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Fibonnacci

EURUSD - Retest of resistanceBelow you'll find an analysis on EURUSD H4 chart. Price on H4 broke the upsloping trendline to the downside. After a retest of the trendline price continued to move lower. Subsequently, price broke through support, found support on 38.2 fib level and is now testing resistance (former support). If price is not able to break through to the upside, more downside potential will follow. Next supports are the 38.2 and 50 fib level and the support at 1.1735. 1.1735 is also the target for the short position. If you have any questions or comments, feel free to post! Happy trading!
Short
by jouke.hartman
Bitcoin compared to DASH, LTC and ZECHow do Dash, LTC and ZEC move against btc? Can we learn anything from their relative movements? Orange arrows indicate the tops in altcoins which usually results in a stall or minor consolidation in btc price Blue arrows indicate bottom of alt moves and either coincide with or lead the rise in btc price. Check the fib retracements to check for potential bottoms. We already had a wick to 62% New moon was on the 25th and may coincide with a local top
BITSTAMP:BTCUSD
by FOMONOMO
50% R2R (Circular Geometry)50% R2R (Circular Geometry) The large Price/Time Continuum Harmonic is completed, the 2.618 Arc has been reached. Is a 50% Retrace 2 Reload needed, are there any indications it will. No large Retraces have happened in Bitcoins recent rallies. Yes, minor corrections to the .236 or .386 but the last major 50% retrace was on 03/03. So yes maybe we are overdue and is this the market structure being build. Is this the third driver? and are we in for a big retracement/Correction. I doubt this strongly there is simple no reason for people to sell and Bitcoin is getting exponentially scarcer over time as more people want them. Injoy Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
BITSTAMP:BTCUSD
by FlippingABitCoin
5
ETHBTC opportunity for short positionETH had very interesting movement for the last couple of weeks and I think that the losses are not finished yet. There is a big bearish candle from 3rd of April. This kind of big candles tend to create support/resistance which is placed at 50% of Retracement of the body of the candle ( shadows doesn't count). …Yes you can apply this kind of analyze to any other big candle but this level seems to be respected for last couple of days. I marked something similar to double top where 0.04075 was hit twice with doji candle. I consider this as the confirmation for further loses. Pair is trading below 200Ema which is another signal for bearish movement. I would put SL above the green line and TP as follows: 0.030000 Most likely 0.025000 Probably 0.020000 well it is possible I would advise to open position with small stake only.
Short
by Krystiannwk
Gold - which way ??????Case for a buy - if price closes above the 9 ema , gold may be a buy towards the .618 retracement. Case for a sell - if price closes beneath the 14 ema , gold may be a sell towards an equal legs projection towards 1001. A move to the downside seems likely because i. Price has nearly made a 50% retracement. ii. Hidden divergence is present. ( it may or may not be significant). iii. That RSI ticked below 70. iii. Risk reward favours the downside. I would appreciate any assistance, with comments or ideas.
FX_IDC:XAUUSD
by Umlingo
Continuation Pattern for EURUSDAfter some indecision, last week a doji candle was formed in weekly major support level. We can now se on the daily chart some head and shoulders pattern indicating long for EU in the short term. We are expecting it to reach the 61.8 fib retracement on the green line, and then a possible downside breakout. This will probably stop at the -27% extension to then retest major levels, and continue to move to the downside. This is a long term trade, which on it's way, will leave a lot of intraday opportunities. THE OVERALL SENTIMENT IS SHORT FOR THE LONG TERM.
Long
by lluiszardoya