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Fractal

New Trade: EURNZD - Short Position (SELL LIMIT)New Trade: EURNZD - Short Position (SELL LIMIT) Sell Limit: 1.7740 Stop Loss: 1.7780 Take Profit: 1.7550 Technical Analysis: Initiated a short position on EURNZD with a Sell Limit set at 1.7740. The decision is anchored in technical analysis, specifically targeting the Fibonacci "golden zone" and incorporating the Anchored VWAP for additional confirmation. Rationale: The Fibonacci retracement levels indicate a potential reversal within the "golden zone," supported by the Anchored VWAP for enhanced technical conviction. Risk Management: A defined Stop Loss at 1.7780 is in place to manage risks effectively, ensuring a disciplined approach to protect capital against unexpected market movements. Trade Strategy: Take Profit set at 1.7550 aligns with the anticipated downward movement. The combination of Fibonacci levels and Anchored VWAP serves as a robust strategy for this short position. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Exercise caution and conduct thorough analysis before making trading decisions. Happy trading!
Short
by CeeJay_Trades
ETHUSD 4H Chart January OverviewETHUSD overall idea is bullish currently reaccumulating on the 4H chart meaning we expect higher prices to form in the coming week. In the next few days we are expecting a push down solely to form the Spring Currently reaccumulating on the lower timeframe meaning we are looking for a long setup on the lower timeframes (i.e 2H,15M,3M) Looking for spring to form in 2220 or 1990 where we have POIs I see the lower one being more probably however the POC lies near 2220 so we may get a reaction nonetheless This marks the continuation of the bullish trends showcased by the higher timeframes the way to adapt this trade to you would be to go on lower timeframes and identify areas where a valid trade may be taken with areas i marked or further confluences Not Financial Advice. Follow for more ideas :) Phi Traders . Founder - Sayry Llumigusin Parra Tags(ignore): Wyckoff, Fibonacci , Volume , SMC , Smart Money Concepts, ICT , Inner Circler Trader , Supply and Demand
Long
by sayrylparra
Start of a new golden cycleSince ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets. Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except for the Covid black-swan it respected the phases a third time like a charm. Now our bottom (15465) is in, the 2023-2027 cycle can take-off. We accumulated and switched momentum now bulls are back. We will see a relief rally to this cycle’s golden (61.8% off 15465->69000) which is waiting at 48550usd to reject the level and start the re-accumulation into the next block-halving which is estimated to be around april 2024. After the 4th halving we are ready for our run-up to new price discovery in circa 2025, lets go. Educational links Fibonacci levels: www.investopedia.com Golden ratio: www.canva.com Bitcoin halvings: cointelegraph.com See you in 2027 for another cycle!
BNC:BLXLong
by nestay
14
NSE All-Share Index Continues Its Impressive Bullish Movement!The Nigerian Stock Exchange All-Share Index (NSE ASI) continued its impressive performance in the last trading week ended January 12, 2024, registering a significant index gain of 4.24%. The market opened at 79,664.7 and closed the week at a robust 83,043.0. This marks another week of strong bullish momentum. Leading the pack was the Consumer Goods sector, which saw a remarkable 9.6% increase in its index, closely followed by the Insurance sector with a 7.63% rise. The only sector to record a decline was Oil & Gas, which experienced a marginal loss of 1.61%. Given the sustained upward trend with no signs of slowing down, the NSE ASI demonstrates strong potential for continued bullish growth in the coming weeks. N.B! - ASI price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #ASI #NSEASI #NGX #ngxgroup #ubagroup #THISDAYLIVE #FirstBankngr #JaizBankNG #fidelitybankplc #wemabank #UnityBankPlc #UNIONBANK_NG #MyFCMB #StanbicIBTC #ZenithBank #gtbank #myaccessbank #SECNigeria
ALong
by BullBearMkt
🔄 UNI: Unveiling Market Fractals! Insight🔄Analyzing UNI's historical price action reveals intriguing fractal patterns, particularly within the context of bullish wedges. A closer examination of these fractals provides valuable insights for potential trading strategies. 📉 Technical Analysis: 🔄 Understanding Fractals: Fractals, repeating geometric patterns, manifest in financial markets, signaling a resemblance in market behavior across different time frames. UNI exhibits a notable bullish wedge, mirroring patterns from its trading history. 📚 Historical Recap - 2021 Bearish Trend: Reflecting on 2021, UNI initiated a bearish trend marked by a deceptive breakout from a short-term bearish wedge. The subsequent downturn became a reference point for understanding the current market dynamics. 📈 Trading Dynamics: 🔄 Repetition of Fractal Dynamics: The present scenario unfolds a larger bullish wedge, characterized by a recent sweep from the top, resembling the 2021 pattern. This could imply a potential repetition of historical price movements. 📉 Anticipated Price Action: Expectations center around a retest of the lower boundary of the wedge, aligning with historical fractal behaviors. Following this retest, a potential upward movement toward the $20 level becomes a plausible scenario. 🔮 Future Implications: Understanding and leveraging fractal patterns provide a strategic advantage, allowing traders to anticipate potential market movements based on historical resemblances. 🔒 Unlock my 3 crypto trading indicators for FREE Below! 🔗
by AlexWhale
DOGE/USD Monthly chart:Very interesting 3 fractal patterns (the power of 3) on the DOGE/USD Monthly charts! Fractal Pattern #1 (Date Ranges in Orange): - DOGE was in a consolidation pattern for 1096 days from Dec 2017 to Dec 2020 before starting the massive bull run. - DOGE has been consolidating since April 2021 and if we were to extend 1096 days out from this date then this puts exactly at April 2024 which aligns with the Bitcoin Halving. If this fractal plays out, then DOGE could potentially start another massive bull run around the halving event! Fractal Pattern #2 (Date Ranges in Purple): - The yellow line is the 21 WMA and the green line is the 21 SMA. - If we measure from the start of DOGE's consolidation in Dec 2017 up to when the 21 WMA (yellow line) crossed below the 21 SMA (green line) in Feb 2019 we can see that this was ~427 days. - Now interestingly enough, if we measure from the start of DOGE's consolidation in April 2021 up to when the 21 WMA crossed below the 21 SMA in Jul 2022 we can see that this was ~456 days. These two date ranges are pretty darn similar and definitely characteristic of a fractal if I ever saw one! Fractal Pattern #3 (Date Ranges in Sky Blue) - If we measure from the time that the 21 WMA (yellow) crossed below the 21 SMA (green line) in Feb 2019 to the time that the 21 WMA crossed above the 21 SMA in Nov 2020 we can see that this was ~639 days. - Now here's the crazy part. If we were to measure the number of days from when the 21 WMA crossed below the 21 SMA in Jul 2022 out to April 2024 which again aligns with the Bitcoin Halving then we'll see that this is ~640 days. This would be one powerful fractal if it were to play out! DOGE you dog you 🙂 Happy trading!
BINANCE:DOGEUSDLong
by nestorsocoolitshot
1