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Retracement

USDJPY bullish retracement MatrixVWhen you look at my last post you see USDJPY had bearish correction. Your entry is the POI 0.786 FIB Zone In my price action post we already had confirmations/retracements at the 0.786 FIB Zone Another confirmation for the reversal is that both swings have a FIB consolidation at the 1.309 FIB Zone. Your entry is the blue line at my 0.786 FIB Zone, above it is the stopploss, the orange line. Price perfectly reached again the 1.309 FIB Zone as its Takeprofit. Risk Ratio is 1:37 Wait for break of structure retracement to enter the bullrun. GG Ez MatrixV
Long
by MatrixV
1
Bear flag broken 4hr drop to 19kHello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC quick update. BTC broke the bear flag in the 4hr time frame that was expected from the last few days. We now can expect price to touch $18k-$19k level. WHY I'M ON BEARISH 1) Price broke the bearish flag pattern. 2)MACD is confirming the Bearish momentum 3) RSI is forming a rising wedge like structure which is generally a bearish pattern . 3) Volume continuously going down What do you think guys? Share your views in the comment section. If you agree with my points then do hit the like button. Thank You!
BINANCE:BTCUSD.PShort
by Mushroom_tip
4
What's NextHey everyone, My last post was just before the last bullish move the crypto market made and was about DOTUSDT precisely. It turned out very well as I published before the move along with a signal that the TP level got hit 2 days after the price consolidated for a day. So if you have seen it, it is perfect because you were able to catch the move. (link down below) For now, I think that we have been consolidating for too many days now. We might be in a consolidation box (or in a symmetrical triangle), which means that we are preparing for a volatile move after breaking this range. Looking at Altcoins like ETHUSDT and DOTUSDT, I lean towards a short-term bullish pullback since we will revisit the 50% Fibonacci level in the higher timeframe. If it breaks to the upside or the downside, we are going with the trend depending on which direction the price goes. Please comment if you have any questions, I will try my best to answer them. Thank you😊
Long
by yassin_khanji
$NEPT Next Target PTs 5.50-6 and higherNeptune Wellness Solutions Inc. operates as an integrated health and wellness company in Canada, the United States, and internationally. It builds a portfolio of lifestyle brands and consumer packaged goods products under the Biodroga, Forest Remedies, Ocean Remedies, Neptune Wellness, Mood Ring, PanHash, Sprout, Nosh, MaxSimil, and NurturMe brands. The company also offers turnkey product development and supply chain solutions to business customers in various health and wellness verticals, including nutraceuticals, beauty and personal care products, and organic foods and beverages. In addition, it is involved in the extraction, purification, formulation, and manufacturing of health and wellness products. Further, the company offers Maxsimil, an omega-3 fatty acid delivery technology that uses enzymes that mimic the natural human digestive system to predigest omega-3 fatty acids. It has a collaboration agreement with International Flavors & Fragrances Inc. to co-develop hemp-derived CBD products for the mass retail, and health and wellness markets. The company was incorporated in 1998 and is headquartered in Laval, Canada.
NLong
by BADQOMOCAWGOWLD
$SPCB Next Target PTs .75-1.25 and higherSuperCom Ltd. provides digital identity, Internet of Things and connectivity, and cyber security products and solutions to governments, and private and public organizations worldwide. It offers MAGNA, a common platform for national ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management. The company's PureRF suite is a solution based on RFID tag technology to identify, locate, track, monitor, count, and protect people and objects. Its PureRF suite comprises PureRF tags, hands-free long-range RFID asset and vehicle tags, PureRF readers, PureRF activators, and PureRF initializers, house arrest monitoring systems, PureTag RF bracelets, PureCom RF base stations, GPS offender tracking systems, PureTrack, PureBeacon, PureMonitor offender electronic monitoring software, inmate monitoring systems, DoorGuard tracking station, and personnel tags. In addition, the company offers domestic violence victim protection systems. Further, it provides connectivity products and solutions comprising AVIDITY WBSac, BOLSTER WBSn, BreezeULTRA P6000, Arena controller, and BreezeNET B. Additionally, the company offers Safend's Encryption Suite that protects the organization's sensitive data; and designs solutions for carrier Wi-Fi, enterprise connectivity, smart city, smart hospitality, connected campuses, and connected events. It sells its systems and products through local representatives, subsidiaries, and distribution channels, as well as independent representatives and resellers. The company was formerly known as Vuance Ltd. and changed its name to SuperCom Ltd. in January 2013. SuperCom Ltd. was incorporated in 1988 and is headquartered in Tel Aviv-Yafo, Israel.
NASDAQ:SPCBLong
by BADQOMOCAWGOWLD
Bitcoin - Important Weeks To Come 🚨Hey fam, this TA is important, so please pay a close attention and in the end, let me about your ideas in the comment section. What do we see in the chart❓ There are two strong bearish movements both took 11 weeks and also there is a 9 weeks upward retracement in the between. The price is now in the 4th wave of the main bearish movement and it is a retracement. I expect it too take 9 weeks from the beginning as well. It reaches us to the conclusion that 15 mid August is an important date for Bitcoin and our analysis, you can see it as a purple line on the chart. I personally expect two scenarios for this 4th wave (retracement): 1️⃣ Scenario 1 : The red line on the chart. The price will make an upward movement to the gray and yellow resistance and near our light blue trend-line, just like our previous retracement spoken above. I expect it to see this high peak around mid August as our important time pivot. Because of a bearish flag it can leads the price to our final bearish (5th) wave to the red and yellow support area around $12,000 - $14,000. That point will be be dip of Bitcoin in my view and I expect some consolidation before rise, but I will buy in that dip. NOT A FINANCIAL ADVICE! 2️⃣ Scenario 2 : The green line on the chart. The price will make a slow downward movement to our red support (Around our purple time pivot). This will be a very bullish sign for me, because it shows that the bears are getting weaker. I personally open long positions with leverage in the dip if this scenario happens. Again, NOT A FINANCIAL ADVICE! I'll have expect a smaller consolidation before rise in comparison to Scenario 1. ----------------------------------------------------------------- Don't forget to hit the like button if you liked the analysis and leave any questions you got in the comment section, I'll answer them all💓
by ArshiaZojaji
3
ETSY, Another successful prediction using Elliott waves !It was unbelievable talking about 70 USD as a major low when it was at 166 USD or even at ATH (See related ideas) ! however we predicted it carefully and time proved the power of our analysis. Also I warned about possibility of a major fall when it was near ATH as my worst case scenario : This is not to give myself a compliment ( Although some may believe I deserve it) . This is to provide you an example which shows the power of Elliott waves for major predictions ,of course, if used correctly. Please note I do not claim that predicted upside move began from last major low will continue and it will not make a new major low. As written in the chart, there are some alternative scenario for now. For example a wave X can be formed which connects two corrective patterns however, as amount of Retracement in ETSY is enough and acceptable there may be a time correction in future considering general market condition. And please note this is not a LONG position recommendation since ETSY is now far from last major low ( Although it may go higher) If you are going to open a long position in this stock it is wise to wait for a major correction and Retracement. It is worth to keep in mind usually wave 2s Retrace much of wave 1. This means if being patient enough ETSY can be bought in lower prices. Good luck everybody.
NASDAQ:ETSY
by SaeedSajedi
20
Bear Rally Bull Trap or Runaway Rocketship?Bounced off 200DMA and of course FOMC coupled with missed ERs and Hopium drove it up up and away. Broke above DT line but indicators show bearish divergence, price rising while Stoch RSI falls. Trades at upper Bolly Band. as Bad news has had such a positive effect can hardly imagine what Good news might bring! Fed sez another 75bp hike next month. Is it priced in? Anybody's guess. NB: This post suggests no future path, only observing key signs. Will it selloff to retest 200DMA? Or ignore logic and reason to bull higher in face of adversity? Stay tuned. Would not chase this long. NB: Close on 7/27 perfects harmonic cypher pattern. These usually sell, sooner than later. And it has sold off after FOMC twice.
TVC:SPX
by DaddySawbucks
79