Cashaap

Cashaap

On the 1 hr Timeframe I have drawn the .283 ORANGE Fib retrace level (which may be the reversal back to bullish ALREADY ,as bullish momentum is STRONG here) Below the Orange line is the Green long 0.5 level which i think may be the maximum retracement in this appearantly strong bullish momentum . But as i write it, know that MM may be watching and...

Cashaap

Thick long blue Line 1.618 TP level Thick RED long Line 2.618 fib level But btc has (as you can see on small green horizontal lines) Already hit a ( Perfect ) Fib retrace level of .786 ( Thicker line is perfect retracement from the highest point before the low) , the thinner green line is the later "high" shortly after it. THUS ==> I think retracement is now...

Cashaap Updated 

As BTC just Retraced on the .618 Fib, this may indicate that BTC is on a slow trend-reversal. As it's 20 min later now after i started the first line of this Chart-reading, I see the Green candle has grown significantly already, which indicates bullish momentum. I have set 5 Fib levels for Retracement possibilities. I actually think i did it a bit wrong here,...

Cashaap Updated 

I have no actual experience on Forex trading and i am NOOB Analyst but here is a simple Analysis i just made in 2 min on the 4hr Timeframe EU/USD. You can see it is now testing the 0.5 level, which may continue to the 618, 0 (for a double top to DUMP again) or all the way up to 1.11 area. Just check the pic and you'll see the fib targets in the proper colours....