UnknownUnicorn2254721
Look for sells up at the 1.618 fib level. WES has been looking very strong so a pullback to some support is definitely going to happen sometime.
Woolworths looking to hit all time high prices as it destroys short stops on its way up. Woolies smashes the .618 fib level. Look for buys at the support zone down below.
ANZ looks ready to drop after poking at the .618 fib level. exit short or buy anz at the zone shown below.
Remember to use stop loss! NAB is approaching the zone to short so keep an eye on nab for the future.
easy zones for buying or selling bhp good luck!
Hi everybody. This is a chart showing you possible sell zones and buy zones due to resistance that we have encountered before and support which is the .618 fib level.
WBC has had a nice rally upwards after hitting support but now we see a big hurdle for WBC which is the .618 fib zone.
CSL is at resistance and looking to drop bigtime down to the retracement levels. The cyan box below is a possible long spot for csl
Telstra has stayed true to the Fibonacci and support zones. We can expect to hit the .618 Fib zone then possibly retrace downwards back to support.
Bokchoininja here charting some fibonacci levels for u guys check out the buy zone on the 0.618 level that looks very attractive.
Hey guys its bokchoininja here bringing you another analysis. This time we're doing NCM. Newcrest mining looks about to break out of resistance unless we see a pull back by tomorrow when the action starts. Newcrest is looking poised to hit the 2.618 if we do break above the resistance zone. If we just kiss the 1.618 we are looking to fall down to the love heart...
Hi guys its bokchoininja here with another fibonacci analysis. In this analysis I highlight three critical zones of support and resistance predicted by good old fibonacci ratios. We had a nice kiss on the 1.618 level and are struggling to break past the current resistance zone. If we do break past we are headed upwards but the resistance box is where i have my buy...
As you can see mining stocks have been hot in australia for 2019. However there is a lot of resistance coming up shown by the aeroplane box formed by fibonacci extensions. I would short rio in this box and wait for a pull back either to the 0.382 or 0.618 fib extension. If we break this resistance or eventually retrace back to the penguin box, I would have my eyes...
As you can see the price is getting very close to the fibonacci zones drawn on the chart. We can expect to see a pullback to the lower box if we do not break above the upper resistance box. That being said If my short does not go to plan and we break above we are targetting higher highs. Check out my youtube channel at aweeboneshTV for more ideas :D
An inverse head and shoulders popped up. Bullish on trx for a few weeks from here. Bull flag forming on the hourly indicating a bullish pattern