We see a broken and retested trendline that has potential to go to a great liquidity area that can be used as an awesome support level.
So on this setup the last fib we hit before the massive drop on the daily was .786, now we are approaching the extension of .786. A great TP that would more in likely be reached is the 0.0. A second entry would be the weekly .886 (labeled) if the daily .786 is disrespected.
The last fib level before the bull run was .886 and, on the extension, we are approaching a great reversal area. Let's grab some serious pips on this one.
On the Daily chart there is great setup forming with a high probability for a momentum shift. The bearish momentum should reach the .50 fib level also the EMA, then retrace to .618 for a re-entry.
Another great setup. Great fib level in an obvious trend. Tp is set to the .50 for possible resistance area
We see a great downtrend area as resistance, Awesome fib level and double top confirmation
As we see the Euro lost serious strength, pushing us to a great level which is reacting really well. TP will be the .618 level because in the coming days, the 200 EMA will be intercepting the upward movement.
We have reached an area for a possible reversal. GBP has fall too much without any significant correction
This is a pretty neat potential setup. We have a potential harmonic pattern/strong fib level. In general, all year we have been in a consolidated zone, I believe in the coming days we will see our entry activated. As always, a great risk/reward ratio.
We are about to reach a strong level that has also been used as a reversal point in the past. AUD has been really strong and we can definitely see a momentum shift coming. As always, a great risk/reward.
Hey everyone, I found this possible setup for some serious pips, I know many of my ideas are long term trades however for me they have yet to disappoint. I would much rather find a longer-term position than shorter term, that involves more of a fundamental aspect. Within recent weeks/months we are gradually seeing higher highs and higher lows. We would hit a...
So I know this move is still far away, but it's nothing an alarm can't fix. As we see there is a harmonic pattern forming where our entry would be at a very important level. This setup can reward us with just shy of 500 pips. Not a bad risk/reward ratio at all. As always, please comment and leave some feedback if you enjoy this and the rest of my ideas.
As we clearly see we are in a BEAUTIFUL downtrend! The .886 level has been a Great retracement zone, this is as basic as it gets, however can be extremely profitable. 350 pips is a Awesome target for only a 60 pip risk. Thoughts?
Imbalance has been filled, .786 has been hit! .886 is the last level to reach and it is at excellent support area. Let's get ready for a great move ahead! I believe the USD Bank Holiday may let the .886 level to be reached, keep in mind .786 is a great level and has covered the imbalance and reached a previous support level, plus wayyyy oversold. Leave some...
Found this possible setup that has been identified at an area of past support and resistance also at the .618 area. Economic new can drive price to the entry and then up to the TP zone.
Last analysis dropped below last Fibonacci level. One slight imbalance area may have price drop to the .886 before seeing a rise. Please let me know what you think more minds are greater than one.