mrsceleste

mrsceleste Updated 

BTC/USD has history of respecting 50% fib retracement prior to turning direction. Price is also rejecting this area around 7,800, which would confirm a 50% fib retracement. Bearish activity would complete right shoulder of head and shoulders pattern. On the day chart BTC/USD is exhibiting pattern of a descending triangle. For educational and study purpose only.

mrsceleste Updated 

Amuse me. Tight stop loss at AC .. Hot spots around fib key levels in play. For demonstration and weekend entertainment purposes only.

mrsceleste Updated 

AUD/JPY looks to be forming a double top. Pair is experiencing bullish sentiment. Retrace and price action reactive at key fib levels. This trade idea is for educational purposes only. Trade at your own risk.

mrsceleste

AUD/USD just completed head and shoulders and a very sharp decline; Looking for price to pull back. Very low risk to reward ratio. TP1: .74968 TP2: .76097 TP3: .76740

mrsceleste

Could this be a 3rd touch? Bounce or break? Possible Head and Shoulders. Fundamentals are in play as well. US30 is volitile so watching for now..

mrsceleste

Long term trade idea; TP areas at key levels. Expect pullbacks. Trade at your own risk

mrsceleste Updated 

The chart says it all, including the latest bullish candlesticks. However, the pullbacks will happen. US30 is very volitile and is subject to reaction based on news. Suggest getting in on good retracements, and pip and dip.. Trade at own risk.

mrsceleste

USD/JPY price action is moving well within a symmetrical triangle and is respecting trend lines. On the day chart the 200 MA (black line) has kissed price as noted (as circled). I would expect the 200 MA to serve as an area of dynamic resistance, and would place a stop loss not to exceed 50 pips above this area. Price action has respected the 61.8% fib level on...

mrsceleste Updated 

Expect USD/JPY to reverse around 50% fib to the 38.2% fib area; pip and dip strategy takes advantage of movement expected on longer term bear run. Get the pips and close.

mrsceleste

There is still quite a bit of bearish sentiment for the GBP/JPY pair. Price has retested previous highs, back to 145. As we draw a fib, we can see that price is respecting the 23.6% fib area (see highlighted in yellow) especially given the long wicks. We could see price push through to a higher level, or we can see price push down to lower levels. Given the recent...

mrsceleste Updated 

Idea for educational and study purposes. Trade at your own risk. GBP/JPY has been in a very strong bear market over the past couple of weeks, with price reaching lows since March 2018; sentiment toward this market is very bearish. Price continues to fall well below the 50 MA. As price reaches a new low it has tested previous support. The Stop Loss is placed at the...

mrsceleste

This idea is for educational and study purposes. Trade at your own risk. Past results do not guarantee future profits. NZD/USD appears to be at the end of a flag/retracement area. I anticipate that price will rally back down towards the neckline of the head and shoulders pattern. The take profit area is a major level of support. The flag is being contained in a...

mrsceleste Updated 

This idea is for educational purposes only USD/JPY 0.23% is in a bear market; the pair experienced retracement and rejection around the 38.2% fib level. Expect price to continue toward 109.000 area. The 50 MA (red) is also trending downward. Expectation is that price will pull back to the 8 EMA (black)

mrsceleste

This chart is for demonstration and educational purposes. EUR/USD exhibits a head and shoulders pattern on day chart; we are in a bear market trending downward, which is also confirmed by the 50 MA. It appears as though this pair is experiencing retracement. Price seems to pull itself back to the 38.2% fib area. Price has respected this 38.2% fib level (at...

mrsceleste Updated 

Well, BTC/USD seems to have lost steam on it's down trend...reaching lows around 6,500, and it looks like we are bouncing back. We are seeing higher highs and higher lows. When drawing a fib, we see we have a reversal that price is currently rejecting at the 61.8% fib level (yellow highlighted line). A break in price above the 61.8 level could mean an increase in...

mrsceleste Updated 

GBP/JPY has been experiencing a corrective flag. It looks like the correction could be coming to an end based on a 50% fibonacci retracement. If prediction is correct we have an opportunity to open a short position to continue the downward trend. This could take us to a low of at least the previous low of 145.077. This trade is no suggestion to place an order to...

mrsceleste Updated 

BTC USD is still getting heavy pressure from the bears. There is forming a nice gartley pattern. It appears the right side is forming a nice channel. We can draw a couple of trend lines (in black) to use as a guide off which to enter a short position for a short term sell rally. Using the fibonacci tool, the last retracement hit the 61.8% level, and if this plays...

mrsceleste

As expected BTC/USD hit the key level of 7,800 and appears to be reversing. The trend in my opinion is still a sell. Based on fibonacci retracement possible TP1 at the 38.2 level 8,296 or TP 2 at 50% level of 8,431. Afterwhich I believe the sell trend will continue back to previous low and head to key level of 7,600 and lower possible. Please share your ideas and...