rcarthage

rcarthage

1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.

19:47

rcarthage

1. Daily fib has reached 1.18/1.27 extension zone after a shallow retracement. 2. PRice created a swing high formation after consolidation. 3. Price broke the 1hr trendline I am looking for a price to move to at least the 38.2 retracement zone.

rcarthage

1. Shallow retracement on daily Fib 2. Retest of Daily support area 3.Waiting for Trendline break and Swing low formation

rcarthage

Looking at a buy set up for EURAUD 1. Red circle to the left denotes a break of the monthly trendline. 2. Red circle to the right denotes a retest of the same zone that the monthly trendline was broke, which is in confluence with the 50-61.8 1hr and 4hr Fib zone. 3. I am looking for a swing low and a break of the down trendline for an entry long, with the first...

rcarthage

Price has hit the 1.18 extension on the daily after a shallow 23.6 Retracement. A swing low has formed on the 1hr. A short term call on the retracement to 94.95 may be in play. After a pullback, I See price moving down to 73.99 ( 38.2 on daily Fib.)

rcarthage

Price has hit the 1.18 extension on the daily after a shallow 23.6 Retracement. A swing low has formed on the 1hr. A short term call on the retracement to 94.95 may be in play. After a pullback, I See the price moving down to 73.99 ( 38.2 on daily Fib.)

rcarthage

Daily D Extension achieved and B boundary has been formed. Once a breakout of consolidation occurs, looking for a short opportunity to at least the 38.2 possibly 61.8 retracement level before a continuation to the upside.

rcarthage

Looking for the bulls to take over and push price back up to the high 90's as the Corona Virus kicks back in to high gear. Italy and Germany have already moved back in to Lock down phase. Price on this index has been in consolidation and is retesting the low Once the pullback is achieved look for a breakout of the consolidation zone as we move past the...

rcarthage

Criteria for Entry: 1. Swing High formation 2. Price to break the Trendline. 3. -.18/-.27 extension to be achieved. 4. Break of the trendline 5. *** If you are using the harmonic scanner- Price to touch the entry point.***

rcarthage

Price could be preparing to go long after a hit of the -.618 extension is achieved. Criteria for Entry: 1. -.618 Extension hit. 2. Swing Low to form. 3. Inner Trendline Break and retest. No entry just yet on this pair, waiting to see what happens.

rcarthage

Short term Buy set up. Criteria for entering Long 1. Price must form a swing low 2. Price must break inner Trendline 3. Price has already reached the -.18/-.27 Extension after a 23.6 pullback

rcarthage

Looking at a short opportunity on EURJPY. Price has been on a bullish move for a few weeks. Criteria for entering a short position 1. Price reached the 1.618 D Extension and formed a double top just above the extension. 2. Price broke the inner trendline 3. Price broke the outer trendline on the 15 min TF.

rcarthage

This is a counter Trend Trade Set up. The USD regained its strength last week. Friday, the bulls gave us a 23.6% retracement and took out the previous low, this is an indicator that price has strong potential to hit the 0.18 Fib Extension Level. Price is too close the D Extension to sell, however once the .18 extension is achieved, I will but looking for price to...

rcarthage

I am waiting for a break out of the consolidation zone. Price hit the daily 1.618 D D Extension. I am looking for a retracement back to at least the 38.2 zone. Price could go for a deeper retracement.

rcarthage

1. This Call had a vary shallow retracement of less than 23.6% on the daily time frame 2. When this happens, the D extension shifts to either the 1.18 or the 1.27 extension. 3. In this situation, the 1.18 extension has been hit and price has consolidated. Rules that have been achieved: 1. Daily D extension hit after shallow retracement. 2. Trend line has been...

rcarthage

This pair moves inverse to the US Stock market. 1. Hit a daily support level 2. 78.6 Fibonnaci retracement 3. S&P 500 is almost at it's D Extension. This has the potential to make a nice move to the 1.18 D Extension.

rcarthage Updated 

Price gave a vary shallow retracement, then stalled at 1.18 Fib Extension. When this occurs, generally you will have a retracement to the 38.2 fib level to complete the c wave, before continuing to the D Extension.

rcarthage

Multi Time frame Analysis, with Fibonacci of USDCAD Long