drawing a fib retrace from swing low to swing high we see price pulled back into the 618. By using a simple AB=CD pattern we can start to make the prediction of where price could go in the future. To Add a little more conviction we can layer on a fib extension from A to B And we get a 127 ext just below the AB=CD completion point. Thus, giving us a range of say...
Last trade was a loser -$71 I still like BTCUSD to the long side gonna try it again
Last trade was a winner! Price has since come back into and held the 20 sma on the 1hr there for now with the fractal in place I'm thinking we see another push higher.
Long BTCUSD here looking for a small 2:1 move possibly putting in a new hod
Just realized my orders didnt show on previous post. I have marked my entry and position size. Was willing to add up to 2 standard lots. I will be looking to start taking profits soon.
Looking for AUDUSD to continue lower as we head into the end of the week.
IF price retraces to the box I have on the chart and if the bulls are in control I think we could see price ralley and put in a new high. Entry will be a 3 bar reversal on the 15m chart
Are you long or short the S&P and why? I predict a rally.
potential big bull gartley that could complete @ a previous structure level looking left. We also have a 786 fib near the D completion along with what would be a AB=CD completion.
Price has put in a nice reversal candle inside my reversal zone. I am now waiting for a L3C for entry reason. I will be looking for a retest of the lows for target.
Not that I want to get long NZDUSD but IF price pushes lower we will have a bull cypher completion @ .6816
waiting for a completion of the 2618 to get short
looking for a higher high higher close to get long. IF long Target is @ 382 retrace from the high. (Bigger picture is to the down side)