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Fibonacci

Gold - Bullish Trend Faces a Break – A Deeper Pullback Incoming?Gold has been enjoying a strong and steady uptrend, consistently forming higher highs and higher lows within a well-defined ascending channel. However, we’ve now seen a break of structure, with price closing below the lower boundary of the channel. This signals that Gold might be in for a short-term pullback, as the market seeks to rebalance before the next potential leg up. A break of an ascending channel often suggests that bullish momentum is cooling off, at least temporarily. While this doesn’t necessarily mean a full reversal, it does indicate that buyers may be taking profits, allowing the market to correct before continuing higher. This is a normal and healthy phase in an overall bullish market. Why a Drop to $2960 Makes Sense One of the key reasons to expect a pullback is the large imbalance zone that remains unfilled below current price levels. Imbalances in the market occur when price moves aggressively in one direction without creating proper structural support on the way up. More often than not, the market likes to come back and fill these inefficiencies before continuing in its primary direction. In this case, we have an important confluence around the $2960 level, where the unfilled imbalance meets the 0.618 Fibonacci retracement level (golden pocket). The golden pocket is a high-probability reversal zone, where price tends to react strongly due to the presence of large institutional orders waiting to be executed. This area becomes even more significant when combined with psychological levels and previous price action support. If Gold pulls back to this level, it could be an optimal entry point for buyers looking to ride the next bullish wave. What Comes Next? Once Gold reaches the $2960 region, we will need to watch for strong bullish reactions. If buyers step in aggressively, we could see Gold resume its uptrend and potentially push towards new highs. However, if buyers fail to hold the line at this level, things could get more interesting. A failed bounce at $2960 would open the door for a deeper correction, possibly extending down to the $2860 - $2900 zone, where we have additional technical support levels. While this is not the primary scenario, it’s important to remain aware of the possibility in case bearish momentum increases. Final Thoughts At the moment, Gold is showing early signs of a pullback after breaking out of its ascending channel. The $2960 level is my primary target for this retracement, as it aligns with both the golden pocket and the unfilled imbalance zone. If price reaches this level and reacts bullishly, it could provide a strong buying opportunity before Gold continues its march higher. However, if $2960 fails to hold, we need to be prepared for a larger move downward before the uptrend resumes. Either way, the next few days will be crucial in determining Gold’s next big move. __________________________________________ Thanks for your support! If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀 Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
CAPITALCOM:GOLDShort
by TehThomas
64
BITCOIN → The price is consolidating, but there is a BUT!BINANCE:BTCUSDT is forming a consolidation after a false breakout of trend resistance. Against the backdrop of the global market crash (stock market, futures, forex) bitcoin looks quite strong, but I wouldn't get excited ahead of time Bitcoin is trading inside a downtrend and also inside a range (global 81200 - 88800 and local 81200 - 85600). As long as the price is inside the local range and below trend resistance it is worth considering selling. There have been periods in history when the price seemed strong in the moment, but then, bitcoin caught up with the fall of indices... The fundamental background for bitcoin is unstable: First of all, the price has hardly reacted in any way to the introduction of tariffs, backlash and economic data. The Fed is not giving a clear signal, the market is in uncertainty. Any info noise ( China, Fed rhetoric, company reports ) can cause shake-ups. But at the same time, the same old problems remain: the crypto community is not getting any support. Bitcoin's dominance is growing against the backdrop of its decline. Altcoins continue to storm the bottom. Technically , the situation is weak, the price cannot update local highs and consolidate above any strong support. It is possible to retest the trend resistance, or the zone of interest 85590 before the reversal and fall. Or, emphasis on the trigger 81187. A breakdown will provoke an impulse. Resistance levels: trend, 85585, 88840. Support levels: 81187, 78170, 73500 Buying in the medium term can be considered either after reaching the main target - 73-66K, or after the exit from the descending channel and price fixation above 88840. Now the emphasis is on a possible fall either from the resistance 85580, or when the support 81180 is broken Regards R. Linda!
BINANCE:BTCUSDLong
by RLinda
46
BITCOIN I H1 CLS within Daily CLS I Model 2 I 50% TP1 and HoldHey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! 🧩 What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. 🛡️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. 📍Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” David Perk ⚔
CRYPTO:BTCUSDLong
by David_Perk
11
AUDUSD I Weekly CLS , KL - Order Block, Model 2Hey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! 🧩 What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. 🛡️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. 📍Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” David Perk ⚔
Long
by David_Perk
21
BTC headed to 75k? dead cat at 77.7k then 73-75k support comingBTC was holding well against the market's Tariff-Tantrum. But a significant dip is starting on a Sunday (as often does). If sentiment continues into Monday, we should see 75k soon. ==================================================== Previous Charts below ==================================================== $ 105k cycle Top call: $ 82K Bounce call: $ 73K previous cycle top (and current retest target): ============================================================
COINBASE:BTCUSD
by EuroMotif
2
Bitcoin Elliott Waves Analysis: Short opportunityIn this lengthy video, I discussed the details of labelling and counting of waves for Bitcoin from daily to the 5 mins timeframes. I drilled down to the minuette waves (in orange) on the 5 mins timeframe. Take note that I made a mistake in the actual config of one of the orange waves (setting it as minute instead of minuette). The mistake happened on the 9:15 where I changed the color of the corrective wave A-B-C but did not change the degree. In this video, I also discussed the alternate counts (in blue) in details. But while both the primary and alternate counts are both short bias, the target entries (and thus risks) are different. if you are an aggressive trader, and want to trade on the alternate count, your stop will be set above the blue line where the alternate count is invalidated. If you are trading on my primary count, you will want to see reversal pattern (e.g. candlestick reversal) or see rejection at the red line. In any case, good luck in your trading and remember to keep your risk tight!
BINANCE:BTCUSDShort
by yuchaosng
3
Has Bitcoin completed its multi-year leading diagonal?When we look at the all-time history index, could it be that we've reached the end of a 15-year journey with this last peak? If the last peak represents our 5th wave impulse and is part of a larger leading diagonal, we can consider the entire diagonal—from Bitcoin's starting point at zero to the final peak—as the first impulse. After that, a correction labeled as wave 2 should follow. This correction would likely unfold in an ABC structure over the years and, if it retraces to a possible 0.236 Fibonacci level, we could accept the bottom price to be around $26,000. I can almost hear you asking, "Could it really drop that much?" In a global environment of uncertainty, with stocks taking such a hit, why not? Perhaps this is just the beginning—who knows? On the weekly chart, our potential swing high price is the last peak at $109,500. The confirmed swing low is at $49,500. If the price closes below $49,500 on a weekly basis, it would indicate a change of character, which would be one of the strongest signals that we could see lower prices. After that, I'm not sure whether we will stop at the 0.382 Fibonacci level of $42,000 or the 0.236 Fibonacci level at $26,000. This expectation is for the long term. The price won't drop to these levels immediately, of course. Currently, we are in the A part of this ABC correction. The B wave upwards may come when the price reaches $49,500, and then we will discuss the $42,000 and $26,000 levels during the C correction. As time goes on, it will be easier to pinpoint the exact levels using micro Elliott wave counts.
INDEX:BTCUSDShort
by altin_smh2
1
LTC Targets $70: A High-Probability Reversal SetupLitecoin (LTC) has just broken below the critical $80 low, signaling that bearish pressure is firmly in control. Currently trading at $79—just beneath the swing low at $80—LTC is also sitting below the monthly open at $82.98. With the bears flexing their dominance, traders are left wondering: Where does the price head next? What’s the target for the bears, and where can bulls find an opportunity to re-enter the market? Let’s dive into the charts, pinpoint the key levels, and craft a plan that could turn this downturn into a golden opportunity. The Current Market Picture LTC’s recent breach of $80 confirms the bearish momentum that’s been brewing since its peak at $147.06 on December 5, 2024. Litecoin enjoyed a stellar 122-day bullish run, soaring +195% from $49.80 to high at $147.06. Now, we’re on the 122nd day of a downtrend—a poetic symmetry that hints at a potential turning point. The question is: where will this descent find its floor, and how can we position ourselves for what’s next? Support Zone: The $70 Fortress To identify a robust support zone, we need confluence—multiple technical factors aligning to form a level that’s tough to crack. Here’s what the chart reveals: Fibonacci Retracement: Using the Fib tool from the 2024 low at $49.80 to the high at $147.06, the 0.618 retracement at $86.95 has already been lost, turning our focus to the 0.786 level at $70.61. This deep retracement is a classic spot for reversals, making it a prime candidate for a support zone. Yearly Level: At $70.14, this pivot is nearly identical to the 0.786 Fib level, adding significant weight to the area. Volume Profile: The Point of Control (POC) from a 1.5-year trading range sits right around $70, just above the Fib level. This is the price with the highest traded volume over that period—a natural magnet for price action. Yearly Order Block: Visualized as a green channel, this order block reinforces the $70 zone, suggesting past institutional buying interest or significant support. Together, these factors create a $70 support zone that’s brimming with confluence. It’s not just a random level—it’s a fortress where bulls could mount a serious stand. Long Trade Setup: Entry Strategy: Use a Dollar-Cost Averaging (DCA) approach to build your position. Start with small buys around $75, laddering down to $70, and increase your position size as price nears the core of the support zone. Aim for an average entry of $73/72. Stop Loss (SL): Set it below $68 to protect against a deeper breakdown while giving the trade room to breathe. Take Profit (TP): First Target: $80 (the swing low and monthly open not far off). Main Target: $100 (a key psychological and resistance zone). Risk-to-Reward (R:R): With an average entry at $73 and SL at $68, you’re risking $5 to gain $27 (to $100)—a stellar 5:1 R:R or better. This is a high-probability setup that rewards patience. Execution Tip: Watch for bullish signals in the $70-$75 range—candlestick pattern, volume spikes, or RSI divergence. This isn’t about chasing; it’s about precision. Resistance Zone: The $100 Battleground If bulls reclaim control and push LTC higher, the $100 psychological level looms as a major resistance zone. Here’s why it’s a HOTSPOT: Yearly Open: At $103.28, this level is close enough to $100 to bolster its significance. Anchored VWAP: Drawn from the 2024 low at $49.80, the VWAP currently sits around $102.4, adding another layer of resistance. Historical Context: The $100 mark has been a recurring battleground, with bulls and bears clashing repeatedly. It’s a price that carries weight. A rally to $100 wouldn’t just be a recovery—it’d be a statement. A clean break above could hint at a broader trend reversal, but until then, it’s a ceiling to respect. What’s Next? Bears vs. Bulls For now, the bears are driving LTC lower, with the break below $80 opening the door to the $70 support zone. That’s their likely target—a level where selling pressure could exhaust itself. For bulls, $70 isn’t just a floor; it’s a launchpad. The DCA long setup offers a low-risk, high-reward entry. Wrapping It Up Litecoin’s drop from $147.06 to $79 has been brutal, but the chart is screaming opportunity. The $70 zone—backed by Fibonacci, levels, volume, and order blocks—is where bulls could turn the tide. With a DCA entry at around $73/72, SL below $68, and a main target at $100, you’ve got a trade setup that could deliver a 5:1 payoff. Meanwhile, $100 stands as the bears’ next big test if momentum shifts. So, will you wait for LTC to hit $70 and strike, or watch the action unfold? The levels are clear—now it’s your move. Use this analysis to sharpen your edge, and let’s see where Litecoin takes us in the days, weeks, and months ahead. ________________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know, I’m here to break down the charts you want to see. Happy trading =)
Long
by SiDec
1
GBP/USD Long using Fib levelsI will keep analysis brief. I believe we will raid the lower channel then sweep above liquidity and then let the dollar decide it's move based on equity sentiment in the US market. 2.23 R:R trade. I will not be continuing to trade FX - I want to attempt given gold has been so volatile and that is usually the only asset which I trade. Dark purple lines are major weekly Fib levels. Dashed light red / pink lines are Fib levels on shorter time zones. Trade set up is marked out in the picture shown here. Best of luck if you take this set up and please give feedback on what you think of the idea or the market itself. Big week ahead for the dollar - we will see whether SPX takes a further dive or capital is introduced and market starts to recover. Best of luck and remember once you get stopped out walk away. This is not a casino!
Long
by Q4Signs
Will ETH finally change direction?ETH is approaching support at $1,559, but here you can see how the price has fallen below the upward trend line, which could have resulted in a stronger rebound. When support is broken, you can still see a strong support level at $997, to which we can see a decline. Only when the trend changes direction will ETH have to face resistance levels at $1,889, then $2,151, and then $2,560 before we see any major upward movements. The Stoch RSI indicator shows us moving along a line where we could previously observe strong price rebounds, while the RSI indicator itself, taking into account the interval of one weekend, shows us approaching the level we last touched during the bear market bottom.
COINBASE:ETHUSD
by cryptodailyuk
#CIRA - Egyptian stock#CIRAtime frame 1 DAY Created a Bullish Gartley pattern Entry level at 14.10 Stop loss 13.60 (-5% estimated loss ) First target at 15.25 ( 8% estimated profit ) Second target 16.30 ( 15% estimated profit ) NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock . Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:CIRALong
by tfcgeorge
QQQ Stock Chart Fibonacci Analysis 040525Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 423/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:QQQ
by fibonacci6180