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Fibonacci

Tradeweb Markets Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Tradeweb Markets Inc - Double Formation * 105.00 USD | Head & Shoulders Structure | Subdivision 1 * (Neckline) | Survey Entry | Daily Time Frame - Triple Formation * 0.382)) Retracement | Uptrend Bias | Subdivision 2 * ABC Flat Correction | Configuration | Subdivision 3 * Trend, Behaviour & Entry | Daily Time Frame Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Neutral
CAPITALCOM:TW
by TradePolitics
EURUSD → Consolidation before Fed Interest Rate DecisionFX:EURUSD is in a consolidation phase, as is the dollar index. The outcome could be decided this week. Traders are waiting for the FED meeting on US interest rates Globally the trend is neutral, but the price is consolidating near the key support that has been holding the market for two years. Aggressive interest rate cuts in Europe are putting overall negative pressure on the currency pair. The dollar may go into a downward correction if the decision to cut interest rates is made on December 17-18. But any hint of hawkish policy on the part of the Fed may strengthen the dollar, which will intensify the decline in EURUSD Resistance levels: 1.0607, 1.065 Support levels: 1.045, 1.033 Based on interest, amid the downtrend, the price has not yet reached the key liquidity zone. Before important news, the market may reach 1.0607. But based on the technical and fundamental background, the fall may continue, and a breakdown of 1.0448 will strengthen this fall. Regards R. Linda!
Short
by RLinda
2
NAS100 - Nasdaq, the only green index last week!The index is above the EMA200 and EMA50 in the 4H timeframe and is trading in its ascending channel. If the index corrects towards the demand zones, you can look for the next Nasdaq buy positions with the appropriate risk reward. The valid failure of the previous ATH will provide the conditions for the continuation of the rise of this index. The Economist predicts that as 2025 approaches, the U.S. economy is in a highly favorable position. It expects a soft economic landing in the upcoming year, meaning the U.S. will successfully reduce inflation to its 2% target without harming economic growth. While analysts previously forecasted a recession for the U.S., Washington now stands out as the only major economy whose output exceeds pre-pandemic trends. This year, the Nasdaq index has significantly outperformed other major U.S. stock market indices. The primary reason is the heavy weighting of tech stocks in the index. Technology stocks, particularly the “Big Seven” tech giants, have seen remarkable growth due to the AI revolution and market optimism.On the other hand, the Dow Jones index, which is more focused on industrial stocks, has lagged behind Nasdaq despite notable gains. The United States is preparing new restrictions on AI chips to block China’s indirect access to this technology. According to a report by The Wall Street Journal, these restrictions aim to prevent China from using hidden pathways to obtain AI chips. Sources familiar with the plan revealed that the U.S. intends to hold companies like Google and Microsoft accountable for managing access to advanced AI chips. The most significant economic event this week is the Federal Reserve’s final interest rate decision of 2024, set to be announced on Wednesday. Markets are already anticipating a 25-basis-point rate cut, but attention will focus on the Fed’s policy statement and Jerome Powell’s remarks during the press conference. Traders will look for clues about the Fed’s monetary policy outlook for the upcoming year. Additionally, the Bank of England will announce its interest rate decision on Thursday, which could have a global market impact. Key economic data on American consumer health will also be released this week. On Tuesday, the November retail sales report will provide fresh insights into consumer behavior during the holiday season. Moreover, on Friday, the Personal Consumption Expenditures (PCE) price index—a key inflation metric closely watched by the Fed—will be released, potentially clarifying the direction of future monetary policy. Other important economic data include the Empire State Manufacturing Survey and the S&P Global PMI leading index, both set for release on Monday. On Thursday, critical figures such as the final Q3 GDP growth rate, the Philadelphia Fed manufacturing survey, November existing home sales, and weekly jobless claims will also be published. Analysts expect the Fed to cut rates by 25 basis points this week, but the pace of rate cuts in 2025 is expected to be slow. Due to sticky inflation and some inflationary policies from Donald Trump, economists anticipate only three rate cuts in 2025. The U.S. dollar has performed impressively this year, supported by the country’s economic conditions. However, Morgan Stanley analysts, including David Adams, believe buying the dollar at this point may be a mistake, as there is a downside risk for the currency. Based on their discussions, many investors expect the dollar index to rise further. Morgan Stanley argues that positive news is already fully priced into the dollar and that markets may be overestimating the speed, scope, and impact of economic measures.
CAPITALCOM:US100Short
by Ali_PSND
NQ Power Range Report with FIB Ext - 12/16/2024 SessionCME_MINI:NQZ2024 - PR High: 21800.00 - PR Low: 21762.00 - NZ Spread: 85.0 Key scheduled economic events: 09:45 | S&P Global US Manufacturing PMI S&P Global Services PMI Contract rollover week - Holding auction at 21800 zone, near ATH - QQQ gap below 520 remains open Session Open Stats (As of 12:25 AM 12/16) - Weekend Gap: N/A - Session Gap 12/13 +0.42% (open < 21640) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 263.61 - Volume: 18K - Open Int: 239K - Trend Grade: Bull - From BA ATH: -0.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22096 - Mid: 20954 - Short: 19814 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQZ2024
by mv3trader5
Nifty Intraday/ monthly view - CPR Fibonacci After a big move on Friday today market has created a wide CPR so don't expect big move today market may remain in the range, Market will try to trap buyer as well as seller Intraday levels - nifty can go max down till 24557, can face a resistance at 24858 Monthly view Keep bullish view - if market closes above 24858 keeping a target of 25120 Market is in clear up trend keep by on dips strategy don't keep too much bearish view until an unless it closes below 23873 that is 61.8 % views are personal. Not investment advice
NSE:NIFTY
by the_fib_trader
1
NVIDIA: Fib Fractal MappingConsidering all those observed fractal patterns from: A fractal to narrow in would be: Let's unfold: This means we have identified scalable structural basis. Fibonacci Mapping Validation of Metrics via Resonation: Validation of Fibonacci channel tilt: Fractals of Previous Cycle: Scalable Fractals: Fractal patterns are approximations and are not solely about predicting price movements on the Y-axis; they also encompass the frequency of reversals on the X-axis. The timing of smaller cycles, which serve as the building blocks of these patterns, holds greater significance than the overall composite price changes.
NASDAQ:NVDA
by fract
8
Ethereum Insight: Price Action Strategies for Winning TradesBITSTAMP:ETHUSD @Alexgoldhunter Price Action Analysis and Strategy Key Levels and Zones Support and Resistance Levels: Strong High/Swing High: Around $4,008.2 p1D High: Around $3,986.6 0.618 Fibonacci Level: Around $3,912.6 0.705 Fibonacci Level: Around $3,893.6 0.786 Fibonacci Level: Around $3,882.6 Swing Low: Around $3,835.0 p1D Low: Around $3,835.0 Volume Profile: High volume nodes around 1.9K, 2.22K, 2.39K, and 2.49K levels. Fair Value Gap (FVG): A gap is visible around the $3,986.6 level. Price Action Concepts Change of Character (CHoCH): Multiple CHoCH annotations indicate shifts in market sentiment. Break of Structure (BOS): BOS annotations indicate significant breaks in market structure. Indicators Relative Strength Index (RSI): Current RSI value is 64.93, indicating a slightly overbought condition. Moving Average Convergence Divergence (MACD): MACD values: 24.1 (MACD line), 12.4 (Signal line), 11.7 (Histogram). Buy Strategy Entry Point: Consider entering a buy position if the price retraces to the 0.618 Fibonacci level (around $3,912.6) and shows bullish confirmation (e.g., bullish candlestick pattern or CHoCH). Stop Loss: Place a stop loss below the Swing Low (around $3,835.0) to manage risk. Take Profit: Target the Strong High/Swing High level (around $4,008.2) for taking profit. Sell Strategy Entry Point: Consider entering a sell position if the price fails to break above the Strong High/Swing High level (around $4,008.2) and shows bearish confirmation (e.g., bearish candlestick pattern or BOS). Stop Loss: Place a stop loss above the Strong High/Swing High level (around $4,008.2) to manage risk. Take Profit: Target the 0.618 Fibonacci level (around $3,912.6) for taking profit. Conclusion This chart provides a comprehensive view of Ethereum's price action, highlighting key levels and zones for potential buy and sell strategies. By using price action techniques and technical indicators, traders can make informed decisions to optimize their trading strategies. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
BITSTAMP:ETHUSDLong
by Alexgoldhunter
Bitcoin: Master Price Action for GainsBITSTAMP:BTCUSD AlexGoldHunter Technical Analysis Using Price Action Techniques Key Levels and Zones Resistance Levels: 0.382 Fibonacci Level: $105,050 0.5 Fibonacci Level: $105,045 Support Levels: 0.618 Fibonacci Level: $104,070 0.705 Fibonacci Level: $103,700 0.786 Fibonacci Level: $103,400 Fair Value Gap (FVG): This zone indicates a potential area of interest for price action traders. Order Block (OB): Another area of interest where significant buying or selling activity has occurred. Change of Character (CHoCH): Indicates a potential shift in market sentiment. Break of Structure (BoS): Confirms a change in market structure, often used to validate trend reversals. Volume Profile The volume profile shows the distribution of trading volume at different price levels. Higher volume nodes can act as support or resistance. Indicators Relative Strength Index (RSI): Currently around 72.01, indicating overbought conditions. Moving Average Convergence Divergence (MACD): MACD lines are above the zero line, suggesting bullish momentum. Buy Strategy Entry Point: Consider entering a long position if the price retraces to the FVG or OB zones and shows signs of a bullish reversal (e.g., bullish candlestick patterns or increased buying volume). Confirmation: Look for confirmation from the RSI (moving back above 40) and MACD (bullish crossover). Stop Loss: Place a stop loss below the recent swing low or the lower boundary of the OB zone. Target: Set initial profit targets at the resistance levels (0.382 and 0.5 Fibonacci levels). Sell Strategy Entry Point: Consider entering a short position if the price reaches the resistance levels and shows signs of a bearish reversal (e.g., bearish candlestick patterns or increased selling volume). Confirmation: Look for confirmation from the RSI (moving below 68) and MACD (bearish crossover). Stop Loss: Place a stop loss above the recent swing high or the upper boundary of the resistance zone. Target: Set initial profit targets at the support levels (0.618 and 0.705 Fibonacci levels). By using these price action techniques and key levels, traders can develop a strategic approach to buying and selling Bitcoin based on the chart provided. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
BITSTAMP:BTCUSD
by Alexgoldhunter
AAPL: Key Levels & Strategies for Big ProfitsNASDAQ:AAPL AlexGoldHunter Analysis Using Price Action Techniques Key Levels and Zones Support and Resistance Levels: Support: Around $242.98 (Swing Low p/D Low) and $244.00. Resistance: Around $248.12 (current price) and $250.00 (Swing High p/D High). Volume Profile: High volume nodes around $244.00 and $248.00 indicate significant trading activity and potential support/resistance zones. Order Blocks (OB): Identified near $230.00 and $244.00, suggesting areas where institutional buying or selling might have occurred. Price Action Patterns Break of Structure (BOS): Multiple BOS annotations indicate areas where the price has broken previous highs or lows, signaling potential trend continuation or reversal points. Change of Character (CHoCH): CHoCH annotations suggest shifts in market sentiment, potentially indicating reversals or significant pullbacks. Indicators RSI: Current RSI value around 62.93 suggests the market is not overbought or oversold. MACD: The MACD line is above the signal line, indicating bullish momentum. Buy Strategy Entry Point: Consider buying near the support level around $244.00, especially if there is a bullish candlestick pattern or a BOS above this level. Stop Loss: Place a stop loss below the recent swing low or the support level at $242.98. Take Profit: Target the resistance level around $250.00 or higher if the price shows strong bullish momentum. Sell Strategy Entry Point: Consider selling near the resistance level around $250.00, especially if there is a bearish candlestick pattern or a CHoCH indicating a potential reversal. Stop Loss: Place a stop loss above the recent swing high or the resistance level at $250.00. Take Profit: Target the support level around $244.00 or lower if the price shows strong bearish momentum. Conclusion This chart provides a detailed view of AAPL's price action, highlighting key support and resistance levels, volume profile, and significant price action patterns. By using these price action techniques, traders can develop a buy and sell strategy based on the identified levels and patterns. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
NASDAQ:AAPL
by Alexgoldhunter
ONDO making a parabolic move here. It’s difficult to call what ondo just broke upward from a cup and handle because the handle is extremely small even on small time frames as small as the 1hr timeframe, however there is some bullish confluences that if you treat it the same way you would treat a cup and handle to ensure the breakout target, you find that the target is exactly at the 1.618 Fibonacci level which is a very common breakout level that things tend to climb two when the breakout up from a previous pattern and surpass their previous highs. Due to this confluence. Think we have enough to go by here to make a rough speculative guesstimate at least of what price target ondo may currently be heading towards. *not financial advice*
COINBASE:ONDOUSD
by DrDovetail
Ondo’s parabolic move on the 1day chartThis is the same chart I jsut posted except this time it’s shown here on the 1day timeframe” It’s difficult to call what ondo just broke upward from a cup and handle because the handle is extremely small even on small time frames as small as the 1hr timeframe, however there is some bullish confluences that if you treat it the same way you would treat a cup and handle to ensure the breakout target, you find that the target is exactly at the 1.618 Fibonacci level which is a very common breakout level that things tend to climb two when the breakout up from a previous pattern and surpass their previous highs. Due to this confluence. Think we have enough to go by here to make a rough speculative guesstimate at least of what price target ondo may currently be heading towards. *not financial advice*
COINBASE:ONDOUSD
by DrDovetail
1
USD/JPY: High-Probability Price Action TradesFX:USDJPY AlexGoldHunter Technical Analysis Using Price Action Techniques Key Levels and Structures Support and Resistance Levels: Swing High: Around 153.758 Swing Low: Around 151.933 Current Price: 153.758 Break of Structure (BOS): BOS is marked at several points indicating significant price movements breaking previous highs or lows. Change of Character (CHOCH): CHOCH is marked indicating a potential reversal in the trend. Moving Averages Red Line: Likely a short-term moving average (e.g., 50-period MA). Yellow Line: Likely a longer-term moving average (e.g., 200-period MA). Indicators RSI: Current RSI is around 62.93, indicating the market is not overbought or oversold. MACD: The MACD line is above the signal line, suggesting bullish momentum. Buy Strategy Entry Point: Consider entering a buy position if the price breaks above the recent swing high (153.758) with strong volume. Confirmation: Look for a BOS above the swing high and ensure the RSI is not in the overbought territory. Stop Loss: Place a stop loss below the recent swing low (151.933) to manage risk. Take Profit: Set a take profit at the next significant resistance level or use a trailing stop to lock in profits as the price moves in your favor. Sell Strategy Entry Point: Consider entering a sell position if the price breaks below the recent swing low (151.933) with strong volume. Confirmation: Look for a CHOCH indicating a potential trend reversal and ensure the RSI is not in the oversold territory. Stop Loss: Place a stop loss above the recent swing high (153.758) to manage risk. Take Profit: Set a take profit at the next significant support level or use a trailing stop to lock in profits as the price moves in your favor. Conclusion This chart shows a bullish trend with potential for further upward movement if key resistance levels are broken. However, traders should watch for signs of reversal and use appropriate risk management techniques. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
by Alexgoldhunter
Crude Oil: Price Action Tips for Big GainsTVC:USOIL AlexGoldHyunter Technical Analysis Using Price Action Techniques Key Levels and Structures Support and Resistance Levels: Resistance: Around 71.00 (marked by the red dashed line and "Equal Highs"). Support: Around 68.75 (marked by the green line labeled "Swing Low"). Fibonacci Retracement Levels: 0.382: 70.50904 0.618: 69.27906 0.786: 69.58792 Break of Structure (BOS): Multiple BOS annotations indicate significant price movements breaking previous highs or lows. Change of Character (CHoCH): Indicates a potential reversal or shift in market sentiment. Indicators Moving Averages: The chart includes two moving averages (red and blue lines), which can be used to identify trends and potential entry/exit points. Volume: Volume bars at the bottom indicate the trading activity, which can confirm the strength of price movements. Relative Strength Index (RSI): The RSI indicator shows overbought or oversold conditions, which can be used to time entries and exits. MACD: The MACD indicator at the bottom shows momentum and potential trend reversals. Buy Strategy Entry: Look for a bullish CHoCH or BOS above a significant resistance level (e.g., 71.00). Confirm with increasing volume and a bullish crossover in the MACD. RSI should be above 50 but not in the overbought zone. Stop-Loss: Place a stop-loss below the recent swing low or a significant support level (e.g., 68.75). Take-Profit: Use Fibonacci extension levels or previous resistance levels to set take-profit targets. Sell Strategy Entry: Look for a bearish CHoCH or BOS below a significant support level (e.g., 68.75). Confirm with increasing volume and a bearish crossover in the MACD. RSI should be below 50 but not in the oversold zone. Stop-Loss: Place a stop-loss above the recent swing high or a significant resistance level (e.g., 71.00). Take-Profit: Use Fibonacci retracement levels or previous support levels to set take-profit targets. By using these price action techniques and indicators, traders can develop a structured buy and sell strategy for trading CFDs on WTI Crude Oil. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
TVC:USOILLong
by Alexgoldhunter
DXY Masterclass: Expert Price Action Strategies UnveiledTVC:DXY AlexGoldHunter Technical Analysis Using Price Action Technique Key Levels and Patterns Resistance Levels: Top Resistance Band (RB): Around 107.500 Lower Resistance Band (RB): Around 106.000 Support Levels: Target Support: Around 105.500 Another Support Target: Around 104.000 Fibonacci Retracement Levels: 0.382: 106.835 0.5: 106.662 0.618: 106.489 0.786: 106.270 Break of Structure (BOS): Multiple BOS points indicating significant changes in price direction. Market Structure Shift (MSS): Points where the market trend changes direction. Equal Highs: Level where the price has reached the same high multiple times near 107.500. Indicators RSI (Relative Strength Index): Levels around 63.82, 57.11, and 40.00 indicating overbought and oversold conditions. MACD (Moving Average Convergence Divergence): Signal lines and histogram showing bullish or bearish momentum. Buy Strategy Entry Point: Look for a bullish reversal pattern near the Fibonacci retracement levels (0.5 or 0.618) around 106.662 or 106.489. Confirmation of a higher low or a bullish candlestick pattern (e.g., hammer, engulfing) near these levels. Stop Loss: Place a stop loss below the recent swing low or below the 0.786 Fibonacci level (106.270). Take Profit: Initial target at the resistance level around 107.500. Further targets can be set at the higher resistance bands around 108.000. Sell Strategy Entry Point: Look for a bearish reversal pattern near the resistance level around 107.500. Confirmation of a lower high or a bearish candlestick pattern (e.g., shooting star, bearish engulfing) near these levels. Stop Loss: Place a stop loss above the recent swing high or above the resistance band around 107.800. Take Profit: Initial target at the support level around 106.000. Further targets can be set at the lower support levels around 105.500 or 104.000. By using these price action techniques, you can identify potential buy and sell opportunities based on key support and resistance levels, trend analysis, and indicator confirmation. Remember to practice good risk management and stay updated with market conditions. Happy trading! 📈📉 Follow @Alexgoldhunter for more strategic ideas and minds
TVC:DXY
by Alexgoldhunter
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 0.64170 to 0.64210, respectively, is highlighted. Things I Have Seen👀: Important Supply Zone🟢: Identified between 0.64170 and 0.64210 serving as a low-risk sell. Bearish Targets📉: 0.63980 : Possible retracement area. 0.63850 : Possible retracement area. 0.63800 : Possible retracement area. 0.63600: Possible retracement area. 0.63650 : Significant supply zone. 0.63500 : Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Short
by T4X_Trading
VELO1USDT Long Idea - Fib Extension ContinuationHere is a simple long idea for the VELO1USDT token. The fib retracement tool has been drawn on the original push, and we can see that the first fib extension take profit target was hit prior to a period of BTC price instability which generated the price action shown in the red box. Now that BTC has stabilised, price momentum has once again picked up, and there is a potential for a breakout trade to aim for the second fib extension target (indicated by the red arrow). A tight stop here to account for any Monday morning BTC price swings, and we could see an ~8:1 trade play out.
Long
by DoryFish
XAUUSD Friday Trading PlanFollowing the massive sell-off during the three session on Thursday, the market has shifted from a steady uptrend into a sharp bearish structure. The recent price action broke below key support levels, creating potential for a bearish continuation but also signalling possible accumulation near current lows. The chart structure appears to show elements of a Wyckoff schematic: Preliminary Support (PS): Buyers began stepping in as the initial drop slowed, likely absorbing sell orders. Selling Climax (SC): A large impulse to the downside marked the lowest point of intense selling, followed by a relief rally. Automatic Rally (AR): A quick upside reaction, suggesting that demand re-entered the market. Secondary Test (ST): Price retested near the SC level, confirming it as a key area of interest. Resistance: $2,700: Psychological level and potential midpoint for further bearish movements. Support: $2,680: The current low and possible accumulation area and further down at $2,650 we'll find lower support area. Bearish Case: If price fails to reclaim the $2,700 level and shows signs of distribution (e.g., liquidity sweeps or bearish order blocks near resistance zones), a continuation to the downside could target $2,650 or even lower. Bullish Case: Evidence of accumulation (e.g., higher lows forming or Wyckoff Spring behaviour near $2,680) could signal the start of a recovery rally back toward $2,700 or higher into the $2,725 range. For the Asia Open: Monitor the $2,680 zone for signs of demand accumulation. Look for a Wyckoff Spring setup or a sweep of liquidity followed by a market structure shift (MSS) on M1. TRADE SAFE !!
OANDA:XAUUSD
by Med_In_Trade
ADAUSDT Short Idea / Elliot Wave Principles / Fib AnalysisWhen analysing the market, I noticed this potential Elliot Wave setup on ADAUSDT. For a number of reasons, I suspect that this pairing is forming a good opportunity to achieve a ~5.5 R:R short. The process taken to get to this idea is as follows: Macro view of the support / resistance flip zone on ADA between $1.20 and $1.30. Clean chart showing the interaction with the support / resistance zone. Validation of Wave 1 Rules Validation of Wave 1/2/3 Rules Validation of Wave 4 Rules Validation of Wave 5 Rules Correction Wave and Short Area of Interest
Short
by DoryFish
3
ARB | ALTCOINS | Can ARB see a new ATH?With BTC trading above 100k, it's only a matter of time before liquidity rotates back into alts. This usually happens in a very specific order, with ETH being first, and then other alts by higher market caps, and then random parabolic rallies across the smaller market cap coins - such as Arb. I'm anticipating a new ETH all time high, because there is just no way BTC makes such a significant new ATH and ETH stays behind However, we may need to have some patience for ETH to get to this point. And after that - we can expect everything else to have their share of the limelight. __________________ BINANCE:ARBUSDT
Long
by CryptoCheck-