XME eyes on $57.40: Golden Genesis a MAJOR barrier already felt XME recovering nicely from the tariff tantrum.
$57.40 is the exact level of the Golden Genesis.
High Energy object whose heat is clearly noticed.
It is PROBABLE that we orbit this object a few times.
It is POSSIBLE that it rejects to the retest fibs below.
It is PLAUSIBLE that bulls could blow thru it this time.
Fibonacci
HSBC eyes on $53.xx: Key Resistance to recovery of UpTrendHSBC looking quite strong compared to other banks.
Just poked through a key Resistance at $53.01-53.40
Strong break should retest highs above at $58.11-58.65
.
Previous Analysis that caught a long PERFECTLY
=================================================
SMH watch $212.82 above 209.43 below: Proven zone to form Trend SMH showing the recovery process of the chip sector.
Now testing a well proven zone defined by major fibs.
Golden Genesis fib at $209.43 and Covid fib at $212.82.
Look for a Break-and-Retest a Rejection.
If rejected, look for support at $191.23/85
===================================================
.
ACN watch $315: Resistance may reject to 280, or break to 340?ACN bounced into a significant resistance around $315
Look for a break and retest which would target $340.
Rejection could drop it to Double Golden fibs at $280.
$ 314.05 - 316.37 is the immediate resistance.
$ 277.51 - 280.31 is the best guess target below.
$ 334.93 - 340.33 would be first target for bounce.
===============================================
Chart spoke. We listened. See how price respected every level!"Great when BOS + supply/demand lines hit perfectly.
Most traders chased the bounce.
We waited in the shadows — right at the selling zone.
Wave 4? Textbook correction.
Wave 5? That’s where the money’s made.
Elliott Wave isn’t just theory — it’s a weapon.
Break of structure? Marked.
Zone tested? Clean.
Rejection? Savage.
This is how professionals trade — not with hope, but with precision.
DXY: playing checkers while we play chess.”**
Nifty Analysis EOD – May 19, 2025 – Monday🟢 Nifty Analysis EOD – May 19, 2025 – Monday 🔴
Silence Before the Storm? A “Double Distribution” Kind of Day
📈 Nifty Summary
Another quiet yet deceptive start to the week as Nifty opened flat-to-negative (-14 points) but quickly formed a 92-point wide 5-minute candle at the open. That set the tone for the entire day—a tight, trapped market trading within this early range until post-2 PM.
Things got interesting later, as Nifty breached its IB Low, Previous Day Low (PDL), and closed decisively below key support zones, finally taking support near 24,920 (day’s low: 24,916.65).
The structure fits the classic textbook term—a “Double Distribution Day”, where the index transitions into a new value area in the second half. Option writers erased premiums on both sides, frustrating breakout traders and intraday scalpers alike.
25Min Time Frame Chart:
Daily Time Frame Chart:
🕯 Daily Candle Breakdown
Candle Type: Bearish with late-session breakdown
Day Type: 📘 Double Distribution Day
Key Breakdown Levels: IB Low, CDL, PDL
Support Held: 24,920 zone
🕵️♂️ Observation of the Day
Is this just a pause… or the calm before a storm?
Though there's no strong reversal signal yet, subtle clues emerge:
🔎 On the 25-minute chart, the 13:25 candle was the first to close below the 24,980–25,000 support zone.
📉 Post-PDL breakdown, the retracement attempt was shallow, and price remained under S1 and PDL levels, which hints at weak buying interest.
📊 Bias Going Forward
No reversal yet. Trend watchers should stay patient.
But given price action and weak retracements, the bias tilts toward a deeper retracement, possibly toward the 24,800 zone in the next session. Until strong bullish follow-through is seen, expect continued corrective movement.
5 Min Time Frame Chart:
🛡 Gladiator Strategy Update
Strategy Parameters
ATR: 330.48
IB Range: 92.9 → 🟠 Small IB
Market Structure: ⚖️ Balanced
Trade Highlights
⏰ 1st Short Trigger: 14:00
❌ Trade Timed Out → Loss Booked
📊 Total Trades: 1
📍 Support & Resistance Levels
🟩 Resistance Zones:
24,980 ~ 25,000
25,062 ~ 25,070
25,116 ~ 25,128
25,180 ~ 25,212
25,285
25,399
25,485 ~ 25,511
🟥 Support Zones:
24,920
24,882
24,800 ~ 24,768
24,660
24,590
24,530 ~ 24,480
🔮 What’s Next?
No storm yet, but the structure is weakening quietly. Until the bulls reclaim 25,000 decisively, the short-term path of least resistance appears lower.
A move below 24,882 could accelerate downside momentum. All eyes on 24,800 next.
🧠 Final Thoughts
Markets aren’t always noisy when they turn. Watch the subtle signs. For now, retracement bias stays—but don’t front-run reversals.
“Strong trends may pause quietly. It’s the silence that often precedes the sharpest moves.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD).
We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now.
🌀 According to the wave count:
Wave (3) topped out near $3,500
Wave (4) retraced sharply into the channel base
We are now potentially at the launch point for Wave (5) — the final impulse leg
💹 Wave (5) Projection:
Targeting the upper channel boundary, which aligns closely with $3,740–$3,750
This area also completes the measured move and matches key structural confluence
📈 Technical Confluence Supporting the Bullish Bias:
RSI bounced cleanly from oversold territory
Bullish EMA crossover (20/50) is happening right near the bounce zone
We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls
📍 Key Levels to Watch:
$3,149: minor pullback area / possible retest
$3,283: Fib 23.6% resistance — needs to be cleared for confirmation
$3,500: Major resistance & previous high — breakout zone
$3,747: Wave 5 target
⚠️ Invalidation Zone:
If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure.
📌 Conclusion:
I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs.
Drop your thoughts below — are you long on Gold? Let’s talk setups 👇
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
GBP/USD | Wave 5 Loading?Hey traders 👋,
We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story:
⚙️ Technical Breakdown:
✅ Elliott Wave Structure:
Wave (4) seems complete following a controlled retracement. If this count holds, Wave (5) should extend us toward 1.34400+ and possibly 1.36300, aligning with fib extensions and previous impulse behavior.
📏 Fib Retracement:
Wave (4) respected the 0.618–0.705 zone perfectly (1.32235–1.32047), a classic launchpad in bullish cycles. Buyers showed strong interest here—textbook bounce material.
📊 EMA Stack (20, 100, 200):
Price is holding above the 100 and 200 EMAs, with the 20 EMA curling upward. If we get a clean cross and hold, that’s further confirmation of bullish continuation.
📉 RSI:
Sitting around 53, giving us enough room to run without immediate overbought pressure. RSI holding above 50 typically aligns with bullish continuation patterns.
🚨 Levels to Watch:
🔑 Entry zone: 1.32200–1.32400 (golden pocket pullback)
🎯 Target zone: 1.34400 ➜ 1.36300 (Fib + Wave 5)
❌ Invalidation: Clean break below 1.31770
🧠 Final Thoughts:
Structure is clean. Momentum is building. Fundamentals aside, this chart is screaming setup potential.
📢 What’s your take on this setup?
Drop your thoughts 👇 and don’t forget to like if you’re bullish too 🟢
@WrightWayInvestments
@WrightWayInvestments
@WrightWayInvestments
US 500 Index – Upside Rally Facing A Ratings ChallengeThe US 500 index recorded a 2-month high of 5958 on Friday before settling back to close the week at 5922, an incredible 24% rally from the index's tariff induced lows at 4799 seen on April 7th. Impressive indeed.
However, late on Friday evening the ratings agency Moody’s downgraded US government debt from its top credit rating of Aa1 to Aaa, citing a ballooning budget deficit and no clear plan to narrow this in the future.
This Moody’s decision generated some weekend headlines in the financial press around the sustainability of President Trump’s plans for unfunded tax cuts as the US economy slows due to his recent trade tariff announcements. This even led to a comment on the downgrade from the much-respected US Treasury Scott Bessant, who played down concerns over the US government debt and attempted to reassure investors the Trump administration is determined to bring down spending and grow the economy.
Early Monday Trading:
Given the extent of the recent upside rally to just short of the physiological 6000 level, perhaps unsurprisingly, early Monday trading possibly suggests traders are reacting with caution to this news, with the US 500 trading down 0.6% at 5888, at time of writing. However, there is a long trading week ahead and it will be important to see how markets respond once US traders are back at their desks.
Technical Update: Looking For Potential Support and Resistance Levels This Week
As seen on the chart below, the move in the US 500 index from the April 7th low at 4799 into last Friday’s latest recovery high at 5958 completed a rally of 24%, as recent concerns over global trade eased.
However, Friday’s downgrade of US debt may prompt some traders to question the sustainability of the current advance, even concluding it is something that could lead to the potential for fresh price weakness.
With that in mind, let’s look at possible technical levels in the US 500 that can be monitored this week to gauge the next potential directional price risks
Potential Support Levels:
The first possible support level to focus on if a more extended phase of price weakness is seen, may be the 38.2% Fibonacci retracement of May price strength which stands at 5813.
While by no means a guarantee of continued declines, if closing breaks of 5813 are seen, a more extended price correction may then be on the cards, which could suggest tests of the 61.8% Fibonacci retracement, which stands at 5722, or even 5575, equal to the May 7th session low, are possible.
Potential Resistance Levels:
Previous price highs can be viewed by traders as possible resistance levels, as having previously marked a point where selling pressure has been found, it may be the case again.
As such, with the latest price strength trading close to 5988/6007, which is an area where sellers were previously found between February 26th 2025 and March 3rd 2025, this may now be a resistance focus for some.
However, closing breaks of this 5988/6007 price range may lead to attempts at further strength, with the next resistance perhaps then marked by 6144, which is the February 19th 2025 all-time high.
The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients.
Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
EURUSD outlook 19 - 23 MayPrice reached the area of interest I marked out a couple weeks back and is currently showing a very good reaction. I do not have any sort of entry as of yet as I am waiting for a 2 Hour internal shift. Once I see that shift I will wait for a pullback and then entry into a long trade targeting the high.
All the best and have a good week
Bitcoin BTC price analysis - be careful📉 The cryptocurrency market is forming an "order" for "Red Monday".
On the OKX:BTCUSDT chart, the "Triple Top" pattern is probably nearing completion - its recognizable feature is the more lower central top and the right “powerful shake out” (for more details, if you are interested, you can read Encyclopedia of chart patterns/Thomas Bulkowski)
🆗 So, the minimum target for this pattern is $96100 per CRYPTOCAP:BTC
❗️ Confirmation of the "Triple Top" pattern development - after the base breakout and the inability to consolidate higher on the retest.
💰 Globally, we wrote our thoughts on the possible price of #Bitcoin in May/June a week earlier 👇
Also, to make trading decisions and determine which direction to trade, you need to analyze the situation on the charts:
1️⃣ BTC.D 👇
and
2️⃣ USDT.D 👇
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Gold (XAU/USD) – 1H Analysis1. Market Structure & Bear Trap
Gold recently trapped sellers by briefly breaking below a key support (previous supply zone turned support).
This move acted as a fakeout, luring in short positions before price dropped into its true bullish reaccumulation zone (BULL OTE).
Such manipulation is typical at the end of retracements, the market seeks liquidity before resuming the main trend.
📈 2. Bullish Momentum Resumes
Since tapping into the BULL OTE, price has shown a structured bullish recovery :
Re-entry into the previous range
Creation and internal mitigation of multiple Fair Value Gaps (FVGs)
Clean, controlled pullbacks during the climb
This suggests a healthy and organized bullish structure, rather than a random bounce.
🎯 3. Short-Term Targets
Revisit the $3,280-$3,300 area (previous liquidity left untapped)
If broken with volume, Gold could push toward $3,350+ and potentially retest highs
✅ Conclusion
Gold appears to have executed a classic stop-hunt below support, only to reclaim structure and resume its uptrend.
As long as price holds above $3,180 and continues forming internal bullish structure, the bias remains bullish with high probability of continuation toward previous highs.
🟦 This is a textbook example of engineered liquidity grab followed by expansion.
GBPJPY Signal : 1H / 4H Beautiful buy !!!Hello Traders! 👋
What are your thoughts on GBPJPY ?
Symbol : GBPJPY H1
Market price : 193.20
BUY limit : 192.40 - 192.00
Tp1 :193.40
Tp2 : 194.60
Tp3 : 196.40
Tp4 : 199.60
Sl : 190.80
Don’t forget to like and share your thoughts in the comments! ❤️
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
NQ Power Range Report with FIB Ext - 5/19/2025 SessionCME_MINI:NQM2025
- PR High: 21374.75
- PR Low: 21283.75
- NZ Spread: 203.25
No key scheduled economic events
Beginning anticipated rotation, holding at Thursday's lows
- Daily gap remains below 20400 ahead of Keltner average cloud
Session Open Stats (As of 12:25 AM 5/19)
- Session Open ATR: 490.62
- Volume: 54K
- Open Int: 283K
- Trend Grade: Neutral
- From BA ATH: -6.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
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
EURJPY - Wave 5 Final Push? Time to Watch for Reversal🌀 EURJPY - Wave 5 Final Push? Time to Watch for Reversal 🚨 (Elliott Wave + AO Divergence + Fib Confluence)
📆 Date: May 19, 2025
📊 Pair: EUR/JPY
⏱️ Timeframe: 1H
🔍 Tools: Elliott Wave, Fibonacci Extension, Awesome Oscillator (AO)
🧠 Technical Breakdown
We are currently tracking a textbook Elliott Wave impulsive decline, with price forming a clean 5-wave structure to the downside. The pair now seems to be completing Wave (5) — and several strong signals suggest that a bullish reversal might be imminent.
🔢 Elliott Wave Count
✅ Wave (1) to (4) are already completed.
🔻 Wave (5) has broken below the 2.618 fib extension — which confirms an extended fifth wave.
📉 Current downside target zone lies between the 4.236 – 4.786 extensions:
4.236: ~161.796
4.786: ~161.275
This blue box zone (161.80 – 161.27) is now a high-probability completion area for Wave (5).
📈 Awesome Oscillator (AO) – Bullish Divergence Detected
AO shows a clear bullish divergence between Waves (3) and (5).
Momentum is fading on the bearish side while price makes a new low — classic signal of potential trend reversal.
🎯 Trade Plan: Wait for Confirmation
We’re not jumping in yet — but we’re close.
✅ What to Watch For:
Let price reach the 4.236–4.786 fib zone (at minimum 161.796).
Wait for a Break of Structure (BoS) — a clear break above a recent lower high (likely Wave 4).
On the retest or pullback, look for long entry setups such as:
Bullish engulfing candles
Pin bar rejection
MACD/AO flip
Trendline breakout retest
🎯 Targets
TP1: 162.80 – 163.50 (previous Wave 4 zone)
TP2: 50% – 61.8% retracement of Wave (5)
TP3: 164.40 – 165.20 (supply zone and structure confluence)
🛑 Stop Loss Idea
Place SL below the 4.786 extension (~161.27) or beneath the new low formed, depending on your entry type (aggressive vs conservative).
⚡ Summary
This setup brings multiple confluences together:
✅ Elliott Wave (5-wave completion)
✅ Fibonacci extension target zone
✅ AO bullish divergence
✅ Waiting for structure break for smart entry
💬 Let’s Talk
Are you watching this setup too? Drop a 👍 or your analysis below — let’s grow together!
✅ Follow me for more clean setups using Elliott Wave, Divergence, and Price Action.
🔔 Hit the alert — EURJPY is cooking something!
#EURJPY #ElliottWave #Forex #AO #BullishDivergence #FibExtension #PriceAction #WaveAnalysis #TradingSetup #ForexSignals
APTOS Stock Chart Fibonacci Analysis 051825Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 5.1/61.80%
Chart time frame: C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
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.