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Fibonacci

USDCHF Wave Analysis – 18 February 2025 - USDCHF reversed from the support zone - Likely to rise to resistance level 0.9150 USDCHF currency pair recently reversed up from the support zone located between the support level 0.8975 (which stopped wave (2) in January), support trendline from December, lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from December. The price formed the daily Japanese candlesticks reversal pattern Piercing Line near this support zone. Given the strong daily uptrend, USDCHF currency pair can be expected to rise to the next resistance level 0.9150 (which has been reversing the price from January).
Long
by FxProGlobal
EURUSD Wave Analysis – 18 February 2025 - EURUSD reversed from the resistance zone - Likely to fall to support level 1.0400 EURUSD currency pair recently reversed down from the resistance zone located between the resistance level 1.0500 (which has been reversing the price from December), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from November. The price will form the daily Japanese candlesticks reversal pattern Evening Star Doji if the pair closes today near the current levels (strong sell signal for EURUSD). Given the clear daily downtrend, EURUSD currency pair can be expected to fall to the next support level 1.0400.
Short
by FxProGlobal
SPX Long Trade Setup Analysis (3H Timeframe - Vantage)🔹 Current Setup: - 🦈 The Bullish Shark Pattern has completed at D (5912.17), indicating a potential reversal zone. - 📉 Price is currently bouncing off the 1.001 Fibonacci extension level. - 📍 Key Resistance Levels (Take Profit Targets): - 🎯 TP1: Fibonacci 27.2% extension (~6201.66) - 🎯 TP2: Fibonacci 61.8% extension (~6286.52) - 📍 Key Support Levels: - ❗ Critical Stop Zone: 5889.73 (inside the previously broken channel) - 🔻 Deeper Bearish Target: 5782.41 (161.8% Fibonacci extension) 📈 Bullish Scenario (Long Setup) - 🟢 Entry: Above 5945 (current market price) - 🎯 Take Profit 1: 6201 (27.2% Fibonacci extension) - 🎯 Take Profit 2: 6286 (61.8% Fibonacci extension) - 🔴 Stop Loss: Below 5890 (to avoid whipsaws) ✅ Justification: - 🔹 Price has bounced from a strong Fibonacci support level - 🔹 Harmonic pattern suggests a potential bullish reversal - 🔹 TP targets align with Fibonacci extension levels and previous structure resistance 📉 Bearish Scenario (Short Setup) - ❌ Invalidation Level: Below 5880 - 🔻 Downside Targets: - 5820: First support area - 5782: 161.8% Fibonacci extension ✅ Justification: - ❗ If the price breaks below 5890, the harmonic pattern fails, signaling more downside - ❗ 5782 aligns with channel equilibrium, meaning a further drop could happen ⚡ Key Takeaways - 🔹 Bullish bias above 5912, bearish below 5890 - 🔹 A break above 6000 will confirm the uptrend - 🔹 A break below 5880 could lead to 5782 or lower
VANTAGE:SP500Long
by Who-Is-Caerus
#GDWA Egyptian stock #GDWA time frame 1 DAY created a patter flay pattern , also the stock in critical point . Entry level at 4.10 to 4.20 Stop loss 3.90 ( loss may go to up 6% ) First target at 4.85 ( with profit around 15% ) Second target 5.45 ( with profit around 29% ) Third target 5.85 ( with profit 39% ) the positive thing here is MACD created a positive diversion , 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 . In addition EGX70 is in critical point 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:GDWALong
by tfcgeorge
Bitcoin (BTC/USD) - 1H Analysis & Prediction📈 Bitcoin (BTC/USD) - 1H Analysis & Prediction 🔹 Key Levels & Market Structure: ✅ 90,268 - 93,326: Strong demand zone, potential for a bullish reversal. ✅ 98,366 - 98,367: Resistance level, key reaction area. ✅ 102,472: Major resistance, breakout level for bullish continuation. ✅ 108,098: Next bullish target if price sustains above 102,472. 🚀 Bullish Scenario: 🔹 If price holds above 90,268 - 93,326, a rally towards 98,366 is possible. 🔹 Confirmation at 93,326 could signal a strong long entry. 🔹 A breakout above 102,472 would confirm strong bullish momentum towards 108,098. 💡 Trading Plan: ✅ Wait for confirmation in the 90,268 - 93,326 demand zone before entering long trades. ✅ Watch price action at 98,366 - 98,367 for potential rejections or breakouts. ✅ Break above 102,472 confirms bullish strength and potential continuation to 108,098. #fxforever #BTCUSD #SmartMoney #PriceAction #CryptoTrading #LiquidityHunt #Bitcoin
CRYPTO:BTCUSDLong
by FXFOREVER_87
Trading idea - Entry point > 174/61.80%Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 174/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B 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:QCOM
by fibonacci6180
Trading idea - Entry point > 746/61.80%Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 746/61.80% 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.
NASDAQ:ASML
by fibonacci6180
BTC Monthly Fib Extension and External Range Targets High or LowFib extension drawn from Fib ext A (start month low local low) to Fib ext B (high) to Fib ext C (low of the range). Formation is a decending wedge - obvious rejection 0.382. Only drawn 2 low Naked Daily PoCs (Naked Point of controls). Depicted, looking at a rejection fromm he wedge to loweest NPOC. Looking higher, elevated higher highs that could be putting in with the low nPocs acting as support. The external Fib is based of a Fib extension from the previous consolidation range, Zoom out to see how I got this.
by hmaroudas
AUDUSD Wave Analysis – 17 February 2025 - AUDUSD broke the resistance zone - Likely to rise to resistance level 0.6400 AUDUSD currency pair recently broke the resistance zone between the key resistance level 0.6320 (which stopped the previous minor correction iv) and the 50% Fibonacci correction of the downward impulse from December. The breakout of this resistance zone accelerated the c-wave of the active ABC correction 2. AUDUSD currency pair can be expected to rise to the next resistance level 0.6400 (former strong support from April and August of 2024).
Long
by FxProGlobal