Get started

Fibonacci

Fail to Breakout on Schwab. SCHWThere is probably a discernable Jurik RSX divergence on a higher time chart, as there is one VZO on this 12 hourly. And it would make sense. A good spot for entry here, as MIDAS line cross on the background of price action superior cross of vWAP and US lines. More technicality below- there is a cross of zero line on BB %PCT, and both Ehlers Stochastic RSI and VZO with offset are truly bearish. We might bounce at diagonal trendline painted in blue below.
NYSE:SCHWShort
by Rykin_Capital
Pivot on Applied Materials. AMATMy last take on applied materials was dead wrong, but you get that - this is trading. We are still proud to boast around 65% profitable takes overall. This is a good number for retail and institutional trader alike. Brett Connelly boast a stable 54% track record in his book "Alpha Trader." But back to the idea. Head and shoulder neckline break with gap and bearish price action. Technically, a congruent flip on VZO, BB%PCT with crosses of the MIDAS line. More bearish moves likely to follow.
NASDAQ:AMATShort
by Rykin_Capital
ETH about to Moon? Possible?BINANCE:ETHBTC ’s current structure looks eerily similar to pre-pump 2017: ✅ Forming a descending wedge, nearing the end. ✅ Bounced after breaking below Fib 0.236, forming two lows (second lower than first). Historically, when CRYPTOCAP:ETH outperforms CRYPTOCAP:BTC , altseason follows. But does this mean BINANCE:ETHUSDT is about to skyrocket? I don’t know. All I can say is—the possibility is there. 🔥 But here’s the catch… Every chart pattern you see is what market manipulators want you to see. Sometimes, they reinforce a pattern with multiple pumps… Then, just when everyone trusts it, they wreck it with one final serious drop. That’s the classic "bait, trap, slaughter" strategy. So, should you blindly trust chart patterns? No. Should you completely ignore them? Also no. Because let’s be real—most people never believe in a bull run until it’s already happening. Same goes for crashes. 🔥 The real question is: Do you stay out just because nothing is 100% certain? 🔥 If you think crypto is doomed, short it. At the end of the day, your portfolio reflects your beliefs. 🔥 If you think this post sucks, you’re right. I won’t argue—it’s pointless. For me, the market is always right. I’m the only one who can be wrong. That’s why I always set stop losses. So even if altseason never comes , I’ll still have most of my capital ready for the next opportunity. 🔴 Read my signature & publications for more info you don’t want to miss. 🔥  for more future script "guesses" like this!
by Harold_123
RUNE Stock Chart Fibonacci Analysis 021425Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 1.45/61.80% 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: 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.
BINANCE:RUNEUSD
by fibonacci6180
GRAVITY Stock Chart Fibonacci Analysis 021425Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 0.02/61.80% 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: 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.
COINBASE:GUSD
by fibonacci6180
Best Fibonacci Retracement and Extension Levels for Trading In this short article, you will learn the best Fibonacci extension and retracement levels for trading Forex and Gold. I will share with you correct settings for Fibonacci tools and show you how to use & draw Fibonacci's properly on TradingView. Best Fibonacci Retracement Levels First, let's discuss Fibonacci retracement levels. Here are the default settings for Fibonacci retracement tool on TradingView. We will need to modify that a bit. We should keep 0; 0,382; 0,5; 0,618; 0,786; 1 levels 0,382; 0,5; 0,618; 0,786 will be the best retracement levels for Forex & Gold trading. How to Draw Fibonacci Retracement Levels Properly In order to draw fib.retracement levels properly, you should correctly identify a price action leg. You should underline that from its lowest low to its highest high, taking into consideration the wicks of the candlesticks. Fibonacci Retracement of a bullish price action leg will be applied from its low to its high. 1.0 Fibonacci level should lie on the lowest lie, 0 - on the highest high. Fibonacci Retracement of a bearish price action leg will be applied from its high to its low. Best Fibonacci Extension Levels Above, you can find default Fib.extension settings on TradingView. We will need to remove all the retracement levels; 2,618; 3,618; 4,236 and add 1,272; 1,414 levels. 1,272; 1,414; 1,618 will be the best Fibonacci Extension levels for trading Gold and Forex. How to Draw Fibonacci Extension Levels Properly Start with correct identification of a price action leg. Draw the Fib.Extension levels of a bearish price movement from its high to its low . Draw the Fib.Extension levels of a bullish price movement from its low to its high. I apply the fibonacci levels that we discussed for more than 9 years. They proved its efficiency and strength in trading different financial markets. Learn to combine Fibonacci levels with other technical analysis tools to make nice money in trading. ❤️Please, support my work with like, thank you!❤️
FOREXCOM:XAUUSDEducation
by VasilyTrader
2
$Meta and U.S equity Bull Run Almost Finished? Was just having a little fun before bed and brainstorming on the NASDAQ:META chart. Our darling as of late. I love trying to find similarities and patterns between macro swings and cycles. Human psychology and business cycles have a way of repeating themselves pretty often. As they say, history doesn't repeat, but it rhymes. This recent melt up reminds a lot of the price action NASDAQ:META saw in 2021-2022. RSI overbought both times, currently approaching the 2.618 fib when connecting them to major high and low points. Decreasing volume on the moves up. There's a lot of other data to support a bear market may be on the horizon: Weak housing data/stocks (I do see some outlier stocks in the housing sector). The yield curve un-inversion which typically precedes major bear markets 6-12 months after un-inversion. The dollar seems to want to keep going higher. However it has shown a lot of weakness here lately which could help fuel the rest of the bull market. The unwinding of the Japanese Yen carry trade has seemed to play a big factor in U.S equities as of late. Every time the BOJ hikes interest rates, a lot of U.S. equities see pretty sizable bearish volatility shortly after. Being the darling that NASDAQ:META has become, once this trend line breaks it will be a signal that everyone should be taking note of in my opinion. I think the risk of a bear market increases dramatically. Maybe we get a shallow or 2022 style bear market next year and continue to make one last lag into new highs in 2027. Here are some ideas that could support that theory: China seems to be coming out of a depression-style bear market and is beginning to inject liquidity into their economy. This could help give U.S. equities a little more juice to run higher for longer chips could make a major comeback and fuel SPY/QQQ higher for longer. Names like Google, Tesla and Amazon can continue to show strength and we could see a rotation into them. Maybe we get some more significant quantum breakthroughs with the help of AI. These are things to keep in mind, but I think the probabilities of this this bull market we've enjoyed since 2008 is A LOT closer to the end than the beginning. I base most of my sentiment off the 18.6 year real estate/land cycle theory that I have been following since 2022. I also give a lot of credibility to U.S. yield curve un-inversions sending shockwaves through the global economic system. What do you guys and gals think?
NASDAQ:META
by ChazzyFreshh
NZDUSD Wave Analysis – 14 February 2025 - NZDUSD broke the resistance zone - Likely to rise to resistance level 0.5800 NZDUSD currency pair recently broke the resistance zone between the key resistance level 0.5700 (which stopped the earlier waves iv, 2 and ii), the resistance trendline of the daily down channel from November and the 38.2% Fibonacci correction of the downward impulse from December. The breakout of this resistance zone stopped the previous minor impulse wave iii of the higher order impulse wave 1 from last October. NZDUSD currency pair can be expected to rise to the next resistance level 0.5800 (former monthly low from November).
Long
by FxProGlobal