Get started

Fibonacci

GOLD → Bullish flat (consolidation). News aheadFX:XAUUSD corrects to 2713, confirming strong support. We talked to you about the risks yesterday. Bulls have been actively buying the metal since the start of the Asian session, hinting at strong support... Further gains in gold remain dependent on the upcoming PMI and jobless claims data. Traders are awaiting information on the state of the global economy, which will influence the short- to medium-term strategy against the dollar and gold... Market nervousness ahead of key reports in the US and the presidential election will also play a role. Any potential decline in the gold price is likely to be contained for several reasons: the BRICS summit, the US elections, the ongoing Middle East conflict. In this case, gold acts as a safe haven. Resistance levels: 2748, 2758, 2775 Support levels: 2729, 2713 ATH may be tested in the near future. Further news and high volatility, high risks may provoke profit-taking, which may bring gold back to support. And after correction the growth may resume due to strong enough interest from buyers.... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDLong
by RLinda
6
EURUSD Potential Buy?Time Frame: - H4: FVG Identification - H1 Entry Signal 1. Trend Confirmation: Identified a Break of Structure by the break of the previous resistance at 1.0807 area, indicating a reversal in market sentiment. 2. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.0806 - 1.0810. 3. Waiting for entry signal after price touches FVG. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Long
by Phoenix-Rise-Trade
4
Sell ​​gold again in the 2740-2750 areaBros, yesterday, gold retreated and once fell below 2710, laying a good foundation for the decline. Although gold has rebounded to around 2740 again, compared with the previous period, the attitude of gold rising is not firm, so relatively speaking, the current gold short position is more attractive. The current rebound of gold may be a trap set to trap more bulls, so I am definitely not willing to go long on gold at present; from the technical structure, gold has signs of building a head and shoulders top in the short term. So in terms of short-term trading, I prefer to short gold. So now we can short gold in batches again in the 2740-2750 area. Bros, are you optimistic about shorting gold?
OANDA:XAUUSDShort
by Trading-Hawkeye
1
TOBA Potential Buy1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 312 & 500, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart & Daily Chart, identified Fair Value Gap between 470 - 496. 3. Trade Execution Entry Price: TBA if price entered FVG SL: 460-474 (below Daily & Weekly FVG) TP1: 1050-1070 (Fibo 161.8%) Risk-Reward Ratio (RRR): 1:8 Monitoring: Check-in daily closing price 4. Outcome: Exit Price: Profit/Loss: pips ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
IDX:TOBALong
by Phoenix-Rise-Trade
The Procter & Gamble Company (P&G) | Chart & Forecast SummaryRight Here You Can See The Procter & Gamble Company (P&G) With The Symbol "P&G" Registered On The New York Stock Exchange. The Procter & Gamble Company (P&G) Is An American Multinational Consumer Goods Corporation Headquartered In Cincinnati, Ohio The Following Chart & Forecast Summary On The Procter & Gamble Company (P&G) Has been Subject On Key Indicators on A Trade Set Up in General Like A 1. A Push Set Up 2. A Range Set up 3. A Break & Retest Set Up Overall Conclusion | Like The Trade Plan Execution & Risk Management On Demand It Tells Us It Is A Neutral Bias For Now
P
by P-Ment4U
Is MYROUSDT About to Explode? Here’s Why You Can’t Miss !Yello, Paradisers! Are you ready for what could be a massive move in #MYROUSDT? Here's why this setup is flashing some serious potential. 💎#MYROUSDT has been climbing in a consistent uptrend, forming higher highs and higher lows—a strong signal of bullish momentum. Recently, after hitting a higher high, the pair pulled back to the key Fibonacci retracement zone of 0.618-0.66, an area where buyers often step in. And guess what? That’s exactly what happened! A solid reaction followed, pushing the price upward once again. 💎Here’s where things get really interesting. The pair also swept sell-side liquidity, clearing out weak positions and building the foundation for another strong move. The formation of equal lows has further confirmed that liquidity is building up. After this retracement and liquidity grab, there’s now a strong probability we’ll see a Change of Character (ChoCH), which would solidify the higher low formation and launch the pair back toward the resistance zones. 💎The area of Resistance Zone 0.1326-0.1350 lines up with previous highs and could present the first challenge. Major Resistance Zone is spotted at 0.144-0.148 – A break above this level could signal a strong continuation of the uptrend. 💎However, the bullish thesis will be invalidated if we see a close below the key support level of 0.9462. If that happens, be prepared to reassess and wait for another high-probability setup. Stay disciplined, Paradisers! Always wait for confirmation, and remember, consistent profitability comes from patience and playing it smart. We’re in this for the long game, not a quick win. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Jupiter JUP price - the most interesting is yet to come!The last time we were published an idea for #JUP 6 months ago, where we predicted a price drop from $1.30 to $0.67-0.68 and recommended placing pending limit orders there 👇 Those who listened should be happy with their profits now. 🧑‍🚀 But in general, if we analyze the price chart of the #Jupiter token, we can assume that the most interesting things are yet to come, because it seems that the coin has been actively accumulating for the last 4 months. 🔼 So, we can try to take a long OKX:JUPUSDT in the range of $0.81-0.89 with a medium-term growth prospect of at least +120%. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
Cardano updatethe price is overall bullish and last night I shared an update about the previous day and week's highs getting swept. the price will take a while to go and actually reach that zone for possible sales and we can take advantage of this bullish move. the price took external liquidity and currently heading to take the external low as well( E to E sweep). so this a very risky trade due to price can easily run the liquidy and go deeper. but I set a limit after the sweep of the weekly low that has not been yet swept, for a possible bullish momentum toward the upside. targeting 1:2 and stop loss below the previous week's low. this is not a piece of financial advice just my personal opinion. Best of luck traders.
Long
by IEatGreenPaper
NAS100...Ever The Bullish Instrument Part 2Last week we saw a continuation from the previous weeks with the NAS100 consolidating above the 78% line with the HL's forming higher than 2 weeks prior Low of 19740.5. While the market remains in that upward consolidation state, I will still continue to add entries at my largest HL and TP on my HH's The aim is to always keep it simple as I have been doing and taking the easy and more rewarding trend trades (HL's to HH's) instead of trying to trade the sell to a HL...(Which never ends well for me) As of now, I am still out of the markets and waiting for a certified A++ setup to start my weekly buys. Good luck to everyone. I will post periodic updates as time allows, however please remember, I am not a signal service and I always encourage you to take the information I provide and use it to help with the development of your own strategy for success. Have a great week... #auberstrategy #aubersystem #whywewait #zigzagtheory
OANDA:NAS100USDLong
by Auberstrategy
BITCOIN → False Breakout & Bearish Engulfment ↓ BINANCE:BTCUSD entered a strong buying zone (68900) within the rally. BUT, the expected growth did not happen, the bulls could not realize the potential. A bearish engulfment of the last three bars is formed and actually - a false breakdown of the descending resistance... The growth formed from 59K is partly connected with the election race in the USA, economic revival in China, as well as economic news. But apparently, this energy is not yet enough for the price to easily overcome 68-69K with a target of retesting 71-73. The resistance zone of 68.4-69.4 is putting pressure. Buyers are taking profits, while bears, seeing the strong resistance zone, are trying to resist. The structure will break down if the price breaks 69400 At the moment, we see a bearish engulfment forming relative to the previous three bars, and this is a strong enough signal. Consolidation below resistance is forming, a small correction may be formed, the first target of which may be 65K, then 61-58-57. Resistance levels: 68400, 69400, 71500 Support levels: 66500, 65000 After the false breakdown, the price consolidation is formed below the resistance, which indicates the pressure from the sellers. This may provoke further downward correction. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;) Regards R. Linda!
Short
by RLinda
56
USD/CHF Bearish Setup: Technical Analysis & Trade OpportunityPattern Formation: Bearish Bat Harmonic Pattern: The USD/CHF is currently forming a Bearish Bat Harmonic Pattern, which suggests a potential reversal to the downside. The pattern is nearing completion at a key resistance level, providing a strong setup for a bearish entry. Key Resistance and Fibonacci Confluence: The pair has received a significant rejection from a crucial resistance zone, which aligns precisely with the 0.786 Fibonacci retracement level. This confluence strengthens the bearish outlook, indicating that sellers are defending this area effectively. RSI Analysis: Bearish Divergence A clear Bearish Divergence is evident on the 4-hour Relative Strength Index (RSI), further supporting the bearish sentiment. As the price makes higher highs, the RSI is making lower highs, indicating weakening bullish momentum and signaling a potential reversal. Trade Setup: Entry, Stop Loss, and Take Profit Levels Entry Level: 0.86325 Stop Loss: 0.86955 Risk Management: The stop loss is set slightly above the resistance level to protect against false breakouts and unexpected volatility. Take Profit Targets: TP-1: 0.85695 - This level provides a conservative target for traders looking to secure initial profits. TP-2: 0.85065 - A medium target that aligns with further downside potential, giving room for extended profits. TP-3: 0.84435 - A more ambitious target for traders expecting a deeper retracement. Conclusion: The USD/CHF pair presents a compelling bearish setup based on the Bearish Bat Harmonic Pattern, resistance at the 0.786 Fibonacci level, and bearish RSI divergence. Traders should monitor price action near the entry point and follow proper risk management, as outlined in the trade setup.
Short
by trading_jupiter