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Fibonacci

EMS Limited: Water Theme Stock Ready for an Upside Run! 🚀 EMS Limited: Water Theme Stock Ready for an Upside Run! 🚀 Current Market Price: 844 Stop Loss: 790 Target: 950 EMS Limited has moved above the 62% retracement level and completed a small cup and handle breakout, signaling strong bullish momentum. With its focus on the water management theme, this stock holds potential for a significant upside, making it a compelling long-term investment idea. 📈 Why Consider EMS Limited? Key technical breakout above the cup and handle pattern. Strong sectoral theme with long-term growth prospects. Investment opportunity for larger targets in the future. 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #EMSLimited #WaterManagement #InvestmentTheme #TechnicalAnalysis #BreakoutStrategy #StockMarket
NSE:EMSLIMITEDLong
by satyam15
NQ Power Range Report with FIB Ext - 12/9/2024 SessionCME_MINI:NQZ2024 - PR High: 21670.75 - PR Low: 21626.75 - NZ Spread: 98.5 No key scheduled economic events Holding auction in ATHs - QQQ daily gap below 520 Session Open Stats (As of 12:45 AM 12/9) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 263.85 - Volume: 21K - Open Int: 293K - Trend Grade: Bull - From BA ATH: -0.1% (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
AUDUSD speculative BUY as RBA Interest Rate DecisionAUDUSD currently traded in the downtrend movement. As we see in the weekly chart, the downshift movement starts from October as USD move stronger belong to strong economic data followed by investor's optimism of second Trump Presidential era. Tomorrow, 10/12/24 RBA would give us signal about it's interest rate. Consensus is 4,35% and we may anticipate the movement if the actual data shows 4,35%. It may cause the upward shift as technical analyst see the movement already bounced from it's weekly trendline support. The upward correction movement would as high as 0.650xx using Fibbonacci Internal Retracement tools. But, if the data shows us <4,35% it may cause more deep movement for the AUDUSD and we need to review again in further movement. I anticipated the movement and see BUY opportunity in this pair.
Long
by vicariuzchrist
5
DXY seems going HIGHER as STRONG ECONOMIC DATATVC:DXY currently traded higher after strong economic data last Friday. NFP data told us that US labor market remain strong. We also can see at Tuesday Job Opening data which showed us "higher than expected - higher than previous month" and finally drives the price up. At the last speech, Powell also said that FED isn't in a rush condition to reduce the interest rate. All of this information gives more optimism to big player in the market to buy dollar. Technical analysis in the picture tells TVC:DXY failed to make breakout movement below weekly trendline support and seems continue to move to it's last high around 106.75. If this resistance can't hold the price, it will be double bottom chart pattern and could move dollar to it's 22 Nov high around 108.xx So currently i saw buy opportunity for dollar and sell opportunity in the counter currency of dollar.
TVC:DXY
by vicariuzchrist
XAUUSD SELLING ?? FIB REJECTION=PRICE DELFLECTIONIt seems that gold is struggling to break key Fibonacci levels. I think this is partly due to the volatility in the cryptocurrency market. In my opinion, there is a distinct correlation between Bitcoin rising and gold falling. While I don’t believe this trend will be permanent, in an uncertain financial climate, I think investors are still determining their "best bet." My bias is that gold will reject the 0.23 Fibonacci level and end up retesting support. This play could take a few days to set up. ENTRY: 2685 TP1: 2653 TP2: 2618 TP3: 2584 TP4: 2561 SL: 2708
OANDA:XAUUSDShort
by BigRichh
XAUUSD Short SignalAnalysis: Why XAUUSD is bearish 1. fair value gap incl. deep golden pocket (FVG): The price has reached a fair value gap (FVG) incl. the cosequent encroachment and the deep golden pocket in the 2,717.53 area, which acts as resistance. Such untested liquidity areas are often used by sellers to take short positions. As long as the price remains below this area, selling pressure is likely to persist. 2nd Fibonacci retracement level: The market is below the 50% Fibonacci retracement level (2,664.31), indicating a dominant downtrend. In addition, the area between the Fibonacci levels 0.705 (2,716.04) and 0.79 (2,737.48) is in a resistance zone that has already triggered selling on several occasions. This confirms the weakness of the buyers and the control of the sellers over the market. 3. break of structure (BOS): A break of structure (BOS) is clearly evident. The market has formed both lower highs and lower lows, which is typical of a downtrend. This structural break signals that buyers are no longer able to maintain control and sellers are determining the market movement. 4. consolidation below the FVG: After the sell-off, the price consolidates in a narrow range below the fair value gap. This consolidation shows that the market is gathering energy to execute a further downward impulse. Without a return above the FVG area, the market remains strongly bearish. 5th target area (take profit zone): A potential price target is marked at 2,528.47, which is close to a strong support zone. This area could be defined by previous lows or liquidity zones and serves as a potential target point for sellers. 6. market momentum: The weak retracements to the upside and the structure of the chart indicate clear downward momentum. Buyers are currently showing no strength to initiate a sustained countermovement. Conclusion: XAUUSD is showing a clear bearish bias supported by the break of structure, fair value gap and Fibonacci resistances. As long as the price remains below the 50% retracement and the FVG, a further sell-off towards the support zone at 2,528.47 is to be expected. Traders should favor short setups and monitor potential reversal signals at the lower timeframes.
FOREXCOM:XAUUSDShort
by DavidOakFx
USDCAD Analysis - Bullish - Trade 041. Seasonality The CAD is bullish during the first week of December, while the USD exhibits bearish momentum. This combination suggests a bearish outlook for USDCAD based on seasonality. 2. COT Report The COT report for the CAD suggests a sell. On the other hand, the COT report for the USD suggests a buy, indicating increasing strength for the USD. This could provide upward pressure on USDCAD. 3. Fundamental Analysis LEI The USDCAD LEI is increasing, which signals potential strength for the USD and could favor upward movement in USDCAD. Endogenous Factors The endogenous factors for the USD are increasing, suggesting bullish momentum for the USD, while the CAD's endogenous factors show weakness, further supporting a potential rise in USDCAD. Exogenous Factors Exogenous indicators for USDCAD show a decreasing trend, suggesting some resistance to further bullish momentum, which could limit the upside potential of USDCAD. 4. Technical Analysis USDCAD is forming an ABCD pattern, with the C point retracement at the 0.79 Fibonacci level. Bias The combined analysis suggests a bullish bias for USDCAD Trade Plan Entry: 1.40481 SL: 1.39756 TP: 1.41206
Long
by asadamalik
OM / USDT: constructive actions along support zone The uptrend (both macro and mid-term) looks strong and intact. The price consolidated along the upper zone of mid-term support: 3.35-2.78, while waiting for 21 ema to come closer (the nature of the upward trend from the lows of 2023 to the April peaks of 2024 respected this moving average very well showing the coin's "character"). While I cannot completely rule out a correction to the ascending 21ema in the coming days, until price holds above the local support mentioned above, my next resistance targets are: 6.8-7.36 with a possible run up to 12.70 Wishing you successful and profitable trading and investing decisions and thank you for your attention!
Long
by artemfedorov
Update on ADAhello everybody. tonight we have an update on Cardano and the price base on structure looks very bullish and could potentially go higher. the price broke the recent structure and the green dots indicate our current range I also marked the liquidity above the demand zone and as soon as the price comes to the demand we will look at the price in the lower time frame and look for confirmation and if we saw one we can set an order and target the high of the range and catch a pretty good RR. for now, we have to analyze the behavior of the price and see if it reaches our demand zone or not and be patient. I will keep you updated. tnx for reading <3
Long
by IEatGreenPaper
Profitable Silver Trading PlanAlexGoldHunter TVC:SILVER Technical Analysis and Strategies for Silver (XAG/USD) Chart Analysis Price Levels and Patterns: Current Price: $30.9640 Resistance Levels: $31.0775 $31.0313 $31.0219 Support Levels: $30.9851 $30.9105 $30.8500 Technical Indicators: RSI (Relative Strength Index): 45.38, indicating neutral to slightly bearish momentum. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line with negative histogram values, indicating bearish momentum. Buy Strategy with Confirmations Entry Point: Consider buying when the price breaks above the resistance level at $31.0313 with strong volume. Confirmations: RSI: Should be above 50, indicating bullish momentum. MACD: Look for the MACD line to cross above the signal line, confirming a bullish trend. Volume Confirmation: Ensure there is an increase in volume during the breakout, indicating strong buying interest. Stop Loss: Place a stop loss below the support level at $30.8500 to manage risk. Take Profit: Target the next resistance level around $31.0775 or higher, depending on risk appetite. Sell Strategy with Confirmations Entry Point: Consider selling when the price breaks below the support level at $30.8500 with strong volume. Confirmations: RSI: Should be below 50, indicating bearish momentum. MACD: Look for the MACD line to cross below the signal line, confirming a bearish trend. Volume Confirmation: Ensure there is an increase in volume during the breakdown, indicating strong selling interest. Stop Loss: Place a stop loss above the resistance level at $31.0313 to manage risk. Take Profit: Target the next support level around $30.9105 or lower, depending on risk appetite. Summary This chart shows a consolidating price action for silver with key resistance and support levels. The RSI and MACD indicators suggest a neutral to bearish momentum. A breakout above $31.0313 or below $30.8500 with corresponding indicator confirmations would provide potential buy or sell signals, respectively.
TVC:SILVER
by Alexgoldhunter
WTI Crude Oil Analysis: Key Levels & TargetsAlexGoldHunter TVC:USOIL Technical Analysis and Strategies for CFDs on WTI Crude Oil (1-Hour Timeframe) Chart Analysis Price Levels and Patterns: Current Price: 67.10 USD Falling Wedge Pattern: A typically bullish reversal pattern where the price is nearing the lower boundary, indicating a potential breakout to the upside. Target Price: 68.56 USD, which aligns with the upper boundary of the wedge and a previous resistance level. Support and Resistance Levels: Support Levels: 67.10 USD (current price level) 67.02 USD 66.77 USD Resistance Levels: 68.56 USD (target) 68.49 USD 68.29 USD Technical Indicators: Volume: Noticeable increase during recent price movements, indicating strong market interest. RSI (Relative Strength Index): Currently at 31.62, in the oversold territory, suggesting a potential buying opportunity. MACD (Moving Average Convergence Divergence): The MACD histogram shows a slight bullish divergence, indicating a potential reversal. Buy Strategy with Confirmations Confirmation of Breakout: Wait for a confirmed breakout above the falling wedge pattern. A close above the upper boundary of the wedge with increased volume would be a strong confirmation. RSI Confirmation: Ensure that the RSI is moving out of the oversold territory (above 30). MACD Confirmation: Look for a bullish crossover in the MACD indicator. Entry Point: Enter a long position once the price closes above the wedge with the above confirmations. Stop Loss: Place a stop loss below the recent swing low or the lower boundary of the wedge. Target: Set the target at 68.56 USD, as indicated on the chart. Sell Strategy with Confirmations Failure to Breakout: If the price fails to break out above the wedge and instead breaks below the lower boundary, consider entering a short position. RSI Confirmation: Ensure that the RSI is moving towards the oversold territory (below 30). MACD Confirmation: Look for a bearish crossover in the MACD indicator. Entry Point: Enter a short position once the price closes below the wedge with the above confirmations. Stop Loss: Place a stop loss above the recent swing high or the upper boundary of the wedge. Target: Set the target at the next support level, around 67.02 USD or lower. By following these strategies and confirmations, traders can make informed decisions based on the technical analysis presented in the chart. If you need further assistance or have any other requests, just let me know! 😊
TVC:USOIL
by Alexgoldhunter
COIN Price Analysis: Key Levels and Targets --If the price remains above $324.71 on a weekly basis, the first target is $355.55. A breakout above $355.55 would open the path toward the next target at $385. --Should COIN close 5% above $385 and hold that level, the price could potentially reach higher levels, with price range and Fibonacci targets becoming achievable over the longer term. --A close below $324.71 would shift the outlook, with $264 and lower levels as potential downside targets.
NASDAQ:COIN
by truthseeker6
EUR/USD short from 1.05993With the extreme bullish price movement on the dollar and the continual downtrend on the HTF of the Euro we can expect price to continue in its downward move. I can expect to see market open and Asian session consolidation before price pushes up taking the Asian session liquidity and reacting from my LTF zone to continue in its downtrend. This is further supported by the fact we see a large wick to the upside before seeing a strong bearish candle suggesting price strength is to the downside. It is also possible price could push up slightly further as we are beginning to see some HH and HL forming on the LTF signifying a retracement to collect more liquidity before price continues in its downtrend from a 6H supply above.
Short
by JamelCapital
REGN is oversold (the most since 1998)🐂 Trade Idea: Long - REGN 🔥 Account Risk: 20.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 738.00 🐿 DCA: No 😫 Stop-Loss: 660.00 🎯 Take-Profit #1: 1,200.00 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — REGN is completely oversold (in fear of RFK) and so is the rest of the Pharma sector as well. Nevertheless, REGN is still printing money with double digit growth every year. The fear over political decisions in the US should be used to buy the Pharma sector. The last time REGN was that oversold was in 1998! For me, it is Novo and Regeneron. Both are long-term trades for several months. Upside potential is huge over the next 6 months. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NASDAQ:REGNLong
by LGNDRY-Capital
DOGE → Consolidation ahead of rally to ATH $0.7400BINANCE:DOGEUSDT is taking advantage of the hype moment and is consolidating after a strong rally. The trigger for rally continuation is the area of 0.45 - 0.46. The coin has all chances to reach ATH Despite bitcoin speculation, a 10% drop in bitcoin, the main reason for which is profit-taking, doge continues to consolidate and does not react to the market noise. The big player interested continues to buy in the hope of continued growth. Technically, an ascending triangle is forming on the 4-hour chart and consolidation above MA-50, which indicates a rather strong interest from the buyer Resistance levels: 0.45, 0.463, 0.48 Support levels: 0.422, 0.400 Since the price is still inside the pattern, I don't exclude the possibility of retesting MA-50 or one of the key supports before further growth. But the break of the key resistance will be the reason for further rally towards ATH Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGEUSDT ;) Regards R. Linda!
Long
by RLinda
47