Fibonacci
Lululemon is Getting Sour. LULUThis is not a perfect harmonic, far from it. The AB bounce is quite high, although mostly in wick, and BCD is only 0.786 of XAB fibtime wise. Nonetheless, vWAP cross happened with the bearish engulfing and Ehlers UltraSmoother is resistant with down going gradient. Stoch/RSI and VZO flipped a while back and %PCT has been progressively dropping and will no doubt flip soon with that bearish candle.
GBN/NZD Elliot waves update: Is wave B forming a triangle?GBP/NZD has completed a leading diagonal for Wave A, signaling a potential corrective structure. Wave B appears to be unfolding as a triangle, suggesting a continuation pattern before Wave C develops. Traders should watch for confirmation of the triangle breakout for the next move. Stay prepared for potential trading opportunities #elliotwavesglobal
Expanding Triangle on NuScale Power. SMRIndeed. 0.618 rally correction is followed now by a tenuous recovery. May it be E wave of triangle and technical indicators seem to brOadly support this notion. Bullish crosses in tandem on the VZO and Ehlers Stoch RSI, although the latter is a bit flat. Cross of the top end of the MIDAS envelope with positive gradient on both the US and vWAP lines. Time will tell.
Total Crypto Market Capitalization prediction for 2025 v.2.0☀️ A ray of hope from us and what is drawn on the chart of total capitalization in the crypto market.
But first, re-read the post from 31/12/24 👇
Pay special attention to paragraph 5️⃣
📊 And now let's move on to the same chart - 1.5 months later, in a zoomed-in version.
The minimum was recorded at $2.81 trillion with an estimate/forecast of $2.85t
So, based on the fractal we proposed and built earlier, it turns out:
1️⃣ A “trial” wave of growth is coming soon
2️⃣ Then a short consolidation
3️⃣ In mid-March - the beginning of the alt-season. (Earlier we wrote that it would be a “miracle” if, despite the pessimistic forecasts that the Fed rate will not be reduced in the near future, it will be reduced on March 19)
P.S:
❓ so, do you believe in what the charts are showing?) Do you believe in growth?
⁉️ If so, which “cluster” of altos will set the growth trend, in your opinion?
NQ Power Range Report with FIB Ext - 2/10/2025 SessionCME_MINI:NQH2025
- PR High: 21656.75
- PR Low: 21418.00
- NZ Spread: 534.25
No key scheduled economic events
Economic event break ahead of Powell double header the next 2 days
- QQQ gaps daily gaps filled
- Fading back into Friday's range on directionally volatile week open
Session Open Stats (As of 1:35 AM 2/10)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 407.59
- Volume: 40K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -3.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- 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
Key Levels for EURUSDOn Friday, EURUSD bounced off 1,0400 following the news.
If the price rises again, the levels from the news event will act as important resistance.
A breakout above these levels would confirm further upside movement.
This week, the key news event is on Wednesday, when U.S. inflation data will be released.
There aren't any good trading opportunities at current price levels.
GBP/AUD - 1H Analysis & Prediction📉 GBP/AUD - 1H Analysis & Prediction
🔻 Bearish Bias with Liquidity Grab Expected
Price is consolidating after a Break of Structure (BOS).
FVG zone (1.9866 - 1.9902) aligns with Fib 0.618 - 0.705, indicating a strong supply area.
A retracement into this zone is possible before a continuation downward.
📊 Bearish Scenario:
1️⃣ Price may test 1.9866 - 1.9902 FVG zone before dropping.
2️⃣ A break below 1.97504 confirms the bearish move.
3️⃣ Key target: 1.96644 - 1.96650 (previous liquidity zone).
💡 Trading Plan:
✅ Watch for bearish confirmations near Fib 0.618 - 0.705 for short entries.
✅ A breakdown below 1.97504 strengthens the bearish case.
🚀 Bulls need to reclaim 1.9920 to shift market sentiment.
#FXFOREVER #GBPAUD #ForexTrading #SmartMoney #PriceAction #Fibonacci
GBP/JPY 1H Analysis & Prediction (10/02/2025)📉 GBP/JPY 1H Analysis & Trade Plan
🔻 Bearish Channel in Play
Price is moving within a descending channel, rejecting key Fibonacci levels.
Supply Zone at 189.608 - 190.360 (strong resistance).
Price may test this zone before continuing the bearish move.
📊 Bearish Scenario:
1️⃣ A small pullback to 188.618 - 189.042 (FVG + Fib 0.618 - 0.786).
2️⃣ A drop toward 187.504, followed by further declines.
3️⃣ Next key support levels: 185.929 and 184.428 (final target).
💡 Trading Plan:
✅ Look for rejection at resistance before shorting.
✅ Confirmation: Break of 187.504 = Strong bearish continuation.
🚀 Bulls need to reclaim 190.360 to shift bias.
#FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #Fibonacci
XAU/USD - H1 Analysis & Prediction (10/02/2025) XAU/USD - H1 Analysis & Prediction (10/02/2025)
📉 Gold is currently trading around $2,878, with key demand zones below:
✅ $2,831 - First support level
✅ $2,800 - $2,797 - Major reaction area
✅ $2,781 - $2,770 - Strong liquidity zone
📊 If price retraces, watch for bullish rejections in these zones for potential upward momentum! 🚀
#FXFOREVER #XAUUSD #GoldAnalysis #ForexTrading #SmartMoneyConcepts #PriceAction #LiquidityZones
Bitcoin’s Fake Breakouts—Bears Taking Control!?Bitcoin ( BINANCE:BTCUSDT ) failed to defeat Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point for the umpteenth time and even created a Fake Break .
It also seems that Bitcoin has been unable to break the Resistance lines .
According to the theory of Elliott waves , it seems that Bitcoin has succeeded in completing the corrective wave so that the structure of the main wave C is the Expanding Ending Diagonal .
I expect Bitcoin to break the Support zone($96,520-$95,720) and touch $95,500 this time, I told you about the importance of this price in the previous post .
Note: If Bitcoin can break the Resistance zone($100,520-$97,200) , the 50_SMA(Daily) , and the Monthly Pivot Point , we should expect an increase to Cumulative Short Liquidation Leverage($103,210-$102,454) .
It doesn't seem reasonable for Bitcoin these days to provide a long-term or even mid-term analysis, and we need to stick to a series of resistance and support levels in order to determine the next targets. Do you agree with me?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN → Down to $90,000. Downside risks are risingBINANCE:BTCUSD feels the change of mood and continues to form set-ups hinting at a possible continuation of the correction. Another retest of the 90K risk zone is possible.
On the medium-term timeframe bitcoin failed to hold near ATH, in the upper consolidation range and entered the local selling zone, under the level of 99800. A negative note is felt in the cryptocurrency market, as well as a change in sentiment. Altcoins continue to break through bottom after bottom without any positive prospects. Bitcoin at this time is most likely resentful of the US governing apparatus due to the fact that no promises from Trump have been kept so far, and the price is moving into a protracted correction in the local perspective
Briefly, here's what's going on:
Expectations: Bitcoin reserve, cryptocurrency market support, transparent regulation, pumping the market ...
Reality: new scam coins created before the US election that sucked all liquidity, market manipulation, trade war with almost every country on the planet, dumping the market into the abyss.
Support levels: 95.8 (trigger), 91300, 90K
Resistance levels: 100.2, 102.67
Technically, the situation is that bitcoin may continue its decline and test 90K again, from which the risks around 90K will grow.
At the moment, the price is in consolidation between 95.8 - 100.2. A pre-breakdown consolidation is forming near the support, foreshadowing the support breakdown and further fall to 90K. But, due to the dependence of the asset before the actions of politicians in the U.S., the price may shake out to 100.2 before further falling
Regards R. Linda!
Divergence Trading Explained For Beginners -DAX Pullback TradeTrading divergence in the Forex or Stock market can be an important tool. Learn how to identify divergences & practically apply them to your technical analysis to increase your edge & profits in the financial markets.
In this video you'll learn
What is a bullish and bearish divergence
How to use divergence to spot potential reversals in the market
How to use volume to identify key levels of reversals
How to measure out a "Kill Zone"
What are tweezer tops & tweezer bottoms & why they are important
How to use the Fibonacci retracement tool
How to use the Relative Strength Index (RSI Indicator)
Your Trading Coach - Akil