Recovery or Pain?Will this be the infliction point or breaking point? Here we have multiple points of importance. Will this be a bounce or a crash?
Fibonacci
BTC - short if the accelerated trendline breaks and confirms. This has been a very screwy time in markets, lol.
I was stopped out of my first BTC short after at least some profits were taken.
I still think that we are going to face a correction before heading higher, granted that we haven't seen the top of this cycle.
If this accelerated trendline breaks and confirms, enter a short position. That is the safest entry for now at least.
I would target the big picture trendline, which will probably be close to the .50 fib on this particular break-out structure. So, close to 76K.
We may even get a scare-tactic wick down to 68K-70K. That coincides with this structure's .618 pocket.
Anyway, that's it for now for me.
Thank you!
S&P 500 Faces Increased Bearish Pressure as Trade War BeginsThe S&P 500 has formed a downtrend channel following the break below the 5700 support level. Trump's new aggressive tariff policy raised the minimum tariff on China to 54%, while China responded with equally aggressive 34% tariffs. The trade war has now officially begun.
This escalation is clearly negative for the stock market. Recession risks have risen significantly, and it remains uncertain how much the Fed can cut rates while tariff-driven inflationary pressures persist. Rapid rate cuts could help soften the slowdown but may also risk fueling another inflation surge. That would be the more optimistic case for equities. However, the Fed is likely to proceed cautiously, suggesting that bearish pressure could continue for several quarters.
In the short term, the downward trend remains intact. If the S&P 500 breaks the 38.2% Fibonacci retracement level, it may decline further toward the lower boundary of the new trend channel, where a potential bounce could occur. As long as the trend holds, bears remain in control.
Note: Powell is expected to speak today. His remarks carry even more weight following the tariff moves by both the U.S. and China.
Update for Mentorship on Trades and Key Levels $TSLA $SPY $NVDAUpdate for mentorship members on trades we've taken this week, Fib levels, support, divergence, potential tariff exemptions.
“Weak Demand Signals Potential for a Lower Low”Currently, the position of NCF1! or Newcastle Coal is within wave 5 of wave (C) of wave , indicating that Newcastle Coal remains vulnerable to further corrections toward the 86.55–96.15 range, as represented by the black labels.
A similar pattern is observed in the red labels, where Newcastle Coal is also nearing the completion of wave (5) of wave .
We observe continued pressure on coal demand due to weak consumption and oversupply, as many countries are increasingly investing in renewable energy sources amid slower global economic growth.
Market Moves as Expected—Caution for a Potential ReversalDXY Update : The movement remains in line with my expectations, with the ongoing correction being held by the Fibonacci cluster. At this stage, DXY still has the potential to strengthen, testing the 102.791–103.150 area to form wave iv of wave (v).
However, caution is advised for a potential reversal toward the 100.462–100.946.
DXY ready for leg downDXY is entering the time window for reversal down based on Feigenbaum fib time of the last swing. Price is currently also in the golden pocket of retracement of the last big swing down. Expecting price to move downwards within a couple of days, at least towards 103.
Nifty 50 - Potential Reversal or Further Weakness?The Nifty 50 index has formed a potential inverse head and shoulders pattern on the daily timeframe, which generally indicates a bullish reversal. However, there are key levels to watch before confirming the next move.
Key Observations:
Support Levels:
The 50% Fibonacci retracement level at 22,937 is a crucial support.
The 61.8% Fibonacci retracement level at 22,717 is another key demand zone.
A break below these levels may invalidate the bullish setup and push Nifty towards 22,400 or lower.
Resistance Levels:
Immediate resistance is near 23,157 (38.2% Fib level).
A strong breakout above 23,430 (23.6% Fib) could open the door for a retest of 23,870 and beyond.
Volume & Confirmation:
Increasing volume at the lows suggests strong buyer interest.
A confirmed breakout with volume above 23,200-23,400 will strengthen the bullish case.
Trading Plan:
Bullish Scenario: If Nifty holds above 22,717, we may see an upward move towards 23,400+.
Bearish Scenario: A break below 22,700 could accelerate selling pressure, with 22,400-22,000 as the next support zones.
NQ Power Range Report with FIB Ext - 4/4/2025 SessionCME_MINI:NQM2025
- PR High: 18698.00
- PR Low: 18588.25
- NZ Spread: 245.25
Key scheduled economic events:
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
11:25 | Fed Chair Powell Speaks
AMP margins remains increased but lowered to 25%
- Value decline continues, dipping into 18400s inventory
- Auction holding just below previous session low
Session Open Stats (As of 12:55 AM 4/4)
- Session Open ATR: 482.31
- Volume: 48K
- Open Int: 261K
- Trend Grade: Bear
- From BA ATH: -18.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18106
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
Fib at buyI like how the fib is at fair price. Where fundamentals show so much increase in free cash flow this quarter. Company is growing smart and lessening their expenses.
Excited for the dividends.
More downside for BK?My overall thesis is we are in the very early stages of a multi-year decline ultimately with the S&P 500 below 3500. I am estimating this symbol to be in wave position SuperCycle 2, Cycle A, Primary 1, Intermediate 5 and around the end of Minor wave 3.
The overall target bottom for Intermediate wave 5 and simultaneously Primary wave 1 is below Intermediate wave 3's low of 79.2315 from 12 March 2025. A movement extension to target is 78.00738 (114.59%) or 77.3584 (123.607%) and is depicted by the far right levels and percentages. Intermediate wave 3 was 31 trading hours long. The application of Fibonacci percentages to 31 trading hours is displayed by the vertical lines. The green vertical line represents the start of wave 5. The solid yellow line is 31 bars (100% of wave 3's trading hours). 161% and 261% are the light blue dotted lines thereafter. The current target bottom is around midday on 10 April.
If we are currently in Minor wave 3 of Intermediate wave 5, the target bottoms are 80.2234 (114.59%) or 79.5333 (138.197%) and depicted by the middle levels and percentages. The hourly chart is currently in the middle of signaling wave 3 which likely means we are looking to finish Minor wave 3 with today's close or within the first hour of trading tomorrow. As of the open tomorrow Minor wave 3 would only be 13 hours long which is shorter than wave 1. This likely means Minor wave 5 will be 13 hours or less whenever it begins.
I will begin more specific calculations on Primary wave 2's top once we finished Primary wave 1 likely next week. The very preliminary estimate if Primary wave 1 ends around 11:30 on 10 April would have seen Primary wave 1 last 198 trading hours and drop nearly 13.00 points. Primary wave 2 could top around 85.38 around 7 May.
EUR50 Wave Analysis – 3 April 2025
- EUR50 index broke support zone
- Likely to fall to support level 5000.00
EUR50 index recently broke the support zone between the support level 5130.00 (which stopped waves 4 and iv at the end of Jan airy), intersecting with 50% Fibonacci correction of the extended upward impulse (3) from November.
The breakout of this support zone should accelerated the C-wave of the active ABC correction (4) from February.
EUR50 index can be expected to fall to the next round support level 5000.00 (target price for the completion of the active C-wave).
QUICK Ready for a Major Breakout!#QUICK is in a strong uptrend and currently testing the 0.618 Fibonacci retracement level—a golden buying zone!
Technical Outlook:
🔹 Price is consolidating at the key support level of 0.618 FIB—historically a strong reversal zone.
🔹 A breakout above 0.02830 (previous high) could lead to new higher highs!
🔹 High probability of a bullish continuation if momentum holds.
Trading Plan:
🔹 Entry: Current Market Price (0.02570 - 0.02490)
🔹 Target 1: 0.02830
🔹 Target 2: New highs after breakout
🔹 Stop-Loss: 0.02570 - 0.02490
What’s your take on #QUICK? Will it break 0.02830 and fly higher?
Drop your thoughts in the comments!
LIKE & FOLLOW for more high-probability trade setups!
#QUICK #CryptoTrading #Fibonacci #Breakout #Bullish #CryptoAnalysis #TradingView
Trade Update for Mentorship Members $NVDA $TSLA $SPY $TSLLCaution around possible bear trap/liquidity sweep. Discussing support & resistance/Fib levels to watch. Discussing trade exits, and gameplan for trading today.
DXY going downDXY is ready for a leg down, after bear div and topping within projected time on Daily. On 4H it's building up to a nice #SBS shape, where we can expect a move down. 4H time projection says downwards into start of, or mid, February.
XAUUSD - top in?Gold followed Feigenbaum projections nicely with a retracement down to fib -0.6714 before extending higher into blue target zone between fib 3.5699 and 4.6692. Should turn down from here
Expect EURUSD two way price action now! Intraday Update: The EURUSD has hit the 1.1100 level, going as high as 1.1146 and surpassing the long term trend line of 18yrs near 1.6000. This is a big resistance, expect two way price action around these levels.
Gold (XAU/USD) Price Action Update📊 Gold (XAU/USD) Price Action Update 🎯
🔹 Current Price: 3,130.15
🔹 Timeframe: 1H
📌 Key Support Levels (Demand Zones):
🟢 3100-3107 – First Support (Waiting for Confirmation)
🟢 3066-3073 – Second Support
🟢 3048-3050 – Third Support
📈 Bullish Scenario:
If price holds above 3100, we might see a push towards 3150+ and beyond.
A breakout above 3155 could confirm a strong bullish continuation.
📉 Bearish Scenario:
If price breaks below 3100, the next support zones at 3066-3073 will be key reaction areas.
A break below 3066 could signal a deeper retracement towards 3048-3050.
⚡ Trading Tip:
✅ Look for confirmations before entering buy/sell trades.
✅ Watch for bullish rejection at demand zones for long positions.
✅ Sell near resistance with bearish confirmation.
#Gold #XAUUSD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals #GoldTrading #GoldBulls #GoldBears
NIFTY IT: Is the Bounce Back on the Horizon?📈 NIFTY IT: Is the Bounce Back on the Horizon? 🚀
Current Market Price (CMP): 37,434
Stop Loss (SL): 35,700
Target 1: 38,733
Target 2: 40,527
📊 Market Overview:
After a ~23% correction from its peak, the NIFTY IT index is showing signs of stabilization. The index has formed a small base on the daily chart and today breached a minor resistance, suggesting potential for a short-term upside.
💡 Key Insight:
With April’s quarterly results on the horizon, the IT sector may experience increased trading activity, presenting short-term opportunities.
⚠️ Caution:
The market remains volatile—smart position sizing and strict risk management are crucial for navigating current conditions.
📌 Disclaimer: Not a SEBI-registered advisor. Always conduct your own research before making any investment decisions.
#NIFTYIT #StockMarket #TechnicalAnalysis #TradingOpportunity #MarketUpdate #InvestSmart
BITCOIN Stock Chart Fibonacci Analysis 040225Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 84,700/61.80%
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: 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.
FTM/USD 1D ChartHello everyone, let's look at the 1D FTM to USD chart, in this situation we can see how the price is moving in a descending triangle where we are approaching the moment of trying to choose the direction in which the price can go further.
Let's start by defining the targets for the near future that the price has to face:
T1 = 0.66 USD
T2 = 0.81 USD
Т3 = 0.93 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 0.44 USD
SL2 = 0.31 USD
SL3 = 0.21 USD
If we look at the MACD indicator we can see a return to a local downtrend, however we are still in a place where the trend can reverse and surprise us with growth.
