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Fibonaccianalysis

Advanced Analysic for GBPJPY: SELL and BUYMy analysis of the GBPJPY forex pair is as follows: 1. Market Structure: I have identified the primary wave structure, marked in red on the chart. The corrective wave structure, labeled 0A-BC and marked in blue, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. 2. Price Action Momentum Channel: On the chart, I've identified a bearish momentum channel. I anticipate that the price will reach the lower boundary of this channel, and this could present an opportunity for buyers to enter the market. 3. Fibonacci Analysis: I've identified significant price reaction zones using Fibonacci analysis. In conjunction with other analytical methods, I predict that the price will react notably at two critical levels, particularly in the presence of substantial economic news. 4. Indicator, volume histogram & RSI analysic. Thank you for considering this analysis.
Long
by KC_Trader77
6
EURUSD 4H Bullish & Bearish EURUSD 4H Bullish & Bearish and M and W. Double tops and bottoms are important technical analysis patterns used by traders. A double top has an 'M' shape and indicates a bearish reversal in trend. A double bottom has a 'W' shape and is a signal for a bullish price movement. Double top and bottom formations are highly effective when identified correctly. However, they can be extremely detrimental when they are interpreted incorrectly. Therefore, one must be extremely careful and patient before jumping to conclusions.
by shoonya0000
1
US500 Futures ~ Snapshot TA / Fibonacci StrategyFollow-up of my " US500 Short-Med Term Outlook " chart. Updates: - Removed Horizontal Lines - Upward Parallel Channel (green) captures recent Bullish movement - Demand Zone (white box) of keen interest if price action collapses - Heavy emphasis on Fib Extension (line) & Retracement (dotted) aka Fibonacci Strategy - has been doing a decent job identifying key Support/Resistance levels - Narrowed time-frame down from 4hr to 1hr for better tracking when loading new bars Chart looks 'squished' on initial view - this is by deliberate design to capture entire Fib Extension & Retracement (so far) when you're zooming in on chart. Boost/Follow appreciated, cheers :) CAPITALCOM:US500 CME_MINI:ES1! CME_MINI:ES2! SP:SPX AMEX:SPY
CAPITALCOM:US500
by BlueHatInvestor
Predicting the Future Bitcoin Price with the Power of FibonacciUnravelling the Future of Bitcoin with a Combination of Elliott Wave Theory and Fibonacci Analysis As a Bitcoin enthusiast, I acknowledge that forecasting the future price of Bitcoin is a complicated and daunting task. While I do not claim to possess a magical crystal ball, I do possess a deep-seated passion for examining market trends and analysing data. That's why I have been experimenting with various technical analysis methods, including Elliott Wave Theory, Fibonacci Circles, Fibonacci Timezones, Fibonacci Extensions, and Fibonacci Retracements. My approach merges Elliott Wave Theory, which sheds light on market tendencies, with Fibonacci analysis, which provides me with a more profound understanding of market behaviour through the Fibonacci number sequence. This combination allows me to gain a broader perspective of price movements and make more informed predictions. Fibonacci Circles, Fibonacci Timezones, and Fibonacci Extensions enable me to identify crucial support and resistance levels and visualize the potential for price movements. On the other hand, Fibonacci Retracements help me monitor where the price may retrace during a trend. Through my personal exploration of these analysis methods, I aspire to offer a novel outlook on the future of Bitcoin: My analysis of the Elliott Wave reveals that Bitcoin is poised for an impulsive wave 5, which is part of an impulsive wave 3 at a higher degree. Utilizing the Fibonacci extension method, I have identified resistance points at 1.236 with a price level of $292,168 and 1.382, yielding a price of $713,491. The Fibonacci Circle and Timezones further support these resistance points, projected for January 2024 and December 2025. It is my belief that the peak of the impulsive wave 3 will occur at $292,000. By applying the Fibonacci retracement method, starting from this peak and extending back to $152, I have determined the 0.236 level to be a significant support zone at $49,000, and the correction wave 4 in the highest Elliott wave cycle. With this in mind, the path is clear for the final impulsive wave 5 to reach the 1.382 Fibonacci extension at $713,491 by December 2025.
BITSTAMP:BTCUSDLong
by joerivdpol
🥇 GOLD - Retest of market support, readiness to decline Gold breaks through the 1963 resistance, but as it turns out this maneuver is false. The descending price channel is contributing to the price action, while at the same time price is retesting the support area and retracing back to that area to test the breakout attempt. TA on the high timeframe: 1) Price is approaching range support. NFP related news may negatively affect the price 2) The liquidity area against which an entry point can be formed is around 1942. A breakout or false breakdown is possible TA on the low timeframe: 1) On July 27, the price tests 1942 and forms a rally to 1973, after which the price does not go further, but comes back and tests 1942 again, but now already updating the local bottom 2) After a few hours and a retest of the liquidity area 1950-1955, the price returns to the support retest. Most likely the market is negative. 3) A pre-breakout consolidation is forming, which may break the market support under the pressure of fundamental factors. Key resistance📈: 1950 Key support📉: 1942.5
OANDA:XAUUSDShort
by AndeWave
10
USD - IS IT KEEPING THE UPPER HAND AFTER ALL?My today's analysis deals with the fact that it could coming to an end with the correcting, and a further rise in the DXY is in front of us. > We traders know that no one can predict the future and that is exactly why you have to be prepared for all initial situations. > If the DXY should rise again, it means "BLOOD" for the traditional and crypto markets. > This creates dangers, but also opportunities - it is important to look at the big picture. > Which levels are RELEVANT; I have explained in detail in the following pages. TABLE OF CONTENTS - 1. Part = DXY EXPLANATION - 2. Part = TECHNICAL ANALYSIS = Monthly - Time frame = Weekly - Time frame = Daily - Time frame - 3. Part = CONCLUSION FIRST PART “INTRODUCTION“ The "DXY" indicator entered on September 28 of this year, the first time since May 2021, in a downward correction. > On this day, I published an analysis, which dealt with a possible top in the DXY. > This forecast turned out to be a precision landing on the day and is to till now the TOP. (My analysis is linked below this post, for confirmation purposes.) To help you understand the relevance of the "DXY Index", let's take a closer look at it. The U.S. Dollar Index (DXY) is a ratio (index) that compares the value of the U.S. dollar using a basket of six currencies. > EUR = 57,6 % > JPY = 13,6 % > GBP = 11,9 % > CAD = 9,1 % > SEK = 4,2 % > CHF = 3,6 % EXPLANATION DXY > RISE One of the currency pairs falls > Pressure on other currency pairs increases = Chain reaction = All currency pairs fall DXY < FALL One of the currency pairs rise > Pressure on other currency pairs decreases = Chain reaction = All currency pairs rise So if you interpret the DXY correctly, you can get confirmation for ideas in other related currency pairs. SECOND PART TECHNICAL ANALYSIS For the analysis of the higher time levels I proceed according to the onion-skin principle. > MONTHLY - Level > WEEKLY - Level > DAILY - Level These are divided into > SUMMARY > CHARTS 1. MONTHLY – TIME FRAME SUMMARY The trend channel shown in the chart formed in May|2011 and has since maintained its position as a legitimate trend channel. Especially its mid-trend line showed many reactions and great interest of the market. > The price has reached this middle line and has already reacted positively. > The trend arc is another bullish signal and could serve as additional resistance in the future. If we look more closely at the "DEMAND" zone, we see that it has already been tested on. > The monthly candle closed above the zone, which is another positive indicator. > If we get another rise in the DXY, the marked "SUPPLY" zone, will serve as a very strong resistance and will be a real challenge. The Fibonacci retracement should serve us as an additional confirmation, and was taken under proof in past movements (last decades). > The 0.328 level, was breached without another reaction at this time level and the monthly candle closed below it. > Still pending is the next 0.50 level, which in combination with several arguments, represents a Medium-Strong resistance. > In the absence of a reaction from this level, we will see another sell-off to the 0.618 level. Past highs usually serve as resistance, of which we have two. > HIGH | 01/17 - Already showed a reaction > HIGH | 03/20 - Reaction still pending Points and levels of interest are available to us, which have a not irrelevant duration. > The most significant resistance is the marked POI ZONE (turquoise), with 50 years of experience. > We can be sure that there is great interest in this one. > This already proved true with a first reaction, but we must continue to wait for the candle close to confirm the argument. > If this is "temporarily" broken by a panic in the market, the POI at 102,000 points, serves as the next point of contact. CHARTS DXY – Overall picture DXY – Trendlines DXY – Supply & Demand ZONES + Market-Structure-Break DXY – Fibonacci + POI ATTENTION In the following time levels, I will only deal with the NEW, added elements. 2. WEEKLY – TIMEFRAME SUMMARY Besides the already mentioned trend channel, another one is now visible (violet), which was formed in May|2021. > Regardless of its inconspicuousness, it supports the tenor of the thesis. > It was respected and must prove itself again in the coming days and weeks. The additional "SUPPLY&DEMAND" zones join the two existing ones and remain untouched. As further Fibonacci additions we have: > A 1.618 level which was almost touched but is still pending to be worked off. > A 0.786 level which has been able to defend the last two weekly closes. > A 0.88 level, which in combination with the pending MSB, represents a strong resistance. CHARTS DXY – Overall picture DXY – Overall picture + Monthly DXY – Trendlines DXY – Supply & Demand ZONES + Market-Structure-Break DXY – Fibonacci + POI ATTENTION In the following time levels, I will only deal with the NEW, added elements. 2. DAILY – TIMEFRAME SUMMARY In the chart, further trend lines are drawn, which have shown reactions in the last 4 months. > These will represent resistances for a possible upward movement. Because so many elements are drawn in the chart, I would advise you to look again at the chart below, where you see only the S&D zones. > Some close together with the higher time levels, which reinforces their - resistance/support. CAUTION (Paler Zones) > The Supply zone, has been touched before and thus has less resistance. > The Demand zone, has been breached and thus should not trigger a major reaction, however it could still be "recaptured". In order to be able to forecast possible target ranges, we would first have to reach the bottom, which has yet to form. > The plotted levels can still change, but serve as a first reference point. > If the reached level already represents the bottom, one can see that the FIB levels, beautifully go along with the "Supply&Demand" zones. CHARTS DXY – Overall picture DXY – Overall picture + Monthly + Weekly DXY – Trend lines DXY – Supply & Demand ZONES DXY – Fibonacci THIRD PART CONCLUSION "The market makers only make money when everyone else loses. So what is the current mainstream opinion?" Run that question through your head and let me know in the comments what you think is more likely. > Another sell-off or a strong USD for now? In summary, based on technical analysis, there are a few reasons for a "temporarily" strong USD. > If you take a closer look at the area of the - HTF-POI-ZONE - you will see quite quickly that resistances could be enough for a whole arm. > Bringing this wall down will take more than one run-up, in my opinion. For this reason, I am assuming a strong USD and an accompanying bloodbath in the traditional and crypto markets. > Positioning after confirmation of this thesis = SHORT If this idea and explanation has added value to you, I would be very happy to receive a review of the idea. Thank you and happy trading!
TVC:DXYLong
by ZielIstDieAutarkie
2
IRDM : POSITION TRADEIridium Communications: A Great Company At A Fair Price NASDAQ:IRDM - Iridium Communications has done really well in recent months between landing another large contract and increasing financial guidance. - This has sent shares roaring higher, but this has a downside to it as well. - The stock seems to be more or less fairly valued at this time, even though the firm remains excellent for long-term investors seeking stability. ...As revenue has risen, profitability has also increased. Net income of $4.6 million in the latest quarter was higher than the $3.8 million reported the same time one year earlier. Operating cash flow in the latest quarter came in at $99.8 million. That's 32.7% above the $75.2 million generated just one year earlier. Meanwhile, EBITDA for the company expanded from $94.8 million in the second quarter of 2021 to $105.9 million the same time this year. Naturally, this strong bottom line performance has had a positive impact on the company's results for the first half of the year as a whole. Due to how things are turning out so far this year, the management team at Iridium Communications decided recently to increase their guidance for the current fiscal year. Read more on: seekingalpha.com Daniel Jones, Seeking Alpha, Aug. 02, 2022 11:15 PM ET
NASDAQ:IRDMLong
by TradingMavericks
USOIL - LONG - WEEKLY ANALYSISThe "USOIL" has been in a downtrend since May - 2022 and it stands to reason that we will start to see a bottoming soon if necessary. In today's post, I will analyze in more detail at which key areas we can expect a bottoming. - For this, we will look at the "USOIL" from the weekly view and integrate elements of the daily, weekly and monthly charts. In the following, I will go into more detail about the individual areas and break them down in an understandable way: 1. | FIBONACCI RETRACEMENT | For this Fibonacci retracement we take the movement, which started in - December/2021 - and ended in - March/2022 -. -> 0.786 FIB = 76.79 USD | Successfully processed -> 0.88 FIB = 70.50 USD | Pending retracement > As "BLUE" lines + area - drawn in the chart. 2. | FIBONACCI RETRACEMENT | For this Fibonacci retracement we take the movement, which started in - November/2021 - and ended in - March/2022 -. -> 0.618 FIB = 70.25 USD | Pending retracement -> 0.65 FIB = 67.18 USD | Pending retracement > As "ORANGE" lines + area - drawn in the chart. 3. | DEMAND ZONES | The demand zones formed at the beginning of the upward movement, so they were created and in - November-December/2022. -> MONTH ZONE = 62.46 - 77.41 USD | Pending settlement -> WEEK ZONE = 62,46 - 72,97 USD | Outstanding settlement -> DAY ZONE = 66,24 - 70,42 USD | Pending execution > As "GREY" areas - drawn in the chart. 4. | POINT OF INTEREST The point of psychological interest, was created the first time in - August/2005 - and showed some reactions since then. -> POI = 70.00 USD | Pending settlement | In the upcoming situation, the POI should be used as a support. | POI is used as ZONE -> no point exact support. > As "TURKIS" line - drawn in the chart. NOTE -> Psychological numbers are relevant decision points, because the human brain (subconsciously) prefers round numbers. -> For this reason, a lot of interest (orders) accumulates at these points, which serve as required liquidity for institutions. 4. | CONCLUSION How the detailed scenario for "USOIL" could look like, cannot be guessed at the moment, so we have to postpone the more detailed consideration to the future. Despite this, the key points I have presented, will most likely trigger a reaction. -> As soon as we reach the areas, I will upload a detailed execution. Feel free to discuss it in the comments and share our perspectives, I would be "burning" to hear your take on it all. Thanks a lot and happy trading!
TVC:USOILLong
by ZielIstDieAutarkie
Is MSFT's bullish momentum depleted? The uptrend channel A 100% parallel extension of the uptrend channel indicates the strength of this bullish trend. Symmetrical projection: An uptrend N pattern By projecting a 100% symmetry projection of the initial swing from point A to B, and extending it from point C, the target price would be point D at $303.3. Given that the anticipated symmetric pullback to point E did not occur, my expectation is for a further 100% extension from point D. As a result, the target price has been revised upwards to point F at $360.8. Other key levels Resistance The historical highest high at $349.6 is a very strong resistance level, coinciding with the upper band of the channel's 100% extension. The more resistances encountered, the harder it is to break through. Support The 1.5 extension level at $ 332 is a support level that has been tested. Clear price reactions to key Fibonacci levels can enhance the overall significance and value of the analysis. The prior low level, which is at $322.5, can always act as a significant support level. Moreover, it’s a resistance turned support level, making it more important. Possible scenarios If the uptrend continues… When facing the key resistance at $349.6, the market should exhibit a clear movement, like a gap-up opening or a significant bullish candle, to demonstrate its determination. If the bullish momentum is depleted… The market is likely to pull back the price to below the prior low level, which is at $322.5. Compared to the 1.5 extension support level, the level of the prior low holds greater importance. If the 1.5 extension support level is breached, it serves as a mere warning. However, If the level of the prior low is breached, it disrupts the rhythm of a healthy bullish trend and makes price movements difficult to anticipate. Conclusion If the key support at $322.5 is breached, it’s better to step out of the market. Allow the market to stabilize on its own, and wait for a clearer signal before reentering. If not, the uptrend will continue, and the target price remains at $360.8. Hindsight bias part While our target price is $360.8, the prior historical high level at $349.6 represents the optimal target price. Considering the formidable resistance at the prior historical high, I prefer to sacrifice a small portion of potential returns in favor of a higher probability of success. **Not Financial Advice** The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NASDAQ:MSFT
by stock_adelie
PERI : POSITIION TRADEQ3 : EARNINGS CALL HIGHLIGHTS: Looking at the last 8 quarters, our ability to exceed the rule of 40 is not a series of anomaly or a one-off success. Quite the opposite, we are outperforming the industry because we are built on the fundamental recognition that adtech must be able to respond, underlying response to the trend with ability and agility. Revenue of $158.6 million, reflecting 31% year-over-year growth, the highest quarterly revenue since 2014. Adjusted EBITDA of $33 million, 21% of revenue compared with 15% last year, reflecting 87% year-over-year growth. Net -- GAAP net income of $25.6 million, 141% year-over-year growth, the highest quarterly net income since 2014. Non-GAAP diluted earnings per share of $0.61, reflecting 53% year-over-year growth. The third quarter revenue was $158.6 million, an increase of 31% year-over-year. The strong continued revenue growth reflected a CAGR 38%. Display advertising revenue increased by 26% year-over-year to $86.8 million, 55% of total revenue. Market adoption of our holistic video platform solution continued to rise. Video revenue more than 3% year-over-year, representing 44% of display advertising revenue. The number of video platform publishers increased by 88% year-over-year from 34% to 64%, and the revenue from retained video platform publishers increased by 67% year-over-year. Third quarter OpEx and COGS amounted to $31.7 million or 20% of revenue compared with $33.1 million or 27% of revenue last year. This impressive achievement reflects the execution of our business strategy. On a GAAP basis, net income was $25.6 million or $0.53 per diluted share, an increase of 141% compared with $10.6 million or $0.28 per diluted share in the third quarter of 2021. On a non-GAAP basis, net income was $29.9 million or $0.61 per diluted share, an increase of 94% compared with $15.4 million or $0.40 per diluted share in the third quarter of 2021. Adjusted EBITDA of $33 million, reflecting 94% year-over-year growth, adjusted EBITDA margin of 21% compared with 15% last year. Adjusted EBITDA to revenue, excluding TAC increased from 37% in the third quarter of 2021 to 51% during the third quarter of 2022. Operating cash flow was $34.7 million compared with $14.2 million in the third quarter of 2021, reflecting 145% year-over-year growth. As of September 30, 2022, cash, cash equivalents, and short-term bank deposits of $390 million compared with $322 million as of December 31, 2021; continuously generating positive cash flow. Full earnings call transcript and presentation on the links below: Transcript / Audio : seekingalpha.com Presentation : wp-cdn.perion.com
NASDAQ:PERILong
by TradingMavericks
SOL/USDT Review Long-TermHello everyone, I invite you to review the SOL chart, taking into account the one-day interval. As we can see, the price has moved up from the sideways trend channel, and is currently testing the maintenance of increases, at this point it is also worth using the yellow line to mark the local uptrend line along which the price moves. In order to determine the current support spots when SOL starts a correction, we will use the Fib Retracement tool and we can see that the first significant support is at $22.91, then we have a second support at $20.04, then a strong support zone from $17.31 to $13.24 Looking the other way, we can similarly determine the places of resistance that the price has to face. However, here it is worth noting that the price is struggling to stay above the resistance at $ 26.99, which is located at the golden point fib. then we have a strong resistance at $32.24 where the price turned around and a third resistance is at $38.71. We will now mark the place where the price moved decisively above the EMA Cross 200, which gave a strong confirmation of the transition to an uptrend. The CHOP index indicates that the energy has been used, the MACD indicates that the uptrend is maintained, while the RSI crossed the upper limit of the range, which gave the price a pullback, but we should still see a rebound after such a large increase.
by cryptodailyuk