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Fibonacci Retracement

GBPUSD → A breakout of trend resistance. Change?FX:GBPUSD is forming a local trend change attempt. The price breaks the resistance of the descending price channel and forms a consolidation above the line, in the buying zone. The fundamental background is very complicated and not stable because of Trump's policy and the tariff war with the whole world. Sharp shifting statements have a huge impact on the markets. Technically, the price is breaking the resistance of the long downtrend and we have a chance to change the local trend. A breakout of the resistance at 1.2488 and a price consolidation above this zone may motivate a buyer to support this move. Resistance levels: 1.2488, 1.26 Support levels: 1.2414, 1.2377 The price may test the previously broken channel resistance before rising further, but the 1.2488 trigger plays an important role. If the bulls can keep the defense above this area, the currency pair may rally a bit in the short term. Regards R. Linda!
Long
by RLinda
5
GBPUSD H4 | FOREX BEELooking at the GBP/USD H4 chart, I can identify the following key observations: 1. Trendline Resistance: The market is currently testing or approaching a key descending trendline, indicating potential resistance at higher levels. 2. Fibonacci Levels: The chart highlights the 0.5 Fibonacci retracement level near 1.2415, suggesting a possible bullish target zone if price breaks above the trendline resistance. 3. Support Zones: The red zones below, particularly near 1.2251 (0.236 Fibonacci), appear to act as important support levels where buying interest may reappear. 4. Market Scenario: - If the price breaks above the trendline and sustains, it may move towards the next resistance at 1.2415 or higher. - On the downside, a failure at the current level could push the market back to the support zones around 1.2250 or lower. This setup suggests a cautious approach for now. A breakout confirmation above the descending trendline would provide a clearer signal for bullish continuation. Conversely, failure to break higher may lead to renewed bearish pressure.
by forexbeesignals
MKR - USDT 1W chart Hello everyone, let's look at the 1W MKR chart to USDT, in this situation we can see how the price drops and lasts below the inheritance trend line. However, let's start by defining goals for the near future the price must face to return to a strong upward trend and here the level will be particularly important: T1 = $ 1134 T2 = $ 1585 Т3 = $ 2070 Let's get to Stop-Loss in case of further declines, but here you can see how the price has affected the support that can also be taken into account as the first stop loss at the level: SL1 = 771 $ SL2 = = $ 494 SL3 = $ 297 SL2 and SL3 can be considered as a range of a very strong support zone. Next, we see RSI indicators where you can see how we are approaching the lower limit, which can help in stopping current relegations.
by cryptodailyuk
1
HBAR Seeking Golden Ratio After False Break of Consolidation?There's some big tells in what COINBASE:HBARUSD could potentially be getting ready to do so lets break it down on the Daily Chart! Since the High on Dec. 3rd @ .392, Price has steadily been forming what looks to be a Descending Triangle while finding Support in the ( .25 - .23 ) cent range. Bearish volume building and RSI going from Overbought to currently going Below 50 suggests further Bearish Price Action could occur! After the Positive USD Economic News Results for ISM Services and JOLTS Jobs Openings coming in well above Forecast, this seen the Dollar gain strength and other markets like Stocks and Crypto take a dive, in COINBASE:HBARUSD instance, it generated a False Break of the Descending Triangle to now where we see Price plummeting down to test the Support of this Consolidation Pattern. If Support breaks, we could see Price make a Retracement to the April 2024 Highs @ ( .18 - .15 ) This area looks especially favorable because: -From the Low before the Rally @ .04172 to the High of the Rally @ .392, lands the Fibonacci Golden Ratio levels priced @ ( .19619 - .17553 ) with the April 2024 High @ .1842 right in the Middle of this Zone! -The 200 EMA is curving up into the suspected Support of the April 2024 Highs if Price were to fall, it would test this as well! *If Price continues to fill the Pattern more, keep an eye out for more False Breaks, this will be evident with Price breaking either Area of Value ( Falling Resistance or Support Zone) followed with minimal Volume.
COINBASE:HBARUSDLong
by Novi_Fibonacci
3
XAUUSD → Will Retrace till 2802-2794 but after hitting 2835Hello Traders! As gold has made its ATH 2830 which was also a trendline where gold respect that trend line and down now every thinking for retracement but gold will do a breakout till 2835 as gold done on previous trendline gold can hit 2835 easily before drop to retracement level of 2794, so for now i am bullish till 2835 in that zone i will see a good entry for sell. Support: 2802 Resistance:2830 Fib Golden Zone: 2794-2796 Liquidity Zone: 2794 Gold will continue its trend after retracement but we need a good entry for sell almost from 2835
CAPITALCOM:GOLDLong
by PIPsOptimizer
Gold Retracement has begun and will end on the order block.Hello, Traders! As gold dropped from 2830 and is now trading between 2812-2813, this decline is true and valid till 2772-2773 since I identified significant liquidity, an order block, FVG, and parallel channel trendline support. So gold should make this extremely serious and genuine move in order to continue the bullish trend. Support number: 2801-2796. Resistance: 2830.600. Order Block: 2771–2778 Fair Value Gap: 2778–2779 Golden Zone of Fib: 2794-2801 We will trade in tiny time frames with other confirmations like morning star or any bullish engulfing candle, with suitable stop loss below order block and liquidity zones. If you liked my analysis, please support my idea and follow me.
TVC:GOLDLong
by NexusTradesZone
XAUUSD → Expected to retrace to 2802-2794 after hitting 2835.Hello, Traders! like gold has made its ATH 2830, which was also a trendline that gold respected, and down now every thinking for retracement, but gold will do a breakout till 2835 like gold did on the previous trendline. Gold will easily reach 2835 before dropping to the retracement level of 2794, thus I am bullish until 2835, when I will find a decent entry point for selling. Support: 2802. Resistance: 2830 Fib. Golden Zone: 2794–2796 Liquidity Zone: 2794 Gold will continue its trend following the retracement, but we need a decent entry point to sell almost from 2835.
CAPITALCOM:GOLDLong
by NexusTradesZone
GOLD → Price is susceptible to manipulation. Correction?FX:XAUUSD amid high risks of tariff wars and high inflation reaches a new ATH and trend resistance, but due to manipulation by politicians there is a possibility of a small correction. Gold price is consolidating above $2,800 after an all-time high of $2,831, awaiting US employment data and Fed speeches. Volatility increased amid manipulations about Trump's tariff policy: first they set tariffs, then a few hours later they cancel them. In a word, “politicians”. Gold is going into correction after a false breakout of resistance of the ascending channel and on the news about temporary suspension of tariff increase by the USA. Overall gold is holding its ground as the Fed remains cautious on rate cuts. Resistance levels: 2817, 2830 Support levels: 2811, 2801, 2790 If the price breaks 2811 and consolidates below this area, we should expect a correction to 2800 - 2790 in the short term, there is no hint of a trend change, growth may continue from the key support areas. Regards R. Linda!
FX:XAUUSDShort
by RLinda
9
ACTUSDT → Attempting to change the trend BINANCE:ACTUSDT is trying to move into the realization phase after breaking through the resistance of the bearish wedge, a pattern capable of changing trends After a prolonged downtrend, the coin has found a bottom in the 0.1500 area and yesterday's bitcoin recovery was a bullish driver for ACT. The market is pretty much confirmed manipulation by the US government and will have to come to terms with that. Technically, the focus is on 0.21400 support. The key pattern to wait for is a false break of the support followed by a consolidation above the level and the start of an upside move. This would be a characteristic bullish maneuver that could lead to local strengthening. Resistance levels: 0.26800, 0.35120 Support levels: 0.21420, 0.1500 For a trend change, the coin needs not only to consolidate above the support, but also to overcome the resistance at 0.26800. The altcoin market is weak, so there should be strong confirmations to open positions in one direction or another. Regards R. Linda!
Long
by RLinda
2
Gold Retracement started and will stop on order blockHello Traders! As gold dropped from 2830 and now trading between 2812-2813 this drop is genuine and valid till 2772-2773 because there i found strong liquidity, order block, FVG and also parallel channel's trendline support. so gold should do this move which is very real and genuine for a bullish trend continuity. Support: 2801-2796 Resistance: 2830.600 Order Block: 2771-2778 Fair Value Gap:2778-2779 Golden Zone of Fib: 2794-2801 we will trade in small time frame with some other confirmations like morning star or any bullish engulfing candle with proper stop loss below order block and liquidity zones if you like my analysis kindly boost my idea and follow me
TVC:GOLDLong
by PIPsOptimizer
GOLD → The trend is not broken, gold could go even higherFX:XAUUSD continues to strengthen after a small correction. There is a zone of interest ahead and the price may form a correction to the support before it starts to storm ATH Gold is rising due to the growing risks on the background of the tariff war started by Trump. Despite the risks posed by the US residents as well, he is willing to continue to do so. In addition, his comment about the Fed, “The Fed made the right decision last week to hold off on cutting rates” gave aggressive support to the dollar, but that didn't break gold, which is heading for the highs. The trend is not broken and interest in the metal due to growing risks is also growing. The focus is on US and Chinese economic data as well as Fed statements. Technically, the support in the form of the previous ATH - 2790 plays a key role and gold may test this area once again before continuing its growth. But, in the short term, it is worth keeping an eye on 2800. Support levels: 2795, 2790 Resistance levels: 2802, 2808 There may be a small correction from 2802 or from 0.7-0.79 fibo before the price decides to storm this area again to consolidate above the support before rising further. Regards R. Linda!
FX:XAUUSDLong
by RLinda
12
USDCHF → The bullish trend may get its continuationFX:USDCHF is entering the realization phase after a prolonged correction. A favorable background is created by the uptrend and rising dollar... The technical outlook on the daily timeframe is very good. The price after breaking the trend resistance tested the previously broken line. The currency pair after the false breakout managed to consolidate above the key point, marking an interim bottom and further prospects. Technically, the focus is on the resistance at 0.911, if the bulls can overcome this area and consolidate above this level, the currency pair will be able to realize a rise to 0.918 - 0.93. Resistance levels: 0.911 Support levels: 0.90555 Before breaking the resistance, the currency pair could test 0.90555 due to the liquidity generated below this area. But, the trigger that can provoke further growth is 0.911 Regards R. Linda!
Long
by RLinda
2
GBPUSD → What are the chances of a fall after a FB?FX:GBPUSD is testing the resistance of the downtrend, but the price does not have the strength to go beyond this range. Ahead of the news that can strengthen the downward movement.... On D1, the price is also forming a false breakdown, but relatively important level, thus confirming that the price is still in the selling zone. Ahead is the Fed rate meeting, where the interest rate is likely to remain at the same level. But the most important thing will be Powell's speech. If the official's tone is hawkish, which is the most likely scenario at the moment, the dollar will get support, which may negatively affect the GBP. Technically, the strongest moves occur after false breakouts. Resistance levels: 1.24887 Support levels: 1.2414, 2.2377 A retest of the trend resistance ends with a false breakout and consolidation of prices below the line... A break of the support at 1.2414 will trigger further selling. If there is no unexpected news, the currency pair may fall to 1.224 Regards R. Linda!
Short
by RLinda
2
GOLD → Sellers taking interest for retesting in goldHello Traders! As we all know that last week gold has made ATH with red candle and also did a retest to 2799 but this retest is not enough for continuation of bullish trend here i have shared my analysis about gold Currently gold is trading on 2799 at gold support level as next week is going to start in 3 hours so gold can do a gap down opening with strong volume candle and we can see 2774 in gold because gold is in strong bullish trend so it should touch 2774 which is golden zone of fib to continue its bullish trend. Support Level: 2758-2767 Resistance Level: 2815-2819 Fib Golden Zone: 2773-2763 Liquidity Zone: 2730 (also strong low) As gold is trading in a ascending channel so our target would be the trendline of ascending trendline but our entry should be at golden zone of fib. Do not take entry at ATH that is the first of technical analysis so here our entry for buy would be very risky so we will wait for retest. For Now we can take sell trade for scalping but always use SL because SL is better than liquidation so i am in for sell till 2763 If you like my analysis kindly boost my idea and follow me for more analysis Analysis By: PIPsOptimizer Have a nice day thank you!
FX:XAUUSDShort
by PIPsOptimizer
XAUUSD → Since the trend is still intact, gold may rise evekeeps getting stronger following a minor adjustment. A zone of interest is ahead, and before the price begins to storm the ATH, it can correct to the support. The escalating risks associated with Trump's tariff battle are driving up the price of gold. He is prepared to keep doing so in spite of the dangers that the US citizens also present. The dollar also received strong support from his statement regarding the Fed, "The Fed made the right decision last week to hold off on cutting rates," while gold, which is on its way to the highs, was unaffected. The tendency is continuing, and as the risks associated with the metal increase, so does interest in it. The Fed announcement and US and Chinese economic data are the main topics. Technically, the preceding ATH-2790 serves as a crucial support, and gold may test this region once more before extending its upward trajectory. However, it is worthwhile to monitor 2800 in the near future. Support levels - 2795, 2790 Resistance levels - 2802, 2808 Before the price decides to attack this level once more to consolidate above the support before rising further, there can be a slight correction from 2802 or from the 0.7-0.79 fibo.
FX:XAUUSDLong
by NexusTradesZone
USDJPY → Trump crashes the market, dollar ralliesFX:USDJPY breaks downtrend structure. Monday started unexpectedly for traders with Trump's actions, which gutted localized situations not only in the forex... The imposition of tariffs, another batch of statements about the Eurozone, BRICS, and also this: “Trump said that the Fed made the right decision last week to suspend rate cuts” produced a corresponding reaction in the market. On the back of inflation expectations, the dollar is accelerating its growth, thus provoking a rally in USDJPY. Technically, the focus is on the resistance at 155.95 and the support of the previously broken channel, which can be tested before further growth. Resistance levels: 155.95, 156.6 Support levels: 155.0, 153.6 The price is trying to consolidate in the buying zone, but the resistance at 155.95 is holding the price back from active strengthening. Breakdown and consolidation of the price above this area may provoke growth to the trend resistance. Regards R. Linda!
Long
by RLinda
6
USDCHF H4 | FOREX BEEHey Traders, Looking at the USD/CHF H4 chart, here's my technical analysis: Observations: 1. Descending Channel: - The pair is currently trading within a well-defined descending channel, indicating bearish momentum. - The price recently touched the upper boundary of the channel and appears to be pulling back. 2. Key Levels - Support Zone (Red Box): Around 0.8965, coinciding with the 0.50 Fibonacci retracement, acting as a strong potential demand zone. - Resistance Zone (Red Line): Near 0.9140, where previous price reactions and the channel's upper boundary converge. 3. Potential Scenarios: - Bullish Breakout: If the price breaks above the descending channel and clears 0.9140, it could signal a reversal to the upside. - Bearish Continuation: If rejection continues at the upper boundary, the price may head toward the 0.8965 zone, potentially retesting the 0.50 Fibonacci level or even lower near 0.8840 (0.236 Fibonacci). ### My Thoughts: This setup currently favors short-term bearish momentum unless a breakout above 0.9140 occurs. A sell opportunity may arise on rejection near the current level, while a clean break out of the descending channel offers a potential bullish reversal signal.
by forexbeesignals
Bajaj Finserv: Preparing for a Big Move! 🚀 Bajaj Finserv: Preparing for a Big Move! 🚀 📍 CMP: ₹1798 📉 Stop Loss: ₹1615 🎯 Target: ₹2025 | ₹2500 🔹 Key Insights: ✅ Rounding Bottom Formation: Neckline at ₹2025—confirmation above this level could unlock strong upside potential. ✅ Channel Trading: The stock is moving within a well-defined upward channel. ✅ Macro Factor: Potential RBI rate cuts could act as a major catalyst. ✅ Strategy: Staggered entry to manage risk in a volatile market. ⚠️ Risk Management: Strict adherence to stop loss at ₹1615 is crucial. 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #BajajFinserv #TechnicalAnalysis #BreakoutStrategy #SwingTrading #StockMarket
NSE:BAJAJFINSVLong
by satyam15
GBPUSDHey Traders, what you think of this trade? Price had 61.8% retracement. Will it Break the High and go bullish or Low and bearish. Think in probabilities. My analysis on GBPUSD Buy with a micro lot for Long till 1.3000, Strict Risk 1:3. Notes for Success: Timeframes Matter: Align entry/exit with higher-timeframe trends. Adapt: Adjust targets if volatility spikes (e.g., news events). Disclaimer: Always include “Not financial advice. Trade at your own risk.” Comment your analysis below. Thank you
Long
by TraderJaggu