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Fibonnacci

Trading the Impulse Rally Retracement — Price and Time Symmetry The Stop Loss Triangle is back! This time with BITSTAMP:BTCUSD coming off its recent impulse rally. For those of you that aren’t familiar with my strategy — let me start from the beginning… This concept involves positioning against the opposing decline in price and time as a precursor to our theoretical projection. If the underlying enters our predetermined faded cross-section, the stop loss is triggered to prevent sideways consolidation and the erosion of contract premiums or leverage decay. This inherently ‘sclene’ triangle is constructed by drawing a straight trend line through the bottoming reversal candle and the furthest projection in price and time symmetry (78.6%) of the retracement. Once connected, draw a vertically positioned straight line from the highest or lowest point in the previously identified retracement to the bottom reversal candle area once again. To create a ‘right triangle’, now turn 90 degrees towards the final point, which is determined by the nearest projection in price and time symmetry (38.2%). This allows time after the imposed price and time date, yet not enough for premium or leverage decay to become significant. In its entirety, this forms the stop loss triangle. I encourage my followers to identify and explore the system on their own. As always, feel free to ask me anything related to it. We’ll follow along and you’ll be amazed at the precision of Fibonacci symmetry. CHEERS
Short
by splitmyIVandmelt
1
GOLD 4H: not all that glitters is bullish...The 4H chart shows a clean descending triangle breakdown. Price failed to reclaim the trendline and was rejected under both MA50 and MA200. The bounce into 3325–3340 was absorbed — classic liquidity sweep and fade. Volume confirms bearish control. Technically, the breakdown below 3320 opens the way toward $3293 (1.0 Fibo), $3250 (1.272 extension), and final target at $3195 (1.618), where buyers might step in. RSI supports the continuation without signs of reversal. Structure broke — and the market is telling us where it's heading. Tactical plan: — Entry at market or on a retest of $3325–3335 — Targets: $3293 → $3250 → $3195 — Stop: above $3340 (above MA50 and broken trendline) When gold looks shiny, smart traders look deeper. This breakout isn’t golden — it’s a trap for late bulls.
TVC:GOLDShort
by TotoshkaTrades
BTC Loses Key Level — Will 100K Hold or Fold?Bitcoin has been locked in a range for the past 45 days, clinging above the critical psychological support at $100K. But cracks are starting to show… Every bounce from the key level at $102,430 has been weakening — and now, for the first time, we’re breaking cleanly below it. Things are starting to tilt bearish. So the question is… ⛏️ Will 100K be tested next? 🔍 Key Support Zone: $97.7K–$96.9K Using the Fibonacci retracement from the swing low at $74.5K to the recent ATH, the 0.382 retracement lands at $97,655 — just below the $100K mark. But there’s more… Here’s why the zone between $97.7K and $96.9K is crucial: 0.382 Fibonacci retracement: A common pullback level in strong uptrends. Anchored VWAP from $74.5K: Currently sitting around $96.9K, tracking cumulative volume-weighted average price — a key level. Daily Order Block: Sits right at $96,887, aligning with the VWAP and reinforcing the area as demand-rich. 1.272 Fibonacci extension: From the previous move — providing another layer of confluence. Fair Value Gap (FVG): The imbalance lies right in this zone. Price often fills these before continuing trend. All of this stacks up to a high-probability long setup. 🕵️‍♂️ What to Do Now? Set alerts at $100K and watch for a reaction. If price slices through, shift focus to the 0.382 Fib — monitor price action closely for signs of a reversal. The first clean test of this zone could present a solid long — but as usual don’t trade blindly. Wait for confirmation. _________________________________ 💬 If you found this helpful, drop a like and comment! Want breakdowns of other charts? Leave your requests below.
Short
by SiDec
6
Market Outlook – Nifty Near Critical Levels! Caution Advised Nifty Weekly Wrap-Up: The Nifty 50 index closed the week at 25,003, posting a solid gain of +250 points from last week's close. It touched a high of 25,029 and a low of 24,502 during the week. But here’s the twist—while the uptrend looks strong, we’re now at a crucial inflection point on the weekly chart. Technical Outlook – Is a Bearish “M” Pattern Forming? On the weekly timeframe, Nifty is at a level where a bearish M-pattern could potentially develop. To complete this pattern, the index could pull back towards support levels at: 24,414 24,200 24,000 If the selling deepens, the final support zone lies between 23,900–23,700, where a bounce-back is likely. Bullish Scenario – Can Nifty Break Out? If Nifty holds above 25,000 for at least 2 consecutive sessions, it could trigger a short-covering rally, paving the way for a move toward key resistance zones at: 25,400 25,565 26,100 Next Week’s Expected Range: 24,500 – 25,500 This range should see most of the action next week. If you're holding long positions, now is a great time to: ✔️ Lock in profits ✔️ Trail stop-losses ✔️ Prepare cash reserves for potential dip-buying opportunities Global Watch – S&P 500 Hits Key Resistance The S&P 500 closed near 6,000, up 100 points for the week. But heads up—it’s now testing a strong Fibonacci resistance at 6,013. A rejection here could lead to a correction toward 5,900–5,850, a dip of 1.5–2.5%. If this unfolds alongside a Nifty pullback, it would align perfectly with our support targets around 24,400–24,500. Final Takeaway: Markets are looking stretched. While momentum remains positive, profit booking at higher levels is essential. Don’t get caught unprepared in case of a reversal. Stay tactical, stay liquid. Smart money is already locking in gains. Are you?
NSE:NIFTY
by ssudhirsharma11
EURAUD (BOS + IMB + OTE)Hello traders! Description: We have STB(Sell to Buy Action) - you can see it on 1H TF, which grab some liquidity and then made BOS. In this moment we can expect that price comeback to 0.5 and then i will look reversal on LFT, after closing IMB. Entry: Confirmation on LTF in POI. Alarm on 0.5 Fib Level. Target: HH P.S: check also previous idea. We still have valid Demand on LTF. Have a profitable day and don't forget to subscribe for more updates! If you like this idea drop a like, leave a comment or write your pair, i will check.
Long
by Hastur_smc
1
INTEL INTC Short setup target 15.29Fibonacci technical analysis : Intel Corporation NASDAQ:INTC has already found resistance at the Fib level 61.8% (23.07) of my Down Fib. The May 30th Daily candle has closed below retracement Fib level 23.6% (19.73), confirming a sell signal. A Bear Flag pattern has also formed. My Down Fib guides me to look for NASDAQ:INTC to eventually go down to hit first target at Fib level -27.2% (15.29). NASDAQ:INTC – Target 1 at -27.2% (15.29), Target 2 at -61.8% (12.26) and Target 3 at -78.6 (10.79) Stop loss slightly above the 50.0% retracement Fib level (22.04). Enjoy the trading process and take time to smell the roses🌹
NASDAQ:INTCShort
by rose_excellence
TESLA - POSTIONS ACCMULATING OR MARKET CONFUSION !!!!Hi, Tesla is making series of HH and HL. Bullish trend line can also be seen. however, it is in consolidation phase since long. currently the market is trading near the strong resistance level of 409. if the market break this support level and even breaks the previous HH which is 482 then we can expect market to take a bull ride. Trade entry plan is to set BUY STOP order type at the mentioned Entry Point. once the trade is executed we can Set Stop Loss slightly below the previous HL /support level. TP1 and TP2 are placed with 1:1 and 1:2 Reward to Risk ration
NASDAQ:TSLALong
by ProTradeProfessor
BITCOIN IS A SOLVED GAME. AND I SOLVED IT WITH 1 FIB PULLOne single fib pull to rule them all. From top to bottom in 2018 we can clearly see how many significant levels we get: The 2.236 level gives us the first ATH in 2021. After that we face a 30% pullback. The 3.618 level gives us the 63k top in 2021, again to the absolute dollar. The 4.236 level gives us the first ATH of 2024, after which we faced 230+ days of sideway nothingness. The 6.236 level gives us the exact ATH at the end of 2024 Following the logic of these numbers the next levels we should look for are: 7.618 and 8.236
BNC:BLX
by lemister22
EURCAD (Supply/Demand + OTE + Liquidity)Hello traders! We have valid 705 fib level, there we can expect reversal + mitigation demand zone. Now price go to local correction. In local 0.5 fib level you will see big volume like confirmation before impulse till Demand. Entry: confirmation on LTF in POI Target: First problem zone is OB 4H MAIN MOVE IN SHORT - TILL 0.5 of GLOBAL FIB LEVEL. SEE PRIVOIUS IDEA. Demand zone also can be like fuel, so Have a profitable day and don't forget to subscribe for more updates! If you like this idea drop a like, leave a comment.
Short
by Hastur_smc
S&P ES Long setup target 5963.50 / Calls SPY target 596Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (5623.50) of my Down Fib. Last Daily candle (May 2) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for CME_MINI:ES1! to eventually go up to hit first target at Fib level 127.2% (5963.50). CME_MINI:ES1! – Target 1 at 127.2% (5963.50), Target 2 at 161.8% (6205.50) and Target 3 at 178.6 (6322.75) Stop loss slightly below the 61.8% retracement Fib level (5506.25). Option Traders : My AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (595.82), Target 2 at 161.8% (620.50) and Target 3 at 178.6 (632.50) Stop loss slightly below the 61.8% retracement Fib level (549). Enjoy the trading process and take time to smell the roses🌹
CME_MINI:ES1!Long
by rose_excellence
XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD). We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now. 🌀 According to the wave count: Wave (3) topped out near $3,500 Wave (4) retraced sharply into the channel base We are now potentially at the launch point for Wave (5) — the final impulse leg 💹 Wave (5) Projection: Targeting the upper channel boundary, which aligns closely with $3,740–$3,750 This area also completes the measured move and matches key structural confluence 📈 Technical Confluence Supporting the Bullish Bias: RSI bounced cleanly from oversold territory Bullish EMA crossover (20/50) is happening right near the bounce zone We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls 📍 Key Levels to Watch: $3,149: minor pullback area / possible retest $3,283: Fib 23.6% resistance — needs to be cleared for confirmation $3,500: Major resistance & previous high — breakout zone $3,747: Wave 5 target ⚠️ Invalidation Zone: If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure. 📌 Conclusion: I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs. Drop your thoughts below — are you long on Gold? Let’s talk setups 👇 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
OANDA:XAUUSDLong
by WrightWayInvestments
EUR/USD Wave 5 Setup – The Calm Before the SurgeWe're tracking a potential Wave (5) extension on EUR/USD after a clean completion of Wave (4), which bounced right from the golden zone between the 0.382–0.5 fib levels. 🔍 Structure & Context: Wave (4) bottomed at 1.1065, aligning with key fib confluence and RSI oversold bounce. Price is now showing early signs of bullish momentum, currently trading just under 1.1200, above the 0.382 retracement. If this count holds, we could be entering the early phase of a bullish impulse leg toward 1.1572 and possibly 1.1755 for Wave (5). 🧩 Technical Confluences: ✅ Fib retracement support (0.382–0.5) held strong ✅ Price reclaiming 20/50 EMAs; 200 EMA still overhead but flattening ✅ RSI recovering above 47, showing room for upside ✅ Minor resistance at 1.1272 → watch for breakout confirmation 🎯 Key Levels: Entry Zone: 1.1150–1.1190 Wave 5 Target: ⚡ TP1: 1.1388 (0.618 ext) ⚡ TP2: 1.1572 (wave projection) ⚡ TP3: 1.1755 (extended target) Invalidation: Break and close below 1.1045 📌 Plan: Looking for bullish continuation confirmation above 1.1225 with strong momentum. Tight risk with upside reward aligning beautifully with the wave structure 📈 💬 Let me know your thoughts on this count—bullish or premature? 📊 Drop a like if you're trading EUR/USD & follow for more wave-based setups! @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
Long
by WrightWayInvestments
2
GBP/USD | Wave 5 Loading?Hey traders 👋, We're setting up for what could be a textbook Wave (5) breakout on the 4H GBP/USD chart. After a clean corrective pullback to the golden zone (0.618–0.705), bulls are stepping back in. Here’s the technical story: ⚙️ Technical Breakdown: ✅ Elliott Wave Structure: Wave (4) seems complete following a controlled retracement. If this count holds, Wave (5) should extend us toward 1.34400+ and possibly 1.36300, aligning with fib extensions and previous impulse behavior. 📏 Fib Retracement: Wave (4) respected the 0.618–0.705 zone perfectly (1.32235–1.32047), a classic launchpad in bullish cycles. Buyers showed strong interest here—textbook bounce material. 📊 EMA Stack (20, 100, 200): Price is holding above the 100 and 200 EMAs, with the 20 EMA curling upward. If we get a clean cross and hold, that’s further confirmation of bullish continuation. 📉 RSI: Sitting around 53, giving us enough room to run without immediate overbought pressure. RSI holding above 50 typically aligns with bullish continuation patterns. 🚨 Levels to Watch: 🔑 Entry zone: 1.32200–1.32400 (golden pocket pullback) 🎯 Target zone: 1.34400 ➜ 1.36300 (Fib + Wave 5) ❌ Invalidation: Clean break below 1.31770 🧠 Final Thoughts: Structure is clean. Momentum is building. Fundamentals aside, this chart is screaming setup potential. 📢 What’s your take on this setup? Drop your thoughts 👇 and don’t forget to like if you’re bullish too 🟢 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
Long
by WrightWayInvestments