Continuation down BRIEFLY - EURGBPHere's a possible last entry to short for about 44pips before a reversal upwards.
Fibonnacci
$TSLA Re-entering the $400 rangeFig. 1 displays a potential re-entry of NASDAQ:TSLA (Tesla Inc.) into the range of $400-588 as our target. This analysis is based on a slight confirmation of the Fibonacci guide .618 ratio (indicated in green) as observed in late April this year. There is room for future confirmation if the price recedes below the moving average cross (MA cross) Fig. 2 .
[ Fig. 3 ] We can anticipate a slight downturn in the price of NASDAQ:TSLA , from its current level of $259, towards or below the moving averages indicated by the cyan and blue indicators. This potential dip is expected to be followed by an upward rebound, leading to a re-test of Zone 1 .
NAS100 Retracement Set? 05.10.2023The index has been surging yesterday after the market opening.
A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool.
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Btcusdt ,,, Break the trend line My hypothetical trend line and triangle are broken, the future is nothing but a repeat of the past, I expect Bitcoin to grow up to 35 and 40
Reasons to consider Long Bias - GBPAUD
As price mitigated a 2 week OB below and is showing possible signs of buying interest, I'd consider entering after it comes back to this H1/m15 OB. My analysis shows that I could hold until 1.9500 (minimum) to 1.9600 (max).
EURJPY "seems" ready to short from BSL/H4 OB mitigationAs price took out not only BSL and mitigated an H4 OB, I do speculate price to sell and find support at the D-OB below / 79% retracement fib level (157.200). There's some news event for JPY coming out Sunday at 7:50 EST to which I wonder if this will drive price down to support at 157.200
After Daily SSL, high probability to long AUD/NZD to the D-OBAs price cleared sell side liquidity (SSL), it can be fuel to go long to the next draw on liquidity (DOL) at the Daily OB 1.08500. The m15 shows the smaller price action of what could happen early to mid next week.
XAUUSD OAK Spider Trend Analysis and 2023 Closing ForecastXAUUSD Gold trend lines, support and resistance level slings over a 4H fibonacci grid analysis preceding my price forecast strokes for the last quarter. A year away from my best trading day so far (23.09.29), I think I should have been posting my analysis way earlier.
With great power comes great responsibility. Trade responsibly.
OAK
Bluzelle ... The End of the Party A quick look at the look at the price action history of Bluzelle suggests that the impressive run up since midsummer has come to end ... but I've been wrong before, so I welcome your tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right?
As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception.
Although my trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION.
In this case, it is the last of those, TREND EXHAUSTION, that most indicates to me that a limit has been reached and price will fall. Furthermore, that limit has been reached BEFORE the obvious (highlighted) profit target.
There are many techniques on display here, but the most important of these is the use of Euler's number as a ratio in the Andrews Pitchfork to time measure inflection points.
This technique will appear again in my ideas and forthcoming videos. Now that I have enough followers to enable streaming, I will consider taking topic requests while I develop a programming schedule and make my first recordings.
Until then, be liquid !!!
NFLX Monthly Chart... 5 trading days to go before the close of the month... which means this last bearish candle that broke the current uptrend can still reverse... let's wait and see.. but currently it is quite bearish... adding the doji that occurred at the .618 Fibonacci retracement level (in red), the RSI not even reaching 60 before reversing and the MACD histogram starting to break down.
Zoom out and NFLX is still on a major long term uptrend... even if the price would drop substantially.
AKROUS Retraction at 50% FibThe Akro retracted to 50% Fib, where an intersection happens with a Daily Support level, and an upward trend line.
I believe that the upward trend will hold, and eventually will surpass the last high.
Overnight Rejection, Again?Bare with my ta abilities...
POC and 50% Fib being vs overnight money? Would like to see if retail can push above this
No suggestion. DYOR.
The Factors That Could Drive Gold Prices This WeekGold prices are expected to remain volatile this week, as investors digest the latest economic data and central bank policy decisions. The US non-farm payrolls report on Friday will be a key event for gold prices, as it will provide an update on the state of the US labor market.
Other key events to watch this week include the European Central Bank (ECB) policy meeting on Thursday and the US Federal Reserve (Fed) meeting on Wednesday. The ECB is expected to raise interest rates for the first time in 11 years, while the Fed is expected to keep rates unchanged.
The price of gold is currently trading near the lower end of its recent trading range. A break below this level could trigger a sell-off, while a break above could lead to a rally. Therefore, could see gold revisit $1925.
1. US economic data: The US non-farm payrolls report, the ISM manufacturing PMI, and the ISM services PMI will be closely watched for any signs of economic weakness or strength.
2. Central bank policy decisions: The ECB and the Fed are both expected to make announcements on interest rates this week. Any hawkish or dovish surprises could have a significant impact on the price of gold.
3. Geopolitical developments: Any escalation in the Russia-Ukraine war or other geopolitical tensions could boost demand for gold as a safe haven asset.
Most accurate Ganns and Fibs on mobile I don’t know much about stocks or economy. I’m good at patterns, numbers and shapes. I started fittings Fibonacci and ganns to find patterns and I got to a point I think is really good. I made this idk how long ago. Maybe 1-2 years initially. Now we are about to go into another big fib / gan. With these fib levels you can insert smaller fibs into the smaller fib boxes and it works good as you can see.
Elliot Wave count on EGLD/USDOn this EW weekly count, it seems that we are in the buy zone. The 1-2, and 3-4 legs respect the EW rules and they hit the targets accordingly. The fib levels also confirm this scenario. This is a long-term play but the good part is that the longer the time interval the higher the probability of working out and of course the higher the payout.
COSMOFIRST-WEEKLY-LONG TRADENSE:COSMOFIRST
Stock is showing strength in weekly timeframe. As we can see Stock is not able trade below previos lows.
This week it has shown a strong green candle with "W" pattern.
I believe it is a good time to go long with 605-610 which will be around 5% or so.
Please note that "This is only for educational purpose, please manage your risk accordingly."
DXY INDEX - SHORTLooking for a rejection at these levels.
1) Fib retracement at 78.60,
2) Major Resistance level
3) Trend line reach.
BTC LONG #3 - SHORT TERMHave another setup here, theres a couple of entry points here, one is here on the button of the golden pocket... there is also a chance that we could see a wick down into the bright green area on h1 chart as this is a value area. So scaled positions could work great here. Targets are up at the m15 sell area in confluence with h1 fibb targets. will update in the comments.
GBPUSD 08/07-11 WKLY OUTLOOKBLACKBULL:GBPUSD
Time Frame H1
- Price is at a H1 - OB
- Looking for price to fill FVG that was created by NFP
Outlook 👁️🗨️
Have ours eyes set out price to retrace back into a discounted PDA
1.2713-1.2728
how the zone was created, with the fib tool (most recent swing high to swing low)
NFLX setting up Fib retracement level bounce LONGNFLX up trended starting June 1st through an upper long term anchored VWAP
to the next higher VWAP line coinciding with earnings. NFLX dropped after
good earnings probably because investors expected even better. On the 30
minute chart, NFLX has more or less completed a 45-55% retracement of that
trend up and is now sitting on the VWAP line that it crossed back in early June.
Volumes are decent above their moving average. The zero-lag shows a line
cross under the histogram which just converted to positive. I analyze this as
suitable for a long entry targeting that higher VWAP band line at 495 with
a stop loss at 415, the recent pivot low. I will take both a stock trade of
10 shares and a call option striking 475 expiring 8/18 NFLX calls have treated
Nancy and Paul Pelosi quite well for a long period and I have enjoyed smaller profits
from smaller positions in the same time frame . This looks like another opportunity.
Thinking of Buying Gold - Long Position - Check out the entry So i have used fib levels to determine my buy setup for tomorrow.
FVG is very much present below 1945 mark -Many people would be at 1945 mark with Sl of 1940 -1939, but look at my fib level. Buy from discount price which is 1937-1938 and aim for 1963 as TP2. It can go further , but with Friday being slow and weird, i would stay out if i reached my target of 1963.
My chart is very self explanatory for those who have basic knowledge.
Let me know your thoughts
ETH/USDT 1H Interval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line.
After unfolding the Fib Retracement grid, we see that the first support is at $1853, the second at $1848, the third at $1844 and the fourth at $1837.
Now let's move on to the resistances, first there is the resistance zone where the price is from $1855 to $1857, then resistance at $1860, third resistance at $1863, then fourth resistance at $1868.
The CHOp index indicates that there is still energy to move, the RSI moves around the middle of the range, while the STOCH index indicates that there is room for the price to go a little higher.
EURCAD SHORT/SELL
🔰 Pair Name : EUR/CAD
🔰 Time Frame : 4H
🔰 Scale Type : MID Scale
🔰 Direction : SHORT/SELL
📈 EURCAD Technical Analysis Update 📉
Greetings, fellow traders! 🤝 Today, we delve into the technical aspects of EURCAD on the TradingView chart.
Over the past year, EURCAD has been maintaining a monthly uptrend since July 2022. However, starting from April 2023, the pair reached its 5th wave high and has since been exhibiting signs of a shift towards the downside.
Notably, during the period between mid-June and mid-July, EURCAD successfully retested the 23.6% Fibonacci level following a robust daily breakout, creating a notable market imbalance below.
At the onset of this week, the price demonstrated fresh key highs and formed two compelling daily bearish pin bars after filling approximately 50% of the market imbalance above.
In our professional assessment, it is highly likely that the price will embark on a downward journey to retest the market imbalance left below, aiming to reach the 1.442 level. This move could potentially lead to a decisive breakout of the current uptrend channel.
Our vision for EURCAD entails a minimum target of 1.442, followed by 1.43242, as it progresses through the selling liquidity collection phase.
Keep a vigilant watch on the evolving price action, and may the markets favor your trading endeavors! 🌟 #EURCAD #TechnicalAnalysis #ForexTradingView
