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Retracement

EU Prints Three Black Crows!FX:EURUSD has printed a strong Triple Candlestick Pattern called Three Black Crows after having made a 50% Retracement of the failed Higher High @ 1.1407. This 50% Retracement found price testing a Previous Low and Resistance Zone where price now has broken a Previous Level of Structure being Support and is now on its way up to Retest this Break! If Price is able to Retrace back to the Level of Structure @ ( 1.1336 - 1.1340 ) and shows signs of Resistance, this could deliver Short opportunities to take Price down to the Next Levels of Support @ 1.131 & 1.126!
Short
by Novi_Fibonacci
Potential NEO 1H ScalpBITGET:NEOUSDT is currently testing resistance around $6.66 with RSI in overbought territory, which could trigger a short-term pullback. A 0.5–0.618 retracement into the unmitigated hourly FVG ($6.39–$6.47) could provide a compelling long entry, while allowing an RSI reset and potentially forming an IH&S pattern. The measured target for a breakout above ~$6.66 would be ~7.00 (still valid in case of a direct breakout without a pullback). Setup 1 • Trigger: Pullback to $6.39–$6.47 and reversal • Invalidation: Sustained break below $6.39 Setup 2 • Trigger: Break above $6.66 with volume • Invalidation: Failure to hold $6.66 after breakout
Long
by AliferCrypto
2
BTC Potential Short-Term PullbackBINANCE:BTCUSDT could be setting itself up for a short-term pullback. It might be forming a Daily RSI Bear Divergence, with the latest retest of the the main supply zone, and RSI Divs/Breakouts have been reliable leading signals for recent CRYPTOCAP:BTC PA. Key Levels to Watch • $119k - Measured wedge target, confirmed with last month's breakout. • $106.2k-$109.5k - Main supply and ATH, a sustained break above it would invalidate any bearish PA. • $89.6k-$91.9k - Lots of confluence here: - Unmitigated daily FVG - The 200-day EMA is sitting there - A move here would be between 0.5 and 0.618 Fib retracement of the last leg up, consistent with the typical pullback length of Wave 2 (Elliott Waves theory) - It has also been an important S/R since November 2024, and a retracement here could form an Inverse Head and Shoulders pattern. I would be patient with it, as I still see a lot of uncertainty short-term, but I think a pullback to ~$90k could offer a great long entry. Worth keeping a close eye on it.
Short
by AliferCrypto
Algorand Consolidation "Pointing" To An End??Here we can see COINBASE:ALGOUSD is about finished forming a Continuation Pattern, the Bullish Wedge! Price has made an impressive .50 increase since Trump taking office but has slipped into quite a steep Consolidation Phase where Price has made run for the 88.6% Retracement and seems to be filling out the rest of the "Point" of the Wedge! Accompanying the Chart Pattern is a Decrease in Volume as well, signaling the tight Consolidation could be looking to make a break soon! *With a True Breakout, we will want to be vigilant of multiple factors coming into play with Increase of Volume to Validate the Break of Pattern! Once the Pattern is Confirmed and a Breakout Validated, based on the "Flagpole" of the Pattern, we could expect a potential extension of price to go behind the current Swing High of .6133 and up into the .70 area!
COINBASE:ALGOUSDLong
by Novi_Fibonacci
9
Will 3 Times Be The Charm For GBPUSD??We can see FX:GBPUSD retrace a tad further up to the Volume Imbalance that was created over the weekend of April 4th - 7th. After Price made its High @ 1.3207, it was immediately rejected back down below the Past Level of Support that is now showing signs of Resistance! - Following that Higher High not only resulted in a Lower Low but also sent the RSI under 50 into Bearish Territory! Now in the ICT Methodology of Volume Imbalances, Price is likely to Test or Fill the Imbalance, then once satisfied, has a high potential to turn the opposite direction. Now a Pullback to Fill the Imbalance would land Price right at the 38.2% Fibonacci Level @ 1.28984 where if Bulls are unable to push Price back above, would be an excellent Shorting Opportunity for Bears to overcome. - RSI is now below the 50 suggesting Bulls have lost steam and strengthens the potential for more downside to occur but that would call for a Break and Retest Scenario on the Rising Support. Fundamentally, the Federal Reserve will be releasing the CPI y/y and m/m results where analysts believe there to be a .3% decrease in inflation forecasting a 2.5% CPI for March from the previous 2.8% for February. Given this, the FOMC " do not plan to come to rescue Trump with rate cuts" and insist that all the Tariff pressure will actually be a reasoning for Inflation to Rise! So if CPI ends up printing Hotter than Expected (Higher), we could see a renewed strength in the USD.
Short
by Novi_Fibonacci
NVDA Short Term BuyPrice is currently consolidating within a tight range, and a breakout appears imminent. I am looking for a clean break above resistance, followed by a retest of the breakout level, which could provide a strong buy opportunity. If this setup plays out, the next key target would be the $135 level. However, this move is likely to be a short-term retracement within a larger downtrend. If price struggles to sustain momentum above $135 and shows signs of weakness, it could indicate a continuation of the broader bearish trend. Confirmation will come from price action signals and volume dynamics on the retest.
NASDAQ:NVDA
by TheLionsShare
XRP Weekly-Monthly Analysis / Retracement Levels for BuyWeekly - Monthly trend: Bearish Chart Pattern: Head & Shoulders (H&S) - Continuation Pattern Retracement Fib Price Levels: 0.00% (3.4000) 23.60% (2.6879) 38.20% (2.2474) 50.00% (1.8914) 61.80% (1.5353) 78.60% (1.0284) 100.00% (0.3827) Good prices for buy: 61.80% (1.5353) – Golden Zone / Golden Pocket 78.60% (1.0284) – Entry Zone Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the Neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’
COINBASE:XRPUSDLong
by JohnA97
5
XAU/USD Gold - Both Side Long 30% / Sell 70% Point of InteresetHi everyone, i try to share some idea, feel free to leave a constructive comment to improve my skills ;) As the GOLD drop on friday, it could be a simple retracement on the 4h TF but in daily the gold rally does not really retraced on previous level. I should look at 2867 level (Key point 1) to be deterministic if we break the structure it may go to 2830 (Key point 2) and may bounce to 2900-2923 (Key point 3) to mitigate FVG and start the retracement to the 2700 to end the retracement on the OTE around 2700. If the break of structure fail on (Key point 1) we may bounce directly to (Key point 3) around 2900-2923 and then retrace to the OTE 2700. If the price breaks 2927 i will consider a bullish continuation and will find another entry after this break to target 3000. At this moment my feeling is more bearish than bullish. As the TA suggest that the bearish is near and the last economics are in this favor. my opinion may change during asian session and the price action on 2867 Key level. I wish luck to everyone. Kind Regards Niko
FUSIONMARKETS:XAUUSDShort
by Niko13821
ETC On Vital Trendline Retracement !Ethereum Classic (ETC/USDT) is showing promising signs of bullish momentum following its breakout from a descending triangle formation. The price is currently consolidating above the trendline, indicating that the breakout level is holding as a strong support. This consolidation phase often precedes the next leg of a price movement, as the market builds strength for a potential continuation. At the current price of $27, Ethereum Classic appears to be in a retesting phase. This is a critical moment where the price tests the breakout level to confirm it as support. Successfully holding this level would reinforce the validity of the breakout and provide confidence for further upward movement. A significant factor to watch here is volume. A notable spike in trading volume would signal strong buying pressure, which could drive the price higher. If this occurs, the next resistance to overcome lies around $31, and surpassing that could lead ETC toward the $35 to $40 range, based on historical price action and the measured move from the triangle breakout. If the price fails to maintain support above the $25.50-$27 range, it could lead to a deeper pullback, invalidating the bullish scenario. This makes the current consolidation phase a crucial moment for traders to watch. Ethereum Classic is positioned for a potential upward move, provided it holds above the trendline and volume supports the breakout. Patience and vigilance are key as the market awaits a decisive push.
Long
by wolfchemist
1
Solana's "Impulse" ATH Bound To ContinueWave 1) Low @ $110 to All Time High @ $264.63 - Wave 2) Golden Ratio Retracement from ATH to $169.22 - Wave 3) Price Exhaustion around $323.54 After Valid Break - Wave 4) Retracement to Previous Break of Structure - Wave 5) Final Leg Before Correction - The announcement of the Official Trump coin being launched has started an interesting turn of events and may be helping usher COINBASE:SOLUSD into an Elliot Impulse Wave! With the Solana-based meme coin reaching $8 Billion in Market Cap, value increase by 300% and $1 billion in trading volume we see COINBASE:SOLUSD at an $118 Billion Market cap, currently 15% value increase on the day and close to $14 Billion in trading volume! In a couple of days, the Pro-Crypto Trump Administration who plan to make "US the Crypto Capitol of the World" is pegged to take Office in just a couple days with expectations of actions being taken that will start to boost the Crypto Market. I suspect we will see the Extension of Wave 3 that will break Wave 1 confirming the sequence in which we will be looking for Price to Exhaust around the $323 area to then start Wave 4 by Pulling back to Retest the Break of Previous Structure being the High of Wave 1. IF support is then found, we could see the Final Leg of Wave 5 with a Range Target @ ( $418 - $477 )
COINBASE:SOLUSDLong
by Novi_Fibonacci
I know what's NEXT for Bitcoin!I recently shared two thoughts on Bitcoin price action to come.. In one of them I call for a retrace to 85K or lower, in the other I call for a new ATH. I know this might be a bit confusing so let's shed some more light on it. Here you see BTC on the 1W Timeframe. I am using the Dynamic Fib Retracement indicator to do some trend analysis based on Fibonacci. The blue colored zone/band is the golden pocket as calculated by the indicator from pivot highs/lows within a certain lookback range. The lines are the 0.236 (Preliminary), 0.382 (Secondary) and 0.5 (Median) Fibonacci retracement lines calculated in the same way. The purple line is the 1.618 retracement line (aka the ''Target Line''). Now you understand this I can explain my thought process: Scenario A (Bullish) If price can manage to get back above the blue preliminary fib line and hold that range (around $98,550), I am convinced we see a new ATH for Bitcoin. The purple target line suggests the target for that would be around $117,000+ USD per BTC. Scenario B (Bearish) If price cannot get back above the blue preliminary fib line and finds resistance in that range around $98,550, I am convinced we see a bigger retracement for Bitcoin. The blue zone/band suggests the target for that would be around 80-83K USD per BTC as of right now, but this golden pocket band will slightly adjust higher so lets say $85,000 per Bitcoin. Do you agree or do you have other ideas? Let me know!
by poolsideliquidity
Coca-Cola (KO): Is Risk-to-Reward Favorable Now?We have been filled on our second entry on $KO. Coca-Cola is now back trading within its range, and with the first bullish divergence on the RSI appearing, we believe that despite the current weak chart structure, the risk-to-reward ratio and dividend yield make this a worthwhile opportunity. As a traditionally slow-moving stock, Coca-Cola could gain some momentum if market focus shifts back from risk-on assets to safer, dividend-yielding stocks like $KO. This transition could provide the stock with room to grow. Key to the next move will be reclaiming the resistance at $65.14. As long as $59 holds as support, we remain optimistic. With our stop loss in place, this trade remains secure, and we are well-positioned for any developments. We are also working on improving how past analyzed assets are displayed for easier tracking. 🫡
NYSE:KOLong
by freeguy_by_wmc
EUR/USD shorts to take key levels of liquidity belowI am expecting EUR/USD shorts this week as the Euro tends to align with the pound. overall from my HTF analysis the euro is bearish but we can expect price to retrace in order to further push down. However, this week we see one of two options, price either pushing up to take the ASH created from market open before continuing in the downtrend from the 45min supply. The second option price will push up to the 4h supply, validating the 2h demand that lays below ensuring price pushes up which will be it's HTF retracement before price overall comes to the downside. we will see how price plays out this week from market open and its intentions will become slightly clearer on Monday and we will then better understand if price is ready to make its retracement or price wishes to continue down further.
Short
by JamelCapital
Trading Timeframes: Measured Moves and ContextIn the previous post, we introduced the concept of measured moves, a structured framework for estimating future price behavior. This method is based on the observation that each swing move tends to be similar in size to the previous one, assuming average price volatility remains consistent. While not exact, this approach offers a practical way to approximate the potential extension of a swing move. A common question that arises is: which timeframe should you use for measured moves, and how do you choose the correct swing move? These questions open up a completely different and important topic. Imagine analyzing a chart across three timeframes: daily, weekly, and monthly. You’ve projected a viable measured move on each chart. Now, ask yourself: which projection is the correct one? Where is the move most likely to play out? Daily Weekly Monthly The reality is that there is no singular “correct” answer. The appropriate measurement depends entirely on your purpose as a trader, the timeframe you operate in, and trading style. The Fractal Nature of Price Action Price action is fractal by nature. Regardless of whether you’re observing a 30-minute chart, a daily chart, or a weekly chart, the price displayed is the same in real time. However, the purpose of charts is to provide context. Each timeframe offers a unique perspective on how price has developed. For example, a 5-minute chart may reveal details about intraday movements while a daily chart condenses those details into broader a broader structure and context. These perspectives may align or contradict one another, they can confirm or challenge your biases. The key takeaway is that charts and timeframes are tools to contextualize price, not definitive answers. Defining Your Trading Timeframe To navigate the apparent contradictions between timeframes, start by defining your trading timeframe. This is where you analyze price structure, execute trades and define holding periods. This will answer the opening question: measured moves and other tools should in preference align with your trading timeframe. In case one wants to consider context, for various reasons, then multiple timeframes can be utilized. These act as a complement, not replacement. Here’s how different timeframes can be used for context. Higher timeframe: Moving one timeframe up will compress the price data, providing a broader context, but at the expense of detail. Lower Timeframe: Moving one timeframe down will reveal intricate details, but can introduce excessive noise. The balance between these components should match your trading style. Without a clear and defined approach, there is a risk of confusion and contradictory biases. The Concept of "Moving in Twos" Another, more anecdotal observation in price movement is the idea of “moving in twos.” This concept suggests that price often moves in sequences of two swings: an impulse move, followed with a pullback, which then repeats. There tends to be some price disruption after this has played out, but does not always imply that trend movement must stop after two moves. However, measured moves tend to align more reliably with these sequences. While not a scientifically validated principle, this concept has been discussed by traders such as Al Brooks, Mack and more. It provides a practical heuristic for applying measured moves more consistently. Practical Application To apply these ideas, consider the following: Define your trading timeframe. Use it as the primary basis for your measured move projections. If needed, incorporate one higher or lower timeframe to balance context and detail. However, these additional perspectives should not overrule your primary focus. Think in terms of “moving in twos.” Use this concept to locate sequences. This post was about the relationship between timeframes and the fractal nature of price action. The focus is on our role as traders and how we decide to operate, rather than absolute answers. This might be clear to most, but if not, take some time to think about and define your trading style.
NASDAQ:QQQEducation
by StockLeave
XRP updated price analysis & forecast: 3.1-3.3 is coming soon!!updated analysis on most recent price action indicates a strong buy sequence to 3.1-3.3 range to occur over this next wk, TO BE FOLLOWED BY the FINAL (aggressive) retracement to 1.5 -1.6 zone!!! **if we get any dips in price to 2.15-2.2 range BEFORE running to 3.1-3.3, it'll remain a buy opportunity imo until 3.1-3.3 is reached... I'm expecting the final discount window to occur by 12/12-14 dates...should witness the selloff/retracement in price to the 1.50 liquidity target level, which will be an amazing final chance to increase XRP position size after taking partial profits around 3.1-3.3 (my thoughts/trade plan)
BITSTAMP:XRPUSD
by DaveTradesLive
How Far Can Giants Like BTC Fall?? Possibly to $75K-$65KBefore BITSTAMP:BTCUSD can continue to make more All Time Highs, Structure must be created to sustain Higher Prices by testing Previous Levels! These levels consist of a Potential 20 - 30% decline or roughly GETTEX:29K - $21K drop in Price, impossible?? Two Reasons why it may not be: 1) South Korea's temporary Declaration of Martial Law seen Bitcoin Price take a 33% drop to FWB:65K before recovering to $95K. At times of tension or uncertainty, Bitcoin can still be affected regardless of how Bullish it may be! 2) After the November 2021 All Time Highs of $69K stood the goal mark for Price to beat, it took a 77% or $53K drop in Price in just a year. Now seeing as how Bitcoin formed a Bull Flag @ $73,835 after surpassing the November 2021 Highs and then Broke Bullish after the Trump Administration Presidential win, bias on Bitcoin remains overall Bullish and I believe Price just needs to make a slight Retracement to a Previous Level to find more Support, and that Support ultimately will be Businesses, Corporations and Countries Buying BITSTAMP:BTCUSD at Lower Prices! The RSI Divergence from Price's Highs and the waning of Bullish Volume suggests that Bulls are losing power and supports the idea of a Price Decline. *Be on the look out for Price to Pullback to Retest the Previous High of $73,835! *Fibonacci Retracement from Low @ $49,050 to High @ $99,860 lands our Previous Highs and Closes right around very favorable retracement levels as Potential Pullback levels as well!
COINBASE:BTCUSDLong
by Novi_Fibonacci
1