XAGUSD BUY OPPORTUNITYOANDA:XAGUSD
Bullish Stracture. Broken Stracture to the upside . possible Buy Opportunity.
Fibonacci
AUDUSD SELLING OPPORTUNITY.FX:AUDUSD
Grabbed Liquidity and Broke stracture to the downside with good momentum.possible short opportunity.
GBPAUD BUY OPPORTUNITY.OANDA:GBPAUD
Gbpaud
Higher Time structure is bullish. 4H tf we got break on the upside with good bullish momentum. possible buy opportunity if it retrace back to 0.5 level.
$APT 1D | HTF w/ Market Structure notesI am following this chart and took some notes on the market structure of Aptos which is very useful for the future price action. As long as we defend the swing low, " S-LOW " the price tends to go to the higher levels.
Happy Trading
"GBP/USD: Expert Buy/Sell Strategies"FX:GBPUSD Chart Analysis: GBP/USD 1-Hour Timeframe
Current Market Structure
Price Level: The price is currently trading around 1.27749.
Resistance Zone: Around 1.27800 (marked as RB).
Support Zone: Around 1.27435 (marked as BB).
Market Volatility: Multiple Break of Structure (BOS) and Change of Character (CHoCH) points indicate a volatile market with frequent shifts in sentiment.
Buy Strategy
Confirmation: Wait for the price to break above the resistance band (RB) at 1.27800 with a strong bullish candle.
Entry: Enter a buy position once the price closes above 1.27800.
Stop Loss: Place a stop loss below the recent swing low or below the support band (BB) at 1.27435.
Take Profit: Target the next significant resistance level or use Fibonacci extensions for potential targets.
Sell Strategy
Confirmation: Wait for the price to break below the support band (BB) at 1.27435 with a strong bearish candle.
Entry: Enter a sell position once the price closes below 1.27435.
Stop Loss: Place a stop loss above the recent swing high or above the resistance band (RB) at 1.27800.
Take Profit: Target the next significant support level or use Fibonacci retracement levels for potential targets.
Additional Confirmations
RSI: Look for RSI to be above 70 (overbought) for sell signals and below 30 (oversold) for buy signals.
MACD: Look for MACD line crossing above the signal line for buy signals and below the signal line for sell signals.
Volume: Ensure there is significant volume supporting the breakout or breakdown to confirm the move.
This should provide you with a structured approach to trading the GBP/USD pair based on the current chart setup and technical indicators. If you have more specific questions or need further clarification, feel free to ask! FX:GBPUSD
EUR/USD: Profitable Trading TacticsFX:EURUSD Key Observations:
Current Price: 1.06413 USD
Significant Levels:
Order Block (OB): 1.06413 USD
Resistance: 1.05529628 USD
Support: 1.06413 USD
Technical Indicators:
Volume Profile: High trading activity around 1.06413 USD
Relative Strength Index (RSI): Currently around 46.95, suggesting neutral conditions
MACD (Moving Average Convergence Divergence): Shows a bearish momentum with the MACD line crossing below the signal line
Fibonacci Retracement Levels:
0.618: 1.05413264 USD
0.705: 1.05473090 USD
0.786: 1.05529628 USD
Buy Strategy:
Entry Point:
Consider entering a buy position if the price retraces to the support level around 1.06413 USD or the lower Fibonacci levels (0.618 or 0.786).
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) and a bounce from the support level.
Ensure the RSI is not in the overbought zone and the MACD shows a bullish crossover.
Target:
Set the target around the resistance level at 1.05529628 USD or higher Fibonacci levels.
Stop Loss:
Place a stop loss below the support level or the recent swing low.
Sell Strategy:
Entry Point:
Consider entering a sell position if the price reaches the resistance level around 1.05529628 USD and shows signs of reversal.
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) and a rejection from the resistance level.
Ensure the RSI is in the overbought zone and the MACD shows a bearish crossover.
Target:
Set the target around the support level at 1.06413 USD or lower Fibonacci levels.
Stop Loss:
Place a stop loss above the resistance level or the recent swing high.
By following these strategies and confirmations, you can make informed decisions based on the observed chart patterns and technical indicators. Happy trading!
Gold Spot Analysis: Key Entries & ExitsFXOPEN:XAUUSD Gold Spot Analysis: Key Entries & Exits
Key Observations:
Current Price: 2,694.57 USD
Significant Levels:
Order Block (OB): Around 2,642.27 USD
Resistance: Around 2,694.57 USD (Equal Highs)
Support: Around 2,642.27 USD
Technical Indicators:
Volume Profile: High trading activity around 2,642.27 USD
Relative Strength Index (RSI): Currently at 73.58, indicating overbought conditions
MACD (Moving Average Convergence Divergence): Bullish momentum with the MACD line above the signal line
Fibonacci Retracement Levels:
0.382: 2,682.41504 USD
0.5: 2,678.37 USD
0.618: 2,674.3246 USD
0.786: 2,671.34246 USD
Buy Strategy:
Entry Point:
Consider entering a buy position if the price retraces to the support level around 2,642.27 USD or the lower Fibonacci levels (0.618 or 0.786).
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) and a bounce from the support level.
Ensure the RSI is not in the overbought zone and the MACD shows a bullish crossover.
Target:
Set the target around the resistance level at 2,694.57 USD or higher Fibonacci levels.
Stop Loss:
Place a stop loss below the support level or the recent swing low.
Sell Strategy:
Entry Point:
Consider entering a sell position if the price reaches the resistance level around 2,694.57 USD and shows signs of reversal.
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) and a rejection from the resistance level.
Ensure the RSI is in the overbought zone and the MACD shows a bearish crossover.
Target:
Set the target around the support level at 2,642.27 USD or lower Fibonacci levels.
Stop Loss:
Place a stop loss above the resistance level or the recent swing high.
By following these strategies and confirmations, you can make informed decisions based on the observed chart patterns and technical indicators. Happy trading!
#XRP/USDT 12h / Elliott-Fibonacci-Financial ChannelAccording to Elliott Wave theory, the price rose during the impulsive first wave and corrected in the second wave as an ABC zigzag to the 0.382 Fibonacci level. This aligns with Elliott's rules, suggesting that the correction of the fourth wave will likely be at 0.5 - 0.618.
Based on the impulse of the first wave, the target for the third wave is 4.25, followed by a correction within the fourth wave.
Using Fibonacci projections by shifting the grid from the start of the first wave impulse to the end of the second wave, the target for the third wave aligns with Fibonacci 1.618 (5.82). Without shifting the Fibonacci grid, the target for the third wave at Fibonacci 1.618 is 4.40.
To confirm this scenario, the price must break above the peak of the descending financial channel. Successful trades!
LTC gets a strong reboundHello everyone, I invite you to review the LTC pair to USDT chart, looking at the one-day interval.
As we can see, the price moved dynamically from the downward trend line, but here we can also see a sharp return near the trend, as well as a drop to a very strong support zone from $107 to $96, if the zone does not maintain the price, we will be able to observe an equally rapid decline to support at $83.
Here it is worth looking at the place where the price made a quick change in direction, as you can see, we bounced off the strong resistance zone from $142 to $152, only the exit from this zone can give positive energy for an upward movement towards the second resistance zone from $200 up to $214.
It is worth looking at the RSI indicator, which shows how the downward movement resulted in a rebound close to the support line, which leaves room for a new future price increase.
#BTC - Ready to pivot and head to 108k
In my latest post I mentioned that we might visit 93-95k. Sadly for alt coins that resulted in a massive bloodbath, but fear not, it is a healthy pullback meant to clear leverage, that will fuel the next move on #BTC
What's next for BINANCE:BTCUSDT ?
1. After the reaction swing high to 102k price now retraced into the 0.618 zone
2. It also fits perfectly on the fib time zone, and as we've seen in the past, it signalled almost perfectly the reversal in the trend
3. Given the massive sell-off from alts, I believe now it has enough strength to move to the extension zone which is around 108k
4. Based on the impulse we should know if it's just a manipulation or it will continue to go higher
Personally I think we should see another sweep from 108k to 90-95k, and only afterwards we can continue higher to 120k
What are your thoughts?
In the Golden Zone. Will it Retrace?Based on the Fibs i think it can retrace back up. Had to have a pull back.
JUST A RETRACEMENTdont worry guys just a retracement we are going through, major alts also bleed so no worry. cant go to moon in a single move, correction is inevitable . we are in alt season let btc.d break its support then see the magic MEXC:TUPUSDT BITGET:TUPUSDT
SPOT pullback to $408MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price at 4.618 Fibonacci level
In at $457.50
Target is $408 or channel bottom
No stop loss.
LYV spikes to $140, then pulls back to $120MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price near 4.618 Fibonacci level
Calling top around $140
Downside target is $120 or channel bottom
manual stop loss
Almost HalfThe rise since June has retraced almost half of the Fibonacci retracement.
As the trend is intact and the level reached is the intermediary top of May it may be a good time to build a position to profit for the continuation of the trend.
GOLD → Breaking through channel resistance. Growth attemptGOLD is coming out of the channel. Bulls are trying to take the situation into their own hands and keep the defense above 2665. The metal has a chance for local return and growth to 2690 - 2720.
Growing geopolitical tension in the Middle East (Syrian government collapse) compensates local growth of the dollar, which is generally favorable for the metal.
But, risks of dollar growth remain on the background of inflation growth in the U.S., which in general can strengthen the hawkish position of the Fed policy makers on the interest rate.
At the moment all attention is focused on CPI / PPI. Profit-taking is possible due to high risks.
Gold is coming out of the local channel, but is still trapped inside the global channel. Price may test the zone of interest before important economic data.
Support levels: 2660, 2655, 2636
Resistance levels: 2673, 2688, 2721
The breakout took place and the metal is trying to go up. The target is 2688. But we should be careful, because geopolitical tensions, upcoming economic data may cause corrections and profit taking
Regards R. Linda!
POV: MAHASEAMLES - DROP - BASE - RALLYPOV: MAHASEAMLES - DROP - BASE - RALLY
Chart Reading:
Background:
On December 3rd, I entered this stock at a swing high breakout after observing the following parameters:
1. A Double Bottom pattern (A1 - A2) formed at the Fibonacci 0.618 level.
2. This was followed by a Double Top pattern (B1 - B2).
3. Momentum and trend aligned perfectly, indicating synchronization.
This entry provided the expected move with unexpected speed, reaching Target 1.
Today, I observed another significant pattern currently forming: DROP - BASE - RALLY.
If the upcoming session gives a pullback before crossing the gap zone,
it would present a strong setup to aim for the pattern target and Target 2.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
#NiVYAMi
Incredible SpikeWe saw an incredible spike of this stock this week. It has been retraced immediately.
There must be a new buying interest that has been driven to a hyperbole by short term speculators who took profit as soon as the rise came to a halt.
I assume that this spike would not have been possible without the existence of more serious buyers I am taking the chance of the 62 % retracement to take a first long position.
$XRPUSD Fibonacci countNot Financial advice.
This is just a study NOT financial advice.
BITSTAMP:XRPUSD seems like it started it's correction for wave 2. will see if it holds and bounces at the bottom yellow line.
Curve DAO CRV price analysis🤑 Did it really happen?) CRYPTOCAP:CRV price has finally “really” come out of the 3-year down trend. A confident breakout, on high volumes, "just like a book says".
💰 Now OKX:CRVUSDT price has hit the mirror level, so we can assume that the correction may be delayed to gain strength to break higher.
A correction in the range of $0.43-0.67 fits into the canons of wave analysis and will not break the structure and growth trend.
And the global 5th wave of growth #Curve DAO token can be expected at least to $4.10-5.50
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Range of pullback in an uptrend 59 is the support level to keep an eye on today otherwise we are heading to a bigger correction
$SWFTCUSD Fibonacci countNot Financial Advice..
This is just a study NOT financial advice. It seems like it complete the move on wave 3. if it doesn't break below yellow line will create a consolidation (wave 4) before it resumes for a new move up (wave 5)
