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Fibonacci

Gold CFDs: Strategic Buy and Sell InsightsAlexGoldHunter FXOPEN:XAUUSD Technical Analysis and Strategy for CFDs on Gold (USD/OZ) Technical Analysis: Price Action and Trend Lines: The chart shows a downtrend with lower highs and lower lows, suggesting bearish momentum. The price is currently around $2,635.779, showing a slight decrease of 0.651 (0.02%). Support and Resistance Levels: Resistance Levels: $2,659.460, $2,655.641, $2,655.604, $2,647.680. Support Levels: $2,622.765. Volume Profile: High trading activity around $2,650.000 suggests strong support/resistance at this level. Indicators: RSI (Relative Strength Index): 37.87, indicating approaching oversold conditions. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, with a bearish crossover and both lines trending downward. BOS (Break of Structure): Multiple annotations indicating significant price movements breaking previous support or resistance levels. FVG (Fair Value Gap): Areas where the price moved rapidly, leaving gaps that might be filled later. ChoCH (Change of Character): Indicates potential reversal points. Buy Strategy with Confirmations Entry Point: Look for a reversal signal around the support level at $2,622.765. Confirmations: RSI below 30, indicating oversold conditions. Bullish candlestick pattern (e.g., hammer, bullish engulfing) near the support level. MACD bullish crossover (MACD line crossing above the signal line). Volume increase on bullish candles. Stop Loss: Place a stop loss slightly below the support level at $2,622.765. Take Profit: Set initial take profit at the nearest resistance level, $2,647.680, and adjust based on price action. Sell Strategy with Confirmations Entry Point: Look for a continuation of the downtrend after a pullback to resistance levels around $2,647.680 or $2,655.604. Confirmations: RSI above 70, indicating overbought conditions. Bearish candlestick pattern (e.g., shooting star, bearish engulfing) near the resistance level. MACD bearish crossover (MACD line crossing below the signal line). Volume increase on bearish candles. Stop Loss: Place a stop loss slightly above the resistance level at $2,655.604. Take Profit: Set initial take profit at the nearest support level, $2,622.765, and adjust based on price action. This analysis provides a comprehensive view of the current market conditions and potential trading strategies based on technical indicators and key levels. If you have any further questions or need additional analysis, feel free to ask! 😊
TVC:GOLD
by Alexgoldhunter
Monday trading session's key Trading levels & scenariosKey Levels to Watch: 1️⃣ Demand Zone: $2,645–$2,650 (previous support or unmitigated order block). 2️⃣ Supply Zone: $2,662–$2,665 (recent resistance or breaker block). Scenarios to Consider: 1️⃣ Bullish Continuation If the price holds above $2,650 area and forms higher lows on M1/M5, watch for bullish momentum. If a gap is created at opening and filled you can enter too. 2️⃣ Liquidity Sweep Price might retrace to $2,640 area, sweeping liquidity near support before resuming bullish momentum. Wait for price to grab liquidity below $2,645 and look for reversal signs, MSS on M1 is my usually confirmation. Targets: For both scenario the target is $2,665 (supply zone). If a bearish scenario take place at opening, I will not be trading right away, I will observe and re-adjust my plan. Always wait for confirmation before entering trades and manage your risk carefully. The market can be unpredictable, so adapt as price action unfolds. What’s your view? Feel free to share your thoughts below!
OANDA:XAUUSDLong
by Med_In_Trade
APP: price in the important macro-ristance True market leader of past and this year, both fundamentally and technically, is approaching an important mid-term resistance zone of the uptrend from 2022 lows: 322-370-470. Although the uptrend on the date of writing is very intact and looks strong (since august lows price respects 8/21 ema), these resistance area might provide profit taking or position hedging opportunities for both swing/position traders and investors. These might become especially important when/if price starts trading bellow 8/21 with ema reversing their slope to the down-sideß. Until price is bellow 470, next important, mid-term support zone 255-175. While price is above 175 resistance level, suggested macro up-trend structure is valid with higher potential price levels in years to come. Thank you for your attention! P.S. This is my biggest mistake and investing regret from last and this year. Had a perfect entry on 10th of July with 26.68 cost level and long-term hold-intentions but ended treating it as a short term swing position loosing big picture view, selling everything on 14th of July and moving it out from my focus list. Good to observe and reflect from this experience of mine and move on being inspired by life-changing potential of TML's like NASDAQ:APP : )
NASDAQ:APP
by artemfedorov
Alikze »» XRP | Wave 3 or C bullish scenario - 1D🔍 Technical analysis: Wave 3 or C bullish scenario - 1D - Ripple is moving in an ascending channel in the weekly time frame. According to the current momentum, it can touch the range of 93 cents in the first step, which is an important supply area. - Before hitting the supply area, he can break the roof of the channel and after hitting the supply area, he can have a correction or pullback to the broken channel roof. - According to the previous structure that had a zigzag modification; It currently has a zigzag reversal to the upside, which could touch the targets indicated on the chart. ⚠️ In addition, according to the current structure, the price should not enter the Invalidation LVL range, in which case it should be reviewed and updated again.⚠️ »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« OKX:XRPUSDT
Long
by alikze
4
Cup and Handle Formation Determined by Fib Ext. LevelsICP is currenty trading the handle portion of a cup and handle formation which has significance through the use of fib levels. The formation we are currently seeing seems to be a valid cup and handle formation as the handle is, at most, half the height of the cup, and consolidation of the bottom of the cup. Typically, the height of the cup is proportional to the size of the breakout from the top of the cup and handle. As we can see with the Fibonacci levels, from the bottom of the handle to the top of the formation, we reach the inverse-golden ratio level, 0.68. Alongside this, we see that the assumed breakout height reaches near past the golden ratio level, 1.618. This level in particular, depending on the amount of buying pressure during the breakout, we may see the 1.618 turn into an extremely rigid level of resistance, if not support. Keep in mind, there may be a retest of the top of the formation from the 1.0 or 0.786 levels, the result of which would further determine the strength and direction of price action. Obligatory this-is-not-financial-advice. -Mister E.
COINBASE:ICPUSDLong
by MisterEuclid
Moon bois, FOMO and gamblers will shit their pants!Middle term view of NVDA price action if correction continuous (based on fib levels) 1) Over all market is overvalued as well as NVDA stock; 2) everyhing priced in already; 3) Lot's of moonbois fomo and gamblers are in which is main bearish signal; 4) we have uncertainty about Trump, he's an as=hole and everybody knows it; 5) geopolitical problems and wars around the world; 6) Bearish divergence on weekly TM; 7) No volume, pure pump by MM's; 8) Fakeout previous ATH; Just a little food for thought, make decision yourself wish you lucky and all the best
NASDAQ:NVDAShort
by besikmurjikneli
2
The History of Forex Trading: How It All Began Ever wondered how forex trading became the massive, 24/5 global market we know today? Here’s a quick look at its fascinating journey: 1️⃣ The Gold Standard Era (1870s–1930s) Forex trading originated when countries began linking their currencies to gold. This system created fixed exchange rates but collapsed during the Great Depression due to economic instability. 2️⃣ Bretton Woods Agreement (1944–1971) After World War II, nations agreed to peg their currencies to the US Dollar, which was backed by gold. This made the USD the world’s reserve currency and gave rise to modern foreign exchange systems. 3️⃣ Floating Exchange Rates (1971–Present) When the Bretton Woods system ended, currencies began to "float," meaning their values were determined by supply and demand in the market. This shift created today’s forex market, where traders speculate on fluctuating currency prices. 4️⃣ The Rise of Retail Forex (1990s–2000s) The advent of the internet and trading platforms like MetaTrader brought forex to individual traders. What was once reserved for banks and institutions became accessible to anyone with an internet connection. 5️⃣ Today’s $7.5 Trillion Market (2020s) Now, forex is the largest financial market in the world, with $7.5 trillion traded daily. Traders from every corner of the globe participate, using advanced tools and strategies to navigate this dynamic market. Forex has come a long way, and we’re part of its exciting evolution. What do you think the future holds for forex trading? AI tools? Crypto integration? Let me know in the comments!
by Safaric
New alt postion Well (moonwell)After realizing we are about to be in full blown alt season I am adding some risk and spreading some bets. Well is a more fundamental pick for me, they are on two popular chains, base and moonbeam. They also have a high amount of TVL in their stablecoin lending products. I have started to deploy my USDC into this risky bets. TA wise I like this setup, we see a break from a rising bottom, and higher highs. Plenty of room on the weekly stochastic, and BBWP is not at extremes.
Long
by Apollo_21mil
TSLA: Buy Strategy with Key Confirmations for a Bullish BreakoutAlextGoldHunter Analysis and Buy Strategy for Tesla, Inc. (TSLA) Technical Analysis: Price Levels and Fibonacci Retracement: Current Price: $345.11 Recent High: $357.70 Recent Low: $332.09 Key Fibonacci Levels: 0.382: $330.7058 0.5: $322.08 0.618: $313.4542 0.705: $307.0945 0.786: $301.1734 Volume Profile: High trading activity around the $330-$345 range, indicating strong support and resistance. RSI and MACD: RSI: 57.78, indicating neutral to slightly bullish momentum. MACD: Shows a recent bullish crossover, suggesting upward momentum. Key Patterns and Zones: Several Fair Value Gaps (FVG) marked, indicating areas where price may return to fill gaps. Break of Structure (BOS) and Change of Character (CHoCH) annotations indicating significant shifts in market structure. Buy Strategy with Confirmations Entry Point: Consider entering a buy position if the price breaks above the recent high of $357.70 with strong volume, confirming a bullish trend continuation. Alternatively, look for a bounce from the 0.382 Fibonacci level ($330.7058), which could act as strong support. Confirmations: Ensure the RSI is above 50 and trending upwards, indicating bullish momentum. Look for a bullish crossover in the MACD, with the MACD line crossing above the signal line. Confirm that the price is above key moving averages (e.g., 50-period and 200-period) to ensure the trend is upward. Stop Loss: Place a stop loss below the 0.618 Fibonacci level at $313.4542 to limit potential losses. Take Profit: Set a take profit target at the next significant resistance level, which could be around $370-$380, based on historical price action and volume profile. This analysis provides a comprehensive view of the current technical setup for Tesla, Inc. (TSLA) and outlines a potential buy strategy with key confirmations and risk management. If you have any further questions or need additional analysis, feel free to ask! 😊 NASDAQ:TSLA
NASDAQ:TSLALong
by Alexgoldhunter
SNS on Solana updateHad some haters on this token a while back despite both of my PT hitting perfectly. I share this again as AI tokens heat up and this thing rips to the top of the range while making higher highs. My target is 7 cents at a prior double top. Mid range target is 10 cents. This token is under many people's radars. The data learning model they have is leagues above many much higher market cap tokens, I think this will be my 50x of the cycle and I have averaged into this with previous profits
Long
by Apollo_21mil
XRP/USDT: Key Buy and Sell Strategies for Maximum GainsAlexGoldHunter Analysis and Strategy for XRP/USDT BINANCE:XRPUSDT Technical Analysis: Price Levels: Current Price: 1.8994 USDT Resistance Levels: 1.9074 USDT, 1.9187 USDT Support Levels: 1.8666 USDT, 1.5409 USDT Trend Analysis: The chart shows an uptrend with multiple "Reversion" points indicating potential pullbacks or corrections. "BOS" (Break of Structure) annotations suggest areas where the price structure has broken, indicating potential trend changes. Volume Profile: High volume nodes are visible, indicating areas of significant trading activity which can act as support or resistance. Indicators: RSI (Relative Strength Index): Currently at 53.30, indicating a neutral market condition. MACD (Moving Average Convergence Divergence): Shows a bearish crossover with the signal line above the MACD line, suggesting potential downward momentum. Buy Strategy: Entry Point: Look for a price reversion at a key support level, such as 1.8666 USDT. Confirm with RSI moving above 50 and MACD showing a bullish crossover. Confirmation: Break of a recent "BOS" level to the upside. Increased volume at the support level. Stop Loss: Place a stop loss below the next significant support level, such as 1.8500 USDT. Take Profit: Target the next resistance level, such as 1.9074 USDT or 1.9187 USDT. Sell Strategy: Entry Point: Look for a price reversion at a key resistance level, such as 1.9074 USDT. Confirm with RSI moving below 50 and MACD showing a bearish crossover. Confirmation: Break of a recent "BOS" level to the downside. Increased volume at the resistance level. Stop Loss: Place a stop loss above the next significant resistance level, such as 1.9200 USDT. Take Profit: Target the next support level, such as 1.8666 USDT or 1.5409 USDT. Summary of Signals Buy Signal: Entry: Above 1.8666 USDT Exit/Take Profit (TP): 1.9074 USDT, 1.9187 USDT Stop Loss: Below 1.8500 USDT Sell Signal: Entry: Below 1.9074 USDT Exit/Take Profit (TP): 1.8666 USDT, 1.5409 USDT Stop Loss: Above 1.9200 USDT
by Alexgoldhunter