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GDDY heads up at $122.62: Golden fib Triple Top? or Break-n-Pop?GDDY at All Time Highs right up against a Golden Genesis fib. It has tested three times now, now looks likely to break out. I prefer a Break-n-Retest entry, others might take the break. Next fib is a big jump, so need ample fuel before attempting. It is PROBABLE that we break and retest a few times. It is POSSIBLE that we pullback from here to reload. It is PLAUSIBLE that we have topped and start falling. ======================================================
NYSE:GDDY
by EuroMotif
ZRX.usd eyes on .9873 for possible Bottom and scary Long entryThis is a followup to my Top Call (click) . ZRX topped at a Golden fib as posted above. We have now dropped to sister Golden below. This would be a good spot for bulls to step up. It is PROBABLE that we orbit this Golden for a while. It is POSSIBLE that we bounce here and resume uptrend. It is PLAUSIBLE that we break below and continue down. The velocity of last leg down looks scary. The Golden Fib did abruptly stop the drop. If it fails then look to each fib below next. Last analysis that nailed the top: ================================================================================================
COINBASE:ZRXUSD
by EuroMotif
1
BTC key level of 42.2k is a ripple of its "Covid Stimulus" waveAbove Chart is a single wave, in 3 time frames. This wave was started by Covid Stimulus money. That "Impulse" created "Ripples" that still exist. 42,200 has been a clear battle line last few days. It is a very strong ripple, being a "Golden Multiple". Exact touches on both sides prove its existence to all. This is one of MANY waves (and thus fibs) of BTC. The ripples of THIS wave are strong at certain times. Perhaps economic reports and bond yields are moving? Regardless of the cause, the FACTS are: All Traders are again noticing importance of this level. All Indicators will have factored this level in their math. All Algo's will now place orders at or around this level. That is how fibs become MORE relevant with time. What will happen NEXT is just a guess for anyone. But what happens HERE will be highly relevant. There are other fibs and levels that will also play out. Just above this level is a "Genesis" fib at 42.8k to watch. I will post other ideas as we approach other such levels. . Part of my ongoing series to collect examples of my Methodology: (click links below) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions <= Current Example Chapter 6: Give me a ping Vasili: one Ping only . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
COINBASE:BTCUSD
by EuroMotif
2
Today, is the gold target 2145 or 2088? Please check the analysi📣 Hello Mates! We are witnessing a continuing upward trend for Gold, as it has surged by an astonishing 1000 pips within just a week in a buy trend! 🔮 Based on our analysis, we anticipate that Gold may ascend to levels of $2134 or even $2145 before reverting to a downward trajectory to fulfill our target at $2088. 🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio. 📈 Our Resistance Levels are spotted at: - 2130 - 2145 📉 And our Support Levels are set at: - 2088 - 2065 Stay tuned for further updates and trade smartly! 📊
OANDA:XAUUSDShort
by BigtimeFx
BTC retrace RoadMap updated: 52.8k reinforced, 48.5k possibleUpdate to my posted call for 52.8k target and resistance (click). BTC hit the Golden Genesis fib at 52.8k and is staggering since. It still appears very bullish, but bulls are clearly struggling here. The longer it hovers below the major fib, higher risk of a drop. Golden fib at 52,838 is now reinforced by local fibs for stronger barrier. There is a new resistance in the 51.3k area to make a possible lower high. Best guess for retrace is just below 50k to take out stops before resuming. $ 51,248-369 is the key resistance which we may orbit a few times. $ 49,704-924 is the current best guess for retrace target and bounce. $ 48,553-764 is very possible as the endpoint of the last wave down. The "speed brakes" are minor fibs that should slow or stall the move. "Critical Support" at 48.090 is the nearest Genesis fib that must hold. =================================================================
COINBASE:BTCUSD
by EuroMotif
1
UPS eyes on 158.10 above and 150.74 below, into earnings reportUPS is hugging the underside of a major fib. Today after-hours will be an earnings release. What happens here could mark a turning point. See if breaks above 158.10 or drops to 150.74. Highly enthusiastic target above is around $170 Very bad news like FDX might target $139 below. (Drag DOWN on the price scale to see above/below) I have no idea of the fundamentals of this corp. I am presenting only the current technical stance. Hopefully you know/own UPS and find this helpful. ==================================
NYSE:UPS
by EuroMotif
BTC near term Retrace zones of interest: 40.4k a MUST HOLDThe current bounce wave looks to be done. Now we watch and prepare at each support. Which supports hold or not will be telling. 42,789 is the first support, a Genesis fib. 42,200 is next, Covid + local fib confluence. 41,405 is a minor support that may slow bears. 40.4k is the CRITICAL support that bulls MOST HOLD . This is an update to the fib picture idea posted here: ================================================================================================
COINBASE:BTCUSD
by EuroMotif
BTC in the most important zone of this Bull RunBTC is currently hovering within a very important zone. Zone is defined by confluence of Genesis and Covid fibs. These high timeframe fibs have caught all major turns. The zone of relevance is $ 42,200 to 42,789 (on coinbase). This may be a turning point into retrace before continuation. Bulls' best strategy will be to hold this zone thru the weekend. Strong break should jump to 45K then 52k very quickly. Rejection here could send us to new lows around 32k. So it is the most important zone for this halving cycle. . These two fib sequences are posted individually as well: The full Genesis Sequence: The Covid Stimulus series:
COINBASE:BTCUSD
by EuroMotif
4
RUNE heads up at $4.62: next landmark for gauging trendAll levels are from a single fib series explained below $4.62 is at a "semi-major" ratio (Goldens are majors). Many exact reactions to these fibs confirm relevance. Beak of this fib would signal end of correction. Rejection here could lead to new local lows. So what happens here will be very telling. Here is a full view of RUNE's Genesis Sequence: See "Related Ideas" below about my methodology. ==============================================
by EuroMotif
Uncertain EURUSD, but These Levels are likely ImportantUncertain EURUSD, but These Levels are likely Important Dear Esteemed Members, I know when I say the EUR can go up or down, doesn't seem to be useful, but I believe the outcome depends on resistance or support break and fundamental factors. As per the latest technical analysis updates, it is widely agreed that the EUR/USD exchange rate is currently experiencing a downtrend. Examination of the four-hour chart reveals that the pair remains below both the 50- and 100-hour exponential moving averages in a downward trajectory. The relative strength index (RSI) is also bearish, dipping below 40, reinforcing the prevailing bearish sentiment. Immediate support is identified at the 1.0920 level (200-hour exponential moving average), followed by the 1.0880 level (lower boundary of the rising regression trend channel) and the 1.0850 level (Fibonacci retracement of the latest rise). Conversely, potential resistance levels for the EUR/USD are at the 1.0970 level (100-hour exponential moving average), the psychological and static level at 1.1000, and the 1.1050 level (midpoint of the rising channel). In addition to technical factors, fundamental influences shape the EUR/USD exchange rate in the coming days. Attention focuses on the upcoming United States December labor market report, encompassing non-farm payroll (NFP) changes, average hourly earnings growth, and the unemployment rate. Market expectations project a 170,000 increase in NFP, a decrease from the 199,000 recorded in November. A higher-than-expected NFP could bolster the US dollar, exerting downward pressure on the EUR/USD exchange rate. Conversely, a lower-than-expected NFP may weaken the US dollar and elevate the EUR/USD exchange rate. Kind Regards, Ely
by Elysian_Mind
EURCAD → A set of bearish patterns foreshadowing the decline FOREXCOM:EURCAD is forming a standard bearish setup on the background of the forming downtrend, as the Canadian is getting stronger than the Euro and thus changing the market direction. On D1 we can see that in general the currency pair is in a global range and it is impossible to identify any key trend, so it is acceptable to trade both buying and selling within the range. But since we have a set of sell signals forming, we should expect further price decline. The level of 1.46400 (D1) plays an important role. Consolidation is formed, then the level is broken, after which a pin-bar is formed on the background of the retest, which confirms the interests of the market. On H1, the price breaks the consolidation support, makes a false break of 1.464 as part of the correction and even on H1 a bearish candlestick pattern is formed with subsequent consolidation of the price below the level, which is an additional confirmation. Support levels: 1.458, 1.456, 1.4478, 1.4350 Resistance levels: 1.464, 1.4747 I expect a continuation of the decline, a retest of 1.464 is possible, but in general the setup hints at the continuation of the downtrend. Regards R. Linda!
Short
by RLinda
3