Fibonacci
IAG - GBP | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# IAG - GBP
- Double Formation
* 012345 | Waves Survey Valid | Subdivision 1
* 2.5000 GBP | Pennant Structure Area Of Value
- Triple Formation
* Retracement 1.618)) | Uptrend Bias | Subdivision 2
* Trend | Daily Time Frame | Configuration
* Behavioural Time Settings | Survey Valid | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Gold: Bullish Move AheadThe gold market has been exhibiting bullish momentum, supported by an upward trendline. After reaching a recent low at approximately 2,611.93 USD, the price has shown signs of a rebound near key Fibonacci levels. The key support area around 2,610.00 USD (0.786 retracement level) is holding strong, and gold is now approaching the 0.50 Fibonacci retracement level at 2,669.02 USD.
If the price manages to break above the 2,669.02 level, the next target would be near the 0.236 level around 2,699.16 USD. The bullish trend could accelerate further if gold surpasses the 2,726.10 USD resistance zone.
Key Levels:
Support: 2,611.93 USD
Resistance: 2,726.10 USD
Fibonacci Retracements: 2,655.54 (0.618) and 2,669.02 (0.50) act as significant levels for potential breakouts.
EUR/GBP LONGno text needed everything is drawn, this is not a financial advice but just an idea be careful !
Bitcoin Continuation TargetsChart price scale is Logarithmic.
Fib ranges are based on log scale.
The multi year inverse head and shoulders is supporting the 1.414 level at ~$128,000.
The calculation for this structure is displayed on the chart. Subtract the range below the neckline and add it to the neckline break price level.
The 7 month consolidation in the form of a bull flag is displaying potential for over performance to the 1.618 level at ~$175,000.
The previous cycle reached the 1.618 level.
In previous cycles, RSI levels reached 85+.
The current RSI value is at 78 which supports room for expansion.
The MACD is vertical and rapidly expanding.
With the current velocity, my targets to the upside are $129,000 and $175,000 in Q1-Q2 of 2025.
GOLD: Exponential Scaling 1.618^1/5Gold's natural growth patterns have apparent alignment Fibonacci progression.
Exponential Scaling using a constant phi (1.618) raised to 0.20 power exponent:
The lines follow historical movements with exponential accuracy, aiding the identification of swing points of major momentum shifts.
Major swings metrics:
Divergence - SHORT I am not perfect on explaining what is happening, but I am good in drawing my expectation.
in this expectation, I think there is a signal for Divergence from the tops which indicate price will revert to hard down, so keep in mind, Selling short period is about to happen.
and put in your mind, that the price sooner or later will come back to the main trend link ( the below white line)
so, BTC will go back again to the $60,000 again, and maybe less, you need to know the game, they drop the price with one click by selling a huge amount of BTC on their network, that's how they control the market, by selling and buying their exist BTC, they will never lose, this Satoshi Nakamato organization are like the CASINO, the house always wins. ;)
AEM - Head & Shoulder PatternAEM is possibly forming a Head & Shoulder pattern.
Price action is currently under a rising parallel channel that breaks downwards and price eventually breaks parallel channel. If price breaks the parallel channel and $74, it will complete Head & Shoulder pattern.
Once Head & Shoulder pattern is formed, stock price fall is either $ price or percentage difference between Head and neckline. In this case, the projected price fall after completion of Head & Shoulder is likely to be between:
- 63.17 if price drops by 14.50%
- 60.98 if price drops by $12.90
Price is probable to fall by $12.90 to 60.98 because it coincides with:
- Fib retracement level of 0.618 which is a golden ratio
- strong weekly support zone around 61.31
- gap fill is at 59.65
SILVER: Exponential Scaling 1.618^1/4Expansion based on 1.618 from lowest - Rate of Progression 1 in Exponential Grid indicator:
This suggests the market structure for Silver has strong Fibonacci-based tendencies aligning with natural growth patterns.
Exponential scaling using a constant phi (1.618) raised to the 0.25 power exponent.
This adjustment results in finer granularity while maintaining the underlying fractal structure. It smooths out the expansions to capture intermediate cycles more effectively.
Virtuals Protocol: +16,850% Surge Nearing Its End?Virtuals Protocol has experienced an astronomical +16,850% surge in price over the past 164 days, marking a parabolic advance that appears to be nearing exhaustion. Price action suggests that the final 5th wave of this bullish cycle may be completing, raising the question: Is Virtuals Protocol set for a correction, or is there still upside potential?
Key Observations:
1.) End of the 5th Wave:
The Elliott Wave count indicates that the asset is likely completing the final 5th wave of a large bullish cycle.
Parabolic moves of this magnitude typically end with a sharp correction as profit-taking accelerates.
2.) Weekly RSI Overbought:
The RSI on the weekly timeframe is at 95, signaling extreme overbought conditions.
Such elevated RSI levels are unsustainable and often precede corrections to reset market momentum.
3.) 6 Consecutive Bullish Weekly Candles:
A string of 6 green weekly candles suggests strong bullish momentum but also hints at exhaustion as buyers may struggle to sustain such momentum.
4.) Fibonacci Target and Weekly Open Confluence:
Using a Fibonacci retracement from the current wave, the 0.618 level aligns perfectly with the Weekly Open (wOpen) at $2.711.
This confluence zone serves as a strong short-term take-profit target for short sellers or a potential re-entry point for bulls looking for a correction.
Outlook:
Bearish Scenario: The completion of the 5th wave and the extreme overbought RSI suggest a correction is imminent. A retrace towards the 0.618 Fib level ($2.711) is a highly probable scenario.
Bullish Continuation: For further upside, the price must consolidate and find fresh buying volume to support continuation beyond the current highs.
Conclusion:
Virtuals Protocol is flashing clear signs of exhaustion, with extreme weekly RSI levels and a completed Elliott Wave cycle. Traders should watch the $2.711 zone closely as a potential correction target, with the 0.618 Fibonacci retracement and Weekly Open providing strong confluence.
Technical Analysis: BTC/USDT – after ATH at $106kAfter the price reached the 1.14 level of the Fibonacci Retracement, I projected the Fibonacci Expansion to identify potential targets and decision zones.
Context:
The prevailing structure is a well-defined uptrend channel, reflecting a strong and consistent upward momentum.
Statistically, the zone between 1.0 and 1.14 Fibonacci levels often acts as a decision area, where the price tends to consolidate or face resistance before deciding whether to continue the trend or initiate a pullback.
Current Scenario: We are currently in an extended leg within the channel, which significantly increases the probability of a price correction. The marked Pullback Zone (highlighted on the chart) suggests that the price could retrace to test intermediate supports within the channel or revisit previous Fibonacci levels.
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 0.64170 to 0.64210, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 0.64170 and 0.64210 serving as a low-risk sell.
Bearish Targets📉:
0.63980 : Possible retracement area.
0.63850 : Possible retracement area.
0.63800 : Possible retracement area.
0.63600: Possible retracement area.
0.63650 : Significant supply zone.
0.63500 : Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential demand zones: low-risk buy zones spanning from 2635.00 to 2640.50, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 2635.00 and 2640.50 serving as a low-risk buy.
Bullish Targets📈:
2660.00: Possible retracement area.
2670.00: Possible retracement area.
2690.00: Possible retracement area.
2710.00: Possible retracement area.
2690.00: Significant supply zone.
2710.00: Significant supply zone.
2725.00: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
US30We can attempt to buy US30 from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
ETH - D1 Chartif analyzing based solely on time and location, then if ethereum is able to sustain and hold its valuation above approx $2K, then there is potential for a measured move to play out with a conservative target at approx 15K. If there is a tail whip blow off top, then the measurement can exceed higher based on fib expansion towards approx 28-33K. if hypothetically the set up plays out but the calculated measurement is not fulfillable, then i would look for invalidations at 50% extension ratios at approx 6-7K. if able to complete entire measurements i would anticipate the target should be hit aggressively in Q2 2025 around the month of March/April and conservatively in Q4 2025 around the month of October/November.
(observations: currently there is a lot of negative sentiment surrounding the recent event of the ethereum etf launch, as well as capitulation, if not already evident from the chart, from market participants who no longer believe it has exponential potential regardless of institutional inflows.)
GBPUSD Potential Setup - Waiting for confirmationTime Frame:
- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
1. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715
On the Daily chart also note FVG between 1.2680- 1.2712
2. Trend Confirmation:
Price has break consolidation support at 1.2715.
Price has now rising back to Daily FVG area.
3. Position:
Entry: Waiting Confirmation
Stop Loss : 1.2720
Take Profit: 1.2500 (fibo 161.8)
RRR : 1:10x
Note: Still waiting for entry confirmation.
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Nykaa Short term target to 205Based on current pattern Nykaa has short term potential to reach 205 with following stages.
190 - 200 - 205
Meta stock long - OrderflowMeta Platforms has 7.29% upside potential, based on the analysts' average price target. Is META a Buy, Sell or Hold? Meta Platforms has a consensus rating of Strong Buy which is based on 40 buy ratings, 3 hold ratings and 1 sell ratings. The average price target for Meta Platforms is $665.56. NASDAQ:META
BTC top 5W LimitThe Top 5w value can be demined by reversed fib based ratio measure of third primary wave to the bottom of 4th. if to measure very precisely, it shows 134 thousands USD.
#bitcoin
US30 Potential ShortKey Observations:
Fibonacci Retracement Levels:
The chart shows a retracement of the prior downward move, and the price is currently reacting near the 0.382 Fibonacci level at 43,828.18.
The retracement failed to break through the 50% level (44,062.83), indicating weak bullish momentum and reinforcing the overall bearish bias.
Further rejection below the 0.382 level could signal continuation to the 0.236 level (43,533.57).
Price Action & Support/Resistance:
Price is consolidating just above 43,770 and appears to be testing the lower levels. A breakdown from this support could send price to test 43,537.19, which is aligned with previous structure and the 0.236 Fibonacci level.
If price breaks 43,828 and finds support, a pushback toward 44,062 (50% retracement) could occur.
Bollinger Bands:
Price is currently trading near the lower Bollinger Band, suggesting potential short-term oversold conditions.
However, Bollinger Bands are widening, signaling increased volatility and a continuation of the current trend.
Relative Strength Index (RSI):
RSI is hovering below 40, indicating bearish momentum but not yet oversold.
Any further decline below 30 would suggest strong bearish continuation.
A minor divergence may form if price creates lower lows but RSI fails to follow, which could hint at a reversal.
MACD (Moving Average Convergence Divergence):
The MACD histogram remains below the zero line, confirming bearish momentum.
The signal line is trending downward, but a smaller histogram bar suggests bearish momentum might be slowing.
Key Levels to Watch:
Support Levels:
43,770 (Current support area).
43,533.57 (0.236 Fibonacci retracement, next major support).
Resistance Levels:
43,828.18 (0.382 Fibonacci retracement, immediate resistance).
44,062.83 (50% Fibonacci retracement, critical short-term resistance).
Potential Scenarios:
Bearish Continuation (Primary Bias):
If price breaks below 43,770 with strong momentum, the next target would be the 0.236 level at 43,533.57.
Indicators like the MACD and RSI support bearish continuation unless a divergence forms.
Relief Bounce (Secondary Scenario):
A bounce from 43,770 or the 0.382 Fibonacci level could see price retracing back to 44,062.83.
Traders should watch for bullish confirmation like RSI climbing above 40 and MACD showing convergence.
Recommendation:
Short Sellers: Monitor for a breakdown below 43,770 and target 43,533.57. Use stop-loss around 43,900 to limit risk.
Long Traders: Wait for a bullish confirmation (RSI divergence, MACD crossover, or a strong bullish candle) near support levels.
This setup favors a bearish continuation with the potential for short-term relief bounces.
Managing risk and waiting for confirmation signals is key and do not risk more than 1% of your account!
GKC Bitcoin prediction December 2024 An opportunity to swing trade?
Technical Analysis:
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Prediction Summary:
Any price over 91K is what I personally consider a safe buying zone and anything below 100K a safe profit this week.
Bitcoin might stay between 91K and 100K in the coming days or weeks.
Long term remains bullish.
The white Fibonacci Retracement shows the most likely price support ( colored lines) with the thickness being in relation to a descending order of probability.
In the unlikely event of a drop below 91K, I do not plan to cut my losses and sell. I hodl.
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Fundamental Analysis:
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>The dip was likely caused by quantum tech FUD
>El Salvador and Argentina Regulators Sign Agreement to Help Develop Crypto Industry
>MicroStrategy Purchases 21,550 Bitcoin for $2.1 Billion USD
>$3.85B USD flowed into crypto investment products
Tools used:
Fibonacci Retracement
Projected Forecast
Ghost Feed
This is not investment advice or financial advice. These are my own subjective thoughts on Bitcoin/altcoin price actions.
sources:
coinmarketcap.com
www.coindesk.com
coinmarketcap.com
coinmarketcap.com
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Thanks for reading!
BNB/USDT Analysis: Key Price Action Strategies for Big ProfitsBINANCE:BNBUSDT @Alexgoldhunter Technical Analysis Using Price Action Techniques
Key Levels and Zones
Support and Resistance Levels:
Strong High/Swing High: Around 730.00 USDT
p1D High: Around 722.00 USDT
Swing Low: Around 705.00 USDT
p1D Low: Around 703.00 USDT
Strong Low: Around 705.00 USDT
0.618 Level: Around 698.00 USDT
0.786 Level: Around 712.00 USDT
Volume Profile:
High volume nodes indicate significant trading activity at various price levels:
27.12K, 138.47K, 86.58K, 114.14K, 291.23K, 391.65K, 297.53K, 196.76K, 210.52K, 118.38K, 86.74K, 60.13K, 97.87K, and 107.57K.
Fair Value Gap (FVG):
An FVG is marked around the 717.00 USDT level.
Indicators
Relative Strength Index (RSI):
Current RSI is around 52.69, indicating a neutral market condition.
Lower RSI level is around 47.46.
Moving Average Convergence Divergence (MACD):
MACD line: 0.51
Signal line: 0.13
Price Action Observations
Equal Highs:
Around the 722.00 USDT level, indicating potential resistance.
Market Structure Shift (MSS):
MSS annotations indicate potential changes in market direction.
Buy Strategy
Entry Point:
Consider buying near the support levels, particularly around the 705.00 USDT (Swing Low) and 703.00 USDT (p1D Low) levels.
Look for bullish candlestick patterns or confirmation from the RSI (e.g., RSI crossing above 50) and MACD (e.g., MACD line crossing above the signal line).
Target Levels:
Initial target: 717.00 USDT (FVG).
Further targets: 722.00 USDT (p1D High) and 730.00 USDT (Strong High/Swing High).
Stop Loss:
Place a stop loss below the 703.00 USDT level to manage risk.
Sell Strategy
Entry Point:
Consider selling near the resistance levels, particularly around the 722.00 USDT (p1D High) and 730.00 USDT (Strong High/Swing High) levels.
Look for bearish candlestick patterns or confirmation from the RSI (e.g., RSI crossing below 50) and MACD (e.g., MACD line crossing below the signal line).
Target Levels:
Initial target: 717.00 USDT (FVG).
Further targets: 712.00 USDT (0.786 Level) and 705.00 USDT (Swing Low).
Stop Loss:
Place a stop loss above the 730.00 USDT level to manage risk.
This analysis provides a structured approach to trading BNB/USDT using price action techniques, focusing on key support and resistance levels, volume profile, and technical indicators. Happy trading! 📈📉
Follow @Alexgoldhunter for more strategic ideas and minds
Smart Money EURAUD This pair has engineered lots of sellside liquidity to the downside with short & long term lows. This 1HR OB seems to be in play. We can look for addition entries to the downside to take out old lows. Follow the money !!!
