GRAVITY Stock Chart Fibonacci Analysis 021425Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.02/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Fibonacci
Best Fibonacci Retracement and Extension Levels for Trading
In this short article, you will learn the best Fibonacci extension and retracement levels for trading Forex and Gold.
I will share with you correct settings for Fibonacci tools and show you how to use & draw Fibonacci's properly on TradingView.
Best Fibonacci Retracement Levels
First, let's discuss Fibonacci retracement levels.
Here are the default settings for Fibonacci retracement tool on TradingView.
We will need to modify that a bit.
We should keep 0; 0,382; 0,5; 0,618; 0,786; 1 levels
0,382; 0,5; 0,618; 0,786 will be the best retracement levels for Forex & Gold trading.
How to Draw Fibonacci Retracement Levels Properly
In order to draw fib.retracement levels properly, you should correctly identify a price action leg.
You should underline that from its lowest low to its highest high, taking into consideration the wicks of the candlesticks.
Fibonacci Retracement of a bullish price action leg will be applied from its low to its high.
1.0 Fibonacci level should lie on the lowest lie, 0 - on the highest high.
Fibonacci Retracement of a bearish price action leg will be applied from its high to its low.
Best Fibonacci Extension Levels
Above, you can find default Fib.extension settings on TradingView.
We will need to remove all the retracement levels; 2,618; 3,618; 4,236 and add 1,272; 1,414 levels.
1,272; 1,414; 1,618 will be the best Fibonacci Extension levels for trading Gold and Forex.
How to Draw Fibonacci Extension Levels Properly
Start with correct identification of a price action leg.
Draw the Fib.Extension levels of a bearish price movement from its high to its low .
Draw the Fib.Extension levels of a bullish price movement from its low to its high.
I apply the fibonacci levels that we discussed for more than 9 years.
They proved its efficiency and strength in trading different financial markets. Learn to combine Fibonacci levels with other technical analysis tools to make nice money in trading.
❤️Please, support my work with like, thank you!❤️
Salesforce: triangle on a upwards channelSalesforce is now moving on an upwards trendline parallel to a previous one.
At the same time, the trend is Bearish, which makes room for a Triangle formation.
Overall, it looks Bullish on the short-term, while keeping an eye on which side of the triangle it will break out.
By instinct, I would say upwards, but let's wait to have data before taking a decision.
$Meta and U.S equity Bull Run Almost Finished? Was just having a little fun before bed and brainstorming on the NASDAQ:META chart. Our darling as of late. I love trying to find similarities and patterns between macro swings and cycles. Human psychology and business cycles have a way of repeating themselves pretty often. As they say, history doesn't repeat, but it rhymes.
This recent melt up reminds a lot of the price action NASDAQ:META saw in 2021-2022. RSI overbought both times, currently approaching the 2.618 fib when connecting them to major high and low points. Decreasing volume on the moves up.
There's a lot of other data to support a bear market may be on the horizon:
Weak housing data/stocks (I do see some outlier stocks in the housing sector).
The yield curve un-inversion which typically precedes major bear markets 6-12 months after un-inversion.
The dollar seems to want to keep going higher. However it has shown a lot of weakness here lately which could help fuel the rest of the bull market.
The unwinding of the Japanese Yen carry trade has seemed to play a big factor in U.S equities as of late. Every time the BOJ hikes interest rates, a lot of U.S. equities see pretty sizable bearish volatility shortly after.
Being the darling that NASDAQ:META has become, once this trend line breaks it will be a signal that everyone should be taking note of in my opinion. I think the risk of a bear market increases dramatically. Maybe we get a shallow or 2022 style bear market next year and continue to make one last lag into new highs in 2027.
Here are some ideas that could support that theory:
China seems to be coming out of a depression-style bear market and is beginning to inject liquidity into their economy. This could help give U.S. equities a little more juice to run higher for longer
chips could make a major comeback and fuel SPY/QQQ higher for longer.
Names like Google, Tesla and Amazon can continue to show strength and we could see a rotation into them.
Maybe we get some more significant quantum breakthroughs with the help of AI.
These are things to keep in mind, but I think the probabilities of this this bull market we've enjoyed since 2008 is A LOT closer to the end than the beginning.
I base most of my sentiment off the 18.6 year real estate/land cycle theory that I have been following since 2022. I also give a lot of credibility to U.S. yield curve un-inversions sending shockwaves through the global economic system.
What do you guys and gals think?
Btc, my notes for short-term91000 strong support, if the needle comes below it, 86500 may be the turning point. If there is a candle closing below 91k, I think the double top formation worked and I plan to fall to 75k support.
But my opinion is positive. Accordingly, 102k fib 0.68 level and to start rising, it should be passed with a 102k volume closing and closings should be seen above it. Close targets are 108-112-122k.
Not investment advice
NZDUSD Wave Analysis – 14 February 2025
- NZDUSD broke the resistance zone
- Likely to rise to resistance level 0.5800
NZDUSD currency pair recently broke the resistance zone between the key resistance level 0.5700 (which stopped the earlier waves iv, 2 and ii), the resistance trendline of the daily down channel from November and the 38.2% Fibonacci correction of the downward impulse from December.
The breakout of this resistance zone stopped the previous minor impulse wave iii of the higher order impulse wave 1 from last October.
NZDUSD currency pair can be expected to rise to the next resistance level 0.5800 (former monthly low from November).
Eth, my notes for short-termMy expectation for the coming months: Every drop without exceeding the 2800-3100 range with volume is a buying opportunity
If it exceeds $3100, rsi and volume / spot cvd will be monitored at the levels I marked above
It is useful to interpret it together with btc.dom and total2-3 graphs
Not investment advice (not financial advice)
NQ heading down until AprilBased on time fib the top should remain Dec 17th. I think it will reverse down from the daily FVG and head down towards 195xx, which is another daily VIB and 3,5 std from last manipulation leg up. Time fib with Feigenbaum projection suggests the bottom will happen around April
GBPUSD Wave Analysis – 14 February 2025
- GBPUSD broke resistance zone
- Likely to rise to resistance level 1.2720
GBPUSD currency pair recently broke the resistance zone between the key resistance level 1.2530 (which has been reversing the price from the start of January) and the 61.8% Fibonacci correction of the downward impulse from December.
The breakout of this resistance zone accelerated the active medium-term impulse wave (C) from the end of January.
Given the strongly bearish US dollar sentiment seen today, GBPUSD currency pair can be expected to rise to the next resistance level 1.2720.
USD Under Pressure: Impact Retail Sales and Trade TensionsThe U.S. dollar faces another challenging session, with the DXY index dropping 0.4% in the end-of-week session and posting a weekly decline of 1.4%, bringing the greenback to levels unseen since early December. This performance is largely attributed to disappointing January retail sales data and trade tensions stemming from the potential implementation of more “meticulous” tariffs than initially expected, some of which may not take effect until April.
Retail sales, one of the key indicators of U.S. consumer strength, fell 0.9% month-over-month in January, significantly below the -0.1% expected by analysts. This marks the sharpest contraction since March 2023, reflecting the impact of adverse weather conditions and specific factors such as the Los Angeles wildfires. Sectors such as sporting goods, vehicles and parts, and e-commerce experienced the largest declines. This deterioration in domestic demand is further reinforced by the drop in “core” sales for GDP calculations—which exclude food, automobiles, building materials, and gasoline—coming in at -0.8%.
In terms of monetary policy, this data supports the likelihood of a second rate cut in 2025. Futures markets are now pricing in approximately 38 basis points of easing before year-end, a notable adjustment from the 26 basis points anticipated just the day before. The scale of this market revision reflects the relative shift in the economic outlook following weak consumer data. Naturally, this expectation of lower returns on dollar-denominated assets, with the U.S. Treasury yield falling 6 basis points to 4.47%, exerts downward pressure on the U.S. currency.
Looking at the short- and medium-term outlook, the dollar’s performance will continue to be shaped by the evolution of trade tensions. The recent executive order signed by President Donald Trump includes the adoption of “reciprocal tariffs”, though the final scope of these measures remains uncertain. If the administration continues to adopt a “surgical” approach to counter what it considers unfair trade imbalances, the market may find further reasons to dismiss the scenario of a stronger greenback. Should this bearish trend for the USD persist, the next key level for the DXY index is around 105. The dollar’s trajectory will depend both on expectations for additional Fed rate cuts and tariff decisions, both of which will be critical in shaping the next few months.
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Profitable trading methodsDear Traders,
Since yesterday, I have maintained my short strategy on gold, entering small positions at 2919, 2927, and 2939, with a TP set at 2916. Gold faced resistance near the 2940 zone and has since retraced, hitting the TP of 2916 as expected. All of our short positions were closed with a profit when the TP was reached.
Based on the current structure, the 2940 region remains a significant resistance zone for gold in the short term. If gold fails to break this resistance, it could potentially form a double top pattern, which would favor further downside movement. We should first focus on the support at 2915-2910, and then monitor the 2900-2895 region for additional support. If gold manages to hold above 2900 during the pullback, we should avoid aggressively chasing short positions, as a potential liquidity increase could attract more buying interest.
For the upcoming trades, there are two possible scenarios:
1. If gold rebounds above 2930, we can consider shorting again.
2. If gold maintains support above 2910-2900 or fails to break below this range, we could look to take long positions.
Bros, have you followed me to short gold and made a profit? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
XRP levelsXRP went on a parabolic bull run in November 2024. Since December 2024 it traded in an uptrend channel with a peak on January 15th - 16th 2025. Followed by a drop on February 2nd & 3rd. Since then, XRP is trying to get back in to it's uptrend channel. Right now, it's trading slightly bullish, just above neutral 50 on the stochastic indicator with a break above it's .5 YTD fib retracement level. If there's a rejection at it's previous uptrend channel of 2.85 that's bearish and could hit SMA100 again. If there's a breakout above it's previous uptrend channel of 2.85 that's bullish and could hit the top of it's previous uptrend channel.
XRP levels:
SMA100 = 2.21
SMA200 = 1.38
6 month low = .38
6 month high = 3.40
6 month fib retracement .5 = 1.89
YTD low = 1.73
YTD high = 3.40
YTD fib retracement .5 = 2.56
December - February uptrend channel
high = 3.85
low = 2.85
GOLD / USD Long (Looking for Target 2 )After the news impact GOLD tends to move strongly.
XAUUSD
Long trade went incredibly great.
First Target has been meet.
GOLD looking for solid move towards target 2.
After target 2(which a major resistance for Gold) we might see a reversal
Best Regards,
The Panda
CAPITALCOM:GOLD
OANDA:XAUUSD
FX:XAUUSD
AUD/USD Gains Momentum but Will It Last ?!The Australian dollar has recently performed positively against the U.S. dollar, despite the U.S. dollar losing around 1.45% in the past few days. This decline came even after positive inflation data, as the annual Consumer Price Index (CPI) in the U.S. rose to 3.0%, marking its highest reading in seven months.
Today's daily close for AUD/USD will determine the bullish momentum for the upcoming week. If the daily candle closes above 0.63296, the bullish trend remains intact.
In this scenario, a pullback to 0.61429 could present a buying opportunity to resume the upward move toward 0.62853. However, this outlook will be invalidated if the price drops below 0.60872 and records a daily close beneath this level.
LTC Ready to Surge ! A Potential 200% Opportunity AwaitsHello Traders 🐺,
In this idea, I want to take a closer look at LTC . As you might know, the first step in our analysis is always to check the higher time frames like the weekly or even monthly charts. Once we get a clear picture of the bigger trend, we can zoom in on the daily or 4H time frames to identify the best entry points—whether for a solid spot trade or even a leverage position ! 👇🔥
As you can see in the weekly chart , LTC is clearly in an uptrend and currently forming a bull flag . If the price breaks above this pattern, we could expect a move at least toward the 0.618 Fib level.
Also, during the last market dip , LTC held strong above a major monthly support , represented by the blue trend line , which reinforces its importance as a key support level.
With all these bullish signals lining up, it’s time to zoom into the daily chart and look for a solid long entry ! 🚀
In my opinion , if the price breaks above the yellow resistance line and closes at least one 4H candle above it with strong volume support , this could be a great confirmation to open a long position . The next key target? The 0.618 Fib level , which serves as the next major resistance! 🚀
" 🐺Stay sharp, trade smart! – KIU_COIN 🐺 "
GOLD → ATH retest - 2942. A step away from a breakoutFX:XAUUSD is testing ATH, which generally increases the chances of growth continuation. The 3000 target is getting closer and closer. Retail sales data is ahead
Metal is consolidating after the rally, remaining in an uptrend. Supported by Trump's tariff plans and expectations of Fed easing. PPI data reinforced dovish sentiment, weakening the dollar and bond yields.
Markets reacted to the delay in tariffs and comments from Trump and Powell on the need to cut interest rates (without specific dates), which supported gold. Ahead is possible profit taking and the impact of US retail sales data
Resistance levels: 2942.6, 2950
Support levels: 2929, 2922, 2908
Emphasis on key supports. There is a possibility of support retest before further growth. If this does not happen and the price heads towards ATH, the scenario for a pullback to the support at 2929-2922 before further growth will remain
Regards R. Linda!
Notcoin NOT price analysisYesterday's “surge” in the #NOT price is associated with the entry into the US market through the listing on the Kraken exchange.
Looking at the OKX:NOTUSDT chart, we can assume that growth to the triangle area of 0.006-0.007 will be a good result for now...
❓ But maybe this is a “multi-move” and “probing” of the market, before CRYPTOCAP:TON enters the US market, what do you think?
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MPCC - MPC container ships - ready soon (?)Another very interesting candidate especially giving the high dividend yield that the company pays to their share holders.
My analysis indicates a wave 2 of wave 3 (one degree higher up) will soon come to an end.
The price action doesn´t look like it is ready just yet though price is inside my designated target area where a turn could happen.
I would like to see a clearer divergence and the RSI to break out of the RSI range between 45-55 on the daily time frame. Also, the price didn´t bounce from the 50% fibo level but instead stopped in between 38-50% which indicates that more downside will come.
Stay patient and wait for a very good chance to buy the stock for cheaper prices.
HAUTO - inching closer to a potential buyShort update on HAUTO
The stock continues to correct down and becomes more attractive by the day.
As price approaches the low of wave A it might bounce but the momentum is clearly bearish for now and one should remain patient and wait for prices below 80 NOK and even better so 65 NOK. Right now price is an the wave c of 2 and we want to trade the wave 3 which will be a great chance for all of us.
The RSI is clearly below 50 on the daily time frame but potentially a divergence is forming on MACD which indicates that a small rally may come before continuing further down.