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Fibonacci

EURAUD → Breakout and consolidation above key supportOANDA:EURAUD is trying to consolidate above the key support zone of 1.76 - 1.77. Within the uptrend, bulls have a fairly good chance. The market continues to break of structure, confirming the bullish sentiment on the chart. A correction is forming from 1.7882. Before rising, the price may test support. The currency pair is supported by its own bullish trend and the falling dollar (especially against the backdrop of economic problems with the USD (DXY)). Technically, the currency pair looks quite positive. After the formation of another ‘bos’, we are seeing a correction to the Fibonacci zone of 0.7 and support at 1.7696. If, during the retest, the bulls manage to hold their ground above the key support level, growth may continue in the medium term. Support levels: 1.7696, 1.7629, 1.7463 Resistance levels: 1.7882, 1.7988 Locally, a reversal pattern is forming relative to the specified zone (as part of a correction). We need to wait for confirmation (price consolidation above the level). The potential within the bullish trend is quite large, and in the medium and long term, the price may test 1.85. Best regards, R. Linda!
Long
by RLinda
4
GOLD → Declining interest. Retest of supportFX:XAUUSD experienced significant volatility toward the end of the US trading session. This was due to developments in the Middle East. The de-escalation of the situation is leading to a decline in interest in the metal. The announced ceasefire between Iran and Israel has reduced demand for gold as a safe-haven asset, while falling oil prices have reduced its appeal as a hedge against inflation. Gold is supported by expectations of a Fed rate cut in July. The focus is on Fed Chair Powell's testimony before Congress and further developments in the Middle East. Technically, the price confirms the local bearish structure. A continued assault on the 3340 support level could trigger a further decline. Support levels: 3343-3340, 3320 Resistance levels: 3360, 3366 Focus on the trading range (consolidation) 3340 - 3400. De-escalation of the conflict in the Middle East may lead to a decline in interest in gold as a hedge asset, which may cause the price to break down of consolidation. If the retest of 3340 continues, the price will begin to contract before the level, in which case the chances of a breakdown and decline will only increase. The target will be the liquidity zone of 3320 - 3306 Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
38
The rebound is an opportunity to short goldAfter the ceasefire agreement between Iran and Israel and Powell's hawkish remarks that strongly refuted the possibility of a rate cut, gold fell sharply and hit a low near 3295. Although gold has rebounded, it is particularly difficult during the rebound process, which shows that the bulls are not willing to attack, and the rebound is only a technical repair of the decline. Since gold fell below 3300 yesterday, the current bull structure has been changed in stages and the confidence of the bulls has been greatly weakened. As gold falls, it will be under pressure in the 3345-3355 area in the short term. Before gold breaks through this area, any rebound may give us an opportunity to short gold; in addition, after gold falls below 3300 once, in order to move downward and test support, gold has the need to retreat again. So in the next short-term trading, we can try to use the 3345-3355 area as resistance, short gold appropriately, and look to the 3315-3305 area.
OANDA:XAUUSDShort
by Steffen_Schade
ZBCN: Looking for support to hold and AVWAP's regained CRYPTOCAP:ZBCN D/30m chart We have had out first real pullback on the daily. It's holding the midline, held the GP. I played the break of the triangle on Sunday and took it to the ATH AVWAP (black). I'm wanting the same squeeze that threw that triangle north to hold as support now as buyers defend their positions. I want to see a shake out below that green AVWAP, I want it to hold and proceed higher. then and only then do we stalk our entry. I want a break and a pullback test of that red/green AVWAP. If I see that, its a buy on the other side of the "V".
CRYPTOCAP:ZBCNLong
by ZebraBaller
1
CL1! Structural NarrativeResearch Idea If look we beyond surface appearances, we would ask what kind of iterative, generative, or probabilistic mechanisms could have created those movements. Complexity can arise from simplicity, and that what looks messy may follow deep mathematical logic. We can see the curve that connects series rejections that exposes where selling pressure extends compression until broken. Another pattern would be current price expressed as a fibonacci ratio of a broader cycle as it splits them into phases.
NYMEX:CL1!
by fract
1
CADJPY Wave Analysis – 24 June 2025- CADJPY reversed from the resistance area - Likely to fall to support level 104.75 CADJPY currency pair recently reversed down from the resistance area between the resistance level 106.85, the upper daily Bollinger Band and the 50% Fibonacci correction of the extended downward impulse from November. The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Shooting Star, which stopped the previous minor impulse wave 3. Given the strength of the resistance level 106.85, CADJPY currency pair can be expected to fall to the next support level 104.75 (which reversed the pair earlier this month).
Short
by FxProGlobal
SPX short analysisLike I wrote in my EUR/USD analysis you never know what could happened. USA bombed Iran! This could have huge impact on the US market next week. My guess is temporarily short... At least to close this gap in spot price of SPX. Since we're still in bearish market, until we see new highs, and this could be catalyst for another sell off. So the jump could be even bigger and we could see new ATH this year. For now, I'm seeking a position to short tomorrow after market is open. This is my entry mark. There will be higher volatility. However, I expect US market to open in the red, close the gap and to sell off again. We shall see! Trade safe this one :)
SP:SPXShort
by justcoinme
GBPJPY → Assault on the resistance 196.400FX:GBPJPY under the pressure of the bull market breaks through the resistance with the aim of possible continuation of growth and retest of the liquidity zone Against the background of the dollar growth, the Japanese yen is losing value, which in general may provide support for the currency pair GBPJPY The currency pair, after a false breakout of the key resistance and a small correction, technically, the bullish structure has not broken. The price returns to the resistance at 196.400 and breaks it. If the bulls hold their defenses above the level, we can expect a rise Resistance levels: 196.400, 198.24 Support levels: 195.94, 195.45 Consolidation above 196.400, retest and break of 196.93 may trigger continuation of the growth. Zones of interest 198.24, 198.94 Regards R. Linda!
Long
by RLinda
4
AAVE price analysis The price of CRYPTOCAP:AAVE has shown steady growth and strength in recent months. But is everything in the crypto market as good as we would like it to be? Unfortunately, no. Despite its strength, even the price of OKX:AAVEUSDT may still be subject to correction. 💡 So, for those who remember our global May idea for the price of #AAVE and have decided to buy this asset for their investment portfolio at a favorable price 👇 we have some advice for you: keep your pending buy orders in the $146-$182 range... Now, not only in Ukraine, but throughout the world, “every day is a "crazy day,” anything can happen... _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
Buy gold first, and short on gold after filling the gapGold is currently continuing to retreat, and the lowest has reached around 3333. Gold is quite weak, and the bears have completely taken the upper hand. The overall center of gravity of gold is shifting downward, and the short-term support below is 3330-3325. Once gold falls below this support area, gold may continue to fall to 3300, or even 3280; since gold has fallen to the 3340-3330 area, we cannot rush to short gold in the operation, because there is a technical gap above that needs to be filled, so gold still has a rebound to 3360-3370 in the short term. Therefore, before gold falls below the short-term support of 3300-3325, we can appropriately consider going long on gold; after gold rebounds technically and fills the gap above, we can consider continuing to try to short gold in the 3360-3370 area.
OANDA:XAUUSDShort
by Steffen_Schade
NAS100 | LTF viewpointWe are currently caught between 2 LQC candles that have both swept LQ and we are waiting for the break of the trend to the upside as we have tapped into to 68 & 72% fib levels So the is a high chance we continue to the upside with NASDAQ BUT if market decides to disregard that setup o9f UPSIDE momentum the is a chance of sellers stepping into the market only if of LQC(liquidity swept candle) decides to not hold then we can begin looking for SELLING OPPORTUNITIES FEEL FREE TO DROP A FEW ADVICES IN THE COMMENT SECTION IF YOU HAVE SOMETHING SIMILAR THAT SUPPORTS MY ANALYSIS OR IF YOU ARE SEEING SOMETHING DIFFERENT
OANDA:NAS100USD
by sam_trades_smc
JINDAL STEEL: Leading Diagonal Starting?JINDAL STEEL & POWER appears to be constructing an initial impulsive advance that may very well be taking the form of a Leading Diagonal. The advance from the 770 lows has so far developed into a structure where Wave 4 has overlapped with Wave 1 territory, suggesting that a classical impulse structure may not be applicable here. Instead, the price action fits neatly within the characteristics of a leading diagonal pattern, which allows such overlaps. Wave 1 terminated at 923.80 followed by a corrective pullback into Wave 2 at 833.60. The subsequent rise into Wave 3 reached 985.80, which completed near the 100% extension of Wave 1, supporting the diagonal scenario where extensions are often limited. This was followed by a clear a-b-c correction into Wave 4, which found support at 882.65. Notably, the c-leg of Wave 4 reached close to 1.618 times the length of Wave a, adding further symmetry to this structure. The current advance may therefore represent Wave 5 of this diagonal, projecting towards the 1036 to 1131 region of Fibonacci extensions. However, since leading diagonals typically signal the start of a larger structure, this entire formation could well be unfolding as either the first leg of a higher degree impulse (Wave 1) or as an initial Wave A of a larger correction. The labeling is thus kept open as "1/a" to reflect both possibilities at this stage. The invalidation level for the current bullish scenario remains at 882.65, below which this entire leading diagonal interpretation would require reassessment. Until then, the bias remains upwards as the final leg of this structure seeks completion. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:JINDALSTELLong
by WaveXplorer
A Step-by-step Guide to One of the Chart Analysis MethodHello Friends, Welcome to RK_Chaarts, Today we're going to learn step-by-step guide to one of the chart analysis Method by analyzing a chart of " Varun Beverages Ltd. (VBL) " to identify a trend change opportunity.(Educational Post). Let's get started! Applying Elliott Wave Theory First, we can see that the bottom formed in March 2025 is likely a Wave ((4)) in Black as a bottom, marked as such on the chart. From there, Wave 5 should move upwards. Looking at the daily timeframe, we can see that price gone up in five sub-divisions of Wave (1) in Blue of Wave ((5)) in Black have completed, marked as Red 1-2-3-4-5, that means blue intermediate Wave (1) has ended, and Wave (2) has begun, which is unfolded in corrective nature marked as WXY in Red of Wave (2) in Blue. According to the wave principle, Wave (2) should not retrace more than 100% of Wave (1), which started from the 419.65 bottom. Therefore, 419.65 becomes our invalidation level. If the price moves below this level, it would invalidate our Wave (2) principle. Assuming our wave counts are correct, the upward movement is in the five sub-divisions, and the downward movement is in the three sub-divisions. Definitely, the conviction is increasing that we have correctly identified Waves (1) and (2). Shown in chart image below Tweezers at Bottom Now, we can see that Wave 2 has retraced more than 70% and has formed a Tweezer candlestick pattern at the bottom. A bearish candle was followed by a bullish candle, both with a Tweezer-like shape, with the second candle being green. This could indicate a potential reversal. Moreover, the latest candle has also taken out the high of the previous two candles, showing follow-through. The price has also shown follow-through on the upside after that. So, this can be considered as the first sign that Wave 2 might be ending, marked by a significant Tweezer pattern at the bottom with a follow-through candle. Shown in chart image below Significant Breakout Pending Yet Secondly, from the top where Wave 1 ended, we've been considering the decline from around 560.50 as a resistance. We drew a resistance trend line, and if the price breaks out above it, we can say that the resistance trend line has been broken, indicating a breakout above the last fall's trend line, Which is not Broken yet. Shown in chart image below Dow Theory The Dow Theory states that when the price moves up, it forms a Higher High, Higher Low pattern, and when it moves down, it forms a Lower High, Lower Low pattern. Somehow, the Dow Theory also needs to change, as the last swing was forming a Lower High, Lower Low pattern. The last swing high was at 479, which we marked with a green arrow. If the price crosses above it, we can say that the price is now forming a Higher High pattern. This indicates that the Dow Theory is changing from a falling trend to a rising trend. Shown in chart image below Stop Loss Once the Dow Theory also changes, we can use the last swing low at 446.15 as our stop loss. However, this stop loss will only be valid after the Dow Theory changes; otherwise, the invalidation level will remain at 419. Shown in chart image below Projected Target of Wave (3) So, friends, we've applied the Elliott Wave principle, and there's been a significant retracement, all within the valid range, without violating any rules or triggering invalidation. There's limited room left on the downside, and then we have the Tweezer candlestick pattern, which is a significant sign. We're expecting a reversal from there, and the price has followed up with an upward move. What's left now is the breakout above the resistance trend line and a change in the Dow Theory. Once these two conditions are confirmed, all parameters will match, and we can add a position to our portfolio using the last swing low as our stop loss, instead of the invalidation level. This is how chart analysis is done for investment purposes. We've seen many signs in our favor, and yet we still use a stop loss to prevent significant losses in case the stock or market moves unexpectedly. This is what stop loss is all about - minimizing potential losses. We've also discussed the target projection based on Wave theory, 161.8% level, which we explained through an image. So, friends, I hope you've understood the entire conclusion and learned how to analyze charts using different methods, one of which we shared with you today. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:VBLEducation
by RK_Chaarts
27
Oil Price: Breakout or Fakeout? Watch This Zone Closely Technical Overview: The current price action is testing the upper boundary of a descending wedge, a bullish reversal pattern. The recent strong green candle indicates a potential breakout attempt, yet price is hovering near a critical resistance level at $74.20 (Fib 0.5). Key levels from the Fibonacci retracement are: 🔼 Resistance at $74.20 (0.5), then $78.16 (0.618) 🧲 Local support at $69.78 (0.382) 🛡️ Strong demand zone near $63.81 (0.236) if rejection occurs Structure + Patterns: Price has been compressing inside a falling wedge, which statistically resolves to the upside. The breakout candle broke above the 20 EMA and touched the upper wedge resistance — signaling a decision point. Volume is rising on bullish candles — initial confirmation of buyer interest, but not yet decisive. Scenarios to Watch Bullish Case: Break and close above $74.20 on higher volume → likely move toward $78–$86 resistance zone. Confirmation of wedge breakout could trigger trend reversal, aligning with bullish fib levels. Momentum could accelerate if macro factors support demand (see geopolitics below). Bearish Case: Failure to close above $74.20 = fakeout risk → price may reject down to $69.78 or even retest $63.81. Bearish rejection wick on the daily/4H would be an early signal. Macro & Geopolitical Factors to Monitor: Middle East Tensions: Any escalation (especially around Iran or shipping lanes) could spike oil due to supply fears. US Strategic Reserves & Elections: Moves to refill reserves or control inflation could support demand. China Demand Recovery: Data showing improved industrial output or stimulus from PBoC may strengthen global oil outlook. Final Thoughts: Price is at a pivot zone — breaking this wedge with strength could shift the short-to-midterm trend. Until then, this remains a "show me" breakout . Watch how the next 1–2 weekly candles close around the $74–$75 area to confirm direction.
NYMEX:CL1!Long
by SheTradesHub
Bitcoin - Looking To Buy Pullbacks In The Short TermM15 - Strong bullish move. No opposite signs. Currently it looks like a pullback is happening. Expecting further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
EIGHTCAP:BTCUSDLong
by VladimirRibakov
The Dow Jones Index reboundsUS indices rebounded following the US president’s announcing a ceasefire deal in the Middle East, which brought some optimism to the markets and among investors, positively impacting US markets in particular. The Dow Jones Index rose at the start of this week by approximately 2.62%, reaching a new high above the 42,711 level, which represents the last lower high recorded by the market. A breakout above this level could indicate a shift in trend from bearish to bullish. If the price pulls back to the 42,025.62 level, it would be considered a corrective move, with a possible upward rebound from that level aiming to target 42,719.99 and potentially continue the bullish trend in the long term. However, if the price falls below the 41,755.45 level and a four-hour candle closes below it, the positive scenario mentioned above would be invalidated.
CFI:US30
by CFI
Gold GC1! heading to $3,476 next with a 4.15R long trade TVC:GOLD Gold/ COMEX:GC1! hit the 0.705 fib level right between the 0.618 and 0.786 what I like to call the sweet spot for fibonacci tools. If it misses the 0.618 then the 0.705 is just as good, signals are showing a bottom forming and slowly but sure the rsi is about to cross up over 50, it should pump hard this time -4.15R trade -1.5% capital risk -as soon as gold starts to move, we'll drag our stop loss to or even past break even if it really pops up hard...
COMEX:GC1!Long
by SakisBack