Get started

Fibonacci

GOLD → Consolidation or continuation of the fall. 3013 triggerFX:XAUUSD is going through the strongest liquidation phase. The fall is triggered by profit-taking amid last week's strong news. Additional pressure is created by the strong NFP report released on Friday. The economic risk situation is bifurcating.... Gold prices rebounded after falling in the Asian session, consolidating the drop triggered by the intensifying trade war between the US and China. Donald Trump's comments about rejecting deals with China have heightened recession fears, raising the likelihood of a Fed rate cut. Against this backdrop, there was increased interest in gold as a protective asset, despite the rise in the dollar and bond yields. However, further strengthening of gold is questionable due to profit taking and lack of new economic data from the US. Technically, the price is consolidating under pressure against the support at 3017-3013. A descending triangle is forming on the local timeframe. Resistance levels: 3033, 3057 Support levels: 3017, 3013, 2981 Based on the current situation and strong pressure on the market, we can expect two situations to develop: 1) breakdown of support 3017 - 3013, if the structure of the descending triangle on the local timeframe will be preserved. The target will be the support of 3000, 2981. 2) Or, the price will close inside the range with the target of consolidation between 3057 - 3033 - 3013 (consolidation of forces after a strong fall and liquidation) Regards RLinda!
FX:XAUUSDShort
by RLinda
10
NQ Power Range Report with FIB Ext - 4/8/2025 SessionCME_MINI:NQM2025 - PR High: 17753.75 - PR Low: 17644.50 - NZ Spread: 244.0 No key scheduled economic events Volatility remains high with Trump tariff excitement - Advertising rotation off previous session low - Holding above the close below the high, inside Friday's range - AMP margins temp increase remains Session Open Stats (As of 12:45 AM 4/8) - Session Open ATR: 627.37 - Volume: 48K - Open Int: 272K - Trend Grade: Bear - From BA ATH: -21.4% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 20954 - Mid: 19246 - Short: 16963 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
CME_MINI:NQM2025Long
by mv3trader5
BTC 3D Market BreakdownBitcoin is currently trading around $79,200 on the 3-day chart and is sitting just above the key 0.5 Fibonacci retracement level from its most recent macro impulse. The chart shows a clear descending trendline acting as dynamic resistance, reinforcing the ongoing downward pressure on price. Until this trendline is broken and retested from above, market structure remains bearish in the mid-term. After a strong rally to $108K, BTC was rejected near the 0.25 Fibonacci level at $93K. Since then, it’s formed a series of lower highs, confirming that bulls are losing momentum. The 0.385 retracement level, which aligns with the $85K region, has now acted as resistance multiple times, indicating a strong ceiling unless volume and price action shift. Price is now hovering above the 0.5 retracement area (~$78K–$79K). If this zone fails to hold, Bitcoin is likely headed toward the 0.618 Fib level near $73,747. This level also aligns with the previous all-time high from November 2021, adding to its historical importance. While some buyers may attempt to defend that level for a short-term bounce, the real macro demand lies lower. The green zone around GETTEX:64K to $61K is the highest confluence support area. It matches both the 0.75 and 0.785 Fibonacci retracement levels, and overlaps with the major accumulation and breakout structure from Q4 of 2024. If BTC trades down into that region, it would present a much higher probability bounce zone and a potential macro higher low — if bulls can defend it. Until Bitcoin flips the descending trendline and reclaims $85K with conviction, the market structure favors downside continuation. A reclaim of $85K would be a significant signal for bullish momentum to return, especially if it comes with a breakout retest of the trendline. For now, however, the path of least resistance remains to the downside, with $69K and then GETTEX:64K –$61K as the next key support zones to watch. In summary, Bitcoin remains in a corrective structure beneath its trendline. A move into $69K may offer a reaction, but the most meaningful support lies in the GETTEX:64K –$61K macro zone. Patience is key here, as buyers wait for either deeper value or a clear shift in trend.
by Blast910
Buy gold, expect a rebound to 3000Gold just fell to 2958, but quickly rebounded to above 2965. The short-term support of 2965-2960 was not effectively broken. Gold quickly recovered above the short-term support, proving that bulls still have room to fight back. I expect gold to at least rebound and test the 3000 position again, so in short-term trading, we should not be too bearish on gold. I actually reminded everyone in the last article update that we can buy gold when gold falls. In this extremely fierce market, with a cautious trading mentality, I actually do not expect too much about the rebound space of the bulls. Once gold touches around 3000, I will leave the market safely and lock in profits! The trading strategy verification accuracy rate is more than 90%; one step ahead, exclusive access to trading strategies and real-time trading settings
OANDA:XAUUSDLong
by Trader_Marvin
Gold (XAU/USD) 4H Analysis – Bullish Momentum Building Up?**Gold (XAU/USD) | 4H Chart | Bullish Bias** Gold continues to shine as it builds a solid bullish structure on the 4H timeframe. After a healthy pullback, price has bounced back strongly, holding above key support zones and aiming higher. **What's happening now?** - Price is forming *higher highs and higher lows*, respecting the bullish trendline. - Strong demand kicked in around the *$2,950* zone — a key level to watch for potential pullbacks. - The next resistance lies near *$3,050*, a psychological and technical level that could act as the next target for buyers. **Technical Confluence:** - *Fibonacci retracement* aligns with recent pullbacks around $2,950 – offering strong support. - *RSI* is hovering above 50, confirming ongoing bullish momentum. - Price remains above the *50-period EMA*, supporting the uptrend. --- **Bullish Scenario:** If gold holds above $2,950 and breaks above $3,010 with volume, we could see a push toward *$3,050–$3,070* in the short term. **Invalidation:** A confirmed break below *$2,940* could weaken the bullish outlook and shift momentum. --- **Educational Insight:** In trending markets, pullbacks to key zones like Fibonacci levels or prior support often offer higher-probability trades. Instead of chasing breakouts, look for *retests* with confirmation. --- What’s your take on gold right now? Are we headed toward new highs or due for a pause?
TVC:GOLDLong
by Saeed966
2
SOL (Weekly timeframe): Trend structure Price is approaching a key macro support zone. However, as long as it remains below the $148 level, I cannot rule out the possibility of one more corrective leg toward the $76–$55 range before a medium-term bottom is established and a potential resumption of the broader uptrend begins. A breakout and sustained close above the $148 level would serve as the first technical signal that either: - a corrective wave B (preceding a deeper correction toward the macro support zone) is unfolding, or - a new long-term bullish trend aiming for all-time highs is beginning. Monthly outlook: My previous idea from November 2024 has fully realized its structure: Thanks for reading and wishing you successful trading and investing decision!
by artemfedorov
S&P500 Searching for a BottomExecutive Summary The S&P 500’s Elliott Wave structure suggests the current downtrend is incomplete, with a high-probability target near the 4,300 level based on Fibonacci retracement levels. Global stock markets remain under pressure amid ongoing tariff uncertainty, and Elliott Wave patterns across various indices continue to point to more downside. Current Elliott Wave Analysis Today’s upward volatility is likely a small-degree wave four, with another leg down expected to retest today’s lows in the coming sessions. There is an impulse wave that began in October 2022 and topped in 2025. We are now seeing the after effects of that completed rally. A standard 61.8% Fibonacci retracement of that move places a high-probability support zone around 4,300—a logical target for a ‘normal’ correction of the 2022–2025 rally. Currently, price has paused near the January 2022 high at 4,662, and also sits near the 38.2% retracement level of the 2022 rally, which lies around 4,950. While a move to new highs cannot be fully ruled out, the probability of such a rally is currently low. Given the brief nature of the current decline in both price and duration, a more meaningful correction is still likely. Bottom Line The S&P 500 appears to be in wave ((iii)) or ((c)) of a downward move, with the structure still incomplete. A decline toward 4,300 remains the higher-probability scenario in the near term. We will reconsider the medium-term outlook if the index rallies above 5,488, which would overlap the March 31 low and suggest a possible low is in place.
TVC:SPXShort
by JWagnerFXTrader
1
XRPUSDT → The bulls won't hold support. Falling to 1.9BINANCE:XRPUSDT is under pressure despite quite positive news. The coin, being in a downtrend, continues to test the key support. The chance of a breakdown is growing XRP continues to test a strong support zone on the weekly timeframe, relative to this zone, in the medium term, two scenarios can develop, which depend on the general mood in the market. If the current backdrop persists, the chance of a downside breakdown and further decline is quite high. At the moment, the focus is on the key support at 2.0637, relative to which the retests continue, and the reaction is getting weaker and weaker, which in general only increases the chances of a further fall to 1.9 - 1.63. Resistance levels: 2.265, 2.365, 2.509 Support levels: 2.0637, 1.9 The cryptocurrency market is going through bad times (Tariff War, high inflation, stock market decline, disappointment of the crypto community due to expectations) and until the situation starts to change, the technical picture will remain negative. XRP may continue its fall after a small correction. Regards R. Linda!
Short
by RLinda
23
CADJPY → Consolidation before the news. DowntrendFX:CADJPY continues to forge a downtrend, but within the current movement a symmetrical triangle of accumulative nature is forming The currency pair may continue its decline due to the strengthening of the Japanese Yen, while the Canadian is consolidating in a narrow range. The situation may be accelerated by today's news, namely Trump's speech, where he may announce new tariff measures. Technically, the price is correcting after the false break of 103.56, being below the previously broken upside support. Price is testing key resistance at 104.90, and against 0.5 Fibo is forming a false breakout. A consolidation below 104.69, a break of 104.525 could trigger further decline. Resistance levels: 104.900, 105.36, 105.74 Support levels: 104.525, 103.56 There are important news ahead, high volatility is possible, especially at the moment of Trump's speech, which may set a medium-term tone in the market. The currency pair is in consolidation on the background of the downtrend and the priority is to expect a continuation of the fall Regards R. Linda!
Short
by RLinda
2
EOSUSDT → False Breakeout of resistance (counter-trend )BINANCE:EOSUSDT.P within the consolidation distribution 0.54 - 0.6 reaches the key resistance and forms a false breakdown without the possibility of continued growth. The cryptocurrency market is showing weakness, especially after yesterday's Trump speech and the approval of new Tariffs, which creates risks and pressure on the cryptocurrency market. Bitcoin is back in the red zone after rallying, while altcoins will continue to look for a new bottom. EOS stands out in this list, which strengthened quite strongly and the purpose of this maneuver was countertrend accumulation and liquidity capture relative to the range of 0.7 - 0.8. The distribution is tempered by a false breakout of the level 0.82 - 0.86 Resistance levels: 0.82, 0.86 Support levels: 0.793, 0.666 If the bears hold the resistance 0.82 - 0.86 and the consolidation under the level will end with the breakout of the trigger 0.793 and price consolidation in the selling zone, it may provoke a reversal and fall to the zones of interest: fvg, 0.64, 0.541. Regards R. Linda!
Short
by RLinda
2
EURUSD Sell We see a strong impulsive move to the upside, breaking through previous resistance levels. The upward push suggests bullish dominance, but price has now entered a corrective phase, retracing from recent highs. Key Areas of Interest Resistance Zone at 1.1150 - 1.1160: This area, marked as an "Area of Interest," aligns with previous swing highs, making it a potential reversal point or continuation area. Support at 1.0919: This level aligns with the Asian session low and is reinforced by the 0.618 Fibonacci retracement level, making it a crucial support zone. Fibonacci Retracement & Potential Buy Zones Price is currently retracing within the Fibonacci levels, particularly testing the 0.382 level at 1.1020. If a deeper retracement occurs, the 0.5 and 0.618 levels around 1.0960-1.0919 could act as strong demand zones for potential long entries. Liquidity The chart indicates areas where liquidity may reside, such as above the recent highs and below the Asian session low. A stop-hunt scenario could see price dipping into the 1.0919 region before resuming the uptrend. EUR/USD remains in a bullish structure but is undergoing a corrective phase. Key support and resistance levels should be watched closely for trade opportunities. A break above 1.1100 could signal further upside momentum, while a drop below 1.0960 might lead to deeper retracement before any continuation. Traders should monitor price action around these key levels and consider confirmation signals before entering trades. TRADE Entry: 1.10328 Stop Loss: 1.10630 Take Profit: 1.08892
Short
by xrpbilbs
2