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Fibonacci

AUDUSD → Trigger breakdown will trigger a fallFX:AUDUSD is approaching the trigger that can provoke a strong fall. Against the backdrop of a strong and rising dollar, the Aussie doesn't stand a chance yet. The price is testing the level from the weekly timeframe, the breakdown of which will open the way to the abyss. There is no support until 0.54-0.55. Based on Trump's policy, the Fed's stance and the potential of the Australian dollar we can say that the odds are generally quite high that the price will continue its decline in the medium term expectation. Technically, on 4H the price is approaching the level of 0.6179. A pre-breakdown consolidation is forming in relation to the level. I do not exclude an attempt to retest the local resistance before further breakout, but the general technical and fundamental situation hints at a decline. Resistance levels: 0.6199, 0.622, 0.6274 Support levels: 0.6179 Downward channel, retest of support after false breakdown of resistance (deceptive maneuver before a strong fall). Emphasis on the trigger at 0.6179. Breakdown and price consolidation below the level will trigger a fall Regards R. Linda!
Short
by RLinda
8
Bitcoin -> CorrectionBitcoin hit my target 100-120k of last video. right now I have the 108k it hit as the 5th wave of the move that developed off the $16k bottom and we are looking at a larger correction around the $70k for an A wave. Looking at the bullish case which is still a decent possibility is that we have hit the C wave or will soon (above 87.5k) and should start moving up again shortly. if we do get the bullish move, I'm unsure at this moment to say whether we started another big move or it will be moving to another 5th wave top with large correction to follow. not financial advice -cryptowaveman
INDEX:BTCUSDShort
by cryptowaveman
Public trade #7 - #ZK price analysis ( zkSync )#ZK price is moving quite interestingly It seems that the levels and channel we suggested on the chart can be used in trading the OKX:ZKUSDT pair. Therefore, if the price of #zkSync is kept above $0.16 in the near future, this asset can be bought into the investment portfolio. 1️⃣ The minimum growth target is x2 to $0.35 2️⃣ Longer-term and more ambitious targets are $0.70 and $0.87 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
5
BTC/USD: Potential Reversal Zone with SMC & Fibonacci ConfluenceBITSTAMP:BTCUSD BTC/USD: Potential Reversal Zone with SMC and Fibonacci Confluence Analysis: The chart shows the BTC/USD pair on a 4-hour timeframe, with several key indicators and annotations that suggest potential trading opportunities. The chart includes Break of Structure (BOS), Change of Character (CHoCH), Fibonacci retracement levels, and volume profile. Break of Structure (BOS) and Change of Character (CHoCH): Multiple BOS and CHoCH points are marked, indicating significant shifts in market structure. The latest BOS is to the downside, suggesting bearish momentum. Fibonacci Retracement Levels: The Fibonacci retracement levels are drawn from the recent high to the recent low. Key levels include 0.382 (92788.076), 0.5 (93274), 0.618 (93755.742), and 0.786 (94451.748). Volume Profile: The volume profile shows significant trading activity around the 96,486 and 99,800 levels, indicating strong resistance zones. Relative Strength Index (RSI): The RSI is currently at 47.96, suggesting neutral momentum but with a slight bearish bias as it is below 50. Buy Strategy: Entry: Consider buying if the price breaks above the 0.618 Fibonacci level (93755.742) with strong volume. Take Profit 1 (TP1): 96,486 (approximately 873 pips) Take Profit 2 (TP2): 99,800 (approximately 2044 pips) Stop Loss (SL): 92,788 (approximately 467 pips) Sell Strategy: Entry: Consider selling if the price fails to break above the 0.618 Fibonacci level (93755.742) and shows a bearish reversal pattern. Take Profit 1 (TP1): 92,118 (approximately 563 pips) Take Profit 2 (TP2): 91,315 (approximately 644 pips) Stop Loss (SL): 94,361 (approximately 160 pips) VIP Signal: Buy Signal: Entry: 93755.742, TP1: 96,486 (873 pips), TP2: 99,800 (2044 pips), SL: 92,788 (467 pips) Sell Signal: Entry: 93755.742, TP1: 92,118 (563 pips), TP2: 91,315 (644 pips), SL: 94,361 (160 pips) Follow @Alexgoldhunter for more strategic ideas and minds This comprehensive analysis uses Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide detailed buy and sell strategies. The identified levels offer optimal entry and exit points for traders.
BITSTAMP:BTCUSD
by Alexgoldhunter
Copper's Bullish Momentum: Key Levels and Fibonacci TargetsWHSELFINVEST:COPPER Copper's Bullish Momentum: Key Levels and Fibonacci Targets Analysis: The chart displays the 4-hour price action of Copper (CFDs on Copper) with several key indicators and annotations. The price has recently broken out of a consolidation phase, indicated by the Break of Structure (BOS) and Change of Character (CHoCH) annotations. The price is currently in an uptrend, evidenced by higher highs and higher lows. Key Levels: Resistance Levels: 4.33718, 4.33718 Support Levels: 4.19412, 4.08290, 4.01726 Fibonacci Retracement Levels: 0.382 (4.27901038), 0.5 (4.254595), 0.618 (4.23017962), 0.705 (4.21217845), 0.786 (4.19541874) Indicators: Volume Profile: Shows significant volume accumulation around the 4.19412 level, indicating strong support. Relative Strength Index (RSI): Currently at 75.60, suggesting overbought conditions but also indicating strong bullish momentum. Buy Strategy: Entry: Enter a long position at the current price level (4.34107) or on a pullback to the 0.382 Fibonacci level (4.27901038). Take Profit 1 (TP1): 4.33718 (58 pips) Take Profit 2 (TP2): 4.40000 (589 pips) Stop Loss (SL): 4.19412 (147 pips) Sell Strategy: Entry: Enter a short position if the price breaks below the 4.19412 support level. Take Profit 1 (TP1): 4.08290 (111 pips) Take Profit 2 (TP2): 4.01726 (177 pips) Stop Loss (SL): 4.254595 (60 pips) VIP Signal: Buy: 4.34107 TP1: 4.33718 (58 pips) TP2: 4.40000 (589 pips) SL: 4.19412 (147 pips) Sell: 4.19412 TP1: 4.08290 (111 pips) TP2: 4.01726 (177 pips) SL: 4.254595 (60 pips) Follow @Alexgoldhunter for more strategic ideas and minds This analysis leverages Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide comprehensive buy and sell strategies. The identified levels offer optimal entry and exit points for traders.
CAPITALCOM:COPPER
by Alexgoldhunter
US Crude Oil: Key Bullish Levels and Fibonacci InsightsTVC:USOIL US Crude Oil: Key Bullish Levels and Fibonacci Insights Analysis: The chart provided is a 4-hour timeframe of US Crude Oil (WTI) with various indicators and annotations. The chart shows price action, Smart Money Concepts (SMC), and Fibonacci retracement levels. Price Action and SMC: Change of Character (ChoCH): Multiple ChoCH points are marked, indicating shifts in market structure. Break of Structure (BOS): BOS points are also marked, showing significant breaks in the market structure. Support and Resistance Levels: Key levels are marked at 74.98, 74.64, 72.52, 71.37, 70.95, and 70.01. Fibonacci Retracement: The Fibonacci retracement levels are drawn from a recent swing low to swing high. Key Fibonacci levels are 0.382 (74.03804), 0.5 (73.71), 0.618 (73.38196), and 0.786 (72.91492). Volume Profile: The volume profile on the right side shows high trading activity around the 70.01 level, indicating strong support. Relative Strength Index (RSI): The RSI is currently at 67.65, indicating that the market is approaching overbought conditions but still has room for upward movement. Buy Strategy: Entry: 74.00 (near the 0.382 Fibonacci level) Take Profit 1 (TP1): 75.10 (110 pips) Take Profit 2 (TP2): 76.00 (200 pips) Stop Loss (SL): 73.00 (100 pips) Sell Strategy: Entry: 72.50 (near the 0.786 Fibonacci level) Take Profit 1 (TP1): 71.50 (100 pips) Take Profit 2 (TP2): 70.50 (200 pips) Stop Loss (SL): 73.50 (100 pips) VIP Signal Buy: entry 74.00 tp1 75.10 (110 pips) tp2 76.00 (200 pips) sl 73.00 (100 pips) Sell: entry 72.50 tp1 71.50 (100 pips) tp2 70.50 (200 pips) sl 73.50 (100 pips) Follow @Alexgoldhunter for more strategic ideas and minds This analysis integrates Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide detailed buy and sell strategies. The Fibonacci retracement levels, volume profile, and RSI indicators highlight key areas of interest for optimal trading decisions.
THINKMARKETS:WTI
by Alexgoldhunter
EUR/JPY 4H: Key Fibonacci and Volume Profile LevelsOANDA:EURJPY EUR/JPY 4H: Key Fibonacci and Volume Profile Levels Analysis: Description: The chart displays the EUR/JPY currency pair on a 4-hour timeframe. It includes several key indicators and annotations such as Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile. The RSI indicator is also shown at the bottom of the chart. Analysis: Price Action and SMC Analysis: Break of Structure (BOS): Multiple BOS points are marked, indicating significant shifts in market structure. Change of Character (ChoCH): These points suggest potential reversals or shifts in market sentiment. Fibonacci Retracement Levels: Key levels at 0.382 (163.34288), 0.5 (162.977), 0.618 (162.59712), 0.705 (162.3222), and 0.786 (162.06624) are plotted, indicating potential support and resistance zones. Volume Profile: High volume nodes at 163.612, 163.208, and 160.897 suggest strong interest and potential areas of price reaction. RSI Analysis: The RSI is currently around 46.42, indicating a neutral to slightly bearish momentum. The RSI has previously shown oversold conditions, suggesting potential buying opportunities. Buy Strategy Entry: Consider entering a long position at the 0.618 Fibonacci level (162.59712) as it aligns with a high volume node and potential support. Take Profit 1 (TP1): 163.208 (61 pips) Take Profit 2 (TP2):: 163.612 (101 pips) Stop Loss (SL): 162.06624 (53 pips) Sell Strategy Entry: Consider entering a short position if the price breaks below the 0.786 Fibonacci level (162.06624) with confirmation. Take Profit 1 (TP1): 161.500 (56 pips) Take Profit 2 (TP2):: 160.897 (117 pips) Stop Loss (SL): 162.59712 (53 pips) VIP Signal Buy Signal: Entry: 162.59712 TP1: 163.208 (61 pips) TP2: 163.612 (101 pips) SL: 162.06624 (53 pips) Sell Signal: Entry: 162.06624 TP1: 161.500 (56 pips) TP2: 160.897 (117 pips) SL: 162.59712 (53 pips) Follow @Alexgoldhunter for more strategic ideas and minds This comprehensive analysis leverages Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies to provide detailed buy and sell strategies. The Fibonacci retracement levels, volume profile, and RSI indicators highlight key areas of interest for optimal trading decisions.
by Alexgoldhunter
GBP/USD Bearish Continuation with Potential Reversal ZonesFX:GBPUSD GBP/USD Bearish Continuation with Potential Reversal Zones Analysis: The chart displays the GBP/USD 4-hour timeframe with several key elements: Price Action and SMC: Change of Character (ChOCH): Identified at the beginning of the chart, indicating a potential shift in market structure. Break of Structure (BOS): Multiple BOS points are marked, indicating bearish momentum and confirming the downtrend. Fibonacci Retracement Levels: The retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) are plotted, highlighting potential reversal zones. Volume Profile: The volume profile on the right side shows significant volume nodes around 1.26698 and 1.24866, indicating strong resistance levels. Lower volume nodes around 1.22378 suggest potential support. Indicators: Relative Strength Index (RSI): The RSI is currently around 33.14, indicating oversold conditions, which could lead to a potential reversal or consolidation. Buy Strategy: Entry: 1.22378 (near the support level and oversold RSI) Take Profit 1 (TP1): 1.23356 (0.382 Fibonacci level) - 97.8 pips Take Profit 2 (TP2): 1.23960 (0.618 Fibonacci level) - 158.2 pips Stop Loss (SL): 1.21700 (below the recent low) - 67.8 pips Sell Strategy: Entry: 1.24866 (near the resistance level and high volume node) Take Profit 1 (TP1): 1.23356 (0.382 Fibonacci level) - 151 pips Take Profit 2 (TP2): 1.22378 (support level) - 248.8 pips Stop Loss (SL): 1.25500 (above the recent high) - 63.4 pips VIP Signal: Buy: 1.22378 TP1: 1.23356 (97.8 pips) TP2: 1.23960 (158.2 pips) SL: 1.21700 (67.8 pips) Sell: 1.24866 TP1: 1.23356 (151 pips) TP2: 1.22378 (248.8 pips) SL: 1.25500 (63.4 pips) Follow @Alexgoldhunter for more strategic ideas and minds This comprehensive analysis provides detailed buy and sell strategies using the Smart Money Concepts (SMC), ICT Elliott Wave, and Price Action strategies, incorporating all relevant indicators displayed on the chart.
by Alexgoldhunter
Mastering Fibonacci in TradingMastering Fibonacci in Trading Unlock the secrets of Fibonacci and its applications in trading. Learn how to utilize this powerful tool to find optimal entry and exit points, manage risks, and enhance your trading strategies. What is Fibonacci? The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding ones. The sequence begins as follows: The sequence is named after the Italian mathematician Leonardo Fibonacci, who introduced it to Western mathematics in his book Liber Abaci in 1202. One of the fascinating properties of this sequence is the ratio between successive numbers, which converges to approximately 1.618—known as the Golden Ratio . The Golden Ratio and Its Significance The Golden Ratio (1.618) and its inverse (0.618) appear frequently in nature, art, architecture, and financial markets. In trading, these ratios, along with derivatives like 0.382 and 0.786, are used to identify potential support and resistance levels. How Fibonacci Became a Trading Tool Traders and analysts observed that price movements often respect Fibonacci levels, retracing or extending along these key points. This led to the creation of Fibonacci-based tools, such as: Fibonacci Retracement : Used to identify potential reversal levels during pullbacks. Fibonacci Extension : Helps forecast profit-taking levels during trends. Fibonacci Arcs, Fans, and Time Zones : Advanced tools for multi-dimensional analysis. Using Fibonacci in Trading Step 1: Identifying the Swing High and Swing Low Select a clear price movement, either an uptrend or a downtrend, and mark the highest point (swing high) and lowest point (swing low). Step 2: Applying Fibonacci Retracement Using the Fibonacci tool on platforms like TradingView, draw from the swing low to the swing high (for uptrends) or from the swing high to the swing low (for downtrends). Key levels to monitor are: 0.236 (23.6%) 0.382 (38.2%) 0.5 (50%) 0.618 (61.8%) 0.786 (78.6%) These levels often act as support or resistance zones. ICT Optimal Trade Entry Zone Fibonacci retracement levels have been widely used by traders, from traditional to Smart Money concepts. While technical analysis has evolved, traditional tools like Fibonacci retracement levels still hold their relevance. A modern adaptation of this is the ICT Optimal Trade Entry (OTE) concept. The Fibonacci level range from 62% (0.618) to 79% (0.786) is known as the Optimal Trade Entry Zone . This zone is critical for identifying high-probability reversal points during retracements. Bullish Setup : In an uptrend, the OTE zone provides a favorable entry point when the price pulls back to this area, indicating a potential continuation of the bullish trend. Bearish Setup : In a downtrend, the OTE zone serves as a resistance area where the price is likely to reverse and continue its downward trajectory. The Golden Pocket The zone between the 0.618 and 0.650 levels is also referred to as the "Golden Pocket," emphasizing its importance as a high-probability area for price reversals or trend continuation. Combining Fibonacci with Other Tools Fibonacci works best when combined with other technical analysis tools: Candlestick Patterns : Confirmation signals for reversals or continuations. Trendlines : Validate key Fibonacci levels. Volume Analysis : Assess the strength of price movements near Fibonacci levels. ICT Strategies : Use concepts like mitigation blocks or liquidity voids to refine entry points in the OTE zone. Practical Applications Scalping: Use Fibonacci on shorter timeframes to identify intraday opportunities. Swing Trading: Combine Fibonacci retracements with trend analysis for multi-day trades. Long-Term Investing: Employ Fibonacci on weekly or monthly charts to identify major turning points. Conclusion Fibonacci tools are essential for any trader looking to enhance their market analysis. By mastering these tools, including the ICT Optimal Trade Entry concept, you can: Identify optimal entry and exit points. Manage risks more effectively. Gain deeper insights into market behavior. Start experimenting with Fibonacci today on TradingView and discover how it can transform your trading strategy!
Education
by BigBeluga
19
Public trade #3 - #SOL price analysis ( Solana )The CRYPTOCAP:SOL price has already dropped into the medium-term Buy zone If you see prospects for #Solana and want to buy this coin for your investment portfolio, then the $155-190 buy zone is just for you The price of OKX:SOLUSDT shouldn't go any lower if the “planned” targets for further growth to $340, $650, and even $1100 remain relevant in MM. 📈 As for how to buy: either with limit orders at $190 and $155 or at an average price of $173, or with a “grid” in the specified range - it all depends on the amount of your deposit allocated to this asset and your trading strategy in general. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
General Electric Still Has Battery. GEThere is a constellation of factors to lay a foundation for a bullish bias. MIDAS and US curves are both crossed, plus upgoing stochastic/volatility combo. Right now we are of the view that this is an evolving ABC zigzag or flat, with view to reverse position should the red line be crossed and pattern effectively evolves to a downward triple drive or something similar. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions. We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance. Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
NYSE:GELong
by Rykin_Capital
Crypto market or Your dream world-Maybe it is Whale's Dream landHi in the Summary of what is going on on this Educational post we have these topics: 1. How much is percentage of BTC pump from low and is it saving spot here? 2. How did market react previous time when every one rush to buy crypto? 3. are these short-term falls and soon after that pump back above 100K$ any sign? 4. Future of Bitcoin(long-term)? 5. Where is better Buy zone for me to enter after i miss +600% 700% pump on most of the tokens? 1. How much is percentage of BTC pump from low and is it saving spot here? The answer is crazy +500% to 580% pump: from the low to ATH is something around 580% gain and from range zone of daily low to above 100K$ it would be around 500% rise. and if you take a look at that chart you can see at July 2024 we had short-term fall of 32% which is what i am looking for now, 30% dump here as a correction is nothing but it may definitely liquid so many Traders and new investors with Low leverage even. And we can not say how much it fall not sure to say 20% or 30% or 40% But it needs range or correction soon. 2. How did market react previous time when every one rush to buy crypto? you can read the chart the info and most investors feeling is also mentioned on the chart. 3. are these short-term fall and soon after that pump back above 100K$ any sign? I can not talk about this very sure because it may be sign for two possible scenarios: 1. the Bull candles and market is strong and every time it is getting back near ATH. 2. The Whales or ... are pumping it soon after they sell huge amount to New investors then after it pumps and so many other investor come To buy because it may break ATH and ... they sell huge more amount and this processes of selling usually takes a lot because we are talking about huge amount of sell and they need more investors to bring and sell them token and after that dump it and range it down there in -40% or more and get back their tokens. So yes i think the price is getting back up is Because of More sells to new investors which are rushing to come to the market.(But these are all my experience and you always do your own research) 4. Future of Bitcoin(long-term)? IF we are talking about long-term i should say my view is also Bullish. Why not we all know the benefits of Bitcoin and crypto market and we all know it is not like our money which we are using daily and banks can easily print them and ... and day by day the value of them decreasing and the amount of them are increasing But Bitcoin or most crypto the tokens are Fixed number and day by day they are getting more valuable and acceptable in world and......... 5. Where is better Buy zone for me to enter after i miss +600% 700% pump on most of the tokens? As i mentioned above this is my personal Analysis of where to buy and .. and it may be right and it may be false so always in market open different analysis and also do your own analysis and do research.(Because it is my analysis but that one in your hand is your money so take care) So i think the major buy zone and major daily support if it touches and also it holds is : 70K$ to 80K$ for now i may update after i see candles. Conclusion: Crypto market or Your dream world---Maybe it is Whale's Dream land The answer is this: Yes the crypto market is your Dream world + also it is Whales Dream world too(😊) And it is all about who hunt first? and who is hunted? Please if you like the content like this post also lets talk about your experience in market and any questions in comments Below. DISCLAIMER: ((trade based on your own decision)) and also remember this may happen or not and this was my own view so always keep searching and learning and good luck and i provide this post to give you some warning and learning about BTC or your own Tokens
Education
by MMBTtrader
29
NQ Power Range Report with FIB Ext - 1/10/2025 SessionCME_MINI:NQH2025 - PR High: 21309.00 - PR Low: 21211.25 - NZ Spread: 218.75 Key scheduled economic events: 08:30 | Average Hourly Earnings - Nonfarm Payrolls - Unemployment Rate AMP raised margin requirements for pre-RTH jobs news - Additional expectation of high volatility due to Friday following a closed market holiday - Abnormally wide first hour range for session open - Daily print advertising potential rotation above 21400 - Holding auction below Wednesday's close, above the low Session Open Stats (As of 12:45 AM 1/10) - Weekend Gap: N/A - Gap 10/30/23 +0.47% - Session Open ATR: 378.31 - Volume: 33K - Open Int: 239K - Trend Grade: Bull - From BA ATH: -5.1% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 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:NQH2025
by mv3trader5
Bullish on Walmart. WMTThere is a squeeze developing on this stock, whether you look at Bollinger Bands or the Band formed by the upper and lower MIDAS curves. If a move is imminent, it is more likely to the upside given the stochastics and volatility indicators. This is certainly supported by increase. One major worrying equation is the progressively dropping volumes as the peaks progress. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions. We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance. Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
NYSE:WMTLong
by Rykin_Capital
2
Bullish on UnitedHealth Group. UNHMajor confluence of factors here to suggest a bullish bias. MIDAS curve cross shortly after Ehrler's Smoother cross. Suspect B Wave start in a flat zigzag. Ehrler's stochastic and VZO remain bullish, yet less convincingly. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions. We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance. Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
NYSE:UNHLong
by Rykin_Capital
ENVISTA Stock Chart Fibonacci Analysis 010825Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 18.6/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C 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 provide 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.
NYSE:NVST
by fibonacci6180