Gap and Possible Reversal for Roblox. RBLXIn many ways a similar picture to Google today. End of trend is unconfirmed, but the gap and "change in tone" of candle is suggestive. If this is not the end of the road then we might be looking at the beginning of a Wave 4 or Sub-Wave 4 on some level. There is technical indicator evidence of a reversal, also.
Fibonacci
Bearish Outlook for ENA: Potential Downward TrendHello everyone! 👋
I hope you're all doing well. I wanted to share my thoughts on ENA and provide my perspective on the current market situation. Here's my outlook:
The price of this coin is exhibiting signs of weakness, suggesting it may face further downward pressure. Recent price action has broken through key support levels, while momentum indicators are pointing to a continuation of the prevailing downtrend.
If the broader market sentiment remains negative, we could see further declines toward the next major support zones. While potential rebounds are always a possibility, the overall trend currently appears to favor the bears.
Stay vigilant and manage your risk accordingly.
Best regards! BINANCE:ENAUSDT
Google Gapping Down. GOOGLWhen gaps occur in an overstretched market in the opposite direction to the trend, these tend to become areas of resistance and do not get filled. Here, the price action prior to the gap flipped the VZO, BB %pct and Ehlers StochRSI. Adding fuel to the fire, vWAP and US are in tandem acting like resistances to downward price action.
Bullish on the Euro Dollar. USDEURSwitching to FOREX, momentum and volatility reversal is evident on this pair technically. There is a confirmation by MIDAS line cross ~ actually a triple cross of MIDAS, vWAP and US lines by that engulfing bullish candle. If this is not a switch of modality then its a whipsaw.
Harmonic Within a Harmonic on Gilead. GILDThey are crooked looking, but are present. Another tangent of evidence on the obvious fractal nature of markets. That thick candle to us confirms break of trend and the underlying indicators are also suggestive. It is prudent to note that the indicator readings have been formed by price action, volume and volatility immediately coming prior to that candle. Good luck out there!
BTC: possible reversal in sight.85K is the 0.5 fibbonachi level measuring from the breakout of downtrend in Nov 24 to ATH. There is a liquidity Zone between 86-89K.
Fair Value Gap between 77-85K
Next liquidity Zone @ 74-76K. Which also marks the 0.5 fibbonachi from the swing low in Aug 24 to peak. 74K is also the previous ATH meaning that there are 3 points of confluence.
Believe that the whales could grab liquidity Zone 1, move easily through FVG, grab the 2nd lot of liquidity before seeing a reversal to the upside.
A touch on the uptrend and moves to "oversold" on RSI would add further confluence.
A long entry @ 75K could be favourable.
If this pattern plays out it would be a -24% drawdown on BTC and alts are correlated by roughly 2:1 therefore a move down for alts of 50% could be on the cards.
Bitcoin has always peaked in November or December of the year following the halving event. And it is believed that we could see a big, brief move down in Feb before seeing a new ATH printed Nov-Dec 25.
IBM Pivoting downward. IBMA nicely proportional AB=CD pattern here, with RSX divergence (momentum) present. This is significant. Crosses and confluence on VZO and Stoch RSI, BB %RCT downgoing. Fibonacci offer some static goals. A word on goals - we discourage use of anything static in the markets. The nature of markets is such that the system is far too dynamic for any rigid rules to be profitable. We thus use a dynamic system, such as an indicator based algorithm for exits.
BTC has one more leg upBitcoin is currently range-bound and hasn't broken above resistance. In the coming months, be ready for a move higher towards 125-150k. This is the level I'm predicting to be cycle top.
Cyclical analysis tells us this should occur around fall-winter of 2025. I'll be updating this chart as we near cycle top. For now, this is a potential re-entry point <100k
The next bear market will be steeper than most people think in my opinion.
GBP/AUD 2 Day AnalysisPrice may have made a lower high at the 78.6% Fibonacci level.
Any sell setups may lead to further downside in line with a correction in the parallel channel.
The first target could be 1.9596 where price most recently found support.
The second target could be the base of the channel or the -27% Fib extension.
Understanding Fibonacci In TradingUnlock the secrets of Fibonacci and its powerful applications in trading. Learn how to use Fibonacci tools to identify optimal entry and exit points, manage risk, and refine your trading strategies. While many traders are familiar with basic Fibonacci retracements, this guide will also explore advanced techniques and lesser-known concepts.
📚 The Foundation of Market Geometry
🔢 What is Fibonacci?
The Fibonacci sequence is a series where each number is the sum of the two preceding ones:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34...
This mathematical principle, introduced by Leonardo Fibonacci in Liber Abaci (1202), is foundational to nature, architecture, and financial markets. The key ratio derived from this sequence is 1.618, known as the Golden Ratio.
✨ The Golden Ratio and Market Significance
The Golden Ratio (1.618) and its inverse (0.618) appear frequently in natural patterns and price movements. In trading, these ratios help determine potential support and resistance levels.
Other critical Fibonacci-derived levels include:
0.236 (23.6%)
0.382 (38.2%)
0.5 (50%) (not strictly Fibonacci but widely used)
0.618 (61.8%)
0.786 (78.6%)
📊 How Fibonacci Became a Trading Tool
Traders noticed that price movements often respect Fibonacci levels, leading to the creation of Fibonacci-based tools:
📉 Fibonacci Retracement: Identifies potential reversal zones during pullbacks.
📈 Fibonacci Extension: Forecasts potential profit-taking levels.
📐 Fibonacci Arcs, Fans, and Time Zones: Advanced tools for multidimensional analysis.
Circles
Fans
🛠 Applying Fibonacci in Trading
📍 Step 1: Identifying Swing Highs and Swing Lows
Choose a clear trend and mark:
Swing High (peak before price declines)
Swing Low (trough before price rises)
📏 Step 2: Using Fibonacci Retracement Levels
On platforms like TradingView, apply the Fibonacci tool:
Uptrend: Draw from Swing Low to Swing High.
Downtrend: Draw from Swing High to Swing Low.
Key retracement levels act as support or resistance zones.
🚀 Advanced Fibonacci Concepts
🎯 ICT Optimal Trade Entry (OTE) Zone
A modern adaptation of Fibonacci, OTE focuses on the 0.618 - 0.786 retracement zone.
📊 Bullish Setup: In an uptrend, the price pulling back into the OTE zone signals a high-probability long entry.
📉 Bearish Setup: In a downtrend, price retracing into the OTE zone suggests a shorting opportunity.
💎 The Golden Pocket
The zone between 0.618 - 0.650 is known as the "Golden Pocket." This is a prime area where the price often finds strong support or resistance before continuing its trend.
⏳ Fibonacci Time Zones
While most traders focus on price-based Fibonacci levels, Fibonacci Time Zones can predict when significant price movements may occur. These vertical lines are placed at Fibonacci intervals (1, 2, 3, 5, 8...) from a significant market event.
🔄 Fibonacci Confluence
When multiple Fibonacci levels align with other indicators (trendlines, moving averages, pivot points), it creates a Fibonacci Confluence Zone, strengthening the probability of a reversal or continuation.
📊 Fibonacci Clusters
Traders can plot multiple Fibonacci retracements/extensions on different timeframes. Overlapping levels suggest a high probability reaction zone.
📌 Combining Fibonacci with Other Tools
Fibonacci analysis is most effective when combined with:
📉 Candlestick Patterns: Confirmation for reversals or continuations.
📏 Trendlines & Moving Averages: Validate Fibonacci levels.
📊 Volume Analysis: Gauge strength of reactions at Fibonacci levels.
🧠 ICT Strategies: Incorporate Fair Value Gaps, Inversion Fair Value Gaps, Breaker Blocks, and Order Blocks for precision entries.
📍 Practical Applications of Fibonacci
⚡ Scalping: Use Fibonacci on lower timeframes (1m, 5m) to identify intraday opportunities.
📈 Swing Trading: Combine Fibonacci retracements with trend analysis for multi-day trades.
💰 Long-Term Investing: Apply Fibonacci tools on weekly/monthly charts to pinpoint major turning points in the market cycle.
🏆 Key Takeaways
Mastering Fibonacci enhances your ability to:
Identify optimal entry and exit points.
Manage risks with precision.
Gain deeper insights into price movements.
By integrating Fibonacci with other trading strategies, you can refine your approach and improve decision-making. Start experimenting with Fibonacci tools today on TradingView and elevate your trading strategy!
what is happening to BTC right now ?! 🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺
In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯
"First of all, let's examine the monthly chart. In my opinion, this is one of the best timeframes, especially for this analysis, because it reveals extraordinary price targets. Let's dive into it :
As you can see on the monthly chart , BTC is between two uptrend curves that have acted as support and resistance since 2015 . These curves are fairly strong, justifying their classification as strong support and resistance lines on the monthly timeframe.
As you may already know, the higher the timeframe we examine, the more accurate results we can achieve. Therefore, the patterns on the monthly timeframe are much more accurate than those formed on the daily or even the weekly timeframe. In this case, we have a clear and perfect bullish flag pattern . This is a bullish pattern, and its main target, which aligns with our resistance line, is around $165,000. 🔥🐺🚀
So let's reveals more details for you dear 🐺KIUCOIN🐺 family :
In the chart above, on the weekly timeframe, we have a clear AB=CD pattern . This is a well-known pattern in harmonic trading and, in my opinion, is quite accurate. Seven out of ten times, these patterns reach their targets, making them a valuable tool for traders .
So I think there is another secret reason for us to pay attention to it :
BTC.D
As you can see in the chart above, BTC.D is currently within a symmetrical triangle, which could also be considered an ascending triangle in this case. It appears to be on the verge of breaking out. In my opinion, if BTC.D breaks through this resistance level, it could be incredibly beneficial for the BTC price , potentially leading to a significant rally up to $165,000. However, this could also be challenging for altcoins and ETH . While they might also experience pumps alongside BTC, these pumps are likely to be less substantial. After such a BTC-led rally, we could expect a massive altcoin and ETH season. So, stay tuned with me until that time, as we could potentially make life-changing money together during this market cycle.
Now finally it's time to take look at the lower time frame :
As you can see on the daily timeframe , if BTC breaks through the orange resistance line , we could consider entering a long position with a target of the previous all-time high. You could also take some profits at a predetermined level and set your stop at the entry point to protect your initial investment. The remaining position could then potentially continue to generate profits, leading to a higher target of $165,000.
I hope you enjoy this idea dear KIUCOIN family , also always remember :
🐺 Discipline is rarely enjoyable , But almost always profitable 🐺
Reversal on Vertex Pharmaceuticals. VRTXMean reversion strategy in a fade for the most recent rally. Here, we are betting that the rally, now in OBOS, will not cross the most recent high of highs. More specifically, that the price action will not exceed one std deviation of the vWAP value. There are divergences on the indicators below to support trend weakness, and historically nothing stays in OBOS too long. Ellioticians may appreciate a flat forming now.
GBP/USD - Weekly Market OutlookHi all,
Last week we had a very successful week capturing 5-6 big moves all over 300Pips...
Due to the market being closed I will be doing my review of my preferred Currency Pairs.
First pair being GBP/USD -
Weekly view is Bearish
Daily View is still Bearish
Due to higher TF being Bearish I will be looking for overall sell setups.
I will be posting smaller TF analysis also on my page so be sure to follow and comment if you like the way I break down the charts
On this view being the Daily Time frame I see price has returned to a strong Supply zone, price reacted off this before climbing back up to the Supply and making another rejection. This time price gave us a Double Top giving me strong confluence of a Reversal being strong Sellers Volume, price also pushed away with a 6H Order Block BUT... price did NOT return back to this Order Block and measuring on the Fib for the OTE zone we also didn't tap into the 71% Level.
This means we cannot jump straight into a sell but I do see price having a run here so I would like to see a smaller TF pullback before looking to enter a sell Position of which I will breakdown on the page.
Hope this helps you guys and please keep up with the Support.
RVSN Potential Reversal - AI Rail Paves the wayRail Vision is building behind the scenes.
There's interesting price action around this level. we might see it go lower for a big buyer and full fear but we believe this name will pave the way for great AI resources.
We can see that there's a potential push higher for upcoming summer mania. Clear skys ahead but be warned for any quick turns into caves or tunnels.
Could this go higher for longer? . Not Financial Advice. Risk at your own discretion.
TSLA: Fractal-Based Timing [FA]Coverage of the chart as a reflexion of reality without TA bias because the chart is already a self-referential source.
Visualizing the relativistic structure of price movements using Fibonacci Channels, mapping historical significance onto a probabilistic framework. The intersections of these channels define areas of probability density, highlighting potential attractors and repellers for price. This structured projection offers a fractal-based roadmap of price behavior, where past cyclical relationships guide future targets.
Frames of Reference:
HH 2021 × LL 2023 → LL 2024
Regressive HH 2021 → LL 2024
Regressive LL 2023 → HH 2024
Interconnected historic prices project probabilistic levels at intersections (Interference Pattern in QM). Use them to evaluate your own targets.
Bodycote PLC Stock Quote | 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
# Bodycote PLC Stock Quote
- Double Formation
* A+ Set Up)) | Completed Suvey | Subdivision 1
* 012345 | Wave Feature & Entry Bias
- Triple Formation
* Trendline 1&2 | Triangle Pattern | Subdivision 2
* 1.618 Area | Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
US30 Bearish M-Pattern Setup for Next Week Overview: Potential M-Pattern (Double Top) Formation
Analyzing the US30 4H chart, we might see a bearish M-pattern develop next week.
Here’s why:
🔹 Price Action: Rejection near the 0.786 - 0.886 Fibonacci zone suggests a potential reversal.
🔹 Bollinger Bands 📊: Price hit the upper band and is contracting, signaling a potential downside move.
🔹 RSI 📉: Falling from overbought and heading toward 40, confirming bearish momentum.
🔹 MACD ⚡: Bearish crossover happening, with the histogram turning red—momentum is shifting down.
🔹 Fundamental Catalyst: Next week’s economic events:
CPI Data (Tuesday) 🏦
Retail Sales (Thursday) 🛍️
Unemployment Claims (Thursday) 📊If inflation remains high, the Fed could maintain a hawkish stance, further weighing on US30.
🔥 Bearish Trade Plan 🔥
🔢 Entry Zone: 44,600 - 44,750 (Watch for rejection)
🔢 Confirmation:
✅ Bearish engulfing candle 🔥
✅ RSI below 50
✅ MACD maintaining bearish momentum🎯 Take Profit Levels:
TP1: 44,350 (0.618 Fib Level)
TP2: 43,950 (0.5 Fib Level)
TP3: 43,075 (0.382 Fib Level - Strong Demand Zone)
🚨 Stop Loss: Above 44,900 to protect against false breakouts ⚠
💸 Risk-Reward: Aim for 1:2 or better
Final Thoughts 🤔
If the M-pattern plays out, expect a bearish move next week. However, CPI data will be a key factor—stay flexible and manage risk!
🚀 Trade smart & stay disciplined! 🚀
Do not risk more than 1% of your account.
Comment your thoughts and follow for more cool ideas
Regards,
Nozuk
#US30 #Trading #PriceAction #TechnicalAnalysis #Forex #Indices #Nozuk
Gold Under Pressure: Potential Bearish Reversal from Resistance
🚨 XAUUSD Bearish Reversal Setup at Key Fibonacci Levels 🚀📉
Gold (XAUUSD) is approaching a critical resistance zone between the 1.272 (2846.09) and 1.618 (2866.24) Fibonacci extension levels, where price often shows signs of exhaustion. After an extended bullish rally, momentum is slowing down ⚡—hinting at a possible reversal.
📊 Technical Breakdown:
• 🔑 Fibonacci Confluence: Price is reacting strongly around 1.272 and heading towards 1.618—classic reversal zones for trend exhaustion.
• ❌ Rejection Signals: Multiple wick rejections suggest strong selling pressure from institutional levels.
• 📉 Trendline Support Target: A rising trendline around 2790.57 could act as the next bearish target if momentum shifts.
• 🎯 Risk-Reward Edge: Stop loss secured above 2867 to avoid fakeouts, targeting a high-probability move towards trendline support.
💼 Trade Setup:
• 🔻 Sell Entry: 2840–2850
• 🛡️ Stop Loss: 2867 (above resistance)
• 🎯 Take Profit: 2790 (trendline support)
📈 Market Outlook:
If price fails to break above the resistance zone, expect a bearish correction towards the trendline. A strong breakout above 2867 would invalidate this setup, signaling continued bullish strength.
🤔 What’s your outlook on XAUUSD? Drop your analysis below! 👇🔥