USDCAD Scenario 1.1.2025In this market, I only see that if we maintain the monthly level around the price level of 1.43 and if the price wants to head towards this level, we will watch the sfp below the low and there a possible entry into long at the price where the next monthly level is located at the price of 1.45800.
Fibonacci
GBPUSD Scenario 1.1.2025This market is very difficult to predict at the moment, the point is that we have very close resistance around the price level 1.2520, if we hold this level, we can consider the previous low as an sfp from which the price can start to rise, or if we do not hold this level, we will fall below it and the market will try to hold the second sfp or send the price even lower.
EURUSD Scenario 2.1.2025In this phase we are in, I think it is better to stay out of it at least on higher tf because when I look at this market, I rather expect some new bottom which could be considered as sfp below low from which the price could bounce into long but for now I am watching the reaction around the poc level.
NZDUSD Scenario 2.1.2025This analysis is just a clarification of the previous analyses. We are creating an sfp below the low, which could indicate some potential space for a long setup, but I am keeping some space for now. If the sfp is confirmed, I will take a long first tp around the price. If we get above the weekly level, which is at 0.56550, it is around 0.57920.
EURJPY Scenario 2.1.2025In this market we can see an expanding triangle that has just completed wave e now it depends where the market decides to go we still have two options one is that the price will return back to the support at the price of 164.230 where there is also 0.5 fibo from the previous wave or the price will break through and go for tp to fibo levels 0.618 or 0.786
XRP Targets!COINEX:XRPUSDT The price is fluctuating in the range of $1.9 to $2.5.
Having passed the resistance of $2.5, we have targets of $4.7 and $12.
If it reaches $12, we probably have a longer price correction that can pull back to $2.5.
After this long correction, the target of $105 to $133 will be activated.
If $1.9 is broken, there is a possibility of seeing prices of $1.2 or $0.7.
Don't forget to boost, follow and comment.
Ali Rezaei
Expensify Inc. 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
# Expensify Inc. Stock Quote
- Double Formation
* 012345 | Wave Count Entry Bias | A+ Set Up))
* 5X Retracement Numbered | Subdivision 1
- Triple Formation
* (Neckline) | Pattern Confirmation | Subdivision 2
* Uptrend Bias & Continuation Bias | 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 | Buy
APT/USDT Key Support Level in Focus for Potential Bullish RThe chart showcases a potential breakout scenario for APT/USDT, as the price is attempting to establish $10 as a solid support level. A successful confirmation of this level on higher timeframes could pave the way for a bullish rally.
Key Observations
1. The price is consolidating around the critical $10 zone, attempting to flip it into support.
2. Confirmation of $10 as support on a higher timeframe is essential to validate upward momentum.
3. Aptos remains undervalued below $10, presenting a favorable accumulation zone.
Strategic Implications
Monitor closely for higher timeframe confirmation of the $10 support level. A sustained hold above this level may trigger an upward move, making it a strong candidate for a long position. Be cautious of false breakouts and ensure adequate risk management in case of unexpected price dips.
ICP/USDT Bull Flag Breakout is Loading....The chart highlights a classic Bull Flag pattern, which signifies a potential continuation of the upward trend. At present, the price is consolidating within the confines of the flag, indicating a phase of market indecision as it builds momentum for a breakout.
Key Observations
1. The Bull Flag structure remains well-defined, with the price oscillating inside a descending channel.
2. Support is evident along the lower boundary around the $11.5 mark, offering a logical entry point for buyers.
3. A decisive breakout above the upper boundary of the flag would confirm the bullish outlook and could trigger a strong upward surge.
4. The projected target for this move lies above $14, aligning with significant resistance levels observed previously.
Strategic Implications
Patience and vigilance are crucial. Focus on identifying a breakout above the upper boundary, ideally accompanied by increased trading volume to affirm the move. In the event of a retest near the $11-$11.5 support zone, it could provide a favorable opportunity for initiating long positions. Be mindful of potential false breakouts and use risk management strategies, such as setting appropriate stop-loss levels, to protect your capital.
BITCOIN → Consolidating before an important eventBINANCE:BTCUSD is consolidating between 99.5K and 91.8K as traders await action from politicians and Trump's inauguration as the main driver behind the rally.
Fundamentally, things are still good. Trump promised a lot of positive actions towards bitcoin and the cryptocurrency market in general, but at the moment the main issue is the inclusion of bitcoin on the balance of the federal reserve. But everything depends more on the realization of the promises, if the community does not get what they were promised, a correction may be triggered.
Technically bitcoin looks very strong. After a strong rally, there is no hint of a possible fall or deep correction, which means that someone is keeping the price in the specified range. Until important events, the price can still stand still, in the range between 100K and 90K.
As for altcoins, they are getting a chance as bitcoin dominance continues to decline after the trendline break. A capital move could spark a rally in strong altcoins in the near term.
Resistance levels: 99.5K, 102.5K, 103.5K
Support levels: 95K, 91.7K
Since the price is in neutral and trading between strong levels, I prioritize a false breakdown of resistance and correction inside the channel. Then further reaction may give hints. If there will be no fall and the price starts to consolidate in the resistance area, then we will have a chance to rise to 102-103K
Regards R. Linda!
Would you sell against BTC?After BTCUSD reached its All Time High (ATH) of 108,451 on Dec 17th, it dropped strongly to the support area of 91,600.
In the first week of the year, BTCUSD has bounced off the support to trade up to the 101,900 area again. Which coincides with the 61.8% Fibonacci retracement level.
At this point, the TSRI MACD is indicating the potential for a crossover to the downside.
However, if the price stays above the 38.2% Fibonacci retracement level AND the bullish trendline, further upside is likely!
Would be looking to buy at value rather than trying to short it down.
NQ Power Range Report with FIB Ext - 1/7/2025 SessionCME_MINI:NQH2025
- PR High: 21796.25
- PR Low: 21768.75
- NZ Spread: 61.5
Key scheduled economic events:
10:00 | ISM Non-Manufacturing PMI
- ISM Non-Manufacturing Prices
- JOLTs Job Openings
Previous session run to 21900 inventory
- Rotating inside daily Keltner average cloud below previous session close
Session Open Stats (As of 12:45 AM 1/7)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 376.77
- Volume: 27K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -4.2% (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
TABOOLA Stock Chart Fibonacci Analysis 010625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 3.83/61.80%
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: 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 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.
$SPY January 7, 2025AMEX:SPY January 7, 2025
15 Minutes.
Yester opened gap up. But was not strong and started to reverse.
So today holding 594-595 is important.
It represents 23% retracement for the rise 580 to 599.
Today buy will be above 598.5 and the moment I see 592 strong supports being 200 averages in 15 minutes.
If you can go down to 5 minutes, we opened above 200 and retraced back to 200 support and was up above 200 averages in 5 minutes the whole day.