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Fibonacci

INR has made a major top against USDFall of INR against the USD began in early 1970s, or perhaps late 1960s--we don't know for sure for lack of trading data. Since then, it has depreciated against the USD in crystal-clear 5 legs, or waves according to Elliott Wave Theory (EWT). To validate EWT, there occurred a gigantic gap of 9.23% in July 1991 where third wave is supposed to be--a hallmark of third waves. Furthermore, there's even a divergence between Price and Elliott Wave Oscillator (5/35 MACD) on the Monthly chart--typical of fifth waves. So, what's next then? Considering the time frame of the entire price move till date, I would say that a bear wave of Supercycle degree has just ended and we are looking at a 10-15 year advance in Indian Rupee against the US Dollar . In support of my forecast, INR has just posted a beautiful, unambiguous 5-wave advance in the shape of an expanding diagonal--hallmark of first waves--from 87.972 to 83.7625. If I'm right, price should retreat a bit toward the classic 61.8% level at 86.3396, and then fall hard--and I mean very hard, with a gap--toward the levels below 80, followed by another pause and a small retreat, and another fall, thereby completing a set of 5 distinct waves . Should price follow the path of my forecast to that point, we would have a definite confirmation on hand that a Supercycle bear wave has indeed ended. The final target of this Supercycle bull wave of INR vs. USD? It's too early and too far ahead to hazard a guess, but as per EWT principles, it should be somewhere close to 44. Yes. 1$ = ₹44. I hope I live to see that day. It's going to take a while, till 2040 perhaps, but we'll get there alright.
Short
by akg1249
2
US 100 - Could The Recovery Continue?A press conference yesterday morning led by US Treasury Secretary Bessant and Trade representative Greer outlined a positive conclusion to the first round of trade talks between the US and China. The news grabbing headline was a 90 day reduction in combined US levies on Chinese imports being reduced from 145% to 30% and Chinese duties on US goods dropping from 125% to 10%. This announcement put a further squeeze on weak short equity positions, and gave fresh impetus to the bulls, helping to fuel a 4% rally in the US 100, taking it above some interesting technical levels (more on this below). Now, with a framework in place for further talks between the world’s two biggest economies, representatives from the two countries have 90 days to work towards a broader agreement. However, US Treasury secretary Bessant did say that there may be a chance to extend the tariff reduction for a longer period if there is good faith, engagement and constructive dialog to keep moving forward. A slight caveat which outlines the huge amount of negotiation and focus that needs to be maintained from both sides to finalise a more long term agreement. While traders may still be focused on trade negotiations and potential trade deal updates with allies across the rest of this week, there is also some economic data to focus on. The latest US inflation reading in the form of CPI is due out later today at 1330 BST, where any deviation from market expectations may either add further buying momentum to the recent move higher, or give traders a reason to take profits against some potentially important technical levels. Technical Update: Breakout From the Late March Highs With a positive reaction to the US/China trade talks seen in US equities, the US 100 index has posted its highest closing level since February 26th 2025, as price strength has continued to emerge from the capitulation to 16290 on April 7th. Traders are possibly now viewing the ability of the index to close above 20871, the March 25th session high, as something that may lead to a more sustained period of price strength. Of course, a break of a previous price high isn’t always a guaranteed signal of price strength, but with the constructive pattern of higher price highs and higher price lows in place since the April 7th low (16290), the question may now be asked, what are the next potential resistance levels to current strength? Potential Resistance Levels: Having seen a new recovery price high for the current phase of strength posted on Monday at 20914, traders may now be viewing this level as a possible first resistance, and how this level is defended on a closing basis could be important. However, following the latest price strength, if closes above this 20914 high were to materialise, traders might then shift their focus to 22226, which is the February 18th all-time high, as the next possible resistance area. Potential Support Levels: Of course, much depends on future market sentiment and price trends, and we know price strength can quickly fail, even reverse back to the downside. So, we must be aware of possible support levels that if broken, may see risks to turn towards potential of declines. A support focus might now be half of the latest price strength seen from last week’s low, which stands at 20252. If this level gives way, a deeper decline might then be on the cards back towards 19627, which is equal to the 38.2% Fibonacci retracement of April to May 2025 strength. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:NAS100
by Pepperstone
BTC/USD Price Action Update – May 13, 2025📊 BTC/USD Price Action Update – May 13, 2025 🔹Current Price: 102,477.87 🔹Timeframe: 15M 📌 Key Demand Zone: 🟢 102,322–102,505 – Proven zone with repeated rejections; price has bounced again suggesting buyer defense is active. 📈 Scenario 1 – Bullish Breakout Incoming: A clean break and retest above 102,750 could signal bullish continuation toward 103,200+ Confirmation candle needed above recent highs with increasing volume. ⚠️ Scenario 2 – Intraday Trap: Failure to break 102,750 with rejection could lead to short-term retest of 102,300–102,500 range. No longs unless zone holds again. 🔍 FXFOREVER Insight: ✅ 15M structure building higher lows ✅ Liquidity forming above 102,750 ✅ Watch for breakout-retest setup for low-risk long #BTCUSD #BitcoinTrading #PriceAction #SmartMoneyZones #BreakoutTrade #DemandZone #FXFOREVER #ScalpingStrategy #CryptoCharting
CRYPTO:BTCUSDLong
by FXFOREVER_87
NQ Power Range Report with FIB Ext - 5/13/2025 SessionCME_MINI:NQM2025 - PR High: 20963.50 - PR Low: 20913.25 - NZ Spread: 112.25 Key scheduled economic events: 08:30 | CPI (Core|MoM|YoY) Weekend gap strongly remains unfilled - 25% AMP margins increase for expected CPI volatility spike Session Open Stats (As of 12:25 AM 5/13) - Session Open ATR: 551.55 - Volume: 32K - Open Int: 275K - Trend Grade: Bear - From BA ATH: -7.9% (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:NQM2025Short
by mv3trader5
Clearwater Paper Stock Chart Fibonacci Analysis 051225Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 25/61.80% 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 provides 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:CLW
by fibonacci6180
Litecoin Stock Chart Fibonacci Analysis 051225Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 96/61.80% 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 provides 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.
COINBASE:LTCUSD
by fibonacci6180
Bitcoin Elliott Wave: Impulse Pattern CompletedExecutive Summary Bitcoin rallied 40% over the past month. The rally appears to be a completed impulse pattern. A decline to $93,450 would be considered normal over the next few weeks. Completed Elliott Wave Impulse Pattern On Sunday, May 11, Bitcoin’s price appears to have completed a bullish Elliott Wave impulse pattern . There are a few scenarios to anticipate after a completed impulse. The majority of those scenarios point towards a complete retracement of the fifth wave of the impulse pattern. For Bitcoin, this implies a decline back to $93,450. Current Bitcoin Elliott Wave Count The rally that began on April 8 to May 11 appears to be a completed impulse pattern consisting of five waves. There is fairly strong wave geometry creating the impulse pattern. We can use our Fibonacci extension tool to measure out the length of wave (v) relative to wave (i). Wave (v) is equal to the length of wave (i) near 105k which is a common wave relationship when the third wave is extended. It appears that wave (v) topped out at 105,719, near the target zone. Once the impulse pattern completes, oftentimes, the entire fifth wave of the sequence is retraced. This implies a decline to the wave (iv) extreme at $93,450 is a high probability trend. Also, when we apply the Fibonacci retracement tool to the April 8 to May 11 uptrend, the 38% Fibonacci retracement level crosses right at the wave (iv) at $93,826. This is very common geometry within a bullish impulse pattern. Notice in the chart above how there is a support shelf of prices near the same $93k. This $93k zone will likely act like a magnet and attract prices. This does not mean you want to short the market in anticipation of falling prices. The bullish impulse pattern suggests the larger trend is still higher. Therefore, use the falling prices as a means to reload long positions at lower levels. Prices do not have to stop at $93k. It is possible that a decline could dig deeper to GETTEX:87K and that would be considered normal after a completed impulse pattern. A print below the 78.6% Fibonacci retracement level will be an early warning signal that another pattern is developing. Bottom Line Bitcoin appears to have completed a bullish impulse rally from April 8 to May 11. A decline to $93,450 would be considered normal within a larger uptrend. The decline could dig deeper to $87k. Once the decline ends, we’re anticipating a new rally to develop to new all-time highs. If Bitcoin drops below $81k then we’ll consider a different pattern is in development and we’ll need to reassess the wave count.
INDEX:BTCUSD
by JWagnerFXTrader
Revolve Group Stock Chart Fibonacci Analysis 051225Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 18.3/61.80% 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 provides 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:RVLV
by fibonacci6180