Price Reversal in Play: Key Levels and Targets to WatchAfter analyzing multiple timeframes, we can see that the price started trading within a large channel from Friday, 15th March 2024. The channel’s upper boundary acted as a strong resistance on Thursday, 31st October 2024, at 2790. Both the upper and lower boundaries of the channel have consistently functioned as key support and resistance levels.
The price reached an all-time high (ATH) of 2955, where it struggled to break through the channel’s upper boundary. Given the historical respect for these channel lines, we now anticipate a potential reversal. The price has already started to turn around, and to confirm this reversal, we need to see a break below both the trendline and the support level.
Once confirmed, your targets will be:
• 1st Target: 23.60% (2867)
• 2nd Target: 38.20% (2813)
• 3rd Target: 50.00% (2770)
• 4th Target: 61.80% (2726)
Make sure to follow proper risk management.
Happy Trading! Don’t forget to follow for more updates. 🚀
Fibonacci
Do you think GOLD will go up or down today with the Nonfarm newsDo you think GOLD will go up or down today with the Nonfarm news?
In the Asian and European sessions, gold will still have a sideways range, but the range will be smaller than yesterday.
The price reaction will be from the 2916-2919 area down to 2900. And it's likely that today's Nonfarm news will be a liquidity sweep of buy orders to the 38.2% Fibonacci level, which is the 2970-2980 price range
-In summary, this analysis predicts that:
+ Before the Nonfarm news is released, the price of gold may trade within a narrow range.
+When the Nonfarm news is released, there is a possibility that the price of gold will make a temporary sharp move up to around 2970-2980 to "sweep liquidity" from buy orders, before potentially reversing downward.
NQ Power Range Report with FIB Ext - 3/7/2025 SessionCME_MINI:NQH2025
- PR High: 20225.75
- PR Low: 20168.00
- NZ Spread: 129.25
Key scheduled economic events:
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
11:00 | Fed Monetary Policy Report
12:30 | Fed Chair Powell Speaks
AMP temporary margins increase for tomorrows economic events
- Immediate response front running 20000 supply
- Holding above previous session close
Session Open Stats (As of 12:55 AM 3/7)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 445.63
- Volume: 29K
- Open Int: 279K
- Trend Grade: Bull
- From BA ATH: -10.2% (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
AVGO eyes on $192: key Double Fib support to hold Post-EarningsEarnings report gave a spike through Golden Genesis fib at $192.34
That fib is reinforced by a tight confluence with Covid fib at $191.92
This double-fib floor must hold through any post-earnings retrace.
Ideally bulls will push through the red zone at $217.01-220.21.
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$SPY March 7, 2025AMEX:SPY March 7, 2025
Time frame monthly analysis.
Monthly.
The current move started from Covid low.
So, for the move 218.26 to 613.3 holding 520 is important now as it represents 23.6% retracement.
And for the extension 218.26 to 480 to 318 we have completed 100% move 614 levels. for the rise 218 to 480.
Hence, we are having some resistance.
Also 520 is 21-month average and in important.
Weekly.
Starting from low 348 if we connect 409 low taking top channel as 609 and draw a channel, we see AMEX:SPY in channel.
Here 560-565 is important to hold being 50 week average and mid channel line.
I expect pull back as oscillator is losing strength and we have red volume bars above average last 3 weeks.
Daily.
Too many above average sell volumes.
My stochastic false bar indicator became red.
So, any rise is only sold on rise until I get a green false bar.
My Eliott oscillator is red.
Price touching 200 averages last 3 days.
A steep fall from 613 to 570.
So, if we take the last rise from 510.27 to 613.23 38.2% correction done.
If AMEX:SPY breaks this then it is weaker.
At the moment if break 569 levels will bar close near low my target is 560 levels. which is 50% retracement for the rise.
And in daily if we take the rise from 540 to 613 565-568 represents 61.8% retracement for the rise.
That will be my target today.
So, for the day if 570 breaks target 565-568.
And for the last fall 613.23 to 570.12 605 need to cross for ant longs in daytime frame.
At the moment.
And any pull back to 576-578 will be a good level to short.
Not the time to go long.
My Idea on GBP/USDBias
Weekly - Bearish
Daily - Bullish
Idea
Because of the Simple Rule HTF is King (In my Scenario Weekly > Daily). We are currently in the weekly 70% Zone. So I assume a continuation in the weekly trend -> Weekly LL.
Daily is still bullish so right now we should be careful. If Market gives us a Sign on H4/H1 (which is difficult rn because EUR flew crazy), I would short to potentially take out the daily low which would follow the weekly trend. If Market decides to go higher, i would look at the same short scenario as here.
Potential Longs are also possible because as you see daily internal aligned with daily again.
So all in all I am careful right now because 1. Market is crazy right now 2. Weekly vs daily 3. NPF Tomorrow (maybe we know more tomorrow)
GOOGLE Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 180/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
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.
TQQQ Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 68/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
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.
SPY Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 577/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
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.
QQQ Stock Chart Fibonacci Analysis 030625Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 493/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
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.
Bitcoin Price Forecast: $135K Target by Early 2026 (Fibonacci)Here's my analysis and forecast based on the current BTC chart:
BTC is currently experiencing short-term bearish momentum, which could push the price down towards key Fibonacci retracement levels, particularly around the 78.6% level near $66,700. There's also a possibility it might test even lower support areas highlighted on the chart.
However, after this corrective move, the chart setup suggests a strong bullish rebound. According to the Fibonacci extension levels, Bitcoin could rally significantly, potentially reaching at least $135,000 by December 2025 or early 2026. This bullish move aligns with historical market cycles and the Fibonacci extension shown on the chart.
Investors may find good entry points at these lower retracement levels before BTC resumes its upward trajectory toward the $135k target.
This analysis is not financial advice and is for educational and informational purposes only. Always do your own research before investing.
Short gold! Target to earn 400 pips!!!Bros, gold has failed to effectively break through the 2920 area after many attempts during the rebound, and has consumed too much bull momentum near the resistance area. The shorts will become relatively stronger; gold has just fallen below 2900 strongly during the decline, further indicating that gold will choose a downward direction, and the current gold rebound is more likely to reserve room for a decline in the NFP market tomorrow.
So in terms of short-term trading, I still insist on shorting gold. At the latest on Friday in the US market, I expect gold to usher in a wave of big declines, at least retreating to the 2880-2870 area again, or even near the 2860 area. Brothers, are you optimistic about the big decline in gold?
Bros, only by following the right people can you execute the right transactions and master the skills to make money. If you want to master independent trading skills and thinking while copying trading signals and making stable profits, you can join the channel at the bottom of this article to liberate your trading talent!
Key Dollar Upward reversal - beginning 6th March
long term weekly timeframe break of structure to the upside. Price has retraced to fill fair value at the 61.8 retracement. Will rebound up off of the longterm trendline. Entry at the key level with a price action signal. Looking for an hourly break of structure and a 4 hourly engulfing. Happy hunting... TVC:DXY
Still Bullish on Bigger Time Frames.Still Bullish on Bigger Time Frames.
Hidden Bullish Divergence has appeared.
Immediate Resistance lies around 186 - 189
Crossing this Level with Good volumes may
expose 197 - 200
Fresh Entry should be Triggered if 205 is Crossed
& Sustained; only then it may resume its Uptrend.
BTC/USD 1D Chart ReviewHello everyone, I invite you to review the current situation on BTC. When we enter the one-day interval, we can see how the BTC price is moving in the formed downtrend channel in which we are again approaching its upper limit.
Here you can see how the current rebound has approached the resistance zone from $ 92,851 to $ 95,975, which the price cannot break through, only when we exit it upwards will the path open towards resistance at $ 99,903.
Looking the other way, we can see that in the first place we have a significant support zone from $ 93,477 to $ 79,907, which currently manages to keep the price from larger declines. However, when the zone is broken, we can see the price going down to the level of $ 75,354.
On the MACD indicator we can observe a fight to return to the upward trend in which we have a lot of room for price increases, while on the RSI indicator we are approaching the middle of the range which still gives room for growth, however, at this level we could previously see a reaction, which is something to watch out for.
BTC (Bitcoin); my guess for next monthsBTC (Bitcoin); my guess for next 3-4 months; I'm bullish for long term but i still expect to get that 73-75k level before we try new aths. Most important level is still 100-102k for new ath, it needs to rise above it or we are still in downtrend for bitcoin.
Not financial advice.
Gold shorting is in place, waiting for the moment of breakthrougThe short position is already in place. Although the gold price is not volatile at the moment, this is just the rhythm before the storm. Stay patient and don't be anxious because of the temporary stillness. The balance of the market will eventually tilt in the direction we expect, and rich returns are waving not far away.
First support at 99Nvidia broke the long term uptrend it was on since the end of 2022. Mid-feb it tested this trend line successfully, thereby bouncing off. Then it crossed the 200dma last week and is now on track to form a lower low, thereby 'officially' entering a downward trend. First support is at the 38% fibonacci level at 99 USD. This also coincides with previous support/resistance levels seen in sep24 and mar24. Don't catch a falling knive (yet).