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Fibonacci

Himatsingka Seide Ltd: Ready for a Turnaround?🚀 Himatsingka Seide Ltd: Ready for a Turnaround? 🚀 Current Market Price: 193 Stop Loss: 175 Targets: 215, 255, 288, 306 Why Himatsingka Seide? Rounding Bottom Breakout: A technical setup indicating potential for significant upside. Institutional Confidence: Noticeable increase in FII and DII holdings in the last quarter signals strong interest. Strategy: Follow Risk Management: Stick to the stop loss at 175. Pyramiding Opportunity: Add positions gradually as the stock moves up. Key Level: Sustained movement above 306 could open doors for a bigger rally. 📈 Outlook: With the right risk management, Himatsingka Seide Ltd could be poised for an exciting turnaround. 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #HimatsingkaSeide #TurnaroundStock #TechnicalBreakout #InvestmentOpportunities #MarketAnalysis
NSE:HIMATSEIDELong
by satyam15
FANTOM BULLISH-POTENTIAL 6.39RRFantom (FTM): A Bullish Opportunity with Controlled Risk BINANCE:FTMUSDT The current price action of Fantom presents an attractive setup for taking calculated risks. Here are the key bullish arguments supporting this perspective: Previous Monthly Low (PML - November): Disrespected, signaling strength. Previous Monthly High (PMH): Disrespected, further affirming bullish momentum. Monthly Bullish Fair Value Gap (FVG): Holding so far; confirmation expected by early Sunday morning. Previous Weekly High (PWH): Disrespected. Previous Weekly Low (PWL): Disrespected. Daily Bullish FVG: Being respected, showing demand at this level. 4H Swing High: Disrespected. 4H Swing Low: Disrespected. Bearish Arguments: Previous Daily High (PDH): Respected, a minor resistance to watch. Previous Daily Low (PDL): Respected. Trade Management: Stop Loss (SL): $0.84–$0.82 Take Profit (TP): $1.90–$1.88 Entry Zone: $0.9951–$0.9683 Risk-to-Reward Ratio (RR): 6.39 I am using Quantfury to manage this trade, a platform I find effective for precise execution. Final Thoughts: The market appears poised for further upside, but stay disciplined and avoid being influenced by noise. The next five months are crucial for crypto, requiring full focus and adherence to your own strategies. Remember, every lesson comes from experience, not just from external opinions. Stay patient, trade smart, and blessings to all!
Long
by Jaytradermb
AAPL near top around $243, pullback to $234MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. So... Here's why I'm picking this symbol to do the thing. Price at or near top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM is spiking positive Price at or near 2.618 Fibonacci level Buying puts or NASDAQ:AAPD when price reaches or exceeds $242 NASDAQ:AAPL downside target would be $234 or channel bottom
NASDAQ:AAPLShort
by chancethepug
2
ADA/USD:Profitable Buy and Sell Strategies with Key ConfirmationAlexGoldHunter BINANCE:ADAUSD Current Market Overview: Price Movement: Cardano is currently trading at 1.185 USD. Bollinger Bands: The price is moving within the Bollinger Bands, indicating medium volatility. Volume: The trading volume is relatively stable at 133.31K. Relative Strength Index (RSI): RSI is at 26.94, which is in the oversold territory suggesting a potential buying opportunity. MACD: MACD is slightly positive at 0.020 with a signal line at -0.015, indicating possible upward momentum. Stochastic RSI: It shows values of 55.69 and 44.50, suggesting that it is neither overbought nor oversold. Buy Strategy: Confirmation for Entry: RSI Oversold: An RSI below 30 suggests that ADA is oversold. Currently, RSI is at 26.94. MACD Crossover: Look for a bullish crossover where the MACD line crosses above the signal line. Support Level: The 1.161 USD level appears to be a significant support level. If the price holds above this, it could be a good entry point. Strategy: Entry Point: Consider entering a buy position if ADA remains above 1.161 USD and if the RSI stays below 30 while the MACD shows a bullish crossover. Stop Loss: Set a stop loss below the support level at around 1.150 USD to minimize potential losses. Target: Look for a price target near the next resistance level at 1.245 USD, providing a favorable risk-reward ratio. Sell Strategy: Confirmation for Exit: RSI Overbought: An RSI above 70 suggests that ADA might be overbought. MACD Divergence: Look for bearish divergence where the MACD line falls below the signal line. Resistance Level: The 1.245 USD level appears to be a significant resistance level. If the price struggles to break this level, it could signal a good selling opportunity. Strategy: Entry Point: Consider entering a sell position if ADA reaches the resistance level at 1.245 USD and the RSI is above 70 while the MACD shows a bearish divergence. Stop Loss: Set a stop loss above the resistance level at around 1.260 USD to minimize potential losses. Target: Look for a price target near the next support level at 1.187 USD. Summary: Buy Signal: At 1.161 USD with RSI below 30 and MACD bullish crossover. Sell Signal: At 1.245 USD with RSI above 70 and MACD bearish divergence. By considering these technical indicators and key price levels, you can form a more informed trading strategy. Remember to adjust your risk management parameters according to your risk tolerance.
BINANCE:ADAUSD
by Alexgoldhunter
3
GOLD → Consolidation. One step away from distribution...FX:XAUUSD is faltering a bit due to high risks before the news. In the moment a strong impulse can be formed. The price is consolidating in the local range. Earlier, the price broke the local upward support.... Traders are consolidating in anticipation of economic data. Volatility is decreasing, speculators are not ready to take risks yet, all attention is focused on PMI, Powell's speech on Thursday and NFP on Friday... A rebound in US dollar demand early Tuesday kept gold buyers on the back foot. China's ongoing economic problems and the threat of global tariffs from Trump, geopolitical tensions in eastern Europe and escalating conflict in the Middle East continue to weigh on investor sentiment. The future direction of the gold price is likely to depend on upcoming employment data and its impact on expectations of a Fed rate cut Resistance levels: 2660, 2655 Support levels: 2634, 2618, 2605 Since there is no even direction on the market and the price is inside the channel, we will consider trading from its borders. Therefore, a false break of the key resistance may provoke a fall to the support of the range. Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
18
Still firmly short goldBros, gold has failed to effectively break through 2650 during the rebound process many times, so gold is still in a weak position. If there is no special news affecting the market, gold will continue to fall after consuming a certain amount of bullish energy, and may even drop to the 2600-2590 area. So in terms of trading, we can temporarily maintain the attitude of shorting gold. Bros, are you as bearish on gold as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin
Gold Pushing UpFibonacci Retracement Levels: Gold seems to be reacting around the 0.618 level ($2,650.77), which often acts as a strong resistance or support. Price appears to be consolidating near this zone. Bullish Momentum Potential: An upward arrow suggests a bullish outlook, aligning with the Fibonacci retracement and a potential break above equilibrium or previous high levels (PDH). Bearish Targets: If the price fails to hold the support around $2,641 and dips lower, it might aim for the 1.618 Fibonacci extension zone ($2,626.22). Indicators: The oscillator below shows a mix of momentum signals. The red zone indicates bearish pressure, but there might be a crossover hinting at bullish recovery. Bullish Case: If U.S. dollar weakens or risk sentiment improves, Gold could break above the equilibrium zone ($2,660) and target higher Fibonacci levels. Watch for volume increases and clear candlestick confirmations for an uptrend. Bearish Case: If dollar strength persists or risk aversion dominates, Gold might test lower Fibonacci levels or the PDL ($2,622-$2,621 zone). Failure to hold the $2,641-$2,643 range may result in accelerated selling pressure. Neutral/Consolidation: Price may remain range-bound near $2,641-$2,650 until a fundamental catalyst (e.g., economic data or news) triggers directional movement.
OANDA:XAUUSDLong
by Botla
TradeCityPro | NEARUSDT Analysis Attempting to Reach a New ATH👋 Welcome to the TradeCityPro channel! Let's analyze one of my favorite coins, NEAR, and evaluate its potential short-term and long-term targets. 🌍 Bitcoin Analysis Before starting the NEAR analysis, as usual, let's take a look at Bitcoin during the London session. Bitcoin is still ranging and even slightly trending downward. On the other hand, Bitcoin dominance (BTC.D) has a clear bearish trend, allowing altcoins to pump and move upward. Educational Note on BTC.D: If Bitcoin breaks above $100K, BTC dominance will likely rise initially, pushing altcoins along with Bitcoin. Later, BTC dominance might retrace to levels like 59.60, enabling another altcoin rally. 📅 Weekly Time Frame NEAR stands out as one of the coins that made a significant bullish move early on, even before the broader crypto market rallied in 2023. After breaking out of its falling wedge pattern, NEAR initiated an upward trend. falling wedge is inherently bullish and signals a trend reversal, especially when observed on higher time frames. NEAR never revisited its major support at $3.736 and instead bounced strongly from there. The coin is now approaching its previous peak of $8.289. After bouncing off the 0.382 retracement level (from $3.736), NEAR looks ready for further upside , Potential Fibonacci extension targets: $13.556 - $30.183 - $53.370 Upon breaking $8.289, we can plan an entry while adhering to risk management, with a stop-loss at $3.736 for mid- to long-term holding. 📊 Daily Time Frame NEAR recently bounced from $3.525, initiating a strong rally that reached the resistance at $8.289. The price experienced rejection at this level, leading to a consolidation phase. Abeautiful parabolic trendline can be observed, where NEAR continues forming higher highs and higher lows , Each touch of this trendline has resulted in a bounce so far. Breaking this parabolic line could indicate a short-term correction but doesn’t necessarily mean a full trend reversal. Post-breakout above $8.289, with RSI entering the overbought zone (around 78.90), is a potential buy signal , Suggested stop-loss levels: Risky: $10.50 - Safer: $7.51 Personally, I’d rather take a stop-loss than miss out on a breakout caused by whales. ⏳ 4-Hour Time Frame NEAR has been ranging between $7.16 and $13.78 for several days, clearly defining potential triggers 📈 Long Position Trigger break above $13.78 presents an excellent opportunity to open a long position, with even a stop-buy setup before reaching the level. 📉 Short Position Trigger I am currently not considering short positions, focusing solely on long entries after corrections. 💡 BTC Pair Insight NEARBTC has also shown a strong setup. After its rally in 2023 and early 2024, it has been consolidating gradually. NEARBTC hasn’t revisited its key support this year, which is a positive sign. The coin is now breaking a key resistance trendline, further justifying a focus on USDT-based triggers. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
20
Volkswagen - soon ready for the next bullish period (?)Today I will look at Volkswagen (VOW3). VW has had a very tough period especially with the transition to building electric cars and uncertainty especially with european legislation and market regulations. (not a complete fundamental analysis, please search for more fundamentals elsewhere!) My Elliott wave perspective tells me that we are closing in on a potential pivot point from where the share price could easily double and this could provide us with an excellent trading opportunity for the next years.
XETR:VOW3Long
by Staggi10
NQ Power Range Report with FIB Ext - 12/3/2024 SessionCME_MINI:NQZ2024 - PR High: 21224.50 - PR Low: 21203.75 - NZ Spread: 46.25 Key scheduled economic event: 10:00 | JOLTs Job Openings Teasing ATH breach Session Open Stats (As of 12:45 AM 12/3) - Weekend Gap: N/A - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 288.13 - Volume: 15K - Open Int: 285K - Trend Grade: Bull - From BA ATH: -0.5% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 21525 - Mid: 20954 - Short: 19815 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:NQZ2024
by mv3trader5
AEVOUSDT → One step away from a 200-400% RALLYBINANCE:AEVOUSDT is forming a market bottom. Against the backdrop of bitcoin's declining dominance, altcoins have a great chance of realization. And AEVO has an opportunity for a 200-400% rally Relative to the bottom, the coin is forming a consolidation of 0.269 - 0.534. Consolidation is big enough and if the realization starts, the impulse can be formed quite aggressive, especially on the background of excitement. Technically, the emphasis is on 0.534 - 0.594. If the price breaks this resistance area and the bulls are able to keep the defense above this zone, the coin will open the way to 0.8, 1.12, 1.34, which is a 200-400% move. Resistance levels: 0.534, 0.594 Support levels: 0.455, 0.269 A breakthrough of the first line of defense is being formed. The bulls have quite positive chances. Realization can start any minute. Medium-term target is 1.127, long-term target is 1.34 Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:AEVOUSDT ;) Regards R. Linda!
Long
by RLinda
13