possible parabolice curve AAVEit looks like a parabolic curve on AAVE.USDT if it is, it could explode. and the first target would be (imo) the 0.5 ( 350) taken from high to low on the weekly timeframe.
Fibonacci
NQ Power Range Report with FIB Ext - 10/14/2024 SessionCME_MINI:NQZ2024
- PR High: 20443.75
- PR Low: 20407.50
- NZ Spread: 81.25
No key scheduled economic events
- Technically a US holiday
Maintaining Thu-Fri range
Session Open Stats (As of 12:45 AM 10/14)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 300.40
- Volume: 19K
- Open Int: 251K
- Trend Grade: Bull
- From BA ATH: -3.7% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 17533
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
More bullish scenario in GOLDGold has broken the 4 hr trendline and retesting the trendline . No important news or event today but due to global conflict price of gold can rise.
FFIV heads up at $225/226: Golden Genesis and psych val a TOP?FFIV has been making strong bullish moves.
Now testing a major resistance of double fibs.
Look for pullback or Break and Retest for entry.
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double bottom SUN/USDTmy last trades fauke. hope this will play out, looks like on the 4H timeframe that its forming a TEMPORARY double bottom.\
to the 618 fib. cheers!
EURJPY WEEKLY ANALYSISIn this video i go over why I'm looking for longs on this pair after the closure that was bullish on the weekly timeframe and the structure on the 4hr timframe that signals buying strength
#BOBO Forming beautiful bull flag. How long till it pops?One of my biggest plays in this bull market will be the beloved $BOBO the bear.
Born in 4chan, the bear is direct inversion of #PEPE the frog, a key figure representing Green in the market. Inversly, what goes up must come down, and this is where BOBO shines, representing Red in the market, or in other words, a bear market.
You cannot have one without the other; They dance in perfect harmony.
Green and Red.
Red and Green.
Ying and Yang.
PEPE and BOBO.
A pair made in heaven - And too Valhalla they shall both return!
$BRETT from 0.9137 to 0.1516Long
The coin is approaching the activation zone for the third time, which will automatically lead to its breakout. However, there might be a pullback to the 0.93 zone in order to complete the Hall Correction Level on lower timeframes, and only after that, it will move towards 0.15.
USDJPY swing trade update. 800 pips done! We sent out our this next analysis exactly a month ago to our members at Fractals Trading Community: "After falling for almost a month, dollar has gained some strength in recent weeks and the Japanese currency intervention is seemingly slowing down, as we have seen some huge bullish moves on other pairs. As seen on chart, the price has hit the weekly 0.618 fib level and the VWAP drawn from the start of the second quarter(March). For our TP levels we target 146.55; 149 and 152. Will update next week." (linked idea)
Setup is currently running with 2 TP levels already hit. Will send a new analysis next week.
This analysis is taught and provided by Fractals Trading.
Trade safely and expect the unexpected,
Mei
GBPCAD swing trade idea(1:10RR)Hi,
GBPCAD swing short setup. It´s similar to our USDCAD analysis sent out yesterday, with many confluences indicating for a impulse downwards(Quarterly VWAP and fib levels). Be careful to trade this pair, as their is many macroeconomic news next week for both the currencies.
This analysis is taught and provided by Fractals Trading Community.
Trade safely and expect the unexpected,
Mei
#btc #btcusd #elliottwave #bitcoin short wave 3 13Oct24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
AB=CD Pattern with Bullish Flag: Key Fibonacci Levels in Play!It could be an example of a Bullish Flag.
Why am I posting it?
The reason is to show an example of the AB=CD Pattern, and it currently respected the 61.80% Fibonacci level at 22.17.
If it breaks the 61.80% level on a closing basis (Keeping in mind, it's a Weekly Chart :-) ), it could drop to 18, potentially forming a double bottom. However, if it plays out as expected, the target can be 40+!
Anyhow, I am personally not invested in it—this is just for learning purposes.
PYPL heads up at $78.4x: strong surge may pullback from herePYPL has been on a strong surge from various news.
Now at a Double-Fib resistance that might reject.
Looking for clear rejection or brean and retest.
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$SPY October 13, 2024AMEX:SPY October 13, 2024
15 Minutes.
As projected AMEX:SPY made a high 579-580 levels.
Now the next target is 587 levels.
But we have oscillator divergence now.
And in daily AMEX:SPY far way by nearly 8 to 10 with respect to 9- and 21-day averages.
So, for the rise 566.63 to 580.33 AMEX:SPY need to hold 576-577 levels for uptrend to continue.
For the rise 574.49 to 580.33 we need retracement up to 576 levels which is also 100 averages in 15 minutes.
So, I will buy only on a pull back to 576 levels.
As of now sell is only below 571 levels.
ALGD LongAGLD Long Idea
1.AGLD formed an Ascending triangle in HTF as well as in LTF
2.In HTF the confirmation is done already plus partially mitigated the Fair Value Gap
3.On Fibonacci gold zone it has a positive response.
BINANCE:AGLDUSDT.P BINANCE:AGLDUSDT BYBIT:AGLDUSDT.P
Better Buy Levels SoonTVC:GOLD
Based on my analysis, I believe Gold TVC:GOLD is currently at a good selling level. There is potential for the price to drop down to the 0.71 Fibonacci retracement level, which could present a great buying opportunity.
Stop Loss: Set just above the recent order blocks, as compared across different time frames.
While there may be better selling points ahead, the current support built above the current price level provides confidence in a sell position at this moment.
However, if this support level is broken, we should reconsider the selling strategy and potentially look for long opportunities instead.
Sui(SUI) Roadmap!!!Today, I want to analyze the Sui( BINANCE:SUIUSDT ) project , which has seen a good increase in these days, and show you its roadmap .
The recent price surge of the SUI token can be attributed to several key factors :
1- Increased Transaction Volume : Sui Network recently surpassed Solana in terms of transaction volume. This uptick in transactions is largely driven by the rise of meme coins on the Sui blockchain, which has caught the attention of traders and investors alike.
2- Strategic Partnerships and Institutional Adoption : Sui Network has formed strategic partnerships, notably with Grayscale and Circle. The launch of the Grayscale SUI Trust has enabled institutional investors to gain exposure to SUI, boosting interest and liquidity. Additionally, the integration of USDC through Circle’s Cross-Chain Transfer Protocol has enhanced the network’s utility in DeFi and gaming sectors.
3- New SCION Technology : Sui introduced SCION, a new network infrastructure designed to enhance security and reduce latency in Web3 applications. This innovation has further bolstered confidence in the network, attracting more users and developers.
It seems that according to the good news that has come for the Sui project , the increase of the SUI token will continue, but it will probably experience a small correction to increase again.
Currently, SUI is moving near the Resistance lines and the Potential Reversal Zone(PRZ)($3.00-$2.50) .
According to the theory of Elliot waves , SUI seems to be completing the main wave 3 . ( It is completing the microwave 5 of the main wave 3 ).
I expect SUI to rise another +20% or so and then start to correct. SUI correction can be -20% to -40% .
Sui Analyze (SUIUSDT), Daily time frame⏰.
🔔 Be sure to follow the updated ideas. 🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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EUR/USD Weekly + Monday BiasHappy sunday traders,
For next week (14.10 - 18.10), I'm still bearish on price, fundamentally USD has been getting stronger due to uncertainty of the conflict happening in the Middle East.
Technically , price has been respecting a 4H FVG and in equilibrium and I'm expecting price to continue lower into a 1H Orderblock. If price breaks through this orderblock, my next target would be a massive 1H FVG(Imbalance) below.
However, if price were to break above the FVG mentioned, I'm expecting price to go up for a liquidity grab at the swing high, possibly even tapping into a failed OB, to continue lower afterwards.
Happy trading everyone! :)
IBM eyes on $163.30 then $158 for possible Bottoms of correctionIBM had the business office monopolized but then lost it.
PC's came and they said "it's a fad, we have TYPEwriters"
AI came and they said "we have Watson, he plays chess"
It has however been in an uptrend with the market.
Retrace is now testing a key support fib at $163.30
If that one fails, we have a fallback fib at $157.99
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YM1! evening updateAnalysis of YM1!.
This count sees price in wave ((5)) of (v), with wave (v) starting at October 2022 low.
From 5 August 2024 low, count in red is less bullish, count in green is more bullish.
If count in red is correct, then 5 must be shorter than 3 (as 3 was shorter than 1), and price will not go above resistance at 45062.
If count in green is correct, price would be in wave 3 of (3) of ((5)) and extend above 45062.
Regardless of whether green or red is correct, each ends primary wave (v), and if median line of pitchfork cannot be tagged, it suggests that price will revisit October 2022 lows.
As price gets closer to 45062, reward/risk for YM1! short off that resistance improves.
13-Oct-24Price has lingered at this level without a correction to establish support. I think we will fall straight back to 60K, before breaking through and bouncing back.
The narrative goes like this:
1. Low liquidity market trending sideways at a big even
2. Price breaks to lower low, providing whales with the liquidity they need to buy in
3. Whales buying below the LL cause a short squeeze to the top of the range without breaking out.
4. (You are here) Price is now over extended at the top of the range, and the bullish rejection has left a lot of confident stop losses below the low.
5. (Maybe) Price rapidly falls back to the demand zone, with only a small bounce before squeezing longs by breaking to lower lows.
6. (Extra maybe) Now the market has cleared out the weak hands from the range, so only the low leverage positions remain. This allows the market to lower it's volatility and establish it's longer term trend, which I think will be bullish.
USDCHF 10/13~10/21We've entered Wave 5 of this run. It may or may not hit the extended Wave 5, so be mindful of the second long position.
#eurusd long buy trade setup 14Oct24 wave cThis count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
