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Fibonacci

#EFID Egyptian stock#EFID time frame 1 HOUR created a bullish Gartley pattern entry level at 28.20 TO 28.30 stop loss 27.50 first target at 29.50 second target 30.50 NOTE: if prices closed under 30.00 (1 HOUR frame) MACD indicator show positive diversion , may that is support our idea. NOTE : this data according to time frame 1 hour Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck
EGX:EFIDLong
by tfcgeorge
XAUUSD Forecast Dec 2024Hi all Traders! In the XAUUSD H4 chart, it is observed that after breaking the support zone, the price is currently in a correction phase and pulling back towards low level fibonacci or continue to above. Considering the price structure and hit fibo 50%, it is expected that after reaching the identified resistance area, the price will resume its downward movement and target lower levels or after rejection in fibo 61.8% will be uptrend and then continue to downtrend. Key Points: Forecast 1 : Sell Entry 1 : Consider entering a Short Limit position around Fibs 50% with price of 2663.27, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2560.75 Sell Entry 2 : Consider entering a Short Limit position around Fibs -0.382% with price of 2765.78, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2516.35 Buy Entry : Consider entering a Long Limit position around Fibs 1.382% with price of 2560.75, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2765.78 Forecast 2 : Sell Entry 1 : Consider entering a Short Limit position around Fibs -0.382% with price of 2765.78, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2516.35 Buy Entry : Consider entering a Long Limit position around Fibs 61.8% with price of 2649.55, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2765.78 Forecast 3 : Sell Entry : Consider entering a Short Limit position around Fibs 50% with price of 2663.27, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 2516.35 like and share your thoughts in the comments thank you
PEPPERSTONE:XAUUSD
by traderkarbitan
GBP/USD: Bullish Bias and Strategic PositioningToday, I’m excited to share my analysis on the GBPUSD currency pair, which is currently showing a strong bullish bias. As we navigate through the market, I will be utilizing probabilities to strategically position myself for long trades. Current Market Dynamics The GBP/USD pair has recently shown resilience, bouncing off critical support levels around 1.2670. This rebound suggests a potential bullish reversal, driven by positive sentiment surrounding the UK economy. Key fundamentals such as the Bank of England's recent decisions to maintain interest rates amidst inflationary pressures signal confidence in economic stability, which supports our bullish outlook. Global Influences On the global stage, factors such as a weakening U.S. dollar and improving economic indicators from the UK create a favorable environment for the British Pound. Additionally, geopolitical developments are leaning towards stability, which typically boosts investor confidence in GBP. Trading Strategy In this context, I plan to leverage statistical probabilities to identify optimal entry points for long positions. By focusing on key technical indicators, I aim to maximize potential gains while effectively managing risk. Join me as we explore this exciting opportunity in GBP/USD! Let’s make informed trading decisions together and capitalize on this bullish momentum. Happy trading! 2W: 3H: P.S. If you have any questions about how I trade probabilities with the overall market direction, feel free to reach out.
Long
by Jasminex1x2
Reality & FibonacciParallels between Schrödinger’s wave function and Fibonacci ratios in financial markets Just as the electron finds its position within the interference pattern, price respects Fibonacci levels due to their harmonic relationship with the market's fractal geometry. Interference Pattern ⚖️ Fibonacci Ratios In the double-slit experiment, particles including photons behave like a wave of probability, passing through slits and landing at specific points within the interference pattern . These points represent zones of higher probability where the electron is most likely to end up. Interference Pattern (Schrodinger's Wave Function) Similarly, Fractal-based Fibonacci ratios act as "nodes" or key zones where price is more likely to react. Here’s the remarkable connection: the peaks and troughs of the interference pattern align with Fibonacci ratios, such as 0.236, 0.382, 0.618, 0.786. These ratios emerge naturally from the mathematics of the wave function, dividing the interference pattern into predictable zones. The ratios act as nodes of resonance, marking areas where probabilities are highest or lowest—mirroring how Fibonacci levels act in financial markets. Application In markets, price action often behaves like a wave of probabilities, oscillating between levels of support and resistance. Just as an electron in the interference pattern is more likely to land at specific points, price reacts at Fibonacci levels due to their harmonic relationship with the broader market structure. This connection is why tools like Fibonacci retracements work so effectively: Fibonacci ratios predict price levels just as they predict the high-probability zones in the wave function. Timing: Market cycles follow wave-like behavior, with Fibonacci ratios dividing these cycles into phase zones. Indicators used in illustrations: Exponential Grid Fibonacci Time Periods Have you noticed Fibonacci ratios acting as critical levels in your trading? Share your insights in the comments below!
BITMEX:BTCUSD.PEducation
by fract
18
AIGE might be gearing up for a bull run!We've seen a correction retracing over 61.8% of the prior uptrend. Does this signal a bear market? Not necessarily. Early bull markets can see deep corrections, but as long as the 61.8% level holds, the bull market is still going, just not at full strength. Look closer at the chart. In the past, many were trapped selling below this support, expecting a downturn, only to be proven wrong when the market surged. We're in a similar spot now. I'm cautiously optimistic. A move above 61.8% would be the final confirmation. Then, expect the bull to roar back to life.
LSE:AIGELong
by VineyardWave
DOGE king of memcoins!Hello everyone, I invite you to review the DOGE chart, as we can see, the price has bounced perfectly from the strong resistance at the level of $0.48, which is at the so-called Fibonachi golden point (0.618), only when it breaks out of it the upward trend will move towards the level of $0.59 , only when it is overcome will the path towards the last peak at the level of $0.73 open. Looking the other way, you can see support at $0.38, which kept the price on the correction. However, if this support is broken, we could see a drop to the strong support zone from $0.26 to $0.21. It is worth looking at the RSI indicator, which shows how high we are, which could indicate an upcoming recovery, but we are in a bull market and the inflow of capital may trigger an upward movement again.
by cryptodailyuk
Standard BioTools Inc | 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 # Standard BioTools Inc - Double Formation * Forecast | Template Neckline At 2.12 | Subdivision 1 * Support=0 | Retracement & Diversity (ABC) - Triple Formation * 012345 | 0&1 Mark Up | Subdivision 2 * Double Bottom Continuation * ABC Correctional Wave(Failed) | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; London(Upwards) - NYC(Downwards) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
CAPITALCOM:LABShort
by TradePolitics
Does $Now have further upside, or is it nearing a potential top?To project targets, I am using the following methods: Cup and Handle Pattern If we consider the price range of $709.02 - $338.24 as forming a cup and handle pattern, the price movement represents approximately a 52% increase. Projecting this on the upside sets a target of around $1078.79, which was achieved last week. A weekly close above $1122.44 will signal a potential next target at $1316.16, derived from the 2.61% Fibonacci extension applied to the range of $709.02 - $338.24. Fibonacci Extensions Using Fibonacci extensions on the same price range, the 2.61% target aligns with $1316.16 as the next significant resistance level. Key Levels: Support: The uptrend remains intact as long as $906 holds. Downside Risk: If $906 is breached, the next downside target is $709.02.
NYSE:NOW
by truthseeker6
"BTC/USD: Key Levels & Trade Strategies"AlexGoldHunter Analysis of Bitcoin (BTC/USD) on a 4-hour and 15-minute Timeframe 4-Hour Chart Analysis Fibonacci Retracement Levels: Key Levels: 0.382 (96,457), 0.5 (95,424), 0.618 (94,391), 0.705 (93,630), 0.786 (92,921). The price is currently around the 0.382 level, indicating a potential support zone. Volume Profile: High volume nodes around 96,000 and 94,000 indicate strong support/resistance zones. Resistance at 97,000 (Invalidation Level) and support around 91,568. Indicators: RSI: Around 52.40, indicating neutral momentum. MACD: Showing a potential bullish crossover. Other indicators suggest a potential reversion around the 91,568 level. 15-Minute Chart Analysis Fibonacci Retracement Levels: Key Levels: 0.382 (96,450), 0.5 (96,555), 0.618 (96,660), 0.705 (96,737), 0.786 (96,809). The price is currently around the 0.382 level, indicating a potential support zone. Volume Profile: High volume nodes around 96,000 and 95,000 indicate strong support/resistance zones. Resistance at 97,000 (Invalidation Level) and support around 96,134. Indicators: RSI: Around 44.68, indicating slightly bearish momentum. MACD: Showing a potential bearish crossover. Other indicators suggest a potential reversion around the 96,134 level. Buy Strategy with Confirmation Entry Point: Consider buying around the 0.382 Fibonacci retracement level (96,457 on the 4-hour chart and 96,450 on the 15-minute chart) if the price shows signs of support and bullish reversal patterns. Confirmation: Look for bullish candlestick patterns, RSI above 50, and a bullish MACD crossover. Stop Loss: Place a stop loss below the 0.5 Fibonacci retracement level (95,424 on the 4-hour chart and 96,555 on the 15-minute chart). Target: Aim for the next resistance level around 97,000. Sell Strategy with Confirmation Entry Point: Consider selling around the resistance level (97,000) if the price shows signs of resistance and bearish reversal patterns. Confirmation: Look for bearish candlestick patterns, RSI below 50, and a bearish MACD crossover. Stop Loss: Place a stop loss above the resistance level (97,000). Target: Aim for the next support level around 96,134. This analysis provides a comprehensive view of the current market conditions and potential trading strategies for Bitcoin based on the provided chart. If you have any further questions or need additional analysis, feel free to ask! Happy trading! 🚀✨ Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered as financial advice. Trading and investing involve substantial risk, and it is possible to lose more than your initial investment. Always conduct your own research and consult with a financial advisor before making any trading decisions. The author of this analysis does not accept any liability for any loss or damage that may arise from using the information provided. Use this analysis at your own risk. BITSTAMP:BTCUSD
BITSTAMP:BTCUSD
by Alexgoldhunter
MOH long term potentialMOH has corrected nicely after a huge run. This is a stock that a few legendary investors have added as of late. If you expect medicare/medicade expenses to increase by 7% on average, and more people to sign up over time, this stock will hugely benefit. I note a basing at the most recent fib level. The weekly stochastic is resetting and the BBWP is indifferent. I expect a retest of 370$ rather quickly. This stock will also perform well if we get recession fears or other macro negative news.
NYSE:MOHLong
by Apollo_21mil
Link, breaking. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #Link another dino bag. Can move in the background whilst I focus on others. Coming into the highly contested $20 area. So far, it's been breaking and flipping levels. $20 would be a yuge flip! Need a big push to suggest this is a wave 3, $100 link if it plays or it could just be a ZZ up, at 2 degrees...break $20 and $40 first. Trade safe, trade smart, trade clarity.
Long
by CryptoKnee
1