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Fibonacci

NZDUSD → Speculators waiting for news.... FX:NZDUSD is moving into consolidation after a strong and progressive fall amid a halt in the dollar index. Markets are waiting for news related to the US presidential election.... The currency pair amid strong bullish DXY is not practicing attempts to update local highs with the aim of changing the trend to a bullish one. Buyers are not ready yet, and are waiting for November 5... If Trump is elected, the dollar, supported by a pro-inflationary president, may continue to recover, which, accordingly, will manifest itself in the form of negative dynamics in the currency pair. But, most likely, with the election of a politician from the Democratic Party, the regulators are likely to continue to hold the dovish rate, in which case the NZDUSD will have a chance to change the trend. Resistance levels: 0.6031, 0.6066 Support levels: 0.5953, 0.5915 Technically, bears continue to hold the dominant position. The area 0.5915, 0.585 is a zone of interest in terms of liquidity formation, thus, there is a high probability of reaching these areas... Regards R. Linda!
Short
by RLinda
1
NQ Power Range Report with FIB Ext - 11/6/2024 SessionCME_MINI:NQZ2024 - PR High: 20364.75 - PR Low: 20335.75 - NZ Spread: 65.0 Key scheduled economic events 10:30 | Crude Oil Inventories 13:00 | 30-Year Bond Auction High vol session open, 317 point (~1.43%) range - AMP temp margin increase remains in place for expected volatility - Strong auction lift back towards 20800 pivot Session Open Stats (As of 12:15 AM 11/6) - Weekend Gap: -0.13 (filled) - Gap 10/30/23 +0.47% (open < 14272) - Session Open ATR: 307.30 - Volume: 81K - Open Int: 251K - Trend Grade: Bull - From BA ATH: -2.9% (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
CME_MINI:NQZ2024Long
by mv3trader5
EUR/USD Technical AnalysisFxNews —The EUR/USD currency pair stabilizes above the 100-period simple moving average and the 1.084 immediate support level. This occurs as Stochastic records show a reading of 82, indicating that the Euro is overpriced in the short term. Additionally, the Awesome Oscillator histogram is red, suggesting that the bear market is strengthening. Forecast From a technical perspective, the bullish outlook remains valid as long as the price holds above the 1.085 support level. In this scenario, the next target could be the 38.2% Fibonacci retracement level at 1.093. Please note that the bullish outlook should be considered invalid if the price dips below 1.084.
Long
by FxNews-me
Bitcoin is FAILING! Why is Bitcoin the worst investment.Bitcoin is the worst investment. Where is the lambo? The price of Bitcoin in 2017 was $20,000 and the current price is $68,000 in 2024, so after 7 years, the profit is very poor - only +240%. So where is the lambo and where is the moon all the influencers are talking about? Clearly, you have been scammed. And I am not talking about altcoins, because the majority are down by 95% from their peak and will continue to 99% or to zero (rug pull). Crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system. Where is the moon for Bitcoin? Clearly no where because the moon is a hologram and humans never landed on it. It's a hugs scam by NASA. The landing on the moon was recorded on Earth. It's not possible to physically leave Earth with current technology because the Van Allen radiation belt would burn your body. It's possible with advanced spaceships, but this technology is hidden and intentionally not available. It's also possible to leave Earth after you die or during sleep/meditation in non-physical form. So is Bitcoin bad? Bitcoin is just another form of fiat money. If you like high inflation and money printing, then you can support Bitcoin. Bitcoin is a computer program, and as any program in existence, it can be modified or rewritten. There is no such thing as a fixed supply; they can increase the supply without any issues. Why was Bitcoin brought to earth? It's part of the total control program. First bring electricity to earth, then microchips (computers), then the internet, then blockchain and AI. This technology is completely incompatible with the human body and causes major issues, which you can see around you - almost everyone is ill or has some kind of sickness. Maybe you didn't know that 100 years ago, there was no cancer, no diabetes, no anxiety, no common cold, almost nothing. Why are those alien entities? You probably heard about Greys, Reptilians, Draconians, Mantis, and Insectoids. When you look at them, you will notice their ugly appearance. They are very ugly by nature. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. That means they lost control over themselves. You may say that their technology is advanced, but this is a deception. Their technology is based on unsuccessful design and architecture. In core, they are outdated and actually very stupid. What they do is drain your life energy during sleep and use it to feed their AI machines. They also manipulate your dreams, causing nightmares at night, manipulating your thoughts, and causing sleep paralysis. For each like, one alien dies! Hit the like/boost button now. Thanks that you help humanity! Write a comment with your altcoin, and I will make an analysis for you in response.
Short
by Xanrox
160
Elliott Wave View Calling for S&P 500 (SPX) to Extend HigherShort Term Elliott Wave View on S&P 500 (SPX) suggests rally from 8.5.2024 low is in progress as an impulse. Up from 8.5.2024 low, wave 1 ended at 5651.6 and pullback in wave 2 ended at 5402.6. Index then extended higher in wave 3 towards 5878.4 as 45 minutes chart below shows. Wave 4 pullback unfolded as a Flat Elliott Wave structure. Down from wave 3, wave (a) ended at 5821.17 and rally in wave (b) ended at 5863.04. Wave (c) lower ended at 5762.4 which completed wave ((a)) in higher degree. Bounce in wave ((b)) unfolded as a zigzag structure. Up from wave ((a)), wave (a) ended at 5817.8 and wave (b) ended at 5784.92. Wave (c) higher ended at 5862.8 which completed wave ((b)) in higher degree. Index resumed lower in wave ((c)). Down from wave ((b)), wave (i) ended at 5802.17 and wave (ii) ended at 5850.94. Wave (iii) lower ended at 5702.8 and wave (iv) ended at 5772.5. Final leg wave (v) ended at 5696.06 which completed wave ((c)) of 4. The Index has turned higher in wave 5. Near term, as far as pivot at 5696.09 low stays intact, expect the Index to extend higher.
CBOE:SPX
by Elliottwave-Forecast
Approaching W1 Possible Consolidation ZoneWhen I view W1 chart, what I can see if possibility of big consolidation zone. One of this zone can be long term entry. If price hit sell zone first, then there is possibility that price can go down until buy zone. And if price hit buy zone first, then there is possibility the price can go up until sell zone. In the zone also there is possibility for consolidation. So you might want to hold and buy low or sell high in the buy/sell zone. What do you think?
BITSTAMP:BTCUSD
by sahniana
2
85,354 and 35 cents: BTC next major landmark and a cycle top? Shown here is a single fib series in three different time frames. The Genesis Sequence has caught every major turn since 2015. The Golden fibs are especially powerful, being 1.618 exponents. Charts and prices are from Coinbase, others may vary a bit. $ 85,354.35 is the exact level of Golden Genesis fib. $ 72,937.41 is the current barrier to break and retest. $ 77,672.47 will be a checkpoint/fuel stop on the way. . Previous major turns caught by the Genesis Sequence: March 2024 top: 2021 top: 2020 Covid Bottom: 2018 Bottom: ==================================================================
COINBASE:BTCUSD
by EuroMotif
2
XAUUSD 4HR BEARISH PULLBACK THIS WEEK?WEEKLY: Still Bullish but could make an official pullback to at least 23.6 level. 4HR: Lots of Bearish momentum. Would like to see bullish fakeout to 2760ish area then continue going bearish into 2715 area. 2760 would be 50% retracement for Entries. 2715 would be 127.6% level for Exits. 30MIN: Need a bullish move into 4hr Supply Zone. ENTRY: ONLY after confirmation of 3min BOS in 4hr Supply Zone or after touching zone. TAKE PROFIT: 2715 area. STOP LOSS: 2760s area but ONLY after 3min bearish confirmation in 4hr Supply Zone. REWARD TO RISK RATIO: 2:1 up to 6:1 depending on where you put your stop loss 2760-2775ish
OANDA:XAUUSDShort
by WontStopThesePips
Today's setup of my chart on 5min 15min. Using "OrbFib+S&R" Breakdown of my action steps from open to close: 1) Wait 5min orb 15min ORB form to draw FIB. 2) Wait for (S) or (R) formed on 5min 15min to draw 3) Make plans using (S)&(R) and ORB fib levels 4) Use new (S) or (R) as risk entry, pair with OrbFib levels for confirmation. 5) mange position using (S) of the trend with OrbFib's levels (S) ------------------------------------------------------------ Common Fakeout: often can be solved using 15min candle confirmation. Reason is 5min candles can trick IMPATIENT traders before 15min close. To wait for 15min to close, Trader has to sit n watch 3 of 5min candles to close. Impatient traders always rushing, trying to predict/guess the result of how the candle is going to close before it close... makes no senese in logic. They focus too much on Prediction/Guessing, it makes them blind&bias, not listening to what candles says.
AMEX:SPY
by FIBivanSPY
QCOM eyes on $164 going into earnings: Golden Genesis fib is keyQCOM pulled back sharply into a consolidation. Currently dancing precariously on a major support. Earnings report can launch it or trap bulls below. $ 164.00 - 165.72 zone is Golden Genesis + Covid fibs $ 149.25 - 152.16 zone is Golden Covid + Genesis fibs Losing both zones would be very bad for bulls. Road back to the top has only solo fibs for hurdles. IMO the odds ar that it dips to lower support below. =============================================== .
NASDAQ:QCOM
by EuroMotif
2
Amazon (AMZN): Approaching critical resistance!Amazon continues its impressive rise, moving out of our initial sharp Wave (2) scenario. Despite the bullish momentum fueled by last Thursday’s earnings report, we remain cautious and are still leaning towards a potential larger pullback. The company showed strong performance in key segments, with CEO Andy Jassy’s strategic focus on expenditure and cost-cutting delivering an 11% revenue increase to $158.9 billion, surpassing analysts’ expectations. Now, Amazon has reached our second key turnaround zone, between $201 and $220. A move higher would invalidate our bearish outlook, but until then, we are preparing for a potential pullback and targeting lower entry points to capitalize on future upward swings. The stock has recently posted a nearly perfect equal high, alongside a bearish divergence, which could signal an upcoming correction. The looming U.S. elections could inject significant volatility into Amazon’s price action, with potential wicks forming in either direction. While a move up to $220 would still be considered valid within this structure, we are closely monitoring these levels. As always, we will update you once the bearish scenario is confirmed or invalidated.
NASDAQ:AMZN
by freeguy_by_wmc
Airbnb (ABNB): Bearish Setup or a Bullish Surprise?After finding support at $113, Airbnb NASDAQ:ABNB is experiencing a rapid rise, efficiently collecting all the imbalances left behind from the previous drop. As we approach Airbnb’s earnings report this Thursday, the company is expected to post a year-over-year decline in earnings, despite higher revenues for the quarter ending September 2024. The sustainability of any immediate price changes and future expectations will largely depend on management’s discussion during the earnings call. While we don’t base our strategy solely on the earnings outcome, it’s crucial to note that a favorable outlook from management could give the stock a short-term boost. Still, despite the potential for this optimism, our analysis remains bearish on NASDAQ:ABNB for the foreseeable future. Technically, the 61.8% Fibonacci level aligns perfectly with the point of control from the past three years, offering a strong setup. If this level is reached, it would also complete the filling of any remaining price imbalances. This makes for a compelling hedge against our other swing-long positions. We aren’t setting a limit order just yet. We prefer to observe the market’s reaction to the earnings report before making a move. This could mean placing the limit order the following day, depending on how NASDAQ:ABNB behaves during and after the earnings call. For now, we remain patient and prepared.
NASDAQ:ABNBShort
by freeguy_by_wmc
Vistra: Oversold Pullback in Nuclear High Flier?Utility stock Vistra has been an unexpected beneficiary of the AI boom as datacenters gobble up electricity. It’s pulled back recently, and some traders may see an opportunity to follow its uptrend. The first pattern on today’s chart is the breakout to new highs in late September and early October. Part of that surge resulted from Constellation Energy, a fellow nuclear generator, striking a historic power-supply agreement with Microsoft. VST then held a 50 percent retracement of the move. That may confirm its direction is pointing higher. Next, the support occurred near the weekly low of $114.84 from late September. It was tested on October 11 and again on Monday. A hammer candlestick followed, which was potentially confirmed by Tuesday’s bounce. Finally, stochastics could be rebounding from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:VST
by TradeStation