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Fibonacci

GOLD → Continuation of the global trend... To 3350?FX:XAUUSD is testing trend support within a correction. Against a complex fundamental backdrop (the Middle East, Fed comments, Trump's desire to lower rates), the price may continue to rise. The price of gold rose from a weekly low of $3,363 on Thursday thanks to increased demand for safe-haven assets following reports of possible US strikes on Iran. Markets are ignoring the Fed's hawkish decision to maintain its tight policy and rate forecasts. Traders are waiting for new signals from the Middle East, given the risk of increased volatility due to low liquidity in connection with the US holiday. Technically, a bullish wedge pattern is forming as part of the correction. The breakdown of the pattern's support did not lead to a decline, but a return of prices and a breakout of resistance could trigger growth after liquidity returns. Resistance levels: 3373, 3403, 3420 Support levels: 3349, 3320 Before growth, a retest of the trend support or the 3350 zone is possible. However, if the price goes above 3375 and the bulls hold their ground above this level, then we can expect growth to continue within the trend. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
NXPCUSDT → The coin is being killed. Searching for a new bottomNXPCUSDT is testing the bottom at 1.1675 while Bitcoin and the top 10 cryptocurrencies are in a global/local bullish trend... NXPCUSDT is showing its weakness in the cryptocurrency market. There is no potential or driver for the coin, and it continues to be killed... Against the backdrop of a growing market and Bitcoin forming a bullish trend, the NXPC coin is testing the bottom... After a strong and long-term decline, the NXPC coin is forming a flat (consolidation) in the range of 1.5637 - 1.1675. A pre-breakdown base is forming relative to support, which could lead to the price breaking out of consolidation downwards... Resistance levels: 1.2532 Support levels: 1.1675 Focus on support for the range and bottom in the current coin at 1.1675. This is a risk zone and a panic zone. If the price breaks out of this consolidation, there are no obstacles below and the fall could be aggressive. A breakout of the consolidation support could trigger a continuation of the rally or a decline with the aim of forming a new bottom... Best regards, R. Linda!
Short
by RLinda
6
German 40 Index – Sentiment Facing a Sterm TestSince hitting its most recent all time high of 24469 on June 5th the Germany 40 index has experienced some downside pressure as traders have moved to lock in profits on a very strong start to the year. This move has the potential to turn June into the worst monthly performance of 2025 so far, although there is still another 8 trading days to go. This short-term shift in sentiment has been related to a combination of factors. The new all time high of 24469 hit on June 5th coincided with the latest ECB interest rate cut. However, at that meeting Madame Lagarde indicated in the press conference that more data on the path of inflation, trade tariffs with the US and Eurozone growth would be required before the ECB would consider cutting interest rates again. This was followed by comments and headlines which suggested that progress on a trade deal between the US and EU was slow and would potentially continue past the original July 9th pause deadline set by President Trump. Then in the last week sentiment has been rocked further by the spike in Oil prices driven by an escalating conflict between Israel and Iran that has seen them trade missile attacks for 7 straight days, alongside a growing concern that the US may also be seriously considering entering a direct conflict with Iran after Bloomberg reported yesterday that senior US officials are preparing for a possible strike in the coming days. At the time of writing (0700 BST) this leaves the Germany 40 trading at 1 month lows around 23142 and suggests a consideration of the technical outlook, including potential support and resistance levels could be useful. Technical Update: Watching 23235 Last Correction Low Having posted a new all-time high on June 5th at 24469, a more extended price correction has developed in the Germany 40 index. Interestingly, as the chart below shows, this phase of weakness has seen closing breaks under what some might have anticipated would be support, marked by the Bollinger mid-average (currently 23862). In previous reports, we have suggested that traders may use the Bollinger mid-average as an indicator of the possible direction of the current price trend. If the mid-average is rising with prices above it, the trend may be classed as an uptrend, while if the mid-average is falling with price activity below it, a downtrend might be in place. As the chart shows, following the latest breaks below the mid-average, this has now turned lower, and traders might now be focusing on the possibilities for an extended phase of price weakness. Let's consider the possible support or resistance levels that could be worthwhile for traders to focus on. Potential Support Levels: With Thursday’s initial price activity so far seeing further selling pressure, as the chart below shows, it might be suggested the next relevant support is already currently being tested with moves below 23235. This level is equal to the last correction low posted on May 23rd at 23235. Traders might now be watching how this 23235 low support is defended on a closing basis over coming sessions, as confirmed breaks lower, while no guarantee of deeper price declines, might skew risks towards tests of the next potential support at 22303, which is equal to the 38.2% retracement of April 7th to June 5th strength. Potential Resistance Levels: Since the June 5th all-time high, an extended decline in price has already been seen, so a reactive recovery might be a possibility. However, having recently seen the mid-average turn lower, closing breaks back above its current 23862 level might now be required to trigger a phase of price recovery. While much will depend on future price trends and market sentiment, if successful upside breaks above the 23862 mid-average are seen, it might lead to tests of 24469 which is the June 5th all-time high. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:GER40
by Pepperstone
4
Gold's Next Move Up: Why I'm Waiting for This 1H Order Block.Hello, traders! 👋 Let's take a look at the current price action on Gold (XAU/USD). 📉 Current Situation: Correction Phase After a strong impulse that swept the Buy Side Liquidity (BSL), Gold has entered a correction. This corrective move has a clear target below: a key 1-hour order block that aligns with the 61.8% daily Fibonacci level. This area acts as strong support and a potential reversal zone for the continuation of the uptrend. ⚠️ Patience is Key Price has not yet reached a safe discount zone for considering long positions. This is where the "whale's" Point of Interest (POI) lies. It's highly probable that large players will deliver the price to this zone to "refuel" (mitigate their positions) before continuing the move up, or at least to test the manipulation that swept the initial BSL. My Trading Plan 🎯 The Long Setup The primary condition for considering a long setup from the $3356 - $3365 area is: Mitigation of the 1-hour order block. The 61.8% Fib level must hold with a clear reversal reaction on at least the 4-hour timeframe. I don't expect this to happen today. It's likely that price will first build liquidity above our POI before dropping into it. Only from that zone, and with LTF confirmation, can we consider safer long positions. This is not financial advice. My analysis is for educational purposes only.
OANDA:XAUUSDLong
by TheWhaleSM
32
INDU - Long trade - Stop loss hunted by smart playerINDUS Motors stoploss hunted by some very very smart player yesterday :) Brought down to 1685 level and then brought it up to just over its Fib 0.786 level. It is taking support from its SMA20 level and a golden cross is about to happen next month. This is the best time to hold onto it (my personal opinion, not a buy / sell call). It requires patience though. This stock is not for impatient. As per my last analysis of INDU, its targets are minimum 3200 to 3500 (May go further upwards). Moreover, it is a very good dividend stock. Ideal for long term investment. Liquidity sweep can also be observed in last two days ;)
PSX:INDULong
by Forever-Learner
BTC Approaching Key Confluence Zone: Pivot + PRZ + LiquidationsBitcoin ( BINANCE:BTCUSDT ) appears to have broken the Support lines and is currently declining . In terms of Elliott Wave theory , Bitcoin appears to be completing a corrective wave C . The corrective wave structure is a Zigzag Correction(ABC/5-3-5) . I expect Bitcoin to start rising again from the Support zone($104,380-$103,660) , Potential Reversal Zone(PRZ) , Cumulative Long Liquidation Leverage($104,471-$103,124) , Monthly Pivot Point , Support line , and 50_SMA(Daily) , and the small CME Gap($106,190-$106,150) will also fill. Note: Stop Loss: $102,520 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a 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. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
14
Solana SOL price analysis📞 Rumor has it that as soon as the global geopolitics reach a “temporary lull”, the following ETFs will be launched Solana ETF is the most likely to be the next one (but there are at least 2 coins more on the list, which we will talk about in the coming days) 🪙 So, are you ready to buy CRYPTOCAP:SOL in your investment portfolio? For example, in the range of $117-123 🤖 Maybe we need to launch a long trading bot OKX:SOLUSDT so that it can buy in micro portions on the current possible price correction to get a “tasty price” as a result ◆ Would you like to join such a trading bot and copy them? ◆ And then compare the results with all “ETF candidates” _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
4
Detailed technical analysis of the ETH/USD chart🧭 General Context (1D, Long-Term): The chart covers the period from approximately September 2023 to June 2025. ETH/USD has gone through a complete cycle: growth → decline → correction → potential consolidation/accumulation. 🔹 Market Structure (Price Action) 🔸 Trends: November 2023 – March 2024: strong uptrend, ETH reaches highs around $4,000+ March 2024 – February 2025: clear downtrend ending with a local low around $1,600 February 2025 – May 2025: dynamic rebound – probable trend change (new higher low + higher high) May – June 2025: currently consolidating between ~$2,400–2,800 📉 Key Support and Resistance Levels Type Level Notes 🔴 Resistance ~2,800 – 2,900 Local high, many candles with shadows rejected from above 🟡 Resistance ~3,200 – 3,400 Beginning of strong declines from 2024 🟢 Support ~2,300 – 2,400 Local lows in June 2025 🟢 Strong support ~1,600 – 1,800 Final market low of March 2025 (possible accumulation phase) 📊 Technical indicators ✅ Stochastic RSI (at the bottom of the chart): Currently in the oversold zone (~0–20) → may signal a potential bottom / buying opportunity Red-blue lines are starting to wrap upwards → possible rebound Recent crossovers of the indicator corresponded to local price movements 🔍 Technical formations ⚠️ Possible formations: Double Bottom: February–March 2025 → classic trend reversal formation Rising Channel: from March 2025 to present – ​​prices are moving in a slightly rising channel Current consolidation may be a bull flag (continuation after the increase) 📌 Summary – scenarios 🟢 Bullish scenario: Breakout of resistance ~2,800 → possible test of levels 3,200 – 3,400 USD Confirmation of a higher low → continuation of the uptrend Stochastic RSI in the oversold zone → potential for an uptrend 🔴 Bearish scenario: Drop below 2,300 USD → possible return to the area of ​​1,800–1,600 USD Breakout of the structure of higher lows Confirmation that the increase was only a correction 🧠 Final conclusions Currently, ETH/USD is in a key decision zone: after a strong rebound, the market is resting. Stochastic RSI suggests a potential upside impulse, but requires confirmation by a breakout of resistance. For traders: 2,800 (resistance) and 2,300 (support) are worth watching. For investors: 1,600–1,800 could be considered a long-term accumulation zone.
BITSTAMP:ETHUSD
by cryptodailyuk
Bitcoin BTC price analysis🍿 At the OKX:BTCUSDT chart, we show one of the scenarios that could play out in the first half of June. Much will be decided today with the opening of the US market. It is very likely that there will be a downward movement at the opening in response to the new tariffs announced by Trump on Friday after the markets closed. 🕯 Well, then we'll have to “keep our fingers crossed” that market players show their strength and hold on and buy back the drop — like say: we're tired of shaking with every crazy statement from Trump. 💰 If the price of CRYPTOCAP:BTC stays above $103k, there is a chance that it will be “stuck” in the $103-110k consolidation. The market needs to digest and redistribute the results of two months of #BTCUSD price growth from $75k to $112k. And considering the position of the BTC.D and USDT.D indices, there is a chance that the “little bit” of capital will pass to the altcoins, and they will shoot up a little. ⁉️ Probably, the safest thing to do would be to watch the altcoins and buy only those that have started a significant upward movement with volume. What do you think?
by P_S_trade
2
Small Caps about to get SlammedThe IWM has been trading inside this upward sloping wedge/bear flag for a few months. It just broke the bear flag this week and then tested the underside of it as resistance before getting rejected. This area also happens to be a golden pocket retracement zone from a Fibonacci I have drawn from the all-time highs made in November of last year to the lows made 2 months ago in April. The next probable move is back down to target 1 at the bottom of the Fibonacci retracement at $171. These golden pocket retracements have a very high probability of moving back down to the bottom of the retracement, sometimes breaking lower. This area at $171 has a lot of support but if it breaks, I expect it to come down to the orange line which is an upward sloping paralell channel that the IWM has been trading in since the financial crisis of 2008. The bottom of said channel connects the 2009 lows through the covid lows of 2020. This area also happens to be the -0.618 Fibonacci retracement area, it would be the 3rd hit of the bottom this major weekly channel and would very likely contain the lows for the current bear market.
AMEX:IWMShort
by bradc1984
2
NZDUSD - Expecting Bearish Continuation In The Short TermH1 - Clean bearish trend with the price creating series of lower highs, lower lows. No opposite signs. Expecting further continuation lower until the two Fibonacci resistance zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
Short
by VladimirRibakov
#ASCM - Egyptian stock - great opportunity, high financial risk#ASCM time frame 1 DAY Note : before technical analysis the financial position of the company isn't in the best condition , there isn't any cash flows from operations activity , in anther hand the company work in MINING so that may cost the company lot of expenses and time before achieving any Mining discovery . We have here a great Gartley Bullish pattern with 2 positive diversions at MACD and RSI in addition the prices in critical point ( stop loss of the pattern ) so : Entry level at 34.00 ( price now is 32.85 ) so we can wait to close daily over 34.00 or start from this point ( consult your account manager ) Stop loss 32.70 ( estimated loss -4% ) or estimated loss from this point is 0.50 % First target at 37.50 ( estimated profit around 14% ) Second target 40.70 ( estimated profit around 23% ) Third target 42.70 ( estimated profit 30% ) NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock . 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:ASCMLong
by tfcgeorge
ICDI - save your profits and capital#ICDI timeframe 4 hours and also 2 hours Created a bearish Gartley pattern Sell point around 3.72 ( prices now is 3.74 ) Stop loss / reentry 3.80 (estimated loss -2.00%) First target at 3.53 (estimated profit 4.87%) Second target 3.80 (estimated profit up to 9.24%) Third target 3.20 (estimated profit up to 13.90%) NOTE: this data according to timeframe 4 hours and also 2 hours. It's 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:ICIDShort
by tfcgeorge
ADRI - Egyptian stock market - good for medium term investing #ADRI timeframe 1 DAY Created Gartley Bullish pattern. Entry level at 1.08 ( price now 1.07) Stop loss 1.02 ( loss may go to up -5.50% ) - support 1.05 First target at 1.24 ( with profit around 14.49% ) resistance 1.15 Second target 1.37 ( with profit around 26.60% ) resistance 1.28 Third target 1.52 ( with profit around 40.84% ) resistance 1.45 NOTE : this data according to time frame I DAY , so its may take time up to 3 months . 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:ADRILong
by tfcgeorge
$MPRC - Beware of the bears trap** EGX:MPRC - 1-Day Timeframe** A highly complete bearish Gartley pattern is forming. - **Sell Point:** Around 26.50 - **Stop Loss/Reentry:** 28.17 (estimated loss: -7.00%). A close above 28.17 would signal continued upward momentum. - **First Target:** 23.70 (estimated profit: 10.40%) - **Second Target:** 22.00 (estimated profit: up to 16.87%) **Notes:** - The RSI shows weakness but remains above 70, indicating strength. A close below 70 would signal a halt to the upward trend. Until then, the stock remains positive for the long term. - This analysis is based on the 1-day timeframe. **Disclaimer:** This is not investment advice—only my interpretation of the chart data. Consult your account manager before making any decisions. Good luck!
EGX:MPRCShort
by tfcgeorge