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Fibonacci Retracement

GOLD → False breakdown and change of mood...FX:XAUUSD is strengthening after a false breakdown of support at 3288, with the change in fundamental sentiment due to US statements on the tariff war also providing support for the price. On Thursday, gold rose from a weekly low of $3,260, supported by a weaker dollar and renewed concerns about US trade negotiations with China and Japan. Optimism about tariff cuts quickly faded after denials from the White House. Weak US business activity data is fueling talk of a possible Fed policy easing, which is also supporting gold. The markets remain focused on trade news and Trump's statements. Technically, gold could reach the liquidity cluster at 3314 and continue to rise towards strong resistance at 3370. Resistance levels: 3342, 3370, 3387 Support levels: 3314, 3288, 3270 Below 3314 and below 3288, a liquidity pool has formed, which the market is likely to test before continuing its growth. It is too early to talk about a resumption of a strong rally, as the situation between the US and China is complicated, as are the negotiations on the situation in Eastern Europe, which seem to be moving towards talks, but every time something goes wrong... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
16
BANARISUG Weekly | Bullish Breakout from Retracement | Short-Ter📈 Swing Trade Recommendation (Short-Term): Buy Zone: ₹4,000–₹4,030 (on dips or closing above ₹4,100) Target 1: ₹4,400 (Fibo 0.786 level) Target 2: ₹4,750–₹4,800 (swing high near 1.0 Fibo) Stoploss: ₹3,825 (below 0.5 Fibo support zone) 🔍 Technical Highlights: Volume surge confirms strong buying interest (see blue arrow). RSI breakout suggests new momentum leg forming. 0.618 Fib level reclaimed after long consolidation → bullish bias. for educational purposes only
NSE:BANARISUGLong
by rmhetre15
APTUSDT → Retest of the liquidity zone. Downward trendBINANCE:APTUSDT.P failed to realize its potential. The price made a false breakout of resistance and formed a reversal pattern. Correction or continuation of the downtrend? Bitcoin is rebounding from resistance. Technically, the market may enter a correction or consolidation. Altcoins are reacting accordingly — correction Within the downtrend but local ALT rally, APT failed to realize its potential and formed liquidity accumulation and a false breakout of the downtrend channel resistance before a possible decline... Resistance levels: 5.2, 5.458 Support levels: 4.76, 4.48, 4.17 A consolidation of the price below the trend resistance or below 5.20 could trigger a continuation of the global and local trends. The coin is likely to remain near the bottom and test new lows... Best regards, R. Linda!
Short
by RLinda
3
GOLD → Reversal or correction? What to do now?FX:XAUUSD reaching the psychological high of $3500 has entered the correction phase, which was also influenced by a slight easing of the tariff conflict between the U.S. and China.... After falling without reaching the zone of interest 3288, the gold price is strengthening at the beginning of the European session, expecting PMI data from the U.S.. Earlier, the metal reached a record of $3,500, but rolled back amid hopes for an easing of the trade war with China and words of the US Treasury Secretary about a possible “détente”. The dollar recovered as part of the correction, but investors doubt Trump's predictability, gold at this time begins a correction. In the center of attention is the PMI index from S&P Global: its results may affect expectations for Fed Funds rates and give a new direction to the market. Resistance levels: 3340, 3360, 3366 Support levels: 3317, 3288 Technically gold is in correction and confirms the bearish structure. But any unexpected statement by Trump may attract aggressive buying. Nevertheless, we should now consider a possible decline from 3340 - 3360 - 3366. Buying could be considered on a retest of support or a close above 3370. Regards R. Linda!
FX:XAUUSDShort
by RLinda
17
EURAUD → False breakdown as part of a bullish trend correctionFX:EURAUD amid the global bullish trend is forming a correction to the trading range support. Bulls are trying to hold the 1.775 zone The currency pair is in a wide range, in consolidation. Relative to the lower boundary of the range, the price makes a false breakdown and liquidity capture, which may lead to a correction to 0.5 of the range, or to resistance Price consolidation above 1.775 and formation of local reversal pattern may affect further growth (global trend is bullish, locally - correction). The fundamental background is unstable, but the dollar index is still in correction after a strong fall.... Resistance levels: 1.7855, 1.7987 Support levels: 1.775, 1.7695 If the bulls hold the defense above the key support - the lower boundary of the trading range, the currency price may bounce up and head for the liquidity accumulated above the resistance.... Regards R. Linda!
Long
by RLinda
4
Bajaj Finserv: Preparing for a Big Move! 🚀 Bajaj Finserv: Preparing for a Big Move! 🚀 📍 CMP: ₹1798 📉 Stop Loss: ₹1615 🎯 Target: ₹2025 | ₹2500 🔹 Key Insights: ✅ Rounding Bottom Formation: Neckline at ₹2025—confirmation above this level could unlock strong upside potential. ✅ Channel Trading: The stock is moving within a well-defined upward channel. ✅ Macro Factor: Potential RBI rate cuts could act as a major catalyst. ✅ Strategy: Staggered entry to manage risk in a volatile market. ⚠️ Risk Management: Strict adherence to stop loss at ₹1615 is crucial. 📉 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #BajajFinserv #TechnicalAnalysis #BreakoutStrategy #SwingTrading #StockMarket
NSE:BAJAJFINSVLong
by satyam15
Mphasis: Bounce from Long-Term Support🚀 Mphasis: Bounce from Long-Term Support 🚀 📉 Current Market Price (CMP): ₹2790📈 Support Level: Long-term support bounce confirmed🔒 Stop Loss: ₹2170📈 Targets: ₹2518 | ₹2732 📊 Key Insights: 🔹 Sector Strength: Nifty IT index showed a strong recovery after an initial 2% gap down, reclaiming losses in the first hour – a sign of sector-wide resilience. 🔹 Technical Setup: Mphasis has bounced from long-term support and is forming an "N" pattern. Today's breakout further strengthens the bullish sentiment. 🔹 Swing Trading Opportunity: With quarterly results approaching in April, this could present an attractive swing trading opportunity in the IT space. 💡 Strategy & Risk Management: 🔒 Stop Loss: Maintain a strict stop loss at ₹2170 to protect against downside risk.📈 Staggered Entry: Given market volatility, consider building positions gradually as confirmation strengthens. 📈 Outlook: With the Nifty IT sector recovering and Mphasis confirming a technical breakout, there is potential for further upside. Careful position management can help navigate market fluctuations. 📍 Stay informed and stay disciplined! 📈 Disclaimer: As a non-SEBI registered analyst, I recommend conducting thorough research or seeking advice from financial professionals before making investment decisions. #Mphasis #ITSector #SwingTrading #TechnicalAnalysis #StockMarket #InvestmentOpportunities #BreakoutStrategy
NSE:MPHASISLong
by satyam15
3
Britannia: FMCG Bounce in Play?🚀 Britannia: FMCG Bounce in Play? 🚀 📉 Current Market Price (CMP): ₹4845 🔒 Stop Loss: ₹4690 📈 Targets: ₹5045 | ₹5232 📊 Why Britannia Looks Promising: 🔹 Sector Rotation Insight: After a strong run in Nifty, Banking, and IT sectors, FMCG appears primed for a potential bounce—and Britannia stands out as a top pick for this move. 🔹 Technical Setup: The stock is holding key support levels, presenting a low-risk, high-reward opportunity for a short-term bounce. 💡 Strategy & Risk Management: 🔒 Stop Loss: Maintain a strict stop loss at ₹4690 to limit downside risk and protect capital. 📈 Staggered Entry: With the recent market rally, adopt a phased entry approach to mitigate volatility and enhance risk management. ⚠️ Caution: The market has already experienced a significant move—position sizing should be adjusted carefully to maintain a favorable risk-to-reward ratio. 📍 Outlook: As FMCG gears up for a potential bounce, Britannia offers a timely swing trading opportunity with defined risk parameters and clear technical targets. 💬 Do you see FMCG leading the next market move? Share your insights below! 📅 Follow for more technical insights and actionable market updates. 📈 #Britannia #FMCG #SwingTrading #TechnicalAnalysis #StockMarket #InvestmentOpportunity 📉 Disclaimer: As a non-SEBI registered analyst, I encourage investors to conduct independent research or consult with financial professionals before making investment decisions.
NSE:BRITANNIALong
by satyam15
ETH gives a strong exit from the descending channel!Hello everyone, I invite you to review the current situation on ETH, because you can see a significant rebound at the level of 30% from the last low. When we enter the four-hour interval, we can see how the ETH price moved in the local downtrend channel, from which we got an exit at the top, such a scenario often gives increases at the level of the channel height, which would bring the price closer to the levels of $ 2100. Here you can see how the current rebound brought the movement closer to the resistance at the level of $ 1830, and then resistance is visible at the price of $ 1950, where the ETH price must then face a strong resistance zone from $ 2060 to $ 2100, where there could potentially be an upward movement after leaving the channel as in this case. Looking the other way, you can see that when the trend reverses, we first have support at the level of $ 1730, but if it is broken, the ETH price may continue to fall and return to a strong support zone from $ 1480 to $ 1380. It is worth paying attention to the MACD and RSI indicators because you can see how in the 4H interval we have gone beyond the upper limits of the ranges, which may translate into visible price consolidation on the chart in order to cool the situation.
by cryptodailyuk
1
SOLANA → Pre-breakout consolidation relative to 136.00BINANCE:SOLUSDT relative to the range support forms a false breakdown. The market reacts quite positively and the price recovers, forming a consolidation in front of strong resistance Bitcoin is also in consolidation, as well as SOL, in general the movements coincide, but lately bitcoin is leading relative to the stock market. SOL is in consolidation in front of a strong resistance level at 136.00. The primary test may end with a small correction to 0.5 fibo, or consolidation near the level, but a breakout and price consolidation above the current consolidation will be a positive signal for continued growth. The global trend reversal is out of the question, we are aiming at local targets, such as 140, 147, 152. Resistance levels: 147,152 Support levels: 129, 123, 111 In general, the global market situation is bearish, the local situation is neutral as the price is in a sideways range. A false breakdown was formed against the support of the current range. Technically, due to liquidity imbalance (after the false breakdown) the price may head towards such zones as 147 - 152 Regards R. Linda!
Long
by RLinda
18
GBPUSD → A false breakout can trigger a correction FX:GBPUSD is strengthening as part of the rally associated with the fall in the dollar index, but there is a technically strong resistance zone ahead that could trigger a correction... The dollar index, due to US politics, desire for lower interest rates, tariff war, continues its decline, giving an advantage to the currency pairs of the main basket. Against this background, the pound sterling is strengthening and is ready to test the key resistance at the moment: 1.343. The huge pool of liquidity, accumulated behind this area may not let the price up at the first time. The last test and confirmation of this level was half a year ago. Resistance levels: 1.343 Support levels: 1.3292, 1.3207 A sharp approach to resistance, a false breakout without the possibility of growth continuation and consolidation below the resistance 1.3430 may provoke a correction in the imbalance zone or liquidity 1.3292. Regards R. Linda!
Short
by RLinda
10
Panic Selling LINK? Here’s Your Master PlanBuckle up! LINK has been riding a relentless bearish trend for 113 days, ever since it kissed its peak of $30.94 back in December 2024. With economic uncertainty casting a shadow over the markets and fear gripping investors, the big questions loom: Is this the dip to buy while others panic-sell? Or is it wiser to sit on the sidelines? Let’s slice through the noise, dissect LINK’s chart like a seasoned pro, and uncover the setups that could turn this chaos into opportunity. Let’s dive in! The Big Picture: LINK’s Bearish Blueprint LINK is currently trading at $13, a far cry from its yearly open of $20. April has kicked off, and LINK has already surrendered the monthly open at $13.5, a critical level now acting as a brick wall overhead. Zooming out, the trend is unmistakably bearish: lower highs and lower lows dominate the chart. Adding fuel to the fire, LINK is languishing below the Point of Control (POC) at $14.32, derived from a 1.5-year trading range. This is a market screaming caution for bulls and whispering opportunity for bears, at least for now. But charts don’t lie, and they’re packed with clues. Let’s map out the key levels, pinpoint trade setups, and arm ourselves with a plan that’d make even the most seasoned traders nod in approval. Resistance Zones: Where Bears Sharpen Their Claws 1.) Resistance - The Golden Pocket ($13.6 - $13.7) Using the Fibonacci retracement tool on the latest downward wave, the golden pocket (0.618 - 0.65 Fib) aligns beautifully with the monthly open at $13.5. Oh wait there’s more, this zone overlaps with a Fair Value Gap (FVG), making it a magnet for price action. Trade Setup (Short): Entry: ~$13.5 (if price tests and rejects this zone). Stop Loss (SL): Above the recent swing high at $14.4. Take Profit (TP): First target at $11.85 (swing low), with a stretch goal at $11. Risk-to-Reward (R:R): A solid 2:1. The Play: If LINK crawls up to this resistance and gets smacked down, bears can pounce. Watch for rejection candles (e.g., shooting star, bearish engulfing) to confirm the move. 2. Key Resistance - Cloud Edge & VWAP ($15.74 - $16.5) The Cloud edge of my indicator sits at $15.74, while the anchored VWAP (from the $26.4 high) hovers at $16.5. A break above $16.5 would flip the script, snapping the bearish structure and signaling a potential trend reversal. Bullish Scenario: If bulls reclaim $16.5 as support, it’s a green light for a long trade. Until then, this is a fortress for bears to defend. The Play: No bullish setups here yet. Support Zones: Where Bulls Build Their Base 1.) Support - Swing Low ($11.85) This is the first line in the sand for bulls. A potential Swing Failure Pattern (SFP), where price dips below $11.85, sweeps liquidity, and reverses—could spark a long trade. The Play: Watch for a bullish reversal candle or volume spike here. 2.) Major Support Cluster - The Golden Zone ($10 - $11.85) This is where the chart sings a symphony of confluence: Swing Low: $11.85. POC: $11.33 (1.5-year trading range). Monthly Level: $11.02. Fib Retracement: 0.886 at $10.69 and 0.786 (log scale) at $10.77. Psychological Level: $10. Trade Setup (Long): Entry: Dollar-Cost Average (DCA) between $11.85 and $10. Stop Loss (SL): Below $10 Take Profit (TP): First target: $13.5 (monthly open), stretch goal: $20 (yearly open). Risk-to-Reward (R:R): A monstrous 6:1 or better, depending on your average entry. This is the kind of trade we are looking for! The Play: Patience is key. Wait for confirmation—think bullish engulfing candles, a surge in volume, or positive order-flow momentum. This isn’t a “hope and pray” trade; it’s a calculated ambush on the bears. Market Structure: Bears Rule, But Bulls Lurk Right now, LINK’s chart is a bear’s playground—lower highs, lower lows, and no bullish momentum to speak of. The $16.5 VWAP is the line in the sand for a trend shift, but until then, short trades take priority. That said, the $10 - $11.85 support zone is a coiled spring for bulls. If fear drives LINK into this range, it’s time to load the boat with longs—provided confirmation aligns. Your Trading Edge LINK’s 113-day bearish descent is a wild ride, but it’s not random chaos—it’s a roadmap. Bears can feast on rejections at $13.5 - $13.7 with a tidy 2:1 R:R short. Bulls, meanwhile, should stalk the $10 - $11.85 zone for a high-probability long with a 6:1+ R:R payoff. Whether you’re scalping the dips or swinging for the fences, these levels give you the edge to trade with confidence. So, what’s it gonna be? Short the resistance and ride the wave down? Or stack bids at support and catch the reversal of a lifetime? The chart’s laid bare—now it’s your move. Drop your thoughts below, and let’s conquer this market together! If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know, I’m here to break down the charts you want to see. Happy trading =)
Short
by SiDec
22
LINK’s Swing Setup Could Push Past $15LINK bounced right off the $10 mark, charging upward toward the monthly open before slamming into resistance around $13.25. But now what? Let’s break it down — because the next high-probability setup is taking shape, and it’s one you don’t want to miss. The Current Situation: LINK is: Below the Point of Control (POC) of this trading range (~$11.35). Below the monthly open at $13.5. Still in a bearish trend on the 4H, showing lower highs. Facing decent rejection from the monthly level. We’re currently trading below the weekly open at $12.62, now sitting right on the Value Area Low (VAL) at $12.36. That puts us in a precarious spot and sets the stage for the next move. Bearish, bearish, bearish. When bullish sir? Staying patient and waiting for a real shift in market structure is key. The Bearish Play: Liquidity Grab Incoming? There’s a liquidity pocket waiting below at $11.68, the most recent swing low. If LINK loses VAL and bearish pressure kicks in, this becomes the next logical target. But here's where things get interesting... The Bullish Setup: Confluence-Backed Long Opportunity This isn’t just any random support zone — there’s a perfect confluence stack forming: Swing low: $11.68 Daily support level: $11.45 Weekly support level: $11.28 POC of trading range: ~$11.35 0.618 Fibonacci retracement lands in this zone as well That’s four layers of support in one tight cluster. This is where we want to scale into longs. The Play: Scaling In Entry: Ladder long positions from $11.68 down to the 0.786 fib (near $11.2) Stop Loss: Below $10.35 for invalidation Target: 0.786 fib retracement of the previous downward wave at ~$14.5 R:R: Approx. 3:1, with a potential +30% gain The trend remains bearish but the chart is setting up a prime reversal zone. Patience is key here. 🔔 Set alerts. Watch for volume spikes. Look for SFPs or bullish engulfing candles etc. The next move on LINK could offer one of the best swing setups especially since this trade could extend past the $15 mark, putting you ahead of the curve. 💬 Found this helpful? Drop a like and comment below. Want TA on another coin? Let me know and I’ll break it down for you. Happy trading everyone! 💪

Long
by SiDec
5
Ethereum Hits Support – Time to Load Up?🎢 The Great 112‑Day Drop What happened? Over the past 112 days, ETH tumbled –66%, sliding from $4109 down to $1383 and oh yeah, it even poked its nose below the January 2018 all-time high. 7 years ago! Support Zone: 0.786 + Volume Profile 0.786 Fib: $1,570.85 (drawn from the 2022 low $870.80 to that $4109 high). 5‑Year POC: $1565 Hold Tight: For 2 weeks, the 0.786 level has acted as support, bouncing price right back up. Sell in May and go away? Rather buy in May and grab some gains on the way? Trade Blueprint: Your Ethereum Game Plan Entry Zone: $1570.85 Stop Loss: Below $1369.79 Profit Targets: $1800, $2000 ,$2500, $3000 Risk/Reward: Risk ≈13%, Reward ≈91%, a solid 7:1 R:R DCA Missed the perfect entry? No drama... dollar‑cost average between $1700 and $1500. Keep an eye on the monthly open at $1822. Bulls need to break this resistance zone. Bottom Line Ethereum’s –66% dive has handed us a golden ticket at the 0.786 fib and 5‑year POC. This is one of those “buy the dip” moments. ________________________________ 💬 Found this helpful? Drop a like and comment below. Want TA on another coin? Let me know and I’ll break it down for you. Happy trading everyone! 💪
COINBASE:ETHUSDLong
by SiDec
4