GBPUSD H1 I Bullish Bounce Based on the H1 chart, the price is falling toward our buy entry level at 1.23299, which aligns with a pullback support level and the 61.8% Fibonacci retracement. This level is expected to act as a potential bounce point in the bullish setup.
Our take profit is set at 1.23982, a recent high.
The stop loss is placed at 1.22816, below the previous swing low, providing room for price fluctuations while ensuring the bullish setup remains valid.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Harmonic Patterns
XAUUSD H4 I Bearish FallBased on the H4 chart, the price is approaching our sell entry level at 2,775.66, which aligns with a strong resistance level and the 161.8% Fibonacci extension and thr 61.8% FIvonacci projection. This level is expected to act as a potential reversal point in the bearish setup.
Our take profit is set at 2,747.22, an overlap support level where price may find buying interest.
The stop loss is placed at 2,793.34, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
BTC LONG TP:111,000 21-01-2025A long position in Bitcoin has been established, focusing on the 1-hour timeframe, with the aim of reaching a target of 111,000. It is anticipated that this goal will be achieved within a timeframe of approximately 8 to 16 hours. It is important to emphasize that if this target is not met within the specified period, the position will be deemed invalid, and a thorough review of the adopted strategy will be conducted.""A long position in Bitcoin has been established, focusing on the 1-hour timeframe, with the aim of reaching a target of 111,000. It is anticipated that this goal will be achieved within a timeframe of approximately 8 to 16 hours. It is important to emphasize that if this target is not met within the specified period, the position will be deemed invalid, and a thorough review of the adopted strategy will be conducted.
Oil Cypher, decent structure. Full plan Pretty standard set up for me, I typically trade this in a much lower time frame. Procedure rarely changes, find structure, use all of the patterns and build area of interest.
Using a combination of a Cypher and Lighting/1.2 for entry also a sub cypher for target.
Add levels posted in chart.
use boxes for stop management. 1st yellow box move stop to BE, 2nd tp1 and 3rd tp 2. I trade Oil a bit differently if anyone is wondering as far as Tp's, Feel free to use standard off the top same process. I will update this if and when time allows.
Best of luck guys 2025 is going to big!!
1st entry was 3o minute Pin bar, bought open of next candle. Late and 74$ was .414 and even handle, all things I have interest in.
Bitcoins peaks at 150k on July 4th 2025Cost of business today: $70k
A factor of 2.3125 diminished return.
Price: $151,351.3513513514
(70k * 5) / 2.3125 = $151,351.3513513514
Peak date: July the 4th of 2025.
Today is January 27th, 2021 = March 17th, 2017.
This cycle is 2.3125 slower, so it takes 2.3125 more days than 2017's cycle mathematically speaking.
Enjoy Altseason, it starts tonight at midnight UTC and will end on April 20th exactly.
Pepe - Previous Elliot Wave Count Explanation I want to explain fro a previous wave and Trend Based Fib Retracement why I'm more bullish at 1.618 than 2.0 at the moment.
Previously you can see how 1.618 had no impact on support. Looking at my previous post (where we are now) there seems to be more support at this level.
Then is not now. Looking at the levels.
Shows both Gartleys:
The key is Trend Based Fib retracement tool for supportt/resistance levels. Thats a massive start!
EURCHF DOWN FOR 100PIPSTechnical Analysis: If there's a strong resistance level ahead or if price is nearing an overbought condition (using indicators like RSI or MACD), a pullback could be expected.
Fundamental Factors: Are there any upcoming events (such as economic data releases or central bank decisions) that might drive the pair down?
Market Sentiment: Sentiment shifts in the Eurozone or Switzerland could impact the EUR/CHF pair. For example, any geopolitical tension or financial market fluctuations could also contribute.
Pepe - Revised Elliot Wave Count and Gartley Update/*
Update from last post:
Revised target. Yellow 1.618 support/resistance. Trend based fib extension moved from local range to Elliot Wave 1 and 2 seen with dotted yellow 1 .. 2.. (Pulled from High .. Low .. High) .. hence 1.618 support/resistance. 2.0 the target to fulfill (in my opinion Wave 3 then heading to wave 4 as depicted.
Volatility expected as 1.618 coincides with the lowest low not so long ago. I'm personally expecting lower and given the volatility probably a quick wick to the upside.
Note: If looking back on this chart I've drawn. Something similar has already played out before. PLAY WITH FIB EXTENSION! Awesome!
*/
Hi Traders -
Macro view of revised wave count and Gartley Harmonic in support of analysis.
Currently we could be still playing out the 3rd wave opposed to what I mentioned in previous posts where mentioning that were looking for the 5th wave to play out.
Used current bias based on previous example as can be seen with the earlier Gartley Harmonic.
Looking for slightly lower (yellow) 1.618 or (blue) 2.0 for support to end the 3rd Wave into the 4th, wave before wave 5 to play out before the corrective waves.
Trading the moment as there are no certainties and only probabilities.
Golden Entry = Right NowIf you have ever wanted to get into a sell, now is the time. Gold is at it's all time high. So now we are going back to the dots. Look at this theory and let me know what you think... I enjoy doing this for people because nobody did it for me. Drop a .05 and ride! Hi 5. Not financial advice just a hunch...
VIX Shark Is Set to Soar. the VIX Shark is about to go through the roof, like seriously, it's set to soar by about 14.6!
That's some crazy movement right there. I can already picture the market going wild with all that volatility.
It's like the calm before the storm, you know? Better hold on tight and brace ourselves for some serious action.
Who knows what's gonna happen next? It's like a rollercoaster ride, but for your investments. So, if you're in the game, get ready for some adrenaline-pumping moves.
And if you're not, well, maybe now's the time to dip your toes in and see what all the fuss is about . Either way, it's gonna be one heck of a ride!