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Fibonacci

GOLD → Correction before a decline or continuation of the trend?FX:XAUUSD is testing the liquidity zone during the Asian session and forming a false breakout. The metal is recovering, but the fundamental background remains unstable... On Monday, gold is holding steady at around $3,300 amid a weaker dollar and caution among traders ahead of US-China talks and the release of US inflation data (CPI) on Wednesday. Strong NFP data for May strengthened the dollar and lowered expectations for a Fed rate cut. However, domestic problems in the US are putting pressure on the currency... Markets are adjusting positions ahead of CPI. Geopolitics and domestic unrest in the US are holding back gold's decline, despite possible optimism about a trade deal. Technically, the trend is bullish, with the price previously breaking the structure but rising in the Asian session after a false breakdown of the order block and the 3300 liquidity zone. Further movement depends on 3330 - 3340 Resistance levels: 33301, 3339, 3375 Support levels: 3301, 3275 The price is heading towards 3330-3340 for a retest. If the dollar continues to decline and gold manages to consolidate above 3340, the bullish trend may continue. BUT! A false breakout of the 3330-3340 zone could trigger a further decline after the bullish structure breaks down. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
8
GOLD → Correction to 3275FX:XAUUSD and medium-term outlook: Friday's strong unemployment data strengthened the dollar and triggered a sell-off in gold. Money is temporarily flowing out of the metal and into currencies and the stock market... Technically, gold is still in a bullish phase on the global timeframe. Logically, the situation is more reminiscent of a countertrend correction of the zone of interest before continuing growth. Despite the rise in the DXY after Friday's news, the dollar is still under pressure from Trump, who is pushing for an early interest rate cut. This move could significantly shake the market (dollar down, gold up) Locally, on the hourly XAUUSD timeframe, we can clearly see how the price is breaking out of the uptrend, thereby triggering a downward impulse. Resistance levels: 3325, 3343 Support levels: 3303, 3275 The liquidity level of 3300 could act as a magnet for the price, from which a correction to the resistance of the range of 3325 could form (liquidity hunt), but due to the change in the fundamental background, gold may continue its correction to 3275 (support zone) before a possible continuation of growth. Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
15
Bitcoin’s Final Wave & Time Reversal Zone _ New ATH Loading?Today, I want to analyze Bitcoin ( BINANCE:BTCUSDT ) on the weekly time frame and answer these questions : Can Bitcoin create a new All-time High(ATH) or not!? At what price range can Bitcoin's uptrend end!? When can we expect the uptrend to end!? Please stay with me. Bitcoin appears to have managed to break the Resistance lines , although we saw a fake break a few months ago , and it also appears to have a Hammer Candlestick Pattern in the previous weekly candle , which could signal the completion of Bitcoin's pullback to the Resistance lines(broken). In terms of time , if we want to analyze the Bitcoin chart and look at Bitcoin's past, in general, the months of June(Average=-0.13%/Median=+2.20%) and especially July(Average=+7.56%/Median=+8.90%) have been among the most productive months for Bitcoin , and the months of August(Average=+1.75%/Median=-8.04%) and September(Average=-3.77%/Median=-4.35%) were the months when Bitcoin had a correction . Technical analysis tools show the end of the upward trend and the beginning of Bitcoin's correction at the Time Reversal Zone(TRZ=June 23 to August 4) . In terms of Elliott Wave theory , Bitcoin appears to be completing the main wave 5 , as the main wave 3 was extended . I expect Bitcoin to trend higher(+10%) in the coming weeks and create a new ATH . New ATH could be created in the Potential Reversal Zone(PRZ) and TRZ , and then we can wait for the start of the main correction . What do you think about Bitcoin’s future movement? Can Bitcoin create a new ATH? When and at what price? Note: If Bitcoin falls below $100,000, we should expect further declines. Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), weekly 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
13
AUDUSD → Correction after a false breakout before growthFX:XAUUSD continues to rise amid uncertainty surrounding the dollar, which continues to consolidate. The currency pair is preparing to test resistance at 0.6537 The dollar is stuck in place due to market uncertainty. At the same time, the Australian dollar is strengthening and is ready to test the liquidity zone Within the current trend, the currency pair is heading towards resistance and the liquidity zone. We opened far away, and as we move towards the target, the potential for further growth may end. A false breakout of 0.6537 could trigger a correction Resistance levels: 0.6537 Support levels: 0.6509, 0.6479 A sharp move towards resistance without the possibility of further growth could cause a false breakout of 0.6537. Price consolidation below this level could trigger a correction before growth. Best regards, R. Linda!
Long
by RLinda
5
AUDUSD Start of Week DropThe DXY index has double bottomed and left a significant FVG at around $1. This has yet to retrace and market sentiment towards seeing the USD under $1 is tough. This FVG is likely to close this week as a last ditch effort to hold the USD at $1 level. We have business confidence news twice in the early week that is likely to be not great pressuring the AUD, then later on we have USD news that will likely hold or temporarily bolster USD confidence. This is the dynamics shift that I believe will bring on that larger retracement of the USD to $1. Be ready for a significant rejection once we arrive at the FVG though.
Short
by sd_x
3
EUR/USD | Distribution in Play – Short Bias Active After completing a textbook Wave 5, price entered a premium supply zone and executed a clean liquidity sweep. 🔹 Confirmed Change of Character (ChoCh) signals the shift from bullish to bearish order flow. 🔹 Price is respecting the SMC structure:   📍 Liquidity grab   📍 Mitigation of bearish order block   📍 Distribution phase after impulsive rally 📉 Short-Term Bias: Bearish 🎯 Targeting the demand zone below near 1.1275–1.1292, where we may expect accumulation to begin again. 📌 Plan: 1. Short entries valid below 1.1439 supply. 2. Monitoring reaction at the blue zone for possible reversal next week. ⚙️ Strategy used: SMC + Wyckoff Distribution + Elliott Wave (Top-down)
Short
by Greenfireforex
Rebound is a good opportunity to short goldGold gradually rebounded after touching 3295. The highest price has rebounded to 3338. Although the rebound has reached $43, the upward momentum is not strong during the rebound. Therefore, the current rebound cannot be confirmed as a reversal trend. Moreover, gold has not yet effectively broken through the 3330-3340 area. Gold is still weak in the short term. Gold still has the potential to fall after the rebound. It will at least retest the 3315-3305 area again. Therefore, there is no need to fear the rebound of gold for the time being. The rebound of gold is a good opportunity to short gold. I think gold will at least retest the 3315-3305 area again, and even exceed expectations to the area around 3280. Shorting gold is the password for profit in the short term!
OANDA:XAUUSDShort
by Steffen_Schade
Injective INJ price analysis🔼 We saw an infographic showing that the #Injective ecosystem currently ranks second in terms of capital inflow and retention. (First place goes to #Ethereum CRYPTOCAP:ETH with a threefold lead.) 🕯 Now let's check this information on the OKX:INJUSDT price chart, and we can see that there is indeed “buyer power”. After two months of growth, the price of #INJUSD is now adjusting quite moderately. 🍿 So, if #Injective is “preparing something really interesting” for the summer, then the price of their #INJ token should not fall below $10. From there, it will be possible to organize “modest” growth, at least up to $27. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
BTC.D (Dominance at Critical Fibonacci Confluence) 2025 Weekly **Summary:** Bitcoin Dominance (BTC.D) is testing a major Fibonacci confluence near the 66% level. This zone historically acts as a major pivot and may signal either a continued dominance rally or a potential reversal setting the stage for altseason. We use three layered Fibonacci retracements to outline dominant trend zones, key resistances, and projected targets. **Chart Context:** This chart uses **three distinct Fibonacci retracements** to map the historical and projected behavior of BTC dominance: 1. **Primary Fib** (100% to 0%): Captures the macro move from BTC.D \~100% down to its 0% level at \~0%, which aligns with the first altseason (2018–2019). 2. **Secondary Fib** (100% to 38.88%): Maps the first bearish wave to identify potential recovery levels. BTC.D retraced up to the 61.8% (\~73.68%) but failed to break further. 3. **Third or the Current Fib** (73.68% to 38.88%): Maps the latest bearish fall in BTC.D. As of now, BTC.D is hovering at the 78.6% retracement level of this move, indicating heavy resistance. **Key Technical Observations:** * **1st TP (Resistance):** 66% — Strong Fibonacci confluence zone: * Fib2 48.6% ≈ Fib3 78.6% * Major reversal zone historically * **2nd TP (Support):** 52.25% — Multi-Fib confluence: * Fib1 48.6%, Fib2 61.8%, Fib3 38.2% * **3rd TP (Ultimate Support):** 38.88% — Historical BTC.D bottom, aligned with the first altseason. * Intermediate Fibonacci confluences between 48%–60% serve as layered support during decline phases. **Indicators:** * No external indicators used; pure multi-frame Fibonacci confluence. * Price action structure and historical patterns highlight potential market rotation zones. **Fundamental Context:** The current phase of the market reflects increasing speculative activity in altcoins while Bitcoin consolidates. Historically, high BTC.D correlates with Bitcoin-led rallies, while a sharp drop often triggers altseason. * Growing inflows into ETH, SOL, and possible now XRP, and mid-cap alts suggest capital rotation. * If BTC.D faces rejection from 66%, the market could enter a new altseason phase. * Macro tailwinds (e.g., easing monetary policy, risk-on sentiment) support altcoin performance in the medium term. **Philosophical or Narrative View:** BTC.D acts as a barometer of market risk preference. As confidence expands beyond Bitcoin, money flows into altcoins—like tributaries branching off the main river. The rejection from major confluences signals this psychological shift, marking phases of creative decentralization. **Related Reference Charts:** * TOTAL3 Fibonacci Setup (Altcoin market excluding BTC & ETH): * TOTAL2 Correction Probabilities: **Bias & Strategy Implication:** * **Primary Bias:** Bearish rejection from 66% followed by correction to 52% and potentially 38.88%. * **Alternative Scenario:** Brief breach above 66% before reversal. * Traders may consider rotating into altcoin exposure if BTC.D confirms reversal at the confluence zone. **Time Horizon:** * Mid to Long Term (1–6 months outlook) * Weekly timeframe tracking **Notes & Disclaimers:** * This analysis is for educational purposes. Market conditions may evolve rapidly. * Use proper risk management when acting on dominance signals.
CRYPTOCAP:BTC.DShort
by BitonGroup
PayPal: Rebound or Rerun?PayPal in 2025: A breakout with backbone or just another spineless fintech? PayPal is still in the rehabilitation ward after its fall from grace in 2021. Management drama, growth slowdown — the full fintech fatigue package. But something has shifted behind the scenes. A new CEO is cutting costs, AI integration is being whispered about, and earnings have started to surprise again. Wall Street pretends not to notice — but volume tells a different story. Technically, we’re looking at a well-formed inverse head and shoulders. The neckline stretches from $72.00 to $74.76, aligning with the 0.5 Fibonacci level. A confirmed breakout above this zone opens the path to a clear target at $93.66 — the 1.0 Fibonacci extension. Multiple EMA clusters and strong pattern symmetry reinforce the setup. But no fairy tales here: the real entry comes after a retest. Without confirmation, it’s just another pretty formation for chart enthusiasts.
NASDAQ:PYPLLong
by TotoshkaTrades
Could $COOKIEUSDT be heading to $0.60??BINANCE:COOKIEUSDT has been retracing for a while following massive bullish rally the previous month. It seems to have broken out of a bearish trendline after retesting a support zone twice and also putting a bullish divergence in the process. So lookout for a move to about $0.60 Be on the look out and expect minor retracements while at it, as there are some support and resistance zones it can bounce off from. These zones are already marked out in the setup. Kindly support this analysis to enable it reach to other people, and do comment your thoughts.
Long
by Kene247
Delta Air Lines: Potential BreakoutDelta Air Lines has squeezed into a tight range, and some traders may think it’s breaking out. The first pattern on today’s chart is the series of lower highs since May 13. DAL closed above that falling trend line last Friday, which could mean the resistance has been overcome. The move resulted in a bullish outside week, immediately after a bullish inside week. That’s potentially consistent with prices consolidating before moving again. Bollinger Band Width compression in the lower study may substantiate that view. (Notice the potential volatility squeeze taking shape.) Next, the airline held a 50 percent retracement of its surge between April 30 and May 12. Does that suggest movement is pointing higher? Finally, the 8-day exponential moving average (EMA) has stayed above the 21-day EMA. That may also be consistent with a short-term uptrend. Check out TradingView's The Leap competition sponsored by TradeStation. 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:DAL
by TradeStation
OP / USDT 4hr PUMP INCOMING? OP/USDT – 4H Chart Summary Market Structure: 4H Timeframe: - Price consolidating within a descending triangle/wedge pattern, indicating potential buildup before a breakout. - Lower Timeframes (1H and below): Bearish trend structure with lower highs and lows. - OBV (On-Balance Volume): Forming a wedge—suggesting accumulation or distribution phase nearing a breakout. Key Zones: Demand Zone (Support): - 0.5483 – 0.6351 This area has provided strong support historically. A clean break below could signal continuation of the larger downtrend. Supply Zone (Resistance): - 0.9068 – 1.0414 -Historically rejected price; high probability of reversal or consolidation if revisited. Fair Value Gaps (FVG): - FVG 1: 0.6659 – 0.6838 - FVG 2: 0.7024 – 0.7308 These inefficiency zones are likely to attract price if bullish momentum builds. Watch for potential short-term rejection or continuation setups here. Volume Profile: Strongest volume node (high liquidity zone) sits between 0.7470 – 0.8000 Suggests this area has been heavily traded and may act as magnet/resistance if approached again. Fibonacci Confluence: Previous swing high at 0.8232 aligns with the 0.618–0.65 golden pocket A critical zone for potential take-profit or trend reversal on a breakout. Scenarios: Bullish Case: If price holds above 0.6351 and bounces, look for: - Retest of FVG 1, followed by FVG 2. - Breakthrough of 0.7308 could target the golden pocket and swing high at 0.8232. - Sustained bullish move may reach the supply zone above 0.9068. Bearish Case: - Breakdown below 0.6351 and especially below 0.5483 would: - Invalidate the wedge support. - Confirm continuation of the macro downtrend. -Open room for new lows and bearish expansion. Conclusion: Price is at a key decision point inside a wedge. Reaction at 0.6351 is critical—support bounce targets higher inefficiencies; breakdown signals deeper bearish continuation. OBV and volume structure suggest an imminent volatility spike—prepare for a breakout.
Long
by King_BennyBag
6
Triangle Breakout Brewing in TCS?After completing a sharp five-wave rally that ended near 4592, TCS entered a classic zigzag correction. The drop from the top formed an A-B-C pattern where Wave A brought prices to 3913, followed by a corrective bounce to 4489 for Wave B, and then a strong decline to 3056 completing Wave C. This entire move looks like a textbook zigzag correction and marks a potential end to the correction. From the low of 3056, the stock started to recover and formed a five-wave advance, which has been marked as a smaller-degree Wave 1. What followed next is quite interesting — instead of a typical zigzag or flat for Wave 2, price moved sideways and carved out a triangle. This triangle seems to have completed with Wave E ending around 3358. Now, with the triangle complete and prices starting to move up again, it looks like Wave 3 might have just kicked off. The key level to watch on the upside is around 3642, which is the 0.382 retracement of the previous fall. If price crosses this, it would increase confidence in the bullish structure. The projected target zone for Wave 3 lies between 3933 and 4288, depending on how strong the move gets. The entire setup remains valid as long as price stays above the 3056 low. If that breaks, the bullish count is off the table. Chart will be updated as price action evolves. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TCSLong
by VeerappaKaujageri