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Fibonnacci

$TSLA Re-entering the $400 rangeFig. 1 displays a potential re-entry of NASDAQ:TSLA (Tesla Inc.) into the range of $400-588 as our target. This analysis is based on a slight confirmation of the Fibonacci guide .618 ratio (indicated in green) as observed in late April this year. There is room for future confirmation if the price recedes below the moving average cross (MA cross) Fig. 2 . [ Fig. 3 ] We can anticipate a slight downturn in the price of NASDAQ:TSLA , from its current level of $259, towards or below the moving averages indicated by the cyan and blue indicators. This potential dip is expected to be followed by an upward rebound, leading to a re-test of Zone 1 .
NASDAQ:TSLALong
by NorthernEdgeGroup
3
NAS100 Retracement Set? 05.10.2023The index has been surging yesterday after the market opening. A reversal actually formed as the price reversed crossing the MA on its way up and now a retracement is likely to happen with target level as per the Fibo tool. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Tenancy 10, Marina House, Eden Island, Mahe. Payment transactions are managed by BDS Markets (Registration number: 143350).
PEPPERSTONE:NAS100Short
by Stuart_Cowell
1
Bluzelle ... The End of the Party A quick look at the look at the price action history of Bluzelle suggests that the impressive run up since midsummer has come to end ... but I've been wrong before, so I welcome your tough questions. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right? As always, I strive to render these ideas of mine so obviously that their explanation will require no words, and this forecast is no exception. Although my trading tactics - including the beauty of Tradingview and how it makes me look good - are based on identifying the opportunities within VOLUME, VOLATILITY and TREND EXHAUSTION. In this case, it is the last of those, TREND EXHAUSTION, that most indicates to me that a limit has been reached and price will fall. Furthermore, that limit has been reached BEFORE the obvious (highlighted) profit target. There are many techniques on display here, but the most important of these is the use of Euler's number as a ratio in the Andrews Pitchfork to time measure inflection points. This technique will appear again in my ideas and forthcoming videos. Now that I have enough followers to enable streaming, I will consider taking topic requests while I develop a programming schedule and make my first recordings. Until then, be liquid !!!
COINBASE:BLZUSDShort
by TheLeadingIndicator
9
NFLX Monthly Chart... 5 trading days to go before the close of the month... which means this last bearish candle that broke the current uptrend can still reverse... let's wait and see.. but currently it is quite bearish... adding the doji that occurred at the .618 Fibonacci retracement level (in red), the RSI not even reaching 60 before reversing and the MACD histogram starting to break down. Zoom out and NFLX is still on a major long term uptrend... even if the price would drop substantially.
NASDAQ:NFLXShort
by ChartsAvenue
The Factors That Could Drive Gold Prices This WeekGold prices are expected to remain volatile this week, as investors digest the latest economic data and central bank policy decisions. The US non-farm payrolls report on Friday will be a key event for gold prices, as it will provide an update on the state of the US labor market. Other key events to watch this week include the European Central Bank (ECB) policy meeting on Thursday and the US Federal Reserve (Fed) meeting on Wednesday. The ECB is expected to raise interest rates for the first time in 11 years, while the Fed is expected to keep rates unchanged. The price of gold is currently trading near the lower end of its recent trading range. A break below this level could trigger a sell-off, while a break above could lead to a rally. Therefore, could see gold revisit $1925. 1. US economic data: The US non-farm payrolls report, the ISM manufacturing PMI, and the ISM services PMI will be closely watched for any signs of economic weakness or strength. 2. Central bank policy decisions: The ECB and the Fed are both expected to make announcements on interest rates this week. Any hawkish or dovish surprises could have a significant impact on the price of gold. 3. Geopolitical developments: Any escalation in the Russia-Ukraine war or other geopolitical tensions could boost demand for gold as a safe haven asset.
OANDA:XAUUSDShort
by CandlesofKarma
NFLX setting up Fib retracement level bounce LONGNFLX up trended starting June 1st through an upper long term anchored VWAP to the next higher VWAP line coinciding with earnings. NFLX dropped after good earnings probably because investors expected even better. On the 30 minute chart, NFLX has more or less completed a 45-55% retracement of that trend up and is now sitting on the VWAP line that it crossed back in early June. Volumes are decent above their moving average. The zero-lag shows a line cross under the histogram which just converted to positive. I analyze this as suitable for a long entry targeting that higher VWAP band line at 495 with a stop loss at 415, the recent pivot low. I will take both a stock trade of 10 shares and a call option striking 475 expiring 8/18 NFLX calls have treated Nancy and Paul Pelosi quite well for a long period and I have enjoyed smaller profits from smaller positions in the same time frame . This looks like another opportunity.
NASDAQ:NFLXLong
by AwesomeAvani
Thinking of Buying Gold - Long Position - Check out the entry So i have used fib levels to determine my buy setup for tomorrow. FVG is very much present below 1945 mark -Many people would be at 1945 mark with Sl of 1940 -1939, but look at my fib level. Buy from discount price which is 1937-1938 and aim for 1963 as TP2. It can go further , but with Friday being slow and weird, i would stay out if i reached my target of 1963. My chart is very self explanatory for those who have basic knowledge. Let me know your thoughts
FXOPEN:XAUUSDLong
by Subliminalroots
2
ETH/USDT 1H Interval ReviewHello everyone, let's look at the ETH to USDT chart on a one hour timeframe. As you can see, the price is moving above the local uptrend line. After unfolding the Fib Retracement grid, we see that the first support is at $1853, the second at $1848, the third at $1844 and the fourth at $1837. Now let's move on to the resistances, first there is the resistance zone where the price is from $1855 to $1857, then resistance at $1860, third resistance at $1863, then fourth resistance at $1868. The CHOp index indicates that there is still energy to move, the RSI moves around the middle of the range, while the STOCH index indicates that there is room for the price to go a little higher.
by cryptodailyuk
1
EURCAD SHORT/SELL 🔰 Pair Name : EUR/CAD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SHORT/SELL 📈 EURCAD Technical Analysis Update 📉 Greetings, fellow traders! 🤝 Today, we delve into the technical aspects of EURCAD on the TradingView chart. Over the past year, EURCAD has been maintaining a monthly uptrend since July 2022. However, starting from April 2023, the pair reached its 5th wave high and has since been exhibiting signs of a shift towards the downside. Notably, during the period between mid-June and mid-July, EURCAD successfully retested the 23.6% Fibonacci level following a robust daily breakout, creating a notable market imbalance below. At the onset of this week, the price demonstrated fresh key highs and formed two compelling daily bearish pin bars after filling approximately 50% of the market imbalance above. In our professional assessment, it is highly likely that the price will embark on a downward journey to retest the market imbalance left below, aiming to reach the 1.442 level. This move could potentially lead to a decisive breakout of the current uptrend channel. Our vision for EURCAD entails a minimum target of 1.442, followed by 1.43242, as it progresses through the selling liquidity collection phase. Keep a vigilant watch on the evolving price action, and may the markets favor your trading endeavors! 🌟 #EURCAD #TechnicalAnalysis #ForexTradingView
Long
by Moon_SmartMoney
Bitcoin (BTC) in 2023: Transitioning into a Bull Cycle High-Level Overview: As we progress through 2023, it appears that Bitcoin (BTC) has transitioned into a cycle impulse wave, a bull run in a five-wave structure, from the bottom of the recent bear market. Within this cycle impulse wave, we are currently in the first primary wave, which is projected to climb up to the 39-40k range. However, this upward trajectory is not without potential roadblocks. Following this initial surge, we can expect a primary Wave 2 correction that could pull BTC down to the 22-24k range by the end of the year. Short-Term Details: Drilling down further into the structure of this first primary impulse wave, we are currently in the intermediate Wave 5. This wave could potentially drive BTC's value up to the 39-40k mark by the end of September. As part of this intermediate wave 5, we are presently in a minor Wave 2 correction. This correction phase may see BTC's price finding support at the 28-29k level. Following this correction, we anticipate a strong minor impulse Wave 3, potentially pushing BTC up to the 1.618 Fibonacci level, which equates to around 36k. Subsequent to Wave 3, minor Wave 4 is predicted to retrace but should not drop below the top of Wave 1, thereby maintaining a support level of over 31.5k. Finally, after this minor Wave 4 correction, we should see the final push of minor Wave 5. This final wave within the intermediate wave sequence could see BTC hitting the 39-40k target. --- Disclaimer: This analysis uses the Elliott Wave Theory, volume profile, and Fibonacci retracement levels for technical analysis. However, financial markets are inherently unpredictable and influenced by numerous factors. This forecast is not financial advice but an interpretation of potential market movements. Always conduct your own research and consider your risk tolerance when making investment decisions. Please keep in mind that the Elliott Wave Theory is highly subjective and open to interpretation. In addition, real-world markets are rarely as neat and predictable as theoretical models, so anomalies and irregular patterns do happen.
BITSTAMP:BTCUSDLong
by HedgeMode
2