Get started

Fibonacci Retracement

GOLD → Retest 4060 within the range. What are the expectations?FX:XAUUSD is forming a correction from the Asian session, with the price testing the important 4060 zone ahead of two key events: US inflation data (CPI) and the results of US-China trade negotiations. Key factors: US inflation (CPI): Low data will support gold (expectations of two cuts in 2024), but high figures will strengthen the USD and weaken gold (rates for a rate cut in December will decline). Progress in negotiations between China and the US could weaken gold, while failure would bring back demand for safe havens. US sanctions against Russian oil are supporting oil prices and inflation expectations. Gold is in wait-and-see mode. Growth is likely with weak CPI or a failure of negotiations. Strong CPI and progress in trade will reinforce the correction. The mood remains cautious ahead of events. Resistance levels: 4090, 4150, 4163 Support levels: 4060, 4002 The important zone of 4060 - gold is forming a false breakdown. If the bulls hold their defense above this zone, it could trigger growth towards the resistance of the range. Otherwise, we can expect a retest of 4000K, and the reaction should be aggressive... Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
12
BITCOIN → Trend support broken. Consolidation...BINANCE:BTCUSDT.P is consolidating below the previously broken uptrend line. There are no clear signs of the correction ending or the presence of a strong bullish player. A retest of resistance is forming... Bitcoin is forming a trading range of 111650 - 107377 (106270). There is no clear bullish pattern at the moment, and we are seeing a correction to resistance before a possible decline to the liquidity pool of 106270, which is formed by consolidation and a retest phase. There are two key zones ahead: 111650 and 113600. Resistance at 111650 has been confirmed, but if this zone does not hold the price, it will be necessary to monitor the upper boundary. A false breakout could trigger a pullback. The cryptocurrency market currently looks somewhat weak due to the phase of uncertainty and doubts about policy. Resistance levels: 111650, 113600 Support levels: 108650, 107375, 106270 Market behavior indicates that a consolidation phase is currently developing within the local downtrend. A breakout of 113K and consolidation above 113500 could confirm a trend reversal, but there are no such signals at the moment. I consider a pullback to the zone of interest from resistance to be a priority. Best regards, R. Linda!
Short
by RLinda
10
NASDAQ: ALAB — Holding the Golden Zone After a Parabolic DropALAB shows a structure similar to RDDT(see my previous idea) — a newly listed growth stock that gained strong momentum after breaking above its weekly SMA 20 in mid-May.
 After reaching an all-time high, the stock started to pull back in late September. Recently, a sharp parabolic drop drove the price down toward a confluence of supports: * the previous swing low around $160(red dotted line), * the weekly SMA 20 (purple), * and the Fibonacci 0.618 retracement level of the recent rally. This week’s candle closed bullishly, reclaiming the $160 area and confirming strong demand at this golden zone. The sharp sell-off likely flushed out retail stop orders, providing the base for a potential next leg up. Overall, this area offers an attractive risk-to-reward setup, with technical supports aligning across multiple timeframes.
NASDAQ:ALABLong
by qhinvestment
ETH/USDT 4H CHART REVIEW🔍 Overall market structure • Ethereum is moving in a descending triangle/converging channel (yellow trend lines). • The upper trend line acts as strong resistance (~$4,000-$4,150). • The lower trend line (rising) provides key support around ~$3,730-$3,750. ⸻ 📊 Key levels Resistances: • $3,875 – local resistance, where the price rebounded several times. • $3,990 – another resistance resulting from the yellow trend line. • $4,143 – main resistance in the breakout zone of the formation (potential target after breaking the downtrend). Support: • $3,808 – short-term support. • $3,733 – important level within the formation (lower yellow trendline). • $3,637 – strong support that should not be broken while maintaining bullish sentiment. ⸻ 📈 Indicators MACD: • MACD and signal lines are close to each other - no clear momentum. • Histogram decreases → possible short-term weakness or consolidation. RSI: • RSI indicator around 45–50 → neutral, with no clear advantage of buyers or sellers. • No divergence, but potential for a rebound if RSI drops to ~40 and rebounds.
by cryptodailyuk
GOLD → Fundamental background boosts interest FX:XAUUSD is recovering after a correction, trading in the range of 4060-4120 amid geopolitical tensions and risks of an escalating trade war. Key supporting factors: New threats from the US against China, which is responding with additional measures. Trump imposed sanctions against Russian oil companies, accusing Moscow of lack of progress on Ukraine. US inflation data (CPI) on Friday may cause volatility, although the Fed's rate cut next week is likely already priced in. The meeting between Trump and Xi Jinping next week remains uncertain. Gold remains a safe haven, but near-term dynamics depend on the balance between dollar strength and geopolitical risks. Resistance levels: 4116, 4163, 4200 Support levels: 4082, 4060, 4002 A retest of support at 4082-4060, as well as a breakout of resistance at 4116, could trigger a bullish reaction—a rise to the resistance level or imbalance zones. Against the backdrop of the escalating trade war, gold is becoming attractive again. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
19
EURCAD → Retest of liquidity pool before growth FX:EURCAD is forming a correction to the key liquidity zone amid a global and fairly strong bullish trend. Will the bulls enter the game in the 1.6173 zone? The euro is forming a correction to the strong support zone of 1.16, which is provoking a decline in the currency pair. The key area that the currency pair is striving for is 1.6173. The trend is bullish. A reaction from the bulls is possible... A false breakout of resistance is forming a correction. However, the price is still within the trading range of 1.64 - 1.6173. The price is heading towards support for a retest, and the indicated zone is likely to stop the correction... Resistance levels: 1.633, 1.64 Support levels: 1.6173, 1.603 A liquidity pool below 1.62 - 1.617 could change the game in favor of buyers. Remember, the trend is bullish, and this will be a clear advantage for players. A false breakdown of support and the absence of a downward momentum could trigger growth. Best regards, R. Linda!
Long
by RLinda
7
GOLD → Correction after aggressive growthFX:XAUUSD is in a correction phase after a month and a half of aggressive growth. The price is forming a trading range and continues to storm support... The record growth was overheated, and traders are closing long positions. A gradual change in the fundamental background and market sentiment is also provoking an outflow of funds. However, US-China negotiations, the ongoing US shutdown, and the tense geopolitical situation, including the cancellation of Trump's meeting with Putin, create additional risks in the economy, which may support the metal. The correction in gold looks like a healthy pause. The $4,000 level remains key support. A recovery above $4100 indicates continued buyer interest, but further dynamics depend on news about trade negotiations. Resistance levels: 4082, 4107, 4163 Support levels: 4059, 4000 A breakdown of the trading range support could trigger further sell-offs. Focus on 4000K, aggressive reaction possible. At the moment, the market is falling as aggressively as it rose. We need to wait for the price to slow down in order to make reasonable technical decisions. Best regards, R. Linda!
FX:XAUUSD
by RLinda
19
BITCOIN → Trend reversal. Is there a chance for growth?BINANCE:BTCUSDT.P is breaking the trend and local market structure, forming a rally. Giving hope to buyers, we see a strong reaction from the Asian session. Are the bulls returning? The fundamental background is unstable; if Trump continues to escalate the trade war, the cryptocurrency market may close within the range. However, technically, we have positive signs of a bull market. BTC is breaking through the resistance level of 107,350 and entering a rally, which only confirms the change in trend and the breakdown of the structure. Since the Asian session, the price has strengthened by 3%, and a retest of the nearest strong resistance at 112K-113.6K could lead to a pullback before growth. Globally, there is bearish pressure, but if the bulls can hold their defense above 110K, then in the medium term, the market will be able to fight for the 115K-120K zone. Resistance levels: 111960, 113600, 115730 Support levels: 109700, 109200 In the short term, I expect a false breakout of the specified resistance and a correction of 1/2 of the local impulse, i.e., a retest of the 110K - 109200 support zone, which, in turn, could lead to another bullish run to 115K - 120K. Best regards, R. Linda!
Long
by RLinda
14
ETHEREUM → Manipulation before a possible fall BINANCE:ETHUSDT , as part of manipulation and updating the local maximum to 4108, confirms strong resistance, forms a false breakout, and falls, testing key support. Bitcoin, as part of yesterday's rally in the US trading session, is trying to turn the tide, but after encountering resistance at 113600, it forms a false breakout and sells off all the growth, which is generally a signal of readiness for a decline. This could have a negative impact on the entire market... Ethereum is testing support - trigger 3822.5. After a sharp drop, there is no rebound, which indicates buyer weakness. Consolidation is forming near support, which only reinforces the pre-breakdown potential. Resistance levels: 3963, 4030, 4090 Support levels: 3822, 3660, 3366 The classic implementation of the “liquidity hunt” scenario led to a rally to resistance, and a false breakout at 4090 led to heavy selling. As part of the current consolidation, the market is reducing volatility ahead of support, which only increases the chances of a breakdown. A close below 3822 could trigger a further decline. Key liquidity zones are 3658 - 3366. Best regards, R. Linda!
Short
by RLinda
9
BTC/USDT Short-Term 4H Review Chart🧩 Market Structure After a strong decline, the price has rebounded, creating a local uptrend (marked with the orange trend line). The price has currently broken through the uptrend from below, which is the first sign of bullish weakening. The current candle is testing this line from below—a classic trendline retracement (potential pullback). 📉 Support and Resistance Levels From the chart: Resistance (green lines): 113.868 USDT — key high. 111.240 USDT — strong resistance (previous local high). 109.133 USDT — currently being tested from below (confluence with the trendline). Support (red lines): 107.524 USDT — first support. 105.253 USDT — lower support, a boundary for maintaining the higher low structure. 103,582 USDT — key support, below which the upward structure will be negated. 🔍 Volume Increasing volume is visible on the red candles — selling dominated the trend breakout. The last green candle has a large lower wick and slightly higher volume — a signal of a possible defensive reaction from the bulls, but without confirmation of continuation. 📊 Stochastic RSI (oscillator) Located in the oversold zone (around 20). The %K line is starting to curve slightly upward — it could signal a short-term rebound, but until there's a crossover and confirmation, this is only an early signal. 📈 Scenarios ✅ Bullish: If BTC rebounds and closes the candle above 109,100 USDT, it will be a false breakout of the trend and a possible upward move towards 111,200–113,800 USDT. Support to be maintained: 107,500 USDT. ❌ Bearish: If the price remains below the trendline and 109,000 USDT, and then breaks above 107,500 USDT, the path opens to: 105,200 USDT, and then 103,500 USDT (strong support and potential buy zone). ⚙️ Summary Short-term trend: neutral → slightly downward (after the trendline breakout). Key level to watch: 109,100 USDT (retest trendline). Potential support: 107,500 → 105,200 → 103,500. Momentum (Stoch RSI): A bullish rebound is possible, but confirmation is lacking.
by cryptodailyuk
GOLD → The correction forms a trading range. Growth?FX:XAUUSD is adjusting to $4250 after retesting the all-time high of 4380. Short-term pressure is linked to hopes for an easing of the trade war between the US and China, but the bullish trend remains intact. Key factors: Bentsen's meeting with the Chinese Vice Premier this week has revived optimism for a deal. The reduction in trade risks is temporarily supporting the USD. Hassett's statements about the imminent resumption of government work have reinforced risk-on sentiment. Support for gold: The threat of tariffs rising to 155% from November 1 reminds us of the risks. Two rate cuts before the end of the year remain in focus. Friday's inflation data release and US corporate earnings reports are keeping demand for hedging alive. Accordingly, the correction in gold is a temporary pause. The uptrend will remain unchanged as long as macro uncertainty persists. Support levels: 4250, 4218 Resistance levels: 4278, 4316 Within the bullish trend, the price is forming a trading range. A retest of support could end in a recovery, with the fundamental background favoring the bulls. A retest of 4245 could trigger growth, as could a breakout of 4278 (closing above resistance). Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
16
USDCAD → Attempt to break through resistance to continue growth FX:USDCAD is attempting to break through consolidation resistance within an uptrend. Growth in the dollar index may support the current trend. The dollar is rising. The currency pair is consolidating ahead of resistance at 1.40600, against which it is attempting to break through in order to continue growing. The growth may continue if the current fundamental background remains unchanged. Consolidation may support further growth. A breakout and closing above 1.4060 will confirm the bullish sentiment and, in turn, may trigger a distribution to 1.411 - 1.415. Resistance levels: 1.4060 Support levels: 1.4028, 1.4005 The trend is bullish, with virtually no pullback after the growth, only consolidation, which is technically a positive sign. A breakout of the specified consolidation resistance could trigger distribution to areas of interest. Best regards, R. Linda!
Long
by RLinda
7
GOLD → Consolidation. 4269 - trigger. Chances for growth?Gold is consolidating due to uncertainty. On Friday, the market broke its local structure, which slightly changed sentiment. Focus on current consolidation. Key drivers of the week: Trump's threat to impose 100% tariffs on Chinese imports and China's response supported demand for safe havens. Problems with regional banks (Zions, Western Alliance) and the fall in Treasury bond yields below 4% increased the inflow into gold. Powell maintained a neutral tone, but markets are expecting two rate cuts in 2024. All eyes are on inflation data, US-China negotiations, developments between Russia, the US, and China; any de-escalation of the situation could trigger a correction. Technically, the upward trend in gold remains relevant. Corrections will be bought up as long as uncertainty surrounding trade policy, the banking sector, and the Fed's monetary policy persists. Resistance levels: 4269, 4316 Support levels: 4251, 4218 At the moment, a pre-breakout base is forming around 4269. If the structure remains intact and the price continues to attack resistance, the chances of a breakout and growth will be high. Otherwise, a close below 4251 could trigger a retest of 4218. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
16
BNB/USDT 1D chart review📊 1️⃣ General context • BNB price is approximately USDT 1,100, after correction approximately -0.85%. • It is clear that the market is in a corrective phase after a strong increase - recent highs reached ~1,340 USDT. • Currently, the rate is balancing between support ~1069 USDT and resistance ~1149 USDT. ⸻ 🟢 2️⃣ Supports and resistances (key levels) • Closest support: 🔸 1069 USDT (short term, red line) 🔸 985 USDT – stronger support (previously tested, below EMA 50) 🔸 884 USDT – strong long-term support (potential correction low) • Resistances: 🔹 1149 USDT – first level to break 🔹 1226 USDT – important daily resistance 🔹 1344 USDT – main peak, border of the previous impulse ⸻ 📈 3️⃣ Moving Averages (SMA/EMA 50/200) • We see the yellow EMA 50 line and the green SMA 200 line crossed (EMA Cross 50/200). 👉 This is a golden cross - a medium-term growth signal. • Currently, however, the price has fallen below EMA 50, which means supply pressure in the short term. • As long as it stays above the 200 SMA (~1060-1070), the macro trend remains bullish. ⸻ 📉 4️⃣ MACD • The histogram is red and decreasing - this confirms that the downward momentum continues but may be weakening. • The MACD line (blue) is approaching the signal line (orange), which may indicate an impending bounce. ⸻ 🪫 5️⃣ RSI • RSI is around 40-45, which is close to the oversold zone. • This suggests that sellers may be losing strength and a technical rebound may occur soon.
by cryptodailyuk
9D Timeframe Analysis using Ichimoku Cloud / Fib/ ICT Price Action: The candle is pushing north and attempting to turn into a green candle. If the candle successfully turns green and creates a big long wick. The candle can be the support candle for this bullish. The candle won't be closed until this Friday night. Since the candle already discovered the south side and created long wicks. If the candle turns green we will experience the new discovery price on the north side. Ichimoku Cloud: The price is currently trading above the Kijun-Sen ($109,454.3). If the price continues trading above this level. The trend is validated by the Kijiun-Sen. The Kijun-Sen sometimes plays a role such as a healthy pull back point where you can enter for a long position or a confirmation of a trend. The prices usually pulled back to this line after all time high. Price usually consolidated between (above/below) the lines before the pump in a bull market. The Kijin-Sen is also pushing upward which is a bullish sign but the Tenkan-Sen is flattened out. When the Tenkan-Sen is flat out, the price tends to trade sideways or we can say that the momentum has reduced. Cloud A is still shifting upward while Cloud B has flatted. Cloud A shifting upward means the momentum is still there but the current momentum which is the Tenkan-sen is flat. Fibonacci: I drawed a fibonacci from $126208.5 to $101.516.5. The all time high point to the 20 billions liquidated event in crypto space. 1 candle made all time high and 1 candle flash crashed to the fair value gap. With the fibonacci, the 0.618 and 0.65 are showing $116,776.2 and $117,566.3. If the low range fib is the bottom then the price has to retrace back to 0.618 in others to continue the massive sell off. So this is playing a key level on the bears for short. Fair Value Gaps (FVGs): There is a fair value gap when I draw a fip from the previous low in April to the all time high end of September. There is a fair value gap at the 0.65 fib level. Which shows that if the price is retraced back to that level. We are sill in the up trend in favor of the bull Cipher B: The vwap is trading below money flow and momentum. The Money flow has flatted out while momentum is going down. This is not a good sign because the vwap is pointing south and trading below moneyflow which could lead to the consolidation. The consolidation is not always bad but shows that the trend is cooling down. Key Levels: 0.618 from bull and bear. If the price is dropped to the fair value gap which is $94.226.1. The actual fair value gap at 0.65 not 0.618 but those levels go together. We will call 126208.5 the top. But if the price is defense above the Kinjun-Sen and does not retrace at the 0.618 from the high to the wick then we are not at the top yet. Outlook: The change in Tenkan-Sen and Kijun-Sen. The shift of direction in those will be first noticed before anything other factors. Also price trading above/below/between those levels as well.
by EagleVentureTrading_VN
$BTC Bulls Fight Back With Weekly CloseNot sure how I continue to amaze myself, but I do 🤓 Notice how those MMs respected my DANGER ZONE POI to the dollar? Thankfully CRYPTOCAP:BTC did not close the Week outside the DZ. The battle between Bulls and Bears is FIERCE 🔥 Bulls cannot afford another blue weekly close. If so, the 50WMA retest ~102k will be inevitable. Bulls need to reclaim and close this upcoming week above the 20WMA and .236 Fib A close ~$116k would be super bullish. That should be enough ammo to spark the long awaited parabola that UpTober has historically brought us.
INDEX:BTCUSD
by jonnieking
XAUUSD: Accumulation Within Price Channel XAUUSD: Accumulation Within Price Channel - Scalping Strategy Awaiting New Wave Hello traders community, XAUUSD (Gold) is expected to move sideways today, with accumulation being the main theme. Although the long-term upward pressure remains intact, in the short term, the market needs a "breather" and to accumulate more liquidity before it can break out strongly. 📰 Macro Analysis & Cash Flow Fundamental factors continue to provide a solid "support floor" for Gold prices: Safe Haven Flows: Ongoing trade uncertainties and geopolitical tensions show no signs of cooling down, continuing to favor safe-haven assets like Gold. Weak USD: Expectations of an early Fed rate cut, combined with the risk of a US government shutdown, are weakening the USD and indirectly supporting XAUUSD. Conclusion: The foundation for an upward trend remains very solid. Sideways movements or short-term corrections should be seen as opportunities. 📊 Technical Analysis On the H1 chart, we clearly see Gold moving within a "Corrective Ascending Channel." This is a typical accumulation pattern. Resistance Zone ("SELL LIQUIDITY POC"): The $4340 - $4342 zone is an extremely important resistance area. This is the confluence of the upper edge of the price channel and the Point of Control (POC) for Sellers. Profit-taking and short-selling pressure will be strong here. Support Zone ("Buy scalping"): The $4207 - $4209 zone is the underlying structural support, corresponding to the lower edge of the price channel. This is where Buyers can step in to "Buy the dip." Current Status: The price is "compressed" within this range, creating excellent short-term trading opportunities. 🎯 Intraday Trading Plan (Scalping) With sideways movement being the main scenario, the optimal strategy is short-term trading (scalping) at the two edges of the price channel. Scenario 1: Short Selling (Sell) 📉 Entry: $4340 - $4342 (SL): $4350 (TP): $4320 - $4302 - $4288 - $4260 - $4242 Scenario 2: Short Buying (Buy) 📈 Entry: $4207 - $4209 (SL): $4200 (TP): $4233 - $4250 - $4275 - $4290 Summary Today is an ideal day for scalpers. Prioritize short-term trades within the $4207 - $4342 range. A strong breakout beyond one of the two edges of this price channel will be a confirmation signal for the next trend. Always manage your capital tightly and trade with discipline!
OANDA:XAUUSDLong
by Steven-GoldTrading
BTC/USD 4H chart reviewBitcoin is currently trading around $109,000, a rebound after falling. An attempt to break the short-term downtrend is visible (yellow SMA line 1). The previous lows were around USD 104,500 - 105,000, and the current candle is trying to break the local resistance around USD 109,000 - 110,000. ⸻ 📊 2. Moving Averages (SMA / EMA) You have several averages on the chart: • The yellow line (SMA #1) – the short-term average, currently slightly sloping downwards, but the price is just breaking it from below – is the first sign of a change in momentum. • Red line (EMA Cross 50/200) – it looks like the 50 EMA is below the 200 EMA, confirming the downtrend in the broader picture. • Blue and green zones (EMA/SMA of higher intervals) – show strong resistance zones: • $112,592 • $115,674 → These are targets for a potential upside rally if the 109k breakout holds. ⸻ 💹 3. MACD • The MACD line crossed the signal line from below → it is a buy signal (bullish crossover). • The histogram increases above zero, which confirms the upward momentum. ➡️ MACD confirms that the upward correction continues, but we do not have a full upward trend yet. ⸻ 📈 4. RSI • RSI is around 55-60, i.e. neutral and upward. • It was previously in the oversold zone (around 30), so the current rebound is a healthy reaction. ➡️ No overbought yet, so there is room for further upward movement. ⸻ 🧱 5. Key technical levels. Level Support 1 $106,550 local support after rebound Support 2 $104,550 strong bottom from the previous move Support 3 $101,700 the last bastion of buyers Resistance 1 $109,000-$110,000 currently tested level Resistance 2 $112,600 another growth target Resistance 3 $115,700 EMA200 key barrier – trend change if it breaks
COINBASE:BTCUSD
by cryptodailyuk
GOLD - BEARS PREPARING FOR THE NEXT MOVEGold has reached a strong resistance level around 4,380 and is currently showing signs of a pullback. After nine consecutive weeks of gains without a single red candle—a rare occurrence in gold’s history—market participants should anticipate a potential correction phase. The 4,305–4,337 zone will be a key area to watch for a possible retest before the next move lower. If price fails to break above that zone, the downside targets remain at 4,110 and 4,040. Overall bias stays bearish as long as gold trades below 4,380.
PEPPERSTONE:XAUUSDShort
by sherrynjoto