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Fibonacci Retracement

GOLD → Readiness to test the local bottomFX:XAUUSD is under pressure from the rising dollar and uncertainty, breaking through support levels, which opens up a corridor for the market to fall to 3255 - 3246 The price of gold is consolidating around $3300 after falling more than 1% amid expectations of the Fed minutes and news about tariffs. Investors remain cautious: the dollar is supported by hopes for US trade deals, while the threat of new tariffs from August 1 is holding back gold's growth. Weak inflation data in China did not support the metal, while expectations that the Fed will not rush to cut rates due to inflationary pressure from tariffs are also limiting interest in gold. Traders are waiting for the Fed minutes and new statements from Trump to determine the further direction. Technically, the market looks weak (on D1, the price closed below the key level of 3300 on Tuesday) and there is a chance of a further decline. Resistance levels: 3300, 3311 Support levels: 3295, 3255, 3246 Consolidation below 3295-3300 could trigger a further decline to 3255, from which the market could react with a correction. Buying can be considered if gold reverses the short scenario, manages to strengthen to 3311, and consolidates above this level. At the moment, the price is in the selling zone... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
14
GOLD → Correction for confirmation before growthFX:XAUUSD is recovering due to increased demand as a safe-haven asset. After breaking through local trend resistance, an upward channel is beginning to form on the chart. On Monday, gold tested the 3295-3300 zone (liquidity zone) and, against the backdrop of incoming economic data, is buying back the decline, forming a rather interesting pattern that could lead to continued growth, but there is a but! Investors are reacting to President Trump's threats to impose tariffs on imports from a dozen countries starting August 1. In addition, the main question is the Fed's interest rate decision. The regulator is likely to leave the rate unchanged due to inflation risks. Uncertainty surrounding tariffs is supporting interest in gold as a safe-haven asset. The market is awaiting further news and the publication of the Fed minutes on Wednesday. Resistance levels: 3345, 3357, 3396 Support levels: 3320, 3311, 3295 A correction to support is forming. If the bulls hold their ground within the upward channel and above the key areas of interest, the focus will shift to 3345, a resistance level that could hold the market back from a possible rise. A breakout of this zone would trigger a rise to 3357-3396. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
22
BITCOIN → Market manipulation. Chance for growth to 110KBINANCE:BTCUSDT , as part of a correction triggered by negative news from the US regarding tariffs, is testing liquidity in the support zone. There is a chance of recovery to 110K. Bitcoin is reacting with a decline to fundamentally negative data on tariffs from Trump. Technically, the price is facing support and forming a false breakdown, the purpose of which was to capture liquidity. This could lead to a recovery within consolidation in an uptrend, but again, there are conditions... Countries that have received notification of tariffs are responding positively to cooperation (if this trend continues, Bitcoin could receive a local bullish driver). The market perceives this as positive, and after liquidity is captured, the price could recover to the resistance of the trading range. Resistance levels: 108230, 109690 Support levels: 107500, 106500 Bulls are trying to hold the local interim bottom at 107500. There is a reaction to the false breakdown of support. The focus is on 108230; if the market can break through this level, we will have a chance to grow to 110K. Best regards, R. Linda!
Long
by RLinda
14
EURUSD → Bullish daily structure. Correction before growthFX:EURUSD , after significant growth and a break of structure, has entered a local correction, the target of which may be a phase of accumulation of potential for updating intermediate highs (1.183). The daily market model is bullish. A break of the structure has formed on D1, and the market is entering a correction phase, during which it may be interested in testing 0.5 or the 0.7 Fibonacci area before continuing its growth. I would also like to draw attention to the previously broken resistance level of 1.164 - 1.163, which, within the current correction, may act as a support level for buyers... In addition, the market has not yet reached the liquidity level it was heading for during the correction for a possible continuation of growth. Zone of interest: 1.168, 1.164, 1.159 Resistance levels: 1.1728, 1.1766 Support levels: 1.168, 1.164, 1.159 A false breakdown of the specified support zone could change the market imbalance and attract buyer interest, which could generally support the bullish trend. Best regards, R. Linda!
Long
by RLinda
4
AUDUSD 4H: Sell Zone Confirmed📉 AUDUSD Analysis – Current Trend & Trade Opportunity Hello Traders, I’ve prepared an updated analysis for the AUDUSD pair. At the moment, AUDUSD has shifted out of its previous bullish structure and has now entered a bearish trend. Based on this shift, I’m planning to enter a limit sell trade at the level shared below: 🔹 Limit Sell Entry: 0.65232 🔹 Stop Loss: 0.65576 🔹 Targets: • TP1: 0.64591 • TP2: 0.64591 • TP3: 0.63738 🔸 Risk/Reward Ratio: 4.27 Considering the trend reversal, I’m looking to open a position from these levels. I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
Short
by TraderTilki
1
30M Insight: EURUSD Buy Limit ReadyGood Mornıng Traders;☀️ Based on a 30-minute analysis, I’ve identified a shift in EURUSD market structure. I’ll be waiting for price to reach my level with a buy limit order. 📥 BUY LIMIT ORDER: 1.17180 🛑 STOP LOSS: 1.16946 🎯 TP1: 1.17275 🎯 TP2: 1.17412 🎯 TP3: 1.17649 📊 Risk / Reward Ratio: 2.00 Patience meets precision. Let the market come to you. 🧠 Master your mindset with iron discipline. Never fear the trade—let the trade fear you. Keep your motivation high and your focus sharper than ever. ----- Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
Long
by TraderTilki
ETH/USDT 1W Chart📊 Trend structure (Price Action) Downtrend (historical): A series of Lower Highs (LH) and Lower Lows (LL) — a classic downtrend. Confirmed by the orange downtrend line. A change in structure — a possible beginning of an uptrend: A Higher Low (HL) has recently been formed after a Lower Low (LL). Suggests a possible end to the downtrend and an attempt to break out upwards. Currently: The price is testing the upper downtrend line. A breakout above the orange line may confirm a trend change. 🟢 Key Resistance Levels (Green Lines): Level Meaning 3.058 USDT Potential target after a breakout from consolidation 2.767 USDT Nearest strong resistance - currently being tested 3.427 USDT Deep resistance level from the previous high (HH) 🔴 Key Support Levels (Red Lines): Level Meaning 2.234 USDT Nearest support - previous breakout 1.883 USDT Early 2023 support 1.507 USDT Local bottom 1.204 USDT Historical support - LL extreme 📉 Stochastic RSI (Momentum Indicator): Currently in the overbought zone. This may suggest a short-term correction before an actual breakout. However, in a strong uptrend, the indicator may "hang out" in the overbought zone for a long time. 📈 Potential scenario: If the breakout above 2.767 and the orange trendline holds: A possible move to 3.058 USDT as the first target. Extended target: 3.427 USDT (HH). If the breakout fails: Correction to 2.234 USDT or lower. There is a risk of returning to a downtrend. ✅ Bullish signals: Higher Low (HL) formation after Lower Low (LL). Testing the upper downtrend line with an attempt to breakout. Volume is increasing (based on candles). ⚠️ Bearish threats: Stochastic RSI in the overbought zone. Breakout not confirmed by 100% (needs a weekly closing candle above 2.767). Resistance at 3,058 could halt the move. 📌 Conclusion: Ethereum (ETH) could be on the cusp of a new uptrend, but a breakout above 2,767 USDT is needed for confirmation. If it does, a move to 3,058 and then 3,427 is possible. However, the current overbought level on the Stochastic RSI could signal a short-term correction before the trend gains strength.
by cryptodailyuk
Is the Trend Intact? Key Signal Emerging on GER40 4H ChartHey Guys, We could see a pullback on the GER40 index from the 24,060 level. If that happens, the 23,824 – 23,675 zone could present a potential buying opportunity. The primary trend still points upward, and bullish momentum remains intact. Also worth noting—the rise in volume is quite striking, which supports my target level of 24,500. I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses. I’m truly grateful for each of you—love to all my followers💙💙💙
PEPPERSTONE:GER40Long
by TraderTilki
2
LINK/USDT (Chainlink to Tether) from the 4H interval⚡️ Technical situation – quick overview ✅ Breakout from the descending channel (purple lines) ✅ Resistance zone 14.42 – currently being tested ✅ Target within the breakout range – around 17.73 USDT ⚠️ Stochastic RSI in the overbought zone – local correction possible 🟪 Descending channel – broken! The descending channel that has been in place since mid-May has been broken upwards. Such breakouts often signal a change in the local trend. Theoretical range of movement = channel height (~3.30 USDT) added to the breakout point (around 14.42) = ~17.73 USDT – perfectly aligned with your resistance level. 🟢 Key Resistance Levels (green): Level Meaning 14.42 USDT Current tested resistance – psychologically significant 15.65 USDT Local high + June price gap 17.73 USDT Potential target after a breakout – range from the formation 🔴 Support Levels (red): Level Meaning 12.73 USDT Support from the pre-breakout consolidation 11.91 USDT Key defensive level of the uptrend 11.07 / 10.12 USDT Historical support with strong demand reactions 📉 Stochastic RSI (oscillator): Currently deep in the overbought zone (above 80). This may indicate local exhaustion of momentum and a short correction before further upward movement. However: in strong trends, the RSI may remain high for an extended period – it does not automatically provide a sell signal. 📈 Bullish scenario: Retest of the 14.42 level as support → confirmation of the breakout Then a move towards: 15.65 – local stop 17.73 – final target from the channel breakout 🟩 Stop-loss: e.g., below 12.73 USDT (loss of key support) 📉 Bearish scenario: False breakout and decline below 14.42 Loss of the 12.73 level → possible quick decline to 11.91–11.07 🔴 In this case, a new swing low could open the way to 10.12 USDT. 📌 Summary: Element Rating Technical Pattern ✅ Breakout from a descending channel (bullish signal) Current Level ❗ Test of Key Resistance – Decision Point RSI (Momentum) ⚠️ Overbought – Correction Possible Upside Potential (Target) 📈 17.73 USDT Threat ❌ False breakout and return to below 12.73 USDT 🧠 My suggestion (not investment advice): Observe the price reaction at 14.42 – if it holds above and consolidation forms → a signal to continue. If the 4H/1D candle closes below, consider caution, as this could be a bull trap.
by cryptodailyuk
GOLD → Buyers are hesitant due to new tariffsFX:XAUUSD continues its correction phase after updating local highs and breaking through trend resistance. The dollar is making traders nervous... After rising 2% last week, gold started Monday with a decline to $3,300 amid a stronger dollar due to the risk of new tariffs from Trump, who sent letters to 12 countries threatening to impose duties of up to 70% if no agreements are reached by July 9. This boosted demand for the dollar as a safe-haven asset. Gold is also under pressure from strong US employment data, which has dampened expectations of a rate cut. The market is focused on news on tariffs and the publication of the Fed minutes on Wednesday, which may clarify the outlook for monetary policy. Technically, the correction may end in the 0.7 Fibonacci zone, in the range of 3295-3300. After the formation of a reversal pattern, the market may strengthen to 3350-3360. Resistance levels: 3315, 3344, 3358 Support levels: 3300, 3295 Locally, the price is trying to consolidate below the range, which could lead to a decline to 3300-3295. If, during the correction from support, the market manages to consolidate above 3315, we can expect growth. Otherwise, a weak reaction at 3295 could lead to a retest of 3275 and consolidation in the selling zone, which could lead to a further decline to 3245 . BUT! We are closely monitoring the position of the US and Trump on tariffs, as he is once again issuing ultimatums to countries, to which the markets are reacting... Best regards, R. Linda!
FX:XAUUSDShort
by RLinda
26
GBPUSD → Correction before the bullish trend continuesFX:GBPUSD is forming a trading range for consolidation of potential ahead of a possible continuation of growth as part of a countertrend correction. The dollar is trying to recover from its decline due to a local change in the fundamental background, but the global trend for the DXY is bearish. This could provide support for the GBP to continue growing, provided that the bulls hold their defense above the 0.5 Fibonacci zone of the main impulse movement. The market is holding GBPUSD within the trading range of 1.359 - 1.3675. The trend is bullish, and within the correction, liquidity may be captured from 1.359 before further growth. Resistance levels: 1.3675, 1.3764 Support levels: 1.359, 1.3511 If the reaction to the subsequent retest of support at 1.359 is weak, we can consider a continuation of the correction to the 0.7-0.79 Fibonacci zone, which would be the most favorable entry point for us (focus on 1.3511 — a false breakout will increase interest in buying). In the current situation, the focus is on 1.359. Best regards, R. Linda!
Long
by RLinda
5
XRP/USDT 4H📊 1. Trend and moving averages Red line (SMA 10) – short-term, currently rising, which suggests upward momentum. Green line (SMA 20) – also in the upward trend and below the price – dynamic support. Blue line (SMA 50/200) – probably SMA 50 or 200 – the price has broken through it from below and is currently above it – this is a pro-growth signal. 📌 Conclusion: In the short and medium term, a reversal of the trend to growth is visible. 📈 2. MACD (Moving Average Convergence Divergence) The MACD line has crossed the signal line from below, which is a buy signal. The MACD histogram is rising and is above zero – further confirmation of the upward trend. 📌 Conclusion: The upward momentum is increasing. 💪 3. RSI (Relative Strength Index) RSI is currently at ~62, which means that: We are still ahead of the overbought zone (70). RSI is rising – it suggests bullish buyer pressure. 📌 Conclusion: There is still room for further growth before the market is overbought. 🔍 4. Market structure and resistance/support The price is in the 2.30–2.35 USDT zone, which previously acted as resistance. The closest resistance is around 2.38–2.40 USDT – the level from May, where the decline occurred. The closest support is around 2.20 USDT (in line with the green SMA) and stronger at 2.05–2.10 USDT (earlier consolidations). 📌 Conclusion: Breaking 2.40 opens the way to a test of 2.50 and above. 🧠 Technical Summary Aspect Rating Trend (SMA) ✅ Up MACD ✅ Buy RSI ⚠️ Near overbought Resistance/Support ⚠️ Resistance at 2.38–2.40 Movement Potential ✅ To 2.50 or higher 📌 Potential scenarios: ✅ Bullish (uptrend scenario) A hold above 2.30 and a breakout of 2.40 could give an impulse for further gains towards 2.50–2.60. Strong confirmation would be an increase in volume. ⚠️ Bearish (correction scenario) A rejection from 2.38 and a drop below 2.20 could initiate a retest of support at 2.05 or even 1.95.
by cryptodailyuk
1
Is BTC getting ready for a new ATH?🔍 1. Key Support and Resistance Levels (Horizontal Lines): 🟢 Resistances (Green Lines): 114,295.54 — strong resistance resulting from previous highs. 112,767.65 111,009.00 110,685.35 — current key level that price may try to retest after a potential breakout. 🔴 Supports (Red Lines): 108,496.55 — current level being tested, also coinciding with local resistance from the past. 107,687.57 105,888.74 102,909.85 100,848.07 98,208.22 — strong long-term support; in the past, this level was reacted with a strong bounce. 🔶 2. Downtrend channel marked with orange lines: The upper downtrend line acted as resistance. The lower uptrend line acted as support. The price recently broke above the upper line, but is now testing it again - this could be a retrospective retest. ➡️ If the close of the H4 candle is above this line - a possible confirmation of the breakout. 📊 3. Stochastic RSI indicator (at the bottom of the chart): Currently in the uptrend phase after a bounce from the oversold level (<20). The %K line (blue) is crossed upwards by the %D line (orange) - a bullish signal. Still below the overbought zone, which suggests that the potential uptrend still has room to develop. 🧠 4. Market structure and price action: Price broke above the 108.496 level, but is currently struggling to stay above this zone. A retest of the broken triangle could be a healthy move, provided that support is maintained in the 108k–107.6k area. A break below and a close below 107.6k could mean a false breakout and a possible decline towards 105.8k or even 102.9k. 🧭 5. Possible scenarios: ✅ Bullish scenario: Maintaining the 108.496 level and closing the candle above the upper orange line → continued growth. The nearest targets are: 110.685 (first resistance), 111.009 and 112.767 next. ❌ Bearish scenario: The price will not stay above 108k and will fall below 107.687. Possible return to the previous consolidation range with the target: 105.888, and then 102.909 or 100.848. 🧮 Summary: Currently, the decisive moment is underway: a test of support after breaking out of the convergent triangle. The Stoch RSI indicator gives a bullish signal, but the price must confirm the movement by behaving above 108k. Retest and bounce - this is a bullish scenario. A breakdown and return under the trend line - means that the breakout was false.
COINBASE:BTCUSD
by cryptodailyuk
SOLANA → Pre-breakdown consolidation may lead to distributionBINANCE:SOLUSDT is declining and testing the support of the trading range as Bitcoin pauses after strong growth and enters a correction phase... SOL looks a bit weaker than Bitcoin technically, but SOLANA has some positive fundamentals, though that might not be enough. After forming a false breakout of key daily resistance, Bitcoin is moving into a correction phase. An update of local lows on the chart could trigger a drop across the entire cryptocurrency market. In SOL, the focus is on the two nearest levels of 148.75 and 145.64. A breakdown of support could trigger the distribution of accumulated energy within the specified range as part of a downward momentum. Resistance levels: 148.75, 151.2, 153.88 Support levels: 145.64, 138.59 The ideal scenario would be a false breakout of 148.75 (liquidity capture) and a retest of 145.64, followed by a break of support. Consolidation below 145.65 could trigger a drop to the zone of interest at 138.59. Best regards, R. Linda!
Short
by RLinda
5
SWING IDEA - AJANTA PHARMAAjanta Pharma , a mid-cap pharma player with strong branded generics in ophthalmology, dermatology, and cardiology, is showing a compelling swing trade setup backed by a high-probability technical breakout. Reasons are listed below : Bullish engulfing candle on the weekly timeframe, indicating reversal strength 2,500 zone acting as a crucial support Holding above 0.382 Fibonacci retracement level , suggesting healthy correction Price trading above 50 & 200 EMA on the weekly chart – long-term strength intact Breakout from narrow consolidation near the 50-week EMA Target - 3080 // 3400 Stoploss - weekly close below 2415 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:AJANTPHARMLong
by Visionary_Growth_Insights
ETH/USDT 1D🔍 ETH/USDT - technical analysis (1D interval): 📉 Price: 2478 USDT (-4.36%) 🔧 Resistance: • SMA 200 (green): ~ 2589 • Resistance zone: ~ 2715 → 2880 USDT • SMA 100 (blue): ~ 2500 (just rejected) 🔧 Support: • SMA 50 (red): ~ 2434 - currently tested • Strong support: 2373, 2314, 2223 USDT 📊 indicators: • MacD: freshly intersected, but the momentum is weakening • RSI: ~ 45 - neutral/weak, under 50 (no bull strength) • Trend: Still in the downward channel (yellow trend lines) ⸻ ⚠️ Conclusions: • Price rejected from 2500 (SMA 100) and flies down. • If 2434 falls, a further discount is possible to 2373–2314. • Lack of bulls with key resistance - the inheritance scenario dominates. • Watch behavior at 2434 - this is now a key level.
by cryptodailyuk
GOLD → Consolidation after a trend break...FX:XAUUSD , after breaking out of a downtrend, is consolidating, which may continue for some time due to Thursday's news and low liquidity on Friday. Gold stabilized after a correction, but volatility risks remain. After falling from a weekly high of $3,366, gold prices found demand again in Asia on Friday. Strong US employment data cooled expectations of an imminent Fed rate cut, which supported the dollar and limited gold's gains. Additional pressure is coming from the hawkish shift in Fed expectations, but US budget risks and weak liquidity due to the holidays could increase price volatility in the coming days. Technically, the focus is on the boundaries of the current consolidation at 3311 and 3357. In addition, within the range there is an important level of 3325, which divides the market into bearish and bullish zones... Resistance levels: 3350, 3357, 3393 Support levels: 3325, 3311 It is important to understand the situation: due to the holiday in the US, liquidity is lower, making it easier to move the price. The rest of the world, interested in gold, can easily push the price up. The trigger will be the zone 3350 - 3350. There is a chance that the market will try to break through the resistance without a pullback and continue to rise to 3393. However, the most likely scenario is that after yesterday's volatility, gold will remain within 3325 - 3357 before rising next week Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
9
GBPCAD → Retest the area of interest before growthFX:GBPCAD is closing the imbalance area as part of a countertrend correction and consolidating below the 0.5 Fibonacci level. What's next, growth or decline? The global trend is upward, and the situation is classic: the market needs energy and liquidity to continue growing. Locally, we see that as part of a countertrend correction, the market is closing the imbalance area, but at the same time forming consolidation below 0.5 Fibonacci, still leaving the zone of interest and order block below 1.84600 untouched. Technically, there is a fairly high probability of continued growth, provided that the price ends its consolidation with a breakout of the 1.85690 resistance and consolidates above 0.5 Fibonacci. Resistance levels: 1.85690, 1.8657 Support levels: 1.84986, 1.846, 1.8417 However, as an additional and, in my opinion, the most important scenario, I still consider a complete closure of the fvg and a retest of the 0.7-0.79 zone, within which the order block is located. A false breakdown of the zone of interest and the capture of liquidity could attract additional interest, which would trigger growth. Best regards, R. Linda!
Long
by RLinda
9
BNB/USD (4h interval)🔍 1. Chart structure Instrument: Binance Coin / USD (BNB/USD) Interval: 4 hours 📐 2. Technical formations 🔸 Breakout from the descending wedge formation The descending wedge (orange lines) is a bullish formation - it suggests a potential breakout upwards. The breakout occurred dynamically, with a large breakout candle (confirmation of the formation). The goal of breaking out of the wedge is usually the height of the entire formation - this is marked with an orange arrow. 📈 Breakout range (target): around $697–710 🟢 Potential next targets: 697.83 (local resistance/projection result) 710.73 (main wedge height projection) 728.12 (strong resistance from history) 📊 3. Supports and resistances 🟥 Support zones (red rectangles): $648.5–637.5 – previous resistance, now tested as support after the breakout. $608.5–592.5 – strong support from previous lows. 🔼 Currently, the price has tested the upper support zone (648–637), reacted positively and continues to move up. 🟩 Resistance levels (green horizontal lines): 679.88 USD – local resistance, first target after breaking out of the wedge. 697.83 USD – projected range from the formation. 710.73 USD – full technical range of the breakout. 728.12 USD – strong resistance from history, may be a long-term target. 📉 4. Trends and support lines Purple upward trend line – currently the price is above, which confirms the short-term upward trend. Its break may lead to a retest of 648–637 USD. Only below this zone can a larger correction be considered. 📈 5. Stochastic RSI indicator Currently in the overbought zone (above 80). Possible temporary cooling – signal for local correction / consolidation. It is worth waiting for the indicator to go down to around 20 to re-enter the long. ✅ 6. Scenarios 🔼 Bullish (base) scenario: Staying above 648–637 USD. Maintaining the uptrend line. Continuation to 679.88 → 697.83 → 710.73. 🔽 Bearish scenario: Breaking the purple trend line. Returning below 648 USD → going down to the 608–592 zone. Negation of the breakout from the wedge. 📌 Final conclusions Breaking out from the descending wedge is a strong pro-growth signal. The price behaves in accordance with technical analysis, testing the previous resistance as support. Currently, the retest and consolidation phase is underway – maintaining the trend line and the level of $648 will be key. The medium-term target is $697–710.
CRYPTO:BNBUSD
by cryptodailyuk