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Retracement

CADJPY | Short H4 | Market Exec |Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 a time-frame. - Price action is reversed off the Supply Zone - Targeting the other Demand Zone - Price action looks like it will retrace first before grinding up higher. Suggested Trade: Entry @ Area of Interest 113.70 - 114.20 SL @ 114.92 TP 1 @ 112.92 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 111.82 Risk-to-Reward @ Approx. 2.06 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
S&P500 Retracement 31.05.2024U.S. Indices: Friday's Jump 31.05.2024! What's next? S&P500 H1 Chart Remarks and Technical Insights: - A reversal, crossing the 30-period MA on its way up potentially ending the downtrend. - Confirmation of the bullish divergence (RSI: higher lows, Price: lower lows). - The index is near the upper band of the 50- period Bollinger Bands indicating resistance for moving further to the upside. - Retracement to the 61.8 Fibo level (back to the 61.8% of the total movement to the upside is more probable. Target Level is near 5,265 USD Less probable alternative scenario could be the breakout of the 5,300 USD resistance pushing the index more to the upside with target level near 5,330 USD. __________________________________________________________________________________ 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: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
BLACKBULL:SPX500Short
by Stuart_Cowell
SPY Fibonacci Price Theory And BreakOut BarsThis instructional video teaches you the basics of Fibonacci Price Theory in conjunction with Breakout Bars and how price is the ultimate indicator. Throughout this video, I try to provide instruction on key elements related to the Fibonacci Price Theory (Unique & Standout Highs/Lows). Additionally, I've also included Breakout Bars and Fibonacci Price Retracement concepts. What I really hope you learn from this video is to see price as the true ultimate indicator for your trading decisions. Using technical analysis techniques is fine, but use price as the key element when trying to confirm or reject your trading ideas. I hope this helps you understand that price, action, and reaction through trends, peaks, and troughs are the most important components of the chart. Everything else is peripheral.
AMEX:SPYEducation
by BradMatheny
3
ICT Short setup SPY swing trade, retracement trade👋Hello Traders, Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in SPY for Swing trade. Of course SPY is in up trend in Daily chart, so this is a retracement trade for reference. Or you could consider to buy SPY after reaching the demand zone marked on chart. Please refer to the details Stop loss, FVG(Sell Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
AMEX:SPYShort
by ICT_Trader_SB
SAREGAMA INDIA have Broken and Sustained at Retrestment LevelCompany is almost debt free. Company has delivered good profit growth of 29.6% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 36.0% Company’s Operating Revenue for Q4 FY24 stood at Rs 2,631 Mn growing at 29% both on YoY as well as QoQ basis, with a strong adjusted EBITDA of Rs.864 Mn registering a YoY growth of 40%. Company delivered a PBT of Rs 760 Mn with a 31% YOY growth. Company’s Revenue from operations for FY24 stood at Rs 8,030 Mn with a strong adjusted EBITDA of Rs. 3,029 Mn with a margin of 38%. Company delivered a PBT of Rs 2,708 Mn with a 34% Margin and PAT of Rs 1,976 Mn for FY24 Key Operational Highlights: ➢ The company’s strong performance is led by growth in music licensing on account of strong advertisement revenues driven by its investment in new music and the revenues generated through the artist management vertical ➢ This quarter saw music release of A.R.Rahman and Diljit Dosanjh’s Chamkila, Ajay Devgn’s Maidaan, Ram Charan and Kiara Advani’s Game Changer, Yami Gautam’s “Article 370”, Mohanlal’s Malaikottai Valliban, Diljit Dosanjh single Love Ya, multiple songs by Bhojpuri star Neelkamal, Pawan Singh and Gujrati’s No.1 singer Rakesh Barot. ➢ During the Quarter, Company released 290 plus Originals and Premium Recreations across Hindi, Bhojpuri, Gujarati, Punjabi, Tamil, Telugu, Malayalam, Marathi and Bengali languages. Company also released 2,000 plus derivatives (LoFi, Trap Mix, Cover, Acoustic etc.) which is driving the popularity and growth of its catalogue. ➢ The other highlight of the quarter was the use of our songs for Shahid Kapoor and Kriti Sanon starrer 'Teri Baaton Mein Aisa Ulhja Jiya' (Hindi), for Mahesh Babu’s 'Guntur Karam’(Telugu), for Dulquer Salmaan’s'King of Kotha’ (Malayalam) etc. and by brands like HUL Lux, Meesho, Junglee Rummy, Andrex etc. in their ad films. ➢ Riding on the success of its Tamil Serial “Ilakkiya”, Company started its Malayalam remake “Mangalyam Thanthunanena” on Surya Tv. We released “Crushed Season 4” series from Dice of Pocket Aces on Amazon mini-TV. ➢ In Q4FY24 Yoodlee released Mohanlal starrer “Malaikottai Vaaliban” , Tovino Thomas starrer “Anweshippin” in Malayalam and Gippy Grewal “Warning 2” in Punjabi. ➢ Digital footprint across Saregama owned and controlled channels touched 239Mn followers and subscribers across YouTube, Instagram and Facebook.
NSE:SAREGAMALong
by iism-ExpertTrading
XAUUSD Retracement 24.05.2024GOLD (XAUUSD) Analysis. Quite interesting H4 Chart: Could be a good opportunity for catching a retracement. Lots to consider. - Reversal to the downside crossing the MA on its way down. - BB Lower band reached. - RSI in oversold area and beginning to show bullish signals. - 2,325 USD/oz could act as a strong support at the moment. Target level at near 61.8 Fibo Retracement level, at 2,360 USD/oz. _________________________________________________________________________________ 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: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)
FXOPEN:XAUUSDLong
by Stuart_Cowell
1
Retracement short trade of BTCUSDT, short term idea👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Short setup in BTCUSDT for scalping. Please refer to the details Stop loss, FVG(Supply Zone),open for take profit. BTCUSDT daily chart is in uptrend or ranging market, this is just a retracement trade idea and you could consider buy BTCUSDT after reaching the demand zone marked with a reversal to upside chart pattern in H1 or higher timeframe. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Short
by ICT_Trader_SB
Up Up and Elliot Wave!? EU to March Levels and Beyond?!Here I have EUR/USD on the 4 Hr Chart!! Upon deeper analysis of EU, the LOW created on Apr. 16th happens to be a NEW LOW since the LOW back in Oct. of 2023!! Since that low, price has been in an UPROAR! Moving fairly Bullishly! Not to mention that it seems we could be seeing the end of an Elliot Wave!! Price is currently at a STRONG ZONE tested Multiple times throughout Price action in the past few months but we are seeing this Level as SUPPORT!! Now with the Current HIGH @ 1.08949 and based off the LOW @ 1.06494, we see our Targeted Fibonacci Range @ ( 1.08125 - 1.07717 ) **If Price is unable to Break down Below this Zone, We could be seeing the NEW LOW being the next best area for BUY OPPORTUNITIES!! W/ Range Target being ( 1.08949 - 1.09528 ) Fundamentally, EUR and USD both came in with Strong SERVICES and MANUFACTURING PMI numbers!!! The only difference is: EUR is looking at Rate Cuts as soon as July! USD is looking at Rate Cuts as soon as Sept! (*Fed unsatisfied by Progress towards optimal 2% Inflation meaning Rates stay "Steady For Longer" Lets See What Happens!!
Long
by Novi_Fibonacci
AUDNZD | Short H4 | Market Exe | Trade-Related TradeTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around - Aiming for the 38.2% Fibo retracement to TP Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any major movement will come from supply-demand areas, monetary policies or economic data gyrations. Suggested Trade: Entry @ Area of Interest 1.0970 - 1.1010 SL @ 1.1060 TP 1 @ 1.0920 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.0838 Risk-to-Reward @ Approx. 2.04 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
AUDCAD | Short H4 | Market Exec | Similar to NZDCADTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on D1, H4 and H1 timeframe - Price action is at a Supply Zone and has another Consolidation Zone nearby it - Price action is at the top of a channel resistance - Targeting the 50% Fibo retracement Fundamental Confluences for Trade: - Same setup as the NZDCAD trade I just posted as well - AUD has a RBA event risk if this trade is taken Suggested Trade: Entry @ Area of Interest 0.9030 - 0.9060 SL @ 0.9093 TP 1 @ 0.8983 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.8921 Risk-to-Reward @ Approx. 2.14 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
2
The weekly on btcusd.This was an anonymous week where the classic capture of margins was witnessed on derivatives, if you go and look at the 1h timeframe, you will notice the "Bart" a new name for a fractal that often occurs on cryptocurrencies, which in any case has no value and is only a grammatical "flourishment", for now. The important thing is that the price has not broken the low, so the intermediate-term bullish trend remains for now, even if the price has been catching its breath for a while, surpassing previous retracements in bull markets. The only analogous and similar period given that it occurred after a halving, is the period between June and August 2016, culminating with a hack suffered by bitfinex, which was then patched up in some way. Today there are many hacks linked to exchanges, also because the latter have increased in number, but they no longer have the same impact as before. Today the bitcoiner has become a worse hypocrite than he seems, today we are waiting for the Fed data, today we look at what the large capital management funds are doing, so if we are dealing with these movements, it is because the professionals know how screw you. I can only recommend following the long-term trend, i.e. the underlying one, and staying away from financial levers linked to cryptocurrencies, or in any case if you use them, look for instruments that have a clearing house that establishes the validity of that exchange, not it is 100% safe but at least you don't risk losing capital in a margin call due to the dump of a meme coin taken with leverage greater than 10.
BITFINEX:BTCUSD
by Melupira89
NZDCAD | Short H4 | Market Exec | Pure Retracement PlayTechnical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1 @ 0.8184 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 0.8151 Risk-to-Reward @ Approx. 2.04 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only. ________________________________
Short
by weekendanalyst
Last Leg To The Finish Line - UCHFHere I have USD/CHF on the Daily Chart! Now we've been following USD/CHF since it created its NEW LOW back in Dec. '23. This LOW I believe sparked the beginning of an Elliot Wave and currently we are looking at what seems to be a possible LAST LEG of this Impulse Move! Price has currently created a HIGHER HIGH @ .90721, so we will be looking for Price to either: 1) Finish its BULLISH run to the Fib-Ext Ranged Target @ ( .91572 - .93426 ) -OR- 2) Look to make another Retracement to the ( .88726 - .88418 ) B/C Zone for another Potential Entry to surf the Wave the rest of the Way! *RSI is showing we are currently Over-Bought, so this leads me to believe we could see price descend to our Zone. Fundamentally- -The BIG contributor to this scenario is with the SNB being the FIRST this year to cut their Interest Rates making the CHF look less attractive to investors & The FED holding rates gives the USD a Leg UP! *Forecasters for Next Weeks News (Apr. 1 - Apr. 5) are leaning towards Bullish Outcomes so that could help feed the Bullish Mindset of traders for USD to start the new month off but ANYTHING can happen so BE MINDFUL OF NEWS!!
Long
by Novi_Fibonacci
35
Why Bitcoin's Halving Won't Save You if the Economy Goes Down As we navigate through an increasingly volatile economic landscape, similarities between the current market behavior and the period preceding the COVID-19 market crash have begun to surface, particularly concerning Bitcoin ( INDEX:BTCUSD ). This analysis delves into these parallels and discusses why the upcoming Bitcoin halving might not be the safety net investors hope for if a major economic downturn occurs. Historical Insights: The 2020 Pre-Halving Crash Back in early 2020, just before Bitcoin's much-anticipated halving, the cryptocurrency market experienced one of its most drastic crashes. Bitcoin's value plummeted by 41% in a single day, underscoring the rapid sentiment shift among investors from greed to fear. Notably, our Trend Model had signaled an exit from the market two weeks prior to this crash, prompted not by foreknowledge of the pandemic but by bearish behaviour on Bitcoin. At the time, the Crypto Fear and Greed Index was at a mere 39 out of 100, highlighting a market driven by fear— suggesting an oversold market. Current Market Conditions and Sentiment Fast forward to today, the echoes of the past resonate as the same indices and models show similar ominous signs. With geopolitical tensions escalating and the risk of major conflicts looming, our Trend Model recently signalled another exit. Interestingly, the current market sentiment, with a Fear and Greed Index score of 72, indicates a stark contrast: traders remain optimistic despite the negative price trends—a risky disconnect that could precede significant market corrections. Major market influencers continue to advocate bullish perspectives, with some viewing market dips as buying opportunities and others speculating about market manipulations linked to new ETF launches in Hong Kong. The general consensus among these influencers is that the impending halving will bolster Bitcoin prices. However, a closer look at historical data and market behavior suggests otherwise. The Halving: A Misunderstood Phenomenon The halving certainly impacts Bitcoin by reducing the reward for mining new blocks, theoretically increasing scarcity. However, the effect is neither immediate nor strong enough to counteract significant market downturns. After the 2020 halving, Bitcoin prices didn’t soar; instead, they entered a prolonged period of stagnation lasting 72 days. This historical precedent illustrates that halving does not inherently create upward price pressure but rather contributes to a slow, often muted, impact on the market. Technical Analysis and Future Predictions Applying Fibonacci Retracement to the current weekly Bitcoin charts suggests potential price corrections with levels possibly dipping between $38,000 and $45,000. Further analysis through the Limited Growth Stock-to-Flow (S2F) model indicates that Bitcoin is currently overbought. A retracement to $45,000 would align with this model’s estimation of Bitcoin's fair value. Conclusion: Navigating Uncertainty with Data While the hope for a market recovery persists, relying on the halving to safeguard Bitcoin investments in a turbulent economy is misguided. Our historical data and trend analysis underline the importance of cautious and informed trading strategies. Just as our model successfully predicted exits before major market crashes, including the COVID-19 downturn, Luna crash, and FTX collapse, it continues to guide us through these uncertain times. Investors would do well to remember that external factors such as geopolitical developments or economic crises can dwarf the effects of the halving, leading to sharp price declines. In this context, understanding and respecting the data’s warning signs is crucial for navigating the markets effectively, ensuring that decisions are based on insight rather than optimism.
INDEX:BTCUSD
by AlgoAlpha
4
An unimaginable short from the depths of analysisHello Traders ;] As I examined the GBP/USD pair, it appears we're in a prime position for a short trading strategy. The pair has retraced into the 0.79-0.61 zone, a classic area that often signifies a natural correction within a trend. Such retracements can offer strategic entry points for traders looking to capitalize on potential reversals. Furthermore, a glance at the volume profile over the entirety of the visible price movement indicates that we've reached the Value Area High (VAH). This point in the volume profile is particularly telling; it's where the majority of trading activity has taken place, acting as a barrier of sorts—a 'strong wall'—which the price may struggle to break through. Consequently, this serves as a strong indication that the pair may recoil from this level. In setting up this trade, placing a stop loss just above the VAH would be a prudent measure, limiting exposure should the market move contrary to our expectations. For the profit target, we look to the opposite end of the volume profile, the bottom. This analysis not only aligns with the technical indicators, but also with the principle of selling into strength within a downtrend—a strategy often favored by seasoned traders looking to join the broader market momentum. Good luck strugglers!
Short
by Vezzeris
Correction Wave Incoming! - GUHere I have GBP/USD on the Daily Chart! After our New High since August 2023 @ 1.28938 , we've seen Price decline quite drastically! In fact, we were given a NEW LOWER LOW on Tuesday @ 1.24052! Now with this Low having been created after our Lower High @ 1.2708 (Point B), this Price Action breaking our previous Low @ 1.25394 CONFIRMS my prediction that we could be looking at a Correction Wave!! -Will our Support Zone turn RESISTANCE?!? I will be looking for Price to make a Retracement to our Fibonacci Levels in our Support Zone for a SELL ENTRY @ ( 1.25241 - 1.25394 ) Range Target @ ( 1.21346 - 1.19992 ) SL @ 1.25932 *Levels Subject To Change* Fundamentally for the remainder of the week, GBP - Retail Sales (Fri) USD - Unemployment Claims/Philly Manufacturing Index/Existing Home Sales (Thur) *Next Week we will be getting PMI numbers so WATCH FOR NEWS!!
Short
by Novi_Fibonacci
2
NAS100 Retracement Post Reversal 26.04.2024U.S. indices could correct today after the reversal to the upside yesterday. Currently in intraday consolidation. Opportunity on NASDAQ in this chart using the Fibo tool. 17,620 USD must break first, signalling a drop. __________________________ 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: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350).
PEPPERSTONE:NAS100Short
by Stuart_Cowell