Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 493/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
This traded should have closed and paid. What would have happened if this trades was in the thousands of dollars or more? The trade is still running.
Marked out previously, the US indexes broke down a tad earlier and retested to fail only to drop further based on jitters and jitter-induced expectations. While the candlestick is long and solid pretty much, there is an extension zone to expect more of the downside to overreach and be oversold before a bounce. You should be able to see that the Buy Setup is pretty much done and can expect a bounce reversal soon... but only after momentum ebbs and a base support is found. Watch for it...
XAU/USD (Gold) 1H Chart Analysis – March 7, 2025 1. Price Action & Market Structure Current Price: $2,904.42 Range Bound Movement: The price is oscillating between $2,890 and $2,920, indicating consolidation. Key Levels: Resistance: $2,920 - $2,930 Support: $2,900, then $2,880 2. Moving Averages (MAs) The 50, 100, and 200-period MAs are tightly packed, showing indecision. Price is hovering near the moving averages, signaling a potential breakout soon. A breakdown below MAs may trigger a sharper decline. 3. MACD Indicator The MACD line (blue) is slightly below the signal line (orange), suggesting weak bearish momentum. The histogram is near zero, confirming low volatility and lack of strong trend direction. 4. Trade Recommendation (Sell Bias) Sell Below $2,900: If price breaks and closes below, expect a test of $2,880 - $2,860. Stop Loss: Above $2,920 (previous resistance zone). Take Profit: First TP: $2,880 Second TP: $2,860 Alternative Buy Setup If price closes above $2,920, it could push towards $2,940 - $2,960. ? Key Watch: Break of $2,900 (bearish) or $2,920 (bullish)
To have the 2nd completed we can try a RR2 buy position... This is my personal analysis and could be RIGHT... Please manage your risk...
? ?? ? Asset: SOXS (Direxion Daily Semiconductor Bear 3x Shares) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above 26.22 (Breakout Confirmation) ✅ Stop-Loss (SL): Below 25.22 (Invalidation Level) ? Take Profit Targets: ? TP1: 27.20 (First Resistance Level) ? TP2: 28.48 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): 26.22 - 25.22 = 1.00 risk per unit ? Reward to TP1: 27.20 - 26.22 = 0.98 (1:0.98 R/R) ? Reward to TP2: 28.48 - 26.22 = 2.26 (1:2.26 R/R) ? Technical Analysis & Strategy ? Bullish Breakout Formation: Price is breaking out from a descending trendline, confirming strength. ? Support Confirmation: Strong support at 25.22, acting as a demand zone. ? Volume Confirmation Needed: Ensure strong buying volume above 26.22 for momentum. ? Momentum Shift Expected: Staying above 26.22 could push price to 27.20 and further to 28.48. ? Key Resistance & Support Levels ? 28.48 – Final Target / TP2 ? 27.20 – First Resistance / TP1 ? 26.22 – Breakout Level / Long Entry ⚪ 25.22 – Stop-Loss / Support Level ? Trade Execution & Risk Management ? Volume Confirmation: Look for strong bullish volume above 26.22 before entering. ? Trailing Stop Strategy: Move SL to entry (26.22) after TP1 (27.20) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at 27.20, let the rest run toward 28.48. ✔ Adjust Stop-Loss to Break-even (26.22) after TP1 is hit. ⚠️ Fake Breakout Risk ❌ If price drops below 26.22 after breakout, exit early to limit losses. ❌ Wait for strong bullish candle close before entering aggressively. ? Final Thoughts ✔ Bullish Setup – Breakout above 26.22 signals upside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Risk-Reward Ratio – Favorable 1:2.26 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Reach & Engagement: #StockMarket ? #SOXS ? #TradingNews ? #MarketUpdate ? #Investing ? #LongTrade ? #Finance ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bullish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakout ?
This is a funny technique that involves swapping rapid price hikes across different days or parts of days depending on your timeline. You run a fib from those two top price ranges that were swapped and you get that sea of levels...check the comments as I show more precise pics of how weirdly accurate it can be https://www.tradingview.com/x/ypJQL33g/ https://www.tradingview.com/x/u2pOgCpi/ https://www.tradingview.com/x/skNGzVAV/ cloooose up in 1 min... These weren't made to look good...see my other work, and hit the purple buttons and the Log functions to see how creepy accurate the levels can be: https://www.tradingview.com/x/skNGzVAV/ https://www.tradingview.com/x/nGPA0OOG/ logged for your pleasure https://www.tradingview.com/x/7YoCOVI5/ if people care to know how i get all the things just ask.....enough interest and I can do a video or something here on the many tricks to see how things work
? ?? ? Asset: NVD (GraniteShares 2x Short NVDA Daily ETF) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above 34.97 (Breakout Confirmation) ✅ Stop-Loss (SL): Below 32.92 (Invalidation Level) ? Take Profit Targets: ? TP1: 37.59 (First Resistance Level) ? TP2: 40.09 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): 34.97 - 32.92 = 2.05 risk per unit ? Reward to TP1: 37.59 - 34.97 = 2.62 (1:1.28 R/R) ? Reward to TP2: 40.09 - 34.97 = 5.12 (1:2.5 R/R) ? Technical Analysis & Strategy ? Bullish Breakout Formation: Price is breaking out from a descending trendline, confirming strength. ? Support Confirmation: Strong support at 32.92, acting as a demand zone. ? Volume Confirmation Needed: Ensure strong buying volume above 34.97 for momentum. ? Momentum Shift Expected: Staying above 34.97 could push price to 37.59 and further to 40.09. ? Key Resistance & Support Levels ? 40.09 – Final Target / TP2 ? 37.59 – First Resistance / TP1 ? 34.97 – Breakout Level / Long Entry ⚪ 32.92 – Stop-Loss / Support Level ? Trade Execution & Risk Management ? Volume Confirmation: Look for strong bullish volume above 34.97 before entering. ? Trailing Stop Strategy: Move SL to entry (34.97) after TP1 (37.59) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at 37.59, let the rest run toward 40.09. ✔ Adjust Stop-Loss to Break-even (34.97) after TP1 is hit. ⚠️ Fake Breakout Risk ❌ If price drops below 34.97 after breakout, exit early to limit losses. ❌ Wait for strong bullish candle close before entering aggressively. ? Final Thoughts ✔ Bullish Setup – Breakout above 34.97 signals upside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Risk-Reward Ratio – Favorable 1:2.5 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Reach & Engagement: #StockMarket ? #NVD ? #TradingNews ? #MarketUpdate ? #Investing ? #LongTrade ? #Finance ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bullish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakout ?
we can't break 73.8K or our current box will turn YELLOW
Hi all, Looking at this solid swing trade on CAD/CHF. Previously price has had a strong push down and we have seen a confirmed Liquidity sweep. We have noticed a movement from this key level where buyers keep stelling in. Post this larger bullish movement we have made a solid Unmitigated Demand zone which I would like to buy from and hopefully look at going for a Breakout Trade to capture Buy side Liquidity. Once price takes out the PSH I will look to add more positions Good luck to any traders that follow