Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 3.83/61.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A 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 provide 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.
correction in 4th wave looks complete as A,B,C marked and 38.2 % retracement done in 4th wave . Accumulate for good return as it may cross previous peak.
Analyzing the options chain and the chart patterns of GBX The Greenbrier Companies prior to the earnings report this week, I would consider purchasing the 65usd strike price Calls with an expiration date of 2025-3-21, for a premium of approximately $3.10. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I remember the day like it was yesterday. I was scrolling through X (Twitter), seeing everyone go wild over this one stock. My heart raced as I watched the price skyrocket, but I hesitated. I hadn't done my homework on this one, and something felt off. But the fear of missing out? That was eating at me. The next day, I woke up to see the stock had crashed. My initial relief turned into regret. Maybe I could've sold at the peak if I had just jumped in like everyone else. That's when FOMO, or Fear Of Missing Out, became my trading nemesis: -Hasty Actions: I started jumping into trades at the last minute, driven by the buzz on social media, not by my own analysis. -Screen Addiction: I couldn't step away from my screen, worried I'd miss the next big move. My life began revolving around the market's every twitch. - Chasing Losses: After missing a few opportunities, I found myself in a dangerous cycle, trying to make up for lost gains with even riskier trades. But here's the twist in my story. One evening, after a particularly bad day of chasing trends, I sat back and realized how this fear was controlling me, not my strategy. I decided to change. I set strict rules for myself: no trading based on social media hype, sticking to my research, and remembering that every market has its patterns - there's always another chance if you miss one. Now, I trade with a calm mind, knowing that if I miss one trade, there'll be another. If you've ever felt that burning desire to join the rush, only to regret it later, you're not alone. Let's share our stories and strategies for overcoming FOMO. DM me if you want to chat about how we can keep our heads in the game, not just our eyes on the screen. Kris/ Mindbloome Exchange Trade What You See
If you haven`t sold HELE before the previous earnings: https://www.tradingview.com/chart/idea/nvfLdOVw/ Now analyzing the options chain and the chart patterns of HELE Helen of Troy Limited prior to the earnings report this week, I would consider purchasing the 70usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $1.32. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Gold is in a range. Waiting for a break on either direction. Will not take a trade in the "no trade" range Only 2 impact news for USD today (3pm UK local time) - Ideally, should be smooth during London or Pre NY Open
Hi today I have drawn the important levels on the chart. Be careful of continued upside thank you. I think that the market can also go down today and the market might not be sure right now. We can notice the volume and other technical indicators to help us determine which way the market will swing today. Thanks and please help us to support the channel thank you. #eurusd
In todays analysis, we’re looking forward to selling GBPUSD as price is pulling back to our sell entry price. A sell opportunity is envisaged around 1.26010 take profit target is 1.24122 stop loss is at 1.27263
1. Overall Trend: * The chart shows Bitcoin in a clear uptrend on the daily timeframe. * Higher highs and higher lows have been forming, maintaining a bullish structure. 2. Key Levels: * Resistance: $108,444 - $108,964 (as indicated by the Volume Profile High/Resistance Zone). * Support: * $101,000 (current pivot level near the Volume Point of Control or POC). * $90,000 (secondary major support zone along the lower trendline). * Critical Level: $58,707 (significant lower support in case of an extended pullback). 3. Trendline Analysis: * The price is trading within an ascending channel. * The lower trendline around $90,000 provides strong dynamic support, while the upper trendline near $150,000 indicates a potential bullish breakout target over the medium term. 4. Volume Profile: * High trading volume near $101,000 suggests this level is acting as a key pivot zone. Sustained trading above this level is essential for further bullish continuation. 5. Indicators: * Volume: Recent candles show moderate buying interest, but a breakout above resistance at $108,444 requires stronger volume confirmation. * Momentum: Likely positive as Bitcoin attempts to retest the resistance zone. Market Scenarios Bullish Scenario: * Conditions: * If Bitcoin breaks above the $108,444 - $108,964 resistance zone, the next bullish targets would be: * Target 1: $120,000. * Target 2: $149,000 (upper boundary of the ascending channel). * Momentum needs to align with strong volume for this breakout. * Catalysts: * Positive macroeconomic developments, favorable sentiment, or significant institutional buying. Bearish Scenario: * Conditions: * If Bitcoin fails to hold the $101,000 level and breaks below $90,000 (trendline support), the next bearish targets would be: * Target 1: $70,000. * Target 2: $58,707 (critical lower support zone). * Catalysts: * Negative news (regulatory actions, macroeconomic instability), or lack of buying interest. Neutral Scenario: * Bitcoin consolidates between $101,000 and $108,000, building a base for the next significant move. A prolonged consolidation phase may indicate indecision in the market. Prediction and My Thoughts * Bitcoin is currently bullish but faces a key resistance zone at $108,444 - $108,964. * The ascending channel provides a clear pathway for price action, with potential targets at $120,000 and beyond if the resistance zone is cleared. * However, failure to sustain above $101,000 could lead to a pullback toward $90,000 or lower. * Watch for volume and momentum as critical confirmation signals for any breakout or breakdown.
Analyzing the options chain and the chart patterns of PACS Group prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $0.27. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.