Fibonacci Retracement

Overall picture (4H BTCUSDT)📊 Overall picture (4H BTCUSDT) The market was in an uptrend (ascending channel) — marked with black lines. We are currently experiencing a downward breakout from this structure. The price has lost trend and returned below the average (red line) → bearish signal. 👉 This is no longer a pure uptrend — we are in a correction phase / possible short-term reversal. 🔴 Key levels Support: 68,000 – 68,200 → currently tested / broken 67,200 – 67,300 → local support 66,000 → strong support (if it falls he

by cryptodailyuk

HOW-TO: Grid in TradingView ZenAlgo - Grid is an overlay tool designed to map a structured Fibonacci execution framework directly onto price. Instead of using a fixed manual fib drawing every time, the script can anchor itself automatically from detected swing structure or use manually selected start and end points. The purpose of Grid is to turn a price swing into a practical reaction map. It highlights key retracement areas, the Golden Pocket, entry and take-profit levels, and an extension target zone, while keeping the

by ZenAlgo_Official

GOLD - A countertrend correction in an uncertain market ICMARKETS:XAUUSD is testing the 4,600 level as part of a counter-trend correction; however, a short squeeze is bringing the market back to its senses. The market may test 4,500... For traders, a negative backdrop is created by the numerous market manipulations carried out by both Trump and his opponents. Trump’s sharp statement at the start of the week ended in a retraction. However, rumors of possible negotiations are emerging. The market is reacting extremely sharply... Risk appetite has

USDCAD - Breakout and consolidation above the level...FX:USDCAD breaks through consolidation resistance amid a strong dollar and is poised for an uptrend; it is important to wait for confirmation... After a false breakout of the 100.0 psychological level, the dollar formed a minor pullback and entered a consolidation phase. Retests of resistance will indicate that the market is preparing to continue its upward movement. The session open index is strengthening, thereby providing support to the currency pair. The currency pair is consolidating

ETC/USDT 1D Chart Review 📉 TREND (HTF – 1D) Strong downtrend (series of lower highs + lower lows) Price remains below the MA (red line) → downtrend remains in effect The downtrend line was recently broken, but without momentum 👉 Conclusion: The trend is still bearish, but consolidation/possible accumulation is emerging 📦 CURRENT STRUCTURE Price is in a range: Support: ~7.3 Mid range: ~8.0–8.3 Resistance: ~9.0 So, a classic: ➡️ sideways after declines (range/base building) 🔍 KEY LEVELS 🟢 Resistance: 9.0 – local ran

by cryptodailyuk

AUDUSD - False breakdown and formation of a reversal pattern FX:AUDUSD is forming an intermediate bottom and a series of support levels. The overall bullish trend and the dollar’s correction could present an opportunity for growth The dollar is forming a correction, which offers growth opportunities for the Australian dollar, which looks relatively strong compared to other major pairs. A retest of 0.70576 would also open the door for the correction to end. A long squeeze and confirmation of the key support level at 0.6944 are forming a reversal patt

Positive vs Negative Indicators!KSE100 Closed at 154292.26 (18-03-2026) Higher Highs Lower Lows (Megaphone pattern) Sustaining 153000 would be a Good Weekly Closing. However, 157000 - 158000 is a Strong Resistance for now. Next Important Supports are S1 around 146300 - 146700 S2 around 135269 - 135500 S3 around 129000 - 132000 Important Resistance Zones: R1 around 157000 - 158200 R2 around 159900 - 160100 R3 around 165000 - 166000 Positive Points: > Bullish Divergence on Daily tf. > Near Golden Pocket Range > Morning St

by House-of-Technicals

BTC repeating 2022 pattern ??COINBASE:BTCUSD BTC weekly pattern is repeating its pattern in 2026. It has come back to ema200 after making 3 highs, 2 highs of divergence pattern and 1 of LH. After that it has now broken ema200 and made a low, just like in 2022. Then it went sideways for 39 weeks till it broke ema200; and kept on sustaining above ema200 for next 24 weeks before it went on next upside. What will be the possible low zone ?? 2022 low was 0.786 fib level of 2020 low-2021 high swing : 16000 zone 2026 low will

GOLD - A correction ahead of a potential decline ICMARKETS:XAUUSD is correcting from yesterday’s euphoria over a possible de-escalation. But that was merely manipulation. The market may form a short squeeze before a decline A dubious ceasefire (manipulation of the situation): Trump announced “productive talks” and a possible 5-day pause in attacks. Iran’s Foreign Ministry denied any contact with the U.S. during the war. Gold and oil prices made sharp reversals, recouping some of their losses, but then came back under pressure. Return to

HYPEUSDT - Consolidation above key support $BINANCE:HYPEUSD.P has been in a bullish trend since late January, indicating the presence of interested buyers in this altcoin. As part of a correction, the price is retesting the 37.0 support level, but at the same time, it is poised for an uptrend Bitcoin is under pressure from a downtrend but is forming a rebound from 67K, thereby supporting the altcoin market. HYPE looks strong compared to other altcoins, maintaining a local trend over the past few weeks. HYPE is testing trend support,

CONCOR – Strong Support Zone Identified CONCOR – Daily Timeframe Analysis This is the daily timeframe chart of CONCOR. The stock is currently trading near a strong support zone around 400–420, based on the Fibonacci retracement levels. The price is also moving within a falling channel, with additional support seen near the 400–410 area. A minimum upside target of 500 is possible. However, the price is currently trading below the EMA, which indicates weakness. Even if a reversal occurs, the price may first retest the EMA and then fa

GOLD - Correction before the fall ICMARKETS:XAUUSD continues its plunge: down 8% on Monday, extending its decline of more than 10% from the previous week. Sellers face little resistance as the dollar and oil strengthen amid the escalating conflict in Iran The dollar dominates as the primary safe-haven asset. Oil continues to rise due to the escalating situation. Gold’s appeal is waning. The escalation of the conflict heightens risks of energy disruptions and inflation → markets are pricing in rate hikes → yields are rising

XRPUSDT - A break in the uptrend. Are we heading toward 1.380?BINANCE:XRPUSDT has broken through the uptrend support and is consolidating below 1.450, indicating that the market is poised to head toward support. Crypto winter continues... XRP is facing downward pressure, and following a short squeeze in Bitcoin, the market is shifting into a local bearish trend. Volumes are weakening, so the trend may run its course... XRP breaks the support trend line and returns to the trading range of 1.452–1.387. A bounce off resistance (I do not rule out a shor

$10YY Massive 6-Year Bull Pennant Breakout!Here we go folks.... the breakout on the MASSIVE 6-year bull pennant has occurred on the 10YY 🥸 if this is not just another fake-out, we should see yields between 4.5 - 4.7% next. Note the golden cross on the 50/200 DMA. RISK IS AT RISK 🚨

GOLD - The decline may continue ICMARKETS:XAUUSD is correcting after a 7% drop over the week and is testing 4,735, forming a key liquidity zone. The correction is linked to profit-taking and a weaker dollar, but the move may be temporary... Traders are closing short positions ahead of the weekend and next week’s PMI data. The end-of-week effect is adding volatility. The escalation of the war (strikes on energy facilities, Iran’s retaliatory strikes) has intensified risk-off sentiment, but gold was sold to cover losses in

BITCOIN - A hunt for liquidity ahead of a drop to $69000 BINANCE:BTCUSDT.P was unable to sustain the previous week’s gains and, following weak economic data, entered a distribution phase from 74,000, testing an intermediate low of 69K. A correction is taking shape... The global trend is bearish, with pressure on the market coming from weak U.S. indices and the Fed’s hawkish stance. Bitcoin has failed to confirm its status as a safe-haven asset amid the current tense geopolitical situation. After the sell-off, the price is finding support in the

Gold Rebounds in a Downtrend — Smart Money Buying or Setting a T Gold is showing a short-term rebound on the H4 timeframe after an aggressive sell-off. However, this bounce is happening right below a major descending trendline and inside a potential FVG zone, which raises concern. Experienced traders know that not all rebounds signal reversals — many are simply liquidity setups before continuation. Macro Narrative • The Fed remains firm with its policy stance, keeping rates elevated. • Stronger USD and bond yields continue to pressure gold. • No major dov

by BMR_MasteTrade

XAUUSD - Attempting to recover after a sharp decline. XAUUSD is attempting to rebound after a heavy correction, but the market is still trading inside a broader pressured structure. Gold came under strong selling pressure after the US Dollar held firm, with the DXY trading near 99.40 following the Federal Reserve’s decision to keep policy unchanged while maintaining a hawkish stance. That combination kept the dollar supported and forced gold into a deeper correction, as higher-for-longer expectations continued to weigh on upside momentum. Still

by LA_Trader_Fx

NTPC – Pre-emptive Upside Turnaround Setup 🟦 NTPC – Pre-emptive Upside Turnaround Setup NTPC is showing early signs of a potential upside turnaround. This is still a pre-emptive structure, so discipline matters more than speed. 📊 Technical View • Trading in a range of ₹350–₹370 • Box breakout likely above ₹370 (range held since April 2025) • Key resistance: 61.8% Fib at ~₹388 → may cause a pause • Sustained move above ₹388 can open higher momentum 💰 Trade / Positional Plan • CMP: ₹359 • Stop Loss: ₹312 • Targets: ₹389 → ₹447 📌 Approa

SOLAR INDUSTRIES – Reversal Setup in Making 🟦 SOLAR INDUSTRIES – Reversal Setup in Making Solar Industries India is showing signs of a potential upside reversal after a healthy correction. 💰 Trade / Positional Plan • CMP: ₹13,685 • Stop Loss: ₹11,600 🎯 Targets • ₹14,237 • ₹15,248 • ₹17,795 📊 Technical View • Strong prior uptrend • Corrected till 61.8% Fibonacci (~₹12,039) and held • Q3 results supportive, improving sentiment • Recent price action hints at upside resumption 📌 Approach • Volatile market → avoid aggression • Prefer st

SHYAM METALICS & ENERGY – Upside Momentum Building 🟦 SHYAM METALICS & ENERGY – Upside Momentum Building Shyam Metalics and Energy is showing signs of upside momentum after a prolonged corrective and consolidation phase. 💰 Trade / Positional Plan • CMP: ₹895 • Stop Loss: ₹774 🎯 Targets • ₹958 • ₹1011 • ₹1132 📊 Technical View • Stock remained in a broad range of ₹703–₹956 for ~6 months • After falling from ₹988 → ₹754, price is now near 61.8% Fibonacci (~₹898) • Holding and sustaining near this zone suggests strength returning • Price action i

Gold Under Pressure — Geopolitics Isn’t Supporting It This Time Gold continues to trade under heavy pressure as expectations for global rate hikes rise, while geopolitical tensions escalate between the US, Iran, and Israel. Despite the uncertainty, markets are not seeking safety in gold — 👉 instead, higher yields and a stronger dollar are dominating the flow. 📉 Technical Structure Clear downtrend continuation Breakdown below 4806 confirms seller control Price accelerating toward lower liquidity zones The recent move shows a classic break → continuati

by Cecilia_Jane_Trader

XAUUSD- Remains Under Heavy Selling Pressure XAUUSD stays on the defensive as dollar strength and Fed hawkishness continue to weigh on gold. Gold remains under strong downside pressure as the market adjusts to a firmer US dollar and a more hawkish Federal Reserve stance. The Fed kept rates unchanged at 3.50%–3.75% in its March meeting, while Powell signalled that higher oil prices linked to Iran could lift inflation in the short term. That matters because when inflation risks stay elevated, the market becomes more cautious on rate cuts,

by LA_Trader_Fx

GBPUSD Long Trade | Deep 76.4% Retracement Buy Setup This morning the GBPUSD presented another high quality buying opportunity following a deep correction. Here's the full breakdown. The Setup: Price on the H1 timeframe pulled back all the way to the 76.4% Fibonacci retracement, a deep but valid discounted price level. Price Behaviour Confirmation: Dropping to the M5, two key signals emerged: ✅ Bullish Participation — buyers stepping in and showing their hand ✅ Wave of Disbelief — price attempted to break below the starting point of the rally bu

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by Charts247TradingAcademy