Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 41/61.80% 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 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.
SUI PERPETUAL TRADE Good short entry levels now ($3.64 - $3.80) SUI still have room to go down towards Targeting $3.37 $3.23 (3.13 & 3.03) Its not a Financial advice
LISTA ~ 1D Analysis #LISTA Buy back from here with a short -term target of at least 10%+ from here.
Please refer to US10Y Yields if you want a detailed, 360 analysis of the bond and yields market as I cover the reasons why price action has been soo tricky recently and what to expect going forward. Low hanging fruits if important right now and studying the daily timeframe throughout next week will give me the indication whether 116.18 will be a good price for the bonds to reverse from or a springboard for higher prices
In April-May, the Euro index shows intriguing trends, as illustrated in the above chart. This analysis is grounded in the Harmonic pattern, utilizing Fibonacci tools. There's a possibility that the EXY CRAB pattern could rise to reach the golden level before potentially descending to a lower golden level. This insight could be valuable for those tracking currency movements and seeking to understand market dynamics.
In this trade, I’m going to enter with a short position. Analyzing the pair on the higher time-frames, it has reached a reversal zone for the second time, previously located around the 158.874 price level. Moving to the daily time-frame and after the pair hit that same area twice again, there’s the possibility of opening a sell position — but a few points should be considered: **1st point: Pay attention to the reversal the pair is currently making after reaching the area near 139.576 *and try to understand whether a future pullback might occur, which would strengthen the case for the sell (a Fibonacci tool can be used as support for this). *Something similar happened between January 16, 2023 and December 28, 2023. **There’s also the chance that the pair might continue its downward movement without making a reversal or pullback. 2nd point: There’s also a possibility that the pair is in a consolidation zone and could later make a strong bullish move, breaking through the reversal zone around 158.874 and invalidating the selling opportunity. Taking everything mentioned above into account — and despite the uncertainty around this pair’s future movement — it’s possible to consider both buying and selling at different moments. That’s why it’s important to closely monitor all the movements and try to time it right, because I believe that when the pair chooses a direction, it’ll move with strength. In this analysis, several moving averages and a Parabolic SAR were also used, and they should be given close attention.
OGN ~ 1D Analysis #OGN Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 10%+.
Throughout this month, its been nothing but indecision in the markets and it does not look like anything will change anytime soon! With the reciprocal tariffs running rampant throughout the economy, investors and traders cannot make up their mind whether they want to be a buyer or seller. Best thing to do is sit on your hands and be patient as market conditions like this have the power of ripping your face off!
POL ~ 1D Analysis #POL Buy gradually from here if you still have a Conviction on this coin with a short -term target of at least 15%+ from here.