The S&P 500 has been respecting this rising channel (green support and red resistance) for an extended period. Currently, price action is testing the mid-range, making this a key level for future movement. Possible Scenarios: 1️⃣ Bullish Continuation → If SPX holds above the green trendline, we could see a breakout towards the upper resistance (red trendline), targeting 7,000+. 2️⃣ Bearish Breakdown → A loss of the trendline support could trigger a correction, potentially sending price towards 5,500 or lower. ? Watch for: ✔️ Confirmation of support holding (bullish signals). ✔️ Breakdown and retest of the green trendline as resistance (bearish signals). ⚡ Trade Idea: • Long on bullish confirmation above trendline. • Short on breakdown + retest of support as resistance.
DEEP recently took out the January 13, 2025 low at $0.12345 with a Swing Failure Pattern (SFP), followed by a successful retest. This led to a bounce that hit a key level at $0.12141, presenting a solid long opportunity with minimal risk. After this, the market turned bullish, forming a 5-wave structure and rallying to the 0.786 Fibonacci retracement level at $0.18643 (measured from the $0.20473 high to the $0.11922 low). This was a key take-profit zone for longs and a great short opportunity. Adding confluence, the anchored VWAP also acted as resistance just above at $0.19, offering another low-risk short setup. Additionally, a key resistance level at $0.1809 further reinforced the rejection zone. Current Price Action & Short Setup From the 0.786 Fib retracement, DEEP retraced 20% downward, nearly touching the 0.618 retracement of the 5-wave structure before bouncing. Now, price is finding resistance at the golden pocket (0.618 at $0.17347 and 0.666 at $0.17534) of the recent drop, aligning perfectly with the daily 21 EMA ($0.1757) and daily SMA ($0.17347). This setup suggests an ABC corrective move is forming. Using the trend-based Fibonacci extension, the 0.786 extension aligns with the 0.618 retracement at $0.1457, creating a strong short setup. Short Entry: Between $0.17347 - $0.17534 Target: $0.1457 (0.786 trend-based Fib extension / 0.618 retracement) Stop Loss: $0.1845 Risk/Reward: 2.5:1 There’s also potential to extend the target to the 1:1 trend-based Fib extension at $0.13733, but this would depend on price action. Potential Long Setup If price reaches the $0.1457 support zone, this could present a high-probability long opportunity. Entry: Around $0.1457 Risk/Reward: 2:1 or better, but confirmation is needed before executing the trade
US10Y hit all tp and exepct some correction to near 4.0 arrow shows correction tp based fib based price action
Context: We're more than half way through a dump on TRUMPUSDT -Pullback into the zone after heavy bearish shift on Friday. -Imbalance on the market profile -61.8 Retest to the imbalance zone -A miro-structure 61.8 retracement to the POC and VWAP (Intraday) -Larger imbalance gaps awaiting below $10
on the chart has bullish buy zone and fair value buy zone, I used two trend lines to identify the zone and a wave chart to see over bought vs over sold. right now we are over sold and need to sell off some, that will be over in a day or so and it will be the right moment for bulls.
Buys: 78 to 109 Target 150? I am in LONG with Shares and SOLD puts at 109 Do yall see how AMD held up above 109 even though the market SOLD OFF This could be a major turning points I will alert more Just drop a like!
R/S Flip was observed at around $1. It might retest that demand zone before going to sky high. We know that Pi is different from any other type of digital currencies. It's main purpose is to solve the real world problems in our society uniting every sector like Real Estate, Travel and Tour, Food and Drinks, Commodities etc...
Iron ore prices can rise due to tariffs for several reasons: 1. Supply Disruptions – If a major producer or exporter faces tariffs, it may reduce supply in the global market, pushing prices higher. 2. Higher Production Costs – Tariffs on raw materials, equipment, or transportation increase the cost of iron ore mining and exporting, which can be passed on to buyers. 3. Trade Restrictions – If tariffs are imposed on competing materials (e.g., steel imports), demand for domestic production rises, leading to higher demand for iron ore. 4. Shifts in Trade Flows– Countries affected by tariffs may seek alternative suppliers, creating inefficiencies in the market that drive up prices. Weekly chart https://www.tradingview.com/x/MhK2djKF/ and my previous entry https://www.tradingview.com/x/dCCEcSAT/
Hey brothers and sisters. Just a quick update of what I see in the short term.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 95500/61.80% 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: 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.