Support and Resistance
MAGIC – Building Energy for the Next Move?Hey traders!
#MAGIC has shown strong volume over the past few days, and now it's consolidating sideways – hovering just above a key support zone. This kind of setup often signals that a bigger move is brewing... but which way?
Here’s what we’re watching:
✅ Support holding firm – buyers seem to be stepping in around this level.
✅ Volume remains healthy, indicating continued interest.
✅ Price is coiling, setting the stage for a potential breakout.
📌 Our Plan:
We’re eyeing a breakout above the resistance level for confirmation of the next leg up. Once that happens, we’ll look for a retest of the breakout zone as our entry point for a long position – backed by proper risk management, of course! 💯
🎯 Target: Previous highs
📉 Invalidation: Clear breakdown below support
What do you think? Are you watching MAGIC too? Drop your thoughts, charts, or setups below! Let’s build together. 🔥👇
#MAGIC #Altcoins #CryptoTrading #BreakoutSetup #PriceAction #SupportAndResistance #VolumeAnalysis #TradeSetup #TradingView #CryptoCommunity
SONIC Looks Bullish (8H)We have a 3D pattern at the bottom, indicating a potential price reversal. There’s a bullish CH on the chart, and the trigger line has been broken. A green support zone is marked on the chart, and we’re looking for a buy/long position around this area.
Given that Bitcoin might undergo a correction, risk management is essential for this setup.
Targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
USDJPY 4h Long Setup | Low Risk High Reward Market broke the descending structure with strong bullish impulse followed by higher lows respecting new trendline
Price retested the previous resistance now turned support zone with a bullish reaction
Entry is taken after confirmation of the retest holding and bullish continuation signs
Entry : 142.494
SL : 140.676
TP : 148.270
RR 1 : 3.2
Price action aligned with short-term bullish reversal structure and clear demand zone defense
Let price do the work
EURGBP Short SetupEURGBP Short Setup
4H Chart Trendline Breakdown and Retest
Entry : 0.84944
Stop Loss : 0.86678
Take Profit : 0.83310
RR 1 to 1.9
Market broke below the ascending support and retested the underside of a broken trendline confluence. Bearish pressure is building as price fails to reclaim 0.85396 zone. Clean structure for continuation to the downside.
Price is now respecting lower highs with momentum shifting beneath structure. This setup targets the previous demand zone near 0.833 region where price consolidated before the last impulse up.
As long as price holds below 0.854 zone, bearish bias remains valid.
EURUSD Spring Setup: Ready to Launch?it's the calm before the storm
EURUSD formed a spring setup, rejecting below a key intraday level with strong volume and wick reentry. Price bounced off a rising trendline, reclaiming structure after a false breakout — classic Wyckoff-style spring. Anticipating a move toward the 4H resistance at 1.1424. Stop below the spring low for a clean R:R.
$DOGE: History doesn’t repeat itself but it often rhymesVery simple outlook, doge has broken out of its 4 year consolidation channel and is sitting right on top of the breakout support with an oversold weekly rsi . Now we sit back and watch what happens this summer.
BINANCE:DOGEUSDT
COINBASE:DOGEUSD
CRYPTOCAP:DOGE
CRYPTO:DOGEUSD
UBER Long Breakout Play | 4H ChartUber Technologies Inc. (UBER) just broke out of a long-standing descending trendline, confirming a bullish structural shift.
Entry: $79.43
SL: $70.45
TP: $86.93
R:R : 1:1.8
Technical Highlights
• Clean breakout above descending trendline and horizontal resistance at $77.35
• Retest and hold above previous resistance confirms bullish strength
• Strong bullish momentum and candle close above key levels
• Targeting the next major resistance zone near $87
Bias
Bullish continuation as long as $77.35 holds as support.
Plan
Trail stop if price sustains above $82. Look for volume confirmation on breakout retest.
AUDUSD InsightHello to all our subscribers!
Please feel free to share your personal opinions in the comments. Don’t forget to hit the Booster and subscribe!
Key Points
- Ukrainian President Volodymyr Zelensky stated, “We all want this war to end fairly. There should be no rewards for Putin—especially not territorial concessions.”
- As trade negotiations between the United States and China remain stalled, U.S. Treasury Secretary Scott Bessent warned that China bears responsibility for the tariffs and could lose up to 10 million jobs if the tariffs persist.
- U.S. Commerce Secretary Howard Lutnick said in an interview with CNBC, “We already have a finalized agreement, but we must wait for approval from their prime minister and parliament.”
- The Trump administration officially announced a temporary two-year suspension of tariffs on foreign auto parts used in vehicles manufactured within the United States.
This Week's Major Economic Calendar
+ April 30: Germany Q1 GDP, Germany April Consumer Price Index (CPI), U.S. April ADP Non-Farm Employment Change, U.S. March Core Personal Consumption Expenditures (PCE) Price Index
+ May 1: Bank of Japan Interest Rate Decision
+ May 2: Eurozone April CPI, U.S. April Non-Farm Payrolls (NFP), U.S. April Unemployment Rate
AUDUSD Chart Analysis
Although a downward reversal was initially anticipated, the pair continues to test upper resistance levels. For a clearer directional outlook, it must either break through the resistance above or fall below the 0.63000 level.
- If the upper resistance is broken, a rise toward the 0.68000 level is expected.
- Conversely, if the price breaks below 0.63000, a decline toward the 0.60000 level is likely.
VIX stock Chart Fibonacci Analysis 042925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 24/61.80%
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: C
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.
XLV Stock Chart Fibonacci Analysis 042925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 135/61.80%
Chart time frame: C
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.
Bit Digital Stock Chart Fibonacci Analysis 042925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 1.74/61.80%
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: C
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.
Medtronic Stock Chart Fibonacci Analysis 042925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 83.2/61.80%
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.
Pfizer Stock Chart Fibonacci Analysis 042925Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 22.7/61.80%
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: C
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.
No fear of retracement, continue to be long on goldFundamentals:
1. First, focus on Trump and the Fed’s dynamics;
2. Pay attention to whether the geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Gold fell after touching 3330, but it is obvious that the retracement space of gold is being compressed. The lowest price of gold only fell back to 3313, and it did not even make any attempt below 3310. With the continuous consolidation and strengthening of the support in the 3310-3300 area, the double bottom structure and the arc bottom form a technical resonance in the short term. Gold should still have room to continue to rise. I expect that gold is likely to continue to rebound and extend to the 3350-3360 area.
Trading strategy:
It is possible to consider going long on gold again after gold falls back to the 3315-3305 area, and expect gold to rise above 3350 as expected!
GbpjpyAm so interested in this trade cause we have a all time time frame on a down trend I was expecting the market to shift on the 4hrs and retest on the zone wish price did so am supposed to be on this trade but I only enter trade on the London and Newyork session so that's y am not on thus trade so if I see a position tomorrow I will be on this trade maybe de last trade for the week I hv posted 2 trade so this are the trade I am looking out for you can check my profile
Netflix Wave Analysis – 29 April 2025
- Netflix broke key resistance level 1063.40
- Likely to rise to resistance level 1150.00
Netflix recently broke the key resistance level 1063.40 (former multi-month high from February, which stopped the B-wave of the previous ABC correction (B)).
The price just broke the resistance trendline of the weekly up channel from October – which should accelerate the active impulse waves 3 and (5).
Given the clear daily uptrend, Netflix can be expected to rise toward the next resistance level 1150.00, target price for the completion of the active impulse wave 3.
NZDJPY to find sellers at previous resistance?NZDJPY - 24h expiry
The primary trend remains bearish.
The rally is close to a correction count on the daily chart.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 84.95.
We look to Sell at 84.95 (stop at 85.25)
Our profit targets will be 83.75 and 83.50
Resistance: 85.00 / 85.50 / 86.20
Support: 84.10 / 83.70 / 83.20
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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