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Next Leg down startingThe S&P 500 has been trading inside this rising channel for the last 3 and a half years. As you can see it has bounced off the bottom of the rising channel 4 different times and it is now back at the top of the channel. Price action gapped above the channel overnight but immediately sold off pre-market back inside the channel and completely reversed the move despite strong earnings from MSFT and META. This is very bearish and signals a move back down to the bottom of the channel once again and given that its already bounced off the bottom of the channel 4 different times, a 5th hit would have a high probability of breaking below the channel, which I would give a greater than 70% probability of playing out. If this happens, we will see much lower prices in this coming bear market.
AMEX:SPYShort
by bradc1984
Platinum Wave Analysis – 31 July 2025- Platinum broke support zone - Likely to fall to support level 1200.00 Platinum recently broke the support zone located between the key support level 1340.00 (low of the previous minor correction iv) and the support trendline of the daily up channel from May. The breakout of this support zone accelerated the c-wave of the active ABC correction 4. Given the bearish sentiment across the precious metals markets, Platinum can be expected to fall to the next support level 1200.00 (target for the completion of the active wave c).
FX_IDC:XPTUSDShort
by FxProGlobal
BNB/USDT 4H Chart: Rising Channel with Fractal Vibes!Hey traders! Binance Coin is showing some promising action that’s got me on the edge of my seat! We’ve got a clear rising channel in play, with BNBUSDT moving beautifully in sync with a fractal line pattern shown above the chart — mirroring past price behavior like a roadmap! BNBUSDT is currently trading at $650 , I think price will continue bouncing between the channel’s support at $620-$600 and move upwards to the key resistance target at $700-$720 . A breakout above this resistance could send BNB soaring to new highs, potentially targeting $800 or beyond! However, if BNB fails to break through, we might see a pullback to the channel support at $620-$600 . Key Levels to Watch: Resistance: $700-$720 Support: $620-$600 Breakout Target: $800+ Breakdown Risk: $600 Is BNB about to blast through $720, or will it retreat below support? Let’s hear your thoughts below!
by ArtemFuturesTrading
1
AUDCHF Will Go Down! Short! Here is our detailed technical review for AUDCHF. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.524. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.522 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
XAUUSD – Downtrend Continues as USD StrengthensGold remains under significant pressure as the U.S. dollar continues to gain strength following a series of positive economic data from the U.S. Specifically, GDP grew by 2.5%, beating expectations, while ADP Non-Farm Employment data also came in strong. This suggests the U.S. economy remains resilient, supporting the Fed's hawkish stance and keeping the dollar strong. On the 4H chart, XAUUSD has broken below the previous ascending price channel and is now trading under the 3,340.400 resistance zone – an area packed with unfilled FVGs. The current price structure leans bearish, with any rebounds likely to be temporary pullbacks. If USD strength continues, gold could drop further toward the support zone at 3,279.200 or even lower near 3,240. Trading Strategy: Focus on SELL Entry: Around 3,325 – 3,340.400 upon price rejection signals. Target: 3,279.200 or lower. Stop-loss: Above 3,342.459
OANDA:XAUUSDShort
by Rocky_trade_
16
Johnson & Johnson Wave Analysis – 31 July 2025 Johnson & Johnson reversed from the resistance zone - Likely to fall to support level 160.00 Johnson & Johnson recently reversed down from the strong resistance zone located between the long-term resistance level 168.15 (upper border of the weekly sideways price range from 2023) and the upper weekly Bollinger Band. The downward reversal from this resistance zone stopped the earlier intermediate impulse wave (3). Given the strength of the resistance level 168.15 and the overbought weekly Stochastic, Johnson & Johnson can be expected to fall to the next support level 160.00.
NYSE:JNJShort
by FxProGlobal
Gold 30Min Engaged ( Bullish Reversal Entry Detected )Time Frame: 30-Minute Warfare Entry Protocol: Only after volume-verified breakout 🩸Bullish Reversal - 3318 ➗ Hanzo Protocol: Volume-Tiered Entry Authority ➕ Zone Activated: Dynamic market pressure detected. The level isn’t just price — it’s a memory of where they moved size. Volume is rising beneath the surface — not noise, but preparation. 🔥 Tactical Note: We wait for the energy signature — when volume betrays intention. The trap gets set. The weak follow. We execute.
TVC:GOLDLong
by Path_Of_Hanzo
42
Bullish bounce off 50% Fibonacci support?USOUSD is falling towards the support levle which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 68.20 Why we like it: There is a pullback support that lines up with the 50% Fibonacci retracement. Stop loss: 65.68 Why we like it: There is a multi swing low support. Take profit: 71.06 Why we like it: There is a swing high resistance. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
Money Flow - 2### Money Flow Spread from DJI to Cryptocurrency: A Fibonacci Perspective The financial markets operate in an interconnected ecosystem where capital flows between asset classes based on macroeconomic trends, investor sentiment, and risk appetite. One such dynamic involves the movement of funds from traditional markets like the **Dow Jones Industrial Average (DJI)**—a barometer of blue-chip stocks—to emerging asset classes such as **cryptocurrencies**. This phenomenon can often be analyzed using **Fibonacci retracements and extensions**, which serve as powerful tools for identifying key support, resistance, and potential price targets during shifts in market momentum. #### 1. **Market Sentiment and Capital Rotation** - The DJI represents large-cap equities that are heavily influenced by institutional investors, central bank policies, and global economic conditions. When these factors trigger volatility or uncertainty in traditional markets, investors may seek alternative investments with higher growth potential or hedging properties. - Cryptocurrencies, known for their decentralized nature and high volatility, attract speculative capital during periods when confidence in traditional assets wanes. For instance: - During bearish trends in the DJI, characterized by falling prices and increased selling pressure, some investors might reallocate portions of their portfolios into cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH). - Conversely, bullish trends in the DJI could signal improved risk appetite, prompting a portion of crypto gains to rotate back into equities. #### 2. **Fibonacci Retracements: Identifying Key Levels** - Fibonacci retracement levels are derived from the Fibonacci sequence and are widely used in technical analysis to predict areas of support and resistance. These levels (e.g., 23.6%, 38.2%, 50%, 61.8%) help identify potential turning points in price action. - In the context of money flow from the DJI to cryptocurrencies: - A significant decline in the DJI could lead to a pullback to Fibonacci retracement levels (e.g., 38.2% or 61.8%). At these junctures, traders may reassess their positions and consider diversifying into cryptocurrencies. - Similarly, after a sharp rally in cryptocurrencies, prices might retrace to Fibonacci levels before continuing upward. Investors exiting equities due to underperformance might view these retracements as entry points for digital assets. #### 3. **Fibonacci Extensions: Projecting Price Targets** - While retracements focus on corrective moves within a trend, Fibonacci extensions project potential price targets beyond the initial move. Common extension levels include 127.2%, 161.8%, and 261.8%. - In scenarios where money flows out of the DJI and into cryptocurrencies: - If the DJI experiences a prolonged downtrend, its losses could coincide with outsized gains in cryptocurrencies. Fibonacci extensions can help forecast how far crypto prices might rise amid this influx of capital. - For example, if Bitcoin breaks above a key resistance level following a surge in inflows from equities, traders might use Fibonacci extensions to estimate future price milestones (e.g., $100,000 or $200,000). #### 4. **Psychological Drivers Behind the Transition** - Fibonacci levels resonate with traders because they align with natural human tendencies toward symmetry and proportion. This psychological aspect amplifies their relevance when analyzing cross-market dynamics. - As money exits the DJI and enters cryptocurrencies, Fibonacci-based trading strategies provide a framework for understanding how participants perceive value across different asset classes. For instance: - Institutional investors exiting equities might anchor their decisions around Fibonacci-derived thresholds, ensuring disciplined entry and exit points in volatile crypto markets. - Retail traders, who dominate much of the cryptocurrency space, also rely on Fibonacci tools to time their trades, creating self-reinforcing patterns that influence overall market behavior. #### 5. **Case Study Example** - Imagine a scenario where the DJI drops sharply due to rising interest rates or geopolitical tensions. The index falls from 35,000 to 30,000—a decline of approximately 14%. Traders observe Fibonacci retracement levels at 38.2% ($31,900) and 61.8% ($33,100), expecting temporary bounces at these levels. - Simultaneously, Bitcoin rallies from $20,000 to $30,000 as investors seek refuge in digital gold. Using Fibonacci extensions, analysts project further upside to $38,200 (127.2%) or even $48,500 (161.8%), attracting additional capital from equity markets. #### 6. **Conclusion** - The interplay between the DJI and cryptocurrencies highlights the fluidity of modern financial markets. By leveraging Fibonacci retracements and extensions, traders can better anticipate shifts in money flow and position themselves strategically. - Whether driven by macroeconomic headwinds, technological innovation, or evolving investor preferences, the migration of capital from traditional indices like the DJI to digital assets underscores the growing convergence of old and new finance. Fibonacci analysis serves as a bridge, offering insights into both the timing and magnitude of these transitions.
CRYPTOCAP:TOTALLong
by bitcoin
Bearish drop?The Fiber (EUR/USD) has rejected off the pivot and could potentially drop to the 1st support, which acts as an overlap support. Pivot: 1.1457 1st Support: 1.1372 1st Resistance: 1.1534 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
AMD Projection and Entry PointThis is speculation just like before, which played out very well so this is me having another shot at it. Going off of the prior cycle AMD went through and comparing it to the one it's currently in, you can see a lot of similarities. Learning from it's past and seeing how it likes to react to certain Fib levels, you can see that the 76.40% has been respected as a major level of resistance which resulted in its short retracement back in June '23 , It also acts as a very strong level of support as shown in August '24. Assuming AMD rejects at the current 76.40% level again, using the prior 76.40% you can see it aligns perfectly with the golden ratio I have setup as my buy entry. It all lines up too perfectly that in my mind, I'm certain it will play out. But of course it's all speculation, and the markets do as they please.
NASDAQ:AMDLong
by BortTA
1