Sell GBP/NZD Bearish FlagThe GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2.1994
2nd Support – 2.1920
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Analysis
Tata power, good buy for long term and short term Tata power one of the best best fundamental stock now available at good demand zone one can add in portfolio if not added yet
Can add at levels of 380-405
Sl mclbs 365
Tgt atleast:1:2 & 25% to 100% expecting a blast before a Indian budget
Ask your financial advisor and broker before buying
Only for educational purposes
USDJPY Detailed Analysis And next Week PredictionWelcome to this detailed trading analysis, where your passion for mastering the forex market is truly appreciated. Trading is not just a skill but an art that requires patience, strategy, and perseverance, and by being here, you're already ahead in the journey toward success. Let’s dive into the USDJPY pair, which is currently trading at 157.200. The target price is set at 163.00 to 164.00, offering a potential gain of 500 to 600 pips, making this an exciting opportunity for traders. The pair is following a support and resistance pattern and is currently in a consolidation phase, where the market is preparing for its next significant move. Before reaching the target, we are waiting for a clear bounce from the support level, accompanied by a surge in trading volume, which will confirm the breakout. This setup requires patience and discipline, but the potential reward is worth the wait. Stay sharp, trust the technicals, and remember that success in trading comes to those who prepare and remain committed to their strategies.
Waaree Energies Forms Symmetrical Triangle: Next Steps...?WAAREE ENERGIES is currently developing a symmetrical triangle pattern on its price chart. This technical formation suggests that the stock is consolidating, with decreasing volatility as it approaches the triangle's apex. At this time, the share price has bounced off the lower trendline of the triangle, which is situated at the 2820 price level. This rebound indicates potential support at that level, suggesting that buyers are entering the market. If WAAREE ENERGIES successfully breaks out above the upper trendline of the triangle, we could possibly see a significant price movement, signaling a bullish trend. Traders should closely monitor key levels and volume as the pattern unfolds to capitalize on any potential breakout.
BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with BTC -USDT UPDATE on the 4th of JANUARY 2025 ! Trade closed with a "healthy " profit...
"Inglorious" BTC again ! ;) Well Well Well.... Profit again ;)
Waiting for a new opportunities again...
I do hope you are in profit already... if not... You still got all year to do it ! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
BNB - USDT UPDATE on 4th January 2025...Slowly slowly.... If you are in the trade already than congrats ! If not yet... Be careful & don't rush... Sometimes is a much better to look for something else instead of taking "halfway "trade already...
Don't rush... You still got all year to trade! ;)
PS: printer friendly "KISS" chart... & BTW...leverage *10 on Binance recommended... ;)
ATOM - USDT UPDATE for 4th of January... $ ---- 100%+ already...ATOM - USDT UPDATE on the 4th of January... What happened in the last 4 days ???
Well, account "went" double & plenty of room to go further....
I do hope you are all in the profit already... if not... blame yourselves only ! ;)
PS: printer friendly "KISS" chart
ETHEREUM 2 HR ANALYSIS 🚨 Ethereum 2 Hour Analysis 🚨
Here’s what we’re watching:
📈 Upside Targets:
• TP1:3350
• TP2: 3500
📉 Downside Targets:
• TP1: 3200
• TP2: 3100
So we have to watch out for $3250-$3300 level. If ETH stays below then you can target downside targets and if above then you can target above levels mentioned as TP(take profit)
Keep an eye on key levels and trade smart! 💹
What’s your take? Drop a comment below and share this with your trading crew! 🚀
USDCAD trade analysis / ascending channel + symmetrical triangleUSDCAD got the buy bias. Been checking it for trend indicators, all indicating for buys. As noticeable, it's been slowing down, creating what looks like mostly consolidation. But in the midst of it all, there is most importantly other patterns like an ascending channel and a symmetrical triangle. After combining these ideas, my best guess is to buy. Buy limit is set right above symmetrical triangle pattern with stop loss below the mid-zone of the triangle, and take profit is set right below the current terminal of ascending channel.
Fundamental Market Analysis for January 3, 2025 EURUSDEUR/USD paused its four-day losing streak, trading near 1.02700 during the Asian session on Friday. European Manufacturing Purchasing Managers' Index (PMI) data on Thursday fell short of expectations, which only added to Euro traders' concerns following a soft speech from European Central Bank (ECB) Governor Yannis Stournaras later in the day.
According to ECB Governing Council member Yannis Stournaras, the ECB intends to smoothly cut interest rates until 2025. According to Stournaras, the ECB rate is expected to be somewhere in the neighborhood of 2% at the end of this year. As the Federal Reserve (Fed) will cut interest rates much more slowly than previously expected in 2025, the EUR interest rate differential will widen significantly by the end of the year, putting downward pressure on EUR/USD in the long term. This is in line with the expectations of some analysts who are calling for the euro to reach parity with the US dollar as early as this year.
Pan-European PMI results for December fell slightly to 45.1 against expectations of holding at 45.2. While the data itself had relatively little impact, it helped underscore the growing likelihood that the European Central Bank (ECB) will accelerate rate cuts to support the European economy, even as gasoline prices hit their two-year highs, further confounding Europe's economic outlook.
The only significant data on Friday's economic calendar is the results of the ISM US manufacturing PMI, which is expected to remain at the declining 48.4 reading for December.
Trading recommendation: Watch the level of 1.02500, if it is fixed below consider Sell positions, if it bounces back consider Buy positions.
NVIDIA set to make one more higher high to $165?Technical Analysis:
================
A series of higher highs and higher lows in Weekly Timeframe:
NVIDIA has found support at $132, which previously acted as a resistance area during June, July, and August 24. If the stock continues to rise from this level, we could see another higher high (yellow cap) around $165. Alternatively, a deeper correction toward $104 could still be on the table if the support fails.
Fundamental Analysis:
==================
1) If NVIDIA struggles, it would suggest AI's momentum is waning—which is clearly not the case. This downtrend might simply reflect profit-taking by large traders.
2) The "Santa Rally" is in play, and NVIDIA appears to be on the "nice" list, signaling potential upward momentum.
3) NVIDIA's Blackwell product line is expected to contribute significantly to profits in the next quarterly earnings, potentially providing a substantial boost to the stock.
I bought NVIDIA stock at $145 and plan to hold sell at $160.
#RUNE #RUNEUSDT #THORChain #Analysis #Eddy#RUNE #RUNEUSDT #THORChain #Analysis #Eddy
At your request, dear followers, I'm here with a technical analysis of THORChain (RUNE).
On the daily timeframe, after exiting the trend and the ascending channel, I expect RUNE to have a Sharpe decline to the specified demand area after pullback to the specified supply zone at 5.170 & 5.270.
After this drop to the demand zone, with confirmation, we can enter long positions with a focus on the targets of $10 and $20.
It is also appropriate for spot buy in prices : 2.150 & 2.000
I also invite you to benefit from my Bitcoin analysis...
Bitcoin analysis: ((BTC/USD)): Check the link:
EUR/USD: Key Levels to Watch!EUR/USD stabilizes around 1.0400, with low volumes and a cautious market favoring a resilient US Dollar. The technical setup remains bearish: the 20-period moving average acts as dynamic resistance at 1.0470, while the 100 and 200-period moving averages confirm the downward trend. Technical indicators are weak and lack clear direction, highlighting the absence of bullish momentum. Key support is at 1.0370, with immediate resistance levels at 1.0440 and 1.0470.
Fundamentally, the Dollar benefits from a stronger US economy and expectations of less accommodative monetary policies, while the Euro faces pressure from weak sentiment and uncertain economic prospects in the Eurozone. Key events, such as the Global Outlook Report and the FOMC meeting in January, could increase volatility.
In the short term, the outlook remains bearish with the risk of approaching parity. However, the medium and long term could offer buying opportunities, supported by potential economic recovery in Europe and a weaker Dollar after the peak in US interest rates.
#BTC #BTCUSD #BTCUSDT #Bitcoin #Analysis #DUMP #MarkDown #Eddy#BTC #BTCUSD #BTCUSDT #Bitcoin #Analysis #DUMP #MarkDown #Eddy
It was my mistake to give a big short analysis of Bitcoin before the distribution structure was formed.
Currently, by combining the analytical styles of Dow Theory & Wyckoff Theory with the combination of the classical price action technical analysis, RTM & ICT, we are witnessing confirmation of the market decline, while the majority have a bullish view of the market, having fallen into the trap of the market maker.
Look for a heavy Bitcoin sell position from the marked premium area, don't forget to get confirmation based on your style and manage risk and capital.
My Bitcoin Big Short Setup Targets :
Fundamental Market Analysis for December 31, 2024 GBPUSDThe GBP/USD pair is recovering the previous session's losses, trading around 1.25500 during Asian hours on Tuesday. The pair's growth can be attributed to the weakening of the US dollar (USD) amid a decline in US Treasury bond yields.
The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar against six major peers, remains low around 108.00. The dollar ran into trouble when U.S. Treasury bond yields fell about 2% on Monday. The 2-year and 10-year bond yields were 4.24% and 4.53%, respectively.
The U.S. Federal Reserve announced a more cautious outlook for additional rate cuts in 2025, marking a shift in monetary policy stance. This development underscores the uncertainty over future policy adjustments amid the expected economic strategies of the incoming Trump administration.
The British Pound came under pressure as traders slightly increased their dovish bets on Bank of England (BoE) policy in 2025. Market expectations now reflect a 53 basis points (bps) interest rate cut next year, down from the 46 bps projected after the Dec. 19 policy announcement, during which the Bank of England kept rates at 4.75% with a 6-3 vote split.
Trading Recommendation: Watch the level of 1.25500, if consolidated below consider Sell positions, if rebounded consider Buy positions.
Bearish Flag Breakdown in Nifty 50 – A Shorting Opportunity Bearish Flag Breakdown in Nifty 50 – A Shorting Opportunity
🚨 Entry: Sell at 23,645
🚨 Stop Loss: 24,050
🚨 Target: 22,580
🚨 Risk-to-Reward Ratio: 1:3
🔍 Analysis:
The Nifty 50 has formed a classic bearish flag pattern, signaling potential downside momentum. A breakdown below 23,645 provides an ideal entry point for short-sellers, with a tight stop-loss to limit risk.
With a strong confluence of technical indicators pointing toward further downside, the target of 22,580 aligns with the measured move of the flagpole, offering an attractive risk-to-reward ratio of 1:3.
💡 Tip: Always adhere to your trading plan and risk management strategy. Never risk more than you can afford to lose.
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⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. I am not SEBI-registered. Please consult with your financial advisor before making any trading decisions. Trade responsibly!
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What’s your view on this setup? Let me know in the comments below!
Sell CHF/JPY Triangle BreakoutThe CHF/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation.
Target Levels:
1st Support – 174.00
2nd Support – 173.52
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GOLD XAUUSD IS RECOVERING BECAUSE OF HAWKISH POLICIESThe expert explained that amid persistent inflation concerns, the US Central Bank is expected to be more cautious in its interest rate decisions next year. This is likely to support bond yields and the US dollar, two factors that often reduce the appeal of gold.
Higher bond yields have a significant impact on investment demand for the yellow metal, as they increase the opportunity cost of holding these non-yielding assets. “At the same time, the greenback’s resilience, supported by hawkish central bank policies and strong economic data, makes gold more expensive for buyers holding other currencies. These dynamics could limit gold’s upside potential in the first half of next year.”
🔥 XAUUSD SELL 2625 - 2628🔥
💵 TP1: 2620
💵 TP2: 2610
💵 TP3: OPEN
🚫 SL: 2637