EURUSD THREE POSSIBLE OUTCOMESWe have a decent weekly range to work with of just over 230 pips. First setup is for price to pullback a bit higher without breaking the previous weeks high targeting the low
Price could also take the previous weeks high for a deeper pullback then wait for price to bearish confirmation to target the low. This setup would take slightly longer to play out than the first.
The last out come is for price to go above the December's high and that would invalidate this setup and I will post my insights if that happens.
Flow with the market and use lower timeframe confirmation if you see a good setup.
Candlestick Analysis
MSFT Fib CirclesNASDAQ:MSFT
Microsoft Fib Circles are showing a good high in this current range and then some consolidation.
In the last zone we did see some consolidation before touching that Fib Circle line, which then led to new highs in the new range.
Looks like we are going to enter into a new range.
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NASDAQ:MSFT
Long trade
15min TF overview
Pair SUSHIUSDT
Buyside trade 2
Fri 3rd Jan 25
6.00 am
Tokyo to LND Session AM
Entry 1.4785
Profit level 2.2573 (52.86%)
Stop level 1.4408 (2.55%)
RR 20.66
The thought process for buyside trade:
Price reached a critical price level along with buyside momentum observed on the 5nin TF. As well as seeing BTCUSDT play out to the buyside on the 30th of December 24, I assumed it was a reflection of directional bias and influence on this occasion for a buyside trade with SUSHIUSDT.
TSLA Fib Pitch FanNASDAQ:TSLA
This chart is so S3XY. Fib Pitch Fan shows many high touch points and consolidation ranges to follow to get an idea of where this stock can really go. This baby can run.
Going back to July of 2020 you can see a candle that has a high of $119.67 and a close of $100.06 and this candle had a nice run up to get there as well. We did see some consolidation after touching the trend line but after went on an incredible run in that range. Once it did break into the range above, the green zone, this stock touched the next trend line with a candle that had high of $294.83 and a close of $293.34. In similar fashion as of now we went above the green zone into the blue zone touching this blue line.
Consolidating in this blue zone right now this stock looks good to break this blue line and make new highs. Above the blue line you can see this range in the blue zone has previous amounts of consolidation but each time you went toward the green zone above to touch that green line. We can break this green line and enter this green zone quickly due to volatility. This stock can enter into new ranges in the green zone not seen before. Volatility could take this stock to new heights and make new trends.
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NASDAQ:TSLA
GOLD (XAUUSD): Bullish Outlook For Next Week Explained
Gold formed a strong bullish pattern on a daily - a cup & handle.
A breakout of its horizontal neckline is an accurate bullish signal.
With a high probability, the market will continue rising next week.
Next resistances - 2674 / 2716
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Long trade
Trade Details:
Trade Type: Buyside (Long)
Asset: PEPE/USD
Session: NY Session
Date: Thursday, January 2, 2024
Time: 1:30 PM
Parameters:
Entry Price: 0.0000204573
Profit Level: 0.0000218437 (6.78% Gain)
Stop Level: 0.0000199433 (2.51% Loss)
Risk-Reward Ratio (RR): 2.7
Buyside trade based on the narrative of the Whyloff method - trending inside the range
MSTR Fib Pitch FanNASDAQ:MSTR
This Fib Pitch Fan really shows the high touch points and low consolidation points. You can see that candle with a high of $543 in November 2024 and then consolidation follows in the blue zone to the green zone we are currently in. Looking back to March 2024, that candle with a high of $200 touches that green line and bounces into consolidation, similarly to what just happen in November of 2024. Volatility is increasing and bullish momentum is here.
Looking at this green zone we are currently in you can we can have a candle with a low of $285.01 and it did not want to break the line below the candle, bounced right from that line.
We can see this stock getting back to the blue zone above the green zone we are in, making the way back to the highs. Going to that new green zone and moving above the blue zone, can make new highs for the stock.
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NASDAQ:MSTR COINBASE:BTCUSD
AAPL Fib Wedge Gann Square FixedNASDAQ:AAPL
Made this Fib Wedge that shows promising touch points when getting to those highs. What stood out to me more was the areas of consolidation consistently showed inside the Gann Square Fixed.
Something to watch is this new area that Apple can go to marked with a "Star"
Watch for the "Star"
Following the past 3 Fibs inside the Gann Square Fixed, a trend we can see is that you touch the high in the range and bounce off into consolidation. I expect to get this range around the "Star"
Once that high in the range is met we can consolidation. I see this consolidation being brief and breaking out of that range soon due to volatility like the previous zone, making new highs.
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NASDAQ:AAPL
COIN Fib Circles Gann FanNASDAQ:COIN
This chart has great trends. Looking at the fib circle on the upward trend you can see each time it went past a new fib trend line of the circle it went back into consolidation of the previous fib. Nice to see that this Fib circle tool works. Using the Gann Fan really helps to view the ranges the stock is in, making new trends and previous trends easier to follow.
The Gann Fan shows we have already bounced off near that blue line while not breaking fully the fib circle range and can go back towards highs, eventually past the IPO price of the stock. The high candle in March of 2024 shows a close of 265.12 and a high of 283.48, this candle touch a trend line on the Gann Fan that is good to follow. I can see this stock touching this line again and then eventually breaking that line to new highs.
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NASDAQ:COIN COINBASE:BTCUSD
XAUUSD Sells - 1/3/25Yesterday, I gave a gold analysis of anticipating price to reach into a Daily FVG in Premium zone and drop from there. I executed sells during NY AM Session this morning to target previous daily lows. I will most likely be expecting more sells next week, however I will be cautious due to NFP.
Long trade
15min TF overview
Buyside trade
Pair SHIBUSDT
Fri 3rd Jan 24
LND Session PM
3.45 pm (NY time)
Entry 0.000022737
Profit level 0.000024069 (5.86%)
Stop level 0.000022561 (0.77%)
RR 7.57
Reason: According to the Whykoff method - Phase D - trending inside the range indicative of a buyside trade.
Continue to hold long positions, target: 2670-2680Bros, as I mentioned in my previous article, gold remains in a clear bullish structure. The recent short-term pullback is merely a consolidation phase to accumulate bullish momentum for further upside. As anticipated, gold retraced to the 2650-2640 zone, reaching a low of around 2650 before rebounding. Currently, gold has recovered to approximately 2658.
In line with my trading strategy, I have already entered long positions on gold. Although I went long slightly earlier at around 2651, it is clear that gold has rebounded as expected, and our long positions are now profitable! Based on the step-like structure of gold's upward trend, there is still potential for gold to continue rising to the 2670-2680 region. Let’s hold on to our long positions and look forward to achieving even greater profits!
Bros, have you followed me to do long gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Don't be afraid of pullbacks, buy gold!Currently, gold's rebound has stalled around the 2665 level, followed by a pullback to a low of approximately 2652. Many are likely wondering how far this retracement might extend.
From the current structure, despite the pullback, gold remains in a clear bullish trend. During its upward movement, gold gained strong momentum, breaking through multiple resistance levels at 2635, 2640, and 2655. Based on this bullish momentum, gold still has room to continue rising, with potential targets at 2670-2680 or even 2695.
It is evident that the short-term retracement in gold is likely a consolidation phase to build momentum for the next upward move. Therefore, there’s no need to fear the pullback. If gold retraces to the 2650-2640 zone, I believe this would present a strong buying opportunity to go long.
Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
"Breakout Alert: NORTHARC Bullish Momentum with Targets of ₹260,NSE:NORTHARC
A Fresh breakout setup for "NORTHARC" with the following details:
Entry: ₹226
Current Price: ₹231.80
Targets : 1st Target: ₹260 (Key resistance zone)
2nd Target: ₹292
3rd Target: ₹340
Stop Loss: Below ₹213 (prior low)
The breakout is supported by rising volume and a bullish candlestick pattern. For optimal entry, ensure if price sustains above ₹231. A move past ₹260 may confirm strength toward higher targets.
UEMS (5148) - PropertyUEMS - Current price : RM1.08
Fundamentally broker house RHB Investment BHD give a target price of RM1.60 (19 OCT 2024 reports). The research house expect demand for property will continue to be driven by :
i) Better economic growth outlook,
ii) Influx of foreign and domestic direct investments
iii) Return of tourist arrivals
iv) Easing of the Malaysia Second Home programme
v) Major instructure developments
Technically there is a Falling Window (Gap Down) on 01 Aug 2024. As such, it may acts as a strong resistance. A breakout above that Falling Window resistance level RM1.10, may propel the share price towards RM1.20 and RM1.28 (52 Weeks High).
Based on ICHIMOKU, price manage to trend higher above CLOUD and CHIKOU LINE crosses up the cloud. This two scenario added more the BULLISHNESS outlook for the stock.
Lets monitor closely !
A breakout above RM1.10 , will trigger a buy signal.
Entry price at RM1.11 and our support will be EMA 50.