Will NVDA Bounce or Breakdown? Key Levels to Watch at $129 and BGood evening Trading Family
NVDA is at a critical point right now—will it bounce back from $129, or are we headed down to $126 (or lower)? Let’s dive into the key levels I’m watching and break down what might happen next. If the market holds up, we could see a solid bounce, but if not... well, buckle up for a bigger drop. No fluff—just some good ol' technical analysis with a dash of Fibonacci and candlestick magic.
If you found this helpful (or just mildly entertaining), give it a like, drop a comment with your thoughts, and hit follow for more updates. Your engagement helps me keep the content coming—and who knows, it might even help NVDA bounce back too!
MB Trader
Trade what you see not what you assume
Candlestickpattern
Top 3 Must-Know Candlestick Patterns for BeginnersGet your cup of coffee or tea ready we are doing a crash course on Candlesticks today
I’m walking you through three candlestick patterns every beginner trader should know—Doji, Engulfing Candles, and Hammers (including the Inverted Hammer). These patterns are super helpful when you’re trying to spot market reversals or continuations. I’ll show you how to easily recognize them and use them in your own trades. Let’s keep it simple and effective.
Key Takeaways:
Doji: Indicates indecision, potential reversals.
Engulfing Candles: Bullish or bearish reversal signals.
Hammer & Inverted Hammer: Bullish reversal after a downtrend.
Trade what you see and let’s get started!
Mindbloome Trader
Forex Vs. Stocks:The "13 EMA System" ChallengesThese past days i have been getting
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Disclaimer: Trading is risky you will lose
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LINK - Three White Soldiers Candlestick PatternIn the weekly timeframe, a bullish candlestick pattern has formed on Chainlink.
The Three White Soldiers are characterized by three consecutive green candles. The higher the timeframe, the more powerful the pattern. We've recently observed an instance of the TWS pattern in the weekly, which was a precursor to a 136% increase:
However, the unfilled wick around $8 remains a concern - but also a potential for buying in / accumulating at a lower price.
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BINANCE:LINKUSDT
$GCT BTO to be a beautiful $30 Strike 9/24 Options @.15 PremiumNASDAQ:GCT With strong fundamentals we know the price distributed to the lowest prices in over a year. It is now cognizable to construe this as a false bear pattern which has quickly evened out into a butting bull play, especially for a very cheap option with possible, exploding volatility which can be on the rise any day.
Look at supply / demand zones, support and resistance zones and the price movements that bring to light the emphatic connection you have with the stock market.
I expect my $30 option to be exercised by about August 29th wherefore, I think it will accomplish its alarming intent. Because, this is the first video I've done on #Tradingview. Moved out of whim, and caprice, I had to furnish my thoughts to make them manifest and foster right in front of me. :D
GBPCAD for Fluffy CatWe ran into some tech issues, and we will work with the live stream provider in the coming week. Anyway, there isn't much for us on GBPCAD.
The Higher-Timeframe, Weekly and Daily chart is showing a bullish trend, however the 4-hourly and 1-hourly chart is on a bearish trend.
Key Resistance level at 1.7634
Key Support level at 1.7467
Given a choice, any of my 12 pairs would be a better fit compare to GBPCAD.
Bitcoin PATTERN - BTC Roadmap to NEW ATHBINANCE:BTCUSDT
👉 Trendline Analysis: BTC has been consolidating directly underneath the resistance zone - BULLISH
👉 Candlestick Analysis: Three white soldiers in the 2W timeframe - BULLISH
👉 Technical Indicator Analysis : Price has cooled down after being "Extremely Overbought", moving averages holds - BULLISH
Technical Indicator Monthly Timeframe:
Technical Indicator Weekly Timeframe:
There is really only one concerning matter, and that is from a potential near term scenario:
❗ Pattern Analysis: Potential for M-Pattern to form, medium risk: BEARISH
The candle closes of the next two weeks are crucial in determining how this pattern will play out.
For further reading, here's the initial Elliot Wave analysis on BTC:
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The Great Wall of 1.0805 Daily Level 🐼Enough to Stop the Risk-Off Sentiment? Daily Level 1.0805 may act as a temporary support level and we may observe a bounce and retracement early in the week here. During the first session of the week, Asian has observed some nice volatility off this Daily support level created on March 1st of this Month. 18 pips bounce already and I anticpate that by the end of New York session we will observe some sort of dead cat bounce after the freefall drop from the prior week. Target for a retracemnet is 1.08279 4hr zone. Retracements are a healthy part of a trending market but we don't have to bounce necessarily. We may very well just cntinue to drop towards our next siginifcant level and clear a 40 pips range down to Weekly Support level 1.0768.
Intro and monthly timeframe 0:0
Weekly timeframe 2:13
3:52 daily timframe
6:29 4hr timeframe
7:49 1hr timeframe
Red Previous Weekly Candle Vs Weak Usd Data🛡️⚔️Hello Traders.. Another new week of trading ahead. No news announcements to kick off the week so expecting some smooth price action. Monday's can move nicely as volatility is typically lower. It's during the end of the week when we observe more aggressive trends and thats when you can really let your winning trades run. Coming out of the Weekly candle closure from last week, we may observe a continuation of bearish momentum towards 4hr zone 1.0873 or the next daily support level 1.08516. We also should consider the weak data that came out for the USD on Friday.. Consumer sentiment and Manufacturing data both missed expectations and the Daily candle for Friday closed Bullish.. In this case we may observe an increase towards extreme level 1.090 flat.
0:0 Monthly Timeframe
1:14 Weekly timeframe
2:30 Daily timeframe
4:10 4Hr timeframe
6:48 1Hr timeframe
Mid-Week Analysis of EurUsd / NFP Week 🛰️Hello Traders welcome back to another Video Analysis of EurUsd.
NFP week typically never disappoints with volatility an big volume moves in the market. Today we observed a nice move to the upside that coincided with the Fed Reserve speech during NY session.
0:0 Monthly timeframe/News/Intro
1:40 Weekly timeframe
3:32 Daily timeframe
5:58 4Hr timeframe
6:41 1Hr timeframe
Initially the 4hr candle closed with no top wick. Price consolidated for an hour prior to the Jerome Powell speech in which we observed solid volume and a 30 pip increase to the upside. We broke the previous Monthly candle's high which is quite bullish. Our next targets for Longs include the next 4hr zone 1.0926 and 1.095 Weekly resistance level. For Shorts we would like to see a break and close below 1.0895 1hr/4hr support zone. From there a retest would be a nice entry as price could retrace back towards our daily level 1.08834 which was our Daily resistance.. and now could act as a Daily support area for further Longs as the week progresses.
Most powerfull candlestick pattern Pulse Pin Scalping Strategy Greetings, traders! 📈 Excited to share with you my latest discovery - the Pulse Pin Pattern! 🕯️✨ This three-candlestick formation is a powerful tool for identifying potential trend reversals or continuation. Let's dive into the details for both bullish and bearish scenarios.
Bullish Pulse Pin Pattern:
In the bullish case, keep an eye out for the following conditions:
Candle 2 Breaks Below Candle 1: Ensure that the second candle breaks and closes below the first candle.
Candle 3 Breaks High of Candle 1: The third candle must break the high of the first candle and close with its body above it.
When these conditions are met, it signals a potential bullish setup. Seize the opportunity by opening a buy trade and setting your stop-loss below the low of candle 2. Aim for a target that is twice the risk for a rewarding risk-reward ratio.
Bearish Pulse Pin Pattern:
Conversely, for the bearish case, watch for the following criteria:
Candle 2 Breaks Above Candle 1: Confirm that the second candle breaks and closes above the first candle.
Candle 3 Breaks Low of Candle 1: The third candle should break the low of the first candle and close with its body below it.
Once these conditions align, it indicates a potential bearish Setup. Capitalize on this by initiating a sell trade and setting your stop-loss above the high of candle 2. Target a gain that is twice the risk for a favorable risk-reward ratio.
Remember, always conduct thorough analysis and risk management before executing any trades. Happy trading! 💹🚀 #PulsePinPattern #TechnicalAnalysis #TradingView #TradeSmart #AHTConcepts
Eur/Usd Top Down Analysis Feb 24'Eur/Usd! The reaction off 1.08927 was quite dramatic last thursday and friday.
Intro/Monthly TF 0:0
Weekly Timeframe 4:05
Daily timeframe 6:29
4hr timeframe 9:29
1Hr timeframe 11:33
Price has retraced and since dipped into a 4hr zone 1.08011. It bounced here on friday and the price action consolidated after that. It is possible that we may observe more sideways movement before another continuation. I liken a continuation for buyers because of sentiment moving out of last week due to cad news. It is quite normal to see a reaction off a daily zone like we observed on thursday and friday and it could very well be just a pullback in an uptrend. Caution however!
Not Financial Advice.
Education Purposes Only.
EURGBP/EURJPY/EURAUD UPDATE! 2/6/2024Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades.
*eurgbp
* Eurjpy
* euraud