Chart Patterns
Polkadot Dot usdt Daily analysis
Time frame 4hours
Risk rewards ratio >2 👈👌
Technical analysis base on Eliot waves
The correction 3points (ABC) Eliot waves has finished ✅️
Now, I think, impulse Eliot waves starts . (1-5)
I designed the fist impulse wave on the first branche of main Eliot waves. ✅️
If this analysis happens, we will have a unbelievable alt-season. 🎅💥💥🎅
What's your analysis? 🤔
Do you think impulse wave is started?🤔
XRP drop to $1.10 in Jan 2025 and pump to $3.35 in Apr 20251. Understand that the market makers (manipulators) will not easily allow you to be rich 😁. You have to beat them to understand their script and algorithms. So, $27 may not come that fast. Maybe not even in Q1'25
2. The big movers look at quarterly performance. To me we are not at a similar trend as 2017/2018 moves. But, worth comparing against it.
3. Now look at 2017, it was a 1000% move on the first 3M candle in Apr. Then the 2nd 3M candle had a 50% drop in July. Another pump came in Oct with a 800% move.
4. Now, if you simulate the same movements, in Oct'24 we had a 261% move. If there is a 50% drop, it will take XRP to $1.10 in Jan'25. Then another conservative pump of 200% in Apr'25 will take XRP to $3.35 . Then a 77% move down similar as 2017 will take XRP to $0.74 in July 2025.
However, note that our first pump in Oct'24 did not even touched an overbought RSI of 96, it only touched 75. This is why I feel we cannot look past trend, something new is going to happen and XRP has more to come.
Not financial advice - but hang in there 😉
QKCUSDT: Massive Volume is ComingDaily Volume: The daily trading volume of QKCUSDT has surged by 105%. Despite this significant increase, buyers remain inactive.
Key Points:
Blue Boxes: Highlight potential areas where buyers may become active.
Stop Areas: Marked with red line.
Conclusion: While the volume increase is a positive sign, the lack of buyers suggests caution. Monitor the blue box areas closely for potential buying activity and be mindful of the stop areas to manage risk effectively.
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
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TCS | Short | STBTTCS had formed a beautiful H&S pattern and the neck line was decisively broken last week.
Today, the first hour candle has decisively rejected that zone and hence, I'm confident that the next lower swing would be tested.
There could be a minor bounce from the 200 DMA at 4121 level.
However, I will hold it till 4055 level.
SL would be today's high.
Electric Vehicles: The Top Trends to Watch in 2025Trump's friendly relationship with Elon Musk, combined with the potential continued market focus on electric vehicles and the automotive sector next year, is worth keeping an eye on. Currently, Toyota's stock in Japan is showing signs of a technical rebound, and the Toyota ADRs listed in the U.S. seem to be gearing up for a bottom breakout.
Aave- classic elliot - target - 215It's like taking candy from a baby folks. This is classic elliot 5th wave coming and its trending to the highside of 1.68. LFG.
Aave is one of the few coins with real utility. I use it, and love it, have you tried leveraging?DefiSaver is a better interface that links up with major crypto currency leveraging platforms like AAVE also suggest trying them out. If you haven't already. DO IT!
USDJPY 15min ChartThe price is testing resistance near 156.400. A bearish reversal could send it toward the key demand zone at 154.500.
A short-term rejection is anticipated, followed by a lower high before resuming the bearish trend.
The critical target lies near 154.500, a significant support level where buyers may regain control.
Bullish bounce?The Swissie (USD/CHF) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 0.8868
1st Support: 0.8775
1st Resistance: 0.9019
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.
GBPAUD sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Could the price reverse from here?The Gold (XAU/USD) is rising towards the pivot and could reverse to the pullback support.
Pivot: 2,673.21
1st Support: 2,556.21
1st Resistance: 2,719.79
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.
Heading into overlap resistance?The Silver (XAG/USD) is rising towards the pivot and could reverse to the 1st support which acts as a pullback support.
Pivot: 30.21
1st Support: 28.02
1st Resistance: 32.08
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.
Dow Jones Trend Day Setup 5* OpportunitiesMy goal going forward into 2025 is to only trade the Parabolic Trend trades and to master them. They happen roughly 5-8 times per month. Just catching 1 of these per month is all I need. Using 3% risk per one of these setups can deliver 15-20% gains.
The universal entry criteria is the 5 minute close back inside the 20sma.
The timeframe for entries are either 1 hour before the open, the open, and 1 hour after the open.
Profit targets are generally until the close or a range expansion target of 1-2 times the Asia/London box.
Below are multiple charts of the same setup with the green box being the ideal entry.
If I can only trade 1 trade PER MONTH, this is what I will focus on.
AAVE/USDTKey Level Zone : 283.76-296.03
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
12/22/24 Weekly Watchlist + NotesAMEX:SPY - Huge sell off across the board from FOMC news on Wednesday. SPY sold off down through previous Broadening Formation range reclaiming previous downside pivot just below 684. So with that in mind, we expand out of the BF below that pivotal low, or come back through range above it. With SPY currently setup to potentially go 3-2 daily, we look to see whether fridays high or low gets taken out. Being above the pivot at 684, we are looking to come back through that BF range and make new ATHs as of now. Of course this can all change depending on whether our W is green or red, but for now we are closer to making a daily HH than a LL. With Christmas being this week, the markets close 2 hours early on Tuesday, and re open on Thursday. Being a short week like this, we need to be extra cautious as there will be lower than normal volume, and simply less time for the weekly candle to form, so expectations on a large move this week as most seem to be predicting, may not happen for the prior reasons. Personally will not be trading Tuesday and possibly not at all this week if I don't see absolute A+ setups.
Watchlist:
Bullish:
NASDAQ:NVDA - Pot. 1-3-2U Daily to trigger failed 2D hammer week. Swept BF lows this past week. Looking to come back through range. This is a big name for the markets, so I expect that if the markets are recovering, this will lead the way or follow with it
NASDAQ:MU - 2-2U reversal potential daily to target gap fill from ER. We took out weekly BF mag on friday, hitting exhaustion levels after finally escaping the motherbar it was stuck in for the last 11 weeks. One side gets toasted, magnitude is hit for W and M. All the ingredients for a big recovery. Only issue is being stuck in last weeks range
NASDAQ:PLTR - potential 3-2D for a simultaneous weekly 2-1-2U trigger. Nuclear green on all TFs. Slight room to go to target ATH again, but mainly looking for the weekly inside up measured move, meaning if we go 2-1-2U, we can expect the same move up as we had in the week prior to last weeks inside bar week.
Cruise Lines: NYSE:CCL + NYSE:NCLH Weekly hammers. NYSE:RCL Not a clean weekly AS, but similar daily to other names in the industry.
Bearish:
NASDAQ:TSLA - 3-1 4Hr to trigger MoMo shooter Daily to trigger Shooter Weekly 2-2. Daily PMG to target from ATH Exhaustion. (Big green day for most names Friday, why was TSLA so bearish with such relative strength lately?)
NASDAQ:AVGO - Shooter 2U Day to trigger 2-2 shooter week. Huge gap up from earnings. Looking to attack the gap.
NYSE:KO - MoMo Shooter 2D day to trigger 2-1-2D week. Having issues making range lately, but daily BF is targeting lower still, and weekly 2-2d has yet to be negated. Inside week will confirm more downside to target our BF magnitudes on the D and W, or it will be negated by a 2U week. Simple plan here. Short under prev week low, exit if back above.
NYSE:UBER - MoMo shooter 2d Weekly to reconfirm M 2D and Q 2U going 3. Check Monthly for the BF. Wanna see continuation lower to Q mag at 54.84. No daily AS but 3-1 4HR. May be a slower mover on the list. Basing all my decisions on the weekly as the momo shooter should simply just trigger and work
#202451 - priceactiontds - year end special - daxGood Evening and I hope you are well.
dax xetra - outlook 2025
comment: We look at the chart from the beginning of the current bull trend in 2022-10. Dax has gained 71% while German GDP is now negative for two consecutive years. The bull trend has 3 clear and big legs up. The upper and lower trend lines were respected and we have seen an acceleration upwards in the last leg. This is not the start of a new and stronger one but the climactic ending which traps the weak & late traders. These are the people who started gambling with Bitcoin as it hit 100k because they wanted some of that fairy dust.
A healthy correction would be around 20% which is very close to the 50% retracement of this whole trend, the 2023-11 previous ath and the big bull trend line from the Covid lows. More than enough magnets to test down to that price around 16000. How will we get there? Absolutely no idea and all of my drawings with a potential wave series, are just rough guesses how I think it could potentially play out. Sometimes those are accurate and other times they are way off. It’s a good habit of anticipating what markets could do and take the trade if they do it.
Final thoughts. Buying the dax above 19000 hoping for a new and stronger trend upwards because surely this time it’s different, is as unwise as can be if you want to invest your money. Meaning buying and holding or trading on a daily/weekly chart. The odds of this breaking above two major trend lines while we already made 70%+ without any meaningful correction, are so slim that the only reason your are doing it is because of FOMO.
current market cycle: Bull trend of the past two years has likely ended and new lows below 18780 will be the confirmation.
key levels for 2025: 16000 - 20000 (decent chance we will see 20000 only in the first couple of weeks and then only in a couple of months or years again)
bull case: 2 years, 70%+. What more can you dream of? No matter how you draw your technicals on the chart, you can only see this as bullish, if you think we can break strongly above the two upper trend lines and go for 25000 or more. That is trading on hope and nothing else. If you have bought any dip the past two years you were never wrong and that is why we have so many articles about “this time it’s different”. In a bull trend, everyone is a genius. I can not come up with any legitimate reason why this should go meaningful above 20600. The absolute best I can do for this section is that we will likely see a lot of sideways price action at the big magnets. 19000 will be the first over the next days/weeks and at this point, we can’t expect the bulls to just give and let the market melt through those prices. BTFD mentality has been profitable and it will take a while or a huge drop, before it ends and we shift to STR (sell the rips).
Invalidation is below 14600. Below that price, an event has happened or is happening. For now it’s unreasonable to ever think this market could see prices below 12000 again.
bear case: Peak bullish sentiment and option positions over the past weeks can only go on for so long before the market reverses big time. It’s perhaps because there is literally no one left to buy because everyone and their dog went max long. The chart is clear and the downside risks are much greater than any coke-induced perma-bull argument on why the markets will break higher another 10-20%.
Bears short term targets are the weekly 20ema near the small bull trend line around 19000. There we can probably expect more sideways movement before we get another impulse down to the huge support around 17700. My chart is a best guess about price but the timing could be way off. My biggest target for 2025 is the 2011-11 previous ath 16290, which is very close to the 50% retracement of this bull trend. There is also the big bull trend line from the Covid low and I expect this to be tested in Q1 or Q2 2025.
Invalidation is above 20700.
short term: The year end rally could give us another new ath or lower high. It does not matter because the upside will probably be very limited. My highest price is 20700 give or take. I fully expect 19000 to be hit over the next 2-6 weeks.
medium-long term: Any short near 20000 is reasonable if you can hold for another 1000 points higher. 17000 is much more likely than 21000 though. My first target for the next months is 19000, followed by 17700ish and ultimately down to 16000-16300 in 2025.
current swing trade: None but I think any short ETF, levered or not, is reasonable. Short term is 19000 and medium term (2-5 months) is 17000-18000.