Chart Patterns
DXY bulls are enjoying the moment. But for how long?Yes, the positivity is coming in for DXY bulls, but is it just an illusion? Stick around and let's take a quick look.
TVC:DXY
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GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?!
NASDAQ:GOOG NASDAQ:GOOGL
In this video, we will review 3 key items that give us the best probability of predicting where they will go.
1⃣ See if it meets my "High Five Setup" trade strategy
2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP!
3⃣ Look aHEAD to find out 👇
Video analysis 4/5. Stay tuned!🔔
Like ❤️ Follow 🤳 Share 🔂
Is this MAG7 name finally going to play catchup to its siblings? Drop a comment below.
Not financial advice.
$VKTX is about to FEAST! Don't miss out on this BioTech trade. 🚀 Here it is: Your Free Saturday Setup! 🚀
Just as promised, here is a detailed video analysis on NASDAQ:VKTX Viking Therapeutics! 🧬 This trade meets all the criteria of my "High Five Setup" trading strategy, backed by solid technical analysis. Also, it has the potential to return over 100% on your capital deployed.
With more probabilities on our side, the likelihood of success is through the roof! 📈💥
Check it out, and let’s ride this wave together! 🌊
Stay tuned for more insights! 🔔
NFA
#Trading #StockMarket #Biotech #Investing #HighFiveSetup
US500 SPX Technical Analysis and Trade Idea👀👉 The US500 has recently faced selling pressure, which could offer opportunities for short-term traders. In this video, we’ll break down the price action, assess the current trend and market structure, and look at potential counter-trend buy and sell setups during the retracement if the price action develops as anticipated. Risk Disclaimer: Forex trading carries significant risks, and market conditions may change suddenly. This content is for educational purposes only and does not constitute financial advice. 📉✅
WTI Oil H1 | Bullish uptrend to extend further?WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 71.38 which is a pullback support that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 38.2% Fibonacci retracement levels.
Stop loss is at 70.55 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement level.
Take profit is at 72.65 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Silver H4 | Potential bullish bounceSilver (XAG/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 32.16 which is a pullback support.
Stop loss is at 31.75 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 33.19 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
UK100 H4 | Rising into 61.8% Fibonacci resistanceUK100 is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,231.90 which is a swing-high resistance that aligns close to the 61.8% Fibonacci retracement level.
Stop loss is at 8,260.00 which is a level that sits above the 61.8% Fibonacci retracement level and an overlap resistance.
Take profit is at 8,168.78 which is a swing-low support that aligns close to the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bitcoin and Crypto US Election Day Forecast and Bullish TargetsHi everyone,
In this video I break down how my Bitcoin forecast over the last few weeks has been playing out (nearly exactly) and where we likely go from here...
I think Bulls are in control, and we'll see Bitcoin at ATH to $80k in the coming weeks...
We review an article form POMP today, saying that who wins the election isn't really that important, and showing very bullish outomes after every previous election cycle...
But I do think a Trump win is likely, and will propel Bitcoin higher faster.
We look at the DXY and how that's rolling over nicely here, potentially taking us to "Bitcoin Rally Zone" and even the Vall-halla "Bitcoin Super Pump Rally Zone" where prices can really PUMP!
I'm hearing more and more people talk about an early left-translated cycle and parabolic blow-off top by the end of THIS year, followed by an everything bubble bursting and deflationary bust.
This is where a Trump win could save the long-tail of the 4-year cycle, by saving the economy.
If nothing else, a Trump win would be more pro-crypto because it's not jus him but a very pro-crypto cabinet with RFK, Elan Musk, Cythia Lummis, and more.
But we're not here to talk about politics!
It's the markets reaction to the news, that matters.
I've said 100 times THIS year and EVERY year... "Show me the charts, and I'll tell you the news".
Lastly, I review my now Top 11 factors that could push Bitcoin to $100, $150k, and even $200k.
And the charts showing the same... Interesting that the 1.618, 2.618, and 3.618 almost perfectly align with $100k, $150k, and $250k.
I also show how these targets can be achieved by measured moves of the Bitcoin Bull-Flag breakouts, using 2 different scenarios.
Let me know what you think below, and as always would appreciate a like, tip or share with someone you like in the crypto world!
I we can get to 100 likes, I'll do more of these on a regular basis.. and do an end of week post-election breakdown.
Thanks, and thanks again to TradingView for making this great platform we all use.
Brett Fogle
Moonstream Crypto
Intel - Still Got Another +15% From Here!Intel ( NASDAQ:INTC ) is perfectly respecting structure:
Click chart above to see the detailed analysis👆🏻
For more than two decades, Intel has not been trading in any clear trend. We saw a lot of swings towards the upside which were eventually always followed by corrections, making Intel a very easy to trade stock. After the current retest of support, a move higher will eventually follow.
Levels to watch: $20, $27
Keep your long term vision,
Philip (BasicTrading)
Xrp - This Triangle Wil Double Your Money!Xrp ( BITSTAMP:XRPUSD ) is retesting a major confluence of support:
Click chart above to see the detailed analysis👆🏻
For a couple of years now, Xrp has been trading in a bullish symmetrical triangle pattern. As we are speaking, Xrp is retesting the lower support trendline and also a horizontal support level. It is quite likely, that we will eventually see a breakout above both triangle patterns on Xrp.
Levels to watch: $0.5, $0.6, $1.0
Keep your long term vision,
Philip (BasicTrading)
SHOPIFY: The next Retail Stock to Take Flight! NYSE:SHOP
🚀 SHOPIFY: The Next Retail Stock to Take Flight! 100% MOVE INBOUND! 🚀
Share this so all retail investors are prepared before earnings next Tuesday!
In this video, we’ll cover:
1️⃣ Fundamental Analysis: A deep dive into Shopify using my Valuation Analyzer.
2️⃣ Massive 3-Year Cup N Handle Pattern: What this means for $SHOP.
3️⃣ High Five Setup: How Shopify meets my proven trading strategy.
You’ve seen NYSE:PLTR at ATHs, and NASDAQ:SOFI , NYSE:HIMS , and NASDAQ:TSLA pushing higher. We’re already in these trades, but staying ahead of the curve and finding the next big opportunity is key. Shopify is that next big opportunity IMO. We’re among the first to the party, and it’s not crowded… YET.
My Mission:
I aim to build a community that empowers traders to find their path and thrive. But I need your help to make this happen.
Here’s What You Can Do:
Share this post and the FREE video analysis I’ll release after the market closes on this company like wildfire. Let’s hit 1k friends and grow this community together!
BUCKLE UP! IT'S A BANGER! 🎆
LIKE IT! ♥️ SHARE IT! 🔁 JOIN US! 📈 BOOKMARK IT!
You are amazing, and I love you all! 🫶
Election Day Trade: GBPUSDToday marks a significant moment in the United States—Election Day—and as traders, we know that market sentiment can be influenced by political events. This morning, I took a strategic position on GBPUSD, entering the trade at 1.29623. With the current price now at 1.30266, the trade is showing promising momentum.
The volatility associated with elections can create unique opportunities. In this case, the British pound seems to be gaining traction against the dollar, likely reflecting optimism or reactions to the unfolding political landscape. The key to successful trading on days like today is staying vigilant, managing risk, and being ready to adjust your strategy based on incoming news and market reactions.
As always, I emphasize the importance of having a solid exit plan. With the market currently moving in my favor, I’m assessing the best points for taking profits while also remaining aware of potential reversals as the day progresses.
What trades are you taking today, and how are you navigating the uncertainties of Election Day? Share your thoughts and strategies in the comments below! Your perspective could spark valuable conversations among fellow traders.
(All Trading Ideas are shared for Educational Purposes. Trade the market at your own risk.)
The most beautiful chart I have every seen on KO!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Comprehensive Technical Analysis: SPX 10-Minute ChartThis SPX 10-minute chart shows a clear intraday shift from a bearish to a bullish trend, accompanied by multiple technical signals. Let’s break down the analysis across different technical components:
1. Trend Analysis:
Initial Downtrend: The session started with bearish momentum as indicated by Put Signals and declining price action. The lower lows created a brief bearish trend that ended with a strong reversal.
Bullish Reversal: The reversal is confirmed by a series of Call Signals after a strong bullish breakout from the previous consolidation zone. The price broke above a significant resistance level around 5,731.94, leading to a steady uptrend.
2. Moving Averages:
Short-Term Moving Average (Orange Line):
This acts as immediate support during the bullish run. The price consistently stays above this line, indicating short-term bullish strength.
The slope of the moving average is steep, reflecting increasing bullish momentum.
Mid-Term Moving Average (Blue Line):
Positioned further below, the blue moving average provides a broader support level. This indicates that the medium-term trend remains supportive of the upward move, showing a well-established bullish context.
3. Heikin Ashi Candles:
Bullish Momentum: The Heikin Ashi candles display a strong bullish pattern with several consecutive yellow candles and minimal lower wicks, indicating reduced volatility on the downside.
Temporary Pullback: A few red candles appear, marking brief consolidation but not a trend reversal. The continuation of yellow candles afterward confirms sustained bullish pressure.
4. Key Signals and Levels:
Entry Long: A long entry signal is observed after the breakout around 5,731.94, which was an excellent point for entering the bullish trade.
Exit Long: The Exit Long signal near 5,776.76 suggests taking profits after the bullish move. This level now serves as short-term resistance.
Support Levels:
Immediate Support: 5,755.43 – A pullback to this level would still align with the bullish structure as long as it holds.
Major Support: 5,731.94 – This level marks the breakout point, acting as a strong floor for further bullish moves.
5. Volume and Momentum:
Although volume is not displayed, typically such strong moves (as indicated by Heikin Ashi and moving averages) are accompanied by rising volume.
Momentum: Bullish momentum remains high, supported by consistent upward price movement and the sustained hold above the moving averages.
6. Resistance and Future Outlook:
Immediate Resistance: The price is facing resistance at 5,776.76. A break above this could open the path to higher levels, potentially testing psychological levels like 5,800.
Continuation or Pullback: If the price breaks above 5,776, we can expect a continuation of the uptrend. However, a failure at this resistance might lead to a short-term pullback to 5,755 or even 5,731.
Conclusion:
The chart reflects a strong bullish reversal with clear signals of upward momentum. Traders should watch the 5,776 level for a breakout confirmation or potential pullback to the key support levels at 5,755 and 5,731. Maintaining the trend above the orange and blue moving averages will be crucial for sustained bullish movement.
2024 Election Day Market AnalysisIn this video, I provide comprehensive market analysis focusing on:
1. Market Structure Analysis
- Examining price action patterns and technical levels for major futures contracts:
* ES (E-mini S&P 500)
* NQ (E-mini NASDAQ-100)
* CL (Crude Oil)
* GC (Gold)
2. Liquidity Pool Analysis
- Identifying and tracking significant areas of liquidity
3. Scenario Analysis
- Pre-Post-election scenarios:
* Potential market reactions to polling data
* Volatility expectations
4. Multiple Timeframe Analysis
- Intraday (short-term) movements
- Daily trends
- Weekly patterns
- Monthly market outlook
Spy Double BottomPattern: Double Bottom
Spy is currently developing a double bottom pattern. Demand zone of 568-567 has giving support for buyers. In order for this pattern to have successful upside momentum we need to see a nice push through 575.50 with a nice hold with consolidation. Also be if we do get that break be cautious 576.91 supply zone created 10-31-24
Thanks Trading View Admin @NicoMuselle for the recognition on my previous TA on AAPL.
Dogecoin (DOGE): Scenarios on Different Timeframes / Elections!Dogecoin is gaining momentum, and we might see another BOS form, driven by the upcoming elections.
The aftermath of the elections will definitely impact the market, but we anticipate a potential upward move followed by a strong downward movement. Keep an eye on the two zones we highlighted!
More in-depth info is in the video—enjoy!
Swallow Team