#NEAR/USDT Ready to go higher#NEAR
The price is moving in a descending channel on the 1-hour timeframe and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.70
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.90
First target 5.46
Second target 5.83
Third target 6.32
Demand Zone
XAU/USD Analysis (1H TF)The price has reacted strongly from the 1H Demand Zone, aligning with the broader bullish structure and multiple Break of Structure (BOS) confirmations. However, the key question is whether this zone will hold or fail, driving the price towards the lower 4H Demand Zone for a potential reaccumulation in the 1H. 👀
Current Observations:
Shift and BOS Confirmations: The recent structure shifts indicate bullish momentum.
Short-Term Target: Price is hovering near $2706, with a potential move towards the previous high near $2724.
Demand Zones in Play:
- 1H Demand Zone: Holding for now.
- 4H Demand Zone: Positioned below, providing a stronger area for mitigation if the current zone fails. (confluence with another unmitigated 1H demand zone)
What do you think, team? Will the demand zone hold, or are we looking at a retest of the lower demand zone? Share your thoughts below! 💡
POSSIBLE BEARISH MOVEIn this analysis we are analyzing 2H time frame for gold. Today I'm looking and expecting downside move from the key level (2680 = 2690). Because as we know that market external trend was bearish and also price rejected 2700 area which is act like a resistance. Let's see what happen. Just wait for price when it comes into our zone take confirmation and trigger your trade.
Always use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
#GOLD 2H Technical Analyze Expected Move.
Procter & Gamble (P&G) Overview and AnalysisProcter & Gamble (P&G) is a global leader in consumer goods, offering a wide range of household, personal care, and health products. Their iconic brands, including Tide, Gillette, Pampers, and Olay, have made them a household name worldwide.
1️⃣ Past Performance: In their last two earnings reports, the stock jumped by ~12% after strong results.
2️⃣ Current Price: The stock has dropped to a key support level ($159), attracting buyers at a discount.
3️⃣ Upcoming Earnings: Set for January 22, 2025—a potential catalyst for movement.
4️⃣ Outlook: Analysts predict a price target of $209 by year-end, highlighting strong growth potential.
GBPCAD BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Gold View for Jan 2nd week (CW2)Gold is consolidating for some days.
Here is the view for educational purposes
Buy zone is marked between 2605 - 2618. It will be low probability area. So wait for the confirmation before entry.
Two Sell zones are marked. 1st zone is marked between 2677.98 - 2692.68
Second one is marked between 2699.79- 2720.31
Trade after the confirmation.
GBP JPY Trade Idea Jan second weekGBP/JPY is currently in an uptrend on the weekly timeframe and is moving towards the liquidity zones around 197.5 and 198.9.
A buy entry has already been triggered, and there is a plan to scale in with another buy entry between the levels of 194.623 and 194.197.
For precise entry, use lower timeframes such as 15 minutes and 5 minutes to identify buy-side opportunities.
This idea is shared purely for educational purposes.
AMD Daily and Weekly Supply and Demand Zones! Some people are thinking there is a bottom for AMD but I still don't see enough for me to think it's at the bottom. I would love for price to break back to $119.21 and retest it for support to go towards $129.07 and fill those gaps on the Daily. If price breaks that $114.16 zone, seems like price would want to go back to $106.09.
Nat Gas: Heating Up into the WinterBrief Overview on Natural Gas
Natural Gas is a commodity generally traded on the premise of weather forecasts indicating cooler or warmer seasons. This allows traders to speculate on demand for the product as it generally trades higher with cooler temperatures. Today we are looking at the weekly chart.
Thesis: Technical Analysis Pointing to a Bounce
This analysis is mainly focused on the lasting demand zone that Natural Gas time and time again respects and typically bounces from. The weekly chart points to the likelihood that the R/R is favorable for a long position at these levels in the 2.20's. Not only do we see NG tap back into this heavy demand zone, but we also can see a Cup & Handle on the weekly chart signaling potential greater upside.
Demand Zone offers strong R/R as it dips back in to these levels.
Cup & Handle can represent even further upside, but will rely on the initial rebound to prompt the possibility of it playing out.
There is also a trendline (not pictured) that is supporting the current bounce we are seeing today from the 2.18/2.19 level. It is important to note that the commodity has been seeing higher lows since the Spring.
Lastly, a tap of fundamentals play into this idea as well. Though winter demand is always priced in, this year forecasts have repeatedly painted the picture that this winter will be historically mild. Due to these forecasts implying less seasonal demand for Nat Gas, a shift in the shorter-term and more accurate models as we approach the winter season will sharply move the price of Nat Gas and represents that the current price is truly pricing in a very mild winter. This basis supports the idea of great R/R on this LONG trade idea.
Disclosure
I am currently in a long position in Natural Gas after entering on the Friday (10/18) Close
My position includes: AMEX:UNG Credit Spread 13/12P , AMEX:BOIL common shares
If this thesis holds up, I would plan to roll my credit spread contracts into further expirys
Thanks for reading!
Not Financial Advice
GBPUSD CRAB PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
GBPCAD - Now Follow the Bulls!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per our last GBPCAD analysis, attached on the chart, it rejected the red circle and traded lower.
What's next?
📈 GBPCAD is currently approaching the lower bound of the channel.
Moreover, the blue zone is a strong demand.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue demand and lower orange trendline.
📚 As per my trading style:
As #GBPCAD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin - A quarter of a million dollars - is it possible?Good Morning, Good Evening!
A new year brings new candles, new opportunities and new challenges. I decided to write down my new thoughts and, where appropriate, reflect on my previous analyses.
Naturally, my primary focus is on the asset that leads the cryptocurrency market – Bitcoin.
I must mention that I am not someone with formal education in this field. I am self-taught, placing a strong emphasis on using Technical Analysis as the main component of my decision-making process. This stems from my belief that although the chart is difficult to read, it largely allows for the interpretation of the hidden intentions of "smart money." I want to stress that the following words reflect only my personal point of view, which may not be correct, and that this publication is by no means investment or educational advice as understood by any law regulating such matters. I simply intend to ramble about topics I don’t fully understand.
Background
Since its inception, Bitcoin has been in a continuous long-term upward trend. Throughout this time, there have been four minor reaccumulation structures and four major ones, occurring chronologically. Each structure has taken progressively longer to form, and the upward trend has been gradually flattening over time.
Technical Analysis and Thoughts
In this analysis, I will apply tools from volume analysis, Wyckoff methodology, Volume Spread Analysis (VSA), and Elliott Wave Theory.
At the beginning, I will refer to an analysis I published about a year and a half ago on this platform: "Comparative Analysis of BTC," 24.09.2023 (links attached).
Looking back at my previous analysis, I see that my reasoning and chosen tools were correct. As is often the case in attempts to master the market using Technical Analysis, the price action deviated from the expected scenario. However, the primary trend remained intact.
I missed certain key structures, such as the Spring, which I would interpret differently today. But I will get to that later.
The key resistance levels, derived from price structure and Fibonacci extensions, appear to have been recognized by the market. The price stalled just below the resistance level at 2.618, an extension based on the Spring-Buying Exhaustion range from 2015 and 2017/2018 reaccumulation phases.
Similarly, the external measurement of 1.618, calculated from the 2017/2018 Spring to the 2021 Upthrust, was respected by market participants. Both levels align perfectly with significant price points.
I mentioned that today I would approach the topic differently. This is due to the revealed market structure (it's always easier to analyze when you can see everything, right? 😉) as well as the experience I've gained by continuously expanding my analytical horizon.
Looking at the latest high-order reaccumulation structure (December 2021 – March 2024), I realize I made an error in my interpretation. The overall price action indicates a lack of supply around the $16K level.
Interestingly, BTC/USDT on Binance shows significant accumulation, which I deduce from Bag Holding candles.
The core point of my argument is that I have witnessed the formation of a large accumulation structure, whose elements align with the Wyckoff methodology. The market behaved as expected based on this interpretation.
One particularly important element is the Last Point of Supply (LPS), represented by the March 2024 – November 2024 reaccumulation phase. I discussed this process in detail in my September 6, 2024 publication titled "Bitcoin – Technical Analysis."
The ~250-day trading range, during which the price was stuck, allowed Smart Money to accumulate assets from those willing to sell. Despite the temporary stagnation, which I currently observe, the upward trend will likely continue.
The strength of this trend is confirmed by the use of volume-weighted average price (VWAP) anchored to the Test of Phase C, according to Wyckoff's methodology.
When analyzing the three most recent tests in the three highest-order reaccumulation structures, I observe that the price moves within a channel defined by the second and third standard deviations.
I think that the current sideways structure is a Back Up to the Creek from the latest high-order reaccumulation phase. Its characteristics resemble a reaccumulation phase.
At this stage, I am unsure whether this structure will directly lead to a breakout to significantly higher price levels, or whether it will result in an Upthrust of a higher-order structure, followed by another Spring.
The structure shows declining volume and several Bag Holding candles, marked with green arrows on my chart.
The Upthrust does not exhibit distribution characteristics but instead suggests a lack of demand.
The candle marked with a question mark is interesting due to its dual nature. However, upon closer examination of the 4-hour interval, it appears to be an Upthrust of a lower-tier structure, aimed at absorbing supply.
I want to highlight the relationship between the Test of Phase C and the structure forming along previous peaks.
Considering the two most recent reaccumulation phases, the situation is as follows:
I do not take into account overly optimistic price movements that exceed the 8.0 external retracement level, due to the flattening of the global trend over time.
Instead, I consider more realistic targets based on Fibonacci levels, such as 3.618 and 2.618 extensions, indicating a price range between $170K and $230K.
In my September 24, 2023 analysis, I mentioned $240K as a 3.618 external retracement level measured from March 2020 to October 2021.
Using 1:1 geometry, I estimate that the price could reach around $250K, which aligns with my other methods.
Conclusion of the Analysis
I have presented various methods to identify the direction and potential range of Bitcoin's price movement.
Although it is difficult to pinpoint the exact peak of the trend, the analysis provides sufficient signals to expect supply levels within the indicated price ranges.
Confirmation of a trend reversal would require a high-order distribution structure visible on higher time frames.
Final Thoughts
I have intentionally referred to my previous analyses to maintain continuity and to highlight both successes and mistakes.
The purpose of this reflection is to improve my analytical process by identifying what I did well and where I need to focus more in future analyses.
I believe that Technical Analysis, practiced for over a century, holds a certain beauty and logic. The process of applying it, and reaping its rewards, is an intellectual delight.
Ultimately, the weakest link is not the tool, but the person using it. Therefore, continuous improvement and patience are essential. The chart is the only reliable source that reveals the intentions of Smart Money or Composite Man, depending on the interpretation of market personality.
Thank you to everyone who has taken the time to read my thoughts. I hope you found them insightful, and that your time was well spent.
Wishing you health, perseverance, and successful trades.
May you master the art of recognizing well-formed market structures.
CatTheTrader
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
[Vienmelodic] GBPCHF - 2 Jan 2025 SetupGBPCHF Market structure are still Bullish. Spotted demand area (Green Rectangle). its the first demand area and theres a bullish engulfing candle before the area so its the evidence of strong bullish continuation pattern.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 2 Jan 2025 SetupCADCHF Market structure are now in Bullish structure. Spotted demand area (Green Rectangle) and this area are breaking a new high so it the evidence of strong trend continuation.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 3 Jan 2025 SetupCADCHF Market structure are making Bullish breakout once again. Spotted demand area (Green Rectangle) near our last worked area. this is the second demand area since we already got profits 1:3 on yesterday's setup
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
BTC - Mind the GapVERY IMPORTANT: This is not a prediction in time. In fact, there's a 40-45% chance of one more high in BTC. But, what is pointed out here is the target, whether it turns around here completely or makes a new high.
You would be hard pressed to find a gap that hasn't filled since the inception of BTC futures. There's always a "This time is different" and I've heard every one of them since the inception of this contract.
Gaps are a place in time where the market became extremely imbalanced (assuming the market has adequate liquidity). The market is always looking to find balance, so even if the gap holds for hours or days, it commonly revisits that old price area. Traders like to say “all gaps fill,” but the timing can be erratic. If it takes too long, you might go broke before it closes.
It’s not a strategy by itself—context is everything. After the gap, I watch bar-by-bar follow-through. If momentum is strong, the gap might wait days or weeks to fill. If bars stall and reverse, the gap fill typically starts quickly. When the gap is left behind, it's only a matter of time.
As I said, it is not a strategy in and of itself, so you would be wise to overlay it with other market concepts and the narratives that affect the market you're trading.
One I left on the screen is the dashboard, which pulls over 100 signals from 14 indicators used in many trading systems. This metric sums to a bearish outlook (but it always will at the bottom of a downtrend too, so there is still no silver bullet).
The orange line is predicated on k-clustering, Fibonacci systems, price action patterns, trend rules.
The path is consistent with Elliott Wave Theory. There are other patterns that could develop, such as a prolonged B-wave (as a part of a larger 3-wave configuration rather than the 5 shown), a triangle. or some other pathing.
Timing is hard to predict because time is not a critical feature of price development. Prices and price derivatives are the critical features and from those we can derive levels and paths (patterns). So timing is hard because time is irrelevant to price progression.
...something you're probably not going to be taught anywhere.
PZone PRO ( Zone Buy or Sell )**PZone PRO Explanation**
🔹 **Overview**:
PZone PRO is an innovative trading tool designed to enhance your trading precision and save time. Using patented technology, PZone PRO analyzes financial markets to identify Un-Filled Orders (UFOs) and map these areas on your chart. By leveraging these UFOs, traders can determine precise entry points, stop-loss levels, and targets, providing a strategic edge in trading decision-making.
The PZone PRO indicator helps identify Demand and Supply zones on the chart by marking specific patterns. It searches for patterns such as Drop-Base-Rally and Rally-Base-Rally to mark Demand zones, as well as Rally-Base-Drop and Drop-Base-Drop to mark Supply zones.
🔹 **Key Concepts**:
- **Identifying Key Price Areas**: PZone PRO detects price areas with pending buy or sell orders.
- **Dynamic Visualization**: UFOs are illustrated as green zones (for buying) or red zones (for selling), highlighting potential price reversal points.
- **Precision Advantage**: This tool supports all trading styles (long-term, medium-term, short-term) and is suitable for hedging strategies.
- **Time Flexibility**: PZone PRO can be applied to various timeframes, from seconds to monthly intervals.
- **Benefits for Options Traders**: It aids in determining the ideal strike price and zones for selling out-of-the-money options.
🔹 **Key Features**:
- **Automatic Zone Analysis**: Assists in identifying Supply/Demand zones with accuracy.
- **Timeframe Flexibility**: Usable across various timeframes.
- **Customizable Colors**: Fresh zones and retested zones can be assigned different colors.
- **Built-in EMAs**: Includes 5 EMAs – EMA 200, 100, 50, 20, and a daily EMA 9 (adjustable as needed).
🔹 **Final Note**:
Trading carries high risks, and past performance does not guarantee future results.
PZone PRO helps identify hidden market opportunities but should be used with a solid understanding and well-thought-out strategy.
Resistance and support zonesI drew these support and resistance zones or supply zones and buy zones that I think are good places to put sell positions and buy positions when price does touch these areas, the timeframe is 1 hour so these should be pretty respected zones and great areas to sell and buy from.
BALAMINES: SUPPORT & RESISTANCE TRADINGBalaji Amines has been trading in a consolidating zone for an extended period, oscillating between well-defined support and resistance levels. This range-bound behavior reflects a lack of decisive directional movement, but also offers an excellent opportunity for range-based trading strategies.
Technical Analysis:
The stock has recently touched its support level for the 7th time, indicating a strong demand zone at this level.
The repeated testing of support without a significant breakdown strengthens the case for a potential bounce.
Key support: ₹ 1990-2000
Key resistance: ₹ 2441-2550
Trade Setup:
Entry: Near the support level around ₹1990-2000.
Target: ₹2441-2550, the upper boundary of the consolidation range.
Stop Loss: Below the support level, to minimize risk if the support fails.
Disclaimer: This analysis is for educational purposes only. Conduct thorough research or consult a financial advisor before making trading decisions.