NZDCAD in bearish parallel channelfollowing the DOW theory we can see a series of LHs and LLs in the parallel channel right now the price has also been rejected from Golden Fib pocket .618 which is another indication of a bearish trend with no major signs of reversals currently. A good short setup can be found on 1HR TF with decent RR
Fibonacci
USDCHF SHARK 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.
MSFT Long then Short: Wave 2 and Wave 3MSFT has completed the first intermediate wave 1 of 3 (blue waves) and now with the last 2 reversal candles, I am expecting it to push up in a wave 2 of 3 before coming down again on a wave 3 of 3.
The Fibonacci retracement levels are references for where the price may be rejected as it moves up in this wave 2 of 3.
The black down arrow is where I think it might be rejected.
I am setting this as a "short idea" even though in the short-term I expect it to move up. Reason being that the bigger trend is down.
Harmonious energy flow on ETH/USDT: preparing for a new impulse🔮 Harmonious energy flow on ETH/USDT: preparing for a new impulse 🔮
Today, we are witnessing an important moment on the chart! The price of ETH/USDT has passed the 96% mark of the previous downward movement, which means the exhaustion of the sellers' potential. The harmonious concept of energy flow suggests that a new radial-axial dynamics (RAD) is forming at this stage. This is the point of equilibrium where energy flows from one side to the other, creating the potential for a new trend.
📍 Key levels:
Local support: 3223 is an important benchmark for holding the price.
Local resistance: 3355 is a key zone where the market will determine its further strength.
📊 What do you need to move up? A harmonious flow of energy requires confirmation in the form:
A manifestation of strength in the accumulation phase. This can be seen in the increase in buyer volumes near support.
Confident consolidation of the price above 3355. Only a breakout of this level and its transformation into support will open the way to new heights.
✨ The essence of a harmonious transition: The current forming ROD is the basis for the upward momentum to continue. The current phase of the market indicates the accumulation of energy, which is the basis for further upward movement. The market is now at a critical point where the balance of power is gradually tilting towards buyers.
👀 What to expect next? A signal for active action will be:
Confirmation of the support zone 3223.
Active breakout of 3355 with strong volumes.
Recommendation: Follow the developments in this zone. The next stage, after confirmation of the harmonic impulse, can lead to new heights, especially if buyers take the initiative in the accumulation phase.
🌊 The harmony of energy always guides us! A little more patience and the market will show us where to go next. 🚀
GBPUSD → False breakdown can cause growthGBPUSD is bumping into the support of the local descending channel after a rather strong fall. The fundamental background has changed a bit, which in general gives a chance to the forex market
On the weekly chart the price is testing the strong level of 1.211 against which a double bottom is formed on a global scale. But this does not indicate a change in the global trend, no, it is just a hint of a possible rebound, but we need to watch the price reaction to this area.
The PPI that was released yesterday slightly disappointed dollar buyers, which supported the forex market and we see a small correction.
CPI is ahead, which may also support the market
Resistance levels: 1.2217, 1.235, 1.2488
Support levels: 1.213
If the bulls keep the price above the nearest resistance at 1.2217, it will give the price a chance to strengthen to the nearest resistance or to the channel resistance.
Regards R. Linda!
GOLD → What could trigger a fall?FX:XAUUSD is forming a false breakdown of the key resistance and as a consequence - passes into the phase of realization of the bearish pattern “Wedge”. If the general background persists, the price will be able to update the lows....
On the back of upcoming inflation data (PPI and CPI), traders have reduced expectations of a Fed rate cut to one this year. Forecasts point to a rise in PPI, which could strengthen demand for the dollar and cause a correction in gold prices. However, the weak data has the potential to push gold to $2,705.
Additionally, markets are watching Trump's policies and the possible introduction of new US tariffs, which could affect the dynamics of gold. Despite inflation risks, the metal has corrected from a one-month high, remaining a key hedge against inflation.
Technically, we have a correction forming after a false breakdown. Quite an important phase in the market. If the bears can keep the price below 2675 - 2681, the decline will continue in the short to medium term.
Resistance levels: 2675, 2681, 2690
Support levels: 2667, 2656
At the moment the price is testing 0.5 fibo, on the background of the secondary retest the zone can be broken (I do not exclude a false breakout and consolidation below 0.5 fibo, which will also lead to a fall) and the price will head to the retest of the imbalance zone, which can put pressure on gold. The most likely scenario is a retest of the zone of interest 2675 - 2681 before further decline
Regards R. Linda!
NQ Power Range Report with FIB Ext - 1/15/2025 SessionCME_MINI:NQH2025
- PR High: 20977.00
- PR Low: 20938.50
- NZ Spread: 86.0
Key scheduled economic events:
08:30 | CPI (Core|YoY|MoM)
10:30 | Crude Oil Inventories
Previous session printed volatile swings raising emotional value of participants
- Holding auction inside 21000 range
- Daily print advertising to indecision narrative
- Another AMP temp margin increase for expected economic news event vol spike
Session Open Stats (As of 12:35 AM 1/15)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 372.13
- Volume: 17K
- Open Int: 252K
- Trend Grade: Bull
- From BA ATH: -6.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Daily CLS, Model 2 in the Monthly CLS play, Bullish StructureDaily CLS, Model 2 in the Monthly CLS play
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Bitcoin bull flagIf there is no follow through with the head and shoulders pattern, keep an eye out for this bull flag.
The snap back in recent price action displays strength and a seek for liquidity.
The 2 green boxes are previous bearish fair value gaps. The consequent encroachment for both gaps are marked (green line through center).
Watch for the bearish FVGs to get flipped as support (inversion).
Watch the 0.5 (red line, consequent encroachment of the consolidation range) to get flipped as support.
The final sign that BTC is potentially ready for a markup phase is for the top bearish FVG to get displaced through and flipped as support (inversion).
I have projected a bars pattern of the previous run (bull pole starting in Sept. 2024) to help visualize volatility and a realistic timeframe if it were to play out similarly.
"History Doesn't Repeat Itself, but It Often Rhymes" - Mark Twain
2025 Q1-Q2 Top (projection lined up with April)
Sell in May and go away...
Long - If price pullbacks and form CLS on this level Long - If price pullbacks and form CLS on this level
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
PSX - NETSOLTrade Plan
1. Entry Strategy
Buy Zone: Enter near the current price (158.19) or wait for a retest near 148.86 (0.5 Fibonacci retracement of AB) for better risk-reward.
2. Target Levels
Primary Target (TP1): 173.00 (recent high and psychological resistance level).
Secondary Target (TP2): 190.06 (ABCD pattern completion).
3. Stop-Loss
Place the stop-loss below the 0.786 retracement level (135.27), ideally around 132.00, to account for volatility.
4. Risk-Reward Ratio
Risk: ~26 points (158.19 - 132.00).
Reward:
TP1: ~14.81 points (173.00 - 158.19).
TP2: ~31.87 points (190.06 - 158.19).
R:R Ratio:
To TP1: ~1:0.57.
To TP2: ~1:1.22.
5. Position Sizing
Use a position size that risks no more than 1-2% of your trading capital.
6. Exit Strategy
Partial Profit Booking: Close 50% of the position at TP1 (173.00).
Trailing Stop: Move stop-loss to breakeven after TP1 is reached.
7. Risk Factors
Market sentiment or news affecting PSX stocks.
Broader market trends impacting the technology sector.
Short Idea Based on Fibonacci Levels and Market ConditionsHi everyone!
Analyzing the current price action, we observe that the asset is positioned near the lower end of the 0.382 Fibonacci retracement level. It has reached the top of a descending channel and is beginning to retrace from its local high, signaling potential bearish momentum.
Additionally, Bitcoin currently exhibits a bearish outlook, with a CME gap below the $90k area , which could act as a magnet for further downside. Furthermore, Bitcoin is trading near a significant resistance level, rejected 3–4 times on the 1-hour chart around the $96–97k range. Since Bitcoin strongly influences altcoins, this bearish pressure could spill over into the broader market.
As for ADAUSDT, we can see it forming a descending channel after hitting its local high, further reinforcing the bearish narrative.
Proposed Targets:
TP1: 0.9435
TP2: 0.9070
TP3: 0.8750
This setup is supported by technical analysis, Fibonacci retracement levels, and the overall market structure. As always, ensure proper risk management and confirm this setup with your
own analysis before executing the trade.
Hecla Mining Company Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Hecla Mining Company Stock Quote
- Double Formation
* 7.00 USD | Area Of Value
* (Neckline) At 6.50 USD | Subdivision 1
- Triple Formation
* (Reversal Argument)) | Subdivision 2
* Numbered Retracement | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
EURCAD BEARISH BAT PATTERN Harmonic 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.
EURUSD bearish scenarioThe EURUSD monthly chart is very predictable if we add Fibonacci. As we can see, the pullback stops at the 61.8% Fibonacci level. After that, the pair continued to fall and formed a new lower low. We expect that in the coming period, and the targets are 0.95000 and 0.90000 levels.