Fibonacci
NPC - Plan still validMy NPC plan is still valid. We got an deviation and reclaimed the zone after it. So I still think we will go up
LITECOIN short term-SHORTHello All 🐶😃🐼
It's Jazerbay here, I missed you all and I am back with this idea.. let's go ! 👇🏼⬇️⬇️🤸🏼♀️🤸🏽♂️
I have been watching Litecoin action on the short term time charts. I am noticing a very possible Head and Shoulders pattern forming 🐻
If this plays out we will see price drop to some of my projections, with 106 being the lowest for now😯🔥 This could happen pretty quickly if we don't stay above this support area of ~120-123.
Litecoin has been very bullish compared to other cryptos in the market for the last couple of days so if we catch support here then this projection is invalid 🙂
Thank you all for coming today and Happy Holidays
Good day
As always
🛑‼️ This is not financial advice, please trade at your own risk with caution 🛑‼️
☯️ jazerbay
UsdjpyName: usdjpy
Reason for entering the buy deal:
Completing your hormone pattern called (shark) and completing it at the target and also forming a table top sequence
•4-hour time frame
Please use capital management and commit to the stop
GbpusdName: gbp usd
Reason for entering the deal: The price has just reached a supply zone and retested it, and the target is support
Deal on the hourly frame
Also, the general trend is down on the daily frame
Deal type: Swing
Bitcoin dominance Dominance can find support at 54% .
After that a push to the upside and hit 58% where the retest of the uptrend is located and then start crashing down towards 35-40% region.
Synnex Corporation | 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
# Synnex Corporation
- Double Formation
* A+ Set Up | 012345 | Wedge Structure |Subdivision 1
* Triangle | Secundary Bias | Uptrend
- Triple Formation
* Neckline At 123.10 |Subdivision 2
* Retracement Area 0.382 & 0.236 | Subdivision 3
* Awaiting Target | 0 At 138.35
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
It really hurts, but you have to take a swing.COINEX:TRUMPUSDT Be careful to catch its swing if you can.
FMC Technologies | 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
# FMC Technologies
- Double Formation
* A+ Set Up | Triangle Bias At 18.90 | Subdivision 1
* Retracement | 0.5 & 0 | Continuation & Ranging Template
- Triple Formation
* Neckline | Visibility At 23.90 & 22.55| Subdivision 2
* Pattern Structure | Left / Head / Right
* Retracement | Uptrend Bias Entry Area | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
#NU Holdings UpdateNU price fell into the first anticipated FIB-level (26.6%).
In my eyes the chart finished a big Wave-(3), this impulse was going for over 600days.
Therefor I believe the chart could be in a corrective pattern a bit longer, before gaining new momentum.
Price might find shortterm support in this green Box.
PYTHUSDTWe can attempt to buy PYTHUSDT from specified level as it makes HL , also 0.5 FIB level intact indicate that it moves upward.
SL , TP mention in chart
WIFUSDTWe can attempt to buy WIFUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart
MLNUSDTWe can attempt to buy MLNUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart
FARMUSDTWe can attempt to buy FARMUSDT from specified level as it makes HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart
Salesforce (CRM): Decision Point ApproachingNYSE:CRM has risen higher than anticipated, but we are still holding on to our bearish scenario. Initially, we expected another leg down following the wick that we identified as wave ((a)), but the stock surprised us by pushing to a higher high, surpassing the levels of wave 1 and wave B at $348.86.
This move invalidated our first bearish scenario, activating our secondary outlook of a flat correction where wave ((b)) exceeds wave 1, which aligns with the current structure.
From here, our outlook is straightforward: if our bearish scenario holds, NYSE:CRM should drop below the wave ((a)) level, which is yet to be determined. However, if the stock rises above $360 and sustains trading at that level, the bearish outlook will be invalidated, requiring a complete re-charting of $CRM.
A decision point is approaching, and we will monitor the stock closely for further developments.
Zscaler (ZS): Liquidity Below $154—A Drop Imminent?Zscaler is becoming interesting again, not only due to its earnings call yesterday but also because it has formed a strong sell-side liquidity below $154.
After a period of sideways movement, we anticipate a sell-off to take out the liquidity below, most likely wicking into the $151-$122 area. If this plays out, it should conclude the wave C and wave (2).
We did not believe the earnings report will have a decisive impact, but it still could provide one last push into the $220-$237 range before the expected drop to wave (2).
At this point, we are not placing any limit orders but have set alerts to monitor the development of this scenario closely.
Hoegh Autoliners - bright future ahead after some correctionHoegh Autoliners will be a very nice buy in the future around 79-65 NOK.
The stock has almost 30% dividend yield and future stock price could be around 300 NOK.
However, the stock has rallied ever since its IPO and is already in a sideways corrective pattern that will likely turn out as an expanded flat structure.
NZDUSD - Long TradePrice is moving in bullish trend with channel support.
Entry is at fib ratio 0.5 ( 0.58632 ).
Stop loss is below last lower low.
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 0.65000 to 0.65030, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 0.65000 and 0.65030 serving as a low-risk sell.
Bearish Targets📉:
0.64950: Possible retracement area.
0.64900: Possible retracement area.
0.64850: Possible retracement area.
0.64800: Possible retracement area.
0.64700: Possible retracement area.
0.64750: Significant demand zone.
0.64600: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Soybean Oil - Unveiling Insights Beyond the Common PerspectiveAnalyzing Soybean Oil CBOT:ZL1! on a monthly chart, my focus is on WisdomTree Soybean Oil LSE:SOYO on the LSE. Here's the rundown:
Bullish Surge: Prices skyrocketed by 281% from 2020 to 2022!
Pullback: A retracement to the 61.8% Fibonacci level occurred from 2022-2024.
Pattern Alert: Spotted a classic Head and Shoulders, key for forecasting.
Despite the crowd's bearish interpretation of the H&S pattern, I'm not betting against this market. I'm a bull right now in this long-term bullish trend.
That said, I'm not predicting an eternal rise. While I'm optimistic, managing risk is paramount. Always room for error, but I'm ready to take the bull by the horns.
CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 190.100 to 190.175, respectively, is highlighted.
Things I Have Seen👀:
Important Support Zone🟢: Identified between 190.100 and 190.175 serving as a low-risk sell.
Bearish Targets📉:
189.750: Possible retracement area.
189.500: Possible retracement area.
189.250: Possible retracement area.
189.000: Possible retracement area.
188.500: Possible retracement area.
188.300: Significant supply zone.
188.090: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
Next, how to grasp gold trading and make money!Bros, today I shorted gold near 2650 according to the trading plan. Although gold once rose to around 2655 during the period, as gold fell sharply to around 2635 in the short term, it was obvious that our short position was closed by hitting TP: 2637. In this short transaction, I made a profit of more than $6K, which is a good trading result.
From the current gold structure, gold closed above 2630 many times during the decline. It can be clearly seen that a certain amount of buying support has accumulated in the 2635-2630 area; but in the absence of rebound strength, if gold cannot effectively break through the 2655-2665 area, gold is still in a relatively weak position.
Therefore, in terms of short-term trading, if gold cannot break through the 2655-2665 area, we can still continue to short gold based on this resistance area; but what we must be careful about when executing transactions is that once gold strongly breaks through the 2655-2665 resistance area, Gold may also continue to rebound to the 2670-2680 area.
Bros, do you know how to correctly grasp the rhythm of gold trading? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
