Sika AG Stock | SKFOF | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
Fibonacci
HIMS back up againHIMS just completed the correction wave and next impulsive wave 1 is in progress.
Either chase and build long or wait for pullback
Long around 16
Target 1 - 20
Target 2 - 22
Target 3 - 25 (?)
NAS100 afternoon updatePrice action falling out of the pitchfork without tagging the median line is certainly not bullish...
From 5 August low, I can see a contracting diagonal forming, with waves (1), (2), and (3) having fairly clear three-wave corrective structures/patterns.
Wave (4) in this interpretation would be an expanded flat, with wave c to go below 19614.1 and having Fibonacci and trend-line support to stay above 18676.2.
Wave (5) would then likely finish above 20758.4 to complete the pattern.
EURUSD descending wedge Intraday Update: The EURUSD is in a descending wedge and targeting the 1.0867 level or 161% extension of the September lows to highs.
USOIL: Bullish Fundamentals and 61.60% Probability for LongsKey Fundamentals
- Decreased OPEC Exports: Recent reports indicate a decline in crude oil exports from OPEC and Russia, tightening the market as refinery runs ramp up for seasonal demand. This reduction in supply is likely to exert upward pressure on prices2.
- Geopolitical Tensions: Ongoing geopolitical risks, particularly in the Middle East and Ukraine, continue to add a risk premium to oil prices. Traders are increasingly factoring these uncertainties into their market strategies2.
- Rising Demand: With the U.S. economy showing signs of recovery and better-than-expected market fundamentals, demand for oil is anticipated to rise, further supporting higher prices12.
- Technical Indicators: Current market sentiment shows USOIL trading above its pivot point of $74.80, with support levels around $74.00. The Relative Strength Index (RSI) is at 56.16, indicating a healthy trend without being overbought1.
I'm employing a probability-based strategy to position myself for long trades in USOIL.
By incorporating these fundamentals and probability analysis into my trading approach, I aim to leverage the current bullish sentiment in USOIL effectively.
12M:
2W:
Hourly TFs:
Possible short on EUR/NZDI have no position yet on EUR/NZD because it is too early to enter on short. The long term pattern seems bullish for the break of the local high, but in my opinion should be a rentracement as in the picture. Be cautious because the long term is bullish but for the moment the Euro seems quite weak, let's see if BCE will cut again the interest rate, that should be a good signal to short Eur.
BOME at key levelBINANCE:BOMEUSDT
Bome has gone up in a 5-waves move, Leading Diagonal Pattern, and retrace to the key level of 78.6% Fibonacci Retracement, it is on the exact place where you should expect a bounce. And after 5 loosing days, it seems like we are making a bullish Harami Candlestick. Risk-Reward ratio is huge here.
Azimut Holding SpA (AZMT) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# Trend | Time Frame Conductive | 15 Minutes Time Frame
- General Trend
- Measurement on Session
* Support & Resistance
* Trade Area | Focus & Motion Ahead
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Buy
BITCOIN - Trading Consolidative Markets Using Harmonic PatternsBitcoin, like many other markets has been stuck in a sideways shuffle as of late which can be very frustrating for most traders, since most traders tend to look for continuation type of trading opportunities.
For those looking for an alternative way to trade, here's a look at how I use advanced (harmonic) patterns, specifically the Gartley patter, to take advantage of times when the market is consolidating or moving sideways.
Hope you enjoyed the video and feel free to leave any questions or comments below.
Akil
Don't be Decived ... US 30 is about to fly to the skyUse a reasonable Lot size and hold it to the top... Simply follow the trend after every retracement .
Enjoy your profit.
BTCUSD morning analysis (bullish)Summary of action for BTCUSD since 5 August 2024 low.
Area in yellow ellipse does not look impulsive. There is a way to get an expanding leading diagonal out of it, but it certainly does not have the "right look". Will need to come back to this price action later, depending on how future price action plays out.
Area in first red ellipse labeled 1. is similarly vague. It might be a zigzag, but again doesn't have the right look. Will come back to this price action later as well.
Area in first green ellipse labeled 2. is not the prettiest impulse in the world, but it can certainly be counted as such.
Area in second red ellipse labeled 3. looks very much like a zigzag corrective structure, bottoming at 58897.55 (which is now the must hold support for bulls).
From what I can tell, price action after the bottom at 58897.55 has two impulse waves up (small green ellipses) and two corrective structures (small red ellipses). The two corrective structures both look like expanded flats, and if true would likely mean price action after 58897.55 is a 1-2/1-2 looking for wave 3 rather than 1-2-3-4 looking for wave 5. Price getting above 69632.35 on an impulse wave off today's low of 65226.43 would confirm that assessment.
Overall, this does look quite promising for bulls, who have been waiting patiently through 7 months of consolidation.
Key level of support today is 65226.43. Key resistance to break is 69632.35. Good luck.
The Graph GRT price : ready... steady....go...A rather interesting picture on the OKX:GRTUSDT chart
Now the #GRT price is at a critical point - if it breaks the trend line, it will mean at least +40% of the price movement.
And maybe even more, but that's in the more distant future.
Also, it seemed to us that MM's handwriting on the #GRTUSD and #Turbo charts is the same, what do you think? 👇
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NEIROUSDT: A Billion-Dollar Surge is Coming! After a successful breakout from resistance, NEIROUSDT has undergone a healthy retracement and is now bouncing back from strong support levels. With momentum building, we anticipate that NEIROUSDT will soon cross the $1 billion market cap, joining the ranks of the billion-dollar meme coin club.
The current bullish trend in the meme coin market further supports our expectation of significant upward movement. Don’t miss out on this exciting opportunity—keep an eye on NEIROUSDT as it gears up for potential explosive gains!
Happy trading!
NEIROUSDT Currently trading at $0.00197
Buy level: Above $0.0019
Stop loss: Below $0.0015
TP1: $0.0022
TP2: $0.0025
TP3: $0.003
TP4: $0.004
Max Leverage 3x
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NZDCAD - Bullish Seasonals - Bullish ContinuationFX:NZDCAD - October has been a positive month for this pair 80% of the time in the last 14 years. Recently, price retested the weekly higher low (block dotted line), formed bullish divergence and continued the bullish momentum! I am expecting a bullish month for NZDCAD as per seasonal behavior and current price action!
USDJPY finding support at the Fib levelIntraday Update: The USDJPY has slid to the 148.90 level support which is the intraday 61.8% retracement. Any bounce back to the 149.50 level may find sellers and channel support is at 148.70.
GOLD → The target is liquidity above 2670-2685. What's next?FX:XAUUSD is consolidating in the local range of 2663 - 2636. There is a strong resistance and liquidity zone ahead. Bears may meet the market quite aggressively in the 2670 - 2685 zone.
The global rally is smoothly transitioning into a sideways fljt 2675 - 2604.
- Markets in China, which strongly supported gold after hints of fiscal stimulus is again facing challenges.
- Interest rates in the US should not be forgotten. The open question is “no interest rate cut” or “0.25% cut”. Will gold be able to stay bullish on the current flat under these circumstances?
- The dollar is rallying after last week's fundamental data and most likely the index's rise is not over... Fed policy makers are starting to change their mindset again and divide into 2 camps - aggressive / restrained.
- BUT! The conflict in the Middle East is cooling down from its limits. Based on the above mentioned, can we assume that the finger is hanging over the button “fix profit”????
Resistance levels: 2663, 2670, 2685
Support levels: 2645, 2636, 2623
Based on the general fundamental background, I do not yet understand the reasons that give such support to gold. There is a strong resistance zone ahead with huge liquidity. The price is in a sideways range and there are no preconditions to exit this channel yet. Most likely, the first retest of the levels ( it has been 2 weeks since the last retest ) may end in a reversal and correction
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
EUR-USDThe eurusd pair creates double top at 1.1200 level and then drop and breakout of M pattern at 1.1000 and go down side to 1.09050. now market drop sharp and its time to retracement to 1.100 again. Pair just broke the support and now its turn support into resistance. and then drop to 1.0800 to 1.07500 support zone.
Gold's upward trend is confirmed, buy boldly on pullbacksLast Friday, gold continued to rise, reaching a high of 2661, as the US PPI data showed that the inflation outlook was still favorable to support the Fed's expectations of a rate cut next month.
From the daily chart, we can see that the gold price has now stabilized above the daily average line, and the bullish trend has continued. In the short term, as long as the gold price pulls back to the support area, it is an opportunity to buy. Now it depends on where the gold price will start to rise.
From the 1H chart, the nearest support below is around 2642, which is the 0.618 position of the Fibonacci retracement of this rise, and the second is around 2630.
In today's Asian and European trading period, the gold price pulled back to 2643 and started to rise, which has verified the support strength of the 0.618 position. Therefore, if there is no accident today, as long as it pulls back here, you can buy boldly.
My personal short position sold at 2653 last Friday has been closed with profit when it fell to 2645. Now I am waiting for the pullback to trade long positions.
DOGS → Double bottom favors resistance breakoutBINANCE:DOGSUSDT is forming a double bottom followed by a breakout of trend resistance. Quite a promising situation, provided the bulls hold their defenses above 0.00081.
After the listing, the coin flies to the moon due to the dump, but after the appearance of a strong seller or lack of interest from the buyer, against the background of weakening support of Pavel Durov arrested in France, a market phase change to a “dump” is formed.
Technically, a double bottom is formed on 4H, followed by the renewal of local lows and the breakout of trend resistance, which indicates the formation of a market bottom.
At the moment, the cryptocurrency market shows bullish dynamics, which can affect DOGS accordingly
Resistance levels: 0.000885, 0.000938
Support levels: 0.00081
After the dump the coin has good chances to show already adequate realization. If the bulls keep the defense above 0.00081, we will have chances to get on the train to the north, to the targets 0.00096, 0.001, 0.00117
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:DOGSUSDT ;)
Regards R. Linda!
XAUUSD, Support Retest With LL, Then UptrendHigher Support Break should be completed by now, and trend should be start the reversal at least going from downtrend to uptrend, and at least can exit at last Resistance price. Gold momentum seems can't go further down due to fundamental keep pushing gold price higher. But during softer fundamental, price can go down at least for retailer to take profit.
XAUUSD - Today's Setup -15/10Good morning, traders! 🌅
Hope you all had a profitable week last week! 💰
I'm back on the charts and ready to spot some solid zones for our next trades. 👀
At the moment, gold doesn’t have a clear zone to jump in from, but it’s showing a slight uptrend across most timeframes. 📈
I’ve marked two potential zones, but they don’t meet all of my confluences just yet, so for now, I’ll be watching closely to see what the market wants to do. Patience is key! 🧘♂️
Remember, we’re not here to take trades just for the sake of it — we’re here to take trades with a high probability of success. 🎯
That’s all for now! Wishing you all a profitable day ahead. Trade smart, not hard! 💡📊
GOLD → Will the rally end with a FB? 2670 - liquidity...FX:XAUUSD is growing together with the dollar, the correlation cooled down after the change of fundamental background. The range of 2670 - 2600 is being formed. The metal is rallying to resistance for liquidity.
Geopolitical issues. High tensions in the Middle East as well as rising tensions in East Asia between China and Taiwan are worrying investors looking for safe havens.
Last week showed not so good economic data for gold. The dollar rose very strongly during that time. But gold gold traders were most likely paying attention to the dovish remarks by Fed policymakers about lowering interest rates....
Technically gold is in a sideways range and is testing liquidity above 2660. The bears are likely to give a not so warm welcome....
Resistance levels: 2663, 2670, 2685
Support levels: 2650, 2637, 2623
Strong movement from the bottom of the range reaches its upper boundary. Technically, the price has no potential to break through the strong range resistance. A false breakout is possible, the purpose of which may be to capture liquidity, followed by a decline. The situation may be broken by unexpected geopolitical or economic news, but at the moment there is no such news
Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;)
Regards R. Linda!
Decline in EURUSDThe decline in EURUSD continues, and it is now trading below 1,0900.
The next support level is at 1,0875.
There are no favorable trade setups at the current levels.
Watch for a reaction at the support level and avoid rushing into new trades.
Pay attention to the EURJPY and EURAUD crosses.
