Longterm
XAU ! Nov 18 ! Scalping BUY retest entry BREAK XAU / USD trend forecast November 18, 2024! SCALPING
Gold prices saw their steepest weekly drop since September 2023, falling to a two-month low last week as the US Dollar surged to its highest level in over a year.
Over the weekend, geopolitical events spurred safe-haven demand, helping the precious metal regain strong upward momentum during the Asian session as the new week began.
US President Joe Biden approved Ukraine's use of US-supplied long-range missiles for deeper strikes inside Russia, which, in response, has reportedly deployed North Korean troops to bolster its military efforts.
Trendline M30 - price drops to trend BREAK point, then bounces back
/// BUY XAU : zone 2575-2572
SL: 2569
TP: 40 - 80 - 150 pips (2587)
Safe and profitable trading
Bitcoin Macro Targets - 2025 peak is 110kThis is a look at the bitcoin weekly chart. The macro structure is very clear. We are already close to the top but with the support crypto is getting from government and wall street I think we can expect it to stay up in this area for another wave as shown on the chart. I am hoping for a massive Alt season in the first half of 2025 as BTC moves sideways after hitting 110k.
What do you think is going to happen? Do these targets look reasonable?
The information created is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
High Potenzial Invest Flow/EurAfter years and month of downtrend, now the important volume comes in and also the trendline broke through with this massiv volumen. In my eyes a no brainer, now investing some money and in the next month to years in combination with the industry / german / europe crisis it´s a very good way to diversify your money. The potenzial is up to x 40 maybe a new higher high x 70, but with a easy attitude and a realistic mind first realization from x8 - x10 because the volatility of crypto assets and then buying back with cost average. gl & hf
INVESTMENT IDEA - BAJAJ FINANCE Bajaj Finance , a major financial services provider in India, showcases a promising investment setup supported by both technical and fundamental strengths.
Technical Reasons :
Trend Line Support: The stock is holding above a long-term trend line, indicating resilience and potential for an upward move.
Intact Trend: Continuous higher highs and higher lows signal that the bullish trend remains intact.
Doji and Inside Candle Pattern on Weekly: This pattern suggests a possible reversal or continuation, highlighting a period of consolidation with potential for breakout.
Fundamental Reasons :
Record Revenue and Net Profit: Both metrics are at all-time highs, underscoring the company's financial strength.
Attractive Valuation: With a current 10-year PE ratio of 27.9, Bajaj Finance trades below its 10-year median PE of 45.4, suggesting it is undervalued relative to historical standards.
Solid Growth and Returns: The company boasts a 24% compounded sales growth rate, an ROCE of 11.9%, and an ROE of 22.1%, reflecting effective utilization of capital and profitability.
These combined factors make Bajaj Finance an attractive long-term investment option, with technical support for entry and solid fundamentals for sustained growth potential.
SasanSeifi| Will the Uptrend Continue? Key Levels to Watch!
👇previous analyses
Hey there, ✌ Based on previous analyses, the price encountered significant demand around the 0.000013 range. With a strong momentum breakout through the supply zone and surpassing the 200-period moving average, the price successfully reached the second scenario target of 0.000020, showing an impressive growth of approximately 50%. However, without confirming a stable position above the 0.000020 level, the price retraced as outlined in the projected scenario.
It was noted that the price reacted to the EMA, highlighting the 0.000015 level as a crucial support zone. If this support holds and confirmation is achieved in lower timeframes, the price could once again rise towards the 0.000020 range and even higher targets.
As observed, the price was met with renewed demand after maintaining the specified support zone and surged toward the 0.000023 – 0.000025 target range and the 0.000030 level, achieving an additional 83% growth.
👇NEW analyses
Currently, after this rally from the 0.000030 level, a negative reaction has caused a pullback toward the 0.000022 area. The outlook leans bullish. The scenario to consider is that, with the 0.000021 level holding and confirmations in lower timeframes, the completion of the pullback could lead the price to a long-term target at 0.000032 and a liquidity zone around 0.000038. Maintaining the critical levels of 0.000021 – 0.000020 is essential.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Possible 200% UBISOFTHello everyone,
I share with you today about a french company that i have watched since few weeks.
I see a high probability to double my money in a long term position.
This company is underrated , normally the price is around 40$ without the bad buzz since the DEI.
If the company continu in the way of the DEI. We can consider a possible -69% on the position until the more historic low position.
SasanSeifi| Can It Hit the $300 Zone?Hey there, ✌ Examining the 4-day chart for NASDAQ:TSLA , we can see a slight upward movement from the $140 price range. After multiple attempts to break above, the price encountered resistance around $265, resulting in a negative reaction and subsequent correction. Currently, the price hovers around the $248 level. My medium- and long-term outlook remains bullish, with an expectation that the price could rise toward the $300 supply zone and reach targets between $320 and $350.
One possible scenario is that, after a consolidation phase, if Tesla holds within the critical support range of $230 to $200, it could see significant growth toward the mentioned targets. Preserving these key support levels is crucial. However, if the price breaks below the $200 level and consolidates there, this scenario would lose validity, possibly leading to further correction.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
DXY Potential Rally to 108: High-Probability Setup with FVG The DXY is currently positioned around 105, showing momentum to potentially push up to the 108 region. This area features a high-probability Fair Value Gap (FVG) on the daily and weekly timeframes, providing a strong confluence zone. Price previously failed to sustain on the monthly OB, indicating a move towards the buyside liquidity above this PD array.
Should we see price react at the 108 FVG, it could present a reversal opportunity, especially given the alignment with overlapping daily and higher timeframe FVGs. However, if bullish momentum continues, this setup may also lead to further liquidity grabs.
Always remember: DYOR (Do Your Own Research).
IS ELF BEAUTY FINALLY BOTTOMING OUT?! LET'S SEE!NYSE:ELF is at a key S/R zone and has shown buyers will step in well before this thing try's to dip under $100! That's great news as that gives us a great risk/reward ratio area!
MACD, RSI, and the Stochastic are all starting to curl upward off the bottom, indicating the start of a bottoming reversal. My trade setup and execution details are below. Not Financial Advice.
Entry: $118 Break
PT1: $152
PT2: $175
Final PT: $220
S/L: Break below $100 at $97.72.
11/13 ! Gold recovered slightly, then continued to fall.XAU / USD trend forecast November 13, 2024
Gold prices fell below $2,600 on Tuesday, marking their lowest level since mid-September as the US Dollar Index (DXY) surged to a six-month high. Rising US Treasury yields further pressured gold, with XAU/USD trading around $2,599, down 0.77%.
Investors are closely watching former President Donald Trump's victory and his initial cabinet appointments, which could signal his policy directions on tax cuts, tariffs, and immigration.
Gold price will be sideways, stabilizing below 2650 to continue the downtrend at the end of 2024
/// SELL XAU : zone 2625-2628
SL: 2631
TP: 50 - 100 - 150pips (2613)
/// SELL XAU : zone 2649-2652
SL: 2657
TP: 50 - 200 - 300pips (2622)
Safe and profitable trading
Shopify (SHOP): Preparing for a Long-Term Entry at $49.62Considering Shopify, the situation is unfolding as we anticipated. We expected the beginning of 2024 to potentially mark the peak for Shopify with the completion of Wave (1), indicating a Wave 2 correction. This correction is likely to find support between the 63.8% and 78.6% retracement levels.
Currently, the pattern is showing lower lows and lower highs, suggesting that further price declines may occur, potentially closing existing gaps. Our strategy is still developing, but we plan to place a long-term entry at $49.62 with a stop-loss at $31.
BOUNCE FOLLOWED BY LOWER PRICES FORECASTEDWhile the higher degree long-term outlook for this dividend giant is bullish, the short-term outlook is not likely to bring new all-time highs. Earlier this year we anticipated new all-time highs, but that changed when KO hit it’s 63.18 low last week. What changed the forecast was the technicals surrounding that low. While the price action is currently cooked to the downside, there are no clear indications of a reversal, with the weekly RSI indicating more room to the downside, and the MACD supporting that theory. This tells us to turn to the most telling indicator, which is volume, which indicates there is still strength to the downside. That said, we know the market does not move in straight lines and a strong bounce off the 63.18 low is likely. We currently forecast that bounce to target the round number zone of 70, forming a B-Wave rejection of higher prices, that will be followed by a C-wave, which will likely target the weekly point of control around 60. With that in mind, C-waves can truncate their targets, especially when the ticket involved is a popular long-term dividend target like KO, and we are talking about a long-term low that will create a significant buying opportunity. That said, if you can deal with the near-term volatility, the 63 zone may not be a bad entry zone.
BTC - Don't Worry, You can still Catch the Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish , trading within the rising wedge in orange.
Currently, Bitcoin is in a correction phase, so the lower bound of the channel would act as support.
Moreover, the 80k - 82k zone is a strong demand and round number.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and lower orange trendline.
📚 As per my trading style:
As CRYPTOCAP:BTC 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
SasanSeifi| Bullish Trend Building as $1.90 Holds!Hey there, ✌ In the daily time frame, as you can see, the price of BINANCE:OPUSDT has been oscillating with a slight increase after holding the $1 level for a relatively long period. After an initial rise and hitting a supply zone, the price has returned to the demand zone around $1 and, after reaching this level, we have witnessed another slight increase.
Currently, as shown in the chart, the long-term downward trendline has been broken in the daily time frame, and the price is moving toward the $2 level. This break in the downtrend could indicate a potential trend reversal and the beginning of a new upward movement. Considering the overall market conditions and existing demand, the likelihood of continued price growth in the short and medium term has increased.
One scenario we can consider is that if the price stabilizes above the supply zone, which is currently near the $1.90 level, we can expect OP to move toward higher levels. In this case, mid-term and long-term price targets could range from $2.20, $2.50, to even $3. The key support zone on the daily time frame for OP is at the $1.50 level.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
SasanSeifi|$85 Breakout Could Propel LTC to $100 and Beyond!Hey there, ✌I In the weekly timeframe, Litecoin’s price, after a period of consolidation around the $84 level, encountered a bearish trend and corrected down to the $50 range.
As you can see, the price has once again moved towards the important resistance zone and the descending trendline. Currently, it is trading at around $78. If the price breaks the key resistance at $85 and stabilizes above it, the likelihood of further upward movement increases. In this scenario, potential price targets could be $100 and $127. The important weekly support between $65 and $60. Given the overall market conditions, the probability of breaking through the resistance level seems high. Note that this chart is presented in a logarithmic scale.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
GBP / USD ! Support and good news for GBP ! signal BUYGBPUSD trend forecast November 12, 2024
The GBP/USD slipped back to recent lows on Monday, dipping below 1.2900 as traders await UK wages and jobs data set for release early Tuesday. Despite a quiet US session, risk-on sentiment remained strong, which continued to support the US Dollar.
Good news data forecast for GBP with H1 support - suitable for BUY signal
/// BUY GBP/USD : zone 1.28400 - 1.28200
SL: 1.27800
TP: 40 - 100 - 200 pips (1.30200)
Safe and profitable trading
SasanSeifi| Will the Price Break Above $38 for Strong Uptrend?Hey there, ✌In the daily timeframe BINANCE:ORDIUSDT , as observed, the price has entered a corrective phase after a significant rise from the $40 range. Following the correction, with the $30 level holding, we have seen positive fluctuations again. Currently, the price is at the $35 range, and during this movement, there have been reactions to the downward trendline.
Since the price is still below the 200-day moving average (EMA 200), paying attention to its behavior near this level and a potential breakout is crucial.
Given the overall market conditions, the medium-term outlook for the price trend appears to be bullish. If the price can maintain the $33 to $31 range and, in the next phase, break above the $38 level along with the EMA 200 and establish itself above it, there is potential for a significant price increase towards the $43 to $45 range.
In this scenario, the market could enter a strong uptrend. Therefore, if the price stabilizes above $38, further upward movement and growth would be likely.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
SasanSeifi| From $1.00 to $1.70, What's Next for This Asset!?Hey there, ✌On the daily time frame BINANCE:FETUSDT , as you can see, we’ve seen a notable price increase from the demand zone around $1. At the moment, the downward trendline that had previously capped the market has been broken, and the price is now trading around $1.50. The overall market sentiment appears to be shifting bullish, and it is expected that the price could rise to the levels of $1.60 – $1.70.
After this, considering the possibility of a consolidation or pullback phase, it is anticipated that the price will continue its upward movement and may reach the $1.90 level, followed by the $2 supply zone. If the price continues to rise, it will be crucial to closely monitor how the price reacts at these key levels in order to gain a better understanding of the next potential moves.
The current important support zone is at $1.35.
Therefore, before making any decisions regarding entry, it is highly recommended to carefully analyze the overall market conditions and pay close attention to the key support and resistance levels.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Professional Analysis of Chainlink (LINK) on the Weekly TimeframOn the weekly timeframe, Chainlink has completed its 4th wave correction and is now forming the 5th wave of its bullish trend. Based on Elliott Wave analysis, the price is in the support zone between $12 and $16, and once it stabilizes above $16, a strong upward movement is expected.
🔑 Entry and Exit Points:
Entry Point: After price stabilizes above $16 and a bullish candlestick is confirmed on the weekly timeframe.
Price Targets:
Target 1: $80 (400% gain) – You can take partial profits here and move your stop loss to the entry point.
Target 2: $180 (1000% gain) – Ideal for final exit or reducing position size.