Time to "ZOOM" back to winnings ways?On Thursday afternoon, the King Trading Momentum Strategy triggered alongside eleven other alerts, followed by five more on Friday. This flurry of signals doesn’t exactly indicate a “bearish” sentiment, but as always, the market has its unpredictable ways! With markets approaching all-time highs, I’ve been cautious, limiting my positions to just a few with low allocations in TNA, ADBE, PYPL, and XYZ.
When I analyzed Zoom (ZM), I noticed that it experienced a strong rally from July through the end of the year, gaining over 50%. Now, the key question is: has it finished consolidating, or is there more downside ahead?
Looking back to July, ZM’s performance suggests a classic bull flag pattern. It’s retraced to the 38% Fibonacci level, and during a two-hour window when the signal fired, the impressive “wick” formed caught my attention. Now, after a short-term pump, it’s retracing again, and I’m eyeing the 50% Fibonacci level as a potential entry point.
Unless Monday brings a major selloff due to concerns over the Fed meeting on Wednesday or the PCE data on Friday, I’ll likely use the usual morning volatility to position myself in this trade. Let’s see how this one unfolds!
The King Trading Momentum Strategy employs a robust combination of indicators: the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum measured by ADX+, and MACD confirmation. ZM, along with over 100 other equities, is integrated into this script with optimized backtested take-profit and stop-loss levels. Activating these parameters is as simple as checking a box (they’re off by default), making this strategy both powerful and user-friendly.
M-oscillator
Time to Enter MDB Again?On Thursday afternoon, the King Trading Momentum Strategy signaled alongside eleven other alerts that day, followed by five more on Friday. This activity doesn’t exactly scream “bearish” to me, but the market has a way of keeping you on your toes! With markets once again approaching all-time highs, I’ve been treading cautiously. My positions have been limited to just a few, with low allocation sizes in TNA, ADBE, PYPL, and XYZ.
When I looked at MongoDB (MDB), I found myself wondering why it was hammered after posting a double beat on earnings and providing decent guidance. It turns out the recent drop was primarily driven by the announcement that Michael Gordon, MongoDB's Chief Operating Officer and Chief Financial Officer, will be stepping down on January 31, 2025. Is this reaction overblown? After all, the company delivered a strong earnings report.
That said, MDB seems to have planted its bull flag in the ground. Even if this news creates headwinds, there’s a possibility it could retrace back to the 38% Fibonacci level. Even if the broader market eventually pulls MDB lower, this setup suggests an 8% potential upside, and I’ve set an initial take profit at 5% with a 3% stop loss. If this can hit the take profit, I will sell half to protect the trade and then set a trailing stop loss of 1.5% on the remainder, trying to sell of much of it as possible on the way up!
Unless Monday brings a complete washout due to fears surrounding the Fed meeting on Wednesday or the PCE data on Friday, I’ll likely use the typical morning volatility as an opportunity to enter this trade. Let’s see how this one plays out!
The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! MDB and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off).
CFG Long
Heads up, crypto traders! 🚀 Here’s the scoop on CFG:
Currently, CFG is in an accumulation zone with several indicators hinting at a high potential for growth. 📈 We're seeing divergences forming across multiple metrics, especially noticeable in the 5-day chart.
This suggests that, in the near future, there might be a significant upward movement. Keep a close watch on this coin as it prepares for a potential rally! 🌟
Stay tuned for updates and make sure your investment strategy is ready to capitalize on these movements!
#CryptoAnalysis #CFG#GrowthPotential #TradingStrategy
ORDI accumulation zoneHey, crypto enthusiasts! 🌟 Let's talk about ORDI today. 📉📊
In the accumulation zone, we're observing some interesting movements. There's a potential for further decrease, perhaps by another 30-40%, but it's already clear that accumulation is happening at rates higher than the current market price. 📈
On the daily chart, we can clearly see some significant divergences forming. This is a key indicator for those looking to position for a long play. 🚀 I'll be looking to enter positions about 20% lower than current levels, anticipating a robust upturn.
Keep your eyes on the charts and be ready to make your move! 🧐💼
#CryptoTrading #ORDI #InvestmentTips #MarketAnalysis
The Top 3 Catalyst Of Forex TradingSpotting a breakout is a good strategy because its something that
I have always wanted to learn how to do
when I started forex.
-
Now you need to be careful when you are trading forex options
and always remember to calculate your
risk levels because there is always risk associated with
these types of trade
and remember to take profit as well
Now in about 2 weeks time the biggest catalyst in the forex
market is going to take place.
Think of these before you
trade CAPITALCOM:EURCAD
In this forex pair there are 3 catalysts to consider:
-The Bank of Canada's interest rate decision
-The unemployment numbers
-The GDP numbers
It's important to take note of the catalyst
as you build your own trading strategy
either way, you can learn from the one
am using its called the rocket booster
strategy to learn more about it
Rocket boost this content right now
Disclaimer: Trading is risky please learn risk
management and profit-taking strategies.
And remember to use a simulation trading account
before you trade with real money.
AMBUSDT: Will a Bullish Reversal Happen?Yello, Paradisers! Are you ready for the next potential move on AMBUSDT?
💎AMBUSDT is looking strong after a healthy retracement and has now entered the oversold zone—an exciting development for traders.
💎Currently, the price is approaching a critical support zone and showing signs of bullish divergence, which increases the likelihood of an upside move. However, confirmation is key before jumping in. Here's what we’re watching:
💎Scenario 1: For confirmation of a bullish move, we need to see a bullish I-CHoCH (Internal Change of Character) on the lower timeframe once the price reaches the strong support zone.
💎Scenario 2: Alternatively, a breakout and candle close above the resistance trendline with proper volume will also confirm bullish momentum.
💎However, If the price breaks down and closes candle below the strong support zone, the entire bullish outlook will be invalidated. In that case, patience will be key—we’ll wait for a clearer price action setup to form before making any moves.
🎖Remember, Paradisers, trading isn’t about rushing in—it’s about disciplined, calculated decisions. Waiting for the right confirmation can save you from unnecessary losses and keep you on track for long-term success. Stay focused, stick to the plan, and trade smart!
MyCryptoParadise
iFeel the success🌴
Silver May Be Attempting a BreakoutSilver has squeezed into a tight range recently, and some traders may expect a breakout.
The first pattern on today’s chart is the series of lower highs since October. Prices have challenged this falling trendline for the last week while staying above December’s lows. Is the resistance fading?
Next, XAGUSD is trying to hold its rising 200-day simple moving average (SMA). That may be consistent with a longer-term uptrend.
Also note how the 50-, 100- and 200-day SMAs are close to each other. A similar convergence appeared in late March as prices began a rally.
They then climbed to their pandemic high around $30 and have remained there since. That may create additional potential for a breakout through long-term resistance.
Finally, MACD is rising.
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Early Impulse on Booking Holdings. BKNGDowngoing triple drive/ABCDE completed, with price action highly suggestive of a reversal. MIDAS curve crossed, cross of vWAP and US also present. That huge candle crosses both also. Crosses on Stoch-RSI and VZO indicators as well. Highly suggestive picture of continuation of bullish price action.
Chevron Heading Underground. CVXA bearish outlook on this situation from a purely technical standpoint. The amalgamation of factors make for a convincing picture. There is a break of MIDAS line, price action cross of US and vWAP line, cross of US/vWAP lines, negative volatility zone oscillations, negative stochastics, trigger cross of downgoing vzo ribbon. And to top it off, exit out of the OBOS territory by the momentum indicator. Good luck out there!
Linde PLC Overstretched. LINConsidering a short on the six hourly chart for Linde. Even though MIDAS line had not been crossed, the market cannot continue in this current fashion. The picture is overbought, flipped on stochastics and volatility with both US and vWAP crossed by price action, which is also suggestive in itself. Different strategies are required in taking advantage of ongoing trends, reversals and breakouts. One strategy or just one algorithm to take advantage of just one aspect of market action is never enough to draw consistent profits.
DXY at Crossroads? Break in Trend Points to Dollar WeaknessUnless we see a significant rally into Friday’s close, the US Dollar Index (DXY) weekly chart suggests the cycle high may already be in. The current three-candle pattern resembles a textbook evening star, often seen at turning points. An opposite morning star signal in early December proved accurate, as did the evening star in late June last year.
This latest signal is notable, especially as it coincides with a break in the uptrend that followed Trump’s election win. Adding to the bearish case, the RSI (14) uptrend from September has been broken, and while not yet confirmed by MACD, it too appears to be in the early stage of rolling over.
Traders should watch for a potential break of support at 107.75, a level DXY has bounced off in three of the past four weeks. If that level gives way, downside targets include 106.736 and 105.44.
Although not technical, it’s worth noting the market has trimmed expectations for Fed easing this year, dropping from six cuts to fewer than two since September. This shift leaves the dollar vulnerable given how much bullish sentiment towards the US economy is already priced in.
$SPY January 23, 2025AMEX:SPY January 23, 2025
15 Minutes
The consecutive gap ups cannot sustain.
A pull back is required around 598-602 levels over the next 3 trading days for the moving average to converge.
I will have a contra setup to short 607-607 levels for 602 levels for the moment.
Usually in 15 minutes chart a difference over 15$ between 200 and 9.21 average results in sideways or a pull back.
EUR/USD - High Probability Trade SetupLooking at this chart price is appearing Bearish but I have other beliefs. As you can see on a Monthly TF you can notice a clear Elliots Wave 1-5 Pattern Followed by this current breakout.
Typically Liquidity will sit higher and will remain untouched after breakout as shows in this graph, I believe we have seen a large swing point being at a Phycological Level and now on smaller time frames we are seeing Bullish movements.
To confirm this Theory on the Daily we have noticed the previous Bullish movment took out Swing High Liquidity and is extremely Oversold. Price will be falling but to where..? We have creating a Change Of Character and unless this changes im now looking for Buy positions. We are creating Higher Highs in the 4H and breaking previous structure points.
On the Chart I have market out key levels being OTE zones, Discount areas and Liquidity all being lower than the current price suggesting this pullback period will inverse this imbalance before pushing us into Higher Highs once again
Will be adjusting our Entry Models as price action moves
Good Luck to all Traders who follow along
Stimulus Hopes Test Downtrend Resistance as Bulls Eye BreakoutChinese policymakers have unveiled another round of measures aimed at boosting sentiment and valuations in mainland stock markets, pushing insurers and state pension funds to increase future allocations.
Who knows whether it will work—the headlines are essentially recycled with a bit of extra detail. Previous stimulus attempts have also fizzled fast, as the price action over the past six months shows. But the announcement is timely, providing a catalyst to spark a bullish breakout.
A50 futures sit at an interesting juncture, sandwiched between downtrend resistance dating back to October’s stimulus euphoria and the critical 200-day moving average.
The price has already taken a couple of looks above the downtrend only to reverse back lower, including earlier Thursday after the details of the plan were released.
However, given the risk state funds may be ordered to buy to drum up excitement among retail investors, it will be interesting to see whether we see a rally into the close.
If we do and the price closes above the downtrend, one setup to consider would be to buy targeting 13200/50-day moving average, 13727, or even the double-top of 14366 set late last year.
Depending on your target and risk tolerance, a stop could be placed beneath the downtrend or 200-day moving average for protection.
Momentum indicators have turned bullish, potentially improving the probability of a breakout sticking.
Good luck!
DS
Cycle similarity according to Pi-Cycle Top Risk/DeflectionAligning the bottoms of the Pi-Cycle Top Risk (PCTR)/Deflection (PCTD) indicator shows that this cycle has shown more similar behavior to the 2016-2017 cycle than the 2020-2021 cycle. So far we have had two major waves of the PCTR/PCTD, just as in the 2016-2017 cycle. The 2020-2021 cycle only had one. The third larger wave in the 2016-2017 cycle led to the blow-off top.
This is just one piece to the puzzle, but I think we are looking at a "smoother" cycle until the top (similar to 2016-2017), but I don't think we will get a blow-off top again in $BTC. I'm looking for more of a Wykoff distribution top like the first top in 2020-2021.
--Da_Prof
$TRUMP 1H Chart Analysis – Bearish Sentiment with Key LevelsHere's my quick take on $TRUMP's 1-hour chart:
🐻 Current Sentiment: Bearish
Key Highlights:
🔴 Resistance Rejected: A failed breakout rally indicates selling pressure at higher levels.
🔴 Fakeout Rally: A fakeout near resistance has further strengthened the bearish case.
🔴 RSI: Not yet oversold, signaling there may still be room for downside.
🟢 Stoch RSI: Oversold, suggesting a potential short-term bounce near support levels.
Key Levels:
Resistance Zone: $40.50 - $46.00 (Ideal shorting opportunity when overbought).
Support Zone: $30.40 - $31.37 (Potential entry point for long positions).
My Plan:
Short at resistance or during overbought conditions.
Watch for a bounce near the support range.
Closing Thoughts:
This is a short-term analysis that’s only valid for the next 12 hours, so stay sharp! What’s your take? Bullish or bearish? Let’s discuss!
#CryptoTrading #TRUMP #Altcoins #TechnicalAnalysis #BearishTrend
SHOP Go Long! Will it break out this time?Recently SHOP has retraced and held the 50% Fib level and has been trading within a channel where it is about at the mid point of it. The King Trading Momentum Strategy yesterday issued a buy signal. This strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes. It has been forming a bull flag on the hourly and pre-market suggests this may be ready to break out. I followed the signal and bought a half position, looking to protect the trade at take-profit of 4%. During backtest this proved to be an optimum area and a stop-loss of 3% is warranted. SHOP and over 100 equities are built into this script. If trade protects at 4%, a trailing stop-loss of 2% will be adhered to in order to lock in as much profit as possible if this stock breaks out of the descending channel! I'm thinking its not too late for me to add to this position given typical morning volatility.