Need a high? WM Technology inc for 500% returnOn the above 5 day chart price action has corrected over 95% since early 2021. A number of reasons now exist for a bullish outlook, they include:
1) Price action and RSI resistance breakouts.
2) Confirmation of support on past resistance as sellers capitulate with boredom.
3) Resistance not until $6 to $8 area.
Is it possible price action continues to correct? Sure, sellers love losses.
Is it probable? No.
Ww
Type: trade
Risk: You decide.
Timeframe for long: January 2025
Return: 500%
Stop loss: Elsewhere
Multiple Time Frame Analysis
EURUSD. Trading opportunityHey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range-bound market. The boundaries are marked on the chart. The current buyer vector is 5-6, with a potential target of 1.06098. A buyer zone has formed within the current buyer vector (green rectangle on the chart). Buying opportunities (buy patterns) can be sought from the buyer zone.
1H Timeframe Analysis
On the hourly timeframe, there is also a range-bound market, with boundaries marked on the chart.
Given the daily timeframe, it's preferable to look for buys from the lower levels of the range (1.03525, 1.03319 – 1.03286) or after the buyer breaks out of the upper boundary (1.0437) and defends the breakout.
I wish you profitable trades!
XRP SeekingPips reminds himself STICK TO THE PLAN, XRP LONG ONLY
I would consider the following as a GOLD STAR LESSON TO BE SAVED.
Yesterday created a great reminder opportunity that you must have a PLAN & RULES.
Even SeekingPips is human and therefore sometimes will deviate from the plan.
The GOLD SECRET is to realise the error and get back on track as soon as possible.
I was very clear on the chart share on 01/01/2025 that I only wanted to accumulate XRP
Here is the copy of that paragraph :
"ℹ️ However whilst price remains above 2.10 USD I do not want to take the short side of XRP."
By the next chart share the next day 02/01/25 it was clear to me where price was and that I was seeing a clear BULL FLAG on the DAILY CHART.
✅️ With that information I had a plan❕️✅️
ℹ️So what's the lesson you ask?❔️
⭐️Well Seeking Pips didn't stick to the plan.
Price was still well above 2.10 but shared a short chart idea.
This is why a TRADE JOURNAL is a GREAT idea.
In real time you may not see or notice any TRADING ERRORS but by having a journal it's in black and white and you can spot any problems early.✅️
⚠️So what were the KEY POINTS from yesterday?
🟢 Based on the D1 timeframe chart there was no valid reason according to my PLAN to conditioner any short positions.
🟢 Even based on the intra day timeframes that I use my RED LINE on my chart share at 2.3268 was never traded below.
🟢 Too zoomed in to price on lower timeframes. Seeking Pips considered the intra day timeframes and price action over what the Daily and Weekly charts were indicating.
🟢 Quantity over quality, wanting to be active and share some content, even given the fact that the DAY, WEEK and EVEN YEAR had just started.
🟢 NOT GIVING the IDEA time to play out. Barely two hours earlier I had already decided that my bias was to the long side.
There was no trigger to invalid that bias.
⭐️THE LESSON⭐️
Trading is not all about Lambos and penthouses. Yes that can be a final goal if you want it to be BUT to get to that point you really do have to iron out all of the ugly stuff first...
If this post helps even one peron on their trading journey it has done it's job.👌
PLEASE LIKE AND SHARE THIS POST IF YOU FOUND IT USEFUL. 👍
4000% return with Teladoc Health, Inc** long term investment **
On the above 10 day chart price action has corrected 97% since February 2021. A number of reasons now exist to be bullish, they include:
1) Price action and RSI resistance breakouts. Almost 4 years of resistance.
2) Regular positive divergence. Multiple oscillators print positive divergence over a 90 day period.
3) No stock splits.
4) 15% short interest. Who does that after a 97% correction?
5) The falling wedge forecast as measured from top and lower touch points calls for a macro move to the $400 area.
Is it possible price action corrects further after 97%? Sure, sellers love it.
Is it probable? No
Ww
Type: Investment
Risk: you decide
Timeframe for long: Ask me after it pops up 100%, you always do.
Return: 2000-4000%
Stop loss: will say elsewhere
Be sure to check out the Euro Dollar AnalysisGreetings to our dear followers💎
The main trend of the above timeframes, like the weekly and daily timeframes, is bearish, so we expect a decline in the Euro-Dollar.🎯
We have predicted the trend of the Euro-Dollar for the next three weeks🚀
Please take a position with your personal trading setup along with the trend.
If I see any changes, I will update the post with new analysis. Thank you for your support❤✔
XAU/USD 07 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bearish.
Price Action Analysis:
Price has been printing erratically by printing a bullish iBOS (which was against internal bearish bias) quickly followed by bearish iBOS which met yesterday's intraday expectation analysis.
Price has printed a bullish CHoCH indicating, but not confirming bullish pullback phase initiation.
We are now trading within an established internal range.
Intraday Expectation:
Price is showing reaction at M15 supply zone. Strong internal high is expected to hold. Technically price should target weak internal low priced at 2,614.635.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart:
Ethereum - bearish divergence alert - Dec 19th, 2024** Trigger warning - the following post may cause skin irritation and involuntary expletives **
The entire market is bullish on Ethereum.
All of social media is bullish on Ethereum.
The Motley Fool is even bullish on Ethereum (Huge red flag!!)
“Ethereum looks undervalued relative to its potential”
source:
www.fool.com
=====================================================
The TA:
Your only source of news should be the chart. The chart has a headline for you to read:
“Strongest bearish divergence print since the 90% and 80% crashes of 2018 and 2021”
Yes, the same specific settings used to track market pivots with divergence on Ethereum price action has printed once more.
On the above 8 day chart price action prints negative divergence with multiple oscillators over an 80 day period. The bear flag forecasts price action to correct until $700.
If you’re bullish on price action you have to reason why… why is this time different?
(Trump said... yes, would never mislead that one)
If you’re neutral on price action and considering a long entry, look left, is now that moment?
If you’re bearish on price action, well then you’re in poor company and public enemy number one. Welcome to my world!
Is it possible price action continues to rise? Sure! We’re in a bull market, din’t you get the memo?
Is it probable? No.
Ww
ASML Swing Trade - ShortFor my first trade of the year, I will take a stab at ASML.
The share has failed to break through an established resistance (red line), and MACD and price action suggest a bearish move. My profit target is 608, close to the next support I identified (green line). My stop will be just over the resistance line, resulting in a 2R target for this trade.
Happy New Year, fellow traders! Let's go!
Gold. Buying opportunitiesHey traders and investors!
Daily Timeframe Analysis
On the daily timeframe, there is a range. The current buyer's vector is 7-8, with a potential target of 2721 (2726). A buyer's zone (marked by a green rectangle on the chart) has formed in the emerging buyer's vector. For a detailed analysis, refer to the related post.
The seller's daily bar from January 6, with increased volume, failed to engulf the buyer's bar from January 2, which created the buyer's zone (green rectangle on the chart). The key volume of the bar (the blue band on the chart shows the range where 33% of the bar's volume has been traded) is below the level of 2636.705, which we've been monitoring. This favors looking for buying opportunities.
1H Timeframe Analysis
On the hourly timeframe, there is a range near the level of 2636.705, with boundaries indicated on the chart.
Buying Strategy
Buying patterns can be sought at the bottom of the range or after the buyer exits the range and defends the breakout.
The potential target on the daily timeframe is 2721 (2726).
I wish you profitable trades!
XAUUSD Analysis - 1/6/2025I am still bearish on Gold. We see that Gold rejected a 4H FVG this morning during NY Session that produced a major drop. With this price action, I have a feeling that Gold wants to drop lower. NFP is this Friday so will be cautious and flexible to changing my bias if I see a structure shift on the higher timeframe.
Short term EU buySo, this is my strategy moving into 2025. I'm a break even trader starting my 5th year in the hot seat.
I'll be trading a 50k demo right here on tradingview. 1% risk per trade, minimum r:r = 1:1.
I'm only entering trades on EU at this stage, however DXY and GU are always on my screen.
Timeframes: Weekly, Daily and H4, primarily focused on the daily, hence it is now necessary for me to take part in an end of day analysis.
My plan remains the same as Day 1: Get profitable.
Blue = EUR/USD
Green = DXY
Red = GBP/USD
The dollar is inverted simply because it looks better based on how I'm analysing.
So, the weekly has made a significant close lower across the board and the range of this candle is highlighted in gold.
After Monday's trading, the Euro has closed above its recent daily parent candle, signally potential further movement towards the upside. This can be confirmed when looking at the DXY which is harbouring relative equal highs at the weekly gap, a considerable draw on liquidity.
At this moment in time I can only wait and see how the market interacts with these htf areas of interest I have labelled.
I need to see some kind of event occur at a high, low or 50%.
I would imagine there will be further buys throughout the daily sessions, drawing up to the 1.05 zone.
I'm open to feedback and chill conversation.
Stock Of The Day / 01/06/25 / PDYN01.06.2025 / NASDAQ:PDYN #PDYN
Fundamentals. Neutral news background.
Technical analysis.
Daily chart: Pullback on an uptrend. We mark the previous day's low of 9.80
Premarket: Gap Up on moderate volume. We observe a clear hold the 10.60 level after growth in the premarket.
Trading session: The price was unable to update the premarket high on the impulse from the opening, then the price tested the 10.60 level twice, and each subsequent pullback was smaller than the previous one. We are considering a short trade to continue the local downtrend on H1. We cannot aggressively enter the breakdown, since there is no suitable place to set a stop, so we are waiting for a retest. We observe a retest after the breakdown and a quick return of the price back below the level.
Trading scenario: breakdown with retest of level 10.60
Entry: 10.49 below the lower low
Stop: 10.68 we hide it behind the high of the retest.
Exit: Close part of the position before the previous day's low of 9.80. Close the remaining part of the position when returning behind the level of 9.80.
Risk Rewards: 1/3.5
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
GBPCHF SHORTMarket structure bearish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Previous Structure point Weekly
Daily Rejection at AOi
Previous Structure point Daily
Round Psych Level 1.13000
H4 EMA retest
H4 Candlestick rejection
Levels 9.51
Entry 100%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
Block (SQ): Preparing for a Breakout Year in 2025NYSE:SQ is shaping up to either become one of the top picks for 2025 or face a potentially challenging year ahead.
From the monthly chart, NYSE:SQ has mostly traded between $100–$35 since its IPO in 2015. While the $35 level seems unlikely to be revisited anytime soon, the current focus is on reclaiming the Value Area High (VAH) at $100. Success here could trigger strong percentage gains over the next few months.
We’re adopting a cautious approach, closely monitoring the chart. On the lower time frame, NYSE:SQ is sitting in a key support/resistance zone (highlighted as a yellow box). Ideally, we want to see a break above the Value Area Low (VAL) and the completion of a smaller 5-wave cycle, marking the end of wave (i). A bearish divergence on the RSI at this stage would add confluence. Following this, a pullback could provide the perfect entry point for a long position.
At this time, we haven’t placed a limit order. A break below $55 would be a critical red flag, suggesting potential bearish developments, though this scenario seems unlikely without unexpected negative news.
AMZN Fib Circles Gann FanNASDAQ:AMZN
Nice trend spotted using this Gann Fan on the Fib Circles. Each time you bounced off the bottom of the purple line the stock went to new highs. Marked these points with the "Arrows"
Looking at the Fib Circles, the stock can be seen entering a new range which means new highs.
Amazon is looking good.
Comment what you think about this chart.
Comment any tips or suggestions.
NASDAQ:AMZN
XTIUSD BEARISH OPPORTUNITYHello Everyone!
How are you all?
XtiUsd is an instrument to watch this week, because it is shaping up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a short continuation because of the following reasons:
1. The overall trend is bearish
2. The price has formed a continuation structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag.
Textbook Reversal Setup: Liquidity Zone + Channel BreakReversal Setup Analysis: HTF Liquidity Zone + Ascending Channel Breakdown
This chart highlights a high-probability bearish reversal setup based on key technical confluences. Here’s a step-by-step breakdown of the analysis:
1. High-Timeframe (HTF) Liquidity Zone (LQZ):
- The red zone marks a major HTF supply area where price previously rejected with a strong impulsive move downward. This liquidity zone is critical as it represents an area where institutional players have shown activity, creating a high-probability region for a potential reversal.
- As price approached this zone again, it did so in a corrective manner (via an ascending channel), which indicates weakening bullish momentum.
2. Impulsive vs. Corrective Structures:
- Impulsive Move: The strong move away from the HTF LQZ (highlighted earlier in the chart) confirms bearish intent, serving as a key reference point for this trade idea.
Corrective Structure: The price forms an ascending channel on the way back to retest the HTF LQZ, signaling exhaustion of buyers.
- The third touch of the channel’s trendline coincides with the HTF LQZ, adding confluence for a potential bearish reversal.
3. Liquidity Zones in Play:
- HTF Liquidity Zone (Supply): Serves as the key resistance level and primary rejection zone.
- 15-Minute Liquidity Zone (Demand): Acts as a potential target for bearish momentum post-breakdown.
- This multi-timeframe liquidity alignment strengthens the trade idea by providing clear areas of interest for entry, stop-loss, and take-profit placement.
4. Breakdown Entry and Structure:
- Entry Trigger: The trade is triggered on the break of structure, where price falls through the lower boundary of the ascending channel. This breakdown confirms bearish momentum resuming after the corrective phase.
- Stop-Loss Placement: Ideally placed above the HTF liquidity zone and beyond the third touch of the channel to account for potential fake-outs.
- Take-Profit Levels: Targets can be set near the 15M liquidity zone or prior swing lows for a solid risk-to-reward ratio.
5. Key Takeaways:
- This setup offers an excellent example of combining HTF liquidity zones, structural patterns, and market context to develop a high-probability trade idea. The rejection from the HTF LQZ aligns with the broader bearish narrative, while the ascending channel acts as a corrective structure leading to a continuation of the downward move.
- By focusing on confluence factors like liquidity zones, impulsive vs. corrective moves, and structural breaks, this trade idea demonstrates a disciplined and strategic approach to trading reversals.
Educational Insights:
- Always zoom out to identify HTF zones of significance to ensure alignment with the larger market context.
- Differentiate between impulsive and corrective structures to gauge the strength and intent of price movements.
- Use pattern confluences (e.g., ascending channels) in combination with key zones to identify high-probability entries.
- Prioritize patience and discipline by waiting for clear structural breaks to confirm your setup.