Tesla What Next? TSLA Buy Bargain OR Bust?✅️Now you guys know my thoughts on this and although TESLA has been beaten ⚫️black⚫️ and 🔵blue🔵 recently somehow there may be an opportunity on the horizon.🚀
ℹ️ The way I look at it is unless you think TSLA is dead forever and to be cast to the dustbin 🟢SeekingPips🟢 would be looking for a buying opportunity.
👌I don't know who coined the phrase first however it's one that 🟢SeekingPips🟢 loves and uses often it's
⭐️"BUY WHEN THERES BLOOD IN THE STREETS"⭐️
⚠️Now don't get me wrong it doesn't mean I will be loading up gun ho RIGHT AT THIS MOMENT but it certainly DOES MEAN I'M NOT A SELLER AND STALKING BUYING OPPORTUNITIES✅️
❓️What's you thoughts on Tesla❓️
Share your thoughts with 🟢SeekingPips🟢
Multiple Time Frame Analysis
NAS100 Potential Intraday Shorts (Technical Analysis)Technical Outlook:
The price action since late February has been decisively bearish, characterized by a significant decline throughout March, indicating a clear mid-term distribution phase. We observed a recent rejection from a 4H and 1H supply zone (which fell within a pronounced drop-base-drop pattern). Notably, the most recent downward push failed to establish new lows. This follows a period of rapid decline with minimal bullish resistance. This suggests two possibilities:
Bulls are strategically allowing sellers to exhaust themselves before a potential countermove.
The prevailing bearish momentum is overpowering any attempts at bullish recovery.
Trading Considerations:
The daily candle has formed a bearish engulfing pattern, confirming strong selling pressure. My trading strategy involves waiting for a price retracement back into the identified supply zone. This pullback would serve to fill existing price imbalances and trigger resting orders above, providing an opportunity to enter short positions with improved risk-to-reward ratios on lower timeframes (LTFs). Currently, there are no indications of significant bullish manipulation. Therefore, I anticipate continued downward momentum this week. It's plausible that we might witness a final bearish surge coinciding with the FOMC announcement before a potential bullish reversal - a hypothetical scenario based on technical analysis.
Final Notes:
The previous instance of the price trading this far below the 200 EMA occurred in December 2022, marking the culmination of a year-long bearish trend. While we are currently only one month into this downward movement, it's crucial to remember that past performance is not indicative of future results. Although a bullish rally is possible, I will maintain a bearish bias and focus on short opportunities until a clear bullish reversal pattern emerges on the 4H and 1H timeframes. When such a reversal occurs, we will be ready to capitalize on the subsequent upward trend! ;)
STRONG UPMOVE as expected! What’s next? As we can see NIFTY finally showed its strength after testing our patience as discussed in our previous analysis that it formed bullish flag-pole pattern. Now following the structure we can see more room for upmove in NIFTY reaching its trendline resistance but based on global cues we can expect a weaker opening can be followed by strong closing so plan your trades accordingly and keep watching.
Short on EUR/USD as order block is now being formedWe have a liquidity sweep and order block forming on the upside. As we look for the break below equilibrium and a full break of structure we will short and target previous lower levels of liquidity. Keep in mind news is strong this week with FOMC on wed. and Unemployment on Thur.
XRP Next Move !... $4 XRPUSD Ripple Just A Matter Of Time? $€£¥This space seems a bit quite now but if you liked XRPUSD / XRPUSDT at $3 what has changed now?
When the hype is around thats the time to be ⚠️ cautious IMO.
When there is little attention of the said market thats when 🟢SeekingPips🟢 likes to get to work.
⚠️This time is NO different⚠️
NOT SURE WHERE THE NEXT LOW WILL FORM❓️
ME NEITHER❗️❕️❗️
🟢 You don't need to know❗️ You just need to HAVE A PLAN ✅️
Long trade
1Hr TF overview
Trade Details:
Direction: Buy (Long)
Entry Price: 1.09370
Take Profit: 1.10467 (+1.00%)
Stop Loss: 1.09190 (-0.16%)
Risk-to-Reward Ratio (RR): 6.09
Trade Analysis:
The Tokyo session transitioning into London based on the narrative of demand and supply seemed indicative of a buyside trade and the price action observed on the 1Hr TF.
Entry 15min TF
GBPUSD Continuiation bearish Tuesday 18th pending FOMCThe bearish trend persists as price clears key liquidity levels, including the 4-hour buy-side imbalance (BISI) at 1.29675. Additionally, price filled an imbalance at the 1-hour sell-side imbalance (SIBI), further solidifying the bearish narrative. Price appears to target the 1-hour imbalance at 1.29505 for potential rebalancing. After retracing into the 15-minute BISI, which inverted at 1.29776, a sharp reversal followed a liquidity sweep on the 1-minute chart at 1.29750. This move inverted the 1-minute BISI at 1.29700. Current targets include the sell-side liquidity at 1.29515 and the 1-hour BISI at 1.29500, where price might fulfill its rebalancing objective
NZDCAD: Bearish After the News?! 🇳🇿🇨🇦
NZDCAD turned bearish after a release of Canadian Inflation data.
The price retraced from a key daily resistance and broke
a support line of a rising parallel channel on an hourly time frame.
The market may drop at least to 0.8293
❤️Please, support my work with like, thank you!❤️
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EURGBP Trade Idea EURGBP is currently on a very strong bullish trend and as traders we should follow the trend making sure to capitalise on it. As we can see on this 1HR timeframe the market has been failing to break the newly formed support (previously resistance) this adds as confluence to take Long entries from this exact price.
USDJPY UPDATEPrice moved up as we speculated but unfortunately it didn't trigger our orders at around 147.986 before rising.
Currently, it still shows a potential of rising to 151.067. Let's look for a retracement so that we can join the move
REMINDER
1. We shouldn't panic if we miss a good opportunity, there will always be more in the future.
2. Let's stay disciplined and focused on the process.
Below is the link of the previous analysis incase you missed it:
AUDCAD LONGMarket structure bullish on HTFs 3
Entry at both Daily and Weekly AOi
Weekly Rejection from EMA
Daily rejection at AOi
Previous Daily Structure Point
H4 EMA retest
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.44
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
XAUUSD Update – Watching 4H Consolidation After ATH📺 Watch the video for more details.
Price has printed a 4H consolidation following the ATH. Key focus now:
🔹 Watching the high of consolidation for a potential breakout, retracement, and continuation.
🔹 Ideal scenario: False breakout & manipulation of the high, followed by a retrace back into the range.
🔹 Daily swing high in play, with Monday trading inside Friday’s range – opportunities for both continuation and retracement setups.
🔹 1H price action shows liquidity buildup below – potential fuel for a move lower.
📍 Still focused on a retracement back into discount levels of the current bullish expansion leg.
Let’s see what prints at Tuesday’s open.
US100 dropping? here's why I think soAs we can see the previous trend was an uptrend, we got a Change of Trend before the market dropped showing strong selling pressure and now the price looks like it's Retracing(Retest) before it continues it's movement down
what are your opinions on NAS100?🙃comment below
Bitcoin Sell SetupHi everyone.
I think this area has a lot of potential to put a sell order. We can set an order or wait for a CHoCH in lower TF and then find another entry setup.
I'll update TPs later.
Dear traders, please support my ideas with your likes and comments to motivate me to publish more signals and analysis for you.
Best Regards
Navid Nazarian
LONG ON BITCOINMarket structure wise Bitcoin looks like its ready to Rise.
Other political and economic factors are also being looked at as to why I am buying bitcoin.
But Its mainly The Market structure shift Im seeing on the charts that has me hitting buy!
Im looking to make about 7-8k points on BTC.
NIFTY showing signs of REVERSAL As we can see NIFTY can be seen in more like flag-pole pattern which shows bullish continuation structure and trading around resistance which previously acted as support making it weaker hence any closing above the pattern can show 23000++ in no time so plan your trades accordingly and keep watching.
Earnings soon, what will the movement be?All depends on movement prior to earnings, I drew my two different outlooks depending on if we rise prior to or decline prior to earnings.
With market tide shifting to bullish in the next month, I think we may pop to $12-$13.
Even if we drop after earnings, it will be a buying opportunity for the next year.
I have $12 calls expiring 3/28, wish me luck :)
GBPNZD SHORT Market structure bearish on HTFs DH
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Previous Daily Structure Point
Around Psychological Level 2.26500
H4 Candlestick rejection
Rejection from Previous structure
Levels 6
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.