Get started

Community ideas

Google - It Is Bullish Either Way!Google ( NASDAQ:GOOGL ) will follow one of two scenarios: Click chart above to see the detailed analysis👆🏻 Google just perfectly followed the anticipated bullish break above the previous all time high, the retest and the bullish continuation towards the upside. Even if we see another retest of the breakout level, Google remains in an overall uptrend and the path of least resistance is higher. Levels to watch: $200, $150 Keep your long term vision, Philip (BasicTrading)
NASDAQ:GOOGLLong
by basictradingtv
12
Is a 5 percent drop in markets on the way?Is a 5 percent drop in markets on the way? Currently, the European and American indices are approaching all-time highs. Right now, the chances of the market losing 5% are much higher than the reverse. One of the main drivers of the rise in U.S. stocks is Nvidia, which recently ranked first as the highest value stock in the world. Nvidia continues to be a dominant force in the technology market. However, investors may not be paying attention to the warning signs: the company recently reported weak guidance for the next quarter and the revenue growth rate is slowing. In addition, the price-earnings ratio is currently at 34, which is extremely high and could indicate a speculative bubble situation. Are the tech giants influencing the market? Let us continue with the example of Apple, one of the biggest players in the technology market. Early reviews for the new I-Phone 16 with Gen AI seem negative, which could lead to a possible failure of the product. At the same time, financial data show a PE ratio of 34 and revenue growth of 0.43 percent year-over-year, which seems unrealistic. These factors combined could be seen as signs of a rapidly expanding bubble. However, among the tech giants, Microsoft has suffered the most significant impact. After losing its investment in OpenAI and facing challenges such as dependence on Nvidia's infrastructure and other artificial intelligence issues, it was recently downgraded to third place. The recent growth of the S&P 500 is largely driven by the Gen AI theme, thanks to the important contribution of mega caps such as Apple, Nvidia and Microsoft. However, this dependence on large companies cannot last: they are overvalued and their growth is slowing. A healthier balance in the index is needed for sustainable growth. Vix and Germany send warning signals The economic situation in Europe is not favorable, as shown by the recent negative unemployment figure in Germany. The German unemployment index measures changes in the number of people out of work in the country. This latest figure shows an upward trend, pointing to a weak labor market that has a negative impact on consumer spending and thus on overall economic growth. Another important index to keep an eye on is the VIX, also known as the “fear index.” This volatility index is calculated using option prices on the S&P 500. When investors begin to worry about a possible stock market crash, they buy put options to protect themselves. This increases the demand for and prices of put options, and thus the VIX. In general, when uncertainty is low, the VIX stays below 15, indicating a macroeconomically stable bullish market. However, at times of increased uncertainty or fear of a recession, the VIX rises above 20. This was evident during the market's most critical periods in 2000, 2008, and 2020. Attention must be paid to the situation in the Middle East, as there are many unknowns. The worst case scenario is that Israel could attack Iran's energy infrastructure. This could lead to Iran retaliating by striking Israel's energy infrastructure and perhaps those of other oil-producing countries in the region. In either case, there would be a sharp rise in oil prices and the risk of a possible global recession, as happened in 1973. In summary, I expect a modest market decline of about 5 percent in November, followed by new highs in December thanks to the markets' traditional Christmas rally. If you would like to be notified whenever I post a new article, just click on “FOLLOW” above. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help.
SP:SPX
by Antonio_Ferlito
NZDUSD Daily Outlook: Bullish Bias Expected Amid Key FundamentalNZDUSD Daily Outlook: Bullish Bias Expected Amid Key Fundamental Drivers (07/11/2024) Overview On 7th November 2024, NZDUSD is showing signs of a slight bullish bias, driven by key economic data releases and broader market sentiment. This article provides an in-depth look at the factors shaping NZDUSD today, including central bank commentary, global market trends, and recent shifts in risk sentiment. Keywords: NZDUSD forecast, New Zealand dollar, forex trading, USD, economic data, central bank policy, risk sentiment, technical analysis, forex market --- Key Factors Supporting NZDUSD Bullish Bias Today 1. Federal Reserve Dovish Outlook Recent Federal Reserve statements have taken a slightly dovish tone, with policymakers emphasizing a "wait-and-see" approach to further rate hikes. The possibility of a Fed pause on interest rates provides support to the New Zealand dollar, as market sentiment leans towards a softer USD. 2. RBNZ’s Hawkish Stance on Interest Rates The Reserve Bank of New Zealand (RBNZ) recently signaled a focus on inflation control, reinforcing a hawkish stance relative to the Fed. This contrasts with other central banks, positioning NZD as an attractive currency in the current global environment. Markets are pricing in a limited chance of a rate hike from the RBNZ in the near term, which could further support NZD. 3. Improved Risk Sentiment Global markets have seen an increase in risk appetite, with equities rebounding and commodities trading higher. This shift often benefits the NZD due to its reputation as a commodity-linked and high-yield currency. As investors seek yield, demand for the New Zealand dollar may rise, enhancing NZDUSD. 4. Strong New Zealand Economic Data New Zealand’s recent economic data, including employment figures and business confidence, indicate resilience in the economy. Solid domestic growth and low unemployment rates suggest underlying strength, which could further boost NZD demand against USD. 5. Technical Analysis Indicators From a technical standpoint, NZDUSD is approaching key support levels around 0.5900, showing upward momentum and signaling a potential reversal. RSI (Relative Strength Index) levels indicate that the pair may have room to move higher before hitting overbought territory, aligning with a bullish outlook. NZDUSD Today: What to Watch For - US Initial Jobless Claims – Scheduled later today, these figures may influence USD if they show a labor market slowdown, potentially adding to the Fed’s dovish stance and supporting NZDUSD. - NZDUSD’s Resistance Levels – Key resistance near 0.6050 could be tested if bullish momentum continues, while support at 0.5900 could offer a base. Conclusion Given the softer stance from the Federal Reserve and favorable economic data from New Zealand, NZDUSD shows signs of a slight bullish bias. As always, forex traders should monitor any significant data releases closely, as these could prompt volatility in NZDUSD. SEO Tags: #NZDUSDforecast #ForexTrading #NewZealandDollar #USD #NZDUSDtechnicalanalysis #ForexMarket #RiskSentiment #CentralBankPolicy #DailyForexAnalysis
Long
by PERFECT_MFG
Cardano most passive scenario when Crypto/BTC pops Here a lidle Fib/Waveanalysis of Cardano aka ADA. Just dont forget to mention that this is the most passive wave target with the assumption that we in thie case allready bottomed in WAVE2 Correction, waiting for impulsive start into Wave 3. Wave 3 to 5 are more or less assumptions that only work out when my theory of done wave 1 and 2 has been done allready and validated by a impulsive wave 3. Facts that we can mention is, that after last bullrun WAVE1 is perfectly arrived in Fib range 88.6 to 78.6 thats a detail that makes me really safe about that whole structure i drawed in that chart. At the end i will update Target when we drag a bit from actual price to 0.23$ and my thesis still would be valid. !!! If we go lower then the 0.23$ then my thesis would be invalidate and we are still in correction of the last bullrun. !!! Target of Wafe 5 is when everything runs minmimalistic with elliotwave targets is around 1.19$ Stay tuned folks
Long
by RairyHectum
Diwali Muhurat Trading Pick - Samvat 2081 - Sector BaseMUHURAT TRADING PICKS SAMVANT 2081 AUTO SECTOR 📊 Script - MOTHERSON ⏱️ C.M.P 📑💰- 181.15 🟢 Target 🎯🏆 - 216 🔵 Target % 🎯 - 16.13 📊 Script - TATAMOTORS ⏱️ C.M.P 📑💰- 835.25 🟢 Target 🎯🏆 - 1040 🔵 Target % 🎯 - 19.69 📊 Script - APOLLOTYRE ⏱️ C.M.P 📑💰- 502 🟢 Target 🎯🏆 - 615 🔵 Target % 🎯 - 18.37 POWER SECTOR 📊 Script - POWERGRID ⏱️ C.M.P 📑💰- 320.8 🟢 Target 🎯🏆 - 383 🔵 Target % 🎯 - 16.24 📊 Script - JSWENERGY ⏱️ C.M.P 📑💰- 679.8 🟢 Target 🎯🏆 - 804 🔵 Target % 🎯 - 15.45 FINANCIAL SECTOR 📊 Script - PFC ⏱️ C.M.P 📑💰- 455.2 🟢 Target 🎯🏆 - 536 🔵 Target % 🎯 - 15.07 📊 Script - HUDCO ⏱️ C.M.P 📑💰- 217.19 🟢 Target 🎯🏆 - 272 🔵 Target % 🎯 - 20.15 📊 Script - PTC ⏱️ C.M.P 📑💰- 182.5 🟢 Target 🎯🏆 - 215 🔵 Target % 🎯 - 15.12 FMCG SECTOR 📊 Script - VBL ⏱️ C.M.P 📑💰- 600 🟢 Target 🎯🏆 - 702 🔵 Target % 🎯 - 14.53 📊 Script - DODLA ⏱️ C.M.P 📑💰- 1181.2 🟢 Target 🎯🏆 - 1384 🔵 Target % 🎯 - 14.65 📊 Script - RADICO ⏱️ C.M.P 📑💰- 2379 🟢 Target 🎯🏆 - 2569 🔵 Target % 🎯 - 7.40 IT SECTOR 📊 Script - NEWGEN ⏱️ C.M.P 📑💰- 1285 🟢 Target 🎯🏆 - 1405 🔵 Target % 🎯 - 8.54 📊 Script - CIGNITITEC ⏱️ C.M.P 📑💰- 1414 🟢 Target 🎯🏆 - 1552 🔵 Target % 🎯 - 8.89 📊 Script - MPHASIS ⏱️ C.M.P 📑💰- 2883.5 🟢 Target 🎯🏆 - 3283 🔵 Target % 🎯 - 12.17 METAL SECTOR 📊 Script - JINDALSAW ⏱️ C.M.P 📑💰- 316 🟢 Target 🎯🏆 - 354 🔵 Target % 🎯 - 10.73 📊 Script - JSL ⏱️ C.M.P 📑💰- 672.3 🟢 Target 🎯🏆 - 766 🔵 Target % 🎯 - 12.23 📊 Script - WELCORP ⏱️ C.M.P 📑💰- 728.65 🟢 Target 🎯🏆 - 794 🔵 Target % 🎯 - 8.23 📊 Script - HINDZINC ⏱️ C.M.P 📑💰- 557 🟢 Target 🎯🏆 - 641 🔵 Target % 🎯 - 13.10 REFINERIES SECTOR 📊 Script - HINDPETRO ⏱️ C.M.P 📑💰- 382 🟢 Target 🎯🏆 - 424 🔵 Target % 🎯 - 9.91 📊 Script - IOC ⏱️ C.M.P 📑💰- 142.89 🟢 Target 🎯🏆 - 161 🔵 Target % 🎯 - 11.25 📊 Script - CHENNPETRO ⏱️ C.M.P 📑💰- 640.7 🟢 Target 🎯🏆 - 734 🔵 Target % 🎯 - 12.71 PHARMA SECTOR 📊 Script - AJANTPHARM ⏱️ C.M.P 📑💰- 3052.55 🟢 Target 🎯🏆 - 3253 🔵 Target % 🎯 - 6.16 📊 Script - MARKSANS ⏱️ C.M.P 📑💰- 290.25 🟢 Target 🎯🏆 - 313 🔵 Target % 🎯 - 7.27 📊 Script - PPLPHARMA ⏱️ C.M.P 📑💰- 268 🟢 Target 🎯🏆 - 300 🔵 Target % 🎯 - 10.67 REALITY SECTOR 📊 Script - OBEROIRLTY ⏱️ C.M.P 📑💰- 1980 🟢 Target 🎯🏆 - 2225 🔵 Target % 🎯 - 11.01 📊 Script - GODREJPROP ⏱️ C.M.P 📑💰- 2883.5 🟢 Target 🎯🏆 - 3198 🔵 Target % 🎯 - 9.83 📊 Script - ANANTRAJ ⏱️ C.M.P 📑💰- 740 🟢 Target 🎯🏆 - 761 🔵 Target % 🎯 - 2.76 HOTELS AND RESTAURANTS SECTOR 📊 Script - INDHOTEL ⏱️ C.M.P 📑💰- 676.3 🟢 Target 🎯🏆 - 750 🔵 Target % 🎯 - 9.83 📊 Script - CHALET ⏱️ C.M.P 📑💰- 870 🟢 Target 🎯🏆 - 973 🔵 Target % 🎯 - 10.59 THESE PICKS ARE FOR PURLY LONG TERM ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. HAPPY DIWALI AND PROSPEROUS NEW YEAR 🎆🧨 Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:MOTHERSONLong
by radha_23
if 2700 resistance strong, 2608 support broken, target 2580 zoneif retest 2700 resistance, 2608 support broken, target 2580 zone but there is potential weekly continue to drop mean we will see more correction later there 3 scenario 1. still going up to 2770 but stochastic not bottomed yet 2. straight to 2580 mean weekly bearish trend started target 2440 later 3. drop to 2640 then up to 2700 resistance retest and drop to 2580, this scenario still believed to leading to weekly bearish trend
OANDA:XAUUSDShort
by salvanost
LCID - Buying A Diabolical Chart Devastating crash from the breakaway gap and it has plunged below support. As I covered before, this could well be a downtrend and there are plenty of EV's in what appear to be perpetual downtrends. This could well be another EV that never recovers. However in terms of liquidity, it has made a new low below support and back within the long term 2.272 Golden Window. And so reversals are more likely in this area. In addition, the day RSI hit 23 yesterday which is almost as low reading as the previous crash low in January. Earnings coming up and with the chart looking so diabolical, logic of reverse psychology suggests that it may have a bullish reversal. It may not, it may just die but I think this has a good chance to at least see some sort of bounce back above support. And it could be a big bounce. And its not impossible that it could even be a ST Secondary Test market bottom, though that has to be somewhat outside odds. So i'm playing LOTTO here and i'm buying that chart because it is oversold, the chart looks diabolical, its in higher liquidity area in printing a new low and earnings are next week. Not betting the farm 😅. Not advice.
NASDAQ:LCIDLong
by dRends35
2
Btc will probably the last bull ride. Until next retracementHey everyone! Here's a quick look at Bitcoin's possible path based on some popular chart patterns. 🎢📈 Imagine riding a rollercoaster with 5 big hills—up, down, up, down, and then up again! In these charts, each number (1 to 5) shows those ups and downs that experts look for in prices. 🚀📉 The colorful lines help us see where Bitcoin might go next. The yellow lines show the path it's following, like train tracks keeping it on course. The blue boxes and dashed lines show "power-up zones" where Bitcoin might stop, bounce, or change direction, kind of like a game checkpoint! 🟦🎯 The whole idea? Bitcoin might keep going up, but it'll have some bumps along the way. This pattern helps people guess where those bumps might happen. 💡 Remember, these are just guesses based on patterns, like predicting the next moves in your favorite game! 🎮🔥 Stay curious and keep learning!"
INDEX:BTCUSD
by EpicM
USD/CAD chart on the 4-hour timeframeUSD/CAD chart on the 4-hour timeframe, here's a detailed analysis for potential future movements, along with suggested entry, take profit (TP), and stop loss (SL) levels based on a 1:3 risk-to-reward ratio. Analysis: 1. Trend Observation: Uptrend: USD/CAD has shown strong bullish momentum, reaching new highs in the recent period. The pair appears to be in an uptrend, with higher highs and higher lows. 2. Key Support and Resistance Levels: Resistance: Around 1.3950 (near recent highs). This level has been tested but not broken, indicating selling pressure. Support: Around 1.3810 and 1.3680. These levels have previously seen buying interest and could provide support if there is a retracement. 3. Potential Scenarios and Setups: Bullish Scenario (If uptrend continues): USD/CAD may find support near 1.3810, and a bullish reversal from this level could signal a continuation of the uptrend. Watch for bullish confirmation signals such as strong green candles near support. Bearish Scenario (If resistance holds or a reversal occurs): If USD/CAD fails to break above 1.3950 and shows signs of reversal, a pullback towards support at 1.3680 is possible. Strategy Summary: 1. Risk-to-Reward Ratio: Both setups are designed to provide a 1:3 risk-to-reward ratio. 2. Market Confirmation: Wait for confirmation patterns (e.g., candlestick patterns like engulfing candles) before entering to increase the probability of success. 3. Monitor Economic Events: USD/CAD can be impacted by U.S. and Canadian economic announcements, oil prices, and interest rate decisions from the Federal Reserve and Bank of Canada.
Short
by ShariarsLife
NEAR Around Key Levels—Is a Major Bullish Move on the Horizon?Yello, Paradisers! Could #NEAR regain its slowed momentum? Currently trading within a moderate range, #NEARUSDT may soon retest lower supports for a bounce or break past resistance to regain momentum. 💎The primary hurdle for NEAR lies between $4.30 and $4.40—a previously strong support level that bulls must reclaim. A successful push above this zone could signal a deviation, potentially setting NEAR up for an upward move. 💎If this level is reclaimed, price targets shift towards the descending resistance at $4.90-$5.00, a range crucial for initiating a broader bullish trend. Breaking through this descending resistance would open up further upside toward $5.20, followed by major resistance between $5.70 and $5.90. 💎On the downside, NEAR has solid base support in the $3.75 to $3.85 range, with additional support between $3.35 and $3.45. These levels have shown resilience, and strong bullish reactions are expected should prices retest them. Keep a close eye, Paradisers. Watching these key levels will be essential to navigating NEAR’s next move. Remember, a disciplined approach is your best asset for long-term success! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
Will Silver Close at the High This Year?In September, we discussed the potential of silver forming a 'Cup & Handle' pattern, similar to what we observed with gold at the end of 2023. We saw how gold performed in 2024. If the Silver can settle at around here at the end of this year, establishing this formation, we should be able to see the rising trend of the Silver in 2025. In this tutorial, we will discuss why silver may close higher towards end of the year. Silver Futures & Options Ticker: SI Minimum fluctuation: 0.005 per troy ounce = $25.00 Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:SI1!Long
by konhow