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GBPUSD: Sell Positive. Emphasis on 1,262FX:GBPUSD falling and reaction to the "flag" model. The price is checking the strong support level around 1,262 ... The basic context still supports the dollar. Theoretically, the currency briefcase after breaking the channel increases, the price has formed a adjustment and now is decreasing. The areas of interest in our case may be 1,260, 1,257, 1,252. Basically, the trend of this pair of money may be due to the weaker US dollar and the market environment is psychologically avoiding risks. Traders are still cautious in the context of geopolitical tensions and mild economic calendar. Fedpeak is noticed. There is no news until the Fed speaks, so the basic context remains the same. The market may stop and go into the consolidation process, but with the high possibility that the decline after a breakthrough 1,262 will continue ...
Short
by Bentradegold
1
SHIB: Keep an eye on this level! If you're looking to trade SHIB at the moment, here's a quick setup that you might find helpful! The idea is: Buy when the price breaks above 0.0000263$ and take profits at the levels shown in the chart. Targets: 1. 0.0000265$ 2. 0.000027$ 3. 0.0000275$ ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!). Our TradingView page serves as a testament to this claim, and we invite you to verify it!
Long
by MBM_Crypto
GBPAUD Potential channel breakout to the downsideGBPAUD is exhibiting bearish momentum, characterized by lower lows and lower closes. The pair is currently testing the previous daily low; a close below this level could lead to a decline toward the channel's lower boundary. The previous day's candle featured a long tail, indicating potential for a retest of the round number at 1.9300. If bearish momentum persists, the price may break through the channel and move lower. The target is the support level at 1.9310
Short
by RTED_Investing
Understanding the S&P 500's FundamentalsUnderstanding the S&P 500's Fundamentals The S&P 500 is a stock market index that tracks the performance of 500 large-cap U.S. companies. To understand its fundamentals, we need to delve into its components, key metrics, and influencing factors. Key Fundamental Metrics: Earnings per Share (EPS): This measures a company's profitability by dividing its net income by the number of outstanding shares. A higher EPS generally indicates a healthier company. Price-to-Earnings Ratio (P/E Ratio): This compares a company's current share price to its earnings per share. A lower P/E ratio may indicate a stock is undervalued. Dividend Yield: This is the annual dividend per share divided by the share price. It represents the return an investor receives from dividends. Price-to-Book Ratio (P/B Ratio): This compares a company's market value to its book value (assets minus liabilities). A lower P/B ratio may indicate a stock is undervalued. Debt-to-Equity Ratio: This measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates a healthier financial position. Factors Affecting the S&P 500: Economic Indicators: Factors like GDP growth, interest rates, inflation, and unemployment rates can significantly impact the performance of the S&P 500. Industry Trends: Changes in specific industries can affect the performance of certain S&P 500 components. Geopolitical Events: Global events such as wars, trade disputes, and political instability can create uncertainty and volatility in the market. Investor Sentiment: Market sentiment, driven by factors like news, economic data, and corporate earnings, can influence the overall direction of the S&P 500. How to Analyze the S&P 500's Fundamentals: Track Key Metrics: Monitor the overall P/E ratio, dividend yield, and other metrics to gauge the market's valuation. Analyze Economic Indicators: Pay attention to economic data releases, such as GDP reports, inflation figures, and interest rate decisions. Monitor Industry Trends: Stay informed about the performance of different sectors within the S&P 500. Consider Geopolitical Factors: Be aware of global events that could impact the market. Assess Investor Sentiment: Gauge market sentiment through news, social media, and analyst opinions. Where to Find Information: Financial News Websites: Websites like Bloomberg, Reuters, and CNBC provide real-time news and analysis. Financial Data Platforms: Platforms like Yahoo Finance, Google Finance, and Seeking Alpha offer detailed company and market data. Brokerage Accounts: Many brokerage accounts provide tools and research to analyze stocks and indices. By understanding these fundamental factors and using reliable sources of information, you can make informed decisions about investing in the S&P 500.
SP:SPX
by ITManager_US
EURUSD Trading Journal EURUSD Trading Journal Nov 21 insights Price enters Thursday with a consolidation-continuation pattern to the up side. Asia rebalances previous days FVG, Swings up to create equal highs. At 1 am London Macro price expands to the downside with energy. I traded a short sloppy entry and could not take the heat but price hit my targets. I exited not trusting my analysis. News driver in NY false move and at 10 am Macro Price expands to the down side again. I was looking for a long after the news driver-due to the logic that price was in a discount and could very easily turn around. NOPE. Price cuts through 3 sell side levels as it sells off. Classic ICT formation of the 2022 model 10 macro. Price swings up for a raid on stops, creates FVG inside the macro, parent bias is bearish, key sell side stops to gravitate too the only factor that does not meet trade criteria is price is in a discount on the previous day's session and we do not sell in a discount. However for the London session Price comes to the 50% and 10:10 candle could have went short. Taking partials at all three sell side noted targets. 430am to 10am could that be a breaker pattern? Higher highs when bias is bearish? For sure a day of distribution.
by LParnell
KGB CONTINUE MARK UPThis is a very big Re-Accumulation Pattern But seems like more towards An Atypical Type of Re-accumulation #2 Schematic, The Rising bottom Vol has been evaporating, which probably supply been succesfully absorbed (Red Arrow) What attract me the most, is that , despite Huge demand on 13/11/24 (blue arrow), there were not much selling pressure Current price action might be a sign of LPS, Thus breakout of LPS probably an indication of Continuation of SOS (Sign Of Strength) KGB might be one of the Leader in Tech Sector/Semiconductor-Related Thus, position initiated today \ Tight SL Pure Wyckoff
MYX:KGBLong
by drsyariz
TradeCityPro | Solana Ready to Rise or Follow BTC.D ?👋 Welcome to the TradeCityPro channel! Today, we’re diving into an analysis of the popular coin, Solana, reviewing past entry points, and scouting for new opportunities in the potential crypto bull run. 🟠 Bitcoin has hit a new high and maintained its dominance at 61.70%, effectively leading the market, Even if you missed opening long positions on BTC, there's good news—its dominance is on the rise, and the altcoin season might kick off soon! 🚀 Weekly Timeframe: Solana’s Stellar Performance Solana has been one of the market’s strongest performers, moving in sync with Bitcoin and outperforming many altcoins. Its market cap has even reached a new all-time high (ATH)! My personal entry point was at $27.67, followed by entries after breaking $47.88 and $124.59 on lower timeframes. If you’re in profit like me, consider: 1 - Withdrawing initial capital. 2 - Moving your holdings to DeFi platforms for added utility. New entries at this stage carry higher risk, as fewer confirmations are available. Wait for a break above $250.36 or even explore lower timeframes for better setups. We drew Fibonacci levels from $208.61, showing a correction around $124. Using Fibo extensions, potential targets are: $284 - $367 - $474 - $682 breakout above RSI 80.85, combined with increasing volume, could trigger these moves. 🌌 Daily Timeframe: Parabolic Growth Solana is forming a parabolic uptrend, with higher highs and higher lows. If the daily candle closes with strong volume, it could engulf previous candles, making it a great entry near $187 with a stop loss. After support at $162 was broken, two red candles were engulfed, confirming a fake breakout , Use this strategy on lower timeframes to enter positions aligned with the bullish trend. 🕒 4-Hour Timeframe Insights After breaking its daily range high at $185.34, Solana continued its rally, now at $244.57. stop-buy order was placed after breaking $221.75, supported by buyer momentum, and the position remains open , break above $246.29 will confirm our long position and momentum continuation. Avoid opening shorts under current conditions, Even in a 20% drop, I’ll focus on confirmations in lower timeframes to re-enter long positions. 💎 Solana/BTC Pair Insights Unlike most altcoins, which are at record lows against Bitcoin, Solana is holding steady. breakout above 0.0027030 BTC could spark a new rally, making it a prime candidate for entries. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
8
Is a massive correction for alt tokens about to print?This is a short term forecast affecting anything inside the TOTAL2 market cap. That is the entire crypto market excluding Bitcoin. The crash is forecast to occur over the next 14-20 days. In four days from now a “life cross” will print on the above daily chart, it is inevitable. What is a life cross? It is when the 50 day simple moving average (blue line) crosses up the 200 day simple moving average (red line) AND Price action is above the 200 day simple moving average. The majority of market participants see this as a positive sign. A green light to enter long positions. However for you lucky what is it now wow 14,000 followers (thank you!), you’ll now know it is not what it seems. Like me you're scientific about all this and look left. But before we look left, I want you memorise how far TOTAL2 market capital is above the 200 day SMA, about 30% November 12th, 2023 life cross -10% correction Price action was 20% above the 200 day SMA February 18th, 2023 life cross -15% correction Price action was 15% above the 200 day SMA February 2020 and May 2020, -70% and -17% corrections Price action was 57% and 20% above the 200 day sma April 13th, 2019. Life cross -23% correction Price action was 34% above the 200 day sma In summary, the further price action was above the 200 day SMA the harder it dropped. We can infer that a 15-20% correction should be expected across TOTAL2. Use this low as an opportunity to collect your favourite token from emotional sellers. Ww
CRYPTOCAP:TOTAL2
by without_worries
26
XRP is flying towards the sky!!XRP is emerging from the triangle with a huge upward movement, the price increase itself reaches 165%, which gives a very good result among the leading cryptocurrencies. You can see here how the price is dynamically approaching a very strong resistance zone from the level of $1.42 to the level of $1.61. This is a very important zone that should be monitored, because moving upwards from this zone will open the way to the previous ATH, but if the zone rejects the increase, we will be able to see the price quickly return to around $1.06, and then we can see the level around $0.8.
Long
by cryptodailyuk
DYDX/USDT Trading ScenarioDespite the recent significant rise in BTC, most altcoins continue to trade near their historical lows. For instance, the DYDX token is currently priced at $1.2065, which is close to its minimum value of $0.8176. Trading volumes have been gradually increasing, and the volume profile indicates prolonged accumulation of the asset since the beginning of 2022. There is a possibility of a decrease in BTC dominance, which could signal the start of an altseason. In such a market condition, DYDX has the potential for significant growth.
by Rick_SimpleSwap