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NIFTY : Analysis, levels, Prediction and next aheadThis chart provides an analysis based on Elliott Wave theory (Modified with psychological behavior), showing how the NIFTY 50 index has moved through different phases and highlighting important levels where price actions suggest significant market behavior.
Initially, prices consolidated around 21174-22469, forming the base of a larger upward move referred to as Wave C which was started from 15290 on weekly chart. This phase is significant because it shows the market finding strong support, where buyers stepped in to absorb selling pressure. This type of consolidation often indicates the foundation of a bullish rally. From here, the index began its upward journey, reaching an extended Wave C completion zone between 25,096 and 26,641 which was predicted on 30-Aug-2024 when prices were trading at 25151 .
from this range, prices started to lose strength, which is typical when markets approach exhaustion zones in an extended trend. The selling pressure increased, leading to a reversal.
charts.fyers.in
After hitting this extended resistance zone, the market entered a correction phase, forming Wave A. This phase is marked by a sharp decline, with prices finding support at 23,263, a significant 50% retracement of the previous move. Retracements like this are crucial because they represent a balance point where the market pauses to decide its next move. The 50% retracement is also a key Fibonacci level, often considered a strong resistance / support area. from retracement zone prices started decline again to complete its structure of ABC (Correction wave)
Currently, the index is trading in the first corrective Wave C zone between 22,762 and 23,061. This range is critical because it represents a decision point for the market. If prices hold here, it could signal the end of the correction and the start of a new upward wave. If the market fails to sustain this level, it could move further downward toward the extended correction zone at 21,617–21,893. This area is identified as a potential bottoming-out zone where strong support is expected. Historically, such zones offer good buying opportunities for traders looking for a trend reversal.
However, if prices fail to hold even this extended correction zone and break below 21,174, it would confirm a decisive bearish trend on both weekly and monthly charts. A breakdown like this would suggest a prolonged sideways or negative trend, meaning the market could struggle to recover for some time.
In summary, the chart highlights key areas to watch for potential market reversals. If prices hold above 22,762, there’s a good chance of a bullish recovery, and this could be a buying opportunity. On the other hand, if prices break below this level, the next significant support lies around 21,617–21,893. A failure to hold even that zone would shift the outlook to bearish, signaling the end of the bullish trend and a move toward a deeper correction. Understanding these levels and their significance helps traders and investors make informed decisions about when to enter or exit the market.
Reversal ZoneThe reversal zone has been identified based on volume and Fibonacci levels, and the likelihood of a reversal in these areas is high. Please note that trading in this zone requires the use of appropriate tools to obtain confirmations. This is solely an analysis and not a financial or trading recommendation. The responsibility for any risks taken lies with the readers. Wishing you success.
FOREX Forecast UPDATES! Monday Mar 3rdIn this video, we will update Sunday's forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.In this video, we will update the forecasts for the following FX markets:
GBP/USD 4H Analysis – Bullish SetupHello Traders 👋
Market Structure & Trend:
• GBP/USD is currently in an uptrend, forming higher highs and higher lows.
• The price is near a resistance zone, where a rejection or breakout could define the next move.
Key Levels & Zones:
• Resistance Zone (Blue Box at the Top): Around 1.2750 - 1.2800
• Support Zone (Blue Box in the Middle): Near 1.2550 - 1.2600
• Major Support (Lower Blue Line): Around 1.2350
Market Expectation:
• A rejection from resistance could push the price down toward the support zone (1.2550 - 1.2600).
• If price respects support, it could bounce back up toward 1.2750 - 1.2800, maintaining the bullish structure.
Trading Plan:
• Buy Setup: Look for a bullish confirmation in the support zone (1.2550 - 1.2600).
• Entry: Near 1.2580 (after price shows a reversal pattern).
• Targets:
• TP1: 1.2700
• TP2: 1.2750 - 1.2800
• Stop Loss: Below 1.2500
Note: Wait for confirmation before entering the trade to avoid false breakouts.
V-shaped bottom, strong reversal likely NYSE:HSY Hershey is looking at a potential bottoming out after showing strong bullish breakaway gap on 6th Feb 2025, first sign of a strong bottom rebound. Furthermore, the stock has formed a v-shaped bottom pattern and recent bullish candle has closes above the ichimoku's cloud, making the latest sign of a strong bullish confirmation based on ichimoku signal.
Long-term MACD has shown a clear return of bullish momentum after 1.) A crossover at the bottom and 2.) Histogram is positive.
Stochastic OScillator rose and has closed confirmed the oversold crossover and bullish momentum.
23-period ROC is rising.
We believe that HSY will likely stage a strong rebound as the weekly chart shows clear ending of the ABC corrective structure. Furthermore, 14-period RSI in the weekly chart shows a clear confirmation of a bullish divergence.
GBP/USD "The Cable" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at 1.23750 (swing Trade) Using the 4H period, the recent / nearest low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 1.28000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
GBP/USD "The Cable" Forex Market market is currently experiencing a bullish trend,., driven by several key factors.
🔰 Fundamental Analysis
The current price of GBP/USD is 1.25110, with a slight increase from the previous day's open price of 1.23935. This upward movement could be attributed to the UK's economic indicators, such as GDP growth rate, inflation rate, and employment data.
🔰 Macroeconomic Analysis
From a macroeconomic perspective, the UK's economy has been experiencing a slowdown due to Brexit uncertainties and global economic downturn. However, the Bank of England's monetary policy decisions, such as interest rate changes, have been influencing the GBP/USD exchange rate.
🔰 COT Report
Net Long Positions: Institutional traders have increased their net long positions in GBP/USD to 60%
COT Ratio: The COT ratio has risen to 2.5, indicating a bullish trend
Non-Commercial Traders: Non-commercial traders, such as hedge funds and individual traders, have increased their long positions to 65%
🔰 Technical Analysis
Trend Line: The pair is holding comfortably above the ascending trend line
Moving Averages: The 200-period and 100-period Simple Moving Averages (SMA) are indicating a bullish bias
Relative Strength Index (RSI): The RSI indicator on the 4-hour chart stays above 50, indicating a bullish trend
🔰 Market Sentiment
Bullish Sentiment: 63% of client accounts are long on this market, indicating a bullish sentiment
Bearish Sentiment: 37% of client accounts are short on this market, indicating a bearish sentiment.
🔰 Positioning Data Analysis
Institutional Traders: Institutional traders are positioning themselves for a bullish trend, with some predicting a move to 1.28000.
Corporate Traders: Corporate traders are also monitoring the pair's performance, considering factors like interest rates and global economic trends
🔰 Overall Outlook
Bullish Trend: The GBP/USD pair is expected to continue its bullish trend, with potential upside to 1.28000.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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I'll see you soon with another heist plan, so stay tuned 🫂
Third time, will it hold off again, as history repeatsAt this point, with market volatility, the selloff, looking likely to end even if temporarily with market indicators, looks like a swing for a few hundred, if not more, to the upside, certainly has a tenancy of being bought at higher levels at this mark.
ASX to find buyers at market price?AU200AUD - 24H expiry
Price action has continued to trend strongly lower and has stalled at the previous support near 8150.
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
A move through 8250 will confirm the bullish momentum.
The measured move target is 8300.
We look to Buy at 8175 (stop at 8125)
Our profit targets will be 8275 and 8300
Resistance: 8250 / 8275 / 8300
Support: 8200 / 8175 / 8150
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Check if it can rise above the long-term uptrend line (1)
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(ETHUSDT 1D chart)
In order to turn into an uptrend, the price must rise at least above the long-term uptrend line (1) and maintain the price.
Accordingly, the key is whether there is support near the 2706.15-2879.90 section.
If not, and it falls, the key is whether there is support near 2403.24.
The reason is that it has fallen from the long-term uptrend line (1) and is located below the M-Signal indicator on the 1D, 1W, and 1M charts.
Then, you need to be careful because there is a possibility of a step downtrend.
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, it is expected that prices below 44K-48K will not be seen in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, it is expected that this Fibonacci ratio will be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to this.
If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance.
The reason is that the user must directly select the important selection points required to generate Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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SPX 500 - simple trade idea- daily 200 MA
- lower trendline of the broadening wedge
- 5750 is 0.382 fib from 5 aug 2024 to 19 feb 2025
you can expect a bounce around 5750 that could lead to new ATH around mid april/may
if close daily below the trendline maybe hard times ?
lets follow the arrows
Confidence 5/10 as i'm not trading stocks
Chart Analysis (Zion Oil & Gas, Inc.)
📊 Ticker: OTC:ZNOG
📅 Timeframe: Daily Chart
📈 Current Price: $0.2445 (+3.92%)
🔍 Key Technical Indicators:
🔹 Parallel Channel: The stock is moving within an ascending parallel channel, respecting the midline (yellow dashed line) as dynamic support/resistance. A continuation within this channel suggests further upside potential.
🔹 Fibonacci Levels:
The stock is testing $0.27 (Fib 1.0 level) as resistance.
A breakout above could push it toward $0.38 (Fib 1.618 extension target).
A healthy retracement to $0.18-$0.20 (Fib 0.5-0.618) could provide a better entry before the next leg up.
🔹 RSI (Relative Strength Index):
Currently at 80.94, indicating overbought conditions.
If RSI stays above 86, it could signal a strong momentum continuation.
A pullback toward 58-60 RSI would be a more sustainable buying opportunity.
🔹 MACD (Moving Average Convergence Divergence):
Bullish crossover confirmed. The MACD line has crossed above the signal line, showing positive momentum.
The histogram remains green, further supporting the uptrend.
🔹 Volume:
Steady increase in volume suggests strong buyer interest.
A volume spike above the current 7M mark could confirm a breakout.
💡 Final Thoughts:
✅ Bullish Scenario: If ZNOG stays above $0.24-$0.27, it could see an upside move toward $0.38.
⚠️ Caution: RSI is overbought, so a short-term pullback to $0.18-$0.20 could offer a better risk-reward entry.
🔔 Key Levels to Watch:
Support: $0.20 | $0.18 | $0.16
Resistance: $0.27 | $0.30 | $0.38
GLOBAL MARKET shows no RESPITE Following the global cues we can expect NIFTY to open very weak which could be followed by further weakness but the demand zone seems to be eminent hence can lead to volatility so no new longs should be made positional unless signs of REVERSAL is seen so plan your trades accordingly.
Trump’s crypto picks struggle: Saylor sees $200T market cap Bitcoin has fallen below the 78.6% retracement of Sunday’s surge and is now less than 2K above the level it was at when Trump tweeted about a strategic reserve including Bitcoin and a few altcoins.
Some of the smaller cryptocurrencies mentioned by Trump—Cardano, Solana, and Ripple—are holding up slightly better but have also dropped.
Strategy Executive Chairman Michael Saylor, whose company holds nearly 500,000 BTC, strongly endorsed Trump’s proposed strategic crypto reserve in a CNBC interview. Saylor also predicted Bitcoin’s market cap could reach $20 trillion and eventually $200 trillion, projecting a price of $13 million per BTC by 2045. In a bullish scenario, he sees Bitcoin hitting $49 million, while a bearish case could still put it at $3 million.
NBIS: Revised Chart, Tracking the Next SupportAs outlined in my previous chart, NBIS tested both S-1 ($38.87) and S-2 ($34.01) before ultimately breaking through. Now trading at $28.80, I’ve plotted a new S3 at $24.41, which looks entirely achievable if selling pressure continues.
So far, there’s no clear sign of a reversal, and momentum remains to the downside. The key question now is whether buyers step in at S-3 or if the stock continues searching for lower support.
Watching closely—stay tuned for further updates.