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GBPCHF Amid BOE Interest Rate DecisionGBPCHF Amid BOE Interest Rate Decision GBPCHF is about to complete a large harmonic pattern on the 4-hour time frame. The chances are that GBPCHF can begin a bearish correction from a strong zone that it couldn't manage to break in the past. The price can move down again near 1.1250 and 1.1200. Today, we also have the BOE interest rate decision, and the market is expecting the BOE to cut rates by 25 basis points from 5% to 4.75%. This may create a small sell-off for GBPCHF. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
5
XAU! 11/7! retest 2680 area to get liquidityXAU / USD trend forecast November 7, 2024! SCALPING Gold prices (XAU/USD) decline for the second straight session on Thursday, weighed down by a stronger US Dollar following former President Donald Trump's election win. The precious metal faces selling pressure as safe-haven demand wanes, with market optimism rising on the back of “Trump trades.” With the presidential outcome now clear, the markets are less concerned about a contested result, contributing to the bearish sentiment around gold. Gold prices mostly sideways before the FOMC meeting tonight: 2650 - 2670 /// BUY XAU : zone 2661-2658 scalping SL: 2655 TP: 40 - 80 - 150 pips (2673) Safe and profitable trading
OANDA:XAUUSDLong
by Moon-ForexAcademy
6
COPY—Since 8/22/24–“BITCOIN MEASUREMENT HIGHLIGHTS!” ($79k)A correction is near! View my red circle and the pattern—$79k but can be sooner! Today is 11/6/24 4:08 Pm pacific time and you have been warned since 11/5/24. This only applies to short term investors. Since Bitcoin has reached an all-time high (ATH), it currently lacks a clear price structure or established resistance levels, making it harder to predict. Right now, it’s going through phases of “contraction” – periods of small, limited price movement. These contractions can be deceptive, often set up to lure in retail investors by creating the illusion of stability or a predictable trend. Once enough investors are drawn in, a larger move (either up or down) may follow, catching those investors off guard. Bitcoin is approaching a potential contraction bleed; while the exact timing is uncertain, the DARK POOL signals are showing clear signs. “Bitcoin operates on a halving cycle, a pattern where the reward for mining new blocks is cut in half roughly every four years. This halving reduces the rate at which new Bitcoin is introduced, making it scarcer over time. Historically, each halving has triggered significant price increases within the following months, as reduced supply meets steady or rising demand.” Right now, Bitcoin seems to be following this pattern again. Many expect that as we approach the next halving, we could see increased price activity as scarcity rises. However, while the pattern has held in the past, it’s important to remember that markets can be unpredictable.” Contraction Debugger— A contraction debugger helps spot patterns in market behavior that indicate periods of “quiet” or lower activity. It’s useful for getting a sense of potential changes in momentum without revealing too much about what those changes might mean. By tracking these quieter periods, the tool provides insights into times when the market may be preparing for its next phase. My contraction direction points upward Keep revisiting this idea for the latest updates, as I’m unable to send automatic email alerts to followers.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
17
TrueFi: Mapping A 200-300% Bullish WaveThis is a pair that we continue to revisit because the market is always fluctuating between bearish and bullish. Each time there is a bullish wave, we invariably see a correction afterward. After every correction we see a new bullish wave. 👉 TrueFi (TRUBTC) is now preparing for a new bullish jump. We can see a lower low recently, just to break a very strong long-term support and the action moving back above this support level immediately, so a stop-loss hunt event. It is also easy to see the strong correction between mid-June and November 3rd. TRUBTC is now turning bullish. 👉 The last jump produced ~260% growth. For this one, we have a range between 200% to 300% easy, can be more. Additional details on the chart. Namaste.
Long
by AlanSantana
2
XAUUSD - Scalping ! SET UP GOLD PRICE: SELL GOLD zone: $2668 - $2670 SL $2673 TP1: $2665 TP2: $2662 TP3: $2658 Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. The US Federal Reserve’s policy decision on Thursday is in focus, with markets widely anticipating a 25 basis point rate cut, which could support gold by lowering the opportunity cost of holding non-yielding assets. According to the CME FedWatch Tool, there is a 98.1% chance of this quarter-point cut in November. Personal comments : Trendline + DOW , Gold price recovered briefly - for the upcoming decline to 2606
OANDA:XAUUSDShort
by Vincent-KAK
2
GOLD 4H CHART ROUTE MAP UPDATEHey Everyone, A volatile day in the markets today from the US election and once again we were able to use our levels to navigate the markets even on a volatile day like this. We did not chase momentum but instead we stuck with our plans to buy dips from our weighted levels for a 30 to 40 clean catch from 2700 level. We are now seeing a further breakdown into the retracement range. EMA5 is lagging due to market momentum. However, although we are seeing price in the retracement range and ema5 lagging behind we will need to see ema5 lock below 2672 to open the swing range. Failure to cross and lock below 2672 will see price push up to test the Goldturns above. We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up. We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends. BULLISH TARGET 2754 EMA5 CROSS AND LOCK ABOVE 2754 WILL OPEN THE FOLLOWING BULLISH TARGET 2784 BEARISH TARGETS 2724 - DONE EMA5 CROSS AND LOCK BELOW 2724 WILL OPEN THE FOLLOWING BEARISH TARGET 2696 - DONE EMA5 CROSS AND LOCK BELOW 2696 WILL OPEN THE RETRACEMENT RANGE 2672 - DONE EMA5 CROSS AND LOCK BELOW 2672 WILL OPEN THE SWING RANGE RANGE SWING RANGE 2640 - 2611 As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it! Mr Gold GoldViewFX
OANDA:XAUUSD
by Goldviewfx
23
Bitcoin (BTC): New ATH, Possible Liquidation of $14B Longs !!!Bitcoin has formed a new ATH, which is as of now $76,450. As price expands and we are trying to maintain this bullish momentum, we are already seeing some signs of weakness (every bullish candle gets suppressed by sellers). Our gameplan has not changed, which means that we are looking for our trend to be touched again (which would reset the markets totally, which is again good for further bullish movement). We are one step away from the actual start of the bull market, so keep your leverage small and stoploss tight. Stay safe!! Swallow Team
Short
by SwallowPremium
3
#MANTA/USDT Trade Setup, 600% Spot Long potential!Manta Breakout Alert! Manta is trading at a long-term resistance of $0.72, and I’m anticipating a breakout. While there’s a slim chance of a retest around $0.60 in the coming days, once we see a confirmed breakout and a successful retest, the potential upside could take us to $4. Trade Setup: • Entry Range: $0.576 - $0.725 • Targets: $1.04, $1.518, $2.267, and $4.05 • Stop Loss: $0.48 • Risk-Reward Ratio: A highly attractive 1:36 I plan to make $100k with a margin of $10k at 5x leverage on this trade! I am already positioned and will keep you updated on this. Let me know your thoughts in the comments! If you find this analysis valuable, hit that like button. For more setups like this, follow me and share this setup with your friends. Thank you, and peace!
Long
by Cryptorphic
1
Sound Hound Ai is about to turn the volume up! 98% Move InboundNASDAQ:SOUN 🔊 NASDAQ:SOUN Update 🔊 We are 6/6 on earnings plays, and now we’ve got the #HIGHFIVESETUP on Sound Hound Ai! 🧠 Called this out a week or two ago, and if you stayed patient and ignored the noise, you had the chance to build your position during the retest of the symmetrical triangle breakout. Now, we’re geared up for a higher move heading into earnings next week. Here’s what’s happening: Pullback to the volume shelf and 9/21 EMA: We’re bouncing off, maintaining a higher low from the breakout point—bullish channel intact! 📈 HAMMER candle forming: This reversal candlestick signals a big move higher is on the horizon. 🔨💥 The jacuzzi is reaching that perfect temperature—are you hopping in or missing out? 🚀🌊 Check out the full video and original @TradingView editors' pick linked to this post. LIKE IT! ♥️ SHARE IT! 🔁 BOOKMARK IT! 📘 NFA
NASDAQ:SOUNLong
by RonnieV29
6
Tesla - New All Time Highs With Trump!Tesla ( NASDAQ:TSLA ) just broke above the last resistance level: Click chart above to see the detailed analysis👆🏻 With Trump winning the election and Elon Musk being a supporter of Trump, Tesla is rallying significantly. But looking at market structure, this rally was also expected, considering that Tesla just broke out of a triangle pattern. Now Tesla will soon create new all time highs. Levels to watch: $275, $410 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
9
NZD/USD Bearish Reversal from Order BlockAnalysis Summary Order Block Resistance: The price has reached an order block in the zone between 0.6016 and 0.6032. This area is likely to act as a strong resistance, where sellers might step in, potentially initiating a bearish reversal. Break of Structure (BOS) and Lower Low (LL): The recent BOS and LL formations reinforce a bearish structure, suggesting a continuation of downward momentum if the price fails to break above the order block. Support Levels: Key support levels are noted at 0.5959 and 0.5934. These areas are potential targets if the price reverses from the order block. They may attract buying interest but could also act as intermediate stops for a bearish move. Weak Low: The weak low around 0.5911 could serve as an ultimate target for the bearish move. If this level is reached and broken, it would confirm further downside potential and a continuation of the bearish trend. Potential Scenarios: Bearish Reversal from Order Block: If the price is rejected within the 0.6016–0.6032 order block, a bearish move could unfold, targeting the support levels at 0.5959, 0.5934, and eventually the weak low at 0.5911. Breakout Scenario: Should the price break above the order block and sustain itself, it would invalidate the bearish setup and could signal a potential bullish continuation. Conclusion NZD/USD is approaching significant resistance within the order block zone at 0.6016–0.6032, where a bearish reversal could initiate a move toward 0.5959, 0.5934, and possibly the weak low at 0.5911. Traders should monitor the reaction within the order block for potential short entries, keeping an eye on support levels for downside targets.
Short
by SwiftSignalFX
2
SMCI is -85% a buy opportunity while accounting issues continue?Super Micro Computer Inc (SMCI) still haven't found a new Auditing Firm, after it was announced last week that Ernst & Young left them raising governance and management communication issues. Yesterday's Low represents almost a -85% drop from the March $122.50 All Time High (ATH). So is this level a bargain and a buy opportunity for long-term investors? Well while the company hasn't filed the necessary paperwork to meet the regulatory requirements to remain listed on the stock market and no auditor is hired to confirm and signs their reports, investor confidence will remain low (to say the least). It appears that SMCI has turned into the new short favorite for Hedge Funds and that's never ideal. Technically though, the stock hit yesterday its 1W MA200 (orange trend-line) for the first time in 4 years (since October 26 2020)! With that contact, the price initiated a strong multi-week rally that made a new High. This is a textbook buy for long-term investors. Of course it is all about risk and money management and since regulatory risks remain, the capital invested best to be less than usual. Another technical factor supporting a buy on these levels is the 1W RSI, which got oversold (<30.00) for the first time since the weeks of March 16 2020 (almost 31.50) and October 01 2018 (U.S. - China trade wars). Both these times, SMCI kick-started enormous rallies. The October 01 2018 bottom in particular is the starting date of the Fibonacci Channel Up on this chart, which encompasses SMCI's logarithmic growth these past years. As a result the company has only experienced 3 major long-term buy opportunities with the most recent 4 years ago. At the same time, yesterday's Low didn't only make contact with Fibonacci 1.0 of the Channel Up (i.e. the initial top until the price turned parabolic and broke-out) but also almost touched the 0.382 horizontal Fib level, starting all the way from October 2018. It is obvious that purely from a technical perspective such levels are as good as a buy can get. Proper risk management and an exit strategy are needed (in case of delisting) and long-term investors can be patient and take their time to target the $122.50 High again for enormous gains (could take even 1 year). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:SMCILong
by TradingShot
2
NAS100-Trump Rally Boosts Futures, All Eyes on Fed Rate DecisionMarket Holds Steady: Trump Rally Boosts Futures, All Eyes on Fed Rate Decision 1. Technically: The price has broken the previous ATH and is attempting to record new highs. Today, the market is expected to be volatile due to a 25 bps interest rate cut, which will impact market movement. As long as the price trades above 20790, the bullish trend is likely to continue toward 20960 and 21070. Alternatively, if the price closes a 1-hour candle below 20785, it may drop to 20710. A 4-hour candle close below 20710 would confirm a bearish trend, with a potential target of 20550. Key Levels: Pivot Point: 20790 Resistance Levels: 20960, 21070, 21150 Support Levels: 20710, 20550, 20420 Trend: - Bullish above 20840 and 20790 - Bearish Below 20780 and 20710 2. Futures Steady After Trump-Fueled Rally, Ahead of Fed Rate Decision Traders have largely priced in a 25-basis point rate cut, though they will closely monitor the central bank’s policy statement for signals on the future path of monetary easing. “Investors may be pausing to assess recent events and await the Fed’s scale of rate cuts,” one analyst noted. Investor expectations that Trump would lower corporate taxes and loosen regulations had in the previous session lifted all three major indexes to a record high. previous idea:
OANDA:NAS100USD
by SroshMayi
1
Ethereum Classic Moving Above $450 Means 2000%+ Growth PotentialGood morning ladies and gentlemen, are we there yet? This is truly the longest accumulation phase ever for Ethereum Classic, the current price at which it trades happens to be within a range that has been active since January 2022, almost three years. The longer the accumulation phase, the stronger the bullish cycle that follows. Back in 2018 and leading to the 2021 bull-market, the accumulation (consolidation) phase lasted 805 days. The bottom was hit March 2020 and please keep in mind that the bottom doesn't have to hit at the end of the accumulation phase. Present day the accumulation phase has been ongoing for 1,022 days but the bottom hit in June 2022. Anyway, the 805 days of consolidation produced a bull-market in 2021 with total growth, from bottom to top, of some 5,700%. This time around the consolidation phase has been ongoing for much longer. On the chart, growth potential shows 1,300% and 2,150%. But if we were to calculate these same targets coming out of the June 2022 bottom, total growth would be around 3,500%. This is huge for a project like Ethereum Classic which is not small. The small projects can grow even more. This same project can also surprise and do better than anything we expect because we are going to have a friendly market and friendly regulations for Cryptocurrency and this has never happened before. How it will all truly develop, we don't know, but we know it is going to be big, it is going to be beautiful and the market will continue to grow and evolve. We use adversity to learn and improve in everything that we do. From our mistakes we learn. Thanks a lot for your continued support. Are you ready? 2025 is getting closer, we are already in the accumulation phase. Buy and hold. Thank you for reading. Namaste.
Long
by AlanSantana
$SPY up to $614 as final blow off top move?I initially thought we'd see a move down of 5%-10% pre election. I played the move through AMEX:UVXY calls. We didn't end up seeing the full move play out that I had expected, but was able to capitalize on the move down yesterday when AMEX:UVXY was above $30. I sold all my calls yesterday as I expected downside to only be possible prior to Nov 1. So far, it's looking like that was a good call as we're starting to see a bounce today. Now that we've in November, I expect a bullish move to play out through the election and after for a final blow off top. I think it's likely that we see a move to $614 over the next two weeks. I'll be buying $600C today for 11/15 to try to capitalize on this move higher. Let's see if it plays out.
AMEX:SPYLong
by benjihyam
9
Indices Surge Following Trump's VictoryIndices Surge Following Trump's Victory Today the US100 rose by almost +1.80% from 20230 to 20600. This upward movement started by Trump's victory. Donald Trump was elected president, marking a remarkable comeback four years after being voted into the White House and bringing to the fore a new American leadership that is likely to test democratic institutions at home and relations abroad - as reported by Reuters Investors are betting that a Trump presidency could bring tax cuts. Indices rose to their highest levels and the US100 could do the same soon. If the price manages to rise above it's higher price level near 20759 then US100 should rise further as shown on the chart. Targets: 🎯 20875 🎯 21215 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
CAPITALCOM:US100Long
by KlejdiCuni
4