Nifty & Bank Nifty Analysis and Trade Plan for 25th OctobeNifty & Bank Nifty Analysis and Trade Plan for 25th Octobe
Pivot Points
WIFUSDT LONGBINANCE:WIFUSDT
The price has broken its resistance level and is forming a pullback. I choose the long position until target 1, if needed, I stay in the long position until target 2.
GOOD LUCK
EURUSD Multi Timeframe Analysis 24.10.202415m Swing Bearish , Internal Bullish
After sweeping daily low, we might see a bullish reaction
Ideally wait for 15m swing to shift bullish, or follow internal bullish order flow
V shape bullish reaction indicates that bullish 15m internal push might continue
Price between 15m demand and supply now. See which will lead
Ride the rune today!Rejection at past range POC but we are currently range bound and above the local POC.
Expecting to break through as RUNEBTC also shows a sign of confluence (simple resistance to support flip)
By toggling the log chart, a basic 5 wave structure is easily seen. Wave 3 is currently impending
Although this could turn into a standard correction, (ABC, etc.) we are still bound to reach the VAH of the past range. IT IS A HARD TAKE PROFIT 1!
It is too good to be true but this asset's wave 1 is a 1000% the possibility is never 0
Hard stop loss will be the low of the local range! (4.4)
Entry: 5.15
SL: 4.4
TP1: 6.7
Important Day for EURUSDThis is the daily chart of EURUSD.
Yesterday, the price dipped below the previous low, leaving a wick.
Upcoming USD news will make today's close critical.
Watch for a possible rebound and potential upward movement in the coming days.
There is no basis for selling at these levels!
EUR/GBP: Awaiting Bullish ConfirmationHello,
OANDA:EURGBP is still moving out of bearish territory. Once it reaches the one-year support level, it should have a smoother path ahead. However, before that, we still need bullish confirmation from the one-month pivot point.
TradeWithTheTrend3344
EURAUD: Key Levels for Long-Term GainsHello,
FX:EURAUD remains positioned for long-term gains. What’s crucial at this moment is a crossover and a lock above the 1M pivot point; once that happens, the upward movement should be smooth. However, if the price drops below the 1W pivot point, we can expect further declines.
TradeWithTheTrend3344
EURCHF: Strong Sell Signal with Support Confirmation NeededHello,
OANDA:EURCHF is currently a strong sell, with early signs suggesting that a support level has been established. Our primary focus now is to see a solid cross and hold above the 1D pivot point for confirmation.
TradeWithTheTrend3344
WTI on the Rise: Approaching 1Y Pivot PointHello,
BLACKBULL:WTI is on an upward trajectory, having established itself above the 1M, 1W, and 1D pivot points as it moves toward the 1Y pivot point. Despite this trend, most market participants are still anticipating further declines, which should become clearer soon!
TradeWithTheTrend3344
BRENT Support: Awaiting Crossover for Upside ConfirmationHello,
BLACKBULL:BRENT has established support in the range of 69.914 to 68.675 and is currently on an upward trajectory. We can expect more upward movement soon, but for now, we need a crossover and a secure position above the 1W PP to confirm additional gains.
TradeWithTheTrend3344
GER30: Peak Reached, Support Retest LikelyHello,
FX:GER30 has reached a peak and is now poised to retest support. While a potential decline toward the 1M pivot point is possible, the likelihood remains low. A bullish continuation is more probable if the 1D support holds firm.
TradeWithTheTrend3344
UK100 Tests Key Support, Bullish Rebound LikelyHello,
CAPITALCOM:UK100 has dropped below the 1M/1W/1D price point, with further declines expected in the near term. This bearish movement could potentially challenge the entire 1M support structure. If the price settles below 8130.8235, we may see additional drops. However, confidence remains strong that it will rebound from the initial 1M support and resume its bullish trend.
TradeWithTheTrend3344
AUS200: Will Support Hold or Decline?Hello,
PEPPERSTONE:AUS200 has established a strong resistance level at 8369.84 and is now testing its support levels. So far, the initial monthly support at 8198.38 has held, but further tests of support are still possible. Key support levels to watch are 8160.90, 8123.42, and 8010.99. For bullish momentum to continue, the monthly support structure must hold; otherwise, further declines may follow.
TradeWithTheTrend3344
FRA40 Eyes Support at 7,395 Before Bullish ReboundHello,
PEPPERSTONE:FRA40 is poised for further declines, approaching strong support at 7,395.95. Following that level, a bullish phase is anticipated to resume.
TradeWithTheTrend3344
US30 Nearing 1M Pivot, Decline ExpectedHello,
BLACKBULL:US30 is approaching the 1M pivot point, making it likely to be tested again soon. Currently, the price is expected to decline to the 1M pivot point and possibly lower.
TradeWithTheTrend3344
VETUSDT Long Setup Setting / Divergence on the ChartBINANCE:VETUSDT
COINBASE:VETUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status🙂
👾Note: The setup is active but expect the uncertain phase as well.
➡️Entry Area:
0.2295-0.2352
⚡️TP:
0.2360
0.2405
0.2440
0.2481
🔴SL:
0.2203
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
XAUUSD: Trend in 15 Min timeframevery important level for GOLD,
Please pay special attention to the colored levels.
>>>>>>>>>>>>>>>>>>> very sensitive <<<<<<<<<<<<<<<<<<<<<<<<
Be careful
BEST
MT
are the bears taking a pause on EUR/USD?my sentiment on EUR/USD is bullish. from the Daily timeframe a fall has been happening, but the indicators give an oversold signal. with numbers indicating the buyers schould start coming in at any point this week. on the daily we entered a nice demand zone, on the 4H timeframe we have a nice demand zone (green bar). and that wil be my entry.
what i am waiting to see now is a nice rejection on the 4Hdemand zone for an entry.
PLTR: An Inflection Point Below the ATH!Daily Chart (Left):
Resistance at $45: The price is near the all-time high level of $45. This is a significant resistance level where the stock may face selling pressure.
Support at $40.36: Immediate support lies at $40.36, which has been tested recently. This level could act as a key support zone if the price pulls back further, but it is also a possible bearish pivot point. If PLTR loses this key point, it could trigger a bearish reversal.
21-day EMA: The price is above the 21-day EMA, reflecting the ongoing bullish trend. The EMA has been acting as dynamic support for the stock during the recent uptrend. In addition to the $40.36 support line, this makes the area around $40 a double support level, reinforcing the importance of this key point.
Weekly Chart (Right):
Hanging Man Formation: The weekly chart shows a potential "hanging man" candlestick pattern near the all-time high, which can sometimes signal a bearish reversal if confirmed by further downside action. This formation suggests caution, as it could indicate that the bulls are losing momentum at these elevated levels. However, more often than not, this pattern acts as bullish continuation, according to Bulkowski's studies.
Trend Strength: The price has been in a strong uptrend, supported by the 21-week EMA. Even though the hanging man pattern raises concerns, the overall trend remains intact unless there’s a significant breakdown below support levels.
Conclusion:
PLTR is near a critical resistance zone of $45, which aligns with its all-time high. The daily chart still shows bullish momentum, but there is a possible pivot point at $40 that could reverse the trend. A successful breakout above $45 could lead to further upside, as the bullish trend continues. For now, we should watch for confirmation of the hanging man pattern, and if it'll lsoe our key support area before considering any bearish positions.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
La Rosa Holding CompanyGood morning traders,
La Rosa company since it's entry into the market has dropped significantly. Seems after several months it will spike and pump for a day followed by another significant drop. It's had several pumps some more significant than the other, but right now it seems its seeking support at .82 & .62. I call this the loading zone (S2). Once this range is reached (if), I expect another temporary pump at least to $2.11 (give or take).
Be VERY cautious, this is a technical analysis and so far pumps are getting smaller. For all we know, this MAY BE the last pump. Great luck with your investments and don't forget to follow for other company predictions.
Happy Trading Everyone!
"$OM Rocketing Higher: Mainnet Launch to Fuel Uptrend, Dominatin$OM/ CRYPTOCAP:BTC chart shows a very strong uptrend heading into #Mainnet Launch.
NASDAQ:OM will trend higher once #BTV dominance cools off a bit.
The big mainnet launch will be key to this imo and uptrend will resume soon.
RWA will be one of the narrative in this bull run and NASDAQ:OM is the key player. I think NASDAQ:OM is very very strong in the RWA space more than LSE:ONDO imo.
Don’t sell your bags cheaply here.
#OMtober #Mainnet #RWA
Nifty & Bank Nifty Analysis and Trade Plan for 24th OctoberNifty & Bank Nifty Analysis and Trade Plan for 24th October
EURUSD Multi Timeframe Analysis 23.10.20241.08111 low got swept as I mentioned on my earlier analysis. Friday's daily candle closure as inside bar has also been played out as expected. But bearish momentum is quite strong. Imo, current Daily Demand zone is the strongest to give price a bullish momentum ( other than any. red flagged fundamentals upcoming days )
15m Swing, Internal Bearish and price is currently in 15m supply. We possibly could get a bearish momentum from here
My expectation is, low to get swept then strong bullish momentum to kick in. But as we trade the facts and not the expectations, I will cautiously follow bearish order flow. At least wait prize to mitigate 4H supply ranges.
For longs, ideal to wait for 4H candle closure above 1.08382
