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"S&P Inverted Head and Shoulders: Targeting 4500 📈🚀Traders, fasten your seatbelts! I've identified a compelling setup on the 30-minute timeframe for the S&P that's too good to miss: 📌 Technical Analysis Highlights 📌 🧠 Inverted Head and Shoulders: The price action has gracefully formed an inverted head and shoulders pattern, a classic reversal formation. This suggests a strong likelihood of an upward retracement as this pattern is highly reliable. 🚀 Upside Potential: The presence of this pattern indicates the high potential for a bullish move. As we dive into this trade, my initial take profit target is set at 4480, with an ultimate goal of reaching 4500. 📈 Trade Strategy 📈 With these compelling technical signals, the strategy is clear: seize this buying opportunity on the S&P. 🎯 Take Profit Targets 🎯 1️⃣ First Target: 4480 2️⃣ Ultimate Target: 4500 Remember, trading carries inherent risks, and it's essential to perform your own due diligence and employ risk management techniques. Best of luck with your trades, and may they bring you substantial profits! 💰📈🚀 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful 🌊🚀
OANDA:SPX500USDLong
by Thomas_Zito
2
🚀💲Unlocking Profit: USD/JPY 1H Setup with Bullish GartleyTraders, here's a golden opportunity you won't want to miss on the USD/JPY currency pair, with a focus on the 1-hour timeframe. 📊💰 📌 Technical Analysis Highlights 📌 🔷 Bullish Gartley Pattern: The price action has beautifully formed a bullish Gartley pattern, suggesting a potential uptrend reversal. 🔷 Double Bottom Formation: Point D (the reversal point) has already been established, with a bounce from a key support level and a clear double bottom formation - a strong signal for potential bullish momentum. 🔷 RSI Indicator Confirmation: Adding more weight to this setup, the RSI indicator has confirmed this scenario with a massive bullish divergence, signaling a potential upward price movement. 📈 Trade Strategy 📈 Considering these strong technical signals, the optimal trading strategy would be to go long (buy) from the current levels. Place your stop loss just below the key support level to manage risk effectively. 🎯 Take Profit Zones 🎯 1️⃣ First Target: 146.000 2️⃣ Second Target: 146.500 3️⃣ Ultimate Target: 147.200 Remember, trading involves risk, and it's essential to perform your own due diligence and risk management before entering any trade. Good luck, and may your trades be profitable! 🌟📈💵 Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if you think this insight was helpful 🌊🚀
Long
by Thomas_Zito
5
NASDAQ/QQQ Took Support at Predicted Support AreaNASDAQ 100 ( CME_MINI:NQ1! ) took Support at the area suggested in my previous Idea Post (see attached). For further confirmation we will wait to see if it holds above the 50 day EMA on Daily Time Frame. It is currently above the 50 day EMA in the Pre-market session on Tuesday. If the Confirmation is achieved today, then we will look for another rally up to the Resistance Area from where the pullback started. Possible catalyst for this rally could be NASDAQ:NVDA 's earning Tomorrow AH, or J. Powell's speech at the Jackson Hole Conference on the 25th. It is important to note that the market is still top heavy and favorable Macro environment is necessary for an uptrend.
CME_MINI:NQ1!Long
by Trading-Economist
1
Bitcoin Potential Bounce at 27400 then falling to 20-22KMy previous posts were showing the scenarios of a fall to 29500 then 28500 then 25000. So we are on the 25K side, and I told we will need a further analysis to know what to expect. so here is a speculative first one: From my humble perspective, I'd say bears took the command since last week, I can see that from my weekly chart finally. So I doubt we will see price reaching or ranging around 30K yet. Much like a diver who propels skyward before their exhilarating plunge, Bitcoin's trajectory seems to echo this pattern. Anticipate an upward bounce toward the resistance level of 27,400, akin to the diver's swift climb. After reaching 27,400, we may see a fall to a range of 20,000 to 22,000. Time will tell. Don't take my work for granted, do your own analysis, analyze again then take your own decision to trade or not. PS: I've been deceived by the way bears refrained the price to climb above 32K, since in my early post a scenario to climb to 49K was possible, but the charts is saying something different now. So the overall sentiment is more and more BEARISH for me.
Short
by TradeWithAtemak
2
📈🐂 EURUSD Technical Analysis: Bouncing on Demand Zone! 🚀🐂Hey traders! 🐂📈 Exciting times ahead as we've got a bullish setup on the EURUSD forex pair in the 1-hour timeframe. Let's dive into this opportunity! 📈🐂 💹 Demand Zone Bounce: The price action bounced strongly on the demand zone, indicating an area where institutions have placed their orders and are likely to defend this level. 📈 Descending Channel Breakout: Adding to the bullish momentum, the price broke out of a descending channel and retested it successfully, signaling the start of a highly potential bullish impulse. 💡 Take Profit Zones: As we ride this uptrend, my take profit zones are strategically placed at 1.11300, 1.12000, and finally, my target at 1.12600. Keeping an eye on these key levels is essential for managing the trade effectively. 🧐 Remember, trading requires careful analysis and risk management. Let's keep a close eye on this setup and make the most of potential trading opportunities. Wishing you success in your trading journey! Feel free to share your toughts in the comments section, follow me for updates and don't forget to press the like button if this insight was helpful🚀
by Thomas_Zito
18
| BTCUSD | BULLISH INDICATORS IN THE SHORT AND LONGER TERM!!Good day all. BTC is currently showing many bullish signals along side the BTC spot ETF news, which is currently in regulatory review but has more or less been approved by the SEC. This news alone is revolutionary for the market, however, we have not seen close to the gains one would expect out of this news. some would say it is due to the the XRP win over the SEC which has taken all the hype from this statement, however, I do believe this is accurate to an extent, but there are other forces at play here. I do feel the asset class is being suppressed for accumulative purposes, which in turn will eventually result in a spring effect which can result in the prices reaching highs of 50k plus in the weeks to come. I would like to jump into some technical to add extra confluence to the topic at hand. The 30k level has shown to be a strong point of resistance of of late, however, this level is primed for a breakout to the bulls as we have found a clear formation of a cup and handle. Cup and handle: The pattern is currently primed for a breakout as we have found a lower time frame flag formation (bullish) at the tail end of the handle which generally is a great sign for a potential breakout. if this prediction comes to light we should see a generous move to the upside aided by the additional news as of late which strengthens the case. short term levels can find itself retesting or even breaking the 35k mark in the days that follow the breakout. Longer term predictions can result in the 45k level of resistance being tested before a major retracement is found. EMAs: I am using the 18 and 100 EMA indicators for my analysis. As you can see the 18 has just crossed over which is a great signs for the bulls as it signals a trend reversal from consolidations into an uptrend which also falls in line with the cup and handle as well as the ETF news. There is growing suspicion in the market at the market regarding the consolidation of price during such a pivotal time the Crypto history, however, one can only speculate the reason. All i can see from my opinion is the market is properly primed and ready for a break as the narrative has shifted so suddenly. Thank you for your time here today, please feel free to like and comment if you found this article helpful to add extra confluence to your existing analysis. be safe and enjoy the bull market while it lasts.
COINBASE:BTCUSDLong
by Crisp_Flow
Nasdaq: Bullish Butterfly Pattern Points to Potential Rally! 📈✨In the 4-hour timeframe, Nasdaq has formed a bullish butterfly pattern, signaling a strong buying opportunity. The price action also reveals a double bottom pattern, adding further confirmation to this bullish setup. Additionally, the RSI indicator indicates oversold conditions, suggesting an impending upward move. Traders can take advantage of this setup with multiple take profit levels in mind. Keep an eye on targets at 14850, 14950, and 15050, as these levels could serve as significant resistance. Get ready to ride the potential rally! 🚀💰 Don't forget to press the like button if you think this insight was helpful🚀
OANDA:NAS100USD
by Thomas_Zito
4
03/07/23 Weekly outlookLast weeks high: $31291.8 Last weeks low: $29420.6 Midpoint: $30356.2 The week starting on Monday 19th of June was the latest rally for bitcoin, a strong move up leaving some large FVG inefficiencies left behind that price will look to fill in the future. The upside capped off at just under 31.5k, a high that the bulls couldn't top last week while chopping sideways in a much tighter range than previous, and consolidating under the all important 32-32.5k region where a lot of traders will look to do business. This week for me will go one of two ways in my opinion: A slow and steady drop from current price down into those FVG areas, the main one being 27.2-27.75k. OR We wick up above recent highs, tag liquidity in the supply zone around 32.5k before a sharp sell off back into those FVG zones before anymore progress can be made above this range. FOMC minutes event on Wednesday may provide the volatility required for this liquidity grabbing wick.
by ProR35
🚀💥 Unleash Profits NASDAQ Buy Signal! Don't Miss Out! 💰💥 Get ready to ride the wave of potential profits as NASDAQ presents a compelling cup and handle pattern—a highly reliable setup that often leads to significant price gains. What makes this setup even more enticing is the neckline, which is positioned at the critical level of 15,000. Breaking above this level signals a significant shift in market sentiment, as it now acts as a solid support, attracting eager buyers looking for opportunities to join the uptrend. With the breakout now confirmed, it's the perfect entry point to jump on board this bullish rally. Keep your sights set on profit targets, starting with 15,150, followed by 15,300, and ultimately aiming for 15,450. Remember to monitor the market closely and adapt your strategy as necessary. Keep an eye on key technical indicators and price action to validate the bullish momentum. And of course, always stick to your risk management plan to ensure a successful trade. Don't miss out on this exciting opportunity to ride the NASDAQ to new heights! Buckle up, stay focused, and let's navigate the markets together. 🚀📈💪 Don't forget to press the like button if you think this insight was helpful🚀
OANDA:NAS100USD
by Thomas_Zito
2
Bank of Baroda Breaks Out of Triangle Pattern: Bullish Momentum Bank of Baroda(stock symbol: BANKBARODA) has been trading within a triangle pattern since December 2022, but it has recently broken out of this pattern. During the triangle formation, the stock tested the lower trendline six times, and each time it tested, a substantial rally followed. On June 19, 2023, the stock broke above the upper trendline with decent volume, indicating a potential bullish move. Currently, the stock is retracing and retesting the upper trendline to validate the strength of the buyers. Traders looking for an entry point may consider observing candlestick patterns such as a hammer or engulfing candle that could serve as potential entry triggers. Setting a stop loss below the identified candle pattern can help manage risk. The initial target for Bank of Baroda is set at 201.60. If the stock continues to show strength, the second target is at 206.65, and the final target is at 215.85. It is important to note that Bank of Baroda can be traded in the equity or futures and options (FnO) segment. Please remember that trading involves risks, and it's always advisable to conduct thorough analysis and consult with a financial advisor before making any investment decisions.
NSE:BANKBARODALong
by JigarHathiyani
BTCUSD up 31.2K then downIn this analysis, I've identified a significant moving average (MA) crossover, indicated by the red and blue lines crossing. Historically, such crossovers often lead to price increases. Additionally, I've included a violet line which I believe acts as a catalyst for a downward movement. Once the violet line touches a candle, I anticipate the end of the upward move and the beginning of a substantial price decline. I hadn't previously considered this scenario as I was focused on other indicators and patterns. Based on my analysis, I foresee the following scenario over the comind days: Initially, the price will rise following the crossover of the red and blue lines. The price will continue to climb until the violet line interacts with a candle. Subsequently, a significant price drop is expected, targeting approximately 29500 initially, followed by around 28500. After reaching around 28K, there will be some uncertainty, necessitating a new analysis as the price may potentially drop back to 25K. Although I maintain a bullish stance, I believe a correction is imminent, as mentioned in my previous post. Currently, there appears to be a buying opportunity until the take profit (TP) level of 31200. it's not finished yet for the bulls on a high perspective. I don't think we will see an enormous price drop (below 25K), since we are still in a bullish phase anyway, which needs a correction. Remember, trading can be challenging, so conduct your own analysis and do not solely rely on my words. Stay cautious and take care. Atémak
Long
by TradeWithAtemak
1
26/06/23 Weekly outlookLast weeks high: $31443.0 Last weeks low: $28847.4 Midpoint: $26251.8 BTC experienced a massive week of price action last week with nearly non stop climbing up to a high of nearly 31.5K. The all important 32K is still yet to be tagged this year however we have made new yearly highs with acceptance above 30K The news of a Bitcoin ETF cancelled out the SEC & Binance news, this week is very important for the crypto market in general. With consolidation under the local high it's gearing up for a push above to take out that liquidity above 32K. After that we have a large FVG near the 0.25 (27.5k) area that could require a revisit before continuing this bullish trend. There is a bullish orderblock at last weeks midpoint and that would be a healthy correction after a large rally. from there we can plan for what happens next.
by ProR35
📈 Explosive Setup on Nasdaq: Prepare for Skyrocketing Gains🐂🚀Exciting news for stock market enthusiasts! A compelling bullish setup has emerged on Nasdaq's chart, signaling a potential trend continuation. The price action has formed a robust support zone around the 14800 area, with multiple bounces indicating a significant accumulation of bullish orders. It's clear that the bulls are standing strong, ready to defend this critical level. Adding to the positive outlook, the RSI has crossed above 50, accompanied by its moving average, serving as a powerful confirmation of the upward momentum. Furthermore, the 89 EMA has proven to be a reliable dynamic support, further bolstering the bullish sentiment. With this confluence of support levels, we have an exciting opportunity on our hands to follow the trend. Buckle up as we target multiple take profits along the way: 15090, 15245, and a grand finale at 15500. Don't forget to press the like button if you think this insight was helpful 🚀💪
OANDA:NAS100USD
by Thomas_Zito
3
Bitcoin's Psychological 30K: Uncertainty and PotentialBitcoin has reached the psychological barrier of 30K, likely triggering a temporary pullback to around 28K. At 28K, uncertainty arises: a strong climb to 32K is expected if bullish momentum persists, while falling below 28K could test the 25,800 support level. On the Weekly, the scenario is still bullish though, but starts to weak a bit. PS: I'm happy to see that the price didn't fall under the 25K support, and climbed as stated in my previous posts. But for now, I would say there is a little slowdown in the bull movement. I hope it is just local and temporary. We need extra candles to be more sure of the bullish strength, if it will last or not (even if there was the sudden surge which reached 30K). My bullish goal is 49K, but it's really far from now.
Short
by TradeWithAtemak
3
Meta -> Rally Not Over YetHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly. You can also see that the recovery started in October of 2022 and from there Meta created a rally of 200% towards the upside and is now approaching resistance at the $300 level from which I do expect a short term rejection away towards the downside. On the daily timeframe you can see that Meta stock is still massively bullish, creating new highs every single day so I am now just waiting for a retest of the previous resistance at the $275 level and then I do expect a final blow-off to retest the $300 resistance zone. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:METALong
by basictradingtv
30
🚀📈 NASDAQ: Bulls Taking Charge! Get Ready for a Rocket Ride!The bullish setup on NASDAQ in the 1-hour timeframe is generating excitement among traders.After successfully riding the previous bullish wave from 14250 to 14650, the market is now presenting a highly compelling opportunity to add to long positions to enjoy the rally. Here's why: Price has convincingly broken through a key resistance level that had been fiercely contested in recent days. This level, which had previously acted as a formidable resistance, has now transformed into a strong support zone. This shift signifies a clear victory for the buyers, indicating their growing dominance and the waning strength of the sellers. As a result, we are witnessing the emergence of a powerful short squeeze, where sellers rush to cover their short positions, propelling the market higher. But the bullish case is not just limited to technical factors. On the fundamental front, recent news of a successful debt ceiling agreement has injected fresh optimism into the market. This positive development has rekindled enthusiasm among investors, encouraging them to allocate capital back into equities. With renewed capital inflows expected, the stage is set for further upward momentum in NASDAQ. As for potential profit targets, it is essential to approach the trade with a prudent strategy. The first take profit level can be set at 14800, as it aligns with a significant resistance area that may prompt some profit-taking by short-term traders. The second take profit level can be positioned at 14950, aiming for a continuation of the upward momentum. However, it is crucial to monitor price action and adapt your strategy as the market evolves. So, fasten your seatbelts and get ready for an exhilarating ride as the bulls take charge on NASDAQ! Don't forget to press the like button if you think this insight was helpful 🐂🚀💰
OANDA:NAS100USDLong
by Thomas_Zito
2
🐂📈EURUSD Breaks Key level, Bulls Take Charge for a rally!The key level of 1.07900 has been decisively broken, and now, we are witnessing a retest of this level. This retracement provides an ideal entry point for traders looking to join the ongoing rally. Market participants who missed out on the initial breakout are likely to seize this opportunity, resulting in increased buying pressure and fueling the continuation of the upward move. What makes this setup even more compelling is the potential for a short squeeze. As the price surpasses the previous resistance level, sellers who had shorted EURUSD will be compelled to close their positions to limit their losses. This rush to cover shorts can amplify the upward momentum, creating a favorable environment for further price appreciation. Furthermore, the recent price action has exhibited a notable contraction between 1.07900 and 1.07300, indicating a period of consolidation before the breakout. With the resistance now flipped to support, we can set our sights on a target of 1.08500, capitalizing on the bullish momentum. Taking partial profits around 1.08250 allows for prudent risk management and ensures we secure some gains along the way. To bolster the bullish case, the moving averages are providing solid support, reinforcing the positive outlook. Placing a tight stop loss just below these moving averages allows for effective risk management while maximizing the risk-to-reward ratio. Join the bullish charge on EURUSD as the market presents an enticing opportunity for potential gains. Remember to stay disciplined, adapt to changing market conditions, and enjoy the journey towards trading success! Don't forget to press the like button if you think this insight was helpful🚀📈💰
Long
by Thomas_Zito
4
BTCUSDT: Bullish Reversal Signal in progressJust a few moments ago, the price of BTCUSDT exhibited an fast movement down within the 25000-25800 zone, setting the stage for a compelling BUY opportunity (As I said in my previous idea) What caught my attention is the chart's depiction of a significant shift in price momentum. Take a look at the bottom purple-colored moving average (MA) line—it hits the last candle. This alignment hints at an imminent reversal in the ongoing downtrend, signaling a potentially powerful bullish surge. However, the real fireworks will commence when the purple line will cross the blue one. This event will serve as the catalyst for a definitive shift in the market sentiment, further solidifying our bullish stance. before that, the price will range near the 25000-25800 zone. With all these factors falling into place, we have a good scenario to enter a truly bullish period. And in my humble opinion I don't think the price will descend below the 25K mark, as mentioned in my previous idea post. Brace yourselves for the Bulls to seize control and propel us towards the exciting 40K+ territory. Remember, trading always carries some level of risk, so ensure you implement proper risk management strategies. Disclaimer: This analysis is solely based on my personal observations and should not be considered as financial advice. Always conduct your thorough analysis and consult with a professional financial advisor before making any investment decisions.
by TradeWithAtemak
Rising from the Ashes: GALA V2 Ignites a Spectacular GALA Run GALA V2: Igniting a Thrilling Bull Market Breakout, Surging GALA, the blockchain and gaming juggernaut, defies expectations with an explosive breakout synced with the highly anticipated bull market. The migration to GALA V2 and a jaw-dropping burn of 21 billion shares set the stage for an electrifying ascent. Within an ascending parallel channel, GALA captures the attention of investors with an unwavering climb. Riding the bullish wave, GALA holds its position, delivering mind-boggling returns exceeding 5 times the initial investment. This breakout, perfectly aligned with the bull market, shakes the cryptocurrency world. GALA emerges as an unrivaled force, reshaping success in blockchain and gaming. Partnerships flourish, users multiply, and investors rush to join this meteoric rise. Hold on tight as GALA skyrockets, defying expectations and setting new benchmarks. The fusion of GALA's breakout and the bull market is an adrenaline-fueled spectacle, where dreams turn to reality and investors witness unprecedented returns. Get ready to be part of this thrilling journey!
Long
by MarkBTV
Nasdaq -> Massively Bullish RallyHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that nas100 is actually approaching a quite obvious previous weekly structure area which is now acting as resistance at the $15.000 level. You can also see that over the past couple of weeks, nas100 had a massively bullish rally and we are now a little bit overextended towards the upside, so I am now just waiting for a deeper push into the zone and then I do expect a short term rejection towards the downside. On the daily timeframe you can also see that we are just rallying towards the upside without any correction, so I am now just waiting for some bearish rejection before I then do expect a short term drop also on the daily timeframe. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
FX:NAS100Short
by basictradingtv
50