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BYND is signaling a reversal LONGBYND on the 15 minute chart has been in a VWAP band breakdown finally slowing down with the ranging of the candles transitioning from wide body candles into ones more narrow. Earnings were a very mild beat in the thick of the fall as apparently traders expected more. The zero-lag MACD has crossed lines under a red histogram that flipped green. The dual time frame RS Indicator shows low green TF and higher black TF low in the range but holding over 20-25. Relative to the fall of price this is hidden bullish divergence. My analysis is that this is BYND at the near term bottom awaiting my long reversal trade. I will target 15.4 and 16.3 from the upside VWAP lines. If you are interested in my idea for a call option trade please leave a comment. If you find the idea helpful please leave a like or even a follow.
NASDAQ:BYNDLong
by AwesomeAvani
1
Ethereum -> Last Bounce Before A Strong MoveHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪 If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so everything looks like we are starting the next major bullish crypto cycle. With Ethereum once again retesting the weekly bullish trendline and also forming a continuation symmetrical triangle pattern I am just waiting for a bullish breakout before I then do expect more upside potential. Looking at the daily timeframe you can see that Ethereum is once again retesting support at the $1825 level - I am therefore waiting for another bullish rejection and a break above the daily downtrendline and then also the daily timeframe is ready for a pump. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
BITSTAMP:ETHUSDLong
by basictradingtv
25
TMF ( 3X Treasuries)beatdown completed reversal underway LONGOn the one-hour chart, TMF a triple ETF of long-expiration treasuries has finally completed its downtrend or ten days given more bearish momentum with the federal debt downgrade of creditworthiness as well as the rise of BRICS as a reserve currency. Three indicators show bullish divergence with a MACD cross under the histogram. The 30 minute RS line rising before the 2 hr RS line reacts and importantly a mass index signal rising into the reversal line and then a drop. While none of this is a Holy Grail, I am confident that the bias here is bullish. I will trade long if you are interested in the stop loss and targets let me know. If you would lke my idea of an options setup, let me know as well. If this idea is helpful, please like and subscribe. Trade well !
AMEX:TMFLong
by AwesomeAvani
FILUSDT - Potential Bullish Opportunity! 🚀 FILUSDT - Potential Bullish Opportunity! 🚀 📊 Technical Analysis: - 1-hour chart shows a clear downtrend in FILUSDT. - RSI indicator is displaying a bullish divergence, hinting at a potential reversal. - A bearish falling wedge pattern is forming, signaling a potential trend reversal. 📈 Trade Plan: - Buy Stop Entry (Above Last LH): $4.165 🎯 - Stop Loss (Below Last LL): $4.041 ❌ - Take Profit (1:1): $4.288 🎯 - Projection Range: $4.122 - $4.360 📈 📉 Risk Management: - Risk-Reward Ratio: 1:1 ⚖️ - Only invest what you can afford to lose 💰 - Use appropriate position sizing to manage risk 🔍 📝 Investment Advice: The provided technical analysis suggests a potential bullish opportunity in FILUSDT. However, always exercise caution and perform your own research before making any investment decisions. Remember to set a stop-loss to protect your capital. Disclaimer: This post is for educational and informational purposes only and should not be considered financial advice. Trading involves risks, and past performance is not indicative of future results. Always do your own analysis and seek professional advice if needed. #DYOR #InvestResponsibly Let's stay sharp and take advantage of the market opportunities! Happy trading! 📈🚀 #CryptoCommunity #TradeSmart 📈 #CryptoTrading #TechnicalAnalysis #FILUSDT #BullishDivergence #FallingWedge
Long
by T-Q
XAUUSD | Price Action | New perspective | follow-up detailsThe yellow metal is potentially heading for weekly losses amid a surge in the US dollar's strength. Despite a slight relief on Friday, gold had been grappling with significant losses from the previous session when data revealed that the US economy outperformed expectations in the second quarter. This impressive reading bolstered the dollar and pushed gold over 1% lower, as traders speculated that the robustness of the US economy might prompt the Federal Reserve to continue raising interest rates. The release of this data followed the Federal Reserve's recent interest rate hike, with indications of another potential hike later this year, as inflation remains higher than the central bank's target range. Rising US interest rates are not favorable for gold and other metals, as they increase the opportunity cost of holding non-yielding assets. Consequently, the strong GDP reading caused gold to erase all its gains for the week, with the precious metal now trading approximately 0.8% lower. XAUUSD Technical Analysis: In this recorded video, we embarked on an in-depth analysis of XAUUSD's price action, focusing on intricate patterns of accumulation and distribution. By dissecting past price movements, interpreting market behaviors, and identifying recurring trends, we gained invaluable insights into the motivations and actions of both buyers and sellers. Our attention was drawn to the key level for the second consecutive week at $1,960, which held tremendous importance for the week ahead. It served as a pivotal focal point, and the reactions witnessed within this zone, particularly in light of upcoming high-impact economic events, were indispensable in guiding our precise trading decisions. Let's replicate the triumphs of the previous week and prepare ourselves to seize the opportunities that lay ahead! With these updates and comprehensive analysis, we are equipped with the necessary tools to make well-informed and strategic trading choices throughout the week. The stage was set, the spotlight was on, and the thrilling drama of the gold market awaited your presence. Stay tuned for further updates as we closely monitor the market developments impacting gold's outlook. Remember to exercise caution and consider the implications of economic indicators on your trading decisions. Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
USDJPY Forecast: Insights for the New Week & Follow-Up AnalysisThe BOJ's decision to adopt a more flexible bond yield approach indicates a potential shift away from its ultra-dovish stance. Under this approach, bond yields will be allowed to fluctuate beyond the previous target range. The economic landscape was further impacted by surprising data on Friday, indicating that inflation in Japan's capital exceeded expectations during July, adding an element of complexity to the current situation. Despite these developments, the outlook for the Yen faced some headwinds due to the release of robust second-quarter U.S. GDP data. The stronger-than-expected economic performance raised expectations that the Federal Reserve will have the necessary economic space to continue its path of raising interest rates. However, this scenario poses challenges for regional currency units, including the Yen. With no high-impact events expected from Japan's economy in the upcoming week, all eyes are now turned toward the economic indicators from the US economy. Traders will closely be monitoring these indicators for signals that can provide insights into the likely direction of prices. USDJPY Technical Analysis: In this video, we conduct an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure. Our primary focus is within the key zone of 141.000 and 142.000, which will serve as our center of focus ahead of the upcoming week. As price action remains within this zone, it becomes an area of interest that could lead to choppy consolidation before a clear direction emerges. The market's reaction around this area at the beginning of the new week will heavily influence the trajectory of price action in the days to come. Join me on this journey as we explore potential trading opportunities using trendlines and key levels. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together. Wishing you the best of luck as you chart your course in the USDJPY market this week. Get ready for an exhilarating experience filled with valuable insights and exciting trading opportunities! Disclaimer: Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy. It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment. I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it. Please note that past performance is not necessarily indicative of future results.
by darcsherry
3
GBPUSD Weekly Outlook: New perspective for the week | Follow-upThe GBPUSD pair faced downward pressure last week due to a dampened economic outlook caused by the Bank of England's aggressive policy amid fears of a recession. Despite this, overall sentiment for Pound Sterling remains bullish, as the UK central bank may consider more interest-rate hikes to tackle inflation. In June, UK's Consumer Price Index (CPI) softened to 7.9%, with core CPI, excluding volatile food and energy prices, falling to 6.9%. However, these declines are not enough for the BoE to declare victory over inflation. On August 3, the BoE is expected to raise interest rates despite rising recession concerns and the challenges faced by businesses. Conversely, the dollar surged on Thursday as data showed the U.S. economy grew faster than expected in the second quarter, reducing the likelihood of a recession in the second half of the year. This could potentially lead to further interest rate hikes by the Federal Reserve if the strong economic performance continues. GBPUSD Technical Analysis: Will the pound find support at the current confluence at $1.28500, or is a breakdown imminent, inciting a potential sell-off? Be prepared as the BoE interest rate decision draws near it may trigger sharp price movements in the pound. In this video, We analyze the Daily and 4-hour timeframe, exploring both bullish and bearish sentiments to uncover promising trading opportunities for the week ahead. Key levels, trendlines, and support/resistance points was examined to reveal essential insights into the current market structure. Don't miss the key level at $1.28500, sharing a critical confluence with the ascending trendline in the 4H timeframe. As we stand at a juncture where both sellers and buyers hold sway, the market's reaction to this zone will determine the direction of price action in the upcoming days. Stay connected and engage in the comment section to remain updated on the latest developments. Thank you for watching, and get ready for more enlightening insights into GBPUSD in our upcoming content. Prepare for a thrilling journey ahead! Disclaimer: Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy. It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment. I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it. Please note that past performance is not necessarily indicative of future results
by darcsherry
1
USOILSPOT Weekly Analysis: New Perspective and Follow-Up DetailsPrepare yourself for a thrilling week ahead as all eyes are fixated on the much-anticipated interest rate decision by the Fed. The question on every trader's mind is, will the Fed signal an end to this year's rate hikes? And if they do, brace yourself, because oil could be on the brink of a momentous breakthrough, turning that elusive $80 per barrel from resistance into rock-solid support! Hold onto your hats, because the excitement doesn't stop there! Oil prices surged by nearly 2% on Friday, marking the fourth consecutive weekly gain. The market is abuzz with growing evidence of impending supply shortages, sending ripples of anticipation through the market. But that's not all—rising tensions between Russia and Ukraine add an extra layer of intrigue, potentially further impacting supplies. The stage is set, and the question on everyone's lips is, what lies ahead in the upcoming week? US Oil Technical Analysis: In this video, we delve deep into the 4-hour timeframe, dissecting key supply and demand zones to uncover invaluable insights into the potential trajectory of price action for USOILSPOT in the week ahead. Don't miss out on this golden opportunity to elevate your understanding of the future path of USOILSPOT. Stay ahead of the curve and gain a distinct competitive edge by immersing yourself in this price-action-based technical analysis. Unlock the secrets of the oil market's evolution and be at the forefront of every profitable move. Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
FX:USOILSPOT
by darcsherry
1
SQ WVAP Breakdown into Earnings LONGOn the 30- minute chart BLOCK ( SQ) broke down from a VWAP pop last week into a drop this week to earnings which were a 7% beat on earnings. MACD lines are about to cross. he lower RS line in green is showing bullish divergence while the mass index signal is in the reversal zone looking to trigger with a fall. Finally the narrow range or flat candlebars at the end of the price action show the reversal is impending. I see this as a fade into good earnings worthy of a reversal long and so I will take that trade.
NYSE:SQLong
by AwesomeAvani
SVXY rises on returning greed or trader confidence LONGSVXY runs inverse to UVXY- it was trending up for weeks but fell off the cliff with the VIXX spike on the fed news of the debt rating downgraded ( like the US posting an earnings miss) a 7% adjustment in almost no time. The analysis now is the red candlestick pattern is that of inside bars, a Doji then a green bar and a red. The zero-lag MACD has had a line cross under the histogram showing bullish divergence coming into that indicator. Price has come to rest for support on the one standard deviation line below the mean VWAP. From this analysis I will take a long trade targeting the POC line of the volume profile 87.5 as the final target for 66% of the trade after taking 33% off at the mean anchored vwap at 85.85 The stop loss today's pivot low of 82.85. This offers a very favorable risk to reward as trader positive sentiment recovers.
CBOE:SVXYLong
by AwesomeAvani
TQQQ reversal shows early tech market recovery LONGOn the 15 minute chart TQQQ took a dive down through some relative volume voids shown on the volume profile into a double bottom also showing a transition from high relative selling volume into some decent buying volume . I can conclude that TQQQ is in early reversal and will head the other direction through the same volume void which could allow for a rapid ascent. While I made profit on SQQQ today, for tomorrow I aspire to make money on TQQQ. I love volatility just as I loved yo-yos as a kid many years ago. The concept of converting kinetic energy into potential energy has analogies in the markets - coiling to store momentum and the triggering to unleash it. The chart shows pertinent levels of the trade plan. As a bottom feeding grinder I am looking for 4% of range for tomorrow .
NASDAQ:TQQQLong
by AwesomeAvani
DRV a triple leveraged Real Estate ETF LONGDRV as a ETF of real estate stocks is likely somewhat responsive to the financial environment. My idea is that the recent rate hike of 0.25% will adversely effect home sales and liquidity especially given that the Fed has indicated that there will be on easing this year but perhaps some pauses. They take August off for the conference and party. The 2H chart shows price moving down from a high pivot in May. The zero-lag EMAs ( 35/70/280) are golden crossing. The MACD confirms that upward divergence.On the dual time frame RSI, the low TF green line has jumped up and looks solid. I will take a long swing trade here zooming into the 15-30 minute TF for an entry. I will also look at the options chain seeking an option expiring in 203 months reflecting a target of 48 between the POC line of the volume profile and the mean VWAP thick black line. I like to catch revesals early to profit from the bulk of the move. This is another opportunity.
AMEX:DRVLong
by AwesomeAvani
USDJPY Forecast: Insights for the New Week & Follow-Up AnalysisThe Japanese economic docket reveals that consumer price index (CPI) inflation remained stubbornly high through June, despite government measures to curb prices. This has raised the possibility of the Bank of Japan (BOJ) tightening monetary policy. However, BOJ policymakers are cautious and prefer to analyze more data to ensure sustained growth in wages and inflation before making any changes to the yield control policy. Reports indicate that there is no consensus within the central bank, making the decision a close call. Nevertheless, recent reports suggest that the BOJ may lean towards maintaining its yield curve control (YCC) strategy in the upcoming policy meeting. With Japanese inflation staying above the BOJ's target, there have been speculations about the central bank potentially abandoning its yield curve control program, a move that could strengthen the yen. On the other side, the US dollar has made a sharp recovery from 15-month lows ahead of a Federal Reserve meeting, leading traders to seek safe-haven assets. The market remains uncertain about whether the Fed will signal a pause in its rate hike cycle despite the expectation of a 25 basis points interest rate hike. As we shift our focus to the upcoming week, all eyes are on high-impact economic features from both the US and Japanese economies that could significantly impact the USDJPY market. USDJPY Technical Analysis: In this video, we conduct an in-depth technical analysis of the USDJPY chart, carefully examining the current market structure. Our primary focus is on the key level of 142.000, which will serve as our center of focus ahead of the upcoming week. As price action remains within this zone, it becomes an area of interest that could lead to choppy consolidation before a clear direction emerges. The market's reaction around the 142.000 area at the beginning of the new week will heavily influence the trajectory of price action in the days to come. Join me on this journey as we explore potential trading opportunities using trendlines and key levels. Be sure to stay connected to my channel, follow my updates, and actively engage in the comment section as we navigate the dynamic USDJPY market together. Wishing you the best of luck as you chart your course in the USDJPY market this week. Get ready for an exhilarating experience filled with valuable insights and exciting trading opportunities! Disclaimer: Trading on margin in the foreign exchange market (including commodities, CFDs, stocks, etc.) carries a high level of risk and may not be suitable for all investors. The content of this speculation (including all data) is provided by me for educational and informational purposes only to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not accept any responsibility for its accuracy. It is important that you carefully consider your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from an independent financial advisor to assess the suitability of your situation before making any investment. I do not guarantee the accuracy of the information provided and shall not be held liable for any loss or damage that may arise directly or indirectly from the content or the receipt of any instructions or notifications related to it. Please note that past performance is not necessarily indicative of future results.
by darcsherry
1
XAUUSD | Price Action | New perspective | follow-up detailsWelcome, traders, to this week's XAUUSD price action-based technical analysis. Gold prices experienced a decline as the dollar surged to its highest point in over a week. As we gear up for the upcoming central bank policy meetings, including the BOJ and the Federal Reserve, there's growing anticipation surrounding potential rate hikes. All eyes are on the Fed's meeting next week, where a quarter-percentage-point rate increase is expected. Analysts eagerly await Chair Jerome Powell's press conference on Wednesday for hints about the Fed's future moves, especially regarding their goal of achieving a 2% annual inflation target amid a robust economy and tight labor market. Additionally, we'll be closely monitoring reports on second-quarter GDP and the personal consumption expenditure index, along with the latest reading on consumer sentiment from the University of Michigan. As traders grapple with uncertainties about the Fed's path post-meeting, we find ourselves at a critical juncture from a technical standpoint. The XAUUSD price hovers around the crucial confluence near the $1,960 zone. XAUUSD Technical Analysis: In this video, we embark on an in-depth analysis of XAUUSD's price action, focusing on intricate patterns of accumulation and distribution. By dissecting past price movements, interpreting market behaviors, and identifying recurring trends, we'll gain invaluable insights into the motivations and actions of both buyers and sellers. Our attention is drawn to the key level at $1,960, which holds tremendous importance for the week ahead. It serves as a pivotal focal point, and the reactions witnessed within this zone, particularly in light of upcoming high-impact economic events, will be indispensable in guiding our precise trading decisions. Together, let's replicate the triumphs of the previous week and prepare ourselves to seize the opportunities that lie ahead! With my updates and comprehensive analysis, you'll be equipped with the necessary tools to make well-informed and strategic trading choices throughout the week. The stage is set, the spotlight is on, and the thrilling drama of the gold market awaits your presence. Stay tuned in and get ready to embark on this adventure with confidence and finesse! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
1