Reversalpattern
US100 + S&P 500 WEEKLY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at NAS 100 & S&P500 from HTF - MULTI TIME-FRAME ANALYSIS
NAS100 WEEKLY TF
* 2 WEEKS bullish run delivering from the +OB On the NAS100 & S&P500 from the weekly.
* We are opening bullish on the weekly signalling strong signs of cont.
* But with (PO3) possible breather on the index's to see some reversal.
* with a -FVG & -OB looking for a small reversal but momentum strength brings doubts or some skeptism.
* Because The weekly & daily TF show we are still trading in BULLISH conditions on the NAS100 & S&P500.
NAS100 & S&P500 DAILY TF
* It becomes interesting on the Daily as we see an SMT on NAS & the S&P.
* S&P 500 is mitigating the POI -FVG.
* As NAS100 Is just shy of this PD ARRAY.
* Opening bullish i am looking for some rejection to confirm this SMT.
*WITH (PO3) RULES
Either than that as we drop to the 4H
* still bullish on NAS100 Trend cont. favoured until otherwise price shows some significant bearish move.
SENTIMENTS THE SAME ON THE S&P500
* Looking for reversal patens other wise continuation of the move.
1H TF
* Sentiment remains, remain bullish unless otherwise.
* Probably be looking for short OPPORTUNITIES otherwise .
* We will see what does the market dish.
🤷♂️😉🐻📉🐮📈
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USOIL 73.02 - 1.01 % WEEKLY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Last week saw a bearish close with the weekly FVG holding & beautifully rejecting.
* The sentiment is still strongly bearish for OIL from HIGHER TF perspective.
* The weekly & daily TF show we are still trading in a range on a bearish trend towards that ERL.
USOIL DAILY TF
* The picture is clearer with strong bearish moves from the daily.
* some volume imbalance left behind.
* possibly to be filled before we take that ERL.
USOIL 4H
As we head lower we see some bullish potential for some retracement.
* With the week to opening Bearish (PO3) could see this move with tomorrows crude inventories .
* sentiment the same on the hourly tf.
* This rally with the bulls & strong momentum to the down side could see some reversal.
looking for some signs of this on todays price action.
* LETS SEE HOW THE MARKET DISHES
🤷♂️😉🐻🐮
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
USOIL 78.31 -1.59 % AHEAD OF THE CRUDE INVENTORIES HELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from MULTI TIME-FRAME ANALYSIS
🎯 CRUDE OIL INVENTORIES TOMORROW
- 7th Aug release was more than expected which meant weaker demand and was bearish for crude prices. The same can be said if tomorrow a decline in inventories is less than expected.
USOIL 4H TF
* Friday & monday where strongly bullish but tues came with change in delivery as we see strong bearish move.
* The weekly & daily TF are still range bound .
* USOIL took External range LQ & price will delive from the -FVG above.
* We are trading in premium of the move, This is where I would be looking for short entries.
* With PO3 looking to open bullish (fri & monday) to confirm a move Lower into +FVG on USOIL.
USOIL 1H TF
* Looking for the hourly to open Bullish into the 4h FVG because our HTF BIAS (PO3) .
* We will see what does the market dish.
* On the 4 hourly IRL > ERL.
- LOWER TF
* ANALYSED IN REAL TIME
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
XAUUSD | GOLDSPOT | New perspective | follow-up detailGold (XAU/USD) prices surged to near $2,430 in Friday's New York session, rebounding after a turbulent week sparked by the Bank of Japan's surprise rate hike. But with the Fed's potential September rate cut looming, will gold continue its climb?
The recent recovery highlights a firm near-term outlook for gold, driven by strong speculation that the Federal Reserve (Fed) will begin reducing interest rates in September.
There is ongoing debate among investors about the Fed’s approach to rate cuts. Some are anticipating a more aggressive 50 basis point (bp) reduction, while others expect a 25 bp cut. According to the CME FedWatch tool, current 30-day Federal Funds futures data shows a 54.5% probability of a 50 bp cut in September. Additionally, projections for the year indicate a potential total reduction of 100 bps.
In this video, I explored the current market sentiment, weighed the chances of both buyers and sellers in this volatile environment and discussed how to prepare for potential trading opportunities in the upcoming week.
XAUUSD Technical Overview:
This week, we're focusing on the $2,425 zone. This could be a make-or-break point just like it did last week. If gold stays above this zone: Bulls might maintain control, potentially pushing prices higher and setting up new highs. If gold drops below the zone then Bears might gain the upper hand in an attempt to retrace into the structure-support line of the ascending channel in the process. Join me as we explore these factors and potential opportunities in the gold market. Like, subscribe, and hit the notification bell for the latest analysis and insights!
📌 Follow my journey as I map out the next moves in this dynamic market!
#gold #goldprice #goldtrading #swingtrading #marketanalysis #fed #rates #economy #usdata #nonfarmpayrolls #tradingstrategy #technicalanalysis #investing #finance #goldinvestors #goldbugs #goldnews #marketupdate📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries a high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
GBPUSD 1.28715 + 0.19% SHORT IDEA ASIAN SESSION TRADEHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE from INTRA DAY TIME-FRAME ANALYSIS
GBPUSD 15 M TF
* Friday opens with a sweep of NY lunch session highs.
* Trading above the True Day OPEN confirming a Judas swing at play for shorts.
* Seems we may see a reversal before continuation, with the CISD On the 1H.
* GBPUSD took External range LQ , looking for that internal range LQ to be taken.
* This move will be delivered from The 15M -OB
* CONFIRMATION of this short idea is if we see rejection at pd arrays with significant 🐻 candles
**IF CONFIRMED
TP 1 - ASIAN LOWS
TP2 - TREND LQ AT PROJECTION 2.5
5 M TIME-FRAME
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
ADVANCED MICRO DEVICES - Ready for a reversal?NASDAQ:AMD is retesting a significant horizontal structure and we might see a bullish reversal soon, considering that AMD already created a correction of -45% over the past couple of months.
Click chart above to see detailed analysis
AMD is clearly one of these "AI" hype stocks which is now coming back to normal levels after also NVIDIA and other tech stocks are correcting a bit. AMD has been trading in a rising channel formation since the "Covid" crash back in 2020. With the recent break and retest, we could definitely see a bullish reversal soon.
Levels to watch: $120
Keep your long term vision,
Philip - BasicTrading
GBPJPY 187.954 +0.47 % SHORT INTRADAY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at STERLING from MULTI TIME-FRAME ANALYSIS
GBPJPY 4H TF
* Opening bullish on GU good for possible reversal with PO3 rules.
* The weekly & daily TF show we are still showing signs of a BEARISH move still.
* But seems we may see a push up before continuation with the bears with resting LQ above.
* GJ took External range LQ, looking for that internal range LQ to be taken.
* We are trading in premium of the move,This is where I would be looking for short entries.
GBPJPY 1H TF
* As we open Bullish into the 4h FVG because our HTF BIAS (PO3) Is bearish.
* looking for confirmations to short before we push up in continuation.
* We will see what does the market dish.
* GJ not giving clear plan with regards to pd arrays but looking to see UP move to go LOW.
GBPJPY 1H TF
* We saw a rally with the bulls, strong momentum to the upside.
* Looking at the 1H FVG, this is where i would look for SHORT entries this week.
* Should this PD ARRAY hold will be SHORT for the GJ intraday.
* BASED on the price action served this week doesnt look good this far but we will see.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
*
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPUSD 1.27704 +0.1% SHORT IDEA ITRADAY MULTI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE from MULTI TIME-FRAME ANALYSIS
GBPUSD 4H TF
* Monday 8 am SAST time 4H candle pushes higher to take highs.
* Beautiful rejection forming a wick favoring bearish move.
* So seems we may see a reversal before continuation, with the CISD On the 1H.
* GBPUSD took External range LQ , looking for that internal range LQ to be taken(W FVG).
* We are trading in discount of the move,This is where I would be looking for long entries.
GBPUSD 1H TF
* Looking for the week to open Bearish into the 4h -BB because our HTF BIAS (PO3) Is bullish .
* Confirmation of this can be that we pushing higher & rejecting.
* We will see what does the market dish.
* 4H lookin for a push into the +BB (po3) ✔ to sell intraday
.
GBPUSD 15 TF
* We saw a rally with the bulls, strong momentum to the upside ON the 1H.
* Looking at the 1H -OB, this is where I would look for short as we are rejecting upside.
* Should this PD ARRAY hold will be Short for the GBPUSD.
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
AR: Support Level Reached, Potential for Bounce Back#AR/USDT #Analysis
Description
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+ The price has hit the support line for the third time, underscoring the significance of this level. Each previous test has resulted in a reversal, suggesting that this support remains robust.
+ The current price action is showing signs of a reversal from this support zone, which could signal the beginning of an upward move.
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VectorAlgo Trade Details
------------------------------
Entry Price: 20.82
Stop Loss: 15.78
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Target 1: 24.38
Target 2: 28.28
Target 3: 31.39
Target 4: 41.01
Target 5: 48.50
------------------------------
Timeframe:
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
This Simple Error Cost Me Big on XAUUSD! Learn From My Mistakes!Key Levels and Zones
Highs and Lows:
HH (Higher High) and LH (Lower High) are marked on the chart.
The chart shows a recent HH and LH indicating a bullish trend with a potential pullback.
Liquidity Zones (LQZ):
4HR LQZ at 2474.891: This zone might act as a significant resistance level.
4HR LQZ at 2432.126 - 2432.046: This zone was previously a resistance level that may now act as support.
4HR LQZ at 2348.453: Another support zone lower on the chart.
Daily Bull Flag:
A daily bull flag is drawn, suggesting a potential continuation of the bullish trend if the price breaks out upwards.
Trading Plan
Identify Key Zones:
Mark key support and resistance levels on your trading platform.
Wait for Confirmation:
Look for confirmation signals (candlestick patterns, volume spikes) before entering a trade.
Set Alerts:
Use trading alerts to get notified when the price reaches key levels.
Risk Management:
Always use a stop loss to protect your capital.
Ensure your risk-reward ratio is at least 1:2.
Review and Adjust:
Regularly review your trades and adjust your strategy based on market conditions.
Small inverse H&S in many stocksThis is just for St James's Place, but you'll find inverse head and shoulder patterns in a lot of stocks on the FTSE 100. For me, that means a reversal on the pullback, and this week for example, STJ is confirming the reversal with a break about the neckline and 200 EMA acting as support.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold has delivered impressive gains of over 18% so far in 2024, and June looks promising for investors. With finite supply and fluctuating demand, gold prices are sensitive to economic and geopolitical news. This video dives deep into the current market dynamics and what to expect in the coming month.
In June, geopolitical unrest could significantly impact gold prices. Any major news on this front may push gold prices higher.
On Friday, gold retraced to our key level at the $2,325 zone, undoing gains made after the release of the US Personal Consumption Expenditure (PCE) data for April. This report, showing cooling core price pressures (0.2% month-over-month, down from 0.3%), suggests a higher likelihood of the Fed cutting interest rates sooner. Lower interest rates are typically positive for gold, reducing the opportunity cost of holding this non-yielding asset.
However, US interest-rate expectations are just one piece of the puzzle. Gold demand is also being driven by Asian buyers hedging against their depreciating currencies. Fund flows into Chinese gold ETFs are rising at the fastest pace since April, even amid surging US yields. This trend indicates that the US Dollar's strength may not be as negatively correlated with gold as it was in the past.
In this video, we'll explore how to navigate these complex market dynamics as we prepare for an active trading month. Expect increased trading activity as fund managers and investors rebalance portfolios to meet allocation targets or adjust for market performance.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is fixed on the critical $2,325 level for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,325 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldMarket #GoldInvestment #GeopoliticalImpact #InterestRates #AsianDemand #GoldETFs #MarketAnalysis #Investing #TradingTips📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Brace Yourself: Is Gold's Bearish Trend to Continue Next Week!?Key Levels:
Resistance Levels:
$2,480: Recent high, acting as a strong resistance level.
$2,449.525: Previous high, another significant resistance level.
Support Levels:
$2,391.612 (4HR LQZ / TP 1): First significant support level and target point.
$2,348.723 (Daily LQZ / TP 2): Second support level and target point.
$2,289.000 (TP 3): Third support level and long-term target.
Trend Analysis:
The chart shows a clear descending movement from the recent highs, indicating a bearish trend.
The price has broken down from a rising wedge pattern, which is typically a bearish signal.
Indicators and Patterns:
Rising Wedge: The price action formed a rising wedge, and the breakdown confirms the bearish trend.
Price Action: The current price movement shows lower highs and lower lows, which aligns with the bearish trend.
Volume: Consider monitoring the volume for further confirmation of the trend. High volume on down moves indicates stronger bearish sentiment.
Strategy:
Short Positions: Traders might look for shorting opportunities at resistance levels or breakdown retests.
Target Points: The support levels ($2,391.612, $2,348.723, and $2,289.000) serve as potential target points for short positions.
Stop Loss: Place stop-loss orders above the recent highs to manage risk.
Conclusion:
The technical breakdown of XAUUSD indicates a bearish trend continuation. With the price breaking down from a rising wedge and confirming lower highs and lower lows, traders should consider short positions, targeting the support levels mentioned. Keep an eye on the volume and price action for further confirmation and manage risk with appropriate stop-loss levels.
SQQQ leveraged inverse QQQ LongSQQQ on the 15 minute chart has trended down into a reversal at the end of the last trading
session. A snapshot of the 3 minute chart inlaid shows a reversal about 14:45 EDT 75 minutes
before market close. I took a long trade of shares and call options striking $10.00 for June 14th
at that point. I am expecting a 5% quick return on the shares and far more on the options.
The relative volatility indictor is helpful to further pinpoint the reversal for best entry.
(red to green) The set of Hull Moving Averages ( 14 and 35) also serves to signal "death" and
"golden" crosses which serve to further aid trade entry accuracy. The relative volume indicator
( of veryfid) also helps in that regard. It has extreme volume spikes in black. OF particular
interest, the last 15 minutes of the trading week has a volume spike of buying in SQQQ.
This comforts me to know that other traders saw what I saw. I am fortunate that I saw it
about 45 minutes before them and got a better price. This demonstrates the value of indicators
and knowing how to apply and interpret them. Trading is not as complicated as the pundits
and the fee for services and trading room coaches will have you to believe to make you
financially dependent on their "guidance and assistance".
Gold Hits Record Highs! Skyrocket Further or Sharp Reversal?4-Hour Time Frame Analysis:
Higher Highs (HH) and Higher Lows (HL): The chart displays a clear upward trend with higher highs and higher lows. This indicates a bullish market structure.
Ascending Channel: The price is moving within an ascending channel, showing a steady increase in value.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Potential Take Profit (TP) Levels:
TP 1: 2319.385
TP 2: 2288.085
TP 3: 2267.832
Current Price Action: The price has reached the upper boundary of the ascending channel, suggesting a potential reversal or breakout. Traders should watch for confirmation before taking action.
1-Hour Time Frame Analysis:
Higher High (HH): Similar to the 4-hour chart, the 1-hour chart also shows a higher high, indicating a bullish trend continuation.
Ascending Channel: The price is respecting the ascending channel, reinforcing the bullish sentiment.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Current Price Action: The price is at the top of the ascending channel. Traders should look for signs of a reversal or a breakout above this level to gauge further price movements.
15-Minute Time Frame Analysis:
Ascending Channel: The 15-minute chart shows a detailed view of the ascending channel with the price closely following this structure.
Key Levels:
1-Hour LQZ / Reversal: 2429.940
4-Hour LQZ / Reversal Point: 2391.394
Current Price Action: The price is currently at the top of the channel, suggesting a potential short-term reversal or continuation depending on the breakout direction.
Summary:
Bullish Trend: All three time frames show a clear bullish trend with higher highs and higher lows.
Ascending Channel: The price is moving within an ascending channel on all time frames, which supports the bullish outlook.
Key Reversal Zones: Pay attention to the 1-hour and 4-hour LQZ / Reversal points at 2429.940 and 2391.394 respectively.
Potential Reversal: The price is currently at the upper boundary of the ascending channel on all time frames. This indicates a potential reversal if the price fails to break out. Traders should wait for confirmation before entering trades..
Does FFIE have another bullish move left? LONGFFIE had an explosive move from about 0.50 to 4.00 before retracing down to the 1.10 range
where it got support from the 0.786 Fibonacci level. That is to say it retraced beyond the typical
0.5 to 0.618 levels. The question now is can it move higher and will buyers pile into the
stock at this relative discount. I think that they will. As a result, FFIE could retrace the trend
down by 50% and end up targeting 2.30. The sequence of candles for the reversal setup are
noted in the text box on the 30-minute chart. This is a potential 100% trade. The stop loss is
the recent pivot low at 0.75. The Reward to Risk is about 4. The stop loss of about 28% will be
moved to break even if the price gets over 1.35 making the trade risk-free thereafter.
FFIE needed to rest but could easily resume with another leg of bullish momentum.
XAUUSD | GOLDSPOT | New perspective | follow-up detailsGold prices are on a roll, climbing for the third consecutive quarter! What's driving this surge? 👀 It's all about inflation and the Federal Reserve.
This gain comes after a key U.S. inflation gauge, favored by the Federal Reserve, was broadly in line with expectations, fueling hopes of potential interest rate cuts by September.
On Friday, market sentiment shifted as traders bet on the Federal Reserve cutting interest rates by September and again in December. This speculation followed the Personal Consumption Expenditures (PCE) Index report, which showed no inflation rise from April to May. The PCE's steady data and moderate consumer spending have influenced this outlook.
Despite Richmond Fed President Thomas Barkin's neutral stance on rate cuts and San Francisco Fed President Mary Daly's positive remarks on current policy effectiveness, the market remains hopeful. Economic indicators, including declining business spending on equipment and a widening goods trade deficit, underscore a slowing economic momentum. This, combined with a weakened dollar and falling benchmark 10-year yields, has made gold more attractive to investors.
According to the CME FedWatch tool, traders are now pricing in an 89% chance of a Fed rate cut in September, up from 64% before the latest inflation data release. This video will show you how I plan to position for the next move in the gold market.
XAUUSD Technical Overview:
In this video, we take a detailed look at the XAUUSD chart, combining both technical and fundamental perspectives.
Our attention is still fixed on the key level at $2,330 for the upcoming week, historically significant and poised to steer trading dynamics. A sustained momentum above this mark could fuel further buying interest, potentially paving the way for fresh highs. Conversely, a bearish tilt below $2,330 might signal a resurgence of bearish sentiment.
Join me as we break down these factors and explore potential trading opportunities in the gold market. Don't forget to like, subscribe, and hit the notification bell to stay updated with my latest analysis and insights.
#GoldPrices #XAUUSD #MarketAnalysis #FedRateCut #TradingStrategy #EconomicIndicators #ForexTrading #Investment #MarketSentiment #CMEFedWatch #FinancialNews📺🔔💼
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
How I Caught the Spike Down on NZDCHF Using This Great StrategyIn this video, I explain the Restricted Market Structure strategy and how it differs from the traditional Market Structure strategy. You'll learn how to set up trades using this unique approach and discover which currency pairs are best suited for it, as well as which pairs to avoid.
Key points covered:
Detailed explanation of Restricted Market Structure strategy
Differences between Restricted Market Structure and Market Structure strategies
Step-by-step guide to setting up trades with the Restricted Market Structure strategy
Best currency pairs to use this strategy with and pairs to avoid
Real-life example with NZDCHF, showcasing how it caught the big drop on the H1 chart perfectly
Join me for an in-depth analysis and practical tips to enhance your trading skills. Don't forget to like, comment, and subscribe for more trading strategies and expert insights. Let's master the markets together! 🚀💹 And remember to hit the Boost Button on this video to support our Trading View community!
Disclaimer: Forex trading involves significant risk and is not suitable for every investor. Carefully consider your financial situation and risk tolerance before entering any trade. Always perform your own research and seek advice from a licensed financial advisor if needed.
DMART - Momentum is building for upside move - Time to go LONG!DMart looks like it has bottomed out, presenting an opportunity for a long trade with a tight stop loss in place!
Trade Idea Explanation:
- Entry Point: Best around 4300+
- Stop Loss: Tight SL to 4100 on closing basis of D tf candle
- **Target:** Expecting a significant upside around 5900++
Stay updated for further insights and trade safely!
If you have liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.
Thanks & Regards,
Anubrata Ray
GBPUSD | Perspective for the new week | Follow-upIn this video, we examine the recent performance of the GBP/USD, which closed Friday at a fresh five-week low, marking its third consecutive week of decline. The Bank of England's (BoE) recent interest rate decision did little to bolster confidence in the British pound. Meanwhile, a late-week surge in the US Purchasing Managers Index (PMI) dampened risk appetite, giving the US Dollar a lift heading into the weekend.
On Thursday, the pound and UK bond yields fell after the BoE left interest rates unchanged at 5.25%. Some policymakers noted that their decision not to cut rates was "finely balanced". Additionally, British inflation data revealed a drop to 2% in May, hitting the BoE's target for the first time since 2021. However, concerns remain over underlying price pressures, particularly in the services sector.
With positive US economic data reducing the likelihood of an early rate cut from the Federal Reserve (Fed), market sentiment shifted towards the safe-haven Greenback on Friday.
Looking ahead, UK economic data remains sparse heading into next week, leaving Sterling traders focused on next Friday’s Gross Domestic Product (GDP) release. In the US, economic data releases are also limited to mid-tier reports early next week, with the US GDP update scheduled for next Thursday.
GBPUSD Technical Analysis:
Will the pound maintain selling pressure below $1.26750? Watch this video for key trades this week. Join the discussion for updates on GBP/USD trading. Stay tuned for more content. Happy trading!
Disclaimer Notice:
Trading in the foreign exchange market and other instruments carries high risk and may not be suitable for all investors. The content provided here is for educational purposes only. Evaluate your financial situation and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
Next week analysis: FANG & Energy Sector up? Hello everybody, thank you for checking out my trade idea and rundown of the stock market from last week. My analysis here covers the broad stock market, the energy sector, money inflow to small caps, and a potential trade setup in FANG, XLE, or ERX for next week. Please let me know if you have any questions about entries when to enter how to enter how to exit how to scale out or if you have any questions about the indicators I use or the indicators I don't use. I like to keep things simple; most indicators are derived from the price and volume, so I don't need to use indicators to tell what's going on. Have a great trading week and good luck.