S&P500 Measured Move - ES Target 2024 Reached?That's a ...ummmhh..surprise at least.
And it's crazy.
I never thought this could happen.
But we better shall believe, that ECH - Everything Can Happen!
So, is the target reached for 2024?
Nobody knows, right?
But, I start to further close positions and take my profits in these Index and the correlating Markets.
Don't let Greed eat your Brain §8-)
As for my Christmas Lotto Ticket this year, I take a small Short Position now...LEAPs, Bear-Spread, dunno yet, but it's a Shortie that I can let sit for a couple Months.
Talk soon...
Short
BITCOIN's Distribution, Greed and Dutch TulipsThe **Tulip Mania** of the 1630s was the original bubble—and it was as absurd as it was dramatic. Picture this: a single tulip bulb sold for the price of a luxurious Amsterdam townhouse. Traders flipped tulips like hotcakes, fortunes were made overnight, and the humble flower became a symbol of outrageous wealth and speculation.
Then, in February 1637, the fever broke. Buyers disappeared faster than a Dutch winter thaw, and the market collapsed like a poorly built dike. Those who had mortgaged their futures for tulips were left with nothing but petals and regret. It was a dazzling rise and a catastrophic fall—a timeless lesson in the dangers of speculative greed!
🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉🌷📉
Why do I write about the Tulip Crash?
These days, not many young Trader and Investors know about it. And why not learn from the past?
Happy profits all.
A Google Short Term TradePrice is back to balance at the Center-Line.
From here we have a 50/50 chance that it will either shoot through it, or turn and trade in the opposite direction.
My bias is short because of the overall market situation.
(Partial) Target is the GAP-Fill at the L-MLH, which a Stop I can afford and not even think about it when it get hit.
BTC, clear H&S top - more down to comeIt looks as though we have a head and shoulders top in play with BTC. Left, head and right are clearly marked on the diagram. If, the red neckline should be broken then we go down to the 70s which will present a wonderful buying opportunity for those who are not in or want to buy a little more. Long-term, we're still very much on the upward trend but be careful if you have any day trades for longs as the most likely probable outcome is down. Follow for more.
NZDJPY: Forecast & Trading Plan
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDJPY chart which, if analyzed properly, clearly points in the downward direction.
❤️ Please, support our work with like & comment! ❤️
THETA - A Nice Pattern for a quick tradeBINANCE:THETAUSDT (1D CHART) Technical Analysis Update
THETA is currently trading at $2.33 and showing overall bearish sentiment
Price got rejected from the resistance within the channel and expected to crash further. There is a good short trade opportunity here.
Entry level: $ 2.33
Stop Loss Level: $ 2.58
TakeProfit 1: $ 2.1
TakeProfit 2: $ 2.0
TakeProfit 3: $ 1.9
TakeProfit 4: $ 1.78
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81500 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.81500 support and resistance area.
Trade safe, Joe.
USDCHF Is Nearing The Weekly ResistanceHey Traders, in tomorrow's trading session we are monitoring USDCHF for a selling opportunity around 0.90800 zone, USDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.90800 support and resistance area.
Trade safe, Joe.
AUDNZD Breakout And Potential RetraceHey Traders, in tomorrow's trading session we are monitoring AUDNZD for a selling opportunity around 1.10400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.10400 support and resistance zone.
Trade safe, Joe.
VIRTUAL - 4:1 RR Short SetupThis trade setup presents a low-risk opportunity with a 1% risk for a potential 4% reward, providing an attractive risk-to-reward ratio of 4:1. The analysis is based on an ABC correction pattern, with entries laddered between the 0.618 and 0.718 Fibonacci retracement levels, SL above the high. The take-profit target is strategically placed at a well-defined confluence support zone.
GBPJPY Set To Fall! SELL!
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 198.39 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 195.23
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
CADJPY Will Collapse! SELL!
My dear followers,
This is my opinion on the CADJPY next move:
The asset is approaching an important pivot point 109.43
Bias - Bearish
Technical Indicators: Supper Trend generates a clearshort signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 108.28
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
HelenP. I Gold can break support level and fall to trend lineHi folks today I'm prepared for you Gold analytics. Some time ago, the price broke the resistance level, which coincided with the resistance zone, and rose to 2720 points, after which it made a strong impulse down to the support level, breaking the resistance level. Next, the price turned around from the 2610 level and started to grow, and when it almost reached the resistance level, Gold made a correction to the support level. After this, the price turned around and in a short time rose to the resistance level, broke, and later rose to the trend line. Then the price turned around and started to decline, so, in a short time it fell to the 2675 resistance level, broke it, and continued to fall next. Gold declined to the support level and even broke it and fell lower even support zone. But soon it turned around and rose to the trend line, after which it broke this line and continued to move up. Recently XAU dropped to the support level and now trades close to it. For this case, I expect that XAUUSD will make a small move up and then continue to decline to the trend line, breaking the support level. That's why I set my goal at 2575 points. If you like my analytics you may support me with your like/comment ❤️
USOIL BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
We are going short on the USOIL with the target of 67.01 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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With Major Liquidity Swept and RSI reset Bitcoin is now going UPIn the last few days, after achieving a new all-time high of $108,000, Bitcoin has experienced a massive dump, liquidating many retail traders using leverage. This market downturn was caused by several factors. First, Bitcoin was severely overbought and overdue for a correction. Second, Jerome Powell added to the market uncertainty by making strong anti-Bitcoin statements, dashing hopes of the U.S. adding BTC to its Federal Reserve reserves.
As a result, the market saw a steep fall, with major altcoins such as SOL and DOGE dropping over 30%.
The Main Question: What’s Next?
Bitcoin is unlikely to go up from here in the immediate term. Instead, it may be better to position for a short targeting the $90-91K range. The market might remain bearish over the Christmas holidays, giving “holiday discount” vibes. It’s not a good idea to buy Bitcoin with leverage at this moment. Waiting until next Monday to reevaluate might be a safer option.
Technical Analysis:
As highlighted, Bitcoin has broken out of an ascending channel and dropped significantly. One of the key technical reasons for this is the overbought RSI. Major resistance is currently around $99.7K , while key support lies between $89.5K and $87.5K . A break below these levels could indicate a strong move in either direction.
The most liquidity is around $92.2K , where Bitcoin is likely to gravitate before making an upward move. Additionally, RSI has hit a support level, which increases the possibility of a bounce from here.
Outlook:
After the holidays and once Bitcoin sweeps the lower liquidity levels, we could see an excellent buying opportunity . There is potential for BTC to reach $118K by the end of January . Moreover, Donald Trump’s inauguration could act as a catalyst to drive Bitcoin’s price higher once again.
GBPCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPCHF below:
The instrument tests an important psychological level 1.1328
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.1286
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
APPLE Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for APPLE is below:
The price is coiling around a solid key level - 225.72
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 246.76
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBP/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.125.
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HAWK - Full speed decline, what a piece of junkWhat a trajedy. Sorry if you're one of the unlucky ones who have lost money here. It just shows that technical analysis, a steady hand and an a total side-stepping of FOMO is critical when trading. This coin is trash and I'll give anyone who has lost any money a number of free signals and charts to support them in their journey back to the big city lights. So sad, but it's going to plump 0 where it'll most likely be delisted and sold for spare parts. Follow for more.