EURAUD - Potential Rejection at ResistanceThe EURAUD pair is approaching a significant resistance zone near the 1.67000–1.68000 range, which aligns with a prior resistance zone where the price has historically struggled to break higher. This area marks a potential point of trend exhaustion, as the market structure suggests that sellers could regain control.
If the price shows a clear rejection from this resistance zone, I anticipate a potential downward move toward the 1.65400 support level. This setup aligns with the notion of a bearish reaction after a rally into resistance.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Supply_and_demand
GBPAUD: Potential Rejection at ResistanceThe GBPAUD pair is currently trading near a key resistance zone, where sellers may regain control. This level has been a significant area of interest in the past, leading to reversals. The recent pullback into this zone suggests a potential for bearish continuation if price action confirms a rejection.
If the market provides a clear rejection pattern, such as bearish engulfing candles or wicks signaling rejection, I anticipate a move downward toward the 1.99911 target level. This setup aligns with the expectation of a short-term correction within the broader market context.
Let me know your thoughts or if you have a different perspective! Feel free to share in the comments.
EURNZD - Potential Rejection at ResistanceThe EURNZD pair is approaching a significant resistance zone marked by prior price rejections. This area aligns with a key supply zone, and the market structure hints at a potential reversal. The overall context suggests that sellers may take control at this level, leading to a downward move.
I anticipate that if the price shows a clear rejection from the resistance zone, the market may head lower toward the 1.83200 support level. This setup aligns with the idea of trend exhaustion near resistance.
if you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
XAUUSD. Trading opportunityHey traders and investors!
Happy New Year to everyone!
Wishing you health, energy, and success in all your endeavors!
Patience, composure, and perseverance in mastering the intricacies of the markets!
On the daily timeframe, there is a range. The current buyer's vector is 7-8, with a potential target of 2721 (2726). In the buyer's vector that has started, a buyer's zone has formed (green rectangle on the chart). The seller is testing this zone.
Buying opportunities (buy patterns) can be sought from this zone.
On the 4-hour timeframe, there is also a buyer's zone at these levels, and a test level has already formed at 2636.705. You can look for buying opportunities from a manipulation (false breakout) of the test level if the price returns there.
I wish you profitable trades!
BTCUSDT. Analysis of the daily timeframe.Hey traders and investors!
The price of Bitcoin entered the range of 92,232 - 90,500, and the buyer resumed activity (see previous posts).
On the daily timeframe, there is a range, with its boundaries marked on the chart.
The current buyer's vector is 6-7. The first target is almost reached at 99,963.7. The next target will be 103,333 (the seller’s zone at the upper boundary of the range).
If looking for buy opportunities, it’s advisable to focus on lower timeframes with a tight stop-loss and a near-term target based on the lower timeframe.
The feasibility of looking for sell opportunities can be evaluated once the price reaches 103,333
I wish you profitable trades.
Potentially large move on gold inbound.Gold daily is showing price rejection right in the range of $2,666.90 which is an area of confluence of resistance, Icimoku cloud, and a triangle that price has formed. Looking left I can see that the current price is a high traffic zone with many daily candles opening and closing as well as a lot of indecision. Essentially, I can see price churning to the right until Friday, January 10th for NFP. Because the price is in such a zone that it is in right now, bullish or bearish news, I predict price will push to and passed the zones in green and will most likely move to the support and resistance that I has indicated with the arrows.
[Vienmelodic] EURUSD - 2 Jan 2025 SetupEURUSD Market structure are still now in a bearish mode. Spotted nearest supply area (Red Rectangle). This is the first supply area that breaking the market structure, it's ussually very good area to entry.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] GBPCHF - 2 Jan 2025 SetupGBPCHF Market structure are still Bullish. Spotted demand area (Green Rectangle). its the first demand area and theres a bullish engulfing candle before the area so its the evidence of strong bullish continuation pattern.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 2 Jan 2025 SetupCADCHF Market structure are now in Bullish structure. Spotted demand area (Green Rectangle) and this area are breaking a new high so it the evidence of strong trend continuation.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
[Vienmelodic] CADCHF - 3 Jan 2025 SetupCADCHF Market structure are making Bullish breakout once again. Spotted demand area (Green Rectangle) near our last worked area. this is the second demand area since we already got profits 1:3 on yesterday's setup
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Vienmelodic
#Ethereum $ETHUSD One year analysis.CRYPTO:ETHUSD Key Levels:
1. 4500 = Nearest major supply & 12 month target.
2. 4105 = Last year's high.
3. 2700 = Closest majot demand.
Analysis:
CRYPTO:ETHUSD is currently trading slightly below the 2024 high of approximately $4105. This level has broken above March's high around $4090, therefore it is no longer valid and must be cleared for ETH to reach a new all time high above the upper channel wedge.
The current uptrend appears to be losing momentum. For a resumption of the bullish trend, a period of price consolidation near the lower wedge of the current channel, around the $2700 demand zone, may be required to gather momentum.
Conclusion, A retest of the $2700 level may provide a very favorable buying opportunity.
#AhmedMesbah #Ethereum #ETH #ETHUSD #ETHANALYSIS #CRYPTO #CRYPTOCURRENCY #ETHCOIN #SUPPLYANDDEMAND
#PEPE $PEPEUSD Is seaking demand.CRYPTO:PEPEUSD Key levels:
0.00021600 = Nearest Weekly/Daily Supply
0.000014900 = Nearest Demand / Breakout level
0.000010100 = Channel lower wedge last buying level "Below this the coin turns bearish"
CRYPTO:PEPEUSD
Is currently seeking demand after the price has tested the recent nearest supply around 0.00021600.
Price is determined to test the nearest demand around 0.00014900. A daily close below this level is unlocking a new zone that extends until the lower channel wedge around 0.000010100.
The coin is abuy as long as it is trading above 0.000010100. Any daily/monthly close below this level is bearish.
#AHMEDMESBAH #CRYPTOCOIN #PEPE #PEPEUSD #ETHEREUM #MEMECOIN #MEME #SUPPLYANDDEMAND #CRYPTOCURRENCY
#Bitcoin $BTCUSD [2 Marks 75-73k & 115k]CRYPTO:BTCUSD is anticipated to test the 75k : 73k zone where a huge demand is located whereoff it is anticipated to retest ATHs and probably break to 115k.
Closest demand is located at the breakout zone.
#Bitcoin #BTC #COIN #CRYPTOCURRENCY #CRYPTO #BITCOINPRICE #BTCANALYSIS #AHMEDMESBAH
BTCUSDT. Daily and 4 hour TF analysisHey traders and investors!
Daily Timeframe Analysis
The price of Bitcoin is in a range on the daily timeframe. The lower boundary is 90,500, and the upper boundary is 108,353 (more details in previous reviews).
The seller's vector 3-4 stopped at the level of 92,232.54. The key bar in the seller's vector (the bar with the highest volume) is the bar from December 19. At the beginning of the seller's vector, a seller's zone was formed with a lower boundary of 103,333 (red rectangle on the chart), and this zone has not yet been tested by the buyer on the daily timeframe. This means there is a high probability of the seller resuming from this zone.
The buyer's vector 4-5 started to develop on December 20, and on December 21, the seller resumed from the key bar of the seller's vector, forming the test level of the key bar of the seller's vector at 99,540.61. Then, the price interacted with the test level, and yesterday, December 26, the seller resumed again. The potential target for the seller could be 92,232.54.
4H Timeframe Analysis
On the 4-hour timeframe, the price is also in a range with similar boundaries to the daily timeframe: the lower boundary is 90,500, and the upper boundary is 108,353.
The seller's vector 13-14 reached the required target, and the buyer's vector 14-15 began to develop with a potential target of 102,800.11.
Summary:
On the weekly timeframe (see previous reviews), there is a long trend. The priority is buying.
On the daily and 4-hour timeframes, there are ranges. It is a priority to look for buys at the bottom of the range and sells at the top.
It is interesting to look for buying opportunities (buy patterns) after the price interacts with 92,232 or 90,500. The potential target is 102,800 (103,333).
I wish you profitable trades.
Investing in Health: Reasons Why Novartis AG Stock Stands OutIn an era where health is wealth, and the global healthcare sector is booming like never before, savvy investors are looking for opportunities that promise growth and a meaningful impact on people’s lives. Enter Novartis AG—a powerhouse in pharmaceuticals that’s not only redefining treatments but also setting new standards in innovation and sustainability.
A strong monthly demand imbalance at $97.13 per share has recently taken control. Expecting a decent reaction from this price level in the following weeks.
PZone PRO ( Zone Buy or Sell )**PZone PRO Explanation**
🔹 **Overview**:
PZone PRO is an innovative trading tool designed to enhance your trading precision and save time. Using patented technology, PZone PRO analyzes financial markets to identify Un-Filled Orders (UFOs) and map these areas on your chart. By leveraging these UFOs, traders can determine precise entry points, stop-loss levels, and targets, providing a strategic edge in trading decision-making.
The PZone PRO indicator helps identify Demand and Supply zones on the chart by marking specific patterns. It searches for patterns such as Drop-Base-Rally and Rally-Base-Rally to mark Demand zones, as well as Rally-Base-Drop and Drop-Base-Drop to mark Supply zones.
🔹 **Key Concepts**:
- **Identifying Key Price Areas**: PZone PRO detects price areas with pending buy or sell orders.
- **Dynamic Visualization**: UFOs are illustrated as green zones (for buying) or red zones (for selling), highlighting potential price reversal points.
- **Precision Advantage**: This tool supports all trading styles (long-term, medium-term, short-term) and is suitable for hedging strategies.
- **Time Flexibility**: PZone PRO can be applied to various timeframes, from seconds to monthly intervals.
- **Benefits for Options Traders**: It aids in determining the ideal strike price and zones for selling out-of-the-money options.
🔹 **Key Features**:
- **Automatic Zone Analysis**: Assists in identifying Supply/Demand zones with accuracy.
- **Timeframe Flexibility**: Usable across various timeframes.
- **Customizable Colors**: Fresh zones and retested zones can be assigned different colors.
- **Built-in EMAs**: Includes 5 EMAs – EMA 200, 100, 50, 20, and a daily EMA 9 (adjustable as needed).
🔹 **Final Note**:
Trading carries high risks, and past performance does not guarantee future results.
PZone PRO helps identify hidden market opportunities but should be used with a solid understanding and well-thought-out strategy.