CESC Trading Within Demand ZoneCESC is currently trading at ₹154.07, slightly above the demand zone spanning ₹153.7 (baseHigh) to ₹150.8 (baseLow), established on 26th June 2024. This zone could serve as a support area, providing opportunities for buyers to enter the market.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Supply and Demand
GOLD (XAUUSD): Intraday Bullish Confirmation?!
I really like how Gold reacted to the underlined daily/intraday
horizontal support after a pullback.
The price formed a nice indecision candle - doji first,
then we see a nice bullish imbalance - the engulfing candle.
I think that the market can continue rising.
Next intraday resistance - 2678
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EUR/USD Bearish Setup Short Opportunity at Key Resistance ZoneThis chart suggests a potential short setup for EUR/USD
The price has been in a downward trend, making lower highs and lower lows. The current price action indicates a potential retracement towards the marked resistance zone near 1.02820 - 1.03117, which aligns with a possible supply zone. This zone could act as a strong resistance due to previous selling pressure.
The price is likely to reject this resistance and resume the downward movement, following the overall bearish trend. A breakdown from the resistance zone could lead to a short opportunity targeting 1.01764 as the first support level. If bearish momentum continues, the price might further decline toward lower levels.
Key levels to watch
Resistance: 1.02820 - 1.03117 (entry zone for shorts if rejection occurs)
First Target: 1.01764 (potential take-profit level)
Stop Loss: Above 1.03117 (to protect against a breakout)
Confirmation of rejection through candlestick patterns or bearish momentum near the resistance zone is crucial before entering the trade.
GOLD H4Gold (XAU/USD) 4H Chart: Highlighting key supply and demand zones for potential trade setups. Supply zones (red) act as resistance, while demand zones (green) provide support. Break of Structure (BOS) and Change of Character (CHoCH) mark critical shifts in market trends. Current price is testing a demand zone (2,657.20–2,648.93), with potential resistance at 2,704.57–2,723.17. Watch for reactions at these levels for possible bullish or bearish continuations.
Weekly Market Forecast Jan 13, 2025This is an outlook for the week of Jan 13-17th.
In this video, we will analyze the following FX markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
The indices look set to move lower this week, with the possible exception of the DOW.
The metals are rallied on Friday, and may continue upward this week, despite a relatively strong USD.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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Is Bitcoin Heading to $78K? Key Patterns Explained!
''BTC/USD: Key Supply Zone in Focus''
This chart highlights a significant supply zone between $94,858.98 and $95,979.83, marked by previous price rejections (indicated by the arrows). This zone represents a key area of resistance where selling pressure has historically dominated.
If the price revisits this zone, there’s a high probability of another rejection, potentially leading to a downward movement. Traders should monitor this area closely for potential short opportunities or signs of a breakout.
👉 What’s your take on this supply zone? Will it hold, or are we breaking through? Let me know your thoughts in the comments!
"BTC/USD: Bearish Head and Shoulders Pattern"
This chart showcases a classic Head and Shoulders pattern, often regarded as a bearish signal. The price has already broken the neckline, indicating a potential continuation to the downside.
The target for this pattern lies near $78,490.59, calculated based on the height of the structure. Combined with the current price action, this setup suggests further bearish momentum could be on the horizon.
👉 Do you agree with this bearish outlook? Or do you see a reversal coming? Share your analysis in the comments below!
QQQ likely pathI expect the QQQ to slow and major overheated stocks to continue to bleed for a while longer. The entire market does not need to correct for ETFs to drop. Hot stocks like TSLA, PLTR, AMD and more can easily bring us to this demand zone for a bounce. I think we have a boring few weeks with a feb/march rally.
My plan:
Continue to focus on buying value at a fair price
EURJPY – Potential Buy Opportunity at Support LevelThe EURJPY pair is trading near a key demand zone which has acted as strong support during previous price actions. This area has historically attracted buyers, making it a significant zone for potential bullish reversals.
The recent bearish momentum has brought the price into this demand zone. If bullish confirmation appears, such as candlestick reversal patterns (e.g., bullish engulfing or long lower wicks), the price could see a recovery. A potential target for this bounce would be the 161.654 level, which represents a logical target for this setup.
Do you see this playing out, or would you approach it differently? Share your thoughts and analysis in the comments below!
XAU/USD - Weekly Analysis - Jan 13-17, 2025Overall Trend:
The PEPPERSTONE:XAUUSD pair has been riding a bullish trend over recent months, with gold prices hitting all-time highs in September 2024 near $2,635 per ounce. Currently, the pair remains above the 50- and 200-period moving averages, reinforcing the continuation of the upward trajectory.
Key Support and Resistance Levels:
Support:
$2,657 : Now acting as a key level after previously serving as strong resistance during pullbacks.
$2,621 : A previously identified support zone during price corrections.
Resistance:
$2,723 : A significant resistance zone, historically alternating as support and resistance since October 2024.
$2,750 : Found at the lower boundary of the premium zone but would require a break of the descending trendline and the resistance above.
Technical Patterns and Indicators:
Candlestick Patterns:
Recent bullish candlestick formations like "marubozu" and "bullish engulfing" indicate strong buying pressure.
RSI (Relative Strength Index):
The daily RSI is hovering near the overbought zone (above 59), signaling potential for pullbacks or consolidation.
SMC (Smart Money Concepts) and Wyckoff:
The current structure aligns with an accumulation phase, suggesting a high probability of a subsequent bullish breakout, consistent with Wyckoff principles.
Key Fundamental Drivers:
US Monetary Policy:
The Federal Reserve's recent half-point rate cut has added upward momentum to gold prices.
Geopolitical Tensions:
Ongoing conflicts in the Middle East and other regions are boosting demand for safe-haven assets like gold.
Economic Data:
Upcoming US economic reports, including Q4 GDP and the PCE Price Index, could sway market sentiment and drive volatility.
Jan 14 - 1:30 pm GMT 0 - Producer Price Index (PPI): ECONOMICS:USPPIMM
Jan 15 - 1:30 pm GTM 0 - Consumer Price Index (CPI): ECONOMICS:USIRMM ECONOMICS:USIRYY
Jan 16 - 1:30 pm GMT 0 - Retail Sales ECONOMICS:USRSMM and Unemployment Claims $ ECONOMICS:USIJC
Potential Scenarios:
Bullish Scenario:
If XAU/USD breaks above the descending trendline at $2,688, the price could target the $2,723 zone and, with enough momentum, push towards $2,750.
Bearish Scenario:
In the event of corrections, the pair may find support at $2,657, or in the case of a deeper pullback, near the base of the expansion channel at approximately $2,621.
Seasonal Considerations:
Historically, the start of the year tends to be favorable for gold due to increased demand for safe-haven assets and portfolio rebalancing by institutional investors.
USDCHF Wave Analysis 13 January 2025
- USDCHF broke resistance level 0.9130
- Likely to rise to resistance level 0.9225
USDCHF currency pair recently broke the resistance level 0.9130, which stopped the previous impulse wave i at the start of January, as can be seen below.
The breakout of the resistance level 0.9130 accelerated the active impulse wave iii, which belongs to the higher impulse waves 3 and (3).
Given the sharp daily uptrend, strongly bullish US dollar sentiment, USDCHF currency pair can be expected to rise to the next resistance level 0.9225 (former multi-month high from April of 2024 and the target for the completion of the active wave 3).
NIFTY heading towards strong DEMAND ZONE!!Looks like we are heading towards bottom for NIFTY as the trendline has been acting as a SUPPORT and strong demand zone from where new ATH and rally started hence new FRESH entries can be made POSITIONALLY as we can expect reaction and REVERSAL from these levels so keep watching and plan your trades accordingly.
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
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🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Alexandria Real Estate | ARE | Long at $97.41Alexandria Real Estate NYSE:ARE
Pros:
Pays a high and reliable dividend of 5.56%
Earnings are forecast to grow 18.52% per year
Revenue rose from $1.5 billion to $3 billion by Q3 2024
Insiders recently awarded a large amount of options in January 2025
Historically cyclical and bottom cycle may be ending soon
Cons:
Debt is not well covered by operating cash flow
P/E of 57.93x
May see further near-term declines in share price with poor earnings ($60s-$70s, bottom is unconfirmed)
Targets (into 2027)
$120.00
$140.00
$149.00
$199.00
$220.00 (long-term outlook)
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$QQQ Daily: Key Demand Zone Ahead of PPI DataMarkets are at a critical demand zone on the NASDAQ:QQQ daily chart as we gear up for tomorrow's PPI report. 🔻 Will overnight selling continue, or can the bulls regain control and push prices higher ahead of the data? Let’s dive into the technical setup and potential scenarios!
XPTUSD - Testing Key Resistance Level – Potential SellThe XPTUSD pair is currently approaching a key resistance level, a level that has historically acted as a strong supply area.
The recent bullish momentum appears to be slowing as the price approaches this resistance. If a rejection occurs, indicated by bearish candlestick patterns (such as a bearish engulfing or long upper wicks), the price could reverse toward the $956.212 level.
This setup aligns with the idea of trend exhaustion near resistance, creating a potential short opportunity for traders looking to capitalize on a retracement.
Let me know your thoughts on this analysis! Do you see a different outcome, or would you adjust the target? Share your insights in the comments below!
XAUUSD going for new ATH!⭐After a beautifull double top pattern & a good correction GOLD seems to be ready for a new ATH this year!
📈XAUUSD is in a medium uptrend with obvious correction and momentum movements forming new LH(Lower High) & HH(Higher Highs) which further strengthens the upward trend! 📊After the FIB Retracement applied behind the representation, gold does not seem to change its trend anytime soon, but although it is close to a pullback in the 38.20 area, it does not represent such a strong upward trend that it does not try to go down at least in the GOLDEN ZONE (50%-61,80%)
📍US PPI and CPI data due later in the week
📍Dollar at its highest level in over two years
📍Market sees 25 bps reduction in rate cuts this year
💥Position Recommendations💥
Entry: 2650
Stop Loss: 2630
Take Profit 1: 2680
Take Profit 2: 2700
Take Profit 3: 2750 (I do not recommend only with subsequent confirmations)
Missed the First Move on $ALGO – Still Eyeing Big Upside!Completely missed this one, same as CRYPTOCAP:HBAR , and now I’m looking to get in. Hate missing the first move when it’s right there, especially with the monthly blocks showing the setup.
The plan is to enter closer to 33c, though I’m not sure if it’ll give that opportunity. My target is $2.30, just below ATHs.
CRYPTOCAP:ALGO still has plenty of upside.