Get started

Support and Resistance

STX 1$ Resistence ZoneBINANCE:STXUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️globally we came in to -0.27 Zone (usually play like accumulation zone for investors) ➡️Main support area in case if BTC drop again to test 19-17K STX should hold 0.30 cent ➡️ We going out of global downtrend line since November 2021 ➡️ Next resistance zones where we can going down again marked on chart ➡️ Main resistance zone and psychological level is 1$ where I think we will find huge sales and come back to test main support zone in September-October again. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Nasdaq market analysis: 23-Jan-2025Good morning. Welcome to today's Nasdaq market analysis and educational insights for price action traders. #Nasdaq #StockMarket #Trading #Investing #DayTrading #SwingTrading #TechnicalAnalysis #MarketAnalysis #FinancialNews #WallStreet #NasdaqToday #NasdaqAnalysis #NasdaqTrading #StockMarketNews #MarketTrends #InvestmentStrategies #FinancialMarkets #TradingTips #NasdaqForecast #MarketInsights #Nasdaq100 #TechStocks #GrowthStocks #IndexFunds #ETFs #StockMarketAnalysis #TradingStrategies #RiskManagement #InvestorEducation #FinancialLiteracy #EarningsSeason #FederalReserve #EconomicIndicators #MarketVolatility #GlobalMarkets
FPMARKETS:US100
by DrBtgar
GBPUSD InsightHello, subscribers! Great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to hit the boost button and subscribe! Key Points - Christine Lagarde, President of the ECB, hinted at the possibility of a rate pause, stating, “We’ll be watching closely to see if service inflation slows early this year.” - According to the UK Office for National Statistics (ONS), the UK’s public sector net borrowing in December last year surged by 131% year-on-year to £17.8 billion, marking the highest level since the onset of the COVID-19 pandemic in 2020. - President Trump announced additional tariffs on Mexico, Canada, and China starting February 1, creating a cautious market atmosphere amid tariff-related uncertainties. - The Bank of Japan (BoJ) has commenced its monetary policy meeting today, with results set to be announced on the 24th. This Week’s Key Economic Events + January 23: Trump Speech + January 24: Japan Rate Decision GBP/USD Chart Analysis After rebounding from the 1.21000 level, GBP/USD has broken above the 1.23000 level, displaying a bullish trend. Breaking through the nearby resistance suggests a strong potential for further upward movement, with the peak of this rally expected to reach the 1.25000 level. On the other hand, if the pair reverses downward, a decline to the 1.20000 level is anticipated.
Long
by shawntime_academy
USD/CAD 4HR TF AnalysisUSD/CAD 4HR TF Analysis Trend Analysis On the 4-hour timeframe, USD/CAD is consolidating in a range, indicating market indecision. Despite the sideways movement, the larger timeframe still reflects an uptrend. Within this consolidation, the price has formed a bull flag pattern, a potential indication of bullish continuation. Currently, the price is near the minor key support level at 1.43700, which has been tested multiple times. Below this, another key level is at 1.43400, near a liquidity zone. If the price reclaims and breaks above these levels, it could trigger further upside momentum. Price Action Expectation: Wait for the price to break below the 1st minor key support at 1.43700. Observe liquidity formation around the 2nd minor key support at 1.43400. Look for a break above 1.43700, which could confirm a continuation of the uptrend. Trade Setup: Trade Type: Buy Stop Entry: 1.43840 (upon breakout confirmation above 1st minor key support) Stop Loss: 1.43460 (below the liquidity zone to avoid false breakouts) Take Profit: 1.44620 (targeting the next significant resistance level) This setup leverages the confluence of technical patterns, key levels, and market behavior to provide an informed trading decision. Fundamental Outlook: USD News (Unemployment Claims): Expected later today, with the previous forecast at 217K and the latest forecast at 221K. This data release could introduce volatility in USD pairs. CAD News (Retail Sales m/m): Scheduled for later today, with the previous forecast at 0.6% and the latest forecast revised to 0.2%. This weaker-than-expected data may exert downward pressure on the CAD, further supporting a bullish outlook for USD/CAD. Risk Management: Maintain a risk-to-reward ratio of at least 1:2 to maximize potential returns. Position size should align with your account equity and risk tolerance. Be cautious around liquidity zones to avoid premature stop-outs. Trading involves significant risks and may not be suitable for all investors. Ensure your strategies align with your financial goals and risk tolerance.
Long
by RebornFXTrader
S&P ES Long setup target 6129 / Calls SPY target 605Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (6020.50) of my Down Fib. Last Daily candle (Jan 17) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for ES1! to eventually go up to hit first target at Fib level 127.2% (6129.00). CME_MINI:ES1! – Target 1 at 127.2% (6129.00), Target 2 at 161.8% (6206.00) and Target 3 at 178.6 (6243.50) Stop loss slightly below the 61.8% retracement Fib level (5983.00). Option Traders : My SPY AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (605), Target 2 at 161.8% (613) and Target 3 at 178.6 (616) Stop loss slightly below the 61.8% retracement Fib level (592).
CME_MINI:ES1!Long
by rose_excellence
Today analysis for Nasdaq, Oil, and GoldNASDAQ The NASDAQ closed higher on news of President Trump’s plans to expand AI investments. It surged strongly to the upper Bollinger Band on the daily chart, lifting the MACD above the zero line. However, a gap formed due to Netflix's earnings report, and there is a possibility that this gap could be filled during future corrections. While the signal line remains below the zero line on the daily chart, indicating the potential for a pullback, strong buying momentum on the 240-minute chart suggests the NASDAQ could rise further to the 22200–22300 zone. A sell-off might emerge only if the MACD on the 240-minute chart dead crosses the signal line, signaling a shift to a bearish trend. There is also upside potential to 22250, the upper boundary of the weekly chart, so it's wise to keep this level in mind. For now, focus on buying dips, but keep an eye on the transition from an uptrend (positive alignment) to a downtrend (negative alignment) on the short-term charts. If the 240-minute MACD dead crosses, it could signal a correction, so monitor the price movements closely. CRUDE OIL Crude oil closed lower, consolidating in a box range near the $75 level. The large bullish candle from January 10 serves as a key reference point, with the midpoint of that candle acting as a support level. For a rebound on the daily chart, a bullish candle needs to form. Currently, the MACD is closely aligned with the signal line. If the MACD avoids a dead cross and turns upward, there’s a high chance of a third bullish wave. Keep an eye on the upcoming crude oil inventory data to see if it triggers a trend reversal. On the 240-minute chart, the MACD is attempting to cross above the signal line in the oversold zone, showing a potential for a rebound. With prolonged consolidation around $75, a strong upward move could follow any breakout. Avoid chasing shorts, and if the price drops to $74, it could provide a great buying opportunity. GOLD Gold closed higher, breaking above the 2760 resistance level. This breakout opens the possibility of further gains to the upper Bollinger Band on the weekly chart, around 2780. However, the divergence between the MACD and the signal line on the weekly chart makes a further golden cross less likely, meaning a correction could occur in the next week or two. On the daily chart, the bullish trend remains strong, making it advisable to avoid short positions. The 240-minute chart shows a third bullish wave following a golden cross of the MACD, supporting further gains. Ideally, continued strength above 2780 would prevent a divergence from forming on the MACD, which could lead to a sharp decline if unaddressed. For now, use 2760 as support and focus on range-bound trading while monitoring for a potential breakout above key levels. Always be prepared for volatility and manage risk carefully. Positive market momentum is being driven by new government policies and plans, including tariffs, the Stargate Project, and expanded AI infrastructure investments. These developments could act as catalysts for further gains. Stay updated on these issues, and as always, manage your risks carefully. Best of luck with your trading today! ■Trading Strategies for Today NASDAQ - Range-bound Market -Buy: 21920 / 21870 / 21790 / 21720 -Sell: 22035 / 22075 / 22135 / 22230 Crude Oil - Range-bound Market -Buy: 75.10 / 74.70 / 74.30 / 73.60 -Sell: 75.70 / 76.20 / 76.75 / 77.10 Gold - Bullish Market -Buy: 2759 / 2754 / 2748 / 2738 -Sell: 2771 / 2778 / 2783 / 2794 These strategies apply only during pre-market hours. Profit-taking and stop-loss levels are as follows: Nasdaq: 15 points, Oil and Gold: 20 ticks. If you liked this analysis, please follow me and give it a boost!
CME_MINI:NQ1!
by Futureguard
Netflix on the Rise Bullish Breakout in Motion!Trendline Support The price is respecting an ascending trendline, indicating a strong bullish sentiment. Recent candles have bounced off this support line, confirming its reliability. Breakout Confirmation The price has broken above a key horizontal resistance level around $870. This breakout suggests bullish continuation, especially with volume support. Risk-to-Reward Setup A well-defined risk-to-reward ratio is visible. Stop-loss appears to be placed below $853, protecting against a false breakout. Target set around $939 aligns with a significant resistance zone, offering a potential reward. Indicators Positive price momentum is evident, with higher highs and higher lows forming. Likely supported by broader market strength in tech stocks. Next Steps Monitor the price action for sustained movement above $870. A retracement to retest the breakout level could provide a secondary entry. Key resistance to watch: $900 and $939. NFLX is poised for a bullish continuation, with the current setup offering a high-probability trade opportunity.
NASDAQ:NFLXLong
by wolfchemist
1
FOREX Forecast UPDATES! Jan 22, WednesdayIn this video, we will update the forecasts for the following FX markets: USD Index EURUSD GBPUSD AUDUSD NZDUSD CAD, USDCAD CHF, USDCHF JPY, USDJPY The USD Index is now reacting to the Weekly Supply Zone, turning over. There was a bearish MSS, so sells are valid. A BOS would confirm the bearish trend starting, but we need to see how the price action plays out over the next two days. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! 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. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6J1!
by RT_Money
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is below the resistance 199.790, resumption of downtrend is expected. We make sure when the support at 182.782 breaks. If the resistance at 199.790 is broken, the short-term forecast -resumption of downtrend- will be invalid. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected. Take Profits: 196.006 193.510 191.884 189.477 186.231 182.782 178.409 Total Profit: 3204 pip Closed trade(s): 1584 pip Profit Open trade(s): 1620 pip Profit Trade Setup: We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO. Closed Profit: TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit. TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit. TP3 @ 191.884 touched at 2025-01-13 with 480 pip Profit. TP4 @ 189.477 touched at 2025-01-17 with 720 pip Profit. 67 + 317 + 480 + 720 = 1584 pip Open Profit: Profit for one SELL trade is 196.68(open price) - 192.632(current price) = 405 pip 4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620 pip __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
9
CN50 to find buyers at market price?CHN50 - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 12800. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 12900 will confirm the bullish momentum. The measured move target is 13100. We look to Buy at 12800 (stop at 12700) Our profit targets will be 13000 and 13100 Resistance: 12900 / 13000 / 13100 Support: 12850 / 12800 / 12750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:CN50USDLong
by OANDA
I can't believe I'm doing this - Long GME at 27.47I feel icky and dirty doing this because I hate everything about meme stocks. But the truth is, it is the best chart available right now. Everything else that is on sale according to my algo either has a chart that looks like the inside of a dirty diaper, has too little liquidity, or it's in an area I'm already exposed / overexposed to (shipping is on sale across the board). I can't remember a time when so little of any quality has been on sale. It makes me a little worried, actually. I'd have used NYSE:FRO for this idea, but I feel like it's a conflict of interest since I'm already in it (I have been for a while) and I am SOLIDLY in the red on it. That said, if meme stocks aren't your thing and you think oil is gonna rally any time soon, it's currently paying an 11% dividend for you to wait for it to turn around. Tankers are notorious for frequent, large and unexpected dividend cuts, so buyer beware on that. Anyway, back to the meme stock that started it all. It's been on a typically ridiculous bull run, going from 20 to 34 in 2 months for absolutely no good reason. Now, it's pulling back and all the NYSE:GME fanboys are wailing and gnashing their teeth and giving up hope, which is usually a bullish indicator in and of itself for a short term rally. They all start buying puts and then get squeezed out when it turns around. Besides its uptrend, it did respect support from the most recent Dec 3 low and formed a hammer candle, both bullish signs. But in the end it's a meme stock and meme stocks can do just about anything any time. Unless Roaring Kitty dies or gets arrested, a huge nonsensical pop in this one is always possible, too. Historically, my algo has been just as good on this stock as others (728-4 the 4 being in this past week so far), though it doesn't pay off as well as you'd expect, but I just hate it so much that it's hard for me to trade - especially right after a 75% run up. Up until the recent correction/fanboy panic, it had actually been producing really good, fast paying trade signals this year. It's been on my algo's buy list for several days now, and I've bought nothing rather than GME, but the price action today gave me a little hope that the worst MAY be over, short term anyway. Plus it has already pulled back 20% so my patience/resistance is getting me in at a better relative price than most of my buys do. But still...EW. Hopefully I can be out of this with a profit tomorrow and never look back. So as I hang my head in shame, as a matter of professionalism and good conscience, I can't recommend that anyone follow me on this trade. No sense dragging any of you through the muck and mire of the original meme stock. Keep your hands and your conscience clean, my friends...but if you must, be careful. Use protection and take a shower afterward. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:GMELong
by redwingcoach