PSO outlookAs the previous market data is concerned the data for PSO shows us a fall in the price of share i am watching ptice to fall to its weekly support level and the price gauge to 155.68 level of support , as well as the trend is concerned stock is in a bearish trend from weekly to daily to H4 to H1 there is some resistance to bearish trend over H4 TF but main trend is breaish price is also forming a Continuation pattern to the bearish trend i am bearish over next week to 155.88 level of support
Supportandresistancezones
GbpJpyGJ will fall to its weekly support level as Japanese yen has got back its power last week and is trying push British pound to its lower levels so we will be seeing a downward move in the pair and we have sold it to our support level trader may see a pull back over to its Previous support became resistance level and then a fall to its weekly support
Thanx
Buy NZD/JPY Bullish ChannelThe NZD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 90.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 91.49
2nd Support – 91.92
Stop-Loss: To manage risk, place a stop-loss order below 90.35. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
MU: Trading Around a Critical Resistance Level!Since MU broke through its reversal point at $91.47, the stock has entered bullish territory, and has now reached our technical target at $111, which was set in our last public analysis on September 18, when the price was around $88 (link below this post).
Now that the technical has materialized exactly as expected, according to the evidence we had at the time, we can update our reading.
Daily Chart (Left):
Resistance at $111: The price has reached its resistance at $111, however, it needs to close above it to confirm a true breakout. If a top signal materializes below this area, then a pullback might occur.
Support at $96.18: Should a pullback occur, the $96.18 level, aligned with the 21-day EMA, can provide support. The price is comfortably trading above this area, which reinforces the bullish momentum.
Gap Resistance at $127.24: If the bullish momentum continues, the next major level to watch is the gap resistance at $127.24. Closing this gap could provide a significant boost for the stock, as it will have cleared a major technical barrier.
Weekly Chart (Right):
Double Bottom Pattern: A clear double bottom is forming around the $85 level, which typically indicates a potential reversal pattern. The price broke through the neckline at $111, but it needs to close above it to confirm this pattern.
Projected Target at $157.54: Based on the double bottom pattern, the potential target is around $157.54. This key point is the next technical resistance.
Conclusion:
MU is in a bullish phase, trying to break through the $111 resistance. With the double bottom pattern in play, the stock has room to test the $127.24 gap resistance and potentially extend toward the $157.54 target. However, should watch for possible top signals, as this could bring a pullback to the $96.18 support area, which may offer buying opportunities if the trend remains intact.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Buy XAUUSD (Gold) Bullish FlagThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2660, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2681
2nd Support – 2696
Stop-Loss: To manage risk, place a stop-loss order below 2648. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
TSLA: Insanely Bullish - Next Key Points to Watch.In our last TSLA analysis we warned about resistance at $233 and that a breakout would take us to the next target at $245 to close the gap. Now, two weeks later, our target has not only been reached, but broken.
So I'll update you on the next key points to keep an eye on. Our last public TSLA study was done two weeks ago here on TradingView, and the link to it is below this post.
Daily Chart (Left):
Resistance at $265.13: The price is climbing toward the resistance at $265.13, which is a significant level as it marks the high from July. The price recently broke above $245.63, indicating strong upward momentum and clearing a key resistance level. Now, this previously broken resistance could act as a support.
Support at $233.09: The $233.09 level has held as a key support after the breakout in Sep 19, and the price has trended higher since bouncing off this level.
Trendline Support: The ascending purple trendline provides dynamic support, and the price has consistently respected it during this upward move. A break below this line could signal a potential change in trend, but for now, the trend is bullish.
Weekly Chart (Right):
Bullish Continuation: On the weekly chart, the price continues to show a strong bullish trend as it climbs higher after bouncing off key support at around $180. The recent price action suggests the potential for testing the $265.13 resistance.
Momentum: The 21-week EMA (blue line) continues to provide support, reinforcing the uptrend. This moving average has been well respected in the past, and the price staying above it is a positive sign for bulls.
Conclusion:
Tesla’s price action looks strong as it approaches a critical resistance at $265.13. If the price breaks and holds above this level, it could open the door for further gains. However, traders should monitor the $245.63 level, as it now acts as a support zone, while the purple trendline continues to offer a guide for the uptrend.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
SPX Key $ Levels | 70%+ Accuracy! | WednesdayNew price targets for Sep 25 using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- Today's Targets
Overall we use stats and data pulled from a wide array of TradingView indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
ONDO BREAKOUT Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout.
The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances and the trend is flipping bullish.
Bullish targets would be:
- Local high (LTF) $0.808
- Daily resistance (1D) $0.901
- Key S/R level (1D) $1.048
- ATH $1.50
Stop Loss:
- Local low (downtrend continuation) $0.58
ONDO being one of the standout RWA projects has a great R:R here for the next 6-12 months. Definitely a coin worth keeping an eye on.
SPX Key $ Levels | 70%+ Accuracy!New price targets for Sep 24 using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- Today's Targets
Overall we use stats and data pulled from a wide array of TradingView indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
Sell GBPCHF Channel BreakoutThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1304, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1220
2nd Support – 1.1188
Stop-Loss: To manage risk, place a stop-loss order above 1.1350. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Sell EUR/AUD Bearish ChannelThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.6370, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.6300
2nd Support – 1.6260
Stop-Loss: To manage risk, place a stop-loss order above 1.6400. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade idea - NZJPY Short4H
Bearish impulse / break of last HL: indication.
Head & Shoulders pattern: confirmation.
Clear support & resistance zone is there.
From 1H perspective: Corrective approach towards entry zone + -27 Fibonacci completion aligning with entry zone.
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
Dollar Index SellAs dollar index had expierenced waterfall during new on US session and it has stopped over its weekly support and is also forming a falling wedge pattern which is a Bearish Continuation pattern now and it has also completed ABCD waves and going to complete its last E wave if everything goes inline after E Waves it will break down its weekly to daily Support and will start falling again after a reset market sentiment is also indicating that DXY will continue falling also the confluence is price is trading in down trend on daily to H4 to H1 TF and bullish in weekly and monthly TF according to my anylisis DXY will keep falling till its weekly base acting as support on 98.00
Gold Outlook Today we have experienced a new over purchase manager index PMI which has shown pretty much data that was the reason gold has moved up and USD has dropped now as the news is over and price is forming a resistance over 2630 physiological level also price is consolidating between 2615 to 2630 level which probably be making a flag pattern which is a bullish continuation pattern now we will wait for break above 2630 and break below 2615 then we will act accordingly
Thanks
“Cryptocurrencies on the Move”The U.S. Securities and Exchange Commission has approved the listing and trading of options for BlackRock's IBIT. Bitcoin options trading on IBIT is expected to comply with BlackRock's standards. Following this development, the rise in cryptocurrencies has accelerated, with Bitcoin maintaining its push towards the 65,000 level.
Tecnically, if it surpasses the 65,000 resistance level, the 68,500 and then 71,675 resistance levels could be tested. On the downside, if Bitcoin breaks below the 63,300 level, a further decline toward the 60,000 and then 57,330 support levels could occur.