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(Gold) What does the Bullish Future Hold?What does the bullish future hold for gold in the upcoming months? Will Gold just continue to go higher and higher due to inflation or will Gold have 1 last good pullback before we see Gold taking off 🚀 🚀 🚀... Scenario 1: Gold will continue to push higher and test resistance's and supports while having slight pullbacks throughout its run. OR Scenario 2: Is a good size pullback in the near future for Gold, and when it does have the pullback does happen it will create a new buying opportunity for investors to stake up on gold before it explodes in value. (Either Scenario that happens Gold is still extremely bullish and would recommend all investors/traders to buy physical gold to maintain and grow your wealth against Inflation of the US Dollar...)
TVC:GOLDLong
by Popwwe123
5
BITCOIN can rally to $170K if it repeats 2018-21 historyHere we looked back at the bars pattern from 2018 to the beginning of 2021 and replicated it at April 2022 (the BLUE pattern). We can see a clear similarity in the bars' pattern from April 2022 to January 2023 which makes us believe that the price will repeat history. We are presently in a Concentration Zone where the price is predicted to BREAKOUT bearish at the start of February 2023 and rally as low as 8.5k. The price would then come back bullish and rally as high as 170k and hit new ATH. Bitcoin looks bullish in the long run !!! Let me know if you agree! This is an analysis. Not financial advice.
BITSTAMP:BTCUSDLong
by YanakTrading
BTCUSD and the new wave to 30Kthe king of crypto will start the wave up soon and the target as its in the chart 30K i think BTCUSD finish the down move before the end if this year and even if there is more down will not be lower this 11 to 13K the buy started since the JUN ,the blue area is the end as i expect And that makes me think of two possibilities : The first that we have finished the bearish wave in June The second we are on the verge of the end and we will achieve 22000 and then return to point B the start the up move please let me know what you think about it
BITFINEX:BTCUSDLong
by zoneofbasem
9
Creating MillionairesWell, some would call me crazy. But that's my long term view: TQQQ made 200x since inception in February 2010 until his top in November 2021. Now, in my opinion, we are in the middle of a Bear Market. My expectation is that this Bear Market will last till December 22 until June 23. After that the next Bull market should start. My expectation for the Nasdaq 100 is to trade around 47.500 Points after this 10 Year Bull Market, which would take the TQQQ to around 1000. This would equal a 100x from the Bear Market lows, which I expect around 10. Of course no one can predict the future but I would also be happy with just 50x in 10 Years :D And I really think that this is a possible scenario. So here is my plan: in December 2022 i will start investing all of my money into TQQQ. For the next 5 years i will put everything into TQQQ too. AND finally in 2034 I'm hopefully a multimillionaire. See you guys in 2034 :D (not a financial advise)
NASDAQ:TQQQLong
by DominikS
127
MATIC.USD (SHORT-TERM)Hello friends. How are you today? It's the second analysis that I publish today. Many users asked me to talk about Matic for Short-Term So I decided to talk about that briefly. I use Gann Fan and Ichimoko and the time frame is Weekly. According to the data, the price still respects the Gann Fan's line. It looks nice. Also, I use ichimoko too. Based on Ichimoku the price is below the Tenken-sen and Kijun-sen, the future cloud is still bearish and the Chiko span is below the Candles.we had a negative swsitch between tenkensen and Kijunsen. It means we are still in a bearish trend. and the time shows us about 2-3 weeks later, the price will touch the purple line (1/3) Also, the price action tells us the first support zone could rescue the price against more drops. As a result, I expect that the price will drop to 0.42 USD first and if this support zone could not prevent more dropping, we should see the price in the second support zone. But in the long-term, I expect more dropping, minimum to second support zone. So, we have to be patient and see what will happen… Please don’t forget to write your comments ✍️✍️ Like 👍👍 and Share 👌👌 this Vision with your friends. Have a good day Ho3ein.mnD
MShort
by Sticky-Stock
CHFJPY - Looking For Sell Setups ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. CHFJPY has been overall bearish trading inside the falling broadening wedge pattern in red, and it is currently approaching the upper trendline. Moreover, the zone 164.5 is a resistance zone. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline. As per my trading style: As CHFJPY approaches the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
🧠Short-Term EURUSD Sentiment🔥 According to the latest currency news headlines, short-term sentiment towards the Euro appears slightly downbeat against the US Dollar. While both economies face inflationary headwinds, recent data surprises have painted a relatively weaker picture for the Eurozone bloc. German industrial orders came in lower than forecast in the latest monthly report, underscoring the challenges manufacturers continue to face from high energy costs and supply chain disruptions. Additionally, French GDP growth slowed more than anticipated in Q3, raising concerns that the second largest Eurozone economy may be slowing. Comments from ECB officials at regional central bank conferences this week reiterated the bank's commitment to further tightening of monetary policy in the coming months. However, they maintained a cautious stance, stressing that future rate decisions will depend heavily on incoming economic data. This leaves the policy path somewhat uncertain compared to the more hawkish Fed. In contrast, US jobless claims came in above expectations last week, pointing to underlying resilience in the labor market. This boosted views that the Federal Reserve remains on track to deliver another supersized 75 basis point rate hike at its November meeting. Fed speakers struck a firm tone that inflation must be cooled through forceful rate actions. Looking at Eurusd technicals, downside momentum has held above 1.0300 for now. However, near-term rallies continue facing resistance below 1.0500 on cautious short-term sentiment. The outlook could brighten if upcoming Eurozone data surprises higher or there are signs inflation is moderating more quickly than expected. But for now, traders appear to favor positioning for dollar strength on a short-term basis. Technical key aspects of the short term trend and best entry/exit strategy based on the analysis provided in the TradingView charts: - The short term trend of EURUSD across the timeframes analyzed (weekly to 4H) remains bearish. Price action has been declining within descending resistance lines and channels. - Best entry for short trades was suggested to be after a bounce from resistance levels or pullbacks from oversold/oversold levels on indicators like the BB bands. This reduces risk of entering at highs. - Given volatility in currency pairs, optimal stop loss placement would be above recent swing highs or structural resistance levels, around 20-30 pips above entry to limit downside risk. - Initial profit targets were identified as lower support levels, around 50-100 pips below entry. This provides a favorable risk-reward ratio of at least 1:2. - Additional extended profit targets aligned with longer term analysis include monthly or weekly demand zones and support levels offered by structural patterns like descending channels over 100-200 pips lower. - Traders are advised to exit parts of their position at initial targets and move stops to breakeven on the rest, as well as trail stops closer as the trade moves in their favor, to lock in profits and limit risks of unexpected reversals.
Short
by artotrading
BTC Fundamentals and Long Term predictionsI'm horrible at technical analysis but the fundamentals of bitcoin are something I'm very familiar with. Like rats on a Caribbean Island Bitcoin will experience a hyperbolic s-curve that levels off once it: 1 reaches global forex market saturation (1-10%) 2 approaches 21M limit Along the way global economic events will create massive bubbles as collapsing economies convert fiat into cryto (presumably BTC). As the average price of BTC gets higher, and the collapsing economy's size get biggers, FOMO will make theses bubbles bigger and bigger as well (Red triangles). This is good news though, more opportunity for profit ;D When the S-curve starts to level off we might see something like this elenastreuding.files.wordpress.com or this www.google.com Its gonna be a wild ride to the top and I hope everyone makes some good money; don't forget to take profit! -Goonch Further Reading: medium.com PS - I'm mostly ignoring the first major bubble because of MTGOX shenanigans
BITSTAMP:BTCUSDLong
by The_Goonch
7
NVDA ~ Long-Term Buyers ZoneNvidia ~ A beast of a company & Leader in the Semi-Conductors and Computer industry NVDA Stock has fallen nearly 60% with the recent market downturn. Nvidia has came to levels now attractive to buyers and is finding some Long-Term Support dating back to TrendLines from Years ago & Previous Resistance Zone in the Fall / Winter of 2020/2021. Though Nvidia had some bad news recently which has pushed it further in to this zone, long term outlook from the company has not changed one bit. As the Price of NVDA falls the value behind the stock only increases, with the p/e falling to near 35. Earnings are continuously growing annually, and this company is a monster in Tech. Long Term outlook here is strong, and the Risk/Reward near these levels are optimal for Long-Term investors. If NVDA Breaks Below its current demand Zone which I expect it to consolidate in, we could see a run down to $100 and then Pre-Pandemic Levels. TTM_Squeeze also indicates bearish momentum fading on the stock. Overall, my thesis for NVDA Long-Term (3-5 years) is strong and bullish for new fresh ATHs.
NASDAQ:NVDALong
by ZachSap
1
EURCAD Sell Short Term In this trading analysis, we will provide insights into the prevailing short-term bearish bias for the EUR/CAD currency pair. We will focus on the fundamental factors that contribute to the Canadian Dollar (CAD) strength and the support from rising oil prices. Additionally, considering that an open sell position on this pair is already established, we will assess the potential for further downside movement. Technical Analysis Update: a) Continuation of Downtrend: The EUR/CAD pair has been in a downtrend, forming lower highs and lower lows on the price chart. As the sell position has already been initiated, the technical analysis indicates that the downtrend is likely to continue, given the established bearish momentum. b) Moving Averages: The 50-day and 100-day moving averages are sloping downward, reinforcing the bearish bias. Additionally, the current price remains below these moving averages, which suggests a continuation of the downtrend. c) Resistance Turned Support: Previously established resistance levels may now act as support zones for the EUR/CAD pair. Traders should closely monitor these levels as potential areas for price reversals or profit-taking points. Fundamental Analysis Update: a) Canadian Dollar (CAD) Strength: Strong Economic Indicators: The Canadian economy has shown resilience, with positive economic data such as robust GDP growth, strong employment figures, and a rebound in manufacturing and export sectors. These indicators have boosted confidence in the CAD and attracted investors seeking higher returns. Hawkish Monetary Policy: The Bank of Canada (BoC) has taken a more hawkish stance, signaling potential interest rate hikes to combat surging inflation. Such a policy outlook tends to bolster the CAD's attractiveness to investors. b) Rising Oil Prices: Positive Impact on Canadian Economy: Canada is a major oil exporter, and rising crude oil prices have a significant positive impact on the country's economy. The surge in oil prices can lead to increased export revenue, strengthen the Canadian trade balance, and support the CAD's value. Correlation with CAD Strength: Historically, there has been a positive correlation between oil prices and the Canadian Dollar. As oil prices rise, the CAD tends to appreciate due to Canada's strong economic ties to the energy sector. Conclusion: In conclusion, the trading analysis supports the continuation of the short-term bearish bias for the EUR/CAD currency pair. The technical indicators signal a continuation of the established downtrend, and the fundamental factors, including CAD strength driven by strong economic indicators and hawkish monetary policy, as well as the support from rising oil prices, reinforce the negative outlook for the EUR/CAD. Given the open sell position on the pair, traders should continue to monitor the technical and fundamental developments closely. Adjustments to stop-loss levels and profit-taking points can be considered to manage risk effectively. As always, prudent risk management strategies are crucial in forex trading to mitigate potential losses and maximize gains.
Short
by creamygem
GBPJPY sell short Term GBP/JPY is currently displaying signs of a bearish movement in the short-term. Several technical indicators and fundamental factors suggest that the currency pair may experience a downward trend in the coming days. Traders should exercise caution and consider bearish strategies when positioning in GBP/JPY. Technical Analysis: Bearish Downtrend: The GBP/JPY pair has been forming lower highs and lower lows on the daily chart, indicating a potential bearish trend in the short term. Moving Averages: The 50-day moving average has crossed below the 200-day moving average, forming a bearish signal known as a "death cross." This crossover indicates a possible shift towards bearish sentiment. RSI (Relative Strength Index): The RSI is currently hovering below the 50 level, reflecting weakening bullish momentum and increasing bearish pressure on the pair. MACD (Moving Average Convergence Divergence): The MACD histogram is showing negative values and a declining trend, supporting the bearish view. Fundamental Analysis: Economic Indicators: The recent economic data from the United Kingdom, such as lower-than-expected GDP growth and rising unemployment, have put downward pressure on the British Pound (GBP). Risk Aversion: The Japanese Yen (JPY) has historically been sought as a safe-haven currency during times of market uncertainty. With global geopolitical tensions and economic uncertainties, investors might shift towards the JPY as a safe-haven asset, causing depreciation in GBP/JPY. Interest Rate Divergence: The Bank of England (BoE) has expressed concerns about inflationary pressures and may take a more hawkish stance, which could lead to a widening interest rate differential between the UK and Japan. A wider interest rate gap could lead to a stronger JPY and a weaker GBP. Conclusion: Based on the technical and fundamental analysis, GBP/JPY appears to be favoring a bearish movement in the short term. Traders are advised to consider bearish strategies, such as short positions, while exercising proper risk management techniques. However, as with all trading decisions, it's crucial to stay updated on market developments and be prepared to adjust your strategy if conditions change. Always perform thorough research and analysis before making any trading decisions.
Short
by creamygem
CHFJPY Buy In this trading analysis, we will examine the CHF/JPY currency pair and provide insights into the prevailing short-term uptrend bias. Additionally, we will focus on the fundamental factors that indicate weakness in the Japanese Yen (JPY) and support the appreciation of the Swiss Franc (CHF) against the Yen in the near term. Technical Analysis: a) Short-Term Uptrend Pattern: Upon analyzing recent price action, it is evident that CHF/JPY has been forming higher highs and higher lows, signaling a short-term uptrend pattern. This pattern indicates that buyers have been dominant in driving the currency pair higher over the short run. b) Moving Averages: The 50-day and 100-day moving averages for CHF/JPY are trending upward, confirming the presence of a short-term uptrend. Moreover, the current price is above these moving averages, further reinforcing the bullish bias. c) Relative Strength Index (RSI): The RSI, a momentum oscillator, is currently showing readings above 50, indicating bullish momentum. This supports the short-term uptrend bias for CHF/JPY. d) Support and Resistance Levels: Price action analysis also reveals that CHF/JPY has been consistently finding support at key levels, while overcoming resistance levels with relative ease. This reinforces the strength of the short-term uptrend. Fundamental Analysis: a) Weakening Japanese Yen (JPY): Monetary Policy Divergence: The Bank of Japan (BoJ) has maintained an ultra-loose monetary policy, including negative interest rates and yield curve control, to stimulate the economy and counter deflation. In contrast, major central banks in other countries, including the Swiss National Bank (SNB), have been signaling a potential tightening of monetary policy due to improving economic conditions. This divergence in monetary policy outlooks contributes to JPY weakness. Economic Growth Concerns: Japan's economy has faced headwinds due to demographic challenges, sluggish consumer spending, and subdued inflation. Although there have been some signs of recovery, concerns about the sustainability of economic growth persist. In contrast, Switzerland's economy has shown more resilience, supported by strong exports and a favorable business environment, which enhances the attractiveness of CHF. Safe-Haven Flows Ebbing: The JPY is traditionally considered a safe-haven currency, attracting investors during times of heightened global uncertainty. However, with improving market sentiment and reduced geopolitical tensions, the demand for safe-haven assets like the JPY has diminished, causing the currency to weaken against its counterparts. Conclusion: Based on our technical and fundamental analysis, the CHF/JPY currency pair indicates a short-term uptrend bias. The technical indicators, such as the short-term uptrend pattern, moving averages, and RSI, all support the view that the currency pair is likely to continue its upward movement in the near term. Furthermore, the fundamental factors, such as the weakening JPY due to monetary policy divergence, economic growth concerns, and reduced safe-haven demand, contribute to the appreciation of the CHF against the JPY. Traders should, however, remain cautious and consider implementing appropriate risk management strategies, as market conditions can change rapidly in the forex market.
Long
by creamygem
GBPUSD Sell Short term In this trading analysis, we will examine the GBP/USD currency pair and provide insights into the prevailing downtrend bias. Our analysis will encompass technical and fundamental factors to support our view that the British Pound (GBP) is likely to continue depreciating against the US Dollar (USD) in the near term. Technical Analysis: a) Downtrend Pattern: Upon reviewing the historical price action, it is evident that GBP/USD has been forming lower highs and lower lows, indicating a clear downtrend pattern. This pattern suggests that sellers have been in control, pushing the currency pair lower over time. b) Moving Averages: The 50-day and 200-day moving averages for GBP/USD are sloping downward, confirming the presence of a downtrend. Additionally, the current price is below both these moving averages, reinforcing the bearish bias. c) Relative Strength Index (RSI): The RSI, a momentum oscillator, measures the speed and change of price movements. A reading below 50 on the RSI indicates bearish momentum. In the context of the GBP/USD pair, the RSI has consistently remained below 50, further supporting the downtrend bias. d) Fibonacci Retracement: When applying Fibonacci retracement levels from recent highs to lows, we notice that GBP/USD has failed to breach key resistance levels, further validating the downtrend. Fundamental Analysis: a) Economic Indicators: The UK economy has been facing several challenges, including uncertainties surrounding Brexit, slowing economic growth, and geopolitical concerns. On the other hand, the US economy has exhibited more resilience with robust employment figures, improved consumer spending, and a relatively hawkish monetary policy stance by the Federal Reserve. These fundamental factors favor the strength of the USD against the GBP. b) Interest Rate Divergence: Interest rate differentials play a significant role in currency movements. The Bank of England (BoE) has been cautious in raising interest rates due to the uncertain economic conditions, while the Federal Reserve has been on a path of gradual rate increases. This interest rate divergence supports the USD's strength against the GBP. c) Risk Aversion: In times of uncertainty and risk aversion, the USD tends to attract safe-haven flows, which could exacerbate the downtrend in GBP/USD. Geopolitical tensions, economic challenges, or global market volatility may trigger such risk-off sentiment, putting additional downward pressure on the British Pound. Conclusion: Based on our technical and fundamental analysis, the GBP/USD currency pair presents a compelling downtrend bias. The technical indicators, such as the downtrend pattern, moving averages, and RSI, support the notion of further downward movement. Moreover, the fundamental factors, including economic indicators, interest rate differentials, and risk aversion, indicate that the US Dollar is likely to outperform the British Pound in the near term. As with any trading analysis, it is essential to exercise caution and consider risk management strategies before making any trading decisions.
Short
by creamygem