EURUSD - IMPULSE CORRECTION IMPULSE 🚨EURUSD has been in a complex correction for several days. Looking for price to complete its retracement to 61.8 - 78.6 fibonacci levels where we'll be looking for buying opportunity.
LONG Setup:
- Watch for a reversal pattern around fiboacci levels.
- Stoploss: Below Price after entry or below recent lows ( safer ).
- Target: Recent highs and -27 fib
Good Luck and trade safe.
Tradinganalysis
DOA trading Strategy - SPX, SPY, US500Sorry I haven't posted in awhile, here's a quick analysis on SPY.
As mentioned from the last SPY analysis back in October 27, 2022 that we're still correcting in the market.
Now here's an update after finishing that correction in the market.
(#SPY) - Update, we're finally finishing this nice retest on SPY after breaking the downtrend.
We can drop more to $395 area but and if we hold there expect SPY to hit $427 next.
🎂💹 CAKE Trading Strategy - Laddering Within Support Zone! 🚀📊🔍 Strategy Overview:
Condition: Testing the $3.00 - $3.15 support area.
Entry Criteria: Ladder entry within the support zone.
Targets: Aim for the next resistance levels at $3.45 or $3.65 - $3.80.
Risk Management: Set stop-loss just below $2.80.
📢 Analysis: Utilizing laddering within a strong support zone provides flexibility. Keep an eye on market dynamics and adapt as needed. 🌐🚀
#CAKE #CryptoTrading #RiskManagement 💰📈
EURNZD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY .
! Great BUY opportunity EURNZD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Share Your Analysis🎉🎉Hello Traders, today I do not have an analysis for you.
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Share your setups/trades in the comments:
Below this post you can simply share you current setups/trades and I will personally take a look at every single setup and share my analysis and opinion. I will then also share a new image containing my breakdown of your asset. You can literally share any asset (stock, crypto, index, forex etc.).
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Keep your long term vision.
📺 Disney (DIS) - Streaming Profits and Theatrical Releases! 🎥📊 Technical Overview:
NYSE:DIS : Disney, a legacy media and entertainment company.
Key Levels: $84.00, $85.00, $124.00, $126.00.
📈 Trade Analysis:
Streaming Business: Disney's efforts to turn its streaming business profitable.
Cost Savings: Annualized cost savings, especially in streaming.
Theatrical Releases: Several theatrical releases from iconic franchises.
Bullish Sentiment: Positive outlook on Disney's streaming and entertainment business.
🚀 Trade Strategy:
Entry: Above $84.00-$85.00 range.
Upside Target: $124.00-$126.00.
Profitable Streaming: Anticipation of profitability in Disney's streaming business.
📉📈 Note: Monitor Disney's streaming revenue and upcoming releases for trade decisions. 🔄💹 #Disney #TradeAnalysis #StockMarket 📊🚀
📈 FTM - Testing Range Resistance for Potential Breakout! 🚀
🔄📈 FTM (Fantom) Trade Analysis - Testing Range Resistance for Potential Breakout! 💹🚀
📊 Technical Overview:
FTM (Fantom): Testing top of the range resistance at $0.4025.
Scenario 1 (Breakout): Potential entry if it breaks and converts $0.4025 into support.
Scenario 2 (Retrace): Entry if it retraces and retests around $0.3750.
Stop Loss: Scenario-specific stop losses.
Take Profit: Next resistance levels at $0.45 - $0.48 and $0.55 - $0.60.
📈 Trade Strategy:
Scenario 1: Entry after breakout confirmation.
Scenario 2: Entry on retracement and retest.
Risk Management: Tailored stop losses for each scenario.
Take Profit: Targeting next resistance levels.
🚨 Note: Market conditions and Bitcoin movements may influence FTM. Trade cautiously! 🔄🚀 #FTM #TradeAnalysis #Cryptocurrency 📊💹
🚀🔬 RNDR Analysis - Testing Heights! 📈💡📈 Technical Overview:
RNDR: Testing the top of the range support level at $4.40.
Potential opportunity for a long trade.
Consider taking profits at $5.00 - $5.30 and then at $6.00 - $6.50.
Place the stop loss just below the lower support level, around $4.18.
📊 Trade Strategy:
Trade Opportunity: Long trade.
Profit Targets: $5.00 - $5.30, $6.00 - $6.50.
Stop Loss: Below the lower support level, approximately at $4.18.
🚨 Note: Market dynamics may influence outcomes.
Scaling heights! 🚀📈 #RNDR #TradeAnalysis 🌐✨
⚖️💹 AVAX Trading Strategy 🌐📊📊 Current Market Status:
AVAX consolidating in the $34.00 - $36.20 area of support.
📈 Chart Analysis:
Oversold on the 8-hour chart.
🔄 Trading Strategy:
Spot Long Trade: Initiate a spot long trade in the oversold support area.
Take-Profit Areas: $40.00 - $42.50 and then $50.00 - $53.00.
Stop-Loss: Set just below $30.00.
📣 Conclusion:
Utilize oversold conditions for a potential rebound.
Set take-profit areas and manage risk with a defined stop-loss.
Trade wisely! 📈💡 #AVAX #TradingStrategy #CryptoMarket 🌐📊
GOLD DAILY CHART MID TERM PROJECTIONHey Everyone,
Please see update on our daily chart idea, which is playing out and respecting the channel dynamics.
Last week we stated we were seeing price head towards 2043 and will need to see a break above this level with ema5 to open test for the range above or a failure to close above this level will see price retrace back down to complete the channel bottom test.
We are still seeing price sit between the range, as price failed to test and break above 2043 and therefore now testing close to the channel bottom, as suggested last week.
We will use our smaller timeframe analysis and trading plans to navigate the range in true level to level fashion.
Our long term bias is Bullish and therefore we will continue to use our smaller timeframes to buy dips using our algo generated levels and setups.
Buying dips allows us to safely manage any swings rather then chasing the bull from the top
Please don't forget to like, comment and follow to support us, we really appreciate it!
MR GOLD
XAUUSD TOP AUTHOR
GoldViewFX - Gold long term projection and plan.Hey Everyone,
This is our monthly chart long term projection chart. We have been tracking this chart since July, which we saw completed hitting all our targets perfectly with a perfect finish on the channel top.
We the tracked the rejection from the channel top into the monthly chart detachment highlighted by the circle with room still left at 1987 for a test, also inline with the channel half line. - THIS PLAYED OUT BEAUTIFULLY!
We then suggested that we will see a reaction on this channel half line for another push up to retest the upper range again. - Once again this played out accordingly for the push up hitting our Bullish targets once again.
However, the 2080 target was left short just by a few pips so can be considered still open.
Trying to chase the right target is like chasing your tail. The best strategy to trade this, is by having a long term plan. We will continue to buy dips using our smaller timeframes and use the support ranges on this chart to plan our long term exposure to market.
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
DXY Daily
Technical analysis on DXY daily chart reveals several key points:
Positive Reaction at 100 Support Zone:
The price has shown a positive response at the strong support zone of 100, continuously rising throughout the past week.
Breaking the downtrend structure at 102.25 signals the strength of buying pressure.
Expected Correction and Continued Upside:
Anticipate a price correction towards the 101 level before resuming the upward journey towards 103.
However, it's crucial to note that on the daily timeframe, further observation is needed to confirm higher lows before making trading decisions.
Anticipated Week's Volatility:
Foresee potential oscillations and the formation of a sideways pattern (SW) at the beginning of the week.
Market volatility may intensify, especially with the release of CPI data on Thursday.
Monitoring Market Signals:
Watch the market's reaction post the CPI announcement for crucial insights into the next move for DXY.
Exercise caution and refrain from establishing specific trading plans solely based on the daily timeframe, emphasizing careful observation to confirm trends.
GbpUsd formed a Wedge pattern(Rising Wedge)Looking for Impulse Down.
GbpUsd moving down soon.It is on retracement now. You should look for entry on lower Time Frame. GU formed a bearish rising wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
USDJPY Under More PressureHi Traders!
USDJPY is under more pressure as we head into the final trading days of the year.
Here are the details:
The price action here on the 4H chart is extremely bearish. The 20 EMA has been broken, the market swings are getting lower and lower without any bullish pullbacks suggests that there are hardly any bulls in the market at this current time.
We anticipate that the market will soon break below the 140 psychological level.
Preferred Direction: Sell
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
YNDX Stock: Unveiling Bullish Secrets Amidst Restructuring DelayProfessional Technical Analysis for YNDX Stock : Navigating Bullish Momentum Amidst Restructuring News
Introduction:
The recent restructuring announcement by Yandex, the tech giant, has triggered speculation and rumors, introducing an intriguing dynamic to the YNDX stock landscape. This professional technical analysis aims to decipher the implications of the delayed restructuring deal and assess the emerging bullish momentum.
Market News and Restructuring Delay:
The article on Investing.com ( www.investing.com ) provides insights into the anticipated delay of Yandex's restructuring deal until early 2024. This development has sparked market speculation and fueled rumors, adding an element of uncertainty to YNDX stock.
Technical Analysis - Bullish Momentum:
Post the restructuring delay announcement on the 25th, a surge of bullish momentum has been detected on the weekly timeframe for YNDX stock. A breakout candle has emerged, signaling a potential continuation of an ascending triangle pattern towards the 3110.6 mark. This pattern suggests a positive outlook, and traders are advised to monitor the developments closely.
Key Price Levels to Watch:
Take Profit at $2497.0 : The initial target for profit-taking aligns with the ascending triangle's breakout, presenting an opportunity for traders to capitalize on the bullish momentum.
Take Profit at $2613.8 : As the momentum builds, the second profit-taking level serves as a strategic point to secure gains, anticipating further upward movement in YNDX stock.
Take Profit at $2733.4 : The third and final profit-taking level represents a calculated exit point, considering the evolving market dynamics and the ascending triangle pattern's potential continuation.
Conclusion:
In conclusion, the delay in Yandex's restructuring deal has introduced an element of uncertainty, sparking rumors and speculation in the market. The subsequent surge in bullish momentum, particularly evident on the weekly timeframe, paints a positive picture for YNDX stock. Traders are advised to exercise caution and closely monitor the ascending triangle pattern's development, with the identified profit-taking levels serving as strategic guides in navigating this dynamic market landscape.
GOLD ROUTE MAP & TRADING PLAN - UPDATEHey Everyone,
A piptastic day on the charts for us with our chart idea playing out as analysed hitting our bullish targets confirmed with the break of the weighted levels, allowing plenty of time to get in for the setups.
2012 lock opened 2022 and 2034 and then 2034 lock opened 2045, which were all hit perfectly!!!!
We are now seeing a rejection at 2045 weighted level and will need ema5 to lock above 2045 to confirm and open the range above or we will see a retest back to weighted support levels below..
As stated throughout, our updated levels and weighted levels will allow us to track the movement down and then catch the bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we share every week for the past 18 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGETS
2012 - DONE
EMA5 CROSS AND LOCK ABOVE 2012 WILL OPEN THE FOLLOWING BULLISH TARGET
2022 - DONE
2034 - DONE'
2045 - DONE
BEARISH TARGETS
1990 - DONE
EMA5 CROSS AND LOCK BELOW 1990 WILL OPEN THE SWING RANGE
1978 - DONE
SWING RANGE -
1978 -1965
1978 - DONE
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Please don't forget to like, comment and follow to support us, we really appreciate it!
GoldViewFX
XAUUSD TOP AUTHOR
S&P 500 INDEX MACRO ANALYSIS, IMPORTANT ZONE I'm still sticking to my 4200-4220 zone for something more serious. You can always run into a scalp like I tried yesterday, but none of that is a serious zone.
Every time I repeat, I enter where there are more confirmations for a higher probability
You can see 100 WMA, 50WMA, 200DMA + Fibonacci 0.382.
If this zone is broken, I don't believe I will be bullish anymore.
AUDNZD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity AUDNZD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
NZDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Bitcoin analysis in the next hoursIn the next few hours, the market is in a phase of uncertainty that could lead to a period of ranging, which is when prices fluctuate within a specific range without following a clear trend. This scenario is quite common on weekend days, when trading volumes tend to be lower due to the closure of many financial institutions. However, it is important to note that during these periods, the market may react unpredictably, especially if "whales", i.e. large investors or traders, decide to take action.
There is an expectation that significant movements could occur on Sunday, just before the markets open. But as traders, we must remain cautious and wait for clear signals before making decisions. One of these signals could be the breaking of an upper resistance. If prices manage to overcome this level, it could be an indicator to consider long positions, i.e. aim for prices to rise.
On the other hand, if we see a high volume move down towards the previous lows, we may start to consider bringing attention to possible short position openings. However, it is important to emphasize that we should be patient and wait for further confirmation before taking action.
A key element to consider is the New York markets opening on Mondays. Often, this trading session can lead to significant movements in prices and volumes. The direction in which the weekly candle closes could have a significant impact on trading decisions and the overall direction of the market.
DXY UPDATEIn my last analysis below I said that I would not short DXY yet, only if it is around 106 , now I give a higher probability that DXY will try 108. WHY?
Everyone sees that this movement is nearing its end, some have already lost money because they were short before , after that - deviation, then downward movement.
When that happens, I think it will reach the last relief of this year with SPX, GOLD, BTC, and other assets.