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AMZN: Technical & Fundamental AnalysisTechnical Analysis: Trend & Moving Averages : The stock recently moved above the 50-day SMA but is currently below the 200-day SMA, suggesting that it's in a consolidation phase. The 200-day SMA is a critical level to watch. A sustained move above it might signal a longer-term bullish trend. Fibonacci Retracements : The price seems to be hovering around the 0.382 retracement level, which has been a resistance area in the past. A breakout above this could target the 0.5 and then the 0.618 levels. MACD : The MACD is currently below the zero line and is showing a bearish crossover, indicating possible bearish momentum in the short term. RSI : RSI is slightly above 40, not indicating overbought or oversold conditions. Stochastic Oscillator : The stochastic is moving upwards, approaching overbought territory (above 80), suggesting potential bullish momentum in the short term. Bollinger Bands : The stock price is in the lower half of the Bollinger Band range, indicating a potential for a price rise. Fundamental Analysis: Valuation: The price to earnings ratio (P/E) stands at 105.23, which is relatively high compared to historical standards, suggesting that the stock might be overvalued. Growth & Profitability: The company seems to have seen a dip in its recent performance, with decreasing margins. Revenue Breakdown: Amazon earns a significant portion of its revenues from online stores and third-party seller services, showing its dominance in e-commerce. Estimates: The earnings estimate for the recent year seems to be lower than the actual, potentially indicating better-than-expected performance. Dividends: Amazon does not pay dividends, which means they might be reinvesting all their profits back into the company for growth. Financial Health: Debt levels have been steady, indicating that the company is not heavily leveraging its growth. Overall Trading Recommendation and Conclusion: Short-term Outlook: The recent move above the 50-day SMA and the rising stochastic suggest potential bullish momentum. The next resistance to watch is the 200-day SMA. Medium-term Outlook: While the stock shows signs of consolidation, the bearish MACD crossover might indicate potential downward momentum. The 0.5 Fibonacci level can act as a key resistance, while the 0.382 level is a crucial support. Fundamental View: The high P/E ratio might be a concern for some investors looking for value. However, the solid revenue breakdown and stable debt levels highlight the company's strong fundamentals. The lack of dividends indicates a growth-focused approach. Considering both technical and fundamental aspects, traders should be cautious with their positions, setting appropriate stop losses and taking profits at key resistance levels. Always ensure to do thorough research and possibly consult with a financial advisor before making trading decisions.
NASDAQ:AMZNLong
by JS_TechTrading
1
BTCUSD: Technical Analysis & AdvicePrice and Moving Averages: The BTC price is below both the 50-day (blue line) and 200-day (purple line) moving averages. This is generally a bearish indication. A "death cross" has formed, which is when the 50-day moving average crosses below the 200-day moving average. Historically, this is seen as a bearish signal. Bollinger Bands: The price is trading near the lower Bollinger Band , suggesting BTC might be nearing an oversold condition. This could indicate a potential bounce or at least some consolidation in the near future. Volume: Trading volumes seem relatively consistent without any major spikes, indicating no significant buying or selling pressure recently. RSI (Relative Strength Index): The RSI is hovering around the 50 mark, suggesting a neutral momentum. It's neither in an overbought nor an oversold state. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line and both are below zero — a bearish indication. This suggests that the current momentum is bearish. Stochastic Oscillator: The Stochastic is above the 20-level and seems to be pointing upwards, suggesting some potential bullish momentum in the short term. Fibonacci Retracements: The price seems to be interacting with the area between the 0.236 and 0.382 Fibonacci retracement levels. This zone can act as a potential resistance. The next significant resistance might be around the 0.5 Fibonacci level. On the downside, if the price breaks lower, the 0.618 Fibonacci retracement level (often referred to as the "Golden Ratio") might act as a key support zone. If the price manages to breach this level, further supports might be found at the 0.786 and 0.886 retracement levels. Overall Trading Recommendation and Conclusion: Short-term Outlook: Given the proximity to the lower Bollinger Band and the Stochastic pointing upwards, there might be a potential for a short-term relief rally or consolidation. Traders should keep an eye on the 0.382 Fibonacci level as a potential resistance in such a scenario. Medium-term Outlook: The broader trend, highlighted by the death cross and the MACD below the zero line, seems to lean bearish. The 0.5 and 0.618 Fibonacci levels can be crucial points of resistance in any upward movement, while the 0.618 level, in particular, would be a key support to watch if the price continues to decline. Risk Management: It's essential to set stop losses based on one's risk tolerance and to adjust positions based on how the market responds to these key levels. Do remember that while technical analysis provides tools for making educated decisions, the crypto market's inherent volatility means there are no guarantees. Always ensure to do thorough research, consider multiple analyses, and possibly consult with a financial advisor before making any trading decisions.
BITSTAMP:BTCUSDLong
by JS_TechTrading
Striking Gold with long-Term TradesIn this trading idea, we'll explore a potentially profitable strategy for buying gold by utilizing a combination of technical analysis tools. We'll focus on key factors such as critical support levels, Fibonacci retracement levels, order blocks, and trend reversals. Support Levels: We'll closely monitor important support levels on the gold chart. These levels often act as significant barriers for price movement. A break below these levels can indicate a potential trend reversal or a strong bearish sentiment. Fibonacci Levels: Fibonacci retracement levels are essential for identifying potential reversal zones. We'll use Fibonacci analysis to pinpoint key levels where price may encounter resistance or support, offering valuable entry and exit points. Order Blocks: Understanding order blocks is crucial for spotting areas where significant buying or selling activity has occurred. We'll identify these zones to anticipate potential reversals or trend continuations. Trend Reversal: Recognizing signs of a trend reversal is vital for shorting gold effectively. We'll analyze various technical indicators and chart patterns to identify potential shifts in the trend direction. By combining these elements in our analysis, we aim to provide you with a comprehensive trading strategy for buying gold that maximizes profit potential while minimizing risk. Keep a close eye on these factors and stay prepared for potential market moves. Remember to perform your due diligence and risk management before executing any trades.
FXOPEN:XAUUSDLong
by KarolinaKanova
TOP 20 Key Patterns [cheat sheet]Hi guys, This is @CRYPTOMOJO_TA One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Here are some Educational Chart Patterns that you should know in 2022. I hope you will find this information educational & informative. >Head and Shoulders Pattern A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is the highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. >Inverse Head and Shoulders Pattern An inverse head and shoulders are similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the neckline. >Double Top (M) Pattern A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs. >Double Bottom (W) Pattern The double bottom looks like the letter "W". The twice-touched low is considered a support level. The advance of the first bottom should be a drop of 10% to 20%, then the second bottom should form within 3% to 4% of the previous low, and volume on the ensuing advance should increase. The double bottom pattern always follows a major or minor downtrend in particular security and signals the reversal and the beginning of a potential uptrend. >Tripple Top Pattern A triple top is formed by three peaks moving into the same area, with pullbacks in between. A triple top is considered complete, indicating a further price slide, once the price moves below pattern support. A trader exits longs or enters shorts when the triple top completes. If trading the pattern, a stop loss can be placed above the resistance (peaks). The estimated downside target for the pattern is the height of the pattern subtracted from the breakout point. >Triple Bottom Pattern A triple bottom is a visual pattern that shows the buyers (bulls) taking control of the price action from the sellers (bears). A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance. The formation of the triple bottom is seen as an opportunity to enter a bullish position. >Falling Wedge Pattern When a security's price has been falling over time, a wedge pattern can occur just as the trend makes its final downward move. The trend lines drawn above the highs and below the lows on the price chart pattern can converge as the price slide loses momentum and buyers step in to slow the rate of decline. Before the lines converge, the price may breakout above the upper trend line. When the price breaks the upper trend line the security is expected to reverse and trend higher. Traders identifying bullish reversal signals would want to look for trades that benefit from the security’s rise in price. >Rising Wedge Pattern This usually occurs when a security’s price has been rising over time, but it can also occur in the midst of a downward trend as well. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal. While price can be out of either trend line, wedge patterns have a tendency to break in the opposite direction from the trend lines. Therefore, rising wedge patterns indicate the more likely potential of falling prices after a breakout of the lower trend line. Traders can make bearish trades after the breakout by selling the security short or using derivatives such as futures or options, depending on the security being charted. These trades would seek to profit from the potential that prices will fall. >Flag Pattern A flag pattern, in technical analysis, is a price chart characterized by a sharp countertrend (the flag) succeeding a short-lived trend (the flag pole). Flag patterns are accompanied by representative volume indicators as well as price action. Flag patterns signify trend reversals or breakouts after a period of consolidation. >Pennant Pattern Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis. It's important to look at the volume in a pennant—the period of consolidation should have a lower volume and the breakouts should occur on a higher volume. Most traders use pennants in conjunction with other forms of technical analysis that act as confirmation. >Cup and Handle Pattern A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle are considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. >What is a Bullish Flag Pattern When the prices are in an uptrend a bullish flag pattern shows a slow consolidation lower after an aggressive uptrend. This indicates that there is more buying pressure moving the prices up than down and indicates that the momentum will continue in an uptrend. Traders wait for the price to break above the resistance of the consolidation after this pattern is formed to enter the market. >What is the Bearish Flag Pattern When the prices are in the downtrend a bearish flag pattern shows a slow consolidation higher after an aggressive downtrend. This indicates that there is more selling pressure moving the prices down rather than up and indicates that the momentum will continue in a downtrend. Traders wait for the price to break below the support of the consolidation after this pattern is formed to enter in the short position. > Channel A channel chart pattern is characterized as the addition of two parallel lines which act as the zones of support and resistance. The upper trend line or the resistance connects a series of highs. The lower trend line or the support connects a series of lows. Below is the formation of the channel chart pattern: >Megaphone pattern The megaphone pattern is a chart pattern. It’s a rough illustration of a price pattern that occurs with regularity in the stock market. Like any chart pattern, there are certain market conditions that tend to follow the formation of the megaphone pattern. The megaphone pattern is characterized by a series of higher highs and lower lows, which is a marked expansion in volatility: >What is a ‘diamond’ pattern? A bearish diamond formation or diamond top is a technical analysis pattern that can be used to detect a reversal following an uptrend; the however bullish diamond pattern or diamond bottom is used to detect a reversal following a downtrend. This pattern occurs when a strong up-trending price shows a flattening sideways movement over a prolonged period of time that forms a diamond shape. Detecting reversals is one of the most profitable trading opportunities for technical traders. A successful trader combines these techniques with other technical indicators and other forms of technical analysis to maximize their odds of success. Technicians using charts search for archetypal price chart patterns, such as the well-known head and shoulders or double top /bottom reversal patterns, study technical indicators, and moving averages and look for forms such as lines of support, resistance, channels and more obscure formations such as flags, pennants, balance days and cup and handle patterns. Technical analysts also widely use market indicators of many sorts, some of which are mathematical transformations of price, often including up and down the volume, advance/decline data and other inputs. These indicators are used to help assess whether an asset is trending, and if it is, the probability of its direction and of continuation. Technicians also look for relationships between price/ volume indices and market indicators. Examples include the moving average, relative strength index and MACD. Other avenues of study include correlations between changes in Options (implied volatility ) and put/call ratios with a price. Also important are sentiment indicators such as Put/Call ratios, bull/bear ratios, short interest, Implied Volatility, etc. There are many techniques in technical analysis. Adherents of different techniques (for example Candlestick analysis, the oldest form of technical analysis developed by a Japanese grain trader; Harmonics; Dow theory; and Elliott wave theory) may ignore the other approaches, yet many traders combine elements from more than one technique. Some technical analysts use subjective judgment to decide which pattern(s) a particular instrument reflects at a given time and what the interpretation of that pattern should be. Others employ a strictly mechanical or systematic approach to pattern identification and interpretation. Contrasting with technical analysis is fundamental analysis, the study of economic factors that influence the way investors price financial markets. Technical analysis holds that prices already reflect all the underlying fundamental factors. Uncovering the trends is what technical indicators are designed to do, although neither technical nor fundamental indicators are perfect. Some traders use technical or fundamental analysis exclusively, while others use both types to make trading decisions. Trade with care. If you like our content, please feel free to support our page with a like, comment
Education
by CRYPTOMOJO_TA
89
Xauusd - 15Min Analysis Counter trend trade : Slight correction expected after a beautiful drop in Gold yesterday, Possible to hit the previous lowest low on the daily or 4Hr timeframe (marked with a simple line for possible rejection) or price could easily break the current lower low (might occur just before 14:30 sast - news - normally 30 min before news) This is Biased in my belief that a small correction occurs after a big drop or rally This correctional move setup is for a temporary buy - very risky - hoping to make some cents, awaiting my next trend trade sell setup around the same area expected to reject price (previous daily lowest low or the previous 15 min OB before the drop - there’s two I see so the closest to current price. NB!: this is a down trend and this is simply a test of theory that I’m taking - simply trade with the trend and note this is not advice.
PEPPERSTONE:XAUUSDLong
by codexd
1
Bullish and Bearish EURUSD OutlookBullish and Bearish EURUSD Outlook What we see we trade, as we are end of Sept 2023 last weekly of trade playbook for EURUSD. Monthly Playbook As we have witness 38.2% of Fibonacci scale multiple touches at the same time RSI 8 is crossing from top to RSI 13. (RSI 45.78) As we see we are bearish trend. To read the same after July candle inverted candle. ( & ) perfect text book example of inverted candle. Aug candle with upper and lower wick engulfing candle. As we are in month of Sept last week did touch 38.2% Fibonacci Scale but did not close below we are still one more week to get this monthly candle. Weekly Playbook As we have witness last week close as inverted hammer weekly ( ) Again we see inverted hammer is close below 38.2% of Fibonacci scale, ( )which mean we are having bearishness in market as well monthly candle is near to 61.8% clustering with 38.2% Fibonacci Scale. Daily Playbook There are is similarity checker ( ) as identify on 18th July with fractal formation and market becomes a bearish. Last couple of day getting rejected from bottom creating double bottom candles. With Fibonacci Scale last 2 candles. Thursday 21st Sept 2023 candle perfect text book example close 38.2% and Friday 22nd Sept candle is 50% which mostly likely to get failed mean as we see rejection from bottom will not carry out to bullishness. ( ) As market open we will update on the same link as real time any new trend.
by shoonya0000
IS ETH low at 1530 going to hold?(1)ETH last low from the distribution seller bar at 1540 has been taken out. We see some settling at 1530 level with a low test buyer bar coming up. Once this low has confirmed, we will look at the 4H timeframe to get an early top towards confirming on daily and weekly. For the weekly to continue going down, there is a less than 30% probability. So,highly probably, it may confirm its weekly bottom before carrying further south. Let's see if how the trade plans out according to our smart money framework and the VSA methodology. We will be tracking this potential trade and updating the post as we go along on the charts and on video. Keep a look out for it traders. To understand our ideas and videos better,we highly recommend watching our following stream videos: 1.Trader Starter Pack 5 day video course Look on our channel profile or at our signature section to access it 2.7 steps to achieve consistent trading performance www.tradingview.com 3.7 steps for strategy construction www.tradingview.com Refn image from our ealier post:
COINBASE:ETHUSDShort
by masterthemarkets2010
Gold trading strategy for the first day of the weekGold prices lost traction and fell to $1,920 during US trading hours on Friday. The benchmark 10-year US Treasury yield recovered to 4.25% after spending the first half of the day in negative territory, sending XAU/USD lower. Last week (September 5-8, 2023), the USD price in the international market rose to a nearly six-month high amid concerns about global growth, especially in China, causing investors to pour rush into the US safe-haven currency. This shows that in the coming week, the Dollar could potentially adjust, causing the gold price to retest 1935. In the worst case for gold plus good news for the Dollar, the possibility of gold falling to the price of 1905 is perfect. can happen during the trading session of September 12 and 13
OANDA:XAUUSD
by Mars_Hunter
5
NZDCHF Short-term bullish continuationOn Thursday price manage to form a bullish strong candle which as a result broke 4H bearish market structure to the upside, since then price been in bearish corrective move and testing broken structure which now acting as important support for the price and price already rejected twice from this area. For more confluences we can see price is close to 61.8% #fibonacci level and 1H EMA200 both acting as support for the price and possible turning point for the price. In order for me to take a long position on this chart I want to see price taking liquidity from the recent low which I drew an arrow from it and failing to close below the arrow and also forming some form of bullish candle stick pattern such as #hammer #bullish engulfing or #morning_star to be convinced to take a long position
Long
by mohemati
GoldViewFX - WEEKLY CHART MID/LONG TERM PROJECTIONHey Everyone, Please see our weekly chart long term projection that we have been tracking for a while now. As stated last week our ascending Goldturn channel (Our unique way of drawing channels) has been respected well with EMA5 failing to break the channel bottom, which followed with two bullish candles from the channel bottom for a nice bounce. This was a strong support that we expected a reaction from. This played out perfectly with a nice Bullish candle last week aswell. Long term we are looking for the axis test at 1954, which was nearly hit and missed by a few pips. However, if we see another challenge to the channel bottom and a break below with ema5 cross and lock, then we are likely to see the range below open up. Failure to lock below the channel bottom and we are likely to see a 1954 axis retest at some point and beyond!!!! We will continue to track this using our smaller timeframes. Please don't forget to like, comment and follow to support us, we really appreciate it! MR GOLD
OANDA:XAUUSD
by Goldviewfx
2
ETHBTC ❗Caution❗One more for today will be ETHBTC chart. The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation! ...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But... We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably. So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks. Be aware. Envision. 👁️ A.I.Vision
by A_I_Vision
1
Huge Flag Pattern Breakout Seen in Varun Beverages | Fly in Sky ABOUT COMPANY:- Varun Beverages Ltd has been associated with PepsiCo since the 1990s and is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world. The company produces and distributes a wide range of carbonated soft drinks, non-carbonated drinks and packaged water sold under trademarks owned by PepsiCo. PepsiCo brands produced and sold by the company include Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices and many more. Market Cap ₹ 1,10,347 Cr. Current Price ₹ 849 High / Low ₹ 874 / 454 Stock P/E 58.7 Book Value ₹ 50.0 Dividend Yield 0.15 % ROCE 27.8 % ROE 33.5 % Face Value ₹ 5.00 Debt ₹ 3,726 Cr. EPS ₹ 14.5 PEG Ratio 1.19 Promoter holding 63.6 % Intrinsic Value ₹ 294 Pledged percentage 0.04 % EVEBITDA 33.6 PROS Company has delivered good profit growth of 49.2% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 17.6% Company's median sales growth is 18.3% of last 10 years CONS Stock is trading at 17.0 times its book value Company might be capitalizing the interest cost So, Guy's i have written most of the things on chart and here, but i want to tell you a secret this is good fundamentally company to invest and forget for long term. But if you are going just for trading then please follow given stop loss in it. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:VBLLong
by TraderRahulPal
BTC: AT THE WEEKLY TIME FRAME BREAKOUT ZONEBTC is currently at a crucial zone. The stability we are witnessing in this zone can be attributed to the historical trend that occurred on May 31st, 2022 when BTC experienced a new low. If BTC manages to surpass the $32K mark, it has the potential to reach a new high of $38K, marking the beginning of a new bull market. The current zone where BTC is located is critical, and it is advisable to closely monitor whether the trend will continue in this direction. A positive outcome could signify an impending breakout. There is a good chance that BTC will return to FWB:31K before the new weekly chart.
Long
by Goldenbreakout
1