Trend Analysis
CADJPY Here is Bullish PatternGo Through the this Analysis CADJPY Based on the Observation your Expecting a Bullish Pattern Breakout Here are The Setup.
Current Price 109.300
Resistance Zone 11.250
Your anticipate that the Price could break out to the upside suggesting a Potential Bullish trend. To Confirm this Breakout you Might Want to keep an eye On The Resistance Zone.
You Can see more details in the chart Piz Support With Like and comments For more Insights.
Xauusd market target 2606 entry point 2616 stop loss 2622Here's a summary of your updated trade plan:
Trade Plan
1. *Target*: $2604
2. *Entry Point*: $2614
3. *Stop Loss*: $2622
Your plan still indicates a bearish outlook, expecting the price to drop from the entry point to the target.
Key Considerations
- *Risk Management*: Ensure you're managing risk with proper position sizing.
- *Market Conditions*: Monitor market conditions and adjust your plan as needed.
- *Technical Analysis*: Consider using technical analysis tools to support your trading decision.
Would you like me to provide current XAU/USD market data or analysis?
Gold is Ready to PUMP Again!!!As expected, Gold ( OANDA:XAUUSD ) hit the Targets I identified last week and started falling again .
Gold is moving near the Heavy Support zone($2,605-$2,584) , Potential Reversal Zone(PRZ) , and Support lines .
According to Elliott's wave theory , Gold appears to form an Expanding Flat (ABC/3-3-5) .
I expect Gold to rise again from the Potential Reversal Zone(PRZ) .
⚠️Note: If Gold breaks the lower line of the ascending channel, it will likely lose the Heavy Support zone($2,605-$2,584).⚠️
🔔Be sure to follow the updated ideas.🔔
Gold Analyze ( XAUUSD ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC vs USDT.D - Who Follows Whom?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall sentiment of the crypto market.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- A couple of weeks ago, BTC was rejected at the $108,000 zone, while USDT.D bounced off the 3.6% support.
- BTC is currently hovering around the lower bound of its rising wedge, while USDT.D is approaching the upper bound of its falling wedge.
- As long as BTC doesn't close a full day below the blue trendline and USDT.D doesn't close a full day above the upper red trendline, this phase can be considered a correction.
- Conversely, if both trendlines are breached, expect a momentum shift, potentially leading to a deeper bearish movement in the crypto market.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Multi-Step Momentum Analysis - Thomas Scott India LimitedMulti-Step Momentum Analysis: Predicting Trends with Demand-Supply Strength and Volume Delta Insights - Thomas Scott India Limited
Price Action:
The price has shown a clear breakout after a consolidation phase (highlighted in pink).
Once the breakout occurred, the trend moved steeply upward, as seen in the green boxes indicating strong momentum.
Volume Analysis:
The Volume Delta (difference between buy and sell orders) has been increasing significantly in the last two phases (30-0 and 60-30 days).
A sharp volume spike during the breakout confirms the strength of the bullish move.
Demand vs. Supply:
The "Demand Strength: 100%" and "Supply Strength: 0%" indicate a strong dominance of buyers in the current trend.
The Moving Average demand strength (95.63%) also validates sustained upward momentum.
Moving Averages:
The locally weighted moving average is sharply upward, aligning with the price and volume trends, supporting the continuation of the bullish phase.
Key Levels to Watch:
Support Level: ₹400-₹425 (previous breakout level)
Resistance Level: ₹550-₹600 (psychological level and extension of the current trend)
Risk Factors:
Watch for declining volume or a sudden increase in sell orders, which could indicate a reversal.
Conclusion:
This chart suggests a strong bullish trend fueled by increasing demand and volume. It is a favorable time for momentum-based traders, but monitoring for signs of exhaustion is critical.
NZD/USD Stabilises Ahead of the HolidaysNZD/USD Stabilises Ahead of the Holidays
Forex trading is slowing down as the holidays approach, offering a pause after significant movements driven by various news events, including central bank decisions.
Notably, NZD/USD reached its lowest level since October 2022 at the end of last week.
The decline in NZD/USD has been influenced by two main factors:
1. The dollar gained momentum following the Federal Reserve's decision to lower the interest rate by 0.25% and its forward guidance for 2025.
2. According to Reuters:
→ New Zealand's economy contracted much more sharply than expected in the second and third quarters.
→ Market participants anticipate that the Reserve Bank of New Zealand may lower interest rates by 0.5% in February.
Technical analysis of the NZD/USD 4-hour chart depicts a bearish outlook:
- The 0.58 level, which served as support in November, turned into resistance in December.
- The price is currently hovering near the lower boundary of a descending channel that has been in place since October.
- The RSI indicator signals that the market is approaching oversold conditions.
While bears may attempt to extend the downtrend by pushing the price below last week’s low, this could create a divergence pattern on the RSI indicator, offering hope for a potential bullish reversal.
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AUDUSD may fall below 0.6170On the weekly chart, AUDUSD maintains a downward trend, and the bearish pattern is dominant. At present, attention can be paid to the resistance near 0.6300. If the rebound does not break, the idea of short selling can be maintained. The support below is around 0.6170. If it falls below, it will go to the 0.6000 mark.
MOCA is at the end of its trend (2H)From the point where we placed the green arrow on the chart, MOCA appears to have formed a large triangle.
It seems that wave C of the large triangle is a double combination, and we are currently in the second part of this combination, which is itself a triangle.
At present, we appear to be in wave c of this smaller triangle. Wave c also seems to be a diametric, and we are now in the final stages of this diametric.
It could reject downward from the red zone.
The closure of a 4-hour candle above the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
My Best analysis BTC/USD Analysis
BTC/USD tested the resistance zone near $100,000 and showed a rejection, indicating a potential bearish move. The price is expected to drop towards the key support zone around $94,000. This area could act as a strong demand zone, offering potential buying opportunities for a reversal, subject to market confirmation.
Maintain caution and monitor price action closely around the support level before making trading decisions.
Spy to 612There’s really not much left to say. Spy will finish retracing the feds rate decision and blast off to new highs. Big names are either regaining their ground ( NASDAQ:TSLA , NASDAQ:MSFT ) or leading the way ( NASDAQ:AAPL , NASDAQ:NVDA ).
Anyone looking to get short or calling for a dump are people who were calling for 550 and are now 50 points underwater🫡
I wouldn’t listen to someone who looks at this chart and says “it has to go down”. Only people left calling for it to go down are those Elliot Wave people and they change their thesis every 15 min candle 😂
NEW ATH!!!!!
BITCOIN SELL TO $86,000 (UPDATE)BTC has already smashed our TP1 target & now hovering around the $98,000 zone. It is still possible that price might dump lower towards the $86,000 zone but overall you can DCA (Dollar Cost Average) into buy's now if you're willing to hold. I personally won't be buying at these prices.
TOTAL3 (ALTS MARKETCAP) IDEA. Crypto Total Market Cap (Excluding BTC & ETH) - TOTAL3 Analysis
The TOTAL3 market cap is currently moving within a descending channel pattern. After testing the lower boundary, the market is showing signs of recovery, trading at $986.21B, with a notable +2.71% increase.
Channel Formation: The price action respects the descending channel boundaries, creating potential swing trading opportunities.
Potential Reversal: The recent bounce near the lower boundary suggests a possible attempt to break the midline or test the upper resistance of the channel.
Watch Levels: A break above the upper trendline could signal a bullish breakout, targeting $1.1T, while failure to hold current levels may lead to retesting the lower boundary around $900B.
Dogecoin to the galaxydogecoin to pick up steam, it has teasted the weekly 50% retracement level and it's ready to ride the rocket to the moon, look for a strong 4h bullish candle, buy and hold some of this lady, we may not see this price again in the next 6 months. happy trading.
risk only what you can lose.
CHFJPY: Pullback From ResistanceCHFJPY appears to be showing a bearish retracement after a recent test of a horizontal resistance level on an intraday or daily chart.
A signal of this pullback is the formation of a descending triangle pattern, with a confirmed breakout below its neckline.
It is likely that the price will drop to 173.39.