USDCAD on 1h time frame . Testing historical Resistance levelsUSDCAD 1H Analysis – February 10, 2025
📈 Potential Bullish Reversal
The chart shows a double bottom formation near 1.4280, which is a strong bullish reversal pattern.
Price has bounced from this level, suggesting a possible upward move.
📊 Key Resistance Zones to Watch:
1.4550 - 1.4570 → First key resistance (previous support turned resistance).
1.4780 - 1.4800 → Major resistance area where price previously rejected strongly.
🔍 Trading Outlook:
A break above 1.4350 could confirm the bullish momentum.
If price clears 1.4550, the next target would be 1.4800.
A rejection from resistance zones could lead to another decline.
📌 Conclusion: USDCAD is forming a potential bullish structure, but confirmation of a breakout above 1.4550 is needed before expecting further upside. 🚀
Volatility
Two zones to long the SPX500Hello Traders, there are 2 zones that you can enter market.
the first one is between 5980 and 5950. If it coincides with Bollinger lower band, it could go up more sharply.
in that case top of red bearish channel could be considered as the 1st tp.
The 2nd option available after breaking the top zone, in reverse to 6132 we could enter the market again. Remember that again Bollinger band could help us to confirm the long trade. 6240 could be used as TP, as well as the higher band of Bollinger band is a good place to take profit.
A Harmonic on Richtech Robotics? RRThis is another scenario in an otherwise bullish picture, technically speaking. Early days if the D in the XABCD is really forming, so like with most things time will tell. Fibonacci cluster levels show some static trading targets. In practice we never use static targeting in our trading.
One Up on LYFT. LYFTIt appears that we might be leaving a tight trading range on the background of increasing peaks on VZO, RSX and BB %PCT. Tight trading ranges can be parts of B Waves if you follow Elliott. If that is the case, then we have more room to grow to the upside from that perspective as well. VWAP forms support as well.
[02/03] SPX Weekly GEX OutlookSPX shifted into a strong sideways trend after recent market whipsaws, but premarket today saw a sharp sell-off.
Now, let’s break down the GEX levels set for Friday’s weekly expiration (first weekly expiry). These are already reflected in today’s GEX data—check them on your indicator!
COMMENT: This week, we’ve started updating our seamless GEX & options indicators before the market opens . This has been a long-standing request from users—especially 0DTE traders, who will likely benefit the most.
Key GEX Levels for SPX
📍 Highest Positive Call Wall (Call Resistance): 6075
Acted as resistance last Friday, as it often does initially.
📍 Sideways Zone: 6000-6070 (Transition Zone with GAMMA flip)
Wide Transition Zone → Expect high volatility or slow drifting within this range.
Easy flow between positive and negative GEX profiles, meaning potential sharp moves in either direction.
📍 Put Support (Sum 4DTE): 5900
Very deep support—market is clearly pricing in fear of a potential future drop.
📌Below 6000, there are only negative NetGEX strikes down to 5900, which signals a lack of strong support until that level.
What This Means for the Week
📊 SPX opened (gapped down) in negative GEX territory—if buyers don’t reclaim this zone, we are in for a highly volatile week, potentially with a spiking VIX.
🚫 No reason for bullish optimism unless we break above 6070—until then, expect uncertainty and potential downside pressure.
PS: FINAL GEX ZONE COLORING SHEET
Contemplating a Pivot on Dell. DELLPivots, like fades are inherently more risky, but they must always be in the gameplay of any serious trader. They can be potentially very rewarding when they do eventuate and pose lost opportunity if ignored. We generally like at least five factors from five different perspectives to consider a position. Let's see how many this one has.
1. Momentum divergence (not the only one) on Jurik RSX
2. Volatility divergence on VZO plus offset
3. Cross of upper end of MIDAS envelope. Midas formula is based heavily on volumes.
4. Cross of both VZO and Ehlers Stochastic/RSI. This is not the vanilla Stochastic RSI calculation, after Ehlers rethought the indicator.
5. vWAP is now a support, but price action is not over extended beyond one sigma range.
There are more factors that can be put on the list, but this is not a competition - just a simple take on a stock. Manage your risk -trading is not gambling.
Launch on Serve Robotics. SERVWe are really liking the amalgamation of factors in this picture. Just have a look at that bullish candle just smashing through the MIDAS curve in green. US and vWAP offer resistance in tandem. Bollinger Band %PCT crossed to bullish and the other two oscillators below also threw of signs in tandem. High probability situation here if you are going long.
NQ Power Range Report with FIB Ext - 2/10/2025 SessionCME_MINI:NQH2025
- PR High: 21656.75
- PR Low: 21418.00
- NZ Spread: 534.25
No key scheduled economic events
Economic event break ahead of Powell double header the next 2 days
- QQQ gaps daily gaps filled
- Fading back into Friday's range on directionally volatile week open
Session Open Stats (As of 1:35 AM 2/10)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47%
- Session Open ATR: 407.59
- Volume: 40K
- Open Int: 257K
- Trend Grade: Bull
- From BA ATH: -3.4% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
GOLD HOLD NOW CRITICAL ZONE
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support it with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
Nifty50 Trade Setup – February ExpiryAnalyzing the 7th Feb settlement prices using my proprietary OptionSigma model, a key level emerges: 23,698.80.
📌 Bullish Scenario: A clean breakout above 23,698.80 signals strength—potential long opportunities in Nifty February Futures or Monthly Call options.
📌 Bearish Scenario: Failure to breach this level? Shorting is the only play—either via futures or buying put options.
⚡ Stay sharp. Watch the price action around this level for confirmation!
#Nifty50 #OptionsTrading #IndexTrading #OptionSigma #FNO #TradingStrategy
Breakout for MGO Global Inc. MGOLA nice gapping breakout, crossing every indicator line on the price chart on the background of momentum %pct divergences. This one could go far.
Gap and Possible Reversal for Roblox. RBLXIn many ways a similar picture to Google today. End of trend is unconfirmed, but the gap and "change in tone" of candle is suggestive. If this is not the end of the road then we might be looking at the beginning of a Wave 4 or Sub-Wave 4 on some level. There is technical indicator evidence of a reversal, also.
Bullish on the Euro Dollar. USDEURSwitching to FOREX, momentum and volatility reversal is evident on this pair technically. There is a confirmation by MIDAS line cross ~ actually a triple cross of MIDAS, vWAP and US lines by that engulfing bullish candle. If this is not a switch of modality then its a whipsaw.
Shorting BlackRock Back to Stone Age. BLKEllioticians will have fun with this one, because this is a debatable chart wave-wise. Now what else is going on here technically? Volumes, volatility stochastics and momentum are downgoing. Bollinger Bands are no doubt showing something bearish undergoing as well. US/vWAP cross and resting above candles as well. This is a constellation that can't be not taken seriously.
IBM Pivoting downward. IBMA nicely proportional AB=CD pattern here, with RSX divergence (momentum) present. This is significant. Crosses and confluence on VZO and Stoch RSI, BB %RCT downgoing. Fibonacci offer some static goals. A word on goals - we discourage use of anything static in the markets. The nature of markets is such that the system is far too dynamic for any rigid rules to be profitable. We thus use a dynamic system, such as an indicator based algorithm for exits.
BEL/USDT BYBIT:BELUSDT.P
It can be a great long trade on a short market.🔥
Explanation:
1. The instrument is looking stronger than the rest of the market.
2. The level is 0.9379 and it is clean and clear. There were no false breakouts, the level stays untouchable.
3. Above the level we have a clean zone. The zone is not contaminated by limit orders and lots of trades.
4. We are accumulating near the level.
5. The ATR is around 14%, if we go to the level we'll pass the 50% of the ATR, that's enough to make the trade.
✌️Please pay attention that:
- To enter the long the instrument should come to the level calm and slow, no fast drive.
- Now all the market is that the price can't breakout the level from the first attempt (in rear cases it can ofc). It means that it can be a false breakout and then the true breakout.
Good luck🍀!
NFP Incoming - Will SPX Smash 6100?NFP Incoming – Will SPX Smash 6100? | SPX Market Analysis 7 Feb 2025
The bulls keep charging as SPX edges closer to 6100. But with the NFP report dropping pre-market, things could get lively.
Will we blast through resistance or bounce back down? Expect some whipsaw chaos before the market settles – but with a bullish trend already in play, we should at least get one more push toward target exits before the dust settles.
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SPX Deeper Dive Analysis:
📈 Bullish Move On Track
SPX has ridden the momentum train all the way from the range lows to the range highs. Now, we’re staring at 6100, the key level where decisions will be made.
🚀 NFP Report – A Market Mover
Today’s Non-Farm Payroll (NFP) data drops just before the opening bell. This is one of the bigger monthly catalysts, meaning we could see:
A breakout past 6100 if the market likes the numbers.
A sharp rejection back into the range if traders get spooked.
A whipsaw shakeout, with wild swings before settling.
🔄 Short-Term Expectation? A Push Higher
Even if volatility kicks in, the existing bullish momentum should at least give us a final nudge up toward target exits. Whether we smash through 6100 or stall out, we’re in prime position to lock in profits.
⏳ The Good Kind of Waiting
Once again, we’re in a holding pattern, waiting for the market to tip its hand. But this is strategic patience – the kind where we’ve done the hard work and now simply let the market do its thing. The setups are in place – now, we sit back and watch the magic unfold.
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Fun Fact:
📢 Did you know? In 2010, a trader accidentally caused a $1 trillion stock market crash in just 36 minutes – all because of a fat-finger trade.
💡 The Lesson? One typo, one misclick, or one overleveraged position can cause chaos. Always double-check your trades, because even the pros have hit the wrong button before.
WORM. Highest degen play or next big thing?Highest degen play or next big thing? The first eternal digital organism started their journey and formed several parallel descending channels in which, at first glance, finds new lows. However, there is an opportunity here if you look through the lens of tech.
" DeepWorm is an autonomous digital organism designed to operate perpetually on the blockchain. It replicates the neural architecture of the Caenorhabditis elegans worm, utilizing 302 neurons to make self-informed decisions. By integrating biological neural networks with blockchain technology, DeepWorm aims to create a living digital entity capable of continuous, autonomous function. "
WHAT'S FLOWING: TRUMP | METALS | INDEX | BTC
Key Observations from the Charts
1. USD/MXN (US Dollar to Mexican Peso) – Bullish
• The pair is trending upwards, with price breaking above recent resistance.
• Green Heikin Ashi candles confirm bullish momentum.
2. USD/CNH (US Dollar to Chinese Yuan) – Bullish
• Price is pushing higher, breaking past previous resistance.
• The red-to-green shift in Heikin Ashi candles signals continued strength in USD.
3. USD/CAD (US Dollar to Canadian Dollar) – Bullish
• Strong rally with momentum building.
• The price is well above the moving average zone (green/red shaded area).
4. AUD/JPY & AUD/USD (vs. USD/JPY) – Bearish
• Weakness in AUD is visible as it trends downward.
• The Heikin Ashi candles are mostly red, indicating a downtrend.
5. XAG/EUR (Silver to Euro) – Bullish
• Price is breaking higher, suggesting demand for silver.
• Potential move toward the next resistance.
6. XAU/USD vs. XAG/USD (Gold & Silver to USD) – Bullish
• Both gold and silver are pushing higher.
• Potential rotation into precious metals as a hedge against market uncertainty.
7. GER40 (DAX Index, Germany) – Bullish
• The index is maintaining an uptrend.
• Strong green Heikin Ashi candles show continuation.
8. US30 (Dow Jones Industrial Average) – Bearish
• Continues to push higher with momentum.
• Uptrend remains intact.
9. SPX500 (S&P 500 Index) – Slightly Bearish
• Market remains near highs, with some consolidation.
• Green Heikin Ashi candles still dominate, but some resistance forming.
What’s Flowing Today?
• Strong USD Trends: USD is pushing higher against MXN, CNH, and CAD, reflecting dollar strength.
• Precious Metals Rising: Gold and Silver are both trending up, likely as a hedge against market risks.
• Equities Holding Strong: US & European indices (S&P 500, Dow Jones, and DAX) are maintaining bullish trends.
• AUD Weakness: AUD/JPY and AUD/USD are selling off, signaling risk aversion in currency markets.
Market Themes to Watch
• Risk-on vs. Risk-off Sentiment: Precious metals moving higher suggests some defensive positioning, but stocks remain strong.
• US Dollar Strength: USD showing dominance across multiple pairs.
• Commodities & Inflation Hedge: Metals rallying could indicate inflation expectations creeping back into the market.
NQ Power Range Report with FIB Ext - 2/7/2025 SessionCME_MINI:NQH2025
- PR High: 21857.00
- PR Low: 21807.50
- NZ Spread: 110.5
Key scheduled economic events:
08:30 | Average Hourly Earnings
- Nonfarm Payrolls
- Unemployment Rate
Inching towards 22000 daily pivot
- AMP margins increase for pre-RTH job reports
Session Open Stats (As of 1:55 AM 2/7)
- Weekend Gap: -1.72% (filled)
- Gap 10/30/23 +0.47%
- Session Open ATR: 391.64
- Volume: 22K
- Open Int: 258K
- Trend Grade: Bull
- From BA ATH: -2.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone