USDJPY - BEARS WILL KILL BULLS?The current trend of the USD/JPY is showing bearish signals as it is trading in a bearish zone below the levels of 151.00 and 150.70. There was a break below a major bullish trend line with support at 151.65 on the hourly chart, indicating that the pair is declining and exhibiting bearish signs below the 151.00 level.
Regarding consolidation, the USD/JPY is expected to maintain a narrow consolidation within the 151.10 to 151.90 range during the day. There is strong resistance around 151.90 and key support between 151.10 and 151.20. If the pair breaks below this key support area, the adjustment could be halted for the week.
However, the USD/JPY has managed to stay above the psychological level of 150.00 and has shown intraday gains around the mid-150.00s, staying above the 100-period Simple Moving Average (SMA) on the 4-hour chart. Furthermore, a recovery above 150.91 could renew buying interest, targeting the 151.00 level and potentially retesting the year-to-date high at 151.91.
In summary, the current trend shows a mix of technical signals. While there is bearish pressure below key resistance levels, the pair's ability to stay above 150.00 and potential buying interest above 150.91 suggest there could be short-term recovery opportunities. As always, future movements will depend on a variety of factors, including economic developments and market news.
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WIN
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA
Technical Reasons:
Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement
Money Flow Divergence on the daily
Commodity channel index divergence on the weekly
Stochastic Momentum switch on the daily
Already +- 5% off the lows which shows buyer are stepping in
RSI is exiting oversold territory
Fundamental Reasons:
Tesla had a +- 35% correction after missing expectations - This has now been priced in
Tesla Cyber Truck rollout commencing this quarter
Growing EV penetration vs Ice vehicles
Growing demand and margins in the energy storage side of the business
Continued expansion of production capacity (Mexico factory has the go-ahead
Continued investment and breakthroughs in real-world AI
Overall robust financial performance and cashflows
Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot**
Trade setup
Pending a confirmed breakout
Entry between $204 to $209
Take Profit 1 - $230 - which will start filling the gap
Take Profit 2 - $242 - which will complete the gap fill
Take Profit 3 - $267 - previous swing high
Once TP1 hits - move stop-loss to break even for a risk free trade
Good Luck
WIN/USDT - WINkLink BSC: Resistance_Breakout_Confirmation◳◱ An impressive Resistance Breakout and Confirmation has been detected on the LSE:WIN / CRYPTOCAP:USDT chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.000062 | 0.0000638 | 0.0000673, while substantial support zones are identifiable at 0.0000585 | 0.0000568 | 0.0000533. It is highly recommended to seize this opportunity by entering a trade within the present price range of 0.0000654 and setting sights on higher levels of profitability.
◰◲ General info :
▣ Name: WINkLink BSC
▣ Rank: 339
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Bittrex
▣ Category/Sector: N/A
▣ Overview: WINkLink BSC project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000654 ₮
▣ 24HVol: 1,412,010.559 ₮
▣ 24H Chng: 3.318%
▣ 7-Days Chng: 7.06%
▣ 1-Month Chng: 6.07%
▣ 3-Months Chng: -4.57%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.000062 | 0.0000638 | 0.0000673
◢ Support: 0.0000585 | 0.0000568 | 0.0000533
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.42
▣ Last 90D: -1.12
▣ Last 1-Y: -0.69
▣ Last 3-Y: 0.56
◲◰ Volatility :
▣ Last 30D: 0.44
▣ Last 90D: 0.35
▣ Last 1-Y: 0.52
▣ Last 3-Y: 1.40
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.64 - Bullish
▣ Reddit sentiment score is 0.10 - V. Bearish
▣ In-depth WINUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Play for $100! Predict the bottom : BTCUSDTAnyone who plays can win $100 from everyone else that plays.
Rules are simple.
- Predict absolute bottom for BTC in the next 10 minutes (Before 04:25 GMT+2).
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XAUUSDDear Ziilllaatraders,
During my last live stream I told you guys we could see a weak dollar and a strong gold. But we waited until after the news to take a trade. We took 15 pips profit to close of this very profitable week. PCE prices came our suggesting lower prices. This gives a weaker dollar. We could expect a stronger gold price. Let me know what you think!
Greetings,
Ziilllaatrades
WIN (WINK) Token Analysis 07/04/2021as we have analyzed this Token earlier and Purchased the and hold it we are now updating the new targets
Technical analysis:
we are still very bullish on this Token so we are specifying 3 Targets after the current retracement
the 3 targets gets its confirmation as soon as the 2 Targets gets Triggered followed by some price Correction
GOLD BUY!SAXO:XAUUSD
Hello traders,
For tomorrow, I'm planning to take a long position. Currently, there is a significant bullish momentum in the gold market. Additionally, we can identify a strong support level around 1920. If we consider entering a trade at 1920, we would be trading a very appealing head and shoulders pattern. This setup suggests a potential opportunity for a successful long position.
DXY long for this weekTVC:DXY
Hey traders,
For the upcoming week, I anticipate a bullish trend for the dollar based on the chart formation and the recent achievement of new highs. However, it's crucial to exercise caution and closely monitor the news as they have the potential to swiftly alter the market direction.
While the chart signals a bullish outlook, it's important to remember that unexpected news events can have a significant impact on currency movements. Stay vigilant and adapt your trading strategies accordingly to manage potential risks.
As always, conducting thorough research, staying updated with relevant news, and implementing proper risk management are essential when making trading decisions. Wishing you success in your trading endeavors this week!
Tesla poised for a breakoutNASDAQ:TSLA - Tesla the "EV Maker" has seen a massive comeback from the low $100s. Tesla tested the $200 mark in February after which we have seen approximately 30% correction which partially filled the gap created in January.
Per the diagram we can see that Tesla NASDAQ:TSLA is forming a classic extended broadening wedge pattern, which can indicate consolidation before continuation to the upside.
There is significant hype around AI since ChatGPT since launch. We believe Tesla is well positioned to take advantage of the AI revolution.
Tesla has made significant progress in AI specifically with their self driving capabilities.
Tesla has an abundance of data due to their extensive fleet of vehicles on the road, collecting data daily. This data is used to train its AI algorithms, enabling Tesla to develop more refined and accurate models over time. As of 2023, Tesla has gathered data from over 35 million Full Self-Driving (FSD) miles driven by its fleet, giving it a significant data advantage over competitors. Remember your AI models is only as good as the data you can train it on. Proprietary datasets are gold in the AI/Machine learning world.
Tesla's ultimate ambition is to establish a Robotaxi service, where Tesla cars function autonomously without the need for a human driver. Success in this endeavour is not guaranteed, but should they achieve this goal, it could provide Tesla with a substantial competitive edge in the electric vehicle market. In addition to this, Tesla has Optimus (AI robot), but we shall not dive into that in this thread.
Tesla plans to grow vehicle deliveries by more than 50% in 2023. The company also expects to see a significant growth in its energy business and is planning to expand its production capacity.
The company is also making progress on its Semi and Cybertruck, with deliveries expected to begin soon.
Tesla's new factory in Mexico is also expected to increase the company's production capacity and produce electric vehicles based on Tesla's new vehicle platform. (Low cost vehicle platform.
Entry points: Accumulation of entries between $168 to $196. Ultimate confirmation would be a daily/weekly break and close above the wedge line.
Targets:
TP1: $242 - 0.618 Fib Retracement
TP2: $306 - 0.786 Fib Retracement - this also aligns with an order block between $294 & $312.
TP3: $376 - Just under 10% away from its previous ATH
Stop Loss: $163 - Wide stop loss due to volatile nature of Tesla
Leverage: Max 5x - I personally use a combination of spot holdings and 5x leverage to take advantage of shorter term swings.
XAU/USD short?SAXO:XAUUSD
Hey Traders, I am currently looking for a short position in the london session. My confluences are break of the bullish trendline and the resistence zone which I marked black. I will look if I get a bearish candle an then entern. Stopploss and take profit are already placed. If you have questions let me know.
GU Long PART 2 For starters if you took my last GU trade nows a good time to close its up 440+ points and its not moving exactly how I want it to its up to yall Im just trying to secure your bag as it is at a 1:1 R:R.
Now for this next trade
1. Bullish long term
2. Equal lows
3. Imbalance
4. Market structure
5. 2+3+4 Align to make confluence
6. Confluence lines up with Golden pocket
Looking for a retracement after the new high was created. The next potential target for a retracement would be where the money is and that is where my entry comes into play. If this entry hits this is an extremely high probability setup and if the stop loss is large enough this should be a guarantee. I Never guarantee anything but man does this one look promising
GOLD.18/05: Prosperity for buyersTVC:GOLD Gold (XAU/USD) prices wound up at a three-week low, raising bids to print a slight gain around $80 in the early hours of today's Asian session. In doing so, the XAU/USD bears will get some steam after falling for the past two consecutive days due to the lack of key data/events. Even so, expectations about the US being able to ease its debt limit and join the US Federal Reserve's (Fed) negotiations are putting pressure on Gold prices.
Accordingly, the yellow precious metal could drop to the 50% Fibonacci retracement level of the March-May rally, around $1,950, before testing the 100-DMA support at $1,930 and the Fibonacci ratio gold, 61.8% mark, about 1,915$
In case Gold price still falls past $1915, the possibility of witnessing a drop in XAU/USD cannot be ruled out.
Additionally, the Gold price rally needs to sustain beyond the bottom of the stated triangle $2000, quickly followed by a circular resistance at $2,010.
Even so, the 23.6% Fibonacci retracement level and the top of the aforementioned triangle near $2,020 and $2,055 respectively will be in the spotlight.
BUY GOLD 1984 - 1983
StopLoss: 1980
Take Profit 1: 1989
Take Profit 2: 1994
Take Profit 3: 2000
GOLD 16/05 : Nice sell entryTVC:GOLD Gold prices push the lower line of a two-month-old bullish channel as XAU/USD traders brace for key US Retail Sales and debt ceiling negotiations among US policymakers.
However, the 200 SMA adds strength to the $2000 support, making it key for the XAU/USD bears to break before taking control.
Even if Gold prices drop below 2003$, the 2,000$ round figure could act as an additional filter south before heading XAU/USD towards mid-April lows around 1,975$ .
On the downside, a two-week-old descending resistance line, around 2,025$ at press time, protects the Gold price rally in the short term.
Following that, the previous monthly high near 2,050$ could test XAU/USD's upside momentum before directing the bulls to the recent record high near 2,085$.
It is worth noting that the top line of the stated bullish channel, near 2,095$ at the latest, stands ahead of a round figure of 2,100$ to challenge the subsequent Gold buyers.
Overall, Gold price is likely to move higher unless it sustains a breakout of 2,000$.
SELL GOLD zone 2024 - 2029
Stoploss: 2034
Take profit 1: 2019
Take profit 2: 2014
Take profit 3: 2009
EUR/USD: 16/05. Downtrend, ready sell?OANDA:EURUSD EUR/USD probes the boundaries of the 1.0910 barrier amid further downside correction in greenback and general improvement in sentiment around risk-related universe.
Indeed, the pair picked up pace and further extended the rally from recent lows near 1.0855 despite sharp declines in US and German yields so far, while expectations of a temporary respite. stop the Fed normalization in June and raise interest rates further in June ECB for the next few months trending up.
EUR/USD extends weekly rally and adds to Monday's promising price action, always with an immediate target of 1.0910.
So far, the pair is up 0.17% at 1.0890 and a break through 1.1090 (weekly high April 26, 2023) will target 1.1110 (rounded high) on way to 1.1185 (weekly high March 21, 2022). Conversely, the next level of contention emerges at 1.0845 (monthly low May 15), followed by 1.0830 (monthly low April 10) and finally 1.0805 (100-day SMA).
SELL EUR/USD zone 1.08950 - 1.09200
Stoploss 1.09500
Take Profit 1: 1.08500
Take Profit 2: 1.08000
AUD/USD: 15/05: Short term signal todayOANDA:AUDUSD AUD/USD refreshes the intraday high near 0.6666 as it bounces off key short-term support to record its first daily gain in three days early Monday. In doing so, the Aussie pair also justifies the recovery of the RSI line (14) from the oversold zone.
It is worth noting that the bullish MACD signals also support a reversal from the two-week-old horizontal support zone around 0.6645.
Even if the AUD/USD pair surges past 0.6685, the 200-HMA and the horizontal zone comprising multiple levels marked since May 5, close to 0.6756, could challenge buyers. before giving them control.
Alternatively, a downside break of the aforementioned horizontal support near 0.6645 will not hesitate to challenge the late-April swing low around 0.6570.
The RSI has now broken out of the oversold zone. At the same time, the MACD line has started to cross the Sinal line. These are the factors that are currently supporting the AUD/USD rally.
GOLD: What is the price of gold tomorrow?TVC:GOLD Gold prices remain low around $2,000 as it searches for fresh clues to extending its three-week downtrend, especially after posting its first weekly loss in three weeks. In doing so, the yellow metal portrays market anxiety amid concerns about the US debt ceiling, as well as banking concerns. However, the unclear calendar and mixed updates from the Federal Reserve (Fed), as well as US government officials, have pushed XAU/USD lower ahead of important events/data of this week.
Gold price depicts a bearish triangle formation on the Daily chart, currently between $2,030 and $2000. That said, bearish signals from the Moving Average Convergence and Divergence (MACD) indicator, as well as the steady Relative Strength Index (RSI), set at 14, also give see the next downtrend in XAU/USD.
However, a clear break of the 2000$ support becomes necessary for Gold to move towards its theoretical target of around 1,900$.
Canh SELL GOLD vùng giá 2022-2025
Stoploss: 2030
Take profit 1: 2017
Take profit 2: 2012
Take profit 3: 2006
Gold price next week?: Falling out of the 2000 zoneOANDA:XAUUSD Gold remained stagnant throughout the week, closing within the same price range as last week due to a $2,048 resistance and $2,001 support. There are concerns about the US debt ceiling expiration as talks have been postponed to next week. Additionally, there are worries about an economic slowdown as bank deposits in the US decrease.
A sustained Buy Breakout move above $2,022 will help gold regain its position at $2,032-$2,038.
Buy Sell Breakout at 2000 when the market shows signs of breaking through and close below this price range, stop loss at near 2011 resistance. Nearest target: 1995 - 1990 - 1983
BUY GOLD zone 1983 - 1980
Stoploss: 1975
Take profit 1: 1987
Take profit 2: 1992
Take profit 3: 2002
USD/JPY: 12/05. Bear attack, ENTRY SELLUSD/JPY hovers around 134.780 early Friday as it struggles to defend the previous day's bounce from a one-week low.
The recent escalation of market concerns around the expiration of the US debt ceiling and the collapse of the bank, seems to allow the US Dollar to prepare for its first weekly gain in three weeks while pushing US Treasury yields fell for the third straight week. Given this, USD/JPY's hesitation seems justified amid a mild calendar at home. OANDA:USDJPY
XAUUSD - GOLD LONGLooking for a long entry on gold there is a ton of liquidity below all those wicks, lots of equal lows that need to be swept, golds also leaving a triple top behind so again a ton of liquidity at the highs. All we're doing is looking for a pullback to ride the next high, Unfortunately, gold is extremely volatile so the stop loss is 1000 pips so it looks like a lot but it's really not. If you're gonna take this trade you need a minimum of $5,000.00 or else you're risking too much. The equal lows align with a 1 and 15 min imbalance in the market and this aligns with the 71-78 golden pocket area. It could go lower yes it's possible but I don't believe it will go much lower than this as its next targets are at the highs.