Beyond Technical Analysis
Bitcoin: The Perfect Pullback Entry! 🔥 What's up, traders! Welcome to another explosive analysis! 🔥
Today, I’m entering BTC/USD with a strategy that’s on FIRE. 📈 The trend is crystal clear: Bullish! 🟢 But hold on, the Market Prediction Indicator is signaling a possible pullback before the next big move up. 😎
That’s why I’m not jumping in right away. I’ve placed a Buy Limit at $100,845.60, waiting for the price to dip and give me the perfect entry. 💸
🎯 Take Profit: set at $105,964.67
🛡️ Stop Loss: locked in at $97,576.65
I’m aiming for that perfect entry, taking advantage of the pullback to ride the bullish momentum hard. 🚀
What do you think? Will the market respect this analysis or surprise us? 🤔
Drop your thoughts in the comments and don’t forget to subscribe for more strategy-packed and action-filled analysis! 📊🔥
Let’s go all in! 💥
Disclaimer:
This content is for educational and informational purposes only and should not be considered financial advice. Always do your own research and consult with a licensed financial advisor before making any investment decisions. Trading cryptocurrencies involves significant risk and may result in the loss of your capital.
#EURNZD 2HEURNZD (2H Timeframe) Analysis
Market Structure:
The price is currently testing the upper boundary of a channel, which acts as a key resistance level. This indicates a potential bearish scenario if the price fails to break above and instead respects the resistance.
Forecast:
A sell opportunity may arise if the price retests the channel resistance and confirms rejection, signaling the potential for a move toward the channel's lower boundary.
Key Levels to Watch:
- Entry Zone: After the price retests the channel resistance and shows signs of rejection.
- Risk Management:
- Stop Loss: Placed above the channel resistance or the recent swing high to minimize risk.
- Take Profit: Target the midline or the lower boundary of the channel for potential downside movement.
Market Sentiment:
The current price action at the channel resistance indicates a bearish bias, with sellers likely to dominate if the resistance holds. Waiting for confirmation of a retest ensures a strategic entry aligned with market momentum.
$TSLA Writing on the WallNASDAQ:TSLA is a great stock to trade, especially on options. Multi-thousand percent trades to be made every day both up and down.
Bulls and Bears alike enjoy this stock for it's volatile nature.
The fact of the matter is TSLA is a dying company with nothing of value to offer. It's leader is addicted to drugs and in disarray. Someone with no clear path or vision other then that of his fat pockets.
If you fell for the EV scam, I fell sorry for you.
The writing is most definitely on the wall. This yearly double top pattern will play out to target. And here tesla will remain.
A normal car company.
The writing is on the Wall.
Don't be on it, when it gets washed away.
$SPX Exit Stage LeftWe have several things going on with the SP:SPX Right now. Some say its a bullflag, Some say it's a head and shoulders.
The simplest explanation often being the best, SP:SPX is testing a downtrend line that was formed as a result of price action continuously rejecting at a Supply Level.
Price is consolidating, however with the aggressive short attack on the SP:SPX at the close Friday, valuations being in the clouds and meme coin holders being rugged by world leaders, I would say there is a more than fair chance all this stupidity marks a top.
With a very dubious and undecided CCI, weather we break above first or break lower first does not matter. We are going down.
First target is a closing of that huge Wide open space at 5850. Then Liquidity at 5700 and a third target at 5400.
We will see after that.
Don't forget to Short the NSE:BANKNIFTY too...
Nasdaq US100: Positioned for a Breakout to New Highs!After a deep retrace on the daily timeframe, I’ve initiated a long position on the Nasdaq US100. The plan is to ride this wave back to its Higher High, capitalizing on the recovery momentum.
Technical Insight:
• Key Structure: The market has shown strong respect for the current retracement levels, providing a solid base for a bounce.
• Trendline Support: Price action aligns well with the trendline channel, indicating potential for upward continuation.
• Fib Levels: The pullback reached a critical zone, signaling that buyers may step in to push the price higher.
Let’s see how this plays out! Always remember to trade with proper risk management and pay yourself along the way!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
DAY 12: Inauguration Day.As stated earlier today we have the swearing in of US president elect Donald Trump which is scheduled for New York AM session.
Today being a Monday ,we normally have the market ranging but for today we will be looking at the market differently.
Market could be volatile during those hours and I expect price swings which could affect your account positively or negatively so today trade with caution.
Took a sell on GBPUSD earlier as I expect price to retest the previous lows at 1.21100 and maybe even lower before a correction higher.Range is between 1.2300 and 1.21100
Copper Short: Targeting Key Support at $4.17Copper is showing signs of exhaustion after recent bullish momentum, prompting a short setup on the 15-minute timeframe. Price action aligns with a potential retracement toward the $4.17 zone, where a critical support level resides.
Why This Trade?
• The overextended rally suggests a short-term pullback.
• Technical indicators point to weakening momentum, making the $4.17 price zone an attractive target.
Plan:
Manage risk effectively, take partials along the way, and let the trade play out toward support. Always remember: stay disciplined and pay yourself along the way.
DAX Daily Short Setup: Targeting 19,700The DAX approached its previous high but failed to break through, signaling potential exhaustion at these levels. In response, I have initiated a short position, targeting a retracement to the 19,700 price zone.
Fundamental Insights:
1. Economic Uncertainty: Disappointing inflation data from China has sparked concerns about demand for German goods, which weighed heavily on DAX futures during the Asian session.
2. Sector Weakness: The auto sector, including Porsche, BMW, and Volkswagen, saw significant declines due to lingering tariff threats and softening demand.
3. US Jobs Report Impact: Friday’s US Jobs Report could further dictate market sentiment. A weaker report may boost expectations for rate cuts, providing temporary support to the DAX. Conversely, stronger data may reinforce bearish momentum.
4. German Economic Indicators: While November’s industrial production showed a 1.5% rise, weak factory orders suggest limited optimism. Imports fell 3.3%, signaling declining demand, further justifying a cautious short bias.
Technical Outlook:
• The DAX remains above its 50-day and 200-day EMAs, indicating bullish momentum. However, failure to sustain above 20,523 strengthens the likelihood of a retracement.
• The RSI near 59 suggests room for further downside before approaching oversold conditions.
As always, maintain disciplined risk management. Let’s see how this setup unfolds!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
GOLD -XAUUSD 4H Sell Analysis!Hello Everyone,
Welcome to FXMYWORLD.
Let's see how this pair will perform based on the analysis.
I'm waiting for Liquidity grab then will look for selling confirmation.
Based on my analysis and my view I'm sharing my view.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Thanks in advance for checking my trade idea.
GBP/CAD - over sold time to buy!Hi guys we are taking a look today in GBP/CAD - It reacehed extremely low and oversold levels on the RSI at 1H and 4H time frames, as we have seen a consistent dropped that happened.
Currently I am expecting a correction into the consolidation area to 1.76
Enry: 1.74750
Target: 1.7550
Target 2: 1.76430
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
TRUMPUSDT Trump & DumpNot sure how many of you out there believe in the call to Maga. I personally don't care because anyone dump enough to buy this shit coin deserves what's coming to them.
Trump does not love you, care about you or anyone else. They were Cash poor and on the brink of Destruction. This meme coin launch is a desperate attempt to regain wealth along with power.
Technically speaking even though we only have a few hours worth of data, If you are going to buy into this Trump & Dump, get it at the discount zone after shorts have sold out.
TRUMPUSDT got hit hard at supply, but knowing the people behind this scam, it's sure to take a second run.
Just don't push your luck.
Ole' Louis the XIV is hard at work.
gold on bearish#XAUUSD price have multiple retest between 2706-2703 now we await for price to break below 2699 which holds strong bearish, but if possible the H1 candle closes below 2704 then bearish starts from there. Sell stop 2704 H1 closure-2699 Sell stop, take profit 2676-2632, SL 2715. But on multiple breakout on 2715-2717 will go bullish continuously.
Gold on daily timeframe
"When analyzing Gold on the high timeframe, the price is currently within a daily Order Block zone. After clearing liquidity above the inducement level, there is a possibility that the price may move towards the $2500 zone. This presents a potentially favorable selling position with low risk."
FWOG approaching Buying ZoneKey Levels:
Previous Weekly Wick: This level is shown in green. It represents inefficient price delivery which price will be looking to to fill (trade back into).
PWH: Previous Weekly High
Imbance / W: Weekly Imbalance which is visible on the Weekly Timeframe.
This suggests potential support, where price may stabilize or reverse.
Entry Zone: A highlighted region in red below the current price, where price could find an entry point for longs. We want to see structure break to the upside which would confirm us to take a long position.
Trade Setup:
Look for Entries: The ideal entry could be near the marked red zone where the price may find support or demand, offering a low-risk long position.
Take Profit: The previous weekly wick level can be a key resistance target. Monitor price action around this level to decide whether to lock in profits.
Stop Loss: A stop loss can be placed below the marked imbalance area or below the support region.
Summary: The focus is on looking for entries near the marked red zone (support area) and targeting a potential upward move toward the previous weekly wick as the resistance level.
Be mindful of any price action near the support and imbalance levels for confirmation of entry.
How EUR/USD is affected by President Trump's high tariffs ?Comment:
EUR/USD continues its downtrend. On the daily chart (D1), EUR/USD is in a long-term downtrend. Recently, the pair tried to correct higher but met strong resistance at 1.0340, after which it fell back.
On the 4-hour timeframe (H4), the downtrend is also clear. The recent upward correction stopped at the resistance at 1.0335. The trading plan on H1 favors short positions
Currently, the pair is consolidating at 1.0300. The market is waiting for the first policies of the new President D. Trump on Europe
Trump's tariff policy often creates a volatile trading environment for the EUR/USD pair. If D. Trump imposes high tariffs on European goods, the USD may benefit in the short term if investors seek safety. However, in the long run, if trade tensions cause more damage to the US economy than to Europe, the USD could weaken, creating an opportunity for the EUR to rise.
Thank you for reading my comment: "FM"
Crude Oil: Short Strategy Recommended for Next Week
-Key Insights: Crude oil has shown a bullish outlook in the short term, but
underlying bearish indicators suggest a cautious trading approach. Market
dynamics may shift due to geopolitical events, potential oil surpluses, and
rising interest rates. Traders should watch for critical economic data that may
influence oil volatility.
-Price Targets: Next week targets are set at T1=$74.00, T2=$71.00 with stop
levels of S1=$80.00, S2=$82.00. This aligns with the current price of $77.67,
positioning for potential downward movement while maintaining necessary risk
management.
-Recent Performance: Crude oil recently breached key resistance levels,
reflecting strong bullish momentum, yet is now at a crucial juncture where
downward pressure may emerge. Price fluctuations indicate the need for
monitoring as oscillations could lead to notable shifts in market sentiment.
-Expert Analysis: Analysts express mixed sentiments; short-term optimism hinges
on current bullish movements alongside warnings of future market corrections.
Monitoring fluctuations in interest rates and their impact on crude prices
remains vital, emphasizing the careful approach due to potential volatility.
-News Impact: Geopolitical tensions, including alignments of Saudi Arabia with
BRICS nations and ongoing sanctions against Russia, Iran, and Venezuela are
pivotal. Anticipated economic indicators, particularly from the Bank of Japan,
could indirectly influence the oil market by impacting the US dollar's strength,
which is crucial for crude oil pricing globally.
Euro bullish sentiment prevails, consider long positions next we
- Key Insights: The euro has shown significant strength against the US dollar,
driven by renewed investor confidence, especially with several African
nations re-entering the Eurobond market. This reflects a positive sentiment
and growing faith in European financial assets. However, caution is
warranted in trading Euro AUD due to expected declines. Focus on less
volatile pairs for more stable trading strategies.
- Price Targets: Next week targets are set as follows - T1 at 1.04135, T2 at
1.05135. For stop levels, S1 is 1.025 and S2 is 1.020. This positioning
allows for a strategic long play given the current valuation of 1.03135,
maintaining alignment with market trends.
- Recent Performance: The euro has demonstrated resilience and bullish momentum
against the dollar over the past week. This positive movement is reinforced
by external developments, particularly in the Eurobond market, signaling
growing confidence towards the eurozone's financial standing.
- Expert Analysis: Analysts express optimism about the euro's potential to
continue strengthening, particularly against the US dollar. While caution is
recommended for Euro AUD, traders remain focused on pairs like EUR/USD,
guided by favorable technical assessments and support/resistance levels
identified for trading strategies.
- News Impact: The return of several African nations to the Eurobond market
signifies renewed investor confidence, positively influencing euro sentiment
in the long term. However, potential rate cuts from the ECB present
challenges, necessitating close monitoring of monetary policy shifts
affecting the euro's valuation and market trajectory.
Long positions feasible as gold tests resistance levels next wee
- Key Insights: The recent performance of gold indicates its positioning at
critical resistance levels, particularly around $2720. The potential for
upward movement remains if it breaks through these levels. Traders should
focus on managing risks given the high volatility, and beginners are
encouraged to practice with a demo account before engaging in live trading.
- Price Targets: Next week targets for long positions are T1: $2750, T2: $2785.
Stop levels are S1: $2710, S2: $2680. This setup suggests a cautious
approach while betting on gold’s ability to breach key resistance.
- Recent Performance: Gold exhibited significant fluctuations this past week,
stabilizing around the $2750 mark. Its performance stands out particularly
as other financial sectors have excelled, though gold remains intertwined
with evolving market conditions reflecting investor sentiment.
- Expert Analysis: Analysts continue to express a cautiously optimistic outlook
for gold in light of shifting economic indicators. While volatility remains
a concern, the sentiment among experts suggests that a breakout above $2720
could signal renewed interest from commodity investors, especially during
uncertain economic times.
- News Impact: Positive earnings announcements from major banks have created a
ripple effect, fostering speculation about a possible shift of capital from
equities into commodities. This environment encourages attention towards
gold as a safe haven or alternative investment during times of market
turbulence, underscoring gold's importance in a well-rounded investment
strategy.