Bullishpattern
Bullish Setup with Liquidity Trap and Demand Zone Confirmation.In the current market scenario for Gold, we're witnessing a bullish setup on the 1-hour chart. 📈 After trapping early buyers below the trend line liquidity, we're anticipating a price reversal from the confirmed demand zone. This setup is particularly interesting because the target has been set at an impressive $2,763! 💰
This bullish movement is expected to be supported by strong demand, alongside a prior break of structure, which adds to the validity of this setup. 📊 The ideal entry point would be on confirmation at the demand zone, ensuring that you're positioned correctly for the upward movement. To manage risk effectively, it's wise to place your stop-loss orders just below this demand zone. 🚦
Overall, this setup presents a promising opportunity for traders looking to capitalize on potential gains in the Gold market! Happy trading! 🌟
DXY Weakens, EUR/USD Breaks Out BullishThe DXY has broken its bullish trendline and a key support area. It is now approaching the next support level on the daily timeframe. Similarly, EUR/USD has broken out above its falling wedge pattern, signaling a bullish move for the euro. Consider buying EUR/USD and riding the trend until it reaches the resistance level.
FRIDAY GOLD CHART ALERT! WILL GOLD MARK NEW ATH?gold is currently moving at the resistance level at 2777 so gold mark new ATH but before its retest the level of 2766-2768 for fill FVG and then pump again so we will wait for the retrest the zone
Gold trend is overall Bull so another confirmation for pump just wait for the sniper execution then we gonna fly
GOLD buy target is 2785 and next target is 2790
NEXT WEEK target gold will touch 2800 and then 2850 soon Follow me for more updates on gold and have a nice weekend
UNEMPLOYEEMENTCLAIM NEWS IMPACT ON GOLD WILL GO FOR LONG?For now you look a daily chart time frame and see the resistance level break with good potential so now we wait for retest the zone where resistance break.
RETEST the level and you go with sniper shot with the target of 400 pips and gold is overall BULL trend and there is news impact today also and the news forecast is clearly says GOLD will pump again.
TARGET: BUY side target first we set 2765 and then we need good potential for buy from here so our next target is 2780.
if news is good for currency so you may see gold will fall and again rests the level area but now forcast is not good for currency so GOLD will pump at NY session
SOL Trade Setups: Key Levels to Watch for Big Moves!Solana has been on an impressive run, hitting a new all-time high (ATH) at $295. The previous ATH from 2021 at $260, along with the recent swing high of $264.63 (December 2024), are now acting as key resistance levels. Bulls are struggling to break above the $260 range and we’re seeing some bearish control as SOL trades below the weekly open, never a great sign for upward momentum.
Short Trade Setup
It’s looking like SOL could be in an ABC pattern, working on wave C. Here’s a potential short trade setup:
Entry: Around $260 if price revisits that zone.
Stop Loss: Above $270.
Take Profit: $220, where strong support lies.
R:R Ratio: About 3:1.
If you’re already short, congrats! If not, $260 could be your next chance to jump in.
Support Zone and Long Setup
There’s plenty of support stacking up between $220 and $217, making it a great zone to consider for a long position:
Point of Control (POC): At $218.50, from the November-January range
Fib Levels:
The 0.786 trend-based Fib extension is at $220.23
The 0.618 retracement (low of $169 to high of $295) is at $217.27
EMAs: The 200 and 233 EMAs on the 4H chart line up nicely with the $217 level
Channel Support: The median line from $264 to $169 also lands around $217
Long Setup Plan
Entry: Ladder longs between $220 and $217
Stop Loss: Below $217, maybe around $214
Take Profit 1: $239 for a mid-range bounce
Take Profit 2: Move your SL to entry and let the rest ride for bigger gains
Patience is Key
Whether you’re waiting for $260 to short or $220 to long, the setups are there, now it’s about watching the levels and being patient. Both trades offer solid risk-to-reward ratios, so no need to rush in.
Stay ready and let’s see how this plays out!
LIQUIDITY SWEEP BULL CONFIRM SIGNAL ALERT!for now market is running at 2749 level and there is strong support here at 2747-2749 we see a great pump from here so the market first sweep liquidity and retest the level of strong support again so mostly chance from here to take buy.
today target of bull first tp is 2760 and second target id 2775.
if market goes BULL and break and close 2762 level in 30minTF so gold will mark new ATH.
ON Semi is fundamentally undervalued and ready for a reversalTechnical View
NASDAQ:ON ON bounce off from a bigger support area from 2022 at around $53 building an ascending triangle. We have a gap above our current price (which can function as a magnet for the stock price). A smaller resistance at $60 might be our first target and the bigger resistance at $77 could be our final target resulting in 36% ROI. The trade would be invalidated below $50. Since this is a bigger swing trade, I would not put my SL to close to the current stock price. If you’re interested why this is a mid- to long-term swing trade read the fundamental information below.
Support Zones
$50-53
Target Zones
$60
$77
Fundamental View
ON Semiconductor concluded the third quarter of 2024 with revenue amounting to $1,762 million, reflecting a 2% increase from the second quarter but a -19.2% year-over-year decline. Nevertheless, the revenue for the quarter exceeded the consensus estimate by 0.70%. The most significant revenue losses were observed in the industrial end-market, with figures reaching $439.90 million compared to the average estimate of $464.97 million, marking a -28.6% decrease.
The gross margin experienced a 2% improvement, now constituting 45.4% of total revenue. Looking ahead, the acquisition of GlobalFoundries’ New York plant is anticipated to enhance the company's chip production capabilities. This facility is expected to maintain consistent production costs while simultaneously increasing production efficiency, in anticipation of a future rise in demand.
The stock has decreased by 11.26% on a year-to-date basis, with a reported trailing twelve months (TTM) earnings per share (EPS) of $4.03. Management has reported having over $1 billion in free cash flow and plans, according to Barron’s, to utilize half of each quarter’s cash flow to repurchase shares under onsemi’s Share Repurchase Program. The reduction in investments will contribute to increasing free cash flow margins, thereby reinforcing OnSemi’s objective of returning 50% of free cash flow to investors. This, combined with a projected slight improvement in sales growth and profitability, is expected to elevate EPS to $7.11 by 2027.
Currently, the company's valuation appears reasonable, trading at a forward price-to-earnings (P/E) ratio of 13.49, which is lower than 90% of the time over the past five years and significantly beneath the S&P 500 P/E ratio as well as the industry median P/E of 25.4. Based on analysts' projections for EPS and maintaining a steady P/E ratio, the company is anticipated to reach a price of $95.91 within the next two years. While this scenario may seem overly optimistic, it is evident that the market is currently undervaluing the stock, especially when compared to its main competitors, such as Texas Instruments and Analog Devices.
Since EV is a superior trend I don’t think Trumps political decision will have an impact. In addition, “Vice President” Musk has a, let’s say, not so little interest in selling more EVs.
ALGO looks to be setting up nicely for another spectacular move.Algorand is setting up nicely within the bull flag pattern it's currently trading in. Compared to many other coveted cryptos, ALGO's gains have been very reserved compared to its structure (maximum supply). I do believe that we are going to see ALGO outperform on the next leg, as it has some catching up to do, especially when compared to what it has done in past bull run cycles.
Good luck, and always use a stop loss!
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month.
After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus.
Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike.
If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now.
Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI).
Target Zones
$198-200
Support Zones
$165
$160
ADBE near Confluence Support - 33% ROI PossibleNASDAQ:ADBE is currently nearing a confluence support (an area where multiple support elements are combined) at around $410-$420. Nevertheless, opening a first position right now is already an option given the attractive valuation and the horizontal support (blue zone). In addition there are two big daily gaps (red zones) above the current price giving us some potential pulling factor towards $580. The trendline you can see is very weak and has only two real re-tests in October 2022. So, take that with a grain of salt and try to concentrate more on the horizontal support and the $410-$420 area (61.8 fib).
Looking at fundamentals (I know most of you are not really interested in such things, but they do help with swing trades) we can see a price-to-sales ratio of 9.xx suggesting upside of 50% when comparing it to the long-term average of 14.xx. ARR increased 23% YoY to $3.48B. In terms of AI, firefly generated more than 16 billion assets so far, and FY24 revenue increased by a little more than 11% to $21.51B. Current PE ratio is just short of 22.
So, adding here and more towards that $410 will give us a huge potential ROI over the next couple of months.
Support Zones
$440
$410-420
Targe Zones
$540
$580-600
BTC Analysis BINANCE:BTCUSD
Approximately a month ago, Bitcoin (BTC) reached $108,000, followed by a significant drop to $90,000. A strong support zone formed around $92,000, leading to a rebound. We also had a crucial zone at $99,000 to $100,000, which has been broken and flipped into support.
Currently, as long as the price remains above this zone, there's a strong possibility of moving toward higher levels, potentially reaching around $110,000.
BINANCE:BTCUSD
Solana ($SOL) Cup and Handle offers 65% Gain PotentialTaking a look at Solana on the Weekly timeframe, i've drawn out this cup and handle pattern:
As we can see here, the swing low of $8 to the swing high of $264 provides a measurement we can use from the recent low of $169. When we pair that with a fib extension we have a perfect 1.618 that aligns with this price target of around $400. Notice, however, that we also have another potential swing low and a 1.272 fib extension with a price target of around $350.
Given the bullishness of CRYPTOCAP:SOL , being the best crypto in the space, and the catalyst $TRUMP has brought, introducing the general public to its fantastic user experience, low fees, and quick transfer speeds, the bull case for SOL is quite apparent.
Howevever, I would be remiss not to point out the bear case that is showing itself here. At least for the short term:
As you can see, this daily rising wedge has been forming since April. We've fallen out of it, bounced off the bottom, and rocketed back into it only to hit the top of the inside of the wedge at $295 and be rejected back below the previous ATH of $264.
I see the 200-day MA (Purple line) as my key support level to remain bullish, and has proved to be a strong buy level. I managed to catch it at $175 on the latest attempt to breach that led to a massive move to $295.
One should always consider both the bull and bear cases and manage risk accordingly.
This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling.
- Shadowfigure
Bull Flag on BTC Daily!!!The cryptocurrency market is once again at the edge of a seismic shift. Following the recent uptrend, Bitcoin (BTC) has established a formidable Bull Flag on the daily chart. By utilizing a trend-based Fibonacci extension on top of the current Bull Flag, we can identify the coveted 'golden pocket' positioned at $126,000, with the subsequent target level at an impressive $185,000.
If historical patterns hold true, this year is set to be another record-breaking period for Bitcoin and the broader crypto market. Investors and enthusiasts alike should prepare for a potentially parabolic movement. Fasten your seat belts, an exciting journey awaits.
ZEN Trade Setup: Ride the Wave to +50% ProfitAfter a strong bullish impulse, ZEN completed a 5-wave structure resulting in a +72% price increase and successfully took out a key high. This marked a potential short trade opportunity at the key resistance level.
Subsequently, the price retraced significantly, forming a pullback into the golden pocket (0.618–0.65 Fibonacci retracement), a high-probability buying zone. This corrective move also completed a 5-wave structure to the downside, providing a favorable long trade opportunity with a compelling Risk-to-Reward (R:R) ratio of 3:1.
The target for this long trade is the 0.618 Fibonacci retracement level of the entire impulse wave at $35.86, representing a potential upside of nearly 50%. Additionally, the negative 0.234 Fibonacci level at $35.98 aligns closely with this target, creating a good confluence zone.
Key Levels:
Entry Zone: $23–$25
Primary Target: $35.86 (0.618 Fibonacci retracement)
Confluence Level: $35.98 (Negative 0.234 Fibonacci extension)
Stop-Loss: Below the low of $21 for downside risk mitigation, DCA