Get started

Chartanalysis

Microsoft: Progress!The Microsoft stock has now successfully completed wave B in turquoise at $444.95. So, now we locate the price in the subsequent wave C, which is set to finalize the overarching three-part wave in dark green. This suggests further declines, with an ideal low just below $400. Following the low of the overarching wave , Microsoft should initiate a new upward impulse. While there’s a 25% chance that wave alt. in dark green has already hit its low, this alternative scenario will only be confirmed if the stock breaks above $469.55.
NASDAQ:MSFT
by MarketIntel
FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce. 2.) Deep Dive: Chart Analysis Inverse Head & Shoulders Pattern: - Left Shoulder: Formed near $0.6342. - Head: A deeper low at $0.4744, marking the low point of the pattern. - Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point. Fibonacci Retracement: - The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone. Key Levels to Watch: - mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support. - VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level. - VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains. Volume Profile: - Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected. 3.) Trade Setup - Entry: Look for a long entry around $0.6555. - Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails. - Target: Initial target at $0.7262 with room for more upside if the breakout continues. - Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area. 4.) Final Thoughts - With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes. Disclaimer This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
Long
by SiDec
Calling All Pro Traders!This is the action you’ve been waiting for as it dances around critical levels! XAUUSD Outlook:Currently in a tight range between 2692 and 2700 – a major battle unfolding here! Will it break out soon? Keep those eyes peeled! Downside Alert:If XAUUSD slips below this key range, it could trigger a swift move lower! Targets on the radar: 2680 and 2667. Be ready to act! Upside Potential: On the flip side, if we see a breakout above this zone, it could set the stage for an explosive rally! Next targets in sight: 2704 and 2708. Is the bulls' momentum building? Let’s Chat! What’s your take? Will we see a breakout or a reversal? Drop your thoughts below! Together, we’re navigating one of the most exciting moments in the market! Stay sharp, stay strategic – let’s go for the win!
TVC:GOLD
by luxgoldtrader
2
Amazon: Significant Breakout!The resistance at $189.76 has recently been a major hurdle for the AMZN stock. Since April, the price has essentially been moving sideways along this level, with each breakout attempt being sold off. As envisioned by our primary wave count, the stock has now managed a breakout above $189.76, developing a first impulsive move toward a new all-time high. We expect a more substantial correction only after the larger beige wave III has found its top at a higher level. An earlier sell-off remains possible as part of our 30% likely alternative scenario: this alternative count suggests that the recent peak was the top of the beige alt. b wave, which would lead to a pullback below $145.86 and a fresh low of the overarching blue wave alt. (IV).
NASDAQ:AMZN
by MarketIntel
BTC 4h-48 long forecastBTC looks very bullish on almost any timeframe. structure tells us we could have a pullback soon into unmitigated MB's which act as large SnD zones for those who dont know. MB's tend to have a high % of being mitigated before the long trend can continue. they get mitigated to cover the institutional shorts that made that last move down to liquidate any longs before the pump happened. Of course there isnt always a mitigation and this could very well continue upwards without any for of mitigation but that is something we shouldnt trade as there is very limited RR to capitalize on.
Long
by BreadFish
5
EUR/USD: PAT + VPA 10/21/2024Good morning, I will be monitoring the daily candle close today, anticipating a bullish pullback or reversal to develop over the next few weeks. Several indicators have pointed to this: 1. The weekly chart has surpassed the previous high established on December 25, 2023. Currently, the price is attempting to retest the Demand zone that led to the breakout of that high.. 2. The weekly demand zone is identified between 1.0775 and 1.0825. Pay attention to the key level at 1.080, as it appears to be setting up as a robust support level for the currency pair. 3. The market has declined approximately 400 points since September 27, 2024, showing minimal pullbacks on a daily basis. Notably, this price drop has formed a double top without a genuine next line test. I anticipate that prices will rebound to around 1.100 in the coming weeks. A break below 1.100 could trigger a long-term retracement back to the highs at 1.200. Volume signature indicates that market makers are gradually exiting the trend. The weekly outlook remains bullish and is expected to dominate. It's important to note that the weekly chart is currently retesting the bearish flag it broke out of between June 24, 2024, and August 19, 2024. TVC:DXY OANDA:EURUSD XETR:DAX
Long
by ThePipAssassin
17
Zscaler: Wave (2) Correction! After a rapid rise in early September, the ZS stock managed to reach the highs from August, but there was no significant acceptance at this level. Structurally, the upward movement isn't sufficient for us to consider wave (2) as completed. So far, the bullish signals lack a clear impulsive character, and we expect new lows during the magenta wave (2), which should primarily end above the support at $84.93. Once a trend reversal has been initiated, the subsequent wave (3) should push through the resistance at $251.45. According to our 33% likely alternative scenario, this could also happen directly.
NASDAQ:ZS
by MarketIntel
1
S&P500: More Upward Potential!We still ascribe more upward potential to the S&P’s turquoise wave B – up to the resistance at 6088 points. At this level, we expect a transition into the same-colored wave C, which should push the index down into our green Target Zone between 5110 and 4921 points. Within this Zone, the larger wave should find its final low, which should provide potential entry points for long positions. A stop-loss can be set 1% below this Zone for risk management. However, if the index surpasses the 6088 points mark directly, our alternative scenario (probability: 38%) will come into play: it suggests that the wave low is already in place.
CME_MINI:ES1!
by MarketIntel
1
XOM Stock + The Rocket Booster 3 Step SystemHello there i had one of those days again where I was doubting myself. I kept thinking about the labour market and how people in this market are so lucky because its so easy to have someone give you a paycheck unlike myself, I had to hustle and bust my cheeks to understand capital markets Thank goodness I have developed two systems that I can lean back on.. In fact these systems are so good that I receive buying signals almost every day On average I receive a buy signal in the Dow Jones, SP 500, and NASDAQ every 3 days But only after the market close. My struggle is to be patient and wait for the moves to make money Otherwise, I am seeing these stocks to trade almost every 3 days, That is the advantage of having a trading system you get to see these plays almost every day This is why am able to document almost everyday infact some days there are too many stocks to document about am forced to use video to explain. But let's not get carried away by my trading expertise. I want to show you the key to all my trading systems Its called the rocket booster strategy and it has 3 steps as follows. 1-The price has to be above the 50 MA 2-The price has to be above the 200 MA 3-The price has to gap up. Now you may be thinking "does the price really have to gap up?" The answer is yes it has to go up Now if you want you dont have to follow this system and you can go ahead and develop your own trading system.But if you want something simple to understand then this is the system for you to digest and learn seriously re-read these 3 steps above.. and see how they apply to NYSE:XOM If you want to learn more rocket boost this content Trade safe. Disclaimer Trading is risky you will lose money whether you like it or not please understand risk management and profit-taking strategies.
NYSE:XOMLong
by lubosi
Tesla: Wave [iii] Impulsive Move!Over the past two weeks, Tesla’s stock saw a sharp uptrend followed by a sell-off. We consider the low of the magenta wave as settled and now anticipate a five-part impulsive movement during the magenta wave . Regarding the subwave count, there is more room on the downside for the blue wave (ii), before the subsequent wave (iii) should surpass the resistance at $271. However, in our 30% likely alternative scenario, renewed selling pressure could push the stock below the $167.41 mark and thus toward a new low of the blue wave alt.(II).
NASDAQ:TSLA
by MarketIntel
EUR/GBP: PAT + VPA 11/2/2024Good morning, I will be closely observing the EUR/GBP currency pair on a daily basis, as I expect a bullish pullback or reversal to materialize in the forthcoming weeks. - 1W / Weekly Analysis: The market has recently dipped to a low of 0.839, with current support established at 0.832. The price has tested the 0.832 level multiple times without breaching it, suggesting a diminished appetite for selling at this juncture. Additionally, the presence of significant wicks accompanied by relatively smaller bodies may indicate a potential selling climax. - 1D / Daily Analysis: The daily time frame reveals the formation of a double bottom pattern at the weekly support level of 0.0832. Presently, the price is retesting the recent swing high of 0.84, which represents the latest peak. The price has demonstrated its capacity to remain above the 0.84 threshold, and I anticipate a continued upward movement towards 0.846 in the upcoming weeks. OANDA:EURGBP XETR:DAX TVC:BXY ThePipAssassin
Long
by ThePipAssassin
1
BTC 4 Seasons CycleWhat I came up with is that in the bullphase Bitcoin tops out in Winter/Spring 🟦/🟩 Last cycle we had a double top but you would only miss out on 4-8% while saving yourself the headache of a 50% drop in summer 🟥 In the bearphase we bottom usually in Fall/Winter 🟧/🟦 I dont know how people can call for 48-55k or something else it would take us another year then until Winter to get back up and top out and to drop in 4-6 Months in Summer to the bottom its not usual for Bitcoin to do that. It takes Bitcoin around 350 to 400 Days to hit the bottom you can see it in the picture below
KRAKEN:BTCUSDLong
by Tyrocrypto
HBAR: New Cycle Low?Since HBAR has managed to hold above the low of the orange wave ii and the support at $0.035, we maintain our primary assumption. However, we now need clear bullish signals to confirm this stance. The orange wave iii should eventually reach above the resistance at $0.098. If the price slips below the support at $0.035 (37% probability), we will have to anticipate a deeper low of the magenta wave alt.(2) first. In this alternative scenario, we will then introduce a Target Zone for long entries, which we are currently withholding due to the prevailing downtrend pressure.
BINANCE:HBARUSD
by MarketIntel
1
Decoding the 70,000 Call Strike: What CME Options Are Tell UsAlright, let’s break this down. We’ve seen a significant influx of call options at the 70,000 strike on the CME, which is generally a pretty positive signal. Especially when you consider the recent breakout from a descending broad channel, with prices holding just above that upper boundary. Looks like we’re heading up—clear signal, right? But here’s the kicker: the CME gives us the tools to dig deeper. We can analyze whether that influx at the 70,000 strike is coming in as naked options (which is a good sign) or if it’s part of a more complex strategy. So, what did we find? The 70 000 call options were bought simultaneously with Futures in a 2-to-1 ratio. In other words, we’re looking at a synthetic options portfolio that resembles a "Straddle" . This means they’re betting on volatility, expecting the price to move significantly in either direction—not just sitting still. Plus, there are specific timeframes and expected movement ranges involved. So, what’s the takeaway from this example? I often come across analyses that say, “Calls at this strike are rising, so traders must be feeling bullish.” Not necessarily! Those bought calls could be neatly packaged in a Straddle or even transformed in a Naked Put using Bitcoin futures (what we call a “Synthetic” setup), which would imply completely opposite expectations for price movement. Don’t just take others’ word for it—dive into the basics at least, but ideally, get a solid grasp of the area you’re analyzing before integrating it into your trading system and building your trading plan around it. Stay critical and don’t fall for clickbait headlines! Good luck out there!
COINBASE:BTCUSD
by ClashChartsTeam
What October 25th's Options Portfolio Tells Us About the YenOur analysis of options portfolios from October 25th revealed a Straddle setup on the Japanese yen futures, with a short expiration date set for November 1, 2024. Now, this isn’t exactly a rare sight for the yen; these Straddle portfolios pop up pretty regularly, especially when we’re looking at short expiration periods. From what we've seen, in about 4 out of 5 cases, the quotes tend to hang around the Straddle boundaries and often bounce off them. A recent example? August 5th—prices hit the upper limit at 149.20 (that’s the spot quote) and then bounced back nicely, giving savvy traders a sweet opportunity to jump into a short position on the dollar with a solid risk/reward ratio. So, what's the takeaway here? Use those Straddle boundaries to open positions in the spot/forex market. It makes sense to trade in the direction of the main trend, which means looking for a drop in the yen against the dollar when prices hit that upper boundary—check out #1 for a visual. Now, I can hear the skeptics asking: what's the rationale behind these price movements at the Straddle boundaries? After all, a Straddle is just a straightforward strategy that involves buying volatility and betting on price movement. True, that’s the textbook definition, but it’s just scratching the surface. The real insights and "battle-tested applications" of this strategy are way more intricate than they seem. Stay tuned for our updates, and you’ll definitely uncover the hidden meanings and value of options analysis for the everyday forex trader. Trust me, these insights can give you a real edge in the market. It’s worth your time and effort!
CME:6JZ2024
by ClashChartsTeam