Chart Patterns
The Market Matrix - Gold, Crude, Nasdaq & DXY for Jan 26 2025This weeks edition of The Market Matrix.
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TESLA Trading Opportunity! BUY!
My dear friends,
My technical analysis for TESLA is below:
The market is trading on 406.51 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish ) continuation.
Target - 414.50
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURAUD Downtrend
In the 4H Chart, the pair is currently making a sideways correction of wave X, and we should target lower prices for wave Y.
Green support level around 1.645 is an interesting target.
Alternatively, wave X could still be in progress, and we would see upside grind before the drop. I consider the first scenario to have a higher probability.
XRP has found its fly zone! XRP has blasted through the 0.5 Fibonacci resistance level at 3.11!
This "breakout" (lets not get too excited here LOL) signals a potential trend reversal and further upside for this popular crypto.
Here's what the chart tells us:
Breakout: XRP surged past the 3.11 resistance with bullish momentum and has maintained price above it for a number of hours.
Fibonacci Confirmation: The 0.5 Fib level often acts as a significant pivot point, and breaking above it adds to the bullish case.
Potential Uptrend: This breakout could mark the beginning of a new uptrend for XRP.
Next Targets: Keep an eye on the next Fibonacci extension levels (0.618, 0.786) for potential price targets.
What's fueling the impending surge?
Several factors could be contributing to XRP's recent strength, including:
Positive market sentiment: The overall crypto market has been showing signs of recovery, with Bitcoin leading the way.
Increased adoption: XRP continues to gain traction in cross-border payments and other use cases.
Favorable regulatory developments: Recent regulatory clarity in some jurisdictions could be boosting confidence in XRP.
Trade Idea:
Entry: Consider entering a long position on a pullback to the 3.11 level (now acting as support). (this is my ideal entry place)
Stop-loss: Place a stop-loss below the recent low or the previous resistance level.
Targets: Aim for the next Fibonacci extension levels.
**Disclaimer:** This is not financial advice. Always do your own research and manage your risk appropriately.
#XRP #Crypto #TechnicalAnalysis #Breakout #Fibonacci #Trading
USOIL - Potential long position !!Hello traders!
‼️ This is my perspective on USOIL.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect price to reject from bullish OB after filling the imbalance.
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US30 Will Grow! Long!
Please, check our technical outlook for US30.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 44,032.57.
Taking into consideration the structure & trend analysis, I believe that the market will reach 44,606.36 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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China stocks ready to go? #DeepSeek another reason..This is a chart of the benchmark index for Hong Kong - HK50
It's up on Monday, while Nvidia is down 10+%
If funds are flowing out of Nvidia - China (home of DeepSeek) could be one place they end up.
The Hang Seng is a perfect example of how long a trend can take to reverse.
How many times would traders have tried to go long this index only to see it slump right back towards the bottom?
Now while this trend reversal might be delayed further - and might fail altogether - we think there is enough evidence to suggest a reversal is happening.
The price is above a rising weekly 30 week SMA
A long term trendline has broken
Crucially - the price made a double bottom pattern around 15,000
DAILY CHART
On the daily chart we see the strong surge in buying interest from September has given way to a long multi-month correction.
We are looking for a breakout above the down trendline to demonstrate the correction has finished and a new up-leg is beginning.
The final confirmation would come from a break of resistance (not drawn) from the November and December highs at 21,350.
Should the price turn lower and make a new fractal low under 19,650 then we’ll have to wait a bit longer for the Hang Seng trend reversal.
But - as always - that’s just how the team and I are seeing things, what do you think?
Share your ideas with us - OR - send us a request!
Apple (AAPL) Stock Price Analysis: Worst Start to the Year SinceApple (AAPL) Stock Price Analysis: Worst Start to the Year Since 2008
On 27 December, while analysing Apple (AAPL) stock, we noted: "Traders should consider the possibility of a pullback below the key psychological level of $250, with the price potentially retreating to the lower purple boundary."
A month later, Bloomberg reports:
→ By the close of trading on Friday, 24 January, the company's shares had fallen 11% since the start of 2025, marking the worst performance among the "Big Seven" companies.
→ This represents the worst start for AAPL shares since 2008, when the global financial crisis was in full swing.
→ Apple has also significantly underperformed the S&P 500, which has risen approximately 3.7% this year and hit a new record high earlier this week.
Can the bulls reverse this disappointing trend?
Technical Analysis of the AAPL chart shows:
→ The price remains within a broad ascending channel (which began in June when the company unveiled its Apple Intelligence tools), but it has now fallen into the lower half of the channel.
→ After briefly dipping below the November low at $219.50, the price recovered – a bullish sign of a Liquidity Grab, suggesting that Smart Money may be turning bullish.
Given this, it is reasonable to expect the downward trend to weaken, with market participants likely adopting a wait-and-see approach ahead of the company’s quarterly earnings report, scheduled for 30 January.
Wall Street analysts are optimistic, forecasting earnings of $2.35 per share and gross revenue of $124.2 billion (compared to $0.97 per share and $94.93 billion in the previous quarter).
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GBPAUD BUY Trade Plan with alternative (High Probability Setup)Trade Plan (High Probability Setup)
🟢 BUY SCENARIO (Breakout Above 1.9725 - Trend Continuation)
✔ Entry: Above 1.9725 after a retest
✔ Stop Loss: Below 1.9680 (Safe zone under previous structure)
✔ Take Profit Targets:
TP1: 1.9750 (First resistance)
TP2: 1.9800 (Round number & liquidity zone)
TP3: 1.9850 (Higher timeframe resistance)
🎯 Risk-Reward Ratio (R:R): 1:3 to 1:5 (High probability setup)
🎯 Confidence Level: ⭐⭐⭐⭐ (4/5) – Strong confluences but requires breakout confirmation.
📌 Execution Strategy:
Wait for an H1 close above 1.9725, then enter on the retest.
Avoid entering if price wicks above but fails to hold structure.
ALTERNATIVE:
🔴 SELL SCENARIO (Rejection from 1.9720 - Range Reversal)
✔ Entry: Below 1.9700 after a strong bearish rejection candle
✔ Stop Loss: Above 1.9740 (Above liquidity grab)
✔ Take Profit Targets:
TP1: 1.9650 (Mid-range support)
TP2: 1.9600 (Key demand zone)
TP3: 1.9550 (Major swing low)
🎯 Risk-Reward Ratio (R:R): 1:3 to 1:5 (Strong reversal trade)
🎯 Confidence Level: ⭐⭐⭐⭐ (4/5) – Requires strong rejection at resistance.
📌 Execution Strategy:
Look for bearish engulfing or strong wick rejection on H1/H4.
Sell only if price struggles to break 1.9720 multiple times.
Final Thoughts (Institutional Approach)
📌 What I would do as an Institutional Trader:
✔ Priority: Buy above 1.9725 if it confirms a breakout.
✔ Alternative: Sell below 1.9700 if rejection is strong.
✔ NO TRADES if price remains choppy between 1.9700 - 1.9720.
🎯 HFT Trading System Integration:
🚀 This setup aligns with SMC, ICT, and Liquidity Engineering principles.
🚀 Our system will filter out low-quality setups and only trigger when all confluences align.
🔥 Conclusion:
➡ Primary bias: Bullish breakout above 1.9725 (Continuation play).
➡ Secondary bias: Bearish rejection below 1.9700 (Reversal trade).
➡ Waiting for confirmation – NO premature entries.
🚀 Trade smart & execute with precision! 🎯🔥
ADAUSDT| Long Position OppertunityAs you see price is testing the lows with a very low volume that means its a purge. Now I like to see this weekend for long position. On Monday selling orders are going to absorb and then I go for long position on Tuesday or Wednesday once my setup is complete.
Stay tunned, I will update you the position.
BTCThe Bitcoin price dropped heavily today, experiencing a 5.55% decline, with a current price of $98,000 This downturn may be attributed to various market and economic factors.
Several possible reasons for this price drop include:
- Market Volatility: The cryptocurrency market is known for its volatility, with prices fluctuating rapidly due to various factors, such as changes in supply and demand, investor sentiment, and global economic conditions
- Investor Sentiment: A shift in investor sentiment, potentially driven by negative news or events, may have contributed to the price decline .