is the Trumph speech boost the Index? n is Wednesday the humpdayHello everyone! How was yesterday trade? Hope everyone stick to the strategy set the SL/TP for your day trade.
News📰 : as expected and anticipate more positive news this week 🔮
www.tradingview.com
**China shares waver, HK bounces as Beijing vows more support for consumption, AI**
HSI +1.30% at this news published.😂
Look at the HSI D Chart
- posted 28Feb2025
at point of writing; the index closed below key support level of 22900-23000 (the strong level of 23000 which is the 10MA level, the uptrend is broken 28Feb25); as mentioned this level has been retest 3 times, let's continue to monitor.
However, today the Index open Hi. So trade ⚠ cautiously. Don't chase Hi.
Trading volume: finance.yahoo.com
Date Volume
Mar 3,2025 4,338,200,000
Feb 28, 2025 6,578,300,000
Feb 27, 2025 6,257,000,000
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Monthly
Mar 1 2025 - 4,338,200,000 (as of todate)
Feb 1 2025 - 93,960,700,000 (+7.53% from prev month)_correction
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightly less than the last Oct 2024.
Look at the 4H chart
PEPPERSTONE:HK50
The HSI last Oct Hi @ 23241 has been broken, this level could be the resistance level for the Index to break the next level Hi. The HK50 last Oct Hi @ 23258.
Now, what's next?
As updated:-
Next level that we are looking at to break:
20985
21336-21350
22020-22535, 22840-22900
23241-23275-23314- 23471 (need to break above this level to change back to uptrend movement, else probably is gonna be sideways)
23952-24101
24385
🚨 as of ✍️ :
it stays above 22535(retest 3 times and this might formed very strong support level).
🗝️ support level :
22990 broken :22340-22750 (this level being tested 3 times 17,20Feb & 4Mar; last tested at 22535.3)
MACD - Deadcross was marked in Green, continue to curving down (4h Chart)
KDJ - Reverse to Bullish green zone on 4Mar25; the CFD continue to trading the upwards trend till now.
BB - Still within lower BB channel and gap up trading at upper BB channel/
the Mid-line 4H chart at 22960-975 was corrected from 23320.
Trade Plan: might pullback to 23020 to fill the gap. Range : 23025-23258
Buy into support : 22880-22960(confirm with indicators)
Sell at resistance : 23150, 23190, 23372/400, 23454,23512(it soared to hit ,this morning)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵 for profits.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
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Chart Patterns
Finer Market Points: ASX Top 10 Momentum Stocks: 5 Mar 2025 ASX:ORD EURONEXT:EVS NYSE:BSX NYSE:CRS EURONEXT:DHG NYSE:SGI ASX:DRE LSE:MYX NYSE:NAN ASX:EOL Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Ordell Minerals Limited (ORD) Envirosuite Limited (EVS) Blackstone Minerals Limited (BSX) Caprice Resources Limited (CRS) Domain Holdings Australia Limited (DHG) Stealth Global Holdings Limited (SGI) Dreadnought Resources Ltd (DRE) Mayne Pharma Group Limited (MYX) Nanosonics Limited (NAN) Energy One Limited (EOL)
ICICI Bank: Is Another 30% Slide Around the Corner?The weekly chart of ICICI Bank reveals an intriguing historical pattern. Since 2008, the stock has experienced at least six significant corrections, each exceeding 30% from its peak. Despite its robust long-term uptrend, these periodic downturns highlight the cyclicality of market behavior and investor sentiment.
Key Observations from the Chart:
Historical Drawdowns:
The stock corrected 76.93% in 2008 during the global financial crisis.
Subsequent corrections were smaller but still significant, ranging from 25.93% to 54.05%.
The last substantial dip occurred in the COVID-19 market crash.
Current Sentiments:
The stock appears to be trading near its historical highs, but the overall market mood remains weak.
The Stochastic RSI is nearing the oversold zone, a signal that has often preceded sharp declines in the past.
The Macro Backdrop:
High Inflation: Persistently elevated inflation is eroding consumer spending and corporate margins.
Higher Interest Rates: Central banks worldwide are maintaining a tight monetary policy, which could hinder credit growth and profitability for banks.
Low Earnings Growth: ICICI Bank’s recent earnings have failed to excite the market, casting doubts on its ability to sustain high valuations.
FII Selling Pressure: Foreign Institutional Investors (FIIs) have been consistent net sellers, further weighing on the stock price.
Speculative Outlook:
Given the confluence of weak market sentiment, macroeconomic headwinds, and the stock's historical tendency to correct sharply after extended rallies, a potential 30% downside cannot be ruled out. The key support zones to watch are the 50-week moving average and the 200-week moving average, which have acted as reliable floors during previous corrections.
SIP Opportunity:
Should the stock break below its 50-week moving average, this could present a good opportunity for investors to accumulate shares in a SIP mode. The 50-week MA often acts as a psychological and technical support, and a breach could allow long-term investors to enter at attractive valuations.
Key Levels to Watch:
Immediate Support: ₹1,200-1,190 (50-week MA)
Deeper Support: ₹913-915 (200-week MA)
Conclusion:
While ICICI Bank remains a fundamentally strong player in the Indian banking space, the short-term outlook appears challenging. Traders and investors should brace for potential volatility and look for buying opportunities closer to historically significant support levels. SIP investors, in particular, can benefit from phased accumulation during corrections.
5 Reasons To Use Break Out And Continuation Patterns In TradingWhen you are trading you
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Shorting EURUSD Over the past several months, the EUR/USD pair has experienced substantial volatility due to a range of factors, including the European Central Bank (ECB) and Federal Reserve monetary policies, inflationary pressures, and global economic uncertainty. Following a period of significant bullishness, the pair has started to show signs of exhaustion, with recent price action suggesting that the uptrend is weakening.
The EUR/USD has been testing key resistance levels, and while it has managed to push higher at times, it has failed to sustain these advances. With lower highs and increasing signs of price fatigue, there is growing evidence that the market is ready for a pullback or even a reversal in the near term.
To assess the potential for a short trade, it’s important to understand the critical levels that will determine the direction of the market.
Resistance Levels: The 1.07000 area stands out as a significant resistance zone. This level has proven difficult for the Euro to break above consistently, and each time it approaches this area, it seems to lose momentum. This resistance has been tested several times in the past, and traders are watching closely to see if the market can break above it.
Support Levels: On the downside, the 1.04179 level is of particular interest. This level has been a key support point in recent months, and a break below this level could confirm the start of a significant downward move. Given the current market conditions, if the pair fails to hold above the support, it could easily target the 1.04179 zone.
Nightly $SPY / $SPX Scenarios for March 5, 2025🔮 🔮
🌍 Market-Moving News 🌍:
🇨🇳📉 China's Manufacturing Activity Contracts 📉: China's official Manufacturing Purchasing Managers' Index (PMI) fell to 49.9 in February, down from 50.1 in January, indicating a contraction in manufacturing activity for the second consecutive month. This downturn raises concerns about global economic growth and could impact markets worldwide.
📊 Key Data Releases 📊:
📅 Wednesday, March 5:
📄 ADP National Employment Report (8:15 AM ET) 📄:
Forecast: +160K jobs
Previous: +183K jobs
This report provides a monthly snapshot of private-sector employment, offering insights into labor market trends ahead of the official government employment data.
🏢 ISM Services PMI (10:00 AM ET) 🏢:
Forecast: 53.0
Previous: 52.8
This index assesses the performance of the U.S. services sector. A reading above 50 indicates expansion, while below 50 signifies contraction.
🏭 Factory Orders (10:00 AM ET) 🏭:
Forecast: -0.5%
Previous: +1.2%
This report details the dollar level of new orders for both durable and non-durable goods, providing insight into manufacturing demand.
⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(XAUUSD) trading signals technical analysis satup👇🏼
I think now (XAUUSD) ready for( BUY )trade ( XAUUSD ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (2892) to (2894) 📊
FIRST TP (2898)📊
2ND TARGET (2902)📊
LAST TARGET (2907) 📊
STOP LOOS (2886)❌
Tachincal analysis satup
Fallow risk management
BTC Ready for a Big Move? Harmonic Pattern + Resistance BreakoutTechnical Breakdown:
#BTC is forming a harmonic pattern on the 30-minute time frame, signaling a potential bullish reversal.
Bullish divergence is developing, which strengthens the case for an upward move.
The key resistance level is acting as a barrier. A break and close above this level will confirm a bullish breakout.
Trading Plan:
🔹 Wait for bullish divergence confirmation.
🔹 Monitor the breakout of resistance.
🔹 If a candle closes above resistance, enter a long position with proper risk management.
🔹 Target levels: 93700
🔹 Stop-loss below recent lows for a safe risk-reward ratio.
What do you think? Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for more real-time trade ideas, setups, and market insights!
US oil consolidation breakdown alert trend Sell continue channel📉 USOIL Price Forecast – Channel Downtrend & Breakout Alert! 🚨
🔹 Market Overview:
USOIL remains in a channel downtrend, with a bullish retest at $70.00 - $70.60 before continuing its downward move. After a sideways consolidation, the market broke down with a strong bearish candle, signaling further downside potential.
🔹 Key Levels to Watch:
✅ Retest Zone: $70.00 - $70.60
✅ Sell Entry: $68.80
✅ Target: $68.00 → $67.00
📌 Trading Strategy & Risk Management:
✔ Follow the trend – momentum favors sellers
✔ Protect your capital – control stop loss
✔ Stick to the trading plan
📢 Stay updated with real-time market insights, VIP trade setups & profitable strategies!
💬 Like, Comment & Follow for more expert analysis! Let’s win together! 🚀
$HOOD has Bottomed Out Using My Favorite Technical PatternWhy is it that broken lines of resistance being used as new support (works vice-versa as well)? Because it works virtually every time! 😏🏆💯
We had sizable 3/21 NASDAQ:HOOD puts in the WAVE$ Portfolio for the past week, and early this morning we locked-in a 4X profit. 🙏🏼🔒💸
We then used those put-profits to shark up some more NYSE:UBER and NASDAQ:RIOT call options, and establish a NEW call options position on $HOOD. 📈📈📈🦈
I think that NASDAQ:HOOD has bottomed out following that re-test of broken resistance (yellow trend line), and although it may take a bit to see new highs, I think that we'll be seeing mostly upside from here. ⚓️✔️
-Royce 🤙🏼
SOL/USD WHICH WOULD U PREFER?Price didnt make new LL's and returned...so we will be looking for a buy trade but with caution!! dont make decisions too quick! wait for confirmation, and enter AFTER the market tells you its okay! dont rush, wait for right confirmations and than enter. And never forget trend is your friend and always check higher TF's.
DXY will go first to 95 and then 86.Hi, another dollar index DXY chart today.
You can make many predictions about how the world will be in the future, I have all just cycles + structures and charts.
At this point, that opinion may not be in line with those policy statements by world leaders. But we're not here to discuss politics.
Best regards EXCAVO
AUD/CAD - we reached key level - time to test the sellers!Hi guys we are looking into AUD/CAD today , the pair has reached a very key level , which there is close to no support to the upside, the analysis has been made on 1H and 4H time frames.
Additionally we can see that the RSI has reached very high overbought levels also overviewed on 1H and 4H time frames.
Entry: 0.90300
Target: 0.89600
SL: 0.90650
R/R - 1:2
GBPJPY DECSEDING CHANNEL TREND 📉 GBP/JPY Trading Analysis – 4H Timeframe 📈
GBP/JPY has been consistently following a descending channel, showing bearish momentum.
The current market price is 188.615, with potential for further movement.
A key entry level is identified at 187.300, aligning with technical support.
The target area is set at 191.100, reflecting potential bullish reversal.
EMA 50 serves as a crucial dynamic resistance in the 4-hour timeframe.
If the price retests 187.300, it could provide a strong buying opportunity.
A break above the descending channel may signal trend reversal.
Risk management is essential, with a stop loss placed below 187.000.
Bullish confirmation will be stronger if candlestick patterns support upward movement.
Market sentiment and fundamentals should also be considered.
A breakout above EMA 50 could confirm a bullish trend shift.
Price action near key resistance levels will determine further movement.
If momentum weakens, consolidation may occur before further upside.
Traders should monitor volume and volatility for confirmation.
Patience and discipline are key for a successful trade execution.
#GBPJPY #ForexTrading #TechnicalAnalysis