NVIDIA (NVDA): Breakout Levels in Sight!Good morning, trading family!
NVIDIA ( NASDAQ:NVDA ) is getting close to a key resistance level at $141.87. Here’s what could happen:
If the price breaks $141.87: We might see it move up to $150 and even $158 if the momentum stays strong.
This is an exciting setup, so keep an eye on how the price reacts. Let’s stay focused and trade smart!
Wellness Tip of the Day: Start your morning with a healthy breakfast. A mix of protein (like eggs or yogurt), healthy fats (like nuts or avocado), and slow carbs (like oatmeal or whole-grain bread) will give you steady energy and help you make sharp decisions all day.
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Kris/Mindbloome Exchange
Trade What You See
Chart Patterns
Gold at a Crossroads: Key Correction to Avert Deeper DeclineXAUUSD Analysis: Navigating a Complex Gold Market Amid Volatility
The XAUUSD pair is currently navigating a critical juncture as it tests key zones of interest within an ongoing counter-trend correction. This comes after successfully breaching a significant resistance level earlier. However, the broader market landscape remains challenging, with bearish sentiment taking the forefront.
Fundamental Overview
The downward pressure on gold is largely driven by a combination of factors, primarily stemming from the Federal Reserve's hawkish stance. Persistent concerns about inflation, the uncertain trajectory of Trump's future policy, and mixed economic data from the past two weeks have all contributed to a negative outlook for the yellow metal.
One critical point to note is the speculation surrounding the Federal Reserve's approach to monetary policy in 2025. The cycle of interest rate cuts, initially expected to be more aggressive, now appears to be slowing, with projections indicating only two potential cuts for the year. This cautious stance has diminished gold's appeal as a safe-haven asset, adding to the bearish tone in the market.
The correction observed on Friday was largely influenced by the release of PCE (Personal Consumption Expenditures) data, which acted as a temporary catalyst for price movement. However, this correction does not appear sufficient to alter the broader bearish narrative. As the year draws to a close, liquidity in the markets is expected to decline further. This seasonal trend could exacerbate volatility, particularly if assets become mispriced in thinner trading conditions. Traders are advised to exercise heightened caution during this period.
Despite the prevailing bearish sentiment, it is essential to acknowledge the ongoing geopolitical risks that continue to underpin the gold market. Escalating tensions in the Middle East and Eastern Europe have provided a degree of support, acting as a counterbalance to the otherwise negative fundamental backdrop.
Technical Analysis
From a technical perspective, gold appears to be forming a flag pattern following its recent sharp decline. The price is currently trading within the boundaries of this consolidation pattern. For traders, the critical focus should be on the local channel's support and resistance levels, as they will likely dictate the next significant price movement.
Resistance Levels:
2620: A pivotal level where bearish momentum could intensify if broken and defended by sellers.
2631: Secondary resistance that could act as a hurdle for any upward attempt.
2640-2650: This zone could serve as a testing ground if the price attempts to break above the channel resistance.
Support Levels:
2606: Immediate support level that may provide short-term stability.
2560: A deeper support level, which, if breached, could signal a more substantial downside move.
The 2620 level deserves particular attention. Should sellers manage to push the price below this threshold and maintain control, it could significantly amplify bearish pressure, potentially triggering a more pronounced price drop. Conversely, the possibility of a breakout above the flag pattern's resistance cannot be entirely dismissed. In such a scenario, the price might retest the 2640-2650 zone before resuming its downward trajectory.
Market Outlook and Final Thoughts
As we approach the final stretch of the year, market participants should prepare for heightened volatility fueled by reduced liquidity. Mispriced assets during this period could lead to unexpected price swings, making risk management a top priority. While the bearish narrative remains dominant, traders should remain vigilant for any developments that could shift the balance of power, including geopolitical escalations or unexpected shifts in monetary policy.
In summary, the gold market presents a complex mix of technical setups and fundamental drivers. Navigating this environment requires a careful balance of short-term tactical positioning and a broader understanding of the macroeconomic landscape. Keep an eye on key levels and stay prepared for potential surprises in this volatile market.
Bearish drop?USD/JPY is reacting off the pivot which has been identified as a pullback resistance and could drop to the 1st support which aligns with the 38.2% Fibonacci retracement.
Pivot: 157.85
1st Support: 154.75
1st Resistance: 161.80
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BTC/USDT "Bitcoin Tether" Crypto Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USDT "Bitcoin Tether" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 86,500 (or) Escape before the goal
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
XAUUSD H1 I Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 2620.44, which is a pullback resistance aligning with a 50% FIbo retracement.
Our take profit will be at 2600, an overlap support level.
The stop loss will be placed at 2636.34, a pullback resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
BTCUSD ANAYLSIS ( MUST READ CAPTION )Hello Trader's
check out my anaylsis on btcusd and also share your idea on this in comment section and don't forget to follow and boost
Key Points from the Chart:
Timeframe: 1-hour chart (1h)
Current Price: Approximately $94,000
Resistance Zone: Around $102,000
Target Area: $99,000
Entry Point: $94,000
Stop Loss: $91,600
Resistance Zone: Between roughly $102,000 and $104,000. This is an area where the price has previously struggled to break through.
Target Area: Around $99,000. This is the analyst's predicted price target.
Stop Loss: $91,600. This is the price level at which the trader would exit the position to limit potential losses.
Target:
The analyst has identified a target area of $99,000. This is the price level they expect Bitcoin to reach in the near term.
Entry:
The entry point is marked at the current price of $94,000 This means the analyst suggests entering a long (buy) position at this level.
Important Considerations:
Stop Loss: The stop loss is placed at $91,600. This is a crucial risk management tool. If the price of Bitcoin drops to this level, the trade will be automatically closed to limit potential losses.
Resistance Zone: The resistance zone around $102,000 could act as a barrier to further upward movement.
Technical Analysis: This analysis is based on technical indicators and chart patterns. It's important to remember that technical analysis is not foolproof and market conditions can change rapidly.
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Ada the fastest blockchain in the world.Ada recently demonstrated a whopping 1 million TPS. I’ve always been a fan of Cardano for its reliability. With unlimited potential and adoption Ada can see a significant rise against usd in the coming years. I don’t believe in EOY predictions simply because manny obstacles stand in the way of crypto adoption. DYOR!
GOLD Will Fall! Short!
Take a look at our analysis for GOLD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2,618.93.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,576.56 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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DXY head and shoulders pattern formation
The Head and Shoulders pattern is a popular and reliable chart pattern used in technical analysis to predict potential reversals in market trends. It consists of three peaks: the middle peak (the "head") being higher than the other two peaks (the "shoulders").
Key Elements of the Head and Shoulders Pattern:
Left Shoulder:
Price rises to a peak and then declines.
This peak forms the first shoulder.
Head:
Price rises again to form a higher peak and then falls.
This peak is the head and is the highest point of the pattern.
Right Shoulder:
Price rises again, but this time to a lower peak (similar to the left shoulder) and then declines.
This peak forms the second shoulder.
Neckline:
A trendline drawn between the low points of the left shoulder and the right shoulder.
Acts as a key level of support or resistance.
$TSLA Trade Analysis DarkPoolsOverview of Chart
The updated chart for TSLA shows additional volume information, key pivot levels (R1, R2, R3, P, and S1), and dark pool prints, which provide a clearer picture of institutional activity and support/resistance zones. The chart continues to reflect the stock's bullish trend but highlights a potential consolidation phase around critical resistance.
Key Observations
Trend Continuation with Consolidation:
TSLA remains in an uptrend, with the price still above the 8 EMA (white line), which acts as a short-term dynamic support.
However, the current candles indicate consolidation near the R2 pivot level ($443.60), where selling pressure is evident.
Dark Pool Prints and Institutional Activity:
The dark pool print at $436.17 (1.6M shares) remains a critical support level. This suggests institutional interest in this price area, likely acting as a floor for further pullbacks.
Holding above this level confirms bullish sentiment. A failure to hold this level could accelerate a bearish pullback toward lower pivot levels.
Volume Analysis:
The chart now shows elevated volume on recent red candles, which suggests increased selling pressure near resistance levels.
Notably, the volume spike is not overwhelmingly bearish, indicating potential profit-taking rather than a complete reversal of the trend.
Pivot Levels and Support/Resistance Zones:
Immediate Resistance: The R2 pivot ($443.60) is acting as a ceiling for TSLA's recent upward momentum. Breaking this level could result in a move toward R3 ($514.82).
Immediate Support: The dark pool level ($436.17) and the 8 EMA align as immediate support levels. Below this, the R1 pivot ($391.77) and 21 EMA ($393.86) represent the next significant supports.
Bearish Divergence Risk:
While the overall trend is bullish, the consolidation near R2 and elevated selling volume suggest a potential pullback if support levels fail to hold.
Trade Plan
Bullish Scenario:
Entry: A confirmed breakout above the R2 pivot ($443.60) with increasing volume. Ideally, a daily close above this level will confirm the breakout.
Targets:
First Target (T1): $456 (recent swing high).
Second Target (T2): $514.82 (R3 pivot).
Stop Loss: Below the dark pool level ($436.17).
Bearish Scenario:
Entry: If TSLA closes below $436.17 and the 8 EMA, indicating a loss of short-term bullish momentum.
Targets:
First Target (T1): $413 (pivot support).
Second Target (T2): $393.86 (21 EMA).
Stop Loss: Above the R2 pivot ($443.60).
Additional Considerations
Risk Management:
TSLA is volatile, and trades should consider position sizing and stop-loss placement to manage risk effectively.
Monitor the overall market sentiment (e.g., SPY, QQQ) for confirmation of broader trends.
Institutional Influence:
Keep an eye on how the price reacts to the dark pool print at $436.17. Institutional support or rejection here will guide the next move.
Broader Market Factors:
Tesla's price can be influenced by sector-wide news (e.g., EV market trends) and macroeconomic factors (e.g., interest rates or broader tech sentiment).
BTCUSD potential SHORT after at least the 1H FVG is retested.I am planning a potential short on BTC/USD after a retest of the 1H Fair Value Gap (FVG). I will wait for a bearish Change of Character (CHOCH) on the 15m trend before entering. The first target is $91,510 , and the final target is $89,392 . This is not financial or investment advice.
BTC vs USDT.D - Who Follows Whom?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
I always keep an eye on USDT.D to gauge the overall sentiment of the crypto market.
📚 Today, I want to demonstrate the correlation between BTC and USDT.D:
- A couple of weeks ago, BTC was rejected at the $108,000 zone, while USDT.D bounced off the 3.6% support.
- BTC is currently hovering around the lower bound of its rising wedge, while USDT.D is approaching the upper bound of its falling wedge.
- As long as BTC doesn't close a full day below the blue trendline and USDT.D doesn't close a full day above the upper red trendline, this phase can be considered a correction.
- Conversely, if both trendlines are breached, expect a momentum shift, potentially leading to a deeper bearish movement in the crypto market.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURUSD Strategic Outlook 2025: 0.9000 end of year target🔸It's time to update the EURUSD outlook, this is weekly price chart, downtrend is well defined since 2012 and we recently got a strong rejection after distribution
🔸Based on technical outlook, EURUSD is set to hit 0.95 by summer 2025 and end the year at 0.9000. I don't see any upside beyond 1.05 in 2025.
🔸The key reason for further decline in EURUSD: Strong DXY, strong political leadership and weak political leadership in EU / weak economy. Below there is a summary of why EU zone is set to decline further based on fundies.
🔸Slow Economic Growth: The Eurozone has faced relatively sluggish economic growth compared to other regions. Factors like low productivity growth, weak domestic demand, and a high dependency on exports to slower-growing markets (such as China) contribute to this. Slow growth impacts investor sentiment and reduces the demand for the Euro.
🔸Demographic Issues: The Eurozone is dealing with an aging population, particularly in countries like Germany, Italy, and Spain. This demographic shift results in a shrinking labor force and increasing pressure on social services and pension systems, which weakens economic growth potential.
🔸High Energy Prices and Inflation: The Eurozone has been significantly impacted by energy price fluctuations, particularly following the geopolitical tensions related to Russia and Ukraine. High energy costs put a strain on businesses and consumers, eroding purchasing power and dampening economic activity. Additionally, inflation remains a challenge in many Eurozone countries, complicating the ECB's ability to stimulate growth without triggering further inflation.
🔸Geopolitical Tensions: The ongoing war in Ukraine, energy disruptions, and broader geopolitical risks have hurt European economies more severely than other regions. The Eurozone's reliance on Russian energy made it especially vulnerable to supply shocks, and the economic sanctions against Russia created ripple effects that continue to affect the region.
🔸Structural Issues in the Eurozone: The Eurozone faces structural challenges such as uneven economic conditions between member states, fiscal constraints (due to the Eurozone's common monetary policy), and a lack of fiscal unity. While Germany and France may have relatively strong economies, countries like Italy and Greece still struggle with high debt levels and low growth, which can drag down overall Eurozone performance.
🔸Tight Fiscal Policies: The EU's fiscal rules restrict how much debt individual member states can take on, which limits governments' ability to use fiscal stimulus to respond to crises. This can exacerbate economic stagnation and prevent the region from achieving sustainable growth.
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.