GBPUSD 1.27571 0.07% LONG IDEA MUTLI TF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at The CABLE from HTF - MULTI TIME-FRAME ANALYSIS
GBPUSD DAILY TF
* We've had a week that opened bearish with Thursday & Friday coming with some bullish
momentum.
* The weekly & daily TF show we are still showing signs of a bearish move.
* But seems we may see a reversal before continuation with the bears with the CISD On the D.
* GBPUSD took External range LQ , looking for that internal range LQ to be taken(W FVG).
* We are trading in discount of the move,This is where I would be looking for long entries.
* With PO3 looking to open bearish this week to confirm a move higher into premium PD ARRAYS.
GBPUSD 4H TF
* Looking for the week to open Bearish into the 4h -BB because our HTF BIAS (PO3) Is bullish .
* WEEK open I will probably be looking for long positions OPPORTUNITIES.
* We will see what does the market dish.
* 4H lookin for a push into the +BB (po3) to sell intraday
.
GBPUSD 1H TF
* We saw a rally with the bulls, strong momentum to the upside ON the 1H.
* Looking at the 1H -OB, this is where I would look for LONG entries this week.
* Should this PD ARRAY hold will be Short for the GBPUSD.
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Fibonnacci
USOIL 77.00 +1.28% SHORT SENTIMENT MTF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Wednesday saw strong bullish momentum coming into play, with Thur & Fri cont. this move.
* The weekly & daily TF show we are still trading in a range on the USOIL.
* USOIL took External range LQ, looking for that internal range LQ to be taken.
* We are trading in discount of the move,This is where I would be looking for long entries.
* With PO3 looking to open bullish this week to confirm a move Lower into +FVG on USOIL.
USOIL 4H TF
* Looking for the week to open Bullish into the 4h FVG because our HTF BIAS (PO3) .
* WEEK open I will probably be looking for short positions OPPORTUNITIES.
* We will see what does the market dish.
* On the 4 hourly ERL > IRL.
USOIL 1H TF
* We saw a rally with the bulls, strong momentum to the upside.
* The is a 1H FVG, this is where i would look for short entries this week.
* Should this PD ARRAY hold will be short for the USOIL
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
ZEN/USDT Trading ScenarioZEN has been trading within a sideways range for over 630 days, hovering near price lows around the $5.52 mark. During this period, significant volume accumulation has been observed, as confirmed by the volume profile. Additionally, a notable increase in trading volume has occurred during the formation of this range. As the accumulation phase nears its end, with the onset of altcoin season, there is potential for an upward breakout and subsequent strong price growth. In the current price zone, a buying opportunity may be considered, holding the main position until the 0.5 Fibonacci level or higher, with partial profit-taking along the way.
$BTC1! Fib Simulation of Fractal (UPD)Perceiving the price action as a function of trading time justifies the quantitative approach in drawing geometric relationship between phases of cycles. Hence, it's safe for me to assume that market is a time fractal which has its own path regardless the collective opinions of the market participants. Logistic curve that reflects well the speed of information spreading made me ignore the voices of masses. The principle aligns with EMH - that the condition of the market is already reflected in the current price.
Impulsive and corrective waves are governed by golden rule in one way or the other. That's why I used fibonacci channels to build predictive models which reflect the interconnectedness of composite fractals to the whole cycle. By measuring the extreme levels of historic wave, the derived fibonacci channels exposed the timing, size and probability levels of the next ones.
In regular TA, people are wrongfully focused on covering their immediate expectations from the market, analyzing a narrow data range of the chart. Whereas, Fractal Analysis graphically shows how current price is interconnected with the entire history of fluctuations in a single probabilistic map.
In this update I fused earlier discovered structures and boundaries to the chart
Added more series of fib ratios derived from white triangle (src 0;1)
Linear boundaries of macro-fractal:
Implementation of fibs with big time Intervals:
As violet Fibs:
Other observations:
We're in a big triangle derived by linear extension 2021 tops and Full cycle (COVID - 2022 LOWS)
Source:
Implementation:
(On interactive chart it darkens till intersection)
GOLD SELLAs last we have witnessed a heavy news week as it was ending of month and quarter too but as the month starts and everything gets normalized Gold is following its direction and being directional means gold is following its bearish path as we have a rally downwards last week and gold has made a Fibonacci retracment of 68.1% on one Hourly time frame also gold is rejecting its Daily and 4H Resistance and getting accumulated over it so its high probability that gold will start its downward journey soon
so am keeping an eye and waiting for a price action so we can enter
Bitcoin: Potential 2025 targetsHere you can see the similarities between the last three halving cycles and compare them to the current fourth one.
The blue zones represent when the price has broken the 0.382 fib after a bear market roughly one year before the halving. The price never broke the 0.786 fib before the halving, so I don’t expect the price to go above $50,000 until at least few months after the halving in 2024.
The green zones represent the time from the halving to the peak. The price reached the 1.618 fib in each of the previous cycles (and got a massive rejection). This cycle the 1.618 fib is at $174,000.
The orange zones represent blow-off tops. In the first two cycles the price kept going all the way to the 2.272 fib. In the last cycle it didn’t happen (but it was still a very bullish phase). This cycle the 2.272 fib is at $462,000.
I have copied the price action of the last three cycles and adjusted them to the current fib levels to get a visualization of what we can expect after the next halving. I don’t know what will happen before the next halving, but I expect the price to range between $20,000 and $50,000.
Main target for 2025 is just under $200,000. And maybe we’ll see $420,690 just for the meme.
FAKE BULL SEASON is OVER!As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K.
My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
BTC is approaching its bottom in the 51k areaIt seems that BTC is approaching its bottom in the 51k area, as seen from several indicators including:
1. Fibo 0.618 (goldenratio) correction from impulsive wave from January to March
2. Major support at 51k has not been visited since February
3. Finishing ABCDE correction wave
4. Bottom trendline descending channel formed since March
5. Liquidity heatmap is around 51k
6. CME gap at 58k has been filled, and another gap has emerged above in the 59.5k - 62k area
7. Fear and greed at 26 (FEAR)
Never Underestimate A Simple Setup USDCHF +120 Pips Update: simple and easy setups sometimes are the best so never underestimate ur trade and have second thoughts about it on 2 conditions:
1- u enter from strong area of resistance or support.
2- u don't enter against the trendline or the general direction of the pair.
the price is creating very decent waves and also it will hit 71% fib level that will be at the same are of the trendline so putting a sell trade around this are will be great opportunities
Long way to go from here
Current situation: SKILLING:US100 : NASDAQ:SMCI is currently at support level.
Potential scenario: If tomorrow's earnings do not meet expectations, the stock could drop to around $450 in a heartbeat.
Why?
1. The movement that started on 4.03.2024 appears to be an ABC correction, and the stock is currently in wave C of that correction.
2. In an ABC correction, the most common Fibonacci level for wave C is when
Wave C = Wave A = 1 = $446
3. Other indicators, such as MACD, are also indicating a downward trend as expected.
The WavesInvesting indicator is also pointing to the same level as the Fibonacci ratio for its lower channel line.
However, if the earnings turn out to be very good, we may see support at the current level.
Simple question for you: support or down the water slide we go?
Bearish on GER30 Dax, read the texts following the numeric orderThe chart itself is self explanatory.
German Dax is due for a correction and it has already created a:
1. Triple Top on the weekly time frame
2. H&S on the weekly time frame
The price is expected to retrace down to the monthly/weekly fibonacci golden zone level (0.5 to 0.618), which also coincides with a strong support (formerly resistance) area.
#DAX #GER30 #GER40
Tejas Networks Posts Strong Q1, Awaiting BreakoutTEJAS NETWORKS reports strong Q1 results with significant net profit, substantial revenue increase, and solid EBITDA profit. Technically, the stock is consolidating after an uptrend, retracing from the 38% Fibonacci level, and is poised for a breakout above 1495 INR.
USD/JPY - Expect Buyers above 156.78The Primary trend in the Dollar-Yen 4hrs timeframe is still Bullish, we can see a completed Bullish wave structure. If we apply the trending market truth it says the trend will not change easily. Also, a reversal is not a trend change.
What we can see is normal behaviour in a trending market, the price has become too high at the Momentum high (5), the buyers took profit and we saw a strong decline.
The play is to buy if the price trades above 156.78, this is the price point that confirms the last Bullish run.
The Minimum Target is 159.02.
Stop Loss is 156.05
$TSLA not done going higher. $320-$330 by July 24. GET LONGSo we already know that Tesla deliveries came in 9000 more than what was expected, 438,000 expected verse 447,000 that Elon Musk posted on Twitter a couple weeks ago. Last quarter earnings per share of $.47 was slightly missed, and on July 23 they’re expected $.60 per share earnings. So IMO, That could indicate that even a slight earnings beat on revenue and earnings, would propel the stock to complete wave three at 2.618 Fibonacci level.
never mind, the whole Robo-taxi delay, which caused an 8% decline on Thursday along with the rest of the Big tech Nasdaq. I don’t think robotaxi is realistically a factor in their valuation just yet.