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XAUUSD Buy DirectionHi Traders
What's are your thought about GOLD ?
XAUUSD in the time frame 30Mint price will expected to falling movement market will open and accepted current points price will breakout 2674 and decent support will be 2762 if the price will break from these levels then next support would be 2752 keep fallowing these points and make profit with scalping trade use must proper risk management.
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DOTUSDTRange Breakout: The pair has been trading within a range, and the breakout from this range signals potential bullish momentum. A breakout indicates that the price is ready to move out of its consolidation phase, with buyers now in control.
RSI Bullish Divergence: The Relative Strength Index (RSI) indicates a bullish divergence, meaning while the price was making lower lows within the range or downtrend, the RSI was making higher lows. This suggests that selling momentum is weakening, and buyers are starting to gain strength.
Bitcoin Overall: Going higher soonGiven the broken trendline, consolidation above a high level, it appears to me the market is making a base essentially before another impulse up. Pretty simple really. If price does break down (less likely), this would not be good as there's the possibility of making big-time resistances on the top. So in this case we would have to re-evaulate given the state of the market then. However, there is strong Support near the recent lows, so price decline should halt there, providing a long opportunity and allowing that analysis. Best of luck trading!
USD/CHF Poised for a Bullish Breakout: Path to Parity Bullish Scenario 🚀📈
1. Breakout Above the EMA (200) 🔺:
If the price closes above the 200-week EMA (0.9082), it could confirm a long-term bullish trend reversal.
A strong push may target key levels like 0.9500 and eventually 1.0000 (parity) 🎯, as shown by the projection arrow.
2. RSI Support 💪:
The RSI above 50 indicates that buyers are gaining momentum.
If RSI trends toward 70, it signals even stronger bullish momentum ✅📊.
3. Higher Highs and Higher Lows 📶:
The chart is forming higher highs and higher lows, a classic signal of an uptrend.
This pattern supports a move toward higher price levels 🚀.
🔥 Key Takeaway: A breakout above the EMA could spark a powerful rally, with parity (1.0000) as a major psychological target.
ADA to $1.78 as a final push?It appears that ADA has completed its wave 4 triangle correction and is now poised to target the 1.618 Fibonacci extension, a common projection for wave 5, with a price target of $1.78 .
Following the completion of this impulsive wave, a significant correction or pullback is likely, presenting an excellent opportunity for strategic positioning from a macro perspective.
NIFTY: Trading levels and Plan for 27-Jan-2025📈 NIFTY 50 Trading Plan for 27-Jan-2025 📈
📊 Key Levels to Watch:
Opening Support Zone: 23,055-23,161
Intraday Resistance Zone: 23,178-23,284
Last Intraday Resistance: 23,405-23,442
Final Profit Booking Zone: 23,540
Buyer’s Strong Support Zone: 22,867-22,762
🌟 Scenario 1: Gap-Up Opening (100+ points above 23,178) 🌟
If NIFTY opens significantly above 23,178:
✅ Wait for Retest: Avoid rushing into trades after a gap-up. Allow the index to retest the 23,178-23,161 support zone for confirmation of strength.
📈 Action Plan: If a bullish candle forms during the retest, initiate a long trade targeting 23,284 initially and extend to 23,405-23,442 . Keep a stop-loss below 23,150.
🚫 Caution Zone: If the index stalls near 23,405-23,442, it might indicate profit booking. Avoid fresh longs in this area unless there’s a breakout above 23,442.
💡 Pro Tip: Use a bull call spread strategy to capture the upside while managing risk effectively.
🚨 Risk Note: Avoid over-leveraging after a significant gap-up. Monitor the price action closely.
🔄 Scenario 2: Flat Opening (Near 23,090) 🔄
If NIFTY opens flat or within the No Trade Zone: 23,055-23,161:
⚪ Avoid Immediate Trades: This range is a no-trade zone due to indecision. Wait for a breakout above 23,178 or a breakdown below 23,055.
🔼 Breakout Strategy: If the price breaks above 23,178, go long targeting 23,284 and extend to 23,405. Use a stop-loss below 23,150.
🔽 Breakdown Strategy: If the index drops below 23,055, short trades can be initiated targeting 22,867-22,762. Maintain a stop-loss above 23,100.
💡 Pro Tip: Use a trailing stop-loss to lock in profits during trending moves.
🚦 Options Strategy: Consider selling straddles near the no-trade zone to take advantage of time decay, but hedge positions to avoid unlimited risk.
🌧️ Scenario 3: Gap-Down Opening (100+ points below 23,055) 🌧️
If NIFTY opens below 23,055:
📉 Focus on Buyer’s Support Zone: The 22,867-22,762 zone is critical for potential reversals. Look for bullish price action in this area.
✅ Action Plan: If a reversal pattern (e.g., hammer or bullish engulfing) forms near 22,867, enter long trades targeting 23,055. Use a stop-loss below 22,740.
🔥 Aggressive Selling Levels: If the price sustains below 22,762, further downside to 22,700 or lower is possible. Initiate shorts with tight risk management.
⚠️ Avoid Overtrading: Gap-down scenarios can be volatile. Wait for clear patterns and don’t rush into trades.
💡 Pro Tip: Use long straddle strategies to benefit from increased volatility in gap-down scenarios.
🛡️ Risk Management Tips 💡:
🔥 Never risk more than 2% of your capital on a single trade.
🎯 Stick to stop-loss levels and avoid emotional trading.
📈 Use option strategies (e.g., spreads, straddles) to limit risk in uncertain market conditions.
🧘 Stay patient. Avoid forcing trades if setups don’t align with your plan.
📝 Summary & Conclusion:
Key Zones to Watch: 23,055 (support) and 23,178 (resistance).
Gap-ups favor longs above 23,178 ; gap-downs focus on support zones like 22,867 .
Strictly adhere to risk management principles.
Use options wisely to hedge your positions and reduce exposure to volatility.
⚠️ Disclaimer:
I am not a SEBI-registered analyst . All views shared are for educational purposes only. Please consult your financial advisor before making any trading decisions.
#202504 - priceactiontds - weekly update - daxGood Evening and I hope you are well.
comment: By full bear mode I don’t mean you just short 21394 and hope for the best. You wait for selling pressure first. Friday we got some decent selling pressure to the 1h 20ema which held since Tuesday. I expect another leg up first before we break below 21300. We have left behind 4 consecutive bull gaps and on Friday we saw the first one close immediately. This buying was as climactic and unsustainable as it get’s and having those this late in a trend is more often the end than the beginning of a new leg up. Can this go to 22000 before it goes to 20000 again? 10% if you ask me but that’s just a guess and as good as anyone’s.
current market cycle: Bull trend (very climactic move last week, market needs to take a breather or will outright crumble again)
key levels: 20500 - 21800
bull case: Bulls are in full control. This has not changed since the big breakout on Wednesday. They are still trading above the 1h and higher tf 20ema and until we break below, they remain in full control. Problem for the bulls is the climactic unsustainable nature of the move, very late in a trend. Everyone know’s it’s a suckers rally/short squeeze but that does never matter and they can just continue higher. We could easily test down to 20500 with a quick 1-3 day move, so bulls need to think about taking profits. Many will exit when market begins to stall because the up move was basically down above the 1h 20ema and once we break below, that premise is gone and I doubt many want to risk 500 points in hope to print 22000.
Invalidation is below 20500.
bear case: Bears know that the dax has not been this expensive for 25 years and want blood. The odds are decent that we go down at least 2000 points over the next weeks and bigger bears begin to scale into shorts at this high because the market broke above 2 bullish patterns and the odds of that happening this late in a trend are low. Bears finally closed a gap and now they need follow-through below the 1h 20ema. First target is to retest the high of the previous gap 21162 and see if bulls want to defend it. There is also the 4h 20ema around that price and those will be 2 big magnets early next week. My preferred path forward would be a very quick move down to 20500 to retest the breakout price and the bull trend line. There I expect buyers to come around big time.
Invalidation is above 22200.
short term: Neutral if we stay above the 1h ema. Once below, I want to see 21162 and then 21000. If we stay above, I will long scalp for 21500 and maybe 21600 and will look for shorts there.
medium-long term from 2024-01-25: No more bullish talk. Full bear mode.
current swing trade: Soon.
chart update: Marked new targets for both sides.
Litecoin long to $128Just opened this long position on litecoin.
I anticipate it will pump back up soon to $128. Its bullish on the weekly, daily and 4hr tf and just now we see the bulls have been able to push the price back above $122.75 which is a minor key level signaling that this is likely the end of the correction.
Fundamentally there also has been some talks about etf being filed for it.
BTCUSDt,market target 103600entry point 104800 stop loss 105400Trade Alert
BTC/USD Sell Alert
1. _Entry Point:_ $104,800
2. _Target Price:_ $103,600
3. _Stop Loss:_ $105,400
Trade Details
- _Risk:_ $600 ($105,400 - $104,800)
- _Reward:_ $1,200 ($104,800 - $103,600)
Monitor the trade closely and adjust as needed.
US30/DJI morning analysisTechnical analysis for US30 (DJI).
Two bearish counts, both have corrective expanded flat for wave ii or b.
Price tagged .5 fib retracement from ATH to 5 August low, tagged median line target with reaction/profit taking seen last week.
There could be more upside towards ATH to complete the ((c)), but with these bearish counts suggesting either a zigzag or impulse down from ATH, 45105.1 should hold as hard resistance, and both these counts would be invalid with new ATH.
Risk/reward attractive for a short position, with ATH as stop.
Gentlemen and Ladies, SMCI is on schedule - It was an impossibility that SMCI the absolute core of AI be left behind, especially when without it - everything overheats and with it, all woks flawlessly.
You have to bet on excellence. Irrelevant if swindlers are infesting every market there is.
From Jannet the CEO Obamanoind at Ernst Young to the low reference Hindenburg Report lead by an ambulance driver that studied English and it is not clear if the swindler graduated.
Never bet against excellence and technical expertise.
SMCI was a victim of bear raiders, now I hope these rodents be all sued and we get some money back for the financial damage. The technology and expertise is now even better, it takes these events to make companies even more resilient, and SMCI has proven its worth.