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Pivot Points

NFP Main Trend Low -90% Descending Channel 02 2025Logarithm. Time frame 3 days. Line chart for clarity of the downward trend. Marker, conditionally, showed the logic of price movement from key support/resistance zones — breakthrough/not breakthrough, consolidation/not consolidation. Understanding this, you should build your trading strategy. Now is a good entry point, subject to risk management. I would advise leaving 20-30% of the money from the position in case the price falls (implementation of scenario B) to the -93-96% zone, immediately or through price growth, to the resistance of the local downward channel (which does not exist yet). If plan A is implemented, then I would advise locally exiting part of the position at the mirror resistance zone of 0.18-0.27. There will be a reversal, and the implementation of plan B, or a cut of the zone, and then an exit. In the long term, the “key” resistance of the pump is 0.0609, it is rational to exit there with most of the position, possibly with a protective stop, or a grid of limit orders, if there is an aggressive price movement. Breaking the structure of the descending channel of the main trend — its reversal, which is logical. I showed it with an arrow, but it is unlikely to happen in the near future. Locally, this is a reversal zone .
Long
by SpartaBTC
2
SOXL Has Room to Run?This one has a double bottom look, with a higher low, and another 4% remaining to hit take profit enroute to retesting the neckline before breaking out (another 8% from here) or balance and fail! Stop loss of 5% is pretty steep, so typically I either lower my position size or stop loss. Even at 4% stop loss, according to backtest results this wins more than it loses and has done pretty decent in the past, as I have been forward testing this model for over the past 18 months and profiting from over 100 different equities that I signal on. The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes! SOXL and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off). Check out my script, as I am always looking for people to help test and I am always interested in feedback...
AMEX:SOXLLong
by KingTrading999
GBPAUD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is below the resistance 2.02967, beginning of downtrend is expected. We make sure when the support at 1.94297 breaks. If the resistance at 2.02967 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: A peak is formed in daily chart at 2.01490 on 02/03/2025, so more losses to support(s) 1.97390, 1.95896 and minimum to Major Support (1.94297) is expected. Take Profits: 1.99134 1.97390 1.95896 1.94297 1.92784 1.91271 1.89131 1.85883 1.82533 1.80340 1.77000 1.72489 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
20
TATA MOTORS accumulate for long termTata Motors experienced a fake-out at its all-time high, approaching the psychological level of 1000, and has since seen a significant decline. Currently, the stock is trading near a solid support level of 700, making it a good opportunity for long-term accumulation. However, if the price breaks below 700, a target of 620 could be expected. Bullish sentiment is only apparent above the level of 820. For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe. Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle As always, remember to do your own research before making any investment decisions!
NSE:TATAMOTORSLong
by ShivNetha
EURCAD Aggressive Trade with Potential for Huge GainsI'll keep this short and to the point - Technical Outlook: Price recently hit a ceiling which has historically served as resistance (1.51750) , however we have been in an uptrend since late 2022. In Nov 2024 we saw bulls rally at strong levels of demand and continued to drive price upwards, creating a demand feed which price reacted off more recently (as shown on the chart). Once price reached the ceiling level, it took a nose dive UNTIL we saw it decelerate at the latest demand feed, which could potentially have a trove of resting orders ready to be filled. Trading Considerations: I will be keeping an eye on the 15m chart during London and NY sessions for bullish momentum to take hold. As it stands right now, a break above 1.49050 would be early signs to get involved. This can always change as new structure is formed on the LTF's but we are deep in discount territory. Watch for liquidity build up and volume to understand which LTF demand levels could hold during high volume sessions. Final Notes: As added confluence, this pair is currently oversold on the RSI. While navigating the LTF's make sure to adapt to changing conditions. Again, this is another trade which could potentially turn into a swing position (provided demand holds, we could see an upward move that finally breaks the ceiling). While the Euro continues to weaken against the USD, the Loonie should be able hold its own during this ongoing trade war (based on the fact that they've not just rolled over and do have some fight in them). We get to witness these scary times unfold - and it makes trading that much more exciting! Happy hunting predators! Apex out! OANDA:EURCAD FX:EURUSD OANDA:USDCAD
Long
by Apexfx_Alpha
1
AUDUSD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 0.63475 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: A peak is formed in daily chart at 0.63295 on 01/24/2025, so more losses minimum to Trend Hunter Buy Zone (0.61710 to 0.61000) is expected. Take Profits: 0.62874 0.63475 0.64388 0.65385 0.66210 0.66846 0.67965 0.69410 0.71541 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
21
#DOGEUSDT 🔹 #DOGEUSDT | Update 🔹 📊 Analysis: #DogeCoin, the popular cryptocurrency, after experiencing an approximate 400% growth, has encountered a short-term resistance zone and entered a correction phase. As mentioned in the previous analysis, the coin is expected to drop towards the channel's lower bound in the medium term. ✨ Key Levels: ✅ Short-term Support: $0.25 ✅ Strong Support: The lower bound of the hypothetical ascending channel around $0.17 📌 Prediction: The movement within the ascending channel structure is still valid, and a reaction to the mentioned support levels is expected. ——————————————————— 📅 Date: 2025/02/04 📢 For more analyses: @MohsenHasanlu
by Mohsen_Hasanlu
$NVDA: Broadening Formation & Earnings Play – $180 Calls for MayHey what's up everyone. Here's an analysis on NASDAQ:NVDA 👇🏽 💹 Trade Analysis & Setup NVIDIA ( NASDAQ:NVDA ) is currently trading at $116.66, showing high volatility inside a Broadening Formation (BF) on both the daily and monthly timeframes. This setup is a textbook liquidity expansion pattern, where price is making higher highs and lower lows within a widening megaphone structure. The key catalyst in play is NVDA earnings on Feb 21, 2025, which could drive significant price action and IV expansion. 🔼 Bullish Case (Targets: $129 - $141.88 - $150+) Earnings Catalyst (Feb 21): AI demand remains strong, with NVDA leading the semiconductor market. Breakout Zone at $123-$125: NVDA must reclaim this zone to shift into an uptrend. $129 (Prior Weekly High): A breakout here could bring momentum buyers & institutions into play. Gap Fill to $141.88: Major upside potential exists if NVDA can sustain bullish momentum post-earnings. 🔻 Bearish Risks (Key Support & Breakdown Levels) Daily Lower BF Break (~$113-$115): If this level fails, downside could accelerate toward $110-$105. Monthly Broadening Formation Lower Level (~$100-$95): Extreme downside risk in the worst-case scenario. Earnings Disappointment: If NVDA’s report fails to meet expectations, a strong move down is possible. Theta Decay Impact: My contract loses value daily (~$3.53 per day), so a slow move up is not favorable. IV Crush Post-Earnings: If NVDA doesn’t move much after earnings, option value could rapidly drop. 🚀 My Trade Plan Bullish Breakout Plan: Hold if NVDA reclaims $123-$129, targeting $141-$150+ before March-April. Earnings Play Strategy: Hold through earnings ONLY IF NVDA builds strength into Feb 21. Exit if $113 breaks below with strong volume to prevent further downside losses. NVDA’s Daily & Monthly Broadening Formations confirm high volatility & liquidity expansion. The next major move is likely earnings-driven. If NVDA clears $129, I will hold my calls. If support at $113 fails, I may exit early. 💡 Trade Details: Position: NVDA $180c 16 MAY 25 Entry Price: $2.60 Current Price: $1.72 P/L Open: (-$85.66) / (-33.8%) Delta: 11.36 (~0.11) Theta: (-3.53) Key Catalyst: Earnings on Feb 21, 2025
NASDAQ:NVDALong
by Brandonthrives
USDCHF | Live Price Action LessonIn this lesson we have the major pivots in price action directed with the blue path so that we can easily find the trend and to also figure out how to take action on finding out if this pair is Bullish or Bearish In this case we see that price is at the same high in the past with tight swings creating a range or also called the distribution phase in the 4 market cycles and these two sings alone are telling us that price is looking bearish for the long term After knowing what the overall goal is for price action 🐻 we can create a strategy for short positions only and look for entries at high points within the entire range to swing this market (the pivots are our zones of entry either up/down) I've also drawn an impulse wave to add more confluence to the according swings Up and Down as both directions have the same pattern Note: Usually the 1st wave is typically way smaller with the 3rd wave⚡ being the largest and quickest. Using the 150-day MA can now help you manage the trade in either direction like show on chart we can see that almost every pivot bounced somewhat around the average line for optimal entry points At the top like the last setup price action broke below and then retraced back to the MA to confirm if the selloff is true after being rejected. 🎯 The goal for this setup is to capture the entire swing and to scale the position as price falls further with more confirmation along the way Typical forex traders dont teach this type of method as its harder to manage and unrealistic based on how long its takes (70 days+ give or take) This is a different approach and would be similar to mid - long term swing trading stocks or crypto but it very possible for forex as well based on your strategy and style By finding the true pivot points in price action you can easily break the trade down to capture 100 - 200 pips or less but will require you to look at the charts in one way only and not both ☯ as it can be confusing. If you enjoyed reading this and learned something new to help advance your trading journey please boost this post, share it, and comment your thoughts on this universal strategy so that I can continue to make more, Thanks!🙂
by Nathanl19
AUDNZD - 29 Jan 2025 SetupAUDNZD Market structure are making N pattern on the market structure with strong Bearish drop. Spotted supply area on H4 Timeframe (Red Rectangle). its a good structure after the price creating a new Low breaking our last bearish structure to the downside. Entry Position : Short Profit Target : 1:3 Shown on the chart image (Green Line) Stop Loss : Slightly above supply area (Red Line) Follow me if u guys making any gains from this idea. Thanks Coffee Trade Team
Short
by CoffeeTrade_Official
USDJPY R2🔍 Technical Analysis of USD/JPY 📌 Overall Trend: After a downward correction, the price has reached the 154.250 support zone. A positive reaction at this level suggests a potential upward move. A price gap is visible in the 156.000 - 156.400 range, which may lead to a price increase to fill the gap. 📈 Buy Trade Signal (Long Position) 🔹 Entry Conditions: If the price holds the 154.250 - 154.400 support zone and bullish reversal candlesticks appear, a long trade is recommended. The ideal entry range is 154.600 - 154.860. 🔹 Stop Loss (SL): Below 154.250 🔹 Take Profit (TP): First target: 155.860 Second target: 156.110 Third target: 156.400 (if the bullish momentum continues) 🔹 Risk Management: If the price stabilizes below 154.250, reconsider the trade. Breaking above 156.110 increases the likelihood of further bullish movement to fill the price gap. ✅ Final Conclusion: If the price finds support at 154.250 - 154.400, a buy trade is favorable. A breakout above 156.110 could lead to a further target of 156.400. 📌 Ensure confirmation through price action and candlestick patterns before entering the trade.
Long
by EhsanZeydabadi