Eurcad demand setup 2nd entry aggressiveEurcad second entry aggressive
Price is still respecting my demand zone so i entered a second time
Priceactionanalysis
Eurcad demand setupEurcad demand setup
Price is holding the 13 ema on the 15min chart and we had a nice rejection at demand zone.
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
Follow for more actionable trading insights and strategies!
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
Follow for more actionable trading insights and strategies!
AI DEC 11 2024 BULLISHAI is looking bullish &it should continue HH HL structure on daily till the purple box.
This is price action and targets should be $61ish.
Let me know if you have any questions
#NIFTY Intraday Support and Resistance Levels - 12/12/2024Gap up opening expected in today's session. Expected opening near 24750 level. Currently nifty trading in the consolidation zone of 24550-24750 level. 24750-24800 zone act as a strong resistance for nifty. Strong upside rally expected if nifty gives breakout of this resistance zone. Downside 24550 is an important support. Any major downside only expected below this support level.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/12/2024)Today will be slightly gap up opening expected in banknifty near 53500 level. Currently market creating the consolidation zone. After opening if banknifty starts trading and sustain above 53550 then can go for the long side position. Downside possible below 53450 level. 53050 level will act as a strong support for banknifty. Any major bearish rally only expected below this level.
eurgbp demand zone,no bostook a chance on this setup
basically there was no bos
price was bearish ,am expecting a corection to the upside
15min liquidity grab setup eurchfeurchf 15min liquidity grab setup
multiple rejection to go to the upside
SWING IDEA - VEDANTAVedanta Limited , a leading natural resources company in India, is presenting a strong swing trade setup, supported by key technical signals.
Reasons are listed below :
500 Level Breakout Attempt : After multiple tests, the price is attempting to break out from a crucial level following a tight consolidation near its all-time high.
14+ Year Consolidation Break : The stock is on the verge of breaking a consolidation zone that has persisted for over 14 years, signaling a significant long-term trend change.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe underscores robust buying interest.
EMA Support : Price action is trading decisively above the 50 and 200 EMA, indicating sustained bullish momentum.
All-Time High Breakout : The stock is poised to surpass its all-time high made in 2010, signaling potential for further upside.
Target - 580 // 675
Stoploss - weekly close below 425
DISCLAIMER -
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@visionary.growth.insights
Breakout Alert: High-Potential Long Trade Setup in IXIGOIt highlights a descending channel pattern in IXIGO, a common technical analysis formation where price moves between two parallel trendlines sloping downwards.
Key Points:
Resistance (Red Line):
The upper trendline acts as a resistance level where the price faces selling pressure.
It has been tested multiple times, confirming its validity.
Support (Green Line):
The lower trendline serves as a support level where the price typically finds buying interest.
This line also has multiple touchpoints, validating its significance.
Breakout Attempt:
The latest candle shows a strong upward move (+8.87%), attempting to break out of the resistance zone.
Such a breakout might signal a potential trend reversal if it sustains above the channel.
Trading Strategy:
Bullish Case:
If the price sustains above the resistance trendline with good volume, it could indicate the start of an uptrend. Targets can be set using Fibonacci retracement or previous swing highs.
Risk Management:
Place stop-loss below the breakout candle for long positions.
Adjust the stop loss upward as the price progresses to secure profits
11.12.24 Morning ForecastPairs on Watch -
FX:CADJPY
FX:GBPAUD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
#NIFTY Intraday Support and Resistance Levels - 11/12/2024NIFTY will open flat or slightly gap up in today's session. After opening expected upside rally towards the 24750 level and this rally can be extend further for 200+ points in case nifty starts trading above 24800 level. Downside possible if nifty starts trading below 24450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/12/2024)Today will be flat opening expected in banknifty. After opening if banknifty sustain above 53550 level then possible upside rally upto 53950 level in today's session and this rally can be extend for further 400-500+ points in case banknifty gives breakout of 54050 level. Any major downside only expected if banknifty starts trading below 53450 level.
$APT 1D | HTF w/ Market Structure notesI am following this chart and took some notes on the market structure of Aptos which is very useful for the future price action. As long as we defend the swing low, " S-LOW " the price tends to go to the higher levels.
Happy Trading
10.12.24 Morning ForecastPairs on Watch -
FX:EURNZD
FX:USDJPY
FX:GBPAUD
FX:NZDJPY
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
#NIFTY Intraday Support and Resistance Levels - 10/12/2024Gap up opening possible in nifty. Currently nifty trading in the consolidation zone of 24550-24750 level. Any major direction rally only expected if it gives breakout of this zone. Strong bullish rally expected if nifty starts trading and sustain above 24800 level. This bullish rally can goes upto the 25000 level after breakout.
[INTRADAY] #BANKNIFTY PE & CE Levels(10/12/2024)Today will be slightly gap up opening expected in banknifty. After opening bullish rally expected if banknifty starts trading and sustain above the 53550 level. This rally can be goes upto the 53950 level. Downside 53050 level will act as an important support for today's session. Any major downside only expected below this support zone.
XAUUSD sellXAUUSD sell. the price is right now in a price action zone and in a 4 h fib. we closed a 4h rejection candle and went down. i have a bigger stop loss for this position because the price could retrace a little. there is also a head and shoulders improved setup. happy trading
$104K and Counting: Can Bitcoin Sustain Its Momentum?COINBASE:BTCUSD - Daily
Current Price: 97,520
Executive Summary:
Is Bitcoin Set for a Correction After Hitting $104,000?
Bitcoin has hit significant milestones, with two of our predicted targets—$90,000 and $100,000—successfully achieved, delivering a remarkable gain of 46.44% and 3,307,221 pips. After climbing to $104,000, Bitcoin entered extreme overbought territory across daily, weekly, and monthly charts, signaling exhaustion. With the formation of an ascending channel and overbought signals, a potential correction could be on the horizon. Here’s what to expect next.
Analysis:
In our earlier analysis, we predicted key price targets of $90K, $100K, and $110K. Bitcoin successfully hit $90K and $100K, eventually climbing to $104K—a remarkable gain of 46.44% and 3,307,221 pips. However, this rally propelled Bitcoin into extreme overbought territory across multiple timeframes, signaling a potential need for correction.
On November 6, Bitcoin broke out of a falling wedge/handle pattern, driving the price to $104K. Since November 12, it has been ascending within a channel—a formation that often precedes a downward correction. Coupled with extreme overbought conditions on daily, weekly, and monthly charts, Bitcoin now shows clear signs of buyer exhaustion.
Potential Correction Level:
Fibonacci Retracement (50%): $85,327.80
Key Levels to Watch:
• Extreme Overbought: $112,500
• Overbought Resistance: $106,250
• Ultimate Resistance: $100,000
• Major Support: $75,000
Thank you for taking the time to read this analysis. Wishing you great success in your trading journey! Always prioritise proper risk management to achieve sustainable growth in the markets. Good luck with your trades!
