Update levels on GBPAUD 11.12.24According to the previous analysis, a lot has changed, although we can still consider the top as a double top, but the whole formation seems to be more of a head and shoulders. I am currently following two long scenarios, in case the price breaks through or holds 1.960000, if it falls below 1.928963, then I would start thinking about a short position with a target below we have enough of them so we'll see
Supply and Demand
NQ Power Range Report with FIB Ext - 12/17/2024 SessionCME_MINI:NQH2025
- PR High: 22412.50
- PR Low: 22376.50
- NZ Spread: 80.5
Key scheduled economic events:
08:30 | Retail Sales (Core|MoM)
ATH raised nearly 250 points
- Volume shifting into contract month H25
- Holding previous session highs
Session Open Stats (As of 12:25 AM 12/17)
- Weekend Gap: N/A
- Session Gap 12/13 +0.42% (open < 21640)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 290.00
- Volume: 14K
- Open Int: 145K
- Trend Grade: Bull
- From BA ATH: -0.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
XAUUSD BUY ZONE XAUUSD Analysis – Potential Bullish Reversal from Support Zone
Gold (XAUUSD) is trading at a key support area around 2640-2650, showing signs of a potential bounce for a bullish reversal.
Technical Overview:
Support Zone: 2640 (marked as a critical demand area)
Resistance Targets:
First Resistance: 2675
Second Resistance: 2690
Third Resistance: 2705+
Trend Outlook: Gold has shown a significant downtrend, breaking out of the bullish channel. However, price action near support suggests that buyers are stepping in, indicating a possible bullish reversal.
Trade Idea:
Look for buy opportunities near the 2640-2650 zone.
Stop Loss: Below 2640 (to protect against further downside).
Take Profit: Gradual targets at 2675, 2690, and higher if momentum builds.
Notes:
The reversal depends on the strength of support. If Gold holds the 2640 level, expect an upward move.
Wait for confirmation of bullish candles or volume before entering.
Trade safely and manage risk appropriately. Let’s see how the market reacts! 📈✨
AGLD looks bullish (1D)It appears that AGLD is forming a triangle, with wave E of this triangle not yet complete.
If it reaches the green zone, we will look for buy/long positions.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Platinum in deep consolidation TerritoryThe 70% to drop after my Nov 18th post turned out to be 100%
Now we are in deep consolidation going into the closing of this yearly candle
I predict we will drop further coming into the year but a sweep of the highs first.
There is actually no real way to predict which side will unload 1st to start the volatility so we remain cautious and super suspicious of the low volume going into the new year
AEVO ANALYSIS (1D)It seems to be completing a triangle. If it reaches the green limit, we will look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
EUR/USD: Short-Term Pullback Before Weekly Bullish ContinuationYesterday's idea worked perfectly, hitting the take-profit target at 1.04925, as expected. As I mentioned, a pullback to the upside occurred after reaching that area.
For today's trade, the daily timeframe bias remains bearish, with a target towards 1.04748. This makes it clear that today's position is a sell.
Looking at the market structure, the NYPM session high has been broken, and there's a Market Structure Shift (MSS) around 1.05192. I plan to wait for the price to return to the FVG zone near 1.05248 before entering a sell position. My take-profit target is set at 1.04982.
Let’s wait and see how this plays out!
NIFTY 50 17th DECEMBER 2024Nifty is near suppNifty is near support. A CE side trade can be considered with a small SL. All targets hit on 16th December. Please check levels for more detailsort. A CE side trade can be considered with a small SL. All targets hit on 16th December. Please check levels for more details
JASMYUSDTmy entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise
Entry; $0.03691
Take Profit; $0.05381
Stop Loss; $0.03161