OXT Looks Bearish (4H)It seems that from the point where we placed the red arrow on the chart, OXT has entered a complex correction. This correction appears to be either a Diametric or a Symmetric pattern.
From the red zone, it can drop towards the specified targets.
Currently, it seems to be in the early stages of wave E.
When the first target is reached, make sure to secure some profits and move the stop-loss to the entry point.
A daily candle closing above the invalidation level will invalidate this analysis and the bearish outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Supply and Demand
USDT DOMINANCE new update (4H)This analysis is an update of the analysis you see in the "Related publications" section
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT .
We have reached the red-marked area from the previous analysis, but the bullish momentum of the candles is strong.
In previous analyses, we considered the triangle as a contracting triangle, but it is possible that Tether dominance is forming an expanding triangle or even a diametric pattern.
We have two zones for the completion of wave e.
If the price breaks through supply zone 1, it will be rejected from supply zone 2.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
EURGBP - Potential Sell From Key Resistance ZoneThe EURGBP pair is approaching a significant supply zone, marked by historical price reactions and strong resistance levels. The current market structure suggests the potential for a reversal from this area if sellers regain control.
I anticipate that if the price confirms a rejection from this supply zone, the market is likely to move downward toward the 0.83611 level. This setup aligns with the idea of trend exhaustion near resistance.
If you have additional insights or an alternative perspective, feel free to share your thoughts!
Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
EURJPY bearish scenarioEURJPY has the potential for a bigger pullback if we see a further decline initiated in the latter part of last year. The pair is already down 1,500 pips from last year's high. We have the H&S formation and are awaiting a break of the neckline for further decline. A possible target is 150.00, while the 140.00 level is less likely. A return above 170.00 puts us back on the bullish side and changes the scenario.
GBPCAD BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
ASTRAL swing reversal stock is forming inside bar candle stick pattern at the support & the RSI is below 30
likely good R:R
For a successful entry, we should ideally see a strong 1day candle on our chart—it’s crucial to use that timeframe.
Following the breakout candle of inside bar, the ideal entry point would be after a consecutive candle that breaks above the previous candle
As always, remember to do your own research before making any investment decisions!
Rites BO after accumulationThe stock is showing a breakout (Bo) after accumulating at support levels.
This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL).
Volumes are also shooting 'up.
It's worth noting that there’s a trendline that has been respected for a long time.
Breakout should be with a strong candle (TF as we used in chart); then the entry will be after the consecutive candle which should be breaching the breakout candle.
Do your own research before investing
Kalyan Jewellers H&S BOThe stock is exhibiting a potential Head and Shoulders (H&S) breakout after a significant rally from 130 to 800.
However, there is a risk of a false breakout for distribution purposes, so it's important to proceed with caution.
small supply can be seen at 880 levels.
A strong breakout would be more reliable if supported by good trading volumes.
Additionally, a stop loss (SL) can be set at the low of the shoulder, with a strong daily candle close below 710 indicating a possible reversal.
Always remember to do your own research before making any investment decisions.
JUBLFOOD cup & handleAlthough I'm bearish on Indian markets and predicting 21000 as the target, these scrips are popping up on my radar.
It's suggested to enter based on your risk capability.
The entry will be only on a strong close of the daily candle above 745, and the stop-loss (SL) will be the low of the handle.
POSSIBLE SELL STRUCTUTRE ON GBPCHFGBPCHF is on its all time low on monthly time frame .it is flying up with style making a series of highs and lows on smaller time frames .It has made the second touch of bullish trend on weekly time frame. It is bearish on daily time frame, approaching the third touch of the weekly time frame bull trend. Sitting on a daily support to make a retest of a previous broken zone to continue the sell until the final support con the weekly bull trend. peace!
Natural Gas weekly levels with both buy and sell entriesNatural Gas weekly levels with both buy and sell entries.
We have seen a bullish move on Gas this week closing at the highs of 3.703/
In the coming week it could deliver a brealput and trade at $4.0 level/
Look at the moving averages yjese have crossedd over and are trading with divergence and bullishness.
RSI is looking upwards and in the near term should deliver in the overbought zone.
I have given both buy and sell entries to be treated as scalping entries especially if selling for short term profit.
Worth noteing that the fibonacci levels are nearly exactly lining up with our entries on both buy and sell levels.
As always take caution, trade with approprate lot size use a stop loss.
The opinions above are not finincial advice mearly my own thoughts on what i think natural gas will reach this week/
EURCAD BUTTERFLY PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
Trading Plan for ONDO: Is This A Lifetime Opportunity?Do you know that in the next 6 days, you may have the opportunity to stack more COINBASE:ONDOUSD tokens at a lower price per token?
The current circulating supply will increase by 200%, diluting the token's current valuation.
I am a long-term holder of ONDO, but seeing the on-chain data about the future token unlock, I decided to offload some of my bags at $1.2 per token.
Why?
My entry price range was between 12-16 cents, it is okay to take some profits because there is an opportunity to buy lower and increase the amount of ONDO in my portfolio.
This is not a short signal, please. The trading plan is focused on buying when the opportunity presents itself, then we ride it to the top again.
Take note of the entry prices and stop loss level!
NB: this is a swing trade, if you have no patience to ride the momentum, or swing trade is not your thing, please ignore the analysis.
Do you have any questions about this analysis? Share in the comment box without sounding rude to anyone.
If this analysis makes sense to you, follow me now for more. Like the analysis and share it with your friends.
Cheers!
XAU/USD 13 January 2025 Intraday AnalysisH4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Analysis/Intraday expectation remains the same as analysis dated 16 December 2024.
Price is clearly unable to target weak internal. This is due to the fact that Daily and Weekly Timeframe remain in bearish pullback phase.
Price Action Analysis:
Technically price is to target weak internal priced at 2,721.420. Price has sweeped liquidity,
for two possible reasons.
1. To assist price to complete bearish pullback phase, react at either discount of internal 50% or H4 demand zone before targeting weak internal high.
2. To assist Daily and H4 TF's to complete bearish pullback phase with price to print a bearish iBOS and target strong internal low priced at 2,536.855.
Intraday Expectation:
Intraday expectation and alternative scenario as per points 1 and 2.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
M15 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Price Action Analysis:
Intraday expectation was met with price successfully targeting weak internal high.
Price subsequently printed a bullish iBOS followed by a bearish CHoCH.
We are currently trading within an established range
Price has traded in to discount of internal 50% EQ.
Intraday Expectation:
Price to target weak internal high, priced at 2,697.950.
Price could potentially trade down to M15 demand zone to sweep liquidity before targeting weak internal high.
Note:
With the Federal Reserve maintaining a dovish stance and ongoing geopolitical tensions, volatility in Gold prices is expected to remain elevated. Traders should exercise caution, adjust risk management strategies, and stay prepared for potential price whipsaws in this high-volatility environment.
M15 Chart: