Supply and Demand
Short trade
5min TF Entry
Sellside trade
Pair SUSHIUSD
NY to Tokyo Session PM
7.00 pm
5min TF Entry
Entry 1.6554
Profit level 1.5975 (3.11%)
Stop level 1.6643 (0.54)
RR 6.51
Reason: Observation of price action on the 5min TF seems indicative of a sellside trade - target FVGs and pivotal support level 1.5975
nas100 update Key Observations:
1. Trade Progress:
• The price has moved significantly in your favor, reaching Target 1 at 21,582.04 and continuing upward toward the higher target at 21,939.56.
• The current price is at 21,825.54, showing strong bullish momentum.
2. Updated Elements:
• Profit Metrics: The trade has generated 445.38 USD in profit (based on the updated lot size and risk percentage shown in the position calculator).
• The 4-hour bearish order block (OB) has been respected so far, with no major reversals threatening the trade.
3. Risk Management:
• The note on the chart (“Narrow stop for any added positions”) suggests you’re managing risk effectively for scaling into the trade while locking in profits on the original position.
4. Key Levels:
• Entry Zone: 21,235.54 remains valid.
• Stop-Loss: Still set at 21,186.05, providing protection.
• Fibonacci 50% Retracement: The bounce from this level was accurate, reinforcing your initial analysis.
5. Trading Psychology:
(“Patience, react, don’t predict. If it isn’t in the press, it’s in the price”) reflects a disciplined trading mindset.
Scaling In on a Retracement:
1. Retracement Zones:
• Set pending buy orders at 21,700 and 21,582.04, where price may retrace.
2. Smaller Lot Size:
• Use 50% of the initial lot size for added trades to minimize overall risk.
3. Entry Confirmation:
• Look for bullish engulfing candles, wicks rejecting support levels, or price respecting the Fibonacci retracement (50% or 61.8%).
4. Stop-Loss Placement:
• For the added position, place your SL just below the retracement zone:
• If entry is 21,700, SL can be at 21,582.04.
• If entry is 21,582.04, SL can be at 21,186.05.
5. Profit Targets for Added Positions:
• First target: 21,939.56.
• Final target: 22,130.78.
NIFTY 50 26th DECEMBER 2024Stop-Loss (Red Zone)(23670):
Your stop-loss is set below the recent swing low, which is a good strategy as it protects against potential downside movement if the price reverses.
Entry Zone:(23700)
It seems you are entering a long position (buy) in a consolidation phase after the price formed a possible higher low. This suggests you expect the price to move up toward the targets.
Target Levels (Green Lines):
1st Target (23,910.70):
This is a reasonable target, as it aligns with a previous resistance zone (from the left side of the chart). If the price reaches this level, a partial profit booking strategy can be applied.
2nd Target (23,965.75):
This is just above the 1st target, closer to the next resistance level. It's a logical continuation of the trend if momentum sustains.
3rd Target (24,010.20):
30minutes | Bitcoin | Analysis | 24/12/2024Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so yesterday i published 2 analysis and we noticed market behavior exactly on the key levels as i pointed out. So, for today the market key levels are as following:
Bullish
We have 2 character & required IF candles too break market further bullish.
Bearish
We have characters at the bottom too, if those break we can see market going further down.
For Now we have these key levels.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
23/12/2024
BANKNIFTYBanknifty levels are based on imbalances
1. gapup 51300 long
2. 51300-51000 trade bnreakout
3. gapdown 51000 short
NIFTYNifty levels are based on imbalances
1. gapup 24800 long
2. 24800-24720 trade breakout
3. gapdown 24725 short
Key Levels Overview for the Week 12.2024(23-27)Key Levels Overview for the Week🔳🔲12.2024(23-27)🔳
Dynamic Supports🔀
2615
2609
2594
Dynamic Resistance🔀
2663
2652
2633
Mid Pivot (🐻bull&bear🐂 zone ch trend)
2814
2723
2632
range of supply and demand
2761
2697
2633
Broken Resistance re-testing area supported by OBV divergence Broken Resistance re-testing area supported by OBV divergence and William Vix indicator is a good indication also 50 is Low Gamma for weekly myonsa.com
EMAMILTDDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
NZDCHF SELLING OPPORTUNITY.My Bias For NZDCHF is Bearish. Broke Structure again on 1D TF to the downside.i am waiting for it to retrace back to my entry point.
CHFJPY BUY OPPORTUNITY.In 1D TF Broke Structure with good momentum,now looking for price to retrace to my entry point.
AUDCAD SELLING OPPORTUNITY.1D TF broke structure to the downside . my bias is bearish now . looking for price to retrace to my entry point.
eurcad sell opportunity.broke stracture to the downside my bias is bearish now. i am waiting for my entry point to be triggered.
BTC | Better be safe than sorry.Trump inauguration, FED anouncements, and this gap. Higher just to be safe, but I can see similarity in 2017.
More big players want's to acumulate, don't let them.
BANK NIFTY 24th December Expiry Level Bullish Scenario:
If the price stays above 51,250, aim for 51,522.35 as the next target, followed by 51,658.30.
A breakout above 51,880.40 could lead to further bullish momentum.
Bearish Scenario:
If the price falls below 51,204.65, watch for a retest of the green support zone (50,927.55 - 50,879.95).
ANET - Eyeing a short-term short on a very bullish chartVideo says it all. If we see the confluences that we need to, I will enter a position, if not - not!
That's the way the trading game works - set your plan and stick to it.
Happy Trading :)
Nasdaq Futures: Pre-Holiday Moves and Key Trading ZonesStart your week with a detailed analysis of Nasdaq futures for Monday, December 23, 2024. With the holiday season upon us, expect reduced volatility and volume, but opportunities still abound. Here's what you'll gain:
📈 Long Opportunities: Key zones like 21,560–21,630 and 21,300, targeting moves toward 21,880.
📉 Short Setups: Areas to watch include 21,560 and 21,720, with potential drops to 21,300.
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Whether you're looking to trade longs or shorts, this video breaks down the actionable zones and strategies for the day.
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Can we get a close above this area?Hi Traders!
Last week into Sunday we GJ had a good push to 197.000 area. Rejected a little bit, but it didn't close below the last low at 196.500. The only way I'd look for a sell is if it started making a reversal breaking structure to the downside (15M). At this moment, I'm looking for price to break above 197.000 with continuation. A break of structure would be past the last higher low at 197.300. If this sets up, TP Target would be in the 200s.
Entry: 197.000
TP: 200.000
SL: 196.300 (Adjust depending on your style)
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
XAUUSD 23/12/2024Weekly:
-Bearish FVG rejected.
-Next PD array could be the weekly low.
Daily:
-Bearish W pattern.
-FVG.
4H:
-Bearish W pattern.
-H&S pattern.
CHFJPY Short Analysis 23/12/2024I'm in gladly in profits for this month.
Kept this trade setup simple, I am shorting CHFJPY down to the 0.382 fib level. Me personally, I'm not taking profits below the 0.382 to play it safe, I would much rather look for buys below that level if we continue bullish.
