XAUUSD Buy DirectionHi Traders
What's are your thought about GOLD ?
XAUUSD in the time frame 30Mint price will expected to falling movement market will open and accepted current points price will breakout 2674 and decent support will be 2762 if the price will break from these levels then next support would be 2752 keep fallowing these points and make profit with scalping trade use must proper risk management.
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Support and Resistance
OIL Price will Expected to the bearish Trend Go through the this Analysis Oil Price will Expected bearish trend price will drop from 74.55 level. the support key level to watch if the price will break below 74.55 after market will touched to the these key levels. 1st Support 73.00 and 2nd support would be 71.10 Keep fallow these points.
you may find more details in the chart.
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My PLTR plan to think overMy thoughts on PLTR. I have been watching this stock for a little while now. I got into options on this stock. Not doing my research a little harder, I missed out.
Here are my thoughts. It's not stopping! Feb.3rd we have a earnings call. From what I've been seeing this is going to be good.
My 4hr chart layout shows a retracement levels in what I am thinking will happen. Momentum is fading a tad. We are in a overbought scenario. We are in a previous day high.
Simple thoughts to drink your coffee on. Where do we go from here? I see the slight dip to a support level @ $72.79. Watch it and wait for the strength to build up and go up from there.
As always, research first. Confirm Ideas. Look for confirmation. Confluence is key!
Happy trading. If you like this idea. Follow me.
- Thank You,
Bryan
EURGBP - Bearish ReversalHello traders
EURGBP has been slowly grinding up since 9 January with there being a trendline holding this slight uptrend. But it broke out of the trendline last week and it retested it. The ideal entry would have been on the retest but let's hope this 4H fvg gets filled then price goes down.
Furthermore, the rsi has been making lower lows while price was making higher highs showing bearishness. Add to this that this setup is forming on a daily resistance zone as per the chart.
AUDCAD 30M AnalysisThe market structure shows a bullish bias with higher highs and higher lows forming.
🔹 Key Highlights:
Price is respecting demand zones, indicating strong buying interest.
Anticipating a pullback to the demand area around 0.9050 before a bullish continuation.
Targeting the resistance zone near 0.9120.
📈 Plan: Watch for confirmation at the demand zone to enter a long position.
What’s your take on this setup? Let’s discuss in the comments! 👇
#ForexTrading #AUDCAD #TradingView #TechnicalAnalysis #ForexSetup #PriceAction
$POPCAT: Not Over Yet, $2 Incoming by Q2Low hit rate on this setup, as the largest liquidity pool is sitting below 40 cents, and it's a significant weekly block.
I'll be adding a small position around the 50-52 cent range, but I wouldn't be surprised if it dips to the lows at 46 cents before any meaningful reaction.
For me, the better bet is a weekly block below 35 cents. I’m placing bids here and will increase my bids if price deviates below the trend line.
$POPCAT isn’t dead, but I do agree that it’s currently undergoing a major retrace. BYBIT:POPCATUSDT
IOTA is getting ready for the next bull run!Hey guys, Based on the chart a bullish channel has been identified and currently price have reached to the bottom line which can act as a supporting level. Also a bullish wedge is on the chart that can confirm our bias.
So with risk/reward of 1/3, it can be another good and low risk opportunity to buy.
Anticipating $ESH2025 to drop below 6070 by February 7All the usual disclaimers:
1. I am not registered with FINRA. I am not a financial advisor.
2. Prior performance is not a guarantee of future performance.
3.This post is not and is not intended as financial advice. Instead, this post shares speculation upon hypothetical possible future outcomes.
4. This post uses purely doodling and technical analysis. It is not based to any extent upon education from news sources, information releases from underlying firms, nor upon microeconomic nor macroeconomic principles.
A. The purple rectangle captures the recent downturn movement between December 5-January 14.
B. The green rectangle is a clone of that, based at the golden cross on January 14.
C. The orange rectangle is sized at 100 point range for 1 CME day, centered on last closing price.
D. The rectangle is sized at the 155 point range of December 18, 2024 for 1 CME day, centered on last closing price, starting from the opening bell.
E. Some downturn indicators arrowed to for discussion reference.
CME_MINI:ESH2025 is in the local zone of contention, which has been magnetic since Thanksgiving. It appears that it is more likely than not that CME_MINI:ESH2025 will remain within the local zone of contention for at least the next few days, returning repeatedly to 6130-6135. But, CME_MINI:ESH2025 is also far away from the 90 minute time frame's MA200 trendline, and since November CME_MINI:ESH2025 has dropped below that trendline four times. From that, I anticipate MA200 CME_MINI:ESH2025 to drop below 6070 by February 7.
Both downturn and upturn trends on the 90 minute time frame commonly have durations of either around 1-2 CME days. On the 90 minute time frame, a few downturn indicator dots accumulated at the end of the CME day on Friday, January 24. It's likely that the downturn trend will continue until at least pre-opening bell on Monday, January 27.
The range should be within 50 points, to an anticipated floor of 6080. For comparison, the total range was 85 points on Monday, January 20. If the downturn range extends to that of December 18, the anticipated floor is 6005.
If range turns bullish, the anticipated ceiling is 6185, with an outside ceiling at 6250.
Ethereum $ETH Price AnalysisEthereum is currently sandwiched between two significant price zones in chart 1:
- A bullish order block in the $2k-$2.4k range, which has acted as a solid support, holding three times already
- A bearish order block in the $3.9k-$4.2k range, serving as a formidable resistance that has not been breached in three attempts
The critical question now is whether:
- Bears will push the price below this support level in the coming weeks, or
- Bulls will break through the resistance to push the price higher
My take on the situation:
I believe the bulls have a better chance, and here's why:
1. Ascending Triangle Formation:
As seen in Chart 1, Ethereum's chart is possibly forming an ascending triangle, a pattern that typically suggests bullish continuation
2. ETH/BTC Ratio:
Chart 2 shows Ethereum CRYPTOCAP:ETH relative to Bitcoin CRYPTOCAP:BTC , where it's encountering two robust bullish order blocks in the 0.03-0.032 and 0.023-0.027 ranges on a weekly chart. These could signal a significant support and reversal point
3. Ethereum ETF Inflows vs. Outflows:
According to data provider like coinglass, the last three months have shown much higher inflows than outflows into Ethereum ETFs. This suggests that smart money might be accumulating, setting the stage for a potential upward breakout
Given these points, the technical setup appears to favor a bullish scenario in the near term
Gold Technical Analysis: Is a New Price High Ahead?
Gold experienced an uptrend last week, aligning with the bullish scenario mentioned in our previous post. This strong rally and the formation of a robust weekly candlestick suggest the potential for breaking the previous high and reaching the initial target of $2,850.
On the daily timeframe, a price correction near the previous high is possible. If this occurs, buyers may re-enter around $2,720, allowing the upward trend to continue.
ETHUSDT let it fallAs we said before price is near major resistance zone and soon or late more dump here will dump it below 3000$ and we are looking for bear market and more correction for a while and then after a while range next phase pump is ahead so it is not time yet and let it fall.
DISCLAIMER: ((trade based on your own decision))
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$SPY All-Time Highs in FocusLooking ahead to this new trading week, I’m interested in seeing some shorts come in. We’ve returned to all-time highs , but the climb faced minimal resistance—aside from some signs of pushback on Friday.
I’ll be very cautious about entering any long positions unless we see price action consolidating or trading closer to the 610-612 levels . Until then, I’ll remain hesitant and look for more clarity in the market’s direction.
What’s your take on this setup? Drop your insights below!
Dogecoin: Trading What You See, Not What You Hope ForThe crypto world is buzzing about the acronym D.O.G.E., with many hoping this hype will ignite a massive price explosion for Dogecoin.
However, the market has repeatedly failed to deliver. In fact, every rally this year has been met with heavy selling.
As I often say, " trade what you see, not what you dream of ." And from a purely technical perspective, what I see for Dogecoin right now doesn’t look promising.
A Look Back: The Trump Pump and the Aftermath
Dogecoin experienced a massive pump last year, fueled by Trump’s presidential election win. But after the initial euphoria, the market cooled down, and Dogecoin entered a correction phase.
Leading up to Christmas, the price even temporarily dipped below the horizontal support level at $0.35. While the start of 2025 brought a recovery above this support, bulls have struggled to maintain their gains.
The Current State of Dogecoin
Even the brief spike two days ago, which initially looked promising, was quickly reversed. As of now, Dogecoin has returned to this critical $0.35 support line, showing continued weakness.
What’s Next?
Given the current price action, my expectation is that this support will eventually give way. If that happens, we could see Dogecoin drop to around $0.26, a level that might offer stronger support.
The Bottom Line
Dogecoin’s technicals suggest caution, not optimism. While the D.O.G.E. hype might tempt some into dreaming of another rally, the charts tell a different story. If you’re trading Dogecoin, stay focused on the reality of the price action and be prepared for potential downside.
As always, trade wisely and stick to the facts, not the fantasies.
GBPUSD is in the Buying Direction after Testing SupportHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Indecisive candle Nifty looking for a Breakout on either side. Like last week this week to Nifty has remained indecisive could not go up with the momentum and could not break the critical support on the down side. Such things happen generally when Nifty is in search of bottom or it has formed the bottom.
If Nifty has already formed the bottom and support at 22935 holds we can see an up side where the resistances will be at 23270, 23419 (Mother line on Weekly charts, very strong resistance), 23806 and 24203.
If Nifty dives down searching for a bottom we have supports at 22935, 21886 (Channel bottom support) and finally 21232 major support which is also pretty close to the lows of June 2024 Election result day lows which was at 21281. things hanging by the thread and shadow of the candle is Neutral to negative. Hoping for a short covering / Technical bounce anytime next week. Everything depends on the budget now. If the budget is good we can see a comeback rally in Nifty if not we will see it forming a bottom in mid or end February 2025.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
bullish rally for AUDJPYI have marked 3 circles where the price has made a strong support plus the price has also indicated a broken trendline although the last bullish divergence is playing its role in pushing the price upwards the true confirmation of a bullish trend will be when the price will break the previous marked LH.