GbpJpyGJ will fall to its weekly support level as Japanese yen has got back its power last week and is trying push British pound to its lower levels so we will be seeing a downward move in the pair and we have sold it to our support level trader may see a pull back over to its Previous support became resistance level and then a fall to its weekly support
Thanx
Supportandresistancezones
XAUUSD /UNDER TENTIONS THE MIDDLE EAST - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
The price has declined by 1.15% since reaching the ATH , A further decline is anticipated, potentially reaching a 1.80% drop , Despite the decline, the text suggests that there is still upward pressure on the price, indicating a possibility of recovery or resistance against further losses , The author expects that if tensions in the Middle East continue, prices could rise above the ATH by 1.34% in October , This suggests a correlation between geopolitical events and market movements.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 2,600$, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above FVG between 2,650$ and 2,636$ , it's expected to rise to 2,686$.
- Target 2: If the price stabilizes above 2,686$, it suggest to reach new resistance level between 2,700$ and 2,721$.
Downward Condition:
- If the price falls below 2,636$ , it suggests a potential decline:
- Target : A decline to 2,600$.
EURUSD / INSIDE STRAIGHT CHANNEL - 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Trend:
Price Movement: The text discusses a decline in prices by 0.87% , Time Frame: It specifies the time period as the end of September and the beginning of October , Subsequent Increase: After the decline, prices increased by 1.38%.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 1.107, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 1.107, it's expected to rise to 1.120.
- Target 2: If the price stabilizes above 1.120, the next target is 1.124.
Downward Condition:
- If the price falls below 1.107, it suggests a potential decline:
- Target 1: A decline to 1.100.
- Target 2: If it breaks below 1.100, further decline is expected to 11.094.
Buy NZD/JPY Bullish ChannelThe NZD/JPY pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Channel pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 90.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 91.49
2nd Support – 91.92
Stop-Loss: To manage risk, place a stop-loss order below 90.35. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Micron Technology - The perfect chart!NASDAQ:MU is one of these stocks, which just respects every level, cycle and structure.
If I would give each chart an individual rating, the chart of Micron Technology would be 10 out of 10. Micron Technology is actually respecting every structure level and providing textbook trading opportunities. If we get a retest of the previous all time high, which is now turned support and perfectly lining up with the support of the rising channel, I will certainly look for longs.
Levels to watch: $90
Keep your long term vision,
Philip - BasicTrading
MU: Trading Around a Critical Resistance Level!Since MU broke through its reversal point at $91.47, the stock has entered bullish territory, and has now reached our technical target at $111, which was set in our last public analysis on September 18, when the price was around $88 (link below this post).
Now that the technical has materialized exactly as expected, according to the evidence we had at the time, we can update our reading.
Daily Chart (Left):
Resistance at $111: The price has reached its resistance at $111, however, it needs to close above it to confirm a true breakout. If a top signal materializes below this area, then a pullback might occur.
Support at $96.18: Should a pullback occur, the $96.18 level, aligned with the 21-day EMA, can provide support. The price is comfortably trading above this area, which reinforces the bullish momentum.
Gap Resistance at $127.24: If the bullish momentum continues, the next major level to watch is the gap resistance at $127.24. Closing this gap could provide a significant boost for the stock, as it will have cleared a major technical barrier.
Weekly Chart (Right):
Double Bottom Pattern: A clear double bottom is forming around the $85 level, which typically indicates a potential reversal pattern. The price broke through the neckline at $111, but it needs to close above it to confirm this pattern.
Projected Target at $157.54: Based on the double bottom pattern, the potential target is around $157.54. This key point is the next technical resistance.
Conclusion:
MU is in a bullish phase, trying to break through the $111 resistance. With the double bottom pattern in play, the stock has room to test the $127.24 gap resistance and potentially extend toward the $157.54 target. However, should watch for possible top signals, as this could bring a pullback to the $96.18 support area, which may offer buying opportunities if the trend remains intact.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Buy XAUUSD (Gold) Bullish FlagThe XAU/USD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Bullish Flag pattern. This suggests a shift in momentum towards the Upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around the current price of 2660, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 2681
2nd Support – 2696
Stop-Loss: To manage risk, place a stop-loss order below 2648. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDCAD / TRADING INTO DESCENDING CHANNEL & STRAIGHT CHANNEL - 4HUSDCAD / 4H TIME FRAME
HELLO TRADERS
Trend Analysis:
1. August Price Trend:
- The price decline of 4.04% indicates a downward trend throughout the month. This could be due to various factors like market conditions, seasonal variations, or external economic influences.
2. September Price Behavior:
- The initial 1.52% rise in September suggests a possible recovery or correction after the August decline. This could indicate a shift in market sentiment or a reaction to events that occurred at the start of the month.
- The predicted 1.93% decline by the end of September suggests that the recovery was temporary and that the overall trend may continue downward. This could imply continued bearish sentiment or anticipation of adverse conditions.
Technical Analysis:
1. Current Market Condition:
The asset is under bearish pressure , As long as the price remains above 1.361, the bearish momentum is expected to continue.
2. Upward Condition:
- Target 1: If the price breaking 1.361 by closing 4h candle above it , it's expected to rise to 1.370.
- Target 2: If the price stabilizes above 1.370 , the next target is 1.374.
3. Downward Condition:
- If the price trade below 1.361 , it suggests a potential decline:
- Target 1: A decline to 1.350.
- Target 2: If it breaks below 1.350, further decline is expected to 1.344.
USDJPY / EXPECTED RISING % 5.01 - 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
1. Trend Analysis:
- July: The prices showed a clear downtrend, declining by 14.25%.
- August: The trend was unstable, indicating high volatility. There were alternating movements:
- A rise of 5.01%, followed by
- A decline of 6.60%.
- September (Mid-Month): An expected uptrend is indicated, with a projected rise of 5.01%.
2. Volatility:
- The description of price movements in August suggests significant volatility. The lack of a clear trend could indicate market uncertainty or fluctuations due to external factors.
Technical Analysis:
1. Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 142.231, the bullish momentum is expected to continue.
2. Upward Condition:
- Target 1: If the price trades above 142.231, it's expected to rise to 147.179.
- Target 2: If the price stabilizes above 147.179, the next target is 149.345.
3. Downward Condition:
- If the price falls below 147.179 , it suggests a potential decline:
- Target 1: A decline to 139.713.
- Target 2: If it breaks below 139.713, further decline is expected to 137.306.
USOIL / TRADNING ABOVE SUPPORT LEVEL AT 67.19 - 4H USOIL / 4H TIME FRAME
HELLO TRADERS
Price Decline of 7.16%: The analysis suggests that there has already been a price drop of 7.16%. This could be the starting point for further analysis or an event that has already occurred.
Breaking and Stabilizing Below 67.19: The level 67.19 seems to be a significant support or resistance point. If prices break below 67.19 and stabilize, it indicates a bearish trend. This might suggest that further declines are likely.
Further Decline of 9.71%: Should the price fall and stabilize below 67.19, the analysis anticipates an additional 9.71% decline.
Current Trading Above 67.19: Presently, prices are still above the 67.19 level, signaling that the market has not yet broken this key point.
Expected Increase of 10.36% : The text predicts an upward movement of 10.36%, potentially implying bullish momentum if the price continues to hold above 67.19.
Possibility of Further Increase: There’s a suggestion that the price could rise even more beyond the 10.36% increase if current trends hold.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 67.19, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 67.19, it's expected to rise to 71.51.
- Target 2: If the price stabilizes above 71.51, the next target is 72.16.
Downward Condition:
- If the price falls below 67.19 , it suggests a potential decline:
- Target 1: A decline to 65.34.
- Target 2: If it breaks below 65.34, further decline is expected to 63.93.
NAS100USD / UNDER (Sep) MONTH PRESSURE - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Initial Decline:
In the first part of September, prices fell by 8.21%. This indicates a negative trend early in the month.
Mid-Month Rise:
By the middle of September, prices reversed and began to increase, rising by 10.25%. This suggests a recovery or positive momentum starting mid-month.
End of Month Expectation:
It is expected that by the end of the month, prices will rise further, reaching a total increase of 14.45%. This projection suggests a continuation of the positive trend that started mid-month.
Overall, the prices of nas100usd a volatile price movement, with an initial drop followed by a recovery and an expected significant increase by the end of September.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 19,954, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 19,954, it's expected to rise to 20,432.
- Target 2: If the price stabilizes above 20.432, the next target is 20,797$.
Downward Condition:
- If the price falls below 19,954 , it suggests a potential decline:
- Target 1: A decline to 19,844.
- Target 2: If it breaks below 19,844, further decline is expected to 19,535.
XAUUSD / TENTIONS MIDDLE EAST - 4HXAUUSD/ 4H TIME FRAME
HELLO TRADERS
Current Trend:
- Prices have risen by 2.21% and reached a target.
- Prices are now trading below $2,670.
Short-Term Outlook:
- There is an expectation of a 2.00% decline.
- For the downtrend to be confirmed, gold prices need to break below $2,600.
Further Decline Potential:
- If prices stabilize below $2,600, a further decline of 5.20% is anticipated.
Reversal Possibility:
- However, if prices stabilize above $2,615, a rise of 3.25% is expected.
Technical Analysis:
Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 2,615$, the bullish momentum is expected to continue.
Upward Condition:
- Target 1: If the price trades above 2,650$, it's expected to rise to 2,670$.
- Target 2: If the price stabilizes above 2,670$, the next target is 2,700$.
Downward Condition:
- If the price falls below 2,650$ , it suggests a potential decline:
- Target 1: A decline to 2,637$.
- Target 2: If it breaks below 2,637$, further decline is expected to 2,615$.
TSLA: Insanely Bullish - Next Key Points to Watch.In our last TSLA analysis we warned about resistance at $233 and that a breakout would take us to the next target at $245 to close the gap. Now, two weeks later, our target has not only been reached, but broken.
So I'll update you on the next key points to keep an eye on. Our last public TSLA study was done two weeks ago here on TradingView, and the link to it is below this post.
Daily Chart (Left):
Resistance at $265.13: The price is climbing toward the resistance at $265.13, which is a significant level as it marks the high from July. The price recently broke above $245.63, indicating strong upward momentum and clearing a key resistance level. Now, this previously broken resistance could act as a support.
Support at $233.09: The $233.09 level has held as a key support after the breakout in Sep 19, and the price has trended higher since bouncing off this level.
Trendline Support: The ascending purple trendline provides dynamic support, and the price has consistently respected it during this upward move. A break below this line could signal a potential change in trend, but for now, the trend is bullish.
Weekly Chart (Right):
Bullish Continuation: On the weekly chart, the price continues to show a strong bullish trend as it climbs higher after bouncing off key support at around $180. The recent price action suggests the potential for testing the $265.13 resistance.
Momentum: The 21-week EMA (blue line) continues to provide support, reinforcing the uptrend. This moving average has been well respected in the past, and the price staying above it is a positive sign for bulls.
Conclusion:
Tesla’s price action looks strong as it approaches a critical resistance at $265.13. If the price breaks and holds above this level, it could open the door for further gains. However, traders should monitor the $245.63 level, as it now acts as a support zone, while the purple trendline continues to offer a guide for the uptrend.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
NLMK 1H Long Swing Trend TradeTrend Trade
+ short impulse
+ support level
+ biggest volume T1?
- 1 bar reversal?
+ volumed 2Sp
+ weak test to 1/2
+ first bullish bar closed entry
Calculated affordable virtual stop
1 to 2 R/R expandable to 1D if closed Sp take profit
Daily Trend
" + long impulse
+ 1/2 correction
+ JOC level
+ support level
+ volumed manipulation"
Monthly Trend
"+ long impulse
+ T2 level
+ support level
+ volumed manipulation"
SPX Key $ Levels | 70%+ Accuracy! | WednesdayNew price targets for Sep 25 using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- Today's Targets
Overall we use stats and data pulled from a wide array of TradingView indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
XAUUSD / TRADING UNDER BULLISH PRESSURE - 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Gold prices have reached $2,630, driven by the conflict in the Middle East.
Trading above $2,600 indicates a current bullish sentiment, with a price increase of 1.20%.
If gold continues to rise from the current level, it is expected to increase by an additional 2.21%.
If gold breaks below the $2,600 support level, it suggests potential declines:
A 1.80% decrease . A more significant decline of 2.70% .
Technical Analysis:
1. Current Market Condition:
The asset is under bullish pressure , As long as the price remains above 2,600$, the bullish momentum is expected to continue.
2. Upward Condition:
- Target 1: If the price trades above 2,620$, it's expected to rise to 2,635$.
- Target 2: If the price stabilizes above 2,635$, the next target is 2,657$.
3. Downward Condition:
- If the price falls below 2,620$ , it suggests a potential decline:
- Target 1: A decline to 2,610$.
- Target 2: If it breaks below 2,610$, further decline is expected to 2,600$.
ONDO BREAKOUT Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout.
The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances and the trend is flipping bullish.
Bullish targets would be:
- Local high (LTF) $0.808
- Daily resistance (1D) $0.901
- Key S/R level (1D) $1.048
- ATH $1.50
Stop Loss:
- Local low (downtrend continuation) $0.58
ONDO being one of the standout RWA projects has a great R:R here for the next 6-12 months. Definitely a coin worth keeping an eye on.
SPX Key $ Levels | 70%+ Accuracy!New price targets for Sep 24 using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- Today's Targets
Overall we use stats and data pulled from a wide array of TradingView indicators and scripts so that I can have as much data as possible - even if it's unstructured or uncorrelated data. I then use AI and SOP's to systematically calculate a weekly and daily framework. My predictions are never 100% but ALL of them are mathematically proven to be 70%+ accurate historically or I wouldn't use them.
Most indicators I use on my Data Dashboard chart has the stats in their associated boxes that I show during the recording if you'd like to verify yourself.
Please leave me feedback as I am new to creating content and would like to improve.
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.