NATURAL GAS FUTURE may catch Fire...MCX:NATURALGAS1! trade at 188.80. After breakout you can watch for 200 & 220 target with SL of 180 & 170
Supportandresistancezones
End of Year StatsIts been 25 weeks of posting swing zones and levels including corresponding trades based on price action around these zones and levels.
To this end we PINCHED 1270 PIPS @ an average of about 4-5 trades per week, with the following parameters:
1. Entry on the 5mins charts
2. Stoploss, SL @ 10-15 pips
3. Usually moving SL to Breakeven, BE once trade pinches +20pips
4. Take profit @ 90 - 100pips or @ Swing zone or level
Next year holds a great promise.
Next SZs to commence from Week 2 2025.
HAPPY NEX YEAR
$ASND Analysis and Prediction for Ascendis Pharma A/SChart Overview:
Instrument: Ascendis Pharma A/S (ASND)
Timeframe: 1-Hour Chart
Key Features:
Dark Pool Level: Highlighted at $140 (critical resistance).
Pivot Resistance: R1 ($141.91) as a significant resistance level.
Support Levels: S1 ($130.43), MY TGT ($127.07), and S2 ($124.47).
Trendlines:
Green ascending trendline providing support.
Price approaching a wedge structure, tightening between resistance and support.
Volume: Recent increases in volume, particularly on dips, indicate potential accumulation.
Key Observations:
Resistance at $140 and $141.91:
The price has faced multiple rejections around the $140-$141.91 zone, forming a strong resistance.
These rejections are marked by lower highs, signaling seller strength at these levels.
Support at $135.85 and $130.43:
The $135.85 pivot level aligns with the ascending green trendline, acting as immediate support.
A breakdown below this level could lead to a move toward $130.43 (S1 support), followed by $127.07.
Ascending Wedge:
The price is tightening within an ascending wedge pattern, with the upper bound at $140 and the lower bound following the green trendline.
This setup suggests an imminent breakout or breakdown.
Volume Analysis:
Increasing volume on support bounces shows potential buyer interest.
However, lack of volume during rallies toward resistance ($140) indicates hesitation to push higher.
Trading Scenarios:
Scenario 1: Bullish Breakout:
Entry:
Go long above $140 with confirmation (strong candle close above resistance and increased volume).
Targets:
Target 1: $141.91 (R1 resistance).
Target 2: $144-$145 (psychological resistance and potential Fibonacci extension).
Stop Loss:
Below $135.85, invalidating the breakout.
Scenario 2: Bearish Breakdown:
Entry:
Go short below $135.85, confirmed by a breakdown of the ascending green trendline and volume spike.
Targets:
Target 1: $130.43 (S1 support).
Target 2: $127.07 (MY TGT and stronger support zone).
Target 3: $124.47 (S2 support).
Stop Loss:
Above $140, invalidating the bearish thesis.
Risk Management:
Use a 1:3 risk-to-reward ratio to ensure profitable trades.
Adjust position sizes according to individual risk tolerance.
Volume Consideration:
A volume spike at key levels (breakout above $140 or breakdown below $135.85) will validate directional moves.
Weak volume during consolidation increases the likelihood of a false breakout or breakdown.
Summary:
The current chart setup for ASND suggests a critical decision point. The ascending wedge pattern indicates tightening price action, with resistance at $140-$141.91 and support around $135.85-$130.43. A breakout or breakdown from this zone will determine the next significant move. Traders should monitor volume and price action closely for confirmation.
BTC ANALYSIS🔮 #BTC Analysis 🚀🚀
💲💲 #BTC is trading in a Ascending Broadening Wedge Pattern. And we can expect a pullback towards its support area and then a pullbacks from support zone.
💸Current Price -- $93,780
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BTC #Cryptocurrency #DYOR
Analysis and Prediction for Starbucks Corporation SBUXChart Overview:
Instrument: Starbucks Corporation (SBUX)
Timeframe: Daily Chart
Indicators and Features:
White Dashed Lines: Represent key dark pool levels.
Trendlines:
Red lines represent major resistance.
Green line marks ascending support.
Supply Zone (SZ) and Demand Zone (DZ)**: Highlight potential zones of liquidity and institutional interest.
Pivot Levels: R1 at 102.59 and R2 at 108.73 serve as key resistance levels.
Key Observations:
Descending Resistance:
The upper red trendline shows a long-term descending resistance.
SBUX recently tested this resistance around the R1 (102.59) level but failed to break out, leading to a rejection and drop.
Dark Pool Levels:
Key levels to watch:
$98.60: Acts as immediate resistance and a potential reversal point.
$91.65: A key demand zone (SZ) aligned with a dark pool level.
$86.30: Lower demand zone and ultimate support for bulls.
Ascending Support (Green Line):
The ascending green trendline has held as a strong support level during prior dips.
The current price bounced off this support around $86.30, indicating buyer strength.
Potential Reversal Zone:
After a sharp selloff, the price has bounced back to the $91-$93 range, which lies close to a short-term support zone (SZ).
This indicates a possible consolidation before the next significant move.
Pivot Levels and Supply Zone:
The R1 (102.59) level is a critical resistance, aligning with the red descending trendline and prior rejection.
R2 (108.73) represents the next profit target if SBUX can break above R1.
Trading Strategy:
Scenario 1: Bullish Breakout:
If the price sustains above $94.00, we could see bullish momentum toward the following:
Target 1: $98.60 (dark pool resistance).
Target 2: $102.59 (R1 and major resistance).
Target 3: $108.73 (R2).
Entry:
Long positions above $94.00 with confirmation (strong volume and candle close).
Stop Loss:
Place below $91.00 (below the demand zone and green support trendline).
Scenario 2: Bearish Continuation:
If the price fails to break $94.00 and reverses, we could see:
Target 1: $91.65 (demand zone/dark pool support).
Target 2: $86.30 (ascending trendline support and demand zone).
Entry:
Short positions below $91.00 if breakdown is confirmed.
Stop Loss:
Place above $94.00.
Risk Management:
Use a 1:3 risk-to-reward ratio.
Position size should reflect individual risk tolerance and account size.
Volume Consideration:
Watch for a volume spike near key levels (94.00 or 91.65) to confirm breakout or breakdown scenarios.
Summary:
This chart shows a critical point for SBUX, where buyers are defending a demand zone ($91.65-$93.00). A breakout above $94.00 would suggest a move toward $98.60 or higher, while a failure to hold above the green trendline would indicate further downside to $86.30.
QNT Breaks Out! Is a 64% Rally on the Horizon?QNT/USDT has broken out of a descending triangle, signaling a potential bullish move. If the breakout holds, the price could target a 64% upside, as projected by the measured move.
Watch for a retest of the breakout level and triangle support for confirmation.
Will USDT.D Rejection Spark an Altcoin Rally?USDT dominance is nearing a key resistance trendline while holding above critical support.
A rejection here could signal increased capital into altcoins, boosting their prices. However, a breakout above the trendline may pressure altcoins further.
Watch closely for the next move!
DYOR, NFA
ORDI 1D | Plan If the price reclaims the blue box first, it can target the range EQ and then the red box above.
PIKK 1H Swing Long Conservative Trend TradeConservative Trend Trade
+ long impulse
+ 1/2 correction
+ T2 level ? (new spread)
+ support level
+ biggest volume Sp
+ weak test
Calculated affordable stop limit
1 to 2 R/R take profit
Daily context
"+ long impulse
+ 1/2 correction
- SOS level above JOC
+ support level
+ volumed Sp
+ weak test"
Monthly context
"- short impulse
+ volumed T1
+ support level
+ biggest volume 2Sp+ in 4d"
Yearly context
"- no trend
- context direction short"
Moodeng/USDT Breaks Resistance: Major Rally Ahead?Moodeng/USDT has successfully broken above the descending resistance line and is moving upward, supported by the rising trendline.
If the price breaks above the marked resistance zone and secures a proper closing, it could trigger a significant upward move.
Disney - Don't Miss This Reversal Now!Disney ( NYSE:DIS ) is about to retest strong support:
Click chart above to see the detailed analysis👆🏻
Even though Disney has been consolidating for about 10 years now, it is still providing bullish trading setups. Especially the current horizontal support has been holding Disney above water and it is more than likely that Disney will create another bullish reversal away from this level.
Levels to watch: $85
Keep your long term vision,
Philip (BasicTrading)
$SLV Trade Analysis DarkPoolsChart Overview:
Instrument: iShares Silver Trust (SLV)
Timeframe: 4-hour chart
Indicators on Chart:
Moving Averages: Likely 8 EMA and 21 EMA for short-term trend analysis.
Dark Pool Levels: Represented by white dashed lines at key levels.
Trendlines:
Red Line: Downtrend resistance.
Green Lines: Support forming an ascending wedge after a potential trend reversal.
Horizontal Resistance:
Yellow Line at $29.00: Major psychological and technical resistance.
White Dashed Lines near $28.20 and $26.53: Key dark pool levels.
Key Observations:
Descending Channel Reversal:
SLV was previously in a clear downtrend marked by the red resistance and green support lines.
The recent breakout above the green support line and consolidation near $27 indicates a potential shift in momentum.
Ascending Triangle Formation:
After the breakout from the previous downtrend, the price has formed a triangle pattern, with resistance near $27.08 and ascending support at $26.96.
This formation is often a bullish continuation pattern, suggesting an imminent breakout if the price can breach the resistance.
Dark Pool Levels:
$28.20: An immediate target, aligning with prior price action and a dark pool level.
$26.53: A significant support level where institutional activity may provide a floor for the price.
Resistance and Support Levels:
Resistance:
$27.08: Triangle resistance.
$29.00 - $29.13: Major resistance and likely profit-taking zone.
Support:
$26.96: Immediate ascending support line within the triangle.
$26.53: Key dark pool support level and invalidation zone for a bullish outlook.
Volume:
A breakout above $27.08 should ideally be accompanied by a volume spike to confirm institutional buying and sustained bullish momentum.
Trade Idea:
Entry:
Breakout Entry: Enter above $27.08 with confirmation (strong candle close and increased volume).
Pullback Entry: Enter near $26.96, the lower support of the triangle, for a better risk-reward setup.
Profit Targets:
$28.20: First target aligning with the dark pool level.
$29.00: Major resistance and likely profit-taking zone.
$29.13: Final target, slightly above the psychological resistance zone.
Stop Loss:
Close below $26.53: Invalidation of the bullish setup and indicates a likely continuation of the downtrend.
Risk Management:
Position size should be calculated based on risk tolerance.
Ensure a risk-to-reward ratio of 1:3, considering the entry near $27.08, stop loss at $26.53, and first target at $28.20.
Additional Notes:
Volume Confirmation: A breakout above $27.08 should be accompanied by a surge in volume to validate the move.
Dark Pool Influence: Watch price behavior near $28.20 and $26.53 to gauge institutional activity.
Caution: If the price consolidates too long near the triangle resistance without breaking out, it may signal weakness and increase the probability of a breakdown.
$XOM Trade Analysis DarkPoolsKey Observations:
Descending Wedge Pattern:
The chart shows a descending wedge, marked by a narrowing price range between the green support line and red resistance line. This is a bullish reversal pattern.
Price is currently testing the upper red resistance trendline, signaling a potential breakout.
Dark Pool Levels:
Key levels include:
111.76 (BA SW).
110.82 and 109.12 acting as potential support or resistance zones based on price action.
These levels suggest significant institutional activity, making them critical for trade planning.
Support and Resistance:
Support levels:
The wedge's lower green trendline near 106.28.
Major dark pool support at 104 (BB SW 104).
Resistance levels:
108.07 (Dark Pool Level).
111.76 and 112.00 (Dark Pool and Fibonacci target).
Higher targets at 115.00, 117.50, and 120.00 (Fibonacci extensions).
Trend Analysis:
The price is currently near the 8 EMA and 21 EMA, suggesting consolidation and potential for a breakout.
A break above 108.07 (dark pool level) could trigger bullish momentum.
Trade Idea:
Entry:
Breakout Entry: Enter above 108.07 if confirmed with strong volume.
Pullback Entry: Enter near 106.28, the lower wedge support, for a better risk-to-reward ratio.
Profit Targets:
112.00: First target aligning with Fibonacci and dark pool levels.
115.00: Second target, key Fibonacci extension.
117.50: Third target based on continued bullish momentum.
120.00: Final target for a strong bullish move.
Stop Loss:
Close below 106.00: Invalidates the wedge pattern breakout.
Close below 104.00: Signals bearish continuation, as the price would break significant support.
Risk Management:
Ensure position size aligns with risk tolerance.
Risk-to-reward ratio should be at least 1:3, considering entry at 108.07, stop loss at 106.00, and initial target at 112.00.
Additional Notes:
Volume Confirmation: Look for above-average volume on breakout above the wedge's resistance line.
Dark Pool Reaction: Monitor price action near dark pool levels (especially 108.07 and 111.76) for reversals or breakouts.
Fibonacci Levels: Higher Fibonacci extensions suggest strong potential upside if the breakout is sustained.
$SPY Trend Analysis DarkPoolsChart Overview:
Instrument: SPDR S&P 500 ETF Trust (SPY)
Timeframe: 4-hour chart
Indicators on Chart:
Moving Averages: Two moving averages, possibly the 8 EMA and 21 EMA, are visible and used for trend analysis.
Dark Pool Levels: Represented by white dashed lines.
Fibonacci Extensions: Horizontal levels plotted as profit targets.
Trendlines:
Yellow Lines: Represent a rising channel encompassing long-term price movement.
Red and Green Lines: Form a triangle pattern suggesting potential price breakout.
Volume Indicators: (Not directly visible, but implied in analysis as crucial.)
Key Observations:
Dark Pool Levels:
A level around 605 (BA SW 605).
Another level at 586.16 (BB SW 585). These levels often indicate significant institutional trading activity and are likely areas of support/resistance.
Triangle Breakout:
Price has broken out of a triangle pattern (green and red lines), indicating bullish momentum.
The breakout occurred after a strong push above the 597.12 - 596.11 zone, confirmed by the candle close.
Trend:
The price is trading above both EMAs, which signals bullish momentum.
The broader channel suggests an upward trend with potential consolidation at the top.
Targets:
Fibonacci-based profit targets are clearly defined at:
607.50
610.00
612.50
615.00
The first target (607.50) aligns with a critical resistance zone, suggesting potential short-term profit-taking.
Support Zones:
The previous triangle breakout zone (around 596.11) serves as a strong support.
The lower dark pool level (586.16) provides additional safety if the price retraces significantly.
Trade Idea:
Entry:
If not already entered, consider a pullback entry near the 597-596 range, which aligns with the EMAs and breakout level.
Profit Targets:
607.50: Partial profit-taking area; first resistance.
610.00: Secondary target if bullish momentum sustains.
612.50: High-probability target if momentum accelerates.
615.00: Final target aligning with the Fibonacci extension.
Stop Loss:
Close below 596: Invalidates the bullish triangle breakout.
Final Stop: Close below 586.16 (dark pool support), marking a shift to bearish momentum.
Risk Management:
Position size based on risk tolerance.
Risk-to-reward ratio should ideally exceed 1:3, considering a stop at 596 and initial target at 607.50.
Additional Notes:
Volume Confirmation: Ensure the breakout is supported by a volume surge to validate institutional involvement.
Dark Pool Activity: Watch for price action near 605 (BA SW) as it could act as temporary resistance.
EUR/USD Break-and-Retest: Next Stop 0.97?Weekly Timeframe:
Clear downtrend with a rejection at the 50 MA and a break below key support. Next target lies around 0.97-0.98, a major demand zone.
Daily Timeframe:
Confirms the bearish bias with a retest of the broken support, now acting as resistance. Price remains below the 50 MA, signaling continued downside.
Correlation:
Both timeframes align in a bearish trend. Weekly sets the direction, while daily refines entry opportunities with break-and-retest setups.
SWING IDEA - POLYPLEXNSE:POLYPLEX has hit its 3 year low of 800 levels recently. At this zone, it can been that while the Price Action has been making Lower Low Pattern, the MACD however is starting to form a Higher High Pattern.
This MACD Higher Higher Pattern the recent crossover as well indicates a move in the upward direction.
Follow Strict Stop Loss here as any weekly closing below the Swing Low levels can only take the stock further downward.
This could potentially be a High Risk High Reward Trade. Take it only based on your Risk Appetite and Management.
$TSLA is now "Playing Ping Pong" Trade Analysis DarkPoolsOverview
Tesla Inc. (TSLA) is currently trading at $430.60, with significant dark pool activity at $430.75 (DP 1.5M). The stock is in an uptrend, but recent price action shows a pullback from the $492 high, indicating indecision. Tesla is now "playing ping pong" between the 4 EMA and 8 EMA, with price reacting to the $430.75 dark pool level.
Technical Analysis
Key Observations
Ping Pong Action:
The stock is oscillating between the 4 EMA (red) and 8 EMA (yellow), creating a range-bound movement as buyers and sellers fight for control.
The dark pool level at $430.75 is acting as a pivot point, with the price consolidating around this critical level.
Trend Analysis:
Tesla remains above the 21 EMA (blue), which indicates the uptrend is still intact despite the pullback.
A breakdown below the $430.75 dark pool level could signal further bearish momentum.
Dark Pool Activity:
The $430.75 (DP 1.5M) level represents significant institutional interest and is a critical support/resistance zone.
Failure to hold this level would likely lead to a test of lower targets, such as $399.45.
Fibonacci and Targets:
Target 1: $348.74.
Target 2: $306.85.
Target 3: $269.95.
These levels align with Fibonacci retracement zones and long-term support areas.
Trade Plan
Bullish Scenario:
Key Factors:
The price bounces off the 8 EMA or $430.75 dark pool level and reclaims the 4 EMA, signaling a bullish continuation.
Entry:
Long position above $435, confirming a bounce above the 8 EMA.
Profit Targets:
First Target: $450.
Second Target: $492.
Stop Loss:
Close below $430, as it invalidates the bullish setup.
Bearish Scenario:
Key Factors:
The price breaks below the 8 EMA and the $430.75 dark pool level, confirming bearish pressure.
Failure to hold the 21 EMA would accelerate the downtrend.
Entry:
Short position below $429, confirming a breakdown.
Profit Targets:
Target 1: $399.45.
Target 2: $348.74.
Target 3: $306.85.
Stop Loss:
Close above $435, as it invalidates the bearish setup.
Conclusion
Tesla is currently oscillating ("ping pong") between the 4 EMA, 8 EMA, and the $430.75 dark pool level, signaling consolidation with no clear trend direction yet. A break above $435 could lead to a retest of $450, while a breakdown below $430.75 may target $399.45 or lower. This setup offers clear entry points and risk management for both bullish and bearish scenarios.
ALRS 1D Long Investment Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar close entry
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Calculated affordable stop limit
Take profit
1/3 - 1 to 2 R/R
1/3 - 1D T2 / 1M T2
1/3 - 1/2 of 1Y
Monthly CounterTrend
"- short impulse
+ volumed TE / T1
+ support level
+ volumed Sp
+ test"
Yearly Trend
"+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ manipulation"
GBPUSD End of Year Swing ZonesLast trading week of the year.
SZ is calculated and set. Price already bouncing upward from SZ.
Entry @586
SL -10pips.
$SPY Trade Analysis DarkPoolsThis chart appears to be analyzing the SPY ETF (S&P 500 ETF Trust) on a 30-minute timeframe, with various levels marked for support, resistance, trendlines, and potential targets. Here’s a breakdown of the analysis based on what is visible in the chart:
Trend Analysis:
Downtrend Observed:
The red trendline indicates a clear lower highs (LH) pattern, suggesting a bearish structure.
The green trendline highlights a previous descending support line, which was broken, followed by a recovery.
Current Context:
SPY is below the red trendline, which is acting as resistance.
The price is hovering near the EMA cluster (moving averages such as 8 EMA and 21 EMA), indicating indecision or consolidation.
Key Levels:
Resistance Zones:
595.23 to 599.31: This range aligns with previous pivot points and overlaps with a lower high (LH), making it a significant resistance area.
604.37 (DP): A dark pool level from 12/18 indicates where institutional activity occurred. Breaking this level could signal bullish momentum.
Support Zones:
590.96 to 586.50: Price currently sits above this cluster, suggesting short-term support.
578.93 (90 SMA): The 90 SMA acts as a longer-term support level.
Potential Trade Ideas:
Bullish Scenario:
Entry: Above 595.23, ideally with a strong close above the red trendline.
Targets:
T1: 597.63
T2: 599.31
T3: 604.37
Stop Loss: Below 593.87, the most recent support level.
Bearish Scenario:
Entry: Below 586.50, confirming a breakdown below immediate support.
Targets:
T1: 585.00
T2: 580.00
T3: 578.93
Stop Loss: Above 588.00, invalidating the breakdown.
Indicators:
EMA Strategy: Watch for a cross of the shorter EMA (e.g., 8 EMA) below the longer EMA (e.g., 21 EMA) for bearish confirmation, or vice versa for bullish momentum.
Volume Confirmation: Increased volume at breakout levels strengthens the validity of the move.
Overall Outlook:
The current price action is consolidating between 595.23 (resistance) and 586.50 (support). This range-bound behavior may continue until a clear breakout or breakdown occurs.
A move above the red trend-line could suggest a bullish reversal, while a break below the lower support zone would confirm bearish continuation.
Why the 6:15 Candle is Key:
Liquidity Shift:
Around 6:15 a.m. EST, pre-market trading often experiences a shift in liquidity as larger institutional traders and automated systems begin positioning themselves ahead of the regular market open. This creates a noticeable increase in volume or volatility.
Reaction to Overnight News:
By this time, many traders have processed overnight news, including international market developments, economic data, or corporate announcements. The 6:15 candle often represents the market’s collective sentiment to these inputs.
Early Dark Pool & Futures Activity:
Institutional players and hedge funds might act on dark pool or futures activity signals around this time. For instance, the SPY chart you provided shows interest in identifying areas that coincide with pre-market setups for further price movement.
Key Levels for the Day:
The high and low of the 6:15 candle in pre-market trading are frequently used by day traders as pivot points. These levels often act as intraday support or resistance, with price reacting around these zones during the regular trading session.
Interpreting the 6:15 Candle in Your Chart:
Looking at your chart:
The 6:15 candle seems to be sitting just below key resistance at 591.14.
This candle’s high and low can serve as short-term levels:
High Break: A break above the 6:15 high signals bullish momentum.
Low Break: A move below the 6:15 low indicates bearish pressure.
For SPY, this candle is important because it often sets the tone for the first trading hour of the day.
How to Use the 6:15 Candle:
Range Breakout Strategy:
Mark the high and low of the 6:15 candle.
Use these as breakout or breakdown levels for the regular session.
Pre-Market High/Low Alignment:
If the 6:15 candle aligns with pre-market highs or lows, it reinforces the importance of those levels.
Volume Confirmation:
Check if the 6:15 candle has significant volume compared to previous candles. A spike in volume confirms institutional interest.
EMA Relationship:
Notice if the 6:15 candle is above or below key moving averages like the 8 EMA or 15 EMA. This gives insight into short-term sentiment.
In Summary:
The 6:15 pre-market candle acts as a pivotal reference point:
High and low levels often dictate intraday trading strategies.
It reflects liquidity shifts, news reactions, and institutional activity.
Use it alongside volume, EMAs, and resistance/support zones for more accurate predictions.
$TSLA Trade Analysis DarkPoolsOverview of Chart
The updated chart for TSLA shows additional volume information, key pivot levels (R1, R2, R3, P, and S1), and dark pool prints, which provide a clearer picture of institutional activity and support/resistance zones. The chart continues to reflect the stock's bullish trend but highlights a potential consolidation phase around critical resistance.
Key Observations
Trend Continuation with Consolidation:
TSLA remains in an uptrend, with the price still above the 8 EMA (white line), which acts as a short-term dynamic support.
However, the current candles indicate consolidation near the R2 pivot level ($443.60), where selling pressure is evident.
Dark Pool Prints and Institutional Activity:
The dark pool print at $436.17 (1.6M shares) remains a critical support level. This suggests institutional interest in this price area, likely acting as a floor for further pullbacks.
Holding above this level confirms bullish sentiment. A failure to hold this level could accelerate a bearish pullback toward lower pivot levels.
Volume Analysis:
The chart now shows elevated volume on recent red candles, which suggests increased selling pressure near resistance levels.
Notably, the volume spike is not overwhelmingly bearish, indicating potential profit-taking rather than a complete reversal of the trend.
Pivot Levels and Support/Resistance Zones:
Immediate Resistance: The R2 pivot ($443.60) is acting as a ceiling for TSLA's recent upward momentum. Breaking this level could result in a move toward R3 ($514.82).
Immediate Support: The dark pool level ($436.17) and the 8 EMA align as immediate support levels. Below this, the R1 pivot ($391.77) and 21 EMA ($393.86) represent the next significant supports.
Bearish Divergence Risk:
While the overall trend is bullish, the consolidation near R2 and elevated selling volume suggest a potential pullback if support levels fail to hold.
Trade Plan
Bullish Scenario:
Entry: A confirmed breakout above the R2 pivot ($443.60) with increasing volume. Ideally, a daily close above this level will confirm the breakout.
Targets:
First Target (T1): $456 (recent swing high).
Second Target (T2): $514.82 (R3 pivot).
Stop Loss: Below the dark pool level ($436.17).
Bearish Scenario:
Entry: If TSLA closes below $436.17 and the 8 EMA, indicating a loss of short-term bullish momentum.
Targets:
First Target (T1): $413 (pivot support).
Second Target (T2): $393.86 (21 EMA).
Stop Loss: Above the R2 pivot ($443.60).
Additional Considerations
Risk Management:
TSLA is volatile, and trades should consider position sizing and stop-loss placement to manage risk effectively.
Monitor the overall market sentiment (e.g., SPY, QQQ) for confirmation of broader trends.
Institutional Influence:
Keep an eye on how the price reacts to the dark pool print at $436.17. Institutional support or rejection here will guide the next move.
Broader Market Factors:
Tesla's price can be influenced by sector-wide news (e.g., EV market trends) and macroeconomic factors (e.g., interest rates or broader tech sentiment).
SMLT 1H Swing Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
- unvolumed T1
+ support level
+ volumed 2Sp+
+ weak test
+ biggest volume first buying bar close entry
Calculated affordable stop limit
1 to 2 R/R take profit
Daily CounterTrend
"- short impulse
+ volumed T1
+ support level
+ volumed manipulation"
Monthly Trend
"+ long impulse
+ T2 level
+ support level
+ biggest volume manipulation"
Yearly trend
"+ T1 level
+ support level
+ biggest volume manipulation?"
Intraday Levels for Nasdaq 100 Futures - 12/20/2024This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
