GBP_JPY RISKY SHORT|
✅GBP_JPY is retesting a resistance level of 195.000
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Techincalanalysis
BTCUSD Set To Grow! BUY!
My dear followers,
This is my opinion on the BTCUSD next move:
The asset is approaching an important pivot point 10437
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 10510
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
APPLE What Next? BUY!
My dear followers,
I analysed this chart on APPLE and concluded the following:
The market is trading on 222.79 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 233.53
Safe Stop Loss - 217.21
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
QQQ Massive Short! SELL!
My dear subscribers,
QQQ looks like it will make a good move, and here are the details:
The market is trading on 529.65 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 519.17
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPUSD TRADE SETUPPotential Trade Setup on GBPUSD
The price has successfully retest a very strong resistance zone, as we can see that the Trend remains bearish and the set Trendline keeps the price on the lower part of the market.
The price is developing, and I am waiting for a retest of the previously broken support and used as resistance before I look for a SHORT trade.
A BUY opportunity is at the top above the weekly Low at 1.2593.
You may find more details in the chart!
Thank you and Trade Responsibly!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading
Gold Price Forecast: Key Levels to Watch !!Gold Price Analysis: 🔑 Key Zones and 📉 Potential Reversal at MA200
1️⃣ Resistance Zone 🟥:
The red-highlighted area marks a strong resistance zone. A breakout 🚀 above this level could lead to bullish momentum.
2️⃣ Liquidity Zones 💧:
The "In LQ" region shows where liquidity may be resting, suggesting possible retracements or reversals near this point.
3️⃣ 200 EMA Support 📊:
The MA200 (2,734.059) is a critical support level. A breakdown 🔻 here could send prices lower, testing further support levels.
📈 Potential Scenarios:
🔼 Bullish: Break above resistance 🟥 with higher highs.
🔽 Bearish: Rejection from resistance 🟥 leading to a drop toward the MA200 support 📉.
Watch these levels closely! 🔎
Netflix on the Rise Bullish Breakout in Motion!Trendline Support
The price is respecting an ascending trendline, indicating a strong bullish sentiment.
Recent candles have bounced off this support line, confirming its reliability.
Breakout Confirmation
The price has broken above a key horizontal resistance level around $870.
This breakout suggests bullish continuation, especially with volume support.
Risk-to-Reward Setup
A well-defined risk-to-reward ratio is visible.
Stop-loss appears to be placed below $853, protecting against a false breakout.
Target set around $939 aligns with a significant resistance zone, offering a potential reward.
Indicators
Positive price momentum is evident, with higher highs and higher lows forming.
Likely supported by broader market strength in tech stocks.
Next Steps
Monitor the price action for sustained movement above $870.
A retracement to retest the breakout level could provide a secondary entry.
Key resistance to watch: $900 and $939.
NFLX is poised for a bullish continuation, with the current setup offering a high-probability trade opportunity.
Why You Should Consider Buying ARKK ETF: A Gateway to InnovationOverview of ARKK
ARKK is the ticker symbol for the ARK Innovation ETF, managed by the investment firm ARK Invest, led by Cathie Wood. The ETF is renowned for its focus on high-growth, innovative companies across various sectors such as technology, healthcare, artificial intelligence, and renewable energy.
Key Features
Focus on Disruptive Innovation:
ARKK invests in companies at the forefront of transformative technologies, including:
Genomic research and biotechnology.
Robotics and automation.
Artificial intelligence (AI).
Blockchain technology.
Electric vehicles (EVs).
Active Management:
Cathie Wood, the fund's visionary manager, is known for her bold and aggressive investment strategies, targeting high-risk, high-reward opportunities in emerging industries.
Portfolio Composition:
ARKK's holdings include trailblazing companies such asTesla, **Roku, Zoom Video Communications, CRISPR Therapeutics, and Block (formerly Square). The portfolio is actively managed and adjusted based on ARK Invest's extensive research.
Risk-Reward Profile:
As a high-risk ETF, ARKK is characterized by significant price volatility. It appeals to long-term investors willing to weather short-term fluctuations in pursuit of substantial growth potential.
Performance:
Boom in 2020: ARKK experienced remarkable growth during the pandemic, fueled by a surge in tech stocks.
Challenges in 2022: The fund faced a steep decline due to corrections in the tech sector, rising interest rates, and economic uncertainties.
Expense Ratio:
ARKK has an annual management fee of approximately 0.75%, higher than the average for ETFs, reflecting its active management approach.
Target Audience:
ARKK is ideal for investors who believe in the long-term potential of disruptive innovation and are comfortable with short-term losses for the prospect of future gains.
Risks to Consider
Sensitivity to macroeconomic factors (e.g., interest rate hikes).
Vulnerability to downturns in the technology sector.
Heavy exposure to companies with low or negative earnings.
Why Buy ARKK?
Investing in ARKK provides exposure to groundbreaking technologies and industries poised for exponential growth. While it carries higher risks, it offers the potential for substantial long-term rewards. Whether you’re an experienced investor or a believer in the future of innovation, ARKK is a compelling addition to a forward-thinking portfolio.
ISCTR - 4 months HEAD & SHOUOLDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
═════════════════════════════
GBPJPY Trade IdeaWe have what could be a build up for a possible buy on GBPJPY. We have a short term bullish trend inside our overall bullish trend. There was a break above a key level, a pull back followed by a rejection on that key zone will be a confirmition of a buy, anticipating for the market to push to the upside
AVAX at a Turning Point: Key Levels to WatchHello, Traders!
After reaching its local high last month, AVAX price experienced a significant correction, dropping by 40% from its peak.
Such a correction is not unusual after a strong rally and can be seen as a healthy market reset.
Currently, AVAX is trading near its local bottom, showing signs of stabilization.
The current price action indicates that we might be approaching a critical inflection point, and there’s a high probability that the price will resume its uptrend toward new highs.
For this bullish scenario to play out, it's crucial for AVAX to rise above the $42-$44 resistance levels.
Breaking these levels would invalidate the current local descending trend and signal renewed strength in the market.
Once the price establishes itself above the $44 mark, the uptrend can be considered official, with the $54 area emerging as the next major target.
Traders should also keep an eye on volume spikes, as increasing volume near resistance levels would confirm buying pressure and strengthen the breakout scenario.
However, if AVAX fails to reclaim the $42-$44 range in the near term, we could see further consolidation or even a retest of lower support levels.
Please don’t forget to boost this idea and leave your comments below.
Smart Money Strategy: Short Opportunity with EUR/JPY Smart Money Strategy: Opportunity with EUR/JPY at Key Fibonacci Levels
The EUR/JPY pair is currently facing downward pressure, trading around 161.10, as speculation mounts over a potential rate hike by the Bank of Japan (BoJ). With market expectations nearing a 92% likelihood of a rate increase by the BoJ in their upcoming January meeting, this could push short-term borrowing rates to the highest since the 2008 financial crisis, bolstering the Japanese Yen.
Key Levels for Strategic Entry:
Optimal Short Entry :
Focus on the 162.103 level, where the pair may encounter significant resistance.
Fibonacci Reversal Points
: The 0.75 and 0.71 levels are more than technical markers; they are critical points where institutional investors—often referred to as the 'smart money'—typically engage. These levels are key for identifying potential shifts in market dynamics.
This trade is not just about capitalizing on market trends—it's about strategically positioning at a technically significant level to maximize the potential for profits.
Follow for more insights and ideas
#tradingforex #trading #forex #tradingstrategy #Smartmoneyconcept #SMC #tradingtips #trader
HD TREND BULLISH Home depot - Bullish
Key points :
Tech View :
Weekly - Uptrend and Strong Support Level
Day - Higher High Makes ( Uptrend )
Wait for Little Bit Correction .
Entry - 398 $
Stoploss - 379 $
Target - 429 $
This is Not a Recommendation . Only for Educational Purpose ..
Thank You .. Happy Trading ..
SILVER Will Go Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 30.469.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 31.385 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
Today's Market Overview and for Tomorrow Today's Market Overview:
General Trend:
The market seems to be consolidating after breaking key structural levels (BOS and CHoCH). The price is hovering near resistance zones (Premium and EQH) and shows potential for a move toward lower support zones (Discount and Equilibrium).
Key Support and Resistance Levels:
Support Zones (Fibonacci Levels):
The range of $2,690 to $2,684 serves as a critical support area.
Resistance Zones:
The area around $2,718 to $2,725 acts as a strong resistance zone, likely to impede further upward movement.
Scenarios for Tomorrow (January 21, 2025):
If the price breaks above the $2,718 level and sustains, it may target the next resistance at $2,725 or higher.
If the price drops below $2,698, it could retest the support zone between $2,690 and $2,684.
Fibonacci Insights:
Key Retracement Levels:
Based on the chart, critical Fibonacci retracement levels seem to align near $2,705 (0.382) and $2,690 (0.618), making these levels important for potential reversals.
Recommendations for Tomorrow:
For Bullish Traders:
Wait for the price to stabilize above $2,718 and look for buy (long) opportunities targeting $2,725 or beyond.
For Bearish Traders:
If the price breaks below $2,698, short positions targeting the $2,684 support zone could be profitable.
GOLD 30m CHART ROUTE MAP & TRADING PLAN FOR DAILYGold (XAU/USD) Outlook for the Upcoming Week:
The outlook for XAU/USD in the coming week depends on a combination of technical, fundamental, and economic factors, including the Federal Reserve's policy, economic data, and the strength of the U.S. dollar. Here's an analysis based on the provided chart:
Technical Analysis:
Overall Trend:
The chart shows a medium-term uptrend, with higher highs and higher lows forming.
A small pullback is observed toward the end of the chart, which could potentially act as a retracement before resuming the uptrend.
Key Levels:
Support Levels:
$2,700 is the nearest support level.
A deeper support is located at $2,685.
Resistance Levels:
Immediate resistance lies between $2,715 and $2,720.
A breakout above this zone could push prices toward $2,735.
Indicators (if applicable):
Indicators such as RSI or MACD (not shown in the chart) can confirm whether gold is in overbought or oversold territory. If RSI is above 70, it might suggest selling pressure could emerge soon.
Fundamental Analysis:
U.S. Economic Data:
Key economic releases, such as inflation data (CPI) or employment reports, could influence the dollar. Weak U.S. data typically supports gold prices.
Federal Reserve Policy:
Any dovish signals from the Fed, such as reluctance to raise interest rates further, would be bullish for gold as a non-yielding asset.
Geopolitical Risks:
Heightened geopolitical tensions could increase demand for gold as a safe-haven asset.
Forecast for the Week:
If prices hold above the $2,700 support level and break the $2,720 resistance, a continuation of the uptrend is likely.
Failure to hold $2,700 could lead to a decline toward $2,685 or even $2,665.
GBPJPY My Opinion! SELL!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 1.1373 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable GBPJPY continuation.
Target - 1.1313
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
XRP macro analysis ⏰ ripple ✴️As predicted case win to bottom everything got completed 🚀
BITSTAMP:XRPUSD from 2021 announced everything on track 😏
Here macro analysis on RIPPLE ✴️ BINANCE:XRPUSDT ....... Long term 📌 #DYOR
Buy :: $0.35 - $0.55 ( use only 70-80% liquid 💰 )
Sell :: $3 - $6 - $9 ( I am not expecting more than these )
#imo ( in my opinion ) -->> my personal target is $6
Let's talk about TECHNICAL ANALYSIS there n number of charts 📉 avilable with me to provide but simple way i provided here 😃 different ways of working charts will be provided below 👇
26 BARs from top 🔝 bull 🐂 run trend line formation was broken 😂 same still going 3rd time
But there was negative sign bcs still price doesn't breach $1
This is the main reason I said used only 70-80% liquid 💰
Here my backup plan on BITSTAMP:XRPUSD using remaining liquid 💰 30-20%
BUY :: $0.045 - $0.0856
Sell :: $0.4 - $0.6 ( i will close when it shows my liquid )
Very less chances are there to get active negative scenario 📌
Note 📌 i will update under post any news 🗞️ or qucik move on price & every time crucial update
Chart updates every 3-6 months
So make shure following article also update you whenever I am updating it 🤍
Giving boosting 🚀 is ur responsibility updating is my responsibility 😏
I keep wave , liquid supply and demand etc ... Charts 📉 🧵 👉
TradeCityPro | LTCUSDT Potential Approval of ETFs👋 Welcome to TradeCityPro Channel!
Let’s delve into the analysis of LTC, one of the oldest coins in the market. Recently, there have been rumors about its potential inclusion in ETFs, which could attract a good amount of capital and lead to promising movements in the future.
🌐 Overview Bitcoin
Before starting today’s altcoin analysis, let’s look at Bitcoin on the 1-hour timeframe. Since yesterday, Bitcoin experienced a correction, which was necessary for the market, and it pulled back to the 102135 range. The next trigger for a long position will be a breakout above 104714.
Yesterday’s correction, coupled with an increase in Bitcoin dominance, caused noticeable declines in some altcoins. This highlights the importance of monitoring BTC pairs in your checklist these days.
📊 Weekly Timeframe
In the weekly timeframe, Litecoin’s chart reminds me of forex charts because it’s one of the oldest coins that has survived and spent a significant amount of time in a ranging market.
As a reminder, don’t develop emotional attachments to your coins. Don’t assume that any coin is guaranteed to rise. We are here to trade and improve our lives through trading. The chart is what matters. Many coins that were in the top 10 during previous bull runs no longer exist, and Litecoin remains due to its role as a payment coin.
If you entered at the 75.91 breakout trigger, I suggest holding your position for now. It seems like the news of ETF approval is being priced in, but be aware of the risk and continue holding. Breaking the 135.55 trigger will be challenging.
For a new buy entry, the current trigger is the 135.55 breakout. Until the price drops below 47.19, holding is a viable option. Personally, I wouldn’t buy into it, as even the founders of this project seem to have abandoned it.
📈 Daily Timeframe
In the daily timeframe, Litecoin shows an upward trend. After breaking the 74.72 resistance (the top of its daily box), it moved far from it without even a pullback, indicating its relative strength compared to other altcoins.
Following the 74.72 breakout, the price reached the critical weekly resistance of 136.97 and then corrected to 97.91. Drawing a Fibonacci retracement reveals that the 97.91 support aligns with the 0.382 Fibonacci level. A breakout from this level could spark a sharp new upward movement.
Currently, the price is below the critical 136.97 resistance. Buying after a breakout here would be logical and worth the stop-loss risk. Given the recent strong volume, a breakout above 136.97 with a stop-loss at 97.91 is a reasonable entry strategy.
In case of a drop, the price could pull back to the 116.76 level initially and potentially further to 97.91. However, momentum would likely weaken at this point. If 97.91 breaks, deeper corrections could occur, targeting 83.53 and 74.22, though a drop below 97.91 seems unlikely for now.
⏱ 4-Hour Timeframe
In the 4-hour timeframe, after a false breakout below the 97.91 support, Litecoin began a sharp upward movement, shifting its cyclical trend in this timeframe.
📈 Long Position Trigger
I plan to open a futures position after a breakout above 137.99 or earlier if I observe strong momentum. I’ve partially locked in profits from my entry at 104.95.
📉 Short Position Trigger
I won’t consider it as long as the price stays above 115.42 unless the price forms lower highs and lows. Even then, I’d focus on coins still in their daily range boxes rather than those with an upward trend like this one.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
QQQ Buyers In Panic! SELL!
My dear subscribers,
This is my opinion on the QQQ next move:
The instrument tests an important psychological level 521.74
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 513.22
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
UKX - 8 months SYMMETRICAL TRIANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk.
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