EURUSD Potential DownsidesHey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.06800 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.06800 support and resistance area.
Trade safe, Joe.
Technical Analysis
SWING IDEA - CHAMBAL FERTILIZERSChambal Fertilizers , a leading manufacturer of fertilizers and agri-products in India, is presenting a compelling swing trade setup with strong technical indicators.
Reasons are listed below :
Break of Cup and Handle Pattern : A classic bullish continuation pattern indicating potential for a significant upside.
Bullish Marubozu Candle : A strong bullish marubozu candle on the weekly timeframe highlights sustained buying pressure.
500 Zone Breakout : The price is attempting to break above the 500 resistance zone after consolidating near its all-time high, signaling strength.
Prolonged Consolidation Breakout : The stock is breaking out of a consolidation phase spanning over 3 years, suggesting a fresh trend initiation.
Target - 675
Stoploss - weekly close below 440
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Cardano With a Bright Bullrun!Hey Trader!
Cardano is trading within a descending channel, presenting a clear structure of lower highs and lower lows. While this pattern often leans bearish, there are signs of buyer activity, as evidenced by the repeated bounces off the lower trendline. This suggests that the market is at a pivotal moment, with the potential for a significant move in either direction.
The key resistance to watch is at $1.3269 . If ADA manages to break above this level and exit the descending channel with strong volume, it could signal the start of a bullish rally, potentially driving the price toward levels above $1.40 . Conversely, if the price fails to hold the current support at $1.0576 , a deeper drop toward $1.0378 could materialize, shifting the momentum decisively in favor of the bears.
The RSI indicator remains neutral, suggesting that the market is in a consolidation phase and building momentum for a breakout. Volume will be crucial in confirming the direction of the next move. With buyers stepping in to defend support and sellers maintaining pressure at resistance, this setup is nearing a critical decision point.
Stay alert for how ADA reacts around these levels—it could define the next major trend. What’s your take on ADA? Will it break upward or continue downward? Let me know in the comments!
Ferrari - Don't Miss Out on 50% ROI!Very strong setup here. Ferrari respects the SMA200 for years and did touch the SMA200 and bounce from it. It also respected the current trendline and the SMA200 and trendline bounce did happen at the 23rd Fib retrace level. Very bullish setup.
--
🐂 Trade Idea: Long - RACE
🔥 Account Risk: 20.00%
📈 Recommended Product: Stock
🔍 Entry: +/- 426,00
🐿 DCA: No
😫 Stop-Loss: 390,00
🎯 Take-Profit #1: 600.00 (50%)
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button!
—
Ferrari is a super strong brand. Backlog is huge and current waiting time is measured in years not months. Luxury stocks were punished during the last months because of fear of growth and a weak consumer but Ferrari is somewhat else. Misconceptions regarding shipments and China are putting pressure on Ferrari's shares since the third-quarter announcement. Nevertheless, the shipments' decline is a result of an ERP transition, and the reduction in China is intentional.
Don't forget, people who buy Ferraris do not care about inflation or the economic situation of a country. Also, you can't lease a Ferrari, you can only buy it. This gives the manufacturer a strong cashflow. In addition, Ferrari's unique market position, strong brand, and prudent management justify its high valuation and promise market-beating returns.
—
Disclaimer & Disclosures pursuant to §34b WpHG
The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only.
Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
GOLD--> Consolidation. Which Direction Will Momentum Take?Hello dear friends, Ben here!
Gold prices continue to consolidate sideways within a familiar range as the market eagerly awaits a new catalyst to determine the next directional move. What lies ahead, and what scenarios could unfold?
Meanwhile, sellers are holding back as they await key developments, including comments from Federal Reserve Chair Jerome Powell, U.S. employment data, and the CPI report, to gain insights into the Federal Reserve’s policy outlook. According to the CME FedWatch Tool, traders currently assign a 74% probability of the Fed cutting interest rates by 25 basis points at the upcoming policy meeting. However, theoretically, this remains uncertain, and the market may remain in consolidation until new information emerges.
On the technical side, gold may build bullish momentum to test critical resistance levels, which could potentially lead to a decline afterward. However, if the price breaks below the 2636 support level and consolidates beneath it, bearish pressure may emerge earlier than expected.
What are your thoughts? Share your insights, forecasts, and questions—let’s explore the ongoing dynamics of XAUUSD together!
Gold prices continue their downward trend, falling from $2,710.
Gold prices today continue their downward trend, trading around $2,642.
This decline comes as the market braces for the release of the highly anticipated U.S. labor report from the Department of Labor, scheduled for Friday. According to a Bloomberg survey, nonfarm payrolls for November are expected to show an increase of approximately 200,000 jobs.
However, remarks made by Federal Reserve Chair Jay Powell on Wednesday in New York also had a significant impact. Powell emphasized that the U.S. economy is in "very good shape," with risks to the labor market diminishing. This has raised concerns among investors that the upcoming jobs report could outperform expectations, potentially weakening gold’s outlook further.
From a technical perspective, the focus is on the descending wedge channel. If sellers manage to defend the resistance levels within this channel, the downtrend may persist. The next projected targets for the sell-off are $2,605, $2,547, and $2,471, respectively.
Share your thoughts, opinions, and questions—let's discuss what’s unfolding in the market!
GBPCAD: Important Breakout 🇬🇧🇨🇦
GBPCAD broke and closed above both a significant daily horizontal resistance
and a falling trend line.
The broken structure compose an expanding demand zone now.
The market has a great potential to continue rising.
Next resistance - 1.8
❤️Please, support my work with like, thank you!❤️
GOLD--> The bears are gaining strength! Next target: 2605OANDA:XAUUSD is declining after a false breakout of the resistance range. The fundamental backdrop is mixed and still does not allow for a clear medium- and long-term strategy to be formed. But!...
Trump's tariff policy and rising geopolitical tensions are influencing metal prices. Against the backdrop of a strengthening dollar and expectations of a Fed rate cut, gold prices are declining and confirming the market's structure.
Looking ahead, all eyes will be on U.S. employment data as the country will release multiple job-related figures ahead of the Non-Farm Payrolls (NFP) report on Friday.
From a technical standpoint, we have a trend to watch after leaving the rising channel support and the 2636 area, reflecting the prevailing bearish sentiment.
A breakout below 2636 could trigger aggressive selling against the backdrop of a newly strengthened dollar. However, the possibility of a retest of the area of interest before continuing the downward trend cannot be ruled out. Gold prices are expected to decline and reach levels of 2610 and 2596, respectively.
Bitcoin Hits $100K: What Does It Mean for Gold?Bitcoin’s historic surge past $100K has reignited debates about its role in the financial world. Fed Chair Jerome Powell weighed in, calling Bitcoin a "speculative asset," likening it to virtual gold rather than a competitor to the dollar:
"It's highly volatile, not a store of value or form of payment. It's really a competitor for gold."
With Bitcoin soaring, many are asking: Could this mark the beginning of a stronger correlation between Bitcoin and gold, or are they destined to move on separate paths?
Gold Faces Its Own Test
While Bitcoin grabs the headlines, gold prices slipped below $2,630 per ounce, pressured by firming U.S. Treasury yields. Benchmark 10-year yields rose 0.6%, as markets anticipate today’s U.S. Non-Farm Payrolls (NFP) report, expected to show 200,000 new jobs. A weaker report could lift gold, especially as traders assign a 74% chance of a 25-basis-point Fed rate cut in December.
Fed Chair Jerome Powell has emphasized caution, acknowledged the economy’s resilience but signaling a careful approach to rate cuts. Gold, often a winner in low-rate environments, now finds itself at a critical juncture.
Our Trading Plan for Gold
Key levels to watch as we await the NFP report:
$2,630: Monitor for price reactions to this recent support.
$2,537–$2,530: Look for potential opportunities at this deeper support range.
The Bigger Picture
As Bitcoin claims new highs and challenges gold’s status as a store of value, gold continues to be swayed by macroeconomic forces. Will gold bounce back, or is it preparing for further dips as Bitcoin surges?
Let us know your thoughts—will Bitcoin and gold align as Powell suggests, or will their paths diverge further?
For more in-depth gold analysis and updates, stay tuned. And as always, happy trading!
TradeCityPro | XAGUSD Analysis Ready to Move👋 Welcome to the TradeCityPro channel!
Let’s step away from the crypto market and Bitcoin's ATHs for a moment to take a closer look at Silver (XAGUSD). We'll analyze this chart technically and identify potential triggers for entry.
🌟 XAG Fundamentals
Silver (XAG) is one of the most versatile and historically significant commodities, valued both as a store of wealth and for its industrial applications. Understanding its fundamentals helps in
Mining Production: Major silver-producing countries include Mexico, China, Peru, and Russia. Any disruptions, such as strikes or environmental policies, directly impact supply.
Industrial Demand: Around 50% of silver's demand comes from industrial applications, such as electronics, solar panels, medical devices, and batteries.
Investment Demand: Silver is often seen as a hedge against inflation and is regarded as a "safe-haven asset" during periods of economic uncertainty.
Silver-Gold Ratio: Silver typically follows gold but tends to show higher volatility. A rising silver-to-gold ratio signals that silver is undervalued relative to gold, and vice versa.
Silver is a more affordable option for investors who want exposure to precious metals but cannot afford gold.
⏳ 4-Hour Time Frame
On the 4-hour chart, we see that the movements are clean and logical, making it easy to identify support and resistance levels. Most price actions have been steady, without unnecessary fluctuations, making this chart suitable for identifying trading opportunities.
📈 Long Position Trigger
We are currently trading in a box between 29.79 and 31.38, with the price at the upper boundary. A breakout above 31.38 would signal an opportunity for a long position, with the target set at 32.32.
📉 Short Position Trigger
If the 31.38 resistance proves to be a fake breakout, a short position could be considered after a break below 30.76, or after a consolidation period that weakens buyers’ momentum. Additionally, if the price breaks below 29.79, it would provide another opportunity for a short position.
By carefully observing these levels and market behavior, you can find suitable trading setups while managing your risk effectively.
📝 Final Thoughts
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! ❤️
NZDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area.
Trade safe, Joe.
Red Flag in Tech: SMH vs. QQQ Breakdown Signals Potential Introduction:
Despite the bullish seasonality currently supporting the market, a concerning signal is emerging from a key driver of this stock market rally: the ratio between semiconductors NASDAQ:SMH and the Nasdaq 100 NASDAQ:QQQ . This ratio serves as a critical gauge of tech sector health, as the major tech and AI players fueling this bull market rely heavily on semiconductor innovation.
Analysis:
Tech Sector Health: The SMH-to-QQQ ratio has historically been a strong indicator of tech sector momentum. When semiconductors outperform, it signals strength and optimism in the broader tech sector. Conversely, underperformance by chip stocks raises concerns about the sustainability of tech-driven rallies.
Emerging Concern: Currently, this ratio appears to be breaking down from a rounding top formation—a bearish signal. If this trend persists, it could lead to increased market volatility, potentially as early as year-end or into early 2025.
Market Implications: For the bull market to maintain its momentum, this ratio needs to reverse course soon. Semiconductors are not just another tech subsector—they are foundational to the AI and big tech themes driving this rally. A continued breakdown could dampen market sentiment, impacting broader indices.
Conclusion:
The SMH-to-QQQ ratio is flashing a warning signal, with a potential breakdown that could lead to increased volatility in the near term. However, chip stocks still have time to recover and restore market confidence. This ratio will be a crucial indicator to watch as we approach the end of the year. Will chip stocks regain their footing, or are we headed for a turbulent 2025? Share your insights below!
Charts: (Include relevant charts showing the SMH-to-QQQ ratio, the rounding top formation, and support and resistance levels)
Tags: #Semiconductors #Nasdaq #TechSector #SMH #QQQ #MarketTrends #TechnicalAnalysis
TradeCityPro | TIAUSDT Analysis Battling a Daily Resistance👋 Welcome to the TradeCityPro channel!
Let’s analyze this promising coin on a day when Bitcoin has set a new all-time high (ATH). As always, we'll break it down step by step to find optimal entry points. 🚀
🏆 Bitcoin Overview
Before diving into TIA, let’s take a quick look at Bitcoin
BTC recently broke its price ATH and achieved a market cap of $2.04 trillion, surpassing Saudi Aramco and securing the 7th position globally in asset rankings.
Following the breakout above 98,857, Bitcoin’s dominance surged, directing attention back to BTC. If dominance remains strong, expect focus to stay on BTC or strong-performing pairs like SUI.
📅 Weekly Time Frame
TIA is a newly listed coin with no prior bull market experience but has achieved a solid market cap, ranking 44th overall.
After an 80% drop, it ranged in a short box before breaking the 6.268 resistance alongside a trendline break.
Currently, TIA faces resistance at 8.783, and an RSI overbought condition post-breakout could trigger a sharp rally towards 11.794.
On a pullback, consider support at 6.268 , After 8.783 breakout, confirm the move with lower time frame analysis for safer entries.
🕐 Daily Time Frame
The range between 4.221–6.268 shows a consistent pattern of higher lows, indicating growing buyer presence.
After closing above the trendline, TIA now struggles at 8.373, with a potential breakout signaling further upward momentum.
For safer entries, wait for a daily close above 8.373, setting your stop-loss at 4.67 , The main breakout point was 6.268, but entering now carries slightly higher risk.
⏳ 4-Hour Time Frame
TIA is ranging between 7.189–8.740, forming clear triggers for futures trades , As long as 7.189 holds, focus remains on a breakout above 8.740 for long positions.
📈 Long Position Trigger
After a clear break of 8.740, ideally with increased volume and momentum.
📉 Short Position Trigger
Avoid shorting during a bull run. Wait patiently for new long opportunities.
💡 BTC Pair Insight
The TIA/BTC pair has shown downward pressure, but recent green candles indicate a bounce from key support.
breakout above 0.00001061 could mark the start of a bullish trend, making it a strong altcoin candidate for growth.
🎯 Conclusion
TIA is showing promising bullish potential, but patience and strategic entries are key. Focus on breaking 8.783 and monitor volume for confirmation. Let the market work in your favor while you position for the next major move!
📝 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! ❤️
#BTC - Bitcoin to $100K - What's Next? Major milestone for #BTC hitting $100K
After a short correction we saw a break to the long awaited $100K
Why I believe a sweep below is in the forming for the nex 5-10 days:
The highest liquidity was above 100K, it got swept
Price retraced to 60%, then extended to the current zone with forming a HTF FVG
Given the liquidity now is way low, it needs to extend a bit more to the 1.382 - 1.618, which is a deviation, form some liquidity then trick everyone that we'll continue to 110-115k
Plenty of retail will now go long on it given it passed the psychological barrier - will attract even more late longs
the #TOTAL market cap is already extended and the funding rates are heating up quite fast
Be on the lookout, take some profits if possible and prepare for the next leg up in around a week!
GJ Breakout trade, Asian sessionToday's trade was a GJ short, in the Asian session at approx 00:30. The Price broke out of the range I set up and took entry on Close with SL above the breakout candle. However, before entering trade, I knew it was more of a risky trade with a lower probability of winning. When you look left for the target, there are no clear targets to aim for. The first target was right near the entry, but also wicked down further into the 2nd target. As a result not allowing for a clean set up. As the trade could have easily reversed in the other direction which it did after a while. Prior to entering the target, I knew I had to watch it closely and be ready to exit the trade at any point, as it may wick down into target range, but also reverse back up, as when you look left that is what occurred as well. As a result, this trade did not hit my TP, but had to be managed and closed with profit earlier. Always have to remind yourself markets repeat themself, but can also be unpredictable, better to take a small profit and survive for the next day. This is for education purposes only, not financial advice.
Can Bitcoin reach 100k?Hello, Traders!
Bitcoin price keeps reaching new all-time highs following the recent U.S. election. BTC recently surged past its previous ATH and quickly touched the 80k level. Now, many traders are wondering - how much higher can Bitcoin go before we see a correction?
Based on current trends, Bitcoin can potentially reach the 84k-86k range before taking a breather. However, this will largely depend on external factors, such as Bitcoin-ETF activity, political statements, and overall market sentiment.
At the moment, market sentiment remains extremely bullish, which suggests that Bitcoin upward trend may continue for some time. However, if a correction does happen, the 74k support level will likely play a key role in determining whether the uptrend continues or not.
On the other hand, BTC price might just keep pumping up to 100k before correction happens.
Please don’t forget to boost this idea and leave your comments below.
PFC: Bullish Breakout with Raghanseda Project Development 1.Chart Pattern:
The stock has broken out of a downward-sloping trendline after a prolonged consolidation phase within a rectangle pattern (yellow box).
This breakout is supported by higher volumes, signaling strong buying interest.
2.Fundamental Trigger:
Power Finance Corporation has incorporated an SPV for the Raghanseda Transmission Project, enhancing its growth outlook.
3.Technical Levels:
Current Price: ₹512.20
Immediate Support: ₹499.95 (near breakout zone).
Critical Stop-Loss: ₹472.95 (below previous support).
Upside Targets: ₹527.45 (minor resistance) and ₹556.00 (major target, ~11% upside potential).
4.Indicators:
RSI is trending upwards, indicating positive momentum but not overbought.
Moving averages are aligning for a bullish crossover, supporting further upside.
5.Projection:
If the price sustains above ₹500, we could witness a rally towards ₹556 in the near term.
Traders may consider entering on pullbacks near ₹500 with a stop-loss at ₹472.95.
Risk Disclaimer: This is for educational purposes only. Conduct your own research before making any trading decisions.
AUDNZD Analysis - Bullish - Trade 07AUDNZD Analysis Overview
---
1. Seasonality
AUD: Strong **buy** signal for the first week of December, suggesting upward momentum.
NZD: Range-bound signal, indicating weaker performance compared to AUD.
Seasonality Bias: Buy AUDNZD.
---
2. COT Report
AUD:
COT RSI : Decreasing from the top but still indicates bullish positioning.
COT Index : Near the top, signaling strong institutional interest in AUD.
Net Non-Commercial : Increasing, aligning with a buy sentiment.
NZD :
COT RSI : At the bottom (0%), but overall positioning is weak.
COT Index : Bottomed at 0%, reflecting limited institutional support for NZD.
Net Non-Commercial : Decreasing, suggesting bearish momentum.
COT Bias: Buy AUDNZD.
---
3. Fundamental Analysis
Leading Economic Indicators (LEI) :
AUD : Increasing, pointing to improving economic conditions.
NZD : Increasing, but weaker overall impact compared to AUD.
Endogenous Factors:
AUD : Mix to decreasing, but seasonal strength supports AUD’s buy case.
NZD : Increasing, but weaker compared to AUD.
Exogenous Factors :
AUDNZD exogenous signal supports a buy AUD, sell NZD bias.
Fundamental Bias: Buy AUDNZD.
---
4. Technical Analysis
RSI Divergence: Bullish divergence spotted on the 4H timeframe, signaling potential upward movement.
Parallel Channel : Price is at the bottom of a bearish parallel channel, indicating possible reversal to the upside.
Daily Support : Currently holding above a strong daily support zone, reinforcing the bullish setup.
Technical Bias: Buy AUDNZD.
---
Final Bias: Buy AUDNZD
All factors—seasonality, COT data, fundamentals, and technicals—align in favor of a BUY setup for AUDNZD. This pair shows potential for upward movement, supported by strong economic and technical signals.
AUDCHF: Time For Correctional Movement 🇦🇺🇨🇭
Looks like AUDUSD is going to start a bullish correctional movement
after a test of a wide daily horizontal demand zone.
My confirmation signal is a bullish breakout of a resistance line
of a symmetrical triangle on an hourly.
Goal - 0.5708
❤️Please, support my work with like, thank you!❤️
UNION BANK 1D TFNSE:UNIONBANK has formed a resistance zone with multiple touch points. If the stock breaks out the stock could traded.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades