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Technical Analysis

Trend Shift Confirmation Setup - Eurusd short setupMarket Context: Current Trend: The market appears to be in a bullish phase. Counter-Idea: Following a tap on the Fair Value Gap (FVG) formed on July 18th, a potential shift toward a bearish trend exists. Setup Breakdown: SSR Flip Area: A multi-tested SSR flip zone has been identified around 1.12032, having been tested three times. This indicates a strong potential for selling opportunities. The latest test of this zone occurred on Monday, August 26th, which resulted in a structural shift in the market. This shift has led to the taking out of a daily low, suggesting a reversal in price direction. Entry Analysis: Key areas were initially mapped out on the daily timeframe and then refined on the hourly chart. Previous liquidity areas that align with the current price movement were identified to enhance the entry strategy. Additionally, areas exhibiting the strongest volume were mapped to ensure they are in proximity to the entry zone. The ideal entry point was determined where the breaker block and FVG intersect, creating a confluence of signals. Risk Management: The entry was strategically placed at the middle of the breaker block, FVG, and SSR flip areas. This approach ensures an optimum entry point while managing risk effectively. It is crucial to emphasize that traders should conduct their own analysis before executing any trades. Important Reminder: Risk Management: If you decide to take this trade, be sure not to risk more than 1% of your capital to safeguard your investment. Trading inherently carries risks, so it’s essential to trade wisely and make informed decisions.
Short
by BFUFX_MARKETS
1
BANK NIFTY INTRADAY LEVELS FOR 19/09/2024BUY ABOVE - 52820 SL - 52620 TARGETS - 53000,53230,53500 SELL BELOW - 52620 SL - 52820 TARGETS - 52400,52260,52120 NO TRADE ZONE - 52620 to 52820 Previous Day High - 53000 Previous Day Low - 52120 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY ANALYSIS FOR 19/09/2024BUY ABOVE - 25380 SL - 25310 TARGETS - 25440,25500,25580 SELL BELOW - 25310 SL - 25380 TARGETS - 25240,24190,24130 NO TRADE ZONE - 25310 to 25380 Previous Day High - 25500 Previous Day Low - 25310 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
BTC Tests $61,000 Range Ahead of FOMC MeetingCurrent Market Activity: Bitcoin is currently testing the $61,000 top of its range support, a strong resistance level, just ahead of tonight’s FOMC meeting. Key Levels: Range High Support/Resistance: $61,000 Lower Range Support: $57,000–$58,000 Next Major Resistance: $64,000–$67,000 Reversal Zone: $66,000–$68,000 (Required for upside shift) Potential Outcomes: Unfavorable FOMC News: BTC could test the $57,000–$58,000 support. Favorable FOMC News: A break through $61,000 may lead BTC to the next resistance at $64,000–$67,000. Trend Analysis: BTC continues to form lower highs, indicating a broader downtrend. A break and reclaim of the $66,000–$68,000 zone would suggest a potential reversal, but caution is necessary due to the volatility expected around the FOMC meeting. #Bitcoin #BTC #FOMC #MarketAnalysis #SupportAndResistance #Crypto #Volatility #TechnicalAnalysis #PriceAction
by Richtv_official
DreamAnalysis | XAUUSD Next Move Could Leave You in the Dust!✨ Before we delve into the charts and analyze the gold price action, I want to give you a heads-up: today, as we publish this analysis, we have significant FOMC news on the horizon. 📊 Market Update : Today is a crucial day for the U.S. economy as the Federal Open Market Committee (FOMC) meets to discuss monetary policy. Fed Chair Jerome Powell is expected to deliver a highly anticipated speech. The market is preparing for a potential 0.25% cut in the Federal Funds Rate, which would lower the rate from 5.50% to 5.25%. ⚡️ Current Market Overview : At this moment, the gold chart is somewhat challenging to interpret as we are at an all-time high (ATH), a price level that can be difficult to read. However, we will explore all possibilities for both short and long scenarios to help us manage our trades effectively. Notably, we have also swept some key buy-side liquidity levels, including the previous month high (PMH) and the previous week high (PWH). 🕓 Identifying Key Levels : Here are some critical levels currently visible on the chart: - PMH: Previous Month High - PML: Previous Month Low - BSL: Buy-Side Liquidity (ATH) - SSL (EQL): Sell-Side Liquidity (a potential target for market movements) - 4H FVG: Fair Value Gap (identified as a potential retracement zone and an area of imbalance that requires correction) These liquidity levels are essential as they represent areas where price consistently seeks to gather liquidity, allowing it to move toward the next or opposite level. Similarly, the Fair Value Gap (FVG) indicates levels that the price needs to balance by moving into them and collecting orders placed in the market. 📈 Bullish Scenario : Currently, gold is in an overbought territory. To identify potential long positions from this level, we need to shift our focus to lower time frames and look for our setups there. 📉 Bearish Scenario : For a bearish outlook, we can consider short positions targeting sell-side levels such as the 4H FVG or the SSL (Sell Side Liquidity), as well as the EQL (Equal Lows). 📝 Conclusion : As we conclude our analysis, it’s vital to stay alert and adaptable to the ever-changing market conditions. By grasping the significance of key levels and understanding potential scenarios, we empower ourselves to refine our trading strategies and seize opportunities for success. 🔮 Future Market Trends : Keep an eye on the horizon! We will continue to track the evolving dynamics of the XAU/USD pair and other major currency pairs, providing you with timely insights and updates. ⚠️ Disclaimer : The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
OANDA:XAUUSDShort
by DreamAnalysis
SPX500USD: Capitalizing on Probabilities for a Bullish SurgeSPX500USD: Bullish Momentum Supported by Key Fundamentals The S&P 500 (SPX500USD) shows strong bullish potential, backed by several key fundamentals 1. Resilient economic growth: Recent GDP data indicates continued expansion despite earlier recession fears. 2. Easing inflation pressures: Core inflation metrics are trending downward, potentially allowing for a more accommodative Fed policy. 3. Strong corporate earnings: Many companies are beating earnings expectations, demonstrating business resilience. 4. Technological advancements: Ongoing AI integration across sectors is driving productivity gains and investor optimism. Probability-Based Approach for Long Positions I'm utilizing probabilities to enter long positions. My charts will showcase key probability zones and potential entry points. Let's dive into the top-down analysis. 12M: 2W: 12H: I’d love to hear your thoughts on the SPX500USD outlook!
OANDA:SPX500USDLong
by Jasminex1x2
BANK NIFTY INTRADAY LEVELS FOR 17/09/2024BUY ABOVE - 52200 SL - 51990 TARGETS - 52400,52620,52800 SELL BELOW - 51990 SL - 52200 TARGETS - 51820,51670,51530 NO TRADE ZONE - 51990 to 52200 Previous Day High - 52200 Previous Day Low - 51990 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
1
GOLD H4 Analysis And Market MovesPlease see the Above chart To see The Gold Next Moves. We are currently in new Price Ranges. But we are also using our previous analysis and data to Follow the exact Path. Currently We Can see between two strong support and Resistance levels. As we can see at chart 2580 Gold Price level and 2550 Gold Price level. EMA 5 is indicating the trend of the market. EMA Cross over can range between 2573 to 2575. That indicates if Price breaks this level. Then we will see again bullish wave. This kind market allow us to buy the dip and cash another next trend move. Strongest retesting zone exists between the price level 2564,2556 and 2545 price level. EMA 5 Crossing levels:- 2573 To 2575 Retracement Zone:- 2545 To 2555 Bullish Gold Levels:- 2590 2615 Bearish Gold Levels:- 2564 2556 2545 2530 Stay tune we Will update again when market will give up another good direction move. With Different different time frame we check the market to get the Accurate analysis according market next move. Happy trading.
OANDA:XAUUSDLong
by Alpha-GoldFX
DreamAnalysis | AAVEUSDT Key Triggers and Potential Trends📚 Welcome to Today’s Analysis Today, I’m going to analyze the AAVE coin for futures and review the potential entry triggers and probable trend. The analysis will be conducted in daily and 4-hour time frames. 📊 Daily Time Frame In the daily time frame, we see a strong bullish move with a healthy trend. During this movement, volume has also increased, indicating the strength of the trend. Additionally, the movement is parabolic, and each time the price corrects less and continues with greater momentum. After breaking the 117.65 resistance, the price moved up to the next resistance at 149.59 and is currently in a correction phase. If the price finds strong support from the curved trendline or breaks through the 149.59 resistance, we can expect the start of the next move, targeting the next resistance at 186.82. The RSI indicator, if it breaks above 64.88, will confirm the entry of momentum into the market. Additionally, a volume increase during the break of 149.59 will confirm volume strength. On the other hand, if the price breaks the curved trendline and we see a confirmation of Dow Theory (Lower Low) or a break of 117.65, it will signal the end of the uptrend. The target for this bearish move could be 77.66, which is currently AAVE's key support. For the RSI, confirmation of bearish momentum will require it to not only break the trendline but also fall below the 50 zone, indicating that downward momentum is entering the market. 📉 4-Hour Time Frame In the 4-hour time frame, after reaching the 154.32 resistance, the market has entered a correction and consolidation phase. Since the higher time frame trend is bullish, the volume of corrective candles has decreased, and the uptrend remains strong. In this time frame, we have two long position triggers at 146.88 and 154.32, with the RSI confirming momentum if it breaks 60.71. For a short position, the risky trigger is at 138.14, and the confirmed trigger is at 117.65. The RSI will confirm momentum if it breaks below 42.70. 🚀 Current Market Outlook In the short term, the trend for AAVE appears to be corrective, and it may even make a downward move. However, in the long term, the outlook for this coin remains bullish.
Long
by DreamAnalysis
1