FILUSDT - weekly green rectangular (potential zone to buy!) FIL in good price to buy in weekly chart
Weekly green rectangular is a zone which many supports are gathering together
(The major trend, lower side of ascending channel and 0.5 Fibonacci support)
That's make the green rectangular a potential zone to buy
Must considerd: just 4 days remaining for bitcoin halving!
Thank u , for more ideas hit "follow" and "like" for supporting us🎯
Tradingview
Trading Plan for Monday, April 15th, 2024Trading Plan for Monday, April 15th, 2024
Market Sentiment: Highly uncertain due to major geopolitical headline risk over the weekend. Expect significant volatility and potential for large gaps up or down at the Sunday open.
Important Note: The escalating tension between Iran and Israel has the potential to cause significant market disruptions. BE PREPARED for a wide range of outcomes, substantial gaps on the open, and rapidly changing market conditions.
Key Supports
Immediate Supports: 5163 (major), 5155, 5142, 5134-36 (major), 5126 (major)
Major Supports: 5120, 5115, 5108, 5102-5097 (major), 5091, 5082 (major)
Key Resistances
Near-term Resistance: 5177 (major), 5185, 5192-95 (major), 5203 (major)
Major Resistances: 5218 (major), 5228-30 (major), 5245 (major), 5262
Trading Strategy
Weekend Headlines: Be prepared for anything related to the Iran/Israel situation. This news will dominate market reaction.
Adaptability is Key: Market conditions could change rapidly, prioritize flexibility and risk management.
Sunday Open: Focus on how the market opens and reacts to the news. Large gaps are possible in either direction.
Long Opportunities: Due to the high risk, only consider longs after the initial reaction and if a stable support zone forms. Potential bids at 5163, reclaiming 5155, or (depending on the open) reclaiming 5177. Emphasis on failed breakdowns.
Short Opportunities: Look for backtests of any breakdown levels if a strong sell-off occurs. Potentially 5177, 5219, or 5228 if those levels are reached.
Knife-Catch Mode: If necessary, use the knife-catch protocol for longs, with small size and emphasis on failed-breakdowns.
Bull Case
De-escalation: A move towards de-escalation or resolution of the Iran situation could lead to a sharp rebound.
Reclaiming 5177: If 5177 is reclaimed with acceptance above, bulls may drive a recovery towards targets of 5195, 5202, 5219.
Bear Case
Escalation of Conflict: Continued escalation of tensions could lead to a significant market sell-off.
Breakdown of 5163: A failure of 5163 opens up downside targets. Watch for a bounce/failed breakdown, then consider shorting for a move down the levels.
News: Top Stories for April 15th, 2024
Geopolitical Crisis:
Escalating tensions between Iran and Israel dominate headlines and overshadow all other news.
Potential repercussions for the global economy, oil prices, and markets.
Impact on Market Outlook:
Uncertainty and volatility dominate the April outlook.
Key economic dates and reports may be less impactful given the news focus.
Earnings Reports:
Earnings season continues, but market focus may be diverted by the geopolitical situation.
Other Market and Economic News:
Monitor secondary news sources for updates on the Iran/Israel situation and potential market impacts.
Reminder: The weekend geopolitical developments introduce extreme uncertainty into the markets. Be cautious, prioritize risk management, and be prepared to quickly adapt your trading strategy.
🌗 Dark Side of the Bull Run 🐂💥
🔮 Unveiling the hidden phases of BTC's rally.
📈 Charting the consolidation symphony with a symmetrical triangle.
🌈 Rainbow indicators forecast a spectrum of possibilities.
🚀 Ready for breakout or fakeout? Tighten your seatbelts!
🎶 Inspired by the classic vibes of Pink Floyd's masterpiece.
🛑 Risk management is our 'Comfortably Numb' zone.
🧐 Eyes peeled on the prize, but feet grounded in strategy.
🌟 Shine on, you crazy diamond charts!
#Bitcoin #Crypto #TechnicalAnalysis #PinkFloyd #TradingView
USOIL.. at support of the week, only short below.#USOIL.. war season is going on.
And oil is at his support of the current month and week.
That is 85.20 around
Keep close that supporting area, if market hold it then all ok but in any scnerio market break that support then a gradually drop expected otherwise not..
Good luck
Trade wisely
GOLD- one n only support, short only below..#GOLD... Well guys, as we discussed in our video analysis that 2334 35 is the one of the most important supporting area of the next week,
No doubt war season is going to start again,
What so ever will happen in next week from Iran or Israel,
On chart we have only 2334 34 as major supporting area,
If market hold it then you can see again bounce from here but if break then first target will be 2305 and the. So on..
Good luck
Trade wisely
Does this seem like Goodbye to third world countries!The Brazilian fiscal issue is not going well. Therefore, it directly reflects on the IBOV index, especially for companies linked to the domestic economy, which is very dependent on family income and low interest rates (SELIC) to keep their activities up to date.
This was already written in the stars. Sometimes we need to be seers. Lol
The growing number of RJ (Judicial Reorganization) is a worrying factor at this time, and opens up gaps for it to contaminate the entire (domestic) consumer sector, from durable to non-durable goods.
The big problem for now would not be the slowdown in the economy, as it is to be expected that soon after a big "boom" of easy money, things will start to get strange and to maintain this "growth" more money needs to be injected.
That's where the danger lies. How can we keep the economy running if we have a lack of money in the Brazilian market?
The only way out for the government would be via interest rates (SELIC), reducing it, to "artificially" heat up the economy and also put a definitive damper on supposed growth.
Looking at it in a simplistic way, it is not the high interest rates in Brazil that are strangling the economy, but rather the lack of credibility and especially of decent, long-term projects that involve foreign money.
Therefore, reducing interest rates (SELIC) for now will not solve anything for Brazil, it will only advance the process of "euthanasia" of the strong, but weakened, Brazilian economy. As is to be expected, "Brazil does not miss the opportunity to miss great opportunities."
Another factor that is in evidence is that we see
foreigners rescuing their rich money from emerging markets, this is a bad sign, after all, something big could be coming later on a global level, impacting all countries across the globe.
We are still working within the corrective bias described in the previous analysis, so the most interesting support point for the moment is the 124K range (psychological support), but rational support is found at 121.8K.
Below, I leave an image of the bearish pivot on the monthly chart pointed out by the SETUP used. He mentions that the loss of the 126.6K range sets precedents for sharper corrections, as there are almost 50 days working in this price range.
Note. The red lines are support points. The loss of it sets precedents for prices to seek the white line and, consequently, the yellow lines.
This is important?
We never learn!
Do your analysis and good business.
Be aware. If you buy, use Stop Loss.
See other graphical analyzes below.
GBPUSD.. at today support? Hold or not ??#GBPUSD.. well guys market exact drop from your area that was discussed in our perveious idea,
And market dropped 200 pips.. congratulations to all.
Now we have 1.2515 as today most important support .
Keep close it and only short below that level.
Otherwise not .
Good luck
Happy trading
Trading Plan for Friday, April 12th, 2024Trading Plan for Friday, April 12th, 2024
Market Sentiment: Uncertain, with bulls and bears battling over the key support at 5191 in the red flag pattern.
Key Supports
Immediate Supports: 5200, 5191 (major), 5184, 5178, 5171 (major), 5162.
Major Supports: 5157, 5147, 5123-26 (major), 5103, 5096 (major), 5050-53 (major).
Key Resistances
Near-term Resistance: 5207, 5212 (major), 5230 (major), 5243-46 (major), 5269 (major).
Major Resistances: 5287 (major), 5302-04 (major), 5321 (major), 5352 (major), 5392 (major).
Trading Strategy
Defending the Flag: The red flag pattern with support at 5191 or 5184 remains the key focus. Bulls must defend this zone.
Long Opportunities: Prioritize 5191 bids, but only after reading reactions for signs of defense (ideally, grabs below). A test and reclaim of 5184 could also signal potential for longs. If 5191 fails, consider longs at 5171 or 5157, especially after failed breakdowns of today's lows.
Short Opportunities: If a rally occurs, potential backtests of breakdown levels like 5243-46 and 5269 could be shorting areas. Exercise extreme caution with counter-trend shorts in highly volatile conditions.
Chop Zone Caution: The 5191-5212 zone is currently considered high-risk for overtrading.
Bull Case
Support Holds: Bulls need to defend 5191, ideally with any dips below 5184 quickly reclaimed.
Backtesting Breakdowns: A strong rally could lead to retests of today's breakdown levels of 5230 and 5243-46. A push to flag resistance at 5269 is possible for a breakout.
Adding on Strength: In this choppy environment, it's difficult to identify reliable adding points. Consider 5207 reclaims with acceptance above.
Bear Case
Breakdown Signals: A convincing failure of 5191 opens the door for a deeper downside move. As with ALL breakdowns, be wary of traps – look for a bounce/failed breakdown first, then consider shorts at 5188 (ideally within a trendline structure). Target 5157 on this move, stick to level-to-level profit-taking.
News: Top Stories for April 12th, 2024
Economic Data & Interest Rates
Mortgage rates rise above 7% due to inflation concerns.
High-yield savings accounts offer some protection against inflation.
Mixed signals on the timing of Fed rate cuts.
Earnings & Bank Stocks
Big banks report Q1 results, providing insights into the financial sector.
Focus on JPMorgan Chase, Citigroup, and Wells Fargo.
Market Outlook & Analysis
S&P 500 hits new highs, strong Q1 performance.
April historically a bullish month.
Corporate profits and analyst ratings in focus.
Global Markets
Japan's 5-year bond yield surges.
Singapore's GDP growth remains modest.
Rising concern over global financial fraud and scams.
Reminder: The market remains volatile. Prioritize risk management and adapt your trading strategy accordingly!
GOOGL - After every Storm, there is a Rainbow 🌈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GOOGL has been overall bullish, trading within the rising rainbow wedge pattern.
Currently, GOOGL is in a storm 🌪/ correction phase and it is approaching the lower bound of the wedge acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at $128 marked in blue.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower rainbow trendline.
📚 As per my trading style:
As #GOOGL is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trading Plan for Thursday, April 11th, 2024Trading Plan for Thursday, April 11th, 2024
Market Sentiment: Uncertain, as the market continues to digest the hotter-than-expected CPI report and its implications for the Federal Reserve's actions.
Key Supports
Immediate Supports: 5200, 5191 (major), 5184, 5178, 5171 (major), 5162.
Major Supports: 5157, 5147, 5123-26 (major), 5103, 5096 (major), 5050-53 (major).
Key Resistances
Near-term Resistance: 5207, 5212 (major), 5230 (major), 5243-46 (major), 5269 (major).
Major Resistances: 5287 (major), 5302-04 (major), 5321 (major), 5352 (major), 5392 (major).
Trading Strategy
Flag Structure in Focus: The red flag pattern established since the March 31st ATH remains crucial, with support at 5191 (ideal hold) or 5184 being key for bulls to defend.
Long Opportunities: Prioritize 5191 bids, but only after reading reactions for signs of defense (ideally, grabs below). A test and reclaim of 5184 could also be a long signal. If 5191 fails, consider longs at 5171 or 5157, especially after failed breakdowns of today's lows.
Short Opportunities: If a rally occurs, potential backtests of breakdown levels like 5243-46 and 5269 could be shorting areas. Exercise extreme caution with counter-trend shorts in these conditions.
Chop Zone Caution: The 5191-5212 zone is currently considered high-risk for overtrading.
Bull Case
Support Holds: Bulls need to defend 5191 or at least 5184 to maintain control. Spikes below 5184 with rapid reclaims could signal buying strength.
Backtesting Breakdowns: A strong rally could lead to retests of today's breakdown levels of 5230 and 5243-46. A push to flag resistance at 5269 is possible, triggering a breakout.
Adding on Strength: In this choppy environment, it's difficult to identify reliable adding points. Consider 5207 reclaims with acceptance above.
Bear Case
Breakdown Signals: A failure of 5191 opens the door for a deeper downside move. As with ALL breakdowns, be wary of traps – look for a bounce/failed breakdown first, then consider shorts at 5188 (ideally within a trendline structure). Target 5157 on this move, with level-to-level profit-taking.
News: Top Stories for April 11th, 2024
Interest Rates & Inflation
Market adjusts to potential year without Fed rate cuts.
Larry Summers suggests the Fed might raise rates further.
Hotter CPI boosts the US dollar to a 5-month high.
Oil, China & Global Markets
Oil prices on the rise, Bank of America predicts potential $100 per barrel.
China's inflation slows, while US inflation exceeds expectations.
Swiss government proposes tighter bank regulation; concerns remain.
US Labor Market & Stock Performance
Strong US jobs report for March highlights economic resilience.
S&P 500 posts strong Q1 gains.
Banking Regulations & Debt Relief
UBS benefits from less-stringent Swiss banking regulation plans.
US Treasury calls for action on debt relief for developing countries.
ECB Policy & Corporate Earnings
ECB moves closer to a rate cut.
Earnings season focus on big banks and consumer spending.
Reminder: The CPI report has fueled volatility and uncertainty. Prioritize risk management and adapt your trading strategy accordingly!
Setups for EURUSDHi all!
There was a breakout for 1 week, there is no point in looking for long trades against a locally downward trend, our zone of interest is the Order Block, from which the correction began.
I expect the price to approach 1.09981, the removal of liquidity from equal peaks and a subsequent decline to the imbalance zone FVG(1M) to the zone 1.04 - 0.997.
Alternative scenario (unlikely)
We don’t follow the liquidity that is on top, and immediately move towards filling the FVG for 1 month. And there we look for bullish steps.
Trading Plan for Wednesday, April 10, 2024Trading Plan for Wednesday, April 9th, 2024
Market Sentiment: Volatile and uncertain. CPI came in hotter than expected, increasing the likelihood of continued aggressive actions by the Federal Reserve.
CPI Data and Impact:
CPI rose 0.4% for the month, resulting in a 12-month inflation rate of 3.5%, surpassing expectations.
Core CPI also accelerated 0.4% monthly and 3.8% year-over-year, exceeding forecasts.
This suggests inflation remains persistent and could pressure the Federal Reserve to maintain a hawkish stance with higher interest rates.
Key Supports
Immediate Supports: 5256, 5246-50 (major), 5230-34 (major), 5221, 5213 (major).
Major Supports: 5207, 5203, 5192 (major), 5181, 5171, 5162-64 (major), and many more.
Key Resistances
Near-term Resistance: 5262 (major), 5274-76 (major), 5288 (major), 5302 (major), 5351-54 (major).
Major Resistances: 5312 (major), 5374, 5386 (major), 5406 (major), 5441 (major), and more.
Trading Strategy
CPI Volatility: The hotter-than-expected CPI numbers will likely continue to generate market volatility. Exercise extreme caution and adapt your trading accordingly.
Focus on Reactions: Patience is essential. Look for failed breakdowns and reclaims to identify potential entry points.
Long Opportunities: Prioritize reclaims over direct bids at major supports. Consider longs if major supports like 5246-50, 5230-34, or 5213 hold after potential dips, but only AFTER a failed breakdown and convincing reclaim. Deep dips to 5162-64 may warrant small knife-catch longs.
Short Opportunities: While counter-trend shorts are generally unadvised, those inclined may try shorts at 5302 and 5350, BUT with enhanced caution as even major resistances can be blown through after news events like CPI.
Bull Case
Bull Flag in Play: The bull flag with support at 5191 and resistance at 5274-76 remains relevant, but the hotter CPI makes a clean breakout less likely.
Holding Support: Bulls could still maintain control if 5230-34 holds any dips or if lost levels are quickly reclaimed within approximately 15 minutes.
Bear Case
Breakdown Signals: A failure of the bull flag support at 5191 (initiated) increases the likelihood of a more significant bearish move. As with ALL breakdowns, be wary of traps – look for a bounce/failed breakdown first, then consider shorts at 5189 for a move down the levels.
Increased Fed Pressure: The hotter-than-expected CPI reading strengthens the case for the Federal Reserve to maintain its aggressive stance on interest rates, potentially leading to further downward pressure on the market.
News: Top Stories for April 9th, 2024
CPI Impact on Markets
Hotter-than-expected CPI raises concerns about inflation and the Federal Reserve's potential actions.
Market volatility surges as traders reassess expectations.
Treasury Rates & Fed Policy
US 10-Year Treasury yield could hit 4.5% on inflation concerns.
Fed Chair Powell emphasizes need for inflation cooling evidence before rate cuts.
Bowman suggests further rate hikes may be needed if inflation stalls.
Individual Stocks
Tech and growth stocks may be particularly vulnerable to rising interest rate fears.
Defensive sectors such as consumer staples and utilities could receive favor.
Reminder: The CPI report has fueled volatility and uncertainty. Prioritize risk management, react to price action, and adjust your trading strategy accordingly!
GOLD.. done target, what's next??#GOLD... well guys market very well hold your upside area 2354 arround and dropped.
Today is CPI day guys, it will be most important and volatile.
Keep close that box which is showing range from 2345 to 2354 around.
Keep close the range and cash it .
Either side breakage will leads you towards 5 to 8 points.
Good luck
Trade wisely
GOLD - smoothly drop and now where is current support??#GOLD... well guys first of all congratulations to all for a smoothly short selling ride,
and now we have 2335 as our supporting area, keep close that level because if market hold it then again bounce expected from here,
keep close 2335 that was your area and we discussed that area in our morning day analysis video,
one n only area 2335 stay sharp.
good luck
trade wisely
GBPUSD.. market near to his top ? or not?#GBPUSD - well guys overall pound is struggling to find a direction but for a while market did not find it,
and on technical basis 1.2715 is the key level for pound,
even you can see in history the importance of that area, but due to consolidation phase you can difficult to judge the importance of that level,
but on chart we have only one area 1.2715 it will play key role in future of pound prices,
keep close that level because if market hold it in that case you can see a drop below that level,
otherwise above that level selling will be invalid at immediate basis,
good luck
trade wisely
Trading Plan for Tuesday, April 9th, 2024Trading Plan for Tuesday, April 9th, 2024
Market Sentiment: Consolidating within a tight range. Expect a breakout or breakdown with the potential for increased volatility.
Key Supports
Immediate Supports: 5246, 5232-35 (major), 5221, 5212, 5207 (major).
Major Supports: 5196-98 (major), 5181, 5172 (major), 5155 (major), and many more.
Key Resistances
Near-term Resistance: 5256, 5262 (major), 5274, 5285 (major), 5294, 5302 (major).
Major Resistances: 5308 (major), 5327-30 (major), 5348 (major), 5379 (major), and others.
Trading Strategy
Rangebound Consolidation: ES is forming a tight base between 5235-5263. Exercise patience and prioritize either tactical adds on support tests/failed breakdowns OR hold a runner position with the trend.
Long Opportunities: Look for bids at 5246 and 5232-35 (prioritize the latter). Consider dips below 5232 to 5207 or 5196-98, especially if followed by reclaims. Stick to level-to-level profit-taking.
Short Opportunities: While avoiding counter-trend shorts is generally advised, those inclined may consider potential shorts at 5285 (red downtrend resistance) or 5302-08 for dips.
Bull Case
Holding Support: Bulls maintain control as long as the 5232-35 zone holds. If it does, consolidation continues, likely forming a bullish triangle for another push toward 5274, 5285, and potentially 5302-08.
Adding on Strength: If ES bases above 5246 (with dips below recovered) while staying under 5263, consider potential adds.
Bear Case
Breakdown Signals: A failure of 5232 triggers the bear case. Remember, most breakdowns are traps, so look for a retest and failed breakdown of 5232 first, then consider shorts with level-to-level targets.
News: Top Stories for April 9th, 2024
Economic Indicators
CPI and PPI data in focus for inflation insights.
Bond market signals potential for stable interest rates.
Corporate Earnings
Big banks to release quarterly reports.
Interest Rate Decisions
Bank of Canada and ECB announcements could impact FX and indices.
EU Joint Borrowing Plan
Success of the EU plan could inform future fiscal tools.
Corporate Events
Blackstone's potential buyout of L’Occitane.
Reminder: Expect a breakout from the current tight range, potentially with volatility. Focus on reacting to price action, prioritizing risk management.
Symmetrical Triangle pattern breakout in HCLHCL TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1610+.
✅Can Go Long in this Stock by placing a stop loss below 1530-.
#NIFTY Intraday Support and Resistance Levels -09/04/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22680 level and then possible upside rally up to 22800 level in today's session. in case nifty trades below 22640 level then the downside target can go up to the 22520 level.