Crude Prices Decline as Weekly EIA Inventories Unexpectedly RiseEquity Markets Navigate Macro Scenarios Amid Interest Rate and Stagflation Concerns
Equity markets navigate various macroeconomic scenarios as investors weigh the risks of prolonged high interest rates and potential stagflation.
HSBC suggests that greater clarity from the Federal Reserve, even if leaning more hawkish, could ease market pressures. Strategists believe this could lead to global equity gains in both a balanced "goldilocks" scenario and a mild stagflation scenario.
"The exact timing of Fed rate cuts should not significantly impact equities, especially if any delay is due to economic strength," they noted in a statement.
The upside for global equities both in a goldilocks and a mini stagflation scenario
Technically side:
The price dropped as we mentioned in the previous idea, and still trading at the bearish zone to reach 75.35.
so the bearish trend suggestion will continue as long as trades under 78.78 toward 76.60 and 75.35
the price will move between 80.73 and 75.35 for this week
Pivot line: 78.78
Support lines: 76.60, 75.35, 69.78
Resistance lines: 80.73, 82.24, 83.75
Trend
US30 (Sensitive Consolidation Movement )Dow Jones New Forecast
You should see a few more months of inflation data that appear to be falling (before any prices are lowered)
The price corrected to their support line as we mentioned in the previous chart,
so now still has a consolidation between 39790 and 40005 till breaking, from this support line will try to start a bullish trend toward 40005, and above it will get 40130 and more
otherwise closing 4h candle under 39785 means will drop to get 39580
Pivot line: 39790
Resistance Prices: 40005, 40130, 40420
Support Prices: 39570, 39360, 39070
The movement range will be between support 39790 and Resistance 40130
Previous idea:
GOLD FORECASTThe current analysis indicates a bullish trend for OANDA:XAUUSD , provided it stays above the pivot line at 2410 as we mentioned before. The prevailing bullish pressure suggests that if trading remains above 2410, the trend will continue a strong upwards.
The price is expected to rise to 2450, and stabilizing above 2450 could lead to a further increase to 2463 and 2475.
Key Levels:
Bullish Line: 2430, 2450, 2463, 2475
Pivot Line: 2410
Bearish Line: 2397, 2376, 2357
HelenP. I Bitcoin will correct to trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. Some time ago, the price entered to consolidation, where it at once rebounded from support 2, which coincided with the support zone and rose to the top part of the range, but then BTC made a correction movement. After this, the price fell to the support zone, where it reached the trend line and started to move up between this line and soon broke support 2 again. In a short time later BTC exited from consolidation and continued to grow a higher trend line to the next support level, coinciding with one more support zone. When the price reached this level, for some time traded near, and later made a little correction movement, thereby breaking the trend line, but soon BTC turned around and made a strong impulse up. Price broke the trend line with support 1 too and then rose to 72000 points, but a not long time ago BTC turned around and started to fall. For this case, I expect that BTC will decline to the trend line and then turn around and start to grow again. That's why I set my goal at 72500 points. If you like my analytics you may support me with your like/comment ❤️
On the Fate of BitcoinIn the current image, BTC stands at the tip of a critical threshold. The price has currently been rejected from the 200-unit exponential moving average in the 4-hour time period.
Although attempts have been made 3 times to the falling channel resistance area we are in, there is no strong and significant sign of any breakout.
Currently, the target of an Inverse H&S pattern appears to be the previous high. However, the breakdown of the critical support area will clearly take us to a critical support area, which we will define as another bottom point within the golden pocket borders on the logarithmic fib scale. This means that we will fall below $50K.
Gold - Kickstarting the Next Impulse!📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 XAUUSD has been overall bullish , trading within the rising channel in blue.
Currently, XAUUSD is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting the previous ATH marked in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red previous ATH and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #Gold approaches 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
xauusd recent analysis based on market movementsfrom the volatile market movements in us section 2407 now acts as a major pivot. any movements above this section will be a buy upto the area of upper interest 2450 and breach of this pivot will draw market down passing various supports down to 2376.
PIVOT 2407
RESISTANCE 2427, 2436, 2449, 2463
SUPPORT 2407, 2400, 2397, 2392, 2383, 2376
support like share and follow us
BTC - Bullish Continuatio?Hello TradingView Family / Fellow Traders,
📈As per my last analysis, BTC broke above the accumulation phase and is currently trading higher.
What's next?
For the bulls to maintain control, a break above the structure marked in blue is needed.
🏹In such a scenario, a movement towards the upper orange/blue trendlines and $70,000 round number would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
XAUUSD UPDATE (Risky-ShortTrem Setup)
Hey team Hope you are Enjoying our ideas and Analysis, Today in Trading Session we are monitoring XAUUSD Looking for Bearish But there is Alot of Risks in Bearish Because That Breaks all Support levels....
XAUUSD (UPDATE)....!!
RISKY SHORT FROM ALL TIME HIGH..
Gold is trading in a Strong Uptrend but the price Failed to reach the Supply Zone 2438-2445, Which is also a Resistance Level which in Turn indicates that the market is likely that we will first see a Bearish reaction on Gold from the Resistance
Good luck Guy's.....
AUD-USD | 4H | TECHNICAL CHARTHello traders, FX:AUDUSD I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Thank you for considering my analysis and perspective.
Good luck
USDCAD - Massive Support 🚀Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish , trading inside the rising channel in blue.
At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong resistance turned support highlighted in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue/red trendlines.
📚 As per my trading style:
As USDCAD approaches the lower 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
EURUSD - Follow the Flow 🏄🏻♂️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 EURUSD has been overall bearish , trading within the falling channel in red.
At present, EURUSD is approaching the upper bound of the channel acting as a non-horizontal resistance.
Moreover, it is retesting a strong supply zone in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper red trendline.
📚 As per my trading style:
As #EURUSD approaches the circle zone, I will be looking for bearish reversal setups (like a double top 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
TrendsThe trend represents the directional movement of prices and plays an essential role in most technical trading systems. Technical analysis differentiates between trending and non-trending markets, also called flat trending markets. Trending markets can be either moving upwards or downwards. The upward-moving market is called the bull market, while the downward-moving market is called the bear market. Normally, a market is considered to be in an uptrend when the price reaches higher peaks and higher troughs. On the contrary, the market is regarded to be in a downtrend when the price reaches lower troughs and lower peaks. The non-trending market occurs when there is no significant uptrend or downtrend, and the price moves within a certain range. Thus, the flat trending market is notorious for its sideways-moving price action.
Key takeaways:
Trends can vary in length and are classified into four main categories: primary, secondary, minor, and intraday.
The primary trend is the most significant trend, lasting for months or years. It's characterized by the overall direction of the market.
The secondary trend opposes the primary trend and usually lasts for weeks or months.
Identifying trends is crucial for technical traders. Methods range from simple tracking of recent lows and highs to more complex mathematical formulas.
Trend classification
Trends tend to be of different lengths. According to these lengths, trends fall into four main categories: primary trend, secondary trend, minor trend, and intraday trend. The primary trend is the only inviolable trend and lasts for a long period, usually months or years. The secondary trend runs counter to the primary trend and is often measured in weeks or months. Further, the minor trend is measured in days, and the intraday trend is represented merely by daily fluctuations in price.
The primary trend
The primary trend can be subdivided into three distinctive phases. The first phase of the primary uptrend begins with the revival of investors' confidence from the prior primary downtrend. That is followed by the second phase, in which asset prices increase in response to growing corporate earnings. In the third stage, speculation becomes the dominant force driving markets higher. This environment, when asset prices are rising on the hopes, dreams, and expectations of individual investors, tends to foreshadow the beginning of the primary downtrend. Its first phase commences with the abandonment of hopes and dreams upon which investments were made. That is followed by selling pressure due to falling corporate earnings in the second phase, which later escalates into panic selling in the third stage.
Illustration 1.01
The illustration displays the weekly chart of Nasdaq continuous futures (NQ1!) for the period between late 2001 and 2008. The primary bull market began after the bottom of the “dotcom” bubble and lasted until the peak of the real estate and credit crisis in 2007.
Illustration 1.02
The image above presents the daily chart of gold (XAUUSD) during the 2008 bear market when it dropped 34%.
The secondary trend
The secondary trend is the intermediate-term trend. Its direction is opposite to the primary trend, and it represents any significant price drop in the primary bull market or price rise in the primary bear market. The secondary trend usually lasts for weeks or months. Its measure in percentage terms tends to range between 33% and 66% of the range of the primary trend. This trend is considered to be prone to market manipulation as opposed to the primary trend.
Illustration 1.03
The picture shows Bayerische Motoren Werke's (BMW) daily chart throughout 2020 and 2021. The white dashed-line box indicates the primary uptrend, and the grey dashed-line boxes indicate the secondary trends, counter to the primary one.
The minor and intraday trend
The minor trend lasts for a few days or weeks, yet always less than the secondary trend. It is more difficult to identify than previous types of trends since its amplitude in percentage terms is significantly less when compared to the primary and secondary trends. The same applies to the intraday trend that lasts for a few seconds up to several hours; it represents daily changes in the price and is regarded to have little predictive value.
Trend identification
Identifying a trend is crucial for a trend-based technical trader, and there are plenty of methods how to identify it correctly. These methods can be simple or very complex. The simplest method of identifying trends can be done by tracking recent lows and recent highs in the price of an asset. Other simple methods involve using lines, trendlines, and curves; more complex methods usually involve the use of mathematical formulas in order to generate a set of valuable data.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This article is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
005. More evidence of multidimensional market structureWith this video I intend to close my argumentation of a multidimensional market structure
Tools that casts Fibonacci shadows and limits on price movements can be plotted in so many places! Where to plot them?!
This is a common doubt traders have. When we gain experience from market we understand it doesn´t matter. Price will eventualy hit the targets of a chosen set up - if the trend alows it!
This proves my point that there is in fact many more axis of information beyond price movements, and although they cannot be plotted in a 3D chart, we can get those extra dimensionals
And here comes indicators:
This indicator you see is called 'DTM DETONATOR B', really, the best tool I have found to this day. As it dissects through several extra dimensions of price structure, we can forsee direction changes of price trend
This indicator can be found as a paid indicator through the link in my profile and it is free if you sign up to the trading course
I have personaly attended to the the Day Trade Masters couse, definately the best trading course you will find out there as will you leart how to master this increadible tool too, the Detonator.
If you found this information useful, be kind to use my referal link above, thank you!
SBIN looks like buy on dipsThere was a strong bullish breakout in the Daily chart of SBIN on the 25th April. This resistance now becomes a support at 793 which was respected yesterday.
The candle made today isn't very strong but the trend is clearly bullish.
My idea would be to buy with SL below 793 and targets of 830 and 850.
Educational purpose only
This is absulutely crazy!What a beautiful bull flag we have here! This token $BTAF is going to be launched on BitMart next 15th of May
We have a initial target of more than 4x for the next weeks !
The target confluences with the top Beam Band also, giving more confidence on this trade. It is a very good alignment with technical and fundamental analysis
$BTAF is the utilitary token of "Bitcoin Trend and Forecast" community, that uses proprietary AI algorithm to forecast price targets and chart patterns on the market. You just need to check it out, because it is life changing for any trader!
I appreciate the use of my referal if you buy any product (like indicators or analysis) or course there!
Cheers!
Bearish trend breakdown in the daily chart of HDFC BankAnother breakdown in the daily chart of HDFC Bank.
It has respected support at 1480 but we may see a dip if the same is broken.
There is a sort of a double top pattern made before the breakdown which makes me bearish.
Can sell for targets below 1420.
Educational purpose only
EURUSD - 📈 => 📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), EURUSD rejected our blue circle zone and traded higher.
What's next?
📈 EURUSD has been overall bearish long-term , trading within the falling wedge pattern in red.
Currently, EURUSD is approaching the upper bound of the wedge pattern.
Moreover, the green zone is a strong resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline.
📚 As per my trading style:
As #EURUSD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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
USDJPY - Still Bullish Long-term 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), USDJPY rejected the $160 resistance and traded lower.
What's next?
📈 USDJPY is still overall bullish , trading inside the rising channel in red.
At present, USDJPY is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a previous major high marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green zone and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #USDJPY is hovering 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
USDCAD - TRIO RETEST 3️⃣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 USDCAD has been overall bullish , trading inside the rising channel in blue.
At present, USDCAD is undergoing a correction phase, trading within the short-term falling channel in red, and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a strong resistance turned support highlighted in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue/red trendlines.
📚 As per my trading style:
As #USDCAD approaches the lower 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