A Turning Point for RatesAll bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).
Trend Analysis
Possible consolidation path for XAUUSDXAUUSD may follow a potential consolidation path, moving within a defined range as investors closely monitor global economic indicators, shifts in interest rate policies, and ongoing geopolitical tensions, all of which could influence market sentiment and the broader outlook for gold prices.
DE bull flagNYSE:DE had a great ER and exploded out of the multi year range, only to come back in...
it bounced off of the 50 daily SMA and now forming a bull flag
if industrials catch a bid, this can move, alerts are set on breakout
also has a huge volume shelf support from the multi year consolidation
ME/USDT -SPOT - DCA ME/USDT -SPOT - DCA
❗ This is not financial advice, and if you decide to enter, you are responsible for your decision.
A signal on the Whale Catcher indicator
This is not a recommendation to buy or sell
Whale Catcher Indicator
The Whale Catcher Indicator is an advanced technical analysis tool designed to detect the movements of major market players (whales) and identify zones likely to experience significant price activity. The indicator is based on complex mathematical calculations that combine moving averages with the analysis of high and low price levels over specific timeframes.
Nasdaq 100 Wave Analysis 23 December 2024
- Nasdaq 100 reversed from strong support level 21000.00
- Likely to rise to resistance level 22000.00
Nasdaq 100 index recently reversed up from the strong support level 21000.00 (former resistance from the start of November), intersecting with the support trendline of the daily up channel from November and the 50% Fibonacci correction of the upward impulse from October.
The upward reversal from the support level 21000.00 created the daily Japanese candlesticks reversal pattern Long-legged Doji.
Given the clear daily uptrend, Nasdaq 100 index can be expected to rise to the next resistance level 22000.00, which stopped the previous impulse wave i.
BTC/USD Short: FibCloud Rejection and 200MA TargetOn the 8-hour BTC/USD timeframe, I have executed a short position following a clear rejection from the FibCloud, signaling strong resistance at this level. The price action showcases a classic flip of old support into new resistance, further solidifying bearish momentum.
My target for this trade is the $90,000 price zone, aligning with the 200MA on the 8-hour chart. Additionally, order flow data confirms significant sell-side activity, with large orders clustered between the $90,000 and $89,000 levels, providing further confluence for this setup.
The trade is structured to capitalize on the retracement move, with the potential for price consolidation or reversal upon hitting the $90K psychological and technical support zone.
Technicals:
• Entry Trigger: Rejection from FibCloud and resistance flip.
• Target: $90,000 (aligned with the 200MA and key order flow levels).
• Stop Loss: Positioned above the FibCloud to mitigate risk.
• Order Flow Insight: Large sell orders between $90,000–$89,000 add weight to the bearish scenario.
This setup emphasizes a disciplined approach to risk management, leveraging technical and order flow alignment for optimal execution. Stay sharp, and remember to pay yourself!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
BnbBnb usdt Daily analysis
Time frame daily
Risk rewards ratio >1.5 👈👌
Target 900 $
Bnb exited from parallel lines that was moving up and down and reached to new high on 795$
Then dropped to middle of parallel and raised to reach new target
Nowadays we hear many good news about corporations between Binance and companies that makes bnb continue stronger than ever
Possible scenario for EURCHFlet's first talk about the white trendline which has been intact since May 2024 but now it has been broken and after the price came back this time trendline acted as support and gave a decent bounce. If it sustains there the chances are that the price will touch the yellow trendline which is a strong resistance since 2021 and still intact. One more point is that the support level of 0.9025 has been tested twice since 2002. Using this analysis a nice buy setup can be found on 1Hr TF for higher RR
EURUSD: The Dollar's Dominance Continues
The EURUSD pair declined as predicted in the previous analysis. Current fundamental conditions and the dollar's strength hinder the consideration of a bullish scenario for this pair. Additionally, no strong demand zones are currently visible on the chart. As a result, any upward moves in this pair are viewed as opportunities for renewed selling. Breaking the previous low could lead to a further decline in this currency pair.
DIMOUSD 12/6/2024DIMOUSD Daily Chart Analysis
Market Context:
With BTC continuing its bullish momentum and reaching new all-time highs, the altcoin market is presenting strong setups, and DIMOUSD is no exception.
Price History:
- Q1 2024: DIMOUSD reached a significant top.
- March to July 2024: Entered a sharp downtrend, leading to a steep decline in price.
- July 2024 Onward: Price found a bottom and moved sideways, signaling a potential accumulation phase.
Recent Price Action:
- End of November 2024:
- A massive spike in volume and expansion in momentum was observed.
- The MACD crossed above its signal, confirming a bullish shift.
- Price briefly broke above resistance but fell back below it, resulting in a false breakout.
- The price decline from the false breakout was caught and supported by the 10 EMA, which is now holding as strong support at the resistance level.
Momentum Indicators:
- The MACD remains in bullish territory and is expanding upward, suggesting continued strength.
- The 10 EMA acting as a support level at resistance highlights the likelihood of a potential breakout.
Bullish Outlook:
- The confluence of BTC’s market strength, increased volume, MACD expansion, and price support at the 10 EMA sets the stage for a potentially explosive upside move.
Trade Setup (Long)
- Entry: 0.23880
- Stop Loss: 0.20060 (-16.00%)
- Target: 0.59126 (+147.60%, 9.23 RR ratio)
This trade takes advantage of the strong technical indicators and bullish macro sentiment, aiming to capture a high-risk, high-reward opportunity in DIMOUSD
US Dollar Index (DXY) COnsolidating Within an Ascending ChannelChart Analysis:
The U.S. Dollar Index (DXY) continues to trend higher within a well-defined ascending channel (green zone). The index has pulled back slightly but remains firmly within its bullish structure.
1️⃣ Ascending Channel:
Price action remains within the channel, with current consolidation near the midline around 108.08. A move to test the upper or lower bounds of the channel could be next.
2️⃣ Moving Averages:
50-day SMA (blue): Positioned at 105.69, acting as short-term dynamic support.
200-day SMA (red): Positioned at 104.29, confirming the long-term bullish trend.
3️⃣ Momentum Indicators:
RSI: At 65.34, indicating strong bullish momentum but nearing overbought levels, which may limit immediate upside.
MACD: Bullish momentum remains intact, with the MACD line above zero, though the histogram suggests a potential slowdown.
What to Watch:
A move higher could target the upper channel boundary near 109.50–110.00, while a pullback may see support at the 50-day SMA near 105.69 or the channel's lower boundary.
RSI and MACD movements will be key to gauging whether the bullish momentum can persist or if a deeper retracement is likely.
The DXY remains in a bullish structure, with the ascending channel providing a clear technical framework for traders to monitor.
-MW
Why I Think More Companies Will Buy Themselves Back in 2025I noticed that Nordstrom is making headlines today as the Nordstrom family moves to take the company private, effectively "buying it back" from public shareholders. I find this fascinating and may add it to one of my themes for 2025: more small and mid cap companies will leave public markets and go private.
What is Nordstrom's doing? The strategy involves acquiring all outstanding shares not already owned by the family, removing Nordstrom from the public stock exchange. Taking the company private allows the family to regain full control, enabling strategic decisions without the pressure of quarterly earnings reports or shareholder scrutiny. Actually, the exact quote from the company is rather interesting: The Nordstrom family believes it will be more successful without the scrutiny and demands of the public market.
For Nordstrom, going private could mean focusing on long-term investments and restructuring without the constraints of public market expectations, costs or regulations. Ah, the freedom to build! A few things to note about this:
1. Look at the trend of Nordstrom's in the chart above into this go private offer.
2. Nordstrom's will save massively on legal costs and fees associated with going public.
3. I think more companies that are floundering at the small and mid cap level will opt to go in this direction.
4. More CFOs and CEOs will ask if it's worth it to stay public if there is no immediate benefit.
5. What's also interesting is that the companies can always go public again if they think they need to raise money once again or need to tap back into the markets.
This will be a space to watch and I will be writing about this more in 2025.
EURCAD Short SignalAnalysis: Why EURCAD is bearish
1. inversion fair value gap (IFVG):
Price has reached the marked Inversion Fair Value Gap (IFVG) at the 1.49589 area, which serves as a resistance zone. Liquidity is often tapped in such areas before a reversal movement sets in. The decline from the IFVG area indicates that sellers have become active.
2nd Fibonacci retracement level:
The 70.5% level (1.49630) is a significant resistance area. These levels are often used to open short positions, especially when they coincide with other resistance indicators, such as the IFVG in this case.
3rd order block (OB-):
Price has tested a previous bearish order block (OB), which is also in the resistance zone. This area is often used as an entry point for sellers, as many sell orders are collected there.
4. structural reversal:
The recent move into the resistance area shows a clear reaction, indicating a possible reversal to the downtrend. As long as the price does not form significant higher highs, the overall structure remains bearish.
Conclusion:
EURCAD is showing clear signs of a bearish reversal. The IFVG area, Fibonacci resistances and the order block reinforce the case for a short position. A potential target could lie in lower support areas if the price continues to form low highs and lows.
Translated with DeepL.com (free version)
BITCOIN end of correctionThe chart depicts the BTC/USD price action on a 1-hour timeframe. Here’s a detailed analysis:
### Key Levels:
1. **Resistance Levels:**
- **Pink Zone (101,880 - 102,602):** A strong resistance area where price failed to break higher multiple times. This zone shows selling pressure and marks a critical area for a potential breakout or reversal.
- **108,267:** A major resistance level further up, yet to be tested.
2. **Support Levels:**
- **Blue Zone (92,628 - 94,496):** A significant support area, as price has bounced from this zone multiple times. It represents strong buyer interest.
- **90,690:** A lower support level, indicating the next target if the price breaks below the blue zone.
3. **Intermediate Levels:**
- **99,011 - 99,316 (Green Zone):** Previously acted as support and resistance, indicating a pivotal level.
- **100,698 (Orange Line):** A key psychological level, aligned with the round number of $100,000.
---
### Chart Patterns and Trendlines:
- **Downward Channel:** The red descending trendline highlights the current bearish momentum, with lower highs and lower lows.
- **Potential W Reversal Pattern:** The double bottom formation near the blue support zone suggests a possible bullish reversal. If confirmed, the price could break above the descending trendline and target higher resistance zones.
---
### Price Action Insights:
1. **Current Movement:** The price is trading around $95,433, slightly above the blue support zone. This suggests consolidation after a recent bearish trend.
2. **Key Rejections and Bounces:**
- Multiple rejections in the pink zone indicate strong resistance.
- Clear bounces from the blue support zone emphasize its importance.
---
### Potential Scenarios:
1. **Bullish Scenario:**
- If the price breaks above the descending red trendline and sustains above the green zone ($99,011 - $99,316), the next target would be the orange line ($100,698) and eventually the pink resistance zone.
- A breakout above the pink zone could trigger a strong rally toward $108,267.
2. **Bearish Scenario:**
- If the price fails to hold above the blue support zone, the next target is $92,628. Further downside could lead to a retest of $90,690.
---
### Summary:
- The chart reflects a consolidation phase after a bearish trend.
- Bulls need to reclaim $99,316 and break the red descending trendline to shift momentum.
- Bears will aim to break below $94,496 for further downside.
This analysis suggests close monitoring of the $94,496 and $99,316 levels to anticipate the next directional move.
$BABAIn conclusion, with a blend of strong fundamentals, strategic corporate actions, supportive macroeconomic policies, and a recovering market sentiment, Alibaba ( NYSE:BABA ) stands out as a compelling investment. The potential for growth, coupled with its current valuation, makes it a stock to watch closely as we move into 2025. Let's go, $BABA! 🐲🚀