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Sellers in Control as 50DMA Rejection Reinforces Bearish BiasAustralian ASX 200 SPI futures were firmly rejected at the 50-day moving average earlier Friday, reinforcing the message that sellers remain in control following the bearish break of uptrend support flagged earlier this week. With RSI (14) and MACD both firmly bearish, the near-term bias remains to sell rallies and downside breaks. If the price squeezes back toward the 50DMA, it could present a short setup, allowing for positions to be established beneath the level with a stop above for protection. Ideally, another test and failure at the 50DMA would bolster the merits of the trade. Potential targets include 8251, 8135, or the key 200DMA. Alternatively, a clean downside break of 8251 could open the door for shorts beneath that level, again with a stop above. Targets would be the same as the latter two mentioned above. Beyond technicals, there’s been little discussion about how the sharp rally in Chinese equities is impacting markets outside of China. For years, investors wary of direct exposure to China gained access indirectly through other Asian markets, including the ASX. With China now looking far more investable, this shift—beyond earnings season—may help explain the abrupt weakness in Australian equities. Good luck! DS
ASX24:AP1!Short
by FOREXcom
GBPUSD InsightWelcome, Subscribers! Please share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - Ukrainian President Volodymyr Zelensky stated on X (Twitter) that he had a productive discussion with U.S. envoy Keith Kellogg. - U.S. weekly initial jobless claims came in at 219,000, exceeding the market forecast of 215,000. - U.S. Treasury Secretary Scott Bessent mentioned that it is premature to increase the proportion of long-term bonds while noting that tariffs have already been partially factored into the dollar. - Maroš Šefčovič, the EU Executive Vice President for Trade and Economic Security, stated that the U.S. is open to discussing all aspects related to tariffs. - Raphael Bostic, President of the Atlanta Fed, expects two 25bp rate cuts this year but acknowledged the presence of multiple variables. Key Economic Events This Week + February 21: U.S. February Manufacturing PMI, U.S. February Services PMI GBPUSD Chart Analysis After breaking through the 1.25000 level, GBPUSD surged toward the anticipated resistance zone around 1.27000. It has since retreated to 1.25000, where it is expected to determine its next direction. However, if the pair manages to break above 1.27000, significant upside potential could open up, with the 1.31000 level emerging as a strong target.
Short
by shawntime_academy
$VZ Trade Analysis DarkPoolsLet's analyze the provided chart of Verizon Communications Inc. (VZ) on the daily timeframe and break it down systematically to understand its current trend, key levels, and potential trade setups. 1. Trend Analysis: Moving Averages: The stock is trading above the 8 EMA (yellow line) and 21 EMA (blue line), indicating a bullish trend. The price recently moved above the 200 EMA (dotted purple line), further confirming momentum. Price Action: The stock had a strong breakout from a previous consolidation range. A series of higher highs and higher lows suggests the uptrend is continuing. The last few daily candles show strong bullish momentum with large-bodied candles. 2. Key Support and Resistance Levels: Dark Pool Levels (White Dashed Lines): BB SW: 39.50 (A significant area where large institutional orders were executed.) BA SW: 41.25 (A more recent Dark Pool level, which is now acting as a support level.) Pivot Levels & Resistance Areas: R1: 40.99 (Already broken, now acting as support.) R2: 42.58 (Next potential resistance.) R3: 44.28 (A major target if momentum continues.) R5: 42.84 (Another high-level resistance.) Support Levels: S1: 39.09 S2: 38.79 S3: 38.48 S4: 37.58 (Major support and invalidation level.) 3. Trade Plan & Strategy A. Bullish Trade Idea (Momentum Play) 📈 Entry: If the price holds above 41.25 (Dark Pool Level) and re-tests successfully. 🎯 Profit Targets: 42.58 (R2 Pivot Level) – Short-Term Target 44.28 (R3 Pivot Level) – Extended Target 44.84 (R5 Level) – Full Bullish Breakout Target 🛑 Stop Loss: Below 40.49 (21 EMA & previous resistance now support) Aggressive Stop: Below 41.25 (invalidates momentum) Conservative Stop: Below 39.50 (breaks key Dark Pool level) B. Bearish Reversal Play (If Price Fails at Resistance) 📉 Entry: If the price rejects 42.58 and shows weakness. 🎯 Profit Targets: 41.25 (Dark Pool Level) – First Target 40.49 (21 EMA) – Extended Target 39.50 (BB SW Dark Pool Level) – Full Target 🛑 Stop Loss: Above 42.84 (R5 Pivot Level) 4. Conclusion & Prediction Primary Expectation: Bullish continuation if price holds above 41.25 with targets at 42.58 and 44.28. Risk Consideration: A break below 41.25 and 39.50 would signal potential weakness. Final Thought: Institutional buying (Dark Pool activity) at 39.50 and 41.25 suggests strong accumulation. If volume sustains, this move could push VZ towards 44+ in the coming weeks.
NYSE:VZLong
by thedarkpooltrader
#JAILSTOOLUSDT is showing weakness 📉 SHORT BYBIT:JAILSTOOLUSDT.P from $0.01194 🛡 Stop Loss: $0.01234 ⏱ 15m Timeframe 🔹 Overview: ➡️ The price has broken a key support level and is trading below the POC zone ($0.01356), where the highest volume was accumulated. ➡️ A bearish trend is forming, with lower highs continuing to develop. ➡️ Selling pressure is increasing, indicating growing momentum from the sellers. ➡️ If selling activity persists, expecting further downside movement toward TP levels. ⚡ Plan: ➡️ Entering short below $0.01194, targeting profit at TP levels. ➡️ Expecting a breakdown confirmation and continuation of bearish momentum. 🎯 TP Targets: 💎 TP 1: $0.01152 📢 BYBIT:JAILSTOOLUSDT.P is showing weakness — preparing for further decline!
Short
by MoriartyTrading
Sabre Corporation | SABR | Long at $3.00Sabre Corporation's NASDAQ:SABR earnings have slowly been improving since the pandemic and may be heading into profitability by 2025/2026. Disinterest in the stock may also be waning as the price creeps closer to my selected historical simple moving average (SMA, white and teal lines). Often, but not always, as the price nears this line, it jumps to make contact over a few weeks or months. Not to say that more volatility won't be ahead, but NASDAQ:SABR currently sits in a personal buy zone at $3.00. Target #1 = $4.00 Target #2 = $5.00 Target #3 = $6.70
NASDAQ:SABRLong
by WorthlessViews
EURNZD is in the Buy direction after forming Triple Bottom Hello Traders In This Chart EURNZD 4 HOURLY Forex Forecast By FOREX PLANET today EURNZD analysis 👆 🟢This Chart includes EURNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
NZD/USD 1-Hour Chart Analysis –📊 NZD/USD 1-Hour Chart Analysis – Feb 20, 2025 🔹 Current Price: 0.57239 (-0.11%) 🔻 Recent High: 0.57324 🔻 Recent Low: 0.57031 🔴 200 EMA: 0.56935 (Acting as support) 🧐 Key Observations: ✅ Bullish Structure: The price has been trending upwards with higher lows, showing strength. ✅ Support Zone: A key support zone around 0.5720 - 0.5730 (highlighted in orange). ✅ Trendline Retest: Price is currently testing the support zone, potentially setting up for a bounce. 📉 Possible Scenarios: 🔹 Bullish Case: If buyers hold the support zone, a bounce toward 0.5740 - 0.5750 could be in play 🚀. 🔹 Bearish Case: A break below 0.5700 could lead to a deeper pullback towards 0.5670 - 0.5660 ❄️. 🎯 Trading Plan: 📌 Buy Setup: Look for confirmation (e.g., bullish candlestick patterns) around the orange support zone for long entries. 📌 Sell Setup: If the price breaks below 0.5700, consider short positions with targets around 0.5670. 🔥 Final Thoughts: The trend remains bullish unless we break below key support levels. Watch price action near the support zone for potential opportunities! 📢 Traders, what’s your take? Are we bouncing or breaking down? Let’s discuss! 👇💬 #NZDUSD #Forex
Long
by MrStellanSight