Trade setup for BANDBandUSDT is at absolute support, giving us a good opportunity to invest. I am expecting 2X on band for the very least.
SL and TP is shown on the chart.
Trend Lines
AUDJPY Still bearishThough previous high was broken, a fundamental look still shows aussie losing momentum. This way, we are looking at a at a test of the new high for validatiiin of my entry. A break of the new high invalidates this trade.
Overall, the JPY seems to be gaining momentum across board leading to a selloff
GPBJPY BEARISHPrevious high was not broken but price created a new low. Based on trend line, price will retest previous high and trendline and sell off from there.
AUDUSD InsightHello, dear subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- The U.S. is engaged in one-on-one negotiations with Russia regarding an end to the war in Ukraine, while tensions with Ukraine and the European Union continue to rise. U.S. President Donald Trump criticized Ukrainian President Zelensky on Truth Social, calling him a “moderately successful comedian” and a “dictator who never held an election.”
- ECB Executive Board Member Isabel Schnabel stated that the time is approaching for the ECB to either pause or completely halt rate cuts. She explained that inflation in the Eurozone remains high due to new shocks in energy prices and persistent wage growth.
- The FOMC meeting minutes indicated that, given the debt ceiling dynamics, there could be significant fluctuations in reserves over the coming months. Several participants mentioned that it might be appropriate to pause or slow down the balance sheet reduction until the debt ceiling issue is resolved.
Key Economic Events This Week
+ February 21: U.S. February Manufacturing PMI, February Services PMI
AUDUSD Chart Analysis
AUDUSD has successfully broken through the 0.63000 resistance level and continues its upward trend. However, there is overlapping resistance at the 0.64000 level, making further upward movement challenging. A significant pullback is likely, with 0.60000 being the most probable support level. Given this setup, the bias remains bearish.
If AUDUSD breaks above 0.64000, the next target would be 0.66000. In that case, we will adjust our strategy accordingly.
DCA Play $SOXL | Good R:Rhere are my key observations based 4-hour chart on AMEX:SOXL
Price is in a tight consolidation. must break $28.54 with an abs close to see upside potential.
If rejected, a revisit of $26.35 or lower could happen.
However, this sets us up for a great averaging play
$26.35 is a strong support, meaning price may bounce before reaching $25.57, a logical place to accumulate.
SL @ $23.77 (or close =< .79) a break below 23.80 will mean further downside. (best to confirm with close)
T1 @ $30.00 first aligns with 50% Fib. standard reversal area.
T2 @ $32.70 to gap fill if momentum is persists
Why this works:
no need to predict the exact bottom, nature of cost avg'ing
earlier rebound to $25.57 allows you to maintain exposure
scaling out at $30 and $32.70 locks in profits while allowing more upside
Good risk-reward ratio (~1:2.5 or better)
Risks to consider:
breaks <$23.79, will go lower (possibly retesting $22-$21 range)
If volume remains weak, recovery to $30 may take longer than expected
semiconductors remain somewhat bearish, meaning AMEX:SOXL could lag even if it stabilizes a bit
Watch for volume confirmation on the bounce
Play for T2: In the event that price reclaims $28.54 quickly, consider adding to the position for momentum play to $30.00
Other supporting indicators:
a descending wedge has formed, this occurs after a downtrend where price is making lower highs and lower lows, but the slope of the downward move is narrowing; a bullish signal because it shows sellers losing strength, and a breakout to the upside is likely.
Last Vol was at 43.88M, lots of involvement
Implied Volatility was at 91.45%
β 4.32 : market expects large swings
Put to Call ratio (0.67) indicate to me that there are more calls than puts out, a bullish sentiment for those who aren't familiar with options.
DCA Play $SOXL | TARGET 1 REACHEDPrice action moved with good momentum and maintained volume for the trading day.
The original call is good to go:
T2 @ $32.70 to gap fill if momentum is persists (poor spelling when analyzing at 3am - but you get the gist)
I expect a minor pull back before gap fill; depending on price action, may or may not add to position.
A gap up would be signal to close all profits, with a +10% PnL.
gg
Weakness on HOOD stockRobinhood Markets, Inc. (NASDAQ: HOOD) shares appear to have sold off after publishing its February 12th earnings report. Following the report's good news, the market gapped up on opening and triggered a buying surge, allowing professionals to sell. The next day, the price recovered on a significantly lower volume, indicating absence of the professional interest on the upside (weakness). Then, on February 18th, another selling took place, which absorbed the remaining demand and pushed the price below the low of the gapped-up bar. This is bearish behaviour.
It has to be noted that there were a few more selling activities in December 2024/January 2025 (red rectangles), making the overall situation on the stock even weaker.
Despite the serious weakness, we may still see a retracement up into the $62.09 - $65.21 area for either more selling or retesting of demand, after which a move down to the $41.04-$42.66 zone could be expected. In this case, the support might reappear around the $52.96 level and at the $49.56 - $50.19 area.
Flowserve Corporation Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Flowserve Corporation Stock Quote
- Double Formation
* (Continuation Argument)) | Completed Survey
* 012345 Wave Feature & Uptrend Bias | Subdivision 1
- Triple Formation
* HH's & HL's & Channel Mark Up | Subdivision 2
* 0.786 Area Retracement Configuration | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Archer-Daniels Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Archer-Daniels-Midland Company Stock Quote
- Double Formation
* ((No Trade)) At 67.00 USD | Completed Survey
* (Downtrend Argument)) & Short Feature Entry ABC | Subdivision 1
- Triple Formation
* ABC Wave Feature | Subdivision 2
* 1 Area Retracement Configuration & Channel Opposite | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
XAUUSD BUYTechnical Analysis
Retreats Provide Opportunities Amidst Dip-Buying_1
On the 4-hour timeframe, the XAU/USD pair has been in a steady uptrend since the beginning of the year, trading within a narrow ascending channel. Recently, it has turned into a new steeper channel, which is in sharp contrast to the previous broad-based volatility pattern. This turn confirms the strength of the gold bull run, which is characterized by minor pullbacks that attract significant bottom-hunting activity, leading to rapid new highs. Although the short-term gains appear somewhat overdone, bullish sentiment remains strong, clearly dominating the market. The short squeeze has prompted significant short-covering, creating a “fear of missing out” atmosphere in the gold market, with new buyers constantly entering to capitalize on the upward momentum. Analyzing the trend, gold prices are approaching the psychological level of 3000, and given the alignment of market sentiment and capital, a quick achievement of this target cannot be ruled out in the near term. It is recommended to buy around 2900 during price pullbacks, with a target near 3000 and a stop loss below 2865.
Trading Recommendations
Trading Direction: Buy
Gold - This Breakout Will Lead To $5.000!Gold ( TVC:GOLD ) is preparing a major breakout:
Click chart above to see the detailed analysis👆🏻
For more than one and a half decades, Gold has been respecting the structure of a rising channel pattern with one exception. Back in 2010 we saw a bullish breakout followed by a parabolic rally and as we are speaking, Gold is starting to break out of the channel once again.
Levels to watch: $2.900, $5.000
Keep your long term vision,
Philip (BasicTrading)
Looking for a Trend Trap on HGI put an alert to buy in on Copper. We'll see how it plays out till the end of the week
Kainos Group PLC Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Kainos Group PLC Stock Quote
- Double Formation
* A+ Set Up Short Entry Bias | Completed Survey
* (Area Of Value)) | Pattern Set Up Invalid| Subdivision 1
- Triple Formation
* (Consolidation Argument)) On Retracement Area | Subdivision 2
* Trendline 1&2 | Neutral Bias & Triangle Feature | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
THG Holdings Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# THG Holdings Stock Quote
- Double Formation
* ((No Trade)) & A+ Set Up Short Entry Bias
* (Continuation Argument)) | Retracement Area | Subdivision 1
- Triple Formation
* 1.618 Short Support & Retracement Mark Up | Subdivision 2
* Inverted Pattern | No Set Up | Subdivision 3
* Daily Time Frame | Trend Settings Condition
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
HI SCHLUMBERGER I love this company so much that I love it to go up...however the chart are looking pretty wacky
It's a bear market for this asset
Pull out or diversify your portfolio cause the next target is the $34 and $20 mark respectively
Hopefully the investors and economy turns it around swiftly
Silver on the path of growth and developmentAs I mentioned in the previous article, silver is moving towards the desired target, which is around $40 per ounce of silver. As you can see, this three-month chart and the uptrend drawn and reproduced shows the desired price target near the top of the channel.
If there is a change and an update is needed, I will definitely check and publish it again.
Good luck.
MJ .REZAEI
NIFTY must sustain itself abv 23000 level to regain its strengthAs we can see despite the strength NIFTY failed to sustain ahlhe psychological levels of 23000 level and the trendline resistance showing weakness hence as long as it’s below the trendline it could remain negative to volatile so plan your trades accordingly and keep watching
CMSB - Breakout Down Trendline ?CMSB - CURRENT PRICE : RM1.10
CMSB had broken down trendline on high trading volume - indicating strong buying interest.
This is possible beginning of trend changing from downtrend to uptrend. Furthermore, the reading in RSI crosses above 50 added more bullish outlook for this stock.
Technically i would buy on this breakout point as it suggest an attractive RISK to REWARD ratio.
ENTRY PRICE : RM1.10
TARGET : RM1.20 , RM1.29 , RM1.42
STOP LOSS : RM1.00
Notes : There is a catalyst for this stock. Investors may refer to TheEdge website (date 19 FEB 2025) - CMSB books highest quarterly net profit in more than two years, declares three sen dividend.
EURUSD soon above 1.0700 As we mentioned a lot here is major and last support left for EURUSD and price did react well to our major daily support zones and buy zones and after more range here we are looking for more gain to the resistance like 1.07 as next target.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
GBPUSD soon 1.29 and more gain after thatWe are looking for more rise and gain for the price here and also dump for USD in next months so green candles here and on EURUSD will lead for a while and first target is 1.29 which means more +450pips rise is ahead.
DISCLAIMER: ((trade based on your own decision))
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Zoetis | ZTS | Long at $156.94Zoetis NYSE:ZTS , the largest global animal health company, generated more than $9 billion in revenue in 2024 and earnings have grown 9.3% per year over the past 5 years. Free cash flow for FY2024 was over $2.2 billion. Dividend consistently raised every year for the past for years (currently 1.28%). The growth of the company isn't expected to slow any time soon, and I believe the animal health care market will grow right alongside the human health care market - if not potentially faster (people love their pets).
Thus, at $156.94, NYSE:ZTS is in a personal buy zone. There may be some near-term risk with the potential for a daily price-gap close near $136.00, but I personally view that as an even better buy opportunity (unless fundamentals change).
Targets
$170.00
$180.00
$200.00
TAO (Bittensor); my notes for long-termIf it breaks the falling wedge by rising, it promises hope. Buying zones are 270 - 310 - 360. Above, 570 - 700 and 830 are important profit-taking levels. I am following the levels I marked on the chart and this formation. for negative scenario, i keep in mind that levels: 150 - 180.
This is not investment advice.
US500 NEW PRICE !hello friends
As you can see, this index tried to break its ceiling 2 times, which faced correction, but in the third encounter, it succeeded in breaking the ceiling and was able to give this signal that the price can go up to 6200 or even higher.
*Trade safely with us*
