Rites BO after accumulationThe stock is showing a breakout (Bo) after accumulating at support levels.
This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL).
Volumes are also shooting 'up.
It's worth noting that there’s a trendline that has been respected for a long time.
Breakout should be with a strong candle (TF as we used in chart); then the entry will be after the consecutive candle which should be breaching the breakout candle.
Do your own research before investing
Trend Lines
Kalyan Jewellers H&S BOThe stock is exhibiting a potential Head and Shoulders (H&S) breakout after a significant rally from 130 to 800.
However, there is a risk of a false breakout for distribution purposes, so it's important to proceed with caution.
small supply can be seen at 880 levels.
A strong breakout would be more reliable if supported by good trading volumes.
Additionally, a stop loss (SL) can be set at the low of the shoulder, with a strong daily candle close below 710 indicating a possible reversal.
Always remember to do your own research before making any investment decisions.
JUBLFOOD cup & handleAlthough I'm bearish on Indian markets and predicting 21000 as the target, these scrips are popping up on my radar.
It's suggested to enter based on your risk capability.
The entry will be only on a strong close of the daily candle above 745, and the stop-loss (SL) will be the low of the handle.
POSSIBLE SELL STRUCTUTRE ON GBPCHFGBPCHF is on its all time low on monthly time frame .it is flying up with style making a series of highs and lows on smaller time frames .It has made the second touch of bullish trend on weekly time frame. It is bearish on daily time frame, approaching the third touch of the weekly time frame bull trend. Sitting on a daily support to make a retest of a previous broken zone to continue the sell until the final support con the weekly bull trend. peace!
BANKNIFTYNSE:BANKNIFTY
CURRENTLY DOESNT LOOK GOOD TO INVEST,
LONG TERM TRENDLINE BROKEN.
ONE SHOULD WAIT FOR FURTHER SUPPORT ON WEEKLY BASIS.
LOOKS TOUGH SHORT TERM AND MID TERM !!!!!!!
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
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Support and Like incase the idea works for you.
Bearish trend on BTCHello everyone, BINANCE:BTCUSD
In my opinion, Bitcoin has entered a bearish trend. Considering its numerous touches on the support level I’ve drawn in the $91,000 to $92,000 range, there’s a strong possibility that this level may break, leading to lower price levels. Additionally, Bitcoin dominance has increased, indicating capital outflows from altcoins, which could suggest that the market is moving toward lower price levels.
It might be a good idea to close our long positions and gradually start opening short positions, especially in altcoins, after getting confirmation from the market.
What is your idea?
Usdcad bearish entry level🌟 USDCAD Analysis 🌟
I shared this last before it got to the entry.
We've seen a strong uptrend in #usdcad for a while now, but what's next? 📈
✔️ Double high formation
✔️ A nice bearish engulfing pattern breaking out of the trend
Now there is a retest on the trendline, and then it's time to buckle up for a bearish loooong ride! 🔥
Let's see how it plays out and if the bears can take control! 🐻
Note: This base on technical factors
Two very high impact news this week, PPI and CPI
BTCUSDt,market target 92800entry point 93800 stop loss 94400Trade Alert
BTC/USD Sell Alert
1. *_Entry:_* $93,800
2. *_Target:_* $92,800
3. *_Stop Loss:_* $94,400
Trade Details
- *_Risk:_* $600 ($94,400 - $93,800)
- *_Reward:_* $1,000 ($93,800 - $92,800)
Monitor the trade closely and adjust as needed.
GOLD → Paranormal growth on the back of strong NFP...FX:XAUUSD is rising with the dollar and strong NFP data. Those who shouted that the metal is ceasing to play the safe haven function are very much mistaken :)
The surprise of rising NFP data and rising gold, which is not specific in this context, surprised the market quite a lot. After all, rising data points to a more hawkish stance of the Fed and generally medium-term policy in the US. But based on the environment, we can say that gold is rising because of the risks of the policy of Trump, whose inauguration will be held on January 20.
Now all eyes are on the US Inflation data. The upcoming week, will be quite interesting.
Technically: GOLD is breaking the consolidation resistance (symmetrical triangle) and is trying to consolidate above this boundary. Most likely, the struggle will continue and the price may test the previously broken figure boundary or liquidity zone 2675 - 2664, which will determine the further development of events.
Resistance levels: 2698, 2721, 2750
Support levels: 2675, 2665
The situation is quite unstable, as there are too many factors putting pressure on the prices.
Accordingly: if after the retest the bulls are able to keep the price above 2680-2690, the growth may continue in the mid-term ( till January 20 approximately ).
But! If the bullish structure will be broken and bears will start to keep the price below 2680, it can provoke correction to 2665, 2650.
Regards R. Linda!
Breakout in EURUSD
On Friday, EURUSD tested the previous low following the news.
This confirms the downtrend, leaving selling opportunities as the only option.
This week, the key news is on Wednesday, when inflation data will be released.
This is the next major event likely to have a significant impact and could trigger a correction.
ARBUSDTHi guys
The main trend is downward. We have not yet received confirmation of a trend change and the bullish outlook is very weak for now.
But on the daily and four-hour time frames, we have a positive RSI divergence.
And provided that the downward trend line is broken and the resistance range of $0.893 is consumed, the possibility of the continuation of the upward trend is strengthened.
What do you think?
Btc fibonacci levels Btc is holding levels making higher lows and the 72ems 420ema are getting closer together ready to golden cross we have gotten a couple large candles but we need two or more to break sideways action break adove 96000 we need to hold 94178 level or btc will go back to 92743 and we will break the higher low trend looking like algorithms trading as the levels and getting cleaner following the fibs if we hold 94178 clean close above green candle on new candle buy safer to wait for 94738 as previously stated in other ideas take profits at levels if we don't get big candles be prepared to take profits
EURUSD InsightHello, subscribers!
It’s great to have you all here. Please feel free to share your personal opinions in the comments. Don’t forget to hit the like button and subscribe!
Key Points
- U.S. December Nonfarm Payrolls increased by 256,000, significantly exceeding market expectations of 155,000, while the unemployment rate edged down slightly to 4.1% from the previous month's 4.2%.
- The stronger-than-expected performance of the U.S. labor market has solidified expectations for the Federal Reserve to maintain interest rates. A rate pause in January is now widely anticipated, with similar expectations for March and May.
- The yield on the 10-year U.S. Treasury rose to nearly 4.8%, while the 30-year yield broke above 5.0% at one point.
- Reports suggest that the Bank of Japan may revise inflation forecasts upward during its January meeting due to rising rice prices and exchange rate volatility. This has fueled speculation that the Bank of Japan might consider a rate hike, strengthening the yen.
- If the UK CPI comes in higher than expected this week, it could push gilt yields higher and intensify concerns over the UK’s worsening fiscal outlook.
Key Economic Events This Week
+ January 14: U.S. December Producer Price Index (PPI)
+ January 15: UK December Consumer Price Index (CPI), U.S. December CPI
+ January 16: UK November GDP, Germany December CPI, U.S. December Retail Sales
+ January 17: UK December CPI
EUR/USD Chart Analysis
The pair faced resistance at the anticipated high of 1.04500, resulting in a significant drop back toward the 1.02000 level. While there has been a slight temporary rebound, the pair is expected to resume its downward trajectory, potentially extending losses to the 1.01000 level. Should the 1.01000 support break, we may see the pair decline further toward parity (1.00000).
Let's go LONG this week & STRIKE GOLD for the HOUSE!!!COMEX:GC1!
" A life is not important except in the impact it has on other lives." -Jackie Robinson
As we head into the 2nd trading week of the New Year I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...
Confluence Profile 500K (Expectational Order-Flow + PA) 15-20pt STOP / 60-100pt Target
Key info; On average GOLD runs for 240pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 240 in Half = 120pts as our new GOAL to catch for the DAY (Intra Day)
Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand?
Currently Buyers have the stronger hand on the HTF's Daily & 4Hr. We just broke above the Daily Swing EQ Level ($2696.5) and have officially entered the Daily Supply Zone ($2719.0).
**** Scenario LONG #1) Now this is my Narrative to go LONG if and when price has a slight reaction out of the Supply Zone and sellers push GOLD down towards Daily Swing EQ Level ($2696.5) I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2696.5). OR
**** Scenario LONG #2) If sellers remain dominant and push price lower past EQ Level my next target will be 4Hr Sub. X Level ($2681.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2681.0). Or
**** Scenario LONG #3) Sellers remain Dominant and push price past EQ level & 4Hr Sub X. Level and come to mitigate the HTF Daily Demand Zone below ($2664.0). I will then head to the Order Flow Footprint Chart to watch very very closely if buyers start to change the expectation of orders from bear flow to bull flow from the Key Level ($2664.0).
Once we get our Confluence Profile 500K to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....
Key Note: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profit!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
A CLEAR BEARISH STUCTURE ON EURAUD.
There was confusion between bulls and bears on EURAUD the previous week ,making the pair to be choppy throughout the week. Hence, the confusion seems to be caused by the brake and retest of structure (resistance level) on weekly time frame ,meanwhile price rejected on a major /supply/liquidity zone but the previous monthly candle closed bullish leaving us to wonder what could happen next. all I can see is sells, there is a great shooting star on the monthly resistance level that is still pushing-price down and I can see a break of trend and retest on a 4hr time frame .I can also see a bearish flag that completed with shooting star on the current resistance level giving a sell signs. Trade with care
XAUUSD: Bullish Momentum Heading for Key ResistanceXAUUSD is trending within an ascending channel and is currently respecting its structure. Price action is approaching the upper boundary of the channel, which aligns with the marked resistance zone near 2705.302. This area may act as a supply zone, triggering retracements or reversals.
A short-term pullback toward the mid-channel or the highlighted demand zone near 2684.00 could occur before a continuation toward the 2705.302 target. Traders should look for bullish continuation patterns, such as a breakout above resistance or higher lows on the pullback, to confirm further upside potential. Conversely, a break below the demand zone might indicate bearish momentum.