Trend Lines
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.
HelenP. I Bitcoin will little correct and then start to move upHi folks today I'm prepared for you Bitcoin analytics. Some time ago price declined to the trend line and then started to grow, so, quickly later rose to the support level. this level was concerned with the support zone and soon BTC broke this level, after which made a retest and started to trades near this level. Later, the price rose to the resistance level, which coincided with the resistance zone, after which made a correction to the support level and then in a short time backed up to the resistance level. Then the price continued to grow and soon reached the 103000 level and even broke it and then continued to move up. Bitcoin reached a new ATH and then turned around and made a correction movement, breaking the 103000 level one more time. Price fell to the trend line and then tried to grow, but failed and now continues to trades close to this line. In my opinion, BTCUSDT will decline below the trend line and then start to grow to the resistance zone. So, for this case, I set my goal at 105K points. If you like my analytics you may support me with your like/comment ❤️
ADA/USDT Trading Scenario UpdateThe asset has shown a strong upward trend, rising from $0.3190 to $1.3264, indicating increased market interest. This growth was accompanied by higher trading volumes, which confirms its strength. Currently, ADA is in a correction phase, which has already retraced over 40% from its peak.
The key POC (Point of Control) level of the current local uptrend cycle is at $0.5979. This volume-based level could serve as support and potentially mark the beginning of a reversal. For investors, this represents a good entry point to purchase the asset at a more favorable price before a potential altseason.
It’s important to monitor the price action near this level, as its reaction could determine the further direction of movement.
COST with Strong Resistance Divergence **Costco (COST)** has not yet reported its results for the quarter ending in November 2024. The results are expected to be released on **December 12**.
This warehouse club operator is expected to post quarterly earnings of **$3.79 per share** in its upcoming report, which represents a year-over-year change of **+8.9%**. The consensus EPS estimate for the quarter has been revised **0.1% higher** over the last 30 days to the current level.
Costco's revenues are expected to be **$62.37 billion**, up **7.9%** from the year-ago quarter.
For now its expected to have a dropp down twoard the lower channel supported by strong negaptive resistance in addtional it seems Options Market makers are looking to burn 955 and 1000 Call 29 Nov Contracts
EURUSD InsightHello, subscribers!
Great to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- Japan's Finance Minister, Katsunobu Kato, stated, "The yen has recently exhibited unilateral and rapid movements. Appropriate measures will be taken to curb excessive currency fluctuations."
- The U.S. Commerce Department reported that the November Personal Consumption - Expenditures (PCE) Price Index rose by 0.1% month-on-month, falling short of market expectations.
- Austan Goolsbee, President of the Chicago Federal Reserve, remarked, "U.S. inflation remains on a slowing trajectory toward the 2% target."
Major Economic Events
+ December 23: UK Q3 GDP
+ December 25: Christmas
+ December 26: Boxing Day
EUR/USD Chart Analysis
After breaking out of its previous upward trend, the pair is now in a consolidation range. A rebound from the lower levels suggests potential upside to the 1.06000 line. However, if it fails to break the resistance, there’s a high likelihood of breaching the bottom and exiting the range, potentially extending losses to the 1.01000 level.
Conversely, if it breaks above the 1.06000 line, further gains toward the 1.08000 level can be expected.
If movements deviate from expectations, we will promptly revise our strategy.
XAUUSD 22/12/25XAUUSD Analysis
Last week, we began with a bullish bias, but our outlook quickly shifted to bearish by Monday's close. This shift led to the significant downside movement observed during the latter half of the week, driven by fundamentals. We saw a substantial run targeting the lower levels, which brings us to today’s bias, which remains bearish.
Currently, we are focused on the three liquidity lows as our primary targets. As always, we look to the highs within the range to provide optimal entries for these targets. At the moment, there is a high in the middle of the range, but we are prioritizing the higher, more favorable highs for potential short positions. If an entry aligns with our plan, this could lead to the final sell-off of the week before the New Year approaches.
Trade safe and stick to your plan.
EURUSD 22/12/24EUR/USD Update: Final Week of Trading Before the New Year
As we head into the last week of trading before closing shop for the year, here’s a recap and outlook:
Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected.
Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows.
Currently, we have a potential high forming near the center of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower.
Stay disciplined, trade your plan, and manage your risk.
ETH setting up for a nice year aheadETH looks to be entering into another year long bull run. Looking for one more pull back to give the best entry at or below the bottom channel of the trend. We've been in this ascending triangle since May 2021 so it going to break strong when it does break out of the triangle. 2025 looks like it will be great for ETH!
Liberty Latin America | LILA | Long at $6.37Liberty Latin America NASDAQ:LILA is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands Flow, Liberty Communications, Más Móvil, BTC and Liberty Costa Rica. Insiders have been loading up shares after the recent drop post earnings, which got my attention. The company is expected to be profitable starting in 2025, but its stock has taken a tremendous hit over the past few years. On paper, the future looks bright for this large telecommunications company and it is trading at good value compared to peers and industry.
From a technical analysis perspective, my selected historical simple moving average lines are connecting with the price (which often means a future breakout). The recent dip, based on the financials and insider buying, may be a hidden opportunity for a future run up and the stock consolidates. However, as always, stay cautious. Thus, at $6.37, NASDAQ:LILA is in a personal buy zone.
Target #1 = $7.00
Target #2 = $8.00
Target #3 = $9.00
Target #4 = $10.00
Amer Sports Inc. | 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
# Amer Sports Inc.
- Double Formation
* Trend Line 1 & 2 | Completed Survey
* Retracement Not Numbered | Subdivision 1
- Triple Formation
* 012345 | Wave Count Survey Entry Settings
* Retracement | (1)) | Subdivision 2
* Daily Time Frame | Configuration | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy