PEJ to $54My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at top of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive and over top of Bollinger Band
Price at or near Fibonacci level
Entry at $56.50
Target is $54 or channel bottom
Trend Lines
GOLD → News ahead. Price is testing the risk zone 2881FX:XAUUSD within the correction is testing the key risk zone from which either a continuation of the trend or a deeper correction will take place.
In the center of attention is the US CPI data, which may give a new impetus to prices.
Markets remain in uncertainty over Trump's possible tariffs and Fed policy. According to WSJ, the president's administration is preparing new tariffs and this is another dose of risks for the global economy.
Powell said that the Fed is in no hurry to change course, which raised expectations of a single rate cut in July and strengthened bond yields. Gold's further movement depends on inflation data and Trump's tariffs. If CPI exceeds forecasts, the dollar will strengthen and gold will fall in price. Weak data, on the contrary, may support the metal's growth.
Resistance levels: 2898, 2910, 2929
Support levels: 2881, 2870, 2855
A false break of the support at 2881 would mean that the market is still bullish and quite aggressive. If the bulls keep the price above 2881 - 2885, then in the short and medium term we should expect a rise to 2930 - 2950.
If gold breaks 2881 and sticks below this zone, then liquidation may take place in the market and the price may decline to 2855, 2848.
The situation is stalemate, as there is news ahead and that is why we should consider 2 scenarios.
Regards R. Linda!
EURUSD → Pending a breakout of resistanceFX:EURUSD is trying to take a chance amid the dollar correction. The price is forming a retest of consolidation resistance for a breakout and further growth
After an attempt to break the downtrend resistance, the price moves into consolidation and forms a range of 1.053 - 1.021. Inside this set-up a local channel (consolidation) is formed and the price tests the resistance at 1.038. The market is still trying to confirm the change of trend and get stronger on the background of the dollar correction.
The fundamental background is complicated due to the tariff war and economic crisis....
Resistance levels: 1.038, 1.053
Support levels: 1.033, 1.021
A breakthrough of the resistance at 1.038 and price consolidation above this area may trigger further growth within the distribution of the accumulated potential
Regards R. Linda!
USDCAD → Consolidation before downward distributionFX:USDCAD is stuck in a range (consolidation) between 1.4486 and 1.428. The dollar has been showing negative momentum lately, but with NFP ahead, the data could both reinforce the correction and support the index...
All eyes are on today's economic news. If the actual NFP is below the forecast (169K), it will strengthen the expectations of the Fed rate cut.
At 15:00 the Fed's monetary policy report will be released, which may clarify the further course of the regulator.
If the NFP comes out weak, the dollar may sag and USDCAD may decline.
If the data is stronger than expected, the USD will strengthen, which will lift the USDCAD.
If the Fed hints at a rate cut, it may weaken the USD, supporting the CAD
Resistance levels: 1.4345, 1.4369
Support levels: 1.428
News is uncertainty, as it is impossible to determine the outcome of this situation in advance.
Technically, the currency pair looks weak due to the falling dollar. A break of the support at 1.428 may trigger further decline.
Regards R. Linda!
Nasdaq - Starting The Final Parabolic Year!Nasdaq ( TVC:NDQ ) is perfectly following the breakout:
Click chart above to see the detailed analysis👆🏻
Back in 2020 we already witnessed the channel break and retest, which was followed by a parabolic rally of another +50%. And in mid 2024, the Nasdaq again broke the channel trendline towards the upside, preparing the repetition of the parabolic rally which we saw four years ago.
Levels to watch: $30.000
Keep your long term vision,
Philip (BasicTrading)
EURUSD - H4, H1 forecasts, Technical Analysis & Trading IdeasIntraday forecast
The downtrend is broken, and the price is in an impulse wave.
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward Higher TPs
SL: Below 1.0331
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Mineral Resources 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
# Mineral Resources Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey | Subdivision 1
* 012345 | Wave Count| Short Set Up
- Triple Formation
* Reversal Argument)) | Pattern Feature | Subdivision 2
* Numbered Retracement | Short Bias | Subdivision 3
* Daily Time Frame | Trend Settings Condition
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 | Sell
Gold 1hour time frame . Move between trendlines !!! Gold (XAU/USD) – 1H Chart Analysis (Feb 12, 2025)
📉 Market Structure:
Gold remains in an ascending channel, showing a steady uptrend.
Price recently made a lower high, indicating short-term weakness.
The key support zone ($2,850-$2,860) aligns with the lower trendline.
🔑 Key Levels to Watch:
Support: $2,850-$2,860 (trendline + demand zone)
Resistance: $2,900+ (recent high)
Major Downside Break Level: Below $2,850, risk of deeper retracement
📊 Potential Scenarios:
Bullish Case: If price bounces from $2,850-$2,860, it could resume the uptrend toward $2,900+.
Bearish Case: A confirmed break below $2,850 could push price to $2,820-$2,800 as the next key support.
📌 Conclusion: Gold is at a critical support level. If buyers step in at $2,850, we may see continuation to new highs. However, losing this level could shift momentum bearish. 🚀📉
Bad CPI, Perfect Setup Opportunity for the S&P500Today’s CPI was really bad: 3% vs. 2.9%. Bad for markets, good for the Dollar, and everything got slapped - S&P 500 included.
But honestly, moments like this are often where the magic happens. Zoom in, and you’ll notice that the Monday Low is still sitting there untouched. In a few minutes, the New York Stock Exchange opens. What am I hoping for? A sweep of that Low, followed by a quick reversal and a push to the upside.
On the 1-hour chart, the RSI is already in oversold territory. A sell-off at the open would be the perfect entry, aiming for a 1:3 risk-reward ratio. If the market plays along, this could get real interesting real fast.
🔹 Asset: S&P 500
🔹 Timeframe: 1H
🔹 Entry: 5974.60
🔹 Stop: 5936.90
🔹 Target(s): 6085.86
Gold Awaits CPI – Will 2,872 Hold or Break?✅ Gold (XAUUSD) Technical Analysis – CPI Impact in Focus
Gold is currently facing bearish pressure, with expectations of a 3.00% CPI release, which could negatively impact prices. A break below 2,872 is required to confirm further downside movement.
📉 Bearish Scenario (CPI at 3.00% or Higher):
If price breaks below 2,872, it will enter a bearish zone.
A confirmed stabilization below 2,872 will extend the drop toward 2,859 and 2,840.
Further bearish pressure could drive prices to 2,823 if inflation remains high.
📈 Bullish Scenario (CPI Below 3.00%):
If price holds above 2,872, a recovery toward 2,896 and 2,918 is possible.
A break above 2,918 could push gold back toward 2,938 in a bullish reversal.
Key Levels
Pivot Point: 2880
Resistance Levels: 2896, 2918, 2938
Support Levels: 2860, 2840, 2823
Trend Outlook:
Bearish if CPI remains high (≥3.00%) & price breaks 2,872
Bullish if CPI drops below expectations & price holds above 2,872
💬 How will CPI impact Gold? Will it break down or reverse? Let’s discuss in the comments! 👇🔥
GMAB / GENMAB / Likely this is the scenarioThe last 10 Years give us an idea how this stock moves.
Today i bough some expecting around 20% profit until End of July.
I look at Seasonality / seasonal price tendencies and identified a good period to be long in that stock. I have confidence in that and my entry was the break of yesterday candle.
Feel free to contact me for some chat.
Leave a like or comment or both ;-)
Trade what you see, trade what you understand and trade carefully and risk adjusted!
Cheers!
USNAS100 Awaits CPI – Will 21,560 Hold or Break?📊 USNAS100 Technical Analysis
The market is expected to be highly volatile today due to the CPI announcement. The expected CPI is 2.9%, the same as the previous reading, indicating no change in inflation. This is likely to have a negative impact on indices, as it suggests no shift in Federal Reserve policy.
🔻 Bearish Scenario:
If CPI remains at 2.9%, price is expected to drop to 21,560.
A confirmed break below 21,560 will extend the bearish trend toward 21,390 and 21,215.
The descending channel structure suggests continued selling pressure unless a reversal occurs.
🔹 Bullish Scenario (CPI Below 2.9%):
If the price stabilizes above 21,560, it could attempt a recovery toward 21,807 and 21,900.
A CPI release below 2.9% would likely trigger a bullish breakout, pushing price toward 22,100 and beyond.
🔑 Key Levels
📌 Pivot Point: 21690
📈 Resistance Levels: 21807, 21900, 22100
📉 Support Levels: 21560, 21390, 21215
Trend Outlook:
Bearish below 21,560
Bullish breakout potential if CPI is lower than 2.9%
💬 Will USNAS100 break 21,560 or bounce toward 21,807? Let’s discuss in the comments! 👇🔥
GBPUSD the pump started wait for more rise and gain As we can see price start to pump from our daily support zone and now we are looking for more pump to our first target which is 1.2800 and soon it will hit the target.
also we may have a range here or not but soon the green arrow on chart will be completed.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Gold Price Analysis: Is a Deeper Pullback Coming?Since the beginning of the week, I have been writing that although the overall trend remains bullish, Gold is due for a correction.
Indeed, after a blow-off top to a new all-time high of 2943, the price started to decline and reached the confluence support zone at 2885.
At the time of writing, the price has returned to this support level, and there is a high probability of a break below this level, leading to a continuation of the correction.
In such a scenario, traders could anticipate a test of the 2840 support zone.
My strategy is to look for selling opportunities on rallies above 2900.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
2-Day Green Dot Pivot – Trend ReversalWe just printed a 2-day green dot, signaling a potential end to the altcoin bleeding
Last time this signal appeared, we saw a 300%+ rally. 📉➡️📈
With 2025 altseason on the horizon, this could be the early warning sign smart money is watching. Time to position accordingly. 🎯
Is Altcoin Season STILL About to Begin in 2025?Looking at CRYPTOCAP:BTC.D , before the 2021 altseason kicked off, there were 3 key stages:
▍Stage 1: A steep rounded top formed.
▍Stage 2: Along the neckline of the rounded top, a rounded bottom developed.
▍Stage 3: BTC.D dropped sharply, triggering a crazy altseason.
For 2025, it seems we're about to enter Stage 3:
▍Stage 1: Again, a steep rounded top formed.
▍Stage 2: Just like before, a rounded bottom appeared along the neckline.
What’s different this time?
BTC.D just retested the neckline resistance zone for the second time yesterday.
After touching it, BTC.D formed a long lower wick, signaling strong rejection.
Now, it's all about watching the next moves.
If BTC.D mirrors Stage 3 from the last cycle, we could see a sharp drop soon.
And if that happens, the crazy altseason might start before anyone is ready.
🔴 for more future script "guesses" like this!
🔥 I've dropped another 2 analyses for the 2025 altseason on the right hand side if you're using computer, and scroll down a bit to see the link if you're using mobile.
EURCAD Resistance , All eyes on SellingHello Traders
In This Chart EURCAD HOURLY Forex Forecast By FOREX PLANET
today EURCAD analysis 👆
🟢This Chart includes_ (EURCAD market update)
🟢What is The Next Opportunity on EURCAD 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
FTI CONSULTING / FCN Long IdeaSeasonality gives us a very high propability that we see 10+ % gain in price the comping das until mid of April.
I am already invested but add to my trade as soon as we see some price action to the upside.
Trade at your own risk and trade only what you see and understand.
FCN is a quality stock in my list of shares I look at anyway, so it is good to find cheap price entries.
The stock is undervalued, too. Fair price can be considered 210.
Good Luck
Cheers!
USDJPY → False break of support gives bulls a chanceFX:USDJPY bumps into support and forms a false breakdown of the lower boundary of the local trend. The dollar is strengthening at this time, which may give a chance for growth of the currency pair.
The price stops in the zone of strong support, the fundamental background has been unstable lately and depends more on the USA. Everyone has long forgotten about the growth of interest rates in Japan and follows the economic data from the West.
Technically, there are two triggers on the chart, one to buy and one to sell, but since the global and local trend is upward, the preference is to buy. If the currency pair is able to consolidate above 151.9 - 151.95, then in the short and medium term we should expect growth to the targets indicated on the chart.
Resistance levels: 151.94, 153.7, 153.97
Support levels: 150.95, 149.52
But, if the dollar continues the correction and the bulls fail to realize the false support breakdown, the price return to 150.95 may provoke the support breakout and fall to 148.64.
Regards R. Linda!