FTSGBPAnalysis of the pound index, symbol FTSGBP Mid-term and long-term time frames Strong support range 8222 Target 8636 and 8836 The market can enter the next rising wave by maintaining the support, which is more likely to be supported, and also by breaking the upward trend line.Longby Elliottwaveofficial3
NASDAQ 100 10 Rules for Market Dynamics (Translated to English) If the price "accepts" a value area, it is highly likely to reach the other extreme. If the price is within a value area, the expectation is for it to remain INSIDE until there are clear signs otherwise. Price tends to be "choppier" within a consolidated value area due to high liquidity. Define tolerance zones. Do not trade in the middle zone (POC). If the price is accepted OUTSIDE the value area, the expectation is for the condition of the market to change and likely expand.Shortby robert_carl2
German Index (DE40) – 4-Hour Time Frame AnalysisGerman Index (DE40) – 4-Hour Time Frame Analysis Market Context: After a very strong bullish trend, the German Index (DE40) appears to be approaching a point where a potential retracement could take place. The market may be signaling a slowdown in bullish momentum, and a correction to the downside is a possibility. Potential Take Profit Levels: First Take Profit (TP1): 20,000 This level represents a key psychological point and may act as an initial target for traders. Second Take Profit (TP2): 19,675 A crucial level where the price could retest significant support if the correction deepens. Key Reminders for Trading: Do Not Follow Blindly: Always analyze the market using your own strategies and trading techniques. Adapt based on live price action. Trading is Reactive, Not Predictive: Focus on reacting to what the market shows rather than trying to predict future movements. Capital Preservation is Key: Keeping your money is more important than making money. Always prioritize protecting your capital to stay in the game. Final Notes: This is the analysis for today on the German Index. Remember, these insights are for informational purposes only and should not be taken as financial advice. Trade smart, be patient, and avoid impulsive decisions. That’s it for today! Let me know your thoughts or if you need further clarification.Shortby KainT213
NIFTY EXPIRY I am expecting nifty to have a sideways expiry within this range .A direction move could be expected once the levels are breached . good luck guys !!by neeshalr19931
#NIFTY Intraday Support and Resistance Levels - 12/12/2024Gap up opening expected in today's session. Expected opening near 24750 level. Currently nifty trading in the consolidation zone of 24550-24750 level. 24750-24800 zone act as a strong resistance for nifty. Strong upside rally expected if nifty gives breakout of this resistance zone. Downside 24550 is an important support. Any major downside only expected below this support level.by TradZoo16
[INTRADAY] #BANKNIFTY PE & CE Levels(12/12/2024)Today will be slightly gap up opening expected in banknifty near 53500 level. Currently market creating the consolidation zone. After opening if banknifty starts trading and sustain above 53550 then can go for the long side position. Downside possible below 53450 level. 53050 level will act as a strong support for banknifty. Any major bearish rally only expected below this level.by TradZoo4
US30 1HIn continuation of the Dow Jones analysis, which you can view here and here , the market spent some time consolidating to complete orders. So far, we have seen a decline of approximately 800 points. There is a possibility of temporary buyer activity, but no clear signs of a bullish market are visible yet. For now, the target remains at 43,800, and I will observe how the market behaves next.Shortby GreyFX-NDS4
US100The NASDAQ trend is expected to remain bullish, but corrections in the market movement are natural and necessary. Therefore, if weakness in continuation is observed, I will sell with smaller volume and trade more aggressively in the bullish direction. The identified targets are 21,930 and the range of 22,230 to 22,445. Additionally, I am interested in buying at discounted prices, specifically around the 21,640 level. The current chart lacks a clean structure, so the market might form small ranges before continuing its upward movement.Longby GreyFX-NDS1
Top of the rising wedgeThe price has hit the top of the rising wedge and a trendline that starts from March 2022 top (top of a big orange channel). There is also a solid bear divegence on 4H and even a tiny bear divergence on 1D tf. I expect a pullback from here, but I'm not sure if it will be a reversal or we will see a new ATH soon. Need help of elliotitians, I can't count these damn waves.Shortby Supergalactic1
DXY Premarket Analysis DXY Premarket Analysis Price has been rallying to the take buy side. Making higher highs. Trading in a Premium on the weeks range. I would like for price to come down to sell side target and FVG 618 level, possibly the even lower. I also consider that sell side liquidity could be the target so Price can sent to the equal highs as Iam bullish on this pair. I suspect sell side is the target today. Shortby LParnell1
US500 evening updateBearish count for US500. This count has price in wave (5) of ((5)), to complete impulse off 5 August low. Again, not tagging median (red) line of pitchfork suggests bearish reversal. Count valid below price of 6197, as ((1)) > ((3)) > ((5)).Shortby discobiscuit1
Be Careful Going Short on US30 Wait for Retest of 44156US30 is faking as if its going to sell. This may be the case however the likelihood that this pair is still falling is minimal. What we are seeing is market manipulation. They are going down to take the liquidity from the buyers in the market then going up. If this is the case, look to short only after a retest and ride it down to the next two support levels maximum. What do you think? Comment BelowLong05:34by leslyjeanbaptiste1
Short potential in NAS 100 looks promising! Description of trade As we very clearly identify a HEAD AND SHOULDER pattern in 1hr TF and 4TF , there is a high probability of pair to reverse , as we see constantly with this chart pattern . Price if retests on the neckline after 1330 UK TIME ( MAJOR RED NEWS TIME ) , we could potentially look for a short trade with good SL and lot size in line with your account size. There are two ways I will be looking to trade this pair today during session (NEW YORK ) A MEDIUM RISK TRADE: I will look to place a sell - limit on the current neckline of the pattern , with my Stop loss being on top of the right shoulder , as my stop loss will have lot of room, my lot size will be smaller to manage my risk accordingly. A HIGH RISK TO REWARD TRADE Second way foe me to enter this trade would be after 1330 high news today , to trade along with market structure i normally trade , i.e. seeing fractal structure , liquidity grab and so on , this will however have small stop loss but bigger lot size . This will be entered on 15TF or 30 min TF . Notes : This are the probabilities for today , if we do not see the expected footprint from the market , remember there's a always a next day to trade. Shortby rubinGrgUpdated 8
My expectations for Nasdaq 100Hi guys, I hope you are doing well ** The index jumped up and passed two important resistance lines and even settled on them ** The index also passed my Fib so important level 23.6% and needs only to settle on then surge up towards my TP level ** The Used time frame on the chart is 4H and I used also the daily and the weekly frames for that analysis ** I see that there is a room to surge up too my second Fib retracement level but I prefer currently to set my long to the TP on the chart to avoid a possible retracement! My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.Longby moustafa_mareiUpdated 4416
NAS100USD: Anticipating Temporary Bearish Order Flow?Greetings Traders, Today's analysis highlights significant bullish momentum in NAS100USD, driven by the heavy volatility following the CPI news release. Despite the bullish institutional order flow, there is potential for temporary bearish order flow. This could either serve as a brief retracement to meet specific objectives before continuing the bullish trend or, possibly, a full reversal of price action. While we must wait for further market confirmation, current conditions provide an opportunity to target the sell stop objectives highlighted on the chart. Key Observations and Confluences: 1. Institutional Price Delivery Insight: At present, price is positioned in a premium zone and has recently taken out Engineered Resistance Liquidity, where premium buy stops reside. Institutions often use this liquidity to pair orders by selling against these buy stops. Institutions, having sold at a premium, will aim to buy back positions at a discount (a process associated with profit-taking). Therefore, we anticipate price to move towards liquidity pools at lower discount levels. 2. Trendline Liquidity: The chart also reveals engineered trendline liquidity, a classic setup where retail traders buy along the trendline, leaving their stop losses below. Institutions view these stop losses as sell stops, representing willing sellers against whom they can close their buy positions. This makes these lows prime targets for institutional activity. The current evidence provides a strong foundation to anticipate bearish price action towards these liquidity pools, offering a strategic opportunity to align with the institutional narrative. If you have any insights, questions, or additional analysis, feel free to share them in the comments below. Let's collaborate and grow together as traders. Kind Regards, The Architect Shortby The_Archi-tectUpdated 9922
Selling Seen.. But...Today Index went up till 111759 & then dropped to 107711 (movement of around 4000 points). Now, Immediate Support levels are S1 107500 - 107700 S2 105000 - 105500 In worst case, Index may touch 100800 & then rally upside again. On the flipside, Immediate Resistance levels are R1 111850 112000 R2 115000 116000 by House-of-TechnicalsUpdated 6