Very interesting chart to watch here FRED:RESPPANWW Clearly shows we're still in QT, but obviously markets have been pumping. The Fed balance sheet is sitting at $6.9T which is the level in 2020 when the Fed continued its 2nd round of QE. I doubt they would announce they are buying assets again at the next FOMC on 12/17, but quite possibly at the January or March 2025 meeting after Trump takes office.
Volatility after Fed transitions from pause to lower rates
? ? The DXY (USD) has shown strong momentum, rebounding sharply from a key support level and pushing into this 4H resistance zone. In my view, the price seems overextended, and I’m anticipating a retracement within the current price swing range back to equilibrium. ? *Disclaimer: This content is not financial advice.
you have all the reason in the chart . now you are in the manipulation mood
Bitcoin Short-Term Analysis: Demand Zone Rebound to \$103,400 Timeframe: 1-Hour (BTC/USDT) --- Overview Bitcoin is showing a potential bullish setup in the short term, trading around \$100,171. The price is hovering near a critical demand zone, with a possible path toward the \$103,400 resistance level. Key Levels: - **Demand Zone (Support):** \$97,000–\$98,000 - **Target Price (Resistance):** \$103,400 - **Current Price:** \$100,171 --- Projected Price Action: 1. Correction: A short-term pullback into the **demand zone** (\$97,000–\$98,000) could create a higher low, offering an entry opportunity for buyers. 2. Rebound: A strong rebound is expected from the demand zone as buyers step in. 3. Target:Price is projected to climb toward the **\$103,400** resistance level. --- Trading Plan: - Entry Zone: Accumulate near the \$97,000–\$98,000 demand zone. - Target: Exit or take profits near \$103,400. - Stop-Loss: Below \$96,500 to manage risk in case of a breakdown. --- Considerations: - Watch for confirmation of bullish momentum around the demand zone before entering. - Monitor trading volume: a significant uptick in volume could validate the rebound. - If the price fails to hold the demand zone, it may invalidate the setup, leading to further downside risks. --- Disclaimer: This is not financial advice. Trade at your own risk and perform your own analysis before entering any positions.
When analysing the market, I noticed this potential Elliot Wave setup on ADAUSDT. For a number of reasons, I suspect that this pairing is forming a good opportunity to achieve a ~5.5 R:R short. The process taken to get to this idea is as follows: Macro view of the support / resistance flip zone on ADA between $1.20 and $1.30. https://www.tradingview.com/x/QJ5ErBjC/ Clean chart showing the interaction with the support / resistance zone. https://www.tradingview.com/x/mU1gWAN9/ Validation of Wave 1 Rules https://www.tradingview.com/x/zjJrhPg2/ Validation of Wave 1/2/3 Rules https://www.tradingview.com/x/tWH7YnPK/ Validation of Wave 4 Rules https://www.tradingview.com/x/hyNAiLHt/ Validation of Wave 5 Rules https://www.tradingview.com/x/4Tc6t9D3/ Correction Wave and Short Area of Interest https://www.tradingview.com/x/jhMgotiu/
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.10200 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.10200 support and resistance area. Trade safe, Joe.
Team, last 2-3 days, we have been successfully doing well on the EURUSD, long position Yesterday was a roller-coaster day; we got 3 times rewards. all target hit Today, we are entry-long at Time to go long Eurusd at 1.04700-30 - STOP LOSS at 104385 Target 1 - 1.04800-30 Target 2 - 1.04950-65 Target 3 - 1.05115-45 Once it hits the first target, take some partial and bring stop loss to BE Note: There will be a sideways effect for EURUSD before it goes up! Three times it has been fast up and down. When I enter the office, I will draw a chart of what we expect from them.
According to the decline of 1.06316 we sought that EUR/USD will make some pool back on the support of 1.05338, or the second support which found at 1.04903. But that tow support failed to carry the price and pushing it back higher to break the resistance which found at 1.06316. But now has you can see that EUR/USD the pare is still in sell direction after the break of 1.04903 and we have a confidence that the break of the area of support can confirm that the price will continuing going lower EUR/USD has always moved within trend channels. So. we believe that there could be a technical correction below 1.04403. Thus, the price could reach the 1.03479 area. Technically, we expect a range of price movements between 1.03344 and 1.03957. Once again i want to remand you that the downtrend started three months ago and remains intact in the medium term. The movement that we have seen in recent weeks is a correction Therefore, we expect the correction to be completed, the price to consolidate below the line.
Can DJT make a retracement bounce to complete C wave to the $45-$49 range? Confluence w : Fib retracement 0.66 - 0.786 + VAH of range + monhtly level ~48-49. Any thoughts? Of note: Fib times 12/23/24 and 1/14/25 (near inauguration) look interesting.