Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB. Fundamental news: On Tuesday (GMT+2) we will see results of Cash Rate on AUD and on Thursday Unemployment Rate. News with high impact on currency. Like, comment and subscribe to be in touch with my content!
Looks like a B wave triple zigzag near completion. A push down into a c wave would setup the buy into a nice order block around 14040-14060
During last month the index reached 7% increase in price but now is waiting for the CPI data on Wednesday and FED decision in the following days. The price is now neutral around the 44k zone but the bullish tendency is strong as for now. Main resistance is the 44k zone, upward movements can enhance the actual tendency. Main Support is 43k and 41k zones. Any movements below the 41k could endanger the actual tendency on the chart. There is also a bearish divergence between movements in price and movements in RSI. This signals losing of price momentum and probably can warn about corrections in price. Following this, we have to wait for the new fiscal policies of United States.
Maybe a pullback to this area. The algo's likely run by AI now so think illogically like Humans do. A great spot for a bounce. Only spot don't be crazy if you have access to leverage. That's what they seek. Still holding from $3.77.
I like this chart and this company - I don't believe toys are going anywhere and they've proven that with consistently strong sales. Looking to continue adding to my position here at known demand levels like we hit today and to take some profits in the $21-$24 range in the near future Happy Trading :)
Support Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy, while sellers become less inclined to sell. Identically, when the price reaches these support levels, it tends to rise because there is more buying pressure than selling pressure. Resistance Resistance is the opposite; it's the price level at which selling pressure is strong enough to prevent the price from rising further. As the price rises towards resistance, sellers become more likely to sell and buyers become less inclined to buy. When the price hits these resistance levels, it struggles to rise further because the selling pressure exceeds the buying pressure.
? Welcome to TradeCityPro Channel! Let’s dive into the first day of the week where we’ve seen red candles and minor corrections. This is a good time to review our coins and prepare our triggers. ? Market Overview Before analyzing CFX, let’s take a quick look at Bitcoin. It faced a strong rejection at 100,400 and printed a significant red candle. But what should we do in such cases? For now, nothing. The trend remains bullish, and Bitcoin dominance is also correcting. If Bitcoin’s dominance continues to drop and forms a lower high on the daily timeframe while the market remains bullish, keep an eye on the charts for potential altcoin entries. This scenario could signal the start of a bull run. https://www.tradingview.com/x/Dq0ZS0s8/ ? Weekly Time Frame CFX stands out as an older coin with prior bull-run experience. It’s trading above last year’s lows and hasn’t experienced steep declines. Yesterday, we analyzed this coin briefly, but today, we’ll go into more detail. Unlike most altcoins that began their bullish moves from their lowest levels, CFX has already started its upward trajectory from 0.1219. Fibonacci analysis shows that 0.1219 aligns with the 50% retracement level—a significant support both in Fibonacci terms and Dow Theory. After forming a range around this level and breaking the 0.1810 trigger, the coin moved toward its first target at 0.2596. For further targets, use Fibonacci extensions from the same 0.5 range. Once 0.5171 is broken, potential targets include 0.7385, 1.21, and 2.26. If you entered at 0.181, holding your position is advised. For re-entry, consider buying after the 0.2596 breakout with a stop-loss at 0.1219. RSI confirmation above 76.18 would also validate the entry. ? Daily Time Frame On the daily chart, CFX was in a ranging box, forming higher lows. A breakout above 0.1851 was accompanied by a strong entry candle with buyer momentum, an RSI entry signal, and volume confirmation. Stop-loss was set at the daily low of 0.14. If you followed this trigger, you’re likely in profit despite the current red daily candle. This correction is healthy, as an uptrend without pullbacks or red candles is often unsustainable. For re-entry, consider buying after the 0.2596 breakout with a stop-loss at 0.14. Alternatively, a pullback to 0.1851 with confirmation from a bullish candle could also provide a good entry point. https://www.tradingview.com/x/nMowvAcX/ ? 4-Hour Time Frame Let’s discuss how you could have entered positions earlier. After the 0.1905 breakout, a bullish engulfing candle (covering the prior two candles) marked the entry trigger. The stop-loss was set below the previous low, ensuring a secure long position with a good risk-reward ratio. But would you really use a 14% stop-loss in futures trading? Yes, in volatile conditions like this, a larger stop-loss ensures safety and increases win rates. It’s better to risk 1% with higher win rates than repeatedly hit small stop-losses, which could harm your trading psychology. https://www.tradingview.com/x/8cs841k5/ ? Long Position Trigger wait for the 0.2596 breakout or RSI returning to its range, coupled with momentum confirmation in lower timeframes. In bullish markets, an RSI recovery from oversold levels and breaking above 30 can also serve as an early long trigger. ? Short Position Trigger For shorts, I still advise against them. For example, shorting the 0.2412 breakdown with a stop-loss at 0.2596 would’ve only offered a 1:1 risk-reward ratio, going against the primary trend. https://www.tradingview.com/x/N85F6agj/ ? BTC Pair Insight Against Bitcoin, CFX has held its 0.00000164 support and found strength. After breaking the 0.00000294 trigger, the coin is expected to deliver its main moves in the USDT pair. If the market remains bullish, CFX could showcase significant upward momentum. https://www.tradingview.com/x/X8vcSGgx/ ? Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
OVERVIEW The analysis of AUDUSD combines multi-timeframe technical insights, oscillator, and moving average indicators. This report serves to aid both strategic and tactical decision-making by position, swing, and day traders. Multi-Timeframe Price Analysis: Position (Wealth) Traders: Range: Pivot Low @ 0.55086 to Pivot High @ 1.10805 Trend: Long-term uptrend Treatment: Quarternary; used to align with long-term investment goals. Long-Term Swing Traders: Range: Pivot Low @ 0.55086 to Pivot High @ 0.95052 Trend: Long-term uptrend Treatment: Tertiary; aligns with monthly chart trends and broader market sentiment. Swing Traders: Range: Pivot Low @ 0.61702 to Pivot High @ 0.80072 Trend: Early stages of an uptrend Key Levels: TP4 @ 0.7639 TP1 @ 0.6776 BLO1 @ 0.6457 BLO2 @ 0.6262 Treatment: Primary; expected to host the most significant price action. Day Traders: Range: Pivot Low @ 0.61702 to Pivot High @ 0.71578 Trend: Beginning of the uptrend Treatment: Secondary; used for daily volatility trades. RECOMMENDATIONS: Strategic Trading: Position traders should monitor the 0.90000–1.10000 range for long-term buy opportunities, but ONLY if they are aligned with economic fundamentals. Long-term swing traders can set buy limits around 0.65000 and aim for TP before Resistance around 0.80000. Tactical Trading: Swing traders should prioritize 0.6457 (BLO1) and 0.6776 (TP1) for buy orders, taking advantage of primary range volatility. Day traders can exploit intraday support at 0.6262 and resistance around 0.71578.
The big W spike could have been an important top for BTC. In times we have topping patterns we usually see the retracement levels hold 76/86 and then reject. When this happens we often seen wave 1 of the reversal in the obvious break. Wave 2 is the "Return to normal" bull trap (76 correction). When these are in place and waves 3 and 5 come, these tend to extend 2.61 of wave 2. Forecast for wave 5 low would be around 75K.
https://www.tradingview.com/x/Mhfn5S3F/ hello i think, 21y repeat. big and fast correct and then go to the final point. 130-140k.