good day traders, I've decided to share my First analysis on futures and these are the possible buying areas I see, between the dynamic trendline or the major low. It's best to wait for a bullish confirmation between these two areas before entering to increase your probability of winning, don't forget proper risk management
1. Market Structure: Currently transitioning to bullish with a CHoCH indicating a potential reversal from the bearish trend. 2. Key Zones: Demand Zone: $2,620–$2,630 (strong low, institutional buying zone). Supply Zone: $2,650–$2,660 (weak high, potential liquidity grab area). 3. Trade Ideas: Long: Enter near $2,620–$2,630 if price confirms bullish momentum (e.g., BOS up). Short: Look for rejection at $2,650–$2,660 if bearish signs appear.
Chz Finally Preparing For Massive Run Towards Upside In Midterm On Verge Of Multi Year Consolidation (Descending Channel Breakout) Expecting 400% Bullish Wave Incoming Weeks After Successful Breakout
AMD - Stock about to break $143 resistance level. watching here for breakout. Above $143 we can see $147 and $150. Stock is gaining strength on indicators. Stock formed double bottom pattern on $133 level. looking for a bounce here.
On daily looks primed to go for Upper weekly channel
GBPCHF had been trading in a consolidation for two weeks before a significant news release caused the pair to become bullish. The price successfully broke through a resistance level on a 4-hour chart, indicating a potential bullish movement ahead. The target levels to watch for are 1.1260 and 1.1287.
QQQ - ETF broke all time highs today but closed below $515.3 resistance. Looking for calls if that level breaks again. Stock has flat top at this level. Price target of $520 and $530. Stock is strong on indicators.
It should have a correction to the range of 0.555, both due to the correction after breaking the daily trend line, and because of the support from the Tether market, as well as reaching the dynamic resistance.
The bearish trend likely to continue after the test of a significant hourly resistance. Price likely headed towards the next 15 min inverse or even lower to test the hourly base of the range. ONLY TIME WILL TELL
Price previously bounced off support level area 150 , if the support level shown on the chart can hold, I'm expecting price to resume the bullish trend and test 151.70 area.