Technical Analysis Adyen's stock is forming a symmetrical triangle, indicating a potential breakout. The recent price surge confirmed the pattern's breakout, but a correction toward the 0.618 Fibonacci level (1457.2 EUR) is possible, acting as a key buying zone. Key Levels: Resistance: 1720.8 EUR (0.5 Fibonacci), 2311 EUR (0.236 Fibonacci) Support: 1457.2 EUR (0.618 Fibonacci), 1081.8 EUR (0.786 Fibonacci) Target: 2838 EUR Indicators suggest a potential continuation of the uptrend: MACD is signaling bullish momentum Stochastic indicates a possible correction before further upside Fundamental Analysis Adyen is a leading player in the payment technology sector, serving major companies like Uber, Spotify, and Microsoft. Key Factors Impacting the Stock: Financial Performance: Recent earnings reports showed revenue growth driven by increased payment volumes. Macroeconomics: Lower inflation and potential interest rate cuts could benefit the tech sector. Competition: Pressure from PayPal and Stripe remains a key risk. Adyen maintains bullish potential following the triangle breakout. The 1457-1500 EUR zone is crucial for trend confirmation, with a possible long-term target at 2838 EUR. However, a short-term correction remains possible. If you liked this post, drop a ? More insights on our Telegram channel—link in bio!
Hello everyone * Expanding flat is being formed currently. * The impulsive wave (1AW) shows the beginning of an uptrend. * The correction is incomplete until wave C is formed (shown with white line) * MACD divergence Entry: CMP STOP LOSS: 0.62093 TAKE PROFIT: 0.64380 Trade with care. Note: Focus on losing 1% on a trade only or split it into two trades (0.50% risk on each). i.e. If the first trade is a loss, enter with another one when your strategy gives you a chance to do so.
I predict BNB is about to make a historic surge, blowing past expectations and reaching $900+ very soon! ?? Who's with me on this? #BNB #Crypto #Bullish ?
A trigger line has been broken, and we have a bullish iCH on the chart. A support zone has formed, and there is some liquidity pool above the chart. The conditions are set for a bullish move toward the supply zone. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
? Overview This 1-hour chart of Silver (XAG/USD) presents a textbook Rising Wedge pattern, which is known as a bearish reversal signal. The price was in a strong uptrend but started showing signs of buyer exhaustion, leading to a breakdown from the wedge formation. The chart clearly identifies: ✅ A Rising Wedge formation ✅ Resistance Level where price faced multiple rejections ✅ Breakdown Confirmation and shift in trend direction ✅ Projected Target & Stop Loss Zones This setup suggests a strong potential for further downside movement in silver prices. Now, let’s break it down step by step like a professional trader. ? Key Technical Analysis Breakdown 1️⃣ Rising Wedge Pattern – The Bearish Setup The Rising Wedge is a bearish reversal pattern that forms when price action moves higher within two converging trendlines. The slope of the lower trendline is steeper than the upper trendline, meaning that buyers are getting weaker. This pattern suggests that even though the price is rising, bullish momentum is fading. Once the price breaks below the wedge, it confirms a bearish trend. ? Characteristics of this Wedge: ? Multiple Higher Highs & Higher Lows – But with decreasing strength ? Narrowing Price Action – Indicates weaker buying power ? Breakdown Below Support Line – Confirms the bearish move 2️⃣ Resistance Level – Key Price Rejection Zone The price tested the Resistance Level multiple times before breaking down. This area is where sellers overpowered buyers, preventing further upside movement. The resistance zone was a liquidity area, meaning large institutional traders likely placed sell orders here. The price attempted to push higher but failed, showing that demand was exhausted. Once rejection happened, selling pressure increased, and the breakdown followed. 3️⃣ Breakdown Confirmation – Bearish Momentum Kicks In After the wedge broke down, the price started moving in a structured downtrend, forming lower highs and lower lows. This confirms that the breakdown was valid and that the trend has shifted. ? Signs of Breakdown Strength: ✅ Strong Bearish Candles – Indicating aggressive selling ✅ No Immediate Recovery – Suggests sellers are in control ✅ Lower Highs Forming – Bearish trend structure confirmed 4️⃣ Risk Management – Stop Loss & Target Zones A well-planned trade must include a Stop Loss and a Target to manage risk effectively. ? Stop Loss Placement (33.95) Placing a Stop Loss just above the resistance level protects against false breakouts. If the price goes back above 33.95, it would invalidate the bearish setup. ? Profit Target (31.96) The target is based on the measured move projection, meaning the expected price drop is equal to the height of the wedge at its widest point. If the price reaches 31.96, traders can lock in profits. ? Risk-Reward Ratio (RRR) The setup offers a favorable risk-to-reward ratio, making it a high-probability trade. 5️⃣ Expected Price Movement – Bearish Outlook From here, we can expect the following price movement: ? Scenario 1: Continuation of Downtrend (High Probability) The price will likely form lower highs and lower lows on its way to 31.96. Each small rally should be met with selling pressure. ? Scenario 2: False Breakdown (Low Probability but Possible) If the price moves back above 33.95, the wedge breakdown will be invalid. This could lead to a bullish reversal instead. 6️⃣ Final Thoughts – How to Trade This Setup? This Rising Wedge Breakdown provides an excellent short-selling opportunity. Here’s how a professional trader would approach it: ✅ ? Entry Strategy: Short after a retest of the broken wedge support Confirmation of lower highs ensures trend continuation ✅ ? Risk Management: Place Stop Loss above 33.95 Take profits around 31.96 ✅ ? Confirmation Signals to Watch: Lower highs forming after breakdown Increased selling volume on bearish candles Price respecting the downtrend structure ? Conclusion – Bearish Bias Confirmed ? Trend Shift: The breakdown signals a potential trend reversal in silver. ? Bearish Targets: The price is expected to fall toward 31.96 in the coming sessions. ? High-Probability Trade: Strong technical reasons support a bearish outlook. ? Watch for further confirmations and manage risk effectively! ??
US30 is currently in an uptrend, with price action respecting a well-defined ascending channel. We anticipate another bounce from channel support. In Wave 2, price was rejected at the 38.2% Fibonacci retracement level, and we expect a similar reaction for Wave 4. Our strategy is to wait for price to enter the buy zone, between the 38.2% and 50% Fibonacci retracement levels, and look for bullish reversal signals before entering a position. Potential Bullish Reversal Signals: Trendline break Break of structure (BOS) Other confirmation patterns Trade Plan: - Monitor price movement into the buy zone, aligning with channel support. - Enter long positions upon confirmation of bullish price action, placing stop-loss below the established low formed after bullish confirmation. Target levels: 45,000 and 48,500, with the remainder held for a potential extended swing trade. Goodluck and as always, trade safe!
It's the whole cycle waves of BTC from the beginning to present time. According to the cycle, BTC is in the second wave of third cycle. So I think this price is the cheapest that can invest for hold.
Eliiot Wave Update Firstly, I'm bias that I believe were in Wave 4. Depicted wave count 1 2 3 4 5 in orange may very well be as it is, in that the last low is 5. My bias comes in because from what I've read, 5th wave usually 1.27 fib extension drawn from 1 to 1 to 2. As can be seen, 1.272 is at 0.0000336. The green paralellel channel from the high to the next higher high. As can be seen with circle support, we found a good reaction to the upside. Short/medium term looking at the Anchored VWAP (White) and channel top as resistance. Currently 1.0 a strong support as well as resistance. My biase based wave theory means that were currently in the 4th wave to the upside, so looking at resitance EXACTLY at the anchored VWAP (white), breaking that to the upside targets of the short fibs drawn to the right that arent extended all the way to the right. Meaning, resistance being,0.382, 0.5, and 0.618. If that is the end of Wave 4. The price would then see a retracemment to Wave 5, to 1.272. Non bias view where Wave 5 has been hit already. Were in a corrective ABC pattern. (This is the part I'm not so sure about). Then Were in A(1) here no one knows how deep that is but it's good that were going up because A = up B = down and C = up (c or 3 being the longest waves. If were in the corrective phase, currently were in Wave A (1). Technically nothing changes. I think. Wait to see how It plays out. Overall, currently I would NOT be bearish, looking at the next resistance first!Which is (either Wave 4 or correction) 0.236 price 0.000095
Days ago, I posted that 1120 will come lower, and still it didn't since it kept consolidating in the LQ we have at 102.2-100.2, we'd expect the price to come at 96.0 for a LQ Grab before continuing going higher. Meanwhile my clients and I are holding on 3 stocks which I will share to the public as soon as the market goes a bit higher. Follow for more!
After that TASI has taken the liquidity at 11,553, it just gave us an indication that it will start going bullish, no clean entry for now, but we'll keep waiting. Meanwhile, my clients and I have taken other trades on 3 other stocks that are still in a safe zone, waiting for them to go higher so I can share them to the public. As soon as I catch the entry and share it to my clients, I will share it to the public. If you really care about taking clean entries, you must wait for the confirmation of the up movement then you can have a safe entry. Follow for more!