Here is why we want to trade this trade: 1) The low of last weekend is at 38050 2) There is a harmonic pattern with its stop loss at this level (patterns turn here also) 3) There is a lot of divergence now 4) Strong support at the 38000 level This pair moves really fast so a 200 pip stop loss is imperative.
✅ NVDA is currently at a key support zone at 134, signaling a potential upward move. The price is expected to rise toward the key resistance at 137.10. LONG ? ✅ Like and subscribe to never miss a new analysis! ✅
On Friday, the IWM broke through a multi year support line (beige) and closed below a multi year parallel channel. Thankfully, it found support at its 200 day MA. If the IWM cannot recapture the inside of the parallel channel this week and confirms a close below the 200 day MA - watch out below. This should be on every one’s watch list this week because where the small caps go - every other risk asset will follow!!!
After analyzing multiple timeframes, we can see that the price managed to rise to 150.738 on Friday, 21st of February. However, after encountering resistance, it reversed and broke the support level at 149.568. Additionally, the price has been trading within a channel since Monday, 23rd of December 2024, consistently respecting the lower boundary of the channel four times in the past. The previous support at 149.568 has now turned into a resistance level. Given the price’s historical respect for the channel, we expect it to follow the same pattern. If the price breaks above the fresh resistance at 149.568, the next target will be 152.000. On the other hand, if the price fails to break this resistance, the next support level lies at 147.208. For the long run, ensure you follow proper risk management strategies. Happy trading!
Hi ?? check out my previous analysis ⏰ on SP:SPX macro bullish analysis ⏰ As provided it went up up ? completed my target's ? ??? ✅ ✔️ https://www.tradingview.com/chart/SPX/twU6Pcfi-SPX-macro-analysis/ Click on it ?? just check out each and every time updates ☝? ☺️ ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• NOW I was completely ? BEARISH on the market with in upcoming months SP:SPX ? Expecting liquidation pump $6500 - $6700 Invalid ? when complete month close above $6700 ¹support - $5500 ( ? ¹ ) ²support - $5130 ( ? ² ) ? 3 ... Will be updated based on market conditions by that time ☺️ ? A wise ? man said - always having patience " is " always gaining only /- NASDAQ:TSLA ( i accumulate slowly until it cross above $400 ) rest of stocks i will follow index ☝? i will invest based on market conditions ..... ✔️
Bitcoin Outlook for the Year The main support level is at 93,368. As long as we hold above it, two main upside targets remain open: 126,500 and 195,241. However, if we break below this supp and retest it from below, there is a high probability that the path to 57,000–60,000 will open. That’s it. You don’t need any other indicators to make money in crypto)
#SUNCON 24.2.2025 ep - 4.45 sl - 4.00 (10.11%) tp - 4.98 (11.91%) RRR - 1.18X
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
Whale MFI shows an AD showing an ascending triangle to 2960. Gold will look to breakout to 3200 and likely peak. Buyers from 1600 will look to exit.. will breakdown analysis further. 4hr ascending whale mfi index/AD will continue to daily time frame.. however smart money exit due to liquidity and fomo, from bitcoin drop.. charts will follow. Not financial advice or trading advice. Just sharing my analysis. Thanks for viewing
EUR/JPY is teetering above known support, but with momentum favouring the bears, there’s no need to rush into longs. If the pair continues find buyers on dips below 156.21, a long trade could be considered above the level with a stop beneath for protection. 158 looms as an initial target, with 159 and 161 other levels to watch. The preference is to wait for a bottoming signal before entering, similar to the morning star patterns seen in December and early February. RSI (14) and MACD remain firmly bearish, reinforcing the need for patience given the setup is counter to momentum. A convincing break below 156.21 would invalidate the setup, opening the door for shorts targeting a retest of 154.41. Good luck! DS