EUR/NZD 15M - As you can see price is trading down and into a FVG I have marked out, this is after we have seen price trade down and into a higher timeframe Demand Zone. We are also seeing price accumulate from this higher timeframe Demand Zone. In order for me to look to buy into this market now I want to see rejection to the upside, giving us the confluence to buy. This as we know would help confirm the turn around in price as we should start to see higher highs and higher lows forming, this would be our newest protected low within this new bullish structure. For those who want to be pre-emptive you could look to place a long now, just be aware that doing that holds more risk as we are yet to have confirmation of a new trend to the upside, this will come from the BOS to the upside that we would want to see on the 15M.
As I expected in the previous post , Gold ( OANDA:XAUUSD ) started to decline from the Potential Reversal Zone(PRZ) and with good momentum . Gold is moving near the Resistance zone($2,916-$2,905) and the 100_SMA(1-hour) . 100_SMA(1-hour) was an important support for Gold so that every time Gold hit this moving average, it started to increase. Also, Gold's movements seem to be corrective since the market opened . According to the theory of Elliott waves , it seems that Gold is in Corrective Waves , and according to Gold's falling momentum , it is possible that Gold will have a Zigzag Correction(ABC/5-3-5) in front of it. In addition, if you look at the Gold chart in the 4-hour or Daily time frame , you will notice that there is a possibility of Adam & Adam Double Top Pattern(AADT) . I expect Gold to attack at least the Support zone($2,890-$2,879) in the coming hours, and if this zone breaks , we should wait for Gold to drop to at least $2,865 . Note: If Gold can go above 100_SMA(1-hour) again, or rather, if Gold touches $2,920, we should expect more pumps. Be sure to follow the updated ideas. Gold Analyze ( XAUUSD ), 1-hour time frame. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
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Combining the four-hour gold price trend chart below, we can see that the gold price is still in a high box and fluctuating normally. The price is still moving in the SMA20-SMA50 range, relying on the support of SMA50 below, and intends to continue moving upward. https://www.tradingview.com/x/lIn2wcmQ/ Combined with the one-hour trend chart below, the gold price is above the lifeline of SMA200, and the price is above SMA20, in normal operation https://www.tradingview.com/x/uZ77LM4a/ Combined with the thirty-minute trend chart. In the short term, SMA20 and SMA50 are about to form a cross, which will promote further strengthening of gold prices. https://www.tradingview.com/x/rIAYwONl/ Comprehensively evaluated, the general trend is upward, relying on the support of the news, the short-term trend is still in a strong upward stage. It is necessary to observe that if the position of 2906-2913 is effectively broken, the upper 2920-2942 will be touched again. If there is no news that is bearish for gold prices, the rise will proceed slowly. On the contrary, when the factors that are favorable to the rise of gold prices are announced, the gold price will rise rapidly to the first-line position. Therefore, the short and medium term are mainly based on long gold prices. It is better to miss the short-selling opportunity than to take the risk of shorting the gold price and gain profits that do not belong to you. Friendly reminder: Because the US stock market is closed today, the impact on the gold price will be reduced after the New York market opens. COMEX:GC1! COMEX_MINI:MGC1! TVC:GOLD OANDA:XAUUSD ???????Remember to like and follow after reading. Prevent missing the next accurate analysis and guidance. If you have any questions, please leave me a message at any time. I will reply to your questions in time when I see them.???????
Looking at the current technical right now, we can see that MARKETSCOM:SILVER bulls are trying to find strong grounds to lift themselves and travel back to the current all-time high. However, certain boxes have to be ticked first, before we can get a bit more comfortable with further action to the upside. TVC:SILVER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
daily demand zone range 1.8215-1.8160. sl below the demand zone i.e. 1.8140, target: 1.8395. trend is bullish but price is too expensive for buying so use low risk in trading. last weekly candle is bullish i.e. closing is above the previous week low.
AMEX:PSIL ETF Looking for a breakout above 16.20. If this thing can pullback and hold $12ish, the psychedelic sector looks ready for a multi year break out with a target of $20+ Golden zone between 25-29 = TP2/3 Below 12 invalidates short term.
Hi everyone! BNX is on uptrend and is the perfect moment to buy with price target 1.23. Shorting this coin would be a massive mistake as smarts money plan is to sweep the shorts!! Chart looks bearish but don't fall in to their trap! If you open a long position make sure you are covered for at least 25% drop. Avoid the high leverage! Remember profit is greater that loss. We are not day traders. just profitable traders! Our job is to identify the trend. Trade safe
The loonie has been kicking down the kiwi since Oct last year but they are putting a fight trying to recover some losses. We saw a false breakout on the TL strongly rejected by the loonie. Now (21:03 AEST) there is a "triple" confluence between the TL, the SMA(50) and the daily PP. This pair will be a bit trick to trade. Although the technical side follows some "logic"(as if FX has logic) during this week we have some strong Fundamentals. On 18th we have the BoC CPI(YoY); on the 19th we have the RBNZ Interest Rates(and the market is expecting a cut), so those one can crack all the technical "logic" so be careful.
Hi guys we are going to take a look into Paramount and see if we can extract some potential from this stock! Fundamentals&Technicals below - As of February 15, 2025, Paramount Global's Class B stock (ticker: PARA) is trading at $11.30 per share, reflecting a 4.5% increase from the previous close. This marks the fourth consecutive day of gains, though the stock remains 22.3% below its 52-week high of $14.54 achieved on May 3, 2024. In the third quarter of 2024, Paramount reported net income of $1 million, a significant decline from $295 million in the same period the previous year. Earnings per share reached breakeven, missing analyst expectations of 24 cents. Total revenue decreased to $6.731 billion from $7.133 billion, influenced by a 6% drop in TV media revenue and a 34% decline in filmed entertainment revenue.Despite these challenges, the company's streaming segment showed resilience. Paramount+ added 3.5 million subscribers in the third quarter, bringing the total to 72 million. The streaming service reported an adjusted operating income of $49 million, defying analysts' predictions of a $160.1 million loss. In 2024, Paramount undertook significant restructuring efforts, including a $6 billion write-down of its cable-TV business and the elimination of approximately 2,000 jobs, representing about 15% of its U.S. workforce. These measures aim to achieve $500 million in cost savings and address challenges in the traditional TV sector. Looking ahead, Paramount is set to merge with Skydance Media, with the merger expected to complete in early 2025. This strategic move is anticipated to inject significant capital into Paramount, aiding in debt reduction and enabling investments in new content and technologies. Entry: on market open Target: 17.00 just below the weak resistance. SL: 7.50 P.S. We are sitting on a very key support area which has been overviewd long term which is around the 9.00 and 11.00 area, so this gives us additional confidence in the stock increasing.Hopefully the positive earnings report will have another beat in EPS, and would yield great value.