Since the beginning of the week, I have been writing that although the overall trend remains bullish, Gold is due for a correction. Indeed, after a blow-off top to a new all-time high of 2943, the price started to decline and reached the confluence support zone at 2885. At the time of writing, the price has returned to this support level, and there is a high probability of a break below this level, leading to a continuation of the correction. In such a scenario, traders could anticipate a test of the 2840 support zone. My strategy is to look for selling opportunities on rallies above 2900. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Ok Madness = NOT AS MAD AS IT LOOKS! 1. Firstly Fib Parallel Channel (Tool = Fib Channel) ------------------------------------------------------ a) Draw line from Red 1 to red 2 (connecting bottom of channel) b) Same time pull to the previous high (red 3) THAT'S THE CHANNEL! 2. Speed Reistsnce Fsn ------------------------------------------------------ 1 red to the highest high (Of recent I've realized that yhid can be used all the time not only macro!) Here -> see comment ----------------------------------------------------- 2.168 fib Usually best with Eliott Waves (BUY A BOOK - JARROD SANDERS ELLIOTT..) SO HIGH LOW -> HIGHER LOW .. -- USE FIBS Defaults (then then when defaults run out continue with whole numbers, i.e. 0.618 will become 1.618). DONT WORRY ABOUT POC and volume for now -> These arent free. Get familiar with Fibs -> they are awesome! Patience trading -> Patience learning -> you can do it! :)
? ? Stock: GOSS (NASDAQ) ? Timeframe: 30-Min Chart ? Setup Type: Ascending Triangle Breakout ? Trade Plan: ✅ Entry Zone: $1.22 - $1.25 (Breakout Confirmation) ✅ Stop-Loss (SL): $1.17 (Below Key Support) ? Take Profit Targets: ? TP1: $1.34 (First Resistance) ? TP2: $1.44 (Extended Target) ? Risk-Reward Ratio Calculation: ? Risk (Stop-Loss Distance): $1.24 - $1.17 = $0.07 ? Reward to TP1: $1.34 - $1.24 = $0.10 ? Risk-Reward Ratio to TP1: 1:1.42 ? Reward to TP2: $1.44 - $1.24 = $0.20 ? Risk-Reward Ratio to TP2: 1:2.85 ? Technical Analysis & Strategy: ? Breakout Confirmation: Price breaking the ascending triangle with momentum. ? Pattern Formation: Ascending Triangle Breakout, signaling bullish continuation. ? Key Support & Resistance Levels: ? $1.17 (Support / SL Level) ? $1.22 - $1.25 (Breakout Zone) ? $1.34 (First Profit Target / Resistance) ? $1.44 (Final Target for Momentum Extension) ? Momentum Shift Expected: If the price sustains above $1.25, we could see a rally towards $1.34 and beyond. ? Trade Execution & Risk Management: ? Volume Confirmation: Ensure strong buying volume above $1.25 before entering. ? Trailing Stop Strategy: If the price reaches TP1 ($1.34), move SL to $1.25 to protect profits. ? Partial Profit Booking Strategy: ✔ Take 50% at $1.34, let the rest run to $1.44. ✔ Adjust Stop-Loss to Break-even ($1.25) after TP1 is hit. ⚠️ Fake Breakout Risk: If price fails to hold above $1.22, be cautious and avoid entering early. ? Final Thoughts: ✔ Bullish Setup – If price sustains above $1.25, a strong move is expected. ✔ Momentum Shift Possible – Watch for volume increase to confirm the trend. ✔ Favorable Risk-Reward Ratio – 1:1.42 to TP1, 1:2.85 to TP2. ? Stick to the plan, manage risk, and trade smart! ??
Pure price action trading GJ on buy side after choch on h1 detected with failure swing forming 200+ pips on the go
Nifty has fallen by around 13 % and still more correction is possible, if breaks the lower support 0f 22800, it can take the 21500 as support which was its resistance earlier. Reaching a 21,500 is more probable.
Bullish Thesis : Tesla is looking incredibly bullish for 2025! ? Strong EV demand keeps growing, and Tesla remains the market leader. FSD & AI breakthroughs could unlock massive revenue through robotaxis. The energy business is expanding fast with solar and battery storage. A new affordable Tesla model is set to drive major market share growth. Cybertruck production is ramping up with strong demand. Manufacturing efficiency is improving at Giga Texas, Berlin, and Shanghai. Optimus, Tesla’s humanoid robot, could tap into a trillion-dollar market. Government incentives and energy credits continue to support Tesla’s growth. Advancements in 4680 battery tech improve efficiency and cut costs. Global expansion into markets like India is fueling further growth. The Supercharger network is opening to other automakers, creating new revenue streams. The Dojo supercomputer and Tesla AI innovations could redefine multiple industries. Stock buybacks may boost investor confidence, and Tesla’s strong balance sheet ensures continued innovation. With all this momentum, 2025 could be a huge year for Tesla! Bearish Thesis: EV competition is heating up, with legacy automakers and Chinese brands like BYD gaining market share. FSD and robotaxi ambitions face regulatory hurdles that could delay adoption. Margins are under pressure due to price cuts and rising production costs. The global economy and high interest rates could slow down EV demand. Tesla’s reliance on Elon Musk’s leadership is a risk, especially with his focus on multiple ventures. Cybertruck production challenges and potential delays could hurt expectations. Scaling 4680 battery cell production remains a hurdle. China, one of Tesla’s biggest markets, poses geopolitical risks and increasing competition. The energy business, while growing, still lags behind vehicle sales in profitability. Stock dilution from employee compensation plans or capital raises could impact share value. If Tesla fails to meet its aggressive AI, FSD, and Optimus robot timelines, investor sentiment could turn negative. With these risks in play, Tesla's 2025 outlook isn’t without challenges. ⚠️
Look for buying if it shows bullish reversal patterns on weekly frame in the range zone.
? XAU/USD - 15M Analysis & Prediction ? Bullish Reversal Zones Identified Price is approaching key demand zones after a strong move down. Potential liquidity grabs and bullish reactions expected. ? Bullish Scenario: 1️⃣ 2880-2882 – First demand zone, potential reversal area. 2️⃣ 2853-2857 – Deeper liquidity zone, strong buying interest possible. 3️⃣ 2828-2830 – Strongest support, high probability reversal. ? Trading Plan: ✅ Watch for bullish confirmations near demand zones for long entries. ✅ A bounce from 2880-2882 could indicate early upside momentum. ? Bulls need to reclaim 2900+ for further upside continuation. #FXFOREVER #XAUUSD #GoldAnalysis #SmartMoney #ForexTrading #PriceAction
https://www.tradingview.com/x/GX1SOALI/ GBPNZD is likely to keep rising after a retest of a recently broken horizontal key level. I will expect an up movement to 2.2 level. ❤️Please, support my work with like, thank you!❤️
The Daily chart is Bearish on our Indicators, as Inflation is likely to come out higher on Tariffs etc. We think the price could drop to the $75,000.00 or so area...