BTC price projection in 4H chart. There is an absence of strength in the price and encapsulation between the moving average of 55 and 10 periods, therefore it is projected, with higher probability, bullish entry from 97,620 USDT and exits of approximately 100,694 USDT
Short Term Elliott Wave View in EURGBP suggests rally to 0.8473 ended wave (2). Pair has resumed lower in wave (3) with internal subdivision as a 5 waves impulse. Down from wave (2), wave ((i)) ended at 0.8428 and wave ((ii)) ended at 0.8463. Pair then nested lower in wave ((iii)). Down from wave ((ii)), wave (i) ended at 0.8422 and wave (ii) ended at 0.8462. Wave (iii) lower ended at 0.8388 and wave (iv) ended at 0.842. Final leg wave (v) ended at 0.8356 which completed wave ((iii)). Rally in wave ((iv)) ended at 0.839. Pair then resumed lower in wave ((v)). Down from wave ((iv)), wave (i) ended at 0.8352 and wave (ii) ended at 0.837. Wave (iii) ended at 0.8299 and wave (iv) ended at 0.8345. Final leg wave (v) ended at 0.8288 which completed wave ((v)) of 1 in higher degree. Pair corrected higher in wave 2 with internal subdivision of a zigzag Elliott Wave structure. Up from wave 1, wave ((a)) ended at 0.8335 and wave ((b)) ended at 0.8311. Wave ((c)) higher ended at 0.8378 which completed wave 2. Pair turned lower in wave 3. Down from wave 2, wave ((i)) ended at 0.8306. Expect wave ((ii)) rally to fail in 3, 7, 11 swing against 0.8378 and more importantly below 0.8472 for further downside.
SAXO:EURUSD As of February 11, 2025, the EUR/USD pair is trading near the 1.0295 level, reflecting ongoing market reactions to recent geopolitical developments and economic data. Technical Overview: Current Price: Approximately 1.0295 Resistance Levels: 1.0350, 1.0400 Support Levels: 1.0250, 1.0200 Technical Indicators: Relative Strength Index (RSI): Approaching oversold territory, suggesting potential for a corrective rebound. Moving Averages: The pair is trading below both the 50-day and 200-day moving averages, indicating a bearish trend. Trade Recommendation: Given the current technical indicators and market conditions, initiating a buy position could be considered if the price shows signs of stabilizing above the 1.0250 support level. Entry Point: Buy at 1.0310 Take Profit (TP): 1.0400 Stop Loss (SL): 1.0250 Risk Management: This trade setup offers a 1.5:1 reward-to-risk ratio. Ensure that your position size aligns with your risk tolerance and overall trading strategy. Given the current volatility, it's crucial to employ strict risk management practices. Conclusion: The EUR/USD pair is currently under bearish pressure, but technical indicators suggest a potential for a corrective rebound. Traders should monitor price action closely and manage risk appropriately. Disclaimer: Trading forex carries a high level of risk and may not be suitable for all investors. Ensure you fully understand the risks involved and seek independent advice if necessary.
BTC price projection in 1D chart. A compression zone is observed, looking for bullish entries from the low area of BTC approximately 97,000 USDT and exits approximately 102,000 USDT
Currently, the price is hovering around 23,376.05, meaning it's near a minor resistance. If it breaks above 23,440, it could test 23,514 - 23,544. On the downside, breaking 23,274 may lead to further declines toward 23,194. Support Levels (Green Zones) 23,274.80 – First minor support. 23,194.90 - 23,185.10 – Another key support level. 23,106.25 - 23,057.60 – Strong support zone. Resistance Levels (Red Zones) 23,440.05 - 23,466.40 – Immediate resistance. 23,520 - 23,544.50 – Strong resistance level. ? "If you found this helpful, please like and share! ? Your support means a lot!"
Slightly gap up opening expected in banknifty near 50000 level. After opening if banknifty starts trading and sustain above 50050 level then expected upside rally upto the 50450 level in opening session. Downside movement possible if banknifty not sustain above level and starts trading below 49950. This downside can goes upto the 49550 level in today's session.
PEPPERSTONE:HK50 HSI:HSI Hello everyone how was your trade since last update? HSI turned bullish as forecasted from chart during my holidays! Did you managed to gain some pocket money? I did with intermittent networks. Let's review the Index action from wider tf; for the upcoming bull run. 1W Chart https://www.tradingview.com/x/iytPxvSW/ For the week of 3 Feb 2025 the Index clocked a 1000pts +~5% gain. with this the W Chart had confirmed that the MACD formed GoldenCross with dark green histogram(with high volume) 19780 turned strong support level from resistance. 22760 the next resistance level to achieve and break the last Sept 2024 High. Cross-checked with broader tf chart - D chart. D chart on 27Jan2025 https://www.tradingview.com/x/SUiKwNlr/ D chart today 11Feb2025 MACD break above zero level on 28Jan2025; confirming the Index turning bullish. The bullish continues since then till today! KDJ is now at bullish zone but overbought. MACD are still below zero level but seems arching and inching to break zero level to give confirmation of bullish. Look at the 4H chart https://www.tradingview.com/x/bH5AyNKS/ There was a Golden cross formed on 3Feb2025 & 7Feb2025 (of course during these 4 days there was a slight adjustment on 5Feb2025 which probably the ? flush retailers out). MACD - still on the bullish zone but with reduced volume with light green histogram. KDJ - Bullish zone with overbought zone above 80 level/ BB - Ranging at upper BB channel and continue to arching up. Look at the 1H chart. https://www.tradingview.com/x/RDytRu6B/ MACD is curving down (within bullish zone above zero level) KDJ is in the bearish red zone almost entering oversold level of 20; wait for bullish reversal. BB : crossed below middle line entering lower BB 21270 - 21470 Lower BB : 21265 (support level) For day trade: Same strategy, sell at resistance; buy/TP at support. Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. Set your tf, have your entry and exit plan! Get in the Golden cross and ride on the wave. Support : 21250 ( next support level 21090) Resistance : 21700 (if breaks then to retest the next resistance at 21955) It needs to be stay above 21540 to bbreak the next resistance. https://www.tradingview.com/news/te_news:447397:0-hong-kong-shares-end-3-day-winning-streak/ People sell on news. Here needs a healthy pullback, and markets continue its cycle. As a consistent and prudent traders, we should be Greedy when markets are fear. It is easier to say than doing it. Let's monitor the movement of the index and act accordingly and do not anticipate until we see confirmation from markets. Again, sticktoyourplan trade according to time frame and set TP/SL. Trading to make pocket money isn't that challenging and it can be boring and you can make it fun and zen with it. Let's follow our own strategy and zen with ? and ?. Happy Trading everyone! Wishing everyone a good prosperous year of 2025 with many winning trades!
Dropping from 29$ levels in year 2022 and now its near bottom and ready for reversal. Stock has a good dividend yield of 6% and can return 50% in next 2-3 years. With the given dividend yield and technicals , it offers good risk to reward ratio. Its trying to form reversal candle, lets see Target 1: 14 Target 2: 16
This chart comparison between Injective Protocol (INJ) and Uniswap (UNI) on the weekly timeframe suggests that UNI might be entering a similar buy program to what INJ previously experienced. ? Key Observations in the Chart Comparison: 1️⃣ Sell Program → Accumulation → Buy Program INJ (Left Chart) After reaching its old high, INJ went through a sell program (red zone), leading to a long accumulation phase (blue zone). Once accumulation was complete, a strong buy program (green zone) sent INJ to new highs. UNI (Right Chart) UNI followed a similar sell program, mirroring INJ’s early structure. UNI has been in a long accumulation phase, just like INJ before its breakout. If UNI follows INJ’s path, a major buy program could be next. 1) Original Accumulation Zones (Blue Box) Both assets experienced deep accumulation after their initial downtrends. INJ’s accumulation period led to an explosive recovery. UNI remains in its accumulation phase, but signs of institutional buying suggest a shift toward a potential buy program. 2) Demand Zone Confirmation INJ is now approaching the demand zones where price took off and launching higher. UNI has also shown similar original accumulation as INJ. If demand holds, UNI could follow the INJ breakout structure. 3) Standard Deviation Extensions (STDVN) – Short-Term Targets ? INJ surged to 0.5 and 1 STDVN levels once original accumulation ended. If UNI follows, $44.77 (old high), $64.98 (0.5 STDVN), and $86+ (1 STDVN) could be potential targets. ? What This Means for UNI? INJ already showed what happens after accumulation—a parabolic rally. UNI is currently in accumulation, meaning the next phase could be an explosive move up. Institutional accumulation in UNI (recent GETTEX:54M withdrawals from exchanges) suggests smart money is loading up before a potential breakout. 0.5 & 1 STDVN levels align with previous breakout structures—watch these zones for major price action. ? Lord MEDZ Trading Perspective "Not financial advice, but the signs are too clear to ignore…" We’ve seen this before. INJ followed this exact blueprint before its massive pump. UNI is setting up in the same way. Accumulation is for the patient. When the buy program kicks in, it’s game over for bears. Are you ready for UNI’s breakout? ?
Daily live trade with XAUUSD in 15m/30m/1h 20250211