ETH is in a continued downtrend, I'm looking for it to test $2k and if held, this could be the 2025 altszn trigger. ??
** long term forecast, the years ahead ** On the above 2 month chart price action has rallied 700% in the last 9 years. A number or reasons now exist for a bearish outlook. They include: 1) Price action and RSI support breakouts. 2) Legacy support confirms resistance. 3) A rising wedge formation confirms breakout, with 50% correction forecast to $220. (see below) 4) Regular bearish divergence as measured across a 10 month period. It is in fact the highest number of oscillators to negatively with price action. 5) Confirmed monthly Gravestone DOJI candle. (see below) 6) A 70% correction would still leave Microsoft with a market capital of $915b !! Is it possible price action continues to print higher highs? Sure. Is it probable? No. Ww Rising wedge breakout https://www.tradingview.com/x/FFu9WC1w/ Monthly Gravestone DOJI https://www.tradingview.com/x/4gsORPdd/
In this episode, I will take you through the devastation NFP left in it's wake and what we can draw from the signatures left behind. With many expecting 2025 to start off with a bang, we have seen nothing but inconsistencies in price action. Trump and his tariffs also doesn't help but the good news is, once w get through this period, we will see price action loosen up.
Moving towards profitable and burning less cash, who's looking at this risk to reward on the weekly chart for BYND? Could break out in both directions, but the risk to reward looks juicy.
Overview: Potential M-Pattern (Double Top) Formation Analyzing the US30 4H chart, we might see a bearish M-pattern develop next week. Here’s why: ? Price Action: Rejection near the 0.786 - 0.886 Fibonacci zone suggests a potential reversal. ? Bollinger Bands ?: Price hit the upper band and is contracting, signaling a potential downside move. ? RSI ?: Falling from overbought and heading toward 40, confirming bearish momentum. ? MACD ⚡: Bearish crossover happening, with the histogram turning red—momentum is shifting down. ? Fundamental Catalyst: Next week’s economic events: CPI Data (Tuesday) ? Retail Sales (Thursday) ?️ Unemployment Claims (Thursday) ?If inflation remains high, the Fed could maintain a hawkish stance, further weighing on US30. ? Bearish Trade Plan ? ? Entry Zone: 44,600 - 44,750 (Watch for rejection) ? Confirmation: ✅ Bearish engulfing candle ? ✅ RSI below 50 ✅ MACD maintaining bearish momentum? Take Profit Levels: TP1: 44,350 (0.618 Fib Level) TP2: 43,950 (0.5 Fib Level) TP3: 43,075 (0.382 Fib Level - Strong Demand Zone) ? Stop Loss: Above 44,900 to protect against false breakouts ⚠ ? Risk-Reward: Aim for 1:2 or better Final Thoughts ? If the M-pattern plays out, expect a bearish move next week. However, CPI data will be a key factor—stay flexible and manage risk! ? Trade smart & stay disciplined! ? Do not risk more than 1% of your account. Comment your thoughts and follow for more cool ideas Regards, Nozuk #US30 #Trading #PriceAction #TechnicalAnalysis #Forex #Indices #Nozuk
GME had its day in the sun, im nothing but certain that that entire escapade was institutional orderflow and capitulation on the back of retail hype. smart move! Current structure looks bearish on the HTF's, M showing possible failed swing pattern in play, with an unmitigated BISI residing below current ITL formed after the sharp reversal in May '24. (that, may i add, swept buyside liquidity of pretty much the entire past 3 year bear trend!). On a HTF basis, im anticipating price to run the unmitigated BISI by the close of the year, i could be wrong and we could see liquidity tapped below/inside current internal range liquidity and then price move into consolidation, but, eventually finding its way lower to the M FVG residing below. Happy trading!
https://www.tradingview.com/x/UKNW6tim/ Hello,Traders! EUR-JPY is collapsing In a strong local downtrend And the pair is locally oversold So after the price hits the Horizontal support of 155.170 A local bullish rebound Is to be expected Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Issued Date: February 8, 2025 Firm: XetraGroup.com Investment Fund: Audited PAMM (High-Frequency Algorithmic Model) 1. Updated Technical Analysis Triangle Pattern and Bearish Momentum On the H1 timeframe, GBP/USD has broken downward from a triangle pattern, signaling a short-term selling opportunity with an initial target at 1.2475 (2024 key support) . The weekly RSI remains below 50, reinforcing bearish pressure. A close below 1.2530 could accelerate declines toward 1.2285 (50% Fibonacci retracement) . Key Levels Resistances: 1.2579 (9-day EMA), 1.2800 (psychological level), 1.3045-1.3212 (historical supply zone) . Supports: 1.2475 (2024 low), 1.2330 (Q1 bearish target), 1.2000 (long-term support) . Trend Indicators The 200-week moving average (1.0930 in EUR/USD as a reference) acts as critical resistance. A reversal of the golden cross (EMA-50/200 crossover) could reignite bullish momentum if 1.2800 is breached . 2. Relevant Fundamental Factors BoE vs. Fed Monetary Policy BoE: Aggressive rate cuts expected (150 bps vs. market-priced 55 bps), weighing on the pound. The latest 6-3 vote to hold rates at 4.75% highlights committee divisions . Fed: Only 2 rate cuts projected in 2025, bolstering the dollar. U.S. economic resilience and Trump’s protectionist policies add upward pressure on the USD . Geopolitical and Economic Context Trump’s 2024 electoral victory has intensified volatility, driving safe-haven flows into the dollar . The UK economy shows slowing employment and inflation, while the U.S. maintains robust growth . 3. Algorithmic Strategies for XetraGroup Short-Term Opportunity (Q1-Q2 2025) Breakdown shorts: Enter sell positions if price closes below 1.2475, targeting 1.2330. Use dynamic stop-loss aligned with the 9-day EMA (1.2579) . Volatility triangulation: Deploy mean-reversion models on M30-H1 timeframes, capitalizing on swings within the bearish channel . Bullish Scenario (Q3-Q4 2025) Seasonal breakout: If GBP/USD breaches 1.2800, activate buy signals targeting 1.30-1.34 (institutional consensus levels) . News-driven execution: Integrate AI to react to BoE/Fed announcements, optimizing trade execution during high-liquidity windows . 4. Risk Management & PAMM Parameters Risk-reward ratio: 1:3 for short trades, with lot sizes adjusted automatically based on volatility (14-day ATR) . Maximum drawdown: Capped at 5% per trade, hedged via GBPUSDG2025 futures (mixed technical rating: sell on MSEI, buy on BIST) . Correlation monitoring: Synchronize with DXY and interest rate futures to avoid asymmetric exposure . 5. XetraGroup’s Competitive Edge Adaptive Algorithms Our models integrate real-time technical analysis (triangle patterns, EMAs), fundamentals (BoE/Fed events), and sentiment (futures flows), prioritizing low-latency execution . Audit & Transparency The audited PAMM fund ensures strict adherence to predefined strategies, with daily reports accessible at xetragroup.com. Conclusion GBP/USD exhibits a dominant bearish structure in Q1 2025, offering short opportunities on support breakdowns and limited technical recoveries. However, diverging monetary policies and political catalysts may fuel a bullish reversal by late 2025. XetraGroup leverages this duality through adaptive algorithms, maximizing returns for institutional investors. Disclaimer: This report does not constitute financial advice. Past performance does not guarantee future results. Consider your risk profile before investing.
Sellers entered the S&P 500 market on Friday which implies profit-taking from buyers or the market has gotten overvalued and new sellers are entering. I am not looking for a dramatic move down or up on Monday but rather a inside only slightly lower movement from Friday's low.
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (OMUSDT 1M chart) https://www.tradingview.com/x/vbrhfyST/ The chart was broken by a sharp rise. The point to watch is whether the BW(100) indicator or HA-High indicator is formed on the 1M chart. - (1D chart) https://www.tradingview.com/x/JhocvgSo/ It formed an important support and resistance zone by moving sideways in the Fibonacci ratio range of 0(3.1730) ~ 0.382(4.4436). Therefore, if it falls below this range, I think it would be better to stop trading and wait and see. - The high boundary zone is formed in the 4.8752-5.3288 range. Accordingly, if it falls without support near 5.7948, the key is whether it will be supported near 4.8752-5.3288. - The strong support zone is near 3.7312. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) https://www.tradingview.com/x/WBuhqVrT/ Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) https://www.tradingview.com/x/YtZx6YSG/ As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - https://www.tradingview.com/x/zTnWN2r7/ The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------