Watching key liquidity zones on AMEX:SPY this week. Displacements could lead to strong moves, so patience and confirmation are crucial. Using the ICT method to navigate these setups—will we see new highs or a churn back to 590? Staying alert for opportunities. ? #SPY #LiquidityZones #ICTMethod
? ? Stock: REKR (NASDAQ) ⏳ Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout ? Trade Plan: ✅ Entry Zone: Above $2.19 - $2.20 (Breakout Confirmation) ? Take Profit 1 (TP1): $2.30 (First Resistance) ? Take Profit 2 (TP2): $2.42 (Extended Bullish Target) ? Stop-Loss (SL): Below $2.09 (Key Support) ? Risk-Reward Ratio: Favorable for a bullish continuation ? ? Technical Analysis & Setup: ✅ Pattern: Rising Wedge Breakout ? ✅ Breakout Confirmation Needed: Price holding above $2.20 with volume support ✅ Resistance Zones: $2.30: First Major Resistance $2.42: Extended Target for strong momentum ✅ Momentum Shift Expected: A breakout could trigger a strong uptrend ? ? Trade Strategy & Refinements: ? Volume Confirmation: Look for increasing buying volume above $2.20 ? ? Trailing Stop Strategy: Once price reaches TP1 ($2.30), adjust SL higher to secure profits ? ? Partial Profit Booking: Take partial profits at $2.30 and let the rest ride toward $2.42+ ? ⚠️ Fake Breakout Risk: If price drops back below $2.19, reconsider entry ❌ ? Final Thoughts: ✅ Bullish Breakout Confirmed – High probability of continuation higher ? ✅ Momentum Shift Possible – A move above $2.30 could accelerate the upside ? ✅ Strong Risk-Reward Setup – SL at $2.09, TP at $2.30 - $2.42 for optimal gains ? Trade Smart & Stick to the Plan! ?? ? #LongTrade #StockTrading #REKR #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ??
? BANKBARODA: POTENTIAL SWING TRADE OPPORTUNITY WITH DEFINED RISK PARAMETERS ? Hey traders! Let's analyze this Bank of Baroda (BANKBARODA) hourly (1H) chart for a potential swing trading opportunity with a structured trading approach and well-defined risk management. ? Chart Observations: ? Downtrend & Extended Retracement: BANKBARODA experienced a downtrend, followed by an Extended Retracement Zone between 207-214. This area suggests potential support or buying interest. ? Options Break Target: The chart highlights an Options Break Target zone at 220-230, indicating a potential breakout level where call options could gain momentum. ? Swing Target: A Swing Target is identified at 274-283, based on previous resistance levels and price action. ? Stop Loss: A clear stop-loss is placed at 207—a critical level to manage risk if the trade moves against us. ? Current Price & Reference Points: Current Price: 213.25 (at the time of analysis) Day’s High: 217.84 Day’s Low: 213.30 ? Trading Plan (Based on Chart Analysis): ? Entry: Consider a long entry if the price shows bullish confirmation within the Extended Retracement Zone (207-214). Look for candlestick patterns indicating buying pressure, a bounce off support, or confirmation via technical indicators. ⚠️ Don't enter impulsively. Wait for clear signals. ? Stop Loss: Place a stop-loss at 207. The position should be closed only if an hourly candle closes below 207 (not just a wick below this level). Reason: This level is below recent swing lows, making it a clear invalidation point for the bullish setup. ? Targets: ✅ Options Break Target: 220-230 (Consider booking partial profits, e.g., 50%). ✅ Swing Target: 274-283 (Final upside target for extended gains). Rationale: The 220-230 zone may act as an initial resistance, while 274-283 represents a higher timeframe resistance zone. ? Options Strategy (If Applicable): The Options Break Target (220-230) suggests a potential options trading strategy. Consider buying call options near 220-230 if a breakout occurs. ⚠️ Make sure you understand options trading risks before implementing this. ? Risk-Reward Ratio ? ✅ Potential Risk: The difference between entry price and stop-loss (207). ✅ Potential Reward: To Options Break Target (220-230). To Swing Target (274-283). ? A favorable swing trade typically maintains a risk-reward ratio of 1:2 or higher. ? Critical Considerations ? ? Confirmation is Paramount: Wait for bullish confirmation within the 207-214 zone before entering. ? Volume Analysis: A rising volume confirms stronger buyer participation during a breakout. ? Market Context: Keep an eye on broader market conditions and potential news events affecting BANKBARODA. ? Position Sizing: Risk only a small portion of your capital on a single trade. Never risk more than you can afford to lose. ? Hourly Close Stop Loss: The stop-loss activates only if the price closes below 207 on an hourly basis. ? Disclaimer ? ? This analysis is for educational purposes only and does not constitute investment advice. Please conduct your own research and consult a financial advisor before making any investment decisions.
4th Feb 2025 DXY: Needs to stay above 108.20 to maintain bullish, could retrace to close gap/test trendline before rebounding up to 109.45 NZDUSD: Sell 0.5630 SL 30 TP 80 AUDUSD: Sell 0.6230 SL 30 TP 90 GBPUSD: Sell 1.2435 SL 40 TP 110 EURUSD: Sell 1.0310 SL 30 TP 90 USDJPY: Sell 155.40 SL 50 TP 130 EURJPY: Sell 160.90 SL 40 TP 110 GBPJPY: Look for potential reaction at 194 USDCHF: Sell 0.9090 SL 30 TP 60 USDCAD: Sell 1.4390 SL 30 TP 70 XAUUSD: Expecting retrace, look for reaction at 2800
Tuesday’s session was strong for Nifty, as it opened with a 149-point gap-up, made a low of 23,423.15, and surged to a high of 23,762.75, entering deep into the Daily Supply Zone. It finally closed at 23,739.25, gaining 378 points over the previous close. The Weekly & Daily Trend (50 SMA) remain sideways. Demand/Support Zones Near Demand/Support Zone (75m): 23,327 - 23,381.60 Near Demand/Support Zone (15m): 23,141 - 23,205.70 Far Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low of 4th June 2024) Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 (Current price is deep inside the zone) Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook After taking support at the Daily Demand Zone on 27th January, Nifty has already rallied 975 points (22,857 to 23,762). However, the Weekly & Daily Trend (50 SMA) remains sideways. To break the lower high - lower low structure, Nifty must sustain above 24,250 in the coming days.
Monitoring this trendline as a key magnet for price action on $META. While I won’t adopt a bearish stance, I’ll be focusing on liquidity sweeps for optimal trade setups. Key demand zones marked—watching for potential reactions. Let’s see how price interacts! ? #META #LiquiditySweeps #PriceAction
TVC:GOLD The attached image of the chart is on January 10, unfortunately I forgot to post it. It is clearly a symmetrical triangle and the target is between 2880 and 2900. Still moving in the direction of achieving the goal, let's see what happens soon
? ? Stock: STOK (NASDAQ) ⏳ Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout ? Trade Plan: ✅ Entry Zone: Above $12.60 - $12.70 (Breakout Confirmation) ? Take Profit 1 (TP1): $13.32 (First Resistance) ? Take Profit 2 (TP2): $14.21 (Extended Bullish Target) ? Stop-Loss (SL): Below $11.94 (Key Support) ? Risk-Reward Ratio: Favorable for a bullish continuation ? ? Technical Analysis & Setup: ✅ Pattern: Rising Wedge Breakout ? ✅ Breakout Confirmation Needed: Price holding above $12.60 with volume support ✅ Resistance Zones: $13.32 - $13.50: First Major Resistance $14.21: Extended Target for strong momentum ✅ Momentum Shift Expected: A breakout could trigger a strong uptrend ? ? Trade Strategy & Refinements: ? Volume Confirmation: Look for increasing buying volume above $12.60 ? ? Trailing Stop Strategy: Once price reaches TP1 ($13.32), adjust SL higher to secure profits ? ? Partial Profit Booking: Take partial profits at $13.32 and let the rest ride toward $14.21+ ? ⚠️ Fake Breakout Risk: If price drops back below $12.60, reconsider entry ❌ ? Final Thoughts: ✅ Bullish Breakout Confirmed – High probability of continuation higher ? ✅ Momentum Shift Possible – A move above $13.32 could accelerate the upside ? ✅ Strong Risk-Reward Setup – SL at $11.94, TP at $13.32 - $14.21 for optimal gains ? Trade Smart & Stick to the Plan! ?? ? #LongTrade #StockTrading #STOK #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ??
? ? ? Stock: TUYA (NYSE) ⏳ Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout ? Trade Plan: ✅ Entry Zone: Above $2.97 - $3.00 (Breakout Confirmation) ? Take Profit 1 (TP1): $3.20 (First Resistance) ? Take Profit 2 (TP2): $3.50 (Extended Bullish Target) ? Stop-Loss (SL): Below $2.79 (Key Support) ? Risk-Reward Ratio: Favorable for a bullish continuation ? ? Technical Analysis & Setup: ✅ Pattern: Rising Wedge Breakout ? ✅ Breakout Confirmation Needed: Price holding above $2.97 with volume support ✅ Resistance Zones: $3.20: First Major Resistance $3.50: Extended Target for strong momentum ✅ Momentum Shift Expected: A breakout could trigger a strong uptrend ? ? Trade Strategy & Refinements: ? Volume Confirmation: Look for increasing buying volume above $2.97 ? ? Trailing Stop Strategy: Once price reaches TP1 ($3.20), adjust SL higher to secure profits ? ? Partial Profit Booking: Take partial profits at $3.20 and let the rest ride toward $3.50+ ? ⚠️ Fake Breakout Risk: If price drops back below $2.97, reconsider entry ❌ ? Final Thoughts: ✅ Bullish Breakout Confirmed – High probability of continuation higher ? ✅ Momentum Shift Possible – A move above $3.20 could accelerate the upside ? ✅ Strong Risk-Reward Setup – SL at $2.79, TP at $3.20 - $3.50 for optimal gains ? Trade Smart & Stick to the Plan! ?? ? #LongTrade #StockTrading #TUYA #TechnicalAnalysis #DayTrading #MomentumTrading #BreakoutSetup #RiskReward #TradingPlan #ProfittoPath ??
Team, we are shorting gold at 2853-55 ranges stop loss at 2863-65 target 1 at 2848-45, take partial and bring stop loss to BE once it reaches this price. Target 2 at 2836-25 Target 3 at 2805-17