.. for a 2.01 credit. Comments: Earnings announcement (2/4) volatility contraction play. Metrics: Max Profit: 2.01 Buying Power Effect: 2.99 ROC at Max: 67.22% 50% Max: .52 ROC at 50% Max: 33.61%
pair has made a strong bearish divergence and head and shoulder formation in 5 min chart,in 15 MA 200 is getting respected and shooting star formation followed by the bearish engulfer candle. Major resistance respected at 44509 ,Support has broken at 44352 FIb level 0.618 is being respected at 44509 which indicates fall expected. Trade plan bias short @ 44350 SL:44531 TP1:44208 TP2:44155
### ? **??** ? **Stock:** PTLO (NASDAQ) ⏳ **Timeframe:** 30-Min Chart ? **Setup Type:** Bearish Breakdown ### ? **Trade Plan:** ✅ **Entry Zone:** **$13.80 - $13.86** (Breakdown from Ascending Trendline) ? **Take Profit 1 (TP1):** **$13.20** (Key Support) ? **Take Profit 2 (TP2):** **$12.49+** (Extended Target if selling pressure continues) ? **Stop-Loss (SL):** **$14.62** (Above resistance for risk control) ? **Risk-Reward Ratio:** Favorable for a bearish continuation ?? --- ### ? **Technical Analysis & Setup:** ✅ **Pattern:** **Bearish Breakdown from Rising Wedge ? → ?** ✅ **Resistance Zone:** Strong seller presence around **$13.80 - $13.86 (Yellow Zone)** ✅ **Breakdown Confirmation Needed:** Price should drop below $13.80 with strong volume ✅ **Momentum Shift Expected:** Breakdown signals **potential downtrend continuation** --- ### ? **Trade Strategy & Refinements:** ? **Volume Confirmation:** Look for **increased selling volume** below $13.80 ? ? **Trailing Stop Strategy:** Once price reaches **TP1 ($13.20), adjust SL lower** to secure profits ? **Partial Profit Booking:** Take **partial profits at TP1** and let the rest ride towards **TP2 ($12.49+)** ⚠️ **Watch for Fake Breakdowns:** If price **rises above $13.86**, reconsider the setup --- ### ? **Final Thoughts:** ✅ **Bearish Breakdown Expected – High probability of continuation lower** ? ✅ **Strong Resistance at $13.80 – Ideal short entry for risk-reward optimization** ? ✅ **Momentum Shift Possible – A drop below $13.20 could drive PTLO to $12.49+** ? ? **Trade Smart & Stick to Your Plan!** ?? Would you like any refinements or additional insights? ?? --- ### ? **Hashtags for Engagement:** #ShortTrade #StockTrading #PTLO #TechnicalAnalysis #DayTrading #SwingTrading #MomentumTrading #ChartPatterns #PriceAction #BearishBreakdown #TradeSetup #StockCharts #TradingView #StockSignals #TradingPlan #MarketAnalysis #RiskReward #ResistanceAndSupport #ProfitToPath #TradeSmart #WealthBuilding #TradingSuccess
The technical analysis of the CHFHUF (Swiss Franc/Hungarian Forint) chart highlights an interesting setup that justifies the LONG trade. Let’s look at the key factors that support this decision. 1. Long-term trend and technical support On the 4-hour chart, we see a pattern that is stabilizing above an important support level, represented by the 200-period moving average (green line). The price action is above the long-term moving average, which suggests an uptrend. Furthermore, the presence of the 50-period moving average (blue line) and the 20-period moving average (red line) indicated on the upper part of the chart confirm that the overall trend is favorable to the LONG, especially considering that the moving averages are aligning in support of the bullish movement. 2. Stochastic Indices and Overbought/Oversold Levels Another important point concerns the stochastic indicator, which gives us an accurate view of overbought or oversold conditions. Currently, on the 1-hour chart (indicating overbought), we are close to extreme levels, while the 4-hour and daily charts are in oversold conditions. This suggests that, although there is bearish pressure in the immediate future (1-hour chart), the bearish push could run out soon, favoring a resumption of the bullish movement on the higher timeframes. 3. Target and risk/reward ratio In terms of target, the target identified in this trade is at 445,500, with a relatively low risk compared to the potential gain. The trade has a risk/reward ratio of 1/3, which means that the potential gain exceeds the risk taken by a large margin. This justifies the LONG entry, with a low risk and a favorable profit projection. 4. Combination of indicators In addition to the combination of moving averages, the WaveTrend SwipeUP indicator suggests that the market momentum is changing towards a possible buy. Even if we are in an overbought phase in the short-term horizon, the accumulation on the higher timeframes is favoring the possibility of a bullish recovery. Conclusion In summary, I decided to enter LONG on CHFHUF as the technical setup suggests that despite a short period of overbought on hourly timeframes, the long-term signals on the 4-hour and daily charts are favorable. The trade has a good risk/reward ratio, strong technical support and the WaveTrend indicator supports a bullish movement.
Here’s a **simple and professional TradingView description** for your post: --- ? **EUR/USD Wave Analysis – Key Levels to Watch!** ? ? **Market Overview:** EUR/USD is following a **five-wave Elliott structure** with a potential **Wave 4 retracement** before further downside. The key zones to watch: ? **Support Zone:** 1.02052 - 1.00923 (Possible Wave 5 target) ? **Resistance Zone:** 1.06664 (Potential Wave 4 completion) ? **Key Level:** 1.02923 (Crucial reaction point) ? **Trading Insight:** We may see a short-term pullback towards **1.06664** before the final drop to **1.00923**. Watch for **price reaction at resistance** before entering a trade. ? **Patience is key. Follow the structure, manage risk, and stay ahead of the trend!** ? #GreenFireForex #EURUSD #SmartMoneyConcepts #ForexAnalysis #ElliottWave #PriceAction
As we can see despite the weakness nifty managed to close strong and following in daily time frame, we can see retesting at the breakout level hence we may expect NIFTY to continue its uptrend and its direction towards 24000++ in coming days so plan your trades accordingly.
Looks like there is a double bottom with bullish divergence if it develops on the 4h. After retracing .618 one could look for a long.
BTC Analysis (4-Hour Timeframe) As you can see on the chart, I’ve marked three key zones for BTC: Strong Resistance – The current market structure’s upper boundary. Central Zone – A critical area acting as a pivot point. Strong Support – The lower boundary of the current structure. Since breaking out of the 70-80 zone, BTC has established a new structure, which is clearly visible on the chart. Over the past few days, BTC has been circulating within this zone. Today, it tested the support level and showed a healthy reversal, which is a positive sign. This zone has historically acted as a strong support area, and the market has repeatedly reversed from here, as seen in the price action between 91,260 and 89,260. For now, BTC is respecting this support level and following the current structure. A breakdown below this zone could lead to a bearish move, but as of now, the support is holding strong. Central Zone: The Key Pivot Area The Central Zone is a crucial part of the current structure, acting as both support and resistance (SR/Rs interchange). It provides valuable insights into BTC’s price action, indicating when the price is likely to test resistance or support. Currently, BTC has faced minor rejection from the Central Zone. However, given the strong bounce from the support level, there’s a possibility that BTC could break through the Central Zone. If this happens, the price may move toward the resistance level again. Supply and Demand Dynamics From a supply and demand perspective, BTC is currently showing strong demand near the support level. This demand could push the price toward the resistance level. However, for this upward move to sustain, BTC needs to break the downtrend choch (swing high) between resistance and support. This break is likely to occur if the Central Zone is breached. If the Central Zone breaks, the demand could fully play out, and BTC may retest the resistance level. Needed Volume: A Critical Factor At the bottom of the chart, I’ve marked the “needed volume” level. This is an important area that cannot be ignored. For the needed volume to fill, the market might retrace lower. If the Central Zone breaks, the needed volume will likely fill after testing the resistance. However, if the Central Zone holds and rejects the price, BTC could retrace to fill the needed volume level. In this scenario, the market might also break the current structure, targeting the 89,000–91,000 zone. Summary : Two Possible Scenarios Bullish Scenario: The Central Zone breaks, and BTC moves toward the resistance level. Bearish Scenario: The Central Zone rejects the price, and BTC retraces to fill the needed volume level. These are the two primary scenarios to watch for. The market is currently straightforward, and no additional complexities are at play. Note: My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward. Thank you!
In this lesson we have the major pivots in price action directed with the blue path so that we can easily find the trend and to also figure out how to take action on finding out if this pair is Bullish or Bearish In this case we see that price is at the same high in the past with tight swings creating a range or also called the distribution phase in the 4 market cycles and these two sings alone are telling us that price is looking bearish for the long term After knowing what the overall goal is for price action ? we can create a strategy for short positions only and look for entries at high points within the entire range to swing this market (the pivots are our zones of entry either up/down) I've also drawn an impulse wave to add more confluence to the according swings Up and Down as both directions have the same pattern Note: Usually the 1st wave is typically way smaller with the 3rd wave⚡ being the largest and quickest. Using the 150-day MA can now help you manage the trade in either direction like show on chart we can see that almost every pivot bounced somewhat around the average line for optimal entry points At the top like the last setup price action broke below and then retraced back to the MA to confirm if the selloff is true after being rejected. ? The goal for this setup is to capture the entire swing and to scale the position as price falls further with more confirmation along the way Typical forex traders dont teach this type of method as its harder to manage and unrealistic based on how long its takes (70 days+ give or take) This is a different approach and would be similar to mid - long term swing trading stocks or crypto but it very possible for forex as well based on your strategy and style By finding the true pivot points in price action you can easily break the trade down to capture 100 - 200 pips or less but will require you to look at the charts in one way only and not both ☯ as it can be confusing. If you enjoyed reading this and learned something new to help advance your trading journey please boost this post, share it, and comment your thoughts on this universal strategy so that I can continue to make more, Thanks!?
Hey guys! It’s been a while, but I’m back now, and we’re diving straight into the charts. ? Looking at BTC on the 15-minute timeframe, we just had a strong bullish push into a key area of interest—the 99,442 daily key level—which also aligns with a supply zone. Right now, price is stalling in that zone, showing some hesitation. Here’s my outlook : ? I expect price to grab some liquidity above the recent high, potentially tapping into that minor supply before a rejection. ? Once we get that rejection, I’m looking for price to break structure, confirming a shift in momentum. ? If all goes as planned, we ride the wave down to the gray target zone, which aligns with previous demand and potential liquidity. If BTC plays out as expected, this could be a sweet short opportunity. Let’s see how it goes! ? Drop your thoughts in the comments—did you miss me? ?