# ? TRADE IDEAS: ES FUTURES (ESH2025) – 1/31/2025 PLAYBOOK ## ? SCENARIO 1 (BEARISH) **DIRECTION:** Short **STRUCTURE BIAS:** Bearish **ENTRY LEVEL:** 6120–6140 (upper bound of weekly gap) **STOP LEVEL:** 6149.25 (invalidate if hourly close above this level) **TARGET LEVELS:** - **Friday EOD / Midnight Open:** 6111.75 - **Target 1 for Next Week:** 6084.50 - **Target 2 for Next Week:** 6054.75 **R/R RATIO:** ~3:1 (depending on final execution) ### EXECUTION STRATEGY - **Rejection Confirmation:** Wait for clear rejection candles around 6120–6140. - **Short Entries:** Establish short positions once price convincingly trades back below the Sunday Gap Open level. - **Stop Placement:** Use 6149.25 as a hard stop (hourly close above invalidates the trade idea). - **Scaling Out:** Partial profit at 6111.75 (Friday EOD target), hold remaining for next week’s deeper targets. ### KEY POINTS - ES has closed its weekly opening gap and is testing the upper boundary. - NQ remains considerably weaker and **has not** closed its opening gap, hinting at potential further downside (divergence). - **Higher-timeframe Rejection:** If hourly candles establish a firm move below Sunday Gap Open, expect continued selling into next week. - Any sustained hourly close above the red “Ideal Stop” level (6149.25) **invalidates** this setup. --- ## ? SCENARIO 2 (BULLISH) **DIRECTION:** Long **STRUCTURE BIAS:** **No Trade Today** (overextended zone likely to reject) **ENTRY LEVEL:** *No planned entry* **STOP LEVEL:** *N/A* **TARGET LEVEL:** *N/A* **R/R RATIO:** *N/A* ### EXECUTION STRATEGY - Currently **no active long setup** is planned due to overextension into a potential rejection zone. - **Alternate Case:** If price were to **hourly close above 6149.25**, the weekly gap top could act as support. That might open a bullish opportunity, but **not** for today’s session. ### KEY POINTS - Although an hourly close above 6149.25 would turn near-term structure bullish, the setup is **not favored** given the current market context. - **Patience** is advised; no immediate long trades unless a clear breakout and base above the weekly gap top is confirmed. --- ## MARKET BIAS - **SHORT TERM (Today – 1 Day):** - **Bearish** bias as price is trading inside the weekly gap area and showing signs of rejection. - Watching for a move back below Sunday Gap Open to confirm further downside momentum. - **LONGER TERM (1–2 Weeks):** - If the market fails to hold above the gap, continued selling pressure could extend toward 6084.50 and 6054.75. - Any **hourly close** above 6149.25 would shift momentum, potentially flipping the gap into support for higher targets (not favored at this time). ---
Uber is testing the crucial Gp $67.13 in PM UPS hit the transports yesterday, relief bounce today hopefully .
Hello traders, I want share with you my opinion about Gold. Observing the chart, we can see how the price entered to upward channel, broke the 2620 level and reached the resistance line of the channel. After this, Gold made a correction to the buyer zone and then turned around and quickly rose back. Then the price made a correction again and continued to move up inside the channel, and soon it reached the second support level (2700) which is located inside the support area and at once corrected to the support line of the channel. Next, the price some time traded near this line and soon reached the 2700 level and broke it, after which made a retest and continued to move up next. Later Gold rose to the current support level, which coincided with one more support area, and corrected the support line of the channel. Price some time traded near this line, again, and later rebounded up to the 2780 level and broke it too. At the moment, the price continues to move up and I think that Gold can reach the resistance line of the channel and then start to decline to the support line, breaking the support level. That's why I set my TP at 2770 points. Please share this idea with your friends and click Boost ?
Technical Analysis: Resistance Levels: The immediate resistance is around $2,820. A decisive break above this level could pave the way toward the all-time high of approximately $2,790 reached in October 2024. Support Levels: On the downside, initial support lies near $2,780, followed by the $2,750 region. A break below these levels might trigger further declines toward $2,700. Fundamental Factors: The recent surge in gold prices is attributed to heightened geopolitical tensions and expectations of potential U.S. interest rate cuts. Analysts from Goldman Sachs have projected that gold could reach $3,000 per ounce by the end of 2025, driven by interest rate cuts and increased central bank purchases. MARKETWATCH.COM Conclusion: The current technical and fundamental landscape suggests a cautiously optimistic outlook for gold. Traders should monitor key resistance levels for potential breakouts while being mindful of support zones that could signal corrective pullbacks. Staying updated with U.S. economic policies and Federal Reserve communications will be crucial in assessing gold's future trajectory.
Here we have a chart of bitcoin price, the surrounding is very gay but the price is okay. As we can see we are still making higher highs, and higher lows, this makes us high. Being high is a very positive thing. Today is the last day of January. Bitcoin was created by USA, that's A O.K. Watch out for October. __________ | _ ____ """"---,,,______________________ |(_)|37.2| ____________________|_) |__________,,,---"" This thermometer represents bitcoin current situation, it's quite hot, as always, but everything is relative, like that strength index.
It is evident that the daily XRP time frame has many buy orders It was the last one that he had, obviously many buyers came in. There is a lot of compression in this area He will probably continue to follow this trend Like and subscribe
RATS will soon experience a free fall down to 0.22.
I’m not going to explain the entire history of Pepe like I did with my Shiba Ina post, but I will say that it’s exhibiting the same exact “what starts in 5’s, ends in 5’s” pattern. PRICE PREDICTION In the short term, I anticipate that price action will continue upward, albeit in a corrective manner. This movement is expected to be followed by another capitulation. Applying a fib retracement from the beginning to the end of wave (1), my target for the Y of the (Y) correction, as well as the completion of the higher degree wave (2), aligns with the 0.5 retracement level. Should price extend beyond this level, the yellow 1.618 serves as the definitive threshold—price should not decline past this point. TIME PREDICTION By applying a trend based fib time measurement from the start to the completion of the higher degree (W) wave, and then extending it to the higher degree (X) wave, the 1 in time projection for the higher degree (Y) wave is set on February 23rd, 2025. Similarly, applying a trend based fib time measurement from the start to the completion of the lower degree wave W of the (Y) wave, and then extending it to the lower degree wave X of the (Y) wave, the 1 in time projection for the lower degree wave Y of the (Y) wave is set for February 24th, 2025. The extremely close overlap of these 2 projections—separated by only 1 day—leads me to focus on the 1 in time for both the lower degree and higher degree Y waves. I anticipate price to terminate around these 2 dates but please take time analysis with a grain of salt. FINAL THOUGHTS If price action unfolds as anticipated, it will result in a higher high for the (X) wave and a higher low for the (Y) wave, forming a structurally bullish pattern.
Japan's Tokyo's core inflation rate accelerated to 2.5% y/y in January, up from 2.4% in December and in line with market expectations. This marked the highest level since February 2024 and reflects rising inflationary pressure. Tokyo CPI jumped to 3.4% y/y, its highest in almost two years, as food prices rose sharply. Tokyo core CPI is closely monitored by Bank of Japan policymakers and supports last week's central bank decision to raise interest rates by a quarter point to 0.50%. The current cash rate is far below other central banks but is the highest in Japan since the global financial crisis in 2008.The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day. At the meeting, the BoJ revised higher its inflation forecasts and also hinted at further rate hikes. Deputy Governor Himino echoed this stance earlier this week, stating that the BoJ would consider further hikes if economic and inflation data continued to move in accordance with the Bank's projection. This flurry of hints about rate hikes is unusual for the BoJ, which tends to reveal little and keep speculators in the dark about its rate plans. This secretive approach often results in sharp volatility from the yen after BoJ meetings, and Bank policymakers may be looking to avoid further sharp swings from the yen. It seems clear that further rate hikes are a question of time as the BoJ moves forward, albeit cautiously, towards normalization. The BoJ meets next on March 19 and investors will be looking for more clues about a possible rate hike at that time. USD/JPY has pushed above resistance at 154.48. Next, there is resistance at 155.16 153.59 and 152.91 are the next support levels
Elliott Wave Trade Set Up EURUSD minuette (ii) developping subminuette y running invalidation : break up H4 POC AREA