If WLD loses the $1.80-$1.75 support, $1.30 could be the next target, with the lowest trading range at $1, or even lower, $0.90, based on the 0.5 fib. However, since the bears couldn't break the support yet, we might see an attempt to break the $4.20 resistance following a bullish move, it's not broken, again we might see $1, but if it's broken, then the highest high ($10) could be the next target (possibly a double top).
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Verbio Stock Quote - Double Formation * 24.500 EUR | Area Of Value * Pattern Confirmation | Subdivision 1 - Triple Formation * No Trade)) | Completed Survey | Subdivision 2 * ABC Flat | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
I have illustrated this inverted head and shoulders on the ETH weekly chart. Despite the current bearishness in ETH, I believe it will change with time. I have included an Elliot Wave projection for the rest of this cycle. I think ETH could reach $15000 or more by Oct 2025. This kind of prediction presumes BTC will go to $400,000 or more and ETH outperforms BTC for the rest of this cycle. I am long ETH; not happy with its current performance. However, I think it will go to a new ATH above $5000 in a few months and pursue the higher number projected by the end of this year.
Key points about JAKKS Pacific, Inc.: + Founded in January 1995 by Stephen G. Berman and Jack Friedman + Headquartered in Santa Monica, CA + Operates through two main segments: - Toys and Consumer Products: includes action figures, vehicles, play sets, plush products, dolls, electronic products, and more - Costumes: designs and sells everyday and special occasion dress-up costumes and related accessories + Diverse product range makes it a significant player in the toy and consumer products industry What do you think about JAKKS Pacific Inc? Do you have a bullish trade idea or any insights to share?
? LucanInvestor's Strategy: ? Short: Below $133.70, targeting $125 and $120. MACD's bearish position below zero strengthens the downside potential. ? Long: Above $150.12, targeting $160 and $165. A break above this resistance could signal renewed bullish momentum. ? LucanInvestor's Commands: ? Resistance: $150.12 — Key resistance zone; a breakout confirms bullish continuation. ? Support: $133.70 — Immediate support; failure to hold could lead to further decline. NVDA is currently trading near its 9-day EMA ($136.47), showing signs of recovery but still facing strong resistance at $150.12. The MACD indicator remains slightly bearish, and sustained volume is critical for any breakout. ? "Greatness lies in surpassing resistance; the market rewards only the bold." — LucanInvestor
A simple chart that tracks the bitcoin price before and after the 2020 election, the inauguration, and 60 days post into Biden's era.
Monday may show significant volatility in markets following Trump investiture. Where the dollar will head to remains uncertain, number of FED cuts for 2025 remain uncertain but recent NFP reports and CPI showed strength in labor market and higher inflation, leaning towards a hawkish Fed for this start of the year. What matters for next week is Trump's investiture, market will be responsive to any type of communication from the incoming president. Trump has made it clear that he wants a weak dollar to reduce the trade deficit. Technical show that Dollar has gained incredible momentum over the past 4 weeks. There will be a clear dilemma for the markets on will Trump's politic will be inflationary (and cause Fed to hold rates higher for longer) or will he succeed in implementing a weaker dollar. Historically, Dollar fell the first months Trump was in office in 2017. - Currently, USD/JPY FX:USDJPY is trading around a key area around 156.000 around the 4H 20 EMA. Bulls showed up on Friday. Bulls reclaim 156.000 area of this 4H trading range: https://www.tradingview.com/x/Q6bmJtRO/ - If dollar remains strong next week, we could see the USD/JPY continue to trade within this 4H range, which would confirm a failed breakout from this TR and put our next target on 158.000. Multiple ways to trade this, scale in if bulls strong on Monday for aggressive traders or wait to see to see consecutive 4H bull bars for entries. -Valid fake outs often lead to aggressive moves in the opposite direction of the breakout as sellers may be trapped in a loosing trade leading to both bulls and bears buying. DXY TVC:DXY bounced of the bullish trending line: https://www.tradingview.com/x/PLYelfbv/ - The play for next week could be to see the dollar rally towards 110.000-110.500 area and see some potential reaction there, potentially some sideways trading before market decides its next move. Remember to be careful on this, last week USD/JPY was a bear bar closing below its lower half which may be a sell signal for next week. Next week will be volatile for markets so I'd recommend lowering your trading size. This is a C setup. Peace,
? LucanInvestor's Strategy: ? Short: Below $412.75, targeting $400 and $380. MACD's recent momentum shift supports potential downside if the 9-day EMA is breached. ? Long: Above $457.17, targeting $470 and $480. A confirmed breakout will likely propel Tesla higher amid strong bullish volume. ? LucanInvestor's Commands: ? Resistance: $457.17 — A pivotal level for bulls to conquer, signaling further upside. ? Support: $412.75 — Critical support; a breakdown below this level could invalidate the bullish momentum. Tesla continues its upward momentum, holding above the 9-day EMA ($412.75) with bullish sentiment evident in the rising volume. The MACD indicator has yet to cross decisively into positive territory, so confirmation of a breakout above $457.17 is essential for sustained gains. ? "Only those who persevere above resistance reap the rewards of the trend." — LucanInvestor
Hi traders, Last week Bitcoin came into the Weekly FVG and finished the WXY pattern. After that it went up again. Now we could see a correction down and more upside for this pair, maybe to a new ATH? Let's see what the market does and react. Trade idea: Wait for a correction down, a change in orderflow to bullish and trade longs to the swing high (orange wave 3). If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide trade signals. Don't be emotional, just trade! Eduwave
It is a good position. When the price can break the yellow range with strength, it is expected to reach the sell target.