NASDAQ:MSFT Iron Condor, PRE-EARNINGS 1.5:1 Risk:Reward (i.e.: $150:$100) +1 BUY $435 Call 1/24 -1 SELL $432.5 Call 1/24 -{CURRENT PRICE $423.61}- -1 SELL $417.5 Put 1/24 +1 $415 Put 1/24 If the trade goes south this one is totally rollable to a $5 spread IC down the road, especially on the day of expiration.
? Entry: $9.03 (breakdown level) Stop Loss (SL): $9.59 (marked in red) ? Target 1 (T1): $8.54 (marked in yellow) ? Target 2 (T2): $7.90 (marked in green) ✅ Reason: Rising wedge breakdown suggests bearish momentum. Price rejection near $9.03 confirms potential downside. #NEXT #ShortTrade #StockMarket #TradingView #TechnicalAnalysis #DayTrading #SwingTrading #ChartPatterns #BearishMomentum #BreakdownTrade
? Entry: $4.82 (breakout level) Stop Loss (SL): $4.44 (marked in red) ? Target 1 (T1): $5.22 (marked in yellow) ? Target 2 (T2): $5.72 (marked in green) ✅ Reason: Symmetrical triangle breakout suggests bullish momentum. Breakout above $4.82 confirms strong upward potential. Tags: #ZVIA #LongTrade #StockMarket #TradingView #TechnicalAnalysis #DayTrading #SwingTrading #ChartPatterns #BullishMomentum #BreakoutTrade
The weekly chart for Liberty Energy ( NYSE:LBRT ) shows strong momentum as the price has successfully broken out of the triple bottom pattern and is nearing the overbought zone on the RSI. Observations and Continuation: As the price remains within an ascending channel, there is a potential to test the upper channel resistance, which aligns near the $25-$26 range. However, with RSI trending into the overbought zone, there could be short-term consolidation or a pullback before further continuation. It is therefore prudent to watch out for signs of divergence that could signal a reversal scenario. Key Levels to Watch: Resistance: The upper channel boundary near $26. Support: Price levels around $19 could act as a safety net if the price retraces. Caution is warranted as the stock approaches the overbought region, historically suggesting reduced momentum or a potential pullback. Watch for trends in volume. Bullish Scenario: A breakout above $26 could lead to a stronger rally, potentially targeting higher levels around $28-$30. Bearish Scenario: Failure to sustain above $23.60 might signal consolidation or a test of the $20.50-$21.00 region. Disclaimer: This is not financial advice. Conduct your own research and consider your risk tolerance before entering any trade.
https://www.tradingview.com/x/bCGdhBmP/ It looks like CADJPY is returning to a bearish trend. The price completed a consolidation within a bearish flag and violated its support with a high momentum bearish candle yesterday. With a high probability, the pair will continue falling soon. Next support - 107.15 ❤️Please, support my work with like, thank you!❤️
AUDUSD Analysis & Forecast – Bearish Setup with Technical Target at 0.60000 ? Market Overview: AUDUSD is showing signs of bearish pressure, with a potential selling zone forming at 0.62122. The technical target for this downward move is around the 0.60000 level. The pair is currently facing a key support level at 0.61937, which may act as a critical point for price action. If the price breaks through this support, further downside momentum towards the 0.60000 target is likely. ? Key Levels to Watch: Resistance Zone: 0.62855 Selling Zone: 0.62122 Technical Target: 0.60000 Support Level: 0.61937 ? Price Action & Outlook : AUDUSD has been showing bearish signs, and the selling zone around 0.62122 is likely to offer an opportunity to enter short positions. If the pair breaks the support at 0.61937, further downside toward the 0.60000 target becomes more probable. The resistance zone at 0.62855 remains important to watch for any potential reversal or upward correction. As long as the price remains below the resistance zone, the bearish outlook is intact.
I am sharing my personal technical analysis by using the Volume Indicator. This is my own idea and sharing it just for educational purposes, this is not financial advice. Do your own analysis before taking any risk on your real account.
SPY is trading within a descending wedge, testing the $591-$592 resistance zone. The chart shows mixed signals, with the MACD trending slightly bearish and the Stochastic RSI approaching overbought territory, suggesting potential near-term weakness. Volume has been steady, but the upcoming Presidential inauguration next week may bring increased volatility. The $593-$595 range aligns with significant call resistance, while $590-$588 remains critical support, as indicated by gamma exposure (GEX) and options positioning. These levels are likely to guide SPY's movement heading into the politically significant week. Key Levels to Watch: * Resistance Levels: * $593-$594: Immediate resistance, aligning with strong GEX call walls. * $595-$598: Extended resistance zone with significant gamma exposure. * Support Levels: * $591: Near-term support level. * $590-$588: Strong support zone with the highest negative GEX and put positioning. * $576: Extended downside support. GEX Insights: https://www.tradingview.com/x/olirAktO/ * Gamma Exposure (GEX): * Positive GEX at $593-$595 acts as a ceiling, limiting upward momentum. * Negative GEX at $590-$588 provides strong support, but a break could trigger accelerated selling. * Options Activity: * IVR: Low at 16.3, indicating reduced implied volatility. * Put/Call Ratio: Elevated at 40.3%, reflecting bearish sentiment among options traders. Trade Scenarios: Bullish Scenario: * Entry: Break above $593 with volume confirmation. * Target: $595 (first target), $598 (extended target). * Stop-Loss: Below $591. Bearish Scenario: * Entry: Break below $590 with increased selling pressure. * Target: $588 (first target), $576 (extended target). * Stop-Loss: Above $593. Directional Bias: The bias leans bearish for the short term, with SPY likely to test lower levels before the inauguration. Political uncertainty and potential market volatility may keep SPY range-bound between $588 and $595 this week. Heading into the next week, a decisive break of the $595 resistance could signal bullish momentum, while a breach of $588 support may lead to a sharper selloff as traders react to political developments and policy announcements. Actionable Suggestions: * For Scalpers: Focus on trading the $590-$593 range, aligning with GEX levels and intraday trends. * For Swing Traders: Position for a potential breakout or breakdown from $588-$595 next week, depending on the political backdrop and market reaction. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Here's a trade setup idea based on recent analysis: Trade Plan: - Entry Zone: Consider a buy within the green support box (~$217.80 - $224.76). - Stop Loss: Place it below $213.56 to limit risk. Targets: - Target 1: $245.60 - Target 2: $269.22 (higher resistance zone) Reasoning: - The stock appears to be in a corrective phase within a strong uptrend. - Expecting a rebound from the green support area based on Fibonacci levels and Elliott Wave analysis. The overall trend remains bullish, with potential for higher highs after this pullback.
USDCHF Analysis & Forecast – Bearish Breakdown Below Resistance Zone ? Market Overview: USDCHF has recently rejected its resistance zone and broken down from its upside trend, signaling a shift towards a bearish market structure. The pair is now heading toward selling pressure at the 0.91090 level, with the next technical target being around 0.089000. This breakdown indicates potential further downside momentum. ? Key Levels to Watch: Resistance Zone: 0.92000 Current Selling Zone: 0.91090 Technical Target: 0.089000 Support Level: 0.90810 ? Price Action & Outlook : The rejection at the resistance zone near 0.92000 has been followed by a breakdown, indicating that sellers have gained control of the market. The immediate target for this bearish move is 0.91090, and further downside toward 0.089000 is likely if selling pressure continues. The key support level to monitor is 0.90810, as a break below this level could accelerate the bearish momentum.