Just looking for some veteran feedback on the tea cup formation. Does this look like it makes sense? All feedback, criticisms, happy thoughts, kind words , and other stuff like that?
Analysis: AAPL is showing significant weakness after a clear rejection near the $260-$265 resistance zone, forming a downward trajectory. It has broken below key support levels, now testing the $228-$230 range. The steep drop suggests bearish momentum is strong, as confirmed by the MACD crossing below zero and Stochastic RSI hovering in the oversold territory. Volume has also spiked, indicating potential capitulation in the short term. Key Levels to Watch: * Resistance Levels: * $240: Psychological resistance, aligned with a call wall. * $244-$245: Major GEX resistance with limited upside if reached. * $260-$265: Strong overhead resistance zone. * Support Levels: * $227-$228: Current key support where PUT walls provide temporary stabilization. * $220: Next critical support, aligning with strong GEX negative levels. GEX Insights: https://www.tradingview.com/x/Ia0bGXEh/ * Gamma Exposure (GEX): * Negative GEX levels dominate, indicating market makers are positioned for higher volatility. * PUT support: Strong at $227-$225, but breaching this level could accelerate selling. * Options Activity: * IVR: Elevated at 53.3, signaling high implied volatility. * Call-to-Put Ratio: Puts dominate, with bearish bets intensifying near $227-$230. Trade Scenarios: Bullish Scenario: * Entry: Break above $232.50 with volume confirmation. * Target: $240 (first target), $244 (extended target). * Stop-Loss: Below $228. Bearish Scenario: * Entry: Break below $227 with increasing selling pressure. * Target: $220 (first target), $213 (extended target). * Stop-Loss: Above $232. Directional Bias: Bearish bias dominates, with a high likelihood of testing lower levels unless $227 holds firm. The broader structure points to a continuation of the downtrend, particularly if overall market sentiment remains weak. Actionable Suggestions: * For Scalpers: Focus on shorting rallies into resistance at $232-$235. * For Swing Traders: Monitor the $220-$227 zone for potential breakdown or bounce opportunities. 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.
On target. YTL covers its gap! But the move down is 0probably not over.
idea shown above. almost a 3 year consolidation on key support with good volume. well above the 3 year moving average.. right at the 1 year and now the 7 year coming into play.. also a nice up channel formed.. would like to see a monthly close above the 1yr and 7yr moving averages
As you might know, open gaps have a fill-rate of 90-95%. Additionally the open CME-gap (1W-basis) has much confluence with important technical levels for support and it lies in the middle of two zones where enormous amounts of USDT-inflows came into the market. 1. the 2024-range (Q1 - Q3) 2. the 2025-range (Q1 at least) Where the new neckline also is, the new support that became resistance appeared. It might also be a good strike for smart money to know that above the biggest orderblock of 2024 support has developed more strength and consequence. So why you don't give it a try to retest it? Here a maximum of buying pressure should lead to a strong bounce of BTCUSD towards a new alltime-high, if and as long as global liquidity rises again. But if not, at least inflation should do half of the bullish job for BTCUSD and a "sideways up" would be my - historically BIASed - expectation. It begins with a shorter short. In the end it might be a very, very quick longer long because of my expectation of rising buying pressure with huge volume delta for the bulls below 78k.
Hear me now, people pon de rydm know not what they see, but what ye hear, ja feel? L-yfe be dealing bool-shit, but us faithful de deejay rydm know not what de simu-layshan deelivah, but only what JAHHHHH delivah! - testify my bredrin. restecpah.
Looking for plays to continue. Just waiting for the right reentry point to get in for the move. Keeping expectations low as we come to close out the week.
Besides all the hype around the inauguration of Trump and the technical rebound we have received. the technical picture and the dynamic of the earlier discussed move in my pod suggests the further consolidation, which is likely to continue while also disappointing the crowd We have come to the bearish fvg where also the 50% of the initial manipulation is located , we are also at the psychological 100 k level, which acts as a strong price point either way. I believe we might receive the final sweep locally on 15 min TF where possibly the setup can be found to enter the trade
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XAUUSD H4 Time Frame Analysis & Forecast – Bearish Rejection at 2724 ? Market Overview: XAUUSD has recently rejected the higher resistance level at 2724, forming a strong bearish candle that signals potential further downside. After this rejection, the price is now likely to continue its downward movement, targeting key lower levels such as 2680 and 2670. The support zone to watch closely is around 2690, which could act as a critical point for price action. ? Key Levels to Watch: Resistance (Rejected): 2724 Current Support Zone: 2690 Next Selling Targets: 2680 / 2670 ? Price Action & Outlook: The strong bearish rejection at 2724 suggests that the bulls have lost control, and the market may now be heading lower. As the price begins to pull back, traders should focus on the 2690 support zone, which may provide temporary support. If this level is broken, look for further downside toward the 2680 and 2670 zones. This bearish momentum could continue unless there’s a reversal above the 2724 resistance level.