DEEPAKFERT -LOOKING BULLISH - With Year on Year & QoQ increased Earnings with DOUBLE BOTTOM & SPRING pattern developing on charts - looking for a bullish trades.
This CADJPY trade setup highlights a clear bearish continuation pattern identified using Quant AI. With precise entry and exit points, it offers a well-balanced risk-to-reward opportunity for traders. Key Details: Entry: 109.06 Stop Loss: 109.48 Take Profit Targets: TP1: 108.01 TP2: 106.95 TP3: 105.89 Analysis: Market Structure: A clean break of structure (BOS) at resistance levels confirms bearish momentum, supported by lower highs and lower lows. Sentiment Analysis: Quant AI reflects strong bearish sentiment across multiple timeframes, reinforcing the validity of this trade. Indicators Used: Multi-timeframe signals align perfectly with Quant AI's bearish indications on the 15M, 1H, and 4H charts. Risk Management: Stop-loss is set at 109.48, ensuring limited downside risk. Profit targets are strategically placed for maximum potential with a strong risk-to-reward ratio.
I’ll be honest—when I started trading, I had no idea what I was doing. I’d open a 15-minute chart, see what looked like a good setup, and jump in. Sometimes I got lucky, but more often than not, the market turned against me. I remember one trade in particular that still stings when I think about it. I was trading EUR/USD on the 15-minute chart, and I spotted what I thought was the perfect breakout. Without hesitating, I entered. An hour later, the market completely reversed, and I was stopped out. Frustrated, I zoomed out to the daily chart, and there it was: I’d entered a buy trade right into a major resistance zone during a long-term downtrend. That trade taught me a hard truth: if you don’t look at the bigger picture, you’re setting yourself up for failure. How I Changed My Approach After that trade, I knew I had to change how I looked at the market. I started using multiple timeframes, and it made all the difference. Here’s how I do it: 1️⃣ Start Big (Monthly and Weekly Charts): I always start with the monthly or weekly chart to get the big picture. Is the market trending up, down, or just moving sideways? Are we approaching any major levels that could cause a reversal? For example, if the monthly chart shows a strong downtrend, I know I’ll only be looking for sell setups. That keeps me from fighting the overall momentum. 2️⃣ Zoom In (Daily and 4-Hour Charts): Once I’ve got the big picture, I move to the daily or 4-hour chart. This is where I refine my plan. I look for key levels like support and resistance or patterns like consolidations and pullbacks. These timeframes help me figure out where the market is likely to go next, and they’re where I start building my trade idea. 3️⃣ Precision Entries (30-Minute and 5-Minute Charts): Finally, I drop to the lower timeframes—30-minute and 5-minute charts—to time my entry. This is where I wait for confirmation. Maybe it’s a candlestick pattern, a breakout with volume, or a pullback to a key level I spotted earlier. This part takes patience. There have been so many times I’ve almost jumped the gun, but waiting for that confirmation has saved me more times than I can count. My Secret Sauce Here’s the approach I stick to every single time: 1. Align with the bigger picture. If the monthly and weekly charts are trending down, I only look for sell setups. I don’t care what the smaller timeframes say—sticking to the big picture keeps me disciplined. 2.Identify key levels. On the daily and 4-hour charts, I mark the major support and resistance zones where the market is likely to react. 3.Wait for confirmation. When the price reaches one of my levels, I don’t jump in right away. I wait for the 30-minute or 5-minute chart to give me a clear entry signal. Here’s the real kicker: I’ve learned to walk away if nothing aligns. No trade is better than a bad trade, and patience has become my best tool. Switching to multiple timeframes has completely changed the way I trade. It taught me to be patient, to respect the market, and to stop forcing trades that don’t make sense. If you’ve been struggling with timing your entries or feel like you’re always one step behind, I get it—I’ve been there. Try this approach. Start with the bigger picture, work your way down, and let the market come to you. And if you’ve got questions or want to know more about how I trade, send me a DM or check out my profile. I’m happy to help—you don’t have to figure it all out alone. Kris/Mindbloome Exchange Trade What You See
This EURJPY setup leverages Quant AI’s advanced analysis tools to identify a strong bearish opportunity. With a precise entry, clearly defined risk levels, and multiple profit targets, this trade offers an excellent risk-to-reward ratio. Key Details: Entry: 161.4 Stop Loss: 161.91 Take Profit Targets: TP1: 159.94 TP2: 158.49 TP3: 157.03 Analysis: Market Structure: The price action shows a rejection from key resistance levels, coupled with a confirmed break of structure (BOS), signalling further bearish momentum. Sentiment Analysis: Quant AI highlights strong bearish sentiment across higher timeframes, reinforcing the validity of this trade. Indicators Used: Multi-timeframe alignment from Quant AI indicates bearish trends across the 15M, 1H, and 4H charts, confirming the downtrend. Risk Management: Stop-loss is positioned at 161.91 to minimize risk, with take-profit levels optimized for a strong 1:3 risk-to-reward ratio. ? Take Your Trading to the Next Level with Quant AI! Visit www.tradequantai.com to discover professional-grade tools and actionable insights.
Dow Jones ( TVC:DJI ) will create another green year: https://www.tradingview.com/x/TLJoOi6C/ Click chart above to see the detailed analysis?? For the past 15 years, the Dow Jones has been respecting two significant rising trendlines. With each of the previous cycles being around +80% and corrections always starting with the new year, everything is pointing towards another phenomenal stock market year. Levels to watch: $50.000 Keep your long term vision, Philip (BasicTrading)
Litecoin (LTC), one of the earliest and most established cryptocurrencies, has recently entered the burgeoning race for a spot Bitcoin ETF, mirroring similar efforts in other cryptocurrencies like XRP. This development, coupled with growing community support for Lightchain AI following the rollout of ETF trading features, has ignited renewed interest and bullish sentiment in the Litecoin market. Canary Capital's recent Litecoin ETF filing has sparked a market rally, coinciding with a period of anticipated leadership change at the Securities and Exchange Commission (SEC).1 This article explores these developments, analyzing their potential impact on Litecoin's price and its position within the broader cryptocurrency ecosystem. Litecoin Joins the ETF Race: A Sign of Maturing Market The filing for a Litecoin ETF marks a significant step in the cryptocurrency's evolution. Exchange-Traded Funds (ETFs) offer investors a regulated and accessible way to gain exposure to an asset without directly holding it.2 The potential approval of a Litecoin ETF could open the door to a wider range of institutional and retail investors, driving increased demand and liquidity for LTC. This move mirrors the ongoing efforts to establish a spot Bitcoin ETF and recent developments surrounding XRP. The pursuit of ETFs for various cryptocurrencies reflects a growing acceptance of digital assets within traditional financial markets. It also signals a maturing market, with increasing regulatory scrutiny and the development of more sophisticated investment vehicles. Canary Capital's Filing and Market Reaction Canary Capital's filing for a Litecoin ETF has been a catalyst for positive market movement.3 The announcement triggered a noticeable price rally for LTC, demonstrating the market's anticipation of potential ETF approval. This reaction highlights the significant impact that regulatory developments and institutional adoption can have on cryptocurrency valuations. The timing of Canary Capital's filing is also noteworthy, coinciding with anticipated leadership changes at the SEC. This transition could potentially lead to a shift in regulatory approach towards cryptocurrencies, potentially creating a more favorable environment for ETF approvals. Lightchain AI and ETF Trading Features: Enhancing Litecoin's Ecosystem The development and growing community support for Lightchain AI, particularly following the rollout of ETF trading features, further strengthens Litecoin's position. Lightchain AI aims to enhance Litecoin's functionality and scalability, potentially addressing some of the network's limitations. The integration of ETF trading features within the Litecoin ecosystem provides users with more convenient access to ETF-related products and services. This integration can further drive adoption and usage of Litecoin, particularly among investors interested in participating in the ETF market. Technical Analysis: Trading Above the 20-Day MA From a technical analysis perspective, Litecoin trading above its 20-day moving average (MA) is generally considered a positive signal. The 20-day MA is a widely used indicator that tracks the average price of an asset over the past 20 trading days.4 When the price crosses above this average, it can suggest a shift in momentum from bearish to bullish. This technical indicator, combined with the fundamental developments surrounding ETFs and Lightchain AI, paints a more comprehensive picture of Litecoin's current market position. Challenges and Considerations Despite the positive developments, Litecoin still faces challenges. The SEC's stance on cryptocurrency ETFs remains a significant hurdle. The regulatory landscape for digital assets is still evolving, and there is no guarantee that a Litecoin ETF will be approved. Competition from other cryptocurrencies also poses a challenge. While Litecoin has the advantage of being one of the earliest cryptocurrencies, it faces competition from newer and more innovative projects.5 Long LTC: A Bullish Perspective The phrase "Long LTC" expresses a bullish sentiment towards Litecoin, suggesting a belief that the cryptocurrency's price will rise in the future. This sentiment is supported by several factors, including the potential for ETF approval, the development of Lightchain AI, and positive technical indicators. However, it's crucial to remember that investing in cryptocurrencies is inherently risky. Market volatility, regulatory uncertainty, and technological developments can all impact the price of digital assets. Conclusion Litecoin's entry into the ETF race, coupled with community support for Lightchain AI and positive technical indicators, has generated significant excitement within the market. Canary Capital's ETF filing and the anticipated SEC leadership change have further fueled this momentum. While challenges remain, the combination of these factors suggests a positive outlook for Litecoin. The potential approval of a Litecoin ETF could mark a turning point for the cryptocurrency, opening it up to a wider audience and solidifying its place within the evolving financial landscape. As always, investors should conduct thorough research and exercise caution when investing in cryptocurrencies.
WTI Crude Oil is neutralizing the previously overbought 1D technical outlook (RSI = 69.520, MACD = 2.080, ADX = 64.888) as after crossing over the R1 level, it is pulling back under it. Technically this has been mirroring the March-August 2023 fractal and based on that, we should see this pull back almost reach the 1D MA50. A buy opportunity is waiting there and our target is the 1.618 Fibonacci level (TP = 86.00). See how our prior idea has worked out: https://www.tradingview.com/chart/USOIL/irUmHMst-WTI-CRUDE-OIL-Bullish-fractal-from-2023-targets-78-50/ ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
What Are Pivot Points? Pivot points are a popular technical indicator used by traders to help them predict significant areas in the market, such as potential support and resistance levels. These points are calculated by averaging the high, low, and closing prices of a previous period (which could be a day, a week, or a month) to establish possible trading zones for short-term traders. It’s important to remember that traders calculate pivot points in different ways depending on their strategic goals, but in this report, we will focus on a default calculation. Understanding Pivot Points When a market trades above its previous pivot point (P), it is considered a bullish signal. Conversely, trading below P is seen as bearish. Day traders often use pivot points to help them spot short-term trends. For example, if EUR/USD is trading above the previous day's P, traders might anticipate a continued climb and look to buy the pair before it reaches the next pivot point. This same style of trading can be applied on the bearish side as well, just in reverse. Finding Support and Resistance with Pivot Points Pivot points are not only used to gauge current price action, but also to identify potential upcoming support and resistance levels in a specific trading session. These levels are calculated as follows: Support Levels: S1, S2, S3 Resistance Levels: R1, R2, R3 These levels appear on a chart as parallel lines to P with the corresponding number next to them, such as S1 or S2, and can serve as possible profit targets or areas to open new positions. Calculating Pivot Points While you don’t need to manually calculate pivot points, especially if you’re on TradingView and utilizing our data feeds (i.e. FOREXCOM: GBPUSD ), understanding the calculations can be beneficial to employing these core concepts as you get started. To calculate P: Find the high, low, and closing prices for the previous period. Add these prices together and divide them by three. Then, mark this level on your chart as P. The calculations for S are more complex, but once again follow specific formulas that can be beneficial to understand: S1 = (P x 2) - Previous High S2 = P - (R1 - S1) S3 = P - (R2 - S2) Pivot Points Factsheet Pivot points are a versatile tool that can help traders make informed decisions by identifying key levels in the market. Whether you're a day trader or a swing trader, incorporating pivot points into your strategy can help you prepare and visualize upcoming zones on an intraday chart. Did you learn something new? Our team of researchers and market specialists will be sharing more educational content, so be sure to follow our TradingView account for instant updates. Also, be sure to check out our latest ideas here . Thanks for reading! The FOREX.com team
INDUSTOWERS -- looking bullish With Year on Year & QoQ increased Earnings with DOUBLE BOTTOM AND SPRING pattern developing on charts - looking for a bullish trades
This CHFJPY trade setup highlights a strong bearish continuation pattern identified using Quant AI’s advanced analysis. The setup offers a calculated entry, defined risk management, and multiple profit-taking zones. Key Details: Entry: 171.63 Stop Loss: 172.29 Take Profit Targets: TP1: 170.11 TP2: 168.58 TP3: 167.06 Analysis: Market Structure: A clear break of structure (BOS) indicates a continuation of the bearish trend. The price action aligns with key resistance rejection zones. Sentiment Analysis: Quant AI shows a bearish sentiment across higher timeframes, supporting the short trade opportunity. Indicators Used: Multi-timeframe analysis with Quant AI confirms alignment with bearish signals on the 15M, 30M, and 1H timeframes. Risk Management: Stop-loss is positioned at 172.29 to manage risk effectively, while profit targets are set to maximize returns with a 1:3 risk-to-reward ratio. ? Take Control of Your Trades with Quant AI! Visit www.tradequantai.com to unlock powerful tools and strategies for professional-grade trading.