Signalist has detected a precise pattern in NYSE:ABBV FUBO trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event. ? What to Expect: ⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles. ? Monitor the Charts: Keep an eye on ABBV’s price action over the next few candles. Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
This is my long-term Elliot Wave analysis of the Gold chart to show all of the possible Wave 3 price targets. Wave 3's tend to form an identifiable upward channel ... this Bull will last until at least Jan 2026 but could extend until March 2034
Similiar to Aussie dollar, but this trend isn't as strong as that, only go long on this one if the current trend stays the same as Aussie dollar
NIK225 - 24h expiry Price action looks to be forming a bottom. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 39280 level. We look to Sell at 39280 (stop at 39607) Our profit targets will be 38345 and 37705 Resistance: 39660 / 40720 / 42155 Support: 37705 / 36330 / 34955 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
the green bars has a clear signal that the following trend will be long from here, but be careful if it keeps going down, so a stop-lose is a must
https://www.tradingview.com/x/VNyVrwUG/ HCLTECH has had a phenomenal run from ₹12.9 in September 2001 to ₹2,012.2 earlier this month, a growth of ~15,500% in 279 months, averaging 40% annually. But is it all about to end? 5/35 MACD, which I love to use to validate my EW count is showing a massive divergence on the weekly charts combined with a big high-volume engulfing bar concurrently taking shape. I can also count clear 5 waves on the monthly charts. Based on my calculations, I can see two targets on the downside: 1418 and 970 . Do share your opinions below. Best!
Dow Jones is still in a pullback in this downtrend. I am still bearish on Dow Jones until it hits its measured move. I am looking for my strike zone inside of the circle. Market target is 40,625 or the golden line. September 11th is suspended just above this level.
Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral around 6000. Market is close to the daily 20ema, bear trend line and big round number 6000. I won’t even think about longing this but it’s obviously wrong to short too early. As long as bulls keep it above 5950, they are good and in full control of the market. Targets above are 6030 and then 5050. If bulls break above the bear trend line, there aren’t many reasons why we could not just melt to 6100+. comment: Huge bull day but right at multiple prior resistances. Bad buy no matter how you put it. I would actually not be surprised if we trade below 5950 or lower tomorrow. We have been going wildly up and down in this bear wedge/channel and that pattern is valid until clearly broken. current market cycle: trading range (bear channel/wedge on the daily tf) key levels: 5900 - 6030 bull case: Bulls got the big move from the CPI news and they want to test the bear trend line and break above it. It’s just not a good buy and hoping for a breakout. I won’t make stuff up here. If bulls break above 6020, next target is 6068 and then 6100. Invalidation is below 5795. bear case: Bears need anything to stop the rally. They have good arguments with the daily ema, bear trend line and big round number 6000. They came around the prior weeks and until that bear trend line is broken, I expect them to keep this a lower high as well. It would be pretty funny if we completely reverse today before we go into the weekend. Invalidation is above 6030. short term: Bearish below 5950 and bullish only above 6020. Neutral in between. medium-long term - Update from 2024-12-22: Ultimately 5200-5300 in 2025. Again, rough guess as of now and since we have not seen a strong first bear leg, these targets are the lowest I am willing to give an honest outlook about. If bears surprise and we see a huge leg down to 5500, we will go much lower for the second and third leg. current swing trade: None trade of the day: Buying the double bottom on the 15m chart around 5956 was good.
NASDAQ:HOOD is breaking out from the ascending triangle. The $49 area is the next target. I added new targets to the chart. Let's hope we hit all of them. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
Quick Takeaways Bullish Momentum Advances: XAUUSD has broken through the 2689 POI, with price currently holding slightly above this level. Target 2726 in Sight: Price is advancing toward 2726, a key resistance and liquidity zone. Traders should monitor closely for either continuation or reversal signals. Inside Bar Setup: The Short-Term HL at 2656 remains a pivotal support level for tracking bullish momentum. Market Context ? November Manipulation: Price broke below the October low, triggering a significant bullish reversal structure. December Rejection: Price rejected the consolidation low at 2605, initiating bullish expansion. January Progression: This week, XAUUSD continues its bullish trajectory, trading above the 2689 POI after a clean breakout. XAUUSD remains in the premium zone over the last 20, 40, and 60 days, reflecting sustained bullish strength as price targets higher resistance levels. Key Technical Levels & Price Action ?️♂️ Current Structure: Short-Term HL: Inside Bar confirmed at 2656, marking a key support area. 2726 Resistance: Price is approaching this key level, which aligns with the range highs and liquidity targets. Scenarios at 2726: Continuation: A breakout above 2726 would confirm further bullish momentum. Reversal: Rejection or consolidation at 2726 could signal a return to the internal range. Action Plan for Traders ? Watch Key Levels: Focus on price action near 2726, assessing continuation vs. reversal dynamics. Use the Inside Bar low (2656) as a reference for risk management if pullbacks occur. Intraday Opportunities: Focus on lower timeframe confirmations (15-minute and 4H) for precision entries. React to price behavior near 2726 to align with the dominant momentum. Stay Flexible: Be prepared for either a bullish breakout or a pullback into the range from 2726, adjusting trade setups accordingly. Conclusion XAUUSD continues its bullish journey, breaking above 2689 and approaching the significant 2726 target. Traders should stay nimble, focusing on price action and reactions near this key resistance zone. Let’s finish Week 03 strong with clarity, focus, and discipline. #XAUUSD #Gold #TechnicalAnalysis #PriceAction