Hello Guy's this is My OverView For BTC/USD, Feel Free To Check It And Write Your Feedback In Comments Please do not forget the like button, Share it with your friends,thanks, and Trade safe. My Analysis for XAU/USD (Gold Spot vs. U.S. Dollar) on 4-hour timeframe critical market levels, "Strong Support Area" and "Resistance Area ." Traders are advised to execute a sell order at 2650, with a stop-loss set at 2672 to manage risk. Two take-profit targets are established at 2635 and 2620, outlining profit-taking points if the price moves downward. The analysis also provides insights into potential market movements within these key zones, offering traders clear entry and exit strategies for maximizing gains in the gold market. Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies.
Bitcoin likely is not done yet and I see another rally coming sooner than later. The upside target might be around 120K mark. Its in a bull flag pattern as I see it. I have discussed more about this and ETH in my Market update video here: https://youtu.be/CAJlPjhFLXI All the best. Marketpanda Disclaimer: The information provided is for general informational and educational purposes only, and does not constitute financial, investment, or legal advice. None of the content shared should be relied upon as the sole basis for making investment decisions. Prior to making any financial or investment decisions, it is strongly recommended that you consult with a qualified financial advisor, accountant, or other professional who is familiar with your individual circumstances and risk tolerance. Any reliance you place on the information presented is strictly at your own risk, and we are not responsible for any losses, damages, or liabilities resulting from your investment or trading activities.
Flat opening expected in nifty near the 23750 level. No major changes in yesterday's levels due to the consolidation movement. Expected downside movement if nifty trading below 23750 level this downside movement can goes upto 23550 level. Any major upside rally only expected above the 23800 level.
After Trading in a small consolidation SPX looks to pick back up on its Bullish movement. - Price has broken and now retesting bearish trendline. -Price swept the lows of the liquidity and is now retesting the previous resistance of the zone. The Retest is taking place at the H1 lvl resistance 5,903 - Rejection wick with an inside bar pattern - There's a weak bullish divergence with the previous low. -Wait for your entry signal
Short Term Elliott Wave view in Nasdaq (NQ) suggests rally to 22454.7 ended wave ((3)). Pullback in wave ((4)) is now in progress as a zigzag Elliott Wave structure. Down from wave ((3)), wave 1 ended at 22206 and rally in wave 2 ended at 22387.75. The Index resumed lower in wave 3 towards 21311 and rally in wave 4 ended at 21697.75. Final leg wave 5 lower ended at 21006.5 which completed wave (A). Rally in wave (B) unfolded as a zigzag structure. Up from wave (A), wave A ended at 21812.25 and wave B ended at 21476.75. Wave C higher ended at 22111.25 which completed wave (B) in higher degree. The Index has turned lower in wave (C). Down from wave (B), wave ((i)) ended at 21870.25 and wave ((ii)) ended at 22076.25. Wave ((iii)) lower ended at 21253 and rally in wave ((iv)) ended at 21571. Wave ((v)) lower ended at 21121.75 which completed wave 1 in higher degree. Rally in wave 2 unfolded as an expanded flat where wave ((a)) ended at 21490.5 and wave ((b)) ended at 20983.75. Wave ((c)) higher ended at 21896.75 which completed wave 2 in higher degree. The Index then turns lower again in wave 3. Near term, as far as pivot at 22454.77 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.
Hi there, This is my updated analysis on XRP, I believe the price is forming another rising wedge in this small bull flag, I believe this is the last wedge we'll see before attempting to break ATH. I believe the price could re-attempt the pennants resistance which would be $2.43-$2.44 where I think it'll be rejected. I think this would be a good idea for a short entry around this area. The broken wedge would then break down upon rejection heading for $2.19-$2.22. Price could also wick lower down towards $2.08. Please bare in mind that there could be chance of more rising wedges forming on price decreasing as we're in a bull-flag, it's normal. Conspiracy side: CTO @ Ripples recent tweet showing direction. Coincidentally after this post the price dropped significantly, the next arrow shows more sideways down movement then sideways movement to which it eventually goes up. Brad Garlinghouse also met with Trump this evening which could signal there is potential deals being made behind the scenes. Confirmation will be a bounce from the white resistance line that I have drawn to the support level also identified in white. A bounce from the support would signify that this pattern is in play. Trade with care. Patience is rewarded. DO NOT enter until there is confirmation. I am looking for entries around $2.19/$2.22 or $1.96/$2.08 - a big area to cover but who knows when a breakout is imminent. Thank you for taking time to view my analysis, feedback is greatly appreciated.
PEPPERSTONE:HK50 HSI:HSI Helloy bello everyone! Seems like the party ain't ending soon, is dancing cha-cha for the past few 1H candles From the 4H, it seems inching down. as the MACD & KDJ both indicating bearish mode. Cross-checked with broader tf chart - D chart. And it's at oversold zone; keep an eye as it may rebound. https://www.tradingview.com/x/3ah1j196/ The 1H chart - the Index grasping at the level between 19200-19500 Support : 19200 (yesterday texted 19224; if breaks then next 18960) Resistance :19500 (if breaks then 19650). For day trade: same strategy, sell at resistance (19370-19400); buy/TP at support (19250-19270). Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator. For swing trade : Set your tf, have your entry and exit plan. For slightly mid-long term trade (more than 9months - 36months++) : You may plan and DCA the Index. You may take a long position on HSI Tracker Fund 2800 HKEX:2800 The Index is currently in a discount zone as it's traded 30% above its historical all-time-lo (ATL); Ignore the news and plan for your long term capital gain game plan, be patience and zen. The law of attraction; we know that whatever bottom eventually rebounds, it's a matter of time. DYODD. Plan your trade, do not listen to anyone. You can't make the money beyond your realm of capabilities. Sticktoyourplan follow your trading strategy. Set your SL/TP. Once all is set, let's zen with ? and ? wait for the results. Happy Trading Everyone!
Tuesday: Intra Day Market Update Nas100 so far has had a range of 600 +- point. Currently below our beginning opening price. Bouncing off *Resistance Zone 1. ________ Previous Outlook: Market Anticipated Performance: - The Markets will Range till after the Inauguration and after earnings report. - My bias is a range of 1,300 +- points , from 20,800 +- to 22,100. ________ Weekly Bias: Price peaking at 22,425 +- (ATH's), has retraced and seems to be ranging; within previous bias. Caution: Even though Weekly Trend is Bullish, lower timeframes like the Daily look bearish. Daily Bias: Currently the market is creating Lower High's - However, it created near equal Lower Lows, indicating a Strong level of support. Current price action indicates a continuation to *Support 0. With a possible drop to *Resistance 1 (20,670 +-) Hourly Bias: Hourly bias is bearish; confirming Daily bias and direction. 5 Minutes Bias: Current price action suggest a recovery from Tuesday's drop (9:50 PM EST). ____________ *** I remain with my previous bias for the week. Market Anticipated Performance: - The Markets will Range till after the Inauguration and after earnings report. - My bias is a range of 1,300 +- points , from 20,800 +- to 22,100. Considerations: - Presidential inauguration, 01/20 - Earnings Reports, 01/20 - Red Folder News, 01/07 till *ongoing. _____________ How to Trade for Week of 01/06/24 - 01/10/25: - I am looking for price to retrace to *Area of Support 0. Where I look for a continuation down or a reversal. - Zone to Zone and pattern trading till 01/20
#NASDAQ made a bad pattern which can made the whole market drop there's a down spike we can name it 1st wave then a 5 wave correction structure we can call it triangle correction and now we are waiting for wave D and E after that heading to 3rd wave and the next drop
The chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook. Key Observations The symmetrical triangle indicates indecision in the market, with buyers and sellers converging. Holding above the MA50 signals strong support and a likelihood of upward momentum. A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement. Targets Upon Breakout $61 - $149 Strategic Implications Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.