China theme seems too beaten down but looks like Chinese Tech will pop up in short to medium term. Entry : 36 Stop Loss: 34.50 Exit: 48 to 54 Range (Depending on how the trade unfolds) Time: End of Feb 2025 This could be a good 25-30% gain. 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.
Looks like a double bottom to me. Indicating that its going into an UP trend. Plus " Drill baby Drill" and the Trump Administration should push it up.
Gift me a sub if this idea works out ;) Yummy looking short ratio as well as this untouched level makes me feel pretty confident on this fella.
TLDR SYNERGY SYNERGY SYNERGY SPX will continue its rise and temporarily top between 6050-6099 That will coincide with GME's rise to 35-40 SPX will then decline to 5600ish That will coincide with GME's decline to the BOOM region near the Oct 23rd VWAP SPX will then start a parabolic like climb to 6300-6400 area That will coincide with MOASS
We have done a Loooooooong Term Elliot Wave Analysis starting from 1932 and maybe ending in 2026(or perhaps 2027). If you see the chart in Normal scale, its parabolically going right up, and these type of moves are really bad for the market. So I have just tried to analyze the waves and hope it might help you to exit the markets at the right time. Sayo Nara.................
As one of the oldest tokens on the market since 2014, DigiByte (DGB) OKX:DGBUSDT continues to showcase its resilience through multiple cycles. Here’s a deeper dive into its current and potential movements. Monthly Timeframe On the monthly chart, DGB is trading in a clear accumulation zone, indicating potential preparation for a larger move. The primary liquidity pools are positioned below the zero level and within the Fair Value Gap (FVG) on the weekly timeframe. The highlighted zone within the FVG could serve as an excellent point for partial profit-taking. Observing the timing of this cycle will be crucial to identifying optimal entry and exit points. Based on the Market Mood indicator, the current sentiment in the market is in the Disbelief zone, which often precedes a potential trend reversal. Large players accumulated significant positions back in December 2022, as shown by strong inflows during that period based on my money power indicator A potential breakout toward historical highs remains a possibility, provided strong capital inflows. Hope you enjoyed the content I created! You can support this idea with your likes and comments so more people can see it. ✅ Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only, not for financial investment purposes. Check out my ideas about interesting altcoins in the related section below ↓ For more ideas, please hit "Like" and "Follow"!
FXOPEN:XAUUSD Gold Price Analysis: Key Levels and Potential Reversal Zones The chart displays the price action of CFDs on Gold (US$/OZ) on a 4-hour timeframe. The chart is annotated with various technical indicators and concepts, including Break of Structure (BOS), Change of Character (ChoCH), Fibonacci retracement levels, and volume profile. Price Action Analysis: The chart shows multiple BOS and ChoCH points, indicating shifts in market structure. The price has recently broken below a significant support level around 2,640.978, suggesting a bearish trend. Smart Money Concepts (SMC): BOS and ChoCH annotations highlight key areas where institutional traders might have entered or exited positions. The recent BOS at 2,640.978 suggests a potential continuation of the downtrend. ICT Elliott Wave Analysis: The chart shows potential Elliott Wave patterns with corrective waves forming within the highlighted Fibonacci retracement zones. The 0.382 (2,659.5136) and 0.786 (2,594.0628) Fibonacci levels are key areas to watch for potential reversals. Volume Profile: The volume profile on the right side of the chart indicates high trading activity around 2,726.130 and 2,601.810, which can act as resistance and support levels, respectively. Indicators: The MACD histogram at the bottom shows a mix of red and green bars, indicating fluctuating momentum. Buy Strategy: Entry: 2,601.810 (near the support level and high volume area) TP1: 2,640.978 (previous support turned resistance) TP2: 2,659.5136 (0.382 Fibonacci level) SL: 2,582.264 (below the support level) Sell Strategy: Entry: 2,640.978 (previous support turned resistance) TP1: 2,601.810 (support level and high volume area) TP2: 2,594.0628 (0.786 Fibonacci level) SL: 2,659.5136 (above the 0.382 Fibonacci level) Follow @Alexgoldhunter for more strategic ideas and minds This detailed analysis incorporates various trading strategies, including Price Action, Smart Money Concepts (SMC), and ICT Elliott Wave strategies, to formulate comprehensive buy and sell strategies. The indicators displayed on the chart, such as Fibonacci retracement levels, volume profile, and MACD, support the analysis and identify key levels for entry, take profit, and stop loss.
CDSL MTF Analysis CDSLYearly Demand 994 CDSL 6 Month Demand 1,203 CDSLQtrly Demand BUFL 1,664 CDSLMonthly Demand 1,664 CDSLWeekly Demand 1,664 CDSLDaily Demand DMIP 1,766 ENTRY -1 Long 1,766 SL 1,720 RISK 46 Target as per Entry 2,530 Last High 1,990 Last Low 1,720 ENTRY -2 Long 1,680 SL 1,630 RISK 50 Target as per Entry 2,710 Last High 1,990 Last Low 1,630
Market Context The ES Futures market is currently balancing, with a defined pivot point at 5964. This plan focuses on trading around the pivot while targeting key upside and downside levels. We’ll also prepare for potential failure scenarios where the market tests beyond key levels but fails to sustain momentum. Key Levels Pivot (Midpoint): 5964 Upside Targets: 6056 6107 6146 Downside Targets: 5875 5819 5785 ?? Strategy Overview Objective: Trade within the balancing market, utilizing the pivot (5964) as a directional bias. Prepare for possible breakout failures near key levels. Risk Management: Place stops just outside extreme levels to mitigate breakout traps. Execution Plan: Execute trades systematically based on price action confirmation near pivot and target levels. Trade Execution Plan Pivot Zone: 5964 If price holds above 5964: Look for long opportunities targeting upside levels. If price breaks and holds below 5964: Look for short opportunities targeting downside levels. Upside Trade Setup: Entry: Enter long positions near 5964 on confirmation of support (e.g., bullish candlesticks or strong buying momentum). Targets: 6056 6107 6146 Downside Trade Setup: Entry: Enter short positions near 5964 on confirmation of resistance (e.g., bearish candlesticks or strong selling momentum). Targets: 5875 5819 5785 ⚡ Failure Scenarios Looking Above 6146 and Failing: Scenario: The market breaches 6146, signaling a breakout, but quickly reverses back below. Trade Opportunity: Short the market on confirmation of failure (e.g., rejection candles, increasing sell volume). Targets: 6107 → 6056 → Pivot (5964) Stop Loss: Place stops just above 6146 to avoid prolonged breakout risk. Looking Below 5785 and Failing: Scenario: The market breaches 5785, signaling a downside breakout, but quickly reverses back above. Trade Opportunity: Long the market on confirmation of failure (e.g., rejection candles, increasing buy volume). Targets: 5819 → 5875 → Pivot (5964) Stop Loss: Place stops just below 5785 to avoid prolonged breakout risk. Fake Breakout from Pivot (5964): Scenario: The market shows a breakout from 5964 but fails to sustain momentum and reverses. Trade Opportunity: Trade in the direction of the failed breakout, targeting the opposite side of the range. Stop Loss: Place stops just outside the failed breakout level. ? Risk Management Position Sizing: Risk no more than 1-2% of your account balance per trade. Tighten stops to minimize loss in failure scenarios. Break-Even Adjustments: Move stops to break-even once the first target is achieved. ? Trade Monitoring Order Flow Analysis: Monitor volume and order flow near key levels for signs of breakout or failure. Market Context Update: Adapt the plan if the market establishes a new range or breaks out of balance. ? Exit Plan Take profits incrementally at each target. Exit immediately if the market signals sustained breakout momentum beyond extreme levels. ? Stay disciplined and adapt to price action! #ESFutures #WeeklyPlan #BalanceZone #RiskManagement
A new Element on The Binance. It has came down to Elliot 5. I try to trade the point 4! That is just the first target. Good luck for everyone! I'm just a paper trader! :-)