Gold ( OANDA:XAUUSD ) is moving in the Resistance zone($2,670-$2,653) and near 50_SMA(Daily) and Potential Reversal Zone(PRZ) . According to the theory of Elliot waves , it seems that Gold has finished the main wave 3 , and we should wait for the main wave 4 and correction . I expect Gold to rise again after touching the Uptrend lines or after approaching the Support zone($2,639-$2,631) . ⚠️Note: First, Short position, then Long position. ⚠️Note: If Gold breaks the Support zone($2,639-$2,631), we should expect Gold to fall further.⚠️ ?Be sure to follow the updated ideas.? Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
Hello there I saw a DownTrend Candlle Stick in Monthly chart of ETH and TOTAL2 so i suggest to be worry about this amazing asset that can retest even to 2800 but as I always said ETH can make something that NoOne can ♥ there is no one to be regret of buying ETHeruim
Hypothesis: AMD is has had a downtrend since March 2024, but the macro trend since 2020 is upward. The 174 region is a strong demand region with multiple strong rejections and advances from this level. This level is also in the FIB retracement zone. If 174 doesn't hold, the next level would be ~$95. I'd rather sell then hold through this move to $95. Action: Buying into the demand region in two increments. each order has a stop limit at 115. Sell at 174.
FXOPEN:XAUUSD Gold Price Surge: Key Trading Zones Unveiled Analysis: Chart Description: The chart shows the price movement of CFDs on Gold (US$/OZ) on a 1-hour timeframe. The current price is $2,653.640, with a slight decrease of 5.600 (-0.21%). The chart includes several technical indicators and levels, such as Fibonacci retracement levels, support and resistance zones, and volume indicators. Price Action Analysis: The price has been in an uptrend, as indicated by the series of higher highs and higher lows. There is a significant resistance level around $2,660, which the price recently tested and slightly retraced from. The support levels are marked around $2,639.140, $2,636.510, and $2,633.290. Smart Money Concepts (SMC): The chart shows areas of liquidity and order blocks, with grey zones indicating potential areas of interest for institutional traders. The price recently broke above a consolidation zone, indicating a potential continuation of the uptrend. ICT Elliott Wave Analysis: The recent price movement can be seen as part of an impulsive wave, with the current retracement potentially being a corrective wave. Fibonacci retracement levels (0.382, 0.5, 0.618, 0.705, 0.786) are used to identify potential reversal points. Indicators: The Relative Strength Index (RSI) is above 50, indicating bullish momentum. The volume histogram shows increasing buying pressure, supporting the bullish outlook. Buy Strategy: Entry: $2,642.26737 (near the 0.618 Fibonacci retracement level) Take Profit 1 (TP1): $2,649.23763 (0.382 Fibonacci retracement level) Take Profit 2 (TP2): $2,654.7525 (0.5 Fibonacci retracement level) Stop Loss (SL): $2,639.697825 (below the 0.705 Fibonacci retracement level) Sell Strategy: Consider selling if the price fails to break above the $2,660 resistance level and shows signs of reversal. Entry: Below $2,660 with confirmation of bearish signals (e.g., bearish candlestick patterns, RSI divergence) Take Profit 1 (TP1): $2,653.640 (current price level) Take Profit 2 (TP2): $2,642.26737 (0.618 Fibonacci retracement level) Stop Loss (SL): Above $2,660 resistance level This analysis provides a comprehensive view of the gold price movement using multiple trading strategies and indicators, offering clear buy and sell signals for traders. Follow @alexgoldhunter for daily ideas and minds
Ford was unable to flip its resistance and is now back trading near the support level, with the situation becoming increasingly precarious. NYSE:F has closely followed the Elliott wave count until recently, but now signs of weakness are emerging. If the $9.4 support level is lost, it will invalidate the previous wave count. Analysts remain pessimistic about Ford’s outlook due to persistent challenges. The company faces potential pricing pressures on internal combustion engine vehicles and continued struggles in the electric vehicle market amid an ongoing price war. Additionally, possible tariffs on imports from Canada and Mexico under Donald Trump’s policies could further complicate the situation. At this point, we do not see any compelling opportunities in the current market for $F. A long opportunity may arise only if Ford manages to reclaim the significant resistance level. Until then, the risk-to-reward ratio does not justify any immediate action.
Government Required Risk Disclaimer and Disclosure Statement CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN Trading performance displayed herein is hypothetical. Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance trading results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Trade at your own risk. The information provided here is of the nature of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person’s investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action. Past performance does not guarantee future results. Simulated performance results contain inherent limitations. Unlike actual performance records the results may under or over compensate for such factors such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses to those shown. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. If you purchase or sell Equities, Futures, Currencies or Options you may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain your position. If the market moves against your position, you may be called upon by your broker to deposit a substantial amount of additional margin funds, on short notice in order to maintain your position. If you do not provide the required funds within the prescribed time, your position may be liquidated at a loss, and you may be liable for any resulting deficit in your account. Under certain market conditions, you may find it difficult or impossible to liquidate a position. This can occur, for example, when the market makes a “limit move.” The placement of contingent orders by you, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
Nifty future and banknifty future analysis and intraday plan. Swing idea in stock. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
#FIL breaks the Diagonal Trendline in the 1-Hour TF! ✅ Plan: Waiting for a slight retracement before entering a long position. ? Key Levels: Resistance: PWH $5.57 Support: PWL $4.72
Intro: Previous Day's Plan vs. Actual Chart Movement In the trading plan for 2-Jan-2025, we highlighted key zones for Bank Nifty, such as the Opening Support/Resistance Zone and the Important Resistance . The actual price movement adhered to the plan, respecting the key levels. https://www.tradingview.com/chart/BANKNIFTY/w87fxyLK-BANKNIFTY-Trading-plan-and-levels-for-02-Jan-2025/ The bullish momentum pushed the price into the profit booking zone . This reinforces the reliability of the outlined levels and the importance of analyzing price behavior in these zones. Trading Plan for 3-Jan-2025 If Market Opens Gap Up (200+ Points Above Previous Close): If prices open above the Important Resistance Zone (51,779-51,876) , watch for consolidation in this range. If sustained, it can act as support for an upward move toward the Profit Booking Zone (52,166-52,385) . In case prices fail to sustain above 51,779, look for signs of a pullback toward the Opening Support Zone (51,605-51,659) . ? Action Plan: Wait for confirmation with a 15-minute candle close above 51,876 before entering long positions. Use stop loss at 51,779 to manage risk. ? Trend Indicators: Green: Bullish Move Expected. If Market Opens Flat (Near Previous Close): Observe price behavior near the Opening Support Zone (51,475-51,571) . Sustained trading above this zone can trigger a recovery move toward 51,779-51,876 . However, a breakdown below 51,475 could lead to a bearish trend toward the Retracement Level (51,232) . ? Action Plan: For long trades, wait for a breakout above 51,605 with stop loss at 51,475. For short trades, consider entry below 51,475, targeting 51,232 with a stop loss at 51,571. ? Trend Indicators: Yellow: Sideways Trend Expected. If Market Opens Gap Down (200+ Points Below Previous Close): In case of a gap-down opening near 51,232 , watch for price recovery to test the Opening Support Zone (51,475-51,571) . If prices fail to recover and sustain below 51,232, expect further downside. A bounce back above 51,232 can create an opportunity for a reversal move toward 51,475 . ? Action Plan: For long positions, wait for confirmation of a reversal above 51,232. For short trades, consider entry below 51,232 with a target of 51,000. ? Trend Indicators: Red: Bearish Move Expected. Risk Management Tips for Options Trading: Avoid over-leveraging in volatile market conditions. Always maintain a risk-to-reward ratio of at least 1:2. Use stop-loss orders based on 15-minute or hourly candle closes to prevent large losses. Adjust position sizing to suit your risk appetite and market volatility. Summary and Conclusion: The key levels for Bank Nifty on 3-Jan-2025 are: Resistance: 51,779-51,876 and 52,166-52,385. Support: 51,475-51,571 and 51,232. Understand the trend based on price action in these zones: Green for bullish opportunities, Yellow for consolidation, and Red for bearish trends. Trade cautiously and stick to the plan for optimal results. Disclaimer: This trading plan is for educational purposes only. I am not a SEBI-registered analyst. Please consult your financial advisor before making any trading decisions.
Recent market trends suggest that gold may soon reach the $2,585 level. With various economic indicators pointing towards potential fluctuations in the global economy, it’s crucial to keep an eye on this precious metal. As we navigate through ongoing global issues, many analysts believe that gold may soon be poised for a retest. The precious metal has been showing a long-term downtrend, raising questions about its future trajectory.