On the 1-hour timeframe, ALGO has broken below the black support trendline, indicating bearish momentum. Setup Details: Target: Green zone (potential support level). ⚠️ Note: Monitor closely as the price approaches the target zone and manage your risk carefully. This setup presents a potential short opportunity.
Gold has been moving very slowly last week due to holidays. Nevertheless, we still see a red 2w candle and this is the confirmation of further downside pressure. Although overall trend is bullish, the correction in my opinion is not over. I expect price should continue to drop to at least 2482 level or even to 50% fib level at 2388. In short, I will engage mostly short orders next week. If 2600 is broken, it is a confirmation of further downside opportunities.
TESLA NASDAQ:TSLA | FROM SUPERCHARGE TO SHORT CIRCUIT Dec28'24 Tesla Zones: Tesla BUY/LONG ZONE (GREEN): $434.00 - $480.00 Tesla DO NOT TRADE/DNT ZONE (WHITE): $421.00 - $434.00 Tesla SELL/SHORT ZONE (RED): $360.00 - $421.00 Tesla Trends: Tesla Weekly Trend: Bullish Tesla Daily Trend: Bullish Tesla 4H Trend: Bullish Tesla 1H Trend: Bearish The trend indicator displayed also shows that Tesla has now flipped to a bearish trend on the 1H timeframe, however; there is a glitch when publishing that turns the 1H Trend to Bullish. A screenshot will be posted below. NASDAQ:TSLA had a strong bullish rally, but has recently seen struggles to continue the upwards momentum. My previous bullish target on Tesla was hit almost immediately after publishing at 400.00, so I held on for the ride to catch more movement and did not consider any new DNT or Bearish zones until a retracement below 449.90. The bullish rally peaked at 488.50, until we saw a drop of over 10% reaching all the way to 427.00. Price then pulled back to the start of the bearish trend where we saw strong momentum to the downside (break over 434.00 with a retest of 465.00). Bears recently broke down structure and continued the trend that initially started at 465.00; now we see price currently resting below my level at 434.00. My previous Tesla analysis will be linked below, use the forward area to see how it played out! This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, sp500, s&p, fed, federalreserve, fedrate, fedratecut, interestrate, jeromepowell, fedchair, 50bps, volatile, volatility, teslaevent, teslanews, teslaanalysis, teslatrades, teslaoptions, tsla, tesla, tslanews, teslatrend, teslamotors, elon, elonmusk, presidentelon, elonideas, elonnews, x, elonx, eloncompanies, spacex, teslaspacex, elonspacex, theboringcompany, twitter, teslatwitter, elontwitter, tslatrend, teslabuys, teslasells, teslastructure, teslamomentum, teslabulltrend, teslabeartrend, teslabearishmomentum, teslarally, teslapatterns, teslapatterntrading, ndq, qqq, techstocks, ev, evstocks, teslaproducts, teslamodels, teslacars, teslasolar, teslazones, teslalevels, teslaideas, tradingwithtony, tonyaiello, tonystrades, teslaindicators, tradingindicators, trendindicators, teslatrendindicator,
Currently trading at ₹1,817, Interarch is showing strong upward momentum on the daily chart after a recent breakout. Key Observations: Support Levels: Strong support at ₹1,700, with a secondary base near ₹1,550. Resistance Levels: Immediate resistance near ₹1,900, with potential to test ₹2,050-2,100 in the coming weeks. Indicators: RSI at 63.70, indicating bullish momentum without being overbought. Sustained volume spike confirms breakout strength. Strategy: Entry: On a pullback near ₹1,800 or a breakout above ₹1,900. Targets: ₹2,000 (short term), ₹2,100 (positional). Stop-Loss: Below ₹1,690 to manage risk effectively. Focus on volume confirmation for sustained upside!
Experimental Chart Calculated bottom to bottom time
Current market performance looks like December 2022 where the market had volatility in the last days of the year, the market tested twice the September & November 2022 lows and built a base with decent volume before the summer of 2023 rally which had a winter level testing from September to early October 2023, and continued to rally from November 2023 to April 2024 where there was a level testing before another summer rally from late March 2024 to early July 2024 where the market tested again levels until late August when the market rallied until mid December of this year (2024). I think that current level testing is done (because the stochastic bounced off oversold levels), but key levels to watch in AMEX:SPY until it ends are: Green (buy level): 570.5 Yellow (straddles level): 590.5 Red (sell level): 630.5 That's all.
AVAX is in a bearish pattern which is an Inverse cup and handle pattern. despite the Bullish cross on Stochastic, I still think the movement is gonna be bearish The supports are shown on the picture ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. ? Follow me for daily updates, ? Comment and like to share your thoughts, ? And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! ?✨
Here on forex forecast i show you what might happen on xauusd for this coming week so you can apply it on your trade . So remember you should expect shorting the market as told on the analysis
Btc is sitting around 94k at the time of writing. If btc breaks structure below 93.4k then btc will have a major break down to as low as 67-70k Right now its sitting on a resistance line that has been a strong resistance line since feb. The whispers of btc is starting to make it rounds new stations are talking friends and family are making comments these are all signs that btc could break down the whales are waiting for the moms and pops, pension money to feed there profits.. Wait for the major structure line to be broken. Now is the time to be buying altcoins befor its too late. Also as iv said time and time befor there is a major paranolic curve dating back since 2013 that has dictated the bottom of every btc bear market if this continues then a i believe the bulls will be buy back around 70k to create the double top for btc around 120k
The First Wave is in Extension with 13 Moves. The Third Wave crossed above 161.8%. Currently the Gokul Agro Resources is in its correction Phase and may fall Max-38.2%