AUD/CHF 4H Timeframe Analysis Trend Analysis: On the 4-hour timeframe, AUD/CHF remains in a downtrend, with price initially retesting the minor key support at 0.55900 before moving upward and breaking the minor key resistance at 0.56600. Following this move, price entered a consolidation phase, likely accumulating buyer orders. However, a break below the minor resistance signaled a manipulation stage or liquidity grab, targeting stop-loss orders. Sellers maintained control, pushing the price further down and eventually breaking through the minor key support. During the breakout, we observed seller accumulation around this level, indicated by increased volume. Yet, the price rebounded, liquidating stop-loss orders placed by sellers. Price Action Expectation: With liquidity already formed, the next step is to wait for the price to break below the minor key support again, confirming bearish momentum: Entry Plan: Place a sell stop order at 0.55800 to confirm entry upon breakout. Stop Loss: Set at 0.56200, above the liquidity zone for effective risk management. Take Profit: Target the support at 0.54600, providing a 1:3 risk-to-reward ratio. Key Levels to Monitor: Support Zone: 0.55900 Resistance Zone: 0.56600 Additional Considerations: Watch for bearish candlestick formations and increased volume as confirmation of the breakout. Monitor for potential fakeouts or retracements before the price resumes its downward move. Conclusion: AUD/CHF exhibits strong bearish potential as the price approaches the minor support level at 0.55900. A confirmed break below 0.55800 would signal the continuation of the downtrend, targeting 0.54600 for a favorable 1:3 risk-to-reward ratio. Stay vigilant for market manipulations or liquidity grabs before executing the trade.
*Notice: It is Xmas and New Year holiday so that the Market is very slow and low volume. (reduce volume on your trading position) About this Plan for OANDA:GBPUSD today: - I saw a strong downtrend structure on almost timeframe of GU : D1 - H4 -H1 https://www.tradingview.com/x/FDi1ffkE/ - I saw Confirmed downtrend signal on H1 and also H2 timeframe So I make this plan for SHORT GBPUSD today: Entry Zone: 1.25200 - 1.25300 Stoploss: 1.25700 (=1R) Target Expected: target 1: 1.24500 target 2: 1.23500 (RR= 4.1)
? ⏰1:00pm Crude Oil Inventories GAP ABOVE HPZ: A lot of people are buying into this rally. If we do gap up this can trigger a mechanical event to drop the markets OPEN WITHIN EEZ: Will be rough to continue higher Once again people are buying into this rally. GAP BELOW HCZ: Would trigger great hedging but the markets will struggle to react to it as the markets drop, so it will hold for a little bit #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
Despite the widespread optimism and enthusiastic support for XRP on social media, the broader picture reveals a more nuanced and potentially precarious situation. Social media platforms often amplify sentiments that may not align with underlying market conditions, creating an echo chamber of bullish sentiment. This optimism can be misleading, especially when it fails to account for actual market dynamics like volume trends, liquidity constraints, or institutional participation. A key factor complicating XRP's trajectory is the persistent selling pressure that offsets or even eclipses buying pressure. While social media narratives might suggest strong demand, on-chain data and order book analysis often reveal heavy selling activity. This dynamic suggests that market participants, including whales or early investors, could be offloading their holdings during price rallies, limiting upward momentum. Such consistent selling pressure acts as a ceiling for price appreciation and undermines the ability of XRP to achieve sustained breakouts. This indicates that the bullish consensus may be fragile, relying more on sentiment than market mechanics. The potential for a short squeeze could further complicates the situation. However, selling pressure zeroing out buying pressure could indicate that short sellers have taken aggressive positions against XRP, expecting further price declines. However, this also creates a precarious balance. If buying pressure suddenly spikes due to a catalyst. While this might seem bullish, short squeezes are often temporary and highly volatile, leaving prices vulnerable to retracement once the squeeze subsides. It’s a double-edged sword that could momentarily align with the social media hype but fails to establish long-term stability. Example in the H4 time frame based on XRP:USDT.P https://www.tradingview.com/x/B4TCKkX2/ Short explanation: 1) The main pane shows the price action. We can clearly see in the 4 hours time frame a majority of supply rather than a strong demand action (based on LL HL and retracement) 2) the choppiness level of the market seems to be quite persistent, indicating a clear consolidation path likely mid term lasting 3) the red line indicates the balance between premium and discount , and as we can see at present , the price is tapping constantly the discount area of support provided by the lower band of supply. Some consideration about the BULL flag which I should call it BS flag most of the time when is so wide spread. Here the 4H chart for the current wide spread believe that XRP is creating a bull flag: https://www.tradingview.com/x/7M73b2wZ/ We can see clearly the choppiness of the market is even better visible adding the so called bullish triangle to the actual current price trend which will see some action between the new year eave and the 9th of January 2025: https://www.tradingview.com/x/HRPi91RZ/ In short, if you are an XRP holder spot just keep it , if you are trying to get the so called breakout be aware that market makers know how many retail traders are trying to jump into this high level of choppiness because over leverage is actually visible. Actually as an indicator when you have a good way to identify choppiness in the market , means that we should expect some sort of action soon the choppiness reached its peak. For this I wrote an indicator that you can see in my charts. Price entries for buy : Around 2.150 if does not break the demand zone below (always at least 3 candles confirmation in 3 different time frames) If the demand zone is breached around that zone next one should be around 1.9500 and 1.90 . In between there are also several gaps to be covered so we could also expect a short squeeze and also an array of orders to sweep buy stop losses too.
Market Structure: * SPY is trending within an ascending wedge pattern, holding above key EMAs (9 and 21), suggesting bullish momentum with caution near resistance levels. * Current price at $600 indicates a consolidation phase near critical Gamma resistance levels, with the potential for a breakout or pullback. Key Levels to Watch: * Support Zones: * $598: Immediate support, aligned with the Gamma 2nd PUT wall. * $597: Strong support from the Gamma 3rd PUT wall and wedge base. * Resistance Zones: * $602: Critical resistance; breaking above signals bullish continuation. * $604: Next resistance target near Gamma levels and technical confluence. Indicator Insights: * MACD: Flat but in bullish territory; watch for crossover to confirm momentum. * Volume: Declining during consolidation; expect a spike for a breakout or breakdown. * Options Oscillator: IVR (2.6) indicates low implied volatility, favoring directional plays near GEX levels. Scalping Strategy: 1. Bullish Setup: * Enter on a break above $602 with high volume. * Targets: $604 and $606. * Stop Loss: Below $601. 2. Bearish Setup: * Enter on a breakdown below $598 with bearish momentum. * Targets: $597 and $595. * Stop Loss: Above $599. 3. Tools to Use: * Use RSI and VWAP for intraday momentum confirmation. * React quickly to price action at Gamma-determined levels ($598, $602). Swing Trading Strategy: 1. Bullish Scenario: * Enter on a daily close above $602 with volume confirmation. * Targets: $604 and $606 for a short-term swing. * Stop Loss: Below $600. 2. Bearish Scenario: * Enter if SPY closes below $598 and sustains bearish momentum. * Targets: $595 and $590. * Stop Loss: Above $599. 3. Indicators to Monitor: * EMA (9/21) for momentum confirmation. * Volume spikes to confirm direction near key levels. Options Strategy Based on GEX: https://www.tradingview.com/x/JoosillL/ 1. Bullish Options Play: * Buy a Call Option with a $600 strike expiring in 1-2 weeks. * Target: Exit near $604 or $606. * Stop Loss: Close the trade if SPY falls below $598. 2. Bearish Options Play: * Buy a Put Option with a $598 strike expiring in 1-2 weeks. * Target: Exit near $597 or $595. * Stop Loss: Close the trade if SPY rises above $599. 3. Neutral Strategy: * Sell a Put Credit Spread at $598/$596, profiting from SPY staying above $598. * Maximum profit achieved if SPY remains above $598 by expiration. 4. Advanced Gamma Strategy: * If SPY holds above $602, consider selling a Call Spread at $604/$606 to collect premium while capping risk. Actionable Plan for SPY: * Scalpers should focus on intraday moves between $598 and $602, with quick reactions to price action. * Swing traders can capitalize on breakouts above $602 or breakdowns below $598 with clear targets and stops. * Options traders should leverage low IV and GEX levels for directional or neutral premium-selling strategies. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
Market Structure: * QQQ has formed an ascending wedge pattern, suggesting potential breakout or breakdown scenarios. * Price is consolidating around $529 after recovering from $505 lows, with the 9 EMA and 21 EMA trending upwards, signaling bullish momentum. * A key resistance zone is evident at $531–$533, with strong support at $527. Key Levels to Watch: * Support Zones: * $527: Immediate support aligned with the 2nd PUT wall from GEX and prior price pivot. * $526: Major support near the 3rd PUT wall and ascending wedge base. * Resistance Zones: * $531: Immediate resistance; breaking above opens the door to $533 and $535. * $535: Strong resistance and potential breakout target. Indicator Insights: * MACD: Flat but holding bullish territory; watch for crossover to confirm momentum. * Volume: Lower during consolidation; expect volume spikes near key levels for directional confirmation. * Options Oscillator: IVR (4.9) and net GEX suggest relatively low volatility but key resistance lies at $531 and $533. Scalping Strategy: 1. Bullish Setup: * Enter on a break above $531 with volume confirmation. * Targets: $533 and $535. * Stop Loss: Below $530 to limit risk. 2. Bearish Setup: * Enter on a breakdown below $527 with bearish momentum. * Targets: $526 and $524. * Stop Loss: Above $528 for risk control. 3. Tools to Use: * VWAP for intraday levels and RSI for momentum confirmation. * React quickly to price movements at GEX-determined levels ($527, $531). Swing Trading Strategy: 1. Bullish Scenario: * Enter on a daily close above $531 with high volume. * Targets: $533 and $535 for a short-term swing. * Stop Loss: Below $529 to minimize downside risk. 2. Bearish Scenario: * Enter if QQQ closes below $526 with bearish continuation. * Targets: $524 and $520. * Stop Loss: Above $528. 3. Indicators to Monitor: * EMA (9/21) crossover and RSI levels for trend confirmation. * Volume spikes at support or resistance levels. Options Strategy Based on GEX: https://www.tradingview.com/x/DRHBBpZo/ 1. Bullish Options Play: * Buy a Call Option with a $530 strike expiring in 1-2 weeks. * Target: Exit at $533 or $535 based on price action. * Stop Loss: Close the trade if QQQ falls below $528. 2. Bearish Options Play: * Buy a Put Option with a $527 strike expiring in 1-2 weeks. * Target: Exit at $526 or $524. * Stop Loss: Close the trade if QQQ rises above $529. 3. Neutral Strategy: * Sell a Put Credit Spread at $527/$525, profiting from QQQ holding above $527. * Maximum profit if QQQ remains above $527 by expiration. 4. Advanced Gamma Strategy: * If QQQ holds above $531, consider selling a Call Spread at $533/$535 to collect premium while capping risk. Actionable Plan for QQQ: * Scalpers should focus on intraday moves between $527 and $531 with quick reactions to price action. * Swing traders can capitalize on breakouts or breakdowns from $531 and $527, respectively. * Options traders should leverage low IV and key GEX levels for directional plays or premium collection strategies. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
Market Structure: * IWM has broken its recent downtrend and is consolidating near the $225 level, supported by the 9 EMA and 21 EMA showing bullish momentum. * A strong recovery from the $216 lows positions IWM for potential upside if resistance levels are cleared. Key Levels to Watch: * Support Zones: * $224: Immediate support aligned with previous breakout levels and the Gamma support wall. * $221: Strong support from the recent higher low. * Resistance Zones: * $229: Key resistance from GEX and technical confluence. * $235: Recent highs; a breakout above could trigger further bullish momentum. Indicator Insights: * MACD: Bullish, but histogram indicates fading momentum; watch for potential crossover. * Volume: Consistent buying interest; any surge in volume could signal a breakout or breakdown. * Options Oscillator: Implied volatility is stable (IVR: 8.8), favoring controlled directional moves. Scalping Strategy: 1. Bullish Setup: * Enter on a pullback to $224 with confirmation of a bounce. * Targets: $226 and $229. * Stop Loss: Below $223 to minimize risk. 2. Bearish Setup: * Enter on a breakdown below $224 with increased selling volume. * Targets: $222 and $221. * Stop Loss: Above $225 to manage losses. 3. Indicators to Use: * Use RSI and VWAP for momentum confirmation. * Quick trades aligned with market sentiment around GEX levels. Swing Trading Strategy: 1. Bullish Scenario: * Enter on a daily close above $226 with volume confirmation. * Targets: $229 and $235. * Stop Loss: Below $224. 2. Bearish Scenario: * Enter if IWM closes below $224 and sustains a bearish trend. * Targets: $221 and $216. * Stop Loss: Above $225. 3. Indicators to Monitor: * EMA (9/21) for momentum direction. * MACD and RSI for trend and overbought/oversold levels. Options Strategy Based on GEX: https://www.tradingview.com/x/h2dqAfeM/ 1. Bullish Options Play: * Buy a Call Option at a $225 strike expiring in 1-2 weeks. * Target: Exit around $229 or $235 based on price movement. * Stop Loss: Close the position if IWM drops below $223. 2. Bearish Options Play: * Buy a Put Option at a $224 strike expiring in 1-2 weeks. * Target: Exit near $222 or $221 for profits. * Stop Loss: Close the position if IWM recovers above $225. 3. Neutral-to-Bullish Strategy: * Sell a Put Credit Spread at $223/$220, taking advantage of strong GEX support at $224. * Profit if IWM stays above $224 by expiration. 4. Advanced Gamma-Based Strategy: * If IWM holds above $224 and approaches $229, consider selling a Call Spread at $230/$235 to capture premium while limiting risk. Actionable Plan for IWM: * Scalpers should focus on intraday moves around $224 and $229, watching volume spikes and RSI for momentum. * Swing traders should look for breakouts or breakdowns with confirmation from daily candles. * Options traders can leverage GEX insights and implied volatility for directional or premium-selling strategies. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and trade responsibly.
Chainlink (LINK/USDT), Head and Shoulders Formation Points to Potential Downside On the 4-hour timeframe, a clear Head and Shoulders pattern has emerged, signaling a potential bearish reversal. Key support levels are identified at $19.89 - $21.86, and a decisive close below this critical zone could pave the way for a significant downside move, with the next target projected around $12. Traders should monitor the price action closely at the support zone, as a confirmed breakdown could provide an optimal short entry to capitalize on this pattern. Stay vigilant and ready to seize this opportunity. Not A Financial Advice, Trade at your Own Risk. We are not responsible for profit or losses
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 2635.83, which is an overlap resistance aligning with a 38.2% FIbo retracement. Our take profit will be at 2596.65, a pullback support level. The stop loss will be placed at 2675.74, a pullback resistance close to the 61.8% Fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
PEPE Update ~ 6D #PEPE So far it still maintains its bullish structure. Buy gradually within this support block,. it's only a matter of time these Memes will make new highs.