Reading about the Chinese auto companies this morning and seeing how their cheaper vehicles are bound to dominate. I spend time in Mexico and see the onslaught of cheap Chinese vehicles selling for $18,000. Seems that almost all articles I read mentioning China, I walk away thinking that China is kicking our butt in business progress. Yet the US stock indices continue to break all time highs, day-by-day, while China's market, albeit having made significant gains since making a double bottom over the past year, is just muddling along. I see FXI, at a minimum, being at 34 at the end of 2025, based on the current trend line in place. That's a 10% gain plus a 2%+ dividend that meets my 12% annual investment requirement. Currently, the gains have been capped at the .328% Fibonacci retracement level. Bad news if this is merely a corrective wave with lower prices ahead. But even as the US and Europe place tariffs on imports, the rest of the world is jumping at the opportunity to purchase cheaper products in a highly inflated world. Double bottom target price is up in the mid 40s. I plan to be overweight in FXI in 2025.
Two trading opportunities for the price of one today as we look at difference scenarios that may play out from out upcoming US monetary policy announcement this Wednesday. The first trading opportunity on the NZDUSD is a bearish trend continuation/breakout trade that would take advantage of US Dollar strength in the market. The second trading opportunity on the AUDUSD is a bearish gartley pattern that would complete if the reaction to Wednesday's decision provided us with US Dollar weakness. I personally would not recommend trading through these news events, rather waiting for the outcome (confirmation) and making a decision afterwards, but it's your money and you can do whatever you want with it! lol If you have any questions, comments or want to share you views, please do so below as I love reading through them. Akil
Bitcoin Price identifying Potential Trading Zones. To Buy Side. Resistance Zone 198K Bitcoin Hits this Resistance Zone Support Zone 98K If Bitcoin Drops in sell side Like 98K this Could Be Support Area if a Bitcoin Test To Support After Price Again Rise To the Resistance Zone. If you are in Buy Trade keep Eye on the Resistance Zone 108K Rate Share Your Idea What's Going On Thanks.
Lets take a look at what the charts and indicators have to say. Structure and Price Action: **Symmetrical Triangle Formation**: The chart shows a clear symmetrical triangle, indicating a period of consolidation following a sharp upward movement. Symmetrical triangles are neutral patterns but typically resolve in the direction of the preceding trend, which is bullish in this case. **Downward Red Trendline**: The descending resistance line has formed, creating consistent lower highs. This indicates selling pressure at each attempt to move higher. **Ascending Support Line**: The upward green support line is holding, forming the triangle's lower boundary. This support has been tested multiple times and remains a key level. **Consolidation Zone**: Price is currently trading in a narrowing range, respecting both the upward and downward trendlines, signaling indecision and a pending breakout. Support and Resistance: **Immediate Resistance**: $110–$115 (aligned with the descending red trendline and near-term resistance). **Key Support Levels**: $100: Critical psychological and structural support. Below $100: Next key support around $90 (aligned with the green order block zone). Indicators: Moving Averages (EMA 20/50/100/200): Price is attempting to reclaim the **EMA 20** (~$107), which suggests cautious short-term bullish momentum. The **EMA 50** (~$108) is acting as resistance, which needs to be cleared for further upside. Long-term support sits at the **EMA 100/200** (~$106.5 and $85), providing structural strength if the price falls lower. Money Flow Index (MFI): MFI is at **34.94**, indicating the market is approaching oversold levels. This suggests the potential for a rebound if buyers step in. Stochastic RSI: The Stochastic RSI has turned upward from **oversold territory** and is crossing upward. This signals possible short-term bullish momentum. However, a failure to reclaim resistance could result in a false signal and continued downward movement. Volume: Recent volume during the triangle consolidation remains **low**, reflecting indecision among market participants. A breakout with strong volume will confirm the next directional move. Pattern Analysis: The **symmetrical triangle** pattern suggests a major move is imminent. Given the strong preceding uptrend, the pattern leans slightly bullish. However, failure to hold support at $100 could shift momentum downward. Probabilistic Outlook: Bullish Breakout (Primary Scenario): If price breaks above $110 (descending trendline resistance), it will signal a continuation of the prior uptrend. Key upside targets: **First Target**: $115–$120 **Second Target**: $125–$130 (previous highs) Bearish Breakdown (Alternate Scenario): If price breaks below $100, it invalidates the ascending support line and signals a bearish reversal. Key downside targets: **First Target**: $90 (order block zone) **Second Target**: $85–$80 (EMA 200 zone and additional order block). Key Signals to Watch: A breakout above the descending red trendline (~$110) = **Bullish confirmation**. A breakdown below $100 = **Bearish confirmation**. Volume spike during the breakout or breakdown will validate the move. Conclusion: The chart shows **neutral consolidation** within a symmetrical triangle. The slight bullish bias comes from the prior strong uptrend, but a breakdown below $100 would shift momentum bearish. A breakout above $110 with volume will confirm bullish continuation, while a break below $100 will target further downside. Monitor price action closely around these key levels.
Be more patient in entary if your position - because chart is so vild in last days.
Hi All, here is my gem which i generally dont talk a lot.. look at its performace.. green and red backgrounds are just positive and negative order flow.. 2 lines, black is vwap and blue is the main factor of this indicator i.e. delta volume, its not a support/resistance line. Its teh cumulative delta line, it goes wtih trend, if i trend is bullish then it'll go up along with price/candle.. if bearish then down, but if it is going against the price then it clearly shows it can be a false move.. just check the same in chart and you'll get it. that way it can help in trapping moves.
USD/JPY - Strong bullish movement on HTF with volume imbalance - Swing High/Low identified on H1 timeframe - Possible Pullback and continuation to the weekly swing high - Imbalance on H1 and BoS strongly supports a bullish move around 38.2 / 50 Fibonacci - Generous SL of 70pips targeting 1:1.5 for the first target and 1:2 for the 161.8 level
Trapped longs are regions where traders called a false bottom and went all in while the market continued to sell. The current actual bottom is indicated and called due to a trend reversal, heavy increase in buying pressure volume, and a clear change in market structure. There are currently trapped shorts in this region where stop loss and fear traders orders were filled and gobbled up by consumer, institution, and whale traders. This asset has a very low market cap, if and when the trapped longs are cured and price action breaks through this region of the chart greed will overtake breakout traders who will go all in. This hasn't occurred yet due to several massive pullbacks from the $0.04 mark. This asset has several psychological price points of approximately every half cent currently hitting .03 and .035 psychological resistance. Contracts are opening and closing in short periods of time partially due to lack of faith as well as automated trade activity. It will be interesting to see what happens overnight Sunday into Monday morning.
Infty is breaking out it's long term resistance and look good above 2010 for 2260, 2420 and 2720 until 1700 is intact on the downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
HDFC Banks is bullish and will give a fresh breakout above 1906. Buy HDFC Bank if closes above 1906 on daily time frame for the Targets of 1974 and 2047 until 1824 is intact on downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India