Self expletionary chart. Pattern from late 2023 looks almost exactly like pattern we have now. Can we expect push towards 125K?
https://www.tradingview.com/x/lmxhzSfZ/ Hello,Traders! NZD-CHF is going down From the horizontal resistance Of 0.5165 so we are bearish Biased and we will be Expecting a local move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too!
Ichimoku Analysis 1. Price vs. Cloud (Kumo): The price has sharply broken below the Kumo (cloud), confirming a bearish trend. The Senkou Span A (leading green line) is below Senkou Span B (leading red line), showing sustained bearish momentum. 2. Tenkan-Sen (Red Line) vs. Kijun-Sen (Blue Line): A bearish cross (Tenkan-Sen below Kijun-Sen) occurred earlier, supporting the downward move. 3. Chikou Span (Lagging Green Line): The Chikou Span is below price and cloud, affirming no immediate support in historical price levels. 4. Key Support & Resistance: Resistance: 1.2763 - 1.2786 (cloud top and recent highs). Support: 1.2600 (current psychological level), 1.2550 (minor support), and 1.2500 (major psychological support). Ichimoku Wave Theory The current price move forms a bearish N-Wave: 1. Impulse Up to 1.2786. 2. Correction Down to 1.2650. 3. Continuation Down to the current level (1.2600), with potential for a further leg down. A measured move projects a continuation of approximately 100-120 pips below 1.2600, aligning with 1.2500. Ichimoku Time Theory Time cycles (9, 17, and 26 periods) help predict the timing of price targets: 1. Breakout Timing: The breakout below the cloud occurred after 17 periods of consolidation. 2. Time to Targets: TP1 (1.2550): Likely within 9 periods (36 hours) from the breakout point. TP2 (1.2500): Likely within 17 periods (68 hours) from the breakout. Each period represents 4 hours (4H chart). Trade Setup 1. Entry: Sell on a confirmed break below 1.2600. Alternatively, enter on a retest of 1.2650 (Kijun-Sen level). 2. Stop-Loss: Above the Kumo at 1.2763 to protect against reversal. 3. Take-Profit Targets: TP1: 1.2550 (minor support) – expected within 36 hours (1.5 days). TP2: 1.2500 (psychological level and measured move target) – expected within 68 hours (3 days). 4. Risk-to-Reward Ratio: Entry: 1.2600 SL: 1.2763 (163 pips) TP1: 1.2550 (50 pips) TP2: 1.2500 (100 pips) Conclusion The bearish structure, confirmed by Ichimoku Cloud, Wave Theory, and Time Theory, favors further downside. Expect TP1 (1.2550) in approximately 1.5 days and TP2 (1.2500) in 3 days. Monitor for a retest of 1.2650 or a clear break of 1.2600 before entering short positions. This setup aligns with Ichimoku's principles of combining price, time, and wave analysis for a comprehensive trade strategy.
This pair has been bearish for long and I am still expecting more bearish move until the next support. Waiting for a little retracement to short
Pretty clean long setup on nearusdt here. Adding to longs from under 6.550 Targeting 9.2 and 11.9 Invalidation clean breaking below 6.2 Note: Not a Financial Advise
Open photo to show details Don't forget follow.... ... ...
This is my technical analysis for MOVE/USDT on the 4-hour timeframe. The price is currently trending downwards, respecting a descending resistance line I’ve drawn, which connects multiple swing highs in the recent price action. Key observations: Resistance Line: The trendline is clearly acting as resistance, with multiple touches confirming its validity. A breakout above this line could signal a reversal in trend. Support Zone: The support level around $0.60 has held well so far. If the price continues to respect this support, we could see a breakout attempt in the near term. Volume: Volume has been steadily declining, suggesting that the market is consolidating. A volume spike at the trendline could confirm the breakout or breakdown. RSI Divergence: The RSI is showing a potential divergence, hinting at weakening bearish momentum. Trade Idea: Bullish Scenario: If the price breaks above the trendline with strong volume, I will target the next resistance zone around $0.70–$0.75. My stop loss for this trade will be just below $0.60, in case the support fails. Bearish Scenario: If the price breaks below the $0.60 support, the next target could be $0.50. I will wait for confirmation before entering a short position. I’m setting alerts at both the trendline and the $0.60 level to monitor the movement closely.
XAU/USD, commonly referred to as gold against the U.S. dollar, is a key instrument in the financial markets that reflects the price of gold in terms of the dollar. It serves as a critical barometer of global economic health and investor sentiment, often acting as a safe haven during periods of market volatility or economic uncertainty. Gold’s price is influenced by factors such as interest rates, inflation, geopolitical events, and movements in the U.S. dollar, which typically has an inverse relationship with gold. XAU/USD is a favorite among traders seeking to hedge against risks or capitalize on market trends.
https://www.tradingview.com/x/swjonH5W/ ✅TESLA broke the key Horizontal level of 412$ While trading in a strong Uptrend so we are bullish Biased and we will be Expecting a further Bullish move up LONG? ✅Like and subscribe to never miss a new idea!✅
This is just my observation, but not an advice. Technical: REGN touched its two strong trendline since 2020 and 2021. REGN reached the 50% correction since 2020. REGN is oversold daily and weekly. A significant divergence is observable on daily chart. Price touched SMA 200. Fundamental: P/E: 16.9x (moderate undervalue) Since last ATH NASDAQ:REGN has come up with wide ranges of successful clinical trial outcomes. Nonetheless, prices dropped due to competitive pressures on Eylea. Last week, after significant clinical trial results of Odronextamab and Poze-Cemdi, the market moved up. However, the price slid after the BoA's PT revision. Analyst sentiments: 17 buy, 7 buy, 1 sell (BoA) The long possibility is high from now on.