Price is consolidating inside this ascending triangle and getting tight I have been noticing some good call flow on the 185 Strike. I am adding this to my watchlist for a break of the resistance and a move higher towards 200
Weekly : price is reaching a resistance that has not been broken since March 20' with this being the third attempt since then. Daily : price is rejecting for the third time level of resistance at 2.01000 4h : bullish structure. Now rejecting from round psych level. 1h : I am expecting price to continue its move down, breaking and creating previous/new lower low at 2.00000 which is also an interesting round psych level.
NZD/USD Technical Analysis: A Falling Wedge pattern has formed on the NZD/USD chart, indicating a potential reversal in the market. Here are the key points: 1. Wedge support: 0.58346 2. Wedge resistance: 0.60500 3. Target: 0.60940 The Falling Wedge pattern suggests that the recent downtrend may be losing momentum, and a breakout above the wedge resistance could confirm a reversal. Buying Opportunity: A break above the wedge resistance at 0.60500 could trigger a buying opportunity, with a target of 0.60940. Stay tuned for further updates and analysis on the NZD/USD market!" Best wishes Tom ?
This is a fibonacci chart that explains the prior price and time action using the repeat motifs of God's natural sequence in nature called Fibonacci. and these are some points of interest of time and place to analyze for those that do scalping or spot purchases and to use a tool to possibly help to mitigate loss. It is my art and hobby because I give it away to inspire and help. Best wishes.
Polkadot: Strategic Patience for the Next Move I've been holding Polkadot since $5.82 and still have my trade open. While I haven’t taken profits yet, this time I plan to secure gains once it approaches $10 again, as I anticipate a correction around December 18th. This pullback could last until December 23rd, where I aim to significantly increase my position. https://www.tradingview.com/chart/DOTUSDT/AFlCtXJn-POLKADOT-FUEL-FOR-A-RALLY/ ? Scalping Opportunities: For now, patience is key. However, scalpers will find plenty of opportunities leading up to December 17–18. Be vigilant during those dates, as volatility may spike. ? Swing Trading Insight: Any swing trades entered on December 23rd or the early hours of the 24th could offer exceptional returns. ⚠️ Key Advice: Always stick to your plan. Don’t let greed cloud your judgment—secure partial profits to maintain liquidity. From January onward, the market's psychological and analytical demands will increase. Be prepared and don’t get distracted by noise. ? Closing Thoughts: This market rewards discipline and foresight. Stay sharp, stay humble, and remember: the best opportunities often come to those who are patient and prepared. May your trades be fruitful. God bless you. —Jay
Consolidating in a pennant just above the prior all-time high, which was $333. Looking like higher lows will prevail, and MSTR searches for that next higher swing high. I’m calling $10k, but there are interim targets obviously. $800 range looks like the next stop.
Who remembers the UBER BEARISH sentiment back in early 2009? That was the last seen, most epic "BUY THE DIP" opportunity. Look at the chart below and see why! #spx #sentiment
*Waree Energies Ltd* RB Formation on Weekly Basis. Positive Industry Developments. Strong growth prospects. *Trail SL with Upside* *Book Profit as per Risk Appetite* *Do your own research as well. This is an Opinion* *_,Happy Investing_*?
Managing volatility in trading mirrors managing volatility in life, both requiring discipline and focus. As a position trader, I prioritize long-term growth over short-term fluctuations. When prices correct but the trend remains intact, discipline keeps me in the trade. Similarly, life’s challenges often provoke doubt and disappointment, but staying steadfast is key. In trading, discipline helps navigate volatility; in life, as a Christian, trusting God through the ups and downs strengthens both heart and mind, fostering growth and resilience. What are we afraid of? When fear enters the market, our discipline is tested. We're afraid we were wrong and we'll lose money. We forget we can't win without losing. What we know is so quickly forgotten. When we become afraid in real life, it is often irrational. We often forget how far we've come, and that God will continue to take care of us as He promises. When volatility comes let's choose to embrace it, trust our discipline, and grow through the experience. Despite the recent volatility, the crypto market's weekly and monthly trends remain up, broadly speaking. Ride the trend!
The Swiss franc is slightly lower on Wednesday. In the European session, USD/CHF is trading at 0.8845, up 0.19% on the day. 'Tis the season of central bank decisions, with four major central banks making rate announcements this week. The Swiss central bank meets on Thursday and a rate cut has been fully priced, but what will the SNB do? The market has currently priced a 50-basis point cut at 60% and a modest 25-bp cut at 40%. Just one week ago, the odds were 70-30 in favor of a 50-bp cut. Inflation declined by 0.1% in November and Switzerland hasn't posted a gain in inflation since May. The signs of deflation support the case for a jumbo 50-bp cut. Still, central banks prefer modest rate moves in 25-bp increments and with the cash rate at just 1%, policymakers may opt for a 25-bp cut. US inflation for November was a non-event for the US dollar, which has shown little movement today against the major currencies. Headline CPI ticked higher to 2.7% y/y up from 2.6% in October, while the core rate rose 3.3% y/y for a third straight month. Monthly, headline CPI rose from 0.2% to 0.3% and the core CPI rose was unchanged at 0.3%. The data matched expectations which explains the muted response of the US dollar. In the aftermath of today's inflation data, the market expectations for a rate cut at the Dec .18 meeting have jumped. The rate odds for a quarter-point have climbed to 97%, compared to 88% immediately prior to the release. The Fed has lowered rates twice this year and is poised for a third cut next week, even though the inflation downswing has stalled and inflation remains higher than the Fed's 2% target. USD/CHF tested resistance at 0.8853 earlier. Above, there is resistance at 0.8876 0.8810 and 0.8787 are the next support levels