The price is coiling around a solid key level - 99601 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 96781 Safe Stop Loss - 10141 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
There was interesting observation shared by Gorilla trader about how price keeps moving in same ranges and repeats same ranges on move up. Here rectangle at bottom and top are same size. Hypothesis is that, if price has given move from one swing high to swing low, it will give same amount of move above that swing high. Lets see if that works and observer. Risk reward is also pretty good here. So why not? Time? Not sure. This is for long term. It can be anytime but it will reach there fore sure.
Patterns create a framework for understanding market behavior, helping you organize chaotic price action into more predictable structures. REGULARITIES "Think not of what you see, but what it took to produce what you see." ~ Benoit Mandelbrot Fractal Cyclicality Sub-cycles are smaller composite cycles recurring within larger ones, showing periodic patterns of price oscillations that collectively shape the rhythm of the full cycle. https://www.tradingview.com/x/qwhy9tTG/ In NVIDIA's chart, these sub-cycles typically consist of three final peaks, each representing the market's effort to sustain bullish momentum while gradually approaching a point of inevitable bullish exhaustion. https://www.tradingview.com/x/ZT5len8X/ The peak of the 3rd composite sub-cycle is critical decision-making period for bulls, indicating last chances for the profitable exit points before major trend reversals take hold. Fractal Validation Through Scaling This particular fractal, starting from 2015, caught my attention due to its consistency and proportional alignment with the current market cycle. https://www.tradingview.com/x/HdOGp7ia/ In terms of EW fractal matches really well from 1 to 4 wave. The 5th wave, being too prolonged. Either it played out shorter because oh higher frequency of reversals or it is just a deformation. Assessing: Expansion with observed part of pattern https://www.tradingview.com/x/ncqbbgh8/ Final Peaks Scaled with derived top of cycle: https://www.tradingview.com/x/rAnQ1bvg/ Another progression nicely curved: https://www.tradingview.com/x/7mn2UdIB/ Alignment with 1st systematic cycle: https://www.tradingview.com/x/x7IVQ7l2/ This means that next single-cycled consolidation (Light-Blue) confirms bearish exhaustion. Patterns like this often contains compressed fractals which tend to complete incentive at higher frequency. https://www.tradingview.com/x/BfdUri7i/ Witnessing how even single-cycled bullish “consolidation after drop” contains undeformed proportions of fractal, at this point there is no need to look for another fractal. https://www.tradingview.com/x/wJiwwpdA/ This approach illustrates how dynamics of smaller cycle evolve into larger market movements, maintaining their core proportions across price and time scales. The ability of these patterns to mirror both micro (next one) and macro (overall shape) levels indicates that the metrics defining these fractals are consistent and scalable across timeframes and price scales. This scalability hints at a deeper, intrinsic market behavior rooted in fractal geometry. The fact that all patterns seem to "abide by each other's metrics" implies a self-referential system, where smaller cycles influence larger ones, and vice versa. This aligns with the theory of self-similarity, a core principle of fractals, suggesting that markets are not random but governed by a structured, recursive mechanism. Viewing the chart in logarithmic scale amplifies this universal quality, as it normalizes the exponential growth of markets and reveals the proportionality between fractal patterns. Knowing that NVIDIA's fractal patterns abide by a universal metric, they could provide future fractal points based on Fibonacci channels that consider angle. Will do Fractal Mapping with Fibs in Part II
Algo BINANCE:ALGOUSDT can reach next target $0.7860. There is a Bullish Flag pattern. Algo was staying around 0.45 dollar for long time. it can turn back to game more powerful.
hey guys back with an another stock with this weekend for trading, this Orient Hotel recently breaking a consolidation phase we can see a 15 to 20% gain in a couple of week.
Draganfly Inc. (DPRO) has experienced significant stock price fluctuations from October 2024 to December 2024. Here’s a summary of its recent performance: October 2024: The stock opened at $0.88 on October 2, 2024, and traded mostly below $1 throughout the month. The price began to climb towards the end of October due to increased interest and speculation. November 2024: DPRO's price showed substantial volatility and rapid gains. By November 29, it had surged to close at $4.19, marking a significant percentage increase in a short time. This surge was attributed to market reactions to operational and strategic updates. December 2024 (up to today): The stock has continued its volatile trading, closing at $3.53 on December 6, after reaching highs near $4. However, the price has seen intra-day swings, reflecting a speculative trading environment DPRO's performance has been driven by both its operational announcements and general speculative trading in the market.
As the monthly candle has taken a Bullish FVG but did not close a body blow, it is a clear sign that we can again go ahead. The weekly bias is bearish, so I am looking for a sale.
Looks like a breakout from accumulation. Marked the current targets after exiting the retest. Time to remove the shelves, let’s observe Bitcoin’s behavior in parallel.
Description: This trading idea highlights CETUS, the utility token powering the Cetus Protocol, a decentralized exchange (DEX) designed to optimize liquidity and trading efficiency in the decentralized finance (DeFi) space. CETUS facilitates governance, incentivizes liquidity providers, and supports seamless transactions on the platform. With its focus on improving automated market-making (AMM) mechanisms and cross-chain interoperability, Cetus Protocol positions itself as a cutting-edge solution in the evolving DeFi ecosystem. As DeFi adoption grows, CETUS could play a significant role in enhancing decentralized trading experiences. That said, it is essential to understand that cryptocurrency markets are highly volatile and influenced by external factors like regulatory developments, technological advancements, and market sentiment. Trading or investing in CETUS carries inherent risks, requiring a robust strategy and diligent risk management. Disclaimer: This trading idea is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies like CETUS involves substantial risk, including the potential loss of your entire investment. Perform thorough research, evaluate your financial circumstances, and consult with a professional advisor before making any investment decisions. Past performance is not indicative of future results.
Crypto Pick of the Day: XLMUSDT (D1-W) Market Overview: XLM is in a correction phase on the D1 structure and is expected to move into its next growth stage, aligning with the strong uptrend on W-M timeframes. Trade Plan: ? Entry: $0.45–$0.48. ? Target: $0.9 or wait for W timeframe confirmation. ⏳ Horizon: Exit ~5 days after D1 confirms the uptrend. About My Indicator: I use RainBow MG3, my custom tool, to identify key trends and entry points. ? Want to try it? Contact me! ? Disclaimer: Not financial advice. Do your own research.