Technically : NZDJPY is printing double bottom NZDJPY is printing bullish divergence
SBIN is still in uptrend on 1H chart. But on 15M chart if it breaks 851.. then it will go down.. I am bearish below 851... Let's see.... !! Radha Radha !!
My analysis tells me that the market has become very risky right now because 90% of people in the crypto space are in profit, and prices are reaching new highs. I know that all major market assets need to hit their previous peaks, and at that point, USDT will reach 3.73, which is a crucial number. This could act like a rocket, reclaiming USDT’s dominance and leading to a major correction in the crypto market. I thought it was important to share this because everyone is talking about the alt season, but I know that for big players looking to buy again, current prices aren't fair. Big money investing at these levels has other goals and is achieving them elsewhere. USDT has entered a very attractive range, and by minting more Tether, they’ve started a targeted strategy to collect liquidity for governments, deceiving retail investors. Be very cautious, and Bitcoin won’t see above $104,000 in this cycle until February 2025, where we might see its price at $77,000, setting up for the final trick.
XLM is in consolidation with its sideways movement. The sideways movement seems to play within a symmetrical triangle with the ability to continue its upward trend. The 20ma and 200ma are still in play after its golden cross in early November. According to the Relative Strength Index (RSI), XLM is currently in an oversold condition. However, the On Balance Volume (OBV) shows that XLM has increased buy pressure as it's in price discovery. I believe it's finding new lows at a higher value before the break to new resistance levels. There are many bull signals, which makes me bullish on XLM. Support - $0.43 Resistance - $0.56 Fear and Greed Index - 79 (80 = Extreme Greed; if the market hits extreme greed, be prepared to watch things moon.)
this is what I would like to see going to New York open. I was hoping that we don't use that 15mis FVG before then. if we can take that minor buy side now during London session AM I don't mind. but if we use that 15mins FVG now this chart becomes invalid to me for New York session
Analysis: The stock appears to be in Wave 4 completion, and Wave 5 seems to be forming as per Elliott Wave Theory. The recent pullback aligns well with a key demand zone around 3.39, which has been respected, indicating strong buying interest. Wave Analysis: - Wave (1): Impulsive move from a prior consolidation range. - Wave (2): Corrective pullback, respecting prior demand. - Wave (3): Strong impulsive move higher with increased momentum. - Wave (4): A corrective pullback to a demand zone near 3.39, forming a higher low. - Wave (5): Targeting 3.97-4.00 levels, aligning with a Fibonacci 1.618 extension of Wave 3. Supply/Demand Zones: - Demand Zone: 3.39-3.14 (validated as price has reversed strongly). - Supply Zone: 3.97-4.00 (potential resistance as Wave 5 completes). RSI Confirmation: - RSI on lower timeframes (e.g., 4H and 1D) shows no bearish divergence, which supports continued bullish momentum for Wave 5. Trade Setup: - Entry: around 3.52. - Stop Loss: Below the wave 4 low at 3.39 to minimize risk. - Take Profit: Target Wav 5 completion at 3.97-4.00. - Risk-Reward Ratio: Approx. 1:3 “Trade what you see, not what you feel.” Stick to your analysis and avoid chasing the market if the price fails to confirm Wave 5. Always use proper risk management. Allocate no more than 1-2% of your account balance to this trade to ensure sustainability. Patience is a trader's greatest asset! Happy trading! ? Disclaimer: This idea is for educational purposes only and not financial advice. Always do your due diligence and consult a professional before making any trading decisions. Trading involves significant risk, and past performance is not indicative of future results.
OANDA:XAUUSD fluctuating slightly due to high risk ahead of the news. Meanwhile, at this moment, strong momentum is forming. The price is consolidating within a local range. Previously, the price broke through the local ascending support... Ahead of economic data, traders are consolidating. Volatility is decreasing, and the market is not yet ready to take risks. Investors' attention will shift to the private sector employment report, Fed Chair Jerome Powell's speech, and the non-farm payroll report. Currently, the market is pricing in a 69% probability of a 25-basis-point rate cut at the December 17-18 meeting. Since there is no clear trend in the market and the price is within a channel, we will consider trading from its borders. Therefore, a false breakout of the key resistance level could trigger a drop to the support of the range.
Two days ago, I posted the chart above. I mention the STRONG bearish channel. And I also mentioned that those lines I drew are NOT trendlines. If you ask me what happened now, I would still answer the same. But what do you think Trendliners would do now? Many would proceed to BUY because their favorite line shows them that the price is BULLISH. Buy and get fcuk. This is one of the biggest errors when using trendlines. a) Do they expect things to remain the same? b) Do they not think the line may have shifted? So, think again whenever you think of trusting your TRADE and MONEY with trendlines. Want to know what the new line looks like? Good luck.
Tezos has seen a lot of action lately. I believe part of this is because everyone is looking for that new chain to invest in early. As you can see in the short term we will likely repeat a pattern from before, eventually pushing us to a new high from this cycle which would likely see high volume. I conservatively will place the PT at $2.10
Let's Look at USDCAD Chart and Analysis the last Price Actions for finding some trade Opportunities, Good Luck With Your Trades