Hi all, Merck & Co. (MRK) is a global pharmaceutical titan and is currently trading near its 52-week low of ~$79. Anchored by Keytruda’s 7% YoY revenue growth, a stable ~4% dividend yield, and an average fair value estimate of $156.59 (98% upside), MRK appears significantly undervalued. Analysts forecast a 12-month price target of $118.05, implying 49% upside, supported by a strong pipeline and solid financials. While tariff concerns and Keytruda’s 2028 patent expiration pose risks. Technically speaking, MRK has fallen 43% from its all-time high and has reached the strongest area on the chart—a key support zone offering a compelling opportunity to build mid- or long-term positions. This critical area is defined by multiple technical factors, creating a high-probability setup for a potential reversal: Role Reversal Support: A broad, well-established resistance zone, aged like fine wine, has now flipped to act as support. This classic role reversal provides significant confluence to the setup. Textbook Trendline: A perfectly respected trendline, straight out of technical analysis textbooks, has consistently held. The price has approached this trendline from higher highs, underscoring its strength as a key support level. 50% Retracement Level: A critical level often watched for potential reversals. Monthly EMA200 Confluence: The 200-period exponential moving average on the monthly chart adds further strength to this area, reinforcing its technical significance. Strategic Guidance: This setup requires strong conviction. If you’re not prepared to buy in the lower gray areas of this support zone (marked on the chart), do not initiate a position. In today’s market sentiment, your fundamental research must be robust, and technical analysis allows you to get that much confidence to make it happen! Ask yourself: If the price falls further into the gray zones, am I willing to buy more? If your answer is yes, the current price presents a strong entry point for mid- to long-term positions. If the answer is no—if you’re unsure about buying at lower levels or find yourself questioning what to do if prices drop further—refrain from starting a position. In volatile markets, clarity and discipline are essential. Only enter if your strategy is clear and your conviction matches the opportunity! Good luck, Vaido
Price Action Analysis NYSE:IP recently declined to the $3.67 level, effectively sweeping external liquidity by triggering stop-loss orders below key support. This move was followed by a strong recovery, with price fully absorbing the bearish momentum and closing within the global trading range. This price action resulted in a Market Structure Shift (Change of Character, or ChoCH), indicating a potential reversal from bearish to bullish sentiment. The ChoCH suggests institutional buying interest, as the market rejected further downside and reestablished bullish structure. However, caution is warranted. Bitcoin ( CRYPTOCAP:BTC ), a key market driver, may experience a corrective move lower, potentially influencing NYSE:IP ’s price action. As such, immediate entries are premature without further confirmation of bullish momentum. Key Levels and Trade Setup Break of Structure (BoS) at $4.28 The $4.28 level on the daily timeframe is pivotal, representing a potential Break of Structure (BoS). A decisive close above this level would confirm bullish continuation, signaling the start of a significant upward move. Should this occur, NYSE:IP is likely to target the following resistance zones: $6.61: Initial target, likely aligning with prior swing highs or liquidity pools. $6.98: Secondary target, potentially coinciding with a Fair Value Gap (FVG) or institutional sell-side liquidity. $7.46: Final target, representing a high-probability zone for profit-taking. Entry Confirmation To ensure a high-probability trade, the following conditions must be met: Daily BoS Confirmation: A clean break and close above $4.28 on the daily chart, supported by elevated trading volume. 4-Hour Timeframe Validation: A breakout above $4.28 on the 4-hour (4H) or higher timeframe, ideally accompanied by a bullish Fair Value Gap (FVG). An FVG forming on the 4H chart post-breakout would serve as an optimal entry zone, minimizing risk by aligning with institutional order flow. Pullback to FVG: Post-breakout, a retracement to a 4H bullish FVG (e.g., $4.20–$4.25) that holds as support would confirm the setup for a long position. Trade Execution Set Alerts: Configure price alerts at $4.28 to monitor for a daily or 4H breakout. Ensure alerts trigger on a candle close above this level to confirm BoS. Risk Management: Risk no more than 1–2% of trading capital per trade. Position size should be calculated based on a stop-loss placed below the FVG or recent swing low (e.g., $4.00–$4.10), targeting a minimum risk-reward ratio of 5:1. Exit Strategy: Take partial profits at $6.61 (50–70% of position) and trail stops for the remaining position toward $6.98 and $7.46, monitoring for signs of rejection or bearish structure at these levels. Bitcoin Correlation Given CRYPTOCAP:BTC ’s influence on altcoin price action, monitor its key levels closely. A potential corrective move in CRYPTOCAP:BTC could lead NYSE:IP to retest lower supports (e.g., $3.85 or $3.67). Set a secondary alert at $3.85 to watch for a bounce in case of a broader market pullback. Conversely, a stabilization or bullish breakout in CRYPTOCAP:BTC would enhance the likelihood of NYSE:IP ’s bullish setup materializing. Conclusion NYSE:IP presents a compelling technical setup, with a ChoCH at $3.67 signaling a potential bullish reversal and $4.28 as the critical level for BoS confirmation. Traders should set alerts at $4.28, await a clean 4H or daily breakout with FVG formation, and execute entries with disciplined risk management. Monitoring CRYPTOCAP:BTC ’s price action is essential to avoid adverse market-wide corrections. This setup offers a high-probability opportunity for significant upside, provided the outlined conditions are met.
The EUR/NZD pair has completed an ABC pullback toward the support zone and channel boundary, recently bouncing off the psychological level at 1.91000, which has shown to be a significant area of strength. On higher timeframes, the market continues to post higher highs and higher closes, confirming a bullish long-term trend. While the recent retracement suggests a possible consolidation phase, the price is expected to retest at least 50% of the pullback range, with potential to climb even higher. If it holds above the 1.9000–1.9100 support zone, the probability of a resumed upward move remains strong. The next target is the resistance zone around 1.96700
? BINANCE:BTCUSDT – Bearish Bias Remains Active ? COINBASE:BTCUSD continues to show strong bearish momentum, and the current structure suggests a likely drop from the $85K– GETTEX:87K zone. ? Key Setup: There's a resistance zone around $86,000, backed by favorable liquidity just above it. This setup increases the probability of a liquidity grab and sharp rejection, which aligns with our bearish scenario. Target zones are mapped near $79K and $76K, depending on how price reacts to the first support. ✅ We’re watching closely for price action confirmation before entering a short. Also, check our previous Bitcoin idea, where we predicted the fall from FWB:83K to below $77K—it played out perfectly! https://www.tradingview.com/chart/BTCUSDT/Is5g75Qe-BTC-4H-Weak-Bulls-Range-Breakdown-Ahead/ ? Follow for real-time updates and don’t miss the next precision trade! ?
The chart does majority of the talking here, there isn't too much I feel I have to write. Both assets are following similar pricing models that we have seen in the markets before. What do you think Bitcoin is going to do?
- Short limit order was made after a failed breakout and formation of orderblock at the nearest Monthly HIGH . - weekly price action showed a better imagery of the failed breakout. - Trade is contrarian in nature. - Holding period will be 3 days to 10 days, swing. - The failed breakout indicates exhaustion in buying interest. - the placement of limit order for sell at the highest price within the order blocks was made here at night time in the Peninsular. - Leaving a greatly vague explanation here for my viewers, for that I apologize. - Price is ripe for a correction to compensate for the FVG price imbalanced, which we are planning to capitalize and place our short limit entry. - the target is the closest weekly liquidity pools. - and the wait begins
I am starting a new series of ideas inspired by my users. Every day thousands of requests come to my website and by analyzing the logs I see which charts interest my users the most. Here I bring to your attention FunFi (FNF). This is an NFT game project that look like slowly boiling a frog, but what's interesting is that my EADragon indicator perfectly registers barely noticeable signals of market makers' intentions.
Looks like we should be expecting one move up to complete this cycle then we will have a correction to correct the whole bullish cycle.
The BNB/USDT market recently bounced from the 560 support level, a notable swap zone that has acted as a key turning point in past price action. The current pullback from the downward trendline appears to be directing price back toward this historically significant support area. On the weekly timeframe, a bullish candle has formed, while the daily chart shows a pattern of higher lows, pointing to growing buying pressure. If the price revisits the 550–560 zone, a bounce is likely, potentially sparking a bullish move. With technical signals aligning across multiple timeframes, this zone stands out as a prime area of interest. The next target is the resistance zone around 613
? DE30 Index Market Update In our latest update last Friday, we confirmed that the DE30 index was trading around the 20,800 level. We advise everyone to review our previous analysis over the past months to understand the broader downward trend. As expected, the index adhered to its long-term technical outlook. This analysis is consistent with the previous analysis and is already in line with the previous upward trend. We are currently witnessing an upward correction phase, having reached positive levels around the 21,400 level today. This move is in line with our strategy, and we will continue to monitor the market to confirm the continuation of the trend or the possibility of reversal zones.