When told only fools chase gold, I quipped, 'Maybe I am a fool—but at least I’ve got glittering standards and a sense of humour that outshines any treasure!'
Stage Analysis is a technical analysis method developed by Stan Weinstein, which categorizes a stock's lifecycle into four distinct phases
1. 200-Day Moving Average (Yellow Line): The current Bitcoin price is below this moving average, indicating a bearish trend or weakness in upward momentum. Typically, when the price is below the MA200, it acts as resistance, increasing the likelihood of further declines. 2. Ichimoku Indicator: The red cloud in the future suggests a bearish outlook and may act as strong resistance. The price is currently near the Ichimoku cloud, which indicates market indecision. 3. Price Candles: The candles have not been able to establish a clear position above the MA200. If the price fails to stabilize above $84,000, a drop to the $80,000–$78,000 range is likely. If the MA200 resistance is broken, the price could rise toward $88,000. Conclusion: Based on the current data, the overall trend remains bearish or neutral unless the price successfully stabilizes above the MA200. Otherwise, a decline toward the $80,000 level is probable. Best Regards
4.4 How to operate after a sharp fluctuation in gold Short at high prices Current trend judgment: 4-hour level: If the price stabilizes at 3100, it may turn into a shock rebound. 1-hour short-term: If the rebound does not reach 3110-3117, shorting at high levels is still the main choice; If it breaks through, test the pressure near 3135. Strategy Short-selling opportunities: Sell: 3105-3110 (limit price) Sell: 3115-3120 (limit price) Stop loss: 3120-3125 Target: 3080--3060 Final suggestion: Prioritize high-altitude 3105-3110, set a good stop loss, and reasonably control the proportion of pending orders Welcome to leave a message for discussion
Nifty has most probably recorded a selling climax. Now, it's in the consolidation phase, and we're expecting a shakeout, too. It's very unlikely to go further down, but you never know. You must plan for both scenarios to stay in the game. Be market with you.
Stage Analysis is a technical analysis method developed by Stan Weinstein, which categorizes a stock's lifecycle into four distinct phases
USD/JPY Technical Analysis – April 4, 2025 ? ? Current Price: 145.998 ? Timeframe: 15M ? Key Supply Zones (Resistance Levels): ? 146.667 – 146.774 – Potential reversal zone ? 147.330 – 147.479 – Strong resistance ? Key Demand Zones (Support Levels): ⚫ 145.412 – Intermediate support ? 144.274 – Major Demand Zone (Potential Reversal Area) ? Bullish Scenario: If the price breaks above 146.774, it may continue towards 147.330 – 147.479 before showing signs of reversal. ? Bearish Scenario: A rejection from 146.667 – 146.774 could lead to a drop towards 145.412 and potentially to 144.274 demand zone. ⚡ Trading Tip: ✅ Look for price reaction at 146.667 – 146.774 for possible shorts. ✅ If price reaches 144.274, watch for bullish confirmations. ✅ Use stop-loss and risk management strategies. #FXFOREVER #USDJPY #ForexTrading #TechnicalAnalysis #SmartMoney #PriceAction #Trading
The Median or Centerline: The Median (Centerline) Line is the central element of the Pitchfork and acts as the equilibrium point. Price tends to oscillate around this line, and it often serves as a strong reference for potential reversals or price targets. A price move back toward the Median Line is common after significant moves away from it. Pitchfork (Red): The red Pitchfork, drawn through significant price points, provides the overall trend direction and shows the potential path to the downside. The red line indicates a bearish bias in the current setup, as it has been guiding the price lower. Green Circles and Arrows: These represent key areas of support. The lower green circle and green arrows indicate price has found solid support in this region. The price has been bouncing from this support level, showing that it is reacting to the [ower boundary of the Pitchfork. This behavior aligns with the rule that the price tends to respect these boundaries, creating a foundation for a potential move back toward the Median Line. Price Action Analysis: The price recently tested the lower green circle and green arrows, bouncing off this support level, which is a typical reaction in a Pitchfork setup. According to the Median Line theory , when the price moves too far away from the Median Line, it often returns toward it. Therefore, the bounce off the lower boundary suggests that price may now be setting up for a bullish reversal toward the RED Median Line . Bottom Line: The price action is following the general Pitchfork playbook . The bounce from the lower green circle suggests that the price is setting up for a potential bullish reversal toward the RED Median Line . The next major test will be the upper resistance in the red Pitchfork , after the break of the Centerline. If the price can break through this resistance, a strong move higher is likely. Keep an eye on this critical point!
Here you can find the levels for today. Looking good but must to close the next few days above 84218 in order to keep going up at least until 93576 ( Yearly Open Price)
DAILY is bullish, im just catching a short reversal and Im not entering without that break coz it would mean CHoCH on 5m