Adding another entry at the breaker block ride the market to the engineered liquidity
Key Levels to Watch: 3155–3160: Bullish target zone 3149: ATH resistance 3138: Resistance 3127: Key resistance 3121: Minor intraday resistance 3118: Bullish/Bearish pivot line 3112: Key intraday support 3105: Minor support 3098: Bullish defense zone Swing Trade Strategy: For Shorts: If the price breaks below 3105, consider a SELL. Watch 3111 for any rebound; if the decline continues, monitor 3100, 3095, and 3090. For Longs: If the price stabilizes above 3127, consider a BUY. Watch 3133 for confirmation; if momentum continues, target 3138, 3142, and 3144. Not sure why the symbol I previously used (Commodity CFD - OANDA) has suddenly become invalid. For now, I’ve marked out the key levels I think are important. I'll need to recheck which Commodity CFD symbol best matches the quotes from my trading platform. I may update this post later with some short-term trading strategies once I confirm the pricing source. ? If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support! Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
Continuing previous idea... PREVIOUS ANALYSIS https://www.tradingview.com/chart/NVDA/rNsV6AbN-Another-Leg-down-for-NVDA/
Market Structure (1H – SMC View): * Price rebounded after BOS at ~$552 and has since broken multiple minor structure levels to the upside. * Multiple Breaks of Structure (BOS) confirm bullish shift, with recent CHoCH validating demand zone below $550. * Price is consolidating near a supply zone around $561–$563 which acted as a prior CHoCH zone. Key Price Zones: * Demand Zone (Support): $546–$552 * Supply Zone (Resistance): $561–$563 (where price currently sits) * Macro Support: $550 = PUT wall + gamma support * Micro Resistance: $563 = strong GEX call resistance Trendlines + Price Action: * Clean stair-step move up into resistance. * Price approaching apex of recent flag-like structure; breakout confirmation needed. * Watch for either rejection at this gamma wall ($563) or breakout continuation above. Indicators: * MACD: Bullish crossover still intact but showing slight flattening—watch for histogram weakness. * Stoch RSI: Near overbought, curling—possible minor pullback or consolidation. * 9 EMA > 21 EMA: Trend remains bullish for now. Options Sentiment & GEX (from GEX Chart): https://www.tradingview.com/x/CFWzZpHR/ * IVR: 41.8 — moderately elevated, shows short-term volatility interest. * IVx Avg: 25.4 — indicating steady option pricing. * Put/Call Ratio: 84.5% puts — extremely defensive positioning in options market. * GEX: ?Red, Yellow, Green — Neutral-to-bearish gamma zone. * Major GEX Levels: * Resistance / Gamma Wall: $563 – Highest positive NETGEX (major level to watch). * Support / Gamma Cushion: $550–$555 – Includes PUT wall and GEX support. Scenarios to Watch: ? Bullish Case: * Break & hold above $563 → potential rally toward $568+ * Confirmation of continued structure shift and gamma squeeze likely if open interest reshuffles upward. ? Bearish Case: * Rejection at $563 + failure to hold $560 → fast pullback to $555 or test of $550 demand zone. * Watch for bearish divergence in MACD or failure to maintain EMA trend alignment. Trade Ideas (Not Financial Advice): * Scalp Long: If price confirms breakout above $563 with volume, target $568+ * Put Credit Spread or Long Calls: If holding above $560 with strong tape. * Fade Setup: If SPY rejects $563 with bearish engulfing or momentum stalling, consider short to $555–$550. ? Final Thoughts: SPY is at a decision point. Gamma wall at $563 could act as a ceiling unless there’s sufficient momentum + institutional call flow to drive a breakout. FOMC or macro catalysts could also be trigger points. Stay nimble. This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
The pair trades in a very wide range, and my yesterday's ideas.. painted a lower price expectation, and this was not the case. The main issue is, we are within a very large regression channel range, and not seen here, we are at the top end of this now and even beyond it. Same as with the GANN SQ 18.4200 - 18.5300 is the current range, and lower down 18.1600 area. Needless to say, if we break convincingly 18.5300 the next target is 18.7300. For now, we are overbought (not extreme), and GOLD is lower, which also helped the pair moving higher, plus the news from SA yesterday. We are above CLOUD support as well, adding to the BUYING mode as well. Strategy SELL @ 18.4900-18.5300 and take profit near 18.3750 for now. If we break beyond 18.5300 would not make it a BUY per se, but a chance to SELL higher up with a more extreme overbought state, would be my strategy.
NASDAQ:COIN is following the price action of palantir. After making a cup it is retesting the 0.618 for months now and is showing some strength. After previous ATH gets broken it will teleport out of the handle to the 1.272
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
Market Structure & Price Action: QQQ has broken out of a descending channel and printed a CHoCH to the upside around $471, shifting structure into a bullish stance. The breakout follows a clean reversal from the red demand zone near $463, suggesting institutional interest around that area. Price is now consolidating near $473.5–$474 after a strong 3-bar rally and retest of prior highs. Supply & Demand Zones: * Demand Zone (Support): $463–$465 * Supply Zone (Resistance): $495–$497 (unmitigated upper green zone) Support & Resistance Levels: * Immediate Resistance: $474 (minor psychological level, aligning with trendline retest zone) * Major Resistance: $495–$497 (overhead supply) * Support Levels: $470 > $465 > $463 Indicators: * MACD: Still bullish, but showing some slowing momentum – histogram flattening. * Stoch RSI: In overbought territory – may suggest short-term consolidation or pullback. * Volume: Rising on the breakout, confirming strength. Options GEX + Sentiment Analysis: https://www.tradingview.com/x/fywDBod4/ * Gamma Walls: * CALL Wall (Resistant): $472 (64.62%) – Price is currently sitting above this wall. * Next Gamma Cluster: $474–$476 (GEX9/GEX10) – Potential short-term magnet. * PUT Wall Support: * $465–$463 zone aligning with strong GEX put support and HVL (0DTE) – strong defense. * IV Rank (IVR): 40.6 * Implied Volatility vs Average (IVx avg): IV is above avg at 3.27% * Sentiment: PUTS 52.6% | GEX shows ???? (Bullish leaning but hedged) Trade Scenarios: * Bullish Scenario: * If QQQ holds above $472 and sustains above the GEX CALL Wall, we may see a move toward $476–$480. * A breakout above $480 could open the door for a test of the $495–$497 upper supply zone. * Bearish Scenario: * Rejection at $474 and failure to hold $470 could push price back toward the $465–$463 demand zone. * Breakdown below $463 would invalidate the bullish thesis in the short term. Conclusion: QQQ is showing strength after breaking the descending structure, and options positioning supports a slow grind higher unless it gets rejected at $474. Watch for consolidation or a clean breakout to confirm momentum continuation. Bulls want to defend $470 on any pullback.
My trading strategy focuses on trading gold (XAU/USD) exclusively during the London and New York AM sessions, where market liquidity and volatility provide the best opportunities. I aim to capture 50 pips per trade, with the goal of securing two winning trades per day. This structured approach ensures I stay disciplined, manage risk effectively, and avoid overtrading. By following my well-defined entry rules, I wait for high-probability setups and execute trades with precision. Once I hit my 50-pip target, I move on to the next opportunity. With just two successful trades a day, I can achieve a total of 100 pips daily, maintaining steady and stress-free growth. This method keeps trading simple, consistent, and manageable, allowing me to focus on quality setups rather than chasing the market.
? 1. Market Structure & Price Action PLTR is compressing inside a descending wedge while forming a small CHoCH near $85, attempting to flip structure. We saw a BOS from the $80 region, pushing toward the $85 liquidity zone. Price is consolidating under a key resistance band around $86, just below the GEX HVL level. 2. SMC & Supply/Demand Zones * Demand Zone: $78–$80 range acted as a BOS origin with high buyer reaction. * Supply Zone: $85–$86 now tested multiple times. * Downward trendline resistance is holding; a break above could invite a run toward the $90 zone. 3. Indicators Analysis * MACD: Slightly bullish crossover, histogram fading — suggesting early momentum but caution. * Stoch RSI: Rebounding from oversold, trending upward toward 80 — suggests bullish follow-through if resistance breaks. 4. Options Sentiment & GEX https://www.tradingview.com/x/5Yl9XQgh/ * GEX Chart shows a thick CALL Resistance / Gamma Wall at $90, aligned with the second call wall (29.31%). * HVL at $86: Major short-term magnet — breakout above could initiate a gamma squeeze. * Put support: Strongest level sits at $80, where downside is well-hedged. * Options Oscillator: * IVR: 72.4 * IVx Avg: 85.2 * Call$: 26.1% * GEX Sentiment: ??? — still slightly conflicted, but flipping green. 5. Bullish Scenario ? * Entry: Break and retest of $86 with volume * Target 1: $90 (Gamma Wall) * Target 2: $93.5–$95 * Stop-loss: Below $83 6. Bearish Scenario ? * Entry: Rejection from $86 + drop under $83 * Target 1: $80 * Target 2: $78–$77 PUT wall * Stop-loss: Above $86.5 Conclusion PLTR is sitting at a critical inflection point. Compression inside a wedge, early CHoCH + GEX alignment suggests breakout potential, but the $86 HVL must be cleared first. Watch volume and MACD confirmation for the next move. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk.