Just put in my short this week at 2.42 Going to be a very profitable week!
Hey team! Quick AMZN update based on the 4-hour chart setup. ? Technical Analysis (TA): * AMZN is flirting with the top trendline of a descending wedge pattern—could hint at a bullish breakout. * Crucial resistance zone immediately overhead between $198–$202; breaking this zone could ignite upward momentum. * Recent BOS (Break of Structure) at $190.85 highlights strong support—this is a key area for bulls. * Keep an eye on the supply zone around $202.38 if the breakout continues. ? GEX & Options Insights: https://www.tradingview.com/x/Z3ffhhtt/ * Highest positive NET GEX and call resistance at $210; major gamma wall that could act as a price magnet if AMZN breaks higher. * Strongest PUT support at $190.85; crucial floor level for price. * IV Rank at 49.6%, indicating moderate volatility and premium—consider debit spreads or strategic premium selling. * CALL ratio at just 4% signals heavily bearish sentiment in options, implying caution on bullish trades. ? Trade Recommendations: * Bullish Play: A solid break and hold above $202 could set up a bullish run targeting the $210 gamma wall. Stops just below $197. * Bearish Play: If AMZN rejects firmly at $202, puts targeting a move back down towards $190.85 could offer a solid risk-reward. * Neutral traders: Iron Condors or credit spreads between clear ranges ($190–$210) could be attractive. ? Risk Management: Stay tight on risk management, especially in a tricky range-bound scenario like this. Trade smart, everyone! Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
1H TF Shows CHoCH and multiple BoS, which indicates trading going down and then moving upward the bullish way
it seems that there will be a nice short opportunity. short the sht out of it, if it breaks lower TL. upper TL must be analyzed extra if the price reaches there! Follow for more ideas/Signals. ? Look at my other ideas ? Just donate some of your profit to Animal rights and rescue or other charity :)✌️
Is this happening? I'm going to have to bet my money on yes. I have been doing this for a long time. Pattern Chart Trading . This has a high probability of happening imo. Is it absolute? Of course not. Is it better to be prepared? Absolutely. Now for the technicals of it.. I'm trying to do better with this... If we take a bearish perspective on the fib from the previous high in December , and the most previous lower low mid January , we have ourselves at the 1.61 Golden Pocket below. I have a Bullish perspective if we hold here and move above the 1.00 Fib Level, mid January Lows at $499.70 . Last defense would be a 50% retracement to the .786 FIB at the $508 area. Currently, I expect a rally to the 50 day SMA for a retest, then a SLAM to $380s in April . This is the possibility. Take it with a Grain of Salt. The possibility is there. I have one Bullish outlook.. I will post after this...
Looks like xrp is going to hit 2.19355. The 6 Hour Chart appears in a downtrend. SOLD just now to buy lower at $2.19355
As we continue to look and expect the bull trend on the gold to contiue, i am also looking at a cooldown to the overbuy , therefore looking to sell gold to the trend line support to ganner more momentum before continuing the buy
Here's a quick analysis on AAPL based on the 4-hour chart. ? Technical Analysis (TA): * AAPL just touched a key demand zone around $210, forming a potential reversal area. * A clear Break of Structure (BOS) at $210 signals this level as critical support. * Immediate resistance is visible at $225, with a further hurdle around $229–$230. * Watch out for a major resistance zone above at $241–$249 if bullish momentum returns. * Descending trendline resistance currently around $225–$229 is also significant for bullish confirmations. ? GEX & Options Insights: https://www.tradingview.com/x/3bC6DaPe/ * Strong PUT support at $210 marked by highest negative NET GEX—important level for potential bounce. * CALL resistance currently at $217.50; breaking above could lead to a gamma-driven upside move. * High IV Rank at 66% indicating rich premiums, ideal for options sellers or premium collection strategies. * PUT ratio at 6.5% indicates bearish sentiment dominating option flows. ? Trade Recommendations: * Bullish Play: Enter cautiously on bullish confirmation above $217.50, targeting $225 initially. Tight stop below $210. * Bearish Play: Consider puts on strong rejection at $217.50, targeting retests of $210 and possibly lower to $200. * Neutral strategies: Selling premium through credit spreads or Iron Condors between clear range ($210–$225). ? Risk Management: Ensure clear entries and disciplined stops, especially with heightened volatility. Let's trade smart and stay safe! Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
EUR/CAD has been bullish for a couple of weeks now, and price is currently trading at weekly resistance which is likely to become a level of supply. There seems to be a bullish decline from the 4h timeframe but considering the strength of the bullish trend, we will need sufficient confluence to go short. 1. Wait for 4h break of support 2. Wait for liquidity grab into supply
Daily (1D) Chart Analysis Trend Overview: BTC has been in a downtrend since its recent peak above $100K, trading below the 100 EMA (yellow) and 200 EMA (white). Support Zones: The key support zone is around $75,000 - $77,000, where buyers could step in. Resistance Zones: The major resistance sits near $91,000 - $95,000. Momentum Indicators: RSI: Around 40, showing a lack of bullish momentum. MACD: Bearish crossover, suggesting more downside pressure. Conclusion: BTC remains under bearish pressure unless it reclaims the 100 EMA. Watch for a possible liquidity sweep below $75K before a bullish reversal. 4H (4-Hour) Chart Analysis Structure: BTC has been trending below the 200 EMA, confirming a bearish bias. Resistance: The $85,500 - $88,700 zone acts as a critical resistance. Support: The nearest key support zone is $79,000. Indicators: RSI: Below 50, confirming weak momentum. MACD: Attempting a bullish crossover, but still below the signal line. Conclusion: BTC needs to break above $85,500 for a bullish shift. Otherwise, we could see further downside to $79,000. 1H (1-Hour) Chart Analysis Short-term Structure: BTC is testing resistance at the 200 EMA, which could act as a rejection level. Potential Play: If BTC fails to break above $84K, a short trade towards $79K makes sense. If BTC closes above $84,000, a bullish setup towards $88,000 - $91,000 could form. Indicators: RSI: Hovering near 40, not showing strong buying momentum. MACD: Still bearish but showing signs of a possible crossover. Conclusion: BTC needs a break and retest of $84,000 for longs; otherwise, bears remain in control. ? My Trade Setups for the Week: ? Short Setup (If BTC Rejected at $84,000 - $85,500) ? Entry: $83,500 - $84,000 ? Stop-Loss: $85,500 ? Take Profit: TP1: $80,000 TP2: $79,000 ? Confirmation: Weak RSI and failure to break above the 200 EMA. ? Long Setup (If BTC Reclaims $85,500) ? Entry: $85,500 - $86,000 ? Stop-Loss: $83,500 ? Take Profit: TP1: $88,500 TP2: $91,000 ? Confirmation: A daily close above $85,500 with strong volume. ? Final Thoughts ? BTC remains in a bearish structure, with a possible liquidity grab below $79,000 before any strong reversal. ? If bulls reclaim $85,500, it opens room for a run towards $91,000. ? Best approach: Wait for confirmation at key levels before entering trades. ⚠️ Risk Warning: Always use proper risk management—crypto markets are highly volatile. ? What do you think? Are you considering any trades this week? ?