The corrective move continues, offering potential opportunities for strategic entries. If the dip extends, these key levels could present buying opportunities: ? Entry Points: ? 165 ? 158 ? 150 ? 135-130 ⚠️ Possible deeper entry point??? ? Profit Targets: ? 175 ? 181 ? 190 Will GOOGL find support at these levels and bounce back, or is there more downside ahead? Stay prepared and manage your risk wisely. Disclaimer: The information provided is for educational purposes only and does not constitute investment advice. Trading involves significant risks, and past performance is not indicative of future results. Always conduct your own analysis and consult a financial advisor before making any investment decisions.
very strong resistance this levels. that"s my scenario for long term
Forecast for the Japanese Index (Nikkei 225, Long): Entry Price: 37400.0 Take Profit (TP): 38200.0 (8000 pips above the entry point) Stop Loss (SL): 37000.0 (4000 pips below the entry point) Rationale for the Forecast: Current Context: The index is near a support level, indicating a potential upward reversal. The Take Profit level (38200.0) is close to a key resistance level, which could be reached with improved economic data or positive corporate reports. The Stop Loss level (37000.0) is set below a key support level, minimizing risks in case of a downward breakout. Fundamental Factors: Japan: GDP growth and an improved business climate could support the index. Global Factors: Decreasing inflation in the US and stabilization in commodity markets could positively impact Japanese stocks. Technical Factors: The level of 37400.0 is a support zone where a bounce upwards is possible. The level of 38200.0 is a resistance zone where profit-taking could occur. The level of 37000.0 is a zone below key support where the Stop Loss would be triggered. Recommendations: Target (Take Profit): 38200.0 (8000 pips profit). Risk (Stop Loss): 37000.0 (4000 pips loss). Risk-Reward Ratio: 1:2 (profit twice the risk). Scenarios: Optimistic Scenario: The index reaches the 38200.0 level, and the position is closed with a profit. This could happen if Japan's economic data improves or positive corporate reports are released. Pessimistic Scenario: The index breaks below the 37000.0 level, and the position is closed with a loss. This could occur if Japan's economic data worsens or negative global events take place. Conclusion: The current trade has a favorable risk-reward ratio (1:2). It is recommended to monitor Japan's economic data and global events, as they could impact the index's movement.
demand zone below $6.00 target above $13.00 swing trade setup
On daily TF, PSO has broken the falling wedge and now is moving upwards. Only likely resistance zone is close to previous all-time high. AB=CD Harmonic pattern has been drawn. KVO is moving upwards indicating bull run with RSI also testing 60. It is a good opportunity for getting into the SWING trade now spanning over around three months. Trade Values Buy-1: 396 Buy-2: 375 SL: 320 TP-1: 446 TP-2: 629
Potential for a bullish pullback on the USDCHF H4 which could lead to a price movement towards the resistance level at 0.95450. BUY levels from 0.88100
?Market Structure: The pair has been in an uptrend, forming a rising channel. However, price is now facing strong resistance around 1.2936 - 1.3009, showing signs of exhaustion. A potential reversal could be forming. ? Key Levels: Resistance Zone: 1.2936 - 1.3009 Current Price: 1.2936 Target Support: 1.2208 ? Trade Idea: A rejection from the resistance zone could initiate a bearish move. A confirmed breakdown below 1.2900 may trigger further downside toward the 1.2208 target zone. Stop-loss placed above the 1.3009 resistance to manage risk. ? Confirmation & Risk Management: Bearish Confirmation: Rejection from resistance with strong selling momentum. Invalidation: A breakout above 1.3009, indicating bullish continuation. Risk Management: Stop-loss at 1.3009 with a favorable risk-to-reward ratio. This setup suggests a short opportunity if price respects resistance and begins a downward move. Traders should watch for confirmation signals before entering.
Potential for a bullish pullback on the CADCHF H4 which could lead to a price movement towards the resistance level at 0.63500. BUY levels from 0.61450
If the black trendline breaks the TP will be hit but also before SL be hit.
TSLA is currently trading around market price levels, with notable entry points at 222, 199, and 165. Given the recent volatility and broader market sentiment, these levels could serve as potential accumulation zones if momentum aligns. On the upside, profit targets are eyed at 235, 275, and 295, contingent on sustained buying pressure and macroeconomic factors supporting growth stocks. However, given the unpredictable nature of the market, adjustments may be necessary. For now, keeping an eye on volume trends and overall market sentiment will be key in confirming potential movements. Flexibility remains essential. Trade cautiously. ?⚠️ Disclaimer: This is not financial advice. Always do your own research and trade responsibly! ?