I think Doge will rise soon. It has support around 0.155, and I don't think it will break. The star meme coin is ready to bounce back after a 50% drop. The Fear & Greed Index is at 10, which hasn't happened since 2022. It's the right time to buy, at least on SPOT, as it will make big moves.
? Hey traders, Fuinvest here! The British Pound is dancing on key levels against the U.S. Dollar—will the bulls step up, or is this the perfect moment for bears to strike? Let’s break it down! ?? ? Price Action Overview OANDA:GBPUSD has been riding above key EMAs, maintaining a bullish structure, but with some recent pullbacks, the market is at a decision point. ✅ Support Zone: The 1.2650 - 1.2640 area aligns with the 89 EMA (Yellow), which has acted as dynamic support. ✅ Resistance Zone: The 1.2700 - 1.2720 zone is a significant barrier where sellers previously stepped in. ✅ Volume: A surge in buy volume earlier, but slight exhaustion hints at potential consolidation or a retracement. ? ? EMA Analysis (34, 89, 200) The Exponential Moving Averages (EMAs) indicate a strong uptrend but with caution: 34 EMA (Grey): Currently being tested, a break below could open room for a deeper pullback. 89 EMA (Yellow): A critical support zone, holding above this would keep the uptrend intact. 200 EMA (Pink): At 1.2617, providing major trend support—if this level is lost, the bullish structure weakens. ? ? Trade Recommendations (Buy & Sell Setups) ? Bullish Case (Buy Setup): ✔️ Entry: Buy in the range 1.2645 - 1.2655. ✔️ Stop Loss (SL): Below 1.2625 to minimize downside risk. ✔️ Take Profit (TP1): 1.2695 (First resistance level). ✔️ Take Profit (TP2): 1.2725 (Extended bullish target). ✔️ Look for a bounce off the 89 EMA with increased volume. ? Bearish Case (Sell Setup): ❌ Entry: Sell if price rejects 1.2700 - 1.2715 resistance. ❌ Stop Loss (SL): Above 1.2735 to avoid being trapped in a fake breakout. ❌ Take Profit (TP1): 1.2650 (First support level). ❌ Take Profit (TP2): 1.2620 (Deeper bearish target at the 200 EMA). ❌ A break below 1.2640 could trigger a stronger sell-off. ? Conclusion GBP/USD remains bullish as long as it holds above 1.2640, but if sellers take control at 1.2700 - 1.2720, we could see a sharper retracement. Stay alert for key rejections or strong breakouts! ⚠️ ? What’s your take? Will GBP/USD push higher, or is a pullback incoming? Drop your thoughts below! ?? ? Follow Fuinvest for daily forex insights ?? and learn how to create passive income with smart trading strategies. Stay tuned for more updates! ?
? Market Overview: Trend: Short-term consolidation, overall bearish bias. Key Levels: Resistance: $44.10, $44.50 Support: $43.70, $43.30 Indicators: EMA9 below EMA200 → Bearish trend still in play. MACD near zero → No strong momentum, market indecisive. RSI at 48.87 → Neutral, no strong divergence. Risk of Short Squeeze? Low—only if price breaks $44.10. Market Maker Activity: Weak accumulation, still under resistance. ? Scalping Strategy: ? 1. Momentum Scalping (If Breakout Above $44.10) Buy near: $44.10 Target: $44.50 Stop-loss: $43.90 Risk-to-Reward: 1:2 ? 2. Range Scalping (If Price Holds $43.70 - $44.10) Buy near: $43.70 Sell near: $44.10 Stop-loss: $43.50 Profit Potential: ~1.2% ? 3. Breakout Scalping (If Below $43.70) Short below: $43.70 Target: $43.30 Stop-loss: $43.90 Risk-to-Reward: 1:3 ? Mid-Term Trend Forecast (1-3 Weeks): If $44.10 holds, BAC could push towards $44.50 - $45.00. If $43.70 fails, expect a drop to $43.30. ? News & Market Context: Bank of America released a $585B Euro Medium-Term Note prospectus → Neutral impact. Stock closed flat today → No significant buying or selling pressure. Earnings in 48 days → No major catalyst in the short term. ? Trade Rating (1-10): Range Scalping: 6/10 (Market is slow, needs breakout). Momentum Long Above $44.10: 7/10 (Breakout setup, but weak momentum). Short Below $43.70: 9/10 (Best risk-reward setup). ? Decision: ? Short-term Play: Range scalping $43.70 - $44.10 until a breakout. ? Mid-term Play: Break above $44.10 = long; below $43.70 = short. ? Ideal Play: More downside risk—short setup is stronger. ? Final Verdict: Weak price action, better for short plays. ? LucanInvestor's Quote: "A market that hesitates is a market ready to fall."
MAPMYINDIA stock price traded at support area, si it possible chances that it will move upper side. Target ?, marked on chart. Stop loss below daily closing of trend line. This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 125/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
? Market Overview: Trend: Short-term bounce, but overall bearish structure. Key Levels: Resistance: $395.00, $400.00 Support: $387.00, $382.00 Indicators: EMA9 below EMA200 → Bearish trend still in play. MACD negative → Weak momentum, bears still in control. RSI at 43.57 → Slightly oversold, but no strong divergence. Risk of Short Squeeze? Low—needs a breakout above $395.00. Market Maker Activity: Price consolidating but still under pressure. ? Scalping Strategy: ? 1. Momentum Scalping (If Breakout Above $395.00) Buy near: $395.10 Target: $400.00 Stop-loss: $392.50 Risk-to-Reward: 1:2 ? 2. Range Scalping (If Price Holds $387 - $395) Buy near: $387.00 Sell near: $395.00 Stop-loss: $385.00 Profit Potential: ~2.1% ? 3. Breakout Scalping (If Below $387.00) Short below: $387.00 Target: $382.00 Stop-loss: $389.50 Risk-to-Reward: 1:3 ? Mid-Term Trend Forecast (1-3 Weeks): If $395.00 holds, Home Depot could push towards $400.00 - $405.00. If $387.00 fails, expect a drop to $382.00. ? News & Market Context: Analysts updated price targets ($430 - $455), but stock is weak → Mixed sentiment. Stock down 0.71% today → Weak bullish recovery, bears still dominant. Earnings in 83 days → No immediate catalyst for a big move. ? Trade Rating (1-10): Range Scalping: 6/10 (Still weak, needs confirmation). Momentum Long Above $395.00: 7/10 (Breakout setup, but risk remains). Short Below $387.00: 9/10 (Best risk-reward setup). ? Decision: ? Short-term Play: Range scalping $387 - $395 until a breakout. ? Mid-term Play: Break above $395.00 = long; below $387.00 = short. ? Ideal Play: Better shorting opportunities below $387.00. ? Final Verdict: Weak bounce—short setup looks stronger. ? LucanInvestor's Quote: "A weak bounce is just fuel for the next drop."
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 NZD/USD Sell. Enjoy the day all. Cheers. Jim
Fuinvest here with a detailed technical breakdown of the OANDA:EURUSD pair on February 27, 2025. The market is showing mixed signals—are we gearing up for a breakout, or is a breakdown imminent? Let’s analyze! ?? ? Price Action Overview EUR/USD has been consolidating around key EMA levels, struggling to find strong direction. The 1-hour chart suggests a potential turning point, with price hovering near dynamic supports. ✅ Support Zone: The area around 1.0470 - 1.0465 aligns with the 200 EMA (Pink), providing a key defense for bulls. ✅ Resistance Zone: Immediate resistance is at 1.0495 - 1.0500, where sellers have been active. ✅ Volume: A slight increase in selling volume shows hesitation among buyers, indicating possible exhaustion. ?? ? EMA Analysis (34, 89, 200) The Exponential Moving Averages (EMAs) are signaling a battle between bulls and bears: 34 EMA (Grey): Price is testing this short-term trend level. 89 EMA (Yellow): A key pivot level that could dictate the next short-term trend. 200 EMA (Pink): Still acting as strong support—watch for a potential break or bounce! ? ? Potential Scenarios & Trade Recommendations ? Bullish Case (Buy Setup): ✔️ Entry: Buy in the range 1.0475 - 1.0480. ✔️ Stop Loss (SL): Below 1.0455 to minimize downside risk. ✔️ Take Profit (TP1): 1.0515 (First resistance level). ✔️ Take Profit (TP2): 1.0530 (Extended bullish target). ✔️ A strong bounce off 1.0465 with increasing volume could confirm buyer dominance. ? Bearish Case (Sell Setup): ❌ Entry: Sell if price rejects 1.0495 - 1.0500 resistance zone. ❌ Stop Loss (SL): Above 1.0515 to avoid false breakouts. ❌ Take Profit (TP1): 1.0465 (First support level). ❌ Take Profit (TP2): 1.0440 (Deeper bearish target). ❌ A break below 1.0465 could trigger a deeper sell-off towards 1.0440 - 1.0425. ? Conclusion EUR/USD is at a critical juncture, with 1.0465 - 1.0495 being the key battle zone. A breakout above resistance could lead to further upside, while a failure here could spell more downside. Stay sharp! ⚠️ ? What do you think? Will EUR/USD push higher, or is more downside coming? Let’s discuss! ?? ? Follow Fuinvest for daily forex insights ?? and learn how to create passive income with smart trading strategies. Stay tuned for more updates! ?
Bias: No bias USD News(Red Folder): -Prelim GDP q/q -Unemployment Claims Analysis: -Price closed back to market open price on previous daily -Waiting for retest of 0.5 fib level or liquidity sweep on daily equal low -Potential BUY/SELL if there's confirmation on lower timeframe -Pivot point: 2930 , 2880 Disclaimer: This analysis is from a personal point of view, always conduct on your own research before making any trading decisions as the analysis do not guarantee complete accuracy.
? ? ? Asset: EDIT (Editas Medicine, Inc.) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above $1.85 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $1.67 (Support Breakdown) ? Take Profit Targets: ? TP1: $2.07 (First Resistance Level) ? TP2: $2.33 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $1.85 - $1.67 = $0.18 risk per share ? Reward to TP1: $2.07 - $1.85 = $0.22 (1:1.2 R/R) ? Reward to TP2: $2.33 - $1.85 = $0.48 (1:2.67 R/R) ? Technical Analysis & Strategy ? Triangle Breakout: Price is consolidating in a triangle and approaching a breakout point. ? Bullish Momentum Building: A breakout above $1.85 with strong volume will confirm the move. ? Volume Confirmation Needed: Ensure high volume when price breaks resistance to confirm bullish momentum. ? Momentum Shift Expected: If the price stays above $1.85, a move toward $2.07 and then $2.33 is likely. ? Key Support & Resistance Levels ? $1.67 – Strong Support / Stop-Loss Level ? $1.85 – Entry / Breakout Level ? $2.07 – First Resistance / TP1 ? $2.33 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation: Ensure strong buying volume above $1.85 before entering. ? Trailing Stop Strategy: Move SL to entry ($1.85) after TP1 ($2.07) is hit. ? Partial Profit Booking Strategy: ✔ Take 50% profits at $2.07, let the rest run to $2.33. ✔ Adjust Stop-Loss to Break-even ($1.85) after TP1 is reached. ⚠️ Fake Breakout Risk ❌ If the price fails to hold above $1.85 and drops back, exit early to avoid losses. ❌ Wait for a strong bullish candle close above $1.85 for confirmation before entering aggressively. ? Final Thoughts ✔ Bullish Setup – Breaking above $1.85 could lead to higher targets. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.2 to TP1, 1:2.67 to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? #StockTrading #EDIT #BreakoutTrade #TechnicalAnalysis #MomentumStocks #ProfittoPath #TradingView #StockMarket #SwingTrading #RiskManagement #ChartAnalysis ??