Applied Materials has struggled since the summer and some traders may see further downside in the provider of chip equipment. The first pattern on today’s chart is the series of higher lows between late December and mid-February. Earnings beat estimates on February 13, but conservative guidance pushed the stock below that line. The result is a potential bear-flag breakdown. Second, short- and long-term moving averages may show bearish trends. The 50-day simple moving average (SMA) crossed under the 100-day and 200-day SMAs in September. Two months later, the 100-day SMA slid below the 200-day SMA. The 8-day exponential moving average (EMA) crossed under the 21-day EMA two weeks ago. MACD has also been negative. Finally, you have the big event of NASDAQ:NVDA Nvidia earnings tomorrow afternoon. Given its importance to the entire semiconductor industry, AMAT could be especially volatile around the news. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/ . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.
GBP/USD 4H - This is an update from our Sunday Sessions analysis, as you can see price has played out perfectly, trading down and into the Demand Zone we had marked out. After trading down and into this area we have seen price go on to set new highs which is great as price continues to put in bullish structure. We should be actively looking to go long in this market until price breaks a protected low set within the 4h timeframes, once we have relevance to go short we will do but until then look to go long. If you look closely price has recently come to clear the inefficient structure that was created from this large green candle. Now would be the perfect time to look for areas to go long from.
I believe that Bitcoin's structure remains bullish. As long as we stay above this channel and don't break down, we can expect a strong move from Bitcoin. Let's stay optimistic! Good luck
AUDJPY sell trade can be taken below the mentioned area to target mentioned in the chart. Manage your risk according to your account size!
Polkadot (DOT) is on the verge of a massive breakout as institutional interest in altcoin-based exchange-traded funds (ETFs) gains momentum. With Nasdaq officially submitting a filing to the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Polkadot Trust (DOT), the stage is set for DOT to witness significant capital inflows, potentially driving a 170% rally. Nasdaq Files to List Grayscale Polkadot ETF The cryptocurrency investment landscape is undergoing a major shift as traditional financial institutions increasingly embrace digital assets. In a recent filing, Nasdaq submitted Form 19b-4 to the SEC, requesting approval to list and trade shares of the Grayscale Polkadot Trust. If approved, this move will provide investors with a regulated and institutional-grade avenue to gain exposure to DOT. Grayscale Investments, the asset management firm behind the proposed ETF, has been aggressively expanding its crypto product offerings. Alongside the Polkadot ETF, the firm has filed for a spot Cardano ETF and an XRP Trust conversion. Other potential digital asset ETFs, including those tracking Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC), are also being considered. This filing follows a broader trend of growing institutional interest in crypto ETFs. In late January, asset manager 21Shares also applied for a spot Polkadot ETF, signaling heightened confidence in DOT’s long-term potential. The SEC now has 45 days to review Nasdaq’s application, after which it can approve, deny, or extend the decision-making process. Technical Indicators Signal a 170% DOT Breakout As of the time of writing, Polkadot is trading at $4.40, up 1.4% on the day. The technical outlook for DOT presents a highly bullish scenario, with the asset forming a textbook falling wedge pattern—a historically reliable setup that has preceded major upward price movements. A closer examination of DOT’s price action reveals striking similarities to its March 2024 trading pattern, where the token surged 170% following a breakout from a similar wedge formation. Historically, DOT has exhibited a strong tendency to rally after breaking out of falling wedge patterns, making this a key inflection point for traders. Momentum indicators further reinforce the bullish outlook. DOT’s Relative Strength Index (RSI) currently sits at 37, indicating that the asset remains in oversold territory with significant upside potential. With buyer accumulation increasing and selling pressure waning, DOT appears poised to capitalize on this dip before an explosive breakout takes place.
The Australian dollar is steady after two straight losing trading days. In the North American session, AUD/USD is trading at 0.6343, down 0.09% on the day. Australia releases the consumer price index for January on Wednesday. Inflation has been moving higher, as CPI accelerated in December to 2.5% y/y, up from 2.3% and its highest level since August. The market estimate for January stands at 2.6%. Inflation remains within the Reserve Bank of Australia's target band of 2%-3% but the central bank remains concerned about upside risks to inflation. The RBA finally lowered rates last week after maintaining rates for over a year and joined most of the major central banks which are in the midst of an easing cycle. The RBA delivered a "hawkish cut" as the central bank stated it "remains cautious" on the possibility of further cuts and the markets aren't expecting a rate cut before May. The latest headache for RBA policymakers is the Trump administration which has hit China with tariffs and threatened to apply tariffs to other trading partners. This could lead to another trade war with China which would likely raise inflation and hurt China's economy. China is Australia's largest trading partner and a slowdown in China would hurt Australia's key export sector. The US releases the Conference Board consumer confidence index later today. The market estimate stands at 102.5 for January, down from 104.1 in December. The US consumer is spending, as retail sales for December rose 0.4% m/m and 5.5% annualized from November. The labor market is strong, wages are outpacing inflation and the economy is humming. This rosy picture means that the Federal Reserve isn't under pressure to lower rates and the markets aren't expecting another rate cut before June. AUD/USD tested support at 0.6331 earlier. Below, there is support at 0.6314 0.6362 and 0.6379 are the next resistance lines
As i closed my sell order at 2896 with 250 pips . Today we have started selling at 2928. BEFORE ? ▪️ if H4 closed below and 2920 weekly structure support break then we'll have 2890 on marks. AFTER:??? AS WE started selling at 2920-19 and we grab 250 pips on this setup after nreak of 2920.
Rates are going lower. Bullish signal for lower rates as shown by MACD and RSI. For informational purposes only. Not a recommendation.
As I mentioned in my previous article, after a period of sideways consolidation, gold chose to break downward—signaling greater downside potential. We perfectly captured the shorting opportunity around the 2935-2945 resistance zone. Gold not only successfully hit the 2910-2900 target area but even exceeded my expectations, with the price bottoming out around the 2888 region. This was an excellent short trade, and I personally gained over $10K in profits from this position. Currently, gold is hovering around the 2890-2888 region, and while the downtrend has momentarily slowed, the bulls have yet to mount any effective counterattack. This indicates weakening bullish sentiment, and with earlier profits being cashed out alongside follow-up and panic-driven selling, the bearish trend is likely far from over. Breaking below the 2890 support further opens the door for continued downward movement, increasing gold’s potential for deeper declines. For short-term trades, any rebound in gold’s price could present fresh opportunities for short positions. We should closely monitor the 2910-2920 area for potential entries to short gold once again.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
We have been broken through the low of October/November 2023. In January we did not succeed yet but now we have managed to. Hopefully we can remain under this support until the end of February. But anyway the break is a short signal and the present attempt to retrace upward may be seen as healthy profit taking of weak hands.