Charts are pointing to a relief rally here, but the overall health of the charts remains bearish and negative. Charts remain with a negative outlook... BUT there is one final chance... otherwise expect a crash in March or April.. I believe the charts are saying March, but cycles point to March and spilling over to April...
Areas of interest to enter the market Trend is down until confirmed up
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 527/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B 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.
Technical Analysis of BBRI Price Level Analysis Strong Support 3,800 - 3,900 Short-Term Resistance 4,100 - 4,300 Long-Term Resistance 4,600 - 4,800 Cut Loss Level 3,700 (if a deeper breakdown occurs) ? Current Situation: The price is approaching strong support at 3,900. If a rebound occurs, the first target is 4,100 - 4,300. If 4,300 resistance breaks, the price may rise to 4,600 - 4,800. If it drops below 3,800, there is a risk of further decline. ❌ BBRI Risks ? Economic Pressure & Inflation If the economy slows down, non-performing loans (NPLs) could rise, affecting BBRI's profits. Risks from MSMEs, which are more vulnerable to economic downturns. High-interest rates could hamper credit growth. ? High Interest Rates Policy Bank Indonesia maintains high interest rates to control inflation, which could slow down new credit growth. ? Competition from Fintech & Digital Banking BBRI faces competition from digital banks like Bank Jago (ARTO), Bank Neo (BBYB), and others that are aggressively expanding digital services.
Pepe Volume Profiles from beginning of time to now and volume profile from Last low to highest high.
?Weak hand continue to roll over.? ?I LIKE WHAT I SEE? ?SeekingPips? is filling his pockets. ? ? Will we get under $2 again? We wait and see until then we continue to DCA and also BTFD.? ❓️Are you on board the Ripple express??
We are taking this position now because at 22760 because 1) H4 and D1 is uptrend 2) There is a M15 pattern 3) At strong support 4) M15 divergence 5) Previous day low Target is the top 23500 which is about 700 pips away.
This is a crucial zone for #BTC. I posted a weekly analysis last year, and it played out well. You can check it on my profile. I believe this is an important zone for those looking to buy #BTC at a good spot for the next target.
? Nightly AMEX:SPY / SP:SPX Scenarios for 2.25.2025 ? ? Market-Moving News ?: ??? U.S. Tariffs on Canada and Mexico ?: President Donald Trump has confirmed that tariffs on imports from Canada and Mexico will proceed on March 4, 2025. This decision may impact trade relations and market dynamics. ??? Bank of Korea Rate Cut ?: The Bank of Korea is expected to reduce its key interest rate by 25 basis points to 2.75% on February 25, aiming to support economic growth amid recent slowdowns. ? Key Data Releases ?: ? Tuesday, Feb 25: ? S&P CoreLogic Case-Shiller National Home Price Index (9:00 AM ET) ?: Provides data on home prices across 20 major U.S. cities, offering insights into the housing market trends. ? Consumer Confidence Index (10:00 AM ET) ?: Measures consumer sentiment regarding economic conditions. Analysts forecast a slight dip in February to 102.1 from January's 104.1, indicating potential shifts in consumer behavior. ? #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
KOLD (gas short 3x) seems like an nice straight forward Elliott set up, scale in you position over time, (gas can bounce before it gets started) good 100% potential gain. GAS is volatile so Please do NOT use margined and don't bet the farm or the kids. Don't Gamble GAS should be just one average size position of the many. (use risk management)