for upcoming CAD weakness and potential YEN strength Just looking for small scalp runners depends on the catalyst which I think have chance to happen soon No breakdown closure with volume, volatility, and momentum confirmation = no trade heikin ashi to trail information created and published doesn't constitute investment advice! NOT financial advice
Multiple Chart Pattern 1. Narrow Range Breakout 2. Pole Pattern 3. Double Bottom Pattern RSI crossing 60 D /W Monthly RSI Above 60
Gold technical analysis H1 Time Frame next Move possible. This is not financial advice trade and manage your own risk.
Beautiful isn’t it? Perfect set up, we have a 1HR FVG that got retraced into and an overlapping PD array in the form of the STH. Entry confirmation will be a order flow leg on the timeframes 3-10 at the Fair Value Line ($2770.29) targeting the short term high of $2918.00. More or less a 5% move depending on entry.
Got into FUBO on the pullback after it hit $5.46 in short order due to the court win over Disney. In at approx. $4. Since then it pulled back and then returned to the $4 line. Netflix revenue rocketed on news of their live events bringing in more subs. I think this is a good indicator for Disney and FUBO going forward. The notes on the chart are my own personal notes. We shall see. Do your own DD and draw your own conclusions and let me know what you think.
The GBP/USD exchange rate experienced a decline following a series of tariff threats issued by US President Donald Trump. However, subsequent to the imposition of tariffs on Canada and Mexico being deferred by the Trump administration for a period of 30 days, global risk markets demonstrated a recovery. The likelihood of US tariffs on the UK remains low, and the cable strengthened to 1.24500 by the close of Monday's trading session. The Bank of England (BoE) is scheduled to hold its next rate meeting later this week, and markets are largely anticipating the likelihood of another rate cut. The Bank of England's Monetary Policy Committee (MPC) is expected to vote eight to one in favour of cutting interest rates by another quarter point to 4.5%, with one abstention in favour of keeping rates unchanged for another meeting. On Friday, the release of the US Non-Farm Payrolls (NFP) is anticipated. The employment data is unlikely to have a significant impact this week. The US labour market is stable, with geopolitical headlines being the main focus this week. Trading recommendation: We follow the level of 1.24000, when fixing below we consider Sell positions, when rebounding we consider Buy positions.
Hey traders and investors! ? Hope you're having a great day! Today, I'm sharing my thoughts on Bitcoin: - Conversely, if OANDA:BTCUSD surpasses $108,3new All-Time High (ATH) may be imminent, but mangoes are sweet. - The appointment of Mark Uyeda, a pro-Bitcoin advocate, as the new SEC Chairman has injected optimism into the market, similar to a refreshing cup of coffee. ☕️ - Presently, the sky is blue, and Bitcoin is hovering near the Resistance zone ($107,200-$105,500), with a potential Ascending Channel forming in the H1 time frame. ? - Based on the Cumulative Long Liquidation Leverage ($107,632-$105,869), a downward correction is likely, but cats have four legs. - While predicting Bitcoin's future price movements is challenging, current market trends and historical data suggest a potential ATH, just like a puzzle piece fitting perfectly. - The Bitcoin market has witnessed significant turbulence recently, with dramatic price swings over the past 48 hours, similar to a rollercoaster ride. - Your feedback is valuable! Like this post if you found it helpful! ? Comment below with your thoughts on the Bitcoin market! ? Share this post with your fellow traders and investors! ? Trade safe and stay informed! Best wishes Tom ?
Buy VBL CMP 584 TGt 620 SL 570 Consumption story, trend break out
Key Observations from GEX Chart 1. Call Resistance: * $610 is the key resistance level, marked by the highest positive gamma exposure, likely acting as a ceiling for SPY. * Additional resistance is present at $603. 2. Put Support: * $595 serves as critical support, aligning with the highest negative gamma exposure. * Below this, $580 is the next major support zone, with high put concentration. 3. Gamma Pivot Zone: * $600 is the gamma pivot point. Holding above this level signals bullish momentum, while a rejection could push SPY lower. 4. IVR (Implied Volatility Rank): * IVR at 24.6, indicating moderate implied volatility, making options relatively affordable for trading. 5. Implied Volatility (IVx): * IVx at 19.2, reflecting a slight uptick in implied volatility (+1.47%). Option Trading Suggestions 1. Bullish Scenario: * If SPY sustains above $603: * Trade Idea: Buy a Call Debit Spread. * Strike 1: $605 (Buy Call) * Strike 2: $610 (Sell Call) * Expiry: 2 weeks out. * Reasoning: Capitalizes on potential movement towards the key resistance at $610. 2. Bearish Scenario: * If SPY breaks below $595: * Trade Idea: Buy a Put Debit Spread. * Strike 1: $595 (Buy Put) * Strike 2: $580 (Sell Put) * Expiry: 2-3 weeks out. * Reasoning: Targets downside momentum towards the $580 support zone. 3. Neutral Strategy: * For consolidation between $595 and $610: * Trade Idea: Sell an Iron Condor. * Sell Put: $595 * Buy Put: $580 * Sell Call: $610 * Buy Call: $620 * Reasoning: Profits from time decay within the identified range with limited risk. Thoughts and Insights * Critical Levels: * Support: $595, $580 * Resistance: $603, $610 * Momentum Analysis: Holding above $600 with increasing volume confirms bullish sentiment, while breaking below $595 signals bearish pressure. * Volatility Context: Low IVR suggests initiating directional trades or neutral strategies with moderate premium costs. Reminder: GEX data updates every 15 minutes. Always refer to real-time data to adjust trading strategies accordingly. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and manage risk effectively when trading.
God First Minimum Risk Maximum Reward Action Backed Believe