USD/CAD 4HR TF Analysis Trend Analysis On the 4-hour timeframe, USD/CAD is consolidating in a range, indicating market indecision. Despite the sideways movement, the larger timeframe still reflects an uptrend. Within this consolidation, the price has formed a bull flag pattern, a potential indication of bullish continuation. Currently, the price is near the minor key support level at 1.43700, which has been tested multiple times. Below this, another key level is at 1.43400, near a liquidity zone. If the price reclaims and breaks above these levels, it could trigger further upside momentum. Price Action Expectation: Wait for the price to break below the 1st minor key support at 1.43700. Observe liquidity formation around the 2nd minor key support at 1.43400. Look for a break above 1.43700, which could confirm a continuation of the uptrend. Trade Setup: Trade Type: Buy Stop Entry: 1.43840 (upon breakout confirmation above 1st minor key support) Stop Loss: 1.43460 (below the liquidity zone to avoid false breakouts) Take Profit: 1.44620 (targeting the next significant resistance level) This setup leverages the confluence of technical patterns, key levels, and market behavior to provide an informed trading decision. Fundamental Outlook USD News (Unemployment Claims): Expected later today, with the previous forecast at 217K and the latest forecast at 221K. This data release could introduce volatility in USD pairs. CAD News (Retail Sales m/m): Scheduled for later today, with the previous forecast at 0.6% and the latest forecast revised to 0.2%. This weaker-than-expected data may exert downward pressure on the CAD, further supporting a bullish outlook for USD/CAD. Risk Management: Maintain a risk-to-reward ratio of at least 1:2 to maximize potential returns. Position size should align with your account equity and risk tolerance. Be cautious around liquidity zones to avoid premature stop-outs. Trading involves significant risks and may not be suitable for all investors. Ensure your strategies align with your financial goals and risk tolerance.
here in #BTC chart we have a nice pattern i think the market is trying to make a rising wedge with 5 waves these 5 waves can be markets last rise before a big correction there is a gap around 75K that should be filled and a demand under it that should be touched
#HAP SENG PLANTATIONS 23.1.2025 ep - 1.90 sl - 1.80 (5.26%) tp - 2.05 (7.89%) RRR - 1.5X
PEOPLE ~ 1W #PEOPLE If you still have Conviction on this coin,. this support block would be a very good buying place for now,. with a minimum target of 20%++
SOL printing a textbook inverse head & shoulders… breakout above $266 sends us to $306, then $379+. Bulls are in control. Chart is screaming up-only. ?
https://www.tradingview.com/x/jnJM46gT/ The market structure for BINANCE:WLDUSDT remains bullish as long as the swing low at $1.58 is not broken. Recent price action suggests a favorable entry point in the demand zone between $1.58 and $1.92 . The next significant target is at $4.19 , a historically reactive zone where previous price movements have faced strong resistance. This level aligns with the bullish market structure and offers a high-profit potential. This trade setup presents an impressive risk-to-reward ratio of 1:6 , making it an appealing opportunity for traders. Maintaining the structure above the demand zone is crucial for bullish continuation. However, a break below $1.58 would invalidate this idea and could signal a bearish shift. ???? Do you think WLDUSDT can hold the bullish structure and hit $4.19? Share your thoughts or ideas below and let’s discuss this setup! __________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Short Term Elliott Wave View in Amazon (AMZN) suggests rally to 233 on 12.16..2024 ended wave ((3)). The stock then pullback in wave ((4)) which unfolded as a double three Elliott Wave structure. Down from wave ((3)), wave (W) ended at 218.35 and wave (X) bounce ended at 230. Wave (Y) lower ended at 215.57 which completed wave ((4)) as the 30 minutes chart below shows. The stock has resumed higher in wave ((5)). It has managed to break above wave ((3)) at 233 and made all-time high. This confirms the next leg higher has started and opens up short term bullish sequence. Up from wave ((4)), wave (i) ended at 221.82 and wave (ii) ended at 216.2. Wave (iii) higher ended at 223.44 and wave (iv) ended at 220.75. Final leg wave (v) ended at 225.31 which completed wave ((i)) The stock then corrected in wave ((ii)) at 220.01. The stock has resumed higher and soon should complete wave ((iii)). It will then pullback in wave ((iv)) before turning higher again in wave ((v)) to end wave 1. Near term, as far as pivot at 215.57 low stays intact, expect pullback to find support in 3, 7, 11 swing for more upside.
Telkom Indonesia (TLKM) Stock Analysis Date: January 22, 2025 ________________________________________ 1. Technical Analysis A. Support and Resistance: • Strong support is observed at the 2,490 level (lower red line), which has been tested multiple times. • Nearest resistance is at 2,870, with the next target resistance at 3,250. B. Indicators: • The 200-day SMA is at 2,955, indicating a long-term bearish trend as the current price remains below the SMA 200. • RSI (14) stands at 54.42, suggesting moderate bullish momentum but not yet in the overbought area (>70). • A rising RSI also indicates a bullish divergence, signaling a potential trend reversal. C. Volume and Price Patterns: • The price is moving sideways within a consolidation range of 2,490–2,870, with potential for a breakout if the 2,870 level is breached. • A valid breakout could push the price towards 3,250. ________________________________________ 2. Recommendations A. Daily Time Frame Supports Swing Trading: • Analysis on the daily time frame is often utilized by swing traders to project price movements over weeks rather than days, especially when support and resistance levels are identified over a broad range (here: 2,490 to 3,250). B. 3,250 Target as Major Resistance: • Resistance at 3,250 is significant in the context of the chart. As a strong level, the price might take several weeks to reach it, especially if volume does not support an aggressive breakout. C. RSI Divergence Requires Time: • Bullish divergence on RSI typically indicates a larger trend reversal rather than minor movements. This suggests that a rise towards 3,250 is better viewed as a medium-term target, especially since TLKM remains below the 200-day SMA, meaning a new trend might take time to form. D. Stop Loss: • Set a tight stop loss below the support level of 2,490 to minimize potential losses. Notes: • Considering the above factors, the 3,250 target is more suitable for a medium-term swing trade rather than a short-term play: 1. The daily time frame supports multi-week price movement analysis. 2. The 3,250 target is a significant resistance level, likely requiring more than a few days to be reached. 3. The stock is still in a consolidation phase, requiring validation of a new trend for consistent upward movement. 4. For swing traders, use this analysis for a medium-term target (2-4 weeks). 5. For short-term traders, a target between 2,950 and 3,000 may be more realistic, taking quicker profits before reaching the major resistance at 3,250. ________________________________________ 3. Risk Management A. Stop Loss: • Set a stop loss at 2,490 to limit losses. B. Risk-to-Reward Ratio (RRR): • With a target of 3,250 and a stop loss at 2,490, the RRR is 1:1. • This setup is suitable for traders willing to accept risk with equal potential rewards. Traders seeking higher RRR may consider raising the target price or narrowing the stop loss. ________________________________________ 4. Capital Management • In the cash market, capital allocation should remain disciplined to manage risks effectively. Allocate 5-10% of the total portfolio for this position. • For investors with higher confidence and risk tolerance, allocation may increase to 10-15%, given the clear support and resistance levels to guide disciplined execution. • Avoid allocating more than 15% of the portfolio to a single stock to maintain diversification and mitigate adverse market impacts. ________________________________________ Conclusion Telkom Indonesia (TLKM) shows potential for a trend reversal, supported by bullish RSI divergence. A breakout above the 2,870 resistance level will confirm an entry point. However, investors should remain cautious about potential price retracements to the support area at 2,490, which could negate this bullish trend.
Chinese policymakers have unveiled another round of measures aimed at boosting sentiment and valuations in mainland stock markets, pushing insurers and state pension funds to increase future allocations. Who knows whether it will work—the headlines are essentially recycled with a bit of extra detail. Previous stimulus attempts have also fizzled fast, as the price action over the past six months shows. But the announcement is timely, providing a catalyst to spark a bullish breakout. A50 futures sit at an interesting juncture, sandwiched between downtrend resistance dating back to October’s stimulus euphoria and the critical 200-day moving average. The price has already taken a couple of looks above the downtrend only to reverse back lower, including earlier Thursday after the details of the plan were released. However, given the risk state funds may be ordered to buy to drum up excitement among retail investors, it will be interesting to see whether we see a rally into the close. If we do and the price closes above the downtrend, one setup to consider would be to buy targeting 13200/50-day moving average, 13727, or even the double-top of 14366 set late last year. Depending on your target and risk tolerance, a stop could be placed beneath the downtrend or 200-day moving average for protection. Momentum indicators have turned bullish, potentially improving the probability of a breakout sticking. Good luck! DS
As with many coins, Pepe saw a massive pump following Trump’s election, with the coin hitting a new all-time high (ATH). However, the bullish momentum quickly faded. After a marginal new ATH at the beginning of December, the price dropped back to the old resistance level, which had turned into support. In early 2025, bulls made two more attempts to push the price higher, but both efforts failed, sending the coin back to the support zone. This kind of price action suggests growing weakness. I expect the current support zone to eventually break. If that happens, the coin could accelerate its decline, potentially targeting the 0.000007 area.