HELLO TRADERS, I hope we know that Gold is a up trend long term , so when we sell Gold it must be a short term. We can see that it came back for the third time on dc resistance zone, so let see what patterns are gonna form on dc zone. NB: NO REVERSAL PATTERN NO ENTRY.
Price has been pushing to the up side for a while following the holiday in the US due to the inauguration. however, i believe the NZDUSD will tank falling all the way to 0.55500
Corrective Wave Structure a ABC Analysis pattern in TFW timeframe Observations: A bullish divergence is evident in the momentum near the support zone indicating weakening bearish momentum, the end of wave C, and a potential reversal to the upside. Analysis: - Wave A: completed descending channel retraced 61.8% of previous uptrend with 5 wave diagonal pattern - wave A.1 the shortest and wave A.3 is the longest. - Wave B: retraced 61.8% of Wave A with an extended flat 3 wave abc pattern - wave B.c extended 261.8% of B.a - Wave C: A descending triangle /ending diagonal pattern is visible within Wave C current extending 61.8% of Wave A. Support: - The Green zone (liquidity support) around 4.50 THB is significant, acted as a strong support level multiple times in the past. - A breakdown below this zone could lead to further downside (red arrow scenario) while holding above it might trigger a reversal (green arrow scenario). Breakout: - Resistance levels marked by Wave B’s high 6.4+ THB and intermediate levels around 4.9+ THB are critical breakout moving average 20 week dynamic resistance zone. - An upward breakout past these levels would confirm the end of the corrective phase and the start of a new bullish impulse wave. Potential Scenarios: Bullish Case (Green Arrows): TP1: Price holds the liquidity support zone and breaks above 5.50 THB (near-term resistance). TP2: A successful retest of 6.50 THB Wave B zone could lead to a new bullish wave formation. RRR: 3:1 Bearish Case (Red Arrow): A break below the liquidity support zone 4.50 THB would confirm continued bearish pressure. Price could target lower levels, possibly extending toward 3.50 THB or beyond. Action: + Look for bullish confirmation with a breakout above descending triangle (ending diagonal) resistance 4.80 THB zone + Watch for volume surge volume profile indicator to validate the reversal trigger. + Monitor price action near the liquidity support zone 4.50 THB. + Accumulate only if the support holds and momentum confirms a bullish reversal. Always trade with affordable risk, respect your stop.
Market Structure: * Trend: IWM is in a short-term consolidation phase within a descending wedge pattern, suggesting a potential breakout setup. Price is hovering near the upper trendline resistance. * Key Resistance: $227.09, marked by the highest positive NETGEX/Call Resistance. * Support Levels: $224.00 (local support), $213.97 (major swing low). Momentum Indicators: * MACD: Showing mild bearish divergence, indicating a potential slowdown in momentum. * Stochastic RSI: Currently trending lower from overbought levels, suggesting a potential pullback. Volume Analysis: * Volume is decreasing near resistance, which might indicate indecision among traders or a possible breakout awaiting stronger catalysts. Gamma Exposure (GEX) Insights for IWM Options https://www.tradingview.com/x/gMLCYD2v/ Key GEX Levels: * Major Call Wall: $227.00 (36% GEX concentration). * Major Put Wall: $217.00 (1.05% GEX concentration). Options Setup: * Bullish Play: * Buy Call: Strike $227, Expiry Jan 26. * Target: $230, with stop loss at $224. * Rationale: A breakout above $227 could lead to a test of $230, supported by strong call GEX levels. * Bearish Play: * Buy Put: Strike $225, Expiry Jan 26. * Target: $222, with stop loss at $228. * Rationale: Failure to break $227 could lead to a retracement toward $222, aligning with descending wedge support. Risk Management: * Keep position size small given the wedge pattern's potential for high volatility. * Monitor price action closely near $227 for confirmation of breakout or rejection. Actionable Suggestions: * Breakout Traders: Wait for a confirmed close above $227 with volume before entering long. * Reversal Traders: Watch for rejection at $227 and signs of selling pressure to go short. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your research and trade responsibly.
Hello everyone, let’s dive into today’s gold price analysis! Currently, gold is performing quite positively, rising to $2,723 and marking a 0.58% increase for the day. Gold has benefited from a weaker US dollar ahead of President Donald Trump’s inauguration. Additionally, the precious metal is gaining traction amid global economic uncertainties, as central banks continue to increase gold purchases to safeguard assets against risks such as inflation and rising public debt. Looking ahead, gold is expected to maintain its upward momentum, especially after successfully breaching the resistance level around $2,720.
Analysis: AAPL is trading within a descending wedge pattern, suggesting consolidation. The price is currently testing a critical support zone near $228, with a breakdown possibly leading to further downside. MACD shows a bearish momentum, while the Stochastic RSI indicates the stock is nearing oversold territory, potentially setting up a bounce. Key Levels to Watch: * Resistance: $235, $242, $250 * Support: $227, $225, $220 Trade Scenarios: 1. Bullish Scenario: * Entry near $228–$227 support. * Target: $235, $240. * Stop-loss: Below $225. 2. Bearish Scenario: * Short entry below $227. * Target: $225, $220. * Stop-loss: Above $230. GEX Option Insights: https://www.tradingview.com/x/umrLpfRr/ * Highest Positive GEX Resistance: $235, aligning with a significant call wall. * PUT Wall Support: $227 and $225, indicating hedging activity at these levels. * IVR: 50.2, suggesting moderate volatility. * Directional Bias: Neutral to bearish unless the price reclaims $235. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly. Option Strategies Bullish Strategy (Rebound from Support): * Setup: * Trade: Buy a call spread. * Strike Prices: Buy the $230 Call and sell the $235 Call. * Rationale: If AAPL rebounds off the $227–$228 support zone, it may head toward the $235 resistance. * Expiration: 1–2 weeks out to limit theta decay while capitalizing on a short-term move. * Risk: Limited to the premium paid. * Reward: Defined by the difference in strike prices minus the cost. Bearish Strategy (Breakdown Below Support): * Setup: * Trade: Buy a put spread. * Strike Prices: Buy the $227 Put and sell the $220 Put. * Rationale: If AAPL breaks below the $227 support, it may test $225 and potentially $220. * Expiration: 1–2 weeks to capture momentum-driven downside. * Risk: Limited to the premium paid. * Reward: Defined by the difference in strike prices minus the cost. Neutral Strategy (Sideways Movement Near Support): * Setup: * Trade: Iron Condor. * Strikes: Sell the $235 Call and $225 Put, Buy the $240 Call and $220 Put. * Rationale: If AAPL consolidates between $227 and $235, the iron condor collects premium while maintaining limited risk. * Expiration: Short-term (e.g., 1 week) to maximize theta decay. * Risk: Defined and limited by the wings. * Reward: Premium collected. Important Notes * Monitor price action near $227–$228 support and $235 resistance for breakout/breakdown confirmation. * Adjust stop-loss levels dynamically based on intraday momentum. * Always size trades appropriately to manage risk.
* Finally broke the daily ascending trendline and I expect a descent bullish wave to my announced take profit targets! * I used the daily and weekly frame for that analysis to guarantee a high percentage of win and accuracy! Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
BTC. Swing trade. Trump trade. Volatile pair so keeping risk minimal. Lets see if we go to the moon or down through Mr Bidens restroom sewers.
Analysis: Alphabet Inc. (GOOGL) is trading near the critical resistance zone of $200, forming a potential rising channel. Recent volume spikes suggest heightened interest, while the MACD and Stochastic RSI indicate mixed signals. The MACD is neutral with minimal momentum, while the Stochastic RSI is entering overbought territory, signaling caution for bulls. The price is consolidating near $196-$197, a level with strong gamma resistance, which will likely dictate the next major move. Key Levels to Watch: * Resistance Levels: * $197.50-$200: Immediate resistance zone and gamma wall. * $205: Extended target if $200 breaks with momentum. * $210: Long-term channel resistance and high GEX level. * Support Levels: * $192.50: First support aligned with HVL and key gamma positioning. * $187.50-$185: Strong downside support zone. GEX Insights: https://www.tradingview.com/x/XEGMkAFJ/ * Gamma Exposure (GEX): * Significant positive GEX at $200 indicates strong resistance. * Downside GEX support levels are at $192.50 and $185. * Options Activity: * IVR: Moderate at 47.7, suggesting elevated implied volatility. * Call/Put Ratio: Bullish, with higher call interest near $200. Trade Scenarios: Bullish Scenario: * Entry: Break above $200 with increasing volume. * Target: $205 (first target), $210 (extended target). * Stop-Loss: Below $195. Bearish Scenario: * Entry: Rejection near $200 with bearish price action. * Target: $192.50 (first target), $187.50 (extended target). * Stop-Loss: Above $201. Directional Bias: The bias leans cautiously bullish due to the upward trend and consolidation near resistance. A breakout above $200 would confirm strength, while a rejection could lead to a retest of lower support levels. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
BTC touched a new all-time high of $109,568 on the same day Trump entered the White House to take office. Previously, I mentioned a potential rejection toward FWB:73K , but BTC was rejected at $89.3k and eventually rebounded to claim a new all-time high. Following this 23% rally, BTC still needs to break above the resistance trendline for further bullish movement. Unless BTC breaks through the resistance, the chances of rejection remain valid. Bullish Move: A breakout above the resistance trendline, creating a new all-time high. Bearish Move: A rejection from the resistance trendline. Trade safely.