GOLD seems to be in good bull run as it is trading BULLISH channel .
The first thing we need to consider is, what has the market discounted? Or rather, what has led fund managers to sell shares of the SP500? From my point of view, what fund managers think is: 1) That the US economy is strong. 2) That the labor market is stabilized. 3) And that wage growth is in line with a CPI of 3%. Therefore, they estimate that the Fed does not need to cut interest rates. BUT, we already knew this in November, and the SP500 continued to rise steadily. --> WHAT IS NEW THAT HAS CAUSED THE SP500 TO FALL? The strong APPRECIATION of the DOLLAR. This has put downward pressure on the stock markets. But what happens? The DOLLAR is reaching a ceiling area, and we could see it retreating somewhat or entering a sideways range in the coming weeks, favoring again the RISES OF THE STOCK MARKETS. --> At what point is the SP500 technically? The technical aspect of the SP500 is that it has a clear bullish trend in the medium to long term, but is currently in a correction phase. Today, on the H1 chart, we have seen the FIRST BULLISH WARNING (Bull), and therefore, we could see a bullish move at the end of today’s session and during tomorrow, which could extend if it surpasses the 5,844 area. -------------------------------------------------------- Strategy to follow: ENTRY: We will open 2 long positions if the H1 candle closes above 5,844. POSITION 1 (TP1): We close the first position in the 5,980 area (+2.35%) --> Stop Loss at 5,770 (-1.2%). POSITION 2 (TP2): We open a Trailing Stop position. --> Initial dynamic Stop Loss at (-1.2%) (coinciding with 5,770 of position 1). --> We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (5,980). SETUP CLARIFICATIONS *** How to know which 2 long positions to open? Let’s take an example: If we want to invest 2,000 euros in the stock, we divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each. *** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a predetermined distance. That predetermined distance is the dynamic Stop Loss. --> Example: IF the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will close. If the price rises, the Stop Loss also rises to maintain that -1% on the increases, thus reducing the risk until the position enters profit. In this way, very solid and stable price trends can be exploited, maximizing profits.
Nifty future and banknifty future analysis and intraday plan. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
We have reached the level of the first genuine August week again. The stock may have a rest here. This the more as the cloud is still up.
Chart timeframe: 1H PUDGY/USDT analysis. Current price: $0.02836. Key levels: Resistance: $0.035 (significant resistance). Support: $0.028 (immediate), $0.026 (next support if breakdown occurs). Price action: Clear bearish trend with lower highs and lower lows. Descending trendline at $0.032 needs to break for bullish reversal potential. Volume profile: Suggests a distribution phase with sellers in control. Trend outlook: Path of least resistance remains downward unless a higher low forms and trendline breaks. Setup rating: 3/10 – not ideal for entries until reversal signals appear. What’s your play – shorting the trend or waiting for a breakout? ?✨
Keep an eye out for this week's move in dollars.By breaking this line, it will go down.
FX:CADJPY has been experiencing a bullish trend and I am expecting this to continue. This is evidenced by simple price action on 4 hr and printing of higher highs and higher lows!
Pair is in bullish trend and making higher highs and higher lows , making a bullish flag in day time frame with the support respected at 156.85 Inverted hammer candle in 4 hr time frame indicates bullish continuation. Pair is making inverted head and shoulder in 1 hr time frame. Ma 21 respected in 30 min indicates bullish momentum,. MA200 respected in 2 hr time frame Day time frame shows bearish divergence which is on the bearish side point and the MA 21 respected in 2 hr My bias is bullish based on most of the confluences Trade plan bias long @ 157.33 SL:156.865 TP1:158.07 TP2:158.66
Considering the bullish trend and the strength of the US dollar, buying this currency is a good idea. I don't think we need to think about selling this currency pair right now Become a professional by controlling your trading risk. Use your experience and logic to succeed. You are the best.
Chart timeframe: 1H ETH/USDT analysis. Current price: $2,996, down 0.79%. Key levels: Resistance: $3,130 (previous equilibrium). Support: $2,900 (next major level). Price action: Significant bearish breakdown from the $3,300 level. Multiple support levels broken, indicating strong selling pressure. RSI analysis: Likely oversold on lower timeframes, suggesting potential for a short-term bounce. Trend outlook: Overall bearish, with no clear reversal signals yet. Setup rating: 3/10 – wait for stabilization and volume confirmation before considering entries. What’s your plan for ETH – watching or trading this zone? ??