Buy Opportunity in CADCHF Current Price Action: Observe the current price movement in CADCHF. Ensure the market is in a consolidation or retracement phase after a strong upward move, indicating potential for further upward movement. Liquidity Pool: Identify a liquidity pool above the current price. This could be a significant swing high, a market structure level, or a large order block where there is likely to be a build-up of stop-loss orders and pending buy orders from institutional participants. Entry Point: Buy when price breaks above a key resistance level that is aligned with the liquidity pool (previous swing highs, order blocks, or major resistance zones). Look for a small retracement or consolidation just below the liquidity zone to confirm strength before executing the buy. Confirmation with Order Flow: Watch for bullish order flow or an uptick in buying volume as price approaches the liquidity zone. If there is increased buying pressure, this could signal the accumulation phase has completed, and the price will likely move higher. A break and close above the liquidity zone, combined with higher volume, can act as a strong confirmation for entering a buy. Stop Loss: Place a stop loss just below the recent swing low or consolidation area, ensuring a favorable risk-to-reward ratio. Take Profit: Set your target at the next significant resistance zone, liquidity pool, or Fibonacci extension levels above, depending on your desired risk-reward ratio.
DGKC in PSX in hourly time frame has closed above EMA50 on Friday with current price of 99.75. If viewed closely, the channel formed from 20th December bottom is intact. previous high price is around 110. In Monday's session, it is expected to stay above EMA50 which is 100 now, buying here with a target of 110 or channel top is around 113 can give 10% plus profit in a shorter period. MACD, RSI and my own combined indicators are adding support to this view.
I’m currently waiting for buying options on usdjpy FX:USDJPY
S&P500 shows signs of fragility as equity breadth is not healthy and many hedge funds are starting to pile up shorts. Policy uncertainty ( Trump tariffs ) and unstable geopolitical developments will push stocks lower until the beginning of March. Although this will be a 15%-20% drawdown, I believe that the S&P500 will reach new highs in Q2, as the monetary policy will become more accommodative ( more rate cuts from the Fed priced in later this year), and more stocks from other sectors ex-tech will take the lead in a more reflationary, pro-growth macro environment.
Next week might be the start of a new era, i expect more volatily and more Pumps in the market, as of the XRP we had a great retracement as expected and have had a clear break of structure. Price will swiftly delivery itself to $3... Tighten up a major Bull run is next...
The support zone had been drawn on Daily FM. It was in the channel for as long as 180 days. The channel was broken in October 28 providing with the 52% return. The weekly support at 79 is already confirmed by 61% Fibbonacci from its current uptrend. A close and candle pattern above this level will boost the price further to 136. Traders Please avoid the above. As these analysis for one year.
Fundamental factors suggest a strong dollar, yet the market continues to rise. This upward movement seems driven by abundant liquidity and stop orders above. However, buying at this level isn't the right position. After extensive market analysis and strategy testing, here's the conclusion: Bullish confirmation: A breakout above 2707 and stabilization could push the price further to 2770. Bearish confirmation: A breakdown below 2673 and stabilization indicates a reversal, opening up short opportunities. This analysis is not intended as direct trading advice but as a challenge to understand market behavior
FX:XAUUSD is rising with the dollar and strong NFP data. Those who shouted that the metal is ceasing to play the safe haven function are very much mistaken :) https://www.tradingview.com/x/CQ5h4oR2/ The surprise of rising NFP data and rising gold, which is not specific in this context, surprised the market quite a lot. After all, rising data points to a more hawkish stance of the Fed and generally medium-term policy in the US. But based on the environment, we can say that gold is rising because of the risks of the policy of Trump, whose inauguration will be held on January 20. Now all eyes are on the US Inflation data. The upcoming week, will be quite interesting. Technically: GOLD is breaking the consolidation resistance (symmetrical triangle) and is trying to consolidate above this boundary. Most likely, the struggle will continue and the price may test the previously broken figure boundary or liquidity zone 2675 - 2664, which will determine the further development of events. Resistance levels: 2698, 2721, 2750 Support levels: 2675, 2665 The situation is quite unstable, as there are too many factors putting pressure on the prices. Accordingly: if after the retest the bulls are able to keep the price above 2680-2690, the growth may continue in the mid-term ( till January 20 approximately ). But! If the bullish structure will be broken and bears will start to keep the price below 2680, it can provoke correction to 2665, 2650. Regards R. Linda!
As mentioned in previous post of 4th January.....Target of 77.8 ..very closer to 78 dollars has achieved. ... As Crude-oil has not taken proper retracement yet...we can expect a sharp fall on Monday if its open at flat note....RSI and 200 EMA in Daily time frame supporting Bullish side of Crude Oil...so if its a Gap Up Opening we may see the target hitting of 80 Dollars.
On the monthly timeframe, EUR JPY is bullish as the previous low at 154.414 did not break the last low. Therefore we expect a bullish continuation to the previous high indicated around 175.348. However, this sell analysis focuses on a catching a short sell setup within this bullish monthly structure on the 1D timeframe, before prices goes back to the last high. If this sell setup holds, areas of interest include Entry: 165.596 Target: 156.160 Stop Loss: 167.664