Ganesh Housing Corporation Ltd. Inverse Head n Shoulders Pattern in Daily Timeframe Increasing Relative Strength. High Delivery Quantity. Close within 52 Week High Zone. Making Higher Highs Past 2 Days. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
From July to December Qqq traded inside a rising wedge.. That rising wedge was broken and retested The target here would be 480-486. But a trip down to daily 200sma or weekly 50sma is most likely https://www.tradingview.com/x/CyFqRwfZ So what has been the hold up.. I looked at this from a few angles and I think Qqq is creating a Bearish Descending triangle that will be broken late this month. https://www.tradingview.com/x/lViw81fu Bulls will probably see a bullflag https://www.tradingview.com/x/OtjuhzLn But I think it can be both but the bullflag will have to head lower And the first target would be 492 by End of month https://www.tradingview.com/x/uNpcsp4b As far as the tech sectors go.. XLK , the biggest sector When u focus on the last 30days price looks like it's trading sideways https://www.tradingview.com/x/UdIzQnax But zoom out and you'll see it's the same as Qqq with respects to the wedge https://www.tradingview.com/x/ZgyzSHVc Price has been holding above weekly 21ema at 230... Below that and next leg down starts . Until then 230-241 is distribution Soxx and SMH are both Chip sectors.. Nvda and TSLA follow SMH more While AMD and Qcom follow Soxx Soxx Daily 50sma crossed below 200 a few weeks back.. last time this happened was 2022.. I think this weakness in chips will last for months.. Price closed back below 200sma this week and I don't think it gets back over it until this correction is done. The only safe long is over 240 , everything else is knife https://www.tradingview.com/x/eZBiu5bY SMH It's going to be more bag holders here . Price got rejected hard here at 264 resistance... In the next few days chips will be the weakest.. expect SMH to pull back to weekly 50sma or price action at 237.. https://www.tradingview.com/x/mjTuYdFk If 237 is losses then we head back to Sept levels. https://www.tradingview.com/x/TIw3C6l1 XLC This is the sector of Meta, Googl and Nflx Honestly this is the most dangerous sector to be long in! Look at the monthly Candle, RSI ,Money flow and stochastic.. when ever I see this I think Dotcom bust. Fell out of wedge similar to XLK and Qqq.. Also trading sideways similar to XLK My target is 88.. I doubt this sector makes its out of Q1 alive https://www.tradingview.com/x/inCrmFqz This is the sector of Amzn and TSLA Rising wedge again followed by a bear channel.. price is hovering above the 50sma.. once that breaks my target is 212-214 previous ATH.. https://www.tradingview.com/x/XMFkT6VL Daily money flow is almost oversold though so id wait for a break below 50sma to short and be ready to eject at 214 for a dead cat bounce.. Focusing on the smaller time frames , I think Qqq bounces back to 520-523 before the next leg down.. hourly has went oversold on NQ.... I don't think Qqq breaks back over 523 and that's where id reload shorts.... One of my main indicators is XLK.. It's the biggest sector.. If it breaks over 241 then this correction is over and I was wrong but if it breaks below that weekly 21ema then the next major leg down has started. Vix is showing bullish ascending wedge.. usually vix shows opposite pattern of indexes.. if you see a double top on spy normally there's a double bottom on Vix . https://www.tradingview.com/x/rqA6wPI6
XRP is making international headlines once again - this time, news of a collaboration with Bank of America is going around. XRP gained against the trend on Wednesday, as other cryptocurrencies faced losses. The surge followed a photo shared by Ripple CEO Brad Garlinghouse, showing him dining with Chief Legal Officer Stuart Alderoty and President-elect Donald Trump. But have we seen this before? In the past, Ripple has been known to make dodgy deals with news outlets and participate in unsolicited and unethical advertising - who remembers all the celebs they paid to speak out about XRP, and then the string of YouTube influencers? The SEC case cracked down on this "market manipulation" particularly hard, but it merely cost Ripple a few million dollars in fines. Recently, David Stryzewski, CEO of Sound Planning Group, appeared on FOX Business to assert that Bank of America (BoA) is now utilizing XRP for 100% of its internal transactions. If verified , this would mark a groundbreaking step toward mainstream adoption of blockchain technology within major financial institutions. (This is a little worrisome - a validation from Bank of America would really be the only believable confirmation). As per a recent article by The Crypto Times, a move of this magnitude could position XRP as a pivotal component in global banking systems. Notably, Bank of America’s relationship with Ripple is not new. The bank has been a member of RippleNet, Ripple’s blockchain-based global payments network, which facilitates secure and fast international money transfers. Bank of America's interest in blockchain technology dates back to at least 2017, when it filed a patent for a real-time settlement system referencing a "ripple" distributed ledger. Although the patent did not explicitly mention XRP , it signaled the bank’s intent to explore the integration of Ripple’s technology into its operations. According to Stryzewski, BoA has since filed 83 patents related to Ripple’s blockchain technology, underscoring its commitment to incorporating this transformative technology into its infrastructure. Another recent publication by Binance expressed confidence in XRP’s long-term significance, praising the technology and Ripple's partnerships through RippleNet. Ripple’s official website lists Bank of America as a member of RippleNet, reinforcing the likelihood of ongoing collaboration. If Stryzewski's claim proves accurate, it would represent a historic milestone for cryptocurrency adoption in traditional banking, potentially leading to a massive short-term pump. It is good to remember though, as with any news relating to Ripple and XRP, there are always many "if's" and "buts". __________________________ CRYPTO:XRPUSD COINBASE:XRPUSD BINANCE:XRPUSDT
The chart for USD/JPY shows the following: 1. Timeframe: 1-hour chart. 2. Key Levels: Target Zone: Around 159.100, indicating a potential bullish target. Current Price: Approximately 157.933 (Sell) and 157.946 (Buy). Stop Loss: Positioned near 157.226 to manage downside risk. 3. Technical Analysis: Pattern: A potential rounding top or consolidation phase before a breakout. Scenarios: Two possible bullish outcomes are shown with arrows: A breakout above the resistance zone, aiming for the target zone (159.100). A retracement followed by a bullish move. Key Support Levels: 157.692 and below, which could act as critical zones to watch. 4. Moving Average: A moving average (possibly the 200 EMA) provides additional support near the stop-loss level. 5. Trading Idea: Buy opportunities are highlighted with strict risk management via the stop-loss placement. The chart suggests bullish momentum but emphasizes careful monitoring of price action near key levels.
Rune is sitting in potential bouncing support BYBIT:RUNEUSDT Entry 3.70 Target 5.00 Stop 2.49
The Mexican peso is once again under pressure against the US dollar, following the release of Mexican inflation data that came in below market expectations. This depreciation, reflected in a 0.25% increase in the USD/MXN pair on Thursday, adds to a global and local context marked by uncertainty. The renewed strength of the dollar, driven by the resilience of the US economy –evidenced by data such as job openings and the non-manufacturing PMI– supports the narrative of a Federal Reserve (Fed) that is less inclined toward aggressive interest rate cuts. Adding to this is the ongoing uncertainty surrounding the policies of the incoming Trump administration, especially regarding inflationary matters, which collectively exert upward pressure on the USD. In contrast, the Mexican economy has recently shown unfavorable signs. Consumer confidence, released earlier this week, came in below expectations, reflecting growing caution among Mexican households. December inflation data, although close to the upper limit of the Bank of Mexico's (Banxico) target range of 2% to 4%, with an annual rate of 4.21%, represents a downside surprise. This data, in a context where Banxico now operates with fewer votes for its monetary policy decisions and under a governor previously inclined toward further normalization, opens the door to a more significant interest rate cut, possibly of 50 basis points, at the February meeting. Inflation in Mexico opens the door to a more aggressive rate cut, which could intensify pressure on the peso. This move, by eroding the rate differential between Mexico and the United States, at a time when less easing is expected from the Fed, could further increase upward pressure on the USD/MXN pair. Looking ahead, the upcoming inauguration of the Trump administration emerges as a crucial factor for the Mexican currency. Potential restrictive trade policies toward Mexico could generate volatility and exert greater pressure on the peso. Additionally, the release of the US non-farm payroll (NFP) data, with a forecast of 150,000 jobs added, adds another element of focus. A report indicating a tighter labor market than expected could further intensify negative pressure on the Mexican peso. The combination of a less accommodative Fed, uncertainty around Trump’s policies, and the possibility of a more aggressive rate cut by Banxico sets up a challenging scenario for the Mexican peso in the short term. We will closely monitor these factors and their impact on the Mexican currency.
just stumbled upon a gem under rated and under covered found it when looking for a math ai and non really appealed until THALES emerged as top influencer among a niche group of devs and coders issue was rugged to -99% taken over by a big fish with math wiz and fanboys of the MENSA then rugged again for another take over like BTC forked to LTC forked to DOGE and so on.. new team is solid well equipped and Serrious enough to take this to AiXBT Eliza 16z levels or perhaps to the academe section of QNT LINK etc. not yet listed in majors intentionally unsearchable to most gatekept for the few before it blows up to 100M++ cap spot at $12M Cap expect Bidding war by the Gang of 8 done thru Raydium
If the next candles close green and higher than $191, it confirms that this level is holding as support and could signal a potential reversal. Long wick + small body = hammer, pin bar or doji? Lets see how it closes, but this looks very promising step towards reversal! Will keep you updated.
I am expecting this scenario on H4 Timeframe Its a proper rising channel and we seen that after a higher its a time to create a lower ❗️ We are waiting and observing the next gold touched would be probably 2650.00 ? Currently gold at 2675.00 Target would be 2660.00 then 2650.00 Stoploss would be depend on your equity and lot size we will take Stoploss as 70 pips #XAUUSD
Hey everyone! I want to tell you about this one time when trading made me feel like I was on a wild rollercoaster. I made some money with a trade, and I got so excited that I thought I could do it again, but even bigger. But guess what? I lost a lot of that money back because I was too greedy. I know you guys have felt this too: - Fear: When your trade starts going down, and you get scared, selling it too early. Then, you see it going up the next day, and you're like, "Oh no, why did I do that?" - Greed: When you win big, you want more, right? But sometimes, that makes you keep a trade too long or do another one without thinking, and then you lose. -Worry: Those nights where you can't stop thinking about your trades. You're either scared to lose more or afraid you'll miss out if you don't trade. It's so hard to decide what to do. It's super frustrating when you mess up because you're letting your feelings control your trades. But I found a cool trick that helped me a lot: My Trick: The Chill-Out Break When I start feeling all those big emotions - like greed or worry - I set a timer for 15 minutes. I go outside, take a walk, or play with my dog. Anything to get my mind off trading for a bit. When I come back, I'm calmer, and I can think better about what to do next. It's like taking a timeout in a game, but for your brain. This little break has stopped me from making bad choices just because I was feeling too much. It's not just about making more money; it's about being happy while trading. Have you ever felt like this when you're trading? What do you do to calm down? Let's talk about it! Ever felt this way? Send me a DM, I'm more than happy to help or even join my webinar this Sunday. Kris/Mindbloome Exchange Trade What You See