Looking a spy on the 1 day chart. You will see a BOS leading to new lows. This should be nothing but a market correction. If you go back a few weeks on the same chart you will see some instability in price. When spy was moving to new highs. Spy appears to be going back and filling in the area and stabilizing price before moving to back to highs. This also appears to me be in correlating with a new president coming into office.
The Gold (XAU/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Pivot: 2,676.20 1st Support: 2,644.09 1st Resistance: 2,700.39 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
As expected, not a good finish, not a great start. Now, a potential trend change pattern might be forming. This pattern has a series of two of each Lower Highs (LH) and Lower Lows (LL). With that criteria fulfilled (LL 926 and 925.75), the Critical Support Line can be drawn at 925.75. A breach and breakdown to close below 925.75 is likely to send the US equities market reeling over and down the cliff. This is the trend change pattern that is very reliable. Noted that the RoVD indicator has crossed below the zero line, bearish. Watch the Critical Support Line, and the TDST lines now...
GALA is moving in Harmonic Pattern on 1hr time frame, and also forming bullish divergence. so for the bullish trend confirmation we will wait for the break of the resistance level to take a long trade with proper risk management.
The trend of gold is currently in a typical symmetrical triangle consolidation pattern, and the price is gradually converging, suggesting that a breakthrough may be coming soon. It can be seen from the recent trend that the price of gold has tested the upper downward trend line and the lower upward trend line many times, which shows that the market is currently in a stage of long-short balance, and the direction choice is about to appear. From a technical point of view, the Fibonacci retracement line provides key resistance and support areas: Key resistance: The Fibonacci 0.618 retracement level (2693.69) overlaps with the downward trend line, forming a strong resistance area. Key support: The Fibonacci 0.236 retracement level (2597.38) below and the upward trend line provide strong support. Recently, the price fluctuated within the red parallel channel, indicating that the short-term market momentum is volatile. If the bulls want to take the initiative, they need to break through the horizontal resistance level near 2664.92 above and further break through the 2719 line. If the bears want to push the price down, they need to break through the support around 2615, and the target may be around 2537. Combined with the current situation, the market may continue to fluctuate and consolidate within the channel in the short term. The breakthrough direction needs to be observed in combination with the changes in trading volume. Once a breakthrough is made, it will trigger a strong unilateral market. Investors can patiently wait for the breakthrough signal, operate cautiously, and control risks.
Will Bitcoin break the neckline to go lower, OR reverse towards the swing-high? There have been multiple rejections at the shoulder level as the price attempted to go higher on two past occasions. N.B! - BTCUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #ethusd #crypto #btcusd
Daily Timeframe (1D): Pattern Observed: Bullish Flag, consolidating after a strong bullish rally. Market Maker Viewpoint: This is a bullish continuation pattern, a corrective retracement allowing institutions to rebalance positions before the next leg higher. Key Observations: Price consolidating above Fibonacci 78.6% retracement at $2,653.22. Declining volume signals exhaustion of selling pressure—a setup for a breakout. RSI at 59.34, neutral but with room to push higher. Resistance aligns at $2,668, which must be breached for a confirmation. Conclusion: Bullish retracement, preparing for continuation upward. 4-Hour Timeframe (4H): Pattern Observed: Symmetrical Triangle. Market Maker Viewpoint: Symmetrical Triangles often act as neutral-to-bullish continuation patterns, trapping late sellers in consolidative price action. Key Observations: Price hovering near the EMA zone (EMA 5, 9, 21). MACD histogram shows mild bullish divergence, a signal of institutional absorption at lower levels. VWAP Upper Band resistance at $2,662, where liquidity is clustering, must break to confirm continuation. Volume is tapering—a sign of market compression before a directional breakout. Conclusion: Bullish consolidation, targeting continuation to $2,668-$2,680 post-breakout. 1-Hour Timeframe (1H): Pattern Observed: Bullish Flag. Market Maker Viewpoint: Bullish Flags on the 1H are typically seen as institutional continuation patterns, designed to shake out weak longs. Key Observations: Dynamic Threshold ADX at 11.18—low volatility environment primed for breakout. Stochastic Oscillator is turning bullish from oversold, signaling momentum buildup. Liquidity seen pooling near $2,658-$2,657.88, acting as strong support for accumulation. Conclusion: Bullish retracement, priming for upward continuation. Key breakout level: $2,662. 30-Minute Timeframe (30M): Pattern Observed: Ascending Triangle. Market Maker Viewpoint: Ascending Triangles are bullish continuation patterns, signaling accumulation near resistance levels before breaking higher. Key Observations: Higher lows indicate systematic institutional buying pressure. Bollinger Bands are contracting—market is bottling up energy for an explosive move. Resistance level at $2,662.42 aligns with VWAP Upper Band—key for liquidity extraction. Positive momentum observed in MACD with histogram turning green. Conclusion: Bullish continuation, breakout expected to target $2,668-$2,680. Institutional Multi-Timeframe Synthesis Bias: Strongly Bullish across all timeframes. Current Market Phase: Correction and consolidation phase across all timeframes, creating a foundation for continuation higher. Key Resistance: $2,662.42. Target Levels: $2,680, with extended targets at $2,695. Stop Loss Consideration: Below $2,647, invalidating bullish patterns. I nstitutional-Grade Hypothetical Trade Suggestion Trade Setup: Institutional Bullish Breakout Order Type: Buy Stop Entry Price: $2,663.00 Take Profit (TP): $2,680.00 Stop Loss (SL): $2,647.00 Confidence Level: 80% Market Maker Justification: Liquidity clusters near $2,658-$2,659, indicative of institutional accumulation. Patterns across timeframes favor continuation higher, supported by shrinking volatility and bullish divergence. Volume and VWAP confluence suggest a breakout as institutions move to exploit trapped sellers. Market Maker Signature This analysis is designed with the precision of market maker-level insights. Every retracement signals institutional rebalancing to drive continuation. Execution confidence is supported by the alignment of technicals across timeframes.
HARSHA is currently trading at ₹489.2, which is above the demand zone of ₹487 to ₹480, formed on 27th November 2024. This suggests potential support in this range, and investors might watch for price action near this zone. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
Hello, this is Greedy All-Day. First, I’d like to apologize for not posting a briefing yesterday, January 8, due to personal reasons. Let’s dive into today’s analysis of the NASDAQ. Tuesday’s Briefing Results https://www.tradingview.com/x/I4NG2rSs/ Buy Entry: No buy entries were triggered, so there’s no commentary for this perspective. Sell Entry: The trigger was a breakdown below the ascending trendline and the lower boundary of the supply zone at 21640. Outcome: After the breakdown, the NASDAQ dropped by 350 points. Profit: Approximately $7,000 per contract. Daily Chart Analysis https://www.tradingview.com/x/HLzspfxm/ The NASDAQ is currently consolidating between the 20 EMA and the 60 EMA, which suggests indecision: The price has not closed below the 60 EMA, indicating that support is still holding and cautioning against premature selling. The price has not entered the Ichimoku Cloud, which means a full bearish transition has not occurred yet. This range-bound movement suggests that the market is awaiting a major catalyst, such as an economic indicator or political news, to determine the next directional move. A more strategic approach is required in this scenario. Key Supply Zone Dynamics https://www.tradingview.com/x/JigGxMyL/ The current range is highlighted in the orange box, where price movements have shown inconsistent behavior: Resistance and support levels within this range do not align consistently. The best approach in this zone is to wait for a clear breakout in either direction before entering a trade. This area is prone to stop-hunting, increasing the risk of being prematurely stopped out in both directions. Today’s Trading Strategy https://www.tradingview.com/x/oc4cel3A/ Buy Scenario: Entry Trigger: A breakout above the green box at 21812. Reasoning: The red box marks the upper boundary of the resistance zone, but breaking above it alone does not provide a strong buy signal. A move above 21812 would signify a breakout above key resistance levels, including the descending trendline and prior candle resistance, providing sufficient justification for a buy entry. Sell Scenario: Entry Trigger: A breakdown below the orange box support. Reasoning: Breaking the short-term ascending trendline would open the door for a test of Wednesday’s low. If the low is breached, the price could decline further to the 21006 level. The 21006 support zone corresponds to the January 2, 2025 low of 20983, a critical level. A breakdown here would signify entry into the daily Ichimoku Cloud, opening substantial downside targets. Conclusion Today is a market holiday in the U.S. (National Foundation Day), so trading activity will be paused. In such conditions, I recommend avoiding impulsive or speculative trades and instead observing the market’s behavior to prepare for the next session. Stay disciplined and trade wisely. ? This briefing will remain valid until Friday due to the market holiday. The next NASDAQ briefing will be shared over the weekend in preparation for Monday’s trading.
Strong Triple bullish divergence, pinch down rejected, bar closing above previous bar close Impuls on weekly blue E. 68,68 TP 71,26 SL 67,04 Trade #00008 6 trades close, 4 out of 6 worked: hitrate: 66,7%