It seems that after the first bullish leg(A) a diametric formed and now after x a second pattern of the complex correction will be formed until mid-February.
https://www.tradingview.com/x/YCdDtdw3/ Here is our detailed technical review for EURJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 164.158. Considering the today's price action, probabilities will be high to see a movement to 162.995. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
https://www.tradingview.com/x/AlEFU785/ Take a look at our analysis for NZDCAD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.812. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.805 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Should I invest in this stock ? This is a common question investors face many times But where do you begin? What should you look for, and what pitfalls should you avoid? This guide will walk you through the essential steps to analyze a stock, focusing on the business itself rather than the stock chart. Since earnings per share (EPS) growth drives returns, it’s crucial to understand how revenue growth and margin expansion contribute over time. Before buying any stock, ask yourself these six critical questions: 1.Company: What does the business do? 2.Economics: How does it generate revenue? 3.Opportunities: What are the potential upsides? 4.Risks: What challenges could it face? 5.Financials: What do the numbers reveal? 6.Valuation: Is the price justified? 1.What’s the Business? - Mission: A clear mission drives long-term success. For example, Google’s mission, “to organize the world’s information and make it universally accessible and useful,” is simple yet powerful. Does the company’s mission align with a growing trend or an unmet need? - Leadership: Effective leadership, especially from founder-led teams or CEOs with a strong track record, often outperforms. Assess the team’s vision, execution skills, and employee approval ratings. - Products: Are the company’s offerings essential, innovative, or part of a growing market? Consider their uniqueness, potential obsolescence, and innovation history. 2.How Do They Make Money? - Revenue Mix: Is the company’s revenue diversified or reliant on a single product or customer? A diverse mix offers stability, while over-reliance can be risky. - Unit Economics: Examine profitability metrics like gross margin and operating margin. Where does the bulk of profit come from? - Key Metrics: Identify metrics like annual recurring revenue (ARR) for subscriptions or gross merchandise value (GMV) for e-commerce that best reflect the company’s performance trends. 3.What Could Go Right? - Market Growth: Does the company operate in a growing industry, such as AI or renewable energy? -Innovation: Look for ongoing R&D and a track record of successful product launches. -Moat Expansion: Assess the company’s competitive advantage, whether it’s a strong brand, proprietary technology, or cost leadership. 4. What Could Go Wrong? -Market Disruption: Is the company prepared for sudden changes, like new technologies or regulations? -Competition: Strong rivals can erode market share. Analyze customer reviews and competitor benchmarks. - Moat Erosion: A shrinking competitive edge—such as declining pricing power or poor retention—can signal trouble. 5.What Do the Numbers Say? - Profitability: Check revenue growth, gross margins, and net income for consistent improvements. - Solvency: Assess the balance sheet for debt-to-equity ratios, cash reserves, and financial stability. - Liquidity: Positive and consistent cash flow indicates sustainability and growth potential. 6.Is the Price Right? - Valuation Metrics: Use Price to Earnings (P/E), Price to Sales (P/S), or other relevant metrics depending on the company’s growth stage. Compare these to peers and market standards. -Investment Horizon: Longer investment timelines can justify higher valuations if growth potential exists. -Focus on Fundamentals: Valuation matters only if the business is strong. Avoid being tempted by low prices without underlying value. By breaking a company into these six dimensions, you can turn complex decisions into actionable insights. Start with the business fundamentals, evaluate opportunities and risks, and finish by assessing valuation. What stock will you analyze next? Let’s put this framework into action now
? USDCHF Price Forecast ? OANDA:USDCHF USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present. Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets. ? Technical Target Levels: 0.9020, 0.8980, and 0.8920. ? Key Highlights: -Ascending channel breakdown confirmed. -Retracement towards order block in progress. -Watch for 200 EMA breakdown for further bearish continuation. ✅ Stay connected! Like, comment, and follow for timely forecasts and profitable updates. Don’t miss out on the next big moves—trade smart and profit big! ? ? Turn insights into profits—join now for expert analysis!
As we discussed in our previous commantary market is in Rising channel However, market was rejected from 2650 yesterday now its second time to retesting it. What possible scenario do we have today? At this moment 2650 R is an important area, if market make it flipped then our eyes will at 2665 first then 2680. On the other hand ,2630-2633 area is most crucial because at that point trend can be changed. On Ny session, there are two fundamental news, which im expecting market first retest the Black area of 2630-33 then rise above. Furthermore, if then price action got volume and break the support area then Rising channel will be invalid and we'll on bearish trades. Wait and Watch time.
The chart indicates a potential bearish reversal setup following the rejection from a key resistance zone. The presence of bearish signals, such as the double-top formation and a break of structure (BOS), aligns with the bearish outlook on the higher timeframes (4H and 1D). The trade setup highlights multiple profit levels, emphasizing a controlled risk-to-reward strategy. Key Observations 1. Resistance Zone: Price has been rejected at 165.304, forming a potential double-top pattern. 2. Break of Structure (BOS): A bearish signal confirming downside pressure. 3. Entry Zone: The short trade is initiated near 164.229, just below the resistance. 4. Stop-Loss: Positioned at 165.304, above the rejection zone, ensuring limited risk. 5. Take-Profit Levels: First target: 163.955. Second target: 163.154. Final target: 162.080, aligning with a significant support area. Strategic Implications Bearish Confirmation: Watch for sustained bearish momentum below the BOS level to validate the setup. Risk Management: Maintain a tight stop-loss at 165.304 to avoid excessive losses. Profit Targets: Consider partial profit-taking at intermediate levels for secure gains. This setup aligns well with the bearish structure on the higher timeframes. However, traders should remain cautious of potential reversals if the price fails to maintain momentum below the entry zone.
Short then long to keep uptrend and continuation. Support areas are outlined on chart
After a wedge pattern played out, we had a strong bearish push to the down side. Now we are setting up for our first pullback from this initial move. This is known as the anti pattern. Check my YouTube or my website for a better explanation of this pattern.
hey there.. DevvE is a next-gen cryptocurrency that is 1/3bn energy use of Bitcoin, 1/10M cost of Ethereum, 8M tps with patents around fraud, theft, loss, privacy and regulatory compliance. From a technical point of view, it seems that someone is buying it, but some big investors has started from a 0.8$ price, and now the price is breaking the 1.2$ barrier accumulating volumes so far. The all time highs are not so far, around 2$, and the price is going towards that price level which we think our first possible potential target. what do you think? goo trading!