CME_MINI:NQH2025 - PR High: 21796.25 - PR Low: 21768.75 - NZ Spread: 61.5 Key scheduled economic events: 10:00 | ISM Non-Manufacturing PMI - ISM Non-Manufacturing Prices - JOLTs Job Openings Previous session run to 21900 inventory - Rotating inside daily Keltner average cloud below previous session close Session Open Stats (As of 12:45 AM 1/7) - Weekend Gap: N/A - Gap 10/30/23 +0.47% - Session Open ATR: 376.77 - Volume: 27K - Open Int: 243K - Trend Grade: Bull - From BA ATH: -4.2% (Rounded) Key Levels (Rounded - Think of these as ranges) - Long: 22667 - Mid: 21525 - Short: 19814 Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions. BA: Back Adjusted BuZ/BeZ: Bull Zone / Bear Zone NZ: Neutral Zone
This is an easy way to determine where to place a buy or sell order. Place the buy or sell order in the boxed area created by the signal, as in the example. For SL TP, it can be in a 1:1 ratio or placed at the previous strong Support and Resistance. Always pay attention to the LOT placed. Adjust to the capital and do not place too many positions during the transaction. Be disciplined and stay relaxed when trading. God Bless. FOREXCOM:XAUUSD
Gold establishes its stance to rally prices, navigating through the $2640–$2680 range. This movement reflects a solid bullish momentum as the market eyes higher levels. yall should watch for further confirmation within this zone as gold continues its upward trajectory, follow for more insight , comment your opinion , and boost idea
Crypto Total on the mend. Price appears to have found support above the 50% and we see further price continuation. Volume has slowly crept back into the market with most institutional player coming back after holiday. Notice how volume has created a higher low on the 4H. Keep an eye out if this trend holds. Markets are extremely volatile so expect large moves off consolidation areas. Expecting a potential bounce off the lower time frame 50%. Price must hold the short-term trend line otherwise we could see a liquidity sweep. If the higher time frame 50% is turned into resistance, we could see a price drop to the lower levels. Take note of recent divergence found on the MACD and RSI. Price continues to move higher with high lows, while we see lower lows forming on the indicators. This typically indicates that the buyers are absorbing all the selling pressure in the market. Once sellers are unable to maintain pressure the buyers will prevail. Expect price continuation until otherwise proven.
WINUSDT (WINkLink) Daily timeframe range. sellers failed to break 0.00010287 twice if PA hold above it we should see it at 0.00014222. thats simple. some bag holders at 0.00014222 so we need more volume to clear it out. if it goes there.
stock forming an ascending triangle & there is immediate support at 6200 as mentioned on the chart
Clear ascending broadening wedge pattern, lets see how it plays out. NFA
This chart displays a technical analysis for Bitcoin (BTC/USD) on the 4-hour timeframe using the Bitstamp exchange data. Here’s a detailed breakdown of the analysis: 1. Demand Zone: A highlighted area above 101,700, indicating a potential support level where buying interest might be strong. 2. Price Action: Bitcoin is currently trading around 101,709, with slight fluctuations in the market as shown by the candlestick patterns. A consolidation and upward movement can be observed, signaling a possible bullish trend. 3. Targets and Stop Loss: First Target: Set at 104,962, indicating a near-term resistance level or price goal for a long position. Second Target: Set at 108,561, suggesting a longer-term bullish target. Stop Loss: Marked at 98,083, below the current price, which helps limit potential losses if the price reverses. 4. Trade Setup: A long position seems to be recommended, with a favorable risk-to-reward ratio. The green zone represents the potential profit range, while the red zone highlights the risk or stop-loss area. 5. Volume Profile: The vertical histogram on the right side shows trading volume at different price levels. Higher activity is concentrated near the current price, indicating strong participation.
using 1 hour time frame price reclosed above emas, with stochastic cross, bullish momentum, suggested SL: 1.03450 TP:1.04262
GBP/USD 4H Timeframe Analysis Trend Analysis: On the 4-hour chart, GBP/USD is currently in a downtrend, forming a head and shoulders pattern. The price recently broke through a minor key support, which has now become a minor key resistance at 1.26000. After this break, the price continued downward and then retested this resistance, creating a potential liquidity or manipulation zone. At present, the price is caught between two minor key levels. Our strategy is to wait for the price to form further liquidity within this zone. This will help us confirm that the price is unlikely to break above our minor key resistance at 1.26000, followed by the trendline in place. Price Action Expectation: Once liquidity is formed in the zone, we will monitor for a break below the minor key support at 1.25000. If this happens, we will look for a short entry. Fundamental Correlation: The upcoming ISM Services PMI release, scheduled for later today, could significantly impact USD strength. A stronger-than-expected report could bolster the USD, aligning with our bearish view on GBP/USD and potentially driving the price below the 1.25000 support level. Additionally, the JOLTS Job Openings data, with a forecast higher than the previous report, is expected to provide further support to the USD if it shows positive growth. A stronger job market could push the USD higher, reinforcing the bearish momentum on GBP/USD. Trade Setup: Trade Type: Sell Stop (Breakout Trade) Entry Price: 1.25050 (on confirmation of price breaking below the minor key support) Stop Loss: 1.26080 (above the resistance level to protect against false breakouts) Take Profit: 1.22650 (aligned with the next significant support level) Conclusion: GBP/USD is showing a potential bearish continuation, with the head and shoulders pattern and recent breaks of minor support levels indicating further downside. The upcoming ISM Services PMI and JOLTS Job Openings data could strengthen the USD, supporting our bearish view. Traders should wait for confirmation through the formation of liquidity and a break below 1.25000 before entering a short position. Risk Management: Ensure a disciplined risk management approach with a 1:2 risk-to-reward ratio. Position sizes should align with account equity, and always monitor price reactions in real-time to validate or invalidate the setup, especially considering the impact of the upcoming economic data.