NVIDIA The Next long Too Take I cover NVIDIA Range and where I perceive us to gravitate too from the current level . Watch This Before You Buy Nvidia
Longtermanalysis
CHINA50 // breaking the countertrendAfter a nice wave formed a long trend on the monthly timeframe, the daily and the weekly has come back to print a countertrend.
Now, after 61.8 correction, the daily crossed above the impulse base with waves, so the daily is back (in the minor phase of) the long trend, in sync with the monthly, just breaking the countertrend.
The expansion phase starts above the highest daily breakdown.
———
Stay Patient, Stay Disciplined! 🏄🏼♂️
Your comments, questions, and support are greatly appreciated! 👊🏼
Please check out my video ideas for more explanation.
Long-term Cup & Handle PatternA long-term cup & handle pattern has formed in Nintendo (I have been buying during the "handle" formation). It's not a perfect setup as the top of the "handle" is higher than the high near the end of 2007, although that's in the chart adjusted for dividends. It looks a lot more clear on the chart that's not adjusted for dividends (I will post an update with that). Additionally, the "cup" formation is pretty deep, which likely limits upside from here. Therefore, I think a 50% rise is possible if it can decisively break out above $16 on a monthly closing basis. (This would be a price target in the mid-$20 range; more may be possible, and would be welcomed, but at some point I would have a stop loss in mind and hopefully it would continue to run for a while. I will update this idea if/when that happens.)
Gold Long Term Analysis Dec 1stWe saw another week of volatile movements for Gold. This time, the movement appeared to be influenced by news of Trump's pick for Treasury Secretary and the Ceasefire announced between Israel and Hezbollah. This resulted in a sudden drop in the Gold price at the start of the week before we saw some significant economic news released towards the end of the week.
The announcement of the ceasefire resulted in some some risk-on movement of money as the market viewed this as an easing of tension in at least one geopolitical hotspot. Some sabre rattling from Russia, mean that this was short lived. Whilst the reaction to Trump's nomination of Scott Bessant for Treasury Secretary seemed a little confused given his more muted comments about the use of tariffs and stated desire to reduce the budget deficit. Both of these, on the face of it, would help to ease inflation and make the Fed's job of lowering rates much easier and should have been a support for the Gold price. Towards the end of the week it appears that the market had better parsed the implications of this pick.
On the economic front we had inflation, GDP and labour market numbers broadly come in at expectations along with the FOMC minutes talk of a potential slowing in rate cuts. The probability of a December rate cut increased slightly as yields and the US dollar both dropped.
It is possible that the the observed volatility in Gold prices continues in the short-term leading up to the Fed's interest rate decision in December and the economic implications of Trump's policy statements and cabinet picks continue to be debated.
Looking at the current trend, we have seen periods of sideways movements following an upwards movement in the price and it is likely that we are entering another phase leading up to the innaguration of the president elect. It has been pointed out the the last seven years have seen a rally in Gold prices, but it is unclear whether the conditions are present for an eight. If the Fed chooses to hold off on a rate cut in December, then there's a good chance we won't. I will look at the likely price movement leading into next week in another post.
Gold Long Term Analysis Nov 25The gold price saw a strong rebound last week with the price rising nearly 6%. This saw the gold price respect the upwards trend that has been established over the last year. Uncertainty in the Russia Ukraine conflict provided the main demand for gold last week in the absence of any major economic news as investors looked for a risk hedge.
This movement in gold prices ran counter to increases in the USDX and US treasury yields. The higher yields reflect expectations of better economic conditions leading to a pause (or slowdown) in the pace of monetary policy easing by the Fed and the expected impact of Trump trade policy. With the FOMC minutes, personal consumption and GDP figures coming out later this week we may see some subdued price movement prior to the release of these numbers.
Gold closed last week around a key resistance level that lines up with the 23% fib retracement. We may see gold linger around these levels given recent comments from the Fed reserve over the last week. However a pull back may occur as profits are taken off last week's stellar rise. Hey levels of support are seen around 2693 and 2670.
Bitcoin Fibo and Time- A bit messy graph.
- Some peoples will get it and some not.
- in matter of time and fibo analysis.
- More will BTC take time to go up.
- More BTC price will go higher.
- in simple words, if u compare the 2015 bullrun and 2018 :
- 2015 was 1055 days ( around..)
- 2018 was 820 Days ( excluding the bouble top)
- Nothing much to deduct from that, but 2 scenarios are still possible :
- 100 000$ is not enough (161.8 FIbo), i still persist on that one, so not a scenario imo.
- 150k$ (261.8 Fibo) possible if BTC goes fast. ( same as 2018).
- 200k$ (361.8 fibo ) or 250k$ (423.6 Fibo ) are both possible if BTC goes slow. (same as 2015 )
- i still believe that " more Bitcoin will take time to go up, more the price will go higher "
- Don't forget this is only TA, not FA, not Economic or World Situation.
- Feel free to share with me your view.
Happy Tr4Ding !
VINATIOR - ABC Correction Near Completion (weekly)Vinati Organics Ltd – Weekly Chart Analysis
1. Current Correction and Support Zone
The price has completed the ABC corrective structure with wave C nearing its completion in the Extended Correction Zone (₹1,729-₹1,689) .
The current price (₹1,834.95) is hovering near the completion zone of wave C , and a sharp recovery is anticipated if support holds.
2. Key Levels and Trading Plan
b Bullish Scenario
Sustained buying from the current levels or the demand zone (₹1,729-₹1,689) could lead to a recovery toward the following target zones:
Target 1: ₹2,360
Target 2: ₹2,614
b Bearish Scenario
A break below ₹1,645 (on a day closing basis) could invalidate the bullish setup, with potential downside to lower levels.
3. Observations and Indicators
Support at Golden Retracement Zone: The stock had shown sharp recoveries in the past from the 61.8% Fibonacci retracement levels, as seen in earlier price movements on the weekly timeframe.
Volume Analysis: A noticeable increase in volume during previous support testing phases indicates buyer interest around key levels.
4. Key Risks
A failure to hold the current correction zone could push the stock toward lower levels. Watch for macroeconomic factors or company-specific news that might impact sentiment.
📈 What’s Your Take on the Setup?
Are we heading toward the targets, or will bears take over? Share your insights in the comments! 🚀📉
GOOGL Strong Move Post-Earnings. My AnalysisHey, guys. Not going to go into too much detail on the description here. Just wanted to get my thoughts out there on NASDAQ:GOOGL . Certainly seems to have a strong long term trend here. As always, in long term trends, there could be various counter trend moves so always be prepared in that regard. Hopefully this offers some more insight for you as you think about NASDAQ:GOOGL from an investment perspective, or even a trading perspective. Even if you are looking for short term trades in GOOGL, I find it helpful to know how your trade might fit in to the longer term trend (whether to the downside or upside).
Hope you enjoy the review, and best of luck out there!
Long term bullmarket scenarioThis idea is a long-term bull market scenario. This idea could start on the day of the FED interest rate decision. The rate decision could lead price action into a bear trap by making traders think we are making a lower low. Well, we do, but this should be considered a bear trap as we have been moving sideways since March and a big event like the FED rate decision could lead to a trend change. Considering the fact that we are making lower lows, it seems like we are constantly liquidating the long positions and the market makers are keeping the short positions alive to sell on a late uptrend.
Bitcoin Returns following the HalvingThis chart provides a visual representation of Bitcoin's price movements in relation to its halving events. Bitcoin halving is a significant event that occurs approximately every four years, where the reward for mining new Bitcoin blocks is halved, effectively reducing the rate at which new Bitcoin is generated. Historically, these halving events have been followed by significant changes in Bitcoin’s price.
Key Points from the Chart:
Historical Performance After Halvings:
The chart tracks Bitcoin's monthly price performance following each halving event. It shows a pattern where September, after a halving year, often marks a critical turning point.
For instance, in past cycles (2013, 2016, and 2020), the months following September have seen significant gains, particularly in October and November.
September as a Pivot Month:
The data suggests that September, following a halving year, tends to be a weaker month, often showing negative or relatively flat returns. However, it is followed by strong positive returns in the following months (October, November, December).
This pattern indicates that September could be the last opportunity to enter the market before a potential significant upward movement.
Average and Median Returns:
The table in the chart highlights average and median returns for October, November, and December after the halving. These months typically exhibit strong performance, with October and November particularly showing robust growth historically.
Market Sentiment Advice:
The message associated with this chart emphasizes a contrarian investment approach: "Buy when there's fear." The logic is that entering the market when sentiment is low (fear is high) can position investors well for the strong returns historically seen in the months following September in a halving year.
Conclusion:
This chart and analysis suggest that if Bitcoin follows its historical patterns post-halving, there could be significant gains in the final quarter of 2024. September might be a period of accumulation for those looking to enter or expand their positions before a potential bull run. The overarching message is to be cautious of buying into hype and to consider entering the market during periods of fear and uncertainty, which could offer the best buying opportunities.
Study of Nifty since it's inception for long term view/Outlook. Nifty has closed at highest monthly closing. It is almost at all time high. Now what the future holds for investors? It is the right time to look at All Time Chart of Nifty. This will help us in taking a long term view of Nifty we decided to look at the all time channel of the same since it's inception in 1991. This research has given three indications. The long term channel is the best way to get predict the Nifty as it filters out all noise. The cut off date we have indicated is January 2028.
This study and analysis has shown an interesting result which indicates that the best case scenario for Nifty by 2028 can be 49K+ levels. (If we continue to grow at the same rate along with the same trendline). In case of stutter the moderate case scenario seems to be that we can reach 30K+ levels.
The worst case scenario as of now seems to be that we remain at similar levels of 23K+. This can happen in case of a major global catastrophe or some internal disruption in India. (Both are worst case scenarios). The reason we might not fall below these levels is that we have a strong rule of law, India as of now is not aligned to any global power and has become leader of the Global south so in case of conflict we might not grow but we by all means will not fall below a certain level.
Since 2005 Nifty has gone below Mid channel support only on two occasions once in sub prime crisis in 2008 and once during Covid 19 outbreak. Even if we fall below Mid channel support we mostly will bounce back very strongly. Thus the indications of all time chart of Nifty seem that India will remains a bull run for a long long time to come.
If we believe the current trend within this decade that is before 2030 Nifty touching or crossing 50K also remains a fair possibility.
So invest in equity, Educate yourself, learn Techno-funda analysis. Reading The Happy Candles Way To Wealth creation my book which is available on Amazon in Paperback and Kindle version can be a good beginning for you. All the best! Happy Investing.
Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD !
So is gold a good long-term investment? In my view, the short answer is YES .
Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value.
If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3.
What's particularly noteworthy is how well the technical indicators have aligned throughout this process.
The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years.
Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5.
Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026.
Only time will tell!
Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto
CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
Gold is set to rise - Bullish Momentum Ahead!Welcome to another analysis, where we dive into the latest market trend and chart the potential path ahead for GOLD !
So is gold a good long-term investment? In my view, the short answer is YES .
Gold is likely to continue rising in the coming years due to several fundamental factors. Firstly, ongoing global economic uncertainty, including inflation concerns and geopolitical tensions, often drives investors toward gold as a safe-haven asset. Central banks around the world are also increasing their gold reserves, reflecting confidence in its long-term value.
If we examine the consolidation period between 2016 and 2019, we can see that the breakout from this consolidation initiated Elliott Wave 3.
What's particularly noteworthy is how well the technical indicators have aligned throughout this process.
The Fibonacci extension tool accurately predicted where gold would peak in 2020. After reaching that peak, gold entered a new period of consolidation and sideways movement as we moved into the new years.
Once again, it appears we've entered another phase of Elliott Wave 3 and will probably soon have a minor correction or sideways time period before going into wave 5.
Looking ahead, my long-term projection for gold suggests a potential peak between $3,200 and $3,500, likely around 2026.
Only time will tell!
Thanks for reading, and make sure to follow me here on tradingview and on X for more updates as we progress: @PuppyNakamoto
CAPITALCOM:GOLD TVC:GOLD MCX:GOLD1!
STG Long Term Profits PlanHello traders!
Currently, we are experiencing a big drop in Crypto but other markets have also been dropping hard. So, now instead of going all panic mode let's switch gears and plan ahead to take advantage of the buying opportunities. So, here's my plan in the long term for StarGate.
1) Right now, we can see price hit the Demand Zone which is the zone marked in green. It got pierced though recently after a real long time. However, it's turning into a hammer candle and reversing altogether which means strong buying pressure stepping and it could totally be a fakeout, so we should stay alert to see how it plays out.
Possible confirmations for the demand zone to be safe are: Wait for the price breakout and take a position when it re-test the zone back again.
In the future if the bearish trendline gets broken, we can expect an important rise on the price. We still have to deal with a strong supply zone which is marked in red. If price manages to pierce through the supply then we fly to the moon ♥ meanwhile, I'll be monitoring weekly and informing STG movements over time.
2) TARGETS: The nearest one would be 0.53, which would act as a mean reversion zone. After that, we can expect ranging, and we'll have to wait for signs and clues to find out what could possibly happen next. Targets long term: the supply zone and the ATH +
This idea is to spot for the long term. This asset is still in ranging mode; there hasn't been a breakout of the range yet. However, it's worth noting that there's a triangle pattern playing out in the monthly timeframe, right now.
I hope you find it useful and are able to take advantage of this idea.
Kina Tip of the Day: Take profits partially even when they don't seem much because, in the long run, they will grow in a balanced way with the rest of the portfolio.
Keep it shiny ⭐
Kina, The Girly Trader
USDCHF | Long Term | Buy OpportunityDay : Bearish Trend > marked Day Supply Zone
15m: Likely to grab entire sell-side liquidity soon and shift to a bullish trend, continuing until the daytime frame supply zone mitigation.
Take a long position after strong bullish confirmation in both 15m and 1m charts.
Morgan Stanley _ Chance to Make HUGE PROFIT + 442%.Morgan Stanley Trading within the Rising Channel Pattern and has Breakout the Triangle Pattern. If Breakout above the Resistance level, market significant Bullish Trend then the 1st Target is the Channel Top price around USD 350 or more, depending on the time. And 2nd Target is the Triangle Pattern Target price at USD 572. Offering a Chance to Achieve +442 % of HUGE PROFIT. This is Long-Term Analysis, must follow the Trend Continuation Technique.
Support me; I want to Help People Make PROFIT all over the "World".
Mastering HTF Analysis: DXY & EURUSD Weekly to Monthly Forecast!Greetings, traders, and welcome back to today's video!
In this session, we'll be conducting a higher timeframe outlook on the DXY and EURUSD. Our goal is to understand what we can anticipate in this week's and this month's trading sessions.
This video will also provide insight into how I approach my trading, focusing on different logs for various aspects of my analysis:
Higher Timeframe Analysis : Monthly, weekly, and daily analysis conducted at the beginning of each week. (Primary Focus In Todays Video)
Interest Rate Logs: Tracking changes and impacts of interest rates.
Intraday Trading Layouts: Used daily to keep my charts organized and clutter-free.
Analyzing these layouts separately at different times helps me stay organized and maintain a clear perspective.
Let's discuss the market structure. Markets are driven by smart money, also known as the banks. They are the liquidity providers, while we are the spectators. Central banks own the currencies and set their trading values. Understanding that markets are liquidity-based—it's us against the banks—we see that banks move prices toward liquidity to pair and book against it.
So, where does the most liquidity reside? The higher timeframes. The higher the timeframe, the larger the sponsorship. That's why we'll be analyzing the higher timeframes today to gain a strategic edge.
Let's dive into the charts and uncover these crucial insights together.
Premium & Discount Price Delivery in Institutional Trading:
If you have any questions, please leave them in the comments section below.
Happy Trading,
The_Architect
ASHOKA METCAST LTD Chota Packet Bada DhamakaStock is trading at 0.58 times its book value
Promoter Holding Increased 9.66 % over Last 6 Years
From Year 2020 to 2024 Company Have Gradually Purchased their Fixed Assets of 20.57 CR .
in Year March 2018 Company Reported Total Annual Sales of 19.17 CR
Now in Year March 2024 Company Reported Annual Sales of 66.25 CR
Net Cash Flow Is Healthy
Cash Convertion Cycle and Working Capital Days have Also Decreased
Reserves and Equity Capital showing Increasing Strength
NEXT MRF - HONEYWELL AUTO ( HONAUT ) Multiple study like flag and trend line from upper price that share price is running on 38800
CHART PATTERNS HOLD
1. Trend line on monthly
2. Multiple cup & handle
3. Ready to cross us supply zone
4 Range breakout
2 Slide flag pattern brekaout
BUY honey well auto above 39000
TRG 1 - 44000
TRG 2 - 48000
TRG 3- 52000
and above 52000 that convert in jackpot trade if that not split
TRG 64000 --- 72000 ----- 88000 if everything will be going in good that share
BITCOIN Comprehensive Technical AnalysisHello everyone.
First of all I should say happy new year (Nowrooz) to all iranian people around
the world specially iranian traders community.
Im going to explain how will BTC behave in coming months according to
Elliot wave principles.
As you know wave analysis act better in higher timeframes like Weekly.
So I want to take a look at BTC price action from Nov 2022 that new Elliot Motive wave starts.
You can see the end of wave 3 of a 5 wave move in picture below:
so we are now in the end of a wave 3 in 161.8% fibonacci projection level from the end of wave 2.
furthermore we will have price correction as wave 4.
this wave 4 can be end in 57000 level that is a strong support level and most Fibo retracement levels compress here.
there are a lot of reasons that we will have a bullrun in coming months :
The most important one is Bitcoin Halving and the second one is inflows from approved ETFs
and last one is expected Federal rate cuts.
In chart below you see the overlay levels of Fibo that price will target soon.
Overall in my opinion after a correction to 57000 level as wave 4 , price will go forward to 3 targets ahead as wave 5 (100% level of wave 1) : 85000 , 100000 and 115000.
the most probable target level is 115000 (100% Fibo projection of wave 1)
after that price will correct till the range of wave 4 means 57000 again.
this level (I mean 57000 to 60000) will convert to a strong support level after the price correction.
Hope you like this opinion.
you should make decision on your own opinion but I will be happy if you share your views in comments with me.
Thank you for reading this analysis.
Have good trades
#KIRLPNU just Broken All Time High With Good Fundamentals
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 20.4% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 31.6%
Business Highlights
Order Board as on 1st April 2024 of Rs. 1,475 Cr., 28% more than last year.
FY 24 Operating Revenue @ Rs. 1,323 Cr.
24% Y-O-Y growth in PBT
Setting up of forging facility at Nashik as a part of vertical integration.
Launched new products —
Tezcatlipoca - a Centrifugal compressor
Atmos Aria - a off shelf screw compressor
Jarilo-A Bio - gas Compressor
BTC 2024 BULL RUN SPECULATIONI am expecting something like this to play out (ceteris paribus). Pure speculation however the data is based on previous cycles. Expected blow off top between $140 - $160k with a potential bear market bottom in late 2025 at between approx. $30 - $40k. Further accumulated between the range then ready for a next cycle in 2027-28
Long term *reliable* Fibonacci levels - lose or rally up? The Fibonacci levels are projected based on weekly price move of BYBIT:BTCUSDC.P from August 2020 till January 2021 .
For reliance discovery please follow yellow arrows. These significant price reaction are happened after revealing the levels. This shows these Fibo levels are highly reliable and has proved it can project the resistance and support levels with higher trust and accuracy. But still it is projection and anytime can be expired.
We are now over an important level of ~48900, obviously we have 2 scenarios for next ~2 weeks;
1) remain
2) lose
Right now there are still 6 days until weekly close, I would expect it closes under this level in upcoming 2 weeks. Unless, we will ride up till ~55500 level. Based on market behaviors it would be logical and stronger to range between 38221 and 48900 for sometime and then rally up.
What is your opinion?
