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Pivot Points

Does $Now have further upside, or is it nearing a potential top?To project targets, I am using the following methods: Cup and Handle Pattern If we consider the price range of $709.02 - $338.24 as forming a cup and handle pattern, the price movement represents approximately a 52% increase. Projecting this on the upside sets a target of around $1078.79, which was achieved last week. A weekly close above $1122.44 will signal a potential next target at $1316.16, derived from the 2.61% Fibonacci extension applied to the range of $709.02 - $338.24. Fibonacci Extensions Using Fibonacci extensions on the same price range, the 2.61% target aligns with $1316.16 as the next significant resistance level. Key Levels: Support: The uptrend remains intact as long as $906 holds. Downside Risk: If $906 is breached, the next downside target is $709.02.
NYSE:NOW
by truthseeker6
MOH long term potentialMOH has corrected nicely after a huge run. This is a stock that a few legendary investors have added as of late. If you expect medicare/medicade expenses to increase by 7% on average, and more people to sign up over time, this stock will hugely benefit. I note a basing at the most recent fib level. The weekly stochastic is resetting and the BBWP is indifferent. I expect a retest of 370$ rather quickly. This stock will also perform well if we get recession fears or other macro negative news.
NYSE:MOHLong
by Apollo_21mil
CAKE Secondary trend. Potential for this alt season #2. 11 2024Logarithm. The main trend, published more than 1.5 years ago. CAKE Basic trend. Working with reversal zones. Money management . 6 08 2023 The level zones are identical as before and now, nothing can change. The main trend now without “market noise” and the average price of this cycle distribution. Secondary trend. The price has left the descending channel and has gone sideways. The price is drawing a large double bottom. The first local target is its resistance. Then a big pump. Exit the position before everyone else before the key resistance levels. Local trend . There is an exit with accumulation by impulse +50%. Now the prices are near the minimum of the trend in comparison with the huge pumping potential.
Long
by SpartaBTC
9
USDCAD Trend Shifts: Testing Key Support LevelsHello, FX:USDCAD is likely to experience further downside as the trend gradually shifts from bullish to bearish. The 1M/1W support levels are expected to be tested once again. For this scenario to materialize, it’s crucial for the price to remain consistently below the 1W pivot point. If it stays comfortably above that level, we could see more upside movement. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
NZDUSD Eyes Upside as USD FaltersHello, OANDA:NZDUSD has experienced significant upside and is now poised to rise toward the 1M PP. While the market still has a bearish undertone, it is likely to turn bullish soon. The price has established itself above the 1W/1D resistance levels, which is a promising indication. A key resistance to watch is at 0.601404. As highlighted in the previous analysis, the USD has weakened. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
GBP/USD: Bullish Momentum Towards Key Resistance LevelsHello, FX:GBPUSD has reached a fresh 1-week high from the 6-month low of 1.24872. While the pair remains overall bearish, it has established itself above several resistance levels and pivot points. We anticipate further upside towards the 1-month pivot point initially. From there, the next move will depend on how the price reacts. Key resistance levels at 1.28499 and 1.29493 should not be overlooked as potential turning points. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
USDJPY Testing Key Levels: Potential for Downside MoveHello, FX:USDJPY has faced a price rejection at the 1W Pivot Point, leading to a downside move as highlighted in the previous analysis. Currently, the pair is testing the 1M Pivot Point, which could act as resistance. If this level sees a rejection, the price may move toward 140.053, with 146.031 serving as a strong support zone. While buyers are stepping in aggressively at this stage, their actions may be premature given the current market conditions. A clearer decision can be made once the 1M Pivot Point has been thoroughly tested. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
EUR/USD: Bearish Trend Meets Bullish SignalHello, FX:EURUSD pair presents an interesting scenario. While it remains bearish across all major timeframes, an initial signal for potential upside has been triggered at the 1W pivot point (PP). At this stage, the key focus is on a decisive breakout above the 1D/1W resistance levels to confirm a continued move upward toward the 1Y/1M pivot points. The likelihood of further upside is not just plausible but increasingly anticipated! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
XAGUSD Hits 1M Low, Bearish Pressure LoomsHello, OANDA:XAGUSD has reached a fresh 1-month low at 29.64, with the 1-week pivot point acting as resistance—typically a signal of further downside potential. Despite this, the long-term trend remains bullish. A key indicator of sustained bearish momentum would be if the price stabilizes below 29.64. Additional resistance tests are likely, even though the market recently achieved a new 1-year high. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
OANDA:XAGUSD
by TradeWithTheTrend3344
XAUUSD: Upside Likely Unless 1D PP FailsHello, OANDA:XAUUSD has found support at the 1D Pivot Point (PP) and is once again testing the 1W PP, which appears to be serving as a resistance level. The key question now is how much further downside might be anticipated. In short, further upside is likely unless the price breaks and stabilizes below the 1D PP. While market sentiment leans toward risk-off, any downside is expected to remain minor unless the 1D PP later becomes a resistance level. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
OANDA:XAUUSD
by TradeWithTheTrend3344
SPELL is set for a bull run aheadThe liquidity pools are located at the top of the chart. The upper pivots have been used up. This is suitable for Spot trading. After clearing 0.00014580, we can initiate a BUY when the price returns to the green zone and hold the position until it reaches the red zone. To manage risk and control traders' emotions, target levels have been provided where traders can take profits in stages and move their stop-loss higher. A candle closing below the invalidation level will invalidate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT CRYPTO:IOTAUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.2189 (Close it if you don't want to lose any) 0.2282 🔴SL: 0.2030 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Will Bitcoin Hit ATH Before Halving?I posted a Log Regression when #Bitcoin was 15k. I publish now when it is 62k. So CRYPTOCAP:BTC has already done x4. What now? Shall we break the ATH? Let's consider the pros and cons. This is why yes: ➕Increasing global liquidity. ➕So far, positive flow from ETFs. Here's why not: ➖Strong overbought ➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season. ➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part. 💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
BNC:BLXShort
by FeelsStrategy
1
Gold is in the bullish direction after correcting the supportHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
XAU USD - current sells in play, looking for buying ops Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV
FOREXCOM:XAUUSD
by LupaCapital