Pivot Points
NZD/USD Set for Upside as USD WeakensHello,
OANDA:NZDUSD is positioning itself for upside, as the USD appears to be losing momentum. That said, there may be additional support tests before this upward movement fully materializes, given the current price level—potentially even to its full extent.
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EUR/USD Hits 1-Year Low, Upside ExpectedHello,
FX:EURUSD has hit a new 1-year low at 1.033215. Significant upside potential is anticipated, initially targeting the 1-month and 1-year pivot points. Future expectations will depend on price action at those levels.
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XAU/USD: 1M Pivot Point Key for Next MoveHello,
OANDA:XAUUSD needs to break and hold above the 1M pivot point (PP) to confirm further upside potential. If this level acts as resistance, downside momentum is likely to resume. Sellers remain dominant, anticipating further declines, making the 1M PP a critical decision level.
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Are we topping at $120k by Oct 2025 ? I know BTC is primed for growth this cycle, heck we might continue going up for the next 8 years as Gold did after ETF, but i see a resistance that was respected in both prior cycles, twice actually in the last cycle, this is unlikely but what if we top at ~$120k
$NQ Possible PM Session Buy *SMC*Edit: OOPS! I pulled the chart too far back when publishing. I would suggest looking at the chat with the high and the low of the day as well as including the asian session from yesterday.
like this
*Smart Money Concepts is the technical analysis that takes the opposite appproach of retail ttechnical analysis. Don't think as if you were taught the first time to trade. Think as if you're a market maker and can manipulate the market.
In th 5 min chart of Nasdaq Futures. There's a small unbalanced candle that breaks the most recent high (Not a major high just a session mid-high). The bottom of that FVG is also the top of that short high that triggers liquidity at $20780.25 See Chart
If price reaches int that FVG, I will jump in with a PM session silver Bulllet opportunity. Keep in mind. that you have two bearish breakers/order blocks on your way up. However, considering we haven't been breaking lows, I have a feeling the afternoon session will be going for breaking Liquidity in a high, above 20,905. and OANDA:NAS100USD possibly to the Top of the 1 HR Breaker. see chart.
If it doesn't fall back into this area. I'll just sit n my hands and not risk chasing something I do not see that a institution would would do.
Entry is 20791.00, Full Take Profit 20918.00 (Possibly banking two take profits along the way as it hits bearish breakers and moving the stop loss to even.) Srop loss will depend on time. If before 2pm NY Time then 20700.75. Be careful after 2 p.m. as price will have a tendency to move a lot faster and your stop loss could get hit in a matter of minutes. So I would shallow it to 20,780, and look for another entry
Good luck and happy trading.
CME_MINI:NQ1!
OANDA:NAS100USD
PEPPERSTONE:NAS100
ACH is on an important rangeIt has stabilized on the key level range and every time it has gone below the key level range, it has created higher Ls and has not been able to stabilize below the key level.
We also have a bullish iCH on the chart, which gives us a bullish view.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate this analysis
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
OP is bullish (1D)On the chart, we have both a bullish iCH and a bullish QM.
If the price returns to the bottom, we are looking for buy/long in the specified range of ENTRY.
Closing a daily candle below the invalidation level will violate this analysis
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
EURAUD is in The bullish DirectionHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD 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
Solana - 15 min Elliott Wave AnalysisGreetings, here is a 15 min update for Solana.
We have hit the green Wave 2 support communicate in our last 15 min Elliott Wave Analysis for Solana and have seen a rally in green Wave 3 from it.
The targets for the rally in green Wave 3 are at the 1 to 1 FIB at 260.05, the 1.236 FIB at 267.18 USD. the 1.38 FIB at 271.54 USD and the 1.618 FIB at 278.73 USD.
If you want further upside targets and a more detailed analysis of them I recommend you reading our last 1H Elliott Wave Analysis! I'll link it below in the notes! :)
Here we want to discuss the next key prices to see the rally extend.
After green Wave 3 tops out we expect a pullback to the support area in green Wave 4 which sits between the 0.236 FIB at 252.28 USD and the 0.618 FIB at 240.94 USD. A break below the 0.618 FIB at 240.94 USD would indicate that blue Wave 3 and white Wave 5 are in and we started a bigger pullback in blue Wave 4. A break below 229.60 USD would be further confirmation.
Be aware that the green Wave 4 support can morph and change if green Wave 3 extends to the upside and that if we break the ATH we will enter price discovery.
Thanks for reading.
NO FINANCIAL ADVICE.
Solana - 1H Elliott Wave AnalysisGreetings, here is my update for the 1H timeframe of Solana!
Our Wave 2 support area of last time got hit 3 times! Congrats to everybody who took a long trade there. We hit to the 0.382 FIB which is a shallow but valid retracement.
Following this we have seen a rally into our communicated target area between the 0.618 FIB at 255.45 USD and the 0.786 FIB at 267.20 USD which we'll keep on the chart for now.
Today, we added some further targets for the rally in green Wave 3 at the 1 to 1 FIB at 260.05, the 1.236 FIB at 267.18 USD. the 1.38 FIB at 271.54 USD and the 1.618 FIB at 278.73 USD.
Noteworthy is that the 1 to 1 FIB at 260.05 USD is in confluence with the ATH which can function as further resistance.
Noteworthy is that the 1.236 FIB at 267.18 USD is also in confluence with the 0.786 FIB of our target area from the last publication where we also mentioned "The 0.786 FIB at 267.20 USD is also in confluence with higher timeframe FIBS at 268.91 USD and at 265.89 USD.".
Be aware that we are in an area where the blue Wave 3 can top which we expect to be followed by a blue Wave 4 retracement and that if we break the ATH we will enter price discovery.
We wont call a top yet as a green Wave 4 and 5 are still possible but we will communicate some lower timeframe prices to pay attention to in our next 15 min Elliott Wave update. I'll post it here as a note. :)
Thanks for reading.
NO FINANCIAL ADVICE.
GBPCAD Wave Analysis 21 November 2024
- GBPCAD broke support zone
- Likely to fall to support level 1.7500
GBPCAD currency pair today broke the support zone between the support level 1.7700 (which reversed the price in August and September) and the 38.2% Fibonacci correction of the upward price move from April.
The breakout of this support zone accelerated the active minor impulse wave C of the ABC correction 4 from May.
GBPCAD currency pair can be expected to fall further to the next support level 1.7500, target price for the completion of the active wave 4.
Alts with UPSIDE POTENTIAL | ALTCOINS | RUNE, ATOM, FETIn this time of the cycle, many alts have already rallied... and a few, haven't, patiently awaiting their turn for some liquidity.
In this video, I take a look at my TOP picks - there are many more, but let's start with these.
1) FET
2) RUNE
3) ATOM
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BINANCE:ATOMUSDT BINANCE:RUNEUSDT BINANCE:FETUSDT
Gas futures at 6-month highs, will oil follow?Oil futures NYMEX:CL1! are forming a weekly reversal pattern at support levels
Gas futures NYMEX:NG1! already made the same pattern and rebounded strongly and is now making 6-month highs
The US energy sector AMEX:XLE is already discounting that a rebound in oil will happen, as it is near all time highs
USDZAR SELLSSelling USDZAR here around 18.11 towards 17.90. Observing the trend line break, price should target recent low and create a fresher low. Our most used reversal pattern, head and shoulders seems to be formed and ready to move. ZAR interest rate decision and USD Initial Jobless Claims tomorrow should fuel the sells.