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2024-12-19 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr gold - Bearish. I doubt we can close the week below 2560 but we now have a giant bear gap between 2615 - 2652. No interested in selling this tomorrow but if we close the week below 2600, the bull trend is gone for good. comment : No matter what you think China is doing with Gold, this market is going down. We are 200 points below the ath and the bull trend is most likely over. If we close this week below 2630, it would be the second close below the weekly 20ema since January. current market cycle: trading range key levels: 2590 - 2640 bull case : Bulls are in pain. Every rip is sold hard and we have a clear bear channel. Hard to come up with arguments for the bulls right now. Best they can hope for is to stay above 2600 but this market is as weak as it gets since last week. Invalidation is below 2595. bear case: 2566 is their main target and I am not confident they can get it tomorrow. I expect more chop near 2600 over the next 2 weeks but for Q1 I have wet dreams about 2400. If you want to trade this, look for shorts near the 3h or 4h 20ema and longs only if 2600 continues to be bigger support. Invalidation is above 2642. short term: Neutral. I don’t expect this to go into the weekend far from 2600 but for next 2 weeks I have 2 measured move targets below 2570. medium-long term - Update from 2024-12-19: No bigger opinion on this for the rest of 2024. Market is in balance until we see a new impulse. Likely close around 2600. current swing trade: None trade of the day: selling near the 4h 20ema or bear trend line.
COMEX_MINI:MGC1!
by priceactiontds
2024-12-19 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax futures - Neutral. Bears confirmed the sell-off and bears are hoping for a second leg down. I lean to closing tomorrow near 20000 instead of a big second leg down tomorrow but I am open to surprises. Anything above 20150 would surprise me. comment : Bear confirmation and I got 2 measured move targets between 19750 and 19800. Can we get there tomorrow? Possible but not likely I think. We saw decent buying above 19900 and I think it’s more reasonable to expect a close of the week around 19950 - 20000. If bear gap from 20100 - 20200 stay open for the whole 100 points, it would show great bear strength and we could expect a bigger second leg down. Base case for me tomorrow is chop from hell. current market cycle: trading range key levels: 19800 - 20200 bull case: Bulls tried multiple times and market still closed the US session at the lows. Best bulls can hope for tomorrow is to prevent the second leg down and stay above 19900. Invalidation is below 19900. bear case: Follow-through selling by the bears which is nice. For now I think it’s more reasonable for bears to take profits going into quad witching and that’s probably why we saw a bigger trading range today. Look at the 1h 20ema and if it continues to be resistance. Invalidation is above 20200. short term: Neutral around 20000 and very bearish below 19900. I expect this week to close a bit below 20000 and anything below 19900 would surprise me. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: None trade of the day: Chop chop. Best trade was probably selling the double top bar 54 (prev high was bar 35).
EUREX:FDXSZ2024
by priceactiontds
1
GBPAUD: Strong Resistance in Play – What’s Next?Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis ! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
Short
by OGT_Forex
USD/JPY Delivers Exactly as Predicted—Next Stop: 161.92?Daily Context: The daily timeframe continues to respect the bullish structure, with strong upward momentum intact. We’ve successfully broken the last high, achieving the medium-term target of 156.74. My long-term target of 161.92 remains firmly in place, aligning perfectly with the broader trend. 4H Perspective: The market played out exactly as we talked about in the last analysis. After the accumulation phase, the breakout was clean, and the price delivered a strong markup, reaching 156.74. This perfectly confirms the bullish shift we anticipated following the distribution phase and validates the daily demand zone as a solid foundation for upward movement. Updated Trade Plan: Now that 156.74 has been achieved, I’ll monitor for a potential pullback into the 155.50–156.00 zone for a continuation setup. If the bullish structure holds, the next target remains 161.92, which aligns with the higher timeframe trend. 💡 Key Takeaway: Patience and structure-based trading paid off here—once again, the market delivered exactly as expected. The most important thing is to trade markets with clear context and solid setups. Stay focused, and let the market come to you!
Long
by TraderOuss_LumaNex
GOLD FORECASTIn this chart we are analyzing 4H time frame for finding the upcoming moves and changes in gold price. By using SMC concept combine with price action and liquidity concept. I'm looking for buy trade opportunity. So what we will do just wait for price when it comes to our zone and observe the reaction of price when enter into the zone. Let's see what happens and which opportunity market will give us. Let's delve deeper into these levels and potential outcomes. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis or prediction. #XAUUSD 4H Technical Analyze Expected Move.
OANDA:XAUUSDLong
by TradeTacticsreal
DXY ANALYSISWe are focusing on the 4-hour time frame chart to analyze the potential moves and changes in DXY's price. Based on my bias, I am expecting a sell in the market today. Let's see what kind of opportunity the market provides. It is very important to get confirmation before taking a trade, so always wait for confirmation. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis or prediction. #DXY 4H Technical Analyze Expected Move.
TVC:DXYShort
by TradeTacticsreal
TSLA - Technicals, Fundamentals, and Who he knowsGood Morning Traders, 🚗Tesla NASDAQ:TSLA has been on a remarkable upward trajectory, and the outlook remains bullish with continued closures over $376 look for $420 to be tested and $475 next upside. Let's break down why Tesla can continue to be bullish for reasons outside of Price Action. 📈 Revenue Growth: Tesla continues to report impressive revenue growth 📈, driven by strong sales of electric vehicles and energy products 🚗⚡. Profitability: The company has turned profitable 💰, with a positive net income and strong cash flow 💵. Innovation: Tesla remains at the forefront of innovation 🔧🚀 in the EV and energy sectors, with continuous advancements in technology and production efficiency 💡. Additionally Carbon Credits and EV Policies Carbon Credits: Tesla has been capitalizing on selling carbon credits to other automakers who need them to meet regulatory requirements. This has been a significant revenue stream for Tesla. EV Credits: There are discussions about removing federal EV credits, which could impact the market. Tesla's strategic position and established market presence might make it harder for new entrants to compete without these incentives. Political Connections Elon's relationship with President Donald Trump has been beneficial. With Trump's support for electric vehicles and renewable energy, Tesla stands to gain from favorable policies and potential subsidies and knock on effects from yet to be known changes. 🌍Industry Trends The electric vehicle industry is booming, with increasing demand for sustainable transportation solutions. Polestar's strategic partnerships and continuous advancements in EV technology make it an exciting stock to watch1. Share thoughts in the comments! ❤️
NASDAQ:TSLALong
by EliteIndicatorSys
2024-12-18 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax futures - Neutral. Big up, big down, big confusion. Can the selling continue and accelerate? Yes. Can we also see a bigger bounce from 20000? Also yes. Not as easy to trade as you might think because bounces can be big and you have to trade really small. Huge volatility is not the time to swing for the fences. 19802 is the next target for bears (breakout retest) and chances are good that we get there. 20000 is a very important number and that is why the path leading down to 19800 could be choppier than your account is comfortable with. comment : Bull trend is likely over and I will give my bigger outlook on the next weekly update. US session closed it around 20000 and that price is the obvious magnet. 1h close below brings 19800 in play but it’s also possible that we bounce from here. Selling was strong enough that the best bulls can get over the next days is some sideways movement. Don’t short the hole. We have quad witching this week and markets can always do a huge pullback. current market cycle: bull trend is very likely over - expecting more sideways until end of 2024 before the real selling can begin key levels: 19800 - 20400 bull case: Bulls could be running for the exits to secure the profits. It’s hard to tell in quad witching weeks because prices tend to get distorted. In any case the upside will very likely be limited now. Best bulls can hope for tomorrow is sideways around 20000. Any bounce above 20200 would surprise me. Invalidation is below 19800. bear case: Huge day for the bears and they want to accelerate this down to trap many late bulls. 19800 is the breakout retest and their next target. If we drop below, this could get really nasty. 19600 is close to the big bull trend line and other markets have already broken theirs, so it could happen this week. If you still have long positions, I would not hope for a huge year end rally and just get out. Invalidation is above 20400. short term: Neutral around 20000. Bears need follow through down to 19800 and they can get it but always remember, markets can have huge pullbacks and huge volatility comes with big risk, so trade small. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: None trade of the day: Choppy EU session and it closed near the open. FOMC totally changed the markets and now it comes down to tomorrow’s follow through by the bears. No trade of the day. You could not have known what Jpow says and how markets react. Don’t fool yourself.
EUREX:FDXSZ2024
by priceactiontds
2024-12-18 - priceactiontds - daily update - sp500Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral. Selling was too strong to be just a pullback in this bull trend. Best guess is that the trend is over and we are in a huge two-legged correction down to 5800 or lower. 5927 was the low from my W2 and we can expect sideways to up around this price. The lower bull wedge trend line should get a retest. comment : Bull trend is over. We are likely in a trading range the next weeks until we begin a new bigger bear trend. Bulls can still make a higher but it has gotten very unlikely after today’s selling. Huge follow-through would be down to 5800 but that’s a bit much for now. A bounce could retest the lower bull wedge line around 6000-6050, depending on when we get there, if we get there. current market cycle: trading range key levels: 5800 - 6050 bull case: Bulls might be running for the exits. Very interesting day tomorrow if bears can close another one below 6000 or if we trade back up. I would only take longs on very strong momentum. First target for bulls is 6000 and then 6050ish. Invalidation is below 5800. bear case: Bears with a huge surprise bar, changing the market character and ending this rally. Now their target is to keep the market below 6000 and then they have a chance of selling down to 5800. It is still somewhat unlikely to see bigger follow-through selling during these weeks of the year but it could happen. Right now it’s best to be flat and wait if bears want more blood. Invalidation is above 6100. short term: Neutral. Only small scalps for me to either direction. Can have bigger swings going into Opex on Friday. Expecting a bigger bounce going into the last 2 weeks of December and then much bigger selling in Q1 2025. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: Nope trade of the day: Nothing. Don’t gamble FOMC or other news releases.
CME_MINI:MES1!
by priceactiontds
EUR/USD ANALYSISIn this analyze we are analyzing 1H time frame to identify that what will be the next move come occurs in EURUSD currency pair. I'm expecting that first price came down and touches our buying zone and than again move in upward direction. Let's wait when price enter into our zone and observed how will price react into our zone. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analyze or prediction. #EURUSD 1H Technical Analyze Expected Move.
Long
by TradeTacticsreal
1
2024-12-17 - priceactiontds - daily update - sp500Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral. Prices are messed up due to contract change but my lower targets were hit and market is in balance at now 6140ish. Huge support 6115 for the bulls and bears need a strong 1h bar close below it for lower prices. Bulls are in full control when market can only go sideways right under the ath. comment : Both sides made money today so I expect them to do the same tomorrow. If anything I see the chances of another bull breakout higher than a break below. We have clear support at 6115 and until this is strongly broken, look for longs near it. current market cycle: bull trend - late and will end soon key levels: 6115 - 6200 (contract change, so prices are much higher compared to Monday) bull case: Bulls are still buying the dips and making money. They prevent any stronger selling and that is why most will expect a break above the 1h 20ema tomorrow and the bear trend line. 6150 is their target for tomorrow. Depending on what Jpow delivers, we could melt up again but it’s a gamble I am not willing to take tomorrow. Many bulls also bought this because it’s close to the daily 20ema. We have closed once below it in the past 6 weeks. Invalidation is below 6100. bear case: Bears are trying but getting nowhere. They make money scalping but that’s about it. How likely is acceleration downwards? Very unlikely. Most bullish weeks of the year and markets are at peak euphoria. Invalidation is above 6200. short term: Neutral. FOMC tomorrow and if anything I expect bulls to trade back up to 6180 going into it. 6115 - 6140 is neutral. Bearish only below 6100. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: Nope trade of the day: Selling since Globex or buying previous support 6115. Bears kept it below the 1h 20ema which had 3 great short opportunities today but bulls also had decent bounces off 6115.
CME_MINI:MES1!
by priceactiontds
2024-12-17 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr dax futures - Neutral. Third consecutive bear bar on the daily chart but the selling is weak. Bears barely push the market down and we are still 200 points above 20000. The bear channel held but chances are decent that it breaks tomorrow and we either go more sideways 20200 - 20400 or test 20500 again. comment: Bears made new lows, which is nice but the pullback is still minor on the daily chart. Anything below 20200 would surprise me and then we could see some acceleration down to 20000. Much more likely is a break of the bear trend line around 20300 and a retest of 20500+ current market cycle: bull trend but very late and will end soon key levels: 20000 - 20500 bull case: Bulls buying all the dips and it’s probably just a matter of time when the bears give up again. All bear bars below 20300 look weak and bears have tried 6 times now to break below the channel and have failed. Bullish targets for tomorrow are 20300, 20370 and then 20500. Invalidation is below 20200. bear case : Bears are trying but getting nowhere. Best they can hope for tomorrow is sideways between 20200 - 20300. How likely is it that Jpow grows some, tells the markets they are insane and no more rate cuts? Yeah. Invalidation is above 20600. short term: Neutral 20200 - 20300. Bullish above for 20400 or higher. Bearish below 20200 for 20000. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: None trade of the day: Buying the open and then selling at the bear trend line. The move down accelerated at a weird time and price, so I cut my profitable shorts too early. FML.
EUREX:FDXSZ2024
by priceactiontds
GBPCAD MODULEWe are focusing on the 4-hour time frame chart to analyze the potential moves and changes in GBP/CAD price. Based on my bias, I am expecting a sell in the market today. Let's see what kind of opportunity the market provides. It is very important to get confirmation before taking a trade, so always wait for confirmation. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis or prediction. #GBPCAD 4H Technical Analyze Expected Move.
Short
by TradeTacticsreal
GBPCHF is all set to continue its downward movement!The price is moving down within a descending channel. Right now, it bounced off the upper limit of the channel and hit a key weekly resistance. A candlestick pattern with a long upper wick and a small body has formed. Plus, the price has formed a triple top with lower highs. A short trade looks good based on price action and backed by volume analysis, which clearly shows a clear exhaustion of buyers. GBPCHF is moving towards the major volume activity price range around 1.12. On top of that, volume analysis backs this up, indicating that buyers are getting stronger and ready to push the price down. Time Frame: daily Idea support: - Price action - Volume Analysis - Trend analysis
Short
by luisca826
1
Renzo (REZ)REZ Analysis 🔹 Overall Status: After an initial drop, REZ coin has been fluctuating within a range box (yellow zone) between 0.03070 - 0.05034 and has recently broken above the upper limit of the box, moving upwards. Currently, the price is pulling back to this broken range zone. 🔹 Key Levels: 1️⃣ Support Levels: Bottom of the range box: 0.033 - 0.030 0.618 Fibonacci retracement: Current potential support area 2️⃣ Resistance Levels: Daily resistance zone (red): 0.065 Bullish Targets: First Target: 0.17279 - 0.21604 (1 Fibonacci level) Second Target: 0.40065 - 0.50092 (1.618 Fibonacci level) Third Target: 2.09323 - 2.61712 (2.618 Fibonacci level) 🔹 RSI and Entry Signals: RSI is currently in an ascending channel on the daily timeframe and is at the bottom of the channel, suggesting potential support and continuation of the uptrend. A move of RSI into the overbought zone, along with a breakout of key resistances, could signal a stronger entry point. 🔹 Scenarios: ✅ Bullish Scenario: If the price stabilizes above the 0.065 daily resistance (red) with increasing trading volume, a move towards Fibonacci targets becomes more probable. ⚠️ Bearish Scenario: If the price fails to stabilize above resistance, a correction towards the range box bottom (0.033 - 0.030) could occur. 🔹 Trading Volume: Monitoring the increase in volume when breaking the daily resistance is crucial, as it could signal a sharp move. 🔹 Conclusion: Safe Entry: After price stabilizes above the red resistance zone with increased volume. Risky Entry Zones: Near the range box support levels and 0.618 Fibonacci retracement. 📊 Confirmations: Breakout of daily resistance with high volume Support from RSI at the bottom of the ascending channel Reaction to Fibonacci levels 🔑 Recommendation: Always prioritize capital management. Set a stop-loss at the breakdown of the 0.030 support zone.
Long
by alizeynali69
2024-12-16 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. comment: Clear channel upwards and we will likely hit 110k over the next days. The channel is wide enough to trade in both directions. Once market breaks below the closes bull trend line and the 4h 20ema, a short is the much bitter trade from a r:r perspective. current market cycle: Still a bull trend as long as above 94000. key levels: 94000 - 110.000 bull case: Bulls got another strong move up that began last Tuesday. It’s pointing to my measured move target 110k and I highly doubt bulls can get it much above that. But I also have a tendency to underestimate these bubbles. We can clearly see two legs up already and a third could get us there. Invalidation is below 94000. bear case: Bears see the broad bull channel and selling new highs was profitable over the past 4 weeks. They see the next bull wedge which can break down over the next 2-3 days and they hope for another deep pullback to 98k or lower. Invalidation is above 110.000. short term: Bulls are in control but I have no interest in buying this. Once the bull wedge breaks down and we trade below the 4h 20ema, I will think about shorts for 98k-100k. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 over the weekend. current swing trade : Nope trade of the day: Shorting above 101k continues to be profitable.
CRYPTO:BTCUSD
by priceactiontds
1
2024-12-16 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well. comment: Another mind boggling rally with a strong break above 22000. Volume is atrocious but that does not matter one bit as long as we continue up. Market has now broken above at least 2 bigger patterns on my charts and every time a market does that, I expect it to fail, rather than to be the start of a new and stronger trend. current market cycle: bull trend but very late and will end soon key levels: 20000 - 20500 bull case : I got one more bullish target at 22400 but that’s it. We could reach it but I would be very cautious tomorrow and wait how much interest there is in buying above 22100 when the momentum fades. No more thoughts about this for now from a bullish perspective. It’s beyond overbought. Invalidation is below 21800. bear case: Many upper trend lines and breaks above them. Overbought conditions and low volume. All valid arguments but only price matters and that is going higher. 1h close below 21900 is needed for the bears. Before that I would not trust most selling attempts because it’s more likely they will become another bull flag and break to the upside again. I’d be very surprised if bears manage to get down to 21900 and close the gap. Invalidation is above 22200. short term: I’d rather look for shorts above 22100 than for more longs. Can go higher but it would do so without me. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 over the weekend. current swing trade : None trade of the day: Just balls to the walls long from us open or even Global for that matter. Unreal strength.
CME_MINI:MNQ1!
by priceactiontds
BDL - An update and a VSA Learning ExerciseThis is just a learning exercise. We had anticipated a good move from this stock. However, 1230 was the trigger point for the Up move Now let us do a bar to bar analysis. Refer the box marked “A”. We can see there was a sideways move or a consolidation happening. We can see the prices clustering together and the volume became low. It Indicated accumulation going on. Refer to the bar marked “B”. It is an up bar with increased volume. This bar was an indication that things are about to change. Refer to the Bar marked “C”. The next bar is a wide spread bar going past the trigger point, ending near the top. Also, we can see the volume increased volume indicating a high probable Breakout. And today's bar (marked “D’) opened up above the previous close. The bar did see some selling, but finally it overcame the selling and closed up. Of course, the spread was not, the spread was narrow indicating selling pressure still present. We can see the stock has started its up move and it is all supported by increased volume and the momentum. The price action momentum is also driven by volume and we can see increased relative strength. All that support further up move and the first obstacle we could see would be 1365, where we may see some more consolidation before further up move. This whole exercise is just for learning purpose.
NSE:BDLEducation
by karthikmarar
1