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Trend Analysis

USDCAD, Is 1.47 available ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family. let's go for USDCAD analysis: for upcoming weeks, we'll probably see a downward correction to Specified level at first and then it will start another Rally. so with a proper trigger we can open a short position at first and after that a long position with TP around 1.4700. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
by aminrzb
1
EURUSD's downward trend remains unchanged. EURUSD's downward trend remains unchanged. The previous hourly trend touched the bottom support of the downward channel at 1.035 and rebounded. After four rebounds, the price reached the upper edge of the channel. If this position is broken, it will be strong in the short term. Follow-up test above the trend channel. The short-term rebound trend presents an ascending triangle structure, with the support of 1.04 below. If this position is broken, the trend will return to the hourly downward channel, and the price will return to the bearish trend again, and the downward space will be further expanded. It is expected to test the early 1.035 and 1.02 in the future. Overall, EURUSD rebounded for the fourth time and fell back under pressure. If you continue to go long near the resistance level above, there is a risk of falling back. It is more stable to participate in the long position layout after the price breaks the hourly downward channel. Short positions can be participated after falling back and breaking 1.04, and aggressive ones can participate near 1.044.
by RonPeter_Trading
1
Ethereum: Triangle Consolidation with Potential Breakout Targetswhat happened: Double Top Formation: A bearish reversal pattern is marked, showing two peaks at similar levels. After completing the pattern, the price dropped sharply to meet the "target of double top" near $3,150. Now: Symmetrical Triangle: The price is consolidating in a symmetrical triangle pattern. This pattern is typically neutral and indicates potential breakout opportunities, either upwards or downwards. Resistance Levels: $3,550: This is the horizontal resistance line formed by the upper boundary of the triangle and previous consolidation highs. $3,870: The "target of triangle" is projected upon a potential bullish breakout, calculated by measuring the height of the triangle. Support Levels: $3,320: Immediate support is found near the ascending trendline forming the triangle's lower boundary. $3,150: Previous support zone after the completion of the double top. Price Projection: Bullish Scenario: If the price breaks above $3,550, the next target is $3,870, aligning with the triangle breakout target. A continuation of the uptrend could follow as higher lows are forming. Bearish Scenario: If the price breaks below $3,320, the next support is near $3,150. A further decline could lead to retesting $2,960 or lower. ____________________________ Current Outlook: The price is moving sideways within the triangle, reflecting a phase of indecision. Traders should watch for a breakout above or below the triangle to confirm the next trend direction.
Long
by melikatrader94
2
Bitcoin Post-Halving Shockwave: Why 2025 Could Still See a Mega Now that the much-anticipated 2024 halving is in the rearview, the big question is: Will Bitcoin continue its explosive post-halving trend? My long-term chart analysis suggests that BTC remains on track for a powerful rally—if certain key support zones hold and historical patterns play out. Here’s what I’m seeing: Post-Halving Volatility We’ve already witnessed a surge in volatility around the 2024 halving date (which occurred earlier this year). Historically, halvings have often propelled multi-month bull markets, though they don’t always ignite immediately. Keep an eye on the next few quarters for signs of a prolonged uptrend. Mature Ascending Channel Since 2017 The broad rising channel (outlined on the chart) has been a reliable guidepost. Multiple touchpoints along its upper and lower boundaries highlight how BTC has respected this structure for years. As long as price remains within this channel, the long-term bullish bias stays intact. Critical Support Zones (S1, S2, S3) I’ve identified major horizontal levels where strong buying pressure has historically emerged. If the market corrects from current levels, these supports could offer prime “buy the dip” opportunities—or serve as warnings if they fail to hold. 2025 Outlook If previous cycles are any indication, we may see a continued grind upwards heading into 2025. Bitcoin’s supply dynamics, combined with growing institutional interest, support the potential for a high-volatility, high-upside environment. However, it’s essential to stay flexible and keep tabs on macro factors. Bottom Line: The halving has come and gone, but its after-effects may just be warming up. Whether you’re bullish or bearish, always back your technical analysis with robust risk management. What are your thoughts on Bitcoin’s post-halving trajectory? Let me know in the comments below!
BITSTAMP:BTCUSDLong
by daniellalasa
1
GBPUSD Analysis: Anticipated Decline from Key Selling ZonesOn the H4 timeframe, GBPUSD is currently approaching identified selling zones, specifically Zone 1 at 1.2614 and Zone 2 at 1.2660. Anticipation is for a downward price movement initiating from either of these zones. Projected price targets include: Target Price 1 at 1.2447, expected to be reached within the forthcoming week. Target Price 2 at 1.2301. We will continue to monitor and update the chart dynamically as price action evolves.
Short
by coolbouy
1
Introducing the Safe Risk Advisor SystemIntroducing the Safe Risk Advisor System: Combining Fundamentals and Technicals for Long-Term Success Hello, fellow traders and investors! I’ve been part of the trading world for several years and have honed my approach to focus on "Weekly Trend Following" and medium-to-long-term investments, rather than the more common short-term strategies. My goal is to share insights from my unique system, the Safe Risk Advisor System , which combines the best of fundamental analysis and technical analysis (Elliott Wave Theory) to identify high-quality investment opportunities. Key Features of the Safe Risk Advisor System Sector Analysis: Objective: Identify sectors likely to outperform the S&P 500 over a medium-term horizon (several months). Method: Using Elliott Wave Theory, I pinpoint sectors in confirmed upward trends. Traffic Light System: Example Application: I’ve applied this approach to the technology sector and would love to share charts and insights to demonstrate its practical use. Stock Selection: Fundamental Analysis: Inspired by the principles in the book Valuation, I use fundamental ratios to identify high-quality stocks with long-term growth potential. Elliott Wave Theory: Helps avoid premature investments during downtrends. Guides entry timing based on impulsive wave patterns (1, 2, 3, 4, 5). Wave 5 serves as a signal to reduce exposure and seek new opportunities. Risk Management with ATR Channels: ATR Channels play a vital role in identifying trend strength and managing risk effectively. Why Follow My Insights? If you’re interested in strategies that blend long-term vision with the precision of technical tools, my system might offer you a fresh perspective. I’ll be sharing regular updates, including sector analyses and actionable ideas, designed to empower traders and investors with a focus on sustainable trends. What’s Next? I’m currently writing an eBook that outlines the Safe Risk Advisor System in detail. My ambition is to bridge the gap between fundamental and technical analysis to create a comprehensive guide for long-term investors. Follow me for more updates, and let’s explore opportunities in the market together! Happy trading! 🚀 Carlos Resendes
AMEX:XLKLong
by caresendes
1
Gold Analysis==>>Falling Soon!!!🎄First of all, I want to wish everyone a Merry Christmas , I wish you all the best moments . As I expected , Gold ( OANDA:XAUUSD ) reached the upper area of ​​the Resistance zone($2,642-$2,620) . Gold is moving in the Resistance zone($2,642-$2,620) , near the 50_EMA(Daily) . (It has also succeeded in breaking the Uptrend line ). According to the theory of Elliott waves , it seems that Gold has successfully completed the Double Three Correction(WXY) in the Ascending Channel . Also, Regular Divergence(RD-) between Consecutive Peaks . I expect Gold to attack the lower line of the ascending channel AFTER breaking the Support line . ⚠️Note: If Gold breaks the 50_EMA(Daily) and Resistance zone($2,642-$2,620), we should expect Gold to rise further.⚠️ 🔔Be sure to follow the updated ideas.🔔 Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDShort
by pejman_zwin
3
Bearish Momentum with Key Levels: Technical Analysis UpdateTechnical Analysis The price exhibits bearish momentum as long as it trades below 21,535 and 21,620. This indicates a bearish zone targeting 21,390. A 4-hour or 1-hour candle closing below 21,390 could lead to a further drop toward 21,215. To confirm a bullish trend, a 4-hour candle must close above 21,630. Key Levels: Pivot Point: 21530 Resistance Levels: 21620, 21760, 21900 Support Levels: 21400, 21215, 20990 Trend Outlook: Consolidation: Between 21,535 and 21,395 Bearish Momentum: Below 21,535 and 21,630
OANDA:NAS100USDShort
by SroshMayi
TslaFirst Weekly chart Weekly candles here says a reversal is on the way back down Shooting star followed by a long leg doji.. But that's not even the worst.. Monthly candle is completely extended outside it Bbands.. it wasn't even this extended in 2020- 2021.. When you see technicals this extended , one bad news story comes out and a 15-20% correction can come fast. We all know ELON has attached his future and the immediate future of his company to the incoming presidency. But I just want to focus on the technicals... Car sales are this upcoming week And depending what the numbers are I think TSLA can see either 330 or 500.. 414 is a crucial area.. that's the Previous ATH and the 20ma.. below that and we are looking at a double top back to the 50ma or 330.. like I said technically price should pullback to 330 and that would put price back inside monthly Bbands.. But let's say price rallies and pushes up to 500 , I still wouldn't linger long, I don't think we make it out of January with a flush back below 400
NASDAQ:TSLAShort
by ContraryTrader
1
AUDUSD, What will hapen in upcoming weeks ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family. let's go for AUDUSD analysis: for upcoming weeks, we'll probably see an upward correction to Specified level at first and then it will start another fall. so with a proper trigger we can open a short position. And finally tell me what do you think ? UP or DOWN ? leave your comment below this post. If this post was helpful to you, please like it and share it with your friend. THANKS.
Short
by aminrzb
1
BANKNIFTY : Trading levels and plan for 30-Dec-2024Trading Plan for Bank Nifty - 30-Dec-2024 Intro: Review of Previous Plan (27-Dec-2024) In the last trading plan, we emphasized the importance of the No Trade Zone (51,259–51,343) , Opening Resistance (51,569) , and Opening Support at 51,096 . The market respected the highlighted zones, consolidating within the Yellow sideways trend for most of the session. A late-session attempt to test the Resistance for sideways at 51,958 faced rejection, aligning with our bearish expectations. Key Color Codes in the Plan: Yellow Trend: Sideways Green Trend: Bullish Red Trend: Bearish Trading Plan for 30-Dec-2024: Scenario 1: Gap-Up Opening (200+ points above 51,550) If Bank Nifty opens above 51,550 , the market could enter a bullish trajectory targeting the Resistance for sideways at 51,958–52,070 . Wait for a retest of the Opening Resistance zone (51,569) . If the zone holds and the price shows a bullish breakout with volume, initiate a long trade targeting 52,070 . Place a stop-loss below 51,450 to manage risk. If resistance is not broken, observe rejection patterns like bearish engulfing candles, and consider a short trade with a target of 51,343 . Scenario 2: Flat Opening (51,250–51,350) A flat opening signals consolidation around the No Trade Zone (51,259–51,343) . Avoid aggressive trades within this zone. Wait for a decisive breakout or breakdown. A breakout above 51,343 signals bullish momentum towards 51,569 . Look for confirmation via candle closing above the breakout level before entering long positions . Conversely, a breakdown below 51,259 could lead to a test of the Opening Support at 51,096 . Initiate a short position if the breakdown holds, with a stop-loss above 51,350 . Scenario 3: Gap-Down Opening (200+ points below 51,050) A gap-down below 51,050 may indicate strong bearish sentiment, testing the Opening Buyers Zone at 50,664 . Observe for reversal patterns (e.g., bullish engulfing or hammer candles) at 50,664 . If confirmed, initiate a long trade targeting 51,096 . If the support breaks, prepare for extended bearish moves towards 50,400 . Enter short trades on confirmation with a stop-loss above 50,750 . Risk Management Tips for Options Trading: Use spreads (e.g., bull call spreads or bear put spreads) to cap losses in high volatility conditions. Avoid trading out-of-the-money options as they decay rapidly, especially during sideways trends. Trade with no more than 2% of your total capital per position. Monitor the market for IV changes, especially during gap openings, to adjust your option strategy. Summary and Conclusion: The plan is designed to capture potential breakouts and breakdowns while maintaining discipline in No Trade Zones. Focus on the identified key levels to avoid overtrading. Stick to defined stop-loss levels and maintain a favorable risk-reward ratio in all trades. Disclaimer: I am not a SEBI-registered analyst. All views are for educational purposes only. Traders are advised to do their analysis or consult with a financial advisor before making trading decisions.
NSE:BANKNIFTYLong
by LiveTradingBox
1
Gold rebounded as expected. Did you follow me to buy gold?Bros, as I mentioned in my previous article, if gold continues to narrow its fluctuations during the downtrend, it is highly likely to find support again in the 2610-2605 zone, followed by a rebound. Currently, gold is performing exactly as I anticipated—after touching 2609 twice, it successfully halted the decline and has since rebounded, with gold currently trading around 2617. Based on the current structure of gold, it is fully capable of attempting another push toward the 2620-2630 region. If the upward momentum continues strongly, a breakout above the 2635 level could trigger a further attempt to reach the 2640-2650 zone. I have already executed long positions near 2611 and 2610, in line with my trading strategy, and I am currently sitting on a relatively good profit. Let’s see how far this rebound can take gold! Bros, have you followed my lead and gone long on gold? If you want to learn more detailed trading strategies and receive additional trade signals, you can join the channel at the bottom of the article. Let’s make trading easier and turning profits into a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
1