Sky is the limitInverse HS at the uptrend line. Nothing above, no resistance, just let it rip. SL under trendline but must be broken by a weekly candle. Maybe 150 would be a good TP or partial TP.
Trendtrading
Short AUDUSD! New Lower Low Formation and Breakout of Key LevelWe expect further downside on this pair, signalled by the formation of the new lower low which is a sign of bearish market structure. We can also see the breakout and retest of a key level which further supports our directional basis.
USDJPY:READY FOR THE BULL TO CONTINUE?!UJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for:
1) At least a 50% retracement and price coming into the daily fair value gap
2) A Liquidity sweep of previous days low
3) Market structure shift on the hourly and attack
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
Uptrend Channel pattern breakout in HCLTECHHCL TECHNOLOGIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Uptrend Channel Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1660+.
✅Can Go Long in this stock by placing a stop loss below 1595-.
Long Trade Opportunity on Bullish Gartley PatternFor those who are bullish on GBP and bearish on AUD, the suggested pair for trading and going long is GBPAUD.
The trader is looking to long GBPAUD on a Bullish Gartley Pattern that is expected to complete at 1.9261.
Emphasizing the importance of having a personal trade plan and trading accordingly.
What's your trade plan for GBPAUD?
Airbnb: Unlocking Unique Experiences and Soaring Stock PotentialNASDAQ:ABNB the biggest hotel company that owns no hotels (funny how things work eyyy) has underperformed since its IPO in 2021.
We are finally starting to see its stock price catch up with its value. As more people travel and seek unique local experiences, the demand for Airbnb's platform is bound to grow in leaps.
Strong Financials: The company is highly profitable which is rare among tech companies, posting +4 Billion in Q3 2023.
Innovation: The company recently launched a new service called "Airbnb Experiences," which allows travelers to book unique experiences in the destinations they visit. This new service has the potential to drive further growth for the company.
Technical Analysis: The stock price is facing a significant resistance at $151, and a breakthrough could lead to substantial upward movement. I'll be monitoring this closely for an attractive entry point.
Meta TradeBeen in a bull trend for some time, and doesn't look like a situation where you want to sell. Earnings coming out, but they have been only positive in the recent past so a go with the flow type of trade . In a bull trend like this, you don't want to go against it.
Trends heading into the FOMC Rate DecisionOverheated market trends showing a bull market is basically my findings. I have not held into positions, long or short, going into this last surge. I had a relatively promising month in January and decided I would just end it on that note.
Trends into today are;
Last Macro Trend Signal Spots (ES Contract)
30m - 4925 Downtrend (1/31/2024) Lower Low
1Hr - 4933 Downtrend (1/31/2024) Higher Low
2Hr - 4925 Downtrend (1/31/2024) Higher Low
3Hr - 4954 Uptrend (1/29/2024) Higher High
4Hr - 4829 Uptrend (1/19/2024) Higher High
6Hr - 4797 Uptrend (1/8/2024) Higher High
12Hr - 4848 Uptrend (1/19/2024) Higher High
Daily - 4378 Uptrend (11/3/2023) Higher High
Weekly - 4769 Uptrend (12/11/2023) Higher High
As explained, that 30m is showing the first sign of weakness for this surge to come back at all.
Additionally, I read a report with Dow Jones Newswires that most of the insider trading lately has been little to no buying and lots of selling. Basically that means that members with stocks in their own companies are taking profits and not investing further into their company. I wouldn't take this as a sign that they think their company is in trouble, but more as a sign that they feel their stocks are overvalued and it is profitable to sell now and repurchase later.
Economic Data today is going to the FED Meeting Minutes and the subsequent statement by Jerome Powell. I don't foresee, nor does the market, of any interest rate movement today.
Geopolitical tensions continue to worsen in the Middle East. The latest is a Drone strike in Jordan that killed 3 US Servicemembers. I've been very surprised that the market has not priced in any sort of issues coming from the Israel/Hamas conflict or any of the tensions and skirmish fighting in the surrounding area.
Overall, I see a huge threat to potential inflationary pressure disrupting this upward movement in the long term. Not some sort of pressure that would take us to a surge in inflation back to 9% like we were, but certainly not allowing us to reach a 2% target rate and having some minor upward movement instead of continuing the downtrend we have seen over the last year.
Overall, my sentiment is fairly neutral. While I had held a bullish sentiment with spots of bearish profit taking before, I see overall a neutral movement from here, as my estimate for our top over this year was to be 5000 and we've almost reached that already.
power mechwell-known company
EPC project
The Indian government plans to invest in projects
this stocks leads in this counts
cup with handle patten breakout
stock at a lifetime high
Ripple(XRP): Inside Bullish Trend!Ripple is still trading and bouncing inside the bullish trend here. We recently had a nice liquidity movement to lower zones, which is currently showing some kind of recovery.
We, as always, are looking for potential good zones to enter with positions both long and short!! Waiting for confirmation before entering
PNC - Looks good for a swing trade of 10%The stock has been consolidating for 4 weeks and now looks ready to move out of the zone.
This can be inferred from Price action, volume, RSI.
Lower time frame RSI also supports an entry at 55 range.
One can hold for a target of 61.
Where is BTC going?As we can see BTC has moved down to our previous target of 40500 and tapped the fill of the imbalance and the average volume line (blue line between the 2 green)
now the price has shifted structure and ideally i would like us to tap the zone above and continue the push down, however if the price does decide to continue the bullish momentum, then 51100 would be an upside target
GJ Trend Continuation BreakdownMonthly, Weekly, Daily, 4H = BULLISH
- Monthly Engulfing
- Daily Engulfing
- 1H & 4H Flag Pattern Breakout
- Break and Retest of Pattern Currently
~Still a few days left of January to complete the Monthly Engulfing.
~GBP Major News on Feb 1st (Thursday)- Monetary Policy News
~All Higher and Mid time frames line up with bullish trend along with bullish continuation pattern breakout.
Expecting continuation in Feb to Monthly Resistance Zone of 193.500 to 195.000.
💡 EURUSD: Forecast January 15After breaking the bottom of 1,085, the selling pressure was not maintained, the buying force returned strongly and pushed the price beyond the downtrend line. Although there is still no clear bullish reversal signal, it can be seen that the buying side is strengthening through the frequency and size of bullish candlesticks. You should temporarily stop trading at this time, need to wait for clearer signals.
💡 EURUSD: Forecast January 26After breaking the short-term downtrend line, the buyers were unable to maintain the pressure and the sellers returned later, currently the price is being forced down to the resistance area of 1,082, a continuous change in buying and selling pressure. This shows that the two sides are struggling fiercely in this area without creating any really clear signals. You temporarily stop trading, pay attention to the boundaries of the range, the direction of the breakout can reveal the next direction of the price.
💡 XAUUSD: Retest the lower resistance zoneA sharp interest rate cut by the Federal Reserve will have a negative impact on the US dollar, and even a moderate loosening policy can cause the US dollar to decline. If economic activity and inflation are lower than expected, the Federal Reserve could reduce interest rates. A strong USD is unlikely to return, and gold prices may continue to fluctuate amid clues about the FED's first interest rate cut.
We can see gold retreated after failing to recover and running near the 48-hour moving average on the H4 chart. In addition, the MACD double line and the energy column hover around the zero axis. If central banks maintain a common view that interest rate cuts will be implemented as soon as possible, this could put pressure on gold from yield perspective. Currently, the SELL strategy can be applied, requiring stop loss.
💡 XAUUSD: The decline slowed down after the GDP newsANALYSIS TODAY: The decline has slowed down and the gold price has recovered slightly in the past session. This move has not brought any significant change, so we continue to keep the old comments, expecting the price to continue to go down. According to the short-term downtrend, the targets are still 2000 and 1980 respectively.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
EURJPY - READY FOR THE BULL TO CONTINUE?!EJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
USDJPY: LONG LONG LONG ALL DAYUJ has some amazing bullish momentum behind it- and I am looking to continue to ride this trend and long it!
I am waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for market structure shift on the hourly and attack!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
💡 EURUSD: Forecast January 23ANALYSIS TODAY: EURUSD slipped slightly in the past session and there have been no significant new signals, the price is still maintained below the short-term downtrend line, and the recent accumulation moves of the price reflect that sellers may are accumulating and waiting for a new price push so the outlook is still bearish. Please pay attention to the support level at 1,085. If it is broken, the downward momentum could quickly expand to the 1,070-75 area. If you still have a short position, you can continue to hold the order.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
💡 XAUUSD: Strong selling pressureANALYSIS TODAY: Retested the 2040 resistance zone in the last session but the selling pressure returned once again. Currently, the price is still in the short-term down channel so the assessment has not changed, continuing to expect the price to go down in the short term. , the targets are around 2000 and 1980 respectively.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
💡 XAUUSD: Breaking 2040 failedANALYSIS TODAY: After failing to break the 2040 level, the price slid back down in the last session, the price is still in the down channel so the general expectation is still bearish for gold, the short-term target will be the 2000 level respectively. and 1980, these comments will only change when the price can break the current short-term falling channel line on H4.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
EURUSD: GET READY TO SHORT SOON!:DWe got a confirmed bearish trend for EU on 4H. MASSIVE BEARISH MOMENTUM
Now looking for trend continuation to take a short trade.
Waiting for at least a 50% retracement and price coming into the daily fair value gap (this is a must for my system!)- then we look for a market structure shift on the hourly and attack!
This is looking like a very yummy short!
Follow and Stay tuned my friends ;)
