GBPJPY Analysis And Next Market MovePair Name = GBPJPY
Timeframe = D1
Analysis = technical + fundamentals
Trend = Bullish
Details :-
GBPJPY is exactly on the way as predicted. Getting a good bounce from this trend line support. Already 600 Pips + gain. Here we can see small retesting and after that again it will give us a gain UpTo 500 Pips + . Currently a small retesting period because JPY is getting stronger
Bullish Target:-
203.000
204.000
Community ideas
nifty 50NSE:NIFTY
WAIT and Watch!
Could be Tricky!!!!!
lets see, Fingers crossed.
Note :
1. One should go long with a StopLoss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
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Support and Like incase the idea works for you.
Gold Market Update: Imbalance Liquidation Targets $2620–$2580Gold continues to align with the imbalance liquidation between $2620 and $2580. The recent prominent support at $2605 is under pressure; if it fails to hold, further sweeps around $2619 could occur. The bearish momentum remains intact, aiming to secure weekly demands below the $2600 level.yall should stay cautious, hedge along, and prepare for potential volatility as the market seeks equilibrium. follow for more insights comment and boost idea
EURUSD- Triple bottom and Bullish divergenceChart pattern- Triple bottom
EUR/USD has once again gained after hitting a low of 1.03425. It hit an intraday high of 1.03980 and is currently trading around 1.03863.
It is good to buy on dips around the 1.0378-80 mark, with a stop-loss at 1.03370 and a target price of 1.0500 for potential gains.
Long trade
1Hr TF entry
Buyside trade
Mon 16th Dec
LND to Ny Session AM
8.00 am
Entry 1.49665
Profit level 1.51248 (1.06%)
Stop level 1.49231 (0.29%)
RR 3.65
Reason: Overview of the 1Hr TF we buyside momentum indicates buyside pressure since Mon 16th Dec 24, and narrative based on supply and demand for directional bias.
When is altcoinseason?
I think altcoinseason is getting closer.
We have to follow the trend line, the dominant one has already reached a sensitive area, it may go up a little more, even up to 66%, who knows, maybe even a little more, but when the trend line breaks, that's when we'll have the first serious signs from the start of altcoinseason.
It is quite difficult to reach the 70% area because the market in general has matured and matures from cycle to cycle.
near/usdtin my opinion, near and all crypto market will fall and I think the entire crypto market will fall, because btc.d is rising up.
And also the policy of the US government is to cover the budget deficit and the depreciation of the dollar from the pockets of the people as usual.
That is why they increased the price of Bitcoin so that more money enters the market
When more money enters the market, they reduce the price and collect their profits.
In general, the Bitcoin market will be bearish for now and until the dominance of Bitcoin falls, altcoins will be in a disastrous situation
Because when Bitcoin was $64,000 three years ago, altcoins were at their historical ceiling, but now, even though Bitcoin has exceeded $100,000, they are spending at the bottom of 2020
this is why BTC dropped from a technical standpoint this is what I see:
BTC is testing the biggest challenge which is the YEARLY top trendline so it can be tough to break
the PULLBACK can be painful for investors if btc cant break this zone (especially alts)
But if and when btc finally breaks that, it will be huge and we might not see btc below that trendline again in the future
only time will tell
USDCAD Is Still BullishAfter the USDCAD had recently risen significantly, the exchange rate is now correcting. This healthy movement offers us the opportunity to enter a new long position in the bullish order block. The momentum in USDCAD is clearly pointing upwards in the medium to long term and retailer sentiment is decidedly bearish, which suggests a further bullish impulse.
A bearish order block just below the recent highs would be a good price target for a long trade.
SRF Good to rally up if holds above 2355 on daily chartNSE:SRF has broken out of a downtrend with strong buying momentum. The breakout indicates a potential upward move.
- The price has decisively crossed the trendline, confirming bullish sentiment.
- Increasing volume on the breakout confirms participation by buyers.
Entry Point: Around 2,325 INR (current level or on slight pullback).
Stop-Loss: 2,220 INR (below recent swing low).
Targets:
Target 1: 2,500 INR.
Target 2: 2,625 INR.
Monitor the price action closely for sustained momentum above the breakout zone.
🔴 Disclaimer - Not a Buy/Sell Recommendation.
TrendX Institute of Technical Analysis
(A Unit of Candlestick Institute OPC Pvt Ltd.)
GSTIN NO. - 07AALCC8499B1ZA
USDJPY: Multi-Time-Frame OutlookHello Traders,
A weekly close above 159.00 strengthens the bullish outlook for the next 3 to 4 months.
Conversely, a break and close below 154.50 on the daily timeframe suggests a possible decline towards 148.00.
Currently, we anticipate a rebound from the 156.77-156.40 zone.
However, a solid close below 156.40 and a break of the ascending channel would increase the likelihood of a drop to 155.50.
Buy gold, there is still a chance to rebound to 2640Bros, gold has fallen sharply due to the hawkish rate cut, and the lowest has reached around 2584, and then rebounded; just now, gold touched around 2687 during the second decline, and then rebounded to above 2690, showing signs of building a W double bottom in the structure.
Although the rebound of gold is relatively weak, the downward space is gradually converging. I was optimistic that gold would continue to fall to around 2670, but at present, since gold has signs of forming a W double bottom structure, after consuming a certain amount of short energy, once the W double bottom structure is successfully built, gold may still rebound to 2640 again.
So in trading, I think it is best not to continue to chase short gold in short-term trading. We can go long on gold with the 2590-2580 area as the support area, and the defense position is 2570. So in short-term trading, I am currently more inclined to go long on gold.
Bros, are you as optimistic about the gold rebound as I am? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Gold Next Week Timeframe :
D1 trendline broke
H4 Bullish eng
H1 Bullish eng + FVG
D1 trendline has broken the down trendline, H4 has bullish engulfing at demand zone, H1 has also bullish engulfing and Fair Value Gap (FVG).
Entry :
According to H1 TF, entry point is 2643 at the area of FVG and Bullish engulfing.
Stop loss 2630 and Target is 2723.
Its possible to achieve target next week in FOMC.
Upside price movement Can start in Hdfc Life insurance According to Elliott wave analysis, Price is all set to start its wave 3 till 1000rs first target.
Fundamentals are supporting its technicals so its perfect time to buy in price range 620 to 650
Date 20 dec 2024
1=Balance sheet- good, 3 on 3
2= a= sales, profit- increasing, highest this year
b= employee & staff expense- increasing
c= interest- 0
d= profit before and after tax- highest
3= Investor - fii/dii are there, public has only 6%
4=Credit Rating = AAA
5= General details
a= Market cap=1,33,600cr
b= pe=79 ,median pe= 91, industry pe=53.4
c= ROCE=6.6 , ROE=11.4 , Debt = no
Amazing Fundamentals.
BTC/USD: Selling Opportunity EmergesBTC/USD: Selling Opportunity Emerges
A prime selling opportunity has arisen in the BTC/USD market. The recent breakdown of the rising wedge pattern has confirmed a bearish trend reversal.
Key Points:
- Rising wedge breakdown confirms bearish trend reversal
- Support levels breached, validating the downtrend
- Potential target at $95,000
- Selling opportunity emerges as price action aligns with bearish trend
Best wishes Tom 😎