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Dogs: Knows its boundries.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! If it can hold this level and move up to break and flip these other levels. Elliott wave side, it looks like a ZZ up which would call for the lows to be taken. The last move up from 0.0009941, which was an option from my last update looks like a 3 wave move so there is a super bullish alternative here, a running flat. But the Price Action here has alot to prove. 0.0011732 is a strong resistance. 0.0011184 is the fisrt obsticle for bulls. 0.0010609 is displaying as support atm, a break and it could turn into resistance. 0.0009941 has been holding as strong support. Bulls do not want to see no more than a sweep of that level. Breaking the pivot low, could just be a sweep but the Elliott wave would have to be reconfigured. Trade Safe, Trade Clarity.
Long
by CryptoKnee
Herding CatIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ideally it needs to stay above 0.000030662. On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO. 0.000028937 is the final level I would want to see it fall beneath. Trade Safe, Trade Clarity.
Long
by CryptoKnee
EURUSD Analysis Week 38🌐Fundamental Analysis EUR/USD returned to the 1.1100 level on Friday, before market forces once again weighed on the Euro and sent Fiber back to its opening price. The pair failed to make a near-term technical recovery as traders turned their attention to the Federal Reserve’s upcoming interest rate call next week. The European Central Bank (ECB) cut its benchmark interest rate, the deposit facility, by 25 basis points (bps) to 3.5% as expected. The ECB also cut the rate on its marginal lending facility and main refinancing operations by 60 bps. In her post-meeting press conference, ECB President Christine Lagarde refrained from hinting at the timing of the next rate cut. While the ECB event failed to boost the Euro, renewed selling pressure around the US Dollar (USD) helped the EUR/USD pair gain. On an annual basis, the US Producer Price Index (PPI) rose 1.7% in August, down from 2.1% in July and below market expectations of 1.8%. The probability of the Federal Reserve cutting interest rates by 50 basis points in September rose above 40% following the data, according to CME's FedWatch Tool, triggering a sell-off in the USD. 🕯Technical Analysis After peaking around 1.110, a short-term downtrend channel has formed, the support of the downtrend channel remains at around 1.099 and 1.093. These two key support levels will keep the pair stable in the trend. On the other hand, if this short-term downtrend is broken, the 1.115 area will be a key resistance before looking to last month's high around 1.119. 📈📉Trading Signals SELL EURUSD zone 1.114-1.116 Stoploss 1.118 BUY EURUSD zone 1.099-1.097 Stoploss 1.095
by TVS-Trader
INVESTMENT IDEA - PAGE INDUSTRIESPage Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals. Reasons are listed below : Technical strengths : The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects. The formation of a hammer candlestick pattern on the weekly chart signals a potential reversal from a downtrend, indicating buyer support at lower price levels. Finding support at the 0.5 Fibonacci retracement level suggests a healthy correction within an overall uptrend, reinforcing investor confidence. Page Industries' stock price is supported by the 200 Exponential Moving Average (EMA) on the weekly timeframe, highlighting its stability even during market fluctuations. Fundamental Strengths: With well-established brands like Jockey and Speedo, Page Industries maintains a competitive edge and market leadership. Consistent revenue growth and profitability underscore the company's financial health and prudent management. Strategic partnerships and expansion efforts enhance Page Industries' market presence and growth prospects. Page Industries' focus on product quality, innovation, and customer satisfaction ensures its offerings remain relevant and competitive. Target - 43000 // 53000 // 67000 Stoploss - monthly close below 27000
NSE:PAGEINDLong
by Visionary_Growth_Insights
2
Do not trade if you do not have high probability XAUUSDIt’s not just about the thrill of nailing a setup and making profits. It’s also about recognizing when an asset has you emotionally trapped, even when there’s no solid argument for your position. Here’s a lesson from my own experience: After making a huge trade on gold ( ) , I became fixated on the idea that it would keep falling, completely ignoring the market structure. This blinded me to the obvious bullish signals the market was giving. Here are the 7 bullish arguments for gold that I overlooked in my post-trade euphoria: Monthly PCH disrespected Weekly FVG respected Weekly Swing Low respected Daily Swing Low respected Daily FVG respected Bearish 4H FVG disrespected 4H Swing Low respected Not a single bearish argument in sight—a full 100% probability that the price would rise, and indeed it did. 🚨 Lesson learned: Being a profitable trader isn’t just about technical analysis. It’s about mastering your emotions, understanding market structure, and managing your risk. Stay humble, stay disciplined.
OANDA:XAUUSD
by Jaytradermb
HFCL Ltd. Resistance Rejection Sell Setup - 5:1 Risk-Reward Rati Description: This setup on HFCL Ltd. demonstrates a resistance rejection pattern with a focus on high-probability sell trades. The steps in this trade idea are as follows: Candle Identification: We start by identifying a candle that has closed above the all-time high. Candle Confirmation: The next two candles should close below each other, confirming a resistance level. Resistance Confirmation: The continued closing of candles below resistance indicates strength in the rejection of this level. Sell Execution: A sell trade is initiated as per the strategy, with a stop-loss placed at 160.00 and a risk-reward ratio of 5:1. The target for this trade is set at ₹139, and the stop-loss is placed at ₹160. This setup provides a clear framework for executing trades with proper risk management.
NSE:HFCLShort
by rg739847
3
GOLD Trend-pullback Buy Off S&RI had a really good entry for this GOLD buy, but unfortunately, I decided to move my stop loss too soon after seeing the sell reaction from the top of the range (Previous High). If I had not moved my stops, the price would have reached my target, even though I exited with almost half of the profits on this trade. Price has made new all-time highs, which was expected, but I was skeptical of holding on because we had quite a few impactful news that would have affected USD strength and hence GOLD strength.
OANDA:XAUUSDLong
by vinkulavi
Gold Price Analysis September 13Fundamental Analysis Gold prices maintained modest intraday gains heading into the European session on Friday and are currently hovering near the $2,565-2,570 region, or record highs. A softer-than-expected US Producer Price Index (PPI) report released on Thursday provided further evidence of easing inflation and raised expectations of a larger rate cut from the Federal Reserve (Fed) next week. This was reinforced by a fresh drop in US Treasury yields, which dragged the US dollar (USD) to its lowest in more than a week and continued to act as a bullish driver for the non-yielding yellow metal. In addition, persistent geopolitical risks stemming from ongoing conflicts in the Middle East and the protracted war between Russia and Ukraine also provided additional support for safe-haven gold. This, in turn, confirms the overnight breakout through a multi-week trading range and supports the outlook for a short-term bullish move. Technical Analysis Profit-taking by some investors at the end of the Asian session pushed the price to 2563 and continued to push it up when the European session entered. Today's scenario is that gold retreats to the 2560 zone and does not break this zone until the middle of the European session, so we can buy back to the target zone of 2574-2580. In the direction of breaking through the 2560 zone, we will not sell retest but wait for the BUY zones of 2555 and 2545. BUY signals can hold TP far away at the present time because gold can completely create ATH in the near future Price zones to pay attention to according to the scenario: 2555-2545-2560-2575-2580.
OANDA:XAUUSD
by TVS-Trader
2024-09-12 - priceactiontds - daily update - sp500Good Evening and I hope you are well. tl;dr Indexes - Strong follow through by the bulls after another nasty bear trap. On lower time frames we got some sell spikes but mostly due to bulls taking profits and not strong bears shorting. Bullish price action can’t be denied and on the daily charts we are moving closer to the shallow bear trend lines from the ath and we are mostly inside triangles. Daily charts tell the story and it’s bullish so we can’t expect a strong bear reversal tomorrow. sp500 e-mini futures comment: Triangle is still my preferred pattern for now. Tomorrow we could see 5640 but anything above is uncertain. At that level I would get out of most longs. Currently I don’t have any interest in selling, since we have seen many bear traps. Today bears could not close a 1h bar below the 20ema, so look how market behaves if we get there again tomorrow. Buy on strength and don’t get fooled into shorts on strong selling. It was strong but disappeared in an instance and bulls melted higher again. current market cycle: t rading range and also minor bull trend inside since we are making higher lows and higher highs key levels: 5400 -5650 bull case: Bulls bought 5550 until bears gave up. The selling around the open was strong enough to trap many bears and that’s why the move up was so violent again. Bulls are in full control until we make lower lows again. Targets above are obvious. Next one is open of the month + high of the month around 5670 and above that is the ath 5721. Last time we got above 5600, market did go sideways for 10 days and this time we could see a breakout above or below somewhat faster. Invalidation is below 5540. bear case: Bears tried to keep it below 5580 but since they could not close below the 1h for 3h, they gave up and market moved up in a perfect small pullback bull trend which held above the 1m 20ema for an hour and 35 points. So what’s next for bears? Do or die moment around 5650 to keep it a lower high. If they fail, we most likely print a new ath. Rough guess is that bears won’t try to close the week with a red bar but just keep it below 5670. Invalidation is above 5670. short term: Max bullishness as long as the 1h 20ema is not broken and until we hit 5650/5660. I’d close longs there on any weakness and probably won’t do anything until next week. medium-long term - Update from 2024-09-01: Very much like my outlook in dax. Trading range on the daily chart and we are at the highs. We could make higher ones or not. Does not matter much. I expect 5000 to be hit again in 2024. current swing trade: Only intraday scalps currently. Still think next 500 points are made to the downside and not up. trade of the day: Buying the bear trap on the US open was as perfect of a trade as it gets.
CME_MINI:MES1!Long
by priceactiontds
2024-09-12 - priceactiontds - daily update - goldGood Evening and I hope you are well. tl;dr Gold - There it is. Another break above, which was expected more than bears breaking below 2500. Bulls want 2600 and I expect more profit taking and more sideways movement at that level. No interest in selling it. gold comment: New ath, which I have been writing about for many weeks now on the premise that as long as bears could not even break below 2500, there was no alternative to being bullish. The breakout was a matter of when and not if. Market refused to close below the daily ema for 5 days despite touching it 4 times. That’s strong bulls scaling into longs. What’s next? We are at the top of the bull channel and every time market made a new high, bulls took bigger profits. Will this time be different? I doubt it. Can bulls break above the bull channel for much higher prices? Doubt that too. Will look for weakness and scalp some shorts tomorrow. current market cycle: bull trend key levels: 2500 - 2600 bull case: Bulls want 2600 and somewhat above to run stops. Nothing unexpected. I highly doubt that have bigger interest in printing much higher than 2600, given the previous sell offs after new ath. 15m 20ema was not touched on the whole move up, so look for longs once we get there before we hit 2600. Invalidation is below 2550. bear case: Bears gave up above 2560 and I can’t see them coming around big time below 2600 so don’t waste energy on looking for shorts until it’s clear that bulls have no interest in buying anymore. Bears need a break of the 15m and 1h ema to begin with. Invalidation is above 2610. short term: Bullish for 2600 and then only interested in shorts again. medium-long term: Will update on the weekend. Bulls are clearly much stronger than most expected. Market refuses to go down. current swing trade: None trade of the day : If in doubt, zoom out. 1h chart showed only strength since Globex. Buy anywhere and make money.
COMEX_MINI:MGC1!Long
by priceactiontds
XAUUSD | Short from Resistance or NEW All Time High ? Everyone's favourite precious metal has been in a near month long range zone for the last few weeks following a surge to the all time high level of $2,532 and a range low of $2,471 in where gold has been stuck in consolidation even with Non Farm Payroll which failed to break this strong range zone. Most recently we have seen a large bullish surge in momentum that has driven gold from $2,484 to the now resistance topside of the range at $2,536 where it is likely to see another fractal pivot bring price back into the range however that being said with todays upcoming USD releases for the CPI + Inflation Rate traders are anticipating if this could be the day we break the topside and push for another all time high which could be likely but as always is a 50/50 gamble on such red flag events. Price action wise I will be aiming for the short range from $2,515 - $2,502 with a continuation of the range likely for the next 2 weeks, but as per any high impact news day I will be looking closely at the market structure and volume during these events whilst utilising correct risk management and preferable being out of my trades before and seeing where suitable entries lie following such events. What are your thoughts ? Let me know in the comments below :)
BLACKBULL:XAUUSDShort
by OfficialKieranTrewick
How I Use Multi Timeframe Analysis to Capture LARGE Price SwingsDISCLAIMER: This is not trade advice. Trading involves real risk. Do your own due diligence. TUTORIAL: Today, I demonstrate the thought process and mechanical steps I take when trading my Multi-Timeframe strategy. We take a look at US Treasuries, which have offers a classic lesson in how to apply this approach. As you will see, throughout the year, this approach took some losses prior to getting involved in the "real" move which we anticipated. No strategy is perfect, and I do not purport this to be perfect. It is a rules based and effective way to read price. This strategy is great for people who don't have a lot of time to spend at the charts. I would classify this more as an "investing" strategy when utilizing the 12M-2W-12H timeframe. If you have questions about anything in this video, feel free to shoot me a message. I hope you have all had a great week so far. Good Luck & Good Trading.
CBOT:ZF1!Education
by Tradius_Trades
3
2024-09-11 - priceactiontds - daily update - nasdaqGood Evening and I hope you are well. tl;dr Indexes - What a bear trap that was. Many decent double bottoms and then straight up melting. Many markets did not even touch the 3m 20ema on the move up. Bulls took full control again imo and I expect the highs to be retested, if not broken. SP500 the strongest of the ones I trade. Very very low chance of this being a bull trap after a bear trap and we reverse hard tomorrow but at this point of the chop, I won’t rule anything out. nasdaq e-mini futures comment: I try to stick to the only important pattern for me right now. Huge triangle, fits the unclear and erratic direction of the current price action. 19600 will likely be tested again because bulls just bought too strongly today. I’d be surprised if we break above 19700 though. If we do, no reason not to print 20000 or a new ath. current market cycle: trading range - triangle on the daily chart key levels: 18300 - 19800 bull case: Bulls trapped many bears today and printed a nasty reversal. I think most bears already gave up and we are free to trade to at least 19600. Problem with longs is the stop. Right now you would have to do 18600 and that’s just dumb. So should you wait for a pullback? Yes. Invalidation is below 18900. bear case: Do bears have any arguments until 19600? I don’t think so. There is a minor trend line running 19300ish but its weak. The bigger trend line from the ath is more likely and there I expect more resistance from the bears. If bears somehow manage to drop it below 18900 again, market is probably neutral again. Invalidation is above 19300. short term: max bullish for 19600, if bulls come around again tomorrow. Would like to see a pullback to the 1h or at least 15m ema. medium-long term: This climactic blow off top is/was the grand finale of this bull trend. Perfect break above multiple patterns which I expect is a bull trap and we will test the various support lines next before the new bear trend will unfold over the next 3-9 months. —unchanged since 2024-06 current swing trade : Nope. trade of the day: Buying 18600 was profitable since Monday.
CME_MINI:MNQ1!Long
by priceactiontds
2024-09-11 - priceactiontds - daily update - daxGood Evening and I hope you are well. tl;dr Indexes - What a bear trap that was. Many decent double bottoms and then straight up melting. Many markets did not even touch the 3m 20ema on the move up. Bulls took full control again imo and I expect the highs to be retested, if not broken. SP500 the strongest of the ones I trade. Very very low chance of this being a bull trap after a bear trap and we reverse hard tomorrow but at this point of the chop, I won’t rule anything out. dax futures comment: Dax is not looking that strong like the sp500 does. Technically it’s currently just a two legged pullback to the daily ema and odds still favor the bears for another leg down. If the bulls break above 18550, that changes and bulls are favored to trade back to 18800 and above. Very important day tomorrow. current market cycle: trading range until either 18550 or 18200 broken key levels: 18200 - 18550 bull case: Strong reversal after the double bottom around 18220 today. If bulls generate follow through above 18550 tomorrow, many bears could give up and we see an acceleration upwards. Invalidation is below 18400 (not sure about the invalidation level as of now). bear case: Bears need a bit of a miracle tomorrow to prevent the bulls from breaking above 18550. The bear channel is gone and the 4h ema too. What arguments do bears have? Well, the current price action is wild in both directions. Since Friday we are in a 400ish point trading range. Technically, on the daily chart, it’s still just a two legged pullback to the daily ema and bears could try to get another leg down, I just highly doubt those arguments are better than the bullish ones. Invalidation is above 18550. short term : I wait for the breakout above given price. Bears would need to trade below 18400 before I think about shorts again. 18500 is a bad spot to enter new positions. medium-long term - Update from 2024-09-01: 4 Months left in 2024 and I do think the market is in a trading range where the upper area is around 19000 and the lower area is probably 17000 or 16000 if something bigger comes up. Since we are at the very top, I expect the market to go some sideways before trying to go down again. Next 2000 Points will be made to the downside but it’s too early to short this. current swing trade: None. trade of the day : Short near the 4h ema was once again a very good trade. Buying the double bottom bar 4 Tuesday and bar 4 today.
EUREX:FDXSU2024
by priceactiontds
BTC: Impulse or ImposterIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! I'm bullish on CRYPTOCAP:BTC on the 1-hour chart as long as price action continues to print higher lows and higher highs. The current Elliott wave structure still looks intact. A breakdown below 56122 would lean toward the Zigzag pattern being complete. However, if 56122 holds, there's a good chance we could see a move closer to 60K. Trade Safe, Trade Clarity.
COINBASE:BTCUSDLong
by CryptoKnee
Dogs: Reaction to invisible fencesIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Dogs looks ok as long as it stays above 0.0009941. It's followed my paths down a played off of my levels down, which remain reactive. The price action is still printing lower highs and lower lows. A 3-wave move down to the last pivot suggests the correction may not be over yet. For the bullish case to strengthen, the move up needs to stay intact, no break of the low, and break 0.0011390 to challenge the current Elliott wave outlook. Trade Safe, Trade Clarity.
Long
by CryptoKnee
2