Oil: Time to Short? WTI Set to Plunge Over 10%Hey Realistic Traders, Is Oil About to Crash? Let’s Dive In....
What's the cause of sudden drop in oil prices?
U.S. President Donald Trump has pledged strong support for the oil and gas industry, aiming to streamline permits, boost domestic production, and expand drilling on federal lands. He has also criticized renewable energy subsidies and pushed for increased natural gas exports.
Aligned with Trump’s stance, the U.S. Energy Information Administration (EIA) has raised its 2023 oil production forecast to 13.23 million barrels per day, surpassing last year’s record of 12.93 million. Global output is also expected to increase, while weaker oil demand from China, driven by slowing economic growth, adds further downward pressure.
These policies and projections support the assumption of lower oil prices ahead
How much further could they decline?, Let's analyze it using technical analysis!
On the daily timeframe, TVC:USOIL is in a bearish continuation phase, potentially entering wave 3 of the trend. It has also broken out of a head-and-shoulders pattern that developed over the past 60+ days, signaling the end of a consolidation phase.
This breakout, paired with a bearish marubozu candlestick, strengthens the case for a continued downtrend. Adding to this, the MACD indicator has confirmed a bearish crossover, providing further confirmation of downward momentum.
With these signals aligned, we project a potential drop toward the first target of $60.51, and possibly even further to the secondary target of $57.80
This outlook remains valid as long as the price holds above the stop-loss level at $73.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Oil.
Signals
ICXUSDT Long Setup Setting / Am I going to let you lose?BINANCE:ICXUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Right now AND
Second Entry = Yellow zone: 0.2057 - 0.194
⚡️TP:
0.2170
0.2262
0.2396
🔴SL:
0.1893
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
USOIL Is Going Up! Buy!
Here is our detailed technical review for USOIL.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 68.12.
Considering the today's price action, probabilities will be high to see a movement to 71.74.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Fantom / FTM analysisFtm pumped almost 300% since Andre Cronje back as vice president of memes at the fantom foundation!
FTM has been one of the best performing tokens of 2023, pulling off a series of impressive gains in the last few weeks the price of Fantom is $0.54 today with a 24hour trading volume of 650 million dollar. This represents a 15% price increase in the last 24 hours and a 170% price increase in the past 30 days.
Blockchain platform Fantom plans to introduce version 2 of its fusd stablecoin to provide a more predictable and budget-friendly system for builders, partners and users, developers said in a post over the weekend. They didn't give a timeline for the release.the new version will allow the stakeholders to allocate fees in either fantom or fUSD and to predict future costs based on usage, the developers said. It will allow programmers to build additional institutional products for users and provide a more consistent system for planning and budgeting for grants. while ftm has been on an upward trend since the first week of the year, its price rally in the last week can be attributed to Fantom’s recent integration with the Axelar Network.on Jan. 24, the Fantom Foundation announced a partnership with Axelar, which will introduce interchain communication to the Fantom Network.
since we published our first ftm chart and hit all targets (100% gain) its time to look at the chart again and set new targets. ftm successfully broke ascending triangle and broke 0.29 and 0.31 resistance as well. next targets for ftm is 0.65, 0.75 and 0.8$
what do you think about ftm price ? bullish , bearish or apish!?
GOLD increased thanks to the weakening of the USDOANDA:XAUUSD rose, boosted by the weakening of the USD and safe-haven demand due to concerns about persistent geopolitical tensions. Despite recovering in the final trading session of the week, gold still recorded its worst month of performance since September 2023.
The US Dollar Index fell to its lowest in more than two weeks, but was still up 2% in November as Republican Donald Trump's victory earlier this month boosted expectations of big fiscal spending. , higher tariffs and tighter borders.
This month, gold prices have fallen more than 3%, the worst monthly decline since September last year. After Mr. Trump's victory, the USD continuously increased in price and triggered a strong sell-off in the gold market.
OANDA:XAUUSD forecast
Geopolitical instability is still increasing, gold prices may still increase in the near future. Gold is often considered a safe investment in times of economic and geopolitical instability such as trade tensions or conflict.
The new administration's policies in the US can impact economies, causing the central bank to increase gold reserves. This prompted a sharp increase in gold trading by central banks. This is the group that bought the most gold on the market recently.
BCA Research recommends buying gold when prices fall due to long-term prospects. Gold is a commodity that benefits from the policies of the new administration in the US. Increased global policy uncertainty will support gold buying demand.
EUR/USD: Facing Resistance - Breakout or Rebound?The EUR/USD 4-hour chart shows that the price is trading just below the 34 and 89 EMAs, which is creating a clear resistance around the 1.05800 area. The Euro has been trying to break above this area, but has failed in recent sessions, indicating indecision in the market.
The price is currently showing a cautious approach, and a break above the 89 EMA would need further confirmation from strong volume to ensure that this is not just a false breakout. A failure to break above would likely see the price fall back below the EMAs and towards the lower support around 1.05000.
However, if EUR/USD succeeds in breaking and sustaining above the 1.05800 level, this could signal a new bullish trend, with the next target likely being the 1.06000 area and higher.
VISA flashing a short-term sell signal.Visa Inc. (V) has been one of our most accurate recent stock predictions (August 29, see chart below), as it is about to complete the buy signal we gave on the Channel's bottom to a +27.36% rise and hit our $320.00 Target:
Needless to say, if you took that call, evaluate your options as the profit is already enormous. Moving forward, specifically zooming in on the 1D time-frame, we can see that Visa is flashing its first sell signal in a while.
The price isn't only almost at the top of the 2-year Channel Up but more importantly, the 1D MACD has completed a Cup sequence on a Bearish Cross, similar to all early corrections at the start of this Channel.
As you can see all MACD Bearish Crosses were followed by pull-backs of similar size with the minimum being -7.30%.
As a result, we can expect the stock to hit and even break below the 1D MA50 (blue trend-line) at $295.00 (-7.30% decline), which would be also near the 0.382 Fibonacci retracement level (similar to the December 22 2022 Low).
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EURCAD Strong medium-term buy opportunity.The EURCAD pair gave us an excellent sell signal last time (September 12, see chart below) that easily hit our 1.46550 Target:
This time we have a confirmed bottom just a week ago on the 0.786 Channel Fibonacci level, similar to the June 08 2023 bottom, both accompanied by a 1D MACD Bullish Cross.
As a result, we turn bullish on this pair targeting 1.5000, which is just below the 0.236 Channel Fib, similar to the July 18 2023 High.
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Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Cream / UsdtBINANCE:CREAMUSDT
🚨 **$CREAM on Binance - A Hidden Gem?** 🚨
🚀 **Chart Analysis**: If you’re looking for an unpumped coin with huge potential, check out $CREAM! The chart is looking **beautiful**—we’re seeing a **falling wedge** formation, followed by a **breakout** and a **retest**. This kind of pattern usually signals a bullish reversal!
🔑 **Why $CREAM?**
- The **falling wedge** is a classic bullish pattern, and the retest of the breakout level looks solid.
- **Volume** has been steady, and the price action is showing signs of upward momentum.
- It’s still **undervalued** with plenty of room to move if the breakout continues.
💡 **Opportunity**: If you believe in technicals and are on the lookout for **undervalued**, "unpumped" coins, $CREAM might be the one to keep an eye on. But as always, make sure to do your own research and trade wisely!
Disclaimer: Not Financial Advice
Lingrid | GOLD holds STEADY above the SWAP zoneOANDA:XAUUSD price action suggests that the market has shown resilience around the support level at 2620, which has been tested multiple times and has consistently rejected attempts to push lower, creating long-tailed bars that indicate buyers stepping in. This level acts as swap zone where the buyers seem to have regained control. On the daily timeframe, the price briefly dipped below the previous daily low by taking liquidity before bouncing back higher. It's important to note that the price is still trading within the previous week's range. Currently, as the market is bouncing between the top and bottom of the range, the failure to break below the support level at 2620 suggests that buyers may attempt to retest the resistance areas. My goal is resistance zone around 2679
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
ETHEREUM Is it copying Bitcoin's 2014/17 Cycle towards $50k???Ethereum (ETHUSD) hasn't yet made a new All Time High (ATH), in contrast to Bitcoin (BTCUSD) but that isn't necessarily a negative development as it can highlight its enormous upside potential.
** ETH 2022/25 vs BTC 2014/17 **
A idea that strengthens this notion is today's analysis where you see ETH's current (2022 - 2025) Cycle against BTC's 2014 - 2017. As you can see so far the two Cycle's have been very similar with Ethereum replicating both the Bear Cycle and so far the majority of Bitcoin's past Bull Cycle.
** The Phases **
For more efficient comparison purposes, we have classified the Cycle in phases with the start being the bottom formation (Green Phase) below the 1W MA200 (orange trend-line) and within the 0.236 - 0.0 Fibonacci Zone. That gives way to the 1st rally (Blue Phase) within the 0.5 - 0.236 Fib with the 1W MA50 (blue trend-line) established as the Support. What follows is the 2nd Rally (Orange Phase) within the 0.786 - 0.5 Fib Zone and consolidation.
** October Bullish Cross and $50k?? **
The October 1W MACD Bullish Cross (Oct 2016 for BTC, Oct 2024 for ETH) signals the transition to the final stage (Yellow Phase) of the Bull Cycle, the Parabolic Rally to new ATH. For Bitcoin that peaked near the 2.382 Fibonacci extension. If that seems unrealistic for Ethereum's price today (the 2.382 Fib is just above $50k!!) in terms of market cap (and rightly so) just consider the impact that the ETFs' capital inflows have on the market. It remains to be seen, but nonetheless, ETH has enormous upside from here onwards and we're sure that even a +100% rally from the current price would be welcomed by the majority of the market.
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Trader’s Health: Preventing Common Issues for Long-Term Success👋 Dear traders,
Forex trading is exhilarating, but let’s face it: it’s also demanding. Spending long hours analyzing charts, managing trades, and navigating the stress of the markets can take a toll on your health.
While many focus solely on profits, few realize that your greatest asset as a trader isn’t your capital—it’s your health. A sharp mind and a healthy body are essential to make sound decisions and sustain long-term success in this volatile field.
In this article, we’ll explore common health challenges traders face and how to prevent them with simple, effective strategies.
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⚡ The Health Challenges Traders Face
1. Sedentary Lifestyle 🪑
Traders often sit for hours at a time, glued to their screens. Prolonged sitting increases the risk of obesity, heart disease, and poor posture.
2. Eye Strain👀
Staring at charts all day can lead to digital eye strain, causing discomfort, headaches, and blurred vision.
3. Sleep Deprivation 💤
Forex operates 24/5, tempting traders to stay up late or wake up early. Over time, this disrupts your sleep cycle, affecting focus, mood, and overall health.
4. Stress and Anxiety 😟
The unpredictability of the markets can be mentally draining. Constantly managing risks and losses can lead to chronic stress or even burnout.
5. Poor Nutrition 🍔
Rushing to manage trades often leads traders to opt for quick, unhealthy meals or skip eating altogether, which can impact energy levels and cognitive function.
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💡 How to Stay Healthy as a Trader
1. Move Regularly 🚶♂️
- Take breaks every hour: Stand up, stretch, or walk around to keep your body active.
- Incorporate exercise: Aim for at least 30 minutes of physical activity daily, such as jogging, yoga, or strength training.
2. Protect Your Eyes 🕶️
- Follow the 20-20-20 rule: Every 20 minutes, look at something 20 feet away for 20 seconds.
- Adjust screen settings: Use blue light filters and adjust screen brightness to reduce strain.
3. Prioritize Sleep 🛏️
- Set a schedule: Stick to a consistent bedtime and wake-up time, even if the market calls.
- Create a sleep-friendly environment: Avoid screens before bed, keep your room dark, and invest in a comfortable mattress.
4. Manage Stress 🧘♀️
- Practice mindfulness: Techniques like meditation or deep breathing can help you stay calm and focused.
- Keep a trading journal: Writing down your thoughts and emotions can help you identify stress triggers and find solutions.
5. Eat for Performance 🥗
- Plan balanced meals: Include protein, healthy fats, and complex carbs to maintain steady energy levels.
- Stay hydrated: Drink plenty of water throughout the day to avoid fatigue.
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🎯 A Holistic Approach to Trading Success
Healthy traders make better decisions. When your mind is clear, your body energized, and your stress levels managed, you’re in the best position to analyze markets and act decisively. Remember, no profit is worth sacrificing your health for.
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Thank you for taking the time to prioritize your well-being by reading this article. Remember: **Your health is your wealth.** A thriving body and mind are the foundation of lasting success in trading and life.
Take care of yourself—because a healthier you means a more successful trader. Wishing you wellness and winning trades! 🚀
Lingrid | GBPCHF sideways MOVEMENT. Short OpportunityThe price perfectly fulfilled my last idea. FX:GBPCHF is currently moving sideways, oscillating between key support and resistance zones. The price is testing a strong resistance zone at 1.12000, which has proven significant, as the market has previously bounced off this level twice. Additionally, the market has approached the channel boundary, which acts like a trendline. Given these factors, I believe the market will continue its sideways movement, and I expect the price to fall toward the bottom of the consolidation zone. My goal is support zone around 1.11500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Geopolitical risks pushed GOLD to increase rapidly in the short In the early trading session on Asian markets on Friday (November 29), OANDA:XAUUSD Spot rose suddenly and rapidly from the intraday low of $2,633 and headed into a key technical position for technical downside expectations. Impacted by escalating tensions in Ukraine.
Russia launches joint attack, Putin "speaks tough"
While Israel and Lebanon have reached a 60-day ceasefire agreement, this will essentially create pressure on gold as market risks become less. However, the escalation in the Russia-Ukraine conflict may continue to keep gold prices stable above 2,600 USD/ounce in the near future.
The latest Reuters report on Friday said that Russian President Vladimir Putin on Thursday local time said Russia could use the new "Hazel" hypersonic missile to attack Kiev in response to Ukraine's missile launch. Western fire penetrated deep into Russian territory.
So far in the 33-month war, Russia has not yet attacked Ukrainian ministries, government agencies, parliament or the presidential office.
Putin said on Thursday that Russia's large-scale attack on Ukraine was a "response" to Ukraine's use of Western missile systems to attack Russian territory.
Earlier in the day, Ukraine reported that energy facilities across Ukraine were being attacked by Russian armed forces.
Ukraine's Air Force said Thursday that Russia launched a joint attack on Ukraine using missiles and drones starting early that morning. Most regions in Western Ukraine are under attack, especially Ternopil, Lviv, Lutsk, Vinnitsa, Khmelnytsky and others.
Ukrainian President Zelensky said on the social platform on Thursday that he had a conversation with the Air Force commander, the Minister of Internal Affairs and the Minister of Energy that day about the Russian attack. Mr. Zelensky said that the target of Russia's attack this time is Ukraine's energy infrastructure. Russia launched about 100 attack drones and more than 90 missiles of all types.
In the current market context, traders need to pay attention to geopolitical conflicts, their escalation or reduction will have a sudden impact on gold in the short term.
Analysis of technical prospects for OANDA:XAUUSD
Gold recovered from the 0.618% Fibonacci retracement level but is temporarily limited by the 0.50% Fibonacci retracement level and the EMA21 moving average.
In the short term, Gold can still decrease in price as long as it has not broken the medium-term trend price channel. In the immediate future, gold does not have enough conditions to increase in price in the short term, but a drop below the 0.618% Fibonacci retracement level will cause gold to fall further with the goal of reaching the original price point of 2,600 USD.
However, geopolitical risks are dominating the market, so any purely technical structure could be broken quite easily during this time. The $2,693 level will be the next target in case the 0.50% Fibonacci level is broken above.
The market is very volatile in the short term, so long-term open positions will be less effective, and notable technical levels for the medium-term bearish outlook from the price channel on the daily chart will be seen. noticed again as follows.
Support: 2,644 – 2,634USD
Resistance: 2,663 – 2,693USD
SELL XAUUSD PRICE 2686 - 2684⚡️
↠↠ Stoploss 2690
→Take Profit 1 2679
↨
→Take Profit 2 2674
BUY XAUUSD PRICE 2579 - 2581⚡️
↠↠ Stoploss 2575
→Take Profit 1 2586
↨
→Take Profit 2 2591