AUDJPY moving downwards.Rejected +/- 4 times daily open (not having strength to reach it), + rejected NY High.
From JPY 98.00 - 96.900\800
To try and recover the 2 imbalanced candles on the 15M TF
Note: Risky Trade as RSI is also on the 50% line
I am thinking that the mean reversion is in play. IMO, not financial advise.
Supply and Demand
Key Nasdaq Levels After a Volatile Week: Long or Short?Join us for a detailed analysis of Nasdaq futures on Friday, December 20, 2024, as the market reacts to a week of high volatility. With deep corrections and strong movements, here’s what you’ll gain from today’s video:
📈 Long Opportunities: Zones like 21,100–21,200 and key mitigation levels for potential rebounds toward 21,400.
📉 Short Setups: Critical areas like 21,380–21,400 and strategies for taking advantage of bearish momentum below 21,000.
📊 Market Insights: Context on the week's volatility, including the impact of interest rate announcements and possible market trends going into the weekend.
This video is ideal for traders looking for actionable insights to navigate a volatile market and position themselves effectively.
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GBPAUD: Strong Resistance in Play – What’s Next?Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NQ Power Range Report with FIB Ext - 12/20/2024 SessionCME_MINI:NQH2025
- PR High: 21429.25
- PR Low: 21363.00
- NZ Spread: 148.25
Key scheduled economic events:
08:30 | Core PCE Price Index (YoY|MoM)
Value decline continues below daily Keltner avg cloud
- QQQ gap filled
- Maintaining vols since FOMC triggered selling
- Next key pivot, 20920 zone from Nov 27
Session Open Stats (As of 12:40 AM 12/20)
- Weekend Gap: N/A
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 345.51
- Volume: 51K
- Open Int: 237K
- Trend Grade: Bull
- From BA ATH: -5.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
A sad week for GOLD, a happy week to tradeBehold gold, approaching the lowest support from gold's current range, we are eyeing to long a quick 16 win to loss ratio of this asset. This bounce is expected to occur within a matter of hours hoping to take profit at the target or just trail the stop loss while moving up.
We are currently on a great support to bounce off off but I believe the lowest for the week is not yet printed.
If we go up from here, i will be looking for a short setup
But for now, I will be waiting for this level.
Short trade
Day - Structure
1Hr entry
Pair NZDUSD
Sellside
Mon 16th Dec 24
LND to NY Session AM
8.00 am (NY time)
Entry 0.57716
Profit level 0.55994 (2.98%)
Stop level 0.58005 (0.50%)
RR 5.96
Reason: Price seems to be printing sell-side delivery, intending to balance out the price range and complete the cycle, chasing buy-side liquidity, in my humble opinion.
L TRADE This trade was based on previous HIGHEST HIGH and past LOWEST LOW my strategy consist of support and resistance areas as you can see this chart was an L I didn't take in consideration that the overall chart was bearish that's why its all ways good to start from DAILY and work yourself down to the 5 MINUTE for the entry... at least from my ENTRY CHECKLIST !! This is what happens when you get greddy and don't look at the overall charts this is something to truly remarkable for a NEWBIE hope you all learned from this > God Bless.
QQQ Sell to $497-501 Weekly Resistance for Buying opportunity A 52 week high was made on Monday, December 16 at $539 on QQQ . The fed Powell released the news he’s cutting rates by a quarter of a percent which caused the market to plummet ,Banks also manipulating the market to get into these buying opportunities. We are currently failing to break above 520 , also struggling to fully break below 515 . We will continue to sell down once we pass 515 . Looking at my chart on the weekly timeframe appears is 501-497 is the actual resistance that we are heading to now. It may look like 515 is the resistance, but in all actuality, it does not appear to be a Stronger demand zone than 500 to 497. Once we get here, look for buying opportunities at the new year will bring in New yearly, highs, and new yearly lows. For now, we should be in puts to $500.
AES Corporation - Short term view with strong supportSo first of all both price and indicators are confirming the downtrend.
Today NYSE:AES opened with a gap succeeding yesterday's equilibrium in price with doji candles.
The price is still in the middle of the regression line and in the next few days the price don't seems to be close to upper 2 SD.
In the print above the yellow line shows the support at $11.43. The image's time horizon starts at the end of 2006.
Furthermore looking at short ratio available online the value is about 2,7 from mid October as well as more than 22M short interest
Nasdaq Futures Rebound or More Decline? Key Levels and StrategieDive into today's analysis of Nasdaq futures for Thursday, December 19, 2024. After yesterday’s significant 1,000+ point drop following interest rate announcements, we assess whether the market will rebound or continue its decline. Here's what you'll discover:
📉 Short Strategies: Key levels like 21,620 and 21,540, with setups to capitalize on continued bearish momentum.
📈 Long Opportunities: Critical zones for potential recoveries, such as 21,700 and 21,870, targeting a resumption of the rally.
📊 Market Context: Insight into yesterday’s drop and its implications for both intraday and longer-term trends.
If you’re looking for actionable insights and high-probability setups in a volatile market, this video is for you. Learn how to react to price movements and position yourself effectively.
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