Metro Brands Ltd Swing tradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Trend Lines
From Decline to Opportunity: Total3 Poised for RecoveryAfter breaking below the critical $1.04T support level yesterday, Total3 experienced a sharp decline, finding its footing at a key horizontal support level.
This drop coincided with many altcoins also reaching their respective support zones. For traders, this presented an attractive opportunity to enter the market at more favorable prices, effectively halting the downward momentum.
Currently, the chart shows a promising reversal forming. As long as this horizontal support level holds, there is a strong likelihood of continued upward movement, potentially paving the way for a new all-time high.
EURUSD SELL 1.0450On the 4-hour chart, EURUSD broke down and moved downward, with an obvious bearish trend. At present, attention can be paid to the resistance near 1.0450. If the rebound is blocked, short selling can be considered. If the price falls below the support near 1.033, it will move to the support near 1.027.
Havells Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
XAUUSD Head And Shoulders PatternOn the 15-minute gold chart, a Head and Shoulders pattern is forming. If this pattern completes, the price could experience a significant drop, potentially reaching the $2638 level.
"Market fluctuations in the final month of the year, especially in the commodity market, are very low due to liquidity shortages. Therefore, trading during this period is highly risky. Use reasonable trade volumes and do not trade without setting stop-loss and take-profit levels."
OANDA:XAUUSD
the effectiveness of Staying with the Trend...Can you see, How buying *Only when the Lines are Blue; Short-Selling *Only* when the Lines are Orange, Would have been an Effective Strategy?
Can you See how going-against the Trend would have been costly endeavor the first six blocks or so, and again, in the September drop, Mid-Screen?
I don't know about You, but I say "Buy in BLUE." not exactly Rocket Science : : )
-You don't Even have to know much about Stocks....
BTC Dominance Breakdown? Bearish Setup Ahead!Analysis: 📉
BTC.D is trading within an ascending channel, currently at the upper resistance line (~58.4%). A potential bearish setup is forming, indicating a decline toward the lower channel support and a possible breakout downward. Targets can be set within the shaded support zone
Key Levels:
Resistance: ~58.4%
Support: ~55% (critical zone for consolidation)
Channel Breakdown Target: ~54%
Ascending Channel:
The price is trending within an ascending channel, marked by parallel resistance and support lines.
The chart suggests the price has recently touched the upper resistance of the channel.
Bearish Divergence Projection:
The shaded horizontal box towards the bottom represents a critical support area around the 55% dominance level.
then
The current level (~58.35%) is identified as a possible resistance, reinforcing the bearish outlook.
🚨Risk/Reward: Attractive if the price confirms the breakdown. Watch for volume and price action around the lower channel support for continuation or reversal signals.
Disclaimer: Not financial advice. Trade with proper risk management.
GBPUSD InsightHello, subscribers!
I hope you’re all doing well. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The Federal Reserve cut rates by 25 basis points during the December FOMC meeting.
- Through the dot plot, the Fed hinted at a total of 50 basis points of rate cuts next year.
- Fed Chair Jerome Powell mentioned during the press conference that the Fed’s policy stance is now significantly less restrictive and that it may be more cautious when considering further adjustments to the policy rate.
- Markets interpreted the Fed’s rate cut as reluctant and viewed it as extremely hawkish.
- The BOJ and BOE are set to announce their rate decisions today, with expectations of no changes.
Key Economic Indicators
+ December 19: BOJ rate decision, BOE rate decision
+ December 20: U.S. November Personal Consumption Expenditures (PCE) Price Index
GBP/USD Chart Analysis
The dollar’s strength, influenced by the Fed’s hawkish stance, has led to a steep decline in GBP/USD. The pair has broken below the 1.26000 level, signaling a potential further drop toward the 1.25000 level. In the short term, additional declines are possible, and if GBP/USD falls below 1.25000, the pair may extend its losses to 1.23000. However, if a rebound occurs at the 1.25000 level, a rise toward 1.27000 could be expected.
$DOGEHello Shibs, hope you still HODL Dogecoin. Thi the accumulation part, market correcting itself for another run. Bitcoin also down today, keep that in mind. A crucial support level I’m looking at is .35 to close above in the daily. If that breaks buckle up, and HODL.
Dogecoin was recently attacked, and hacked. “Exploited a vulnerability called “DogeReaper” crashing 69% of nodes. A fix was quickly deployed, and network’s functionality was not severely impacted.” Which makes me to believe a lot of people are panic selling. How could you sell DOGE? It’s literally the Department of Goverment Effeciency!!
Anyways, don’t panic sell. DOGE TO DA MOON!
AUDNZD strong bullish expectations
AUDNZD pair which I am watching last 5 months, other my analysis on AUDNZD are attached, plus I am attach and CADCHF analysis its interesting to look, its almost same based on SYMMETRICAL TRIANGL.
AUDNZD price is make bounce on trend line, its break upper trend line-SYMMETRICAL TRIANGL, plus CHANNEL on 4h TF is visible and its also breaked.
Technicalls on medium and long term are strong bullish, when take all this parameters i am here still bullish.
SUP zone: 1.09200
RES zone: 1.11500, 1.12400
Price Retest Scenarios and Key Levels for Trend ConfirmationTechnical Analysis
The price has surged to a new historic high. It is now expected to retest 21900. A confirmed 4-hour candle close below 21900 will indicate a bearish move toward 21770.
On the other hand, if the price stabilizes above 22120 with a confirmed 1-hour candle close, it will support a bullish trend toward 22230.
Key Levels:
Pivot Point: 22120
Resistance Levels: 22230, 22400, 22510
Support Levels: 21900, 21770, 21620
Trend Outlook:
- Bearish Momentum with stability below 22120
- Bullish Momentum by stability above 22120
NZDUSD SHORTMarket structure bearish on HTFs 3
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
H4 Candlestick rejection
Rejection from Previous structure
Levels 5.99
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Grinch drop, Santa popSPY is at it's 2 year trend channel resistance level. There's very little upside reward left. There's a greater downside risk. The Grinch may try to steal Christmas with a temporary SPY drop towards support. But then a Santa Claus rally will pop SPY back up to it's resistance level.
SPY 2 year trend channel levels:
resistance = 605
pivot = 585
support = 565
trade ideas:
1) collar strategy
hold 100 shares
sell 585 call
buy 605 put
2) buy 605 put
3) short call spread
sell 585 call
buy 605 call
4) long put spread
buy 605 put
sell 585 put
SPY options data:
12/6/24 expiry
Put Volume Total 219,329
Call Volume Total 125,297
Put/Call Volume Ratio 1.75
Put Open Interest Total 750,130
Call Open Interest Total 233,054
Put/Call Open Interest Ratio 3.22
12/13/24 expiry
Put Volume Total 69,042
Call Volume Total 43,893
Put/Call Volume Ratio 1.57
Put Open Interest Total 317,687
Call Open Interest Total 228,869
Put/Call Open Interest Ratio 1.39
12/20/24 expiry
Put Volume Total 336,702
Call Volume Total 139,171
Put/Call Volume Ratio 2.42
Put Open Interest Total 3,273,537
Call Open Interest Total 1,426,800
Put/Call Open Interest Ratio 2.29
12/27/24 expiry
Put Volume Total 13,062
Call Volume Total 14,931
Put/Call Volume Ratio 0.87
Put Open Interest Total 72,224
Call Open Interest Total 59,538
Put/Call Open Interest Ratio 1.21
1/17/25 LEAPS
Put Volume Total 191,268
Call Volume Total 63,574
Put/Call Volume Ratio 3.01
Put Open Interest Total 2,376,812
Call Open Interest Total 855,976
Put/Call Open Interest Ratio 2.78
XauUsd- New leg down towards 2610 support?In my Friday analysis, I highlighted that while the 2660-2665 zone is a technical support, it is too obvious and very likely to fall.
This prediction came true as the week closed with Gold trading below this level, forming a strongly bearish daily candle.
Additionally, a Pin Bar from the 2700+ resistance zone appeared on the weekly chart, reinforcing the bearish outlook.
During the Asian session last night, the price tested the ascending trendline, and as of now, Gold is trading at 2656, hinting at a potential rebound following the 800-pip drop from its recent peak.
Looking ahead, if a deeper rebound occurs, the 2680 zone will be a key level for bears to monitor. This area presents an ideal shorting opportunity given its favorable risk-to-reward setup.
At the moment, I’m out of the market, waiting to sell into signs of weakness, with 2610 support as my target.