GBPUSD: After the FED, Awaiting the BOE and BOJ!The GBP/USD pair found support near the 1.3150 area on Thursday, temporarily halting the correction from the recent high of 1.3300, the highest level since March 2022. The 4-hour RSI remains close to 70, suggesting that the pair could enter overbought territory in the short term if it continues to rise. The bullish sentiment for GBP/USD has been supported by expectations of an aggressive rate cut from the Fed, which has weakened the US Dollar. This week, markets are awaiting the rate decisions from the Bank of England (BoE) and the Bank of Japan (BOJ). In the short term, GBP/USD could consolidate above 1.3200 before potentially resuming its rise toward 1.3260 and 1.3300. On the downside, a break below 1.3150 would open the door for a drop towards 1.3100, especially if US economic data supports a rebound in the dollar.
Analysis
USDCAD - UNDER DOWNWARD PRESSURE - 4HUSDCAD / 4H TIME FRAME
HELLO TRADERS
Currently, prices are trading below the resistance trend line and the turning level at 1.361.
This sets the stage by identifying that the price is under a key resistance line and turning level, specifically at the 1.361 level. The resistance line acts as a ceiling preventing further upward movement.
As long as trading remains below this level, a decline is expected, potentially reaching 1.354 and 1.350.
Here, you're forecasting a possible downward trend. If prices don't break through 1.361, the expectation is for them to move lower, first targeting 1.354, and possibly continuing to 1.350. These levels are likely key support level where the price could find temporary stability.
However, breaking this level would indicate a rise toward 1.370.
This section shifts the focus to an alternative outcome. If the price breaches the 1.361 resistance, it would signal the start of an upward movement, aiming for the next key level at 1.370.
To confirm an uptrend, it is necessary to break through this level, which would then target the next level at 1.374.
Finally, you're stating that for a true and sustained uptrend to be confirmed, the price must break through 1.370. Once this happens, the price is expected to head towards the next resistance level at 1.374.
UPWARD TARGET : 1.370 , 1.374.
DOWNWARD TARGET : 1.354 , 1.350.
Amazon (AMZN): Swing Trade & Chart Analysis UpdateTwo months ago, we anticipated a pullback to wave (2), and after a brief pump, we saw an immediate sell-off. The fascinating part? Amazon dropped 25% and reversed almost perfectly on the long-held trendline, which hasn’t been adjusted. It's incredible how simple technicals can sometimes work so well.
We've now pushed back into the $183-190 range. This could be a relief pump, likely short-lived. While we aren’t ruling out a rise above the current wave (1), we’re leaning toward a flat correction, as wave A was fast. If correct, we should turn soon and continue downward with a 5-wave structure into the 50-78.6% Fibonacci retracement target area.
No limit orders yet, but we're setting alerts to better time our entry. 🔥
Sell EURUSD Channel Breakout (FOMC) The EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1117, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1076
2nd Support – 1.1051
Stop-Loss: To manage risk, place a stop-loss order above 1.1152. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
HelenP. I Bitcoin can decline a little more and then start growHi folks today I'm prepared for you Bitcoin analytics. A not long time ago price rebounded from the support level and tried to grow, but after it rose a little higher than the resistance zone, it dropped below the 58300 level, breaking it. Then BTC made a retest of this level and continued to decline to the trend line. After the price fell to this line, it turned around and started to grow inside the upward channel, where it some time rose near the trend line, which support line of the channel and later rebounded up. Bitcoin almost reached the 58300 support level, but then made correction, after which continued to move up. When the price reached the 58300 level, it at once broke it and rose to the resistance line of the channel. But recently price rebounded and made a correction movement to the support level. And now it continues to trades near this level inside the resistance area in an upward channel. In my mind, BTCUSDT will fall to the trend line and then rebound and start to grow to the resistance line of the channel. That's why I set my goal at 60800 points. If you like my analytics you may support me with your like/comment ❤️
EURAUD - Technical Analysis [Short Setup]🔹 EURAUD Analysis on 30M chart
- The current Trend is BEARISH
- There is no Bullish divergences
- Using trendline to take trade on HL
🔹 Trade Plan
- Entry Level = 1.64757
- Stop Loss = 1.11500
- TP1 = 1.64385
- TP2 = 1.64191
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
Like and subscribe to never miss a new idea! ✌🏼
Sell GBPCHF UK CPIThe GBP/CHF pair on the M30 timeframe presents a potential selling opportunity. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.1136, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.1080
2nd Support – 1.1040
Stop-Loss: To manage risk, place a stop-loss order above 1.1190. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Today’s (17-9-2024) US Retail sales data Affects Gold Prices why we sell Gold today ???
well many will tell answer is simple that gold is overbought and everyone is selling.....
But That's not a whole case.
- Yes gold was overbought and running on High uptrend.
- From our past Encounter with gold suggested Small Changes in US Retail sales data will Endup in big change in gold,and it happeded as per our prophecy.
- Buyer around the world are running heavy profit they has to close position and book profit will force price to come downside.
So this is it...
Stay tune for more update from us will come back with another Facinating trade..
Keep following keep trading and Remember Buy high Sell low....
XAUUSD | Bearish DivergenceCurrently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows while moving within a parallel channel, supported by its trendline. Additionally, fundamental factors are pushing gold to reach new highs.
However, on the 1-hour time frame, there is a hidden bearish divergence, suggesting a potential trend reversal into a downtrend. This indicates that we may soon see the formation of new lower highs (LH) and lower lows (LL), and the price could move towards a high-demand zone.
Moreover, with high-impact USD news expected this week, we anticipate a potential retracement in price. After this pullback, we could expect an upward rally in gold.
In summary:
1: Uptrend: Gold is making higher highs and higher lows, moving within a parallel channel.
2: Fundamentals: Support the uptrend and push for new highs.
3: Hidden Bearish Divergence: On the 1-hour chart, indicating a potential shift to a downtrend.
4: High-Impact USD News: Expected to cause a retracement, followed by a potential upward rally.
Expectation: A short-term pullback, followed by a possible continuation of the uptrend.
These factors suggest short-term downside potential before a likely continuation of the uptrend.
Sell EURCHF Triangle BreakoutThe EUR/CHF pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9395
Target Levels:
1st Support – 0.9353
2nd Support – 0.9324
Stop-Loss: To manage risk, place a stop-loss order above 0.9412. This helps limit potential losses if the price falls back unexpectedly.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Bitcoin Cycles: Predicted Highs and Lows for 2025-2026
In this post, we will explore the Bitcoin market cycle in an effort to predict when the next cycle's top and bottom might occur, along with their potential price levels.
Our analysis will cover several key concepts, including the Four-Year Cycle Theory, peak-to-peak and bottom-to-bottom analysis, cycle timing (peak-to-bottom), and the idea of diminishing returns, to support our forecast. Lets go!
The Four-Year Cycle Theory:
The Four-Year Cycle Theory in Bitcoin refers to a recurring market cycle that aligns with the Bitcoin halving event, which occurs approximately every four years. It suggests that Bitcoin's price moves in predictable cycles, driven largely by the dynamics of supply and demand, with the halving event acting as a significant catalyst.
The theory suggests that each four-year cycle consists of four distinct phases:
a. Accumulation (Bear Market Bottom)
b. Uptrend (Bull Market Start)
c. Parabolic Rise (Bull Market Peak)
d. Correction (Bear Market Crash)
The halving significantly reduces the rate at which new Bitcoin is mined, which leads to a supply reduction. As supply decreases while demand stays the same or increases (due to growing adoption, media attention, etc.), the price often rises after the halving leading to phase c. the Parabolic Rise.
With the basics of the Four-Year Cycle Theory covered, we can now analyze the intervals between cycle peaks and bottoms.
Cycle interval analysis:
A cycle analysis aims to identify recurring patterns by analyzing the time and price movements between key events, such as market tops (peaks) and bottoms, in the case of Bitcoin the halving event may also be considered. By examining these cyclical behaviors it is attempted to predict future tops and bottoms.
The simplest and easiest-to-understand patterns are:
1. Top-to-Top
The time difference between consecutive market tops
2. Top-to-Bottom
The time difference between a market top to the next market bottom.
3. Bottom-to-Top
The time difference between a market bottom to the next market top.
4. Bottom-to-Bottom
The time difference between consecutive market bottoms.
There are however also more advanced patterns such as:
5. All-Time-High Break to Top
The time difference between a break of the last cycle top to the next market top.
6. Halving event to top
The time difference between the halving event to the next market top.
It can be observed that market cycle patterns in the 2nd cycle are shorter compared to those in the 3rd and 4th cycles. This is likely due to a lack of market maturation or the fact that it occurs before the first halving.
What stands out is the similarity between the 3rd and 4th cycle patterns. By averaging these cycles, we can predict the 5th cycle. Even more striking is that several of these predictions closely match the subsequent cycle top AND bottom.
The predicted upcoming market cycle top is predicted as follows:
Based on the Top-to-Top pattern, the market top is forecasted for November 3, 2025.
According to the Bottom-to-Bottom pattern, the top is expected on October 13, 2025.
The Halving Event-to-Top pattern suggests a market peak on October 6, 2025.
Additionally, the ATH-Break-to-Top pattern indicates that the Parabolic Rise of the current cycle will begin on December 9, 2024.
The predicted upcoming market cycle bottom is predicted as follows:
Based on the Bottom-to-Bottom pattern, the market bottom is forecasted for October 19th 2026.
According to the Top-to-Bottom pattern, the market bottom is forecasted for October 26th 2026.
Here is a graphical overview of our prediction timelines:
Price prediction using diminishing Returns:
In the context of Bitcoin and market cycles, diminishing returns refers to the phenomenon where, as Bitcoin’s market matures and more capital or resources are invested, the incremental gains or price increases from additional investments become smaller over time.
In essence this means the following:
Bull Market Peaks: As a market cycle reaches its peak, diminishing returns become evident. The price increases become smaller and less dramatic each cycle compared to earlier in the cycle.
Bear Market Corrections: Following the peak, the market often enters a correction phase where prices decline significantly. The decline also becomes smaller and less dramatic compared to earlier cycles.
In essence, this results in less dramatic bull cycles but also less severe declines during bear markets:
Here is a table overview with the values:
The effects of diminishing returns are clearly observable, with one exception: the Cycle Top to the next Cycle Bottom in Cycle 3, which saw a 6x loss. However, if we take the effects of diminishing returns into consideration, we can make the following conclusions:
The next Cycle Top will likely not exceed the Cycle 4 Top-to-Top multiplier of 3.4x, meaning it is unlikely to exceed a price of 224K.
The next Cycle Top will likely not exceed the Cycle 4 Bot-to-Top multiplier of 20.5x, meaning it is even more unlikely to exceed a price of 333K.
After considering the effects of diminishing returns, we believe a Top-to-Top multiplier in the range of 2 to 2.6 is realistic. Therefore, we predict a cycle top price of $131,000 to $170,000.
Regarding the next bear market Bottom:
The next Cycle Bottom will likely be below the Cycle 4 Bot-to-Bot multiplier of 5.1x, meaning it will likely be below 83K.
We believe a Bot-to-Bot multiplier in the range of 3 to 4 is realistic. Therefore, we predict a cycle bottom price of $49,000 to $65,000.
Final Conclusion:
Predicted Cycle Top: The upcoming market cycle top is forecasted to occur in October or November 2025. Based on our analysis, we predict a price range of $131,000 to $170,000.
Predicted Cycle Bottom:
The upcoming market cycle bottom is forecasted to occur in October or November 2026. Based on our analysis, we predict a price range of $49,000 to $65,000.
These predictions incorporate the effects of diminishing returns and historical cycle patterns.
NVIDIA (NVDA): Our Next Move After Predicting the TopJust 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄
Since our last analysis, NVIDIA has fallen by 21%, bringing us into the area where we should be looking for long positions. We're about to do just that, even though it's risky. We're planning to enter a long position on NVIDIA, with our stop loss set below the end of Wave (4) for invalidation. We don't have a specific target set for NVDA, and we'll be monitoring it closely. Given the risk involved, we won't be over-leveraging here.
Let's see if we can get it right again!
AUDCHF / TECHNICAL ANALYSIS / FUNDAMENTAL ANALYSIS ~ PROPFIRMThis is my analysis for audchf, the graph shows fundamental analysis and technical analysis.
This entry mentioned here is open with sell top in my propfirm account *Fundingpips* 100k.
Everything is clear, I didn't detail the fundamental analysis, I just put it as a final observation, as the fundamental analysis is done with a set of information and rate cuts.
Feel free to comment, this is just my entry, it doesn't mean I'm 100% right, sometimes the market isn't right.
The High Revenue Low Float Case Of Coca-Cola Consolidated NASDAQ:COKE recently seemed to have a double bottom form in Coca-Cola Consolidated Stock , Where a recovery seems possible after having a small pullback in share price. NASDAQ:COKE Recently a lot of debt was added onto the balance sheet due to the buyback programs initiated by the management like ("$1 billion share repurchase program for its common stock.") "(Aug 20, 2024)" The Valuation seems interesting at its 22.4x PE Ratio, and its Price to Sales 1.7x, and its 9.5x Price to book Ratio. It will for sure be interesting to see how the stock performs as time goes on!
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Balance Sheet:
Cash: US$1.90b
Debt: US$1.79b
Total Liabilities: US$4.46b
Total Assets: US$5.66b
Debt to Equity Ratio: 149.4%
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Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Coca-Cola Consolidated) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may be different for each investor and trader. Please do not make opinions based on this or any idea. Please be careful!
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Idea:
GOOGLE looking strong ! we identified a important area. Google needs to break the bearish sequence channel.
We have discovered several inflection points that create a very important zone, which is fully respected. When the price falls into this zone, it simply bounces because historically, these inflection points (green circles) have shown a liquidity and trend action.
If you can see on the 3rd circle, there is a high-volume candle that, upon rejecting the downtrend, creates a zone that could become a support zone if the price were to fall, and that’s exactly what happened in our 4th circle.
GOOGL is undoubtedly showing a lot of strength; however, this coming week, Google needs to show the same strength it has demonstrated over the last two days. In other words, we need enough volume for the price to break the sequential channel and see Google back above 168 or more.
We will see how it goes this week.
Thank you for supporting my analysis.
Best regards.
EURO - Price can little grow and then continue fall in channelHi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price entered to wedge, where it at once bounced from resistance line and fell to support line.
Then price bounced up from this line and rose higher than $1.0900 level, after which reached resistance line of wedge.
Next, EUR corrected, after which continued to move up inside wedge and later price exited from this pattern.
After this, price entered to falling channel, where it at once rose higher than $1.1155 level, but soon broke it again.
Euro continued to decline inside falling channel until it reached support line, after which it recently bounced up.
Now, I think price can make a small movement up and then continue to decline to $1.0975 support line of channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Gold Analysis for Upcoming Week Monday 16.Sep.24Hi followers,
I hope everyone is gearing up for a profitable week ahead. Here’s my analysis for the upcoming week based on the chart above:
Gold has been trending upwards within a 15-minute channel. I anticipate that the price may test the bottom of this channel, which is around 2572-2575. Following this, I expect a potential increase to reach last week's high of 2586. Afterward, a retracement to approximately 2545 seems likely.
Stay tuned for updates, and best of luck with your trades!
SAGA - Consolidation before price acceleration.# SAGA - Total3 - ETH/BTC
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SAGA is a cryptocurrency with a market cap of $160 million and a fully diluted market cap of $1.6 billion. It functions as a Layer 1 blockchain specifically designed for gaming. I included this coin this week because I see the potential for at least a 30% gain in the coming days or weeks. This coin is related to my publication from last week as I consider SAGA a SUI with a higher Beta. This means that SAGA is a coin that moves in relative tandem to SUI (discussed in my last publication) whilst being more volatile and sensitive to market movements.
**SAGA** - The price appears to be consolidating between a downward trendline (red) and an exponential trendline (green), forming a pattern of lower highs and higher lows. This suggests that the price is coiling up for a significant move.
If the price successfully breaks past the $1.90 level, there appears to be no further resistance until it reaches the W-pattern harmonic expansion at the 1.414 or 1.618 Fibonacci level. This corresponds to the corrective 0.618 or 0.786 Fibonacci retracement of the last impulsive wave down (see picture 1). This setup indicates a potential 30-60% price gain after surpassing the red downward trendline. (The strategy for entering the SAGA trade can be found at the end of this publication.)
**ETH/BTC** - The ETH/BTC pair is often considered a key indicator of the altcoin market's strength relative to Bitcoin. By analyzing ETH/BTC alongside TOTAL3 (the total crypto market cap excluding both BTC and ETH), we can look for confluence to determine if SAGA (and other altcoins) have the potential to move more rapidly in comparison to BTC.
On a macro scale, the ETH/BTC ratio appears to be forming a large triangular consolidation pattern. The upward trendline, which is expected to provide support, is positioned just below the 0.786 Fibonacci retracement level of the entire previous wave (see picture 1).
Zooming in (see picture 2), we can observe a hammer candle formed on high volume, which established the low of the current range (a bullish signal). At present, the price is holding at this range low and has filled the wick of the previously mentioned hammer candle. As long as the price does not break down from this range, it could quickly move towards the top of the range.
This suggests a higher likelihood of bullish price action for ETH and other altcoins, especially since it is rare for this ratio to increase while the prices of BTC and other cryptocurrencies decline.
**Total3** - TOTAL3 (the crypto market cap excluding BTC and ETH) is currently moving within a downward parallel channel, which can be a bullish indicator, much like BTC. The market cap bounced off the 0.886 Fibonacci level on August 5th, during a period of maximum fear, forming a hammer candle. Since then, it has also bounced from the 0.786 Fibonacci level, potentially creating a large W-pattern.
To support the idea that the altcoin market cap (excluding ETH) is gearing up for a bullish impulsive move, we can reference the "Three Waves to a Bottom" theory. This theory suggests that a market or stock typically undergoes three distinct downward waves before reaching a bottom. After the third wave, the price tends to stabilize and may reverse into an upward trend.
The movements in the Total3 market cap tend to suggest that more money will flow into the altcoins in the short to mid term. This should also benefit SAGA’s probabilities to have an acceleration in price.
**Trade Set-up**
In my opinion, I recommend 2 trade set-ups to enter in a SAGA long from the 14th of september onwards (Enter at White Arrow):
You wait for a breakout. Conservatively price should find resistance around 1.9$ and could retrace back to retest the trendline that has been serving as resistance since mid-Juli.
You wait for a breakout. If price does continue upwards, because crypto can move parabolically, even more when we consider the market cap of SAGA (=160M$) it is still probable that price will come down and retest the trendline that has been serving as resistance for 3months, the exponential trendline (green) that has been acting as support for even longer, or both as shown in the picture.
This is a repost from yesterday, hopefully the issue for the public post was the link at the foot of my previous publishment.
Have a nice weekend !
Zeddit
SPX Weekly Recap | Price Targets Sep 16 - 20Weekly Recap video on last week's stock market price action. then we wrap up the video with our new price targets for next week (Sep 16 - 20) using Statistics and Data to drive a 70%+ historical accuracy.
Topics:
- Last week's Results
- Next week's Targets
Personally I use these targets in combination with ICT Concepts to trade.
Nothing I say is Financial Advice - Previous performance does not guarantee future success.
It looks like we are ready to go long! 🚀 #Bitcoin Monthly Chart Update 🚀
After breaking out from its previous all-time high, #BTC is now retesting that key level.
The current monthly candle looks solid, showing signs of strength! 📊
This could be the beginning of a major move upward, in my opinion. 💡
What are your thoughts on this setup? Drop your views below! 👇
#Crypto
Completion of the correction of the dollar index DXY.H4 13.09.24Completion of the correction of the dollar index DXY
The dollar index has completed its upward correction and now we are waiting for a downside downdraft on the Fed on the 18th of September. In fact, the currency futures expiration has now passed and the gap that you see in the quotes is caused by a large divergence of forward point, that is a purely technical picture. Some suppliers may have different quotes by the numbers.
From current levels +- I expect a correction up again and a continuation of the fall after Powell's speech on Wednesday 18 September. I do not set targets at the low yet, I will be looking at it in the process