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xrp usdt breakout"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
by Golden_candle
Cable turns south after weaker British dataBritish data on Friday 13 December were pretty roundly disappointing: monthly GDP for October, industry and manufacturing all contracted against expectations for growth. Current estimates suggest that the Bank of England (‘the BoE’) will hold rates on 19 December and cut only three times in 2025, so it’s moderately likely that the BoE will remain at least one step higher than the Fed until next summer. It’s possibly questionable whether 13 December’s reaction to the data was justified, since overall fundamentals for cable seem to be stronger than for euro-dollar. The volume of selling hasn’t increased significantly in recent days, so the price might need to bounce slightly before another serious attempt on $1.25 or lower. The upside seems to be limited, though: $1.28 looks like an important resistance and the price is very close to overbought based on the slow stochastic. Volatility and volume will probably remain subdued until the central bank’s meetings, but from 18 December they’re likely to increase sharply. The next direction might become clearer then as the dust settles after banks’ news on consecutive days.
by Exness_Official
Euro-dollar struggles to find directionTraders have mostly discounted the latest single cut by the European Central Bank (‘the ECB’) since that was widely expected and the comments in the subsequent press conference didn’t give any significant new information. Inflation has also risen in the eurozone in the last two months but hasn’t reached as high as in the USA. The difference in rates between the ECB and the Fed is likely to remain at least 1% for the foreseeable future. After a bounce at the end of November following the failed test of $1.04, euro-dollar hasn’t shown ongoing momentum upward. It might now fall into a sideways trend with a range between around $1.04 and $1.06. Most indicators are close to neutral in the shorter term but the main downtrend active in October and November could reassert itself depending on the reaction to the Fed’s meeting and, to a lesser extent, PCE and GDP.
by Exness_Official
doge usdt long!"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
by Golden_candle
GOLD PRICES RETREAT AS STRONG DOLLAR PREVAILS AND ECONOMIC DATA Economic Data Impacting the Market On December 12, 2024, the U.S. Bureau of Labor Statistics released important economic data. The Producer Price Index (PPI) rose by 0.4% in November, higher than the expected 0.2%, and showed a 3.0% increase over the year, marking the largest gain since February 2023. Additionally, the core PPI, which excludes food and energy, went up by 0.2% for the month and 3.5% annually. Initial jobless claims for the week ending December 7 reached 242,000, significantly above the expected 220,000, indicating rising unemployment. These mixed signals highlight ongoing inflation pressures alongside a weakening job market. Fed Rate Cut Expectations Shift According to the CME FedWatch Tool, the probability of a rate cut by the Federal Reserve in December has decreased to 96.70% from 97.50% a day ago, signalling changing market expectations.
OANDA:XAUUSDShort
by DynamicCapital-FX
Fri 2024 12 13 Long||| Stats ||| Stats Week: ** Mid Month Turn, ** US CPI: 14:30, - as expected, ** Thu EU GC 14:15:, - reduced as expected, ** Mon Morning rule, - yes, ** Tue return to W1 trend and not a W1 trend change, - yes Stats Month: ** Christmas Rally - start Mid Nov. - yes bottom ** Christmas Rally - US election year, start Dec. - yes Stats Year: ** US Election, ||| Trade Taken ||| Trade Taken: ** Time frame: * H3 ** Time: * 03pm, Set-Up: ** Trigger for trade: * Momentum Long, * Mon Morning rule, * Tue return to W1 trend - UP, * Senti, - P16, ** Mom Width: * 6 candles - med/strong, ** Mom Type: * 3rd directional - risk at last Mom turn, Risk Reward: ** Risk: * last Mom Turn, ** Target: * R 1:1 as at ATH,
CAPITALCOM:DE40Long
by ErPat
Possible 1000pip Projection For 2025Following up on our previous analysis of USDJPY, we’re now active on this trade. As the market unfolds, we’ll be looking for opportunities to scale in with additional positions. Always remember, the market has the final say—it’s not about being right but about staying adaptable. Ensure you’re applying proper risk management and stay optimistic. Keep an open mind and trust the process. Stay tuned here for regular updates as we let patience lead the way. Ieios!
by Ieios
4
WLD/USDT Bullish Momentum Ahead: A Strong Buy Signal🚀 Trade Setup Details: 🕯 #WLD/USDT 🔼 Buy | Long 🔼 ⌛️ TimeFrame: 1D -------------------- 🛡 Risk Management: 🛡 If Your Account Balance: $1000 🛡 If Your Loss-Limit: 1% 🛡 Then Your Signal Margin: $31.92 -------------------- ☄️ En1: 3.106 (Amount: $4.79) ☄️ En2: 2.851 (Amount: $11.17) ☄️ En3: 2.669 (Amount: $14.36) ☄️ En4: 2.487 (Amount: $3.19) -------------------- ☄️ If All Entries Are Activated, Then: ☄️ Average.En: 2.914 ($31.92) -------------------- ✔️ TP1: 3.826 (+31.3%) (RR:1) ✔️ TP2: 4.19 (+43.79%) (RR:1.4) ✔️ TP3: 4.654 (+59.71%) (RR:1.91) ✔️ TP4: 5.243 (+79.92%) (RR:2.55) ✔️ TP5: 5.993 (+105.66%) (RR:3.37) ✔️ TP6: Open 🔝 -------------------- ❌ SL: 2.001 (-31.33%) (-$10) -------------------- 💯 Maximum.Lev: 2X ⌛️ Trading Type: Swing Trading ‼️ Signal Risk: 🙂 Low-Risk! 🙂 🔎 Technical Analysis Breakdown: This technical analysis is based on price action, SMC (Smart Money Concepts), and ICT (Inner Circle Trader) concepts. All entry points, Target Points, and Stop Loss are calculated based on professional mathematics formulas as a result you can have an optimal trade setup based on great risk management. 📊 Sentiment & Market Context: The WLD/USDT pair shows a strong bullish trend as market sentiment turns positive. With the increased demand for World Coin (WLD) amidst growing adoption in decentralized finance, technical indicators suggest a solid upward movement. WLD's unique features, including its privacy-focused ecosystem and global utility, have contributed to its rise. As the market context strengthens and more investors recognize WLD's potential, we can expect further upside in the coming sessions. This presents an excellent opportunity for traders to enter on the pullbacks and ride the bullish wave. ⚠️ Disclaimer: Trading involves significant risk, and past performance does not guarantee future results. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your research and trade responsibly. 💡 Stay Updated: Like this technical analysis? Follow me for more in-depth insights, technical setups, and market updates. Let's trade smarter together!
Long
by MergicNet
Trading the Santa Rally: How to Ride the Supposed Year-End SurgeThe Santa Rally — a festive event characterized by silent nights and active markets. Every December, traders whisper about it with a mix of excitement and skepticism. But what exactly is this supposed year-end market surge? Is it a gift from the markets or just a glittery myth? Let’s unwrap the truth. 🎅 What Is the Santa Rally? The Santa Rally refers to the tendency for stock markets to rise during the last few trading days of December and sometimes even the first few days of January. It’s like a financial advent calendar, but instead of dark chocolate, traders hope for green candles. The origins of this term aren’t entirely clear, but the event is widely observed. Analysts cite everything from holiday cheer to quarter-end, year-end portfolio adjustments as possible reasons. But beware — like a wrongly wrapped gift, the rally doesn’t always deliver what you expect. 🎄 Fact or Festive Fiction? The Numbers Don’t Lie (Mostly): Historical data does show that markets have a knack to perform well during the Santa Rally window. For instance, the S&P 500 SPX has delivered positive returns in about 75% of the observed periods since 1950. That’s better odds than guessing who’s going to win the “Ugly Sweater Contest” at the office. Not Guaranteed: However, let’s not confuse correlation with causation. While historical trends are nice to know, the market isn’t obliged to follow tradition. Geopolitical events, Fed decisions, or even a rogue tweet can easily knock this rally off course (especially now with the returning President-elect). 🚀 Why Does the Santa Rally Happen? 1️⃣ Holiday Cheer : Investors, like everyone else, might be more optimistic during the holidays, leading to increased buying momentum. After all, not many things can say “joy to the world” like a bullish portfolio. 2️⃣ Tax-Loss Harvesting : Fund managers sell off losing positions in early December to offset gains for tax purposes. By the end of the month, they’re reinvesting, potentially pushing prices higher. 3️⃣ Low Liquidity : With many big players sipping mezcal espresso martinis on the Amalfi coast, trading volumes drop. Lower liquidity can amplify price movements, making small buying pressure feel like a full-blown rally. 4️⃣ New Year Optimism : Who doesn’t love a fresh start? Many traders sign off for the quarter on a positive, upbeat note and begin setting up positions for the year ahead, adding to upward swings. ⛄️ The Myth-Busting Clause While these factors seem plausible, not every Santa Rally is a blockbuster. For example, in years of significant economic uncertainty or bearish sentiment, the holiday spirit alone isn’t enough to lift the market. 🌟 How to Trade the Santa Rally (Without Getting Grinched) 1️⃣ Set Realistic Expectations : Don’t expect a moonshot. The Santa Rally is more of a sleigh ride than a rocket launch. Focus on small, tactical trades instead of betting the farm on a rally (and yes, crypto included). 2️⃣ Watch Key Sectors : Historically, consumer discretionary and tech stocks often perform well during this period. Consider these areas, but always do your due diligence. 3️⃣ Manage Your Risk : With low liquidity, volatility can spike unexpectedly. Tighten your stop-losses and avoid overleveraging — Santa doesn’t cover margin calls. 4️⃣ Keep an Eye on Macro Events : Is the Fed hinting at rate cuts (hint: yes it is )? Is inflation stealing the spotlight (hint: yes it is )? These can overshadow any seasonal trends. ☄️ Crypto and Forex: Does Santa Visit Here Too? The Santa Rally isn’t exclusive to stocks. Forex markets can also see year-end movements as hedge funds, banks and other institutional traders close out currency positions. Meanwhile, traders in the crypto market have gotten used to living in heightened volatility not just during the holidays but at any time of the year. More recently, Donald Trump’s win was a major catalyst for an absolute beast of an updraft. 🎁 Closing Thoughts: Naughty or Nice? The Santa Rally is a fascinating mix of tradition, psychology, and market mechanics. While it’s fun to believe in a market jolly, it’s better to stay prepared for anything out of the ordinary. So, are you betting on a rally this year, or are you staying on the sidelines? Let’s discuss — drop your thoughts in the comments below and tell us how you’re planning to trade the year-end rush! 🎅📈
SP:SPXEducation
by TradingView
9
ES going into CPICame back to analyze the ES pre-CPI one more time. I didn't manage to publish this prior to release, as the inflation data just came out as I'm typing this, but looks like CPI came in as expected so no surprises. Ultimately, we did get a potential buy signal on Monday as I expected. It did come with a bit of a push down. I'm still not sure I want to go Long, especially as the ES contract is running on Z24, which will expire soon. The official expiry is the third Friday of the month, but depending on the broker it may cut you off a few days before that, so there isn't much time to hold that trade and the ESH25 contract coming in is already about 70 points higher than our current position. I will likely look for entry into 6E or 6C contracts if they dip lower or show good data into entry points for even soft rebounds. Look for potential disruptions if we get PPI higher than normal that mathematically shows CPE could come in higher than expected. Fed Decision is next week also, which may setup the sentiment going into long term planning of 2025. Safe trading, and remember your risk management!
CME_MINI:ES1!
by SemperTrader
BITCOIN: First red day, on DAY 3!Hello traders and thanks for your constant support, please do not forget to like and comment the idea, it's very helpful and supporting for my constant work and progress. Bitcoin, it's currently establishing a template of pump and dump that I really like and already traded many times in the past few years, on several instruments. There is a good chance to complete the full pattern of pump and dump during the upcoming days. But let's see the overall weekly situation to understand better the thesis behind. Let's start quickly to say that the current week is INSIDE the previous weekly high low, meaning that I do not see weekly higher time frames involve in this move, as well because today we don't have any major red news on calendar, I would consider a potential short entry only an intraday position. Monday is the opening range of the week, it triggered HOD and LOD levels, closing in breakout short, inside the previous weekly high low range, shorts traders were involved in this specific day. Tuesday the market dumped back down into the low of Monday, failing the attempt to break lower, still we have shorts involved and potentially now trapped into the low of the week. Wednesday, day 3 of the week, we can see a three days dump and pump completed in the week, shorts from Monday are stopped out and long breakout traders are in the market, but once the HOW has been reached, is really important to understand the behaviour of price on that level. Thursday, long traders attempt in three pushes to break higher, basically consolidating up high and closing the day down, as a first red day. Today, Friday, the market placed a lower low into the yesterday low of day (which it could represent a weakness in the market) and currently pumping up into the current high of day / most recent swing high in the market. THESIS: -Short: this is my main thesis right now, I would like to see the market consolidating up high into the current HOD, starting breaking down in NY session for either a session scalp pump and dump, targeting LOD, and eventually trailing to further levels as breakout level of Tuesday high (because breakout traders long entered the market without any retest of that area), eventually closing of Tuesday and as well low of Wednesday, all these level can be very reactive. - Long: as always, I'm not here to make forecasting or prediction, but I'm only looking for setups in specific templates that play out over and over again. Bitcoin can still keep breaking higher giving a long trade back to the HOW, where the beginning of the dump started. In the next update, I will be showing the intraday overview.
PEPPERSTONE:BTCUSDShort
by GianniPichichero