Chartanalysis
Alibaba: Turning PointBABA was pulled down further last week. According to our primary scenario, it should now be in the final stages of the blue wave (a). As soon as the low is reached, we expect a (corrective) rise in the form of blue wave (b) before a further sell-off completes the magenta-colored wave (ii). Only with the correction low underfoot should the same-colored wave (iii) then drive the price above the resistance at $117.79.
Friday Gold Chart for PMI services Alert!For Sell side there is 2 scenario.
First there is strong supply area in day candel and there is more chance to market is extent supply and Fall again
Second is There is trend line in One hour time frame so Gold respect the Area of 2685 again so We took sell from 150 pips here easily
GSAT might be ready to breakoutIt is retesting Fib 61.8 after hitting Fib 1. If it continues up with some volume I am going to try calls from 2 to 3$ going to Jan. If it can push through 2.15 I will be looking at the target of 2.55. There should be more positive news this month and with the reverse stock split announcement I hope it will draw more interest and accumulation.
Understanding Gold's Path to$2680:Key Levels and Market BehaviorThe current correction in Gold is likely targeting the $2680 level, which remains relevant. However, there's also an interesting level at $2640 that has emerged along the way .
This doesn’t change the overall bearish outlook for Gold, but I want to highlight something new!
I’m pointing out an important detail for you: the price behavior at the $2590 level. Previously, this level was broken by a bearish candle (1), and the price has returned to it (2). The devil is in the details!
Here’s the insight: if the price approaches this level from below again (as it has), breaks through, and then holds above it (1-2), we could see an upward trend. And vice versa. This pattern occurs very frequently across all instruments.
The reason for the 'trigger' nature of the candle breaking support is that it serves as a trigger for many traders, including large ones. A well-established breakout pattern generates a chain of events and actions that are subsequently utilized by 'other' market participants.
Keep an eye on it, or better yet, backtest it and draw your own conclusions!
History Repeats? Bitcoin's Post-Election Surge in Focus!Bitcoin's Historical Bull Cycles & Election Correlations
🟢 Bitcoin's Monthly Chart Analysis: A decade of history shows a striking pattern around U.S. elections. 🚀
1️⃣ Post-Election Bull Runs:
2012: Bull market peaked ~1 year after the election (+11,246%).
2016: Peak ~1 year post-election (+2,833%).
2020: A dual rally with a final peak ~1 year post-election (+421%).
2️⃣ Current Cycle (2024):
Early-stage bull run starting post-2024 election.
Historical trends suggest potential peak in late 2025, marking a full year of upward momentum.
3️⃣ Key Takeaway:
If history repeats, 2024–2025 could witness explosive growth 📈 before cooling off. Watch for significant moves as we approach the second half of 2025.
💡 Plan Ahead: Timing is everything in crypto! Stay prepared for volatility and opportunity in this evolving market.
#Bitcoin #CryptoAnalysis #BullMarke
Fetch: Bearish PressureFET experienced significant bearish momentum over the past seven days. We interpret this movement primarily as part of the substructure of blue wave (iii). Consequently, we expect the coin to recover and climb above the resistance level at $1.74. However, if it falls below the support level at $1.09 (27% probability), we will have to anticipate a deeper low of blue wave alt.(ii).
Thursday Gold 100% confirmed Signal XAUUSD Insight: Locked in a fierce contest between 2648and 2651.8. Is a breakout near?
Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 2642, 2638.
Upside Watch: Look for buying signals if it rises above! Targets: 2655, 2660.
Tuesday Short Signal Alert!Gold First you take Buy till 2635 to 2639.
At2639-2642 there is Strong Zone for Sell So wait for Retest this level for sell Side. And Gold is Bearish trend So we have More chance for take this golden opportunity.after trump election USD stronger and Gold weak So over All gold chart is Falling.
Target is Mark For sell side 2633 and 2624.
VeChain: Let’s go! Last week, VET managed to move further away from our blue Target Zone (between $0.0179 and $0.0292). As a result, we now consider the low of the same-colored wave (ii) as established. In the short term, the substructure of the blue wave (iii) could prompt a temporary return into our Zone, which is why we are keeping it active for now. However, the primary trajectory remains upward. Once the blue wave (iii) concludes clearly above the resistance at $0.055, a brief interim correction should follow before another upward move completes the magenta wave (i).
CXW Inverse Head and Shoulder + Bullish Divergence!Hey Folks!
Not a fundamental analysis or financial advice, but trading idea on why it could do well in the coming months and beyond. I have discovered a technical repeat pattern in this one. I first found this stock after Trump made his statement regarding large deportations if elected. So naturally I look up prison stocks lol.
I made a nice trade on it last time it dipped and reversed, and I want to bring it to everyone's attention.
The overall pattern is shaping up nicely for a big move, a long election season is approaching border security will be a big deal and Core Civic will benefit in form of major government contracts, especially if Trump gets re-elected, even Biden might get pressured to crack down on border security.
From the company, I'd like to see a new fundamental catalyst to capitalize on this bullish setup.
Happy Trading!
OnePath
$VRT Head and Shoulders Failure Signal Note: I am LONG NYSE:VRT
A Head and Shoulders failure pattern occurs when prices break below the neckline, suggesting a potential reversal to an up-trend; however, the move lower does not gain traction. Instead, prices drift higher until trading above the previously defined Right Shoulder high.
My long entry triggers when price > right shoulder high, which invalidates the bearish setup, and signals a continuation of the up-trend as trapped short sellers are forced to cover. Often times, this amplifies the momentum in the move higher.
Past performance is not indicative of future results. Opinions are not positions, and vice versa.
Oil Market Outlook: Bearish Options FlowA few words about the prospects of oil through the lens of options trading.
The sentiment is leaning more bearish than bullish. We're seeing a surge in vertical spreads and butterflies on puts, targeting the $65-60 range for February-March 2025.
If we look at the charts, the price action resembles a 'settling' at the support level of $65-66.
It’s looking like we might see a support break, potentially a swift one, which could send prices down to a lower range, just like we've seen in the past.
But for now, this is just a theory based on price action and the options flow.
AVAX: Gathering StrengthThe AVAX coin has taken a brief pause in recent days, which we attribute to the substructure of the orange wave (iii). In the short term, the price could revisit our turquoise Target Zone (between $29.30 and $17.48), so we are keeping this range active for now. However, the primary trend remains upward, as wave (iii) should extend significantly higher. Following this wave, we anticipate an interim correction, paving the way for another rally to complete the overarching blue wave (i).
Tuesday Gold Analysis 100% Break out Alert!If market break the Resistance level 2624.6 So We take Buy Till 2640. In sell scenario We will wait for market Make Bearish Candel and Next candel break their low so we take Sell
Now market is Bullish Trend so we take Buy mostly.
Downside Watch: Stay cautious for potential drops if it dips below this range! Targets: 25618, 2613
Upside Watch: Look for buying signals if it rises above! Targets: 2634, 2640.
Qualcomm: Target Zone Ahead!While many tech-sector stocks are aiming for new highs, QCOM remains locked in a narrow range around the $170 level. Last week, the stock initially reacted to the 23.60% retracement and now hovers near the edge of our blue Target Zone (coordinates: $159.57 to $121.52). Our primary expectation is for the blue wave (IV) to extend further below the support at $151.39, where we anticipate its low point. Technically, a direct breakout to the upside is also possible, as our Target Zone – and thus the minimum correction threshold – has already been reached. If the price decisively breaks above the resistance levels at $193.84, an overarching alternative wave count will come into play (probability: 33%).
BEML @ Make or Break pointBEML CMP: 3791.20; RSI: 40.01;
BEML has near completion of ABC correction wave (Shown Elongated Flat with Irregular Failure pattern). Basis above chart reading, now BEML has entered time correction zone and may consolidate in band of 4280-3430 , which may last till Jan 2025.
If the consolidation band is broken upwards ( 3 day closing above 4280 level) , which may take the script in price expansion mode and new wave formation will take the script to 4604-5052 & finally to 6234 levels.
Breakdown below the lower band of consolidation zone and close below 3430, will invalidate the ABC pattern counting and script may slip to 3157 and if this level is broken eventually will find support at 2710 levels.
Scenario 1: Breakout above 4280
Buy above: 4280
Stop Loss: 3881
Target: 4604-5052-6234
Scenario 2: Breakout below 3430
Short: 3312
Stop Loss: 3430
Target: 3157 -2710
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Boeing: Long Opportunities!As expected, Boeing has recently moved down into our green Target Zone between $146.35 and $113.35. Within this price range, we anticipate the low of the green wave . Once this low is established, we expect the stock to resume its upward trajectory, as the subsequent green wave should have significant potential, targeting levels well above the resistance at $267.54. Our Target Zone can thus serve as an entry point for long positions. To manage risk, traders could place a stop-loss 1% below the lower boundary of the Zone.