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Novo completely oversold🐂 Trade Idea: Long - NOVO 🔥 Account Risk: 20.00% 📈 Recommended Product: Stock 🔍 Entry: +/- 750.00 🐿 DCA: No 😫 Stop-Loss: 675.00 🎯 Take-Profit #1: 1,000.00 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — Novo Nordisk is completely oversold (in fear of RFK) and so is the rest of the Pharma sector as well. Nevertheless, Novo is still printing money and trial results for a new product should come in end 24 or beginning 25 for the oral version of the weight loss drug. The fear over political decisions in the US should be used to buy the Pharma sector. For me, it is Novo and Regeneron. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
OMXCOP:NOVO_BLong
by LGNDRY-Capital
2
AUDCHF Is Going Down! Sell! Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.558. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.553 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
symmetrical triangle ?The symmetrical triangle is identified by two trendlines: a descending upper trendline connecting lower highs and an ascending lower trendline connecting higher lows. These trendlines converge toward a single point, known as the apex. The breakout typically occurs before the pattern reaches the apex, often between 50% and 75% of the way through the triangle's formation. The expected price movement after the breakout is estimated by measuring the triangle's height at its widest point and projecting this distance in the direction of the breakout. The symmetrical triangle pattern is a powerful tool for traders. When combined with thorough analysis and risk management, it offers valuable insights into potential breakout points and price targets.
CRYPTO:XRPUSDLong
by keith_williams49
1
CL_LONG_+991 TicksThe CL daily time frame has created an up channel. The market has hit the bottom of the channel and is showing signs of pushing bullish towards the top of the channel. The market has created an up Fibonacci with an extension price point 78.92 about +991 ticks above the market. The market has broke and closed above a counter trend line bullish and showing sings of wanting to push toward the Fibonacci extension. Entry: Counter trend line break bullish above the bottom of the channel. STOP: 64.60 LIMIT: 78.92. This is part of the long idea of the CL 01-25. The market has rolled into the next contract CL 02-25, so we are updating this idea.
NYMEX:CL1!Long
by JoshuaMartinez
1
#BTC reaches support zone📊#BTC reaches support zone✔️ 🧠From a structural point of view, all the goals of the short structure have been achieved, and the target area of ​​this structure overlaps with the yellow support area. The overlapping area is regarded as the heaviest support area, so there is an expectation of rebound. ➡️From the perspective of wave theory, the Elliott Pulse Wave has been fully realized, and there is also an expectation of rebound. ➡️If you miss the best entry opportunity, then you can expect to participate in long trades after building a long structure near the buy zone. Let's see👀 🤜If you like my analysis, please like💖 and share💬 BITGET:BTCUSDT.P
Long
by wolf_king888
2
Rates Are Down, So Why Isn’t Gold Shining?Gold Prices Drop to 2581 Amid Market Turmoil: What's Driving the Decline? Gold prices, as reflected in the XAU/USD pair, have slumped to 2581, marking a significant dip in the market. While many anticipated that falling interest rates would bolster gold, the reality has turned out to be more complex. Yesterday’s developments weighed heavily on the precious metal, and surprisingly, the negative impact isn’t directly tied to rate cuts. Instead, a mix of economic uncertainty and technical market dynamics has pushed gold into bearish territory. The Core Reason Behind Gold’s Decline The primary driver of this downward movement is the Federal Reserve’s cautious approach regarding future rate cuts. While the Fed followed market expectations by reducing the benchmark interest rate by 0.25%, bringing it to a range of 4.25% to 4.50%, its projections for next year surprised many. The central bank’s forecast of just two rate cuts in 2024 falls significantly short of market expectations, signaling a more hawkish stance than anticipated. This hawkishness has rippled through global markets. The U.S. dollar, buoyed by the Fed’s cautious tone, has strengthened, creating headwinds for commodities like gold that are priced in dollars. A stronger dollar makes gold more expensive for international buyers, diminishing its appeal as a safe-haven asset. Meanwhile, broader market indices have also faced selling pressure, reflecting heightened concerns about the economic outlook. Technical Factors Amplify the Bearish Sentiment From a technical perspective, gold’s price action underscores the bearish sentiment dominating the market. The XAU/USD pair has decisively broken below a critical support level, exiting a global ascending channel that had been intact for weeks. This breakout has confirmed the downward momentum, with gold setting a new low at 2581. Key support and resistance levels now define the boundaries of potential price movements: Resistance Levels: 2620, 2630, 2636 Support Levels: 2616, 2612, 2603 After breaking below the support, the price has moved into an imbalance zone, signaling a possible retest of the previously broken channel boundary. This retest could serve as a pivotal moment for market participants. If the price fails to reclaim the resistance zones at 2620 or 2630 and consolidates below these levels, it could pave the way for further declines. False breakouts, where the price briefly breaches a resistance level before reversing, are another factor to watch closely. A failed attempt to break key resistances like 2620 or 2630 could reinforce the bearish trend and lead to further downward pressure on gold. Macroeconomic Data in Focus Today’s trading session brings additional catalysts that could shape gold’s trajectory. Market attention is firmly fixed on the release of U.S. GDP data and initial jobless claims. These indicators will provide fresh insights into the health of the U.S. economy and could either reinforce or challenge the Fed’s cautious stance. A stronger-than-expected GDP reading or lower-than-expected jobless claims could further support the dollar, adding to gold’s woes. Conversely, weaker economic data might rekindle hopes for more aggressive rate cuts, potentially offering some relief to gold prices. Broader Implications for Gold Investors The recent price action in gold highlights the complex interplay between macroeconomic fundamentals, central bank policies, and technical market dynamics. While gold has traditionally been viewed as a safe haven, its performance is not immune to shifts in interest rate expectations and currency fluctuations. For investors, the key question is whether gold’s current bearish trend represents a short-term correction or the beginning of a more sustained decline. Much will depend on how the Federal Reserve’s policy unfolds in the coming months and how global economic conditions evolve. In the short term, traders should monitor key technical levels closely. A decisive break above resistance at 2636 could signal a reversal of the bearish trend, while a sustained move below support at 2603 would likely confirm further downside potential. Until then, gold remains under pressure, navigating a challenging and uncertain landscape.
FX:XAUUSDShort
by lonelyPlayer0
2
BITCOIN Will Go Lower From Resistance! Short! Take a look at our analysis for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 95,186. The above observations make me that the market will inevitably achieve 90,936 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
BITSTAMP:BTCUSDShort
by SignalProvider
2
SBIN : at Wave C completion zoneSBIN Analysis (20th Dec 2024) The chart of SBIN (State Bank of India) illustrates an extended retracement to mitigate liquidity, a failed breakout (BO), and a corrective wave completion. Let us dive into a step-by-step educational breakdown of actionable levels. Current Structure: The price has recently formed a corrective wave structure (A-B-C) and is trading near a potential demand zone around 818-834. The first target zone lies between 850-852. Further breakout could lead to an extended target between 900-912. The stop-loss is below 814, where failing the deep retracement may result in bearish continuation. Action Plan: Buying Opportunity: Consider entering near 818-834, as this aligns with the golden retracement zone. This is a low-risk entry given the confluence of previous support and corrective wave completion. Targets: Book partial profits around 850-852. If momentum sustains, trail stop-loss to 845 and aim for 900-912 as the extended target. Stop Loss: Place a stop-loss below 814 to manage risk. A failure here could invalidate the setup, resulting in further downside risk. Risk-Reward Ratio: Buying around 830 with a target of 850 (initial) and 900 (extended) offers a risk-reward ratio of approximately 1:3, making it a favorable trade setup. Key Educational Note: Green trendlines denote bullish movement, while red illustrates potential bearish risks. The yellow trends indicate a sideways range, highlighting consolidation zones. Disclaimer: This is not financial advice. Always consult with a SEBI-registered advisor before trading. Like and share if you find this analysis helpful!
NSE:SBINLong
by LiveTradingBox
1
Anybody in for a reversal with me?Well, starting with the downtrend structure we had from the 1.34xx seems broken. Apparently, our beloved cable had to take all those early bulls out before it could go back reclaiming money it left at supply. There are multiple evidences why I think we should be buying GBPUSD. Amongst the most prominent ones, we have: 1- Price being protected (twice) at the demand area 2- BOE held the rates, it does not mean UK is doing great at other variables such as inflation, trade balance, debt, job market etc., it just means they plan to maintain the burden on businesses and public with relatively higher mark ups on public lending. It might be a double edged sword but that is pretty much how capitalist economies maintain and control their inflation rates. 3- Market has not claimed the liquidity at marked supply area ever since it started dropping, so this might be a good start 4- This one might not have matured just yet, but it is diverging bullish here This is my idea for adding small long positions starting Monday post intraday pullback, if you think I might be wrong, please let me know in the comments with proper reasoning. (saying because I need a reason to reconsider which I might be unable to see lol) Cheers!
Long
by Uzi-Trades-Forex
BTCUSD NEXT MOVE POSSIBLE BTCUSD possible area is given in the chart further you can share your precious thoughts about my chart and ideas . According to my personal analysis bitcoin will hit the upper target again , This is the simple analysis of BTCUSD so you can only go for a perfect while . Technical Targets are, 103000,107000,110000 Key Highlights , (Strong resistance breakout is confirmed) (A clear upward trend suggest a Higher Target ahead) Like comments and follow me for more accurate updates. Do not miss my next forecast and Signals .
BITSTAMP:BTCUSDLong
by ALLEYPROFESSIONALS
Rate Cut Disappoints: Stocks and Gold Experience Sharp Declines◉ Abstract On December 18, 2024, the Federal Reserve lowered interest rates by 0.25%, marking its third cut in a row. However, the Fed also said it might not cut rates much more in the future because it expects the economy to grow stronger and inflation to continue. This cautious message worried investors, causing a sharp drop in the stock market. The S&P 500 fell about 2.96%, its biggest one-day loss since August. Gold prices also dropped by around 1.6%. The declines in both stocks and gold show that investors are feeling uncertain about the economy and are rethinking their investments based on the Fed's outlook. Continue reading the full article: ◉ Introduction On December 18, 2024, both the S&P 500 and gold experienced significant declines, driven primarily by the Federal Reserve's monetary policy decisions and market reactions to economic forecasts. ◉ Federal Reserve's Decision ● The Federal Reserve cut interest rates by 0.25%. This is typically a positive move for equities and commodities like gold. ● However, the Fed signalled a more cautious approach to future rate cuts, expecting stronger economic growth and persistent inflation. ● This cautious outlook raised concerns about the possibility of limited future rate cuts, which spooked investors. ◉ Market Reactions 1. Stock Market Decline ● The S&P 500 fell by approximately 2.96%, marking its largest single-day percentage drop since August 5th. ● The market's reaction reflected a realization that previous optimistic expectations about aggressive rate cuts were misplaced. 2. Gold's Decline ● Gold prices dropped sharply, with an intraday decline of about 1.6%. ● Gold, while a safe-haven asset, is less desirable in a rising rate environment due to increased opportunity costs. ● With the Fed's indication of fewer future rate cuts, investors shifted away from gold. ◉ Overall Market Sentiment The simultaneous decline in both equities and gold can be attributed to a broader market sentiment that reacted negatively to the Fed's cautious outlook on inflation and growth prospects. This created a risk-off environment where investors were uncertain about both stock valuations and commodity holdings.
SP:SPX
by NaranjCapital
1
SUIUSD: The 1D MA50 held again. Bounce incoming.SUI turned stayed bullish on its 1D technical outlook (RSI = 58.166, MACD = 0.287, ADX = 25.285) as the short term pullback stopped right on the 1D MA50, touching it for the first time since November 5th. This kept the Channel Up intact while the RSI hit and bounced on its own 4 month S1 Zone. This is the buy signal for the new bullish wave. We are bullish and aiming for the minimum +140% increase (TP = 7.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SUIUSDLong
by InvestingScope
Get Ready for More Gain: NOTCOIN Hits 0.0097 Fast!Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for NOTCOIN, 📚💡 NOTCOIN has recently broken through its downward trend and daily resistance levels, signaling a potential market shift. This breakout from its triangle pattern, combined with a surge in trading volume, suggests a growing bullish momentum. I anticipate further upward movement, targeting higher price levels as shown on the chart. 📚🎇 While a 47% short-term gain is expected, minor pullbacks or consolidation phases are possible, which are normal market behaviors during trend development. These fluctuations should be seen as part of the overall positive trend. 📚💡 🧨 Our team's main opinion is: 🧨 NOTCOIN has broken its downward trend and resistance levels, signaling potential bullish momentum with a 47% short-term gain. While upward movement is expected, minor pullbacks or consolidation phases may occur as part of the trend development. Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. 🐋
Long
by MadWhale
1
The Bitcoin Peak: When Will the Cycle End?Been a while since I published a TA. I’ve been digging deep trying to decipher when the cycle top will come in for Bitcoin. Some say it’s an impossible feat. Well, let’s give it a go. There are two major dates and one minor date for a possible cycle top: May 2025 **Volume Flow**: 1157 Days **From June Bottom**: 1064 days **ETH clear bottom**: June 2022 **Bar Pattern Fractal**: From 2015 bottom **221k Price Target**: Target crosses with the model in May. September 2025 **From November Bottom**: 1064 days **Major Macro Time Fibonacci** **Chainlink Fractal** **Chainlink Time Fib** March 2025 **Small Time Fibonacci** **Bull Flag End** **Average % move and time since 2019** As you can see, there is a lot of evidence to unpack here, so it’s going to be a long one. Let’s start with the first date: May 2025. --- May 2025 Volume Flow on Heikin Candles on the Monthly shows that from the Bearish cross to the cycle top is 1126 days, which ends up being May. Every cycle, Bitcoin has always put in a double bottom to mark its cycle low. As you can see, in 2022 we had two major crashes, and even though it’s not 100% clear here, we got a double bottom. The amazing thing about the first bottom in June 2022 is that it mirrored the first bottom of the cycle low of 2015. That fractal was a mirror, showing the importance of this first low in Bitcoin in June 2022. If we overlay the 2015 fractal, we get the top coming in May. For anyone who doesn’t know, the last two cycles, Bitcoin has taken 1064 days from Cycle Low to Cycle Top. 1064 days from the June 2022 low is May. ETH has a much clearer bottom than Bitcoin this cycle. It also took 1064 days, which puts it in May. So you can see, there is a lot of evidence pointing towards a May 2025 Cycle Top for Bitcoin. --- September/October 2025 1064 days from the second bottom in November 2022 would be October 2025. For years, I have been using this Major Macro Time Fibonacci sequence that shows me important moments in Bitcoin’s cycles. The last pointed to a move down to 48k in August 2023, which is hard to see on the 2Week chart. As you can see, it comes close to pinpointing moves, so the next date is the end of September 2025, which lines up with the 1064 days from November 2022. I have been following this Chainlink fractal for more than a year. We traded LINK using this fractal back in October 2023. You can check my TAs from that period. The fractal is still valid and tops in September 2025. Chainlink Fibonacci Time Sequence has been hitting home runs time and time again, from pinpointing the top all the way down to the bottom. The next date is late August 2025, very close to September 2025. --- March 2025 This date has far less weight for a cycle top but could be part of a major local top and correction. A small Time Fibonacci sequence taken from this level shows that March 31st is the next date, and the one after that is late August 2025, the same as the Chainlink fractal. 240% over 162 days is the average that Bitcoin moves up since 2019. If we just overlay the average, we get 127k by mid-February 2025. A mirror move from October 2023 to March 2024 puts us in March 2025. --- Elliott Wave Section I’m not an expert in this field but will throw in some takes. Could we possibly be in Wave 4 out of 5? Or could we be finishing Wave 3 right now and in for the first large correction of this bull market? The fact is, the last time we hit this band on this model was January 2021. After that, there was a 31% correction lasting 31 days. Sometimes 5 waves are very clear. Take GOLD, for example: there is a clear 5-wave pattern at max Fibonacci extension. This is a massive macro sell signal, in my opinion. Crazy how GOLD hit this level on Wave 5 as Bitcoin breaks 100k. --- ### **Price Targets If we take the first cycle and overlay to 2015 cycle, it gave us the cycle top in 2021. If we do the same for this cycle and overlay the 2015 cycle, we get a price target of 221k, which puts it at the top of my model in May 2025. Just discovered this—that’s one more point for May 2025. As you can see, in the last two cycles it worked. Will it work this time? Who knows. --- Pi Cycle Indicator If we just run a rough projection on when the next cross will be, it crosses in April 2025, very close to May. Keep in mind this is a very rough idea of when it could cross. --- Conclusion We have 5 points in favor of May 2025, 4 points in favor of September 2025, and 2 points for March 2025. As always, the path is never clear for Bitcoin. Until we get much further down the road, I won’t conclusively know which date it will be. This model I have been using has been so accurate thus far. We are so high up the last bands that we are most likely going to get some sort of long consolidation period with a correction soon, which would give the altcoin market a run.
BNC:BLXLong
by Sporia
8