Premium Analysis (BTC against GOLD)An inverse H&S has been formed and retested in the neckline, so I spect a good upside momentum these days (at least until H&S projection reaches its objective), which is in line with market sentiment right now.
But remember, we can't say we are bullish until we make a clear break of 70k USD.
Flag
UNITDSPR Breakout, Long for IntradayUNITDSPR Breakout closing in 15 Min. chart, Rectangle/Flag & Pole pattern breakout.
Daily Trend is also upwards
Wait for the retracement then can go for long position.
Question : Why wait for retracement?
Ans : Already made 8 green candles, there is a high probability that a red candle can be formed only then we can see the intensity and exact seller price.
If sellers are strong then it can be a breakout fail or if buyers are strong then that red candle will be act like a small stoploss/better price place for Buyers.
Note: This is just an analysis wait for the price to confirm.
Disclaimer :
Always follow Risk to Reward, because this is the key to success in this business, no matter how much good a trade is looking, we never know the future.
BTC - Looks extremely Bullish/Breakout Coming?BTC has been consolidating for months since setting new highs. Massive cup and handle on the weekly and a textbook bull flag in n the daily. Watching the channel on the 1hr and 4hr charts to await a break of the channel the flag is currently in. Candles from 15 minutes up start closing above $63500 I’ll be looking for a breakout to test $65000 and then ATH before a larger run up. BTC can move fast and dump just as fast, so I will use MARA, BITO, or MSTR call options for the breakout if it happens.
Ethereum to $12,622 – It's Not a Question, It’s a Matter of TimeAlright, let me break it down for you: ETH is heading straight to $12,622 – no ifs, ands, or buts. Why? Because the charts are screaming it.
Fibonacci Extensions: The 0.618-0.65 levels are textbook targets for major price moves, and guess where they’re pointing? You guessed it: $12,622. This isn’t guesswork, it’s mathematics.
Measured Moves: Look at the last massive rally – a clean 365% move. Now, using that same playbook, we’re looking at a nearly identical run from current levels. This isn’t speculation, it’s straight facts.
Bull Flag Breakout: This bull flag is as clear as day, and once we break out, there’s nothing standing in the way of ETH ripping to $12.6K. Bull flags don’t lie, and neither do I.
Mark my words – we’re hitting $12,622. It’s not “if,” it’s when. Keep watching. 🔥
Soon we enter into the next bullrun facemelt, be readythe last times we broke the negative trend on the rsi on the weekly btc facemelted up, I could see a case where we have one more dip to create a very large inverse head and shoulders on the daily, but usually you don't get another chance to buy the lows, and since september is coming to an end and there is rate cuts from the usa and china.... :)
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively stable, but a sharp decline occurred during the pandemic, reflecting economic contraction. The recovery of the VNINDEX (Vietnam Index) after the COVID crisis serves as an indicator of the country's economic recovery and the financial market's response.
2. Technical Analysis
The VNINDEX represents the movement of the Vietnamese stock market index, which has shown an upward trend in the long term. However, there are clear signs of corrections and recoveries over the past few years. Between 2018-2020, there was significant fluctuation, with a steep drop during the COVID-19 period (2020), followed by a recovery in the subsequent year. After 2021, the index has been rising, and it is currently facing resistance around the 1,287-point level, indicating a possible attempt to break through this resistance. The upward arrow symbol shown in the chart suggests a potential for the index to breach this level, which could indicate a continuation of the upward momentum.
3. Additional Insights for Analysis
The recovery of the VNINDEX aligns with the broader economic recovery trend post-COVID-19. The steadiness of the VNFGDPG could point to other economic factors still influencing the country's growth.
If compared with other countries in the region, how do you view Vietnam’s economy?
When comparing Vietnam's economy to other emerging markets, especially in Southeast Asia (ASEAN) such as Thailand, Indonesia, the Philippines, and Malaysia, Vietnam stands out in several key areas:
1. Economic Growth
Vietnam has maintained a relatively high GDP growth rate over the past decade compared to other countries in the region. Especially before the COVID-19 pandemic, Vietnam was recognized as one of the fastest-growing economies in the group.
The Philippines and Indonesia also have robust economic growth, driven by the expansion of industries and foreign investment.
Compared to Thailand and Malaysia, Vietnam’s economic growth has been more prominent. Both Thailand and Malaysia have experienced slower growth in recent years, particularly in sectors like tourism and exports, which were heavily impacted by the COVID-19 pandemic.
2. Industrial and Export Development
Vietnam is regarded as a new manufacturing hub of Asia, especially in electronics, textiles, and heavy industries. Vietnam is a major exporter of these products, particularly to large trading partners like China, the U.S., and Europe, which has helped its economy recover quickly post-COVID.
Indonesia is strong in energy and natural resources, being a major exporter of oil and natural gas in the region, while the Philippines has seen growth in information technology and business process outsourcing (BPO).
On the other hand, Thailand and Malaysia face challenges due to their heavy reliance on tourism and decreased foreign investments.
3. Foreign Direct Investment (FDI)
Vietnam has been a major destination for foreign direct investment (FDI), especially from companies shifting manufacturing out of China to avoid the U.S.-China trade war. This has driven strong growth in Vietnam’s manufacturing, technology, and construction sectors.
The Philippines and Indonesia also attract FDI, particularly in mining, energy, and IT sectors, but challenges related to infrastructure and political stability make them slightly less attractive compared to Vietnam.
Malaysia, while still receiving considerable FDI, has seen its growth slow in recent years, which makes Vietnam more appealing in comparison.
4. Challenges and Opportunities
Opportunities: Vietnam has significant growth potential due to its large working-age population, low labor costs compared to other regional competitors, and economic policies that promote exports and foreign investment.
Challenges: Infrastructure and bureaucratic inefficiencies remain obstacles to attracting further FDI when compared to countries like Malaysia, which has more developed infrastructure.
5. Impact of COVID-19
Vietnam has shown one of the fastest recoveries from COVID-19 in terms of GDP growth in the region, especially when compared to countries like Thailand, which relies heavily on tourism and was severely affected, and Indonesia, which struggled with controlling the pandemic in its initial stages.
However, global economic uncertainties still pose challenges for all countries in this group.
Conclusion:
Vietnam stands out for its strong economic growth, industrial development, and substantial foreign investment, especially in the post-COVID-19 period. Compared to other countries in the region, Vietnam seems to be better positioned for recovery and continued growth. However, challenges related to infrastructure and political systems could slow its future expansion.
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively stable, but a sharp decline occurred during the pandemic, reflecting economic contraction. The recovery of the VNINDEX (Vietnam Index) after the COVID crisis serves as an indicator of the country's economic recovery and the financial market's response.
2. Technical Analysis
The VNINDEX represents the movement of the Vietnamese stock market index, which has shown an upward trend in the long term. However, there are clear signs of corrections and recoveries over the past few years. Between 2018-2020, there was significant fluctuation, with a steep drop during the COVID-19 period (2020), followed by a recovery in the subsequent year. After 2021, the index has been rising, and it is currently facing resistance around the 1,287-point level, indicating a possible attempt to break through this resistance. The upward arrow symbol shown in the chart suggests a potential for the index to breach this level, which could indicate a continuation of the upward momentum.
3. Additional Insights for Analysis
The recovery of the VNINDEX aligns with the broader economic recovery trend post-COVID-19. The steadiness of the VNFGDPG could point to other economic factors still influencing the country's growth.
If compared with other countries in the region, how do you view Vietnam’s economy?
When comparing Vietnam's economy to other emerging markets, especially in Southeast Asia (ASEAN) such as Thailand, Indonesia, the Philippines, and Malaysia, Vietnam stands out in several key areas:
1. Economic Growth
Vietnam has maintained a relatively high GDP growth rate over the past decade compared to other countries in the region. Especially before the COVID-19 pandemic, Vietnam was recognized as one of the fastest-growing economies in the group.
The Philippines and Indonesia also have robust economic growth, driven by the expansion of industries and foreign investment.
Compared to Thailand and Malaysia, Vietnam’s economic growth has been more prominent. Both Thailand and Malaysia have experienced slower growth in recent years, particularly in sectors like tourism and exports, which were heavily impacted by the COVID-19 pandemic.
2. Industrial and Export Development
Vietnam is regarded as a new manufacturing hub of Asia, especially in electronics, textiles, and heavy industries. Vietnam is a major exporter of these products, particularly to large trading partners like China, the U.S., and Europe, which has helped its economy recover quickly post-COVID.
Indonesia is strong in energy and natural resources, being a major exporter of oil and natural gas in the region, while the Philippines has seen growth in information technology and business process outsourcing (BPO).
On the other hand, Thailand and Malaysia face challenges due to their heavy reliance on tourism and decreased foreign investments.
3. Foreign Direct Investment (FDI)
Vietnam has been a major destination for foreign direct investment (FDI), especially from companies shifting manufacturing out of China to avoid the U.S.-China trade war. This has driven strong growth in Vietnam’s manufacturing, technology, and construction sectors.
The Philippines and Indonesia also attract FDI, particularly in mining, energy, and IT sectors, but challenges related to infrastructure and political stability make them slightly less attractive compared to Vietnam.
Malaysia, while still receiving considerable FDI, has seen its growth slow in recent years, which makes Vietnam more appealing in comparison.
4. Challenges and Opportunities
Opportunities: Vietnam has significant growth potential due to its large working-age population, low labor costs compared to other regional competitors, and economic policies that promote exports and foreign investment.
Challenges: Infrastructure and bureaucratic inefficiencies remain obstacles to attracting further FDI when compared to countries like Malaysia, which has more developed infrastructure.
5. Impact of COVID-19
Vietnam has shown one of the fastest recoveries from COVID-19 in terms of GDP growth in the region, especially when compared to countries like Thailand, which relies heavily on tourism and was severely affected, and Indonesia, which struggled with controlling the pandemic in its initial stages.
However, global economic uncertainties still pose challenges for all countries in this group.
Conclusion:
Vietnam stands out for its strong economic growth, industrial development, and substantial foreign investment, especially in the post-COVID-19 period. Compared to other countries in the region, Vietnam seems to be better positioned for recovery and continued growth. However, challenges related to infrastructure and political systems could slow its future expansion.
Dow Theory - Bullish Divergence + ContinuationBINANCE:JSTUSDT has formed the first higher high after a bearish rally. Bullish divergence is also present on the chart.
7 Hr Analysis:
1. First higher high formed after a bearish rally
2. Break of descending trend line
3. Bullish divergence on RSI
4. Potential bullish flag in play (bullish continuation pattern)
Bitcoin to $46k - Bear flag** Short term analysis **
A bear flag print will confirm by Thursday 5th of September should price action fail to regain market structure support.
The target is $46k..
Remind me in the comments below by Thursday close to check structure!
Is it possible price action recovers structure? Sure.
Is it probable? Not on this time frame.
Ww
BTCUSD: Confluence of 3 Bullish Patterns As seen in the chart, we have both a cup pattern and a beautiful flag pattern simultaneously within a large ascending channel. The price has not yet broken the flag pattern, so we do not have confirmation to enter a buy trade. However, the presence of multiple bullish patterns at the same time increases the likelihood of an upward move. If the flag pattern breaks, a buy trade can be initiated. The shared target for all three patterns is the $110,000 range.
NVIDIA Corporation (NVDA) short term outlook is bullishNVDA is currently consolidating within a bullish flag pattern, as indicated on the chart. A breakout above the current consolidation zone is likely before the price can move towards the $127 resistance level. If the stock breaks out of the flag with strong volume, it would confirm a continuation of the recent bullish trend. Once the breakout occurs, the next target would be $127, where the descending triangle's resistance comes into play. However, a failure to break out of the flag pattern could lead to a pullback towards $105 support. The stock's proximity to its 50-day moving average adds significance to this area. Monitoring the breakout from the flag pattern is key for confirming the next upward move.
XAUUSD Flag Breakout Mastery – 100 Pips in Just Hours!You executed a fantastic trade on XAUUSD, capturing a solid 100 pips in 3.5 hours. However, there were additional techniques you could have employed to potentially capture more of the overall move:
Higher Time Frame Confluence: Ensuring the overall trend aligns with the smaller time frame breakout can give you confidence to hold for bigger moves.
Trailing Stop Strategy: This could have helped you lock in profits while giving the trade room to continue further.
Recognizing Momentum: The impulsive nature of the move post-breakout was an indication to hold the trade longer. Momentum trading often provides an opportunity for a bigger run.
Extended Targets: using Fibonacci extensions could have encouraged you to hold for additional profit.
Complete Trade Walkthrough
1. Entry Analysis:
Pattern Recognition & Confluence:
Descending Flag (Bullish): You identified and entered at the top of a descending flag, which is a continuation pattern in a bullish market. The breakout from this flag confirmed the upward momentum, making this a high-probability trade.
Confluence Factors:
Breakout Confirmation: Price broke through the descending resistance line, signaling a continuation of the bullish trend.
Support Zone: The prior lows acted as strong support, providing additional confidence that the price would move higher after the breakout.
This was an excellent, well-timed entry based on price structure. You entered right as the market broke out of the flag, aligning with a momentum-based strategy.
2. Price Action (PA) Analysis:
Impulse and Correction Structure:
Impulse Move: After the breakout, price made an impulsive leg upwards, which you capitalized on. This impulsive move is common following a flag pattern breakout, and the price shot up quickly, reflecting a strong buying pressure.
Correction: You entered just before the impulsive leg, after a period of corrective consolidation, which validated your timing. Once price pushed up, there was a brief consolidation before continuing the uptrend.
Momentum Continuation: Price made higher highs after your exit, indicating that momentum was still intact.
The price action displayed clear continuation signals following the breakout, suggesting that the market was still trending upwards.
3. Trade Management:
Time in the Trade:
You were in this trade for 3.5 hours, which aligns with the short-term nature of this flag breakout. However, the trade ran further, reaching up to 350 pips.
Profit Targeting:
Initial Take Profit (100 pips): You wisely took 100 pips as price approached a prior high. However, the fact that price continued upwards suggests that you might have captured more pips using alternative techniques.
Exit Consideration:
100 Pips Exit: While exiting at a previous high is logical, the lack of signs of reversal (e.g., no strong bearish candles or rejection at key resistance levels) indicated there was still room for the move to extend. The price continuing upward shows that the bullish momentum was strong, and you could have held on for a larger move.
Stop-Loss Placement:
You didn’t mention your stop-loss, but if you placed it below the structure of the flag (and adjusted it accordingly), this would have allowed you to reduce risk and hold for a longer run.
4. Potential Improvements:
Higher Time Frame Analysis (HTF Confluence):
HTF Context: Had you zoomed out to a higher time frame (1H or 4H), you may have seen that the breakout was part of a larger bullish trend, indicating there was potential for the move to continue beyond the 100-pip target.
Price Momentum: The momentum post-breakout on smaller time frames was strong. Checking the HTF would have given more confidence that this wasn’t just a short-term spike, but rather part of a more significant trend.
Trailing Stop Strategy:
Trailing Stops: Once your trade was 100 pips in profit, instead of closing the position entirely, you could have moved your stop-loss up to lock in some profits. This way, you could ride the larger move while managing risk.
Example: After 100 pips, trail your stop just below the previous consolidation or a key structure (e.g., 50 pips back), allowing the trade to breathe and move further in your favor.
Extended Profit Targeting:
Fibonacci Extensions: By using Fibonacci extensions, you could have projected extended profit targets beyond the initial 100 pips. Typically, a flag breakout can lead to an impulse equal to the size of the flagpole, offering more opportunities to scale out of the trade gradually.