Get started

Community ideas

EUR/USD Analysis – December 19, 2024EUR/USD Analysis – December 19, 2024 Overview: Today, let’s focus on EUR/USD. The price recently retested its demand zone at 1.03611, where it experienced a strong rejection from the downside. Following this, the price has begun to climb upward, indicating a potential bullish move. Trade Idea: Potential Long Entry: Around 1.03611, where the demand zone lies. Target: The price could rise to 1.04628, which corresponds to the previous supply zone. Risk Management: Use a proper risk-to-reward ratio to manage your trade. Ensure there is clear confirmation (e.g., bullish momentum, strong candles, or other signals) before entering a position. Important Notes: Do Your Own Analysis: While this setup suggests a potential upward move, don’t follow it blindly. Always analyze the market conditions yourself before taking a trade. Risk Awareness: Protecting your capital is more important than making quick profits. Avoid impulsive trading and use stop-loss orders to mitigate risk. Trading Is Reactive, Not Predictive: Respond to what the price action shows you rather than forcing trades based on expectations.
Long
by KainT21
7
Euro can fall to buyer zone and then rebound upHello traders, I want share with you my opinion about Euro. Observing the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and started to grow inside the upward channel. In this channel, the price grew to the resistance line, after which turned around and started to decline in a downward channel, exiting from the upward channel. In this channel, the Euro declined to the seller zone, where it soon broke the 1.0485 level and fell to the support line, but soon turned around and backed up. Next, the price some time traded near the resistance level and later rebounded and made a strong impulse down, breaking the 1.0390 support level, which coincided with the buyer zone, thereby exiting from the downward channel as well. Later Euro turned around and started to grow and some time later reached the 1.0390 level, broke it, and continued to move up. But a not long time ago, the price started to decline, so, for this case, I think that the price can decline to the buyer zone. AFter this movement, Euro will turn around and start to move up to the resistance level from the buyer zone. Therefore I set my TP at 1.0485 level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
Expect More Gain with DOGECOIN: 0.54 Level Is uploading 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 DOGECOIN, 📚💡 A 57% price surge for the coin seems likely, though brief bearish pullbacks or consolidation phases may occur first, which often happen before a major rally. Key support levels have been determined through Fibonacci retracements to manage these fluctuations. Recently, the coin surpassed multiple long-standing resistance points, indicating a shift in market sentiment. 📚 This shift is crucial, as the coin gains strength, driven by higher trading volumes and growing social media buzz. This combination signals positive momentum for the coin’s future performance. 📚✨ 🧨 Our team's main opinion is: 🧨 A 57% price increase for the coin is likely, though short-term corrections or consolidation may occur first. Key support levels, identified with Fibonacci retracements, and a recent breakout above resistance levels signal growing market momentum, supported by rising trading volumes and social media attention. 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
Spy Whats Next NowWell everyone I've been calling for a 3% drop for the past 10 days and caught it lol!!!! I hope all of you that followed me crushed again and made money!!! Update to the New Narrative Trend Which the stock was Ticker QUBT I entered at $6.50 exited at $23 that I posted this week Resulting in a 4x stock move in 4 days causing some of my options plays to 10-15x insane in 2 days lol!! So What's next for Spy I Believe there will be a dead cat bounce resulting in a price to hit a target of 595-600 this year!!! I believe QQQ SPY both topped out for this year!!! So I Will be investing in The number 1 stock for 2025 resulting in a safe 10x trade by March content out now Good Luck Traders!!!
AMEX:SPYShort
by JoeWtrades
9
Bearish drop off pullbacksupport?WTI oil (XTI/USD) has reacted off the pivot and could srop to the 1st support which acts as a pullback support. Pivot: 69.65 1st Support: 68.56 1st Resistance: 70.71 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XTIUSDShort
by ICmarkets
1
Last call SEI LONG I don't provide any financial advice as I'm not a licenced advisor, simply a mama gone rouge 🤣🥳 but if it were me I'd love to know it's "Last call" for Christmas cash 🎯🛍️👏🏼🚀 SEI is recovering from its lowest low in a while. Chart pattern shows an incredible HNS targeted over $1 on the daily charts. Targets anywhere from $0.60 to $0.70, to $0.85, and for Christmas Eve im feeling a BFP over $1. This one is pretty much sky's the limit imo especially looking at the bigger picture 4hrs-1Month. Looks real good. RSI is in the toilet. So ready for some Christmas magic 🪄 Agree or disagree all good. These are my ideas 💡
Long
by modeling_and_motherhood
2
Micron Technology (MU) Stock Drops 16%Micron Technology (MU) Stock Drops 16% On Wednesday, Micron Technology released its quarterly earnings report after the main trading session closed. The results aligned closely with analysts' expectations: earnings per share came in at $1.79, slightly above the forecast of $1.76, while revenue met projections at $8.71 billion. Despite meeting estimates, the chipmaker issued a disappointing forecast for the next quarter, citing weak demand for personal computers (PCs) and smartphones. This overshadowed positive projections for the growth of the artificial intelligence (AI) chip market. Morningstar analyst William Kerwin warned of a potential "significant decline" in revenue from chips used in smartphones and PCs in 2025, driven by challenging market conditions. As a result, Micron Technology's stock opened Thursday's session with a significant bearish gap and continued to slide throughout the day, closing 16% lower than Wednesday's closing price. The chart of Micron Technology shares reveals bearish signals, as the price has broken below the support line of the long-term upward channel defined by key reversal points. Currently, the stock is hovering around the $85.50 support level, which successfully halted the bearish momentum in August and September. However, with market sentiment dampened by Jerome Powell’s cautious comments about the pace of rate cuts in 2025, MU shares may face further downside. If this happens, the downward channel (highlighted in red) could become the dominant trend. Analysts remain optimistic despite recent developments. According to TipRanks: → 23 out of 24 analysts recommend buying MU stock. → The average 12-month price target is $153.05. That said, if the stock continues to deviate from the blue upward channel, analysts may adjust their price targets downwards to reflect the changing outlook. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:MU
by FXOpen
2
Is BITCOIN DOOMED? OUR NEXT TRADE IDEA!In today's video we go though the market dynamics, starting from the higher time frames all the way down to the lower timeframe to construct where our next profitable trades lie As a group, we are looking to capitalize on the long and short side waiting for out clear confirmations before entry. Trades include, daily deviation plays, range plays and internal continuation and reversal plays. Keep an eye out on the next video where we talk trading psychology - must watch ! 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁
by Trade-Journal
2
BTC Bleeding - When Bottom?Bitcoin is in a corrective phase following a sharp rally, with the $92,000 50-day SMA acting as the first critical support zone. A break below this could lead to further downside toward $89,000 or $73,835. To regain bullish momentum, Bitcoin needs to reclaim $99,860, targeting $108,300 and higher. Keep an eye on the RSI and volume for confirmation of the next move. Key Observations: Recent Price Action: Bitcoin recently reached a high of approximately $108,300, marking the peak of the current rally. Following the high, BTC has experienced a sharp pullback, breaking below the $99,860 support level and currently trading near $93,569. The pullback reflects a correction of approximately 14% from the peak. Bearish Divergence on RSI: RSI Divergence: While price made a higher high at $108,300, RSI formed a lower high, signaling a loss of bullish momentum. RSI is now trending below 50, confirming bearish short-term momentum. RSI will eventually make it to oversold, but that could be far down the road. Still worth noting that it is only at 40, so there could be a long way to go if the correction continues. Key Support Levels: $92,000: Immediate support around the 50-day SMA, which aligns with a consolidation zone during the earlier stages of the rally. $89,000: A secondary potential support just below the 50-day SMA. $73,835: Major breakout level from the prior range and a strong support zone if the correction deepens. Key Resistance Levels: $99,860: This level, previously a support, has flipped to resistance following the breakdown. $108,300: Recent high and critical resistance, acting as the upper boundary for potential continuation. Volume: The recent sell-off has occurred on elevated volume, confirming active selling and validating the correction. Moving Averages: The 50-day SMA (blue line) is currently around $92,000, providing immediate dynamic support. The 200-day SMA (red line) sits significantly lower, near $72,000, reinforcing long-term bullish structure. Interpretation: Bearish Signals: The bearish divergence on RSI has played out, leading to the breakdown below $99,860. Price is testing the 50-day SMA at $92,000, a key short-term support zone. Support Zones to Watch: $92,000 (50-day SMA): Critical for maintaining the short-term bullish trend. A strong bounce here would be encouraging. $73,835: Long-term support level, aligning with the breakout zone from earlier in 2024. A breakdown to this level would still preserve the macro bullish structure. Potential for Reversal: To resume its uptrend, Bitcoin must reclaim $99,860 and hold above it. A strong bounce from the 50-day SMA would reinforce bullish sentiment. Scenarios: Bullish Case: Bitcoin holds the 50-day SMA at $92,000, forms a higher low, and begins to climb back toward $99,860. A reclaim of $99,860 with increasing volume would target a retest of the $108,300 high and potential continuation. Bearish Case: If Bitcoin fails to hold $92,000, the next logical support is around $89,000, followed by a deeper correction to $73,835, which would still align with the broader macro bullish structure.
COINBASE:BTCUSD
by ScottMelker
2
GBP/USD Analysis: Pair Recovers from 7-Month LowGBP/USD Analysis: Pair Recovers from 7-Month Low The GBP/USD pair dropped below the psychological level of 1.25 today, a level last seen in early May. Over the past two days, the pair has declined by more than 1.5%, driven by central bank decisions. On one hand, the US dollar strengthened after the Federal Reserve chair's comments on Wednesday, hinting at potentially higher interest rates in 2025. On the other hand, the pound weakened on Thursday after news from the Bank of England (BoE). According to media reports: → The BoE kept the interest rate unchanged. → Market expectations for the BoE's February decision are putting additional pressure on the pound. Technical analysis of the GBP/USD chart reflects a continuation of bearish momentum, with the pair moving within a descending channel: → In mid-December, the price broke below the lower boundary of a narrowing triangle (highlighted in blue), signalling the potential resumption of the downtrend. → Around the same time, trading was concentrated near the 1.265 level. Despite repeated tests of this level, it seems that the bears took control. Looking ahead, the pair may consolidate near the channel’s median line as the year comes to a close, with this zone acting as a balance point between supply and demand. Stronger directional moves might materialise in 2025. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
2
Super Simple Buying and Selling Stocks within TradingView.With the market pulling back nearly 14% over the past few days, I decided to take a punt on a potential recovery. I've opened a position in TQQQ , a 3x leveraged ETF tracking the Nasdaq 100 (top 100 tech stocks). In this post, I show how easy it is to place an order using a connected TradingView broker—in my case, TradeStation—and set up a bracket order with a take-profit and stop-loss. If the trade moves against me, the stop-loss automatically manages my risk by closing the position. If it moves in my favor, the take-profit ensures I lock in gains and exit automatically. Of course, these levels can be really easily adjusted manually as the trade progresses, providing flexibility as the stock moves. You could choose to set your levels based on your favorite indicators signals or some other means. This isn’t trading advice—just an example of how you can leverage TradingView’s functionality. It’s real money on the line—my money—so wish me luck! That said, the market could still head lower with ongoing Fed FUD, but I’m holding out hope for a little help from Santa. 🎅
NASDAQ:TQQQEducation
by zAngus
1
Ethereum is getting ready for a bull run !Ethereum appears to be forming a large triangle, with its wave D recently completed. We expect a trend reversal from the green zone, leading to a move toward $5,400 and $9,000. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
BITSTAMP:ETHUSD
by behdark
It Will Recover Faster Than ExpectedThe Altcoins are great now and the market will resume growing for sure; it will recover much faster than expected. There is something enticing about buying when the market is going up. There is something that pulls us to buy more and more when prices are high up and moving further up. But the problem with buying when the market is already up is that it can turn red the next day. What about buying when the market is down? What about buying when the market is red? There is something that pushes away from the market when it is trading near support. Something feels off and we don't want to look at it but that is the best time to buy-up, buy-in, rebuy and reload. The best time is now focused on all terms. Short-term, mid-term and long-term. Did you buy when prices were moving up, out of an impulse? Yes, it grows but it doesn't grow enough for us to sell. Buying when the market is down, near support, opens the door for great profits on the way up. The best time to buy is when prices are low. The best time to buy is when prices are red. Whatever strategy you are using, the time is now. See the Altcoins market, which one is your favorite pair? They will start within days, weeks or months; it can be a few days or it can be more; but the Altcoins market is going up. Since it is going to grow, it is wise to buy when prices are low. This is a friendly reminder. I am wishing you the best. Thanks a lot for your continued support. Thank you for reading. Your time and energy is appreciated. Namaste.
CRYPTOCAP:OTHERSLong
by AlanSantana
Tesla - We Will See The Four Digits!Tesla ( NASDAQ:TSLA ) is finally creating an all time high: Click chart above to see the detailed analysis👆🏻 After waiting for over four years, Tesla finally created a new all time high and with that, Tesla is also starting the next major parabolic rally. The triangle breakout which happened a couple of months ago was just the required technical catalyst, and now all things are simply very bullish. Levels to watch: $500, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
25
EURNZD Developing in a Large Range Trading MovementEURNZD Developing in a Large Range Trading Movement EURNZD is currently developing a significant range trading movement. The price has been oscillating between 1.7500 and 1.8500 for about 600 days, with a trading range of nearly 1000 pips, which is quite substantial. EURNZD has reached the top of the structure again, and it appears that the bearish trend may resume, as it has in the past. The price may not move immediately, but it is already in a critical zone. Support zones on the way down are located near 1.8250, 1.8090, 1.7830, and 1.7500. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
2
for short termINDIGO AVIATION BUYING RANGE - 4530 TARGET- 4790-5020+++ STOPLOSS 4100 Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its customers. IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircrafts.
NSE:INDIGOLong
by pushkar2536
1
NEIRO, might surprise everyone.NEIROUSDT / 1D Hello Traders, welcome back to another market breakdown. The meme coins market is showing strong bullish momentum in the current Crypto cycle, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for confirmation into the breakout zone for a more strategic entry. If the pullback holds and buying confirms, the next leg higher could target: 1- Lower quarter of the range 2- Mid of the range 3- New all-time high Stay disciplined, wait for the market to come to you, and trade with confidence! Trade safely, Trader Leo.
Long
by BTM-LEO
24
USDJPY Buyers In Panic! SELL! My dear friends, USDJPY looks like it will make a good move, and here are the details: The market is trading on 156.76 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 154.65 Recommended Stop Loss - 157.90 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
4
Tesla (TSLA) Breakdown Alert: Bearish Momentum Building Monday!Here’s a suggested plan for Monday based on the bearish setup: - **Entry:** Below $423 (confirmation of breakdown and bearish continuation) - **Stop Loss (SL):** Above $450 (to account for false breakouts) - **Target 1 (T1):** $388.96 (first major support level) - **Target 2 (T2):** $358.46 (secondary support level for extended bearish move) Why Chart Matters:** Charts visually represent price action and market sentiment, helping traders identify key trends, support, and resistance levels for informed decisions. Conclusion:** With Tesla breaking critical support, bearish momentum could dominate Monday's session, making risk management and strategic entries crucial.
NASDAQ:TSLAShort
by Xeeshan79
3