XAU Weekly - BearishThis Week we Say OANDA:XAUUSD was Super Bullish, But is It?
gold has Engineered Liquidity up and Down, I believe its going up to Hit Retail Stop loss and then Revert to go Down .
I have noted Levels that I am interested in Chart
Another Confirmation : If you Check #Gold Seasonality, Normally OANDA:XAUUSD is Bearish in October and November !
Disclaimer : this is Just Technical Analysis, You Should never use this information for real Trading, Do your own Research.
Sincerely,
Sobhan JTN
Seasonality
Nasdaq is about to tank 10% or more
13088 -- shorted 2 micros. Should be able to make nearly $10,000 on this trade.
The Nasdaq falling to this level is nearly an inevitability at this point. There is no other logical move. There is no other possible scenario. This is happening. Period.
CME_MINI:NQ1!
USDJPY longprice have shown a huge drop on friday before market close, market opened and saw this trade after TOKYO sesh open, price made a nice FVG zone on 15min TF and thats a great enter for long to fill out the imbalance im expecting the price to fly this monday, if you dont like limits you can wait for a great confirmation on a lower TF like 5min or 1min chart
Bitcoin oversold by RSI 👀Are we now headed for correction or continued growth?
In the moments between the bottom and the halving, this period also often coincides with the accumulating phase, where CRYPTOCAP:BTC enters the oversold rsi, which is accompanied by a local peak or midcycle peak as in 2019.
💡From the point of view of RSI, our situation is more similar to the period before the halving in 2016. Also, at this moment, the price breaks through the baseline on the Kaltner channel and for some time consolidates above it.
Closer to the halving, it goes to the next zone, in our case, such a zone can be 40k+↗️
VNINDEX long term plan (2024-Q4 to 2025-Q2)This is my idea about VNINDEX long term plan.
Time range: 2024-Q4 to 2025-Q2.
- Expected to continue its upward trend in Q4 2024, reaching a new record high of 2,000 points by the end of the year, driven by strong earnings growth, low interest rates, and positive market sentiment.
- In Q1 2025, the VN-Index may face some correction and consolidation, as investors take profits and adjust their portfolios for the new year. The index may fluctuate between 1,800 and 2,100 points, depending on the macroeconomic situation and global events.
- In Q2 2025, the VN-Index may resume its rally, supported by the recovery of the tourism sector, the acceleration of the vaccination program, and the implementation of new infrastructure projects. The index may surpass 2,200 points by the end of the quarter, setting a new historical milestone.
The Information is not an finance advice.
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Bitcoin History Rhymes 📝However if you look at how the price broke out of the supertrend baseline in 2020, you can say that history repeats itself.
In both cases, a year passed from the bottom of the cycle, and the price consolidated for some time below the trend line. Then a 20% breakout↗️
What's next? Will the rhyming continue and we will fall like in 2020? I think not, this poetry is over. Although some correction and retest of the 30k zone is possible, such falls as during the censored crisis are not expected. Here you can start looking for some rhyme with the cycle of 2016.👀
Gold 15m 27th OctoberAs we approach the end of October, gold is very strong. Currently consolidating in the top of the range.
I am expecting there to be a break of the recent high.
Once this high is taken we can look for potential pullbacks in gold.
in a couple of weeks we have US rates release, its typical of gold to rally in the approach to this.
Taking longs from each break of structure in the bullish direction is high probability
Update BTC 26/10Update BTC 26/10
BTC has gone through the wave of increasing from 25,000 to 35k, and has been distributed for 3 days, now there is a signal to confirm the adjustment reduction, let's sell BTC from 34k to 30k, good luck, I have closed a part. at 35k, and still holding a buy order of 25k, this idea is just to sell a correction
Crude Oil - Correction? Or Change in Trend?The December Crude oil contract has endured a precipitous drop in the past three trading sessions - falling nearly $7 per barrel. Is this just a correction? Are we in the midst of a trend change?
The Bullish Case:
Crude gapped higher on Monday, October 9th, following the start of the conflict between Hammas and Israel, and the geopolitical risk surrounding the situation served as a bullish catalyst for the crude oil contracts. A primary reason for the rally was anticipated escalation in the conflict, which has yet to materialize - causing the rally to stall. However, the risk of escalation still remains. Third party involvement from other nations or interest groups has the propensity to push crude oil prices even higher than the initial rally following the onset of the conflict.
The Bearish Case:
The winter months are typically not very kind to crude oil prices. Demand for crude oil wanes as consumers are usually more sedentary during the winter months. The seasonal chart below displays the 5, 10, and 15 year average tendencies for the December Crude Oil contract. Over each of those periods, crude oil prices trended lower from mid-October through November. If escalation does not materialize, it is likely that crude oil will continue to move lower.
How Will We Know?
In order to keep the uptrend intact, December crude oil will have to defend its recent low around $80/bbl. A turn higher ahead of that point will be a strong indication that crude will buck seasonal tendencies and continue higher. A failure to defend $80/bbl likely indicates that prices will continue to move lower.
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AUDUSD Seasonality for October is 50/50The Seasonality of AUDUSD is showing average 50/50 the Aussie will out performe the USD during October, during this moth if the sentiment will shift to a less hawkish #Fed and traders start to price rate cutt by the US central bank. The AUD could surge up to 5% vs the #usd.
During the past 10 years AUDUSD performance was like this
Gains
5 gaining Oct in 10yr, Average Profit +1.87% and Max Profit +3.53%
Losses
5 lossing Oct in 10yr, Average Loss -1.65% and Max Loss -2.41%
See the full data on this link:
twitter.com
BTC/USD: Bull Market Confirmed! Here's What's NextAfter careful analysis, it's clear we've entered a bull market for BTC.
The global correction wave 4 concluded in November 2022, and the recent price actions offer confirmation. Here are the key takeaways:
The trend from 23rd November 2022 presents as a robust bullish impulse.
All impulse waves and corrections looks nice and well-balanced.
The waves within this trend are well-proportioned and align with various Fibonacci levels.
It's almost too good to be true!
We're currently riding wave 5 of the initial bullish impulse. Expect bullish momentum to persist until the end of November. Following that, prepare for a retracement back to the ~$25000 region before we launch into a massive bull run for 2024!
#Bitcoin Bear Trap on DSS 🐻In the last DSS post, I said when the moving averages enter the overbought zone🟩 on the Double Smoothed Stochastic oscillator, we get a red month candle. After that, the morning star pattern will mostly appear, which surpasses the drawdown (as in 2020).
And so it happened, we can see the number of bears who have caught on to this and are now very sorry looking at their negative PNL.
What's next? Historically, barring black swans, the market started to rise smoothly from this point. ↗️ This is also positive for altcoins. Who does not know what is better to buy now, so I recommend taking a closer look at my indicators for altcoins
Quick update on CB rat raceAs you citizens can see we've found a mistake in our earlier analysis, we are apoligising for this. We think that during summer of 1998 Russian Federation stepped into fx trading big time and move cycles towards bigger and longer planning. So as you have guessed this is a game of sharade about who is planning longer and who is taking gaps. Thank you and see you later, have a good working week guests.
Holding Previous Lows I have draw the important level of support that must hold at any cost.
If bulls are not able to defend this level next week, then there is lot of room for downside.
Support range is from 14,700 to 14,650
For remember this is seasonal strong period so there is a very high chances of us NOT FALLING and rallying through a long slow CHOP
NQ Framing: anticipating seasonal LowHello everyone,
We have had a bearish weekly bias and have continued downward today crossing an important level.
As shared previously, I have been watching these levels in case we get a new low for October, surpassing the earlier one, signaling the seasonal low for Q4.
We are very close to breaking that level. Rarely do you come this close to an important level without reaching it.
I would like to see 14586 broken, for a new low.
There ARE levels below that, and of course anything is possible.
However, I will consider the break of 14586 the seasonal low for this quarter, unless
convincing signs of further downside occur.
Important to note we are framed by a weekly gap above and below- there is a lot of room between this range.
I will be looking for daily moves between those for now.
Have a great weekend!