Supply_and_demand
Buy EURUSD / 4HBuy
Entry: 1.09090 (Now)
Stop: 1.08599
TP1: 1.09909 (RR = 1.5)
TP2: 1.10794 (RR = 3.2)
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5 biggest gains in Nasdaq 20232023 has been a thrilling year in the financial markets with fears of a recession with rising inflation and continued interest rates hikes, WHAT A YEAR! but even with the trials and tribulations many investors have faced sailing the deep seas on the financial markets here are the top 5 biggest one-year percentage gains on the NASDAQ Exchange 2023 :
1. Jin Medical International (ZJYL) - Medical sector, surgical appliances and supplies industry.
this Changzhou, China based cooperation provides manufacturing of wheelchairs and other health-aid products for disabled and elderly people worldwide, with gains of +389.2%
2. NextPlay Technologies (NXTP) - Consumer Discretionary sector, Business services industry.
this company operates in 3 segments : media, travel and FinTech providing games, in-game advertising, digital asset products and booking services to residents of U.S, Puerto Rico, Europe and Thailand but is based in Sunrise, Florida, with gains of +152.8%
3. Invivyd (IVVD) - Medical sector, Biological products industry.
this company delivers antibody-based therapies that protect vulnerable people from viral infectious diseases starting with SARS-CoV-2. headquartered in Waltham, Massachusetts. it has gained +138.0% for year 2023.
4. Compugen (CGEN) - Medical sector, Biological products industry.
it is a clinical-stage therapeutic discovery company with product testers in Israel, U.S and Europe and it's headquarters in Holon, Israel with one-year percentage gains of +122.4%
5. Sphere 3D (ANY) - Computer and technology sector, Software-Application industry.
this is a carbon neutral bitcoin mining company with enterprise data-services experience.
it is based in Greenwich, Connecticut with gains of +106.0%
merry Christmas to all investors and traders on @TradingView . it's all love, this is @currencynerd signing out for the year. to more and more knowledge sharing in 2024.
GOLDEN STAR|GOLD falling from the resistance zoneAccording to yesterday's analysis, gold tested the resistance zone again.
-If it can cross its dynamic level, we expect it to reach the support levels indicated on the chart.
-By breaking the dynamic line, we can enter the sale ORDER.
EURUSD) bearish on the market) analysis)💥💯💯The US dollar fell against its major trading partners early Thursday ahead of a trio of economic releases at 8:30 am ET.
The third estimate of Q3 gross domestic product is scheduled for release at 8:30 am ET, at the same time as weekly jobless claims and the Philadelphia Federal Reserve's manufacturing reading for December.
Later, the Conference Board's leading indicators report for November is due at 10:00 am ET, followed by weekly natural gas stocks data at 10:30 am ET and the Kansas City Fed's manufacturing reading at 11:00 am ET.
A quick summary of foreign exchange activity heading into Thursday:
USDEUR
rose to 1.0982 from 1.0943 at the Wednesday US close and 1.0937 at the same time Wednesday morning. There are no EU data on Thursday's calendar but European Central Bank policy board member Philip Lane is scheduled to speak at 11:00 am ET. The next ECB meeting is set for Jan. 25.
GBPUSD
rose to 1.2663 from 1.2639 at the Wednesday US close and 1.2655 at the same time Wednesday morning. The UK CBI distributive trade survey showed expectations of a large contraction in retail spending in December, data released overnight showed. The next Bank of England meeting is scheduled for Feb. 1.
USDJPY
fell to 142.6838 from 143.5636 at Wednesday US close and 143.4100 at the same time Wednesday morning. There were no Japanese data released overnight. The next Bank of Japan meeting is scheduled for Jan. 22-23.
USDCAD
fell to 1.3343 from 1.3368 at the Wednesday US close but was up from a level of 1.3338 at the same time Wednesday morning. Canada retail sales and average weekly earnings data for October are scheduled to be released at 8:30 am ET. The next Bank of Canada meeting is set for Jan. 24.
GBPUSD Continuing Bullish Momentum?The daily is still in a bullish pullback and it will probably continue to move upwards until it finds a strong supply area. Most likely at the 1.28500 area.
We can take advantage of this move by looking at the LTF and finding demand areas so we can take longs from.
GOLDEN STAR|EURUSD pullback from support and breaking resistance-The Eurusd has experienced a price decrease after reaching the resistance area and it is expected that the buying pressure will increase after reaching its support level.
-My idea is that it has a return from the support level and strongly breaks the resistance level ahead.
-With the breaking of the resistance level and pullback to the same area, the price is expected to reach the next resistance level which is the level of 1.1088.
-Share your opinion in the comments, and support the idea with a like. Thanks for your support!
GOLD/XAUUSD BEARISH Gold has topped up it major level creating a HH after Wide grab of previous BUYSTOPS and Closed below the invalidation level(buystops line). According to my speculation GOLD is likely to drop drastically after clearing its mitigated orders since price moves into wave cycles and liquidity grab. I kept my eyes on the Fibo ratio level (61.8) .
PLEASE COMMENT FOR YOUR VIEWS
XAUUSD|The last weekly view of the gold market in 2023-According to the previous view that we had, gold moved according to our expectations and reached the considered resistance area, which has also had reactions to this area.
-My idea for the movement of gold in the coming week is that even though it could not break the resistance zone ahead.
Gold can reach the prices of 2040 and 2032.
-Traders, if you liked this idea or if you have your own opinion about it, write in the comments.
ETHEREUM|CAN start grow to next level $2500-In order to continue its upward trend, Ethereum needs to test its support levels again and fall to the prices of $2,230 and $2,145.
-But considering its upward trend, we expect it to continue its upward trend after reaching its support levels and achieve the $2400 and $2500 targets.
-Like and comment if you agree with our idea!
BITCOIN can continue its BULLISH trend-By reaching the resistance area of 43500-44000, Bitcoin may lose some of its momentum.
To collect more and more powerful liquidity to break this resistance area, it is possible to return to the support area of 42750.
-By reaching this support area, it gains more strength and momentum to continue its trend and goes up to the level of 46000.
XAUUSD BUY & SELLHello Friends,
In this analysis as always i have multiple areas of sell and buy. To begin with currently price is at area 31 which is a buy side level, just below it exist level 26 which is also a potential winner. should price go up level 39 -42 is a supply zone and just above it there is a QM level which price reacted to yesterday and it would be second reaction(risky).
* As always make sure you pay attention to the news which is going to be published later this afternoon. *
Be honorable
BIGTIME Speculative Play: Riding the Waves of Wave Structure! 🌊Introduction: 🌐 Brace yourself for a speculative journey with BIGTIME! The trader is eyeing potential opportunities as the coin forms a wave structure, currently undergoing a correction in the fourth major wave. Let's dive into the details of this speculative play.
Trade Plan: ✅ The trader plans to speculatively accumulate BIGTIME, perceiving the coin's formation of a wave structure and correction in the fourth major wave. The anticipated decisive turnaround is expected around the $0.472 level, marked by the 0.618 Fibonacci retracement.
Technical Analysis: 📊 Analyzing the chart, BIGTIME appears to be in the process of forming a wave structure, currently undergoing correction in the fourth major wave. The trader identifies the $0.472 level, corresponding to the 0.618 Fibonacci retracement, as the potential point for a conclusive reversal and the initiation of the fifth impulsive wave.
Risk Management: 🚨 Acknowledging the speculative nature of the trade, the trader suggests placing a stop at approximately $0.399 (below the moving average). This measure aims to mitigate risks associated with the speculative play.
Targets: 🚀 The trader has outlined potential targets on the chart, providing a visual guide for prospective gains. Entry into the trade will be executed through a single limit order.
Conclusion: 🌟 BIGTIME beckons speculative traders to ride the waves of its evolving structure. With a strategic entry around $0.472 and risk management in place, this play aims to capture potential gains as the coin moves towards the fifth impulsive wave. Get ready for a speculative adventure with BIGTIME! 💹🚀
UNFIUSDT: Riding the Trend Waves with a Long Position! 🚀💹Introduction: 🌐 Uniswap (UNFI) enthusiasts are gearing up for a potential bullish ride! The trader has initiated a long position from $7.837, with a stop-loss set at $7.792. Let's delve into the details of this trade on the 30-minute timeframe.
Trade Details: 💰 The long position (#UNFIUSDT) takes off from $7.837, secured by a stop-loss at $7.792. The decision is supported by the coin forming distinct local resistance levels, marked by clear touches and the accumulation of participant stops. The compression along the trendline indicates the presence of limit buyers keen on updating the highs.
Technical Analysis: 📊 Zooming into the 30-minute timeframe, UNFI has shaped several local resistance levels with evident touches and the stacking of stops. The compression along the trendline signals the presence of limit buyers, indicating interest in pushing for new highs.
Expectations and Strategy: 🎯 The trader contemplates a gradual approach, navigating along the levels and increasing trading volumes ahead of the breakthrough.
Trade Target: 🚀 The primary goal is to ride the trend waves, capitalizing on the compression along the trendline and achieving potential profits as UNFI aims for new highs.
Conclusion: 🌟 UNFIUSDT invites traders to join the journey of potential gains. Prepare for a bullish ride, watch for compression along the trendline, and get ready to surf the waves of upward momentum! 🚀💹
SOL Analysis: Navigating the $100 Milestone! 🚀💯Introduction: 🌐 Solana (SOL) has made an impressive journey, surging beyond the crucial $78 resistance and reaching the psychological milestone of $100. While breaching $100 remains a challenge due to profit-taking expectations, the analyst anticipates potential pullbacks from this level.
Key Levels: ❗️ The immediate focus is on solidifying above $80, ensuring a sustained upward bias. Maintaining this level is crucial for preserving the bullish outlook. Despite the struggle to breach $100, pullbacks are expected, given the profit-taking sentiment among many traders.
Short-Term Outlook: ⚠️ The primary goal is to establish SOL comfortably above $80, and ideally, surpassing $100. This strategy aims to secure an ascending priority, setting the stage for continued growth once profit-taking subsides.
Medium-Term Targets: 🎯 With a successful breach of $100, the analyst eyes medium-term targets at $120 and $140. These milestones appear achievable in the coming months, given the current positive trend.
Conclusion: 🚀 Solana enthusiasts are advised to closely monitor SOL's price action. The immediate focus is on consolidation above $80, with an optimistic outlook for breaching $100. As profit-taking stabilizes, the trajectory points towards $120 and $140 in the medium term. Stay tuned for further developments! 💹🌟
XRPUSDT: Ripple Effecting a Bullish Surge! 🚀💹Introduction: 🌐 Get ready for a ripple effect in the crypto markets with XRPUSDT! Traders are diving into a long position from $0.624, as the price transitions from a prolonged upward movement to a consolidation phase, marked by a bullish structural break. Let's explore the details of this potential surge.
Trade Details: 💰 The long position (#XRPUSDT) sets sail from $0.624, anchored with a stop-loss at $0.6. The rationale behind this move is the price's shift into a consolidation phase after a sustained upward movement, with an observable bullish structural break (BOS).
Technical Analysis: 📊 Zooming into the 1-hour timeframe, XRPUSDT has entered a consolidation phase, within which a bullish structural break (BOS) is apparent. The trader anticipates a continuation of the upward movement from current levels, aiming for a breakthrough and consolidation above the descending slope.
Expectations and Strategy: 🎯 The trader expects a 7.5% potential market movement, excluding leverage, as the price aims for a breakthrough and secure consolidation above the descending slope.
Trade Target: 🚀 The primary goal is to ride the ripple effect, capitalizing on the potential bullish surge and achieving a net market movement of 7.5%.
Conclusion: 🌊 XRPUSDT invites traders to ride the wave of potential profits. Prepare for a bullish surge, watch for the breakthrough and consolidation, and get ready to experience the ripple effect in the crypto markets! 🚀💹
YGGUSDT: Blooming from Support, Riding the Bullish Wave! 🚀🌺Introduction: 🌐 Get ready for a vibrant ride in the crypto garden with YGGUSDT! Traders are diving into a long position from $0.386, as the asset bounces off a support zone. Let's explore the blossoming details of this bullish trade.
Trade Details: 💰 The long position (#YGGUSDT) blooms from $0.386, with a stop-loss set at $0.344. The rationale behind this move lies in the asset's rebound from a support zone, with expectations of a buyer's reaction.
Technical Analysis: 📊 On the 1-hour timeframe, YGGUSDT has gracefully bounced from a support zone, creating a scenario where the trader eagerly awaits a buyer's reaction. With increasing volumes in the order book, the anticipation is high for a breakout and subsequent movement towards a test or crossover, leading to a journey into the liquidity zone.
Expectations and Strategy: 🎯 The plan unfolds with entering the position at the current price or at $0.386. With the potential for one averaging down at the trader's discretion, it's a bullish cross into promising territory.
Trade Target: 🚀 The trader anticipates a breakout and subsequent movement towards testing or crossing over, riding the bullish wave with the aim of reaching liquidity zones.
Conclusion: 🌺 YGGUSDT offers a blossoming opportunity to ride the bullish wave. Traders, gear up for a colorful journey into potential profits as you navigate the vibrant crypto garden! 🚀🌈
Sell GBPJPY / 4HSell
Entry: 183.177 (Now)
Stop: 184.838
TP1: 180.648 (RR = 1.5)
TP2: 177.627 (RR = 3.3)
SHORT TERM OPPORTUNITY IN CAPITAL TRUST_35% UPSIDEOn a day where almost every stock seemed to tumble, CAPTRUST managed to pull off a bullish stunt. The stock closed with a +15% gain along side 15 times surge in daily volume.
The weekly chart of the stock shows us that the stock managed to pierce above an18 months old active supply zone.
Since Jul 2022 the stock has been attempting to move beyond the INR 110 mark but failing to do so.
For the past 4 months the stock had been trading in a tight range of INR 90-110 waiting for the right time to clear above 110 mark, which it did on Wednesday's session.(AND HOW!!)
What should now be expected from the stock is that it will now head towards the INR150-160 zone to test the new supply as the old supply zone has been successfully conquered.
CMP 113.15
SL 98
TARGET 155
RR 1:3
