USD Index Poised for Breakout: Key Levels to WatchTVC:DXY USD Index Poised for Breakout: Key Levels to Watch
Analysis:
Price Action Strategy:
The BOS indicates a significant shift in market structure, suggesting a potential trend reversal.
The CHoCH further confirms the change in market sentiment.
Equal Highs and Equal Lows suggest areas of liquidity that the price might target.
Smart Money Concepts (SMC):
The FVG area is highlighted, indicating a potential area of interest where smart money might enter the market.
The price is currently consolidating near the FVG, suggesting a potential breakout.
ICT Strategy:
Fibonacci retracement levels (0.786, 0.705, 0.618, 0.5, 0.382) provide key levels for potential entry and exit points.
The RSI is hovering around the 50.30 level, indicating a neutral market sentiment but with potential for upward momentum.
The MACD shows a slight bullish divergence, suggesting a potential upward move.
Buy Strategy:
Entry: Near the current price level around 108.149, especially if the price breaks above the FVG.
TP1: 108.705 (Fibonacci 0.705 level)
TP2: 108.786 (Fibonacci 0.786 level)
SL: 107.847 (Fibonacci 0.382 level)
Sell Strategy:
Entry: If the price fails to break above the FVG and shows signs of reversal.
TP1: 107.928 (Fibonacci 0.5 level)
TP2: 107.847 (Fibonacci 0.382 level)
SL: 108.705 (Fibonacci 0.705 level)
Buy Signal:
entry: 108.149
tp1: 108.705
tp2: 108.786
sl: 107.847
Sell Signal:
entry: 108.705
tp1: 108.149
tp2: 107.847
sl: 108.786
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Supply and Demand
Investing in Health: Reasons Why Novartis AG Stock Stands OutIn an era where health is wealth, and the global healthcare sector is booming like never before, savvy investors are looking for opportunities that promise growth and a meaningful impact on people’s lives. Enter Novartis AG—a powerhouse in pharmaceuticals that’s not only redefining treatments but also setting new standards in innovation and sustainability.
A strong monthly demand imbalance at $97.13 per share has recently taken control. Expecting a decent reaction from this price level in the following weeks.
NQ Power Range Report with FIB Ext - 12/27/2024 SessionCME_MINI:NQH2025
- PR High: 22006.75
- PR Low: 21974.75
- NZ Spread: 71.5
No key scheduled economic events
Maintaining previous session range with little change
- Daily print advertising potential pivot high off ~22113
Session Open Stats (As of 12:35 AM 12/27)
- Weekend Gap: +0.07% (filled)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 346.51
- Volume: 14K
- Open Int: 243K
- Trend Grade: Bull
- From BA ATH: -2.1% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22667
- Mid: 21525
- Short: 19814
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
NZD/USD 4H Timeframe AnalysisNZD/USD 4H Timeframe Analysis
Trend Analysis:
The NZD/USD pair is currently in a downtrend, having broken below the major key support level at 0.57800. Sellers pushed the price further down, reaching the next minor key support level.
Following this move, a doji candlestick formation appeared, signaling indecision in the market. This was followed by a bullish engulfing candle, which suggests a potential reversal. However, due to the strong bearish pressure, the price is now consolidating between the two minor key levels.
Price Action Expectation:
The strategy focuses on identifying a liquidity grab below the minor key support level before continuing with the downtrend.
Wait for the price to break below the minor key support and accumulate seller orders below the key area.
Anticipate a manipulation stage where the price moves up temporarily to hunt stop-loss orders placed by sellers in the liquidity zone.
Wait for the price to resume the downtrend with another breakdown below the minor key support level.
Trade Setup:
Place a sell stop order at 0.56130 to confirm entry upon the second breakdown.
Stop Loss: Set at 0.56560, above the liquidity zone for risk management.
Take Profit: Target 0.54690, yielding a favorable 1:3 risk-to-reward ratio.
Key Levels to Monitor:
Major Support: 0.57800
Minor Support: 0.56130
Target Support: 0.54690
Additional Considerations:
Look for a clear rejection or bearish candlestick pattern after the liquidity grab.
Monitor volume levels during the breakdown to confirm selling pressure.
Stay cautious of fakeouts and ensure proper risk management.
Conclusion:
NZD/USD remains bearish as it consolidates within the minor key levels. A confirmed breakdown below 0.56130, following a liquidity grab, would signal the continuation of the downtrend. Targeting 0.54690 provides a compelling 1:3 risk-to-reward ratio, making this a high-probability setup.
PZone PRO ( Zone Buy or Sell )**PZone PRO Explanation**
🔹 **Overview**:
PZone PRO is an innovative trading tool designed to enhance your trading precision and save time. Using patented technology, PZone PRO analyzes financial markets to identify Un-Filled Orders (UFOs) and map these areas on your chart. By leveraging these UFOs, traders can determine precise entry points, stop-loss levels, and targets, providing a strategic edge in trading decision-making.
The PZone PRO indicator helps identify Demand and Supply zones on the chart by marking specific patterns. It searches for patterns such as Drop-Base-Rally and Rally-Base-Rally to mark Demand zones, as well as Rally-Base-Drop and Drop-Base-Drop to mark Supply zones.
🔹 **Key Concepts**:
- **Identifying Key Price Areas**: PZone PRO detects price areas with pending buy or sell orders.
- **Dynamic Visualization**: UFOs are illustrated as green zones (for buying) or red zones (for selling), highlighting potential price reversal points.
- **Precision Advantage**: This tool supports all trading styles (long-term, medium-term, short-term) and is suitable for hedging strategies.
- **Time Flexibility**: PZone PRO can be applied to various timeframes, from seconds to monthly intervals.
- **Benefits for Options Traders**: It aids in determining the ideal strike price and zones for selling out-of-the-money options.
🔹 **Key Features**:
- **Automatic Zone Analysis**: Assists in identifying Supply/Demand zones with accuracy.
- **Timeframe Flexibility**: Usable across various timeframes.
- **Customizable Colors**: Fresh zones and retested zones can be assigned different colors.
- **Built-in EMAs**: Includes 5 EMAs – EMA 200, 100, 50, 20, and a daily EMA 9 (adjustable as needed).
🔹 **Final Note**:
Trading carries high risks, and past performance does not guarantee future results.
PZone PRO helps identify hidden market opportunities but should be used with a solid understanding and well-thought-out strategy.
30minutes | Bitcoin | Analysis | 26/12/2024Asalam.o.alaikum (Hi) Community,
Hope you are fine and doing all of your great, so about yesterday analysis, we're measuring it's outcome today as we have ranging break because of Christmas, so we'll skip that move. So today we have seen only one IFC that run the recovery move. For now we have the following key levels:
Bullish
Simply, an IFC again required for corrective move, breaking up the Hammer at the Minor Character Changing level. Otherwise market continue bearish structure.
Bearish
Market is overall bearish as i told you yesterday, so volume is required for the bearish players. Exactly, volume can came from the bulls, so that's why bear welcoming bull to capture and hunt him, I mean trapping the bull's, sweeping SL's and show the powers.
I hope you understood my views about the market. Let's measure the upcoming move together.
Cheers,
Thanks!
Intikhab Gillani MOCHH
Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan)
26/12/2024
AUD/CHF 4H Timeframe AnalysisAUD/CHF 4H Timeframe Analysis
Trend Analysis:
On the 4-hour timeframe, AUD/CHF remains in a downtrend, with price initially retesting the minor key support at 0.55900 before moving upward and breaking the minor key resistance at 0.56600. Following this move, price entered a consolidation phase, likely accumulating buyer orders.
However, a break below the minor resistance signaled a manipulation stage or liquidity grab, targeting stop-loss orders. Sellers maintained control, pushing the price further down and eventually breaking through the minor key support.
During the breakout, we observed seller accumulation around this level, indicated by increased volume. Yet, the price rebounded, liquidating stop-loss orders placed by sellers.
Price Action Expectation:
With liquidity already formed, the next step is to wait for the price to break below the minor key support again, confirming bearish momentum:
Entry Plan:
Place a sell stop order at 0.55800 to confirm entry upon breakout.
Stop Loss: Set at 0.56200, above the liquidity zone for effective risk management.
Take Profit: Target the support at 0.54600, providing a 1:3 risk-to-reward ratio.
Key Levels to Monitor:
Support Zone: 0.55900
Resistance Zone: 0.56600
Additional Considerations:
Watch for bearish candlestick formations and increased volume as confirmation of the breakout.
Monitor for potential fakeouts or retracements before the price resumes its downward move.
Conclusion:
AUD/CHF exhibits strong bearish potential as the price approaches the minor support level at 0.55900. A confirmed break below 0.55800 would signal the continuation of the downtrend, targeting 0.54600 for a favorable 1:3 risk-to-reward ratio. Stay vigilant for market manipulations or liquidity grabs before executing the trade.
Short trade
Entry 5min TF
Thu 26th Dec 24
11.55 am (POI) reached
Entry 96571.9
Profit level 94499.6 (2.15%)
Stop level 96828.5 (0.27%)
RR 8.08
Reason: Bearish momentum observed now indicates a sell-side trade since the point of interest zone was reached. The target demand zone is highlighted in green.
Market stability indicates a sideways trading pattern with poten, we can describe the current movement as forming a consolidation or forming a sideways channel. This is an indication of the stability of the market and perhaps entering a period of accumulation before continuing the previous main trend (bullish or bearish)
Indicates a buy
The price is at the beginning of the trend stability, as it recovers and searches for the best high points, which in turn are key, in forming the wide channel,
As the price indicates stability above the $2620 areas
So now we can confirm the price's commitment to move, and search for other specific resistances, in the sideways trend formation phase,
Example of new areas; $2671 and $2681
After these areas are broken, there will be,
A zone between $2740 and $2720, this area is considered (resistance) and the lower area is $2700 and $2676, which is considered a support area
Before continuing the trend to the $2800 area, this is considered a downward area and the beginning of the formation of the last stage of the sideways trend
THE KOG REPORT - UpdateQuick update from us here at KOG:
We're taking it easy over the festive period, however, we've still hit a couple of nice gold longs today with Excalibur and the red boxes guiding us.
We would suggest caution here as we're in the order region so expect there to be some ranging into the close today. Support stands below at the the 2627-5 region with price above looking like it wants to test the Red box resistance if broken.
2640-45 is now a key level!
As always, trade safe.
KOG
ETH) vs USD Expert Price Action Strategies for Maximum Gains!BITSTAMP:ETHUSD
ALEXGOLDHUNTER Chart Analysis: Ethereum (ETH) vs US Dollar (USD) on Bitstamp (1-Hour Timeframe)
Key Levels and Structures
Break of Structure (BOS): Indicated by significant price levels where the market structure has been broken. These levels are crucial for identifying potential support and resistance zones.
Change of Character (ChOCH): Indicates a potential reversal in the market trend. Areas where the market sentiment might be shifting from bullish to bearish or vice versa.
Fibonacci Retracement Levels
0.382: 3286.0466
0.618: 3327.6543
0.705: 3342.9915
0.786: 3357.2718
Volume Profile
The volume profile shows trading activity at different price levels. Higher volume bars indicate strong interest and potential support/resistance zones.
RSI and MACD Indicators
RSI: Currently at 50.69, suggesting a neutral market condition.
MACD: Value of 6.2, with the signal line at -9.6 and the histogram at -15.9, suggesting a potential bullish crossover if the MACD line crosses above the signal line.
Buy Strategy
Entry Point:
Look for a bullish reversal pattern or strong bullish candle near the support level around 3286.0466 (0.382 Fibonacci level).
Confirm the trend reversal with a Change of Character (ChOCH).
Stop Loss:
Place a stop loss below the recent swing low to minimize risk.
Take Profit:
First target at the 0.618 Fibonacci level (3327.6543).
Second target at the 0.786 Fibonacci level (3357.2718).
VIP Signal Format (lowercase)
entry: 3286.0466 (buy) tp1: 3327.6543 tp2: 3357.2718 sl: Below recent swing low
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Trading cryptocurrencies involves significant risk, and you should consult with a qualified financial advisor before making any investment decisions. Always conduct your own research and due diligence before entering any trade.
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Bitcoin to $120,000 or $75,000?The chart was created by identifying the true support and resistance levels for Bitcoin since October 2023. There are several strategies to profit between support and resistance. Let’s move to the price analysis and see what awaits us in the coming days. According to the Volume Profile. There are important price levels on the chart, and the current price is close to the support line. We also have a strong support line at 92,576 - 90,510. However, there is a large negative price gap known as (BlackHole). When the price enters this gap, it will be pulled to the price of 76,869 without mercy. Now we are at an important price, and it is likely that a new peak in Bitcoin will be reached at 120,000 - 130,000.
Trading markets carry significant risks, and this is not financial advice but a technical analysis. We will see its results in the coming days. #To_The_Moon
Everything mentioned above will only come to pass In sha Allah.
Swiss Franc Index (SXY) & Swiss Franc PairsAs a safe-haven currency, the Swiss Franc (CHF) retained its strength throughout 2024, even as rate cuts from the Swiss National Bank (SNB) encouraged temporary rebounds by other currencies. Despite these rate cuts, the Franc maintained a bullish trajectory, targeting a key supply zone near the 122 level. We expect this region to act as a resistance point, triggering bearish order flow towards the close of Q1 2025.
The CHF’s resilience makes it a currency to watch, particularly in risk-off environments or during geopolitical uncertainty.
________________________________________
RONIN buy setup (1D)It seems to be forming a large triangle.
The final wave of this triangle (wave E) could complete in the green zone.
We are looking for BUY/LONG positions in this green zone.
Targets are marked on the chart.
Closing a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trading Plan: WTI Crude OilBased on my proprietary indicators, I maintain a bearish view on WTI Crude Oil. I am anticipating a downside target of ₹5800 (target open until 15th January 2025).
Current Position:
Holding short positions in MCX Crude Oil January 2025 expiry futures from ₹6025 levels.
Intend to add more shorts if prices move to higher levels.
Risk Management:
Stop-loss and risk parameters are carefully planned but not disclosed here for strategic reasons.
Position sizing is aligned with my overall risk appetite and trading capital.
Disclaimer:
This trading plan represents my personal views and trading decisions and is shared for informational purposes only.
Trading in crude oil futures involves significant risk and may not be suitable for all investors.
Readers should not consider this as financial advice and must conduct their own research or consult with a certified financial advisor before making any trading or investment decisions.
Past performance of proprietary indicators is not indicative of future results.
Master Gold Trading with Precise Price Action Strategies!FXOPEN:XAUUSD
Alexgoldhunter Chart Analysis: CFDs on Gold (US$/OZ) 1-Hour Timeframe
Current Market Structure
Current Price: $2,623.689
Resistance Levels:
2,650.000 USD
2,645.861 USD
2,635.056476 USD (0.786 Fibonacci level)
2,629.61603 USD (0.705 Fibonacci level)
2,623.775288 USD (0.618 Fibonacci level)
Support Levels:
2,615.847 USD (0.5 Fibonacci level)
2,607.921412 USD (0.382 Fibonacci level)
2,588.000 USD
2,578.000 USD
Indicators
RSI: 63.41 (indicating neutral to slightly bullish sentiment)
MACD: Shows bullish momentum with the MACD line above the signal line
Volume Profile: High trading activity around $2,700, indicating strong support/resistance zones
Buy Strategy
Confirmation:
Look for bullish candlestick patterns (e.g., hammer, bullish engulfing) near the 0.5 Fibonacci level ($2,615.847 USD).
Ensure RSI remains above 50, indicating bullish momentum.
Entry: Enter a buy position around the 0.5 Fibonacci level ($2,615.847 USD).
Stop Loss: Place a stop loss below the next support level at $2,578.000 USD to manage risk.
Take Profit: Aim for a 2:1 risk-reward ratio, targeting around $2,645.861 USD (resistance level) and $2,650.000 USD.
Sell Strategy
Confirmation:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) near the resistance levels around $2,650.000 USD.
Ensure RSI remains below 50, indicating bearish momentum.
Entry: Enter a sell position around the resistance level at $2,650.000 USD.
Stop Loss: Place a stop loss above the strong resistance level at $2,655.000 USD to manage risk.
Take Profit: Aim for a 2:1 risk-reward ratio, targeting around $2,615.847 USD (0.5 Fibonacci level) and $2,607.921412 USD (0.382 Fibonacci level).
VIP Signal Format
entry: $2,615.847 USD tp1: $2,645.861 USD tp2: $2,650.000 USD sl: $2,578.000 USD
This analysis uses price action techniques to generate a structured buy and sell strategy for CFDs on Gold (US$/OZ). If you need further details or adjustments, feel free to let me know! 📈😊
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