Support and Resistance
NICE SUPPORT, HOLD UNTIL 194. PREVIOUSLY GIVE PROFIT ALREADYThis Weekly FORECAST
Opportunity for NVDA. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
PLTR DONE HIT TP1, NOW I TARGET TO HOLD UNTIL....This Weekly FORECAST
Opportunity for PLTR. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
WLDUSDT: Ready for a Bullish Surge from Key Support?Yello Paradisers! WLDUSDT is maintaining a bullish market structure and respecting the supportive trendline, which increases the probability of a bullish move.
💎If WLDUSDT approaches the key support zone aligned with the supportive trendline, or if it forms bullish patterns like a bullish Internal Change of Character (I-CHoCH), W-pattern, or Inverse Head & Shoulders on lower timeframes, it will further increase the likelihood of a bullish continuation.
💎In the case of a retracement or panic selling, a bounce from the strong support zone is anticipated. However, to strengthen the probability of a reversal, confirmation via a bullish I-CHoCH on lower timeframes is essential.
💎However, if the price breaks down and closes a candle below the strong support zone, it will invalidate the bullish outlook. In such a scenario, it would be wise to remain patient and wait for a clearer price action to develope.
🎖Stay disciplined, Paradisers. The market rewards patience and strategy, not impulsiveness. Stick to your plan, wait for confirmations, and approach every trade like a pro.
MyCryptoParadise
iFeel the success🌴
JCY WAITING BREAKOUT, VOLUME STILL HAVEThis Weekly FORECAST
Opportunity for JCY. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
FORECAST GOLD FOR 2025This FORECAST for GOLD 2025
Opportunity for GOLD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
PTC for 17% gainsPTC can be traded for over 17% gains. The stock has completed its completed its 38% retracement and now about to make another Higher High
Daily Closing is required above 28.51, thereafter first resistance is 28.88, once the stock sustains above that level. Trade can be entered into with Stop loss level of 23 for a Target Price of 34.08
Crossing 28.51 will trigger the classic ABCD pattern, final projection will be around 34.88 which could be the PRZ
A Turning Point for RatesAll bets are off until further notice following the Fed day rout. That said, it has been and continues to be the case that any meaningful improvement in rates will require downbeat economic data and softer inflation. At this point in the year, we're waiting until early January for the next major shoes to drop (NFP and CPI, specifically).
RIL Prediction (2024 Dec 24) - RetracementNot a BHS recommendation. Just Sharing my idea.
CSELK:RIL.N0000 - The overall weekly trend is uptrend.
Timeframe - Daily
Higher High is formed @13.80 and Retracement is already happening
Possible reversal between 12.5-12.4 (From the highlighted red box)
Confirmations for the reversal:
Close to Fibonacci golden pocket
Hidden bullish divergence is formed
Fundamentals:
NAV is according to the latest financial statement (2024 Sept quarter) is 25.52. So PBV is below 1.
RIL has 51% ownership of CSELK:UML.N0000
Expecting to reach the Price to 15, which is the next daily resistance. The uptrend resistance might also intercept this resistance level at 15.
USDJPY InsightHello, Subscribers!
Great to see you all. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- The U.S. Conference Board’s Consumer Confidence Index for December dropped sharply by 8.1 points from the previous month to 104.7, marking its first decline in three months.
- The decline is attributed to uncertainty surrounding policies from the Trump administration, which will begin on January 20, leading to weakened short-term consumer sentiment among Americans.
- Dana Peterson, Chief Economist at the Conference Board, stated, "In December, consumers were significantly less optimistic about future business conditions and income. Following cautious optimism in October and November, pessimism has returned regarding future employment prospects."
- The yield on the 10-year U.S. Treasury note rose to 4.5990%, its highest level since May, while the FedWatch tool reflects a 91.4% probability of a rate pause in January.
Major Economic Events
+ December 25: Christmas
+ December 26: Boxing Day
USD/JPY Chart Analysis
After breaking past the 157 resistance level with ease, USD/JPY extended its gains to the 158 level. If it breaks through this zone, further upward momentum toward the 160–161 range is anticipated. Conversely, failure to breach the 158 resistance could lead to a pullback toward the 154 level.
We will swiftly adjust our strategy if unexpected movements occur.
US30 Technical Analysis: Key Levels and Trend ScenariosTechnical Analysis
The price currently shows bearish momentum toward 42900 and 42770, after which it is expected to consolidate between 42900 and 43170 until a breakout occurs.
However, as long as the price trades below 43200 and 43350, the downward trend remains intact. To enter a bullish zone, the price must break above this range by closing a 4-hour candle above 43350.
Key Levels:
Pivot Point: 43060
Resistance Levels: 43160, 43350, 43650
Support Levels: 42770, 42580, 42390
Trend Outlook:
Bullish Momentum: Stabilized above 43350
Bearish Momentum: Stability below 42900
Consolidation: Between 42900 and 43160