Short on GoldWill sell gold when price fixes below the FVG. SL below the hour candle. TP1 - daily low, TP2 - Last week low, TP3 - three week low.
Support and Resistance
Xauusd 30 Minute Idea 💯 I think gold is go more up because on Friday Market gold went down and today morning it go down and Now I think it go up because 2647 is support level in M30 Frame.
Now I want to Take long/Buy order From 2658
My sl is 2653 (-50pips)
My tp is 2668 (+100pips)
Trade with your own risk%
From = Sam Brown
Stock Of The Day / 12.03.24 / INDI12.03.2024 / NASDAQ:INDI
Fundamentals. Premarket down 20% after news of $175 million private offering of convertible senior notes.
Technical analysis.
Daily Chart. Daily level 4.00 formed by a break in the trend on the daily chart on 11.18.24 is ahead.
Premarket. High premarket volume. Gap Down.
Trading session. Intraday level 4.40 was formed in the first hour of the session and the price was tightened to the level. After breakout of 4.40 at 11:44 a.m. there was no significant impulse in the direction of the breakout and the price quickly returned and consolidated below 4.40. We are considering a short deal.
Trading scenario: false breakout with retest (false tighten with retest) of level 4.40
Entry: 4.37 after second touch and pure level holding
Stop: 4.42 above the high of consolidation
Exit: There is a pure trend movement in the direction of the trade. You can close part of the position before the low of the day 4.10, and hold the rest until the close of the session or close this trade in parts (for example, part of the position RR 1/3, another part RR 1/5, etc.) in accordance with your trading system.
Risk Reward: 1/7
JAGSNPHARM - Reversal signA very positive reversal sign in JAGSNPHARM can be seen.
Taken support of 20EMA band and also support from RSI 50.
you can use marked SL and Target or do your own study and find one.
Do your own study and analysis and act accordingly.
Strictly follow Risk Reward management and strict SL is necessary.
Stock Of The Day / 12.02.24 / SMCI12.02.2024 / NASDAQ:SMCI
Fundamentals. Positive news - the special committee found no evidence of misconduct.
Technical analysis.
Daily chart. Strong day level 40.0 is ahead. This level was held and confirmed by touches and false breakouts for several months.
Premarket. High premarket volume. Gap Up.
Trading Session. The first reaction at the level is a clear rebound at 10:40 a.m., then a pullback on downward volumes. 11:18 a.m. false breakout of 40.0 level, then a very small pullback on decreasing volumes and a quick return to the level. We are considering long trade.
Trading scenario: breakout of level 40,0.
Entry: 40.40 breakout and holding behind the level.
Stop: 39.59 we hide it behind the low of the breakout candle.
Exit: Close part of the position around 43.7 when signs of weakness in the uptrend appear. Close the position around 42.74 after an unsuccessful attempt to update the high of the day.
Risk Rewards: 1/4
GBPUSD: Pullback From Key SupportThere is a strong likelihood that 📈GBPUSD will retrace from an important horizontal level seen on the daily and intraday charts.
After testing this level, I spotted solid confirmation through a double bottom formation and a breakout of its neckline.
I anticipate a bullish movement targeting at least 1.2664.
EURUSD → Consolidation before Fed Interest Rate DecisionFX:EURUSD is in a consolidation phase, as is the dollar index. The outcome could be decided this week. Traders are waiting for the FED meeting on US interest rates
Globally the trend is neutral, but the price is consolidating near the key support that has been holding the market for two years. Aggressive interest rate cuts in Europe are putting overall negative pressure on the currency pair. The dollar may go into a downward correction if the decision to cut interest rates is made on December 17-18. But any hint of hawkish policy on the part of the Fed may strengthen the dollar, which will intensify the decline in EURUSD
Resistance levels: 1.0607, 1.065
Support levels: 1.045, 1.033
Based on interest, amid the downtrend, the price has not yet reached the key liquidity zone. Before important news, the market may reach 1.0607. But based on the technical and fundamental background, the fall may continue, and a breakdown of 1.0448 will strengthen this fall.
Regards R. Linda!
Daily analysis of intraday trading in US stocksWhat is this blog about?
The blog is dedicated to intraday trading on the US stock market (NYSE, NASDAQ exchanges).
After each trading session, I choose the most interesting and understandable stock in terms of making a profit and do a detailed analysis of it, indicating the prerequisites for opening a position, entry and exit points.
The analysis is conducted in accordance with the applied trading system, which is based on the price reaction to horizontal levels (rebound, breakout, false breakout) and volumes. I do not use indicators.
Each analysis is accompanied by a screenshot of the trade. There is a daily (and in some cases, hourly) chart in the upper part, which is used to analyze the overall picture and draw daily levels. There is a minute (in some cases, two-minute) chart in the lower part, which is used for intraday analysis, drawing intraday levels, entering and exiting a position.
What is the practical benefit of trade analyses?
Broad visual experience is one of the key components of successful trading on financial markets, in addition to the trading system, psychology and risk management. Normally traders spend thousands of hours looking at charts before it starts to bring positive results.
However, simply looking at the chart is not enough. We need to understand what exactly we are looking for there and what situations allow us to make a profit with a higher probability.
Analysis of trades helps to solve one of the main problems of beginner traders - lack of visual experience, and for experienced traders this is an opportunity to add/correct their trading system with new trading scenarios.
How to select stocks for trading?
It is important to select the right stocks every day that have the potential to make a profit with a high probability, in order to be successful in intraday trading.
Main criteria for selection:
1. High liquidity (trading volume from 1,000,000 units and above)
2. High activity in the premarket
3. Pure directional movement
4. The stock movement does not repeat the market movement
5. "Respect" for levels both in the premarket and in the main session
6. The presence of a catalyst for movement (news, earnings, technical etc.)
These criteria are perfectly suited to the so-called Stocks In Play, which make significant non-standard movements within one trading session, which often exceed the standard price movement (ATR) several times, influenced by a strong catalyst background.
XAUUSD NEW WEEK OPENINGThe new week is about to start and the market is stuck between 2647 to 2652
50 pips range
We will wait for any candle to break and close above or below our range
So that we can trade accurately
stay tuned guys follow my analysis
GOOD LUCK
GBPUSD: Classic Long From Support 🇬🇧🇺🇸
GBPUSD may pull back from a key daily horizontal support.
As a confirmation, I see a confirmed bullish breakout of a neckline
of a double bottom pattern on an hourly.
Goal - 1.2664
❤️Please, support my work with like, thank you!❤️
Ethereum towards new ATH?After testing the resistance above 4,000, the flash crash in Alts impacted ETH/USD as well, resulting in a sharp drop to 3,500.
However, the strong support established at this level held firm, preventing further declines. Now, the price is approaching the resistance zone once again.
At this point, it seems the bulls are gaining momentum, making a breakout above the resistance highly likely.
If this breakout materializes, the price could accelerate significantly, with 5,000 emerging as the next logical target.
Cup of pepeThe previous figure
has transformed into a new one.
Why not?
A cup of pepe.
Even if no one took profit a week earlier, at +50%, now you can close at +10% and wait for the Pepe Cup to work out))
According to the classics of the genre, the figure is worked on to the height of the cup. This means the target of the figure
0.039498.
Let's see how this works?
XAGUUSD focuses on the supply areaOn the 4-hour chart, XAGUSD fluctuated downward, and the bears had the upper hand. At present, we can pay attention to the pressure of the 30.8-31.1 supply zone. If the rebound is blocked, we can consider shorting. The support below is around 30.0. After breaking through, the support below is around 29.6.
Gold trading insights: 16-Dec-2024Gold trading insights: Not signals, but informative zones to aid your decision-making. Please note: These zones are not trading advice. Use them as a starting point for your own analysis.
Nasdaq market analysis: 16-Dec-2024Good morning, traders! Welcome to today's Nasdaq market analysis. Compare my price action insights with your own charts and enhance your trading skills.
Cow is end of growthAfter two days growing special yesterday %50, cow is tired and will has a bid drop to 0.7 in the chart. Price fixed in $1, rsi is overloaded, and the large of orders placed over the $1 price.
US DOLLAR STILL STRONG BULLISHUS DOLLAR potentially continue it's strong bullish movement as several economic data released last week show us strong labor and inflation is still under control. This week we will face FED Meeting on 18 Dec and FED FUND FUTURES gives 96% number of lower rates (425-450 bps).
In general, interest rate cut will give a weak movement for dollar. But, as a good trader, we must know that FED cut rate is a normalization that driven by optimism that inflation is under control and labor market remain strong. This is the reason why dollar still in a strong condition.
Technically, dollar could go up to 109.6xx and i see 105.6xx as a invalid level for buyer to hold dollar. And please be careful for you who hold counter currency of dollar (AUDUSD, EURUSD, etc) in long position because those pairs still driven by strong bearish movement.
EURGBP: 1M PP Support Key to Avoid Further DownsideHello,
OANDA:EURGBP has driven the price upwards, and now the 1M PP must hold as support. If it fails to do so, further downside could be likely. It's important to remember that the pair is still largely under bearish influence, and maintaining a cross and lock above the 1M PP is essential to avoid more downside. Despite the underlying conditions, the current sentiment remains strongly bullish.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
EURAUD Bullish Momentum with Potential Support TestHello,
FX:EURAUD is experiencing strong bullish momentum, but it may retest the 1W/1D support structure before continuing its upward trend. This will depend on how the price interacts with the pivot point it is currently hovering around.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
EUR/CHF Eyes Upside Above 1D SupportHello,
OANDA:EURCHF is finding support at the 1D pivot point (PP), and if this level holds, further upside potential could unfold. Current conditions are certainly promising. The pair is first testing 0.945443, and if it manages to break and sustain above this level, the 1Y pivot point may serve as a new support.
No Nonsense. Just Really Good Market Insights. Leave a Boost
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Nifty Intraday/ monthly view - CPR Fibonacci After a big move on Friday today market has created a wide CPR so don't expect big move today market may remain in the range, Market will try to trap buyer as well as seller
Intraday levels - nifty can go max down till 24557, can face a resistance at 24858
Monthly view
Keep bullish view - if market closes above 24858 keeping a target of 25120
Market is in clear up trend keep by on dips strategy don't keep too much bearish view until an unless it closes below 23873 that is 61.8 %
views are personal. Not investment advice
WTI Near Key Breakout PointHello,
BLACKBULL:WTI has shown some upward movement. For further gains, it needs to break and sustain above the 1D pivot point (PP) to confirm continued upside, which appears likely soon. However, a break and close below this level would signal further downside.
No Nonsense. Just Really Good Market Insights. Leave a Boost
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Brent's Next Move: 1D PP Break or 1M PP Test?Hello,
BLACKBULL:BRENT has shown some upward momentum and could see further gains if the price breaks above the 1D PP level and establishes it as support. However, if this level acts as resistance, we might witness another test of the 1M PP.
No Nonsense. Just Really Good Market Insights. Leave a Boost
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