Weakness on PINSNYSE:PINS is showing some weakness.
Bearish signs :
- Ema 21w as resistance
- Price action is showing lower highs
- Attempt of bearish crossover on lower timeframes
Bullish Signs :
- Triple bottom on the area 28-28.5
Support and Resistance
USD/JPY MARKET STRUCTURE USDJPY pair just rebounded at the 50% retracement level with a strong bullish momentum. This shows there could be a possibility of price to trade more bullish and possibly trade a new high from 156,793 we’re looking forward to seeing a little retrace in price for more bullish price action.
BANKNIFTYBanknifty levels are based on imbalances
1. gapup 24750 long
2. 24750-24500 trade breakout
3. gapdown 24500 short
NIFTYNifty levels are based on imbalances
1. gapup 24950 long
2. 25950-24750 trade breakout
3. gapdown 24750 short
Gold at support- But is too obvious... (update)In my morning video analysis, I noted that after yesterday's strong bearish engulfing candle, the most likely scenario was a continuation of the down move, with the next support level identified around the 2660-2665 zone.
The price indeed reached this area, but I believe this support is too obvious and likely to break, instead of a meaningful reversal.
At this point, it is very risky to trade against the flow.
A more prudent approach would be to wait for rallies and consider selling at higher levels.
DXY POTENTIAL BUY OPPORTUNITY!DXY (US dollar index) May continue to wax stronger! From the technical standpoint, we can see how price formed a double button and successfully broke the neckline. This is an insight that buyers are likely to dominate the market and trade a new high! Coming week we anticipate retail sales report and Fed rate cuts. It’s good we stay informed and plan accordingly for the week!
Wayfair Inc (Extended Hours) | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Wayfair Inc (Extended Hours)
- Double Formation
* A+ Set Up | Downtrend Survey | Subdivision 1
* 39.10 USD | Ranging Entry
- Triple Formation
* Retracement 0)) | Behavioural Bias | Subdivision 2
* WXY | Waves Finished At 52.00 USD
* Trend | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
BTC MIGHT BLOW UP AGAIN!!!Price maintained its strong momentum without facing any form of decline in the past days as It currently trade at $101,740. From the daily market outlook, we may likely not get any significant retrace in price with exception of Getting the trendline broken. If price bids higher, I’d be looking forward to buying
XRP Broke and ready to fly?!Xrp broke towards the upside. Is that what I am thinking!? Let's go!(Ignore the "short entry" in the graph which may be confusing)
Solana- Towards 300 into year's end?Solana has been one of the standout performers this year(from large market caps), with its price steadily climbing around 300%.
In March, Solana’s market cap hit a new all-time high, following a price ATH in November. After this achievement, the price experienced a healthy 20% correction, pausing in an old resistance zone that has now turned into support.
Currently, the price has formed a bullish flag, signaling potential upside momentum. A breakout above the flag’s resistance could lead to another leg higher. As long as the $200 support zone holds, a move toward the next major level at $300 appears likely. Buying dips is the preferred strategy.
XRP.usd eyes on $2.46 above, 2.29 below: Genesis fib bound rangeXRP currently testing a sem-major Genesis fib above.
Below is a minor Geensis that has been good support.
Looking for a break of either fib, likely going North.
TOTAL3 - Altcoin market cap Heading towards 2T USD. Confluence with BTCDOM and other fundamentals. Pending some huge catalyst.
Bitcoin finally gonna get away from 100k, lets go!Inverse head and shoulders on the 4hr wants to breakout
Key Levels Overview for the Week 12.2024(16-20)🔲Key Levels Overview for the Week🔳
12.2024(16-20)
Dynamic Supports🔀
????
It seems there isn't a clear support level for the upcoming week. Looking at the monthly pivot points and using the levels from last week could be helpful.
Dynamic Resistance🔀
2738
2710
2676
Mid Pivot (🫎bull&bear🐻 zone ch trend)
2877
2779
2683
range of supply and demand
2821
2752
2683
#Gold
FIL ! LONG ?It is in an ascending channel on the one-hour timeframe.
On the daily timeframe, there is a very strong support trend line, which has a very strong and fast reaction every time it approaches this trend line.
You can use this trendline for a long position by confirming a candlestick
AUDJPY Further Gains ExpectedHello,
OANDA:AUDJPY has continued its upward momentum, and further gains are expected in the near future. A break and close above the monthly pivot point (1M PP) would signal a major upward move. Before this can occur, the price needs to overcome the 1-day strong resistance level at 97.817 to confirm short-term upside.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
MSTR: preparing for a swing-short Until price is bellow 430, i am assuming the line of least resistance is to the downside with an ideal targets in: 277-231 area.
Successful trading to everyone and thank you for your attention!
DOGE Dip Incoming? Perfect Entry Below 30cCRYPTOCAP:DOGE
I'm expecting a stronger retrace, although CRYPTOCAP:BTC is holding up extremely well at the moment.
This is just a preparation in case it happens.
Given the current strength of the market, it might not occur, but levels below 30c present excellent entry points.
I anticipate this idea to remain valid only within this month.
USDCAD Correction ImminentHello,
FX:USDCAD has reached a new high. Once sufficient resistance is established, a decline is anticipated. The initial test will be the monthly pivot point (1M PP) and the subsequent support structure. A break below this support would confirm further downside potential.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
NZDUSD Hits 1-Year LowHello,
OANDA:NZDUSD has experienced further downside, reaching a new 1-year low of 0.575375. An upward move is expected, contingent on confirmation at key pivot points. Nevertheless, a break and close below the 1-day strong support level at 0.573881 could precede further downside before a potential reversal.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
AUDUSD Reversal ExpectedHello,
As highlighted in the previous analysis, OANDA:AUDUSD has tested support levels and established a new 1-year low at 0.63366. While upside is anticipated, confirmation will be needed. A reversal is expected.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Kotak Mahindra looking positive again. Kotak Mahindra Bank Ltd. Engages in the provision of commercial banking services. It operates through the following segments: Treasury, Balance Sheet Management Unit (BMU) and Corporate Centre; Retail Banking; Corporate or Wholesale Banking; Vehicle Financing, Other Lending Activities; Broking; Advisory and Transactional Services; Asset Management; Insurance and Other Banking Business.
Kotak Mahindra Bank Ltd. CMP 1805.65 is The positive aspects of the company are Attractive Valuation (P.E. = 16.2), Company with Zero Promoter Pledge, RSI indicating price strength, Increasing Revenue every Quarter for the past 8 Quarters and Effectively using its capital to generate profit. The Negative aspects of the company are Stocks Underperforming their Industry Price Change in the Quarter, Increase in Provisions in Recent Results.
Entry can be taken after closing above 1806 Targets in the stock will be 1831, 1855 and 1883. The long-term target in the stock will be 1917 and 1947. Stop loss in the stock should be maintained at Closing below 1749 or 1682 depending on your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
