THIS IS A FAKE OUT IMO! BUY THE DIPNASDAQ:QQQ AMEX:SPY AMEX:IWM
THIS IS A FAKE OUT! BUY THE DIP 👇
-Strong Economic Fundamentals
-Hawkish FED spreading FUD
-Same Government shutdown scares every year
-2T+ in options (mostly call) expiring today
-Gains being pressured to be sold for 24 taxes
-Scare meme coin & gambler bro's out the markets
-Incoming party is for business & the stock market
-VIX spiked faster than Japanese trade crisis
-Inflation still coming down
-AI is still strong and a catalyst
-Company earnings are still hefty
-Global markets are curling up not down
All of these reasons explain my point of this being a FAKE OUT. I will be buying this DIP because I see nothing CONCRETE! All I see is that the market maker and FED Chair Powell teamed up to be the GRINCH & SCROOGE this Holiday season. Not financial advice.
Trading
Doubt Me If You Want, But My Strategy Speaks for Itself!NASDAQ:QQQ AMEX:SPY
Do you see how my Williams CB is one of the best strategies out there for predicting markets short & long term moves? How coupled with my H5 trading strategy it gives me the best chances to beat these crazy markets.
Two weeks ago we were at the top and called for a no more than 3% market pullback. I was wrong and right at the same time. We got a pullback but it wasn't what I anticipated but who anticipated the FED nuking the markets yesterday? Nobody but the FED.
I show you this so you understand when we get to the barrier we don't know what it's going to be that pulls the market back or causes us to consolidate and peel off the red barrier. BUT, we need to understand where we are at and that running into the barrier is not the time to be adding to trades or exploring new ones. It's the time to take profits, consolidate, and maybe hedge a little.
I'm not putting this out to be applauded or to act like I'm some type of Oracle. I simply want to show all my friends who have decided to stick it out with me the last few days when others chose to leave that you can entrust in my strategies and I will teach you everything I know so you can beat the markets on a consistent basis too!
USDJPY Buyers In Panic! SELL!
My dear friends,
USDJPY looks like it will make a good move, and here are the details:
The market is trading on 156.76 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 154.65
Recommended Stop Loss - 157.90
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBP/USD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/USD is making a bearish pullback on the 6H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.262 level.
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FULL Trading Portfolio Update! How I'm positioningFULL Trading Portfolio Update! How I'm positioning for what comes next in the markets.
In this video, we will discuss:
-How I'm positioning my trading portfolio right now
-All my current H5 trades
-All trades I CUT loose
-What comes next!
Check it out now for all the updates and some great trade ideas
Not financial advice.
DXY Will Grow! Long!
Here is our detailed technical review for DXY.
Time Frame: 30m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 108.242.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.539 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
EUR-AUD Will Keep Growing! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend and the pair made
A bullish breakout of the
Key level of 1.6596 then
Made a pullback and is
Now going up again
So we are bullish biased
And we will be expecting
A further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
AUDCHF My Opinion! BUY!
My dear followers,
This is my opinion on the AUDCHF next move:
The asset is approaching an important pivot point 0.5571
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.5594
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDCHF Is Going Down! Sell!
Please, check our technical outlook for AUDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.558.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.553 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
BITCOIN Will Go Lower From Resistance! Short!
Take a look at our analysis for BITCOIN.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 95,186.
The above observations make me that the market will inevitably achieve 90,936 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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META pulled back, I'm taking advantage! 30% UpsideH5 TRADE - NASDAQ:META
If you want a great fundamental investment as a trade then let NASDAQ:META be your huckleberry friends! Called out this breakout two weeks ago but wanted wait for this retest to happen. Well, we got it!
-H5 Indicator is GREEN
-Ascending triangle breakout with a retest which formed a Bull Flag that broke out as well and now retested.
-Williams CB formed and thriving, even with the big pullback yesterday
-Sitting on a Volume Shelf with ATH free space above
Bought in with 25 shares and will add some options on open.
🔜🎯$706
🎯$780
Not financial advice
Bitcoin technical analysis + trade planThe chart shows a clear falling wedge formation. This is a bullish reversal pattern that suggests a potential upward breakout.
Price is nearing the wedge's apex, indicating that a breakout might be imminent.
Key Support and Resistance Levels:
Support Levels:
$88,671.83 (near-term critical support)
$86,000.00 (strong psychological support)
Resistance Levels:
$95,497.11 (short-term resistance near breakout zone)
$108,329.96 (target resistance post-breakout)
Indicators:
VWMC Cipher B Divergences:
Bullish divergence appears on the indicator, aligning with the falling wedge's bullish potential.
RSI:
RSI is below 30, indicating oversold conditions, which often precede a rebound.
Money Flow Index (MFI):
MFI is oversold, suggesting incoming buying pressure.
Stochastic Oscillator:
Stochastic is in the oversold region (<20), showing high potential for a bullish reversal.
Market Sentiment:
Given the oversold indicators and bullish pattern, the market is primed for a potential upside movement. However, confirmation of the breakout is critical.
Trading Plan:
Entry Strategy:
Enter long near the wedge's lower boundary (~$90,000), with a tight stop loss below $88,000.
Conservative Entry:
Wait for a breakout above the wedge's resistance (~$96,000) and enter after confirmation with a retest of the breakout level.
Stop-Loss Placement:
Place stop-loss below the nearest support level:
Aggressive traders: $87,500
Conservative traders: $92,000 (post-breakout retest failure)
Profit Targets:
First Target: $108,329.96 (major resistance level post-breakout)
Second Target: $114,000 (psychological level, based on historical price action)
Risk Management:
Risk no more than 1-2% of your portfolio per trade.
Use position sizing to balance risk-to-reward ratios (minimum 1:3).
Monitoring
Volume: Ensure the breakout is accompanied by increased volume.
Candle Structure: A solid close above $96,000 validates the move.
Invalidation:
If the price falls below $88,000, the wedge pattern is invalidated, signaling further downside.
Alternative Scenario (Bearish):
If Bitcoin breaks below $86,000, expect a test of lower levels. Potential targets include $82,000 and $78,000.
Bitcoin is poised for a significant move. The falling wedge, oversold indicators, and strong support levels suggest an imminent bullish breakout. However, patience for confirmation is key to minimizing risk and maximizing gains. Adjust your strategy dynamically based on market conditions.
XAUUSD - continuation sells? What about Pullbacks?Here is our in-depth view and update on XAUUSD . Potential opportunities and what to look out for.
XAUUSD is currently trading at around 2605 .
We are still following our long-term analysis on XAUUSD which was posted on November 27th (almost a month ago).
Last time, we took a step back and took a look at XAUUSD from a bigger perspective (H4 time-frame). We are now using H1 to show you possible outcomes we might have in play.
Overall XAUUSD is still extremely bearish . We could see the following scenarios happen.
Scenario 1: SELL from 2620
We could see a potential pullback to 2620, which was respected last time we made a pullback from the massive drop on XAUUSD. This would give us an amazing entry for further gold sells.
Scenario 2: SELL from 2633
A deeper pullback could happen if we break to the upside from 2620. Entering in 2633 would give us an amazing opportunity to hop into sells and hold it long-term, still targeting the 2480 level.
Scenario 3: SELL from 2590
Breaks below 2590 would result in more sells on the pair. As we failed to break to the upside that would confirm the 2620 being the “pullback area” and we will most likely continue to the downside. We would be targeting 2550 and possible breaks of it. If 2550 would be broken we could start seeing more extreme sells on XAUUSD.
Personal opinion:
The direction for now is bearish in our opinion. We are looking for sells and we do believe gold could see some more sell-offs in December before the year of 2024 ends.
KEY NOTES
- XAUUSD is overall bearish.
- XAUUSD sells are valid from key pullback areas 2620 and 2633.
- XAUUSD breaks below 2590 would also confirm further sells.
Happy trading!
FxPocket
Microsoft - H&S Fake Out to Make Out! 16% Upside🖐️ H5 TRADE - NASDAQ:MSFT
There was to much going on to call out my exact entry on this at the retest area but to be fair I put it on everyone's watchlist a few weeks ago and said a retest would be a perfect entry. This will be different once the H5 Community is up and running as I will have a whole trade alerts channel were I post my trades and buy/sell notis right as after execution!
With this trade we still have over 16% to run upward from here. So, up to you friends! Them and other Mag7 names held up really well during that flash crash and that is very bullish to me! Also, to throw in a learning lesson for all: Just because a charting pattern forms (H&S on MSFT) doesn't mean it's a trade you should enter! Always wait for breakouts and retest! If you struggle with that then you better beat it into your head and tape you hands underneath your desk!
-H5 indicator is GREEN
-Symmetrical Triangle pattern breakout and retest
-Launching off Volume shelf back to ATH and beyond
-Bottom of the two year rising channel
-Williams CB forming and believe we create support next week
I consolidated the account yesterday into the best trades and saw this OLD SAFE n RELIABLE trade and chose to buy some options!
🔜🎯$466
🎯$512
⏲️Before 05May2025
2 Contracts -$420 Calls for May 16th 2025
CB: $40.03 - Currently $43.75
Not financial advice.
After the US pivoted monetary policy : ??At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future.
Previously, gold investors were disappointed when the Fed sent out an unfavorable signal right after the monetary policy meeting on December 18. The US Central Bank issued a new forecast, showing that there will be 2 rounds of 25 basis point interest rate cuts next year.
According to independent metal trader Tai Wong, Fed Chairman Jerome Powell revealed that he will slow down the process of cutting interest rates in the context of persistent inflation.
This message from the Fed will make the gold price trend worse in the long term.
According to analysts, the gold market has been volatile at times after the US pivoted its monetary policy. Specifically, the FED is expected to cut interest rates by a total of 0.5 percentage points only twice in 2025. This is a big change compared to the FED's announcement in September 2024 that there would be 4 interest rate cuts next year. This move has stimulated a very strong increase in the price of the USD and US bond interest rates.
Because gold is priced in USD, when the "health" of this currency is stronger, it will put pressure on the price of this precious metal. Higher US bond interest rates have attracted investors to put capital into bonds, reducing demand for gold.
AUD/JPY Short and GBP/AUD ShortAUD/JPY Short
Minimum entry requirements:
• Break above area of value.
• 1H impulse down below area of value.
• If tight 5 min continuation follows, reduced risk entry on the break of it.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
USD-JPY Bullish Bias! Buy!
Hello,Traders!
USD-JPY keeps growing and
The pair made a bullish breakout
Of the key level of 155.900
And is now making a
Retest of the new support
From where we will be
Expecting a further move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!