USD/JPY Daily Chart AnalysisThe USD/JPY pair is currently moving within an upward channel, demonstrating a steady uptrend since the recent lows around 139.56. The pair has been respecting key Fibonacci retracement levels, which could act as areas of support and resistance.
Key Levels to Watch:
0.236 Fibonacci Retracement (156.67): This level has served as a resistance zone, and a breakout above could pave the way for a test of the recent highs around 157.84.
Support Zones: Immediate support is seen at the 0.382 retracement (153.40), with additional support at the 0.618 level (148.12). A break below the channel could see a retest of these supports.
Indicators & Trends:
Moving Averages: The 20-day and 50-day moving averages are acting as dynamic support levels, supporting the current bullish trend.
Volume: There was a recent increase in volume as the pair rallied, suggesting strong buying interest. However, watch for any drop in volume, as it could signal weakening momentum.
RSI (Relative Strength Index): The RSI is approaching overbought territory, so caution is advised as the pair nears resistance zones.
Outlook:
The pair may experience consolidation between the 153.40 support and 156.67 resistance levels in the short term. A breakout above 156.67 could lead to a potential test of 157.84 and beyond. Conversely, a breakdown below the support trendline may shift momentum towards the downside, targeting lower Fibonacci levels and potentially the key support near 143.88.
Trading Plan:
Bullish Bias: Wait for a confirmed breakout above 156.67, aiming for the 157.84 level.
Bearish Bias : A confirmed break below the channel could signal a trend reversal, with initial targets near 150.75 and 148.12.
Always consider using appropriate risk management.
Tradingview
SasanSeifi| Will the Uptrend Continue? Key Levels to Watch!
👇previous analyses
Hey there, ✌ Based on previous analyses, the price encountered significant demand around the 0.000013 range. With a strong momentum breakout through the supply zone and surpassing the 200-period moving average, the price successfully reached the second scenario target of 0.000020, showing an impressive growth of approximately 50%. However, without confirming a stable position above the 0.000020 level, the price retraced as outlined in the projected scenario.
It was noted that the price reacted to the EMA, highlighting the 0.000015 level as a crucial support zone. If this support holds and confirmation is achieved in lower timeframes, the price could once again rise towards the 0.000020 range and even higher targets.
As observed, the price was met with renewed demand after maintaining the specified support zone and surged toward the 0.000023 – 0.000025 target range and the 0.000030 level, achieving an additional 83% growth.
👇NEW analyses
Currently, after this rally from the 0.000030 level, a negative reaction has caused a pullback toward the 0.000022 area. The outlook leans bullish. The scenario to consider is that, with the 0.000021 level holding and confirmations in lower timeframes, the completion of the pullback could lead the price to a long-term target at 0.000032 and a liquidity zone around 0.000038. Maintaining the critical levels of 0.000021 – 0.000020 is essential.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
The TradingView Show: Strategy Session with OKX Product PartnerWelcome, TradingViewers! 🚀
Get ready for an exciting and educational live stream designed to empower traders of all levels! In this broadcast, we’ll dive deep into markets starting with a top down research process, looking at the macro picture first, then zooming in to the moves that are shaping markets right now. We'll also dive into Pine Script, the election, recent moves as the year comes to an end, and much more.
Our partner OKX has brought on one of their product partners to walk our audience through the charts. Remember: OKX is a partner and integrated broker of ours. Connect your OKX account to your TradingView account to get started by clicking the Trading Panel below the chart.
Here’s what we’ll cover:
1. Top-Down Market Research: Start with a macro view of the markets and learn how to break down the big picture to make better, more informed trading decisions.
2. Crypto Market Updates: Get the latest insights and analysis on cryptocurrencies and what’s driving the market right now.
3. Pine Script Deep Dive: Learn how to leverage Pine Script to enhance your trading strategies and build custom indicators on TradingView.
4. Trading the Election & Year-End Moves: Understand how political events and seasonal market shifts are influencing price action as we approach the end of the year.
5. Live Q&A: Have your trading questions answered in real time by industry experts, and get tailored advice to level up your trading skills.
Follow OKX on TradingView here: www.tradingview.com
Sit back, ask questions, and enjoy the show! Please note: This show is only for education and entertainment.
XOM Stock + The 3 Step Rocket Booster Strategy You are thinking about trading
And wether you should day trade or swing trade.
You already have the will to learn more, otherwise you wouldn't be reading this content
Trading is hard to learn and master and so I want you to not think about how bad your past experiences
Where with learning how to trade.Focuss on learning about a good way to trade the right way.Because with
The proper risk management you can enjoy trading the right way.
Can you imagine trading with a mindset knowing you have opportunity to learn more about the different trading systems?
Learning about the Rocket 🚀 Booster Strategy will feel simple and easy and quick.
The 3 Step Rocket Booster Strategy:
👉The price has to be above the 50 EMA
👉The price has to be above the 200 EMA
👉The price has to gap up in a trend
Now that you understand the 🚀 Rocket booster strategy according to this stock NYSE:XOM
You can tell wether a stock is in an uptrend or not.
Do you see that you can either swing trade or day trade?
Do you understand that you can learn more eventhough trading is hard to master?
Do you see that with risk management you can learn to enjoy trading?
Rocket 🚀 Boost this content to learn more.
Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not
GOLD - low placed?? what's next??#GOLD.. well played by gold market and perfectly placed our areas.
so far market placed 2536 as today low and that low is a very reasonable low for today.
if market hold it in that case you can see again bounce from here towards our areas 2550 and 2567 , 2572
so keep close and don't short now until market hgold 2536
good luck
trade wisely
GOLD - one n only area, what's NEXT???#GOLD - perfect move as per our analysis guys and market placed our today first area that was 2550 around as we discussed.
guys that area can play major role in today.
keep close that area 2550 and take it serious.
because only that area can create again buying volume otherwise not. if market didnot hold it in that case expected areas are on table.
2523 n 2480
good luck
trade wisely
" stock market is all about emotions " #1 Catalyst, MicrosoftYesterday was crazy..
dealing with some people who needed some help
and were not happy
that i could only help so little
i had no referee or someone
to direct them to for more help
and that made me feel sad
as i could feel their anger
The stock market is all about emotions
and you and i have to learn how to
control our emotions.
Yesterday i saw this stock NASDAQ:MSFT
but i was too tired to write an article about it
and so i had opted to write about
This stock NASDAQ:META instead..
But either way, after seeing this
one on my screen
I am thinking its a good swing trade.
Also note that the dividend report is happening
this month..this could be the main
catalyst for this stock as well.
Watch this video to learn more about
->the breaking news
->the key facts
->the rocket booster strategy
Rocket boost this content to learn more
Disclaimer:Trading is risky please learn risk
management and profit taking
strategies because you will lose money
whether you like it or not.
GOLD - there is only single area? holds or not??#GOLD... perfect move as per our analysis in Tokyo session and congrats to all.
now we have again single area that will play key role in next move that is 2613 one n only.
keep close that area because if market hold it in that case you can see a further drop towards expected bottom.
dont be lazy here.
good luck
trade wisely
DOGE has formed a Pretty Big C&H Pattern !...As you can see, the price has been able to pass the cup and handle resistance, but this does not mean that the resistance is broken. We need to wait until this weekly candle closes for the breakout to be confirmed. If we measure the AB range, which is 17 cents, and if the breakout is confirmed, we can say that the price will easily grow 17 cents equal to CD.
PREVIOUS ANALYSIS
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
How This 3 Step System Is Showing META Stock As A BuyAm so tired right now feeling like i need more sleep than
am already getting..
Capitalism is a hard topic to study
And keep up with
Yesterday i was reading a book by Robert Kiyosaki
and inside the book called Second Chance
He encouraged practising.
This is why before you start trading i would
say use the paper trading account
Feature on Tradingview first before you
dive into using real money
Thats the key to mastering trading
yes it may be a bit boring at the start
but if you continue pushing for your
financial education you will learn
how to trade.
Full disclosure am not a day trader
but instead am a swing trader
meaning i trade with the trend..
when you are trading with the
trend you have to use the following
3 step system called the rocket booster
strategy:
(1) The price has to be above the 50 EMA
(2) The price has to be above the 200 EMA
(3) The price has to gap up in a trend
Looking at this price of NASDAQ:META
That is what you are seeing.
Also, note the “gap” that happened
4 days ago?
META is notorious for performing well in swing
trades..maybe this time will be different...
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will lose money whether you
like it or not please learn risk management
and profit-taking strategies
because you will lose money whether you like it or not.
This #1 CandleStick Chart Pattern Is My FavouriteAm always thinking about how to keep my spending costs
on consumer foods to low-cost
because if you have been reading about me
In these journals, you will know
that i like sweet milk but am running low on savings
and maybe am thinking about cutting on
this consumer good
found in retail shops both large and small
Look at the following economic data for this week
that is influencing this forex pair:
• Inflation rate year over year is projected to increase
• The core inflation rate is projected to remain flat
• retail sales month over month is projected to fall
Retail sales are looking like they will fall
meaning businesses in the retail space are struggling
to make profits.
This is because of the rise in inflation.
Look at this chart of CAPITALCOM:USDCAD
It has my #1 favourite candlestick pattern
called the rising white soldiers
If you would like to learn more about candle
stick patterns
check out Steve Nisson’s book on candlestick charting
does this mean am a chartist?
Yes being a chartist will give you
an edge in the market but
you can also hang on to trend analysis
such as the rocket booster strategy
if you would like to learn more
about the rocket booster strategy
check out the references below.
Rocket boost this content to learn more
Trade safe.
Disclaimer: Trading is risky please learn risk
management and profit
taking strategies
because you will lose money whether you like it or not
SasanSeifi| Bullish Trend Building as $1.90 Holds!Hey there, ✌ In the daily time frame, as you can see, the price of BINANCE:OPUSDT has been oscillating with a slight increase after holding the $1 level for a relatively long period. After an initial rise and hitting a supply zone, the price has returned to the demand zone around $1 and, after reaching this level, we have witnessed another slight increase.
Currently, as shown in the chart, the long-term downward trendline has been broken in the daily time frame, and the price is moving toward the $2 level. This break in the downtrend could indicate a potential trend reversal and the beginning of a new upward movement. Considering the overall market conditions and existing demand, the likelihood of continued price growth in the short and medium term has increased.
One scenario we can consider is that if the price stabilizes above the supply zone, which is currently near the $1.90 level, we can expect OP to move toward higher levels. In this case, mid-term and long-term price targets could range from $2.20, $2.50, to even $3. The key support zone on the daily time frame for OP is at the $1.50 level.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Follow These 3 Steps To Determine Price ActionThe gap between the rich and poor has become
more evident
yesterday I had a conversation with
One of my brothers about a friend
who was looking for a job but lucked the courage
and faith to find one..
Even in his turmoil, I encouraged him
with knowledge bout capitalism and entrepreneurship
Because he was so discouraged I had nothing else
to inspire him with
excerpt the knowledge on capitalism
and entrepreneurship
this was way before I mastered how to trade
today he found a good blue-collar
education and will be getting ready
to enter the labour market
No matter what level you are in life
whether you are at a white collar
job or blue-collar job
Capitalism will help you
This is why I developed the rocket booster
strategy
Its a trend analysis system
to help you understand the price action
of a stock price
In this case we are looking at NYSE:MMM
this company is about to have a dividend
reporting this very week
This type of news is a catalyst to this
current price action.
So the question is what is the price action?
So you can determine the price action
in the following 3 steps...
(1)The price has to be above the 50 EMA
(2)The price has to be above the 200 EMA
(3)The price has to gap up
There is a market cycle going on
and its hard to see it especially
when you are beginning
You see once you understand
market cycles every day you
will be able to see these prices.
But that's professional trading.
To learn more Rocket Boost this content
Disclaimer: Trading is risky you will
lose money whether you like it or not.
Please learn risk management and profit-taking
strategies.
GOLD - at his final support? what's next??#GOLD.. perfectly hit our targeted area that was share in my last idea.
now keep close the our fresh region. that is from 2613 14 to 2620 21
that region is one n only hope for buyers. keep close it guys.
that is single hope for buyers. if market hold it in that case you can see again bounce from here. otherwise not at all.
dont be lazy here. stay sharp.
good luck
trade wisely
BTC on the Move: Are We Heading to $118K?Hey trading family, here’s what I’m seeing for BTC right now—let’s break it down:
1️⃣ BTC could push up to $86– GETTEX:87K , then correct to $83,500 or even deeper to GETTEX:82K before making its next move.
2️⃣ If BTC breaks through $86– GETTEX:87K , we’re looking at a move to $89–$91K, followed by a correction to $84–$85K, and then another leg higher.
3️⃣ The big one: BTC could slowly push through all these levels, heading to $94K on its way to the ultimate target of $118K.
Stay chill, follow the trend, and remember to trade what you see. BTC is making waves—don’t fight it, ride it.
Mindbloome Trading / Kris
Like, Follow, Boost , or Comment if you found this helpful
GOLDD - at most expensive trend line, whats next ??#GOLD.. perfect move as per our video analysis and now market at his most expensive trend line, keep close it.
and if market clear that trend line it means you can see a drop from here,
check out market hold it 3 to 4 times in history and after that check in 4 hours and hourly chat.
dont be lazy here.
good luck
trade wisely
The last bullish chance of Notcoin in mid-term !!NOTCOIN is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.0012 Stay tuned for more updates, thanks.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Shipping Corp of India Ltd (SCI) - Weekly Head & Shoulders Watch🚨 Potential Head and Shoulders Pattern forming on the weekly chart, signaling a possible bearish reversal if the neckline breaks.
📊 Key Levels to Watch:
Neckline Support: ₹203.32 - A weekly close below this level would confirm the pattern, potentially leading to a further decline.
Right Shoulder Resistance: ₹235 - ₹270 - If the price fails to break above this zone, the bearish structure stays intact.
🎯 Target (upon breakdown): ₹177.72 - Calculated from the height of the head to the neckline.
📈 Alternative Bullish Scenario: If SCI breaks above ₹270.60, the Head and Shoulders pattern could be invalidated, potentially signaling bullish momentum towards previous highs.
📉 Indicators:
RSI shows a slight uptick, but a downward trend could confirm the bearish setup.
Watch for a volume spike if the price breaks the neckline, as it would strengthen the bearish case.
Disclaimer: T his is not financial advice. Keep an eye on these levels and manage your risk accordingly!
The 3-Step Rocket Booster Strategy [3.min Video Review]I had a terrible nightmare, and am really not sure why
I placed a trade on Bitcoin
even at its all-time high
Maybe waiting for the price
action to be profitable
could be the reason why
my nightmares kicked in..
Anyway in this video:
->We review the rocket booster
->Candlestick patterns for CAPITALCOM:GBPJPY
->Resistance levels
Watch it right now to learn more
Also, rocket boost this content to learn more
Disclaimer: Trading is risky
please learn risk management and profit-taking strategies
because you will lose money whether you like it or not.
KNC's Bullish Clues are So Strong ! KNC is showing promising bullish momentum. But before we get too excited, let’s dive into the crucial levels and scenarios to determine the next probable move.
KNC rallies from here and breaks the $0.53 resistance level, we might witness a notable shift in market structure, potentially propelling the price toward higher resistance targets.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!