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Trend Analysis

LINKUSDT: Bullish Setup or Breakdown Ahead?Yello, Paradisers! Could this head & shoulders structure spell trouble for LINKUSDT? Or is the market setting up for a bullish reversal? 💎LINKUSDT appears to be showing signs of a retracement due to its head and shoulders pattern. If the price retraces to the identified support zone and presents a bullish I-CHoCH, W-pattern, or inverse head and shoulders on lower timeframes, the probability of a significant bullish move increases. 💎However, if the price drops further to sweep below the current zone (inducement), it’s prudent to wait for confirmation at the strong support zone. Although reaching this level might seem unlikely, if the price does drop, it would strengthen the likelihood of a bullish rebound. In this case, watch for bullish patterns such as I-CHoCH, W-patterns, or inverse head and shoulders to form before taking any action. 💎On the flip side, if a breakdown occurs and the candle closes below the strong support zone, this would invalidate our bullish outlook. In such a scenario, patience will be key—waiting for better price action and clearer market structure before considering the next move. 🎖 As always, the disciplined and patient approach wins in this market. Stick to the plan, follow the confirmations, and trade smart, Paradisers! MyCryptoParadise iFeel the success🌴
by MyCryptoParadise
Trade Idea 2024-12-30 and Review of 2024As the year comes to a close, we expect it to be a quiet week. If you haven’t already, now is an excellent time to set your trading goals for the coming year. Where will your focus be? Which markets will you trade actively? What is your risk management plan? It is also a good time to complete a review for 2024 if you have not already! Keeping a trading journal is essential for tracking progress and learning from your mistakes. Active trading, like other high-performance activities, requires resilience, focus, and a winning mindset, but even with these attributes, losses are a natural part of the process. Always trade with a clear plan, manage your risks effectively, and never trade with more capital than you can afford to lose. As we wrap up the year, we are sharing a couple of the most popular charts we reviewed in 2024 and reflecting on the following questions we asked ourselves: What has the market done? What is it trying to do? How good of a job is it doing? What is likely to happen from here? Volume profile provides key insights into market auction and interaction of buyers and sellers. This is how we approach markets although there are many other ways of doing so. Big Picture ES Futures: Key Levels: 2024 mid point: 5574.50 2024 VPOC: 5441.75 2024 Value Area High: 5844.25 2024 High: 6184.50 Fib Extensions Target 1: 6388 Fib Extension Target 2: 6514.25 Fib Extension Target 3: 6590.75 Fib Extension Target 4: 6695.50 Big Picture BTC Futures: Key Levels: 2024 High: 108,960 2024 Mid point: 77,865 2024 VPOC: 69,710 2024 Value Area High: 79,525 Key Support for Bulls: 78,000 - 76,000 Big Picture CL Futures: Key Levels: Composite Value Area High: 79.65 2024 Value Area High: 74.90 2024 Mid point: 72.14 2024 VPOC: 69.70 2024 Value Area Low: 66.70 Composite Value Area Low: 63.55 We await the start of the new year to further gauge short term price action, volume and ranges for the upcoming year! Happy trading from EdgeClear! We wish you all a great 2025! Disclaimer: The views expressed are opinions and should not be interpreted as financial advice. Derivatives involve a substantial risk of loss and are not suitable for all investors.
CME_MINI:ES1!
by EdgeClear
Nifty Index about to witness Quarterly Bearish Engulfing4 and a half years from April 2020, it has been a euphoric ride for India's Nifty and Sensex. If prices remain more or less unchanged by New Year's Eve, we're about to witness a once in 5 year event on the charts. A "quarterly bearish engulfing" at all time highs. In simpler terms, quarterly prices closing below the lowest price of previous quarter. What has happened in the past when this happened? This happened last in 2020 (the deep red pandemic candle) - where 15 quarters or nearly 4 years of gain was wiped out in a single quarter. Before that, it happened in 2015 - where it took 3 quarters to wipe out 4 quarters or 1 year worth of gain. (Indicating more of a systemic sell-off, than a knee-jerk news based panic. Something similar is happening now, after a long long time.) 2015, then 2020, and now 2024-25. For those who understand time cycles in nature and its inevitable influence on our nature, and thus the markets, you'd appreciate this is no co-incidence. There is no reason to panic, as this, just like any other event, presents an opportunity to grow wealth. Before you read further, I intend to keep this idea beginner friendly on how to potentially benefit from this opportunity. It can form a base for you to navigate your personal finance journey further. Intermediate and advanced traders/investors may benefit from my other (future) posts. Kindly note that this published note is only my opinion, solely for educational purposes, and not investment advice. Through the remainder of this piece, I will waltz you through the most probable outcomes and the possible decisions one may take, all assuming that you're relatively new to witnessing a systematic sell-offs. Understanding the logic of a bearish engulfing pattern: First - What a bearish engulfing candlestick pattern on a quarterly time frame means is that for 1 whole quarter, there was a net gain (July-Sept2024 = +7.5%) and the lowest price was 23893.7; whilst immediately for next 1 whole quarter (Oct- 30Dec2024 = -8.49%) we can see a net loss. Not only do we see a net loss, but also most importantly, we see quarter price "closing" lower than the "lowest" price of previous quarter . This is powerful information as it indicates that buyers have "failed to remain in strength" even at the lowest price of the previous quarter (Understand that the lowest price of previous quarter is where the buyers were the most powerful in that quarter, that is why it was the "lowest" price of that quarter because the price went up from there). For reference, see the feature image of this post again. What does this mean for the next few weeks/months/quarters: (The most probably outcomes) 1) Normally, a bearish engulfing pattern at the top of the charts indicates end of an existing up-trend. When this happens in a higher time frame (weekly/monthly/quarterly), it is more reliable. 2) End of an existing up-trend indicates beginning of a new opposite trend. An opposite trend can either be sideways or downside. This depends on further reaction from market forces in the coming days. We can see that after the pandemic quarterly crash, we had no opposite trend, in fact, there was an immediate rebound. This was an exception as pandemic market crash was a 1 time panic-led sell-off rather than a systemic sell off (which is more sustainable time-wise). 3) We are highly likely in a systemic sell off now, if this quarter's low is taken out in January. This is the highest likely scenario after a 4.5 years of euphoric uptrend in the market. How to benefit in the following weeks/months: The simplest way with minimal to moderate time investment, is to begin SIP in fundamentally strong "value" stocks, or the index itself, or both - in a "pyramid" fashion. Once you select the stocks, pyramiding your investment amount - that is, starting small at current levels and scaling up your investment as you get better prices when Nifty (or your cherry picked stocks) fall further. A simple way to apply it is to buy whenever price is near the Moving Averages (MA) of 55 weeks, 89 weeks and 233 weeks - as the index continues in a down trend in the following weeks/months. You can plot these on Tradingview with ease. Remember to plot on weekly time frame. Buy lower multiples at 55 MA, higher at 89 MA and even higher at 233 MA. This is a simple, more optimised way of buying the index fund which can help you get higher ROI as compared to someone making SIP on a fixed date every month. This is because your average buy price will be lower than someone buying the same quantity at random prices every month. Yet another way is to learn the skill of selling index call options by hedging them. Even though this is a slightly advance way of generating extra income, it is great to learn in downtrending markets - as you will be able to generate profits from a decline in the price of index (remember it is a lot more difficult to generate profits from individual stocks and investments in a broader down-trending market). A realistic expectation for beginners can be making 1-3% a month with this technique (average annualised) - thus helping offset the loss in the existing stocks/MF portfolio. If this sounds difficult, yet another way is assessing the hygiene of your portfolio and rejig the holdings if needed. Without proper knowledge, it is best to let a qualified financial advisor/expert review your holdings/portfolio and see if they want to re-shuffle the portfolio. This could even mean reducing exposure to equity for a period of 1 year, and increase exposure to debt funds or other fixed income avenues, or simply sitting on some % cash to buy at a later, better value. Whilst this sounds too much work, remember that a mere 4-5% extra gain for the entire year, every year, compounds to a large number over the years. So entrusting a reliable financial advisor to do this could be worth your time and resources. Now is a good time to do that. Disclaimer: This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision. Stock Market investments are subject to market risk. Past performances are no guarantee of future returns. This content above is solely for educational purposes only and to provide information and is not intended to give any advice. Information shared is personal opinions only. Wherever any stock or mutual fund name is mentioned, this is only for educational and informational purposes. Share market and investment can be risky, please take professional advice before making any decision.
NSE:NIFTY
by PriyadarshiDesai
Soybean Meal(ZM) Stock Quote | 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 # Soybean Meal(ZM) Stock Quote - Double Formation * 350.00 USD | Completed Survey | Subdivision 1 * Inverted Head & Shoulders | Configuration Entry Bias - Triple Formation * 012345 | Wave Count Analysis | Subdivision 2 * Retracement Numbered | Wave 3 Condition * Daily Time Frame | Behavioural Settings | Subdivision 3 Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:SOYBEANMEAL
by TradePolitics
BTC trend is down After falling from a high level, BTC has been fluctuating downward around this downward channel. So far, the structure has been broken in the US market. The price on the hourly line adjusted to the upper edge of the downward channel at 94,000 and fell under pressure. It broke through the previous low of 92,545 and opened up the space below. The current price fell to 91,500, and there is no sign of stopping the decline in the short term. BTC is in an accelerated decline stage overall. It is also consistent with the previous analysis and has now reached the target position. With the short-term volume weakening, the subsequent rebound will focus on the upper 93,000 line. If this position is not broken, the BTC trend may usher in a sharp drop. In terms of operation, you can go short with the trend.
Short
by RonPeter_Trading
GBP/JPY Sell Idea - Daily Chart AnalysisThe GBP/JPY pair is showing signs of bearish pressure after reaching a strong resistance zone near 199.037, which aligns with the upper boundary of the rising channel. Price rejection in this area suggests a potential reversal toward the downside. Fundamental Outlook: The Japanese Yen is gaining support due to safe-haven flows as global market uncertainty increases. On the other hand, the British Pound faces headwinds due to recent mixed economic data and concerns over the Bank of England's cautious stance on future rate hikes. This divergence in sentiment strengthens the bearish case for GBP/JPY. Trade Details: Entry: Near the resistance zone (199.037) Stop Loss: Above 202.522 to account for any false breakouts Take Profit: Targeting the support zone around 184.000, aligned with previous demand This trade idea combines technical rejection at resistance and fundamental factors favoring Yen strength. Risk management is critical to mitigate potential volatility.
Short
by DreamsForx
#SWINGTRADE SETUP - JIO FIN SERVICES NSE:JIOFIN ❇️ Strong volume breakout on daily chart. ❇️ Flag and poll pattern in bigger time frame (1day, weekly,monthly). ❇️ Stock can achive 320 to 350 target range in upcoming days/weeks. ❇️ Short and log terms targets 340+ (10%). ❇️ Nearby support(sl) 295. ❇️ Above 310 we can see a real move🔥 👉🏻 thetradeforecast Only for educational purposes. This content is not a recommendation to buy and sell. Not SEBI REGISTRAR.
NSE:JIOFINLong
by thetradeforecast
1
NASDAQ headed into a volatile January but uptrend remains intactNasdaq (NDX) is yet again testing the 1D MA50 (blue trend-line) following the direct hit of December 20. Despite the pull-back, it is technically respecting the 2-year Channel Up that it's been trading in since the December 26 2022 market bottom. Its most recent Higher Low was on the August 05 2024 1W candle, which initiated the Bullish Leg we're currently in. Until we get a 1W candle closing below the 1D MA200 (orange trend-line), the pattern remains intact and the strategy is to continue buying into the current Bullish Leg. The previous two Bullish Legs had one main pull-back/ correction sequence each and apart from that, the majority of the Leg was technically a straight uptrend. Given that the current Bullish Leg has been trading above its 1D MA50 since September 12, it is not unlikely to see a correction below it. Technically, it could be similar to the previous Bullish Leg (March 04 - April 15 2024), as we are trading within the 0.382 - 0.5 Fibonacci range. This means that one more rise above the 0.382 Fib is to be expected in the first week of January but it is likely to then see a correction for the rest of the month below the 1D MA50 into the first 2 weeks of February. If after that, the 0.5 Fib and 1D MA200 levels hold, we expect the Bullish Leg to resume the uptrend and target 25300. That would be a rise of around +48%, which is the % rise of both previous Bullish Legs. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
GBP/USD Technical Analysis: Key Levels and Possible ScenariosThe chart focuses on GBP/USD in the 1-hour timeframe, highlighting critical resistance levels and potential downside targets. The current setup indicates rejection from a resistance zone, with a potential move toward the predefined price targets. Key Levels: Resistance Zone at 1.2580–1.2590: This area has acted as a strong resistance, with the price failing to break above it. A breakout above this zone could shift the market sentiment and pave the way for further upside toward 1.2600+. Downside Targets: 1.25124 and 1.25012 have been identified as key bearish targets. These levels represent potential areas where the bearish momentum may slow down or pause. Indicator Insights: DT Oscillator: Currently trending downward, indicating bearish momentum in the short term. A further drop toward oversold territory could coincide with the price approaching the bearish targets. Scenarios: Bearish Scenario: Continued rejection from the 1.2580–1.2590 resistance zone could lead the price toward the bearish targets at 1.25124 and 1.25012. A breakdown below 1.25012 could accelerate the downside movement further. Bullish Scenario: If the price reverses and breaks above the 1.2580–1.2590 resistance zone, it could invalidate the bearish outlook and signal a potential move toward higher levels, such as 1.2600+. Conclusion: GBP/USD is showing signs of bearish momentum, with 1.2580–1.2590 acting as a strong resistance and 1.25124 and 1.25012 identified as key downside targets. Traders should monitor price reactions at these levels and use confirmation signals, such as momentum shifts, to adjust their strategies accordingly. Feel free to share your thoughts in the comments and follow me for more detailed analyses!
Short
by Mohammad_Mirdehghan
Market Insights: Preparing for 2025 with Key ETF TrendsHey Friends , I’ve refined this idea to invite you into my world, helping you see my perspective so you can shape your own. — This is a long read but well worth it. Dropbox link for Valuable charts & supplementary Information: The folder will continuously be added to over the next 5 days. www.dropbox.com Before we begin, a quick disclaimer: I am not a financial advisor. This update is provided for informational purposes only, and any financial decisions you make are solely your responsibility. My Current Market Approach Recent market price action has left me skeptical about its health and bullish narrative. In response, I’ve adopted a more defensive stance with a time-based reevaluation strategy. . This approach prevents me from “throwing money into the fire” during periods of uncertainty. I’ve converted the majority of my positions into a 4% yield cash ETF and am actively exploring opportunities outside the market to deploy this cash. This decision comes despite: • The anticipated Christmas rally many retail investors expect. • Fear-driven market sentiment, often seen as a buying opportunity. - New 52 week highs for big players (Apple, Google, Tesla) For now, patience and caution are my only priorities. ETF Market Update Today, I’ll analyze the major ETFs — SPY, QQQ, and IWM — while also highlighting key insights from the VIX. Let’s dive in! Understanding the VIX: Signals of Renewed Volatility The recent VIX sell-off suggested further declines, but instead, it’s showing renewed signs of volatility, indicating we’re not in the clear just yet. Earlier today, the VIX tried to complete a bear flag that could have pushed it lower. However, it reclaimed a critical horizontal support level in a break-and-retest pattern, signaling that the market sell-off might only be in its infancy. Key Takeaway: 1. With fintwit investors scaling in for this “Xmas” rally it could get painful real fast. 2. Watch for increased volatility heading into early 2025, as the VIX’s behavior often serves as a leading indicator for market turbulence. Trend Analysis: SPY Since the August 2nd lows, SPY has been forming a wedge pattern. Last week’s sharp correction broke the wedge decisively, and bulls have since failed to reclaim the broken level. This confirms a break-and-retest pattern, favoring further downside levels pressure. Key Observations: • Notice the Triangle Topping Pattern: Formed between December 2nd and 18th. • MACD Weakness: SPY’s MACD is struggling to cross above the zero line, further confirming bearish momentum. Trend Analysis: QQQ The QQQ chart mirrors SPY closely. Key Observations: • Bearish EMA Crossover 5EMA&9EMA • Lack of Market Independence: QQQ and SPY’s alignment raises concerns for investors relying on diversification. Amplified Risks: The lockstep movement during corrections suggests heightened risks for broader markets. Trend Analysis: IWM Small-cap stocks continue to underperform, even with positive macro signals like rate cuts and declining inflation. Key Levels and Patterns: • a sharp correction right now would Help IWM in developing its and Handle Formation: - The $313 target cup& handle target is still viable but faces strong resistance. • Bearish EMA Crossover: A developing 5 & 9 EMA death cross signals further downside potential. TA- What’s an EMA Death Cross? A death cross occurs when a shorter-term EMA (like the 5-day) crosses below a longer-term EMA (like the 9-day). This is a bearish signal that often predicts sustained downward momentum. Key Takeaway: IWM’s persistent weakness highlights broader market hesitation toward risk-on assets, despite improving macroeconomic conditions. Is this a repeat of the ….. Trading Setup Trading Wedge Patterns: A Quick Guide Wedge patterns, like the one seen in SPY, can be powerful trading signals: 1. Breakout Direction: Watch for the price to decisively break above (bullish) or below (bearish) the wedge. 2. Volume Confirmation: A breakout accompanied by higher volume increases its validity. 3. Break-and-Retest: After the breakout, a retest of the wedge’s boundary often confirms the direction. 4. Stop Loss Placement: For bearish patterns, stops can be set above the upper wedge boundary; for bullish patterns, below the lower boundary. In SPY’s case, the break-and-retest to the downside suggests continued bearish pressure. Stay Tuned for Ticker Insights I’ll dive into CVNA, MSTR, and TSLA, providing a detailed breakdown of their price action and what they might signal for 2025. If you found this update helpful, leave a like, comment, or reply with your thoughts or questions! Thanks for reading, CL
MARKETSCOM:SPYShort
by coilemard