Am Montagabend läuft der riesiger Sci-Fi-Blockbuster eines großen Hollywood-Regisseurs im TV. Er erschien 2022 und floppte brutal.
Asalam.o.alaikum (Hi) Community, Hope you are fine and doing all of your great, so yesterday i published the Bitcoin's reversal area's chart according to 30mins time frame and we've got the best move and 100% accuracy along with brokage commission. So, now we having this chart according to market momentum, our first reversal (minor) will be happened at 50% (Mentioned in the chart) and second and major is at the 100% (Mentioned in the chart). After that we have new structure, let see what happened in the market today. Don't forget to leave your reply about will it continue the reversal or go future bearish? Exited to know what's your thinking.... Cheers, Thanks! Intikhab Gillani MOCHH Analyst (Ultra Securities & Hedge Funds PvT Limited Pakistan) 23/12/2024
?**Description:** This chart outlines a **bearish trade setup** for Amazon ( NASDAQ:AMZN ) with a focus on capitalizing on downside momentum: - **Entry**: $225.05 – Price is at a potential rejection zone below resistance. - **Stop Loss**: Above $230.40 – Protects against invalidation of the bearish setup. - **Targets**: - **Target 1 (T1)**: $219.78 (red line) – Immediate support and a key short-term target. - **Target 2 (T2)**: $211.86 (green line) – Strong secondary support for extended downside profit. **Key Setup Details**: - The breakdown from the ascending trendline suggests bearish momentum. - Price rejection near $225.05 provides a favorable risk-reward ratio for this trade. **Strategy**: - Enter short at $225.05. - Place a stop loss above $230.40. - Look for profit-taking at $219.78 and $211.86. **Why This Chart is Important** This chart highlights a bearish breakdown opportunity in AMZN, offering a favorable risk-reward setup for short trades. **Conclusion** A rejection at $225.05 with targets at $219.78 and $211.86 confirms bearish momentum, making this a strategic short entry. ?
The total crypto market capitalization appears to be nearing its peak, as we are now in the final stages of the larger-degree Wave 5. Within this wave, we anticipate a corrective move in the smaller subwave 4 before the final push in subwave 5. This final leg of the larger Wave 5 is projected to drive the market cap to at least $4.5 trillion.
? Gold was supported late last week by the release of Core PCE data from the US showing a slowdown in inflation. This eased concerns that the Fed could keep interest rates higher for a longer period of time, supporting gold prices. However, the upside momentum was limited as the Fed earlier signaled a more cautious stance on rate cuts next year under President Trump. Gold broke above its recent high around 2626 to extend its rally to 2632 late last week, but failed to hold above this level and is now falling.
DXY - U.S Dollar Index Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Bullish Channel as an corrective pattern in Short Time Frame Resistance with Strong Bearish Price Action
Fundamental Analysis Gold prices held steady near $2,625 in early Asian trading on Monday. The Federal Reserve’s hawkish stance could weigh on the yellow metal. However, a weaker greenback following weaker inflation data could limit the yellow metal’s downside. The Fed cut interest rates at its December meeting as expected but signaled it would slow the pace of further reductions in borrowing costs. The Fed’s dot plot, a chart that projects the future path of interest rates, shows a half-percentage-point cut in rates by 2025, compared to a full percentage-point cut expected in September. This, in turn, further boosts the US Dollar (USD) and weakens USD-denominated gold as higher real interest rates increase the opportunity cost of bullion. Technical Analysis Gold marked a second consecutive bullish rebound today. Although there were some adjustments at the beginning of the Asian session, as long as the correction does not exceed 2605, it is still a buying opportunity worth paying attention to. 2651-2665 are considered the two technical resistance zones of gold price today before it wants to uptrend again and find the peak around 2692. If 2605 is broken, 2657 will be the target of all subsequent downtrends.
Trump's friendly relationship with Elon Musk, combined with the potential continued market focus on electric vehicles and the automotive sector next year, is worth keeping an eye on. Currently, Toyota's stock in Japan is showing signs of a technical rebound, and the Toyota ADRs listed in the U.S. seem to be gearing up for a bottom breakout.
Key Observations: Descending Wedge Pattern: The price is forming a descending wedge, typically a bullish reversal pattern. A breakout above the upper trendline would confirm the bullish bias. Buy Zone: Highlighted near $0.25259–$0.26526, aligning with the lower wedge support and close to the 200 EMA. This zone is where buyers might step in for potential upside momentum. Resistance Levels: $0.31188, $0.33247, and $0.39109 are key resistance levels. These are likely profit-taking zones if the breakout occurs. 200 EMA Support: The price is trading near the 200 EMA, providing dynamic support at $0.23831. Oscillators: The ChartPrime oscillator shows bullish signals at the bottom, indicating the possibility of upward momentum building. Potential Scenarios: Bullish: If the price breaks above the wedge, the next targets could be: $0.31188 (first target) $0.33247 (second target) $0.39109 (final target) Volume confirmation is crucial to validate the breakout. Bearish: If the price breaks below the wedge and loses the $0.25259 support, it might retest the $0.23831 EMA or lower. Trade Strategy: Entry: Near the $0.25259–$0.26526 buy zone for a safer entry. Stop Loss: Below $0.25259, to avoid risk if the pattern fails. Targets: TP1: $0.31188 TP2: $0.33247 TP3: $0.39109 This setup aligns with a high-risk-to-reward ratio due to the descending wedge structure.
Guys Keep holding Gold Next possible Moves in this post be patience wait for perfect entry.