I’ve entered a long trade on Silver (XAG/USD) after observing a deep retrace to the 0.7 Fibonacci level on the daily timeframe. The entry at $28.96 is positioned strategically based on historical support and the current technical setup. The stop loss is set at $26.54 to mitigate risk, while the take profit target is $36.00, aligning with a potential bullish continuation. In the bearish scenario, a break below $27.50 will prompt a reassessment and tighter risk management. Conversely, on the bullish side, breaking above $32.50 will strengthen the case for holding towards the TP. Silver’s price action showcases its potential for a significant bounce back, supported by current geopolitical and macroeconomic conditions. Fundamentals: 1. Federal Reserve’s Hawkish Stance: The Fed’s updated projections for rate cuts in 2025 have pressured silver prices, as a stronger dollar and rising Treasury yields (above 4.5%) diminish the appeal of non-yielding assets. However, easing inflation in the long term could rejuvenate demand for precious metals. 2. Geopolitical Tensions: Although silver traditionally benefits from uncertainty, recent macroeconomic headwinds, such as concerns about tariffs under the new Trump administration and sluggish global economic recovery, have overshadowed its safe-haven status. 3. Industrial Outlook: Challenges in the industrial demand for silver, particularly from China’s solar panel production slowdown, add pressure. However, as inflation stabilizes and geopolitical risks unfold, silver could regain its industrial and safe-haven allure. Technicals: • Entry: $28.96 • Stop Loss: $26.54 • Take Profit: $36.00 • Key Levels: • Bearish Scenario: Manage position below $27.50. • Bullish Case: Strength above $32.50 confirms upward momentum. This setup leverages a confluence of technical retracement, macroeconomic factors, and the potential for a trend reversal. Stay sharp and pay yourself as the market unfolds. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
#SPX500 | #SPX | #US500 Fractal for SPX - US 500 Index, do you see a massive CRASH coming or i am wrong ?
Hi traders, Last week EU did exactly what I've said in my outlook. After a small correction up for wave 2, it dropped and made another correction up into the Daily FVG. This correction up is now finished, so next week we could see this pair go lower again to finish wave 5 (black). Let's see what the market does and react. Trade idea: Wait for a change in orderflow to bearish on a lower timeframe and trade shorts. If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment. This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals. Don't be emotional, just trade! Eduwave
Last week, we saw a significant drawdown in major cryptocurrencies, with Friday marking a "witching day." However, volatility appears to be subsiding, and it seems that Bitcoin is gearing up for a potential new all-time high.
Bank Nifty has been moving sideways for the past seven months and seems likely to continue in the same range. It also appears to be forming a symmetrical triangle pattern. Whether this pattern completes successfully or not remains uncertain. However, based on the minor trend, the 49,500 to 49,800 range has a chance of acting as a demand zone.
just simple market analysis - bulls rally stalled. target 509, 503
The recent upward movement in Nifty has been taking support along a trendline. Right now, it has again reached the same trendline. There’s a high chance it could take support here and move upward again. Additionally, there’s a demand zone around the same price range, which strengthens the possibility of an upward move. However, there’s also a possibility that the market could complete its downside move.
AB=CD pattren play beark B point and retracment complete at fib level 0.50% buy 5.32 SL 3.53 TP 8.07
Weekly: https://www.tradingview.com/x/OLw70izE/ -Sellside liquidity taken. -Next PD array is the weekly high. Daily: https://www.tradingview.com/x/DkOQs6Px/ -Bullish M pattern. -FVG. 4H: https://www.tradingview.com/x/XcdYMWbk/ -Bullish M pattern. -IC.
The stock markets have been rattled by a concerning development that historically has been a precursor to increased volatility and economic uncertainty - the uninversion of the yield curve. In December, long-term interest rates fell below short-term rates, reversing the inversion that had been in place. This yield curve uninversion is often viewed as a potential warning sign of an impending recession, as it has preceded the last seven recessions in the United States. Looking back at past data, the last time the yield curve was uninverted in this manner was in 2019, just before the COVID-19 pandemic triggered a major market downturn. Prior to that, it uninverted in 2006-2007, shortly before the Great Recession hit in 2008-2009. While the yield curve uninversion does not guarantee an imminent recession, it has proven to be a reliable leading indicator of increased market volatility and economic slowdown. Trade safe, Trader Leo