It looks like the USD is going to pump hard in the upcoming days to $22-23. I believe the dollar will then consolidate and then prepare itself for its final push to $30. TP 1: $22 TP 2: $23 SL/Invalidation: $20.059
NIFTY 24000 CE 26TH DEC EXP NIFTY OPTIONS BUYING TRADE TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS Hi Traders, Nifty is currently trading near a key support level, and we anticipate a potential bounce from these levels. Consider buying the 24000 CE (Call Option) 26th December expiry at a price range of 165–160. Target levels are set at 220, 280 with SL @ 130.
https://www.tradingview.com/x/T1vE5LQr/ NASDAQ:AVGO is having a short-term pullback in an overall bullish market. Personally, I think it may be supported by the high volume candle area, and start a new rally after a sideway movement. So keep an eye on it, the buy entry is coming soon.
Today we see a potential bullish move. First on the weekly chart we are in an uptrend and we see a fair value gap formed there to. We see that price has no tapped into the FVG. On the four hour we see price has formed an order block from that liquidity sweep. And now price is at the bottom of the order block. We also see that on the daily chart price has swept old low/ liquidity sweep. so all I'm looking for is a break of structure to the upside now that we tapped into order block and fvg. Let me know what you think!
Divergence between price and the RSI oscillator, and between price and the MACD oscillator indicate that the current situation going into 2025 is a toppy one. One might consider watching these oscillators and being on the lookout for a shorting opportunity or a bullish resolution of the divergence (less likely) through Q1.
Possible Moves in Bannifty Today as per Support and Resistance. But If Market Range bound then breakout will be decide where market will move further.
Nasdaq analysis ( link here ): Although we were only 100 points away from my target zone and it was a successful analysis, even this slight deviation is not acceptable in my evaluation—the exact predicted level must be reached. The price reached 22,129, but it has yet to hit the zone starting at 22,230. Therefore, I cautiously maintain a bullish outlook and am closely watching the price reaction at the key levels of 21,000 support and 21,620 resistance for further insights into the Nasdaq's movement.
Tesla experienced a significant decline during today’s trading session, aligning with broader market weakness. This sharp drop follows a recent bullish rally, prompting key questions regarding whether the stock is consolidating, forming a reversal, or preparing for another leg higher. Market Structure Analysis: Tesla has been in a strong uptrend for several weeks, recently reaching a high of $488. However, today’s action suggests a possible break in momentum, with the price closing below $450. The intraday sell-off has brought TSLA closer to key support zones, with a significant volume spike signaling heightened activity from institutional traders. Supply and Demand Zones: * Supply Zone: $467 - $488 (overhead resistance, marked by recent highs and profit-taking areas). * Demand Zone: $420 - $429 (critical support from the last consolidation zone in late November). Order Blocks and Support/Resistance Levels: * Key Resistance Levels: * $452: Near-term resistance where sellers became active today. * $467: Intermediate resistance from prior week’s breakout level. * Key Support Levels: * $442: Immediate support tested during the day. * $429: Lower support, coinciding with today’s intraday low and significant buying interest. Key Indicators: * EMA (9/21): * The 9 EMA has crossed below the 21 EMA on the hourly chart, indicating a bearish shift in momentum. * MACD: * Bearish crossover with increasing histogram bars below the zero line. * This suggests accelerating downside momentum. * RSI: * Dropping below 40 on the hourly timeframe, signaling oversold conditions but room for further downside. https://www.tradingview.com/x/rek9EdTG/ Options Flow and Gamma Exposure (GEX): * Call Walls: $480 and $500 (significant resistance levels based on options activity). * Put Walls: $430 and $420 (high open interest for puts, likely providing temporary support). * GEX: Gamma levels indicate that market makers may sell into rallies, adding downward pressure. https://www.tradingview.com/x/camMhd6x/ Scalping vs. Swing Outlook: * Scalping: * Focus on intraday levels such as $442 for potential quick rebounds, targeting $450-$452 resistance. Set a tight stop-loss below $440. * Swing Trading: * Watch for a decisive break below $429 for confirmation of a deeper pullback. Alternatively, a reclaim of $452 could trigger a move back toward $467. Actionable Suggestions: * Bearish Setup: * Entry: Below $429 * Target: $420 * Stop-Loss: Above $435 * Bullish Setup: * Entry: Above $452 * Target: $467 * Stop-Loss: Below $445 Conclusion: Tesla’s recent sell-off has brought the stock into critical support zones, offering opportunities for both bears and bulls. However, caution is warranted given broader market volatility and bearish technical signals. Traders should monitor key levels and volume to confirm the next move. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Analysis: ? BTC.D is trading within an ascending channel, currently at the upper resistance line (~58.4%). A potential bearish setup is forming, indicating a decline toward the lower channel support and a possible breakout downward. Targets can be set within the shaded support zone Key Levels: Resistance: ~58.4% Support: ~55% (critical zone for consolidation) Channel Breakdown Target: ~54% Ascending Channel: The price is trending within an ascending channel, marked by parallel resistance and support lines. The chart suggests the price has recently touched the upper resistance of the channel. Bearish Divergence Projection: The shaded horizontal box towards the bottom represents a critical support area around the 55% dominance level. then The current level (~58.35%) is identified as a possible resistance, reinforcing the bearish outlook. ?Risk/Reward: Attractive if the price confirms the breakdown. Watch for volume and price action around the lower channel support for continuation or reversal signals. Disclaimer: Not financial advice. Trade with proper risk management.
Traders! This pair is looking very promising guys. But as I spoke into the video we just need to wait for the confirmation. You have to remember that before you think to make any profit from the market you have to think about protecting your capital by taking high quality trades. Discipline and patience is key.