Greetings Team Do we have a possible bull flag being formed or will we see a pull back to the 21, 50, or 200 EMA with a reversal candle?Or is this just the beginning of the distribution phase leading to a mark down? Please share your hypothesis below
I saw a potential correction on BTCUSD prior to the FOMC rate decision. As forecast showed another rate cut tomorrow, we can make a good bet with great risk to reward ratio for selling from this level. So.. Are you going with me on this? CHEEERRRSSS...!!!
TRADING CAN CHANGE YOUR LIFE !! META - APPLE - AMAZON - SPX - SPY - TESLA - NVIDIA - JP MORGAN - RIVIAN - LUCID AVGO - HOOD - ROCKETLAB - AFFIRM - GOOGLE - SOFI - MICROSOFT - META -TSM - CRM - AMD QCOM - BAC - AMEX - DISCOVER FOREX EURUSD - GBPUSD - USDJPY BTC Key Considerations for Trading Forex, BTC, and Stocks Trading in financial markets, whether it's Forex, Bitcoin (BTC), or stocks, involves a unique set of challenges and opportunities. Here are crucial points to keep in mind before diving into these markets: For Forex Trading: Leverage: Forex markets offer high leverage, which can amplify both gains and losses. Understand your risk tolerance and use leverage cautiously. Market Hours: Forex markets are open 24/5, which means opportunities and risks are constant. Consider when you trade in relation to major market sessions (London, New York, Tokyo). Volatility: Currency pairs can be highly volatile, especially around economic news releases or geopolitical events. Stay updated with economic calendars. Interest Rates: Central bank policies can significantly affect currency values. Monitor interest rate decisions and monetary policy statements. Pair Correlation: Understand how currency pairs correlate with each other to manage your portfolio risk better. For Bitcoin (BTC) Trading: High Volatility: Cryptocurrency, especially Bitcoin, is known for extreme price movements. Prepare for significant price swings. Regulatory Environment: Keep an eye on global crypto regulations which can influence market sentiment and price. Market Sentiment: Bitcoin's price can be heavily influenced by news, tweets from influencers, and market sentiment. Tools like sentiment analysis can be beneficial. Security: Since BTC is digital, security of your wallet and trading platform is paramount. Use hardware wallets for long-term storage. Liquidity: Ensure you're trading on platforms with good liquidity to avoid slippage, especially during volatile times. For Stock Trading: Company Fundamentals: Unlike Forex or BTC, stocks are tied to company performance. Analyze earnings, financial statements, and growth prospects. Dividends: Some stocks offer dividends, providing an income stream which can be reinvested or taken as cash. Market Trends: Stocks are influenced by broader market trends, sector performance, and macroeconomic indicators. Diversification across sectors can mitigate risk. Brokerage and Fees: Stock trading can involve various fees like transaction fees, management fees, etc. Choose your broker wisely based on cost and services. Long vs. Short Term: Decide if you're in for long-term investment or short-term trading. Each strategy requires different approaches to analysis and risk management. General Tips for All Markets: Education: Continuous learning about markets, new tools, and strategies is essential. Risk Management: Never risk more than you can afford to lose. Use stop-loss orders, diversify, and only invest money you don't need for living expenses. Psychology: Trading can be emotionally taxing. Manage stress, fear, and greed to make rational decisions. Technology: Utilize trading platforms, analysis tools, and keep abreast of technological advancements that can impact your trading, like blockchain for crypto. Regulation: Understand the regulatory environment of each market you're trading in to avoid legal pitfalls. Community and Mentorship: Engage with trading communities or find a mentor. Learning from seasoned traders can provide shortcuts and insights. Remember, every market has its nuances, and what works in one might not work in another. Tailor your strategies to each asset class while maintaining a cohesive risk management framework across all your trading activities. Good luck trading!
AMB seem to be in a bearish spree. It had a parabolic (almost) 70% move up from 0.0085. Since then coin is retracing back to key levels: - trendline from weekly at 0.009 - fib retracement level of 0.618 at around 0.00858 - 0.00858 is also a key support zone from weekly timeframe I would expect a move up from 0.00858 and 0.009 zone
Using Ichimoku 26 period with 15min tf trend and Forecast tool
Buyers have found 1.6570 as an area of price being over valued on multiple occasions. Look for a change of cycle and a sell setup if you agree with the analysis. Potential final targets could be the most recent resistance at 1.6370
Hello friends This coin is placed in a channel. Now, according to the rising market, we have two scenarios: 1_ To break the channel from here and go to register new ceilings. 2- You cannot succeed in a channel failure and buy in the lower range that we specified. There is another mode, according to the rising market, if the channel succeeds in a valid failure, we should buy a pullback. Be successful and profitable.
The Bank of Japan's (BoJ) upcoming interest rate decision could be a pivotal moment for the USD/JPY currency pair, potentially driving it down to the 145 level. Here's why: Narrowing Interest Rate Differential: If the BoJ decides to raise interest rates or signals an intent to do so in the near future, this would narrow the interest rate differential with the U.S. The U.S. has been maintaining higher interest rates compared to Japan's negative or near-zero rates. A reduction in this gap would make holding Japanese Yen (JPY) relatively more attractive, thus strengthening the JPY against the USD. Market Expectations and Sentiment: Markets often react to expectations before they react to actual news. If there's a growing consensus or speculation that the BoJ might tighten policy, traders might preemptively adjust their portfolios, leading to a stronger JPY. Recent posts on X have hinted at expectations of BoJ rate hikes, which could fuel this sentiment. Technical Analysis Indicators: From a technical standpoint, if the BoJ surprises with hawkish comments or actions, this could trigger a sell-off in USD/JPY. The pair has been hovering around key resistance levels, and a policy shift might push it below significant support levels, potentially aiming for 145. Technical analyses often look for signs of a break below current supports, which could be catalyzed by a BoJ decision. Global Economic Conditions: The global economic landscape, including U.S. economic data like employment figures, inflation rates, and Fed policy, will also play a role. If U.S. data suggests a softening economy or if the Fed signals rate cuts, this would weaken the USD against other currencies, including the JPY. Conversely, a dovish BoJ might not lead to as significant a drop, but the current market sentiment seems to be banking on at least some tightening from Japan. Psychological Levels and Market Dynamics: The 145 mark could act as a psychological level for traders, where large volumes of trading might occur due to this round figure. If the BoJ's actions or statements align with market expectations of a policy shift, this could accelerate the move towards this level, especially if there's already momentum in that direction.
Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral. Prices are messed up due to contract change but my lower targets were hit and market is in balance at now 6140ish. Huge support 6115 for the bulls and bears need a strong 1h bar close below it for lower prices. Bulls are in full control when market can only go sideways right under the ath. comment : Both sides made money today so I expect them to do the same tomorrow. If anything I see the chances of another bull breakout higher than a break below. We have clear support at 6115 and until this is strongly broken, look for longs near it. current market cycle: bull trend - late and will end soon key levels: 6115 - 6200 (contract change, so prices are much higher compared to Monday) bull case: Bulls are still buying the dips and making money. They prevent any stronger selling and that is why most will expect a break above the 1h 20ema tomorrow and the bear trend line. 6150 is their target for tomorrow. Depending on what Jpow delivers, we could melt up again but it’s a gamble I am not willing to take tomorrow. Many bulls also bought this because it’s close to the daily 20ema. We have closed once below it in the past 6 weeks. Invalidation is below 6100. bear case: Bears are trying but getting nowhere. They make money scalping but that’s about it. How likely is acceleration downwards? Very unlikely. Most bullish weeks of the year and markets are at peak euphoria. Invalidation is above 6200. short term: Neutral. FOMC tomorrow and if anything I expect bulls to trade back up to 6180 going into it. 6115 - 6140 is neutral. Bearish only below 6100. medium-long term - Update from 2024-12-15: Will write a new outlook for 2025 next week. current swing trade: Nope trade of the day: Selling since Globex or buying previous support 6115. Bears kept it below the 1h 20ema which had 3 great short opportunities today but bulls also had decent bounces off 6115.
This is Adam and Eve in linear. You are blind if you don’t see the descending overhead, and we’re at the right, inverse shoulder of an IH&S, and we have spinning tops. The whole chart history has been bearish, with lower and lower highs. I’m looking for that counter-trend move that prints a fresh higher swing high, which would signal at least an attempt at a new bullish run. Daily candles become bullish after a higher swing high, and then after a higher swing low. If the price begins to revisit the prior neckline after a higher swing low, then it’s assumed at that point bullish. The overhead resistance is all time overhead resistance in linear. It’s strong overhead, but it’s only theoretical. It means nothing and will be easily overcome with any volume event. Go back to $.10us, and bears will start crapping themselves.