Bitcoin just crash approximately 14% from its all time high all the way down to $90500 area and was quickly bought up , back above major support area at 96000 area. Took a long position with stop a bit below the major support area around $94600. Target is not set yet, but $98600-$99000 is my first main target area for a 2RR. Depending on how the daily candle close I might be able to hold it back to its ATH around $103000 Will update in comments.
Using the Magic Linear Regression Channel on TradingView.com we look at some possible scenarios for SPY price movement. A shorter term regression channel shows SPY at the top of the channel and rejecting it today - even with more buyers than sellers in the TradingView Volume Footprint chart view. The bottom of the channel converges with last pivot low near $584. It could conceivable go lower, but with lower volume likely during the holiday season, it would seem less likely for it to make any more big moves barring some major unexpected event.
As we predicted earlier today, it is ranging now. For the 4-hour timeframe, we are in a ranging market; the uptrend is over. However, in the daily chart, the uptrend has not been violated. It is ranging folks! Be aware of it.
This trade is based on a clean 4-hour FVG (Fair Value Gap) setup. The FVG displaced above a short-term high, confirming a bullish structure shift, and subsequently retraced into a high-probability FVG. This type of retracement often offers strong entries with minimal risk while aligning with the higher timeframe directional bias. Key Levels to Watch: - Entry Zone: Within the retraced 4-hour FVG. - Immediate Target: HTF (Higher Timeframe) buyside liquidity at 34.88981. - Stop Loss: Positioned below the 4-hour FVG to protect against invalidation of the setup. Conclusion: This setup leverages a textbook ICT concept, utilizing displacement and retracement into a high-probability zone. If the price continues respecting the FVG and bullish structure, the HTF buyside liquidity target at 34.88981 becomes highly achievable. DYOR (Do Your Own Research)!
It’s hard to see but I believe that’s an inverse on USDJPY 1HR. I had to go to JPYUSD to see if it actually looked like a head and shoulder. Looks like it can go back to 150.8 maybe 151.1 But today is NFP so I’m not sure if it can catapult with such news ahead. Here’s some insight. The US jobs market suffered a setback last month with the worst NFP reading in nearly four years, with the Bureau of Labor Statistics (BLS) estimating that the US economy created just 12K net new jobs in October. Thankfully heading into this month’s NFP reading, economists are feeling much more optimistic on the outlook for the labor market: NFP Forecast As regular readers know, we focus on four historically reliable leading indicators to help handicap each month’s NFP report: The ISM Manufacturing PMI Employment component rose to 48.1 from 44.4 last month. The ISM Services PMI Employment component dropped to 52.1 from 56.0 last month. The ADP Employment report showed 146K net new jobs, down from the downwardly-revised 184K reading last month. Finally, the 4-week moving average of initial unemployment claims fell to an historically strong 218K from 236K last month. Weighing the data and our internal models, the leading indicators point to a roughly as-expected reading in this month’s NFP report, with headline job growth potentially coming in somewhere in the 180K-240K range, albeit with a big band of uncertainty given the current global backdrop. Regardless, the month-to-month fluctuations in this report are notoriously difficult to predict, so we wouldn’t put too much stock into any forecasts (including ours). As always, the other aspects of the release, prominently including the closely-watched average hourly earnings figure which came in at 0.4% m/m in the most recent NFP report. source: https://www.cityindex.com/en-uk/news-and-analysis/nfp-preview-could-a-strong-jobs-report-put-a-december-fed-pause-in-play/
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Gewinne im GLAMOUR Adventskalender ein exklusives Reiseset von Kapten & Son, bestehend aus dem Heathrow Check-In Koffer und dem Lisbon Rucksack – beide in edlem Sandton.
CAD/CHF is rising towards the pivot which has been identified as a pullback resistance and could reverse to the pullback support. Pivot: 0.62799 1st Support: 0.62399 1st Resistance: 0.63072 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$pnut PNUT made a 60% retracement from an all time high of about $2.4 Current price: $1.37 #pnut is currently form a rounded bottom. Price action is bottoming out... But $pnut is stuck in the range between 1-1.38 A break above can lead to higher price points up to $2.8
NZD/JPY is rising towards the pivot which is an overlap resistance and could drop to the 1st support which acts as a pullback support. Pivot: 88.77 1st Support: 87.77 1st Resistance: 89.46 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.