The NZD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 0.8138 2nd Support – 0.8077 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
? ? ? Asset: Viking Therapeutics, Inc. (VKTX – NASDAQ) ? Timeframe: 30-Min Chart ? Setup Type: Symmetrical Triangle Breakout + Retest ? Trade Plan – Long Position ✅ Entry Zone: $23.60 (Breakout confirmation above triangle resistance) ✅ Stop-Loss (SL): $22.50 (Below structure & trendline support) ? Take Profit Targets: ? TP1: $24.89 – Key resistance zone ? TP2: $26.79 – Strong supply zone ? Risk-Reward Calculation ? Risk: $1.10/share ? Reward to TP2: $3.19/share ? R/R Ratio: ~1 : 2.9 – Strong technical setup ? Technical Highlights ? Breakout from triangle resistance ✔ ? Retest candle confirming support ✔ ? Trendline support intact with higher lows ✔ ? Momentum building with bullish candle follow-through ✔ ? Risk Management Strategy ? Move SL to breakeven after TP1 ? Book 50% profits at TP1 ? Let remainder ride toward TP2 ? Setup Invalidation If: ❌ Price closes below $22.50 ❌ Breakout fails with low volume ❌ Rejection near $24.00–$24.50 zone ? #VKTX #BreakoutPlay #SwingTrade #NASDAQ #ProfittoPath #TrianglePattern #MomentumTrade #RiskReward #TradingView #SmartEntry
I have kept an eye out on this chart for the last month. I see a head and shoulder on the Month & Week chart. If NFLX has an amazing earnings... expect a celebration. I heard a guru say that successful companies who deliver will be rewarded; which means we also can be rewarded. I have my levels marked off. Do you? I'll post my day chart after market close Thurs and be tuned into the earnings call. If it's a win and the "macro environment" keeps NFLX down, let's track the wins for when the time comes to get that arrears.
Here's a longer term view of teh dollar index. Yes, it can go down a lot further.
??? AUD/USD news: ➡️ The AUD/USD pair is hovering just below the 0.6400 mark as bullish momentum pauses after a recent strong rally that pushed the pair to its highest level in nearly two months the day before, ahead of upcoming Australian employment data. The Australian dollar is supported by the Reserve Bank of Australia's cautious stance on further rate cuts, expectations of more stimulus measures from China, and a temporary suspension of tariffs by Trump. ➡️ The Australian dollar's upward momentum accelerated mid-week, lifting AUD/USD close to the 0.6400 level. This bullish movement followed a renewed wave of U.S. dollar weakness, amid ongoing U.S.-China trade concerns that continue to weigh on market sentiment. Personal opinion: ➡️ DXY is maintaining good upward momentum today and will likely continue to maintain this recovery after entering the overbought zone. Therefore, AUD/USD will have a technical pullback in the near future. ➡️ Analysis based on important resistance - support zones combined with trend lines and RSI to come up with a suitable strategy Plan: ?Price Zone Setup: ?Buy AUD/USD 0.6320 -0.6300 ❌SL: 0.6275| ✅TP: 0.6370 -0.6400 FM wishes you a successful trading day ???
The overall trend of EUR/USD appears upward when observed from a higher time frame, indicating that the 4th wave has completed and the 5th wave is in formation. Within the main 5th wave, sub-waves are developing, and it seems we are currently in the sub-wave of the 5th sub-wave. Once this sub-wave completes, the main 5th wave is also expected to complete. The invalidation level for this structure is at 1.10920 . If the upward move continues as expected, potential targets could be seen around 1.14683 and 1.15894
Price is approaching key support zones that previously triggered impulsive rallies. Oscillators are flashing a potential bullish divergence, and the $2.00 level stands out as a short-term demand zone. ? Scenarios: — Scalp Long Setup: Reaction off $2.00 with a tight stop below the recent low. Suitable only for short-term trades or scalps. — Swing Buy Zone: Sits deeper at $1.40–$1.60, aligning with weekly and daily demand. Spot bids already placed in that range. ⚠️ Structure Reminder: Price remains bearish unless we reclaim $2.50+ on a closing basis. Until then, this is bottom formation in progress — not yet confirmed reversal. ? Plan: — Watch for SFP or bullish structure around $2.00 — Scale heavier at $1.50–$1.40 zone — Invalidation below $1.08 — Initial target: reclaiming $2.58
inverse head shoulder, long crude long crude long crude
No other gaps Available on the downside. Gap filled for the week Only one Gap remaining that is in 100k area
After a 400% monthly rally, price is now testing major resistance at $0.93–$1.00, which aligns with: — Monthly supply zone — Psychological level at $1 — Key breakdown structure from earlier ? Key observations: — First retest of the level that triggered the previous collapse — Signs of local weakness on the daily TF after tapping resistance — Untapped D1 order block below ($0.25–$0.30 range) ? Trade Setup: — Short Entry Zone: $0.93–$1.00 — Targets: $0.65 (interim support) → $0.25–$0.30 (OB demand) — Invalidation: Strong breakout and close above $1.03 with volume ⚠️ This is the first reaction to HTF resistance. Losing the $0.78–$0.80 support would open the door for a deeper correction.