1. Seasonality The GBP is range-bound during the first week of December, while the USD exhibits bearish momentum. This suggests a neutral to slightly bullish outlook for GBPUSD based on seasonality. 2. COT Report The GBP's COT RSI is also range-bound, indicating no strong directional bias. 3. Fundamental Analysis LEI The GBP Leading Economic Indicator (LEI) is decreasing, while the USD LEI is increasing. Global LEI is also rising, favoring USD strength and suggesting bearish pressure on GBPUSD. Endogenous Factors GBP endogenous factors are signaling a sell, adding to the bearish sentiment for GBPUSD. Exogenous Factors Exogenous indicators for GBPUSD are also showing a decrease, further supporting a bearish outlook. 4. Technical Analysis GBPUSD is forming an ABCD pattern and is currently moving toward point D. The 0.5 Fibonacci retracement level at point C is also coinciding with a 4-hour resistance, suggesting a potential reversal or slowdown at that level. Bias The combined analysis suggests a bearish bias for GBPUSD, with the 0.5 Fibonacci level and 4-hour resistance offering a critical point to consider for potential short entry. Trade Plan: Entry: 1.26520 SL: 1.27273 TP: 1.25769
Over the weekend, the fighting between Israel and Lebanon paused, and Israel turned its attention to Syria, hoping to use this move to weaken the Russia-Ukraine war situation. However, as of now, the situation remains deadlocked, and Ukraine has not gained any significant advantage. Many of you may not understand the connection between these events, but here’s a simplified explanation: Ukraine and Israel are in the same camp. While Ukraine has been facing difficulties in the Russia-Ukraine war, Russia holds over 80 strategic points in Syria. If Russia loses these, it would be a significant blow. So, Israel, as an ally of Ukraine, attacked Syria, hoping to help Ukraine gain an upper hand before a ceasefire, thus securing more significant benefits. However, up to now, things have not gone as smoothly as expected. Russia deployed troops to Syria, and in the process of attacking, they destroyed a command center of the four-nation alliance. Reports suggest that the leader of the Shams Liberation Organization may have been killed in the strike. Due to the stalemate in the war, gold's price movement has been unclear. In this situation, the focus should be on the developments in Syria. If Israel gains the upper hand, the probability of gold rising increases significantly. From a technical standpoint, the bulls currently have a slight advantage. Key support is at around 2635. As long as this support holds, the bullish momentum is likely to continue, and we may see a rapid rally at any time.
A8USD Daily Chart Analysis The chart for A8USD displays a classic bullish reversal pattern, signaling a strong potential for upward movement. Here's the analysis: Key Observations 1. Pattern Formation: o Between October and November 2024, price appears to have formed a bottom, creating an inverted head and shoulders pattern. 2. Neckline Breakout: o At the end of November, price broke through the neckline of the pattern. o Several consecutive closes above the neckline reinforce the breakout's validity. 3. Volume and Momentum: o A spike in volume confirms strong participation in the breakout. o The MACD in bullish territory indicates positive momentum backing the move. Trade Details • Position: Long • Entry: 0.1270 • Stop Loss: 0.1052 (17.21% risk) • Initial Target: 0.2177 (67.48% potential return) • Risk-to-Reward Ratio: 3.93 This trade setup offers an excellent risk-to-reward ratio and is supported by a solid technical reversal structure and bullish momentum indicators.
The market is currently forming a Daily Reversal pattern . Based on 4HR TF, the market seems to be forming a possible reversal chart pattern as well. We could see Sellers coming in strong should the current level hold. Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
APH Amphenol Corporation this is what it would look like if it goes up, follow the blue line. probability says that it will go up. not straight up but it will make higher highs and higher lows.
I just want to show you the bottomed out ones. The ones that already hit bottom, started to recover and are ready to move. You know, we can become distracted tracking the pairs that are already moving strong. We see those pairs and we want to buy but it is already too late even if they continue moving up. I have to buy at the bottom and wait patiently until it grows. Someday, it will be at the top of the list and I will be already in for months. That's how I get maximum profits. So you buy at the bottom and wait. No hurry, no doubt, no fear, no anxiety, no mistakes. Since you bought low, the market can retrace and it wouldn't be a problem. Since I bought low, the market can do whatever it wants... Once we hit bottom, the only place left to go is up. I am showing you the pairs that have a higher chance of hitting it big. Don't get me wrong, market conditions can change, but with these we have low risk and a very high potential to collect huge profits after the bullish wave is in. Make money fast or make money slow? Forget about the speed; not fast nor slow; just buy and hold. ➖ Some pairs will move days after you buy, that's great. ➖ Some pairs will take weeks and that's also good. ➖ Some pairs will take months. ➖ Others will fail, that's how it works. We cannot win them all, but if we have a sound strategy we can come out on top. I am wishing you the best in the whole world. My heart is shinning bright today, feeling grateful for your amazing support. Namaste.
SQ pumped when BTC bumped last bull season. It broke the top resistance, if it above the resistance, it should rally big in no time. Happy trading. NYSE:SQ
making 500% after the breakout of the falling wedge pattern I had already mentioned it before this mythical pump Check it?? https://www.tradingview.com/chart/HBARUSDT/FWSutuyM-HBARUSDT-buy-the-bottom/ Hold on HBAR ...previous ATH is important target Can get 2$ if it clear the red rectangular Best regards Ceciliones ?
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Summary: AMD has been in a multi week (beginning 11/12) inverse head & shoulders pattern that formed within a broader descending channel. There is very little selling pressure on the current test of inverse H&S neckline (142.9) and trendline resistance so I would expect a small, low volume pullback before we get a breakout above the neckline and full reversal. In addition to this, AMD just broke above the 20d SMA and in previous reversal crossovers this year, they were followed by significant uptrends (see Aug’24 and Sep’24 for reference). Bullish Thesis is valid unless the right shoulder fails to form; my preference would be a small right shoulder forming above 139.7 buy zone. Trade Plan: Day trade or swing calls on a break above 142.9 with expectations of bullish run to 145 & 148. Stop loss would be 20% or failed breakout and loss of 140.9. I will likely be looking for 2-3 week expirations and 145C. Risk vs Reward: +$5 upside, -$2 downside (2.5:1)