NASDAQ:TSLA following downtrend heading towards its strong support level of 222. If fails to hold; Possibly hit 191 https://www.tradingview.com/x/MxH7dwmC/
Just a theory. Technical analysis of global markets based on 3 assets. Nothing more to say, because this is a theory.
? In this analysis, I demonstrate how a combination of key technical indicators can provide high-probability trade setups. By using Auto Fibonacci Gauge, Quantum Moving Average, Momentum Charge Theory, and Smart Money Concept, we can decode market movements with precision. ? Auto Fibonacci Gauge: The Perfect Retracement The Auto Fib Gauge shows a textbook retracement, respecting key levels like 23.6% & 61.8%. These levels act as potential reversal zones where price reacts based on trader sentiment. ? Quantum Moving Average & Momentum Charge Theory: Trend Confirmation The Quantum Moving Average aligns perfectly with the momentum shift, confirming trend direction. The Momentum Charge Theory further validates entry & exit signals, showing confluence with the Fib levels. ? Smart Money Concept: Tracking Institutional Moves The SMC method helps identify where large institutional orders (aka smart money) are likely placed. Key structure points like BOS (Break of Structure) & CHoCH (Change of Character) signal potential trend shifts. ? Why is this important? Combining these indicators enhances probability of successful trades. Understanding retracements, momentum, and institutional order flows helps traders avoid weak setups and trade with confidence. ? What’s your take? Do you use similar confluences in your trading? Let me know in the comments!
Let's take a step back. Higher lows!!! and BTC is hitting a double bottoms during a terrible week in stock. That should be telling that while we are making a turn (with volatility), there is a very fav upside case here. I'm not emotional about any of this, just follow the signs and the data! Next week will be epic IMHO. Lock it in at a good price before it spikes and you miss out on the train. All the best and safe trading. Always remember to have an exit strategy and follow the signs / data. It's all risk / reward. No risk -> no reward!
//@version=5 indicator("Pullback Detector", overlay=true) // تنظیمات length = input(50, title="EMA Length") ema50 = ta.ema(close, length) def isPullback(): return (ta.lowest(close, 5) > ta.lowest(close, 20)) and (close < ema50) pullbackSignal = isPullback() plot(ema50, title="EMA 50", color=color.blue) plotshape(pullbackSignal, location=location.belowbar, color=color.red, style=shape.labeldown, title="Pullback Signal")
We had a market structure shift on the M1 timeframe. We should see price bounce up from here with high volume.
XRP/USD long Entry Price 1: $2.10 Entry Price 2: $1.70 Stop Loss: $1.20 Take Profit 1: $2.50 Take Profit 2: $2.80 Take Profit 3: $3.20 Take Profit 4: $3.50
This S&P 500 E-mini Futures (ES) daily chart highlights a potential bearish Elliott Wave structure following rejection from a key resistance zone. - The market encountered strong resistance near the 5,600 level, leading to a sharp decline. - A five-wave impulsive bearish structure appears to be forming, with Waves (1) and (2) already completed. - If this pattern continues, Waves (3), (4), and (5) could drive prices lower, targeting key support levels in the coming weeks. Traders should watch for confirmation of Wave (3) acceleration, as it is typically the strongest wave in an impulse. A break below recent lows could confirm further downside, while a strong bounce from lower levels may indicate a correction or trend reversal. Risk management remains crucial, as volatility can increase during corrective and impulsive waves. Keep an eye on macroeconomic factors and technical confluences for additional confirmation.
I'm very surprised that BTC has held out pretty well during this bad storm! We can see a very clear double bottom and edging towards that value gap recovery and beyond. These last 2 days has been horrible for stocks, but BTC has shown to be quite resilient and staying firm in the low 80k support line. Have a strong gut feeling and supported by tech analysis, that early next week will be very nice for long 2x ETFs....like MSTU and others like BITU. In the same vein, VIX figures like these are not sustainable and will come down, which will further boost BTC IMHO. All the best and safe trading. Remember that reward favors those who take chances and take calculated risks!! I'd be surprised if I don't make at least 15% on this upside. PS I'm wrong 20% of the time :)
NQ100 has been selling off mainly due to the tariffs issues but I'm more concerned with the draw on liquidity on the daily time frame at 17626.74 as it is a daily low. I'm anticipating price to draw close to that price due to this and also we have the London session low at 17657.27 which is very close to the price I mention above hence the idea of a buy to take out the London high .