Trend Overview: The FTSE 100 remains in a prevailing uptrend, with recent price action reflecting a corrective pullback towards a previous consolidation zone, now acting as a support level. Key Levels: Support: 8550 (key level), 8490, 8430 Resistance: 8614, 8655, 8700 Bullish Scenario: A pullback to 8550, followed by a strong bullish reversal, could confirm the support level and signal further upside momentum. A breakout above 8614 may open the way toward 8655 and 8700 in the longer term. Bearish Scenario: A daily close below 8550 would weaken the bullish outlook, increasing the likelihood of a retracement towards 8490, with 8430 as the next downside target. Conclusion: The FTSE 100 remains bullish above 8550, with potential upside targets at 8614, 8655, and 8700. However, a break below 8550 could shift momentum to the downside, targeting 8490 and 8430. Traders should watch price action near 8550 for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Hello Traders, I hope you are all doing well. Here’s a quick analysis of SOL on the weekly timeframe. After reaching its all-time high of $295, SOL experienced a 60% decline within 11 weeks. According to the chart, the support trendline remains strong, and technically, the price has not yet reached that level. If we see a further dip toward the support trendline, SOL could drop as low as $90. However, a rebound from this level could lead to a significant upward move. Long-Term Strategy: ✅ Accumulation: $90 to $125 ✅ Trade Type: Spot ✅ Target: $300 to a new all-time high ✅ Period: By the end of Q3 ? Reminder: Always conduct your own research and analysis before investing. This is not financial advice. Regards, Team Dexter
Aptos 3rd wave coming soon - i think APTOS is a good trade now - look at this perfect entry for the 3rd wave.
Hi all This is a simple A+ trade setup that I have been looking at. All aligning with higher TF we have already pushed away from the OTE zone and this is a simple retracement. In smaller timeframes we can notice a large buy side volume gap that give me confluence buyers are in control but also showing me price need to fill fair value before looking to buy from that same area. Please follow for me details on this trade setup Cheers!
Based on RSI divergence, EW count and volume support it seems likely that SPY will correct to equal leg (ABC) region between 480-520 before the correction is over and further upside can be seen.
Johnson & Johnson (JNJ) Shares Drop Over 7% As the chart shows, Johnson & Johnson (JNJ) shares declined by approximately 7.6%, reaching their lowest level since late February. This marked one of the worst performances in the stock market yesterday. Why Did JNJ Shares Fall? Two major bearish factors contributed to the decline: A Texas judge rejected Johnson & Johnson's third attempt to settle lawsuits related to allegations that its baby powder and other talc-based products harmed consumers. On Tuesday, Johnson & Johnson announced that its upcoming acquisition of Intra-Cellular Therapies is expected to dilute adjusted earnings per share by approximately $0.25 for the full year 2025. Investors appear to have reacted negatively to this outlook, despite the company’s expectation that the deal will generate around $700 million in additional sales. https://www.tradingview.com/x/cCJBoMW4/ Technical Analysis of JNJ Stock Chart Price movements in 2025 have formed an ascending channel (marked in blue), with indicators highlighting how: → The channel’s boundaries have acted as support and resistance levels. → The channel’s median line has served as a “magnet” for price action, reflecting the balance between supply and demand. As JNJ's share price approaches the lower boundary (circled), just above the psychological support level at $150—previously a key level in February—traders have reasons to anticipate that the decline may slow down or even lead to a significant rebound from this support area. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
In the early trading session on Wednesday, the euro against the US dollar fluctuated narrowly around 1.0800. It had declined slightly for the second consecutive day on Tuesday and entered a consolidation phase around 1.0800 in the European morning on Wednesday. The short - term technical outlook failed to offer a clear price trend indication. The disappointing macroeconomic data from the US on Tuesday made it hard for the dollar to strengthen, thus supporting the euro against the dollar. However, the cautious market sentiment prevented the currency pair from gaining upward momentum. Later today, the ADP Employment Change data will be on the US economic calendar. But investors are unlikely to respond to this data before President Donald Trump announces the tariff measures on "Liberation Day". The RSI indicator continues to move sideways around 50, reflecting a lack of clear short - term directional momentum for the EUR/USD. If the euro remains below 1.0800 and this level is confirmed as resistance, technical sellers may act, opening the door for a further slide towards 1.0730 (200 SMA). On the upside, 1.0840 ( 20 SMA) is the first resistance level, followed by 1.0900 and 1.0950. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ?GBPAUD has been overall bullish trading within the rising channel marked in blue. Moreover, it is retesting a strong structure. ? Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support. ? As per my trading style: As #GBPAUD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) ? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Technical: After a sharp decline, TRADENATION:USTEC has found support at the 61.8% Fibonacci retracement level. A reversal candle on March 31, followed by a bullish confirmation on April 1, suggests a potential bottom. Today’s small pullback ahead of Liberation Day may offer a buying opportunity. Fundamental: While concerns over tariff implementation persist, the market may have already priced in the worst-case scenario. Any outcome perceived as "less bad than expected" could trigger a short-term rebound. Additionally, increased commercial interest in TRADENATION:USTEC signals that smart money is positioning for a move higher. Risk & Reward: This is a speculative setup due to ongoing tariff uncertainties, but it presents an attractive risk-reward opportunity. ? Trade Idea: Entry: 19308 Stop Loss: 18766 Target: 20726 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Waiting for it to fill in the fair value gap then take sells for the rest of the day