After a strong bearish channel that lasted several weeks, the market has finally broken out of the resistance level — a key technical signal. This breakout was followed by higher lows and higher highs, suggesting a possible shift in momentum. ? Volume has also increased noticeably around the breakout zone, which can signal stronger conviction from buyers. The question now is: Are we entering a new uptrend? As long as the price holds above the broken resistance (now acting as support), bulls could take control. Traders should keep an eye on key support zones and potential continuation patterns to confirm the trend reversal. ? What do you think — new rally or a bull trap?
It's gone three months or so... (Duh..? WTF.. 3 months, really? ???) since "The Squid Game" Season II has been released on December 26, 2024. Nearly month later comrade Trump entered The White House (again). Still, everyone was on a rush, chatting endless "Blah-Blah-Blah", "I-crypto-czar", "crypto-capital-of-the-world", "we-robot", "mambo-jumbo", "super-duper", AI, VR and so on hyped bullsh#t. Here's a short educational breakdown, what we think about all of that, at our beloved @PandorraResearch Team. Trading can easily resemble gambling when approached without discipline, strategy, or proper risk management. Here are key reasons to avoid gambling-like trading behaviors, supported by real-world examples: 1. Lack of Strategy and Emotional Decision-Making Trading becomes gambling when decisions are based on emotions, intuition, or market hype rather than thorough analysis. For instance, Geraldine lost £15,000 on a spread-betting platform after attending a workshop that taught ineffective strategies. She believed the platform profited from her losses, highlighting how impulsive, uneducated decisions can lead to significant financial harm. Similarly, traders who overtrade or ignore risk management often experience devastating losses, as they rely on luck rather than a structured plan. 2. Overleveraging and One-Sided Bets Overleveraging—opening excessively large positions—is a common gambling behavior in trading. This approach increases stress and the likelihood of substantial losses. A trader who lost $400,000 on a single Robinhood bet exemplifies this. He overinvested in a call option, hoping for a quick profit, but the trade turned against him, wiping out nearly all his capital. Opening one-sided bets or adding to losing positions further compounds risks, as traders attempt to recover losses through increasingly risky moves. 3. Ignoring Stop Losses and Risk Management Failing to set stop losses or refusing to exit losing trades is another form of gambling. Traders who cling to their biases and avoid cutting losses often face irreversible damage to their portfolios. For example, many traders refuse to take stop losses, leading to catastrophic losses that erode their confidence and capital. This behavior mirrors the destructive cycle of gambling addiction, where individuals chase losses in hopes of a turnaround. 4. Psychological and Financial Consequences Gambling-like trading can lead to severe psychological and financial consequences. Harry, a trader with a gambling addiction, repeatedly lost money despite asking his trading platform to restrict his account. His inability to control his trading behavior highlights the addictive nature of high-risk trading and its potential to ruin lives. Similarly, excessive gambling has been linked to increased debt, bankruptcy, and mental health issues, such as anxiety and depression. 5. Long-Term Sustainability Smart trading focuses on steady gains and minimal losses, whereas gambling relies on luck and high-risk bets. Traders who chase big wins often lose their profits in subsequent trades, perpetuating a cycle of losses. Studies show that frequent trading, driven by overconfidence or problem gambling, reduces investment returns and increases financial instability. In conclusion, avoiding gambling-like trading requires discipline, education, and a well-defined strategy. Real-world examples demonstrate the dangers of emotional decision-making, overleveraging, and ignoring risk management. By adopting a structured approach and prioritizing long-term sustainability, traders can mitigate risks and avoid the pitfalls of gambling. -- Best 'squid' wishes, @PandorraResearch Team https://www.tradingview.com/x/FwBrbMG0/
Technical analysis is on the chart! No description needed! OANDA:GBPCAD __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button ? . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) ? Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
At the moment, S is going in a parallel channel through upwards. Either right from around here or from a lower demand zone, S will be going through 0,63 level. It's a low risk trade and might be usefull. Below the are 0.58 which is marked on the chart might be dangerous and would be a usefull stoploss. If you can follow the chart in low time frame wait for a 4 hour candle close before stop the position if it reaches the invalidation level.
EUR/USD is looking to break a streak of six consecutive down days after running into Fibonacci resistance at 1.0943. That pullback spanned more than 200 pips at its peak, with support finally showing up yesterday in the 1.0730-1.0750 zone previously highlighted. The question now is which trend will take over - as the prior bullish trend had quickly went overbought with RSI divergence showing into last Wednesday's FOMC meeting. For today, the 1.0800 level has capped bulls' advance and the next levels up are prior price swings at 1.0823 and 1.0861, followed by a Fibonacci extension at 1.0909 and then the longer-term Fibonacci level at 1.0943. - js
Super Micro Computer Inc / SMCI is trading inside a Channel Up. The new bearish wave has already completed a -47% decline, same as the previous one, and the symmetry inside this pattern seems very high. The price is now very close to the Channel's bottom and is technically a strong buy opportunity. We expect a new higher high close to the 1.618 Fibonacci extension. Buy and target $90. Follow us, like the idea and leave a comment below!!
CRYPTOCAP:BTC you know what is not down? Bitcoin. That means the market will most likely follow suit. If this descending broadening wedge plays out, we are looking at $104K to $108K area. Resistance areas to watch: $90 - $91K $96K NASDAQ:IBIT
Hey traders! ? We’ve just had a beautiful bounce off the demand zone for Dogecoin (DOGE), and things are looking exciting! ?? 1️⃣ Solid Bounce at Demand Zone – The price showed incredible strength as it bounced off the demand zone, validating our entry point. It’s been an awesome ride so far, and the momentum is building. 2️⃣ First Take Profit at $0.24 – We are taking our first take profit at $0.24, which is a solid milestone. If you've been following this trade, now is the time to lock in some profits targets and adjust your strategy. 3️⃣ Moving Stop-Loss to Break Even – With the market moving in our favor, we’re shifting our stop-loss to break even, or even slightly into profit. This ensures that no matter what happens next, we walk away with a win! ?? Keep an eye on the price action as we move forward. It’s all about managing risk and taking profits along the way. Let’s keep pushing for those gains! ??
BTC is doing nothing but at a level that means a lot. Risk is the fallback. Risk is the factor that should be considered. How much risk should you take? Does the chart give you conviction? If you are uncertain, reduce the risk and just DCA. Full TA: Link in the BIO
On the long-term chart of NASDAQ:NDX IG:NASDAQ , we are likely in Wave IV of the Supercycle, which appears to be unfolding as a running flat (rFL). The current decline may not be a mere correction, but a motive Wave C, potentially retesting the 2021 ATH zone (around 16,500–17,000) before a powerful new bullish wave begins. Volume spikes at the top confirm the phase of global distribution, with institutional players gradually locking in profits and reducing exposure. ? Base Scenario: https://www.tradingview.com/x/BXo2IXpg/ - We are in the final Wave C within the rFL structure. - Once complete, a strong Wave V rally may follow. - Key support zone: around the 2021 all-time high. ? Alternative Scenario: https://www.tradingview.com/x/gfS5rF0V/ - This could be part of an extended Wave III of the Supercycle. - Even so, a significant correction is expected in the near term before the next leg higher. Structural Drivers for Long-Term NASDAQ Growth: - ? Monetary policy easing from the Fed - ? Fiat currency devaluation - ? Tech innovation boom — AI, biotech, semiconductors, Big Tech - ? Global digital transformation - ? Asset repricing amid structural macro shifts ? In conclusion, NASDAQ CME_MINI:NQ1! is entering a period of heightened volatility and capital redistribution — but its long-term upside potential remains intact.