Visa might have already reached the low of the magenta wave ; however, for now, we allow slightly more room for the downside. Nonetheless, once this interim correction has concluded, the price should proceed higher during the magenta wave and surpass the resistance at $366.34. We currently consider it 34% likely that the stock will break above this level to form a fresh high with the magenta wave alt. . But primarily, we view the regular wave as already complete.
Unicorn Fart Dust - Showing signs of accumulation with a Wyckoff Creek. Signs of accumulation are what I favor, rather than a "buy & hope" gamble, in the middle of a selling climax or Distribution end. This extremely volatile meme coin may be showing signs of accumulation rather than a continuation pattern to the down side. The creek suggests that this could be phase B of accumulation. It's possible that price could print a ST in phase B or perhaps a Spring at some point: implying that a lower local low is not impossible. If that were the case, I have a lower retracement area (the 2.618) for a potential support zone. -Not Financial Advice-
In technical analysis, a Supply Zone is an area on a price chart where selling pressure is expected to be strong, causing the price to potentially reverse or stall. This concept is often used in trading strategies to identify potential areas where price might decline.
This is me going over the trade we took today that was a loss. Had we kept SL under the low of 19,541.25 we would've hit TP and caught our trade. We are done trading for today, just wanted to hop on here to share with you guys the result of the trade and outcome. Give it a like ♥ and a ? if you found this insightful. Forex, Crypto and Futures Trading Risk Disclosure: The National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC), the regulatory agencies for the forex and futures markets in the United States, require that customers be informed about potential risks in trading these markets. If you do not fully understand the risks, please seek advice from an independent financial advisor before engaging in trading. Trading forex and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility of losing some or all of your initial investment, and therefore, you should not invest money that you cannot afford to lose. Be aware of the risks associated with leveraged trading and seek professional advice if necessary. BDRipTrades Market Opinions (also applies to BDelCiel and Aligned & Wealthy LLC): Any opinions, news, research, analysis, prices, or other information contained in my content (including live streams, videos, and posts) are provided as general market commentary only and do not constitute investment advice. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC will not accept liability for any loss or damage, including but not limited to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Accuracy of Information: The content I provide is subject to change at any time without notice and is intended solely for educational and informational purposes. While I strive for accuracy, I do not guarantee the completeness or reliability of any information. I am not responsible for any losses incurred due to reliance on any information shared through my platforms. Government-Required Risk Disclaimer and Disclosure Statement: CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Performance results discussed in my content are hypothetical and subject to limitations. There are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading strategy. One of the limitations of hypothetical trading results is that they do not account for real-world financial risk. Furthermore, past performance of any trading system or strategy does not guarantee future results. General Trading Disclaimer: Trading in futures, forex, and other leveraged products involves substantial risk and is not appropriate for all investors. Do not trade with money you cannot afford to lose. I do not provide buy/sell signals, financial advice, or investment recommendations. Any decisions you make based on my content are solely your responsibility. By engaging with my content, including live streams, videos, educational materials, and any communication through my platforms, you acknowledge and accept that all trading decisions you make are at your own risk. BDRipTrades, BDelCiel, and Aligned & Wealthy LLC cannot and will not be held responsible for any trading losses you may incur.
The USDJPY currency pair remains bearish, following the prevailing downtrend. Recent price action shows resistance at the 150.60 level, which marks the current intraday swing high. Key Levels: Resistance: The critical resistance level to watch is 150.60. A rally to this level followed by a bearish rejection could signal further downside momentum. Support: On the downside, key support levels are positioned at 148.15, 147.00, and 146.30, marking potential bearish targets over the longer term. Bullish Scenario: If the pair breaks above the 150.60 resistance and achieves a daily close above it, the bearish outlook would be invalidated. This would open the door for further rallies, with resistance levels at 151.46 and 152.36 acting as possible targets. Conclusion: The bearish sentiment remains strong as long as 150.60 holds as resistance. Traders should be cautious of rallies and look for bearish rejections near this level. A confirmed breakout above 150.60 would signal a potential trend reversal, favoring further upside. 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.
Ah, Microsoft—the tech titan that could probably survive a meteor impact. ?☄️ With a market cap so large it could buy entire countries and still have spare change for a few yachts, MSFT is the stock that everyone loves... even when it’s overvalued. But hey, let’s take a look at the "genius" behind the current price action. ?? ? The Almighty Stock Performance (Because Fundamentals Don’t Matter Anymore?) ? Price: $385.76 (up a whole 0.00584%! Call the champagne guy! ?) ? Intraday High: $387.88 ? Intraday Low: $383.27 (because even Microsoft has bad days, right? ?) ? 200-day moving average: $423.98 (oh look, it's trading below that... bearish much? ?) So, let me get this straight. MSFT is 7.80% down year-to-date, but analysts are still screaming “BUY! ?.” Sure, because blindly trusting price targets has always worked out well for retail investors. ? ? Valuation: Overpriced? Who Cares, It’s Microsoft! ? Intrinsic Value Estimate: $316.34 ? Current Price: $385.76 ? Overvaluation? About 18% But let’s be honest—does valuation even matter anymore? If people are throwing money at meme coins, why not pay a premium for MSFT? ?♂️ It’s basically a subscription service at this point—you pay every month, and the stock just keeps draining your wallet. ? ? AI Goldmine or Just Another Buzzword? Microsoft has been riding the AI hype train harder than a teenager with ChatGPT. ?? Their enterprise AI growth is over 100%, and they’re pulling in a $13 billion annual run rate from AI services. But sure, let’s pretend that no one remembers the last time “the next big thing” crashed and burned. (cough dot-com bubble cough). ?? Evercore analysts claim MSFT will dominate AI for enterprises. Well, duh. If you’re an enterprise and don’t buy Microsoft AI services, Satya Nadella himself might show up at your office and force you to install Windows 11. ?? ? Risk Factors? No Way! MSFT is Invincible... Right? ? Hawkish Fed = Potential Market Sell-Off (But don’t worry, just HODL, right? ?) ? Tech Bubble Concerns (Microsoft will totally be the exception… like every overhyped stock before it. ?) ? Overvaluation? Pfft, who cares? (People said the same about Tesla at $400. Look how that turned out. ?) ? Analyst Hot Takes (Because They’re Always Right ?) ? D.A. Davidson: Upgraded to Buy with a price target of $450. (Ah yes, let’s just throw numbers out there. Why not $500? $600? ?) ? UBS: Predicts $3,200 for gold, but Microsoft will somehow go even higher. (Probably. Because… reasons. ?♂️) ? Final Thoughts: Buy? Sell? Just Panic? Microsoft is basically the “safe” tech stock everyone clings to while pretending that the market isn’t built on dreams and overleveraged hedge funds. ?? If you believe in the power of monopolies, overpriced AI services, and analysts pulling price targets out of thin air, then MSFT is your golden ticket. ?️? Otherwise, maybe—just maybe—waiting for a dip below fair value isn’t the worst idea in the world. But what do I know? I’m just some guy on the internet. ?♂️ ?? Good luck, traders. You’ll need it. ?? ? What do you think? Drop your thoughts below! ??
FOMC Mid-Week Reversal on EURUSD Let's see if Medz is right once again.
In terms of short-term indicators: the 4-hour stochastic indicator is blunted and glued at a high level, the MACD double lines are glued and blunted upward, and in terms of K-line pattern, the step-by-step rise continues, all of which are signals of bullish control.Operation: From a purely technical perspective, today's market should be long, and no bearish signals can be found. When all signals are biased towards long positions, it is necessary to pay attention to the downward movement. In addition, there will be data tomorrow morning: the US Federal Reserve's interest rate decision (upper limit) until March 19, so there is a risk of gold falling today. Specific operation ideas: 1. If the price touches 3045, short it and wait for a retracement. Protect 5 points and target around 3018; 2. If the price falls below 3018 and waits for a rebound, short it around 3025. Protect 5 points and target around 3006
The USD/CHF price action exhibits bearish sentiment, supported by the prevailing downtrend. The current intraday swing high at 0.8860 serves as a critical trading level, as the pair shows potential for an oversold rally before facing bearish rejection. Key Levels to Watch: Key Resistance: 0.8860 (current intraday swing high) Immediate Support: 0.8760 Lower Support Levels: 0.8720, 0.8680 Upside Resistance Levels: 0.8890, 0.8930 Bearish Scenario: An oversold rally toward the 0.8860 level, followed by a bearish rejection, could validate the downtrend and target the immediate support at 0.8760. Continued bearish momentum could extend the decline to 0.8720 and ultimately 0.8680 over the longer timeframe. Bullish Scenario: A confirmed breakout above the 0.8860 resistance level, accompanied by a daily close above this mark, would negate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 0.8890 and 0.8930. Conclusion: The prevailing sentiment remains bearish amid the ongoing downtrend. Traders should closely monitor the 0.8860 level for potential bearish rejections or a bullish breakout. A sustained close above this resistance could signal a shift toward bullish momentum, while failure to break above would reinforce the bearish outlook. 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.
BTC Price Action Analysis Ahead of the Fed Decision In this analysis, we will discuss the current price action of BTC leading up to the Federal Reserve's rate decision later today. The Federal Open Market Committee (FOMC) is set to release its rate decision and Dot Plot. Following this, Jerome Powell will hold a press conference. Analysts expect the Federal Reserve to maintain the current federal funds rate within the 4.25% to 4.50% range. This decision aligns with the Fed's cautious approach amid ongoing economic uncertainties, particularly those stemming from recent trade policies and tariff implementations by the Trump administration. Investors and market participants are eagerly awaiting the Fed’s updated economic projections, which will offer insights into the central bank’s outlook on growth, inflation, and employment. These projections will be crucial in assessing how the Fed plans to navigate current economic challenges. 4H BTC Chart Analysis Currently, BTC is forming a tightening consolidation pattern, characterized by equal highs and higher lows. This suggests that BTC could potentially break to the upside by taking out liquidity above resistance. There are numerous stop-loss orders accumulating just above this resistance level. If BTC manages to trigger these stop-losses, it is likely to revisit the Golden Pocket (Fib 0.618 - 0.65). Meanwhile, the Stochastic RSI is rapidly rising towards the overbought zone, indicating that if BTC reaches the Golden Pocket, we could see a retracement from that level. The overall price action remains bearish until BTC clears the 92k level. Daily Timeframe Analysis On the daily timeframe, BTC’s price action remains bearish until a higher high above 92K is established. During this correction, BTC has formed a clear downward trendline. We need to wait for a breakout above this trendline and 92K before considering long setups on higher timeframes. The Stochastic RSI on the daily chart is also moving into the overbought zone, indicating that BTC’s momentum may peak in the coming days, potentially leading to downside pressure. Because of this, the 73K support zone remains a key level to watch. https://www.tradingview.com/x/Eke2qipT/ For now, a temporary bounce could occur, but further downside remains likely. Traders should focus on risk management when opening long positions at these levels. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment! Lets chat in the comment section. See you there :)