https://www.tradingview.com/x/utFNTaiJ/ I have average costed down on oil after locking in a nice profit prior to its recent pullback. I don't like shorting it, to many news events that corelate to its price unfolding almost every minute. AVC down is risky but the benefits are there if you see only a pullback and not a bearish trend change. That's what I see a pullback that others have called for here on TV and were absolutely spot on. The only thing I might keep a watchful eye on is the Dollar which now is also puling back but possibly moving higher soon. What are traders thoughts about the traditional inverse relationship between oil and the dollar? What we know is that the Dollar has already made a significant move in it's rally and now it's time for the weekly candle in oil to pump this thing higher. It won't be as lucrative pulling into a petrol station.
Near the 1 hour OB and demand Near 1 HOUR key level NEAR Yesterday Days high
So you know whats Jacuzzi? and after booze what happens? thats what is going to happen here
Deepak Fertilisers & Petrochemicals Corporation Limited has announced robust financial results for the third quarter of the fiscal year 2025, revealing a remarkable net profit of ₹251 crore. This figure represents an impressive surge of 335.6% compared to the net profit of ₹57.6 crore recorded during the same quarter last year, highlighting the company's strong operational performance and growth trajectory. On the technical front, the stock has notably breached a significant resistance level at ₹1228, indicating a bullish trend. Investors may consider taking advantage of a potential pullback to enter the stock, making it an appealing opportunity for both swing traders looking to capitalize on short-term movements and long-term investors aiming for sustained growth. Overall, this performance underscores Deepak Fertilisers' position in the market and could signal further upside potential in the coming quarters.
Technical Analysis (TA) * Trend Overview: AAPL has been forming a rising wedge pattern on the 1-hour chart, suggesting a potential breakout. Current resistance lies near $240, with support established around $227.50 and $220. * Indicators: * MACD: Showing a bullish crossover, suggesting upward momentum. * Stochastic RSI: Overbought levels, cautioning traders about potential retracement before continuation. * Volume Analysis: Increasing volume near the $239-$240 level indicates heightened interest, signaling a potential attempt to breach resistance. GEX (Gamma Exposure) Analysis https://www.tradingview.com/x/dTkwSatJ/ * Key Levels: * Gamma Resistance: $250 - Highest positive NETGEX, suggesting strong resistance if price nears this level. * Gamma Support: $227.50, acting as a safety net for pullbacks. * Options Walls: * CALL Walls: 57% at $240 and 58.2% at $260. * PUT Walls: -17.5% at $225 and -32.44% at $220. * Implied Volatility Metrics: * IVR: 57.7, indicating elevated implied volatility. * IVx Average: 40.1, slightly above the norm, highlighting potential big moves. Trading Plan 1. Bullish Scenario: * Entry: Above $240 with strong volume confirmation. * Targets: $244 (short-term), $250 (medium-term). * Stop-Loss: Below $236. 2. Bearish Scenario: * Entry: Below $235 on heavy selling pressure. * Targets: $227.50 (initial support), $220 (secondary support). * Stop-Loss: Above $239. Options Strategy * Bullish: * Buy 240 CALLs expiring in March 2025 to capitalize on potential upside toward $250. * Risk management: Exit options if AAPL retraces below $235. * Bearish: * Buy 230 PUTs for downside coverage, targeting $220. * Exit options if AAPL moves above $240. Thoughts on Direction AAPL appears to be consolidating for a significant move. The rising wedge pattern and bullish indicators hint at a possible breakout above $240. However, caution is advised as the Stochastic RSI indicates overbought conditions, and price may retest lower levels before continuing its upward journey. Key Note Price levels may change with the next premarket session. Traders should adapt to new developments and reassess setups accordingly. If you need updates or guidance, feel free to reach out. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always do your research and manage your risks before trading.
MEXC:ONDOUSDT.P long 75 x lev entry 1.54 to 1.49 tp 1.59 1.63 1.69 stop lost 1.39
Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button. We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today! https://www.tradingview.com/?aff_id=109100
He is neither beta! why soo low why no one buying!!
Okay so looks like a dead cat bounce, things and stances marked
MEXC:DYMUSDT.P dym usdt long from, 0.91-0.85 buy zone use 75 x leverage tp 1. 0.93.5 2. 0.94.5 3. 0.95.5 4. 0.96 5. 0.99 stoploss 0.93