Hello traders and welcome back to my channel, as always don't forget to support my work with a like and comment, and follow me for more updates and markets templates! I always repeat it in every post I share, my analysis are not a forecast and/or prediction regarding where the market can go, I'm not interested in gambling, neither in knowing the direction of any market. My goal in trading is to extract money from it, I wouldn't care much about anything else. What I draw (lines, arrows) are not directional move, but the current setup I'm looking for, in the day, so do not be surprised if I go long on tomorrow :) Thanks for understanding and hope this can give more value to your analysis as well. Let's start! EURUSD may start an interesting process, we can see all the week breaking down potentially going to complete the 2 weeks pump and dump, or in the week itself, this market can setup for a weekly dump and pump, starting from Monday. For a better understanding let's analyse day by day to see the logic behind each possible move during the week. Starting from the last week we can see almost all the week trending higher, the first lower low into the LOD happened on Thursday, which is currently a potential anchor point for a pump and dump into this current bearish scenario! Monday, the opening range of the week pushed a little bit higher, breaking out and quickly dumping back down. Tuesday opening, the market kept going lower, breaking through the LOD (Monday low) going in consolidation till the end of the day, triggering breakout short traders and closing the day in breakout. Today, the market went lower and looks like still dumping with a great momentum. Now.. let's talk about the thesis. 1. Bearish: https://www.tradingview.com/x/iMA1Gfkn/ this market can easily stop the traders long form the last Thursday, considering a great bullish move from that level, eventually reversing during the upcoming days or keep going lower, who know, we may see this market completing 2 week pump and dump scenario, back into the previous weekly low. 2. Bullish: https://www.tradingview.com/x/Z2lNk3Ze/ although today I'm not interested in counter trending this market, I don't exclude a potential dump and pump in the current week if the market will start consolidating around the previous Thursday low, not gonna happen today but we can see such a scenario by the end of the week. Remember, today FOMC, I don't think I would like to expose my capital in a such a dangerous volatile market! Entry criteria: https://www.tradingview.com/x/jvGaFs52/ As I said, currently I'm not interested in counter trending such a strong down move market, at least not today and not before news release. I can think about a scalp short if the market will retest at least the current high of session, consolidating around that level for 30 to 45min before to see a potential 25+ pip scalp in the session. However, during the upcoming days we can certainly see better opportunities, but I decided to share it, because EURUSD look pretty clean to me! Gianni
USDJPY Awaits FOMC Decision Before Potential Crash According to our analysis, USDJPY reached our first target on 27th January 2025. The recent bearish wave was primarily driven by the Bank of Japan's (BOJ) decision to increase rates by 25 basis points, a move highly anticipated by the market, resulting in the highest rate in 8 years. However, the market hesitated to move further down due to the proximity of both the BOJ and FOMC meetings, with traders also awaiting the FOMC decision. I don't expect anything interesting from the FOMC today, so the chances are that USDJPY may start a bearish trend soon. Support zones remain the same: 153.75, 151.65, and 149.75. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
This CAD FORECAST Opportunity for CADCHF. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
OANDA:EURUSD has decisively broken below a key trendline, signaling an increase in bearish momentum. This breakdown suggests that sellers are gaining control, with the potential for further downside continuation. In the near term, price may revisit the breakout level for a retest, where the previous support could now act as resistance. A failure to reclaim this level would reinforce bearish sentiment, increasing the likelihood of renewed selling pressure. If sellers maintain dominance, the price may head toward the 1.03120 level. For confirmation of continued downside movement, traders should look for bearish technical signals, such as a rejection wick, a bearish engulfing candlestick, or increased selling volume. Conversely, a sustained move back above the resistance level could invalidate the bearish setup and shift the bias toward a potential bullish recovery. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
The U.S. Government Bonds 10YR Yield (US10Y) has been trading within a Channel Up pattern since the September 17 2024 Low and is currently on its Bearish Leg. This is now approaching the 1D MA50 (blue trend-line), below which the last Higher Low was priced that initiated the Bullish Leg. With the 1D RSI approaching the same level as then, this is the ideal level to go long again and target 5.000%, which is just below the October 23 2023 Resistance. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
The Amount of time BTC spends in price discovery after breaking its old ATH
Today the Bulls fought back very well and against all odds were able to close Nifty much above Mother line of hourly chart. Nifty closed at 23163 and the Mother line support now is at 23108. If Bulls are able to keep Nifty aflot above this level and drive it higher they will have potential to make a come back into the game which was dominated one-sidedly by Bears since a long time. Not only Nifty we saw Mid and Small cap index also fight back today. The negative observation is that there is a trendline resistance just near today's high as you can see in the chart at 23183. So closing much above that level tomorrow will be really helpful. The supports for Nifty now remain at: 23108 (Mother Line Major support), 23032, 22919, 22776 (Major trend line support), 22465 and 22100 will be the channel Bottom support. The Resistances for Nifty now will be at: 23183 (Major Trend line resistance), 23354, 23465 (Major Father line Resistance of 200 hours EMA), 23542, 23726, 23892 (Major Channel top resistance). If channel top resistance is broken in the current rally Bulls will be back in the game and can drag the index further upwards towards 24060 and 24226. Above 24226 monthly closing there is Nifty landing again in Pure Bull territory. Good come back by bulls. Shadow of the candle now is neutral but it can become positive if we get a closing above 23183 tomorrow. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. I or my clients might have positions in the stocks that we mention in our posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Welcome to today’s Nasdaq futures analysis for Wednesday, January 29, 2025! ? After a historic 1,000+ point drop earlier this week, the market is now positioning itself ahead of the FOMC interest rate decision at 2:00 PM (NY time). Expect high volatility and key movements. ? Long Opportunities: Watch for entries around 21,554–21,500, targeting 21,700 and 21,858. Additional setups near 21,400, with strong potential for upside moves. ? Short Setups: Entries near 21,630 or 21,700, aiming for 21,500 and 21,400. A breakdown below 21,500 could open the door for lower targets. ? Market Insights: With the upcoming FOMC rate announcement and press conference, markets could remain in a range before making a sharp move. Stay cautious and prepare for possible breakouts in either direction. ? Join our daily lives at 9:30 AM (NY time) for live market analysis and Q&A! Let us know in the comments what other assets you’d like us to analyze or if you’re interested in swing trading strategies. ? Subscribe now for expert trading insights, daily updates, and actionable strategies. Stay ahead of the market today!
Dogecoin has reached our target for downward movement, which resulted in a 16% drop. Now we are looking for upper CME to be filled after the announcement of Doge ETF! More in-depth info is in the video—enjoy! Swallow Team
Today's Short Trade performed beautiful, Follow for more trades setups ? Booked Profits and if you want to hold set Breakeven must.