BINANCE:STXUSDT Potential reversal from here. Volume features not favouriing the SHORTing too much. Short term upmove could be forseen On the monthly time frame https://www.tradingview.com/x/U2YmDsOU/
Gap up opening expected in nifty. After opening if it's sustain above 23050 level then upside rally expected in index. Major downside possible if nifty starts trading below 22950 level. This downside can be goes upto the 22700 level after breakdown of 22950 level. 22950-23050 level act as a consolidation zone for nifty.
My Bull case for API3 (oracle play) in 2025. FIBs line up for Profit taking in three zones, and if late in the game, there is a Profit target in the lower range. Stunted market = less profit
This is a possible trade opportunity for tomorrow. NYSE:SE tried to clear a recent level of resistance today but did pullback slightly before the close. The daily candle did close above the S/R flip zone on both the daily and the weekly chart. There is always a chance for a head fake but it has tested this level of resistance quite a bit Today's candle does come off a large volume shelf, signaling a potential launch point. This trade thesis is invalidated if: 1) NYSE:SE opens back below prior resistance OR if we gap up way above today's close. I personally always wants a 2:1 reward to risk ratio on my trades so I would have a technical stop just below $114.10. This would be a 5% drawdown at the current entry price.
NASDAQ:SBUX is looking at a potential break to the upside after the stock forms a rounding bottom at the lower gap support of 89.22. Ichimoku has formed a three-bullish golden crossover and momentum is seen returning to the upside. Directional movement index is supporting the bullish strength and Volume is in a healthy expansion. Should there be any correction, the next support is at 93.88
Just went short on btc. If stopped and immediate re-entry with a bit wider stop should give bigger RR to same target to recovery first attempt if fail. Approx. 4-5RR this trade With plans to scale in tomorrow
ARKK has been trading within a channel and finally appears like maybe it's time to breakout? When ARKF and ARKW signaled earlier in the day, figured it was only a matter of time when this one would go! With Fed tomorrow this on is a tricky trade and if anything this bear flag appears it retraced to the golden pocket on dropping volume. However, this one is my favorite one to trade when it signals. Let me know if you think this is a bear flag ready to move lower with Fed speak or going to move higher? The King Trading Momentum Strategy combines the 5 EMA crossing above the 13 EMA, RSI strength, favorable momentum as measured by ADX plus evaluating recent volume changes and even something that measures breakout momentum called Beta for this one! ARKK and over 100 equities are built into this script with optimal backtest take profits and stop losses and can be toggled on by simply checking a box (default they are turned off). This one has won a couple in a row and this algo likes to get streaky!
Today will be slightly gap up opening expected in banknifty. Expected opening near 49000 level. After opening if banknifty starts trading and sustain above 49050 level then expected upside rally of 400-500+ points in index. If reversal from this level then banknifty can move upto the 48550 level in today's session.
I’ve posted this analysis on Monday, here’s an update on it. It’s strongly bullish, I believe it will keep on pushing up. I’m taking this trade and setting my TP at the buyside liquidity.
Sell Signal for XAUUSD - Entry Price: 2,743 - Stop Loss (SL): 2,770 - Take Profit Levels (TP): 1. TP1: 2,730 2. TP2: 2,710 3. TP3: 2,690 4. TP4: 2,670 5. TP5: 2,650 Rationale : - The price is currently showing resistance near the 2,743 level, indicating a potential reversal. - The FOMC Statements and Press Conference today are expected to have a significant impact on the USD, which could lead to increased volatility in the XAUUSD pair. - If the FOMC adopts a hawkish stance, the USD may strengthen, putting downward pressure on gold prices. Economic Data to Watch: FOMC Statements: These will provide insights into the Federal Reserve's outlook on interest rates and economic conditions. FOMC Press Conference : This will offer further clarity on the Fed's monetary policy stance and future actions. Risk Management: - Ensure proper risk management by setting a stop loss to protect against unexpected market movements. - Monitor the market closely during the FOMC events, as high volatility is expected.