Potential Short Trade Setup for USD/JPY: Elliott Wave 4th Wave Triangle Context: USD/JPY appears to be in a 4th wave triangle within a larger impulse wave sequence. The price is currently charting wave E, the final wave in the triangle formation. A short trade setup arises if resistance holds at key Fibonacci levels and the triangle completes, allowing the 5th wave to begin. Wave E's Potential Resistance Zone: 38.2% Fibonacci retracement of wave 3: Resistance at 156.18. 61.8% Fibonacci relationship of wave E to wave C: Resistance at 156.06. This tight resistance zone suggests it could act as the terminal point of wave E and the triangle as a whole. Wave 4 Characteristics (Triangle Formation): Wave 4 often forms contracting triangles, where the price consolidates with diminishing highs and lows before the trend resumes. Wave E is the final leg in the triangle and should not exceed the apex of wave C or break below wave A. Key Levels to Watch: Resistance Zone: 156.06–156.18 38.2% retracement of Wave 3: 156.18 61.8% relationship of Wave E to Wave C: 156.06 Trade Setup: Entry: Short near 156.06–156.18, where Wave E is expected to terminate. Stop-Loss: Above Wave C apex, around 156.76. Take-Profit: 153. (based on a 61.8% Fibonacci projection of Waves 1 + 3). Wave 5 Target Projection: 154.30 - 153.77 Scenarios: Wave 4 Triangle Validates: Wave E terminates in the resistance zone, leading to a bearish Wave 5 move. Invalidation: A break above 156.76 signals a more complex Wave 4 structure or trend reversal. This analysis is for informational and educational purposes only and does not constitute financial or trading advice
SPX: S&P 500 Logs First Record of 2025 as Trump Pushes for Lower Interest Rates The S&P 500 (SPX) has achieved its first record high of 2025, closing at 6,118.71, following a 0.5% gain in Thursday’s session. Investors appeared to respond positively to Donald Trump’s calls for lower interest rates “immediately,” despite the U.S. President having no direct authority over monetary policy. His statements, however, influenced market sentiment, pushing the index to new heights. S&P 500 Technical Analysis The S&P 500 has stabilized in the bullish zone after breaking a key resistance level. The price is likely to continue upward, targeting 6143 as the next milestone. However, if the price closes a 4-hour candle below 6103, it could signal a bearish correction toward 6077 and 6051. Key Levels Pivot Point: 6105 Resistance Levels: 6143, 6180, 6205 Support Levels: 6077, 6051, 6020 Trend Outlook Bullish: The trend remains upward as long as the price stays above 6103. Bearish: A 4-hour close below 6103 could indicate a move lower. Previous idea: https://www.tradingview.com/chart/SPX500USD/orBQWMNA-US-Investors-Focus-on-Earnings-and-S-P-500-Outlook/
Here Ondo, it’s just looking like a good set up. It’s over the 200ema and holding support on the daily, as well as just now push over the 50% on RSI. We also see divergence. Removed all profits from XCN waiting to see it more stable while we play with Ondo for a bit, let’s see what can happen, but it looks good so far. We could see a push to $1.74 and then $2.15 before seeing what the market prints for us. Good luck and have fun with it
#AXL is moving within a falling wedge. Keep an eye on it. In case of a breakout above the 8H MA100 and pattern resistance, the targets are: ? $0.7698 ? $0.8405 ? $0.9112 ? $1.0118 ? $1.1400
despite The fact that the main investors of this meme coin have made heavy purchases in recent days. According to the existing CPI, it could be very hopeful for 412%. So, there are new targets in the upward trend of Fibonacci.
Here on Gbpusd it seen to continue going uptrend as was in downtrend before after breaking the downtrend line it seem to continue going up so trader should for for Long with expect profit target of 1.26163 and stoploss of 1.22754 . Use money management
hello, my name is Roddy01, the tireless soldier of trading. given the limit on the number of posts per day, I cannot send all my signals and results here If you want... you will know how to find me DON'T BE AFRAID WHEN YOU HIT A STOP LOSS. We always close our losses, DON'T BE AFRAID WE STILL COVER OUR LOSSES AS PROMISED (to recorver XTZUSDT SHORT position) RUNEUSDT (to recorver XTZUSDT SHORT position) long target 1 done 88% LEV X 10 176% LEV X 20
Hello Everyone, 29th of January TESLA will release earning reports for Q4 2024. Expected EPS : 0,77 $ Expected Revenue : 27,14B So here is the my scenario: If reports come better than expected, approx 5% or 8% over estimations then my expectation is as Green : Hit directly to 488 - 490 $ and make a correction a bit then continue to up till 540 - 560 $ area which is approx 35% gain. If reports come worse than expected, then my expectation is as Red: My target proce then 310 $ which is 25% down from current price and that price can be a good entrance point. If reports come relatively as expected then, i think there will be fluctions between 370 to 440 $ Lets wait till release then i will decide what to do with my existing holdings. This is not an investment suggestion, just my dreams :)
Gold operation strategy reference: Short order strategy: Strategy 1: Short (buy short) 20% of the position in batches when gold rebounds to around 2788-2790, stop loss 6 points, target around 2775-2765, break to see 2750 Long order strategy: Strategy 2: Long (buy long) 20% of the position in batches when gold pulls back to around 2748-2750, stop loss 6 points, target around 2770-2780, break to see 2790
SAXO:SEKJPY is approaching a key resistance level that has previously triggered bearish reversals. While current bullish momentum has driven the price into this zone, it could present an opportunity for sellers to step in. If bearish signals such as rejection wicks or bearish engulfing candles appear, a move toward 14.133 could follow. On the other hand, a breakout above this resistance would invalidate the bearish bias and signal potential for further upside. Key Takeaway: Wait for clear rejection patterns before considering short positions.