Reflecting on the PLAN DAY XAU over the past two days, each detail tells a story of its own. ❇️ But what if we combined both drawings? The result is a seamless fusion of ideas, creating a unified vision that captures the essence of both perspectives."
CAD/CHF 4H Timeframe Analysis Trend Analysis On the 4-hour timeframe, CAD/CHF is in an uptrend, having recently broken above the minor key resistance at 0.63300. Following this breakout, buyers initially stepped in, preparing for the continuation of the trend. However, the price only accumulated a large volume of buyers before reversing downward, breaking below the minor key level to hunt for stop-losses. This phase represents the manipulation phase within the liquidity zone. Now, the price is poised to move upward again, breaking above the key resistance to resume the buy trend. With liquidity formation complete, we aim to capitalize on the next breakout for trend continuation. Price Action Expectation: Wait for the price to break above the minor key resistance at 0.63400, confirming the continuation of the uptrend. Plan to enter after the breakout for optimal trade positioning. Trade Setup Trade Type: Buy Stop Entry: 0.63400 (upon confirmation of the breakout above resistance) Stop Loss: 0.63080 (below the liquidity zone to avoid false breakouts) Take Profit: 0.64050 (targeting the next significant resistance level) This setup ensures a strategic approach, leveraging liquidity formation and trend continuation. Fundamental Outlook: Monitor Swiss economic indicators, as well as global risk sentiment, which tends to influence CHF strength as a safe-haven currency. The interplay between these factors could provide additional momentum for the continuation of the bullish trend. Risk Management: Maintain a 1:2+ risk-to-reward ratio to optimize potential returns. Position size should be calculated based on your account equity and risk tolerance. Closely monitor liquidity zones to avoid premature stop-outs. Trading involves substantial risks and may not be suitable for all investors. Always seek guidance from a financial professional if you’re unsure about trading decisions.
Short Term Elliott Wave view in NZDUSD suggests that cycle from 9.30.2024 high is in progress as an impulse. Down from 9.30.2024 high, wave (1) ended at 0.5813 and wave (2) ended at 0.5929. Pair has resumed lower in wave (3) which ended at 0.5583 as the 1 hour chart below shows. Rally in wave (4) unfolded as a zigzag. Up from wave (3), wave A ended at 0.5684 and wave B ended at 0.5628. Wave C higher ended at 0.5692 which completed wave (4) in higher degree. Pair has resumed lower in wave (5). Down from wave (4), wave ((i)) ended at 0.5568 and wave ((ii)) rally ended at 0.5603. Wave ((iii)) lower ended at 0.5539 and rally in wave ((iv)) ended at 0.5573. Final leg wave ((v)) ended at 0.5538 which completed wave 1. From there, pair bounce in wave 2 with internal subdivision as a zigzag. Up from wave 1, wave ((a)) ended at 0.563 and wave ((b)) ended at 0.558. Wave ((c)) higher ended at 0.565 which completed wave 2 in higher degree. Near term, as far as pivot at 0.569 high remains intact, expect rally to fail in 3, 7, 11 swing for more downside.
Comment: ? The recent inflation data and comments from Fed official Waller put pressure on the US dollar, as traders grow increasingly confident that the US Central Bank might cut rates sooner rather than later. Waller did not dismiss the possibility of a rate cut at the March meeting, highlighting that inflation "is approaching our 2% target." Chicago Fed President Austan Goolsbee, a voting member in 2025, expressed optimism that the labor market is stabilizing, as reported by The Wall Street Journal. Market participants are now pricing in nearly equal odds of the Fed implementing two rate cuts by the end of 2025, with the first reduction expected as early as June. XAU Trend: January 17 ? Gold is reacting downward at the H4 2724 resistance zone, buying force is becoming weaker. Opportunity for sellers to push the price back to 2705, creating more liquidity for the market Signal:? SELL XAU 2723-2726 SL: 2731 | TP: 2715 - 2708 - 2700 Thank you for reading my comment: "FM"
Alright folks, brace yourselves for another electrifying update on the saga of GME! Since our last rendezvous, we've witnessed the impressive cup and handle pattern and the striking inverse head and shoulders breakout. But that was just the beginning. After our latest dip, in tune with the broader market's downturn, we've now sculpted an absolute monster of an Ascending Triangle on the daily chart, also visible even on the 4-hour. Using the trend-based Fibonacci extension, the golden pocket awaits us at $37.09, with the next pocket above that at $52.58. Adding to the excitement, we've got the Bull Flag breaking out on the weekly chart and the golden cross appearing on both the weekly and daily charts. Not to forget the substantial cup and handle formation on the hourly chart. Hourly Chart : Cup and Handle: This pattern is setting the stage for potential bullish movement. 4-Hour Chart: Ascending Triangle: Reinforces the pattern seen on the daily chart, confirming the bullish setup. Daily Chart: Ascending Triangle: Visible on both the daily and 4-hour charts, suggesting an imminent breakout. Weekly: Golden Cross: This crossover indicates long-term bullish momentum. Bull Flag: This continuation pattern indicates that the existing uptrend is likely to continue. All signs point to an explosive few months ahead for GME, with multiple breakouts on the horizon. Stay tuned, because the next chapter of this epic journey is about to unfold
? Entry: $3.54 (breakdown level) Stop Loss (SL): $4.02 (marked in red) ? Target 1 (T1): $3.06 (marked in yellow) ? Target 2 (T2): $2.51 (marked in green) ✅ Reason: Symmetrical triangle breakdown indicates bearish momentum. Price rejection near $3.54 confirms potential downside. Tags: #AMPX #ShortTrade #StockMarket #TradingView #TechnicalAnalysis #DayTrading #SwingTrading #ChartPatterns #BearishMomentum #BreakdownTrade
ai16z went through a major correction from $2.40 to $0.91. It started to recover and reached $1.64 at Fib 0.5 level, however, the price is dropping again. 4H MACD is in the bull territory. 4H Stochastics is in the bear territory but is about to roll back up. I consider Fib 0.236 as the last line of defence for the bull, so ideally I don't want the price to drop below that level. So I need to keep a close eye of its price action in a lower time frame. When you go to the 1H chart, the price is currently travelling inside the narrow descending parallel channel. All momentum indicators in 1H are in the bear territory. i am not trading ai16z. I hold a large amount of ai16z and haven't sold any. My overall bias for this project is bullish, until the chart set in a higher time frame (daily and weekly) becomes strongly bearish.
ASX:ETM LSE:GCM GPW:EUR ASX:MTM TSX:AYA AMEX:FXG MIL:PTR ASX:PUA GETTEX:VR1 TSX:DXB Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Energy Transition Minerals Ltd (ETM) Green Critical Minerals Limited (GCM) European Lithium Limited (EUR) MTM Critical Metals Limited (MTM) Artrya Limited (AYA) Felix Gold Limited (FXG) Petratherm Limited (PTR) Peak Minerals Limited (PUA) Vection Technologies Limited (VR1) Dimerix Limited (DXB)
BRITANNIA has been in a downtrend since 03rd Oct 2024. It broke the crucial long term trend line on 12th November 2024 and then tried to go retest that trend line. However, the stock has gotten rejected even before that trend line was tested and now we can clearly see it headed towards an intermediate trend line which has been in play since March 20222. Those looking to play Swing, can take short position in Britannia and exit at a target of 4627 price level.
Gold continued to rise and close on the daily chart, and the price continued to run in the trend. The MA10/7-day moving average of the daily chart kept opening and moving up to 2678/2690, and the RSI indicator kept turning upward and running above the central axis. The price of the short-term four-hour chart continued to move up along the 7-day moving average, and the Bollinger Bands kept opening upward, and the price continued to run along the middle and upper tracks. The trading idea remains unchanged, and the trend is low and long to participate in the transaction Gold is still in a bullish trend now. The decline is an opportunity to go long. Gold has hit a recent high again. The bulls are better. Gold is directly long near 2700! Now it is the home court of the bulls, so continue to go long with the trend. The gold 1-hour moving average continues to diverge upward, and the gold bulls will continue. The gold highs continue to set new highs, and the lows are also raised in turn. Gold is still in an obvious bullish trend in 1 hour. After gold broke through 2700 yesterday and stood firm at 2700, gold held 2700 today and continued to go long. Gold can enter the market near 2700 first. First support: 2707, second support: 2701, third support: 2693 First resistance: 2725, second resistance: 2736, third resistance: 2748 Operation ideas: BUY: 2698-2700, SL: 2690, TP: 2720-2730; SELL: 2728-2730, SL: 2739, TP: 2700-2710;