We can see a beautiful confluence of technicals around 88k 1- Blue dotted line; multiyear (since 2021) strong resistence trend 2- Orange dashed line; recently reseted volume-weighted average price 3- Green tick line; exponential moving average from last 200 12h periods 4- Purple arrow down; target from shoulder-derivated triangle 5- Green fine line; important multiyear Fibonacci-circle level If this important resistence made of lots of confluences doesn´t hold, we will see the CME gap closed after price plunges to the marked orange square
The start of 2025 has been anything but quiet for the U.S. stock indices. Looking at the March ES and NQ contracts, traders have seen selling pressure and have both broken below the 50-day moving average. With critical economic data being released this week regarding inflation and consumer data, traders will be watching for more aggressive selling into the 200-day moving average, where the March ES has been trading above since November of 2023. An important aspect to grasp for traders is sizing of contracts when there is a lot of uncertainty or volatility in the market. With larger, more volatile market moves, looking at the micro contracts can be useful as the Micro ES contract is 1/10th of the size, offering a lower barrier to entry and can make the bigger swings in the market less destructive. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
### Analytical Post: Identifying Potential Reversal Zones in Forex When analyzing potential reversal zones in the forex market, it is crucial to consider multiple factors to enhance precision and minimize risk. Here’s a breakdown of the current scenario: 1. **Possible Reversal Zones** - The first target zone appears to be a *mid-risk zone*, which may provide a scalp opportunity before the price continues toward the *premium sell zone*. - These zones align with a valid two-hour order block, suggesting a strong likelihood of price interaction. 2. **Order Block Validation** - The identified two-hour order block has been validated through historical price action. - This zone serves as a critical area where institutional interest is likely concentrated, supporting the potential for reversal. 3. **Volume Confirmation** - Monitoring volumes within the two-hour window is essential. A volume spike in this timeframe can confirm the order block's validity and the strength of the potential reversal. 4. **Multi-Timeframe Confluence** - Cross-referencing with higher and lower timeframes is vital to strengthen the analysis. The alignment of key levels across multiple timeframes increases the probability of a successful trade. 5. **Trade Strategy** - The initial zone is anticipated to offer a scalp opportunity, with a quick in-and-out approach to capture short-term profits. - After the scalp, the focus shifts to the *premium sell zone*, where a more extended trade setup may develop. ### Key Considerations - Monitor price action closely as it approaches the first zone. - Confirm entry with candlestick patterns and volume spikes in the two-hour timeframe. - Always set appropriate stop-loss levels to manage risk effectively. By integrating these elements into your strategy, you can navigate potential reversal zones with a balanced approach, aiming to maximize profit while controlling risk.
Sugar prices have reached a strong demand zone around 1825–1830, a major support level. The price action suggests potential accumulation, with buyers likely stepping in. A rebound could target the 1983 level as the next resistance. A sustained breakout above 1983 could open the door for further upside momentum, while a failure to hold 1825 may signal increased bearish activity. Follow up for results.
BTC at key levels here. We either reclaim these levels and confirm a double bottom or break down some more, which would confirm the Head and Shoulders and likely fall to 90k. The H&S potential neckline is where we are now. Good News: There is Hidden Bullish Divergence On The MACD and momentum is gaining to make a push to regain this key inflection point. Toss Up. I'm neutral.
So out of nowhere my charts suddenly go green???? Fear is an incredibly good driving force. As long as you turn off emotions and look at what the graph does, you will have no fear. I really don't want to say that I sometimes have fear and sweat like crazy. But then I go back to the truth and check what the pattern is supposed to do and then I realize again that everything is programmed.
Using Krown Quanto automation and also indicators like hidden bullish divergence, bbwp, pmarp and other confluences. Backtest history since 2015
price react at a strong demand zone to give off a MSS on the 15min and 1hr. recovered my loss after GBPJPY trade today. stick to the process!
This chart is just a perfect, isn't it? XRP dominance is rising. Bullish narrative is Trump's crypto influence. Charts are telling XRP is getting ready to clear all SEC cases and prepating for ETF.
Hello traders, Here’s my analysis on Rigetti Computing (RGTI). The current price action indicates a potential for a bullish reversal, with key technical levels and imbalances offering opportunities for long-term growth. Key Observations: Support Zone: Price is approaching a strong support area around $5.00-$5.50, with significant demand historically observed in this zone. Imbalances: Lower Imbalance Zones: These zones around $4.50-$5.00 could act as magnets for price stabilization before a reversal. Upper Imbalance Zones: Imbalances near $12 and $16 provide potential upside targets for long-term bullish movements. Gap and BPR: A gap near $14 aligns with the Break of Price Range (BPR), signaling a key area to watch for future price action. Price Resistance: The $21-$22 level serves as the ultimate resistance and a potential long-term target. Strategy: Buy Entry: Near the $5.00-$5.50 support zone or upon confirmation of demand in lower imbalance zones. Targets: First Target: $12 (upper imbalance). Second Target: $16 (gap fill and imbalance). Final Target: $21-$22 (major resistance). Stop Loss: Below $4.50 to manage risk effectively. Supporting Indicators: RSI: Approaching oversold conditions, suggesting a potential reversal soon. Volume: Noticeable spikes in volume around the current levels indicate increased market interest. Long-Term Outlook: Rigetti Computing is showing signs of building a strong foundation for a bullish trend. The imbalances, coupled with historical demand zones, offer significant upside potential for long-term investors. Patience will be key to capitalize on this opportunity. What are your thoughts on this setup? Share your feedback and alternative perspectives below! Trade safe and stay disciplined! ? #RGTI #TechnicalAnalysis #BullishOutlook #AIStocks #QuantumComputing #TradingPlan #SupportResistance #LongTermInvesting