Based on the H1 chart analysis, we can see that the price is approaching our buy entry at 1.4366, which is a pullback support that aligns with a 38.2% Fibo retracement. Our take profit will be at 1.4395, a pullback resistance. The stop loss will be placed at 1.4341, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Fibonacci technical analysis: Nasdaq 100 E-mini Futures ( CME_MINI:NQ1! ) has already found resistance at the Fib level 78.6% (21,870) of my Down Fib. The January 8th Daily candle has closed below retracement Fib level 38.2% (21,414.50), and today’s Daily candle (Jan 8) has re-tested 38.2% resistance level further confirming sell signal. My Down Fib guides me to look for CME_MINI:NQ1! to eventually go down to hit first target at Fib level -27.2% (20,677). Nasdaq CME_MINI:NQ1! – Target 1 at -27.2% (20,677), Target 2 at -61.8% (20,287) and Target 3 at -78.6 (20,097) Stop loss slightly above the 50.0% retracement Fib level (21,547.50). Option Traders : My NASDAQ:XND chart (Down Fib from 218.38 to 208.00) shows price to go down to Target 1 at -27.2% (205.18), Target 2 at -61.8% (201.59) and Target 3 at -78.6 (199.85) Stop loss slightly above the 50.0% retracement Fib level (213.19).
Based on the M15 chart analysis, we can see that the price has just bounced off our buy entry at 1.2356, which is an overlap support. Our take profit will be at 1.2415, which is a pullback resistance that is close to a 38.2% Fibo retracement. The stop loss will be placed at 1.2356, below a swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
W1 : Bullish D1 : Bullish 4H : Bullish Market Structure 1H : Currently Bearish Narrative : Price is currently Coming out of weekly IMB by sweeping Previously weekly low > We had a Daily IMB in the way that got violated by 4H PA and retracing back to the 4H OB after tapping into 4H Area of struggle > 1H is currently Bearish Entry Pattern : Currently Hourly Price action is bearish retracing back to 4H OB, after coming inside the OB we can look for some sort bullish sign to enter long position. First context target can be simply 1:2RR / Weak High. Eventually Price can attack Realtive Equal Highs on Top since there are no AOS upside.
Short Term Elliott Wave view in S&P 500 (SPX) suggests the rally to 6099.6 ended wave ((3)). Pullback in wave ((4)) is currently in progress to correct cycle from December 22, 2022 low. Internal subdivision of the pullback is unfolding as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 6029.89 and wave B rally ended at 6092.59. The Index then resumed lower in wave C towards 5832.3. This completed wave (W) in higher degree. From there, Index corrected in wave (X). Up from wave (W), wave A ended at 5982.06 and wave B ended at 5902.57. Wave C higher ended at 6049.75 which completed wave (X). The Index has resumed lower in wave (Y). Down from wave (X), wave W ended at 5869.16. Wave X unfolded as an expanded flat structure. Up from wave W, wave ((a)) ended at 5940.79, and wave ((b)) pullback ended at 5829.53. Wave ((c)) higher ended at 6021.04 which completed wave X in higher degree. Index then resumed lower in wave Y. Down from wave X, wave ((a)) ended at 5874.78. Near term, as far as pivot at 6099.65 high stays intact, expect rally to fail in 3, 7, 11 swing for further downside. Potential target lower is 100% – 161.8% Fibonacci extension of wave (W). This area comes at 5616 -5782 where support can be seen.
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8372, which is an overlap resistance close to a 161.8% Fibonacci extension. Our take profit will be at 0.8328, a pullback support level. The stop loss will be at 0.8416, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Today DOJ news will sell $6.5 B This is huge amount and this this bearish scenario when DOJ sell and Trump sell on event Keep in note we have open big CME gap around 77k-80k So most likely we can reach this range with this scenario This bearish scenario will invalid if we breakout above 104k
After falling from 2790 to 2536, gold has been running in a contracting triangle pattern with gradually falling highs and gradually rising lows. After nearly two months of consolidation, the current market has reached the end of the triangle. No matter which direction the market breaks in the future, there will be a good unilateral market. Please pay attention to whether the non-agricultural data on Friday and the CPI inflation data next week will form a breakthrough opportunity. Although gold broke through the new high yesterday, it still did not stand firm but fell back and broke the high again. Then the high point did not turn into support and still formed suppression. Gold is expected to form a triple top structure in 1 hour. Gold fell under pressure at 2670 yesterday, waiting for 2670 to continue selling at highs! First support: 2651, second support: 2642, third support: 2626 First resistance: 2669, second resistance: 2676, third resistance: 2685 Operation ideas BUY: 2646-2648, SL: 2637, TP: 2670-2680; SL: 2668-2670, SL: 2679, TP: 2650-2640;
KAS in a bearish zone for a few months now. Is it time to break out soon? Bearish case and bullish case noted
If the world truly does adopt a more technological approach to everyday life and crypto currencies prove to be the destined transition destination, then the most likely outcome that i can conceive or think of would be the following chart depiction. If a crypto transition were to take place and the dollar need a replacement, then the crypto (tether) seems the likely destination with the collective understanding and collective (thought - deemed - value) of tether staying true to the value of just (1) one numerical value to maintain the tracking and stability of other crypto currencies and assets world wide. Then likely, and must i state that this may not be truth and or relative to the real outcome, then likely and of my predictive reasoning i would take guess that nearing and during the triple digit years of the 2000's (22nd century), that a transition from paper currency to digital currency may and or could take place. Less the DXY take on the form of tether and DXY still hold in financial markets, then i would predict or dream up the scenario of the chart prediction listed. THIS IS NOT FINANCIAL ADVICE OR A CONFIDENT PREDICTION, JUST A THOUGHT OR WILD DAY DREAMED SCENARIO.