Hey everyone this is your boy Hunbal! I am looking for a good sell trade ready for asian session XAUUSD is ready for a bull run I have 2 confirmation one the rejection from the suppoprt level and second choc in m30 time frame so we are hoping a good buy from here (2636) our take profit will be 100 pips 2646 and our stop loss will be 80 pips 2628 I wish we all together print some money. Good Luck :)
Good Evening and I hope you are well. tl;dr sp500 e-mini futures - Neutral. Close does not help anyone. Below daily ema but above 6k. Same reasoning as for dax. We could do a retest or higher before we go lower again. The lower high 6107 will probably hold. Bears want to trade down to 5930 or lower again. Clear trading range price action where the legs inside look very strong, just to crumble shortly after. We are in a very broad bear channel/triangle until bulls can get above 6107 again. comment: 3 legs up are done and I think we have a bigger two-legged correction down now. Bulls stopped the selling above the breakout price 5996 and it’s likely that we get a retest 6050+ before we can go lower. For all shorts the stop is 6108 and for bulls most likely 5797 for now. current market cycle: trading range key levels: 5900 - 6100 bull case: Bulls want to break above 6107 and make new highs again. They had 3 very strong legs up and as long as the bull channel is not broken, they will look for longs near the lower trend line. Their next target is consecutive bull bars above the bear trend line that runs through 6050 and then a retest of 6100. I expect most bulls to have a stop below 5980. Invalidation is below 5980. bear case : Bears need to keep the bear trend line alive and the market below 6040/6050. If they manage that, we have made another lower high and odds will heavily favor the bears to trade back down to at least 5930. Invalidation is above 6107. short term: Neutral 6000 - 6050. Bearish below 6000 for 5930 or lower. Bullish above 6075 for 6100. medium-long term - Update from 2024-12-22: Ultimately 5200-5300 in 2025. Again, rough guess as of now and since we have not seen a strong first bear leg, these targets are the lowest I am willing to give an honest outlook about. If bears surprise and we see a huge leg down to 5500, we will go much lower for the second and third leg. current swing trade : No but shorts with stop 6108 are reasonable. trade of the day: Buying EU open. Bears just stepped aside and we melted higher.
Are you ready to see Ethereum trading, exchanging hands (or computers), at $8,000? It will be one impulse lasting several months that will take ETHUSDT to this price and it will happen early in 2025. It is also my understanding that this will not be the bull-market top, this will only be an intermediary target in relation to this extremely 2025 bullish phase. Are you ready to see Ethereum trading at $8,000? It will not crash after reaching this level. There can be some shakeouts and some volatility. There can be a correction after May, but this will not signal the end of the bull-market, the bull-market will continue producing long-term growth. Ethereum can easily exceed $10,000 in the 2025 Cryptocurrency bull-market bull-run. Are you ready to see Ethereum at $8,000? Well, get ready, because it is going higher. Crypto is going up. Namaste.
Price is sitting just above the Point of Control (POC) within the highlighted Dynamic Liquidity Zone. VAL (The Value Area Low) of this zone is marked around $0.6530, which aligns with a potential key buy zone, being our first midrange high. RSI is trending bearish but nearing oversold levels, suggesting that a liquidity sweep into the $0.65–$0.70 zone could trigger buy orders. Wait for Price to Sweep VAL ($0.65): If price dips into the $0.65 liquidity zone, it is a high-probability area for accumulation before a reversal. Look for divergence in RSI or an oversold condition (
MA has been an excellent stock to trade with my system, producing one of the highest returns per day held of any megacap stock at .23%/day held (58% annualized) spanning over 400 real and backtested trades. The average holding period is 7 days and the max lots held at any time in the last 17 years would have been 10. It tends to pay off well and pay off quickly. It is currently trading just off its 6 month high, set on 12/26 and in the middle of a solidly uptrending regression channel. None of those things guarantee success, but trading is about putting the odds in your favor, and this setup is about as good as it gets in that regard. Initial lot was purchased just before the close today at 511.38 Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
Good Evening and I hope you are well. tl;dr dax futures - Neutral between 20200 and 20300. Bullish above for retest 20360/20400 and bearish if we break the nearest bull trend line. Max for bulls should be 20460ish and bears could get all the way down to 20000 again. Both sides have reasonable arguments and I don’t know if we test higher before lower. What I do think is that the bear gap to 20455 is probably going to stay open, so shorts closer to 20400 are good. comment: Two legs up with huge rejections. Bulls closed at the high but they failed to close the bear gap to 20455. Until bulls can close it, I will scale into shorts above 20340ish and take profits on decent drops. Middle of the range is now 20200 and I do think it’s possible we hit that tomorrow or Wednesday. current market cycle: trading range key levels: 20000 - 20500 bull case: Bulls need to close the bear gap and are then free to retest higher. We have an expanding triangle and nested bull wedges but market also did not respect a bunch of trend lines today. If anything, the very strong buying followed by deep pullbacks is confusing and odds are much higher that we continue sideways instead of up above 20500. Bulls should not let the market drop below the breakout price 20180 or we are in balance again and bulls would probably look to only long lower (closer to 20000). Invalidation is below 20180. bear case: Bears could not even close the globex gap and market rallied 300 points higher. Bears did a decent job with the deep pullbacks to shake out weak traders and make bulls take profits at new highs. That increased the odds that we are in a trading range and will likely move more sideways instead of up. Bears need to get a 1h close below the ema again and break the closest bull trend line. Next targets below are close of last week 20045 and then the big round number 20000. Invalidation is above 20460. short term: Neutral 20200 - 20300 and bearish above. Will continue to scale into shorts above 20350 and take profits near 20200 or below. medium-long term from 2024-12-22: Any short near 20000 is reasonable if you can hold for another 1000 points higher. 17000 is much more likely than 21000 though. My first target for the next months is 19000, followed by 17700ish and ultimately down to 16000-16300 in 2025. current swing trade: Short since 20359. Will add near or above 20350 again. Stop for all shorts is 21000 for now. Will scale in and out of this over the next days/weeks. trade of the day: Globex low held and market showed 4 big rejections below 20100. Bar 44 was signal and entry bar because it broke out of so much, you just had to get long.
The USD/JPY pair has been exhibiting significant strength recently, hitting a 6-month high last week and continuing to trade near elevated levels. Based on yesterday's range (Open 157.151, High 157.955, Low 156.235, Close 157.640), the pair remains in a bullish trend. Following is my analysis of the fundamental and technical factors that may influence its movement over the next three days. Fundamental Analysis The USD/JPY pair's recent strength can be attributed to several key factors: Divergent Monetary Policies: The Bank of Japan (BoJ) has maintained its accommodative monetary policy, while the Federal Reserve has been more hawkish. Despite expectations for the BoJ to normalize its policy in 2024, this didn't materialize as anticipated. The persistent policy divergence continues to support the USD/JPY pair. Yield Differentials: The significant gap between US and Japanese bond yields remains a crucial driver for USD/JPY. As of late 2024, the 10-year US bond yield stood at 4.5%, substantially higher than Japan's. This yield differential attracts carry trades, supporting the pair's upward momentum. Economic Data: Upcoming US labor market data, scheduled for release on Friday, January 10, could significantly impact the pair's movement. Strong US economic data could further strengthen the USD. Potential Intervention: With USD/JPY approaching the 157.00-160.00 range, there's increased speculation about potential intervention by Japanese authorities to support the yen. This factor could introduce volatility in the coming days. Technical Analysis From a technical perspective, the USD/JPY pair shows a strong bullish trend, but there are signs of potential consolidation or correction: Resistance Levels: The pair is currently facing significant resistance in the 157.72-158.32 range. A break above 158.32 could lead to further gains, potentially targeting the multi-decade high of 161.95. Support Levels: Key support levels to watch include 156.00 and 155.00, which are currently the most important short-term support levels. Momentum Indicators: The Marlin oscillator is pointing downward on the daily timeframe, suggesting that any price rise above 158.32 could be a false breakout. However, on the H4 timeframe, the Marlin oscillator has entered positive territory, indicating potential for further growth. Trend Analysis: The pair remains in a bullish trend, as evidenced by a rising trend line and key moving averages below the price. However, a decisive break below the bullish trend line that has been in place since September could signal the start of a deeper correction. Outlook for the Next Three Days Given the current technical and fundamental factors, the USD/JPY pair is likely to continue its consolidation near current levels in the short term. The 157.72-158.32 range appears to be a crucial battleground. A break above this range could see the pair testing higher levels, potentially towards 159.45 and even 161.95. However, traders should be cautious of potential intervention by Japanese authorities if the pair approaches the 160.00 level. Additionally, the upcoming US labor market data could introduce volatility. In conclusion, while the overall trend remains bullish, the risk of a correction or consolidation is increasing. Traders should closely monitor key technical levels and upcoming economic data for potential trade opportunities in the coming days.
ar/usdt Hello traders. This is my view on this pair, the coming days will see a gradual rise, interspersed with some corrections according to the upward trend.
Daily Halftime Update: QUBT looks to be preparing for a Continuation from its most recent breakout on 12/16/2024 where it hit $27.15 before retracting. It's currently trading above our more conservative entry but we went ahead and purchase shares at $17.68 with a Price Target of at least retesting $20.98 with a Stop Loss set at $17.15. Although is still down 37% off it's 52-Week Highs, it's currently 98% higher than it's 52-Week Lows so still has some head room above the currently Price Target that we're looking to achieve with some great performance looking back. Follow us to stay tuned for more at MyMI Wallet - The Future of Finance
The USD/CAD pair hit 1.4379, reflecting a rebound from its earlier January 2016 lows, as traders react to the potential resignation of Canadian Prime Minister Justin Trudeau. This possible political shift has also strengthened the US dollar against the Canadian dollar, causing the loonie to pare some of its earlier gains. Trudeau's anticipated departure, amid public and legislative pressure, adds an element of political uncertainty in Canada, which could impact the CAD's stability. Meanwhile, in the U.S., President-elect Donald Trump's tariff plans are being recalibrated to target only critical imports, a shift from his campaign's universal tariff approach. This adjustment aims to mitigate widespread disruptions and price increases, potentially supporting market stability and investor confidence. As these geopolitical and economic factors unfold, traders should remain vigilant, as developments in Canadian leadership and U.S. trade policies could introduce further volatility and influence USD/CAD dynamics.