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FTSE 100 Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 2-1-2024 Sideways Momentum with RED TrapZone established now and GREEN UMVD continues still. Price swinging UP & DOWN around the TrapZone. Cant seem to find a direction.
ICEEUR:Z1!
by SnowflakeTrader
2
NIKKE 225 Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand >> USE PAGE DN to go DOWN To the LATEST Post << -------------------- 2-24-2024 Strong Upside Momentum with wide GREEN TrapZone established now and GREEN UMVD continues. Class A Entry at the top of the TrapZone.
OSE:NK2251!
by SnowflakeTrader
Hang Seng Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand >> USE PAGE DN to go DOWN To the LATEST Post << -------------------- 2-25-2024 Strong Upside Momentum with wide GREEN TrapZone established for a while and GREEN UMVD continues. Class A Entry at the top of the TrapZone.
HKEX:HSI1!
by SnowflakeTrader
Weekly Gold Outlook 24/03/2024Recently we have seen the price of gold push high to 2200 regions - breaking new highs and extending gains. We see divergence on the 4hr chart and possible MACD crossings on the daily which may indicate a possibly roll reversal into this week and the start of April. We remain bulls on this pair and look for pull backs taking price back to the highs with fib levels below at support. Our rules for engagement: - Daily price must be above 200MA - 1hr 4hr chart intraday trades using MA cross-over and MACD signals Conditions are not yet favourable on these time frames for long entries so we wait below for a better price.
OANDA:XAUUSDShort
by Youza
DAX Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand >> USE PAGE DN to go DOWN To the LATEST Post << -------------------- 2-25-2024 Strong Upside Momentum with wide GREEN TrapZone established now and GREEN UMVD continues. Class A Entry at the top of the TrapZone.
EUREX:FDAX1!
by SnowflakeTrader
EUR/USD near lower rangeChart legend: Yellow lines: These line represent the lower and upper boundary of the range that has been tracked for the last 30+ days. Orange lines: Buy and sell side volume in the order book. These areas are where the buying and selling volume are the highest. Note that multiple zone could exist, these are just the strongest ones. Purple lines: This is the combination of order book volume and frequency counting of prices. The combined weight shows where the market actually is in relation to current price of what the buyers and sellers want. Outlook: I believe the market is going to re-test the support area around 1.079. The order book suppport levels are considerably weak compared to the resistance levels and bearish pressure, so we could have prices set a new lower range over the week. It should be taken into consideration though, that the bulls have had several weaker support level and still managed to fend off bearish pressure. While the frequency weighted support zone does look quite weak, the order book does have a substantial amount of orders placed below the area that could stave off the bears. While a new lower range is possible, I don't believe there is going to be any major changes in the current market direction for the first half of the week at a minimum. I think the bears will need more of a show to really move the market lower for a substantially longer period of time.
by RobertD7723
Bullish But Wait Until Feb 27th to go Big LongThe black arrow/path is my near-term forecast, I expect price to trade along this trajectory. As the title indicates, the market is near-term bullish but don't enter long or add until Feb 27th for the following reasons: 1) chart perspective : The structure is setting up for a sustained break of 5039 to make a final leg higher to complete a smaller degree wave 5 (I didn't draw the Elliot Wave Count in my chart, just trust me that we just completed a smaller degree wave 4 and are looking for confirmation that 5 has begun). Price will continue slightly higher for the next 1-3 days (2/22-2/26) and then consolidate - likely forming a w fractal - through Feb 28th (next Wednesday). After that it will make the sustained break higher and run through early March before topping. 2) logical perspective : new bulls (especially retail) is going to chase this gap up in SPY tomorrow (extra FOMO due to the NVDA jump) and they'll buy ignorant Feb 23 - Mar 1 OTM calls that are designed to expire worthless. If you're not already in you're late, its all good I'm not in yet. Simultaneously the perma-bears will pile in thinking its "over-extended" ... everybody playing loses temporarily. Waiting until 2/27 will also give this enough tome to confirm long, a break back below 5000 is a warning sign for bulls and a break back below 4969 is Bearish. The play is to wait until the implied volatility on calls for Mar 15 expiry or later cools off while price consolidates around 5039 (SPY 501). Buy SPY 505.00 calls on Feb 27 to prepare for the bigger move staring on Feb 28 (earliest expiration you should be eying is Mar 15, but I'm going to go out to April). ---------------------------------------------------------------------------------------------------------------- BREAKDOWN of Key Levels and Path to Target: - Breakout level = 5039.20 - Initial target range = 5050-5058, with point target 5074 -The upside continuation to this range will happen fast by 2/22-2/26, then it will consolidate between 5017 and 5088 as it prepares to make a sustained break of 5039. Don't FOMO. - SPX and general market will make its main run from 2/28 to 3/15/2024. Goal Target = 5153 , but it can go as high as 5208 before consolidating again or pulling back. - Once you follow these directions and enter long (unless I post an update saying "cancel that"), the trailing stop loss will be the dotted black upsloping line. ~Good Luck This is the word of the Lord .
OANDA:SPX500USD
by JerryManders
26
DOT - Opportunity to catch a 20% correctionGreetings everyone! I would like to share with you the analysis of DOT (Polkadot). We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons. We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone. Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).
Short
by truepersonal
XAU/USD | GOLDSPOT | New perspective | follow-up detailsThe Gold price (XAU/USD) surges to a new record high above $2,180 as yields on 10-year US bonds dip to 4.04% following the release of the US NFP data. According to the US Bureau of Labor Statistics, the Unemployment Rate climbed to 3.9%, exceeding expectations and up from the previous 3.7%. While Nonfarm Payrolls for February surpassed projections at 275K compared to the anticipated 200K, they still fell short of the previous reading of 353K. Expectations for inflation have cooled as Average Hourly Earnings grew slower than anticipated by market participants. Monthly wages saw a modest 0.1% increase, contrasting with the 0.6% rise in January. Investors had predicted a 0.3% growth in wage, but annual wage growth slowed to 4.3% from both expectations and the prior reading of 4.4%. January's wage growth was revised downward from 4.5%. The combination of sluggish wage growth and a high jobless rate has intensified selling pressure on the US Dollar. During his congressional testimony, Jerome Powell highlighted that policymakers are nearing confidence in the return of inflation to the 2% target. He acknowledged the necessity of easing the current monetary policy stance to avert an economic downturn. The rally in Gold prices suggests that investors are buoyed by Powell's slightly dovish tone, anticipating earlier rate cuts. As we gear up for the upcoming week, this video will delve into our strategic approach to navigating the evolving market dynamics from a technical perspective. XAUUSD Technical Overview: In this video, we conducted a comprehensive analysis of the XAUUSD chart, utilizing both technical and fundamental perspectives. Our examination included an in-depth study of key levels, historical price movements, market behaviors, and the interplay between buyers and sellers, aiming to unveil potential trading opportunities. Our focal point for the week is the $2,143.50 zone, endowed with historical significance, rendering it a pivotal level. The sustainability of bullish momentum above this zone could pave the way for continued buying pressure, potentially propelling prices to new highs. Conversely, the appearance of a reversal pattern or a breach below the $2,143.50 level, coupled with persistent selling pressure, might signal a resurgence of bearish sentiment. #GoldMarket #SafeHavenAssets 📺🔔💼 Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
PEPPERSTONE:XAUUSD
by darcsherry
3
GBPUSD | Perspective for the new week | Follow-upThe Pound Sterling (GBP) gains strength as market sentiment improves, driven by a growing appetite for risk-sensitive assets. This sentiment is reinforced by soft wage growth and a sharp rise in the Unemployment Rate reported by the United States Bureau of Labor Statistics (BLS) for February. The outlook for the GBP/USD pair remains positive, with widespread expectations that the Federal Reserve (Fed) will cut interest rates before the Bank of England (BoE), potentially narrowing the policy gap between them for the foreseeable future. While investors anticipate a Fed rate cut in June, the BoE is seen likely to follow suit from August onward. Despite inflation in the UK remaining higher than other developed countries in the Group of Seven (G-7) nations, driven by robust wage growth, market volatility is anticipated, particularly as expectations for a June rate cut decision by the Fed solidify, following Fed Chair Jerome Powell's less hawkish tone in his recent congressional testimony. GBPUSD Technical Analysis: Will the pound continue its trajectory and sustain its momentum above the $1.28000 zone? The spotlight is on high-impact economic events from the US docket for clues. Brace yourselves as the anticipation and the actual events may trigger sharp price movements that could present incredible trading opportunities. In this video, we've analyzed the daily and 4-hour timeframes, exploring bullish and bearish sentiments to uncover the most promising trades for the week ahead. We've delved into key levels, trendlines, and support/resistance points, unveiling essential insights into the current market structure. We are keeping a close eye on the potential range between $1.28000 and $1.28900 where a breakdown or breakdown could incite the next BIG move. It's a decisive structure where both sellers and buyers will be vying for control, and how the market reacts here will set the course for GBPUSD in the upcoming days. Stay connected and join the conversation in the comment section to stay updated on the latest developments. Thank you for tuning in, and get ready for more enlightening insights into GBPUSD in our upcoming content. Buckle up for a thrilling journey ahead! Happy trading! Disclaimer Notice: Please be aware that margin trading in the foreign exchange market, including commodity trading, CFDs, stocks, and other instruments, carries a high level of risk and may not be suitable for all investors. The content of this speculative material, including all data, is provided by me for educational purposes only and to assist in making independent investment decisions. All information presented here is for reference purposes only, and I do not assume any responsibility for its accuracy. It is important that you carefully evaluate your investment experience, financial situation, investment objectives, and risk tolerance level. Before making any investment, it is advisable to consult with your independent financial advisor to assess the suitability of your circumstances. Please note that I cannot guarantee the accuracy of the information provided, and I am not liable for any loss or damage that may directly or indirectly result from the content or the receipt of any instructions or notifications associated with it. Remember that past performance is not necessarily indicative of future results. Keep this in mind while considering any investment opportunities.
by darcsherry
Live Trades and Prime Trading Areas explainedIn the video I discuss a few live trades and the reasoning behind the entries. I also talk about the lead up price action that is important to note when managing the trades. I then discuss the same basic concepts applied to price action on the DOW and where the prime entries were and reasons for them. The basic concepts discussed are : - Momentum - Price Action - Candle Analysis - Multi-timeframe Analysis ** If you like the content then take a look at the profile to get more ideas and learning material ** ** Any Comments and likes are greatly appreciated **
OSE:NK2251!
by TradeTheStructure