TON Price Reversal: The Next Big Rally AwaitsThe price action of the TON/USDT pair on a 4-hour timeframe. A clear downtrend is marked by a descending trendline, approximately the is under this trendline from 4 December. Several key horizontal support and resistance levels are highlighted, including resistance zones Pink at $7.293 - $7.163 and resistance zone Blue at $6.539 - $6.460, and support levels Green at $5.089 - $5.132.
The price recently tested the lower support zone and bounced back, approaching a confluence zone where it faces resistance from both the descending trendline and the resistance zone Purple at $5.446 - $5.504.
If the price breaks through from this Purple zone with volume it could reach the next resistance level at $5.978.
If the price is rejected from this Purple zone and the descending trendline we would see a pullback to the support zone Green.
Trend Analysis
NIFTY heading towards 22800 levels..??As we can see despite the strong opening, NIFTY failed to sustain itself at higher levels and had been negative to sideways throughout the day. Following the structure, we can expect NIFTY to test its important demand zone around 22800 levels hence we can expect more of bearishness or sluggishness in the market before finally reversing so plan your trades accordingly and keep watching.
AUDJPY: Potential Long from Key Support ZoneOANDA:AUDJPY is currently trading near a significant support zone which previously led to bullish reversals. The recent bearish move into this zone suggests a potential for buyers to step in and drive prices higher.
A bullish confirmation, such as rejection patterns, bullish engulfing candles, or long lower wicks, would increase the likelihood of a rebound. If buyers regain control, the price may rise toward the 96.650 level, where sellers could potentially re-emerge.
This setup aligns with a possible short-term recovery within the broader bearish trend. Traders should wait for confirmation of buying pressure before considering long positions.
S&P 500 Index Rises to Psychological LevelS&P 500 Index Rises to Psychological Level
The US stock market experienced an upswing following the release of inflation data yesterday. According to ForexFactory:
→ The annual Consumer Price Index (CPI) matched expectations at 2.9%.
→ The monthly Core CPI came in at 0.2%, below analysts' forecast of 0.3%.
Market participants interpreted this as a positive signal, leading to the S&P 500 index (US SPX 500 mini on FXOpen) gaining over 1% in the first 30 minutes after the data release.
As reported by Reuters:
→ Concerns about inflation eased, reviving hopes for a potential Federal Reserve rate cut, buoyed by a strong start to the earnings season (which we will cover in more detail later);
→ However, the rally may be short-lived, as inflation in the US remains uncomfortably high and could increase further due to aggressive tariff and tax policies under the new Trump administration;
→ Analysts caution that the Federal Reserve's rate is likely to remain unchanged for some time.
Technical analysis of the S&P 500 index chart (US SPX 500 mini on FXOpen) shows that since early August—when the Japanese stock market crash triggered concerns of a global recession, dragging US equities lower—the price has been in an upward trend, marked by a blue channel. The January mid-month low has provided a more precise point to define the lower boundary of this channel.
From this perspective, traders should note that the current S&P 500 price has reached a resistance zone, which consists of:
→ The median line of the blue channel;
→ The psychological level of 6,000 points;
→ The upper red line, drawn through the local highs of December 2024 and January 2025, suggesting that the decline beginning on 18th December could be viewed as an intermediate correction within the blue ascending channel.
This resistance area may serve as a key test of the bulls' determination to complete the correction and resume the upward trend.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
SELL NZDCAD - CAD correlation with OILTrader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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2720 - wait for gold price to touch this bullish zone⭐️Smart investment, Strong finance
⭐️GOLDEN INFORMATION:
Gold price (XAU/USD) reached a new one-month high during Thursday's Asian session but struggled to sustain momentum above the $2,700 level. Reduced concerns about US President-elect Donald Trump's proposed trade tariffs and expectations of two potential Federal Reserve (Fed) rate cuts this year have supported positive market sentiment. However, a slight uptick in the US Dollar (USD) has limited further gains for the safe-haven metal.
⭐️Personal comments NOVA:
Short and long trends are both supporting the uptrend - resistance zone 2720 H4 frame waiting for price to reach today
⭐️SET UP GOLD PRICE:
🔥BUY GOLD zone: $2677 - $2675 SL $2670
TP1: $2685
TP2: $2692
TP3: $2700
🔥SELL GOLD zone: $2720 - $2722 SL $2727
TP1: $2710
TP2: $2700
TP3: $2690
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
SPY will continue to go up tomorrow and for the rest of the weekI use the Heikin Ashi candlestick as they show more of a directional move within the candlesticks. Today the market went up, although you cannot see that on the Heikin Ashi Candlesticks (just on the regular candlesticks.) Typically, I would not enter until I see 2 green candlesticks on the Heikin Ashi candlesticks. But you can see on the 1-3 hour charts that all the indicators are suggesting an upward move. The 4 hour candlesticks are just about to change to a bullish move.
In the past, the SPY has made a 34 point upward move. This would put the target of 609.
The 1.618 fib move would be 614.38. This is my second target.
Typically, the SPY has had a 9-12 day move in the past once the Heiki Ashi candlesticks turn green. That would make the time target of Jan 27 to 30th. I think the move will be until Jan 30th as the market should decline from Jan 31st until Feb 6th. (just before the release for the employment situation in the USA.) This is my time target.
There could be an extreme move of 53 points to put the target to 628, but that is an extreme move not an average move.
In my past charts, I mentioned I thought the market may decline in February as the market has moved upwards for 3 months and down for one month. I no longer think that will happen due to the market declining from the middle of December to Jan 10th. If you switch to a weekly chart to look at the indicators, you can see there was a decline during that time. Currently, the weekly indicators are just starting to suggest a bullish move.
I use the DMI, Stoch RSI and the MacD as my indicators as well the Heinkin Ashi candlesticks to help with the directional moves.
There is currently a week long Wealth365 Summit with many traders speaking. I have no affiliation with this company. I am just attending the summit to learn more. Check it out here to register... www.wealth365.com
Happy Trading Everyone!
Oil Short 4HI’m excited to share my next setup for Oil. This trading idea is based on correction levels.
The main idea area is between 80.35 and 80.25. However, since oil tends to react to the 50 levels, I prefer to focus on the 80.5 level for my entry.
For the 4-hour entry, I am waiting for the formation of an M pattern with a lower peak at the second base. I’ll be looking to take scalp sell at the levels of 80.25, 80.35, and 80.5 for the first touches. after that, I'm going to wait for the confirmation to take the main Sell.
Please note that, typically, upon the first collision, we could experience either an impulse or a rejection entry. At the second base, we should wait for a consolidation area to confirm our entry. For a better understanding of this setup, please refer to my previous oil chart.
TP1: 79.9
TP2: 79.2
TP3: 77.4
SL: 81.35
Please remember that trading carries risks, and it's crucial to do your own research. The ideas shared here reflect my personal analysis and may not guarantee success. Always trade responsibly and consider seeking professional advice if needed.
Happy trading!
USD/CAD "The Loonie" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the USD/CAD "The Loonie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at anypoint,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest low or high level.
Goal 🎯: 1.44850 (or) Escape before the target
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The USD/CAD pair is expected to move in a bullish trend, driven by several fundamental factors:
US Economy: The US economy is expected to grow, driven by a strong labor market and increasing consumer spending.
Canadian Economy: The Canadian economy is expected to slow down, driven by a decline in crude oil prices and a decrease in housing market activity.
Interest Rate Divergence: The Federal Reserve (Fed) is expected to keep interest rates steady, while the Bank of Canada (BOC) is expected to cut interest rates, which could lead to a widening of the interest rate differential between the two currencies.
Commodity Prices: Canada is a major commodity exporter, and a decline in commodity prices could hurt the Canadian economy and support the USD.
UPCOMING NEWS:
US Retail Sales: The US retail sales for July are expected to increase by 0.3% monthly, which could lead to a strengthening of the USD.
Canadian Retail Sales: The Canadian retail sales for July are expected to decrease by 0.2% monthly, which could lead to a weakening of the CAD.
US Consumer Price Index (CPI): The US CPI for July is expected to increase by 0.2% monthly, which could lead to a strengthening of the USD.
Canadian CPI: The Canadian CPI for July is expected to decrease by 0.1% monthly, which could lead to a weakening of the CAD.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
MNQ!/NQ1! Day Trade Plan for 01/17/25MNQ!/NQ1! Day Trade Plan for 01/17/25
📈 21588.5 (NEXT LEVELS: 21683, 21778, 21873,21940)
📉 21210 (CLOSER LEVELS: 21560, 21495, 21400)
1/2 way mark 📈 21495 & 📉 21400
Like and share for more daily ES/NQ levels 🤓📈📉💰
*These levels are derived from comprehensive backtesting and research, demonstrating over 90% accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*
GBPNZD SELL TRADE PLANICMARKETS:GBPNZD
Trade Type: Sell (Short)
Entry 1 (Safe Market Order): 2.1770 (Break & Retest Confirmed)
Entry 2 (Optimal Limit Order): 2.1820-2.1850 (Sell at Supply Zone Rejection)
Stop Loss (Safe Above Structure): 2.1910
TP1: 2.1700 (Secure Partial Profits).
TP2: 2.1650 (Key Demand Zone).
TP3 (Full TP): 2.1600 (Sell-Side Liquidity Grab).
Risk-to-Reward (R:R): Minimum 1:3 R:R (High Probability).
Trade Confidence Level: 85% Bearish Bias (Strong Institutional Confluences).
XVG/USDTKey Level Zone: 0.013030 - 0.013460
HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
HMT v4.0:
- Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling
HMT v4.1:
- Enhanced take-profit (TP) target by incorporating market structure analysis
EUR/CAD "Euro vs Canadian" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/CAD "Euro vs Canadian" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade after the MA Breakout,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest low or high level.
Goal 🎯: 1.50500 (or) Escape before the target
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Here are the Bullish Factors that could lead to a bullish trend for the EUR/CAD pair:
Eurozone Economy:
Increase in industrial production
Surge in consumer spending
Improvement in business confidence
Increase in exports
Canadian Economy:
Decline in crude oil prices
Slowdown in the labor market
Decrease in housing market activity
Increase in trade deficits
Interest Rate Divergence:
European Central Bank (ECB) raises interest rates
Bank of Canada (BOC) keeps interest rates steady
Narrowing of the interest rate differential between the two currencies
Commodity Prices:
Decline in crude oil prices
Decline in other commodity prices that are important to Canada's economy
Currency Flows:
Increase in demand for the EUR
Decrease in demand for the CAD
Flows of capital into the Eurozone
Technical Indicators:
MACD line crosses above the signal line
William %R falls below the -50 level and then rises back above it
50-period Moving Average (MA) crosses above the 200-period MA
Price closes above the 50-period MA
MACD histogram turns positive
William %R gives a buy signal when it rises above the -20 level
Sentiment Analysis:
Bullish sentiment among traders and investors
Increase in long positions in the EUR/CAD pair
Decrease in short positions in the EUR/CAD pair
Event-Driven Factors:
Positive news about the Eurozone economy, such as a new trade agreement
Negative news about the Canadian economy, such as a natural disaster
Changes in government policies or regulations that affect the economies of the Eurozone or Canada
Monetary Policy:
ECB adopts a more hawkish tone
BOC adopts a more dovish tone
Increase in the ECB's bond-buying program
Geopolitical Factors:
Improvement in Eurozone geopolitical tensions
Increase in Canadian geopolitical tensions
Changes in global trade policies that affect the Eurozone or Canada
These are just a few examples of the types of factors that could lead to a bullish trend for the EUR/CAD pair. As always, it's essential to monitor the market and adjust your trading strategy accordingly.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
POSSIBLE SELL BIAS ON GBPNZD GBPNZD is on down trend on 4hr time frame . it has bounced on the third touch of the trend line and has given a bearish engulfing candle on both 4hr and 1hr time frame .it broke support and retested it and is about to continue the bearish move. Also made the retest on 0.6 fibonacci retracement level. Confluences :1 support turned to resistance .2 third touch of 4hr trend line .3 bearish engulphing candle confirmed on both 4hr and 1hr time frame .4 retessted on o.6 fib level.
EUR/USD analysis updateHello!
The EUR/USD is currently moving sideways. I've placed a trade line; if the market breaks through this line, I'll close all positions. However, if this sideways movement is limited to today, our target may be archive. I've created a small trading setup.
What are your thoughts on EUR/USD? Share your insights in the comments below.
Thanks!
Elliott wave finished fast :) If we will finished 4h higher 3,3$Last time I did a triangle, we hit it off :)
Now Elliott wave finished fast :) If we will finished 4h (4h chart)higher 3,298USD, we will flying up!
Is this specifically for Trump Sundays? I think so! We're going up. $2.5 on Sunday, then $3.8
Now we have rebounded after a double bottom on the 15-minute chart