Community ideas
Magic: Higher Low, Falling Wedge & Bullish Continuation (1,046%)It seems like forever, but it is worth it because of the huge potential for growth.
The falling wedge pattern is a classic, we haven't been seeing that many recently and here we have one.
The initial breakout in April only lasted two weeks. MAGICUSDT peaked 21-April and started a long retrace, this retrace as always happens ends in a higher low. The candles formed a falling wedge pattern which can be used as a bullish reversal signal.
As the breakout from the pattern happens today, we can see trading volume going up. The highest volume since April. This high volume confirms this move being real and we can expect additional growth.
The following targets can be hit within 1-3 months. So these are huge numbers watch:
ยป $1.14 Gives 626%.
ยป $1.80 Gives 1,046%.
ยป $0.4759 Gives 203%.
These are great numbers, nice potential for growth. The last target can be hit short-term, within thirty days. It can be less.
Thank you for reading.
Your support is truly appreciated.
I hope we can continue to exchange for the long-term.
You give me attention, and I give you knowledge and great trading opportunities.
Namaste.
H1 pullback in bullish H4 marketThe market is at a point where we must sell, it's at a maximum of Elliott Waves, wave 5 is already extremely extended, so prepare for a mega drop of several weeks while everyone continues to buy at the lows, it will continue to go down. In summary, we have a bullish market on H4, now there will be a correction on H1, that is, a bearish trend on H1 for several weeks; it is not an ABC, but 5 bearish waves.
Avalanche, The Money Tree; Great Entry Price & TimingWhat's the first thing you consider when looking at a chart? What is the first thing that catches your attention?
When you take the leap, how confident do you feel that your conclusions are correction? Do you doubt yourself? I don't.
The first I look at are the candles and the chart structure. Later comes the volume and price patterns. Finally, if somehow the direction is not yet clear, I add some indicators for additional support. What about you, what is the first thing you consider when looking at a chart?
I think Avalanche is ready to grow based on a rising channel, a structure of a higher lows. This small and young structure is a period of consolidation before maximum growth. Timing is running out. The market is about to go bullish and it will grow with full force.
It doesn't matter what is happening "out there," Crypto is going up.
Looks like a great entry timing is possible on this chart. The price is awesome. It is the same chart setup we've been looking at for months and months. The current price range has been active since early March.
The rise from March, April and May all include the 3-February low. It is certain and highly obvious, this consolidation has been going for too long. The bearish bias is missing. Bullish consolidation means that a bullish breakout will follow when this phase ends. The start of a new uptrend. All those altcoins that moved first revealed what will happen to this pair.
Did you miss those? I showed you some pairs that grew more than 100% in a single day. You know something interesting? The chart on those pairs is exactly the same as this one. The drop, the recovery and the higher low.
Soon, very soon, Avalanche will follow and the rise will be very strong.
Namaste.
Why Recursion Pharmaceuticals RXRX Could Be the NVDA of BiotechRecursion Pharmaceuticals RXRX is rapidly emerging as a transformative force in drug discovery, leveraging cutting-edge artificial intelligence and automation to industrialize and accelerate the development of new medicines. Hereโs why RXRX could be the next NVIDIA (NVDA) of biotechnology and why its stock could soar by year-end:
1. AI-Powered Drug Discovery Platform with Unmatched Scale
Recursion integrates AI, machine learning, automation, and advanced data science to decode biology and chemistry, dramatically reducing the time and cost of drug discovery.
The companyโs proprietary BioHive-2 supercomputer, built with NVIDIAโs DGX H100 systems, is the most powerful AI computing system wholly owned by any biopharma company, enabling Recursion to process biological data at unprecedented speeds.
By reducing the number of compounds needed for clinical candidates from thousands to just 136โ200 and shrinking development timelines to under a year, RXRX is fundamentally changing the economics of pharmaceutical R&D.
2. Strategic Partnerships and Industry Validation
RXRX has forged high-profile partnerships with pharmaceutical giants such as Bayer, Roche/Genentech, Takeda, and Sanofi, validating its platform and unlocking milestone payments that could exceed $20 billion over time.
The companyโs collaboration with AI biotech Exscientia in a $700 million deal further cements its leadership in the AI-driven drug discovery space, creating a pipeline of 10 clinical and preclinical programs with hundreds of millions in potential milestones.
NVIDIA itself holds over 7.7 million shares of RXRX, making it one of NVIDIAโs largest biotech investments and a strong endorsement of Recursionโs technology and long-term vision.
3. Explosive Revenue Growth and Strong Cash Position
Analysts forecast Recursionโs revenue to grow at a 65% CAGR from $58.8 million in 2024 to $263 million by 2027, far outpacing the broader biotech sector.
The company ended 2024 with over $600 million in cash, providing a solid runway for continued investment in R&D, platform expansion, and clinical trials.
Wall Street analysts expect more than 50% upside in RXRX stock over the next 12โ24 months, with multiple clinical milestones and partnership announcements as near-term catalysts.
4. Disruptive Vision: The โVirtual Cellโ and Beyond
RXRX is building toward a โvirtual cell,โ where AI models can simulate biological processes with such accuracy that wet lab experiments shift from data generation to validating computational predictions.
This approach could dramatically improve drug development success rates, addressing the industryโs notorious 95% failure rate and positioning Recursion as the go-to platform for next-generation drug discovery.
5. Market Sentiment and Institutional Support
RXRX has caught the attention of growth investors and major funds, including Cathie Woodโs ARK Invest, further boosting its profile and liquidity.
Recent stock surges and high trading volumes reflect growing investor confidence in Recursionโs disruptive potential and the broader AI-in-biotech trend.
Short gold, it needs to retreat to the area around 3350!Gold is currently testing the support near 3380 again. According to the current trend of gold, gold is likely to break through 3380, and gold has stopped near 3400 many times during the rebound process, and the rebound strength of gold is lacking. If gold really wants to rebound, then after testing near 3380 many times and getting support at 3390, it should have rebounded to the 3410-3420 area, but it is obvious that gold has not yet touched the 3410-3420 area. Therefore, gold's performance is relatively weak and its correction trend should continue for now.
In terms of fundamentals, Iran is not decisive in its retaliatory behavior, so if the conflict in the Middle East does not escalate, gold may find it difficult to continue to rise. So according to the current trend and performance of gold, we should not be stubborn in long gold trading for the time being, and adjust our trading plan reasonably according to the market and price behavior. If gold continues to retreat, the first thing we need to pay attention to below is the 3355-3345 area, followed by the area near 3330. So for the next short-term trading, we can try to short gold in the 3395-3405 area.
GOLD/USD โ Bullish Reversal Pattern FormingGOLD/USD โ Bullish Reversal Pattern Forming ๐ข๐
๐ Chart Analysis:
The chart shows a strong Inverse Head and Shoulders pattern forming, which is a classic bullish reversal signal:
๐น Left Shoulder and Right Shoulder โ Marked with orange circles, both found support near the 3,263 level (purple line), suggesting strong buying interest at this zone.
๐น Head โ The lowest point in between the shoulders, also bouncing from support.
๐น Resistance Zone โ Marked with red arrows around 3,500โ3,520. This zone has rejected price action multiple times in the past.
๐น Support Zone โ Marked below 3,200, where previous consolidation and buying took place.
๐ Projected Move:
The neckline breakout suggests a potential move toward the 3,520+ level. A minor pullback is expected before continuation. If price breaks above resistance, we could see a strong bullish rally.
๐ Key Levels:
Support: 3,263 ๐ฉ
Resistance: 3,500โ3,520 ๐ฅ
Potential Target After Breakout: 3,550+ ๐ฏ
โ
Bias: Bullish above 3,263 support
โ ๏ธ Invalidation: A break below the neckline would cancel the bullish setup
NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6085 will confirm the bullish momentum.
The measured move target is 0.6125.
We look to Buy at 0.6050 (stop at 0.6025)
Our profit targets will be 0.6100 and 0.6125
Resistance: 0.6085 / 0.6100 / 0.6125
Support: 0.6060 / 0.6050 / 0.6025
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (โOAPโ) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bearish drop?The Fiber (EUR/USD) has rejected off the pivot and could drop to the 1st support.
Pivot: 1.1611
1st Support: 1.1495
1st Resistance: 1.1649
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
FECTC LONG TRADE/INVESTMENT 16-06-2025FECTC Technical Long & Investment Buy Call
Rationale: FECTC broke out of a range in Oct 2024, achieved a target of 132, and then corrected in an ABC pattern. After pulling back to the breakout level, the stock shows good price action with volumes, suggesting a resumption of the uptrend.
๐จ TECHNICAL BUY CALL โ FECTEC๐จ
- Buy 1: Current level (Rs. 77-76.8)
- Buy 2: Rs. 69.6
- Buy 3: Rs. 62.4
- TP 1: Rs. 97.52
- TP 2: Rs. 113.5
- TP 3: Rs. 129.5
- Long-term Investment TP: Rs. 159.8
Stop Loss- Below Rs. 50.8
Risk-Reward Ratio- 1:5
Caution: Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
SPX/USDI've been calling for a crash for a while.
The closer to the top you are, the more hatred that you'll get for calling one.
It's a difficult position being contrary to the crowd. I think that's why Peter denied Jesus.
In any case, positive sentiment must end and as overdue as it is, I'm expecting a bang, after a final wave of FOMO.
USDJPY - Bearish Trend Continuation Story : USDJPY is forming a series of LH and LL (Bearish Trend). market has retraced to a Fib level of 50 Percent of long rally - thus forming a Bearish Flag Pattern. There is no divergence on the chart therefore we are not looking for any Harmonic or trend reversal patterns.
Anticipate : It is anticipated that market will follow a bearish trend
Plan: we plan our entry on the break of neckline which is our entry point and we keep our Stop loss as defined in the charts (above HH)
Our TP1 would be as defined in the chart (which is also projection based on continuation pattern) - TP1 would respect the support level of 121.680
Our TP2 would be as defined on the chart.
S&P500 Channel Up buy opportunity.The S&P500 index (SPX) has been trading within a Channel Up and is now on a count (5) pull-back, breaking below its 4H MA50 (blue trend-line). As long as the 4H MA100 (green trend-line) holds, we expect the index to resume the uptrend, similar to the previous Bullish Leg of the Channel Up.
That Leg almost reached the 1.5 Fibonacci extension and made a Higher High. Our Target is marginally below the new 1.5 Fib ext at 6130.
-------------------------------------------------------------------------------
** Please LIKE ๐, FOLLOW โ
, SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
Lingrid | ETHUSDT potential Bullish Trade from the ConfluenceBINANCE:ETHUSDT is retesting a key support area near 2500 following a deep pullback from the 2765 rejection zone, while holding above a multi-week ascending trendline. The recent bounce has not yet invalidated the bullish structure, and the confluence with the downward breakout level adds significance to this zone. A higher low above 2480 could trigger a sharp reversal back toward the 2765 resistance.
๐ Key Levels
Buy zone: 2475โ2520
Sell trigger: breakdown below 2450
Target: 2765
Buy trigger: breakout above 2620
๐ก Risks
A breakdown below 2475 would cancel the bullish setup
Lack of volume on bounce attempts may signal weakness
Macro events or BTC drop could drag ETH lower regardless of setup
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ๐ฉโ๐ป
EURUSD Last push before correction.The EURUSD pair made a new High by breaking above the 1.15725 Resistance and is extending the rally since the January 13 2025 Low. That Low was the Higher Low of the multi-year Channel Up, so the current uptrend is technically its latest Bullish Leg.
The first Bullish Leg of that pattern peaked after a +15.75% rise. We expect a similar peak for the current rally, thus targeting 1.17750, before a new pull-back below the 1D MA50 (blue trend-line).
-------------------------------------------------------------------------------
** Please LIKE ๐, FOLLOW โ
, SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
[06/16] Weekly GEX Roadmap - Diagonal Spreads or Put Hedges?๐ Weekly GEX Map (SPX)
This weekโs GEX profile looks nearly identical to last week:
Positive bias above 6020 up to 6100
But a sticky chop zone remains from 5975 to 6020
Below 5950? Thatโs where things get interestingโฆ
โ ๏ธ What Happens If 5950 Fails?
In that case - welcome to negative gamma territory:
Delta becomes unstable โ fast, erratic moves
Gamma loses influence โ hedging effectiveness drops
Dealer hedging lags โ market makers chase, not lead
Vega + theta distort readings โ charm decay accelerates
Result:
GEX zones lose clarity.
Pinning breaks down.
Reactions become nonlinear and emotional.
If we drop below 5950, we might see acceleration instead of stabilization โ despite the positive GEX profile.
๐ก Trade Idea of the Week โ With Caution
If not for Wednesday's macro risk (Fed rate decision), I'd suggest a bullish diagonal spread toward 6100โ6150:
Limited downside
Defined risk
Covers the full squeeze zone
But with FOMC looming, I'd only hold this trade until Thursday and close once the debit doubles or earlier.
๐งจ Macro + Geo Risks
Fed is priced for โno moveโ โ any surprise = volatility spike
Rising tensions with Iran โ oil and futures could react violently
Recommendation : Avoid OIL this week, especially futures and naked strategies
๐ก๏ธ Prefer Downside Protection?
If you expect weakness on SPX weekly:
Consider a put debit spread with the short leg at 5950, where the second strongest Put Support sits.
This type of structure can offer up to 6:1 reward-to-risk, making it one of the most efficient bearish hedges for this week.
If you enjoyed the above breakdown, feel free to check out my previous weekly analyses or explore my tools as well.
Until next time โ Trade what you see, not what you hope,
โ Greg @ TanukiTrade
Check for support near 104463.99-106133.74
Hello, traders.
Please "Follow" to get the latest information quickly.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
The next volatility period we should pay attention to is around June 22nd (June 21-23).
Currently, the HA-High indicator of the 1D chart is formed at 108316.90, so the key is whether it can rise above that point and maintain the price.
If not, there is a possibility that it will touch the M-Signal indicator of the 1W chart.
In other words, we need to check whether there is support near 99705.62.
However, we need to check whether there is support near 104463.99-106133.74.
-
If we look at the auxiliary indicator OBV, the High Line is showing a downward trend.
This means that the high point is getting lower.
Therefore, if it rises above 108316.90 this time, we need to check whether the OBV can rise above the High Line and maintain it.
-
DOM(60), DOM(-60) indicators are displayed by the Close value.
HA-Low, HA-High indicators are displayed by the (Open + High + Low + Close) / 4 value.
Therefore, HA-Low and HA-High indicators represent the middle value, and DOM(60) and DOM(-60) represent the end point value.
This makes it difficult to trade when DOM(60) and DOM(-60) indicators are generated.
To make this clearer, I added an arrow signal.
DOM(60) indicator and HA-High indicator are indicators that represent high points.
In other words, the generation of DOM(60) indicator and HA-High indicator means that there has been a decline in the high point range.
However, as I mentioned earlier, the DOM(60) indicator is not easy to respond to because it indicates the end point, but the HA-High indicator indicates the middle value, so there is time to check whether there is support near the HA-High indicator and respond accordingly.
Therefore, you should check whether there is support in the section between the HA-High indicator and the DOM(60) indicator and respond accordingly.
On the contrary, the DOM(-60) indicator and the HA-Low indicator are indicators that indicate the low point.
You can think of it as the opposite of what I explained above.
-
By not indicating the support and resistance points according to the arrangement of the candles, but using the indicator points as the support and resistance points, anyone can see how the support and resistance points were created.
This will provide important objective information for trading.
-
Thank you for reading to the end.
I wish you successful trading.
--------------------------------------------------
- โโThis is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain more details when the bear market starts.
------------------------------------------------------
THE PILLARS OF PRICE ACTION - This is what I look for!!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
tradingview.sweetlogin.com