EURUSD (4H): HIGH-RISK UPTREND

27 dic 2024

TP2 @ 1.0521
TP1 @ 1.0440
BLO1 @ 1.0401 📈
BLO2 @ 1.0388 ⏳
-SL @ 1.0340 🚫

SUPPORT LEVELS

• 1.0402 and 1.0388: Immediate support levels where price may bounce upward if tested.
  
• 1.0366: A critical level to watch. If the price drops below this, the bullish outlook weakens significantly.
  

RESISTANCE LEVELS

• 1.0440: The first major resistance zone. The price must break above this level to continue upward.
  
• 1.05214: Your target. This is a significant resistance area, with potential for profit-taking as it aligns with long-term technical factors.
  

OSCILLATORS (Momentum-Based Indicators)

• RSI (49.25): Neutral.
  
• This indicates the market is neither overbought nor oversold
  
• This allows room for movement in either direction.
  
• Momentum (10): Bullish. This suggests upward pressure, supporting your target of 1.05214.
  
• MACD: Indicates a "Buy," confirming mild bullish momentum.
  

MOVING AVERAGES (Trend Indicators)

• Short-Term MAs (10, 20 periods): Bullish.
  
• These suggest the current uptrend has support for the next move.
  
• Medium-Term MAs (50, 100 periods): Bearish.
  
• These indicate resistance in the zone of 1.046–1.052.
  
• Long-Term MAs (200 periods): Bearish.
  
• Reinforces that 1.05214 is a significant resistance area.
  

KEY INDICATORS

• Volume Weighted Moving Average (VWMA): "Buy" at 1.04036, showing bullish volume activity.
  
• Ichimoku Base Line: Neutral at 1.03953, reflecting the consolidation phase.
  

ANTICIPATORY TREND to 1.05214

• Clear Immediate Resistance at 1.0440
  
• This level represents the first barrier to upward movement.
  
• A breakout above 1.0440, confirmed by strong bullish candlesticks or increased volume, is essential for continuation.
  

CLOSE ABOVE Resistance at 1.046–1.048

• This range aligns with medium-term moving averages.
  
• Expect the price to slow down or consolidate here before pushing higher.
  

BREAKOUT to 1.05214

• Once the price sustains above 1.048, the path to 1.05214 becomes more likely.
  
• Be prepared to take profit or adjust positions, after a breakout
  

POSITION MANAGEMENT

• Entry: If already in a position, hold and monitor the price’s interaction with 1.0440.
  
• Adding to Position: Consider adding only after a confirmed breakout above 1.0440.
  
• 1.0440: Partial profit-taking is advised as this level represents significant resistance.
  
• 1.05214: Close or scale out the majority of your position as this is your final target.
  
• Place a stop-loss below 1.0388 or 1.0366 to protect against downside risk.
  
• Watch for invalidation signs like price rejection at 1.0440 or sustained movement below 1.0366.
  

27 dic 2024

Trade attivo

SUPPORT LEVELS
—1.0420: Immediate support zone aligning with a recent consolidation and marked buy stop order.

—1.0388–1.0357: Strong support cluster with multiple buy orders. These levels provide a safety net for any pullbacks.

—1.0340: Final pivot low and stop-loss placement. A break below this invalidates the current bullish scenario.

RESISTANCE LEVELS

—1.04865–1.05000: The Mid Pivot Zone (TP2) is the next key resistance. This area may face selling pressure as it coincides with prior pivot highs and medium-term moving averages.

—1.05214: The next Take Profit (TP3) target. This aligns with the anticipatory uptrend trajectory and represents a significant resistance level to monitor.

—1.0576: A higher resistance zone near the 1.0580 sell order, suggesting a possible reversal point if the bullish trend remains intact.

—1.0630: The ultimate pivot high, this price also acts as a stop-loss for sell orders.

27 dic 2024

Nota

OSCILLATORS (Momentum-Based Indicators)

—RSI (52.47): Neutral. Indicates a slightly positive bias but still balanced market conditions.

—Momentum (10): Bearish (-0.00050). Suggests mild downward pressure, indicating potential consolidation before the next move.

—MACD: Bullish (0.00061). Confirms short-term upward momentum supporting the next targets.

—Bull Bear Power: Bullish (0.00099). Reflects a slight edge to buyers.

—Stochastic %K (64.18): Neutral. No clear overbought or oversold condition.

—Ultimate Oscillator (54.57): Neutral. Confirms lack of strong directional bias.

27 dic 2024

Nota

MOVING AVERAGES (Trend Indicators)

—Short-Term MAs (10, 20, 30 periods):

—Mixed signals: 10-period EMA/SMA indicate a "Sell," but 20- and 30-period MAs are bullish.

—Short-term bullish momentum is intact but may face minor pullbacks.

—Medium-Term MAs (50 periods): Bullish. Suggests continued upward movement toward 1.04865–1.05214.

—Long-Term MAs (100, 200 periods): Bearish. These levels reinforce strong resistance near 1.05214 and 1.0576.

—Volume Weighted Moving Average (VWMA): Bullish (1.04153). Confirms positive volume activity supporting upward price movement.

—Hull Moving Average (1.04317): Bearish. Suggests potential short-term resistance.


—Ichimoku Base Line: Neutral (1.04139). Indicates consolidation within a balanced market environment.

27 dic 2024

Nota

CONSIDERATIONS
—Resistance at 1.04865 represents the next barrier to upward movement.

—A breakout above 1.04865, confirmed by strong bullish candlesticks or increased volume, will signal a continuation to 1.05214.

—Expect friction, consolidation or resistance near 1.05214, as it aligns with medium- and long-term moving averages.

—Monitor volume and candlestick patterns for signs of rejection or continuation.

—If the price sustains above 1.05214, the next potential resistance is 1.0576.

—Be cautious of profit-taking or a reversal at this level.

27 dic 2024

Nota

POSITION MANAGEMENT

—Hold Existing Positions: The uptrend is intact, so maintain positions while monitoring price action around 1.04865 and 1.05214.

—Scaling In: Consider adding to positions on confirmed breakouts above 1.04865, provided momentum indicators remain bullish.

—1.04865: Partial profit-taking is advised at this resistance zone to lock in gains.

—1.05214: Close or scale out the majority of your position, as this is the next take profit target.

—Stop-Loss Placement: Tighten stops to 1.0420 to protect gains. Keep a hard stop below 1.0340, as a break invalidates the bullish outlook.

—React to Pullbacks: If the price retraces to 1.0420 or 1.0388, consider these levels for potential re-entry, provided the overall uptrend remains intact.