EURUSD - Other face of medal - short reboundEURUSD - Other face of medal - short rebound
If the price don't break the resistence area to 1.1380 .. so we can have a rebound until support zone with a completation of H&S pattern - ABC
Wave Analysis
XAUUSD - London Session 05 May 2025How i see the trade playing out for London session
Up then down and then back up again
CRUDE OIL FUTURE DAILY CHARTEverything according to plan!!! We see more downside potential for the Oil market that could reach $40 area
Is Uber a good buy at the current price? Here is whyHello,
Here is our outlook on Uber Technologies.
Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets.
The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms. Ridesharing refers to products that connects consumers with drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses and taxis. Its Uber Eats platform allows consumers to search for and discover local restaurants and order meals through online.
TECHNICAL ANALYSIS- Checklist
Structure drawing (Trend line drawing on past price chart data)
Patterns identification (Naming patterns on past price chart data for future wave)- A correction forming. Price is at the bottom of the corrective wave.
Future indication (Reading indicator for future wave)- Await zero crossover on MACD
Future wave (Drawing on future price chart using future indication from indicator)- As shown in chart
Future reversal point (Identifying trend reversal point on price chart using structure)- Target at $100 per share
Uber Technologies, Inc. financial performance for Q3 2024 and the nine months ended September 30, 2024.
Total Revenue: $11,188 million for Q3 2024, $32,019 million for the nine months ended September 30, 2024.
Income from Operations: $1,061 million for Q3 2024, $2,029 million for the nine months ended September 30, 2024.
Net Income including Non-Controlling Interests: $2,599 million for Q3 2024, $2,944 million for the nine months ended September 30, 2024.
Net Income Attributable to Uber Technologies, Inc.: $2,612 million for Q3 2024, $2,973 million for the nine months ended September 30, 2024.
Basic Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.24 for Q3 2024, $1.42 for the nine months ended September 30, 2024.
Diluted Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.20 for Q3 2024, $1.36 for the nine months ended September 30, 2024.
Revenue from the United States and Canada was $17,304 million, Latin America was $2,068 million, Europe, Middle East, and Africa was $8,939 million, and Asia Pacific was $3,708 million for the nine months ended September 30, 2024.
Uber announced the pending acquisition of Foodpanda Taiwan from Delivery Hero SE for approximately $950 million in cash, expected to close in the first half of 2025.
Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app. In these cities, Uber will manage and dispatch a fleet of Waymo’s fully autonomous, all-electric Jaguar I-PACE vehicles that will grow to hundreds over time.
You can find a summary of financial statements here:
Our recommendation
Since February 2024, Uber's stock (UBER) has been undergoing a correction, largely driven by concerns over the rise of robotaxi services potentially eroding the market share of traditional ride-hailing giants like Uber and Lyft. Notably, Waymo—Alphabet's autonomous vehicle division—recently expanded to Miami and now completes over 150,000 self-driving rides per week. Tesla is also set to enter the space with a planned robo-taxi launch in late 2025.
However, Uber is not sitting idle. The company, in collaboration with WeRide, has launched an autonomous mobility service in Abu Dhabi and is targeting fully driverless commercial services by late 2025 in the same region. This demonstrates Uber's proactive strategy to stay competitive in the evolving ride-hailing landscape. Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app.
The sharp decline in Uber's stock price—down 34% in recent weeks. The MACD indicator is showing that we shall be having a zero crossover soon hence suggesting that selling pressure may be nearing exhaustion, potentially signalling a trend reversal. The stock appears poised to recover and return to a more balanced supply-and-demand dynamic.
Despite current challenges, we expect Uber to remain resilient and successfully navigate market headwinds. The current price level presents a compelling buying opportunity, with a target price of $100.00 offering significant upside potential for investors who act now.
Current price: $60.80
Good luck and best regards.
gold waiting the opportuniy to go up toword 3340 there are senario for the gild to raise up toword3340 espacilly with th political satuation
best enntry 3200 and once gold up to 3270 next 3286 than 3300 than 3340
do best to select the best enter point as per the record video
Buy Trade Strategy for SCRT: Unlocking Privacy in Smart Contract**Description**:
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Still, cryptocurrency investments are inherently risky and volatile. Factors such as regulatory developments, adoption pace, and competition can significantly affect project performance. Investors must weigh the long-term potential against the short-term market fluctuations when considering **SCRT**.
**Disclaimer**:
This trading idea is intended for educational purposes only and should not be considered financial advice. Investing in cryptocurrencies like **SCRT** involves high risk, including the possibility of complete capital loss. Always conduct thorough research, assess your financial situation, and consult with a licensed financial advisor before making any investment decisions. Past performance does not guarantee future results.
XAUUSD Bearish Setup: Rising Wedge Breakdown Towards 3,166 Targe Overview
This chart illustrates a high-probability bearish setup for XAUUSD based on the breakdown of a rising wedge pattern. Rising wedges typically signal a potential reversal or correction, especially when they occur near a resistance zone and are followed by lower highs and diminishing bullish momentum.
🔍 Technical Breakdown
📐 Rising Wedge Pattern
The price of gold has been rising within a narrowing wedge, forming higher highs and higher lows but within converging trendlines.
This structure generally suggests weakening bullish momentum, and a breakdown is often followed by sharp bearish movement.
The breakdown from the wedge is already starting to form, as price struggles to make new highs near resistance.
🟥 Resistance Level (~3,280 – 3,300)
This area has historically acted as a supply zone.
Recent candlestick wicks show clear rejection in this area, confirming the presence of strong selling pressure.
Price failed to break above this level convincingly, indicating buyers are losing control.
🟩 Support Level (~3,200 – 3,215)
This zone provided a short-term base before the wedge formation.
If the wedge breaks, price may retest this zone on the way down.
If broken, this support could flip into resistance during a pullback.
🎯 Trade Setup
Bias: Bearish
Pattern: Rising Wedge
Timeframe: Suitable for short-term to swing trades (1H – 4H)
✅ Entry Point
Enter short on confirmation of a wedge breakdown (strong bearish candle close below the lower trendline).
Conservative traders can wait for a retest of the broken trendline for additional confirmation.
📉 Target
Primary Target: 3,166.10 – Measured move from wedge height and also aligns with a previous support area.
This area could act as a profit-taking zone as it represents both technical and psychological support.
🛑 Stop Loss
Place SL above the wedge resistance, around 3,313.69.
This protects against false breakouts or unexpected bullish reversals.
⚠️ Risk Management
Only risk a small percentage of capital (1–2%) per trade.
Ensure confirmation before entry – avoid entering early on low-volume breakdowns.
Consider scaling out partial profits near the support zone before the full target is hit.
🔧 Confluence & Validation
The setup aligns with basic price action principles: lower highs at resistance and exhaustion of bullish momentum.
Volume tends to drop during wedge formation and pick up during breakout – monitor volume for confirmation.
RSI or MACD divergence may further validate the bearish momentum.
🏷️ Conclusion
This rising wedge on XAUUSD presents a textbook short setup with a favorable risk-to-reward ratio. The structure, resistance zone, and loss of momentum indicate a potential shift to the downside. Traders should watch for confirmation before entering and use disciplined stop-loss management.
Today's gold short-term analysisOn Friday, stronger-than-expected U.S. non-farm data showed that tariff uncertainty has not yet hit the U.S. job market, prompting traders to reduce bets on an impending rate cut. However, although the non-farm data was relatively solid, it failed to reverse the overall weakness of U.S. economic data last week. In addition, there was some optimism about tariffs in the market. The dollar index eventually closed down 0.15% at 100.03 that day; the offshore renminbi rose above the 7.21 mark against the U.S. dollar, up nearly 700 basis points during the day.
U.S. Treasury yields rebounded for the second consecutive day, with the benchmark 10-year Treasury yield closing at 4.314%; the two-year Treasury yield, which is more sensitive to monetary policy, closed at 3.832%.
Gold's safe-haven appeal has weakened due to strong U.S. employment data and progress in international trade negotiations. Spot gold closed near the flat plate, barely holding the $3,240 mark
From the daily performance of gold, gold started to bottom out and rebound overnight, and finally closed above the middle track of the Bollinger Band. Then the market rebounded and continued to rise. Although the Asian session fell back and tested around 3227, it finally held the support level. The MACD technical indicator showed a dead cross downward. Although the selling was dominant, it was difficult to change the potential of the short-term market rebound.
From the perspective of gold in 4 hours, the market lows are constantly rising, and the highs are also refreshed. Buying is still the mainstream in the short term. The MACD technical indicator began to show a golden cross upward. The upper suppression level focuses on the vicinity of 3273-3278, and the short-term support focuses on the support near 3235-3228. It is still not recommended to sell in short-term trading. Last Friday was also an important date for the market to have a turning point. If gold starts to rise from the bottom, then this round of adjustment may also be temporarily over.
Overall, the short-term operation strategy for gold today is to buy on pullbacks and sell on rebounds. The short-term focus on the upper side is 3280-3290 resistance, and the short-term focus on the lower side is 3240-3235 support.
Buy in the range: 3240-3238, SL: 3228, TP: 3260-3270
Sell in the range: 3280-3282, SL: 3292, TP: 3250-3260
Key points:
First support: 3240, second support: 3230, third support: 3220
First resistance: 3280, second resistance: 3290, third resistance: 3300
More sharing, free viewing
GOLD SELL ZONE SETUP Gold is currently trading at $3,266, and the $3,267 sell zone is likely a resistance area due to its proximity to the April low of $3,270. This zone has become a crucial resistance level in the near term.
*Key Factors Influencing Gold Prices:*
- *Trade Negotiations*: Optimism surrounding US trade talks with countries like China and India is boosting risk appetite and supporting the dollar, putting downward pressure on gold prices.
Good chance on NZDUSD NZDUSD in down trend at 4H TF , and it reached the key level on 4H TF
if we move to 1H TF we will see that the pair completed wave cycle
there is a big chance in selling the pair from current price with 2: 2.3 RR
Sell price around 0.5980
Target : 0.5820
Stoploss : 0.6040
Gold is melting downwe are going into corrective wave on Gold on 4H time frame
we finished the first pulse move of this correction wave on 1H TF and most likely the second too
we are now in the third pulse correction move which maybe take gold to 3000
we will sort Gold from this area
sell price around 3,320
stoploss 3,333
Target 3,270
RR 1 : 3
May 5, 2025 - XAUUSD GOLD Analysis and Potential OpportunitySummary:
There is no clear directional bias in today’s market. The best approach is to trade only at key levels, wait for confirmation, and focus on protecting breakeven once a favorable risk-reward develops.
Always remember: set your Stop Loss and respect your plan.
Key Levels to Watch:
3315: Resistance
3300: Psychological round-number resistance
3269: Key intraday resistance
3250: Midpoint / half-level
3244: Support
3223: Key intraday support
3200: Psychological round-number support
👉 If my insights have been helpful to you, or if you traded based on my ideas, please consider giving a like — it’s a great encouragement for me! Thanks for your support!
Disclaimer: This is my personal opinion and not financial advice. Please manage your risk accordingly.
Weekly $SPY / $SPX Scenarios for May 5–9, 2025🔮 Weekly AMEX:SPY / SP:SPX Scenarios for May 5–9, 2025 🔮
🌍 Market-Moving News 🌍
🏦 Fed Holds Rates Amid Political Pressure
The Federal Reserve is expected to maintain its benchmark interest rate at 4.25%-4.5% during its meeting on May 6–7, despite political pressure to lower it. Investors will closely monitor Fed Chair Jerome Powell’s post-decision remarks for insights into future monetary policy directions.
📊 Key Economic Indicators on Tap
This week brings several important economic data releases, including the U.S. trade balance, initial jobless claims, consumer credit, and wholesale inventories. These indicators will provide insights into the health of the economy amid ongoing trade tensions and concerns over consumer confidence.
💼 Corporate Earnings in Focus
Major companies such as Palantir ( NASDAQ:PLTR ), Advanced Micro Devices ( NASDAQ:AMD ), Uber ( NYSE:UBER ), Walt Disney ( NYSE:DIS ), and Ford ( NYSE:F ) are scheduled to report earnings this week. Investors will be watching these reports for signs of how companies are navigating the current economic landscape.
🌐 Global Events and Leadership Changes
Europe is set for significant leadership changes, with Friedrich Merz expected to be confirmed as Germany’s new chancellor. Additionally, the Vatican’s conclave to elect a new pope convenes on Wednesday. These events, along with the 80th anniversary of VE Day, may have broader implications for global markets.
📊 Key Data Releases 📊
📅 Monday, May 5:
9:45 AM ET: S&P Global Composite PMI (April Final)
10:00 AM ET: ISM Non-Manufacturing Index (April)
📅 Tuesday, May 6:
8:30 AM ET: U.S. International Trade in Goods and Services (March)
📅 Wednesday, May 7:
2:00 PM ET: Federal Reserve Interest Rate Decision
2:30 PM ET: Fed Chair Jerome Powell Press Conference
📅 Thursday, May 8:
8:30 AM ET: Initial Jobless Claims
10:00 AM ET: Wholesale Inventories (March)
📅 Friday, May 9:
3:00 PM ET: Consumer Credit (March)
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
Wave V in PlayThe market appears to have completed a corrective wave IV, forming an ABC structure that tapped into the key demand zone around 20,025.1. This zone aligns with previous structure support, the lower boundary of the ascending channel, and a critical trendline.
🔍 Likely scenario:
If price holds above this level, we could be witnessing the beginning of wave V, with potential targets near 20,254.5.
Wave V is expected to unfold in 5 smaller internal waves and may extend further if price breaks through the mid-channel resistance.
🚨 🔺 CRUCIAL LEVEL TO WATCH: The 20,215 area is extremely important. Price reaction here will be decisive:
A strong rejection could signal a truncated wave V or the start of a deeper correction.
A clean breakout would confirm bullish continuation toward 20,254.5 and beyond.
🟢 Key Zones:
📌 Demand: 20,025 – 20,000
📌 Critical Resistance: 20,215
📌 Wave V Target: 20,254.5
📌 Invalidation level: A drop below 19,975 would invalidate the current bullish count.
📌 Trade Plan:
Look for bullish confirmation at 20,025 to consider long setups.
Watch 20,215 closely for signs of strength or rejection. If price breaks above it with momentum, continuation is likely.
NQ: Upcoming Weekly Analysis!FA Analysis:
1- Macro economic Indicators: Most data came red and few were inline confirming the slowing down of the economy.
2- Inflation data came better than expected.
3- Trump Tariffs: Strong rumors about deals underway from this week. The 90-day pause will become an indeterminate pause.
4- We have the FED this week. Nothing in terms of immediate rate cut, but the conference is very important for the looking forward.
5-ISM Services data is important.
From FA perspective, market is focusing on Tariffs deals. If it materializes, the ST outlook will change from Sell to Buy. MT and LT Outlook will stay Sell.
TA Analysis:
Weekly TF:
The weekly close was bullish and price retraced more than 61.8. This could be the end of this wave.
The FED and/or the tariff deals will give the signal for either the start of wave 3 or a continuation up. Until then, a consolidation is expected.
Daily TF:
Same as weekly... a bullish daily close. A consolidation is expected until the FED.
Happy and green week to Everyone!
Bircoin correction should End @ 94.800Correction About to Complete Wave 5 for Expnding Flat Correction
Matching .618 Retracement and 3.618 wave 1 of C Expansion to the pip @ 94.800.
Targets @ 98.750/ 100.350 And Further
BTCUSDT - Black Monday ? What's next??#BTCUSDT.. market perfect holds our resistance area as we discussed in our perveious idea regarding #btc
now market is going to close below our supporting area.
Keep close guys because eif market hold his current high then a drop expected below that.
Good luck
Trade wisely
Genuine Parts Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Genuine Parts Stock Quote
- Double Formation
* Wave Feature | Completed Survey
* Start Of (Anchored VWAP)) At 140.00 USD | Subdivision 1
- Triple Formation
* (Target Entry Or Gap Fill) & Downtrend Continuation | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Regular Settings
- Position On A 1.5RR
* Stop Loss At 114.00 USD
* Entry At 120.00 USD
* Take Profit At 129.00 USD
* (Uptrend Argument)) & No Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
PORTAL: Close Stop-Loss, High Targets#PORTAL, listed on Binance in Feb 2024, faced heavy selling pressure, crashing over -95% since launch, raising concerns about Binance's integrity.
However, maintaining $0.0666 is critical as it opens the door for a strong recovery, but losing it risks new ATLs.
#Portal
DAX Correction Ahead! Sell!
Hello,Traders!
DAX is trading in a strong
Uptrend but the index is
Locally overbought so after
The retest we will be expecting
A local pullback and a
Bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
#202518 - priceactiontds - weekly update - bitcoinGood Evening and I hope you are well.
comment: Only Thursday was bullish and right now market is trying to decide if this breakout was legit or not. If bulls can stay above 95000, the breakout above has a higher chance of being succesful. Below 94000 it has likely failed and I favor the bears for more downside.
current market cycle: weekly chart says continuation of the bull trend but i highly doubt it. much more likely we are in a big trading range 73000 - 110000
key levels: 85k - 100k (if bears somehow manage to get below 85k again, we test 80k next)
bull case: Bulls want this breakout to be the start of the third leg up for 100000. That’s all there really is to it. Bull trends need higher lows and higher highs and if bulls fail to prevent the market from falling below the breakout bar under 94000, this was likely a bull trap.
Invalidation is below 94000.
bear case: Bears want a trading range 70000 - 98000 and not let market hit 100000 again because that would for sure attract more degenerates again. Bears really don’t have much here until they print a decent bear bar that gets below 94000. This looks as bullish as can be and above 98000 I expect 100k to be hit.
Invalidation is above 101k.
short term: Neutral. Below 94000 it’s likely a failed breakout and above 97000 we can expect 100000 or more. Above 100000 there would not be a reason not to go for a new ath, same as for other markets like dax.
medium-long term - Update from 2025-04-13: Bear targets for this year are met. Now we likely range before we get new impulse to either side. I wait for market reaction around 100000 before I write more here. For now my assumption is still that this will be a trading range 73000 - 100000 for longer than a retest or even new highs.
#202518 - priceactiontds - weekly update - oilGood Evening and I hope you are well.
comment: Bears defended the breakout area and kept the market in a bear trend. Bulls tried to print a higher low with a decent bull reversal bar on Thursday. Now what? No idea. Oil below 60 is a big thing and staying below is somewhat low probability, given the past 6 years. The chart is still pretty bearish and if you want to be a bull and look at this, would you be thrilled to buy it at 58? I’m not sure. If you could hold below 53 and add lower as well, sure but as of now, bulls have not done enough to convice me this is a credible bottom.
current market cycle: trading range on monthly tf and bear trend on the daily
key levels: 54 - 65
bull case: Bulls want to keep Thursday the higher low and go up from here. Above 60 they are slightly favored to test 62/64 again but one could also draw another bear trend line from 71.66 to 63.9 from last Monday. So buying here is not favorable, no matter how you look at this chart. Only above 65 do bulls take control again and can test the next bigger bear trend line around 67.
Invalidation is below 54.
bear case: Bears kept the bounce around the breakout area from the W1 low. Now they need to make lower lows to confirm the acceleration of this bear trend. If they fail, this will become fuel for the bulls to test back up to either 67 or even the W2 high at 71.66. My line in the sand for the bears is a daily bull bar close above the daily 20ema. If bulls can get that, I think more bears will give up. Until then, bears are slightly favored, especially below 56.29 to test 54.48 again.
Invalidation is a daily close above 62 and for sure anything above 65.
short term: Neutral around 58. Below 56.29 I think we can do 54.48 or lower and above 62 I expect more upside for 64 or higher.
medium-long term - Update from 2025-04-27: This does look like another bear trap below 60, which was to be expected.
#202518 - priceactiontds - weekly update - nasdaqGood Evening and I hope you are well.
comment: Bulls want at least 20536 now and run all the stops from before the big sell-off. Bears are not doing anything at all, so bulls will likely get it. This could be a breakout-retest and I marked the area for that with the red rectangle. Small chance bears come around next week but for now it’s too early to short and buying into 9 consecutive bull days is statistically beyond moronic.
current market cycle: trading range
key levels: 15500 - 23000 (upper range is a guess, could also become 21000 but for now we don’t know so I assume the higher price)
bull case: 20536 and then 21000. Those are the next targets and bulls are in full control of the market. The measured move from the buy spike at the lows is around 22350 and it’s possible that we get there. I think we need to see a pullback and how deep that will be. If we get only another sell spike and immediate buying for higher highs, we can also assume much higher prices. Above 21100 there is no reason not to go for 23000.
Invalidation is below 19100.
bear case: Bears have nothing. Below 19100 market is neutral but until then, selling this is dumb. Wait for more bears to appear or at least seeing something that resembles a topping pattern. Like a lower high on the 1h chart. Don’t try to be the lucky bear who shorted the exact high.
Invalidation is above 21100.
short term: Neutral. No interest in buying such a buy climax but it’s way too early for shorts. Patience is key.
medium-long term - Update from 2024-04-26: My most bearish target for 2025 was 17500ish. Now I assume we will be in a trading range 16000 - 23000 for much longer.
