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Workday (WDAY) price at Major Macro Support, Does it hold?Workday (WDAY) recent price movements align with major macro signs for this stock. This analysis is for educational purpose only. We are on the 1 Month timeframe to get a macro assessment of this stock. Assessing the macro picture can really give us clues on long term trend direction allowing for better short term and long term trade setups. Ive placed some trendlines pointing out in my opinion major Support and Resistance areas. WDAY has been attempting to breakout of the $300.00 price point since November 2021. Attempted again Feb 2024 and in December 2024 with a wick indicating weakness in the breakout attempt. Since then we've had Price DECLINE or be pushed down by the "Current" Major Resistance Trendline. Our January Candle currently is a Massive Engulfing Bearish Candle indicating Momentum and Strength for Price DECLINES. This could indicate further declines even for the Month of February and something to consider. Especially if we are trying to make sense of this current move and for how long downtrend may continue. Note we are currently making contact with the Macro Trend Line, which is an extremely important trendline since price action has maintained this trendline since Feb 2016. When you look back in history, everytime we have interacted, Price has went on UPTRENDS. So this area is important to observe Will it do the same this time? Or will we continue further down? Are important questions to ask. Another area to watch is the Horizontal Support line that has been labeled. If the Macro trendline breaks, this is the second area price action will attempt to test support at. Technical analysis is always about observing, assessing and waiting for confirmation. I would like to see January Monthly candle close on or above Macro Trendline and February to also maintain this Trendline. If you start to see consecutive monthly closes below this trendline. It may indicate Trend change. Look for more evidence within indicators, candle stick behavior, other timeframes and more to be posted as i continue to monitor WDAY.
NASDAQ:WDAY
by SafofAllTrades
Why Modern Markets Demand Multi-Dimensional Data Visualization?Dashboard-Driven Analysis: Beyond Traditional Line-Based Indicators Why Modern Markets Demand Multi-Dimensional Data Visualization ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📌 THE PROBLEM WITH TRADITIONAL ANALYSIS For decades, technical analysis has relied primarily on drawing lines on charts — trend lines, moving averages, support/resistance levels. While these tools remain valuable, modern markets present a fundamental challenge: - Hundreds of interacting variables - Multiple timeframe correlations - Volume-price-momentum relationships - Institutional vs. retail flow dynamics - Real-time regime changes Trying to capture this complexity with "two lines crossing" is like trying to understand weather patterns by looking at a single thermometer. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 🎯 THE SHIFT: FROM LINES TO MATRICES A new analytical approach is emerging: Dashboard-Driven Analysis — using structured data tables, matrices, and multi-panel information displays to synthesize complex market data into actionable context. Instead of asking: "Did the line cross?" We ask: "What does the entire system state tell us?" Key Principles: 1️⃣ Multi-Factor Synthesis Rather than isolated signals, dashboards combine: - Price location (spatial context) - Volume profile (participation quality) - Flow dynamics (buyer vs. seller dominance) - Momentum regime (acceleration/deceleration) - Statistical deviation (Z-scores, percentiles) 2️⃣ State Classification Markets exist in distinct "states" or "regimes": - Trending vs. ranging - Accumulation vs. distribution - Climactic vs. exhausted - High-conviction vs. low-liquidity Dashboards classify these states explicitly rather than leaving interpretation to guesswork. 3️⃣ Real-Time Context Awareness Traditional indicators tell you WHAT happened. Smart dashboards tell you WHERE you are and WHAT it means. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📊 PRACTICAL DASHBOARD COMPONENTS A well-designed analytical dashboard typically includes: Section 1: Current State Vector - Direction bias with confidence level - Price position relative to key levels - Volume quality assessment Section 2: Structure Analysis - Support/resistance matrix - Level proximity detection - Breakout/rejection probability Section 3: Flow Dynamics - Buy vs. sell volume decomposition - Delta (net flow) measurement - Pressure imbalance detection Section 4: Signal Quality Scoring - Multi-layer validation system - Grade-based confidence rating - Risk/reward context ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 💡 WHY THIS MATTERS The evolution from line-based to dashboard-based analysis reflects a broader truth: Markets are systems, not simple patterns. A dashboard approach helps traders: ✓ Avoid false signals by requiring multi-factor confirmation ✓ Understand context before acting ✓ Recognize regime changes earlier ✓ Make decisions based on synthesis, not isolated triggers This doesn't mean traditional tools are obsolete — it means they work better when integrated into a comprehensive information framework. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ IMPORTANT NOTES - No indicator or dashboard can predict the future - All analytical tools require proper risk management - Dashboard complexity should serve clarity, not create confusion - The goal is better decisions, not more information This educational content presents a conceptual framework for thinking about market analysis in a more systematic way. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📚 CONCLUSION As markets evolve, so must our analytical tools. The shift toward dashboard-driven, multi-dimensional analysis represents not a rejection of traditional methods, but an evolution — synthesizing multiple data streams into coherent, actionable market context. The question is no longer just "What does the chart show?" It's "What does the entire market structure tell us?"
BIST:XU100Education
by ata_sabanci
Gold (GC1!) Forecast: The Squeeze & Release Path via DSRTL MatriCategory: Trend Analysis / Chart Patterns Symbol: GC1! (Gold Futures) In this analysis, we use the DSRTL-ML (Dynamic Support & Resistance) engine to map the current structural context for Gold. The indicator is tagging the state as “TESTING RES – Bias: Neutral”, highlighting a consolidation phase right underneath a major resistance band. Structurally, this is a spot where static friction meets dynamic momentum. 1. The Current Structure: Compression Phase The Matrix currently sits at S2 | D3 (Testing Resistance). - The Ceiling (Static R): Price is capped by a high-volume resistance node (orange zone: ~4.24K–4.31K), acting as a lid on price action. - The Floor (Dynamic S): At the same time, the rising DSRTL trend line (dynamic support) is pushing the lows higher inside the channel. Taken together, this can be viewed as an early ascending-triangle–style squeeze: price is consolidating between a flat static lid and a rising dynamic floor, while DSRTL keeps the official bias neutral and labels the state as a resistance test. 2. Path of Least Resistance The dashboard shows a positive Net Delta of +8.36K, suggesting that buyers have been active right below the resistance band. - Projected Path: In the absence of a clear break, price can continue to oscillate within this narrowing pocket between static resistance and the rising channel. - Breakout Vector: The combination of constructive volume flow and an upward-sloping dynamic channel creates a supportive backdrop if an upside break occurs, even though DSRTL itself still prints a Neutral bias here. 3. Scenario & Structural Objectives - Trigger: A confirmed close above the top of the Static R band (~4.31K) would move the Matrix out of its S2 “testing” state toward an S1-type breakout environment. - Next Structural Area: Above that level, the next area of interest becomes the upper rail of the DSRTL dynamic channel (pink line), where the system could start migrating toward its higher “extension” states. Invalidation: If price breaks and closes below the rising pink dynamic support, the bullish squeeze thesis is invalidated. In that case, the Matrix would likely rotate toward Neutral/Bearish or Bearish-Pullback configurations, depending on how price interacts with the underlying static support band. Disclaimer: This forecast is based on structural scenarios derived from the DSRTL-ML engine and is provided strictly for educational and illustrative purposes.
COMEX:GC1!
by ata_sabanci
EURUSD Approaching Liquidity Shelf — Watch for Reaction at 1.164EURUSD remains firmly bullish on all major timeframes, respecting the internal structure of an ascending channel. • Daily: Price continues to respect both the red trendline and broader purple bullish channel. Buyers are defending the mid-line and pushing toward the upper boundary. • 4H: Clear higher highs and higher lows. Price recently revisited and bounced off a 4H demand zone (1.14750–1.15000), and is now testing the liquidity zone at 1.16400. • 1H: Microstructure shows consolidation and possible absorption of liquidity just beneath the 1.16415 high. A clean break and retest of this level may confirm continuation. Key Levels: • Resistance: 1.16415 (previous high and liquidity trap) • Support: 1.14900 (4H demand zone) • Daily trendline holding as dynamic support Trade Plan: • Longs: Await a break and retest of 1.16415 or a retracement to 1.15600 for a more discounted entry. • Shorts: Not favored unless a strong bearish engulfing forms below 1.1600 with structure shift on the 1H.
Long
by AutoMarkets
Micron Technology - Starting the next +80% move!Micron Technology - NASDAQ:MU - perfectly respects structure: (click chart above to see the in depth analysis👆🏻) Starting back in mid 2024, Micron Technology created the expected long term top formation. We witnessed a correction of about -60%, which ultimately resulted in a retest of a confluence of support. So far, Micron Technology rallied about +60%, with another +80% to follow soon. Levels to watch: $150, $180 Keep your long term vision! Philip (BasicTrading)
NASDAQ:MULong
by SwingTraderPhil
11
Ethereum - The bottom is finally in!Ethereum - CRYPTO:ETHUSD - is starting the rally: (click chart above to see the in depth analysis👆🏻) Finally, after dropping an expected -65% over the past couple of months, Ethereum is retesting and already rejecting a significant horizontal structure. Together with the strong confluence of support, Ethereum is now creating a long term bottom, initiating the next bullish cycle. Levels to watch: $2.000, $4.000 Keep your long term vision! Philip (BasicTrading)
CRYPTO:ETHUSDLong
by SwingTraderPhil
35
EURAUD - Technical Analysis [Short Setup]🔹 EURAUD Analysis on 30M chart - The current Trend is BEARISH - There is no Bullish divergences - Using trendline to take trade on HL 🔹 Trade Plan - Entry Level = 1.64757 - Stop Loss = 1.11500 - TP1 = 1.64385 - TP2 = 1.64191 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Short
by Bountysoul
One-Line Practice: Set Yourself Aside and FollowIn this video, I set up a trading plan and introduce a trend line exercise you can practice in any market and in any time frame. There is no one right way to draw a trend line, it's a matter of function and what you are trying to see. We will be drawing a trend line off two relative (same size swings). This will identify the footprints of organized volatility on a chart. This exercise is designed so that you can learn about markets and price flow in your own hand. Its objectives are: 1. Learn to isolate relative market structures. 2. Learn to set yourself aside and follow price no matter what price is doing. 3. Allow the practice and price flow to teach you. We first need to make some objective swing definitions: Confirmed Swing High/Low: A new high confirms a swing low and a new low confirms a swing high. Balanced/Relative Swing: Same size reaction legs. One Line Practice Instructions: 1. Identify two confirmed relative (same size reaction legs) swings. 2. Anchor a trend line at the two lows and make observations (not expectations) about how price interacts with the line. 3. Always follow the last two relative confirmed swings with the trend line. 4. Draw a box across the top of each swing and observe how price interacts with the boxes. By identifying two same sized swings that confirmed new highs, we have found some organized volatility and behavior. We can then participate in that continued behavior or have a way to know when it changes. Shane
NYSE:NOWEducation
by ShaneBlankenship
2
Riding the Waves: Mastering Trendline Trading in Forex and Gold Riding the Waves: Mastering Trendline Trading in Forex and Gold 📈✨ ✅Trading with trendlines is a fundamental technique in the world of forex and gold trading. Trendlines help traders identify the direction of the market and potential entry and exit points based on the prevailing trend. In this comprehensive guide, we will explore the art of trading trendlines in forex and gold, providing actionable examples to illustrate their application. Please, check this falling trend line on GBPUSD. First, it was a strong resistance. After a breakout it turned into support ✅ Mastering Trendline Trading: 1. Drawing Trendlines: Traders can draw trendlines by connecting swing highs in a downtrend or swing lows in an uptrend. These lines act as dynamic levels of support and resistance, guiding traders in identifying potential reversal or continuation points. 2. Trendline Breakouts: A breakout above or below a trendline can signal a potential shift in the prevailing trend, offering traders an opportunity to capitalize on emerging market dynamics. 3. Multiple Timeframe Analysis: Combining trendlines across different timeframes can provide a holistic view of the market trend, enabling traders to make more informed trading decisions. Take a look at this trend line, it is a strong vertical resistance. You can sell the market once it approaches that. ✅Examples: Example 1: Trendline Bounce in Forex In a currency pair chart, if the price repeatedly bounces off an upward-sloping trendline, it indicates a strong bullish trend. Traders can consider entering long positions when the price retests the trendline and shows signs of continuation. Example 2: Trendline Breakout in Gold Suppose the price of gold breaks below a descending trendline that has been acting as resistance. This breakout may signal a potential downtrend, prompting traders to consider short positions or monitor for further confirmation of the new trend direction. Look at this solid trend line on AUDUSD. Probabilities will be extremely high that the price will drop from that Mastering the art of trading trendlines in forex and gold can equip traders with a valuable tool for interpreting market trends and making informed trading decisions. By integrating trendline analysis into your trading approach, you can ride the waves of market dynamics and enhance your trading proficiency. Happy trendline trading! 📉🌟
OANDA:XAUUSDEducation
by AnabelSignals
1