A breakout strategy is a popular trading strategy used in financial markets, especially in technical analysis. It involves identifying key levels of support and resistance on a price chart and trading the subsequent breakout from those levels. Here's how it generally works: 1. **Identifying Support and Resistance**: Traders first identify significant support and...
Silver (XAG/USD) ) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 26.54 which is a pullback support that lies above the 61.8% Fibonacci retracement level. Stop loss is at 26.00 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at...
Despite Iran's unprecedented attack on Israel over the weekend, crude futures were barely affected Monday. Traders attributed the flat move to expectations that the conflict would be contained. In the short term, Israel's potential response to an Iranian attack is highly uncertain and could determine the extent of the threat to the latter's oil supply. Iran's...
USDCAD has been moving well in our downward channel and after confirmation of bullish divergence has broken out of the channel towards upside which looks good for a move up towards our target.
Hello traders ,what do you think about GOLD? Gold has broken its trend line and is pulling back to the broken zone. It is expected that after the pullback to the broken zone it will fall at least to the specified levels. If this post was useful to you, do not forget to like and comment.❤️
#SFPUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about SFPUSDT Bearish pennant formation in 8h time frame In the case of upside breakout.we can see gain here upto 30% Profit in coming days 🚀
#WINGUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze WING today. Pennant Formation in 1W time frame. Expecting 100%+ profit so far🚀
Hello Trader BINANCE:RUNEUSDT.P 4 hour swing time frame rounding top pattern chart, and the 1 hour area is a confirmation of the double top area, it has also retested. for now it is more bearish for the long term. take profit 9% stop loss 2.5% Please add a comment and Positive feedback and constructive criticism are important to authors and the...
Hello Trader BINANCE:BNBUSDT.P bullflag area, not valid to breakout upwards yet. confirm breakout area 605.43. but if you want market price, go ahead take profit 7% stop loss 2% Please add a comment and Positive feedback and constructive criticism are important to authors and the community. Disclamer: Not Financial Advice
Hello Trader BINANCE:LINKUSDT.P chart history area makes base-drop-base. the position of the area is now in the area of bearish sideways consolidation in the base area of the 13,845 range area. but does not rule out the possibility of a pulback area to return to the top, can be limited to the area or market price from now on. take profit 7% stop loss...
#CKBUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze CKBUSDT today. Falling Wedge Breakout done & Retesting complete in 4H time frame . Expecting 50%+ profit so far🚀
$BTC.DOMINANCE 3 Years ERA is ending with Rising Wedge reaching at the top on monthly TF! 🔥 An epic Bull Run is about to kick in within month or two or even less! If any correction happen that would be a golden opportunity to buy on discount or to LONG #bullrun #BullMarket
#WINGUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about WINGUSDT Wadge formation in weekly time frame In the case of successful breakout Expecting 200%+profit in coming days 📈
#JTOUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about Wadge formation in 8h time frame In the case of successful breakout Expecting massive Bullish wave🚀
#AVAXUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about AVAXUSDT AVAX is making falling wedge in 12h time frame In the case of upside breakout . we can see gain here upto 70%+profit so far 🚀
Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase: 1. **Understand Accumulation Phase**: In the Wyckoff method, accumulation is the phase where smart money (large institutional...
#BSWUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about BSWUSDT Falling wedge breakout done in 12h Time frame ✅ Expecting massive Bullish wave in coming days