guys there is an opportunity to go long or short if the price breaks and closes below or above the support line and can aim the recent swing low or high and i have also used fib to predict where to set the take profit for both long a short position, for long position you can set your TP at the above arrow and for short position you can set your TP at the down arrow
i think that the market will do this that the market will form lower lows into support and the support will break and then it will retest back the support
✍️ NOVA hello everyone, Let's comment on gold price next week from 15/1 - 19/1/2024 🔥 World situation: Traders purchased Gold as a result of the intensification of the conflict in the Middle East. Additionally, the rise in demand for the precious metal was driven by the decrease in yields of US Treasury bonds. This was fueled by expectations that the US...
#NEAR: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Be prepared to add more positions if the price drops to $3.34. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $3.52, $3.6, $3.78,...
#SEI long trade setup: Entry Point: Buy at CMP: Consider entering the trade at the Current Market Price (CMP), taking advantage of the current market conditions. Additional Entry: Add more positions up to $0.661. This level is identified as a potential strategic buying opportunity. Target Prices: Set specific target prices at $0.78, $0.85, $0.92, $1.01, and...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The US Dollar bulls are facing uncertainty regarding the rate-cut path of the Federal Reserve. This uncertainty is providing support to the Comex Gold price, which is gaining some positive momentum due to repositioning trades before the release of the US consumer inflation figures. Following the...
Looks like it's broken out of its sideways channel, possible wave 4 for the next leg up ⬆️
🔮 #XTZ Analysis - Support and Resistance 🚀🚀 💲💲 #XTZ is trading above its supply zone and we have seen rejection from its resistance zone before. But if #XTZ closes above the supply zone and sustain the higher price, it will indicate a good bullish move 📈 🔖 Current Price: $0.899 ⏳️ Target Price: $1.130 ⁉️ What to do? - We have marked crucial levels in the...
Fundamentally, 2023 was a strong year for stocks notably tech, which has created a strong bullish anticipation for 2024. We are in the midst of a CPI release coming this Thursday on the 11th. It is obviously the most important data release of the year (since we're 9 days in lol). More seriously it is the factor that WILL determine the move to come (no shit). By...
"ACE/USDT Long Trade Alert 🚀 ACE breaks falling wedge, now retesting. Entry: Current Market Price (CMP), add more up to 9.0081. Targets: Aiming for 60-80% gains. Stop Loss: If any 2-hour candle closes back inside the wedge. Leverage: 5x to 10x. R:R (Risk-Reward Ratio): 1:6 (Lucrative). Use leverage wisely, DYOR. Not financial advice.
Hello Traders! This is my idea related to EURJPY H4. I expect a retracement until the resistance level at the price of 154.000 and after that a Bullish move until the price of 158.400. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Weekly chart looks good for a long swing trade. Oversold after the lead cable news, earnings report was not bad. Sitting right now at support. Double bottom, rsi bullish divergence.
Hello trader’s what do you think about DXY index )? traders are looking 👀 a 4H tame frame 🖼️ trade line dxy hitting support levels and trade line now dxy bak up ⬆️ 102.381 to 102.573) The dollar index fell to below 101 on Wednesday, the lowest in five months, as markets continued to position according to signs of cooling US inflation, and consequently, incoming...
Exposing the Elliot Wave count and Head and Shoulders Pattern in MATIC/USDT chart. We can clearly see a resistance level recently broken and bactested. These are strengh signs and should push MATIC towards the 1.50-1.70 area level quite fast in the upcoming weeks. Projection: Between January up to early mid February to reach the target. Long Position open at...
NYSE:SPCE Bottom was confirmed at $1.38. There is a clear short-term upward trend that can be identified based on the higher highs and higher lows. For this trade, we assume NYSE:SPCE enters a consolidation phase with sideways movement. Short at $2.72 Long at $2.35
USDPLN reached the long-term growth base plotted since 2011 - there was the first important minimum in the white growth tunnel. Interestingly, each subsequent minimum every few years is practically exactly 30 polish "groszy" (polish cents) higher. Would this indicate that what we see here is the place to start? :) For a long-term purchase of the dollar on this...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: The price of gold is trading higher near its three-week high of around $2,088 per troy ounce during the Asian session on Thursday. The potential for rate cuts by the Federal Reserve (Fed) in the first quarter of 2024 has improved risk appetite, leading to an increase in the price of gold. The presence...