EURNZD - Potential Buy on 4hrVANTAGE:EURNZD
We have strong support/resistance here and if history repeats itself we may enter a buy.
Still being patient on this and waiting for further confirmation of a change in direction.
I will need the 2 Stochastic Lines above, or crossing above the Purple 50 Line for longs, at least
Resistence
ENS USDT long positionObserving the current market dynamics, it is evident that the price has recently breached a significant resistance area. Presently, it is in the process of completing a pullback to that same area. Notably, there is a robust order block situated within this region, emphasizing its strategic importance. Furthermore, the 0.5 Fibonacci retracement level coincides with this area, adding another layer of significance. Considering these factors, my expectation is for a potential increase in price.
please follow and support for more analyses
USDCHF (H4) Reacts negatively to the 0.618 Fibonacci zoneOANDA:USDCHF USDCHF (H4) Reacts negatively to the 0.618 Fibonacci zone of the previous down wave. With a bearish red candle, we can execute the order:
Sell now at 0.86692
SL at 0.86866
TP1 at 0.86541
TP2 at 0.86364
TP3 at 0.86120
Note: capital management 2%
New low in EURUSDYesterday, EURUSD broke the previous bottom and reached the first target - 1.0820.
All sales already made must be reduced risk.
New trade opportunities will be available after pushing back from the resistance.
The target is a new test of 1.0820, and on a break, heading towards 1.0740!
The sell idea is broken on a break above 1.0916.
SPY overview - Jan 19Yesterday after gapping up, the market tested the Jan-17 High/Close. Then broke through 8EMA and closed strong.
Now the nearest support level is the short-term moving average - 8EMA.
The nearest resistance levels are now at 478.60, together with TRL.
It's important to note that yesterday's move was driven by strength in the semiconductor sector as well as the leadership of megacaps.
The big question for me now is which other groups of stocks the cash will flow into and whether it will flow anywhere else besides megacaps.
LINK - Sweep The Highs, Then The Lows ,Then Up.#Link
Another beautifully deceptive flag that sweeps the highs then down to the lows, perfect for milking emotional retail.
Another time based flag whipsawing fear into the leverage, cheek clinching group of retail Traders. First convince them to long then to short, then up.
Sweep the highs -> sweep the lows -> grind up past support -> bounce off heavy support -> Up
EUR/AUD ↘️ Short Trade Setup ↘️Hello Everyone.
Resistance level
💲 Entry Point : 1.64310
🟢 TP 1.62435 🔴 SL 1.65190
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Disclaimer
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Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
BK ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
resistance + RSI Signal
💲 Entry Point : 52.14
🟢 TP 48.87 🔴 SL 53.45
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
GOLDEN STAR|Important demand areas for entering sales orders.Here we currently have support from which we have seen upward scalp reactions.
-One point that we should consider is that the selling pressure is more on gold at the moment. Because of this sales transactions can have a higher winning percentage.
-To enter sell orders, we should consider the supply areas around the price of 2068 and the price area of 2074, of course, with proper confirmation.
If we want to say the important areas for entering into buying transactions, the price areas of 2048 and 2033 are valid areas for buying transactions.
AUDUSDIs AUDUSD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.6660.
What you guys think of it?
BTC Market Update 12/30/2023BINANCE:BTCUSDT Bitcoin has recently seen a deceleration in the mid-$40,000 range, encountering resistance levels between $43,000 and $44,000 on both a weekly and daily basis. From a technical standpoint, surpassing this resistance zone is crucial for supporting a bullish continuation. Currently, the market is facing challenges in overcoming these levels.
To approach this situation cautiously, a positive sign of momentum would be a weekly close above $44,100. Alternatively, a more assertive stance requires a daily close above $43,900, indicating strength in the short-term trend.
Traders focusing on technical pullbacks to support levels should consider $37,000 as the earliest significant pullback level on the daily chart. However, this may be deemed an aggressive entry point.
Beyond technical analysis, a pivotal factor is the imminent decision on the spot ETF, expected in early January. This event has the potential to significantly influence market dynamics, and we anticipate it to be a "sell-the-news" occurrence that bottoms shortly before a surge towards the halving.
Prudent trading strategies involve either maintaining a long position from a lower entry point while anticipating volatility around the ETF announcement or adopting a wait-and-see approach until the aftermath of the ETF decision becomes clear.