IWM to bounce $240 targetMy trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom channels (period 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative
Price at or near 0.618 retrace Fibonacci level
In at $232ish
Target is $240 or channel top
Stop loss is $228, but will reenter at $225ish.
Fibonacci
CHART BREAKDOWN GBPUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 1.27800 to 1.27940, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 1.27800 and 1.27940 serving as a low-risk SELL.
Bearish Targets📉:
1.27700: Possible retracement area.
1.27200: Possible retracement area.
1.26500: Possible retracement area.
1.25500: Possible retracement area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
CHART BREAKDOWN NASDAQ: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential demand zone: low-risk buy spanning from 21,700.00 to 20,660.00, respectively, is highlighted.
Things I Have Seen👀:
Important Demand Zone🟢: Identified between 21,700.00 and 20,660.00, serving as a low-risk buy.
Bearish Targets📈:
21,800.00: Possible retracement area.
21,950.00: Possible retracement area.
22,200.00: Liquidity Area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
CHART BREAKDOWN XAUUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing a essential supply zone: low-risk sell zone spanning from 2661.00 to 2664.00, respectively, are highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 2661.00 and 2664.00 serving as a low-risk sell.
Bearish Targets📉:
2659.00: Possible retracement area.
2655.00: Possible retracement area.
2649.00: Possible retracement area.
2640.00: Possible retracement area.
2613.00: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
XAUUSD-GOLD | 15M | SCALPING TIMEHello guys, I made XAUUSD-GOLD analysis for you. For this kind of analysis, please value my analysis with your likes Thank you very much to everyone who supports me by liking
SIGNAL ALERT
BUY ( XAUUSD-GOLD ) 2650,0
🟢TP1: 2653.0
🟢TP2: 2655.0
🟢TP3: 2663.0
🔴SL: 2641.0
Medium Risk
UXLINK price powerfully pumping😱 Totally manipulative asset - $UXlink
When all the altos are growing, OKX:UXLINKUSDT price is in a falling consolidation, when most altos start to “feel bad”, then #UXLINK is pummped.
Now, the MM's goal is obvious - to break the feet of shorts and organize a “short squeeze” and sell a large portion of the asset at high volumes.
Therefore:
1️⃣ Don't shorts - it's too early.
2️⃣ Move your stops at a long position or use a trigger stop.
3️⃣ Short squeeze - are close, above $1.20, it will be sharp... to $1.30 or even to $1.50, or even to $2.15... it is unknown, time will tell)
The only thing that is known is that those who like to trade such manipulative assets will get an unforgettable adrenaline rush, but afterwards the taste will be twofold...
Better watch without participating!)
P.S:
we would buy, not earlier than at $0.26-0.32
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GBPUSD Sell Setup- Daily: FVG Identification
- H4: FVG Identification
- H1: Entry Signal
1. Fair Value Gap (FVG):
On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715
On the Daily chart also note FVG between 1.2680- 1.2712
2. Trend Confirmation:
Price has break consolidation support at 1.2715.
Price has rise back to Daily FVG area.
Price has touched H$ FVG area.
3. Position:
Entry: 1.2685
Stop Loss : 1.2725
Take Profit: 1.2500 (fibo 161.8 & previous low)
RRR : 1:4.6
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Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Prepare for relief correction.BTC has made great performance in the cryptocurrency market. Whether or not volume is real, whether or not it was inflated with digital tethers, the fact remains that the dollar value of BTC is UP. However, R/R at these ranges are questionable. Who is buying at these levels?
Either way, Greed is high at this season, may this post be a reminder to take profits especially if you're already up a lot, don't let this whole rally up go to waste. Can't decide? Then just sell half, or 10% of your stack. TAKE PROFITS!
KION 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
# KION Stock Quote
- Double Formation
* Trend Line 1 | Support
* Trend LIne 2 | Resistance
- Triple Formation
* Wedge Structure | Range | Entry | Subdivision 1
* Top Structure | Survey Valid | Subdivision 2
* Retracement | 1.618)) | 1)) | 0)) | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
ASML RISING: Weekly MACD cross up, daily EMA 34/20 cross up.After a clear double bottom AND ASML being the MOST OVERSOLD EVER in the history of this stock, we have a nice +/- 10% upside opportunity on the swing up, with very attractive risk reward ratio (depending on where you anchor your stops but I leave that to you).
Daily chart has showed us a lot of bullish divergence over the past weeks and it's clear traders have been loading up on cheap ASML shares while this unique opportunity presented itself and this has slowly exhausted the sellers over the past month, making it ripe for a jump.
ASML is ready for a major run up. What I like about this setup is that even if I am wrong about the mid-long term of this move. I capitalize on the short term momentum of the move with minimal exposure to risk.
This stock is volatile and I take that into consideration when trading it.
I am no expert and none of this is advice, just sharing how I see things, trade at your own risk.
Wish you good luck and good fortune!
Scenario xauusd update levels This analysis is purely about adjusting the level, plus a minor comment, the price is still holding on to the main level and could create a double top, the main one makes sense to me because there is a npoc on the support around the price of 2700, at which the price could choose a stop below we are currently in a poc, so then the view of thinking like this is still short, but I am still waiting for a confirming signal.
Update levels USDJPY 11.12.24The whole scenario is going exactly according to plan, we reached the level of 152 where the price has support as another insight I have to take into account the fact that we are only at the first significant fibo level and the npoc is only at the level of 0.618 so for now I still see a lot of space here and not quite right set up confirmation.
Update levels AUDUSD 11.12.24I had to modify this analysis a little because I interpreted the closing triangle here which was wrong, plus I added some levels here and overall I think the market will go a little lower around the price of 0.62700, we could finally create an SFP from this zone, we could move somewhere for the price, easily around the level of 0.67, which is also the point where there is poc level suppor and the fibo level of 0.618, but for now it's still just a matter of waiting.
Scenario GBPCAD update levels 11.12.24.There is a lot of liquidity left in this market, so the correction was much larger than could be expected, but I still think that if the market maintains the level of support, which is located at the price level of 1.80700-1.80500, then a short set up is possible, there are many levels below us where it is possible that we should see for now but still waiting.
Scenario on EURJPY 11.12.24In this market we see an ongoing correction which appears to be a triangle, if this were the case then the price would complete 164 and go down if this formation was evaluated as a double bottom or more accurately it would be a running triple bottom and after breaking through the BOS at the 166.5 level we would be here they had a long set up.