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GBPUSD Bullish trade Idea after see some sold breakout confirmatGBPUSD bullish trade idea after seeing some sold breakout confirmations on H1.
Buy Price LEVEL: 1. 2597
SL: 1.2550
TP: 1.27141
After the FOMC meeting yesterday night, the price dropped to 1.25627 with high volume when the Fed rate of 4.50 will boost the USD.
The GBP index is bullish; just find the trade with a tight stop loss.
*Note: The market is highly volitile in December; just place a smaller number of trades.
NVDA out of gas?H&S on the daily with 132.67 as the neckline. We also have another H&S that has played out and was followed by a double top, now failing once again under support. I'm in puts now with a stop-loss at 133. This is also where i would flip bias for potential squeeze at 133 after a backtest of 132.67
TP Hit, Letting Remains RunMore To The Upside Bias As We Above Both daily & Weekly.
Potential Discounts To Occur As We In OverBrought Zone, Therefore Pullbacks Retracements On The Rise Before Continuing To The UpSide.
Trade Safe Everyone.
Happy Wednesday.
😎
Japan Nikkei index- just a quick post to show u something.
- As always everything is in the graphic.
- Now look at Japan Index closely.
- So a quick crash happened but look where Nikkei Bounced.
- i always speak in my posts that :
- " Supports are always turning to resistances ".
- " Resistances are always turning as supports ".
- Here you have a perfect exemple with Nikkei225.
- if u can trade Cryptos, u can trade anything else!
Happy Tr4Ding !
ETHUSDT LongOn Ethereum vs US dollar we had a upwards trade but now in this anylisis i want to confess that the pair is in bearish trend but as i am seeing the pair is going to atleast complete Lower high and in H4 to H1 its in a Bullish trend due to its lower high completion so we will be having a long trade over this price and then will start a bearish continuation
XAUUSD H4 - Sell SignalXAUUSD H4
Here is an update on Gold. We are approaching this $2,640/oz support price, and interim trading support zone indicated on the H4 and H1 timeframe. If we are able to break this convincingly, we should see price trade closer towards that $2,624/oz price in the near term.
However, we may well see price bounce from this zone as indicated before gearing up for shorts. The preferred play here is to sell from $2,670/oz and buy from $2,625/oz. Simply buying from the lowest area of support, and selling from highest area of resistance.
Bitcoin - The Dip Takes No Prisoners!I doubt it will go below $58k. So stop thinking another pullback will come to re-enter back in. That's not going to happen, 55k was the second best entry option for those who missed the retest at 50k.
Time to look for another entry closer to 58-59k
The price action is very telling and, for the most part, the bottom is in. Will we get a double confirmation on another retest of 53-54k? Not likely.
Slow climb from here to leave everyone on the sidelines!
$ABNB Doomed: Stock to $50 (-50%) NASDAQ:ABNB Doomed: Stock to $50 (-50%)
Occasionally in your career, you get a really clear signal. The technicals, fundamentals, and narrative all line up perfectly.
I dislike this company, its business model, and the fact that it enables even more Boomers and private money to take family homes off the market. The hosts are adversarial, controlling, and almost certainly spying on you.
Airbnb can only thrive under the halcyon conditions of low interest rates, easy money, and consumers with disposable income. None of this is true, or likely to be true in the coming 24 months.
Americans are declaring bankruptcy at record levels, real wages haven't been lower in a lifetime, and inflation has reduced vacations and luxuries to a trip to McDonald’s. Not joking—a recent headline declared that nearly 80% of Americans consider McDonald's a luxury.
Many hosts are overburdened and overleveraged with mostly vacant properties. Unsurprisingly, hosts' profitability is sinking, and as soon as we see home prices or consumer sentiment start to shake, many of these owners are going to sell. This will fuel a spiraling doom-loop, driving the stock down to as low as $50 by next summer.
The trade: Rejection at the lower highs of '22 and '24 (in yellow) has set up the rising wedge we just broke down from. In the same way rejection at $200 in '22 saw a -60% move, I believe rejection at $170 this year has set us up for another leg down in a precipitous drop.
Short from $125 to about $65. If you're not already bearish and short, look out for a bounce and gap fill to $120ish, before brutal rejection below $100. Get some popcorn; it’s going to be wild.
Us oil will go up next week Usoil will go up on 4hrs Timeframe following a successful downtime to the support zone.
Look for a buy entry next week. And don't forget to place your stop loss.
Trade safely.
See you at the top!
GBPUSD Sell | Trade Setup AnalysisGBPUSD is moving in an ascending channel between the trend lines.
The price has reached the resistance level, which has already acted as a reversal point.
We expect a decline.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
NZDJPY BUY | Idea Trading AnalysisNZD/JPY is falling towards a support level which is a pullback support and could bounce from this level to our take profit.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity NZDJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
DXY on the Brink! Key Levels and Patterns You Can't Miss Trading Idea Breakdown for USD Index (DXY)
Chart Overview:
Time Frame: 4-hour and 1-hour charts
Instrument: U.S. Dollar Index (DXY)
Key Levels and Zones:
Daily High:
Level: 112.304
Significance: Significant resistance level from previous price action peaks.
Weekly LQZ (Liquidity Zone):
Level: 108.007
Significance: Key zone where price has shown notable liquidity and potential for major reversals or continuations.
Daily LQZ:
Level: 106.524
Significance: Important daily liquidity zone that influences short to medium-term price action.
4-hour LQZ:
Level: 103.894
Significance: Critical level for intraday trading, often indicating significant support or resistance.
Daily LQZ (Lower Zone):
Level: 101.908
Significance: Lower daily liquidity zone that could act as a strong support if the price dips.
Missed LQZ:
Level: 100.552
Significance: A previous liquidity zone that was not retested, potentially a strong support area.
Missed LQZ (Lower Zone):
Level: 99.561
Significance: Another potential support level if the price continues to decline.
Technical Patterns:
Descending Triangle:
Visible on the 4-hour chart, the descending triangle pattern indicates a potential bearish continuation if the price breaks below the lower trendline.
Ascending Triangle:
Observed in the price action within the upward sloping trendlines, suggesting potential bullish movement if the price breaks above the upper boundary.
Flag Pattern:
Noted in both the charts, flag patterns typically indicate a consolidation phase before a continuation of the prevailing trend.
Price Action Insights:
Current Price: 104.084 (at the time of the screenshot)
The price is hovering near the 4-hour LQZ, indicating a critical decision point for either a bounce or a further decline.
Potential Scenarios:
Bullish Scenario: If the price holds the 4-hour LQZ and breaks above the recent consolidation, we could see a move towards the daily LQZ at 106.524 and potentially higher towards the weekly LQZ at 108.007.
Bearish Scenario: If the price fails to hold the 4-hour LQZ and breaks below, we might see a decline towards the daily LQZ at 101.908 and possibly further towards the missed LQZ at 100.552.
Market Sentiment:
The charts suggest a balanced sentiment with key liquidity zones serving as potential pivot points for future price action. Traders should watch these levels closely for signs of strength or weakness to determine the next significant move.
7/9 The Layout for the Morning Session.... Powell at 10am estGREATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT MORNING YALLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
😏 😏 😏
07/09/2024
**News** ON THE BLOCK TODAY!!!!
***Jerome Powell Speaks*** WATCH OUT HIS WORDS WILL WHIP SAW THIS LIKE NO OTHER
10 AM ET
***Michael Barr Speaks***
9:15 AM ET
***Midnight*** **CONSENTRATED CONSOLIDATION **
*#ES 5638*
*#NQ 20734.25*
💰 **BUYSIDE**💰
***#ES 5640***.--->Above this level we look for --->....
🟢 5653.25
🟢 5676.85
🟢 5694.75
🟢 5711.25
🟢 5727.50
🟢 5738.25
***#NQ 20748.25***...---> Above this level we look for-->
🟢 20754.50
🟢 20788.50
🟢 20813.00
🟢 20843.75
🟢 20878.00
🟢 20902.25
🟢 20933.25
💰 **SELLSIDE**💰
***#ES 5632.75***--- Below this level and we look for
🔴 5616.75
🔴 5604
🔴 5580
🔴 5564.50
🔴 5550.25
***#NQ 20703***---> Below this level and we look for
🔴 20685
🔴 20656
🔴 20639
🔴 20619
🔴 20594
Technical Analysis of Harmony (ONE/USDT) on Binance Technical Analysis of Harmony (ONE/USDT) by Blaž Fabjan
Chart Overview
Harmony (ONE/USDT) on a 4-hour timeframe. The following key technical elements are observed:
Descending Triangle Pattern:
A descending triangle pattern is visible, characterized by a series of lower highs and a horizontal support line around the 0.01380 USDT level. This pattern is often seen as a bearish continuation pattern, but it can also lead to a bullish breakout.
Volume:
The volume is displayed at the bottom, showing a recent spike which may indicate increasing interest and potential for a breakout.
Indicators:
WMG Cipher B Divergences: Shows multiple divergences indicating potential bullish reversals.
RSL (Relative Strength Line): Currently at 36.07, suggesting the market is nearing oversold conditions.
Stochastic Oscillator: At 5.88, indicating the market is in an oversold condition, which could suggest a potential upward movement.
Trading Plan
1. Intraday Trading
Entry: Look for a breakout above the descending triangle's resistance line at approximately 0.01420 USDT with a confirmation candle on the 15-minute chart.
Stop Loss: Place a stop loss just below the recent swing low at 0.01370 USDT.
Take Profit: Initial target at the previous resistance level around 0.01500 USDT. Adjust stop loss to breakeven if price reaches 0.01460 USDT.
2. Scalping
Entry: Enter trades at support and resistance levels within the triangle, focusing on quick in-and-out trades.
Support Levels: 0.01380 USDT
Resistance Levels: 0.01420 USDT
Stop Loss: Tight stop loss of 0.001 USDT below the entry point.
Take Profit: Aim for small, consistent profits of 0.002 USDT per trade.
3. Swing Trading
Entry: Wait for a confirmed breakout above the descending triangle at 0.01420 USDT on the 4-hour chart.
Stop Loss: Place a stop loss below the breakout point at 0.01380 USDT.
Take Profit: Set initial target at 0.01600 USDT and a secondary target at 0.01800 USDT. Use a trailing stop loss to lock in profits as the price moves in favor.
Conclusion and Advice
Given the current chart patterns and indicators, a long position could be considered if a confirmed breakout above the descending triangle at 0.01420 USDT occurs. The oversold conditions indicated by both the RSL and the Stochastic Oscillator support the potential for a bullish reversal. However, traders should be cautious and watch for a confirmation of the breakout to avoid false signals.
Advice for Long Position:
Patience is key: Wait for a confirmed breakout and avoid entering positions prematurely.
Risk Management: Ensure proper stop loss placement to mitigate risks.
Volume Confirmation: Watch for an increase in volume to confirm the breakout.
In summary, Harmony (ONE/USDT) shows potential for a bullish move, but confirmation and proper risk management are crucial for successful trading.
+4R Tricky NZDUSD BreakdownAnother trade breakdown
☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
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Dollar’s Rise Toward 2024 High Bolstered by CPIThe greenback is growing towards a brand new excessive for the yr on hypothesis that Wednesday`s US inflation analyzing and Federal Reserve coverage selection will boom demand.
The Bloomberg Dollar Spot Index rose Tuesday for a fourth instantly session, hiking a complete of 1.1% in that period, amid assist from final week`s record of US jobs increase and political turbulence in Europe. The gauge now trades approximately 0.4% beneath this yr`s top reached on April 19.
“Tomorrow affords a actual possibility for the greenback to increase its current gains, Powell permitting,” Patrick Locke, an FX strategist at JPMorgan Securities LLC in New York, stated in an interview. “There are motives to anticipate each CPI and FOMC will err at the bullish/hawkish facet for the greenback, supporting it sweep the tactical trifecta,” he stated, relating to the approaching customer fee index and Federal Open Market Committee reviews and Friday`s above-estimate non-farm payrolls.
Market overview/ Live Trade Sets Part 4Me Going Over My Full Strategy In Detail ! If you Need More IFormation hit Me Up In My DMs!
➡️+5RR Trade Breakdown (4 min.)A quick breakdown of a recently called trade.. Follow, like, comment. Thank you for your support
Nifty's Secret WeaponNifty 400 points in 6 days.
With no intraday scalping headache.
Set the indicator from Risological.
Wait for the price crossover of the Dotted line.
Sell at the TP4. This indicator has been catching profitable Nifty moves pretty consistently.
BHEL 13%+ Gain in 7 trading days!Hello traders,
How are you guys doing?
Iam bring you one of my recent successful equity trade I took - BHEL
The price on the 15 min time frame successfully closed above the astra line which gave me the confirmed entry for this trade.
The election results are round the corner and the overall market sentiment looks bullish, Iam selling 50% of BHEL on the TP 4 as shown in the chart and hold the remaining till the price crosses under the Astra dotted line.
Overall a nice trade. Good luck and happy trading.
GBPUSD SELL | Idea Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
