Hello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .
GBP/CHF is reacting off the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance. Pivot: 1.1312 1st Support: 1.1255 1st Resistance: 1.1395 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Elliott markup on OTHERS chart + RSI - show my expectations in alts perfomance in this cycle / comparison to prev cycle
RPL is following Bat Pattern. If it continues to follow it (91% chances) then it is going to test 15.80 first and then will test 15.00 and then 13.20 and eventually 10.75 . And if it does not then it will bounce back from Orange line which is weekly support line.
FX:EURUSD dropped after the news was released and is now pulling back toward the resistance zone. The price is slowing down and forming rejection candles, indicating a potential reversal at this resistance zone. On the 1H chart, the price is showing an ABCD pullback pattern. Given the bearish sentiment, I believe the market might continue to move downward. I expect a pullback to the resistance zone around 1.04300 before the bearish trend resumes. My goal is support zone around 1.03260 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
FXOPEN:XAUUSD @Alexgoldhunter Price Action Analysis and Strategy Key Elements on the Chart Current Price: The chart shows the current price of Gold at 2,615.90 USD. Break of Structure (BOS): Several points indicate significant price movements, suggesting potential shifts in the trend. Fibonacci Retracement Levels: 0.382 Level: 2,607.94984 USD 0.5 Level: 2,615.87 USD 0.618 Level: 2,623.79016 USD 0.705 Level: 2,629.6296 USD 0.786 Level: 2,635.06632 USD Volume: Shown at the bottom of the chart with varying heights, indicating trading activity levels. Relative Strength Index (RSI): Current values are 45.59 and 32.11, suggesting neutral to slightly oversold conditions. Moving Average Convergence Divergence (MACD): Current values are 1.83, -7.50, and -9.33, indicating bearish momentum with potential for a bullish crossover. Buy Strategy Entry Point: Consider entering a buy position near the 0.382 Fibonacci level (2,607.94984 USD), especially if the price shows signs of reversal with increasing volume. Confirmation: Look for a bullish break of structure (BOS) and RSI moving above 50. Target: Aim for the 0.618 Fibonacci level (2,623.79016 USD) or higher, with potential for additional targets at the 0.705 and 0.786 levels. Stop Loss: Place a stop loss below the recent low or the 0.382 Fibonacci level to minimize risk. Sell Strategy Entry Point: Consider entering a sell position near the 0.786 Fibonacci level (2,635.06632 USD), especially if the price shows signs of reversal with decreasing volume. Confirmation: Look for a bearish break of structure (BOS) and RSI moving below 50. Target: Aim for the 0.5 Fibonacci level (2,615.87 USD) or lower, with potential for additional targets at the 0.382 and 0.618 levels. Stop Loss: Place a stop loss above the recent high or the 0.786 Fibonacci level to minimize risk. Conclusion This analysis combines price action techniques with technical indicators to generate a buy and sell strategy for the XAU/USD pair. By using key levels, volume, RSI, and MACD, traders can make informed decisions and manage their risk effectively. Follow @Alexgoldhunter for more strategic ideas and minds
https://www.tradingview.com/x/SqYF5Zu7/ FED rate decision and FOMC made Gold very bearish yesterday. The price violated a support line of a wide horizontal range on a daily. Its breakout signifies a strong bearish pressure. It opens a potential for more price depreciation. Next support - 2563 ❤️Please, support my work with like, thank you!❤️
? Pepe Unchained ( GETTEX:PEPU ) Price Analysis & Trade Setup ? The GETTEX:PEPU chart shows a clear upward channel, signaling bullish momentum with key support, accumulation zones, and potential breakout targets: ? Key Levels to Watch: Support Zone (0.01850 - 0.01900 USDT) This area has held strong as buyers consistently step in to defend it. If this level holds, it could act as a launchpad for further upward movement. Accumulation Zone (0.01920 - 0.02000 USDT) Current price action suggests buyers are consolidating positions in this range. A breakout from here will likely trigger the next leg up. First Target Zone (0.02200 USDT) Upon breaking out of the accumulation zone, this is the first key resistance level. Taking partial profit here is recommended, as shown in the chart. Moonbag Setup (Beyond 0.02700 USDT) If momentum continues, we could see an extended rally toward the upper trendline of the channel. Holding some tokens for this possibility may yield significant returns. ? Supporting Rumors & Fundamentals: Speculated Binance Listing GETTEX:PEPU has been rumored to potentially list on Binance, which could cause a major rally. The recent appearance in Binance Alpha supports this speculation. Growing Community With a rapidly expanding holder base and active social media presence, GETTEX:PEPU is attracting strong retail interest. Bullish Market Conditions Recent surges in meme coins suggest favorable conditions for further gains. ? Trade Strategy: Entry: 0.01850 - 0.01940 USDT (Support & Accumulation Zone). First Target: 0.02200 USDT (Take profit partially). Final Target: 0.02700+ USDT (Hold moonbag for breakout). Stop Loss: Below 0.01800 USDT (Exit if support fails).
Double bottom in BPCL and volume divergence plus money influx. Reasons to buy BPCL
DEEP is a decentralized central limit order book (CLOB) built on Sui. DeepBook leverages Sui's parallel execution and low transaction fees to bring a highly performant, low-latency exchange on chain. SUI it is a Solana Killer, is that true? I dont know ;-) but if we see the growth of this two coin we expect more gains ahead. DEEP indeed has experience no run up in price nor a real market evaluation. A great bullish accumulation is occurring, and it is already broke up, from 0,1$ which can lead this price to surge together with all the SUI ecosystem. We have some targets on but one of the major is around 1.7$ which is 17 times the todays price. not bad ah? ;-) Lets see What do you think? good trading!!