We came to the conclusion that if the HL was rejected, we good look, at least for the time being we could look for a Long setup after checking the Hourly 'Real' market structure
Short entry between 2650-2670 Profit Taking zones are 2630-2600-2575 Max risk 5% of equity with averaging strategy in zone of 2650-2670 Bearish Head and Shoulder Pattern indicates more deep fall in Gold towards $2630-$2600-$2575 My chart analysis on gold futures contract Neck Line is retesting again and again which will be attraction for buyers but be cautious. Head and Shoulders Top (Bearish Reversal) This pattern occurs after an uptrend and signals that the price is likely to reverse and head downward. It consists of three main peaks: Structure Left Shoulder: The price rises to a peak and then declines. Head: The price rises again to a higher peak (the "head") and then declines. Right Shoulder: The price rises to a lower peak, roughly equal to the Left Shoulder, and then falls back down. Neckline: The line connecting the lows between the shoulders and the head. It acts as support. A break below the neckline confirms the pattern. Steps to Identify Uptrend before the formation. Three peaks: Left Shoulder, Head, and Right Shoulder. The neckline acts as the key support level. When the price breaks the neckline downward, it signals a bearish reversal. How Traders Use It Once the neckline is broken, traders expect the price to fall further. The expected drop is calculated as: Distance from the Head to the Neckline = Expected move downward.
#APE/USDT Technical Analysis ? $APE/USDT is forming a consolidation zone with a potential breakout above resistance. The price currently trades at $1.594, with strong targets at: $1.911 (initial resistance) $2.169 (secondary target) $2.458 (final target). A break above the consolidation zone indicates a bullish move, with stop-loss at $1.361 to manage risk effectively. The current setup offers a favorable risk-to-reward ratio, positioning for a 62.57% upside potential upon breakout confirmation. ?
XRP - hit TP. Where to take new trades? Long we can take in 2 cases 1st - pullback to POC 2.4 2nd - new range and VAL as our entry Shorts only after NEW high
CRYPTOCAP:SUI / USDT Technical Analysis ? #SUI / USDT is trading within an upward ascending channel, maintaining its bullish structure. Key targets for this rally are : $5.7110: Initial target based on channel midpoint. $6.8002: Secondary resistance aligning with Fibonacci projections. $7.7398: Final target at the upper channel boundary, signaling a 73.48% upside. The current price of $4.7905 indicates continuation potential, with a stop-loss recommendation below $3.8959 to manage risk effectively. A break and hold above the current resistance zone could trigger further bullish momentum toward the outlined targets. ?
On the 12 months chart, price shows an impulsive bearish move that took 6 years to complete. In tandem with price action, the bullish correction that is currently active has taken 14 years. Price is yet to contact a fresh long-term supply sitting at 1.544. On the monthly and weekly charts, the structure is still the same. Price is seeking to contact a short term fresh supply at 1.44. Once this region is contacted, we are likely to see bearish order flow setting in
- Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has rise back to Daily FVG area. Price has touched H$ FVG area. 3. Position: Entry: 1.2685 Stop Loss : 1.2725 Take Profit: 1.2500 (fibo 161.8 & previous low) RRR : 1:4.6 ------------- 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.
Bitcoin ( CRYPTOCAP:BTC ) Analysis ? Current Price: $108,072 Trend: Bullish within a rising channel. Target: $121,290.62 if upward momentum continues. Support: $105,657. A break below could slow the uptrend. Resistance: $108,500 - $110,000, with potential breakout toward the next target. Recommendation: Monitor for continuation above $110K for a strong bullish move to $121K. Risk is low if support holds. ?
BTC Notice that since the whipsawing and liquidity sweeping 3 wave correction, Bitcoin is bending up and away from the ascending demand trendline. As we looked at and expected; the Morning Star was was the foot of this next wave up: https://www.tradingview.com/x/1E8tGoAW/ And it would appear those two events link a high time frame correction into the next high time frame wave up. BTC is close to hitting $108K as I write this. Up and up from here I think ?. Not advice
Corrective wave 2 is in the path of wave c. At the same time, it is pulling back to the long-term descending trade line. The yellow box is the return zone and the beginning of wave 3. With the beginning of wave 3, the targets are updated.