SOL Is Getting Ready for Another Bullish Wave SOL looks like it has completed an ugly bullish channel pattern. It has performed well so far, and considering SOL has been strong for a long time, I believe it can bounce again. If the price breaks through the pattern, the bullish wave will begin as shown in the chart. Targets: ? 233.50 ? 241.80 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Greetings Traders this is my analysis for EURUSD . From the last chart that had a solid growth we can see that the price is managing itself for a future Uptrend Movement. I think the price will start a growth to it might reach our potential target for a Uptrend and for a Buy Position Traders make your own analysis before trading. Please leave a Like,Comment and Follow! Thank you!
Technical analysis: The former Support of #2,652.80 (Xau-Usd Spot) has turned into a Resistance in a symmetrical manner as it has done on December #5 fractal, as Gold is eyeing even Lower level. The Resistance zone is at #2,648.80 - #2,652.80 on Hourly 4 chart however looking at the wider time-frame of Daily chart’s Descending Channel and the Higher High’s former trendline, I am expecting a decline around #2,627.80 if #2,640.80 pressure point preserves the downtrend. After that it is anybody's guess but Technically, Gold should see a similar pullback to November #25 Low's again in extension, way below #2,652.80 psychological benchmark (Medium-term decline). However, no changes on the Daily perspective as the Price-action remains Neutral above the Hourly 4 chart’s Support for the session and below the Short-term Resistance, as DX paused the downtrend. #2,652.80 - #2,662.80 should represent ultimate Top for the fractal since Gold already negated (#60%) of gains delivered on current Buying sequence, as Gold currently isolated within #2 Short-term benchmarks (typical Support and Resistance pricing). My aim is roughly #2,622.80 - #2,627.80 Support zone which can be correlated to the Technical Lower High's Upper zone within (will be then) invalidated Ascending Channel. As noted on my remarks, current configuration needs to be reviewed on with a Selling entry near Medium-term Selling accumulation zone which accounts for this week and the next Trading week. My position: Even though I have missed #2,648.80 Selling break-out, I have engaged Selling order with #2,643.80 entry point few moments ago / optimal Target remains #2,627.80 Support in extension. However since #2,642.80 could reverse the Price-action towards #2,648.80 Resistance (break of can restore Short-term uptrend), my Stop is already on breakeven. Since most Traders will Buy #2,642.80, I do believe Gold will extend the decline and trap many Buyers.
Potential Double Bottom Pattern appeared on HBAR USDT, Neckline and Volume profile node are at the same level could we have a red BTC.D and consolidating BTC ?
https://www.tradingview.com/x/KMOzSX12/ Hello, Friends! GOLD pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 2,662.621 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅
Risk takers can enter the trade instantly with SL around 7.23 Perfect entry is made around 14.36 being the breakout of Last HH, breaking that level will trigger the trajectory towards final projection of the ABCD pattern.
On Tuesday (December 17), the euro was trading around 1.0500 against the U.S. dollar in the European session. Fundamentally, the market entered December with a significantly narrowed volatility, and the market was trading light as Christmas approached. Waiting for the direction to be chosen after the Fed's interest rate decision this week. Before the U.S. dollar index breaks through the previous high, non-U.S. currencies will remain in a range. From a technical perspective, from the European and American daily level, the moving average turns downward, and the MACD rebounds weakly. The possibility of another downward test of the previous low is not ruled out. Waiting for the direction to be chosen after the stress test, from the 4-hour level, the short-term price is still running below the moving average, and there is a possibility of a second dead cross in the MACD. The intraday trend is mainly oscillating downward, with upper pressure around 1.0550 and lower support at 1.0450.
https://www.tradingview.com/x/tmN8O0NQ/ Hello, Friends! GBP/AUD pair is trading in a local downtrend which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.969 area. ✅LIKE AND COMMENT MY IDEAS✅
USD/JPY has resumed its uptrend, gaining over 500 pips in the past 10 days, with bulls firmly in control. This is confirmed by the Golden Cross, a strong buy signal. If USD/JPY breaks above 154.50, the pair could test the 156 zone. However, after such a significant rally, early buyers may soon take profits, leading to short-term pullbacks. Upward momentum has slowed since yesterday, so we plan to wait for a correction before entering buy trades. The area around 152.80 appears to be a potential support zone, as it aligns closely with the key 38% Fibonacci retracement level. Dip buyers who follow the ongoing uptrend could secure a favorable risk-to-reward ratio and potentially ride a rally of over 160 pips from this level.
Bullish breakout: Entry price 0.89578 Take Profit 0.89731 Stop Loss 0.89423