NYMEX:MCL1! '2025 For a Gr8ter Reward, we must go to the Valley to CONQUER.' -500KTrey Here on OIL we have been caught in the Range from low $66.25 to high $72.75 and EQ Level $69.50. As we can see clearly to the left that the Daily Demand Zone has held from late Sept til now however sellers are very heavily present @ $70.00 Per Barrel N Higher making it Premium Pricing to Sell... However Could we get a break N a 1Hr Candle closure above EQ Level $69.50 and possibly above MKL $70.00 Per Barrel? if so I may be interested in GOING LONG from a LTF Entry Confirmation, if we get the break above EQ Level on the 1Hr TF N making my target the 4Hr HIGH $71.50... remember nothing in the market is set in STONE we play the long term game of probability... Our Profession is to manage the downside costs of printing HIGHSIDE Returns of $$$ consistently... Lets focus on risking the Highest Probable Set-Ups during NY ONLY!!! #BHM500K https://www.tradingview.com/x/jV2B72Fu/ https://www.tradingview.com/x/XNJEdiNw/ https://www.tradingview.com/x/KuMUDcuc/
Based on technical factors there is a Buy position in : ? ZROUSDT ? Buy Now ?Stop loss 4.850 ?Target 1 6.000 ?Target 2 6.950 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
Tp1 reached successfully. Good luck dear traders... After correction will reaching tp2
my entry on this trade idea is taken from a point of interest below an inducement (X).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as I anticipate.. just a trade idea, not financial advise Entry; $2.019 Take Profit; $2.172 Stop Loss; $1.970
BHEL Stock Analysis Entry Zone : ₹218–₹229 (Ideal buying range). Targets : First Target : ₹300–₹308. Final Target : ₹350–₹368. Stop Loss : ₹194 (Below the extended retracement zone). Analysis Highlights: The stock is in a corrective phase but shows potential for a strong rebound from key support zones. Short-term resistance at ₹255–₹260. Breakout above this could lead to a rally. Action Plan : Accumulate in the buy zone for swing trading with controlled risk and solid upside potential. Deeper and Educational Insights Elliott Wave Theory Application : The stock is completing corrective Wave 4-wave pattern . This is followed by a impulsive Wave 3 , typically retracing a portion of the prior rally. https://www.tradingview.com/x/3biYP0Dh/ The retracement aligns with Fibonacci levels , highlighting ₹218–₹229 as a high-probability buy zone . Key Levels to Watch : Support Zones : ₹218–₹229: This is the primary retracement buy zone for a favorable risk/reward ratio. ₹152: The final support at the lower band of the correction zone on the weekly chart. Resistance and Target Zones : ₹255–₹260: First resistance and liquidity zone. Expect price to pause or consolidate here. ₹300–₹308: First target zone, where partial profit booking is advisable. ₹350–₹368: Final target zone, marking a fresh high. Risk Management : Stop Loss : Place below ₹194 to limit downside risk. This aligns with the deep retracement zone and protects capital in case of extended corrections. Entry Strategy : Use staggered buying within ₹218–₹229. This method helps reduce risk exposure in case of volatility. Market Psychology : The current corrective phase represents profit-taking and demand generation . Once buyers regain momentum, the stock is likely to test higher resistance zones. Why This Setup Works : The retracement zone reflects institutional demand , and historical price action suggests strong support levels in this area. The alignment with Fibonacci levels and Elliott Wave theory increases the probability of a successful trade. Key Takeaways for Learning: Always identify buy zones based on technical indicators like Fibonacci and chart patterns. Use stop-loss orders to limit downside risk and protect capital. Monitor resistance levels for partial exits and re-entry opportunities. Conclusion : This setup is a textbook example of combining Elliott Wave Theory with Fibonacci retracement. Traders can use this to plan entries, exits, and manage risks effectively. It’s a bullish scenario with clear targets and defined risk limits.
https://www.tradingview.com/x/u3QzgBsL/ Here is my latest structure analysis and important support and resistance levels for EURUSD for next week. Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Overview: GOATUSDT is displaying a fascinating structure with a potential setup that hinges on the 7-SMA, marked TPO levels, and the Fibonacci retracement zone. The current market price (CMP) at $0.7910 situates it in a pivotal zone, with decisions influenced by the dynamics between the overhead 7-SMA and the lower Fibonacci level at $0.7742. Let’s break this down with potential scenarios, targets, and ideal entry zones. Key Observations: 1. TPO Levels: • Resistance: $0.8289 (marked TPO level, overhead). • Support: $0.7473 (lower TPO level, potential demand zone). 2. 7-SMA Resistance: • The CMP is flirting with the 7-SMA, which acts as a dynamic resistance. The reaction at this level will determine the short-term direction. 3. Fibonacci Support: • The yellow line represents the 0.5 Fibonacci level ($0.7742), a critical support zone that aligns with potential liquidity. 4. Range Movement: • A sideways movement within the marked rectangle is likely if the price consolidates between $0.8289 and $0.7742, indicating indecision. Scenarios: Scenario 1: Rejection at 7-SMA • Action: Price touches the 7-SMA and rejects, falling to the Fibonacci level $0.7742. • Entry: Enter shorts near $0.7950-$0.8000 (around SMA resistance). • Targets: 1. First Target: $0.7742 (Fibonacci level). 2. Second Target: $0.7473 (TPO support zone). • Stop Loss: Above $0.8050 (above SMA and invalidation point). Scenario 2: Sideways Consolidation • Action: The price moves sideways in the marked rectangle, bouncing between $0.7742 and $0.8289. • Entry: • Buy: Near $0.7742 (Fibonacci and demand zone). • Sell: Near $0.8289 (TPO resistance). • Targets: 1. For Buy Entry: $0.7950 (mid-level retracement) and $0.8289. 2. For Short Entry: $0.7742 and $0.7473. Scenario 3: Breakout and Rally • Action: If the price breaks the 7-SMA convincingly, it could target $0.8289. • Entry: Enter on confirmation of a breakout above $0.8000. • Targets: 1. First Target: $0.8289 (upper TPO resistance). 2. Second Target: $0.8500 (potential next zone of liquidity). • Stop Loss: Below $0.7900 (invalidating the breakout). Key Levels for Entries: • Short Entry: $0.7950-$0.8000 (rejection zone near 7-SMA). • Buy Entry: $0.7742 (Fibonacci and liquidity zone). • Breakout Buy: Above $0.8000 (confirming strength).
USDT.D closing a monthly candle at 3,95% shows that Bitcoin could go to higher prices, broking an ascending broadening wedge that is forming since 2017 and could lead the dominance to reach the all time history point of control with confluence of 0,786% fibonacci between 2,56% and 2%. If the dominance reach theses levels it will probably be at the same time as bitcoin would be forming the cycle top.
PETRONET has formed a classic Cup and Handle pattern on the hourly chart, signaling a potential bullish breakout. Pattern Breakdown: Cup Formation: A smooth rounding bottom from ₹310 to ₹337, indicating strong accumulation. Handle Formation: A slight retracement near ₹330, forming a consolidation zone before the breakout. Indicators: RSI: Currently above 70, showing bullish momentum. Volume: Increased significantly, confirming buying pressure. Key Levels: Breakout Level: ₹337 The price has broken above this resistance, confirming the breakout. Targets: Target 1: ₹350 Target 2: ₹360 Stop-Loss: Below ₹330 (handle low). ? Disclaimer: This is for educational purposes and not financial advice. Please perform your due diligence before entering any trade.
https://www.tradingview.com/x/EFJztLWd/ Here is my latest structure analysis for Gold for next week. Resistance 1: 2716 - 2733 area Resistance 2: 2786 - 2790 area Support 1: 2605 - 2625 area Support 2: 2536 - 2560 area Support 3: 2524 - 2530 area Support 4: 2470 - 2485 area Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️