The daily candle closes below the major resistance. we'll enter short position on the retest of the resistance and target the next support as our target. This is no way a financial advice, pls manage your risk
Ripple (XRP) is currently trading within a clear downtrend, and we’re now seeing a corrective move that’s pushing price back toward a key zone around $2.10, which has acted as both support and resistance in the past. This area aligns closely with the descending trendline, making it a strong confluence zone to watch for a potential bearish reaction.
Sell limit 3264 3266 sl 3272 tp 3250.. Gold pull back 3248x
Orient Cement (Long): Despite the volatility in the broader and small cap indices this script has setup well for a significant up move by breaking the crucial supply area. OC present position also offers a trade with RR of more than 1:4. Note: Do your own due diligence before taking any action.
Hello drivers, I mean traders, LVN pothole ahead, drive(trade) accordingly. 5% drop expected based on VP For those not familiar with LVN ( Low Volume Nodes) in Volume Profile, is price region where prices tend to move rapidly for lack of resistance or support Interestingly if you look at the chart carefully, since June 2024 the prices have moved/gaped 7 times in this region, including the last weeks 10% move travelled this region. Funny, as if prices are jumping the pothole each time it comes across
Another potential pair to consider buying from a key support level is ?GBPCHF. Following a test of an important daily structure, the price has formed a cup and handle pattern. A bullish breakout of the neckline serves as a strong confirmation of an upward trend. It is likely that the pair will continue to rise and reach the 1.1000 level in the near future.
Hey Traders, in today's trading session we are monitoring Solana for a selling opportunity around 140 zone, SOLUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 140 support and resistance area. Trade safe, Joe.
Following a strong bullish move, EURUSD is now entering a premium zone where I expect sell-side pressure to start building up. Similar to my GBPUSD analysis, this setup is based on liquidity collection and a potential change of character (CHOCH) before bearish continuation. ? Key Technical Observations: Price is currently reacting within a FVG zone, suggesting a temporary bullish push might grab liquidity before reversal. I'm closely watching for CHOCH confirmation, followed by impulsive bearish momentum toward demand zones. Targets are aligned with structure levels and imbalance zones between 1.1080 and 1.0780. ?️ Strategy Note: Patience is key here. I'll wait for signs of exhaustion or manipulation above the highs before engaging in any short bias. This idea continues to follow my model of trend exhaustion, liquidity sweeps, FVG reaction, and CHOCH validation. — Emerson Massawe
Yello, Paradisers! #CHR is showing upside probability, but this is just a setup before the next brutal leg down? Here’s why the current move by #Chromia could be the calm before the storm: ?#CHRUSDT is trading around $0.0819, and on the 4H chart, the price is developing within a potential Leading Diagonal Formation. But here's the catch: for the diagonal to be valid, Wave 5 must exceed Wave 3, which hasn’t happened yet. So, the structure remains incomplete and vulnerable. ?As of now, the 5th wave is still in play, but momentum is fading fast. A Bearish Divergence on the MACD histogram is flashing early warnings. If it intensifies, it could drag #CHRUSD down before Wave 5 completes, leading to a premature breakdown and invalidation of the pattern. ?The resistance zone between $0.089-$0.97 remains key. A break and sustained hold above this level would invalidate the bearish scenario, potentially triggering a short squeeze up toward $0.1000+. But unless that happens, bears are still in control of the structure. ?On the downside, a confirmed breakdown below the $0.0740 support will signal the failure of the diagonal and likely accelerate the drop toward the next major support at $0.0610, where we anticipate the next Swing Low. A valid bearish breakout below needs to be backed by increasing selling pressure and market weakness. Play it safe, respect the structure, and let the market come to you! MyCryptoParadise iFeel the success?
???Important Video ??? MartyBoots here , I have been trading for 17 years and sharing my thoughts on ETH here. . Is COINBASE:ETHUSD DEAD? Very interesting chart but Tariffs could do more damage Important Video Watch video for more details