Hi everyone, let's look at the 4H SOL to USD chart, in this situation we can see how the price broke out from the local uptrend line at the bottom. Let's start by defining the targets for the near future that the price has to face: T1 = 131 USD T2 = 136 USD Т3 = 145 USD Т4 = 151 USD Now let's move on to the stop-loss in case the market continues to fall: SL1 = 122 USD SL2 = 115 USD SL3 = 107 USD If we look at the RSI indicator we can see how the indicator has dynamically gone up despite the price not moving much, but here we can see that there is still room for a potential attempt to grow.
https://www.tradingview.com/x/uqq67WCB/ ✅GBP_NZD made a retest Of the key horizontal level of 2.2600 Which is now a support after a powerful Breakout so we are bullish biased And we will be expecting a further Bullish move up LONG? ✅Like and subscribe to never miss a new idea!✅ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Hey traders! Today we’re diving into a high-probability setup on the JPY/GBP pair with up to 22% upside on the monthly chart. I’ll cover the technicals, fundamentals, and exactly how to trade it. ? Chart pattern Looking at the chart, we’ve got a textbook falling channel stretching back from mid-2020. This descending structure has been consistent, but right now, we’re testing the upper boundary - and that could signal a trend reversal is coming. Momentum indicators back it up too. The RSI is rising off oversold levels, sitting around 41. And check out the MACD: bearish momentum is fading. Classic setup for a bullish breakout. ? Trade setup Wait for a monthly close above the upper channel , ideally between 0.00530 to 0.00535. That’s your breakout confirmation. You can place a buy stop just above the breakout zone. Set your stop-loss below the recent swing low - about 0.00490 - to protect against false moves. Now for the profit targets : * First target: 0.00580, that’s 12% above current levels. * Second target: 0.00630, that's 22% upside potential. That gives you a potential risk-reward ratio of up to 1:4 - solid. ? Fundamentals On the macro side, this setup makes even more sense. Japan is finally stepping away from ultra-loose monetary policy, possibly hiking rates. Meanwhile, the UK looks set to pause or even cut rates in 2025. That shift could give the Yen the edge over the Pound, driving this move higher. ?️ Now, smash that like button if you found this helpful, and subscribe for more trade ideas.
Gold (XAU/USD) remains in a strong bullish trend, with last week's price action reinforcing upward momentum. The break and close above the 3050 resistance level suggest further upside potential. Any retracement could serve as a buying opportunity, especially if supported by bullish confirmation signals. Key levels to watch include the 3050 zone as new support and potential resistance around 3100. Are you considering a long entry on a pullback, or waiting for further confirmation?
NASDAQ:PLTR https://www.tradingview.com/x/M1TJ9UKQ/ Based on my analysis, we are one day away from the close of the October quarterly candle, it is clear that it will close in the form of a Topping tail. In the last three months we have witnessed heavy manipulation in this stock to accumulate as much optimism in this stock as possible. With such a Long top wicked candle, usually the distribution candle which will open on the 1st of April, has an aggressive push to the opposite side of the range. The lower end of the range is $36.05 and the mid point is $60.42. $60.42 is partials on profits and full profits can be taken at the Target low of $36.05. I have already started to accumulate Longs on puts at $50 strike at a pretty good price($0.03-$0.05), end of April expiry, when this established its latest intermediate high at around $99.00. I will continue to accumulate puts as well as date stagger them between 20-60 day ranges. This is to accumulate cash on the incoming projected down period in markets. This company is one of the glaring few that presents good vertical price movement due to incredibly high valuations. None of this is trading advice, however, trade how you see fit.
Hi guys, Today we are analyzing AAVE in the Daily time frame, as marked on the chart, we have an important daily support level at $156, also we have A 16% accumulation area for buyers. Also, as marked on the chart, we have a downtrend channel and a key turning level at the price of $195, which is a perfect entry for long positions and spot purchasing.
Dear ones, let's first spread our Thoughts by the Pound, as there is excellent potential here for the average. I immediately marked the Area where I'm going to make Purchases and the Potential itself, everything is on the screen.
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Conservative Entry Set Up: 1. Mitigate Swing Low 2. Sweep Liquidity just below swing low 3. Break of Structure/Market Shift 4. Short pull back to 1/5/15min D.Z. for conservative entry See Friday's Aggressive entry set up on chart.
Because whether they'll return or continue It's unclear.It's fifty fifty the price to break the border or not after we individualized the range.Hello traders;Here I am watching what condition CADJPY is at.OK,after a floating ascension the price has reached a range zone ina.I would not like to trade or get signals in the range zones;So we are waiting to just break.If the price manages to break the support, we will enter the selling phase.As easy as that! >;