? ? ? Asset: AAON Inc. (AAON) ? Timeframe: 30-Min Chart ? Setup Type: Bearish Breakdown Trade ? Trade Plan (Short Position) ✅ Entry Zone: Below $79.84 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above $87.35 (Invalidation Level) ? Take Profit Targets: ? TP1: $73.33 (First Support Level) ? TP2: $64.83 (Extended Bearish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $87.35 - $79.84 = $7.51 risk per unit ? Reward to TP1: $79.84 - $73.33 = $6.51 (1:0.87 R/R) ? Reward to TP2: $79.84 - $64.83 = $15.01 (1:2.00 R/R) ? Favorable Risk-Reward Setup – Aiming for a 1:2.00 R/R at TP2. ? Technical Analysis & Strategy ? Bearish Rising Wedge Breakdown – Price has broken below an ascending support line. ? Weak Buying Pressure – Struggling to hold above $79.84, signaling seller dominance. ? Volume Confirmation Needed – Increased selling pressure below $79.84 will confirm the downside move. ? Momentum Shift Expected – Breakdown below $79.84 can push price to $73.33, then $64.83. ? Key Resistance & Support Levels ? $87.35 – Stop-Loss / Resistance Level ? $79.84 – Breakdown Level / Short Entry ⚪ $73.33 – First Target / TP1 ? $64.83 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation – Ensure strong selling pressure below $79.84 before entering. ? Trailing Stop Strategy – Move SL to breakeven ($79.84) after hitting TP1 ($73.33). ? Partial Profit Booking Strategy: ✔ Take 50% profits at $73.33, let the rest run to $64.83. ✔ Adjust SL to breakeven ($79.84) after TP1 is hit. ⚠️ Fake Breakdown Risk: ❌ If price moves back above $79.84, exit early to limit losses. ❌ Wait for a strong bearish candle close before entering aggressively. ? Final Thoughts ✔ Bearish Setup – Breakdown signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:2.00 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Engagement: #AAON ? #StockTrading ? #TradingNews ? #MarketUpdate ? #Investing ? #ShortTrade ? #Stocks ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bearish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakdown ?
After breaking down the descending trendline XAU hits 2600$ in future.
Based on - Cycle analysis and quantitative data - Strong Demand Zone - Undervalued Conditions
There is a downward descending channel with a potential double bottom forming inside if we can get a breakout of the channel and of the resistance we might have some bullish activity hopefully to the 50 EMA; however, the current sentiment on the chart is bearish and if we have bearish break out bears are in control. Please see chart for more clarity.
The current price of **XAU/USD (Gold)** is **$2,885**. This level is near a significant support zone, which could influence future price movements. https://www.tradingview.com/x/hpyccEw1/ **Key Levels to Watch:** - **Support:** - **$2,878**: A deeper pullback could test this level. - **Resistance:** - **$2,8950**: If gold rebounds, this is the first level to break. **Potential Scenarios:** - **Bullish Case:** If gold holds **$2,885** and rebounds, a move back to the **$2,900–$2,912** range is possible. - **Bearish Case:** A breakdown below **$2,885** could push gold toward **$2,878** or lower. **Trading Tip:** Secure profits if selling from higher levels. If buying, wait for confirmation above **$2,885** with tight risk management.
This chart speaks for itself: A bullish White Swan pattern has formed on the ELON USD chart, which is very bullish. This is not a financial advice. DYOR
?? ? Asset: ACI Worldwide (ACIW) ? Timeframe: 30-Min Chart ? Setup Type: Bearish Breakdown Trade ? Trade Plan (Short Position) ✅ Entry Zone: Below $51.72 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above $53.09 (Invalidation Level) ? Take Profit Targets: ? TP1: $50.46 (First Support Level) ? TP2: $49.10 (Extended Bearish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $53.09 - $51.72 = $1.37 risk per unit ? Reward to TP1: $51.72 - $50.46 = $1.26 (1:0.92 R/R) ? Reward to TP2: $51.72 - $49.10 = $2.62 (1:1.91 R/R) ? Good Risk-Reward Setup – Aiming for a 1:1.91 R/R at TP2. ? Technical Analysis & Strategy ? Bearish Descending Trendline Rejection – Price was rejected at the descending trendline. ? Weak Buying Pressure – Struggling to break out above resistance. ? Volume Confirmation Needed – A strong selling volume below $51.72 will confirm the short setup. ? Momentum Shift Expected – Breakdown below $51.72 can push price to $50.46, then $49.10. ? Key Resistance & Support Levels ? $53.09 – Stop-Loss / Resistance Level ? $51.72 – Breakdown Level / Short Entry ⚪ $50.46 – First Target / TP1 ? $49.10 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation – Ensure strong selling pressure below $51.72 before entering. ? Trailing Stop Strategy – Move SL to breakeven ($51.72) after hitting TP1 ($50.46). ? Partial Profit Booking Strategy: ✔ Take 50% profits at $50.46, let the rest run to $49.10. ✔ Adjust SL to breakeven ($51.72) after TP1 is hit. ⚠️ Fake Breakdown Risk: ❌ If price moves back above $51.72, exit early to limit losses. ❌ Wait for a strong bearish candle close before entering aggressively. ? Final Thoughts ✔ Bearish Setup – Breakdown signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.91 R/R to TP2. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Engagement: #ACIW ? #StockTrading ? #TradingNews ? #MarketUpdate ? #Investing ? #ShortTrade ? #Stocks ? #ProfittoPath ? #SwingTrading ? #DayTrading ⚡ #TechnicalAnalysis ? #StockSignals ? #FinancialFreedom ? #MarketTrends ? #StockAlerts ? #TradeSmart ? #Bearish ? #RiskManagement ⚠️ #TradingCommunity ? #SmartTrading ? #MarketAnalysis ? #TrendBreakdown ?
Good Evening and I hope you are well. comment: Strongest bear bar after a 11 bar bear micro channel on the daily chart, that broke below the big bull trend line. I will never see this as even more bearish. Much more likely is that we are very close to an intermediate bottom and squeeze shorts big time. Only looking to long this. After a decent bounce we can talk lower targets again. current market cycle: trading range - only daily closes below 20000 mark the end of this bull trend key levels: 19000 - 21000 bull case: Bulls have to trap bears here or we will go for 19000 or even 18867 (2024-09 low) tomorrow. Bulls do not have many arguments until they produce better buying pressure. Every small rip is sold and market stayed below the 15m 20ema the whole day after it broke below it early in EU session. Bulls must claim 19600 for further upside and next would be weekly open at 19668. If bulls get above 19700, I think most bears will give up and wait for 20000 and either of the bear trend lines to be hit before shorting again. Invalidation is below 19250. bear case: Below 19250 we most likely go for 19000 or even 19668. Bears are still in full control but the selling is so overdone and climactic and any bigger bounce will likely do for this to completely melt much higher before bears join again. What are the odds of bears just falling through the multi-year bull trend line and keep going? Very. Very. Low. Not impossible but certainly nothing I would bet money on. For now it’s likely best to wait an see if bulls get make higher highs. If I had to guess I’d say we could have seen the lows today but it’s pure guesswork. Shorts make no sense down here and I will only look for longs for at least 19800. Invalidation is above 20200. short term: Can only be neutral for now. Having a bullish bias but bulls are not doing enough for now. I wait. 20k is my first target. medium-long term - Update from 2024-02-23: Neutral since we are in a 4-5 month trading range. Still leaning heavily bearish for this year but for now it’s sideways until we get consecutive daily closes below 20000. trade of the day: Shorts once market broke below 20000 and failed to get above it again.
The CME Gap from back in November has been filled finally. How much lower will Bitcoin be going now? My guess would be that we'll be having at least one Big dip to flush out all the leverage longs and bring panic to all the newbies before we can start going back up.
we can wait for it. right now BTC is in the best area for long positions, I know you are scared but please wait. I believe BTC in the worth conditions can touch 72k but it cannot see below 70k for this cycle, for 80 percent I think in the summer we can see a new high for BTC gook luck my folks