Trade Bias: Bearish The price action is forming lower highs and lower lows, indicating a downtrend. There is a recent rejection from the 190.000 - 190.500 resistance zone. Entry Price: 189.500 (Sell entry after a potential pullback to this resistance level) Stop Loss: 190.200 (Above recent highs and resistance, allowing for some volatility) Take Profit Levels: Primary TP: 188.200 (Previous support zone) Extended TP: 187.500 (Next major support if bearish momentum continues) Risk-to-Reward Ratio: 1:2.5 (Risking ~70 pips for a potential 175 pips gain) Trade Rationale: Trend Continuation: The market is respecting a bearish structure. Resistance Confirmation: 189.500 is a key level where sellers previously took control. Confluence Factors: Lower highs, recent rejection, and potential for further downside if price fails to break above resistance. https://www.tradingview.com/x/HiDlaOl9/
The recent crash has everyone running for the hills. People forget Bitcoin is not up everyday and it also doesn't stay down forever. With the amount of selling, it is time for a bounce in the upcoming week or two. At that time, we need to see if the bounce happens in 3 waves or 5. If we see a 3 waves move, then the selling will most likely get more intense. For an intermediate degree wave 2, price needs to correct everything since Nov 2022 low at 15.6k. That is a massive distance to cover. Just minimum .764 retrace will take the price down to below 70 k and .618 retrace will take it at 50 k. At this price level, I am still not calling wave 2. Even it looks quite deep and steep for wave 4, it is not unheard of. So, until 73 k breaks, i am keeping my count, but the top target will come down between 118k - 136k. Let's see how things progress in the next few weeks.
After breaking below a key support, the bearish wave was no longer merely a corrective move relative to previous swings. We witnessed a violent expansion of volatility that acted as a feedback loop, forcing widespread capitulation. https://www.tradingview.com/x/1QFHfAbf/ During the downtrend, price did experience brief corrective cooldowns when it was landing to certain points, but these were short-lived before the broader bearish momentum resumed its dominant trajectory. Since historic support often turns into resistance, this inspired the idea of using Pine Script Pivot Points to define key swing structures: “LL” (Lower Low), “HL” (Higher Low), “HH” (Higher High), and “LH” (Lower High). https://www.tradingview.com/x/o5jmK9Wb/ RESEARCH For example, to define a Lower Low (LL), I set it to continuously identify new LLs whenever a Pivot Low breaks below the previously established Low (LL = pL < pL ). Rather than displaying support lines only at their local scope, I extended all of them to the right to be able to track how market reactions. https://www.tradingview.com/x/xDZiiFb1/ To avoid any confusion, I made top labels size auto so they don't appear big, while chart is squeed. Also I color-coded LL lines based on a simple rule: color = Close > LL ? color.green : color.red The closing price must remain above each level individually for the line to turn green; otherwise, it stays red.
Trade Setup Trade Bias: Bearish (Price is making lower highs and lower lows, with recent rejection from a resistance zone.) Entry Price: 1.0380 (After a minor pullback to previous support turned resistance.) Stop Loss: 1.0430 (Above the recent swing high and key resistance.) Take Profit Levels: TP1: 1.0320 (Previous support zone.) TP2: 1.0275 (Extended target near the next major support.) Risk-to-Reward Ratio: 1:2+ (Depending on execution, targeting at least twice the risk.) Trade Rationale: Price action shows a bearish structure with lower highs and lower lows. The market recently rejected a key resistance zone. A pullback to 1.0380 could provide an optimal short entry before continuation downward. Bearish momentum aligns with the overall trend, increasing the probability of further downside. https://www.tradingview.com/x/yOnklWu8//
BTCUSDT | 1 HOUR TIMEFRAME UPDATE It's Sunday, and trading on weekends carries higher risk. However, I’ll share my outlook on BTC, which you can also consider for the upcoming week. Right now, I'm bullish on #BTC and looking for confirmation to enter a LONG position within the $84,759 – $83,500 range. Target levels: $87,000 – $89,000 – $90,100 Invalidation: Below $78,100
Die übergeordnete Supercycle-Welle in Silber hat ihren 5-Wellen-Impuls abgeschlossen, was nun eine größere Korrekturphase einleitet. Die ersten beiden Korrekturwellen (A und B) sind bereits abgeschlossen – jetzt steht die Entwicklung von Welle C im Fokus. Relevante Korrekturlevel (Retracements des gesamten Impulses): ? 38.2 % – 29,142 ? 50 % – 27,276 ? 55.9 % – 26,492 ? 61.8 % – 25,609 Potenzielle Ziele für Welle C: ? 100 % Extension: 27,262 ? 161.8 % Extension: 23,480 Das wahrscheinlichste Szenario ist eine Korrektur bis zum 100 %-Ziel (27,262), da es sich in unmittelbarer Nähe des 50 %-Retracements (27,276) befindet. Zusätzlich liegt an diesem Bereich der VWAP der gesamten Aufwärtsbewegung (27,324), was die Relevanz dieses Preisniveaus weiter erhöht. Sollte Welle C hier enden, könnte eine neue impulsive Aufwärtsstruktur beginnen. Andernfalls könnte sich eine tiefere Korrektur in Richtung 23,480 (161.8 % Extension) entwickeln. ? Hinweis: Diese Analyse basiert auf der Elliott-Wellen-Theorie und dient ausschließlich zu Informationszwecken. Kein Finanzrat – bitte immer ein passendes Risikomanagement anwenden! ✅
### **? USDCHF Trade Idea - Bullish Bias** **? Market Outlook:** I am considering **USDCHF bullish** based on the following confluences: ✅ **Bullish Monthly Outlook:** The pair is showing strong bullish potential, aligning with **monthly IRL (Initial Range Low)** to **ERL (External Range Liquidity)**. ? ✅ **Bullish Trend Continuation:** Price action suggests a continuation of the **bullish trend**, with solid momentum. ? ✅ **Break of Structure (BOS):** Recent breaks above significant resistance levels signal the possibility of further upside. ? ✅ **SMC Confirmation:** Price action aligns with **Smart Money Concepts**, indicating potential institutional participation. ?? ### **? Trade Plan:** ? **Entry:** Look for pullbacks or minor retracements into **buy zones** (IRL to ERL) for optimal entries. ⏳ ? **Stop Loss:** Below the recent **swing low** or invalidation level. ? ? **Take Profit:** Target the **next external liquidity zone** (ERL) as the ultimate take profit area. ?? ? **Confluence:** Look for **bullish order flow** and additional confirmation on **lower timeframes (LTF)** before executing. ? Let me know if you'd like more analysis or a chart to visualize the idea! ?
NASDAQ:AAPL - stock held $240 trend line support the end of the day. Stock strong in a downtrend market. Stock has top of the trend-line at $255. Swing calls added in the group. Looking for $250 plus as long as $240 holds
Euro ist im 4 Short, und im Monthly ein Short Signal, was dazu führen kann, dass wir in den nächsten Monaten Richtung 1.00 laufen.
We can see a Fair Value Gap in the weekly which was filled with the wick at the last swing low and now we can expect the market to take up this liquidity and go into the marked zone