Price broke below ascending trendline support. Current price at $358.4, near short-term support. Potential recovery towards $411.7 if bounce occurs. https://www.tradingview.com/chart/TAOUSDT/q6zDyfnI-Minor-Reversal/
Expecting to see sellers resume control at 135-136 levels near term, to take price back to 118-120$ gap fill target for liquidity purposes. After that, looking for price advancement to 158-165 buy-side target levels for final high on weekly buy cycle.
?Technical Analysis: US 100 Index (15-Minute Chart) ▪️Key Observations: 1. Downtrend Continuation: - The US 100 Index is currently in a bearish trend, forming lower highs and lower lows. - The price is trading below key resistance zones, indicating further downside potential. 2.Supply Zones Identified: - Two significant supply zones are marked on the chart where selling pressure is expected. - The first supply zone is around 21,450 – 21,520. - The second, stronger supply zone is near 21,600 – 21,700, where a previous sell-off occurred. 3. Bearish Rejection Expected: - The price is likely to retest the lower supply zone before continuing downward. - A rejection from this zone could lead to further declines. 4. Target Area: - The projected target area is marked around 20,914, suggesting a possible continuation of the downtrend. - If the price breaks below this level, further downside momentum could follow. ▪️Conclusion: - The market structure remains bearish, and traders should watch for a potential rejection at the supply zone. - A confirmation of resistance could provide shorting opportunities toward the 20,914 target area. - However, a breakout above the supply zone could invalidate the bearish outlook. ▪️Trade Idea: Bearish Bias – Wait for confirmation at the supply zone before considering short positions. ?Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
We are looking Gold is Bullish in all trends .. But last few days Gold has face a great rejection at 2930-2950... Now I'm looking a rejection from here till 2860-2840 ... 2860-2840 is our first support, we check our confirmation then buy.. If first buying level is not confirmed any confirmation then we look more Downside ? Till Monthly IRL Monthly support is 2770-2730? We are taking this trade with confirmation For more detail and trade setup to join us https://t.me/STIFLER_TRADING10
Bitcoin continues to display bearish patterns, particularly on the 1-hour timeframe. We can anticipate a movement towards the 80,000 - 81,000 zone, making it a good moment to consider a short position with a tight stop-loss. This trade should materialize within 10 to 15 hours; otherwise, it will be deemed invalid. Stay updated and follow me to keep capitalizing on profitable opportunities!
Pretty simples we need to fill the gap. To the gap we gooooo.
Price looks like its going to sweep the lows. I mentioned this in my previous update. Being that it is the end of the month and coming up to end week we might not get the bullish play this week but if they move inside of the Weekly FVG then they have my attention.
US30 (Dow Jones Industrial Average) on the 1-hour timeframe with a potential bullish setup. Chart Analysis: • The price is currently around 43,415, trading within a support zone (highlighted in red). • A bullish scenario is suggested, where price is expected to bounce from support and move towards the next resistance level (marked with a blue arrow). • Key resistance levels are around 43,871, which could be the first target if the price starts moving up. • Price previously rejected a lower support area, indicating potential buying interest at this level. • The overall expectation appears to be a breakout above consolidation and a continuation towards higher levels. Would you like a deeper breakdown or specific trade idea?
Crude oil has reached a key support level. Don’t worry if it will continue to fall. You just need to buy at this moment and wait for profit The current account has reached 100K from 40K in just three days. This account will create miracles. If you also need accurate signals or copy my orders, you can click the link below the article to get them.
Back to back over here.. Further 200pips about to be closed. Long profile still active & will start to layer in positions. Let’s see ?