Gold looking ripe, just waiting for the perfect strike. 4H: Bullish momentum is clear, but no liquidity sweep or order block mitigation yet — patience is key. 30M: Structure still holding bullish. IDM liquidity already taken out. Now it’s all about that order block tap. 5M: Once price hits the order block, I’ll be locked in, waiting for that CHoCH flip and liquidity entry to ride gold’s move up. Timing is everything. Bless Trading!
S&P500 Break Out To The Upside The S&P 500 is in a bullish ascending triangle pattern. I'm looking for a move to the 141.% fib level price $6,282.
The Leap Trading Competition: A Chance to Trade S&P 500 Futures TradingView’s "The Leap" Trading Competition gives traders the opportunity to test their futures trading strategies in a competitive environment. Participants have access to select CME Group futures contracts, including E-mini S&P 500 Futures (ES) and Micro E-mini S&P 500 Futures (MES). This article presents a dual breakout trade setup, analyzing both bullish and bearish scenarios based on key Fibonacci levels and low volatility price ranges. The goal is to trade the breakout of a well-defined range and target either a Fibonacci extension to the upside or a retracement level to the downside. Understanding Breakouts and Fibonacci Levels A breakout occurs when price moves beyond a defined support or resistance level, often leading to a strong trend continuation. In this case, the trading range between 6146.75 and 6121.25 is the key level to watch. A breakout above this range suggests bullish momentum, while a breakout below signals bearish pressure. Fibonacci retracement levels are used to identify potential support or resistance zones based on past price movements. The 50% retracement level at 5985.75 aligns with a UFO support, making it a key downside target if price breaks lower. Fibonacci extension levels project potential price targets beyond the most recent high or low. The 100% Fibonacci extension at 6288.75 serves as the projected upside target if price breaks higher. The Dual Breakout Trade Setup In a bullish scenario, a breakout above 6146.75 confirms entry to the upside. The target for this trade is the 100% Fibonacci extension at 6288.75. A stop loss is placed below the breakout level at a distance that ensures a minimum 3:1 reward-to-risk ratio. In a bearish scenario, a breakdown below 6121.25 confirms entry to the downside. The target is the 50% Fibonacci retracement at 5985.75, which aligns with a UFO support zone. A stop loss is placed above the breakdown level, ensuring a minimum 3:1 reward-to-risk ratio. Risk management considerations include adjusting stop losses based on a trader’s preferred risk-reward ratio. Scaling out at intermediate levels can help manage volatility and secure partial profits. Contract Specifications and Margin Requirements E-mini S&P 500 Futures (ES) details: Full contract specs: ES Contract Specifications – CME Group Contract size: $50 x S&P 500 Index Tick size: 0.25 index points ($12.50 per tick) Margin requirements depend on broker conditions and market volatility – Currently ≈$15,000 per contract. Micro E-mini S&P 500 Futures (MES) details: Full contract specs: MES Contract Specifications – CME Group Contract size: $5 x S&P 500 Index (1/10th of ES) Tick size: 0.25 index points ($1.25 per tick) Lower margin requirements make it more accessible for smaller accounts – Currently ≈$1,500 per contract. Leverage in ES and MES magnifies both potential gains and losses. Traders should consider margin requirements and market conditions when determining position sizes. Execution and Market Conditions Before executing a trade, a typical breakout trader would watch price confirm a breakout by sustaining above or below the key levels. Additional confirmation from volume trends and momentum indicators can improve trade accuracy. If price does not break out, the setup remains invalid. If a false breakout occurs, traders may need to reassess conditions before re-entering. Conclusion A dual breakout setup provides both bullish and bearish opportunities depending on price movement. Fibonacci extensions provide upside targets, while retracement levels align with strong support zones for downside moves. For participants in The Leap Trading Competition, this setup highlights the importance of disciplined execution, confirmation, and structured risk management. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: http://www.tradingview.com/cme/ - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
We are entering this trade because: 1) It is 10 pips away from the all time high 2) There is a harmonic pattern 3) Last weeks high 4) Triple top on H1 with divergence Target would be 6000 to start off with but will monitor and take profit along the way.
Flat opening expected in nifty. After opening nifty will face strong resistance at 23000 level and expected downside movement upto the 22800 in opening session. For today's session, 22800 is the important support if nifty break this support and starts trading below 22750 then sharp downside rally possible upto 22500 level. Any major upside rally only expected if nifty starts trading and sustain above the 23050 level.
Playing the continuation smart and precise. 4H: Liquidity already taken out, and price has mitigated the order block, setting up for that clean push to the highs. 30M: Structure stays bullish — liquidity swept, mitigation respected at the refined order block, and demand holding strong. Bulls still in control. 5M: Now it’s all about timing. Waiting for that CHoCH flip and liquidity entry to ride this wave higher. Let’s make it count. Bless Trading!
Today will be flat opening expected in banknifty. After opening if banknifty starts trading below 48950 level then possible further major downside of 400-500+ points in index. 49050 level will act as a support for today's session. Any upside move only expected if banknifty sustain above this level. Upside 49450 level is the crucial resistance index. Any upside rally can be reversal from this level.
Locked in on this one from top-down analysis. 4H: Price swept IDM liquidity and is now mitigating a clean 4H order block — textbook SMC move. 30M: Waited for liquidity to be taken out here too, and price didn’t disappoint. It struck my refined 30M order block perfectly, showing respect to structure and order flow. 5M: Now it’s time for patience. Waiting for that CHoCH flip and liquidity grab to confirm my entry. Once that trigger hits, I’m in. Let’s run it. Bless Trading!
Bought in on the 3-day T dial T This indicator is quicker than the macd in indicating the direction of the price movement and since this indicator is in the positive direction albeit in the lower band we can predict it will either retrace back at the middle band or it will break through that band and go higher until then we do not know. But what we do know is that the price is in an upward movement at the moment. Further research on the buy indicator shows that even on the weekly chart it is a buy so current trend is to buy the coin.
You're looking at a buy entry for XAU/USD (Gold) at 2900, with a target of 2915. Here are some quick insights: ✅ Entry: 2900 ? Target: 2915 ? Stop-Loss (Recommended): Consider setting a stop-loss below a recent support level to manage risk. Before taking the trade, make sure to check: Market sentiment (news, economic events) Technical indicators (RSI, MACD, Moving Averages) Risk management (Position sizing, SL/TP levels) Would you like a quick technical analysis or key levels for confirmation? ?