I think anyone with a couple of brain cells can agree that anything that is a natural function of buying and selling should have no linear correlation. But, you may only have one so don't blow a fuse here Einstein. Good luck to you
I've spotted a great long opportunity on TOSH/USD using a combination of advanced market analysis techniques: 1️⃣ Liquidity grab below recent lows, clearing out impatient buyers. 2️⃣ Entry at the OTE zone (Optimal Trade Entry) between 61.8% and 78.6% Fibonacci retracement, a key area for strong rejections. 3️⃣ A fake supply zone has been reclaimed, signaling bullish intent. ? Trade Details: Entry: 0.0006900 (validated in the OTE zone). Context: Liquidity sweep below support followed by a bullish re-entry. Confirmation: Clean reclaim of the fake supply zone with momentum. Stop Loss: Below the last swing low for proper risk management. Take Profits: TP1: Previous Higher High (HH). ? ? Plan: I’m watching for strong confirmation in the OTE zone and increased volume as the fake supply zone is reclaimed. Risk management is key—position sizing is based on capital and stop-loss placement. This is not financial advice, just my personal setup idea based on market structure. What’s your take? Let me know below! ?"
//@version=5 indicator("ربات ترید پیشرفته", overlay=true) //---- تنظیمات اندیکاتورها ---- // Moving Average fastMA = ta.sma(close, 9) slowMA = ta.sma(close, 21) plot(fastMA, color=color.blue, title="MA سریع") plot(slowMA, color=color.red, title="MA کند") // MACD = ta.macd(close, 12, 26, 9) plot(macdLine, color=color.green, title="MACD") plot(signalLine, color=color.orange, title="سیگنال MACD") // RSI rsiValue = ta.rsi(close, 14) oversold = 30 overbought = 70 // الگوی کندل Engulfing bullishEngulfing = (close < open ) and (close > open) and (close > open ) and (open < close ) bearishEngulfing = (close > open ) and (close < open) and (close < open ) and (open > close ) //---- شرایط سیگنال ---- // سیگنال خرید: buyCondition = (fastMA > slowMA) and (macdLine > signalLine) and (rsiValue < oversold) and bullishEngulfing // سیگنال فروش: sellCondition = (fastMA < slowMA) and (macdLine < signalLine) and (rsiValue > overbought) and bearishEngulfing //---- نمایش سیگنالها ---- plotshape(buyCondition, title="خرید", location=location.belowbar, color=color.green, style=shape.labelup, text="BUY") plotshape(sellCondition, title="فروش", location=location.abovebar, color=color.red, style=shape.labeldown, text="SELL")
How I see it: Gold can potentially attempt another bullish rally. And/or just continue south. Key levels of resistance: 1. 2901 2. 2915 3. 2928 Current key support zone: 1. 2880 - 2860 Potential "SHORT" Targets: 1. 2787 2. 2770 3. 2730 - Key Demand Level !!
Technical Analysis Weekly Chart It is evident that gold has entered a period of consolidation near its top. Last week closed with a bearish candle, forming a multi-candle evening star pattern on the weekly chart, which is a bearish reversal signal. For the upcoming week, the trading strategy will focus on identifying short opportunities on lower timeframes. Four-Hour Chart The five-wave structure appears to have ended, with the final wave reaching higher and broader levels than previously anticipated. Considering the gradual formation of a top structure, next week's trading plan will focus on short opportunities below the four-hour EMA.
? Entry: CMP (18.876) ? Stop-Loss: 18.459 (RR 8) or 18.1 (RR 4) – Adjust as per risk tolerance ? Take-Profit Targets: * TP1: 19.54 ✅ * TP2: 21.00 ? * TP3: 22.00 ? Technical Analysis ? * Ascending Triangle Pattern: LINK/USDT is forming a bullish ascending triangle, indicating a potential breakout. * Order Block & Support: Strong demand zone near the entry level, providing a solid base for an upward move. * Resistance Levels: TP levels align with key resistance areas, making them ideal targets. ? Risk-Reward Ratio: * SL at 18.459 → RR 8 * SL at 18.1 → RR 4 ? Disclaimer: This is NOT financial advice. Always DYOR (Do Your Own Research) before trading. ? Let me know your thoughts in the comments!
FIbs don't lie. This got listed on coinbase few months back. Low volume coin at the moment. This a community coin where nft's and such are rewarded by subscribing to an artists nft collection. They also air drop NFT to their subscribers. Around 33% staking rewards. Has potential
Immediate Support level is around 111582 - 110602. Resistance is Still the same around 113000 & then around 115500 -115700
I anticipate that gold will continue rising from the current price level around 2,880, targeting the relative equal highs above. Once price sweeps this liquidity, it will establish a new all-time high (ATH). However, if price starts to accumulate and slow down, we could see a deeper mitigation, possibly into the 7-hour demand zone or even the 6-hour demand zone below. This would set the stage for a larger move to the upside. Confluences for XAU/USD Buys: - Price has broken structure to the upside and remains in a strong bullish trend. - Relative equal highs above provide a liquidity target for price. - Price is currently sitting in a 4-hour demand zone, with additional key demand areas nearby. - Gold continues to rally, supported by ongoing geopolitical tensions. P.S. If price reaches the 6-hour supply zone and starts forming a Wyckoff distribution on the lower time frames, we may see a potential downside move from that point of interest (POI).
CRYPTOCAP:ETH ascending megaphone pattern will trigger upward momentum from the lower zone. ?