Gold best sell zone 1h Tim frame M pattern next week target 2860 not financial advise trade and manage your own risk
Nifty is now forming a diagonal pattern. The last leg of this diagonal is about to finish. I’ve identified a buy zone in Nifty between 22700 and 22500. To limit potential losses, I’ve set a stop loss at 200 points. My target price range for Nifty is between 24000 and 24200.
From the chart, gold has been rejected at the resistance block (the top red zone), which marks a key level of selling pressure. This rejection confirmed the bearish outlook, and a short position was initiated within the green zone above the current price. The green zone represents the entry area for the short trade, which aligns with the overall bearish structure. The price has since broken below multiple levels, including key supports and trendlines, showing strong downward momentum. This breakdown has solidified the bearish trend, with the price now pushing lower. The target for the short trade is the lower red line at 2,839.447, which serves as a major support level and the likely point where the trader expects the price to slow down or reverse. The bearish trendline (yellow line) further reinforces this move, as gold continues to respect the downward structure. As long as the price stays below the green entry zone and the red resistance block, the short position remains valid and the bearish momentum intact. This setup is a textbook example of trading a resistance rejection combined with bearish continuation, aiming for a precise target near 2,839.447.
FX:GBPUSD ended last week with a Bullish Price Breakout of the Ascending Triangle that it fell into after breaking down below Support-Turned-Resistance and finding Support at the October 2023 Lows last month. Overall indicators suggest we could be experiencing a Valid Breakout of this pattern due to: 1) Strong Breaker Bar with Close outside of Range 2) Based on the Range from High to Low of the Ascending Triangle, Price made a 26% move beyond the break 3) Bullish Volume following Break 4) RSI Above 50 The Confirmation of Valid Break will come if price is able to: 1) Close 3 - 5 Days outside of pattern 2) Price successfully is Supported by Previous Structure Broken 3) Bullish Volume Builds on Retest When the Breakout is Validated, Buying opportunities could be delivered in the ( 1.2525 - 1.2485 ) Range on the retest with an immediate Target Profit at the December 2024 Resistance laying overhead at the ( 1.28 - 1.29 ) Range Fundamentally, this month we saw BOE make a 25bps rate cut down to 4.50% with GBP having quite a positive increase in GDP (+.3%) which could be inflationary. USD showed a slight uptick in CPI (+.1% y/y) strengthening the stance on minimal Rate Cutes this year but a big miss in Retail Sales, Unemployment Claims and Non-Farm Employment! GBP: Tuesday - Claimont Count Change/ BOE Gov. Bailey Speaks Wednesday - CPI Thursday - Consumer Confidence Friday - Retail Sales/ Flash Manufacturing PMI/ Flash Services PMI USD: Monday - Presidents Day (Bank Holiday) Tuesday - Empire State Manufacturing Index Wednesday - FOMC Meeting Minutes Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
Long Bitcoin to 106,190.95 And possibly creating a new high. Thank you me later. Enjoy
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Sandfire Resources Stock Quote - Double Formation * (Continuation Argument)) | Completed Survey * 1st Retracement | Area Of Value & Entry Bias | Subdivision 1 - Triple Formation * ABC Flat | Wave Feature | Subdivision 2 * 2nd Retracement | Uptrend Bias | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
SILVER rejected 33.376 on Friday, followed the same path with gold. Silver is significantly influenced by industrial demand, with over half of its total demand coming from industrial applications , renewable energy and semiconductors taking larger share. This makes it more sensitive to economic cycles than gold. Silver acts as an alternative inflation hedge in times Geopolitical risks and uncertainty which could make investors look into silver as a safe-haven asset. Am bullish on silver and it will out shine gold based on large scale industrial demand for complex military application.
Hallo Leute! Heute eine wissenschaftliche Studie zum Thema Elliott-Wellen-Theorie. one more wave Target 138k -archiv- https://de.tradingview.com/chart/BTCUSD/0VMwfcER/ EW-Studie alt: https://de.tradingview.com/chart/BTCUSD/H8jehBB7/ Hier übergeordnet https://de.tradingview.com/chart/BTCUSD/KzVh38c2/ Aktueller Rate-Chart: (Mehrheit ist ultra bullish) https://de.tradingview.com/chart/BTCUSD/tDUrUoUD/ Ich wünsche gute Unterhaltung!
The price of DDOG appears poised for a dip slightly below the upward trendline and Fibonacci support zone (126-116) before finding strong support. This could act as a liquidity grab, shaking out weaker positions before an explosive move higher. Compression on the weekly timeframe would be an ideal signal, with tight price action and decreasing volatility indicating accumulation. A bullish reversal confirmation, such as a strong engulfing candle, pin bar, or a breakout above short-term resistance, would provide a high-probability entry. Monitoring RSI for a hold above oversold levels and a curl upward, along with volume expansion on the breakout, will add further conviction to the trade. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve risk, and independent research or consultation with a professional is recommended before making any financial decisions.
Buys: 196.69 to 322.70 Target 662? We have a TIGHT triple inside BAR forming on the MONTHLY this is Extremely Rare and Ready for a MASSIVE BREAKOUT I plan to automate LEAPS and sell PUTS step by step all will be here DROP A LIKE!