4H chart has hit our resistance zone & rejected. But, on the smaller TF we're currently seeing a re-distribution schematic play out on Gold ahead of its sell off which means we MIGHT see 1 more new ATH. Re-distribution schematics normally take place in between Wave 3 high, Wave 4 low & Wave 5 high. This sell off schematic normally builds up within a 'Flat Correction' channel, which traps in early sellers & late buyers into the market. This is why it's a hard pattern to recognise. ⭕️POI 1: $2,857 - $2,848 ⭕️POI 2: $2,826 - $2,817
Market Context: COOKIE is nearing a key support zone, offering an ideal entry for a potential bounce and continuation of its trend. Trade Details: Entry Zone: Around $0.15 Take Profit Targets: $0.25 $0.36 Stop Loss: Daily close below $0.11 This trade provides a favorable risk-to-reward ratio if COOKIE holds at support and reverses upward. ?
Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Last month I posted not to buy on 2310, I explained why you shoudn't. Some people did buy and now they're in a loss. You still can't buy since the market just pulled back on the liquidity zone again and continued going lower and lower. Follow for more!
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Gitlab Inc Stock Quote - Double Formation * Trendline 1&2 | Completed Survey * ABC Flat | Entry Feature | Subdivision 1 - Triple Formation * (Uptrend Argument)) | 1st Retracement | Subdivision 2 * 2nd Retracement | Long Support | Subdivision 3 * Daily Time Frame | Trend Settings Condition Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
HUGE ? +492% from $0.42 to $2.49 in 1 hour ? NASDAQ:MBRX from halt to halt moves so wild the exchange had to pause trading to cool off a bit
Outline: Listen Up, Traders! Smart Money Is Moving – Are You Ready? I. Introduction A. Overview of the current trading landscape B. Importance of recognizing smart money movements C. Purpose of the briefing: to identify key levels in the US30 on the 15M time frame II. Market Analysis A. Bullish Breakout Scenario 1. Definition and significance of a bullish breakout 2. Key level: 44530 3. Implications of high volume at breakout point 4. Recommended actions for traders B. Bearish Breakdown Scenario 1. Definition and significance of a bearish breakdown 2. Key level: 44290 3. Consequences of a collapse below this level 4. Recommended actions for traders III. Understanding Smart Money Dynamics A. Explanation of smart money and its influence on market movements B. Tactics employed by smart money: 1. Liquidity manipulation 2. Trapping weak hands 3. Precision strikes IV. Strategic Recommendations A. Importance of aligning with smart money strategies B. Execution of trades with confidence C. Emphasis on maintaining awareness and adaptability in trading V. Conclusion A. Recap of key levels and market scenarios B. Call to action: Traders must act decisively to stay ahead C. Final thoughts on trading like the elite and remaining vigilant
Another profitable structure is currently in progress, after completing the last leg of the correction at $106.50 (MY STOPLOSS!) The targets of the uptrend swing (wave C) are displayed on the chart, and it has the potential to exceed the projected levels. Start point of wave c= $106.50 (Stoploss) Targets: T1=$206 T2=$268 T3=$367 NASDAQ:AMD #AMD Good Luck
A month ago I posted not to buy 2222, again as always prople keep arguing and buy, and at the end they come back to you and ask about what to do. Well, as you can notice on the chart, we have the price coming down to our liquidity zone to start manipulating and playing before continuing its way going lower and lower. Now what you're going to do is to stay put and wait for the next move the market is going to do. Follow for more!
#MEPA time frame 1 day Created 2 bearish patterns ( Gartley and AB=CD ) Sell point at 0.30 Stop loss / rebuy 0.31 ( estimated loss - loss of additional profit 3% ) First target at 0.281 ( estimated profit - avoid capital loss or Realized gains - 6% ) Second target 0.264 ( estimated profit - avoid capital loss or Realized gains - 12% ) Third target 0.25 ( estimated profit - avoid capital loss or Realized gains - 17% ) NOTE : this data according to time frame 1 day Its not an advice for investing only my vision according to the data on chart Please consult your account manager before investing Thanks and good luck