#DYDX is moving inside a descending channel on the daily chart. It is attempting to establish itself above the middle line of the channel. In case of a breakout above the channel, the targets are: ? $1.1561 ? $1.4412 ? $1.6717 ? $1.9022 ? $2.2303 ? $2.6482
Price action on the weekly timeframe of DOG/USD (Dogecoin versus the US dollar) recently touched gloves with an equal AB=CD support pattern at US$0.21452, a base complemented by a 1.27% Fibonacci extension ratio and a 61.8% Fibonacci retracement ratio. Traders long the pair tend to take aim at the 38.2% and 61.8% Fibonacci retracement ratios derived from between legs A and D at US$0.29907 and US$0.36312, respectively.
**EUR/USD (Forex Market)** **Market Cycles:** Breakout, Channel, Trading Range After a downward movement, the market has moved within a channel and reached the MM target based on the gap. According to the available information, the market is expected to be in the trading range phase. This means that buyers are active at the bottom, and sellers are waiting for a setup to form. Based on the existing evidence, this will likely be a broad trading range. This implies that at the top of the trading range, we can enter a sell trade after a suitable bearish signal bar forms, and at the bottom, we can enter a buy trade after a bullish signal bar forms. (The top and bottom of the trading range are considered as zones rather than specific price levels.)
Technical analysis of spot gold Daily resistance 2950, support below 2852 Four-hour resistance 2950, support below 2896 The previous suggestion to buy at 2910 has risen to 2918. Gold operation suggestions: Yesterday, gold fluctuated downward in the Asian and European sessions. During the CPI period, the price fell to 2864 and then started to counterattack. As of today, the highest point has risen to 2922. Judging from yesterday's trend, the first half of the market was running well, and a deep V rebound occurred in the NY market. From the current market, the daily chart shows signs of a V-shaped pattern. Yesterday's bottoming and rebounding directly limited the range of today's adjustment, so today is still a shock, and it is expected that the bottoming and rebound will hit the second highest point. At present, from the perspective of gold in the 4-hour period, today's support below continues to focus on the vicinity of 2896-2900. If it falls back during the day, it will continue to look up and continue to rebound. The upper short-term resistance is 2928-35. Buy at a low price based on this range during the day and wait patiently for key points to enter the market. NY Market Strategy BUY:2900near
EURUSD has setup for a good technical short for a drop to the downside.
? Boring Market And The Best Action Is Doing Nothing At Current Situation ? Last Night We Had a Breakout From a Trend Line And Lots of Analyst Named It As a Trend Changing Point But In My Idea It Was a Fake out And Still There Is a Another Leg Down Toward a 2450$ Area In a Short Term
Price just took out a major BUY side liquidity and had an impulsive Structure shift. There is a FVG and an Orderblock and that's where the entry was taken off of. The target is the nearest sell side liquidity but price might reverse totally switching Bearish
On RDDT we have the forceful break of the vwap and the support line by the sellers. In addition to this, after this breakout we have a pullback on the vwap indicator which reflects a high probability of having a bearish trend.
Hi Friends I'm longed SPX500 on the 10th of Feb at the open price because market is showing me an oversell signal. Will continue to monitor the market for a overbought signal before selling. There's no stop loss set for the trade.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. https://www.tradingview.com/x/NhSu3it1/ This is the Bitcoin 30-minute chart. There will be a Nasdaq indicator announcement at 10:30 in a little while. Nasdaq touched the resistance line of the 4-hour Bollinger Band chart, but Bitcoin failed to touch the resistance line, so the adjustment is coming out stronger. There are Nasdaq variables, and the pattern is broken, so today's analysis was also very difficult. It's complicated, but I made the strategy as simple as possible. There are many key contents, so please check the analysis article carefully. *Red finger movement path One-way long position strategy 1. 95338.5 dollars long position entry section / stop loss price when blue support line is broken 2. 97967 dollars long position 1st target -> Top 2nd target (After reaching the top section, long position liquidation, until short position switching) The purple finger section at the top 96.6K is The best short position and vertical decline section. If the orange resistance line is broken, you can operate a self-short based on the stop loss price. (Today is the first 15-minute resistance line touch section) The probability of the strategy succeeding increases when purple finger short -> purple support line is broken. The first section at the top is the final short position operation section for today + if it doesn't break through, it's a sideways section. If it comes down right before the purple finger touches, the bottom section becomes the long position waiting section. If you look closely at the sky blue support line, you'll see a gray trend line. This section is a mid-term upward trend line, and if it doesn't break out, the upward trend can continue, so I set the stop loss price a little loosely. From the 93.5K deviation shown below, it touches the Bollinger Band daily chart support line section from the third section, so a downward trend can be connected, so those who are operating long positions should be careful. There may be variables in Nasdaq, so please check the Nasdaq analysis article I left. I explained it in detail today because the participation rate was high, but I don't know if you're satisfied. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with the principle of trading and cut-off price. Thank you.