Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Cloudflare, Inc. Stock Quote - Double Formation * ABC Flat Feature | Entry Bias & Subdivision 1 * (Consolidation Argument)) At 101.00 USD - Triple Formation * Trendline & Pennant Structure | Subdivision 2 * Numbered Retracement | Uptrend Bias | 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
1. the throwing back by a body or surface of light, heat, or sound without absorbing it. Similar: sending back throwing back casting back mirroring Opposite: absorption 2. serious thought or consideration. Similar: thought,thinking I use the weekend to self reflect on the previous trading week and make plans for the next trading week. Failing to plan is planning to fail. Set a few hours aside and take a look back at trades planned during the week and their respective executions. Note down, whether on an ebook or journal, your pros and cons during the week and try not to carry the cons into a new week but instead copy what we did good during the previous week into the new week. Plan ahead using higher timeframes like daily and weekly chart to atleast get insight and a glimpse of what should happen as we head to another week of trading. Blessed Sunday traders.
? BTC.D (Bitcoin Dominance) Trend momentum has been strongly bullish since late 2022 and shows no signs of slowing on higher time frames (6M, 12M). When BTC.D trends higher, the market tends to concentrate capital in BTC, making it difficult for many altcoins to rally. Any short-term dips in BTC.D on daily or weekly charts could temporarily release some capital into altcoins, but overall, the dominant uptrend remains intact. ? ETHBTC The ratio has been signaling a SELL bias since late 2023, continuing throughout 2024. It reflects ETH’s weakness relative to BTC. On the 3M chart, ETHBTC is in a downtrend; any upward corrections are likely just retracements before further declines. There’s no clear sign that ETHBTC has bottomed across the monthly, 3-month, 6-month, or yearly cycles. ✔️ Conclusion BTC.D may see short-term corrections in 2025 but is expected to continue rising overall. ETHBTC, on the other hand, will likely continue its downward trajectory, with occasional small rebounds along the way. This suggests no broad Altcoin Season in 2025; instead, expect ongoing fragmentation within the altcoin market. Capital will rotate selectively based on each sector or individual coin’s structure. ? Strategy Use caution when rotating funds from altcoins to BTC to optimize returns. Carefully select altcoins that show genuine growth potential in 2025, and avoid emotional allocation. Emphasize short-term strategies—buy for the short term, take profits quickly—to navigate a market where altcoins remain highly divergent.
Certainly! Here is the analysis of the chart in English, focusing on the ICT (Intraday Cycle Theory) perspective and addressing the potential for a drop below 2850: --- **ICT Analysis for Gold Spot / U.S. Dollar (4-hour Chart)** From an ICT standpoint, the current price action suggests a critical juncture. The recent rally has brought the price to a significant resistance level around 2861.25 USD. This level coincides with a key Fibonacci retracement and a previous swing high, making it a crucial point to watch. ### Key Observations: 1. **Cycle Highs and Lows**: The price has been oscillating within a defined cycle, with recent highs and lows forming a pattern that could be indicative of a potential reversal. The current price is near the upper boundary of this cycle. 2. **Fibonacci Levels**: The price has reached a major Fibonacci resistance level, which often acts as a strong barrier. A failure to break above this level could lead to a pullback. 3. **Momentum Indicators**: While not explicitly shown, momentum indicators like RSI or MACD would be useful here. If these indicators show divergence (i.e., price making higher highs while the indicator makes lower highs), it could signal a loss of upward momentum. ### Potential Scenarios: - **Scenario 1: Breakout Above 2861.25**: If the price manages to sustainably close above this level, it could indicate a continuation of the uptrend. However, this scenario seems less likely given the strong resistance at this level. - **Scenario 2: Rejection at 2861.25**: If the price fails to break above 2861.25 and starts to decline, it could signal the start of a correction. In this case, the next key support levels to watch are around 2850 and then lower levels such as 2780 and 2720. ### Conclusion: Given the current setup, there is a significant risk of a pullback if the price fails to break above 2861.25. If the price drops below 2850, it could trigger a more substantial correction, potentially leading to further declines towards the lower support levels mentioned. Traders should remain cautious and consider placing protective stops below 2850 to manage risk effectively. Additionally, monitoring volume and other technical indicators can provide further confirmation of the direction of the trend. --- This analysis should help you understand the potential risks and opportunities in the current market situation.
There are some readings on the chart that shows that the price might create new all time highs in the next period. 1, With all negative news for the last weeks, the trend did not continued lower, but instead it has created a false break 2, There a many rejections created in the last week, showing that the sellers do not have power to push price down 3, We are still in an uptrend All this might indicate that the price might continue higher. Probably a strong bullish candle will indicate a buy signal.
Pay your attention to PEPE. This is an underestimated project that will easily show 10x on the current market. From a technical point of view the asset is very oversold, we should wait for a strong push up. Wintermute made their asset 2 times cheaper and finished accumulation. Growth start next week.
Monthly Chart Gold (9th Feb 2024) Dear Traders, Attached is the updated Monthly Chart Roadmap for GOLD, showcasing our meticulous analysis and 100% target accuracy since October 2023. The Golden Circle areas on the chart emphasize our precise predictions and successful target achievements over the months. Previous Chart Highlights: * GOLD successfully hit TP1 (2286.35) and TP2 (2603.46), with the monthly candle closing above TP2. * EMA5 crossed and locked above the TP2 level at 2603.46, confirming strong upward momentum. * The EMA5 detachment process was successfully completed. * The Fair Value Gap (FVG) at 2790 provided robust support, facilitating a push toward higher levels. What’s Next for GOLD? This chart update includes revised entry levels, weighted target levels, and two critical GOLDTURN levels: 2742 and 2595. These levels act as strong support zones, where potential reversals may occur. If a reversal happens, prices are likely to retest any of these levels (marked in red) before bouncing back. Pay close attention to EMA5 near the Entry Level of 2742.55. If EMA5 crosses and locks above 2742.55, it will confirm bullish momentum and make the target of TP1 (2961) achievable with ease. Although short-term bearish movements may occur, the broader picture on the monthly chart suggests a long-term bullish trend. Temporary pullbacks strengthen the trend and provide excellent dip-buying opportunities near support levels, minimizing risk. Recommendations: For a detailed understanding of support structures and to identify ideal buying opportunities, refer to our smaller time frame analyses, including weekly, daily, 12H, 4H, and 1H charts. These provide actionable insights while aligning with the bigger picture of long-term bullish momentum. As always, we’re committed to keeping you informed with daily updates and insights. Don’t forget to show your support by liking, commenting, and sharing this post. Stay tuned for more updates on our Trading View channel. Trade Safe with Confidence! The Quantum Trading Mastery
On longer timeframe I am looking for shorts on Eur/Jpy but in nearest time I expect some kind of pullback up to MA20 and possibly up to trendline seen on dailychart. For entry look for confirmation in priceaction. It may take couple of days into next week to see what price wants to do. 154.500 is a good place to enter. If price falls straight through support than wait with pulling a trigger. In this case area under lows can be a good place for long entry. But it price struggles to move lower it's your sign to go long. For target aim for MA20 around 158.500 on dailychart and if price looks to hold here expect more upside, up to current highs around 163.00 Stop-loss under major lows.
If you an SMC trader, this pair has printed a neat structure, overall bullish. It has taken liquidity below the Inducement zone. Looking for LTF rejection inside the big Bullish Order block.
EURUSD has shown strong strength at the most recent support area, where two bullish candlestick pattern has formed. If an engulfing candle will form Monday, than i will expect a change of trend long term, to the upside.