In a One Week 20 to 22 % Correction .Then PullBack..See What Happen Next Because Bitcoin Already Top Out & Downtrend Start..
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ? After recording a new all-time high this week, GOLD has been surging in a parabolic manner. ? Next target? The $3,000 round number is lining up perfectly with the upper bound of the rising channel marked in red. ?Meanwhile , every bearish correction would be an opportunity to look for trend-following longs, targeting the $3,000 mark. ? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
US January ISM services 52.8 vs 54.3 expected. This indicates a slowdown in the service sector in the USA. Due to this news, we expected the Dollar to become weaker against the Yen.
OANDA:EURJPY is approaching a key support zone, an area where the price has previously shown strong buying interest. The recent price action suggests that buyers may step in and drive the price higher. A bullish confirmation, such as a strong rejection pattern, a bullish engulfing candle, or long lower wicks, would increase the probability of a bounce from this level. If buyers regain control, the price could move toward the 160.080 level. However, a breakout below this support would invalidate the bullish outlook, potentially opening the door for further downside. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
NASDAQ:MDB looking for a potential breakout, with good AI tailwinds across the sector... targets: 290, 300
https://www.tradingview.com/x/zrifHRgk/ HI,Traders ! EUR-USD made a retest Of the key horizontal Resistance level of 1.04478 From where we are Already seeing a bearish Reaction and we will Be expecting a Further bearish move down ! Comment and subscribe to help us grow !
You need firstly understand the setup, then forecast the entry and TP point. Then look for a good R:R and enter the trade. !BUT YOU NEED TO WAIT UNTIL IT HITS TP OR SL! Be patient.
It will take time, but given the structure of the lower peak and lower valley, don't expect it to create a new peak. The trend is down.
Each cycle we've seen the same pattern in USD: Relentless rise, pops out of the range, traps bulls and slams them below the range over the subsequent ~1 yr. Each top in USD has coincided with a bottom in altcoins and kicked off altseason. Strap in...
After a good rally, the stock is trading near major support. If it breaks down with a close of the weekly candle below support, then the first target will be 116, and the second will be 90 easily. It looks strong and will turn bullish on a weekly close above 170. For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe. Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle As always, remember to do your own research before making any investment decisions!