It's below the prime area, but at the bottom of a descending channel and also an area of prior S/R. Volume is up the last two days. What I am looking for Scalp only, this guy is un-trusted! The last pop was all premarket, I prefer regular hours price action. So I have bumped this up a few spots on the watch list looking for a trending day.
Dow Jones / US30 is trading inside a Channel Up since August 2022 and is right now on the 3rd straight green 1week candle. Even though it is approaching the top of this 2.5 year pattern, the upcoming Bullish Cross on the 1week MACD indicates that the rally that is starting could be of a similar magnitude like November 2023 and October 2022. Consequently, we expect this to reach at least the 2.0 Fibonacci extension on a diverging Channel Up. Target 48500. Previous chart: https://www.tradingview.com/chart/US30/dfkfpfqB-DOW-JONES-giving-a-buy-opportunity-on-this-correction/ Follow us, like the idea and leave a comment below!!
NZDCHF seems to be carry its bull trend as it is moving in bullish channel and formed a double bottom pattren while touching lower trendline of channel.
https://www.tradingview.com/x/ClLn3Yiq/ Hello,Traders! USD-CHF broke the falling Resistance line, made a Retest and is going up now So we are locally bullish baised And we will be expecting A further bullish continuation Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
Since support and resistance occur within a time frame, does that mean a support level on a daily time frame cannot be a support level on a 45-minute time frame?
GBP/USD 1H - As you can see price has traded into our zone and has now activated our pending order. Price has put in the structure we wanted to see breaking down after the penetration. I now want to see the introduction of bearish structure throughout this market putting in a deeper correction to the downside, allowing us to profit from the short trade we have placed. This trade is currently running + 25 pips. (+ 1.25%) 1.25RR A big well done to those who stayed patient with this pair and allowed price to play into your hands, this is how we play the game of Forex and profit. Be sure to take partials throughout your trade and apply safety measures, as I always say its important we manage our trades correctly. Any questions drop me a message or comment below!
Syn didn't come to the demand area. It has eql and fvg to fill. I consider a short position from the flag limit area. the first TP will be channel equilibrium, swing msb level. The second one is the lower band of the channel. The main target is the main demand area.
Altseason is upon us, and now is the time to start dollar-cost averaging into your favorite crypto gems. One of our picks for this altseason is Parcl - best characterized as a Real World Assets (RWA) project. ? Why? Our altcoin picks are based on the following criteria: High growth potential : Projects with room for exponential gains. Undervalued : Market cap still flying under the radar. Limited CEX listings (for now) : Undiscovered gems poised for exposure. Community-driven momentum : A strong, dedicated community pushing adoption. High risk, high reward : A speculative but calculated play. Partnerships and roadmap promises : Indicators of future expansion and relevance. Potential for major exchange listings : A game-changer that could drive price action. Circulating Supply Ratio : A circulating supply close to 100%, indicating robust tokenomics and minimizing dilution risk. ? Prerequisites for Thrill and Euphoria For low-cap altcoins to thrive, specific market conditions need to align. Here's what we're assuming: Bitcoin follows the 4-year cycle: Maintaining historical trends of market phases. We remain in a crypto bull market: A rising tide lifts all boats. Altseason begins: A period of intense growth and volatility for altcoins. Retail money floods in: Increasing mainstream interest and participation. Global markets are "healthy-ish": No major economic black swans. Monetary policy shifts to QE (quantitative easing): A return to liquidity-friendly environments. ? What is your top picks for this altseason? This is not financial advice. Always do your own research before investing.
USD/CHF keeping its bullish price series. break out and retest of 0.9030 market structure retested. now a run up towards target 1 at 0.9230 then target 2 at 0.9740
GBPUSD seems to be promising on continuing with its long trend, Aggressive traders may take trades at market execution