This DOT/USDT 4-hour chart highlights a potential short setup at a key supply zone: Entry: $6.373, anticipating rejection from the order block (OB) zone. Stop-Loss: Placed at $6.556, above the OB zone for risk mitigation. Take-Profit: Targeting the $6.006 level for potential gains. This setup aligns with the previous supply zone, making it a strong resistance area. Confirmation from volume and candlestick patterns is recommended before entering.
GBPAUD: Bearish Harmonic Pattern Signals Potential Downtrend Starting from mid-December 2024, the price completed a bearish harmonic pattern and immediately initiated a bearish trend. The top of the pattern was reached near 2.0300, followed by a bearish wave of approximately 700 pips, bringing the lowest price near 1.9600. Currently, GBPAUD has undergone an aggressive correction, and the likelihood of another significant bearish wave in the coming days is high. Key Support Zones: 1.9850, 1.9670, and 1.9500 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Price Entry On GBPUSD HAs been Triggered and is currently running 15Pips move your stoploss to the initial entry Price. To follow through on this trade, We'd keep an eye on the 4H timeframe to see that at the end of the current candle formation, we want to see that price closes below 1.2446, This will show us that we have sufficient Bears Pressure to hold the rally down to 1.2420. Else close your positions. If we achieve this condition, we'd then be looking to see price close below the 1.2420 on the 1HTF, from there we'll look for the available supply formed and Hold Price down potentially to 1.2310
This TRX/USDT 4-hour chart highlights a potential short setup at a key supply zone and trendline resistance: Entry: $0.25149, anticipating rejection from the descending trendline and order block (OB) zone. Stop-Loss: Placed at $0.25430, above the OB zone for risk mitigation. Take-Profit: Targeting the $0.24306 level for potential gains. The confluence of the OB zone and trendline resistance increases the probability of a price reversal, making this a well-structured trade. Confirmation from volume and candlestick patterns is recommended before entering.
All right, so Tuesday and Wednesday we tapped the top of the expected move on the week and then pulled back yesterday to the 35 EA so we did close right at the 35 EMA just underneath it yesterday. And today so far futures are down and we have a Read signal line. Expected move on the day 442 to 452, and on the week 438 to 450 so keep a close eye on that 450. All-time highs are just underneath that 452 and we do have a support to the downside at 440.
Today, key U.S. economic data was released , including GDP , Unemployment Claims , and the GDP Price Index . These data points had a direct impact on the U.S. dollar, resulting in volatility in the EURUSD pair . The weaker-than-expected GDP and lower inflation caused a temporary weakening of the USD, but the strong labor market data still supports the dollar, potentially limiting further downside for EURUSD. This was an analysis of the US economic data that was released today. ------------------------------------ EURUSD ( FX:EURUSD ) entered the Resistance zone($1.054-$1.044) again, and it seems that this move is a Pullback to the ascending channel (broken) . According to Elliott's wave theory , pullback appears to be a Zigzag corrective wave(ABC/5-3-5) . I expect EURUSD to attack the Support zone($1.039-$1.033) again, 100_SMA(4-hour) , and decline to at least the width of the broken ascending channel . Was the bullish candle the previous hour in the role of a pullback or the start of another upward trend for EURUSD? Note: If EURUSD goes over $1.049, we can expect more pumps. Please respect each other's ideas and express them politely if you agree or disagree. Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
The Amazon stock has shown significant volatility recently but managed to recover its temporary losses of over 7% just as quickly. We still position the stock within the turquoise wave 3, which should have additional upside potential. Once this high is established—something that may have already occurred—we anticipate a wave 4 pullback before wave 5 completes the larger magenta wave (3) further to the upside. As you can see in the daily chart, this magenta wave (3) acts as a subwave of the green wave , which in turn should lead to the peak of the even larger beige wave III. Following this, we expect a more pronounced wave IV correction before another round of impulsive rallies drives the stock to new highs.
https://www.tradingview.com/x/YJGMTI6z/ My dear subscribers, My technical analysis for EURJPY is below: The price is coiling around a solid key level - 160.85 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 161.92 My Stop Loss - 160.31 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Hello, Traders! After rising 250% since November, ONDO dropped 40% from its top and is currently recovering from that downfall. The ONDO price is approaching its first resistance at the $1.61 level, and if it manages to break through, the road to $2 will be open. A successful breakout above this level could trigger increased buying pressure, pushing the price toward current ATH. There is a high chance that we will see this rise in February, especially if BTC.D drops below 57%, signaling a potential capital rotation into altcoins. Additionally, strong market sentiment and favorable macro conditions could accelerate ONDO growth, making the next few weeks crucial for its price action. Please don’t forget to boost this idea and leave your comments below.
In the analysis of the US30 index on the 15-minute timeframe, key levels have been identified that signify potential market movements. A bullish trend is anticipated following a breach of the 44950 area, characterized by elevated trading volume. Conversely, a bearish scenario is projected if the index breaks below the 44600 area, also marked by high volume. This evaluation underscores our commitment to delivering precise opportunities and analyses, prioritizing accuracy over sheer numerical data. ⚡️US30 / FXCM Best Break Our / Key level's 15m Tf ?Bullish After Break key level + High Volume / 44950 Area ?Bearish After Break key level + High Volume / 44600 Area ⚡️ We Only Sent Most Accurate Opportunity and Analysis ? Not by Number ..+