TP1 @ 1.42600 The sell should be massive. The area above 1.4386 maybe tapped that's why I made the sl accommodate it.
I've been sitting back as the market shifted across into position Now that it's found it's destined anchor point, it may continue with it's market structure I cover the symmetrical triangle in this video as well as the Support & Resistance for this downtrend move Buy high, sell low until the downtrend is over.
Afternoon traders. Im going long in a trade... let me break this down for you. HTF all show bullish momentum, for more of a breakdown of this I have published a story on this Pair previously in the week. LTF- We have made a few bounces of this HTF Mitigation Block, on smaller time frames price has made a few pushes off this Mitigation Block and on this particular pullback we can notice an Elliot's Wave "ABC" Pattern forming showing us the end of the consolidation phase. Im looking for price to break this Resistance zone as well as breaking this Liquidity Trend. Im targeting higher TF liquidity and I have my Stop Loss below the Higher TF Mitigation Block Good Luck to all the Traders that decide to follow
Volume Indicators are technical analysis tools that evaluate the strength of a trend or price movement based on trading volume, which represents the number of shares, contracts, or units of an asset traded over a given period. Volume indicators provide insights into the participation and conviction behind price moves, helping traders confirm trends, spot potential reversals, or detect breakouts. Why Volume Matters Volume reflects market activity and interest: High Volume: Suggests strong participation, confirming the validity of price movements.\n- Low Volume: Indicates weak interest, often leading to uncertainty about the sustainability of price moves. For example: In an uptrend, rising prices with increasing volume confirm the bullish trend.\n- Conversely, falling prices with increasing volume confirm a bearish trend. Popular Volume Indicators On-Balance Volume (OBV): OBV measures cumulative buying and selling pressure by adding volume on up days and subtracting it on down days. Signal: If OBV rises while the price is flat, it indicates hidden buying pressure, suggesting a potential price breakout. Volume Weighted Average Price (VWAP): VWAP calculates the average price of an asset weighted by volume, providing a benchmark for institutional traders. Signal: If the price is above VWAP, it\u2019s considered bullish; below VWAP is bearish. Volume Oscillator: The Volume Oscillator compares short-term and long-term moving averages of volume. Signal: Positive readings indicate increasing volume momentum, while negative readings suggest declining momentum. Chaikin Money Flow (CMF): CMF measures buying and selling pressure by analyzing volume and price movement. Signal: A positive CMF indicates accumulation (buying), while a negative CMF indicates distribution (selling). Accumulation/Distribution Line (A/D): Tracks the flow of money into or out of an asset by analyzing volume and price close relative to its range. Signal: Rising A/D suggests accumulation (buying), while falling A/D suggests distribution (selling). How to Use Volume Indicators Confirm Trends:\n - Use volume to validate price movements. For example, a breakout above resistance is more reliable with strong volume.\n\n2. Spot Divergences:\n - If price moves up while volume decreases, it could indicate a weakening trend and a potential reversal.\n\n3. Detect Breakouts:\n - Sudden spikes in volume often accompany significant price breakouts from consolidation patterns.\n\n4. Evaluate Trend Strength:\n - Increasing volume during a trend suggests strength, while declining volume signals weakness. Limitations of Volume Indicators False Signals: High volume alone doesn\u2019t guarantee a sustainable price move.\n- Market Context Needed: Volume behavior differs across asset classes (e.g., stocks vs. cryptocurrencies).\n- Timeframe Sensitivity: Volume signals can vary based on the chosen timeframe. By understanding and using volume indicators effectively, traders can gain a deeper perspective on market dynamics and improve decision-making.
GBPAUD is currently trading at 1.981, with a target price set at 2.000, indicating a potential gain of over 200 pips. The market analysis is based on the support and resistance pattern, which suggests key price levels where the pair may react. Currently, the pair is in a retesting phase, meaning it is testing the resistance level after a previous breakout or price movement. This retesting phase helps confirm whether the resistance holds or breaks. If the resistance holds, it signals a potential reversal, leading to a price drop. Traders are advised to closely monitor this retesting period for confirmation before taking positions. A rejection at the resistance level could trigger a bearish move. Patience during this period is critical to avoid premature entries. This setup reflects a potential opportunity for experienced traders following technical analysis strategies.
SELL 1.66450 | STOP 1.67000 | TAKE 1.65830 | In local range price moving.
Rising interest rates, inflation, and the possibility of a global recession are creating a challenging environment for risk assets like Bitcoin. Investors may shift towards safer havens, leading to a decline in Bitcoin's price. - Short entry price at 100,049.81 - Stop loss at 107,208 - Target price at 85,757.95 AND 78,540.89
Comprehensive Analysis of TRU/USDT Overview TrueFi (TRU) is an innovative project in the decentralized lending space (DeFi Lending) that enables collateral-free lending. The TRU coin is among the low-market-cap cryptocurrencies, and due to its low liquidity and high volatility ?, it falls into the category of high-risk trades. For investing or trading this coin, risk management and attention to trading volume are essential. Current Market Situation Downtrend Channel: ? TRU’s price is currently in a downtrend channel and is heading towards the bottom of the channel. Weekly Support Zone: The range (0.0605 - 0.0662) acts as a key support level. Although there is a possibility of a drop below this range, a quick rebound (Fake Breakout) from this zone could signal a safe entry. ? Trading Volume: ? If the volume increases when the price bounces from the channel’s bottom, the likelihood of price rising to the top of the channel strengthens. Traders should pay close attention to volume near the support range. RSI: ? RSI Support Zone: The range (41.24 - 44.19) could prevent further decline. A breakdown of this zone could lead to a deeper drop. Breaking the 50 RSI Zone: A move above this level could indicate a strong upward move, providing a good entry opportunity. ? Upcoming Scenarios Bullish Scenario: ? Bounce from the Bottom of the Downtrend Channel: If the price stabilizes in the support range (0.0605 - 0.0662) and trading volume increases, an upward move to the top of the channel becomes likely. Breakout of the Downtrend Channel’s Top: If the top of the downtrend channel is broken, the price could reach the target range (0.2258 - 0.2702). Given TRU's low market cap, heavy liquidity inflow could push the price beyond this target. ? Bearish Scenario: ⚠️ Loss of Weekly Support: If the range (0.0605 - 0.0662) is lost, the next support is at 0.0400. Traders should set appropriate stop-loss orders to mitigate risk. ? Weakness in RSI: A breakdown of the support zone (41.24 - 44.19) in the RSI could signal a continuation of the downtrend. ? Range-Bound Scenario: ⏸️ If the price remains within the weekly support zone and trading volume decreases, a short-term range-bound movement may develop. ? Stop-Loss: For long trades, set the stop-loss below the 0.0600 range. ❌ Trade Volume: Given the high risk, it is recommended to allocate only a small percentage of capital to this trade. ? Summary TRU, considering its technical setup and position in the downtrend channel, can present promising trading opportunities. However, due to its low market cap and high volatility, risk management is crucial. ⚡ Recommendation: Always review fundamental factors and project-related news before making any decisions. ? ⚖️ Warning: This analysis is purely technical and should not be considered financial or investment advice. Always do your own research and practice risk management. Good luck! ?
Good morning ladies and gentlemen hope you had a wonderful weekend. We start off the week with this setup on EU which I see four possible outcomes. I would prefer seeing a deeper pullback into the 50% first before we start seeing bullish action but if that does not happen I will flow with the market towards the high. We have three key areas to look for confirmation from and that's the 1H FVG above the OBs, the 4H OB and the 1H OB. Skilled traders can look to trade with the internal structure, counter the 1H swing, into the key areas. Hope this helps you out, follow your plan and keep good risk management
Good morning, Traders! Hello everyone! BTCUSD Analysis: Long Opportunity in Accumulation Zone The Bitcoin market is in an accumulation zone, indicating a potential buying opportunity. Key Points: _Simple Moving Average (SMA):_ $101,398 _RSI:_ Oversold (below 25) _Lower Low Indicator:_ Suggests a trend reversal _Accumulation Zone:_ $98,500 _Support:_ $96,500 _Recommendation:_ Go LONG on BTCUSD Target Levels: _1st Target:_ $104,000 _2nd Target:_ $107,000 Trading Strategy: Consider going long on OANDA:BTCUSD , with a stop-loss to be determined based on individual risk management strategies. Please LIKE and COMMENT below if you find this analysis helpful! Your feedback is greatly appreciated! Have a great trading day! Hope my idea will be profitable for you ? Best wishes Tom ?