Based on price action and market structure. Look to get down around 603 before looking long. unless we see a bullish FVG above recent High
BTC reached a good zone to try to open a scalp long, good luck
##GBPUSD.. perfect move as you can see our last idea regarding pound and now market just reached near to his resistance area that is around 1.2330-40 keep close that region and if market hold it in that case you can see a drop from here. and keep in mind that above that region we will go for cut reverse on confirmation. good luck trade wisely
USNAS100 Technical analysis The price has reversed from the resistance zone and is currently trading below it. To confirm a bullish trend, it is essential for the price to stabilise above this resistance zone by closing with a confirmed candle above it, potentially reaching the level of 22,400. However, as long as the price remains below this zone, there is a higher likelihood of testing the support level at 21,570. If this support level fails to hold, the next target would be the support at 21,370. It is important to note that the support at 21,570 is a significant level that may provide enough strength to push the price upwards.
The US dollar index broke out of a 462-day-old wedge pattern in November 2024, targeting 111.93. After triggering the pattern, it retested the breakout and resumed its upward movement. The bullish outlook remains valid as long as the price stays above 105.08. However, in the short term, traders are watching the 107.22 level, which aligns with the December 20th low. As long as the price holds above this level, the short-term uptrend remains intact, and the index could approach 109 by the end of next week. However, a break below 107.22 could push the price down to 106.35, or even 106. What’s your view on the dollar index? This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Potential wyckoff model 1. I'm waiting for another deviation of the high and a tap in the supply zone from december 18. I would enter a short with a BOS.
I am having a bearish outlook for EURUSD. I've had this setup for5 hours now, I believed it was late but looks like price is slowly lurking on our entry point 1.0435, targeting 1.35 below.
Egyptian local Gold prices expected for next 3 to 5 years
NZDCHF (2H Timeframe) Analysis Market Structure: The price is trading within a defined channel pattern, indicating consistent lower highs and lower lows. Additionally, a sell engulfing candlestick has formed near the upper boundary of the channel, suggesting strong selling pressure and a potential reversal toward the lower boundary. Forecast: A sell opportunity is anticipated as the price reacts to the sell engulfing area near the channel resistance, signaling a likely move toward the channel's support. Key Levels to Watch: - Entry Zone: Near the sell engulfing area after confirmation of continued bearish momentum. - Risk Management: - Stop Loss: Placed above the channel resistance or the high of the sell engulfing candlestick. - Take Profit: Target the midline or lower boundary of the channel for potential downside movement. Market Sentiment: The combination of the bearish channel and the sell engulfing pattern indicates strong bearish sentiment, with sellers likely to maintain control. Waiting for confirmation ensures alignment with market momentum before entering the trade.
Here is the trading plan for the Trump token; look at it. If it makes sense to you, set your limit order now. For spot purchases, you can buy BINANCE:TRUMPUSDT tokens. Please understand the risk and manage it correctly. Technically, $30 is a good entry. You can start your DCA from this point and wait for harvest. Carefully go through the analysis for important entry levels for your spot bags. Good traders don't act blindly. If you like my analysis, follow me now, and like my idea. If you have a contrary opinion, leave a comment below.