This Weekly FORECAST Opportunity for WBA. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
https://www.tradingview.com/x/w6U9k4Hz/ Hello, Friends! GBP/JPY pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 1D timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 194.042 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅
This Weekly FORECAST Opportunity for ARMADA. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
Yello, Paradisers! #DOTUSDT is gearing up for a major move, but will it be a breakout to new highs or a collapse to lower levels? Let’s dive into the current setup of #Polkadot: ?#DOT is trading within a falling wedge formation, a classic bullish reversal pattern often seen before significant price surges. Over the last few weeks, we’ve seen multiple liquidity sweeps at lower levels, where impatient traders got shaken out. These sweeps usually hint at a potential breakout, but confirmation is still key before making any decisive moves. ?#DOTUSD faces strong resistance near $8.00, which aligns with the upper boundary of the falling wedge. For bulls to take control, the price must close above this level on the 8-hour timeframe. A breakout here could trigger a powerful rally toward the $11.00–$11.5 major resistance zone, where sellers are likely to step in. ?The first significant support level sits at $6.41, an area where buyers have consistently entered the market. If this zone holds, it could serve as a springboard for the next upward move. If #Polkadot closes below $6.41, the next major support lies between $5.80–$5.34. ?A close below $5.34 would signal a breakdown of bullish momentum, increasing the likelihood of a prolonged bearish phase. The bears will take control of the price movement and it will fall to lower support levels. Stay focused, patient, and disciplined, Paradisers? MyCryptoParadise iFeel the success?
Pancake coin seems to head toward the smaller upper resistance zone where we are looking for the next stop to be at $2.9 (which is 15% away from the current price). This small push would be an ideal target after a successful MSB we formed in smaller timeframes, so let's see how we end up here! Swallow Team
This Weekly FORECAST Opportunity for NOTION. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
LTC / USDT Chart looks the same like XRP just before the major move in November (broke out major accumulation phase and retested ) This is a possible playout in coming days/weeks Keep ur eye on it
Market Structure and Key Zones 1. Liquidity Zone (LIQ): - Highlighted at the top where stop-loss orders are potentially clustered. This area serves as a liquidity pool for smart money to target before reversing the price. 2. Change of Character (CH): - Identified in multiple zones, indicating a shift from bullish to bearish momentum. The initial CH is key to signaling the transition in trend direction. 3. Break of Structure (BOS): - Occurs twice, confirming the bearish trend continuation. These BOS events validate the structural weakening of bullish momentum. 4. Retracement Zone: - Post-BOS, the market retraces toward a premium zone (liquidity point), creating an optimal entry point for short positions. Traders are advised to look for entry confirmation here. _____________________ Entry and Exit Strategy 1. Entry Point: - Suggested at the retracement toward the liquidity pool (marked "LOOK FOR LIQUIDITY AS ENTRY POINT"). This is near the stop-loss (SL) cluster where institutional traders manipulate price for liquidity. 2. Stop Loss (SL): - Positioned slightly above the liquidity zone to protect against false breakouts or sharp reversals. Take Profit (TP): 3. Two TP zones are marked: - TP-1: Near 0.55918, capturing a portion of profits and reducing risk exposure. ___________________________ Continuation and Confirmation *Bearish Continuation: - Price action suggests further downside after completing the retracement and liquidity sweep. Breaks of structure confirm bearish dominance. Criteria: At least two breaks of structure (BOS) must occur for validation, as marked.
On the daily chart, BTCUSD closed out a bullish pinbar pattern yesterday, forming an upward breakthrough during the day. Currently, attention can be paid to the resistance near 102760. If it breaks through, it will continue to rise, with the upward target at 105360-108360. Currently, the effective support below is near 97320, and attention should be paid to the trading opportunities of going long on the pullback.
We had this outlined and marked up for months, I even shared posts on my Instagram of my bias before XRP broke the $3 Old highs and created all time new highs. I did state I wasn't sure if XRP was going to enter a consolidation in the $2 area, which id did for a bit before exploding higher. I am excited to see what 2025 brings to this asset class.