This chart depicts the price action of Gold (XAU/USD) on the 1-hour timeframe using Heikin Ashi candles. Below is the description: 1. Key Levels: Stop Loss (Red Line): Positioned at 2671.01, this represents the level to exit the trade if the market moves against the position. Break Level (Gray Zone): Around 2660.28, this acts as a potential confirmation area for a trend change or continuation. Target (Blue Line): Set at 2630.71, indicating the take-profit level. 2. Trend Analysis: The price has been fluctuating within an upward green channel before breaking downward. The yellow highlighted zone shows consolidation or a potential pullback area before the expected move. 3. Prediction: Blue arrows suggest an anticipated bearish movement. The price is expected to retest the break level (2660.28) before dropping toward the target of 2630.71. 4. Trading Plan: Short position from the break level with a target at 2630.71. Risk management with a stop loss at 2671.01. This chart appears to focus on a bearish setup, with the assumption that the price will follow the outlined downward movement after retesting resistance.
SELL LIMIT GBPNZD @2.22996 TP1@2.18582 TP2 @2.15421 STOPLOSS @2.24034 gooduck family use proper risk management , ever since its a swing trade
reversal level and we have 1M 1W & daily momentum confirmation
USUAL breakouts the parallel channel and my target is 20% in upside. DYOR before you take trade!
Gold respected my analysis quite well and should go up to the point I marked. Just as expected...It respected the 61.8 and 78.6 zone of the Fibonacci, which is a valid area.
? Hope everyone had a wonderful holiday and Christmas season! ? As we step into 2025, let's analyze the BTCUSD market with a macro lens, integrating technical levels that could shape the next moves. ? ? Current Market Context Bitcoin remains in a bull market, and the structure suggests that higher prices are likely in the medium-to-long term. However, short-term corrections may still occur, offering opportunities for strategic entries. Here's my roadmap for the weeks ahead: ? Key Levels to Watch Local Range High & Low (White lines): These define the immediate support and resistance levels for BTC. A breakdown toward the Local Range Low (~$92,000) could present a buy opportunity, especially if we see strength. Monthly VWAP (Green line): The level at $93,100 aligns with a potential long setup if BTC retraces to this zone. A confluence of strength here could mark the start of the next leg upward. November VAL (Purple line): This level holds significance due to high November volume, the second-largest after March's explosive candle. I expect these levels to act as strong support in the medium term, particularly around $86,500. Weekly Level ($104,700) & Daily NPOC ($105,300) (Yellow lines): These are potential zones for short-term pullbacks on smaller timeframes. I’ll monitor these closely for any rejection signs. CME Gap (Blue line): With a gap at $77,900, BTC has an underlying magnet. While unlikely in a strong bull market, gaps hold significance for longer-term setups. ? Harmonic Pattern in Play A bullish harmonic pattern is developing in the local range. The pattern supports the thesis for a temporary bullish bounce and aligns with my macro view for higher BTC prices. ? Strategy & Plan Short-Term (Hours to Days): Watch for strength around $93,100 (Monthly VWAP) for a long entry. Immediate targets: $99,600 (Local Range High) and $104,700 (Weekly Resistance). Medium-Term (Weeks to Months): Respect the November VAL (~$86,500) for any potential deeper correction. The overall structure supports continuation to $104,700+, with potential to fill higher targets beyond $110,000. ? The Bigger Picture Markets remain dynamic, and as always, new information changes everything. None of us have a crystal ball, but respecting key levels and trading with a plan allows us to adapt to the market's rhythm. ? ? A Quick Shoutout I've also added my project website Sawlana.com and the official Twitter (@SawlanaOfficial) to this post. This is my way of sharing the journey of GETTEX:SWA , a 100% fair-launch meme coin running on the Solana blockchain. ? Feel free to explore if you're curious about the future of memes in crypto. ? Let’s make 2025 an amazing year for trading and innovation! ? Trade safe, StihlBtChainSaw
https://www.tradingview.com/x/eWgRH5F6/ Hello, Friends! EUR/CHF is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.932 level. ✅LIKE AND COMMENT MY IDEAS✅
https://www.tradingview.com/x/kPIbCE2h/ There could be a retracement to $4 for NEAR.
US100 is currently pulling back to the upside after experiencing a strong sell-off yesterday. As of now, the indice is pulling back up and may try to touch 21350-21500, depending on where the current pullback subsides. If the bullish pullback is successful, bearish pressure may continue targeting the respective low and complete the current correction phase. However, stability above 21500-21700, may see a bull run.
The Reliance stock looks good for long. Its target I have shown in the picture. Thank You. Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose