Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few moments ago declined inside the downward channel, where it broke the 1.0485 level, which coincided with the seller zone. Then price exited from the channel and continued to fall in a broadening wedge, and later reached a support level, which coincided with the buyer zone. Euro some time traded near and then started to grow to a resistance line of wedge. When the price reached this line, it turned around and started to decline. So, in a short time, the EUR declined to the 1.0345 support level, broke it, and declined to support line of the broadening wedge. But a not long time ago it turned around and rose to support level back. Also recently, the Euro broke this level and now trades very close, so, in my mind, the price can rise a little more, after which starts to decline. Firstly price can decline to the support level, break it, and make a retest, or at once continue to decline without retesting inside the broadening wedge. For this case, I set my TP at 1.0240 points. Please share this idea with your friends and click Boost ?
Bullish breakout: Entry price 604.63 Take Profit 902.66 Stop Loss 493.37
THE dollar has remained near 109 holding at its highest level in more than 2 years. as investors prepare for the release of key Labour market data this week , we may see pairs go up and dollar correct a little. good luck and happy new year
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (MNST 1W chart) https://www.tradingview.com/x/geAzlBWM/ If it falls from the HA-High indicator and meets the HA-Low indicator, it can be interpreted that the wave has been initialized. If it falls below the HA-Low indicator, it is likely to show a stepwise downtrend. However, since it meets the HA-Low indicator, it will eventually form a bottom area. Therefore, the 50.93-52.95 area is an important support and resistance area. - (1D chart) https://www.tradingview.com/x/9bZxlERQ/ If possible, the point to watch is whether it can be supported around 51.92-52.95 and rise above 53.77. If it falls below 50.93, you should check whether it is supported around 48.80. If it is supported around 53.77, you should check whether it is resisted around 55.32-55.96. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
Sellers are back dominating the SUI coin near the local resistance zone, which might push back the price to fill that smaller CME gap and possibly re-test the 200EMA. We are waiting for proper MSB to form here and once we get one, we will look for a smaller downward move to happen here! Swallow Team
EURCHF (1D Timeframe) Analysis Market Structure: Trendline Resistance Breakout: The price has broken above a key descending trendline resistance, signaling a potential shift towards bullish momentum. Forecast: Buy Opportunity: The breakout suggests increased buying interest, with expectations for further upward movement if the price sustains above the broken trendline. Key Levels to Watch: Entry Zone: Consider buying after confirmation of the breakout or on a retest of the trendline as new support. Risk Management: Stop Loss: Placed below the broken trendline or recent swing low to minimize risk. Take Profit Zones: Focus on the next resistance levels or Fibonacci extensions for potential targets. Market Sentiment: Bullish Bias: The breakout indicates a potential trend reversal, favoring buyers as long as the price remains above the trendline support.
#TWT The price is moving in a descending channel on the 1-hour frame and sticking to it well We have a bounce from the lower limit of the descending channel, this support is at 1.23 We have a downtrend on the RSI indicator that is about to break, which supports the rise We have a trend to stabilize above the 100 moving average Entry price 1.24 First target 1.268 Second target 1.288 Third target 1.31
I bought DEEP in stages in the orange square zone all under $.009. The price reached 0.18 and 4H stochastic, and 1H MACD and RSI presented strong negative divergence. Therefore, I took my initial profit. I will wait for the price to correct and hopefully comes down to Fib 0.5 Level at $0.140. if momentum indicators reset for the upside move in that region, I will consider to buy more.
New Year, Renewed Energy — Critical Levels and Strategies for the Week Critical Levels Se detailed image below: https://www.tradingview.com/x/KZuyAxLS/ Above 5940 (HVL): Expect some “chop zone” between 5940 and 6000, but with a generally bullish bias based on our Auto-GEX Profiles until friday. Above 6000: A gamma squeeze could ignite by Friday, pulling the index toward the next major resistance. Below 5900: Significant bearish momentum may take hold, targeting around 5800 (PUT support), though this scenario seems less likely right now. Gamma Conditions Short DTE options (0–2 days) exhibit positive gamma, which tends to buoy prices and make steep sell-offs more difficult. There’s notable IV skew in the very near-term expirations (01/08–01/09). Consider focusing on the Friday (01/10) and Monday (01/13) expirations for timespread strategies. Summary Upside: Holding above 5940 supports a move toward the 6000 target. Above 6000: A gamma squeeze could propel the SPX higher. Below 5900: Watch out for a stronger bearish move toward 5800. IV and skew may be erratic this week, but the positive gamma backdrop favors upside momentum. There are several announcements due this week. If price whipsaws around these times, remember it’s often directly tied to those scheduled news releases—try not to panic. Wishing everyone a responsible and successful year of options trading in 2025!
Bought at 111$ during the cup formation and added a bit more just now arround 112.70$ during the handle. LTC is going to pump like a 2017 coin.