NASDAQ:META weekly: bullish engulfing candle daily: bull flag breakout & close above 9/21 EMA Targetting equal highs and more optimistic new ATHs
Targeting at least a 38.% retracement in Oil after the completion of an ABCD harmonic pattern. Trend still bullish but we always Trade what we see with good risk management. Keep stop losses tight and we will add positions at the sign of a retracement.
Weekly Analysis Update Looking ahead for the year, the weekly timeframe shows that price remains within a long-term uptrend channel. I’ll be shifting to lower timeframes to identify trade opportunities, applying both my trend-following and counter-trend strategies. To maximize returns, I’ll incorporate my profit-enhancing techniques. Always consider all possible moves the price can make and focus on trading the one with the highest probability of success. Patience and precision are key to staying ahead in the markets. Stay tuned for updates as opportunities unfold!
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 21,388.20, an overlap resistance close to the 50% Fibonacci retracement. Our take profit will be at 20,866.82, a support level. The stop loss will be placed at 21,771.47, which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
The AUD/CHF 1-hour chart signals a potential bullish continuation as price trades above the Kijun-sen (blue) and Tenkan-sen (red), while remaining well above the Ichimoku cloud (Kumo), confirming bullish momentum. The green Kumo ahead highlights further upside potential, with Fibonacci support at 0.56450 (61.8%) holding firmly. A break above 0.56650 (23.6%) could target 0.56950, while a stop-loss below 0.56300 ensures a favorable risk-to-reward ratio.
Weekly Analysis Update Looking ahead for the year, the weekly timeframe shows that price remains within a long-term uptrend channel between speedlines. I’ll be shifting to lower timeframes to identify trade opportunities, applying both my trend-following, speedline trading, and counter-trend strategies. To maximize returns, I’ll incorporate my profit-enhancing techniques. Always consider all possible moves the price can make and focus on trading the one with the highest probability of success. Patience and precision are key to staying ahead in the markets. Stay tuned for updates as opportunities unfold!
Gold is falling down but there is previous breakout at the 2630 level we will try to buy from there target will be 2660 use your stop loss to 2625 please support my work by like / boost my idea and comment your thoughts in comments please manage money management trade at your own risk Best wishes Tom ?
The confirmation for each model will be a 5m change in MS with follow through. ?Enquire for 121 lessons / academy #500FOLLOWERS ? #500GIVEAWAY ?
MNQ Trade targetting buyside liquidity. Give me a like and Follow if you enjoy this type of content and would like more. I will be working heavily on getting funded and sharing my trading journey with other aspiring day traders. Looking forward to this new trading week! WHOS EXCITED, COMMENT DOWN BELOW ?
hello trader's. what do you think about gold. current price: 2637 gold Friday reject 2664 resistance and h4 closing 2640 this support area today gold support area breakout i think gold fall down first support 2627 and demand zone 2619 resistance zone: 2640.2647 support zone: 2627.2619 please like comment and follow