Price has been rising this week and currently trade at $75.797 per barrel. A buy opportunity is envisaged as price May likely continue to rise. Our target profit is $78.00 price level.
? Potential Breakout Alert – TTML ? ? Buy Setup Identified: ? Buy Above: 79.26 ? Target (Sell): 149.01 (+86.69%) ? Support Zone: Strong trendline support near current levels. ? Pattern Insights: The stock has been consolidating in a tight range and is now at a critical breakout level. A move above 79.26 could trigger a strong rally towards the target of 149.01. ✅ Action Plan: 1️⃣ Wait for a breakout above 79.26 for confirmation. 2️⃣ Maintain strict discipline with stop-losses. 3️⃣ Target the upward trend potential for significant gains. ⚡ Risk Management is Key – Trade with Caution and Clarity! #StockMarketAnalysis #TTML #BreakoutStrategy #SmartTrading
US500 is showing potential for a bearish continuation. Recent lower highs (LH) and lower lows (LL) signal weakening momentum, and a clear downtrend line has formed. The current price of 5789 sits below key resistance, with increasing volume on price declines suggesting further downside pressure. Entry Zone: Around 5789 Stop Loss: 6045 (above the recent swing high) Profit Targets: 5748 5695 5650 This idea targets short-term movements within the downtrend. With proper risk management, this could be a favorable opportunity for those aligned with the bearish setup! ?
Gold is expected to make a sell move today. Please, do your own research. Not an investment advice
? Gold rises towards $2,660 Yesterday, gold (XAU) rose by 1.32%, continuing an upward trend that started at the end of December. ? Possible effects for traders Meanwhile, the U.S. Dollar Index (DXY) hit a new multi-year high of 109.530 on Thursday, limiting the potential gold gains. At recent Federal Reserve (Fed) meetings, the central bank indicated it would lower interest rates less aggressively than anticipated. This suggests a shift towards a more restrictive monetary policy. The more hawkish stance is driven by uncertainties surrounding the economic policies of the incoming Donald Trump administration. According to several sources quoted by Axios, U.S. President Joe Biden has discussed the possibility of a military attack on Iran's nuclear facilities in case of unforeseeable circumstances. The U.S. is concerned that Iran could make significant progress in its nuclear program before Donald Trump's inauguration on 20 January, during the transition between administrations. Thus, geopolitical tensions are the main factor driving gold prices upwards. Following last year's significant XAUUSD growth, increased gold demand is expected further in 2025. During the Asian trading session today, XAUUSD was moving within a narrow range. The price rose yesterday and hit the resistance level of $2,660, so now XAUUSD may correct towards the support level of $2,640. Today, the U.S. ISM Manufacturing Purchasing Managers' Index (PMI) report will come out at 3:00 p.m. UTC. A higher-than-expected figure may put downward pressure on gold, while weaker data may support XAUUSD upward trend. Note = Follow And Like for more Update
Gold has formed a valid ascending channel in blue with more than 3 touches and broke it so we're now in a bearish trend on M30 timeframe with a small stop loss at 2668 Happy trade fam Follow us or more ideas and updates
Good morning dear traders: Explore today's Gold trading zones and enhance your market knowledge.
Todays GBPJPY trade idea, higher timeframes are bearish (monthly and weekly) with Daily soon to turn (4,1 and 30 min bearish also) will wait for it to retest daily zone of interest (top yellow) before taking a sell. First target is lower daily level of interest highlighted in yellow at the bottom, before creating a new lower low.
Potentially a bearish pennant forming. Awaiting further confirmation before entering.
BINANCE:ETHUSDT ? Long Setup Entry : Going long at the range bottom – 3285 Take Profit : 75% at the range top – 3495 Let the remaining 25% ride for extra upside Stop Loss : Tight below the bottom – 3210