Price showing signs of strong momentum. We look for the pullback to take the trade.
Hi there, Just posting an update to my recent BINANCE:XRPUSDT analysis, the price has seemed to form a falling wedge on the 4-hour timeframe. I believe that we will see a bounce at around $2.00 level with the target being $2.34 - RSI seems to be just touching oversold region. As for the bullish pennant that is still currently being formed on all timeframes including longer ones, I am expecting the target to be $4.96 possibly touching $5.00 XRP is still looking healthy and is still respecting the ascending support and descending resistance of the symmetrical triangle. Thank you for taking the time to view my analysis, feedback would be greatly appreciated.
Sorry guys, Singapore opening in 10 mins, not much time to elaborate but everything is on the chart. Trade safe!!
This chart illustrates a demand zone analysis on the XAU/USD (Gold) market, showcasing a strong reversal pattern after price tested a key demand zone (highlighted in purple). The marked zone represents a high-probability area for potential buy opportunities, with the price reacting positively and pushing upward toward a defined target at $2,638.30. The trade setup includes: Demand Zone: A previously tested support level between $2,606.47 and $2,611.53. Risk-Reward Profile: A conservative entry around $2,611.53, targeting the $2,638.30 resistance zone while maintaining controlled risk below the demand zone. Market Context: The upward move follows significant price compression, making this setup favorable for short-term buyers aiming to capitalize on momentum. This technical insight is ideal for traders focused on trend reversals and zone-based trading strategies.
We are back for one last market update before 2025 is here! Due to low market volume we still have the same markup here on EU this brings us to the same ideas and same setups the we had from last week, because we are so close to the new year we know volumes are low and liquid will not likely be running at its normal levels leading us to believe, these areas may remain into the new years trading session. *last weeks markup information for more context on the chart. EUR/USD Update: Final Week of Trading Before the New Year As we head into the last week of trading before closing shop for the year, here’s a recap and outlook: Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected. Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows. Currently, we have a potential high forming near the centre of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower. Stay disciplined, trade your plan, and manage your risk.
? Intraday Trading Opportunity with STEEMUSDT! ? ? Market Overview: STEEMUSDT is positioned for a quick short-term move based on signals from the H4 timeframe, presenting an excellent opportunity to capitalize on intraday momentum. ? Trade Plan: ? Entry: $0.27 - $0.30 – Accumulate within this range to secure a strong position. ? Target: +20% to +30% – Short-term profits aligned with intraday price action. ⏳ Hold Time: Intraday – Close positions by the end of the day, aligned with the new H4 cycle. ? Strategy Insights: Wave-Riding Strategy: Focus on cash flow within the day, leveraging new momentum signals on H4. RainBow MG3 Indicator confirms strong probability for quick upward movements in the short term. ? Next Steps: ? Contact me if you need tailored advice or deeper insights. ? Note: This is not financial advice. Always DYOR before trading. ? STEEMUSDT is set for intraday gains – Execute with confidence! ?
Price showing signs of strong momentum. We look for the pullback to take the trade.
Watch out for this stock in the short term - May deliver significant potential upside. Note: This is not a recommendation or investment advice, just a stock to watch. Do your own research.
Price showing signs of strong momentum. We look for the pullback to take the trade.
I think INJ will go lower and bounce in my orange box. If it goes there I will add more.