TVC:USOIL Mastering WTI Crude Oil with SMC & ICT Strategies: Key Buy/Sell Zones Analysis: Price Action Strategy: Support and Resistance Levels: Support: Around 69.20 (Equal Lows) Resistance: Around 70.50 (Swing High) Trend Analysis: The price is currently in a downtrend, indicated by lower highs and lower lows. Candlestick Patterns: Look for bullish reversal patterns near the support level for potential buy entries. Look for bearish reversal patterns near the resistance level for potential sell entries. SMC Strategy: Liquidity Sweep: A liquidity sweep is observed around 70.50, indicating a potential reversal zone. Fair Value Gap (FVG): An FVG is identified around 69.80, which could act as a magnet for price. Change of Character (CHoCH): Multiple CHoCH points are marked, indicating shifts in market structure. ICT Strategy: Break of Structure (BOS): A BOS is noted around 69.90, confirming a bearish bias. Fibonacci Retracement: Key levels: 0.786 (70.40719), 0.705 (70.292575), 0.618 (70.16947), 0.5 (70.0025), 0.382 (69.83553), 50.00% (69.57). Volume Profile: High volume nodes around 69.57 suggest strong support/resistance. Buy Signal: entry: 69.57 tp1: 70.00 tp2: 70.50 sl: 69.20 Sell Signal: entry: 69.20 tp1: 68.80 tp2: 68.50 sl: 69.57 Follow @Alexgoldhunter for more strategic ideas and minds
Touched my control price and rejected to the bottom of my green fair value area and bounced off of that right back to my control price. Expecting $12 price target into jan/feb 2025
CFX is near the test of its parallel channel support that lies around $0.15, bullish reversal can be expected around the test of the channel support, on the other hand, parallel channel resistance lies around $0.30 which is 100% in upcoming days.
NBP looks for another ride in 2025. But before riding in Q1 2025 it shall continue its short term down movement correction and then start the rally up.
Possible iH&S forming here. Siting on the neck line
Hi, How are you doing? Merry Christmas )) ** The used time frame is the daily and I would suggest to open the chart and zoom out, so all will be clearer than how it looks now. ** As you see, the index failed in making another 5th HL, as it went down than the 4HL already and intends to do a lower low currently. ** Have a look now on the blue curved line which points to high tops with high resistance points and they are both at my Fib 50% level! which adds another layer of resistance. ** Also have a look on the previous daily candle which ended up in green, but with an unfilled wick which I assume that it will be filled today when the index moves to the downside. ** The index continued in pushing up the price at the last few days, as a normal reaction after the past 2 bearish weeks. But NO WAY that it could go and close the day candle above the lower yellow line of the rising channel. And by looking at that yellow line, you would easily see that it acted as an uptrend line (as a normal thing of the lower line of the rising channel anyway) and then was broken then the pull back pushed the price up to the current level. but now we have the Fib level, plus the curved blue line tops which are all including the yellow line acting as extra huge and so powerful resistance zones to avoid the index from going more upwards. ** By looking at the daily uptrend line in purple which was not broken since 23.10.2023 that will have to be visited and more likely will be the point which the index is heading down to! ** Also when the index is going down starting from today, hopefully as planned, will mean too the breaking of the uptrend blue line and will send the index to its bottom and that will support the more my idea! ** By going further to my TP will mean a pullback to the red downtrend line which was finally broken by the daily candle of 23.12.2024 then it will act as a support zone to the index for sure! ** The red flag is the TP price where the purple line and the red line will be touched there. **********NOOOOOTE** It is important to monitor when the index reaches to the purple line on the daily frame and immediately close your short trades once it touches that uptrend purple line! whatever the price could be! as I expect an immediate bullish retrace once it touches it! Note: My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
possible structure in XAUUSD we can wait for good opportunity i recommended you long is gold becasue market countuesly running in buy trade at your own risk dont be greedy
FXOPEN:XAUUSD Gold Price Action Mastery: Precision Entries and Exits with SMC & ICT Strategies Price Action Strategy: Support and Resistance Levels: Strong support at 2,615.832. Resistance at 2,632.598. Trend Analysis: The price is in a consolidation phase between 2,615.832 and 2,632.598. Potential breakout above 2,632.598 could signal a bullish trend continuation. Smart Money Concepts (SMC): Order Blocks: Bullish order block around 2,615.832. Bearish order block near 2,632.598. Liquidity Zones: Liquidity above 2,632.598 (equal highs). Liquidity below 2,615.832 (strong low). ICT Strategy: Fair Value Gaps (FVG): FVG around 2,620.048 to 2,625.055. Optimal Trade Entry (OTE): OTE zone between 2,620.048 and 2,625.055 for potential long entries. Indicators: Volume Profile: High volume node at 2,632.598 indicating strong resistance. MACD: Bullish crossover indicating potential upward momentum. RSI: RSI around 60.41, indicating a neutral to slightly bullish sentiment. Follow @Alexgoldhunter for more strategic ideas and minds
This stock has been beat down this year due to declining revenue. Who cares about fundamental though?? As you can see from the chart, it has formed a very nice island bottom on the Daily, at what looks to be the end of a downtrend. I entered a long position @ $1.75 with a stop at $1.65. Top level resistance of the island is @ $1.97. RSI is getting stronger @62, if it can break resistance and support holds at @ $2, I expect this stock to shoot up fast. 1st TP zone is $3.70, 2nd TP zone is $4.20. Easy double up ??
? Quick Trade Opportunity with OGNUSDT! ? ? Trade Plan: Entry Point: Around $0.111 – Accumulate in this range for a strong setup. Target: +40% – Aiming for substantial short-term gains. Hold Time: Up to 3 days – Ideal for quick profit-taking. ? Strategy Insights: OGNUSDT shows strong momentum for a short-term move. Market conditions and volume trends support a quick upward breakout. ? Next Steps: Monitor Entry: Wait for confirmation near the target range. Set Take Profit: Secure gains at the 40% target. Follow Updates: Stay alert for any market changes during the trade. ? Note: This is not financial advice. Always DYOR before trading. ? OGNUSDT is ready for a short-term move – Position yourself wisely! ?