Over the past month, BINANCE:XRPUSDT soared to the $2.00 mark. Since then, the price has been fluctuating around this level. On the daily chart, it's moving sideways and forming a triangle pattern. While this pattern often signals a continuation of the trend, I think the price may dip below the key $2.00 level to take liquidity. This could create a good buying opportunity for bulls after a healthy retracement. I anticipate the market will form a "fakey" pattern, which typically involves a false breakout of the triangle. My goal is support zone around 1.9690 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ??
So US30 hit a beautiful double bottom creating a 4HR Divergence pushing price back up 1st breaking a 1hr trendline propelling it all the way back up from the news drop now we’re slowly making higher lows looking like we will break to the upside BUT keep in mind Bearish scenario #2 (drawn in RED) is possible since we still are under the daily/weekly trendline/resistance level in Bearish territory UNTIL we break 43.400 to the upside.. if that happens expect a beautiful Bullish Rally going into January.. May the markets be on our side !!
USDCAD appears to be consolidating in the form of a triangle pattern. Based on my wave count, the pair is currently completing Wave D within the structure. And, after Wave E concludes and there is a confirmed break above Wave B, I anticipate further upward movement. Triangles often signal a pause in the market before a continuation of the prevailing trend. In this case, the bullish breakout scenario aligns with the broader market dynamics. Should monitor the completion of Wave E and watch for a decisive breakout above the resistance formed by Wave B, as this will confirm the upward trajectory and provide an opportunity for long positions.
VIBUSDT (Viberate) Daily timeframe range. this thing absolutely on roll. it had a really well retrace back from its local low. very close to price discovery level. breaking that clean will ensure outperformance. recent support at 0.10234.
a coin out of sui eco that hasn't performed that well since launch, maybe its time now for it to shine? speculating too much on it forming an inverse head and shoulder, risk is high so long we are under this downtrend. i have bought small size here will add more once we have follow on ltf & some better price action
My favorite strategy all. parameter set. weekly, monthly RSI above 60. and daily RSI taking support on 40. This is the perfect setup for like this valuable stock This is lucky chance and very good for a steady purpose. One can see. profit potential for future
On this trading day, gold traders OANDA:XAUUSD will need to focus on data on initial jobless claims in the US, which could have an impact on market trends in the short term. The seasonally adjusted number of Americans filing for unemployment benefits for the week of December 21 will be released today (Thursday) and is expected to be 224,000. Data released last week showed initial jobless claims in the United States fell from 242,000 to 220,000 in the week ended December 14, below expectations of 230,000, showing signs that the labor market movement is still steady. If the latest initial unemployment claims turn out to be lower than expected, this will have a positive impact on the US Dollar and a negative impact on the price of gold and major non-US currencies. https://www.tradingview.com/chart/XAUUSD/8kfTXooY-GOLD-trading-liquidity-is-low-during-the-Christmas-holiday/ Analysis of technical prospects for OANDA:XAUUSD On the daily chart, gold has recovered from the technical level of $2,613, but the recovery is still limited by the upper edge of the price channel, along with the nearest resistance level noted at the 0.618 Fibonacci retracement point. % and EMA21. Considering the current price position, gold still has a technical outlook of falling in price with the main trend being noticed by the price channel. On the other hand, the Relative Strength Index has not yet surpassed the 50 level, the 50 level is considered resistance/support depending on the position of the RSI and on the current daily chart it is considered a resistance. In the short term, if gold falls below the technical level of $2,613 it will have room to fall a bit further with a target level then around $2,600 and more to the $2,592 price point of the 0.786% Fibonacci retracement. . As long as gold does not break above the price channel, with price activity stabilizing above the EMA21, it remains biased to the downside, with notable levels listed below. Along with that, using POC Volume Profile, at 2,646USD there is also a large trading volume, this position should also be considered a technical resistance. Support: 2,613 – 2,600 – 2,592USD Resistance: 2,634 – 2,646USD SELL XAUUSD PRICE 2651 - 2649⚡️ ↠↠ Stoploss 2655 →Take Profit 1 2644 ↨ →Take Profit 2 2639 BUY XAUUSD PRICE 2589 - 2591⚡️ ↠↠ Stoploss 2585 →Take Profit 1 2596 ↨ →Take Profit 2 2601
NEW UPDATE H1 GBPUSD according to my analysis gbpusd going to fly gbpudg going up and up Now price of GBPUSD 1.25237 Entry point ? 1.25237 Target 1) 1.25865 Target 2) 1.26398 Target 3) 1.27019 Stop LOSE 1.24765 Trade with your own risk
BINANCE:SLFUSDT ✔︎ENTRY : 0.3258 TO 0.3148 ?TARGETS : ✔︎T1 : 0.3685 ✔︎T2 : 0.4311 ✔︎T3 : 0.5248 ✘STOP : 0.2811 ?Reason for this trade: This trade gives my trading system a sign of strength: • My trading system is based on liquidity and reversal zones. • When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side. The liquidity will attract the price like a magnet. • the first side that has been swept: 1- flip zone 2- range low 3- price reclaim HVN volume profile • Opposite side targets: 1- FVG 2- range high 3- mid range ?Entry setup 1- reclaim HVN + FLIP ZONE ⚠️WARNING: • I'm not a financial advisor. • Do your own research (DYOR).
In the long term, we had a break that is currently pulling back to the broken area. Just considering the market conditions, if the green box breaks in the short term, it is recommended to buy at the green points and lines in the medium term. So now the green box is important for us. And I also put 4 lines as resistance above it so that if it wants to make a move and become support, it will react to those red lines in the short term. So be careful.