Quasimodo trading setup or QM is an advanced reversal pattern in which its formation signals the end of a trend, and most traders use its variants to improve trading results in the forex market. If u don't understand it, there is high possibility for stop hunting. u may heard HEAD AND SHOULDER pattern, yes? QM is exactly HAD (head and shoulder) and u can trade it at: FL'S _ S&D ZONES and SR lines. it is also a Great show for money back and u can short it at all. What invalidates it? only Do not ENG the first support.
Hello Treder's! check out my xauusd anaylsis, must share your ideas in the comment section about it Key Observations: Current Price: The current price of XAUUSD is around 2,614.00. BUY Target 2645/2665 Support Levels: Stronger Support Zone (2,600 - 2,602.5): This zone has shown to be a significant area where buying interest has historically emerged, preventing further price declines. If the price falls to this level, there's a higher probability of a bounce or reversal. Weaker Support Zone (2,610 - 2,612): This is a more immediate support area. If the price breaks below the current level, this zone might provide some temporary support. However, it's considered weaker than the lower zone. Resistance Levels: Immediate Resistance Zone (2,620 - 2,622.5): This is the most immediate resistance the price faces. A break above this zone could signal further upward movement. Stronger Resistance Zone (2,630 - 2,632.5): This is a key resistance area. If the price manages to break and hold above this zone, it could indicate a more significant bullish trend. Potential Scenarios: Bullish Scenario: If the price breaks above the immediate resistance zone (2,620 - 2,622.5) and holds, it could target the stronger resistance zone (2,630 - 2,632.5). A successful break above the stronger resistance could lead to further upside. Bearish Scenario: If the price breaks below the weaker support zone (2,610 - 2,612), it could fall towards the stronger support zone (2,600 - 2,602.5). A break below this stronger support could trigger a more significant downward move. Must share your ideas about xauusd in comment section and boost our chart and like share with your friends
?Hi! Hola! Ola! Bonjour! Hallo!? Dear Money Makers & Robbers, ? ? Based on ?Thief Trading style technical analysis?, here is our master plan to heist the "US30 / DJI 30" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ? So Be Careful, wealthy and safe trade.??? Entry ? : You can enter a Bull trade at any point, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss ?: Using the 2H period, the recent / nearest low or high level. Goal ?: 44,200.00 Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ?. Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news ? ?️. We'll wreck our plan by smashing the Stop Loss ??. Avoid entering the market right after the news release. Take advantage of the target and get away ? Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. ?Supporting our robbery plan will enable us to effortlessly make and steal money ?? Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?
EURUSD bleibt derzeit im Abwärtskanal und die Preisentwicklung zeigt einen stetigen und volatilen Abwärtstrend. Zuvor konsolidierte der Preis kurzzeitig seitwärts, nachdem er die untere Kursunterstützung des Abwärtskanals berührt hatte, was den Preisraum darunter weiter erweiterte und eine klare Kopf-Schulter-Break-Struktur bildete. Die Bildung dieser Struktur bestätigt den kurzfristigen Abwärtstrend weiter. Dem kurzfristigen Trend nach zu urteilen, hat sich EURUSD nach dem Zusammenbruch bis zu einem gewissen Grad erholt und repariert, aber seine Aufwärtsdynamik ist begrenzt. Die wichtigsten Widerstandsniveaus oben liegen bei etwa 1,046 bzw. 1,052, während sich die Unterstützung unten auf die Niveaus 1,033 und 1,030 konzentriert. Im Hinblick auf den Gesamttrend hat EURUSD seinen Abwärtstrend des stetigen Rückgangs fortgesetzt, was darauf hindeutet, dass die Short-Kräfte im Markt immer noch dominieren. Basierend auf der Analyse aktueller Trends und Schlüsselpunkte wird empfohlen, sich auf Leerverkäufe bei Rebounds zu konzentrieren, Stop-Losses strikt festzulegen und auf den Zusammenbruch wichtiger Widerstands- und Unterstützungsbereiche zu achten, um potenzielle Marktschwankungsrisiken zu bewältigen.
Die Investition in eine Long-Position auf NZD/USD wird durch eine technische Analyse unterstützt, die auf Schlüsselindikatoren basiert, die auf eine mögliche Umkehr oder Erholung des Preises hinweisen. Auf dem 4-Stunden-Chart zeigt der Preis nach einer langen Abwärtsphase Anzeichen einer Konsolidierung, wobei die Konstellation einer Erholung förderlich ist. Die gleitenden Durchschnitte des Alligators befinden sich immer noch in einer rückläufigen Position, aber der Preis beginnt sich in der Nähe des unteren Niveaus zu konsolidieren, was auf eine mögliche Abschwächung des rückläufigen Drucks schließen lässt. Der untenstehende Indikator zeigt eine Umkehr vom überverkauften Niveau (-50) mit einer positiven Steigung, was auf eine mögliche Wiederaufnahme der Käufe durch den Markt hinweist. Unterstützung und Widerstand: Das Unterstützungsniveau bei 0,5700 hat sich bisher gehalten, während der Zielbereich bei 0,5740-0,5760 sichtbar ist, was auf ein angemessenes Gewinnfenster hinweist. Der Stop-Loss wurde unter dem jüngsten Tief platziert, um das Risiko zu steuern. Diese Elemente deuten darauf hin, dass der Preis einen kurzfristigen Erholungsversuch unternehmen könnte. Es ist jedoch wichtig, die Trendbestätigung durch einen Durchbruch wichtiger Niveaus und steigende Volumina sorgfältig zu überwachen.
ILVBTC is taking taking support after a long downtrend. Entry can be taken now while the pair is available in discounted price. Easy 2X potential until trendline resistance 5X potential until reaching POC further until reaching ATH Do proper risk management. Trail SL
Gold Price Analysis: Buying Opportunity Arises! The gold price is consolidating below $2,600, nearing a one-month low. However, with the Fed's cautious policy easing, a potential buying opportunity arises. We've identified two potential trading opportunities in the gold market: SELL Opportunity Sell Gold at: 2652 Target: 2610 Stoploss: 2660 BUY Opportunity Buy Gold at: 2605 Target: 2700 Stoploss: 2600 Stay ahead of the market with our expert analysis!" Best wishes Tom ?
Ethereum 2 areas for long 1st is at local VAL 3250 2nd is at swing low 3000 - 3095
Hey guys here is my idea on BTCUSD. Kindly share your review about chart in comments… BTCUSD is looking for short in these days and it has respected the parallel channel and its middle line as well but now BTCUSD has already touched major support in H1 timeframe so it’s possible that BTCUSD can now go for big long. Currently bitcoin is working above the major support zone so Bitcoin’s short trend is may be finished for now and will continue its long trend. KEYPOINTS Entry point 93700 Resistance zone 95000/95500 Target Area 99000 Note: Remember that BTCUSD should break parallel channel and resistance zone also and then retest it and next it’ll go for our Target … Kindly like my charts and don’t forget to follow me for latest updates on BTCUSD…
As discussed throughout my yesterday's session commentary: "Technical analysis: No changes so far on the Daily perspective (Gold is Trading within my model) as today’s session E.U. opening didn’t delivered any significant move towards any Buying or Selling pressure point /confirmation, even though Fundamental numbers throughout Friday’s session met the forecast and delivered relief for Gold Buyers, DX on a Fundamental surprise, delivered full bodied green candle. The Price-action remains Neutral above the Hourly 4 chart’s Support zone of #2,622.80 - #2,627.80 and below the #2,638.80 - #2,642.80 Resistance zone fractal so use mentioned zones as your Intra-day pointers. It is Natural that Price-action found both Sellers and Buyers as RSI hit the Neutral zone, and with the absence of macro-economic catalysts, strong Volatility is expected, and don’t be surprised if you see thin Volume throughout today’s session. As the market is waiting for a catalyst, I see no alternative under such a Neutral setting but to maintain my breakout strategy and watching closely DX, to carefully issue my next move. If however #2,645.80 breaks, Price-action will be calling for upside extension, where #2,622.80 break can open doors for #2,600.80 benchmark and #2,592.80 configuration sequence. Otherwise, Volatility will be on the main stage. I do believe Selling pressure is still present on market so take that into consideration prior to positioning." I have closed my Selling order (#2,628.80 - #2,611.80) on a fine #17-point Profit extending my results range to #107 Profits and #21 Stop-loss hits regarding December #2023 - December #2024 cycle along with pre and post Fed Profits I have made. Well done for Traders who followed my calls. My position: I expect Gold to remain heavily pressured and only #2,642.80 - #2,652.80 break-out restores Bullish Short-term trend / soaring hopes. Anything below, I will continue to re-Sell Gold on my re-Sell points. Keep in mind that Volume may be decreased due holiday throughout tomorrow's session.