ETH/USD – Bullish Breakout & Buying OpportunityEthereum has broken out of a descending channel and is consolidating near a key support zone. The price action suggests a potential bullish continuation, with a buying opportunity forming above the $2,000 - $2,100 support level.
Key Levels to Watch:
Support: ~$2,000, ~$1,800
Resistance Zone: ~$2,250
Target: ~$2,530
Trading Plan:
Buy Entry: On breakout and retest above $2,250
Stop-Loss: Below $2,000
Take-Profit: $2,530
If Ethereum successfully breaks resistance with volume confirmation, it could rally toward $2,500+, making this a strong bullish setup. Keep an eye on price action for confirmation. 🚀
Buylimit
avax buy limit midterm "🌟 Welcome to Golden Candle! 🌟
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bch buylimit midterm"🌟 Welcome to Golden Candle! 🌟
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Follow along and 📚 learn 📚 from our analyses! 📊💡"
ada buy limit midterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
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sol buy limit longterm"🌟 Welcome to Golden Candle! 🌟
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Follow along and 📚 learn 📚 from our analyses! 📊💡"
xrp ripple long longterm"🌟 Welcome to Golden Candle! 🌟
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Follow along and 📚 learn 📚 from our analyses! 📊💡"
MANTA Breaking Out: On Track for $10 and Beyond!OMXHEX:MANTA USDT: Long Position 🚀
MANTA is breaking out from a falling wedge pattern, a classic bullish reversal setup. The price has recently breached the key resistance trendline and is trading above the 100 MA, suggesting a strong upward momentum. If the breakout sustains, significant upside potential lies ahead as indicated in the chart.
📌 Entry Point: Current Market Price (CMP) around $0.80
📈 Additional Positions: Consider adding on retests near $0.74–$0.64 for a safer entry.
🎯 Targets:
$1.40
$1.90
$2.50
$3.20
$10.50 (Final Target)
⛔️ Stop Loss (SL): $0.64 to manage downside risk.
⚖️ Leverage Advice: Use leverage cautiously, between 2x and 5x, depending on your risk tolerance.
#Crypto
DE40 - 4h - Buy Trade CallOn 4h TF, Parallel channel has been drawn which has been respected by price for the last few days in this leg of Bull run. Price is about to reach the Channel lower support level and hence expected to bounce back from here. RSI indicator is also over all moving in upward trend.
Trade Values
Buy instant or Limit Buy : 19280
SL: 19140 (Below previous HL)
TP1: 19491 (previous HH)
TP2:19635 (close to parallel channel's upper line.
FOMO - reach higher ATH! XAU maybe reach 2590⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices (XAU/USD) held onto modest gains early Friday, trading near the record high of $2,565-$2,570. Thursday’s softer US Producer Price Index (PPI) report signaled easing inflation, boosting expectations of a larger Fed rate cut next week. This was supported by falling US Treasury yields and a weaker US Dollar, benefiting the non-yielding metal.
Geopolitical tensions in the Middle East and the Russia-Ukraine conflict also bolster gold's safe-haven appeal. The recent breakout from a multi-week range suggests further upside, though bulls may remain cautious ahead of next week’s key central bank decisions from the Fed, BoE, and BoJ.
⭐️ Personal comments NOVA:
Break old ATH 2531, fomo Gold price has huge buying pressure. Continue to expect the price range of 2590, the new ATH for Gold
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2547 - $2545 SL $2542
TP1: $2552
TP2: $2560
TP3: $2570
🔥BUY GOLD zone: $2530 - $2528 SL $2523
TP1: $2540
TP2: $2550
TP3: $2560
🔥SELL GOLD zone: $2590 - $2592 SL $2597
TP1: $2575
TP2: $2560
TP3: $2550
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NZDCAD | Long H4 | Buy Limit | Milk/Oil Economy - 2nd EntryTechnical Confluences for Trade:
- Stochastics are in Oversold Conditions on H1 & H4 time-frame
- Price action is close to a Demand Zone (Yellow Area) & has Support Trendlines around
- Aiming for the next Consolidation Zone of Price Actions
Fundamental Confluences for Trade:
- Very different economies with market data gyration will pretty much determine the direction of this trade.
Suggested Trade:
Buy Limit @ 0.8098
SL @ 0.8051
TP 1 @ 0.8150 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.8213
Risk-to-Reward @ Approx. 2.40 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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Buy/Sell Stop vs Buy/Sell LimitDifference between order types explained
Buy and Sell Stop vs Buy and Sell Limit
When trading in the market, understanding different order types is crucial for maximizing your potential and managing risk. This guide will delve into the key differences between Buy/Sell Stop and Buy/Sell Limit orders, helping you decide which order type best suits your trading strategy.
Buy and Sell Stop Orders:
Function: Stop orders are designed to automatically trigger a buy or sell order once the market price reaches a predetermined level. This level is known as the "stop price."
Buy Stop: This order is placed above the current market price for a security. When the market price rises and touches the stop price, the order automatically converts into a market buy order, aiming to purchase the security at the best available price.
Sell Stop: This order is placed below the current market price for a security. When the market price falls and touches the stop price, the order automatically converts into a market sell order, aiming to sell the security at the best available price.
Use Cases: Stop orders are primarily used to:
Limit losses: By placing a stop-loss order below your purchase price, you can automatically sell the security if the price falls to a certain level, minimizing potential losses.
Capture profits: By placing a stop-loss order above your purchase price, you can automatically sell the security if the price rises to a certain level, locking in profits.
Enter a trade automatically: Stop orders can be used to enter a trade automatically when the price reaches a specific level, eliminating the need for constant market monitoring.
Buy and Sell Limit Orders:
Function: Limit orders allow you to specify the maximum price you are willing to pay when buying (Buy Limit) or the minimum price you are willing to accept when selling (Sell Limit).
Buy Limit: This order is placed below the current market price for a security. It will only be executed if the market price falls to your specified limit price or lower.
Sell Limit: This order is placed above the current market price for a security. It will only be executed if the market price rises to your specified limit price or higher.
Use Cases: Limit orders are primarily used to:
Buy or sell at a specific price: This allows you to control the price you pay or receive for the security, ensuring you achieve your desired outcome.
Avoid market fluctuations: By placing a limit order, you can avoid paying inflated prices during periods of high demand or selling at deflated prices during periods of low demand.
Set a target price: Limit orders can be used to set a target price for selling your security, automatically triggering a sale when the price reaches your desired level.
Key Differences:
Execution: Stop orders are guaranteed to be executed once the stop price is reached, while limit orders are only executed if the market price reaches the specified limit price.
Price: Stop orders are market orders, meaning they are executed at the best available price after the stop price is triggered. Limit orders specify the maximum price you are willing to pay or the minimum price you are willing to accept.
Risk: Stop-loss orders can help limit losses, while limit orders can help control the price you pay or receive for the security.
Choosing the Right Order Type:
The best order type for you will depend on your individual trading strategy and risk tolerance. Consider the following factors when choosing between stop and limit orders:
Market volatility: In volatile markets, stop orders may be preferable to limit orders, as they guarantee execution once the stop price is reached.
Desired price: If you have a specific price in mind for buying or selling a security, a limit order is the best choice.
Risk tolerance: Stop-loss orders can help limit losses, while limit orders can help control the price you pay or receive for the security.
By understanding the key differences between stop and limit orders, you can make informed decisions about which order type best suits your trading needs and helps you achieve your desired outcomes.
GE General Electric Company Options Ahead of EarningsIf you haven`t bought GE before the previous earnings:
Then analyzing the options chain and the chart patterns of GE General Electric Company prior to the earnings report this week,
I would consider purchasing the 155usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $8.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ROKU Options Ahead of EarningsIf you haven`t sold the Double Top on ROKU:
Then analyzing the options chain and the chart patterns of ROKU prior to the earnings report this week,
I would consider purchasing the 60usd strike price in the money Calls with
an expiration date of 2024-12-20,
for a premium of approximately $14.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
EUR/USD Dance: Navigating Opportunities in the Forex MarketAs Friday's closing bell rang, we found ourselves at a crossroads in the trading world. The anticipated retracement didn't materialize, leaving us to bid farewell to the week with a mixture of frustration and anticipation. But with the arrival of March came a fresh wave of opportunity. Sellers struggled to maintain their resistance, setting the stage for a thrilling showdown in the market.
With nerves of steel and eyes glued to the charts, we watched as our predictions unfolded before our eyes. Like clockwork, the resistance crumbled, paving the way for our next move. Swiftly, we set a buy limit, poised to capitalize on the impending upward momentum. In the fast-paced world of trading, every moment counts, and we were determined to make this one count. As the market danced to our tune, we knew that our patience and strategy had once again paid off in spades.
XAUUSD, H4Spotted a buy momentum.
ima wait for confimation for long positions.
+ Entry Zone : Around 1937 - 1933
+ TP 1 : Around 1961
+ TP 2 : Around 2000 - 2008
+ TP 3 : Move SL to 1980 if TP 2 break.
- SL : Around 1923
* Note :
- When entering long positions, always search for confirmations before open orders.
- Don't forget to use SL as tight as possible.