Chart Patterns
EURUSD 2025 bullish year.As we are officially in the last 2 months of the year, if you check EU on the beginning of each year, there is either continuation of trend or a trend is formed, 2025 I am most likely bullish according to higher timeframe analysis.
Please do your own analysis as I'm not a financial advisor.
Good trading guys...
OOKI COIN LAST TRADE SETUP BEFORE DELISTING FROM BINANCE !!$OOKI Coin Possible Trade Ideas before Delisting From binance !!
• i am expecting now final bounce back in its price before delisting where we will see easily 50%- 150% move in next few days.
• But trade will be too risky... If you build trade on it without SL Then Don't use fund upto 5%🚨
SMCI LEVERED FOR THE TRUE REBEL SMCX 2 X SMCI FOR THE TRUE REBEL SMCX 2 X SMCI
This one is the 2x Long Etf tracking SMCI
As you know SMCI has been chewed and masticated super hard buy the scary short seller the Hindenburg Report
Well here you have the financials for SMCI and a long read about the Nathan Adreson the creator of the FUD... and the research associated with it for you to make up your mind.
"linkedin.com/pulse/smci-cash-reserves-17-billion-dfc-2024-10666-current-dcf-s-sc-n-e9aye/?trackingId=YS3R4IZ2ST+uWToO3IX1Og=="
GOLD SHORTING OPPURTUNITY NOV 1ST 2024"Gold has trapped buyers, closing below a key demand zone that also served as support on the 1-hour timeframe. To approach this setup strategically, let the price retrace to the 0.5 or 0.618 Fibonacci level. Avoid entering trades immediately as it reaches these levels; instead, wait for a clear formation of lower lows to confirm the setup.
Keep in mind that the recent support may now act as resistance, creating a possible reversal point. Additionally, a minor order block aligns with the 0.618 level on the 5-minute chart. Be thorough in checking all confirmations, and take the trade with a manageable stop loss. Keep your risk controlled, especially with the current market volatility.
If you found this insight helpful, don’t forget to like, follow, and comment for more trade logic!"
bear call spread on QQQThis is obviously over the election.
I THINK ELECTION RESULTS "drag out" and we don't really "know" who wins until 11/15? or something?
Now.. I'll start bumping up my GO TO CASH price anyway. This is essentially a market hedge that IF we trade sideways or have any more down movements, this trade works. IF we DO continue to go higher, I'll be profiting on my general portfolios and positions but I will go to cash around $505.05. BUT we need to hit that # in before 11/5. Otherwise, I'll begin increasing it.
The overall trend is bullish. Bull put spreads DEF make the most sense. This certainly is more of a 'hedging' style trade for me. Not too large of risk.
The Secret Of The 3 Step System..I made a mistake by recommending buying Apple stock
its was so quick that it showed up on my screener
and then disappeared.
In order to fight this error I have
decided to only scan for stocks after the market close.
The trap is called a bull trap.
Because it happened during trading hours
My Big Bull Trap Mistake
This mistake is so painful because
I was so confident in my ability to trading
the capital markets.
I felt like I let my followers down.
this is why I always say trading is risky you
will lose money as soon as I noticed this mistake I
cut my losses quickly just like Tim Sykes
usually says to do.
Now look at this chart NYSE:HIMS
below you will see the RSI indicator.
This indicator will help you measure whether
the price of stock is cheap or expensive.
Are you Good At Risk Management?
When you start trading risk management is very much
important for you to master and understand.
Am not perfect with my trades.
But I will try to show you the
best technical analysis tools I use.
But there is one last step that you have to master.
Its called crowd psychology.
Having technical analysis tools is not enough.
this is why you have to invest in a newsletter
or research service that supports your
trading journey.This research that you will
engage with will help you with understanding
crowd psychology and risk management tactics.
The good news is there are a lot of trading experts that
are willing to share their knowledge with
you for a monthly or yearly fee.
You just need to increase your interest.
How To Develop A Trading Strategy
Developing a trading strategy as well
takes time. Yesterday I felt so discouraged
because I chose the path of studying the
capital markets.No one teaches about the
capital markets in school.
And so I felt like I was just wasting my time.
But deep down I believe the capital markets
are a form of production.
That we need in an economy.
In order to master technical analysis
I developed a strategy called
The rocker booster strategy
And it has 3 steps:
Step#1 - The price has to be above the 50 MA
Step#2 - The price has to be above the 200 MA
Step#3 - The price should gap up in an uptrend
if you follow these steps you will learn
trend analysis, technical analysis and
uptrends. If you don't then you can always learn more
Remember to rocket boost this content to learn more.
Disclaimer: Trading is risky you will lose money whether you like it or not
please learn risk management and profit-taking strategies
QQQ bull put spreadIf AMZN or AAPL gap down, with both being bear candles today, I believe they would fade.
SAME for the QQQ. REALLY nice move down, but the 100 sma will be a small support and I think NASDAQ:AMZN & NASDAQ:AAPL will have "good earnings". IF AAPL OR AMZN Gap up (and they could) they would both be REALLY solid gaps...
GOLD ANALYIS REVIEW 1ST NOV 2023"Gold recently broke the trendline, but note that it did not close below its lows on the 15-minute timeframe. Many traders might have entered right after the breakout or retest, but it's crucial to confirm whether lows are actually breaking before taking any position. Currently, gold has broken our key order block and retraced for a possible retest or a buyer trap. I observed a rejection after gold broke a swing low, filling an imbalance/fair value gap (FVG), which led me to consider a long position. This trade carries a bit more risk since the momentum hasn't been as strong as with BTC, so I've opted for a smaller risk allocation."
pls like follow and comment for more such trade ideas !
BTC Chart on 30 MIN TimeframeKey Observations and Pattern Analysis
Trend Identification:
The chart shows a downtrend with a series of red candles before hitting a swing low, indicating potential exhaustion of selling momentum.
Following the swing low, there is a notable green candle bounce, suggesting a possible reversal or corrective upward move.
Indicators Used:
Moving Averages: Two moving averages are visible, likely a shorter and a longer period, providing a smooth trend-following component. Price breaking above the shorter moving average can signal a short-term bullish trend.
Parabolic SAR (dot indicators): These dots help confirm the trend direction. A flip below the price action after the swing low suggests the beginning of an upward trend.
Bollinger Bands (or similar bands): These envelop the price movement, showing volatility expansion during the downtrend and potential contraction as prices start to stabilize.
Support and Resistance Levels:
Demand and Supply Zones: Identified in green (demand) and red (supply) zones, suggesting areas where buying or selling pressure is expected to be strong.
Entry and Take Profit (TP) Levels: The chart shows an entry around 69972.08, with potential take profit levels at 70700.63 (TP1), 71429.18 (TP2), 72157.73 (TP3), and 72886.28 (TP4), providing potential targets for an upward move.
Swing High and Swing Low:
The marked swing high and low points help define the range of the current price action. Breaking above the swing high could confirm a trend reversal, whereas a fall below the swing low might indicate continuation of the downtrend.
Trading Signal
Current Signal: BUY
Entry: The recommended entry is around 69972.08, following the upward momentum from the swing low.
Stop Loss (SL): Positioned at 69243.54 to manage risk, below the recent low to allow some volatility but cut losses if the price reverses significantly.
Take Profit Targets: Gradual targets (TP1 to TP4) allow staged profit-taking as the price moves upward, aligning with resistance levels.
Performance Metrics and Signal Strength
Accuracy: Shown as 77.8%, indicating that the current setup and indicators used have historically produced favorable outcomes for this type of setup.
Profit & Loss (P&L): Estimated P&L values provide insight into the potential reward based on the target levels, useful for gauging risk-to-reward ratio.
Additional Considerations
Market Conditions: The dashboard shows a bullish trend with strong momentum indicators (e.g., RSI at 78.44), suggesting favorable conditions for a potential upward move.
Risk Management: The absolute stop-loss setting limits losses, while staggered take profit levels manage gains conservatively, accommodating price fluctuations.
#OP/USDT#OP
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 1.57.
Entry price 1.64.
First target 1.67.
Second target 1.74.
Third target 1.80.
Why $OM is Poised for $3 and BeyondMANTRA ( NASDAQ:OM ) caught my attention with its mainnet launch.
Having reached all-time highs in a short time, NASDAQ:OM signals that it can be the center of this ecosystem by bringing together real-world assets with blockchain.
I am looking for an opportunity to buy NASDAQ:OM coin, which has entered a strong uptrend and is currently ranked 1st in the #RWA category.
The targets of $3 and above can be expected.
#VET/USDT#VET
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.02070
Entry price 0.02110
First target 0.02156
Second target 0.02212
Third target 0.02275
EURCAD What Next? SELL!
My dear subscribers,
EURCAD looks like it will make a good move, and here are the details:
The market is trading on 1.5128 pivot level.
Bias - Bearish
My Stop Loss - 1.5169
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.5066
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK