Will ROSE Break the 0.85 Support or Continue Its Bullish Move?Hey there, ✌By analyzing the daily chart of BINANCE:ROSEUSDT , we see that the price has had a significant upward movement from the 0.060 level, which led to breaking the supply zone. As shown in the chart, after breaking the supply zone, the price entered a range after reaching 0.090 and has now returned to the breakout level, which has turned from resistance into support.
If the price stabilizes above 0.085, I expect it to move towards the target range of 0.10 (descending orderblock zone) and eventually reach the supply zone between 0.11500 and 0.11800. To understand the next movement, we need to observe how the price reacts at these levels.
💡 Keep in mind, this is just my personal perspective and shouldn't be considered as financial advice. I’d love to hear your thoughts and engage in a discussion!
Happy trading!✌😎
Feel free to reach out if you have any questions or need more clarification. I'm always here to assist!✌
If you want any further adjustments, just let me know!
Dailyanalysis
BANKBARODA 1D TFIn the previous post, NSE:BANKBARODA broke an resistance and moved up. Hence we suggested a long position, but it was a false breakout and the stock turned towards the opposite direction. Though I didn't post, I took a trade thinking that this false breakout is liquidity gained by sellers in order to move down. As expected the stock came down again, once it broke down the resistance turned support, I took the entry. A good R:R was captured. Hence I just wanted to share this to you, so that we can trade such entries in the future together.
We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
BPCL 1D TFNSE:BPCL has been playing near a support zone and has broken it and is moving downward. But now if we see a little bit into the past we can see a long wick which represents the power of sellers at that point. So going into this trade is little bit risky. If you want to trade this setup kindly use multiple confluences. Do share the confirmations you are looking to trade this setup in the comment section
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
USTD.D updateThis is USDT.D, a reverse indication to how BTC will perform based on money flow concepts. It looks like USDT.D is starting to form a bullish harmonic pattern and if it does and plays out, BTC will dump. Now only that, the PRZ (potential reversal zone) on the harmonic pattern has weight being based on both yearly VWAP as well as a trend line that is based on Fib levels. Therefore, I am looking for quick short scalps today as I believe a retrace is coming.
Analysis can always be wrong based on these, so no matter what or how much you trust me, trade safely and have back up plans! @Nate Alert
Daily Pre-Market Analysis: GOLD & SILVER BUY Watch!Tuesday Oct 29th
I have a bullish bias on the day for both Gold and Silver.
A pullback on the 1H TF to a +FVG, and we may get the buy entry I am looking for.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
US WTI CRUDE OIL... Looking to BUY IT!US OIL
Price has pulled back into the Weekly and Daily +FVG. There is a good chance 73-72.00 will hold support, sending prices higher.
My eyes on the lookout for valid buy setups.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GBPJPY bullish continuation expected
GBPJPY we are have strong bearish push, which is be based on BoJ rate cut which we are have before 2 weeks, when they are raise rates.
On D TF on 21.8 price is make bounce on strong zone, on lower TF 4h we can see SYMMETRICAL TRIANGLE pattern created, its also breaked, for me 191.00 is be strong zone which can be used for confirmation of break of SYMMENTRICAL TRIANGL (next zone which can be used dor confirmation is 192.00).
Currently price looks like its make break, JPY is make strong bearish push in last periods with many majors now expecting to see some rebounces, technically with many looks bearish.
TP1: 194.600 (300)
TP2: 196.600 (500)
BTC/USDT 4HInterval ChartHello everyone, I invite you to a short review of the BTC to USDT chart with a four-hour time frame. As you can see, we are staying above the locally formed upward trend line.
Taking into account the short time interval, we will first determine possible stop losses:
SL1: $61,351,
SL2: $58,982,
SL3: $57,213,
SL4: $55,249.
Looking the other way, we will define the immediate goals:
T1: 65569USD,
T2: 69909USD.
XAU/USD 26 August 2024 Intraday AnalysisH4 Analysis:
Intraday expectation, analysis and bias remains the same as analysis dated 23 August 2024.
-> Swing: Bullish.
-> Internal: Bullish.
Price has printed a bullish iBOS.
After an iBOS (Internal Break of Structure) we expect a bearish pullback.
Price has printed bearish CHoCH which indicates, but not confirms bearish pullback phase initiation
Intraday expectation: Whilst price did continue bearish as part of bearish pullback phase, I am concerned that price has not, as yet, pulled back deep enough into either H4 demand zone or discount of 50% EQ, therefore, it is my view that price will seek further liquidity before a sustained bullish move to target weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
As mentioned in previous analysis whereby we needed to be mindful that H4, following bullish iBOS, has yet to initiate bearish pullback, therefore, it would not be unexpected if strong internal low was to be targeted. This is exactly what price printed, printing a bearish iBOS.
Price has printed bullish CHoCH indicating bullish pullback phase initiation.
Intraday expectation: Price is currently positioned almost in extreme of internal 50% EQ. Strong high to remain protected. Price to target weak internal low.
M15 Chart:
ETH-USDT 1D Interval ReviewHello everyone, I invite you to a quick review of the ETH pair to USDT chart, taking into account the interval of one day. As we can see, the price is moving along a locally formed upward trend line.
Currently, we can see how the price approached the resistance level at $2,843, then resistance at $3,010, then resistance at $3,251, and then very strong resistance at $3,569.
Looking the other way, support is visible at $2,550, the next support is at $2,383 and then there is support at $2,112.
BTC Technical analysisIt looks like Bitcoin has formed a rising wedge pattern on the 2-hour chart, which typically indicates a potential bearish reversal. The pattern has already reached its second top, and the price seems to be breaking down from the wedge. The target for this breakdown could be around $56,000, which aligns with the support zone from earlier price action. The RSI is near overbought territory, suggesting that the momentum might be fading, and the MACD is showing early signs of a bearish crossover. Keep an eye on the volume to confirm this breakdown; if it picks up, we might see a sharper decline.
BTC Trend AnalysisBTC is showing strong bullish momentum on the hourly chart, with a significant breakout above the $60,000 level. This surge comes after a period of consolidation, indicating potential continuation towards higher resistance levels around $62,000. Key support now lies at $59,000, where buyers may step in if a pullback occurs. Watch for sustained volume to confirm this uptrend.
BTC Technical analysisThis 2-hour CRYPTOCAP:BTC chart is showing a classic inverse head and shoulders pattern, which typically signals a bullish reversal. We can see that the right shoulder is currently forming, and if the pattern plays out, the price target could be around $64,000. The RSI has dipped below the midline, indicating a brief pullback, but it’s still in a healthy range. The MACD is in a bearish phase, but it could be signaling a potential bottom. Keep an eye on the neckline around $59,000; if BTC can break above that, it could confirm the bullish move.
XAU/USD 14 August 2024 Intraday AnalysisH4 Analysis:
Analysis/Bias remains the same as yesterdays analysis dated 11 August 2024
-> Swing: Bullish.
-> Internal: Bullish.
Following price printing bullish BOS price pulled back to discount of 50% EQ before targeting weak internal high.
As previously mentioned, bullish momentum and pro swing/internal structure was unable to break and close above weak internal high, which could be an early indication that bearish pullback phase is incomplete and price will seek further liquidity before targeting weak internal high. This is what price printed according to my analysis.
Intraday expectation: Price has reacted at an H4 demand level, therefore, price to target weak internal high.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Following bullish iBOS, price printed a bearish CHoCH to indicate bearish pullback initiation.
Internal structure is substantial, therefore, I have zoomed out in order to obtain a better view of structure.
Price has reacted at an M15 supply level, however, the move did not sustain sufficient bearish momentum and it seems weak internal high is being targeted.
Intraday expectation: Whilst I have mentioned that price may target weak internal high, price may well print a secondary reaction to the M15 supply level in order to gain more liquidity to complete bearish pullback phase.
M15 Chart:
The Leap - D3The Leap competition is live and so is Pinchpips.
Focusing on the behemoth of OANDA:WTICOUSD and $OANDA:XAUUSD.
Not typical markets but testing swing zones on the instruments to check efficacy on a daily TF.
SZ are set for OANDA:WTICOUSD but price action determines entry
Currently ranked 2716.
www.tradingview.com
DAILY FOREX MARKET WATCH: SILVER IS BULLISH!Silver is the market analyzed.
After respecting the W +FVG, a bullish BOS followed.
The D1 shows another +FVG was formed, a bullish indication.
I am looking for the D1 +FVG to be tested before price heads higher. It would be a great POI to
long from.
If you like the video, give a thumbs up and subscribe!
And thanks!
May profits be upon you.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Comprehensive GBPUSD Analysis Ahead of UK General ElectionThis is a comprehensive analysis of the GBPUSD ahead of the UK General Election scheduled for Thursday, 4th July 2024. The chart has been marked to highlight key levels (Decision-Making Points) on the weekly, daily, and H4 timeframes. Below is a summary based on the price analysis:
Weekly: Strong Bearish
The wave structure on the weekly chart indicates a bearish expectation.
Daily: Bearish Wave Structure
The daily chart shows a second bearish wave structure with a lower low.
H4: Bearish Wave Structure with Pullback
The H4 chart has completed a bearish wave structure and shows a valid pullback.
H1: Bearish Momentum
This morning, a momentum low was made, and the current pullback aligns with the second bearish wave structure.
huge waterfall coming for GOLD this week, Be ready!GOLD may retest 2318 area and complete an inverted head and shoulders, and then head up to resistance level which lines up perfectly on trendline resistance AND lines up perfectly at the 61.8% Fibonacci level, this is a very interesting level for these 3 lining up this trendline has been valid for months and very strong trendline resistance that has been tested multiple times. I suspect GOLD will plummet down to 2300-2280 by the end of this week, probably during London session as from my personal experience I have seen this happen multiple times and have taken this opportunity to profit off this pattern
moreover the DXY has been making impulses to the upside and healthy retracements to continue with another impulse this week if the trend continues, keeping on eye on news to support this bias and watching these levels on particular the 2340-2350 area
GOLD [XAU/USD] Sell Structure for the Month of MayAnalysis of Gold Price Movement in May 2024
For the daily timeframe in May 2024, Gold has opened at a high level, indicating potential seller activity. The initial target for price movement is the open price of 2321.07 , serving as the primary take-profit point for the monthly structure. Utilizing Fibonacci analysis, the first take-profit level is identified at 2339.56 , followed by the open price of 2321.07 .
Key rules to follow when trading this structure include:
1. Market Structure (OHLC/OLHC)
2. Divergence
3. TDI Cross
When these conditions align, the likelihood of a successful trade increases. Remember to practice patience and apply proper risk management techniques.
Kindly support this idea, Follow, Share and like :)....