Gold Daily AnalysisHello everyone here is the monday market analysis the market breaks the previous high candle and closed here we also see the CHOC now we can take a buy trade but if we go more safe so we can wait for the market to come in retest zone and from here 100% buy till out target no 1 and then for target no 2 be get ready and make it booom!!!
Freesignals
Gold (XAU/USD) Analysis: Bearish Sentiment TodayOverview:
Today’s market analysis indicates a bearish trend for gold (XAU/USD), suggesting that a selling opportunity might present itself. The current setup shows a strong potential for a decline, which can be capitalized on with careful planning and execution.
Sell Zone:
Sell Zone: The optimal level for initiating a sell position is at 2405. This is where we anticipate a significant resistance point, and it aligns with the bearish outlook. 🟡🔽
Target Price:
Target Price: Our primary target for this bearish trade is 2370. This level is chosen based on expected support zones and technical indicators pointing towards a potential drop. 🎯📉
Market Liquidity:
Liquidity: The current market conditions show robust liquidity on the sell side. This means there is ample opportunity to execute sell orders efficiently, enhancing the feasibility of entering and exiting trades smoothly. 💰📊
Key Points:
Bearish Trend: The overall market sentiment is negative, favoring downward movement in gold prices. 📉
Entry Point: 2405 provides a strong resistance level, making it a prime area to consider selling. 🚪
Exit Strategy: Aim for the target price of 2370 to secure profits as the price approaches this support level. 📈
Liquidity Advantage: High liquidity on the sell side ensures that trades can be executed without significant slippage or delays. 🌐
Summary:
Sell Zone: 2405
Target Price: 2370
Market Liquidity: Favorable for selling
Ensure to monitor the market closely and adjust your strategies as needed. Stay informed with real-time updates to navigate the market effectively. 🚀📊
EURJPY: Strong Trend Following Signal 🇪🇺🇯🇵
EURJPY looks bearish again after a local correctional movement.
The price started to grow within a bearish flag pattern.
Its support was broken this morning.
With a high probability, the market will return to a bearish trend soon.
We can expect a bearish movement to 156.0 level.
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SUSHI LONG📊📊📊📊📊
✉️ Pair: SUSHIUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.5659
📊 Entry 2 (DCA): $0.5250
✅ Target 1: $0.7000
I recommend selling 20-30% of your position at this level.
✅ Target 2: $0.8000
Sell 20-30% of your position at this level, following the progressive exit strategy.
✅ Target 3: $0.9500
Sell 20-30% of your position at this level, considering the significant resistance.
✅ Target 4: $1.2000
Sell the remainder of your position at this level to maximize long-term gains.
⛔️ Stop Loss: $0.5090
Analysis: SUSHI is currently trading in a descending wedge and is approaching a key support level. The current price is $0.5667, and Entry 2 (DCA) is set at $0.5250 to take advantage of potential further declines.
If the price manages to break and confirm the descending resistance, it could signal a trend reversal and a bullish turnaround. The first entry is now adjusted to $0.5659, and the second entry (DCA) is set at $0.5250.
Targets are set as follows:
Target 1 ($0.7000): The first significant resistance level. Consider selling 20-30% of your position.
Target 2 ($0.8000): The next resistance level. Sell 20-30% of your position at this level.
Target 3 ($0.9500): Significant resistance. Sell 20-30% of your position at this level.
Target 4 ($1.2000): Long-term objective. Close the entire position at this level.
The stop loss is now placed at $0.5090 to limit risks in case of a drop below the major support level.
ARBUSDT LONG✉️ Pair: ARBUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: $0.6501
📊 Entry 2 (DCA): $0.5649
✅ Target 1: $0.7250
✅ Target 2: $0.7969
✅ Target 3: $0.9396
✅ Target 4: $1.1452
⛔️ Stop Loss: $0.5000
Analysis:
Arbitrum has exited the ascending channel and continues its downward trend on the daily timeframe, respecting the descending trend line and breaking the support level of $0.7350-$0.7850. This suggests a potential continued decline towards $0.5000. However, if the price manages to break and confirm a break above the dynamic resistance, it could signal a trend reversal. In this case, entry is recommended at $0.6501, with a second buying opportunity (DCA) at $0.5649.
The targets are set based on the potential recovery and trend reversal:
Target 1 at $0.7250 reflects a significant initial resistance.
Target 2 at $0.7969 and Target 3 at $0.9396 are higher resistance levels that could be reached during a positive trend.
Target 4 at $1.1452 is a more ambitious long-term goal, considering a potential complete reversal of the downward trend.
The stop loss is set at $0.5000 to limit risks in case the price continues to decline below the major support level.
NZDCAD: Bullish Sentiment Confirmed?! 🇳🇿🇨🇦
NZDCAD has a nice potential to grow after a test of a major rising trend line on a daily.
I see a clear sign of strength of the buyers on a 4H time frame with a double bottom formation
and a confirmed change of character.
I think that the pair will reach 0.82 level soon.
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NZDCHF: Time For Pullback 🇳🇿🇨🇭
NZDCHF may bounce from a key daily historic support.
After its test, the price formed a cup & handle pattern on a 4H time frame
and broke its neckline with a bullish imbalance.
I expect a bullish move to a falling trend line.
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BANDUSDT LONG ✉️ Pair: BANDUSDT
📈 Direction: Long
💯 Leverage: Cross 5X - 10X - 20X
📊 Entry 1: 1.550
📊 Entry 2 (DCA): 1.000
✅ Target 1: 2.000
✅ Target 2: 2.500
✅ Target 3: 3.000
⛔️ Stop Loss: 0.950
BAND Analysis:
Previously, #BANDUSDT has been trading within a descending channel on the 1D timeframe. #BAND has broken out of the descending channel and retested the breakout zone. This pattern is often a precursor to a bullish run. Currently, #BANDUSDT is testing a significant resistance level. A break above this could propel the price toward the upper supply zone, with a target around the strong resistance at $2.5.
If the $1.5 support fails, the next major support to watch is $1.0. This area is crucial, packed with liquidity, and could spark a bullish rally if tested.
Entry Strategy:
- Main entry: 1.550
- Additional entry (DCA): 1.000
Monitor volume and breakout confirmations closely. If #BAND breaks above the resistance level with good volume, it is likely to reach the specified resistance levels.
"Manage your risk – never trade with more than 1% of your capital on a single transaction."
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NZDCAD: Classic Trend-Line Trade 🇳🇿🇨🇦
NZDCAD tested a major rising trend line on a daily.
After its test, the price formed a narrow range on an hourly time frame.
The resistance of the range was broken.
It is an important sign of strength of the buyers.
I bought the pair with 0.8156 target
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AUDJPY: Time For Pullback
AUDJPY may bounce from a key daily structure support.
After its false violation, the price formed a double bottom pattern
on an hourly time frame and broke its neckline.
Looks like the market is too oversold and it may bounce to 101.35 resistance.
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1000RATS/USDT - Short Trade REPOSTED CUZ I BRAKE SOME RULES OF TRADINGVIEW
✉️ Pair: 1000RATS/USDT
📈 Direction: Short
💯 Leverage: Cross 5x - 10x - 20x
📊 Entry: 0.1082
✅ Target 1: 0.090000
✅ Target 2: 0.083000
✅ Target 3: 0.07700
✅ Target 4: 🚀🚀🚀
⛔️ Stop Loss: 0.12864
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Dax 40 Germany 40Just a simple spike and channel pattern, and I'm waiting for the price to move in a trading range for a short time before the next upward movement. For now, I'm looking to take advantage of the current situation. I'll take small profits that align with the upward spikes as I try to catch the small upward movements in the lower timeframe. Hopefully, you'll make some money from this. As always, thank me later!
EURCAD: Time to Buy 🇪🇺🇨🇦
EURCAD will most likely keep growing.
After a correctional movement to a key horizontal support,
the price bounced and violated a resistance line of a bullish flag pattern.
The release of Canadian fundamentals also strongly support the pair.
The price may reach 1.4957 level soon.
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