GOLD Broke an important resistance level Hello trader
GOLD Broke an important resistance level in the 15 min time frame, there is also an EMA average moving average crossover.
Tell me what you think
Regards,
The Mehdi
Futurestrading
I'm bullish 👀It could be a trap lol but so far, there's a BTC weekly bullish divergence that give me more confidence in going long specially after I see XRP having trouble to break down the channel. You can even see a bit of my scalping trade in lower timeframes but to catch the big move you've got to wait a breakout then a re-test to confirm before entering the trade up! Could be a small correction certainly before going down or a bulltrap so beware!!
BNB Special Situation! We can see there's a triangle pattern here but still we've got no clear direction with strong momentum where this could potentially go! So we have 2 scenarios. Whichever plays out, I'm still expecting a strong move up hopefully! But could take a couple waves down or a strong down move into market structure before we see the shift in trend.
A lot of money needed for this to move though 😊Here we have 2 possible scenarios! I see Cardano trying to break out from the triangle pattern however it needs to be a big breakout and we don't see that yet except for 15min TF. Still not enough of a confirmation, breakout then re-test of trendline before kicking off. I think it would go up that much but good enough for a small scalp trade in the lower timeframes. A lot of money is needed for Cardano to move strongly and it's been going down consistently for a long time so I advise manage risk properly. We could potentially see a down move as well if it fails to breakout any higher and that would mean a continuation of the juggernaut downtrend we've always been into lol... which makes sense being an overall bear market.
Could it be??? YayWait for a re-test on previous consolidation area to confirm the breakout but this is looking pretty awesome so far! $SFP LONG signal right now!
CHZ/USD 2 possible scenarios! If we see breaking out to 0.17 level we wait for a re-test and enter the move up which I believe could go upto 0.19 after such a huge accumulation phase. Now, if we see a break below 0.16 even further till 0.14 I expect a pullback coming up with a re-test like shown, so here we have 2 set ups we could use according to price action and movement.
Wedge Reversal pattern! Wait for the breakout and re-test before entering! It could be possible but stay alert as it could go downwards! Market is king
S&P What's Next To Come..4160 Proved Strong as a PA zone for Traders... That's why we looked short each time. Nonetheless the area remains short due to PREV PA zones highlighted to the left handside.
But... Areas like this are hit so many times before they break. The risk of each strike therefore inherently changes. It's wise to lower Size upon further hits on the same area as you have seen and leave remaining Trade size (lots) for extended moves up to more clear PA zones.
That comes around 4250. Often you will get times where markets fall for an extended period and are followed by indecision / sideways markets. That's because sentiment to the downside cools off and you get a rise in the price of the asset. Former Long zones become new short zones (re hitting resistance) and they take time to break if significant enough (or market sentiment is not strong enough either).
Dropping size can come in varying proportions. This can be halves/thirds/quarters or less as comfortable. If you are dealing in Risk % per trade its also wise to drop this per hit. This is a classic way to manage risk based on previous price history. Remember Markets will repeat themselves and not every trade consists of the same risk %.
Also note indicators like your Stoch Oscillator.. When they are high you should not buy. That is timeframe specific and not as a general view.
Trade safe and trade small.
DOGE Best time to short ? im expecting short in DOGE IF The rsi go below 50 level its so risky when you join revers the trend so ill only open Paper trade
⭐ BITCOIN UP UP AND AWAY ⭐⭐⭐ BITCOIN $BTCUSDT Weekly Market Overview
Similar setup as before. March closed bullish
for BITCOIN.
What are we expecting?
We are still in the range of 26,600 to 28,900.00. A good sell off to $26,500 or much lower reaching $24,300 before a good buy breaking 29,200 highs towards $32,400 region.
Swing Signal - SELL THEN BUY📉📈
Wish You A Great Week Ahead, King 👑
Future Trading XRP Idea!. If the price drops down to $0.777 - 0.1663, I would consider enter a trade XRP/USDT.
If the price of XRP/USDT rises to between $1.413 and $1.526, that would be my Take Profit Zone. I would consider selling a portion of my XRP/USDT holdings to lock in profits.
If the price of XRP/USDT continues to rise and reaches between $3.365 and $3.672, that would also be a Take Profit Zone for me. At that point, I would consider selling more of my XRP/USDT holdings to secure additional profits.
S&P Futures Next MovesHey Traders,
Many Traders are sat watching and waiting for the S&P to do something...
And eventually, it will.
Watch for more.
My today's view on SP500 - FutureHi Traders,
This is my view for today on ES
Micro and Macro structure are both aligned. There’re few zone I’ll wait for the price to test:
- 4025 for a short
- 4080/90 for a short, as well
- 3960 for a long (but I need a strong confirmation)
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
DOTUSDTAssalamualikum everyone i hope all is well
Market is going to bearish but dotusdt break triangle pattern.
so according to technical analysis market will be going up.
there are some reason for taking this trade
* break triangle pattern.
** market retest triangle line.
**************GUD LUCK******************
MTLUSDTAssalamualikum Everyone i hope all is well
there is some valid point for taking short trade on MTLUSDT crypto currency
* market create and Morning star candlestick pattern
** market on there resistance area 4 hour time frame
******************GUD LUCK************************
Sugar Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that.
Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.
Silver Futures March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: We are preparing for a trend continuation after the break of the resistance level that we are currently in, for entrys we gonna wait a strong candle, a pattern cadle or something like that.
Bearish: Here for the bearish operation we are waiting a retest in our candle, rejecting the resitance level and then going back to support, we gonna also pay attetion if the price after the retest in the resistance will not go directly to the next suport zone, but is gonna restest at a fib level.
NASDAQ psychosis levelsThese are the swing lines on psychosis, we need to break these levels to get above this area, these areas will become supports once broken. make sure you keep an eye on the chart!
Grouped zone:
12926
12936.75
12944.25
final level:
13009
End of Week Wrap! SPX, ES & Leading DiagonalAs the trading week comes to a close, market participants have witnessed a slow yet steady rise in SPX futures. I'm going to dive into the advantages of trading futures, analyze the recent price action in ES futures and the SPX index, and discuss the leading diagonal pattern that played out in the market. I will also provide insights into what to expect for the week ahead and share some advice on trading cautiously.
The Advantages of Trading Futures
Futures trading offers several benefits to traders, one of which is the absence of theta decay. Theta decay refers to the decline in the value of an option as time passes, which can erode profits in options trading. With futures, traders can benefit from even slight movements in their favor, making it easier to secure profits. Be careful for futures rollover dates, which TradingView conveniently places on the chart for your reference.
Recent Price Action in ES Futures and SPX Index
The ES futures experienced an upward movement, reaching the 4000 mark and hitting the resistance level at 4010. On the other hand, the SPX index did not quite make it to 4000. However, it is possible that it could reach that level next week, potentially after a lower open on Sunday evening. As the market conditions evolve, I will be closely monitoring ES for a move up to 4020.
The Leading Diagonal Pattern in Action
As anticipated, the leading diagonal pattern played out, and after breaking out, the price action briefly retested the trendline before moving up to 4000. This pattern indicates that the market is poised for a significant trend reversal.
Expectations for the Week Ahead
For the upcoming week, I anticipate that the market may open slightly lower, though not significantly. Shorting the market at this stage should be approached with caution and considered only for short-term day trades. After a potential pullback, I expect the market to make a move up towards the 4020 level later in the week before encountering another rejection. That is where I will consider adding short exposure. However, predicting such a scenario far into the future comes with inherent uncertainties, so it is wise to revisit my hypothesis next week and adjust as necessary.
Trade Carefully and Stay Informed
As we venture into the new trading week, it is crucial to trade carefully and stay abreast of market developments. By understanding the advantages of futures trading, closely monitoring price action in ES futures and the SPX index, and analyzing patterns such as the leading diagonal that unfolded over the last 2 days, you can better navigate the financial markets and make informed decisions.
As market conditions evolve, it is essential to continually reassess your strategies and adapt accordingly. By trading cautiously and staying informed, you can minimize risk and maximize your chances of success in this ever-changing landscape.
Gold technical analysis Looking at the charts, gold has been trading in a bearish descending trend channel, and the exponential moving average is are crossed, Given these factors, I believe that shorting gold could be a good trade.
My today's view on SPX500 FutureHi Traders,
This is my view for today on ES
Ok, the micro-structure. Is aligned to the macro one from are 4050. There is one more GAP to fill around 4080 area.
Today’s target is 4090 and could be reached directly during London Session or (better to me) by a liquidity grab from 4057 or Asian Session High Level.
Pit, Trading Kitchen
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
S&P 500 Index Long The banking failures and constant layoffs happening in real time I believe will impact the Fed and Higher rates and recession may be imminent. We have been breaking structure to the upside and I am looking for a retrace between 3955.00 and 3980.00 with the first target at the 4027.1 level. Currently bullish until the market specifies a break of structure below the 3923.00 level.
