Butterfly Harmonic PATTERN EURAUDThere is Bullish Butterfly Harmonic PATTERN found in 1 hours Chart. Point D is PRZ so as per trend it's showing the Bullish Trend and , May price move upward from this Point. TP1 & TP2 Is marked for Book Profits. there is Divergence as well to this also show the Trend Reversal from the Point D.
Longsignal
Decoding Bitcoin Cycles ₿Understanding these cycles is crucial for traders and investors to make informed decisions and navigate the ever-changing landscape of the crypto market. In this article, we delve into the three main phases of Bitcoin cycles: the Bull Run, the Bear Market, and the Pre-Bull Phase.
Bull Run: 🐂🚀
The Bull Run is a phase characterized by a sustained and significant uptrend in Bitcoin's price. During this phase, the market sentiment is overwhelmingly positive, and investors are eager to buy and hold Bitcoin. Key characteristics of the Bull Run phase include:
Price Surge: Bitcoin's price experiences substantial and rapid growth, often reaching new all-time highs.
FOMO (Fear of Missing Out): Increased media coverage and hype lead to FOMO, with more retail investors entering the market.
Market Exuberance: Positive sentiment fuels a sense of euphoria among market participants, resulting in a buying frenzy.
High Trading Volume: Increased trading activity and high trading volumes are common during Bull Runs.
Altcoin Rally: Alongside Bitcoin, many altcoins also experience price appreciation.
Bear Market: 🐻📉
The Bear Market is the opposite of the Bull Run, characterized by a prolonged period of declining prices and negative market sentiment. Key attributes of the Bear Market phase include:
Price Correction: Bitcoin's price experiences a significant drop, often erasing gains made during the Bull Run.
Pessimism: Negative news and sentiment prevail, leading to fear and caution among investors.
Reduced Trading Activity: Trading volumes decrease as investors become hesitant to enter the market.
Altcoin Weakness: Many altcoins also experience price declines during this phase.
Pre-Bull Phase: 📉🚀
The Pre-Bull Phase marks the transition from the Bear Market to the next Bull Run. It's a period of accumulation and building investor interest. Key characteristics of the Pre-Bull Phase include:
Stabilization: Bitcoin's price stabilizes after the Bear Market, forming a base for the next uptrend.
Accumulation: Savvy investors accumulate Bitcoin at lower prices, anticipating the upcoming Bull Run.
Positive Developments: Positive news, technological advancements, and regulatory clarity may contribute to renewed optimism.
Gradual Recovery: Gradual price recovery from the Bear Market lows, setting the stage for the next uptrend.
Conclusion:
Understanding the distinct phases of Bitcoin cycles – the Bull Run, the Bear Market, and the Pre-Bull Phase – is essential for traders and investors . Recognizing the signs and characteristics of each phase allows you to make strategic decisions, manage risk, and optimize your trading strategies. Remember that the crypto market's volatility and unpredictability necessitate a cautious approach, proper risk management, and a willingness to adapt to changing market conditions.
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Continental CON Long term bullish cycleOur probability indicator has observed Long Term BOS (Break-of-Structure) on Daily TF.
Essentially what that means is that we closing in on bearish cycle for XETR:CON and new bullish leg is forming for longterm continuation of new bullish cycle.
We expect further bearish correction to 68.30 - 64.80 zone ( Current Inverse H&S pattern support zone ) where conditions for perfect LONG entry occur.
Take-Profit should be set within High resistance zone 114.50 - 139.30
bnbusdtHello, good time everyone
Considering the specified areas and considering that the price could not stabilize below the desired range, and also considering the candle stop hunt, I expect the price to grow up to the desired ceiling. I would be happy if you have an opinion on this matter
Thanks and good luck.
F new long entryF reacted today on these headlines:
Ford said it would cut the price of its F-150 Lightning electric truck by as much as 17% due to enhanced plant capacity and reduced battery raw material costs.
It is a bit of an overreacting, like always. Anyway, I think this will over the chance of a long trade (shown in the chart).
VLO Reversal Pattern - Pump to $127🐂 Trade Idea: Long - VLO
🔥 Account Risk: 1.00%
📈 Recommended Product: Knockout / Option
🔍 Entry: +/- 116.75
🐿 DCA: No
😫 Stop-Loss: 107.99
🎯 Take-Profit #1: 127.09 (75%)
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button!
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What we see here is a typical reversal pattern. We gain the 114 level downward but fail to hold it and gain the 114 level again in an upward movement which is also the former lower low. If you’re more of a break out trader you can trade this setup directly long with a target at 127 and a stop-loss at 108. We’ve held this level for six days so far. If you want to make sure the trade is safer wait for a re-test around 116-114 and trade the long after a strong rejection. If you prefer the re-test make sure to put your stop-loss to 111-112 because you don’t want to see more downward pressure from that point on.
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Disclaimer & Disclosures pursuant to §34b WpHG
The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only.
Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
XAU GOLD 26/6 !! Any chance for gold price to recover?Gold price receives some support as the US Dollar weakens slightly. The USD has been struggling to gain momentum despite a recent recovery, and this is partly due to a decline in US Treasury bond yields. Additionally, concerns about the impact of the failed mutiny in Russia have also contributed to the rise in the safe-haven appeal of Gold. Notably, Russian mercenaries briefly seized the city of Rostov before retreating after reaching a deal for their safety and the exile of their leader, Yevgeny Prigozhin, to Belarus.
Gold price has now recovered to above $1920 mark, specifically at $1925
Can BUY zone at:
BUY ZONE 1913 -1915 entry 1, BUY zone 1903 -1905 SL 1892
Technical indicators analysis EMA 34, EMA 89. Strong support at $1903 - $1900
GOLD 23/6 $$ CORRUPTION OF PRICES ABOUT $1910The US Dollar's moderate strength is playing a role in limiting the rise of XAU/USD. Additionally, Federal Reserve Chair Jerome Powell, in his recent two-day testimony, emphasized that the central bank will likely increase interest rates later this year, but in a cautious manner, to address persistent high inflation. Powell also stated that rate cuts are not expected in the near future and the Fed will wait until it is confident that inflation is moving towards the target of 2%. As a result, US Treasury bond yields surged overnight, providing some support for the US Dollar and potentially further curbing the price of Gold denominated in US Dollars.
Gold price is approaching the lowest price in 2 months around $1910. The buying force at this time is not large, the downtrend is still dominant
SET up GOLD zone at:
BUY GOLD zone: $1903 - $1900 SL 1890
Based on the EMA 34 , EMA 89 shows no signs of reversal yet
GOLD 22/6!! Will buyers prevail?The price of gold is being supported by economic troubles and a weaker US Dollar. Concerns about a global economic downturn are affecting investor sentiment, leading to a generally weaker tone in the stock markets. Additionally, the demand for the US Dollar is subdued, which is also contributing to the support for gold as a safe-haven asset. The USD Index, which tracks the value of the US Dollar against other currencies, is near its monthly low due to uncertainty over the Federal Reserve's rate hike plans.
Gold is fluctuating at $1932, may drop 1 more beat before recovering
Today, order to place a BUY AT:
BUY zone: $1923- $1925 sl $1913
Based on the moving averages EMA 34, EMA 89 , the MACD moving average is close to crossing the signal line, volume divergence is forming.
usdchf long signalthere is a good chance to long usdchf here.
⚠️ Notice:
I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
GOLD 21/6!!! Gold near post-Powell lowsGold prices remained just above their lowest level in three months on Wednesday, as they suffered significant losses in the previous session due to traders shifting their focus to the dollar in anticipation of further information on U.S. interest rates.
Later in the day, Federal Reserve Chair Jerome Powell is scheduled to testify before Congress, which could provide more insight into the future of monetary policy and interest rates following the mixed messages from the Fed last week.
The uncertain stance of the Fed prompted some investors to move their assets into the dollar, given that the central bank paused its rate increase cycle but indicated the possibility of more hikes later in the year. Consequently, gold prices were negatively affected and remained relatively stagnant within a narrow trading range observed over the past month.
Prediction of sideways gold price in the price range $1920 - $1955
Today, can put 2 entry at:
BUY GOLD: zone $1925- $1927
SELL GOLD: zone $1949- $1951
Combine 2 EMA 34, EMA 89 and finonaccy signal to have 2 beautiful support and resistance entry areas
GOLD 19/6!!! Starting a new week with stable pricesThe uncertainty surrounding the Federal Reserve's plans to increase interest rates is considered a significant factor supporting the price of gold, which does not provide any yield.
However, a substantial increase in value still appears to be difficult to achieve.
The recent underwhelming macroeconomic data from the United States has raised doubts about how much room the Federal Reserve has to continue raising rates, leading to speculation that the current phase of tightening monetary policy may be coming to an end.
Nevertheless, the Federal Reserve has indicated earlier this week that borrowing costs may still need to increase by as much as 50 basis points by the end of the year.
This, combined with a slight increase in US Treasury bond yields, has helped the US dollar recover modestly from a one-month low reached earlier this Friday. The moderate strength of the US dollar may discourage traders from making bullish bets on gold, which is priced in US dollars.
The above basic information helps gold price this week June 19 continue to sideway $1983 - $1940
Today, Can buy price GOLD range $1943 - $1940
According to technical analysis, the hard support at the $1943 price zone is difficult to penetrate. Nice entry point to enter long.
And of course, we expect a nice Sell from the 1964$ price range today
Mid-Range Trade opportunity on JP MorganHere is a good trade opportunity on JP Morgan.
I will wait for the breakout of the resistance level and then enter after a successful retest to the resistance level, and if it fails to break the resistance level and breaks the lower trend I will Exit and close the trade.
1- You can get around 11% profit easily.
2- It might take 1-2 months.
3- There is also a dividend declared by the company ( Ex-date: 5th July 2023).
4- This is one of the most reputed and large-cap companies, so it should be considered safe!
5- Follow the instructions on the chart carefully, Feel free to modify the trade according to your risk.
Disclaimer: This is not a piece of investment advice and I am not a certified financial advisor, I just found an opportunity and thought it would be great to share it with the community, Invest at your own risk, and feel free to modify the trade according to your risk profile.