XAU/USD Outlook : Potential Targets and Trading OpportunitiesJoin us as we take a closer look at the XAU/USD market and identify key levels of support and resistance . Based on our analysis, we'll provide you with potential targets and highlight the best trading opportunities for the coming week. Whether you're a seasoned trader or just starting out, this video will give you a comprehensive overview of the XAU/USD market and help you make informed decisions. Don't miss this opportunity to stay ahead of the game and maximize your profits in XAU/USD trading!
Opportunity
BTC/USD short selling opportunityThe BTC/USD pair has been in a downward trend for the last few weeks, as it has dropped from a high of 23041 to its current level of 22983. This downward trend has created a good opportunity for bearish traders to take advantage of short term trading opportunities.
The current bearish trend has been driven by a combination of negative news, rising volatility, and low demand. The possibility of further drops in the BTC/USD pair is high, with some analysts suggesting that the pair could fall to a low of 21000 in the near future.
In order to take full advantage of this bearish trend, traders should utilize short term trading strategies such as scalping and swing trading. These strategies involve entering and exiting trades quickly to benefit from small, short-term movements in the market. Traders should also be sure to monitor the news and any economic data releases that may affect the market, as these can have a significant impact on the price of the BTC/USD pair.
Overall, the bearish trend in the BTC/USD pair has opened up several short-term trading opportunities, with some predicting the pair could fall to 21000. Traders should take advantage of these opportunities by utilizing short-term trading strategies and closely monitoring market activity.
Inverted HNS — Reversal of the downtrendAfter the ceasefire in Ukraine, many traders are cautiously optimistic as the markets may be turning around. The appearance of an inverse head and shoulders pattern hints at a possible reversal in the downward trend since the Ukraine invasion. This could be a sign of a positive shift in the markets and could potentially open up some great investment opportunities. Traders should be sure to watch the markets closely for any potential opportunities that arise in the coming weeks.
The appearance of bullish flag pattern in the right shoulder might also indicate a continuation of recent uptrend.
The price is currently in a strong weekly resistance zone. This is a strong resistance zone that matches 0.5 level of weekly Fibonacci retracement, also it is the neckline of the inverse head and shoulder pattern. I am eagerly awaiting the break of this resistance, which will be a big big opportunity. For the breaking, I am looking for breaking candle body to be greater than 1.5 ATR; and if there is no break, I am looking for reversal candle which could be e decline from the resistance zone.
Additional confirmations
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The cables most negatively correlated EURGBP pair is also in its weekly resistance zone. This pair is in the process of making a double top chart pattern in 4H TF. This could indicate a rejection from the resistance zone and if that happens, the price will face down as the GU faces the opposite direction.
Short and long idea for $BNBUSDT Easy to understand drawings for both the plays.
I believe in Binance and the fud causing the dump is just a test of Binance Foundation and i think they will survive this.
Level by level play is only safe i feel because theres lots of liquidity pump and dump happening.
I'm currently long from the below level with stops BE, if i got stopped i will wait to let price action develop to take further action on it.
Stay Safe, DYOR!
-Frisco
EUR/USD likely to fall!Hey tradomaniacs,
market-depth looks pretty bearish now and we could see a nice drop here.
Technically a great spot to short with tight Stop-Loss!
Still waiting for a retest of the resistance / trendline to get a confirmation! Overall a possible setup ahead this brutal week!
What do you think?
EUR/USD likely to fall!Hey tradomaniacs,
looks like EUR/USD is going to fall after the recent retest of the trendline and naked Point of Controle from yesterday.
Entire pump had higher volume, but almost a neutral Delta - This pump happened with Front-Pushing and is so a move of manipulation. Im waiting for a retest to get a confirmation.
Be cautious as EURO has been very very choppy lately compared to other paires.
What do you think?
SPX500 about to fall? Key-Level-Alert!Hey tradomaniacs,
SPX500 just pumped up towards a major resistance-area where a lot of bearish confluence is possible.
Generally I must say that the recent pump caused by Jerome Powell seems to be SUS as his entire speech was pretty hawkish.
I also think he doesnt really want stocks to move up as it would not ease financial conditions and boost inflation.
However, technically a good spot to watch! Either for shorts or a break to the upside!
What do you think?
NZD/USD likely to fall!Hey tradomaniacs,
looks like NZD/USD is re-testing a nice resistance-zone to short with the current correction.
Volume already looks pretty bearish tho as we see a-reversals with strong absorption of buyers.
Im still cautios and patient as the market just opened, but as soon as confirmed I`ll execute a short-position here.
What do you think?
Downtrend on EURUSDThe resistance zone we’ve marked is having an impact and EURUSD is reversing the H1 trend.
On Friday we commended sales opportunities.
Now the options are on a break and test of 1,0278 or on another pullback.
The first target is 1,0142, and 0,9950 in case of breakout.
This movement is part of the downtrend on the daily chart.
NZD/USD likely to fall!Hey tradomaniacs,
NZD/USD is testing a nice resistance-zone to go short.
Currently it looks like we see distribution which is likely to result in a break
of the current support at 0,61670.
If we get a break here soon we could consider to short with a nice risk-reward!
Orderflow looks bearish so far after the recent v-reversal showing fakemoves
to attract buyers!
WATCH OUT: Today is the small expiration day, means volatility is possible
especially since leveraging is so extremly unilateral.
Brokers / market makers might have to close there hedge-positions and so cause wild moves.
What do you think?
EUR/USD likely to fall!Hey tradomaniacs,
EUR/USD is testing a nice resistance-zone to go short.
Todays statements by FED Bullard was pretty hawkish as he aims for rates
between 5% -7%.. so long way to go and more rate-hikes probably incoming.
Orderflow is not 100% clear but it starts to turn bearish as bullish volume slowly fades.
What do you think?
USD/CAD likely to move up!Hey tradomaniacs,
USD/CAD has tested a strong key-support-zone which is the breakoutzone of the current major trend.
The oderflow looks bullish so far in the small timeframe, so I will give it a long trade but ofc with aggressive management until we see a break out of the current consolidation.
What do you think?
EUR/USD likely to fall! TP hit!Hey tradomaniacs,
TP quickly hit and now im short.
Technically we see a fakeout and a good chance to short.
Recent PPI shows that its not impressive and priced in to see a lower inflation in the US... Inflation has generally been no topic anymore as peak has been reached.
Now its more the fact that raised rates and upcoming rate-hikes into a recession will cause big problems... I exppect more risk-off!
Market-Depth has shown absorption!
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However, the good news was that the whales/top addresses are no longer selling. Regardless, we were yet to
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Investors should thus, keep an eye out for the transfer volume to pivot as a confirmation that demand recovery.
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