SOL USDTmy trade idea..
smart money concept (SMC)
Entry - 139.11
140.83
Sl - 135.52
TP - 159.39
( always do your own research )
EDUCATIONAL PURPOSE ONLY
safe trade!!!
Qml
USOIL (WTI) → bullish setuphello guys.
Trendline Break: The price has broken through a downward-sloping trendline, which is a potential signal for a trend reversal or continuation of the upward move.
Order Block Area: There is a highlighted horizontal zone (yellow) around the 70.30 level, which may act as a significant resistance or supply area. Traders are likely watching for a test or break of this zone.
QML Pattern (Quasimodo): The yellow circle highlights a QML pattern where the price reverses from a prior support level, suggesting a potentially bullish setup.
Upward Target: The projected arrow suggests that if the price can sustain above the broken trendline, it may attempt to reach the 70.30 resistance level, representing a potential price target.
Volume Consideration: While not displayed, monitoring volume increases as the price moves toward the target zone could validate the strength of the upward move.
Support Zone: A key support area appears around the 67.50 level, as shown by the horizontal blue line. If the price reverses, it could test this level again.
Overall, a bullish setup appears in place with key resistance around 70.30, but any failure to break that zone could result in a pullback to support around 67.50.
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Gold (XAU/USD) - Potential Bullish Reversahello guys.
Price Action Overview:
The chart shows a significant correction followed by a consolidation phase, with price touching key levels of support and resistance.
Weak QM (Quasimodo) pattern identified near the top, which indicates potential weakness in the downtrend.
QML (Quasimodo Line) at a lower level has held as a strong support zone, and price has rebounded from this level.
Key Support and Resistance Levels:
Support: The price reacted strongly from the lower diagonal trendline (QML region) and horizontal support zone, signaling buyer strength.
Resistance: A key target for the bullish move is set around 2,679, indicated by the purple dashed line.
Market Structure:
Price is in a corrective pattern after failing to break lower support zones, showing a potential bullish reversal.
"Hunted the pattern" signifies a fake-out below key support, trapping sellers before reversing upward.
Risk and Reward Setup:
Stop-Loss placed below the recent lows (just above 2,028), protecting against downside risk.
Take-Profit target is around 2,679, aiming for a substantial upside.
BTC → a scalp positionhello guys.
it is a scalp position in short-term time frame if you are interested!
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GOLD → A possible breakouthello guys.
Range-Bound Consolidation: The price has been consolidating within a well-defined range, as shown by the repeated tests of both the upper and lower boundaries (labeled 1 to 6). This range represents a period of indecision or accumulation.
Engulfed Pattern & QML: The chart shows an "Engulfed" candle formation followed by a QML (Quasimodo Level), indicating a potential reversal pattern within the range. This suggests a shift in market sentiment that could precede a breakout.
Potential Breakout Scenario: A possible breakout above the upper boundary of the range is highlighted. If the price action breaks above the current range resistance, a move towards the next significant level around $2,540 or higher could be anticipated.
Key Levels to Watch:
Upper Resistance: Around $2,530-$2,540, which has been tested multiple times.
Lower Support: Around $2,480-$2,490, marked by the range's lower boundary.
Key Points:
Range-Bound Market: The price is currently in a consolidation phase, moving within a defined range.
Potential Bullish Breakout: A breakout above the upper range is possible, with targets towards $2,540 or beyond.
Critical Resistance and Support Levels: Watch for a break of resistance around $2,530 or a drop below support near $2,490.
___________________________
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GOLD → two QML are fighting against!!hello guys.
Breakout of the Main Channel:
The price has recently broken out of a main ascending channel, suggesting the start of a new bullish phase. This breakout indicates strength and potential continuation to the upside.
Key Levels and QML (Quasimodo Levels):
Two significant Quasimodo Levels (QML and QML 2) are marked on the chart. These levels are typically reversal zones, and they have been tested, with the price showing reactions near these areas, indicating their importance as support and resistance.
Current Price Action:
The price is currently trading around the $2,517 level, within a consolidation phase just below a resistance zone near $2,530.
A small pullback is expected before making another attempt to breach the resistance zone and reach the first target.
First Target:
The first upside target is set around $2,535, which aligns with the next significant resistance area. This level serves as a potential profit-taking zone for traders going long.
Trendline Support:
The ascending trendline acts as a dynamic support. As long as the price stays above this trendline, the bullish momentum remains intact. A bounce from this trendline would confirm the strength of the uptrend.
Potential Bullish Scenario:
If the price breaks above the resistance near $2,530, it will likely hit the first target at $2,535. A successful breakout could lead to further upside, continuing the bullish trend.
Overall, the analysis points to a bullish continuation for Gold, with the key resistance level at $2,530 being the immediate hurdle. Watching how the price interacts with this resistance and the trendline will be crucial for gauging the strength of the bullish move.
___________________________
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TESLA → an upward chancehello guys.
let's analysis Tesla
1. Key Levels:
Descending Trendline: The blue trendline represents a long-term resistance level formed by lower highs. The price has recently broken above this trendline, suggesting a potential shift in market sentiment.
QML (Quasimodo Level): The yellow box represents a demand zone where the price found support and launched the current bullish move.
2. Bullish Breakout:
The price broke above the descending trendline, signaling a possible trend reversal. The breakout is marked by a yellow circle on the chart.
After the breakout, the price pulled back slightly but remained above the QML zone, indicating strong support.
3. Upside Potential:
First Target: The first resistance level to watch is around $325.73. This is a previous swing high and could act as a significant resistance level.
Second Target: If the price breaks above $325.73, the next target would be around $402.32, which is another key resistance level from the past.
4. Bearish Scenario:
If the price fails to hold above the QML zone and the trendline, it could indicate a false breakout. This might lead to a retest of lower levels, possibly back to the QML zone or even lower.
Summary
Descending Trendline: A long-term resistance level has been broken, indicating a potential bullish reversal.
QML Zone: A strong demand area supporting the current uptrend.
Bullish Scenario: Targets are $325.73 and $402.32 if the uptrend continues.
Bearish Scenario: Failure to maintain above the trendline and QML zone could lead to a retest of lower levels.
___________________________
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GOLD → still bullishhello guys.
1. Price Action & Market Structure:
The chart shows a recent bullish trend, where the price is forming higher highs and higher lows within a rising channel.
A double bottom pattern is evident around the $2,380 - $2,385 level, indicating a strong support area that previously reversed the downward movement into the current uptrend.
2. Key Levels:
Support Zone (QML): The lower yellow shaded area around $2,377 to $2,381 acts as significant support, where the double bottom pattern was formed. This suggests strong buying interest in this zone.
Upper Resistance: The price is currently approaching the upper boundary of the ascending channel, with the next major resistance around $2,450.72. This is the level to watch for a potential breakout or reversal.
3. Bullish Channel:
The price is trending within a well-defined upward channel, indicating a controlled bullish trend. As long as the price remains within this channel, the bullish bias holds.
4. RSI Divergence:
The RSI shows a bearish divergence, where the price is making higher highs, but the RSI is making lower highs. This could indicate weakening bullish momentum and the potential for a short-term pullback or correction.
5. Potential Scenario:
Bullish Continuation: If the price breaks above the resistance around $2,450.72, it could lead to further upward movement within the channel, targeting new highs.
Bearish Reversal: Given the RSI divergence, there is a possibility of a pullback towards the mid or lower boundary of the channel. If the price fails to hold above the $2,430 level, it might test the support near the $2,410 - $2,415 area.
Summary in Bullet Points
Current Trend: Gold is in a short-term bullish trend within an ascending channel.
Support: Key support around $2,377 - $2,385, marked by a double bottom.
Resistance: Major resistance near $2,450.72, at the upper boundary of the channel.
RSI Divergence: Bearish divergence on RSI suggests potential weakening momentum.
Outlook:
Bullish: A breakout above $2,450.72 could lead to new highs.
Bearish: Watch for a potential pullback if the price respects the RSI divergence and fails to break the resistance.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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XAUUSD H4Gold has uptrend now. Some of zone has low volume and high volume. In my point of view it will make a fake zone then drop after one candle drop it can be continue.
GBPUSD | H1 | Trade IdeaLooking into GBPUSD from an overall structural perspective we can see that we’re currently trading within a consolidation forming on our higher timeframes so currently our trading is focused more around the key areas within the consolidation while we wait for the market to choose an overall direction on a larger scale.
Now taking from the above statement we can see that as we further breakdown GBPUSD going into smaller timeframes we can see that the market has broken out of our rising wedge formed on our H1/H4 timeframes and also through our minor 1D uptrend, now given that breakout we can further take note of the potential QML forming on our H1 which would further add as confirming our potential sell order.
I’ll be looking to sell GBPUSD from 1.27273 upon the retest of our diagonal Support from the breakout of our lower timeframe rising wedge which will also be the completion of our “Right Shoulder” on our potential QML formation. Stops will be placed at 1.27677 (-40 pips) and my final Take Profit level being 1.25361(+191 pips) giving us a potential 1 : 4.7 risk reward ratio.
We should also take note of the potential Fundamental announcements that will be released throughout the course of this week which will have an impact on the overall USD value and also those that’ll be impacting the overall GBP value as there are some important announcements that’ll be made I.e interest rates.
NB: This analysis is comprised solely of my own personal opinions and my own person outlook/overview of the market and should not be taken as direct advice to either enter a buy/sell position within the outlined market, please confirm with your own analysis prior to taking any trading decisions based on the outlined analysis.
XAUUSD BUY & SELLHello Friends,
In this analysis as always i have multiple areas of sell and buy. To begin with currently price is at area 31 which is a buy side level, just below it exist level 26 which is also a potential winner. should price go up level 39 -42 is a supply zone and just above it there is a QM level which price reacted to yesterday and it would be second reaction(risky).
* As always make sure you pay attention to the news which is going to be published later this afternoon. *
Be honorable
XAUUSD SHORT AND LONG SCENARIO Hi guys, I'm back with another gold analysis.
So currently price is below 1943 supply level and has already touched it once. If price breaks below then demand level at the bottom around 1928 could be a possible long opportunity. and if the breakout is to the top then 1952 level is the potential sell side area. In addition to having a supply level around 1952 also a trendline exists so it makes it much more reliable then a normal area of supply. But before we get there price has to go through the resistance level which is around 1945.
Make sure you have these areas on your chart and act accordingly upon market reaction.
Be honorable
EURUSD BUY AND SELL POSSIBILITIESHi guys, This time I'll be covering EURUSD. SO currently price has tapped into our supply area which is around 1.0674-1.0694 and is selling off. Should selling continue I would expect the price to decline to 1.0623 which is the broken resistance level. Then below our support level we have a demand area which has been tested once and it could be worth trying it for the second time. So make sure you have these two levels under observation and take appropriate action upon price reaching there.
Be honorable
usdjpy is sellhi my friends
i think usdjpy is sell becuse in my structre smt zone
tp and sl show in chart
please comment for me and give me your idea
A SELL POSSIBILITY ON EURCHFJust above our Resistance level which has been tested multiple times already there you can see a supply area untested. we could wait for the price to get there and act in the following ways:
1. aggressively take a short trade upon price reaching our level
2. cautiously wait for reversal signal maybe a change of character in lower time frame upon reaching our entry
A long ScenarioAnother example of QM setup has formed on 30 min timeframe.
As always we could go two way about this trade, risky which means entering as soon as price hits our entry or confirmed which means looking deep into lower timeframe for reversal as soon as we price reaches our entry.
** Remember this is the second time price visiting our QM level so it involves some degree of risk
**Important notice: later today we have a news coming for USD which might impact the trade**
$$ STAY TUNED FOR FURTHER TRADES AND ANALYSIS $$
An Example of QMYou've all noticed that I use RTM patterns extensively in my daily trades. Here is another example of QM.
As always we have a perfect setup which was confirmed by breaking the last high with a good momentum candle. Upon retracing back to the QML, market bounces off and goes all the way back to hidden FTR. Should there be enough buyers price could continue further up to the 87.80 level which happens to be a supply zone.
But there is a important thing here, make sure you check out the news because in couple hours major news will hit the NZD and this whole analysis could go other way around.
Stay Tuned for further Education and analysis
A possible Long Scenario As it's shown we have a possible QM setup at the lower extreme point. As always two types of entry could be taken into consideration.
Risky Trade : Enter upon, price reaching the entry level and set the SL and TP accordingly. This method is riskier because it might ignore the level and hit the SL.
Confirmed Trade: Upon reaching the entry level, Check the lower time frame like 1 or 5 and spot reversal ( CHOCH) to the upside.
SPECIFIC analyze for us500hello guys
it is late in my country and i should be sleep until now but prefer publish this lazy analyze i hope you enjoy
i think it is time for short position because of bearish trendline also i draw my forcastin that consider both important level, QML and FRESH FLAG
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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BE PROFITABLE
THREE positions for BTCGreetings everyone,
I apologize for my absence as I was on vacation. In Iran, we celebrate the festival of Nowruz which revolves around the appreciation of nature and the earth's rotation.
Now, let's shift our focus back to analyzing this magnificent coin!
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What happened to BTC before?
It reached the QML.
It started a sharp upward movement after a divergence on the MACD.
It exited the ascending channel, however, not very convincingly.
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What should we do now? (My prediction)
Step 1: It will touch the FL area and create a long position there. This will involve minimal movement and will only be based on the stop loss.
Entry: $26680
Target: $28200
Step 2: After this, it is expected to reach the trendline as shown on the chart. The target will be dynamic and will depend on following the price and trendline at the moment.
Step 3: Once it touches the QMC and QML, it will initiate a long movement until it reaches the target that I have shown.
GBPUSD Short ideaQML short
The trade is based on a QML model
Entries should be confirmed with mini QML (Daily or H4) at the monthly QML level
BNB --> alert for downward movementsBNB --> alert for downward movements
hello guys...
in my opinion, there are signals for downward movement as well,
but from where?!
I think after touching the liquidity pool area!
there are two targets for short positions that I have shown these!
the green area is excellent for a long position, be aware!
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
xauusd ---> possible moveshello guys...
let's see what happen to gold before:
Start a sharp move
Formed a three-drive pattern
Hunt last level of three drive
Formed a QML
NOW, what is more probable, and what should you do?!
1- if the price reaches the pink area get a short position with a logical target
2- if the price breaks the gray area gets a long position and the target is the pink area
what is less probable but not out of mind?
1- gold wanna touch the green area and after that start a downward movement
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always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
