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TradeCityPro | OPUSDT Analysis Prepare Your Bullish Triggers!👋 Welcome to TradeCityPro Channel! Let’s dive into the market and analyze OPUSDT, focusing on a detailed breakdown of its structure. Remember, those who stay calm and manage their emotions during market corrections are the ones who profit big in the bull run. 🌍 Market Overview As always, we start with Bitcoin. Currently, it’s undergoing a minor pullback with hourly red candles and good volume. However, this is a positive development as it signals a potential pullback in Bitcoin dominance, possibly forming a lower high on the daily timeframe—a bullish indicator for altcoins. Currently, Bitcoin is fluctuating around the 94,660 support. If this level is broken and Bitcoin moves toward 91,000 with a rising dominance, altcoins could see another 20-30% drop. 🕒 Weekly Time Frame OP is a relatively new coin, part of the Layer 2 category, and hasn’t experienced a bull run yet. The weekly candle shows a strong rejection at 2.688, making it a better resistance level than the previous 3.016. This rejection also enhances the significance of the 2.688 entry point. Additionally, there’s a hidden trendline that has acted as support in the past, and after breaking it, the price pulled back. It has rejected this level again, suggesting potential future significance. For safer entries, wait for support confirmation on lower timeframes or a breakout above 2.688. If you already bought at the 1.93 breakout, hold your position and remain patient. 📊 Daily Time Frame On the daily chart, after breaking out of the accumulation box between 1.324 and 1.833, the price moved the size of the box to reach its first target (R:R 1). From there, it faced a heavy rejection. pullback to the 1.833 support seems logical as this level aligns with the 50% Fibonacci retracement and Dow Theory principles. Confirmation on lower timeframes could signal a bullish reversal. For now, wait for the downward momentum to fade before planning new entries. If the market moves sharply upward, this could introduce strong bullish momentum, allowing for higher-risk entries. 🕒 4-Hour Time Frame On the 4-hour chart, the coin broke a rising trendline, leading to a drop. I personally didn’t open any short positions, nor would I recommend them in this context. If 2.049 support is broken and Bitcoin dominance rises, the price could drop further to 1.833. Decision-making at that level will be key. 📈 Long Position Trigger if the price ranges between 2.049 and 2.283 and starts gaining bullish momentum, a breakout above 2.283 with increasing volume would offer an early entry opportunity. 📉 Short Position Trigger while breaking 2.049 might seem like a trigger, I still don’t recommend it. If you choose to short, watch the RSI, which is deeply oversold. 💡 BTC Pair Insight In the current conditions, the Bitcoin pair (OPBTC) might not hold much significance. Coins that have either not dropped much or completed healthy corrections with declining bearish momentum are more favorable. For OPBTC, the key trigger would be a breakout above 0.00002975, which could signal the start of its upward move in a bullish market. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
9
Why GBPNZD Longs are just getting started I wrote about a turnaround for GBPNZD about 10 days ago, buyers could be seen coming back into the pair. Then I went back a few months to the last bears-rally passed back to the bulls in GBPNZD and it could be seen that is was a fast and clean transition back to the bulls. So I have not looked at the chart much lately, until of course today. But here is why I bought back in after taking all profits recently; The MACD Daily, the best one for reliability and these cross-ups are accurate but market-makers at the big banks know of their existence but of course price would never be manipulated by anyone to throw retail traders off the scent. Anyway, you can see here in the daily chart the uptick in the volume analysis, yellow lines & then green lines still longer than previous, that all timed wonderfully well for the MACD crossing up to the sky's and my guess is soon price of GBPUSD will power across the triple top and beyond 2.20. Finally, here are a couple more charts. 1HR and then Monthly
by Easy_Explosive_Trading
TradeCityPro | CFXUSDT Analysis: Don’t Fear the Red Candles!👋 Welcome to TradeCityPro Channel! Let’s dive into the first day of the week where we’ve seen red candles and minor corrections. This is a good time to review our coins and prepare our triggers. 🌍 Market Overview Before analyzing CFX, let’s take a quick look at Bitcoin. It faced a strong rejection at 100,400 and printed a significant red candle. But what should we do in such cases? For now, nothing. The trend remains bullish, and Bitcoin dominance is also correcting. If Bitcoin’s dominance continues to drop and forms a lower high on the daily timeframe while the market remains bullish, keep an eye on the charts for potential altcoin entries. This scenario could signal the start of a bull run. 🕒 Weekly Time Frame CFX stands out as an older coin with prior bull-run experience. It’s trading above last year’s lows and hasn’t experienced steep declines. Yesterday, we analyzed this coin briefly, but today, we’ll go into more detail. Unlike most altcoins that began their bullish moves from their lowest levels, CFX has already started its upward trajectory from 0.1219. Fibonacci analysis shows that 0.1219 aligns with the 50% retracement level—a significant support both in Fibonacci terms and Dow Theory. After forming a range around this level and breaking the 0.1810 trigger, the coin moved toward its first target at 0.2596. For further targets, use Fibonacci extensions from the same 0.5 range. Once 0.5171 is broken, potential targets include 0.7385, 1.21, and 2.26. If you entered at 0.181, holding your position is advised. For re-entry, consider buying after the 0.2596 breakout with a stop-loss at 0.1219. RSI confirmation above 76.18 would also validate the entry. 📊 Daily Time Frame On the daily chart, CFX was in a ranging box, forming higher lows. A breakout above 0.1851 was accompanied by a strong entry candle with buyer momentum, an RSI entry signal, and volume confirmation. Stop-loss was set at the daily low of 0.14. If you followed this trigger, you’re likely in profit despite the current red daily candle. This correction is healthy, as an uptrend without pullbacks or red candles is often unsustainable. For re-entry, consider buying after the 0.2596 breakout with a stop-loss at 0.14. Alternatively, a pullback to 0.1851 with confirmation from a bullish candle could also provide a good entry point. 🕒 4-Hour Time Frame Let’s discuss how you could have entered positions earlier. After the 0.1905 breakout, a bullish engulfing candle (covering the prior two candles) marked the entry trigger. The stop-loss was set below the previous low, ensuring a secure long position with a good risk-reward ratio. But would you really use a 14% stop-loss in futures trading? Yes, in volatile conditions like this, a larger stop-loss ensures safety and increases win rates. It’s better to risk 1% with higher win rates than repeatedly hit small stop-losses, which could harm your trading psychology. 📈 Long Position Trigger wait for the 0.2596 breakout or RSI returning to its range, coupled with momentum confirmation in lower timeframes. In bullish markets, an RSI recovery from oversold levels and breaking above 30 can also serve as an early long trigger. 📉 Short Position Trigger For shorts, I still advise against them. For example, shorting the 0.2412 breakdown with a stop-loss at 0.2596 would’ve only offered a 1:1 risk-reward ratio, going against the primary trend. 💡 BTC Pair Insight Against Bitcoin, CFX has held its 0.00000164 support and found strength. After breaking the 0.00000294 trigger, the coin is expected to deliver its main moves in the USDT pair. If the market remains bullish, CFX could showcase significant upward momentum. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
4
TradeCityPro | RUNEUSDT The Best Opportunity of the Week👋 Welcome to TradeCityPro Channel! Let’s analyze another cryptocurrency in detail, as the market is relatively calm right now, providing the perfect time to review and align our triggers. 🌍 Market Overview As always, let’s start with Bitcoin. Over the past two days, Bitcoin hasn’t shown any significant movements, mostly ranging due to the weekend—something quite normal. These consolidations were needed for the upcoming moves. For the week ahead, if Bitcoin breaks the 100,400 resistance and its dominance declines, make sure to focus on altcoins for potential positions or purchases. Conversely, if Bitcoin dominance rises, consider trading Bitcoin or coins paired with Bitcoin that are showing bullish trends. 🕒 Weekly Time Frame RUNE is one of the coins that has shown some movement before the broader market moves began. It hasn’t risen from its all-time low but instead from its 2024 bottom, maintaining a bullish trend behind it. You can consider buying after the weekly candle closes above 6.950, as this would indicate a breakout of weekly resistance. The volume is favorable, and the RSI has entered overbought territory. Place a stop-loss at 3.038 to participate in the potential move. After initiating its move and finding support at 3.038, you can draw a Fibonacci retracement. The 0.382 level aligns with this support, and upon breaking the high (currently in progress), the Fibonacci extension levels suggest targets of 11.64, 26.431, and 46.375. Some might wonder why the March 2024 movement wasn’t used for Fibonacci. This is because that movement was overly impulsive and later rejected, with a pullback to the previously established resistance at 6.95. Hence, this range is more appropriate for analysis. 📊 Daily Time Frame RUNE is currently encountering a critical daily resistance. A breakout could lead to a move toward 10.695. For a purchase in this timeframe, you can consider entering after a breakout above 7.32 with a stop-loss around 4.92. This would be a slightly riskier entry. Confirmation could come from an RSI pullback to 70 and a subsequent upward movement. RUNE hasn’t shown much activity recently, but money appears to be flowing into it. Considering the weekly uptrend, it’s worth positioning ahead of a potential move. 🕒 4-Hour Time Frame On the 4-hour chart, RUNE is following a parabolic curve and has reached the 7.352 resistance. After being rejected initially, it didn’t drop significantly, and on the next attempt, volume increased as it approached the high again. This second rejection further validates the resistance. 📈 Long Position Trigger the trigger is clear enter after breaking 7.352. Use a wide stop-loss as this is a daily resistance breakout and may experience fluctuations; missing the move is not an option. 📉 Short Position Trigger I’m still not interested, just as I’ve been in recent days. I prefer either resting or providing analyses for the community so we can collectively reduce stop-loss hits while building a stronger TradingView presence. 💡 BTC Pair Insight RUNE, compared to Bitcoin, is in a favorable position. Unlike many altcoins, it’s not at its absolute bottom but rather near its 2024 low. Confirmation of an upward trend would come from breaking the weekly trendline or surpassing 0.00008139, which would likely initiate a significant pump. This relative strength compared to Bitcoin is a positive point for us. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
44
TradeCityPro | HOOKUSDT Potential Start of a Sharp Move👋 Welcome to the TradeCityPro channel! Let’s analyze the market on this quiet Saturday with low volume. We'll focus on identifying and aligning our triggers for HOOK. 🌍 Market Overview Before starting, as always, we take a quick look at Bitcoin. Today, it hasn’t made any significant moves and is mostly range-bound. However, volume seems to be entering, suggesting that we might see another upward movement either tomorrow or in the coming week. During such upward movements, Bitcoin dominance may decline, providing an opportunity for altcoins to shine. This is when altcoins can generate substantial profits, so make sure to stay close to the charts during these times. 🕒 Weekly Time Frame In the weekly timeframe, HOOK has rebounded from its last support and seems to have begun its first upward movements. The 0.3747 support was faked out, followed by a solid green candle with good volume that engulfed the previous candles , After activating the 0.5058 trigger, it is now heading toward 0.75. For new entries, after breaking 0.7504, a buy opportunity can be considered. However, note that the stop-loss will need to be set quite wide at 0.3747. If the price consolidates or retraces, it could provide a better stop-loss level. 📊 Daily Time Frame In the daily timeframe, after breaking 0.5103, the price moved upward but has recently shown signs of weakness , RSI is in the overbought zone. The green candles are getting smaller, indicating a loss of momentum. Despite this, with a valid trigger, a position can still be taken. The 0.7562 level remains a trigger for buying , Alternatively, after a correction, a breakout above the current high (using Dow Theory) could justify entry with a better stop-loss level. For those who bought at the 0.5103 trigger, holding the position is recommended as the price hasn’t moved significantly relative to the broader market. 🕒 4-Hour Time Frame In the 4-hour timeframe, following the daily move, HOOK is consolidating in the range between 0.6588 and 0.6980. This consolidation might be preparing for the next move. 📈 Long Position Trigger Breaking 0.6980 is a valid trigger for a long entry , It is advisable to keep a wide stop-loss to avoid being stopped out during minor corrections and to stay positioned for potential gains after the breakout. 📉 Short Position Trigger No short positions are advised at the moment. Like recent market analyses, the focus remains on long opportunities, especially as Bitcoin holds strong above $80. This concludes the technical analysis for HOOK. Stay patient and disciplined with your entries and stop-losses for this setup. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
3
Gold? Nothing much lately.That's what made me check. Bulls I don't follow the news much these days, but the safe haven thingy is not going away, Middle-east, Russia, North Korea, it seems to be the cool thing for a leader to do is start a war. Enter the Gold-price & its safe haven attributes. I had written Gold off the last few days, doing its daily up and down liquidity checks and price not moving much on Friday. You will see in the chart on the 30m that gold recently parted ways from a wedge pattern, price moved aggressively south for about 100% move of the width of the wedge, then it moved aggressively north and stopped well north of its exit from the wedge and then made a perfect 38.2% retracement. So what happened next. Well price has accumulated around this level and price is beautifully above VWAP and the 200ema. All 3 charts have confluence setups for bulls. But here is what I don't like. One moment.
OANDA:XAUUSDLong
by Easy_Explosive_Trading
TradeCityPro | TRBUSDT Solid Coin for Spot with Target Review👋 Welcome to the TradeCityPro channel! Let’s analyze the TRB coin from a spot perspective, avoiding a focus on futures, while examining its technical triggers and potential targets. 🏆 Bitcoin Overview Before diving into TRB, let’s quickly touch on Bitcoin. Last night, BTC experienced a sharp corrective move with some FOMO-induced sell-offs, causing market-wide fear. However, the dip was primarily confined to Bitcoin, and it quickly rebounded. Corrections like this are typical during a bull market, and maintaining calm is crucial. With proper risk management in place, such moments shouldn’t lead to panic. Remember, the worst-case scenario is hitting a stop loss, but often, positions don't even get triggered in such volatile conditions. 📅 Weekly Time Frame TRB is among the coins that experienced a significant pump of over 1,000% before the bull market even began. A key positive aspect is that it never returned to its previous yearly low, similar to Solana. After this strong upward movement, it consistently bounced off a robust support level, indicating that sellers are losing momentum and buyers are entering the market. Additionally, a downward trendline is evident, which is more of a continuation pattern. Breaking this trendline doesn’t require a specific trigger; after the breakout, we’ll invalidate all lower-high resistances, leading to higher price movement. With the current weekly candle, we can open a position in spot trading because , The candle has significant volume , It has broken the trendline , RSI is poised to enter overbought territory next week. Fibonacci Analysis for Targets By drawing a Fibonacci retracement from a clear high (ignoring FOMO-driven peaks), we can identify The 52.37 level aligns with the 0.382 Fibonacci level, making it a strong support zone. Target Levels :After breaking the 136.49 resistance, there are no significant resistances until Fibonacci extensions at: 243.12 - 623 - 1219 These levels are realistic, assuming TRB reaches a market cap of $2 billion, which depends on its ongoing development and adoption. 💡 BTC Pair Insight On the TRB/BTC pair, the coin has formed a green candle after bouncing from the 0.000723 support level. The good news is that TRB consolidated during its downtrend rather than continuously falling. After breaking 0.001215, a significant upward trend can begin , RSI breaking 50.80 would provide additional momentum confirmation. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
TradeCityPro | XAGUSD Analysis Ready to Move👋 Welcome to the TradeCityPro channel! Let’s step away from the crypto market and Bitcoin's ATHs for a moment to take a closer look at Silver (XAGUSD). We'll analyze this chart technically and identify potential triggers for entry. 🌟 XAG Fundamentals Silver (XAG) is one of the most versatile and historically significant commodities, valued both as a store of wealth and for its industrial applications. Understanding its fundamentals helps in Mining Production: Major silver-producing countries include Mexico, China, Peru, and Russia. Any disruptions, such as strikes or environmental policies, directly impact supply. Industrial Demand: Around 50% of silver's demand comes from industrial applications, such as electronics, solar panels, medical devices, and batteries. Investment Demand: Silver is often seen as a hedge against inflation and is regarded as a "safe-haven asset" during periods of economic uncertainty. Silver-Gold Ratio: Silver typically follows gold but tends to show higher volatility. A rising silver-to-gold ratio signals that silver is undervalued relative to gold, and vice versa. Silver is a more affordable option for investors who want exposure to precious metals but cannot afford gold. ⏳ 4-Hour Time Frame On the 4-hour chart, we see that the movements are clean and logical, making it easy to identify support and resistance levels. Most price actions have been steady, without unnecessary fluctuations, making this chart suitable for identifying trading opportunities. 📈 Long Position Trigger We are currently trading in a box between 29.79 and 31.38, with the price at the upper boundary. A breakout above 31.38 would signal an opportunity for a long position, with the target set at 32.32. 📉 Short Position Trigger If the 31.38 resistance proves to be a fake breakout, a short position could be considered after a break below 30.76, or after a consolidation period that weakens buyers’ momentum. Additionally, if the price breaks below 29.79, it would provide another opportunity for a short position. By carefully observing these levels and market behavior, you can find suitable trading setups while managing your risk effectively. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
FOREXCOM:XAGUSDLong
by tradecitypro
4
TradeCityPro | TIAUSDT Analysis Battling a Daily Resistance👋 Welcome to the TradeCityPro channel! Let’s analyze this promising coin on a day when Bitcoin has set a new all-time high (ATH). As always, we'll break it down step by step to find optimal entry points. 🚀 🏆 Bitcoin Overview Before diving into TIA, let’s take a quick look at Bitcoin BTC recently broke its price ATH and achieved a market cap of $2.04 trillion, surpassing Saudi Aramco and securing the 7th position globally in asset rankings. Following the breakout above 98,857, Bitcoin’s dominance surged, directing attention back to BTC. If dominance remains strong, expect focus to stay on BTC or strong-performing pairs like SUI. 📅 Weekly Time Frame TIA is a newly listed coin with no prior bull market experience but has achieved a solid market cap, ranking 44th overall. After an 80% drop, it ranged in a short box before breaking the 6.268 resistance alongside a trendline break. Currently, TIA faces resistance at 8.783, and an RSI overbought condition post-breakout could trigger a sharp rally towards 11.794. On a pullback, consider support at 6.268 , After 8.783 breakout, confirm the move with lower time frame analysis for safer entries. 🕐 Daily Time Frame The range between 4.221–6.268 shows a consistent pattern of higher lows, indicating growing buyer presence. After closing above the trendline, TIA now struggles at 8.373, with a potential breakout signaling further upward momentum. For safer entries, wait for a daily close above 8.373, setting your stop-loss at 4.67 , The main breakout point was 6.268, but entering now carries slightly higher risk. ⏳ 4-Hour Time Frame TIA is ranging between 7.189–8.740, forming clear triggers for futures trades , As long as 7.189 holds, focus remains on a breakout above 8.740 for long positions. 📈 Long Position Trigger After a clear break of 8.740, ideally with increased volume and momentum. 📉 Short Position Trigger Avoid shorting during a bull run. Wait patiently for new long opportunities. 💡 BTC Pair Insight The TIA/BTC pair has shown downward pressure, but recent green candles indicate a bounce from key support. breakout above 0.00001061 could mark the start of a bullish trend, making it a strong altcoin candidate for growth. 🎯 Conclusion TIA is showing promising bullish potential, but patience and strategic entries are key. Focus on breaking 8.783 and monitor volume for confirmation. Let the market work in your favor while you position for the next major move! 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
7
TradeCityPro | CADCHF Weekly Triggers for Precision Trading👋 Welcome to the TradeCityPro channel! Let’s step away from the crypto world and dive into a Forex analysis to prepare solid triggers for opening positions this week :) 🌐 Fundamentals Recap CAD: Strengthened by oil prices and Bank of Canada policies. Hawkish stances and higher oil prices are supportive. CHF: safe haven gaining in risk-off markets, driven by Swiss National Bank actions and global uncertainty. Key Dynamics: Risk-on sentiment supports CAD; risk-off favors CHF. 📊 4-Hour Chart Analysis The pair is in a range-bound structure between 0.6274 (support) and 0.6316 (resistance). The last 4-hour candle engulfed the previous 6, signaling a bearish outlook. Before this range, a strong green weekly candle formed but was fully engulfed in the subsequent week, emphasizing the longer-term downtrend. CADCHF is near its historical lows, which might attract selling pressure for continuation moves. 📈 Long Position Trigger Avoid longs for now. A bullish breakout above 0.6351 with higher highs and lows would be necessary to justify a long position. 📉 Short Setup break below 0.62741 with confirmation (e.g., RSI below 31.21) offers a solid shorting opportunity. Stop Loss Tip: Let the range consolidate for one or two more candles to tighten your stop-loss and refine your entry. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
1
TradeCityPro | FETUSDT Progress Toward a New All-Time High👋 Welcome to the TradeCityPro channel! Let's analyze one of the top AI-focused crypto projects, Fetch.AI (FET), and identify opportunities for both spot buying and futures trading. 🌍 Market Overview Before diving into FETUSDT, it’s essential to check Bitcoin’s behavior. Bitcoin continues to range, a trend that might persist for a few more days. However, with the dominance of altcoins on the rise, attention remains on them. Bitcoin’s eventual breach of $100K could temporarily restore its dominance. 🕒 Weekly Time Frame FET is one of the most bullish altcoins, having risen without revisiting its 2023 lows, largely due to the AI hype. After rebounding from the $0.056 support, it surged to $3.104, followed by a significant correction to $0.745. This zone was an ideal Potential Reversal Zone (PRZ) as it aligned with the trendline and Fibonacci levels. FET has bounced off the 0.382 Fibonacci level, and breaking above $3.104 could lead to targets of $4.868, $7.849, and $13.828 (calculated using Fibonacci extension). Last week’s candle closed above the $1.613 resistance, signaling bullish momentum. You could consider buying with a stop loss at $1.094. For those holding from lower levels, it might be wise to secure initial capital and some profits. As long as FET remains above its trendline, the outlook remains bullish. 📊 Daily Time Frame FET is entering a significant resistance box between $1.99 and $2.54—potentially the final stronghold for sellers. After breaking this zone, the path becomes clearer for higher targets, but expect temporary resistance or price fluctuations within this range. A breakout above $2.637 could provide another buying opportunity. 🕒 4-Hour Time Frame FET is currently breaking out of the $1.957 resistance, aiming for the $2.637 target. 📈 Long Position Trigger place a stop-buy above the current candle and set a secure stop loss around $1.739 to avoid being stopped out during minor pullbacks. This ensures you stay positioned for the longer-term uptrend. 📉 Short Position Trigger avoid trading against the trend in a bull market. Focus on resting and preparing for the next upward wave. 💡 BTC Pair Insight Against Bitcoin, FET has also shown strength, avoiding drops below the 0.00001390 support. After breaking 0.00002574, this pair could witness significant bullish moves, making it a good time to hold onto FET. 🛠️ Summary & Strategy Spot Buyers: Watch for pullbacks within the resistance box and aim for targets using Fibonacci extensions. Futures Traders: Prioritize long positions aligned with the bullish trend and avoid counter-trend shorts. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
50
Silver Bullet Strategy EURUSD AUDUSD | 03/12/2024Trading the Silver Bullet strategy was tough yesterday. While many may only discuss the wins associated with their trading strategies, we encountered some losses yesterday. We entered two trades on two major currency pairs (EURUSD, AUDUSD) and aim to walk you through what happened during our trading session using the Silver Bullet strategy. At 10:00 EST, we began scouting for potential trading setups, as this marks the beginning of the Silver Bullet window, which concludes at 11:00 EST. By 10:20 EST, a Fair Value Gap (FVG) had formed on the EURUSD currency pair, presenting us with a sell bias and directing our attention to potential selling opportunities in EURUSD for the current trading session. Upon reviewing AUDUSD, we observed that an FVG had also formed at 10:20 EST, further indicating a sell bias for the currency pair. Once we establish a bias, we typically wait for a retracement into the formed FVG and only execute the trade after the candle that enters the FVG has closed. This step is crucial on our checklist because our backtesting revealed scenarios where the candle entering the FVG could proceed to hit the stop loss. This check helps us avoid entering trades under such conditions. Meanwhile, those who use limit orders may find themselves at a disadvantage in these situations. After a 20-minute wait following the formation of the FVG, we identified a trade on EURUSD that satisfied all the criteria on our checklist, and without hesitation, we proceeded to execute the trade. In this trade, since the high of candle number 1 from the entry price is approximately 7 pips, which does not satisfy the minimum stop loss requirement, we adjust it to a 10 pips stop loss, our minimum threshold. This rule ensures the trade has sufficient room to fluctuate. Immediately after executing the EURUSD trade, we identified another opportunity with AUDUSD that met all the criteria on our checklist. As it fulfilled the necessary requirements, we proceeded without hesitation to execute the trade. Please be aware that we risk 1% of our trading account on each trade. This level of risk is acceptable for us, as it's an amount we're comfortable with potentially losing, thus preventing emotional attachment to the trades. Ten minutes after initiating a sell position on EURUSD, our trade reached the stop loss, resulting in a 1% loss for the day. Consequently, we are left with our sell position on AUDUSD. After incurring a loss on EURUSD, we examined the AUDUSD position and found that this trade was also facing a drawdown. Did we experience any emotions upon realizing we might lose 2% that day? No, because we had already accepted the risk and were prepared for any outcome, whether it was a win or a loss. We were aware that the strategy's win rate was around 48%, indicating that losses are a part of the process. However, with a positive risk-to-reward ratio, our wins are expected to outweigh the losses. While awaiting the outcome of the AUDUSD trade, we noticed a setup on USDCAD where a Fair Value Gap (FVG) had formed. However, upon closer inspection, we realized it materialized exactly at 11:00 EST. This timing meant we couldn't engage in the trade, as our checklist mandates that trades must be executed before 11:00 EST, thus invalidating this setup. It's important to note our discipline here; despite the temptation, we didn't enter another trade out of revenge. Instead, we let it pass because it failed to meet certain criteria on our checklist. Discipline is a crucial quality of a successful trader and should never be underestimated. Upon reviewing the AUDUSD trade once more, we observed that it was no longer in a drawdown; instead, the trade had returned to our entry price. Consequently, there was no action required other than to allow the trade to proceed as it will After being in the trade for an hour and 10 minutes, the AUDUSD position hit the stop loss, putting us down 2% for the day. Indeed, we took two losses and it's likely we'll face more, as that is the nature of trading. It's normal to encounter multiple losses throughout your trading career, and it's crucial not to let them discourage you. Ensure that any strategy you use has been thoroughly backtested and has the data to support its long-term profitability. Also, make certain that your wins consistently exceed your losses, so that during a losing streak, just a few wins can compensate for the losses.
Education
by CleoFinance
1
ACHR: Long Position @ Wave 5 (Elliot)Step 1: Ride the Wave 5 Momentum ACHR is about to start its Wave 5 rally, offering an excellent short-term long opportunity. Currently we're in the middle of Wave 4 and we will likely experience 3 to 5 days of accumulation/indecision before Wave 5 starts. Let’s break it down: Slow Stochastic Bullish Momentum The Slow Stoch oscillator is signaling strong bullish momentum, albeit in overbought territory. This is typical during Wave 5 and suggests further upside potential before the trend exhausts. Staying with the momentum while it lasts can be very rewarding. Massive Volume Spike In the last three weeks, ACHR has seen a significant increase in volume, indicating strong buying interest. Volume often leads price, and this kind of activity strengthens the case for continued upward movement. The surge in interest can drive the stock toward its next key resistance around $9.84. Fundamental Catalysts Driving Momentum Recently, ACHR has achieved major milestones, such as progress on FDA approvals and securing new contracts and orders. These developments add to the bullish sentiment, attracting more traders and creating a supportive backdrop for the rally. Trade Execution: Enter a long position now to take advantage of the current momentum and aim for a target near $9.84 (the resistance zone). Consider tightening your stop-loss to protect profits as the stock approaches this level. Step 2: Exit, Wait for the ABC Correction, and Re-Enter for a Bigger Move After completing Wave 5, the market is likely to enter a corrective ABC phase. This is where it’s smart to exit your position and wait on the sidelines. Why? The correction will likely bring the price down to a more attractive level, allowing for a better risk-reward setup for the next big move. Once the ABC correction concludes, re-entering around the key support zone sets up a new long opportunity with an eye toward the Q1 2025 target of $12. The long-term fundamentals of ACHR and its growing momentum in the market make this a high-probability setup. Trade Execution: Watch for the corrective phase after Wave 5 completes. Use Fibonacci retracement levels or support zones to identify a potential re-entry point.
NYSE:ACHRLong
by felipegomesbwm
TradeCityPro | EURCAD Analysis Reaching the Daily Box Target👋 Welcome to the TradeCityPro channel! Let’s dive into the forex market and analyze this popular pair, outlining key triggers for trading this week. 🌍 Fundamental Overview EURCAD reflects the economic interplay between the Eurozone and Canada, influenced by: 🇪🇺 Eurozone Fundamentals (EUR): ECB Policies: The European Central Bank's monetary stance (hawkish or dovish) significantly impacts the Euro’s strength. 🇨🇦 Canadian Dollar Fundamentals (CAD): Oil Prices: CAD is sensitive to oil fluctuations due to Canada’s major oil exports. Rising oil prices typically strengthen the CAD. Geopolitical tensions, trade balances, and global risk sentiment often sway EURCAD. The Euro acts as a reserve currency, while the CAD is risk-sensitive. 🕒 4-Hour Time Frame 1.4888 is the critical resistance, marking the top of the daily box (1.4888–1.5171). After breaking this level, the pair hit its target at 1.4556, a significant support level. The rejection at this resistance highlights its importance. The 1.4731 level, broken yesterday but reclaimed today, offers a potential trigger for entries. 📉 Short Position Trigger clear short trigger exists below 1.4731. Breaking this support could lead to further downside, targeting 1.4556. 📈 Long Position Trigger While momentum-driven long entries are possible if the RSI enters overbought, a more reliable entry comes from consolidating within the current range or forming higher highs and lows. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
1
TradeCityPro | NEARUSDT Analysis Attempting to Reach a New ATH👋 Welcome to the TradeCityPro channel! Let's analyze one of my favorite coins, NEAR, and evaluate its potential short-term and long-term targets. 🌍 Bitcoin Analysis Before starting the NEAR analysis, as usual, let's take a look at Bitcoin during the London session. Bitcoin is still ranging and even slightly trending downward. On the other hand, Bitcoin dominance (BTC.D) has a clear bearish trend, allowing altcoins to pump and move upward. Educational Note on BTC.D: If Bitcoin breaks above $100K, BTC dominance will likely rise initially, pushing altcoins along with Bitcoin. Later, BTC dominance might retrace to levels like 59.60, enabling another altcoin rally. 📅 Weekly Time Frame NEAR stands out as one of the coins that made a significant bullish move early on, even before the broader crypto market rallied in 2023. After breaking out of its falling wedge pattern, NEAR initiated an upward trend. falling wedge is inherently bullish and signals a trend reversal, especially when observed on higher time frames. NEAR never revisited its major support at $3.736 and instead bounced strongly from there. The coin is now approaching its previous peak of $8.289. After bouncing off the 0.382 retracement level (from $3.736), NEAR looks ready for further upside , Potential Fibonacci extension targets: $13.556 - $30.183 - $53.370 Upon breaking $8.289, we can plan an entry while adhering to risk management, with a stop-loss at $3.736 for mid- to long-term holding. 📊 Daily Time Frame NEAR recently bounced from $3.525, initiating a strong rally that reached the resistance at $8.289. The price experienced rejection at this level, leading to a consolidation phase. Abeautiful parabolic trendline can be observed, where NEAR continues forming higher highs and higher lows , Each touch of this trendline has resulted in a bounce so far. Breaking this parabolic line could indicate a short-term correction but doesn’t necessarily mean a full trend reversal. Post-breakout above $8.289, with RSI entering the overbought zone (around 78.90), is a potential buy signal , Suggested stop-loss levels: Risky: $10.50 - Safer: $7.51 Personally, I’d rather take a stop-loss than miss out on a breakout caused by whales. ⏳ 4-Hour Time Frame NEAR has been ranging between $7.16 and $13.78 for several days, clearly defining potential triggers 📈 Long Position Trigger break above $13.78 presents an excellent opportunity to open a long position, with even a stop-buy setup before reaching the level. 📉 Short Position Trigger I am currently not considering short positions, focusing solely on long entries after corrections. 💡 BTC Pair Insight NEARBTC has also shown a strong setup. After its rally in 2023 and early 2024, it has been consolidating gradually. NEARBTC hasn’t revisited its key support this year, which is a positive sign. The coin is now breaking a key resistance trendline, further justifying a focus on USDT-based triggers. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
20
Intraday Strong Buy Alert GBPUSD Long. Alert by me,& alpahatrendBy KivancOzbilgic When I'm quickly scouring charts I try to have 2 indicators already beaming, 1. TV Chart Patterns 2. Alpha-trend by By KivancOzbilgic. I think the indicator works well on its own with some ema's or similar. So Alpha alerts with a 4HR Buy. I knew the volume might be a bit slow because I think people have had a gutful of this GBPUSD trading up and down & getting people long or short & then trapping them as price moves away from holders. Anyway, the buy-setup is on the 1hr or 4hr or even 2 or 3 hr. But because price on the bigger intraday charts is sitting much lower the trade is not advisable because basically with very lite volume and momentum your long trade could get moved to a downward spiral and shorted by people already short and adding to their postition, what about a revenge trader who rushed and got done in the previous trade going Long GBPUSD and got shorted lower. What about big-money from bankers executing block orders to buy-side. Do you think that might interfere with a Short trade? Here is a chart of GBPUSD. Look at the accumulation so far on the Alpha-trend moving average. Could it be a fakeout and ready to fall-over from Alpha-trend into bears trend. By KivancOzbilgic
Long
by Easy_Explosive_Trading
TradeCityPro | APTUSDT Bullish Correction & Continuation👋 Welcome to the TradeCityPro channel! Let's start the week by analyzing APTUSDT, one of the altcoins with a promising setup. 📊 Bitcoin Overview At the New York market open, Bitcoin has printed a few green candles , Meanwhile, BTC dominance (BTC.D) has been declining, breathing new life into altcoins. As long as BTC.D continues to drop, altcoins will likely remain active and bullish. 🕒 Weekly Timeframe APTUSDT has been trading in a long-term range box for nearly 700 days, fluctuating within it since its listing. Unlike many other altcoins, APTUSDT has never dropped to its final support at $3.45, instead finding consistent support at $5.50–$5.77, giving it an edge over its peers. Currently, there's no weekly trigger for buying , bounce of the RSI from 70 could signal the continuation of its upward momentum. 🚀 Daily Timeframe APTUSDT has rallied beautifully from $5.67 support, reaching resistance at $13.66, where it was rejected. After consolidating for a few days, it is now moving back toward that resistance. The chart shows a parabolic uptrend, with higher highs and higher lows forming consistently , Each time the price touches this parabolic trendline, it bounces upward, suggesting this structure might persist. break of the parabola would likely signal a short-term correction, not necessarily a bearish market reversal. For a buy, wait for a breakout above $13.66 with increased volume and RSI entering overbought territory. & Suggested stop-loss Risky: $10.50 - Safer: $7.51 If the market corrects, look for a bounce at $10.50 support with a confirming bullish candle for a mid-term hold. ⏳ 4H Timeframe APTUSDT has been ranging between $11.22 and $13.78 for a few days, making the triggers clear for trading. 📈 Long Position Trigger breakout above $13.78 would provide a strong trigger for a long position. You can even set a stop-buy order before the breakout. 📉 Short Position Trigger Avoid shorting as the overall market setup remains bullish. Instead, focus on other opportunities like DeFi or researching promising projects :)) 💡 BTC Pair Insight Against Bitcoin, APTUSDT shares a similar setup to other altcoins, consolidating in its range. breakout above 0.0001624 BTC could signal fresh inflows into APTUSDT and spark a bullish movement. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
TradeCityPro | ALTUSDT Analysis Good Spot Buying Opportunity?👋 Welcome to the TradeCityPro channel! Let’s dive into analyzing one of the newer altcoins in the market, ALTUSDT, which might offer a solid spot entry opportunity tonight. 🌱 Bitcoin Overview As always, we begin by checking Bitcoin's performance , Bitcoin hasn't moved much compared to yesterday. However, Bitcoin dominance is declining, which has allowed altcoins to gain momentum , If Bitcoin remains range-bound and its dominance continues dropping, altcoins might sustain their upward trend. 🕒 Weekly Timeframe ALTUSDT has recently been listed and has dropped approximately 88% since listing, following the typical behavior of newly listed coins. After this decline, it has been consolidating within a range box for about 120 days. Now, the coin is testing the resistance at $0.16293, and it appears to be breaking out. Risky Stop-Loss: Place it just below the shadow of the current candle, considering the buyers' strength. Secure Stop-Loss: Place it at the bottom of the range near $0.0732 and hold for targets. 🔑 Daily Timeframe trigger at $0.13342 allowed for a buy earlier. If you missed that entry, you can buy after a breakout of $0.16293, using a stop-loss at $0.10133. RSI Entry Trigger The key RSI level to watch for entry is 82.57, signaling strong upward momentum. No need to analyze lower timeframes extensively because the limited data on this coin makes trading it challenging , For futures trades, there are already sufficient setups in the channel. 💡 BTC Pair Insight Relative to Bitcoin, ALTUSDT has been in a downtrend, forming a range due to significant trend weakness , breakout from this range could initiate an uptrend relative to Bitcoin. If I purchase the coin and its BTC pair shows bullish movement, I’ll continue holding. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
TradeCityPro | ARBUSDT Analysis Leading in TVL Among Layer 2👋 Welcome to the TradeCityPro channel! Let’s analyze one of the favorite coins in the crypto world, especially popular among airdrop hunters, ARBUSDT, which has shown strong movement recently. We’ll review future triggers together. 🟢 Bitcoin Overview As always, before starting the analysis, we take a look at Bitcoin: It hasn’t moved significantly compared to yesterday and remains range-bound. However, its dominance has been decreasing, providing an excellent opportunity for altcoins and Ethereum to perform , If Bitcoin’s decline continues, altcoins will likely remain green. 🕒 Weekly Timeframe ARBUSDT has rebounded from its most critical weekly support and made an upward move, reaching a key resistance at $0.9578. The RSI has also entered its overbought zone, which isn’t an ideal buy signal and suggests a correction might be necessary. If you’ve joined after the breakout of the $0.6496 resistance, you can consider pulling out your initial capital, leaving the coin essentially free for you. If you haven’t entered yet, I’ll explain in the lower timeframes. 🛠️ Daily Timeframe Previously, ARBUSDT followed a downtrend and reached the $0.4749 support zone with strong trend weakness. This formed an accumulation zone, and after creating a higher low within it, the coin broke above the range and rose towards the $0.9689 resistance. Wait for a breakout above $0.9689, accompanied by RSI entering the overbought zone again. pullback could bring ARBUSDT to $0.8028 in the mid-term. At that point, look for a bullish confirmation candle for a potential buy. ⏱ 4-Hour Timeframe This is the primary timeframe for futures trading. The price shows a compression pattern, forming higher lows and equal highs, indicating a possible breakout. 📈 Long Position Trigger position can be taken after breaking $0.9689 , Set a stop-buy order beforehand since whale-driven movements might occur, pushing RSI beyond 75.14. 📉 Short Position Trigger I do not recommend opening a short position. Even if the trendline breaks, I’d prefer waiting. As long as the price stays above $0.7980, focus on long opportunities. 🔗 TradingView Chart 💡 BTC Pair Insight ARBUSDT compared to Bitcoin has been bearish in the long term , However, after the Layer-2 hype cooled, the token showed strong trend weakness, printing several green candles. The main trigger here is the breakout of 0.00001004, allowing for significant upward movement if the market turns bullish. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
16
TradeCityPro | EURNZD Ideal Short Setup for Next Week👋 Welcome to the TradeCityPro channel! Let’s analyze EURNZD as the forex market wraps up this week and prepare our triggers for next week’s positions! 🌍 Fundamental Overview Euro (EUR): Benefiting from the ECB's cautious tightening policies aimed at inflation control. Mixed economic data, such as weak industrial output, limits bullish momentum. New Zealand Dollar (NZD): Supported by stronger commodity prices and a resilient domestic economy. The RBNZ maintains a balanced policy outlook, strengthening the NZD further. The contrast between the ECB's inflation focus and the NZD's solid fundamentals tilts the bias toward NZD. Global risk sentiment and commodity trends are pivotal in determining price direction. 🕒 4-Hour Timeframe Analysis EURNZD is consolidating within a range between 1.7836 (support) and 1.8063 (resistance). Last week saw minimal movement, but this consolidation suggests the pair is gearing up for a breakout. The price didn’t reach the resistance this time and got rejected earlier. It is now testing the support level. 📉 Short Position Trigger If 1.7836 is broken with strong momentum, it would trigger a short position, targeting lower levels. 📈 Long Position Trigger If the 1.7836 support holds for an extended time, buyers could step in. A break above 1.8063 would confirm a long opportunity, especially if the price forms higher highs and higher lows in lower timeframes. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Short
by tradecitypro
1
TradeCityPro | WOOUSDT Analysis Futures Opportunity👋 Welcome to the TradeCityPro channel! Let’s take a detailed look at the WOOUSDT coin triggers, even on this relaxed Friday! 😊 🌍 Bitcoin's Market Overview Before diving into WOO, as always, let’s check Bitcoin Yesterday's analysis: After breaking 96610, a long position was suggested. Additionally, if Bitcoin dominance decreases, it could confirm favorable setups for altcoins. However, Bitcoin remained range-bound, moving in sync with the overall market. 📊 Weekly Timeframe WOO is one of those coins that hasn’t made any significant moves yet, but the buy trigger has been activated. After breaking 0.2228, a mid-term buy was possible, and there’s still a logical opportunity to buy at market price with a stop loss at 0.1308, supported by increased volume and RSI entering the overbought zone. If you missed this trigger, you can wait and join this coin upon breaking 0.3369. 📈 Daily Timeframe We’ve seen a relatively strong move, but the price has hit a significant daily resistance at 0.275 where it has been ranging for several days. After breaking this resistance, further upward movement could begin. Additionally, RSI is nearing the overbought zone. For a risky buy in the daily time frame, consider entering after breaking this resistance, with a risky stop loss at 0.2129 or a safer stop loss at 0.1550. ⏱ 4-Hour Timeframe The price shows compression, forming something resembling a triangle, with higher lows being created consistently. This increases the probability of breaking the 4-hour resistance at 0.2779, which could serve as a solid trigger for a futures trade. 📈 Long Position Trigger The trigger is clear after breaking 0.2779, aim to open a long position with a safe stop loss, such as 0.2340. 📉 Short Position Trigger The market currently lacks momentum for shorts. Even with a 20% drop driven by whales, short positions aren’t attractive now. It’s better to wait for stronger bearish momentum to enter with smaller stop losses. 💡 BTC Pair Insight WOO has been bearish against Bitcoin in the long term but currently shows significant trend weakness and is ranging within its daily box. Compared to most altcoins, WOO demonstrates better strength relative to Bitcoin. If lower time frames confirm a breakout, an upward trend could begin. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
10