What Gold is exactly want to tell us ? Gold is making lower high in short term therefore we are looking 2038-40 range to sell. Meanwhile long term trend is bullish.
The expected trading range for current week is between 2007.00 support and 2045.00 resistance.
Open:
2024.000
Close:
2016.810
High:
2029.150
Low:
2019.370
Sellsetup
BNB/USDT had another rejectionHey guys 👋
Let's get back to BNB here where we see how price had another pullback from upper resistance zone and now we are on the edge of a cliff just waiting for a free fall. So let's see how we will end up here.
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WOO usdt perp short trade setup Hy fellow traders
Greetings from team Trading The Tides
yesterday I posted the idea on woo which gave around 12% in profits , we short it then long it , currently I just quit the trade with 10 % profits and now again looking for a chance to re enter in short trade as soon woo breaks the support ,
if it breaks the previous resistance I am not gonna go long as the overall sentiment is bearish and will not trade on woo .
secondly it in forming a bullish wedge pattern near a strong resistance so that makes no sense to long this coin.
if I initiate a short trade I will post in the comments
Feel free to ask questions . I will definitely answer
Note :
I am just a technical analyst and day trader .
Any info given is not a financial advice
Thanks .
WEDGE PATTERN ON GOLD 💰Hey traders,
Yesterday gold went crazy to take liquidity at 2003 then after tested the above horizontal trendline only to drop all the way down 1980, i do not see any good reason for gold to climb up again before reaching around 1950 area.
If you found my post useful do not forget to like and follow for more 🫡
Cheers!
bitcoin making broadening top pattern Hy fellow traders
greetings from team trading the tides.
lets discuss bitcoin which is inside a broadening top pattern , if it breaks the pattern top it can reach up to the value of 32k
but right now on 1 day tf as the spx and dow gives a good rally but the btc price has no effect considering the different market situations , i am waiting for the upcoming major news and my second thought is to wait till it reaches the resistance line so we can think about initiating short .
in addition the rsi is almost touching overbought area and if btc price touches the resistance then rsi would be totally oversold other than rsi i am also lookin for divergences or something to initiate short .
thanks a lot .
Huge Risk to Reward Trade opportunity on GBP/USDGBP/USD approaching a strong resistance area and descending trendline resistance.
I am also expecting a Risk off mood next week which will boost the Dollor.
Big opportunity for a strong short opportunity.
1:5 Risk to reward
Trade with caution and always remember to manage your risk.
Patience Pays!