GBPUSD is in the Selling Direction after breaking SupportHello Traders
In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET
today GBPUSD analysis 👆
🟢This Chart includes_ (GBPUSD market update)
🟢What is The Next Opportunity on GBPUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Supply and Demand
SEI’s Comeback: Time to Ride the Wave to ATHs!Giving SEI a second chance—why?
It’s made a higher high and taken out the previous swing highs before the massive drop to 20c. That’s enough for me to start scaling back in.
I was a bit early before, buying at the same price in October, but now it’s looking much healthier.
I think this time it breaks ATHs. So, start jumping in to enjoy some nice gains!
BINANCE:SEIUSDT
CHFJPY is in a Bearish Structure after Breaking the SupportHello Traders
In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET
today CHFJPY analysis 👆
🟢This Chart includes_ (CHFJPY market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURAUD selling Trading IdeaHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPCAD is ready For a BuyHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
NIFTY heading towards 22800 levels..??As we can see despite the strong opening, NIFTY failed to sustain itself at higher levels and had been negative to sideways throughout the day. Following the structure, we can expect NIFTY to test its important demand zone around 22800 levels hence we can expect more of bearishness or sluggishness in the market before finally reversing so plan your trades accordingly and keep watching.
Long trade
1min TF - entry
Pair EURUSD
Buyside trade
Wed 15th Jan 24
Entry 1min TF
NY to LND Session AM
10.25 am
Entry 1.02810
Profit level 1.03545 (0.71%)
Stop level 1.02703 (0.10%)
RR 6.87
Reason: Observing recent price action and sellside delivery I assumed we were at the selling climax according to the Wyckoff method indicative of a buyside trade.
UPDATE ON EUR/USD ANALYSISEUR/USD 4H - As you can see since I last posted the analysis on this pair, price has in-fact traded us higher. Putting in the structure we predicted today. This is showing good signs for longer term bullishness.
Understandably a specific entry wasn't given however the zone and path was drawn out for you all as an opportunity that could be taken, me personally I will be waiting for the break in structure to trade this market long term.
As you are all probably aware by now I do consider myself more of a swing trader, one that takes positions and holds then for longer periods of time trading on the higher timeframes.
I use the smaller timeframes solely for those snipe like entries, today trading gold was an exception. If you guys have any questions about this pair drop me a message and if you did take part in a long then well done!
Oil Short 4HI’m excited to share my next setup for Oil. This trading idea is based on correction levels.
The main idea area is between 80.35 and 80.25. However, since oil tends to react to the 50 levels, I prefer to focus on the 80.5 level for my entry.
For the 4-hour entry, I am waiting for the formation of an M pattern with a lower peak at the second base. I’ll be looking to take scalp sell at the levels of 80.25, 80.35, and 80.5 for the first touches. after that, I'm going to wait for the confirmation to take the main Sell.
Please note that, typically, upon the first collision, we could experience either an impulse or a rejection entry. At the second base, we should wait for a consolidation area to confirm our entry. For a better understanding of this setup, please refer to my previous oil chart.
TP1: 79.9
TP2: 79.2
TP3: 77.4
SL: 81.35
Please remember that trading carries risks, and it's crucial to do your own research. The ideas shared here reflect my personal analysis and may not guarantee success. Always trade responsibly and consider seeking professional advice if needed.
Happy trading!
Bullish Movement on USDCHFHello hello,
I like how this pair looks. It's keeping its bullish momentum. As I look at the chart, .92500 is a weekly resistance. It has wicked to that area multiple times, therefore, I am looking for a break past that area eventually. This pair will take time as it moves slow. Overall longterm, USDCHF could make it to .94000 to return to retest that weekly CHOCH area. If you have the patience, this could be a possibility.
However, at this moment it broke out of its 2HR OB/Consolidation area, and retraced a little bit to retest . My next target is that resistance at .92500.
Lets see what this pair will give us🤞Take your profits along the way. There will be many opportunities if this can continue.
THOUGHTS ON EUR/USDEUR/USD 4H - How we getting on folks, above is my thoughts for this pair and how I can see it playing out over the course of the next week or so. Firstly you can see price has traded us down and into a Demand Zone.
Should price hold and not absorb the entire zone and continue to trade us lower I feel price will go on to trade us bullish longer term, as it stand price is showing good signs of that.
We have recently seen price trade us up and into an area of Supply which has caused price to trade lower, this is due to Supply being inroduced depreciating the market. However I feel this could be short lived.
You can see price is now hovering over another area of Demand, price has failed to break below this and this is because of the liquidity thats sat there. I would like to see price accumulate now before taking us higher in the market.
RAY ANALYSIS📊 #RAY Analysis : Update
✅As we said earlier, #RAY performed same. Resistance1 done in #RAY. There is a formation of Flag and Pole Pattern on daily chart.🧐
Current we can see a little retest and then we could target for next resistance
👀Current Price: $5.520
🚀 Target Price: $6.390
⚡️What to do ?
👀Keep an eye on #RAY price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#RAY #Cryptocurrency #TechnicalAnalysis #DYOR
BTC Dominance UPDATE (12H)This analysis is an update of the analysis you see in the "Related publications" section
Market makers always do things to prevent retail traders from identifying the next direction. The support from the previous analysis has been engulfed, but this bounce is for order accumulation.
Based on the data available for this index, it seems we have a triangle instead of a diagonal wave B. The red zone is where candles could be rejected to the downside, and altcoins may perform better compared to Bitcoin.
A daily candle closing above the invalidation level would completely negate this outlook.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
XAUUSD SNIPER SHOTHello everyone!
Today we are going to take an sniper entry of total 380 pips range
Asian session is about to be open and market is know on 2688
We have trade line over 2700 so its possible first it should go up to 2700 for retesting tradeline for bearish momentum towards our supply zone
Then we can take long sniper shot short from here (2679)
So just putting buy from the starting of the session with small lot size
entry point 2679-2700
Target 2718.
HOPE WE WILL GET GOOD PROFIT GOOD LUCK!
USNAS100 / Pivot Break Could Define Trend DirectionUSNAS100 Technical Analysis
The price needs to break the channel and pivot line at 21,380. Closing a 4-hour or 1-hour candle above this level will signal a bullish trend, targeting 21,630.
Alternatively, as long as the price remains below 21,385, it is likely to test 21,215. A break below 21,215 would confirm entry into a bearish zone, with further downside targets at 20,980.
Key Levels:
Pivot Point: 21,385
Resistance Levels: 21,520, 21,630, 21,760
Support Levels: 21,215, 21,090, 20,980
Intraday Levels for Nasdaq 100 Futures - 01/15/20225This analysis focuses on the Nasdaq 100 Futures, aiming to identify potential support and resistance levels where the price could experience intraday bounces or trend reversals, as well as zones where the price might potentially break higher or move lower.
Considerations
The range used in this analysis serves only as a reference for broader-level insights.
For intraday operations, it is advisable to utilize a lower timeframe to refine entry and exit points more accurately.
To confirm the validity of these levels, it is essential to evaluate real-time conditions as the price approaches these zones. Factors such as pressure, trading volume, and Order Flow will play a critical role in determining whether these supports hold or are likely to be broken.
1inch Network (1INCH)Comprehensive Analysis of 1INCH/USDT 🪙
Introduction
1INCH is the native token of the 1inch Network, a DEX aggregator designed to optimize trades in the DeFi space. This platform enables users to access the best rates across various decentralized exchanges. The 1INCH token serves multiple purposes, such as reducing transaction fees, offering discounts, and acting as a governance token.
🔍 Technical Analysis Breakdown
1. Long-Term Descending Channel
1INCH has broken out of its long-term descending channel and is currently retesting the channel boundary. This pullback is a positive sign for a potential bullish continuation, but further confirmation is needed.
2. Daily Support Zone (Red)
The $0.3377 - $0.3757 range is identified as a key daily support level.
If the price stabilizes within this zone and starts to rise, it could confirm the pullback and signal the beginning of an upward move toward higher resistance levels.
3. Weekly Resistance Zone (Green)
The $0.6276 - $0.7049 range represents a significant resistance in the weekly timeframe.
A breakout above this zone, accompanied by increased trading volume, could lead to a rally toward the blue target zone ($1.1819 - $1.450).
4. Support in Case of a Drop
If the red support zone fails to hold:
The price might re-enter the descending channel and move toward the weekly support zone ($0.2101 - $0.2338), marked in gray.
📌 Suggested Entry Points
1. Breakout-Based Entry:
Condition: Price breaks above the green resistance zone with increased trading volume and stabilizes above this range.
2. Pullback-Based Entry:
Red Zone ($0.3377 - $0.3757): Enter with a stop-loss below the red support zone.
Gray Zone ($0.2101 - $0.2338): Enter with a stop-loss below the gray support zone.
Note: The gray zone offers a higher risk-to-reward ratio but comes with greater risk.
📈 Entry Triggers and Confirmation Signals
RSI Support:
Price holding above the midline on higher timeframe RSI charts can confirm the start of an uptrend.
Increased Trading Volume:
Breakouts of key zones must be validated by significant volume increases.
Low-volume breakouts could indicate false signals (fakeouts).
⚠️ Key Risk Management Tips
Volume Monitoring:
Ensure volume spikes during breakouts to avoid falling for fakeouts.
Capital Management:
Given the sensitivity of this analysis, strictly adhere to proper capital management strategies and set stop-loss orders at the identified levels.
Patience and Confirmation:
Avoid impulsive entries. Wait for clear confirmation signals before committing to a trade.
✨ Final Conclusion
1INCH is at a critical juncture from a technical perspective:
The breakout from the descending channel and the pullback to the support zone indicate a positive setup for a bullish continuation.
Close monitoring of price behavior in the key zones (red and green) is essential, with confirmations such as rising trading volume and RSI support being mandatory for entry.
A successful breakout of the weekly resistance (green) could lead to targets in the blue zone ($1.1819 - $1.450).
However, if the red support zone fails to hold, a decline toward the gray support zone becomes a strong possibility.