Stellar Long Setup Setting / Risky but Why not?BINANCE:XLMUSDT
COINBASE:XLMUSDT
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone: 0.0914-0.0942
⚡️TP:
0.0955
0.0968
0.0985
🔴SL:
0.0892
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Supply and Demand
XAU/USD 08 November 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a bullish CHoCH indicating bullish pullback phase initiation.
Price has reacted from premium of 50% established internal range.
Intraday Expectation: Price is expected to weak internal low priced at 2,643.355
Note: Due to the Fed’s softer stance and ongoing geopolitical tensions, we should remain mindful that volatility in Gold is likely to persist.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Price Action Analysis: Price has printed a bullish iBOS followed by a bearish CHoCH, indicating the initiation of a bearish pullback phase.
Intraday Expectation: Technically, price is expected to react from either the discount of 50% internal equilibrium level (EQ) or the M15 demand zone before targeting the weak internal high.
Alternative Scenario: Given that the H4 timeframe is in a bullish pullback phase, it's no surprise that the M15 chart has printed a bullish iBOS. However, with H4 price trading up to premium of 50% internal EQ and reacting from that premium zone, it wouldn’t be surprising if the price prints a bearish iBOS.
Note: With the Fed's softer policy stance and escalating geopolitical tensions, elevated price volatility is likely to persist.
M15 Chart:
NIFTY--Liquidity @24600A lot of liquidity level is lies above the 24600 levels,
we have a Left shoulder and right shoulder on bottom we find double bottom Take care here before going for short side, after liquidity grab then continue to downside may happen.
Its not a complete sign of reversal for upside. Keep safe Manipulation levels.
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
Price can drop down to 1.378 , but..theres is FOMC meeting tonigh, the cut is expected so lets see how it will affect the price. There can be some short term spike up, but I think Dollar needs pullback
You are very welcome to comment with your thoughts, share your charts or questions about COT or how I came to this setup. Just comment below, I like any constructive discussion.
If we get the confirmation, I will be looking to position myself with my students and followers as highlighted on the chart.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
S&P 500 Eyes New Highs: 43 ATHs and CountingTechnical Analysis
The price has pushed up as we mentioned yesterday and is still moving toward a new all-time high (ATH). Notably, the S&P 500 has recorded 43 ATHs this year and continues to reach new highs.
As long as it trades above 5931, it is likely to reach 6002 before starting a bearish trend.
Alternatively, if the price drops from here and closes a 4-hour candle below 5931, it will support a bearish move toward 5891.
Key Levels:
Pivot Point: 5933
Resistance Levels: 5985, 6002
Support Levels: 5891, 5863, 5815
Trend outlook: Uptrend
previous idea:
BTC 4h-48 long forecastBTC looks very bullish on almost any timeframe. structure tells us we could have a pullback soon into unmitigated MB's which act as large SnD zones for those who dont know. MB's tend to have a high % of being mitigated before the long trend can continue. they get mitigated to cover the institutional shorts that made that last move down to liquidate any longs before the pump happened. Of course there isnt always a mitigation and this could very well continue upwards without any for of mitigation but that is something we shouldnt trade as there is very limited RR to capitalize on.
Wannabe "Apple of Cars"While Apple continues to captivate with its sleek designs and cultural significance, this company offers only utilitarian minimalism and conformity as it's brand image. The much-hyped Cybertruck was expected to be a game changer, but seeing one on the road is more akin to encountering a roach—an instant jump scare and a hideous design misstep. At this rate, Llon's empire might be poised for a market bounce with the whelming news about robo taxis, and I’m ready to short it when the time comes.
EURUSD: Short term analysis for 07/11/2024
This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.
Time Frame: 1-hour
The 1-hour EURUSD chart exhibits bearish trend, with the volume decreasing and the price moving below 200 SMA. 45 min chart exhibits bearish a divergence indicating a potential reversal.
Key Levels:
Order Block (Lower Target): 1.064-1.053
Resistance: 1.081-1.084.00
Immediate Support: 1.068.00
Trading Bias:
It may test upper resistance at 1.084 and get rejected. A breach of lower trend channel may trigger a corrective decline to 105.00 and potentially reach the Lower Target (Order Block) at 1.064-1.058
EURCAD is in a Bullish PatternHello 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
Daily Gold (XAUUSD) AnalysisGold is currently showing a notable bearish momentum, with a significant black candlestick indicating strong selling pressure. Key levels of interest have been identified based on supply and demand zones as well as support and resistance levels.
Supply Zone (Potential Resistance):
The area around $2,723 - $2,755 USD has acted as a recent supply zone. This region could serve as a resistance point for gold if it attempts a retracement. A sell limit is set at $2,715.85 USD, slightly below this zone, indicating a potential short position if price tests this area.
Demand Zone (Support Levels):
Demand Zone / support is identified at $2,638, $2,622, and $2,602 USD, providing additional demand zones where buyers may enter.
Risk and Reward:
With a potential short position near the $2,723 - $2,755 supply zone, the stop loss is likely placed just above the upper limit of the zone to avoid being stopped out by a small retracement.
Trend and Indicators:
The strong bearish candlestick suggests that bears currently control the momentum. However, monitoring if gold holds support around $2,650 will be crucial to anticipate any possible recovery.
If gold fails to hold the $2,650 level, it could move further down to test lower support levels, with a potential medium-term target around $2,622 - $2,602.
XAUUSD Primed for a Breakout: Key Levels to Watch Now!Attention Pro Traders! XAUUSD is heating up, and big moves could be on the way!
XAUUSD Update: Locked in a tight range between 2649 and 2665. Will it break out or break down? Keep watching.
Downside Alert: A slip below this range could lead to quick drops. Targets: 2644 and 2639. Get ready!
Upside Potential: A push above this zone could fuel a rally! Next targets: 2680 and 2698.
SasanSeifi| Can We Expect a Rebound Above Key Resistance Levels?Hey there, ✌ BINANCE:SHIBUSDT On the 4-day long-term time frame, after breaking a strong support at the 0.000018 cent level, the price experienced a significant drop, reaching the 0.000010 cent range. Currently, the price is trading in a range around 0.000014 cents, and it’s important to note that it remains below the 200-day Exponential Moving Average (EMA). As long as the price is trading below the 200 EMA and the key supply zone between 0.000016 and 0.000017 cents, the overall outlook stays bearish.
At the moment, the price is moving toward the key supply zone. If the price gets rejected and momentum weakens at this level, and we receive a sell confirmation (SELL) on lower time frames, the likelihood of a downward move toward targets like 0.00000945 cents increases.
On the other hand, if the price manages to break and hold above the key level and the 200 EMA, further price growth towards targets of 0.000020, 0.000023, and 0.000025 cents is possible.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
NASDAQ 100 (CASH) LONG TO 20,700This idea aims to take advantage of volatility during earnings days. The plan is to buy when the price reaches the 1-hour demand area. However, this alone won’t be enough to enter the market. In fact, it will be necessary to wait for a buyer reaction. I will update the idea as soon as possible. If you follow me, you will receive the updates. Final target: 20,700.
GBPCHF Ready for a breakthroughHello Traders
In This Chart GBPCHF HOURLY Forex Forecast By FOREX PLANET
today GBPCHF analysis 👆
🟢This Chart includes_ (GBPCHF market update)
🟢What is The Next Opportunity on GBPCHF 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