Long trade
2min TF overview
Buyside trade idea
30min TF Structure
1min TF Entry
Entry 5.165
Profit level 5.298 (2.58%)
Stop level 5.160 (0.10%)
RR 26.6
Reason: Buyside bias observed on the 2-minute, time frame forming higher highs, followed by marking out pivotal price points highlighted yellow for additional confluence with bias.
Supply and Demand
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
Yesterday we suggested traders protect and manage their short trades as there were signs of price attempting the retest of the high. We also had a bias level target this morning of 2740 and above that 2745 which are both now complete. Again, we don't want to long here so we've circled potential RIP zones above which are levels to look out for if anyone wants to test the short trade.
Support stands at 2735 with resistance 2747 as we await the close of the daily.
As always, trade safe.
KOG
FSLR may be ready to fly!NASDAQ:FSLR received an upgrade to Buy from Neutral by Citi Bank…..while approaching the 200MA and previous area of support…..undervalued on all time frames……with plenty of headway to retest All Time highs. Given the election supports further funding for Solar Projects to assist with our energy demand we could see a significant move to the upside into year end……Let’s see how this one plays out!
First Neiro(NEIRO) Ready to Fall==>> -15%_-20%!!! Today I want to analyze the First Neiro ( BINANCE:NEIROUSDT ) has recently gained significant attention in the cryptocurrency market, with a remarkable +87% increase in price over the past week .
The First Neiro(NEIRO) is Memcoin and operates on the Ethereum Blockchain .
The First Neiro( BITGET:NEIROCTOUSDT ) has reacted well to Andrews' Pitchfork lines , so we use these lines as Support and Resistance lines .
The First Neiro(NEIRO) attacked the Potential Reversal Zone(PRZ ) three times(In each attack, the volume is reduced ), but failed to break this area .
According to the theory of Elliott waves , it seems that NEIRO has succeeded in completing 5 impulsive waves and we should wait for a correction .
I expect First Neiro(NEIRO) to drop at least -15%, and if the Support zone($0.00156-$0.00148) breaks, we should expect a further drop (-20%) .
First Neiro Analyze (NEIROUSDT), 4-hour time frame⏰.
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SOLUSDT Skye Pulse 26 Crypto Edition 22 October 2024Good day Traders.
Please kindly find my updated SOLUSDT chart with key levels and pitch fan zones.
I removed all the extra demand and supply zones that weren't needed.
Sol does look like it is busy consolidating , if we start making higher highs as I stated in my long term video , we can look at this chart to get the next Supply zones at 180, 190 , right up to 268.
Best of luck to all.
GBPUSD BEARS STILL GOT IT! WHAT HAPPENED TO THE BULLS??!The bears came in this week as anticipated but failed to reach the expected AOI from the previous short projection, hence, leaving us with no short trades this week, yet.
Now attention is shifting towards the bullish side of the curve as price approach two significant AOIs (a weekly FVG and a 3-month demand zone). As we still seek to see a potential retracement of all the shorting from September, we will watch keenly what price does first within the FVG for bullish signal. Should it violate this level also, the demand zone below becomes our ultimate area for longs.
CABLE SHORTS BEFORE POSSIBLE UPSIDEGBPUSD has seen consistent shorting since the last week of September and we just might be seeing the tail end of that sell move in the short-mid term as a retracement is expected.
Having spotted last Wednesday's high as possible liquidity for selling, I anticipate seeing the 1.30775 high cleared to give us entry for shorts, taking us below previous week's low.
LloydFx
Gold is in the Bearish Direction after Formation ManipulationHello 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
Market is Holding above the Resistance , All Eyes on BuyingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY 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 Eyes Bullish Breakout Above 2,738 Key Levels in FocusGOLD Technical analyze
The price completed its bearish correction and has now pushed upward, as previously noted.
Gold needs to break above 2,738 and close either a 4-hour or 1-hour candle above this level to confirm a bullish trend, targeting 2,753, with further potential to reach 2,775.
However, if it fails to break 2,738 and closes the next 4-hour candle below this level, particularly below 2,731, it is likely to decline towards 2,719 and 2,710.
Key Levels:
Pivot Point: 2739
Resistance Levels: 2753, 2765, 2775
Support Levels: 2731, 2720, 2710
Trend Outlook:
Bearish: By stability Below 2731
Bullish: Above 2739
BankNifty Levels for Intraday 23 Oct 2024 Selling TrendToday BankNifty closed below the Trend line / Channel of Daily Timeframe which was started in January which is a sign of trend change and price may go more downside.
As per the today price action (lower low and lower highs) the selling was continue after each rise,
So as per the price action and trend change price is indicating sell on rise market.
So for minimal risk and better risk:reward if price starts moving upwards and taking reversal near 51500, then we can enter for sell trade.
Otherwise if any candle close below today closing price(which act as immediate support/resistance) 51250, then we can also enter for sell trade.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
US30 -Futures dip ahead of earnings-packed weekFutures dip ahead of earnings-packed week
US30 Technical Analysis
The price has recently reached a new high, and to confirm a continuation of the bullish trend, it must stabilize above 43,350, potentially targeting 43,630.
However, if the price closes a 4-hour candle below 43,215, this would suggest a bearish reversal, with the next target being 42,920.
Key Levels:
Pivot Point: 43215
Resistance Levels: 43450, 43650, 43870
Support Levels: 43025, 42820, 42450
Trend Outlook:
- Consolidation 43350 - 43215
- Bearish By stability below 43215
- Bullish by stability above 43350