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BHEL 13%+ Gain in 7 trading days!Hello traders,
How are you guys doing?
Iam bring you one of my recent successful equity trade I took - BHEL
The price on the 15 min time frame successfully closed above the astra line which gave me the confirmed entry for this trade.
The election results are round the corner and the overall market sentiment looks bullish, Iam selling 50% of BHEL on the TP 4 as shown in the chart and hold the remaining till the price crosses under the Astra dotted line.
Overall a nice trade. Good luck and happy trading.
GBPUSD SELL | Idea Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Strengthening world gold prices is powered by safe-haven demandWorld gold prices increased sharply with spot gold increasing by 41.3 USD to 2,382 USD/ounce. Gold futures prices last traded at 2,400 USD/ounce, up 39.9 USD compared to yesterday morning.
Safe hidden demand due to worries about escalating tensions in the Middle East continued to provide energy for the yellow metal in the first trading session of the week. Gold prices rose sharply even as the dollar and Treasury yields rose after stronger-than-expected US retail sales data in March fueled worries that the US Federal Reserve (Fed) may can push the policy pivot.
Following the retail sales data, the dollar rose 0.2% and 10-year Treasury yields hit a five-month high. This is further evidence that the first economy has been reliably proven. The market has now reduced its forecast for the number of interest rate cuts this year to 2 times instead of 3 times previously.
Market analyst Tim Waterer of KCM Trade predicts that the reasonableness between geopolitical risks and the prospect that the Fed will maintain monetary policy in the second half of this year will continue to increase the hidden appeal. a whole set of gold. “In many ways, gold is being considered an ‘asset for all scenarios’ thanks to its resilience.
#BOME is ready to boom! 🚀Trading Pair: BOME/USDT
Trade Type: Midterm
Current coin Status: The coin has broken out of a flag pattern and is currently retesting it.
Entry Point: The current market price (CMP) is a good entry point, and you can add more up to $1.43.
Profit Targets: The profit targets for this trade are between 40% to 80%.
Stop Loss: The recommended stop loss is at $1.34.
Recommended Leverage: A leverage of 5X to 10X is recommended.
Estimated Profit: The estimated profit for this trade is around 80%.
EUR/USD: A special Place in the Market
Good day fellow traders,
EUR/USD is in a very special place, we over the last 259 day have made a triangle on the weekly chart an currently sit on the APEX of a breakout favoring a strong dollar. One must wait for confirmation of a break out below the lower level of the triangle. The target for a move would be October 4th, 2023 low.
There is potential for a reversal here, a tag of the upper level of the triangle would confirm this. For those who are unfamiliar with triangle and the trading rules that govern them. Let me make it simple or put it in term of ThePipAssassin!
Triangle Trading Rules are as follows:
1.) Must be contained in a range, that is getting smaller on each leg. (Squeezing)
2.) Must have only 5 touches of Support and Resistance for trend continuation.
3.) 6 touch and/or legs and we are going to breakout in that direction forming a triangle reversal.....
Analysis for DogecoinThrough meticulous observation and data analysis, we have unearthed compelling patterns that shed light on how the Dogecoin market may react in the coming weeks.
Our findings suggest a potential upsurge in Dogecoin's value, indicating the emergence of another bullish trend. By examining historical data and current market conditions, we have identified key indicators signaling a significant increase in trading volume. This surge in volume could serve as a catalyst, propelling Dogecoin to new heights.
Moreover, our research extends beyond mere speculation. We are actively strategizing optimal positions for both bids and asks, aiming to maximize profits while minimizing risks. By strategically placing bids and asks, we aim to capitalize on the anticipated bullish momentum, ensuring that profits are not only realized but also reinvested intelligently.
Central to our approach is the identification of robust support levels, providing a solid foundation for our trading strategy. We meticulously analyze support spots to ensure that investments are safeguarded against potential market fluctuations.
In a recent article, it's been revealed that Coinbase Derivatives will soon introduce regulated futures for Dogecoin, Litecoin, and Bitcoin Cash. These futures, overseen by BaFin, will closely track Dogecoin's price on Coinbase, providing transparent trading opportunities. Each contract represents 5,000 DOGE, with a maximum position limit of 20,000 DOG futures. Dogecoin, currently trading at $0.15, saw a significant surge in 2021, largely fueled by celebrity endorsements. With Coinbase's dedication to innovation, investors now have a chance to leverage Dogecoin's potential through regulated futures trading, offering a pathway to diversify their investment portfolios.
The Market Behaviour on different market sessionAsia market session makes compression price, and the next session when UK session is expecting to manipulate the market. The last session US session is expected market to do the distribution/direction. The price is on the strong supply area waiting for the price to break resistance before or do the rejection on the supply zone.
100% TRADERS START WITH DREAM TO GET RICH QUICKHey guys! Do you agree with me?!
It's easy to become charmed by the prospect of making rapid money in the financial markets, yet trading makes almost no one rich – in fact, many individuals lose money*
If you like my graphics, please use Like button 💙💛
* 90% of traders losing money, only 10% get profits. Why?
Here is 3 reasons:
1) Most traders Enter A Trade Too Early
2) Most traders Exit Too Late
3) Most traders Don’t Follow a Risk Management
Here is list my tips to help you to get in profit:
Nifty50 Very bearish - Short call - PE18000Nifty 50 is very bearish -- Next week seem mark open with 200 points gap down.
So, option trader wait for call trade entry.
Open PE21000 position for swing trading week wise.
After every swing High you short this and book profit
Don't greed price go 17800 level In 3 months
For for chart update comment me in this post.
Volkswagen: Assessing Momentum and Potential Opportunities
Title:
Volkswagen: Assessing Momentum and Potential Opportunities
Analysis:
Hello Traders,
Volkswagen presents an intriguing opportunity as we assess its current momentum and potential for further gains.
XETR:VOW3
Volume and Momentum Analysis:
Volume trends suggest increasing market activity and growing confidence in Volkswagen 's price movement. This surge in volume aligns well with the ongoing upward momentum, indicating a potential continuation of the uptrend.
Technical Analysis:
The price action favours upward movement, with Volkswagen exhibiting strength in its bullish trend. Technical indicators support the notion of further gains, providing a positive outlook for traders.
Conclusion:
Given the supportive volume and technical signals, traders may find opportunities to capitalize on the upward momentum in Volkswagen . However, it's essential to remain vigilant and implement risk management strategies to navigate potential market fluctuations.
Don't Forget to Engage:
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you found this idea insightful! Your engagement contributes to the community's knowledge and helps broaden the reach of valuable insights.
Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions.
Happy trading!
Short Scralp Trade for GBP USD Success rate 85%Opportunity for Short scalp trade with a success rate of over 85%
The price is likely to hit TP 1 with a 85% chance, You can manage your position
Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
EURUSD|Weekly road map and important areasHello friends, I hope you are doing well.
Continuing the previous analysis of EURUSD, so far as we expected, it weakened and managed to break the 4-hour support area downwards.
The next demand area is around (1.078-1.08) , the areas that we can consider to enter selling positions, the first was the support area that was broken, now it is preventing the price from rising as resistance.
The next supply area is the range (1.093-1.095) , and when the price reaches these areas, you can enter selling positions by getting confirmation.
In the future, if I identify a situation, I will let you know in the updates.
My target for the EURUSD price is the support level of 1.078
GBPCAD Sell Trade Idea , GBPCAD Short trade idea. GBPCAD Sell Trade Idea
The major resistance point of 1.71000 has already been tested by the market, and we will now see clear changes in case we find some price rejections over their major point of 1.7100-1.7123.
Trade Setup Idea:
GBPCAD Selling Zone: 1.7100-1.7123
Stop Loss: 1.71311
Take Profit1: 1.7068
Take Profit2: 1.7050
Take Profit3: 1.7020
Take Profit4: 1.6990
Note: Please follow the money management plan and risk-reward ratio.
Must follow the price rejections and price movements of the pound index.
RECOGNISING CHART FORMATION 🧠Hello Traders!
In this post, I want to present how important is to recognize chart formation, set up correctly resistance levels, and find a good position to execute the trade.
For better practice, I will recommend analyzing the history of any chart and trying to search for resistance levels, order blocks, and breakout points, and anticipate a good position for trade execution.
This exercise will help us to have better visibility of the chart and will help us to anticipate future movements.
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