EUR/USD: Bullish Outlook with Key TargetsHey there, looking at the FOREXCOM:EURUSD chart on a 10-day timeframe, it’s clear that the price has been stuck in a range for almost two years. Right now, the price has broken through its 7-month high and is currently trading around 1.011. Personally, I have a bullish outlook for both the medium and long term.
⏩I anticipate that the price could rise toward mid-term targets of 1.11500 and 1.12800. After that, I expect the price to potentially continue its upward movement towards long-term targets of 1.14 and the Bearish Breaker Block at 1.15, especially if it breaks above the 1.12800 high.
To fully understand the ongoing trend, it will be important to observe how the price reacts to the mid-term targets.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Traders
ZEUS: Ready for a Breakout? Hey there, let's review the KUCOIN:ZEUSUSDT chart on the 10-hour time frame. As you can see, the price is currently trading within a descending trend line. In the short term, if we witness a break above the descending trend line and the 0.20 cent price level, the scenario I have in mind is that the price may rise towards the liquidity zone at 0.22 cents. After a pullback, the price could potentially move towards the second target of 0.2455 and the supply zone at 0.27. However, please note that this potential trend depends on breaking through the specified levels. Important support zones to watch are 0.16 and 0.15.
Remember, this is just my personal analysis, not financial advice. Do your own research and make informed decisions.
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
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Set to Overcome Resistance, Aiming for New Highs?Hey Realistic Traders, let's dive into the technical analysis of SAXO:USDCAD
USDCAD has moved above the EMA200 line again, signaling a bullish trend. Recently, on the daily timeframe, it broke the upper trendline of a falling wedge pattern and experienced a MACD bullish crossover, where the MACD line crosses above the signal line, suggesting increasing upward momentum. This combination of technical factors typically signals a potential upside movement to the first target of 1.39423. After reaching this first target, a pullback may occur before continuing its ascent to the second target of 1.40352.
Additional Information:
The prospect of a stronger USDOLLAR also contributes to the recent rally of USDCAD.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on USDCAD."
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GROKUSDT SETUP: GO FOR LONG as a EASY RETURNHello Folks !!
Welcome to the quick update of GROKUSDT. As of now, we can see it is trading around 0,00765 and currently at the immediate resistance. If it breaks this resistance, we can easily see a target of 25-20% in the short run and it can reach a price of $0.029 in the long run i.e. within the next 6 months.
We can take a trade with the below details:
Entry: 0.006510 to 0.007561
Short term Target: 0.01120 to 0.01981
STOPLOSS: 0.00611
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
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WLDUSDT reversal possibilityTrend Lines and Patterns:
The chart shows a descending yellow trend line indicating a downward trend.
There is an upward channel marked by a series of blue and orange arrows, suggesting a potential reversal and upward movement.
Support and Resistance Levels:
Key support levels are marked in red around 2.1932, 2.0727, and 1.8819. These are prices where the asset found buying interest and bounced back up.
Key resistance levels are marked in green at 2.4625, 2.2989, 3.5857, 3.7512, and 5.4107. These are prices where selling interest might increase and could potentially halt upward movement.
Potential Price Movements:
The chart suggests a bullish outlook with a projected rise to the green resistance levels at 3.5857, 3.7512, and 5.4107.
The blue rectangle and the percentage (186.38%) indicate a possible target move to 5.4107, which represents a significant increase from the current price of 2.1941.
Price Analysis:
The price has recently broken above the descending trend line, indicating a potential trend reversal.
If the price continues to follow the projected path (blue and orange arrows), it could encounter resistance at the identified levels before potentially moving higher.
In summary, after a significant downtrend, WLD/USDT may be preparing for a bullish reversal, aiming for the higher resistance levels, with a potential substantial price increase if the bullish momentum continues.
$BTC consolidating for August breakout $70k+After some over performance in early July we set a Bullflag last week around $65k. Don't get shook! This time last year, in 2023, we had a long period of consolidation March-October (in white) before rising above the $30k level. This year, summer of 2024, we're rhyming.
Bearish? CRYPTOCAP:BTC needs to lose the $60k level and hold us below it for at least a week. I think a bullish inverse head & shoulders is more likely but geopolitical risk, and US elections could be the wildcard. I would remain careful with shorts as the trend is upwardly volatile.
Here's the previous idea, explaining the trade:
Why BTC is bullish yet !!Im bullish on btc cause of 3 reasons in terms of fundamental vision :
1- fear of MT.gox repayment is over the truth (FUD)
becoase :
a) reapments will be gradual
b) BTCs will be repay by several CEXs (pervent from drop)
c) creditors wont sell btc at once cause of tax
2- capitulation of miners were done! : according to onchain data
3- selling by Germany GOV is related to order of the court , not for Getting profit .
dont sell your crypto !
Gold Market Analysis and Sell Signal Report
Current Resistance Level
Gold (XAU/USD) has recently encountered resistance at the 2361.00 level. This resistance has been tested multiple times, suggesting potential downward movement if it holds.
Technical Analysis Overview
- **Resistance Level:** 2361.00
- **Support Levels:** Key support levels to watch include 2356.00, 2351.00, and 2346.00.
- **Trend Analysis:** The trend shows potential bearish signals if gold fails to break above the 2361.00 resistance level.
Sell Signal Details
- * *Entry Price:** 2361.00
- **Take Profit Levels:**
- **T1:** 2356.00 (50 pips)
- **T2:** 2351.00 (100 pips)
- **T3:** 2346.00 (150 pips)
- **Stop Loss:** 2371.00 (100 pips)
#### Market Sentiment
Investors are advised to consider the strong resistance at 2361.00 as a potential point for initiating sell positions. With the entry point at 2361.00, the outlined take profit levels provide a structured approach to maximizing gains while minimizing risks.
Risk Management
It is crucial to adhere to the stop loss at 2371.00 to protect against potential upside risks. This strategy ensures that losses are limited, while the potential for profit remains high given the strong resistance level.
Investors FAQ: Providing the Best Analytics
Investors FAQ is committed to providing top-tier analytics and signals for forex trading. Our comprehensive market analysis and carefully curated signals are designed to help traders make informed decisions and maximize their trading potential.
Risk Disclaimer
Trading in forex and commodities carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in forex or commodities, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with forex and commodity trading and seek advice from an independent financial advisor if you have any doubts.
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Please ensure you adapt your trading strategy according to your risk tolerance and market conditions. Happy trading!
BAKE Prints Bullish Crossover — 36% Potential + Solid Backtest RBakeryToken flashed a bullish MACD crossover on the daily chart.
Based on backtests, the signal provides a solid win rate of more than 90% for 2% and 5% gains. Even for 10% gains, the win rate is more than 82%.
Additionally, the trend indicators are entirely bullish across all timeframes. Momentum indicators are neutral, which further backs the bullish setup.
Summarized, indicators signal a super interesting scenario for an entry.
SasanSeifi 💁♂ Daily Analysis with Key Support Zones🔻 Hey there, Let's take a look at the daily timeframe of BINANCE:FILUSDT .
As you can see, the price has been on a downtrend since the $11 zone. Currently, after some minor fluctuations, it has been rejected from the 200 EMA and is trading around $5.50. The price is more likely to move downwards. If it consolidates below $5.35, we can expect a further correction toward the SELL SIDE LIQUIDITY and the $4 demand zone.
Key support levels are $4 and $3.50. There is a higher probability of a positive reaction from the $4 demand zone. In case of a correction, we need to see how the price reacts.
The potential trend is also highlighted in the chart above. Additionally, if the $4 zone breaks down, the $3.50 correction target can be considered.
Remember, this is just my personal analysis, not financial advice. Do your own research and make informed decisions.
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
BTCUSDT TRADE I'm very bullish on BTC , as we see we are on an uptrend , so we are looking to buy BTC , i'm waiting to take a buy position when the trendline is broken and I'm gonna aim for the 73998.06 and stoploss is gonna be in the 67902.47 . i'm not sure about the Stoploss area because i haven't seen the price breaks the trendline yet.
HSBC "Amazing Opportunity"After the UK CPI came hotter than expected, short positions are shining on the horizon. The UK100(FTSE) index looks over-extended to the bullish side, but better than shorting the index itself is finding a highly correlated with the index position, which in our case is HSBC.
As you can see the periods in the past are marked with verticals, whenever the index corrects HSBC follows. Currently, the level at which the stock price is sitting is at a weekly resistance zone.
Most traders who are only attracted to the risk-to-reward ratio would most likely skip such an amazing opportunity. Here comes the options. I am not going to short the stock itself but rather buy put options. To be even more specific I am buying puts at 44$ which costs 0.50$ for the 21st of June.
Long story short with 3000$ dollars you can buy 60 puts.
At 40$ your puts will be worth ~12,000$ or slightly more due to the premium.
You may say But what if it goes up and I lose my 3K, but that's not the case here.
The moment I am buying the puts I am buying 1000 shares long.
At 43$ my stock shares will be exactly 3K$ profit so my initial investment is fully covered on top of that I can still sell my put options even though they will be worth around 0.10$ but still possibly +600$.
To keep it simple:
At 40$ your 60puts will be worth 12,000$.
12,000$- 3,000$(cost of puts) - 1000shares*-4.30(4300) so we will have net profit of +4,700$
The potential win versus the initial investment may seem as unfavourable but keep in mind we are making an arbitrage trade here and the chance of losing capital is close to zero.
The ATR (Average True Range), which represents the average movement of an instrument for HSBC is 1.65$ on a weekly basis. This means that the 5 weeks we have until the strike of the option we can easily expect 4-5$ to move in either direction.
On top of that, we have NVIDIA reporting Q1 aftermarket, which will set the tone for the markets for the rest of the week.
Every comment gets answered:)
Before you jump on this financial rollercoaster, remember: past performance is like your ex's mixtape—nostalgic but not always relevant! 🎢💸 Always consult with a financial advisor before you trade your lunch money for stock options.
xauusd recent update
In our previous analysis quoted above we have referred 2407 area as the area of retracement as there is strong support in that zone. and as we predicted the same happened the market retraced from than zone and again hit back the zone creating a DOUBLE BOTTOM and again goin up to nearby resistance zone.
support and pivot 2407-2405
if this area is not breached then market will fly back to 2445 zone.
bullish targets : 2415
2421
2433
2445
bearish targets : 2401
2397
2391
2382
2376
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