Gold weekly chart with Buy and Sell level's Gold making ATH before retracing last week.
Here are the levels I'll be watching in the coming week.
I'll look at taking a buy if gold gets to 2776 expecting it to meet resistance on the way to 2800.
2778 and 2784 will be strong levels to break on the way up.
On the sell side ill look at entering at 2766, expecting 2750 as first major support.
Trades entries based on higher time frame and support and resistance backed up with Fibonacci levels.
Check out my other gold swing trade idea i just posted for the more experienced traders.
Ill update this as the week goes on.
Trend Analysis
Correction down for SPX500USDHi traders,
Last week SPX500USD came into the 4H FVG's and rejected from there to the upside making a new ATH.
Next week we could see a corrective move down and after that more upside.
Let's see what the market does and react.
Trade idea: Wait for a bigger correction down to finish. After that you could trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
SKLUSDT BULISHThis idea was analyzed a few days ago, but I didn’t publish it because I wasn’t sure about it.
Right now, some of the targets have been reached (I’ve removed them), and a few others are still pending.
Let’s see what the market tells us!
Note: My ideas are not intended for any type of scalping or scalpers!
Here are my other ideas:
GME 5yr - Weekly Candle - 40 MA bullish crossover Gamestop 40 week moving average just crossed over the 3 year moving average. Last time we saw this was leading up to the '21 sneeze.
Stock is showing good support between the $25-30 dollar range, if we can hold or exceed this zone, we could see something similar to 4-years ago. Definitely need a catalyst and some volume.
4 year cycle??
target hit successfulTrade Update
BTC/USD Sell Alert
1. _Entry Point:_ $104,800
2. _Target Price:_ $103,600
3. _Stop Loss:_ $105,400
Trade Status
- _Target Price:_ $103,600 (TARGET HIT - TRADE SUCCESSFUL)
Congratulations! Your BTC/USD sell trade has successfully hit its target price of $103,600. Well done!
BTC Looking to BreakoutI have alerts on each trend line. If we get a break of structure (BOS) I will enter in a short position, allowing us to catch a bearish move towards my first grey area. I am expecting Bitcoin to bounce off the Daily (D) Trend line. My Long entry will occur within my Green ZONE. Following With a retracement towards its current bullish Trend.
WOO/USDT: Stop Buy Order Set > Watching for BreakoutHey traders,
Here's a quick look at a potential BINANCE:WOOUSDT long setup I'm watching.
Following a dip to $0.1700, WOO seems to have found support and is potentially gearing up for a move higher.
>>I've set a stop buy order just above $0.1780 to enter if it breaks out.<<
Good luck out there!
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. I am not a financial advisor. Trading cryptocurrencies involves significant risk, and you could lose some or all of your investment. Conduct your own research and due diligence before making any trading decisions. Past performance is not indicative of future results.
EUR/GBP - Monthly OutlookThis in my own opinion is one of my strongest Monthly Outlooks so far. Let me explain
HTF - This chart can how a very strong fast Bullish push towards the Upside ALTHOUGH, HTF's do suggest Bearish movements. Sells in this market are currently proffered due to the Monthly time line being Bearish. On the weekly and the Daily we are waiting for price to fall a bit before continuing this bullish leg. Higher TF's suggest this pullback could be part of a correctional stage of Elliot's wave. Im looking for price to return into the 50% range on the Fib to fall into a discount stage before looking to buy. Due to recent Price action there isnt a huge amount of information. We have two possible buy locations marked out, we also have our OTE zone marked out that is between those two entry models.
Lower Timeframes here so far are pretty basic. I expect price in the lower timeframes to give us a bit more clarity further into the month when price returns into the HTF Imbalance which may give us a little bit of choppy price action. This may help us determine some entries without the guess work currently other than an OTE zone and two Demand zones.
I will keep this Outlook Update further into this trading month.
Goodluck to the traders that follow.
GBPJPY am currently monitoring GBPJPY, as I believe the pair is poised for a bullish trend reversal. After observing recent price action, it seems that GBPJPY has reached a critical support level at 191.300, which has historically acted as a significant zone for potential price bounces. Given the strong market dynamics, I expect that this level will hold, setting the stage for a possible upward reversal.
Looking ahead, my target for this potential bullish move is around the 194.700 level. This price target aligns with key resistance zones and recent market structure, suggesting that if the bullish reversal materializes, GBPJPY could make its way towards this area.
Key factors I’m considering for this outlook include:
Support at 191.300: This level has provided a solid base for the pair, and any break above this zone could signal further strength.
Bullish Momentum: Indicators are beginning to show signs of upward momentum, which aligns with my expectation of a trend reversal.
Market Sentiment: I’m closely watching overall market sentiment, especially as it pertains to GBP and JPY fundamentals, which could play a role in fueling the upside potential.
I will be watching for confirmation of the reversal in price action, and I’ll look for higher highs and higher lows as the trend shifts. If the price begins to break key resistance points along the way, this will further validate the upward move toward 194.700.
As always, risk management is key, and I will be watching for any signs of invalidation below 191.300, which could suggest a reassessment of the trade.
Stay tuned for updates, and good luck to all traders!
JUP/USDT Long Trade Setup – Key Levels!Here’s the **JUP/USDT Long Trade Setup** based on the chart:
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**🚀 📊**
- **SL (Stop-Loss):** 0.8948 🔴
- **Entry:** 0.9203 🟡
- **T1 (Target 1):** 0.9545 🟢
- **T2 (Target 2):** 0.9965 🟢
👉 Confirm support at the current level before entering. Use proper risk management to secure your trade! 💹
#JUPUSDT #CryptoTrading #LongTrade #TechnicalAnalysis #TradingSetup #CryptoMarket #RiskManagement
XAUUSD D1 double top Pattren (Falling)OANDA:XAUUSD D1 timframe Gold reached 2786, strong resistance overbought, 2nd double top formed and uptrend ended now looking at double top which suggests a fall,
We can only consider selling XAUUSD
XAUUSD Sell Entry Point: 2770
Small Target: 2755
Small Target: 2740
Big Target: 2644
Stop Loss: 2803
TAOI think TAO can complete this scenario. The RSI has also broken its trend and is moving above 50. In my opinion, TAO’s next target is the top of the channel, which is in the range of $650 to $750, provided the $358.5 support zone holds.
Good luck! This analysis reflects only my personal opinion, and you are responsible for your own trades. Please share your thoughts with me.