Trend Lines
Alibaba - This Is Really Just The Beginning!Alibaba ( NYSE:BABA ) is starting to create a bullish reversal:
Click chart above to see the detailed analysis👆🏻
After perfectly rejecting a major resistance level just three months ago, Alibaba now retested the previous trendline breakout area and bulls are immediately stepping in. If we actually see a break above the neckline of this bottom formation, we could even see new all time highs.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
AGLDUSDT Long Setup - Spot BINANCE:AGLDUSDT
📈Which side you pick?
Bull or Bear
Low-risk status: 3x-4x Leverage
Mid-risk status: 5x-8x Leverage
(For beginners, 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: 1 step now
Yellow zone: 2nd step = 2.61-2.32
⚡️TP:
3.13
3.55
4.13
🔴SL:
1.99
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
AUCTIONUSDT Long Setup / Spot Trading (0-Leverage)BINANCE:AUCTIONUSDT
📈Which side you pick?
Bull or Bear
Low-risk status: 3x-4x Leverage
Mid-risk status: 5x-8x Leverage
(For beginners, 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:1 Step now
2nd Step in Yellow zone = 17.49 - 15.53
⚡️TP:
19.75
22.50
25.57
29.26
🔴SL:
12.60
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
RUNE Long Opportunity Market Context:
RUNE is showing signs of strength after consolidating near support and reclaiming the 200-day EMA, with a higher low further reinforcing the bullish structure. Holding above key trendlines, the setup indicates a potential continuation to the upside.
Trade Details:
Entry Zone: $4.30 – $4.70
Take Profit Targets:
TP1: $6
TP2: $8
TP3: $13
Stop Loss: Daily close below $4
This setup offers an opportunity to position for a potential breakout while managing risk effectively. 📈
Buy gold on dips, the rise may extend to 2680-2690Bros, as outlined in the trading strategy shared in my previous article, we went long on gold near the 2640 level. Subsequently, gold rallied as anticipated, hitting my target zone of 2655-2660. We manually closed our long positions around 2659, securing an easy profit of nearly 200 pips—a highly effective trading strategy!
In the short term, gold reached a high of around 2664 during its upward movement. However, due to the impact of PMI data, gold experienced a sharp pullback and is now trading back near the 2642 level. Despite this data-driven decline, I do not recommend chasing liquidity by shorting gold. The bullish structure remains intact, as evidenced by multiple pullbacks that failed to disrupt the uptrend. Moreover, strong buying interest at lower levels continues to support gold, which still has potential for further upside. I anticipate that this round of upward movement may at least test the 2670-2675 zone, with the possibility of extending to 2680-2690.
For the upcoming trades, our primary strategy remains to buy on dips. Key support levels are concentrated in the 2630-2640 range.Bros, are you optimistic about the continued rise of gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GOLD → Price buyback, local bull characterFX:XAUUSD is in a narrow channel, in consolidation, which complicates intraday movement, but nevertheless traders have a chance for possible growth. There is a lot of important news ahead that may give traders a chance.
Despite the strong intraday movement in gold, we can say that the price is standing still in the range of 2600 - 2660. Quite a difficult place for the price due to the huge density of volumes, levels, tails... Traders are refraining from new directional bets ahead of the release of crucial data on ISM Services PMI and JOLTS job openings in the US.
After a strong fall the price was bought back and returned to resistance 2648 - 2650, most likely further struggle will be for this area. The falling dollar broke the support line, thus giving an advantage to gold.
Gold and the dollar are already starting to feel Trump's power and are reacting to his statements as quickly as they did during the last period of his presidency....
Resistance levels: 2649, 2664, 2674
Support levels: 2632, 2610
Until the price leaves the channel 2600 - 2665, most of the movements will not be very clean (nature of price movement inside consolidation). At the moment the emphasis is on 2649. If the bulls will keep the defense above this zone, then in the short term the price may show growth to the local maximum
Regards R. Linda!
$NVDA #BullFlag Thru #Resistance Now #ReTesting (150Cs #Soon?!)I noted a bull flag on NASDAQ:TSLA and noticed NASDAQ:NVDA following the same style.
This looks like a strong flagpole through what was previously ATH resistance down trend.
Downtrend has now acted as support twice. Im hoping the 3rd time will be the charm ;)
Looking for NASDAQ:NVDA 150Cs and NASDAQ:TSLA 550Cs on next YUGE green day ie (SPY 2%+)
-Prophecies (Stay Patient)
PS: Apologies if chart isnt as clean as others. I'm trying to incorporate emojis to symbolize what I see as critical points, which set up critical line/levels, which then set up technical pattern. This is the way...
HCA Healthcare | HCA | Long at $299.00NYSE:HCA Healthcare: P/E of 13x, earnings are forecast to grow 6.01% per year; earnings have grown 10.6% per year over the past 5 years, and trading at good value compared to peers and industry.
From a technical analysis perspective, it dipped to my selected historical simple moving average area and may represent a buying opportunity to fill the daily price gap up to $394.00. Thus, NYSE:HCA is in a personal buy zone at $299.00.
Target #1 = $324.00
Target #2 = $362.00
Target #3 = $394.00
$SPY Lower Highs = PermaBulls Everywhere? Huh? #NotedEveryone here and on Twitter seem to be on the same side = Permabullish lol
I'm a contrarian at heart and STILL think we haven't seen what's instore to the downside...
Lower highs/H&S Build vs Double Bottom/H&S Breakdown Fail...
Seem's like news is gonna be the game changer over the next 2 weeks...
-PropheBurry
Will Gold continue to be Bullish on 2025?Along with rising geopolitical tension around the world, the world eyes for safe haven for their economy to be resilient. 2664.8 would be the nearest decision point for Gold as of now. Any break to the upside would be possible to long for Gold for buy on high . Breaks south would mean to sell on low.
GBPUSD trade idea next week 05 JanuaryGBPUSD for the last week fell and created a nice downwards trend line.
For the coming week as long as that trend line is not broken we will continue to fall until we reach key support.
My thoughts are to sell at rejection at 1.24321 expecting to reach first support at 1.23012 which is a 130 pip move.
Ill be taking partials along the way.
If we break the daily trend line ill enter a buy at 1.24947 target would be weekly resistance at 1.26068 for 111 pips.
I always take partials along the way.
Use proper risk management dont overleverage remember theres always another trade
Gold key levels with both buy and sell entries for week 05 JanSee above my thoughts on Gold for the coming week with both buy and sell levels.
For a buy am looking at entering at 2644 expecting 2665 as the first resistance then 2676 to 2678 as high resistance , if broken gold will have confirmed a bullish movement so expect 2700 and up next.
On the downside ill look to enter at 2632 expecting resistance 2624 to 2620 area , if we continue then 2608 to 2600 possible . after that 2592 high resistance leading to 2584 which will confirm the reversal
#Monero $XMRUSD One Year AnalysisCRYPTO:XMRUSD
Keylevels / Range
$120: Lowest trend price. If the price closes below this level, it would signal a bearish trend.
$163: Lowest range price. A close below this level would unlock a new lower zone extending down to $120.
$203: Current price.
$233: Upper limit of the current channel/wedge.
$370: Long-term target.
Analysis:
Monero has been trading within a range of $183 to $206 for the past two weeks. The price has closed above $197 for the first time since May 2022. This move potentially unlocks a new range, reaching at least $233, where the upper limit of the current channel/wedge and a monthly/weekly supply zone are located.
A weekly close above $237 would strongly indicate the unlocking of a new charted zone extending from $237 to $370.
Coin Bio:
Monero (XMR), is a privacy-focused cryptocurrency launched in April 2014. It was originally forked from the Bytecoin blockchain. Unlike many other cryptocurrencies, Monero's primary focus is on ensuring the anonymity and untraceability of transactions.
Key features include:
Ring Signatures: Obfuscate the sender's identity.
Ring Confidential Transactions (RingCT): Hide the transaction amount.
Stealth Addresses: Create unique, one-time addresses for each transaction, obscuring the receiver's identity.
These features make Monero attractive to individuals seeking financial privacy and are a core differentiator in the cryptocurrency space. It's developed by an anonymous community of developers and has gained significant traction for its commitment to private and fungible transactions. While its focus on privacy can be controversial, it remains a prominent cryptocurrency with a dedicated user base. XRMUSD specifically refers to the trading pair of Monero against the US Dollar.
#CRYPTO #MONERO #XMRUSD #XMR #CRYPTOCURRENCY #AHMEDMESBAH
Buy gold, target: 2655-2660Although gold briefly dropped to the 2615 level yesterday, it quickly rebounded, indicating strong buying interest below. Many investors have been gradually accumulating positions during the pullback, which underscores gold's strong resistance to further declines.
Additionally, gold has recently shown a tendency for sudden and unpredictable price swings, eliminating a significant portion of positions through repeated shakeouts.This is why I often mention locking profits in time in recent transactions.
In short-term trading, I remain bullish on gold. Therefore, I suggest patiently waiting for a pullback and using the 2640-2630 zone as support to gradually build long positions in gold.
Bros, do you believe gold will extend its rebound? If you’re interested in learning more detailed trading strategies and receiving additional trade signals, you can join the channel linked at the bottom of the article. Let’s make trading easier and turn profit-making into an enjoyable journey!
Possible bullish case for Goldcurrently, it can be seen on the chart that gold is facing resistance at 2665.78 and its been twice that it got a rejection with a strong downward movement but gets a decent bounce on the drawn trendline which acts as support. Once the price breaks the marked resistance level, move upwards and then comes back to retest it then it will be a strong indication of bullish movement
Possible ignition candle in the NZD/USD daily chartThe NZD/USD pair has experienced a decline of over 12% in recent weeks, showing no significant pullbacks on the daily chart. Currently, the price has reached an important support zone on the daily timeframe (D1), marked as a crucial decision point for the market. This notable depreciation of the New Zealand dollar is primarily due to the substantial rise of the US dollar, which gained momentum following Donald Trump's election. His commitments to bolster the US economy have fueled optimism in the American market, putting pressure on other currencies.
Potential Buying Opportunity
The current candle suggests characteristics that could indicate the start of a buying movement. If the daily close exceeds the 0.5664 level (indicated by the black line), it may form a bullish engulfing pattern on the daily chart, signaling a strong reversal after the recent steep decline.
If this pattern is validated, the price might target the 0.5860 area initially, representing a potential movement of around 196 pips. This level coincides with the 38.6% Fibonacci retracement, which may act as temporary resistance.
A prudent risk management strategy could involve placing a stop loss just below the recent low on the daily chart, around 0.5564 (approximately 100 pips), to safeguard against potential false reversals.
Alternative Scenario
Should the price fail to maintain its recovery and drop below the recent low (0.5585), the pair could continue its downward trend, potentially testing new lower support levels, including 0.5500 and 0.5400. This would suggest the continuation of the prevailing downtrend.
Macroeconomic Considerations
Investors should keep a close eye on this week's macroeconomic reports, such as the NonFarm Payroll (NFP) and the US unemployment rate, which could introduce greater volatility into the market and directly impact the NZD/USD pair's performance. These events may be pivotal in confirming or refuting the outlined scenarios. By tracking both technical and fundamental developments, strategies can be adjusted with greater precision throughout the week.
Disclaimer
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