Get started

Trendtrading

Dogecoin Buying Opportunity?As you can see on the daily chart, dogecoin is trending downwards in this channel. Buyers seem unable to break above .12800 resistance at the moment. If price breaks below the support line, I will wait to see how price reacts to the potential buy zone for a long position/dead cat bounce. If price retests the support line and doesn't break it, I might enter for a scalp to the upside. If price breaks above the channel and creates a new trend upwards, I will enter long. What are your thoughts on dogecoin? COINBASE:DOGEUSD
COINBASE:DOGEUSDLong
by TheTrendInspector
6
GOLD ( SENSITIVE WEEKLY ) (1D)XAUUSD HELLO TRADERS Fundamental : due to the fight in the middle east , gold prices complete instability . Tendency, the price under bullish pressure , until trade below 2,427$ . Upward Zone : In order to see an increase, as long as the price trade turning level at 2,427$, it indicates a reach of resistance levels (1) at 2,482$ , then as it stabilizes on the turning level we may see new resistance zones around 2,520$ and 2,560$ . Downward Zone: by breaking turning level by open 1d candle below this level , it indicates a reach of the support level (1) at 2,364$, then stabilizing below this level is likely to reach the support level (2) at 2,297 . Corrective Level :Price may make a correction at 2,427$ , before rising . TARGET LEVEL : RESISTANCE LEVEL : 2,482$ , 2,520$ , 2,560$ . SUPPORT LEVEL : 2,364$ , 2,297$ .
OANDA:XAUUSDLong
by ArinaKarayi
USDJPY ( BREAKOUT DESCENDING CHANNEL ) (4H)USDJPY HELLO TRADERS Tendency, the price is under down ward pressure , until trade below turning level at 144.502. Upward Zone : In order to see an increase, the price needs to break the turning level at 144.502 , to reach resistance levels (1) around 149.479 , then breaking resistance level (1) by open 4h candle above it indicates to reach of a resistance level (2) at 154.775 , then stabilizing above resistance level (2) indicates to reach of a resistance level (3) at 158.627 a strong resistance level selling have already in crease this level . Downward Zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 140.377, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 137.684 , this two level called support zone it is very strong zone because inside accumulation area . Corrective level :Price may make a correction at 144.502 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 149.479 , 154.775 , 158.627 . SUPPORT LEVEL : 140.377 , 137.684 .
Short
by ArinaKarayi
GBPUSD ( INSIDE DESCENDING CHANNEL ) (4H)GBPUSD HELLO TRADERS Tendency, the price is under down ward pressure , until trade below turning level at 1.281 . Upward Zone : In order to see an increase, the price needs to break the turning level at 1.281 , to reach resistance levels (1) around 1.285 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 1.293 , then stabilizing above resistance level (2) indicates to reach of a resistance level (3) at 1.303 a strong resistance level inside strong supply zone . Downward Zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 1.270, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 1.262 , this two level called support zone it is very strong zone because inside accumulation area . Corrective level :Price may make a correction at 1.281 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 1.285 , 1.293 , 1.303 . SUPPORT LEVEL : 1.270 , 1.262 .
Short
by ArinaKarayi
NAS100USD ( FALLING 600 POINT AND BREAKOUT TWO CHANNEL ) (4H) NAS100USD HELLO TRADERS Tendency, the price is under down ward pressure , until trade below 17,806 . Upward zone : In order to see an increase, the price needs to break the turning level at 17,806 , to reach resistance levels (1) around 18,694 , then breaking resistance level (1) it indicates to reach of a resistance level (2) at 19,536 . Downward zone: Provided until the prices trade below the turning level, it indicates a reach of the support level (1) at 17,320, then breaking this level with a 4h or 1h open candle below is likely to reach the support level (2) at 16,996 . Corrective level :Price may make a correction at 17,806 , before dropping . TARGET LEVEL : RESISTANCE LEVEL : 18,694 , 19,536 . SUPPORT LEVEL : 17,320 , 16,996 .
OANDA:NAS100USDShort
by ArinaKarayi
EURUSD ( UNDER UPWARD PRESSURE ) ( 4H )EURUSD Tendency , the price is under bullish pressure , until trading above 1.076. TURNING LEVEL : the price of this level at 1.076 , so as long as the price trade above this level indicates likely to reach a resistance level (1) , but if the breaking by open 4h candle below this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 1.084 , for reach this resistance level the price need stabilizing above a turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 1.089 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.072 , for reach this support level the price need breaking a turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 1.067 , for reach this level will be breaking by open 4h candle below support level (1) . PRICE MOVEMENT : currently price 1.079 , as long as the price trading above turning level , indicates to reach a resistance level (1) , then breaking this level likely to reach resistance level (2) , by breaking turning level indicates likely to reach support level (1) . TARGET LEVEL : RESISTANCE LEVEL : 1.084 , 1.089 . SUPPORT LEVEL : 1.072 , 1.067 .
Long
by ArinaKarayi
2
NAS100USD (STRONG BEARISH ) (4H)NAS100USD Tendency , the price is under bearish pressure , until trading below 18,912 . TURNING LEVEL : the price of this level at 18,912 , so as long as the price trade below this level indicates likely to reach a support level (1) , but if the breaking by open 4h candle above this level reach a resistance level (1) . RESISTANCE LEVEL (1) : this level around 19,237 , for reach this resistance level the price need breaking turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 19,638 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1). SUPPORT LEVEL (1) : this level around 18,481, for reach this support level the price need stabilizing below turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 18,239 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE : the price corrective at 18,912 , before dropping . PRICE MOVEMENT : currently price 18,582 ,my be the price first thing corrective turning level , as long as until the price trade below turning level at 18,912 , it will be trying to reach support level (1) , breaking this level by open 4h or 1h candle above this level , indicates to reach a resistance level (1) . TARGET LEVEL : RESISTANCE LEVEL :19,237 , 19,638 . SUPPORT LEVEL :18,481 ,18,239 .
OANDA:NAS100USDShort
by ArinaKarayi
Maximum Hypothesis TestI still believe Tesla is a great company with a lot of future ahead. However, seeing how aggressive price action has been lately, it would be wise to consider taking some profits. This would allow for the trade to keep going, and the previous winning trades will have room to grow into strong investments. It's unlikely that price will continue to uptrend in this manner, but it's great to finally see some life signs out of this company. I'm sure their future will be bright, but as of now we must stay realistic and expect price to uptrend in a normal manner and not in a bubble like form. I believe it would be best to lay back and wait for more buying opportunities and look to dollar cost average the dip. If price does keep increasing then the unliquidated stocks should keep capturing returns and if it drops then dollar cost averaging would create a great scenario for catching a possible long term uptrend.
NASDAQ:TSLALong
by DarkMessiah777
Will the dollar recover its recent losses?Looking lately at the Peso/Dollar relationship, it has seemed as if the high prices for the dollar are here to stay and the super peso has come to past. It was surprising to see that the upward trend that price was on broke. However, price as of lately has been struggling to push downwards. This is because of the 25MA is acting as support on the daily chart. Additionally, seeing the 25MA acting as resistance in the monthly chart put this trade in an uncomfortable situation. Mainly because even though there is an uptrend in important time frames, this trend is being tested on a way larger time frame. On the other hand, the movement that brought price to these levels was very solid and has a lot of support under it. Considering 18.00 pesos per dollar to be quite a good deal, I would believe that many more people will see it this way and would rather be investing in dollars. In conjunction with the main Mexican index BMV:ME which has failed to recover from the down movement caused by the victory of the newly elected Mexican president. It's officially been a month since the index hasn't been able to break above the 25MA. If price fails to create an uptrend soon, this could lead to another 8% fall in the Index. This would create great buying opportunities in the Mexican market but could also cause investors to panic. Waiting to see if Mexico is in the verge of collapse makes me think that dominoes may be starting to fall. Meaning there could be something much more serious lurking under the water. This in combination with the high risk that the USA will enter a crisis makes me believe that if price of Mexican stocks doesn't begin to turn around, we could be on the verge of a new recession. The USA still seems to have some fuel left in the tank, which could help the Mexican index recover, as also the recent rainfall has been a blessing for many communities that were affected by the severe droughts all over the country. Meaning there is a possibility that Mexico will recover, but if it doesn't then this should be a red sign for the USA as your market is overextending. Meaning, if USA enters intro euphoria and Mexico into crisis, then we would have a severe economic divergence in two countries which economies are interconnected. Expect the best, prepare for the worst.
Long
by DarkMessiah777
NVIDIA updateRecently, test of finding a top turned out to be a success. However, after entering into an uptrend on lower timeframes, price had a sudden drop while it was nearing all-time highs. This puts in risk the first trade of the referenced idea at risk. The reason we get a sell signal is because: The recent raise in price action was not enough to overcome the downward movement of the correction. However, the 25 MA usually works as a key support-resistance. Therefore, it's currently being used as support, but if this support fails its likely price will return to the current lows where the 25 MA would most likely become resistance and would test price action before determining to create a new low or continue an uptrend. The best movement for technical uptrend health is a slight correction into current lows before forming a new uptrend. This movement will also be important for the SP:SPX as NASDAQ:NVDA holds a quite large share of the index at the moment. This could be the formations of the downtrend brought by the cyclicality of uptrends and downtrends. As it was mentioned in the referenced idea.
NASDAQ:NVDALong
by DarkMessiah777
4
GOLD ( UNDER BULLISH PRESSURE ) (4H)XAUUSD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above 2,421$ . TURNING LEVEL : the price of this level at 2,421$ , so as long as the price trade above this level indicates likely to reach a resistance level (1) , but if the breaking by open 4h candle below this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 2,447$ , for reach this resistance level the price need stabilizing above a turning level , indicates have good selling in this level . RESISTANCE LEVEL (2) : around 2,474$ , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) RESISTANCE LEVEL (3) : around 2,500 , this level it is a historical peaks , for reach this level the price needed breaking turning level (2) . SUPPORT LEVEL (1) : this level around 2,391$ , for reach this support level the price need breaking a turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 2,365$ , for reach this level will be breaking by open 4h candle below support level (1) . PRICE MOVEMENT : currently price 2,435$ , as long as the price trading above turning level , indicates to reach a resistance level (1) , then breaking this level likely to reach resistance level (2) , by breaking turning level indicates likely to reach support level (1) . TARGET LEVEL : RESISTANCE LEVEL : 2,447$ , 2,474$ , 2,500$ . SUPPORT LEVEL : 2,391$ , 2,365$ .
OANDA:XAUUSDLong
by ArinaKarayi
GBPUSD ( BREAKING EACH TURNING LEVEL DETERMINE DIRECTION ) (4H)GBPUSD HELLO TRADERS Tendency , the price inside two turning level around 1.273 & 1.278 . TURNING LEVEL (1) : the price of this level at 1.278 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 1.273 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 1.283 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 1.292 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.266 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 1.261 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 1.274 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 1.283 , 1.292 . SUPPORT LEVEL : 1.266 , 1.261 .
by ArinaKarayi
XRPUSDT ( INSIDE SENSITVIE AREA ) (4H)XRPUSDT HELLO TRADERS Tendency , the price inside two turning level around 0.58 & 0.56 . TURNING LEVEL (1) : the price of this level at 0.58, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 0.56 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 0.60, for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 0.65 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around O.51 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 0.47 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 0.57 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 0.60 , 0.65 . SUPPORT LEVEL : 0.51 , 0.47 .
by ArinaKarayi
GBPUSD ( CORE PCE PRICE INDEX) ( 4H )GBPUSD HELLO TRADERS Tendency , the price inside two turning level around 1.287 & 1.285 . TURNING LEVEL (1) : the price of this level at 1.287 , so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 1.285, so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 1.293 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 1.303 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 1.279 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 1.269 , for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 1.286 , have two scenario , first corrective turning level (1), before dropping to touch a turning level (2) , then breaking this level reach a support level (1), second corrective turning level (2) , to reach a turning level (1) , then breaking this level reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 1.293 , 1.303 . SUPPORT LEVEL :1.279 , 1.269 .
by ArinaKarayi
USDJPY ( SENSITIVE AREA BETWEEN TWO TURNING LEVEL ) (4H)USDJPY HELLO TRADERS Tendency , the price inside two turning level at 151.741 & 150.399 . TURNING LEVEL (1) : the price of this level at 151.741, so if the price breaking this level reach a resistance level (1) . TURNING LEVEL (2) : the price of this level at 150.399 , so if the price breaking this level reach a support level (1) . RESISTANCE LEVEL (1) : this level around 153.190 , for reach this resistance level the price need breaking a turning level (1) . RESISTANCE LEVEL (2) : around 154.747 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) . SUPPORT LEVEL (1) : this level around 149.058 , for reach this support level the price need breaking a turning level (2) . SUPPORT LEVEL (2) : support level at 147.068, for reach this level will be breaking by open 4h candle below support level (1) . CORRECTIVE LEVEL : currently price 150.582 , have two scenario , first corrective 151.741 , before dropping to touch a 150.399 , then 149.058, second corrective 150.399 to reach a 151.741, then breaking this level likely reach a resistance level (1). TARGET LEVEL : RESISTANCE LEVEL : 153.190 , 154.747 . SUPPORT LEVEL : 149.058 , 147.068.
by ArinaKarayi
Never Underestimate A Simple Setup USDCHF +120 Pips Update: simple and easy setups sometimes are the best so never underestimate ur trade and have second thoughts about it on 2 conditions: 1- u enter from strong area of resistance or support. 2- u don't enter against the trendline or the general direction of the pair. the price is creating very decent waves and also it will hit 71% fib level that will be at the same are of the trendline so putting a sell trade around this are will be great opportunities
by Forex_Wealth_Factory
NAS100USD ( BREAKOUT DESCINDING CHANNEL ) (4H)NAS100USD HELLO TRADERS Tendency , the price is under bullish pressure , after breakout descending channel . TURNING LEVEL : the price of this level around 19,114 , as mentioned after the price trading above this level reach a resistance level (1) , yesterday reach target +440pip , may be the price it will attempt to reach this level before rising , but if the breaking 18,956 by open 4h candle below this level indicates likely to reach support level (1) . RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need trading above 19,114 , indicates have good selling in this level RESISTANCE LEVEL (2) : around 19,826 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) RESISTANCE LEVEL (3) : around 20,217 , for reach this level it will be breaking by open 1D candle above resistance level (2) , indicates have very strong sells in this level . SUPPORT LEVEL (1) : this level around 18,627, for reach this support level the price need breaking a turning level , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 18,240 , for reach this level will be breaking by open 4h candle below support level (1) . MY GOALS : resistance level (2) at 19,826. TARGET LEVEL : RESISTANCE LEVEL : 19,529 , 19,826 , 20,217 . SUPPORT LEVEL : 18,627 , 18,240 .
OANDA:NAS100USDLong
by ArinaKarayi
Trading Idea: Bearish Shark Setup on NZDUSDI wanted to share an interesting setup on NZDUSD that’s been forming for a while. Let’s dive into the details! Current Overview: Bearish Shark Setup: Potential Reversal Zone (PRZ) : The setup has been hovering at the PRZ, which some traders might misinterpret as a violation. Key Insights: Having the Right Knowledge Matters : From my 19 years of trading and nearly 16 years of coaching, I’ve seen even experienced traders make mistakes in reading signals like this. It’s not uncommon for traders with 8 years of experience to misjudge such setups. Strategy: Second Chance Entry: Key Level : 0.5935 What to Do: If you missed the initial signal, wait for the market to retest 0.5935 for a second chance entry opportunity. Community Alert: This Trade Alert was triggered at 14:00(SGT) Final Thoughts: Patience and proper signal interpretation are crucial in trading. If you’re looking for a second chance, keep an eye on 0.5935. Don’t hesitate to reach out if you need more insights or if you missed this trade. What’s your take on this setup? Have you seen similar patterns before? Share your thoughts and strategies below! Happy trading, everyone!
Short
by RaynLim
8
This Simple Error Cost Me Big on XAUUSD! Learn From My Mistakes!Key Levels and Zones Highs and Lows: HH (Higher High) and LH (Lower High) are marked on the chart. The chart shows a recent HH and LH indicating a bullish trend with a potential pullback. Liquidity Zones (LQZ): 4HR LQZ at 2474.891: This zone might act as a significant resistance level. 4HR LQZ at 2432.126 - 2432.046: This zone was previously a resistance level that may now act as support. 4HR LQZ at 2348.453: Another support zone lower on the chart. Daily Bull Flag: A daily bull flag is drawn, suggesting a potential continuation of the bullish trend if the price breaks out upwards. Trading Plan Identify Key Zones: Mark key support and resistance levels on your trading platform. Wait for Confirmation: Look for confirmation signals (candlestick patterns, volume spikes) before entering a trade. Set Alerts: Use trading alerts to get notified when the price reaches key levels. Risk Management: Always use a stop loss to protect your capital. Ensure your risk-reward ratio is at least 1:2. Review and Adjust: Regularly review your trades and adjust your strategy based on market conditions.
OANDA:XAUUSDShort
by Adlercon333
3
NAS100USD (BULLISH DIRECTION ) (4H)NAS100USD HELLO TRADERS Tendency , the price is under bullish pressure , until trading above 18,956 . TURNING LEVEL (1) : the price of this level at 19,114 , so if the price breaking this level reach a resistance level (1) , by breaking this level active bullish zone . TURNING LEVEL (2) : the price of this level at 0.126, so if the price breaking this level reach a support level (1) , by breaking this level active bearish zone . RESISTANCE LEVEL (1) : this level around 19,529 , for reach this resistance level the price need breaking a turning level (1) , indicates have good selling in this level RESISTANCE LEVEL (2) : around 20,093 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) RESISTANCE LEVEL (3) : around 20,694 , for reach this level it will be breaking by open 1D candle above resistance level (2) , indicates have very strong sells in this level . SUPPORT LEVEL (1) : this level around 18,627, for reach this support level the price need breaking a turning level (2) , indicates have good buying in this level . SUPPORT LEVEL (2) : support level at 18,240 , for reach this level will be breaking by open 4h candle below support level (1) . PRICE MOVEMENT : currently price 19,107 , have two scenario , first scenario corrective turning level (2), before rising to touch a turning level (1) , then breaking this level reach a resistance level (1), second scenario corrective turning level (1) , to reach a turning level (2) , then breaking this level reach a support level (1). TARGET LEVEL : RESISTANCE LEVEL : 19,529 , 20,093 , 20,694 . SUPPORT LEVEL : 18,627 , 18,240 .
OANDA:NAS100USDLong
by ArinaKarayi