ChessCrypto

ChessCrypto Updated 

Hello traders, this trading idea is based on simple technical analysis. As you can observe, the Pound/Yen pair has broken above 191.984, indicating a stronger presence of buyers than sellers. The target price levels are 193.861 and 195.74. Any price within the range of 190.119 to 191.984 is considered a suitable entry point for buy orders, with a stop-loss set at 188.271

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Hi Traders, This gold trading idea is based on technical analysis. As you can see, the price has broken below the critical support level of 2,888.133, indicating increased sell pressure. A significant long squeeze is likely underway, with potential downward targets at 2,846.20, 2,824.881, and 2,804.207. Entry Zone: Any price between 2,909.013–2,888.133 presents...

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Hi traders, this idea is based on technical analysis. As you can see, the Dow Jones has broken below the support level of 44533.5, which leads me to expect further sell-off towards 43909.8, 43593.7, and 42598. My stop-loss is at 44533.5.

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Hi Traders, This trading idea is based on technical analysis. As shown below, GBP/JPY has broken above 189.755 (a key level breached hours ago), signaling strong bullish momentum and a potential short squeeze. This could drive the pair toward 191.347, 192.151, and 192.950. Entry Zone: Consider buy orders between 188.957–189.755. Stop Loss: Place at 188.164 to...

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Hi traders this is why tesla could fall in the coming days. - Musk’s political alignment with Trump may alienate environmentally conscious buyers and complicate international expansion, especially in markets like the EU where Chinese competitors face high tariffs. - Tesla's 2024 annual deliveries fell for the first time in its history (1.79 million EVs, down 1.1%...

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Rising interest rates, inflation, and the possibility of a global recession are creating a challenging environment for risk assets like Bitcoin. Investors may shift towards safer havens, leading to a decline in Bitcoin's price. - Short entry price at 100,049.81 - Stop loss at 107,208 - Target price at 85,757.95 AND 78,540.89

ChessCrypto

From a technical perspective, the chart shows a break of daily support at 126.86 and 129.51. This could lead to a long squeeze and increased selling pressure, targeting levels of 109.9, 100.44, and 90.56. A sell position between 135.05 and 129.51 might be considered, but a stop loss at 148.95 is crucial.

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The Bank of England (BoE) has maintained a hawkish stance, raising interest rates to combat inflation. In contrast, the Bank of Japan (BoJ) has kept its monetary policy accommodative, with ultra-low interest rates. This significant interest rate differential creates a strong incentive for investors to borrow Yen at low rates and invest in higher-yielding...

ChessCrypto Updated 

This idea is based on my previous gold analysis, with updated risk-reward calculations following the formation of a green-red candle resistance on the daily chart. 1. Gold is forming a bearish trend, evidenced by lower lows. 2. On Thursday, August 22, 2024, Gold broke minor daily support at 2,497.400. A bullish close on Friday, Monday and Tuesday suggests a...

ChessCrypto Updated 

This idea is based on Fibonacci, Weekly major bullish trend and chart pattern stop loss at 141.737 target are 149.393, 151.758 and 154.124

ChessCrypto Updated 

Key Points for Short Decision: 1.Gold is near its all-time high of 2,531.765. 2.Gold is forming lower lows, indicating a potential bearish trend. 3.On Thursday, August 22, 2024, Gold broke below minor daily support at 2,497.400. 4.A bullish close on Friday suggests a potential liquidity hunt before a significant downward move. 5.I'm waiting for a green-red candle...

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This idea is based on Fundamental analysis, Fibonacci, chart patterns. my stop loss will be 2522.586 and my targets are 2506.680, 2499.526 and 2490.773

ChessCrypto Updated 

Based on Fibonacci, Kunta pattern and major trend stop loss at 17650 targets are 18309.5, 18622.7 and 18939.8

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Gold reached psychological price 2,500. Analysis based on Fibonacci, chart patterns, and fundamentals I am going short at 2,499 and my targets are 2,445 and 2,410

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based on Fibonacci, Fundamental analysis, CPI data, major trend and chart pattern stop loss 146.472 targets are 147.663, 148.306 and 148.819

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Based on Fibonacci, major trend, chart patterns, KUNTA pattern and fundamental analysis stop loss at 2465.755 Targets are 2440.948 and 2425.893

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based on major bearish trend, chart patterns and Fibonacci Stop loss at 147.982 Targets are 145.975, 145.073 and 144.329

ChessCrypto Updated 

Idea is based on moving averages, MACD, chart pattern, and Fibonacci. stop loss at 58,013 Targets are 60,662; 61,335 and 62,168