"I’m currently waiting for a scenario like this to unfold, or something similar, before I consider opening a short position on GBP/USD. I’m also looking for confirmation before actually executing the trade. Based on my analysis, I expect the dollar to strengthen in the near future, which is why I believe that a short position on GBP/USD could be a profitable move. However, I’ll stay cautious and monitor the market closely before making any decisions."
STRK is holding above value area high from jun 2024 and if it could manage to close a weekly candle above $0.66 will indicate a possible move towards apr/may 2024 highs, it is above anchored vwap from jun 2024 and trying to flip an important region into support, moneyflow increasing and turning into bullish momentum in the higher timeframes. The target is between fibonacci retracement levels from apr 2024 high to aug 2024 lows, value area high/poc from apr to jun 2024 and daily level. TARGET: $1.306 to $1.575 up to (+160%)
Script was quite good for scalpers till 6:30 pm, after that long stoploss orders got triggered. Selling was quite sharp and rally was shallow. It was a day for short sellers or should I say opportunists. I'm calling it a day now. Happy trading!
Silver long ?Please don't be greedy ENTRY : yellow point TP : blue lines SL : below red line for LONG position above red line for SHORT position ⛔️INSTRUCTIONS 1: Please respect the yellow entry point, otherwise you risk entering too early before my strategy or too far, thus reducing gains and aggravating losses in the event of a stop loss ⛔️INSTRUCTIONS 2: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20
Yello, Paradisers! Is RUNE about to explode or will it face a major rejection? Here's what you need to watch closely to avoid any costly mistakes. ?Currently, RUNE is testing a critical resistance level at $7.7. A confirmed breakout above this zone will signal a bullish continuation, potentially opening the path for a mid-term rally towards our target major resistance area. ?However, if RUNE faces rejection at $7.7, the price could pull back to the key demand area around $5.6. This level has acted as strong support before, and a successful bounce from here could reignite the bullish momentum. ?But what happens if RUNE fails to hold at $5.6? Here's where caution is needed. Below the demand zone lies a key support trendline. If a breakdown occurs, this would trigger a bearish signal, increasing the probability of a move towards the next strong support area. ?Looking back at RUNE's price history, the strong support area has been respected multiple times, making it a significant level to watch. Should RUNE retest this zone, there's potential for a rebound. ?If RUNE closes a candle below $4.2, this would invalidate the bullish outlook. A breakdown here could lead to deeper losses, so stay cautious if price approaches this zone. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success?
NVDA signals are in conjunction: Head and shoulders 150 SMA Weekly 50% fibo level
? "Success is not final, failure is not fatal: it is the courage to continue that counts." – Winston Churchill Every success we achieve is just a step, not the final destination. Likewise, every failure is merely a temporary lesson, an opportunity to grow and improve ?. ? What truly matters is our ability to persevere, to keep moving forward despite obstacles and setbacks. Those who succeed in the long run are those with the unbreakable courage to rise after every fall ?. ? Don’t fear failure. See it as a stepping stone to your future victories. Each challenge is a chance to become stronger, wiser, and more resilient. ✨ Keep moving forward with confidence and determination, because your true strength lies in that perseverance. ?
... for a 85.97 debit. Comments: Going long at or near November lows, selling the -75 call against shares to emulate the delta metrics of a 25 delta short put, with the built-in defense of the short call. I'm also looking to snag the January and potentially the February dividends here. This is a bit longer-dated than I ordinarily like to go, but I'm not doing a ton here besides waiting for January setups to come in/be managed. The obvious variant is to sell the standard -30 delta against: TLT Feb 21st 94 covered call, 89.72 debit, 4.28 max. 4.77% ROC at max where the short call is paying >1% of the strike price in credit. Metrics: Buying Power Effect/Break Even: 85.97/share Max Profit (ex. dividends): 1.03 ROC at Max: 1.20% 50% Max: .52 ROC at 50% Max: .60% Will generally look to take profit at 50% max after at least the January dividend drops.
Wave 4 is ending. It may be willing to pull back to the bearish trade line. Wave 5 is available with a target of $8.
Today, U.S. Retail Sales figures were released. Retail sales increased by 0.7% , surpassing the forecast of 0.6% . However, Core Retail Sales rose by only 0.2% , below the anticipated 0.4% . These figures indicate continued strength in U.S. consumer spending, which can lead to a stronger U.S. dollar ( TVC:DXY ) . A stronger dollar typically exerts downward pressure on gold prices, as gold is priced in dollars, making it more expensive for international investors when the dollar appreciates. However, it's important to note that multiple factors influence gold prices, including upcoming Federal Reserve decisions on interest rates and global economic conditions. ---------------------------------------------- Gold ( OANDA:XAUUSD ) continued to fall as I expected and is currently moving through the Support zone($2,642-$2,620) and the Potential Reversal Zone(PRZ) . According to Elliott's wave theory , Gold seems to be completing wave 5 . Also, we can see the Regular Divergence(RD+) between Consecutive Valleys. I expect Gold to start rising again from the PRZ and Support lines and attack the Resistance lines . ⚠️Note: If Gold breaks the Support zone($2,642-$2,620), we can expect more dumps.⚠️ ?Be sure to follow the updated ideas.? Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.