Trading the Sequence Setup: Entry Zone: Buying near the WCL zone ($98–$105) provides a favorable risk-reward opportunity, following the sequence structure. Stop Loss: Place stops below $95 to protect against a breakdown in the sequence. Profit Targets: T1: $148 (1.618 Fib extension) T2: $155 (1.809 Fib extension) T3: $161 (2.0 Fib extension) Invalidation: A breakdown below the WCL zone and $95 invalidates the upward sequence, potentially targeting $90 or lower levels.
Spot gold continues to extend yesterday’s bullish momentum, driven by a combination of factors, including growing concerns over global geopolitical tensions, an increased demand for safe-haven assets, and market expectations of potential rate cuts from the Federal Reserve. These fundamental factors have provided strong support for gold prices. From a technical perspective, spot gold has successfully broken above and closed above the key resistance level of $2660. This breakout has provided fresh momentum for bulls, and indicators on the daily chart, such as the RSI and MACD, show positive upward momentum, suggesting gold could continue to test the $2700 mark in the near term. Today’s Strategy: Long Position on Pullback: Consider entering long positions if gold retraces to the 2665-2670 region, capitalizing on the current bullish momentum. If prices break and hold above $2700, further upward movement is likely. Risk Management: Given the high volatility in the gold market, it is essential to implement strict stop-loss orders to protect against sharp price fluctuations due to unforeseen events. Disclaimer: The above analysis is for informational purposes only. All trading decisions should be made with strict risk management in place and avoid over-leveraging.
After this heavy drop, MYRO has now formed an ascending triangle in the 15-minute time frame, which could be a sign of a bullish trend. Please note that this analysis is in the 15-minute time frame. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Today Index went up till 111759 & then dropped to 107711 (movement of around 4000 points). Now, Immediate Support levels are S1 107500 - 107700 S2 105000 - 105500 In worst case, Index may touch 100800 & then rally upside again. On the flipside, Immediate Resistance levels are R1 111850 120000 R2 115000 116000
us500 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: For risk and money management: 5% of your wallet for LEV X ≤20 And 3% of your wallet for LEV X ≥ 20
OB and patern on lq base in low we could expect a short trade on it dont forget to risk free
We have something between Weekly Q1 and Q2 on EU and GU. If GU respects the BISI it’s currently in, I will be looking for a setup when EU purges the CRL.
?#BTC short structure target achieved✔️ ?From a structural perspective, the double bottom short structure targets have all been achieved, we also participated in some long trades in the overlapping support area, and there was a good rebound. ➡️Due to the large number of profit-makers at this stage, the selling pressure is very high, but don't be too discouraged, we still have at least one chance to go higher, the long trend is still intact, don't go short in the repair phase, and shorting is also considered after going higher. Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
Price is respecting the FVG zone (1.0528), signaling a bullish reversal. Watching closely for a surge toward 1.0620 and potentially 1.0645. The EUR/USD chart shows a potential reversal setup forming around a Fair Value Gap (FVG) at the 1.0528 level. Price has retraced into this FVG, aligning with a high-probability demand zone. The 1.0530 area, acting as a significant structural support, has shown strong rejections, indicating buying interest. The FVG aligns with previous inefficiencies in the price, providing a magnet for liquidity before the market resumes its upward trend. The initial target at 1.0620, where minor resistance could emerge. A decisive break below 1.0520 would invalidate this setup, suggesting further downside potential.
Fundamentally Gbp has gained a lot over the recent days. now technically, the daily TF broke a structure, and when you go lower wit moving averages, GbpJpy has a high probability of going up