200 EMA touched price below created hhs and hls, Price broke previous high on ltfs pulled back to fill liquidity and continued making new highs
BINANCE:OMUSDT has completed a Cup and Handle pattern with a breakout. The Cup and Handle formation typically leads to strong upward moves, with momentum accelerating post-breakout. The price could rally towards key zones $4.1915, $4.5573 and finally $5.2100. However, traders should remain cautious and set stop-losses below $3.6600 to manage downside risks. Cup and Handle Formation: - A rounded "Cup" pattern has formed over several days, signalling gradual accumulation and reversal. - The "Handle" is represented by a small Bull Flag or downward-sloping consolidation, which is a bullish continuation signal. - The breakout from the handle signifies the resumption of the bullish trend. Parameters Entry: 3.97 TP1: 4.20 TP2: 4.55 TP3: 5.21 SL: 3.66 This is a 1:4 RR Bullish setup. Like and comment your thoughts about the setup. https://www.tradingview.com/x/ykaVVqL6/
GBPCAD 1-Hour Analysis The GBPCAD pair is trading within a rising wedge pattern on the 1-hour chart, which is typically a bearish continuation or reversal signal. The narrowing price movement suggests weakening bullish momentum, creating a potential setup for a sell position if the price breaks below the wedge’s support line. Technical Outlook: Pattern: Rising Wedge Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position on a confirmed breakdown of the wedge’s support line. Traders should look for confirmation such as bearish candlestick patterns (e.g., a strong bearish engulfing candle) or indicators like RSI showing divergence or overbought conditions. Set stop-loss orders above the wedge resistance and target lower support levels for potential profit.
This is another one of the best performing pairs in the whole market. We are looking at Render Token through its Bitcoin pairing: RENDERBTC. This week is the fifth green week and RENDER is moving above EMA55. EMA89 was already conquered as resistance last week and this puts Render Token in the bullish zone. A major correction happened this year lasting 8 months, from March through November 2024. The correction stopped below 0.618 and above 0.786 Fib. retracement levels. Classic support range. The fact that RENDERBTC is now trading back above 0.618 Fib. retracement for the entire 2022-2024 bullish phase, confirms this pair being in the bullish zone. The highest buy volume this week since January 2023 is also a very strong positive signal and strengthens the signals already mentioned. We are entering a new and strong major bullish-phase. After 8 months of correction, we can expect years of growth to follow next. Some easy targets are shown on the chart... I am wishing you great-profits, good-health, huge-wealth and high-success. Thank you for reading. Namaste.
NSE:HDFCBANK Note : 1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low. 2. Risk :Reward ratio should be minimum 1:2. 3. Plan your trade as per the Money Mangement and Risk Appetite. Disclamier : You are responsible for your profits and loss. The idea shared here is purely for Educational purpose. Follow back, for more ideas and their notifications on your email. Support and Like incase the idea works for you.
1. Support and Resistance Levels Bitcoin's been really holding its ground above some key support levels lately. When it does this, it usually means it could start climbing soon, especially if it breaks past those resistance points up ahead. Resistence 103.00USD 2. Moving Averages Bitcoin is trading above both its 50-day and 200-day moving averages, and they’ve just made a 'golden cross.' This is a great sign for Bitcoin bulls because it’s often followed by significant price jumps, showing that momentum might be building. 3. RSI and MACD Indicators The Relative Strength Index (RSI) shows that Bitcoin isn’t overbought yet, hovering in a neutral to slightly bullish zone. At the same time, the Moving Average Convergence Divergence (MACD) has a bullish crossover, which tells us that buyers might be gaining the upper hand. 4. Volume Analysis There's been a lot of trading activity recently, which really helps confirm that people are getting more interested and confident in Bitcoin. When we see a lot of action during price rises, it’s generally a good sign that those increases are solid. 5. Trendlines and Patterns Bitcoin's chart is showing what’s called an ascending triangle. This pattern means that the price is making higher lows and is testing the upper resistance. It’s like it’s gearing up to break out and possibly shoot up higher. 6. Market Sentiment Overall vibes in the crypto market are getting better, thanks to some positive shifts in the broader economy and more big players getting involved with crypto. Good vibes can really boost Bitcoin's technical outlook. 7. Fibonacci Retracement Bitcoin has hit a key level in Fibonacci retracement, which traders often see as a perfect spot to jump in. This could set the stage for the next round of price increases. From all these indicators, Bitcoin looks like it's in a good spot for some potential growth. Just keep in mind, the crypto market can be unpredictable, and external factors can still sway prices unexpectedly.
1:1 profit has been achieved, now let's go for 1:2 Secure half of the profits and set the other half to breakeven
Gold technical analysis: gold since last Monday after a sharp decline in the single negative, up to now has been showing a small shock slow rise trend. In the three trading days of this week, the daily high was suppressed by the MA60 average, each time it hit the position began to fall, today's suppression position around 2657, today focus on the position suppression, you can participate in a short order at this position, the rest of the position is temporarily not considered. Below, focus on the support around 2630-32, which I also stressed yesterday, these days have been testing the support of this position. It is expected that before the release of non-agricultural data, gold will not have too big fluctuations, or in accordance with the 2630-2660 range to treat, intra-day operation, around the range can be carried out. Gold is still volatile now, do not chase up and kill down, gold still need to wait for Friday's big non-agricultural to get out of the direction, gold still continues to shock one hour, gold rebound is also many times surge down, and gold last night small non-agricultural benefits plus hedging did not make gold continue to rise, so it is still difficult to rise. Gold last night US pressure 2657 line suppression fell, early 2657 or continue to meet high altitude. Gold has been volatile for a long time recently, so it is easy to erupt in a new big market. On Friday, big non-agricultural gold may break through the range of volatility, and then such as the trend is clear to continue to follow the trend, now or the range of volatility, rebound high or continue to short. In general, today's gold short-term operation ideas suggested to rebound short, supplemented by correction to do more, the above short-term focus on 2657-2660 first-line resistance, below the short-term focus on 2620-2625 first-line support, 12.5 Gold Operation Strategy Reference: Empty single strategy: Strategy 1: gold rebound 2655-2657 near the batch short (buy down) two-ten positions, stop loss 6 points, the target 2645-2630 near, break to see 2625 line Multi-single strategy: Strategy 2: gold callback around 2620-2625 to do long (buy up) two-tenths of a position, stop loss 6 points, the target around 2635-2645, break to see 2650 line
https://www.tradingview.com/x/bDcAo8oR/ My dear subscribers, My technical analysis for EURNZD is below: The price is coiling around a solid key level - 1.7973 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.7919 My Stop Loss - 1.8010 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
DIA The implied move on the day here is between 447 and 455 and that is from options and the implied move on the week is 444 to 456. We have been consolidating around the 35 EMA this week we did new highs yesterday And only two levels in the trading range are all-time highs and the 35 EMA. Definitely a straightforward trading range.