Trying to strategize on this. How do I get a signature on here ?
OIL - CL - Long scalping If price break resistence zone we can have an new long wave to complete the 3° wave
Early layout plan for gold: As mentioned in our previous article, we decisively laid out gold short positions when entering the market at key points in the early stage, strictly implemented the fast-in-fast-out trading strategy mentioned in our article, perfectly hit the stop-profit target TP, and successfully made profits. Gold technical analysis: Gold bulls dominate the screen, continuously breaking new historical highs. The current highest has reached 3149. The daily line has also closed positively, galloping in the market, invincible, and also let the bears flee. The current trend is basically in a regular form. The bullish trend is still strong. The early opening sprint broke through the 3130 line. We directly went long in the real market and successfully reached the target 3140-3145. Yesterday, the technical side of gold ushered in an accelerated rise in the Asian market. In the afternoon, the bulls in the European market continued to break through and stand above the 3100 integer mark to reach 3120 and continue to fluctuate strongly. Last night, the US market retreated twice to confirm that it stabilized at the 3100 mark and further continued to break through the 3127 mark and closed strongly. Our real market and the analysis of the article before the US market last night also successfully entered the long order at the 3103 line. I believe that friends who follow me can see that if your current gold operation is not ideal, I hope I can help you avoid detours in your investment. Welcome to communicate! From the 4-hour analysis, today's short-term support is around 3117-3124, with a focus on the 3100-3106 line. Intraday operations follow the retracement and continue to be long. The short-term bullish strong dividing line focuses on the 3096-3100 line. The daily level stabilizes above this position and continues to maintain a low-long rhythm. Short selling can only enter the market at key points, and enter and exit quickly, without fighting. I will remind you of the specific operation strategy during the session, so pay attention to it in time. Gold operation strategy: 1. Gold retracement 3117-3124 line long, retracement 3100-3106 line long, stop loss 3097, target 3145-3150 line, break and continue to hold; Trading discipline: 1. Don't blindly follow the trend: Don't be swayed by market sentiment and other people's opinions, operate according to your own operation plan, market information is complicated, blindly following the trend is easy to fall into the dilemma of chasing ups and downs. 2. In gold trading, we will continue to pay attention to news and technological changes, notify you in a timely manner if there are any changes, strictly implement trading strategies and trading disciplines, move forward steadily in the volatile market, and achieve steady asset appreciation.
If it stays within the channel and thus the extended third wave doesn't break, nice development can be expected. CBOE:SPX
As traders we want to be predictive in our analysis and reactive in our execution. And there is no easier way to follow through with this concept then on a bracketed breakout trading opportunity. Oil has recently been on a short-term bullish run which has ended with price entering a period of consolidation. Consolidation leads to expansion so I do expect a future breakout to occur. The question however is in which direction. If I knew the answer I would bet everything I have including the house and the kids on it but unfortunately I don't. (and my wife would kill me). What I do know, is that there's a good chance that the market will give us a clue of what direction it wants to continue in and that's what I'm waiting for with this trading opportunity. If you have any questions or comments please leave them below & be sure to show some love by hitting that LIKE button before you go. Akil
The chart presents a bullish trend on the 1-hour timeframe, with price recently bouncing off support around 3110. The Ichimoku indicator shows price above the Kijun-sen and Tenkan-sen, affirming the bullish momentum. The ATR suggests reasonable volatility, while the Percent B indicates price is positioned above the middle Bollinger Band, supporting an upward breakout. The entry point is set above the last swing high at 3132.25, with a stop-loss positioned below the recent low at 3121.50. A take-profit target at 3150 provides an attractive risk-reward ratio of 2.0, capitalizing on further upward movement.
XAUUSD GOLD update | H1 timeframe ? What we are observing ? Market is in induction process - We are waiting for one more move for bullish we set the region in which we will open our positions with 60-70 Pips sl according to our Equity Target would be 3148.00 #XAUUSD
Potential reversal scenario : bullish shark pattern + breakout of falling wedge + Bullish RSI divergence , price might reverse and retest previous swing highs PS : never risk more than 2% of your capital per trade
Current news: – European data: The EUR inflation flash reading and related core inflation numbers (high‐ and medium‐impact) are on the radar. Although the forecast for the headline rate was 2.1% (down from 2.3%), the eventual outcome remains unknown, leaving the market sensitive. – U.S. indicators: Medium–to–high impact US manufacturing data (ISM PMI and job openings) scheduled later today may add volatility and influence risk sentiment. • Trend Probability: – Short Trade: With the price currently trading below the previously indicated support, a bearish continuation is more likely. Based on technical break and pending high-impact news, a short trade outcome is estimated at roughly a 65–70% probability. – Long Trade: A countertrend bounce toward support is less likely given the breakdown. The probability for a successful long trade stands roughly at 30–35%. • Technical Analysis: – Support/Resistance: The key support area (historically around the 1.0800 level) has now been breached. This breakout suggests potential further declines, with lower support possibly near 1.0770–1.0760. – Price Action & Indicators: Recent M15 candles have confirmed a downward slide beyond a previous rally zone, and while some oscillators show mixed readings, the overall picture reinforces bearish momentum. – Moving averages: The 50– and 200–period SMAs remain closely monitored. The break below support suggests that price is not only declining but may struggle to regain grip above these averages. • Trade Setups & Levels: • Entry: Consider entering around the current price (roughly 1.0784–1.0786) • Stop Loss (SL): Place a stop loss just above the previous support zone, around 1.0805 to limit risk in case of a reversal. • Take Profit (TP): Aim for lower support targets near 1.0760 or even 1.0755, adjusting based on emerging price action. Disclaimer: this is just an idea and not recommendation or any kind of advice.
Current Wave Progression: Wave (5) is in progress, with the sub-waves (i), (ii), (iii) already formed. The market seems to be in wave (iv), a minor corrective pullback before another rally toward wave (v). Key Levels to Watch: Resistance: $3,150 - $3,180 → Possible target for wave (v) if the uptrend continues. Support: $3,100 → Key level to maintain bullish momentum. $3,040 - $3,060 → Deeper pullback zone if wave (iv) extends further. Trading Outlook ✅ Bullish Scenario: If wave (iv) holds above $3,100, a continuation to $3,150 - $3,180 is likely. A breakout above $3,140 confirms wave (v) progression. ⚠️ Bearish Risk: A break below $3,100 could indicate a deeper correction. Below $3,060, bullish momentum weakens.