Hi traders! Analyzing EUR/USD on the 1H timeframe, spotting a potential entry: ? Entry: 1.0831 USD ? TP: 1.0983 USD ? SL: 1.0672 USD EUR/USD is respecting a key trendline support, suggesting a potential bullish continuation. RSI is holding above 60, and MACD shows signs of bullish momentum. If the price remains above the support line, we could see a push toward 1.0983 USD. Keep an eye on price action! ⚠️ DISCLAIMER: This is not financial advice. Trade responsibly.
Hello traders The upward momentum is strong and there is a correction. I expect the price to continue its trend and break the top.
Hello, traders In corrective patterns, Wave 2 can sometimes include large expanded waves. Here’s a simplified example of a potential Zig-Zag trade. The critical support level is at the start of the move at $79,962, while key support lies at the 0.786 retracement level at $81,635 if we break above $84,630. The target for Wave (C) is $90,547, aligning with the length of Wave (A).
Based on technical factors there is a Buy position in : ? XDCUSDT ? Buy Now ?Stop loss 0.06550 ?Target 0.07350 ? R/R 2 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?
In this technical analysis, we have examined the Istanbul Stock Exchange Index (BIST100) with a special focus on trend lines and price channels. By precisely drawing trend lines, price channels, and linear patterns, key support and resistance levels have been identified. This analysis, using a simple approach without complex tools, provides investors with a clear perspective on the potential future movement of the BIST100 index in the near future.
Going long before a potential big sale off to close the 4HR FVG. We have broken the support trend line so we will probably see a retracement before continuing downward. If we keep going down we will drop to the next zone before we retrace. I will be entering more buys if so. *I also notice that we are very low compared to previous years so there could be a huge bull coming through. just something to keep in mind!* ???
Looking for 1 more daily candle. Stay in the channel. Not sure what to explain. It's pretty self explanatory. Fail or not it's still FUN..
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- Gold prices just hit a record high, soaring past $3,085 per ounce in March 2025. That’s not just a number—it’s a warning sign. Investors aren’t piling into gold for no reason. They’re reacting to a world that feels more uncertain by the day. - The U.S. has imposed heavy tariffs on Canada, Mexico, and China, triggering trade tensions that are shaking global markets. Inflation is still higher than expected, climbing to 2.8% in February, making traditional investments riskier. At the same time, the U.S. dollar is weakening, and Treasury yields are dropping, pushing investors toward gold as a safe bet. Add to that ongoing conflicts in the Middle East and rising tensions between Russia and Ukraine, and it’s no surprise that gold is surging. Every new crisis just makes it more attractive. This isn’t just a temporary spike. Experts warn that the worst effects of these trade policies haven’t even hit yet, and if inflation keeps climbing, the global economy could be in for a rough ride. Gold isn’t just going up—it’s flashing a warning. It’s telling us that investors don’t trust what’s coming next. And if history is any guide, they might be right.
The last few months have been brutal for crypto…. After an almost euphoric run from the end of October to the beginning of December 2024, the markets have experienced an almost equal amount of grief as there was elation. Losses dominate in most altcoins, with some names even returning to levels unseen since late 2023. I believe we are nearing a critical level in the charts, not necessarily a bottom but an area where we will likely consolidate near a short-term low (say, around $63-73k) Moving averages and support indicators, suggest that the price has reached levels that historically have served as strong resistance (around $68K). The current price action of Bitcoin may evoke a strong belief that we are nearing a bottom; however, a thorough examination of technical indicators, market sentiment, and broader market dynamics suggests otherwise. One critical element to consider is the persistence of downward momentum evidenced by technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). When the RSI remains below 30, it typically indicates oversold conditions; however, current readings may suggest continued bearish pressure as the RSI can stay in this territory for extended periods during prolonged downtrends. Similarly, the MACD's negative divergence indicates that despite falling prices, momentum is weakening more rapidly, hinting at a potential lack of buying interest. Another technical indicator to consider is the price action relative to moving averages. The 50-day and 200-day moving averages have historically provided support levels that signal the market sentiment. Bitcoin's recent price action suggests it has consistently remained below both moving averages, indicating a bearish trend rather than a consolidation phase suggesting a bottom. Moreover, the death cross—when the 50-day moving average crosses below the 200-day moving average—often signals a bear market, which may imply further downside before any consolidation or potential recovery occurs. Finally, it is essential to consider that, even if we are nearing the bottom, a quick rebound in prices may not be imminent. Market psychology plays a crucial role in determining how quickly prices recover after hitting a low. After prolonged downturns, investors can remain skeptical, resulting in a slow recovery as confidence builds back up incrementally. Additionally, external factors such as upcoming economic reports or central bank decisions could further delay any significant upward movement. Thus, although we are nearing the bottom, we may not bounce right away, and patience will be necessary for both investors and market participants as we navigate this transitional phase.