FTSE UK100 index sell signal. M30 downtrend is still active. Risk reward 1/3
It has a bearish structure and is forming a trading kink, which acts as a supply zone. We expect a rejection to the downside from this supply area. When your profit exceeds 10%, break even and secure some profits. A daily candle closing above the invalidation level will invalidate this analysis. A daily candle closing above the invalidation level will invalidate this outlook. Do not enter the position without capital management and stop setting Comment if you have any questions thank you
I found a cup and handle on FTM. Needs to hold the 0.5 fib. take profit at 0.76427
The intraday rebound target is the 3080-3100 pressure range. Pay special attention to the changes in volume at night. If the volume continues to shrink, be alert to the second test of the 3000-point integer mark. The operation strategy is mainly to go long on the retracement. Buy on dips below 3025-3030, and pay attention to stop-profit protection above 3070. Maintain a volatile bullish pattern in the short term.
Taking a short position on Gold as it tests the resistance level . Expecting a potential pullback Gold prices have been under pressure due to a strong US dollar and rising interest rates. The recent rally has created a selling opportunity, with the potential for a pullback
SCRIPT: NIFTY CURRENT CONTINIOUS FUTURS Timeframe: Daily Important Support and Resistance Zones: Resistance Zone: 23,170 - 23,240 = 70 points (supply zone) Support Zone: 22,910 - 22,825 = 85 points (Demand Zone) Today's High: 23,232.60 RSI: 59.08 As per past data, we can observe, price has corrected from mentioned supply zone and importantly when RSI has reached 60 mark on daily timeframe. Here, there are several factors joining hands to correct Nifty in coming days. 1) Nifty reaching its supply zone 2) RSI near to mark 60 3) Past 4 days Nifty is rising continuous Takeaway: Yesterday's Close: 22972.95 Today's Close: 23,191.00 Difference: 259.65 Half the Difference: (259.65/2 = 109.025) Subtracting from Today's Close: 23191.00 - 109.025 = 23081.975 Now, If price crosses this level in coming days, we can expect further fall in Nifty. Target Condition: Price must cross 23,081 level in coming couple of days. If so, Target Price: We will see further correction in Nifty till our Support Zone which is at 22,910.00 - 22,825.00 Expected Time: Approximately 7 to 12 Days from today.
? Welcome to TradeCity Pro! Let's delve into the Bitcoin and key crypto indexes analysis. As usual, I want to review the New York session futures triggers for you. ⏳ 1-hour timeframe As you can see in the 1-hour timeframe, Bitcoin broke the 84734 resistance yesterday and the price moved upwards. We had some triggers before breaking this area, which I hope you opened positions with and made some profits. ✅ Currently, the price has reached the 86876 area, got rejected, and has returned to 84734. Given the low volume of the red candles, we can consider this movement a correction and a ranging box might form between 84734 and 86876. ⚡️ For today, the best long trigger is breaking 86876, which the price has already hit once. If it can break this area in subsequent contacts, we can enter a position. ? For short positions, the first trigger is the break of 84734, but it’s a risky trigger and I prefer to wait until the price makes a significant trend change before entering a position. ? BTC.D Analysis Moving on to the Bitcoin dominance analysis, yesterday, as Bitcoin's price increased, dominance broke through 61.49 and moved downward, which helped altcoins move higher. ? However, as dominance reached 61.08, the market momentum completely changed, and dominance returned above 61.49. Now, after the trend line break, with the break of 61.63, we can confirm a fake breakout. https://www.tradingview.com/x/zIF1wxam/ ? For dominance to move downward, the break of 61.49 is still appropriate, and a break of this area can still confirm a downward trend in dominance. ? Total2 Analysis Moving on to the Total2 analysis, yesterday’s trigger at 1.04 was activated, and I moved this area to 1.05 today because the price reacted better to it. ⭐ If you had opened a position with the break of 1.04, you could have made a good profit as the price reached 1.07. ? Currently, the price is ranging between 1.05 and 1.07, and you can open positions if any of these areas break. https://www.tradingview.com/x/x5TcOgVF/ ? USDT.D Analysis Finally, looking at the Tether dominance, the chart is very similar to Total2 but in reverse. ✨ A break of 5.26 confirms an upward trend, and a break of 5.13 confirms a downward trend in dominance. https://www.tradingview.com/x/heRXSyIl/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
The EUR/GBP pair continues to exhibit bearish sentiment, reinforced by the prevailing downtrend. The key intraday resistance level is at 0.8420, marking the current swing high. Bearish Scenario: An oversold rally from current levels, followed by a bearish rejection at 0.8420, would likely target downside support at 0.8353. A break below this level would open the door for further declines toward 0.8335 and 0.8300 in the longer timeframe. Bullish Scenario: Alternatively, a confirmed breakout above the 0.8420 resistance, accompanied by a daily close above this level, would invalidate the bearish outlook. This would pave the way for further rallies, with the next resistance levels at 0.8450 and 0.8490. Conclusion: The prevailing sentiment remains bearish as long as 0.8420 holds as resistance. Traders should watch for rejection at this level to confirm downside momentum. Conversely, a decisive breakout above 0.8420 would signal a potential shift to a bullish bias, targeting higher resistance levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
For several years, the NOK/SEK rate has been moving within a falling wedge formation. Recently, it broke through the lower trend line, and then quickly returned back into the wedge. One of the rules that I use in long-term analysis is: in such cases, there is a very high probability that the rate will break through the second trend line from the opposite side, and this will be a large and fast movement. 1st TP: 1.00; then pullback, 2nd TP: 1.05; 3rd TP: 1.10 Good luck :)
Silver is in a bullish trend and the price showed us some bearish movement by creating a Solid low but that was later rejected by buyers which took over the trend again thus breaking above the Higher high and retracing back to it, meaning price is likely to continue its bullish movement after some liquidity grab on the "Higher high" area