Here is a risky scalp, should 15m show sell rejection and 3min show BOS, it is some gambling setup spotted.
It's no secret that markets are tough to navigate right now. That is why I have been finding sectors with potential and direction. While this one only has one of those characteristics, it is waiting for volatility expansion, and all signs point to the downside. We don't need to trade everyday but, we should be able to identify stocks and ETFs that have potential and place those on our watch list. That is today's lesson.
This is a good time to sell EURGBP as we recently had an impulse move to the downside from the 15M timeframe . A sell opportunity is envisaged from the current market price.
Trading doesn't need to be unnecessarily complicated. This is my view on ETH for the upcoming months and will revisit this later in May 2025. ETH/BTC RSI on monthly chart is at all time lows at 22 and once this starts going up it won't take a lot of time to reach the target mentioned. My ETH target of 18k corresponds with BTC reaching 150k and ETH/BTC reaching 0.125 NFA & DYOR ?
EUR/NZD is in the bullish scenario, and I am seeing a retracement in it onto the marked zone, and after it will go again in the upword direction
The pair is correcting downwards, and I feel we have good chance to see 1.4300 tested. MACD and SMI both are negative. Strategy SELL @ 1.4410-1.4450 and take profit near 1.4317 for now.
Hey-hey I want to give back to this amazing community! If you need a technical analysis (TA) on almost any asset, here’s all you have to do: ? Like this post & Follow me ? Comment your ticker ? Tell me what you want – Buying zones? Selling zones? I’ll personally send you my TA straight to comments as soon as possible! ? Let’s spot the best setups together – Drop your request below! ? ? Does Technical Analysis Work? ? I picked 75 stocks from the S&P 500 purely based on technicals – and they outperformed the index. Cheers, Vaido
After the news hyped Nas100 I am intending to see a manipulative buy that will run back to sell and stay with the narrative, it has been some time since we analyzed for retracements that are to happen in this market. The long sell is not showing some bullish challenge that might end it anytime this week. That is just what I see. In terms of entry, I am using this week a Heiken-Ashi Strategy that I will share as soon as I am confident to go live with it. Swing trading, I am waiting for the gap to be filled, it was just late for me to enter a buy today.
*Bitcoin (BTCUSD) Trading Signal Analysis & Strategy* *1. Technical Overview:* - *30-Minute Chart:* A potential bullish reversal pattern (e.g., inverse head and shoulders or double bottom) is forming, with price testing the *100-period Moving Average (MA)* resistance. A confirmed break above this MA could signal upward momentum. - *Daily Chart:* *Bullish divergence* observed on the RSI and MFI, where price makes lower lows while indicators trend higher. This suggests weakening bearish pressure and a possible trend reversal. *2. Trade Entry:* - *Trigger:* Enter a *long position* only if BTCUSD *closes decisively above 83,500* (preferably with rising volume to confirm strength). - *Confirmation:* Watch for a sustained break above the 100-MA on the 30-minute chart and alignment with daily divergence. *3. Profit Targets:* - *Target 1: 86,500* (3.6% gain from entry) – Likely a prior resistance level or measured move from the reversal pattern. - *Target 2: 89,500* (7.2% total gain) – Extended upside target, possibly aligning with higher-timeframe resistance or Fibonacci extensions. *4. Risk Management:* - *Stop-Loss (SL):* Place below the recent swing low or 100-MA support, e.g., *82,300–82,500* (1.2–1.4% risk). This ensures a *1:3 risk-reward ratio* for Target 1. - *Position Size:* Risk 1–2% of capital per trade to align with prudent risk management. *5. Key Considerations:* - *Volume:* Confirm breakout with higher-than-average volume to avoid false signals. - *Market Context:* Bitcoin’s broader trend (e.g., bullish macro outlook post-halving) supports the trade, but monitor macroeconomic/news risks (e.g., Fed policy, regulatory shifts). - *Divergence Timing:* Bullish divergences on daily charts often precede multi-day rallies but may require patience. *6. Final Verdict:* This setup offers a technically sound opportunity with favorable risk-reward. Prioritize strict stop-loss discipline and confirmatory volume. Adjust targets if price approaches key liquidity zones or news catalysts emerge. ? *Risk Warning:* Cryptocurrency trading carries high volatility; never risk more than you can afford to lose.
Hi folks today I'm prepared for you Gold analytics. A short while ago, the price was trading near the support zone, which aligned with the support level, before rebounding up to the resistance level. Following this movement, Gold made a correction, quickly reversed, and then repeated the corrective move once again. After that, the price climbed back to the resistance level and entered the resistance zone, where it consolidated for some time before beginning a decline within a triangle pattern. Within this structure, XAU broke below the 2935 level and dropped further to the trend line, also breaking through the 2865 support level. After this move, XAU reversed direction, rebounded from the trend line, and soon reclaimed the 2865 level. The price then nearly reached the resistance line of the triangle before making a correction back to the trend line. It later turned around again, climbed higher, and reached the resistance line. Currently, Gold is trading near this resistance line, and I anticipate a correction toward the trend line before rebounding upward, breaking out of the triangle, and surpassing the resistance level. Given this setup, my target is set at 2950 points. If you like my analytics you may support me with your like/comment ❤️