? Pattern Recognition, Market Structure, and Trade Decision ? Key Observations From Your Chart 1️⃣ Recognized Chart Pattern Symmetrical Triangle Breakout (Bullish Breakout Confirmed) Price broke above the triangle resistance, signaling bullish momentum. The breakout candle closed above the key resistance at $2,920, confirming the move. Breakout Confirmation: Strong bullish volume spike supporting the breakout. No immediate rejection wicks → This suggests continuation rather than a fakeout. 2️⃣ Support & Resistance Levels (Institutional Zones) ? Strong Institutional Support Zones (New Demand Areas) $2,910 - $2,912 → Previous resistance, now turned support. $2,902 - $2,906 → Key demand zone (if price retraces). $2,890 → Major institutional accumulation zone. ? Major Institutional Resistance Zones (Profit-Taking Areas) $2,926 - $2,930 → Next key liquidity area. $2,950 → High-probability target if momentum continues. ? Candlestick & Price Action Analysis Strong Bullish Breakout Candle Above Triangle → Indicates Momentum Continuation. No Immediate Wick Rejection at $2,920 → Buyers Are in Control. If Next Candle Holds Above $2,921, Expect Further Upside Toward $2,926 - $2,930. ? Trade Decision – Should You Buy or Sell? ? Best Trade Setup: Buy on Retest of $2,920 ✅ Buy Entry: $2,920 - $2,921 (Breakout Retest Entry) ? Target: TP1: $2,926 TP2: $2,930 TP3: $2,950 ❌ Stop-Loss: Below $2,910 (Invalidates breakout). ? Confirmation Needed: If price holds above $2,921, it confirms a bullish move. ? Alternative Plan: Sell Only If Price Reclaims Below $2,910 ? Sell Entry: If price rejects $2,921 and drops back below $2,910. ? Target: TP1: $2,902 TP2: $2,892 ❌ Stop-Loss: Above $2,926 (Breakout invalidation). ? Confirmation Needed: Only sell if price fails to hold $2,910. ? Final Verdict – Buy or Sell? ? BUY on breakout retest at $2,920 - $2,921. ? If price fails to hold above $2,910, consider selling back to $2,902. ? Bullish momentum is in control—monitor for volume confirmation! ??
if we look at the one week on nvidia we can see a long term put at Level 84.99. Disclaimer- This what i think it will go
OANDA:EURGBP is currently trading at a key resistance zone, where sellers may regain control. The recent bullish momentum has pushed price into this supply zone, suggesting a potential for bearish bounce if price action confirms a rejection. If the price confirms rejection from this zone, a move lower toward 0.83300 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Do you agree with this analysis? Let me know your thoughts in the comments!
Brothers, as I strongly expressed my point of view in the last article, short gold near 2916 and 2923, TP: 2895-2885. Gold just fell below 2895 during the decline, hitting our target area as expected. In this short gold transaction alone, I made more than $20K in profit. If you execute the transaction according to the trading strategy published in my channel, I believe you must have made a satisfactory profit. At present, gold has rebounded again after touching 2894, and is currently trading near 2917. According to the current structure, gold has encountered resistance in the 2930-2940 area many times, and formed a triple top structural resistance in the short-term structure; and before the NFP market on Friday, I think it is difficult for gold to form a unilateral trend market, and it may still be dominated by maintaining a volatile market, so it is not easy for gold to break through the 2930-2940 resistance area in the short term. So in short-term trading, I think gold is below 2930, and we still have the opportunity to short gold again, but the short-term TP setting can move up to the area around 2910-2900.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
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