Team, yesterday another target hit for our trade on UK100 short position. Today we set limit order short at 8722-32 Target 1 at 8705-8696 Target 2 at 8782-73 PLEASE NOTE: We will DOUBLE the short at 8764-80 target for this at 8734-28
I published my idea on BINANCE:BTCUSDT how it is forming Double Top pattern and indicators are making divergences in late January. Since BTC hit our first take profit point we might expect little bit of pullbacks and see if it is gonna react to 91k area, but Volume is not looking good that means we might see red candles all the way to 75k area. 75k area was major resistance zone which would work as support this time.
WHAT a RUG! Its not less than a rug! But play like the whales! Added 4hour chart where Ive marked a bottom green box where you can actually do buy it, till two stops, red and oranges!!
We have 7 days of straight beating, assault, slaughter and murder. Do I think this thing reverses 10 fold? No but do I expect a bounce into the mid 220’s? Yes. RSI is relatively low (sold) for its name, it fundamentally smashed earnings and the candle here that closed on the daily is known as a spinning stop with a green closure. Expect a volatile move soon - tomorrow or and into Friday. NASDAQ:MSTR held up well today. This is always a craps shoot, no matter the trade, no matter the look of the chart and all the indicators we use. It just creates an edge. Good luck. I’m going to look at calls here for a bounce. Wall Street Loser.
Here is the 4hr chart with the Rainbow-Railroad employed...Make sure as always to use the Log "L" function in the bottom right to see hidden levels.. 10 min close up of earnings with Log: https://www.tradingview.com/x/NufqYrmj/ 10 min close up of earnings without Log: https://www.tradingview.com/x/RF0nBZnp/ 10 min panned view of recent price action with Log: https://www.tradingview.com/x/t19UlNtP/ 10 min panned view of recent price action without Log: https://www.tradingview.com/x/lDUyGTlQ/
Well 80k looks good but now if it dances through, it goes like ballerina to fall and direct fall is the purple ones!
My option about gold Is more bearish so that zone is good and strong restanice if the price comes to that zone it can pullback
Quick easy overview of what I look at during the day for my entries and exits. Im pretty busy during the day so I try to make my charting as easy and clean as my eyes can see. Hope this helps anyone and Im open to anything else I can use as for more confirmations. Thanks!
? Market Overview: Trend: Bearish Key Levels: Resistance: $0.21, $0.22 Support: $0.20, $0.18 Indicators: MACD: Weak bullish momentum, but still indecisive RSI: 51.6, neutral zone, no strong signal EMA 200: Strong resistance at $0.22 Liquidity & Volume: Decreasing volume, market lacks strong momentum Possible accumulation phase before a major move ? Scalping Strategy: ? 1. Momentum Scalping (Short Bias) Entry: Short at $0.21-$0.212 Target: $0.20 (-4.7%), $0.18 (-14.2%) Stop-loss: Above $0.215 Expected Profit: 4.7%-14.2% ? 2. Range Scalping Buy Zone: $0.20-$0.195 Target: $0.21 (+5.1%) Stop-loss: Below $0.19 Expected Profit: 5.1% ? 3. Breakout Scalping Entry: If DOGE breaks below $0.195 Target: $0.18 (-7.7%) Stop-loss: Above $0.20 Expected Profit: 7.7% ? Mid-Term Trend Forecast (1-3 Weeks): If DOGE fails to reclaim $0.21, further decline to $0.18 is likely If DOGE breaks above $0.21, expect a retest of $0.22 Only a breakout above $0.22 will flip the trend bullish ? News & Market Context: DOGE recently broke below key support, indicating weakness Lack of strong buying pressure Market sentiment remains indecisive ? Decision & Risk Rating (1-10): ? Short-term (Scalping): Short bias, 7/10 (Profitable but needs confirmation) ? Mid-term (Swing): Bearish, 6/10 (Still weak, potential downside) ? Best Play: Short near $0.21 with a target of $0.20-$0.18 ? Final Verdict: Dogecoin remains weak, with no strong momentum. Short setups are preferable. If $0.21 holds as resistance, expect further downside. ? FinCaesar's Statement: "A trader without discipline is a gambler without luck."
Hello traders! Let’s analyze gold’s price movement and build a strategy for today. OANDA:XAUUSD is experiencing a slight pullback, currently trading at $2,910 in the early trading hours. The precious metal remains stable within a descending parallel channel on the 1-hour chart, indicating short-term bearish momentum. This correction aligns with declines in stocks and Bitcoin, reflecting broader risk-off sentiment in the market. However, unlike other assets, gold has found support at lower levels, suggesting that buyers are stepping in to stabilize the market. While gold is retracing, it remains relatively stable compared to other assets. If buyers continue defending key levels (trendline boundaries), we could see a short-term recovery attempt. Additionally, investors are awaiting the release of the U.S. Personal Consumption Expenditures (PCE) report, the Fed’s preferred inflation gauge, which is set to be published on Friday. This data could have a significant impact on gold’s direction.