It does seem like that is a bear flag formation and that we are in wave C corrective. There is also a line of stop losses which looks like a plausible reason for the market to run through those stop losses under each low. The market has also failed to break above resistance so far and it would therefore be risky going long now as we are in the middle of a range with no clear sign of wave C having been completed. I therefore think it is best to sit on the sidelines and see if the market moves according to the plan. The trade is 1:33 targeting 53.86. Trading rating 7/10 Chance of success if it moves as shown to entry 6/10 Risk to reward 8/10
Early entry high risk at $118 Stop loss $121 Right breaking trend line short entry at below $114 Stop loss above nearest high at the time Target $110 - $105 - $100 or even filling a half of the upward gap after ER. Disclaimer
Despite the strong weakness, NIFTY managed to strong and closed almost in green showing the strength of demand zone! This could be another opportunity to add for portfolio so plan your trades accordingly.
The euro surged to session highs after former U.S. President Donald Trump announced a 90-minute call with Russian President Vladimir Putin, during which they agreed to visit each other and initiate negotiations to end the war in Ukraine. Trump stated that peace talks would begin “immediately.” Technically, the euro rebounded from downtrend support, keeping attention on a potential breakout at the January range of 1.02–1.05. Bears potentially remain vulnerable as long as the pair holds above the 1.02 level. Shortly after his conversation with Putin, Trump spoke with Ukrainian President Volodymyr Zelensky. Zelensky later confirmed the discussion, describing it as “meaningful” and mentioning plans for a new agreement on security, economic cooperation, and resource partnerships.
Tonecoin is its own valid support floor, and it can touch the specified targets by building the floor. On the other hand, RSI is an oversold area and there are no sellers
Btcusd strong bulish zone Full mode up btcusd no more fall i think all time high so anyway guys
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. Price filled the imbalance and rejected from trendline, as well formed hidden divergence for sell. On H1 we have regular divergence and if price breaks the structure, I will open a short. https://www.tradingview.com/x/0fSu4MOQ/ Like, comment and subscribe to be in touch with my content!
This is a short-term chart but I don't care. It is very clear that MEUSDT (Magic Eden) broke out of a major downtrend. This downtrend was active since last December 2024. Good afternoon living Spirit, how are you feeling now? Notice the blue lines on the chart, a falling wedge pattern. The upper line defines the downtrend and it has been broken. There is high volume when this trendline breaks. This puts us into bullish territory. So we don't care if the chart is young if the chart is saying that prices can grow. What's your take? I can sense some positive energies coming from this thing so its team must be planning something big. Will it grow? That's what I think. The break of the downtrend also produced a classic bottom pattern. This is drawn here as a yellow cup. The cup and orange line; it breaks below just to move back above. That's all I have because this is a young chart but the market is one and it is all the same. If we are bullish on Bitcoin, on EOS, on Polygon and the other Altcoins, Trump, we are bullish on Magic Eden and the rest of the market as well. Some will move now, others will move very late. The bull-market will develop all throughout 2025. How to pick the ones that will move first? Follow me. I will be sharing with you the best charts, the best Altcoins and the best pairs. Patience is key though, the market adapts live to everything we do, so a pair that is about to move can be easily delayed. Instead of focusing on the short-term, think of the bigger picture; focus on the long-term. For how long am I willing to wait to produce a successful trade? Do I prefer to lose $1,000 fast, or is it better to earn $10,000 slow? What are your targets? What are your goals? You can decide to turn $10,000 into $50,000. This can help you develop a strategy with a clear goal in mind. If you enter a pair and immediately you are wondering what is going to happen and anxiety takes over you, something is wrong. Like this, it can never work. If you enter a pair and you can disconnect and take care of anything in your life that needs to be taken care of, this can work. This way can produce positive results. If you are anxious after buying, it means you need more information, more education, you need to practice more before taking action. If you are good. Go ahead. You will be blessed with all the good things in life and all that you truly deserve. The market is here for us. The market is here to stay. Cryptocurrency is the future of money. There is no going back now. You are in the right place at the right time. You are making great choices and for these choices you are making you will be paid. The market will not end after 2025 nor in 2026 nor ever for as long as we live. This is a long-term development and it is a new market which means that the best is not yet seen. Opportunities are endless. Feel free to follow me if you enjoy the content. We are here to win and succeed. Namaste.
as title says. give it some time then go in. best of luck
Hi all! Today I took a trade on eur/usd using a break and retest strategy that worked out in my favour with a 1:2 risk reward. Hope you enjoy.