Hey guys, If we look at BTC structure we could believe with me that BTCUSDT is setting up for a massive breakout with a classic flag-and-pole formation in play! After a 27% explosive rally from the external demand zone, price faced rejection at the external supply area, forming a perfect bull flag, a potential textbook sign of bullish continuation. The recent corrective phase has been smart money accumulation, with liquidity grabs shaking out weak hands before the next big move! The immediate demand zone has held strong, and that fakedown? Pure liquidity engineering! With a breakout from the descending channel, bulls are regaining control, setting up for a surge toward $108,089 first, before aiming for the flag-and-pole target at $120,843! If BTC flips the external supply zone into support, we could see new highs unlocked! Is this the moment before liftoff? What’s your take—are you bullish or still waiting for confirmation? Drop your thoughts below!
https://www.tradingview.com/x/GawUmvPr/ HI,Traders ! GOLD broke both the Rising and horizontal Support line which are Now resistance areas And the breakout is Confirmed so we are Bearish biased and we Will be expecting a Further bearish move down ! Comment and subscribe to help us grow !
Big symmetrical triangle on this Monthly timeframe Im just waiting for the break out Lets go Again this is a symmetrical triangle (monthly)
W on a i.c.i. = SYMBIOSE pattern I see some potential up side I will prob. not hold until my final TP we will see 4.5rr final 1% risk
Bitcoin cant break to back to trendline this is signal Bitcoin can go lower in around 91k and if 90k break we will see 76-80k
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 28/61.80% Chart time frame: B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day. https://app.outlier.ai/expert/opportunities?utm_source=referral&referring_user=7a7778746050481eed7dc054e1b75573c3f08610891e5c6b64940c206b35694fad7aa0e926656c0f20ab87da3f30f8aa
Team, Yesterday we were successfully hit both target I am waiting for AUS200 to hit 8512-20 will short, I will double the short at 8542-56 DOUBLE short at 8542-56 - target at 8515-08 Target 1 at 8486-72 Target 2 at 8463-48
Tuesday’s session saw BankNifty opening negative, making a high of 49,949.75 before experiencing a sharp decline to 49,177.40, entering the 125m Demand Zone (48,906.05 - 49,373.45). It closed at 49,403.40, losing 577 points from the previous close. The Weekly Trend (50 SMA) remains Negative, while the Daily Trend (50 SMA) stays sideways, indicating ongoing market uncertainty. Demand/Support Zones Near Demand/Support Zone (125m): 48,906.05 - 49,373.45 (Tested) Far Demand/Support Zone (15m): 48,511.70 - 48,627.95 Far Demand/Support Zone (125m): 47,981.35 - 48,319.20 Far Support Level: 46,077.85 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 49,949.75 - 50,049.10 Near Supply/Resistance Zone (30m): 50,146.10 - 50,248.35 Far Supply/Resistance Zone (15m): 50,308.70 - 50,462.35 Far Supply/Resistance Zone (Weekly): 50,485.05 - 51,979.75 (Tested) Far Supply/Resistance Zone (75m): 50,904.35 - 51,088.90 (Inside the Weekly Supply Zone) Outlook BankNifty’s close near 49,400 within the tested demand zone suggests that buyers are attempting to hold this level. A break below 48,900 could invite further downside towards 48,500 - 48,300. On the upside, 49,950 - 50,050 remains the immediate resistance, with a breakout above 50,250 needed for bullish momentum.
Based of previous posts on Pepe Elliot Wave - These my levels for ETH / USDT Elliot Wave Knowledge base: ChartChampions - None other than Daniel and his Team to learn from! Book wise atm: JARROD SANDERS - Elliott Wave FIBONACCI HIGH PROBABILITY TRADING Oh and definitely think that this was an extended Wave 3! I got suckered thinking I knew the levels without waiting and being patient before taking a trade! Patience and risk management for me is half the story! I know my levels but I'm a losing trader because I don't have patience.
Correction into the 4h swing low should reject and target previous day low. From there it should reject and target previous day high during CPI