Currently hovering just above the intersection of minor horizontal and uptrend support, with momentum indicators such as RSI (14) and MACD continuing to generate bullish signals, a potential long setup is emerging in silver. Bulls could consider establishing longs above $31.75, with a tight stop beneath this level or the minor uptrend established on January 27. Potential targets include the February 7 high of $32.65 and $33.10. Although the evening star pattern completed last week signalled downside risks, they failed to materialise on Friday despite tricky market conditions triggered by the US payrolls report and escalating trade tensions. Even with higher US bond yields and a stronger dollar, silver remained resilient, reinforcing the merits of the setup being considered. Good luck! DS
Silver Price has hit my target on completing the double bottom pattern formed in 4HTF, Also it formed a minor Ascending wedge pattern on it's way to the resistance which is also a bearish pattern. So I decided to open a Short position at the minor Resistance for rejection and a good dump. But the news spoit the setup, even though it later went to my TP zone, but hitting sl first. Although I had closed most of the position in minor profit.
We are still bullish on the HTF and looks like we want to fill in those inefficiency's from last week and those 2 sets of Relative equal highs! big pool of liquidity around 22111.00
BONK has seen a 75% retracement to the downside since November and is currently holding at support. I would expect a bounce to the upper trend line. A clean break of the trend line would cause a huge move to the upside. Keep an eye at these levels.
Trading Outlook: Bullish Case: If gold holds above $2873, it may continue its uptrend, retesting $2881 and $2888 Bearish Case: A rejection at $2,868–$2874 could trigger a pullback towards $258 and 2844 before resuming again an upward move. Preference : Bearish Trend
SUI had an incredible 2024, skyrocketing +1060% in just 154 days. The price peaked at the psychological $5 mark, where multiple rejections signaled a momentum shift. By the end of January 2025, the trend turned bearish, leading to a sharp correction. Trend Shift & Momentum Analysis I've been working on a new trend identifier indicator that helps spot trends, allowing traders to identify swing trade opportunities and manage their positions effectively. This indicator clearly highlighted the momentum shift, confirming the bearish turn and the sharp price drop that followed. Key Support Zones & Confluences Now that the bearish trend is in play, the focus is on identifying a solid long opportunity: Point of Control (POC) from Previous Trading Range (~$2) – A major psychological level that many traders are watching Trend-Based Fibonacci Extension (1:1) at $2.0373 – Adding confluence to this critical support area Fib Speed Fan (0.75 Level) – Aligns with the $2 region, reinforcing support Anchored VWAP (~$1.885) – From the 2023 lows, acting as an additional support zone What’s Next for SUI? The market is in search of a strong support level where bulls can regain control. Let’s see if we find support at the $3 mark. The $2 zone stands out as a prime area for a potential long entry, given the multiple technical confluences. If price reaches this level, we’ll be watching closely for confirmation of a bullish reversal. Final Thoughts SUI has had an extraordinary run, but corrections are natural in strong trends. The key now is to see where price stabilises and if the bulls can make a strong comeback. Time will tell how this plays out, but for now, $2 is a level to keep an eye on for a potential long setup. BTW: I've just launched a FREE TradingView indicator – Multi Timeframe 8x MA Support & Resistance Zones. It helps visualise key support and resistance levels across different timeframes. Check it out and let me know your thoughts!
Sell after bearish candle stick pattern, buy after bullish candle stick pattern.... Best bullish pattern , engulfing candle or green hammer Best bearish pattern , engulfing candle or red shooting star Stop lost before pattern R/R 1/3 Trade in 5 Min Timeframe, use signal for scalping
CRYPTOCAP:TOTAL3 On the weekly chart, we have a cup and handle completed and the neckline has been crossed . The target of the pattern is 2T. Also, we see the price reached strong resistance at 1.13T and when it touched it it fell again. Now we have a retest of the neckline and in order for the price to reach the target, we must cross the 1.13T area .
A new push it is exactly there with Ethereum weekly chart ma99 and sma100!
I am a swing trader, as you can probably tell from the timeframes I use in my posts. However, I do believe that EURGBP lends itself better to day trades or position trades, if you can stomach the movement. Considering it has made, for me, surprising reverses just when you think it would push further, I offer a couple of scenarios for both a sell and buy possibility. I do see EURGBP selling further but this is a pair you want to be prepared for movement in the opposite direction as well. Game plan, ready! What would be your move?