stick with stoploss and the targets are achievable consider buying in different levels
Please! NO to MELANIA, unless some news comes out, its a clear dead cat bounce to eat your liquidity! I said if you anticipate a news, then can do things as such to play but its a clear Dead cat bounce. Stances marked.
The EUR/USD pair experienced a strong rebound on Tuesday, rising by 0.8% and breaking a six-day losing streak, although it failed to reclaim the 1.0400 threshold. Despite this recovery, bullish momentum remains fragile as the euro is heavily influenced by broader market flows and the anticipation of upcoming US Non-Farm Payroll (NFP) data. The pair found initial support at the weekly low of 1.0209 on February 3, with a potential decline towards the 2025 bottom of 1.0176 if this support fails. A break below this level could pave the way for a test of the psychological parity threshold. On the upside, resistance is identified at 1.0532, the year’s high recorded on January 27. The pair’s recovery was driven by a weakening US dollar, as the Dollar Index (DXY) fell below the 108.00 support, influenced by market reactions to President Donald Trump’s plans to delay a 25% tariff on Canadian and Mexican goods while maintaining a 10% levy on Chinese imports. Although the US dollar has weakened, the tariff issue is expected to strengthen its position in the long term, potentially supporting a bullish outlook for the currency. Central banks also play a crucial role: the Federal Reserve kept interest rates unchanged last week, signaling a cautious approach amid strong economic growth, persistent inflation, and low unemployment. Meanwhile, the European Central Bank (ECB) cut rates by 25 basis points, hinting at possible further easing while expressing optimism about controlling eurozone inflation. ECB President Christine Lagarde emphasized a data-driven approach, ruling out the possibility of aggressive rate cuts. Trade tensions, particularly those linked to US tariffs, could further complicate the euro’s outlook. Prolonged tariffs could fuel inflation in the United States, prompting the Fed to adopt a more hawkish stance, which could strengthen the dollar and put pressure on the euro, potentially pushing the EUR/USD pair toward parity. Looking ahead, the euro faces challenges from the resilience of the US dollar, divergent monetary policies between the ECB and the Fed, and structural issues within the eurozone, such as Germany’s economic slowdown. While short-term rallies are possible, the overall outlook for the euro remains uncertain, with persistent risks related to geopolitical tensions and tariff policies likely to shape the pair’s trajectory.
we have large area of entry so consider buying in different levels and stick with stoploss
As i have earlier mentioned a lot of times! AI coins would do bangers, but I am not like some to spread FUD but on analysis. GOAT goes below the black line, done its gone but still its time for you to bag all the amount of money you wish to through this. Mark my words and save this. Consider seeing my old analysis as well.
Hi trader's what do you think about usdjpy current price: 153.200 usdjpy retest upside and FVG fill gape and first resistance 154.400 and resistance breakout upside and hold thrn possible market touching supply zone 155.400 support zone 152.900 resistance zone. 154.400 supply : 155.400 please like comment and follow
Dear Traders, Here is our 12H chart analysis and target update: Previous Chart Review: Outcome: ✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted. TP1 2745 - DONE TP2 2786 - DONE TP3 2826 - DONE Market Overview: * ENTRY LEVEL: 2814 * Target TP1 successfully hit already at 2858 * GOLD is trading at an ATH of 2858, oscillating between the weighted level with a gap above 2858 and a gap below the 2814 Entry Level. * FVG are offering strong support in this range. Resistance Levels: 2858, 2903, 2948 Key Support: 2618 Support Levels (blue GOLDTURN Levels are activated): 2813 (Critical Weighted Level) 2770 (Critical Weighted Level) 2710 (Critical Weighted Level) 2664 (Major Support Level) 2618 (Lower Major Demand Zone) EMA5 (Red Line): * Currently below TP1 (2858), indicating sustained bullish momentum. * EMA5’s behavior will be pivotal in determining the next price action trajectory. Recommendations * Focus on EMA5 Behavior for further confirmation Bearish Case: * If EMA5 holds below TP1 (2858) and resistance levels remain intact, bearish momentum may drive prices to retest GOLDTURN weighted levels. * Scenario 1: If EMA5 crosses and locks below Entry 2813, expect further bearish movement toward GOLDTURN 2770. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2770, anticipate another decline toward the major support at GOLDTURN 2710. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2710, anticipate another decline toward the major support at GOLDTURN 2664. * Scenario 2: If EMA5 crosses and locks below GOLDTURN 2664, anticipate another decline toward the major support at GOLDTURN 2618. Bullish Case: Scenario 1: If EMA5 crosses and locks above TP1 (2858), the next bullish target is 2903. Scenario 2: If EMA5 crosses and locks above TP2 (2903), the subsequent bullish target will be 2948. Short-Term: * Possible Reversal at the weighted GOLDTURN levels * Utilize 1H and 4H timeframes to capture pullbacks at GOLDTURN levels. * Target 30–40 pips per trade, focusing on shorter positions in this range-bound market. * Each Level allows 30 -40 pips bounce, buy at dip level for proper risk management Long-Term Outlook: * Maintain a bullish bias, viewing pullbacks as buying opportunities. * Buying dips from key levels ensures better risk management, avoiding the pitfalls of chasing tops. Final Thoughts: Trade with confidence and discipline. Our detailed and accurate analysis equips you to navigate market movements effectively. Stay tuned for daily updates and multi-timeframe insights to stay ahead in the game. Please support us by likes, comments, boosts and following our channel. Best regards, ?? The Quantum Trading Mastery
//@version=5 strategy("EMA Crossover Strategy", overlay=true) // Define EMAs ema20 = ta.ema(close, 20) ema50 = ta.ema(close, 50) // Define crossover conditions buySignal = ta.crossover(ema20, ema50) sellSignal = ta.crossunder(ema20, ema50) // Entry conditions longCondition = buySignal and close > ema20 and close > ema50 shortCondition = sellSignal and close < ema20 and close < ema50 // Stop-Loss & Take-Profit (Fixed 1:2 Risk-Reward) stopLossPips = 30 // Adjust as needed takeProfitPips = 60 longSL = close - stopLossPips * syminfo.mintick longTP = close + takeProfitPips * syminfo.mintick shortSL = close + stopLossPips * syminfo.mintick shortTP = close - takeProfitPips * syminfo.mintick // Execute Trades if longCondition strategy.entry("Buy", strategy.long) strategy.exit("Take Profit", from_entry="Buy", limit=longTP, stop=longSL) if shortCondition strategy.entry("Sell", strategy.short) strategy.exit("Take Profit", from_entry="Sell", limit=shortTP, stop=shortSL) // Plot EMAs plot(ema20, color=color.blue, linewidth=2, title="20 EMA") plot(ema50, color=color.red, linewidth=2, title="50 EMA") // Plot Buy/Sell signals plotshape(series=longCondition, location=location.belowbar, color=color.green, style=shape.labelup, title="BUY") plotshape(series=shortCondition, location=location.abovebar, color=color.red, style=shape.labeldown, title="SELL")
EUR/AUD has pulled back after failing to clear the December highs, bringing it within touching distance of uptrend support. With the 50-day moving average just below, it provides a bullish setup. Longs could be initiated above the uptrend with a stop below the 50DMA for protection. It would be preferable to see the price test and hold the uptrend before initiating the trade. 1.6800 screens as a potential target. Good luck. DS
GOLD (H1) LOOKS BEARISH BUT NOT BIG MOVE Gold create new ATH and it will be retracement move so strict your SL and TPs and enjoy ride. entry point $2856 TP1 $2848 TP2 $2840 SL $2867 LIKE SHARE AND COMMENT FOR MORE IDEAS AND TA