Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments? A few moments ago, the price declined to support level, after which at once bounced up to resistance area. Then BTC started to decline inside pennant, where it quickly declined from resistance area to support area. After this, price bounced from the pennant's support line, broke the $94200 level, and exited from the pennant pattern. Next, price rose to $102700 points and made a correction move to $90800 points, after which started to grow in wedge. In wedge, BTC rose to $106500 level and even rose higher, reaching a new ATH and then fell back. Now I expect that Bitcoin can correct to support line of wedge and then rise to $112K, breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Hi Traders ! I've placed a sell limit order on the EUR/USD pair at the 1.04784 level, expecting a reversal from this resistance zone within the bullish channel. My stop loss is set at 1.05482 to limit risk in case the price continues to rise, while my take profit is at 1.04087, targeting a pullback towards the bottom of the channel. I trust that the price will respect the market structure and I'm taking advantage of this potential correction to make a profit. Disclaimer: This content is for informational purposes only and should not be considered as financial advice. Trading involves significant risk, and it is important to conduct thorough research and consider your risk tolerance before making any trading decisions. Past performance is not indicative of future results.
Unfortunately, I wasn’t able to buy TRUMP before the hype. I’m waiting for a test at around 26.50 USD to open a medium-term position.
Euro Appreciates as ECB Decision Looms The Euro has climbed to $1.05, its highest level in over a month, supported by a weaker U.S. dollar after President Trump softened his stance on universal tariffs and called for an immediate interest rate cut. EUR/USD Technical Analysis The pair is showing strong bullish momentum, having broken above the pivot level at 1.0470. Despite this, there is a chance of a short-term retest of the pivot level before the price pushes higher toward 1.0530 and 1.0605. For a bearish reversal, the price must break and sustain below 1.0437 with a 4-hour candle close. If this occurs, the next downside targets will be 1.0367 and potentially 1.0288. Trend Outlook Bullish Trend: Above 1.0469
XAUUSD As we announced in our previous commentary, if price stays above the key level of $2748-50 support area, the next target could be $2790 or even record highs. What scenarios do we have? As market breaks the previous low and consolidates above the support area, which gives the buying indication towards 2800 ATH. At moment gold didn't gives any candles which shows that buying are limited, if market moves towrds ATH wait for the rejection and take sell trade on weekly closing. On the other hand, market has to respect the previous support 2763 which didn’t retest yet, although 2770 also consider tough challenge
Price action is dramatic, swing trades are available in both directions. I am cautious to enter too early, too heavy. FOMO is tougher for myself on this one stock.. NASDAQ:RIVN See prior post on this stock for my continual plan
Trade Alert XAU/USD Sell Alert 1. _Entry Point:_ $2,777 2. _Target Price:_ $2,760 3. _Stop Loss:_ $2,785 Trade Details - _Risk:_ $8 ($2,785 - $2,777) - _Reward:_ $17 ($2,777 - $2,760) Monitor the trade closely and adjust as needed.
Potential buying opportunity at around 0.71% fibonacci level.
A quick entry to Finish the move and the day at the same time. Gold Heist !!
GBPCAD is on it's way to reaching the 1.618, we'll see how price reacts to this area but for now, we'll wait and see what price action will do from here on out.