Peace and Blessings RGTI is consolidating under a key level, and consolidating in an ascending triangle. There is a possibility of a bullish breakout with the 50 EMA crossing over the 200 EMA. For this hypothetical event to happen we need a positive price break out and price making a higher highs and lower lows above the key level. Watch out for a bearish breakout and fakeouts and possible more consolidation .
We'll see what the inauguration brings for BTC on the 20th. I have fib zones and in between I have sales for the way up and a few gamble sales around 140k. I think we hit a peak @125k, before some good retracements.
Yesterday's idea of a short-term up move did not happen, and indicators re turning south again. Overall the pair is overbought, and feel we will see a move back towards 0.8350. Strategy SELL @ 0.8418-0.8440 and take profit near 0.8350.
You're looking at the gold price chart (XAUUSD). To confirm, you're planning to: 1. Sell gold (short position) at 2716 (entry point) 2. Set a target price of 2700 (take profit) 3. Set a stop-loss at 2724 (to limit potential losses if the price moves against you) Is that correct? Also, are you using a specific time frame or technical analysis indicators to support this trade decision?
? Attention traders! ? XAUUSD is on fire, setting new highs with precision! ⚡ Check this out: XAUUSD Insight: ? Locked in a fierce contest between 2709 and 2716. ? Is a breakout near? ? Downside Watch: ? Stay cautious for potential drops if it dips below this range! ? Targets: 2701, 2698. ? Upside Watch: ? Look for buying signals if it rises above! ? Target 2723. ? Engage with Us: ? Share your thoughts as we navigate this exciting market! ? Let’s achieve greatness together! ?✨
I go over order flow, levels, and how to find good entries by quickly locating bullish squeezes using one free indicator in Trading View by simply eyeballing charts.
? ? Fri Jan 17 ⏰ 8:30am ? Building Permits: 1.46M (prev: 1.49M) ? Market Insights: ? GAP ABOVE HPZ: On a gap up, we will get pinned down by the weekly zone before dropping lower. ? OPEN WITHIN EEZ: People finally decided to be bullish after seeing yesterday's price action. Let’s bet against them first, then close it around 5925. ? GAP BELOW HCZ: We will likely get a small bounce and hold. #trading #stock #stockmarket #today #daytrading #swingtrading #charting #investing
https://www.tradingview.com/x/j7C8Z4r4/ First id like to give credit to the indicators you see before you, Market Cipher and LuxAlgo. The bottom indicator is the free MACD. Tracking COMEX:GC1! since the start of the year we have had a positive past 2 weeks and snapped out of the downtrend from last month. Keeping it simple I like to throw a Volume weighted Average Price (VWAP) to start the year. The VWAP provides a more accurate representation of a security's average price over a trading session by factoring in both price and volume. This helps traders understand the true market sentiment. Moving Down I want to only touch upon the green transparent money flow which helps determine if the flow of volume is either coming or going aiding in my analysis. Metaphorically, its like the relationship between water and life. More water, more growth. Green is positive red is negative. Finally, The MAC D I just love to throw in for additional confluence and reassurance. Times likes these when I find beautiful connections between different indicators which otherwise have no connection. Viewing the vertical dotted line, just admire the relationships. P.S. No positions currently, just looking for some more possible interaction with the VWAP in the future or for the MAC D to cool off like the other vertical lines. Looking for patterns keep me patient . This is a lesson that took me a long time to learn, and to unlearn any bad habits I formed. Tradingview does a phenomenal job at supplying so many original ideas old and new of indicators you can fit together like Lego pieces. Many more ways to spin the chart, endless ways to express your ideas. So don't be afraid you share you're ideas with the community, the more the merrier.
This chart displays the price action of what's labeled as "TOTAL3," which represents the combined market capitalization of all cryptocurrencies excluding Bitcoin and Ethereum. Essentially, it tracks the overall value of the altcoin market. The chart depicts the price action of the "Crypto Total Market Cap Excluding BTC and ETH" (referred to as TOTAL3 in the label) over a period from October 2024 to April 2025. We can see a clear uptrend followed by a period of consolidation, and then a breakout from that consolidation pattern. Key Observations Initial Uptrend: The chart shows a strong, steep uptrend that begins around November 18, 2024. This indicates a period of significant buying pressure and increasing valuation for altcoins (crypto excluding BTC and ETH). Consolidation: Around early December 2024, the upward momentum slows, and the price enters a consolidation phase. This is characterized by a rangebound pattern that appears to be forming a descending triangle. The white trendlines clearly define this descending triangle pattern, with a descending resistance line and a horizontal support line. This pattern is typically considered bearish. Bullish Breakout: Around mid-January 2025, the price breaks above the descending resistance line of the triangle. This is a bullish breakout, indicating that buying pressure has overcome the previous selling pressure. The price rises above the upper trend line and confirms the breakout. Timeframe: The chart is using a daily (1D) timeframe, which is suitable for mid- to long-term analysis. Interpretation and Potential Implications Bullish Signal: The breakout from the descending triangle suggests a continuation of the initial uptrend and is considered a bullish signal. It implies that the market may be entering another phase of price appreciation for altcoins (excluding BTC and ETH). Confirmation Needed: While the breakout looks valid, it would be beneficial to monitor volume activity to confirm the strength of the breakout. Possible targets: The length of the base of the descending triangle could be added to the breakout point for a possible target, assuming it continues upwards. Risk Management: As always, with any price pattern, a successful breakout is never guaranteed. Traders may consider setting a stop-loss below the breakout line as part of their risk management strategy.
Successful trading requires meticulous planning and strong risk management. For instance, in the case of USD/JPY, the sell entry is set at 155.30, with three take-profit levels at 154.50, 154.00, and 153.50. These targets indicate key points where traders might secure profits as the market moves downward. To safeguard against excessive losses, a stop-loss point is defined at 156.50. This automated mechanism helps limit losses by closing the trade if the market moves in an unfavorable direction. Setting a stop-loss is a fundamental aspect of managing risk in volatile markets. One of the golden rules of trading is to never risk more than you can afford to lose. Implementing tools like stop-loss orders and spreading investments across multiple assets can reduce exposure to risk and safeguard capital. Trading success also hinges on the ability to learn and adapt. Markets are dynamic, and continuous education about trends, economic developments, and technical indicators is essential for refining strategies and staying ahead. Patience and discipline are critical traits for traders. By adhering to a well-defined trading plan, setting achievable goals, and avoiding emotional decision-making, traders can improve their chances of success. Each trade, whether profitable or not, provides valuable insights for growth and improvement. Through consistent learning, disciplined execution, and robust risk management, traders can navigate the complexities of financial markets, striving for long-term success while minimizing risks.