Really enjoying the clear indicators I use in my trades , some with John and the others Simple helping lines and info on my screen to guide when to place smaller or larger order and when to trim .I always trim my profit first .Adding on dips is helpful for one big reason , I trade inventory , to profit on daily base when market permits best price , timing not always great ,but enough to keep staying interested. Using scrips is helpful and one must to learn on your turf.
Dogecoin is going on another run and its just beginning DOGE will be the leading meme coin as many more begin to emerge in this culture Potential for massive increases as we are only at the position in the white circle Very bullish
https://www.tradingview.com/x/vPGjgZM7/ GBPJPY looks bearish after a test of a key daily horizontal resistance. The price formed a tiny double top pattern on that on an hourly, giving us a strong intraday selling signal. We can anticipate a bearish continuation at least to 192.076 now. ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring EURUSD for a selling opportunity around 1.03700 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.03700 support and resistance area. Trade safe, Joe.
This horizontal line has been resistance for a long time but it is now being tested as a support! I think we will see another sharp up move for ENSUSD BULLISH times ahead for this coin Daily timeframe
Trendline breakout and retracement, ABCD formation and abc retracement formation, Bearish flag formation and 61.8 formation
NIFTY is showing signs of an Intraday short covering reversal trade on the 15 min charts. This is a weak reversal and in no way indicating that bulls are in charge. A 100 point move can be anticipated till the level of 23322 price. SL will the today's low.
Gold is trading around $2,676, continuing to respect a clear ascending channel. The price action remains bullish, with higher highs and higher lows defining the structure, suggesting that the upward momentum is intact. In my view, the support zone near $2,662 is critical, as it aligns with the lower boundary of the channel. A strong bounce from this level would reaffirm the bullish outlook, potentially driving the price toward the upper channel limit near $2,720. This would represent a continuation of the current trend and align with the 2.24% projected increase highlighted in the chart. Several factors are supporting gold’s bullish momentum. Concerns over global economic uncertainty and shifts in monetary policy have bolstered demand for the safe-haven asset. Additionally, the weakening dollar and stable bond yields create a favorable environment for gold prices to rise. For now, the market sentiment remains positive, and I believe maintaining long positions within the channel's boundaries could be a strategic approach. As always, close monitoring of key levels is essential to adapt to any unexpected market shifts.
Last week in a video I expressed my concerns that the start-of-year gains were a bit suspect. So it is interest to see that a bearish engulfing day formed around a resistance cluster including a weekly VPOC and trendline from the record high. Prices remain within a small symmetrical triangle on thew daily chart which could really break either way, but with such a strong bullish trend on the weekly, any retracement seems likely to be shallow. I also see gold hitting record highs this year. For now, the leg lower from Friday's high appears to have formed in one way within the triangle, which implies at least one leg lower within it. Bears could seek to fade into moves towards 2700 and target the HVN around 2646 or the lower trendline of the triangle. Matt Simpson, Market Analyst at City Index and Forex.com
©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation). Wave ((ii))-navy may move a little lower. Then wave ((iii))-navy may turn back to move much higher. On the other hand, a break of 126.04 would trigger the ALT alternative scenario, suggesting that wave ((iii))-navy may be ready sooner than expected. Invalidation point: 105.11 Cofirmation point: 126.04