BN has been Sideways since July-2024. NO TREND REMAINS SAME!! If the current Month Close below Mother Candle low, then we can go bearish.. i.e. Sell on raise. Disclaimer: Please do your own Analysis.
Hello, good afternoon We are trying to have daily analyses again. First, XRP is popular these days. I have identified two movement paths that I think are more bullish. Let's not forget that the dominance of altcoins has taken a downward trend on its left. SecondChanceCrypto ⏰ 7/Jan /25 ⛔️DYOR Always do your research. If you have any questions, you can write them in the comments below and I will answer them. And please don't forget to support this idea with your likes and comments.
Key Level Zone : 0.026400 - 0.026600 HMT v4.1 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity. HMT (High Momentum Trending): HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards. Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved. Important Note : Role of Key Levels: - These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns. - Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa). My Trading Rules Risk Management - Maximum risk per trade: 2.5%. - Leverage: 5x. Exit Strategy Profit-Taking: - Sell at least 70% on the 3rd wave up (LTF Wave 5). - Typically, sell 50% during a high-volume spike. - Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio. - If the market shows signs of losing momentum or divergence, ill will exit at breakeven. The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement. If you find this signal/analysis meaningful, kindly like and share it. Thank you for your support~ Sharing this with love! HMT v2.0: - Major update to the Momentum indicator - Reduced false signals from inaccurate momentum detection - New screener with improved accuracy and fewer signals HMT v3.0: - Added liquidity factor to enhance trend continuation - Improved potential for momentum-based plays - Increased winning probability by reducing entries during peaks HMT v3.1: - Enhanced entry confirmation for improved reward-to-risk ratios HMT v4.0: - Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling HMT v4.1: - Enhanced take-profit (TP) target by incorporating market structure analysis
GOLD is in an ascending channel between the trend lines. The price is moving from the lower boundary of the channel and dynamic support and is now testing the resistance level. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Hallo everyone, in the last weeks Ethereum was underperforming Bitcoin, but actually the chart looks quiet interesting again. The price broke out of a huge bull flag, but with the large correction in Bitcoin it fell under the breakout level again. Now it's approaching the breakout for the second attempt. The most important levels to watch is the 2021 yearly close at 3677 . Should we see a sustained move above, which aligns with the bull flag retest, ETH is set to reach new all time high prices within the new two month. Looking at the seasonality of cryptocurrencies the first quarter of the year is a good moment to be bullish.
https://www.tradingview.com/x/fdqbq9OI/ Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 108.155. The above observations make me that the market will inevitably achieve 107.189 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Hello dear traders and trading view usera I have prepared setup for silver and I want your reviews about it in comment section. My setup is what is written below read and then share your thoughts about it. This is a 1-hour price chart for XAG/USD Silver Trend Line Break : A red ascending trendline is drawn, and the yellow highlight indicates a breakout above this trendline. Target After Breakout : Following the breakout, the price target is suggested below at approximately $30.00, indicating a potential retracement or price movement downward. This chart I have made suggests that a breakout has occurred, which you might interpret as a signal for a change in trend. Kindly support me.
https://www.tradingview.com/x/MVl6bdBK/ Please, check our technical outlook for USOIL. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 74.10. Taking into consideration the structure & trend analysis, I believe that the market will reach 72.60 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
- AMZN is trading within a well-defined ascending channel, respecting both upper and lower trendlines. - A recent breakout from a triangle consolidation pattern suggests potential continuation of the uptrend. - The price is currently testing the breakout level while staying above key moving averages, reinforcing bullish sentiment. - Moving averages (e.g., 50 EMA, 100 EMA, 200 EMA) are in an upward slope, acting as dynamic support.
The NZD/USD pair has experienced a decline of over 12% in recent weeks, showing no significant pullbacks on the daily chart. Currently, the price has reached an important support zone on the daily timeframe (D1), marked as a crucial decision point for the market. This notable depreciation of the New Zealand dollar is primarily due to the substantial rise of the US dollar, which gained momentum following Donald Trump's election. His commitments to bolster the US economy have fueled optimism in the American market, putting pressure on other currencies. Potential Buying Opportunity The current candle suggests characteristics that could indicate the start of a buying movement. If the daily close exceeds the 0.5664 level (indicated by the black line), it may form a bullish engulfing pattern on the daily chart, signaling a strong reversal after the recent steep decline. If this pattern is validated, the price might target the 0.5860 area initially, representing a potential movement of around 196 pips. This level coincides with the 38.6% Fibonacci retracement, which may act as temporary resistance. A prudent risk management strategy could involve placing a stop loss just below the recent low on the daily chart, around 0.5564 (approximately 100 pips), to safeguard against potential false reversals. Alternative Scenario Should the price fail to maintain its recovery and drop below the recent low (0.5585), the pair could continue its downward trend, potentially testing new lower support levels, including 0.5500 and 0.5400. This would suggest the continuation of the prevailing downtrend. Macroeconomic Considerations Investors should keep a close eye on this week's macroeconomic reports, such as the NonFarm Payroll (NFP) and the US unemployment rate, which could introduce greater volatility into the market and directly impact the NZD/USD pair's performance. These events may be pivotal in confirming or refuting the outlined scenarios. By tracking both technical and fundamental developments, strategies can be adjusted with greater precision throughout the week. Disclaimer 74.2% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.