WTI Oil (USOIL) almost tested on yesterday's pull-back the 4H MA200 (orange trend-line), following Monday's rebound on the former Lower Highs trend-line. This technical shift from a Resistance level turning Support, signifies the emergence of a new Channel Up pattern, which needs to hold the 4H MA200 in order to materialize the new Bullish Leg to a new Higher High. The pattern's first Higher High was priced on the 71.45 Resistance (1) and if the current Higher Low holds at the bottom of the Channel Up, we expect an equally powerful Bullish Leg for the next Higher High. However the 1D MA100 (red trend-line) needs to break as it currently poses the strongest Resistance, having rejected the uptrend not just on the Resistance 1 test (December 13) but also yesterday (December 26). As a result, if this level breaks, we expect the trend to hit at least Resistance 2 with our Target being $72.80. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
https://www.tradingview.com/x/MvdxsQtQ/ TradingView is so awesome that they let you change any piece of the chart . You can use this chart template for visual clarity. FYI, all my chart templates, are for visual clarity trading purposes, you can choose anyone that looks good for your eyes. So in this chapter in the series #12 lets see what we have here. 1 - The trendline is still alive. 2 - On the correction, you can see that there is a high volume on the upside. So it means that the puppet master is buying. 3 - You could see that there are 3 down candles, on increasing volume, but their spread is smaller and smaller. So it means that the puppet master also buying on the downside, also, stops where hit there strongly, and many people stopped out directly into the hands of the puppet master, classic puppet master move. 4 - The biggest volume is on the up side ! since this is the last (recent) piece of information, this is what counts! so currently, the chart is LONG biased. 5 - Crack pattern AWARENESS- if the price will test the low, it will be the crack pattern and then the price can go down up until $105 again. It will also be a break of trendline so it makes sense that there will be a fast SHORT move. But if the price goes to test $135 and then makes $140 push, it will be a failure of the crack pattern, which increases even more dramatically the LONG bias. WHY? Because if it is short... the crack pattern should materialize... since it can't materialize... it means it is not short, so it is LONG. #### I already showed the same exact logic, in AMD, failed crack pattern (in the past posts). #### 2 & 3 & 4 Examplify beautifully my concept of FORCE of the puppet master.
Here on Nas100 price has for a bullish pennant pattern and now try to go up so if 21868.7 break price is likely to move up more and trader should go for long with expect profit target of 22143.4 and 22463.9 . Use money money management
BINANCE:ETHUSD / 1D Hello Traders, welcome back to another market breakdown. BINANCE:ETHUSD is showing strong bullish momentum after the BINANCE:BTCUSD breakout above 69K. However, the price of ETH is still in a trading range. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the middle of the range zone for a more strategic entry. If the pullback holds and buying confirms, the next leg higher could target: First Resistance: Immediate levels formed during prior consolidation. Second resistance: All-time high around 5000. Stay disciplined, wait for the market to come to you, and trade with confidence! Trade safely, Trader Leo.
BINANCE:SOLUSDT SOL is gonna craft an Inverse cup and handle pattern which is gonna Decrease the price. the break out has not happened yet! we can't be sure about the bearish movement yet cause no break out has happened! Support zones are shown on the chart. the strongest support zone is the ultimate comeback point for SOL if things go south. ? Follow me for daily updates, ? Comment and like to share your thoughts, ? And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! ?✨
1-Technical Overview: BNB is in a strong long-term uptrend, trading within a rising channel. Right now, it’s sitting at $704, with recent momentum pushing the price higher by about 7.77%. Support Levels: $460–$500, which aligns with the bottom of the channel and previous consolidation zones. Resistance Levels: The top of the channel, potentially between $2,600 and $4,000 in the long term. The price might see a pullback toward the lower part of the channel before heading higher. If it breaks out above the channel, we could see a significant rally. 2-Fundamental Perspective BNB is much more than just another cryptocurrency, it powers the entire Binance ecosystem. Here are the key drivers: Utility: BNB is used for trading fee discounts, staking, and powering applications on the Binance Smart Chain (BSC). As DeFi and NFTs on BSC grow, so does demand for BNB. Burning Mechanism: Binance regularly burns a portion of BNB supply, making the token deflationary. With fewer tokens in circulation and growing demand, this could push the price higher over time. Binance's Strength: Being tied to the world’s largest crypto exchange gives BNB a competitive edge. Its utility and adoption grow as Binance expands its services globally. Market Sentiment: Crypto markets are recovering, and Bitcoin’s recent rally is lifting altcoins like BNB. However, regulatory news and macroeconomic conditions could bring volatility.
Last year saw the birth of our Telegram group, and it has gone strength to strength. Here is our USDCAD buy. Our favourite TP For the short term is TP2. But on the wider scale it will go to TP4. Our Swing trading strategy is designed not only for full time professional traders, but also for part time traders who have jobs, families, and other things to do with their time. We hope that you had a lovely Christmas holiday and are embracing 2025. Rule 1: Never give up!!!! Best wishes Sarah
BINANCE:ADAUSDT Cardano (ADA) Poised for Breakout: Key Levels and Indicators to Watch Analysis: Price Action Strategy: Support and Resistance Levels: The chart shows key support at approximately 0.85177 (1.618 Fibonacci level) and resistance at 0.90723 (0.5 Fibonacci level). Trend Analysis: The price is currently in a consolidation phase after a downtrend, with potential for a breakout above the 0.90723 resistance level. Volume Analysis: There is a noticeable increase in volume, indicating potential buying interest. Smart Money Concepts (SMC): Break of Structure (BOS): A BOS is identified at the 0.90723 level, suggesting a potential shift in market structure. Change of Character (CHOCH): A CHOCH is observed, indicating a possible reversal from the previous downtrend. Fair Value Gap (FVG): An FVG is present around the 0.90723 level, which could act as a magnet for price. ICT Strategy: Order Blocks: Multiple order blocks are identified, with a significant one around the 0.85177 level, indicating strong institutional interest. Equal Highs: The chart shows equal highs around the 0.90723 level, suggesting liquidity above this level. Strong Low: A strong low is identified, providing a potential support level for a bullish move. Indicators: RSI: The RSI is currently at 65.50, indicating bullish momentum but approaching overbought territory. MACD: The MACD shows a bullish crossover, supporting the potential for upward movement. Buy Signal: entry: 0.906 tp1: 0.950 tp2: 1.000 sl: 0.875 Follow @Alexgoldhunter for more strategic ideas and minds
By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further declines. This analysis will be updated.z Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
**Explanation:** This trading system helps you avoid blind trades by providing confirmation for better entries and exits. It considers volume, past prices, price range. **Entry/Exit Points:** - **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan. - **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above. - **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below. **Timeframe:** Use a 15 timeframe for trading. **Risk Disclaimer:** This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.