Break
KOREA IS COMING FOR ORBS : THE NEXT MOON COIN 2023Thank you for reading our update. Please remember that this is not advice for trading.
ORBS Looks to have A massive incoming Korean volume
It appears that ORBS is attracting significant attention from Korean volume with 93%, which could lead to substantial trading volume. This makes ORBS a potentially attractive coin to watch, especially as Korea aims to strengthen its position in the market.
It's important to note that while many altcoins tend to follow the general market trends, ORBS has the potential to defy expectations. If the Korean trading volume continues to rise, ORBS might experience an unexpected surge to $0.08, and potentially even reach $0.22.
BTC Dominance broke structure - 56% nextBTC Dominance retraced to the discount on this daily leg and broke structure to the upside before taking the sell-side-liquidity.
BTC Dominance need to retrace to the premium zone to fill the inefficiency on the weekly / monthly timeframe.
Once we see a lower timeframe confirmation around the 56% level, we can prepare for the altseason. Until then... Brace yourselves.
NZDJPY - Trend-Following Setup ↘️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDJPY has been overall bearish trading inside the falling channel in red, and it is currently approaching around the upper trendline.
Moreover, the zone 87.5 is a strong resistance.
🏹 So the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the blue resistance and upper red trendline.
As per my trading style:
As NZDJPY approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
VEDL-HOURLY/DAILY-AT SUPPORT LEVELSNSE:VEDL
Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level.
Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL.
SL 273-274 , Target would be as per the risk reward.
This is only for educational purpose, please manage your risk accordingly.
🔥 CLV Bullish Triangle Beak Out ComingCLV has been trading inside a bullish triangle pattern for a couple of days now. This trade assumes that CLV will break out of this consolidation pattern and make a move up. Wait for the hourly candle to close above the dotted resistance to confirm the break out pattern.
Target at 0.05, which is a recent local top. Stop under the recent low.
Lina's current statusAfter a correction to the previous accumulation area. Lina's price found support when the price stopped falling in this zone, accumulated briefly, and rallied again after breaking the downtrend line.
Currently, Lina's price has increased by ~50% since the break. There is a very large volume bar, so we can consider this as an important level for an uptrend.
New sales on EURUSDYesterday, EURUSD rose back up to the resistance zone and bounced back.
This allows us to look at new sales opportunities today.
The target remains a test of the 1.0640 bottom.
A scenario breaks down on a breakout of the previous high.
With a better ratio right now is the GBPUSD selling opportunity.
NEW IDEA for AUDNZDwaiting for either a rejection of this level or break through to the down side & retest for continuation to the down side. I see more of a long position for this pair but we never know until price fully confirms through price action. patience is always a virtue. never rush a trade! follow for more updates.
Should break and make double top Gold is in a good position to buy before big drop occurs.
I bet 1986 area can hold and the support is pretty strong ; tug-a-war with sell pressure but I know the bulls can take this and handle it there.. break the pressure and bring the buyers pressure to overcome it and should get exhausted until hit about 2060 or 2080 area for a sell off.
The Feds had confirmed that USA will have a mild recession at the end of 2023 and should expect the big drop before end of 2023 4Th Quarter or before end of 3rd Quarter of 2023.
Trade safe and watch any reversals
US30 61fibUS30 I suspect it breaks support and comes down to 61 fib 31000. from here it should bounce to retest trend line to see if its now resistance.
Gold Breaks Resistance, Tests Support at 1847 for Potential PopGold has recently broken through a key resistance level and is currently being tested as support near the 1847 level. With a potential drop in the USD on the horizon, this setup is looking bullish for gold. If the current support level holds, traders could see a rally back up to 1870 for this precious metal.
XAUUSDHello traders.
Hope you spent a wonderful weekend!
Gold is currently in very significant area.
If you look higher at Weekly timeframe you will notice that this is close to the previous supply zone, a zone of strength.
On the other hand, forecasts and fundamentals indicate that this specific metal will create new All-Time Highs during 2023.
So,as a traders we want to make money and benefit from the market following the moves with correct entries and exit levels.
Personally, I am expecting a sell from the level of 1880 to 1905.
The point is that we never know the precise reversal areas. All we have is educated guesses.
One position in 1903 (approx.) and another - half size in the area of 1880 for short aiming profit targets:
1850 (80% closed position for safe,)1830-1823-1812
Important to mention is that from the downtrend started at 2067 and terminated at 1616, we are between 0.5 & 0.618 Fibonacci levels.
These levels will mean nothing in case something big is going to be released.
Long term speaking, I am waiting to enter gold again in the range between 1803 and 1812 with a targets 1880-1900-1955-1980.
Perhaps the market will not retrace to such levels so I am waiting to see rejections of 1820 area.