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Bulls Power

XAU/USD Poised for Potential Gains Amid Market UncertaintyFor today, the technical outlook for XAU/USD (gold vs. USD) indicates a possible upward movement, with gold continuing its bullish trend due to various macroeconomic factors. Analysts suggest that if gold remains above key support levels, there could be further gains. Some expect it to test resistance around $2685, while if prices fall below $2668, a short-term decline to $2635 may follow​ This is influenced by ongoing geopolitical risks and market speculation on future Federal Reserve policy, which tends to drive safe-haven assets like gold higher
OANDA:XAUUSDLong
by BELLATRIXFX
XAU/USD (GOLD) bullish rally from 2300 or 2280Gold remains bullish for me, but the recent slowdown in momentum suggests a potential upcoming drop. We are currently in a 6-hour supply zone with multiple reactions already, and we might see another one after a liquidity sweep at 2420. My main focus for gold is to observe a drop to form a new supply zone or witness a reaction from a marked-out demand zone on the 2-hour or 10-hour timeframe. Following this, I'll start looking for buying opportunities again, noting significant liquidity via Asia lows. Confluences for GOLD Buys are as follows: - Price is still in a bullish trend on the higher time frame and continued BOS has been present. - Demand zones have been left that have caused the BOSs as well. like the 2hr and 10hr. - Liquidity to the upside still left as well in the form of Asian highs. - For price to continue in the bullish trend it needs to retrace and form another rally. - Dollar also approaching a very good supply so if expected to drop gold could rise further. P.S. If price breaks any of the key demand points of interest (POIs), I will watch for a Change of Character (CHOCH) to the downside, signaling a continuation of the new downward trend. Have a great trading week!
OANDA:XAUUSDLong
by Hassan_fx
2
BTC Bigger Picture (supplement)I posted a near term BTC idea recently before it broke out - It has hit exactly so far (linked). Here is a mid-term projection that will come into play as BTC reaches upper target of previous projection: Breakout Level was 19783 - Initial Target by mid Feb 2023 = 25k-28k (previous idea aligns with bottom range of this target zone) - Then pullback to test support at 19.7k-21.5k by mid March 2023 - If these hit, Target by end of May 2023 = 28k-33k ( point target 30k ) Bullocks and Yarbles to near-term bears. ~Likely intraday big move to 24k coming tomorrow 1/23/23
GEMINI:BTCUSDLong
by JerryManders
3
EURUSD Bullish bounce Back?EURUSD is a Forex instrument; by looking at the chart, we can say it has taken support from the nice support ZONE. This time BUY setup is Risk:Reward :: 1:3.5. I am asumming it to go higher now. Reason: it has taken support from very nice support zone. Formation of Bullish hammer at the bottom Sopprt, shows nice bullishness. Nice RSI return from oversold zone to bullish zone. Price > 13 EMA. Bullish Divergence. Verdict: Bullish Plan of action: Buy : 1.05844 SL: 1.04608 Target 1: 1.07668 Target 2: 1.09896
Long
by finnova_
6
DXY Influence on BTC Reversal points 🚀📉 Bear Market Overview: A bear market signifies a prolonged period of price decline and prevailing pessimism. Yet, within this challenging landscape, opportunities for change often emerge. 📊 Detecting Structural Shifts: Keep an eye out for structural shifts on the Bitcoin chart, marked by a series of higher highs and higher lows. These shifts signal a change in market sentiment. 🌟 Catalyst for a Bullish Trend: Such structural breaks frequently coincide with increased buying activity, a resurgence of optimism, and a more favorable outlook for Bitcoin. 🔍 The Crucial Retest: Following structural shifts, it's common to observe a retest of previous highs or significant resistance levels. This retest serves as a vital confirmation of the emerging bullish sentiment. A successful retest can indicate the dawn of a new bull market. 🔮 Navigating the Path Ahead: While recognizing these potential signals is valuable, always exercise caution. The dynamics of financial markets are multifaceted, and not every structural shift leads to a sustained bull market. In conclusion, recognizing the conclusion of a bear market and the birth of a potential bull market involves pinpointing structural breaks on the chart and grasping the importance of retesting old highs. This juncture presents intriguing possibilities for investors. Stay vigilant, stay analytical, and remember – the shift from bear to bull signifies transformation and growth on the horizon! 📊🚀 ❗Check out related ideas below❗ Follow + Like this post, and share your insights in the comments; your engagement fuels the creation of valuable content! 💚💚💚
TVC:DXYLong
by Yaroslav_Krasko
USDJPY, Are the Bulls back in control?UJ was on a bearish run from 07/09-07/14. On the Friday before the market closed UJ reached a key daily Supply/Demand level and closed above the zone. In the screen shot above is a projection of where the market will go. To confirm the bullish run, price must close above the daily supply/demand area @138.776. Once the four hour candle is closed above the area, look for the next major 4 hour supply/demand area that price could possibly begin to reject. Once a pullback occurs and closes above either the daily supply/demand zone or 4hr supply/demand zone, take your long entries and hold to your comfort. is this just a temporary bull market run or will the bears strike back?
Long
by NoPumpFakesFx
FINALLY NOW WE CAN SEND IT Honestly, my first idea on BTC was totally on point I will add the link below and the sale was fruitful and reached the target of course. Now with the 3 drives pattern, we might have an extension to another support cos, it is important it touches the trend line before the move upwards. So we gonna wait for that and then see how it reacts after touching the trend line and the support before entering a trade with a stop loss of 23300. The target will be 31k for starters I will update as market moves
BINANCE:BTCUSDLong
by DN_Trades
1
THE BULLS ARE BACK!! 2K PUSHIf we Look left we can see previous price action creating Lower highs and lower lows, but with most recent buyers/bulls entering the market at 1180 which ignited this bull run price is on now. We broke the downward trend that I believe was the retracement from Ethereums ATH. Most recent price broke above a key level @ 1675 (Daily & 4h confluence of this area), Price found new support at this level and failed to break back below this area. With that newly found support I believe that will give price the push it needs to make new Higher Highs and move up past the 1780 area. My overall Target area is 1985-2k. I made a little under 10k on the first push from 1180 to my TP @ 1490.
COINBASE:ETHUSDLong
by FOREVERRICH_FX
DOGE on the way to 1$ run0.0700 zone has the strongest support as ever you see their. The same zone and it looked strong to me and should be bottomed. Don’t miss this buy opportunity just so you y’all know Dogecoin is on a space mission. Also little one at Japan felt sick also has a dog the same symbol as doge. The meme had gone viral and it was incredible. So now back the charts, 0.0700 zone same zone strong support and made a miraculous recovery, during 2023 if you bought doge please hold it .. don’t sell until 1$ has reached; trade smart. As you see the buyers expectation of 0.0700 area has a thick buys bar. If it drops a bit please buy again as a bargain, buy the dip and do your thing. Happy holidays and happy new year! This is your time in 2023 to get rich and get more richer. Patient pays. Road to 1$. First target: 0.1600 2nd target: 0.3500 3rd target: 0.6500 4th ( LONGTERM): $1.25
BINANCE:DOGEUSDLong
by JoyBoyVegae
1