Oil Poised for Further Decline in December 2024Oil Poised for Further Decline in December 2024
On December 13, 2024, oil reached a new peak for the month, but since then, it has been on a downward trend.
Given the ongoing geopolitical instability, oil prices are experiencing a bearish wave with many fluctuations.
While trading in this manner is riskier, oil continues to make lower lows, suggesting a potential decline to the 70-71 range soon.
You can find more details in the chart!
Thank you!
Chart Patterns
Hellena | SPX500 (4H): Short to support area 5718 (Wave C).Dear colleagues, I believe that the downward movement will continue within the correction (A B C). I expect wave “C” to start moving very soon.
I think that the nearest target is the area of 5718 level, because there is a strong support area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
MOASS: WC: 29.82 Target: 1800-2400 MOASS: 47k-100KTLDR:
Santa Baby!
Price is going to rally starting next week
Wave 5 of a larger degree wave 1 will complete by year end/1st week in Jan
Retracement will be last chance to get price at these levels
Price is fractal and is rhyming in structure
Happy Holidays!
ONE Analysis - What Shall we Expect !!!As you can see, ONE has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD).
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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BTC/USDT "Bitcoin Tether" Crypto Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the BTC/USDT "Bitcoin Tether" Crypto market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
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however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest high level.
Goal 🎯: 86,500 (or) Escape before the goal
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Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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BTCUSD ANAYLSIS ( MUST READ CAPTION )Hello Trader's
check out my anaylsis on btcusd and also share your idea on this in comment section and don't forget to follow and boost
Key Points from the Chart:
Timeframe: 1-hour chart (1h)
Current Price: Approximately $94,000
Resistance Zone: Around $102,000
Target Area: $99,000
Entry Point: $94,000
Stop Loss: $91,600
Resistance Zone: Between roughly $102,000 and $104,000. This is an area where the price has previously struggled to break through.
Target Area: Around $99,000. This is the analyst's predicted price target.
Stop Loss: $91,600. This is the price level at which the trader would exit the position to limit potential losses.
Target:
The analyst has identified a target area of $99,000. This is the price level they expect Bitcoin to reach in the near term.
Entry:
The entry point is marked at the current price of $94,000 This means the analyst suggests entering a long (buy) position at this level.
Important Considerations:
Stop Loss: The stop loss is placed at $91,600. This is a crucial risk management tool. If the price of Bitcoin drops to this level, the trade will be automatically closed to limit potential losses.
Resistance Zone: The resistance zone around $102,000 could act as a barrier to further upward movement.
Technical Analysis: This analysis is based on technical indicators and chart patterns. It's important to remember that technical analysis is not foolproof and market conditions can change rapidly.
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XAUUSD H1 I Bearish Reversal Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 2620.44, which is a pullback resistance aligning with a 50% FIbo retracement.
Our take profit will be at 2600, an overlap support level.
The stop loss will be placed at 2636.34, a pullback resistance level.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GRTUSDT can do a bullish movementI don't see a good volume for an upward movement at the moment, but at lower points, it can be said that there are better buying opportunities. However, in the long term, it can be a good option for hold.
Give me some energy !!
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Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ada the fastest blockchain in the world.Ada recently demonstrated a whopping 1 million TPS. I’ve always been a fan of Cardano for its reliability. With unlimited potential and adoption Ada can see a significant rise against usd in the coming years. I don’t believe in EOY predictions simply because manny obstacles stand in the way of crypto adoption. DYOR!
Christmas day shenanigans.Seems to me Xrp is creating a falling type pattern appearing to revert back to support area at $2. It looks like it's bringing us right to the forefront of Christmas day ✝️
We might wake up Christmas morning with Santa 🎅 putting presents 🎁 under the Xrp Christmas tree 🎄
Make sure to leave cookies 🍪 and milk 🥛 out and be all time high ready cos Santa's got a big bag for you all!!
*pay attention and let's see what happens*
GOLD Will Fall! Short!
Take a look at our analysis for GOLD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2,618.93.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2,576.56 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Could the price drop from here?EUR/CAD is reacting off the resistance level which is an overlap resistance and could potentially drop from this level to our take profit.
Entry: 1.49824
Why we like it:
There is an overlap resistance level.
Stop loss: 1.5166
Why we like it:
There is a pullback resistance level.
Take profit: 1.4847
Why we like it:
There is an overlap support level that lines up with the 38.2% Fibonacci retracement.
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