xauusd:2800 is about to fallThe impact of the news is gradually fading from people's vision, so trading needs to rely on technical indicators and K-line charts.
The current trend has changed, mainly showing a downward trend.
Once the support of 2830 below is lost, 2800 is not far away. Next week is a very important node, because the weekly non-agricultural data is about to come, and this data plays a key role next week.
Flag
Bear Flag in Adobe?Adobe trended lower most of 2024, and now some traders may expect another push to the downside.
The first pattern on today’s chart is the series of higher lows since mid-January. The software company recently slid below that line, which may be viewed as a bear flag breakdown.
Second, bearish gaps after the last two earnings reports could reflect weak sentiment.
Third, ADBE has been unable to get above its falling 50-day simple moving average (SMA). That may indicate a negative intermediate-term trend.
Also notice how the 50-day SMA is under the 100-day SMA and both are below the 200-day SMA. That configuration, with faster SMAs below slower ones, may indicate a negative long-term trend.
Next, the 8-day exponential moving average (EMA) just crossed below the 21-day EMA. MACD is falling as well. Those patterns may be consistent with bearishness in the short term.
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Silver’s Price Action Hints at Further Decline After reaching a high in mid-February, Silver formed a lower high on the 25th, even as Gold hit a new all-time high.
Following the recent decline in both metals, this pattern repeated itself—Silver did not make a new low, whereas Gold did, but found support in a key zone.
However, analyzing the price structure, Silver’s chart remains bearish. In recent trading hours, a small flag continuation pattern has formed, signaling potential further downside.
Given this setup, I expect Silver to break the pattern and continue its decline, with 31 as the next key support level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
XAUUSD: Is there a bottom reversal opportunity coming soon?
Overnight gold prices once again rebounded from the lowest position.
The lowest touched 2900.
There were a lot of data news released in the early morning.
This gave gold prices a certain degree of rebound opportunities.
The highest impact reached 2930,
but then it fell sharply, the lowest to 2905.
It has now returned to the normal level of 2914.
From the big trend. The long-short conversion has become a foregone conclusion.
The operation suggestion is to sell high. Of course, if the sudden news distorts the market trend, there is an exception.
Gold prices continued to fall again following my instructions, reaching a minimum of 2890, forming a double bottom structure at the bottom. There are currently no major factors driving gold prices down in terms of news. Therefore, the current pullback is just a correction, so there is a probability of a sharp rebound after the double bottom support. Focus on the rebound range of 2900-2912. Operation suggestions: Mainly long.
XAUUSD: What to do with order stop loss? Follow me.Ordinary players: It's over. I woke up and found that the long XAUUSD order was stopped. What should I do?
Me: Isn't it enough to make money back?
Ordinary people: What should I do?
Me: Just continue to short around 2895!
During the early morning trading, the gold price only rose slightly by about $5. After reaching the 2920 position, it did not stabilize and then fell rapidly. This was unexpected. Fortunately, the stop loss was set, so our long order only lost about 10 points.
After waking up, I made a decision directly. Continue to short XAUUSD. Sell at 2900-2895. The shorts continued to exert force, and the longs were weak. In the end, it didn't last long before the gold price reached my target value of 2880. Achieve the process of perfect recovery of losses.
So stop loss is not terrible. Only one order is enough to bring followers to recover losses. But it must be able to allow followers to expand profits for a longer time. I think this is also the reason why some followers continue to follow me. It is also the reason why they join the analysis circle. They are looking for me. Not just a trading signal.
Currently, the gold price is hovering around 2980. There is some small support here, but today's trading plan is to short at high levels, so the option of going long is not considered for the time being. If the gold price returns to the 2890-2895 line, I think it is still possible to short at high levels. If you don't know how to trade, remember to leave me a message. Or join the analysis circle, there are more exciting analysis and real-time trading opportunities for reference.
A big move is brewing on this AI CoinAI the hypest narrative in the space today.
This coin has an interesting use case.
But most of all, the market cap is low enough for it to rip up.
The chart looks extremely bullish.
And perpetual funding rates keep oscillating into negative territory, possible due to large amounts of shorts piling in - meaning, a short squeeze is inevitable.
XAUUSD:Breaking news, the rise will continue to 2927-2932In the afternoon of London, after notifying the lowest position to buy and make a big profit, gold rebounded to 2914 without more energy, causing the gold price to continue to rise. After reaching 2918, it quickly returned to the position near 2914 and continued to fluctuate. After the market closed, the market was ignited by big news again.
Latest news: The situation between Russia and Ukraine has been further affected by drone attacks.
This has led to the spread of risk aversion and panic in the market. This has led to a sharp increase in demand for XAUUSD.
At present, the price of gold still remains at 2916, and there has not been a significant increase, so it is still a reasonable buying position. The estimated space is about 10-15 points.
Buy at the current price of 2916, tp2927-2932.sl2905
Remember to control trading risks when operating,
USOIL: Energy channel sanctions lifted? Oil price drops?The news will be explosive news in the New York market. The market is about to fall sharply.
1. The European Union has suspended sanctions on Syria's energy and transportation sectors.
2. Iraq's oil minister said that oil exports from the Kurdish region will resume within a week.
3. BP CEO will abandon his promise to cut oil and gas production.
The news will be explosive news in the New York market. The market is about to fall sharply.
The current oil price is around 70.6, observing from the overall trend. It is still in the downward channel. The support below is loose. According to the Williams indicator, the probability of continued decline in the short term exceeds 95.6%. After breaking the 70 integer level, it will move closer to the price of 69.5 again.
Operation idea: short selling.
Recommended USOIL: sell at the current price.
TP: 71,
TP: 69.5-69
What's next for Bitcoin? Chop into end of March, then 165kI believe we are in the last leg of the cycle here.
I expect another sideways chop to form a bull flag pattern into end of march, then a 3 wave move up to tap 164-165k before entering a 12month + bear market.
Fear is at an all time high, alt coin traders are completely obliterated (I have been through it too, a lot of my previous attempts to call bottoms on some coins were invalidated due to a weaking broader market), however, I believe many alts now have put in bottoming structures such as POPCAT, FARTCOIN, MOG etc.
Downtrend in Applied Materials?Applied Materials has struggled since the summer and some traders may see further downside in the provider of chip equipment.
The first pattern on today’s chart is the series of higher lows between late December and mid-February. Earnings beat estimates on February 13, but conservative guidance pushed the stock below that line. The result is a potential bear-flag breakdown.
Second, short- and long-term moving averages may show bearish trends. The 50-day simple moving average (SMA) crossed under the 100-day and 200-day SMAs in September. Two months later, the 100-day SMA slid below the 200-day SMA.
The 8-day exponential moving average (EMA) crossed under the 21-day EMA two weeks ago. MACD has also been negative.
Finally, you have the big event of NASDAQ:NVDA Nvidia earnings tomorrow afternoon. Given its importance to the entire semiconductor industry, AMAT could be especially volatile around the news.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
BTCSUD: Expected increase of 5000 points.I have notified everyone to buy a large amount below 89000. Maybe we can see profits in a short period of time.
This time's buying is the biggest bottoming and the biggest rebound in recent months.
So cherish the opportunity,
BUY:88500-89000
sl86500
tp93000-95000
I will continue to announce the follow-up details in the analysis circle. Remember to refer to it to avoid missing the latest developments.
Ascending Triangle pattern for Zcash or Hidden Bear Flag!!!??!?!It appears as though Zcash is forming an ascending triangle pattern, but often this can be confused with a bear flag depending on the Macro Trend of the asset.
The rsi is in a great place for the price to pump.
We have seen the price of Zcash touch the upward sloping support of the pattern over half a dozen times, this is the first time the price have dipped below the upward sloping support.
The price is going to need to rebound immediately if we're going to see a continuation of the pattern.
New ATH should be coming in ETHBull FLAG, Respect of Bullish Trend.
Everything else in the chart. Nothing much to glorify.
Great setup, beware of your risk appetite and manage your risk and position well.
FYI, This is an educational post and nothing else.
Do Your Own Research. This is not an financial advice.
Good Luck.
GOLD (XAUUSD): One More Consolidation
Since Wednesday, Gold started to consolidate within a horizontal
channel on a 4H.
To buy Gold with a confirmation next week, wait for a breakout of
the resistance of the channel. It will initiate a movement higher at least to 2975.
Alternatively, a bearish breakout of a support of the channel can trigger
a local correctional movement at least to 2906.
Wait for a breakout, it will provide a reliable confirmation.
❤️Please, support my work with like, thank you!❤️
AUD/USD Bullish Breakout Signals Further UpsideAUD/USD has broken out of a bullish flag pattern on the 4-hour timeframe, suggesting continued upward momentum. A buy entry is recommended at a retest of the former resistance level near 0.63700, now acting as support, aligning with a key bullish trendline.
Technical Observations:
Higher High Formation: The AUD/USD pair has established a higher high on the 4-hour chart, confirming an ongoing bullish trend.
Bullish Flag Breakout: Price has decisively broken above a well-defined bullish flag pattern, typically a continuation pattern that signals further upside.
Support Confirmation: The 0.63700 level, previously acting as resistance, is anticipated to act as support upon a retest.
Trendline Confluence: A bullish trendline further reinforces the support zone near the 0.63700 level.
Trading Recommendation:
Entry Point: Buy AUD/USD near the retest of the 0.63700 level.
Stop Loss: Place a stop loss at 0.63200 to manage risk.
Take Profit 1: 0.64200
Take Profit 2: 0.64700
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and you should carefully consider your risk tolerance before making any investment decisions.
The SECRET to BULLISH CHART PATTERNS | EducationBullish chart patterns play out towards the upside... atleast most of the time.
In some cases, a bullish pattern forms - seemingly strong- but ends up going the complete opposite direction. There is a way to navigate this very frustrating outcome - by waiting for confirmation.
Through waiting a little longer, you will surely reduce the profits - but this greatly reduces the risk of playing a "failed" pattern.
Keep a close eye on this bullish chart pattern forming on SUI:
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