Harmonic Patterns
GGGL-LONGGGGL has started a bullish trend as price has broke a consolidation box and now making Higher HIghs and Higher lows,so take a long entry at CMP
DGKC-LONGDGKC is trading in a bullish trend and now price has started reversal after correction so we will take long entry at CMP
BASIC CHART ANALYSISYES I stongly believe and consider other peoples analysis but as you can see here the chart is making LOWER LOWs and LOWER HIGHs the overall market with 200 ema seems bearish so I think sellers are taking over any thoughts on this >God Bless
CADJPY-LONGCADJPY is trading in a bullish trend,moving upward by making Higher highs and higher lows so we will take a long entry at HL
ETH roadmap! ETH is in its re-accumulation phase in which it will go deeper one more time before heading towards 7.000$.
Patience is key! The time will come!
Could BA be a wrinkle in the market?BA seems to be facing challenges. However, advancements in technology, along with opportunities in space and defense spending, present a gap that could benefit the company. While I don't have a specific time horizon, I see an opportunity to profit by going against the grain. It's a difficult path, but the potential is there.
DOT Sing Long Entry 6.8 12/20/2024DOT Swing Long Idea 12/20/2024. Waiting for confirmation of lows to enter trade.
Xauusd chart in dayle timeframe hello my friends
This is my idea about the gold chart on the daily time frame,
Important points:
1.Starting the sale transaction before breaking the support zone is only allowed with 30% of the total transaction amount
FX_IDC:XAUUSDG
EURUSD - Long TradeEURUSD has formed double bottom divergence.
Last LH is also broken.
ABCD harmonic reversal pattern is also formed
These factors indicate reversal of bearish trend.
ETH thesis by Titan_KarmaEthereum Investment Thesis
Market Overview
Ethereum (ETH) is trading at $3,431.65, indicating potential for upward momentum. The recommendation is to OPEN LONG positions, supported by a favorable risk-reward setup and moderate confidence in a bullish trajectory.
Key Technical Indicators
Stop-loss: Set at $3,200.00, providing downside protection against unexpected price drops.
Take-profit: Targeted at $3,600.00, aligning with a strong resistance level and maximizing potential gains.
Exit Point: Positioned at $3,500.00, offering a prudent level for partial profit-taking.
Confidence Level
The confidence level for this strategy is 75%, reflecting cautious optimism. The technical and fundamental indicators support an upward trend, though volatility requires close monitoring.
Correlation with BTC
Ethereum shows a neutral correlation with Bitcoin (0.02), suggesting its price movement is minimally influenced by BTC. This allows ETH to follow its own market dynamics.
Position Analysis
Open Long Positions: None currently, presenting an opportunity to take advantage of the recommended strategy.
Open Short Positions: None, indicating a lack of bearish sentiment.
Risk Management Strategy
Entry at the current price of $3,431.65 is ideal to capitalize on potential gains.
A well-placed stop-loss at $3,200.00 minimizes risk in case of downside volatility.
The take-profit level at $3,600.00 provides an attractive target, while the exit point at $3,500.00 ensures partial profit-taking to secure gains.
Recommendation
OPEN LONG positions near the current price, aiming for a take-profit level of $3,600.00. The combination of technical support and moderate confidence in the bullish scenario supports this strategy. Traders should remain vigilant for any changes in sentiment or technical indicators that might influence price movements.
FFC ABCD PatternFFC : ABCD Pattern on Daily Chart depicts a potential movement towards Point D, provided the price crosses and sustains above Point B. Entry point and stop loss is indicated on chart.
good position for buyhello friends
This currency gave us a good correction considering the growth it has had and the money it has received.
Now, step by step on this point and in case of correction, it is worth buying more than the goals we specified for you.
{Note that it is better to make your purchases step by step...}
Be successful and profitable
Gold 30min Chart Short Gartley pattern Gold 30min Chart Short Gartley pattern, Price end AB=CD, stop should be strong above all SMAs and take profit is EA leg of the pattern
BTC thesis by Titan_KarmaBitcoin Investment Thesis
Market Analysis
Bitcoin (BTC) is currently trading at $96,938.18, showing potential for bullish momentum. The recommendation is to OPEN LONG positions, supported by technical and market indicators suggesting upside potential.
Key Technical Indicators
Stop-loss: Positioned at $95,000.00, providing a safety net against sudden price drops while allowing room for market fluctuations.
Take-profit: Targeted at $103,000.00, aligning with recent resistance levels for an optimal risk-reward ratio.
Exit Point: Set at $100,000.00, offering a balanced opportunity for securing partial profits before hitting the take-profit level.
Confidence Level
With a confidence level of 75%, this strategy reflects cautious optimism. While the data supports a bullish move, traders should remain vigilant due to the neutral correlation and market volatility.
Correlation with BTC
The neutral correlation (0.00) indicates BTC is moving independently, unaffected by broader market dynamics or external asset influences.
Position Analysis
Open Long Positions: None currently, presenting an opportunity to capitalize on the suggested strategy.
Open Short Positions: None, indicating no significant bearish sentiment in the market.
Risk Management Strategy
Entry should occur near the current price of $96,938.18, with a well-defined stop-loss at $95,000.00 to minimize downside risk.
The take-profit at $103,000.00 provides an attractive upside, and the exit point at $100,000.00 allows for partial profit-taking.
Maintain flexibility to adjust the stop-loss and take-profit levels based on evolving market conditions.
Recommendation
OPEN LONG positions near the current price, targeting the upper resistance level at $103,000.00. The neutral correlation and technical setup support this strategy, but traders should monitor the market closely for sudden shifts in sentiment or price action.
Long term Cypher on the pound targeting 180........The pound longer term looks like its gonna head higher..... daily shark pattern has counted complete and Ill be looking for a push back into the 12950-60 area. If this rejects i would look for a push back toward the low 0f 124-125.. Ill be looking to the long side here as low risk to reward setup will present its self.
Merry Christmas
Pound still holding the shark, The C wave up into the 12960-130 ( 5-0 pattern completion) area could be nearing the start lets see if we can hold. I'm still looking for the reversal
Rising from the Ashes: EURO's Path to RecoveryGood day traders,
Trust we all profited from the FOMC report of yesterday.
Please take a moment to go through my outlook and expectation on Euro in the coming weeks into the new year.
Overview
EUR/USD appears to be rebounding after a sharp decline triggered by yesterday's FOMC report, where the FED delivered a hawkish 25bps cut, which drove higher market-driven borrowing costs, a stronger dollar and a sharp drop in stocks. From the start of the week EURUSD had previously been consolidating, during which weak buyers (traders) were caught off guard by a false breakout to the upside, reaching a weekly high of 1.05342 on Tuesday.
Idea
The subsequent sell-off drove the pair to a four-week low of 1.03439, just above the November 22nd low of 1.03324. This drop aligns with a key Fibonacci reversal pattern under Elliott Wave theory, suggesting the potential for a significant rally. If this pattern holds, EUR/USD could gain approximately 400 pips (1.08150) in the coming weeks, with the recovery likely extending into the new year.
Conclusion
The recent low is expected to act as a firm support level, and a breach of the November low appears unlikely. This anticipated rally could mark the beginning of a period of recovery and optimism for the euro.
Cheers! Merry Christmas and Happy New Year in advance.
HOW TO INDENTIFY INSTITUTIONAL CANDLESHere in this video i show you how you can trade using institutional candles so you can make more profit and stop losing much. Watch the video and see how it works.
SPXUSD Daily Has A Inverse Cup & Handle Hey fellow traders and followers! I have to point out a possible inverse cup & handle and targets if she plays out in SPX Oanda.
Breaking point on daily is 5881.6 after which would trigger bears to take over the show and bring us down to the measured move of 5751.3 area. If that area breaks after being tested with a fail we falllll ---
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--5643.3------------
Market sits in no man's land I like to call it being bulls and bears on both sides of this rope in a tug of war. Be very very cautious at this time as charts in bigger TF's are starting to spell( FALL )
Don't get hurt on this one as this fall will give you more than just a scrape on the knees, more like a broken leg or worse.
Trade with caution and best of luck in all your trades. Cheers!
Is $AMD a massive buy opportunity for 2025?Is NASDAQ:AMD a massive buy opportunity for 2025?
AMD is doing great financially/fundamentally with chips that is 2nd to NVDA. In addition, their data center revenues are growing exponentially.
It is a probably a great buying opportunity here at $121 going into 2025.
