Harmonic Patterns
Mastering AUDUSD: Key Trading Zones Revealed for Optimal EntriesGreetings, traders! Welcome to this AUDUSDmarket analysis, where we focus on identifying higher-probability trading opportunities.
In this video, I start by analyzing the yearly down to the daily charts, highlighting key trading zones, and discussing the confirmations we look for to optimize our swing entries.
If you like the breakdown, boost the idea and follow to receive more ideas.
Trade safely
Trader Leo
NEIRO, might surprise everyone.NEIROUSDT / 1D
Hello Traders, welcome back to another market breakdown.
The meme coins market is showing strong bullish momentum in the current Crypto cycle, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for confirmation into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- Lower quarter of the range
2- Mid of the range
3- New all-time high
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
copper
copper price dropping fast due to the following factors
Economic Factors
1. Interest Rate Concerns: The Federal Reserve's hawkish cut has strengthened the US dollar, making copper more expensive for buyers using other currencies.
2. Global Economic Slowdown: Concerns about a potential global economic slowdown, particularly in China, have led to decreased demand for copper.
3 Increased Supply: Copper production has increased, leading to a surplus in the market.
4. Decreased Demand: Weaker demand from China, the world's largest copper consumer, has contributed to the price drop.
Market Sentiment
1. Risk Aversion: Investors have become more risk-averse, leading to a decrease in demand for copper and other commodities.
2. Technical Selling: Copper prices have broken through key technical levels, triggering stop-loss orders and accelerating the price decline.
Potential Butterfly Pattern USDJPY DailyWatching to see if this Butterfly pattern will complete. This is the D chart so could take some time. In addition we need to clear the previous high. Looking back on the weekly chart we are up at some all time highs, so if we clear the previous high then we will be watching the 1272 completion zone as possible reversal. Keep in mind the Holiday is next week and may also play a factor. Keeping on my radar for now.
GBPUSDhello friends
Due to the severe fall that we had and cardamom breaking respectively.
Now, with another bottom failure, the price is placed in a good area, and from there, by getting confirmation, we can expect a good reaction.
This analysis is checked from a technical point of view.
Be successful and profitable.
-1R Selling GBPAUDHello!!! this trade Is nice, let me take you through the pros and cons.
Cons:
A trendline with only 2 touches I don't even need to explain how silly this is.
I labelled this as supply which is very silly considering that there was no big moves after the breakout of this level.
Pros:
The pivot was on the right trade but this trade was forced.