Harmonic Patterns
CONGRATS ON THE LAST TRADE! MY NEXT PLAYS Exciting day for Bitcoin bulls! Not only has Bitcoin smashed through its previous all-time high, but it’s done so with impressive strength, confidently crossing the critical 80K level. We’ve officially broken out of the previous range and entered an exciting phase of price discovery. Could Bitcoin mirror gold’s historic rallies and keep climbing? Will it settle into a new range, or possibly reverse to test lower levels? Watch the video for a full breakdown of what might come next!
For my next play, I am watching for CONTINUATION LONGs
For any of these plays, I want to see a flip in structure on the 10- 15 minute chart or higher before entering. Let’s be ready!
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GBPUSD 100PIPS Entry Point Selection:
Identify a key support or resistance level for entry, depending on whether you’re looking to go long or short.
Use technical indicators (e.g., trend lines, moving averages, Fibonacci levels) to confirm the trend direction and enhance the probability of reaching your target.
Stop Loss (40 Pips):
Place your stop loss 40 pips away from the entry point, ideally below recent swing lows for a long position or above recent highs for a short position.
This tighter stop helps limit risk but requires precision in entry to avoid being stopped out by market fluctuations.
Take Profit (100 Pips):
Set your take profit level 100 pips away from the entry point, aligned with the general trend.
GBP/USD has the volatility needed to reach a 100-pip target, especially if the market is trending strongly or news aligns with your trade direction.
Risk Management and Timing:
Ensure that the trade aligns with higher-volume sessions (like London or New York) to increase the likelihood of hitting your target within a reasonable time.
A 1:2.5 risk-to-reward ratio can be profitable over time if trades are taken with confirmed trends or at optimal levels.
XAUUSD / TRADING DEMAND ZONE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Time Frame and Initial Target , The analysis is based on a 4-hour (4H) chart, which is commonly used for short- to medium-term trading insights, A previous target was reached with a +550 pip profit due to a decline to the demand zone, implying successful movement in line with expectations.
Current Price Movement , Prices are trying to reach $2,605 in the demand zone , As long as prices remain above this level, there is potential for an increase, likely moving toward a supply zone between $2,687 and $2,708.
Possible Downside , If prices break below and stabilize under $2,605, this could signal a further decline to the next demand zone between $2,565 and $2,551.
Overall Market Pressure , The trend shows upward pressure, but breaking the demand zone between $2,565 and $2,551 could confirm a downtrend, indicating a bearish shift if support does not hold.
Bearish drop off 50% Fibonacci resistance?The Gold (XAU/USD) has reacted off the pivot which acts as a pullback resistance that aligns with the 50% Fibonacci retracement and could drop to the 1st support which has been identified as a pullback support.
Pivot: 2,713.01
1st Support: 2,605.27
1st Resistance: 2,790.10
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR/NZD H4 | Potential bullish bounceEUR/NZD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.7858 which is a pullback support.
Stop loss is at 1.7758 which is a level that lies underneath an overlap support.
Take profit is at 1.8063 which is an overlap resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
CRO weekly trend shift...Guys! Its been green as a CRO fan, holding this token since last year and managed to accumulate between 0.6 to 0.7.
This is the 2nd time in the chart spotted Buy weekly signal and trend shift colour changing to bullish for the first time.
We are not even in proper Alt seasons yet.... any dips short-term will be the best opportunity for the future price. ( Spot only and no financial advice )
EurUsd Analysis | Rebound in short term?The euro hit a 4-1/2-month low against the U.S. dollar as investors worried about possible U.S. tariffs which would hurt the euro area's economy. The greenback was within striking distance of the levels seen right after the U.S. presidential election against major currencies as markets focused on data and Federal Reserve speakers and waited for clarity about future U.S. policy. Analysts expect measures from President-elect Donald Trump to put upward pressure on inflation and bond yields while limiting the Fed's scope to ease policy.
However, they see investors trading on economic data and clues about the rate outlook before seeing what Trump's policies would actually be in practice. Market participants flagged that the sensitivity of the euro to the threat of higher U.S. import tariffs was evident late Friday, when media reported that Trump was lining up Robert Lighthizer, seen as a hawk on trade, to run his trade policy. However, two sources familiar with the matter said Lighthizer has not been asked by Trump to return to the agency overseeing trade policy.
That said, from a technical point of view, the pair is very interesting to follow in the short term, if we look at the 4H chart, we have reached a very important support area, so we do not exclude some bullish movement. If the pair will trigger a technical bounce it should do so with at least 3 legs, and in this case it could still form a bullish Head and Shoulders Pattern (not shown on the chart, but quite simple to imagine). The most speculative bulls are trying to take long positions on the resistance, the more cautious Traders could wait for the formation of the right shoulder taking a position with a stop loss under the Head.
Thanks for watching.
USDCHF H4 | Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8773, which is a multi-swing high resistance.
Our take profit will be at 0.8710, an overlap support level close to 38.2% Fibo retracement.
The stop loss will be at 0.8801, above 127.2% Fibo extension
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% 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.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Falling towards pullback support?WTI oil (XTI/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 67.74
1st Support: 65.55
1st Resistance: 72.63
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR/JPY "Euppy" Bank Money Heist Plan on Bearish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist EUR/JPY "Euppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe, Recent / Nearest High Point.
Stop Loss 🛑: Recent Swing High using 2h timeframe
Attention for Scalpers : Focus to scalp only on Short side, If you've got a money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss 🚫🚏. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
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BTCUSDT risky scalp 5 minuteHi guys! sorry for the late post.
Due to chat resolution, tradingview did not allow me to post 5 minutes chart.
So I used 15 minutes timeframe to post this trade.
Its risky to trade against a strong bullish trend, therefore make sure you have stop-loss and adjust risk to reward ratio properly.
Not financial advice, just sharing on what I do. Sorry for updating late due to Tradingview technical issues.
EURUSD professional analysis strategyI analysed this chart on EURUSD and concluded the following:
The market is trading on 1.0621 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.0722
Safe Stop Loss - 1.0566
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.