DODOUSDT LONG IDEAThe player leads a large accumulation of this asset.
Now the price is at a strong support zone, which gives us a good long entry point with great potential.
All targets are indicated on the chart.
Longsetup
GBP/USD: Bullish Continuation or Reversal?Today, GBP/USD continues its upward trend and is trading around 1.312 by the end of the session. Overall, the pair is approaching a key support level, and the EMA 34 and EMA 89 lines have not yet reversed, indicating that bullish momentum may still be in play. The recent price pullback seems more like a test rather than a confirmed reversal.
However, we must not rule out the possibility of breaking support, especially if the Head and Shoulders pattern completes as projected. The 1.3261 resistance level is currently being actively defended by sellers. Should a break occur, GBP/USD will present a profitable opportunity for short sellers, with the price potentially heading towards the lower boundary of the ascending channel once again.
This is a critical moment to closely monitor the market. Whether it's a continuation of the uptrend or a support break, make sure you're ready for both scenarios.
Good luck with your trading!
USDJPY: Back to Uptrend?Hello everyone,
Currently, USDJPY continues its strong upward momentum, trading steadily around the high level of 146.70, up 0.19% on the day.
From a technical analysis perspective, USDJPY is forming an Elliott Wave 5 pattern, with the first three waves already completed (currently in wave 4). Ben expects the support level around 145.77, aligning with the 0.618 Fibonacci retracement of the previous upward move, to hold, with the next target being the psychological level of 149.22.
What about you? Where do you think USDJPY will gain strength next? Share your thoughts!
Long Term Tesla - Big Accumulation !Long term Technical suggest we are in a Up Trend on Angle 6.
Green UMVD & GREEN TrapZone at the moment with Very WIDE Ranges on the Daily.
Will post hourly for swing analysis as a thread next. What are your thoughts ?
XAU/USD Before the Break: Awaiting a Breakout or Correction?The XAU/USD chart is weaving a dramatic story as gold prices hover around $2,661.865. This is a sensitive moment with buyers holding control but facing a major challenge – breaking the key resistance at $2,684.675 and continuing their journey toward the peak at $2,710.715.
The EMA 34 ($2,653.217) and EMA 89 ($2,635.299) serve as “solid shields,” supporting the current uptrend and providing a strong base for buyers.
The strong support at $2,637.457 also acts as the “final fortress,” preventing a deeper correction.
If the price breaks this resistance, an "explosive surge" could occur, opening up golden opportunities for investors.
Today is a critical trading day, with the US Non-Farm Employment Change data about to be released. This is one of the indicators that significantly impacts the market, especially the currency pairs related to USD.
NIFTYHi guys,
In this chart i Found a Demand Zone in NIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
[NVDA] Give it another tryThere's a beautiful pattern on NASDAQ:NVDA daily chart about to complete. The 1st attempt was failed, now it wants to give another try.
MACD downtrend line has been broken...usually price follow suit...but in the market, always prepare for the un-norm.
Cherio...
XAUUSD: Positive Technical OutlookHello everyone!
Currently, gold is hovering around the $2,658 mark in early trading, showing a slight recovery after its price correction from $2,640 late yesterday.
On the technical chart, gold continues to maintain a strong uptrend within a parallel wedge pattern, with the convergence of the 34 and 89 EMAs signaling further upward potential. A solid support level is also clearly established, reinforcing this recovery trend.
Given these factors, we can confidently expect gold to break out of its current sideways phase, likely surpassing the upper boundary of the wedge and pushing higher in the near future. Therefore, the preferred strategy right now is to *buy* – seize this opportunity, my friends!
TNSR bottom is inthis is my trade setup for $TNSR .
we can see a FVG at the .618 fib taken from last drop to the lows. around 0.75 there could be a small pullback because of another FVG and a orderblock. but overall $TNSR is bullish imo and this is my setup for it. if it reaches target its 148% !
DONT OVERLEVERAGE,
CHEERS!
new setup $TNSRsince the kast one got stopped out i made a simular one with good risk management, .\sheers!
PMI - momentum for NF - prepares to increase prices⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold prices remain supported by escalating Middle East tensions. On Tuesday, Iran fired over 200 missiles at Israel, and early Thursday, Israel launched airstrikes on central Beirut, Lebanon, increasing fears of a larger conflict. This ongoing instability boosts demand for safe-haven assets like gold. Meanwhile, traders are likely holding back from making strong moves, awaiting Friday's key US Nonfarm Payrolls (NFP) report for clearer direction.
⭐️ Personal comments NOVA:
According to the H1 frame - gold prices form an upward trend - NF this week will determine the upcoming trend for Gold - NOVA leans towards upward price momentum thanks to middle east tensions - gold price has more upward momentum
⭐️ SET UP GOLD PRICE:
🔥BUY GOLD zone: $2644 - $2641 SL $2637
TP1: $2650
TP2: $2660
TP3: $2672
🔥SELL GOLD zone: $2672 - $2674 SL $2679
TP1: $2665
TP2: $2650
TP3: $2641
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
XAU 10/3 ! break and buy now ! touch old ATH 2681XAU / USD trend forecast October 3, 2024
Gold price (XAU/USD) remains under pressure during Thursday's Asian session due to a stronger US Dollar, supported by reduced expectations of aggressive Fed rate cuts. Wednesday's positive US ADP report highlighted labor market stability, causing investors to further lower their bets on a large rate cut in November. As a result, the USD Index (DXY) reached a three-week high, weakening demand for gold.
Gold price moves in large range - touches H2 downtrend trendline
Upward view based on world war tension in the middle east
/// BUY XAU : zone 2641-2644
SL: 2636
TP: 50 - 100 - 300 pips (2671)
Safe and profitable trading
kotakbank buy for swing and positional
first buy near 1780
avg at near 1755
sl near 1725 3% sl only play wuth strictly sl
use capital 25-50k
second buy near 1660
avg at near 1610
sl at near 1675 5% sl play safely with strictly sl
use capital 25-50k
EURAUD Long term longs, get in now or wait for pullbacksSimple technical analysis here, price has been wallowing around these lows for a while and it's the bottom of the higher time frame channel, great opportunity to start buying here with great risk reward.
Buy now and hold or wait for pullbacks if you're more conservative. Not sure on targets, would hope for a 50% pullback at least or possibly higher but that's a long hold.
Gold at the Verge of a Breakout or Correction?Gold prices are currently “dancing” around the $2,655 level. The strong support at $2,630.511 acts as the “last fortress” protecting buyers from a steep decline.
However, all eyes are on the critical resistance levels at $2,678. These are the “gateways” buyers need to breach to unlock a spectacular breakout, driving gold to new highs.
The EMA 34 and EMA 89 lines are providing solid momentum, helping to maintain the upward trend.
But can the market hold onto this optimism, especially with hot U.S. news and Fed movements that could shift the dynamics at any moment?
A strong breakout might be in the cards, but if not, a correction back to the support zone could prompt many investors to reconsider their strategies
EURUSD: Continuously searching for new bottoms!Dear Investors,
Today, let's dive into the EURUSD pair analysis with Conan!
In recent days, EURUSD has not had many big fluctuations, but still maintains the trend of finding new bottoms through red candles. Technically, the double top pattern has been confirmed and the price has broken the 1.1100 level, opening the possibility of a deeper decline. However, to break the strong support at 1.1000, the sellers need confirmation from the new resistance zone at 1.1085 - a level that matches the 0.618 Fibonacci level in our forecast. Potential profit-taking levels that investors can consider are 1.1000 and 1.0900 respectively.
What do you think about this analysis? Share your views!
Trading strategy !Hello, dear traders! In my view, the recent rally in gold is mainly due to expectations of lower US interest rates and the growing demand for safe havens amid geopolitical uncertainty. Currently, gold is trading around $2,660, down -0.14% on the day. However, I believe that the overall bullish trend remains intact.
Looking at the 4-hour chart, I can see that XAUUSD is holding above the rising trendline and the 34.89 EMA. This reinforces the idea that gold prices could continue to rise. If gold breaks above the all-time high of $2,685, this could signal further upside momentum, targeting round numbers like $2,700 and even the psychological level of $2,750.
What do you think about the trend of XAUUSD? Do you see more room for it to break higher? Let's discuss!
Gold price today is still supported to increase !Hello everyone! What do you expect from the gold price today, let's discuss today's strategy?
Yesterday XAUUSD did not change much compared to yesterday's trading session, fluctuating around $2656, down 0.1% due to lack of new bullish momentum.
Although it is under some short-term pressure due to the strength of the USD, the situation in the Middle East is gradually strengthening, promoting the demand for safe-haven gold.
Besides, there is still positive potential for further appreciation of XAUUSD, as it is still in an unbroken upward channel. A break of $2660 will not see significant resistance until $2670.
What do you think?
USDJPY: Strong recovery from 143.00Ben, hello everyone! Let's dive into today's USDJPY analysis with Ben!
USDJPY is in an uptrend today, currently trading at 143.95, up 0.29% on the day.
With USDJPY continuing to trade steadily at this positive level, the resistance level of 144.50 will be set as a short-term target, before potentially reacting and testing the price level of 143.00, forming a trend line and using it as strong support for further increases in the medium and long term. The current expected price levels are at the round level of 145.00 and 146.00 respectively and even the upper trend channel limit at 147.00.
Wishing you all profitable trading!
10/2 XAU | USD increased by war conflictXAU / USD trend forecast October 2, 2024
Iran launched ballistic missiles at Israel on Tuesday in response to Israel's actions against Hezbollah in Lebanon, boosting demand for safe-haven gold. Israeli Prime Minister Benjamin Netanyahu vowed Iran would face consequences, while Iran warned of massive destruction in retaliation, escalating the risk of a wider Middle East conflict. Meanwhile, the US JOLTS report revealed a surprising rise in job openings for August, reaching 8.04 million.
/// BUY XAU : zone 2635-2637
SL: 2629
TP: 50 - 100 - 300 pips (2665)
Safe and profitable trading
BTC ANALYSIS (Update)🔮 #BTC Analysis - Update 🚀🚀
💲 As we said earlier #BTC performed the same. More than 8.65% done move done in #BTC. Now we can see that there is a formation of Descending Broadening Wedge Pattern in #BTC and we can see a more retest before a pullback.
💸Current Price -- $60760
📈Target Price -- $66000
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#BTC #Cryptocurrency #Breakout #DYOR
Average Range Levels Long Setup Tutorial!when bullish:
Entry: 1/3ADR-
Take Profit: 1/3ADR+
Stop-Loss: below protected low
simple isnt it?
