eurusd high timeframe liquidation sweepI believe eurusd is bullish right now because it cleared the sellside liquidity with a wick and there is a 4h bearish fair value gap that has not been filled.
Longsetup
XAU ! 9/10 ! The uptrend continues.XAU / USD trend forecast September 10, 2024
Gold (XAU/USD) is exchanging hands above $2,500 on Tuesday, sticking within its familiar range of the last few weeks as traders assess the outlook for monetary policy and the future path of interest rates in the US, a key performance indicator for Gold.
Recent mixed US jobs’ data brought into doubt market expectations of the Federal Reserve (Fed) making an above-standard 0.50% (50 bps) cut to its fed funds rate at the September 18 meeting. This, in turn, had a negative impact on Gold, which tends to appreciate the more interest rates fall because that increases its attractiveness to investors as a non-interest paying asset.
Based on M30, resistance and EMA 200 line, TRENDLINE to set up SELL signal
/// SELL XAU : zone 2520-2523
SL: 2528
TP: 50 - 150 - 200 pips (2503)
Safe and profitable trading
EUR/USD declines due to expectations of an ECB rate cut.The Euro dropped 0.44% on Monday, continuing its downward trend after breaking the 1.1100 support level. Expectations of an ECB rate cut on September 12 have weighed on EUR/USD.
As shown on the chart, the EMA 34 is confluent with resistance at 1.10761, so traders may consider selling when the price reaches this resistance area. Additionally, the break of support further confirms the strength of the bearish side.
Therefore, I suggest taking profits at TP 1 around 1.09565 and TP 2 at 1.09224.
Traders should monitor further economic events and price action at critical support levels to determine the next trend.
USDJPY Ranging 142-144 Ahead of U.S. CPIOn the 3-hour timeframe of the USDJPY pair, the price is moving within a range between the support level of 142 and the resistance level near 144.
Closest support: 142. This is a key support level, and if it breaks, a sharp decline to lower levels could follow.
Key resistance: 144. If the price surpasses this level, a short-term bullish trend may be triggered.
Traders can sell when the price touches the 143 resistance or breaks the 142 support, targeting the lower support levels of 142.500 and 141.800.
Investors are awaiting tomorrow's U.S. CPI report. A higher-than-expected CPI could boost the USD, aiding USDJPY recovery, while a lower CPI would pressure the USD, causing further declines in USDJPY.
XAUUSD: Breaking the Resistance Zone!Gold prices are currently fluctuating within a clear resistance and support range. At present, the price is positioned between the 34 EMA and 89 EMA, indicating a tug-of-war in the trend.
The 34 EMA and 89 EMA are converging, signaling a potential trend breakout as the price moves out of this range.
The key resistance level is around 2,525, a zone where prices have previously been rejected, indicating strong selling pressure.
There are two main support levels: one near 2,470 (Support 1) and another closer at 2,489 (Support 2). The price has tested Support 2 once and is showing signs of retesting it.
If the price holds above the 2,489 support level and shows signs of a rebound, it may retest the resistance zone at 2,523.48. If this level is breached, the next target could be 2,540
Trading Strategy: Wait for clear signals from price action as it reaches the critical resistance and support zones. If the price breaks out of these zones, consider trading in the direction of the new trend.
Neo long setup / Bulls or Bears, Tell me in CommentsBINANCE:NEOUSDT By CrazyS
COINBASE:NEONUSD
Hello Traders
💥Long position on NEO
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
9.60
9.72
9.83
9.95
10.10
🔴SL:
9.03 - 8.93
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
Short position on SUPERUSDT / Which one is correct?BINANCE:SUPERUSDT
COINBASE:SUPERUSD
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.6712
0.6605
0.6517
0.6408
0.6266
SL:
0.7181
The Alternate scenario:
If the price stabilizes above the trigger zone, the setup will be cancelled.
MEW/USDT Opened a long position from this trade as bullish divergence in the 1D tf was noticed. If you zoom out the picture, you can see an ascending line (purple line) that holds as its resistance
XAUUSD Breakout: Awaiting a New Bullish WaveXAUUSD is currently trading within a descending channel and has successfully broken out above this trend.
The EMA 34 and EMA 89 have crossed, signaling a potential bullish reversal in the market.
The current resistance level is around 2,525, while the short-term support is around 2,485.
XAUUSD is likely to fluctuate between 2,480 - 2,530, with a potential rise to 2,530, followed by a correction back to 2,490.
Regarding news: Factors influencing gold prices include inflation reports, the Federal Reserve's interest rate policies, U.S. economic data, USD fluctuations, and geopolitical events.
IDEA is at buying zone and possibly a another 25 - 35% rally?NOTE: I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
$POLYX Weekly Entry Plan & Technical Analysis Checkout 1DAY TF Entry plan :
-
$POLYX has good support at 0.17, if this support breaks it will go dip more!
Next Weekly strong support at $0.14 & $0.081
For Long term investment you can DCA at weekly support & Target : $0.28-0.42-0.56
Weekly TA :
- Trend & S/R
- Liquidity below weekly Lows
- Elliot 5th Wave
- Double Bottom
Please hit the LIKE button to support my work and share your thoughts in the comment section.
Thanks
@cnb006
$POLYX Entry Plan & 1DAY TF Technical Analysis $POLYX short/mid term trade entry : $0.201 & $0.171
Target : $0.259-0.329-0.409
Must use Stoploss at $0.1391 & follow proper risk management!
$POLYX 1Day chart is showing some bullish structures, Like :
- Inverse HnS
- PO3
- S/R
- OB
- Gartley, 3Drive patterns
Please hit the LIKE button to support my work and share your thoughts in the comment section.
Thanks
@cnb006
JMFINANCIALHi guys,
In this chart i Found a Demand Zone in JMFINANCIAL 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
gbpusd Week 37 Swing zonesWeek 37 SZ are set. Two possibilities for the beginning of the week, price action will determine which.
Further calculations based on price action will be done once price breaks SZs.
Note:
SZ - Swing zone
dtp - Dynamic TakeProfit
MYRO - CRYPTO LONG 83%?The coin has been falling for a long time, accumulated at the bottom, and formed a descending wedge. There is a chance for a rebound, with a target of over 80%. However, be cautious, as we are taking the coin against the trend. If you decide to take it, use a small percentage of your deposit.
$SAGA Long Trade #freesignal
LSE:SAGA Long
Leverage : 3-5x
Entry 1 : 1.415
Entry 2 : 1.32
TP: 1.6177
SL : 1.2288
I want you to use SL and do proper risk management thanks.
like and share with love
STXUSDT touch confluence | Long BiasOn week chart
BINANCE:STXUSDT hit and bounce back from the ascending trend line and Golden Ratio on week chart
On 4H timeframe
BINANCE:STXUSDT had returned to fill orders and bounce back
With signals from week and 4h timeframes, my opinion likely Long bias for this time and wait confirmation to trade
Wait and see
Approaching to Demand Zone | Long BiasOn Day Timeframe
BINANCE:NOTUSDT is approaching to Demand Zone
Wait Market Structure Shift to trade
My opinion likely Long position this time
Wait and see
BTC Gartley Pattern🌟#BTC analysis: Gartley Chart Insights! 🌟
Hello everyone,
I am pleased to present an in-depth analysis of Bitcoin's likely movements using the Gartley chart pattern. My analysis suggests that BTC is likely to experience a further decline and reach around 54400$. After this dip, we expect a strong recovery with BTC rising to 60k. However, the Gartley pattern suggests that this rise will only be temporary and BTC is likely to fall again, reaching a target of around 47k.
In that case, this chart is the signal you can take, I want to give you the entry or exit here, this is your part and it will be an exciting ride.
PS: the Short is now done.
🫡
Cheers
ML Master
SWING IDEA - SBI CARDS AND PAYMENTSThis setup presents an attractive opportunity for swing traders to capitalize on the potential uptrend in SBI Cards .
Reasons are listed below :
Strong Support at 670-700 Levels : SBI Cards has established a robust support zone in the range of 670-700 levels, indicating strong buying interest and potential reversal points.
Bullish Marubozu Candle : A bullish Marubozu candlestick pattern has formed in both the weekly and daily timeframes, suggesting strong buying momentum and potential upward movement.
Engulfing Pattern : The bullish engulfing pattern on the weekly chart, engulfing four previous candles, reinforces the bullish sentiment and indicates a potential reversal of the downtrend.
Double Bottom Pattern : A double bottom pattern has emerged on the daily timeframe, indicating a potential trend reversal and bullish continuation.
Target - 790 // 855 // 935
Stoploss - weekly close below 670
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
PLTR 60% UP ? S&P EntryPLTR long term profit ? Entry notice to the S&P index + Cup & Handle pattern + Above the average line 150. Only an idea and not a recommendation for trading!
BTC Still inside the BOX / Careful about the BTC heatmap!BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders,
Despite positive economic sentiment, BTC still fluctuating inside the box.
If the price stays above the yellow area, the green scenario is valid and after that if price breaks above the 65K level and stabilize there, 66690 and 70100 levels are the next price resistances.
According to the recent market heatmap, some shadows may occur inside the circle area for some market liquidation.
Stay tuned for more updates.
SUI - CRYPTO LONGLooking at how much the market has dropped, the SUI coin is still holding up quite well. This means there is volume, and it is being supported. Why?
In my opinion, they are going to push it up. If the market stabilizes and stops falling, we could see growth. I have indicated the optimal target on the chart.
