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US30 Still Bearish and will likely fall to 43300US30 failed to stay above the 43800 support Line causing price to be stalled between 43800 resistance area and 43500 support area. This is a very week support area and price will likely gravitate to the 43500 line by tomorrow so an intraday short is an idea to consider. Price is nicely falling within the trend channel and shows no immediate or on coming sign of recovering. Short- Look to take a short to 43500 TP1 or 43300 TP2 Good Trading.
OANDA:US30USDShort
by leslyjeanbaptiste
Cup & Handle Pattern TutorialA cup and handle pattern is a bullish continuation pattern that signals a potential upward price movement after a consolidation period. Here's a breakdown of its key components: Cup: The pattern starts with a downward move in price, forming a rounded bottom (the "cup"). The price then rallies back up to the level where it began, creating a U-shape. Handle: After the cup forms, the price pulls back downward in a smaller, rounded formation (the "handle"). This handle is typically a consolidation period before the price resumes its upward trend. Win Rate The cup and handle pattern is known for its high reliability and success rate. Research shows that it has a 95% success rate in bull markets and an average profit of around 54%. However, it's important to follow strict trading rules to achieve these results
NASDAQ:COINEducation
by RonnieV29
4
Inverse Head & Shoulder Tutorial An inverse head and shoulders pattern is the opposite of the head and shoulders pattern and signals a potential bullish reversal from a downtrend to an uptrend. Here's a breakdown of its key components: Left Shoulder: The price falls to a trough and then rises back to a resistance level. Head: The price falls again to a lower trough and then rises back to the same resistance level. Right Shoulder: The price falls again but only to the level of the first trough, then rises once more. The pattern gets its name because it resembles an upside-down head with shoulders on either side. The neckline is the resistance level connecting the highest points of each peak. Types of Inverse Head and Shoulders Patterns Inverse Head and Shoulders Bottom: This pattern signals a potential reversal from a bearish trend to a bullish trend. How to Trade It Breakout Confirmation: The pattern is confirmed when the price breaks above the neckline in an inverse head and shoulders bottom. Entry Point: Traders often enter a long position when the neckline is broken in an inverse head and shoulders bottom.
NYSE:SQEducation
by RonnieV29
8
Cardano - Starting The 10x Parabolic Rally!Cardano ( CRYPTO:ADAUSD ) is perfectly following the break and retest: Click chart above to see the detailed analysis👆🏻 With an incredible +200% pump in November, Cardano is finally coming back to life after creating the bullish double bottom break and retest just a couple of months ago. Looking at previous cycles, this seems to be just the beginning of another +3.000 rally. Levels to watch: $3.0, $10.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ADAUSDLong
by basictradingtv
17
US30 in consolidation patter but will likely fall someUS30 is showing resilliance at support level 43700 with the entire day hovering on or around that support line. Price is currently within the trend line channel and and therefore would have to consolidate above that support area in order to maintain its levels. If price within the next 8 hours does not recover above the current support line it will likely fall some more. The next support level is at 43500. Look to short the US30 from a retest of the current support line to at least 43500. Make sure to set your TPs properly because it will be a fast fall to a rebound when it does. Follow me for more insights. Comment below for questions.
OANDA:US30USDShort
by leslyjeanbaptiste
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support: Click chart above to see the detailed analysis👆🏻 After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection. Levels to watch: $90, $180 Keep your long term vision, Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
15
Is Gold About to Make a Big Move?Here’s What to Watch: If Gold Breaks Above $2,721: We could see it climb to $2,900 or even $3,000! If Gold Drops Below $2,600: It might fall to $2,500 or even $2,400 before finding support and bouncing back. The Upside: If gold pushes past $2,721 and holds strong, it could mean big gains ahead. Keep an eye out for a run toward $3,000, but watch for pullbacks near that level. The Downside: A drop below $2,600 could mean trouble in the short term, with possible dips to $2,500 and $2,400. These levels might give gold a chance to settle before making its next move higher. Wellness Tip: Trading can be stressful, so don’t forget to take a break! A quick 5-minute breathing exercise can work wonders—breathe in for 4 seconds, hold for 4 seconds, and exhale for 4 seconds. This helps clear your mind and keep you focused. Kris/ Mindbloome Exchange Trade What You See
TVC:GOLD
by Mindbloome-Trading
Micron (MU) is Heating Up! Breakout at $114.52 and Soar UP Key Levels to Watch: Breakout Level: $114.52 Retracement Target: $122 Major Resistance Levels: First Target: $140 Final Target: $170 What to Expect: If MU can break and close above $114.52, we could see a retracement to $122, creating a solid base for the next leg up. Once it clears $140, the path to $170 becomes much clearer. This level will be critical for the bulls, and if it’s breached, MU could be in for an exciting run! Kris/ Mindbloome Exchange Trade What You See
NASDAQ:MULong
by Mindbloome-Trading
BTC/USD: Are We Heading for $115K, or Could a Big Correction?Good afternoon, trading family, Bitcoin is at a critical point right now, and the next few moves could define its direction for weeks to come. Let’s break down what we’re seeing: Upside Potential: $107,818: This is the key level to watch. If Bitcoin breaks above it, we could see momentum push us towards $115K. $115K-$117K: This is the big target for bulls—reaching this zone would confirm a strong breakout. Downside Risks: $102,794: A drop below this level could signal the start of a deeper pullback. $80K: This would be the first major support if we lose $102,794. $50K: While less likely, it’s still possible if selling pressure accelerates. Like, Comment, Follow for more Kris / Mindbloome Exchange Trade What You See
KRAKEN:BTCUSD
by Mindbloome-Trading
A quick look at gold and silver and a thank you to tradingview 12 16 24 I just did a video and now an hour ago it is more important than this video but I would like to thank tradingview for recognizing some of my wort. if you look up trading View you will see that it has 70 million followers... when I listen to my video I realized I said 40 million''' that's a lot of followers. the main reason for this video is that earlier today I said I would be looking for buyers in gold and silver and I thought that was important because they both took a big hit lower and from my perspective it's time for buyers to come in to their markets. but there are a few only a few caveats and I think it's important to recognize that it is okay to analyze the market.... make the conclusion that the market is going higher... but to come to the conclusion that it's not quite right for you or that here the trade location in addition to the bar patterns in real time don't make it an easy trade and that you should perhaps wait and not take a trade and therefore will not lose money which is an important consideration for every trade. I've taken the position after many years of dealing with bad trade location that it doesn't pay to take those trades but you should still assess those trades especially if some of them work and then you learn without losing money first that there are certain trades you might decide to take because you've had enough experience saying that this particular trade has been a problem for me but over the past 4 traits or 5 trades like this the market did work out in my favor if I take in it and I wanted to take this trade today and if I take the trade there is a stop that I can live with and I will not violate that stop.
COMEX:SI1!
by ScottBogatin
1
Gold silver Bitcoina oilTh.is is December 16th Monday. I know some Traders were frustrated with the drawdown in gold and silver and oil. I thought that the dxy had a chance of going lower even though I pointed out that there were no buyers based on 2 bar reversals and the price action of the dxy.I should have listened to the dxy but at least I understood That the dxy was trading for the buyers not the sellers. and the gold and silver were trading for the sellers.... and all you have to do is know where support and resistance are and where the buyers and the sellers are don't fight the 2 bar reversals even if you don't believe them as they will keep you out of trouble. this is especially true if you are in a trade... let's say that you are long on that trade...Favoring the sellers and there's a two-bar reversal suggesting that the market is going to go lower... take the profit. if you tend not to short the market meaning that you're opening a short position and then watch how the market moves and then appreciate that you spared yourself a drawdown when you got out of your long trade before you gave money back by holding your long position when the market was telling you otherwise. the charts show that there may be buyers and sellers for gold and silver and that you might want to look for trades in those two markets.
COMEX:SI1!
by ScottBogatin