30.10.24 Morning ForecastPairs on Watch -
FX:EURUSD
FX:GBPUSD
FX:EURNZD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Community ideas
i am short solana, not sure how long i'll hold it but want trackas the title says i am shorting the soylana probably a dumbass idea but ive entered now so there's no going back
MSTR - Next Stop $1I was going to say zero but I'll be nice and say $1. Saylor is going to bust MSTR like he did in the dotcom and take Bitcoin down with it.
MSTR back at Dotcom supply, I would not want to hold or buy this here, this won't get pretty I'm afraid.
EURUSD Set For Possible Bullish Breakout? Key Price Action Signa👀👉 EURUSD is demonstrating bullish momentum across the monthly, weekly, daily, and 4H charts. I'm closely watching for a potential buying opportunity, aligning with the key criteria covered in the video. In this analysis, we’ll pinpoint essential price action signals to track and outline strategic positioning for the next potential move. *Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
Long Signal EurusdStrategy
Eurusd
Long Signal
Investment
Real LIVE
The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.
Q3 Trade PfizerQ3 results for Pfizer were solid, with adjusted earnings and revenue surpassing expectations. The current drop in share price seems excessive and may be driven by liquidity concerns rather than underlying performance issues. The significant decline in expected sales for COVID products is concerning, but overall, the fundamentals appear stable. This drop could present a buying opportunity if it’s mainly a liquidity grab
Gold-Trade Plan -29/10/2024Dear Traders,
Gold has consolidated near the previous high during the Asian session. If the price fails to clear this resistance, we may see a retest of the 2700 support level. Alternatively, a successful breakout could target multiple resistance levels at 2771-2773, 2789-2790, and 2807.
Dont Forget Like&Comment please !
Regards,
Alireza!
updateToday, the price touched the ceiling of the channel for the third time with a relatively sharp movement, the movement started from the midline of the channel, there is a possibility of correction to the midline and even the bottom of the channel, a stable upward movement will be realized by exiting the channel
GOLD Moves: Key Levels to Watch TodayGOLD Analysis Overview
Current Market Levels:
The market is expected to sell off from the zone of 2780-2785.
A potential buy opportunity may arise from the zone of 2760-2755.
Intraday Trading Strategy:
Sell Zone: Monitor price action around 2780-2785 for potential short positions.
Buy Zone: Look for bullish signals around 2760-2755 for potential long entries.
Key Economic Indicator:
Non-Farm Payroll (NFP) Release: Scheduled for this Friday, which may significantly impact market volatility. Stay alert for potential price swings surrounding the announcement.
Trading Considerations:
Be cautious and prepare for increased volatility as NFP data is released.
Implement proper risk management strategies to mitigate potential losses.
Conclusion: If you find this analysis valuable, consider sharing it with your trading community to enhance collaborative insights.
Ideal Time to Short Gold Overnight—Exercise CautionGold is now ready for another short (sell) position, with the option to hold overnight and plan to close tomorrow. Please be mindful of the risks as you trade and ensure your strategy aligns with your individual risk tolerance—stability is key to success!
30 Oct - Ranging, but buy biasConsidering the 1H, 4H and 1D overlapping buy zones, it confirms that a drop below this area will be very difficult, and for this reason I am planning for this movement
Trading Signal For ETHUSDT Trading Setup:
A Trading Signal is seen in the ETHUSDT Ethereum (Futures) (1h)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 2591.0
⭕️SL @ 2552.2
🔵TP1 @ 2749.5
🔵TP2 @ 2907.0
🔵TP3 @ 3021.6
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ETH LongAs expected price is moving in the direction of a breakout from the upper channel of the symmetrical triangle.
Long opportunity if price retraces back to the demand zone between 2560 and 2600
Gold Short: Pullback from Overbought HighsCurrently, Gold (XAU/USD) is showing signs of nearing overbought levels, with price action testing the upper resistance channels on the 30-minute timeframe. A descending trendline aligns with key Fibonacci retracement zones, suggesting a potential reversal opportunity from recent highs around $2,764. In this setup, I’m monitoring price action around the trendline for any signs of rejection, which could indicate the start of a short-term downward movement.
The Relative Strength Index (RSI) is approaching overbought territory, currently close to 69, which often signals an imminent pullback. This, combined with recent highs, gives a strong technical basis for a short position targeting a reversion to lower support levels.
Fundamental Context:
Fundamental factors are adding weight to this setup. Market sentiment remains risk-off due to persistent geopolitical uncertainties in the Middle East and a closely watched U.S. presidential election, both of which have driven safe-haven demand for Gold. Additionally, there is a 96% market expectation for a Fed rate cut of 25 basis points, creating a low-interest rate environment, further supporting bullish Gold sentiment.
However, despite these bullish drivers, any signs of easing in geopolitical tensions or unexpected outcomes in the Fed’s rate decision could diminish the upward momentum. Combined with RSI overbought conditions, this presents a tactical opportunity to capitalize on a potential corrective move in Gold’s price.
Trade Plan:
1. Entry: Short position near the $2,755 resistance level.
2. Stop Loss: Set above the recent high around $2,770 to guard against a false breakout.
3. Target: Initial target at $2,720, with potential to add partials or adjust if price action shows signs of reversal.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Bitcoin / TetherUSHello community,
Small daily chart on BTC.
I have displayed the accumulation zones.
The historical high is at $73,777, I think we will go for it.
The 200-period simple average is flat.
Not being a crypto specialist, my analyte may be wrong.
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
Bharat Heavy Electricals (BHEL) Long Trade Setup on RisologicalTrade Setup: A long trade setup has been identified with entry and target levels charted. As of now, none of the targets have been reached.
Entry Point: ₹229.73
Stop Loss (SL): ₹220.21
Target Levels (Take Profit):
TP1: ₹241.48
TP2: ₹260.51
TP3: ₹279.53
TP4: ₹291.29
Technical Indicators:
Risological Trend Line (Dotted Line): The dotted trend line acts as dynamic support, helping to confirm the bullish momentum. If price continues to respect this line, it may support a potential upward move toward the targets.
Volume Analysis: Current volume stands at 29.44M, higher than the 30-day average volume of 19.17M, indicating increased trading interest and potential momentum in favor of this setup.
Fundamental Context: With the next earnings report scheduled in 100 days, this setup is primarily based on technical indicators and market momentum. The solid market capitalization of ₹800.18B indicates BHEL’s stable position, possibly attracting institutional interest.
Outlook : Watching for price action near the Risological Trend Line. If volume sustains and price respects this support, there’s a high probability of achieving TP1 and moving towards higher targets. Traders should monitor price reaction near TP1 for any signs of resistance or breakout continuation.
GBP/JPY Ready to Catch the Next Move!GBP/JPY remains in an overall uptrend on higher timeframes. On the M15 chart, we are currently watching for buying opportunities after a breakout of key levels. Special attention is on a potential fakeout at the support zone, where, after a confirmation of the bounce, we could look for entries for long positions. Confirmation of the signal will be crucial to maintain the positive direction in line with the broader trend.
Gold 1H Intra-Day Chart 28.10.2024Gold did push up which we did say would be a possible option. Currently at a new ATH of $2,774! Here is what I am looking for next;
Option 1: Gold bullish momentum now slows down & starts dropping towards $2,718.
Option 2: Gold pushes a little higher towards $2,785 next.
BTC Potential Plan !BTC / USDT
Summary :
BTC finally made its first HH and HL after 6 months being in bearish pattern
What next ?
Correction started and i still think we will get strong bullish wave but first we have high chance to take liquidity at 59.2k or even 57k because there are much liquidity there and also won’t invalidate our pattern (HH and HL)
After that a full bullish wave is expected to 73k as first target
Invalidation of bullish plan : lose 52k daily
Do u agree ?
Let me know in comments section below 👇
MRNA - long positionhi traders,
Let's have a look at MRNA stock on the weekly time frame.
As we can see, the price is retesting the COVID lows from 2020 which haven't been retested yet.
The RSI is very oversold and we believe that the trend reversal is likely.
Our strategy is to take a long position now around 55$.
Stop loss should be placed below 50$
Our target is at the golden pocket fibonacci which is around 126$.
#DOGEUSDT: Massive Bullish Move or Major Reversal Ahead?Yello, Paradisers! Are we on the verge of a massive breakout on #DOGEUSDT, or is a reversal looming?The stakes are high, so let’s dive into the analysis and find out what's next.
💎#DOGEUSDT has recently broken above a key resistance level, marked by big green candles, showing strong bullish momentum. If this momentum holds, we may see a significant rally, especially after a potential retest of this resistance (which could flip to support). This would be our ideal setup, as a confirmed support level offers a prime entry for a bullish position.
💎To lock in a high-probability trade, we're watching for a clean retest and avoiding premature “sniper entries.” Once the retest completes, and if price action picks up again with strong engulfing candles, we’ll enter our trade confidently. Until these signals appear, however, staying cautious and resisting the urge to jump in early will keep us protected.
💎Still, there's always the risk of momentum fading. If #DOGECOIN fails to retest at $0.14887 or shows signs of weakening, sellers could gain control. The key level to monitor is the lower support at $0.12709, a historically strong barrier. A bounce here would keep the bullish outlook intact, but if price breaks below $0.12709, the bullish setup could be invalidated, potentially leading to a sharper decline.
The next move will be pivotal, Paradisers. Whether we see a breakout or a reversal, maintaining a disciplined, strategic approach with robust risk management will give us the edge. Patience and a well-executed plan will separate the winners from the rest.
MyCryptoParadise
iFeel the success🌴
