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Brent Outlook: Key Levels for Downside or Bullish ReversalHello, BLACKBULL:BRENT is likely to face more downside if the 1D PP acts as resistance again. In that case, the price may revisit previous lows at 70.754 and 68.675. A break and sustained move below these levels will confirm further downside. However, a break and hold above the 1M PP could signal a bullish reversal and open the door to further upside. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
BLACKBULL:BRENT
by TradeWithTheTrend3344
Gold CFDs: Strategic Buy and Sell InsightsAlexGoldHunter FXOPEN:XAUUSD Technical Analysis and Strategy for CFDs on Gold (USD/OZ) Technical Analysis: Price Action and Trend Lines: The chart shows a downtrend with lower highs and lower lows, suggesting bearish momentum. The price is currently around $2,635.779, showing a slight decrease of 0.651 (0.02%). Support and Resistance Levels: Resistance Levels: $2,659.460, $2,655.641, $2,655.604, $2,647.680. Support Levels: $2,622.765. Volume Profile: High trading activity around $2,650.000 suggests strong support/resistance at this level. Indicators: RSI (Relative Strength Index): 37.87, indicating approaching oversold conditions. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, with a bearish crossover and both lines trending downward. BOS (Break of Structure): Multiple annotations indicating significant price movements breaking previous support or resistance levels. FVG (Fair Value Gap): Areas where the price moved rapidly, leaving gaps that might be filled later. ChoCH (Change of Character): Indicates potential reversal points. Buy Strategy with Confirmations Entry Point: Look for a reversal signal around the support level at $2,622.765. Confirmations: RSI below 30, indicating oversold conditions. Bullish candlestick pattern (e.g., hammer, bullish engulfing) near the support level. MACD bullish crossover (MACD line crossing above the signal line). Volume increase on bullish candles. Stop Loss: Place a stop loss slightly below the support level at $2,622.765. Take Profit: Set initial take profit at the nearest resistance level, $2,647.680, and adjust based on price action. Sell Strategy with Confirmations Entry Point: Look for a continuation of the downtrend after a pullback to resistance levels around $2,647.680 or $2,655.604. Confirmations: RSI above 70, indicating overbought conditions. Bearish candlestick pattern (e.g., shooting star, bearish engulfing) near the resistance level. MACD bearish crossover (MACD line crossing below the signal line). Volume increase on bearish candles. Stop Loss: Place a stop loss slightly above the resistance level at $2,655.604. Take Profit: Set initial take profit at the nearest support level, $2,622.765, and adjust based on price action. This analysis provides a comprehensive view of the current market conditions and potential trading strategies based on technical indicators and key levels. If you have any further questions or need additional analysis, feel free to ask! 😊
TVC:GOLD
by Alexgoldhunter
Arweave ($AR) Reversal in Play: Eyeing $60!BINANCE:ARUSDT (Arweave) is showing signs of a potential reversal after the week of November 4th. While I’m a bit late to the entry, I’m watching for an optimal entry point to capitalize on potential upside. Strategy: Entry Point: Looking to enter below $22 Confirmation: I plan to buy on a weekly close above $23.4. This would confirm the reversal and suggest stronger upward momentum. Target Price: Aiming for $60 in the medium-to-long term, should the bullish momentum continue.
Long
by ZelfTrade
1
BTC Secondary Trend. Gann trend fan 2024-2026. TriangleLogarithm. Time frame is 3 days. Nothing new, everything is the same as previously shown in 2022 (the main trend), targets, logic and so on. Major trend . BTC/USD Secondary Trend Cycles and Halvin g 1 07 2022 In the present ideas, at the moment now clearly showed this triangle in the range of dynamic support/resistance of the Gann fan (that is, the development of the uptrend phase participation to distribution). Vertical lines. The site does not display vertical dates if for a long period, Before publication the dates (time zones) are displayed on the chart, after publication they are not. These are the times of trend reversal zones. Local trend and this reversal zone. BTC/USD Triangle. Medium term and local work 07 06 2024
Long
by SpartaBTC
1
BTC monthly Camarilla PivotsWith a new month comes new levels and while we are in a bullish structure it is good to exercise caution here. We opened up in the middle of the L3 and H3. These are the areas where generally bitcoin will reject of or bounce from. So waitng to react at one of these levels might be a safer course of action as it is not always clear which one will come first in instances like this. I would be interested in seeing a test and bounce from L3 and Central pivot around L3. This is the most reasonable pullback area. I included macro breakout levels although with how wide our ranges are as they are based on previous months price action I think it unlikely they will get exceeded this month
by Gunslinger2005
USDCAD Buying IdeaHello Traders In This Chart Usdcad HOURLY Forex Forecast By FOREX PLANET today USDCAD analysis 👆 🟢This Chart includes_ (USDCAD market update) 🟢What is The Next Opportunity on USDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Channel
Long
by ForexMasters2000
1
GBPCAD is ready For a Long BuyHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Long
by ForexMasters2000
1
GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPCAD is ready For a BuyHello Traders In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET today GBPCAD analysis 👆 🟢This Chart includes_ (GBPCAD market update) 🟢What is The Next Opportunity on GBPCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Long
by ForexMasters2000
GBPJPY is in the Down TrendHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPNZD is in Selling Direction Hello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on GBPNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
AUDUSD Long Term Selling Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
by ForexMasters2000
Gold is in the bullish directionHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
Orange Breaks, We Fly. Blue Falls, We Dive. The chart highlights two critical regions, each playing a pivotal role in determining the next trend direction for IBIT Bitcoin shares: Orange Box - Key Resistance Zone The orange box represents a crucial resistance area. For the rally to sustain momentum and push higher, this region must be decisively broken and secured. A close above this level, coupled with strong volume, would indicate the bulls are in control, signaling a potential continuation of the upward trend. Blue Box - Key Support Zone The blue box acts as a significant support level. Should the price fall below this zone, it would suggest weakness in the market. A confirmed breakdown, followed by a retest of the orange box from below, provides an opportunity to take a short position, as this would signal the onset of a downtrend. Conclusion: These zones are pivotal for the current market structure. Traders should closely monitor price action around these levels to identify whether the market leans towards bullish continuation or bearish reversal.
NASDAQ:IBIT
by XU99
New alt postion Well (moonwell)After realizing we are about to be in full blown alt season I am adding some risk and spreading some bets. Well is a more fundamental pick for me, they are on two popular chains, base and moonbeam. They also have a high amount of TVL in their stablecoin lending products. I have started to deploy my USDC into this risky bets. TA wise I like this setup, we see a break from a rising bottom, and higher highs. Plenty of room on the weekly stochastic, and BBWP is not at extremes.
Long
by Apollo_21mil