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CAKE Secondary trend. Potential for this alt season #2. 11 2024Logarithm. The main trend, published more than 1.5 years ago. CAKE Basic trend. Working with reversal zones. Money management . 6 08 2023 The level zones are identical as before and now, nothing can change. The main trend now without “market noise” and the average price of this cycle distribution. Secondary trend. The price has left the descending channel and has gone sideways. The price is drawing a large double bottom. The first local target is its resistance. Then a big pump. Exit the position before everyone else before the key resistance levels. Local trend . There is an exit with accumulation by impulse +50%. Now the prices are near the minimum of the trend in comparison with the huge pumping potential.
Long
by SpartaBTC
9
USDCAD Trend Shifts: Testing Key Support LevelsHello, FX:USDCAD is likely to experience further downside as the trend gradually shifts from bullish to bearish. The 1M/1W support levels are expected to be tested once again. For this scenario to materialize, it’s crucial for the price to remain consistently below the 1W pivot point. If it stays comfortably above that level, we could see more upside movement. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
NZDUSD Eyes Upside as USD FaltersHello, OANDA:NZDUSD has experienced significant upside and is now poised to rise toward the 1M PP. While the market still has a bearish undertone, it is likely to turn bullish soon. The price has established itself above the 1W/1D resistance levels, which is a promising indication. A key resistance to watch is at 0.601404. As highlighted in the previous analysis, the USD has weakened. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
GBP/USD: Bullish Momentum Towards Key Resistance LevelsHello, FX:GBPUSD has reached a fresh 1-week high from the 6-month low of 1.24872. While the pair remains overall bearish, it has established itself above several resistance levels and pivot points. We anticipate further upside towards the 1-month pivot point initially. From there, the next move will depend on how the price reacts. Key resistance levels at 1.28499 and 1.29493 should not be overlooked as potential turning points. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
USDJPY Testing Key Levels: Potential for Downside MoveHello, FX:USDJPY has faced a price rejection at the 1W Pivot Point, leading to a downside move as highlighted in the previous analysis. Currently, the pair is testing the 1M Pivot Point, which could act as resistance. If this level sees a rejection, the price may move toward 140.053, with 146.031 serving as a strong support zone. While buyers are stepping in aggressively at this stage, their actions may be premature given the current market conditions. A clearer decision can be made once the 1M Pivot Point has been thoroughly tested. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
EUR/USD: Bearish Trend Meets Bullish SignalHello, FX:EURUSD pair presents an interesting scenario. While it remains bearish across all major timeframes, an initial signal for potential upside has been triggered at the 1W pivot point (PP). At this stage, the key focus is on a decisive breakout above the 1D/1W resistance levels to confirm a continued move upward toward the 1Y/1M pivot points. The likelihood of further upside is not just plausible but increasingly anticipated! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
XAGUSD Hits 1M Low, Bearish Pressure LoomsHello, OANDA:XAGUSD has reached a fresh 1-month low at 29.64, with the 1-week pivot point acting as resistance—typically a signal of further downside potential. Despite this, the long-term trend remains bullish. A key indicator of sustained bearish momentum would be if the price stabilizes below 29.64. Additional resistance tests are likely, even though the market recently achieved a new 1-year high. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
OANDA:XAGUSD
by TradeWithTheTrend3344
XAUUSD: Upside Likely Unless 1D PP FailsHello, OANDA:XAUUSD has found support at the 1D Pivot Point (PP) and is once again testing the 1W PP, which appears to be serving as a resistance level. The key question now is how much further downside might be anticipated. In short, further upside is likely unless the price breaks and stabilizes below the 1D PP. While market sentiment leans toward risk-off, any downside is expected to remain minor unless the 1D PP later becomes a resistance level. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
OANDA:XAUUSD
by TradeWithTheTrend3344
SPELL is set for a bull run aheadThe liquidity pools are located at the top of the chart. The upper pivots have been used up. This is suitable for Spot trading. After clearing 0.00014580, we can initiate a BUY when the price returns to the green zone and hold the position until it reaches the red zone. To manage risk and control traders' emotions, target levels have been provided where traders can take profits in stages and move their stop-loss higher. A candle closing below the invalidation level will invalidate this analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
IOTAUSDT Long Setup Setting / Am I going to let you lose?BINANCE:IOTAUSDT CRYPTO:IOTAUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.2189 (Close it if you don't want to lose any) 0.2282 🔴SL: 0.2030 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Will Bitcoin Hit ATH Before Halving?I posted a Log Regression when #Bitcoin was 15k. I publish now when it is 62k. So CRYPTOCAP:BTC has already done x4. What now? Shall we break the ATH? Let's consider the pros and cons. This is why yes: ➕Increasing global liquidity. ➕So far, positive flow from ETFs. Here's why not: ➖Strong overbought ➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season. ➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part. 💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
BNC:BLXShort
by FeelsStrategy
1
Gold is in the bullish direction after correcting the supportHello 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
XAU USD - current sells in play, looking for buying ops Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV
FOREXCOM:XAUUSD
by LupaCapital
ASX 200 futures could tease bears at these highsThe ASX 200 futures market has struggled to retest 8500, after a brief and uninspiring spell above it. Overnight gains on Tuesday were seen on low volumes, and Wall Street indices have provided a weak lead today. A bearish divergence has also formed on the daily and 1-hour chart. While prices have rebounded from the weekly pivot point, price action looks corrective. Hence the bias for it being a corrective channel that could break to the downside. If we see prices rise at the open, I am on guard for it being a 'last hurrah", which could make it a suitable market to fade into with a stop above the record high. The weekly pivot (8390), weekly VPOC (8348) and weekly S1 around 8300 make viable downside targets for bears. MS
ASX24:AP1!Short
by CityIndex
Profitable Support and Resistance Strategy for Trading Forex This support and resistance strategy works on any forex pair and gold. It is simple and profitable and it is the best trading strategy for beginners. In this article, I will share with you a step-by-step guide for trading this strategy. You will learn entry rules and important theory. First and foremost, in order to profitably trade support and resistance levels, you need to know how to identify them. You should know how to distinguish a significant structure level. I believe that you should look for a strong support or resistance strictly on a daily time frame. That structure should be historically significant. It means that it should be respected by the market at least 2 times, with a strong and clear reaction to that. Here is the example of a key support on EURUSD. The underlined key level was respected as the resistance, first, then, after a breakout, it turned into support and a strong bullish reaction followed. Above, you can see a perfect horizontal resistance level that was respected 2 time in a row in the recent past. Support and resistance levels that I showed you are truly significant. But, trading more than 9 years, I realized that the historic reaction of the market to a key level is not enough to make it reliable. I found one more important condition that strengthen a key level - a market trend. We will trade only supports that align with the market trend, meaning that we buy from such a support, if only the market is trading in a bullish trend. In the example above, NZDUSD is trading in a clear bullish trend on a daily. If we buy the market from the underlined support level, we will take a trend-following trade. That will be the best support level for buying the market from. We will trade only the resistances that align with the market trend. It means that we will sell from the resistance, only if the market is trading in a bearish trend. Look at AUDUSD on a daily. The pair is trading in a bearish trend. The resistance that I underlined will be valid for selling from, because shoring from that, we will trade with the trend. Please, realize that if you sell the market that is in an uptrend from a resistance level, you will go AGAINST the trend. The probabilities of winning such a trade will always be lower. You can see the EURNZD went through a resistance level, completely neglecting that, because the market trend was bullish. Buying a key support in a bearish trend, we will take a trade against the trend. Such trades always have lower accuracy. A key support on EURCAD was easily broken because the market was trading in a bearish trend. Now, let's discuss th e entry point, stop loss placement and target selection. Once you identified a key resistance in a bearish trend, set a sell limit order on that. On EURGBP, the market is trading in a bearish trend on a daily. We see a significant resistance that meets our criteria. We should set a sell limit order on that. Stop loss for the trade will be 0.5 ATR. I simply take the default ATR settings with 14 Length. In our example, ATR is 27 pips. Our stop loss for the trade will be 14 pips above the entry level. Take profit for the trade will be the closest support. Here is the closest support that I spotted on EURGBP. It will be our TP level. You can see that the market perfectly reached the target. Once you identified a key support in a bullish trend, set a buy limit order on that. I see a perfect daily key support on EURJPY pair. The market is trading in a strong uptrend. A buy limit order should be set on that level. Stop loss for the trade will be 0.5 ATR. ATR is 139 pips. Our stop loss will be 70 pips. Take Profit will be the closest daily resistance. 311 pips of profit were made. Market trend is always your friend . The rule to trade support and resistance levels only in the side of the trend is very simple, but many newbie trades neglect that, and lose a lot of money. Try this support and resistance strategy, back test it on different forex pairs and let me know your results. Thanks for reading! ❤️Please, support my work with like, thank you!❤️
OANDA:XAUUSDEducation
by VasilyTrader
20
Is SPX500 Poised for an Upward Movement?OANDA:SPX500USD Daily Chart Current Price: 5,812.8 Analysis: Falling Broadening Wedge: Upon analysing the daily chart, the price is forming a Falling Broadening Wedge pattern, which typically indicates a continuation of the prevailing trend. This pattern often suggests increasing volatility, leading to a potential bullish breakout if the price breaches resistance levels. Support Levels: • 5,703.1 • 5,625.0 Resistance Levels: • 5,937.5 • 6,015.6 • 6,097.0 Happy Trading! Stay tuned for further updates and insights.
OANDA:SPX500USDLong
by SpicyPips
1