DASHUSDT Long Setup Setting / Targets and Plans📈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:28.66-29.08
⚡️TP:
29.61
30
30.50
31.10
🔴SL:
27.69
🧐The Alternate scenario:
If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Pivot Points
BTC is still bullish (15M)By maintaining the green range and not closing the 4-hour candle below the invalidation level, Bitcoin can reach the level of 94K.
Everyone is waiting for Bitcoin and the market to fall, but the weekly and medium-term charts say something else.
However, manage risk because smart traders always manage risk.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Solana - 15 min Elliott Wave AnalysisGreetings, this is an update to my 15 min count.
I changed the count slightly from an ABC to an WXY as the Wave 2 in the previous C retraced to the 0.886 FIB which makes it less likely. In the WXY we already finished the W and the X and started working on the Y wave. The Y wave is an ABC of which Wave A and B are done with B hitting the 0.886 FIB. Wave C in yellow is ongoing and we might have finished Wave 2 of yellow C. We added the Wave 2 resistance for the yellow C wave and it sits between the 0.5 FIB at 242.93 USD and the 0.786 FIB at 245.54 USD. We do not want it to hit the 0.886 FIB at 246.46 USD.
We also added a trendline which a break of could indicated that yellow Wave C is following through. On the chart you can see the targets for yellow Wave C sitting at the 1 to 1 FIB at 233.32 USD, the 1.236 FIB at 229.97 USD, the 1.38 FIB at 227.93 USD and the 1.618 FIB at 224.56 USD. We preferable hit the 1.618 FIB at 224.56 USD but we wanted to show you the other potential targets too. :)
Noteworthy ist that the 1.618 extension for the Wave Y in the WXY is in confluence with the 1.38 FIB target of yellow Wave C at 227.93 USD.
Wave 2 support of the green Wave 2 stays unchanged and still sits between the 0.382 FIB at 230.78 USD and the 0.786 FIB at 218.57 USD.
Thanks for reading.
NO FINANCIAL ADVICE.
AUD/USD: Seeking dips for move to 66cAUD/USD has risen for a thirds day from its multi-week low, and shows the potential to head for 66c It is the second day in a row the market closed just off its daily high and the daily RSI (2) is not yet overbought.
However, the October high makes a likely interim resistance level which could spark a pullback before dip buyers return. Bulls could seek dips down towards the weekly pivot near 0.6500 in anticipation of its next leg higher, with 0.6560, 0.6584 (November VPOC) and the 0.6600 handle coming into focus.
*SMC* NYKZ spans 4 deviations of the Asian Session - And OftenSo Today was a day that Nasdaq Futures or most of Nasdaq charts decided to make a typical run that itusualy makes at least once or twice a week. And that run is the spance of 4 deviations of the original Asian Session.
As you can see I put the original Asian Session in the yellow box. Prior to the open I thought it would do this except I was 1 deviation off. I thought it was going to stop at one deviation below and run two deviations up.
However, after watching it closer, I could see that the 5:00 a.m. wouldn't be it's low point. There were other somewhat equal lows. And I could see that the price was going to continue dropping until it hit the Bullish Order block just below the second deviation of the Asian session.
After It dropped to the bottom of the Bullish Order Block, the time was 10:00 a.m. NY time, the ypical time it wil reverse. Pay attention to these times.
At that moment I put on a long and just wanited until It was either going to two deviations and then I was going to take 75% off my position and let move the stop loss to even and let the last of it run. And so I did. Infact, I actually let it run up to the third deviation because it had the high to beat.
This setup happens often. And I'm giving y'all a gem. Please use it to your advantage!!
Thank you!!
CME_MINI:NQ1!
Gold Can Fall After Testing the Trendline Hello 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
CD Projekt | CDR & Phantom Libertywhat a nice long and what a great day, hows tradin so far Chooms?
cyberpunk dlc phantom liberty coming on September 26th 2023 and cant wait to play this gem
as usual CDPR going to sell million of copies and making hundreds millions of dollar so for me CDR still is safe and good place to printing more money. 2023 is a great year to buy the dips and enjoying 2024 after that
The S&P 500 just hit me with a 'deja vous' - gains to follow?Once every so often I look at a chart and instantly get struck by a familiar pattern, which is exactly what happened today with the S&P 500 futures chart. And with asset managers firmly backing the ES1! futures market, I'm not on guard for a bounce form support. Just as long as Nvidia earnings allow.
MS.
Solana - 15 min Elliott Wave AnalysisGreetings, this is currently my primary scenario for Solana but I'll also upload a second analysis with a back-up scenario so we're prepared for whatever happens! :)
It looks as if Solana is forming an Elliott Wave Triangle on the lower timeframes which would finish a higher timeframe Wave 4. The most bullish scenario would be that Waves A-B-C-D are done and we are working on Wave E. We could go up right away if Wave E undershoots but I doubt that as we haven't seen any bullish reaction yet.
The optimal Target for Wave E is between 212.49 USD and 208.23 USD.
It is worth mentioning that we got plenty of FIB overlaps between 210 and 211 USD which additionally is the golden pocket. Below the golden pocket we also do have the weekly open at 210.07 and the daily open at 209.57 which could function as further support.
I wouldn't be surprised if the price goes to the 1.618 extension at 207.94 USD which does overlap with the 0.786 FIB of Wave C-D and the trendline of the triangle as the previous waves always hit the 0.886 or the 0.786 FIB from the previous waves.
If the triangle breaks down we'd be looking for a deeper Wave 4 or a Wave 2 which I'll discuss in detail in the following analysis. The Wave 4 support is between 200.34 USD and 172.52 USD and Wave 2 support is between 190.18 USD and 170.14 USD. The technical price target of the triangle would be around 185 USD. With a break below 160 we have to assume that something more bearish is going on.
Thanks for reading.
NO FINANCIAL ADVICE.
Solana - 4H Elliott Wave AnalysisGreetings, this is my 4H count for Solana.
Currently we are working on the 5th Wave of the white 5 Wave move up which would finish the blue Wave 3. We did hit the first target for the blue Wave 3 at 137.19 USD but it seems we have the potential to go a bit higher.
You can see the support area for the wave count within the white Wave 5. We assume that the white Wave 5 is in the making as long as we stay above 215 USD.
We added further targets for the blue Wave 3. Next targets are the 1.236 FIB at 262.14 USD, the 1.38 FIB at 278.63 USD and the 1.618 FIB at 308.20 USD.
Noteworthy is that the 1.236 FIB at 262.14 USD is right above the ATH.
Additionally we got some more FIB confluences between the 1.236 FIB and the 1.38 FIB.
We got a higher degree target at the 0.786 FIB at 268.91 USD and at the 1.618 FIB at 265.89 USD. The 0.786 FIB target of the white Wave 5 is also at 267.20 USD.
After we top in the blue Wave 3 we want to see a pullback in blue Wave 4.
Currently the support area for the blue Wave 4 is between the 0.236 FIB at 218.13 USD and the 0.5 FIB at 184.22 USD. We do not want to drop substantially below the 0.618 FIB at 169.06 USD.
The blue Wave 4 support area will move up if we get a higher blue Wave 3.
If you are interested in a more detailed count of the white Wave 5 it is recommended to read my last Solana publishing called "Solana - 1H Elliott Wave Analysis".
Thanks for reading.
NO FINANCIAL ADVICE.
GBPNZD Pushing itself in a buy directionHello 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 EURNZD 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
Solana - 1H Elliott Wave AnalysisGreetings, this is my newest update and count for Solana :)
Recently we broke out in an Elliott Wave Triangle which finished the white Wave 4 and we started working on the white Wave 5. I count the breakout as the green Wave 1 and currently we are working on the green Wave 2 in an ABC where we finished the red Waves A and B already.
The blue Wave 2 Support sits between the 0.382 FIB at 230.78 USD and the 0.786 FIB at 218.57 USD.
As the red Wave A nd B are in we can calculate the optimal target area for red Wave C.
The red Wave C optimally terminates between 227.38 USD and 221.41 USD.
The target area for C is showed as a box within the blue Wave 2 support.
Noteworthy is that the optimal target of Wave C is in confluence wit the golden pocket of the blue Wave 2. A rare target for the red Wave C would be the 2.618 extension at 215.59 USD marked dark red here right below the triangle trend line but this would break our blue Wave 2 support and shift probabilities to that we already topped out in the white Wave 5 and started a pullback.
We added an additional target area between the 0.618 FIB at 255.45 USD and the 0.786 FIB at 267.20 USD to look out for if we move higher.
Noteworthy is that the ATH is within that target area and this ATH could serve as resistance.
The 0.786 FIB at 267.20 USD is also in confluence with higher timeframe FIBS at 268.91 USD and at 265.89 USD.
Be aware that if we break the ATH we will enter price discovery.
Thanks for reading.
NO FINANCIAL ADVICE.
Gold is in the Bearish Direction after Formation ManipulationHello 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
XAUUSD - Buy Gold!?The US dollar gained strength again last week due to the effects of Trump being elected as the next US president. Considering that the Republican Party will control the US Congress in both the House of Representatives and the Senate, it is expected that the implementation of Trump's pre-election promises will easily become law.
The new US president wants drastic cuts in corporate taxes and tariffs on goods imported from around the world, especially from China. From the point of view of the financial community, these actions could increase inflation and prevent the Federal Reserve from lowering interest rates in the future.
US inflation data in October indicated the persistence of price pressures. Also, Federal Reserve Chairman Jerome Powell recently stated that there is no need to rush to cut interest rates. This has led some market participants to believe that interest rate cuts will stop in the near future.
Mark Leboitt, publisher of VR Metals/Resource Letter, commented: "Gold's price correction is happening as expected, with a possible drop to the $2,300 level, although the long-term view remains to reach $3,700. considers
"Right now, gold is oversold, so we're likely to see a correction," he continued. In such a situation, buying at weak price points for long-term positions and doing short-term transactions with a buying approach can be considered a suitable strategy.
Darin Newsom, senior market analyst at Barchart.com, said: "For the coming week, an upward trend is expected. The excitement and frenzy surrounding the recent US election is likely coming to an end, which means the market will face new uncertainties. In such a situation, gold can once again be considered as a safe asset by investors and can be bought as a hedge against the volatility of other market sectors, especially the stock market.
This week for the US we have S&P Global manufacturing, services and composite PMI data to watch out for. The beginning of the easing cycle in September and the first reduction in interest rates have revived hopes for the improvement of data such as PMI, and economic activities are expected to improve, especially in the manufacturing and industrial sector, with the continued reduction in borrowing costs. Therefore, although we cannot expect a significant improvement in the short term, we can hope for the improvement of the production sector in the future and gradually.
In addition, the speeches of several central bank officials are also of particular importance to traders, as they try to get indications of the speed and possible depth of interest rate cuts. Among the important speeches of the week, we can mention Goolsby's statement on Monday and his appearance again with Hamek on Thursday.
XLM going to $0.15 and then crashing over 40% ( BELOW $0.10 !!!)Hey,
It's all in the chart.
- Please like/boost if you agree and comment as it encourages me to continue sharing my ideas - My thoughts are not financial advice - Consult with a registered investment advisor before making any investment.
Bye for now,
@BeYour0wnBank
NVIDIA's Price Action: The Strat Analysis & Key Levels (4-Hour)Candlestick Patterns:
The chart shows 4-hour candlestick patterns with colors corresponding to price movement:
- green fill and green outline indicates price closed above candle open price
- green fill and red outline indicates price closed below candle open price
- red fill and green outline indicates price went below previous candle low but closed above current candle open
- red fill and red outline indicates price closed below previous candle and current candle low
- yellow is the color for a consolidated candle (aka "1" or inside bar)
- blue is the color for the "3" candle that went above and below previous' candle high and low
The numbers "1," "2," and "3" likely represent The Strat methodology, a popular trading framework:
1 (Inside Bar): Price action is contained within the previous candle's range.
2 (Directional Bar): Price breaks either high or low of the previous candle.
3 (Broadening Formation): Price takes out both the high and low of the previous candle.
Support and Resistance Zones:
Multiple horizontal lines represent key support and resistance levels:
- Yellow lines indicate historical highs/lows or significant levels (e.g., "Previous All-Time High Zone").
- Red and blue lines mark specific levels like the "Open WK" or "ABR1 Upper,"
- Labels such as "High of Day," "Previous Weekly High," and "Previous Daily Low" provide context for recent price action.
Broadening Formations:
- Diagonal white lines identify broadening formations, consistent with "The Strat." These formations reflect expanding ranges, suggesting increased volatility or market indecision.
Key Dates and Events:
- Specific dates and times, such as "4hr Mon, Nov 11 @ 1:30 pm," appear next to significant price levels, helping to pinpoint areas where the stock reacted strongly.
Indicators:
- ATR (Average True Range) and DTR (Daily True Range) values are shown at the bottom right:
- ATR: 4.58 — Indicates the average price movement range over a period.
- DTR: 5.16 — Suggests the range within the day (113% implies higher-than-average volatility).
Directional Signals:
- Green and red arrows identify potential buy and sell signals based on the methodology applied, likely aligned with price action breakouts or reversals.
Analysis:
- Trend: The stock has moved from consolidation (inside bars and 2s) to a broader upward trend with several green directional bars (2-ups). However, recent candles show retracement and potential consolidation.
Key Levels to Watch:
- Resistance: $148.68 ("Open WK") and $149.77 ("Previous Weekly High").
- Support: $140.08 and $137.33 ("Low of Day, Tuesday, Nov 5").
- Volatility: Broadening formations and ATR/DTR metrics suggest significant volatility in the price action.
Potential Trading Setups:
- Look for directional moves off major levels (e.g., $148.68 and $140.08).
- Monitor broadening formation boundaries for potential reversals or breakouts.
BTCUSDT BULLSIH FLAG PATTERN BTCUSD weekly chart shows a bullish flag was formed and the price did not close below the 50 EMA .price formed a weekly candle with long wick and managed to close inside the channel and above 50 EMA which indicate that a strong bullish momentum was started followed by the bearish indecision candle due to market fear and greed's and uncertainty but its low was not below the 50% of the previous week. The the next weekly candle was showing strong bullish momentum again but the price is still below the POC and upper channel trend line and MFI is below the 50 level.
If the price closes above 64628 and able to continue that for next seven days and as long as monthly MFI is above 50 level we will have a monthly bullish candle as a confluence.
On a weekly chart , if the price manages to break up above the POC and the channel while MFI is above the 50 level then the uptrend will continues strongly . 21/50/100/200 EMA's shows that the bullish momentum is increasing .
Upper Fib extension levels can be used as price target after breakout .
Invalid On Chart
Good LUck
KAVA is really bullishWe have signs of a trend reversal at the bottom for KAVA.
Many buy orders have been collected. In our opinion, the upcoming resistances will be broken and the price will reach the red box.
The target is a red box.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You