EURGBP - following the trend (down)Well, this one says it all. Why complicate things when the market is saying it is simple? To me, this one seems clear (now, at this time, today! No crystal balls here).
- Downward channel with good top nd medium levels, missing well defined two separated price points for a clear support line.
- Clear and strong reaction to resistance last week.
- Price consolidated for quite a number of hours and seems to be breaking out in the 1H chart.
Potential move to 0.823 deserves an 8 on my EP scale.
NB: my EB scale is just a personal 1 to 10 conviction rate of my edge in each trade
Support and Resistance
Accumulate Near Protocol from $1-$3I should have stuck with my alt reset sentiment, because it was correct.
I think that BTC will complete a correction to the mid 70Ks.
This last run-up on Near and most other alts was a bearish run up. It appears that the bearish divergence all up and down Bitcoin's timeframes is actually going to play out.
I think that Near resets its self may almost all the way down to $1.00. That would form a big inverse head and shoulders pattern if it does.
That's all that I have for now.
XAGUUSD downside target 29.5On the 4-hour chart, XAGUUSD fell back after testing the previous supply zone, and short-term bears are dominant. At present, you can pay attention to the resistance near 30.5. If the rebound is blocked, you can consider shorting. The support below is around 30.0. After breaking through, the support below is around 29.5.
EURCAD range bound tradeHere is another possible range bound trade based solely on the fact that price has constantly struggled to overcome that weekly strong resistance area between 1.51 and 1.519. If you are patient with the trade and it continues the range bound price action, the RR ratio is spot on (3 to 1). In these cases, for me, it is always worth taking the trade, starting with a conservative position and building into it if price action gives you that opportunity.
BTCUSDT soon below 100K$ and heavy fall will leadThis post is also educational and now as we can see the pump and breakout was fake and the fall started:https://www.tradingview.com/chart/BTCUSDT/sbV6gZGS-Bitcoin-major-sign-of-Stop-loss-hunting-and-dump-seen/
so the question is this that why we are looking for below 100K$ or 90K$?
1. first reason: stop loss hunting which is mentioned as i said before makes a good volume and liquidation for them to enter the position and make a good profit and if you take look at chart we have two Fakeouts at same time and with one high volume candle it is all done, yes the first one is those sellers which enter with resistance of red trendline and the other sellers also joined with resistance of ATH and both of them which used high volume now are out because they had the Felling that if Bitcoin break ATH it will pump and they put stop loss close and both get loss and gets out of trade + we have two major buyers which get in the trade to open long and first are those who enter after breakout of trendline and add more volume after ATH broke and others are those who open long after ATH breakout and were looking for more rise and gain so soon their stop loss will also hit or already done and that is another good volume for them.
2. second reason: usually like previous time which we can see fake breakout we have good move to the upside or downside and i think the dump just started and it will continue more at least to 90K$.
Always do your own research and also remember more reasons and ... will cause this fall and here i mentioned two of them you can add more in comments and mention why we are looking for more fall?
DISCLAIMER: ((trade based on your own decision))
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EURUSD soon above 1.06As we mentioned before and a lot we are looking for more rise and gain here at least to the targets like 1.06.
major supports hold the price from falling and now it is the time of rise and this gain can easily continue.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
SEI/USDT | 4-Hour Reversal SetupThis SEI/USDT 4-hour chart highlights a potential buy setup at a key demand zone:
Entry: $0.3160, anticipating a bounce from the current consolidation.
Stop-Loss: Placed at $0.2590, below the order block (OB) zone for risk management.
Take-Profit: Targeting the $0.3200-$0.3400 range for potential gains.
The highlighted OB zone reflects strong historical support, making this a high-reward trade with manageable risk. Confirmation from volume and candlestick patterns is recommended before entering the trade.
EUR USD DAILY SET UP 27TH JAN 2025 if we can break 1.04763 will be looking for buys
failure to break the level no buy set up due to the rally of EUR at the end of last week (mainly due to trump advising he is looking to cut interest rates) due to the rally may see Euro selling off today
See what happens at Europe open
VOLTAMP Trading Within Demand Zone
VOLTAMP is currently trading at ₹7310.75, within the demand zone ranging from ₹7394.95 (baseHigh) to ₹7131 (baseLow), identified on 23rd February 2024. This zone could act as a support level, presenting a possible opportunity for investors to explore.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
How to Enter a BUY In GOLD This Week! Step By Step!This is how I do it every trading day, and I want to share it with my viewers!
Make sure your time frame alignment is one of the following:
Weekly - 4H - 15m - 1m
Daily - 1H - 5m - 1m
Then make sure your bias is aligned on each one of those TFs.
Then enter your trade on the 15m or 5 minute.
You're all set!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Another leg down before alt season begins?If we look at the TOTAL 3 chart, you can see that we've just formed a double top. I lean towards one more leg down here that plays out towards the second half of February and potentially into March.
I think price has the potential to get down to the 630B support, but can start scaling in around 775B.
Many alts still look like they have another 50% lower to go before the look good to buy and hold.
AAVE │ 26.01.2025Coin: BINANCE:AAVEUSDT.P
Trade Setup
Key Level: 324.26
Conditions for Level Breakout:
Yesterday's close was not far from the level.
The close was at the very bottom.
The instrument was not allowed to move upward (24.01.2025).
There is ATR reserve.
The level has been clearly confirmed twice.
After the false breakout, there was no strong correction.
There is strong accumulation.
pre-breakout base is forming.
Comment
If the instrument calmly accumulates above the level, and the approach to the level is not accompanied by high volatility, I will wait for my entry point into the market.
If something goes against the scenario, I won’t open the trade.
Right now, it’s crucial for the instrument to move sideways calmly without making any sudden moves.
It’s also worth remembering that today is a weekend, and the market is not as active as on weekdays.
My Understanding of Trading
The exchange market is a battlefield between buyers and sellers, each trying to buy low and sell high. Market movement occurs from one key level to another.
My job is to identify these levels and determine who is stronger at the moment: buyers or sellers.
I use Binance futures data for analysis and trade based on the "level breakout" strategy. In my posts, I describe the scenarios I expect to see on the chart. If the market matches the scenario — I open a position, if not — I stay out of the market.
My approach is not based on luck, but on a deep understanding of the market and its movements. If you find this approach useful, follow me to receive high-quality trade ideas and join the conversation!
Disclaimer
This is not financial advice, just trading ideas based on my personal analysis. All decisions are made at your own risk, and I am not responsible for any outcomes.
EURAUD Testing Key Resistance Zone: Potential Sell SetupOANDA:EURAUD has reached a significant resistance zone, marked by historical price rejections. The recent bullish momentum has brought the price into this key resistance zone, where sellers have previously gained control. The current market structure suggests the potential for a reversal, as this level has consistently acted as a barrier to further upward movement. If the price confirms a rejection from this resistance zone, such as with bearish candlestick patterns or wicks signaling strong rejection, I anticipate a move downward toward the 1.66246 level.
Patience is key—look for confirmation signals before taking any short positions.
Inverse W Pattern on $QQQ: Potential Short Week?I’m keeping an eye on potential shorts as we head into the new trading week. A double top (inverse W) pattern seems to be forming here, but I’m waiting for confirmation. Specifically, I want to see a strong push below the red liquidity zone and some consolidation along the negative trendline before entering any short positions.
On the flip side, if we see a confident rejection off the liquidity zone and price starts climbing toward the 534 level (white zone) , I’ll shift my focus to potential longs.
Patience is key here—waiting for the market to show its hand before making any moves. Let me know your thoughts or if you’re spotting anything else in the charts!
ETH Before the Hunt: Why Clarity is King in TradingIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
When it comes to trading, patience is often as important as the strategy itself. As I stared at the chart for what felt like an eternity, I couldn’t help but notice the mixed signals emerging from the Elliott Wave side of things. Mixed signals can be frustrating, especially when you’re eager to make a move, but they’re also a reminder to slow down and let the market tell its story.
In moments like these, clarity is everything. For me, clarity comes at specific levels—in this case, 3k or 3750. Until one of these levels breaks, I can’t say I’m confident enough to take a stance or make an entry. Trading without clarity isn’t trading; it’s guessing. And let’s face it, guessing doesn’t have a great track record in this game.
Why 3k and 3750 Matter
So, why these specific levels? In technical analysis, certain price points serve as psychological or structural boundaries. They’re often where traders make decisions that push the market one way or another. A break of these levels would signal a shift—whether in momentum, sentiment, or structure—that provides the clarity I need to move forward.
Elliott Wave analysis is notoriously nuanced. Sometimes the waves line up perfectly, painting a clear picture, and other times they leave you scratching your head. Right now, the picture isn’t clear enough for me to confidently interpret the waves, which is why those key levels are so important. They act as filters, cutting through the noise and allowing me to focus on the signal.
The Power of Patience
Patience in trading isn’t just about waiting—it’s about waiting with purpose. The market doesn’t reward impulsive behavior, but it often rewards disciplined traders who wait for the right setup. That’s why I’m holding off for now. If one of those levels breaks, I’ll reassess, recalibrate, and, if everything lines up, begin the hunt for an entry.
The idea of “the hunt” is what keeps me engaged. It’s not about rushing to pounce on an opportunity; it’s about tracking it, understanding it, and striking when the odds are in your favor. But before the hunt, there’s the waiting.
Dealing with the Uncertainty
It’s worth noting that uncertainty is part of the game. No chart analysis, no matter how thorough, can guarantee an outcome. What you can do is put yourself in a position to make informed decisions based on your strategy and the information available. Right now, the information I need lies at the 3k and 3750 levels. Until those break, my job is to sit back and observe.
Waiting for clarity might feel passive, but it’s an active part of the process. By staying patient, I’m avoiding the pitfalls of premature action and ensuring that when I do make my move, it’s backed by data, analysis, and strategy—not emotion or guesswork.
Final Thoughts
Mixed signals are part of the trading experience. They can test your patience and make you second-guess your approach, but they’re also a valuable reminder to stick to your plan. For me, that means waiting until 3k or 3750 levels break. When they do, I’ll be ready to act.
For now, the hunt is on pause. But once clarity shows up, that’s when the real work begins. Until then, it’s all about watching, analyzing, and preparing. Because in trading, as in life, timing is everything.
Trade safe, trade smart, trade clarity.