Trend Analysis
USOIL: Wait patiently for the price of $73Compared with other products, the current trend of crude oil is relatively stable. The lower support is starting to form, which is in line with my analysis. It is rising slowly. Below the price of $70 is still a suitable buying opportunity. If you have already placed a buy order, you can patiently wait for the price range of $71.5 to $73.
Today's trading strategy for crude oil:
USOIL:buy@69-69.5
TP:71.5-73
Currently, the account with an initial amount of 40K has reached 200K. In March, I will make a profit of one million, and I will share my daily trading orders. You can copy my orders for trading. Click on the link below the article to obtain the relevant information.
XAUUSD: 3/3 Today's Market Analysis and StrategyGold technical analysis
Daily chart resistance 2892-2930, support below 2850
Four-hour chart resistance 2876-2892, support below 2832
One-hour chart resistance 2876, support below 2860
Gold news analysis:
Last Friday, gold technical pressure 2884 mark further ushered in a very weak unilateral adjustment downward trend, Asian, European and American markets successively under pressure to fall and fluctuate downward, the US market accelerated downward to break through the 2840 mark to reach 2832 and began to rebound, closing near 2860, closing with a decline for two consecutive trading days, short-term gold price encountered resistance at the 2950 mark ushered in a daily level adjustment, today's Asian market opened under the influence of weekend news, gold price quickly rushed up to pierce the 2876 mark, and then fell into a shock consolidation.
Gold operation suggestions: Today's upper short-term resistance is 2876-2892. Any rebound before the daily level breaks through and stabilizes at 2892 is a short-selling opportunity. Pay attention to the lower low support around 2825-30. Overall, rely on this range to participate in high selling and low buying, and wait patiently for key points to enter the market.
Sell: 2870near SL: 2875
Sell: 2892near SL: 2897
Use small size to control risk
Rebuy Setup For VTHO (12H)After its sudden pump, the price is now correcting. Along its path, there is a confirmed swap zone, which serves as a key area for scalping this coin.
In spot trading, with proper stop-loss placement and volume management, we can place buy orders within the green zone.
Targets are marked on the chart.
A daily 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
BITCOIN BEFORE & AFTER READ IN CAPTIONSBitcoin (BTC/USD) on a 1-hour timeframe, where the target of 82,622 has been successfully completed. The price was moving within a downward channel, facing resistance at higher levels and bouncing off a support level. After hitting the target, the price has started to rebound, showing potential for further movement or a reversal toward higher levels.
Gold (XAU/USD) is bullish, with a target of 2895As we enter a new week in the market, it's important to note that last week, Gold (XAU/USD) faced significant selling pressure and reached its previous support zone between 2835 and 2830, but it didn't break through this level. Currently, we're analyzing a potential bullish move, with a target price (TP) in the 2890 to 2895 range. After reaching this price, Gold will likely face a key decision point, determining its next direction. Our analysis suggests that Gold may experience a decline after reaching 2895.
Therefore, you can consider taking a buy entry, targeting the 2895 area. Please note that this is just our analysis for informational purposes and not a trading signal.
Thank you.
Bullish continuation?The Loonie (USD/CAD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance that lines up wit the 61.8% Fibonacci retracement.
Pivot: 1.4348
1st Support: 1.4239
1st Resistance: 1.4537
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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Gold Declines as USD StrengthensGold ended today’s trading session fluctuating around $2,858, retreating further from its record high and marking a decline of over 200 pips by the session’s close. The drop came as the US dollar remained near its two-week high, following the latest inflation data aligning with expectations. This reinforced the Federal Reserve’s cautious stance on rate cuts, limiting gold’s upside momentum.
Losses in the stock market exacerbated the downward pressure on gold, extending the sell-off that began after the metal hit a fresh all-time high earlier in the week.
On Friday, US Personal Consumption Expenditures (PCE) Price Index data showed a 0.3% increase in January, in line with expectations, following an unchanged 0.3% rise in December. Despite the release, the report did not significantly impact Fed rate expectations, meaning it failed to provide a catalyst for a gold rebound.
AUD - looks to shortHello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
2 years Up For over two years, Amazon's price has been moving within the green channel, with the only exception being in August 2024 when a panic selling affected all markets after the poor US employment data.
At the moment, it is likely that after touching the bottom of the channel at $204, it will rise to $250 in the coming weeks
In case the price drops below $204, this idea is void
SUIUSDT zone @3.2500 H1 chart analysisThis is a SUI/USDT 1-hour chart from TradingView.
Key Observations:
Downtrend Line: The chart shows a downward trendline indicating previous bearish momentum.
Resistance Zone: Price is approaching or has touched a resistance zone.
Lower High Formation: Confirming a bearish structure.
Pullback & Continuation: A possible pullback has been marked, suggesting a continuation of the trend.
Projected Price Movement: Two possible scenarios:
1. A slight bullish move before reversing downward.
2. A direct drop in price after rejection.
Suggested Post:
🚨 SUI/USDT TRADE ALERT 🚨
📊 Chart Analysis:
🔹 Trend: Downtrend with resistance rejection
🔹 Key Resistance Zone: Marked on the chart
🔹 Possible Move: Price may face rejection and continue downward 📉
🎯 Sell Entry:3.2500 Around resistance
✅ Targets:
TP1: 2.900
TP2: 2.700
TP3: 2.6500
⚠ Risk Management: Always use stop loss!
#Crypto #Trading #SUIUSDT #SellSignal #TechnicalAnalysis
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GBP/NZD: let's take profit occur before buying againWith strong bullish momentum, GBP/NZD remains attractive for long positions. Fundamentals favor the GBP over the NZD, while technicals suggest room for further upside.
Fundamentals:
- GBP Strength: Hawkish Bank of England and resilient UK economy.
- NZD Weakness: Recession in New Zealand and dovish RBNZ policy weigh on the NZD.
Trade Idea
- Buy Zone: 2.1945-2.2200. This level corrispond to 0.5 Fibo and also 4h demand.
- Targets: 2.2440, then 2.2800.
- Stop Loss: Below 2.1800.
Important: enter just in case of rejection! it means that price will need to go in the buy zone area and then have a strong upside (CHOC, COS on lower TF).
If you follow me, you will receive updates so you know when and where I enter, close, TP.