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BTCUSDT 100K resistance zone and ATH can dump the priceAs we can see price now is near 100K$ resistance zone and ATH resistance and we can expect short-term fall now to the targets like 90K$ or more dump even like the prices mentioned on the chart. long-term BTC is still bullish and after range for couple of weeks and correction and short-term fall we can expect breakout of ATH and targets like 120K$. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
5
AUDUSD InsightHello, subscribers! Great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe! Key Points - November CPI: Expected to rise 0.2% MoM, with the core CPI forecasted to increase 0.3% MoM. - The market remains cautious about the potential for results exceeding expectations. Reserve Bank of Australia (RBA): Although the RBA kept rates unchanged, Governor Michele Bullock stated during a press conference that the board has gained "some confidence" in the decline of inflation. - Upcoming Events: Following the U.S. November CPI release, the Bank of Canada (BoC) is scheduled to announce its interest rate decision. The BoC is expected to lower rates by 50bps at this meeting. Key Economic Indicators - December 11: U.S. November CPI, Bank of Canada interest rate decision - December 12: European Central Bank (ECB) interest rate decision, U.S. November PPI - December 13: U.K. October GDP AUD/USD Chart Analysis The upward trendline supporting AUD/USD’s bullish movement appears to be on the verge of breaking. While a rebound is still possible, the likelihood of a decline has significantly increased. - Bearish Scenario: If the price breaks below 0.63500, a further drop toward 0.62000 could be expected. - Bullish Scenario: If the pair rebounds from its current level, we could target 0.69000 as the potential high. If the market moves contrary to these expectations, I’ll quickly adjust the strategy accordingly.
Long
by shawntime_academy
1
XAUUSD Speculative BuySAXO:XAUUSD moves higher from Asian to Europe session and seems continue to catch 2670. As middle east tension continue spark, investor and trader likely hunt the safe haven assets especially GOLD. Another fundamental reason is FED Cut Rate cycle probability which now on 80% 0.25bps cut this month. On the technical analysis side, GOLD now testing the sideways resistance. We may see 2658 - 2666 as resistance area and if it's broke up the price would come to 2670-2677 as we see MA200 on H4 and trendline resist on D1 chart. Anyone agree with this idea? Please leave your comment! Thankyou
SAXO:XAUUSDLong
by vicariuzchrist
XAGCAD - Silver on the move, massive gains in 2024Silver has performed really well. Just in 2024 alone, it has gained appx. 45% It appears silver is making a short burst towards the next resistance line - going for the breakout attempt. I am in around the $20-$24 range. If it falls near or below the support line I will make some more buys. I am not a professional by any stretch but I see silver heading to $100 CAD / Oz. I only keep a small emergency fund in silver. For an emergency fund it's outperforming any of my other trades. Gov't: Keep the printers running :yum: Not financial advice, only what I am doing.
OANDA:XAGCADLong
by leshacat
EURGBP Wave Analysis 10 December 2024 - EURGBP under bearish pressure - Likely to fall to support level 0.8200 EURGBP currency pair under bearish pressure after breaking the support zone between the key support level 0.8265 (which stopped previous waves iii, (i) and i) and the support trendline of the Descending Triangle from November. The breakout of this support zone accelerated the active impulse waves 3 and v – which belong to the impulse wave (3) from January. Given the clear daily downtrend, EURGBP currency pair can be expected to fall toward the next support level 0.8200, the target for the completion of the active impulse wave 3.
Short
by FxProGlobal
Gold- Towards target after confirmation?In yesterday's post, I highlighted the high probability of an upward breakout above the 2655–2660 resistance zone. As anticipated, XAU/USD successfully broke through this key level, confirming its importance. Following the breakout, the price reached a high near 2675 before undergoing a normal correction. This pullback was healthy for the trend, as it retested and confirmed the previously broken resistance zone (2655–2660) as new support. This successful retest reinforces the strength of the bullish momentum. Looking ahead, my outlook remains optimistic. I anticipate a new leg higher, with the price likely targeting the 2685 resistance zone. I will maintain my bullish stance as long as the 2660 area holds firm as support. My preferred strategy is to "buy the dips," taking advantage of pullbacks within the broader uptrend.
OANDA:XAUUSDLong
by Mihai_Iacob
2
Big pullback coming for DOGE? Or break towards the ATH!Getting a broad pullback in the market today, taking #DOGE close to a tag of the DEMA 20 but still within a rising channel. DOGE pumped 4 times in the 2021 bull phase. Twice it reached a daily RSI over 90. The first time it corrected 53% and consolidated for 2 months. The second time is corrected 65% and consolidated for 2 weeks before peaking for the cycle 1 week later. 3 weeks ago, the daily RSI peaked over 90. Will #DOGEUSDT experience a major correction this time, or is this time different? A break of the rising channel and drop below the $0.40 horizontal support may be a sign that a deeper correction is in store. A correction may be bought quickly in the bullish market. Continuing to rise within the channel may result in a break to new highs and the next pump towards the ATH. Please let me know in the comments what other signs may give us a clue what DOGE's next move will be from this rising channel! I'd love to hear others' thoughts!
Long
by joelsko
1
EURUSD / M15 / SHORTEURUSD May Fall from the Bearish Order Block Bearish Order Block: 1.05683 and 1.05632 EURUSD is currently following a downtrend, and a potential bearish order block has been identified between 1.05683 and 1.05632 on the M15 timeframe. If the price retraces to this order block, it presents an opportunity for a short position. With strong bearish momentum in place, there is a high probability that the price will respect this zone and continue downward, aligning with the overall market structure. I've outlined two take profit targets for this trade setup, offering clear risk management and reward opportunities. Let’s monitor how the price reacts to the order block and unfolds further. EURUSD / M15 / SHORT LOT :- 0.2 Entry Price :- 1.05630 Take Profit :- 1.05222 Stop Loss :- 1.05752
Short
by PraveenTrader1