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Last chance to short gold💡Today, gold hit a low of around 2980 during its decline. Obviously, gold's decline has not reached its peak! There is still demand for gold to continue to retreat. 💡At present, gold has rebounded to above 2998 again, but gold has not broken through the 3005-3010 zone during multiple rebound tests. The upper space has been compressed smaller and smaller, and the bullish momentum has been largely consumed. Gold is expected to seek a breakthrough downward; 💡In the process of multiple rebounds, the momentum of the rebound has gradually weakened, the bull market confidence above 3000 is not strong, the confidence of bulls is not firm, and after the profit realization and selling psychology gradually gain the upper hand, gold is likely to have a flash crash! 📉So we can short gold in the 3000-3010 zone! The first target: 2985-2975, followed by 2965-2955 📞Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
ABT long at 126.75 -- bad new is good news (for me)ABT got some bad news today when a Missouri judge ruled there would be a retrlal regarding a court case involving ABT's baby formula, and the stock, which was already down 3 days in a row, got thumped. While I don't dismiss long term risk from that news, I'm not in this for the long haul. I will likely be long gone before anything happens with that retrial. What matters to me is this: -ABT is one of the top 3% stocks for my system, historically. That rating is based on trade performance, the length of its trading history, and several other factors related to safety and trade performance that I use. -It is down 4 out of 5 days, and that in itself has some historical precedent as a long trade setup for short-term trades, though I must admit - it hasn't worked all that well for me lately. -it's in the middle of its 6M high/low range. Not ideal, but not bad either. -it is still solidly in an uptrend going back to 2024. -I'm not convinced the market jitters are over and it ideally is less risky than some more typically volatile stocks. -historical performance (combined actual and backtested) for ABT with my trading system: 1819-0 W/L prior to today +2.08% average gain per lot traded 18 trading day average hold per lot Avg. return = .116%/day (2.7x better per day returns than the stock market, historically) So for all those reasons, I went long before the close at 126.75. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
NYSE:ABTLong
by redwingcoach
BTC → Bitcoin Retrace to $69,500? Or Bounce to $150,000?The short version, the probability that Bitcoin tests the breakout price around $69,500 is very high. That's simply the nature of breakouts; bulls take profits (sell orders) until the previous high is reached, at which point the bulls start buying again, and the bears take their profits (buy orders), driving the market up for another leg. The question is, what is our next move as traders? Or even Bitcoin investors? How do we trade this? 🤔 Let's zoom out to the Monthly chart. Bitcoin is resting on the 9EMA, a support area we've closed above it since September of 2023. Our current context is we've broken out of the 2021 cycle high of $69,500 and reached a new high just shy of $110,000. It's clear we're in pullback mode right now, so far-reaching down to $78,000. Fundamentally, there aren't many catalysts for bullish activity. Bulls are simply taking profit at the first 6-figure Bitcoin price, which is both a psychological and technical price for selling. Monetary policy is still in a state of qualitative tightening, inflation has been slowly rising since September 2024, from 2.4% to 3%. Not a dramatic move, which certainly isn't helping Bitcoin move to the upside. Bitcoin seems to respond more to monetary policy than inflation rates and while the rates have steadily climbed, it's not enough to shock the market, while monetary policy has largely stayed the same. Technical analysis shows TOTAL, TOTAL2, and TOTAL3 crypto market cap charts all were rejected at key resistance areas in early December. Bitcoin broke the 2021 right shoulder around $46,000 to $73,000, then had a measured move up to $109,000, about a 55% move each, give or take. We're simply in a state where we've reached a key resistance level after a breakout while the market as a whole is in a state of uncertainty. I believe that uncertainty will lead to a capitulation down to the high $ 60,000s, even if it's a quick wick. This would likely lead to a $1,500 ETH, $1.50 XRP, it may look ugly. But take a look at past cycles; a 30-40% pullback for Bitcoin is just another Thursday in the crypto market. The alts can pull back as much as 50%-60%. I think we wait for the buy signal. Look for a pullback to the breakout area at $69,500, and wait for the market to tell us that we found the buy zone with a strong candle close on or near its high on the Daily chart, likely somewhere around $75,000. Then I believe $150,000 is the area for this cycle high based on the Lifetime Resistance and measured move target. The measured move shows a 57% move up after the breakout; if we take that 57% move up and stack it on the mid-price of the current trading range at $91,000, that takes us to right around $150,000. Anything beyond that is a bonus. I think from there, it makes a second attempt to breach the high, followed by our 12-18 month bear market as shown in the chart. 💡 Trade Idea 💡 Long Entry: $75,000 🟥 Stop Loss: $55,000 ✅ Take Profit #1: $105,000 ✅ Take Profit #2: $135,000 ⚖️ Risk/Reward Ratio: 1:3 🔑 Key Takeaways 🔑 1. Breakout above 2021 Cycle High $69,500 2. Psychological and technical high of $100,000 reached 3. Pullback phase has been in motion since December, breakout zone is the buy target 4. Wait for a two-legged pullback toward the Monthly 30EMA (breakout zone), look for strong buy signal, large bull candle closing on or near its high. 5. RSI is near 64.00 and below the Moving Average. Wait for contact and a drop toward 60.00 in concurrence with the price action to enter. 💰 Trading Tip 💰 It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
INDEX:BTCUSDLong
by TraderEngineering
6
Excellent window for gold-------News--- The U.S. inflation data for February was released, and the data showed that the U.S. inflation in February fell across the board, exceeding expectations. The decline in inflation also gave the Federal Reserve more room and possibility for interest rate cuts, and also slightly reduced the concerns originally caused by tariffs. However, with the full implementation of tariffs on Europe, retaliation from Europe also followed, and concerns about the global economic downturn also intensified. The U.S. dollar index rebounded slightly and then fell again. Gold hourly line pattern chart; Spot gold; Previously, the gold market continued its strong upward trend, and the bulls performed extremely well. On Wednesday, gold successfully broke through the key resistance level of 2930, breaking the previous confinement and opening the upward channel. On Thursday, the rally not only continued, but also entered a large-volume stage, directly breaking through the previous high of 2956, and without any stop, the highest impact reached 2990. The daily line closed with a long positive line, showing a strong pattern of three consecutive positive attacks. On Friday night, it even reached above 3000. You can short sell near 3000 above, and continue to hold the short positions at the previously arranged points. Reduce positions at the target area of ​​2970, and exit all positions when it reaches 2950. You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
OANDA:XAUUSDShort
by TP_Daniel
Bitcoin 90K is now major resistance which will dump price to 70KAs we said before near 77K$ to 80K$ support zone we may have a two weeks less or more range zone and this range started but soon after this support zone break we are looking for dump to the next support which is 70K$ also major resistance here is now near 89K$ which is mentioned on the chart with yellow zone too and heavy sell pressure is there. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
Short
by MMBTtrader
23
BTCUSD: If trading, buy or sell?Dear traders, are you still wondering how to trade BTCUSD? Short or buy? Then take a look at Jack's ideas. BTCUSD: The stability of the market is uncertain. The Asian market opened low and went down. The London market repaired the low opening range. The highest intraday reached 83890 and the lowest reached 82000. The range is close to 2000 points. There is no more news to boost it. Only the demand as a strategic reserve currency has been boosted. Benefiting from the increase in tariffs and geopolitical uncertainties. In terms of operation, it is still mainly buying at low levels. 81000-81500 is a reasonable operation range. When the specific content of the dominant news is announced, other direction choices will be made.
Long
by Confident_Step
Gold is testing the barrier again! About to plungeGold hit a new record high again on Friday, reaching 3005 at one point, and also perfectly reaching 3000 points. Obviously, the bulls' goal has been basically achieved. The current K-line must fall back. Moreover, Trump imposed sanctions on the Middle East at the weekend, but the gold price did not rise. Obviously, the bulls are also weak. From the perspective of gold trend, the situation between Russia and Ukraine has become confusing again under the background of the originally expected clear situation, so the risk aversion sentiment has heated up again. In addition, the global trade concerns caused by Trump's tariff policy have led to the intensification of the risk of global economic recession. The uncertainty of the market has also increased again. At this time, gold has become the most sought-after product in the market. From a technical point of view, gold has repeatedly rushed to the 3000 mark last week. On Friday, it pulled out a Yin cross star at a historical high. There is a need for adjustment in the short term. Don't watch it blindly for the time being. There is an obvious bearish engulfing at the top of the gold four-hour line, that is, the big Yin line entity directly covers the Yang line entity, forming a top signal. At the same time, the K-line is also seriously deviated from the moving average. It is an abnormal trend again. The decline is inevitable, and returning to the moving average is also a certain short selling. You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
OANDA:XAUUSDShort
by TP_Daniel
The bear is coming soon, TP: 2965-2955Bros, bears are about to see the dawn! Gold is fiercely fighting for control in the 2985-3000 zone. Although the winner has not been completely decided, the balance of victory is tilting towards the bears! As gold stands above the 3000 mark, the upper space is relatively compressed, and the liquidity is getting lower and lower. Gold needs to retreat to increase liquidity! Judging from the candle chart, gold stood above 3000 twice and then quickly fell back, forming two obvious upper shadow lines, indicating that the bull market is not completely convincing, and it is very likely that a double-top structure will be technically constructed to further stimulate the decline of gold! At present, gold has not been able to effectively fall below 2880. In addition to having a certain support structure, it is more likely to be a bull market trap! So in the next short-term trading, I do not recommend continuing to chase gold. You can use the 3005-3015 zone as resistance and boldly short gold! Then wait patiently for gold to fall back to the 2965-2955 zone. Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
OANDA:XAUUSDShort
by Trader_Marvin
XAUUSD: Is Now a Good Time to Buy or Sell?XAUUSD: How to trade? Short or long. If you don't know. You can take a look at Jack's ideas. After last week's epic impact, XAUUSD reached a high of 3004. After a slight adjustment last Friday, it fell to a low of 2978. Latest news: Houthi armed forces have escalated risks. For air strikes, Houthi armed forces will continue to resist to the end. On Tuesday, US President Trump will have a phone call with Russian President Putin. The specific content of the negotiation includes land and tax issues. If this is the last discussion before the ceasefire, then XAUSUD will weaken significantly after the ceasefire. Because this is the biggest hot topic in the market at present, when risk aversion declines, then XAUUSD's decline will definitely be significant. It is expected to reach at least below 2950. Of course, the content of the call is unpredictable, so if the negotiation is still fruitless, the conflict will escalate again. The XAUUSD dynamics from the Asian market to the London market on Monday were very stable. Maintaining a narrow high movement. Close to the start of the New York market, the market is active, and the current price is "2996 US dollars/ounce." As the short-term trading direction of XAUUSD, I still think it is reasonable to buy at a low level. At the same time, keep selling at a high position to get a small spread. "The sell order needs to be closed near 2980-2983". Because the market news has not completely locked the bearish trend. So pay attention to the trading risks when trading. If the test position of 2993 does not break down, then continue to hold the long order.
OANDA:XAUUSDLong
by Confident_Step
FTM | FANTOM | Altcoin with GREAT UPSIDE POTENTIALFTM has recently increased 11% in the weekly, but is making more red candles in the daily and the impulse up seems to be over for now. Looking at the corrections, from -45% to -80% is not uncommon for Fantom. The good news, is that the bottom is likely close - and from here, there exists great upside potential. I am NOT saying we can't fall lower here - infact, a full retracement may be likely, just as we saw the previous cycle. In which case, the upside is even bigger. 30c is indeed a very popular demand zone: _____________________ BINANCEUS:FTMUSDT
F
by CryptoCheck-
1
GBPJPY is in the Down TrendHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY 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
Long
by ForexMasters2000
The 3000 mark falls back, continue short-term operationsAfter gold tested the 3000 mark again, it fell back and is currently hovering around 2990. It failed to test 3000 again in the short term. This position is obviously suppressed in the short term. The second upward test quickly fell back. The gold price may fall further. The idea is to follow the trend and short-sell. Pay attention to the short position near 2990, and the target area is 2980-2970. If it falls below 2980, you can directly look at the position of 2955-2940. You can read bottom signals, interpret daily market trends, share real-time strategies, and no longer blindly follow the trend.
OANDA:XAUUSDShort
by TP_Daniel
EURUSD Further Upside potentialThe EUR/USD pair continues to consolidate after experiencing strong bullish momentum. Since Tuesday, the price has primarily been moving sideways, remaining within a defined range. The market is currently positioned at a key resistance zone, yet no significant pullback was observed last week. At this stage, the price appears likely to continue ranging before making a decisive move. An ABC pullback is in formation, and once completed, there is a strong potential for the trend to resume. A dip below last week's low is anticipated, followed by a rebound from the support level near 1.07800 and the upward trendline. The next potential target is the resistance zone around 1.10000
Long
by RTED_Investing
BTCUSDT Upside potentialThe BTC/USDT market is currently consolidating above the 80,000 level after breaking below February's low. Recently, a large weekly doji candle has emerged, signaling ongoing sideways movement. At present, the price remains within this week's trading range. From a broader perspective, price action appears to be narrowing, forming a falling wedge pattern. With the market consolidating just below the downward trendline, a potential breakout above this level could signal further upside momentum. If the price manages to close above last week's high, it could lead to the formation of a solid inverse head and shoulders pattern, reinforcing the possibility of an upward extension. The next key target lies at the resistance zone around 88,000
BITSTAMP:BTCUSDLong
by RTED_Investing
How to Draw Trendlines Like a Pro – Rulers Out, Rules In!Hi everyone! If you don’t have any rules for drawing a trendline, then this is by far the most subjective technical analysis criterion of all. So, grab your ruler, and let’s dive in! ;) Without clear guidelines, you can draw it however you want, shaping the narrative to fit your bias. This makes it the perfect tool to talk yourself into a trade or justify staying in a bad one—there’s always a new “support” coming… If you don't have rules, you can always find some dots to connect, making it look "perfect" for you. In this post, I'll discuss buying opportunities using trendlines, share key rules for drawing them correctly, and highlight common mistakes to avoid - all with a focus on mid- and long-term investment opportunities. ------------------------- The Basics: How to Draw a Trendline The trendline is a highly effective tool for mid- and long-term investors to find an optimal buying zone for their chosen asset. I always take a full view of the chart, analyzing its entire history to find the longest trendline available. The longer the trendline, the stronger it is! To draw a trendline, we simply connect two points and wait for the third touch to confirm it. Easy, right? The strongest trendline comes from points that are easily recognizable—you should spot them in a split second. Maximum view, if possible Monthly chart, connect the dots and wait for a third one. For me, the third and fourth touches are the most reliable. If you have to look deeply to find where to draw a trendline, then it's already a first sign that it’s not strong! The best ones appear instantly. --------------------------- Two Myths About Trendlines Myth #1: "You cannot draw a trendline without three touching points." Don’t even remember from where I heard that kind of bs but as you see in the images above, yeah I can. If I have a correct lineup, the third touch is the strongest. Myth #2: "The more touches, the stronger the trendline." Yes, a trend appears stronger with more touches, but each additional touch increases the odds of a break or trend change. To buy from, let’s say, the sixth touch, there must be strong confluence factors, and fundamentals should support the investment. “The trend is your friend, until the end when it bends.” — Ed Seykota Sure, I’ve had great trades from the fifth or seventh touch, but as said, the area has to be strong, combining multiple criteria. Think of a trendline like 3-5 cm thick ice on a lake. You can’t break it with one hit, or the second, or the third. But after the fourth or fifth, it starts to crack, and by the sixth—boom! From my psychological perspective, the more touches, the weaker the trendline becomes. ----------------------- Rule #1: Wick to Wick or Body to Body If there aren't any anomalies, the trendline should always be drawn from wick to wick (image below) or body to body. Here was the trendline draw from wick to wick I mostly use body-to-body when there is a lot of noise on the chart and many large wicks that don’t show the real price behavior—whether from a panic sell-off or other unexpected market moves. Candlestick chart, the trendline drawn from body-to-body Tip! Body-to-body means drawing trendlines from closing prices to remove unnecessary noise from the chart. To make the chart even clearer, I often use a line chart (it tracks closing prices), which filters out the noise and gives a cleaner view of the price action. The same chart as above using line chart. Mistake to avoid: If you start from the wick but the second point is from the body, it's wrong. This can lead to misleading breakout trades or confusing rejection trades. If there are no significant large wicks, go from wicks. If a chart offers a lot of huge panic-sell wicks, use bodies instead to get a cleaner setup. Quite often, I use a hybrid version as well. We are investors, not traders. We need a price zone, not an exact price! In these cases, I combine wicks and closing prices to find the optimal trendline, which stays somewhere between them. Light-blue is the zone ----------------------- Rule #2: Higher Highs Strengthen the Trendline A trendline is more reliable if the price makes a new higher high (HH) after the previous rejection, and before it approaches a trendline. The third and fourth touch came from higher high (HH) levels This confirms that the recent trend is strong. If it all lines up, we can step in! ----------------------- Rule #3: Even Timing Between Touches A trendline rejection works best when the timing between touches is symmetrical. They don’t have to be perfectly equal but they also shouldn’t be wildly different - one touch being very small and another very large can weaken the trendline’s reliability. A good combinations is when the price comes from higher high levels, the next touch has an equal or fairly similar distance between previous ones. Yeah, there are quite a lot of touches, but you get the point; market symmetry plays an important role in making decisions. Warning: If the next touch comes too soon, especially from a lower high (LH) levels, which signals that momentum may be fading, and the touch happens at an uneven distance, it weakens the trendline’s reliability. So, watch out for that. Two alerts: uneven length between touches & comes from lower highs. Next red alert: When there are huge uneven gaps between touches, as shown in the picture below. The first and second touch compared to the second and third touch are out of balance, weakening the trendline's reliability. ------------------------ Trendline Summary: Key Criteria for Mid- to Long-Term Analysis Open the maximum chart view – analyze all available data for the asset. The higher the timeframe, the stronger the trendline. A trendline needs two clean and clear points to be drawn. The highest probability rejection happens at the third and fourth touch. If there are large wicks or panic sell-offs, use closing prices (body-to-body). Remove noise and wicks by using a line chart for a clearer view. A trendline touch is strongest when the price approaches from a higher high (HH). A trendline touch is strongest when the distance between touches is symmetrical. A slight flex in the trendline is ideal; it should be between 20 to 35 degrees, not too steep in its climb. ;) These are the main criteria for a trendline that I use when analyzing stocks or any asset from a mid-to long-term perspective. ---------------------- Trendlines Alone Are Not Enough Now, here’s the interesting part. Even if a trendline looks perfect and meets all criteria, I still won’t rush to share an analysis. Why? Because a trendline alone isn’t enough. A trendline is just one piece of the puzzle. We need multiple confluence factors in a single price zone to make the setup truly strong and reliable. Usually, I need at least 3-7 criteria to align before making a move or recommendation. So, that's it! A brief overview and hopefully, you found this informative. Feel free to leave a comment with your thoughts! Before you leave - Like & Boost if you find this useful! 🚀 Trade smart, Vaido
NASDAQ:TSLAEducation
by VaidoVeek
44