shib long position!buy area (0.00001745-0.00001551)
tp1 (0.00003339)-(92%)
tp2 (0.00004566)-(163%)
tp3 (0.00005816)-(235%)
Wave Analysis
Planning BTC Long into New Low BTC made a low on my long entry, ran up into the first area I expected resistance. I'd expected this to just be an intermediate resistance and then pop but still trailing stops to even on longs. Best practice at resistance. Ended up hitting stops at even.
I do think that looked like a legit 1.61 break though. Would pick up a 76 correction if it's offered in the coming days/weeks.
Ethereum is getting ready for a bull run !Ethereum appears to be forming a large triangle, with its wave D recently completed.
We expect a trend reversal from the green zone, leading to a move toward $5,400 and $9,000.
Closing a daily candle 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
Ethereum (ETH): Break of Bounce Zone / Selloff Starting!Ethereum has broken the bounce zone, which now might result in a further downward movement towards the $2800, where is our next point of interest (support and unfilled CME gap as well).
If all plays out nice, this would be a great reset for the coin, which would probably be bought up later by buyers and give a proper breakout of the resistance zone (possibly also a new ATH).
Swallow Team
Merchants Bancorp/IN | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Merchants Bancorp/IN
- Double Formation
* Pennant Structure | Area Of Value | Subdivision 1
* Retracement 1 | Not Numbered
- Triple Formation
* 012345 | Wave Count Valid | 345 Template Ongoing Entry
* Retracment 2 | Numbered | Subdivision 2
* Daily Time Frame | Behavioural Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
flow coin long position opportunityflow coin long position opportunity - analysis only, no advice
target 1 - 7.95
target 2 - 13.8
all time low - 2023
$0.3921
DXY Will Go Up From Support! Long!
Please, check our technical outlook for DXY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 106.945.
Taking into consideration the structure & trend analysis, I believe that the market will reach 108.251 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
up to 3.8x profit in ftm after retrecment!buy area (0.72-0.52)
tp1 (1.4776)-(102%)
tp2 (1.9314)-(166%)
tp3 (2.6507)-(265%)
tp4 (3.4951)-(380%)
follow me if you need $
US30 POSSIBLE BUY The market is currently testing the current Weekly 0.78 Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
Wedge on OTHRESWedge created in OTHRES, i think if we break support around 380 it will create double bottom
usually in december till january is sideways on altcoin
$LOCKIN Rising Wedge$LOCKIN buy coming up. The inverse chart has a textbook rising wedge. Check Bulkowskis study on this.
Bitcoin and altcoin overview (December 20-21)Bitcoin did not follow the priority scenario and broke through the buying zone of $102,000-$100,000 (accumulated volume) without a proper secondary reaction.
At the moment, the local scenario has shifted to bearish, with all major volumes located above, so we only consider going long after confirmation or consolidation above the now mirrored selling zone of $100,000-$102,000.
Currently, there is a small absorption of sales in cumulative delta, but there are no reversal formations, we expect a test of the $94,200 level and will monitor the reaction.
Selling zones: $100,000-$102,000 (mirrored volume zone), $103,200-$104,200 (local volume zone).
Buying zones: level $94,200 (buyer aggression), ~$80,000 (volume anomaly), $77,000-$74,000 (major volume zone).
For altcoins, we are only considering local formations
USOIL LONG FROM SUPPORT
Hello, Friends!
We are going long on the USOIL with the target of 70.67 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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XAGUSD_1D_Buyhello
Analysis of silver for purchase and investment
If you are looking to buy for investment, now is the time
The range of support and purchase for the long term is 28,888
The next target and wavelength numbers are 38.888 and 42.222.
The percentage of price growth is 35 to 45 percent.
mask to 10 dollars - long position - need to break the downtrendmask to 10 dollars - long position - need to break the downtrend - just analysis not an advice
target 1 - 5.6
target 2 - 9.2
target 3 - 11.7
GBP/USD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/USD is making a bearish pullback on the 6H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.262 level.
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SPX 2025 Strategic Outlook 7150 points Wave Five Bull Market🔸Time to update the SPX outlook, this is 2D price chart, we are
currently entering overpriced zone and limited upside in SPX
going forward next few weeks correction / pullback.
🔸SPX price structure since 2023 is defined by a five wave impulse wave 3 completed already and currently we are in wave 4 pullback/correction until 5415 points. expecting wave four pullback to complete in January 2025.
🔸Wave 1 is 3600 to 4625, wave two 4625 to 4125, wave three 4125 to 6100,wave 4 pullback/correction now is 6100 to 5416, final bullish wave five is expected to start from 5415 to 7150 points (30% bull run). Wave 5 expected to start in January 2025 and complete sometime in Q4 2025. A/B/C 40% correction will follow as the market will enter extremely overbought zone.
🔸Recommended strategy position traders: wait for the wave 4 correction to complete at/near 5415 points in January 2025 and then BUY/HOLD into wave 5 final target is 7150 points in Q4 2025. Obviously, this is a longer BUY/HOLD trade setup and patience is required with this trade. good luck!
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Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
EUR/USD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
It makes sense for us to go long on EUR/USD right now from the support line below with the target of 1.059 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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CAD/JPY BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on CAD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 107.832.
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TTVHB making 3rd wavei put stoploss below the horizontal level of peak 1st wave, as i feel this is impulse wave
wave 3 will go up, and even if it retrace as wave 4, it will not move below peak of wave 1
SAMAIDEN poised for next uptrend wavecorrrection at 0.382
risk reward ratio is good
Here are the key elements I observe:
1. Price Movement:
- The chart shows candlestick patterns with both red and green candles
- Current price appears to be around 1.03 MYR (Malaysian Ringgit)
- There are multiple price levels marked with Fibonacci retracement levels (shown as horizontal lines)
2. Technical Indicators:
- Moving averages shown as curved lines in different colors
- Volume bars at the bottom of the chart (green and red bars)
- Various numbered points (1-5) marking significant price levels or movements
- Wave patterns labeled with roman numerals (iii, iv, v)
3. Trading Information:
- Buy level marked at 1.16
- Sell level marked at 1.15
- Target price shown as 0.09 (7.76%)
- Stop loss level appears to be set at 0.04 (3.45%)
- Risk/Reward ratio indicated as 2.25
4. Time Frame:
- The chart appears to be showing recent price action with data points marked for September 2024
- Volume analysis indicates varying levels of trading activity throughout the period
5. Market Status:
- The stock appears to be in a corrective phase after reaching a peak marked by point 5
- Multiple support and resistance levels are clearly marked on the chart
The overall chart seems to be a detailed technical analysis setup used for trading decisions with multiple indicators and price levels to guide entry and exit points.
