If you're looking for a bullish gold trade idea after a sweep of the lows into support, the concept you're working with would generally be a form of market manipulation where prices briefly dip below key support levels before reversing to the upside. Here's how you could approach it
After a strong breakout on the higher timeframes, EUR/USD is showing potential for a dip-buy entry on the lower timeframes. The price has retraced to key support levels, offering an opportunity to enter long positions at a more favorable price.
The market has shifted to a bearish structure on the 1-hour timeframe, with clear lower highs and lower lows signaling potential continuation to the downside
Ready to take your trading to the next level? The M6E1 setup is one to watch closely. With potential on the horizon, it's time to tune in and position yourself for what could be a game-changing move. This is the moment to capitalize on a fresh opportunity. Keep your eyes on the prize, trust the process, and execute with precision. Timing is everything—don't let...
Looking at the 4-hour chart for M6E1, you can see that the market has been consistently moving upward. There’s a clear bullish trend overall, with the price showing strength and a tendency to rise. The chart suggests that the market is in a positive phase, with sustained momentum supporting further potential for upward movement
The M6E1! chart is setting up for a potential long opportunity. With price recently holding above key support and approaching important resistance, there’s a clear setup for a potential move higher.
Bearish setup on MES1! as price looks to break key support levels. Watch for a potential move lower as market sentiment shifts. Stay alert for confirmation of further weakness and key entry points. Risk management will be key as we navigate this potential downtrend
I’m taking a small initial position on the Euro futures, entering long off key intraday support at 1.0505. This level has shown solid price action, and with the recent momentum leaning bullish, it offers a good entry point for a possible continuation to the upside
Crude oil appears to be showing signs of bearish momentum after a failed attempt to break higher. With the price stalling around the $71.00 level, we’re positioning for a short trade targeting a retracement into the low $70s or possibly into the high $69s, where we see potential support levels.
The US Dollar Index is currently positioned at the top of its trading range, which has been in play since 2023 on the weekly timeframe. This presents a solid bearish setup, as the index is likely to reverse and trade back into the range. This trade idea has been in play since September of 2024 when we were still trading at the BOTTOM of the rang e
Targeting a continuation towards the next resistance zone with stops below swing lows to manage risk. If the Euro holds above this support area, I expect further upward movement to finish the week. Stay tuned and monitor for any pullbacks that could offer better entry points for the next leg up!"
One more try on the gold short for this week and if it doesnt work I am never shorting gold again lol
started a small Euro Futures position ahead of PPI as we fail to make lower lows on the intraday charts. a news spike might just be the catalyst needed to see these levels break, stay tuned!
I'm looking at a bearish reentry for the ES1 (E-mini S&P 500 futures) as recent price action suggests weakness following a correction. After a strong sell-off, we've seen a brief pullback or consolidation, which could be setting up for a continuation of the bearish trend, especially if the price fails to break key resistance levels
With the current price action showing signs of rejection and exhaustion, this could very well mark the top of the market. We anticipate a potential move downward towards
price action suggests a potential downward move, with key resistance levels being tested. Watch for any breakdowns below support for further confirmation. Stay cautious and manage risk as the session progresses. Keep an eye on market sentiment, news, and volume for any shifts.
Looking at CL1!, we are observing a potential bullish continuation setup following a solid price action pullback. The market has recently retraced significantly, offering a strong buying opportunity if the price holds above this level.
The Euro FX futures contract (6E1) has recently experienced a notable pullback, creating a potential opportunity to buy the dip. Given the broader trend of strength in the euro or short-term technical support levels, this dip could provide an attractive entry point for traders looking to capitalize on a rebound.