Let's see how we have a play out of this set up,can you please set me up with correction, let's growth together ❤️
Last week saw major liquidation with late longs going into FOMC. Thursday was an inside day followed by weakness in the overnight session going to into PCE Friday morning. Going into this week, I will use Friday's range as a guide. Friday's low during RTH 5898.50 as the halfback of the PCE data release candle, Election Day RTH low and November VAL, including the after hours wick on FOMC. Friday's high is at a LVN from last week and #2 and #3 single prints that were formed from the FOMC sell. If we trade lower first, focus should be placed around 5966, and 5945-5931. 5966 as last week's VAL and 45-31 as Thursday's Spike Down. Buyers will want to defend this or risk Friday's low. A look below and fail of the spike bottom 5931.75 and Friday's low should be considered for new longs. Further weakness will see London's low from Friday morning followed by the election gap fill at 5813.25. This would also align with Friday's range 50% extension. If we trade down here, buyers most likely will appear at or near the gap fill. So shorts should be mostly covered by then. If we trade higher first, buyer will need to build support above Friday's high and target the single prints above 6091.50-6118.50. 6079.25 is the FOMC event candle low. Acceptance above opens FOMC high at 6137.25. Further acceptance opens 6186 - the back-adjusted ATH. I would be cautious of a look above and fail of Friday's high triggering shorts. If so, shorts will need back below 6000 and 5982 to pick up steam. FOMC Vwap: 5981.25 FOMC Event Candle: 6079.25-6137.25 Spike 12/19 - Base: 5945.5, bottom: 5931.75 Weekly Expected Move: 90pts - 5907 / 6086 Dec 23 Expected Move: 47pts - 5949 / 6044 Expected moves are based on what the options market has priced in as implied risk for that period. There is a 68% chance price remains within that range by the following close. If price moves outside the range, it is common to revert and close back within.
Last Friday, we successfully hit our long target in the 2623-2632 range, after which gold faced resistance near 2632 and pulled back. With no major news over the weekend, the focus shifts back to technical trading. For this week, we are mainly looking at: Long positions in the 2615-2605 support zone. Short positions in the 2636-2648 resistance zone. Key Considerations for the Week: Pay close attention to the support and resistance lines . Any breakout above or below these levels will require a quick adjustment to your trading strategy. Stay vigilant and be ready to adjust positions as market conditions evolve.
Scalping long trade to the completion of the emerging Bearish harmonic patterns the Bearish move on the breakout of the trend line
Sell Bitcoin at the current price 95000 with a take profit (TP) range of 84,000 to 82,000. The invalidation level for the sell position is if the price above 100,000. The price currently in wave 4, and the wave 5 target is 122,000.
I am sharing with you my trading plan for DOGE coin. I am expecting the price to reach the 0.58-0.60 price over the next 20 days.!!! Long opportunity for 90-100% profit taking !!! Please endorse if you like my analysis!
EUR/USD Update: Final Week of Trading Before the New Year As we head into the last week of trading before closing shop for the year, here’s a recap and outlook: Last week, we called a short after identifying our "money out" level. With a daily bearish bias and liquidity sitting above the highs, we outlined a clear sell scenario. The market delivered exactly as expected. Looking ahead to this week, our bias remains unchanged, and the principles stay the same. We are targeting deeper moves lower, focusing on the daily low at the base of the current range. Following the same approach, we anticipate the highs to be swept first, creating opportunities to enter and ride the price down to key lows. Currently, we have a potential high forming near the center of the range, but this is unconfirmed for now and remains a possibility. Keep an eye on all the marked highs—we’re waiting for a sweep of these levels, which could trigger the final market move of the year. If an entry presents itself, we’ll look to trade lower. Stay disciplined, trade your plan, and manage your risk.
Hi people I can see seller interest on the market, Possible some sellers will Hit the market this week For me is sell Lets see what happens Best of luck
Hello, BLACKBULL:WTI is likely to experience continued bullish momentum, as the price recently closed above the 1M pivot point, signaling potential for further gains. However, as a cautionary note, if the price falls and settles below the 1M pivot point, we could see more downside movement. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
I'll go long if #AXS supports OB. 4.41% stop-loss, 10X for 44% gain. Entry: 5.71 - 5.266 Stoploss: 5.228 Target: 9.507 TP1: 6.767 TP2: 7.251 TP3: 8.005 TP4: 8.718 TP5: 9.507