Im looking to take a long position on afrimat, a bullish flag has been broken, additionally by using fibonacci I can see a good risk reward trade
Breakout of resistance Volume built up RSI >60 Breaking previous Week price bullish Momentum Making higher high
Please Refer to our previous post: https://www.tradingview.com/chart/SOLUSD/ZctOeH0M-SOL-New-High/ After we broke the previous high on the line chart we drew a yellow line at $202 and said long any retests of this line. On the altcoin flash crash, SOL perfectly retested our yellow line and is up almost 15% from the retest! Now we can see price has been squeezing in between a falling wedge pattern. Right now SOL is testing the top of the trendline. If we can start seeing 12H candles close above this top line, SOL will have broken out and will be visiting new all time highs.
- momentum is king - but if you've made money, a/ congrats AF and b/ pay yourself - of the quantum names i've tracked (you know the usual suspects, only NYSE:IONQ is legit, the others are varying levels of suck but NYSE:QBTS and NASDAQ:RGTI are better than $arqq...) BUT... - ... NASDAQ:QUBT is basically a goose egg. a donut. a bagel. - so yeah. funding short. - and MEGA long NYSE:UBER calls fwiw ;) be well. V
Oil competed the 4th wave of Elliot and moved upward exactly on wave 4 PRZ (Price reversal Zone). meanwhile the shark pattern is completed. in case if Oil start to complete the wave 5 of Elliot the target price is shown and in case if the price reject the wave 4 PRZ downward, the shark PRZ also is been shown which can be a area to change the price process. Thanks for comment and boost
#GOLD..perfect move as per our discussion and now market near to his resistance area that is 2648 49 Keep close and if market holds that in that case you can see again drop from here. Gold luck Trade wisely
Probably BTC will have a short correction and here we will see wave b from B. The end of wave b is probably the level of 0.618 and then the start of wave C. We have to wait and see.
Short-term: Bitcoin is in a parallel channel on the 4h chart. Break above the channel to head towards 120k and continue making new ATHs Break below the channel to re-test 85-90k. Long-term: Bitcoin is likely going to approx 132.5k, as shared here: https://www.tradingview.com/chart/XBT/SNPsSWOD-Bitcoin-Macro-TP-2-Target-132-5k/
Bullish momentum Breaking resistance. Buying seen today RSI > 60
XAG/USD - Buy Limit Opportunity at Key Liquidity Zone Silver (XAG/USD) has swept liquidity below a critical support level, creating a high-probability buy limit setup. This move suggests the market is absorbing selling pressure, signaling potential bullish momentum from this zone. Key Observations: Liquidity Grab: Price dipped below a significant support level, triggering stop-losses and trapping sellers, indicating a possible reversal. Market Structure: Early signs of bullish rejections at the liquidity zone align with a potential upward move. Optimal Entry: A buy limit at targets the liquidity zone for an anticipated bounce. Trade Plan: Entry: Buy limit placed at for a strategic entry point. Stop Loss: Below the recent liquidity sweep to protect against false breaks. Take Profit: Targeting resistance levels around for a strong risk-reward ratio. Risk Management: This setup leverages liquidity dynamics for a high-probability trade, but careful position sizing and disciplined risk management are essential. Monitor price action closely for bullish confirmation.