I am glad I got to make myself a quick 5% using support and resistance as my confidence booster also as you can see I used a buy limit not a market or a stop loss, reason being if it did reach buy limit or didn't I wouldn't emotionally feel anyway about it YES paper trading still teaches you until you are fully prepared... God bless
Helium is a leader in the PoW and the RWA sectors. HNT has a bullish confirmation above $10 and based on the EW theory, the Cup & Handle patterns and other indicators; the 1st target is ~$24 and the 2nd target is a new ATH. Breaking $3 is the stop-loss.
https://www.tradingview.com/x/DVtirU17/ Hello,Traders! GBP-USD keeps growing But a horizontal resistance Of 1.2747 so after the retest We will be expecting a Local bearish correction Sell! Comment and subscribe to help us grow! Check out other forecasts below too!
Gold has formed Bearish Diamond pattern and there is a breakdown on day time frame. With this, Gold has potential for 8% correction up to 2430.
not technical analysis, just observing where it goes in the next year
This is the LMACD of the price of BTC compared to Dogecoin price. This is not the top and doge should have room to keep going up. Be patient and scoop them all.
Hello Nation! This is my first post. My intention here is just spend some time to look back at what Gold did today. I will try very best to do this repeated daily. Firstly, i am scalper. I trade using SNR and breakouts method. I would also plan my trades from higher timeframes. But this ‘Revision’ I will just focus on H1 and M15. I am just be sharing my views on what had happened and how i could have navigated the markets with my entries. Let’s start from the market open at 2651. Price went bullish touching the H1 SBR area. It respected that area and pushes down towards the H1 Support. A Strong Bullish reaction from the H1 support, Price return to M15 Box area which i had marked. For me, A rejection from the m15 box is a hint for sell. Usually M1, will be my entry Timeframe. But as i had mentioned, i will only focus on H1 and M15 here. I had marked my 1st sell Position. Risk 30 Pips, TP 100 Pips. Moving down further, the previous H1 support was broken and it became a possible Resistance. Again, I marked the m15 SBR with a box. Wait for price to return into the box area. Similarly like the Previous Sell entry, several rejections can be spotted which can be a strong hint for a sell entry. I had mark the 2nd Sell Position for you to see clearly. Risk 30 PiPs and TP 100 Pips. To conclude, Gold was a beautiful Sell today. I hope you did well for yourself today. Maybe in writing these notes, i get to revise and also improve myself as a trader. Thank you for reading! And Goodbye.
Hi fellow traders, XAUUSD is ready to make a move higher from the blue box after completing a sharp correction. Move your stoploss to break even as soon as we close above the grey ‘Risk free zone’. Target the 2800.86 level. Good luck and trade safe!
Advanced Micro Devices NASDAQ:AMD may be the sleeping giant in the semiconductor / AI space. While all eyes on NVidia NASDAQ:NVDA , earnings for NASDAQ:AMD grew by 800% over the past year... and are now forecast to grow 40% per year. Any other company would be soaring right now (like NVidia), but that company is getting all the attention. And, to me, this means opportunity for the future. The cashflow is likely to grow tremendously for NASDAQ:AMD into 2027 and beyond, which may inevitably reward investors with dividends. From a technical analysis perspective, NASDAQ:AMD just entered my historical simple moving average zone. This area (currently $108-$126) is where I will be gathering shares. Something tremendous would have to change regarding the fundamentals of this company (like a scandal) for the overall thesis to change. There may be some near-term price pains as NVidia gets all the focus, but to meet demand in the semiconductor and AI space, NASDAQ:AMD is poised to fulfill that roll in the future. Target #1 = $158.00 Target #2 = $175.00 Target #3 = $188.00 Target #4 = $205.00
In my last chart I didn't account for the market trading sideways before heading downward so I have decided to do another chart. There is a FED meeting this week. I suspect on the day of the announcement on Wednesday, Dec 18, the SPY will be more volatile like it has been on the last few announcements from the FED. Then on Thursday and Friday following the announcement, the SPY will continue to go lower (regardless of what the Fed states) stopping before Christmas. I trade based on what the charts indicate not on current events. The charts will often account for future events. If you look at the weekly charts, it is also indicating a downward trend.I will try to post a weekly chart to this idea so you can see what I am talking about. I have marked where I think the SPY will drop to on the chart (around 584) This is just a short term downward trend. I believe on Thursday and Friday, the SPY will drop about 9 points each day and on Monday and Tuesday it will drop a little or trade sideways. After Christmas, I believe the SPY will go back up. But I will draw another chart showing what I believe will happen after Christmas. If you look at the previous months, after an upward trend of about 10 to 14 days, the market retraced for a few more days. The SPY could retrace to any point on the Fibonacci numbers. But I just believe it will drop for 3-4 days (like it did in the previous months) to a 100% drop before continuing it's climb upward. I am using the Heikin Ashi Candlesticks as I find you can see a definite directional pattern with them on the chart itself. Typically, I will just trade with the dominant trend and I will wait for 2 green Heikin Ashi Candlesticks before I enter. But this time I am showing the brief retracement that will happen before Christmas. I will probably enter this short trade briefly to make a little money. Happy trading everyone!