In one of our last AUDJPY analysis, we indicated that price looked foppish. Since then, we've had almost a 2000pip drop! That big drop can be marked as wave 1 in our new bearish impulsive trend. We are now in Wave 2, which is an ABC correction. We have completed Wave A (3 waves). We are now in Wave B (3 waves). We're currently in subwave b of wave B. Expecting subwave c to appear very soon. Trade Idea: - Watch for bearish price action on lower timeframe - You can use trendline break, fibs or BOS to find the reversal point - When entered, put stops above subwave B. - Target: 91 (750pips) 4Week Chart https://www.tradingview.com/x/pKcO3gu6/ Goodluck and as always, trade safe! See our previous setups below: https://www.tradingview.com/chart/AUDJPY/JxRPT86M-VIP-AUDJPY-SHORT/ https://www.tradingview.com/chart/AUDJPY/n7M1KsJa-AUDJPY-Looking-Toppish-BIG-Drop-Inbound/
BTC trade with 50x looks juicy there's many things I cant show look below / / / / / / / there's nothing here
Ichimoku Cloud The red cloud indicates a prevailing bearish trend in the past. Flat areas of the cloud highlight potential future resistance zones. Key Support and Resistance Levels Key Support (Orange Line): Around 2,649.77 Important Resistances (Yellow and Green Lines): First Resistance: 2,655.39 Second Resistance: 2,667.41 Risk and Reward Area The red area below the chart represents the Stop Loss zone (loss area). The green area above indicates the Take Profit zone (profit area). A trade has been executed with a balanced risk-to-reward ratio. Relative Strength Index (RSI) Current RSI value: 47.58 RSI below 50 indicates relative market weakness in the current state. Green Arrows The green arrow at the bottom of the chart suggests a potential bullish reversal from the key support level. Analysis Conclusion: The recent downtrend has tested the support level at 2,649.77. If the price stabilizes at this level and breaks through the first resistance at 2,655.39, there is a possibility of growth towards the next resistance at 2,667.41. The RSI needs to cross above 50 to confirm buyer strength. Otherwise, breaking the support level may lead to further decline. https://www.tradingview.com/chart/GOLD/AYnX8BPr-XAU-Gold-4H-Trade/
Time Frame: - Daily: FVG Identification - H4: FVG Identification - H1: Entry Signal 1. Fair Value Gap (FVG): On the H4 chart noted a Fair Value Gap (FVG) between 1.2700 - 1.2715 On the Daily chart also note FVG between 1.2680- 1.2712 2. Trend Confirmation: Price has break consolidation support at 1.2715. Price has now rising back to Daily FVG area. 3. Position: Entry: Waiting Confirmation Stop Loss : 1.2720 Take Profit: 1.2500 (fibo 161.8) RRR : 1:10x Note: Still waiting for entry confirmation. ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
https://www.tradingview.com/x/YzHUf8i1/ Hello,Traders! GBP-JPY is trading in an Uptrend and the pair made A bullish breakout of the Key horizontal level of 194.327 And the breakout is confirmed So we are bullish biased and We will be expecting further Growth after a potential pullback Buy! Comment and subscribe to help us grow! Check out other forecasts below too!
EURUSD With Specific Targets. Current Price 1.05000 Sell Entry Bearish Pattern 1st Target 1.05681 2nd Target 1.05950 This Trade setup Appears to be Focused on The idea EURUSD Reverse to Moving the Down Side. You Can See more details in the chart.
After breaking through the box, we can expect growth towards the targets. 0.7$, 1$
Formed a box, after the breakout you can expect to achieve the goal - $0.01
BINANCE:ENAUSDT : Here with another speculation about crypto assets. This time Ethena token with ENA ticker. Let’s take a look at the project’s information: Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'. $ ENA Market Cap: $ 3.61 B Market Cap Rank: #46 Market Price: $ 1.23 ATH: $ 1.52 (-19.73%) ATL: $ 0.19 (+523%) Source: Coin Market Cap Besides, Trump's World Liberty project spent 500K CRYPTOCAP:USDC to buy 509,955 $ENA. Not much investment but shows that Ethena is in spotlight. That’s what we need for now from Ethena project. Okay then, let’s see what we have on the chart. - W1: Trend: Price has been in an uptrend for 100 days. Price has broken 3 major resistances in this last week’s uptrend. The first resistance level was $ 0.5 smashed on the 7th. Nov. Price was rejected from another resistance and came back for an S/R test on that $ 0.5. With $ 0.5 proven as support, the price attempted to break another resistance at $0.68. Broken this level too and at its 3rd attempt. $0.77 broken easily and even a major supply of $ 1.05 ~ $ 1.15 was absorbed recently. This is the last known resistance level and will probably be touched again for the S/R test. I’ve marked important levels for a better understanding. MAs: On a daily time frame, we can see the golden cross and the Price move above all key MAs. This is bullish as long as it keeps this setup. RSI: on a daily time frame, RSI doesn’t look so good. Already in an overbought zone and a bearish divergence is on the chart. This means the price will more likely have a pullback or sideway move before any continuation. In the weekly time frame, we have RSI on the edge of the overbought zone but still have room to develop. This means, I expect a small pullback within the current week and then a bullish continuation to the new ATH. Stoch. RSI: Stochastic RSI is in good shape in the daily time frame. Bullish crossover in D1 and value is around 56 which shows strong momentum. Volume: Volume increased in the daily time frame to validate the breakout from resistance levels. Supports: $ 1.00 ~ $ 1.14 broken resistance level $ 0.95 Ma20 in D1 $ 0.67 Ma50 in D1 – Broken resistance level $ 0.48 - $ 0.52 Demand zone- Ma200 in D1 Resistances: $ 1.5 D1 ATH Fibo extension levels Conclusion: All these opinions are mine and can be wrong, so please DYOR. This coin has strong fundamental and technical advantages My strategy goes as below: ? Pair: ENA/ USDT ? ? Bitcharge ? ? 16/12/2024 ? POSITION: ?"Buy"? 2 % of capital ? Buy: $ 1.05 – $ 1.15 ? ?Sell Targets? ?TP1: $ 1.30 ? ?TP2: $ 1.45 ? ?TP3: $ 1.65 ? ?TP4: $ 1.85 ? ?TP5: $ 2.05 ✈️ ?TP6: $ 2.30 ? ?TP7: $ 2.50 ? ?TP8: $ 2.80 ? ?TP9: $ 3.20 ✨ ?TP10: $ 3.50 ⭐️ ⛔️ SL: $ 0.80 ⛔️ by closing D1 Below
Der Bär kommt! Lauf! Auf dem Bitcoin-Chart ist eine klare steigende Keil-Bärenformation zu erkennen. Es wäre ratsam, nach dem Ausbruch vor starken Rückgängen auf der Hut zu sein. Viel Glück