SOL ~ 2D #SOL the price got a pretty good reaction at this support block area. This is also the Golden Fibonacci area. Buy gradually on this support block,. with a minimum target of 20%++
Selling from a Weekly FVG in alignment with the bearish Dol on the Monthly. Having two 4h FVGs from the weekly confirm bearish momentum....... price might be slow cause cpi is tomorrow but I'm swinging this so let's get this
Last trade recap: It was a great trade, and we made a profit. After those lows swept, we made a move upward. This trade here, I'm seeing bullish. On the daily chart, we see a liquidity sweep off of a daily low. and now on the 30m timeframe, we can see a break of structure I already entered. Might have been good if I waited for an order block or a fair value gap But my SL is set lower than any order block or fvg should not pass it. What do you guys think?
So there was a turtle once who said, I could beat a rabbit... Well he did. He just called his buddy Wild E. and said dont let him cross that red line....Well the turtle forgot to tell Wild that the start line is the finish line too...
this pair so clear guys... lets trade like 'following the trend' so, you can make some money disclaimer this is not a signal i just share my idea here be smart
I am of the opinion that the stock price is more likely to fall than continue going up. So, let's wait for the confirmation where the share price breaks down from the green bullish trend line. You can see the risk reward ratio is very attractive, using little capital for a good profit margin. We can also see after the peak on 11 July 2024, it has come down to a lower high at the 40,000 price level 4 times but fails to break above it each time. This is a clear signal that the market is exhausted and selling or profit taking is here. Could I be wrong and the price breaks out from the symmetrical pattern and goes higher ? Of course! That is why you need a tight stop loss to protect yourself so that over time your losses are lesser than your gained capital netting a profit.
You ever wonder why support and resistance is so hard to spot...well sometimes those lines are curvy and are unknown...but when they come around and your RSI is looking good...Just remember that you may not have 99 problems...but this trade sure is one.
Gold prices edged slightly higher to $2,663 in the early hours of Tuesday's trading session, with the overall trend becoming more appealing than ever. Gold remains confined within a range, moving sideways just below the $2,665 resistance level. This resistance has been tested, and the EMA 34 and 89 lines are showing signs of convergence, signaling a potential reversal if favorable conditions arise. This opens up buying opportunities for investors. In terms of gold's recent performance, the precious metal gained momentum following the release of the World Gold Council (WGC) report. The WGC revealed that the People's Bank of China (PBoC) increased its gold reserves in November after a six-month pause. China's gold reserves rose to 72.96 million ounces by the end of November. This increase coincided with a period of sharp declines in gold prices due to sell-offs after the U.S. election results. Looking ahead, short-term technical charts suggest continued upward momentum. However, the U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) data, set to be released on Wednesday and Thursday, will take center stage. These figures are expected to directly influence the Federal Reserve's interest rate decisions, shaping the long-term outlook for gold prices during this period.
Price is currently dropping towards our demand level and any bullish reaction at this level cloud leads to bullish movement.
CRYPTOCAP:PEPE We may see a potential upward movement if the price holds above the highlighted grey zone. Stay tuned for further insights!