Our three positions are currently open based on our last three ideas on GJ. We’re witnessing a strong bullish movement at the moment. Our next big target is 197, and then we aim for 200. Remember, trading involves risk, so take your own decisions. Good luck and trade safely! Thank you for your unwavering support! ? If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️?
if you keep a close eye on this here is a possible out come for the next few months for Nasdaq so keep an eye out for it but don't be married to it
?Fundamentals: From the news perspective: the United States released a trade agreement and tariff reduction signal, the trade situation eased, resulting in a decline in market demand for safe-haven assets, triggering a sell-off in gold; the situation between Russia and Ukraine has eased, and the dawn of peace talks is approaching, which is a negative factor for gold; at the same time, the situation between India and Pakistan has heated up, which has supported the price of gold to a certain extent. ?Technical aspects: In the past few days, we have been emphasizing that gold should be bearish, and warned that gold is likely to break and fall sharply. Gold, the general trend is as described in the continuous analysis. This round of price has fallen from the historical high of 3500. The first round of selling to 3260 rebounded to repair 3370; after rebounding to 3358 during the week, it weakened again, and the Asian market quickly sold off and fell below 3260. The subsequent analysis emphasized that the short-selling pattern of each cycle is good, and the shock bearish trend continued before the non-agricultural, and the target was adjusted to the parallel attack and defense range of 3193-3168; European and American markets fluctuated and were bearish, which is in line with expectations; short-term resistance 3221, 3226, strong resistance 3231-3235; short-term support 3212, strong support 3202; ?Practical strategy: It is recommended to rebound and sell: short near 3220-3230, target 10-15 points
Successfully penetrating this resistant line with a short -term target of at least 10%+ from here.
IG:RUSSELL 2000 after failing from the highs of 2400 on Dec 2024 which it revisited after 2 years the index made a low of 1700 in April which was the lows of this major cup and handle formation pattern the index has been doing for the last 2 year. We discussed this Cup and a probable handle forming in this blog space for the index IG:RUSSELL a couple of times. As the index is completing its lows of the handle formation in April and off of its lows, we can expect some major move to the upside in this relief rally for $RUSSELL. On the weekly RSI the index touched 20 which marked a multi-year over sold positioning in the index itself. But the question is where does the index go from here ? The fundamental analysis of the Cup and handle pattern will tell us that the index must touch the top of the pattern first where the future direction will be decided. In the medium term the index must touch 2400 again before we can make a long term bullish or bearish call. For now, the upside of this handle pattern will continue. Verdict: IG:RUSSELL can touch 2400 before facing major resistance
hi all Based on the current situation for WTI, with the stop loss hit from the previous trade idea, Plan A now relies on a breakout of the trendline and the support turning into resistance as confirmation for taking a long position. However, if rejection occurs at the trendline or at the support-turned-resistance level, there's a possibility that the price will decline again, given that a breakout has already happened on the daily timeframe. Therefore, closely monitoring price movements around these key levels is crucial before making any trading decisions. Ensure strong confirmation before acting, and keep an eye on shifts in market structure. Feel free to share any new updates, and best of luck with your strategy! good luck all **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support
Chart Is very clear in numbers , Expected to continue correcting to the level of 3160 3170, from there must jump to a very high levels, but except real breaking 3160 with confirmation candles on 4 hours timeframe, will take us to more correction down to 3040 max. not really expected but nothing impossible in market. good luck for all traders.
Buy as uccessfully penetrating this resistant line with a short -term target of at least 10%+ from here.
Expecting around 20 points move any side. Current Price: 152.03 Upside: 162.19, 166.60,171.40 and 176.20 Downside: 145.42, 141, 136.20 and 131.40 Range: between 149.85 and 157.79
In my last analysis, Quaid predicted that gold was at risk of falling and breaking. Quaid promptly told everyone that they could short trade at 3310-3320. At present, the market situation is basically consistent with Quaid's expectations. As of now, gold has fallen to a low point near 3215. And it has been maintained for some time. Quaid speculates that gold will continue to maintain a bearish trend and continue to retreat. Quaid data analysis: From the hourly chart, gold is currently following a wave trend, and the highest point of 3352 is the starting point of wave A. The high point of wave b is at 3320. If the current 3220 is the beginning of the low point of wave C, then be careful of its continued decline. Trading strategy: In terms of the next operation, Quaid suggests waiting for short trading near 3225. If gold falls below 3210 again, then the bottom can directly look towards the 3190-3200 range. Quaid warned everyone not to think that the trading range is very large; because the trading markets in some Asian countries are closed, any terrible thing could happen. It is recommended that everyone take profits in time.