If GT holds above $11, I anticipate a parabolic move toward higher targets so ? 9xx at $100 (✨) Explanation: : The height of the triangle's base—the distance between the horizontal resistance ($11) and the lowest point of the triangle ($3.5)—is used to calculate the target. In this case. When the price breaks above the resistance ($11), you add the base height to the breakout level ie around $120 in a logarithmic view but 100$ in a conservative view
Just look at charts and do your own homework this is one indicator that shows it well but it’s not the only one that shows the trend is UP wards. Not finacial advice don’t copy my ideas.
Price has broken out of the descending trendline, which originated at the end of October this year. Now with price forming a consolidation outside of the trendline, there's a potential that we could see a push from from the buyers and a new impulsive move. A break and close above the consolidation, may be an opportunity to get long this market if it meets your strategy rules.
It appears to be within a large diametric pattern where wave E has recently concluded. After a brief period of consolidation or minor negative fluctuations, it could move toward the targets of wave E. By maintaining the green zone, the price may move upward. Closing a daily candle below the invalidation level will invalidate this analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
BINANCE:GALAUSDT INDEX:GALA Possible setup: Lower entry recommended for long position! ⚠️ No worry if we miss it, there will be plenty of others opportunities! Disclaimer:It's not financial advice ....
I discussed more of the fundamentals that have impacted the Gold price in my long-term analysis post and how this might play out leading up to Trump's inauguration. In this post I wanted to look at some interesting technical insight that emerged late in Friday's trading session. We saw Gold drop from a high of around 2721 at the start of the week in the NY session as news of the Israel Hezbollah ceasefire filtered through and Scott Bessant as Trump's pick for Treasury Secretary was parsed by the markets. Looking at the Fib retracement levels established following that dip, the recovery in the Gold price has found resistance at each level. I've been playing with LuxAlgo's Smart Money suite of indicators and, in particular, the Fair Value Gap (FVG) and Structure indicators. This has provided some interesting price action insights in the later half of this week. We saw the Asia/London session on Friday send the Gold price up to 2665 with two notable FVGs develop on the 1H chart. The second of these overlapped a Break of Structure (BOS) in the uptrend and the 38% Fib level leaving a liquidity gap in the process. The NY session saw a retracement back to this level as the Fair Value gap was closed. This appears to be a strong indicator of resistance at arounf the 2650 level and a likely sign of a rebound when trading resumes on Monday. With little significant economic news next week, lower yields and US dollar and an increased likelihood of a US rate cut in December it appears that the Gold Price is primed to rise in short-term trade. If the price stays above 2650 into the Asian session this should prove to be a good entry for a long trade with fib levels at 2660, 2677 and 2693 offering useful TPs for anyone looking to play along.
Mendi from Linea ecosystem going to the moon by the end of the 2025 Q1.
https://www.tradingview.com/x/oMtACwbe/ Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to sell EURUSD. ❤️ Please, support our work with like & comment! ❤️
Tornadocash has had a great breakout and missed it. It was in good accumulation. I will try if I get entry around the 8-5$ range, but it will be high risk for sure. Have seen many in the past being exit liquidity pumps
https://www.tradingview.com/x/afcL1X15/ The recent price action on the QQQ pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️