The backdrop is my prediction of a 2008-style crash, with Bitcoin (BTC) dropping to $26k (see related ideas). During the crash, I’ll aim to capitalize on short-term moves, targeting clear patterns with high reward-to-risk ratios. Following a prolonged consolidation—resembling a triangle—an impulsive wave down has begun to form. I now expect the 200-hour moving average (MA200 H1) to act as resistance, pushing the price to a new low and trade accordingly.
Who knows... just posting this to watch. "In 1930 the republican controlled house of representatives in and effort to alleviate the effects of.... anyone, anyone?? GREAT DEPRESSION.... Passed the.... anyone, anyone?? tariff bill - the Halwey-Smoot Tariff act which Anyone?? Raised or Lowered? RAISED Raised tariffs in an effort to collect more revenue for the federal government. Did it Work? Anyone, Anyone know the effects? IT did not work and the United States Sank deeper into the great depression! -FERRIS BULLERS DAY OFF
Paal could see a potential upwards movement if the four hour candle could close above the current resistance
Greetings, Hello traders, this is the XAU-USD 15m pivot resistance zone. Based on market trend and previous day movement. Intraday resistance 5 is represented by the yellow line. (3097) And circular figure 3100 may act as a resistance zone. Key levels; Entry: 3097 Target: 3077 Stop loss: 3117 Risk Reward Ratio 1:2 Your likes and boosts motivate us to keep learning and sharing ideas!
Welcome back! Let me know your thoughts in the comments! ** Amazon Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Don't panic. Let's try to find the opportunity here. Let this be a place free of fear p0rn. Yes, we bounced, but as you can see - we bounced at a perfectly logical place. IF we go lower, where MIGHT the bottom be? Where might we get a major bounce? Let's assume this is something "historic". What I have indicated in the chart would be a crash worse than COVID, but not AS BAD as the Global Financial Crisis. Take the long-term support (going back to GFC) and extend it out. Take the PRE-COVID high and extend it out. This may be an important coordinate, and even if we touch either of the lines, I would expect some bounce. Let's see how it plays out. STICK TO YOUR STRATEGY. Don't panic!
Gold reversed successfully after touching our entry point, moving to over 1400 pips. We previously advised closing the idea, but now we see a strong bullish market likely to create another record high. The ongoing tariff war between China and the US will likely create more fear in the global market.
Missed on one opportunity to buy XAUUSD at $3050 area for a short term swing but will look for one lower and above current price for some action. Bigger chart is indicating no supply above, so I prefer longs.
Data Speaks About SPY: 1️⃣ Trading above key support zone (480/495): The stock is holding above critical levels, which suggests a potential for stability or a rebound if these levels hold. 2️⃣ Below 10-day MA: Currently trading below the 10-day moving average, indicating short-term bearish sentiment and lack of upward momentum. 3️⃣ Failed attempt to re-enter downward channel after sharp decline: Despite a brief attempt to recover, the price failed to re-enter the downward channel, signaling persistent selling pressure. ? Outlook: While the stock shows oversold conditions, the bearish momentum is still intact. However, as long as it stays above the 480/495 support zone, there’s potential for a rebound.
The "reciprocal tariffs" of former US President Donald Trump have now officially come into effect. While he vigorously promoted the thorough restructuring of the global trade order, it dealt a heavy blow to the world economy. Coupled with the "reciprocal countermeasures" against US tariffs by countries such as Canada, China and others, the market's risk aversion sentiment has intensified, which in turn has spurred the gold price to strengthen. As can be seen from the chart, currently gold has ignored the resistance level at 3055 and reached 3085. In the short term, the key resistance levels to focus on are in the range of 3095 - 3100. It is recommended to mainly adopt the strategy of going long on pullbacks, supplemented by shorting on rebounds. Trading Strategy: buy@3050-3060 TP:3080-3090 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!