Today's buying and selling boundaries: 1.4345 Support and resistance levels: 1.4404 1.4382 1.4368 1.4322 1.4308 1.4286 Trading strategy: If the price breaks through 1.4345, consider buying, the first target price is 1.4368 If the price breaks through 1.4322, consider selling, the first target price is 1.4 308
OKX:XRPUSDT.P has been trading inside a parallel channel for 66 days since January 16, 2025. Now, the price is breaking out to the upside! ? The key strategy here is waiting for a retest if the price successfully flips the channel into support, it could be the perfect entry for a strong upward move. ? Potential upside? 40%+ if the breakout holds and momentum kicks in! ? Watch for: ✅ Retest & confirmation of support ✅ RSI & momentum indicators aligning ✅ Heatmap support ✅ Gold cross of MA 200-D/50-D Are you catching this move? Share your thoughts in the comments! ??
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/USD Sell. Enjoy the day all. Cheers. Jim
So this time the market gapped up, lol by like 22 points so that's pretty big. My assumption here is that the market fills the upper gap RSI and/or MFI go overbought and it cycles back down before next Wed's tariff announcements. PCE gets announced Wed so not shorting anything before then even if MFI and RSI get overbought. Will post a comment when I see it go overbought, no time to post during the day. BTW: For people who don't understand what I'm talking about, futures gaps almost always fill, it's not the same as daily indices. If you don't believe me, just go look for opens gaps in the past. Also, I prefer 3hr charts on US index futures, has worked well in the past.
Today's buying and selling boundaries: 0.6278 Support and resistance levels: 0.6326 0.6308 0.6297 0.6260 0.6248 0.6230 Trading strategy: If the price breaks through 0.6278, consider buying, the first target price is 0.6297 If the price breaks through 0.6260, consider selling, the first target price is 0.6248
This week, the price of gold continued to hit new highs. As the geopolitical situation may continue to help the price of gold rise, gold closed higher at the end of the day after a sharp drop, and a large positive line was recorded at the weekly level, further indicating that gold bulls are still in the initiative. According to the form, if gold continues to break above the 3,000 level, there is a high probability that there will be a five-wave rise to break through the previous high. The opening strategy considers retreating low and long first. Plan: Buy when gold retreats to 3012-3007, target 3037-2047, stop loss around 5 USD
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a XAG/USD Sell. Enjoy the day all. Cheers. Jim
I was studying the momentum to the upside I am pretty much convinced that the elephant stepped in the pool(liquidity) and the corrective move to the downside it solidifies my long position and I have my heat wave entry instrument I would be looking to take more positions
Fellow traders! MEUSDT is exhibiting classic ascending channel behavior. Having tested the lower channel boundary, the price is likely to advance towards the upper channel boundary, with a potential target near $1.300. Implement prudent risk management. BINANCE:MEUSDT
? TRON (TRX) is stuck in a descending channel! But how can you trade this setup effectively? Let’s break it down: ? What is a Descending Channel? A descending channel forms when price makes lower highs and lower lows, staying between two parallel trendlines. It shows a downtrend, but it also creates trading opportunities! ? How to Trade It? ✅ Breakout Strategy: If price breaks above the channel and retests, it could signal a bullish move! (Potential target: $0.29) ✅ Breakdown Strategy: If price drops below the key level, it might dump to the next support ($0.19). ✅ Mid-Range Trades: You can short at resistance and long at support inside the channel – but only with strong confirmations! ? Pro Tip: Always wait for confirmation candles before entering a trade to avoid false breakouts! ? What do you think? Will TRX break out or dump? Comment below! ?? ? Tag a trader who needs to learn this! ? #CryptoEducation #TradingTips #TRX #TradingView #Miracle #TradeWithMky #MegaAltseason 2025