The OANDA:XAUUSD must close below 10 SMA before taking shorts. The bearish harmonic is valid until $2988. Final Target $2727
We are back in this blog space after a couple of days holiday. The RUSSELL 2000 ETF AMEX:IWM failed at the same price point which it failed back in Nov 2021. It seems Price having a memory. It failed at the same price it failed in Nov 2021. After it failed from the top on 16th Dec 2024 it has recently retraced back to the 0.236 Fib retracement level @ 2237. It has been consolidating at that level and if it breaks down then the next support is @ 2167 . Before the AMEX:IWM breaks out form this pattern it has to complete the wedge forming consolidating pattern. In my opinion the direction will be decided by the TVC:US10Y . As long as the TVC:US10Y stays below 4.5% the AMEX:IWM can consolidate here and then my break upwards as long as the bull market remains intact. Direction of AMEX:IWM will be determined by TVC:US10Y
Brothers, did you short gold? As I mentioned in my previous article, I have already entered short positions in the 2930-2940 zone. Today, gold has broken below Wednesday’s low, which has to some extent opened further downside potential and strengthened the probability of continued decline. Moreover, under the pressure of the head and shoulders pattern, I believe gold is highly likely to retest the 2920-2910 support zone today. I have followed my trading plan and am currently in profit on my short positions. We can continue to hold and wait for further profit expansion. Did you follow me in shorting gold?If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
2/21/25 :: VROCKSTAR :: NYSE:GLOB Too extreme, swinging long - title says it all - mkt is paying cash heavy portfolios to buy ex post over reactions and not play the russian roulette of EPS season - feels like NASDAQ:NICE again, even if it's more expensive, diff company/ industry etc. etc. and more expensive. - but come'on V
https://www.tradingview.com/x/HetVTLBb/ My dear subscribers, This is my opinion on the EURNZD next move: The instrument tests an important psychological level 1.8197 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.8280 My Stop Loss - 1.8154 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Horizontal and Diagonal daily resistance point. Double bottom formed on daily. Cortical juncture here to decide who is in control and has momentum. Bears vs Bulls ? CRYPTOCAP:BTC #bitcoin
https://www.tradingview.com/x/1RrnRgzT/ NZDUSD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell NZDUSD Entry - 0.5755 Stop - 0.5789 Take - 0.5693 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Ethereum has been very disappointing so far this cycle, but the chart on the daily is beginning to look much better than it has in recent weeks. For me a key level is the $2780 area, acceptance above puts ETH back into the midsection off this rangebound environment with a look to reach the next key level at $3200. To get there the 1D 200 EMA will be the first area of obvious resistance around the big even level of $3000. A rejection off the $2780 I could see a move to backfill the daily wick towards the local bottom, if that were the case it would be because BTC has rolled over and lost its $91K support.
➡️ GETTEX:APE / USDT (1W Timeframe) #Apecoin has tested a key support zone and is showing signs of a potential bullish reversal. The previous rejection from this level led to a significant price surge, and we could see history repeating itself. ?Target Levels: ➡️ T1: $1.435 ➡️ T2: $1.802 ➡️ T3: $2.219
MES!/ES1! Day Trade Plan for 02/21/2025 ?6135-6145 ?6115-6105 Like and share for more daily ES/NQ levels ????? *These levels are derived from comprehensive backtesting and research and a quantitative system demonstrating high accuracy. This statistical foundation suggests that price movements are likely to exceed initial estimates.*