Cup and handle target that no one is looking at. Is this the reason we btc is taking so long to top because whales are still accumulating.? The mega pump If this happends then altcoin season will be incredible
As the market continues to react to various economic indicators and geopolitical developments, Crude Oil prices are currently at a pivotal point. Below are two potential scenarios based on the current market conditions. Current Analysis: Crude Oil is currently facing a critical resistance zone between $71.5 and $72.8. Based on the price action and market sentiment, I foresee two potential scenarios: Scenario 1: Bearish Reversal Resistance Strength: The resistance at $71.5 and $72.8 is strong. Expected Movement: If the price fails to break through this resistance, I anticipate a rebound, leading to a decline towards the $68-$69 area. Action Plan: Entry Signal: Monitor for bearish price action signals, such as a Shooting Star or a Bearish Engulfing Pattern, indicating a potential reversal. Entry Point: Enter a short position upon confirmation of the bearish signal. Target: Set a target at the $68-$69 range. Stop Loss: Place a stop loss at $72.8 to manage risk effectively. Scenario 2: Bullish Breakout Resistance Strength: The resistance at $71.5 and $72.8 is weak. Expected Movement: If the price successfully breaks above this resistance, I expect it to rally towards the $77-$77.5 area. Action Plan: Entry Signal: Wait for a confirmed close above $72.8, ideally accompanied by a strong bullish candle (preferably a long green candle) to validate the breakout. Entry Point: Enter a long position upon confirmation of the breakout. Target: Set a target in the $78-$79 range. Stop Loss: Place a stop loss at $71.5 to protect against potential reversals. Summary The key levels to watch are $71.5 and $72.8 for potential reversals or breakouts. I will wait for confirmation through price action signals befare takeing a decision.
Hey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! ? What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. https://www.tradingview.com/x/aVeVgSeN/ ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. https://www.tradingview.com/x/C4QY64nH/ ?️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. ?Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave Hunter ⚔
This is not a perfect harmonic, far from it. The AB bounce is quite high, although mostly in wick, and BCD is only 0.786 of XAB fibtime wise. Nonetheless, vWAP cross happened with the bearish engulfing and Ehlers UltraSmoother is resistant with down going gradient. Stoch/RSI and VZO flipped a while back and %PCT has been progressively dropping and will no doubt flip soon with that bearish candle.
One of the few Nifty 500 stocks which is showing Bullish price action is AFFLE. The stock is consistently forming Higher Lows and is now perfectly poised to breach new levels. Notice how the price is trading comfortably above the Monthly Pivot which indicates Bulls are in control. I've taken a long position in the stock for a Target to 2100 price level.
The price has formed a bullish wedge on the 1h time frame, and if it breaks out, it can drive the price up to around $10. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
We have been flirting with support long enough and I believe the bears are running out of strength. We have confirmed and H12 liquidity run and H1 break of structure in the opposite direction. The pull back is the trigger. Now we cross our fingers and touch grass AFK ??
During the Asian trading session on Monday (February 10), OANDA:XAUUSD Spot has recovered strongly after a short decline. Gold price has now recovered to about 2,874 USD/ounce, a sharp increase of about 15 USD during the day. US President Donald Trump said on Sunday local time that he would announce a 25% tariff on all imported steel and aluminum on Monday. Trump told reporters aboard Air Force One that the tariffs would apply to metal imports from every country. He did not specify when the tariffs would be applied. Trump also said he would announce corresponding tariffs later this week for countries that impose tariffs on U.S. imports. These comments stimulated the market's risk aversion, the Asia-Pacific stock market and the US stock futures market fell, and the two safe-haven assets, the US dollar and gold, recovered together. https://www.tradingview.com/chart/XAUUSD/fvgdVtxQ-GOLD-MARKET-ANALYSIS-AND-COMMENTARY-Feb-10-Feb-14/ On the daily chart, OANDA:XAUUSD recovered after receiving support from the upper channel edge, and in terms of technical structure nothing changed from previous releases with a bullish bias dominating the technical chart. Maintaining price activity above the 0.236% Fibonacci extension provides the conditions for continued upside with the next target being at $2,891 the 0.382% Fibonacci extension, more so than the original price point of $2,900. With the price channel making a short-term uptrend, along with the Relative Strength Index providing no signs of a strong downside correction, gold is expected to continue searching for new all-time highs. The positions will be noted as follows. Support: 2,869 – 2,844 – 2,834USD Resistance: 2,891 – 2,900USD SELL XAUUSD PRICE 2906 - 2904⚡️ ↠↠ Stoploss 2910 →Take Profit 1 2899 ↨ →Take Profit 2 2894 BUY XAUUSD PRICE 2829 - 2831⚡️ ↠↠ Stoploss 2825 →Take Profit 1 2836 ↨ →Take Profit 2 2841
? GBP/USD Analysis & Forecast GBP/USD has rejected its support zone and is now showing a strong bullish trend, signaling potential upside movement. ? Key Levels to Watch Buy Zone: 1.23935 Resistance Zone: 1.25500 (Key level to break for further upside) Support Zone: 1.22800 (Strong base for buyers) Technical Target: 1.27350 ? Market Outlook Bullish Confirmation: The price has bounced from 1.22800, confirming buyer strength. Breakthrough Levels: A move above 1.25500 could accelerate bullish momentum toward 1.27350. Pullback Opportunities: If GBP/USD retests 1.23935, it could provide a fresh buying opportunity before the next move up. ? Trading Plan: Buy above 1.23935, targeting 1.25500 first, then 1.27350. Stop-loss: Below 1.22800 to protect against downside risk. Watch price action at 1.25500 for breakout confirmation.
London is active & $2896.50 is tagged. If we can drop $2869 as mentioned, this can provide a potential scaling in opportunity to Target 1.