Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- There was a change in the chart while I was writing the idea. Therefore, please refer to the chart attached below. ------------------------------------------------- (TRUMPUSDT.P 1D chart) https://www.tradingview.com/x/NxV17wsG/ Since the chart was created not long ago, it is practically impossible to analyze it. However, I will take the time to explain it as an extension of the explanation of Fibonacci ratios. - (1D chart) https://www.tradingview.com/x/ranbi9n6/ You can check the retracement ratio using the Fibonacci retracement tool on the 1D chart. (30m chart) https://www.tradingview.com/x/hTEeID4e/ You can check the Fibonacci ratio on the 30m chart and analyze the chart. However, I think the Fibonacci ratio is a chart tool for chart analysis, so in order to trade, you need to draw support and resistance points by the arrangement of candles. As I mentioned earlier, since the chart is created not long ago, you can select support and resistance points on the 1M, 1W, and 1D charts, so even if you draw support and resistance lines, their role is likely to be weak. Therefore, I think it is better to trade these coins (tokens) in short-term transactions such as scalping or day trading. If the trading period is long, the psychological burden is likely to increase, which can lead to incorrect trading. - https://www.tradingview.com/x/auUzLGGT/ The HA-MS indicator was activated to indicate support and resistance points. If you activate the Fibonacci ratio drawn on the 1D chart, it is as follows. https://www.tradingview.com/x/eFgP3PNg/ You can see that the maximum range we can trade is 28.0-70.654. If we go outside this range, a new wave will be created, so new support and resistance points are needed. At this time, a chart tool that can help interpret the chart is the Trend-Based Fib Extension. - Since the HA-Low indicator was formed at the 40.245 point, we can see that the low point has been formed. Therefore, if it shows support near the HA-Low indicator, it is a time to buy (LONG). Since it has currently fallen below the HA-Low indicator, it is highly likely that it will update the latest low, so it was possible to enter a sell (SHORT) position when it fell from the HA-Low indicator. As the price falls, I think it is better not to make a new transaction until the HA-Low indicator is newly created or the existing HA-Low indicator rises and shows support. If it is supported by the HA-Low indicator and rises, - 46.618 - 63.882-70654 You should check for support in the above section. If it is not supported, it is a time to sell in parts. In my chart, the MS-Signal indicator is an important indicator in terms of trend. Therefore, in order to turn into an uptrend, the price must be maintained above the MS-Signal indicator. - (12h chart) https://www.tradingview.com/x/aPK8YEYa/ The current chart is so new that it is virtually impossible to see the trend. If you want to draw with the Trend-Based Fib Extension tool, the largest time frame chart you can draw is the 12h chart. The point where the finger points is the selection point. (30m chart) https://www.tradingview.com/x/mcrw4QWE/ The chart above is drawn with the Trend-Based Fib Extension tool. The circles marked on the far right correspond to important support and resistance zones. When interpreting Fibonacci ratios, the 0, 0.5, 0.618, and 1 ratios can be interpreted as key ratios. Therefore, if it falls below 1, it may fall to around 1.618 (2.198), so caution is required when trading. The 0.618 (35.663) ~ 0.5 (39.612) section can be interpreted as an important support and resistance section. Since the HA-Low indicator is formed within this section, it can be interpreted that the role of support and resistance is emphasized. Even if the Fibonacci ratio is drawn in this way, it can be helpful in setting the timing of trading only when it is interpreted in accordance with the support and resistance points drawn on the 1M, 1W, and 1D charts. Otherwise, it is likely that your subjective thoughts will be included and the transaction will proceed in the wrong direction. - The support and resistance points must be drawn by looking at the arrangement of candles on the 1M, 1W, and 1D charts to be activated as support and resistance points. The support and resistance points drawn on the time frame chart below may have a weak role, so caution is required when trading. In that sense, I hope you understand the content of this idea as how to comprehensively interpret the Fibonacci ratio and support and resistance points. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
no drawdown so far, up 10% let's hope the moment holds to secure some more profits but as long as price continues this bearish trend we could see our potential take profit or even lower.
Based on the H4 chart, price is falling toward the buy entry at 1.03444, which aligns with the 50.0% Fibonacci retracement. This level is expected to act as a strong entry point in the bullish setup. Our take profit is set at 1.04365, which aligns with the 100% Fibo projection, targeting a key resistance level and marking a logical exit point for the trade. The stop loss is set at 1.02638, below the recent swing low, allowing room for price fluctuations while protecting against invalidation of the bullish bias. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
? Entry: Above $2.98 (Yellow Line). ? Stop Loss: Set at $2.81 (White Line) to manage risk. ? Targets: First at $3.16 (Red Line) and next at $3.38 (Green Line). Volume confirmation will be key. Are you watching MASS for a breakout? #MASSStock #StockMarket #TradingSetup #BreakoutTrade #TechnicalAnalysis #SymmetricalTriangle #BullishBreakout #StockTrading #NASDAQ #ChartAnalysis #MarketUpdate #TradingStrategy #RiskManagement #VolumeConfirmation #Investing #StocksToWatch #PriceAction #DayTrading #SwingTrading #TradingCommunity
Risky Trade setup. Trading against the Trend What I am currently looking at is a Long Term Pullback trade. We've been breaking structure to the down side but on smaller time frames ive noticed a recent shift in the market telling me we may see a movement towards to the upside. On the Long Term, the discount zone is almost 3000Pips away which is why I believe the market needs to see some sort of short term correction. In the short term market structure we can see a strong Resistance that price is respecting well although.. price made a very strong push to the upside right into the resistance telling us the resistance is now weak and needs to break through. My Prediction - Due to increase of Volume data we have seen a strong demand zone level be created, following this price made a valid 1H Mitigation block which price reacted off. We then made a big push to the upside breakout our first resistance and taking out buy side Liquidity, price then dropped into our OTE and we saw a Liquidity Grab taking out sell side Liquidity confirming we will be seeing price move higher up. I have my stop Loss below the 1H Mitigation Block and my TP at the next level for Liquidation which was the Long term previous Swing High. Good Luck to anyone who follows my trade. Trade responsibly
TRUMPUSDT recently broke out downwards from a symmetrical triangle on the 1-hour chart, signaling potential bearish momentum. ❃The triangle had converging trendlines, indicating market indecision. ❃The breakdown below the lower trendline suggests further downside potential, with $17.854 USDT as the key support level. ❃If the support fails, the price could test lower levels, potentially near 0.055 USDT. Watch for continued bearish momentum and volume increases as confirmation. If price recovers, resistance is around $40 USDT.
My AI-algo shows the long-signal Price: $104 107,03 Margin: x3
Dear Traders, I wanted to inform you that I am planning to take a short position on gold. Both technical and fundamental factors are strongly supporting this move right now. Recent news, such as the signing of agreements between countries to stop bombings, is a key development that could stabilize the markets. This, in turn, is expected to lead to a decline in the price of gold. This aligns perfectly with the technical signals we are seeing, making the short position on gold a good opportunity. Additionally, I will be taking a second short position to improve the risk-reward ratio further. By scaling in, we can optimize the potential returns while managing the risk more effectively. As always, feel free to reach out to me on Instagram (@sampironi) if you have any questions or want more details. There, you can also find my trading track record, including my myfxbook from the past 3 years, so you can review my trading results. Moreover, I offer fully automated trading software that can help you refine and streamline your strategies. Stay focused and monitor the markets closely. Best of luck with your trades! Best regards, Sam Pironi
?#MKR/USDT Analysis ? #MKR is testing the Daily FVG and has already swept the PWL at $1258. I'm waiting for a confluence to confirm before opening a long position. ? Local resistance level: PMH $2427
The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts to federal agencies, could soon become more official, should an executive order signed by President Donald Trump pass legal muster. On Monday evening, Trump signed an order that renames the U.S. Digital Service (USDS), which was created in […] © 2024 TechCrunch. All rights reserved. For personal use only.