The USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.9094 2nd Support – 0.9063 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Look at the current GBPUSD movement, I'm expecting the price to go upside at least touching 1.2300 level. Yesterday, seller was strong during asian session but buyer gain the power toward Europe & US session. The daily candle end up closed at 'doji' pattern which hint to strong bullish pattern. During Asian session today, price is doing the healthy pullback. I'm expecting it will touch "base" level as per drawn in chart and move to upside again. My intraday target is at round number 1.2300. What do you think? mind to share? Good luck & Happy trading
FXI Technical Analysis: Testing Key Support Before Potential Upward Move on Policy Developments Description: In this analysis, we examine FXI (FTSE China 50 Index ETF) and its recent volatility trends between January 17 and February 21, 2025. FXI has seen a significant drop in implied volatility from 117.10% to 37.82%, accompanied by a drastic reduction in open interest from 123,059 to 5,247. This indicates a potential decrease in market uncertainty regarding the Chinese market. Key Points: Implied Volatility: Decreased from 117.10% to 37.82% Open Interest: Decreased from 123,059 to 5,247 Near-term Volatility: 3.10 (>1 abnormal) Analysis: FXI is likely to test the lower support level around January 17, which also aligns with a critical resistance area. Following this, based on upcoming policy decisions related to Trump’s inauguration and U.S.-China relations, FXI may either move upwards or consolidate sideways. My assessment leans towards a greater potential for an upward movement, driven by positive policy developments. Trading Strategy: Support Test: Monitor FXI as it approaches the key support level for potential entry points. Upward Bias: Look for bullish signals post-support test to capitalize on the anticipated upward move. Risk Management: Implement stop-loss orders to protect against unexpected downward movements. Join the Discussion: What are your thoughts on FXI’s potential move? Do you agree with the upward bias based on policy developments? Share your insights in the comments below!
?#BTC rebound has been achieved✔️ ?From a structural perspective, we reached the overlapping support zone and started the rebound, and tested the support near $90,000, which worked well. The rebound occurred as expected. If you have participated in long trades based on this idea, you have already made quite a good profit. You can reduce your holdings and expect more. ➡️Since we tested the support near $90,000 and quickly recovered and are within the weekly support zone, we should continue to maintain a bullish view next. If there is a suitable pullback, it will be a good opportunity for us to re-enter the long trade. Let's see? ?If you like my analysis, please like? and share? BITGET:BTCUSDT.P
PROMUSDT (Prom) Daily timeframe range. its holding pretty well compare to many other alts. despite recent market dump it had pump thats good performance there. now PA trying to stay over 7.804 if it can next resistance to look at is 10.513.
Last week was a particularly choppy one for gold. While the 2680 target was reached and even exceeded, with a peak near the critical 2700 level, trading conditions were difficult due to sharp and unpredictable price movements in both directions. Yesterday, the price dropped significantly, forming a clear bearish engulfing pattern on the daily chart. When combined with last week's choppy price action, this indicates we may be on the verge of a downside reversal. My strategy is to sell during rallies, targeting 2600, with a stop loss or invalidation level above 2700.
we are going for a shorttty boyzzz hannnn lets gooo
OANDA:EURUSD Update: The pair is currently trading within a descending channel, but has found support at the lower end. Strong volume has accompanied the recent bounce, suggesting increased buying pressure. Key implications: - Potential reversal of the downtrend - Support zone established at the lower end of the channel - Target: Previous resistance zone (upper end of the channel)" Best wishes Tom ?
Today Again I'm in Selling again from 2669/2672 Today my PPI Target Is 2635 and for now you can set your target 2655
Trade Alert XAU/USD Buy Alert 1. _Entry:_ $2,670 2. _Target:_ $2,690 3. _Stop Loss:_ $2,660 Trade Details - _Risk:_ $10 ($2,670 - $2,660) - _Reward:_ $20 ($2,690 - $2,670) Monitor the trade closely and adjust as needed.