On the Monthly we can see a beautiful falling wedge pattern on BNTX . From current price point of $126.00 there is still 200% expected! Breakout $88.00 Total Appreciation = 330% Target $380.00 Lets see!
Ready to go up in my opinion. Got a solid risk reward setup. Break of Swing high, with FVG retest. Solid entry let's see :)
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Simple, just see my setup and go for it. i'm too lazy to write long discription because i just headup from my bed
Recent price action shows a consistent lower high formation, suggesting that the bulls are losing momentum The next significant support comes in around 195.800 and a Further downside targets could push GBPJPY towards 195.000 Stay informed about any fundamental updates that could trigger sharp volatility, but based on the current setup, a bearish outlook on GBPJPY looks promising
The current trend shows consolidation after a prolonged bearish phase. The middle Bollinger Band could act as dynamic resistance or support, depending on the breakout direction. Narrowing of the Bollinger Bands suggests lower volatility, often a precursor to a significant price move. A break above $1,700 could confirm a bullish reversal. A drop below $1,200 may signal continued bearish pressure. A breakdown below the lower Bollinger Band could indicate further declines. Target levels: $1,200, $1,000.
Trade Setup: Bullish Scenario: Entry: A confirmed breakout above $10 with volume or a retest of the ascending trendline around $9. Targets: Short-term: $12.50 and $15.00. Long-term: $17.50 and $20.00. Stop Loss: Below $8.50 to invalidate the ascending trendline structure. Bearish Scenario: A breakdown below $9 (demand zone and ascending trendline) could signal weakness. Targets: $8.00 (minor support) and $6.50 (strong support). Stop Loss for Short: Above $10.50 to avoid fakeouts.
On the 30m chart the bulls are taking the price up inch by inch. Recently they have posted a Higher Low HL and a Lower High LH which is conflicting in nature. But if the bulls succeed in breaking this lower high we also become their strength by joining them. pl share your thoughts how we can improve this.
the 100k to 103k was the perfect area for the liquidity grab to finish this complex head and shoulders pattern and getting above 100k was definitely going to sucker more longs into the market. Check out my other charts. I’m not right 100% of the time but I’m right way more than wrong and have a very strict risk management system that I don’t budge on ever. I’m just here to help others see the market a little different. I’ve been involved with bitcoin since 2013 and I can tell you I’ve seen way more traders loose then win in this market. They come and go every few years. Trading is a tool we use to get the freedom we want. It’s also a serious business. Not a casino. I just hate seeing people loose everything they have year after year after year. A lot of people can read charts. But it takes a lot more discipline and a certain mind set to master trading. I’ll continue to update when it’s time. Be safe out there everyone. Take care. God bless all
Nasdaq The Nasdaq closed lower due to disappointment following Nvidia's new product announcement. On the daily chart, the MACD failed to converge with the Signal line, turning downward, and strong selling pressure emerged. If the weekly chart shows a candle with an upper wick breaking below the 10-day moving average, a dead cross on the MACD is likely. On the daily chart, the index has found support twice at the 60-day moving average. However, if it breaks below this level during the current selling wave, there’s potential for further declines toward the monthly 5-day moving average at 20,880. The 240-minute chart has triggered a sell signal around the MACD zero line, indicating the possibility of steep declines if selling continues. The Nasdaq is currently forming a pattern of lower highs, favoring sell-side strategies. However, with Friday's non-farm payroll data approaching, pre-market movement may remain range-bound. Oil Oil closed higher, finding support at the 5-day moving average. Although it hasn’t pulled back to the 3-week moving average on the weekly chart, continued gains this week could result in a candlestick pattern that reflects support at this level. Strong buying momentum persists on the daily chart, making buy-side strategies advantageous. Selling opportunities may arise if oil challenges the previous high at $76. The steep divergence between current prices and daily moving averages suggests the need for some price or time correction to bring the moving averages closer. On the 240-minute chart, a sell signal emerged but was followed by a short-term rebound. Given the divergence and angles of the MACD and Signal lines, an immediate breakout to the upside seems unlikely. If prices rise but the MACD fails to form a golden cross, a pullback is likely. Avoid chasing the rally; instead, focus on buying dips at key levels and selling at highs. Gold Gold closed higher with an upper wick, showing significant volatility following economic data releases. On the daily chart, gold continues to consolidate within a range. As Friday’s non-farm payroll data approaches, further consolidation is likely, so avoid chasing buying at highs or selling at lows. The MACD and Signal lines on the daily chart show minimal divergence, indicating a range-bound movement. On the 240-minute chart, another buy signal has appeared, but given the upcoming data releases, it’s more practical to approach this as part of a range-bound strategy rather than expecting a breakout. Exercise caution and focus on range-trading until clearer trends emerge. ■Pre-Market Trading Strategies Nasdaq - Range-bound Market -Buy Levels: 21,280 / 21,230 / 21,160 / 21,060 / 20,990 -Sell Levels: 21,450 / 21,505 / 21,555 / 21,600 / 21,680 Oil - Bullish Market -Buy Levels: 74.20 / 73.80 / 73.10 / 72.70 -Sell Levels: 74.90 / 75.40 / 76.40 / 77.20 Gold - Range-bound Market -Buy Levels: 2,659 / 2,654 / 2,649 / 2,644 / 2,635 -Sell Levels: 2,669 / 2,676 / 2,681 These strategies are applicable only during pre-market hours, with profit-taking and stop-loss levels set as follows: Nasdaq: 15 points, Oil and Gold: 15–20 ticks. Trade successfully while keeping an eye on market indicators!