Crude oil at a daily area of value that has been tested and rejected several times. There could be a potential short opportunity that we can look at on the lower time frame 4h. Also when we look at the Daily RSI the RSI line is at the upper band and could potentially react to it. https://www.tradingview.com/x/halm2iaD/ I will be looking to short this on the 4hour or One hour tf
Gold (XAUUSD) Short Opportunity Technical Analysis: On the 1-hour chart, Gold (XAU/USD) is approaching a significant resistance level near $2,640.00, with two key resistance areas identified at $2,647.90 and $2,641.50 which are crucial levels to. The recent price action suggests potential for a bearish reversal from this resistance zone. Entry Point: Near the current market price of around $2,633. - Stop-L (SL):** Above Resistance Area 2 at approximately $2,647.90. Target 1: Around Support Area 1 at approximately $2,623.50. Target 2: Deeper support at approximately $2,605.50. Fundamental Analysis: Fundamentally, gold prices could be influenced by macroeconomic data releases or geopolitical events that impact market sentiment towards safe-haven assets like gold. Current global economic conditions and central bank policies should be monitored closely to gauge further movements in gold prices. Given the confluence of technical pointing to a potential retracement and fundamental factors influencing market sentiment around precious metals: ? This setup offers an attractive risk-reward ratio for traders looking to capitalize on short-term bearish movements in Gold prices.?? Note: This analysis is for educational purposes and not trading advice. Consider market conditions and strategies. Please do not forget the like button, Share it with your friends,thanks, and Trade safe.
?Hi! Hola! Ola! Bonjour! Hallo!? Dear Money Makers & Robbers, ? ? Based on ?Thief Trading style technical and fundamental analysis?, here is our master plan to heist the XAU/USD "GOLD vs US Dollar" Metal market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ? So Be Careful, wealthy and safe trade.??? Entry ? : You can enter a Bull trade at any point after the Breakout. however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss ?: Using the 4H period, the recent / nearest low or high level. Goal ?: 2670 (or) 2680 (or) 2700 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ?. Fundamental Outlook ? Considering these factors, the XAU/USD pair may experience a Bullish trend in the short-term, driven by: US inflation concerns and the need for a hedge against inflation. Central banks' increased gold reserves and potential dovish pivot by the Fed. Decreasing gold supply and increasing gold demand. Bullish Factors: Increasing gold demand from central banks and ETFs. Decreasing gold supply due to reduced mining production. US inflation concerns and the need for a hedge against inflation. Potential dovish pivot by the Fed, leading to a decrease in interest rates. Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any decisions. Take advantage of the target and get away ? Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ?Supporting our robbery plan will enable us to effortlessly make and steal money ?? Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.???❤️?? I'll see you soon with another heist plan, so stay tuned ?
How is you, how is you feeling my friend today? Don't Dogecoin looking ready incoming bullish wave? Great. They is using royal English today! I bring you Dogecoin today on a tough spot. I wonder, is it easy to call for a bullish resumption at this point, or is it hard? What would it be like to see this chart with different eyes... I wonder. Between the 8th and 20th of December, we have a 45% correction. The correction found support below 0.5 and above 0.618 Fib. retracement levels. These levels match a resistance from the October 2021 peak high. Trading volume is many times higher on the rise compared to the drop. It seems the bears are weak. It seems the correction is over. It is no surprise, we are already in the year 2025. I will not be surprised when we experience a sudden rise. There will be no surprises, I am not staying behind. It is only logical, once the correction is over, the market resumes growing and produces a higher high. It will be a wild ride and this year it is certain we will see a new All-Time High... I just realized that there is nothing more to write. I'll meet you on the other side. The end result ought to be pretty nice. Say hi to your wife... I saw her the other night. Namaste.
Really strong bullish dragon at support with massive bullish divergence on the macd and RSI. The weekly closing with a bullish doji at support also, everything you want to see. We are long with leverage and a sl placed. However, crypto tends to scam around at these levels, it is vital to follow price action and be ready to reenter should a fake breakdown occur. Otherwise this is a great area to accumulate, and hold for the bull market until support gets indefinitely broken.
It has not yet managed to break its resistance zone So we have to wait at lower points The green box had a support that reacted to it and maybe it will wait for the red box to come. But don't rush to enter.
Bitcoin has held support for the 3rd time in the past week and a half, putting in a lower low with bullish divergence. Along with this it has broken the third degree supply line suggesting the end to an accumulation phase. We are long and you can position yourself here with a first tp at the 618 and a stop loss below the low. Layering down would be optimal to get a greater rr, however for this pattern to play out we'd look for fast price action this week.
Hi everyone , if nifty break 23800 then high chance to move upside and unble to break 23800 then it will be volatile market because today is expiry day .
The stock is continuing its Bullish rally and making HHs and HLs. Immediate entry should be taken here for 1st TP of 675 and TP2 of 730 with SL as per the trade plan of 565
Can we say this is a new bullish wave, or is it the same? It is definitely the same bullish wave that started in late November with a bottom in August 2024. This bullish wave saw a 40% correction in 2 weeks time which activated the 0.618 Fib. retracement level. This level was activated perfectly and signals that the correction low, most likely than not, is in. This part can be tricky. Let me explain what I mean. Litecoin closed three days green and today is the fourth day this pair trades green. Here it can happen that we see a small advanced followed be another drop, a sudden drop, that produces a higher low. It can also happen that the market moves straight up. With very low volume, the bullish resumption is still not confirmed. This is the part that is tricky. It is hard to say if LTC will hit a higher high next or go through a higher low first. There is nothing tricky here when you focus on the long-term. Short-term, anything goes. In fact, rather than a higher low or straight up, LTCUSDT can go sideways for a few days and then grow. All scenarios are possible, available and open. The truth is that everything is quite simple, this chart is easy; Litecoin is going up. The next rise can happen within 3 days, 10 days or 33.3 days; doesn't change anything, we are happy as long as the market grows. And it will grow. On the chart we have short- to mid-term targets. We expect much higher prices by the completion of the current bullish phase. We are only getting started. Are we? You can bet so. Thank you for reading. Namaste.