Waffle Wednesday. Lets Set up the 2hr ChartJust thought to hang out and create some value in sharing my experiences whilst setting up a 2hr chart with you
Harmonic Patterns
A trade not taken is better than a losing one!A trade not taken is better than a trade taken from the wrong place.
I find it more accurate and appropriate to wait for this point. The fact that these coins perform well in this atmosphere tells me a lot about their potential.
Don't focus on altcoins in past bulls, new and volume pairs can also do very well. Buy from the right place and wait.
QuarkChain | What Comes Quickly, Goes QuicklyI know it's way down, but what comes quickly, goes quickly. This is my buying zone for QKC.
Since it can be included as a spot, I did not specify a clear place where the stop order should be, but to give you an idea, if we fall below $ 0.010520, it will come even lower.
Examining Price Fluctuations Within the Arc with $100000 CeilingIn this chart, the Bitcoin to Tether (BTC/USDT) pair is depicted with a prominent purple arc illustrating the price trajectory over a specific timeframe. The apex of this arc is positioned at the $100,000 level, signifying a significant psychological and technical resistance point.
The price movement within this arc reflects the ongoing equilibrium and contention between buyers and sellers. Initially, the price ascends gently beneath the arc, reaching towards the $100,000 mark, before experiencing a decline. Currently, the price oscillates near the lower boundary of the arc, indicating a reaction to this level.
Observing trading volumes at various segments of the chart is crucial. Notably, as the price approaches the arc's peak or trough, there is a discernible increase in volume, suggesting intensified efforts by traders to breach or uphold these levels. A successful breakout above the $100,000 arc apex could signal a robust upward movement, while failure to surpass this threshold may result in continued fluctuations within the arc or a potential downward trend.
Overall, this arc serves as a valuable analytical tool, aiding traders in identifying key support and resistance zones and providing a clearer understanding of potential price directions. A meticulous analysis of this pattern can assist in uncovering compelling trading opportunities within the market.
Daily analysis As shown in the technical chart, the RSI and stochastic indexes have turned back from the overbought area, and the short-term gold price tends to make further adjustments. The closer support is expected to be $2,605 and $2,588, and the next level refers to the 100-day average of $2,567. The fall in gold prices in the middle of this month also happens to be supported at the 100-day average. The key is that in 2535, from the bottom of the consolidation from May to June to the bottom of $2,280 to the end of last month, it will reach a cumulative increase of $510, and half of it will be $255 to $2,535. As for the current closer resistance, let’s look at $2,635 and $2,660, and the next level is estimated at $2,690.
XAUUSD Projected Price rise to 2700!!!
Traders are keeping a close watch on initial jobless claims, GDP second estimates, and PCE figures set for release later in the day.
XAUUSD Plan day (27/11/2024)
SET UP GOLD PRICE:
Sell GOLD zone: $2700 - $2703 SL $2706
TP1: $2690
TP2: $2680
TP3: $2670
Sell GOLD zone: $2688 - $2690 SL $2693
TP1: $2680
TP2: $2670
TP3: $2660
COPPER📊 #COPPER
⏱ TIME: 30M
📝You can enter this position by breaking the ceiling and trendline and consolidating above this.
⭕️risk: MID
📍buy stop: 4.18600
📌TP1: 4.23500 (free)
📌TP2: 4.29000
⛔️SL: 4.13300
USDJPY : A strong supportThe chart above explains.
My charts are straightforward. So there isn't much to talk about. But TV insist that I write something or else it would not publish.
TV also offers me many 'trading tools' - of course, I have to pay. But the thing is that I have no use for such tools. So in the end, I use it for FREE
Thank you TV.
CRUDE OIL SELLLooking to sell Crude OIL around 72.2 targeting 71.47. Price is trading within a falling channel and should see another bearish leg into the support.
Title: FET Trade Setup – Bullish Bat on 1H with 2.43 R:R ---
---
**Analysis**
This trade idea is based on a **Bullish Bat pattern** forming on the 1-hour chart. Current market price (CMP) provides an optimal entry for a potential upward move.
- **Asset Pair:** FET/USDT
- **Timeframe:** 1H
- **Key Levels:**
- **Entry:** CMP (1.442)
- **Stop Loss:** 1.409
- **Target:** 1.55
- **Risk-to-Reward Ratio:** 2.43
### Risk Management
Well-defined risk with a **2.43 R:R ratio**. Monitor closely
---
### Disclaimer
*This idea is for educational purposes only and is not financial advice. Trading involves significant risks. Conduct your own analysis before making decisions.*
---
WTI Crude SellAnticipating another bearish leg within this falling channel pattern. The trend is currently bearish and I would look for sells around 69.22, targeting 67.7.
Bullish Bat Pattern: Long Opportunity on 1-Hour ChartA textbook Bullish Bat Pattern has formed on the 1-hour chart, signaling a potential price reversal and a lucrative long opportunity. This pattern aligns with key Fibonacci levels and offers a strong risk-to-reward ratio.
📝 Trade Setup Details:
Entry Point: 0.1231
Profit Target: 0.1463
Stop Loss: 0.11696
Risk-Reward Ratio: ~3:1
📊 Analysis:
The bullish Bat pattern suggests a move upward as buyers gain momentum near the 0.886 Fibonacci retracement level. A break above the entry point could confirm the setup, with the price targeting the 0.1463 resistance zone.
⚠️ Risk Management:
Always use proper position sizing and consider market conditions before entering. This analysis is not financial advice—trade responsibly!
Examining Price Fluctuations Within the Arc with $100000 CeilingIn this chart, the Bitcoin to Tether (BTC/USDT) pair is depicted with a prominent purple arc illustrating the price trajectory over a specific timeframe. The apex of this arc is positioned at the $100,000 level, signifying a significant psychological and technical resistance point.
The price movement within this arc reflects the ongoing equilibrium and contention between buyers and sellers. Initially, the price ascends gently beneath the arc, reaching towards the $100,000 mark, before experiencing a decline. Currently, the price oscillates near the lower boundary of the arc, indicating a reaction to this level.
Observing trading volumes at various segments of the chart is crucial. Notably, as the price approaches the arc's peak or trough, there is a discernible increase in volume, suggesting intensified efforts by traders to breach or uphold these levels. A successful breakout above the $100,000 arc apex could signal a robust upward movement, while failure to surpass this threshold may result in continued fluctuations within the arc or a potential downward trend.
Overall, this arc serves as a valuable analytical tool, aiding traders in identifying key support and resistance zones and providing a clearer understanding of potential price directions. A meticulous analysis of this pattern can assist in uncovering compelling trading opportunities within the market.
eurnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOGEUSD SELL ANALYSIS RISING WEDGE PATTERN On Dogeusd price has form a rising wedge pattern and is likely to fall if line 0.3764 break so trader should go for SHORT and expect profit target of 0.3647 and 0.3530 . Also remember to use money management
SOLUSD SELL ANALYSIS RISING WEDGE PATTERNOn Solusd price has form a rising wedge pattern and now try to move down so if line 225.76 break there is a chance of falling even more and trader should expected to go SHORT with expected profit target of 220.94 and 215.89 . Use money management
GER30 H4 I Bounce off an overlap support?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 19,203.85, which is an overlap support close to 38.2% Fibo retracemet.
Our take profit will be at 19,440.78, a multi-swing high resistance.
The stop loss will be placed at 18,986.33, which is a multi swing low support level.
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):
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):
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):
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
Stratos Global LLC (www.fxcm.com):
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.
SPX500 | Bullish ContiuationBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 5,976.93, which is an overlap support close to 38.2% Fibo retracement.
Our take profit will be at 6,087.28, which aligns with 127.2% Fibo externsion
The stop loss will be placed at 5,891.77, which is an overlap support level.
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):
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):
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):
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
Stratos Global LLC (www.fxcm.com):
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.
AUDUSD BUY ANALYSIS DOUBLE BOTTOM PATTERNHere on Audusd a double bottom pattern has form and price is likely to go up more so trader can go for LONG is line 0.65523 break and expect profit target of 0.66012 and 0.66594 . Use money management
USDCAD H4 | Bullish ContinuationBased on the H4 chart analysis, we can see that the price is falling to our buy entry at 1.4028, which is a pullback support close to 61.8% Fibo retracement.
Our take profit will be at 1.4028, a pullback resistance.
The stop loss will be placed at 1.3953, which is a pullback support level.
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):
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):
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):
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
Stratos Global LLC (www.fxcm.com):
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.
USDJPY | Bullish Bounce off Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 152.41, which is a pullback support close to 78.6% Fibo retracement.
Our take profit will be at 153.25, which is a pullback resistance level.
The stop loss will be placed at 151.38, which is a swing low support level.
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):
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):
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):
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
Stratos Global LLC (www.fxcm.com):
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.
US30 SELL ANALYSIS RISING WEDGE PATTERNOn US30 price there is a rising wedge that form which means price is likely to fall more if line 43459.5 break and trader should go for SHORT and expect profit target of 42566.2 and 41245.2 . Use money management
