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Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon:
Click chart above to see the detailed analysis👆🏻
Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger.
Levels to watch: $70.000, $100.000
Keep your long term vision,
Philip (BasicTrading)
GBPUSD: Setting Up For A Nice Buy Are Bulls gearing up for the next rally? Waiting to BUY...
Looking for one more push down to retest the bullish OB or previous low at MQP 1.3000.
Buy limit @ 1.30412
SL 1.29811
TP1 1.30612
TP2 1.30912
TP3 1.31412
TP4 1.32412
Remember we want to be less predictive and more reactive. So let's wait for our bullish entry confirmations.
Gold & Silver Have Confirmed An Attempt To New ATHsWatch this video to understand how Fibonacci Price Theory suggests Gold & Silver are moving in a bullish price trend - attempting to break recent resistance levels.
I believe Gold and Silver will continue to rally, reflecting global capital risk factors, and break to new ATHs before the end of 2024.
My target for Gold by Dec 31, 2024 is $3030-$3250.
My target for Silver by Dec 31, 2024 is $34.5-$37.50.
Here we go.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
Trade Recap: USDJPY - LONG, 10/10/2024UJ Bias Analysis: After being stopped out at BE on the existing position, price protracted lower prior to NY session and into 1H range EPD (Both minor & major) and mitigated a 15M OB which aligned with a retest of the previous day's true open. Long positions as a re-entry were executed after entry confirmation was received.
Grade: High Quality Valid
What I did well or could've done better:
- I was perhaps too optimistic with my take profit level and should've set TP at the 4H EQH's on the original position.
- I was able to spot the long opportunity shortly after being stopped out and while I was fearful of the outcome at execution, I followed the plan and placed the trade.
Review and plan for 11th October 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Recap of NY Session with Silver shortAfter huge moves yesterday i expected a tricky day and did not trust the classic setups too much. Overall Metal were bearish and US Indices bullish, CPI wicked both sides and took liquidity off many charts also as sign of caution, so i again waited patiently into 3rd hour... Then H1 time ration gave a nice reversal scalp on silver, that made my day. One and done.
This is Wyckoff VSA Buying and Selling in FX AUD/USDIn this short educational video, Author of "Trading in the Shadow of the Smart Money" and the new book "Think, Link, Create" explains the universal laws that are on the charts if You know what to observe. The Laws are Supply and Demand, Cause and Effect, Effort vs Result.
This video shows a chart of the AUD/USD with clear examples of the principles of Professional Buying and the Professional Selling on multiple timeframes. Gavin also looks at the NQ Futures three minute chart as weakness appears. We hope this information helps you all.
WHAT's FLOWING: AUDNZD / CADJPY / XAUEUR / LMToday's Episode of What's Flowing: AUDNZD / CADJPY / XAUEUR / LMKUSD / NERUSD / IMXUSD
In today’s episode of What’s Flowing, we’ll explore key market trends across multiple currency pairs and cryptocurrencies, bringing you insights for your next trade:
1. AUDNZD
Movement: The AUDNZD pair is seeing increased volatility this morning, with investors positioning ahead of key Australian economic releases, including the NAB Business Confidence, RBA Meeting Minutes, and Westpac Consumer Confidence reports.
Outlook: This pair has seen a strong uptrend over the past week, but technical resistance around 1.1060 suggests a potential pullback before further movement to the upside
(TradingView).
2. CADJPY
Movement: CADJPY continues to see strong correlations with other Yen pairs, such as EURJPY and AUDJPY, reinforcing bullish sentiment for the CADJPY pair
(Myfxbook.com).
Outlook: Watch for potential upward momentum to continue, as commodity prices (including oil) are propping up the Canadian dollar while the Yen remains weak amid a dovish Bank of Japan stance.
3. XAUEUR (Gold in Euros)
Movement: Gold is trading in a consolidation phase against the Euro, hovering near support at €2520. This setup suggests that any break in the broader macroeconomic environment could spark sharp moves
(Myfxbook.com).
Outlook: Investors continue to view gold as a safe haven, particularly as inflationary concerns across the Eurozone simmer. Keep an eye on upcoming economic data releases to gauge future price action.
4. LMKUSD, NERUSD, IMXUSD, LMKUSD & NERUSD:
Both coins have seen increased volume and volatility, offering opportunities for quick gains or hedging against broader market declines.
IMXUSD: Immutable X continues to show strong bullish momentum due to ongoing developments in its ecosystem and broader NFT market gains. Investors should watch for potential profit-taking opportunities as it approaches new resistance levels.
Stay tuned for more in-depth analysis on each of these pairs and tokens as we continue to track their movements throughout the trading day.
BTCUSD - Boring Consolidation - When will it endGood day to you all!
BTCUSD has been consolidating in this same range for 8 months.... really irritating a lot of speculators out there. No need to fear, we're getting close to the completion of this consolidation and we'll have some resolution soon.
What I actually expect that I didn't mention in this video is a little bit of a drop going into the US elections and a swift recovery after that. I'd like to see the 50D SMA overtake the 100D SMA and ultimately get above that 200D SMA but that's going to take a little more work and a lot more time.
BTC is starting to become a mature asset as time goes by and companies start to place crypto assets on their balance sheets. We need to have patience for this resolution to take place. The next move we have will be big but nobody knows exactly when it will happen.
Targets?
I'd like to see BTC fall to 57-58k and find significant support there and start a rise back to ATH (and beyond - but we'll see if/when we get there). A failure of that 57k area would indicate we're likely to return back to the 50k or lower area. Watch support levels and as they're broken, look for the next level if you enjoy playing the short game. Vice versa for resistance levels.
Trade carefully friends!
NVIDIA 4 Hour -30 Minute Wave Counting Where are We Going ? Morning Traders
We are looking at if this market has finished making a wave 4 correction or are we in for a treat with either a small correction down before we punch up to the 137-138 target we have in our wave counting and projections.
The question is always be aware of the worst case scenario here and the best case scenario, take caution
Happy Trading
MB Trader
SPY/QQQ Plan Your Trade For 10-10 : Carryover in Carryover ModeToday's cycle pattern suggests the SPY/QQQ price action will be very similar to yesterday's price action. I believe the markets are starting to move away from the basing/bottoming phase and moving back into trending phase.
Thus, I believe the SPY & QQQ will begin a rally up to highs reached before October 20-21, then form a top, and toll downward just before the US elections.
Gold needs to find some support and move higher - away from the 2625 price level. It is critical that Gold stay above 2620 at this stage. if Gold falls below 2620 - there is a very strong chance Gold will move into deeper consolidation and fail to rally above the 2750++ level I expect.
BTCUSD has already reached my lower support zone. I do expect Bitcoin to consolidate a bit near this lower price channel, but the next move is to either revert higher, or breakdown even further. Currently, I suggest waiting 20 to 48 hours with Bitcoin to let price settle on a new trend.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NIVIDIA 4 HR: Correcting back to 130.70 or We Pushing Higher UP Morning Traders
Quick update here, currently if we make a break above the 132.70 range the 137.30 is our goal and target however their are a couple hurdles along the way.
We can possibly still correct down to the 130.70 level
I go over the market from 4 hour to 30 minute giving you some levels to look for in today's trading day
Happy Trading
MB Trader
What will happen next on gold. We've reached an area structurally where something has to give on Gold. If price breaks the highs we could see a continuation of the uptrend. On the other side of the coin the 200 day EMA is right above price on the 15 min time frame. If a rejection occurs we could see a pull back to the 50 FIB.