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Traderprosignals

#XAUUSD/H4 Model 2 peaks appear, gold's correction rhythmAnalysis of the gold trend in the Asia-Europe session on 14/08/2024: After forming a double bottom pattern at 2380, gold experienced a nearly 100-point increase. Yesterday, the PPI did not help gold break through the resistance zone of 2473-2475. If gold breaks the area of 2458-2460, it will officially confirm the double top pattern. However, today's CPI is still a mystery. Is this a correction phase or just a fake breakout? The long-term trend remains a BUY, but short-term SELL trades can be made at the peak area. Key price levels to watch: 2473-2475, 2444-2447, and 2430-2434. Recommended orders: Plan 1: SELL XAUUSD zone 2473 - 2475 SL 2479 TP 2468 - 2458 - 2445. Plan 2: BUY XAUUSD zone 2444-2447 SL 2441 TP 2455 - 2468 - 2485 - 2509. Plan 3: BUY XAUUSD zone 2430-2433 SL 2427 TP 2444 - 2458 - 2468 - 2509.
FX:XAUUSD
by wetdyerap
XRP Road MAPPrice Levels and Resistance Lines: The chart shows several horizontal resistance lines at different price levels such as $0.6025, $0.6135, $0.7915, $1.0260, $1.3437, $1.9716, and $4.1853. These lines are likely previous support and resistance levels where the price had significant interactions. Trend Lines:There are yellow downward and upward-sloping trend lines indicating bearish and bullish trends, respectively. The price has broken out of these trend lines multiple times, indicating shifts in the market sentiment. Pattern Formation: The chart shows a large triangle pattern with converging trend lines, suggesting a potential breakout. Smaller triangular patterns within the larger trend indicate periods of consolidation before the breakout. Measured Moves: Two measured moves are highlighted with blue rectangles, both showing a substantial 932.15% increase. These moves are indicative of significant upward momentum. The first move shows a price increase from approximately $0.19 to $1.97. The second projected move indicates a potential price increase from around $0.60 to the $4.18 target. Volume: The volume bar at the bottom indicates trading activity. Higher volume during breakouts and significant moves suggest stronger momentum. Current Price Action: The current price is around $0.6026, and it recently broke out of a consolidation pattern. The breakout suggests a bullish trend with potential targets at higher resistance levels. Key Observations: Support Levels: Around $0.59, $0.53, and $0.43. Resistance Levels: $0.6135, $0.7915, $1.0260, $1.3437, $1.9716, and $4.1853. Trend: The recent breakout suggests a bullish trend, with potential significant upward movement if momentum continues. Conclusion: The XRP/USDT pair appears to be in a bullish phase, with potential targets at higher resistance levels. Traders should watch for confirmation of the breakout and volume to gauge the strength of the move. Monitoring support and resistance levels will be crucial for making informed trading decisions.
Long
by alemicihan
3
$AXL looks like it is ready to go long!NYSE:AXL is breaking out this falling wedge pattern, and RSI is also showing bullish divergence. Entry Point: Start accumulating once the price exceeds $0.97. Targets: Midterm Goal: 60% increase Long Term Goal: 170% increase Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.78. About NYSE:AXL Axelar aims to provide secure cross-chain communication for Web3. This project offers a decentralized network and a suite of tools to assist developers of decentralized applications (dApps) in achieving seamless cross-chain interactions via its protocols, tools, and APIs. DYOR, NFA #Crypto #altcoin
Long
by CRYPTOMOJO_TA
S&P500 3 Months Trading Channel Hey guys, didn't post new set-ups because the market is quite boring right now. But explored some ETF and found an idea for stable trades. As we know, ETF's and some pairs are like to move in long channels, which is pretty easy to trade. Here at the S&P500 we can see the raising channel from 5th January and I mark the zones, where you can open long positions, as the channel is raising I will recommend to trade only long positions. What we're looking for before open the position: 1) The price have to cross the support level of the channel 2) As a help you can use Awesome Oscillator (if the oscillator is changing color and starting to raise up) you can use this as confirmation to open the position. IMPORTANT! Don't forget to follow RM strategy. Use SL orders a bit lower from price crossing the support line! Trade stocks and ETF at BingX with no special requests, only using crypto by my link: bingx.com
AMEX:SPYLong
by CarpBuro
NZDUSD SELL | Sell Setup| Short Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
LINKUSD (W1): Buy stop at 1.68 for this year!COINBASE:LINKUSD LINKUSD (W1) shows positive signals. With signs of slight correction after a strong price increase. We can expect a return and stronger growth of Chainlink coin. Specifically, the signs are shown as follows: The level of price increase is fast and strong: Increases nearly 200% after 12 candles or 84 days Volume increases when price is pushed up: Volume is above the 50-session average when price increases sharply Weak bearish correction: Price is always greater than the Fibonacci retracement level 0.382 So, let's set up a buy order when the price reaches 16.8. Stop loss at 13.5 and wait to see how far the market will take this currency exchange rate. Merry Christmas!
COINBASE:LINKUSDLong
by VNSmartMoney
4
EURUSD H1 / Looking for a SHORT Trade, see why ... 📊Hello Traders! This is my perspective for EURUSD H1. At the moment, the Liquidity level was taken, next, we have a very important resistance level at the price of 1.09600, and also at the same level we can see an Order Block. In case of confirmation, I expect a bearish dominance until the price of 1.08100. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective. ______________________________________________________________________________ Follow, like, and comment to see my content: www.tradingview.com
Short
by GoodTradeST
USOIL:i think it will continue to fall Hello traders, I think crude oil will continue to fall, what do you think? From the 4 hour chart Near 79 is the support level of the last few rebounds. I think it can be regarded as a short-term watershed. If this support level is broken, the downside will open below. Conversely, if support is formed here again, you can wait to buy short positions near 80.7. From a margin perspective, the downside is significantly higher than the upside. Judging from the current K-line distribution, the signal of peaking at the high level is obvious, so I think it will fall below here, and then accelerate the decline. Therefore, in terms of strategy, 79sell tp is around 77.3, and it will be around 76 after breaking the position If you agree with my point of view, welcome to follow TVC:USOIL FX:USOILSPOT BLACKBULL:USOIL.F
TVC:USOILShort
by Gina-lovestotrade
XAUUSD:I think it will rise first and then fall Hello traders, I think gold will first go up to around 1966-1970, then if it can't break through 1970, it will start to fall, what do you think? From the 4-hour chart, there is a little pressure around 1962 above, but the upward trend is strong, so I think this position will still break through, and then look at the important pressure before 1970 above. It is more difficult to break through 1970, and it is an opportunity to short. The specific strategy is: if you want to buy more at the current point, please hold a small amount, TP1966-1970, or wait and see with a short position, and wait for shorting around 1970 Short near 1970, near tp1935 If you agree with my point of view, welcome to follow COMEX:GC1! TVC:GOLD OANDA:XAUUSD
FOREXCOM:XAUUSDLong
by Gina-lovestotrade
2
How to achieve quick profits through short-term trading?Many friends enjoy short-term trading, mostly due to the short holding time, quick results, and the thrill of the process. However, short-term trading is the most challenging among all trading methods and requires careful consideration. Today, I will share my early experience of short-term trading with you. Specific methods and strategies will be provided in the later part of this article, which are closely related to practical applications and, I believe, will be helpful for you. The article is quite lengthy. If you find it helpful, please give it a thumbs-up at the end of the article. Thank you. Advantages and disadvantages of short-term trading Short-term trading does not have a strict definition standard. When the market moves quickly, positions can be closed within a day, but if the market moves slowly, it may take two or three days to close the position, all of which belong to short-term trading. On charts, I usually consider trades at the 5-minute, 15-minute, and even 1-hour level as short-term trades. The advantages of short-term trading are: (1) Short holding time and quick results. People are naturally curious about the unknown and want to know the results quickly. Short-term trading fits human nature, making it easier to control emotions. (2) High trading frequency, providing a thrilling experience. Many traders are restless and want to trade multiple times a day, short-term trading meets this human need. (3) The decay cycle of the short-term trading system is short, and the distribution of trading results is more evenly distributed, making it easier to execute. Sometimes, even with a losing streak of 5 times, the long-term trading strategy may take over a month to recover, while the short-term trading strategy may only take two or three days. Thus, short-term trading is less torturous to human psychology during a losing streak. Disadvantages of short-term trading: (1) High trading frequency requires more time and energy and is not suitable for part-time traders. (2) Frequent trading generates high trading costs. Therefore, short-term traders need to pay attention to their commission fees. I have seen many futures traders who have had their accounts charged two or three times, or even ten times, the commission fees. How can they make a profit like this? (3) Requires higher professionalism and attention to trading details. Short-term trading is more sensitive to changes in the market. Sometimes, when the market changes, you don't have much time to think and must act decisively. People with more procrastinating personalities are not suitable for short-term trading. Additionally, the margin of error for short-term trading is relatively low. Long-term trades do not require very precise entry points, and being off by 5 or 10 points does not have a significant impact on the overall trade. However, in short-term trading, being off by 5 or 10 points can be the difference between profit and loss. Therefore, short-term trading is a delicate operation, and all trading details must be clear and easy to execute. Short-term traders also need to possess qualities such as attention to detail, boldness, calmness, and decisiveness. So, how can you quickly profit from short-term trading? Next, I will share two strategies. 2.Plan One: Choosing Volatile Markets with Large Amplitude for Short-term Trading As a short-term trader, we only need to capture a small segment of market volatility, and it doesn't have to be the overall trend, as long as the market volatility is fast and the amplitude is large. The faster the market volatility and the larger the amplitude, the easier it is to make profits. For the same 100-point profit, it may take only one day to achieve it when the volatility is fast and the amplitude is large, while it may take several days to achieve it when the volatility is slow and the amplitude is small, resulting in a much lower trading efficiency and different challenges to our mentality. Therefore, the amplitude of the product is the key to making profits in short-term trading. We need to selectively engage in short-term trading and not try to swallow all profits. There are two specific strategies to consider. Strategy One: Directly select high amplitude products for short-term trading. Different products have their own characteristics when operating in the market. Some products have fast volatility and large amplitude, while others have slow volatility and small amplitude. Before engaging in short-term trading, we must select the most suitable products. For example, in the same breakout trading opportunity, products with high volatility and larger amplitude can achieve greater profits more quickly. As traders, we all understand that the faster we can lock in profits, the more confident we feel. Therefore, selecting the right products makes short-term trading easier. Moreover, if you choose a slow-moving product, your holding time will be longer, and your position may be occupied, which will reduce the utilization rate of your funds and affect the final profit. Short-term trading is about paying attention to details and maintaining a strong mindset, as even the smallest details can determine your success or failure. Therefore, do not be careless. FXOPEN:XAUUSD FOREXCOM:EURUSD
Editors' picks
Education
by Ice_and_Fire1
5
BTCUSD (POSSIBLE PLUNGE INCOMING) to 14k-20k range!Bitcoin(BTCUSD) market has been heavily overbought since its retracement in May this year 2021. Our team issued Sell/Short position when the market was near the all-time high at $64,805 in April warning our followers and investors of the correction. 1st Sell Analysis: 2nd Sell Analysis: We also took our sell position because of Fibonacci extension and exhaustion levels. However, due to having so many things on the chart, we did not publish one with the exhaustion levels. (However, I have placed the chart beside our latest analysis). We caught the big move up in June 2021! Our team sent out Buy/Long positions when Bitcoin hit the $28,000 range and set our take profit at $46,000-$51,000 range and then followed by a short-term Sell/Short position to $40,000 range. Buy Analysis: Unfortunately, our short-term buy/sell entries are private and only viewable by our gold members hence we are unable to link the chart analysis. So what's next for Bitcoin? We are still looking for sell entries for Bitcoin until the $14,000-$20,000 range as the market has been on a bullish run since the start of Bitcoin where RSI levels are constantly above the 50 levels. This would also mean that it is likely that a retracement to the previous structure level in which would test below the RSI 50 level. At the price range of $14,000-$20,000, we would also complete our larger timeframe Fibonacci retracement as well as having to test our previous structure levels.
BITSTAMP:BTCUSDShort
by traderprosignals
6
DLO BUY/LONG INCOMING BUY ENTRY! 41.53 to 65.10 BY END AUG 2021 TICKER CODE: DLO Company Name: DLOCAL LIMITED Industry: Technology Services Packaged Software DLO Position Proposed: BUY FOMO BUY ENTRY: NOT READY (48.88) NEXT BUY ENTRY: (41.53) 1st Partial Take Profit: 53.70 (August 2021) 2nd Partial Take Profit: 65.10 (August 2021) Stop Loss: 33.25 Technical Analysis 1. Bullish Flag Pattern 2. 1st Partial Take Profit is at structure level 3 2nd Partial Take Profit is at Fibonacci Extension Level 1.0 4. 2nd Partial Take Profit is at full pole length of Bullish Flag 5. Stochastic Overbought soon
NASDAQ:DLOLong
by traderprosignals
BABA BUY/LONG NOW READY! 216.80 301.70 By End 2021!TICKER CODE: BABA Company Name: ALIBABA GROUP HOLDINGS LTD US Stocks Retail Trade Internet Retail Position Proposed: BUY (Long-Term) FOMO BUY ENTRY: 216.80 (NOW READY) NEXT BUY ENTRY: 213.40 1st Partial Take Profit: 301.70 (End 2021-Early 2022) 2nd Partial Take Profit: 363.25 (End 2022-Early 2023) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 165.00 Technical Analysis 1. LARGE Rising Channel 2. Fibonacci Retracement at 0.786 3. 1st Partial Take Profit is at Fib Ext Level 1 Grey Zone (Safe Zone) 4. 2nd Partial Take Profit will be at trendline resistance level as well as level 2 of Fib Ext Blue Zone 5. Stochastic Expected to hit Stable Range then rise to overbought levels 6. the current market is a Break and currently retesting the previous resistance 7. Short-Term Timeframe (4hrs/Daily) has an impulse flagpole with a pennant (Continuation Pattern)
NYSE:BABALong
by traderprosignals
3
Z25 BUY/LONG NOW READY! 1.20 TO 1.55 by SEPT 2021TICKER CODE: Z25 Company Name: YANLORD LAND Industry: FINANCE. REAL ESTATE DEVELOPMENT Position Proposed: BUY/LONG Entry: 1.15-1.20 (NOW BUY READY) 1st Partial Take Profit: 1.55 (SEP 2021-NOV 2021) 2nd Partial Take Profit: 1.70 (EARLY 2022) 3rd Partial Take Profit: 1.95 (JUN 2022-AUG 2022) 4th Partial Take Profit: 2.60 (EARLY 2023) Stop Loss: 0.95 Technical Analysis 1. On a Weekly Basis, a Potential Descending triangle may form, which indicates a BUY to 1st-2nd Partial TP levels. 2. Flagpole + Falling wedge formation indicating a BUY position. 3. Inverse H&S formation indicating a BUY position. 4. Confluence between key levels, and diagonal levels indicating a BUY position. -TRADERPROSIGNALS
SGX:Z25Long
by traderprosignals
Y92 BUY/LONG ENTRY SOON!! 0.635 TO 0.845 BY MAY 2022TICKER CODE: Y92 Company Name: THAIBEV Industry: CONSUMER NON-DURABLES. BEVERAGES: ALCOHOLIC. Position Proposed: BUY/LONG (NOT READY!!) Entry: 0.635 (EARLY AUG 2021-SEPT 2021) 1st Partial Take Profit: 0.715 (NOV 2021-JAN 2022) 2nd Partial Take Profit: 0.845 (MARCH 2022-MAY 2022) 3rd Partial Take Profit: 0.900 (JUL 2022-SEP 2022) 4th Potential Take Profit: 1.075 (EARLY 2023) Stop Loss: 0.485 Technical Analysis 1. FLAGPOLE + Falling Wedge Indicates a Potential BUY 2. Small Inverse H&S indicates a Potential BUY 3. Fibonacci Expansion Provides further indications of BUY opportunities. 4. RSI may indicate an oversold position SOON to push our BUY ENTRY. -TRADERPROSIGNALS.
SGX:Y92Long
by traderprosignals
DIS SHORT/SELL TO 135.45 THEN LONG/BUY BY END OF 2021TICKER CODE: DIS Company Name: WALT DISNEY COMPANY Industry: CONSUMER SERVICES. CABLE/SATELLITE TV Position Proposed: SHORT/SELL TO LONG/BUY (NOT READY FOR BUY) 1ST BUY Entry: 135.45 (END OF 2021-EARLY 2022) 2ND BUY ENTRY: 128.80 1st Partial Take Profit: 222.50 (EXPECT EARLY 2023-MID 2023) 2nd Partial Take Profit: 277.00 (END 2024) Stop Loss: 117.00 Technical Analysis 1. Head & Shoulders forming the second shoulder as we speak therefore, BUY entry should be plausible by END of 2021 2. Fibonacci Retracement and Expansion Coincide with H&S Price Range. 3. Flagpole and Falling Wedge formation coincides with take profit levels mentioned. 4. Many confluence levels happening around BUY entry levels! -TRADERPROSIGNALS.
NYSE:DISShort
by traderprosignals
C8R SGX BUY/LONG NOW READY! 0.075 to 0.235 by End 2023!TICKER CODE: C8R SGX Company Name: JIUTIAN CHEMICAL Singapore Stocks Process Industries Chemicals: Specialty Position Proposed: BUY BUY ENTRY: NOW READY (0.075-0.090) 1st Partial Take Profit: 0.150 (End 2021) 2nd Partial Take Profit: 0.235 (End 2023) 3rd Partial Take Profit: 0.270 Potential Take Profit: 0.365 Stop Loss: 0.065 Technical Analysis 1. LARGE INVERTED HEAD & SHOULDERS PATTERN (PARTIALLY COMPLETE) 2. Area of Confluence on EMA 60 & structure level 3. 1st Partial Take Profit would very likely push RSI to overbought levels which would reject back down to new support structure 4. 1st Partial Take Profit will also be the Take Profit of Completion of Head & Shoulders Pattern 5. 2nd/3rd Partial Take Profit will be at the key level zone which is also near potential resting sell orders 6. Potential Take Profit will be at the Take Profit of Assumed Bigger Head & Shoulders Take Profit Level
CLong
by traderprosignals