⚡ On the 30-min chart, USD/JPY broke resistance and is now pulling back. If it breaks the black resistance line, I’m going long! Target: 🎯 Next stop: Red zone – a high-volume area! 💬 What’s your strategy for this move?
⚡ A bearish flag on GBP/USD (15-min chart) is forming! If the price breaks below the black support line, I’m eyeing a short trade. Target: 🎯 First target: Yellow zone – let’s see if sellers take control! 💬 What’s your take on this pattern?
ENA/USDT Analysis (1-Hour Timeframe) We are currently witnessing a breakout of the identified pattern on ENA/USDT in the 1-hour timeframe. This breakout signals potential bullish momentum. Key Observations: Breakout Confirmation: The price has successfully broken through the pattern, indicating a shift in market sentiment. Target Projection: My first target is...
We are currently observing the formation of a Cup and Handle pattern, which is still in progress. The key levels to monitor: Handle Resistance: First, we need a breakout of the handle pattern to confirm the bullish setup. Pink Resistance Zone: If the price breaks out of this key level, it will confirm the full Cup and Handle pattern, signaling a strong bullish...
We are currently breaking out of a black trendline, which could signal bullish momentum. My target focuses on the market open, as I anticipate a bullish move, but I will wait for confirmation after the open. Key levels to watch: First Pink Zone (Target 1): If the price reaches this level, it will form a new higher high, confirming the bullish trend. Second Pink...
I'm monitoring AUD/USD closely as the price approaches a black trendline. If the trendline is broken, it could signal a bearish move. My target for this setup is the green support level, which has historically acted as a strong zone of buyer activity. This area could present opportunities for either reducing short positions or watching for a potential...
We are observing a breakout below the purple support level, indicating potential bearish momentum. However, my idea focuses on the next key support level in the green zone, which holds significant importance. This support level has been untested for a long time and has historically shown high trading volume. I anticipate that when the price retraces to this green...
The Importance of Stop Loss and Emotional Discipline in Trading “The market doesn’t care about your emotions; it follows its own rules.” One of the most critical aspects of successful trading is setting a stop loss and sticking to it. Here's why: Protect Your Capital Trading without a stop loss is like driving without brakes. A stop loss helps limit your losses...
AUD/USD 15-Minute Analysis: Breakout Setup On the 15-minute time frame, AUD/USD is approaching a resistance level. Here's my idea: Entry Plan: If the price breaks out above the resistance level with confirmation, it could provide a long entry opportunity. Target: The next resistance zone, marked in pink. This setup is contingent on a confirmed breakout. Monitor...
CAD/USD 15-Minute Analysis: Head & Shoulders Breakout On the 15-minute time frame, CAD/USD has formed a Head and Shoulders pattern, and the price has broken below the neckline trendline, signaling potential bearish momentum. Here's my idea: Entry:AT 0.4146$ Target: The next significant support level, marked in the green zone. This pattern suggests further...
n the 15-minute time frame, EUR/USD is approaching a purple resistance zone. Here's my idea: Entry Plan: If the price breaks out above the purple resistance with confirmation, it could provide a long entry opportunity. First Target: The next resistance level in the pink zone. Key Caution: Be mindful of the black line, where the Point of Control (POC) is located....
ADA/USDT 1H Analysis: Bullish Momentum in Play On the 1-hour time frame, ADA has just broken out of a bullish pennant pattern, and the price is moving upward. However, there are key levels to monitor if you're holding a long position: Black line: This level represents the Daily Point of Control (POC) and the Weekly Open, making it a critical area to watch for...
Hello traders! 🚀 Here's my idea for USD/JPY on the 15-minute chart: Long entry at 152.420, stop loss at 152.200, and first target at 152.852. Let's see how it plays out! 🎯
NVIDIA (NVDA) Daily Analysis On the daily time frame, NVIDIA has already broken out of a triangle pattern and is now forming a potential head and shoulders pattern. Here’s the breakdown of the current structure: Gray support zone: A critical level to monitor. If this level breaks, the next significant support is the purple support zone, which also aligns with...
XRP/USDT 4-Hour Analysis On the 4-hour time frame, XRP/USDT is forming a small bullish pennant pattern. Using the height of the previous leg as a projection, the first target is in the green zone 1. To change the current structure of lower lows (LL) and lower highs (LH), the price needs to form a new higher high (HH). This also requires breaking through the pink...
Gold (XAU/USD) Intraday Trade Idea Entry: $2,698 Stop Loss: $2,693 Target: $2,705 This setup provides a risk-reward ratio of 1:1.6, making it a favorable short-term trade opportunity. The entry is based on a key support level, with the target aligning with the next resistance zone. It’s essential to monitor price action closely at the target level for signs of...
ETH/USDT 15-Minute Analysis On the 15-minute time frame, ETH/USDT has successfully broken out of a triangle pattern, indicating potential bullish momentum. If the breakout is supported by strong volume and sustained buying pressure, we can expect the price to move toward the green target zone. Target zone: The green zone is the current target area, aligning...
The price has broken above the resistance zone in gray and is now forming a triangle pattern. ✅ My idea: If the price continues to rise, the first target is the red resistance zone, followed by the second resistance in the green zone. Using the measurement from the bottom of the triangle to its top, the green zone aligns with the projected target. 🚨 Plan: Wait...