PYTH:XAUUSD The price of XAUUSD has reached a record high, and both fundamental and technical analysis indicate a strong bullish trend going forward. Since there has not been a significant correction, we can consider going long based on the price momentum. It is important to note that tomorrow's NFP news may have a significant impact on the future price of gold,...
Hello my friends .
This a complete idea for BNB so if you are one of the BNB fans or holders ; make sure to read this idea until the end .
Oh right my friends as I said before , when you are looking for a mid term trade , it's better to start with the higher time frame like monthly and weekly then going to the smaller one to find a good entry :
let's start...
Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...
Waiting for a possible entry. Looking at the recent movement , price has been making higher highs and higher lows on the daily time frame. Chart patterns like Harmonic Bat pattern and AB=CD pattern could be a likely confirmation for our bias. Waiting for price to retest our recent support at 167.078
Hello my friend ! 🐺
Today I want to talk about of one the most popular gaming token in the last bull market and even in the current situation .
As you can see in the chart above , GALA currently is in the uptrend and also we have a clear flag pattern in the chart which is a continuation pattern ; also price currently holding above the weekly support line (...
In the longer term timeframe, there is a defined channel that the price respects.
The price respects it like a clockwork lately so I've been watching for a reason to go short and long. After the impulsive sell-off from the top of the channel now the price corrects.
I hope it will form an ABCD correction and we'll see what the technicians call Gartley 222. Plan to...
Bitcoin has been going sideways in the past weeks. Why? If we take a look at the chart, we can see that the price is inside this symmetrical tightening range. The only thing we can currently do is trade the range (sell high, buy low). Otherwise, we need to wait for the tightening range to show us the direction! Will it break up or down? Let me know in the comment...
I have identified 2 potentially important horizontal resistances for Gold,
applying harmonic movements analysis on a daily.
Resistance 1 will be 2350 - 2370 area.
Resistance 2 will be 2390 - 2410 area.
Watch carefully these those,
because we may see pullbacks from there.
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AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
Gold created a record HH and it is very likely price is likely to remain extremely bullish in upcoming days. Now, in our price can drop around 2180$ a perfect time for correction to occur, if price do not respect our entry and make it invalid then it would be tough to find a accurate entry to either buy or sell.
Please be informed that we should wait for the price to rise to our level and then wait for a clear reversal on the daily timeframe. Currently, we are observing strong bearish signals on the DXY, and due to the overbought condition on the DXY, the price is likely to decline further and undergo a significant correction. It is crucial to monitor the DXY rebound,...
We need alot of materials for to break this level and you guy know what I mean.
I think it will go down from that point but back up again. Yet the yellow stone did break alot of points so it maybe break this one also without any downfall.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
Upon reviewing the 4-hour timeframe and the formation of the ABCD pattern, we anticipate that after breaking the downtrend line, the price will move towards the supply zone of 1.6677.
Hi dear friends, hope you are well and welcome to the new trade setup of Render Token (RNDR) with US Dollar pair.
Previously we caught almost 70% pump of RNDR as below:
Now on a 4-hr time frame, RNDR is about to complete another bullish AB=CD move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly...
Trade Setup:
- Entry: Sell at 1.0797 (Retest Level)
- Target: Extended towards potential Bullish Harmonic Patterns setup
- Risk Management: Implementing trade management system for upsized trades
Analysis:
While many analysts are focused on the potential Bullish Butterfly Pattern and ABCD Pattern on the 4-hourly chart, my attention is on a shorting...
SOLUSDT: Our previous analysis of SOLUSDT was conducted when the price was at $20. Given the current bullish sentiment in the cryptocurrency market, we believe that the price will continue to rise. Our revised target range is $240 to $300. However, due to the low trading volume during the Easter holidays, we recommend waiting for the market to return to normal...
