short possibility it could be double top its a great position for sellers
Hello dear traders, In the gold market, the price has reached suitable support levels, and this area also coincides with the descending channel's midline. It can potentially trigger a price reaction. Regardless of the trading style you employ, if the trend line of the descending channel is broken, you can consider a buying opportunity. If the trend line remains...
Hey there! Let's take a look at what's happening on the daily chart. After some minor fluctuations between the $80 and $90 price ranges, things got exciting! The price broke through the $90 resistance level and soared all the way up to $102. Then, after a small correction and a pullback to the $90 resistance level, it's now trading around $100. So, what can we...
Hey there! 😊 In the 3-day timeframe, as you can see, the trend in the long term oscillates between price ranges of $5 and $9.50. Currently, based on the data I have, the price may fluctuate positively between $8.50 and $9. Until the price stabilizes above the significant resistance level of $9.50 in shorter timeframes, the outlook is bearish. Otherwise, if the...
Hello, dear traders, In Dogecoin, we can engage in both short and long trades. The red base, indicated by a price of approximately 0.0775, can be a suitable entry point for a short trade. Similarly, the green base, representing a price range of 0.0740, is considered appropriate for entering a long trade. The placement of the stop-loss should be based on your...
Hey there, 🔱By examining the chart n the 12-hour timeframe, you can see that the price is currently following a downward channel trend. However, there has been a positive response as the price has managed to grow within the midline of the channel, reaching around the $69 price range. It's currently consolidating in that range.💹 ◼Looking ahead, in this 12-hour...
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....
0.618 222 I am publishing this upcoming trade for the future. Hopefully this debut is a trade a lot of people make money with. Good luck.
Hi traders, I think gold is mostly bearish, what do you think? We have always wanted to wait around 1970 to short, but the market does not seem to match us, so the strategy is still short, below 1970 is short, around tp1938. Specific strategy: 1955-1960 short, around tp1938. If it is a short-term transaction, please private message me. If you agree with my...
Hey there!✌ ◼In the daily timeframe, as you can see, the price is still moving between the range of 0.26 and 0.30 and remains within a consolidation phase. The scenario to consider in the daily timeframe is as follows: after the price range, if the price establishes itself above the resistance level, there is a potential for further price growth towards the...
Hey there,✌ ◼In the 4-hour timeframe, the price is currently trading around the $246 range. The scenario we can consider in the 4-hour timeframe is as follows: If the support zone at $242/ $240 is held, we may witness price growth toward the resistance levels at $248 and $250. 💹 🔹To better understand the continuation of the price movement, we need to observe how...
Hey traders, I think bitcoin will continue to rise next, what do you think? Bitcoin (BTC) has been extremely quiet in recent days, but if the U.S. dollar continues the downward trend brought about by the non-farm data, Bitcoin (BTC) price will benefit and strengthen. From a technical perspective, if Bitcoin holds the 30,000 mark, the bullish outlook will...
Hey there, ◼As you can see in the 4-hour time frame, the price has been accompanied by a corrective trend within the range of 0.45. Considering the breakthrough of the low support level at 0.3640, we can expect the price to range towards the support level at 0.34 and the bullish breaker block range, followed by a correction. ◼ To better understand the...
Hey there, 🔱In the daily timeframe chart, You can see that after a drop, the price has been bouncing back with some positive movement from the $8.50 range. And then, it found support again at around $8.50 after a small correction. Right now, it's trading around $9.40. Here's a scenario to consider: if the $8.50 support level holds, we might see the price grow...
Eurjpy 1 hour chart buy possibilities 1-1rr Practice good risk management
The price of gold (XAU/USD) continues to rise for the fourth day in a row, although it lacks strong upward momentum around 1,923 as we enter Tuesday's European session. This lack of momentum can be attributed to the US holidays and a light calendar elsewhere, which has resulted in a sluggish market. However, traders remain active due to concerns about the global...
Hey there, buddy!✌ 🔱In the one-hour timeframe, as you can see, after the drop, the price bounced back from around $1893/ $1900 with some buying pressure. And now, it's in a range after breaking above the $1917 level. 💹 Here's what we can expect in the one-hour timeframe: after some consolidation and a small correction, the price might move up towards the...
we have a sell setup on usdchf as we can see on this chart H1 trendlines of Support and Resistance as we had drop base and now all set for drop the confluance for this sell setup is 200 EMA which tells us about a sell setup