$ES scalpWaiting for 5408-5406.50 to buy long for a scalp. Remember we don’t need the whole move. Just a consistent pieceLongby SimpleJackTrading1
$ES Needs to close above 5424.50 to be bullish. Sitting on my hands leaning bearish right now by SimpleJackTrading1
BTC/USD bowl. Breakthrough 64-72. Cyclicality. Nasdaq - BTC.Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high probability). Although the cycle high targets and timing are the same as what I showed in 2022 during the Bitcoin accumulation phase. So, for clarity with the last cycle and its highs in 2021. BTC/USD Secondary trend cycles and halvings . 1 07 2022 BTC/USD Halving 518 When will be the cycle price low and high. 02.09.2023 BTC/USD Main trend (3 years) Channels Triangle 09 2023 At the moment, the price is above the “demons of Solomon” zone, that is 72,000. Zone 64-72 – resistance of the large bowl (last cycle highs 64-69). Let's follow the fractal similarity of 2015-2017. There is a high probability that a rollback will occur slightly higher, and a long-term bullish formation will be formed (trend direction, large time frame) — “Bowl with handle”. Or straight to the psychological level of 100?). Pay attention to interest rates and price levels in the past and now. 1️⃣ Let me remind you that in April the halving is closer to the 20th. Most likely this will happen on the day "18" . Do you think that bitCocaine will cost 84,018 closer to this time?) What will happen to this zone? 2️⃣ Psychological PR level - the zone for Bitcoin is $100,013. 3️⃣ Everything else probably looks unreal for most market participants, but what is shown now is real, just as it was a very long time ago. Adhere to these simple rules: 1) Understand and exploit the cyclical nature of the market. 2) Buy low, sell high. And not vice versa like most). 3) Take profits in parts on the hype (now) in a growing trend or protect with a stop loss. 4) Have an understanding of the relationship between the liquidity (capitalization, roughly speaking) of a trading instrument and its volatility and potential. 5) If you trade locally. The crowd is shouting: “cryptocurrency is a scam” - buy it. “Crypto hype” - sell it. 6) Do not be interested in the news and the opinion of the majority, this is all “taken into account in the price movement schedule.” 7) Always have at least 20-30% of stablecoins in reserve. If, for example, in a developing trend there is a correction to quickly remove longs (futures, margin with large shoulders, in spot - stop loss) by a significant%, and some of your stops do not work due to price slippage, then a “cash airbag” will calm and warm you in such an unpleasant moment).Longby SpartaBTCUpdated 6630
Xauusd after a series of important news from the FedYesterday's news announced to us First, the ppi decrease combined with the unemployment benefits application index increased. Combined with a decrease in CPI, this is beneficial for Gold to increase because the economic situation seems to be weakening, putting pressure on the Fed to reduce interest rates. However, Nonfarm data, specifically the employment index, has increased sharply in the recent period, which is the motivation for the Fed to keep the current interest rate at 5.9%. This is the reason why PPI news, although beneficial for Gold, cannot last long. Look at H1 - We are having the idea of an abc correction model. In which we expect wave c to complete - In front of us we have 2 important price zones: 2307 and 2287, these are 2 price zones that help us determine the direction of the price. - If the price breaks out at 2307, this is a necessary condition for the orange wave c to complete. Then we have 2 target price zones of wave c: 2350.4 and 2364.6. These are 2 areas where we can look for Sell orders - If the price breaks out below 2287, this is a necessary condition for the price to fall to the target zone of wave 5, which is 2264. This is the area where we look for a Buy order.Longby DEEKOPUpdated 4
OIL: First red day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range ✅ day 3 cycle 2. SIGNAL DAY First Red Day ✅ First Green Day 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump ✅ Dump&Pump Frontside Backside ✅ 4. THESIS: Long: secondary, the market could go to retest the HOW for further move during the upcoming week, not really interested in this scenario, unless a clear dump and pump made in 3 sessions. Short: primary, first red day, failed breakout of the HOW, potential backside move back into the LOW. However, the market is In Balance, no other time frames triggered yet. Before shorting this market I will be waiting for one of the two yesterday extremes to be triggered, looking then for a sell high opportunity. Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Shortby GianniPichicheroUpdated 11118
nasdaq look downsatoday in the market. in NQ futures we have a range above a a gap. we seem to be trading below the mid point of the lower part of the range. so we are looking for a short. first entry in 19,842 with stop in red and target in green 19,760 first target and 2 target closing the gap at 19,612. we seem to be having more selling preasure in the range we are at the moment. embrace the loss to unlock the green days.Shortby Elektra331
GOLD Near a Breaking PointGOLD Near a Breaking Point The current situation in relation to interest rates is keeping gold under pressure. The FED's decision not to change the interest rate was a clear message that the FED want to see the dollar as the leader in the currency board. GOLD reached a decline to 2295, but again failed to break the barrier close to 2275, which many were expecting. Regardless of the speculations, GOLD found the strength to grow again. Apparently GOLD has more to do with bullish speculators increasing its value than with the decision of interest rates. If GOLD will break above 2341 then it will continue to grow towards the top again. On the contrary, we can see gold retesting the area near 2295 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️by KlejdiCuni1129
XAUUSD 30 Confirmation: Ensuring the price sustains above 2314.00 before entering the position can help confirm the trend and avoid false breakouts. Target Level: In this strategy, the take profit is set at 2341.00, meaning the position will be closed once the price hits this level, securing the gains. Stop-Loss Order: It’s advisable to set a stop-loss order below the entry point to limit potential losses if the trade goes against expectations. Position Sizing: Carefully determine the size of the position based on risk tolerance and the overall trading strategy. By following this strategy, traders aim to capitalize on a price movement between 2314.00 and 2341.00, effectively managing risk and securing profits through predetermined entry and exit points. 🤞🤞🤞 Longby vbenking91112
GOLD SHORTi think the gold still need to go more up but as i see maybe its just going down for correction targting area 2256/2266 but if it breaks up the descending channel up then correction will fail and it will continue up Shortby Ehab_Ali3
Gold can go down anytimewith a short sl You can sell Trade own your own risk goold is in a downward moment and currently at the top of that momentShortby harshkethwas9833
GOLD Up cycle Circle shape final target at 2793.91 now in correction move Wait fir another chart by algayar370
Gold Rebounds with Potential for Further GainsGold has found short-term support near 2300 and has rebounded, currently trading around 2330. Major indicators suggest that the bullish momentum has not been fully exhausted. There is a high likelihood of another upward movement in the US market today or early next week, with strong resistance expected around 2352. At that point, the bullish momentum may wane, entering a consolidation phase. If the indicators fail to signal a renewed bullish trend, gold prices could drop below 2300, with the next short-term target around 2268.Shortby faruk401
US WHEAT, still a bit to the downsideUS Wheat futures. 2022 Ukraine-Russia War spiked prices to the 13.000$. Since that moment, prices have retraced to the 550$ levels. Notice the useful trend lines, key pivots for reversals. Also, AVWAP (in purple) since the 2022 highs has been a key line to watch for lately, as short sellers will try to push the prices to the downside when reached. Elliott countdown also suggests further downside to finish the 5th wave My PT remains in the 500$ area Shortby j_arrieta0
CRUDEOIL 30 MINLETS SEE WHAT HAPPENS...!! I Am Not SEBI Registered Analyst. All Post and Levels Posting is only for educational and knowledge purpose. I Am not responsible for your any kind of loss or profit. No Claim, All Rights Reserved.‼️Longby saimandali0
STEEL, breaking above the downtrend, testing the key fibosSteel futures. A great world economy proxy Bouncing and testing all key fibonacci levels. Still, no higher highs, hence trend remains bearish (so as for the economy?)by j_arrieta0
XAUUSD: Bearish trend, target 2268 Gold found short-term support near 2300 and rebounded again. It is currently around 2330. The large-scale indicators show that the bullish force has not been fully released. There is a high probability that there will be another wave of upward market in the US market today or early next week. The strong resistance will be mainly concentrated around 2352. At that time, the release of bullish force will end and enter the buffer period. If the indicator cannot form a bullish trend again, the gold price will return to below 2300. The next short target will be around 2268. At present, my trading strategy will be mainly short.Shortby Allen_Ex6
F3Trend trading is a trading style that attempts to capture gains through the analysis of an asset's momentum in a particular direction. When the price is moving in one overall direction, such as up or down, that is called a trend. Trend traders enter into a long position when a security is trending upward. An uptrend is characterized by higher swing lows and higher swing highs. Likewise, trend traders may opt to enter a short position when an asset is trending lower. A downtrend is characterized by lower swing lows and lower swing highs. KEY TAKEAWAYS Trend trading is designed to take advantage of uptrends, where the price tends to make new highs, or downtrends, where the price tends to make new lows. An uptrend is a series of higher swing highs and higher swing lows. A downtrend is a series of lower swing highs and lower swing lows. In addition to looking at swing highs and lows, trend traders utilize other tools such as trendlines, moving averages, and technical indicators to help identify the trend direction and potentially provide trade signals. Understanding Trend TradingShortby vivekvishwakarmaa4684
XAUUSD shorting ideaHello, hello Yesterday gold broke 2306 and currently retracing back to the zone which I will looking for short opportunities. I will look definitely for LTF confirmation for an entry. The screenshot will be roughly the idea where I'm looking for entries. If you are not aggressive, I would suggest to wait price until it breaks 2303 full body and retrace back. As the red path shows. Please trade on your own risk. Good luck Shortby Badi_GunnarsUpdated 1
GC Buy Stoptook a nice set up during london as Im trying to get used to trading London as I did back in 2017-2020 Red Folder News at 10 est. Keep that in mind Only targeting 1:1 on this... always 40 ticks risk Longby ghostofwallst_1
XAUUSD XAUUSD ( Gold / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Falling Wedge as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetective5
GOLD Will Go Down! Sell! Take a look at our analysis for GOLD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,314.851. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,290.400 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 117
DeGRAM | GOLD pullback in the channelGOLD is moving in a descending channel between the trend lines. The price reached the upper boundary of the channel and reacted instantly to reaching the 50% retracement level of the last bearish impulse. We expect a pullback after a retest of the dynamic resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM1120