Beyond Technical Analysis
Gold Analysis: Expecting a Bearish Move### **Gold Analysis: Expecting a Bearish Move 📉**
I am anticipating a **bearish move** on gold from this **overlapping zone of defense**. The **last line of defense** has been clearly marked on my chart as the critical point where sellers are likely to dominate.
My **minimum target** is set to **2R**, aligning with my risk-to-reward strategy. This setup reflects precision and patience, waiting for price to respond decisively at the marked zone.
💡 **Key Highlights:**
- Overlapping Defense Zone 📍
- Last Line of Defense 🛡️
- Target: Minimum 2R 🎯
Stay tuned for updates as this setup unfolds! 🚀
Ethereum Price Analysis: Key Levels and Potential Reversal ZonesBITSTAMP:ETHUSD Ethereum Price Analysis: Key Levels and Potential Reversal Zones
Analysis:
Price Action Strategy:
Support and Resistance Levels:
The chart shows significant support at $3,097.1 and resistance at $4,108.4.
The current price is $3,330.0.
Break of Structure (BOS):
There are two BOS points marked, indicating potential trend reversals.
Change of Character (ChoCH):
A ChoCH is marked, suggesting a shift in market sentiment.
Smart Money Concepts (SMC):
Order Blocks:
The chart highlights potential order blocks around $3,490.1 and $3,447.6, which could act as supply zones.
Volume Profile:
The volume profile shows high trading activity around $3,330.0, indicating a strong area of interest.
ICT Strategy:
Fibonacci Retracement Levels:
Key Fibonacci levels are marked at 0.382 (3406.2908), 0.5 (3501.8), 0.618 (3597.3092), 0.705 (3667.727), and 0.786 (3733.2884).
These levels can act as potential reversal zones.
Liquidity Zones:
The chart shows areas where liquidity might be resting, particularly around the Fibonacci levels and order blocks.
VIP Signal:
Buy Signal:
entry: 3330.0
tp1: 3501.8
tp2: 3667.7
sl: 3200.0
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Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
ALGO/USDT: Short Opportunity
On the 1-hour timeframe, ALGO has broken below the black support trendline, indicating bearish momentum.
Setup Details:
Target: Green zone (potential support level).
⚠️ Note: Monitor closely as the price approaches the target zone and manage your risk carefully. This setup presents a potential short opportunity.
ARUSDT (binance)We have a pretty good daily range, the minimum of which we broke and went back into the range. I'm waiting for the test as shown in the chart and the high of the last two days. From there, two scenarios can happen: either we consolidate above the level and continue moving higher, or we see a false breakout and a new minimum.
BTC/USDT: Key Buy/Sell Zones with SMC and ICT StrategiesBINANCE:BTCUSDT BTC/USDT: Strategic Buy and Sell Zones Using SMC, ICT, and Price Action Analysis
Analysis:
Price Action Analysis:
The chart shows BTC/USDT on a 4-hour timeframe.
The current price is around $94,645.65.
Key support and resistance levels are marked.
The price has shown a Break of Structure (BOS) at several points, indicating potential trend reversals.
The price is consolidating after a recent downtrend, suggesting potential for a breakout.
SMC (Smart Money Concepts) Analysis:
Multiple BOS levels are marked, indicating areas where the price has broken previous highs or lows.
Change of Character (ChOCH) points are noted, suggesting potential shifts in market sentiment.
The price is in a potential accumulation phase, indicating a possible upcoming bullish move.
ICT (Inner Circle Trader) Analysis:
Fibonacci retracement levels are drawn from the recent high to low.
Key Fibonacci levels (0.618, 0.705, 0.786) are marked, indicating potential areas of interest for institutional traders.
The price is near the 0.5 Fibonacci level, suggesting a potential area for a reversal.
Indicators:
Volume Profile shows high trading activity around the $96,153.45 level, indicating strong support/resistance.
RSI is at 45.09, suggesting the market is neither overbought nor oversold.
MACD shows a potential bullish crossover, indicating possible upward momentum.
Buy Signal:
entry: 94,645.65
tp1: 96,153.45
tp2: 99,588.01
sl: 92,232.54
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
I hope this analysis helps with your trading decisions! If you have more charts to analyze or need further insights, feel free to share.
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GBPJPY Is Nearing Smaller Time Frames TrendHey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 197.100 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 197.100 support and resistance area.
Trade safe, Joe.
GBPUSD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.25600 zone, GBPUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.25600 support and resistance area.
Trade safe, Joe.
ICX/USDT: Cup with Handle Pattern FormingICX/USDT: Cup with Handle Pattern Forming
📊 Trade Setup:
Entry: $0.1829
Stop Loss: $0.1762
Target: $0.2083
Risk/Reward Ratio: 4.15
This trade idea is based on a Cup with Handle pattern forming on the chart, a strong bullish signal if confirmed. With a clear setup and a favorable risk/reward ratio, this presents an interesting opportunity.
⚠️ Note: Always manage your risk
My plan keep SELLING GBPUSD all timeframe*Notice: It is Xmas and New Year holiday so that the Market is very slow and low volume. (reduce volume on your trading position)
About this Plan for OANDA:GBPUSD today:
- I saw a strong downtrend structure on almost timeframe of GU : D1 - H4 -H1
- I saw Confirmed downtrend signal on H1 and also H2 timeframe
So I make this plan for SHORT GBPUSD today:
Entry Zone: 1.25200 - 1.25300
Stoploss: 1.25700 (=1R)
Target Expected:
target 1: 1.24500
target 2: 1.23500 (RR= 4.1)
DIPS ARE FOR BUYINGThe market is dumping, you should be excited!
CRYPTOCAP:BTC has retraced and CRYPTOCAP:BTC Dominance has dropped which is great for alts.
There is FUD around USDT being banned in Europe, but we are in a bull market.
This means FUD like this only lasts a few days, which creates buying opportunities.
On the next leg up this will be forgotten and alt coins will pump at least 30%.
So buy now during this short-term FUD!.
NVDA- MONTHLY, TOP IS IN Be cautious out there traders. Looking at the monthly here we can see the last several months the sellers have started taking control. Look at all the top wicks the last few months compared to the last two years. In my opinion a major reversal is coming over the months ahead.
I like this company but nothing goes up forever. It’s due for a good correction. The $90 level will be the first test. We will take it level by level and update along the way.
Be safe out there
$RARE opportunity to make 63% in under a weekI'm seeing a lot of charts like this lately, and right now this one's trading at about $.11 and headed for at least $.18 which would be a quick 63% and if it follows suit with every other chart in this family of patterns that is popping off this week, it'll get up there in under another week. And that's a conservative selling price, it's likely to go much higher..