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$ENA Cup-And-Handle Pattern!XETR:ENA Cup-And-Handle Pattern! Neckline Support: The price is retesting the neckline (around $0.94), which is a critical support zone. EMA 200: The red EMA 200 at $0.63 is far below, indicating strong momentum above it. Targets:If the retest holds, the next target is around $2.15 (projected from the pattern). A breakdown below the neckline could push the price back toward $0.86 or lower. Key: Watch for volume confirmation to validate the bounce or breakdown.
Long
by CHILL_TRADER99
EURUSD SHORT POSITIONGreetings Traders this is my analysis for EURUSD . From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement. I have redrawn the waves and now I see the completion of the five-wave impulse in the wave “5” of higher order. I expect that the price should update the nearest local minimum of the wave “3” 1.03350. I expect the price to reach at least the area of 1.02540 possibly short key level to 1.03072 I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position Traders make your own analysis before trading. Please leave a Like,Comment and Follow! Thank you!
Short
by Zaks_ForexRules
GBPJPY BUY | Idea Trading AnalysisGBPJPY is moving in an UP trend channel, is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at The chart broke through the dynamic support, which now acts ... We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
11
NVDA PUMP NEXT WEEKNVDA's Final 5th Wave Rally: A Short-Term Opportunity I believe NVIDIA (NVDA) is setting up for its final 5th wave rally in the current Elliott Wave sequence. The corrective structure leading into this rally appears to have completed a WXY pattern, where the W wave took the form of a Zigzag, the X wave also formed a Zigzag, and the Y wave was a Double Zigzag. The correction ended on Tuesday, precisely at the 0.382 retracement level—a typical target for a 4th wave correction. This technical setup suggests that the 5th wave is now underway. Based on this analysis, I project that NVDA could reach $150 or higher by this upcoming Friday, 12/27. For traders looking for high-risk, high-reward opportunities, the 145 strike call options expiring on 12/27 may offer substantial upside, potentially yielding 2,000% or more if the stock moves as anticipated. As a trader specializing in risky, out-of-the-money options, I believe the probability of success for this trade is above 50%. However, this is NOT FINANCIAL ADVICE, and this setup involves significant risk. Make sure to assess whether this trade fits within your risk tolerance and trading strategy before acting.
NASDAQ:NVDALong
by BardiniCapital
1
ENA LONG/SHORT Strategy on 4 Hour (and long-term TP's)For some short term plays: I always have limit orders placed at FVG's and ENA has just posted two big FVG's on the 4HR chart as it recovers from this weeks volatility. I'd be expecting these to be filled/touched at some point, with the 0.618 FIB also playing a role I think a reasonable buy would be at the ~1.0159 mark. If the price continues to rally to ~1.23 I may go short if OBV (yellow line is 14 EMA) indicates so. I have a limit order buy at this level but will need to confirm with OBV (I also have Stoch OBV, OBV RSI for confirmations not shown here). Why this may be not happen? A very strong project with great potential to reach new all time highs. Price could easily keep running based on its fundamentals alone. A long term perspective: I've got take profit targets at 1.73, 1.97, 2.67, 3.81 and 4.94 for my long term positions.
by Off-The-Chart-CTC
Pepe/UsdtBINANCE:PEPEUSDT ### **Pepe Current Price: $0.00001630 💰 (Support Level)** The current price of **Pepe (PEPE)** is at **$0.00001630**, which is a **key support level**. A **support level** is a price point where the coin is expected to find buying interest, preventing the price from dropping further. In simple terms, if the price stays above this level, it shows that buyers are willing to step in and prevent a decline. If the price manages to hold **$0.00001630**, it suggests that there could be **potential for upward movement**, as long as it doesn't break below this level. --- ### **Resistance Levels and Trendline:** - **Resistance at $0.00001764 🚀**: The **first resistance level** is at **$0.00001764**. Resistance is the price level at which the coin may face selling pressure, as more traders might decide to sell, preventing the price from rising further. If the price reaches this point, it could face difficulty breaking above it, and it may consolidate or even drop back down. - **Trendline Resistance Levels:** - **$0.00001900 🔝**: This is the first **trendline resistance**. If **Pepe** breaks through the previous resistance at **$0.00001764**, it might head towards the **$0.00001900** level. Trendlines act as visual indicators of where the price might struggle due to past price actions. If the price crosses this level, it might signal stronger bullish momentum. - **$0.00002142 ✨**: The next **trendline resistance** is at **$0.00002142**. If the price breaks through $0.00001900, the next barrier will be around this level. Here, the price might again face more selling pressure, and it could be a tough level to break if there is not enough buying interest. - **$0.00002353 💥**: The **final resistance** level is **$0.00002353**, which is the highest point in your analysis. If the price manages to surpass **$0.00002142**, it could then aim for this level. If it breaks this point, it may signal a major upward movement, as this could be the last major resistance preventing further gains. --- **Note**: This is **not financial advice**. Always conduct your own research before making any trading decisions. 📊
by Wolftrader1337
XRP Short Idea - OB + other ConfluencesHi sharing the short position I have entered, will share trades more often for thoughts. To lazy to write much of a TA this time around - but read text on chart. Generally - As always at least remember, and it has been and will be for a long time - crypto is volatile as fk. So should the trade work, the markets probably dumping. Always observe price action, it's nice to hit a wick entry as i usually do (heh), but its nicer to profit. A safe entry, one where the price action following (noting volatility) confirms your trade entry is always better than that one guy who had a successful trade with a perfect entry. Charts are beautiful, they reflect human psychology and as a direct reflection of psychology it is subjective, a perfect entry may occur but ultimately whether it is 'perfect' or 'safe' is dependent on what you think trading is and what your criteria is, including your risk appetite and experience. Also, off this point, given it is psychological, trading is also therefore a 'self fulfilling prophecy'. 99% chance you are a small fish, as a small fish please remember market makers (the people with real liquid, that will dump on you and cause liquidation cascades for re-entry for example) understand trading is self fulfilling and can take advantage of this fact. Knowing most retail traders (yes you, the small fish) use support and resistance, you are targeted with the masses. Your entry, your stop loss will be hunted. The markets are manipulated people, never forget that simple fact.
Short
by getpeterm
2
Long NEIROTimeframe: 4H Entry Zone: The market has traded below a key low (marked in the 4H chart) around 0.05420. After a significant downward movement, price has shown signs of consolidation and potential reversal, signaling an opportunity for a long entry near this support area. Target: Targeting a significant level at 0.0680 on the 8H chart, where we expect the price to face resistance (highlighted with a blue box). This provides a risk-to-reward ratio of approximately 2,3 to 1 Stop Loss: Place a stop loss just below the recent low at 0.0430 (or slightly below this area to allow for minor fluctuations). Trade Rationale: Price has shown significant bullish momentum after the key low, and there is strong support at 0.03218. We are looking to capitalize on the potential bullish breakout, with a high-probability reversal setup based on the current market structure.
Long
by SerenityEquity