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Supportandresistancezones

SBUX 1H Long Swing Conservative Trend TradeConservative Trend Trade + long impulse + volumed T2 level + support level + 1/2 correction + biggest volume Sp Calculated affordable stop limit 1 to 2 R/R take profit after volumed zone before 1/2 monthly Daily context trend "+ long impulse + 1/2 correction - before volume zone" Monthly context countertrend "- short impulse + biggest volume T1 + support level + manipulation" Exit strategy: SBUX @NASDAQ.NMS Sell Limit 76.55, GTC Sell Stop 73.76 LMT 74.69, GTC
NASDAQ:SBUXLong
by MishaSuvorov
BTC/USDt 1DInterval ChartHello everyone, let's take a look at the BTC to USDT chart on a one-day time frame. As you can see, the price is moving above the local downtrend line. It is worth mentioning the downward trend channel in which we have been operating for a long time. You can currently see a slowdown in the growth in the first resistance zone, where the price is fighting to go higher, but even if this happens, there is a very strong zone from $68,112 to $72,072 which keeps the price from further increases to around $83,500. In a situation when the zone recedes the current increases, we may see a reaction again, and the first support is visible at the level of $62,174, then the second one around $58,921, and then we have a strong support zone from $56,588 to $53,477.
by cryptodailyuk
4
Sell EUR/CAD Channel BreakoutThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.4932, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.4880 2nd Support – 1.4853 Stop-Loss: To manage risk, place a stop-loss order above 1.4965. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you
Short
by KABHI_TA_TRADING
2
Will Gold Soar or Plummet? Key Insights You Need!Chart 1: XAUUSD 15-Minute Chart (July 19, 2024) Key Levels: Support: The chart shows a key support level around 2,415, highlighted by the blue horizontal line. Resistance: There is a resistance level near 2,457.920, labeled as "5M LQZ." Patterns: Descending Triangle: A descending triangle pattern is forming, which is typically a bearish continuation pattern. Breakout Scenarios: The chart indicates two potential scenarios: Bullish Breakout: If the price breaks above the descending triangle and the 2,420-2,425 resistance zone, it could move upwards towards the next resistance. Bearish Breakout: If the price breaks below the support level around 2,415, it could head towards the lower support at 2,391.394 (4HR LQZ / TP 1). Price Action: Current Position: The price is currently consolidating near the support level. Volume: Volume is relatively low, indicating a potential buildup for a significant move. Chart 2: XAUUSD 1-Hour Chart (July 18, 2024) Key Levels: Reversal Point: There is a significant level at 2,429.420, marked as the "1HR LQZ / Reversal Point." Support Levels: Multiple support levels are indicated at: 2,391.394 (4HR LQZ / TP 1) 2,349.046 (TP 2) 2,288.085 (TP 3) 2,265.369 (TP 4) Patterns: Higher High (HH): The chart shows a higher high formation, indicating a potential uptrend. Possible Reversal: The price is approaching the 1HR LQZ / Reversal Point, suggesting a possible reversal or continuation of the trend. Price Action: Current Position: The price is currently pulling back from the higher high, testing the reversal point. Trend: The overall trend appears to be bullish, with higher highs and higher lows. Combined Analysis: Short-Term Outlook (15-Minute Chart): Watch for a breakout from the descending triangle. A break above the 2,425 resistance could signal a bullish move, while a break below 2,415 support could lead to further downside. Medium-Term Outlook (1-Hour Chart): The 1-hour chart suggests a bullish trend with key support levels to watch. If the price holds above the 1HR LQZ / Reversal Point (2,429.420), it could continue its upward momentum. Conversely, a break below this level may indicate a deeper correction towards the lower support levels. Trading Strategy: For Bullish Scenario: Enter a long position if the price breaks above 2,425 with strong volume. Target the next resistance levels around 2,457.920 and beyond. Set a stop-loss just below the 2,415 support level. For Bearish Scenario: Enter a short position if the price breaks below 2,415. Target the support levels at 2,391.394, 2,349.046, and 2,288.085. Set a stop-loss just above the 2,425 resistance level.
OANDA:XAUUSD
by Adlercon333
3
Gold Set to Plunge? Key Reversal Point Signals Major Downtrend!4-Hour Chart Analysis Trend Identification: Higher Highs (HH): The chart shows a consistent formation of higher highs (HH) which indicates an overall uptrend. Higher Lows (HL): The chart also demonstrates higher lows (HL), further confirming the uptrend. Key Levels: Resistance Levels: Around 2,480 and above are marked by HH. Support Levels: 2,429.42 (1HR LQZ / Reversal Point) 2,391.39 (4HR LQZ / TP 1) 2,349.05 (TP 2) 2,288.09 (TP 3) 2,265.37 (TP 4) Price Action: Triangle Pattern: A triangle pattern formed in June indicating consolidation before a breakout. Current Movement: The price has moved up to a higher high but is currently in a retracement phase, testing the 1HR LQZ / Reversal Point around 2,429.42. Projection: Potential Reversal: If the price holds above the 1HR LQZ / Reversal Point, it may indicate a reversal back towards the higher levels around 2,480. Support Tests: Failure to hold may lead to testing lower support levels at 2,391.39 (4HR LQZ / TP 1) and potentially further down to TP 2, TP 3, and TP 4. 1-Hour Chart Analysis Detailed View: Provides a closer look at the recent price movements. Confirms the higher highs observed in the 4-hour chart. Key Observations: Recent High: The price recently reached a new high around 2,480 before retracing. Immediate Support: The price is testing the 1HR LQZ / Reversal Point around 2,429.42, aligning with the 4-hour chart observations. Trading Opportunities: Long Position: If the price shows strong bullish signals and holds above the 1HR LQZ / Reversal Point. Short Position: If the price breaks below the 1HR LQZ / Reversal Point, with targets at lower support levels identified in the 4-hour chart. Summary The charts indicate an overall uptrend with recent higher highs and higher lows. Current price action is in a retracement phase, testing key support levels. Monitoring the 1HR LQZ / Reversal Point will be crucial for determining the next move, whether it will resume the uptrend or test further support levels.
OANDA:XAUUSDShort
by Adlercon333
3
TTE 1H Long Swing Conservative Trend tradeConservative Trend trade + long balance + ICE level - above 1/2 correction + biggest volume 2 Sp + support level Calcualted affordable stop loss 1 to 2 R/R take profit Daily context: "+ long impulse + 1/2 correction + SOS level + unvolumed 2Sp" Monthly context: "Trend Trade + long impulse + 1/2 correction + SOS level + support level - historical high" OCO 4A: Sell Shares of TTE Limit at $70.83 (Good 'til Canceled) OCO 4B: Sell Shares of TTE Stop at $68.76 Limit at $69.19 (Good 'til Canceled)
NYSE:TTELong
by MishaSuvorov
40% Increase on the horizonLets keep it simple. We flipped the VAH into support and continue to build value above, next area to test is the VAL above 40% higher. A nice pump is incoming and keep in mind, if the crypto market is bullish so is Robinhood. Stay focused. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
NASDAQ:HOODLong
by Navitility
Gold Trading Alert: Major Move on XAUUSD – Don't Miss Out!Key Levels and Patterns: Higher Highs (HH) and Higher Lows (HL): The chart shows a series of higher highs (HH) and higher lows (HL), indicating an overall uptrend. This pattern suggests that the bullish momentum is still in play. Ascending Channel: There is a well-defined ascending channel where the price has been moving upwards within parallel trendlines. This channel can act as a guide for potential support and resistance levels. Reversal Points (LQZ): 1-Hour LQZ / Reversal Point: Located at 2,429.190. This level is a potential area where price may reverse or find support. 4-Hour LQZ / Reversal Point: Located at 2,391.394. This level also serves as a significant support zone. Take Profit (TP) Levels: TP 1: 2,319.385 TP 2: 2,288.085 TP 3: 2,265.369 Recent Price Action: The price recently reached a higher high at around 2,458.755 and then pulled back slightly, indicating a potential short-term correction within the overall uptrend. The ascending channel suggests that if the price remains above the lower boundary of the channel, the uptrend is likely to continue. If the price breaks below the 1-hour LQZ / Reversal Point at 2,429.190, it could test the 4-hour LQZ / Reversal Point at 2,391.394. A further breakdown below this level might lead to the next support at TP 1. Analysis Summary: Bullish Scenario: The price could bounce from the current levels or the lower boundary of the ascending channel, aiming for new highs. Traders might look for buying opportunities near the support levels of the channel and reversal points. Bearish Scenario: If the price breaks below the identified reversal points and the ascending channel, it might signal a deeper correction, potentially heading towards the TP levels for possible buying opportunities at lower prices.
OANDA:XAUUSD
by Adlercon333
Sell CAD/JPY Breakout PatternThe CAD/JPY pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Bearish Pennant Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Pattern After Confirmation. Ideally, This Would Be Around 115.70 Target Levels: 1st Support – 114.65 2nd Support – 114.12 Stop-Loss: To manage risk, place a stop-loss order above 116.10. This helps limit potential losses if the price falls back unexpectedly. Thank you.
Short
by KABHI_TA_TRADING
10
Sell GBP/USD Triangle FormationThe GBP/USD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.2970. Target Levels: 1st Support – 1.2910 2nd Support – 1.2874 Stop-Loss: To manage risk, place a stop-loss order above 1.2997. This helps limit potential losses if the price falls back unexpectedly. Thank you.
Short
by KABHI_TA_TRADING
1
Burberry may turn around soon? EW sequenceBurberry (ticker: BRBY) reaching ~14 years lows, where the risk /reward ratio for the mid/long term starting to be favourable. I have two scenarios sketched out on the weekly, white being a 5 wave up, in which we finished 3, followed by a yet unfinished irregular flat structure as a wave 4. Yellow suggests a 3 count move up as an (A) wave, working now on the (B) wave, and later (likely several years) a (C) would follow in 5 subwaves. In yellow I would primarly expect a deeper cut in the (B) wave also as an ABC structure, where we likely nearing the A wave bottom in the foreseable future. In both scenario a move-up should be imminent, white to start the wave (5) to the upside, and for the yellow it would be the B wave. For the yellow I put there the resistance levels, but be aware, as price cuts deeper (IF), then we need to adjust that red resistance fib box. Now, the movedown already consist 5 waves, so technicly we could be near to the local lows, and also in support already (hence the post). Next levels to watch: 951, 885, and 834 and 768 as bigger fib support levels. Weekly RSI is oversold despite MACD is weakening, On the daily we are building divergence already, so far all the meaningful MA's (9/21/50-52) currently rejecting price action, and far below the 200day MA.
LSE:BRBYLong
by tommtajlor
Sell EURUSD Wedge BreaoutThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Rising Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0895, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0847 2nd Support – 1.0809 Stop-Loss: To manage risk, place a stop-loss order above 1.0925. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_TA_TRADING
12
SBER 5M Long Daytrade Conservative CounterTrend TradeConservative CounterTrend Trade + long impulse + SOS level + support level - above 1/2 correction + volumed 2Sp+ Calculated affordable stop limit loss 1 to 2 R/R take profit Hourly context: '"- short impulse + biggest volume T1 + support level + volumed 2Sp-" Daily context: "- short impulse + biggest volume transitional extremum / T1 + support leve + volumed manipulation" Monthly context: "+ long impulse + SOS level + support level + 1/2 correction"
RUS:SBERLong
by MishaSuvorov
Master Gold Trading in High-Volatility Zones! Unlock Risk Manag.In this video, I delve into the crucial aspects of Risk Management and share my insights on interpreting the market when it is in critical zones, just like the one displayed on our current XAUUSD chart. Here's what you can expect: Risk Management Techniques Learn the strategies I employ to manage risk effectively, ensuring that my trades are protected against sudden market moves. I will cover: Setting appropriate stop-loss levels below key support zones like the 15M LQZ. Calculating position sizes based on account equity to maintain a disciplined approach. The importance of risk-reward ratios in ensuring long-term profitability. Market Perception in Key Zones I explain my approach to analyzing the market when it is within significant liquidity zones (LQZ), as seen in the chart. This includes: Understanding price behavior around Daily LQZ (2,450.370), 4hr LQZ (2,447.909), 1hr TP/LQZ (2,419.054), and 15M LQZ (2,399.472). How these zones influence my trading decisions and help identify potential entry and exit points. Time Frame for Trade Execution Discover the time frames I focus on when executing trades in these volatile zones. I discuss: Benefits and drawbacks of different time frames. Why certain time frames, such as 15-minute, 1-hour, and 4-hour charts, are more suitable for analyzing price action and making informed trade decisions in the current market context. Trading Sessions Participation Gain insights into which trading sessions I actively participate in and why. Understanding the dynamics of different sessions (Asian, London, and New York) can significantly impact your trading strategy and execution. I will share: My preferences and how each session's characteristics influence market volatility and trading opportunities. The best times to trade gold (XAUUSD) based on historical volatility patterns. Chart Analysis Overview We analyze the current XAUUSD chart showing an ascending channel, highlighting key support and resistance levels. Key technical points include: Support Levels: Near the bottom of the ascending channel and around 2,399.472 (15M LQZ). Resistance Levels: Near the top of the ascending channel and around 2,450.370 (Daily LQZ). Price Action: Higher highs and higher lows within the ascending channel, indicating a bullish trend. A noticeable spike breaking through the channel suggests strong buying interest at lower levels. Potential Trade Setup Long Position: Consider entering near the lower boundary of the ascending channel or the 15M LQZ support level, targeting the 1hr TP/LQZ or the Daily LQZ. Stop Loss: Place below the 15M LQZ to manage risk. Key Takeaways Master the art of risk management to safeguard your trades. Learn to perceive and analyze the market effectively within key liquidity zones. Understand the importance of selecting the right time frame for trade execution. Know which trading sessions offer the best opportunities and align them with your trading strategy.
OANDA:XAUUSD
by Adlercon333