Trend Lines
#007 NEW DCA EURGBP SHORT Down Channel ResistanceThe chart shown is on the 4H but it doesn't matter if its on the 1H or 4H.
Both time frames show price doing a power move toward the resistance level of the down channel.
I have been eyeing on a few pairs that has this down channel thing, one of the other pair is the AUDUSD and GBPUSD, I think.
Currently, TP is set at 71cents SGD, or 41.5pips. No I wish, I thought, I hope, I pray. No no no.
0044SGT 13122024
Talk less, even by typing because the more we talk, the more we set ourselves up for failure.
0045SGT 13122024
Gold Pullback to Buy Zones Before 2737 TargetTrading Idea Summary CAPITALCOM:GOLD TVC:GOLD
The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it is now pulling back to **strong buy zones** before continuing higher.
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Updated Analysis:
1. **Pullback to Key Buy Zones:** The price is approaching critical support levels, such as **Fibonacci 0.5** and high-volume areas.
2. **Preparing for Further Upside:** These zones can serve as good entry points for the continuation of the bullish trend.
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Strategy:
- **Entry:** Around Fibonacci 0.5 (2,669-2,670) or the "golden pocket" zone (0.71-0.75).
- **Target (TP):** 2737 (4-hour order block).
- **Risk Management:** Stop-loss below high-volume areas, maintaining at least a 1:2 risk-to-reward ratio.
### Conclusion:
The price is showing a healthy pullback, creating a great buying opportunity before resuming the bullish trend towards 2737.
Gold Pullback to Buy Zones Before 2737 TargetTrading Idea Summary CAPITALCOM:GOLD TVC:GOLD
The price has been very **bullish**, and the initial expectation was for it to reach and test the **4-hour order block at 2737**. However, it is now pulling back to **strong buy zones** before continuing higher.
---
Updated Analysis:
1. **Pullback to Key Buy Zones:** The price is approaching critical support levels, such as **Fibonacci 0.5** and high-volume areas.
2. **Preparing for Further Upside:** These zones can serve as good entry points for the continuation of the bullish trend.
---
Strategy:
- **Entry:** Around Fibonacci 0.5 (2,669-2,670) or the "golden pocket" zone (0.71-0.75).
- **Target (TP):** 2737 (4-hour order block).
- **Risk Management:** Stop-loss below high-volume areas, maintaining at least a 1:2 risk-to-reward ratio.
### Conclusion:
The price is showing a healthy pullback, creating a great buying opportunity before resuming the bullish trend towards 2737.
Nasdaq Short: 5 Wave Structure completedI had previously published a short on S&P on 5th Dec and turns out to be quite a good call. I had delayed Nasdaq short call due to incomplete wave structure. As of yesterday's set up, it looks like we might have seen the peak. The only downside to this analysis is that the last sub-wave 5 is a 1-bar wave. But nevertheless, at the peak, price is more important than time.
Will Gold also test the next resistance level?It’s been a highly bullish week for OANDA:XAUUSD traders, with prices not only reaching but surpassing all my targets one by one.
As I outlined in Monday's outlook, if the bulls manage to break above the 2655–2660 resistance zone, the 2785 level would be exposed, and more importantly, the price would very likely move beyond 2700.
Yesterday, that prediction materialized as we saw a decisive break above this critical milestone, with FOREXCOM:XAUUSD reaching the 2718 target—and even surpassing it.
Overnight, the price briefly dropped from 2725, touching the newly formed support at 2700 before reversing strongly upward.
The overall structure remains extremely bullish, with every dip being bought by traders.
This momentum should guide our strategy moving forward, focusing now on the next resistance zone at 2755–2760.
LINK STARTEDhello friends
This potential coin finally started its trend.
Considering the sharp movement he has made, we expect that the specified targets will move.
The loss limit of this currency is the red line, if it falls below it, we will exit with a small loss.
Note that this coin has a lot of potential.
Don't forget capital management.
Be successful and profitable.
POSSIBLE BULLISH SET UP ON NZDUSDNZDUSD is reacting on weekly support level , has rejected for the first time and it is coming back to test the support for the second time to give us "W" pattern known as double bottom. Another confluence spotted is the break of 4hr trend line and it is having its way back to retest the trend line and the support level at same area. lets patiently wait for the touch and our bull candle confirmation to take the buys.
Start going long goldBros, yesterday I emphasized that the key resistance area for gold in the short term is in the 2720-2725 area. Starting from today's London market, gold is just suppressed below 2720 and is currently fluctuating in the 2720-2700 area. In fact, at this time, whether we participate in long or short transactions, we have no way to make a move!
According to the current decline, gold is just profit-taking, and it is not sold off. If gold is sold off, the decline will be far more than that. So it is not completely certain that gold will return to the short trend. So the bulls still have the ability to fight back.
The 2705-2695 area below is the last line of defense for the bulls. If gold falls below this area, then gold may be sold off and continue to fall. But before a break below this support area, we have one more opportunity to go long gold.
If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Natural Gas | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Natural Gas
- Double Formation
* 012345 | Wave 1&2 | Subdivision 1
* 2.0500 USD | Support Area
- Triple Formation
* Retracement 50% | Uptrend Bias | Subdivision 2
* 3.2000 USD | Resistance Area
* Top Bottom Structure | Gaining HH At 3.6700 USD | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
HINDUSTAN PETROLEUM CORPHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Silver is pressing for an up breakIn my Monday analysis, I noted that Silver was gathering momentum just below the 31.40 resistance level, with a high probability of breaking upward. Such a breakout could pave the way for a significant rise of approximately 2000 pips.
As anticipated, the price broke above 31.40, climbing nearly 1000 pips before beginning a period of correction and consolidation.
My bullish outlook remains firmly intact, and I continue to expect a move toward the 33.50 level.
The strategy of "buying on dips" should remain the focus for traders. Additionally, a decisive break above 32.50 would confirm the next leg of the rally, potentially unlocking another 1000-pip rise toward the target.
VEDL Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
TECHM Swing tradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
Bharti Airtel Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
LODHA Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
ADANI ENTERPRISE Swing TradeHello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .