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GBPUSD short target 140 pipsGBPUSD short target 140 pips Trade based off higher time frame , support and resistance and trend lines. After an initial rise approx 22 pips expecting it to reach high resistance and retrace to target. target is 140 pips , advising to secure here by moving stops, we could have further downside note the gap highlighted on the right of chart and that will more than likely be filled this week. As always please use proper risk management and entry criteria
Short
by F0rexBorex
US30 / Pivot Point Analysis for Bullish or Bearish MovesUS30 Analysis: Key Levels and Potential Scenarios The US30 (Dow Jones Index) has been navigating near significant levels after a strong bullish breakout, marked by a breakaway gap and a test of its previous All-Time High (ATH) at 45,097. As the price consolidates, traders are closely watching for signs of either a bullish continuation or a bearish correction. Below, we delve into the key levels and outline both bullish and bearish scenarios. Key Levels to Watch 1. Resistance Levels: - 45,198.3: Critical resistance and the upper boundary for the current bullish momentum. - 45,097: The ATH from November, which serves as a psychological level for bulls. 2. Support Levels: - 44,755: Immediate support to watch in case of a bearish pullback. - 44,405: Key support zone to hold the price within a bullish structure. - 43,900: Major support level coinciding with earlier consolidation and the breakaway gap zone. Bullish Scenario The bullish outlook remains strong as long as the price holds above the key support at 44,756. - Sustained trading above this level could pave the way for a retest of the 45,198 resistance. - A break above 45,198.3 would likely trigger a continuation toward the ATH of 45,097, with the potential for further upside into uncharted territory. - Traders should watch for a retest of the breakaway gap zone as confirmation of bullish strength. --- Bearish Scenario A bearish reversal may come into play if the price fails to hold above 4,7560 - A sustained move below this level could open the door for a correction targeting 44,404 and eventually 44,272. - If the bearish momentum intensifies, the next major support lies at 3,900, a critical zone that aligns with the breakaway gap. - A breach of 43,900 would signal a deeper bearish trend, with potential for further declines toward the next lower support zones. Key Levels Pivot Point: 44920 Resistance Levels: 45100, 45,198, 45,400 Support Levels: 44755, 44,404, 44,272 Conclusion The US30 is trading near critical levels, and its next move depends on whether the bulls can maintain control or if bearish pressures lead to a deeper correction. Traders should monitor the 44,756.3 support and 45,198.3 resistance for confirmation of the next directional bias.
OANDA:US30USD
by SroshMayi
GBPCAD Faces Key Resistance on Daily ChartThe GBPCAD currency pair has been in a strong uptrend in recent months, primarily due to the British pound appreciating against the Canadian dollar. This trend has propelled the price to around 1.8070, the highest level since 2020, where it encountered significant resistance. After hitting this peak, the price reversed and broke a long-term uptrend line, subsequently retesting this area, which is now acting as resistance. Currently, the price is showing signs of potential rejection at the 50% Fibonacci retracement level (1.7812), indicating selling pressure. It's important to note that the recent bearish movement (from October 30 to November 22) was notably stronger than the preceding bullish movement (from October 3 to October 30), suggesting that sellers have gained momentum after reaching the resistance level on the daily chart. Potential Sell Trigger If the price drops below the 1.7740 mark, it could activate a sell signal, indicating a new bearish phase. The technical setup supports this possibility because: A drop below 1.7740 would negate the previous bullish candle on the daily chart. The 50% Fibonacci level has already shown resistance, signaling price rejection. Sell Opportunity: Entry: If the price manages to close below the 1.7740 in the daily chart. A good entry point could be considered between 1.7740 and 1.7715, a range of 25 pips, maximum. Stop Loss: Above the high of the previous candle, at around 1.7860. Primary Target: Support area around 1.7475. Secondary Target: Extension to 1.7313, which aligns with a historical support zone. Alternative Bullish Scenario Conversely, if the price breaks above the 61.8% Fibonacci retracement at 1.7891, it could suggest that buyers are regaining control, potentially allowing the pair to reclaim recent highs at 1.8070 and move higher. Bullish Signals: If the daily manages to close above 1.7891. Sustained movement above dynamic resistance. A Stop Loss could be placed at 1.7750. Primary target would be around 1.8070, the daily chart resistance. Summary The GBPCAD is at a pivotal point; a break below 1.7740 could lead to a sharp decline, while a breakout above 1.7891 could resume the upward trend. The next direction will hinge on the strength of market participants and confirmation of these critical levels. Disclaimer 74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
Short
by Marketscom
HelenP. I Gold can grow a little and then drop to support levelHi folks today I'm prepared for you Gold analytics. Some time ago price fell to the support level, which coincided with the support zone, and then turned around and started to grow. In a short time price rose to the resistance level, which coincided with the resistance zone and even entered to this area, and some time traded inside. Later Gold rose to the trend line and then started to decline. Price quickly fell lower 2725 level, breaking it, and continued to decline to the support level. When the price reached the 2615 level, it broke this level and fell until to 2536 points, after which turned around and in a short time rose to the 2615 level and broke it again. Then price continued to move up to the trend line and when it reached this line, it turned around and made an impulse down to support the level back. But a few moments ago it started to move up. So, at the moment, I expect that XAUUSD can rise a little more and then turn around and fall to the support level. That's why I set my goal at 2615 points. If you like my analytics you may support me with your like/comment ❤️
OANDA:XAUUSDShort
by FirstNameHelen
3
EurUsd- Buy under 1.05 In last week's analysis, I mentioned that EUR/USD could reverse to the upside, with the 1.0330 zone likely marking a short-term bottom. As anticipated, the pair has climbed back above the 1.05 support level, indicating a false breakout. I still expect this correction to extend further, with the pair potentially reaching the 1.0670 resistance level. In conclusion, any dips below 1.05 should be seen as buying opportunities, targeting the aforementioned resistance level.
Long
by Mihai_Iacob
4
NG. - Long: bull flag breakout NG. has formed a bull flag with a falling parallel channel and is about to breakout. Bull flag is a continuation pattern so woith complete formation of bull flag, expected price target is 1230 which 24% profit from current price. If we connect two highest points on a weekly point, they coincide with the same price target of 1230, completing formation of a bull flag. Price is also above SMA200. If price retraces back to lower parallel channel trendline, this would be a good add level as there is strong support zone in Weekly timeframe Enter: Current Market Price SL: 930 TP: 1230 R/R: 1:3.89
LSE:NG.Long
by I_M_Shoaib
2
ATOMUSDT Long Setup Setting / Quick 15Min LongBINANCE:ATOMUSDT COINBASE:ATOMUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 8.723 8.811 8.913 9.029 🔴SL: 8.358 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
1
DOGSUSDT Long Setup Setting / Quick 15Min Long BINANCE:DOGSUSDT CRYPTOCOM:DOGSUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status) 👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate. ➡️Entry Area: Yellow zone ⚡️TP: 0.000772 0.000784 0.000793 0.000804 🔴SL: 0.000714 🧐The Alternate scenario: If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by CrazyS
Gold fell by $30 in Asian trading. Will the bearish trend contin Gold opened in the morning and fell from the 2656 area under short-term pressure. The intraday low tested the 2622 line, and the Asian session fell by more than 30 US dollars. In the real market, after the opening, the direction was clear, and the 2634 area was given a short order, and the short-term space was 10 points. The long-term trend of gold is still bullish. The medium-term weekly level is expected to fluctuate and adjust. After the sharp drop on Monday last week, the daily level is in a correction and oscillation trend. Due to the divergence phenomenon in each cycle, the key position is selected for intraday short-term operations. Combined with the current short-term trend of gold, the 4-hour and hourly levels are in a downward channel, and the upper suppression area is in the 2630 area. Breakthrough is further bullish. Therefore, gold European session pays attention to the long opportunity after the breakthrough of the 2630 area, defends 2625, and the upper target looks above 2645. In addition, today is the first trading day in December, and this week is also a non-agricultural day. Wait and see for large long opportunities, and try to avoid shorts. With the bottoming structure of gold, the band can see 100-150 points of space. There will be opportunities for layout in the real market.
FOREXCOM:XAUUSDLong
by Yuliya1l11
Is a deeper Bitcoin correction coming?The price has already lost several important lows, lost its long-term ascending trend line and has taken a corrective guard. #Bitcoin may need some rest or correction. Most likely view: Until Bitcoin consolidates above $96,000, we cannot be optimistic about the rise. For now, I have taken profit on all trades and am ready for the US market to open today to see if we will continue the decline or if the market will make another upward turn with strong and high-volume candles.
Short
by Reza_kahe
Gold Price Analysis: Bearish Flag Forming Amid Choppy RecoveryAfter Monday's significant drop, the price of gold began a correction yesterday, reaching my first resistance zone at 2640 before resuming its decline. However, gold found support around 2620 and started recovering again. The price action now appears to be forming a bearish continuation flag, suggesting that the next major move could be another downturn. In the meantime, gold may continue to rise in a choppy fashion toward the next key level at 2660. My strategy is to sell rallies near this zone, targeting a drop to 2590 while monitoring the newly established support at 2620.
OANDA:XAUUSDShort
by Mihai_Iacob
4
NTPC--Trendline Support??This stock is trading near its trendline support previously price bounces multiple times from the trendline. Now we have to again look for buying opportunity in this stock for continuation. we have to look this time will again bounce from the same trendline or price will grab the liquidity below this trendline and goes higher. Find potential opportunities in this when price reaches these levels. 1st bounce is expecting at 340-345 levels. On bottom side if price takes the liquidity, we have demand zone lies at 290 levels. Find Long opportunities in this stock.
NSE:NTPCLong
by IIT-Trader
Alikze »» DUSK | Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel 📣 BINANCE:DUSKUSDT is moving in an ascending channel on the weekly time frame. 🟢 In the previous rally, it stopped at the supply range of 55 cents and a corrective cycle was formed to the origin of the movement of 14 cents. 🟢 Currently, it is facing demand, considering the first movement wave and the correction to the origin of the previous movement. 💎 This movement wave is the third wave, which is located in the microwaves 3 of the first 3 waves, considering the current momentum. 💎 Therefore, in the first step: this movement cycle will have the ability to grow to the first supply zone. ⚠️ In addition, if the price correction enters the range of this validation level, the bullish scenario will be invalidated and must be re-examined and updated.⚠️ »»»«««»»»«««»»»««« Please support this idea 💡 with a LIKE 👍 and COMMENT 💬 if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email 📧 in the future. Thanks for your continued support.🙏 Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
2
$MRK Long-Term BuyHealthcare could possibly be the next rotation coming out of this tech bull run. Using the Trade Jeanie (Jeanius Screener/Indicator), I was able to see the current technical buy signals happening on NYSE:MRK : Inside a HTF fair value gap (12M timeframe) Testing a HTF uptrend line (3M timeframe) Larkuidity (Liquidity) Sweep The Jeanius Indicator shows green 'Combo' labels every time this same combination of signals happened The Jeanius Screener lets me filter my favorite tickers to see which ones are currently sweeping liquidity
NYSE:MRKLong
by jeanius_tech
GOLD. I expect a correction below 2605Hello traders and investors! I expect a correction in the price of gold below 2605. The buyer did not defend the 2710 level (see the previous post), and the seller resumed from the price range of 2721–2759. As a result, a range has formed on the daily timeframe. The upper boundary is 2721.42, and the lower boundary is 2536.855. A seller's zone has developed at the upper boundary of the range (red rectangle on the chart). The current seller's vector is 6-7, with the first potential target at 2605.31. Just below is the level marking the start of the last buyer's impulse on the weekly timeframe—2604.39—which has already been manipulated (false breakout). Therefore, it’s likely that the buyer will resume from these price levels. If the buyer does resume, the first potential target is the lower boundary of the seller's zone at the upper boundary of the range (2668.2). Good luck with your trading and investments!
OANDA:XAUUSD
by AlexeyWolf