Bitcoin can make small move up and then drop to support lineHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago started to decline and fell to the buyer zone, breaking the support level, where it some time traded. Later it tried to grow, but failed and quickly fell back to the buyer zone, after which made a strong upward impulse, breaking 95500 with 102200 levels. Next, the price grew more and then dropped to 90500 points, after which backed up and started to trades inside the triangle pattern. In this pattern, BTC almost rose to its current support level and then started to decline. In a short time, the price fell to the 95500 support level, and even lower, to support line of the triangle, which is coincided with the buyer zone. Then BTC bounced up and rose to the 102200 level, after which made little correction and then continued to move up. Some time later, the price reached the 102200 level again, broke it and now BTC trades inside the support area, very close to the resistance line of the triangle. So, for this case, I think BTC can make a small movement up and then continue to fall to the support line of the triangle pattern, breaking the support level. That's why I set my TP at 98900 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
Triangle
Update levels on NZDUSD scenario 11.12.24In this market I added levels and in general I partly reworked the entire analysis so far it looks like looking for SFP if the market finds it then it is likely that it will rebound and it will depend on how the market maintains the support if the price breaks through it then there is a long set option up if he keeps it then a short set up is quite possible.
Scenario on EURUSD 11.12.24In this analysis, I think there are two possible scenarios and that is a long set up if we stay above the price range around 1.06100-1.06400, but if we do not break through this price range, then I would rather focus on some short set up, we will see the situation is not very visible at the moment.
Scenario on GBPJPY 12.12.24On this graph, a correction structure has formed beautifully for us, which has reached the price zone of 200, where we have monthly levels and support, we currently have two scenarios here, the first is the bullish one and that is that we will get above the price of 193.900 and we will go to retest the level around prices of 200 or we will not break or hold this zone and a bearish scenario would be possible.
Scenario on s&p 500 13.12.24We have two scenarios for now, the first one is that if we want to get to the new ath, we need to keep the level around 6060, if that doesn't happen and we break below this level, it is possible that there will be a deeper correction, the first level is 6000, the deepest so far is 5880.
VANRY/USDT: 50% PROFIT POTENTIAL SETUP!!🚀 Hey Traders! 👋
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VANRY Looking Strong! 📈
VANRY is forming a symmetrical triangle on the 4-hour time frame and is holding the lower trendline like a champ. A solid bounce looks imminent from here. This could be your chance to catch a big move early! 🚀
📌 Trade Setup:
Entry Range: CMP and add more up to $0.138
Targets: $0.16 / $0.178 / $0.192 / $0.214 🎯
Stop Loss: $0.132 (Keep risk in check)
Leverage: Low leverage only (Max 5x)
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AUDUSD Trade SetupFor those looking to enter this trade, you can take an entry now with a tight and light stop-loss.
For those who prefer a safer approach, wait for the break of wave 4, followed by a retest, and then enter. This method offers greater security.
The triangle pattern has formed successfully. However, keep in mind that most chart patterns are often designed to manipulate traders by breaking and moving against their positions.
As for me, I’m not concerned about such manipulations. I have a strict risk management plan in place, and I’ve identified two key entry zones as marked on the chart.
Doesn't make any sense a drop, right?It makes no sense that this company is dropping today, but there is a reason for it: it was forming this massive symmetrical triangle that aims to take us to a new high. In fact, it left two vectors with a formation waiting to be completed, perhaps today or during this important week of the FED meeting.
ASCENDING TRIANGLE IN TATA MOTORS ???- By seeing the daily chart it is been clear that it is forming ascending triangle but the question is how to trade ?
- To enter the trade we have to wait for breakout once it breaks 818-820 then the next candle has to breakout the high of of previous candle so we are double sure that it's not a fakeout.
- The target will be around 890-894, but it can give a pullback around 850-855 level so if anyone who missed that can buy on a pullback.
- Don't buy in hurry immediately after pullback check out the price action and behavior of market.
- Stop Loss will be around 750-755.
This is not any buy recommendations, This are all my personal view and knowledge which I am sharing.
#005 NEW DCA GBPAUD SHORT @ Major ResistanceShort limit triggered at impulse wave (rejection of major resistance level).
If price were to reverse back towards the major resistance level, I have another sell limit order there.
Shall see what's going to happen next.
Positions will be shown in the update below.
1717SGT 12122024
Dollar Index (DXY): Clear Strength?!
Looks like Dollar Index is ready for more growth.
I see 2 strong bullish confirmations after a retest of a recently broken horizontal resistance:
the price violated a resistance line of a symmetrical triangle and a neckline of a horizontal range.
A strong bullish imbalance indicates a high momentum.
We can anticipate more growth.
Goal - 107.13
❤️Please, support my work with like, thank you!❤️
All Targets achieved on PSO!PSO Call was initiated on 25 Oct'24 at the breakout of 225, however, could not be published due to unpaid account.
78% gains as per the projections have been achieved within 2 months.
Swing traders should close their trades here, however, those wish to ride the trend can still hold it with Stop loss at 288
OGDC all Targets achieved !Initiated a call in Sep'24 for potential Target of 190 on the breakout of symmetrical triangle and breakout of previous LH which was achieved on 8 Nov'24. given swing traders approx 35% gain within 2 months.
The stock is likely to continue its bullish momentum and might test its first resistance at 244 and second resistance at 265. However, those who wish to ride should place SL @ 177 so that all gains are not eroded.
BITCOIN → Consolidation before the breakout. When do we go up?BINANCE:BTCUSD continues to consolidate, but within a strong bullish structure. The price is approaching the trigger, the breakout of which may provoke the formation of an upward impulse
Globally, the coin is still in the phase of realizing a global " cup and handle ", which I reminded one of the first back in August:
A good signal that hints that the growth is likely to continue is the fact that after a strong growth and testing 100K the price does not fall, but consolidates with gradually rising local lows, it is also worth paying attention to MA-50, which acts as a strong support. Within this consolidation we have clear zones, within which the price is trading and accumulating potential, and there is also a clear trigger, the breakout of which can provoke the continuation of growth (distribution).
But next week is the Fed meeting on December 17-18, and there may be short-term market manipulative reactions. Be careful
Resistance levels: 101.8K, 104.1K
Support levels: 98.9K, 94.15K
Technically, the focus is on 101.8 - 98.9. Consolidation is forming inside this channel. I do not exclude a chance of support retest in the format of a false breakdown before further growth. Another deep correction to the lower liquidity zone - 94.1K is also possible. But until the price breaks 101.8, bitcoin will not go up, and based on the chart, the event is close and the chance is high
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:BTCUSDT ;)
Regards R. Linda!
Grupo Televisa (ADR) | 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
# Grupo Televisa (ADR)
- Double Formation
* Descending Triangle | 2.50 USD | Downtrend Continuation
* Top / Bottom Structure At 2.00 USD | Subdivision 1
- Triple Formation
* 012345 | Wave 3 | Survey Conditions | Subdivision 2
* Retracement ((50)) | Reversed Wick Rejection At 1.90 USD
* 012345 | Wave 5 | 1.15 USD Entry Bias | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell