Has GOLD made its low?It seems that GOLD might have made its low.
-Price turned 200EMA back to support (red moving average)
-Showing rising demand on the three lows I marked, and last one is the highest (rising demand).
-RSI break?
(White arrow)
When/If this lower high is broken then the price structure changes from lower highs to first time making higher high since may. Which gives me more conviction for a trend change. (ofc price has to stay on top of this level for keeping this valid)
The higher low break on 200EMA works as stop loss for me
I have around 2.5% of my net worth on Gold/Silver. I'm planning to make it bigger cause Gold will possibly run around 2.5k-3.5 in 2-3 years, and silver $50-$100
Good investment for years to come as quantitive easing etc will keep going harder than ever..
Check out my june BTC Dominance analysis here which hit spot on! :)
ETH -16%, BNB -30%, ADA -33% against BTC since that call
If you are starting out trading "post about great mentors I follow and respect" here
1st mistake novice traders do is that they don't use stop losses, doesn't calculate their RIsk/Rewards and gets their ass burned cause of that.
Always use them!
-PalenTrade
Longposition
ETH USDT 4 Hr Analysis. BINANCE:ETHUSDT
According to my 4-hour ETH analysis, the price is hunting the stop-losses of the previous low-low, and is now consolidating in the 1620-1630 range. The price is expected to move upwards to hunt the liquidity of the upside, as there has been a massive lower-side rejection at the 1611-1598 level in the last 4-hour candle. This indicates that the price is likely to move upwards in the coming hours.
In other words, the price is currently in a range, but there is bullish momentum building. Buyers are expected to push the price higher to hunt the stop-losses of sellers and to take out the liquidity on the upside.
Please note that this is just my analysis and is not financial advice. Please do your own research before making any investment decisions
"Bearish Outlook: GBPUSD Descending Channel Analysis"GBPUSD is still in Descending channel - bearish market, expected to fall towards support near $1.23100 before making retracement from broken support around 1.26070 - where we are likely to get the best trades (bears).
Considering the broken ascending channel on the Daily TF plus the small ascending channel on the lower 4H-1H time frames, this puts us in mind, it indicates more bears in the market.
Technical Analysis : USDJPY longs into 148.844JOLTs Job openings data against the Dollar Yen. The chart doesn't care for the negative numbers. Each time there is a bad period the price still rises.
Today's reading:
Actual - 8.82
Forecast - 9.46
Worst than expected
Even if price comes down I expect a reaction from this area
AMZN long position 50% moveOn the chart we can see a falling wedge.
We expect the price to break the downsloping resistance line,so when it's happen we could entry for long position.
After the breakout of the wedge we expect short consolidation in the green zone and after that an impulsive move to the upside.
EURAUD I Short term intraday longWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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!
GBPUSD Long idea for the coming weeksLooking on the charts, im going to aim for a long position on GBPUSD.
On the 4hour chart, previous wicks rejecting more downside as it looks.
Also we are in a nice orderblock area and resistance area
Going for a buy limit around 1.25785
Stoploss: 1.25451 (just below the last longest 4h previous wick)
TP1: 1.27089
TP2: 1.28650
TP3: 1.29090
If it would fall below that 4h long wick(which is touching the bottom of the purple zone) then im not interested anymore in a long position.
AAPL LONG with Midas signal reminder NASDAQ:AAPL
1. Clear all drawings and indicators.
2. Got a fibo 0.886 level, price reversed at here (React Don't Predict).
3. Add BandofMidas from indicators. Use Midas factor of 9.( suitable for this chart)
4. Price fall into Midas zone and reversed. Midas line still in pink. Double confirmed.
5. Plan your trade, risk reward ratio. GO Long.
Potential Bullish move continuationAs it is clear in the chart price has tested 1H Clean Break area acting as Support for the second time in the form of #double_bottom formation and also formed a bullish standard divergence which add to possibility of bullish move.
Also in 4H time frame price only took out liquidity from the previous low and failed to close below as you can see the arrow line and price failure to close below.
TATA STEEL LTD - 40% ROI - Long TermSYMMETRICAL TRIANGLE in Weekly Time Frame
if this stock breaks 115 level, huge potential comes in this stock
If you are interested in investment, go for it with proper risk.
Overall "TATA STEEL" fundamentally good stock.
Entry level : 115
SL : 102
TARGETS : 125,138,152
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
BTCUSDT : THE PERFECT LUNGThey say "Buy the dips", right..
But which ones? How do you know if it's reached bottom? Etc, etc.
These are all legitimate questions and there aren't very many answers out there.
That's where I come in..
This is confirmation of what you may have been thinking.
So, yes, you can go ahead and enter that perfect long position on Bitcoin with confidence at the current price ~$26150.
////////////////////////////////////////////////////////////////
DM me for custom requests and target insights.
RUNE Coin is on the long sheet with 1.499 levelAIHermes has identified RUNE Coin on the long sheet with 1.499 level
Entry model - breakout! 20X leverage
On the growth of Bitcoin, the coin made an impulse and gave a movement of 15%!
Stop short Leverage 20X
Almost 300% to the amount of the trade!
Trading from levels - it's simple, clear and safe!
HBAR: Big Guy PlayThe last idea for today, will not write a long read and will keep it short instead.
With BINANCE:HBARUSDT we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction.
What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up.
We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump!
Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low.
Have a good buy in and a calm night
👁️ A.I.Vision