Dow Jones : Bearish and Bullish Scenario 📉📈Hello Traders !
On The Daily Time Frame The US30 Price Reached A Support Level (32880.0 - 32583.0)
Currently We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Line !
We Will See a Bullish Move📈
TARGET: 34000.0🎯
Bearish Scenario📉
If The Market Breaks Support Level and Closes Below That
I Will Sell On Retest...
TARGET: 31950.0🎯
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Retest
AAVE's Bullish Pattern🌊AAVE is making waves, and it's not just another ordinary move. It's showcasing a powerful bullish pattern that suggests it's on a mission to dominate the buy side liquidity like a conquering force. The initial target in its sights? $133, and it seems to be approaching this objective with unwavering determination. 📈🌊
The Bullish Pattern Unveiled:
AAVE's price action has unveiled a striking bullish pattern that's capturing the attention of traders and investors alike. This pattern signifies a strong upward momentum, and it's not something to be taken lightly. 📊🚀
Aiming for Liquidity Domination:
What's even more fascinating is AAVE's clear intent to take over the buy side liquidity. This means it's strategically working to clear out buy orders above its current levels, creating a path for further price advancement. 🧭📈
Initial Target: $133:
The first milestone on this journey appears to be the $133 mark. AAVE is seemingly determined to reach this level, and it might not stop there. 🎯🚀
Trading Strategy:
Observation: Keep a close eye on AAVE's price action and the progression of this bullish pattern.
Risk Management: As always, implement risk management strategies to protect your investment, especially in the volatile crypto market.
Fundamental Awareness: Stay informed about AAVE's fundamentals and any news that could influence its price.
Conclusion:
The cryptocurrency market is known for its fascinating patterns and explosive price movements, and AAVE seems to be aligning with this tradition. While patterns can offer insights, they don't guarantee outcomes, so it's essential to trade wisely and adapt your strategy to the dynamic nature of the crypto space.
AAVE's determination to dominate buy side liquidity and its initial target of $133 are compelling signals. As you navigate these exciting waters, stay vigilant and informed, and may your trades be prosperous.
❗️Get my 3 crypto trading indicators for FREE! Link below🔑
NZDJPYNZDJPY was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 87.20 region.
Will the bulls take charge again continue for leg higher?
bearish retest of top rangeThings are moving fast. Too fast.
The last time things moved this fast was before a big blowout.
Looking to get in to a 1x short over the next weeks depending on how chart looks.
Maybe we see a wick up on the next monthly candle and then retrace?
Good luck everyone, good luck to the people who are buying this to hold for longer. It's not back sorry this is not how bull markets start or are being made, .. this is the first lower high and everyone who is still holding this ponzi or still desperate enough to trade this day by day and follow altponzis gets exited.
If youre in a rush to make money youre in a rush to lose money.
patient.
Rally may comeLooks like a rally is coming, but I'm very careful this time. It could be a retest of the broken trendline and then the price pulls back hard at the end of the week. I think we are at a consolidation phase, we will see ups and downs for a few days or weeks like it did before (yellow markups). I'm currently trading with short term options taking advantage of the ping pong movement until I see a clear direction.
Retest Strong Support | Long BiasOn 4H TF
I figured out two waves had completed, you can see it on the chart.
Now, MAV is trading at 0.204x and accumulating around this level
I expect MAV will go up if it doesn't close below 0.197
Nearest target for bullish around 0.22 that is my view
Wait for next move
USDCHF - 2 SCENARIOS 📉📈Hello Traders !
We Have 2 Scenarios on USDCHF:
Bullish Scenario📈
If The Price Breaks and Closes Above Resistance Level (0.90893 - 0.90135) !
We Will See a Bullish Move📈
TARGET: 0.92070🎯
Bearish Scenario📉
If The Market Breaks The Support Level (0.89868 - 0.90135) and Closes Below That
I Will Sell on Retest...
TARGET: 0.88780🎯
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SOLUSDTSOLUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 26 followed by 30
What you guys think of this idea?
EURNZD - Break of Structure 📈Hello Traders !
On The Daily Time Frame, The EURNZD Price Reached A Support Level (1.75750 - 1.74798)
Currently, The Price Failed To Create a New Lower Low.
The Last Lower High is Broken (Break of Structure).
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 1.80650🎯
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AUDUSD : Bearish Move 📉
Hi Traders !
As We Talked in The Previous Analysis:
The AUDUSD Price Formed a Head and Shoulders Pattern.
The Neckline is Broken.
The Support Line is Broken.
The Price Created a Correction and Touched The Neckline
and Now it Will Continue its Bearish Movement
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TARGET: 0.62100🎯
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EURAUD I Potential upside Hello,Traders!
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EURAUD is trading in an uptrend on the weekly and a downtrend
on the daily. 1.6640 structure daily high was recently broken and created a
new high at 1.6703. The price has pulled back to the neckline area and
showing rejection from 1.6557 support. If this support holds, price will likely
continue to the upside to retest 1.6700 zone. LONG!
Trade safe and good luck!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Bullish on Shop.
Hello all, As you can see here on the 15-minute chart we are in a channel. I drew these lines and supply zones on the hourly chart. I am looking for a bullish breakout and retest of resistance with a high volume bounce off with good volume on the Hiekin Ashi candlestick chart. I am looking long because the market seems to go where the liquidity is. Thank you for reading my analysis.
GU: “Break & Retest” Setup on “Momentum” Set Stop Entry (33/100)System has identified a “B&R” playbook setup and a potential “momentum” shift sell stop entry during the third hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GBPNZD: “Break & Retest” Setup on “IBM” Buy Stop Entry (33/100)System has identified a “B&R” setup and a sell stop on the break of the inside bar for an entry executed during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GA: “Break & Retest” Setup on “Momentum” Buy Stop Entry (32/100)System has identified a “B&R” playbook setup and a potential “momentum” shift buy stop entry during the first hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GBPCAD - Bearish Double TOP 📉
Hello Traders !
On Friday 22 Sep, The GBPCAD Broke a Strong Support Level (1.65373-1.67148)
This Key Level Becomes a New Resistance Level.
The Price Created a New Correction in The Previous Week!
Currently, The Price Formed a Double TOP Pattern.
The Neckline is Broken.
So, I Expect a Bearish Move !
i'm waiting for retest...
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TARGET: 1.63830🎯
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BNB => Ascending channel retest 🚀🚀🚀Binance Coin (BNB) has emerged as one of the stalwarts in the cryptocurrency space, showcasing remarkable strength and resilience. Let's delve into the fascinating world of BNB's price action, particularly its impressive ascending channel on the weekly chart, and explore the potential for a bullish breakout.
Binance Coin's Ascending Channel: A Powerhouse of Potential
The weekly chart reveals BNB's remarkable performance within an ascending channel.
This channel represents an area where BNB's price oscillates upward within well-defined boundaries.
Ascending channels often serve as powerful indicators of a bullish trend.
Anticipating a Fakeout: A Clever Strategy
As BNB moves within the confines of this ascending channel, traders should be aware of a potential fakeout.
A fakeout occurs when the price temporarily breaks below the channel, tricking traders into selling.
Look how fakeout can be done :
A fakeout is a strategic move by whales and market participants to shake out inexperienced traders.
The Art of the Retest: A Bullish Sign
Should BNB execute a fakeout, it often follows up with a retest of the ascending channel's upper boundary.
The retest serves as a validation of the channel's significance and a strong bullish signal.
Experienced traders often view retests as prime entry points for long positions.
BNB's Weekly Strength: An Encouraging Indicator
BNB's ability to maintain its upward momentum on the weekly chart is a promising sign.
Strength on the weekly timeframe is often seen as a sign of potential further growth in the mid to long term.
Conclusion: Seizing the Binance Coin Opportunity
As Binance Coin demonstrates its strength within the ascending channel, traders and investors have the chance to make informed decisions and capitalize on potential opportunities. Understanding the nuances of a fakeout and the subsequent retest can be a strategic advantage.
While the cryptocurrency market remains dynamic and unpredictable, recognizing and leveraging these patterns and signals can empower traders to navigate the ever-evolving landscape.
Remember to employ sound risk management practices and stay informed. Engaging in discussions, sharing your insights, and being part of the crypto community can be invaluable in this exciting journey. 🚀💼🌐
❗See related ideas below❗
Feel free to like, share, and leave your thoughts in the comments.💚🚀💚
NZDCHF - Bearish Double TOP 📉Hello Traders !
On Friday 29 Sep, The NZDCHF Price Reached a Supply Zone (0.54738 - 0.55028)
Currently, The Price Formed a Double Top Pattern.
The Neckline is Broken.
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 0.52950🎯
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