First Of All Merry Christmas To Everyone, I Hope New Year Will Be Amazing For All Of us, Specially In Crypto Market
Now Let’s Talk About BTC
Last Night The Price Rejected From 99500$ Resistance Area For a Third Times And Also Currently There Is a Bear Flag Formed At The Chart So I Expect a Small Correction To The 95500$ Before Next Try To Break a 99500$ Resistance Level
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Bitcoin / TetherUS
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British Pound / Japanese Yen
Hey Traders, in today’s trading session we are monitoring GBPJPY for a buying opportunity around 197.100 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 197.100 support and resistance area.
Trade safe, Joe. -
Australian Dollar / U.S. Dollar
On the 1-hour timeframe, we’ve broken out of the blue resistance trendline, but caution is advised. The price may face rejection at the red resistance zone, where sellers remain active.
Waiting for confirmation before opening a short position from this zone is a safer approach. Watch this level closely for clearer signals. 🎯 -
Australian Dollar / Japanese Yen
Hey Traders, in today’s trading session we are monitoring AUDJPY for a buying opportunity around 97.900 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 97.900 support and resistance area.
Trade safe, Joe. -
xauusd market 2611 target possible
HELLO TRADERS WHAT ABOUT THINK GOLD? MY ANALYISIS GOLD TARGET 2611 SO BI ALERT AND SEE MY TARGET STOPLOSS SET TRADE 2635 Here’s a summary of your updated XAU/USD trade plan:
Trade Plan
– Entry Point: 2628 (current)
– Target: 2611
– Stop-Loss: 2635
Market Analysis
The XAU/USD is experiencing a minor correction, driven by a short-term strengthening of the US dollar.
Technical Analysis
– RSI Indicator: The Relative Strength Index (RSI) is below 50, indicating a short-term bearish momentum.
– Moving Averages: The 50-day moving average is trending downwards, supporting the bearish view.
– Resistance Levels: The resistance levels at 2635 and 2640 could provide a selling opportunity in case of a bounce.
Risk Management
– Risk-Reward Ratio: Your risk-reward ratio is approximately 1:1.7, which is relatively conservative.
– Position Sizing: Make sure to adjust your position size according to your risk tolerance and account size.
FOLLOW MY CHART AND GIVE ME LIKE AND COMMENT IM RIGHT THANKS GUYS -
MCL1! A nice liquidity for a 28 W/L ratio
We are out of value but we have rejected from a resistance. A nice confluence of support is easily seen below.
1. VWAP
2. 618 Fibonacci
3. 4H OPEN/CLOSE
Expecting the trade to happen at an interval of few days.
Sadly can’t hold them positions open logn enough,
Anyways, Nice setup to keep in mind! -
Nifty spot prediction
Everything is on chart for SWING view
AREA UP AREA LOW SPACE -
XTZUSDT Perpetual Contract
Hey guys, Merry XMas!
Spotted this interesting trade setup on XTZ.
If we can manage to break the top of the channel, I’ll look for an entry after the retest at around $1.45, and making sure we get above that resistance line.
If we move towards the bottom of the channel, then I’ll look for entry points in the purple box that coincide with the bottom of the channel. Maybe the $1.00 price point.