Sell-buy
Gold Update 5- TUE 13 JuneHi All,
Quick Update: I took TP1 & closed trade yesterday.
Today: I did re enter at same level entry level @ 1961.150 & took TP1 at 1951.380 with a profit 9187 pips on the micro account. Momentum is lost I guess for today …
Gold market goes sideways & I’m really weary of it. It could loose strength and start moving totally opposite.
As much as I’m aware set up still valid, but… I do treat market with a caution, because of pretty strong S/R levels & some signs of possible reversal on 1H & 4H charts. We can see triangle formation with neutral direction…
Even if the market going to loose steam I’m not upset so much because…
TP1 - 8431 pips yesterday
TP1 - 9187 pips today
In another words TP2 pip targets achieved in 2 trades & Total of 17.618 pips on micro account cleared up already
7 trades won in row…
Have a nice evening , time to relax ;)
scalping on usdchfthis is how I think the frank would behave. I believe I can set a short and long order and wait to see what will be happened
⚠️ Notice:
I will enter one third of my position on 70/30% of the box and the rest of it in the middle (50%) of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
Cardano ADA and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
ADA/USDT short
Entry Range: $0.35 - 0.37
Take Profit 1: $0.40
Take Profit 2: $0.43
Take Profit 3: $0.46
Stop Loss: $0.32
US-Oil 28th mayTurning our attention to US-Oil as our second highlighted pair this week, we've witnessed a complete reversal in order flow. However, I anticipate another change in the upcoming week. There are two possible scenarios: either we continue with the current bullish momentum, further accumulating liquidity, or we reach the upper range boundary and switch to a bearish outlook. Our strategy involves monitoring the 15-minute swing range and assessing if it aligns with the order flow on lower time frames. If there is confirmation, we will consider shorting oil, aiming for the significant weekly level (SWL) on the 15-minute chart as our primary target.
Considering the overall fundamentals, over the weekend, the US has reached a deal to extend and increase their debt default. This development suggests the potential for a substantial market movement upon the opening.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
NAS100 14TH MAYThe Nasdaq 100 is the last market we'll be discussing this week, it follows the same overall bullish narrative as the other pairs we've posted about today. Our analysis from last week was correct with direction and we expect this to continue. Our analysis this week indicates that the order flow is shifting towards a bullish direction, and we're looking for a possible shift lower into our swing low before price continues higher in line with the overall direction of the DXY. We'll be following the first bullish range established in either our lower or higher zone, or the first bearish range established in our higher zone. Our expectation is for a bullish continuation, but we still have a lower zone marked out which we could visit if price decides to travel bearish. As always, we refer to the DXY for more context on the trend, but we'll be watching the price action closely and waiting for a new high to be established along with a low before finding our trade setup.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
BTC - sell and buy zones.Hello! It is visually evident that a so-called "falling wedge" has formed on the chart, which is one of the most well-known patterns in the market. The wedge typically indicates that supply and demand in the market are converging, and can be a signal for traders that the price may change its direction.
In addition, buying and selling zones are highlighted on the chart. These zones can be useful for you, as they are a reference point for me in terms of where the price is expected to go in the near future.
XAUUSD 7th mayThis week, the gold chart has surpassed the last major swing high, indicating a potential for higher prices, especially given the bullish fundamentals. We have identified the latest range using yellow dots and observed a significant amount of liquidity around and under the latest swing low. Therefore, to avoid becoming part of this liquidity, we will be cautious with our stop and entry. However, we must confirm by closing below the range low labelled on our chart.
Additionally, we are monitoring the higher area for a possible counter-trend sell move, with confirmation entry only, and using the swing or major highs as our stop-loss protection.
The large levels of imbalance both higher and lower suggest that shifts are likely to occur. As always, we will wait to see how the market behaves in the first session of the week.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
*PURPLE ZONES ARE TO BE WATCHED FOR SMALLER TIMEFRAME SETUPS*
Gold trading idea big moveHi, after we defined the first buy wave of the gold with over 400 pips we manually closed the positions because we're about to see a big move down again :
we're scaliping buy/sell until 2037 where the big sell trades should take place we'll continue selling for the rest of today and friday london session if we get to 1970 by the Nyse session we'll close all and get back to buy position.
Be carefull the market will move fast during this couple days.
Cardano ADA Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Cardano ADA:
ADA/USDT short
Entry Range: $0.38 - 0.41
Take Profit 1: $0.34
Take Profit 2: $0.28
Take Profit 3: $0.24
Stop Loss: $0.44
GBPCAD 2th April This setup is based off of our larger swing setup for a possible BUY move, but we have a short term bearish order flow so we are following that for now, if we see price tapping in and dropping we will expect it to reach the lower areas of demand that you can see located at our lower swing low... it is from this stage iam looing for a possible shift to a bullish order flow so il be watching these zones in the coming sessions!
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
ApeCoin APE Price Target after the U.S. CFTC sued BinanceBinance and its CEO, CZ, are being sued in the US by Commodity Market Regulators in a complaint that claims the defendants committed “wilful evasion of US law”.
This comes after the SEC Charged Crypto Entrepreneur Justin Sun and his Companies for Fraud and Other Securities Law Violations last week.
Binance is responsible for 61.8% of the global crypto trading. Its Market Share is Huge!
I assume we are about to witness a major selloff in the crypto industry.
My APE ApeCoin Price Targets:
APE/USDT short
Entry Range: $3.50 - 4.50
Price Target 1: $3.00
Price Target 2: $2.60
Price Target 3: $2.00
Stop Loss: $5.25