usufgul

Head & Shoulder pattern has been formed on 1 Hour timeframe. If the price violates the Neckline than we may initiate the Short position with a defined SL and TP.

From June 22 to Oct. 23 the pair remained in a triangle. From 16th Oct. 23 the bulls took the charge and took the price to 4k plus level (in 21 weeks). From 11th March 24 to onward the price has again been forming a Triangle. As per time cycles the price started climbing up from the 70th week. The same 70th week marks the beginning of another triangle which we are experiencing now. As per time cycle the 70th week shall begun from the 17th Feb. 2025. So we need to be vigilant to any bullish move emanating from this week.The safer entry shall be when the price closes above the recent triangle in that case the TP shall be 6725 and SL is 2110. On weekly chart this is a good risk to reward ratio.

Bulls are trying to break above the 4k price level. There three attempts have failed. It does not mean they shall never succeed. Whereas in all this effort a famous pattern of cup & handle has been formed. Once the price sustains above this level the Target Price shall be 6075.The stop loss, as of today, has been defined and TP for the pattern has been marked on the chart. This shall be a long term trade and SL from the entry price could be wide so pl calculate your risk and reward i.e. money management, is requested.

On the 30m chart the bulls are taking the price up inch by inch. Recently they have posted a Higher Low HL and a Lower High LH which is conflicting in nature. But if the bulls succeed in breaking this lower high we also become their strength by joining them. pl share your thoughts how we can improve this.

After a very volatile November the month of December witnessing a sideway activity. Now this sideway is taking a shape and forming a wedge.If this wedge is breached upward we may initiate a Long trade. SL and TP has been marked on the chart for ready reference.Wishing a profitable Trade.

After recording the highest ever price, the Gold is trying to consolidate. In this process it has quite highs and lows but in all this a famous pattern, Head & Shoulder is emerging.If the neckline if broken initiate a short order with the Stop loss and TP suggested on the chart.wishing u the best of Profit.

The start of October was the start of bullish rally in the Gold. But if we look at monthly charts the RSI has posted a bearish divergence which indicates the exhaustion of the bulls. This is also evident on the daily bars from 4th December 2023 onwards. This is further elaborated by the "Change of Character Line".Keeping in mind this a short sell plan has been prepared. Cautious trader can initiate their short positions when the price cross bellow the 2nd sell bellow this line mark.

OMGUSDT IN BULL RUN On hourly chart the pair OMGUSDT has a very strong bull run. After initial spike the pair has traced back to around 0.5 Fib. level. This level seems to be a good joining point.

BTCUSD Long Call on 1 Hour Chart. BTCUSD after losing considerable ground trying to gain lost turf. It has been consolidating for quite sometime. Recent bar suggest the bulls eagerness to move the price to north. If the price sustains above R2 we may go long with keeping the stop loss below R1. TP1 has been suggested @ 1:1 and one may let profits run as the target price is at a distance.

BTCUSD Struggling to climb up the ladder and losing the momentum BTCUSD has been struggling to keep the upward momentum and candles suggest the bears are clinching the opportunity from bulls. This struggle started on 23rd June so we may be seeing the Climax soon