Technical Analysis and Outlook: During the current trading session, the Euro has demonstrated a successful pullback to the anticipated support level of 1.128, from which upward momentum has emerged. Consequently, the currency is positioned to retest the previously completed Outer Currency Rally level of 1.142, potentially advancing towards the subsequent target marked next Outer Currency Rally at 1.159. However, it is essential to recognize that there is a possibility of downward momentum re-emerging should the Euro challenge the completed resistance at 1.142 or the forthcoming target of 1.159.
Whales are preparing a huge trap for the retail traders, and you probably already know that the trap is this massive falling wedge! Falling wedge patterns are usually bullish, right? But not if they occur at the end of a trend. You probably want to trade wedges that are at the start of a trend. What's more, everyone is watching and buying into this wedge, which brings so much questions - will all retail traders get REKT again? Most likely yes, as usual. You want to do pretty much the opposite of what the majority of retail traders do to be a profitable trader. You probably already know that Bitcoin is manipulated and controlled by the banks and huge institutions. They control the price and development. Do not be fooled that some average Joe geek from Florida eating McDonald's controls the development. Whales need liquidity to buy because their orders are so huge; they need time to buy as much Bitcoin as possible. That's why they need to push the price down to take all stop losses from retail traders. The price is below the 20, 50, 100 and 200 daily moving averages - that's a huge downtrend! Also, on the chart we can see a huge previous rectangular range between 108k and 91k. It does make sense if the price will test this range before continuing to the downside. To me, this is indeed a risky speculation. I definitely don't want to speculate on that, because sooner or later Bitcoin will crash to 67k! I don't trust this falling wedge at all! Please tell me, what about you? Write a comment with your altcoin, hit the like button, and I will make an analysis for you in response.
Hello Traders, the NIFTY50 has achieved my target range @ 23872 and touched the wave x² range of a possible triple pattern. This was inline to my analysis! It will be interesting to observe how market will react in the coming one or two days ahead! Chart analysis! As to seen, there is a trend line drawn, and it has been touched three times, what makes this one really important! On the way up, there are some gaps to the upside, and sooner or later, they will be closed. A first target for this scenario could be a range of about 22867 area. The bulls have to watch the impulsive structure, that has been formed at the last days, 'cause it's possible to count an impulsive move up (1-2-3-4-5)! The next move, when it is done, is a correction within a wave 2, that more often than not retrace a 0.618 Fibo of wave 1 of any degree. New lows, while not expected, are just below @22194 a real scenario! When the bulls are willing to extend the gains, one target range is around the wave x of the triple @ 24857 a realistic idea! Well, friends, that's it for a quick note. Happy Easter and a great week for all of you..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk. https://www.tradingview.com/x/pw0XXW47/
Technical Analysis and Outlook: During the price movements observed throughout the week, Bitcoin has remained close to the previous Mean Support level of 85200 and appears poised to initiate an upward breakout, targeting the newly developed Mean Resistance level of 86400. This breakout may facilitate a retest of the completed Interim Coin rally at 88400, with additional expansions of targets also being a possibility. It is critical to acknowledge that potential for downward momentum may arise from a rechallenge of either the Interim Coin Rally at 88400 or the Mean Resistance at 86400.
craftsman automation showing stability after downfall company doing well fundamentally and technical chart also looks good sector is one of my favorite. a monopoly sector and can perform good in upcoming time
It's been a while since my last idea! (Too busy traveling lately ?) Today, we're zeroing in on a high-probability short setup on EURCAD. This pair has surged strongly since the start of the year, fueled by all the Trump-related market chaos. Once we smashed through 1.52—last year's key resistance (a level where we previously banked over 600 pips on a massive drop)—the market has been steaming towards the next major SELL zone between 1.58 and 1.615. This area has been rock-solid resistance since 2009, causing significant sell-offs each time we've tested it. Can history repeat itself? Let’s dive into the charts. Weekly Chart: After the initial spike into our key zone in early March, we saw an immediate 600-pip rejection, but buyers quickly regrouped and drove the pair to fresh highs near 1.60. Crucially, we're now seeing a lack of follow-through on recent highs, which is a classic sign of buyer exhaustion. Even more telling, this week's candle is a spinning top—a textbook reversal signal. https://www.tradingview.com/x/a4Kp4mcC/ Daily Chart: Zooming into the daily timeframe, price action is becoming increasingly choppy with multiple rejection candles at the highs—clear signs that sellers are starting to step in. Additionally, MACD divergence is glaringly obvious, reinforcing the bearish setup. https://www.tradingview.com/x/gMG4qC3j/ 4-Hour Chart: At the 4-hour level, the market is now trapped in a tight sideways range between 1.57 (floor) and just above 1.58 (ceiling). The MACD continues to signal divergence—another strong indication that the bullish momentum is losing steam and a reversal is likely imminent. https://www.tradingview.com/x/FWcZukUc/ How I'm Trading It: Given all these signals, I'm using my TRFX indicator to build a long-term short position, targeting sell signals on the 8-hour and daily charts. The daily chart alone has been flashing multiple sell signals already (see below): https://www.tradingview.com/x/qjEAGLCZ/ One last thing: Don’t be surprised by a quick fake-out spike toward the upper bound at 1.615—it’s very common in setups like these. Any sharp spike up should get quickly rejected, giving us another great selling opportunity. Targets: First Target: Last year's major resistance at 1.52—expect a reaction and possibly a bounce here. Second Target: Longer term, I'm eyeing a deeper move toward the major support level around 1.43, offering a huge profit potential if the reversal fully plays out. That's my game plan—let me know your thoughts below! ?
After a very unexpected bearish ride for ETH, I am convinced we are having a trend change to the upside for ETH. A bullish move to the upside can happen quickly and make new highs. Trade at own risk.. ! https://www.tradingview.com/x/LoTBvBMj/
AGL has completed its distribution phase of Wyckoff Cycle and has started its downtrend. shortsell @ 64-62 TP 52 SL above 66
This week, the gold market showed a trend of rising and falling. Under the influence of the Federal Reserve's interest rate decision, spot gold hit a record high of $3,357 per ounce and then fell back, eventually closing at $3,327, still recording a 2% increase on a weekly basis. The market was closed on Friday due to Good Friday, and trading was relatively light. Fundamental analysis: The Fed keeps interest rates unchanged, Powell's stance is dovish, weakening the trend of the US dollar The situation in the Middle East remains tense, and safe-haven demand supports gold prices Global central banks continue to buy gold, and physical demand remains strong The US economic data is mixed, and the market's expectations for rate cuts are repeated Technical analysis: Daily level: The rising channel remains intact, and the moving average system is in a bullish arrangement RSI has fallen from the overbought area and is currently in the neutral to strong area of 63 3357 forms a short-term top, and 3280 forms the first support level 4-hour level: MACD shows a top divergence signal, and there is a need for short-term adjustment The 3300 integer mark has become a watershed between long and short positions The Bollinger Bands have begun to close, indicating that a direction will be chosen soon Key price levels: Resistance levels: 3357 (historical high), 333 7 (yesterday's high) Support level: 3300 (psychological barrier), 3280 (Thursday's low), 3250 (trend line support) Next week's outlook: If it stands above 3300, it is expected to test the resistance of 3357 again If it falls below the support of 3280, it may drop to the 3250 area 3400 US dollars is the next key psychological barrier Operation suggestions: The aggressive ones try to go short with a light position at 3337-3342, stop loss above 3350, and target 3315-3300 The conservative ones arrange long orders at 3280-3285, stop loss below 3273, and target 3315-3340 Break through 3357 and follow the trend to go long, target 3380-3400 Risk warning: Pay attention to the development of the situation in the Middle East Pay attention to the speeches of Federal Reserve officials Pay attention to important US economic data
BINANCE:HBARUSDT has spent months correcting after a strong rally and is now compressing within a falling wedge — which could also be interpreted as a bull pennant. Two Potential Scenarios • Falling Wedge – A classic reversal setup with bullish RSI divergence and declining volume. Measured target: ~$0.335.* • Bull Pennant – A continuation pattern formed after the late-2024 impulse. Measured target: ~$0.525.* Early Bullish Signs • Declining volume as the pattern developed could signal waning seller strength. • RSI breaking out of a multi-month downtrend, and retesting the resistance as support, can be a leading signal of a subsequent price breakout. Key Levels • $0.050 – Multi-year demand zone. • $0.120 – Current support + HVN* + previous S/R + 0.786 Fib. • $0.180 – Resistance + HVN + previous S/R + 0.618 Fib. • $0.280 – HVN + prior swing high + likely resistance. • $0.320–$0.460 – Monthly supply zone (in place since March 2021). • $0.335 – Falling wedge measured target (depending on breakout timing)**. • $0.360–$0.400 – Daily sell-side order block, expect resistance. • $0.525 – Bull pennant target (depending on breakout timing)**. * Wedge and pennant targets are measured from the breakout point, so the actual target will vary the longer we spend within the pattern. ** HVN: High Volume Node — zones of concentrated past trading activity, reinforcing S/R relevance. ⚠️ Until a clean breakout occurs, CRYPTOCAP:HBAR remains in a compression phase and a No-Trade Zone.