13/4/25 TF 1W/1D Efert was trending inside a bullish channel since Oct 23 Although it has given a breakdown from the channel but this move can convert into Spring or Bear Trap. It will be confirmed with a daily closing above 190 within next 3 days Buy 192-199 Short term TP 229 & 248 Long term TP 310 ( Oct 25) In Sha Allah SL below 180
? CHF/USD – Bearish Reversal Opportunity from Rising Wedge Timeframe: 30-Minute Chart Instrument: Swiss Franc / U.S. Dollar (CHF/USD) Date: April 13, 2025 Pattern: Rising Wedge (Bearish Reversal) ? Technical Overview The chart showcases a well-formed Rising Wedge — a classic bearish reversal pattern that typically signals a shift in momentum from bullish to bearish. In this instance, the wedge occurs after a strong uptrend, increasing the likelihood of a trend reversal or at least a significant pullback. ? Pattern Anatomy ? Rising Wedge Formation Slope: Both the support and resistance trendlines are rising, but the support slope is steeper, creating a converging structure. Volume (Implied): Typically decreases as price tightens within the wedge, reflecting weakening buyer conviction. Candlestick Behavior: Several upper wicks suggest rejection at higher levels, while smaller-bodied candles signal consolidation and slowing momentum. ? Support & Resistance Zones Resistance: Horizontal resistance around 1.2319 marks the upper boundary of the wedge. Price failed to close significantly above this level multiple times. Support: Formed around 1.2200, which also acts as the breakout zone. ? Trade Breakdown Component Details Pattern Rising Wedge (Bearish Reversal) Breakout Direction Downward Entry Point ~1.2260 (Confirmed breakdown of support) Stop Loss (SL) 1.2319 (Above resistance/high of pattern) Take Profit (TP) 1.1986 (Projected from wedge height) Target Reasoning Height of the wedge projected downward ? Target Projection Wedge Height: Approximately 330 pips (from ~1.2319 to ~1.1986) Applied from the breakdown point, gives us a measured move target near 1.1986, aligning with a prior support zone and psychological level. ? Strategic Commentary This wedge follows a strong bullish rally, making it prime for reversal. As price compresses within the wedge, the energy often builds up for a breakout. In this case, sellers finally gained control, confirmed by a break below the lower wedge boundary. ? Key Takeaways: The multiple rejection candles at wedge resistance show bullish exhaustion. The clean retest after the breakout enhances conviction and reduces false breakout risk. The setup offers an attractive risk-to-reward ratio (~1:3). The confluence of rising wedge + resistance zone + price action behavior makes this a technically sound short setup. ? Additional Considerations If RSI, MACD, or volume indicators were included: RSI: Would likely show bearish divergence (price making higher highs, RSI making lower highs). MACD: May have indicated a bearish crossover at the breakout. Volume (if visible): Would typically decline inside the wedge and surge at breakout. ? Conclusion This Rising Wedge formation on CHF/USD is a high-probability bearish setup after a sustained rally. Traders could look to short on confirmation of the breakdown with a stop-loss above the recent highs and target a retest of key support near 1.1986. This setup aligns with classic technical analysis principles and offers a good opportunity for short-term swing trades or intra-day reversals.
? Weekly Outlook – XAUUSD Key Levels Map ? Premium Supply Zone: ‣ 3246 – 3275 → Price currently testing this premium area; potential reaction zone. ? Wick High / Liquidity: ‣ 3246.07 → Weekly wick = clear liquidity, useful for sweep/rejection monitoring. ? Weekly FVG (Fair Value Gap): ‣ 3085.16 → First key imbalance zone below current price, valid draw for bearish correction. ? Equilibrium Zone (Macro Weekly): ‣ ~2800 → Midpoint between recent major swing low and swing high = macro balance area. ? Origin of Macro CHoCH: ‣ 2372.54 → Anchored zone for deeper corrections; institutional footprint from structural shift.
13/4/25 TF 1D/3H Ph D complete Buying1 660-690 Buying2 btw 720-740 after second BO TP 890 SL below 620
SOLANA (SOL/USDT) is currently trading at $130.17 after rebounding from a well-defined sell-side liquidity zone between $98 and $131. The recent weekly candle shows a strong bullish recovery (+22.93%), suggesting that liquidity has been swept and buyers are stepping in. This level has historically served as a key accumulation zone, and the bounce aligns with oversold conditions on the StochRSI, which is now curling upward — indicating growing bullish momentum. If price sustains above the $125–131 level, the next immediate upside target lies between $170 and $188, where prior supply and consolidation occurred. A confirmed breakout above this range opens the path toward a higher resistance zone between $254 and $295 — a region that aligns with unfilled inefficiencies and previous price distribution. The ideal swing trade approach would be to enter on a pullback within the $110–125 range, set a stop loss below $98, and scale out at the $170 and $254 levels. This setup offers a favorable risk-to-reward ratio of approximately 1:3.5. Trade Strategy Suggestion (Swing or Positional): Entry: Ladder between $115–$125 on retrace SL: $105–110 (below wick low) TP1: $170–188 TP2: $254–295 Scaling Out: 50% at TG1, rest at TG2 or trail stops above $200 With macro tailwinds like renewed interest in Solana’s DeFi and meme coin ecosystems, institutional flow returning, and technical confirmation across multiple timeframes, this could be a high-conviction mid-term play for swing traders and positional investors alike. ? Narrative & Fundamentals: ETH L2 congestion → SOL gets transactional inflows SOL’s DeFi, NFT, and memecoin activity resurging (e.g., SEED_WANDERIN_JIMZIP900:WIF , SEED_DONKEYDAN_MARKET_CAP:BONK ecosystem) Institutional flow picking up (Grayscale SOL trust rallying) SOL remains one of the fastest L1s with growing developer traction
GLMR has likely completed a full 5-wave impulsive decline, with the final leg extending after a clean deviation below the key trendline, printing a low at 0.0543. This marks a potential medium-term bottom. A corrective upside move is expected from this zone, though the broken trendline remains unreclaimed and now acts as resistance. The internal supply trendline around 0.2337 is critical — price may face strong rejection here. However, a confirmed breakout above it could open the door toward 0.757, aligning with a broader supply zone.
SMC Trading point update GBP/JPY 2-hour chart outlines a clear bearish setup within a well-defined downtrend. Here's a breakdown of the trading idea: --- Technical Overview: Downtrend Channel: The pair is respecting a downward-sloping channel, with repeated rejections at the upper boundary, confirming bearish control. Resistance Zone (~187.8 - 188.5): Price has reached a highlighted resistance area that aligns with previous swing highs and trendline resistance — marked with red arrows for prior rejections. Bearish Projection: The analysis anticipates a rejection from this resistance zone followed by a downward impulse move. A pullback is expected, but continuation toward the target support zone around 179.150 is likely. Target Zone (~179.150): This level lines up with previous price action and matches the measured move (blue vertical box), adding confluence. EMA 200 (around 190.36): Price is well below the 200 EMA, reinforcing the bearish structure and trend bias. RSI Indicator (~52): RSI is slightly above 50 but not bullish — this neutral reading suggests the pair has room to drop if resistance holds. Mr SMC Trading point --- Trading Idea Summary: Bias: Bearish Entry Zone: 187.8 – 188.5 (resistance) Confirmation: Bearish candlestick pattern or rejection signal Target: 179.150 Invalidation: Break and close above 190.365 (above EMA 200 and prior highs) --- plase support boost ? analysis follow)
Most traders watch price action closely: candlesticks, moving averages, trendlines. But there’s a deeper, less obvious layer of information that often signals shifts in direction before price confirms it: momentum. ? Quick overview – what you'll learn: What momentum divergence is (clearly explained) How it helps predict potential trend shifts Practical ways to spot and trade divergences ? Price vs Momentum: They're Not the Same! Momentum doesn't simply track price direction. Instead, it measures the strength behind price movements. Rising prices, falling momentum often signals upcoming bearish reversals. Falling prices, rising momentum often hints at bullish reversals building beneath the surface. These subtle divergences are powerful because they reveal hidden market shifts before everyone else notices them. ⚠️ How to Spot Momentum Divergence (Simple Steps): Step-by-step: - Find clear price swings: Clearly defined highs/lows on your chart. - Check momentum indicators (RSI, MACD, CCI, etc.): Does the indicator agree or disagree with the price action? - Spot divergence: Bullish divergence: Price makes lower lows, indicator shows higher lows. Bearish divergence: Price makes higher highs, indicator shows lower highs. - Confirmation: Always wait for price confirmation like a reversal candle or break of a trendline. ? Why Momentum Divergence Works: Divergence highlights hidden accumulation or distribution by smart money. Helps you anticipate reversals before price confirms. Filters out weak moves and helps you avoid fake breakouts. ? Real Example (XAUUSD – April 2025): Recently in Gold: Price was dropping steadily, reaching new lows. Meanwhile, RSI showed clear higher lows – classic bullish divergence. Result: Price exploded significantly shortly after momentum divergence appeared clearly. ? Trading Tips to Remember: Divergence signals are stronger near key support/resistance zones. Use momentum divergence with your existing strategy for confirmation, not isolation. Always define your risk clearly (set stops above/below recent highs/lows). ? Common Pitfalls to Avoid: Trading divergence without confirmation: always wait for the market to show its hand. Ignoring the bigger picture: check higher timeframes for stronger signals. Overtrading: not every divergence leads to a reversal; quality beats quantity. ? Your Action Plan for Next Week: Pick one momentum indicator and identify at least 3 divergences on your favorite assets. Monitor how they play out. Note down what works best in your trading journal. ? Question for you: What’s your go-to momentum indicator when spotting divergence? RSI, MACD, CCI, or something else? Drop a comment below! Happy trading! TrendGo Team
13/4/25 TF 3H/1D PH C in prog IBR(Ideal Buying Range) WAS ON SPRG BD 280-290 Next IBR after BO from channel at 340 and retest btw 325-340 SL below 280 TP 355 & 380
BITCOIN TO ALL TIME HIGHS - WHY? We have seen bitcoin prive to a discount of the range and showing signatures that it is ready to attack all time highs again with shorts trapped