This video is mostly a big thank you for all the great comments and questions over the past few weeks. I've been posting these videos on TradingView for almost a year and the types of viewers/followers I've been gaining is incredible. You guys & gals have really impressed me with your questions and engagement. Many of you follow me for months without ever commenting or asking any questions. I received a call from a client/follower in Alberta last night and he reported last week's gains at over 300% by following my videos. I received a message from another TV follower saying he's been following my videos for many months and, after a bad loss a few years back, he has decided to give trading another go. I've stated it before and I'll keep saying it.. I'm not trying to scam you out of anything. I'm trying to show you the RIGHT SKILLS and TECHNIQUES for you to learn to become a better, more skilled trader. The way I look at it is like this... If I can teach you half of what I know and see on the charts, then you guys will be able to achieve so much greater success and have gained/retained the knowledge to do it on your own. You watch me do it over and over on these charts. Guess what - you are LEARNING at the same time. Now, after a couple of years of doing this and following my videos, you've GAINED an education on how to trade more efficiently, manage risk more efficiently, and achieve your trading goals (I hope). Right now, I'm getting messages/comments from people saying they are making 200%, 300%, 500%, or more every week or two from my videos. That is absolutely incredible. I just want to urge you to remember I'm not 100% perfect in predicting the markets. No one EVER really is 100% perfect at it. In the long run, as long as you don't get super greedy, you'll survive any minor losses and live to trade another day. That is probably the most important thing I can teach you - trade within a proper scale to your RISK LEVEL. Never BET THE FARM on your trades. Always have a 50% to 70% cash reserve. Anyway. Thank you. I really appreciate all of you. Hope you enjoy this video. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #gold #nq #investing #trading #spytrading #spymarket #tradingmarket #stockmarket #silver
This chart is an insightful visual representation of technical analysis for the Gold Spot price (XAU/USD) against the U.S. Dollar. Based on its design, it seems geared toward identifying potential price movement patterns and decision points for trading. Here are some key takeaways: 1. **Fibonacci Retracement Levels:** Highlighted at 0.618 and 0.886, they indicate potential zones where the price might reverse or consolidate, valuable for planning entry and exit points. 2. **Significant Price Levels:** Labels like PDH (Previous Day High), PDL (Previous Day Low), and PWL (Previous Week Low) provide context on past market performance, which can signal future behavior. 3. **Market Structure Insights:** Annotations like BOS (Break of Structure) and CHoCH (Change of Character) help traders analyze shifts in trend or market momentum. 4. **Current Market Data:** With an ask price of 3,238.290 and a bid at 3,237.570, accompanied by a visible increase in volume, this may suggest heightened market activity.
As of April 12, 2025, Bitcoin (BTC) is trading at approximately $83,680, near to the previous close. The cryptocurrency has recently experienced a surge, with the intraday high reaching $84,138 and the low at $82,804. Technical Analysis: Trend Channel Dynamics: Bitcoin has broken above a descending trend channel, a key technical indicator suggesting a potential shift from bearish to bullish momentum. This breakout is significant as it indicates increased buying interest and a possible reversal of the prevailing downtrend. Resistance and Target Levels: The immediate resistance is observed around $87,000, where key moving averages converge. A sustained close above this level could pave the way for Bitcoin to test the $92,000 mark, aligning with the upper boundary of the previous trend channel. This level is crucial as it represents a potential area of strong selling pressure. Moving Averages Analysis: The 50-day Simple Moving Average (SMA) stands at approximately $85,000, while the 200-day SMA is around $87,200. Currently, Bitcoin's price is trading below both, indicating a bearish trend. However, the recent breakout above the trend channel suggests a potential shift towards bullish momentum. Relative Strength Index (RSI): The 14-day RSI is at 50, indicating neutral market conditions without clear overbought or oversold signals. This suggests that Bitcoin has room for further upward movement before reaching overbought territory.
Litecoin (LTCUSD) is showing early signs of a potential bullish reversal after bouncing off a strong demand zone around $70–$76 (highlighted in orange). Here's a breakdown of the technical setup: Key Technical Zones: Support Zone: $70–$76 (High Volume Node + Demand Area) Resistance 1: $81.27 – Immediate resistance that could turn into support if broken. Resistance 2: $104.79 – A key level to watch if momentum continues. Supply Zone: $116.73 – $131.03 (Marked by heavy previous selling pressure) Bullish Signals: Price has tested the demand zone multiple times and held, indicating strong buyer interest. LTC is now pushing above the lower consolidation zone, aiming for the $81.27 resistance. Volume around this area is tapering, which could lead to a breakout rally if bulls maintain control. Trade Idea: Aggressive Entry: On a confirmed 4H candle close above $81.27. Conservative Entry: Wait for a retest of $81.27 as support with bullish confirmation. Targets: $104.79 short-term, $116–$131 longer-term. Stop Loss: Below $75 support zone to manage risk. Outlook: If bulls manage to break and hold above $81.27, Litecoin could enter a mid-term rally toward the $100–$130 zone. However, failure to hold current levels might push price back to retest the demand zone. Let me know your thoughts – are you bullish or bearish on LTC this month? #Litecoin #LTCUSD #Crypto #Altcoins #TechnicalAnalysis #TradingView #SupplyAndDemand #LuxAlgo
Price was manipulated at 83974 warranting bearish momentum till 82,784.
RUNE is close to thr break of its trendline on weekly TF, I'll be looking for a breakout of trendline and will be opening my long position at the restest of the trendline support at 1.21. Placing my TP1 at 1.41, TP2 at 1.60 - 1.68, SL below the previous lows & liquidity sweeps at 1.09.
What a WILD ride the markets have been on since Nov 2024 but more specifically the last couple weeks All things considered GME has held up EXCEPTIONALLY well in what is an extremely uncertain and murky trading environment So what now? Now is the time to PREPARE and be sure you have a tight trading plan for what is most likely coming next: MOASS I highly advise you revisit the below videos: https://www.tradingview.com/chart/GME/LsF68zfW-WC-21-73-Target-1800-2400-MOASS-47k-100K-MOASS-PLAYBOOK/ https://www.tradingview.com/chart/GME/vxB4MpJn-MOASS-WC-26-90-Target-1800-2400-MOASS-47k-100K/ (listen to the piece on PROPER TRADING EXPECTATIONS) https://www.tradingview.com/x/yBkb5ATE/ https://www.tradingview.com/x/CbIyj4M1/ https://www.tradingview.com/x/ayi7cuaU/ https://www.tradingview.com/x/cTUJyCSy/ P.S. Looking for THE CAT to make an appearance next weekend GOOD TRADING TO YOU ALL!
Look8ng at the daily chart, price earlier created break of structure and pushed up to fill liquidity, which triggered sell afterwards based on the BOS. Looking at the USD DXY formation, it's time to buy short term as price hit demand zone on daily. Current demand zone would not hold much after a medium term because of equal low liquidity printed previously by the demand zone. Sometime in the week, price will trigger new bearish move which is bound to create a long term sell again breaking below previous demand zone to a new low.
If price breaks above TL with good volume, but trade is on the cards with 2x earning potential
EUR/USD Weekly Forecast – Bearish Breakdown from Rising Wedge Pattern ? Pair: EUR/USD Timeframe: 1W (Weekly) Pattern: Rising Wedge (Bearish Reversal) Published: April 12, 2025 By: Royalfxsignal ? Pattern Explanation: Rising Wedge Breakdown The EUR/USD pair has been forming a Rising Wedge, a technical chart pattern that typically signals a trend reversal or deeper correction. This wedge developed after a multi-month bullish recovery rally from late 2022 through 2024. A rising wedge is a bearish structure where: Both trendlines slope upward, but the upper trendline rises at a shallower angle, creating convergence. Momentum wanes as price compresses into the apex of the wedge. Eventually, price breaks down, triggering a bearish move, especially if the broader market context supports USD strength or EUR weakness. ? Market Psychology Behind the Pattern Accumulation & Optimism (Left side of the wedge): Bulls regain confidence, pushing prices up from prior lows. Euphoria & Exhaustion (Near the wedge top): Each new high becomes weaker, signaling buyer exhaustion. Distribution Phase (Late wedge): Smart money begins to sell as price approaches resistance, seen in failed breakouts and long wicks. Breakdown (Post-pattern): Bearish volume increases, and late bulls get trapped. This results in a sharp decline. ? Technical Breakdown of the Chart ? Resistance Zone (1.11–1.12): Price struggled to break above this horizontal level several times. Multiple rejections show institutional-level sell pressure in that zone. False breakouts reinforce the integrity of the level as a ceiling. ? Support Zone (1.06–1.07): Acted as a pivot in previous swing lows and inside the wedge. Once this zone was broken, it confirmed wedge breakdown and changed market structure. ? Current Breakdown: Price has decisively broken the lower wedge support with momentum. Price is now trading below the wedge, setting the stage for bearish continuation. Minor pullbacks (corrective waves) may form, potentially offering retest entries near 1.08. ? Trade Plan: Bearish Setup Parameter Level Entry Zone 1.08–1.11 (on retest) Stop Loss 1.06788 (above recent structure high) Take Profit 0.89396 (primary target) Extended TP 0.89528 – aligns with support zone and historical pivot Risk/Reward Ratio: Favorable, approx. 1:3 to 1:4 depending on entry. Timeframe Expectation: Medium- to long-term swing, potentially 3–6 months. ? Multi-Timeframe Confluence Weekly Chart: Clear wedge structure and breakdown. Daily Chart: Lower highs and failed bullish follow-through. Monthly Chart: EUR/USD still within long-term bearish macro trend. Dollar Index (DXY): Showing signs of strength, supporting the EUR/USD short bias. ?️ Risk Management & Considerations Always use a hard stop loss—false breakouts or macro news can invalidate the setup temporarily. Do not chase the market; wait for retests or price confirmation (bearish engulfing, rejection wicks). Stay informed on macroeconomic catalysts like ECB and Fed rate decisions or inflation data which can cause spikes or invalidate setups. ? Summary The EUR/USD weekly chart presents a high-probability bearish trade opportunity. A confirmed Rising Wedge breakdown, reinforced by repeated resistance rejection and market structure shift, provides a strong technical base for targeting lower levels. This trade aligns with broader macro sentiment and presents a favorable R:R profile. Traders should monitor any pullback toward 1.08–1.11 as a potential entry zone, with the breakdown targeting 0.89 over the coming months.