1. Symmetrical Triangle Formation Price was compressing inside a symmetrical triangle, with a series of lower highs and higher lows, indicating indecision and buildup of pressure. 2. Downside Fake-out (False Breakout) Price briefly broke below the lower trendline, suggesting a potential bearish breakout. However, there was no strong follow-through; instead, price quickly reclaimed the trendline and pushed back inside the structure. This is a classic fake-out, often trapping late sellers and providing liquidity for buyers. The rejection from the lows resulted in a long wick, signalling strong buying interest and failure to break down. 3. Aggressive Bullish Reaction After reclaiming the triangle support, price moved rapidly back to the top of the triangle. The next key move was a strong breakout above the upper trendline, confirming bullish intent. 4. Break and Retest Price action followed through with a clean breakout above resistance, followed by a minor pullback and retest of the broken trendline, which held as support. This retest offered a textbook entry point based on price action principles. 5. Bullish Structure Confirmation Post breakout, price formed a higher low and continued to make a higher high, confirming a trend shift. This structural change strengthens the bullish outlook. 6. Entry Plan • Entry: On the retest of the upper triangle line (around 18,580–18,600). • Stop-Loss: Below the fake-out low (around 18,400), where buyers previously defended strongly. • Target: Prior high zone near 18,920–18,950.
Key important level holding 18k after important catalyst 90 days tariffs pause. Looking this levels, for a major move in next weeks
Great way to end the week trading. I go over this amazing setup and it is the same one as yesterday!
Our previous four analysis has yielded a substantial gain of over 4,000 pips. Analysing the current market situation, we anticipate that the price may either experience a significant drop or continue its upward trajectory. Should a resolution be achieved between the trade tariffs imposed by China and the United States, we anticipate a substantial decline in gold prices. Conversely, if the situation remains unchanged, which is the more probable outcome at present, we will have two potential trading opportunities. The first entry involves the assumption that the price will remain unchanged and continue its upward trend. The second entry is contingent upon a correction in the price. We extend our best wishes and express our gratitude for your unwavering support throughout our endeavours. We sincerely hope that this analysis will serve as a valuable guide for your own trading endeavours. Much Love Team Setupsfx_
ORCA is currently testing a resistance zone at 2.940 USDT, an area where selling pressure has historically emerged. Price action indicates a potential rejection, setting up a possible short trade targeting lower support levels. ? Futures Trading Levels: Entry Zone: 2.920 - 2.940 – short positions could be considered upon confirmation of rejection. Stop-Loss: 3.075 – placed above resistance to limit risk exposure. Take-Profit Targets: First TP: 2.79 Second TP: 2.665 Third TP: 2.51 This structure aligns with futures trading principles while maintaining risk management. Let me know if you’d like further refinements! ??
Currently, gold prices are showing a clear bearish trend, previously fluctuating around $3240. Based on market predictions, there is a potential for further downward movement in gold. A short position was suggested around the $3240 level, and as the market corrected, gold prices have indeed dropped, allowing short-positioned investors to lock in profits. Congratulations to those who successfully capitalized on this short opportunity and secured gains. Stay alert to market developments and carefully adjust your stop-profit levels to ensure the stability of your returns.
I don't think there will be enough demand before new lows come. * The purpose of my graphic drawings is purely educational. * What i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money.
BINANCE:SOLUSDT bounced perfectly from the 0.618 Fib level and is now testing resistance. A small dip back to support is possible, but if $110 holds, we could see a strong move toward $150. Compared to other altcoins, SOLUSDT is showing real strength. Once the tariff noise clears, this could be one of the top performers. Always manage risk and set your stop loss! BINANCE:SOLUSDT Currently trading at $118 Buy level: Above $112.5 Stop loss: Below $100 Target : $150 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Despite the bearishness on the lower timeframes, Dow is neutral on the ultimate long term chart, the 1M (RSI = 51.044, MACD = 1991.530, ADX = 44.038) and that is due to the fact it almost touched its 1M MA50. This neutral technical setting is a great reset for the Channel Up and stands as the most ideal long term buy entry and was tested before on all 4 major market bottoms (September 2022, March 2020, January 2016, October 2011). In all incidents it set in motion the new Bull Cycle, technically the bullish wave of the Channel Up. The most common price increase is +70% and along those lines, we anticipate Dow to hit 60,000 by the end of 2027. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
GME is unpredictable and in question of minutes all the resistances or even support can be destroy. This is the game. However, and although I know that technical indicators with GME use to be useless, is also true, that right now, there are massive resistance ahead with the 50 and the 200MMA. It is only a question of time. I don´t know how much time... We could see 13$ again... or we can see a pump coming. The reality is that until 34.5$ is not broken on the monthly, the continuation and the confirmation of an uptrend has to be waited. No problem. We have time.