1/ The last quarter of 2022 printed an Engulfing Bull Candle before price went into a 28 month Range. 2/ The Range Low has recently been 'swept' by January 2025's low, while at the same time respecting the afore mentioned '22 final quarter 50% level and breaking out of the (almost 20 year old) decending Channel. 3/ I believe price is about to Break Out Long from the 2 year Range and target the quartly Fair Value Gap at 1.3 - 1.35.
- AMD reversed from resistance zone - Likely to fall to support level 80.00 AMD today recently reversed down from the resistance zone between the resistance level 95.40 (former support from the start of March, as can be seen below) and the 50% Fibonacci correction of the downer impulse wave from iii from last month. The downward reversal from this resistance zone stopped the earlier short term correction ii. Given the strong daily downtrend, AMD can be expected to fall to the next round support level 80.00, which stopped the earlier impulse wave (iii).
Gold has been on a massive bullish run, but are we about to see a strong rejection from supply? Let’s break it down! ? ? Price Action: Gold has tapped into a key supply zone (? Blue Area) near $3,175, which previously led to sharp sell-offs. ? Liquidity Grab? Smart money often pushes price above key levels to trap retail traders before a reversal. ? Key Levels to Watch: ✅ 3,143 - 3,175 (Supply Zone) - Possible rejection! ✅ 3,067 - First major support below. ✅ 2,990 - Final demand zone (? Orange Area). ? Bearish Scenario: If we see strong rejection from supply, expect a drop to 3,067 first, then possibly 2,990. ✅ Bullish Continuation? If gold breaks above 3,180, the next major target is 3,200+. ? What’s Your Bias? Will gold dump from here, or will bulls keep pushing? Let me know in the comments! ?? #forex #gold #xauusd #scalping #supplydemand #priceaction #trading This format should help maximize views by using: ✅ Engaging hooks & emojis ✅ Clear levels with explanations ✅ Interactive questions Would you like me to tweak anything before you post it? ? You said: add more details ? XAU/USD - High Probability Sell Setup? ? ? Gold has been on a powerful bullish run, but is it time for a major reversal? Let's break it down! ? Key Analysis: ? Recent Price Action: ✅ Gold rallied aggressively from the $2,990 demand zone (? Orange Box) after liquidity was grabbed. ✅ The price is now inside a strong supply zone at $3,143 - $3,175 (? Blue Box). ✅ This level has historically triggered sharp sell-offs—will history repeat itself? ? Smart Money Perspective: ? Liquidity Trap? Price has pushed above previous highs, likely hunting stop losses before a reversal. ? Institutional Orders? Banks & smart money tend to sell into retail buying pressure at key zones. ? Critical Levels: ? Supply Zone (Sell Area): $3,143 - $3,175 ? First Support Target: $3,067 (Key liquidity level) ? Main Demand Zone: $2,990 - $2,991 (Major buy zone) ? Trade Setup: Possible Short Opportunity! ? Bearish Case (Sell Bias): ❌ If price fails to hold above $3,175, we could see a sharp drop to $3,067. ❌ Break below $3,067? Then gold might test $2,990 - $2,991 for the next big bounce. ? Bullish Case (Invalidation Level): ✅ If gold breaks & holds above $3,180, expect a continuation rally toward $3,200+ and beyond. ? What’s Next? ? Will gold break down from this supply zone, or will bulls keep pushing? ? Drop your thoughts below! Are you SELLING from here, or do you expect a new high? ?? ? Like & Follow for More XAU/USD Setups! ?? #forex #gold #xauusd #scalping #supplydemand #liquidity #smartmoney #trading #priceaction
- Gold broke key resistance level 3150.00 - Likely to rise to resistance level 3200.00 Gold today broke above the key resistance level 3150.00 (which stopped the previous impulse wave I at the start of April, as can be seen below). The breakout of the resistance level 3150.00 accelerated the active intermediate impulse wave (3) from last November. Given the overriding daily uptrend, Gold can be expected to rise to the next resistance level 3200.00, which is the forecast price for the completion of the active impulse wave (3).
As I was scrolling through many many charts, I realized its very difficult these days to find a stock that trades on its own accord, without copying the (very volatile) path of the overall market. But I managed to find one which showed almost no correlation to the recent frenzy - NYSE:AGL Fundamentals The underlying fundamentals of NYSE:AGL are difficul t to say the least, though getting better - hence the recent bump in the share price on the back of a few upgrades from analysts With a P/S of 0.4 we can confidently say the valuation is low, but we can't really blame the investors for taking the share price down - despite an amazing growth rate (from 4.3bn in 2023 to 6bn in 2024), the firm is unable to keep its costs and cash position in check With 6bn in revenue , the firm wasn't able to turn a positive gross profit(!) So, I wouldn't look at it yet as a long-term play, though if the firm can put its finances in order, it could be a large player in the definitely-not-getting-smaller space of senior healthcare But the short-term momentum is intruiging Technicals First thing to note is that fascinating bifurcation from the broader market (see the relative strength indicator on the weekly); NYSE:AGL was nicely treading 6% higher today while AMEX:SPY was bleeding 7% - I appreciate stocks like that during these volatile days Plus,it has momentum - a couple of upgrade sent the stock surging and there is a gap to fill, which I would like to take advantage off Other than that, it doesn't really scream buy, so I am not going to sell it as a high-conviction play (no usual accumulation patterns :/) - I am currently looking at it as a diversification play with a momentum tailwind Trade I bought it on the recent pop higher and plan to hold until it breaks the little bottom it created after it surged (red line) I don't plan to marry the stock for longer, I will give it one chance and if it breaks, then I retreat - potential holding time is about a month , or about 5 U-turns in the US tariff policy The stock can be still entered with the same stop/loss but a slightly worse risk/reward Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
- NZDUSD reversed from support zone - Likely to rise to resistance level 0.5820 NZDUSD currency pair recently reversed from the support zone between the key support level 0.5530 (which has been reversing the price from January) and the lower daily Bollinger Band. The upward reversal from the support level 0.5530 created the daily Japanese candlesticks reversal pattern Morning Star Doji. Given the strongly bearish US dollar sentiment, NZDUSD currency pair can be expected to rise to the next resistance level 0.5820.
- USDCHF broke support zone - Likely to fall to support level 0.8200 USDCHF currency pair recently broke the support zone between the key support level 0.8400 (which reversed the price multiple times in August and September) and the support trendline of the daily down channel from February. The breakout of this support zone accelerated the active intermediate impulse wave (3). USDCHF currency pair can be expected to fall to the next support level 0.8200, which is the target price for the completion of the active impulse wave (3).
The price of Onyxcoin ( SEED_DONKEYDAN_MARKET_CAP:XCN ) saw a noteworthy uptick in price today- surging nearly 80% amidst crypto market dip becoming the top performing altcoin today. The price of Bitcoin ( CRYPTOCAP:BTC ) loses the $80k Support reverting to the $70k Zone, so as its compatriot Ethereum ( CRYPTOCAP:ETH ) dipping to the $1500 price zone. As of the time of writing, SEED_DONKEYDAN_MARKET_CAP:XCN is up 35%. The 4-hour price chart depicts a bullish symmetrical triangle with the ceiling already broken prior the 70% surge. The pattern is already in place, should a bullish momentum be exerted on the altcoin, we might see a 350% surge to recent highs before consolidation. What Is Onyxcoin (XCN)? Onyx is a web3 blockchain infrastructure that enables organizations to build better financial services from the ground up. Onyxcoin is the protocol’s governance and utility token which governs the network through the Ethereum blockchain. Onyxcoin Price Live Data The live Onyxcoin price today is $0.016685 USD with a 24-hour trading volume of $405,536,117 USD. Onyxcoin is up 61.70% in the last 24 hours. The current CoinMarketCap ranking is #95, with a live market cap of $543,817,218 USD. It has a circulating supply of 32,592,684,478 XCN coins and a max. supply of 48,402,437,326 XCN coins.
We have a ascending triangle on the M15 timeframe and we have broken structure on the M2 timeframe. We are in a pullback phase on the M2 chart. we will see the bull run soon.
Hello friends In the GBPCAD currency pair, we are witnessing the formation of a 5-wave pattern or a zigzag. Our hypothesis is the formation of a 5-wave pattern. Waves 1 to 4 have formed. It is currently in the support range. This support range is formed by the collision of static and dynamic supports, which is relatively reliable, and the price has also corrected by 61.8% Fibonacci. Now we expect the price to grow, and the limits of wave 5 are indicated in the figure. The first target is 1.8800 and the second target is 1.9200. The third target is far from expected, but not impossible. Also consider the stop loss below wave 1. Be successful and profitable.