After seeing the price action of monday to wednesday, it gave a hint as to what to expect for today. Since i was expecting a consolidation reversal week i knew then that thursday will sweep monday to wednesday and do a reversal for today. Combining it with my multi timeframe analysis from daily to 1H with my entry in the 5m timeframe, i was able to capture this 1:7R trade for today... For tomorrow my expectation would be an expansion friday candle going down targeting the daily +FVG to complete the ERL to IRL scenario...
EURGBP POTENTIAL SHORT Q2 W14 Y25 THURSDAY 3RD APRIL 2025 Thank you Mr Trump for sending the majority of pairs loopy! We are now faced with exponential and over extending price action. It really is a time to sit patiently. Allow the market to settle and take shape. In an ideal world, this outlook is exactly how we managed our capital as professional risk managers. We say it continuously, our role is to managed capital by way of risk expose. A super by product of managing that risk is making returns. It's a strange concept, yes. " what do you mean our main aim is not to make money" More on that note another time. If it resonates, let it continue to do so. A potential set up. How do you like the plan? FRGNT X
Hey! Have you ever wondered why 100 feels... special? ? Round numbers are like hidden magnets in the market. 100. 500. 1,000. They feel complete. They stand out. They grab our attention and make us pause. In financial markets, these are the levels where price often slows down, stalls, or makes a surprising turn. I’ll admit, once I confused the market with real life. I hoped a round number would cause a reversal in any situation. Like when I stepped on the scale and saw a clean 100 staring back at me, a level often known as strong resistance. I waited for a bounce, a sudden reversal... but nothing. The market reacts. My body? Not so much. ?♂️ The market reacts. But why? What makes these numbers so powerful? The answer lies in our minds, in market dynamics, and in our human tendency to crave simplicity. ------------------------------------- Psychology: Why our brain loves round numbers The human mind is designed to create structure. Round numbers are like lighthouses in the chaos — simple, memorable, and logical. If someone asks how much your sofa cost, you’re more likely to say "a grand" than "963.40 dollars." That’s normal. It’s your brain seeking clarity with minimal effort. In financial markets, round numbers become key reference points. Traders, investors, even algorithms gravitate toward them. If enough people believe 100 is important, they start acting around that level — buying, selling, waiting. That belief becomes reality, whether it's rational or not. We anchor decisions to familiar numbers because they feel safe, clean, and "right." https://www.tradingview.com/x/G0c3feJz/ Walmart (WMT) and the $100 mark Round numbers also carry emotional weight. 100 feels like a milestone, a finish line. It’s not just a number, it’s both an ending and a beginning. ------------------------------------- Round numbers in the market: Resistance and support Round number as a resistance Imagine a stock climbing steadily: 85, 92, 98... and then it hits 100. Suddenly, it stalls. Why? Investors who bought earlier see 100 as a "perfect" profit point. "A hundred bucks. Time to sell." Many pre-set sell orders are already waiting. Most people don’t place orders at $96.73. They aim for 100. A strong and symbolic. At the same time, speculators and short sellers may step in, viewing 100 as too high. This creates pressure, slowing the rally or pushing the price back down. If a stock begins its journey at, say, $35, the next key round levels for me are: 50, 100, 150, 200, 500, 1,000, 2,000, 5,000, 10,000… https://www.tradingview.com/x/SCkHhwea/ Slide from my training materials These levels have proven themselves again and again — often causing sideways movement or corrections. When I recently reviewed the entire S&P 500 list, for example $200 showed up consistently as a resistance point. It’s pure psychology. Round numbers feel "high" — and it's often the perfect moment to lock in profits and reallocate capital. Bitcoin at $100,000. Netflix at $1,000. Tesla at $500. Walmart at $100. Palantir at $100. These are just a few recent examples. Round number support: A lifeline for buyers The same logic works in reverse. When price falls through 130, 115, 105... and lands near 100, buyers often step in. "100 looks like a good entry," they say. It feels like solid ground after a drop. We love comeback stories. Phoenix moments. Underdogs rising. Buy orders stack up and the price drop pauses. Some examples: https://www.tradingview.com/x/woNnVZqe/ Meta Platforms (META) https://www.tradingview.com/x/vFD25jLx/ Amazon.com (AMZN) — $100 acted as resistance for years, then became support after a breakout https://www.tradingview.com/x/VEbm27SJ/ Tesla (TSLA) ------------------------------------- Why round numbers work for both buyers and sellers Buyers and the illusion of a bargain If a stock falls from 137 to 110 and approaches 100, buyers feel like it’s hit bottom. Psychologically, 100 feels cheap and safe. Even if the company’s fundamentals haven’t changed, 100 just "feels right." It’s like seeing a price tag of $9.99 — our brain rounds it down and feels like we got an epic deal. Sellers and the "perfect" exit When a stock rises from 180 to 195 and nears 200, many sellers place orders right at 200. "That’s a nice round number, I’ll exit there." There’s emotional satisfaction. The gain feels cleaner, more meaningful, when it ends on a round note. To be fair, I always suggest not waiting for an exact level like 200. If your stock moved through 145 > 165 > 185, don’t expect perfection. Leave room. A $190 target zone makes more sense. Often, greed kills profit before it can be realized. Don’t squeeze the lemon dry. Example: My Tesla analysis on TradingView with a $500 target — TESLA: Money On Your Screen 2.0 | Lock in Fully… Before & After: As you see there, the zone is important, not the exact number. ------------------------------------- Round numbers in breakout trades When price reaches a round number, the market often enters a kind of standoff. Buyers and sellers hesitate. The price moves sideways, say between 90 and 110. Psychologically, it’s a zone of indecision. The number is too important to ignore, but the direction isn’t clear until news or momentum pushes it. When the direction is up and the market breaks above a key level, round numbers work brilliantly for breakout trades or strength-based entries. https://www.tradingview.com/x/XPUHvXWk/ Slide from my training materials People are willing to pay more once they see the price break through a familiar barrier. FOMO kicks in. Those who sold earlier feel regret and jump back in. And just like that, momentum builds again — until the next round-number milestone. https://www.tradingview.com/x/jqwsbTFB/ Berkshire Hathaway (BRK.B) — every round number so far has caused mild corrections or sideways action. I’d think $500 won’t be any different. ------------------------------------- Conclusion: Simplicity rules the market Round numbers aren’t magic. They work because we, the people, make the market. We love simplicity, patterns, and emotional anchors. These price levels are where the market breathes, pauses, thinks, and decides. When you learn to recognize them, you gain an edge — not because the numbers do something, but because crowds do. A round number alone is never a reason to act. If a stock drops to 100, it doesn’t mean it’s time to buy. No single number works in isolation. You need a strategy — a set of supporting criteria that together increase the odds. Round numbers are powerful psychological levels, but the real advantage appears when they align with structure and signals. Keep round numbers on your radar. They’re the market’s psychological mirror, and just like us, the market loves beautiful numbers. If this article made you see price behavior differently, or gave you something to think about, feel free to share it. ? So, that's it! A brief overview and hopefully, you found this informative. If this article made you see price behavior differently, or gave you something to think about, feel free to share it & leave a comment with your thoughts! Before you leave - Like & Boost if you find this useful! ? Trade smart, Vaido
Optimal level to enter sell is 3145-3152 but a small zone at 3110-3117 can bounce the price back down. Still i would prefer 3145 zone for entry. TP levels highlighted. Apply risk management and enjoy trading with me
dont worry. EurUsd will reject and will maintain uts traingle things. and up to that its very easy to trade
The 1-hour moving average of gold has begun to turn downward, and gold bulls have suffered heavy losses. After gold rebounds and repairs, we can only continue to short. The support below the range of gold 1 hour ago was 3110, and now it has fallen below. Then gold 3110 has formed an effective suppression in the short term. https://www.tradingview.com/x/gyKQ7gqY/ Trading idea: short gold near 3110, sl: 3120, tp: 3090 The above is purely a sharing of personal views and does not constitute trading advice. Investments are risky and you are responsible for your profits and losses.
1- Price is in a strong down trend. 2- Looks like pullback is happening right now. 3- Hidden Divergence. 4- Expected continuation to the downside after pullback from 38.2% - 61.8% Fibo. retracement
Gold technical analysis: Gold rose and fell in the early trading, and the price rose to 3167 at the highest, but then the price fell and gave up all the gains, and fell to 3116 at the lowest. The daily line just touched the 5-day moving average support. As long as the 5-day moving average support is not broken, the short-term will continue to rise strongly. According to this momentum, we will see 3200 points on Friday's non-agricultural data tomorrow. However, one point worth noting is that the 4-hour MACD indicator has a dead cross signal. In addition, today's high and fall of gold, the K line has formed a combination of Yin and Yang, suggesting that the risk of high-level selling pressure is increasing. Once it falls below the key position of 3100 below, the market will be completely controlled by the bears. So far, there has been a sharp decline, and the impact of the news is more of a roller coaster up and down wide fluctuation. The daily and monthly lines are currently under pressure on the upper track, so be careful with bulls; From the current 1-hour chart: According to the general rule, there is a certain probability of a drop, and the lower watershed is still 3100. Only when it falls below this position can it be expected to gradually turn to short. At the same time, the current volatility is very large, and any fluctuation starts at ten points. It is recommended to reduce the position to trade; the current long structure of gold has not changed, and the key support long-short watershed below is still 3100. Above 3100, the strong bullish idea remains unchanged. Short-term operations rely on 3100 for defense, and enter the market near 3116 and gradually look up. Focus on the strength of the European session. If the European session rebounds and does not break the high, then short the US session at highs, and pay attention to the resistance of the 3148-50 area above. On the whole, today's short-term focus of gold in the short term is 3148-3150 resistance, and the short-term focus of the short-term focus on the 3100-3110 support. Gold operation strategy reference: Strategy 1: Short sell (buy decline) in batches when gold rebounds to around 3148-3150, target around 3135-3125, and look at 3115 if it breaks; Strategy 2: Long sell (buy rise) in batches when gold pulls back to around 3115-3118, target around 3130-3140, and look at 3150 if it breaks;
M15 - Strong bullish momentum No opposite signs Expecting retraces and further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE ?, FOLLOW ✅, SHARE ?, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! ? -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
We can see a small uptrend forming on the 1 hour timeframe. Let's see how the price reacts around the trendline and the marked are of support and resistance. Potential buys if we get a rejection from both the trendline and marked area of support/resistance. Alternatively, if the price breaks through the area of support and resistance and the trendline, we can wait for a break and retest for potential sells. DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.