No doubt ? liquidity is telling us that we will start the week with short, for Scalpers sell opportunity for you for intraday it is time we wait In fx market the patient dog eats the fattest bone ?
Gold weekly forcast with both Buy and sell levels gold in an uptrend all week from last weeks buy level it ran 553 pips wit little to no drawdown. For this week we are looking at 2 levels for both buy and sell entries . For a buy ill look at entering at 3091 expecting 3098 to 3100 as first resistance , if we brreak we can expect 3112 as next resistance on the way to 3136. For a sell ill look at entering at 3076 expecting 3068 to 3066 as first support , if broke we can expect 3054 to 3050 as next support. With these trades its best to just wait for levels for a conformation and the bigger moves. last weeks buy are did not register until Thursday morning but when it hit there was no drawdown and closure at the high gave 533 pips. As always with these trades wait for levels and secure on the way by either taking profit or reducing lot size. Trade is based on support and resistance, trend lines and fibonacci levels from the higher time frame. Ill update as the week progresses , stay safe
This detailed technical analysis covers a Head & Shoulders pattern formation on the 4-hour chart of JPY/USD, highlighting a potential bearish reversal setup. The pattern suggests a shift from an uptrend to a downtrend, supported by a trendline breakdown and key resistance & support levels. 1️⃣ Understanding the Chart Pattern: Head & Shoulders (H&S) ? What is the Head & Shoulders Pattern? The Head & Shoulders (H&S) is a classic bearish reversal pattern that appears after a prolonged uptrend, signaling a shift in market sentiment from bullish to bearish. It consists of three main parts: Left Shoulder: A peak followed by a retracement. Head: A higher peak, indicating the last strong bullish attempt. Right Shoulder: A lower peak, failing to reach the height of the head, showing weakening momentum. Neckline: A crucial support level that connects the lows of the shoulders. A confirmed break below this neckline is the trigger for a bearish continuation. ? Breakdown of the Pattern in This Chart Left Shoulder (First Peak): The price made a high and then pulled back. Head (Higher Peak): The market made another higher high but failed to sustain it, indicating exhaustion. Right Shoulder (Lower Peak): A weaker attempt to push higher, but price failed to break previous highs, confirming the loss of bullish strength. Neckline Breakout: The dotted trendline shows the ascending support that was eventually broken, confirming bearish momentum. 2️⃣ Key Technical Levels & Market Structure Understanding the important levels in the market is crucial for setting up an effective trade. ? Resistance Zone (Supply Area) The resistance level, marked in a beige box, is located around 0.006800. Price was rejected multiple times from this zone, confirming strong selling pressure. The head of the pattern was formed in this region before a sharp drop. ? Support Level (Neckline & Demand Area) The neckline of the Head & Shoulders pattern was acting as support before being broken. This level was tested multiple times before the final breakdown. Once broken, it turned into a resistance level, meaning price may pull back to this area before continuing downward. ? Trendline Breakout (Bearish Confirmation) A dashed trendline was previously supporting the uptrend but was broken, confirming the bearish shift in market structure. This signals a trend reversal and a possible extended move lower. 3️⃣ Trading Strategy & Execution A well-planned entry, stop loss, and take-profit strategy is essential for managing risk effectively. ? Entry Strategy (Short Setup) Ideal Entry: Look for price to pull back to the neckline (previous support turned resistance). Confirmation: Watch for bearish candlestick patterns such as: Bearish engulfing Pin bar rejection Shooting star Lower highs forming near the neckline A rejection in this zone confirms seller dominance and a high-probability short setup. ? Stop Loss Placement The Stop Loss is placed above the right shoulder at 0.006725. This ensures protection from false breakouts or unexpected bullish moves. ? Profit Target Projection Take-Profit Target: The projected move suggests a target at 0.006493. This aligns with previous structural support, increasing its significance. The measured move for Head & Shoulders suggests that price could fall further after confirmation. Risk-Reward Ratio The Risk (Stop Loss): Around 50 pips. The Reward (Profit Target): Around 180 pips. This results in a Risk-Reward Ratio of approximately 1:3, making it an attractive trade. 4️⃣ Market Sentiment & Expected Price Movement ? Bearish Scenario (Most Likely) Price retests the neckline but fails to break above it. Sellers step in, rejecting the resistance level, leading to further downside. Price targets the next major support at 0.006493, completing the Head & Shoulders move. ? Bullish Scenario (Alternative) If price reclaims the neckline and moves back above 0.006725, the pattern is invalidated. This could lead to a bullish continuation back toward previous highs. In this case, traders should cut losses early and avoid forcing a short trade. 5️⃣ Risk Management & Best Practices 1️⃣ Position Sizing: Risk only 1-2% of your account per trade to maintain long-term profitability. 2️⃣ Confirmation Before Entry: Wait for price to reject the neckline resistance before entering short. Avoid entering too early without clear bearish signs. 3️⃣ Monitor News & Fundamentals: Major economic events, interest rate decisions, or central bank announcements could impact JPY/USD price action. ? Final Conclusion: Bearish Outlook on JPY/USD The Head & Shoulders breakdown signals a trend reversal from bullish to bearish. The neckline breakout confirms seller control over the market. The best short entry is on a pullback to previous support (now resistance). Target at 0.006493, with a Stop Loss at 0.006725 ensures controlled risk. ? Trading Bias: Bearish ? ? Watch for a retest & rejection before entering short.
#EOS The price is moving within a descending channel on the 1-hour frame and is expected to continue lower. We have a trend to stabilize below the 100 moving average once again. We have a downtrend on the RSI indicator, supporting the upward move with a breakout. We have a resistance area at the upper limit of the channel at 0.6118. Entry price: 0.6046 First target: 0.5921 Second target: 0.5710 Third target: 0.5480
Finally, the price broke the wedge, and the price experienced a significant drop. I think now is the time for POPCAT to rise again to 0.26 . STRONG SUPPORT 0.382=0.18. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.? _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and ?Follow?! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Key Observations: Support Zone: A crucial support level is marked below the broken channel, indicating a potential area for a price reversal. Bullish Projection: A breakout above this support level could push BTC higher towards the target price of 94,101.24 USD. Technical Patterns: The price initially showed a strong downtrend, followed by a recovery forming an ascending channel, and now a potential bullish breakout is expected. Trading Plan: Bullish Scenario: If BTC holds above the support level, a strong move upwards toward 94,101.24 USD could be expected. Bearish Scenario: A failure to hold support could result in further downside toward lower key levels. Conclusion: Traders might look for buying opportunities near the support zone with a potential upside target of 94,101.24 USD while managing risk in case of further breakdown. Would you like to refine this further or add specific indicators? ?
? Welcome to TradeCity Pro! Let's dive into the analysis of Bitcoin and key crypto indices. As usual, in this analysis, I will review the futures session triggers for the New York market. ⌛️ 1-Hour Timeframe In the 1-hour timeframe, as you can see, yesterday the price made a pullback and a correction, briefly moving above the SMA 25, but now it has dropped back below this level. ? This correction has reinforced the 82,302 level as a stronger support, making a break below this area even more significant. ? If 82,302 breaks, I strongly recommend having a short position, as breaking this level could initiate the next bearish leg. ? For a long position, our current trigger is 83,808, but this is a risky trigger, and I believe it's better to wait for the market to establish a new structure. ? BTC.D Analysis Now, let’s analyze Bitcoin dominance. The dominance remains bullish and is currently stabilizing above 62.30. ✔️ If this level holds, the next resistance will be 62.66, and dominance could initiate another bullish leg toward this zone. ? For a bearish move, we need to wait for the ascending trendline to break and then confirm the downtrend with Dow Theory before considering short positions. https://www.tradingview.com/x/yMKgnzeg/ ? Total2 Analysis Moving on to Total2, yesterday the price closed below 1.01, and now it has pulled back to retest this level. It seems ready to initiate the next bearish leg. ? For a short position, breaking 0.984 remains the key trigger. If this level breaks, you can enter a position. ? For a long position, we need to wait until the strong bearish momentum fades and buyers start entering the market. https://www.tradingview.com/x/yKD2hukM/ ? USDT.D Analysis Now, let’s analyze USDT dominance. As you can see, dominance has completed a bullish leg, followed by a slight correction, and now it has regained bullish momentum and is moving upward again. ? For further upside, breaking 5.49 is the key trigger to enter a long position. ⚡️ For a bearish move, we need to wait for a new bearish structure to form before considering short positions. https://www.tradingview.com/x/HuvfdbAy/ ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
1. Overview of the Chart This chart represents Silver (XAG/USD) on the 4-hour timeframe from the OANDA exchange. The price action has formed a Rising Wedge pattern, which is a classic bearish reversal formation. This suggests that a potential breakdown could lead to a significant decline in price. 2. Chart Pattern: Rising Wedge Formation A Rising Wedge consists of a narrowing price range with higher highs and higher lows, but the slope of the support line (bottom trendline) is steeper than the resistance line (top trendline). This signals weakening bullish momentum, as buyers are struggling to push the price higher, and sellers are stepping in. Rising Wedges typically break downward due to the loss of buying strength. 3. Key Technical Levels and Market Structure A. Resistance Level (Highlighted in Beige Box - $34.50 to $34.80) This zone has acted as a supply area, where price struggles to break higher. The price touched this level multiple times, failing to hold above it, which increases the probability of a reversal. B. Support Level (Highlighted in Blue Box - Around $33.50) This is a critical short-term support where buyers previously stepped in. A break below this zone would indicate a confirmation of the wedge breakdown and further downside potential. C. Stop Loss Level (Marked at $34.80) Placed above the resistance zone, ensuring protection if price invalidates the pattern and moves higher instead. This aligns with a logical risk-management strategy to minimize losses if the setup fails. D. Bearish Breakdown Projection & Target (Marked at $30.46) The projected target aligns with previous structure support, meaning price may find buyers around this level. This level is determined by measuring the height of the wedge and projecting it downward from the breakout point. 4. Trading Strategy & Execution Plan ? Short (Sell) Trade Setup: Entry: Enter a short position once price breaks below the lower trendline of the wedge with strong bearish momentum (e.g., a big red candle closing below support). A possible retest of the broken support could provide a second entry opportunity. Stop Loss: Set at $34.80, above resistance, to ensure the trade is protected against invalidation. Take Profit (Target): First target: $32.50 (psychological level and minor support). Final target: $30.46 (major support and full pattern breakdown projection). 5. Market Psychology & Confirmation Signals Why This Setup is Bearish? Price action shows higher highs but with decreasing strength, signaling bull exhaustion. The Rising Wedge is a well-known bearish structure, and its breakdown typically leads to a strong sell-off. Volume confirmation: If the breakdown happens with high volume, it strengthens the bearish case. What to Watch For? A decisive bearish candle closing below the wedge support confirms the short setup. If price retests the broken trendline and fails to reclaim it, it provides a second opportunity for entry. Avoid entering if price consolidates near resistance instead of breaking down. 6. Conclusion: Bearish Bias & Trading Edge The Rising Wedge formation suggests that Silver is losing bullish momentum and could break down. Key levels and structure provide a well-defined trade setup, ensuring a good risk-to-reward ratio. Traders should wait for a confirmed breakdown before entering a short position. ? Bearish Outlook – Price likely to drop toward $30.46 target ⚠️ Risk Management is crucial – Stop Loss at $34.80 ? Breakdown confirmation needed before entering short positions Would you like me to refine any part or add more insights? ?
https://www.tradingview.com/x/XXtBb3B0/ QQQ - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy QQQ Entry Level - 468.97 Sl - 457.71 Tp - 491.73 Our Risk - 1% Start protection of your profits from lower levels Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
https://www.tradingview.com/x/tRT8Y4QM/ My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.9004 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9043 My Stop Loss - 0.8981 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK