FX:USDJPY - 4H Update ? If you've traded USDJPY in recent years, you're no stranger to the significance of the 150.00 zone. This level has historically acted as a critical resistance and psychological barrier. Now, the pair is trading below this key level and has also broken the ascending channel support on the daily timeframe, signaling that bulls are likely out of the game. The recent drop to 147.00 and bounce toward 151.00 could be setting up the next short opportunity. https://www.tradingview.com/x/QFwc5kmX/ ? What to watch for: A liquidity grab above the 151.50–152.00 zone could occur before the next fall. This aligns with institutional behavior, hunting stops before continuing the trend. We're now in a sell-the-rally phase, watching for confirmations around the red zone. Remember, I previously signaled a short from the 157 zone, which played out beautifully. We’re now gearing up for the next big short, and this setup might just be it. https://www.tradingview.com/chart/USDJPY/K8KwEV9q-USDJPY-4H-Short-Opportunities-Amid-Downtrend/ ? Stay cautious, wait for price action signals, and trust the structure. ? If you’ve missed previous entries, don’t miss what’s coming next! ? Follow for real-time updates and live trade ideas!
The USD/CAD is sitting at a critical support level in its rectangular trading range. The VRVP (Volume-Weighted Average Price) shows strong institutional interest right here, and the COT reports suggest leveraged traders aren't aggressively buying USD. This points to a potential bounce or consolidation zone. The daily chart and hourly timeframe are both showing similar signs - we're at a key support where smart money seems to be positioning themselves. It's a classic setup where the market is potentially setting up for a move, but waiting for a clear catalyst. The key is watching how price respects this support level and looking for confirmation of either a bounce or a breakdown. i would want to see a solid rejection of these lower prices or a clean break below. if not the range will confirm for now
Lets Buy to enjoy better RRR..Don't Struggle with a Simple Profit.ENJOY!!
? Key Observations: ? Ascending Triangle Breakout: ? Price was consolidating in an ascending triangle (?) and has broken out above resistance. ? Bullish momentum is in play. ? All-Time High (ATH) Resistance Zone: ? Resistance Area (?) is where price has struggled before. ?? Rejection signs at this level indicate a possible pullback. ? Fair Value Gap (FVG) Retest: ? Price may pull back into the Fair Value Gap (FVG) (?) before moving higher. ? This zone ($3,030 - $3,040) could act as a buying area. ? Target Point at $3,080: ? Main target for bulls is $3,080 (?). ? Price could retest the ATH zone before a push ? Dynamic Support (DEMA 9): ? DEMA 9 (?) at $3,052.80 is acting as support. ? Expected Price Action: ⚫ Scenario 1 (Bullish) ? ➡️ Pullback into FVG zone (?) → Buyers step in → Move toward $3,080 ? ⚫ Scenario 2 (Bearish) ? ❌ If price breaks below FVG → Further downside risk ✅ Conclusion: ? Bullish bias remains strong unless price falls below FVG. ? Traders may look for entries in the FVG zone for a move to $3,080 ?. ?? Gold could be setting up for another push!
Gold ( OANDA:XAUUSD ) has succeeded in creating a New All-Time High(ATH) as I expected in my previous post . Now, the question is whether Gold can continue its upward trend. Gold is currently moving in the Resistance zone($3,058-$3,045) . The upper and lower lines of the Bollinger Bands indicator also play the role of resistance and support well on the 1-hour time frame . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks( Bollinger Bands indicator and Price ). Educational Note : A divergence forms when the price chart and the indicator behave in contrast to each other. Divergence sell signals mostly form at the end of an upward trend, where the price chart forms a peak above the Bollinger upper band and another peak after, below the upper band. These signals are considered negative Regular Divergences(RD-) , hinting at a potential market reversal and a downward trend. In terms of Elliott Wave theory , I think the main wave 4 is NOT yet complete, and we can expect another corrective wave . I expect Gold to bearish trend in the coming hours and drop to at least $3,036 , with the next target being an attack on the Support zone($3,032-$3,021 ) . Note: If Gold goes above $3068.29, we should expect more Pumps. Gold Analyze ( XAUUSD ), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button ?? & Share it with your friends; thanks, and Trade safe.
Platinum is setting up for a breakout above $1,010, with chart patterns pointing to a target near $1,092 and a potential 6x risk-reward ratio. While other metals have already moved, platinum could offer a strong short-term trade if the breakout triggers. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
Hello traders, Hope you’re doing well in this choppy market. I initially expected a squeeze after rebounding from the 5500 area, but that didn’t happen. Instead, the 200 SMA acted as resistance, forming a bear flag over the last few trading days. I expect a break below the bear flag support line, leading to a move toward the 5100 area. I’m not trading SPY directly, but since most stocks follow SPY these days, I wanted to share my outlook. Buying UVXY could be a good option. May the trend be with you. AP
Price sweep alt and close below 3052 in 15M SO i enter my sell sl above atl and my tp is 3040 good luck
GALA/USDTPERP Binance 1m hollows Open profits to current position
? NIFTY Trading Plan – 28-Mar-2025 ? Market Overview: Nifty closed at 23,601, consolidating within a No Trade Zone after a strong uptrend. The market is at a critical juncture, and the price action at key levels will determine the next directional move. This plan provides clear trade setups for different opening scenarios and helps you navigate market volatility with a structured approach. ? Scenario 1: Gap-Up Opening (100+ points above 23,700) A gap-up opening above 23,700 will push Nifty closer to the Last Intraday Resistance Zone (23,772). The key factor will be whether Nifty sustains above resistance or faces rejection. ✅ Plan of Action: If Nifty sustains above 23,772, it can move towards the next resistance at 23,931. A breakout above 23,931 could trigger a rally towards 24,000+, but watch for profit booking at higher levels. If price faces rejection at 23,772 and reverses, expect a pullback towards 23,650 → 23,600. A strong rejection here could lead to an intraday sell-off. Avoid fresh longs inside 23,700 – 23,772, as this area may act as a profit-booking zone. Wait for confirmation before taking trades. ? Pro Tip: If the gap-up is quickly filled within the first 15 minutes, it signals weak buying strength and increases the probability of an intraday correction. ⚖ Scenario 2: Flat Opening (Within ±100 points, around 23,600) A flat opening suggests indecision among traders, and the market will likely take direction after the first few candles. The best strategy is to trade breakouts or breakdowns from key levels. ✅ Plan of Action: Upside case: If Nifty breaks and sustains above 23,650, it may head towards 23,700 → 23,772. Observe the price action near resistance before taking fresh longs. Downside case: If Nifty breaks below 23,520, it could test 23,450 → 23,300. A breakdown below 23,300 will turn the trend bearish. Sideways caution: If Nifty remains inside the No Trade Zone (23,451 – 23,642), avoid taking trades as volatility could trap both buyers and sellers. ? Pro Tip: In a flat opening scenario, wait for a clear 15-minute candle close above or below key levels before entering trades. ? Scenario 3: Gap-Down Opening (100+ points below 23,500) A gap-down below 23,500 could indicate profit booking or fresh selling pressure. The critical factor will be whether buyers defend key support zones. ✅ Plan of Action: If price sustains below 23,500, expect a decline towards 23,300. A breakdown below 23,300 may accelerate selling towards the Buyer’s Support Zone (23,136 – 23,300). If price finds support at 23,300 and rebounds, it may attempt a recovery towards 23,450 → 23,520. A strong close above 23,520 could shift momentum back to the bulls. Be cautious of bear traps – If the market gaps down but quickly recovers, it could trigger short covering, leading to an upside reversal. ? Pro Tip: If the gap-down occurs near a strong buyer’s support zone, wait for a bullish price action confirmation before entering long trades. ⚠️ Risk Management Tips for Options Traders ? Avoid over-leveraging – Use proper position sizing to manage risk. ? Theta Decay Awareness – If the market consolidates, option premiums will erode rapidly. ? Use Spreads for Protection – Instead of naked options, use spreads to limit risk and improve probability. ? Trade at Key Levels – Avoid impulsive trades; focus on defined support and resistance zones. ? Summary & Conclusion ? Key Levels to Watch: ? Resistance: 23,772 → 23,931 → 24,000 ? No Trade Zone: 23,451 – 23,642 ? Support: 23,520 → 23,300 → 23,136 ? Bullish Bias: Above 23,772, targeting 23,931 – 24,000 ? Bearish Bias: Below 23,500, expecting a fall towards 23,300 – 23,136 ? Neutral/Choppy: Inside 23,451 – 23,642, avoid unnecessary trades ? Final Advice: Stick to the structured trading plan and execute only at key levels. Avoid emotional trading—wait for confirmation before entering trades. The first 15-30 minutes after market open will provide better clarity—observe price action before committing to a trade. ? Disclaimer I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trades.