The EUR/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.0805 2nd Support – 1.0771 ? Please hit the like button and ? Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
AUDUSD is currently trading around 0.62900 and forming a **bearish flag pattern**, a well-known continuation pattern that suggests further downside momentum. After a sharp downward move, price action is consolidating within a parallel channel, indicating a potential breakdown. If the bearish flag confirms with a breakout below the support zone, we could see a strong move toward 0.60900. Technically, the **0.62500 level acts as a critical support**, and a breakdown below it could accelerate selling pressure. The next key support zone aligns around 0.62000, followed by the ultimate target of 0.60900. Volume confirmation and a decisive close below the flag's lower boundary will strengthen the bearish outlook. Traders should watch for price rejection near resistance levels and any signs of increased selling pressure. From a fundamental perspective, the **us dollar remains strong amid hawkish Federal Reserve policy**, while risk-off sentiment is weighing on the australian dollar. Factors such as weaker economic data from China, declining commodity prices, and lower demand for high-yielding currencies could further drive audusd lower. Additionally, expectations of **RBA's monetary policy stance** and global risk trends will play a crucial role in shaping the pair’s direction. In conclusion, audusd is on the verge of breaking out of a **bearish flag pattern**, signaling potential downside movement toward 0.60900. Traders should stay alert for a confirmed breakout with strong bearish momentum, as this setup offers a high-probability trade opportunity.
SELL 1.29600 | STOP 1.30100 | TAKE 1.29000 | We expect a short downward movement to the local resistance level before resuming the pair's increased growth. Technical analysis shows an increased buy signal from the range of 1.29000 - 1.28700.
Here are some key reasons to sell gold now: 1. Stronger USD: A rising dollar pressures gold prices. 2. Hawkish Fed: Higher interest rates reduce golds appeal. . 3. Easing Geopolitical Risks: Less demand for safe haven assets. 4. Bearish Teachinacls: RSI, moving averages, and trendline signal downside.
Follow the trend until it breaks! Bitcoin! in a video i shared 2 key areas for short 1st area at 84k -85k as 1st VWAp deviation from ATH and 2nd area 0.5dev of VWAP form ATH 89k 90k
Bitcoin is now facing resistance at the 200-day moving average (currently around $83,645). After bouncing from recent lows, price is struggling to reclaim this key level, which aligns with prior support turned resistance. A clean break above the 200 MA would be a bullish signal and could open the door for higher prices, but for now, this area is acting as a significant barrier.
? Key Support Zone at 2.22 - 1.92: XRP is currently in an accumulation phase within this zone. Holding above this level could trigger a bullish reversal. ? Upside Target: $5.00+ A successful breakout can lead to a strong rally towards $3.00 - $5.00+. ? Risk Level at 1.92: A breakdown below 1.92 may invalidate the bullish outlook and push XRP lower. ? 2nd Accumulation Zone: 1.60 - 1.30 If XRP loses the 1.92 support, the next strong demand area is between 1.60 - 1.30, where buyers may step in again. ? Bullish Scenario: Enter between 2.22 - 1.92, confirmation above 2.50 for an upside move. Bearish Scenario: If price drops below 1.92, watch for accumulation in 1.60 - 1.30 for a new entry. Targets: $3.00, $4.00, $5.00+ Stop Loss: Below 1.30 (if entering lower zone). Overall Sentiment: Bullish on breakout, cautious below 1.92! ?
Ladies and gentlemen, the Ethereum Time Machine! Welcome back to 2020. Ethereum’s weekly chart against Bitcoin has reached a major historical support level. This is a critical area where price previously found a strong base before launching into the 2021 bull market. The current retest of this zone suggests that buyers could begin stepping in here, although there’s no confirmed reversal signal yet. Despite being largely wrong about Ethereum’s performance so far, I’ve maintained a sizable position and have not sold any. The price action has been weak for months, but this area of historical support could provide a foundation for a meaningful bounce. Volume has increased slightly, which could indicate early accumulation, but confirmation will require more follow-through from buyers. A decisive hold of this support level and a higher low would be the first sign of potential trend reversal. However, if this level breaks down, there’s little visible support until significantly lower levels.
If I am correct price creates a low timeframe lower high in march followed by devistating down price action. This will take month. Patience.
? Trade Rationale: 1️⃣ Technical Breakdown: 2940.110 is a key resistance level; rejection confirms downside potential. Price struggling to hold above 2950, signaling weakness. 2️⃣ Macro Factors: Stronger USD & bond yields keeping gold under pressure. Lower-than-expected CPI reducing gold’s safe-haven demand. 3️⃣ Market Sentiment: Bearish below 2940 with sellers stepping in aggressively. Break below 2925 confirms momentum to 2910.676 target. ? Watch for: ✔️ Weak rejection at 2940 for clean short setup. ✔️ Break below 2925 accelerates selling pressure. ✔️ U.S. market open (15:30 IST) volatility impact. ? Bearish Bias ? – Short Gold Below 2940.110, Targeting 2910.676! ?? ? Short Entry: 2940.110 ? Take Profit (TP): 2910.676 ? Stop Loss (SL): 2953.561 #XAUUSD #Gold #Short #Trading #TechnicalAnalysis #USD