trade taken from yesterday, DXY is bearish . closed at 4% profit. waiting now for areas of liquidity to be taken.
Short AVGO to $170 in line with Friday, March 7, 2025, options expiration. Based on upcoming earnings and weekly chart observations.
Brothers, today the lowest price of gold fell back to around 2901. As I wrote in yesterday's post, the rebound of gold is a little weak. At present, the market has not returned to the upward trend line. Therefore, the continuity of gold's rise may not be strong. The overall market still tends to short gold. We can insist on shorting at high levels. Brothers who followed my trading ideas to short yesterday must have made considerable gains. The downward channel of gold prices since the new high in the 4-hour chart has been broken upward, and the moving average system is running upward, indicating that gold prices may rebound in the short term. In terms of operation, it is necessary to grasp the rhythm of the long and short turns. From a technical perspective, the upper side of gold is still concerned about the 2915-2925 resistance area. In this area, we are still mainly shorting. The lower side pays attention to the 2900-2890 area as support. We can wait for gold to fall back to the 2900-2890 area to go long on gold. In fact, as long as you grasp the rhythm, it is easy to profit from gold trading. If you don't know the accurate trading rhythm, you can follow my trading ideas. I post my trading ideas every day and I also post free trading signals on a regular basis. Many friends have reported that they are very helpful. If you want to copy trading signals and earn stable profits, or want to learn more about correct trading logic and techniques, you can consider joining the channel at the bottom of this article.
Pat 2 of 2: Going over what I see on the SPY, QQQ, and IWM.
Analysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout. The price has approached a previous swing low zone on the higher time frame (HTF) while moving within a descending structure on the MTF. The price has broken out of the MTF descending structure and we will now monitor for a continuation structure to identify a potential entry point for the trade. Expectation: A upward move is expected. ⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
EUR/USD 15M - As you can see price has gone on to play out really well overnight which has provided us with some amazing profits. I am expecting a TP hit by the end of the week. As we are seeing the production of higher highs and lows we can expect that the last low set is protected and our SL shouldn't be hit in theory if we are to follow the laws of bullish structure. This trade is running + 150 pips. (+ 7%) 7RR What a brilliant trade to be involved in, as you all know I am not someone who over trades or places multiple positions a week, I pick my moments. This is exactly why, as we can take advantage of trades like this. A big well done to all involved, please make sure you take partials and you are applying safety positions with your trades, its important you are managing your trades correctly! Any questions drop me a message or comment below!
Market Overview: Gold (XAU/USD) has been trading within a defined range, recently testing resistance near $2,958—a historical level where prices have struggled to break higher. Current Market Behavior: The price shows signs of exhaustion after a strong rally, leading to increased selling pressure. A potential pullback is forming, signaling a shift in momentum. Key support levels at $2,855 and $2,810 are critical in determining the next move. Key Levels to Watch: Resistance: If gold fails to break above $2,958, downward pressure could continue. Support: Areas around $2,737-$2,727 may attract buyers, especially if macroeconomic factors support gold. Volatility Ahead: Inflation data, Federal Reserve decisions, and global events will drive price fluctuations. Macro & Geopolitical Influences: Interest Rates & Dollar Strength: Higher US Treasury yields and a strong dollar reduce gold’s appeal. Inflation & Economic Data: Persistent inflation keeps gold attractive as a hedge. Geopolitical Uncertainty: New US tariffs on major trade partners and global conflicts are increasing market uncertainty, boosting gold's safe-haven appeal. Conclusion: Gold is at a critical juncture, with upcoming economic reports and geopolitical developments likely shaping its next move. Traders should watch key levels and fundamental drivers closely.
1. Trend and General Direction The price has been moving within an upward trend channel, but a recent pullback occurred. Currently, the price is near the $7.035 level, which aligns with the 0.786 Fibonacci retracement level, acting as a strong support. If this support holds, the next resistance levels are $8.871 (0.618 Fib) and $10.161 (0.5 Fib). 2. Fibonacci Levels and Key Zones Support levels: $7.035 (0.786 Fibonacci level), $6.717 (previous low), $4.695 (1.0 Fib, extreme case). Resistance levels: $8.871 (0.618 Fib), $10.161 (0.5 Fib), $11.451 (0.382 Fib), $13.047 (0.236 Fib). 3. RSI (Relative Strength Index) The RSI indicator suggests that the price was recently in an oversold state and is now starting to recover. If the RSI continues to rise, this could indicate a bullish continuation. 4. Gann Fan and Trendlines The price found support around an ascending Gann fan line, which could act as a potential reversal point. If the price breaks above key trendlines, the next targets could be in the $9–$10 range. 5. Summary and Outlook ✅ Bullish Scenario: If the price holds the $7.035 support and moves upward, the next targets will be $8.87–$10.16. ❌ Bearish Scenario: If the price breaks below this support, further downside could lead to $6.5 or even $5. Recommendation: Keep an eye on the price movement in the coming days. If the price recovers above $7.5–$8, the uptrend is likely to continue.
Key Observations: Supply Zone (M15): The red-highlighted area marks a 15-minute supply zone where price previously reversed sharply, indicating strong seller presence. The price has tested this zone and reacted bearishly, suggesting a potential sell opportunity. Market Structure: The chart follows a higher high (HH) and higher low (HL) formation, but then breaks down into a lower high (LH) and lower low (LL) structure. This indicates a shift in momentum from bullish to bearish. Bearish Expectation: The black arrow projects a further downward movement after price retested the supply zone and failed to break higher. The next key support level appears around 2.2440 – 2.2460, making it a probable target for shorts. Key Price Levels: Resistance (Supply Zone & Highs): 2.26705 Current Price: 2.26023 Support Target: 2.25996 (near-term) & 2.24400 (extended target) Trading Outlook: Bearish Bias: The break of previous lows suggests sellers are in control. Entry Consideration: A pullback toward the supply zone (2.2640 - 2.2670) could offer a better short entry. Risk Management: A stop-loss above the supply zone (2.2680+) can help manage risk. Take-Profit Levels: TP1: 2.2595 (minor support) TP2: 2.2440 (main bearish target)
Buying oppotunity! Long @ MKT until 396,50 Stop loss @ below 395 We are in strong uptrend! We have a very strong trendline on H4,D1,W, M Traders anticipate peace, that is the fundamental reason of gain of HUF. Sell on roumor, buy the fact effect expected soon.