GBPUSD is currently unfolding a 5-wave impulsive move according to Elliott Wave Theory. At the moment, we are in Wave 4, which typically corrects against the larger trend. Key Points: Wave 2 was a simple correction, so based on alternation, Wave 4 is expected to be more complex (likely an ABC structure). Wave 4 often retraces to the 38.2% Fibonacci level — in this case, aligning perfectly with a long-term ascending trendline, providing additional confluence for a potential buy zone. Trade Plan: - Monitor the ABC correction for completion near the 38.2% retracement. - Look for bullish confirmation (trendline break, bullish structure shifts, BOS, etc.). - Entries will be considered after clear signs of bullish pressure. - Stoploss: Below the lows formed during the Wave 4 correction. Targets: First Target: 1.3400 (450 pips) Second Target: 1.3750 (800 pips) Summary: Patience is key during the Wave 4 correction. Once the setup confirms, this could offer a strong risk-reward opportunity within the overall bullish impulsive structure. See our past GBPUSD setups below: Swing 1: https://www.tradingview.com/chart/GBPUSD/N12e7ZcN-VIP-GBPUSD-LONG/ Swing 2: https://www.tradingview.com/chart/GBPUSD/822nvYFc-VIP-GBPUSD-LONG/ Swing 3: https://www.tradingview.com/chart/GBPUSD/ytQPrPaN-VIP-GBPUSD-LONG/
#Bitcoin at present Trading around $94-95k Into Its most significant and very strong Resistance point.. To analysing, the market next sequence of moves Towards, Either a big Rejections or a little Perfection..? Anyways, For detailed information, Must visit my weekly chart based Analysis, that's already posted previously.. And... #DYOR always & Trade with #StopLoss in #Crypto
Head and shoulders Top A selling signal pattern. Option 1: To wait for price to close below the support line. Then short the stock. Stop loss when the price close above the support line. Take profit: As you deemed fit Stop loss: Close trade when the price closes above the "support" line.
Over in this video, I discussed the big picture level for Bitcoin and labelled Cycle level waves. I touched on my wrong calls for shorts of Bitcoin and I also went through the updated bullish wave counts. Big picture wise, I expect Bitcoin to break new high and move to $143,000 as my main price target.
Yello Paradisers! Are you ready for what could be a huge bearish trap unfolding right now on XRPUSDT? ?Currently, XRPUSDT is flashing serious warning signs. The formation of a rising wedge pattern is significantly increasing the probability of a bearish move. When analyzing the broader market structure, it appears this recent uptick is merely a retracement within the larger bearish trend—keeping the probability on the bearish side still very high. ?If XRPUSDT bounces, grabs liquidity and starts forming clear bearish patterns from that resistance area, it could set up an excellent opportunity with a high risk-to-reward (RR) ratio for shorts. ?However, if the price breaks out and closes a candle clearly above the resistance zone, our bearish thesis will be invalidated. In that case, it would be much smarter to stay patient and wait for a more reliable price action setup before considering any new trades. ?Remember Paradisers, the key to surviving and thriving in this market is to stay disciplined, patient, and smart. Trade what you see, not what you feel! Stick to the plan, and never rush decisions under emotional pressure. Play it safe, and stay focused—our time will come! MyCryptoParadise iFeel the success?
26/04/25 SGY Update I’ve been long Surge Energy since Jan 24. Price did move higher initially following my entry but has since ground lower in what looks like an ending diagonal pattern in red C of a larger ABC zig zag correction. There is RSI divergence on the weekly time frame which helps the case that SGY could be bottoming, but that will of course be effected by what the price of oil does. Any further downside on SGY I will be looking at the yellow zone which contains the 786 retracement at $3.9, measured move target of the red A wave at $3.28 & 886 retracement at $2.64. There is an ending diagonal invalidation level at $3.2, if this is tagged, I will need to adjust the current count. The completion of Red C will complete the (X) wave of the higher degree (W)(X)(Y) in yellow, from these levels the (Y) wave target will be $16-$17.
The price has broken out of the rising wedge pattern followed by a pullback that has formed a triple top on the 1-hour timeframe, if the price makes a lower low, we will see a bearish impulse WE ONLY TRADE PULLBACKS
https://www.tradingview.com/x/dRsLkXKH/ My dear friends, Today we will analyse NG1! together☺️ The recent price action suggests a shift in mid-term momentum. A break above the current local range around 2.951 will confirm the new direction upwards with the target being the next key level of 3.042 and a reconvened placement of a stop-loss beyond the range. ❤️Sending you lots of Love and Hugs❤️
https://www.tradingview.com/x/rE5FRmGO/ My dear friends, Today we will analyse NI225 together☺️ The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 35,720.94 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level. ❤️Sending you lots of Love and Hugs❤️
You can check this Chart for your referrence we have weekly support around price 85k level if this level can hold or stay for 1 month we are surely Bullish for bitcoin. As of April 26, 2025, Bitcoin (BTC) is trading at approximately $94,032 USD, reflecting a slight decrease of about 1.1% over the past 24 hours. Despite this minor dip, Bitcoin has experienced a notable upward trend, gaining nearly 10% over the past week and approaching the significant $95,000 resistance level. Fundamental Analysis The recent surge in Bitcoin's price is influenced by several factors: Geopolitical Developments: A recent call between U.S. President Donald Trump and Chinese President Xi Jinping to discuss trade tariffs has positively impacted market sentiment, contributing to a rally in risk assets, including cryptocurrencies. Institutional Interest: The Federal Reserve's rollback of certain regulations has made it easier for Wall Street institutions to engage with Bitcoin and other cryptocurrencies, potentially increasing institutional investment. Forbes Market Predictions: Notable figures like Robert Kiyosaki have set optimistic price targets for Bitcoin, with Kiyosaki predicting it could reach $180,000 to $200,000 by the end of 2025. Binance However, technical analysis indicates that Bitcoin is forming a bearish triangle pattern, suggesting potential resistance around the $95,000 mark. If the price fails to break through this resistance, it could lead to a short-term pullback. In summary, while Bitcoin's current trajectory is upward, investors should remain cautious and monitor both technical indicators and geopolitical developments that could influence its price movement. If you like my content Analysis Please follow me :) Thank you for support I'll be giving more daily updates on this page if I got more followers here By the way I started Crypto Trading since 2014 11 Year's now in this Trading Journey I would like to give more Idea's for you guys