GBP usd Buy scenario towards previous significant high in daily chart.
If you've been following my content, you'll know I've been long the yen since the start of 2025. My short AUDJPY, CADJPY, EURJPY, NOKJPY, and NZDJPY positions are starting to pay off! The yen index ( TVC:JXY ) recently closed above a key horizontal resistance at 66.00. This may signal the JPY may continue to strengthen and test the weekly range resistance at 71.00. OANDA:AUDJPY OANDA:CADJPY OANDA:EURJPY OANDA:GBPJPY OANDA:NZDJPY OANDA:USDJPY
The Silver (XAGUSD) price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The price action creates a sequence of higher highs and higher lows. The recent consolidation appears to be a breakout and a corrective pullback towards the previous support zone. The key trading level is at 3166, which is the previous consolidation range. A corrective pullback from the current levels and a bullish bounce back from the 3166 level could target the upside resistance at 3253 followed by the 3316 and 3340 levels over the longer timeframe. Alternatively, a confirmed loss of 3166 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 3125 support level followed by 3100. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
A decision in SPX has to be due soon. For 4 months now it's barcoded at the same 1.61 general inflection zone. From here I find we typically reject or we trade to the 2.20. Both of these would be a 8 -10% move - it's just a question of to which side. SPX has started to shape up a lot like a break. If the bear thesis is correct it needs to be evidenced by a big red monthly bar. I'd estimate it has to be something in the range of about 8% and sometime March/April. Should be fairly obvious. And we're getting to the levels where the break is close to being "Confirmed" (not that I rank the idea of confirmation too high, many of the worst trades ever were "confirmed"). 9/10 sketchy. Looking really sketchy out there.
So here is our plan for entering a Google long position. And you know what the old saying is "plan your trade, and trade your plan". We will be looking long and hard at the volume profile when we reach that area. Our last Google trade that we posted it all the Take Profit points, and was great. So mark this on your chart and set alerts.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. https://www.tradingview.com/x/lec5lZ5y/ Here is the Bitcoin 30-minute chart. The Nasdaq indicator will be released at 12 midnight tonight. In the case of Bitcoin, it is coupled with Nasdaq and is falling without asking. Since there is no short position entry point yet, I proceeded a little safely until today because there was a risk factor. *Long position strategy when the blue finger moves 1. Purple finger at the top 90394.5 dollars Autonomous short operation section / Stop loss price when orange resistance line is broken 2. 87759.5 dollars Long position entry section / Stop loss price when green support line is broken 3. 92340 dollars Long position 1st target -> Top, Gap in order of target price. Since it can rise strongly from dawn, I did not operate a separate short position. (In the case of Tether Dominance, since it is difficult to sweep from the current position, if it is not a direct crash, the rising pattern is maintained, so the part that is gradually broken is included in the strategy.) There is an additional autonomous long entry position in the first section at the top. The purple finger touch -> 87.7K from the current position is the safest, and if it goes down right away, it is a long wait in the second section. If you look closely at the green support line, you will see a bright sky blue support line. I used the falling wedge section as a long position. (Daily support + weekly central pattern and candle tail) Among the patterns I have been waiting for, Because it is the first touch of the central line of the Bollinger Band weekly chart, I will find the next support line and operate it from today's departure from the second section until this week. Up to this point, my analysis article is simply asking for your help. I will see you tomorrow depending on the participation rate today. I hope you operate safely with the principle of trading and cut-off price. Thank you.
I utilized the Mirror Market Structure method to analyze the market, focusing on the last supply and demand levels to predict the next potential move. By identifying key zones where price action has previously reacted, I was able to assess whether the asset is holding a critical level or showing signs of continuation. This approach helps in determining the next target based on historical supply and demand dynamics, providing a structured framework for anticipating price movements with greater accuracy.
Previously I pointed out the MSTR possible topping pattern at the 4.23 and spoke at length about how this pattern tends to predict a revisit of the 1.27. https://www.tradingview.com/chart/MSTR/fg6vWtgy-The-Case-for-a-76-drop-on-MSTR-Norms-of-fib-levels-in-a-trend/ This 1.27 move is always a crash and in a pattern like this tends to come in at around a 76% drop from the high. Now MSTR is heading into the 2.20. If this level breaks we usually have a period of capitulation to not less than the 1.61. Most of the time the 1.27 ultimately ends up hitting/
Hello Followers I am going to publish my technical setup on BTCUSD , So share your opinion in comments about my analysis.. BTCUSD is working at a support area where it is clearly making a bullish setup.. According to me BTCUSD will go for long (Bullish) till the first target around 92000 that is also a resistance because last time BTCUSD stayed here and if BTCUSD break this point properly then it will reach to the 96000. Let me tell you guys that 96000 is a very close to the major resistance area and the level of resistance area is 96500/97000.. I Have identified the Long Position as well in the chart.. KEY POINTS: CURRENT PRICE 89000 RESISTANCE AREA 96500/97000 TARGETS: 1st TARGET 92000 2nd TARGET 96000 CANCEL TRADE 86000
Bitcoin has shown signs of a potential reversal on the 4-hour timeframe after a sharp breakdown below support, which appears to be a classic liquidity grab or Turtle Soup setup. This move likely aimed to flush out weak hands before a possible bullish reversal. A key 4H candle, forming a doji/hammer pattern, signals that selling pressure may have been exhausted, increasing the probability of an upward move. Based on this confirmation, I have entered a long position, anticipating a recovery toward previous highs. My stop-loss is placed just below the recent low to manage risk effectively. If Bitcoin holds above this level and gains momentum, I expect a retest of previous range highs and potentially all-time highs. A breakout and close above the 109,000 resistance zone would further validate the bullish case, while failure to sustain support could invalidate the setup.