#SILVER.. market just reached at his most important and area of the week that is 32.40 around keep close that level and stay sharp here. that is most importnat and our pattern area. only holding of that area means again bounce expected. otherwise below that not.. so keep in mind that we will go for CUT N REVERSE below that on confirmation. good luck trade wisely
Retesting NWOG and reclaiming a 30m +OB, then rebalancing a 30m +FVG while respecting it with candle bodies. Moving through a 30m +IFVG thus confirming that the extreme opposing pressure is no longer a concern. Bumping into a 30m -RB that is now facilitating a pullback. A 6m +OB has already been formed above the 30m +IFVG which adds to our bullish case. Liquidity has been taken on the 6m an hour ago leaving us still with some time to enter until the respective combustion phase is completed. All we need is a retest of the split (equilibrium) zone of the validation 2m range and a solid delivery candle above the zone. Right now, price decided to retrace a little bit deeper but the finger is already on the trigger, so to say. Our target is the open 30m -FVG overhead that sits within our major shooting range.
USDJPY is in a descending channel below the trend lines. The price is moving from the upper boundary of the channel and has already broken the lower trend line. We expect the decline to continue after consolidation under the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Bitcoin's daily chart remains in a sideways consolidation, with price hovering below the key resistance at 99,860 and struggling to reclaim the 50-day moving average. Momentum has clearly stalled, with low volatility and declining volume, indicating a lack of strong conviction from both bulls and bears. Price continues to hold above the mid-range of recent price action, but failure to break back above key resistance zones could lead to a further grind lower. If support around 95,000 fails, a deeper retracement toward the demand zone around 90,000 may come into play. Bulls need a decisive push above resistance to shift the structure back toward a bullish bias.
eurusd we took the buyside liquidity above 1.05150. look for shorting opportunities in newyork killzone (8-10 ET) at the specified level. aiming for the target at 1.037 good luck and good trading.
ETH daily candles have been closing within a $200 range, and BTC daily candles have been closing within a 3k in past 20 days.
Overview: A potential bullish breakout from a triangle pattern, signaling a continuation of the uptrend. Key Technical Insights: ? Triangle Formation Breakout Gold price has been consolidating inside a symmetrical triangle, a common pattern before a breakout. The price has just broken above the resistance, confirming a potential bullish move. ? Support & Resistance Levels: Support: Around 2,933 - 2,935 USD, acting as a retest zone after the breakout. Resistance: Near 2,946 - 2,950 USD, the last hurdle before the next rally. ? Target Projection: Based on the triangle breakout measurement, a potential 3.75% move (110 USD) to around 3,044 USD is anticipated. Trade Plan: ? Entry Strategy: A retest of 2,935 USD could provide a better entry for confirmation. Aggressive traders may enter immediately after breakout confirmation. ? Stop Loss: Below 2,914 USD, invalidating the breakout structure. ? Take Profit Target: Around 3,044 USD, aligning with the measured breakout target. Final Thoughts: ✅ Breakout confirmed – waiting for retest to enter safely. ✅ Momentum and volume support bullish continuation. ✅ Caution if price falls below 2,914 USD, invalidating the pattern. ? Gold remains in an uptrend – monitor price action for confirmation! ?
Given the possibility of completing the WXY pattern at the $14 price range and its overlap with the weekly MEF, we can hope for the start of an uptrend to reach targets above $50.
In terms of operation, it is recommended that investors strictly implement stop losses, control risks, and seize this wave of long opportunities. On the whole, today's short-term operation of gold recommends mainly going long on callbacks, supplemented by shorting on rebounds. The top short-term focus is on the 2950-2954 first-line resistance, and the bottom short-term focus is on the 2920-2916 first-line support. Short order strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2950-2953, stop loss 8 points, target around 2940-2935, and look at the 2930 line if it breaks; Long order strategy: Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2933-2935, stop loss 8 points, target around 2945-2950, and look at the 2955 line if it breaks;
After retesting the 1.052 we can enter a sell position: Instrument: EURUSD TimeFrame: h4 Position Type: Sell Entry Price: 1.04715 Stop Loss: 1.05280 Take Profit: 1.03584 R/R: 2 Date:24.02.2025 Period: mid term