GBPUSD USOIL XAUUSD GBPUSD This is Just a Brief follow up on all the Outlooks Be true to your Losses as you would be true to yourself. Patience is the Way!Ieios
Currently at range low. 3 scenarios I see from here… 1. Hold the line at 101k area and bounce back to retest top of zone around 105k. 2. Break below, bounce at top of previous wedge top. 3. Free fall to 92k area. #bitcoin CRYPTOCAP:BTC
Price has retraced into the Fair Value Gap (FVG) and is approaching the Order Block (OB), which aligns perfectly with the Golden Zone of the Fibonacci retracement (50%-61.8%). This confluence strengthens the demand zone, increasing the probability of a bullish reaction. A clean move upward is anticipated, targeting the range above. Entry can be taken on confirmation within the FVG or OB, with stops placed below the OB for a favorable risk-to-reward ratio. If the candle break and close 2762 we have a clean range till 2753 OB we can take sell till 2753 or we can enter the trade after the market tap the OB filling the range
On gold we are technically approaching the All Time HIgh area supporting by a fear of a cold war leading by DTrump + his particular interest to lower the IR of the USA. During this week there is the FOMC meeting during Wednesday night and the investors are excepting the FED to keep the IR unchanged for the time being As we are near the ATH we can anticipate that FED will not bring that much new to the table and that a TP move from an investors perspective can occur in order to repositionning themselves on better demand zones before potentially continuing higher and breaking the ATH prices. Later on the week we have some PCE numbers actually excepted to be unchanged. We can except price to accumulated / ranging before the actual FOMC.
Hello, this is Greedy All-Day. Today’s analysis focuses on the NASDAQ. Friday’s NASDAQ Briefing Results Chart: https://www.tradingview.com/x/ZOkJWQsT/ On Friday, the NASDAQ broke above the purple box resistance trendline but failed to break through the next major resistance zone at 22093.5–22111.25. After the ascending trendline broke, the sell entry zone at 21854.25 was triggered. Although there was a brief rebound before the U.S. session closed, the price eventually dropped further on Monday. Currently, the price has fallen approximately 300 points from the entry, yielding a profit of around $6,000 per contract. Detailed Analysis of Friday’s Patterns Chart: https://www.tradingview.com/x/1WGV9yae/ One key point to note from Friday’s briefing was that the upward pattern was forming a pennant. When the black box supply zone broke, the chart showed signs of consolidation, as seen with the light blue trendlines. This consolidation involved higher lows and lower highs, but the breakout signal came from the red box. However, the breakout attempt failed after the price couldn’t break through the green box. If the green box had been broken, the pattern would have shifted from a pennant to an ascending triangle, signaling stronger bullish momentum. Instead, the failure to break out suggests that the pennant formation remains valid. Also, considering the timing, the breakout attempt coincided with a scheduled economic indicator release, which is why setting a break-even stop-loss would have been the prudent choice. Economic data releases often disrupt natural chart trends with sudden bursts of trading volume, which is why it’s generally recommended to avoid trading immediately before or after such events. Trading Within Trend Breaks Chart: https://www.tradingview.com/x/j9B3haE2/ Using the red box as an example: Let’s say you entered after the red box breakout 15 minutes before the economic release, even though it wasn’t an ideal entry. Stop-Loss Strategy: A break-even stop-loss should be applied to protect against volatility during the announcement. First Stop: If the price falls below your entry level, it’s the first signal to exit the trade. Second Stop: If the price breaks below the blue box, you must exit because the ascending trendline is broken, invalidating the uptrend. Stop-loss levels are challenging to specify as fixed numbers because they depend on time and price movement. For trend trading, entry and exit decisions must be adaptive and based on real-time conditions. Daily Chart Analysis Chart: https://www.tradingview.com/x/hf31J2F1/ The daily chart shows: A significant bearish candle following a break of the short-term ascending trendline and the major support level. A gap-down open, with the price now inside the Ichimoku Cloud. The current price is testing support near the daily 20 EMA. Potential Scenarios: Upside: There’s a slight chance for a gap-filling rebound. Downside: A retest of the red box support zone near 21308. Support at the 60 EMA or Ichimoku Cloud bottom near 21220. Further major support levels are 21006 and 20694. Weekly Chart Analysis Chart: https://www.tradingview.com/x/WOEG8OYk/ Last week’s bearish weekly candle completely engulfed the previous week’s body. The remaining lower wick reaches down to around 21377.75. Current Market Momentum Chart: https://www.tradingview.com/x/sg7xkxZ1/ The NASDAQ is currently in a steep, almost vertical downtrend. This movement makes it essential to remain cautious: Entering short positions at this stage carries the risk of a rebound to fill the gap. Entering long positions could result in further losses if the trend continues downward. Since most entry points have already been invalidated, it’s best to stay on the sidelines for now. Conclusion With Asian markets observing holidays next week (Korea from Monday, China from Tuesday, and Hong Kong from Wednesday), trading volumes are expected to decrease. Given the current market conditions, taking a step back and avoiding unnecessary trades might be the wisest approach. Unless significant news impacts the market, there’s a possibility of the session closing with some recovery. Thank you for your hard work this week, and let’s finish strong. See you in the next briefing! ?
TDOC price needs to stay above 10.03 area to maintain an uptrend in the short-term time frame. Hopefully, we get a reversal candle this week and a bullish cross over on the MACD (Chris Moody) for a price reversal.
Looking at the chart: Current Momentum: Bitcoin shows strong bullish momentum, with the price climbing steadily within an ascending channel. The upper resistance zone near $117k aligns with a potential target for the next breakout. Potential Pullback Zone: The highlighted $95k– GETTEX:97K -$100k- zone represents a potential retracement area. This aligns with previous support levels and trendlines, suggesting it could act as a consolidation zone before the next leg up. Long-Term Trend: The overall structure remains bullish, with higher highs and higher lows forming. The breakout above the previous key resistance levels adds to the likelihood of reaching new all-time highs. Cautionary Note: The price may face temporary resistance near $108k or pull back to $95k– GETTEX:97K for a healthier setup before continuing upward. The 1-week timeframe is on the cusp of a significant pattern, leading to Bitcoin's new all-time high.
True enough, the price did not go above the previous ATH. This is a D worth playing. Just move SL to entry. I hope for the best. We can also see from the RSI that the price is losing momentum. Good luck.
Hi Traders Pair: AUDJPY ? Position: LONG (BUY ) ✅ Entry: 97.900 ? SL: 97.650 ? Take Profits: • TP 1: 98.150 • TP 2: 98.400 • TP 3: 98.650 (Trailing SL)
ETH struggle to break above 3.4k I think its like if we break 3.1k most likely we will see 2.8k to fill in wick and retesting fibo 0.5