The **EUR/USD Daily Chart** presents a clear **bearish structure**, characterized by lower highs and lower lows, with price respecting key supply zones. Recent price action shows a rejection from a prominent **supply zone** (highlighted in orange) in alignment with a **Trend Shift (TS)**, suggesting further downside potential. Key Observations: - **Supply Zone Rejection**: Price retraced into a high-probability supply zone, resulting in a strong rejection, reinforcing bearish intent. - **Daily SIBI Resistance**: The Sellside Imbalance and Buyside Inefficiency (SIBI) aligns with the supply zone, acting as a strong resistance level. - **Liquidity Target**: The bearish bias targets the liquidity resting below the **1.02241 level**, aligning with previous swing lows. Fundamental Outlook: Upcoming high-impact USD events, including **PPI**, **CPI**, and **Retail Sales**, may strengthen the dollar and amplify bearish momentum. **Trading Plan**: - **Entry Zones**: Look for bearish setups around retracements into the SIBI or supply zone. - **Target Levels**: Primary target at **1.02241**, where liquidity resides below the lows. - **Risk Management**: Invalidate the bearish setup if price breaks and holds above the daily SIBI zone.
Monthly Cycle SMT + Weekly Cycle SMT. GU appears to be stronger today. Target 1 : Previous Daily High Target 2 : Previous Weekly High Move stoploss to breakeven after target 1
Dear Traders, We have an excellent selling opportunity on GBPJPY, with over 1100+ selling move is likely to occur within next couple of weeks. Please use accurate risk management. For more chart related information read the chart carefully.
Feel free and fasten seat belt to jump up about 100 percent and maybe more
Hello everyone, following the MXMM Sell model with the Quarterly Theory I have came up with the following Short Idea. Watch the price close under the True Day Open and retrace back to it.
Gold Technical Analysis The price has stabilized in the bullish zone after breaking above 2665. As we mentioned earlier, stability above 2665 would lead to a move towards 2678. The price has already broken 2678, indicating that the bullish trend is likely to continue towards 2690 and 2706. However, there is a possibility of a correction, which could bring the price back to 2672 or 2665. Key Levels Pivot Point: 2678 Resistance Levels: 2690, 2706, 2720 Support Levels: 2665, 2636, 2623 Trend Outlook Bullish trend above 2678 Bearish while Below 2673
Nasdaq is a good option to trade today after NFP if you are able to pick the right direction.Just focus on BSL being taken first and then aim for SSL or vice versa .Liquidity is on both sidessss
Hello traders. After a few months away from the charts (I have been focusing on my crypto and Bitcoin holdings) I just wanted to post a quick 4 hour chart. I marked my area of interest. We have NFP here in the US in under 2 hours. So for me, being a Friday, I would trade carefully. As we trasition into a Pro America president, I believe we will see significant growth and actual numbers from the Feds to be accurate. Under Biden the numbers were fudged monthly for most of the last 2 years specifically. Big G gets all my thanks. Happy Friday, trade the trend and be well.
Bitcoin is short-term bullish, but expect doom. With me, you always have a plan. Stay updated. What is the plan now? Of course we want to make a profit in the next few days and weeks. I will share with you my plan. But first, let's take a look at the massive crash that happened in the past few days. I warned you about that crash in my previous analysis. The crash was very steep and strong, and I see an impulse wave. After each impulse wave, there is an ABC, ABCDE, or a complex correction. You want to look for strong levels on the way up to short Bitcoin or potentially exit your longs (sell Bitcoin) if you haven't already. On the chart, you can see 3 strong levels that Bitcoin will probably hit in the next few days. Keep in mind that there is also a huge unfilled FVG on this 1h chart, and usually the price wants to return at least to the end of the FVG. Why is bitcoin short-term bullish? We can see multiple green candles in a row, which is a strong price action suggesting a continuation after a pullback. Where can bitcoin rise to? The first resistance is the first order block after the FVG. Next, a 200 moving average is displayed on the 1h chart. This moving average is used by huge institutions and hedge funds, so you definitely want to be aware of it. After that, we have the end of the FVG. So in conclusion, there is a strong resistance around 97k. But what if Bitcoin wants to go a little bit higher? Yes, this is really possible, because after an impulse wave, we look for the 0.618 FIB retracement. This is exactly at 98323. You really don't want to go long here, but short. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
Hi trader's. What do you think about bitcoinusd Current price:94700 Bitcoinusd has rejected 91500 thrice and is not breaking out this position. Now market has established 91500 supporting area. Currently market has established triangular pattern and is moving above it's supporting area and can go further high but before market must breakout 97000. Then market go to demand zone 100000 Support zone 94000.93500 Resistance zone. 97000 Demand zone 100000 I placed the remaining target in the details in the chart Please don't forget to like comment and follow