CAD/JPY is currently trading at 102.68, showing signs of rejection from the 106.00–104.00 resistance zone, which aligns with a bearish Ichimoku cloud (Span A at 105.36, Span B at 108.70). Price remains below the cloud, reinforcing the downtrend bias. The market has not broken above previous swing highs, confirming that bearish structure is intact. The current move appears to be a retest of broken support turned resistance, now acting as a supply zone. Both Trend Strength Index (TSI) indicators support downside momentum: TSI(10): -0.68 TSI(20): -0.84 These values reflect persistent bearish pressure, though not yet fully oversold, leaving room for further downside before reversal signals arise. The suggested plan is to wait for a retracement back into 104–106, offering better risk-to-reward entries for short positions, with a target at the next support near 96.43, where historical demand has previously stepped in. Trade Setup Summary: Entry Zone: 106.00 – 104.00 (resistance + cloud) Stop Loss: Above 106.28 (recent structure) Target: 96.43 (key support zone) Bias: Bearish while below 106.00 As long as price holds below the cloud and fails to break previous highs, the downtrend remains valid. The Canadian dollar remains tied to oil performance and BoC expectations, while the Japanese yen continues to trade weakly due to the Bank of Japan’s ultra-loose policy. However, CAD/JPY has shown technical exhaustion after a long bullish cycle, and unless oil regains momentum or the BoC shifts more hawkishly, the yen may regain some strength, particularly during risk-off periods. This environment supports short setups in CAD/JPY under technical confluence. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
The silence is deceptive. While retail waits, quants are accumulating. Volatility compression, volume divergence, and tight EMAs — classic pre-breakout microstructure. No aggressive sellers left. Every dip is absorbed. Indicators align, structure tightens. We’re not early. We’re positioned. Bull Load at 75% — firepower’s stacking.
hi Fundamental view The **US500 index** dropped due to several key factors affecting the U.S. stock market: ? **Tech Stock Decline** – Technology stocks faced heavy pressure, especially after **Nvidia** plunged **6.9%** due to U.S. restrictions on AI chip exports to China. Other stocks like **AMD (-7.3%)** and **Micron Technology (-2.4%)** also fell. ? **Federal Reserve Uncertainty** – Remarks from **Fed Chair Jerome Powell** raised concerns in the market. Powell warned that new tariffs could trigger higher inflation and slow economic growth, making investors uncertain about interest rate policies. ?️ **Surge in Retail Sales** – Retail sales jumped **1.4%** in March as consumers rushed to buy before new tariffs took effect. This highlights economic uncertainty, pushing investors to sell their stocks. Overall, a mix of trade tensions, uncertain monetary policy, and a tech stock sell-off caused the **US500 index to drop 120.93 points (-2.24%)** on **April 16, 2025**. Technical view Yes, the **bullish symmetrical triangle** pattern is often a strong signal for upward price movement. When the price moves within this pattern, it usually indicates a **tightening volatility** before a **breakout**, which can present a good market entry opportunity. ? **Breakout Confirmation** 1️⃣ Increased trading volume when price breaks above the **upper trendline**. 2️⃣ A closing candle above the **triangle resistance** for a valid signal. 3️⃣ Price targets can be measured using the pattern’s initial height as a projection. ? **Potential Price Movement** If the breakout happens, the price could surge toward the next **resistance level**. However, if the breakout fails and price moves below support, the pattern could turn **bearish**. Warren Buffett famously said, “Be greedy when others are fearful.” good luck **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your support
#TRU is moving inside a falling wedge on the daily chart and is on the verge of breaking out above the pattern resistance. In case of a breakout, the targets are: ? $0.0438 ? $0.0569 ? $0.0763 ? $0.0920 ? $0.1078 ? $0.1301 ? $0.1586 Use a tight stop-loss.
deepak FERTILISERS gave decisive break out of BULLISH flag with GOOD volume and Healthy momentum while still being in value zone on 15 of April. very soon it will kiss the level of 3000 or even more (100 % expension level of ROUNDING BOTTOM). However Price will have to sail through the waves of Beers at the zone of 1740-1930.
My prediction for gold this upcoming week. I could be wrong but lets see what happen
Ethereum’s price action over the course of this crypto bull run, and especially since the beginning of this year, 2025, has been nothing short of horrendous. It’s failed to hold almost every single important level that it needed to, to be able to keep pushing higher. This has caused almost all crypto investors and altcoin traders to pull their investments out, and drive the price even lower. At its current point, altcoin traders have lost all but 100% of the confidence they once had in it, and to retail investors, this is basically toxic waste once they see the losses that have been taken, it’s driving them away en masse. With that being said, this is ETH’s final stand, it’s time to either show out, or go home with nothing to show for itself. It’s at a very critical support level right now, and if it breaks down below this, the trade will be cancelled. It’s just finished completing the ‘Jesus Take The Wheel’ pattern on the weekly & MONTHLY. This is an extremely high probability pattern, and could cause a blow-off top for Ethereum. We also see that we got a Wykoff Pattern here, with the last one that we got around the $2k level being a fake out. The only other times it has printed aside from the last fake out, it has been the start of a bull run. ETH now has 6 weeks in total, or about 4 more weeks from now to start recovering old levels, and taking off to the moon. I drew a bar pattern on the chart that I took from its original bullish pattern from the start of the 2013 bull run. I believe we’ll have a shortened cycle, and due to not having much time left to complete the bull run during this 4-year cycle, that’s all we will get. Thankfully, the price has been beaten down so much, that getting in now, will offer 1000% gains, in just about 6 months. This will be one of the most incredible feats in all of crypto. Fear is at an all time high, and ETH has been teasing everyone with a bull run for months and even years now. We haven’t seen an all time high since 2021. Most investors will suffer from boredom exhaustion as well, and with the stock market also sinking, we could see a huge push once we recover some levels, for the masses to finally come into the market via Ethereum ETF’s, so they don’t have to actually risk any money moving crypto around. The boomers and traditional investors with stock accounts will be free to throw cash at these ETF’s and that’s what will give us our final pumps past all time highs, once the crypto traders all get back into the market, and get us to new ATH’s in the first place, and help us recover key levels. One thing is clear: ETH needs to stop trying so hard to control its environment, it’s time to just let Jesus Take The Wheel ?
Hey traders, Let’s dive into some weekly price action on EUR/USD and uncover what the charts are really telling us. ? ? Key observations (weekly Chart): Major breakout: Two weeks ago, EUR/USD printed a strong bullish candle that broke and closed above a critical resistance zone, the July 2023 high and September 2024 high. ➡️ This marks a bullish structural shift on the higher timeframe. Bullish inside bar: Last week's candle was also bullish but formed an inside bar, closing within the previous candle’s range and failing to break the high. ➡️ This suggests consolidation, not rejection. ? What it means: ✅ The break above multi-month highs signals strength and long-term bullish momentum. ✅ The inside bar can be viewed as a pause or healthy retest rather than weakness. ✅ Likely, price is accumulating orders before a new push higher. ? Weekly bias: bullish continuation Here’s why: The break and close above key structure is a big deal. Consolidation after such a breakout is normal and often precedes continuation. As long as price stays above the broken highs, the bias is firmly bullish. ? What to watch next: ✅ A break and close above last week's high = strong bullish continuation signal. ? A dip into the broken resistance (now support) + bullish rejection = a solid buy opportunity. ⚖️ There’s a price imbalance just below last week’s low, price could dip into it before taking off again. ? Final thoughts: The long-term trend is shifting. This is not the time to fade strength, but rather to look for high-probability entries on pullbacks. ? If this breakdown helped you, don’t forget to boost the idea and follow for more weekly updates!
Am still pretty much interested in this trade if price much up back to the support and break and retest then we look for a buy position
CHF/JPY is currently trading at 173.95, having recently rejected the resistance area between 175.00 and 177.00. The rejection aligns with a Trend Strength Index (TSI 10) reading of 0.81, indicating short-term overbought conditions and suggesting that a pullback is likely before any new bullish continuation. The price is trading above the Ichimoku cloud (Span A at 171.15 and Span B at 171.40), which supports a bullish bias. However, price action over the past months shows a clear sideways consolidation range between 165.00 and 177.00, where bullish momentum has recently weakened (TSI 20 at -0.22). Given this context, the optimal approach is to wait for a pullback into the support zone between 169.00 and 165.00, where the market has historically found demand. A bullish reaction from this zone could offer a high-quality trend continuation setup toward the upper boundary of the range at 177.00, and potentially toward the range extension at 179.30. Trade Setup Summary: Buy Zone: 169.00 – 165.00 (support + range bottom) Target 1: 177.00 (range resistance) Target 2: 179.30 (extension above range) Invalidation: Break below 165.00 Bias: Bullish while above range bottom TSI: Wait for a reset into neutral or oversold zone for confirmation The Swiss franc continues to be supported by its safe-haven status, though recent SNB rate cuts have slightly weakened its strength. Meanwhile, the Japanese yen remains fundamentally weak due to the Bank of Japan's persistent ultra-loose monetary policy. This macro backdrop favors CHF strength in the medium term, aligning with the technical setup for a bullish continuation, especially if global risk sentiment remains stable or tilts positive. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.