GBPUSD price attempting to break the weekly bearish flag possibly attempting to test previous weekly structure lows https://www.tradingview.com/x/HIjexxRF/ Daily chart shows a possible divergence creating a thesis that a possible pullback is imminent that could test previous support turned resistance for possible bearish continuation set up https://www.tradingview.com/x/j0gcWaNc/ note: The indicator you are seeing in the chart are bollinger bands with 200 sma that would show if price is over extended long term. this indicator is set to daily so that if you scroll down to lower time frame what you will see is the same indicator but set to daily. The RSI is the regular rsi with 100sma bollinger band for long term trend shifts in momentum. 4h or 1h chart would be the execution chart if I will see pull backs to fib levels using RSI midline and sma as confluence https://www.tradingview.com/x/E7KHpI3x/
Bitcoin declined to test support in 4 hr charts At the same time on 2 min prices created gaping up separation Buy on the retest Let see if buyers can push price higher from here To test 102 levels again
here we can see audcad had made a 1000% retracement back to the Daily OB / Demand Zone looking to take this trade back to the upside, Very great risk to reward and we don't have to be correct 100% of the time to be profitable with these kind of dset ups so also keep that in mind
The possibility of a deepening decline appears serious, and it’s essential to stay prepared for such scenarios. I have identified my hedge short levels at the red boxes, which I consider key areas for managing risk and capitalizing on potential downward movements. Monitoring these levels closely will be crucial to adapting effectively to the market's evolving structure. I keep my charts clean and simple because I believe clarity leads to better decisions. My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. My Previous Analysis ? DOGEUSDT.P: Next Move ? RENDERUSDT.P: Opportunity of the Month ? ETHUSDT.P: Where to Retrace ? BNBUSDT.P: Potential Surge ? BTC Dominance: Reaction Zone ? WAVESUSDT.P: Demand Zone Potential ? UNIUSDT.P: Long-Term Trade ? XRPUSDT.P: Entry Zones ? LINKUSDT.P: Follow The River ? BTCUSDT.P: Two Key Demand Zones ? POLUSDT: Bullish Momentum ? PENDLEUSDT.P: Where Opportunity Meets Precision ? BTCUSDT.P: Liquidation of Highly Leveraged Longs ? SOLUSDT.P: SOL's Dip - Your Opportunity ? 1000PEPEUSDT.P: Prime Bounce Zone Unlocked ? ETHUSDT.P: Set to Explode - Don't Miss This Game Changer ? IQUSDT: Smart Plan ⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One ? STMXUSDT: 2 Buying Areas ? TURBOUSDT: Buy Zones and Buyer Presence ? ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results ? IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB ? USUALUSDT: Buyers Are Active + %70 Profit in Total
⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Thursday's US economic data revealed a decline in unemployment claims, while the final Q3 GDP report from the Bureau of Economic Analysis confirmed 3.1% year-over-year growth. Despite these figures, market attention remains focused on projections for 2025. The Federal Reserve (Fed), led by Chair Jerome Powell, reduced interest rates by 25 basis points, though the decision was not unanimous, with Cleveland Fed's Beth Hammack dissenting in favor of maintaining current rates. Fed officials have also shifted focus to inflation, as reflected in the dot plot. Their projections indicate two 25-basis-point rate cuts in 2025 and another two in 2026. ⭐️Personal comments NOVA: Strong Bearish Trend - Pressure on Market Maintains Around 2600 ⭐️SET UP GOLD PRICE: ?SELL GOLD zone: $2626 - $2628 SL $2633 TP1: $2620 TP2: $2610 TP3: $2600 ?BUY GOLD zone: $2576 - $2574 SL $2569 TP1: $2582 TP2: $2590 TP3: $2600 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
This is my updated gameplan inside of this sideways consolidation. I am looking for a run of the lows down into July FOMC level for support. I don't expect price to break this level. Once price gets back down into the bottom of the range and starts buying, the next target will be at the top of the range and the break of the highs as a target.
AUD/JPY is reacting off the pivot which is a pullback resisstance and could drop to the 1st support level which acts as a pullback support. Pivot: 98.24 1st Support: 96.57 1st Resistance: 99.38 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Key Observations: - Weekly candles forming higher highs and higher lows, indicating a bullish trend. - Currently testing weekly bottom support. - However Daily chart showing trend and EMA reversal, suggesting a potential short-term correction. Dilemma: - Should we buy now, given the bullish weekly trend? - OR wait for daily EMA reversal off weekly EMA? Possible solution is to watchout: - for a break of the previous week's low may provide clarity. - Alternatively, if the price holds above the previous low, to rally to 104k. Trading Idea: - Consider playing the 94k-104k range for a potential bounce. - Alternatively, wait for a daily EMA reversal before entering a long position. What are your thoughts?
ETH TF 1W A possibility for ETH to retest its support before showing a rebound into its prev. ATH. #NFA #DYOR Feel free to discuss.
Scheint als war unser Dax mit seinem Tauchgang noch nicht am Ziel und legte zum Mittwoch nochmal einen ordentlichen Schwapp nach. Guten Morgen :) Marken mit Wichtigkeit und hoher Reaktionsfreundlichkeit für heute und die nächsten Tage sind meiner Meinung nach: 20730, 20425, 20360, 20205, 20120, 19895, 19600, 19480, 19335, 19250, 19120, 19050, 18880, 18760, 18600 Chartlage: positiv Tendenz: seitwärts Grundstimmung: positiv Zum Mittwoch hatte sich unser Dax aus der Range rausgeschossen, sollten die europäischen Händler das nicht so kritisch sehen und von Beginn an hochdrücken, wäre ein Rücklauf hoch zur 20200 über 20120 / 20150 gar nicht mal so ungewöhnlich gewesen. Sollte das gelingen wären auch am Freitag noch 20270 anzusetzen. Würde das aber nicht gelingen und er sich von Beginn an richtig schwach zeigen, hatte ich unter 19950 dann mit einem Erreichen des primären Rücklaufbereichs bei 19730 / 19670 gerechnet. So die Zusammenfassung von gestern. Gesehen haben wir dann nun allerdings weder das eine noch das andere richtig. Hätte man die Kursnotierung rechts am Chart ausgeblendet, hätte man auch meinen können, der wäre einfach einen weiteren Tag in unserer Range oben zur Seite gelaufen. Und ich finde das ist schon wichtig, da wir letztendlich am Mittwoch nur sehr punktuell und kurzzeitig weggestürzt sind und aktuell offenbar einfach nicht mehr genug Volumen im Markt haben um das schnell wieder auszugleichen. Sollte der nun also auch am Freitag unten rum keine Motivation zeigen da unter der 19950 wegzubrechen, würde ich oberhalb von 20000 einfach nur erwarten, dass der ähnlich wie am Donnerstag probiert in die Erholung zu gehen hin zur 20100 und auch 20150. Viel mehr erwarte ich am Freitag nicht. Sollte er aber zum Freitag nun den Stress unten zeigen, den er am Donnerstag wirklich überhaupt nicht raus ließ, bleiben unter 19950 dann die Ziele bei 19830 / 19800 und vor allem aber bei 19730 / 19680 wo dann auch wieder richtig Gegenwind reinkommen dürfte. Bleibt der allerdings im Bewegungstempo vom Donnerstag wäre ein Erreichen von 19830 / 19800 wohl dann schon recht viel für den Freitag, sodass der Rest dann erst Montag kommen würde. Die Scheine bleiben gleich. Für Aufwärtsstrecken der PG70KW KO 18600 sowie GQ9CGN KO 17000 und für Abwärtsstrecken der GG34Z4 KO 21400. Fazit: Zum Donnerstag hat unser Dax eigentlich oben wie unten keinen guten Eindruck gemacht und schien sichtlich Probleme zu haben überhaupt genug Volumen zu erhalten um sich noch in den Feierabend zu schieben, daher würde ich die Signalgebung aktuell etwas mit Vorsicht nehmen. Da wir unter 20000 bisher nicht wirklich Anschlussverkäufe gesehen haben, würde ich oberhalb von 20000 am Freitag nun auch wieder nur einen Rücklauf zur 20100 und drüber dann zur 20150 oder gar 20200 erwarten. Sollte unser Dax unter der 19950 aber anfangen zu schieben, wären 19830 / 19800 erreichbar wie auch 19730 / 19670, wobei ich letzteren Bereich dann vermutlich erst am Montag kommen sehen würde.