Instrument: XAUUSD (Gold vs. US Dollar) Timeframe: 15 minutes Indicators: EMA 200 (Blue): 3,170.78 (long-term trend indicator) EMA 30 (Red): 3,231.53 (short-term trend indicator) --- Key Levels: Entry Point: 3,226.55 (highlighted with a blue arrow and line) Stop Loss: 3,213.38 (purple zone bottom) Target (Take Profit): 3,272.25 --- Trade Setup: Type: Long (Buy) Position Risk-to-Reward Ratio: Risk: ~13.17 points (from 3,226.55 to 3,213.38) Reward: ~45.7 points (from 3,226.55 to 3,272.25) R/R Ratio: Approximately 3.5:1, which is favorable --- Market Context: Price is curren
Sure! Here's a detailed description of the chart: --- ### ? **Chart Overview** - **Asset**: AUD/USD (Australian Dollar / U.S. Dollar) - **Timeframe**: 1-hour (1H) - **Platform**: TradingView - **Date/Time**: April 13, 2025 --- ### ? **Technical Elements on the Chart** 1. **Trend Context**: - The chart shows a **downtrend**, followed by a **sharp reversal** and steady **uptrend**. - The downtrend made lower lows until a significant shift occurred, forming higher lows and higher highs — a potential **trend reversal**. 2. **Highlighted Zones**: - **Inducement Zone (Purple Box)**: - Positioned at the top right between **0.63401 and 0.63940**. - This is likely a **liquidity zone**, where price may entice traders into long positions (buy inducement) before reversing. - Labeled explicitly as **"Inducement"**. 3. **Support Formations**: - Two **swing lows** are circled in orange near April 6 and April 9. - The second low is labeled **"L.S"** — possibly meaning **Liquidity Sweep** or **Left Shoulder** (if part of an inverse head-and-shoulders pattern). - These lows were followed by a strong upward move, suggesting a **stop-loss hunt** before a bullish rally. 4. **Current Price Action**: - Price is currently trading around **0.62902**. - It's moving upward toward the inducement zone, potentially seeking liquidity or a supply reaction. 5. **Shaded Area**: - A **gray shaded rectangle** projects upward toward the inducement zone. - Likely represents a **forecasted bullish move**, showing where price is expected to reach before encountering resistance. --- ### ? **Price Levels of Interest**: - **Current Price**: 0.62902 - **Inducement Zone**: 0.63401 – 0.63940 - **Swing Low Support**: Around 0.59559 (marked on the right) --- ### ? Summary The chart illustrates a **liquidity-based trading concept**: - Price made **equal lows**, swept them (liquidity grab), then reversed bullish. - Now, it's approaching a **potential trap zone (inducement)**, where smart money may be looking to offload positions or reverse the market. - The setup implies a **bullish move into resistance**, followed by a possible **bearish reaction**.
USDCAD is approaching major weekly support after the multiple weeks of a sell of off; in line with a .618 fibronacci retracement. Although as price rest on this level of demand, it will need a few days to mature. -On the daily time frame we see an overextension to the downside as the RSI nears 30 with levels in line with weekly as well. -Personally I'll be waiting for price to mature on the 4hr timeframe to take entry on some buys. - https://www.tradingview.com/x/jSibmnkH/ https://www.tradingview.com/x/VghuXqIk/
https://www.tradingview.com/x/NSn8K34H/ It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SILVER chart which, if analyzed properly, clearly points in the downward direction. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
This is a S&P 500 Weekly Chart and it’s on a perfect uptrend since the covid bottom, and on a shorter time frame, it has also broken the time frame. It has also touch the 2022 support which is around 4800. I expect it to retest the recent bottom and maybe even a lower low, I think it can make a fib extension and retest 4250-4300.
Nvidia (NASDAQ: NASDAQ:NVDA ) is quickly strengthening its positions in artificial intelligence and data center technologies. This comes as the U.S. government temporarily halts new export restrictions, offering relief to the semiconductor sector. Nvidia will continue selling its H20 AI chips to China following a decision not to enforce new trade limits. This followed a key meeting between CEO Jensen Huang and former President Donald Trump. The announcement eased concerns over losing access to a major international market. Nvidia recently introduced its latest innovation, the Blackwell Ultra AI chips, at the GPU Technology Conference. These chips target the rising demand for high-performance computing used in AI systems. The move could boost Nvidia’s market lead as competition grows. Market volatility followed the government’s tariff update. Nvidia stock surged nearly 19% after the 90-day tariff pause announcement, excluding China-specific measures. The next day, the stock dropped 5.8% to close at $107.74. Technical Analysis Nvidia's price bounced sharply from the $92 support zone. This area has attracted strong buying activity. The RSI is currently at 44, showing neutral market momentum. The key resistance level to watch is $153.13. If the price breaks this level, it could rise toward a new all-time high. Failure to do so may lead to a pullback toward $92. Watch the $153 level closely for confirmation of trend direction. Nvidia's recent price movement leaves room for both uptrend continuation and short-term correction depending on upcoming market signals.
https://www.tradingview.com/x/3kK9ZCnq/ My dear friends, BTCUSD looks like it will make a good move, and here are the details: The market is trading on 83747 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 84807 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Market Structure Overview Previous Trend: Strong bullish move after a long bearish trend. Current Behavior: Price has entered a higher-timeframe supply zone (highlighted in green) and is showing signs of rejection. Supply Zones: Major Supply: 1.31750 – 1.32000 Minor Supply: 1.31000 – 1.31300 Demand Zones: First Demand Zone: ~1.30380 Second Demand Zone: ~1.29919 ? Trade Setup & Plan ?️ Primary Bias: Bearish Rejection from Supply ? Scenario 1: Ideal Short Setup Entry: Around current price (~1.30824) or after a retest of the 1.31000–1.31300 zone. TP1: 1.30380 (first demand zone) TP2: 1.29919 (second demand zone) TP3 (extension): Below 1.29000 if momentum continues SL: Above 1.31300 (to avoid fakeouts in supply) ? Reasoning: Price failed to break above supply with strong rejection wicks. Break of structure + liquidity taken above local highs = possible start of bearish leg. ? Scenario 2: Pullback Before Continuation Lower Wait for Break of 1.30380, then look for pullback entries (break & retest). Entry: On bearish confirmation after price retests 1.30380 zone from below. TP: 1.29919, and if broken, continue to trail toward 1.2900s ✅ Extra Notes Watch for rejection patterns (e.g., pin bars, engulfing candles) on the 15M or 30M to confirm entries. Avoid entries during high-impact news, especially UK or US CPI, interest rate decisions, or NFP. Manage risk wisely: Max 1-2% per trade.
This looks like a very promising setup. I should note, it is worth zooming out on this chart to see the full view of it because the down sloping trend line has a lot to play in this setup. The double bottom has passed which is a reversal pattern, and the Triangle has now come up which is a continuation pattern. It is important to note that both of the chart patterns are of similar size which helps to validate the move. With the Triangle we are now waiting to see if it crosses the down sloping trendline. If we get this happening, it is likely we will get a pop to 0.083, and a retest of the trendline and the current resistance level. If the retest only goes as far as the trendline that will be very bullish, however we will keep our expectations tempered. You could start accumulating here, but I'd rather wait to derisk and see if it can break and hold 0.065 and start buying there, or of course, buy some now and buy some more later. Up to you. The stop level is 0.047, and the initial target is 0.165. That makes a 25% risk for a 150% gain.
American Airline (AAL) in recent years has had major news coverage due to various collisions and other events. The technicals appear to show some strong bearish momentum forming on the 1 Week chart. Will the airline company coming crashing down? Or is this currently a discounted buying opportunity? What are your thoughts?