? ? Ticker: FIVN (NASDAQ) ? Setup: Symmetrical Triangle Breakout + Downtrend Break ? Breakout Zone: ~$22.60 (yellow zone + triangle apex) ? Trade Plan (Long Bias) ✅ Entry Range: $22.60–$22.80 ✅ Stop Loss (SL): Below $21.55 (white support level) ✅ Profit Targets: • TP1: $24.11 (prior resistance zone) • TP2: $25.80 (key breakout level) ? Risk-Reward Notes: • Clean triangle breakout with bullish momentum • Downtrend line broken with small-bodied candles → shows buildup • Potential volume expansion could confirm move • Risk-reward setup favors bulls above $22.60 ? Technical Highlights: • Downtrend breakout + higher low formation • Triangle breakout shows buyers regaining control • $24.11 is a key test level — watch reaction • Price held above strong support at $21.55 ⚙️ Trade Management: • Move stop to breakeven after TP1 • Trail SL using 9EMA or trendline • Monitor volume on push above $23 for momentum confirmation ⚠️ Setup Invalidation: ❌ Breakdown and close below $21.55 ❌ Bearish engulfing candle with high volume ❌ Price consolidates below triangle after breakout (fakeout risk)
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
https://www.tradingview.com/x/bEah1A1m/ Hello,Traders! NIKKEI stock index has Lost almost 27% from the ATH Which means it is clearly oversold And the index is about to retest A massive horizontal support level Of 30,000 which is a great spot For going long on the index And even if the support gets Broken I would still hold the Position expecting a rebound Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
? Overview: On the 30-minute chart of EXEL (Exelixis, Inc.), we're witnessing a symmetrical triangle breakout forming near a key confluence of support/resistance. This setup could lead to a potential bullish move if confirmed. ? Key Technical Highlights: Pattern: Symmetrical triangle Breakout Point: Near $34.85 (marked by yellow circle) Resistance Levels: Minor: $36.07 (red) Major: $37.21 (green) Support Zone: $34.10 (white line) Volume: Moderate, needs confirmation with breakout candle ? Trade Plan (Long Bias) ✅ Entry Zone: $34.80 – $35.00 (post breakout confirmation) ❌ Stop Loss (SL): Below $34.10 (trendline & horizontal support) ? Profit Targets: TP1: $36.07 (previous resistance) TP2: $37.21 (major resistance zone from March highs) ⚙️ Risk-Reward Considerations: Symmetrical triangle suggests price compression and upcoming breakout Risk:Reward ratio looks favorable if trade follows upward momentum Confirmation needed with volume breakout + strong candle close above triangle ? Educational Takeaway: This is a textbook case of price consolidation followed by breakout anticipation. Symmetrical triangles often act as continuation patterns, and when paired with horizontal support and volume analysis, they offer high-probability trade setups. Traders should always wait for confirmation—breakouts without volume can lead to fakeouts. Set tight stops and manage your trade dynamically as price action unfolds. ✍️ Final Thoughts: If you're actively trading stocks like EXEL, using clean patterns like this combined with defined entry/exit rules can dramatically improve consistency. Keep watching volume and price action for the final signal.
EUR/GBP is hitting high over the past few days. Looking for the correction now before we continue up higher. These levels look pretty solid for the short term as we did just break and retest the trendline we have bounced off of multiple times so far. On top of the break of the trend we have also set up a nice double top formation signaling for a strong potential for the correction to be coming shortly. The big question here is how big of a correction will we look for? I will trail stops into profit as we progress deeper into the trade. I am taking this trade even though I am bullish overall on the pair for a more long term approach. I am more the less hedging my long position to allow me to not enter drawdown and also secure some additional profits through the coming correction Let me know your thoughts here. Lets make some bread!
Price is approaching a key macro support zone. However, as long as it remains below the $148 level, I cannot rule out the possibility of one more corrective leg toward the $76–$55 range before a medium-term bottom is established and a potential resumption of the broader uptrend begins. https://www.tradingview.com/x/xxgGSXUg/ A breakout and sustained close above the $148 level would serve as the first technical signal that either: - a corrective wave B (preceding a deeper correction toward the macro support zone) is unfolding, or - a new long-term bullish trend aiming for all-time highs is beginning. Monthly outlook: https://www.tradingview.com/x/wOeK0Iw4/ My previous idea from November 2024 has fully realized its structure: https://ru.tradingview.com/chart/SOLUSDT/FAHb4atY-sol-usdt-volnovaya-analiz-makro-upd/ Thanks for reading and wishing you successful trading and investing decision!
GBP/JPY has posted a decline of more than 3% over the last four trading sessions, with bearish momentum growing as the market increasingly favors the Japanese yen in the short term. Demand for the yen has risen sharply since last week, when Donald Trump announced a minimum 10% tariff on all imports into the United States. This was further reinforced today by new comments proposing additional 50% tariffs on China, following Beijing’s announcement of countermeasures against the U.S. The yen is historically considered one of the safest currencies, and the recent surge in uncertainty has helped it hold strong against the British pound. Wide Sideways Range The pair remains within a broad long-term range, bounded by a ceiling near 198.676 and a floor around 186.932. Although recent selling has brought the pair close to the lower boundary, price action has not yet been strong enough to break this level, keeping the sideways channel as the dominant technical formation to watch for now. MACD The MACD indicator has started to show a shift in market momentum, with the histogram oscillating below the zero line. This reflects ongoing bearish pressure based on recent moving average behavior, and as long as this pattern persists, selling momentum in GBP/JPY may become increasingly relevant in the coming sessions. RSI The RSI also reflects a bearish tone, with the line currently holding below the 50 level. However, the indicator is gradually approaching the oversold zone near the 30 level, which is typically where selling pressure may begin to ease, potentially opening the door for short-term bullish corrections. Key Levels: 192.493 – Key resistance: Located in the middle of the broader range and roughly aligned with the 200-period moving average. Persistent price action near this level may signal the beginning of a bullish bias in the short term. 190.144 – Tentative zone: This level may act as a potential area for short-term bullish corrections. 186.932 – Current support: Positioned at the bottom of the broader range. If price action breaks below this level, it could pave the way for a much more significant downtrend in the sessions ahead. By Julian Pineda, CFA – Market Analyst
I recently published this idea privately because I was unable to post it publicly at the time. Now, I’d like to make it public. https://www.tradingview.com/chart/BTCUSD/vtgh0Qvb-BTC-Bottom-soon/ (Click the picture above to view the TA-Chart.) I'll be copying and pasting all the text from the original private idea here, along with the missing links I had prepared on April 2nd. The purpose of this chart is just to illustrate how my three target levels align with my Fibonacci retracement levels — which is also the reason I selected them. --------------------------------------------------------------------------------------------------------------------- We are currently in a complex situation. Markets have been experiencing a sell-off due to uncertainty surrounding Trump's tariffs. Additionally, Trump needs to refinance a massive sum of government debt ($7 trillion) over the next 10 years. To achieve this, he must lower the 10-year yield to reduce interest payments. One way to lower yields is by increasing government efficiency, thereby reducing borrowing needs and bond issuance, which in turn decreases yields. Another method is cutting interest rates, yet his tariff policies counteract this approach. This raises the question: does he want a recession? During a recession investors would flock toward bonds as a safe haven, ultimately pushing yields down. Bad Signs - Fed Atlanta GDPNow Gold adjusted at -0.8% - PMI below 50 - Major uncertainty due to enormous tariffs -> Michigan Consumer Sentiment (57) and Expectation (52.6) are at levels seen during the recession of 2022 - FED cannot cut interest rates due to persistently high inflation Are we heading towards a recession? People tend to overreact and overlook key indicators—one of which is liquidity. Examining the WTREGEN, we see a steep decline since mid-February, indicating that cash has been injected into the system. https://www.tradingview.com/x/OupZdF5w/ This is further supported by the rising RRPONT since mid-February. Additionally, the Fed has been slowing down QT, meaning the liquidity injection is not being offset as much. https://www.tradingview.com/x/mvTXz1NM/ Additionally due to the tariffs countries like China could bring a liquidity stimilus into the markets to help their domestic markets. In summary, liquidity levels should be sufficient for at least a blow-off top. The reason markets have not rallied yet is due to uncertainty stemming from Trump’s tariffs. This is reflected in recession-level Michigan Consumer Sentiment and the Fear & Greed Index. A key bullish signal would be a falling RRPONT alongside a declining WTREGEN, as this would indicate that cash injections are flowing into risk assets, showing regained confidence. For confidence to return, we need a positive catalyst, such as an stop to QT, an increase of the balance sheet or an interest rate cut. However, the Fed is holding off on cuts due to high inflation and the tariffs. But this is where it gets interesting: According to Truflation, inflation has dropped significantly below the Fed’s 2% target since early March. The Bureau of Labor Statistics (BLS) data lags by a full month, so if Truflation’s data holds any truth, the upcoming inflation report on April 10 may reflect this decline. This could restore confidence and provide the Fed with room to give us a positive catalyst. Where is BTC headed? Compared to my expectations from early february ( https://ibb.co/mCsjN8Cc ) I expect BTC to first move into the $78K–73K range before rallying toward $115K instead of rallying now at 82k. This range aligns with my Fibonacci levels, and 73K was the high of March 2024. Additionally there is currently a fractality compared to the bottom of 2022 where the bottom now would be rougly at 75k. https://www.tradingview.com/chart/BTCUSD/EfhcAQTk-BTC-Fractality-2022-Bear-Market/ To reach $115K, BTC must first break the black downward trendline and the double-top neckline at around $95K. My blow-off top target is $115K, and if BTC holds above $100K, I will eye $145K and $185K as the next targets. Furthermore there could be a chance that the tariffs are just a negotiation tool since the tariffs do not make any sense % wise. However if Trump does intend to impose these tariffs at the said % and other countries stab back with their tariffs, then we might actually see a stagflation if the Fed does not intervene-or intervenes too late.
NDX is currently testing a support zone that has been tested several times.
Two patterns have appeared 1. Bull flag pointing to $160,000 2. Head and Shoulders pattern with the $364,000 PT I would place probabilities of the bull flag PT at 85% and the H&S PT at 60%. NFA and GLTA