On the daily timeframe, EUR/USD is moving in a 5-wave bullish structure ?. The critical support is at 1.1200 ?️ — as long as price stays above, the path is open toward 1.1717 and 1.2024 ?. However, a break below 1.1200 could signal a shift in sentiment ⚠️. Watch this level closely — it’s a key zone for trend continuation!
Overview: The BTCUSD pair shows clear signs of price consolidation within a well-defined range. With critical levels such as the Point of Control (POC) and Value Area Low (VAL) identified, traders have an opportunity to plan entries and exits with precision. Key Levels: Point of Control (POC): $96,000 (1D TF) – The level with the highest trading activity on the daily timeframe, currently acting as a pivot zone. Value Area Low (VAL): $88,000 (4H TF) – The boundary where buyers may potentially step in, signaling a key support area. Current Price Zone: The market hovers near the $96,527.71 mark, moving toward the $88,000 support. Analysis: Volume Profile Insights: The volume profile reveals strong participation near the POC, suggesting market indecision. A breach of this zone could lead to notable momentum. Price Movement Prediction: The chart projects a possible downward movement from the POC toward the Value Area Low around $88,000, driven by fading bullish momentum. Risk Management: Stop-loss levels could be placed slightly above the POC for short positions, while take-profit levels near the Value Area Low ensure a balanced risk-to-reward ratio. Trading Plan: Short Scenario: Look for rejection signals around the POC ($96,000) and enter short positions with a target of $88,000. Long Scenario: If price action shows strong support at the VAL, watch for bullish confirmation patterns to target a rebound back toward the POC. Closing Remarks: Consistency, discipline, and perseverance are essential for navigating the BTCUSD market. This setup offers clarity on key levels that could shape the pair's direction in the coming sessions.
ONDT Buy gradually from here with a short term target of at least 20%+.
The selling opportunity was announced earlier. XAUUSD successfully reached TP3306 and 3280. It is predicted that the market will reach 3250 again. So now is a good time to sell. When ADP is bullish. Continue to short after the rebound. If it is bearish. Then go short. The target is 3250-3230
By analyzing the gold chart on the 30-minute timeframe, we can see that, as expected, the price began rising from the $3310 zone yesterday and reached $3330, delivering a 200-pip gain. After that, selling pressure took over, and gold is now trading around $3277. Given the current market structure and today's important news events, I expect high volatility in both bullish and bearish directions. One of the key liquidity pools likely to be targeted today lies below $3259, and before any potential drop, we may see the liquidity gap between $3288 and $3303 being filled. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
We are keeping a close eye on the resistance level of 3260. If the market breaks above 3260, we will look for buying opportunities with a target of 3386. However, if the market fails to break above 3260 and shows signs of a correction, we will consider selling and may move down to the next support level of 3200.
CMCMARKETS:EURUSD The beginning of wave C from B after the completion of the triangle pattern.
Super Micro Computer Inc (SMCI) cut its third-quarter revenue and profit expectations due to delays in customer spending, amplifying worries of a pullback in AI-linked investments and pushing its shares down -16% pre-market. It has been 6 months since we issued a major buy signal on SMCI (November 07 2024, see chart below): https://www.tradingview.com/chart/SMCI/9LBV9zNx-SMCI-is-85-a-buy-opportunity-while-accounting-issues-continue/ Even tough our $122.50 long-term Target still stands, we have to move it later on the time-line until the economic outlook shows the positive signs of 2024 again. Until then, we have a more medium-term Target of $80.00, which is on the 0.786 Fibonacci retracement level, the same level the price hit in March 2019, following the first U.S. - China Trade War in 2018. As you can see, the recovery patterns in terms of 1W RSI between the two fractals are almost identical. Right now the stock is basically consolidating within the 1W MA50 (blue trend-line) and 1W MA200 (orange trend-line), waiting for the next round of expansion news for the market, to break above the Triangle. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ?????? ? ? ? ? ? ?
Hello everyone, it’s April 30, 2025. The TVC:DJI just closed its sixth consecutive green session, with markets clinging to hope as rumors swirl of a first tariff deal—possibly with India—though nothing is confirmed. That tiny breadcrumb of optimism was enough to boost sentiment late in yesterday’s session, even if volatility is dipping below 25% and investor enthusiasm seems to be fading in lockstep. U.S. macro data continues to paint a picture of “not great, but not terrible.” Consumer confidence and job openings (JOLTS) came in below expectations but not disastrously so, prompting markets to collectively shrug and declare everything “less worse than feared.” It’s a strategy now: ignore bad data as long as it isn’t apocalyptic. As earnings roll in, companies are split between those who pretend the tariff storm is “manageable” (hello, NASDAQ:COKE ) and those flying blind through economic fog ( NYSE:UPS , Snap, and Super Micro—who might be losing a major client named Nvidia). The overall takeaway? Visibility is garbage, and most companies are bracing rather than building. All eyes are now on today’s so-called Super Wednesday, packed with economic data (U.S. GDP, PCE, ADP jobs, Chicago PMI) and mega-earnings from NASDAQ:MSFT and NASDAQ:META . But as usual, expectations may outpace reality. Markets often dream of clarity and wake up to more noise. Meanwhile, China flashed its first big red light: a manufacturing PMI of 49, signaling contraction—the lowest in two years. No shock, considering their ongoing trade war with the U.S., which seems to be giving the global economy the flu. On the political front, Trump celebrated his 100 days in office with a campaign-style detour to Detroit, throwing shade at Fed Chair Jerome Powell while declaring the economy in perfect health (despite the worst market performance since Nixon’s early days). He promised tax cuts, again, while doubling down on trade threats. Powell, of course, is just trying to survive the week. Oil briefly dipped under $60 as markets considered the broader implications of economic warfare, gold sits at $3,311, and Bitcoin hovers around $95,000—looking resilient despite the madness. As for corporate earnings, Starbucks missed on sales due to weak U.S. demand, Pfizer beat on EPS but saw revenue fall, and Visa continues to rake in profits as Americans keep spending like inflation isn’t real. Novartis crushed it but got no love from the market because apparently, +22% net income just isn’t sexy enough. In short: chaos remains king. Markets seem oddly calm on the surface, but under the hood, it’s still all about tariffs, Trump tweets, and the fantasy that maybe—just maybe—some clarity will come today. Don’t hold your breath. Enjoy the ride, and see you tomorrow for more market mayhem.
Gold has once again backed to the 3270 region and rejected it, currently trading at 3280$. The main question is whether gold will hold on to this level. If not, we could see a strong sell-off taking the price to 3130. This is because the sellers’ presence has increased, and the price has been volatile due to mixed news and economic data, further strengthening the bears’ position in the market. Despite this, we remain optimistic that gold will continue its bullish move upwards. There’s a strong reason for this: we may see all-out war happening in Asia, although this is purely speculative. For now, you may decide to continue monitoring the price or even take a swing buy, which could be risky. Given the volatility of gold, we recommend trading cautiously and taking extra precautions while trading gold. Wishing you good luck and safe trading! Thank you for your support! ? If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️?