In a relatively high area on H4, possible consolidation in a triangle pattern.
BTC is showing strong bullish momentum, currently pushing $84.6K and maintaining an upward trajectory. Here’s the key outlook: ? Uptrend Confirmation: BTC holding above key support, signaling continuation. ? Target: $86K– FWB:88K in the short term. ? Resistance: $86.7K – Breaking above this level could accelerate the move to FWB:88K +. ? Pivot Point: $82.9K – A key level to watch for potential pullbacks. ? 1H Timeframe Outlook: Buyers remain in control, reinforcing the bullish setup. If BTC maintains its momentum and breaks resistance, we could see new highs soon! Keep an eye on volume and market sentiment. #Bitcoin #BTC #Crypto #BullishTrend #CryptoTrading #TradingView #CryptoAnalysis
FOREXCOM:XAUUSD 4hr support reject 15 min conformation 1hr support 1st target 4 hr supprt 2nd target 1 day support 3rd target
Super strong largecap corrected almost 45% from last high.Now trading at strong support zone.Add this to your watchlist and Portfolio for long term.Risk Reward is best.See how it perform in coming days.Thank You.
✍ ✍ ✍ Gold news: ➡️ Gold prices fell on Tuesday as traders took profits while awaiting Liberation Day on April 2 in the United States, an event where President Donald Trump is expected to announce additional tariffs aimed at addressing trade deficit imbalances. ➡️ Market sentiment remains mixed, as reflected in U.S. stock markets. Investors are anticipating the latest U.S. tariffs set to be announced on Wednesday, with speculation that they will be applied globally and could reach up to 20%, according to The Washington Post. Personal opinion: ➡️ The uptrend remains strongly reinforced as gold fails to break below the 3100 level. Currently, buyers are taking a break and watching tariff news, so a new ATH is unlikely. The market is expected to move in the range of 3100 - 3150, you should consider strong support - resistance zones to make the best profit ➡️ Analyze based on important support resistance levels and Volume profile combined with EMA to come up with a suitable strategy Resistance zone: 3132 - 3148 Support zone: 3122 - 3113 - 3100 Plan: ? Price Zone Setup: ?Buy Gold 3112 - 3114 (Scalping) ❌SL: 3109 | ✅TP: 3117 - 3120 - 3125 ?Sell Gold 3147- 3149 ❌SL: 3154| ✅TP: 3143 – 3137 – 3130 ?Buy Gold 3100 - 3098 ❌SL: 3093| ✅TP: 3106 – 3112 – 3118 FM wishes you a successful trading day ???
Currently, gold prices are attracting some dip buyers after the previous day's pullback from record highs amid persistent safe-haven demand, driven by concerns over a global economic downturn due to tariffs. Furthermore, expectations of a Fed rate cut and the lack of USD buying interest provide additional support for FX:XAUUSD From a technical perspective, we see the Bollinger Bands showing signs of price narrowing, indicating that long-term buying or selling at this moment is risky. We are looking for key areas to buy or sell as the main trend remains sideways. For instance, if the price drops below 3145, we might consider selling, while a rise above 3105 could signal a buying opportunity. Happy trading, and may your trades be profitable!
short to the end of April under 20000. i hope 19000 or even 18000. but 19000-20000 is enough.
I entered a short successfully around the middle of the range. Holding lower partials
This chart represents an analysis of Gold (XAU/USD) price action, focusing on key resistance and support levels. The resistance zone is identified at approximately 3,136.62, where price action has previously struggled to break higher. Meanwhile, the support zone is marked around 3,100.95, acting as a potential area where buyers may step in to prevent further declines. The chart suggests a potential rejection at the resistance level, leading to a price decline toward the support zone. The projected movement involves price testing the resistance level, forming a possible consolidation or double-top pattern before initiating a downward trend. This scenario aligns with a bearish outlook, where traders may seek confirmation signals, such as bearish candlestick patterns or momentum indicators, before considering short positions. However, if price action breaks above the resistance level with strong momentum, the bearish outlook may be invalidated, potentially signaling a continuation of the bullish trend. Traders should apply proper risk management strategies, including stop-loss placement above resistance, to mitigate potential losses. Overall, this technical setup provides a structured approach to analyzing gold price movements, offering traders insights into possible market behavior based on historical price action.
The Japanese Yen (JPY) fails to capitalise on the previous day's modest gains against its US counterpart and attracts fresh sellers during Wednesday's Asian session. The USD/JPY pair, however, remains in the range it has been in since the beginning of this week as traders await a new catalyst before positioning for the next leg of directional movement. As such, attention will remain focused on US President Donald Trump's announcement of retaliatory tariffs later today. Meanwhile, speculation that the slowdown in the economy caused by the tariffs may force the Bank of Japan (BoJ) to keep policy steady for now is undermining the yen. However, investors seem convinced that the BoJ will continue to raise interest rates amid signs of rising inflation in Japan. This is a significant divergence from the growing confidence that the Federal Reserve (BoJ) will resume its rate-cutting cycle in June, and should support the lower-yielding Japanese Yen. Trade recommendation: SELL 150.00, SL 150.90, TP 148.60