Up trend in blue that is currently being tested, i expect a strong bull move off this up trend line Using the dotted white line an ascending triangle can be plotted This is the daily chart for BNB
This chart presents a long (buy) trade setup on GBP/USD (British Pound to US Dollar) 30-minute timeframe. Technical Analysis 1. Entry & Stop Loss (SL) ? Entry Zone: 1.29050 - 1.29100 (Purple Support Area) Stop Loss: Below 1.28850 (Red Box) 2. Target Zones ? Target 1: 1.29300 – Minor resistance, suitable for first take-profit (TP1). Target 2: 1.29500 – Stronger resistance level. Target 3: 1.29700 – Major resistance area, final take-profit (TP3). 3. Market Structure & Price Action ? The price reacted to the entry zone, a support level. A retest of previous demand zones before potential bullish continuation. Risk-to-Reward Ratio (RRR): Favorable, as upside potential is greater than downside risk. Bullish Confirmation: If price holds above the 1.29050 zone, an upward move is likely. Recent Fundamental Factors Affecting GBP/USD 1. UK Economic Data ?? UK GDP Growth: Slower growth than expected, but still in positive territory. Bank of England (BoE) Policy: No immediate rate cuts, keeping GBP stable. UK Inflation: Still above target, supporting a stronger GBP. 2. US Economic Data ?? Federal Reserve (Fed) Policy: Mixed signals from the Fed—some officials hint at rate cuts later this year. If the Fed pauses or cuts rates, GBP/USD could rise. US Non-Farm Payrolls (NFP) Data: Expected to show job market resilience. A strong NFP could push USD higher, pressuring GBP/USD. US GDP Data: Slower-than-expected growth could weaken USD, helping GBP. 3. Market Sentiment ? Risk-On vs. Risk-Off: If investors shift to risk-on sentiment (buying stocks, GBP), GBP/USD could move higher. If risk-off sentiment dominates (buying USD as a safe haven), GBP/USD may struggle. Conclusion & Trading Plan ✅ Buy near 1.29050 - 1.29100 with SL below 1.28850. ✅ Take Profits: TP1 (1.29300), TP2 (1.29500), TP3 (1.29700). ✅ Monitor: US economic data, Fed rate expectations, and risk sentiment.
current scenario suggest price to follow the bearish trend as todays low was broken after a early morning pullback that infuse the liquidity more on the supply side than demand and we saw a big red bar it is likely to come back at the area around 23000 to 22950 with minor intraday pullbacks
Pairs on Watch - FX:GBPAUD TVC:USOIL A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
recent impluse momentum with a formation of HL on 1h could be a sign of trend change trade entry at2.300 to 2.350 demand zone further up at 2.5 can be the potential pullback area and could then face resistance at 2.65 and considering the down side risk at 2.200 can be the stop loss as it is recent low that bulls will try to defend
for me its clear here. its a classic buy the rumour sell the news so when Trump will talk about tariff psssssss it will back down a lot also it go far up so fast and a legit good correction is welcome also high price made many as electronic and other goods ewpansive
nifty 50 rectracment wave 3 62 % in previous downside impulse and again breakdown wave c stoploss 23700 target 21720
1- Twizer Top 2- One can expect a pull back to Fibo 38.2 - 50% zone
EURUSD has shown a bearish divergence on 4h time frame and also broken its higher low and now market structure is shifted toward bearish along with that it is making a series of lower highs and lower lows, now it is forming a bearish flag patttern good short setup to trade. rest of the things are mentioned in chart DO YOUR OWN RESEARCH
Just be patient until the price drop ends. FX:EURUSD