The H4 Timeframe is bearish because now it is creating Lowerlow and Lowerhigh
The GBPUSD currency pair price action sentiment appears bullish, supported by the prevailing uptrend. The recent intraday price action appears to be a sideways consolidation towards the previous resistance. The key trading level is at 1.2940 level, the previous consolidation price range. A corrective pullback from the current levels and a bullish bounce back from the 1.2940 level could target the upside resistance at 1.2994 followed by the 1.3070 and 1.3123 levels over the longer timeframe. Alternatively, a confirmed loss of the 1.2940 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 1.2866 support level followed by 1.2813 and 1.2740. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Volume BOS liquidity created for sweep extreme FVG entry
In this video, I’m sharing a high-probability trade setup on USDJPY, explaining exactly why I am taking a buy, how I arrived at this decision, and my clear target for this trade. ? What You’ll Learn: ✅ Detailed technical breakdown of USDJPY ? ✅ How I analyze market structure for trade confirmation ? ✅ Key liquidity zones & areas of value ?? ✅ How to set realistic targets and manage risk ? ✅ Smart Money Concepts (SMC) & price action analysis Whether you're a beginner or an advanced trader, this breakdown will help you understand the thought process behind a well-planned forex trade setup. ? Watch now and let’s break down the market together! ? Drop a comment – Do you agree with this trade setup? What’s your outlook on USDJPY? ? ? Like & Share this with a trader who needs it!
OANDA:XAUUSD market gapped up and continued to rise, reaching a new all-time high. It has already approached the resistance zone I highlighted in the weekly forecast and is above the 3100 level, which could serve as an entry zone due to the range and upward trendline below. As the monthly candle is set to print today, I believe the price may trade sideways around the current levels. However, if the price makes a correction toward support and rejects it, we should look for a buying signal in the market. My goal is resistance zone around 3150 Traders, If you liked this educational post?, give it a boost ? and drop a comment ?
Trend Overview: The FTSE 100 remains in a prevailing uptrend, with recent price action reflecting a corrective pullback towards a previous consolidation zone, now acting as a support level. Key Levels: Support: 8550 (key level), 8490, 8430 Resistance: 8614, 8655, 8700 Bullish Scenario: A pullback to 8550, followed by a strong bullish reversal, could confirm the support level and signal further upside momentum. A breakout above 8614 may open the way toward 8655 and 8700 in the longer term. Bearish Scenario: A daily close below 8550 would weaken the bullish outlook, increasing the likelihood of a retracement towards 8490, with 8430 as the next downside target. Conclusion: The FTSE 100 remains bullish above 8550, with potential upside targets at 8614, 8655, and 8700. However, a break below 8550 could shift momentum to the downside, targeting 8490 and 8430. Traders should watch price action near 8550 for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
OANDA:XAUUSD - The higher degree wave ((3)) from the weekly timeframe has peaked. Trading out of the channel's lower boundary and then below 3012 will be additional bearish evidence a larger wave ((4)) is in play.
- Key Insights: Bitcoin is positioned at a critical juncture. Its price movement will depend significantly on maintaining support levels amidst market volatility. Despite economic turbulence, increasing institutional interest, particularly from BlackRock and Fidelity, presents a promising long-term outlook. Regulatory developments are likely to provide a more stable growth framework for cryptocurrencies. - Price Targets: Based on current insights, aims for next week are as follows: T1 = $88,500, T2 = $92,000. Stop levels to safeguard your position should be set at S1 = $81,000 and S2 = $79,000, ensuring risk is managed if market conditions turn unfavorable. - Recent Performance: Bitcoin's recent activity is marked by struggles akin to tech stocks, displaying increased volatility and correlation with broader equity markets, particularly due to international tariff tensions impacting investor sentiment. - Expert Analysis: Experts highlight the importance of Bitcoin sustaining above its moving averages to potentially reach a blowoff top, while current policy and regulatory efforts are seen as an opportunity for enhanced market stability and innovative growth in the cryptocurrency sector. - News Impact: Scheduled international tariffs on April 2nd are expected to introduce volatility across financial markets, a factor that could affect Bitcoin's performance. However, the notable entry of institutions like BlackRock into the cryptocurrency domain signals significant confidence in the market's future, despite ongoing economic and geopolitical challenges.
TRADENATION:BTCUSD Bitcoin has formed a double top pattern, confirmed by a breakdown below 89,199, signalling potential for further downside. Additionally, a bearish flag breakdown in recent sessions suggests continuation lower. This morning’s gap down highlights market weakness, but a fill of this gap at $83,543 may offer an ideal entry for short positions. Trade Details Entry (Sell Limit): 83,543 Stop Loss: 87,992 Take Profit: 70,613 Risk/Reward Ratio: 2.9:1 Key Levels Resistance: R1: $83,543 (Entry Point) R2: $85,819 R3: $88,767 Support: S1 : 76,590 S2: 70,531 S3: 63,411 Technical & Fundamental Factors ✅ Double Top Formation – Breakdown below 89,199 confirms bearish momentum. ✅ Bearish Flag Breakdown – Indicates continuation of the current downtrend. ✅ Gap Lower – Signals further weakness; gap fill at 83,543 offers a selling opportunity. ⚠️ Smart Money Not Buying – Commercial participants are selling Bitcoin, suggesting a lack of institutional support. Summary This setup offers a high-probability short opportunity at 83,543, targeting a move down to 70,613, with a stop at 87,992. The combination of technical breakdowns and weak institutional demand supports a bearish outlook. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
- Key Insights: Crude oil sees potential upward momentum with prices trading above the 8-day moving average. Market sentiment favors short-term recovery despite mid-level volatility due to geopolitical tensions and supply-demand dynamics. Analysts emphasize crude oil's undervaluation and opportunities due to supply constraints and potential oil production peaks by 2025. - Price Targets: Next week targets aim for a recovery from the current level. Tight stops and returns provide a trading framework. - T1: $71 - T2: $72 - S1: $67 - S2: $66 - Recent Performance: WTI crude oil is trading around $68, with predictions suggesting a pullback to $67 before potentially rising. Trading above its 8-day moving average suggests persisting upward momentum, pending market movement. Market volatility exists due to fluctuating demand-supply dynamics and geopolitical factors, with price support at $64.75 and resistance around $70 to $73.50, indicating critical levels for potential trends. - Expert Analysis: Analysts highlight the undervaluation in commodities, including crude oil, suggesting investment opportunities as the energy sector benefits from supply constraints. Expectations exist for peak oil production by 2025, which could lead to long-term market shortages and volatility. Companies like Occidental Petroleum remain sensitive to price variations, focusing on debt reduction and dividend increases. - News Impact: Geopolitical tensions related to Russian, Iranian, and Venezuelan oil could pressure supply chains and affect price stability. The move towards renewable energy continues to reshape long-term demand; however, robust demand is anticipated until major shifts occur. China's crude oil strategies will significantly impact global supply and price alignment. Monitoring these developments is crucial for understanding future price trajectories in the crude oil market.