The GBPUSD currency pair presents two promising opportunities for entry, potentially generating gains exceeding 500 pips. However, entering these markets carries a substantial risk of stop-loss hunting during the commencement of the week. Conversely, adopting a safe entry strategy offers a favourable chance for a bullish position. We encourage you to share your thoughts and feedback on our ideas. ❤️? Team Setupsfx_
Hey Traders ? Solana’s price action is currently moving within a large symmetrical triangle, which in my opinion is great news — these patterns often give us clean and predictable movements. Let’s take a look at the two most likely scenarios: Scenario 1: Inverse Head & Shoulders (Daily TF) https://www.tradingview.com/x/FmIJJVHE/ In this case, price could attempt a breakout, retest the triangle support, and reclaim the daily horizontal support — setting the stage for bullish continuation. Scenario 2: Consolidation Before Breakout https://www.tradingview.com/x/wT2Jb84E/ This one seems more probable. I’m expecting a consolidation phase inside the triangle before a true breakout. A classic liquidity grab and shakeout might occur first — washing out weak hands before the actual move. I’ll talk about potential price targets and invalidation levels in my next idea, as it’s still early to finalize that. Make sure to follow for real-time updates, and as always: ? Discipline is rarely enjoyable, but almost always profitable. KIU_COIN
On Friday, the GBP/USD traded and stopped at 1.2943, hovering near the upper end of the recent trading range. The currency pair has regained the ground above the 50-day Exponential Moving Average (EMA) at 1.2933, and currently, this level serves as an intraday support level, while the 200-day EMA at 1.2896 continues to underpin the broader momentum. The price movement is approaching the resistance zone of 1.2973 to 1.3008, which has restricted multiple rebound attempts this month. Breaking through this level may reach 1.3014. On the downside, the pivot point at 1.2937 and 1.2903 remain key levels worthy of attention. The short-term structure is constructive, but the bulls need a clear breakout to confirm the continuation of the trend beyond the resistance of the downward trend line. Trading strategy: buy@1.2910 TP:1.2970-1.2990 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
I’m not entirely sure, but my gut says aluminium will sink even lower, faster than the Titanic. If not, guess it learned to float. Profit if I’m right, lesson if I’m wrong! Just my opinion, not financial advice.
If the price reaches the marked area, we can expect a rejection from this area. If the area breaks, the bears will continue.
Expecting all out displacement on Gold towards 3211. Massive bullish expansion in place
I analysed when monthly RSI of NVO has fallen below 40, which it had in 3 cases this century. When buying at that level, it lead to significant returns of at least 500% until the next top after which it dropped to that level again.
Silver on a 1-hour timeframe. The analysis highlights key market structures: Downtrend Channel: Initially, the price was in a downward-sloping channel (green-highlighted area). Breakout and Uptrend: The price broke out of the bearish channel, forming an uptrend. Resistance and Support Levels: The resistance trendline (black) acted as a price ceiling where sellers emerged. The support level (blue) helped buyers regain control, leading to price continuation. Current Setup: The price is consolidating around the 34.1120 level after testing the 34.5000 mark. A potential bullish breakout or retracement towards support could be expected. This analysis is useful for traders looking to identify trend reversals, breakout opportunities, or support and resistance confirmations. Note: This is not a trading signal, just my personal analysis based on current market trends.
There could be a big pull back approaching on the weekly time frame so watch out for price breaking higher lows and retesting could be a big sell
Hey everyone, Going to keep this short because I feel like, between projections and levels, I have a good idea of what is going to happen next week. The chain of events seem to be gap down/ or sell towards 550 / 549, then up to 557 (which is also our reference target, that yellow line in the chart) where we see rejection to sub 550. I am a little shook that this is moving super quick, but the last correction in a Trump era was fairly swift, tumbling over 20% in the span of maybe 3 months if I remember correctly (2018). But it was a complex market because there was an initial collapse, then a choppy grind up to highs, then an even deeper sell. I am hoping that this does not repeat because that would be annoying. Here is the forecast: https://www.tradingview.com/x/jaSl1LrD/ The red line is the best fit projection. Looking at the forecast overlaid with the levels for next week it does really align well with the move to 557. If we are to break over 557, then I would be looking for a cap at 559. The best fit low is 546, which means dropping below previous support. The ultimate target as of right now is a move back to the quadratic mean in the 490s. Though we could find support on the upper confidence level. If we are doing a very fundamental correction, 472 is SPY's mean based on the US money supply: https://www.tradingview.com/x/YOYZElzo/ As of right now the target to really just care about is 546. And as a side note, there was a ton of volume uptick in that 555 range. We only hit it on Friday, but over the last 5 days, 555 comprised the HIGHEST volume, all selling, to the point of being SPY's 5 day POC. That is pretty intense for a new low on the week achieved Friday a few hours before market closed for the weekend to comprise the most volume and it being 95% in one direction. This stark EOW volume generally would lead to gap in the direction of the volume, which was bearish, so hence I do expect a bit of a gap down. Anyway, those are my thoughts, keeping the idea fairly simple this week because I'm tired haha. Safe trades, enjoy your weekend! P.s. Thank you as always to Tradingview for allowing people to do plots with pinescript on public ideas! ???