with the push to the upside in the 1hr crossing a previous resistance. using fib retracement getting in on this analysis
Price is awaiting a movement towards $18,000 and currently in a distribution phase.
? Hello Trader Oil has formed a rising wedge pattern and is showing signs of a breakdown. A move below $66.62 could confirm further downside momentum, with a target at $65.82. The stop loss is placed at $67.69 to manage risk effectively. This setup presents a strong shorting opportunity with a favorable risk-to-reward ratio.
#GOLD.. perfect move as per our video analysis and congratulations to all followers. now we have 3025 - 27 as a immediate supporting area guys, keep close that region because if market hold it in that case we can expect further bounce to upside. don't be lazy here and focused on our today immediate supporting area. good luck trade wisely
In this forecast we're analyzing 2H time frame for GBPJPY. Today I'm looking for a potential buy trade setup. According to my analysis and strategy when price enters in my key levels as shown in the chart and give any bullish confirmation like candlestick pattern or price action. After taking confirmation we'll trigger our trade. Confirmation is most important part of this analysis. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis. Further updates related this analysis will posted soon once price reach our levels. #GBPJPY 2H Technical Analysis Expected Move.
Good Evening and I hope you are well. comment: Neutral. Today was really bad for the bulls. The rejection from 20000 should not have go so deep. I now think we will likely chop between 19000 - 20000 until Opex. Bulls had the momentum on their side and the breakout above 20100 was strong enough to go higher but here we are. Lows 19346 have to hold or we flush to 19k. Around 19700 I’d rather do jack shit. 50% of this range is Monday’s low at 19755m which was also late resistance today. current market cycle: strong bear trend but pullback expected key levels: 19000 - 21000 bull case: Bulls did good and then fumbled it hard. They now need to keep this a higher low above 19346 or we could flush down to 19000. Technically this is a trading range 19300 - 20200 and we could make lower lows and higher highs in this range, give or take. My assumption was stronger buying into opex but for that we needed to stay above 19700ish. Now what could convince me that this could become a strong short squeeze into Friday? Immediate reversal during Globex and a grind up to 20000 before EU opens. Very very unlikely. One last tiny argument bulls could have is the retest one but for that today’s low has to hold and we just have to grind up. Invalidation is below 19604. bear case: Bears outdoing themselves currently. Strong surprise today and now I think any upside is likely limited to around 21200. If bears are really strong, we make lower lows tomorrow and then chop into Opex on Friday. I see this as low probability and I would prefer sideways inside the current range. short term: Neutral around 19700. Bearish around 20000 if bears come around again and bullish if we reverse strongly from either 19600 or 19400. medium-long term - Update from 2024-03-16: My most bearish target for 2025 was 17500ish, given in my year-end special. We don’t know if we have printed the W1 of the new bear trend or repeat the pattern from 2024, where we sold of very strong to reverse even more strongly and make new all time highs. Market needs a bounce and around 20000/20500 we will see the real battle for the next weeks. trade of the day: Long during EU session was decent but more so for dax. This short on US open obviously but I don’t think it was easy, given the bullishness before.
Structure & Market Behavior: The market made a strong bullish move from the green highlighted zone labeled as "unmitigated order flow", pushing up with a clear Break of Structure (BoS) on the left side. A strong rally continued until it peaked (highlighted by the blue dot). After the peak, the price dropped, creating a Lower High (LH) and Lower Low (LL) structure, suggesting a bearish shift. Key Elements Marked: Order Block (OB): A bearish OB is marked on the right side near the current price level (~96.4). This could act as a resistance/supply zone. Equal Highs (EQ_H): Indicating a liquidity pool where market makers may hunt before a reversal. Market Pattern: A minor bullish bounce is expected from current levels before a sharp drop. Forecasted Path: Price might grab liquidity above EQ_H (false bullish move), then reverse sharply downward. Target area: Green zone near 40-50 SAR — previously unmitigated order flow/demand zone. Final projected low is marked around 31.75, which might be an exaggerated worst-case scenario. Conclusion: Your chart suggests that the price is in a distribution phase and likely to experience a major sell-off after a liquidity grab above EQ_H. The long-term bearish bias is supported by: Order block rejection Equal highs as liquidity targets Previous bullish rally needing rebalancing (Fair Value Gap / Order Flow)
im looking to continue buying the gbpusd pair as the trend still has strength and a break above 1.3000 could potentially send gu much higher and use 1.3000 as a support area after price has manipulated and liquidated early buyers.
Bitcoin (BTCUSDT) is currently trading within a key range, with 80,000 acting as support and 85,000 as resistance. Trade Setup: ? Buy Entry: Around the current level or 82,000 ? Take Profit 1: 84,000 ? Take Profit 2: 87,000 ? Stop Loss: 80,000 Technical Analysis: ✔️ The price has bounced from the 80,000 support zone, indicating a strong buying signal. ✔️ If the price breaks the 85,000 resistance, the next target is 87,000. ✔️ A clear rejection from 80,000 suggests potential upside momentum. ? Watch for confirmation signals before entering the trade.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Nemetschek SE Stock Quote - Double Formation * 105.00 EUR | Area Of Value | Completed Survey * Wave (3)) Extended | Feature & Entry Area | Subdivision 1 - Triple Formation * 1.618 & 0.5 Retracement Suggestion | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 110.00 EUR * Entry At 119.00 EUR * Take Profit At 133.00 EUR * (Uptrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy