Morning folks, So, we set for 85K sell and it worked. Downside reaction happened, but still, we call you to move stops to breakeven for some case. The problem that we see is the market behavior. We see it not natural for normal bearish market. BTC stands stubbornly around K-resistance, not showing normal downside extension. Our scenario of downside continuation from ~85K area is not broken yet, it is valid, and maybe everything will happen as we've suggested initially. But we see the risk in the way of market behavior. It could lead to more extended upside bounce in the way of upside AB=CD pattern right to 88k resistance . It means that if you already have bearish positions - move stops to breakeven. If you don't - do not take the new once for awhile. Or, at least, you could take but not more than 25-30% of your normal lot. Our bearish scenario remains valid until market stands under 85.1K spike (because this is bearish reversal session on daily chart) and below 85.5K resistance in general. Upside breakout means an action to 88K. Since we do not have the breakout it, I mark our update as "bearish", but we warned you... Take care.
Currently, the price of Bitcoin is fluctuating around $83,000, and the trading activity has declined. At present, the forces of bulls and bears are in an equilibrium state. Looking ahead to the subsequent market conditions, it is necessary to pay close attention to the performance of the support range between $80,000 and $82,000. BTC trading strategies: btcusdt sell@85K-86K tp:82.5K-81K sl:87K I firmly believe realized profit and a high win - rate are the best measures of trading skill. Daily, I share highly precise trading signals. These include clear entry points, stop - loss levels for risk control, and profit - taking targets from in - depth analysis. Follow me for big financial market returns. Click my profile for a trading guide on trends, strategies, and risk management.
Post: ? USD/CAD Analysis: The price has broken below the ascending trendline, confirming a bearish trend. Currently, the market is retesting the previous support zone, with a high probability of further downside movement. ? Sell Setup: Entry: 1.43642 Stop Loss: 1.43941 (To avoid market noise) Take Profit: 1.43089 (Potential support area) ? This setup is ideal for traders who prefer breakout and retest strategies. Keep a close eye on price action to manage the trade effectively! ? Personal View: This trade offers a good risk-to-reward ratio, but be cautious of economic news that may cause volatility. What’s your take on this setup? Let’s discuss! ?
SELL 33.7700 | STOP 34.1800 | TAKE 33.2200 | Corrective movement.
Dear colleagues, I believe that the upward movement is not over yet. The bulls have gained strength and the upward five-wave movement is not over yet! I expect that the wave “3” of senior and middle order is not yet complete. Possible correction to the area of 2955.837, then I expect an upward movement to the area of 161.8% Fibonacci extension 3038.730. As usual - the upward movement is in priority, so I do not recommend short positions, but I recommend long limit pending orders. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Costco Wholesale Corporation (COST) is testing its 200-day moving average, an area that historically acts as key support. While this is not yet an official swing trade, the technical setup is worth watching. The stock has been in a strong uptrend for months, but recent weakness has brought it back to a crucial level where buyers may step in. Technical Analysis: Is COST Setting Up for a Reversal? 200-Day Moving Average Support – COST is currently testing its 200-day MA, a critical level where institutional buyers often step in. A successful hold here could trigger a bounce back toward previous highs. Oversold RSI – The Relative Strength Index (RSI) has dropped into oversold territory, a rare occurrence for Costco, signalling a potential rebound. PPO Divergence – The Percentage Price Oscillator (PPO) is showing early signs of a potential bullish reversal. If momentum picks up, we could see a rally in the short term. Key Resistance Levels – If COST bounces, initial targets would be $930-$950 (100-day MA backtest), with a full recovery aiming toward $1,000+ if market conditions allow. While COST is technically positioned for a bounce, broader market conditions and sentiment will play a role. Given Costco’s strong fundamentals, a confirmed reversal could present a solid swing trade opportunity. Costco’s Strong Financial Performance in Q2 2025 Costco recently released its Q2 2025 earnings report, highlighting continued growth across all segments. ? Key Financial Metrics: Revenue: $63.7B (+9% YoY) Net Income: $1.78B EPS: $4.02 Gross Margin: Improved to 10.85% ? Growth & Expansion: Membership Growth: Paid members surged to 78.4M New Warehouse Openings: 23 net new locations added E-Commerce Sales: Up 21% YoY Costco’s expansion efforts remain strong, with international growth in Canada, Mexico, the UK, and China. Despite economic uncertainties, Costco continues to thrive, reinforcing its reputation as a defensive retail giant. Conclusion: Is This a Buy-the-Dip Moment? With COST testing key technical support and a strong earnings backdrop, traders should watch for confirmation of a bounce before entering a long trade. If buyers defend the 200-day MA, it could offer a solid swing trade opportunity with a clear risk-to-reward setup. However, if weakness persists and the market continues to sell off, Costco could break below support, opening the door for further downside. For now, patience is key—waiting for a strong bounce before entering. ? Final Thought: If the market stabilizes, Costco’s long-term strength makes it a strong candidate for accumulation—but timing is everything.
? Gold Market Highlights (March 2025) ? Technical Outlook ?Bullish OUTLOOK ?Broke out and set new ATH ?Strong UPTREND: Sequence of Higher Lows ?Recommend to BUY DIPS 2925/2950 USD ?Price Target BULLS: 3050 USD - 3100 USD ? Historic Milestone Achieved ? Gold Futures Surpass $3,000 ? Gold prices hit an all-time high, closing above $3,000 ATH ? Major breakout in the precious metals market! ? Analyst Perspectives ? Continued Bullish Sentiment ? Both Wall Street & Main Street expect further gains beyond $3,000. ? Analysts see upside momentum continuing in the coming weeks. ? Market Dynamics ⚡ Factors Driving the Rally ? Global trade tensions & geopolitical risks pushing investors toward gold. ? Safe-haven demand surging amid uncertainty. ⏳ Historical Context ? Comparisons to the 1980 Bull Run ? Parallels drawn between the current rally and the historic 1980 surge. ❓ Can gold repeat history and extend its gains even further? ? Global Demand Trends ?? China’s Record Gold ETF Inflows ? Massive inflows into gold ETFs in China, signaling strong demand. ? Jewelry demand expected to stabilize as the economy recovers. ? Investor Behavior ? Increased Attention Amid Uncertainty ?️ Investors shifting focus to gold as a hedge against economic instability. ? Gold’s safe-haven status reaffirmed, attracting more institutional buyers. ? Final Takeaway: ? Gold is shining brighter than ever! ? ? Expect volatility, but long-term outlook remains bullish. ? ? Keep an eye on key resistance & support levels. ?
https://www.tradingview.com/x/EiOgZCgR/ It looks to me that AUDCHF will continue rising. A confirmed breakout of a neckline of a cup & handle pattern on a 4H time frame provides a strong bullish signal. The price will likely reach at least 0.5627 level soon. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Daily live trade with XAUUSD in 15m/30m/1h 20250317
Liquidity Sweep & Rejection: Price reached a high near 5,631.4 and got rejected from a supply zone (highlighted red box). This suggests a potential liquidity grab before a reversal. Entry Confirmation: The price has started forming lower highs and lower lows after the rejection. There's a consolidation after the rejection, possibly forming a distribution phase before moving lower.