1. Trend Identification Short-Term Uptrend Developing: The price is trading above the 200-period moving average (blue line), indicating bullish momentum. The Point of Control (POC) at 33.017 suggests a key liquidity zone where buyers have been active. Key Resistance Levels in Focus: The price is currently struggling near 33.043, with the next resistance at 33.259 (higher POC level). A break above 33.259 could trigger a further rally. 2. Key Support & Resistance Levels Immediate Support: 33.000 - 33.017 (POC, psychological level). Immediate Resistance: 33.259 (higher POC, recent high). Upside Target: 33.500 - 33.600 (upper channel projection). Downside Risk: 32.900 - 32.800 (lower channel support). 3. Volume Analysis Last 120 Bars: Up Vol > Down Vol by +26.82%, indicating strong buyer dominance. Last 60 Bars: Up Vol > Down Vol by +41.46%, further confirming short-term bullish strength. Interpretation: Buyers are clearly in control, but the resistance at 33.259 needs to be breached for a strong continuation. If price pulls back to 33.017 and finds support, it may provide a better entry point. 4. Chart Patterns & Projections Bullish Continuation Scenario: If price breaks above 33.259, it is likely to rally toward 33.500 - 33.600 (upper trend channel). Bearish Pullback Scenario: A failure to break 33.259 could lead to a retracement toward 32.900 - 32.800. Trade Setups & Risk Management 1. Long Trade Setup (Bullish Scenario) Entry: Buy above 33.259 (breakout confirmation) or on a pullback to 33.017 (strong support). Stop-Loss: Below 32.900 (recent low & lower channel boundary). Targets: First Target: 33.400 Final Target: 33.600 (upper channel resistance). Risk-Reward Ratio: 1:3 or better. 2. Short Trade Setup (Bearish Pullback Scenario) Entry: Sell below 33.000 (breakdown confirmation). Stop-Loss: Above 33.100 (recent consolidation zone). Targets: First Target: 32.900 Final Target: 32.800 (lower channel support). Risk-Reward Ratio: 1:2 or better.
? XAUUSD Gold ? has been demonstrating strong resilience, maintaining a clear bullish trend on this 4H timeframe. Price action continues to align with an upward trajectory, with my target set at the previous high marked on the chart ?. A pullback is expected, potentially offering an opportunity to enter at a discount before a continuation toward the target zone ?. ⚠️ Not financial advice—always manage risk appropriately!
The price perfectly fulfilled my previous idea. It hit the target zone. FX:NZDUSD market is currently consolidating after a period of bullish momentum. It has been making false breakouts at previous support and resistance zones, indicating that it is in a sideways trend. The market is approaching the previous day's low, and I believe it may create a false breakout in this zone before moving higher, especially given the prevailing bullish momentum. My goal is resistance zone around 0.57270 Traders, If you liked this educational post?, give it a boost ? and drop a comment ?
Solana Coin is at the major support zone where we are seeing some signs of weakness—expecting a breakdown and a further movement to lower zones More in-depth info is in the video—enjoy! Swallow Team
Let's see how it plays, I'm willing to see lil push back before the continuation of the up trend
#GOLD... market still looking bullish and now supporting area is around 2932 to 2935 keep close that supporting region and if market hold it in that case we can see further rise in gold prices. good luck trade wisely
Bros, Good morning,I made it very clear yesterday that 2935-2945 is definitely a good opportunity to sell gold. I still stick to my point of view and insist on holding my short position. To be honest, the continuity of the market news stimulating the rise of gold is not strong. After the rise of gold hits 2946, it faces the suppression of the previous high near 2955. With the current momentum of gold, it is impossible to break through the high suppression area in one go. Even if it is to accumulate more momentum for a breakthrough, gold will have a deep need to step back to the 2920-2910 zone. So I remain positive on short positions in the short term. In addition, it is particularly important to note that gold is facing high pressure, and there may be many temptations to do long signals. Now you must keep a clear mind and not be confused by the temptation signals. When you chase long gold at a high position, once gold retreats, you may be deeply trapped and it will be difficult to get out! Do you think gold will fall back to the 2920-2910 zone as expected? Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
Thursday Bitcoin Update These are the local plays I'm watching today: Two range deviation plays Premium: Potential Trinity Model 1 setup Discount: A range deviation into demand We have reasons for both upside and downside moves, depending on how price continues to develop. Locally, price looks bearish, so if we get another bearish continuation pattern, I’ll be shorting down to the range low, especially since we've just pierced through the 30M demand, and it hasn't held. Internal range trades carry more risk, so if you're a beginner, it might be better to wait for range deviation plays at the range extremes.
USDCHF, Rebound until level 60% fibbonacci on daily timeframe, this entry is against the trend. https://www.tradingview.com/x/FjSiMgpn/
The harmonic Bat pattern has swooped into the Dow Jones, flapping its wings and signaling a potential price lift-off from the tip of its batty little tail at the 39k mark. Looks like this market Will be ready to take flight—just don’t forget to buckle up, because even bats have a tendency to pull off some unexpected acrobatics mid-air!