Hi there, Recent developments have significantly influenced Bitcoin's market sentiment. Following President Donald Trump's announcement of establishing a U.S. Crypto Strategic Reserve, Bitcoin experienced a surge, reaching highs of approximately 94,834. However, these gains were not sustained, with prices retracting to around 86,000, reflecting a degree of market skepticism regarding the reserve's impact. Current trading data shows Bitcoin priced at 83,748 (open) from the previous close. The day's trading range has seen a high of 93,666 and a low of 82,521. Looking ahead, forecasts suggest a cautiously optimistic bearish outlook for Bitcoin. There is enthusiasm for 96K, but challenges remain regarding market volatility to drive prices toward new highs. In conclusion , while recent announcements have provided short-term boosts to Bitcoin's value, the market remains influenced by the 86K resistance bearish pressure zone. Happy Trading, K. Not Trading advice.
GBPJPY is in a descending channel between the trend lines. The price is moving from the lower boundary of the channel and the support level. The chart is holding above the 62% retracement level. We expect the pair to rise to the level of 193. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
? Key Market Dates Ahead We have a significant market shift on March 7, but the most crucial period to watch will be March 13-14. ⚠️ Risk Management Reminder: Stay disciplined with your entry and exit strategies, and avoid emotional trading—whether it's fear or greed. Proper risk management will be key in navigating the upcoming market conditions. ? 2025 Market Outlook: The year ahead is shaping up to be challenging, with moments of upward movement that may not sustain for long. Staying adaptable and strategic will be essential. ?Wishing you all successful trades and a profitable journey ahead! ??
#USOIL.. market perfect breakout in yesterday and now again market just near to his today breakout level or resistance area that is around 67.85-90 keep close that level and if that is clear breakout then we can expect a further drop... dont be lazy. good luck trade wisely
EUR/USD is on the verge of triggering a bullish ascending triangle pattern as markets price in three Fed rate cuts this year due to tariffs hurting the U.S. economy. What levels should we monitor? Watch the video to find out and leave your comments below. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information
This chart shows WTI Crude Oil (CFDs) on a 4-hour timeframe. The price is currently approaching a key support level around 67.75, with an order block indicated. After a recent decline, the target is set at 70.00, suggesting a potential upward movement if the support level holds. Traders should watch for confirmation of a bounce from the support zone towards the target level of 70.00.
This chart we have a lost strong support zone that is broken.
Hedged and Waiting – Let the Market Pick a Side | SPX Market Analysis 04 Mar 2025 The week starts with a bang—Trump, tweets, and political uncertainty, and markets bouncing like a hyperactive yo-yo. With bullish and bearish triggers already firing, we’re in a "could go either way" situation. Price is lingering at the range low on the daily chart, leaving us with two clear possibilities—a range reversal targeting the highs or a breakout move lower. With major political talks and red flag news this week, volatility could be off the charts. I’m hedged, prepared, and waiting. Whether the market pumps or dumps, I’m simply waiting for the next move to commit—because patience, as always, is the name of the game. --- Deeper Dive Analysis: The market opens with uncertainty at its peak—Trump’s latest comments, political negotiations, and key economic data are all on deck this week, creating wild swings. ? Market Structure – A Classic "Could Go Either Way" Setup Bullish & Bearish triggers have fired, but price remains stuck The daily chart shows price hesitating at the range low Two possible scenarios using my 6 money-making patterns: Range Reversal: Price rebounds to target the range high Range Breakout: Price collapses and follows a measured breakout move ? What’s Driving the Uncertainty? Political talks in focus – decisions this week could shake the markets Start-of-the-month red flag news – payroll reports, inflation data, and more General market indecision – traders waiting for a confirmed direction ? How I’m Approaching It – No Need to Predict, Just React I’m already hedged, meaning a move in either direction is fine Patience is key—waiting for price to confirm its move Letting the market decide—no need to force trades in choppy conditions This is one of those weeks where traders who chase moves will get whiplash, while those who stick to their system will come out ahead. The plan? Let the market "git goin’" before committing capital. --- Fun Fact ? Did you know? In 2016, one of Trump’s tweets about Boeing sent the stock tumbling over 1% in minutes, wiping out $1 billion in market value—all over a comment about Air Force One being "too expensive." ? The Lesson? A single headline or tweet can move markets, but traders who follow their system instead of knee-jerk reactions are the ones who win in the long run.
Last week was a tough one for Gold bulls, with the price dropping sharply to a low of $2,830, breaking through multiple support levels. However, after Friday’s close back above the $2,850 zone, the market opened on Monday with a gap. Once that gap was filled, the price rebounded, breaking back above the key $2,880–$2,890 technical zone. Furthermore, at the time of writing, Gold is trading at $2,915, nearing the next technical resistance at $2,920. What’s Next? ✅ Bulls currently have the upper hand, and as long as the $2,890 zone holds, new all-time highs (ATHs) could be on the horizon. ✅ I'm currently out of the market, but if the price stabilizes above $2,900, buying dips should be the preferred strategy.
Gold (XAU/USD) 1-Hour Chart Analysis: 1. Key Resistance Zone: - The price is currently near the $2,922-$2,930 resistance zone. - This area has acted as a previous supply zone, indicating potential selling pressure. 2. Potential Price Scenarios: Scenario 1: Rejection from Resistance & Downtrend - If price fails to break above $2,922-$2,930, a rejection could send it lower. - A break of the rising trendline could confirm bearish momentum. - First target: Around $2,898-$2,900 (previous support zone). - Second target: Around $2,873, which is a strong demand area. - Final bearish target: Around $2,855-$2,846 if the momentum continues downward. Scenario 2: Breakout Above Resistance & Bullish Move - If gold breaks and closes above $2,930 with strong momentum, further upside is expected. - First target:$2,945-$2,950, marked as the next resistance level. - A successful breakout could lead to higher bullish continuation. 3. Trendline & Breakout Structure: - The price had a previous breakout from a descending channel. - The current bullish structure could be invalidated if the price breaks below the trendline and key support levels. Trading Plan: - Watch for price action at $2,922-$2,930 resistance. - Look for a rejection confirmation (bearish candle patterns) for a potential short setup. - For a buy position, wait for a strong breakout above $2,930 with a retest for confirmation.