https://www.tradingview.com/x/1ufgzNuC/ EURNZD violated a huge resistance cluster and closed above that. The next key level is 1.8765. I will look for a pullback/little correction to buy then, expecting a rise. ❤️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.
Yesterday’s plan worked well — I was long on GBPUSD, and we are now testing the 1.2700 resistance zone this morning. This level is acting as a pivot for now. ⚠️ I expect a potential wick towards 1.2750, especially if liquidity above the morning high gets hunted. That would be a natural target for the first part of the session. However, if buyers fail to hold above 1.2700, we could revisit support down at 1.2615. There’s a wide range to trade today — plenty of pips to catch between 1.2615 and 1.2750. ? This afternoon, all eyes will be on the FED speech, which could shake the dollar. On top of that, there’s fresh geopolitical news: Trump reportedly plans to stop military aid to Ukraine if elected. This type of headline tends to favor the dollar as a safe haven. Overall, I wouldn’t be surprised to see a bearish or choppy session later in the day if risk-off flows pick up. ? My plan: Scalping long above 1.2700 towards 1.2745/1.2750 if momentum holds. Watching for rejection at 1.2750 to flip short. Target on the downside: 1.2650 then 1.2615.
Here on Usdcad price has form a supply around area 1.44581 of supply and is likely to continue go down as more seller will come and push price down so trader should go for short with expect profit target of 1.43558 and 1.42562 . Use money management
Currently price is ranging on the daily FVG. This is one of the signs that I want to see on my points of interest because it is an indication according to my personal rules that price is not willing to continue and chances of respecting that level are high. We also have a 4hr FVG just above the Daily FVG. I'm anticipating price to wick into that 4hr FVG POI then have the daily candle's body close within the Daily FVG for a good confirmation of a sell program. I have POIs on the lower side of the chart which needs to be satisfied before resuming the buy program. But we'll know this once price starts moving. Don't be the liquidity guys. Have a pipful day.
Structure has held 100% from part one. We seem to be creating a SOW (Sign of Weakness) So what is next for us? There are three potential paths we need to monitor. All three scenarios are just based on structure and not price action or time. It is just there as a representation. 1) The Yellow Line represents the price potentially going back up to LPSY(Last Point Of Supply), coming back down to the SOW and then breaking down into a down trend where we start looking for the Bullish Wyckoff Schematic. 2) The Red Line represents price breaking down without going up to the LPSY. This could take a while potentially a week or two to play out. We will then look for the Bullish Accumulation Schematic. 3) The Green Line represents a possibility that we could be in a type accumulation. If this is the case we could be hanging around here for a long time before any significant move up. We could see a type of spring move as well. I know this does not make anything clear and its almost like a Crypto influencer saying it can go up, down and sideways but here is the likely scenario I see happening. I can not see BTC doing the green line right now, we might see sideways and then another leg down because the chart on the monthly is starting to form divergences. Price according to the Phoenix indicators suggests that price can be lower. This leads us to the two more viable options in my opinion. The red and the yellow will both have some sort of downward movement. What is the Phoenix Indicators saying about this? 2 Week: The Green Line on the indicator indicates that price should be on the white Bollinger Band with price action. The two RSI's are also just below 70 which indicates that price does the have the potential to reach there which is around 63k - 66k. Realistically speaking I can not see price action moving that fast downwards in the next 2 weeks. A more suitable price range will be in combination with the 3 week where it could be lower 70's. https://www.tradingview.com/x/6TOCODhv/ 3 Week: The lowest potential as of now is 74k. The only catch here is that the RSI's are not below 70 which means that price should not be that low as of right now. This could change with lower timeframes coming into play. https://www.tradingview.com/x/LoGD1ZIT/ Lower Time Frames: Such as the Weekly are showing signs of a pause in the downward movement giving a little more evidence that we will not see a drop in the "next hour" and that we can take a step back to assess what is happening so that we can make smart decisions with our money. This shown by the normal RSI almost below 30 and that price action is correct on the Phoenix indicators. If both RSI's fall below 50 then we can see expansion downward. https://www.tradingview.com/x/05bhJjvD/ I will try update as time goes along to see which path is followed. Remain Adaptable and Open Minded.
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Price is set to drop from the current market price as it faces a resistance around the pullback resistance level of 0.81444 its a potential opportunity to go short considering the over-all flow of the market being to the downside
This chart has had some clean previous price action. Long term we have been bullish and Im going for a counter Trend trade into a possible breakout We have a strong sell indication with Bearish pressure failing to take out the previous high. Id like for price to return slightly higher into our supply zone but I do believe that price will breakout before returning higher. This will be posted in my $100-$1000 chat so many sure to message to be apart of that. Risking 25Pips for a return of 175Pips Good luck to any trades that might follow
? Bitcoin Update – 04.03.2025 Bitcoin is moving like Dogecoin used to—where every tweet from Elon Musk pumps the price, only to dump soon after. Yesterday's price action proved it again. On Sunday, after Trump's tweet, BTC surged, but today, it has completely reversed. ? Technical Perspective: Even though the move was fake, Bitcoin perfectly retested the yellow zone before dropping. It has now reached the black line, which represents a key retracement level on the daily bearish trend. ? What's Next? ➡️ BTC could drop further to retest the lower yellow zone or reverse from here. ? No buy trades at the moment. ✅ Sell trades can be considered, but stop-loss is a must! ⚠️ Market is highly manipulated by news, so trade cautiously! #Bitcoin #CryptoAnalysis #BTC #Trading
On the weekly chart, ETHUSD continues to decline, with an obvious bearish trend. Currently, the effective support below is at the 2000 mark, and if it falls below, it will fall further, with the downward target looking at the 1520-1755 area.