Trend Based Fib Firstly Zoom out and see the Trend Based Fib from previous consolidation levels. Ok early descending channel. Look. Fibs with Trend Based Fib are to get the lows, highest high to low, to lowest high. EXPERIMENT! Get to know the levels from fibs, work it from there. Never give up! You'll get it. Trade the moment to start. I.e. day trading. Believe in yourself. Anyway, I like the fact here that were back in the channel, descending channel. With the Fibs as confluence = bonus. AS AN EXAMPLE ZOOM OUT ON MY CHART!
Trade Bias: Bearish The overall trend across all timeframes is clearly bearish. The daily chart shows a strong downtrend from previous highs of around 0.69, with price currently trading near 0.6203. The 4-hour and 1-hour charts confirm this bearish momentum, with the 1-hour chart showing a recent sharp decline without significant retracement. Entry Price: 0.6230-0.6240 Looking for a short entry on a pullback to the 0.6230-0.6240 zone, which corresponds to recent support turned resistance levels visible on the 1-hour chart. This area may act as a rejection point within the overall bearish trend. Stop Loss: 0.6275 Placing the stop loss above the recent swing high visible on the 1-hour chart provides protection while allowing enough room for normal market volatility. Take Profit Levels: Take Profit Primary TP: 0.6160 (recent swing low visible on the 4-hour chart) Extended TP: 0.6100 (psychological level and also aligns with previous support from the daily chart) Risk-to-Reward Ratio: Primary TP: 1:1.75 (35 pips risk, 60-70 pips reward) Extended TP: 1:3.1 (35 pips risk, 110 pips reward) Trade Rationale: The daily chart shows a clear bearish trend with lower highs and lower lows The current price (0.6203) is testing a potential support level, but the momentum is strongly bearish No significant reversal patterns are present on any timeframe Recent price action on the 1-hour chart shows aggressive selling with minimal pullbacks AUD/USD has been on a significant decline since reaching highs around 0.69, with each rally being sold into The suggested entry at 0.6230-0.6240 allows for a high-probability trade with a tight stop loss The overall market structure suggests that sellers remain in control. This setup aims to capitalize on the established downtrend while managing risk appropriately with defined entry, stop-loss, and take-profit levels. https://www.tradingview.com/x/EhbtLm0s/ PEPPERSTONE:AUDUSD
Oil is only the source of energy until now because it black gold for sure if buy now 68/69 it will rise upto 104 usd per barrel so this will be 1st bullish impalsive upside wave
This chart shows a bullish inverse head and shoulders pattern, which is a strong reversal signal. Here's a breakdown of the analysis: Key Observations: Inverse Head and Shoulders: The chart highlights an inverse head and shoulders pattern, a well-known bullish reversal pattern. The price is currently testing the neckline (resistance zone). A breakout above this level would confirm bullish momentum. Order Block (OB) and Invalid FVG: The price is currently at an order block (OB), a strong supply and demand zone. There is also an invalid fair value gap (FVG), which may act as additional support if a retest occurs. Bullish Path Projection: The red projected path suggests a pullback to the neckline (previous resistance turning into support) before a strong rally upward. The ultimate target looks to be around $100K+, based on the pattern breakout projection. Conclusion: If BTC breaks and holds above the neckline (~$86K), expect a strong bullish rally. A retest of the neckline before pushing higher is likely. If BTC fails to break out, there could be a temporary retracement before another attempt. Trade Idea: Entry: On a successful retest of the neckline (~$85.8K–$86K). Target: $100K+ (long-term). Invalidation: If BTC falls below $84K, the pattern is invalidated. This setup looks very bullish!
Crude oil is under pressure as political narratives drive it lower. The $70 area is a fair price according to the supply/demand estimate from the Energy Administration of the United States. The sentiment still remains to stay negative and is pressured down by tariff talks and meltdown in other markets. So, we can expect USOIL to hit a new low, but this action probably won’t last long, as the $70 level remains to act as a magnet for the price. Unless new loud political statements are being made and no unexpected surprises from the PCE index are delivered, USOIL would rotate around the $70 area, staying in the consolidation.
Heads up, traders! The MACD is teetering on the edge of a bearish crossover, and it’s got my full attention. We’re this close to seeing the MACD line slice below the signal line—a classic sell signal that could spell trouble ahead. But here’s the kicker: if price also breaks below the VWMA20 (Volume Weighted Moving Average, 20-period), the bearish potential could go through the roof. Why does this matter? The VWMA20 is a key level where volume and price momentum collide—think of it as the market’s tipping point. A confirmed MACD crossover combined with a VWMA20 breakdown could unleash serious downside pressure. Are we about to see a cascade of selling? What to Watch: MACD: Crossover confirmation below the signal line. VWMA20: A clean break below this level could ignite the bears. Drop your thoughts below—do you see this playing out, or is a reversal on the horizon? Let’s get this discussion rolling!
The setup is lining up clean—(4H SSL swept), priming the market for bullish intent. My focus? (Buys on the 30M TF,) targeting either (4H internal supply ) or a full reach toward (4H highs). Game plan is simple: • Wait for the market to open. • Watch for bullish momentum and confirmation on the 30M TF. Now, (one thing to note)—we still have (untapped internal supply )from recent structure that could cause a reaction. But here’s what’s giving me conviction:( major 4H/12H SSL inducement has been taken,) signaling that price could push higher. At this point, it’s all about (letting price show its hand.) I’ll wait, watch, and (strike when the confirmations align. )Let’s see how it plays out. Bless Trading!
After a consolidative phase where buyers got trapped at the top, we've seen price drop to the downside liquidating billions in buy orders. I believe this Wave 4 shakeout will be followed by another bull run.
I think btc. Needs more fuel to go any further, when it dropped below 90k. This strong support became a resistance, so now I think it will test this resistance at 90k. And then it will drop to about 74k. For supply swap
Looks like the dollar is carving out the D wave of the triangle for the 4th wave of C . Looking for a target of 113+ when the triangle completes.