1️⃣ Market Overview – Bearish Bias Confirmation EUR/JPY remains in a strong downtrend, forming lower highs and lower lows. Currently, the price is retracing into a critical Fibonacci resistance zone, making this a prime opportunity to short the pair in line with institutional sentiment and seasonality trends. 2️⃣ Fibonacci Levels – Identifying Key Resistance The Fibonacci retracement is drawn from the most recent bearish impulse. Resistance Zone: 0.5 (156.888) to 0.786 (157.107) – a high-probability rejection area. If price fails to break above this zone, a continuation to the downside is expected. Prime Seasonality Insights – Historical Data Supports the Short Bias ? Seasonality trends over 15 years indicate that EUR/JPY historically declines in late February and early March. ? February seasonality performance: -0.7% average return ? Next 3-5 day forecast: Bearish probabilities (-0.06% to -0.21%) ? Seasonality prediction candles show a short-term retracement, followed by downside continuation. ? This aligns with the technical setup, reinforcing a short bias. 4️⃣ Retail Sentiment – Smart Money Edge ? 79% of retail traders are LONG on EUR/JPY – a contrarian signal for a short trade. ? Institutions (Smart Money) are aggressively shorting EUR/JPY, as seen in COT data. ? Commitment of Traders (COT) Report shows increased institutional short positioning. ? Retail traders trapped in longs will likely get stopped out, fueling further downside. 5️⃣ Technical Confirmation – Trendline & Indicators ✅ Price is below all major EMAs (6, 24, 72, 288) on the 4-hour chart. ✅ Supertrend remains bearish on the 4-hour timeframe. ✅ A downward sloping trendline aligns with the Fibonacci resistance zone. ? I will wait for confirmation (rejection wick, bearish engulfing candle) before entering a short position. 6️⃣ Conclusion – Trade Plan for EUR/JPY ? Bias: Bearish due to downtrend, Fibonacci resistance, seasonality, and institutional short positioning. ? Trade Setup: Sell EUR/JPY at 156.88 - 157.10 (Upon rejection) Stop Loss: Above 157.26 Take Profit Targets: 156.30, 156.04, 156.00 ? Key Confirmation: Retail traders are trapped in longs, seasonality supports further downside, and institutions are short. ? This is a prime example of how combining Seasonality, Smart Money Positioning, and Technicals can create a powerful trade setup. ? What’s your outlook on EUR/JPY? Let’s discuss in the comments!
Solana’s teetering on the 4H at $172.24, rebounding from $165 in early February after a brutal drop from $250 in January. I’m bullish, SOL’s market cap (~$85B) and 162% YTD growth make it the next crypto king, powered by DeFi, NFTs, and meme coins like $WIF/$BONK. But can it reclaim its glory, or is this another bear trap? Technically, we’re consolidating in a tight range near $165-$170, forming a bullish flag or triangle, breakout potential to $250 if we flip $180-$182 (50 EMA). RSI’s at ~55 and rising, showing buyers gaining steam, while volume’s spiked since mid-Feb, hinting at accumulation. The 50/200 EMAs tell a rollercoaster story: Golden Cross at $200 (Jan 18) hinted at a pump but got crushed, Death Cross at $220 (Feb 4) triggered the dump, and now they’re diverging (50 EMA at $182, 200 EMA at $209), watch for a new Golden Cross above $200 if price holds. Trump’s pro-crypto push and Solana’s ETF rumors could blast us to $300, but bears argue $160’s the floor if $165 cracks. I’ve seen similar patterns in 2021 lead to 35%+ pumps, history repeating? What’s your take? SOL to $250 by March or back to $160, where’s the real target? Is Solana the next BTC/ETH, or just meme coin hype from $WIF/ SEED_DONKEYDAN_MARKET_CAP:BONK ? EMA divergence now, Golden Cross ahead, or death spiral? Bullish or bearish? Trump’s policies + ETF buzz, pump to $300, or noise leading to a crash? Drop your targets, indicators, or contrarian views. I’ll reply to every comment and debate!
NYSE:OSCR looks attractive. It’s in the process of forming a cup-and-handle pattern with a full measured move to $40. The neckline resistance is around the $22 area. The ideal entry would be around the $13 area. ? As always, I’m sharing my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
This move in gold has been nice but I think its almost over. This was a giant bull trap in my opinion. Over the next few years I see Gold coming down to the bottom trend line then longer term probably below $1000 after it breaks the rising wedge. I think the Golden Age of America is a real thing. Cheaper energy, more advanced ways of mining, new large gold deposits will be found. Gold will always be relevant but will never be used as money again. No real need for it other than industrial uses. Eventually we'll be able to manufacture gold, silver, and pretty much any other metal and there wont be a need for mining anymore. We're moving forward not backwards. Best of luck my friends, none of this is financial advice.
SUI trade setup for the day 15m. Bullish momentum continues so waiting for a pullback to support lines/golden pocket for an entry.
KAS appears to be recovering nicely, suggesting that the selling pressure has subsided, and buyers are stepping back in. Buying on SPOT here could potentially benefit good gains over the medium term. Profit Targets: First Target: 0.125 (immediate resistance). Second Target: 0.15 (psychological resistance and potential area for profit-taking). Third Target: 0.20 (long-term resistance if the bullish trend continues). Stop-Loss Area: Place a stop-loss just below the key support level at 0.077 to limit downside risk. This ensures that if the recovery fails, losses are minimized. Cheers!
This is the downtrend setup that currently BTC is forming , Orange lines are same line with same slope as 2022 drop from 70k back to 16k , yellow lines are uptrend lines from 16k , Gann start is at orange line and the gann end is when yellow line and orange line meets ( meaning that after that time it wouldnt be possible to go lower than yellow line or else BTC will enter macro bear market ( which is very unlikely because it's bad for business of blackrock and exchanges) Trading with this is very simple as long as BTC doesnt pass orange line which is currently around 100800 then we are in a downtrend,maximum possible drop is 73k , since we are now much more close to the top than the bottom it's better to stay from long and only short . We need to go beyond 100800 and a good and possitive narrative to go higher until then price should keep going down . Also be aware that this is not the only possible setup , there is also another Gann which pointing toward 200k in 2026, price always have possibility to go higher or lower at the same time , which one manifest first is mostly depends on narrative , economic and what wealthy people expect to happen
Good Looking Pattern for Breakout , Bullish Pattern It is Positional Setup . Enter when the Upper Trendline Breaks and Be careful when You enter because They are chance to happen false breakout . Avoid False Breakout by Considering the Nifty50 Trend . aim for 30% in short Term and aim for up to 80% in Long Run . This is my Point of view . If you want to trade the good patterns and want to learn the good price action trading follow me and like the charts to encourage me .
euro still testing the order block on a possible 4th wave triangle . testing the 10487 50 % of the order block sell zone .
No need to be long in this analysis. Market has zero clue in Bitcoin miners. Miners are the decentralized money printer of the future. Q4 Mara will show how. How would a company be valued if they showed 1 billion in profit in one quarter. We about to find out.