In my post last week about USD/JPY, I mentioned that the pair could resume its decline and draw attention to the 154+ sell zone. Indeed, USD/JPY started falling after reaching 154.80 and is now trading at 151.72, which is very close to a key horizontal support level. Looking ahead, I expect this support to break, pushing the pair below 150 and potentially down to the next horizontal support around 146. In conclusion, my strategy remains unchanged: I will continue looking to sell rallies, with invalidation above last week’s high. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
RIVN: a potential case -ABCD pattern forming. -Key level and demand zone support. -Logical volume and spread. . Wait n see! See more at US STOCKS- WALL STREET DREAM
The finance sector of Indian stock market is leading even in the current fall, If the market stabilizes and recovers from here finance sector will lead and large cap stocks stocks like BAJFINANCE, BAJAJFINSV, CHOLAFIN, SHRIRAMFIN, HDFCBANK, ICICI BANK will be the frontrunners.
Before anything, pay attention to the timeframe—it's a 2-day timeframe, so it will take time. Given that a large-degree bearish triangle has completed, this coin may remain bearish in the mid-term. The red zone is where the next major bearish wave could start. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
GBP/CAD Short Minimum entry requirements: • Corrective tap into area of value. • 4H risk entry or 1H risk entry after 2 x 1H rejections. Minimum entry requirements: • Tap into area of value. • 1H impulse down below area of value. • If tight non-structured 5 min continuation follows, reduced risk entry on the break of it. • If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it. • If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it. • If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GOLD 1H Chart – 17th Feb 2025 Dear Traders, Here’s the latest 1H chart analysis, outlining key levels and targets for this week trading plan Gold is currently trading between two critical levels, with a gap above 2905 and below 2878. A confirmed EMA5 crossover and lock above or below these levels will indicate the next price direction. Until then, expect price fluctuations as these levels are tested repeatedly. Keep in mind that Its president day today in the US and market will remain close today. Our strategy remains focused on buying dips and monitoring key levels to identify potential bounce opportunities. Stay sharp! Resistance Levels: 2905, 2920, 2942, 2949, 2972, 2994, 3011 Support Levels: Gold Turn Levels : 2878, 2852, 2837, 2817, 2802, 2776, 2747 Retracement Range: 2802 - 2817 Swing Range: 2747 GOLDTURN LEVELS ARE ACTIVATED! EMA5 (Red Line) Analysis: * Currently fluctuating between 2878 and 2905 * EMA5 positioning will be crucial in determining the next trading direction. Bullish Targets: EMA5 cross and lock Above 2910 → will open the following bullish Target 2928 EMA5 cross and lock Above 2928 → will open the following bullish Target 2949 EMA5 cross and lock Above 2949 → will open the following bullish Target 2972 EMA5 cross and lock Above 2972 → will open the following bullish Target 2994 EMA5 cross and lock Above 2994 → will open the following bullish Target 3011 Bearish Targets: EMA5 cross and lock Below 2878 → will open the following bearish Target 2852 EMA5 cross and lock Below 2852 → will open the following bearish Target 2837 EMA5 cross and lock Below 2837 → will open the following bearish Target 2817 EMA5 cross and lock Below 2817 → will open the following bearish Target 2802 (Retracement Range) EMA5 cross and lock Below 2802 → will open the following bearish Target 2747 (Swing Range) Trading Plan: * Stay bullish and buy pullbacks from key levels. * Avoid chasing tops—focus on buying dips. * Use smaller timeframes for entries at Goldturn levels. * Aim for 30–40 pips per trade for optimal risk management. * Each level can yield 20–40+ pips reversals. Trade with confidence and discipline. Stay tuned for our daily updates! Please support us with likes, comments, and follows to keep these insights coming. ?? The Quantum Trading Mastery
The Reserve Bank of Australia (RBA) will meet this Tuesday and is widely anticipated to deliver its first rate cut in four years amid easing inflationary pressures. I am ‘reasonably’ convinced that the central bank will reduce the Cash Rate this week, a belief based on inflation and growth data that delivered prints south of the RBA’s recent projections (released on 5 November 2024). Following nine consecutive meetings on hold, markets are pricing in a 90% probability that the RBA will reduce the Cash Rate by 25 basis points (bps) to 4.10% from 4.35% (per the ASX 30-Day Interbank Cash Rate futures). Markets are also pricing for an additional 50 bps of cuts by the year-end, lowering the Cash Rate to 3.6%. I am not holding my breath for anything illuminating to come out of the RBA’s accompanying rate statement and press conference. I believe we will see the Board underscore a cautious tone, echoing the ‘data dependent’ approach. The central bank will likely shine the spotlight on the disinflation progress but stop short of providing anything concrete to signal further cuts. The RBA will also release their detailed quarterly updated forecasts on growth (GDP ), unemployment, inflation, and the Cash Rate. Traders will look at these metrics closely for any revisions. I expect slightly lower revisions to GDP and inflation, but I do not see much change in forecasts for the Cash Rate. Inflation and GDP: Main Drivers Behind a Rate Cut In Q2 24, headline Australian inflation came in lower than expected, decelerating to 2.4% (from 2.8% in Q3 24) and marking the lowest quarterly reading since early 2021. This not only places headline inflation within the lower boundary of the RBA’s inflation target band of 2-3%, but the trimmed mean inflation rate – the RBA’s preferred measure of underlying inflation – also exhibited signs of softness, cooling to within touching distance of the RBA’s upper target band (3.0%) at 3.2% in Q4 24 (year-on-year ) from 3.5% in Q3 24. GDP cooled to 0.8% in Q3 24 (YY), down from 1.0% in Q2 24 and marked the slowest pace of economic growth since late 2020. Quarterly (Q3 24), GDP grew by 0.3%, following a slight increase of 0.2% in the previous quarter (Q2 24). However, while inflation is trending in the right direction and growth remains subdued – providing some legroom for the RBA to cut the Cash Rate this week – the central bank’s easing cycle will likely be slow and steady this year. Coupled with underlying inflation trending just north of the RBA’s inflation target, the central bank still faces a reasonably solid jobs market. Employment increased by 56,300, comfortably surpassing the market’s median estimate of 15,000 and was above November’s revised reading of 28,200, and wage growth remains steady. AUD/USD Shaking Hands with Resistance The AUD/USD currency pair (Australian dollar versus the US dollar) finished last week locking horns with daily resistance between US$0.6417 and US$0.6364 (this area comprises several ratios , a horizontal resistance level, and an ascending resistance extended from US$0.6170). What is also interesting is the approach to the above-noted resistance could prompt sellers to enter the fray this week. Following a lower low of US$0.6088 in early February, this likely encouraged breakout selling. With these orders now flushed out of the market (bear trap) and the recent higher high (US$0.6368) potentially exciting buyers, this, coupled with price testing resistance last week, could be a bull trap in the making to push things lower.
Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , ?? Given the current volume levels and Bitcoin's failure to sustain above the daily trendline and key resistance levels, there is a significant risk of a decline, potentially up to 8% or more. While we may observe brief upward movements in the form of green candles, these would likely be temporary retracements within the larger bearish trend. Several strong support levels have been lost, reinforcing the expectation of further downside. My primary target for this move is $88,000 . ?? ? Our team's main opinion is: ? Bitcoin may drop by at least 8% due to failed support at key levels, with temporary upward moves likely before further decline, targeting $88,000. ?✨ Give me some energy !! ✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box. Cheers, Mad Whale. ?
My entry is at 2905 which I will take early because I see 2908 as a proper retest and then another entry at 2921-2923. All eyes on 2880. If that level breaks then a sweet sell will occur It will undoubtedly be a trade of the century Make a lot, take care of your family and loved ones Be blessed
Hello Guy's Welcome To Another Day Of TRADING Here we are mapping chart of XAUUSD ( GOLD ) in 30-M TF Support (Lower Trendline): Around 2888 – 2884 Resistance (Upper Trendline): Around 2925 – 2930 A breakout above or below these levels will determine the next strong move. If price respects the lower trendline and moves up, buying opportunities could be considered with a target near resistance.