Early in the American session, EUR/USD is trading around 0/8 Murray located at 1.03557 with a bearish channel after it left a gap at the opening of negotiations this week. The euro is now covering the gap in the recently hours. Thus, we expect EUR/USD to find good resistance above 1.03587. If this scenario occurs, the instrument could reach 1.04187 and even the 200 EMA located at 1.04576. On the contrary, if the euro falls below 0/8 Murray and consolidates below 1.03587, the outlook could remain bearish. Hence, we could expect EUR/USD to reach -1/8 Murray located at 1.02502. The indicator has reached overbought zones. so, we believe that the euro could recover part of the losses in the next few days. Therefore, we will look for opportunities to sell below 1.04576 or in case there is a technical rebound around 1.02502.
Looks like a H&S top playing out. If confirmed, would be the second peak in a double top. https://www.tradingview.com/chart/DJI/nLZSescd-Double-top-H-S-completion/
Hi all, I predicted that last move literally to the PIP perfectly, you can check out that post on my page. Im now looking to make my next move. I will break this down in a fast and simple terms as I have already broken this paid down from Top Down Analysis. First 4H CHoCH has been showing taking out the previous swing high. Then then saw a slight pullback with some consolidation before pushing into our TP. Our next two entry setups are a 4HR Discount zone which is my preferred zone after taking that imbalance on both the 1H and the 4H. That mitigation zone looks very strong. We have Identified the new swing range from the 4H view. Id like to see this pullback have some slower price action especially around that 1H Mitigation Block before looking to Buy as we are currently respecting a strong Unmitigated Supply zone. I personally believe this Trend Line will break giving us a lot of institutional volume with buyers Demand. Good luck to the traders that decide to follow and remember to trade with strict risk management.
https://www.tradingview.com/x/OmOtL9kS/ Bitcoin has reached the $94,500 entry point outlined in the previous idea and showed a strong bullish reaction. This confirms the level as an area of interest. However, there is strong potential for price to revisit $94,500 once more, presenting a great buying opportunity for the next leg up. As long as market conditions align, we can look for confirmations to target $126,500. Patience remains key, but the setup is developing well. Will Bitcoin offer another perfect entry before continuing its bullish breakout? ? Check the original idea: https://www.tradingview.com/chart/BTCUSD/E2nhmHIX-Bitcoin-s-Bullish-Breakout-Targeting-126-500/
The GBPCAD pair is near a demand zone and show as reversal pattern on the 5-minute chart, signaling a potential buy opportunity. Look for bullish candlestick patterns and cross with high volume to confirm entry. god trading day for all
Double top formed. Second top finishing a head and shoulders formation before descent.
The price is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support. Pivot: 0.6244 1st Support: 0.6176 1st Resistance: 0.6292 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
The CADJPY pair is near a supply zone and show as reversal pattern on the 5-minute chart, signaling a potential sell opportunity. Look for bearish candlestick patterns and cross with high volume and to confirm entry. LOOK FOR 5MIN TIME FRAME
AI16Z/USDT 1H ? Follow me on TradingView if you respect our charts! ? Market Structure: Price: $0.447, showing rejection at $0.48 resistance RSI: 60.33, indicating neutral momentum with hidden bullish divergence Key levels: Support: $0.42 Resistance: $0.48 Market makers appear to be accumulating at discount zone ($0.25-$0.30) Trade Setup (Confidence 7/10): Entry: $0.445-$0.447 zone Targets: T1: $0.48 T2: $0.52 Stop Loss: $0.42 (below recent swing low) Risk Score: 6/10 (moderate risk due to market volatility) Smart Money Analysis: Accumulation visible in discount zone Volume profile suggests institutional buying Premium zone identified at $0.70-$0.75 Recommendation: Long positions favorable within $0.445-$0.447 range. Monitor volume for breakout confirmation. Avoid chasing; best entries come on retests. ? Follow me on TradingView if you respect our charts! ?
AIXBT/USDT 1H Chart Analysis ? Follow me on TradingView if you respect our charts! ? Current Market Structure: Price at $0.3672 showing bearish divergence on RSI (63.02). Market makers completed a distribution phase at $0.54. Resistance forming at $0.38, with declining volume on bounces. Smart Money Concepts: Distribution complete at premium zone ($0.54). Equilibrium break confirmed at $0.37. Volume profile suggests continued downside movement. Key Levels: Entry Zone: $0.3670 - $0.3680 Targets: T1: $0.34 T2: $0.32 T3: $0.28 Stop Loss: Below $0.3850 (recent swing high). Risk Score: 7/10 - Favorable risk/reward with clear invalidation level. Market Maker Intent: Likely targeting liquidity in the discount zone ($0.24 - $0.26). Expecting lower highs before further downside movement. Recommendation: Short positions favorable within $0.3670 - $0.3680 range. Monitor price action at key resistance levels for additional confirmation. Manage risk accordingly, as market conditions remain volatile. Confidence Level: 8/10 for bearish continuation. ? Follow me on TradingView if you respect our charts! ?