The EURUSD pair got an initial rejection near its 2-month Higher Highs trend-line with the 4H RSI an a Bearish Divergence (Lower Highs) since April 03. The last pull-back was -2.31% and made double contact with the 4H MA50 (blue trend-line) before rebounding. In fact all Higher Highs rejections hit at least he 4H MA50 before rebounding. As a result, we see a strong short-term sell opportunity now, which even though could technically reach 1.12150 (-2.30% drop), it is advised to take profit once contact with the 4H MA50 is made. ------------------------------------------------------------------------------- ** Please LIKE ?, FOLLOW ✅, SHARE ? and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ?????? ? ? ? ? ? ?
Upper half of the panel refers to the larger timeframe, and provides contextual information in terms of trend and trend probability, while the lower half of the panel corresponds to the chart’s timeframe (usually, the timeframe chosen by the user to trade).
Looking at Gold again, I’m going a bit out on a limb and saying: There’s a good chance we’ve just seen a local top — at least for the coming weeks. Last time I was pretty spot on with my target after being wrong about the top. I wanted to see $2,955, and Gold ended up reaching $2,956.5 — missing my level by just $1.50. Totally fine, especially considering the huge rally that followed. But now it looks like that rally might be losing steam. We’re currently trading between the 127.2% and 138% Fibonacci extension levels, specifically between $3,225 and $3,250. That’s a zone I see as highly likely for a short-term correction. Possible downside targets? First $3,146, then lower at $3,034, and ideally even a move back toward $2,900. Of course, a lot will depend on macro news, especially from the US — tariffs, geopolitical risks, and overall market sentiment. If Gold pushes above $3,300, then this whole scenario gets invalidated and I’d switch to an alternative setup that I haven’t detailed here yet. The RSI is also sitting deep in overbought territory, with multiple bearish divergences building — which supports the idea of a pullback. But as always: Just because the RSI is overbought doesn’t guarantee an immediate drop. We still need price confirmation.
Good Morning, Hope you are having a great start to the week. XRP - Resistance Level - 2.20-2.24 - Low Volume. XRP - Support Level - 1.92-1.95 - High Volume. Expect some consolidation through these levels. Enjoy!
If the support zone is broken, XAUUSD will drop to the next zone as everyone buys the support level and the market will drop to their SL which will determine XAUUSD
??? GBP/USD news: ➡️ The British pound (GBP) extended its intraday rally against the US dollar (USD) at the start of the week, with the GBP/USD pair climbing toward 1.3150 during Monday’s European session. It is now aiming to retest the six-month high of 1.3207, last seen on April 3, as investors continued to sell off the US dollar following the announcement of retaliatory tariffs between the United States and China. ➡️ The US Dollar Index (DXY), which measures the greenback’s value against a basket of six major currencies, dropped to around 99.00—its lowest level in three years. Personal opinion: ➡️ Buyers are taking profits and pausing further upside momentum to monitor further news on the pair ➡️ The RSI is showing signs of falling after entering overbought territory. ➡️ Analysis based on important resistance - support and Fibonacci levels combined with SMA to come up with a suitable strategy Plan: ?Price Zone Setup: ?Sell GBP/USD 1.3180 - 1.3200 ❌SL:1.3230| ✅TP: 1.3125 - 1.3050 FM wishes you a successful trading day ???
AS you Know that BTC is getting attention from all over the world. But Now BTC Needs to stable at 100k and alts will follow this.
? Attention Traders! ? XAUUSD is ? and moving with serious momentum! ? Current Battle Zone: ? 3220 – 3240 — Major resistance area. Breakout coming? ? Bearish Scenario: Drop below 3220 could lead to 3180 . Watch for support here! ? ? Bullish Scenario: Break above 3140 = ? Towards 3275 and 3289. Bulls might take control! ? ? What’s Your Move? Share your thoughts, setups & let’s ride this golden wave together! ?? #Gold #XAUUSD #TradingSetup #MarketUpdate
Since the red arrow was marked on the chart, ZRO has shown signs of entering a bullish phase. Wave A appears to have completed, and the price is now developing into wave B, which is unfolding as a diagonal (diametric) structure. At the current stage, we are likely in the early movement of wave g, a corrective bearish leg within this larger structure. Key Buy Opportunity: We’re closely watching the green support zone as a potential bullish reaction area. If price action confirms, this level may offer a prime long/buy setup with a favorable risk-reward ratio. Invalidation Level: A daily candle close below the invalidation level will invalidate this bullish scenario. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Limit GJ 1h fractal entry - i will show my friend what i have for today what for trades i am gonna get.