The h4 timeframe is bullish, and I am waiting for the market to retrace back to the 38.2 fib level, which is in confluence with the structure to create HL
BINANCE:BTCUSDT breaking below the support of the local rising wedge on the basis of a downtrend (falling wedge) has been formed. And now there is no reason for Bitcoin to move higher or to be honest: "Just focus on selling because the risk of buying at this moment is high due to the newly announced reciprocal tariffs by President Trump, highlighting the increasing risk of Bitcoin in relation to macroeconomic uncertainties. I think we will drop much lower than 76,000 USD, as you may know from my previous analysis." If you find this information useful, please leave a like and follow Gary for the latest updates!
After the strong rebound of gold, the digestion of risk aversion news led to technical adjustments. Gold was directly shorted at 3115, and gold fell as expected. The 1-hour moving average of gold continued to turn downward. If a dead cross is formed in the 1-hour moving average, then the gold short position will be more dominant. The 1-hour downward trend line also suppresses the rebound of gold. The rebound will continue to be shorted. The trend suppression has now moved down to around 3110. Gold rebounded under pressure and continued to be shorted at 3110. If the market is strong upward, then give up the idea of shorting. Continue to wait for the market to stabilize. Overall, the short-term operation of gold is recommended to be shorted on rebounds and long on pullbacks. The short-term focus on the upper side is 3110-3115 resistance, and the short-term focus on the lower side is 3054-3066 support. Gold operation strategy reference: Short order strategy: Strategy 1: When gold rebounds around 3110-3112, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3090-3075, break to see 3065 line; Long order strategy: Strategy 2: When gold pulls back to around 3065-3068, long (buy long) 20% of the position in batches, stop loss 6 points, target around 3090-3100, break to see 3110 line;
? Market Update for Traders! ? Right now, the market is showing BEARISH momentum, and it's looking like we're heading for a dip. We could see the market fall and sweep the area around 3052 ?. Once that happens, expect a *huge* bounce back as the market could be getting ready to **shoot to the moon ??! ? KEY BUY LEVEL: 3130 - This is where you want to be ready to go long! ? ? First Target: Once we hit 3130, eyes on the ATH (All-Time High) for the retest! ? And from there, we're eyeing a target at 3200 ??. ? NFP News Incoming! ? After Trump's speech, gold could *fall* around 1000 pips ⬇️, but **NFP could trigger a huge pump ??. Stay sharp and trade with caution. ? Risk Management is KEY! Always follow your plan, set stop losses, and protect your capital. Don't let emotions drive your decisions! ?? Trade smart, stay sharp, and let's get those gains! ?? #BearishMomentum #BullishReversal #RiskManagement #GoldPrice #NFPAlert
? Macro & Market Context Gold remains in a strong HTF bullish market structure, with recent highs around $3,160 acting as a key resistance. NFP data, Unemployment Rate and Powell's speech will add increased volatility later today. The market is currently correcting after liquidity grab above $3,160, showing signs of distribution. ? Market Structure Overview (4H & 1H) Bullish/Sell bias remains neutral, but a temporary retracement is underway. Premium supply zones are positioned above $3,140–$3,160. Discount demand zones are around $3,080–$3,050. ? Setup 1 SELL Scenario: Bearish retest to this zone Entry: $3,135 - $3,145 (if price returns to this zone). Confirmation: Rejection wick + Bearish Engulfing on 15M or 5M. Stop Loss: Above $3,153 TP1: $3,125 TP2: $3,110 TP3: $3,090 ? Setup 2 SELL Scenario: Wait for price to push back into 3,091–3,095 zone (M5 imbalance retest). Entry: 3091-3095 Confirmation: Entry on rejection + BOS or CHoCH M1/M5. Stop Loss: Above 3,096 TP1: 3066 TP2: 3054 TP3: 3040 ? Setup 2 BUY Scenario: If price retraces to key demand zones $3,080–$3,070, look for a long entry. Entry: Buy at $3,080–$3,075. Confirmation: Liquidity grab + Bullish engulfing on LTF (1M, 5M). Stop Loss: Below $3,070. TP1: $3,100 TP2: $3,120 TP3: $3,135 ? Setup 3 BUY Scenario: Bounce/reversal confirmation near 3,054 (last demand block + imbalance edge). Entry: Buy at 3048-3055 Confirmation: Entry only if M1/M5 shows CHoCH + volume. Stop Loss: Below 3048 TP1: 3085 TP2: 3115 TP3: 3128 ? Important Notice!!! The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your own plan and wait for confirmation before taking action. If you find the ideas contribute to your views on the market be kind to press boost?/like button. Your support is appreciated.
The Euro rose significantly against the US dollar during yesterday's session, Thursday, April 3, 2025, successfully breaching the resistance level at 1.09547 and establishing a new high above it. This upward movement followed the decision by the US president to impose tariffs on approximately 180 countries, significantly impacting the performance of the US dollar negatively. Currently, EUR/USD is experiencing a corrective downward movement that could extend towards the support level at 1.08211, considered an ideal point for resuming the bullish trend targeting the next level at 1.10490. The positive outlook remains valid unless the pair breaks below the critical support at 1.07331 with a daily candle closure beneath it. Such a scenario would invalidate the bullish scenario and strengthen bearish possibilities. Today, markets await the release of the US employment data, where the Nonfarm Payrolls (NFP) are expected to decline from 151K to 137K. A reading higher than expected could positively impact the dollar and negatively affect the EUR/USD pair. Meanwhile, the unemployment rate is anticipated to remain steady at 4.1%, and any decrease below this level would support the dollar, adding further downward pressure on the EUR/USD pair.
FenzoFx—XRP (Ripple) trades at approximately $2.089 and made a new lower low in yesterday's trading session. The primary trend is bearish, as the price is below the 50-period simple moving average. If the price holds below the immediate resistance at $2.218, the next bearish target could be testing the $1.80 support area. Conversely, the bearish outlook should be invalidated if XRP/USD exceeds $2.218 and forms a new higher high.
We are waiting for Bitcoin to fall to 78. But first the fvg zone must be filled. This zone can be filled completely or partially. Wait for the target of 78
Old solana resistance acting as week support, short opportunity as described with tight stop. Read more on theunspent.com
US March Jobs Report Most important release this week. Strong report boosts the dollar and bond yields Weak report supports stocks and pressures the dollar Canada March Jobs Report Strong numbers lift the Canadian dollar Weak numbers weigh on CAD Germany, France, Italy Data Includes factory orders, industrial production, and retail sales Weak data puts pressure on the euro Strong data supports the euro Japan February Household Spending Low spending signals continued Bank of Japan easing, weakens the yen Higher spending may support the yen UK March Car Sales and Construction PMI Positive surprises could lift the pound Sweden March CPI Hot inflation could delay rate cuts and support the krona Cooler CPI may lead to SEK weakness Central Bank Watch Fed’s Powell and Barr Speaking Hawkish tone strengthens the dollar and lifts yields Dovish comments could boost risk assets and weaken the dollar This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.