In this video, I break down a potential scenario that could initiate a major surge in Wave v of Wave 5. If this is the final move, it should be strong—possibly even sharper than Wave iii. I outline the key buying zone, which represents the lowest point price may reach before reversing into a powerful impulsive move. My plan is to go long within the $74K–$76K range, adding to the position as momentum builds. Ideally, I’m targeting $120K, as it aligns with the length of Wave iii. Based on my analysis, the low for Wave iv is likely around March 31st, with $73,880 acting as key support. Stay tuned for more updates!
xauusd form a bullish flag break resistance level 3022.947 our potential target zone 3064.942
1. Overall Trend CHZ remains in a long-term downtrend, as shown by the descending trendline from its 2021 highs. However, price is now consolidating near a long-term support zone around $0.045–$0.05, signaling a potential reversal zone. Price is approaching a key confluence area: the downtrend line + bottom of the Ichimoku Cloud. 2. Ichimoku Cloud Price is still below the cloud, indicating bearish momentum. But the cloud is thin, and there’s a potential “Kumo Twist” ahead — a favorable condition for a trend reversal. A successful breakout above the cloud would signal a strong bullish shift. 3. MACD (Moving Average Convergence Divergence) MACD line is slightly below the signal line, but both are near the zero level. A bullish crossover may be forming, indicating potential upward momentum. Histogram is nearly neutral, showing weakening bearish pressure. 4. RSI (Relative Strength Index) RSI is around 36.89, below the 50-neutral line, suggesting bearish bias. However, there’s a small upward slope — a sign of possible reversal. RSI crossing above 50 would confirm strength in buying momentum. 5. Volume Volume has been declining over time, indicating accumulation. A strong breakout will require a significant volume surge. 6. Chart Pattern CHZ seems to be forming a falling wedge or a compression zone, typical of accumulation before breakout. A breakout above $0.07 would confirm this pattern. 7. Upside Target If CHZ breaks out, the chart suggests a long-term target near the 0.786 Fibonacci retracement level (~$0.39). This represents a potential +900% move from current levels.
SP:SPX is reaching the 5780 level which was previously strong downside resistance and now is a strong upside resistance.
Tracking EUR/GBP on the 15-minute timeframe, we see a potential short opportunity from a key supply zone. Key Zones & Setup: ? Bearish Order Block (Supply Zone): 0.83800 - 0.83830 This area acted as strong resistance, where institutional traders likely positioned sell orders. Expecting price to push into this zone before reversing lower. Break of Structure (BOS) on lower timeframes (M5/M1) is needed for confirmation. ? Target Area (Demand Zone): 0.83450 If the supply zone holds, price could drop toward this key demand level. This zone aligns with previous BOS levels and price reactions. Trade Plan: ? Waiting for price to push into the supply zone (0.83800 - 0.83830). ? Looking for BOS on lower timeframes (M5/M1) before shorting. ✅ Entering a sell position upon confirmation. ? Targeting the 0.83450 demand zone. ⚠️ Stop-loss above 0.83830 to manage risk. Market Outlook: If price fails to break structure, we avoid shorts and reassess. This setup follows smart money concepts (SMC) with a focus on BOS and order blocks. ? What do you think? Are you seeing the same setup? ??
No comment needed. All information is in the chart analysis. Steps to follow: Analyze yourself. Take the position with SL and Take Profits. Wait, it may take a couple of days, so take a break and step away from the screen from time to time, just like I do :) Get the result. I will update the trade every day. Like, comment with your good mood or viewpoint, share with your circle. It’s together that we get stronger! Good trades, Traders! The golden bear
to thank you all for 500 followers even though im some unpaid shadowed account This is a bio pharma strategy that will yield big and exhorbitantly beyond your dreams when done with options the premise is this we'll be shorting bio pharma since 90% of them just tank in share price picked this from bonanza boys plus trade the trend and that is their usual trend demise (sad) ill add more details as a note if this post reaches 50 likes ! Details on how to enter and sell for dynamic max returns (life changing stuff)
Although there is a reverse head and shoulders formation on the chart, the targets are drawn according to Fibonacci.Let's look for closures above the blue line.
Gold’s horizontal move ended on Friday with the breakdown of the short-term support at 3025. Since then, the critical 3000 level has been tested twice but is still holding for now. The short-term trend has turned bearish, leaving gold prices stuck between the downward pressure from above and key supports at 3000 and the 200-hour moving average. Trump's recent softer messaging regarding the April 2 tariffs has temporarily eased upward pressure. Today's consumer confidence data will be significant, especially ahead of Friday's PCE release. If the short-term downtrend channel holds, another attempt at the 3000 level could occur today, and a break below 3000 might intensify downward momentum. On the upside, the immediate resistance levels to watch are the short-term downtrend line and 3030, both very close to the current price. A breakout above these levels could signal a continuation of flat move above 3000 until key economic data arrives later this week.
OANDA:XAUUSD market has formed a triangle pattern, which is a continuation pattern, and it appears likely to break through the downward trendline. On the 4H timeframe, the price has created long-tailed bars, suggesting bullish pressure that could lead to a retest of the all-time high level. Since the price bounced off the 3000 level twice, I think the market will move higher if it breaks and closes above the triangle pattern, setting up a classic contraction continuation scenario. My goal is resistance zone around 3038 Traders, If you liked this educational post?, give it a boost ? and drop a comment ?