We have an Elliott Wave count to support this idea, a confluence of Fibonacci levels as well as an extremely oversold and then the same could be said about the Bitcoin Dominance chart. From a technical perspective the Bitcoin Dominance chart also has a setup that adds a point of confluence for this reversal. Let me know what you think. Good luck!
? Nas100 – The Way of the Silent Blade ⭐️ We do not predict—we calculate. We do not react—we execute. Patience is our shield. Precision is our sword. ? market is a battlefield where hesitation means death. The untrained fall into traps, chasing shadows, believing in illusions. But we are not the crowd. We follow no signal but the one left behind by Smart Money. Their footprints are our way forward. ? Bearish Structure Shatters Key Break Confirms the Path – 19450 Zone our reversal always at key level even a reversal area is well studded reasons Liquidity Swwep liquidity / choch key level / multi retest before weekly / monthly zone ? This is the threshold where the tides shift. If price pierces this level with authority, it is no accident—it is designed. The liquidity pool above has been set, and the institutions will claim their prize. Volume must confirm the strike. A clean break, a strong push, and the path is set. Watch the volume. Watch the momentum. Strike without doubt
DEtailed technical analysis using trading view indicates a Buy opportunity on USD/CAD. Capture it with risk managed .
Gold is overbought on its 1D technical outlook (RSI = 72.881, MACD = 47.430, ADX = 30.048) and is headed for the top (HH) of the 3 month Channel Up. The 1D RSI is on the very same LH formation as the top of the previous Channel Up on October 30th 2024. That resulted to a 1D MA100 pullback on the 0.5 Fibonacci retracement level. Consequently, we turn bearish here, aiming for the 0.5 Fib (TP = 2,815). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
✅Today, the Asian and European sessions rose to 3045 and then fell back. The US session rebounded to 3040 for the second time but failed to break the previous high, forming a secondary high point suppression, and fluctuated in the 3020-3040 range at the end of the session. ✅1-hour chart The price is running at the lower edge of the rising channel (3020). If it fails, it will weaken. The reference support below is the 3000 mark. ✅The 30-minute chart initially shows the prototype of a "head and shoulders top" (left shoulder 3045, head 3040, right shoulder to be determined), the neckline is at 3022, and the pattern is confirmed if it breaks, and the theoretical downward target is 3000-2990. ✅Fed interest rate decision deduction and strategy 1. Dovish signal (good for gold): ?Condition: Powell mentioned the risk of economic recession or maintained the expectation of interest rate cuts in 2024; ?Strategy: After breaking through 3050, it will step back to confirm the pursuit of long positions, with a target of 3070-3100; if it falls back quickly after a false breakthrough, short positions on the right will be involved. 2. Hawkish signal (bad for gold): ?Condition: The dot plot suggests less than 2 rate cuts this year or downplays inflation concerns; ?Strategy: Arrange short orders in the 3040-3050 area, stop loss at 3055, target 3010-3000; if it breaks 3000, increase positions to target 2980. 3. Neutral statement (continued volatility): ?Condition: The policy statement is vague and there is no clear guidance; ?Strategy: Maintain the 3020-3050 range and buy low and sell high, and stop loss at $5 if it breaks. ?The current market situation is in a high-risk state. Trading on your own may result in huge losses. Our professional guidance can help you avoid risks while obtaining continuous and stable profits?
NZD/JPY Has rejected a major resistance area and is breaking structure to the downside. The JPY index is looking strong from a major demand level. XXX/JPY pairs do the opposite of whatever the index does. Therefore I will be selling NZD/JPY looking to catch over 200 pips easy.
This is my overall analysis for AUDJPY with tp hitting around Mar 25. Goodluck!
making HH AND HLs also bullish divergence Stragty1 buy stop sl and tp
? #GBPJPY Buy 194.2 - 193.8 ? Stoploss 193.0 Breakeven 194.25 TakeProfit 1: 194.4 TakeProfit 5: 195.2 TakeProfit 12: 196.6 TakeProfit 18: 197.8 TakeProfit 24: 199.0 Trade at your own risk Protect your capital The Wizard ?♂️ WEDNESDAY 03/19/2025 03 AM EST
? Overall Trend: The pair has been in an uptrend but is now facing a strong resistance zone. A corrective move to the downside is expected after reaching these levels. ? Key Levels: ? Strong Resistance Zone: 1.0958 - 1.0993 (A supply zone that could push the price down). ? Targeted Support Zone: 1.0376 - 1.0335 (A demand area where price may find support and bounce). ? Expected Scenario: 1️⃣ The price may reject the current resistance level and start a corrective move downward. 2️⃣ A potential retest of 1.097 - 1.099 could occur before confirming the bearish move. 3️⃣ The downside target is around 1.037 - 1.033, where a strong support level is expected. ? Conclusion: Monitor price action at resistance; if reversal signals appear, selling opportunities could be considered with targets at the mentioned support levels.