Hey there. New to technical analysis and was hoping I could get some feedback on what I am seeing. Descending channel breakout with increasing volume Retest on the top of channel: Lines up with the 0.5 fib retrace Higher high outside of channel Inverse head and shoulders forming with right shoulder on top of channel Daily close above descending channel, with what looks like a new open at 18.25 premarket (Above channel) I would be thinking that the 0.5 fib (retest on descending channel) would want to hold.. the reasoning behind that is that a golden pocket retrace (618) would mean the descending channel retest didn't hold, and that would paint a right shoulder to a nasty little head and shoulders back within the channel, resulting in another test of the bottom support. Any comments on what I am missing, or doing wrong, would be much appreciated. Xox
GBPAUD has formed an attractive inverted head and shoulders pattern on the 4-hour chart. A bullish breakout above the neckline indicates a strong reversal signal, suggesting further upward movement and a potential test of the 2.0560 level in the near future.
Structure formation almost complete for the confirmation point to trigger for Profit..ENJOY!!
Greetings traders, As we all know, FX:EURNZD is currently in an up trend, after several days of bearish moves, i think that team bullish are now stepping in to defend. Here on this post, i tried sharing my thought about EURNZD next moves. Both my entry and exits and reason to the trades are all on the video, pls take your time out to watch. Thank you.
Gold has hit $3,040 per troy ounce for the first time in history. According to Goldman Sachs, gold could rise another 8% in 2025, reaching $3,100. But will this rally continue, or is a middle-term correction coming? What’s Driving Gold’s Growth? ✅ Geopolitical Tensions: Conflicts in Eastern Europe and the Middle East increase demand for safe-haven assets. ✅ Inflation & Fed Policy: Persistently high US inflation keeps gold attractive as a hedge asset. ✅ Central Bank Demand: Ongoing geopolitical and economic uncertainty is driving institutional purchases. ✅Trump’s Trade Policies: New tariff wars could weaken the dollar, further supporting gold prices. TECHNICAL ANALYSIS SINCE gold has broken resistance of 2995 we could actually see it go $3100. buys can betaken around 2995-2991. what are your thoughts ?
General Mills, Inc. (NYSE: NYSE:GIS ) manufactures and markets branded consumer foods worldwide is set to report Third Quarter Earnings results today before market opens. With shares moderately up 0.85% in Wednesday's premarket trading. Founded in 1866 and headquartered in Minneapolis, Minnesota. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. Financial Performance In 2024, General Mills's revenue was $19.86 billion, a decrease of -1.18% compared to the previous year's $20.09 billion. Earnings were $2.50 billion, a decrease of -3.75%. As investors awaits for the earnings reports NYSE:GIS shares are also waiting for build up momentum to surge breaking above the 1-month high acting as resistant point. Similarly, should NYSE:GIS faced selling pressure, the 65% Fibonacci retracement level acting as support point would broken leading to consolidatory move to the 1-month low albeit the stock is still bearish at the moment with only Gold surging to new All time high yesterday. Analyst Forecast According to 17 analysts, the average rating for GIS stock is "Hold." The 12-month stock price forecast is $66.13, which is an increase of 9.41% from the latest price.
Dogecoin has a good opportunity to make another similar upward movement like we had previously, where the price is almost near the local lows zone. We are going to look for a potential further movement to lower zones, where we will be looking for a strong volume push, but we are also keeping an eye on any other zone where we might see MSB to form (which would then indicate a possible further trend switch). Swallow Team
This CHF/USD chart presents a compelling bearish setup, suggesting that the pair may be headed for a decline after facing strong resistance. The price action has followed a technical breakout and retest pattern, with a clear rejection from a well-defined resistance level. Traders looking for short-selling opportunities should take note of the key price zones, support levels, and overall market structure before making a move. Let’s break it down in detail. ? Chart Breakdown: What’s Happening? 1️⃣ Falling Wedge Breakout & Bullish Push The price was consolidating inside a falling wedge, a pattern that typically signals an eventual breakout to the upside. The breakout led to a strong bullish move, pushing the price toward a well-established resistance zone around 1.1414. After breaking out, the pair made a significant upward run before stalling at this key resistance. 2️⃣ Key Resistance Level Holding Strong The price touched the resistance zone but failed to break above it. This rejection indicates that sellers are stepping in, absorbing the buying pressure. The market is showing early signs of bearish momentum, hinting at a potential downtrend. 3️⃣ Projected Bearish Move: Lower Targets in Sight If the current rejection holds, the price is likely to fall toward the nearest support levels: ✅ TP 1 (Take Profit 1): 1.1271 → First major support level, likely to be tested soon. ✅ TP 2 (Take Profit 2): 1.1201 → A deeper retracement if selling pressure increases. ✅ TP 3 (Take Profit 3): 1.1055 → Final downside target if the bearish trend extends further. 4️⃣ Stop Loss Placement – Risk Management To manage risk, the ideal stop loss should be placed slightly above the resistance level at 1.1414. This protects against potential false breakouts and unexpected market shifts. ? Trade Strategy – How to Approach This Setup? ? Entry Point: Look for a confirmed rejection of the resistance level (e.g., bearish candlestick patterns like engulfing, shooting star, or pin bars). ? Stop Loss: Place above 1.1414 to avoid getting caught in a short squeeze. ? Take Profit Targets: First TP at 1.1271 Second TP at 1.1201 Final TP at 1.1055 for extended downside moves ⚠️ Important Notes for Traders: ✔ Wait for Confirmation: Don’t rush into a short trade. Look for a strong bearish candle closure or a retest before entering. ✔ Be Aware of News Events: Economic releases, interest rate decisions, and major USD-related news can impact price movement. ✔ Monitor Market Sentiment: If USD strengthens, this setup is even more likely to play out. ? Final Thoughts – High Probability Short Setup? ✅ Why This Trade Looks Strong: The technical pattern is playing out perfectly, with a clear resistance rejection. The risk-to-reward ratio is favorable, with well-defined entry, stop loss, and take profit levels. The overall market structure supports a potential downside move if price continues respecting resistance. ? Bottom Line : If price remains below the 1.1414 resistance, this trade setup could provide an excellent opportunity for short-sellers targeting lower support levels. ? Stay patient and wait for confirmation before pulling the trigger!
Chipotle’s all about those fresh ingredients—avocados, tomatoes, you name it—and a ton of that stuff comes straight from Mexico. Now, throw in some hefty tariffs, like the 25% ones Trump was pushing earlier in 2025, and suddenly those ingredients aren’t so cheap anymore. If those tariffs stick, Chipotle’s got a tough choice: swallow the higher costs and watch their profits shrink, or hike up burrito prices and risk losing customers. Either way, it’s a gut punch to their bottom line. And the stock? It’s already feeling the heat. CMG’s sitting at $50.49 right now, down a brutal 12.65% in just the past month. Traders on X are screaming it could slide to $43 - $38, and that’s before the tariffs even fully hit. With a bearish flag waving on the chart, the vibe’s getting grim. If tariffs crank up costs and scare off diners, that $40 - $35 range starts looking less like a stretch and more like a real possibility. Sure, it’s not a lock—tariffs could still fizzle out with negotiations, and Chipotle might dodge some of the damage by switching suppliers. But right now, the threat’s real, and the market’s jittery. That’s why TradingView’s lit up with this call: tariffs could be the shove that sends CMG tumbling. Keep your eyes peeled—this one’s got some serious sizzle!
Based on technical factors there is a Buy position in : ? ARCUSDT ? Buy Now ?Stop loss 0.0310 ?Target 0.0600 ? R/R 1,8 ?RISK : 1% We hope it is profitable for you ❤️ Please support our activity with your likes? and comments?