Resistance Rejection: The price is nearing a strong resistance zone (~$3,004). If it fails to break through and forms a bearish pattern (e.g., triple top, bearish engulfing), a downward move could occur. 2. False Breakout: The chart suggests an expected breakout above resistance, but a fake breakout (bull trap) could lead to a sudden reversal, trapping long positions 3. Double Top Confirmation: A double top pattern is forming. If the price fails to maintain higher highs, this could confirm the pattern and trigger a bearish move. 4. Break of Trendline Support: A critical trendline support is marked. If this level breaks, buyers may lose control, leading to increased selling pressure. 5. Market Sentiment & News Events: Any major economic news (interest rate decisions, inflation data) could disrupt the technical setup, causing unexpected volatility. Bearish Scenario If Disrupted: If price fails at resistance and breaks below $2,996, we could see a sharp decline towards $2,988 or lower
Select EUR/JPY to start with on Tradingview and focus on a two-month period between the 8th of May and the 8th of July 2024. Identify the market structure on the HTF (Weekly and Daily). Identify the market structure on the LTF (1HR timeframe). If possible, identify a narrow consolidation of price on the 1HR timeframe. Identify an aggressive bullish or bearish imbalance in price. Draw your supply or demand zone. Identify whether there is a gradual or impulsive retracement. Identify whether a confirmation candle is present. Set your stop loss, take profit, and execute. Follow the same process as above for and EUR/CHF (if you have the paid version), focusing on the two-month period between the 8th of June and the 8th of August 2022.
Sui / SUIUSD hit last week the Pivot Zone that marked the initial historic opening price, the Feb & Marhc 2024 Highs and October 2024 bottom. So far this week is reacting with a bounce. If the bullish trend is sustained, which is also the 0.618 Fibonacci and the 1week RSI bottom like July 2024, then we expect at least a +507.35% rise towards the 1.382 Fib extension. Buy and target $12.000. Follow us, like the idea and leave a comment below!!
✅ Idea 1: Bullish Continuation The price is trending within an upward channel, indicating a bullish trend. If the price maintains support within the channel, it could continue rising toward the next target at 3,025.459. Buy Strategy: Buy near the current level with a stop loss at 2,988.356 and a target of 3,025.459.
BTCUSD technical analysis h1 time frame next move possible and short trade. btc can do this. not financial advise.
I think oil price would be go up and this can be the green light to the war that can be happen between USA and Iran
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Comerica Incorporated Stock Quote - Double Formation * 012345 Wave Feature | Completed Survey * (Pennant Structure)) | Short Bias Entry | Subdivision 1 - Triple Formation * 0.236 Retracement Area | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 131.00 USD * Entry At 124.00 USD * Take Profit At 111.00 USD * (Downtrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
? Market Structure ? Key Support Zone (~19,170 USD) The price recently bounced off this level, which has acted as a significant support area. The highlighted gray-blue zone represents a demand area where buyers stepped in. ? Intermediate Resistance (~19,800 - 20,200 USD) The price is currently testing this zone, which was previously a key breakdown area. A strong rejection here could push the index back towards the 19,170 USD support. ? Major Supply Zone (~21,500 - 22,400 USD) The previous peak around 22,400 USD saw strong selling pressure, leading to a sharp drop. The red-shaded area represents a heavy supply zone where sellers were dominant. ? Bearish Scenario A rejection at 19,800 - 20,200 USD could lead to another retest of 19,170 USD. A break below 19,170 USD would expose the index to further downside, possibly towards 18,500 - 18,200 USD. ? Bullish Scenario A break and close above 19,800 - 20,200 USD could trigger a move towards 21,000 - 21,500 USD. A sustained breakout above 22,400 USD would invalidate the bearish structure and signal a continuation of the uptrend. ? Conclusion: The Nasdaq is at a pivotal moment, hovering around key resistance at 19,800 - 20,200 USD. A breakout or rejection from this zone will determine the short-term direction. Key factors to watch include economic data, Fed policy, and overall market sentiment.
As FOMC rates will approach this Wednesday for USD, we can see EURUSD is going up as it is most likely to break resistance at the top. Therefore, it is good to buy. Entry: 1.092 TP: 1.0935-1.10
✅ Idea 1: Short Position Setup The price is approaching a strong resistance zone near 1,961.6. If the price shows rejection at this level, a short trade can be considered. Sell Strategy: Enter a short position near 1,961.6 with a stop loss at 1,979.2 and a take profit target at 1,827.6.