Trending possibility As I mentioned in a previous analysis, the chart reacted to a strong support zone with a significant bullish candle, indicating an emotional response. This was followed by a small correction. One encouraging sign suggesting a potential move into the green zone is the considerable buying volume observed at the support level, potentially signaling the end of this correction. According to my strategy, identifying a new uptrend involves breaking a descending trend line and moving decisively above a major level, such as 5500 on this chart. Therefore, if a strong bullish candle forms and closes above this key level, I will consider initiating new long positions. It's crucial to remember that consistent success in this market relies on having a clear strategy and adhering to it diligently. Good luck.
There's still complete chaos in NASDAQ:GERN , but the quarterly report is approaching, and the market is running out of time to ignore the stock's true valuation. Let's see what happens in the next 9 days. In my view, the chart currently looks like this. A return to the mean looks very promising...
SPY (Top Left) Possible Buy Zone: ➔ Between 545 and 547.39 ➔ Confluence with Put Wall (545) and RB Bottom (547.39) Major Resistance/Target: ➔ 550 - 553 area (Call Walls) ➔ If broken, eyes on 555+ Quick Game Plan: Zone Action Notes 545-547 Possible Longs Strong support from options walls 550-553 Potential Profit Taking / Short Setup Call Walls overhead Quote to remember: "Price respects the walls — until it doesn’t. Trade the reactions, not the predictions." ? QQQ (Top Right) Possible Buy Zone: ➔ 472-473 area ➔ Supported by Zero Gamma and a previous consolidation zone. Resistance/Target Zone: ➔ 474.50 - 476 (Highlighted Sell Zone)
⚡ GBPUSD Analysis - 1H Timeframe | April 28, 2025 ? What's Happening: GBPUSD just tapped deep into the Premium Zone while simultaneously reacting off a clean Fair Value Gap (FVG). Signs of bearish rejection are stacking up — Smart Money might be preparing for the kill shot! ? ? Key Levels Highlighted: Strong High = Major invalidation (~1.34317). Premium Zone = Where sellers ideally step in. Fair Value Gap (FVG) = Where price imbalance triggered a reaction. Weak Low = Major liquidity target (~1.32036). ? Key Observations: Price filled the FVG and immediately showed a reaction = sign of Smart Money stepping in. Strong High untouched = still valid for bearish play. Weak Low + Sell Side Liquidity = magnets below. ? 2-SCENARIO PLAN: Plan A — Short Setup (Primary Bias): ✅ Look for bearish confirmation via M15 or M5 structure shift. ✅ Ideal entry around Premium/FVG zone. ✅ TP1 = Minor structure lows around 1.33000. TP2 = Full Weak Low sweep (~1.32036). ✅ SL = Above Strong High (~1.34317). Plan B — Invalidated if: ✅ Strong High is broken impulsively = setup failed. No chasing! ? Risk Management Tip: "Fair Value Gap reactions inside Premium = sniper-level setups. Focus on confirmations, not assumptions." ?♂️ Summary: ✅ Premium Tap ✅ FVG Fill ✅ Bearish Reaction ✅ Weak Low Target Patience = Power. This could be the sniper setup you've been waiting for! ? ➡️ Save this playbook. ➡️ Comment "SNIPE THE GAP" if you're setting the trap! ?
These are Support and Resistance lines for today, April 28, 2025, and will not be valid for the next day. Mark these in your chart by clicking grab this below. Yellow Lines: Heavily S/R areas, price action will start when closing in on these. White Lines: Are SL, TP or Mid Level Support and Resistance Areas, these are traded if consolidation take place on them. Sub R/S: An Area where price action could happen.
The British pound is currently moving towards the upside, showing a gradual but steady climb. However, it is approaching a significant resistance area that could pose a challenge to further gains. ------------------------------- Double top This resistance zone was previously a strong support level before the market formed a double top pattern and subsequently broke below it. As is often the case in technical analysis, this former support has now flipped into resistance, making it a key area where price could face strong selling pressure and potential rejection. ------------------------------- 1h FVG Adding to the confluence, this resistance zone aligns closely with a 1h Fair Value Gap (FVG). FVGs often attract price back into them before a reaction occurs, making this area even more significant for a potential reversal. ------------------------------- Golden Pocket Just below the FVG lies the "Golden Pocket", the 61.8% Fibonacci retracement level from the most recent drawdown. The Golden Pocket is one of the most closely watched Fibonacci levels by traders and is known for its strong influence on price action. Its proximity to the current structure increases the likelihood of a notable reaction, as many market participants will be watching this area closely for signs of rejection. ------------------------------- Conclusion Overall, the combination of previous support-turned-resistance, the 1-hour FVG, and the Golden Pocket retracement forms a high-probability zone where the British pound could encounter heavy resistance and a potential downside move. ------------------------------- Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
Reason for Idea: EUR/USD is currently testing a major support zone near 1.13200, a level that has previously acted as a strong demand area. Price action is showing early signs of buying interest around this zone, with wicks rejecting lower levels. As long as the 1.13200 zone holds, a potential bullish reversal could be seen in the upcoming sessions. Confirmation through bullish candle structure would strengthen the case for a continuation move to the upside. Technical Highlights: Support Zone: 1.13200 — key previous demand area. Price Structure: Higher timeframe support retest. Market Behavior: Early signs of rejection from the support zone. Bias: Bullish, subject to support holding. Important Notes: Await clear bullish confirmation before considering long positions. Managing risk remains essential — no assumptions without structure validation. Focus remains on price action, not predictions. https://t.me/+PhYMxCaNHXdmMTVk
? Quick Context: Price successfully defended the support + liquidity pocket zone (around 3272–3288). A bullish intraday reaction followed, but we are still trapped inside a consolidation range for now. ✅ Valid Zones Remaining from Daily Plan: Support + Liquidity Pocket (3272–3288): ✅ Still active and valid as strong support. Minor Resistance Level Inside Range (3350–3360): ✅ Remains relevant for possible rejections. Major Flip + Resistance Zone (3380–3395): ✅ Still untouched and valid — upper upside target if bullish continuation happens. ⚠️ Zones Weakened or Invalidated: Micro Support 3310–3315: ⚠️ Structure failed to hold cleanly — now treated as a neutral zone (no strong bias here). Intraday Pivot 3260–3265: ⚠️ Previously breached — weak support for now, not a major focus. ? Possible Scenarios: Bullish Scenario ? Holding above 3272–3288 = potential rally toward 3310–3315, then 3350–3360. Solid break and close above 3360 = bullish continuation potential toward 3380–3395. Bearish Scenario ? Clear loss of 3272–3288 = risk of a sharper selloff toward lower discount zones (~3220–3240). ? Extra Observations: Current structure = sideways/consolidation between buyers and sellers. Short-term momentum (M15–M30) is trying to lean bullish but without a confirmed HH yet. HTF bias (H1–H4) remains slightly bullish as long as price holds above the 3272–3288 support zone. ? Final Note: ? Patience is key. Let price react around the zones — we are ready and disciplined to execute based on real confirmation, not emotions. ✨ Final Friendly Message: "We’ve already done the heavy lifting by marking the battlefield. ?️ Now it’s all about patience, precision, and letting Goldie show its next move. ?✨ Stay sharp, stay humble – and remember: we react, not predict. ? Let’s make this a week where we checkmate the market together! ♟️ If you enjoyed this update, leave a like, drop a comment, or just say hi – you’re part of the GoldFxMinds crew! ??❤️"
I'm holding my Buying order at 3279 which I mentioned why I took buy at 3278-80 area What possible scenario we have? Bullish scanario: Currently market Is in falling wedge channel and market Is on retest upper trend line which meets 3315-20 resistance area although my buy trae3s that 3315 in first round. Additionally : if market breaks the trend line and closed above the 3315-3320 then stay on bullish move upto 3360 target. Brearish Scenario: On the other hand, market shows 3270-3280 shows strong rejection area at this time ,if market directly fall to that area and gives closing below then we’ll enter on selling side and 1st target will be 3245 then 3230. Additionally: as currently I'm holding my buy and my tps are 3315. If market remains low candles closes below 3320 ,then we'll on selling side.
BINANCE:CVXUSDT is testing the top of its local range and supply zone. A prime A+ spot setup could form on a healthy pullback. ? Watching closely for a higher low to confirm continuation. ? Base scenario: — Breakout and retest of the range top inside a supply area. — Looking for a pullback into the $1.8–$2.2 support zone. — If a higher low forms there with confirmation, it sets up a strong long opportunity. ?️ Set alerts around $1.8–$2.2 and monitor for bullish signs (higher low, reclaim patterns). ?️ Invalidation: Clean break below $1.4 (range bottom). Patience is key — confirmation first, entry second. ?