English : According to our analysis, we anticipate a bearish scenario. Morocan Darija : kanchofo d'apres l'analyse dyalna antsanaw hboot ATENTION : I only share my ideas, not signals
Last Friday, gold retested the 3260 support zone for the second time. After confirming support, prices began to climb steadily, and our low-entry long positions have already delivered impressive returns. From a technical perspective, the broader structure still resembles a head-and-shoulders pattern, but recently, a double-bottom pattern has formed around the right shoulder, signaling an intense battle between bulls and bears—mainly influenced by geopolitical tensions. Here, I would like to propose a bold yet speculative thought: Could the current turmoil possibly lead to a regime change for Trump, or trigger massive nationwide protests? If such scenarios unfold, it would likely be extremely bullish for gold, potentially pushing prices toward 4000. On the other hand, if Trump softens his trade policies under pressure, it would be bearish for gold, making a decline toward 2800 highly probable. Of course, this is purely my personal speculation, and I don't claim deep expertise in international politics. Focusing back on the technicals: The 3260 support is critical. A breakdown could see prices moving toward the 3245–3213 range, or even lower toward around 3190. Any rebound from there should be carefully watched near the 3260 resistance; failure to break above would suggest a potential further drop toward 3153–3137. If the double-bottom pattern holds firmly, a return to above 3400 this week is highly likely. ? Today's Trading Plan: Sell zone: 3407–3418 Buy zone: 3273–3241 Scalping zones: 3288–3323 / 3386–3344 Manage your positions wisely and stay flexible!
We all have memory of shiba Inu...for the newbie do your research, SHIB coin is worth investing the first bull run occur from Mon 27 Sept 2021 to Mon 25 Oct 2021 you will notice big candles to show you how strong the buyers are from Mon 01 Nov 2021 to Mon 19 Feb 2024 you will see a bear run but watch the candlesticks they are not big candles and they are wicks, showing you that the bearish move are just manipulation in the market because buyers are present The dotted lines are market next drag of liquidities, that is where market will be pushing to next(Market love the wicks!!!) The Trend killer are what traders call order block but I call it Trend killer because understanding it is the key success to my trading skill aside general Price Action and others When market came close to the Trend killer it tested it but didn't not break it, the rule of the Trend killer is you will wait for it to break it and take trade from the retracement of the broken zone make sure no Trend Killer is formed on the retracement else you will wait to see how it will fight that one...you have to do your homework So that's the reason why first and second circle failed to break that zone So the zone in which my entry was, is a structure broken Mon 18 Dec 2023 so I decided to take the trade because of the daily bullish candle(9-Apr-2025) that engulf the daily bearish candle(8-Apr-2025) followed by a retracement on a Trend killer (10-Apr-2025) PS: Trade it on Spot Trade
GIANT FIBONACCI RARE HARMONIC PATTERN Im going for a 100k with 7 cons and shares at 20k i want to multi bag 10x All will be shared here step by step just DROP A LIKE FOR ME!
1 inch inches nearer to breaking out to the upside. It's all a matter of time better yet, should I say inch--es.
Bitcoin is creating a new uptrend .And seems like 130k target this year is possible. Lets see if btc can push higher.
In this scenario, we could see a bullish breakout in the Nasdaq over the next 20 sessions, with several pullbacks serving as support points for the price to propel higher.
Hello, traders 85600 area should be the next support, 4h left unfilled gap, onec it will go down to it, panic selling will break the support and starting pulling back slowly down
Recently, the expected Head and Shoulders pattern seems to be delayed — and possibly invalidated — as buyers successfully defended the line at $3,287, pushing the price up to $3,319 on Friday. As a result, a new bullish setup has emerged. On the 1-hour chart, an XABCD harmonic pattern has clearly formed, offering two upside targets: Target 1: $3,367 Target 2: $3,435 On the downside, $3,260 is now acting as the critical level. A break below this point could open the door for lower prices. For now, the bias is long until Target 1 at $3,367 is reached. Traders should monitor short-term sentiment closely: if signs of weakness or a shift appear, the price could reverse earlier. Important to note: the Head and Shoulders pattern remains a risk if price falls below $3,260 after reaching $3,370 and moves toward the neckline at $3,237. ? Summary: Idea: Go long toward $3,367. Risk: Head and Shoulders pattern could still complete if bearish momentum returns. Stay sharp and manage your risk accordingly! ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! ? Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! ??
USDCAD is bouncing off a major daily support level around 1.38100 after a strong bearish move. Price action shows early signs of bullish interest, with the potential for a correction toward the 50-day Simple Moving Average. My target is set slightly lower at 1.4142 to ensure profits are secured before major resistance hits.