"Hello traders, focusing on BTC, the price has broken below a trend line and closed under it on high time frames. I anticipate a decline to (FVG) with a target at $84,000. This analysis is based on high time frames. On lower time frames, there might be a move up to $92,000 to complete a pullback for reduced risk. Trade Plan: - Entry Point: $92,000 - Take Profit: $84,000 - Stop Loss: $94,500" If you require further assistance or have any specific questions, feel free to ask!
Chart Setup: #BTC is forming a Head & Shoulders pattern on the 30-minute timeframe, signaling a potential bullish breakout. Additionally, a bullish divergence has appeared, strengthening the case for an upward move. Key Levels to Watch: ? Neckline Breakout: A confirmed breakout above the neckline could trigger a strong long opportunity. ? Support Zone: If #BTC retests and holds the support level, it may provide a better risk-reward entry. ? Invalidation: A breakdown below key support could shift the bias. Trading Plan: ? Wait for a clean neckline breakout with volume confirmation. ? Set a stop-loss below recent support. ? Target key resistance zones for profit-taking. What’s Your Take? Will #BTC break out or get rejected? Drop your thoughts in the comments! Follow for More Trade Ideas & Market Updates!
Overall trend is bullish. wait 1st move do the push phase (dont take a trade) let 2nd move do a bullish CS (like the sketch), Enter on the next CS. TP1 - liquidty line above.
There is a strong line of support and resistance at 148.65 area, I have a short position I opened a few weeks ago. I am still patiently waiting for the price to break below this level. In October 2024, the price tried to break above the same support and resistance area and it took three weeks to properly break above and start the bull trend. (see blue box in the chart) At the time, the price consolidated in the ascending parallel channel and the momentum indicators were showing clear hidden divergence which is the continuation of the trend. I think the same scenario is unfolding right now. The price is moving inside the descending parallel channel and RSI is starting to show the hidden divergence. My overall bias for USDJPY is bearish so I am looking for an entry to short. When the price hit the upper parallel channel and rolle over to the downside, it might be a good place to open a short position.
GBP/CAD has been in an extended move higher, breaking last week’s short setup. Now, I’m looking for a short entry on a test of daily resistance, expecting a potential pullback. ? Trade Notes: ? The pair has rallied significantly, and price is approaching a key resistance zone where sellers may step in. ⚠️ A strong upper wick on the VIX Daily Candle suggests risk sentiment is stabilizing, which could support GBP underperformance vs. commodity currencies like CAD. ? Trade Plan: ? Pending Short Order: Waiting for price to test daily resistance before entry. ? Target: A move lower toward the 1.806 - 1.800 zone. ? Risk Management: Stop-loss above resistance; will adjust accordingly based on price action. Guide for Execution: ✅ No Martingale: Additional orders are same size as the first, avoiding unnecessary risk. ✅ Remove Untriggered Orders: If the exit target is hit before entry, the pending order will be removed. Will GBP/CAD finally roll over from this extended push? Watching closely for confirmation. Drop your thoughts below! ?
Probability Analysis: Given the market structure and liquidity considerations, we can assign percentage probabilities to different scenarios: Bullish Scenario (Price moves up to PDH - 189.700 or Premium Zone - 191.000) Probability: 55% Reason: The market recently showed a ChOCH to the upside. If price maintains above the equilibrium zone, it may target PDH or even higher into the premium zone. Liquidity above equal highs (EQH) might act as a magnet. Bearish Scenario (Price moves down to PDL - 188.200 or Demand Zone) Probability: 45% Reason: There’s a weak low that could be grabbed before a reversal. Market has seen BOS downward, showing some bearish intent. If price rejects the current resistance and moves below equilibrium, the next stop is the discount zone (188.200-187.900).Slightly higher probability of a bullish move (55%), as price is currently attempting to establish higher lows and break towards PDH. Key Confirmation Needed: If price remains above 188.900, bullish continuation is more likely. If price breaks below 188.500, bearish pressure may take over.
? Gold (XAU/USD) Market Analysis – 1H Timeframe ? Current Price: 2,919.530 ? Market Structure: Bearish Bias ? Key Levels: ? Supply Zones (Resistance): 2943-2947 2954-2956 ? Demand Zones (Support): 2874-2882 2834-2838 ? Entry Plan – Short Setup ? Sell Zone: 2923.8-2929 (Fib 0.618 - 0.786) ? Targets: ✅ TP1: 2874-2882 ✅ TP2: 2834-2838 ⚠️ Key Observations: • CHoCH & BOS indicate bearish momentum. • If price holds below 2923, expect continuation down. • Break above 2929.74 may lead to a liquidity grab before reversal. #FXFOREVER #Gold #XAUUSD #SmartMoney #SMC #Liquidity #OrderBlock #Forex
simple TA. bear flag, rising wedge within flag, calculating move via pattern range and key support levels. Price targets posted on chart. side note, ATR ready for a move, volume showing some decent reliability at previous reversal.
GBPUSD already in buy trend and there is enough liquid coming in market for trend and trend is already in buy trend so i expect buy trend run today so today is greatest day for buy GBPUSD..
gold has seen yesterday a broke of uptrend structure. it is visble of its change of trend pattern formation however a strong support lying close. will it be able to break to provide a strong pullback after a constant uptrend for 2025 is yet to be discovered