Bought some puts for 04/29 strike 439. Too much resistance above, looks like is going to be a rejection. Tight SL at 550.
Long idea for Ethereun on the 1-4H, if we retrace back into the bull iFVG and tap that 1H GP, possible long entry at the level - Targeting external buyside liq for TP and to most recent sellside sweep as a stop loss
? On the BYBIT:BTCUSDT.P chart, a clear symmetrical triangle pattern has formed and already broken down, leading to a confirmed bearish impulse. Price has now returned below the POC level at $93,370.4 (Point of Control by volume), indicating weakness from buyers. ? Key Levels ? POC BYBIT:BTCUSDT.P $93,370.4 — This is the highest volume area, now acting as strong resistance. As long as price remains below, short bias is favored. ? Support BYBIT:BTCUSDT.P $91,905.5 — A short-term target if the bearish momentum continues. ? Lower Target Zone — Indicates the full depth of the breakdown move, aiming at the $90,800–$91,000 range. ? Volume ➡️ Volume increased during the breakdown, then dropped as price revisited the $93,000 zone — this signals a weak retest and seller control. ? Important Notes ➡️ Currently, BYBIT:BTCUSDT.P is trading between two key zones — the POC above and the $91,900 support below. ➡️ Failure to break and hold above $93,370 keeps the bearish scenario in play. ➡️ A move below $92,600 will confirm continuation of the downtrend. ? Strategy Recommendations: ? SHORT Scenario BYBIT:BTCUSDT.P Entry: on a retest of $93,000–$93,200 and rejection Stop Loss: above POC ($93,450) Targets: $92,100 → $91,900 → $90,800 ? Alternative LONG Scenario BYBIT:BTCUSDT.P (only if POC is broken): Entry: after a solid breakout and hold above $93,400 with volume Target: $94,200–$94,800 Stop Loss: below $93,000 ? Conclusion : BYBIT:BTCUSDT.P has completed the triangle pattern and is now in a retest phase. So far, signs still point to bearish continuation, with final confirmation coming from a break below $92,600.
Hello friends Given the price growth we had, the price correction has now managed to make good bottoms, which indicates the strength of the trend, so we can enter the trade. The purchase and target points have also been identified... Follow capital management. *Trade safely with us*
Hello friends Given the price growth we had, a range has now been created in the price correction, which indicates the strength of the trend, so we can enter the trade. The purchase and target points have also been identified... Follow capital management. *Trade safely with us*
DXY, or the U.S. Dollar Index, is an index that measures the value of the American dollar against major currencies such as the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF). An increase in the DXY indicates that the dollar has strengthened against these currencies; a decrease signifies that it has weakened. This index is susceptible to global economic outlook, interest rates, and geopolitical developments. In the past, with Donald Trump's rise to the presidency, expectations of rising inflation in the markets had strengthened. This had caused the DXY to rise from the 100 level to 109. However, the tariffs implemented by Trump and the trade wars he initiated weakened the dollar in the long run, leading to a downward trend in the DXY. As of today, the DXY has technically reached an important support level. At the same time, major currencies forming the index, such as GBP, EUR, and JPY, are trading at resistance points. This situation increases the likelihood of the dollar reacting from this level. If the support level is maintained, we may see an upward movement in the DXY. Conversely, if the support is broken, a deeper downward movement in the dollar index may begin.
GBP/CAD is currently testing a resistance and round psychological zone 1.84996 - 1.85000, which has acted as a strong supply area in previous attempts. The pair has repeatedly failed to break above this zone, showing clear signs of bearish rejection via wicks and bearish engulfing candles. Key Confluences for a Sell Setup: • Resistance Zone: Price is consolidating below the H1 supply zone, forming multiple rejections. • 50 EMA (Daily): Price is currently hovering around the 50 EMA, suggesting potential for downward momentum if it holds as resistance. • Bearish Structure: The pair made a lower high recently, and failure to break the current resistance could confirm a bearish continuation pattern. • Bearish Wick Rejections: Candles are leaving long upper wicks near the resistance, indicating strong seller presence. Sell Zones: • Entry Zone: 1.8500 – 1.85249 (ideal for entries with bearish confirmation) • Stop Loss Zone: Above 1.85500 (to cover liquidity grabs) Target Zones: • TP1: 1.83478 – 1.83240 (first reaction zone near recent structure and EMA support) • TP2: 1.80926 (previous demand zone and daily structure support) Bias: Bearish below 1.85249. Watch for confirmation signals like bearish engulfing, pin bars, or break of minor support levels on lower timeframes.
ETHUSDT is at $1,759 and we’ve got an XABCD harmonic pattern in play! https://www.tradingview.com/x/pjCCtpWJ/ ▸ From $1,516 (X) to $4,147 (A), then slow retracement to $2,120 (B), then a big spike to $4,120 (C), and crash to $1,385 (D). ▸ Now, the chart is eyeing $3,000 as the next big target! ▸ Watch $2,100 and $2,500 as resistance on the way up. $1,500 is key support – let’s see if it holds! ✉️ What’s your take? Will ETH hit $3,000, or are we dipping first? Drop your thoughts! ⬇️
Hello friends Considering the price growth we had, you can see that the upward channel has been broken by the price correction and now you can enter the price correction. The purchase and target points have also been determined... Follow capital management. *Trade safely with us*
Walgreen boots. WBA Long. target 33. Gann Fann. Bullish. By the end of summer max.