CADJPY started printing series of LH and LL. Its a good time for a short trade and can earn a good amount of money.
In this article am going to show a candlestick pattern. Candlestick Patterns are forward looking indicators. This means it will show you signal before the Rocket Booster Strategy clicks. The ? Rocket Booster Strategy is a common technical analysis signal. Because it's a very simple one to show you trends. When you look at this chart you will notice: ? The price is above the 50 EMA ?The price is above the 200 EMA ?The Candlestick Pattern Is A Bullish Harami ❌In this case the EMA's have not crossed. ❌In this case the price has not gapped up. Even though, ✅A Bullish Reversal Candlestick Pattern has formed called " Bullish Harami" ✅The price is above both moving averages. This goes to show you that the rocket booster strategy is not perfect. If you want to see what happens then enter a buy signal on your simulation trading account. Trade safe. Rocket boost this content to learn more. Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies.Also use a simulation trading account before you use real money.
Crude oil market analysis: Recently, crude oil has been running up. Yesterday, the daily line had a technical retracement under the pressure of 65.00. Today, we are still bearish. Let's continue to sell when it rebounds. There is still a lot of room for crude oil to fall. Today's crude oil rebounded near 64.00 and sold. If it breaks below 60.00, it will open up a new space for a big drop. The recent data and fundamentals of crude oil are suppressing it. Buy today and expect a big rebound. Operational suggestions: Crude oil---sell near 64.00, target 63.00-62.00
A bearish outlook on the short term, which may give us the internal details of a corrective wave in the larger time frame, provided that the recent peak is not breached. The targets shown may be target areas in the selling path.
? Macro Structure Since November 2022 Since the bottom in November 2022 (~15.5K), Bitcoin has been unfolding a clean impulsive structure, counted as: (1) – strong breakout from the bear market lows (2) – corrective pullback as a base (3) – major impulsive rally with clear volume expansion (4) – textbook correction right into the white Fibonacci zone, perfectly respected Now, we are in Wave (5) – the final leg of this larger impulse! ? Internal Structure of (4) → (5) From the low of wave (4), the price action is developing in a classic 1-2-3-4-5 formation, where: Wave 1 initiated the breakout Wave 2 formed a shallow pullback Wave 3 surged with momentum and volume Wave 4 seems to have completed (or is finalizing now) COINBASE:BTCUSD Wave 5 is upcoming, potentially unfolding as an ABC structure (rather than a straight-line spike), showing a more measured grind toward the top ? Cycle-Level Perspective This entire impulse from (1) to (5) forms a macro Wave ③ in the larger Elliott Wave cycle. Given the structure of Wave (5) so far, we may not see a vertical blow-off top but rather a controlled ABC move into the top zone. ? Target Zone for Wave ③ $127,000 – $136,000 Based on Fibonacci projections of waves (1)–(3) Strong psychological levels Likely confluence with macro channel resistance and long-term projections ✅ Conclusion Bitcoin is currently progressing through Wave (5) of the macro impulse that started in late 2022. The structure from Wave (4) suggests a well-organized path forward – possibly forming an ABC structure into the final high of macro Wave ③, with targets in the $127K–$136K zone. This level could mark a major turning point before a deeper corrective phase begins.
AMB lost support range and did 1:1 move to downside - same move as in 2019-2020. We are oversold and I expect bounce up to test S/R range that we lost. Bull plan only if we manage to break diagonal resistance line which is holding us back for 7 years. If we break it then expect 2nd push to X-wave level and from there pullback to our S/R range for higher low.
OANDA:XAUUSD ? Watching closely: Possible Head and Shoulders formation developing on the 4H and 1H charts As of April 24, 2025, Gold (XAU/USD) is forming a potential Head and Shoulders pattern on the shorter timeframes (4H and 1H), which could indicate a reversal setup. While multiple scenarios are still in play, the price action around the $3368 level will be crucial. If price fails to break above this resistance in the near term, it could suggest weak bullish momentum and open the door for a pullback toward and possibly below the neckline around $3250 . ? Key Economic Events – April 24 08:30 EDT – Durable Goods Orders MoM Forecast: +2.0% Personal outlook: Numbers might come in weaker than forecasted. Durable goods orders are a solid gauge of industrial demand. Weaker-than-expected numbers would likely weaken the USD and could offer some upside pressure on Gold. 10:00 EDT – Existing Home Sales Forecast: Lower than previous. As a key barometer of consumer confidence and economic stability, lower-than-expected figures could also put pressure on the USD, potentially providing Gold a short-term bullish impulse. ? Potential Scenarios Scenario 1 – Bullish Breakout Weak economic data → USD weakens → Gold spikes above $3400 If both data points disappoint, we could see a rally in Gold, possibly breaking the resistance and invalidating the H&S pattern. Scenario 2 – Bearish Breakdown (Preferred H&S Scenario) Strong data → USD strengthens → Gold falls below $3200 While less likely, if economic data comes in stronger than forecasted, Gold could see a significant drop, forming the right shoulder and breaking the neckline – confirming the Head & Shoulders reversal. Scenario 3 – Sideways Movement Neutral data + Tariff talks in focus In the absence of impactful data or if figures come in as expected, Gold might consolidate sideways. Ongoing developments around US-China tariff negotiations could dominate sentiment, delaying or nullifying the H&S pattern entirely. ? Market Sentiment Snapshot US stocks are rallying on optimism around tariff reductions Trump administration signaling potential easing of China tariffs ➡️ Gold under pressure as risk-on sentiment rises ? Conclusion Keep an eye on the $3368 level and $3250 neckline. Short-term moves will likely be dictated by today’s economic releases and the evolving trade narrative. A confirmed break below the neckline would validate the bearish H&S scenario with potential downside toward $3200 and below. ? Stay nimble and trade the reaction, not just the forecast. ------------------------------------------------------------------------- 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! ??
H1 - Strong bullish momentum followed by a pullback No opposite signs Expecting further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE ?, FOLLOW ✅, SHARE ?, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! ? -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
From the analysis of the 4-hour line, today's support is around 3300-3310. If it falls back during the day, you can buy more once before rebounding. The upper short-term resistance is around 3340-3356, and the focus is on the suppression of 3380-90. The overall support is to maintain a wide range of long and short fluctuations in this range. In the middle position, watch more and move less, and follow orders cautiously, and wait patiently for key points to enter the market. Gold operation strategy: Gold rebounds at 3340 and goes short, rebounds at 3360 and covers short positions, stops at 3367, targets 3300-3310, and continues to hold if the position is broken;
Bitcoin continues to impress on the daily chart. After breaking through both the long-term descending trendline and the key resistance at $88,804, price has now clearly confirmed a higher high – officially shifting the market structure back to bullish. It’s also holding well above both the 50-day and 200-day moving averages, showing strong momentum behind the move. The breakout came on a surge of volume, validating the move and signaling genuine interest from buyers. While we could see a short-term pause or retest of the $88,804 level, the current strength suggests bulls are back in control – at least for now.