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Beyond Technical Analysis

Is Bitcoin going to start rising?The latest U.S. economic data has brought significant impacts. The core PCE inflation witnessed a 0.4% month - on - month increase, hitting the highest growth in a year, with a year - on - year rise of 2.8%, exceeding market anticipations. Meanwhile, the long - term inflation expectation from the University of Michigan has soared to a 32 - year high, intensifying market concerns about inflation's resurgence. Currently, the market remains enveloped in macro - risks, pending a softening of market sentiment. Turning to the Bitcoin market, as depicted in today's price trend (the current BTCUSDT price is $82,338.01, dropping by $2,086.37, a 2.47% decline), the K - line chart analysis indicates a downward trend. The Williams indicator signals an oversold condition. Additionally, trading volume has contracted recently, with both price and volume decreasing, suggesting a sluggish and inactive market. Nevertheless, if Bitcoin can stabilize above $82,000 and there are signs of capital reflux, gradual position - building may be considered, with a target price set above $90,000. Investors must recognize that the Bitcoin market brims with uncertainties. Variables such as forthcoming U.S. economic data, regulatory policies, and geopolitical scenarios will all sway Bitcoin prices. In this volatile financial landscape, meticulous analysis and judicious decision - making are of utmost importance for investors navigating the Bitcoin market. BTCUSDT buy@82000-83000 tp:84500-86500 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
BITSTAMP:BTCUSDLong
by JohnGonzalez7
1
U.S. Econ Shocks: Bitcoin & Profit SignalsThe latest U.S. economic data has brought significant impacts. The core PCE inflation witnessed a 0.4% month - on - month increase, hitting the highest growth in a year, with a year - on - year rise of 2.8%, exceeding market anticipations. Meanwhile, the long - term inflation expectation from the University of Michigan has soared to a 32 - year high, intensifying market concerns about inflation's resurgence. Currently, the market remains enveloped in macro - risks, pending a softening of market sentiment. Turning to the Bitcoin market, as depicted in today's price trend (the current BTCUSDT price is $82,338.01, dropping by $2,086.37, a 2.47% decline), the K - line chart analysis indicates a downward trend. The Williams indicator signals an oversold condition. Additionally, trading volume has contracted recently, with both price and volume decreasing, suggesting a sluggish and inactive market. Nevertheless, if Bitcoin can stabilize above $82,000 and there are signs of capital reflux, gradual position - building may be considered, with a target price set above $90,000. Investors must recognize that the Bitcoin market brims with uncertainties. Variables such as forthcoming U.S. economic data, regulatory policies, and geopolitical scenarios will all sway Bitcoin prices. In this volatile financial landscape, meticulous analysis and judicious decision - making are of utmost importance for investors navigating the Bitcoin market. BTCUSDT buy@82000-83000 tp:84500-86500 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Long
by JohnGonzalez7
2
ACH/USDT - Potential Bounce Incoming 30%+ Gains PossibleI'm analyzing the ACH/USDT 4-hour chart and spotting signs of a potential rebound. Here’s what I’m seeing: ✅ Support Zone: Price is testing a key support level around $0.02119, which has held strong in the past. The market appears to be accumulating in this area. ✅ EMA Crossovers: The chart shows a bearish crossover between the 12 EMA and 20 EMA, but watch for a bullish reversal as price approaches this support. Potential for a rebound if the EMAs cross back to the upside. ✅ Volume Delta Analysis: There's a notable increase in volume with a Delta Volume of 28.42%, indicating heightened interest at these levels. ✅ Reversal Probability: The chart shows an impressive 85.6% reversal probability, suggesting a strong chance of a bullish move soon. ✅ Targets: Looking for a potential 30%+ bounce towards key resistance levels at $0.02559, $0.02657, and $0.02845. 📉 Risk Management: Setting a stop loss slightly below the $0.02119 support level to minimize risk in case of further downside. 📈 If support holds and momentum shifts, a strong move upward could follow. Stay vigilant! 🚨 Not financial advice. Always do your own research.
Long
by ictc3d
The "Good" Crypto Narrative Is OverIt's been a while since I've done a bit of a deep-dive on this market and why I don't believe it'll sustain a significantly higher value in the future. I no longer have the stamina to write a long-winded post. It's exhausting at this point, and I don't need to reiterate it. Instead, I'll summarize recent developments and their impact on the crypto narrative. 1) The TOTAL crypto market cap currently rests below the all-time high from 2021. This is even including stablecoins. There is $144B worth of USDT currently in circulation. In 2021, that number was $80B. Meanwhile, stock indexes and several individual stocks are significantly up from their last peaks. From a "store of value" standpoint, this doesn't look great, particularly factoring in inflation. Adjusted for inflation, Bitcoin itself is sitting below its inflation-adjusted 2021 all-time high, which is around $84K. 2) Bitcoin active addresses are back to 2017 levels and BELOW the levels from even the previous bear market! This implies that "authentic" adoption has stagnated and begun a decline. studio.glassnode.com 3) In the eyes of a growing number of investors, Trump and Elon's crypto push has only solidified the crypto market as a joke and as a global symbol of greed and corruption. 4) Gold has far outpaced Bitcoin as a store of value during this recent period of turbulence, disproving Bitcoin as a possible safe haven. Here is the Bitcoin/Gold chart for reference: 5) Still, if cryptocurrencies completely ceased to exist, there would be no net-negative effect on the world. In fact, it may be a net-positive. Unless this suddenly changes, crypto does not have any real world value. You cannot say this about most MIL:1T + markets: If most major companies and resources ceased to exist, we'd see a very significant (mostly negative) impact on our daily lives, almost immediately. In summary, I don't think people will be coming in droves to invest in this market. I think that ship has sailed. The opportunity for it to prove itself has waned, and it has been overtaken by largely bad actors. If anything, I think people are more likely to be forced to buy it than enter the market willingly. From a technical standpoint, a breakdown from the big uptrend channel in the chart above would likely confirm that the top is in. --------------------------------------------- Beware, a crypto narrative still exists, but it's only the one fed to us by those in power. It will be important not to fall for it. I worry that people will be forced to own cryptocurrencies, at the expense of their freedom. And even in a situation where crypto prices continue to increase, it is unlikely to be seen positively. Once we graduate from these strange and confusing times, rife with dissociation, monopolies, grift, and power consolidation, it seems more likely that humanity will look at crypto as part of an uncomfortable past. If we never move on to more optimistic times, and things continue to become more dystopian, well, then that would be a time where crypto adopters can say, "hey, we were right!" But...at what cost? Regardless, it will always be possible to profit from the volatility, hence my attempts at trading a little recently, with a focus on Litecoin. So, trading opportunities will present themselves, which will keep at least some people interested in this market. I think it is unlikely to be enough liquidity to sustain significant new all-time highs. Here is my last big post, where I detailed more reasoning - this was prior to the Bitcoin ETF's: And here is a recent post, where I describe how my own thoughts about the market evolved, from when I first entered in 2017 to the present: As always, this represents only my opinion, and is meant for speculation and entertainment only, not as financial advice. There are many other opinions out there. It is your responsibility to develop critical thinking. Thanks for reading as always! -Victor Cobra
CRYPTOCAP:TOTALShort
by VictorCobra
5 Key Points for Blockchain Future5 Key Points for Blockchain Future 【old articles published on 2022】 During 2020-2022, the blockchain industry experienced extremely rapid changes. From 2019 to the first half of 2020, there were almost no interesting primary projects and new ideas, until Compound directly drove the Defi boom, then followed by DEX, NFT, Metaverse, GameFi, and the upsurge of entrepreneurship. However, all industries of life follow the law of nature and the law of harmony between Yin and Yang. When the tide rises, the tide will ebb. The last wave of the X to Earn boom will be driven by StepN in 2022, when the "grand debut" of the LUNA crash, the top 3 in the industry, directly cools down the overheated market just like the arrival of the moon at night. Combined with the global supply-side imbalances caused by the Fed's interest rate hike strategy and the Russia-Ukraine conflict, the market has experienced extreme volatility and uncertainty. The sudden breakup of two supposedly friendly exchanges, Binance and FTX, is an indirect reminder that we are living in a period of extreme instability and diversification. The black swan and the white swan are more indistinguishable. There are great opportunities and uncertainties in the future. In order to better embrace the new rhythm, we may pay attention to the following five points: (The Chinese version was published at Nov, if you like reading Chinese, you can find that version) 1. The blockchain world will expand larger ecosystems and exchanges, but not need as many. From the historical trend, everything is going to be unified after merger and elimination, and it is the same in the field of blockchain. Now, the ecology of the large platform of the layer 1 public chain has gradually entered the white-hot stage of the competition. With the test of the bear market, it is inevitable that more than one LUNA and FTX will leave and be eliminated from the projects and exchanges we are familiar with. BINANCE:LUNAUSDT BYBIT:FTTUSDT Of course, the fierce competition is also the alchemist of high-quality ecology, to test who can stabilize the internal situation to grasp the historical trend and become the next chain on the world leader. Therefore, risk avoidance and allocation should be done as early as possible. Focus on projects with long-term value and stay away from projects with lip service and over-the-top bragging. 2. Conduct spiritual enrichment exercises as early as possible to meet the alternative fantasy world brought by the metaverse and Virtual age and effectively deal with deeper loneliness. The continuous progress of science and technology often brings more convenient living conditions and a more lonely spiritual world. With quick access to information, cool virtual effects, and big trends in VR and AR, we can basically see the future moving towards movies like and . According to the law of conservation of the universe, spiritual energy must also be conserved. For a simple example, when technology was not developed in the 1980s and 1990s, the friends who asked you to go downstairs to play every day, and the children born after the 2000s and 2010s basically play with iPad in their childhood. The latter has significantly more communication online, while the former has more face-to-face offline, and this sense of loneliness and distance will only get bigger as the tech trend flows. However, many post-00s suffer from depression and other mental diseases at an early age. The premature bombardment of technology and information is more likely to destroy people's spirits before the barriers and defensive lines of values are built. In the high-octane world of fintech, it's even more complicated, with an extra layer of Money that magnifies its power by at least 2.5 times. Therefore, as early as possible to carry out the psychological construction of the spiritual level, we can avoid inadaptation suffering as early as possible when the tide of The Times comes. A small number of people are eliminated by competition, and most of them are eliminated by The Times ( we can start with some classic books). 3. Most projects said that they have Tech DNA but actually not Tech, Blockchain will be everywhere Real Tech projects tend to survive bear markets. Because they only need computers and shelter, they can continue to develop the project and do not need to spend a lot of money to hire too many expensive technical personnel. (Like Airbnb's early stage) This is important for the early and mid-term development of a project, and it is also crucial for engineers to resist the temptation of blockchain technology to make it easier when they are suddenly faced with the temptation of huge financing. Therefore, sometimes, projects under the guise of technology and slogan are often more deceiving than pyramid projects, because people will be CPUed. But one thing is certain, blockchain technology will be everywhere in the next five years, and the closest and fastest popularization should be: Historical relics NFT, ticketing systems (such as Ant Financial ticketing application, World Cup ticketing application), authentication systems (property ownership certificate, education certificate, birth certificate, etc.) and object traceability (various blockchain applications in milk, wine, luxury goods), the popularity of asset tokenization (apartment ownership, company tokenization, etc.), And countries' recognition of BTC as a currency outside the asset. Let ourselves catch up with the trend of The Times as soon as possible, in order to catch the last train more effectively. Because it's already branching out. 4. People understand hot water hurts hands. But in the face of hot trends and hot spots, we often flock to and forget the risk. What is very easy to understand in our daily lives is often reversed when applied to the same things in other areas. For example, the simplest way to avoid hot water is because hot water has our physical nervous system acting as a force to protect the stress response, and can also avoid excessive injury. But the market contains the risk of hot topics, our spirit is often paralyzed in the temptation of interests, thus ultimately causing regrets and loss of money. Therefore, in the future virtual and technological era, there will be more sugar-coating bombardment, so our judgment to keep relatively objective has become a very important ability. So that you can ride on the hot trend, but also have a protection system to prevent yourself from injury. This is something that someone who is very good at following hot spots has been teaching us. Each time, he walked in with hot topics, fool the investors, and walked away. The most obvious of these is NFT, GameFi's early hype. 5. Value will not change its core nature as times change. But it is a harder test of self-choice judgment and self-recognition ability. With the development of The Times and technology, they will become more and more intertwined with each other. Once a very simple business model, it may become more relevant after the integration of blockchain, VR, AR, and other technologies. But the core is still the same, just as a normal man, no matter how fancy he is, no matter how coquettish he is, his physical structure is also male (except for surgery). But the test of judgment and cognitive ability is more demanding, and complex at the same time, there are more opportunities. Because there are likely to be more Hamlets for the same enterprise or project, it is particularly important to keep updating our learning pool. At the same time, the influence of individuals like KOL on society will be further enhanced Summary: 2022 is a transitional year before a new era, and in the next 20-30 years, there is a high probability that we will enter a more technological phase in which humans are not separated. In this stage, in my opinion, the most critical point is the second of the five points. Material and technological progress may lead to spiritual regression, but the good news is that our cultural foundation is deep enough. If you can understand Traditional Chinese, it will be a much more spiritual gem. Enough to fill our hearts and make us fully ready for the new world. Blockchain technology, whether public chain, private chain, or alliance chain, or sidechain is a big trend in technology popularization. It won't die even though some people hold negative views on it, but won't create gods because of some pyramid. For an ordinary person like us, the best way is to keep learning to enrich ourselves, and keep calm at all times, and stay away from the complicated and mixed-up areas of special strategies. This article has no financial advice or any guidance content
by OuChiBoy
CADJPY analysis for a Sell!!!!Here’s a sell-side analysis for CAD/JPY on the 2H chart based on your updated screenshot: ⸻ Pair: CAD/JPY Timeframe: 2H Current Price: ~104.656 Market Bias: Short-term bearish shift from previous bullish trend ⸻ Sell Analysis Overview: 1. Bearish Structure Forming Below 105.300–105.600 • Price recently broke below a major support zone (~105.300–105.600), which is now turning into a resistance zone. • This rejection aligns with the concept of structure flipping — previous support now acting as resistance. • The marked “Sell Structure Forming Below” zone highlights this key area for short positions on pullbacks. 2. Multiple Rejections at 105.866 • There are clear lower highs forming, with repeated rejections around 105.866 (circled). • Each attempt to push higher has failed, showing strong bearish pressure and exhaustion from buyers. 3. Breakdown of Key Moving Averages • Price has closed below both the 50 EMA and 100 EMA, which are beginning to curl downward — a common signal of a trend reversal. • Momentum has shifted, and sellers are currently in control. 4. Liquidity Grab + Breakdown • After a false breakout to the upside, price grabbed liquidity around 105.866 and quickly reversed. • This aligns with smart money behavior: sweeping highs before dropping — a classic bearish trap. 5. Short-Term Target Zone • The current bearish move has a clear downside target in the 103.600–103.800 zone, which is marked as an “Area of Liquidity”. • If this zone breaks cleanly, extended targets sit around 101.800–101.400, where fresh demand and buy structure are likely to form. ⸻ Sell Plan & Risk Management: • Entry Idea: Wait for a pullback into the 105.300–105.600 zone to look for bearish confirmation (e.g., bearish engulfing, rejection wick). • Stop Loss: Above 105.866 (invalidates structure) • Take Profit Levels: • TP1: 103.600 (liquidity zone) • TP2: 101.800 (demand zone) • TP3: 101.400 (long-term structure support) ⸻ Final Thoughts: CAD/JPY is now showing early signs of a bearish trend reversal after a clean breakdown of structure and liquidity sweep at highs. As long as the price remains below 105.600, the bias remains bearish. A bounce from 104.500 could temporarily delay the drop, but deeper downside is likely if that level gives way.
Short
by DBFXTrader
FNV has reached a key resistance around 158.2FNV has reached a key resistance around 158.2. There are two factors suggesting a continuation of the upward trend: Prolonged Sideways Movement: The stock has been trading sideways for an extended period, and this time, the 158.2 level is more likely to be broken. Robust Upward Momentum: The recent upward move toward the key resistance appears strong and persistent, indicating buying interest. However, there are some cautionary signs: Significant YTD Increase: The stock has risen considerably this year, driven by a sharp increase in gold prices. Historical Return Limits: FNV has almost reached the 70th percentile of its historical returns, suggesting that the potential upside may be limited to around 20% based on past performance. Resistance-Induced Selling Pressure: Reaching a key resistance level could trigger selling as investors take profits. Overall Conclusion: While FNV shows signs of potential upward continuation due to strong momentum and a prolonged consolidation period, the limited upside based on historical returns and the risk of profit-taking at a key resistance level warrant caution. A breakout above 158.2 could signal further gains, but the room for upside may be relatively modest. Monitoring for confirmation before entering new positions or considering partial profit-taking on existing holdings would be a prudent approach.
NYSE:FNV
by Quantific-Solutions
Convexity-based trade scenario using LOAR stock and the April 17Yo traders - Let’s map out a convexity-based trade scenario using LOAR stock and the April 17, 2025 $75 Call option — currently trading at $1.00, with the stock at $65.97 and only 18 days to expiry. 🔍 Step-by-Step Breakdown: 🧠 1. Basic Structure You’re buying the LOAR Apr17 $75 call at $1.00. This is a deep OTM bet (~13.7% above current price). You’re betting on a short-term move to $75+, meaning volatility spike or news catalyst. ⚙️ 2. Convexity Setup Convexity means: Small risk, asymmetric reward If LOAR stays flat or dips → you lose $1 per contract If LOAR rips to $80+ → this option could return 5x to 10x+ LOAR Price at Expiry Option Intrinsic Value Profit/Loss $66 (flat) $0 -$1.00 $70 $0 -$1.00 $75 (strike) $0 -$1.00 $77 $2.00 +$1.00 $80 $5.00 +$4.00 (5x) $85 $10.00 +$9.00 (9x) 🧾 3. Chart + Sentiment Setup Looking at the TradingView chart: Price Action: LOAR is basing around $66 after a steep downtrend — potential reversal pattern Volume is light, but some buy pressure is visible MACD: Appears to be flattening and potentially crossing bullish RSI: ~40s: Oversold-to-neutral zone. Could support upward bounce. Earnings coming up (E icon): Strong potential for a catalyst move This setup enhances convexity, because earnings can produce gap moves that DOTM options profit from disproportionately. 🔮 4. Convexity Scenario Thesis (Narrative) "LOAR has pulled back hard and is showing signs of base-building. Earnings are in 2–3 weeks. If guidance surprises to the upside — or macro tailwinds hit the sector — a short squeeze or re-rating toward $75–80 could occur. I’m risking $1 per contract for a shot at $5–10. If it doesn’t move, I accept the full loss." This is a classic event-driven convexity play. ⚠️ 5. Risks & Considerations Time decay is brutal: With only 18 days left, theta decay accelerates daily IV Crush post-earnings could hurt even if the stock moves You need a fast, strong move, ideally before or at earnings Position sizing is critical: This is a "lottery ticket" — don’t over-allocate ✅ 6. Ideal for Your Strategy If: You're making many small bets like this across tickers/catalysts You’re not trying to be “right” often, but “big” occasionally You have capital discipline and uncorrelated base assets 🧮 Position Size: Option price = $1.00 per contract You buy 100 contracts of the $75 call Total risk = $100 Each $1.00 move above $75 = $100 profit per $1, since 100 contracts × 100 shares/contract = 10,000 shares exposure 📈 Upside Payoff Table LOAR Price at Expiry Intrinsic Value Total Payoff Net P&L Return on $100 $65–$74.99 $0.00 $0 -$100 -100% $76 $1.00 $1 × 10,000 = $10,000 +$9,900 +9,900% $77 $2.00 $20,000 +$19,900 +19,900% $80 $5.00 $50,000 +$49,900 +49,900% $85 $10.00 $100,000 +$99,900 +99,900% $90 $15.00 $150,000 +$149,900 +149,900% $100 $25.00 $250,000 +$249,900 +249,900% 🧠 Interpretation Max Loss: $100 (fixed, regardless of LOAR's move down or sideways) Breakeven at Expiry: LOAR must hit $76.00 10x return if LOAR trades just $1 above strike Massive asymmetry — you risk $100 for a shot at $10k–250k if LOAR rips on earnings or news. 📌 Real-World Considerations: You might exit early if the option spikes in value before expiry (e.g., stock runs to $72 with 5 days left). Liquidity may limit large size fills. Volatility matters: IV spike pre-earnings or a big gap post-earnings increases your chance of profit. 📊 Convex Payoff Table for LOAR Apr17 $75 Call (100 Contracts, $100 Risk) LOAR Price at Expiry % Move from $65.97 Intrinsic Value Total Payoff Net P&L Return on $100 $65–$74.99 0% to +13.6% $0.00 $0 -$100 -100% $76 +15.2% $1.00 $10,000 +$9,900 +9,900% $77 +17.0% $2.00 $20,000 +$19,900 +19,900% $80 +21.3% $5.00 $50,000 +$49,900 +49,900% $85 +28.9% $10.00 $100,000 +$99,900 +99,900% $90 +36.4% $15.00 $150,000 +$149,900 +149,900% $100 +51.6% $25.00 $250,000 +$249,900 +249,900% 🧠 Takeaway: Even a 15% move turns your $100 into $10,000 — this is why convex trades are so powerful. But the trade-off is probability: the odds of a 15–50%+ move in 18 days are low, which is why risk is capped and position sizing matters.
NYSE:LOAREducation
by TheHouseofTrade
Is This the Calm Before the Storm on AUD/USD?The AUD/USD pair is currently consolidating within a sideways range, indicating indecision in the market. Price is fluctuating between key horizontal support near 0.6150 and resistance around 0.6450. A rising trendline is providing strong dynamic support, keeping the pair from breaking lower, while a descending resistance line continues to limit upside momentum. As long as the pair remains within this range, no clear trend is confirmed. A breakout above resistance could signal a bullish shift, while a breakdown below the trendline may open the door for further downside. If you find our analysis helpful, don’t forget to like and follow us. THANK YOU DYOR, NFA
Long
by unichartz
CHF/USD Weekly Forecast: Falling Wedge Breakout Towards TargetMarket Overview: Bullish Reversal in CHF/USD The Swiss Franc (CHF) / U.S. Dollar (USD) currency pair has recently broken out of a Falling Wedge pattern, signaling a bullish trend reversal. This breakout is significant as it suggests the end of a prolonged downtrend and the beginning of a new upward momentum. Traders who capitalize on this pattern could benefit from potential long opportunities. This analysis will cover the chart pattern, key levels, trading setup, risk management, and market sentiment, providing a comprehensive professional breakdown of the CHF/USD price action. 1. Chart Pattern: Falling Wedge – Bullish Breakout A Falling Wedge is a well-known bullish reversal pattern that forms when price action creates lower highs and lower lows, but the slope of the highs is steeper than the lows. This leads to a narrowing structure that suggests sellers are losing strength, paving the way for a bullish breakout. Pattern Characteristics: ✔ Prior Downtrend: The CHF/USD pair was in a sustained bearish trend before forming the wedge. ✔ Converging Trendlines: Price action squeezed into a wedge formation, showing decreasing volatility. ✔ Breakout Confirmation: The price successfully broke above the wedge resistance, signaling a shift in market sentiment. ✔ Retest Possibility: Price may revisit the breakout zone before continuing its uptrend. A breakout from a falling wedge typically leads to a sharp bullish rally, making this a high-probability trading opportunity. 2. Key Technical Levels: Support & Resistance Support Zones (Buying Interest): 🔵 1.0835 – 1.1000: This zone has acted as strong support where buyers stepped in aggressively. 🔵 1.1071 – 1.1095: A short-term support level that aligns with recent price action, making it a critical stop-loss area. Resistance Zones (Profit Targets): 🔴 1.1483 – 1.1550 (Primary Resistance): Price has struggled at this level previously, making it the first target for a bullish move. 🔴 1.1600 (Major Resistance): If the uptrend continues, this level will act as the next major challenge. 🔴 1.1909 (Extended Target): A long-term resistance level where price has historically reversed. 3. Trading Strategy & Entry Setup Now that we have identified the breakout and key levels, let’s design a strategic trading plan. 📌 Entry Points for Long Trades: ✅ Aggressive Entry: Buy at the current price after the breakout, expecting continuation. ✅ Conservative Entry: Wait for a retest of the wedge breakout zone or support near 1.1071 – 1.1095 before entering long. 📌 Stop-Loss Placement (Risk Management): ❌ Stop below 1.1071: This level is a strong support area, and a break below it may invalidate the bullish setup. ❌ Alternative Stop below 1.1000: A safer option for long-term traders to avoid stop-hunting. 📌 Take-Profit Levels: 🎯 Target 1: 1.1483 – 1.1550 (Primary Resistance Zone) 🎯 Target 2: 1.1600 (Stronger resistance where partial profits can be booked) 🎯 Target 3 (Extended): 1.1909 (For swing traders holding positions longer) 📌 Risk-Reward Ratio: A proper Risk-to-Reward (R:R) ratio of at least 1:2 should be followed for efficient trade management. This means: Risking 50 pips to gain 100 pips (or more) for profitable trading. 4. Market Sentiment & Confirmation Signals ✔ RSI (Relative Strength Index): Above 50? Bullish confirmation. Near 70? Overbought zone, potential pullback. ✔ MACD (Moving Average Convergence Divergence): Bullish Crossover? Strengthens buy signal. Divergence? Confirms price momentum. ✔ Volume Analysis: High volume on breakout? Confirms strong buying interest. Low volume? Beware of false breakout. ✔ Fundamental Factors: Swiss National Bank (SNB) Policy: If SNB maintains dovish policies, CHF could weaken, pushing CHF/USD higher. US Federal Reserve Stance: A strong USD could slow CHF/USD gains. 5. Conclusion & Trading Plan 🔹 Summary of Trade Setup: ✅ Bullish breakout from Falling Wedge – high-probability long trade ✅ Retest of breakout zone may offer better entry ✅ Major support at 1.1000 – 1.1071 ✅ Targeting 1.1550 – 1.1909 range 🚀 Final Trading Plan: 📌 Buy CHF/USD above 1.1100 – 1.1150 📌 Stop-loss below 1.1071 📌 Take Profit 1: 1.1550 📌 Take Profit 2: 1.1600 📌 Take Profit 3 (Swing Trade): 1.1909 📢 Pro Tip: Always confirm breakout volume before entering. Monitor economic events affecting CHF & USD. Use proper risk management (1-2% of account per trade). 📊 Final Verdict: 🔥 CHF/USD is in a bullish setup after breaking out from a Falling Wedge. Traders should look for buy opportunities on pullbacks while targeting resistance levels. 🚀
Long
by GoldMasterTrades