Candlestick Analysis
LONG - GBP/USDBase on the market structure in the lower timeframe in H1. There is a clear indication of potential CHOCH. Price action has respected the support and formed a new structure with potential signs we can go for a Long Position. I will be participating in the market with my positions at
Entry - 1.29220
Stop Loss - 1.28879
Take Profit - 1.30236
I am interested in taking this position due to other confluences as well.
Such as the 4 hour timeframe with a strong indication of a bullish reversal candle
Pullback in Palantir Palantir Technologies had a dramatic rally in recent months, and now traders may see an opportunity in its latest pullback.
The first pattern on today’s chart is the 50-day simple moving average (SMA). While many other stocks, like Apple and Microsoft, have plunged below their 200-day SMAs, PLTR ended last week above its 50-day SMA. That may reflect relative strength versus the broader market.
Second, prices made a lower low and higher high on Friday. That kind of outside candle is a potentially bullish reversal pattern.
Third, the software company just had its highest weekly close since February 21.
Next, some short-term indicators may be positive: MACD is rising and the 8-day exponential moving average (EMA) is nearing a potential cross above the 21-day EMA.
Finally, PLTR is one of the top underliers in the options market. (Its 800,000 contracts per day in the last month ranks it fourth in the S&P 500, according to TradeStation data.) That could help traders take positions with calls and puts.
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GOLD (XAUUSD): Confirmed Bullish ContinuationGold is currently experiencing a strong upward trend in trading. Following a recent all-time high, the market started a correctional movement.
The price respected the strong support level at the 3000 psychological level, leading to a bullish wave that broke above a neckline of a cup and handle pattern acting as a local horizontal resistance.
This is expected to lead to further bullish movement, with the next target set at 3046.
Power of trendline + support/resistanceI would like to show the power of combining trendlines and support & resistance on your chart work. As we all know in order for a trendline to be effective it must be used with key major points and the trend must be clear whether it's an uptrend or downtrend, cause if the trend is neither then that would lead to false signals that would cause people to get stopped out.
If used with S&R it can give us way better entries and more accurate with high probability of winning, We all know if for example an Uptrend trendline is broken then that would mean we have sellers active and that means the trend will go down, however that is not entirely true if it was then we would all be millionaires lol. So in order to fix this and know for sure the trend is changing for real we need to combine both our Trendlines and S&R, as you can see from the chart our uptrend trendline was broken and those who entered immediately after the breakout would have been trapped by professional traders when the price pulled back to their entry points, but to avoid this and get a much better entry that has high accuracy like mine you would also need to use your "visible" support and resistance.
As the uptrend line was broken that gave us a sign sellers are active and might push the price down but that is not enough confirmation to sell, unless you want to make a loss obviously💀,If you noticed I also marked my Visible Support(CHANGE OF TREND), since this is the lowest point in the uptrend then we know if price breaks below it then it's a clear confirmation that sellers will overpower buyers and push the price down, our first confirmation was Price breaking the uptrend(not enough to sell), our second powerful confirmation was price breaking below the CHANGE OF TREND, now this shows that bears overpowered bulls causing a CHANGE OF TREND and a much higher winning probability and a much better R:R.
I know most people would see this as a late entry, but it's not trust me there's no better entry you can get better than this that has higher chance of winning and a better R:R also less risky. Most people chase the trend instead of waiting for the trend to come to them, that's also why they make many losses because they enter with few confirmations that have low probability
BUY XAUUSD Hey everyone happy new week guys…I just executed a Gold buy now if you check my last post that’s what I’ve been waiting for since last week and price did just that today we got a retest of our support zone with a rejection of 50EMA and a bullish engulfing as a confirmation to execute trade looks clean so let’s see how it goes…I will update you guys and make sure you use proper risk management….
GBPAUDGood day traders, we back with GBPAUD here we have a beautiful setup we looking to take advantage of.
On the 4 hour timeframe we can see a clear volume imbalance and price is currently trading around it, as long price continues closing below the midpoint of that VI than we have a strong bias lower.
On the 15 timeframes we can clearly see how price re balance the volume imbalance and from the same TF we have a shift in structure too
CHFJPY: Pullback Trade From Key LevelAnother pair that appears attractive for buying at a key support level is 📈CHFJPY.
Following a test of an important intraday structure, the price has formed a cup & handle pattern.
A bullish breakout above its neckline serves as a solid bullish confirmation.
It is likely that the pair will continue to climb and reach the 170.24 level in the near future.
AUD/ USD - Playing the Bullish Wave with Precision The 4H is holding bullish structure, but liquidity and the order block (OB) haven’t been tapped yet. That doesn’t stop the play—I’m riding the bullish continuation on lower timeframes until price tells me otherwise.
Dropping to the 30M, I’ve spotted a clean OB mitigation. Now, it’s all about refinement—switching to the 5M, waiting for a clear CHoCH, and letting price retrace back into the OB after liquidity is taken. No chasing, just precise execution. Let’s see how it plays out.
Bless Trading!
NASDAQ - Precision in Motion The 4H is locked into bearish intent, printing clear bearish structure and breaking a major low, setting the stage for further downside. But before the continuation, I see an opportunity—price needs to sweep liquidity. Instead of forcing shorts prematurely, I’m riding the bullish retracement into 4H supply, where the real decision-making happens.
For clarity, I’m dialing into the 2H—perfectly balanced for precision and structure, giving you all a crystal-clear view of how this setup unfolds. The game is patience, execution is key. Let’s see how price plays its hand.
Bless Trading!
DOLLAR INDEX (#DXY): Strong Bullish Reversal!?The Dollar Index appears to be showing bullish signs following a period of consolidation lasting two weeks.
A breakout above a resistance level in a sideways trading range is a strong signal of confirmation.
It is likely that we will see a move upwards, potentially reaching the 104.10 level.
EURUSD Short with Risk Manager ToolI received some messages about the Risk Manager Indicator.
This indicator was created by me and it calculates the Lot Size you need to enter in order to follow your risk management rules.
You just need to fill the % of your balance you want to risk on each trade, the entry price and the number of pips of your stop loss. Then the indicator automatically calculates the position size.
It works on XAU, FOREX, OIL and US100/MNQ1! markets.
It's a private indicator and it's available on my website.
EURUSD Bearish Scenario for next weekThis is the bearish scenario I'm looking for EURUSD on the following days.
We have a imbalance above and the price already broke a strong demand zone, which means that a correction is more likely to happen.
However before a bigger movement to the downside, I believe the price will fill the imbalance first, or at least, part of it.
Furthermore we have a lot of imbalances created from 3rd March until 6th March.
For these technical reasons I will look for Short entries on this week.
USDCHF: Bullish Outlook Explained 🇺🇸🇨🇭
USDCHF looks bullish after a test of the underlined blue support.
The price formed a double bottom on that and broke its neckline
on Friday.
We see a positive bullish reaction to that after its retest.
I think that the market will continue rising and reach
at least 0.885 resistance.
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GBPUSD - Nearly 1,000 Pips In 2025!GBPUSD was sideways around $1.29452 after a surprise news from the UK caught sterling bulls unprepared. The UK economy surprisingly shrunk by 0.1% in January, month on month, according to the latest GDP figures released by the Office for National Statistics.
With price reaching up into the premium SIBI, there is a chance for a minor pullback. Risky, yet possible with this weeks high impact events
Dollar Index - Will Rate Hikes Cause Risk Off Conditions?It’s been a risk off environment over the last few weeks and because of this, we have seen the appreciation of GBPUSD and EURUSD which was called weeks in advance.
With a massive imbalance above and daily sellside liquidity taken, the question is will Dollar Index fill the daily SIBI before the rate announcements happen?
If this happens, it will be a classic ‘buy the rumour, sell the news’ scenario.
Next week will be very volition due to the news events being released and this could be the catalyst for price to expand into the local SIBI outlined on the daily timeframe.
The Bear Awakens: A Perfectly Executed Short on Gold📍Over the past few days, I’ve consistently emphasized that the bear is on the verge of fully awakening, warmly inviting everyone to watch it dance. Today, gold has indeed pulled back to the 3000 level as anticipated, making our short position from the 3035-3045 range a resounding success!
📍Since gold has tested the 3000 level for the first time, a second test is highly likely. Therefore, the primary trading strategy remains focused on selling gold on rebounds. The head-and-shoulders formation continues to exert significant pressure, making a sustained breakout to the upside unlikely in the near term.
📍With this in mind, the resistance zone can be adjusted lower to 3025-3035. If gold fails to break through this region during its rebound, further downside movement is expected. In that case, gold will likely retest the 3000 level and could potentially breach it, extending losses towards the 2995-2985 range.
🔎Trade Idea:
Xauusd: Sell at 3025-3035
TP:3005-2995
SL:Adjust according to risk tolerance.
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