STRONG REVERSAL COMMING FROM NEW ATH ALERT!📈 Description:
This is a 2-hour timeframe analysis of Gold, the market is currently consolidating between a strong support zone 📉 and a weekly high resistance level 📈. Two possible breakout scenarios can be expected:
✅ Bullish Scenario: If the price holds the strong zone at 3028 and gains momentum, it may break out above the weekly high 🚀.
❌ Bearish Scenario: If the price breaks below this strong support zone i.e 3028, it could trigger a downward move toward a lower support level 📉.
👀 Traders should watch for breakout confirmations before entering trades! 📊📉📈
follow risk management
Chartanalysis
GBP/USD 4H Analysis – Bearish Breakdown SetupThis chart presents a bearish trading setup for GBP/USD on a 4-hour timeframe from OANDA.
Key Observations:
Ascending Channel Breakdown: GBP/USD was previously trading inside an ascending channel, but it has now broken below support, signaling a potential downtrend.
Retest Level: The price is currently retesting the broken support at 1.29645, which may act as a new resistance.
Resistance Zone: The key resistance level is at 1.30261, marking the last swing high before the breakdown.
Bearish Target: The expected downside target is at 1.26827, aligning with a previous demand zone and support level.
Trading Plan:
Entry: Consider short positions after rejection from the 1.29645 retest.
Stop Loss: Place above 1.30261 to avoid false breakouts.
Take Profit: First target at 1.26827, with the possibility of further downside.
Market Outlook:
If the price fails to reclaim the broken support and starts dropping, it could confirm a bearish trend continuation, making this a strong short setup.
Bitcoin Breakout: Potential Rally Towards $110K!"Key Observations:
Descending Channel: The price has been moving downward within a channel, showing lower highs and lower lows.
Support Level: Marked near $79,912.83, where the price recently bounced.
Breakout Scenario: BTC appears to be breaking out of the channel, suggesting a potential bullish trend.
Target: The projected target is $110,146.67, indicating a significant upward move.
Stop Loss: Positioned below the support level to manage risk in case of a price reversal.
Trading Idea:
A long trade setup is suggested, with entry upon confirmation of the breakout.
Stop-loss below the recent low ($79,912.83) to minimize risk.
Profit target near $110,146.67, aligning with previous resistance levels.
This setup follows a classic breakout and retest strategy, expecting bullish momentum if Bitcoin sustains above the resistance zone.
#VANAUSDT is forming a confident bounce from key levels📉 LONG BYBIT:VANAUSDT.P from $8.180
🛡 Stop loss $8.000
1H timeframe
❗️Before entering the trade, closely monitor the levels. If the price consolidates above $8.180 with volume, this confirms the entry signal.
✅ Overview BYBIT:VANAUSDT.P :
➡️ On the chart, we can see that after a downward movement, the price formed a local bottom around $8.000, followed by an upward impulse.
➡️ A structure resembling a reversal pattern has appeared: the price broke through a slanted resistance (blue line) and consolidated above $8.180, indicating weakening sellers.
➡️ The price is now moving toward a resistance zone marked as POC (Point of Control) at $8.353, which could be the first target.
➡️ The entry is set at $8.180, aligning with the breakout level, supported by increasing volume and a short-term uptrend.
The volume profile on the left shows a low-liquidity zone above the current price (between $8.345 and $8.590), which may allow the price to quickly reach the TP levels.
🎯 TP Targets:
💎 TP 1: $8.345
💎 TP 2: $8.590
💎 TP 3: $8.775
⚡️ Plan:
➡️ Monitor the price reaction at TP1 ($8.345) — a pullback is possible. It’s recommended to close part of the position.
➡️ Wait for confirmation of the breakout above $8.180 (already happened, price is above).
➡️ Enter LONG after a retest (with volume) — in this case, the retest has already occurred, and the price is moving up.
➡️ Place the stop below the last low — at $8.000.
BYBIT:VANAUSDT.P is forming a confident bounce from key levels, and if it holds above the entry zone, we expect an upward movement!
Gold (XAU/USD) 1H Chart AnalysisGold (XAU/USD) 1H Chart Analysis
**Bullish Scenario (📈 Uptrend Potential)**
- **Key Resistance:** $3,030
- **Support Holding:** Price found support around $3,000 and is attempting to recover.
- **EMA Support:** If price reclaims above the **21 EMA ($3,025)** and **50 EMA ($3,030)**, bullish momentum could build.
- **Breakout Confirmation:** A clear break above $3,030 with strong volume could push gold toward the **$3,050-$3,060** zone.
- **Buy Trigger:** A higher low formation around **$3,018-$3,020** with bullish confirmation signals.
**Bearish Scenario (📉 Downtrend Risk)**
- **Key Support:** $3,000
- **Resistance Rejection:** Price is testing the **$3,025-$3,030 resistance zone**, and failure to break could lead to another rejection.
- **EMA Resistance:** If gold stays below **$3,025**, sellers might regain control.
- **Breakdown Confirmation:** A drop below **$3,000-$2,995** could trigger further losses toward the **$2,980-$2,960** support zone.
- **Sell Trigger:** A clear break and close below $3,000 with increased volume.
📌 **Conclusion:**
- **Above $3,030 = Bullish potential toward $3,060**
- **Below $3,000 = Bearish breakdown toward $2,980**
- **Current Trend:** Range-bound with short-term recovery attempts.
American Express: Room to Fall FurtherWhile it’s possible that we’ve already seen the low of the beige wave a, we’re not fully convinced. For now, we prepare for another potential decline toward the support at $222.03. That said, the stock should reverse well above this level and begin to rise again as part of the beige wave b, which should provide strong upward pressure. Once this corrective rebound is complete – well below the resistance at $345.03 – the final leg of the wave (IV) correction should bring the stock down into our blue Target Zone, which spans from $205.35 to $167.99. This price range is well-suited for long entries. However, reaching this Target Zone is not guaranteed. We still have to account for the possibility that the upcoming (or perhaps already settled) low may mark the end of the blue wave alt.(IV). But this 31% likely alternative scenario would only be confirmed by a breakout above the resistance at $345.03.
Silver Steadies Near $33.20 After PullbackSilver hovered near $33.20 on Friday morning after two consecutive sessions of decline. The recent upward momentum, initially fueled by China’s stimulus measures, has temporarily stalled. Nevertheless, the potential for further gains remains intact amid persistent uncertainty surrounding former President Trump’s tariff policies and escalating geopolitical risks. In addition, the Federal Reserve’s soft approach to interest rates, even if temporary, continues to support interest in non-yielding assets like silver.
If silver breaks above $33.75, the next resistance levels are $34.05 and $34.85. On the downside, support is at $33.10, with further levels at $32.50 and $32.15 if selling pressure increases.
Gold Nears $3,030 on Fed Cut HopesGold hovered near $3,030 on Friday, close to record highs and heading for a third straight weekly gain. The rally is driven by dovish Fed signals and strong safe-haven demand. The Fed reaffirmed plans for two rate cuts in 2025 amid rising economic uncertainty, while Powell downplayed Trump’s proposed tariffs as temporarily inflationary but saw no urgency to cut rates.
Geopolitical tensions also supported gold, with Israel escalating operations in Gaza, Hamas striking Tel Aviv and the U.S. continuing airstrikes in Yemen. Markets are also watching the April 2 deadline for Trump’s reciprocal tariffs, fueling trade concerns. Gold is up over 15% year-to-date.
Key resistance stands at $3082, with further levels at $3100 and $3,150. Support is at $3000, followed by $2,980 and $2,916.
GBP Retreats as BoE Maintains PolicyThe pound dipped below $1.30, retreating from a four-month high after the BoE held rates at 4.5% and signaled a cautious approach to easing policy, despite recent inflation progress.
Global trade tensions added pressure, with new U.S. tariffs prompting retaliatory moves and raising inflation risks.
UK data showed weak growth, steady 4.4% unemployment, and wage growth easing to 5.8%, in line with forecasts. In the U.S., the Fed kept rates steady but reaffirmed plans for two cuts this year.
If GBP/USD breaks above 1.3050, the next resistance levels are 1.3100 and 1.3150. On the downside, support stands at 1.2860, with further levels at 1.2800 and 1.2715 if selling pressure increases.
Lagarde Flags Slower Growth from U.S. TariffsThe euro fell below $1.085, retreating from its March 18 high of $1.0954, after ECB President Christine Lagarde warned of slower growth risks. Speaking to European lawmakers, she said a proposed 25% U.S. tariff on EU goods could cut eurozone growth by 0.3 percentage points in the first year, or 0.5 points if the EU retaliates. Lagarde added that the main impact would be front-loaded, with limited inflation pressures, suggesting the ECB is unlikely to raise rates in response.
Key resistance is at 1.0860, followed by 1.0950 and 1.1000. Support stands at 1.0800, with further levels at 1.0730 and 1.0670.
Yen Slips to 149 as Inflation EasesThe yen fell to around 149 per dollar on Friday, ending a two-day rally, after Japan’s core inflation eased to 3% in February from 3.2% in January, still above expectations of 2.9%. This marked the second month of stronger inflation, reinforcing the case for future rate hikes.
Earlier, the BoJ held rates at 0.5% and maintained a cautious stance, citing global uncertainties, particularly rising U.S. tariffs. The bank also reiterated its focus on monitoring currency moves. A stronger U.S. dollar further pressured the yen amid global growth and trade concerns.
Key resistance is at 150.30, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
Gold (XAUUSD) H1 Chart Analysis with D1 Doji Candlestick InsightGold (XAU/USD) H1 Chart Analysis with D1 Doji Candlestick Insight
1. **Resistance Zone ($3,050 - $3,060)**
- Gold is currently testing a **resistance level** around $3,050.
- A clear **break and hold above this level** could push prices towards $3,070 or higher.
2. **Support Levels to Watch:**
- **Immediate support:** $3,040 (near 21 EMA)
- **Stronger support zone:** $3,030 (highlighted in red on the chart)
- **Major support level:** $3,020 (Key demand area)
3. **Doji Candlestick on D1 Indicates Possible Pullback**
- Yesterday’s **Doji candle on the daily timeframe (D1)** signals **market indecision** and a possible **retracement** before a continuation.
- If today's session follows with a bearish close, Gold may **reject the resistance zone** and fall towards the **$3,030 - $3,020 support area**.
4. **Bullish & Bearish Scenarios:**
- **Bullish:** If price breaks **above $3,050** and holds, we could see a rally towards **$3,070 - $3,080**.
- **Bearish:** Failure to hold above **$3,050** and a break below **$3,040-$3,030** could confirm the Doji signal, leading to a deeper correction.
EUR/AUD Rising Wedge Short Setup🔥 EUR/AUD Rising Wedge Short Setup 🔥
📍 Entry: 1.72200 (Sell)
🎯 Target (TP): 1.71400
🛑 Stop Loss (SL): 1.72800
📊 EMA: 50-period (for trend confirmation)
⚖ Risk Management Applied
📉 Analysis & Considerations:
✅ Rising Wedge = Bearish pattern 📉 → Expecting a downside move.
✅ EMA 50 Check → If price is below EMA, confirms short bias. If above, reconsider trade.
✅ Risk-Reward Ratio (R:R)
Risk: 🚨 60 pips (SL: 1.72800 – 1.72200)
Reward: 🎯 80 pips (TP: 1.72200 – 1.71400)
R:R = 1:1.33 → Decent, but could be better! 📊
🔥 Trade Execution Plan:
🔻 Sell Below 1.72200 → Wait for confirmation candles 📉
🔻 SL Above 1.72800 → Protect against fakeouts 🚫
🔻 TP at 1.71400 → Wedge breakdown target 🎯
🛠 Extra Risk Management Tips:
📏 Lot Size: Adjust based on 1-2% risk per trade ✅
📉 Look for Bearish Confirmation: Rejection candles, RSI/MACD divergence 🚦
Gold/EUR (XAU/EUR) – Bearish Reversal Zone IdentifiedThis Gold to Euro (XAU/EUR) 4-hour chart shows a breakout from a descending channel, followed by a strong bullish rally. The price has now reached a key resistance zone, where sellers might step in to push prices lower.
Key Observations:
Downtrend Channel Breakout: The price was previously moving in a downward sloping channel but has now broken out, signaling bullish momentum.
Resistance Zone: The price is currently testing a significant resistance level, indicated by the marked "Sell" area.
Potential Reversal: If selling pressure increases at this resistance, we could see a price decline toward the identified target support zones.
Key Support Levels:
First Target Zone: Around 2,750 EUR
Second Target Zone: Near 2,675 EUR
Trading Plan:
Sell Setup: Look for bearish confirmation (such as rejection wicks or a lower high formation) before entering a short position.
Stop Loss: Above the resistance zone to avoid false breakouts.
Take Profit: Based on the highlighted support areas.
If bulls continue pushing beyond resistance, it could invalidate the sell setup, leading to further upside movement. Traders should monitor price action closely for confirmation.
EUR/GBP Analysis – Bearish Momentum Gaining StrengthThe EUR/GBP pair has shown a significant shift in market structure, breaking below a critical support level and signaling further downside potential. After facing strong resistance near the 0.84400 region, the price struggled to maintain bullish momentum and started forming lower highs, indicating selling pressure.
Technical Breakdown:
Resistance Zone: The upper boundary near 0.84400 acted as a supply area where sellers gained control. Multiple rejection candles at this level confirmed that buyers were losing strength.
Support Breakdown: The price recently broke below a key support zone, which had previously acted as a demand area. This breakdown suggests a shift in market sentiment from bullish to bearish.
Bearish Continuation Pattern: The chart displays a clear lower high and lower low formation, reinforcing the bearish trend. The price is now retesting the breakdown zone, which could serve as a new resistance level before further declines.
Target Projection: The next major support lies at 0.82508, which aligns with a previous consolidation zone. If the bearish momentum persists, we may see a test of this level in the coming sessions.
Trading Considerations:
📌 Bearish Bias: Traders may look for sell opportunities on pullbacks toward resistance levels.
📌 Confirmation: A retest of the breakdown level with rejection signals could provide a strong entry point.
📌 Risk Management: Stop-loss placements above 0.83800 could help manage risk in case of an unexpected bullish reversal.
💡 Final Thoughts:
With the prevailing bearish momentum, EUR/GBP is likely to continue downward unless buyers regain control at key levels. Traders should watch for price action signals near support and resistance zones to confirm trade setups.
AUD/USD trade plan **Chart Pattern & Analysis**
* *Pattern Identified:**
- The chart shows an **Ascending Triangle** pattern on the **AUD/USD 15-minute timeframe**.
- This is typically a **bullish continuation pattern**, indicating that price may break out to the upside.
**Key Levels:**
- **Resistance (Upper Trendline):** Around **0.6380**
- **Support (Lower Trendline):** Around **0.6365**
- **Exponential Moving Averages (EMA):**
- 7 EMA: **0.63768** (Short-term trend)
- 21 EMA: **0.63785** (Medium-term trend)
- 50 EMA: **0.63774** (Long-term trend)
**Trading Strategy:**
- **Bullish Case (Buy Entry):**
- If price **breaks above the upper trendline** (~0.6380) with strong volume, it could continue upward.
- **Target:** Next resistance level (~0.6440)
- **Stop-loss:** Below **0.6365**
- **Bearish Case (Sell Entry):**
- If price **breaks below the lower trendline**, the trend may reverse.
- **Target:** ~0.6320 (Previous support)
- **Stop-loss:** Above **0.6380**
**Conclusion:**
- Watch for a breakout confirmation before entering a trade.
- Volume and EMA crossovers can provide additional signals.
EUR/USD with a bullish breakout falling wedge pattern You're looking at a **falling wedge** pattern on **EUR/USD** with a **bullish breakout setup**. Here’s a structured trading plan based on your input:
1. **Buy Trade Setup**
- **Pair**: EUR/USD
- **Pattern**: Falling Wedge (Bullish Reversal)
- **Entry**: **1.09000** (Breakout confirmation above resistance)
- **Target (TP)**: **1.09700** (700 pips move)
- **Stop Loss (SL)**: **1.08300** (Risk: 70 pips)
- **Risk-Reward Ratio (RRR)**: **1:1**
2. EUR/USD Sell Setup – Falling Wedge False Breakout
If the falling wedge fails and breaks downward instead of upward, here’s an alternative sell setup:
Pattern: Falling Wedge (Bearish Breakdown)
Entry: 1.09000 (Break below support)
Target (TP): 1.08300 (700 pips move)
Stop Loss (SL): 1.09700 (Risk: 70 pips)
### **Confirmation & Strategy**
✅ **50 EMA (Exponential Moving Average)**: Ensure price is reclaiming above the EMA after breakout.
✅ **Volume Increase**: Look for rising volume on breakout confirmation.
✅ **Retest**: A retest of the breakout level (1.09000) turning into support strengthens the trade.
✅ **Momentum Indicators**: RSI above 50 and MACD bullish crossover can support the move.
### **Risk Management (MM)**
🔹 Risk only **1-2%** of your capital per trade.
🔹 Adjust position size to maintain a controlled drawdown.
🔹 Avoid overleveraging to withstand potential pullbacks.
#FORMUSDT: Quick Breakdown of a Long Setup!📉 Long BYBIT:FORMUSDT.P from $1.9037
🛡 Stop Loss: $1.8313
🕒 1H Timeframe
⚡️Overview:
➡️ Current Price: $1.8831 — this is where BYBIT:FORMUSDT.P is trading right now.
➡️ The price recently dropped from around $2.0000 to $1.4000 — a sharp decline! But then it started recovering and is now in a consolidation zone.
➡️ Volume: At the bottom of the chart, you can see volume bars. There was a particularly large volume at the $1.4000 level, where the price reversed. This suggests a lot of activity — possibly big players starting to buy.
➡️ Key Levels: The right side of the chart shows important price levels:
➡️ $1.8313 — stop loss to protect us from losses.
➡️ $1.8932 and $1.88313 — the nearest resistance levels that the price needs to break to move higher.
➡️ $1.7464 — a support level below, in case the price goes down.
🎯 TP Targets:
💎 TP 1: $1.9690
💎 TP 2: $2.0400
💎 TP 3: $2.0890
⚡️ Plan:
➡️ Entry Point: $1.9037 — this is the level to enter the buy. The price is currently slightly below ($1.8831), so we need to wait for it to rise to this mark.
➡️ Stop Loss: $1.8313 — if the price falls below this, the trade will close with a small loss to minimize risks.
Risk/ Reward: If we calculate, the distance from the entry to the stop loss is $0.0724, and to TP1 — $0.0653 (a ratio of nearly 1:1). To TP2 — $0.1363 (1:1.88), and to TP3 — $0.1853 (1:2.56). This is a good profit potential if the price moves up!
📢 The BYBIT:FORMUSDT.P price just bounced off the strong $1.4000 level, where there was high volume. This could be a signal that big players started buying, and the market is ready to rise.
📢 The $1.9037 level (entry point) aligns with the POC (Point of Control) — the zone with the highest trading volume, which often attracts the price.
📢 If the price breaks the resistance at $1.8932, it could easily reach $1.9037 and then move toward our targets.
🎯 How Does This Signal Relate to the Market?
The recent news about the resolution of the #Ripple vs. #SEC case, which I wrote about earlier, creates a positive backdrop for the entire crypto market.
➡️ When major projects like #Ripple gain clarity, it adds confidence to investors.
➡️ Altcoins like BYBIT:FORMUSDT.P can catch this wave of optimism.
➡️ If the market continues to rise, BYBIT:FORMUSDT.P has a chance to break resistance and move toward our targets!
➡️ Important: The crypto market is volatile, so don’t forget about risk management. Don’t risk more than 1-2% of your deposit on a single trade.
Johnson&Johnson: Rejected AgainJohnson&Johnson has now been rejected at the $168.75 resistance level for the second time, pulling back more noticeably in response. However, in our primary scenario, we still expect an imminent breakout above this level, which should allow the turquoise wave X to establish its high well above it. Afterward, the turquoise wave Y should drive the stock sharply lower again, as we anticipate the low of the larger green wave in the corresponding long Target Zone between $138.78 and $125.75. That said, reaching this Zone is not a certainty. There remains a 35% chance that the low of the green wave alt. is already settled. Under this alternative scenario, the stock would break through $168.75 without resistance and continue its impulsive move higher.