Bullish bounce?GBP/CAD is reacting off the support level which is an overlap that is slightly above the 61.8% Fibonacci retracement and could potentially rise from this level to our take profit.
Entry: 1.8139
Why we like it:
There is an overlap support level that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 1.8000
Why we like it:
There is a pullback support level that lines up with the 71% Fibonacci retracement.
Take profit: 1.8385
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
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Chart Patterns
Cosmos ATOM price analysisThere are signs that they are trying to keep the NASDAQ:ATOM price in the global buying zone of $3.80-5.50
🟡 If this is true, then the risky buying zone is $3.80-4.30 and the OKX:ATOMUSDT price should not be allowed to fall below that.
🟢 Well, a safe medium-term purchase of #Cosmos is possible only after the price is confidently fixed above $5.50 with a growth potential of at least $7.60-8.20. And if you're lucky, up to $10.
_____________________
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GOLD: Target Is Up! Long!
My dear friends,
Today we will analyse GOLD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 2,984.73 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Gold (XAUUSD) Short trade setupThis chart is a **Gold (XAUUSD) short trade setup** on a lower timeframe (likely 1-hour or 30-minute). Here's a breakdown of the analysis:
---
### 🔍 **Chart Components:**
- **Instrument**: Gold Spot vs USD (XAUUSD)
- **Entry Point**: Around **3007.10**
- **Stop Loss (SL)**: **3018**
- **Take Profit (Target)**: **3057**
---
### 📉 **Trade Idea:**
- The chart shows a **bearish breakout** from a rising wedge pattern (or possibly a bearish flag), a common reversal pattern.
- After the breakout, price **retested the trendline**, suggesting confirmation of the breakdown.
- The arrowed projection indicates a **move downward** targeting **3057**, aligning with the lower support zone.
---
### 🧠 **Risk/Reward Overview:**
- **Short trade bias** (expecting price to fall)
- **Risk**: ~11 points (3018 - 3007)
- **Reward**: ~50 points (3007 - 2957)
- **Risk-to-Reward Ratio (RRR)**: Approx. **1:4.5** – a favorable ratio
---
### 🛠️ **Technical Signals:**
- **Price Action**: Break and retest
- **Chart Pattern**: Rising wedge or flag
- **Bearish confirmation** from rejection wick at resistance and a clean breakout candle
EURGBP SELL TRADE PLAN🔥 EUR/GBP TRADE PLAN
📅 Date: 08 April 2025
🔒 Format: Institutional 0.01% Precision
🔖 Plan Type:
Main Swing Trade
📈 Bias & Trade Type:
Bearish Swing Continuation
🔰 Confidence Level: ⭐⭐⭐⭐ (80%)
Reasons / Confluences:
– D1 lower high structure holding
– H4 bearish OB + FVG overlap
– Volume absorption at premium
– EUR weak vs GBP in macro sentiment
📌 Status:
Price nearing Primary Sell Zone – Waiting for Confirmation
No active entry yet. No H1 bearish trigger candle seen.
📍 Entry Zones:
🟧 Secondary Sell Zone: 0.8575 – 0.8590
(Deeper premium liquidity sweep + FVG + HTF inducement)
❗ Stop Loss:
Above 0.8610
(Cleans structural high and invalidates OB stack)
🎯 Take Profits:
TP1: 0.8470 – intraday reaction level
TP2: 0.8415 – HTF demand base
TP3: 0.8355 – D1 swing low
📏 Risk:Reward:
Minimum R:R = 1:3.1 from Primary Entry
Higher R:R if entry refined via confirmation
🧠 Management Strategy:
– Enter only on H1 bearish rejection
– Move SL to BE after TP1 is hit
– Secure 50–70% at TP2
– Let TP3 run with trailing stop
– Optional re-entry if zone retests with volume drop-off
⚠️ Confirmation Criteria:
– H1 bearish engulfing or pin bar inside the zone
– M15 RSI divergence or trendline break
– Volume drop-off / absorption candle at EMA + OB
– Optional M30 BoS flip for added entry precision
⏳ Validity:
Valid for 24–48 hours
Plan invalid if price closes above 0.8610 on H4
🌐 Fundamentals:
– GBP supported by stable macro outlook
– No major EU/UK red news in 24h window
📋 Final Summary:
Looking to short EURGBP on clean reaction from 0.8575–0.8595 with confirmation. Structure, macro, and volume aligned. High-probability swing entry with clean downside room. Only execute with LTF trigger.
Falling towards pullback support?Dow Jones (US30) is falling towards the pivot and could bounce to the 50% Fibonacci resistance.
Pivot: 37,575.10
1st Support: 36,424.90
1st Resistance: 39,614.90
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Light Crude Oil (CL) is Targeting Further Declines in the Near TLight Crude Oil (CL) has exhibited a downward trajectory since reaching its high on January 16, 2025, with indications suggesting further declines ahead. The descent follows an incomplete bearish pattern, structured as a double three Elliott Wave formation. The initial decline, termed wave W, concluded at 65.22, followed by a recovery to 72.23, designated as wave X. The price has since resumed its downward movement in wave Y, characterized by a zigzag pattern.
From the wave X peak of 72.23, the price fell to 69.27, marking the end of wave (i), then rose to 70.15 in wave (ii). The decline continued in wave (iii) to 60.45, followed by a recovery in wave (iv) to 63.20. The final segment, wave (v), concluded at 58.95, completing wave ((a)). A subsequent rise in wave ((b)) reached 63.90, after which the price resumed its descent in wave ((c)). For this downward trend to solidify, the price must fall below the 58.95 level established by wave ((a)). Otherwise, a potential stabilization or reversal remains possible.
In the near term, as long as the 72.23 high remains intact, any upward movements are expected to lose momentum—potentially after 3, 7, or 11 incremental rises—leading to further declines.
REVERSAL ENTRY MODEL TARGETING SSLGBP/USD – 30M
Reversal Entry Model
During the London session, price swept the Asian highs, triggering buy-side liquidity. A clear change of character to the downside followed, signaling a potential reversal.
Now I'm in a sell position after price tapped into my Supply Zone and showed a clean rejection.
I’m expecting price to continue lower and sweep the sell side liquidity resting below!
S&P - What will happen next for the S&P?The S&P 500 has been dropping quickly after Trump's tariff policies were announced. It fell from 5750 to 4900, and is now at 5053, all in just a few days. This is a sharp decline, and sellers are clearly in control right now.
However, after such a big drop, it's common to see a short-term bounce before the market continues to fall. There is strong resistance between 5400 and 5500, which lines up with the golden pocket (a key level in technical analysis). This could make it harder for the S&P to rise past these levels.
Looking further down, there is another strong support area between 4500 and 4600. This level also matches the golden pocket on the daily chart, making it an important point for potential support. If the market keeps falling, we could see this area tested before any significant recovery.
Right now, it seems likely that the market will keep going lower. My main expectation is that we’ll get a small rally first, which could trick some traders into thinking the market is recovering, before continuing down. However, with all the uncertainty around the news and policies right now, it's also possible the market could keep dropping sharply without much of a rally.
Keep a close eye on the markets and stick to good risk management practices. If you don’t, it could really hurt your portfolio. Stay alert and adjust your strategy as things change.
Thanks for your support.
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CADJPY → Consolidation before the news. DowntrendFX:CADJPY continues to forge a downtrend, but within the current movement a symmetrical triangle of accumulative nature is forming
The currency pair may continue its decline due to the strengthening of the Japanese Yen, while the Canadian is consolidating in a narrow range.
The situation may be accelerated by today's news, namely Trump's speech, where he may announce new tariff measures.
Technically, the price is correcting after the false break of 103.56, being below the previously broken upside support. Price is testing key resistance at 104.90, and against 0.5 Fibo is forming a false breakout. A consolidation below 104.69, a break of 104.525 could trigger further decline.
Resistance levels: 104.900, 105.36, 105.74
Support levels: 104.525, 103.56
There are important news ahead, high volatility is possible, especially at the moment of Trump's speech, which may set a medium-term tone in the market.
The currency pair is in consolidation on the background of the downtrend and the priority is to expect a continuation of the fall
Regards R. Linda!
Will SUI break $2 support and drop 20% to $1.80?Hello and greetings to all the crypto enthusiasts, ✌
let’s dive into a full analysis of the upcoming price potential for SUI 🔍📈.
SUI is currently trading within a downward channel, signaling a potential continuation of its bearish trend. A decline of at least 20% appears likely, with the primary target set at $1.80, provided that the critical psychological support at $2 is decisively broken. If this key level fails to hold, increased selling pressure could drive the price lower, reinforcing the downtrend.📚🙌
🧨 Our team's main opinion is: 🧨
SUI is stuck in a downtrend, and if it breaks below the key $2 support, we could see at least a 20% drop, with $1.80 as the main target.📚🎇
Give me some energy !!
✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬
Cheers, Mad Whale. 🐋
+300 pips EURUSD swing trade setup SELL HIGH🏆 EURUSD Market Update
📊 Technical Outlook
🔸Short-term: BULLS 1150
🔸Mid-term: BEARS 0670
🔸Status: REVERSAL from S/R
🔸0660/0680 normal pullback
🔸BULLS will max out at 1150
🔸Price Target Bears: 0660/0680
🔸Price Target BULLS: 1140/1160
📊 Forex Market Update – April 7, 2025
🇪🇺 EUR/USD
🔹 Reclaims the 1.1000 level amid fresh USD weakness
🔹 Driven by EU-U.S. trade tensions & global recession fears
🔹 📈 Almost Completed a cup & handle formation
🇬🇧 GBP/USD
🔹 Holding gains above 1.2900 after rebounding from 1.2830
🔹 Supported by USD sell-off & BoE-Fed policy divergence
🔹 🛑 Risk-off sentiment & dip-buying helped push the pair higher
Bitcoin - This Is Just Wonderful!Bitcoin ( CRYPTO:BTCUSD ) creates textbook market stucture:
Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
SMCI: Enormous buy opportunity for a $70 Target.Super Micro Computer went from oversold to almost neutral on its 1D technical outlook (RSI = 42.789, MACD = -2.030, ADX = 39.343) as it is having an enormour turnaround on the 1W MA200 and the bottom of the Channel Up today. This is so far the biggest 1D green candle since January 19th 2024. The 1D RSI is on the same rebound as the February 3rd bottom was, so at least a +158.65% bullish wave is to be expected. Go long, TP = 70.00.
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Gold has adjusted in place and continues to be bullish!The first round of gold decline in the short term is in place, and the main force will continue to wash the market! Correction rebound is the main focus, the upper resistance is 3015, then 3030-25 and the high point 3045-55 area. From the closing point of view, the daily line finally closed with a big Yin line with an upper shadow slightly longer than the lower shadow. We treat it as a range shock during the day, keep high and low, the intraday support is 2956-60, the short-term support is 2978-75, pay attention to the 3020-30 range, and mainly do more on the rise. There is only more below 2980, and there is a long risk area above 3025-30, especially after a rapid rise, refer to the resistance to go short! The gold price is still in a long-term bullish trend, and long-term operations still maintain the idea of buying on dips; the medium-term may maintain high-level shocks, and medium-term operations need to be treated with caution; although it is in a downward trend in the short term, beware of technical pullbacks due to oversold, and wait for opportunities to buy on dips in short-term operations. For the short-term operation of gold, it is suggested to do more in the callback and short in the rebound. The short-term focus on the upper side is the 3025-3030 line of resistance, and the short-term focus on the lower side is the 2975-2956 line of support.
Short order strategy:
Strategy 1: Short (buy down) 20% of the position in batches near the rebound of gold around 3030-3035, stop loss 6 points, target around 3010-3000, break to see the 2990 line;
Long order strategy:
Strategy 2: When gold pulls back to around 2990-2993, do more (buy up) 20% of the position in batches, stop loss 6 points, target around 3010-3020, break to see the 3035 line;
Buying BTC at 73.5k - Why I’m Buying This Range Price has now dropped into a key demand zone where previous volume imbalances were left untested. The range around 74.6k–73.8k shows signs of absorption and buyer interest based on low volume nodes (LVNs) and volume profile structure. This zone acted as a major breakout area in the past, and with no acceptance below 74.6k on the 1H close, it suggests sellers are getting exhausted. I’m watching for signs of accumulation and structure shifts in this area to initiate longs, with invalidation on clean 1H closes below 73.7k. If BTC reclaims 75.1k on the 1H, expect momentum to shift and buyers to take it toward higher POCs and imbalance zones
NZDUSD Analysis Today: Technical and Order Flow !In this video I will be sharing my NZDUSD analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
USDCAD Bearish Momentum Ahead ?The USDCAD is currently situated within a downward trend channel, having broken through its horizontal support zone, which has now turned into resistance. If the price attempts to surpass this horizontal resistance, it might face rejection at the upper channel resistance. Let's observe what happens.
GOLD H1 Update: Expect correction 2900/2950 USD🏆 Gold Market Update (April 3rd, 2025)
📊 Technical Outlook Update
▪️5 wave impulse completed
▪️Expect correction now
▪️Tariffs already priced in
▪️Profit taking in progress now
▪️Price Target BEARS 2900/2950 USD
▪️Strategy: SHORT SELL rips/rallied
▪️target is 2900/2950 USD
📢 Gold Market Update – April 2025
📈 Gold Hits All-Time High!
🚀 Price spiked to $3,167.84/oz after Trump announced sweeping tariffs (10–34%) on global imports.
🌎 Investors rushed to safe-haven assets amid rising trade war fears.
📉 Volatility Followed
💸 Sharp pullback after the surge as markets reacted to global uncertainty.
🔁 Analysts expect more swings as tensions evolve.
🏦 Central Banks Buying More Gold
🛡️ A move to protect against currency risks & inflation fears.
BTC: Profit SignalThe new trading range of BTC has been confirmed. The key support below is at 80,000 - 81,000, and the resistance to be watched above is at 85,000 - 86,500. Short-term trading within this range can easily generate profits.
Currently, an account with a capital of 10K has already made a profit of 140K, and the accuracy rate of the signals is as high as 95%. If you also want to receive accurate signals every day, you can click on the link below the article to obtain them.