Trade Idea: EUR/GBP Long PositionTimeframe: 4H
Entry Price: ~0.85168
Trade Type: Buy (Long Position)
Technical Justification:
Bullish Reversal Setup: After an extended downtrend, price action has formed a potential reversal pattern with higher lows, indicating early signs of bullish momentum.
Break of Consolidation Zone: Price has broken above recent consolidation, suggesting a possible trend shift.
RSI Confirmation: The RSI (14) has crossed above its moving average and is currently above 50, supporting bullish momentum.
Risk-Reward Setup: The trade offers a favorable risk-to-reward ratio with a stop-loss set below recent lows at 0.84765 and a target near the previous resistance zone at 0.85980.
Trade Details:
Entry: 0.85168
Stop-Loss: 0.84765
Take-Profit: 0.85980
Risk-Reward Ratio: Approx. 1:2.5
Market Outlook:
This long setup aligns with potential bullish divergence and a structure break on the 4H chart, offering an ideal opportunity for swing traders anticipating a correction or trend reversal.
Chart Patterns
Gold TechnicalsThis chart outlines a potential bullish breakout scenario for XAUUSD on the 1-hour timeframe. Price has been respecting a descending trendline, but recent upward momentum has brought it back to a key decision point near the trendline resistance. The circled area labeled "BOS" (Break of Structure) suggests a possible shift in market structure from bearish to bullish if price breaks and sustains above that zone. The main expectation is for price to push higher toward the upper resistance around 3,320 if the breakout confirms, offering a swing or intraday long opportunity. However, the alternative scenario (marked with a red arrow) highlights that failure to break the trendline could result in a rejection and continuation of the downtrend toward the 3,180–3,160 support zone. RSI near mid-levels supports the idea that price still has room to move in either direction, emphasizing the importance of watching price behavior at the breakout point.
ETHUSD – Breaker Block Rejection in Play?Ethereum has been consolidating in a rising channel after failing to break below the 1754 support zone for weeks. Yesterday, price tapped into the 1854 resistance — which also aligns with a bearish breaker block — but failed to close above, showing two strong rejections so far.
Current Observation:
The 1854 level is holding up as resistance, and the most recent candles show weakness at that zone. If price fails to break and close above it, we could see a move back down toward the 1687–1694 support area.
What I'm Watching:
– A confirmed close below the breaker block zone around 1854 could trigger a short setup, with 1754 as the first target.
– If 1754 breaks, I’ll be eyeing the next zone between 1686.8 and 1694.1 for a potential take-profit zone or reaction.
Key Levels:
– Resistance: 1854 → 1881
– Support: 1754 → 1694 → 1687
If 1854 continues to reject price, I’ll be looking to go short on confirmation, targeting a drop back into the lower support zones.
But if we get a strong close above 1854, I’ll reassess for possible upside continuation.
Let’s see how it reacts.
Trade safe.
pClem Trades
Vana Will Grow Because I Say So... (Vana Or Banana?)It is a young chart, but the chart is so simple and easy that it cannot be ignored.
When we a look at a chart what are we looking for? Mainly bullish potential. A chart that looks ready to grow. A chart that says the bearish wave is over and a new bullish wave will start.
For this reason, VANAUSDT is easy.
There are no strong bullish signals. Basically there are no signals at all, but, we have price action.
VANAUSDT was in a descending trend and then goes sideways. So now we have information. We know the bearish action is over because we no longer have lower lows and lower highs. We know consolidation is happening because prices are sideways. We know soon there will be change because volume continues to drop. So, if the downtrend is over and the market enters a sideways range, we can assume that a bullish trend/wave/phase will develop next.
We can only make this assumption because we have an understanding of market cycles and keep an eye on the rest of the market. If we were unfamiliar with Cryptocurrencies are were looking at this chart in isolation we would not be able to make this assumption in a valid way. We would be able to make it but it would be a wild guess rather than an educated guess.
We know the market will grow.
We know Bitcoin is growing and we know some Altcoins are growing even three digits green in a single day. This never happens in a bear market and this happens only at the start of a new bullish phase.
We also know that the Altcoins that are breaking bullish and moving up strongly went through exactly the same pattern as VANAUSDT. They were going down and stopped going down and went sideways, from sideways turned green.
That's how I know that VANA will grow.
Thanks a lot for your continued support.
Namaste.
Bitcoin Daily Chart Update – Momentum Intact!📢 Bitcoin (BTC) has surged from $84,800 to nearly $96,000 in just 10 days, following a strong breakout on the daily chart. Price is holding well, showing bullish continuation.
🚩 The next key level is $97,200 – a clean breakout above this can open the door to $99,520 and possibly a retest of recent highs, assuming global sentiment remains stable.
🔒 Stop-loss for the setup: $93,000
📈 This setup was spotted using the iSparkIndicator, which is designed to identify early momentum shifts and breakout zones. It’s been a game-changer in catching such moves with confidence.
📬 If you're curious about how it works, feel free to DM me for insights or a hands-on trial.
#Bitcoin #BTC #Crypto #Breakout #CryptoTrading #TechnicalAnalysis #TradingView #iSpark #BitcoinUpdate #TrendFollowing
Ethereum Breakout After 64% Crash | Big Moves Ahead!After capturing a massive 60% fall in ETH, we are now spotting the first clear breakout sign on the daily chart!
ETH is currently trading around $1,794 and looks ready to rally towards the $2,100–$2,150 zone soon With a SL of $1,600 . 📈
Big institutional players have already started accumulating BTC and ETH heavily — the smart money is moving, and the impact will be visible very soon!
Stay tuned — the next few weeks could be a game changer for crypto!
🔹 #ETHUSDT #Ethereum #CryptoBreakout #iSparkIndicator #CryptoTrading #Bitcoin #CryptoAnalysis #TradingView
XRP Bull Flag Hints at Potential BreakoutXRP is currently showing a weekly bull flag pattern, a technical consolidation phase that often precedes a significant upward price movement.
This formation suggests strong underlying bullish momentum, and a breakout from this pattern could propel XRP to new yearly highs.
Earlier in the year, in March 2025, the SEC dropped its appeal in the Ripple Labs lawsuit.
Later in the year, in June 2025, decisions regarding an XRP ETF to be announced
TARGET SUCCESSFULLYThis chart highlights a textbook liquidity sweep and reversal pattern in Gold (XAU/USD).
Key Levels:
- Resistance Zone: Clearly defined above 3,360, with multiple rejection points.
- Support Level: Around 3,250, acting as a strong demand area.
- Liquidity Zone: Price dipped below the support to trigger stop-losses and trap sellers before reversing upward.
Price Action Insights:
- After grabbing liquidity below the support zone, the price rallied back, confirming a reversal setup.
- The move reached the target zone at 3251.225, fulfilling the projected bullish objective.
Outcome:
The trade idea played out successfully with the target marked as complete. Now, price is hovering at the former support-turned-resistance zone.
Next Steps:
Traders should monitor for:
- A potential breakout above this zone for continuation.
- Or rejection signals for a short-term pullback.
Gold (XAU/USD) 3H Chart Analysis – Bullish Setup Toward $3,500 TCurrent Price: $3,254.26
EMA 70: $3,285.50 (Price is below EMA – cautious zone)
Bias: Bullish 📈 (if demand zone holds)
Key Zones:
🟦 Demand Zone: $3,200 – $3,260
✅ Strong buy interest expected here
⚠️ Good place to look for entry signals
🟥 Resistance Zone: $3,223.60 – $3,323.84
🔄 Price is currently testing this zone
A breakout here can lead to bullish momentum
🎯 Target Point: $3,500 – $3,529 💰
📌 Defined as "Target Point 3500"
High potential for profit-taking here
⛔ Stop Loss: $3,161.32
🚫 Placed below demand zone for risk control
❗ Important to exit if price drops here
Trade Idea 💡
📥 Buy Entry: Near or above $3,223.60
✅ Hold as long as price respects demand zone
🎯 Target: $3,500
⛔ Stop Loss: $3,161.32
⚖️ Risk:Reward ratio looks favorable!
Quick Summary:
🟢 Bullish Setup
💪 Demand zone is strong
📈 Breakout above resistance may fuel a rally
⏳ Wait for confirmation before entry!
Polkadot Setup Unfolding - Wait for the Breakout!🔍 Polkadot (DOT/USDT) Technical Breakdown
Currently analyzing DOT/USDT, and when we zoom out to the higher timeframes (📆 weekly and daily), it’s clear that price remains in a macro bearish trend 📉. We’ve recently seen a deep retracement into the upper end of the range — a region I would classify as premium pricing 💰.
Despite the recent bullish momentum 🔼, I'm exercising caution when it comes to long positions. From a value perspective, this isn’t where I want to be buying. Instead, my bias leans bearish — but only if specific criteria are met. ✅
I'm watching closely for a clear break of the current range, ideally with:
1️⃣ A market structure break
2️⃣ Strong price displacement (to confirm intent)
3️⃣ A shift in order flow and momentum to support a downside move 🚨
These concepts are influenced by a blend of Wyckoff theory and ICT (Inner Circle Trader) principles 🧠, which I walk through in detail in the video.
📚 As always, this is for educational purposes only — not financial advice. 💼❌
Finer Market Points: ASX Top 10 Momentum Stocks: 2 May 2025 CSE:DTR NASDAQ:ADN NYSE:NMR ASX:DXB ASX:WA8 LSE:KNB NASDAQ:ZEO ASX:BOE ASX:DRO LSE:CEL Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Dateline Resources Limited (DTR) Andromeda Metals Limited (ADN) Native Mineral Resources Holdings Limited (NMR) Dimerix Limited (DXB) Warriedar Resources Limited (WA8) Koonenberry Gold Limited (KNB) Zeotech Limited (ZEO) Boss Energy Limited (BOE) DroneShield Limited (DRO) Challenger Exploration Limited (CEL)
Sell@97500, TP 96000 - 95000 - 94000🎉 Yesterday, I accurately predicted that the price of BTC would break through 97,000! 🚀 Now, a pullback is on the horizon ⬇️. Keep an eye on the support level at 93,000! 👀
⚡⚡⚡ BTCUSD ⚡⚡⚡
🚀 Sell@97500
🚀 TP 96000 - 95000 - 94000
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Vedant Fashions: A Stylish Opportunity in the Making?Vedant Fashions is forming a compelling technical setup, with a potential Triple Bottom indicating a bullish reversal, supported by steadily rising delivery volumes, often a sign of smart accumulation. As the stock approaches the key resistance zone of ₹836–₹848, caution is advised, as this range may trigger short-term profit booking. However, a breakout above this neckline with strong volume could signal the start of a fresh uptrend. For educational purposes, this setup beautifully illustrates how classic chart patterns and volume trends can hint at a stock’s next move.
EUR_CAD BEARISH BREAKOUT|SHORT|
✅EUR_CAD made a bearish
Breakout of the support
Cluster of the rising and
Horizontal support lines
Around 1.5672 and the
Breakout is confirmed so
We are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.