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EUR/GBP (1H) – Rising Wedge Breakdown & Short Trade Setup1. Overview of Market Structure The EUR/GBP pair is forming a Rising Wedge Pattern, a well-known bearish reversal formation, which suggests that the current uptrend may soon reverse into a downtrend. The price has been moving within a tightening range, making higher highs and higher lows, but the upward momentum appears to be weakening. A breakdown from this wedge is a strong bearish signal, indicating that sellers are gaining control, and a significant price drop is expected. 2. Chart Pattern: Rising Wedge – Bearish Reversal A Rising Wedge is a pattern that occurs when price moves upward within a contracting range. This pattern typically forms after an uptrend and suggests that bullish momentum is slowing down. Characteristics of the Rising Wedge in This Chart: The price has tested the upper resistance zone multiple times, but each attempt has resulted in a rejection. The lower support trendline has been tested frequently, showing that buyers are losing strength. The breakdown of the wedge signals a strong bearish move, with price expected to drop toward key support levels. This pattern becomes valid once the price breaks below the lower trendline, confirming the bearish outlook. 3. Key Technical Levels & Zones A. Resistance Zone (0.84853) – Strong Supply Area Marked as a Resistance Zone, where price has struggled to break through. Sellers have stepped in around this level multiple times, preventing any further bullish movement. Acts as a major stop-loss level for bearish trades, as a breakout above this zone could invalidate the setup. B. Support Zones (Potential Take-Profit Targets) 1st Support Level (TP1) – 0.82539 This level has previously acted as strong support, where buyers have entered the market before. A short-term pullback or consolidation may occur here. 2nd Support Level (TP2) – 0.81332 This is the final bearish target, marking a key demand zone from where price has bounced in the past. If bearish momentum continues, price could reach this level, making it an ideal take-profit zone for swing traders. 4. Trading Strategy & Execution A. Entry Strategy A short trade is ideal after the price breaks below the rising wedge pattern. There are two possible entries: Aggressive Entry: Enter immediately after the breakout of the lower trendline, anticipating strong downside momentum. Higher risk as price might retest the trendline before moving down. Conservative Entry: Wait for a retest of the broken trendline before entering short. This confirms the breakdown, reducing false breakout risks. B. Stop-Loss Placement Stop-loss should be placed just above the resistance zone (0.84853). This prevents being stopped out by minor pullbacks before the actual move happens. C. Take-Profit Targets TP1: 0.82539 (First major support level – potential profit booking area) TP2: 0.81332 (Final bearish target – strong demand zone) 5. Risk Management & Trade Management Risk-to-Reward Ratio (RRR) This trade offers a high RRR, making it an attractive setup. The stop-loss is small compared to the potential downside move. Trailing Stop Strategy A trailing stop can be used to lock in profits as price moves lower. If price reaches TP1, move stop-loss to breakeven to secure capital. If price reaches TP2, close the trade for maximum profit. Exit Strategy Exit early if price fails to break key support zones. Monitor price action around TP1 & TP2 for signs of reversal. 6. Sentiment Analysis & Market Context Bearish Confirmation: Breakdown from the wedge signals bearish sentiment in the market. If price fails to sustain above support zones, further downside is likely. News & Fundamentals: Major economic events or interest rate decisions could impact EUR/GBP volatility. Traders should check for UK & Eurozone news before entering the trade. 7. Conclusion – Bearish Outlook The Rising Wedge breakdown is a strong short-selling opportunity. Confirmation is key: Enter short after the breakdown, use proper risk management, and aim for TP1 & TP2. If price invalidates the pattern by breaking above 0.84853, the trade setup should be reconsidered. This setup provides a high-probability bearish trade with a well-defined stop-loss and risk-to-reward ratio.
Short
by GoldMasterTrades
GOLD Trading Opportunity! BUY! My dear subscribers, My technical analysis for GOLD is below: The price is coiling around a solid key level - 3091.4 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 3108.1 My Stop Loss - 3083.4 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
TRADENATION:XAUUSDLong
by AnabelSignals
1
Not a bright future for tech stocksAfter almost touching level 1.618 on FiB, confirming positive news regarding the latest financial results and positive market conditions, #FTNT took a hard hit on the current tariffs being in talks, as part of their portfolio consists in physical hardware. Even though, considering their regional market exposure, quite well divided between US and EU, FTNT took a hard hit and it continues to go lower. Next region to be visited will be 80$, which is 30% down from ATH. I foresee it in the near future, as we may see escalations on broader market.
NASDAQ:FTNTShort
by mihaicraciun00
IS THE GLOBAL “BIG SHORT” ON ITS WAY?TRADE WAR WARNING – IS THE GLOBAL “BIG SHORT” ON ITS WAY? In the last 24 hours, global financial markets were rattled after Donald Trump unveiled a sweeping set of new global tariffs. This wasn’t just a political move — it may well mark the beginning of a new wave of global economic instability. Markets across the board took a hit: 📉 US, European, and Asian equities 📉 Gold (XAU/USD), the US Dollar Index (DXY), and even crypto — all plunged into the red. 🔍 So, What Actually Happened? Gold dropped by over 100 points in a single session — and strangely, the US dollar also fell. Normally, a weaker USD would support gold. So why did gold sell off this time? ➡️ One likely explanation is that institutional investors sold gold positions to cover losses in equity markets, or to free up margin amidst the chaos. 📉 This wasn’t just a correction — it might be the early signal of a global BIG SHORT forming across multiple asset classes. 🧨 The Start of Something Bigger? Markets aren’t just reacting to tariffs. They’re pricing in the risk of a full-scale trade war, which could disrupt global supply chains and hammer corporate earnings. Industries like construction, healthcare, logistics, and manufacturing are already showing signs of strain. If this escalates, we could be looking at something far more serious than a short-term sell-off. 📉 The Data Doesn’t Look Great Either While inflation in the US continues to cool, other key data points are deteriorating: ISM Services PMI (March): 50.8 (vs 53.0 expected) Employment sub-index: 46.2 (down sharply from 53.9) New orders, export orders and backlogs also fell 👉 These are real signs of economic slowdown, especially considering that services make up over 70% of the US economy. 🧠 Market Sentiment: FOMO, Fear, and Panic At the moment, it’s hard to ignore how unsettled sentiment has become. Retail and institutional traders alike are acting on fear. And that’s dangerous. 🔔 Tonight’s Non-Farm Payrolls (NFP) report could either calm things down — or add more fuel to the fire. 🏦 Will the Fed Cut Rates Sooner? Markets are rapidly shifting their expectations: A rate cut could come as early as May or June 2025 Traders are now pricing in 2 to 4 cuts this year (previously just 2) There’s now a strong chance the Fed pivots earlier than expected If jobs data continues to soften, the Fed may have no choice but to act faster — despite core inflation not yet fully under control. ⚠️ Trading Strategy: Observation Over Action Right now, your best position might be… no position. "Sometimes, the most profitable trade is the one you don’t take." This isn’t the time to chase wild price action. It’s the time to prepare and plan with logic — not emotion. 📊 Key Technical Levels on XAU/USD 🔺 Resistance: 3110 – 3119 – 3136 – 3148 – 3167 🔻 Support: 3086 – 3075 – 3055 – 3040 – 3024 🟢 BUY ZONE: 3056 – 3054 SL: 3050 TP: 3060 – 3064 – 3068 – 3072 – 3076 – 3080 🔴 SELL ZONE: 3148 – 3150 SL: 3154 TP: 3144 – 3140 – 3136 – 3132 – 3128 – 3124 – 3120 💬 Final Thoughts The combination of tariffs, recession fears, and rate cut speculation is building into what could become a perfect storm. Gold is in the eye of that storm. Now is not the time to panic — but to trade with clarity and control. 📌 Don’t let emotion drive your trades. Stick to the chart. Stick to your plan. Protect your capital. 🧠 Patience is what separates the lucky from the consistently profitable.
OANDA:XAUUSDShort
by MMFlowTrading
Divergences Everywhere — Bears Want You Out! Hello Traders 🐺 This is a short and quick emergency update for ETH, because I personally think that we are about to see a massive reversal in the market, especially in the Altcoin section: 1_ Falling wedge: ETH is inside a falling wedge pattern just like BTC. They have the same pattern and also we have clear signs of bottoming out for both of them. 2_ Bullish divergence on the Daily chart: If you pay close attention to the RSI, you can see that we have a massive bullish divergence and this means breakout is so imminent for ETH, and this is going to be to the upside rather than downside, because honestly we are about 60% down from the ATH price — which in my opinion is enough correction for bulls to come back and take control. 3_ BTC.D is about to top out: If you saw my last idea about it, you know that we have a very huge bullish divergence — not on the daily, not even on the weekly! We have it on the monthly chart!!! That's f..king enough to be extremely bearish on BTC.D and be over bullish on ETH and Alts as well. 4_ ETH/BTC is very close to the monthly support and demand area: I will publish a complete idea about it because this is beyond the current idea and I have to explain it in detail. Oh right guys, I hope you make the right decision — and also always remember: 🐺 Discipline is rarely enjoyable, But almost always profitable 🐺 🐺 KIU_COIN 🐺
Long
by Kiu_Coin
CADJPY Will Move Lower! Sell! Please, check our technical outlook for CADJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 103.448. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 102.631 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Gold daily time , AScending cHannelGold (XAU/USD) Daily Chart Analysis – April 4, 2025 1. Trend & Structure Overall Trend: Gold has been in a strong uptrend, forming higher highs and higher lows within an ascending channel. Current Position: Price is currently near the upper boundary of the channel, suggesting potential resistance and a possible pullback. 2. Key Support & Resistance Levels Resistance: ~$3,120 (upper trendline of the ascending channel) Support: ~$3,000 (mid-channel support) and ~$2,900 (lower boundary of the channel) 3. RSI Analysis RSI (Relative Strength Index): The RSI is currently at 70.79, which is near the overbought level. This indicates that gold might be overextended and could see a short-term pullback before continuing higher. 4. Volume Analysis There was a high volume spike recently, suggesting strong buying activity. However, if volume decreases on the next push higher, it could indicate buyer exhaustion. 5. Possible Trading Scenarios 📉 Bearish Scenario (Pullback) If gold fails to hold above $3,100, a correction towards $3,000 or even $2,900 could be expected. A confirmed break below the mid-channel could indicate a deeper correction. 📈 Bullish Scenario (Breakout) If price consolidates and breaks above $3,120-$3,150, it could continue rallying toward $3,200-$3,250. 6. Trading Plan Short-Term Trade: Look for potential shorting opportunities around $3,120 with a stop above $3,150 and targets around $3,000. Long-Term Trade: Wait for a retracement toward $3,000-$2,900 for buying opportunities with a stop below $2,880.
OANDA:XAUUSDShort
by Forexbeats
Ethereum (ETH): Most Important Zone For EthereumWe are in one of the most important zones for Ethereum, where we are looking for 2 possible scenarios currently. 1) Ideally we should see a buying volume to build from here, which would give us a good buying opportunity once we see an MSB to form on smaller timeframes. 2) If sellers keep this kind of dominance, we will fall to a lower size of our zone, which is $1,500. Currently, Monday has been pretty weak so we might have to wait more for a proper support zone to form but keep your eyes on EMAs; they are way too far from the market price, which usually means a possible quick movement can happen! Swallow Team
Long
by SwallowAcademy
ONENTRY USD/JPY ONENTRY '1TWO 1 Strategy' Timeframe: 30 Minutes Key Session: Asian Market Hours (00:00 - 05:30 +2GMT) Strategy Rules 1. Identify the Asian Range Mark the high and low of USD/JPY between 00:00 - 05:30 ( +2GMT ) Only trade if the range is >25pips (avoids noise). 2. Wait for Breakout + Pullback Breakout: Price must close outside the range (candle body, not wick). Pullback: Enter on a 50% retracement of the Asian range. Longs: Breakout above range → buy at 50% pullback. Shorts: Breakout below range → sell at 50% pullback. 3. Trade Execution Entry: 50% retracement level of the Asian range. Stop Loss: Longs: Below the range low (for breakouts above). Shorts: Above the range high (for breakouts below). Take Profit : 1:1 Risk-Reward (RR).
Short
by ONENTRY
Detailed Explanation Of The Current Gold Market Analysis1. Market Structure & Technical Setup Recent technical charts for gold (XAU/USD) indicate that the price has been forming a pattern characterized by higher highs and higher lows. This type of price action suggests that, despite periods of consolidation, there is an underlying bullish trend. Notably, a shorter-term moving average (such as the 20-period SMA) appears to be acting as a dynamic support, helping to cushion short-term price declines. In contrast, longer-term moving averages (like the 100 SMA and 200 SMA) provide a broader view of the trend and help traders confirm the overall bias of the market. In technical terms, the market has been consolidating around key support levels—for example, areas observed near price levels such as ~$2,985, ~$3,000, and ~$3,015. At the same time, resistance levels exist around the ~$3,030–$3,060 region. This consolidation phase is often interpreted as the market preparing for a potential breakout upward, particularly if the price successfully breaches these resistance levels. 2. Fundamental Drivers On the fundamental side, gold remains significantly influenced by global economic factors: Given these factors, even though technical indicators point to a bullish trend over the longer term, short-term fluctuations can occur due to shifts in economic data or geopolitical events. 3. Trading Implications & Caution For traders, the current analysis suggests a cautiously optimistic outlook on gold. The consolidation phase near key support and resistance levels might signal an imminent upward breakout. However, it’s important to note: Conclusion In summary, the current gold market analysis reveals a market that is technically poised for upward movement, with a bullish long-term cue indicated by higher highs and higher lows, and critical support levels offered by dynamic moving averages. Yet, one should remain cautious due to possible short-term volatility fueled by economic and geopolitical events. By complementing technical analysis with fundamental insights, traders can form a more balanced view and make informed decisions. If you’d like further discussion on how to integrate this analysis into a trading strategy or need additional insights on specific technical indicators, we can dive deeper into those aspects as well.
FOREXCOM:XAUUSDShort
by Buddhika_Trading
The Nikkei (NKD) poised to continue its broader corrective trendThe Nikkei (NKD) has been trending lower since its peak on July 8, 2024. We indicate this decline follows a “double three” Elliott Wave pattern, characterized by a series of distinct movements. After reaching that high, the index fell to 30,720, rebounded to 40,675, and is now progressing downward in a zigzag formation as the internal within “wave y.” The index dropped to 36,275, rose to 38,029 with intermediate fluctuations, and has since resumed its downward trajectory. This ongoing move lower has already reached 33,525, followed by a recovery to 34,975. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. We anticipate the index will extend further downward to complete this phase. Afterwards, a temporary rally is expected to provide a correction before the next decline resumes. In the near term, as long as the high of 38,029 remains intact, any upward movements are likely to be limited, setting the stage for additional downside. Investors should monitor these developments closely as the Nikkei continues to navigate this pattern
CME:NKD1!
by Elliottwave-Forecast
Bearish drop?The Silver (XAG/USD) has reacted off the pivot and could drop to the 1st support. Pivot: 31.91 1st Support: 30.92 1st Resistance: 32.68 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:XAGUSDShort
by ICmarkets
Strong Breakout on WUSDT: Potential for Major Bullish Move WUSDT has recently completed a strong breakout from a key resistance zone, signaling a potential shift in momentum and attracting significant attention from traders. The technical setup points to a confirmed breakout with increased trading volume, which typically precedes a powerful rally. This move is further supported by market participants showing renewed interest in the project fundamentals, positioning WUSDT for a potential bullish continuation. With solid volume pouring in post-breakout, WUSDT looks ready to make a major move to the upside. Current market structure indicates a healthy retest of the breakout level, setting the stage for a possible rally of 250% to 300% in the coming sessions. Such gains are within reach, especially if broader market sentiment remains positive and volume continues to climb. Investor confidence in WUSDT is growing, as many see it as an undervalued gem ready to reclaim higher levels. Its technical strength, combined with strong buying activity, presents an attractive opportunity for both swing traders and long-term holders. Watch for key psychological resistance levels to act as future targets while support holds firm below. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
BIGTIME/USDT Analysis – 30-Minute Chart (OKX)BIGTIME/USDT Analysis – 30-Minute Chart (OKX) Key Support Levels: Immediate support: 0.06043 USDT Stronger support: 0.05960 – 0.05515 USDT (Potential entry zone) Stop-loss (SL): Below 0.04916 USDT (-12.19% risk) Key Resistance Levels: First resistance: 0.06485 USDT (Take Profit 1) Next resistance: 0.06902 – 0.07002 USDT (Major supply zone) Higher targets: 0.07511 – 0.08055 USDT Indicators & Market Structure: Stochastic RSI is in an overbought zone, suggesting a possible short-term pullback. EMA 20, 50, 100, 200 show bullish momentum, with the price above EMA 20 and EMA 50. Bearish pressure is decreasing, as buy signals and TP targets are being triggered. Trade Plan: Bullish case: If BIGTIME/USDT holds 0.06043 USDT, it may continue towards 0.06485 – 0.07002 USDT. Bearish case: If price falls below 0.05960 USDT, a deeper correction to 0.05515 USDT is likely. 📌 Summary: BIGTIME is in a short-term uptrend, but Stochastic RSI suggests a possible pullback before continuation. Holding 0.06043 USDT is key for further upside toward 0.07002 USDT. If price loses support, a retest of 0.05515 USDT is possible. 🚀
Long
by cyscalpingvip
$MINA Approaching Decision Zone – Reversal Incoming?📊 Market Structure Update CSE:MINA has been stuck in a descending channel for months, maintaining a bearish structure. However, a falling wedge is forming near key support—a classic bullish reversal signal. 🔍 What’s Next? A breakout from this pattern could shift momentum and ignite a strong rally. Rejection here might extend the downtrend further—confirmation is key! 🚀 Traders, are you watching this setup? Drop your thoughts!
by coin_mastermind