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SILVERThis chart shows Silver (XAG/USD) on a 4-hour timeframe with important levels and technical patterns marked. Here's a breakdown and analysis of the chart: Key Observations: 1. Price Structure: - The price of Silver has been moving in an ascending channel (marked by the blue trendlines), indicating a bullish trend over the period shown on the chart. The price makes higher highs and higher lows in a structured fashion. - Recently, the price reached the upper boundary of the channel and reversed, signaling a potential price correction. 2. FVG (Fair Value Gap): - The FVG (Fair Value Gap) is marked twice in the chart (at 32.40 - 32.50 and 33.10 - 33.40). An FVG represents an area where the market experienced a sharp price movement, leaving an imbalance. Price tends to return to fill these gaps, so the market could retrace to fill the FVG zones before continuing in either direction. - The FVG gap around 33.10 - 33.40 is particularly important as it has already seen a retest and can potentially act as resistance now. 3. Order Block:- An order block is identified around the 33.40 - 33.60 range, suggesting this is a key resistance zone. If the price approaches this level again, it could face selling pressure, which may result in further downside if the market fails to break above it. 4. Support Level: - The support level is indicated around 32.00 (just above the FVG gap), which could act as a strong floor for the price. If the price retraces lower, this zone is likely to act as a buying opportunity, providing strong support before any further upward movement. 5. Recent Drop: - The price has recently made a sharp bearish move from the upper boundary of the channel, signaling a correction from the recent high of 33.40. The market is likely testing the support level at 32.00 or the FVG zones. Potential Scenarios: 1. Bearish Continuation: - The price has recently broken below the FVG zone around 33.00 and is headed toward the support zone around 32.00. If 32.00 holds as support, we could see a reversal from this level. However, if the price continues lower and breaks through this level, it could target further downside levels, possibly reaching the next FVG gap around 31.50. 2. Bullish Reversal from Support:
TVC:SILVERLong
by Joan_Pro_Trader
ONENTRY### **GBP/JPY Overnight Range Breakout Strategy** **Timeframe:** 30 Minutes **Session:** London Pre-Market (00:00 - 06:30 +2GMT) ### **Step 1: Identify the Overnight Range** - Mark the **high** and **low** of the price range between **00:00 - 06:30 (+2GMT)**. - Wait for a **clear breakout** with a candle *closing* above (for longs) or below (for shorts) this range. ### **Step 2: Apply Fibonacci Levels** - After the breakout, use the **Fibonacci retracement tool**: - **Anchor Point 1:** Start at the *close* of the breakout candle. - **Anchor Point 2:** Drag to the *start* of the impulse move (first candle of the range). - Key level for entry: **0.5 and** **0.35 retracement**. ### **Step 3: Trade Execution** - **Entry:** Enter on a pullback to **0.5** and **0.35 Fib level** after the breakout. - **Stop Loss :** - *Long trades:* Below the **low of the breakout candle’s body**. - *Short trades:* Above the **high of the breakout candle’s body**. - **Take Profit Targets:** - **TP1:** 1.0 Fib (1:1 risk-reward). - **TP2:** 1.25 Fib extension. - TP3: 1.6 FIB extension - **TP4:** 2.3 Fib extension (runner position). ### **Step 4: Trade Management** - Move SL to breakeven when price hits **TP1**.
Long
by ONENTRY
ES UpdateGap is still open but market is cycling down. RSI is not oversold yet. Probably a bounce when RSI hits oversold, but I don't expect a big one until the daily gets oversold. Market took such a big shit that firms had to sell gold futures for to cover losses and margin calls. So gold is red now as well. SO that play also appears to be done. Too bad I didn;t just short something before close like XLF or AAPL. Gaps are so huge, I have no idea how to play this. I don;t recommend going long today though, unless its just a day trade.
CME_MINI:ES1!
by hungry_hippo
8
1-week US30: Could the Dow Jones Drop another 2000 PointsWe’re analyzing the weekly chart to grasp the broader market trend. Over the past three years, the US30 index has surged by 17,000 points, often resembling a nearly straight upward trajectory. However, multiple technical and fundamental factors now suggest a potential downward correction. From a fundamental standpoint, increasing tariffs imposed by the U.S. administration are fueling investor uncertainty, prompting a market sell-off. The prevailing risk-off sentiment is pushing investors away from stocks and into traditional safe-haven assets like the Japanese Yen and Gold. From a technical perspective, the US30 has formed a double top pattern, a classic bearish signal. Additionally, the 23% Fibonacci retracement level, which initially acted as support, has failed, with prices now breaking below. Given this setup, we are initiating a direct sell order at 41,000, with a stop-loss (SL) 2% above this level. Our take-profit (TP) target is set at 39,000, aligning with the 38% Fibonacci retracement level, which historically serves as strong support. This strategic positioning reflects the heightened volatility and the likelihood of a further market decline in the short to mid-term.
SKILLING:US30Short
by Trendsharks
XAUUSD SELL TARGET SUCCESSFUL HITTING READ IN CAPTIONSThis chart shows Gold (XAU/USD) on a 1-hour timeframe, with various key technical levels identified, including order blocks, FVG (Fair Value Gap), and target zones. Here's an analysis based on the chart: Key Observations: 1. Price Action: - The price of Gold has been moving in an ascending triangle pattern (denoted by the blue trendlines). Ascending triangles are typically bullish continuation patterns, where the price makes higher lows while encountering resistance at the top. In this case, the price is pushing upwards but facing resistance at around 3,147.84. - The price recently tested the FVG gap near 3,138.94, suggesting that the market might be filling an imbalance before continuing its movement. 2. FVG (Fair Value Gap): - The FVG identified between 3,138.94 and 3,147.84 represents an area where the price imbalance exists. In many cases, the market tends to revisit this gap to "fill" it before continuing its direction. The price has already started filling the gap, and traders often look for reversals in these areas. 3. Order Block:- The order block located around 3,163.99 indicates a zone of heavy selling pressure or institutional activity. This is an area where price previously faced rejection, making it a potential resistance zone. It might play a significant role if the price tries to move upward again. 4. Downward Move & Target: - After filling the FVG, the price has made a sharp downward movement, indicating that the bearish pressure has taken over. The target for this move is set at 3,100, which could be the next area of support. If the price continues its downward trajectory, it may eventually test this target area. - The target completion at 3,100 was reached, showing a strong bearish reaction after filling the gap. 5. Volume Analysis: - The volume bars indicate increased selling volume during the downward movement, especially around the time the price hit the FVG gap. This suggests that the market is more willing to sell after filling the gap, signaling strong selling interest. Potential Scenarios: 1. Bearish Continuation:
FX:XAUUSDShort
by Joan_Pro_Trader
DeGRAM | DXY dollar in the turbulence zoneDXY is in a descending channel under the trend lines. The price is moving from the upper boundary of the channel. After breaking the trend line, the chart went sharply lower amid the announcement of trade duties, after which it formed a gap. On the main timeframes indicators have gone into the oversold zone. We expect that the index will seek to close the gap after testing the lower boundary of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYLong
by DeGRAM
1
USD/JPY: Tariff Looms, Pressuring Range FloorOn Wednesday, the USD/JPY continued to weaken and further dropped below the 150 mark, which has turned into a strong resistance level (three consecutive upward attacks have stalled here). The new round of weakness is exerting pressure on the 20-day moving average (149.06, where bears have encountered strong resistance in the past two days). This moving average, together with the 50% retracement level (148.87) of the upward move from 146.53 to 151.20, provides good support. Ahead of tonight's tariff decision, the rising risk - averse sentiment continues to shore up the demand for the Japanese yen as a safe - haven asset. If President Trump opts to fully implement the import tariffs, this currency pair is likely to decline more rapidly, which will exacerbate the trade war and further disrupt the already fragile global economic situation. A sustained break below 149.06/148.87 will confirm the end of the corrective phase (146.32/151.20), with downward targets at 148.32 and 147.64 (Fibonacci 61.8% and 76.4% retracement levels respectively). The strong resistance at 150.00 (psychological barrier/10-day moving average) should cap the upside and maintain a bearish bias. However, a valid upward break would reverse the situation. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
Short
by JohnGonzalez7
3
CFX ANALYSIS📊 #CFX Analysis ✅There is a formation of Falling Wedge Pattern on daily chart with a good breakout and currently retests from the major resistance zone🧐 Pattern signals potential bullish movement incoming after a successful retest 👀Current Price:  $0.0775 🚀 Target Price:    $0.1210 ⚡️What to do ? 👀Keep an eye on #CFX price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #CFX  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
Gold Analysis StrategyTechnical analysis of gold: Gold surged and then fell in the early trading, with the highest price rising to 3167. However, the price subsequently fell and gave up all the gains, falling to 3116 at the lowest. The daily line just touched the 5-day moving average support. As long as the 5-day moving average support is not broken, the short-term trend will continue to rise strongly. According to this momentum, we will see 3200 points in the non-agricultural data tomorrow, Friday. However, one point worth noting is that the 4-hour MACD indicator has a dead cross signal. In addition, the high and fall of gold today, the K-line has formed a combination of Yin and Yang, suggesting that the risk of high-level selling pressure is increasing. Once it falls below the key position of 3100 below, the market will be completely controlled by the bears. So far, there has been a sharp decline, and the impact of the news is more of a roller coaster up and down wide fluctuation. The daily and monthly lines are currently under pressure on the upper track, and bulls should be careful. The 4H cycle failed to open upward. As a rule, there is a certain probability of a downward kill. The watershed below is still 3100. Only if it falls below this position can it gradually turn to short. At the same time, the current volatility is very large, and any fluctuation starts at ten points. It is recommended to reduce the position to trade; the current long structure of gold has not changed. The key support below is still the long-short watershed of 3100. Above 3100, the strong bullish idea remains unchanged. Short-term operations rely on 3100 for defense, and gradually look up near 3116. Focus on the strength of the European session. If the European session rebounds and does not break the high, then short the US session at highs. Pay attention to the resistance of the 3148-50 area above. On the whole, today's short-term operation strategy for gold is to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper side is 3148-3150 resistance, and the short-term focus on the lower side is 3100-3110 support. Short order strategy: Strategy 1: When gold rebounds around 3148-3150, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3135-3125, break to 3115 Long order strategy: Strategy 2: When gold falls back to around 3115-3118, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3130-3140, break the position and look at 3150
PYTH:XAUUSD
by Oliver389
DeGRAM | AUDUSD back in the channelAUDUSD is in an ascending channel above the trend lines. The price is moving from the support level and has already returned to the channel. The chart has formed a harmonic pattern and is now holding above the 38.2% retracement level. The 30m Timeframe indicators have formed a hidden bearish divergence. We expect the growth to continue after the retest of the lower channel boundary. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1