NSDQ China & Canada trigger “tariffs retaliations selloff”The tech-heavy NASDAQ dropped yesterday, underperforming the market, while the Mag-7 fell 3.09%, now down over 10% in the past two weeks. Nvidia led the decline, plunging 8.69%. The Nasdaq 100 (USTec) index maintains a long term bullish outlook supported by its long-term uptrend. However, recent price action suggests a corrective pullback following the all-time high, bringing the index to a key technical support zone.
Bullish Scenario:
The 20280 level (200-day moving average) serves as a critical support zone, aligning with the long-term rising trendline.
A pullback towards this level, followed by a bullish bounce, could reaffirm the prevailing uptrend.
Upside targets include:
21200 (key resistance)
21450 (50-day moving average)
21620 (20-day moving average)
A strong rebound from 20280 could reinforce bullish momentum and set the stage for further gains.
Bearish Scenario:
A confirmed breakdown below 20280 with a daily close beneath this level would weaken the bullish structure.
This could trigger a deeper retracement, leading to downside targets at:
19990 (next key support)
19560, if bearish pressure intensifies
A sustained loss of 20280 may indicate a broader correction, potentially shifting sentiment in favor of sellers.
Market Outlook:
The 20280 level is pivotal—holding above this support will sustain the bullish trend, while a decisive break below it could signal extended downside risks. Traders should monitor price action and volume at this critical level to gauge the market’s next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Chart Patterns
EURAUD Bullish breakout retest? The EURAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios.
Key Levels to Watch
Resistance Levels: 1.6980, 1.7070, 1.7190
Support Levels: 16800, 1.6650, 1.6500
Bullish Scenario
If EURAUD sustains price action above the 1.6800 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 1.6980, followed by 1.7070 and ultimately 1.7190 in the longer term.
Bearish Scenario
A failure to hold above 1.6800, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.6650, with further retracement potential toward 1.6500 over an extended timeframe.
Conclusion
EURAUD remains in a bullish structure, but price action around the 1.6800 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GOLD - Looking for a retracement to buyWe're currently monitoring a textbook V-shaped recovery pattern in Gold, with price action showing impressive strength after carving out a significant bottom. The recent upward momentum has been substantial, but we're not chasing entries at current levels. Instead, we're patiently waiting for a healthy retracement to develop, which should provide more favorable entry conditions for long positions. Our analysis indicates this pullback represents a strategic opportunity rather than a reversal of the broader bullish trend.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GOLD BULL HIGHER HIGH BREAKOUT ALERT!🚀 Calling all traders! 🌟 XAUUSD is blazing, smashing records with finesse! 🔥 Here’s the latest:
🔍 XAUUSD Overview: 📊 Engaged in a gripping duel between 2883 and 2893. 🤔 Is a breakout looming?
📉 Bearish Outlook: 📉 Be alert for potential declines if it dips below the range! 🎯 Targets: 2870, 2860.
📈 Bullish Outlook: 📈 Anticipate buying opportunities if it breaks above! 🎯 Targets: 2900, 2908.
💬 Join the Discussion: 💬 Share your perspectives as we journey through this golden terrain! 🗣️ Let’s reach new heights together! 💼✨
EURUSD Will Keep Growing!
HI,Traders !
EURUSD broke the key
Horizontal level of 1.05153
While trading in an uptrend
And the breakout is confirmed
So we are bullish biased and
After a potential correction
And a retest of the new support
We will be expecting a
Further bullish move up !
Comment and subscribe to help us grow !
NZDUSD: Bullish Continuation & Long Trade
NZDUSD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long NZDUSD
Entry Point - 0.5639
Stop Loss - 0.5608
Take Profit - 0.5693
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
AUDNDZ Massive Long! BUY!
My dear followers,
I analysed this chart on AUDNDZ and concluded the following:
The market is trading on 1.1064 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.1078
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
———————————
WISH YOU ALL LUCK
Ethusd...Buy trendBased on the analysis of the ETHUSD trade idea, here's a structured summary and evaluation:
---
### *Trade Analysis Summary: ETHUSD Long*
*1. Technical Factors:*
- *Trend Line Rebound:* Price rebounded from a key long-term support, suggesting potential reversal or continuation of an uptrend. Validate the trend line with historical touches (e.g., 3+ prior bounces).
- *CCI Indicator:* Oversold signal (CCI < -100) breaking upward, hinting at bullish momentum. Confirm with RSI/MACD convergence to avoid false signals in a downtrend.
*2. Fundamental Catalyst:*
- *Trump Crypto Fund News:* Positive sentiment from political adoption, but verify:
- Has the market already priced this in? Check price action post-announcement.
- Regulatory implications (e.g., SEC stance on Ethereum as a security).
*3. Entry & Risk Management:*
- *Entry Trigger:* Define "further growth" (e.g., break above $2,950 resistance or a 1-hour close above the 50-period EMA).
- *Stop-Loss (SL):* Essential for risk control. Place below the trend line (e.g., $2,700) or recent swing low.
- *Targets:*
- *Target 1 ($3,100):* Aligns with June 2024 resistance or 61.8% Fibonacci retracement.
- *Target 2 ($3,500):* Psychological level and previous swing high (March 2024).
*4. Confluence Checks:*
- *Volume:* Confirm rising volume on the rebound for stronger conviction.
- *Market Sentiment:* Monitor Bitcoin’s movement (ETH often correlates) and crypto fear/greed index.
- *Futures Data:* Negative funding rates could indicate short-squeeze potential.
*5. Risks:*
- False breakout if trend line fails or news lacks follow-through.
- Macro risks (Fed policy, geopolitical events) impacting crypto as a risk asset.
---
### *Recommendation:*
- *Execute Long IF:*
- Price holds above trend line with bullish candle closes.
- CCI sustains above -100 and RSI > 50.
- Volume increases on upward moves.
- *Avoid IF:*
- ETH closes below trend line or shows weak momentum (low volume).
*Adjusted Trade Plan:*
- *Entry:* $2,900–$2,950 (confirmed breakout).
- *SL:* $2,700 (-7–10% risk).
- *Targets:* $3,100 (6% gain), $3,500 (20% gain).
- *Risk/Reward Ratio:* ~1:3 (favorable).
---
Always scale in/out and monitor news for sudden shifts. 🚀
How should we analyze ETHUSDT? I have written about the reasons Ethereum has been the most talked-about asset during this downturn.
↪ Each time it showed a decline, the drop was sharp and rapid, consistently forming new lows. As a result, it has significantly lost trust among retail investors who were primarily focused on buying.
Here is the daily chart of Ethereum.
The overall structure and range are formed using two supply zones as key levels along with a single range.
I am currently using two key levels as my primary reference:
1. The support zone that held during the decline in early February.
2. The resistance zone that formed when the previous low was broken.
✔ Despite the new low being established, I have set the range as shown above because it is still too early to confirm a complete breakdown of the lower range.
✔ As shown in the chart above, we have yet to see a full-body candle close below the lower range. Additionally, the key level at the bottom continues to provide support.
If we do see a decisive full-body close below the lower range and the key level no longer holds as support, we can conclude that the liquidity sweep at the lower range has failed to remove sufficient liquidity.
A Range Sweep typically occurs when there is a well-defined range with clear highs and lows. It refers to a scenario where price temporarily breaks out (or breaks down) beyond this range but closes back inside, leaving a wick.
This movement goes by different names, such as Range Sweep, Stop Hunt, and Fake Out, but they all serve a distinct purpose.
The Role of Smart Money in Liquidity Sweeps
Market-controlling entities, often referred to as Smart Money, tend to move in the opposite direction of retail traders. Their primary objective is to eliminate as many retail positions (liquidity) as possible before triggering a sharp price reversal.
Retail traders generally follow simple trading patterns:
• They tend to chase price moves, entering long positions as the price rises and short positions as it falls.
• They often place stop-loss orders at the most recent swing high (for shorts) or swing low (for longs).
Smart Money exploits this predictable behavior by targeting these stop-loss orders to clear liquidity and then reversing the price direction.
Key Liquidity Concepts
• BSL (Buy-Side Liquidity): Liquidity from short positions’ stop-loss orders resting above key highs. If price touches these levels, a reversal may occur.
• SSL (Sell-Side Liquidity): Liquidity from long positions’ stop-loss orders resting below key lows. If price touches these levels, a reversal may occur.
Liquidity Sweep in Action
Liquidity sweeps follow this mechanism:
1. Price breaches a key level (either a high or a low).
2. Stop-loss orders trigger, increasing liquidity.
3. Smart Money absorbs liquidity and reverses price direction.
Understanding this concept and identifying liquidity sweeps in real-time can significantly enhance your market analysis and trading strategies. Keep an eye on these setups, as they can provide high-probability trade opportunities.
The explanation about liquidity sweeps became a bit lengthy in the middle.
Ultimately, I still see Ethereum’s current price action near the daily low as part of an ongoing liquidity removal process. If it breaks above the trendline resistance and the key level within the internal range supply zone, signaling a trend shift, we could target a move up to the range high of $4,100.
▩ Key Takeaways from This Perspective: The Method and Purpose of Liquidity Sweeps
To successfully trade the movements that follow liquidity sweeps, it’s crucial to understand that positions should not be taken during the liquidity removal process itself.
If liquidity is being swept on a higher time frame (HTF), the top-down analysis approach should be used to identify reversal price action on the middle and lower time frames (MTF, LTF) before entering a trade.
In my next analysis, I will likely discuss how to correctly follow price reversals after liquidity sweeps and how to position accordingly.
Thank you.
GOLD (XAUUSD) Under a Bullish PressureGold is starting to bounce back after a long period of decline.
There is a clear indication of buyers gaining strength with a breakout of a key resistance level.
Additionally, there is a bullish breakout of an ascending triangle formation, further supporting an upward trend.
The next potential resistance level to watch for is at 2920.
Bull/ Bear case for GOOGLE
Key Resistance Levels: $175.58, $183.04, $192.81
Key Support Levels: $168.66, $160.51, $151.55
Bull Case
Channel Support Holding: The stock is currently testing the lower trendline of a rising channel, a potential reversal point.The stock has historical demand near $168, which could act as a base for a rebound.
If GOOG holds above $168.66, a bounce toward $175.58 and $183.04 is possible.
Bear Case
The stock is trading below key moving averages, showing bearish momentum.
GOOG has failed to break recent highs and is forming a descending pattern, suggesting continued weakness.
Break of $168.66 Could Accelerate Decline: If the stock closes below $168.66, it may drop toward $160.51, with further downside to $151.55.
Which Side is GOOG Leaning Toward?
Short-Term: Slightly Bearish – The price action suggests downward momentum, but a potential bounce is possible.
Medium-Term: Bearish – Lower highs and weak momentum indicate further downside risk.
Long-Term: Bullish – The stock remains within a rising channel, but it needs to hold support at $168-$160.
Trading Strategy
Bulls: Look for a bounce near $168.66 with a stop loss at $164.38, targeting $175–$183.
Bears: Short on breakdown below $168 with a target of $160–$151.
GOLDGOLD ,after braking 2906 buyers pushed their luck into 2920 and dropped to 2914 and pushing to break that roof again ,on 1hr if that roof is broken(2920), i will be watching 2928-2933 for sell based on the daily candle rule strategy,and on 4hrs i have ascending trendline breakout which was a previous demand floor to become a supply roof in the zone of 2948.7-2957...this zone will see over 200pips drop
lets go hard for free idea.
Gold is waiting to break new highs, and the callback in late traFrom a technical perspective, the current upper 2924-2930 range has become a resistance zone for further increases in gold prices. The stability of the market bottom shape and the overall stronger trend in late trading indicate that gold prices are expected to break through this resistance in the future and set a new intraday high. At the same time, the 2912-2907 area below provides solid support for gold prices and provides a strong guarantee for the continuation of the bullish trend. Therefore, in the late trading operation, we recommend that investors mainly go long on callbacks.
Late trading operation strategy 1: It is recommended to go long in the 2918-2913 area, stop loss at 2907, and the target is 2930-2940.
Gold is about to see a waterfallToday's short-term gold operation ideas suggest that callbacks should be the main focus, and rebound shorts should be supplemented. The upper short-term focus is on the 2940-2942 first-line resistance, and the lower short-term focus is on the 2906-2910 first-line support. All friends must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operation. The specific points are based on intraday real-time
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2940-2942, stop loss 6 points, target around 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2908-2910, stop loss 6 points, target around 2920-2930, break to see 2940 line;
USDCAD Surges to 1.47979 – Bulls in Full Control! 🔥 USDCAD Surges to 1.47979 – Bulls in Full Control! 🚀
The USDCAD pair has rallied aggressively, reaching 1.47979 as bullish momentum dominates the market. With strong buying pressure and key resistance levels being tested, traders are eyeing potential breakouts or retracements. Keep an eye on market fundamentals and technical signals for the next move!
#USDCAD #ForexTrading #USDCADRally #MarketAnalysis #TradingSignals
AUDUSD BULLISH AUDUSD is currently in a bearish trend. However, a bullish divergence has formed on the RSI, signaling potential weakening of the downside momentum. I will look for a buy opportunity with a buy stop order placed above the most recent lower high (LH). The trade setup will be activated only if price breaks above the LH, confirming a possible shift in structure and validation of the divergence signal."
Optional TradingView-style Idea Title:
"AUDUSD | Watching for Bullish Reversal on RSI Divergence and LH Break"
Will gold fall again after rebounding?Gold is suppressed by the double top structure in the 4-hour period. Gold rebounded to 2905 and then fell back directly. Gold rebounded to 2905 in the afternoon and continued to go short on highs. The gold short position has just begun and there is no fear of rebound. Gold is just rebounding. Gold will go short directly after the rebound to 2905. Gold will fall as expected and be harvested first. Gold is still just a rebound and will continue to go short on the rebound. On the whole, today's short-term operation of gold suggests that shorting will be the main focus on rebounds, and longs will be supplemented by callbacks. The upper short-term focus will be on the 2903-2905 first-line resistance, and the lower short-term focus will be on the 2864-2834 first-line support. Friends, you must keep up with the rhythm. It is necessary to control the position and stop loss, set stop loss strictly, and do not resist single operations. The specific points are mainly based on real-time intraday.
Gold operation strategy reference:
Short order strategy:
Strategy 1: Short 20% of the gold position in batches near 2903-2905 when gold rebounds, stop loss 6 points, target near 2890-2875, break to see 2865 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches near 2864-2866 when gold pulls back, stop loss 6 points, target near 2875-2885, break to see 2895 line;
Can gold break through the high-level fluctuations?Gold technical analysis: Yesterday, the gold price fluctuated and rebounded all the way. Today's early trading is close to the historical high of 2940 again. So can it successfully break through 2940 and set a new historical high again? The more times a position is tested, the greater the probability of breaking. Therefore, the probability of gold prices reaching a new high is very high.
At present, the support below is mainly in the 2915-2910 area. In addition, we also know that last year’s market also tested retracements near consecutive historical highs. Then there was a retracement near 2940 on Friday last week. Today’s 2940 retracement. I don’t know if 2940 will continue to suppress the retracement in the future. But you can still try a short-term short near 2940. After all, the cost-effectiveness of the retreat here is very high. The defense is very small. The short-term retreat is considerable. Of course, this is an aggressive approach. If you are prudent, wait for the gold price to rise and then participate in the retreat. At present, the author only sees the pressure of 2955. Therefore, if it hits the 2955 line, you can do a good job of risk control and participate in the retreat.
On the whole, today's short-term operation of gold recommends mainly shorting on rebounds, supplemented by longs on callbacks. The top short-term focus is on the 2940-2942 first-line resistance, and the bottom short-term focus is on the 2905-2900 first-line support.
Short order strategy:
Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2940-2942, stop loss 6 points, target around 2930-2920, break to see 2910 line;
Long order strategy:
Strategy 2: Long 20% of the gold position in batches when it pulls back to around 2906-2910, stop loss 6 points, target around 2920-2930, break to see 2940 line;
Gold Recovers After a Sharp Drop – What’s Next?Last week was a tough one for Gold bulls, with the price dropping sharply to a low of $2,830, breaking through multiple support levels.
However, after Friday’s close back above the $2,850 zone, the market opened on Monday with a gap. Once that gap was filled, the price rebounded, breaking back above the key $2,880–$2,890 technical zone.
Furthermore, at the time of writing, Gold is trading at $2,915, nearing the next technical resistance at $2,920.
What’s Next?
✅ Bulls currently have the upper hand, and as long as the $2,890 zone holds, new all-time highs (ATHs) could be on the horizon.
✅ I'm currently out of the market, but if the price stabilizes above $2,900, buying dips should be the preferred strategy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.