GBP/USD...1h Chart pattren..My GBP/USD buy signal looks promising. Here's a breakdown:
*Key Points*
1. *Entry Price*: 1.33150
2. *Targets*:
- Target 1: 1.33800
- Target 2: 1.34180
3. *Trend*: Bullish breakout from trendline resistance, indicating potential upward momentum.
*Considerations*
1. *Confirmation*: Ensure the breakout is confirmed with strong volume and a decisive close above the trendline resistance.
2. *Risk Management*: Set a stop loss below the recent support level or trendline to limit potential losses.
3. *Market Sentiment*: Keep an eye on economic news and events that could impact the GBP/USD pair, such as interest rate decisions or economic indicators.
*Next Steps*
- *Monitor the Trade*: Keep a close watch on the trade and adjust your stop loss and take profit levels as the price moves in your favor.
- *Additional Analysis*: Consider using other technical indicators or chart patterns to further validate the trade setup.
Would you like to discuss more about incorporating additional technical indicators or how to handle potential market-moving news?
Chart Patterns
Bullish bounce for the Fiber?The price is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 1.1270
1st Support: 1.1141
1st Resistance: 1.1427
Risk Warning:
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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.
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NAS100USD: Bearish Continuation Likely After Liquidity GrabGreetings Traders!
As we transition into the New York session, increased market volatility is expected. Currently, NAS100USD is showing signs of potential further bearish continuation. This outlook is supported by a draw on liquidity toward downside liquidity pools and a notable inefficiency—an unfilled gap left earlier in the week.
Key Observations:
1. Unfilled Gap – A Draw on Liquidity:
The market has left behind an inefficiency in the form of a price gap, which typically acts as a magnet for price. Although such inefficiencies are not always filled immediately, they often become targets for future price movement as the market seeks balance.
2. Reclaimed Order Block Breach – Engineered Liquidity:
Price has recently broken below a reclaimed order block that was serving as a temporary resistance zone. This indicates that the market was hunting for liquidity at a relatively premium price—above a key resistance level. The presence of relatively equal highs in this area further supports the notion that this was an engineered liquidity zone.
Engineered liquidity refers to zones designed by smart money to entice retail participation. Once sufficient liquidity is gathered, institutions then drive price through these zones to execute large sell orders at a premium.
3. Downside Targets – Liquidity Pools and Gaps:
With resistance now confirmed as engineered liquidity, smart money is likely to shift focus to the downside. Key targets include liquidity pools at lower price levels and the aforementioned inefficiency, which represents an area of fair value—ideal for profit-taking and potential continuation of institutional selling.
Trading Strategy:
Monitor price for confirmation within any short-term retracements. Selling opportunities aligned with institutional intent may present themselves as price gravitates toward the inefficiency and deeper liquidity zones.
Stay focused, remain patient, and ensure all trades align with your trading plan.
Kind Regards,
The Architect
EURUSD Will Go Lower! Sell!
Please, check our technical outlook for EURUSD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.137.
Considering the today's price action, probabilities will be high to see a movement to 1.129.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DAX: Bears Are Winning! Short!
My dear friends,
Today we will analyse DAX together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 21,899.19 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 21,455.49..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
usdcad buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DeGRAM | EURUSD Holding in the Demand Zone📊 Technical Analysis
EUR/USD is still capped by $1.16 and has slipped back under its trend-line, keeping bearish divergence alive; sub-1.145 trade leaves $1.134 then $1.12 exposed.
💡 Fundamental Analysis
Euro-area confidence and PMI hover near stagnation amid fresh U.S. tariff threats.
U.S. payrolls jumped 228 k in Mar, and Fed officials favour steady rates, keeping yields and USD firm.
✨ Summary
Eurozone softness versus robust U.S. data widens policy divergence, aligning with the technical rejection at $1.16. A daily close below $1.134 should quicken a slide toward $1.12.
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NZD_CAD RESISTANCE AHEAD|SHORT|
✅NZD_CAD is going up to retest
A horizontal resistance of 0.8350
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 0.8275
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.
Big Pop Could Come Here Where we're most likely to be in the general trend structure now is fairly subjective. We came up off the butterfly support mentioned previous which is a great start for the bull move but we're also still well inside of bull trap territory.
If we have a low or a bull trap forming, should be a big spike here.
GOLD ( XAU:USD) : Potential Bearish Pennant + Correction WaveGood morning, traders.
Please note, this is Not Financial Advice (NFA) —always conduct your own research and risk management.
1. Technical Analysis
We are currently observing the formation of a potential bearish pennant, with price action consolidating between converging trendlines. This formation appears to align closely with the Elliott Wave correction structure, particularly within the A-B leg. The apex of the pennant lies just after wave (B), suggesting a potential breakdown into wave (C), completing the corrective sequence.
Should this pattern confirm, we could anticipate a continuation of the downward movement, targeting deeper support zones in line with previous wave (4) levels.
2. Trend Structure
Wave (5) appears to have completed, initiating the A-B-C correction.
The corrective leg A → B is now complete, with price action consolidating near the upper resistance of the pennant.
A breakdown below the lower support trendline could confirm wave C in motion, reinforcing the bearish outlook.
3.) Macro Environment & Market Sentiment
Recent developments from the U.S. administration have introduced uncertainty in macroeconomic policy:
Tariffs:
Former President Donald Trump has hinted at a potential rollback of the 145% tariffs on Chinese goods, acknowledging their long-term unsustainability. Treasury Secretary Scott Bessent clarified that any changes would be part of bilateral negotiations and not unilateral actions. Major U.S. retailers have raised concerns over ongoing supply chain disruptions, adding pressure to de-escalate trade tensions. However, Trump insists tariffs won’t be eliminated completely, signaling no immediate resolution.
Federal Reserve Leadership:
Trump also walked back earlier statements threatening to dismiss Federal Reserve Chair Jerome Powell, now affirming that Powell will serve out his term until May 2026 . While this move has slightly calmed markets, Trump continues to pressure the Fed to lower interest rates amid persistent inflationary concerns. Although this softening stance introduces a degree of stability, the underlying tension between fiscal and monetary authorities remains.
POL (MATIC) Falling Channel BreakoutBINANCE:POLUSDT is attempting a breakout from a nearly 6-months long falling channel. A daily close above the resistance would offer confirmation.
Watch for a potential retest of the resistance as support, as the overbought Daily RSI could signal an imminent pullback.
Key Levels
Aside from the support, these are all good candidates for partial TPs.
• $0.15-$0.17: Bull order block and current support
• $0.30: Previous S/R, 0.236 fib of the move down, and HVN. Will likely offer resistance.
• $0.53: Previous S/R, and 0.618 fib of the move down.
• $0.66-$0.77: Main supply zone, and December 2024 high.
USD/CHF Rebounds from Multi-Year LowUSD/CHF Rebounds from Multi-Year Low
As the charts show, the USD/CHF exchange rate fell below 0.810 US dollars per franc earlier this week. The pair had not traded this low since the 2008 financial crisis. Demand for the Swiss franc as a safe-haven currency was driven by concerns over the escalation of the trade war between the United States and other major economies.
However, the USD/CHF pair has since rebounded and is currently trading above 0.825. This recovery was supported by yesterday’s statement from Finance Minister Bessent at the JPMorgan Private Investors Conference, where he expressed optimism about imminent de-escalation in trade tensions with China.
Technical Analysis of the USD/CHF Chart
The chart indicates that the trend remains bearish, highlighted by the descending channel marked in red. A bullish attempt to push the price into the upper half of the channel earlier this morning (as shown by the arrow) failed to produce any significant momentum.
The price is fluctuating around the median line, a level where supply and demand tend to balance. It is possible that the market has already priced in the positive news from yesterday, and the bears may attempt to reassert pressure, driving the price back towards the 0.810 support level.
Nevertheless, much will depend on the fundamental backdrop. A stronger dollar could follow in response to possible developments such as:
→ a statement from China signalling readiness to de-escalate its tariff policy;
→ signs of progress in trade deals between the United States and key partners such as Japan, South Korea, and India.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
YFIUSD 1W updateOk. If historic trend pattern continues....would expect sideways movement between low 4k and mid 5k with possible spike to 10k-ish possible (6-7 months based on past performance?) in the mean time. Would consider entry points below 5K to be reasonable to HOLD for long term profit taking as low 4K support trendline appears to be intact with multiple bounces since June 2022.
If this repeating descending triangle pattern plays out overtime, once again, a spike to 14K or above is a reasonable long term (12 to 16 months) outlook.
Will follow....
Good luck traders!
USD/CAD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are now examining the USD/CAD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.387 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Hanzo | Nas100 15 min Breaks – Will Confirm the Next Move🆚 Nas100 – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
——————
💯 Main Focus: Bullish Breakout at 18880
We are watching this zone closely.
💯 Main Focus: Bearish Breakout at 18510
We are watching this zone closely.
📌 If price breaks with high volume, it confirms Smart Money is in control, and a strong move may follow.
———
Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 19050
• Liquidity Grab + CHoCH at 18500
• Strong Rejections seen at:
➗ 18500 – Major support / Key level
➗ 18900 – Proven resistance
🩸 Key Zones to Watch:
• 18500 – 🔥 Bullish breakout level X 4 Swing Retest
• 18900 – Strong resistance (tested 6 times)
• 18500 – Equal lows
• 19050 – Equal highs
Hanzo | Nas100 15 min Breaks – Will Confirm the Next Move
Is gold rising or falling?In 1 hour, after gold price fell below the two key positions of 3356 and 3285 today, the support moved down to around 3245. Although there was a rebound in the US market, it is likely to go to the range of 3228 to 3245 before rebounding, so the support references are 3260 and 3245; the end of the market is bearish, and the steady operation is to enter short orders near 3320 to protect the area near 3330. Of course, you can enter short orders near 3310 to see if it can reach the range of 3260 to 3245. On the whole, today's short-term operation strategy for gold is mainly to short on rebounds, and to go long on pullbacks.
Short order strategy; short gold rebounds near 3313-3315 in batches, with a target of around 3280-3270, and a break to see the 3260 line;