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support and resisstance 1. Resistance Retest at $2,894 - Decision Point Price has reached the $2,894 resistance zone, where it's struggling to break higher. This is a critical level—a breakout will confirm bullish momentum, while rejection could lead to a drop. 2. Symmetrical Triangle Breakout? The previous symmetrical triangle was broken bearishly, leading to a strong drop. Now, price has retested the broken trendline—this is a textbook "break & retest" scenario. 3. Possible Scenarios ✅ Bullish Breakout (If Price Closes Above $2,895) 📌 Entry: Buy above $2,900 (to confirm breakout). 🎯 Target 1: $2,910 🎯 Target 2: $2,920 🛑 Stop Loss: Below $2,885 (to avoid fakeouts). Confirmation: A strong bullish candle closing above the trendline. ❌ Bearish Rejection (If Price Fails to Break Above $2,895) 📌 Entry: Sell below $2,890 after a rejection. 🎯 Target 1: $2,877 (support zone). 🎯 Target 2: $2,865 (lower support). 🛑 Stop Loss: Above $2,900. Confirmation: A strong rejection candle (bearish engulfing, pin bar).
OANDA:XAUUSD
by hyrieyentz
1
Gold extending relief rally as expectedAs discussed throughout my yesterday's session commentary: "Quick update: Gold is Trading within Neutral waters and it is question now which side will prevail. I am in excellent position currently, Highly satisfied with my Profits without urge to Risk more on ranging market. Either #2,892.80 - #2,900.80 gets tested, or #2,852.80 benchmark. If Resistance zone rejects the Price-action, I will Sell Gold there on spot Targeting #2,852.80 benchmark once again. If however #2,900.80 gets invalidated, Short-term Bullish bias is restored." Technical analysis: Gold is currently being rejected just above the Higher High’s Upper zone trendline of the Hourly 4 chart’s Ascending Channel that started with the February #28 local Low's. Within that Channel, the Price-action (Xau-Usd Spot) always tested the Higher High's extension zone after strong local Bottom rejection, so assuming no further Fundamental news breakout (and DX doesn't make a new Low or Bond Yields (near #5-Month High’s) continue the rejection towards new Support break), I don't see why this Hourly 4 chart’s fractal won't get repeated. #2,922.80 - #2,927.80 would be a fair estimate and those who Bought Gold should start taking Profits there. If however #2,927.80 gets invalidated, that would be a Bull break-out call towards the #2,952.80 benchmark (small chances for Selling configuration then to develop subsequently). Gold is having Bullish sentiment due Trump's Tariff declaration where DX is taking strong hits with every Hourly candle and Gold benefits on the other side posing as an well known safe-haven asset. Regardless, I am expecting #3,000.80 benchmark extension on the Medium-term run, and market closing above #2,900.80 benchmark restores Short-term Bullish trend as I mentioned throughout my yesterday's session commentary. Do not expect any meaningful pullback and do not Sell Gold at all costs as long as DX is Trading on such disappointing numbers. My position: My #2,902.80 pending Buying order got triggered and is currently running in decent Profit.
TVC:GOLDLong
by goldenBear88
BTC to crash.....you've been warnedA month ago, I called this out and got a lot of flack for it! BTC has dropped below 80k and guess what, it will hit 70k soon. No one will be buying up on a losing asset even if "experts" say it will go to 200k. Maybe yes, maybe no, but one thing is for sure that you will have a massive drawdown and it could take years to recover. The strategic Crypto fund will take years to operationalize, but financial and consulting institutions which have been laying people off for years. Could be bullish, but not today esp. with the liquidity squeeze and high interest rates. Best of luck and always do your own due diligence!
Short
by antonini2002
Analysis of the latest gold trendIt opened at 2892, then tested upward, reaching a high of 2895, but then pulled back to 2978. During the European session, gold showed strong momentum and climbed all the way to a high of 2921. The current market faces a key resistance range of 2927-2931, and there is a solid support band of 2905-2897 below. From a technical perspective, gold prices have performed well in the European session after experiencing range fluctuations in the early trading session, but the upper resistance cannot be ignored. When operating at night, we should focus on the reaction of gold prices to these key points. In view of the current market situation, it is recommended to adopt a rebound-based short-selling strategy and take advantage of the callback opportunity when the gold price hits the upper resistance. At the same time, we need to remain vigilant so as to flexibly adjust the trading strategy. Es wird empfohlen, beim Rebound von 2920-2925 zu shorten, mit einem Stop-Loss bei 2932. Das Ziel liegt bei 2907-2900, der Durchbruch bei 2890.
OANDA:XAUUSDShort
by niwmniwm
EurusdHello traders! Eurusd analysis chart patterns and market reached the bottom of the channel so today my opinion by eurusd market buy and big fly very very intrested market working. if today market reached big work so my analysis follow and earn money, now market running in 1.04828 and my analysis this breakout 1.05273 if today market breakout so suddenly market focus on my target 1.06093 my target. if you are follow my chart patterns analysis so wait and check the breakout and then start trades and 99% sure signals confirm
Long
by rgmfxkiller777
BITCOIN UPDATE TODAYHere's the latest update on Bitcoin: Current Price The current price of Bitcoin is around $83,780.61, with a daily high of $93,721.37 and a daily low of $82,464.84 . Market Trends Bitcoin's price surged 10% after President Trump's Crypto Strategic Reserve announcement, with some analysts predicting a potential breakout past $100,000 ². However, others warn that the rally may be temporary due to regulatory hurdles. Key Levels - Resistance: $90,000 - $100,000 - Support: $80,000 - $83,000 News President Trump's executive order established a Crypto Strategic Reserve, which will initially include Bitcoin (BTC), Solana (SOL), Ripple (XRP), and Cardano (ADA) . This move is seen as a positive development for the cryptocurrency market.
by GrowCryptoUpdate
CADJPY BULLISH CADJPY – Potential Bullish Reversal Setup CADJPY has been in a sustained bearish trend; however, signs of a potential reversal are emerging. A bullish divergence has been identified on the RSI, signaling weakening bearish momentum. Additionally, the price has broken out of a parallel descending channel, further supporting the possibility of a trend reversal. Moreover, the structure has shifted as the previous Lower High (LH) has been broken, indicating the first sign of bullish strength. Based on this confluence of factors, I am entering a buy position immediately, anticipating further upside continuation. Key Confluences: RSI bullish divergence Breakout of the descending parallel channel Structure break of the previous Lower High (LH) Disclaimer: This analysis is for educational purposes only and not financial advice. Always manage your risk accordingly.
Long
by razashabbir218
"UK oil / Brent" Energy Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "UK oil / Brent" Energy market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry and short entry. 🏆💸Book Profits, Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!" Buy entry above 77.00 Sell Entry below 74.00 However, I recommended to place buy stop for bullish side and sell stop for bearish side. Stop Loss 🛑: -Thief SL placed at 75.30 (swing Trade Basis) for Bullish Trade -Thief SL placed at 75.70 (swing Trade Basis) for Bearish Trade Using the 2H period, the recent / nearest low or high level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: -Bullish Robbers TP 81.50 (or) Escape Before the Target -Bearish Robbers TP 71.30 (or) Escape Before the Target 📰🗞️Fundamental, Macro Economics, COT data, Sentimental Outlook: 🛢️"UK oil / Brent" Energy market is currently experiencing a Neutral trend (there is a higher chance for Bearishness)., driven by several key factors. 🔥 Fundamental Analysis The global oil market is experiencing a slight imbalance, with supply exceeding demand. OPEC has agreed to extend production cuts, which may help stabilize the market. However, US shale oil production is expected to continue growing, potentially putting downward pressure on prices. Global economic growth is expected to slow down, which may reduce demand for oil. 🔥 Macro Economics The global economy is facing headwinds, including inflation, interest rate hikes, and geopolitical tensions. This may lead to reduced demand for oil and a potential decrease in prices. 🔥 COT Data Commercial Traders: Net short 55,000 contracts Non-Commercial Traders: Net long 30,000 contracts Trend: Commercial traders are increasing their net short positions, indicating a potential bearish trend. Non-commercial traders are decreasing their net long positions, also indicating a potential bearish trend. 🔥 Sentimental Analysis 70% of client accounts are long on UKOIL, indicating a bullish sentiment among traders. However, some analysts predict a potential bearish trend due to supply and demand imbalances. 🔥 Technical Analysis The short-term trend is bearish, while the long-term trend is neutral. A head and shoulders pattern is forming, which may indicate a potential reversal. The key trading level is at 7685, 20 Day Moving Average level. 🔥 Geopolitical Analysis Middle East tensions, US-Iran relations, and global trade agreements are affecting the oil market. The conflict in Ukraine and potential sanctions on Russia may disrupt global oil supply flows. 🔥 Inventory and Storage Analysis US crude oil inventories are at average levels, indicating a balanced market. However, global oil storage levels are high, indicating a surplus of oil. 🔥 Seasonal Analysis Oil prices tend to be higher during the winter months due to increased demand. The calendar spread is in contango, indicating a surplus of oil. 🔥 News and Events Analysis The market is awaiting the Federal Reserve's crude oil data, which may shed more clarity on the near-term trend. OPEC meetings and US economic data are also expected to impact the market. 🔥 Quantitative Analysis Statistical models indicate a high probability of a price decline. Machine learning algorithms predict a potential bearish trend. 🔥 Intermarket Analysis Oil prices are highly correlated with the US dollar index. There is a divergence between oil prices and the S&P 500, indicating a potential reversal. 🔥 Overall Outlook The UKOIL market is expected to experience a bearish trend in the short term, driven by supply and demand imbalances, geopolitical tensions, and technical indicators. However, the long-term trend remains neutral, with potential for a reversal. Traders should be cautious and monitor market developments closely. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
TVC:UKOIL
by Thief_Trader
EURJPY potential bearish breakout over next few sessionsIchimoku daily and 4hr showing bearish moves. Price tested Senkou Span B at 158.492 and was swiftly rejected. Personally think this may have been a liquidity grab / stop hunt before the 3 following widespread bearish candles. There was a bear trap earlier on 28th Feb. in the Asian session which as you can see, wicked down to 154.807. After triggering the bears push price up and shook out any remaining weak hands. Look for a potential bearish breakout over the next few sessions. in term of potential targets, there is an N wave at 152.755. Ultimate target for the Sym.Tri 147.400.
Short
by NukeTrading
GBPUSD BEARISH FOR 80PIPSTechnical Indicators: A break below a key support level. Bearish candlestick patterns such as shooting stars or engulfing candles. A negative crossover in moving averages (e.g., 50-period crossing below the 200-period). RSI (Relative Strength Index) showing overbought conditions, signaling a potential reversal. Fundamental Factors: Economic data releases that are negative for the UK economy, such as poor GDP growth, disappointing employment reports, or a lower-than-expected inflation reading. Interest rate decisions or statements from the Bank of England that are dovish. Stronger-than-expected US data, such as better-than-expected non-farm payrolls, inflation, or GDP figures, which could support the US dollar. Market Sentiment: If broader risk sentiment turns negative, investors may flock to the US dollar as a safe-haven asset, putting further downward pressure on GBP/USD.
Short
by LORDOFTHETRADERS