EUR/USD Trendline Breakout + Demand Zone Rejection Price action has broken through a well-respected descending trendline after multiple rejections, signaling a potential bullish reversal. The latest structure shows a clear sweep of liquidity below the previous low, followed by a strong bullish engulfing and confirmation from a demand zone bounce.
🔹 Entry: Taken post-trendline break and bullish confirmation
🔹 Stop Loss: Placed below the recent demand zone and liquidity sweep
🔹 Target 1: 1.13581
🔹 Target 2: 1.13895
🔹 Risk-Reward: 2.52+
Volume and volatility are showing early signs of expansion, supporting the bullish outlook. Will be monitoring price reaction around 1.1350–1.1360 zone for partials.
Chart Patterns
GBPUSD short to Asia's lowGBPUSD is showing bearish sentiment. We are in a downtrend for a few days now. It may reverse today with the news but until then my bias is bearish. I am taking a short to Asian session's low. Let's see if it play's out.
I normally don't like to go against the higher timeframe trend, especially in a possible reversal zone. So if you take the same trade, use less risk.
Once the market shows signs of reversal, we can ride it back up.
GBPUSD long to last day's highGBPUSD is showing signs of reversal. The bias for me for today is bullish. It experienced a retracement to the current level and is now showing bullish candles and rejections from the liquidity area. I am targeting yesterday's highs but it could go way higher than that with NFP.
Leave your thoughts in the comments.
NASDAQ Sell idea🔸 Resistance Strong supply zone around 19,419.5–19,430 (previous high & breakout failure)
🔸 Bearish Structure If price fails to break and hold above 19,430, double top or lower high forms
🔸 Wick Rejection Multiple upper wicks near resistance could signal rejection and exhaustion
🔸 Volume Behavior Potential volume spike without follow-through → trap buyers
🔸 Momentum Divergence If momentum slows on retest of high, weakening bullish pressure
April 30 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There will be two Nasdaq indicator announcements at 9:30 and 11:00.
On the lower left, I marked the long position entry section that I entered on the 25th and 29th,
and created today's strategy based on the Nasdaq movement.
*Red finger movement path
Long position strategy
1. 94,698.2 dollar long position entry section / cut-off price when the green support line is broken
2. 95,784 dollar long position 1st target -> Good 2nd target
The 1st and 2nd sections at the top are sideways.
After the 1st touch, in the rising wave, if you enter a 94.6K long position,
the probability of the strategy succeeding increases.
If it comes down right away without touching the 1st section,
The final long position is waiting in the 2nd section, and the stop loss price is the same when the green support line is broken.
When the top section is touched, the long position re-entry utilization section and
I left a simulation with a pink finger on the upper right.
The bottom touch is a downward sideways movement
The 3rd section is the 6+12 support line where the mid-term pattern is restored.
Also, tomorrow is Labor Day,
So all countries around the world, including the US, are closed.
I also have work to do, so I will take a day off tomorrow.
I intentionally left the analysis article on the right until May 2nd.
Up to this point, please just refer to and use my analysis article,
And I hope you operate safely with the principle trading and stop loss price.
Thank you.
Crude oil 4 h time frame 🛢️ Technical Overview (WTI Crude Oil – 4H)
📐 Pattern Formation:
A double bottom pattern is clearly forming, which is a classic bullish reversal structure.
The neckline appears to be just below the $59.00 area.
A breakout above this neckline would confirm the pattern and open the door for further upside.
🎯 Measured Move Projection:
The vertical projection shows a +7.89 USD target (around 12.49% upside).
Measured from the neckline (~$59.00), the projected target is around $66.90–$67.00.
🔍 Key Levels:
Support (bottom of the pattern): ~$56.00–$56.30
Neckline/Breakout level: ~$59.00
Target zone: ~$66.90–$67.00
Resistance on the way up: ~$61.00 and ~$64.50
🧠 Outlook & Bias:
Short- to Medium-term Bias: Bullish, contingent on a confirmed breakout above the $59 neckline.
A break and close above $59.00 would activate the pattern and favor a continuation toward $66.90.
If price fails to break out and falls back below ~$56.00, the pattern is invalidated.
📌 Potential Trade Setup (Educational Only):
Entry: Break and close above $59.00
Stop Loss: Below $57.50
TP1: $61.00
TP2: $64.50
TP3: $66.90
EUR/USD – Rejection at Supply Zone! Will Bears Take Over?EUR/USD just tapped into a key supply zone at 1.13277, and the price is showing immediate rejection with a strong bearish candle — classic reaction from a liquidity area.
Technical Breakdown:
Supply Zone (Resistance): 1.13277–1.13300
Resistance Reaction: Sharp wick and red candle signal rejection
Next Support Levels:
Minor: 1.13028
Major Demand Zone: 1.12729
Price Action Insight:
This could be the beginning of a short-term correction or even a reversal if 1.13028 breaks. Sellers are clearly active above 1.1327, and a clean break below 1.1302 may open the door to revisit the 1.1272 demand area.
Bearish Scenario:
Entry: Below 1.13028
TP1: 1.12729
SL: Above 1.13300
(Use proper risk management)
Bullish Invalidated?
Unless bulls reclaim and hold above 1.1327 with strong volume, upside may be limited.
Keep an eye on:
Upcoming EUR & USD news events (marked on the chart)
Volume confirmation on breakdown
Lower timeframe structure shifts
Comment below: Do you think this rejection will lead to a deeper drop?
#EURUSD #ForexTrading #PriceAction #SupplyAndDemand #LuxAlgo #ReversalSignal #EUR #USD #TechnicalAnalysis #ForexSetup #TradingView
Silver Slips on Trade Optimism and Weak Economic Data Silver prices dropped over 1% on Thursday, slipping to around $32 per ounce, dragged by reduced safe-haven demand following Trump's optimistic remarks on potential trade deals with China, India, Japan, and South Korea.
Weak economic data further pressured prices, with the U.S. economy contracting by 0.3% and China’s manufacturing PMI falling to a 16-month low, raising concerns about industrial demand.
Today, silver is showing signs of recovery amid improved risk appetite, with the market focus on the $34.90–$35.00 resistance zone as a key technical level.
Narrow Range: $31.30 – $33.70
Wide Range: $28.50 – $34.90/35.00
Gold Slips as Trade Optimism Eases Safe-Haven Demand Gold is hovering near $3,250/oz, on track for its worst week in over two months. Signs of easing tensions, China’s openness to trade talks and Trump’s remarks on deals with India, Japan, and South Korea, have weakened gold's demand.
Adding pressure, the U.S. economy contracted in Q1, and March PCE inflation was flat. Markets now turn their attention to the upcoming non-farm payrolls report.
Technically, the $3,200-$3,210 support zone is critical.
Narrow Range: $3,180 - $3,276
Wide Range: $3,075 - $3,303
#Gold #XAUUSD #SafeHaven #TradeTalks #USChina #Inflation #PCE #NonFarmPayrolls #Commodities #MarketAnalysis #TechnicalAnalysis #GoldPrice #Forex #Investing
GBP Gains as Tariff Risk Stays LowThe British pound rose to $1.332, near its highest level since February 2022, supported by a weaker U.S. dollar. Sterling gained 3.2% in April, its best month since November 2023. The UK is seen as less exposed to U.S. tariffs, which President Trump has delayed until July. In 2024, the U.S. ran a $12 billion goods surplus with the UK, unlike its deficits with China and the EU, reducing trade risk. The pound also benefits from expectations that the Bank of England will be more cautious than others in cutting rates. Markets expect about 85 basis points of easing this year, which is in line with the Fed. Investors now await key U.S. jobs and inflation data for dollar direction.
If GBP/USD breaks above 1.3430, the next resistance levels are 1.3500 and 1.3550. Support levels are at 1.3200, followed by 1.3050 and 1.2960.
Euro Slips to $1.13 After Strong AprilThe euro dipped toward $1.13 on May 1 after a 5% April gain, as the dollar found support in Trump’s optimism about trade deals with India, Japan, South Korea, and China. Markets awaited Friday’s U.S. jobs data for Fed policy clues. The U.S. economy shrank 0.3% in Q1, partly due to import spikes ahead of expected tariffs. Meanwhile, the Eurozone grew 0.4%, driven by strong domestic demand. German inflation eased to 2.1%, though core rose slightly, while France’s annual rate held at 0.8%.
Resistance levels are seen at 1.1460, then 1.1580 and 1.1680, while support rests at 1.1260, followed by 1.1200 and 1.1150.
You don't have to TRADE all the timeQuality trade that is what you want! It is better to have a near 100% small profits in your pocket than to RISK a bigger profit that you are not quite sure of. In this case, I would not meddle with this pair.
Is Trump going to continue devalue the US dollar? We have seen how badly it has been beaten down over the last few weeks. Even so, there will be a pull back before the trend continues. And the chart tells me it could goes both way, breaking up from the rectangle or breaking down.
Both buyers and sellers are trading in a small range , I will leave it to the nibble hands to cherry pick their profits.
On hindsight, it is so easy to make comments like - just buy when it hit the support of the rectangle and sell when it hit the top side , rinse and repeat and make millions. HAHAHA.
And if you take these trades as a very small % of your total investment portfolio , just to spice things up or itchy hands or feeling lucky, whatever you call it, just not make it 100% of your time UNLESS you are really , really, really good. Charting is easy, it is managing your own emotions of greed and fear that is difficult. Somedays you feel out of whack, full of frustration and suddenly you see a setup , usually you would enter position size of 1 but this day, you hit 3x as you were feeling angry.
Lucky you, the market moves in your favour and suddenly you are arm with 3x profits and your mind starts wandering - IF only I could repeat this 2x a week each week , wow, wow. How nice ?And down the rabbit hole you go, sucked by the greatest temptation of GREED, IMPATIENCE and PRIDE.
DISCIPLINE is hard , really hard till it becomes a HABIT. If it is that easy, why would people pay for sports coaches to guide them do the things they already know. Or have someone telling you what to eat to stay healthy. Common sense is not commonly practised. That's what make us humans. And humans have its up and downs and thus trading 1-2x a week help to put the lease on your greed and steer you to the investment path instead.
If trading is that easy, why bother to take a degree, goes for interview and all these nonsense? Still believe in the guy who said he traded in his backyard and make millions ? Maybe , 1 out of a million or more so statistically it is hard. Investing in the SPX or QQQ ETF over the long terms yield better returns, allow you to sleep well and not have anxiety or depression over money.
Buy OpportunityGold is rebounding after a sharp sell-off, finding strong demand near the $3,240–$3,250 zone, which aligns with historical volume support. This aligns well with GODO’s Smart Hedging (Trap & Cover) strategy — where delayed hedges are triggered in zones of likely reversal.
🔍 Technical Snapshot
Current Price: $3,260.50
Support Zone: $3,240–$3,250
Resistance Target: $3,313
Risk: $3,241 stop level (VPOC defense)
Reward: ~$3,313 (previous structure + Fib retrace)
R:R Ratio: 2.89
Gold on Edge – Will NFP Trigger the Next Big Move?🚨 Gold at a Crossroads – Will NFP & White House Comments Trigger a Volatility Spike? ⚡
🧭 Macro Overview
Gold enters the US session with a mild rebound after a sharp selloff, following its historic climb to $3,500/oz. The recent drop was driven less by fundamentals and more by aggressive profit-taking, especially from retail flows in Asia, notably China.
Rather than a trend reversal, this correction looks like a healthy technical reset, just ahead of two major catalysts:
1️⃣ US Non-Farm Payrolls (May edition)
2️⃣ White House remarks on tariffs and trade strategy
These two factors will likely define gold’s direction heading into next week — either toward deeper support zones or a potential recovery rally into resistance.
📊 DXY & Macro Market Lens
The US Dollar Index (DXY) has bounced off its base near 98.xx, currently testing the 100.00 level. Whether the dollar strengthens further depends largely on today’s labour data and fiscal signals from Washington.
Traders should remain tactically neutral, relying on intraday timeframes like H1/H2 and respecting key price structure.
🔺 Key Resistance Levels
3,260
3,275
3,285
3,312
🔻 Key Support Levels
3,244
3,230
3,215
3,200
🎯 Trade Plan – Friday 3rd May, 2025
🔵 BUY ZONE A:
Entry: 3,232 – 3,230
SL: 3,226
TP: 3,236 → 3,240 → 3,244 → 3,248 → 3,252 → 3,256 → 3,260
🔵 BUY ZONE B:
Entry: 3,214 – 3,212
SL: 3,208
TP: 3,218 → 3,222 → 3,226 → 3,230 → 3,235 → 3,240
🔴 SELL ZONE:
Entry: 3,276 – 3,278
SL: 3,282
TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250
⚠️ Final Notes
Volatility may spike sharply during the NY session as NFP and political news collide.
This is the kind of session where traders can either capitalize massively or get caught offside — stay disciplined.
Avoid emotional entries — let price come to you, wait for confirmation, and stick to your TP/SL.
📣 Conclusion
We’re likely in a calm-before-the-storm scenario. Gold hasn’t made its real move yet — but when it does, it’ll be swift.
Prepare. Execute. Protect your capital.
USD/CHF After 14-Year Consolidation | Reversal RSI Bullish DVG!
USD/CHF Reversal Expected After 14-Year Consolidation (2011–2025) with RSI Bullish Divergence – Targeting 1980 Pips
The USD/CHF monthly chart reflects a potential **trend reversal** following a prolonged consolidation phase from 2011 to 2025**, lasting over 14 years. Throughout this period, the pair remained range-bound, reflecting market indecision. Recently, a **bullish RSI divergence** has emerged — while price made lower lows, the RSI showed higher lows — indicating weakening bearish momentum and a likely shift toward the upside.
The expected reversal projects a move of approximately **1,980 pips**, based on the width of the consolidation zone.
**Key Technical Highlights:**
* **RSI bullish divergence** signals trend exhaustion and reversal potential.
* **Volume pickup** aligns with strengthening bullish sentiment.
* Resistance zones to monitor: **0.8498, 0.8759, 0.8803**.
This is a classic example of a long-term reversal setup where RSI divergence plays a critical role in forecasting directional change after extended consolidation.
EURUSD... 2H Chat patternIt looks like you're describing a EUR/USD (Euro/US Dollar) trading setup. Here's a clearer summary of the trade you mentioned:
* *Entry Point:* 1.1312
* *Stop Loss:* 1.1290
* *First Target (TP1):* 1.1330
* *Second Target (TP2):* 1.1360
* *Final Target (TP3):* 1.1390
There are a few typos in your message:
* “1132” should likely be *1.1312*
* “gerget/garget” is likely *target*
* “1131” is unclear — possibly a typo for 1.1312, or a reference to confirmation?
If this is a long trade setup (buying EUR/USD), you're risking 22 pips to aim for 18–78 pips in profit depending on your target.