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USDJPY Long Setup | Bullish Reversal from Value Area🧠 Technical Breakdown 🔹 Volume Profile Analysis High Volume Node (HVN) around 144.50–145.20 indicates strong price acceptance. Price is currently sitting on the Point of Control (POC) or near a zone with high historical transaction volume. Low Volume Area (LVA) just above this level suggests price may move upward swiftly if buyers take control. 🔹 Key Levels Entry: ~144.55 (current price where long position begins) Stop Loss: Just below 144.166 (low-volume rejection zone / support) Take Profit: ~145.183 — previous resistance level, where selling pressure appeared earlier 🔹 Structure The previous bearish correction may be coming to an end as price stabilizes at a key support cluster. The "open & close" line marks a significant balance point, with buyers stepping in to defend it. Formation of potential higher low, suggesting early signs of a bullish reversal. 🛠 Trade Setup Bias: Bullish Entry: Current price zone ~144.55 Stop Loss: Below 144.166 support Target: 145.183 (resistance) Risk:Reward: Favorable (approx. 1:2) ✅ Confluences for Long Entry Strong support zone at 144.166 High-volume accumulation zone (Volume Profile POC) Price holding above prior open/close levels Bullish rejection wicks forming at the bottom ⚠️ Watch For A break and close below 144.166 would invalidate this setup. Volatility from upcoming USD/JPY macroeconomic events — check the calendar. 🧭 Game Plan If price continues to hold above 144.366–144.50 zone and shows bullish momentum (like bullish engulfing or strong reaction candles), this setup offers a high-probability long with clean invalidation and solid upside.
Long
by PIPSPHERE_NETWORK
EUR/USD BULLISH REVERSAL SETUP FROM KEY SUPPORT ZONE CANDLE MASTER Update! chart presents a bullish trade setup based on price action and support/resistance levels. Here's a breakdown of the analysis idea: Key Observations: 1. Support Zone (Highlighted in Yellow at the Bottom): The green arrows show repeated price bounces from this support level, indicating strong demand. The latest candle suggests a rejection of lower prices, hinting at a potential upward move. 2. Resistance Zone (Upper Yellow Band): This zone previously acted as support and now functions as resistance. A break above this zone could signal bullish continuation. 3. Target Point: A projected move (shown with a blue vertical line) aligns with a prior impulse wave. Target is around the 1.1600 level, reflecting a ~2% upside move from the current price. 4. Trend Context: Price was previously in an uptrend (rising wedge pattern), followed by consolidation. The 50 EMA (red line) is above the 200 EMA (blue line), indicating medium-term bullish sentiment. 5. Trade Idea: Entry: Near the current support level (around 1.1286). Target: 1.1600. Stop-loss: Below the support zone (approx. 1.1150), where the 200 EMA also lies. This setup anticipates a breakout to the upside, driven by support holding firm and past bullish momentum.
Long
by Fxhenry22
BANK / USDT Long Trade Setup – Big Breakout Watch!🚀 BANK Breakout Alert – 100%+ Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 BSE:BANK has broken out of a massive symmetrical triangle on the 1H chart — signaling a potential continuation move after a long consolidation! ⚡📈 📌 Entry Zone: $0.0372 – $0.0390 (current breakout area) 🎯 Targets: • Target 1 → $0.0450 • Target 2 → $0.0520 • Target 3 → $0.0600 Target 4 → $0.0720 Target 5 → $0.0820 🛡 Stop Loss (SL): $0.0350 (below breakout support) 🔑 Why this setup matters: ✅ Clean breakout after long consolidation ✅ Strong bullish volume on breakout ✅ Previous breakout gave +114% move! ⚠️ Always manage your risk — breakouts can retest! 💬 What’s your target on BSE:BANK ? Drop your thoughts below! 👇👇👇
MEXC:BANKUSDTLong
by CoreCrypto1
S&P500 INTRADAY ahead of NFP, resistance at 5670The bulls are firmly in control as the S&P 500 heads for its ninth straight daily gain—the longest winning streak since 2004. Optimism is fuelled by: Expectations of Fed rate cuts due to soft economic data Hopes for renewed US-China trade talks, easing geopolitical risk Strong risk appetite, with Bitcoin nearing $100,000 and equity momentum building Key Risk Today – US Jobs Report: April Nonfarm Payrolls expected at +138K, down from March’s strong beat This is the first major labor data since new US tariffs, and could shift market expectations for Fed policy Conclusion for S&P 500 Traders: Momentum is bullish, but today’s NFP report is a key risk event. A weaker-than-expected jobs number could reinforce rate cut bets and extend the rally. A surprise beat may trigger profit-taking. Key Support and Resistance Levels Resistance Level 1: 5670 Resistance Level 2: 5740 Resistance Level 3: 5820 Support Level 1: 5440 Support Level 2: 5385 Support Level 3: 5316 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.
TRADENATION:US500
by TradeNation
ETH-----Sell around 1838, target 1750 areaTechnical analysis of ETH contract on May 2: Today, the large-cycle daily level closed with a medium-yang line yesterday, and the K-line pattern was single-yin and single-yang. The price is still consolidating at a high level. The attached indicator is running in a golden cross. The high pressure is in the 1885 area, and the low support is in the 1720 area. This is the current high and low point of the range. In addition, the trend over the weekend is likely to be mainly corrected, so try not to hold positions until the weekend for today's trading; the short-cycle hourly chart shows that the European session rose and corrected the day before, and the US session continued to break the previous high position. The current K-line pattern is continuous and negative, and the attached indicator is running in a dead cross. The trend is likely to fall during the day. Therefore, today's ETH short-term contract trading strategy: sell at the current price of 1838, stop loss in the 1858 area, and target the 1750 area;
Short
by Toml1314
right-angled descending broadening wedge (90% cases bullish)A right-angled descending broadening wedge is a bullish reversal pattern. The pattern is formed by two diverging lines, the resistance being a horizontal line and the support a bearish downward slant, so it is an inverted ascending triangle. The oscillations between the two triangle terminals are therefore becoming increasingly large. Each line must be touched at least twice to be validated. The right-angled descending broadening wedge reflects the growing nervousness of investors and also their indecision. If the chart pattern is not spotted quickly, the movements may appear totally random and thus trap many investors. The formation of this pattern has to be preceded by a bullish movement. Although one might think that this pattern is a reversal pattern because of its shape, it is more a sign of a weakness on the part of sellers beginning a bearish trend. The price objective is given by plotting the top point of the triangle at its start where it breaks out. Another technique consists in plotting the maximum height of the triangle at the break out point. Here are some statistics about a right-angled descending broadening wedge: - In 57% of cases, there is a bullish exit - In 90% of cases, the minimum objective of the pattern is achieved by using the technique of the maximum height of the triangle. In the event of a downward exit, the percentage drops to 70%. - The failure rate is 6% (i.e. a horizontal exit). - In 23% of cases, there is pullback in the case of a bullish exit and 33% in the case of a bearish exit Comments on a right-angled descending broadening wedge - Bullish exits perform better bearish exits - The movement is greater in a bullish breakout - The configurations that perform best are those that are preceded by a large movement before the triangle is formed. - Bullish breaks occur in 75% of cases in the upper third of the annual range - Pullbacks are detrimental to performance The traditional strategy: Entry: Opening a long position at the resistance break Stop loss: The stop loss is placed below the resistance Objective: Theoretical objective of the pattern Advantage: Minimum objective very often achieved (90% of cases) and pullbacks are infrequent The aggressive strategy: Entry: Opening a long position on the 3rd contact with the support line Stop loss: The stop loss is placed below the last lowest point Objective: Opposite boundary of the triangle then possibly theoretical objective of the pattern Advantage: The amplitude of the movement will be significant in the event of a bounce towards the opposite terminal. Low risk Disadvantage: Bearish exits in 37% of cases
SUSHISWAP:THORWETH_3D3F13.USDLong
by dead4586
2
Crude Oil: Weakest Setup in Recent Times | Caution Advised🛢️ Crude is showing one of the worst technical setups in recent memory. On the weekly chart , it's trading at a 4-year low , with back-to-back weekly breakdowns , indicating strong bearish momentum. 🔻 If the price breaches the recent support near $55.12 , we could see further downside in the coming weeks. This level will be crucial—holding it might trigger a bounce, but a breakdown could confirm a deeper trend shift. ⚠️ However, it’s important to remember: Crude Oil is highly sensitive to geopolitical and policy-driven moves . Technicals can break down quickly under such influences, so trade with strict risk management . 📉 I'm using the #iSparkIndicator to monitor momentum and breakdown confirmations. It’s currently showing sustained weakness with no bullish divergence yet. 📌 Key Levels to Watch : Support: $55.12 Resistance: $64.50 💬 Stay cautious and reactive—not predictive. Let the market show its hand. 🔍 Interested in the iSparkIndicator? Check my profile for more info. #CrudeOil #OilAnalysis #WTI #iSparkIndicator #TechnicalAnalysis #Commodities #SwingTrading
NYMEX:CL1!
by isparkindicator