GBP/USD clings to gains just above 1.2600 after PCE dataGBP/USD remains positively oriented in the 1.2600 neighbourhood as the Greenback is navigating a vacillating range following the PCE inflation release.
Double Top or Bottom
BTC Scaling Strategy: Trade Like a Pro with Precision EntriesIf you’re new to trading, this guide will walk you through a scaling in and out strategy. We’ll cover:
Risk management – protecting your capital.
Entry points – how to build your position gradually.
Exit points – how to lock in profits while leaving room for further gains.
Maximising profit – using a small runner to capture additional upside.
By the end, you'll understand:
✅ How to enter trades at optimal levels
✅ How to take profits gradually
✅ How to manage risk so you don’t blow your account
BTC Market Analysis
Bitcoin has been trading in a tight range for over 100 days near the 100K mark. For 22 consecutive days, bulls have tried to break above 100K, but as the price nears this level, bears consistently rejected the move. Currently, BTC broke below our critical support level at 90K confirming a breakdown in market structure. Adding fuel to the bearish fire, Bitcoin has slipped below the weekly 21 EMA (89,503) and SMA (90,437). With the bears now in control, the critical question emerges: Where will Bitcoin find its next foothold? Let’s map the high-probability support zones and strategic entry points for the next potential long opportunity.
Using Fibonacci analysis:
Fib Speed Fan: With a low of 49K and an ATH of 109,588 (from March), the 0.618 trend line projects support between about 78K and 82K.
Anchored VWAP: When anchored from 49K, the VWAP support is around 81.7K.
Negative Fibonacci Retracement: From the ATH down to the current low at 91,231, the –0.618 level is at about 79,886.
Fib Extension & Retracement: Additional levels lie around 79,466 (1.618 extension) and 79,230 (0.5 retracement).
Moving Averages: The 233 EMA/SMA currently ranges between roughly 83K and 78.5K.
These indicators converge to form a robust support zone between approximately 83K and 78K. For a more detailed breakdown, please check my previous Bitcoin analysis, where I conducted a deeper examination.
Step 1: Understanding Risk Management (The Golden Rule)
Before placing a trade, you must decide:
📌 How much you’re willing to lose (risk per trade)
📌 Where you’ll enter and exit (never place a trade without a plan)
How Much Should You Risk?
Always risk no more than 1–2% of your total account on a single trade.
Example (for a $100K Account):
1% Risk = $1,000 max loss
2% Risk = $2,000 max loss
For this trade, we plan to risk about $1,366, which is approximately 1.37% of a $100K account. This disciplined approach protects your capital over the long run.
Step 2: Where Do We Enter the Trade? (Scaling In)
Instead of going all-in at one price, we break our $30,000 investment into 10 smaller entries and exits. This method reduces risk and often achieves a better average entry price.
💡 Why? Because no one can time the exact bottom! Spreading entries reduces risk and gets a better average entry price.
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BTC Buy (Entry) Levels
We will buy BTC as it falls from $83,050 down to $78,050 using the following allocation percentages:
Entry # Price (BTC) % of Position Amount Invested ($) BTC Acquired
1 83,050 5% $1,500 1,500 ÷ 83,050 = 0.018072
2 82,550 5% $1,500 1,500 ÷ 82,550 = 0.018181
3 82,050 5% $1,500 1,500 ÷ 82,050 = 0.018278
4 81,550 8% $2,400 2,400 ÷ 81,550 = 0.029430
5 81,050 8% $2,400 2,400 ÷ 81,050 = 0.029606
6 80,550 10% $3,000 3,000 ÷ 80,550 = 0.037234
7 80,050 12% $3,600 3,600 ÷ 80,050 = 0.044974
8 79,550 12% $3,600 3,600 ÷ 79,550 = 0.045275
9 79,050 15% $4,500 4,500 ÷ 79,050 = 0.056956
10 78,050 20% $6,000 6,000 ÷ 78,050 = 0.076352
Total Investment: $30,000
Total BTC Acquired:
0.018072 + 0.018181 + 0.018278 + 0.029430 + 0.029606 + 0.037234 + 0.044974 + 0.045275 + 0.056956 + 0.076352 ≈ 0.37436 BTC
Average Entry Price: $80,150
Stop Loss: Set at $76,500
Risk per BTC: $80,150 – $76,500 = $3,650
Total Risk: 0.37436 BTC × $3,650 ≈ $1,366 (~1.37% of $100K)
Step 3: Where Do We Exit the Trade? (Scaling Out)
We exit gradually as BTC rises between $86,950 and $91,450. The exit percentages are as follows:
Exit # Price (BTC) % of Position BTC Sold Proceeds ($)
1 86,950 5% 0.018718 0.018718 × 86,950 = $1,628.10
2 87,450 5% 0.018718 0.018718 × 87,450 = $1,637.03
3 87,950 8% 0.029949 0.029949 × 87,950 = $2,638.15
4 88,450 12% 0.044924 0.044924 × 88,450 = $3,976.39
5 88,950 14% 0.052420 0.052420 × 88,950 = $4,664.19
6 89,450 14% 0.052420 0.052420 × 89,450 = $4,691.19
7 89,950 12% 0.044924 0.044924 × 89,950 = $4,047.12
8 90,450 10% 0.037436 0.037436 × 90,450 = $3,388.20
9 90,950 5% 0.018718 0.018718 × 90,950 = $1,705.71
10 91,450 15% 0.056154 0.056154 × 91,450 = $5,137.68
Total BTC Sold: 0.018718×3 + 0.029949 + 0.044924×2 + 0.052420×2 + 0.037436 + 0.056154 = 0.374381 BTC (matches our total acquired ~0.37436 BTC)≈ $33,488.26
Profit on the Trade: Total Proceeds – Total Investment = $33,488.26 – $30,000 = +$3,488.26
Return on the Trade:
$3,488.26/$30,000×100≈11.63%
On Overall Account: For a $100K account, $3,488 represents a gain of about 3.49% if fully realised on this trade.
Risk-to-Reward Ratio: Risk = $1,366; Reward = $3,488; Ratio ≈ $3,488 / $1,366 ≈ 2.55:1
Step 4: Profit & Risk Summary
Metric – Per Trade - Based on $100K Account
Total Investment - $30,000 - $30,000 (30%)
Risk (Stop Loss) - $1,366 (4.6%) - $1,366(1.37%)
Profit (Closed) - $3,488 (11.63%) - $3,488 (3.49%)
Profit + Runner - $4,311.18 (14.37%) - $4,311.18 (4.31%)
Risk-to-Reward Ratio Calculation:
If Stop Loss Hits ($76,500):
Average Entry Price: $80,150
Loss per BTC: $80,150 – $76,500 = $3,650
Total Risk: 0.37436 BTC × $3,650 ≈ $1,366 (1.37% of a $100K account)
If BTC Reaches Our Exit Targets:
Total Proceeds: ≈ $33,488
Profit: $33,488 – $30,000 = $3,488
Profit Percentage on Trade: ~11.63%
Overall Account Impact: ~3.49% gain on a $100K account
Risk-to-Reward Ratio: ~2.55:1
Step 5: The Power of Scaling In & Out
Capital Protection: You risk only about $1,366 (1.37% of a $100K account), protecting your capital even during a series of losses.
Optimised Entry: Scaling in from $83,050 to $78,050 yields an average entry of about $80,150—significantly lower than the top price.
Profit Locking: Scaling out from $86,950 to $91,450 allows you to lock in profits at multiple levels, ensuring you capture gains along the way.
Healthy R:R: With a risk-to-reward ratio of approximately 2.55:1, your potential reward significantly outweighs your risk.
Discipline & Consistency: This structured approach minimises emotional trading and helps you stick to your plan.
Optional Note: While this guide fully closes the trade, leaving a small portion (15%) open (runner) is an option if BTC continues to rally.
Step 6: Final Pre-Trade Checklist
🔹 Support & Resistance: Is BTC trading near a strong support zone?
🔹 Technical Indicators: Is BTC holding above key moving averages (e.g., 21 EMA/SMA)?
🔹 Risk Management: Are you only risking 1–2% of your total account?
🔹 Trade Plan: Are you scaling in and out instead of going all-in? Are your entry levels and exit levels clearly defined?
🔹 Market Confirmation: Do volume, candlestick patterns, and order flow support your trade setup?
Conclusion
✅ We protect our money by limiting risk
✅ We enter trades gradually (scaling in)
✅ We take profits at multiple levels (scaling out)
✅ We fully close the trade or leave some BTC open to ride the trend higher
Final Tips:
Common Mistakes to Avoid
👉 Overleveraging – 10x leverage + 2% risk = 20% account risk!
👉 Ignoring Volatility – Tight stops on Bitcoin often trigger early exits.
👉 Never trade based on emotions. Stick to your plan, adhere strictly to your risk management rules, and let your disciplined strategy work in your favour.
Price at a Crossroads: Will It Break or Drop?After a strong breakout from a falling wedge and handle pattern on Wednesday, Nov 6, 2024, price surged to an All-Time High of 109,358.01. However, a retracement followed, with the formation of a double top pattern leading to a breakdown below the neckline at 91,809.11, sending prices tumbling to 78,167.81, perfectly aligning with the golden ratio (50% Fibonacci level).
From there, buyers stepped in, pushing the price back up to the 38.2% Fibonacci level, but strong resistance led to two rejections and the formation of three consecutive doji candles, signalling market indecision.
What’s Next?
🔹 Bullish Scenario: A breakout above 38.2% could lead to a neckline retest 91,809.11.
🔹 Bearish Scenario: If rejection holds, the double top projection targets is 74,279.20, with further downside towards 61.8% or 66%, aligning with the daily trendline.
📢 Risk Management Reminder:
The market is at a critical level—manage your risk wisely! Set stop losses, use proper position sizing, and avoid over-leveraging. Patience and discipline are key!
Gold plummeted more than 100 points, looking at the 2830 lineGold bearish trend, have you seen the power of trend in the past two days? Are you waiting for a rebound or are you buying the bottom? We have been emphasizing that the weaker the gold bearish trend, the stronger the trend of gold. If it rebounds too much, the trend may end and turn to shock again. Gold is short at 2860. Gold in the US market has broken a new low. It is recommended to try to bet on a long position at 2830. If it rebounds, it can go up to 2850! !
I always believe that profit is the standard for measuring strength. Others have already rushed on the road to wealth, but you are still hesitating at the intersection? Remember, hesitation will lead to failure. Follow my pace and wealth will surely roll in. Want to find me? Then click at the bottom of the article, it will give you the answer!!!
GBP/JPY Sell Alert: Double Top Confirmation & Bearish Trend 📉 GBP/JPY Sell Trade Analysis
**Trade Setup Details:**
- **Sell Entry:** **189.500**
- **Stop Loss:** **Above 190.300**
- **Take Profit Targets:**
- **TP1:** **189.000** (+50 pips)
- **TP2:** **188.600** (+90 pips)
- **TP3:** **188.300** (final target, +120 pips)
- **Resistance Level:** **189.900**
#### **Technical Analysis Breakdown:**
1. **Double Top Pattern at 190.300:**
- This is a **bearish reversal pattern**, meaning the price tried to break above **190.300** twice but failed.
- It confirms a potential downtrend as sellers step in.
2. **EMA50 Trend Confirmation:**
- The price is moving **below EMA50**, which signals a strong **bearish trend**.
- This supports the idea that sellers are in control.
3. **Resistance Level at 189.900:**
- If price retests this level and **fails to break above**, it confirms further downside potential.
- If price **breaks above 190.300**, it invalidates the sell setup, and **risk management must be applied**.
#### ** Risk Management & Trade Execution:* *
- **Stop Loss Placement:** Above **190.300**, which is the double top resistance. If price breaks above this level, it indicates bullish momentum.
- **Risk-to-Reward Ratio (RRR):**
- TP1: **1:1** (Risk 50 pips for 50 pips gain)
- TP2: **1:1.8** (Risk 50 pips for 90 pips gain)
- TP3: **1:2.4** (Risk 50 pips for 120 pips gain)
### **Conclusion:**
This sell trade is based on a strong **bearish double top pattern** and **EMA50 trend confirmation**. The **189.900 resistance level** is key—if the price stays below it, the trade remains valid. However, if price **breaks 190.300**, it invalidates the setup, and stop-loss protection should be used.
**📊 Monitor price action, stick to your plan, and manage risk carefully!** 🚀🔥
BITCOIN (BTCUSD): Time For Correction
Bitcoin looks bearish after a bullish rally on the weekend.
The price reached a significant daily resistance and now is going to retrace.
Goals: 90000 / 88000
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LKQ Corporation Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# LKQ Corporation Stock Quote
- Double Formation
* Trendline 1&2 | Completed Survey | Subdivision 1
* A+ Set Up)) | 1.618 Area & Entry Bias Set Up
- Triple Formation
* Pattern Confirmation & Reversal Entry | Subdivision 2
* (Forecast | Template & Long Position) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* Ongoing Entry
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Kogan.com Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Kogan.com Ltd Stock Quote
- Double Formation
* (Area Of Value)) At 4.800 AUD | Completed Survey
* 1st Retracement Area | Entry Feature & Short Support | Subdivision 1
- Triple Formation
* Forecast | Template & Long Position) | Subdivision 2
* 2nd Retracement Area | Support & Resistance | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Continuation Sell Off EURUSD : 1.3600LO open Asia Hi grab
HOD RailRoad ( M3 Double Top)
Shift Confirmed with Delta
HTF Breakout
Cholamandalam: Bouncing Back After Correction?Cholamandalam Investment & Finance Company has been recovering after a period of decline. The price had fallen around 14% from its highest level in the past year but recently showed signs of regaining strength.
A rounded formation can be seen where the stock gradually stopped falling and then started moving up again. Currently, it is trading around ₹1,414, which is near a key level where it has faced some resistance before.
The overall trend in the past year has been a mix of strong upward movement, followed by a correction, and now a possible attempt to regain lost ground. The next few weeks will determine if the price continues to hold this momentum.
Disclaimer
"Not SEBI registered. This is for educational purposes only, not financial advice. Do your own research before investing."
#StockMarket, #Trading, #Investment, #TechnicalAnalysis, #ChartPatterns, #StockMarketIndia, #PriceAction, #MovingAverages, #SupportAndResistance, #SwingTrading, #NSE, #BSE, #FERMENTABiotech, #VolumeAnalysis, #TrendReversal, #StockMarketEducation, #FinancialMarkets, #IndianStockMarket, #WealthBuilding
Bitcoin is Dead for upcoming Weeks soon 92K will break and DumpWe are looking for next phase dump here as soon as possible major support which is 93K$ support zone had about 7 touches and soon this support will not be able to handle and pump the price any more because buyers are getting weaker and also less each time and also after that major fall will start and we may have targets like 80K$ or even 73K$.
Also remember double top on daily will be complete after breakout of neckline which is 93K$ breakout.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
HOOKUSDT Breakdown Incoming? Key Signals Point to Bearish Move!Yello, Paradisers! Is HOOKUSDT gearing up for a major drop? The current structure suggests a strong probability for further downside as the price follows a triple three-wave pattern within a descending channel.
💎HOOKUSDT recently faced strong resistance from multiple confluences: 50 EMA rejection, Key resistance zone, Descending channel’s trendline, Formation of an "M" pattern. These factors increase the likelihood of a wave Z move downward. However, for confirmation, we need a clear breakdown of the support level with a candle close below it and high volume.
💎The broader crypto market also leans bearish, but waiting for the actual breakdown will further strengthen our probability of a successful trade.
💎Invalidation? If the price bounces and closes candle above the resistance zone, the bearish outlook gets invalidated. In that case, it’s smarter to stay patient and wait for a stronger setup.
🎖 Discipline and patience are key, Paradisers! The market always rewards those who wait for the highest-probability trades. Stay sharp!
MyCryptoParadise
iFeel the success🌴
$BTC Trading Idea – Short-Term BounceCRYPTOCAP:BTC Trading Idea – Short-Term Bounce
Pattern: #BTC is forming a double bottom, indicating a potential trend reversal.
RSI Divergence: Clear bullish divergence on RSI confirms buying momentum.
Target Levels:
First target: $89,000
Second target: $91,000
Third target: $93,500
Outlook: Expecting a short-term bounce before a potential correction. Monitoring price action closely for confirmation.
This setup suggests a high-probability move to the upside in the near term.
Bitcoin cooked?Currently still in a uptrend on the long term charts, however it is looking increasingly likely that it may have peaked this cycle. First support incoming at around $79k, major support at around $58.5k. If these don’t hold then it will surely be crypto winter.
ETH/USD - Technicals and Fear Index Point to Upside!Welcome to another Wolf of Blockstreet analysis where I take a look on ETH/USD!
On the weekly timeframe, we can observe a significant market structure since the last low in September 2024. ETH in 2024 underwent an ABC correction into a strong support zone, followed by a massive wick up. This was followed by two bullish weeks, establishing a higher high, and then a wick fill down that set up a double bottom pattern.
This could be happening again. Additionally, we see a long-term support trendline in play here, reinforcing the bullish setup.
At the same time, the Fear and Greed Index is at a historically low level, signaling extreme fear in the market. As of February 27, 2025, the index stands at 10, which is even lower than the fear levels seen during the FTX crash in November 2022.
Historically, extreme fear in the market has often represented one of the best times to buy, as it tends to be followed by a recovery and upward movement in prices. The double bottom pattern on ETH/USD, combined with the extreme fear indicated by the Fear and Greed Index, could signal a potential reversal to the upside.
My key area to look for long-term buying opportunities lies in the $2000-$2200 range. This zone provides strong support and could serve as an ideal entry point for those looking to accumulate ETH for the long run. However, this idea would become invalid if we see a weekly candle close below this range, indicating a potential shift in market dynamics.
While both the technical analysis and market sentiment suggest a bullish reversal could be on the horizon, we need to see confirmation here and the cryptocurrency market remains highly volatile. Investors should conduct thorough research and be aware of the inherent risks before making any trading decisions.
For more updates you can follow me on X: @PuppyNakamoto
USOIL BUY!!!hello friends
As you can see, this chart is very, very patternable.
Now, with the floor construction that we expect from it, the growth to the resistance areas has been determined.
*Trade safely with us*
XAUUSD: Is there a bottom reversal opportunity coming soon?
Overnight gold prices once again rebounded from the lowest position.
The lowest touched 2900.
There were a lot of data news released in the early morning.
This gave gold prices a certain degree of rebound opportunities.
The highest impact reached 2930,
but then it fell sharply, the lowest to 2905.
It has now returned to the normal level of 2914.
From the big trend. The long-short conversion has become a foregone conclusion.
The operation suggestion is to sell high. Of course, if the sudden news distorts the market trend, there is an exception.
Gold prices continued to fall again following my instructions, reaching a minimum of 2890, forming a double bottom structure at the bottom. There are currently no major factors driving gold prices down in terms of news. Therefore, the current pullback is just a correction, so there is a probability of a sharp rebound after the double bottom support. Focus on the rebound range of 2900-2912. Operation suggestions: Mainly long.
BTCUSDT Futures Pick your poison! So long as 84.5k holds I believe we back test the upper CME gap at 93.6k to reject and fill the lower gap. With that being said I believe we head lowerhave short TP's set at 72, 68 and 62k. This matches my usdt.d analysis over the past few weeks since 107k
Bearish Divergence on the weekly chart !Hello Traders 🐺,
Over the past few days, we've witnessed a massive market dump. Interestingly, just one day before BTC's drop, I published an idea predicting the downturn, yet it received the lowest engagement I've ever had! Why? Because most people were expecting a continuous pump. But here's the truth: even in a bull market, price corrections are inevitable — that's how the market functions. 📉
So, if you want to stay ahead of the game and not miss the next big move, make sure you're following me for more insights! 🚀
Despite the recent dump, I still believe that Altcoins are about to experience a massive pump. But why?
As you can see in the chart, there's a significant bearish divergence on the weekly time frame. And as many of you know, the higher the time frame, the more reliable the signals, so a bearish divergence on the weekly is something we can really count on.
Secondly, we have a double top formation near a key resistance zone, which is a strong indication that a reversal could be near. Thirdly, we’re seeing a rising wedge pattern, which is another bearish sign.
So, in my opinion, all these factors together strongly suggest that we’re about to witness a major correction in the BTC.D chart — and a huge pump in the Altcoin market! 🚀
🐺 Stay sharp, trade smart! – KIU_COIN 🐺
Is SNXUSDT About to Make a Big Move? Yello, Paradisers! SNXUSDT has shown an ideal retracement, setting up a high probability for a bullish bounce from the current support zone.
💎There’s potential for a W-pattern formation here. If the price successfully breaks out and closes candle above the resistance level, this would significantly increase the likelihood of a bullish continuation.
💎However, while a bullish move is possible, the probability at this stage is relatively low, making it a scenario worth watching but not acting on just yet.
💎If panic selling or a deeper retracement occurs, the strong support zone below may offer a favorable bounce. To increase confidence in this setup, we need to see a bullish I-CHoCH (internal change of character) on lower timeframes.
💎On the flip side, if SNXUSDT breaks down and closes candle below the strong support zone, the bullish thesis will be invalidated. In that case, it’s best to remain patient and wait for more favorable price action to develop.
🎖Always remember, Paradisers, discipline and patience are the keys to consistent profitability. Avoid making emotional decisions and stick to your strategy. The market rewards the patient!
MyCryptoParadise
iFeel the success🌴
CRUDE OIL (WTI): Waiting For a Signal to Buy
WTI Crude Oil is stuck on a major rising trend line on a daily.
To buy the market with a confirmation, I am waiting for a bullish
breakout of an intraday 4H resistance.
4H candle close above 69.3 will be a strong bullish signal.
A bullish continuation will be expected at least to 69.9 level then.
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Breakthrough from wedgeTripple top forming within the wedge. Breakthrough on the downside. Continuation long-trend. Take profit at 3 %. (For entertainment purposes only).
Bitcoin on strong supportIf we check the daily 200MA (red momentum ) and we calculate the double top target, they give us 80 - 82k for bitcoin as the strong support. but we still need to close weekly candle above 92k
