UK100 Technical Analysis 🔹 Trend Overview:
UK100 is currently consolidating between key support and resistance levels, suggesting a potential breakout scenario.
🔹 Key Levels:
📈 Resistance: 8,727 – A breakout above this level could push price toward 8,818.
📉 Support: 8,627 – If broken, price may drop toward 8,475.
🔹 Market Structure:
✅ Price is in a range-bound phase, with a possible breakout in either direction.
🚀 Bullish scenario: Break above 8,727 → Retest → Target 8,818 → 8,912.
⚠️ Bearish scenario: Rejection at 8,727 → Drop to 8,627 → Break → Target 8,475.
🔹 Trade Idea:
Bullish above 8,727 with targets at 8,818 and 8,912.
Bearish below 8,627 with targets at 8,475.
📌 Risk Management: Wait for confirmation of breakout or rejection before entering trades.
Forexmarket
EUR USD Entry Setup 30M Timeframe🔹 Pattern: Double Bottom
🔹 Entry Condition: Wait for a clean break and retest of the neckline before entering.
No confirmation = No trade.
🔹 Higher Timeframe Context: Overall trend is bearish: this is just a pullback to the Lower High before a potential continuation of the downtrend.
⚠️ Patience is key let’s see how it plays out!
USDJPY; Heikin Ashi Trade IdeaOANDA:USDJPY
In this video, I’ll be sharing my analysis of USDJPY, using my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏
Gold sell Target SuccessfulThe chart shows Gold (XAU/USD) on a 1-hour timeframe, demonstrating a potential retracement and target completion. Below is a detailed analysis of the key points:
Key Observations:
1. FVG (Fair Value Gap):
- The FVG (Fair Value Gap) is shown in the area between 3,007.175 and 3,009.895, which represents a price imbalance. This area often acts as a support zone if the price retraces. It’s clear that the price initially moved above this FVG area before encountering a pullback.
2. Order Block:
- The order block area is located just above the FVG zone, between 3,007.510 and 3,032.000. The order block acts as a resistance level, where sellers may enter the market, causing the price to reverse. The chart shows that the price has tested this order block, but it faced resistance and is currently retreating.
3. Target:
- The target for this setup is indicated at 3,004.000. After the price fills the FVG gap and tests the order block, the price is expected to retrace further, heading toward this target level. The chart indicates that the target has been completed, which suggests the price has reached this level or is expected to do so soon.
4. Price Action:- The price initially moved upwards, testing the order block and FVG zones, but after facing rejection, it started to move downward. The bearish correction might continue towards the target at 3,004.000. This pattern suggests a retracement after resistance at the order block.
5. Volume:
- The volume bars at the bottom of the chart show higher volume during the upward move but decreased volume during the pullback. This could imply that the buying pressure is weakening, and the price is likely to continue its bearish retracement toward the target.
Potential Scenarios:
1. Bearish Continuation:
- The price is currently retreating from the order block and likely heading toward the FVG to complete the retracement. Once the price fills the FVG gap at 3,004.000, this could provide a buying opportunity for the next bullish move if support is established at this level.
2. Bullish Reversal After Target:
- If the price hits the target at 3,004.000 and finds support, a bullish reversal might occur from this level, leading to an upward move toward the order block again. A break above the order block would signal further upside potential.
3. Break of Support:
GBPUSDThe chart shows British Pound (GBP/USD) on a 4-hour timeframe, with key levels of support and resistance, and an area of Fair Value Gap (FVG). Here’s the detailed analysis:
Key Observations:
1. FVG (Fair Value Gap):
- The chart highlights two FVG zones. One is located above the current price, indicating a gap in price action that could act as a resistance level. The price has recently failed to break this upper FVG, suggesting possible selling pressure around this level.
- The second FVG zone is below the current price level, around 1.29314, which is acting as a potential support zone. This suggests that the price might retrace toward this level before continuing its movement.
2. Price Action:
- The price action shows a rejection near the upper FVG zone, leading to a potential retracement towards the lower FVG zone. This is a typical market behavior where after an initial move, the market often retraces to fill the FVG before continuing in the same direction.
- The price is currently sitting near 1.29461, which is just below the upper FVG and might act as a level of resistance. If the price holds below this level, it could continue moving downward to 1.29314.- The target is marked at 1.29314, which is just above the lower FVG zone. If the price retraces toward this level, it could find support and potentially reverse its trend to the upside.
4. Volume:
- The volume bars at the bottom show that there is decreasing volume during the upward movement and a spike in volume during the recent price pullback. This may indicate that there is increased selling pressure at the upper FVG zone, which could lead to further downside movement.
Potential Scenarios:
1. Bearish Pullback:
- The price is currently facing resistance near the upper FVG zone, and a retracement to the lower FVG zone at 1.29314 is likely. If the price tests this level and holds, it could provide a strong buy signal for the next bullish move.
2. Bullish Reversal:
- If the price retraces to 1.29314 and shows strong buying pressure (such as a bullish candlestick pattern or an increase in volume), it could continue its bullish move towards the upper FVG zone and potentially higher levels.
3. Breakdown Below Support:
- If the price fails to hold the 1.29314 support and breaks lower, it may continue its downward movement toward further support levels below 1.2900.
Conclusion:
SILVERThe chart shows Silver (XAG/USD) on a 4-hour timeframe, with clear indications of an FVG (Fair Value Gap) and a potential pullback to a key support level. Here's the detailed analysis:
Key Observations:
1. FVG (Fair Value Gap):
- The FVG zones are marked above and below the price, with the first one at the top of the chart around 33.1747. This represents an imbalance in price action that may act as a resistance zone. The price has recently tested this FVG area and failed to break through, showing a possible pullback or consolidation before moving further.
- The second FVG area below the price is situated around 32.3974, and if the price retraces, this gap could be filled, providing a potential support zone for further price movement.
2. Bullish to Bearish Transition:
- The price broke above the previous resistance, but it seems to be facing some rejection at the upper FVG. The potential move here shows the price retracing down towards the lower FVG, indicating a possible correction before the next bullish attempt.
- The chart suggests that the price might first test the upper FVG, then retreat, filling the lower FVG, before ultimately finding support around 32.3974. This would provide a solid base for the next upward movement.3. Target:
- The target is set at 32.3974, indicating that after filling the lower FVG and retracing, this is the next support level that could help the price stabilize and bounce back.
4. Volume:
- The volume at the bottom of the chart shows fluctuating buying and selling pressure, with larger bars during upward price moves. If the price pulls back to the lower FVG and sees a significant increase in buying volume, this would confirm a strong support zone and a potential continuation of the bullish trend.
Potential Scenarios:
1. Pullback Scenario:
- After testing the upper FVG around 33.1747, the price might retrace toward the lower FVG at 32.3974. If the price holds above this level and shows signs of reversal (such as a bullish candlestick pattern), it could continue its upward move. This would be an opportunity to buy at a lower price.
2. Bearish Breakdown:
- If the price fails to hold the 32.3974 support level, it could break lower and continue downward toward the next support levels. In this case, the FVG gap would have been filled, and a new trading range could be established below the current level.
3. Bullish Reversal:
BTCUSD TARGET SUCCESSFUL DONEThe chart shows Bitcoin (BTC/USD) on a 1-hour timeframe, with a bullish breakout and a clear upward movement in price. Here’s a detailed breakdown:
Key Observations:
1. Price Action & Bullish Trend:
- The price shows strong bullish momentum after breaking out of a descending channel, where it was previously moving in a downward direction.
- The chart shows a breakout above the resistance level marked by the upper blue trendline of the descending channel. After this breakout, the price surged sharply, signaling the start of an upward trend.
2. FVG (Fair Value Gap):
- The FVG (Fair Value Gap) area is marked around the 84,000 level. This gap represents an imbalance in price action, where there may have been a lack of price discovery.
- The FVG can act as a support zone. If the price retraces back toward this level, it may find support and continue the bullish movement toward the target.
3. Target:
- The target is set at 86,134, indicating the price goal for the current bullish move. After the breakout above the descending channel, the next resistance zone is at this level, which could be a key point to monitor for possible profit-taking or reversal.- If the price moves towards the target, a breakout beyond this level would signal further upside potential.
4. Volume:
- The volume has been increasing during the upward price movement, suggesting that the buying pressure is strong and that the trend may continue if the volume remains elevated.
Potential Scenarios:
1. Bullish Continuation:
- The price has recently broken out above the resistance trendline, and if it holds above the FVG zone (around 84,000), the bullish momentum could continue. The next key target is 86,134, and if this level is breached, further upside could be expected.
2. Retracement and Buy Opportunity:
- If the price retraces back toward the FVG zone at 84,000, traders may consider entering long positions, with a possible target at 86,134. A bounce off this level could provide confirmation that the bullish trend is intact.
3. Breakdown Below Support:
- If the price fails to hold above the FVG zone and breaks below 84,000, the bullish thesis may weaken, and the market may consolidate or reverse.
BTCUSD BUY NEXT MOVE 1. Bearish Reversal Scenario:
Alternative Outlook: Instead of continuing upward to the next target, Bitcoin may fail to breach the resistance and reverse downward due to a potential "bull trap."
Trigger: A rejection at or near the double-top resistance around $88,000 could initiate a sell-off toward the trendline support near $85,000 or lower.
Bearish Volume Confirmation: If there is a significant bearish divergence on indicators like RSI or MACD, it could confirm the weakening bullish momentum.
2. Range-Bound Consolidation:
Alternative Setup: BTC might get stuck in a sideways consolidation range between $85,000 (support) and $88,000 (resistance), reflecting indecision in the market.
Trigger: This could be driven by mixed macro signals (like interest rate policies, crypto market sentiment) and lack of volume to push the price strongly in either direction.
3. False Breakout (Bull Trap):
Alternative Bearish Scenario: If BTC spikes slightly above the double-top resistance (around $88,000) but fails to hold the breakout level, it could trap late buyers and drop quickly.
Trigger: A false breakout pattern often occurs with low volume on the breakout attempt followed by a sharp reversal.
Potential Drop Target: BTC may then fall toward $83,000 or even retest $82,000 as deeper support
GOLD NEXT MOVE Bullish Breakout Potential:
Alternative Scenario: Instead of the bearish move toward the lower targets, the price might break through the strong resistance (highlighted at the "double top" area).
Trigger: A strong bullish volume surge could invalidate the resistance zone, leading to an upward breakout toward a potential new high, around 3,050–3,070.
2. Support Holding Strong:
Alternative Outlook: The "Target Breakout" support level may serve as a key reversal zone, forming a higher low. If buyers defend this level aggressively, it could lead to a trend reversal back to the top of the range.
Trigger: Bullish momentum around the support could push the price back toward 3,040 and invalidate the bearish arrow projection.
3. Sideways Consolidation:
Alternative Setup: The price might remain range-bound between 3,020 and 3,040 for some time due to market indecision, as traders assess macroeconomic factors (e.g., inflation, central bank moves).
Trigger: Lack of clear bullish or bearish momentum could lead to whipsaw action, trapping both buyers and sellers.
GOLDThe chart shows Gold (XAU/USD) on a 1-hour timeframe, highlighting a bullish trend and key levels that traders should monitor. Here's a detailed breakdown:
Key Observations:
1. Bullish Momentum: The price is currently in an uptrend, with a clear bullish breakout from the support zone near 3,000.000. This upward movement shows strength, indicating that gold is in a bullish phase, heading toward a higher target.
2. FVG (Fair Value Gap): The chart marks an FVG (Fair Value Gap), an area where price imbalances occurred. This gap may act as a support area if price retraces, potentially providing buying opportunities. The FVG area is located around 3,022.790, and if the price pulls back into this zone, it could present a good opportunity for a rebound.
3. Order Block: The order block is located above the FVG zone, near 3,030.000, marking a potential resistance level. This is where price might face selling pressure. If the price struggles to break through this order block, there could be a slight pullback or consolidation before continuing the upward movement.4. Target: The target is set at 3,004.000, which is the next key level. This price level might be a point where the price could face resistance or a potential reversal if it moves too quickly toward this level.
Potential Scenarios:
1. Bullish Scenario: If price breaks the order block at 3,030.000 and continues upward, it could target the 3,004.000 level. If the bullish momentum continues, we could see further movement above 3,040.000 in the near term.
2. Bearish Reversal: If the price fails to break the order block and starts to retrace, there is a potential for a pullback to the FVG around 3,022.790. This would be an opportunity for traders to buy the dip, especially if the price holds above the FVG zone.
Conclusion:
The chart shows a bullish outlook for gold with a target at 3,004.000. Watch for the price to either break the order block for continuation of the bullish trend, or retrace back to the FVG support zone for a potential bounce. Traders should focus on these key levels and look for confirmation of price action to decide on entry points.
Deep dive into EUR/USD analysis along with GBP & JPYIn this video I go into what I'm currently looking at on the EUR/USD, GBP/USD and USD/JPY.
Leaning towards the bearish side for EUR/USD, I want to see us take out 1.0800 before I have more conviction. I will continue to cautiously hold short positions for a possible run down towards 1.0600 area or the yearly pivot zone.
Hope you enjoy this analysis.
Good Luck and Trade Safe.
BTCUSD UPWARD TREND UPCOMING READ IN CAPTIONS BULLISHThe chart shows Bitcoin (BTC/USD) on a 1-hour timeframe, displaying a clear bearish channel with an expected reversal towards higher levels. Here’s the detailed analysis:
Key Observations:
1. Bearish Channel: The price is currently inside a bearish channel marked by blue trendlines, where the price has been making lower highs and lower lows. This indicates that the current trend is bearish, but there are signs of a possible reversal at certain levels.
2. FVG (Fair Value Gap): The FVG (Fair Value Gap) zone is marked just above the support, suggesting an area of imbalance in market orders. The price is expected to fill this gap before continuing its bullish move. If the price stays above this gap, it could act as a support level.
3. Order Block: An order block is indicated at the top of the chart, suggesting that the price could potentially face resistance in this area. If the price manages to break through the resistance at this level, the bullish momentum could intensify.
4. Target: The target is set at 86,134, which is just above the current price level. If the price manages to break through the upper boundary of the channel and fill the FVG, it could move toward this target.5. Price Action: The price is currently bouncing around the FVG area, indicating that buyers may step in here, creating a potential opportunity to go long. The next step is to watch for a breakout above the resistance zone to confirm the continuation of the bullish move toward the target.
Conclusion:
The chart suggests that Bitcoin is currently in a bearish channel but could soon reverse if the price holds above the FVG zone around 84,100. A bullish breakout above the order block would likely lead to an upward movement, with the target at 86,134 in sight. Traders should monitor price action around the FVG gap and the order block for potential entry points.
Xauusd Trap to Sellers but Strong upward bullish Trend soonThe chart displays Gold (XAU/USD) on a 1-hour timeframe, showing a bullish trend with a defined upward channel. Here’s the breakdown:
1. Bullish Momentum: The price is following an upward trend within an ascending channel, indicating that the bullish momentum is strong. The target is set at 3060, suggesting that the price is expected to reach this level if the upward movement continues.
2. Order Block: The order block is identified at the top of the channel, which represents an area of significant buying interest. If the price pulls back to this order block, it could serve as a key support level and a potential area to enter long positions.
3. FVG (Fair Value Gap): An FVG zone is marked around 3043. This zone indicates an imbalance in market orders and may act as a support level for a price pullback before continuing the bullish trend. The FVG gap needs to be filled, and a price move back into this region may offer opportunities for buying.
4. Price Action: The price is currently testing an important support zone within the channel and the FVG. If the price holds above this zone, the bullish trend is likely to resume toward the target of 3060.5. Target 3060: The 3060 level is the primary target for the current bullish trend. If the price successfully breaks above the current resistance levels, the market could continue upward toward this price point.
Conclusion:
The chart shows a bullish outlook for Gold, with a potential target of 3060. Watch for a possible pullback to the FVG gap around 3043, which could provide an opportunity to enter long positions. If the price holds above this level, the bullish momentum will likely continue, reaching the 3060 target.
oil trap two seller but bullish soonThe chart shows WTI Crude Oil (CFDs) on a 1-hour timeframe, with a clear bullish momentum currently in play. Here’s a detailed breakdown:
1. Bullish Momentum: The price is rising steadily within an ascending channel, breaking above previous resistance levels. The next target is set at 68.90, suggesting continued upward movement if the trend holds.
2. FVG (Fair Value Gap): Two FVG (Fair Value Gap) zones are marked, with one occurring at 68.04. If the price closes a candle below this level, it could trigger a pullback toward filling the gap, offering a potential area for buying or a retracement before further upside movement.
3. Order Block: A strong order block is marked near 67.20, suggesting significant buying interest in this zone. This level can act as support if the price revisits it, providing further confirmation of the bullish trend if the price holds above this level.
4. Target: The next target is set at 68.90, just below the resistance zone. If the price continues its upward movement, this could be the next major point where traders expect price action to react. A breakout above this level could extend the bullish momentum further.5. Price Action & Resistance Levels: The resistance zone around 68.50 is marked as a critical level. Price has recently tested this level and could either face rejection or break higher. Traders should monitor this level closely for any signs of reversal or continuation.
Summary:
The current chart shows a bullish outlook with a target at 68.90. However, there is an FVG gap at 68.04 that could be filled if price retraces. Order blocks and previous support zones further suggest that any pullback toward these levels could provide opportunities to enter long positions before the next leg up. Monitoring 68.50 resistance and the 68.90 target will be key for traders.
all tiem high gold target 3080Double Top Resistance May Hold – The chart assumes a breakout above the double top resistance, but double tops often indicate a reversal rather than a continuation. A strong rejection from this level could lead to a bearish move instead of the projected bullish scenario.
Volume Divergence – The recent price action does not seem to show strong bullish volume compared to the previous rally. If buyers are weaker at this level, a fake breakout could trap longs before reversing downward.
Support Might Break Instead of Holding – The analysis assumes that the support zones will hold, but if price retests the nearest support and breaks below it, the entire bullish scenario could be invalidated.
Bearish Scenario Missing – The chart focuses heavily on an upward move but lacks a strong bearish alternative. If sellers step in near resistance, a drop toward lower supports (like $3,020 or lower) becomes a valid possibility.
#EURCHF 4HEURCHF (4H Timeframe) Analysis
Market Structure:
The price is currently testing a well-established trendline resistance, which has previously acted as a barrier for upward movement. Sellers have shown strong presence at this level, leading to potential downside pressure.
Forecast:
A sell opportunity may emerge if the price faces rejection at the trendline resistance and forms bearish confirmation. If the resistance holds, the market may continue its downward movement.
Key Levels to Watch:
- Entry Zone: Selling near the trendline resistance after confirmation of rejection.
- Risk Management:
- Stop Loss: Placed above the trendline resistance to minimize risk.
- Take Profit: Target lower support zones or previous swing lows.
Market Sentiment:
If the price remains below the trendline resistance, the bearish outlook stays valid. However, a breakout above this level could shift sentiment toward further bullish movement.
#USDCAD 4HUSDCAD (4H Timeframe) Analysis
Market Structure:
The price is currently trading within a well-defined downtrend channel and has reached the upper boundary, which is acting as strong resistance. Previous price action suggests that sellers have been active at this level, leading to potential bearish pressure.
Forecast:
A sell opportunity may arise if the price fails to break above the channel resistance and shows signs of rejection. If the resistance holds, further downside movement is expected within the channel structure.
Key Levels to Watch:
- Entry Zone: Consider selling near the channel resistance upon confirmation of bearish rejection.
- Risk Management:
- Stop Loss: Placed above the channel resistance to manage risk.
- Take Profit: Target lower levels within the channel, aligning with previous support zones.
Market Sentiment:
As long as the price remains within the downtrend channel and respects the resistance, the bearish trend is likely to continue. However, a breakout above the resistance may shift the market sentiment toward bullish movement.
#XAUUSD #GOLD 4HXAUUSD (4H Timeframe) Analysis
Market Structure:
Gold is currently facing resistance at a descending trendline, which has been limiting upward movement. This trendline has acted as a strong barrier, preventing the price from breaking higher. Sellers are likely to step in at this level, increasing bearish pressure.
Forecast:
A sell opportunity may arise if the price respects the trendline resistance and shows bearish confirmation signals. If the price fails to break above this level, further downside movement can be expected.
Key Levels to Watch:
- Entry Zone: Consider selling near the trendline resistance if the price shows rejection.
- Risk Management:
- Stop Loss: Placed above the trendline resistance to minimize risk.
- Take Profit: Target lower support levels where buyers may step in.
Market Sentiment:
If the trendline resistance remains intact, sellers may dominate the market, leading to a potential downward move. However, a breakout above the resistance could shift sentiment toward a bullish scenario.
BTCUSD UPWARD TARGET SUCCESSFUL DONE The chart shows Bitcoin (BTC/USD) on a 1-hour timeframe, with several key levels and trade zones highlighted:
1. Resistance: The price is currently testing a key resistance zone around 83,500 - 84,000, where price has previously faced rejection. The chart shows a series of BiBi (Break In/Buy) zones below this resistance, indicating price has bounced off those levels in the past, making them areas of interest for potential long entries if the price pulls back to those levels again.
2. BiBi Zones: Multiple BiBi zones are identified at lower levels, which are areas where price has previously bounced. The most recent BiBi zone is at 82,800, with a previous BiBi at 82,400, marking possible support levels where price may find demand and move higher.
3. Support Level: The Support Level is clearly marked at 82,400, a key level where price has reversed upward in previous moves. A break below this level could signal further downside potential, testing lower support areas.
4. Price Action: The price has recently faced a small rejection from the resistance zone around 83,500, and a BiBi zone at 82,800 is acting as support. If price holds above this support, a bullish move towards the resistance zone could be expected.
Oil bullish Trend soon read in captionThe chart shows WTI Crude Oil (CFDs) on a 1-hour timeframe, with a clear bullish trend. Here’s the detailed breakdown:
1. Bullish Momentum: The price is moving upwards within a channel, with the current price testing the upper boundary around 68.50. This level is identified as the next target, suggesting that the price may continue upward if it maintains the bullish momentum.
2. FVG (Fair Value Gap): Multiple FVG zones are marked on the chart, indicating areas where there is an imbalance in market orders. These gaps represent potential support and resistance levels:
- The first FVG zone is marked near 67.50, which can act as support if the price retraces.
- The second FVG zone near 68.04 could act as a potential gap to be filled if the price dips and closes a candle below this level.
3. Target 68.50: The next major target is set at 68.50, just below the upper resistance level. If the price breaks this resistance, it could continue moving upward. Traders should look for confirmation of bullish continuation once the price reaches this level.
OIL BUY TARGET SUCCESSFUL READ IN CAPTIONSThe chart shows WTI Crude Oil (CFDs) on a 1-hour timeframe, displaying an upward trend in a well-defined channel. Here are key observations:
1. Resistance: The price is currently testing the upper resistance zone around 67.80, with a series of pullbacks indicating a potential reversal. This resistance level has been tested multiple times, and a rejection here could lead to a further downward movement.
2. Support Level: The support level is clearly marked at 66.50, and the price has bounced multiple times from this zone. It acts as a key level to monitor for price reversals.
3. Order Block: An order block is formed around 67.20, suggesting that there is significant buying activity at this level. If the price breaks below this level, it could indicate further weakness.
4. Target: The target is set at 67.64, just below the current price action. If the price breaks below the order block at 67.20, we could expect a pullback toward this target.
5. Potential Downward Move: The price has formed a lower high around 67.50, which suggests the possibility of a bearish reversal. If the price fails to break the resistance at 67.80 and fails to hold above 67.20, it may move toward the target at 67.64.
BTCUSD UPWARD UPCOMING READ IN CAPTIONS (BULLISH) TREND SOONThe chart displays Bitcoin (BTC/USD) on a 1-hour timeframe, showing a concept of "Breaker Block" after a liquidity sweep. A breaker block is a failed order block formed when liquidity is swept. The chart highlights key points for identifying a breaker block:
1. Liquidity Sweep: A sweep of liquidity in the market before the price reversal.
2. Last Opposite Color Candle of Leg: The last candle of a different color before the reversal.
3. Failed Order Block: The block that fails to hold, indicating a reversal.
4. Market Structure Shift (ICT MSS): A shift in market structure, signifying a potential change in trend direction.
5. Inducement: A price move that induces traders to enter before a reversal.
The chart highlights areas marked SiBi (Swing In/Buy) and BiBi (Break In/Buy), which indicate possible zones where these events occur. The Resistance area is also shown as a key level for potential price rejection. Traders should look for confirmation of price action near these levels to assess the likelihood of further movement toward the Target around 84,000.