eurjpy analysis ellio. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Forexpositive
AUDUSD BUYWe have a specific type of divergence on the 1-hour timeframe ⏳, indicating a potential drop 📉 in the higher timeframe. On the other hand, the lower 15-minute timeframe 🕒 gives us a buying perspective 📈. So, the analysis will be as shown in the image.
#audusd #ForexTrading #PriceAction #ForexSignals #TradingAnalysis 💹
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.
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.
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.
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.
BTCUSD PUUL BACK Double Top Resistance Could Trigger a Reversal
The chart assumes a breakout, but a double top is typically a bearish pattern. If price gets rejected at this resistance, it could signal a strong downtrend instead of the projected bullish move.
Support Might Not Hold
The analysis assumes a bounce from support, but price recently dropped aggressively to that level. If buyers fail to hold, a break below support could push price lower toward $83,200 or even $81,200.
Bearish Volume Presence
The recent large red candles show strong selling pressure. This could indicate that sellers are in control, and any upward move might just be a bull trap before further downside.
Resistance Overhead is Strong
The resistance zone around $86,400-$87,200 is a major supply zone. Even if price moves up, sellers could aggressively step in at that level, limiting upside potential.
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.
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.
XAUUSD BUY AGAIN ALL TIEM HIGHFakeout Possibility:
The price has sharply surged, but it may be a liquidity grab before a reversal.
If buyers fail to hold above the first support zone, a deeper drop could occur.
Resistance Strength:
The resistance zones above are historically strong, making a breakout difficult.
If momentum weakens before reaching the first target, a rejection is likely.
Potential Double Top Formation:
If price retests resistance without breaking, a double top pattern could form.
This could trigger a reversal towards the lower support levels.
Volume Confirmation:
If there is decreasing bullish volume as price climbs, it may indicate a false rally.
Strong bearish volume appearing at resistance would support a reversal
USOLI NEXT MOVE ounter-Analysis (Bearish Scenario Instead of Bullish)
Rejection at Resistance Instead of Breakout
The targets assume that price will move past resistance zones at $69-$71, but resistance could hold, causing a reversal.
If sellers step in near resistance, we could see another leg downward instead of a rally.
Support Failure Instead of Bounce
The chart suggests that crude oil will bounce from support (~$66.89), but if selling pressure increases, the price could break below support instead.
A break below $65.85 (strong support) could send USOIL toward lower levels ($64 or below).
Lower High Formation Instead of Uptrend
If oil fails to break above resistance and forms a lower high, it could indicate continued bearish momentum rather than a bullish reversal.
The previous downtrend might still be intact, with this current move just being a retracement before another drop.
Fundamental Risks
Macroeconomic factors like higher interest rates, reduced demand, or increased oil supply could prevent a bullish rally.
If economic data suggests slowing growth, oil prices could struggle to push higher.
gbpaud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
"EUR/USD Bearish Breakdown – Targeting 1.0802 Support"This chart is a 30-minute timeframe analysis of EUR/USD, showing a potential bearish move.
Key Observations:
Resistance Zone (Red Highlighted Area ~1.0856)
Price attempted to break above but got rejected multiple times, indicating strong selling pressure.
Break & Retest Formation
The price has dropped below 1.0836 and is now testing this level as resistance.
This suggests a classic break-and-retest pattern, which could lead to further downside movement.
Bearish Expectation (Red Arrow & Green Zone)
The chart suggests a short position, with a target around 1.0802 (blue horizontal support).
The stop-loss is placed above 1.0856 (resistance), minimizing risk.
Trade Setup Analysis:
Entry: Below 1.0836, after confirmation of resistance hold.
Stop-Loss: Above 1.0856 (previous resistance).
Take-Profit: Around 1.0802 (support).
Risk-Reward Ratio: Favorable, as the target is significantly lower than the stop level.
Conclusion:
This is a bearish setup with expectations of further downside towards 1.0802. However, if price reclaims 1.0856, the setup might become invalid, and bulls could regain control. Let me know if you need further insights! 📉🔥
GBPUSD STRONG ANALYSIS 1. Over-Reliance on the Ascending Channel
The chart assumes price will stay within the current rising channel, but price action often breaks such structures. A bearish breakdown could invalidate this projection.
If 1.26070 support fails, we may see a larger downtrend rather than a bounce.
2. Resistance Might Be Stronger Than Expected
The 1.8060 resistance is plotted far from the current price (1.28773). Assuming such a long-term rally without testing lower levels could be overly optimistic.
Sellers may push price down near 1.2700 or lower before any meaningful bullish move.
3. Volume and Momentum Are Missing from the Analysis
There's no clear volume confirmation supporting the bullish move. If buying volume weakens, the price may consolidate instead of rallying.
RSI/MACD divergence could indicate exhaustion, leading to a bearish reversal.
4. Macro Factors Could Invalidate This Setup
The British Pound is highly sensitive to economic data (inflation, interest rates, etc.).
If upcoming news favors the USD, the GBP/USD pair could break below support levels rather than respecting the predicted bounce zones.
Possible Alternative Scenario
A false breakout above recent highs could lead to a reversal, with price targeting 1.26070 or even lower levels before finding real bullish strength
XAUUSD buy now 1. Support Adjustment:
The current support area is around 2,900, but if you want more distance, you might consider a lower range, around 2,880–2,895 for a stronger support base.
2. Resistance Adjustment:
The resistance is currently around 2,940. You could extend it further upwards, possibly in the 2,950–2,960 range, to create more distance between support and resistance.
XAUUSD TOUCHED ON MY TARGETThis chart shows Gold (XAU/USD) on a 4-hour timeframe. The price has recently dropped to a key support level near 2,880, where it found buying interest and started to reverse. There is an order block near the support level, with a potential upward move targeting 2,883. Traders may watch for confirmation of this rebound and possible continuation towards the target at 2,883.
MY analysis on Gold in 1H chart its again downwords gold xauusd is in downword we can take sell positions for some time as it almost touches the EMA200 and again going downwords .
Key Observations:
Downtrend Channel Breakout:
The price was previously in a descending channel (marked in blue).
A breakout to the upside occurred, signaling a potential reversal or retracement.
200 EMA Resistance (Blue Line at ~2897):
The price approached the 200 EMA, which is a strong dynamic resistance.
The rejection at this level (highlighted by the red arrow) suggests selling pressure.
Bearish Rejection (Yellow Circle & Red Arrow):
A wick at the 200 EMA shows that buyers attempted to push higher but faced resistance.
This could be a sign of a potential trend continuation to the downside.
Potential Downside Target (Blue & Red Zones):
A short-term support zone is marked in blue, where price might retest.
A larger support block (red zone) indicates a deeper pullback if bearish momentum continues.
Volume Increasing:
Volume is rising, which could indicate stronger price action, whether continuation or reversal.
Possible Trading Scenarios:
Bearish Case (Most Likely):
If price continues to reject the 200 EMA, it could drop toward the red support zone (~2,860-2,870).
A break below this level could lead to further downside.
Bullish Case (Less Likely):
If price reclaims the 200 EMA and holds above it, it could target the next resistance zone (~2,920).
Conclusion:
Bias: Bearish below 200 EMA unless price breaks above.
Potential Trade: Watch for a retest of the blue zone for a possible short entry targeting the red support block.
Would you like an entry/exit plan based on this setup?
OIL UPWARD BEFORE & AFTER READ IN CAPTIONSThis chart shows WTI Crude Oil (CFDs) on a 4-hour timeframe. The price is currently moving within a channel, with key support in the buy zone around 68.59 and resistance at 70.00. After a rise toward the resistance level, the price reached a high of 70.36 before pulling back. Traders may watch for another attempt to reach the target of 70.00 or monitor for a breakout above this resistance.
SILVER BIG FALL DOWN READ IN CAPTIONSThis chart shows Silver (XAG/USD) on a 1-hour timeframe, with the price currently moving toward a target of 31.5373. After hitting resistance, the price began to decline and has reached a support level around 31.17. Traders may look for a potential bounce off the support or a further drop depending on price action. The target of 31.5373 indicates a possible recovery or reversal.
BITCOIN BEFORE & AFTER READ IN CAPTIONSBitcoin (BTC/USD) on a 1-hour timeframe, where the target of 82,622 has been successfully completed. The price was moving within a downward channel, facing resistance at higher levels and bouncing off a support level. After hitting the target, the price has started to rebound, showing potential for further movement or a reversal toward higher levels.
Kingprotrader: Gold Spot (USD) 1H: Bearish Momentum
1. **Current Price & Movement:**
- Gold is trading at **2,861.880 USD**, down **0.53%** (-15.290) in the past hour.
- Short-term bearish momentum is evident, but key support/resistance levels should be monitored for trend confirmation.
2. **EMA (200, close) Analysis:**
- The listed EMA values (2,954.172 to 2,861.880) are descending, indicating a **downtrend** over the 200-period horizon.
- The current price aligns with the **200 EMA (2,861.880)**, suggesting this level is acting as **dynamic support/resistance**. A sustained break below could signal further downside, while a rebound might hint at a trend reversal.
3. **Key Levels:**
- **Immediate Support**: **2,825.000** (critical level to watch; a breach could accelerate selling pressure).
- **Upper Resistance Levels**: 2,900.000 and 2,921.335 (potential targets if price reverses upward).
5. **Conclusion:**
- **Bearish bias** dominates due to the descending EMA structure and recent price decline.
- Monitor the **200 EMA (2,861.880)** and Risk management (stop-losses) is critical due to volatility.