Thu 1st May 2025 GBP/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/USD Sell. Enjoy the day all. Cheers. Jim
Forextrading
Thu 1st May 2025 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. Enjoy the day all. Cheers. Jim
EURUSD: Small bounce followed by a strong sell-off.EURUSD is bullish on its 1D technical outlook (RSI = 59.681, MACD = 0.0130, ADX = 48.626) but has turned sideways since the April 21st High with the 1D RSI getting rejected on March's Resistance back to the HL trendline. As you see this is roughly the same pattern as August 2024. After the RSI hit the HL trendline it pushed the price upwards back to the recent High only to get rejected heavily to the S1 level. Consequently, we are waiting for that rejection to be confirmed and take the short to the March 26th S1 level (TP = 1.07500).
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BTCUSD (BTC/USD) highlights a consolidation phase within clearly defined support and resistance zones, with price currently poised for a potential move upward.
Key Technical Zones:
- Resistance Area: Around 95,576, which has been tested multiple times with rejections—indicating strong supply.
- Support Level: Strong buying interest observed near the 92,500 region, keeping the structure intact.
- FVG (Fair Value Gap): The price filled the FVG recently, suggesting equilibrium and potential for another leg up.
Current Outlook:
- Price is holding above the FVG and is attempting a bullish rebound.
- If price maintains support above the recent lows, we may see continuation toward the target at 95,576.
Next Target: 95,576
Watch For: Rejection at resistance or volume confirmation to validate a breakout.
GOLD UPWARD COMING SOON Gold (XAU/USD) shows the price currently trading within a defined range between the support level at 3272.581 and the resistance zone around 3367.926.
Technical Highlights:
- Support Level: Strong demand seen around 3272.581 where price has previously rebounded.
- Resistance Zone: 3367.926 marks a key supply area that has held several past tests.
- Current Structure: A bullish corrective move appears underway with the potential to test the target area at 3338.838, aligning with a minor resistance zone.
- Price Behavior: Recent rejection from the support zone indicates bullish pressure; if momentum holds, price is likely to challenge the next resistance.
Next Target: 3338.838
Outlook: If gold sustains above the mid-range support, bullish continuation toward 3338.838 is favored. However, price must break minor resistance cleanly for further upside confirmation.
Would you like a social media caption or short signal text for this as well?
NZD/CAD Long, EUR/USD Short, CAD/JPY Short and GBP/AUD ShortNZD/CAD Long
Minimum entry requirements:
• Tap into area of value.
• 1H impulse up above area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
EUR/USD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
GBP/AUD Short
Minimum entry requirements:
• If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart.
• If tight structured 1H continuation forms, 1H risk entry within it.
USDJPY: Bearish Outlook Explained 🇺🇸🇯🇵
I see a very bearish price action on USDJPY:
The price formed a head & shoulders pattern after a test of
a key daily/intraday resistance and violated its neckline
and a rising support of a rising wedge pattern.
The next strong support is 141.75
It will most likely be the next goal for the sellers.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURUSD: Bullish Price Action Confirmed?! 🇪🇺🇺🇸
Here is my latest price action analysis for EURUSD.
The price completed a recent correction movement with
quite an extended consolidation within a horizontal range
and a symmetrical triangle.
The violation of 2 intraday resistances with a bullish imbalance
indicate a highly probable finalization of the accumulation.
Probabilities are high that the pair is returning to a bullish trend now.
Goal - 1.1478
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD/JPY Trade Recap, AUD/JPY Long, AUD/USD Short & CAD/JPY ShortAUD/JPY Long
Minimum entry requirements:
• 1H impulse up above area of interest.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
AUD/USD Short
Minimum entry requirements:
• If tight non-structured 1H continuation forms, 15 min risk entry within it if the continuation is structured on the 15 min chart.
• If tight structured 1H continuation follows, 1H risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• If structured 1H continuation forms, 1H risk entry within it.
"GBPUSD Ready for the Kill After Premium Zone Reaction!"⚡ GBPUSD Analysis - 1H Timeframe | April 28, 2025
📈 What's Happening:
GBPUSD just tapped deep into the Premium Zone while simultaneously reacting off a clean Fair Value Gap (FVG).
Signs of bearish rejection are stacking up — Smart Money might be preparing for the kill shot! 🎯
🚨 Key Levels Highlighted:
Strong High = Major invalidation (~1.34317).
Premium Zone = Where sellers ideally step in.
Fair Value Gap (FVG) = Where price imbalance triggered a reaction.
Weak Low = Major liquidity target (~1.32036).
🧠 Key Observations:
Price filled the FVG and immediately showed a reaction = sign of Smart Money stepping in.
Strong High untouched = still valid for bearish play.
Weak Low + Sell Side Liquidity = magnets below.
🎯 2-SCENARIO PLAN:
Plan A — Short Setup (Primary Bias):
✅ Look for bearish confirmation via M15 or M5 structure shift.
✅ Ideal entry around Premium/FVG zone.
✅ TP1 = Minor structure lows around 1.33000. TP2 = Full Weak Low sweep (~1.32036).
✅ SL = Above Strong High (~1.34317).
Plan B — Invalidated if:
✅ Strong High is broken impulsively = setup failed. No chasing!
📊 Risk Management Tip:
"Fair Value Gap reactions inside Premium = sniper-level setups. Focus on confirmations, not assumptions."
🧘♂️ Summary:
✅ Premium Tap ✅ FVG Fill ✅ Bearish Reaction ✅ Weak Low Target
Patience = Power.
This could be the sniper setup you've been waiting for! 🔥
➡️ Save this playbook.
➡️ Comment "SNIPE THE GAP" if you're setting the trap! 🎯
GBPJPY: More Growth Ahead?! 🇬🇧🇯🇵
For some unknown reason, I received a lot of requests from
the members of my free channels to share my thoughts about GBPJPY.
Well, from a daily time frame perspective, the pair still looks bullish to me.
I do believe that the market has unrealized potential to go higher.
A bullish breakout of a neckline of a huge inverted head & shoulders pattern
was a very bullish event. It now turned into a strong support from where
I will look for buying.
The closest resistance is 191.95.
It will most likely be the next goal for the buyers.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY Long Setup – Fundamental + Sentiment AlignmentAfter a full macro, COT, and sentiment analysis for this week, USDJPY stands out as the cleanest opportunity.
✅ Strong USD support: solid economic growth, persistent inflation, and elevated Treasury yields.
✅ Extremely weak JPY: Bank of Japan remains dovish, with low inflation and no sign of tightening policy.
✅ Risk sentiment: Stable to positive, favoring continuation of USD strength.
Bias: Long USDJPY
Risk: Unexpected shifts in US data or global risk-off shocks.
🔔 If you like this type of detailed analysis combining fundamentals, positioning, and sentiment — make sure to follow me for weekly setups and insights.
Let's trade smarter, not harder. 🚀
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
EURUSD has pulled back after reaching the top of the ascending channel and encountering a resistance zone.
We expect the correction to continue at least toward the identified support level.
After completing the correction, a new bullish wave is expected to begin, potentially pushing the price toward higher levels.
Will EURUSD resume its uptrend after the pullback? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️
Gold Analysis The recent gold rally has achieved all anticipated price targets in a remarkably short timeframe, subsequently attracting profit-taking activity. These sellers are currently dominating price action, creating what appears to be a potential head and shoulders pattern with the head at $3,500 and neckline at $3,280. Should the 4-hour candle close below this neckline, it would confirm the pattern formation, suggesting a downside target of $3,080. The RSI indicator further supports this bearish outlook, with a clear negative divergence forming over the past three days while remaining below the 50 level
SAXO:XAUUSD AMEX:GLD AMEX:IAU COMEX:GC1!
EUR/NZD Short and USD/JPY ShortEUR/NZD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
USD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
Gold Buy/Sell Zone Bana Diya Ha Kya Yahaan Sa Trade Leba Safe HaGold ka latest price action dekhte hue maine TradingView par Buy aur Sell zones clearly mark kar diye hain.
Iss chart idea mein aapko milega:
✅ Fresh zones jo price respect kar sakta hai
✅ Kya aap is zone ko dekh kar trade le sakte ho?
✅ Confirmation signals ka short breakdown
✅ Risk management aur entry tips
Agar aap Gold (XAUUSD) mein trading karte ho to yeh chart aapke liye game-changer ban sakta hai.
Chart idea check karein, analysis samjhein aur informed decision lein!
📈 Follow karo aur ko like/share karna na bhoolein!
#GoldAnalysis #XAUUSD #BuySellZone #TradingView #PriceAction #ForexTrading #GoldTrade
What Is the Advance-Decline (A/D) Line, and How Can You Use ItWhat Is the Advance-Decline (A/D) Line, and How Can You Use It in Trading?
The Advance-Decline (A/D) Line is a widely used market breadth indicator that provides insights into the strength of trends by tracking advancing and declining stocks. Popular among traders analysing indices like the NASDAQ, it helps identify broad participation or hidden divergences. This article explores how this indicator works and its role in effective market analysis.
What Is the Advance-Decline Line?
The Advance-Decline (A/D) line, also known as the Advance-Decline Index, is a popular market breadth indicator used to gauge the overall health of a market's movement. Instead of focusing solely on price changes in an index, it analyses how many stocks are participating in the market's rise or fall. This makes it particularly useful for traders looking to understand whether a trend is supported by widespread participation or driven by just a handful of stocks.
The indicator can be set up based on stocks on different exchanges. For example, a NYSE Advance-Decline line provides insights into NYSE-listed stocks. However, it can be applied to any index or exchange, resulting in the Nasdaq Advance-Decline line or a line based on stocks listed in the UK, Australia, Europe, or Japan.
At its core, the A/D line is a cumulative measure of the net advances of stocks on a given day. The calculation is as follows:
1. Count the number of advancing stocks (those that closed higher than their previous close).
2. Count the number of declining stocks (those that closed lower than their previous close).
3. Subtract the number of declining stocks from the advancing stocks to get the net advance.
4. Add this net advance to the previous day’s A/D line value.
Formally, the Advance-Decline line formula is:
Net Advances = Advancing Stocks − Declining Stocks
Current A/D Line Value = Previous A/D Line Value + Net Advances
For example, if 500 stocks advanced and 300 declined on a given day, the net advance would be +200. If yesterday’s A/D Line value was 10,000, today’s value would be 10,200. Over time, these daily values form a line that tracks the cumulative net advances.
The indicator provides insights into sentiment. A rising line indicates more advancing stocks than declining ones, while a falling line suggests the opposite. Traders often use this data to determine whether a price trend in an index reflects broad strength or is being carried by a few heavyweights.
Understanding Market Breadth
Market breadth measures the extent to which individual assets are contributing to a market's overall movement, providing a clearer picture of the strength or weakness behind trends. Rather than relying solely on an index's price performance, breadth gives traders insights into how widespread participation is within a rally or decline. This information is crucial for understanding whether market moves are broad-based or concentrated in a few influential assets.
A market with a strong breadth typically sees most stocks or assets moving in the same direction as the overall trend. For example, during a rally, broad participation—where a large percentage of assets are advancing—signals a robust and healthy trend. Conversely, weak breadth occurs when only a small group of assets drives the movement, potentially indicating fragility in the trend. This is especially important in large indices where a few heavily weighted assets can mask underlying weaknesses.
How Traders Use the A/D Line
The A/D Line is more than just a market breadth indicator—it’s a practical tool traders use to gain insight into the strength and sustainability of trends. By analysing how the indicator behaves in relation to price movements, traders can uncover potential hidden opportunities and spot potential risks. Let’s consider how the Advance-Decline line behaves on a price chart.
Identifying Trend Strength
One of the A/D Line’s key uses is evaluating the strength of a market move by examining overall participation. When both the A/D Line and an index rise together, it suggests widespread buying activity, with most stocks contributing to the rally. Similarly, if both the index and the A/D Line decline, it often reflects broad-based selling, indicating that weakness is widespread across the market rather than concentrated in a few assets.
Spotting Divergences
Divergences between the A/D line and price are closely watched by traders. For instance, if an index continues to rise but the A/D line starts declining, it could signal that the trend is losing momentum. Conversely, when it begins rising ahead of a price recovery, it may suggest underlying strength before it becomes apparent in price action.
Complementing Other Indicators
Traders often pair the A/D line with other tools to refine their analysis. For example, combining it with moving averages or oscillators like RSI can help confirm signals or highlight discrepancies. A rising A/D line alongside RSI rising above 50 might reinforce the possibility of a price rise.
Strengths of the A/D Line
The A/D line is a widely respected tool for understanding market dynamics, offering insights that price-based analysis alone can’t provide. Its ability to measure participation across a broad range makes it especially valuable for traders looking to assess sentiment and trend reliability. Let’s explore some of its key strengths.
Broad Market Perspective
The A/D line captures the performance of all advancing and declining stocks within an index, offering a comprehensive view of how much support a trend has. Instead of focusing solely on a handful of large caps that often dominate indices, the indicator reveals whether the majority are moving in the same direction. This helps traders gauge the true strength of a rally or decline.
Early Warnings of Weakness or Strength
Divergences between the A/D line and the price can act as an early signal of potential changes in momentum. When the A/D Line deviates from the overall trend, it can highlight areas where market participation is inconsistent. This allows traders to assess whether a trend is gaining or losing support across a broad range of assets, offering clues about potential shifts before they fully materialise in price action.
Applicability Across Markets
Another strength is its versatility. The A/D line can be applied to indices, sectors, or even individual markets, making it useful across various trading strategies. Whether monitoring a broad index like the S&P 500 or a specific sector, the indicator can be adapted to provide valuable insights.
Limitations of the A/D Line
While the A/D line is a useful tool for analysing breadth, it isn’t without its limitations. Traders need to understand its drawbacks to use it effectively and avoid potential misinterpretations. Here are some of the key challenges to consider.
Ignores Stock Weighting
One major limitation is that the A/D index gives equal weight to every stock, regardless of size or market capitalisation. In indices like the S&P 500, where a small number of large-cap stocks often drive performance, this can create a disconnect. For example, a large-cap stock’s strong performance might lift an index while the indicator shows weakness due to low-caps underperforming.
Vulnerability to Noise
The index can produce misleading signals in certain conditions, such as during periods of low trading volume or heightened volatility. Market anomalies, such as large fluctuations in a small number of stocks, can skew the indicator and make it less reliable. This can be especially problematic in thinly traded assets or at times of high speculation.
Not a Standalone Indicator
The A/D line is combined with other tools. On its own, it doesn’t account for factors like momentum, valuation, or sentiment, which can provide critical context. Traders relying solely on it may miss out on key details or overemphasise its signals.
Comparing the A/D Line with Other Market Breadth Indicators
The A/D Line is a powerful tool, but it’s not the only market breadth indicator traders use. By understanding how it compares to other indicators, traders can select the one that suits their analysis needs or combine them for a more comprehensive view.
A/D Line vs Advance-Decline Ratio
The A/D Ratio measures the proportion of advancing to declining stocks. While the A/D line provides a cumulative value over time, the ratio offers a snapshot of market breadth for a single trading day. The A/D Ratio is often better for identifying short-term overbought or oversold conditions, whereas the A/D line excels at tracking long-term trends.
A/D Line vs McClellan Oscillator
The McClellan Oscillator uses the same advancing and declining stock data but applies exponential moving averages to calculate its value. This approach makes the McClellan Oscillator more sensitive to recent market changes, allowing it to highlight turning points more quickly than the A/D line. However, the A/D line’s simplicity and cumulative nature make it more straightforward to interpret for broader trend analysis.
A/D Line vs Percentage of Stocks Above Moving Averages
This indicator tracks the percentage of stocks trading above specific moving averages, such as the 50-day or 200-day. While the A/D line focuses on daily advances and declines, the moving average approach highlights whether stocks are maintaining longer-term momentum. The A/D line provides a broader perspective on participation, whereas this indicator zeros in on sustained trends.
The Bottom Line
The Advance-Decline line is a valuable tool for traders seeking deeper insights into market trends. By analysing market breadth, it helps identify potential opportunities and risks beyond price movements alone.
FAQ
What Is the Meaning of Advance-Decline?
Advance-decline refers to the difference between the number of advancing stocks (those that closed higher) and declining stocks (those that closed lower) on a specific trading day. It’s commonly used in market breadth indicators like the NYSE Advance-Decline line to measure the overall strength or weakness of the market.
How to Find Advance-Decline Ratio?
The Advance-Decline ratio compares advancing stocks to declining stocks in an index. It is calculated by dividing the number of advancing stocks by the number of declining stocks.
How to Use an Advance-Decline Line Indicator?
The A/D line indicator tracks the cumulative difference between advancing and declining stocks. Traders analyse its movement alongside price trends to assess market participation. For example, divergence between the A/D line and an index price direction can signal potential changes in momentum.
What Is the Advance-Decline Indicator Strategy?
Traders use the Advance-Decline indicator to analyse market breadth, identify divergences, and confirm trends. For example, a rising A/D line with an index suggests broad participation, while divergence may signal weakening trends.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Thu 24th Apr 2025 EUR/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/USD Sell. Enjoy the day all. Cheers. Jim
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
After a strong bullish rally that led to a breakout above the 1.12 resistance zone, EURUSD is now undergoing a correction.
We expect the price to pull back toward the identified support zone, where it may find demand and begin a new bullish wave.
As long as the price holds above the specified support zone and the ascending trendline, our outlook remains bullish. A successful retest of support could pave the way for the next leg higher.
Will the pullback offer a buying opportunity, or is a deeper correction ahead? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️