Gann
USDZAR-BUY strategy 12 hourly chart - Regression channelThe pair has moved little lower, but looking with a longer view point, we are approaching oversold levels (not extreme), but below channel. It is difficult to guess how far below the channel we may go, but with a careful approach we should start buying into the weakness slowly.
Strategy BUY @ 18.0000-18.0850 range and take profit near 18.4375.
#GALA/USDT#GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.01500.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 0.01509
First target: 0.01538
Second target: 0.01558
Third target: 0.01590
USDZAR-NEUTRAL BUY strategy 3 hourly chartWe managed first to move towards 18.3300 area after the BUY signal, but we fell short of objective.
Now we are under pressure, and it feels we may see a little lower. However, I prefer BUY strategy still due to the fact some indicators still provide some upwards possibilities.
Strategy BUY @ 18.1500-18.1750 and take profit near 18.3375 for now.
AUDCAD 1 hour possible Double Bottom📉 Technical Overview
1. Pattern in Formation: Potential Double Bottom
Price action suggests a potential double bottom pattern forming around the 0.88800–0.88900 support area.
A neckline is clearly identified around the 0.89300 level.
Price is currently between the second low and the neckline — an important “watch zone.”
2. Confirmation Required
The double bottom is not confirmed yet.
A valid long trade setup would require a clear breakout and close above 0.89300 (neckline resistance).
3. Target & Risk
The projected move (measured from the neckline to the bottom of the pattern) gives a target around 0.89740.
That’s approximately +42–43 pips from the breakout point, offering decent risk-to-reward potential.
✅ Trade Idea (Upon Confirmation)
Buy Entry: After a 1H candle closes above 0.89300.
Stop Loss: Below the second bottom – around 0.88900 or slightly below.
Take Profit: Around 0.89740 (measured target of the pattern).
Risk:Reward Ratio: Approx. 1:2, favorable for a breakout trade.
⚠️ Caution
If price fails to break above the neckline and reverses, it may revisit the 0.88800 zone or even break down — invalidating the setup.
Monitor Canadian and Australian economic news, especially commodity data or employment figures, for volatility spikes.
GBPUSD 30 minutes 📊 Technical Overview
1. Chart Pattern: Double Bottom (Potential Reversal)
The chart highlights a possible double bottom formation near the 1.32700 – 1.32800 support zone, which is a classic bullish reversal pattern.
The second bottom is slightly higher than the first, showing buying interest stepping in earlier — a bullish sign.
2. Trendline & Structure Break
A descending trendline has been drawn connecting the recent lower highs.
The price is approaching the trendline for a breakout. A break and close above this structure would confirm the double bottom and trigger a bullish reversal scenario.
3. Support Zone
Marked in purple and yellow, the support zone around 1.32600 – 1.32800 has held strong multiple times.
Each retest has produced a bullish reaction, indicating strong buying interest in this region.
✅ Trade Idea (If Confirmation Occurs)
Entry: Above 1.3300 (after trendline break and retest)
Stop Loss: Below 1.32700
Take Profit Zones:
TP1: 1.33450 (near recent swing high)
TP2: 1.33800 (prior resistance zone)
⚠️ Key Considerations
Wait for a confirmed break and retest of the trendline — premature entries could result in false breakouts.
Watch for U.S. economic news (like jobless claims or Fed speakers) that might increase volatility.
XAU/USD Live Market Breakdown – May 8, 2025📊XAU/USD Live Market Breakdown – May 8, 2025
🔹Current Price: 3,337.40
🔹Timeframe: 15M
📌Key Supply Zones (Resistance):
🔴3377–3382 – Major Supply Zone (previous BOS area)
🔴3362.85 – Minor intraday resistance (price failed to hold)
📌Key Demand Zones (Support):
🟢3272–3277 – Fresh demand; wait for confirmation before long
🟢3310.01 – Minor reaction area
🟢3274.13 – Deeper support if sell-off continues
📉Current Outlook:
Gold broke below multiple internal demand zones, confirming bearish momentum. Now trading inside the 3272–3277 HTF demand. This is a key zone to monitor for reversal or further breakdown.
📈Bullish Scenario:
Price must show bullish confirmation (engulfing/BOS) from 3272–3277 to consider long positions. Without confirmation, bias remains bearish.
⚠️Strategy Tip:
✅Wait for lower-timeframe BOS or CHoCH in green zone
✅Don’t catch falling knives – wait for confirmation
✅SL must go below zone; TP can target 3362 short-term
#XAUUSD #SmartMoneyConcepts #PriceAction #BreakOfStructure #GoldTrading #IntradaySetups #FXFOREVER #DemandZones #WaitForConfirmation
AUDCAD SHORT FORECAST Q2 W19 D8 Y25AUDCAD SHORT FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅ Weekly order block
✅Intraday 15 order block
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EURGBP SHORT FORECAST Q2 W19 D8 Y25EURGBP SHORT FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block
✅15' order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPUSD SHORT FORECAST Q2 W19 D8 Y25GBPUSD SHORT FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPJPY SHORT FORECAST Q2 W19 D8 Y25GBPJPY SHORT FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDCHF LONG FORECAST Q2 W19 D8 Y25USDCHF LONG FORECAST Q2 W19 D8 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
Gold prices remain volatile, where is the profit range?
💢 Driving factors
Gold prices plunged nearly 2% yesterday, mainly due to the strengthening of the US dollar and the optimism brought about by the upcoming trade talks between the United States and China. The Federal Reserve kept interest rates unchanged on Wednesday, but pointed out that the risks of rising inflation and unemployment increased, which further clouded the economic outlook as the Fed struggled to assess the impact of Trump's tariff policy. When the US dollar strengthens, it means that gold is relatively expensive for buyers holding foreign currencies. But despite the decline in gold prices, it is still supported by global geopolitical risks and central bank buying.
📊 Commentary Analysis
Gold basically fluctuated in the 3400-3360 range today, which is a typical fluctuation. But for high-level fluctuations, we must worry about the breakthrough after the platform is sorted out, and we must also worry about the stagflation retracement, which depends on the time cycle. Therefore, the current trend, people who like fluctuations feel very good, and those who look at one-sidedness feel uncomfortable. Today's early trading operations are still temporarily carried out in the 3400-3360 range, and new layouts will be made after the break!
💰Strategy Package
The Asian session is expected to remain volatile, and both long and short positions have opportunities. You only need to operate at the right time. Go long when the short-term retracement reaches 3370 support, and go short when the upper resistance reaches 3410.
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 4-7% of the fund account
- Stop loss is 1-3% of the fund account
Déjà vu.Hello old friend, it feels like we've been down this road before.
"After exhaustive researches and investigations of the known sciences, I discovered that the Law of Vibration enabled me to accurately determine the exact points to which stocks or commodities should rise and fall within a given time. The working out of this law determines the cause and predicts the effect long before the Street is aware of either" -- W.D. Gann
QNX Everywhere.”Every movement in the market is the result of a natural law and of a cause which exists long before the effect takes place and can be determined years in advance. The future is but a repetition of the past, as the Bible plainly states…” -- W.D. Gann
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"Down just means, not up yet" -- Bathsalt