Bonds Could be Forming a Big Low The drop in bonds took them down the 76 retracement level and this is where we're stalled out, at least for now.
Action in this area is consistent with a head and shoulders - and if that pattern is in play then we'd be into the rally in bonds now.
Something that's always worth noticing is when there's a lot of talk of something dramatic happening in something but it doesn't make a new extreme.
During the last drop in bonds there was extreme bear sentiment (It's not even something I'm all that interested in and I was seeing it everywhere) but this drop has so far failed to break the low and, perhaps critically, remains above the 76. Currently in the pending reversal zone we have the formation of a possible reversal pattern.
This is a premise we can invert to the yields also.
If these reversals play out, they predict that these start to change really quickly. We'd be heading out of the late reversal stages and into the early trend.
We'd expect to see bonds sharp up and yields sharp down.
Failure of these levels as reversals would imply a far stronger trend in these, but I do think the odds skew better towards reversals here as per the TA norms.
Harmonic Patterns
Altcoins, Crypto is different since institutions came inHow long have we been saying this? Yet the masses have not grasped this concept. Neother have influencers. But that makes sense because they need clicks to survive. People tend to "graze" where pasture seems greener, even if it isn't.
CRYPTOCAP:TOTAL 3 = NO CRYPTOCAP:BTC or CRYPTOCAP:ETH
Altcoins have been in a steady incline since Nov 23.
Daily
The last 2 consolidation phases lasted AROUND 6 months, depending on where you begin the consolidation phase.
Weekly
Not important going further as Crypto landscape has changed & the back data is irrelevant. However, let's be nosey & see how it looks in comparison.
#CVX/USDT#CVX
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 2.72, which acts as strong support from which the price can rebound.
Entry price: 2.83
First target: 2.90
Second target: 2.97
Third target: 3.06
Gold’s Wednesday highs and lows will determine next moveGold continues to consolidate after retreating from the resistance zone.
It has consistently followed the downtrend line and repeatedly bounced lower from this resistance level. The market recently formed a triangle pattern and broke out of it, but notably, it did not trigger a massive sell-off. Currently, price action is testing the previous day’s low. However, I think the price could retest Wednesday’s low as the price is currently trading within Wednesday’s range. This has formed a “K” pattern on the daily chart, indicating that the next decisive move will occur after a breakout of Wednesday’s low or high. Overall, I expect the sideways movement to continue into next week and keep an eye on these key levels for potential signals.
My target is the resistance zone near 3355.
Gold swept wide and returned to low levelFrom the perspective of the daily line, yesterday's rebound relied on the short-term moving average to close positive, but the rebound was not very strong and the continuity was poor. If it can continue to close positive today, it will lay the foundation for an upward trend, and then it can be seen to gradually strengthen. If it closes negative today, or even falls below the short-term moving average, then gold may fall again.
From the previous round of bottom support 2790, there is a triple bottom, and there is a bottoming process. Therefore, gold cannot be too optimistic about returning to a strong bull market at present, and still has this psychological expectation.
Short-Term Trade Setup: NZDCAD Eyes 0.82898–0.83110 TargetsGood day Traders,
Trust you are well.
Below is my analysis of NZDCAD.
Overview:
NZDCAD is retracing from the recent high at 0.83050, currently trading around 0.82628. Price action is approaching a key support zone between 0.82470 – 0.82285, an area that previously triggered bullish reactions. Momentum indicators are showing bearish pressure, with red histogram bars visible on the chart.
Idea:
Although bearish momentum is present, the histogram shows a slight decrease in selling pressure, hinting at a potential slowdown in the current downtrend. If the pair holds above the 0.82287 level, it could signal a potential reversal or bounce. This would open room for bullish targets at: 0.82898, 0.83039 and 0.83110.
However, a confirmed break below 0.82287 could expose the next support around 0.82100.
Conclusion:
The pair is at a critical support zone, with decreasing momentum suggesting that sellers may be losing strength. A bounce from current levels could provide a short-term buying opportunity, while a break below 0.82287 would invalidate the bullish outlook.
Cheers and happy trading!
$TRX Coiling for Launch: Breakout Loading..TRX/USDT is ranging tightly between $0.22–$0.26, building pressure for a breakout. Price is still above the 100-day EMA, hinting at bullish bias. A confirmed breakout above $0.26 could fuel a rally toward;
$0.282, $0.32, $0.37, and $0.43 (+66%). However, losing the range support risks more sideways movement. Breakout or fakeout—watch volume closely!
#TRX #Crypto #Altcoins #Breakout #Trading #TechnicalAnalysis #CryptoTrading #Bullish #CryptoCharts
#GLMR/USDT#GLMR
The price is moving within a descending channel on the 1-hour frame and is expected to continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.0690.
Entry price: 0.0713
First target: 0.0730
Second target: 0.0750
Third target: 0.0774
Built Up Swing Short Bet Over the Last Day.Got another good chunk of the rally taking our net SPX long earnings to over 20% for the year on low risk (For context, our max DD is about 1/4 of what SPX is down this year).
I still would prefer to see 5800 for me to take a real big swing at the short (because I know at 5800 even if I am wrong I'll generally get some reaction to size down a bit in risk) but we may undershoot that.
I've build up my position around the 5400 sort of area. Small tolerance for stop zones. If I am wrong, I think 5800 would hit really quickly.
Update to below idea.
USDCAD 15-Min Setup: Buyers Defend Crucial ZoneGood morning traders,
Trust you are doing great.
Kindly go through my analysis of USDCAD currency pair.
Overview
The USDCAD M15 chart presents a bullish price setup around the 1.38350–1.38410 support zone, with current price action consolidating just above this area.
Idea
Price bounced off the key support zone (blue box), suggesting buyer interest. The BB Squeeze momentum indicator shows weakening selling pressure, which could signal an upcoming bullish move.
Key Support: 1.38350
Upside Targets: 1.38650, 1.38880, and 1.39039
Invalidation: Setup fails if price breaks below 1.38280
From the fundamental context, we can see that the Canadian dollar (CAD) is moving more in sync with the U.S. dollar (USD) again, a return to its historical behavior. This happens because Canada was spared from certain tariffs, making its economy more closely tied to U.S. growth sentiment—a key bullish factor for CAD when the USD strengthens. But because CAD is now closely tied to U.S. sentiment, CAD won't weaken as sharply, which might explain why the price is consolidating instead of spiking aggressively. As such, we might see a slow but steady move on the pair as time progresses.
Conclusion
As long as the price holds above the 1.38350 support zone, a bullish continuation toward the mentioned targets is likely.
Cheers and happy trading.
TRAP RALLY?AMEX:SPY trade, watching this pivot level for 2nd flag continuation into 560's or a break down to retest lows.
Overall trend is bearish, so until bulls show themselves, the continues voice that yells buy this dip, is nulled by the sense of, FOMO temptation. never plays out well.
No actual trade deals made, no actual announcements. just headlines and people retweeting post. Price>everything.
#APT/USDT
#APT
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 4.75.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 4.95
First target: 5.06
Second target: 5.17
Third target: 5.28
Gold may hit a second bottom today!From the perspective of the daily line, yesterday's rebound relied on the short-term moving average to close positive, but the rebound was not very strong and the continuity was poor. If it can continue to close positive today, it will lay the foundation for an upward trend, and then it can be seen to gradually strengthen. If it closes negative today, or even falls below the short-term moving average, then gold may fall again.
From the previous round of bottom support 2790, there is a triple bottom, and there is a bottoming process. Therefore, gold cannot be too optimistic about returning to a strong bull market at present, and still has this psychological expectation.
Gold may hit a second bottom today!From the perspective of the daily line, yesterday's rebound relied on the short-term moving average to close positive, but the rebound was not very strong and the continuity was poor. If it can continue to close positive today, it will lay the foundation for an upward trend, and then it can be seen to gradually strengthen. If it closes negative today, or even falls below the short-term moving average, then gold may fall again.
From the previous round of bottom support 2790, there is a triple bottom, and there is a bottoming process. Therefore, gold cannot be too optimistic about returning to a strong bull market at present, and still has this psychological expectation.
As for gold today, the trend of gold rising and falling shows fatigue. If the trend line breaks, it will continue to be bearish. In the European session, it will rebound to 3336 and short. The support below is 3306. If there is no rebound but it goes sideways at a low level and continues to go down, then the first touch of 3306 can be seen as a small rebound. If 3306 breaks, then the rebound in the evening will continue to be short, and it is expected to test the lower level again.
#GALA/USDT
#GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.01688.
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: 0.01703
First target: 0.01725
Second target: 0.01754
Third target: 0.01788