Multiple Time Frame Analysis
PEOPLEUSDT Long Term Channel FormationPEOPLE is structurally confined within a well-defined descending channel. Price action recently reacted off a weak support level, prompting a corrective bounce targeting the immediate supply zone around 0.01777.
However, unless a significant bullish breakout occurs, rejection from this zone is highly probable and could sustain bearish momentum. A continuation to the projected drop target near the 0.00620 region appears likely, aligning with the lower boundary of the channel. This zone offers a high-probability area for long-term accumulation.
Should the projected path unfold as illustrated, a gradual multi-phase bullish structure may emerge, targeting 0.02482, 0.04995, and ultimately testing the upper boundary near 0.09071.
Nasdaq - $2,000+ In 30 Mins Utilising Fair Value Gaps17/4/25 - Same strategy, different day guys!
It would be a lie if I told you it was a easy day today because it wasn't!
After a few small losses, I managed to take some meat off the bone with net profits totalling over $2,000 within the space of 30 mins.
I'll Short BTC if? I'll Short BTC if I see it at 86k once again
Too much weakness on 4h time frame
But I'll use a tight stoploss there above the high
My tp will be at 81000 or 80000
But at the end I'll definitely wait for the confirmations on the lower time frames because without confirmations it's total loss in trading.
This trade is 1:10 risk to reward
So it does not hurts me but i don't know about your margin and capital.
So act accordingly manage your risk definitely.
Profit and loss all is yours I'm not responsible for your profit and loss.
I'm sharing my thoughts.
So let's see how it plays out,
One trade like this and you don't have to trade for months.
Wait for the prey like a lion 🦁
Regards Trader Scorpion 🦂
Long trade
🚀 Trade Breakdown – Buyside (DOGE/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: DOGE/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 0.15605
Take Profit (TP): 0.15939 (+2.14%)
Stop Loss (SL): 0.15550 (–0.35%)
Risk-Reward Ratio (RR): 6.09
🧠 Trade Narrative:
This buyside setup has the feel of an LTF liquidity sweep potentially targeting: Equal highs/ intraday liquidity.
Long trade
📈 Trade Breakdown – Buyside (DODGE/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: noon (NY Session PM)
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 0.15546
Take Profit (TP): 0.15914 (+2.37%)
Stop Loss (SL): 0.15495 (–0.33%)
Risk-Reward Ratio (RR): 7.22
🧠 Trade Narrative: Entry on discount within premium zone going for abuyside trade.
USDCAD - Bank of Canada keeps interest rates unchanged!The USDCAD pair is below the EMA200 and EMA50 on the 4-hour timeframe and is in its descending channel. The continuation of the downward movement of this pair will provide us with a buying position with a good risk-reward ratio. If the correction continues, we can sell within the specified supply zone.
On Wednesday, oil prices climbed by approximately 1%, driven by renewed optimism in the markets regarding potential trade talks between the United States and China. However, lingering concerns about the trade war’s negative effects on global energy demand limited further gains in oil prices.Initially, oil prices declined, but market sentiment shifted after Bloomberg reported—citing an anonymous source—that China was seeking greater respect from the Trump administration before agreeing to new negotiations. The same source also stated that China had requested a new outreach from the U.S. to initiate the discussions.
Giovanni Staunovo, an analyst at UBS, commented that easing trade tensions between the two nations could help reduce constraints on economic growth and energy demand, potentially exerting downward pressure on oil prices.
Meanwhile, the International Energy Agency (IEA) reported that global oil demand is expected to rise by just 730,000 barrels per day this year—well below both its previous projections and those of OPEC.
In a new report, the Fitch rating agency warned that the intensifying global trade war has significantly weakened the outlook for economic growth. According to the report, China’s economic growth will fall below 4% in both this year and the next, while the eurozone is projected to grow by less than 1%.
Fitch further estimates that global economic growth in 2025 will fall below 2%, marking the weakest performance since 2009 (excluding the COVID-19 pandemic period).
Despite the sharp decline in the U.S. growth outlook, Fitch expects the Federal Reserve to delay any interest rate cuts until Q4 of 2025. Conversely, deeper rate cuts are anticipated for the European Central Bank and emerging market economies.
In the energy sector, Fitch lowered its short-term oil price forecast due to risks stemming from weaker demand and trade disruptions but left its natural gas price forecast unchanged.
Additionally, the Bank of Canada maintained its policy rate at 2.75%. Highlights from the Bank’s monetary statement include:
• Tariffs and logistical challenges are driving price increases.
• New U.S. trade policies have heightened uncertainty, slowed growth, and sparked inflation fears.
• The Bank supports economic growth with inflation control but urges caution due to elevated domestic risks.
• Both upside risks (higher costs) and downside risks (weaker growth) to inflation are under close watch.
• Beginning in April, the removal of carbon taxes and cheaper oil are expected to temporarily lower inflation for about a year.
• The recent rise in inflation reflects renewed commodity price growth and the end of temporary sales tax relief.
• Due to high uncertainty related to U.S. trade tariffs, the Bank is refraining from issuing an economic forecast.
• The output gap in Q1 2025 was estimated between 0% and -1%.
• Annualized GDP growth for the same quarter was 1.8%, down from the January forecast of 2%.
• Two scenarios are under consideration: one involving tariff reduction via agreement, and another involving a prolonged global trade war.
• In the first scenario, Canadian and global growth temporarily decline, inflation drops to 1.5%, and later returns to the 2% target.
• In the second, the global economy slows sharply, inflation surges, and Canada enters a severe recession. Inflation surpasses 3% by mid-2026 before returning to the 2% target.
• In both scenarios, the neutral interest rate is estimated to be around the midpoint of the 2.25%–3.25% range.
Is GBPAUD Finally Ready to Drop?Price is currently struggling to break through a key resistance area. That’s not a problem – I’m not looking to catch the entire move, I only need a clean 1:3 RR and potentially the completion of the Asia range.
🔻 Bias: Bearish
On the 4H chart, I’ve identified the 50 EMA as a possible point of rejection, and it lines up perfectly with a 15m POI (Orderblock).
Since the Asia session opened higher, this creates a solid intraday short opportunity targeting the unfilled Asian range.
✅ I’ve marked two potential zones where price could react. If I get clean bearish price action in either zone – such as a BOS on the 1m or strong rejection patterns – I’ll look to execute the short.
Patience until the setup aligns. Let's see how it plays out. 🔍💯
USDT DOMINANCE UPDATE: What to Expect Next? USDT Dominance is currently heading toward a key demand zone between 5.33 and 5.16, which could act as a strong support area. From this zone, we might witness a short-term bounce or upward movement. This could temporarily cause corrections in both Bitcoin and altcoins, so don't be alarmed—this is a healthy part of market behavior.
After a possible slight move upward, USDT dominance may go sideways for a while, showing some consolidation. But here’s the important part: this move is likely the beginning of its next downtrend. And when USDT dominance starts falling, it typically signals the start of an uptrend for Bitcoin and the overall crypto market.
So, stay calm and stay prepared. I'm sharing this so the market doesn’t catch you by surprise. Because you’re following me, I’ll make sure you stay ahead of the moves with timely updates.
Everything will be fine—this is just part of the cycle.
Gold initiates its trajectory toward the $4,000 markGold (XAU/USD) has confirmed a major bullish breakout from a long-term Cup and Handle formation, pointing to a macro target of $4,044.90. While price approaches immediate resistance at $3,404.72, the bullish structure remains intact above the breakout support zone. A retracement towards ISL or SL zones could offer potential re-entry opportunities in line with the prevailing uptrend.
GTC Eyes Reversal from Accumulation Base GTC/USDT is bouncing off a long-term descending channel’s base, showing possible signs of accumulation. A move toward the $0.55–$0.75 supply zone is expected, with a potential breakout targeting $2.23 if momentum sustains. We must pay a close attention to a breakdown below $0.248 which will open a downward move towards $0.074 as final and critical support.
NIFTY trading at RESISTANCE!! But!! As we can see NIFTY trading at final resistance after a strong breakout of 23400 level and now is trading around 23800 levels which has acted as a strong supply zone previously hence we can expect signs of REJECTION around here but if any case it sustains above the given level then we can also see a possible formation of inverted head and shoulders pattern in bigger time frame hence any closing above 24000 levels could show another strong unidirectional rally which can also lead to new ATH so plan your trades accordingly and keep watching everyone.
Long trade
🚀 Trade Breakdown – Buyside (ETH/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: ETH/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 1582.90
Take Profit (TP): 1612.94 (+1.90%)
Stop Loss (SL): 1577.04 (–0.34%)
Risk-Reward Ratio (RR): 5.13
🧠 Trade Narrative:
NY PM reversal-style trade:
Playing off a refined demand zone on the lower timeframe, sweep of a prior low, and aiming for a local high for this buyside trade idea.
Not the best entry, however, manage stop loss based on the narrative of supply and demand
Long trade
📈 Trade Breakdown – Buyside (BTC/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 3:00 PM (NY Session PM)
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 84,552.5
Take Profit (TP): 85,333.5 (+0.92%)
Stop Loss (SL): 84,467.5 (–0.10%)
Risk-Reward Ratio (RR): 9.19
🧠 Trade Narrative:
Entry into the discount zone of a short-term range
With the assumption of price expanding towards a local high or imbalance for a buyside trade idea.
Long trade
📈 Trade Breakdown – Buyside (BTC/USD)
📅 Date: Thursday, April 17, 2025
⏰ Time: 12:00 PM
🪙 Pair: BTC/USD
📊 Trade Direction: Buy (Long)
Trade Parameters:
Entry: 84,569.5
Take Profit (TP): 85,338.0 (+0.91%)
Stop Loss (SL): 84,384.5 (–0.22%)
Risk-Reward Ratio (RR): 4.15
🧠 Trade Narrative:
A midday NY session continuation to the upside. Targeting the next liquidity pocket above recent highs.