EURUSD 05/05/2025Weekly:
-Weekly highs.
-Deceleration.
Daily:
-Bearish W pattern.
-H&S pattern.
-IC.
4H:
-Bearish W pattern.
-H&S pattern.
Multiple Time Frame Analysis
EURUSD - April ReviewGBPUSD is the weakest pair amongst the pair and I am more 50/50 this month with where EURUSD could draw to first.
Scalpers can have a field day during conditions like this!
As long as we see dollar present us with bullish conditions, I will expect to see weakness in EUJRUSD
GBPUSD - April ReviewThere is a chance that we close bullish inside of the higher time frame 3-month SIBI @ 1.34826 - 1.38384 for this month but i am seeking a short-term retracement into lower timeframe PD arrays before a continued expansion higher.
1.31356 is in the cards.
Dollar Bounce to 103 Incoming or Straight to 96?Will the Dollar Keep Tumbling, or Are We About to Bounce Back to 103 in May?
Checking out the monthly charts, April finally delivered a close under that critical 100 level, breaking a floor that held firm for years:
Zooming into the weekly chart, we’ve retraced back to test the 100 level from below. It’s now acting as resistance—so, is another big drop coming?
Long term, my bias is clear: the dollar looks set to keep sliding lower after breaking the crucial 100 mark. But if we flip to the daily charts, we can clearly see signs of a short-term bounce brewing. It looks like price might want to squeeze back inside the range, aiming for that juicy sell zone around the 103 mark—the very origin of the leg down that initially broke 100:
This 103 area is a prime spot for short-term bulls, and an even better opportunity to start loading up on shorts for a move down towards the Monthly buy zone around 96.
Personally, I won’t trade USDX directly to the upside—I'll instead use this analysis to play setups on pairs like EURUSD and AUDUSD, as they're approaching key resistance areas right now.
My game plan: wait patiently for price to reach around 103, then start hunting for sell signals. But first, we’ll need a solid daily close back above 100, something I think we could see happen this week.
Don’t forget—we’ve got the Fed’s interest rate decision coming up, which might trigger some volatility. We could easily rally up to 103 ahead of the decision and then see a sell-off afterward. Of course, if the Fed throws us a curveball, the dollar might never get back above 100, and just continue dropping straight away.
Right now, the 100 level is crucial—so watch closely.
What’s your take? Drop your thoughts below! 😊
GBP/NZD For Bullish as Pull-backyou can go long now
or
wait for entry point and then go long
general trend is down trend
current phase is pull-back and may be end at target 3
have fun :)
Long tradeSOLUSDT (Buy Side)
🗓 Date: Monday, 5th May 2025
⏰ Time: 12:30 PM
📍 Session: London AM
Pair: SOL/USDT
📈 Direction: Long (Buy Side)
Entry Price: 143.920
Take Profit: 146.443 (+1.75%)
Stop Loss: 143.740 (−0.13%)
Risk-Reward Ratio: 14.02
Reason: Based on observation of price action and momentum to the upside, as well as observing ETH and BTC served as confirmation to the buyside trade.
15min TF overview
Sustaining above the NECKLINE!! As we can see NIFTY is sustaining itself above the neckline of inverted head and shoulders pattern which make it in a very diabolical place as any closing below the neckline could lead to massive fall but continuous sustainment above the given neckline could show further upmove so plan your trades accordingly and keep watching everyone.
Long trade
📘 Trade Journal
Entry BTCUSD (Buy Side)
🗓 Date: Monday, 5th May 2025
⏰ Time: 12:00 PM
📍 Session: London to New York Overlap (AM)
Pair: BTC/USD
📈 Direction: Long (Buy Side)
🔹 Entry Details:
Entry Price: 93,883.46
Take Profit: 94,533.51 (+0.69%)
Stop Loss: 93,858.02 (−0.03%)
Risk-Reward Ratio: 25.55
🔹 Trade Context:
Entered during the London–New York overlap, a peak liquidity window where breakout and continuation setups often occur.
LONG ON GBP/NZDGBP/NZD is respecting a major support zone and is currently ready to rise.
I will be buying GBP/NZD to the previous swing high looking to catch 200-300 pips throughout the rest of the week.
USD/CAD For Bullish as pull-backyou can go long now
or
wait for entry point and then go long
general trend is down trend
current phase is pull-back
your confirmation for bullish will be break the red arrow level and come back to retest it and then go up to target 2
have fun :)
GBP/AUD For Bullish as pull-backyou can go long now
or
wait for entry point and then go long
general trend is down trend
current phase is pull-back and may be end at target 3
have fun :)
NZD/JPY For Bearish as pull-backyou can go short now
or
wait for entry point and then go short
general trend is up trend
current phase is pull-back may be end at target 3
have fun :)
AUD/JPY For Bearish as Pull-backyou can go short now
or
wait for entry point and then go short
general trend is up trend
current phase is pull-back may be end at target 3
have fun :)
Short Idea on EURUSDBased on :
- Periodic volume profile
- Seasonality
- Currency strength of usd and eur are weakest vs strongest
- small divergence on Poiv but on weekly timeframe is more evident
- Cot data
CAD/JPY For Bearish as pull-backwait for pull-back near by entry point and then go short
general trend is up trend
current phase is pull-back
have fun :)
USD/JPY For Bearish as pull-backwait for pull-back near by entry point and then go short
general trend is up trend
current phase is pull-back
have fun :)
XAU/USD For Bullishwait for pull-back near by entry point and then go long
general trend is up trend
have fun :)
EURUSD directional bias: BuyPrice has closed above a key 4h resistance level. Based on the higher timeframe direction, I am expecting price to continue upwards to the recent high (1.5568).
Please be aware that we have a USD Interest Rate release on Wednesday which could cause a lot of volatility in the market. Keep this in mind if you decide to trade this direction.
ETH Long term StrategyEthereum will not hold as this price due to BTC being bearish. Looking for long entry below 1625 and SL below the 1538.75 red candle. No money to be made going long. Trade responsibly. Enjoy
Short-term Short entry in about 12 hours (+Long term entry)I use a combination of Support resistances, FVG, Fib Retracements, trendline, 5 waves, etc.
To keep it simple... (I add more stuff later)
Short term:
Good possible short entry STARTING 95236-95808 to target 89k-88,547 (Using FVG & Support Resistance)
Long term:
Start looking for longs starting at 81283 - 77908 (SL has to be below the 78400 candle) More update for long term strategy later on...
Possible Bull trap Incoming (+Long term Position Strategy)Gold not about to sustain the current levels where it is at, Buy area for Gold: levels of 3016-3084 and then look for highs or ride the wave.
A good trader is to be patient, trade responsibly. Enjoy
GBPUSD Week 19 Swing Zone/LevelsHope y'all had a good weekend with your profits.
This week we go into a slight variation of our winning strategy and ask the question:
what if Retracement is not fixed at the Fib levels but dynamic?
And so whilst keeping the zone and primary values of 279/721, we mark 2 levels and the predicted price reaction around them.
As Always price action determines trades
Long trade
15min TF overview
ETHUSDT (Buy Side)
🗓 Date: Monday, 5th May 2025
⏰ Time: 2:30 AM
📍 Session: Tokyo AM
Pair: ETH/USDT
📈 Direction: Long (Buy Side)
Entry Details:
Entry Price: 1816.49
Take Profit: 1834.51 (+0.99%)
Stop Loss: 1814.37 (−0.12%)
Risk-Reward Ratio: 8.5
🔹 Trade Reasoning:
📌 Observed consistent buyside pressure building
📌 Price respected FVG
📌 Upside target: Asian High liquidity anticipating a sweep or range expansion.
