Community ideas
ETH Has Followed an 8+ Year Macro Chart — Why Wouldn’t It Again?Ethereum has respected this long-term trend structure for over 8 years.
Each major breakout, consolidation, and correction aligns almost perfectly with this macro pattern. Every time the crowd calls it dead, it coils, breaks out, and shocks everyone.
We’re now sitting at a familiar inflection point — just like in 2016 and again in 2020.
So ask yourself:
Why wouldn’t history repeat?
Why wouldn’t ETH make its next move from here?
Markets may change, but human behavior doesn’t. And this chart? It’s been whispering the same story for nearly a decade.
Don’t fade the cycle. 🔄
Bitcoin’s Next Big Move? Watch This Before It Happens!In today’s class, we broke down the next key Bitcoin setups. We analyzed past price action to help predict future moves, and we're patiently waiting for bullish continuation – but we’re also staying cautious of a possible range deviation from Monday’s high.
Stay sharp and be prepared for both scenarios!
Follow to stay on top if the curve.
Silver Bulls Breach Key Resistance – Momentum BuildsSilver (XAG/USD) has punched through a major horizontal resistance level around the psychological $35.00 mark, marking a significant technical breakout with bullish continuation potential.
🔍 Technical Highlights
Breakout Above Multi-Month Resistance: Price has cleanly broken above the key $35.00 zone, which had capped upside since late 2023. The breakout follows a tight consolidation range, suggesting a measured accumulation phase has ended.
Moving Averages Aligned Bullishly:
The 50-day SMA is rising sharply and sits well above the 200-day SMA.
Price is comfortably trading above both averages, confirming a strong uptrend structure.
MACD in Strong Positive Territory: MACD has surged above its signal line, reinforcing bullish momentum. No signs of a bearish crossover in sight.
RSI Enters Overbought Zone: RSI is currently near 70. While this signals strong momentum, it also raises the potential for short-term cooling or consolidation before any continued leg higher.
⚙️ Outlook
The breakout above $35.00 represents a major bullish development, potentially opening the door to further upside exploration. The impulsive nature of recent gains, combined with rising momentum indicators and trend-confirming moving averages, all favor the bulls. However, the overbought RSI suggests the possibility of a short-term pullback or sideways consolidation before the next move higher.
Traders may want to monitor for a potential retest of the $35.00 area as support, which could offer a higher-probability continuation setup within the broader uptrend.
-MW
GLAXO LONG TRADE 10-June-2025GLAXO LONG TRADE
Glaxo has shown significant movement on the 1D timeframe. After consolidating in a yellow channel, the stock broke out powerfully with an imbalance, completing the first wave at around PKR 442. It then entered a complex correction phase, forming a hybrid pattern consisting of a blue channel and a diverging channel (megaphone pattern).
Recently, the stock experienced a selling climax from mid-April to the first week of May, with its price falling to PKR 300. However, it quickly re-entered the consolidating blue channel. Volume distribution analysis indicates more buyers than sellers, suggesting an upward trend.
🚨 TECHNICAL BUY CALL – GLAXO🚨
- *Buying Level 1*: PKR 391 (current price)
- *Buying Level 2*: PKR 378
- *Buying Level 3*: PKR 360
- *TP1*: PKR 417
- *TP2*: PKR 459.6
- *TP3*: PKR 502
Stop loss below PKR 350.
Risk-reward ratio of 3.3
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
Usd/Jpy intra-day Analysis 10-Jun-25Sharing the possible scenarios we could have on Usd/Jpy.
Keeping in mind that the Volume is still slow since start of the week, and investors are waiting for the next set of important economic data which is starting tomorrow with the US CPI (inflation number).
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-par ty.
FTSE 100 Surges Towards Record HighFTSE 100 Surges Towards Record High
Today saw the release of new data on the UK labour market.
According to official statistics, the number of payrolled employees in the UK fell by 55,000 (0.2%) between March and April 2025. Over the broader period from February to April 2025, the number declined by 78,000 (0.3%).
In response to the drop in employment, the UK’s FTSE 100 index (UK 100 on FXOpen) jumped sharply, rising close to the 8,900 mark — near its all-time high reached in early March this year.
Market participants likely interpreted the weakening labour market as an additional argument in favour of interest rate cuts by the Bank of England. Such a move would be seen as supportive of the economy and a bullish factor for equities.
Technical Analysis of the FTSE 100 (UK 100 on FXOpen)
From a technical perspective:
→ The FTSE 100 continues to trade within an ascending channel (shown in blue);
→ Today’s bullish momentum broke through the resistance line from below — a level that had previously capped the upward movement within the channel.
If the bulls can maintain the price above the 8,860 level, the likelihood increases for a continued uptrend and a potential new all-time high for the FTSE 100 index.
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.
L&T Finance : In a Buy trajectory on a Monthly time frame L&T Finance : In a Buy trajectory on a Monthly time frame .
Trying hard to stay above and clear major the Red Band resistance.
Rs. 200+ would be an important milestone.
( Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
Usdjpy|| — the next move could be explosiveUSD/JPY
Timeframe: 2H
Strategy: Elliott Wave + Triangle Pattern + Fair Value Gap (FvG)
Formation: Contracting Triangle – Wave (a) to (e)
Risk-Reward: High Conviction Setup
Status: On the verge of breakout
🔍 Technical Breakdown:
The chart shows a classic contracting triangle pattern with completed internal waves (a)-(b)-(c)-(d)-(e).
Price is reacting near wave (e), signaling a potential bullish breakout.
A clean Fair Value Gap (FvG) zone lies just below current price — possible last dip before the breakout surge.
Target zone = 148.874, derived from the triangle's height projected from breakout point.
Strong confluence with liquidity hunt below before expansion move.
🎯 Target: 148.874
🛑 Stop Loss: Below 142.738 (SI Level / structural low)
🟢 Entry Trigger: Breakout above trendline + retest confirmation or Smart Money entry at FvG
This setup aligns with Elliott Wave triangle theory, often seen before sharp impulse waves. Smart Money is likely filling orders in the FvG zone before the upward expansion.
Buying opportunity for COINSince the news on May 13, COIN has slumped with the rest of the crypto market. It appears to be consolidating and has shown promise since the large drop last Thursday. With Bitcoin appearing to approach the highs once again after retracing to the 0.3 level, there is a good chance COIN may reach the 350 level or beyond in the near future.
GBP/USD - confirmation with VWAP On GBP/USD , it's nice to see a strong buying reaction at the price of 1.33240 .
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
VWAP + Uptrend and High volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
TURBOUSDT 1D#TURBO — Ready to Explode? 💥
#TURBO has formed a Megaphone Pattern on the daily chart, and a golden cross looks set to form soon — a strong bullish signal.
A breakout above the pattern resistance could trigger a massive bullish wave. If that happens, the targets are:
🎯 $0.006371
🎯 $0.007918
🎯 $0.009466
🎯 $0.011670
🎯 $0.013561
⚠️ Always use a tight stop-loss to manage risk and protect your capital.
Intro to my python-tradingview strategyAfter three years working on multiple trading strategies, I decided to share my experience and my trades. But before going live, I think I need to explain the roadmap I’ve followed so far.
I initially started coding my strategy in PineScript, which is a powerful tool. It allowed me to simply code my ideas and turn them into trading signals using alerts and conditions. I’m sure you’ve already watched dozens of YouTube videos on how to use webhooks and TradingView to send signals to your trading platform. Anyway, I began developing my strategy in Pine and used webhooks to connect to Tradovate. I went live after a few months of testing—which, of course, was my first mistake. In January 2022, my algo went live. I traded on a strategy that was just tuned on seen data, manually flipping parameters to maximize PnL—a purely overfit model—and I went live with real money. Anyway, the first month was positive and I thought I was the best trader in the world. I even told my wife we were going to be rich, like nothing could stop us. But after three months of trading, I lost—obviously. It was a bummer, but I knew where the problem was: lack of proper backtesting.
So that was the moment I moved my code to Python. It took me a couple of weeks to build an end-to-end backtesting framework in Python. I used Backtrader as a backtesting tool, which is awesome. I’ll have some videos soon to explain more about that. Anyway, moving my code to Python gave me the luxury of backtesting and creating rolling walk-forward optimizations, allowing me not only to refine my strategies but also to test them on 5–6 years of historical data.
Long story short, working with Python enabled me to come up with five different strategies for NQ and ES. I plan to share those trades, but before that, I thought I should share my journey first.
Please leave comments and follow my channel. More to come.