Get started

Community ideas

Gold Analysis May 25⭐️Fundamental Analysis Market sentiment remained cautious on Tuesday due to concerns over Trump tariffs and Nvidia's upcoming earnings report. The US dollar continued to hold its strength on risk-off sentiment, limiting gold's gains. However, gold prices remained supported by falling US Treasury yields and rising trade war risks. Bond yields fell on a strong auction and weak PMI data, raising expectations that the Fed will cut interest rates twice this year. Meanwhile, trade tensions escalated as the Trump administration considered tightening controls on chip exports to China. ⭐️Technical Analysis Gold prices are still operating in a wedge of 2928 and 2952. The 2958 zone is also quite easy to create a false ATH. 2968-2970 acts as the most important resistance for Gold at the moment, which is considered the weekly resistance level. Watch out for gold falling, there could be a deep drop to 2906-2900.
OANDA:XAUUSD
by TVS-Trader
Has Bitcoin's downtrend begun?Recent Downtrend: The price has dropped from around $99,000 to approximately $86,000, indicating significant selling pressure. The Kijun-sen (red Ichimoku line) is trending downward, and the price is below the Kumo cloud, confirming a bearish trend. Ichimoku Cloud: The future cloud (Senko Span A and B) is wide and bearish, indicating strong resistance at higher levels. The Tenkan-sen (blue line) is below the Kijun-sen, which is a sign of market weakness. HARS Indicator: It is in the oversold area, which could signal a temporary correction or rebound. If a bullish divergence appears, there is a chance of short-term price recovery. Conclusion: ✅ The overall trend is bearish, but due to oversold conditions, a short-term pullback or correction is possible. ✅ If the price stabilizes above $89,000, we could see a move towards $92,000. ❌ A break below the $85,000 support level could lead to further declines towards $82,000 or even $72,000. I'm in a short position for the short term and will definitely set my stop-loss around $89,000. Wishing you success and profitable trades!" 🚀
Short
by SamBlue
Time To Hunt Bitcoin - Buy from Support to Major ResistanceThe setup focuses on buying from strong support zones and riding the price up to multiple take-profit targets. Entry Strategy: Entry 1: Around $84,910.7, which aligns with a key support zone. Entry 2: Around $78,430.4, a deeper support level in case of further downside. Risk Management: A stop loss at $65,523.5 ensures capital protection in case of a breakdown below major support. Take Profit Levels: Take Profit 1: $99,009.6 – First resistance area where partial profits can be secured. Take Profit 2: $106,102.9 – A key level where momentum may slow down. Take Profit 3: $110,919.3 – The final target in case of a strong bullish rally. Trade Scenario: Bullish Case: If price holds above Entry 1, a bounce towards Take Profit levels is expected. Bearish Case: If price drops below Entry 1, the next support (Entry 2) offers another buying opportunity. Stop Loss Activation: If BTC drops below $65,523.5, the trade is invalidated, preventing further losses. This trade plan follows a risk-reward approach, focusing on capital preservation while targeting high-probability reversal zones. OKX:BTCUSDT.P BINANCE:BTCUSDT BINANCE:BTCUSDT BITSTAMP:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD
Long
by SCALPOO
GBPAUD Set To Fall! SELL! My dear friends, Please, find my technical outlook for GBPAUD below: The price is coiling around a solid key level - 1.9973 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.9888 Safe Stop Loss - 2.0024 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Home Depot Faces Uncertain 2025: Dips 2.20% in Premarket Home Depot (NYSE: NYSE:HD ) has set a cautious tone for 2025, forecasting a decline in annual profit and lower-than-expected same-store sales growth. The home improvement giant is grappling with weakened demand for big-ticket renovations as high borrowing costs and economic uncertainty weigh on consumer spending. Despite a strong holiday quarter, the company’s outlook has spooked investors, leading to a 2.20% drop in premarket trading on Tuesday. Headwinds for Home Depot Home Depot’s recent earnings report highlights shifting consumer behavior. While discount-driven promotions boosted holiday sales, the broader trend reflects a pullback in large-scale remodeling projects. Customers are opting for smaller repair and maintenance activities instead of major renovations due to persistent inflation and high financing costs. The company expects fiscal 2025 adjusted earnings-per-share to decline by about 2%, starkly contrasting analysts' projection of a 4.6% growth. Annual comparable sales growth is forecasted at 1%, below the 1.7% analyst estimate. This weak outlook is further compounded by ongoing inflationary pressures and a volatile macroeconomic environment, with tariffs and federal spending cuts adding to consumer hesitancy. Despite these concerns, Home Depot reported a surprise rise in same-store sales of 0.8% in Q4, breaking an eight-quarter losing streak. Customer transactions jumped 7.6%, suggesting continued engagement, albeit at a lower spending level. However, customer visits declined by 3% during the quarter, signaling potential weakness ahead. Technical Analysis From a technical standpoint, NYSE:HD is struggling to hold support levels. The stock was already oversold at Monday’s close, with a Relative Strength Index (RSI) of 32, indicating selling pressure. Tuesday’s 2.20% premarket dip has pushed the stock below its one-month low support level, raising concerns about further downside. If bearish momentum persists, the next significant support level could be around $370. A break below this range may trigger additional selling pressure, leading to deeper corrections. On the upside, any recovery would need to push past resistance levels formed at the recent highs to signal a potential reversal. Conclusion Home Depot’s weaker-than-expected 2025 forecast underscores the broader economic slowdown and shifts in consumer spending habits. While the company saw a holiday sales boost, macroeconomic headwinds, inflation, and high borrowing costs continue to dampen demand for major home improvement projects. From a technical perspective, the stock is at a critical juncture. With oversold conditions and broken support levels, investors should monitor the $370 range closely. Any further weakness could lead to a prolonged downtrend, while a recovery above key resistance levels would indicate renewed bullish sentiment. As Home Depot navigates an uncertain economic landscape, the coming months will be crucial in determining whether it can stabilize and reclaim investor confidence.
NYSE:HDLong
by DEXWireNews
SOLUSD Weekly Outlook: Bullish Cypher PatternOverview On the weekly timeframe, BINANCE:SOLUSD has shifted gears since our last analysis. Previously, we flagged a bearish divergence—higher highs in price paired with lower highs on the DMI Delta—hinting at weakening momentum. Price has since declined, and now it’s tapping into a key demand zone, completing what appears to be a Bullish Cypher harmonic pattern. Why This Matters Bearish Divergence Played Out : The prior divergence signaled fading bullish pressure, and the subsequent drop brought SOLUSD from its highs into this demand zone—a textbook pullback scenario. Bullish Cypher Completion : The pattern’s structure is taking shape: X-A (initial up move), A-B (~38.2%-61.8% retracement of X-A), B-C (~113%-141.4% extension of A-B), and now C-D targeting a 78.6% retracement of X-C. The D point aligns with this demand zone, marking a Potential Reversal Zone (PRZ). Demand Zone Test : This level has historical buying interest. If it holds, it could validate the Cypher and spark a reversal. Key Considerations Watch the PRZ : The 78.6% X-C retracement (~D point) is critical. To confirm a bounce, look for reversal signals like a bullish candle, volume surge, or RSI/DMI Delta divergence. Lingering Divergence Risk : While the drop aligned with the prior bearish signal, momentum remains a question. Cross-check with volume or DMI trends before committing. Risk Management : For longs, set stops below the demand zone. If shorting a breakdown, target the next support level from prior lows. Upside Potential : A confirmed Cypher could push the price toward the 38.2% or 61.8% retracement of the C-D leg—map these targets on your chart. Conclusion The recent decline in BINANCE:SOLUSD following our bearish divergence call has set the stage for a Bullish Cypher at this demand zone. If buyers defend this level with conviction, the pattern could drive a meaningful reversal, invalidating the prior bearish pressure. However, a failure to hold here might extend the correction. Traders should monitor price action and volume at the PRZ for the next actionable signal.
BINANCE:SOLUSDLong
by J_O_S_E_