09.05.25 Morning ForecastPairs on Watch -
FX:EURCAD
FX:USDCHF
FX:EURUSD
FOREXCOM:COFFEE
Heads up guys!! I will be heading to Greece today so next week my morning forecast videos may not be as consistent, due to internet and just not having my full equipment, so I will do my very best to get some forecasting posted for you all!
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Patterntrading
Netflix - The bulls just never stop!Netflix - NASDAQ:NFLX - is insanely bullish now:
(click chart above to see the in depth analysis👆🏻)
The entire stock market basically collapsed during April. Meanwhile, Netflix is creating new all time highs with a +20% parabolic bullish candle. Looking at the chart, this strength is very likely to continue even more until Netflix will (again) retest the upper resistance trendline.
Levels to watch: $1.400
Keep your long term vision!
Philip (BasicTrading)
Ethereum - The bottom is finally in!Ethereum - CRYPTO:ETHUSD - is starting the rally:
(click chart above to see the in depth analysis👆🏻)
Finally, after dropping an expected -65% over the past couple of months, Ethereum is retesting and already rejecting a significant horizontal structure. Together with the strong confluence of support, Ethereum is now creating a long term bottom, initiating the next bullish cycle.
Levels to watch: $2.000, $4.000
Keep your long term vision!
Philip (BasicTrading)
CYBER ANALYSIS🚀#CYBER Analysis : Pattern Formation
🔮As we can see in the chart of #CYBER that there is a formation Inverse Head And Shoulder Pattern and it's a bullish pattern. If the candle breaks and sustain above the neckline then a bullish move could be confirmed✅
🔰Current Price: $1.290
⚡️What to do ?
👀Keep an eye on #CYBER price action. We can trade according to the chart and make some profits⚡️⚡️
#CYBER #Cryptocurrency #TechnicalAnalysis #DYOR
-1% GBPAUD & +2.5% GBPCHF Trade RecapsTwo positions I took over the last 10 trading days, both 4H entries, one long and one short.
FX:GBPAUD Short -1%
FX:GBPCHF Long +2.5%
Top down analysis explained in the video and also my thought processes behind playing both entries as limit orders to maximise R:R and protect stops much better.
"Godshield’s Gold Play: Going Short or Waiting for ConfirmationThe XAU/USD M30 chart from April 27, 2025, at 08:57 AM WAT shows gold at $3,302.27, after a significant drop from $3,421.64 earlier in the session on April 26. The chart highlights a bearish move with multiple annotations—labels like "Sell," "PUT," "BOS" (Break of Structure), and "OB" (Order Block) indicate a strong downtrend. The price broke below a key level around $3,307, which aligns with a bearish order block labeled "Sell" and "OB," where sellers stacked orders. The "BOS" label shows a break of structure, confirming a bearish shift with lower highs and lower lows. The trendlines (red and yellow) form a descending channel, guiding price lower, with a recent test of the upper trendline around $3,316.98 before the drop.The question is: am I going short now at $3,302.27, or waiting for confirmation? Let’s run through my checklist. I start with harmonic patterns—while no specific XABCD structure like a shark is labeled here, the chart’s bearish momentum aligns with my earlier analysis of a bearish shark on April 25, suggesting the downtrend is continuing. Market structure confirms bearish continuation—the break of structure below $3,307 (labeled "BOS") shows sellers in control, with lower highs and lower lows on H4 and H1. The bearish order block around $3,307, marked "Sell" and "OB," is where smart money distributed, and price has reacted strongly after retesting this zone. Volume profile isn’t shown, but I’d expect high volume at $3,307, with a Fair Value Gap below acting as a magnet, likely near $3,293.66, as indicated by the chart’s price levels. Top-down analysis aligns—H4 is bearish, H1 and M30 confirm the downtrend, and I’m looking for an M15 retest of $3,307 as resistance for a sell. Heikin Ashi candles (though not visible here) are likely red, as the chart is titled "Heikin," supporting the downtrend. Fibonacci extensions (not drawn) from the high at $3,421.64 to the low at $3,293.66 point to a target near $3,289.46, the next support on the chart. Gann angles (implied by the trendlines) align with this target. MACD and RSI aren’t shown, but based on my system, I’d expect a bearish crossover with a negative histogram and RSI below 50, likely showing bearish divergence at the $3,316.98 high. Risk management is set—sell at $3,307, stop-loss above the recent high at $3,316.98, take-profit at $3,289.46, giving a 1:2 reward ratio. News and liquidity traps are clear—no fake spikes above $3,307 yet, though I’m watching for them, especially with the volatility noted earlier this week (gold hit $3,499.99 on April 22, per my previous chart).Given this setup, I’m going short now at $3,302.27. The price has already retested the $3,307 order block and rejected it, as shown by the "PUT" label and the drop to $3,302.27. Waiting for confirmation isn’t necessary here—the break of structure, order block rejection, and bearish momentum are my green lights. My target’s $3,289.46, with a stop-loss at $3,316.98, locking in a solid risk-reward ratio. I’ve been refining this strategy for six months, backtesting like a beast, and I’m confident in this hunt. That said, I’ve missed momentum signals before—like on April 22 when I didn’t catch the RSI overbought signal at $3,499.99—so I’m staying sharp.The asker mentioned waiting for confirmation at $3,300, but that’s not a level on this chart. The closest support is $3,293.66, which aligns with my take-profit. Waiting for $3,300 might mean missing the move, as the bearish momentum is already in motion, and my target is below that level. If price consolidates or shows signs of reversal (like a bullish Heikin Ashi candle on M15), I’d reassess, but for now, I’m in.
What do you think, fam? Am I right to go short now at $3,302.27, or would you wait for a different confirmation? Drop your thoughts below—I’m curious to hear how you’d play this XAU/USD setup! If you’re one of the two ready to join me at Academia for Forex Trading, let’s talk—we’ll hunt these markets together. And while you’re at it, check out Icon Collections Store—does RiverSide, Desire, or Icoca vibe with your trading energy? Let me know!
Bullish Breakout on NAS100 – Momentum ShiftingNASDAQ 100 (US100) – Bullish Setup Developing
1. Falling Wedge Breakout:
Price has broken out of the falling wedge (purple trendlines), signaling a potential reversal to the upside.
2. Retesting Breakout Zone:
Current price action is retesting the breakout level near the 18,000 zone, indicating potential support forming.
3. Trendline Confluence:
The breakout aligns with the lower boundary of the broader ascending channel (blue), acting as dynamic support.
4. Strong Bullish Rejection at Lows:
Price showed strong buying interest near 17,700, forming a bullish rejection wick and bounce.
5. Clean Target Ahead:
Next key resistance zone lies around 18,540, where price may face selling pressure again – this matches previous structure and descending channel resistance.
6.Momentum Shift Noted:
Lower highs and lower lows structure has been invalidated, hinting at a possible trend shift.
Thanks for your Time..
GRASIMNSE:GRASIM
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Management and Risk Appetite.
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