B&M European Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# B&M European Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey
* 012345 Wave Set Up | Channel & Retest Area | Subdivision 1
- Triple Formation
* (Downtrend Argument)) | Short Set Up | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Logarithmic Settings
- Position On A 1.5RR
* Stop Loss At 281 GBP
* Entry At 265 GBP
* Take Profit At 238 GBP
* (Downtrend Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Pennant
GOLD - Price can bounce up from pennant to $3100 pointsHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊
Price sometimes declined inside the falling channel, where it broke support level and fell to the channel's support line.
Then it turned around and rose to support area, some time traded near and later continued to move up.
Gold broke $2935 level again and soon exited from channel also, after which continued to grow in pennant.
In pennant, price reached $3055 level, which coincides with resistance area and tried to break it, but failed.
After this, price corrected to support line of pennant and then started to grow, and now it trades near $3055 level.
In my mind, Gold can bounce up from support line of pennant to $3100, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Euro can exit from pennant and rebound up from support areaHello traders, I want share with you my opinion about Euro. The price was previously trading inside an upward channel, where it consistently rebounded from the support line and moved toward the resistance line. After a final bounce from the lower boundary, EUR made a strong breakout and exited the channel, triggering a powerful bullish impulse. This move brought the price directly to the current support level at 1.0745, which overlaps with the support area. After reaching the local high, the price turned around and entered a correction phase, forming an upward pennant pattern. Inside this structure, we can see how EUR respected both the resistance line and the rising support line of the pennant. Recently, the price rebounded from the support line again, showing signs of strength near the support area, and is now consolidating at the edge of the pennant. This setup often signals an upcoming breakout. I expect the price to break above the resistance line of the pennant and continue its bullish move toward TP1, which is set at 1.0950 points. Please share this idea with your friends and click Boost 🚀
Euro can drop to 1.0650 points, breaking support levelHello traders, I want share with you my opinion about Euro. Earlier, the price was moving inside a range, bouncing between the boundaries and forming a buyer zone near the lower support area. After several rebounds, EUR started to grow and eventually broke out from the range, making a strong upward impulse. The growth continued with a breakout through the support level, which later turned into a support area. From there, the price continued its bullish trend, but after touching the resistance line, it turned around and entered a correction phase. Over the last few sessions, Euro has been forming a pennant pattern, trading between the resistance line and the support line. Now the price is consolidating near the apex of the pennant, showing weak momentum. I expect a false breakout to the upside, followed by a sharp decline from the resistance line. In this scenario, the price would likely break through the current support area and move toward the 1.0650 points - this is my TP1. Given the recent price structure, the correction phase, and the weakening bullish pressure, I remain bearish and anticipate further decline. Please share this idea with your friends and click Boost 🚀
Bitcoin may rebound up from pennant to 90K pointsHello traders, I want share with you my opinion about Bitcoin. Not long ago, BTC was trading inside a wide range, where the price moved sideways and eventually touched the resistance line, from which it turned around and began to fall. After the decline, BTC exited the range, breaking through the lower boundary and sharply dropping to the support level, which aligned with the buyer zone. From there, we saw a quick impulse up, but this movement faced strong resistance inside the seller zone, where a fake breakout occurred — price briefly moved above but then sharply reversed and began another decline. As BTC continued to decline, it formed a downward pennant pattern. Within this structure, we can clearly see how the price respected both the resistance line and the support line of the pennant, bouncing up from the lower boundary several times. The most recent bounce came again from the buyer zone, indicating that bulls are still defending this area. At the moment, BTC is consolidating near the tip of the pennant, and I believe there’s a high probability of an upcoming breakout. My base scenario assumes that we could see one more minor pullback toward the support line, followed by an upward breakout from the pennant. If that happens, the price may reach the 90000 points, which I consider as TP1. Please share this idea with your friends and click Boost 🚀
STRONG REVERSAL COMMING FROM NEW ATH ALERT!📈 Description:
This is a 2-hour timeframe analysis of Gold, the market is currently consolidating between a strong support zone 📉 and a weekly high resistance level 📈. Two possible breakout scenarios can be expected:
✅ Bullish Scenario: If the price holds the strong zone at 3028 and gains momentum, it may break out above the weekly high 🚀.
❌ Bearish Scenario: If the price breaks below this strong support zone i.e 3028, it could trigger a downward move toward a lower support level 📉.
👀 Traders should watch for breakout confirmations before entering trades! 📊📉📈
follow risk management
BTC: Capture buying opportunities accurately📍Fundamentals: From a macro perspective, with increased government endorsement, cryptocurrencies are gaining greater credibility and popularity in the market.
📍Technical Analysis:The downward momentum of BTC is showing signs of exhaustion, with multiple rebounds forming a structural bottom that provides strong support. Overall, the bullish trend remains intact. The key support zone to monitor is 83000-82000.
📌If BTC fails to break below this level in the short term, a rebound is likely, with upside potential targeting the 88000-89000 range.
🔎Trade Idea:
BTCUSD: Buy at 83000-82000
Target (TP):88000-89000
Stop Loss (SL):Adjust according to risk tolerance.
📩Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
The THETA chart sure has a story to tell!*"Here is a copy of my latest THETA chart, which I recently covered. There is a lot of information to be discovered simply by looking at it and drawing the proper conclusions. This will be one to watch as we move forward into the 'April flash crash' thesis I have been widely discussing.
Even if it doesn't materialize as I've theorized, there are still some interesting developments that could be coming regarding the future of this asset.
Good luck, and always use a stop loss!
Another look at the wedge/pennant I just postedI decided to do a second chart idea on the pennant I posted in the last chart, this tme including the super pivotal support trendline and moving the emasured move line to the point that support line crosses over the top trendline of the wedge. Will be interesting to see if either of these measured move line projections from this dea and the last one play out. *not financial advice*
Falling Wedge/Pennant on BitcoinThe full wedge extends all the way into August. I certainly hope we break up from it well before then. I place the measured move line around where I think we old break upward from if we can flip the 200ma back to solidified support. It of course could actually take much longer to break up from the wedge but even if it did the lowest price of the wedge is really not that terrifying in my opinion and would instead just be a phenomenal buying opportunity if we were allowed to accumulate mote that cheap. Because of other major supports not shown here however going below 70k for anything but an extremely brief wick seems an incredibly low probability. *not financial advice*
XAUUSD still hoping for retracementThis is an update to my related chart (see link below)
Update:
Gold is rising quickly. I am still hoping for a retracement. I have updated my entry positions to:
First Entry: 3023.365 which is in the middle of a new support level on the 1hour chart. Using Fib on the Bullish Pennant target, this entry is at the 0.5 level.
Second Entry: 3012.392 which is within a support area as well. Using Fib on the Triangle target, this entry is just below 0.618 level.
XAUUSD small retracement then longI see two outstanding targets from a previous Triangle and a Bullish Pennant on the 1hour chart.
Right now Gold keeps hitting a soft resistance block.
First Entry at 3,009.388 near 0.5 Fib
Second Entry at 2,998.41 between 0.618 and 0.786 Fib
Risk to Reward: 3.15
Gold remains bullish.
In support:
Name Simple Exponential
MA5 3020.87 Buy 3020.99 Buy
MA10 3015.91 Buy 3016.22 Buy
MA20 3007.51 Buy 3009.40 Buy
MA50 2996.65 Buy 2995.01 Buy
MA100 2972.48 Buy 2977.08 Buy
MA200 2941.12 Buy 2953.95 Buy
Market Trading is risky. The above is just my idea and you should do your own analysis before comparing it with mine. Never risk more than you can afford to loose.
Good Luck!
#1000CHEEMSUSDT is setting up for a breakout Long BINANCE:1000CHEEMSUSDT.P from $0,0014000
🛡 Stop loss $0,0013740
1h Timeframe
⚡ Plan:
➡️ POC is 0,0013254
➡️ Waiting for consolidation near resistance and increased buying activity before the breakout.
➡️ Expecting an impulsive upward move as buy orders accumulate.
🎯 TP Targets:
💎 TP 1: $0.0014380
💎 TP 2: $0.0014700
🚀 BINANCE:1000CHEEMSUSDT.P is setting up for a breakout—preparing for an upward move!
Gold (XAU/USD) Chart Analysis**Gold (XAU/USD) Chart Analysis**
📌 **Current Price:** $3,014.41
📊 **Chart Pattern:** Uptrend with Higher Highs & Higher Lows
🎯 **Short-Term Target:** $3,020
**🔹 Key Levels:**
- **Support:**
- $3,012 (7 EMA)
- $3,008 (21 EMA)
- $3,003 (50 EMA)
- **Resistance:**
- $3,015 (Immediate)
- $3,020 (Psychological Level)
**✅ Trade Setup (Scalping Strategy):**
- **Entry:** On retracement near $3,012 (7 EMA)
- **Stop-Loss:** Below $3,008
- **Take Profit:** $3,020
📢 **Gold is in a strong uptrend. Bullish momentum remains intact unless price drops below $3,008!** 🚀
WELCOME 3000 GOLD WILL GOLD MARK NEW ATH AGAIN!🔥 Attention Traders! 🔥
XAUUSD is heating up! Here's the latest analysis:
🔻 Bearish Setup: Watch for a potential decline if the price breaks below 2979-3003. Key targets: 2960 & 2945.
🔺 Bullish Setup: A breakout above 2911 could signal buying opportunities! Keep an eye on these targets: 3015 & 3030.
📉 Risk Management: Always protect your capital by setting stop-losses and adjusting position sizes based on your risk tolerance. Trading with discipline is key to success!
📊 Stay Engaged: Share your thoughts and strategies as we navigate through this volatile market. Let’s aim for new highs while managing risk effectively! 💵🚀