BITCOIN / UNDER UPWARD PRESSURE / 4HBITCOIN / 4H TIME FRAME
HELLO TRADERS
Demand Zone (Support): 67.435 - 66.457
• Above this Zone: As long as the price remains above this range, it suggests a higher likelihood of a bullish trend, with potential to move upward.
• Potential Target on Stability Above: If prices stabilize above this demand zone, it may attract buyers, leading to an upward movement toward the supply zone.
Supply Zone (Resistance): 71.484 - 72.916
• Upside Potential: Should the price continue to rise after holding above the demand zone, it may reach this supply zone. This area could act as resistance, where selling pressure might increase.
Downside Risk and Confirmation of Downtrend:
• Break Below Demand Zone (66.457): If prices fall below the demand zone, it could signal the start of a decline, with a potential target around 65.320.
• Break Below 65.320: A drop below this level would further confirm a downtrend, suggesting stronger bearish sentiment.
Trend Confirmation:
• Uptrend: Stabilizing and maintaining price levels above the demand zone supports a bullish scenario.
• Downtrend: Breaking below 65.320 would confirm a downtrend, indicating a bearish
Supply_and_demand
NAS100USD / UNDER UPWARD PRESSURE / 4H NAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Status:
Prices have increased and hit a target with a +175 pip profit.
Prices are now approaching a demand zone (an area where buying interest might be strong enough to prevent further price declines).
Demand Zone Stabilization:
If prices stabilize in this demand zone, there is potential for further upward movement towards a supply zone (an area where selling interest could cause a reversal).
Key Supply and Demand Zones:
Supply Zone: Between 20,188 and 20,300. If prices rise and break through this level, it may confirm an uptrend and lead to further gains ,Primary Demand Zone , Between 19,963 and 19,735. A break below this level would suggest a downward movement, potentially heading towards the next demand zone , Secondary Demand Zone , Between 19,515 and 19,366. This is likely the next area where prices could find support if they fall through the primary demand zone.
Overall Market Trend:
The market is currently under upward pressure, indicating a bullish bias.
For a confirmed uptrend, prices need to break through the supply zone (20,188-20,300).
For a confirmed downtrend, prices would need to break below the demand zone (19,963-19,735).
Sell EUR/GBP Channel BreakoutThe EUR/GBP pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.8392, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.8340
2nd Support – 0.8305
Stop-Loss: To manage risk, place a stop-loss order above 0.8422. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USOIL / TRADING IN SENSITIVE AREA / 4HUSOIL / 4H TIME FRAME
HELLO TRADERS
Current Price Context:
• The price is currently trading within a supply zone defined by the levels of 72.30 and 71.47. This suggests that there is significant selling pressure in this range.
Scenario Analysis:
• First Scenario (Bullish): If the price breaks above the supply zone (specifically, if a 4-hour candle opens above this range), it is expected to rise towards a higher supply zone between 75.37 and 76.16. This indicates a bullish outlook if the resistance level is overcome.
• Second Scenario (Bearish): If the price breaks below the supply zone, it suggests a decline towards a demand line around 69.66, with potential further drops to levels at 68.12 and 66.78. This indicates a bearish outlook if the support level is broken.
General Market Condition:
• The overall sentiment is described as being under “upward pressure,” suggesting that, despite the current resistance, there is a prevailing bullish trend or sentiment in the market.
EURUSD / TRADING UNDER UPWARD PRESSURE / 4HEURUSD / 4H TIME FRAME
HELLO TRADERS
Current Movement to Supply Zone (1.092 - 1.095):
• Prices are attempting to reach a supply zone between 1.092 and 1.095. This level acts as potential resistance where sellers may enter, potentially halting further upward movement.
Potential Decline to Demand Zone (1.085 - 1.083):
• If prices face resistance near 1.092 - 1.095, they might pull back to the demand zone between 1.085 and 1.083. This demand zone represents a level of support where buyers might enter, stabilizing prices.
Outlook if Prices Stabilize Above 1.085 - 1.083:
• Stabilization above this demand zone suggests an opportunity for prices to increase. The next target is another supply zone between 1.101 and 1.104, which could act as a new resistance level.
Risk of a Decline if Demand Zone is Broken:
• If prices break below the demand zone (1.085 - 1.083), it signals potential for further decline to a lower demand zone (1.079 - 1.076). A break below 1.076 would likely confirm a downtrend.
Trend Confirmation Based on Zone Breaks:
• Breaking the supply zone (1.092 - 1.095) would signal an uptrend, while a break below the demand zone (1.079 - 1.076) would confirm a downtrend.
AUDUSD. Trading opportunityHello traders and investors!
On the daily time frame, there has been a sideways range since August 24 (with point 4 formed). The lower boundary is 0.63478, and the upper boundary is 0.6942.
The seller's vector 5-6 within the range on the daily time frame has reached the target of 0.65604. The buyer has halted the downward movement and is trying to start their vector 6-7 with a potential target of 0.67985.
If we think not in terms of the range, but how the last buyer’s impulse, which started at 0.63478, traders have gathered volume below the 50% level (0.66278) of this impulse, which may indicate an attempt to reverse the price upwards.
We should pay attention to how the price interacts with the 0.6622 level. This is the start of the buyer’s last sub-impulse (which nearly coincides with the 50% level of the last impulse!).
If the buyer manages to break through this level and defend it, this accumulation below the level will provide good fuel for an upward move, and long positions can be sought.
If the seller defends the 0.6622 level, it makes sense to wait for the buyer’s next attempt to reverse the price on the daily time frame, as searching for short positions in the buyer’s context area is risky.
Short positions can be looked for on lower time frames, with lower time frame targets and considering the contexts of both the higher and lower time frames.
A medium-term forecast can be found in the related post.
Good luck with your trading and investments!
Oct.29-Nov.04(ETH)Weekly market recapLast Friday, the non-farm payroll data fell significantly short of expectations, leading to a substantial increase in interest rate cut anticipations. The price of ETH surged before retreating, with the majority of traders attributing the disappointing data to the impact of the hurricane, as the market response was less than favorable.
Currently, the differing expectations regarding monetary policy and future inflation between the two candidates in the U.S. election make the election outcome pivotal for the mid-term trajectory of BTC, while also impacting the price of ETH. Should Trump be elected, the promised favorable policies may come to fruition, increasing the likelihood of institutional investments in BTC, thereby enhancing its fundamentals as digital gold. Conversely, if Harris takes office, the SEC is expected to maintain its stringent stance on cryptocurrency regulations.
Last week, ETH experienced an initial rise followed by a decline, but the overall fluctuations were minimal, remaining within a consolidation range without any significant trend. The WTA indicator showed blue bars representing whales, which disappeared after Saturday, indicating a withdrawal of substantial capital. The ME indicator continues to reflect a bearish trend.
In summary, we anticipate that ETH may continue to oscillate this week. We maintain our previous resistance level at 2800 and support level at 2200.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Oct.29-Nov.04(BTC)Weekly market recapLast Friday, the non-farm payroll data fell significantly short of expectations, leading to a substantial increase in interest rate cut anticipations. The price of BTC surged before retreating, with the majority of traders attributing the disappointing data to the impact of the hurricane, as the market response was less than favorable.
Currently, the outcome of the U.S. presidential election is pivotal for the mid-term trajectory of BTC, given the differing monetary policy and inflation outlooks of the two candidates. Should Trump be elected, the promised favorable policies may come to fruition, increasing the likelihood of institutional investments in BTC, thereby enhancing its fundamentals as digital gold. Conversely, if Harris takes office, the SEC is expected to maintain its stringent stance on cryptocurrency regulations.
Last week, BTC experienced an initial rise followed by a decline, breaking through the resistance level to reach $73,590 on Tuesday. The WTA indicator showed the emergence of blue bars representing whales, but these disappeared after Saturday, indicating a withdrawal of significant capital. The ME indicator remains in a bullish trend.
In summary, we anticipate that BTC may experience considerable volatility this week. We have adjusted the resistance level to $74,000 and the support level to $67,000.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Market Movement:
• Prices initially dropped to a buy zone at around $2,728, where a buying opportunity was identified.
• After reaching this zone, the price increased, securing a profit of 145 pips.
Price Retesting and Stabilizing:
• The price is currently retesting the $2,728 level.
• If the price stabilizes above this level, it indicates potential upward momentum.
Upward Targets:
• If prices hold above $2,728, the next target range is a Fair Value Gap (FVG) between $2,756 and $2,772. This gap suggests potential for further gains if it’s reached and surpassed.
Demand zone and Downward Risks:
• If prices break below $2,728, they may fall to $2,710.
• Should prices decline below $2,710, further drops are expected, with a potential support or “demand zone” between $2,688 and $2,672.
Overall Market Sentiment:
• Despite potential downward corrections, the market remains under bullish pressure, indicating that the primary trend remains upward for now.
Sell AUD/JPY Bearish ChannelThe AUD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 100.25, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 99.48
2nd Support – 99.11
Stop-Loss: To manage risk, place a stop-loss order above 100.75. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
EURUSD. Selling opportunitiesHello traders and investors!
A detailed analysis of the currency pair can be found in the related post. A price drop to the 1.06011 level was expected.
Weekly Timeframe Analysis
On the weekly timeframe, the buyer's vector 7-8 is developing within the range. There was an attempt to resume buying from the buyer’s zone (green rectangle on the chart). The buyer’s bar with increased volume did not bring any results for the buyer: the bar’s closing price is within the seller’s bar with lower volume.
Daily Timeframe Analysis
On the daily timeframe, there was a manipulation of the level marking the beginning of the seller’s last impulse: a false breakout of the 1.08718 level aimed at gathering liquidity, followed by the price returning below the level. The buyer’s attack bar on this level has the highest volume among all buyer bars. The seller pushed the price back below the level, and a seller's zone was formed (red rectangle on the chart).
Summary
On the weekly timeframe, the buyer with increased volume failed to show results.
On the daily timeframe, there was a manipulation of the seller's last impulse level.
Priority: sales. Potential targets on the daily timeframe: 1.07821, 1.07612.
EURUSD BUYEURUSD had a rejection from support level and we have witnessed a double bottom on support level and also seen HH and HL pattern on H4 to H1 time frame also another confluence for being bullish over this moment of time is we have seen a fibonachi retracement of bearish move completed with 68% of retracement we are bearish over the pair from higher TF prespective but bearish on lower ones
XAUUSD H1 MARKET OUTLOOK AHEAD OF NFP REPORTPrice trades at 2749.28 ahead of the NFP report coming up later in the day. Price maintains a bullish-like structure and We may likely see price trade higher during the news release. We’re having a consensus that suggest worse than expected scenario for USD which will make gold trade more bullish
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Gold is trading under bullish pressure despite a recent pullback of 2.09%. This suggests that while there’s short-term weakness, the overall trend is still upward.
The analysis identifies a demand zone between $2,735 and $2,728, with a possibility for a dip to $2,710, which could serve as another support level. Should prices stabilize here, a bullish continuation is likely.
If gold fails to hold above $2,728 on a 4-hour closing basis, a further decline toward the next demand zone between $2,688 and $2,672 may be anticipated.
An initial upward target lies in the fair value gap (FVG) between $2,756 and $3,772. Above this, the analysis notes supply zones between $2,782 and $2,790, with an all-time high (ATH) of $2,810 as the next major resistance.
The strategy is a combination of support-resistance testing and close monitoring of 4-hour candles. Stabilizing above the lower zones suggests a bullish rebound, while a failure could lead to extended declines.
USDJPY / OVERALL UNDER DOWNWARD PRESSURE / 4HUSD JPY 4H TIME FRAME
HELLO TRADERS
Supply Zone (154.685 - 154.975), This range is seen as a resistance level where the price might struggle to break above, as sellers are likely to dominate. If the price stabilizes in this zone, it suggests that a reversal could occur, potentially leading to a decline.
Potential Decline to Demand Zone (150.331 - 149.075) , If the price reverses from the supply zone, the expectation is that it could drop to the demand zone, where buying pressure is higher, and the price might find support.
Downtrend Confirmation , For a confirmed downtrend, prices would need to break below the demand zone, signaling strong selling pressure and possibly more declines.
Uptrend Confirmation (157.135 - 157.873) , Conversely, if prices can break above the supply zone, it would signal a potential uptrend. The target in this case would be the next resistance zone, around 157.135 to 157.873.
NAS100USD / TRADING UNDER EARNING Q3 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Initial Achievement , Prices have reached a target with a profit of +350 pips, indicating successful movement in the predicted direction.
Current Trading Range , Prices are currently within a Fair Value Gap (FVG) between 20,549 and 20,410. An FVG is an area where liquidity may exist, so prices might experience some consolidation here.
If prices break below 20,146 (the demand line) and hold there, this would likely confirm a downtrend , A demand line often indicates support, where buyers might step in to prevent further drops.
Stabilizing within the FVG (above 20,410) suggests potential to reach 20,820 and further to 20,968 , If prices stabilize above the demand line, this would indicate strength and could push prices towards the target.
Overall Sentiment , The analysis concludes with an upward pressure bias, suggesting the analyst anticipates more bullish movement despite potential consolidation zones.
BTCUSDT. Selling and Buying StrategyHello traders and investors!
It’s time for a new analysis, as all the targets from the previous analysis have been reached, and the situation has changed.
Daily Timeframe Analysis
As a reminder, on the daily timeframe, a sideways movement was formed on March 5 (with point 4). The lower boundary is at 49,000, and the upper boundary is at 73,777.
The buyer's vector 10-11 has reached its target at 72,797. At the end of the vector, a buyer's bar with increased volume was formed. Just below, a buyer's zone appeared (green rectangle on the chart, with the upper edge at 69,519). The price is currently testing this buyer's zone. We are waiting for the buyer's reaction.
The seller's vector 11-12 is now relevant, with potential targets of 52,550 and 49,000. At the same time, there are some signs that the price could update the all-time high (ATH): The seller's vector 9-10 broke the lower boundary of the range (point 4), but vector 10-11 has not yet broken the upper boundary (point 7).
8H Timeframe Analysis
On the 8-hour timeframe, a sideways movement was formed on July 29 (with point 4). The lower boundary is at 49,000, and the upper boundary is at 71,997.
The buyer's vector 5-6 successfully broke above the upper boundary of the range. At the end of this vector, a buyer's bar with increased volume was absorbed by the seller, who formed a seller's zone at the upper boundary of the range (red rectangle on the chart, with the lower edge at 71,864).
The latest sub-impulse on the 8-hour timeframe started from the 65,596 level. A buyer's zone is located at the base of this sub-impulse (green rectangle on the chart, with the upper edge at 67,890). The price is currently testing the level of the previous sub-impulse's end at 68,850. We are waiting for the buyer's reaction.
The seller's vector 6-7 is now relevant, with potential targets of 52,550 and 49,000. However, there are also signs that the price may update the ATH: the configuration of bars and volumes within the buyer's vector 5-6 shows that key volumes are located at the base of the vector.
Summary
On both the daily and 8-hour timeframes, the buyer's vectors within the ranges have played out. The seller's vectors are now relevant. The seller has begun to resume activity, and the price has entered a contextual buyer's zone. At the same time, there are signs on both the daily and 8-hour timeframes that the price could update the ATH.
For this reason, it's advisable to look for short trades from the seller's zone protection on the 8-hour timeframe. It's also possible that the seller will form a seller's zone on the daily timeframe today if they absorb the buyer's bar from October 29.
Looking for long trades is reasonable from the buyer's zone protection on the daily or 8-hour timeframe, for example, in the 66,000–68,000 range.
Good luck with your trading and investments!
XAUUSD / UNDER UPWARD PRESSURE TO PUSH A NEW ATH / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Price Action , Gold prices are approaching an all-time high (ATH) near $2,790. The price is now testing a demand zone between $2,756 and $2,746.
If prices hold above or within this demand zone, there is potential for an upward move to the ATH of $2,790, with a possible extension to a new ATH of $2,810 if bullish momentum continues.
If the price breaks below this demand zone, it could drop to the lower demand zone between $2,735 and $2,728. A decisive break below this level might confirm a downtrend.
Overall Market Sentiment , Currently, the market exhibits upward pressure, with a generally bullish outlook as long as prices stabilize above or within the key demand zone.
Sell CHF/JPY Wedge BreakoutThe CHF/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 176.60, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 175.90
2nd Support – 175.30
Stop-Loss: To manage risk, place a stop-loss order above 177.30 This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
XAUUSD / OVERALL UNDER UPWARD PRESSURE / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
Current Trend and Demand Zone , After a price drop into a demand zone (between $2,733 and $2,727), the asset rebounded, yielding a 160-pip profit. The ongoing bullish pressure suggests further upward momentum.
Targets and Supply Zones , The price aims to reach $2,750 following a retest of the demand zone. Afterward, it may push into a supply zone ($2,754 to $2,758), with potential to hit a new ATH at $2,775 if the momentum continues.
Downside Risks , A breakdown below the current demand zone could indicate a decline towards a secondary demand zone ($2,722 to $2,717). A breach of this lower zone would confirm a shift to a downtrend.
NAS100USD / TRADING SUPPLY ZONE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Situation , Prices are in a supply zone, stabilizing between 20,418 and 20,522. This suggests a consolidation phase, where prices may move sideways as buyers and sellers are in balance.
Potential Decline , A possible decline could reach the demand line at 20,146. This level could act as a support, as buyers may step in if prices drop here.
The analysis indicates an overall bullish pressure, as long as prices remain above the demand line. A bounce here could signal buyers gaining strength, potentially pushing prices up toward the supply line at 20,820.
If the demand line at 20,146 breaks, further declines are anticipated, possibly bringing prices to a lower demand zone between 19,963 and 19,735. This scenario would suggest that bearish momentum is taking over.
Technical Analysis on Cloudflare (NET)Cloudflare ( NET ) experienced exponential growth between 2020 and 2021, followed by a sharp decline in 2022. This decline halted around a support level at approximately $40, which has been tested multiple times as a key level.
Recently, the stock broke through a significant volume area, also surpassing a key resistance level that had been tested multiple times in the past.
Bullish Scenario
Currently, it appears to be in a retest phase. If this level can hold as new support, the stock could continue its upward trend, with an initial target around $130.
Bearish Scenario
If the retest fails, as it did in April 2024, the stock may retrace toward the POC area, located around $60. A move below this key level would increase the likelihood of a further decline toward the critical $40 support, previously tested multiple times, where it could attempt to stabilize once again.