GBPAUD - Short Setup at Key Resistance LevelOANDA:GBPAUD is approaching a major resistance zone, an area where sellers have consistently stepped in, leading to notable reversals in the past. This level is marked by strong selling interest and historical price reactions, increasing the likelihood of a bearish move if sellers regain control.
The current price action suggests that if the pair confirms resistance through bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward the 1.99200 level. However, if the price breaks above this zone, the bearish outlook could be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Supply and Demand
Oil and Fuel Markets: Inventories, Imports, Supply ConstraintsCrude Oil Inventories Rise as Imports Decline: What It Means for Prices
Inventory Build and Supply Dynamics. U.S. crude oil PYTH:WTI3! inventories increased by 4.6 million barrels last week, bringing total commercial stockpiles to 432.5 million barrels. Despite this buildup, inventories remain 3% below the five-year seasonal average, signaling that supply constraints are still present in the market.
A key driver behind this inventory rise is the sharp decline in crude oil imports, which fell by 488,000 barrels per day (bpd) over the past week. This marks a significant shift, as the U.S. has increasingly relied on domestic production and exports to balance supply. Meanwhile, crude oil exports surged by 472,000 bpd, reinforcing the trend of strong outbound shipments despite fluctuating global demand.
Impact on Prices and Market Sentiment
Despite rising inventories, West Texas Intermediate (WTI) crude prices www.tradingview.com fell to $72.05 per barrel, reflecting broader market concerns over economic slowdowns and demand uncertainty. This represents an $8.60 year-over-year decline, indicating that supply pressures alone are not enough to drive prices higher.
The key question for traders is whether this inventory buildup will continue in the coming weeks. If imports remain low and exports persist at high levels, domestic supply could tighten, providing support for prices. However, if refinery demand weakens, further inventory accumulation may put additional pressure on WTI and Brent www.tradingview.com prices.
Gasoline and Diesel Market: Supply Squeeze and Demand Trends
Refinery Production and Inventory Shifts. U.S. refinery throughput declined slightly, with crude oil processing falling to 15.4 million barrels per day (bpd), down 15,000 bpd for the week. Refinery utilization stood at 84.9%, reflecting seasonal maintenance and potential market shifts.
Gasoline production CAPITALCOM:GASOLINE decreased to 9.2 million bpd, while distillate fuel output increased to 4.7 million bpd, suggesting stronger demand for diesel and heating fuels. However, inventories tell a different story:
• Gasoline inventories fell by 0.2 million barrels, leaving stocks 1% below the five-year seasonal average.
• Distillate inventories dropped sharply by 2.1 million barrels, now standing 12% below the five-year average.
• Propane inventories declined by 3.6 million barrels, though they remain stable compared to last year.
Demand Trends and Pricing Impacts
Over the past four weeks, total petroleum demand increased by 3.7% year-over-year, reaching 20.4 million bpd. Notably, gasoline consumption edged up 0.4% to 8.4 million bpd, while distillate demand surged by 14.2% to 4.3 million bpd, reflecting strong industrial and freight sector activity.
Retail gasoline prices rose to $3.148 per gallon yet remain $0.121 lower than a year ago. Meanwhile, WTI crude settled at $72.05 per barrel, down $8.60 year-over-year, as broader market concerns weighed on prices.
Chewy Inc 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
# Chewy Inc Stock Quote
- Double Formation
* (Area Of Value)) At 26.00 USD
* Trendline 1&2 | Entry Feature & Long Support | Subdivision 1
- Triple Formation
* (Uptrend Argument)) At 17.00 USD | Subdivision 2
* 0.786 Retracement Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument))
* 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 | Buy
Gold (XAU/USD) Potential Buy Opportunity | Technical AnalysisGold (XAU/USD) Chart Overview:
Gold (XAU/USD) is currently trading within a rising channel, respecting both the upward trend line and support line on the 1-hour timeframe.**
We observed a higher high (H. High) formation, which indicates strong bullish momentum.
Price recently retraced and is now testing the support level, creating a potential bounce setup for a long trade.
Technical Confluences for a Buy Entry:
1. Trendline Support: Price is currently testing the lower boundary of the upward trend channel, indicating a possible reversal.
2. Bullish Structure: Despite recent retracement, the overall trend remains bullish, favoring long positions.
3. Rejection & Recovery Potential: A rounded bottom formation (curved purple line) suggests a potential rebound towards higher levels.
4. Risk-to-Reward Ratio: A well-defined stop-loss is placed below the support level, while the upside target offers a favorable reward.
Trade Plan:
Buy Entry: Around 2,894
Stop-Loss: Below 2,865 (to protect against further downside)
Target: 2,960 (aligned with the trend's upper boundary)
If gold holds above the support zone and shows bullish confirmation, we expect a strong push towards 2,960. However, a breakdown below the support could invalidate this setup.
Must Follow Me For More Instrutions Share Your thoughs In Comments Section Thanks
Broad View on Bitcoin - FxDollars - 26/02/2025Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
The #1 Lesson From Professional Trading Let me tell you a story about how I got a professional cobbler to fix my back pack bag....
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When I boarded a bus leaving town, the strap on my back pack cut...it was on the right side at the bottom end.
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I felt sad.I noticed that the straps where starting to rip about 5 months ago.My elder brother asked to use my bag.
-
"Dont carry heavy things!"
I told him.
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About a 4 weeks ago he asked for my bag again.
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"Will you take it to the clobber?"
He suggested.
-
You see before today I took it to an amateur clobber about 4 years ago.
It was a "shoddy" job.
He fixed it in a nick of time .
I hated the way it was fixed the straps where put on in a "cock-eye" way
One strap was shorter while,the other side longer.
"As long as I can carry stuff"
I frustratly thought to myself.
Well today, I took it to a professional and he took about 40 minutes to fix it.
Why?
Because he had to undo the bad job that the amateur cobbler did 4 years ago,and then rework the straps to their normal lengths.
On both the right side and left side.
Am happy with the new fix.The back pack bag straps are at normal lengths now.
Listen the lesson is this.
👉 Professional Trading Takes Time To Learn- Just like it took time for a professional cobbler to fix my bag.
It won't be easy in the beginning but if you keep practicing one day you will be a professional trader.
This chart CAPITALCOM:AUDNZD
Follows the 3 Step-Rocket Booster Strategy:
1️⃣ The Price has to be above the 50 EMA
2️⃣The Price has to be above the 200 EMA
3️⃣The Price has to Gap up
The last step is confirmed on a candlestick pattern called "the rising 3 soldiers"
This is according to Steve Nissan's Book Japanese Candlestick Patterns
Which is Where I learnt it from.
After a recommendation from Tim Sykes
If you want to learn more 🚀 Rocket Boost This Content
Trade safely.
Disclaimer ⚠️ Trading is risky please learn Risk Management And Profit Taking Strategies.Also feel free to use a simulation trading account.
Go long crude oilDear Traders,
Currently, crude oil continues its downward trend, though the pace of its decline has moderated, showing signs of bottoming out. Moreover, oil has now pulled back to the critical support zone around the 68 level. Should oil fail to decisively break below this support, a technical rebound could occur at any moment. Additionally, with oil’s relatively low valuation, it becomes increasingly attractive in the market.
For short-term trades, I favor initiating long positions on crude oil, with an initial target of a rebound toward the 69.5-70.5 zone, which seems well within reach.Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
Lets Buy to Short Just Spotted this and decided to share here.
If you're Interested in the buy to our draw on liquidity which is actually our inducement for our main short term sell, then you're very free to join !.
like I will always state, use proper risk and money management and do not over-leverage your account.
Good RRR, our stop is less than 35 pips and our TP level is just above 200 pips.
IS USDJPY HAVE BUY SIDE LEQUIDITY?USDJPY is Sweep Buy Side Lequidity now sell side Lequidity Rest In Upside Market Will Go And Hunt These Lequidities That I Mentioned In Chart Be Patience Be Discipline With Your Strategies Without Knowing Market Behaviors Not Put Your Harder Money.
This Is Analysis Not A Financial Advice DYOR.
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
WOW.. What a week so far n Gold and it's only Tuesday! We wanted price to go up, we got the move upside completing most of the bullish targets, we then wanted to see a reversal from that higher level, we were 30pips short but updated traders with the change of bias as bearish below and gave the targets, which were all COMPLETED! Not just the targets, we've smashed over 200pips on the indicators trading this on the move from the RIPs.
Now as you can see we've bounced support on the lower swing which flips resistance into the 2910 and above that 2920 regions which is where we would ideally like to see price attempt for completion of the retracement. If we can RIP there, we may see another opportunity to short again. For now, the longs need to be protected and managed if you're in from below.
KOG’s Bias of the day:
Bearish below 2955 with targets below 2930✅, 2924✅, 2920✅ and below that 2910✅
Bullish on break of 2955 with targets above 2965, 2970 and above that 2974
RED BOXES:
Break above 2940 for 2943, 2945 and 2950 in extension of the move
Break below 2929 for 2927✅, 2922✅ and 2910✅ in extension of the move
KOG’s bias of the week:
Bullish above 2920 with targets above 2945✅, 2949✅. 2952✅ 2955✅ and above that 2970
Bearish below 2920 with targets below 2916✅, 2910✅, 2906✅, and below that 2898✅
RED BOX TARGETS:
Break above 2943 for 2947✅, 2950✅, 2955✅, 2962, 2966 and 2977 in extension of the move
Break below 2930 for 2923✅, 2920✅, 2910✅, 2906✅ and 2899✅ in extension of the move
As always, trade safe.
KOG
XAUUS Analysis Looking Selling OpportunityXAUUS Selling opportunity Selling opportunity Appears in H4 Time Frame Looking Price Action for Long Term Sell
"DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by Carefully Considering your Financial Situation.
Rea Group 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
# Rea Group Stock Quote
- Double Formation
* A+ Set Up)) At 180.000 AUD
* 012345 Wave Feature | Completed Survey | Subdivision 1
- Triple Formation
* (Uptrend Argument)) | Entry Bias & Configuration | Subdivision 2
* 0.786 Retracement Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument))
* 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 | Buy