Supply and Demand
USDZAR Bearish Optimism.Hi there,
On USDZAR, it seems that we don't have much upward momentum left, do we? The price has reached the highs of the 19.31-19.55 area, and we might see a decline that could potentially mark the end of wave 4.
The Wave 5 is a bit tricky there; it may fall to the 18 area, which is a zone of interest, or it could potentially drop further down to 16.5.
Although prices may drop to 15.960 from the high of 17.174, my bias is in favour of 16.5, with two price targets at 18.5 and 18.0.
Happy trading and have a great week.
K.
Not trading advice.
NQ Power Range Report with FIB Ext - 5/19/2025 SessionCME_MINI:NQM2025
- PR High: 21374.75
- PR Low: 21283.75
- NZ Spread: 203.25
No key scheduled economic events
Beginning anticipated rotation, holding at Thursday's lows
- Daily gap remains below 20400 ahead of Keltner average cloud
Session Open Stats (As of 12:25 AM 5/19)
- Session Open ATR: 490.62
- Volume: 54K
- Open Int: 283K
- Trend Grade: Neutral
- From BA ATH: -6.3% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 22096
- Mid: 20383
- Short: 19246
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Key Levels for the Week 19-25/05/2025 ∷BitCoin∷🐍 Key Levels Overview for the Week🐍
__________________________
Resistances🔀 107397 , 114115 , 117344 , 124086
Mids∷∷∷ 101045 , 106675 , 108456 , 114878
Supports🔀 110275 , 101388 , 99326 , 88341
Trend Base Lines
108442🐂113313🐂113737🐂119204
105301🏛107030🏛107311🏛111272
104554🐻101465🐻100878🐻99353
GBP/AUD 1hr-Timeframe – Technical and Fundamental AnalysisGBP/AUD 1hr-Timeframe – Technical and Fundamental Analysis
The GBP/AUD pair is showing signs of bullish continuation on the 1-Hr chart, price was also in consolidation phase from previous uptrend following a breakout above a minor resistance level at 2.07200. This price action signals a potential change of character (CHOCH), suggesting bullish momentum is building.
After the breakout, price began consolidating within the 2.07200–2.07440 zone, forming an accumulation pattern that suggests a liquidity grab occurred below prior lows. The price is now approaching a short-term area of interest around 2.07440. A sustained move above this zone could validate bullish continuation, with a target set at the next resistance level near 2.09400. A protective stop-loss is ideally placed below the recent low at 2.06790.
This chart setup reflects a market preparing for potential upside, supported by both technical structure and broader fundamental drivers.
Fundamental Analysis (As of May 19, 2025):
The British Pound has shown strength relative to the Australian Dollar, driven by diverging economic indicators between the UK and Australia.
📈 Key Drivers of GBP Strength vs AUD Weakness:
Strong UK Economic Performance: Recent data out of the UK, including better-than-expected GDP and employment figures, has boosted confidence in the pound.
Dovish RBA Outlook: The Reserve Bank of Australia has hinted at holding or even cutting interest rates due to weak inflation and economic growth.
Chinese Demand Concerns: As a major trading partner, China’s economic slowdown continues to negatively affect Australia’s export-driven economy, especially in commodities.
Falling Commodity Prices: Softness in global demand for key Australian exports like iron ore and coal has added pressure on the AUD.
Weaker Australian fundamentals, including soft job numbers and a dovish RBA, while AUD faces additional pressure as the cash rate forecast dropped to 3.85% from 4.10%.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
AI16ZUSDT – Setting Up Like PEPE - 3x Potential!Given recent market behavior and the strength behind some reversals, I’m expecting COINEX:AI16ZUSDT to follow a similar path.
Picked up a small bag here—will look to add either above the orange line or on a retest of the Monthly Open.
Structurally, this setup reminds me a lot of $PEPE.
TAO Potential Final Dip Before BreakoutTAOUSDT is forming a potential inverse head and shoulders pattern after forming a strong double bottom around the macro low, confirming a major accumulation structure. The recent 5-wave rally into the neckline zone suggests early signs of bullish momentum, with the current pullback forming the potential right shoulder of the pattern.
It's expected the Price to revisit the immediate buy back zone, which sits just above the internal demand zone. A bullish reaction from this region could trigger the next impulsive wave toward the neckline breakout level and beyond.
Short-term target remains at $748, while the full structure projects a final setup target around $1,434. As long as price respects the internal demand zone, this correction is viewed as healthy within the larger bullish cycle.
DXY 1H Outlook: Bullish Bias for the Week AheadThe DXY 1-hour chart is showcasing a bullish trend as we approach the upcoming week. Traders should monitor the 1-hour chart for potential entry points that align with this bullish trend. As always, it's crucial to manage risk appropriately and stay informed about any economic events that could impact the dollar's performance.
Long trade
🟩 Buyside Trade Log
📈 Pair: BONK/USDT
🏷️ Type: Intraday | LND Session AM
🧠 Setup: Breakout
📅 Date: Sunday, 18th May 2025
🕥 Time: 10:00 AM
🔹 Entry Price: 0.00001972
🔹 Profit Target: 0.00002159 (+9.48%)
🔹 Stop Loss: 0.00001924 (-2.43%)
🔹 Risk-Reward Ratio: 3.90
🔍 Reasoning:
The trade was initiated during the LND session AM window, where price action showed a clear breakout from short-term resistance. Momentum aligned with a surge in volume, suggesting strong buyside intent.
Long trade
1Hr TF overview
🟩 Buyside Trade Log
📈 Pair: PEPE/USDT
🏷️ Type: Intraday | LND Session AM
🧠 Setup: Breakout
📅 Date: Sunday, 18th May 2025
🕥 Time: 10:45 AM
🔹 Entry Price: 0.00001317
🔹 Profit Target: 0.00001480 (+12.38%)
🔹 Stop Loss: 0.00001312 (-0.38%)
🔹 Risk-Reward Ratio: 32.60
🔍 Reasoning:
This buyside trade capitalised on a breakout from consolidation during the London AM session.
Long trade
1Hr TF overview
🟩 Buyside Trade Log
📈 Pair: SHIB/USDT
🏷️ Type: Intraday | LND Session AM
🧠 Setup: Breakout
🆔 Trade ID: #SHIBUSDT-0518A
📅 Date: Sunday, 18th May 2025
🕤 Time: 9:30 AM
🔹 Entry Price: 0.00001473
🔹 Profit Target: 0.00001567 (+6.38%)
🔹 Stop Loss: 0.00001455 (-1.22%)
🔹 Risk-Reward Ratio: 5.22
🔍 Reasoning:
The trade was executed as a breakout entry during the London AM session. Price breached a key consolidation high with conviction, signalling the initiation of a new leg higher. The breakout structure was supported by a volume increase and momentum alignment, targeting clean liquidity resting above prior highs.