US30 Short (Swing Trade)US30 is retracing to a key area left behind by a high-volume candle. The area lines with my normal entry zone of the 50% and 61.8% retracement zone.
Supply and Demand
GOLD: Short Setup from Key ResistanceThe XAUUSD pair is testing a key resistance zone, where selling pressure may emerge. The current structure suggests a potential short-term pullback as price consolidates at this level.
If the price confirms rejection from this resistance zone, I anticipate a move downward toward the $2,680.96 level, which aligns with prior price reactions and serves as a logical short-term target.
This setup aligns with the idea of a minor correction from resistance, offering a potential opportunity for a short-term trade.
GOLD - Potential Pullback to Retest SupportGold is trading near a key resistance zone within an ascending channel, suggesting a potential pullback. If price rejects the resistance zone, this could present an opportunity for sellers to re-enter the market.
The immediate target for sellers lies at $2,677.99, a key support zone where buyers might re-enter. A decisive break below this level could pave the way for further downside, with the broader ascending channel potentially invalidated.
This setup reflects a clear shorting opportunity if the price fails to sustain above resistance. Traders should wait for bearish confirmations before considering short positions.
ETH- BUY IDEABINANCE:ETHUSDT
🍏 BULLISH failure swing point at 3500-3450
TARGET will be all time high ✔️
🍎 BEARISH failure swing point at 3500-3450
TARGET will be under 3000k ✔️
Aligned to EMA100 + EMA200
Long trade
15min TF overview
1min TF Entry
Pair EURUSD
Buyside trade
Wed 15th Jan 24
Entry 1min TF
NY to LND Session AM
10.25 am
Entry 1.03208
Profit level 1.03545 (0.33%)
Stop level 1.03143 (0.06%)
RR 5.18
Reason and directional bias: Observing recent price action and sellside trade reached a pivotal (demand zone) indicative of a buyside trade on the 1min TF.
UPDATE ON XAU/USD SHORTSXAU/USD 15M - Well well well, will you look at that, XAU has performed beautifully for us this afternoon based on this mornings analysis. Its great to see the analysis provided playing out well.
There are going to be occasions like this where a specific entry may be missed due to the nature of the markets and how quickly they can move, as long as your on top of the analysis though you can catch it!
This trade is currently running + 172 pips. (+ 2.6%) 2.6RR
Some great results today from this, understandably some of you may have missed this opportunity, but not to worry as price is trading into an area of interest as we speak.
Do your due-diligence and ensure you have entry confirmation before getting yourself involved, well done to anyone who jumped on earlier today!
USD/CHF FINAL UPDATE ON TRADEUSD/CHF 30M - Back with a final update for the time being on this trade as price is currently correcting itself, this was predicted earlier on today and price is now putting in its correction.
I have gone ahead and taken a full close on my original position now leaving nothing left in the market, what I will be doing though however is looking for a clean re-entry. I will keep you all posted on that.
As it stands the original trade is running + 50 pips. (+ 2.5%) 2.5RR
I will continue to update the market as a whole with anything I do end up doing, if I see a clean re-entry for us all then of course I will be sure to let you all know, but for the time being I am waiting patiently.
Any questions drop me a message or comment below! Well done to all involved in this trade, what a brilliant way to start of the year!
Can the HOUSE CAPITALIZE LONG & target MKL $80.00 Per Barrel?NYMEX:CL1!
" A life is not important except in the impact it has on other lives." -Jackie Robinson
As we head into the 2nd trading week of the New Year, I hope everyone has a HIGH SET Goal that they want to achieve. Let's be strategic in our goals and make sure we put forth rightful action that will get us the results we desire. In this sport we play there is no Reward without RISK... So, let's get down to business on what exactly were looking for this week to STRIKE GOLD for the HOUSE to benefit...
'Crude OIL':
Confluence Profile 500K (Expectational Order-Flow + PA) 10pt STOP / 50-60pt Target
Key info: On average Crude Oil runs for 120pts LONG or SHORT during NY session 5am-2pm PST.
Our Playbook: We cut 120 in Half = 60pts as our new GOAL to catch for the DAY (Intra Day)
Pillar 1) HTF EOF "Market Direction" In which direction are we headed? Who has the stronger hand? Currently Buyers have the stronger hand on both the Daily & 4Hr TF's. Since the New Year kicked off Oil has been rallying to the upside breaking Supply and Demand HOLDING with strong conviction. So now we know that HTF/LTF Pro Trend is LONG and HTF/LTF Counter Trend is SHORT.
With Oil Currently trading inside of the HTF Daily Supply Zone I am going to wait for more data to develop in the PA before I start to build the Confluence Profile 500K (Expectational Order-Flow + PA). Once we get our Confluence Profile to flow in symmetry together; HTF Mitigation w LTF Entry Confirmation / Order Flow Footprint + PA we then will enter our positions INTRA DAY....
Keynote: LTF Pro Trend is LONG & LTF Counter Trend is SHORT.... Either way is Profitable!! Done correctly at the right time & price. I will keep update as more date in the PA develops throughout the week.
Remember; "Our Profession is to Manage the downside costs of printing HIGHSIDE returns of $$$ consistently. Done correctly, well Abundance awaits us." -500KTrey
GBPCAD: Market Oversold with Potential for PullbackGBPCAD seems to be oversold after a recent decline, reaching a strong horizontal daily support level.
Following the test of this support, the pair entered a period of consolidation within a tight range on the 4-hour chart.
A recent breakout above the resistance of this range highlights buyer momentum and points to a potential pullback. The pullback target is set at 1.7691.
Short trade
15min TF entry
Pair EURUSD
Sellside trade
Wed 15th Jan 24
9.15 am
Entry 1.03303
Profit level 1.03011 (0.28%)
Stop level 1.03462 (0.15%)
RR 1.84
Reason: The price seems overextended at this time. I assume a retracement is on the cards to balance out the price range, then pursue back to the upward momentum with the trend thereafter.
Btc scenario 1.1.2025For btc i am waiting for sfp confirmation if sfp is valid then it is likely that the price can start rising to a new ath if we are able to break through the monthly level at a price of around 96k then i see the closest tp around 100k and above 100k there is a large amount of liquidity
BULLISH ON BTC#BTCUSD
Timeframe: DAILY
BTCUSD remains in a consolidation phase after a strong bullish rally 📈, respecting the support zone near $34,000. Price action is forming a descending wedge pattern, signaling potential accumulation.
Currently, BTC is hovering near the wedge’s lower boundary and the support zone, indicating a possible breakout. A bullish break above $38,000 could send the price rallying toward the next resistance levels of $42,000 and $45,000. However, if the $34,000 support fails, we could see a pullback to the ascending trendline around $30,000.
For now, the structure hints at bullish potential, but patience is key to confirm direction. 🔍
GOLD – Potential Bullish ContinuationGOLD has recently broken above a key resistance level, signaling sustained bullish momentum within the broader ascending channel structure. This breakout aligns with the ongoing upward trend, reflecting the market's current bullish sentiment.
If the price revisits the $2,678.17 level for a retest and displays strong bullish confirmation—such as a rejection pattern, bullish engulfing candles, or consistent buying pressure—it would strengthen the case for further upside potential. Should this scenario unfold, the next target for buyers is the $2,691.72, a level that has previously attracted significant selling interest.
This setup reflects the broader bullish structure, offering potential opportunities for continuation trades. However, a failure to hold the retest level or a breakdown of the ascending trendline could challenge this outlook.
Traders are encouraged to monitor price action closely at the retest zone for clear signs of bullish momentum before committing to long positions.
GBPAUD OUTLOOKThe 12 month chart shows price reacting from a strong demand zone though the price is yet to contact the unmitigated supply at 2.4 price handle.
On the monthly chart, price has created a bearish order flow indicating seller pushed price to the identified 12-month demand zone at 1.44 price handle. The internal structure on the monthly charts shows price struggling to create new highs, indicating bears are still in control of this market.
On the weekly charts, the market structure shows a short term bullish correction within a larger bearish swing structure. We have several bearish change of characters indicating bears are still controlling this market. Presently, price has formed higher highs and is correcting targeting the unmitigated zone at 1.89. If price pushes further below 1.85, we will have confirmation of bearish market structure targeting the 1.71 price handle.
The Daily chart confirms bearish order flow, we will wait for bullish price correction thereafter place our sell limits targeting the unmitigated demand on the weekly chart.
BANKNIFTYBanknifty levels are based on imbalances
1. gapup 49200 long
2. 49200-48600 trade breakout
3. gapdown 48600 short
NIFTYNifty levels are based on imbalances
1. gapup 23290 long
2. 23290-23190 trade breakout
3. gapdown 23190 short
GBPCAD: Oversold Market & PullbackGBPCAD appears to be oversold following a recent decline, with the pair reaching a solid horizontal daily support.
After testing this support, the pair was consolidating within a narrow range on a 4-hour time frame.
The recent break of the resistance within this range indicates buyers strength and suggests a likely pullback.
The target for this pullback is 1.7691.
HBARUSDT
The purple support zone within the price range of $0.232 has been tested multiple times so far. If this support area is breached, we expect the bearish trend to continue towards lower levels.
Upon closer examination, we observe that the resistance zone at $0.3484 has not yet been tested, and the momentum of the bearish trend has been stronger. Once the purple support zone is consumed, the bearish scenario will be further confirmed.
What’s your opinion?
Nasdaq Futures: Intraday Setups and Key Zones for Today Dive into today’s Nasdaq futures analysis for Wednesday, January 15, 2025. With key support levels and recent price action shaping the market, we explore high-probability setups for both long and short trades.
📈 Long Opportunities: Look for entries near 21,145 or above 21,357, with potential targets at 21,650.
📉 Short Setups: Key zones include 21,330 and 21,248, targeting moves toward 21,150 and 20,975.
📊 Market Insights: With important news and volatility expected, today’s market could present significant opportunities.
💬 Join our daily lives at 9:30 AM (NY time) for live analysis and Q&A. Let us know in the comments what other assets you’d like us to analyze or if you’re interested in swing trading strategies for future videos.
🔗 Subscribe now for expert trading insights, daily updates, and exclusive content. Let’s optimize your trading together!
UPDATE ON XAU/USD ANALYSISXAU/USD 30M - No specific entry has been given with this ones guys just due to how quickly it moved in and out of the area of interest, analysis was provided though earlier on today.
What I have gone ahead and done is enter in on this market, you can reference against this with the account see for yourself, but I have moved my SL to entry already removing any risk from the trade itself.
The trade is currently running + 60 pips. (+ 1%) 1RR
I will be taking a small partial here to bank some profits as well, on top of this I will be looking for a re-entry for you all on this market now we have had a break in the last low set fractally.
A big well done to anyone who managed to follow previous analysis and place a position, if you didn't not to worry I will have something for you all shortly. Any questions drop me a message or comment below!
EURUSD Elliott WaveHello friends
In the EURUSD currency pair, we are witnessing the formation of a 5-wave bearish pattern, which indicates a decrease in the value of the euro and an increase in the value of the dollar (due to President Trump's policies in the future).
This 5-wave bearish wave is completing wave 5 of 5.
This means that the price decrease will continue for now.
This decrease to the 1.0200 range is certain.
But after the White House is handed over to Trump and the cabinet is determined, the price will increase and we expect the price to grow in a corrective wave and then we will see further price declines.
Good luck and be profitable.
