Technical Analysis
EURNZD Analysis , Support Bounce and Bullish PotentialEURNZD is currently trading at 1.83300, with a target price of 1.89000. This suggests a potential upward movement of 500+ pips. The price is bouncing off a strong support level, indicating a possible bullish reversal. The support and resistance pattern highlights key price zones where buying and selling pressure increase. A successful bounce from support strengthens the bullish outlook. Traders anticipate the price moving towards the next resistance level at 1.89000. Confirmation through candlestick patterns and volume analysis is essential. Risk management should include a stop-loss below the support level. Fundamental factors like interest rate decisions can impact price action. Monitoring market sentiment and economic news is crucial for trade execution.
Bitcoin Reversal? Demand Zone Holding Strong!
BTCUSD has shown a strong reaction to the Demand Zone, indicating potential bottom formation. The price has tested this level multiple times, suggesting institutional interest and a possible bullish reversal.
🔹 1.272 | Conservative Takeprofit → 116,847.33 USD (+19%)
🔹 1.618 | Most common Takeprofit after retracement → 123,783.73 USD (+26%)
🔹 2 | Strong uptrend Takeprofit → 133,358.11 USD (+36%)
With a favorable risk-to-reward setup, Bitcoin could be positioned for a significant upward move. Will BTC reach these Fibonacci targets? 📈
What’s your view on this setup? Drop your thoughts in the comments! 👇
EURAUD Analysis Bullish Flag Breakout PotentialEURAUD is currently trading at 1.65600, with a target price of 1.70000. This indicates an expected upward movement of 500+ pips. A bullish flag pattern has been identified, which is a continuation pattern signaling potential further gains. The pattern suggests a temporary consolidation before a breakout to the upside. Traders anticipate a strong bullish move once the resistance level is breached. Volume and momentum should confirm the breakout for a higher probability trade. Risk management is crucial, with stop-loss placement below the flag’s support. Fundamental factors like interest rate decisions and economic data can influence price action. A successful breakout may attract more buyers, accelerating the upward movement. Monitoring price action near resistance is key for trade execution.
SOL ANALYSIS🚀#SOL Analysis :
🔮As we can see in the chart of #SOL that there is a crucial support and resistance zone around $190. The price took resist and break the zone. Now trading at the same zone. We could expect a bullish move from this level
⚡️What to do ?
👀Keep an eye on #SOL price action. We can trade according to the chart and make some profits⚡️⚡️
#SOL #Cryptocurrency #TechnicalAnalysis #DYOR
ACT ANALYSIS📊 #ACT Analysis
✅There is a formation of Descending Channel Pattern in daily chart. Currently #ACT is in bearish way.
After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more 🧐
👀Current Price: $0.1968
⚡️What to do ?
👀Keep an eye on #ACT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ACT #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
GOLD WEEKLY CHART MID/LONG TERM ROUTE MAP UDPATEDWeekly GOLD Analysis – Quantum Trading Mastery
Hello Everyone,
Here’s the latest update on the GOLD weekly chart we’ve been diligently tracking and trading. Below is a comprehensive breakdown of the current range and key levels we’ve identified.
Recap of Last Week’s Analysis:
Last week, our predictions aligned perfectly with market movements:
* A strong resistance level at 2790 caused a short-term reversal near 2735.
* The FVG acted as dynamic support at 2735, sustaining the bullish momentum.
* The EMA5 crossed and locked above the key level at 2735, solidifying upward movement.
* As predicted, the resistance was broken, leading to a new all-time high of 2817.
Our analysis delivered precise predictions, allowing you to trade confidently and minimize risks.
What’s Next for GOLD This Week?
Key Level: 2735
Bullish Targets:
* TP1: 2877
* TP2: 3018
* TP3: 3160
Bearish Targets:
* 2735
* 2680
* 2595
This week, we have identified two critical GOLDTURN levels at 2735 and 2595. While we anticipate GOLD reaching TP1 at 2877, there may be short-term reversals around these key levels and GOLDTURN zones.
Recommendations:
To better understand the support structure and identify optimal dip-buying opportunities, review our smaller time-frame analyses (daily, 12H, 4H, and 1H). These insights will help you navigate the market with precision, keeping long-term gaps in perspective.
We’ll continue to provide daily updates and insights to keep you informed.
Thank you for your continued support! Don’t forget to like, comment, and share this post to help others benefit as well.
The Quantum Trading Mastery
#NIFTY Intraday Support and Resistance Levels - 06/02/2025Gap up opening expected in nifty near the 23800 level. After opening if it's starts trading and sustain above 23800 level then expected strong upside rally towards the 23950 level in today's session. 23700-23800 is the consolidation zone for nifty. Any major downside rally expected below the 23700 level.
PEPEUSD Long Position from Fresh Supply-Demand ZoneLooking to capitalize on a high-probability long setup in PEPEUSD? This trade idea is based on leveraging a fresh supply-demand zone to identify optimal entry, stop-loss, and target levels.
Trade Setup:
✅ Entry: Positioned within a newly formed demand zone, ensuring strong buying interest.
✅ Stop-Loss: Placed below the zone to minimize risk and protect capital.
✅ Target Levels: Aiming for key resistance or liquidity pools for maximum R:R.
Why This Trade?
📈 Fresh Demand Zone – Indicates institutional interest & potential reversal.
📊 Technical Confluence – Aligned with trend structure, Fibonacci retracements, and order flow analysis.
📉 Risk Management – Well-defined SL & TP to maintain optimal risk-to-reward.
🔍 Stay updated on PEPE price action, liquidity grabs, and confirmations before execution. Trade smart and follow risk management principles!
#PEPE #CryptoTrading #SmartMoney #Forex #TechnicalAnalysis
Thu 6th Feb 2025 GBP/AUD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
XAU/USD H4The XAU/USD pair appears poised for a bullish trend in the near future. After a brief pullback to retest a key support zone and trendline, it is expected to resume its upward momentum, presenting an excellent opportunity for long positions. Traders should monitor these levels closely for confirmation of the trend continuation.
TradeCityPro | JASMYUSDT ATH in Market Cap👋 Welcome to the TradeCityPro channel!
Let’s analyze one of Japan’s blockchain projects that allows users to control their data and earn income from IoT.
🌐 Overview Bitcoin
Before starting the analysis, as always, let’s take a look at Bitcoin on the one-hour timeframe. It has practically gone to form a structure for itself, and we cannot trust the highs and lows it has created. Personally, I will stay away from futures for a while and focus on other tasks like checking DeFi projects and financial-related activities.
Bitcoin dominance is currently fluctuating between a box of 61.05% to 61.87%. If it breaks above, the market's altcoins will drop further, and if it breaks below, Bitcoin itself will decline—but that seems unlikely.
On the other hand, if Bitcoin dominance breaks above this range and the market remains bullish, Bitcoin itself will move more strongly. If the market remains bullish and Bitcoin dominance breaks below 61.05, more money will flow into altcoins, helping them recover and potentially start a new structure.
📊 Weekly Timeframe
On the weekly timeframe, JASMY is one of the coins performing significantly better than other altcoins, trading at higher levels and not even on a major support despite the recent market correction.
I’ve often talked about dormant money and buying after momentum entry in spot trading. If you look closely, for 500 days, we were inside a box between 0.00308 and 0.00715—similar to most altcoins. However, the key point is that the last rejection from the top of the range didn’t return to the bottom; instead, we registered a higher low compared to the range’s bottom. This increases the probability of breaking above the range.
After breaking the range, we took a buy position with a stop-loss at the higher low (0.00494) and achieved around 600% profit up to the formed high. I personally do not intend to exit yet and will stay in the trade as long as we are above 0.01672.
For re-entry, either we need to see a good reaction to the 0.01672 support, wait for a breakout of 0.03878, or wait for consolidation and a better structure on lower timeframes. I personally prefer not to buy when the market is in a range without momentum.
If we draw a Fibonacci retracement from the previous low to the current high, the 0.01672 level (which is the 0.382 Fibonacci level) is a very important zone. If we bounce from this area and break the 0.03878 resistance (I consider any movement above this level before a confirmation as a fake-out), we can expect a strong uptrend, targeting 0.06413, 0.09197, and 0.14558.
📈 Daily Timeframe
On the daily timeframe, we are still above our main support at 0.01636. This support is so important that if we intend to start another primary trend, we should not drop below it; otherwise, our mid-wave cycle (MWC) will become bearish.
I also wanted to mention the difference between market cap and price. Right now, in 2025, even though the price is lower than its previous ATH of 0.05940, more money is in this coin, meaning it has a higher market cap.
A new all-time high has been formed in its market cap. Why? Because inflation and more token distribution have resulted in a higher market cap despite a lower price, meaning the token has lost value.
We also have a very strong trendline on this timeframe. The last rejection from this trendline has made it even more significant. After its breakout, we can enter a risky buy without a trigger, or wait for the breakout of 0.03979, which is a very strong trigger for momentum and spot buying.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GBPAUD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is below the resistance 2.02967, beginning of downtrend is expected.
We make sure when the support at 1.94297 breaks.
If the resistance at 2.02967 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 2.01490 on 02/03/2025, so more losses to support(s) 1.97390, 1.95896 and minimum to Major Support (1.94297) is expected.
Take Profits:
1.99134
1.97390
1.95896
1.94297
1.92784
1.91271
1.89131
1.85883
1.82533
1.80340
1.77000
1.72489
__________________________________________
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GBPJPY Is Nearing An Important Resistance With The Trend!!Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 192.500 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 192.500 support and resistance area.
Trade safe, Joe.
Gold/USD Monthly Elliott Wave & Fibonacci ProjectionsPEPPERSTONE:XAUUSD
This analysis presents a detailed Elliott Wave count on the monthly chart of Gold/USD with Fibonacci extension levels for key price targets.
Wave Structure:
The chart follows a classical 5-wave impulse structure (I to V).
Wave V is currently forming with possible subwave developments marked (1, 2, 3, 4, 5).
Fibonacci Key Levels:
100% ($2,529) — initial projection target
127.2% ($2,778) — intermediate resistance
161.8% ($3,095) — dominant bullish extension target
261.8% ($3,019) — extended bullish zone
Potential Price Movement:
A correction near $2,550 aligns with the Fibonacci 161.8% retracement, followed by a rally to complete wave V.
Long-term resistance and liquidity zones highlighted around $3,095.
Use this projection for long-term trading strategies. Fibonacci and wave alignments may guide stop-loss placements or profit-taking points. Keep an eye on corrections near wave 4 zones for confirmation before further bullish continuation
Disclaimer:
This analysis is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to trade any securities or assets. Trading in financial markets involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consult with a certified financial advisor before making trading decisions.
Fundamental Weakness Meets Technical Strength, AMD at a Turning?Hello readers,
Advanced Micro Devices (AMD) posted strong Q4 earnings, with a 24% year-over-year revenue increase to $7.66 billion, slightly surpassing estimates. Adjusted EPS came in at $1.09, just above expectations.
However, the data center segment underperformed, bringing in $3.86 billion a 69% YoY increase but below the $4.1 billion analysts had anticipated. Additionally, CEO Lisa Su cautioned that data center sales may decline by 7% in the next quarter. This guidance, combined with the revenue miss, led to an 8.2% pre-market drop in AMD’s stock price.
Technical Perspective
The price has finally arrived at the first key area of interest. This level has been anticipated for some time, and the fundamental reaction has now drawn the price close to the marked zone.
For those considering this as a potential investment, I can provide a small but valuable confirmation: from a technical standpoint, this is not a mistake to take, as this area holds the potential to generate strong liquidity for further growth.
Key criteria:
1. Strong horizontal price zone around the $100
2. The round number itself $100
3. The trendline since 2018
4. Channel projection
5. Equal waves from the top
For a more in-depth technical analysis, visit my Substack channel - content is now available for English readers. Simply go to my profile and click on "Website."
Regards,
Vaido
Disclaimer: This is not financial advice. Always conduct your own research and consider risk management before making any investment decisions.
NZDUSD Falling Wedge Breakout – 400+ Pips Opportunity!NZDUSD forex pair is currently trading at 0.56800, with a target price of 0.60000, offering a potential gain of 400+ pips. This bullish outlook is supported by a falling wedge breakout, a technical pattern indicating a reversal from a downtrend to an uptrend. The breakout is further strengthened by a good bounce from a key support level, suggesting strong buying interest at lower prices. The rising momentum and breakout signal a shift in market sentiment, potentially attracting more buyers. The target of 0.60000 represents a significant resistance level, and reaching it would require sustained upward pressure. Traders may view this as a buying opportunity, aligning with the breakout’s direction. However, factors like economic data, global risk sentiment, and commodity prices (e.g., dairy exports for NZD) should be monitored. Proper risk management, including stop-loss orders below the support level, is crucial to manage potential reversals. This setup combines a strong technical pattern with clear profit potential, making it appealing for short-to-medium-term trading strategies.
BTC/USDT Breakdown: Bearish Momentum Ahead?📉 Bitcoin (BTC/USDT) 4H Chart Analysis
🔻 Trend Breakdown:
BTC is in a descending triangle pattern, with lower highs forming resistance.
The price has broken below the trendline, indicating bearish momentum.
📊 Key Levels:
📍 EMA 200 (Red Line): 100,411.25 USDT – Acts as major resistance.
📍 Current Price: 97,815.98 USDT – Trading below the 200 EMA, confirming bearish sentiment.
📍 Support Zone: 95,000 USDT – A retest could occur before further downside.
📍 Target: 89,351.53 USDT – The chart suggests a potential drop to this level.
⚠️ Bearish Signals:
✅ Price rejected from descending resistance.
✅ Below the 200 EMA – Bearish confirmation.
✅ Breakout from the structure, signaling further downside.
💡 Conclusion:
If BTC stays below the resistance zone, expect further decline toward 89,350 USDT.
If bulls regain control above 100,400 USDT, trend reversal could happen.
🚨 Trade Caution: Monitor volume and price action near the key support! 🧐
Ethereum (ETH/USDT) Rebound or Further Drop? Critical Levels!!📊 Ethereum (ETH/USDT) Daily Chart Analysis – Feb 4, 2025
🔴 Current Market Overview:
Closing Price: $2,692.12 (-6.52%) 📉
200 EMA Level: $3,128.49 (acting as resistance)
Key Support: $2,250 - $2,400 (Strong Support Zone) ✅
Key Resistance: $3,900 - $4,100 (Demand Zone) 🔥
📉 Price Action Insights:
ETH has seen a sharp decline, breaking below the 200 EMA 🚨.
Price bounced off the Strong Support area, indicating buying interest 📈.
A recovery scenario suggests ETH could retest the $3,000+ zone before heading towards the demand zone near $4,000.
🛠 Trading Strategy:
✅ Bullish Scenario:
A successful higher low formation around $2,750-$2,800 could trigger a move towards $3,250 - $4,000 📊.
Look for confirmation of bullish momentum with volume increase.
🚨 Bearish Risk:
If ETH fails to hold above support ($2,400-$2,500), further downside towards $2,000 is possible 😨.
🎯 Final Thoughts:
ETH is at a critical support; a bounce here could offer a great risk-reward opportunity 🚀.
Keep an eye on 200 EMA resistance and volume confirmation.
💬 What’s your plan? Are you bullish or waiting for more confirmation? 🤔
GBP/USD Trend Reversal? Smart Money Entering the Market!GBP/USD is a major forex pair representing the exchange rate between the British Pound (GBP) and the US Dollar (USD). The current price is 1.25100, and the target price is set at 1.27000, indicating an expected upward movement. This trade setup suggests a potential gain of over 200 pips if the price reaches the target. A pip, or "percentage in point," is a standard unit of movement in forex trading, where 1 pip in GBP/USD is 0.0001. The trend line breakout confirms a bullish signal, meaning the price has moved above a key resistance level. Strong volume support indicates that many traders are participating in this move, adding to the momentum. A breakout with high volume often leads to sustained price movement, increasing the likelihood of hitting the target. If the trend continues, traders might see further gains beyond the expected 1.27000 level. However, risk management is crucial, as market conditions can change unexpectedly. Keeping an eye on economic news and key events related to the UK and US economies is essential. Overall, this setup suggests a strong buying opportunity for traders looking to capitalize on the breakout.