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Technical Analysis

GBP/CAD Fall of the Pound A Bearish Trap Has Been Set Rising Channel Breakdown The chart previously exhibited a rising channel with two parallel white trendlines containing the price movement. The price broke below the channel, signaling a shift in market structure from bullish to bearish. Bearish Momentum Confirmation After the breakdown, the price retested the lower trendline but failed to reclaim it, confirming resistance. A strong bearish rejection followed, indicated by the red shaded area showing selling momentum. Short Entry & Risk-Reward Setup The short position was entered near 1.78981, slightly below the breakdown point. The stop-loss is set at 1.80996, positioned above the breakdown level to avoid whipsaws. The take-profit target is 1.75724, aligning with previous support and a logical demand zone. Indicators & Confluence EMA or Trend-Based Indicator. The red shading suggests the price is trending below a dynamic moving average, reinforcing bearish sentiment. Bearish Candlestick Formation, A series of red candles and a retest failure further confirm selling pressure. Trade Rationale & Risk-Reward Analysis Trade Type: Short Entry: 1.78981 Stop Loss: 1.80996 (~200 pips above entry) Take Profit: 1.75724 ( 325 pips below entry) Always book Profit every 10% Risk-Reward Ratio: 1:1.6 , indicating a solid risk-adjusted trade with a favorable reward potential. This trade capitalizes on the bearish breakdown of the rising channel, with a clear stop-loss placement and a logical take-profit target. If momentum sustains, the price could continue trending lower towards 1.75724 or even extend further.
Short
by wolfchemist
1
TradeCityPro | ARBUSDT The Most Important Support of Its Life👋 Welcome to the TradeCityPro channel! Let's analyze and review one of our important Layer 2 projects, which is currently at one of its most critical support levels, and update our previous analysis. 🌐 Overview Bitcoin As always, before starting our analysis, let’s take a look at Bitcoin on the one-hour timeframe. We have settled down a bit compared to yesterday's fluctuations, but it’s still not a great time to open futures positions because any news can trigger stop-losses. However, if you insist on opening a position, the breakout of 100,026 wouldn’t be a bad entry, but you must reduce your risk. These days, it’s better to be an observer in futures trading. On the other hand, Bitcoin dominance is also crucial with this level’s breakout—if it turns green, you can open a position; otherwise, it’s better to switch to an altcoin or not open any position at all. 🕵️‍♂️ Previous Analysis In our previous Arbitrum analysis, we had a more bullish outlook and were waiting for a breakout of 0.9689 on the four-hour timeframe to open a long position. This breakout happened, and we experienced a clean move up to the 1.2364 resistance level. 📊 Weekly Timeframe On the weekly timeframe, we clearly see a rejection from the 1.1887 resistance, which was previously tested as a pullback. Now, this level has become even more significant, and after rejection, we reached the critical level of 0.4792. If you had bought earlier after the breakout of 0.6487, taking profit at 1.1887 was very logical—either securing profits or withdrawing your initial capital. If you didn’t take these actions, you likely hit your stop-loss by now. However, if you managed your capital properly and only lost a maximum of 2% of your funds, then nothing major has happened. Taking profit at 1.1887 was the smart move. This weekly candle is one of the most volatile we’ve seen recently for ARB, dropping 30% in a single day before recovering. If it closes green or even slightly higher with better volume, it could act as an entry trigger for those whose strategy aligns with it. However, I personally prefer to see some ranging first and enter on a different timeframe to follow the movement. 📈 Daily Timeframe Yesterday’s daily candle was truly impressive and showed the strength of buyers. Under normal market conditions, I would have bought with this candle, anticipating the start of an uptrend. However, this candle was mainly driven by emotions and FOMO, and many traders still don’t fully grasp the consequences of their decisions—they might realize it in the coming days. That’s why this candle doesn’t convince me, and I’m not buying based on it. Now, you might think, “What if this is the best entry point?” Personally, I would be much happier if price makes a sharp move up to 0.6487 with momentum—this would provide a more confident entry with a tighter stop-loss. In that scenario, both positions would reach their risk-to-reward targets up to 0.9178, but my entry would be more secure, and I could allocate more capital. If the daily candle closes below 0.4792 and RSI enters the oversold zone, ARB’s situation will worsen significantly, potentially forming new lows. That wouldn’t be good and could lead to deeper corrections. 📝 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! ❤️
Long
by tradecitypro
16
JTO ANALYSIS📊 #JTO Analysis ✅There is a formation of Descending Channel Pattern in daily chart with a breakout and retest the levels. We would see a good price moment in few weeks if breakout sustains here and also breakout the major resistance zone 🧐 👀Current Price:  $3.220 🚀 Target Price:    $4.100 ⚡️What to do ? 👀Keep an eye on #JTO price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #JTO  #Cryptocurrency #Breakout #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
EUR/USD Poised for Reversal from Key Demand Zone – Smart Money A📊 Market Outlook: Bullish Reversal from Demand Zone EUR/USD is approaching a critical daily demand zone (highlighted in yellow), where we anticipate a potential trend reversal. The technical and fundamental data suggest that a buying opportunity is emerging. 🔹 Why Am I Bullish on EUR? ✅ Retail Traders Overloaded on Shorts – The retail crowd is excessively short, which often leads to short squeezes when smart money steps in. ✅ Non-Commercial Traders are Overly Short – CFTC data reveals that large speculative traders hold extreme short positions, signaling a potential contrarian move. ✅ Commercial Traders Accumulating Longs – The smart money (hedgers & institutions) are heavily long on EUR, suggesting value buying at these levels. ✅ Key Demand Zone in Play – Price is approaching a major liquidity pocket, historically acting as strong support and a reversal zone. 🔹 Technical Levels to Watch 📍 Support Zone: Yellow Area On Chart 📈 My Trade Bias: Waiting for confirmation signs in the demand zone. Looking for bullish structure shifts & momentum buyers stepping in. 🚀 What do you think? Will EUR/USD bounce from here or break lower? Comment below! 👇📩 #EURUSD #Forex #SmartMoney #OrderFlow #Liquidity #PriceAction #CFTCData #ForexTrading #FXAnalysis
CME:6E1!Long
by Inevitable_Trader
GOLD 12H CHART ROUTE MAP ANALYSISHello Traders, Here’s our 12H chart analysis and target updates: 📌 Previous Chart Review Key Resistance: Identified 2,790 as a critical resistance level, anticipating a potential reversal. Buy Signal: Recommended waiting for EMA5 to cross and hold above TP1 (2,745) as confirmation for a bullish move toward TP2 (2,786) & TP3 (2,826). Dynamic Support: Highlighted the FVG zone (2,745) as a key support area. 📊 Outcome ✅ All targets and entry levels (marked with Golden Circles) were achieved as predicted. ✅ EMA5 crossed above TP1 (2,744), leading to TP2 (2,786) being achieved. ✅ Resistance at 2,790 was broken. ❌ TP3 was nearly reached but reversed after EMA5 failed to cross and hold above TP2 (2,786). 🔍 What’s Next for GOLD? The daily candle closed above TP2 (2,786), but EMA5 failed to sustain above it. This suggests a potential short-term reversal. 📉 Key Levels 📌 Support: Strong support expected from the FVG zone and Gold Turn Levels (2,770, 2,745 & 2705). ⚠️ Downside Risks If EMA5 crosses and holds below 2,770, the next target shifts to 2,745. If EMA5 crosses and holds below 2,745, the downside extends toward 2,705 (Retracement Range). 📈 Bullish Path A bounce from support could retest TP2 (2,786) and potentially extend toward TP3 (2,826). 📌 Trading Recommendations 🔹 Short-Term Trades: Utilize 1H and 4H timeframes to capitalize on dips at Gold Turn Levels, targeting 30–40 pips per trade. Focus on shorter positions in this range-bound market to navigate volatility. 🔹 Long-Term Bias: We remain bullish and view pullbacks as buying opportunities. Buying dips from our marked levels provides better risk management rather than chasing tops. 📢 Final Note Trade with confidence and discipline—our precise analysis ensures you’re well-equipped to navigate the market. Stay tuned for daily updates and multi-timeframe insights. Best regards, 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
Swedbank Just Did Something It Hasn't Done in 18 Years!Hi all, A few weeks ago, at the Estonian finance conference, I pointed out that Swedbank needs a Monthly candle close above a historically significant level to confirm further upside into "open waters". Before I dive deeper - if someone still claims that "price has no history" or "price doesn't repeat itself," just show them Swedbank’s chart. Back in 2007, Swedbank attempted to break the 215–228 SEK level for the first time. The result? A complete failure. Sellers took control and smashed the price down. Fast forward 7–10 years: “Let’s try again a few more times!” Still nothing. The level remained unbreakable, draining all momentum. Over the past 18 years, this zone has been tested 7–9 times, and every single attempt ended in failure. Now, today, things are changed. Today, we have that Monthly close, and the price has now entered a potential buying zone. Technically, Swedbank is ready - optimal zone 215 to 237 SEK! Do your homework; this is just my opinion and my analysis! Do not forget to "Boost" the idea - all the best, Vaido
OMXSTO:SWED_ALong
by VaidoVeek
5
EURJPY Potential Longs - Short & Long Term (Technical Analysis)Technical Outlook: Looking at previous price movement, we see it's been trending up since August 2024, with the last reaccumulation phase ending in early 2024. We recently saw a demand chain, but the last push couldn't quite hit new highs. Supply then took over, driving the price back down to a daily demand level. At this point, we've seen some strong bullish reactions on the lower timeframes, which is interesting and here's why - Potential Scenarios & Probabilities: Scenario 1 (High Probability) – Demand should regain control, leading to a bullish breakout. Scenario 2 (Medium Probability) - Price could range within the ascending channel for a while. Scenario 3 (Low Probability) – The bulls might disengage, resulting in a bearish break and continuation thereafter. Trading Considerations: Price is currently in a discounted zone within the ascending channel (158.000 – 168.000) . We can look for trading opportunities within this range, focusing on strong supply and demand areas, anticipating the eventual bullish breakout. A long position closer to the bottom of the range could turn into a swing trade. If you're trading inside the range on lower time frames, it's smart to keep an eye on volume, overbought/oversold levels, and relative currency strength. Final Notes: With the price moving sideways for a good six months, range trading is definitely a possibility. But the real goal is to catch that bullish breakout when it happens, and it looks like it's getting close. As always, manage your risk carefully, and don't hesitate to take the trade when the setup is right – assuming you've got a solid plan and a clear target in mind. OANDA:EURJPY
Long
by Apexfx_Alpha
Crypto Market Is Still Bullish Despite A New Sell-OffCrypto market faced some deeper decline, but still looks like a complex W-X-Y correction in wave 4 within a bullish trend for wave 5. A drop came from a stock market slowdown due to end of the month flows last week on Friday and due to US tariffs. However, now that US tariffs for Mexico and Canada are delayed, we can see a strong stabilization and recovery, which can be an indication for a bullish continuation within a new five-wave bullish cycle for wave 5, at least for the first half of 2025.
CRYPTOCAP:TOTALLong
by ew-forecast
Why USDCHF is in Retesting Phase? and Expected Trend ReversalUSDCHF is currently trading at 0.91000, with a target price of 0.89900, indicating a short-term bearish movement. The expected price drop of 100+ pips suggests a potential short-selling opportunity. The pair is in a retesting phase, meaning it is re-evaluating a previously broken trendline. This retest occurs after a downtrend, confirming bearish momentum. However, after this small decline, a strong bullish wave is anticipated. The price is expected to recover and move upward toward the 0.93000 level. This suggests a trend reversal after the retracement phase. Traders may consider shorting until 0.89900, then looking for bullish confirmation. Risk management is crucial due to potential market volatility. Analyzing support, resistance, and market sentiment can help refine entry and exit points.
Short
by AndrewsMarket-Mastery
AUD/JPY: Bearish Reversal in Play, A Long Downtrend Awaits?Hey Realistic Traders, OANDA:AUDJPY has no chance for a Bullish Outlook? Let's dive into the analysis... After a prolonged consolidation phase, the Aussie Yen has once again traded below the EMA-200 line, forming a new lower high along the way. This bearish signal marked the beginning of a continued downward movement, which was further confirmed by a breakout from a rising wedge pattern. Such breakouts typically indicate strong bearish momentum, especially when accompanied by multiple bearish marubozu candlesticks. Further strengthening this outlook, a falling wedge breakout occurred on the JPYBASKET, signaling a continuation of its prevailing bullish trend. This divergence between Aussie Yen and JPYBASKET adds weight to our bearish analysis. Considering these strong technical signals, the price is likely to move downward toward the first target at 94.651 or potentially the second target at 93.716. However, this bearish scenario depends on the price staying below the critical stop-loss level at 98.478. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. "Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Aussie Yen".
Short
by financialfreedomgoals101
2
Nightly $SPX / $SPY Scenarios for 2.4.2025🔮 📅 Tue, Feb 4 🌎 Market-Moving News: 📢 Tariffs in Focus: 🇺🇸🔁🇨🇦 U.S. imposes 25% tariffs on Canada & Mexico, 10% on China, while Canada retaliates with 25% tariffs on U.S. goods. 🏦 Central Banks: 📉🇪🇺 ECB cuts rates to support growth, while 📈🇯🇵 BOJ hikes rates, signaling diverging global monetary policies. 📊 Key Data Releases: 📉 JOLTS Job Openings (10 AM ET): Forecast 8.68M (Prev. 8.75M) 🏭 Factory Orders (10 AM ET): Forecast +0.2% (Prev. -0.7%) 💡 Market Scenarios: 📈 GAP ABOVE HPZ: Initial push higher before rejecting below 6044, leading to consolidation. 📊 OPEN WITHIN EEZ: Rebound attempt, but potential rejection back into the Equity Equilibrium Zone, causing choppy action. 📉 GAP BELOW HCZ: Early dip, potential bounce, but structure favors continued weakness before stabilization. #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao 🚀
SP:SPXLong
by TrendTao
BTCUSDT Technical AnalysisSell Bias Explanation Risky Entry Zone: Observation: Price entered the "RISKY ENTRY" zone. Explanation: This area indicates a potential entry point for short trades. Traders should be cautious and ensure they have confirmation before entering, as it is labeled "risky." Resistance Zone: Observation: The chart highlights a "RESISTANCE ZONE." Explanation: This area acts as a barrier for the price to move higher. The presence of a resistance zone suggests that the price may struggle to break above, creating an opportunity for sellers to step in Price Closed Below the Protected High: Observation: An annotation states, "PRICE CLOSED BELOW THE PROTECTED HIGH." Explanation: This indicates that the price failed to break a critical high point, only sweeping and hunting stops suggesting a bearish sentiment. It reinforces the sell bias as buyers are unable to push the price higher. Liquidity Grab and Break of Structure (BOS): Observation: "Liquidity grabbed and BOS" is annotated on the chart. Explanation: This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side. Liquidity Grab and Break of Structure (BOS): Observation: "Liquidity grabbed and BOS" is annotated on the chart. Explanation: This means that liquidity was taken out, and a structural level was broken, indicating a shift in market sentiment towards the bearish side. Confirmation Entry Zone: Observation: The chart highlights a "confirmation entry zone." Explanation: This area provides additional confirmation for entering short trades. Traders looking for a safer entry can consider entering here once the price confirms the bearish setup. P.R Area (Secure Position): Observation: "P.R AREA(Possible rejection area) = secure position" is marked on the chart. Explanation: This area suggests a point where traders can consider securing their positions, either by taking partial profits or tightening stop losses to minimize risk. Disclaimer 📢 Remember, trading involves risk. Past successful setups do not guarantee future performance. Always conduct your own analysis and use proper risk management strategies.
Short
by BFUFX_MARKETS
1
TradeCityPro | DOGEUSDT End of the Downtrend👋 Welcome to TradeCityPro Channel! Let's go together into a turbulent day in the market, which was accompanied by the opening of global markets, Trump’s side events, and economic sanctions on Canada and Mexico. Let’s take a look at the chart together. 📣 How did this happen? The event that occurred last night with the market opening in the Tokyo session was that Trump suddenly increased import tariffs from China, Canada, and Mexico to 25%, causing economic conflicts among these countries. Along with this, we saw an increase in USDCAD, the dollar index, gold, and cryptocurrency, leading to market fluctuations. However, today it was announced that these changes will take effect next month. 🌐 Overview Bitcoin Before starting the Bitcoin analysis, let’s first examine Bitcoin on the one-hour timeframe as usual. We had already opened our short position after breaking 101,654 in previous analyses, and this morning, due to sell-off candles around the 92,000-dollar range and excessive overselling, we secured a lot of profit and completely exited the position. This drop caused a severe shock to most people, leading to the liquidation of $2 billion in long futures positions. This price drop was accompanied by an increase in Bitcoin dominance, reaching my psychological ceiling, and a very long shadow up to 64.30% was recorded. In my opinion, this is the Bitcoin dominance peak, but we will wait for confirmation. The reason I say this is the peak is that a large volume of other coins is staked and locked outside the cycle. This makes it unlikely that we will go above these numbers, and we will likely experience corrections and declines gradually. However, Bitcoin itself has completely recovered its drop, which is a very good sign for upward movement and momentum because a momentum shift has practically occurred. The reason for this shift was the announcement that these economic events will be implemented next month, not now, which brought calm to the markets. But Bitcoin still has good momentum, and you shouldn’t feel left out. Feeling left out is for those who lack risk management and enter positions recklessly, not us. 📊 Weekly Timeframe On the weekly timeframe, Dogecoin, Elon Musk’s favorite coin that has practically established itself as an entity in the U.S. and made him the second most influential person in the country, has had an outstanding performance recently. It has both recorded a higher low compared to 2023 and has not undergone significant price corrections—just a rejection from its ATH, which is entirely logical. I am not buying for now and prefer to miss a move, or if I do buy, it will be very low-risk. But if you want to buy a coin, be very careful about how it performed during this correction and what its Bitcoin pair looks like. Most coins that experienced more decline, like NOT, had a bearish Bitcoin pair, while some coins that held up well were either ranging or bullish. With this weekly candle, you can take a risk and make your purchase, but you must consider that it has merely bounced off support and made a pullback. Therefore, it may range for a few weeks before continuing its momentum, as the high volatility at the beginning of the month means the market may need some rest—unless we enter a bull run. For selling, hold on for now and do nothing. 📈 Daily Timeframe On the daily timeframe, however, DOGE is one of the coins that has reacted well to recent events and is behaving almost like Bitcoin. It has rebounded from this range and is closing a strong candle with high volume, preventing the daily RSI from entering oversold territory. On the other hand, DOGE is among those coins that are positioned at higher levels compared to the daily range that most altcoins have formed, showing its relative strength against Bitcoin. If you check Ethereum on the daily timeframe, you will understand what I mean. After breaking the important 0.31019 support and the 0.236 Fibonacci support, we saw a sharp candle that rebounded between the 0.382 and 0.5 range, which is not a bad reaction at all. Most likely, some purchases will be made upon the closing of this candle. If this aligns with your strategy, it is not a bad entry point, but I personally prefer to wait a little longer and enter with a better trigger and a smaller stop-loss. Or, I might wait for the 0.466 resistance break and take the trade with more certainty or higher risk. First, when the market becomes range-bound and boring, that is exactly when the highest probability of movement occurs. Second, take risk and capital management very seriously. I know 90% of our community follows this, but I need to repeat it repeatedly to make it universal and prevent people from being liquidated unnecessarily by opening reckless positions based on mere hope. 📝 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! ❤️
Long
by tradecitypro
12
GOLD 1H CHART ROUTE MAP & TRADING PLAN FOR THE WEEK1H Trading Analysis - The Quantum Trading Mastery Hi Traders, We successfully reached TP1, TP2, and TP3 in our previous 1H chart analysis. Below are the updated levels and targets for the coming week. Market Overview Gold reached an all-time high at 2,817, and is currently trading between two key levels, with a gap above 2,817 and a gap below 2,778. As seen on the chart, EMA5 crossed and locked below the KEY LEVEL of 2,796, and TP1 has just been hit. To further validate the price direction and range, we’ll monitor EMA5 at various target levels, along with the GoldTurn support levels. What’s Next for GOLD in the 1H Timeframe? A resistance level has formed at 2,817. EMA5 failed to cross and lock above this point, triggering a reversal. The FVG might reinforce another resistance level, pushing prices further down towards TP2 (2,761). Additionally, EMA5 crossing below MA21 and MA50 signals a bearish trend. Key Levels * Resistance Zones: The FVG resistance at 2,782–2,888 is expected to push prices down to TP2 (2,761). * Support Levels: Strong support is anticipated at Gold Turn Levels around 2,778, 2,761, 2,744, and 2,740 (Retracement Range). ⚠️ Downside Risks * If EMA5 crosses and holds below 2,778, the next target is 2,761. * If EMA5 crosses and holds below 2,761, the downside extends toward 2,744. * A break below 2,744 could drive prices down to 2,740 (retracement range). 📈 Bullish Path A bounce from support levels could trigger a retest with potential upside. * If EMA5 crosses and holds above 2,778, the next bullish target is 2,796. * If EMA5 holds above 2,796, the upward extends to 2,807. * A further break above 2,807 could push prices upward to 2,819. 🔹 Long-Term Outlook Our bullish bias remains, viewing pullbacks as opportunities to buy. Buying dips from key levels offers better risk management rather than chasing tops. Final Thoughts Trade with confidence and discipline—our detailed analysis ensures you're equipped to navigate market fluctuations. Stay tuned for daily updates and multi-timeframe insights. Best regards, 📉💰 The Quantum Trading Mastery
FXOPEN:XAUUSDShort
by TheQUANTUMTraders