Wave Analysis
GBPUSD Is Very Bearish! Sell!
Here is our detailed technical review for GBPUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.247.
Considering the today's price action, probabilities will be high to see a movement to 1.240.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Hellena | SPX500 (4H): SHORT to the area of 50% Fibo lvl (5972).Colleagues, I believe that price is completing wave “1” and I believe that a correction in wave “2” is inevitable.
I expect the price to reach the area of 38.2% - 50% Fibonacci levels (5972.9). I believe that a small update of the maximum of wave “1” is possible.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
USOIL My Opinion! BUY!
My dear friends,
USOIL looks like it will make a good move, and here are the details:
The market is trading on 74.53 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 76.87
Recommended Stop Loss - 73.41
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Historic Resistance at $264: Will SOLUSD Flip It to Support?
COINBASE:SOLUSD is currently testing the key resistance level at $264.53, which has historically acted as a significant barrier. The EMA ribbon remains bullish, with the price trading consistently above it, indicating strong upward momentum. The ascending trendline, which has provided reliable support in the past, continues to guide the price action upward.
A divergence on the TSI is evident, with the oscillator previously trending lower while the price maintained its upward trajectory. This suggests that the bulls are gaining strength and exerting pressure on the resistance. The TSI has recently crossed above the zero line, confirming a bullish momentum shift.
The Signal Builder has provided upward signals recently, aligning with the current market structure. A breakout accompanied by a strong candle close above the resistance could flip this level into support, opening the door for potential new all-time highs.
👨🏻💻💭 What are your thoughts on SOLUSD's potential breakout? Could this lead to a rally beyond the resistance? Share your perspective!
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SHIBA/USDT Potential Reversal or Trend ContinuationThe price is in a downtrend where it has reached a strong zone and made a rebound. Now, the price could move in the direction of buying without returning to our zone. However, if the price approaches our zone again, it improves the entry point for our trade. On the other hand, if the price breaks through our support, we can expect the continuation of the selling trend with appropriate market confirmation.
The Critical Rebound: Is ZEREBROUSD Ready for Its Next Big Move?Navigating the Rebound Zone: A Make-or-Break Moment for ZEREBROUSDT.P
ZEREBROUSDT.P has captured the spotlight as it hovers near its recent lows at $0.1166, marking a mere 3.08% deviation from this critical support level. With the price currently at $0.1202, the asset has retraced a staggering 84.97% from its absolute high of $0.8 earlier this month. These numbers signal an oversold condition, further reinforced by the RSI at 27.18, deeply entrenched in bearish territory.
The question arises: Is the market poised for a bullish reversal or further decline? Recent patterns suggest a tug-of-war. The "Increased Buy Volumes" pattern hints at growing demand, but the low MFI of 26.38 shows liquidity concerns are still holding back momentum.
Meanwhile, macroeconomic factors like subdued liquidity flows and ongoing market corrections across broader crypto assets are critical to watch. For traders and investors alike, this is not just another moment—it’s the moment to decide. Will ZEREBROUSDT.P hold its line and spark a rally? Or is the support too fragile, leading to a new bottom?
Brace yourselves—today's technical signals and market narratives may chart the path ahead. If you’re seeking an edge, the time to act is now.
Roadmap: Tracing the Journey of ZEREBROUSDT.P Patterns
Here’s the roadmap of ZEREBROUSDT.P’s recent market patterns—a timeline of events that confirms how well the trends held up and where they faltered. Buckle up as we trace the pivotal moments and assess their impact!
2025-01-22, 22:00 UTC: VSA Buy Pattern Extra 2nd
This pattern signaled a Buy direction with a setup for a major upward swing. However, the follow-up movement did not confirm the prediction. Price closed at $0.1834, but subsequent sell pressure suggests the trigger point failed to hold. This pattern, while textbook, missed its chance to deliver.
2025-01-24, 20:00 UTC: VSA Buy Pattern Extra 1st
A low at $0.1353 and a close at $0.1365 indicated potential bullish momentum. This time, the main direction aligned as prices pushed higher in the next bars, validating the predicted Buy signal. Traders catching this move could have enjoyed a steady climb.
2025-01-25, 00:00 UTC: Sell Volumes
This pattern hinted at Sell pressure. Price indeed dropped from $0.1277 to a close of $0.1178, solidifying the bearish sentiment. It was a textbook confirmation of the downward trend.
2025-01-25, 01:00 UTC: Buy Volumes
Finally, a glimpse of bullish resurgence. The price rebounded from $0.1167 to close at $0.1216, marking a solid recovery. The alignment with the Buy direction showed a reliable follow-through, confirming trader confidence.
Takeaway for Traders :
Patterns that align their direction with subsequent movements are the goldmine for traders. This roadmap shows how ZEREBROUSDT.P offered moments of clarity amid market noise. Keep your eyes sharp for those key validations—when patterns hit, they hit big!
Technical & Price Action Analysis: Key Support and Resistance Levels
Here’s the rundown of the hot zones where price action has been playing its game. Traders, these levels are your go-to for decision-making—whether to jump in or step back. Remember, if these levels don’t hold, they’re likely to flip and act as resistance. Let’s dive in!
Support Levels:
The market is testing support zones with precision, but nothing is etched in stone here. Eyes are on these levels to hold or flip.
Resistance Levels:
Resistance is where the sellers show their teeth. Watch how price reacts to these caps:
0.1312 – The first wall. Break this, and you’re in the game.
0.256 – A mid-level hurdle; momentum traders will love a clean breakout here.
0.3535 – Major resistance. If bulls smash through, this could pave the way for explosive moves.
0.3791 – A level not to ignore. It’s where the action could get intense.
0.4082 – The ultimate test. Conquer this, and the sky’s the limit.
Powerful Support Levels:
No notable “brick walls” of support have shown up just yet. Keep an eye out for developments.
Powerful Resistance Levels:
Still waiting for big players to draw the line here, but don’t take your eyes off the existing resistance points.
Pro Tip for Traders :
If these levels crack, don’t panic. Instead, watch for flips—they’ll become your new resistance zones, giving you a roadmap for the next move. Stay sharp and trade smart!
Trading Strategies Based on Rays: Dynamic Fibonacci-Level Trading Concept
The "Rays from the Beginning of Movement" concept uses Fibonacci-based dynamic levels to map price action with precision. Rays act as guides, marking zones of potential reversals or continuations, while intersections with Moving Averages (MAs) and Volume Spread Analysis (VSA) patterns provide further confirmation.
Core Idea :
Rays are derived from the origin of a trend or corrective movement. They define dynamic support and resistance channels, allowing traders to identify opportunities as price interacts with these levels. The strategy focuses on probability, not certainty, providing adaptable scenarios to traders.
Optimistic Scenario :
Price continues its upward trajectory after successfully interacting with key rays and dynamic supports like the Moving Averages. Targets align with resistance levels and Fibonacci-based zones.
Pessimistic Scenario :
Price breaks downward through dynamic supports, triggering a move to test lower rays and Fibonacci-calculated levels. This sets up potential short trades with clearly defined risk-reward zones.
Trade Scenarios and Levels
Each trade begins upon price interaction with a ray and confirmation of direction. Targets progress ray-to-ray, ensuring systematic profit-taking opportunities.
Trade 1: Long from $0.1202
First Target: $0.1312 – Initial breakout through resistance and interaction with an ascending ray.
Second Target: $0.256 – Continuation along the dynamic channel, reflecting bullish sentiment.
Trade 2: Short from $0.1202
First Target: $0.1166 – Testing the absolute low.
Second Target: $0.1100 – Further decline beyond the ray intersection, signaling bearish momentum.
Trade 3: Long from $0.1166
First Target: $0.1202 – Recovery after dynamic interaction with the ray.
Second Target: $0.1312 – Continuation of bullish movement.
Trade 4: Short from $0.1312
First Target: $0.1202 – Reversal after rejection at this key resistance ray.
Second Target: $0.1166 – Retesting the lower dynamic boundary.
Key Takeaways :
Wait for price interaction with rays and dynamic indicators like MAs and VSA patterns.
Enter positions only after a clear direction is established, and ride the move from one ray to the next.
Dynamic adjustments ensure adaptability, and each ray serves as the next logical target in either bullish or bearish scenarios.
Stay disciplined and let the rays guide your trades from one level to the next. Success lies in patience and precision!
Your Move: Let’s Keep the Conversation Going!
Got questions or thoughts about this analysis? Drop them straight into the comments below—I’m here to chat, clarify, and brainstorm with you. Let’s make trading smarter together!
If you’ve found this roadmap useful, don’t forget to hit that Boost button and save this idea to track how price moves according to my setup. Seeing how levels play out is one of the best ways to sharpen your trading edge.
Curious about the tools behind this analysis? My proprietary indicator automatically maps these rays and levels, making it easier to pinpoint trades. It’s currently private, but feel free to reach out via direct message if you’re interested in accessing it.
I’m also happy to craft analyses for any asset you’re following. Whether it’s something you want to keep private or share with the community, let’s discuss your needs. Just comment your asset and any preferences, and I’ll do my best to deliver.
Remember, these rays work on all assets, and price action respects them beautifully. If there’s a specific chart you’d like mapped out, Boost this post and let me know in the comments—I’ll add it to my list!
Finally, don’t miss out—follow me here on TradingView to stay updated on my latest ideas. Let’s grow together and make trading not just profitable, but enjoyable! 🚀
SKL/USDTKey Level Zone: 0.04220 - 0.04240
HMT v5 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
Important Note :
Role of Key Levels:
- These zones are critical for analyzing price trends. If the key level zone holds, the price may continue trending in the expected direction. However, momentum may increase or decrease based on subsequent patterns.
- Breakouts: If the key level zone breaks, it signals a stop-out. For reversal traders, this presents an opportunity to consider switching direction, as the price often retests these zones, which may act as strong support-turned-resistance (or vice versa).
My Trading Rules
Risk Management
- Maximum risk per trade: 2.5%.
- Leverage: 5x.
Exit Strategy
Profit-Taking:
- Sell at least 70% on the 3rd wave up (LTF Wave 5).
- Typically, sell 50% during a high-volume spike.
- Adjust stop-loss to breakeven once the trade achieves a 1.5:1 reward-to-risk ratio.
- If the market shows signs of losing momentum or divergence, ill will exit at breakeven.
The market is highly dynamic and constantly changing. HMT signals and target profit (TP) levels are based on the current price and movement, but market conditions can shift instantly, so it is crucial to remain adaptable and follow the market's movement.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
HMT v3.1:
- Enhanced entry confirmation for improved reward-to-risk ratios
HMT v4.0:
- Incorporated buying and selling pressure in lower timeframes to enhance the probability of trending moves while optimizing entry timing and scaling
HMT v4.1:
- Enhanced take-profit (TP) target by incorporating market structure analysis
HMT v5 :
Date: 23/01/2025
- Refined wave analysis for trending conditions
- Incorporated lower timeframe (LTF) momentum to strengthen trend reliability
- Re-aligned and re-balanced entry conditions for improved accuracy
BTCUSDT Trade LogBTCUSDT – 4H Kijun Retest
Price Action & Analysis: BTC is currently hovering around the 4H Kijun level, which has acted as reliable support. We expect a continuation of the bullish momentum going into the weekend, anticipating a clean drive up as buyers step in.
Trade Idea (Long):
– Entry: Buy now at market.
– Risk: 1% of account.
– Reward: Target a 1:3 RRR (place stop-loss just below the 4H Kijun or last swing low).
– Watch out for any macro news that may trigger unexpected volatility. If price fails to hold above the Kijun, manage or exit the trade.
Skyrexio | SUI Is In Huge Trouble, Be CarefulHello, Skyrexians!
The best crypto of 2024 is BINANCE:SUIUSDT , while other altcoins dumped significantly this asset set the ATH every day. This growth caused a lot of optimism and not SUI almost doesn't have haters. It means that price action needs to be cooled off and we will explain you why.
On the daily time frame you can see the entire impulse which consists of 5 waves. This is the complete impulse because of divergence on the Awesome oscillator. This is extremely bearish sign especially in conjunction with the Bullish/Bearish Reversal Bar Indicator which has already printed two red dots. You can check its accuracy before. For example it catches perfectly the bottoms of waves 2 and 4.
These red dots does not mean that we will see the bear market, but major correction is in progress. The logical target is 0.61 Fibonacci at $1.35.
Best regards,
Skyrexio Team
___________________________________________________________
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GOLD Is Bearish! Short!
Please, check our technical outlook for GOLD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2,770.874.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2,759.181 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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Correction down for BitcoinHi traders,
Last week Bitcoin finished the correction down into the Dailly FVG and after that it made a new all time high just like I've said in my outlook.
After the new ATH it immediately reversed to the downside and now it's in a consolidation. It looks like this pair is making an ABC correction down.
Let's see what the market does and react.
Trade idea: Wait for the correction down to finish. This is not the time to trade Bitcoin.
If you want to learn more about trading ICT concepts with wave analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
If you don't agree, that's fine but I don't need to know it.
I do not provide trade signals.
Don't be emotional, just trade!
Eduwave
MPW- About TImeMPW has been taking its swwwweeeetttt time overlapping and making lower lows
This is absolutely related to that insane borrow fee and the shorting taking place
But as with everything else, all things must come to an end :)
Shorts are about to get wrecked for the next couple months most likely
This should fly right along with the other stuff that squeezes from now throughout the summer
I'll most likely end up making this part of my "Squeeze Me" series
Reversal bullish for EUHi traders,
Last week after EU closed above the Daily FVG on Monday, it gave the confirmation that the ending diagonal (wave 5) was finished and this pair reversed to bullish (wave 1).
So next week we could see a correction down and after that another rise.
Let's see what the market does and react.
Trade idea: Wait for a small correction down, a change in orderflow to bullish on a lower timeframe and trade longs.
If you want to see more from my analysis, please make sure to follow me, give a boost or respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. If you don't agree, that's fine but I don't need to know it. I do not provide signals.
Don't be emotional, just trade!
Eduwave
HNT in weekly chartMy last idea for Helium was failed but I wish I could show you all that Ii had purchased HNT in higher levels. What has happen was not a disaster, although it would be great if I could have been able to figure out this correction. What is matter for a an elliottician is that what had been made between March 2023 and February was an impulse wave that is a signal of a long term journey. My strategy is to buy again if you can or just let this trend a little more time to give back your money with a bunch of profits in the next months.
One thing more. When a trend makes a longer correction it means that we might see longer impulse.
Be positive.
EURUSD: Short Trade Explained
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.0491
Stop Loss - 1.0534
Take Profit - 1.0395
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
UXLINKduring my observation of UXLINK i could say that during the period of 4 days there is a price stability as it shown marked on the chart.
this means that probably the downtrend is ended and this is accumulation for the next rally up.
i am thinking that personally i would open a long position maybe lev x5 on cross with a small bag
please when trade on futures never use high leverages and use only small bags of your budget on cross....
nfa
dyor
as i always repeat, i am not a pro trader, i am a patinated trader and during my 2 weeks i have zero loss only thanks to my strategy.