RVN Looks Bullish (1W)It’s one of the coins we are highly bullish on.
A major liquidity pool has been swept, and the price has hit an important origin level.
As long as the upper green zone holds, it can move toward the targets on the daily and weekly timeframes. The targets are marked on the chart.
A weekly candle close below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave Analysis
Potential GBP/NZD long trade setupOkay, let's delve into each of those aspects for this potential GBP/NZD long trade setup:
Probability of This Setup Playing Out
While bullish divergence within a descending wedge can be a strong indication of a potential reversal, it's crucial to remember that no trading setup has a 100% success rate. Here's a breakdown of factors that could influence the probability:
Strength of the Divergence: The clearer and more pronounced the bullish divergence, the higher the potential probability. In your chart, the divergence looks reasonably clear, with the MACD making higher lows while the price makes lower lows.
Breakout Confirmation: The probability increases significantly upon a confirmed breakout above the upper trendline of the descending wedge. A strong bullish candle closing above this line, ideally with increasing volume, would add confidence.
Market Context: Consider the broader market environment. Are there any significant fundamental events (e.g., central bank announcements, economic data releases) related to either the British Pound or the New Zealand Dollar that could disrupt this technical pattern? Strong unexpected news could invalidate the setup.
Timeframe Congruence: While you're looking at the 4-hour chart, checking higher timeframes (daily, weekly) can provide context on the overall trend. If the longer-term trend aligns with your bullish bias, it can increase the probability of success.
Risk Sentiment: Overall market risk sentiment can also play a role. GBP/NZD can be sensitive to risk appetite.
In summary: The setup has a decent probability due to the bullish divergence and the potential for a wedge breakout, but it's essential to wait for confirmation and be aware of the broader market context.
Potential Entry Points
There are a few potential entry points you could consider, each with its own risk and reward profile:
Aggressive Entry: Entering immediately upon a strong bullish candle breaking and closing above the upper trendline of the descending wedge. This offers the potential for the best entry price but also carries a higher risk of a false breakout.
Conservative Entry: Waiting for a breakout and then a successful retest of the broken upper trendline as support before entering. This can offer a lower-risk entry as it confirms that the previous resistance has now become support. However, the price might not always retest.
Entry on Confirmation Signals: Looking for additional bullish confirmation signals on lower timeframes (e.g., 1-hour chart) after the initial breakout. This could include bullish candlestick patterns or further positive momentum on indicators.
Recommendation: For a balance of potential reward and risk management, waiting for a confirmed breakout followed by potential confirmation on a lower timeframe might be a prudent approach.
Risk Management Strategies
Effective risk management is paramount for any trade. Here are some strategies you could employ:
Stop-Loss Placement: already marked a potential stop-loss level below the recent swing low within the wedge. This is a logical placement as a break below this level could invalidate the bullish setup. Ensure your stop-loss is at a level that, if hit, would indicate the analysis was likely incorrect.
Position Sizing: Only risk a small percentage of your trading capital on this trade (e.g., 1-2%). This will protect you from significant losses even if the trade goes against you. Calculate your position size based on the distance between your entry point and your stop-loss.
Reward-to-Risk Ratio: Aim for a favorable reward-to-risk ratio. Your target levels (TRG 1, TRG 2, TRG 3) allow you to visualize potential profits. Ensure that the potential profit outweighs the potential loss before taking the trade. For example, if your stop-loss represents 20 pips of risk, aim for at least 40-60 pips of potential profit at your initial target (1:2 or 1:3 reward-to-risk).
Trailing Stop-Loss: Once the trade moves into profit, consider using a trailing stop-loss to lock in gains and protect against a sudden reversal.
Confirmation Signals You Might Look For
Beyond the initial breakout, here are some additional signals that could strengthen your bullish conviction:
Increased Volume: Higher trading volume during the breakout suggests strong buying pressure and increases the likelihood of the move being genuine.
Bullish Candlestick Patterns: Formation of bullish candlestick patterns (e.g., bullish engulfing, morning star) after the breakout or during a potential retest can signal further buying interest.
Moving Average Crossovers: If you use moving averages, look for bullish crossovers (e.g., the shorter-term moving average crossing above the longer-term moving average) after the breakout.
MACD Crossover Above Zero: The MACD line crossing above the signal line and then moving above the zero line would indicate increasing bullish momentum.
RSI Above 50: The Relative Strength Index (RSI) moving above the 50 level can confirm increasing bullish strength.
How Fundamentals Might Impact This Technical Analysis
While your analysis is primarily technical, it's crucial to be aware of how fundamental factors could influence GBP/NZD:
Central Bank Policies: Monetary policy decisions and statements from the Bank of England (BoE) and the Reserve Bank of New Zealand (RBNZ) are major drivers for these currencies. Any unexpected hawkish or dovish signals could significantly impact the exchange rate.
Economic Data: Key economic data releases from the UK (e.g., inflation, employment, GDP) and New Zealand (e.g., inflation, employment, trade balance) can lead to volatility and potentially override technical patterns.
Global Risk Sentiment: As mentioned earlier, GBP/NZD can be influenced by global risk appetite. During times of risk aversion, safe-haven currencies might strengthen, potentially impacting this pair.
Geopolitical Events: Unexpected geopolitical events can also introduce volatility and affect currency valuations.
Recommendation: Before taking the trade, it's wise to check the economic calendar for any high-impact news releases scheduled for the British Pound and the New Zealand Dollar in the coming days. Be prepared for potential volatility around these events.
Let me know if you have any more questions or would like to explore any of these points in more detail!
i would love to hear back from you your thoughts on this pair
SILVER Will Go Up! Long!
Here is our detailed technical review for SILVER.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 3,308.7.
The above observations make me that the market will inevitably achieve 3,462.2 level.
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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
Bitcoin is going for a new ATHHi traders,
It turned out that Bitcoin made a leading diagonal (wave 1) and a correction down (grey wave 2).
After that it made the next impulse wave up just as I've said last week.
Now we could see small corrections down and more upside for a new ATH.
Let's see what the market does and react.
Trade idea: Wait for a small correction down to trade longs.
If you want to learn more about trading FVG's with wave analysis, please make sure to follow me.
This shared post is only my point of view on what could be the next move in this pair based on my analysis.
Don't be emotional, just trade your plan!
Eduwave
Bitcoin Struggling on Resistance Level#Bitcoin at present Trading around $94-95k
Into
Its most significant and very strong Resistance point..
To analysing,
the market next sequence of moves
Towards,
Either a big Rejections or a little Perfection..🙏
Anyways,
For detailed information,
Must visit my weekly chart based Analysis, that's already posted previously..
And...
#DYOR always & Trade with #StopLoss in #Crypto
The opportunity to earn money on the vib exit pumpIn the coming days, against the background of the beginning pullback in the market, oversold coins from the delisting announcement may become very interesting for speculators, since for strong altcoins that have shown good growth this month, the probability of falling within the rollback prevails, and the threat of assigning the monitoring tag in the second half of the week hangs over weak coins. Today, there was not enough volatility in the market for the breakdown of vib wing and pda due to the lack of futures on them. After the stock market closes over the weekend, there is a possibility of a stable payback of these instruments with major breakouts. There is also a possibility of growth impulses at the beginning of the new week, especially from Tuesday evening to Wednesday, as part of a pullback on the current monthly candle, and on May 1st, a new monthly candle. Against the background of the beginning of the sales period, there is a possibility of disruptions tonight and from Sunday to Tuesday. Vib is in an extremely oversold position, and therefore a slight additional drawdown is possible. If the price approaches 0.01, there will be a good opportunity to buy, which will bring up to 150% profit even with weak dynamics and a retest of 0.025. An additional drawdown of up to 0.5 is possible for wing, and up to 0.00600-750 for pda. With sufficient volatility, there is a chance of growth up to 0.050-75 for vib, 2.5-3.5 for wing and 0.021-25 for pda.
Working with coins from the delisting announcement is extremely dangerous due to high volatility, but it can be extremely profitable, which we observed during the pumps of the previous delisting and the example of alpaca.
In the second half of the week, after assigning the monitoring tag, I will select coins without the tag that are insured against delisting.
Polygon POL ex-MATIC price analysisIs the price of #POL ex-#Matic starting to wake up?
For those who are new to the crypto market, we will remind you that the last time the price of OKX:POLUSDT grew significantly was back in 2020, and since 2021 it has been in a downward trend.
The main task for #POLUSD buyers is to try to fix the price above $0.30.
📈 Only after this condition is met can a difficult and thorny path of growth to $0.66 open up.
There will surely be many people willing to sell #Polygon along the way, after 4+ years of sitting in a drawdown.
_____________________
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14-04-2025 _ Short Term Bullish Idea _ AUDJPY H11- Double Bottom coupled with Divergence and followed by Convergence.
2- Correction happened in the form of Bullish Flag.
3- After correction strong Bullish Impulse.
4- AB = CD pattern anticipated.
5- Therefore, one can expect a push to the upside.
6- Look for BUY Entry after correction, not (when price action is) on the way down.
DAX Resistance Ahead! Sell!
Hello,Traders!
DAX is trading in a strong
Uptrend, recovering itself
From the trade-war lows
And the index is locally
Overbought so after the
Retest of the horizontal
Resistance above at 22,500
We will be expecting a local
Bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
SLPUSDT at least +200% gain is ahead As we mentioned before we are looking for at least +160% gain to the red resistance zone target or if it break more pump is ahead like previous time breakout and bull market can lead here for a while.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
VOXEL/USDTKey Level Zone: 0.07350 - 0.07560
HMT v8.1 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
HMT v6 :
Date : 15/02/2025
- Integrated strong accumulation activity into in-depth wave analysis
HMT v7 :
Date : 20/03/2025
- Refined wave analysis along with accumulation and market sentiment
HMT v8 :
Date : 16/04/2025
- Fully restructured strategy logic
HMT v8.1 :
Date : 18/04/2025
- Refined Take Profit (TP) logic to be more conservative for improved win consistency
Possible reversal of this bullish wave...(LOG)Orange circles highlight repeated price rejection and the formed doji that suggests a slowdown in a bullish wave and potential reversal. The confluence of the descending trendline and horizontal supply/resistance zone creates a high-probability reversal or breakout from this triangle.
If the price rejects again from the current supply zone and triangle, short setup toward the Fibonacci retracements or demand zones (18300 and below).
If the price breaks above the descending trendline, bullish continuation will likely target 20,000+ (Swing H).
Trend remains down.
Entry 19300
TP 18300 below
Target 14k.
XRP Short Term Analysis (4H)XRP is exhibiting bullish signals supported by multiple technical indicators.
An Inverse Head and Shoulders pattern has clearly formed on the chart, indicating a potential reversal from the previous bearish trend. Additionally, the downward trendline appears to be breaking out with increasing volume, which reinforces the breakout confirmation.
From an Elliott Wave Theory perspective, we seem to be in wave 3, which is typically the most impulsive and extended leg of the five-wave cycle.
Given the structure and momentum, a conservative price target lies at the $2.30 level, representing the measured move from the neckline of the H&S formation.
Further upside may follow if wave 3 unfolds as expected, but short-term corrections should also be anticipated.
Risk management remains essential, as macroeconomic factors and fundamental news may cause volatility.
— Thanks for reading.
#SEI/USDT#SEI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 0.2000, which acts as strong support from which the price can rebound.
Entry price: 0.2032
First target: 0.2074
Second target: 0.2119
Third target: 0.2164
#SUI/USDT#SUI
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 3.35, which acts as strong support from which the price can rebound.
Entry price: 3.43
First target: 3.62
Second target: 3.80
Third target: 4.00
GBPUSD - Big Move Setting Up - Elliott Wave AnalysisGBPUSD is currently unfolding a 5-wave impulsive move according to Elliott Wave Theory.
At the moment, we are in Wave 4, which typically corrects against the larger trend.
Key Points:
Wave 2 was a simple correction, so based on alternation, Wave 4 is expected to be more complex (likely an ABC structure).
Wave 4 often retraces to the 38.2% Fibonacci level — in this case, aligning perfectly with a long-term ascending trendline, providing additional confluence for a potential buy zone.
Trade Plan:
- Monitor the ABC correction for completion near the 38.2% retracement.
- Look for bullish confirmation (trendline break, bullish structure shifts, BOS, etc.).
- Entries will be considered after clear signs of bullish pressure.
- Stoploss: Below the lows formed during the Wave 4 correction.
Targets:
First Target: 1.3400 (450 pips)
Second Target: 1.3750 (800 pips)
Summary:
Patience is key during the Wave 4 correction. Once the setup confirms, this could offer a strong risk-reward opportunity within the overall bullish impulsive structure.
See our past GBPUSD setups below:
Swing 1:
Swing 2:
Swing 3:
GOLD Analysis (April 26, 2025) - 2 hours, weekly & MonthlyChart 1: 2-Hour Chart (Short-Term View)
Pattern Observed:
Clear Elliott Wave structure identified.
Wave ①, ②, ③, and ④ are completed.
Currently in Wave ⑤ (ongoing impulsive up move).
Current Setup:
Wave ⑤ has started and appears to be very impulsive.
The target for Wave ⑤ is near $3600 zone.
Expect a sharp upside move toward $3600 in coming sessions (possibly within next 1–2 weeks).
Important Note:
Since Wave ⑤ is impulsive, price may move very fast with little retracements.
Strategy:
Short-term bullish until $3600 is reached.
After completing ⑤, expect a strong and sharp correction downward.
Chart 2: Weekly Chart (Medium-Term View)
Pattern Observed:
Weekly candle has formed a long-legged inverted hammer, almost like a high wave spinning top.
This is a warning sign indicating strong indecision and possible trend exhaustion.
Interpretation:
Weekly structure is signaling that GOLD is losing strength at higher levels.
There is hesitation for further continuation of the uptrend.
After a small last push (likely completing the final Wave ⑤), there are high chances of a bigger retracement.
Strategy:
Watch closely how next week’s candle forms.
If next week closes weakly or forms a bearish pattern (like bearish engulfing), expect bigger fall.
Chart 3: Monthly Chart (Long-Term View)
Pattern Observed:
Monthly chart shows momentum loss at top.
AO (Awesome Oscillator) indicator is flattening after a massive upmove.
Momentum divergence starting to appear (price made higher high, AO showing flattening/slightly diverging).
Interpretation:
GOLD is still strong, but momentum is clearly reducing at the top.
If GOLD touches $3600 next month and fails to sustain, a big red monthly candle can form.
This could mark the start of a medium-term bearish phase (several months correction).
Strategy:
Next month (May 2025) is extremely critical for GOLD’s major trend decision.
If a red candle forms in May after touching $3600, it could trigger a multi-month downward correction.
Conclusion:
In the short term (next few days), GOLD likely continues to rally towards $3600.
Next 2–3 weeks are critical — observe if reversal signs appear near $3600.
May 2025 is very important:
A monthly red candle after touching $3600 can confirm a bigger downward correction.
If correction starts, it will likely be sharp and deep, matching the intensity of the 5th wave up.
Disclaimer:
This analysis is for educational purposes only and not a financial advice. Trading involves risk. Please consult your financial advisor before making trading decisions.
FRIFFAIN BULLISH TREND UPDATE!!
Griffain has officially broken its long-standing diagonal trendline resistance, which had been holding the price down since February. This is a strong signal that the bearish trend has finally been broken.
The second major sign of this shift is the key support zone that price had tested multiple times before bouncing back up—showing solid rejection and buyer interest.
The third confirmation lies in the price structure itself: Griffain had been forming consistent lower lows, confirming a bearish trend. But now, something beautiful has happened—it failed to form another lower low, and instead, it’s now forming a higher low. This is a classic sign of bullish momentum building and clearly shows that the bearish pressure has been broken.
From here, we expect the price to move upward, InshaAllah.
The yellow lines are our targets, and if this momentum continues, we could even see Griffain retesting its all-time highs—and potentially setting new ones.
Just to highlight the strength of this move: Griffain has already shown a 130% rise in under 7 days, which speaks volumes about the momentum and interest behind this asset. 🚀
InshaAllah, brighter days ahead!
Microsoft Wave Analysis – 25 April 2025
- Microsoft rising inside impulse wave i
- Likely to test resistance level 394.60
Microsoft continues to rise inside the minor impulse wave i which started earlier from the support area between the key support level 356.75 and the lower daily Bollinger Band.
The active impulse wave i belongs to the c-wave of the ABC correction 2 from the start of April.
Microsoft can be expected to rise toward the next resistance level 394.60 (which reversed the previous waves iv and a).