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BTC at a Crossroads: Breakdown or Fakeout to 84K?BTC Is At a Pivotal Level — Here's What I'm Watching We're hovering around 81,300. If that breaks, I’m watching for a move down to 79K. If selling pressure continues, 74K is next. And if that fails, 64K is on the table. But here’s the flip side — we could dip to around 81,200, hold, and squeeze up to 84K before the real drop begins. This is where traps happen. I’m staying cautious and letting price lead the way. Kris/Mindbloome Exchange Trade Smarter Live Better
KRAKEN:BTCUSDShort
by Mindbloome-Trading
2
IWM Below $195! Can it Survive the Gamma Squeeze Pressure?🧠 Macro Context * The Trump tariff news shocked risk-on assets, and small caps were hit hardest. * IWM broke below the $195-$199 demand zone, now sliding into dealer gamma hedging territory. * GEX flow now clearly suggests a momentum-driven selloff, with risk of gamma acceleration if $192 breaks down. 📊 Technical Analysis (1H) 🔺 Previous Structure: * IWM retested $201 after consolidating for days, then dumped hard, invalidating the breakout structure. * The large red candle broke through the HVL zone ($199) and cleared multiple support levels in one move. 🔻 Current Zone: * Trading near $192.40, where there's no immediate gamma support, making this a vulnerable spot. Key Levels: * Immediate Resistance: * $198 – PUT Wall zone (2nd wall) * $199–$201 – HVL, former support now resistance * $203–$206 – stacked GEX CALL walls * Support Zone: * $191.43 – session low * $190–$188 = potential short-term bounce zone if VIX compresses * Below $188 = open gamma air pocket to $185 🧨 GEX + Options Sentiment GEX Analysis (Options GEX ): * 🔴🔴🔵 GEX = short gamma, dealers are likely short puts and hedging by selling into weakness. * $198: 2nd PUT Wall and GEX floor — breaking this triggered the slide. * No firm GEX support until $190, meaning price can overshoot downward. Options Oscillator: * IVR 40.4 / IVx avg 39.7 – moderate vol setup, but rising put pressure post-tariff. * PUTs 21.5% – leaning bearish * Spike in upcoming OPEX gamma positioning means dealers are reactive, not supportive. 🎯 Trade Setups 🐻 Bearish Continuation: * Entry: Breakdown below $192.00 * Target: $190 → $188 * Stop: Above $195 reclaim * Contracts: 0DTE or 2DTE $190P / $188P 🐂 Bounce Reversal Play: * Only viable if $192.00 forms a strong base and we reclaim $195 with volume * Target: $198–$201 (retest of breakdown) * Contracts: 0DTE $195C / Spread to $198 🔍 Conclusion: IWM is under pressure with no strong gamma cushion until $190. If $192 fails, expect volatility spikes. Dealers are likely hedging against further downside. Only reversal signal would be a strong reclaim above $195–$198, which may spark a reflex rally. Suggested Play: * Scalpers: $192.00 key pivot * Swing: Bearish bias into $190 unless bulls reclaim $195 HVL zone * Options: Puts for continuation / tight call spreads only above $198 Disclaimer: This is for educational purposes only. Always manage risk and trade with discipline.
AMEX:IWM
by BullBearInsights
1
Check if it can rise along the rising trend line (2) Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- We need to see if USDT and USDC can continue the gap uptrend. - (BTC.D 1M chart) If BTC dominance rises above 62.47 and maintains or continues to rise, altcoins are likely to record a larger decline. Therefore, you should think about how to respond to the altcoins you are trading. If the uptrend continues, it is expected to rise to the Fibonacci ratio range of 0 (73.63) ~ 1 (77.07). In order for the altcoin bull market to begin, it must fall below 55.01 and be maintained or show a downward trend. - (USDT.D 1M chart) In order for the coin market to begin an upward trend, the USDT dominance must fall below 4.97 and be maintained or show a downward trend. If it does not, and it rises, the coin market is likely to show a downward trend. We need to see if it can meet resistance near the Fibonacci ratio of 0.618 and fall. If not, the coin market will show a large downward trend as it rises to around 7.14. - USDT is likely to continue to rise. This is because it is the fund that supports the coin market. Due to this, USDT dominance is also likely to continue its upward trend. Therefore, rather than following the overall flow of USDT dominance, it is better to look at where it starts to decline. ----------------------------------------- (BTCUSDT 1D chart) Whether the price can be maintained above the M-Signal indicator on the 1D chart while maintaining the price above the upward trend line (2) and passing through April 4-6 is the key. In order to continue the upward trend, it must rise above 89294.25, so if possible, we should also look at whether it can rise above 89294.25. If it does not and falls along the downward trend line, it is possible that it will touch around 73499.86 during the volatility period around April 25. - The most recently formed high-point trend line is trend line (3). And, the recently formed low-point trend line is the (2) trend line. Since these two trend lines are not moving in one direction, we can see that we are currently in the volatility zone. If the StochRSI indicator rises this time and forms a peak in the overbought zone and then falls, the high-point trend line will draw an upward trend line like the low-point trend line. When that happens, it seems likely that the trend will start. Therefore, the point of interest is whether the two volatility periods in this April, around April 5 and around April 25, will become turning points. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​This is an explanation of the big picture. I used TradingView's INDEX chart to check the entire BTC range. I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10). (Previous BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (Current BTCUSD 12M chart) Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15). Fibonacci ratio 0.618 (44234.54) is not expected to fall again. (BTCUSDT 12M chart) Looking at the BTCUSDT chart, I think it is around 42283.58. - I will explain it again with the BTCUSD chart. The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges. In other words, it seems likely to act as a volume profile range. Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28). Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section. To do that, we need to look at whether it can rise with support near 2.618 (134018.28). If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%. So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54). I will explain more details when the downtrend starts. ------------------------------------------------------
by readCrypto
USDJPYHello Traders! 👋 What are your thoughts on USDJPY? USDJPY is moving within a descending channel and has currently reached the top of the channel, just below a resistance zone. We anticipate some consolidation in this area, followed by a potential drop toward the bottom of the channel. For a safer sell entry, it’s better to wait for a break below the specified support level. After the breakout, a pullback to the broken support could offer a good sell opportunity. 💡Will USD/JPY respect the channel and head lower, or break out to the upside? Share your view below! 👇 Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
17
Trump Tariffs: Gold's Wild Ride & What's NextToday, Trump's policy of reciprocal tariffs has been officially implemented. The gold market, which has been overly hyped, has witnessed the fulfillment of a risk event, and the concentrated closing of long positions has triggered a deep correction. Spot gold prices plummeted from the high of $3,167.71 per ounce in the early Asian trading session. It touched a low of $3,054 per ounce, with an intraday amplitude of over $110, completing the technical action of building a top. The leading institutional investors have precisely taken advantage of the market psychology of "buying on the news and selling on the fact" and completed the long position layout before the tariff policy was implemented. Their operation method is quite typical: first, they attract retail investors to take over the shares through a pulsed upward pull. Subsequently, they adopt a three-stage washing method of "plunge - consolidation - second plunge", completely breaking the recent upward oscillation pattern in the Asian and European trading sessions. This method is identical to the top formations in history on many occasions, and its purpose is precisely to create panic selling and trap the chips that chased the high prices. Technically, a clear top signal has emerged in the daily chart of gold. Currently, the decline has exceeded the 38.2% Fibonacci retracement level, and the price has fallen below the middle band of the Bollinger Bands, indicating that the medium - term trend may reverse. However, it should be noted that this round of adjustment has not yet completed the complete five - wave structure. In the future, we need to focus on the guidance of tomorrow's non - farm payrolls data on the market's expectations of the Federal Reserve's policies, as well as whether the weekly closing price can confirm the head pattern. John suggests that it's advisable to mainly adopt a wait - and - see approach. One should get involved only after the trend stabilizes. Pay attention to the resistance levels above at 3118 and 3130, and the support levels below at 3100 and 3085. I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSDLong
by JohnGonzalez7
1
Gold's April 2nd Swing: Tariffs Stir MarketsOn the morning of Wednesday, April 2nd, spot gold was trading in a narrow range, currently around $3,114 per ounce. Gold prices rose and then fell on Tuesday. Spot gold once rose to around the $3,150 mark earlier, reaching a new all - time high of $3,148.85 per ounce, but then declined due to profit - taking, closing at $3,114.03 per ounce, with a decline of about 0.3%. US President Trump planned to announce on April 2nd that comprehensive tariffs would be imposed on countries with which the US has a trade imbalance. This led to a large number of safe - haven buying orders, helping gold prices continue to rise. However, near the end, some bulls took profits in advance. In terms of the 4 - hour - level trend, it is temporarily in a high - level range - bound oscillation, undergoing repair. Currently, the short - cycle moving averages are basically in a state of adhesion and flattening, suggesting that the trend is likely to remain in a high - level oscillation and repair within the day. The 1 - hour moving averages of gold still show a bullish arrangement with a golden cross pointing upward. Although gold has broken below the moving average support, the strength of the bullish rebound of gold is still relatively strong. Coupled with the support of gold's safe - haven property, the bulls still have the upper hand. As long as the price does not break below $3,100, the bullish view remains unchanged. For intraday operations, it is recommended to focus on buying on dips. Pay attention to whether the support at yesterday's low of $3,100 holds. In the short term, pay attention to the resistance at $3,140 - $3,150 above. XAUUSD buy@3100-3110 tp:3130-3140-3150 I will share trading signals every day. All the signals have been accurate for a whole month in a row. If you also need them, please click on the link below the article to obtain them.
FOREXCOM:XAUUSD
by JohnGonzalez7
1
Breaking: $PI Dips 18% Today, Reaching New All-Time Low The price of the notable crypto asset NASDAQ:PI saw a nosedived today plummeting 18% reaching a new all time low price albeit the general crypto landscape is in a bloodbath with CRYPTOCAP:BTC dipping to $81k pivot similarly assets like CRYPTOCAP:ETH , CRYPTOCAP:SOL , $TRUMP and a whole lot of tokens saw a massive selling spree except for NYSE:FUN token that surged 55% today. As of the time of writing, NASDAQ:PI is down 13% with the RSI at 21, this is hinting at a bullish reversal prior to the falling wedge pattern depicted in the chart. Other factors that attributed to the crypto currency and stock market downturn is the Donald Trumps' tax Tariff edict leading to Over $1.65 trillion wiped out from US stock market at open. What Is Pi Network? Pi Network is a social cryptocurrency, developer platform, and ecosystem designed for widespread accessibility and real-world utility. It enables users to mine and transact Pi using a mobile-friendly interface while supporting applications built within its blockchain ecosystem Pi Price Live Data The live Pi price today is $0.568544 USD with a 24-hour trading volume of $437,786,014 USD. Pi is down 16.31% in the last 24 hours. The current CoinMarketCap ranking is #27, with a live market cap of $3,862,744,520 USD. It has a circulating supply of 6,794,101,040 PI coins and a max. supply of 100,000,000,000 PI coins.
Short
by DEXWireNews
Gold and Elliott Wave Theory.Wave 2(Green) was a Zigzag and we should expect a Flat correction for a Wave 4. An A Wave forms shortly after Wave 3 was formed and a Wave B should follow. B's have 3 waves-- two impulses and one corrective-- and in this case Wave A was a simple Wave that was corrected by a Flat for B(Black). Our last impulse is a 5 Wave move and is marked in Black. We are currently on Wave 4 which will be a Flat because 2 was a zigzag. We are currently on the last phases of the B wave(Blue) that comes before a C(Blue) also a 4(Black) in this case. A retest at the 261.8% would spark a Wave 4.
OANDA:XAUUSD
by machariavictor017
1
QQQ Slammed Below $465! Gamma Flip Confirmed QQQ Slammed Below $465! Gamma Flip Confirmed as Tariff Panic Grips Tech Sector 🌐 Macro Context (April 2, 2025) Trump’s new tariff announcement this morning ignited fear of inflation returning and disrupted global trade expectations. That spooked big tech and growth-heavy indices like QQQ, triggering gamma-driven liquidation and a sharp intraday breakdown. * Traders and dealers were not positioned for this headline — the rapid IV expansion and negative delta hedging caused a cascading sell-off. * From a GEX perspective, today’s action triggered a flip below HVL ($471), with gamma accelerating downside volatility. 📉 Technical Breakdown – 1H Chart Price Action: * QQQ attempted to push through $475–$480, but got rejected violently. * The huge red candle that nuked through $471 HVL and $469 confirmed a break of structure and bearish imbalance. Support Zones: * $455 – being tested now; psychological and options-related level * $453.86 – today’s session low * $450–$447 – likely short-term gamma target if weakness persists Resistance Levels: * $465 – 3rd PUT Wall * $471 – HVL (now major resistance) * $474–$477 – stacked CALL walls and former support 🔻 Options GEX & Dealer Positioning GEX Flow: * 🔴🔴🔵 = Short Gamma territory, and it’s growing more negative. * Highest GEX support has disintegrated, with dealers hedging by shorting into the drop. * Net GEX flipped negative below $471, increasing volatility. * Dealer gamma continues to point down, with no major PUT walls until $450 zone. Options Sentiment: * IVR 38.4 / IVx avg 35.6 – slightly elevated vol, but with more room to rise * PUTs 55.5% – bearish lean confirmed * Expiry in 2 days + tariff panic = likely continuation or high chop volatility tomorrow 📌 Trade Setups 🐻 Bearish Continuation (Preferred Bias) * Entry: Below $453.50 * Target: $450 → $447 * Stop: Above $458 reclaim * Contract Idea: 0DTE or 2DTE $455P/$450P depending on risk appetite * Note: Gamma trap zone from $455–$450 likely to accelerate price movement 🐂 Dead Cat Bounce Setup (Low Conviction) * Only valid if QQQ reclaims $465+ with volume + positive options flow * Target: $471–$474 * Play with small size or debit spreads due to risk of gamma reversal 🔍 Conclusion + My Thoughts This tariff-triggered crash was unexpected, and it created a dealer short-gamma loop in QQQ. The break below $471 HVL turned the table fast. Unless QQQ quickly reclaims $465+, we're likely heading to test $450 levels in the coming sessions. Tech tends to react aggressively to macro policy shifts, and the lack of near-term options support shows dealers are NOT stepping in. That opens the door for continued downside or extremely choppy relief rallies. Be fast. Be nimble. 🎯 Key Levels Recap: 🔴 HVL $471 Former support → resistance 🔻 Support $455 / $453.86 Price and psychological 🚨 GEX Target $450 / $447 Dealer hedging likely 🔼 Resistance $465–$471 Gamma ceiling now 📢 Final Tip: Watch VIX, bond yields, and /NQ overnight — any panic escalation may turn this into a larger gamma-driven flush. Disclaimer: For educational purposes only. Not financial advice. Always manage your risk and position sizing accordingly.
NASDAQ:QQQ
by BullBearInsights
Penguin Solutions, Inc. (PENG) Reports Q2 Financial Fiscal ResulPenguin Solutions, Inc. (NASDAQ: NASDAQ:PENG ) today reported financial results for the second quarter of fiscal 2025 and announced the planned retirement of Chief Operating Officer (“COO”) and President of Integrated Memory Jack Pacheco. Second Quarter Fiscal 2025 Highlights Net sales of $366 million, up 28.3% versus the year-ago quarter GAAP gross margin of 28.6%, down 20 basis points versus the year-ago quarter Non-GAAP gross margin of 30.8%, down 70 basis points versus the year-ago quarter GAAP diluted EPS of $0.09 versus $(0.26) in the year-ago quarter Non-GAAP diluted EPS of $0.52 versus $0.27 in the year-ago quarter “We are pleased with the progress we are making in fiscal year 2025,” said Mark Adams, Chief Executive Officer (“CEO”) of Penguin Solutions. “Our results reinforce our capabilities in managing the complexity of AI for our valued customers. Given our strong start to the fiscal year, we are raising the midpoint of our revenue outlook for the full year.” Despite the commendable results, shares of NASDAQ:PENG are down 5% today albeit the general crypto and stock market landscape are facing extreme selling pressures amidst Donald Trump's Tariffs war with over $1.65 trillion wiped out from US stock market at open today. The support point has already being broken with eyes set on the 1-month low as the support should selling pressure increased as there is more space for a cool off as hinted by the RSI at 40. Analyst Forecast According to 8 analysts, the average rating for PENG stock is "Strong Buy." The 12-month stock price forecast is $24.75, which is an increase of 40.87% from the latest price.
NASDAQ:PENGLong
by DEXWireNews
Very Interesting XRPUSDT Update: Did You Know...This is very interesting for many reasons. How are you doing my friend in the law? It's been a while, almost a month since we last spoke. It is truly my pleasure to write again for you and I hope that you find this information useful in someway if not entertaining. Whatever you do, you are awesome and you are great. Life is the best thing the Universe has to offer and you are alive... Let's get to the chart. Cryptocurrency Market About To Boom! —XRPUSDT This is an XRPUSDT update on the daily (24-Hours per candle) timeframe. Why interesting? Because I am still using the same chart I used back in February and XRPUSDT continues to trade above the 3-February low point. It is hardly necessary to highlight this on the chart but, I've done it for your convenience. So here is the thing, I will recap because it's been a while. As long as XRPUSDT trades daily, weekly, etc., above $1.70, market conditions are strongly bullish. The longer it trades above this level the better the situation for buyers. The longer the consolidation phase, the stronger the bullish wave that follows. Even with the upswing in January XRPUSDT has been sideways since late 2024. We can say since December 2024 so sideways for four months. How much longer will it stay sideways? Not much longer. Worst case scenario it goes into consolidation for another 60-90 days. That's the worst case. Normal scenario would be 30-45 days before a major bullish impulse. Best and most likely scenario is that the next bullish wave will start within 30 days. We are in-between the last two, the first one is out of the question for now. Caution: If the market drops, tests and pierces $1.70 the bullish bias remains. In this type of scenario, we look at the weekly and monthly timeframes. There was a low in early February and higher-low mid-March. On a short-term basis, trading above $1.89, the 11-March daily low, is considered bullish. (Which means that the inverse would be considered bearish.) There are no indications or signals coming from the chart pointing towards a new bearish-trend. None. The market has been sideways after a very strong period of growth. Current action is the consolidation of the previous move. When a bullish phase ends, we tend to see a strong decline right afterward, this happens with Crypto. When a bullish move makes a pause, we see sideways and this is what we have here. Actually, this chart is a strong one but still neutral. Neutral is the accumulation period for whales whom need months to load up. Since they purchase billions worth of Crypto, it takes time to plan and to move this money around and that's why it takes so long between each phase. I am tracking whale alerts all of the time. Most of the money is in place. After the money exchanges hands and is positioned, there is always a small pause before the action starts. Money always moves before the action and never within the action. So the money moves, pause and then lots of price movements. While prices are moving, no big transactions are taking place, these are taking care of beforehand. Consider the fact that there are hundreds of exchanges and everything moves simultaneously and at the same time. The only way this is possible is through long-term coordination and group planning. What to expect? Expect the market to heat up slowly. And after a slow rise and heating up then the bullish impulse and bull-run. It will be a long process and it will develop in many months. If you are reading this now timing is great. Spot traders can continue to buy and hold. For leveraged traders, I have to look at some more charts before giving any suggestions. I will feel more comfortable when I read at least 100 charts. Market conditions are changing and improving and it will do so long-term, but we still have one more month before May when the force will be in our favor, we are still in the sideways period, accumulation/consolidation. Boring? No! Time to study and prepare. The market gives us time to be at our best before the really good action starts and this is only good, don't you agree? A bear-market means lower lows and lower highs long-term. 2025 is a bull-market year, likely to be the strongest ever. There is a huge difference. It is like calling night when it is day. It is like saying the sun is about to go up when the sky is ready to rain. We are about to a see and experience a rain of cash flowing into the Cryptocurrency market and this will in turn send everything up. There is no bear market, we had a correction after a major advance and this is normal. After the correction is over we get consolidation, after consolidation prices will grow. Mark my word. I appreciate you now and always. Thanks a lot for your continued support. Namaste.
Long
by MasterAnanda
1
4/3 Gold Trading StrategiesTariff concerns and inflation have once again triggered significant volatility in gold. After yesterday’s price surge following news announcements, today’s market opened with continued bullish momentum, reaching around 3170. For traders who managed to keep up with the market rhythm, this was a golden opportunity—but for those caught on the wrong side, it was a disaster. The persistent price rally has put short sellers under significant pressure. While I hope most of you are in long positions, I also understand that’s not always the case. For those stuck in short trades, the key now is to minimize losses or even turn the situation into a profit. Based on the current price structure, I expect a high-level pullback. If your short position isn't causing serious damage to your account, holding on could be a viable strategy. The expected trading range includes a high point at 3166-3178 and a low point at 3138-3123. Additionally, several key technical levels need to be monitored for potential reversals. Trading Recommendations: 📌 Main Trades: Sell in the 3166-3182 range Buy in the 3136-3121 range 📌 Short-Term Scalping: Be flexible in the 3147-3158 range Manage your risk carefully and adjust your trades based on market movements! 🚀
FOREXCOM:XAUUSDShort
by China_MsWang
EUR/USD Analysis Ascending Triangle Breakout – Bullish TargetOverview of the Chart: The chart represents the EUR/USD (Euro to U.S. Dollar) pair on a 1-hour timeframe, showcasing a bullish ascending triangle breakout. The pattern indicates an upward continuation in the trend after a period of consolidation. This analysis will break down the key elements of the chart, the technical structure, and the potential trading strategy. 1. Market Structure & Key Zones A. Market Curve Area (Early Trend Development) The price started with a strong bullish trend leading up to the formation of the triangle. The curved trendline suggests a gradual increase in buying pressure, indicating that the market was preparing for a larger breakout. B. Resistance and Support Levels Resistance Level (Red Arrow & Blue Box): This level acted as a price ceiling where sellers previously dominated. The market attempted multiple times to break this resistance before successfully breaching it. Support Level (Green Arrow & Yellow Zone): The price consistently found buyers at this level, reinforcing a higher low structure. The rising support line within the triangle indicated strong accumulation by buyers. 2. Chart Pattern: Ascending Triangle Formation The price action formed an ascending triangle, which is a well-known bullish continuation pattern. The higher lows (trendline support) indicated buyers were gaining control, gradually pushing the price toward the resistance. Eventually, the resistance was broken with strong bullish momentum, confirming a valid breakout. 3. Breakout Confirmation & Retest The breakout above the resistance level came with high volume, indicating strong market participation. After the breakout, a minor pullback (retest) occurred, confirming previous resistance as new support. The price surged upward after the retest, validating the bullish trade setup. 4. Trade Setup & Risk Management A. Entry Strategy A trader would enter a buy (long) position after confirming the breakout. Entry Trigger: Either at breakout (high-risk, early entry) Or after a successful retest (safer entry) B. Stop Loss Placement A stop loss is placed below the previous support level at 1.07276, ensuring risk is limited in case of a false breakout. C. Target Projection The target price is measured using the height of the triangle added to the breakout level. Based on this calculation, the projected target is around 1.12838. 5. Conclusion & Trading Plan The EUR/USD pair has executed a clean ascending triangle breakout, signaling further bullish movement. The trading plan suggests: ✅ Entry: Buy after breakout confirmation or retest. ✅ Stop Loss: Placed below 1.07276 for risk management. ✅ Take Profit: Targeting 1.12838, based on the pattern’s height projection. This setup presents a high-probability long opportunity in a trending market, with proper risk management to protect against potential reversals.
Long
by GoldMasterTrades
EUR/USD Ready to Soar? Bullish Setup Unfolding!Hi traders! Analyzing EUR/USD on the 1H timeframe, spotting a potential entry: 🔹 Entry: 1.0831 USD 🔹 TP: 1.0983 USD 🔹 SL: 1.0672 USD EUR/USD is respecting a key trendline support, suggesting a potential bullish continuation. RSI is holding above 60, and MACD shows signs of bullish momentum. If the price remains above the support line, we could see a push toward 1.0983 USD. Keep an eye on price action! ⚠️ DISCLAIMER: This is not financial advice. Trade responsibly.
Long
by FXOnTop
2