Beyond Technical Analysis
XRUSD Price Market Trend Day TF Long Term BUYXRPUSD is trading at 2.33674, with a strong recommendation to buy for long-term gains. The chart indicates a potential upward trajectory, with price targets set at:
TP1: 2.44200 (Near-term resistance)
TP2: 3.00500 (Mid-term target)
TP3: 3.40000 (Long-term bullish goal)
The mention of 3.40000 at the top of the chart suggests this is a psychological resistance level, reinforcing the optimistic outlook if bullish momentum sustains.
AUD/CAD - Strong Sell setup for Bearish movementsHere we can see that we are in a consolidation zone trading in a Bullish channel.
We have a Liquidity Trend Acting as a support zone for price. We are currently waiting for a breakout trade here and actively looking to possibly sell from this active supply zone if we pull into it. I do belive we may sell off sooner but time will tell.
Confluences are a failed Demand zone
Bearish Breakout Trend
Engulfing Bearish Candle theory
Good luck to any traders that may decide to follow. I have 3 Target levels marked out so feel free to follow along and use these levels
ADA/USDT (1H Timeframe)Current Price:
$0.7694 (up +1.28%)
Key Observations:
1. Ascending Trendline:
The price is moving along a clear ascending trendline, showing short-term bullish momentum.
The price is making higher highs and higher lows.
2. Immediate Resistance Zone:
Price is approaching a resistance zone around $0.79–$0.80.
This area could act as a strong supply zone.
3. Support Zones:
Minor support near $0.757–$0.760 (recent breakout zone).
Major support lies between $0.740–$0.745.
4. Moving Average:
Price is trading above the blue EMA line, indicating buyers are currently in control.
Possible Trading Scenarios:
Bullish Scenario:
If the price holds above the ascending trendline and breaks the $0.78 resistance:
Long Entry: Above $0.780
Target 1: $0.79
Target 2: $0.82
Stop Loss: Below $0.765
Bearish Pullback Scenario:
If the price gets rejected from $0.78–$0.79 and breaks below the trendline:
Short Entry: Below $0.760
Target 1: $0.750
Target 2: $0.740
Stop Loss: Above $0.770
BNB/USDT (1H Timeframe)Current Price:
$674.94 (up +0.82%)
Key Observations:
1. Rising Wedge Formation:
Price is moving upward inside a rising wedge, which is generally a bearish pattern.
The price is currently testing the upper resistance zone near $675–$676.
2. Resistance Zone:
Strong resistance zone is marked just above the current price.
This area has previously acted as supply and could trigger a pullback.
3. Support Zones:
First key support is around $668–$670 (lower pink box).
Major support below that is around $660–$663.
4. Moving Average:
Price is trading above the blue moving average, indicating short-term bullish momentum.
Possible Trading Scenarios:
Bearish Setup (More likely due to wedge pattern):
If price gets rejected at the current resistance and breaks below the wedge:
Short Entry: Below $673
Target 1: $668
Target 2: $660
Stop Loss: Above $676
Bullish Breakout Scenario:
If price breaks and closes strongly above $676:
Long Entry: Above $677
Target 1: $684
Target 2: $692
Stop Loss: Below $673
Accumulate waiting for the next new ATH, BTC 💎 Update Plan BTC (May 26)
Notable news about BTC:
Bitcoin (BTC) is trading above $109,000 as of Monday, staging a solid rebound after Friday’s sharp pullback. The recovery has been largely driven by renewed optimism following US President Donald Trump’s decision to postpone the implementation of a 50% tariff on European Union imports. This move helped calm market jitters and reignited investor appetite for risk assets, including digital currencies.
Institutional interest in Bitcoin also appears to be gaining momentum, with the latest data showing the strongest weekly inflows since late April—an encouraging sign that confidence in the asset remains resilient despite recent volatility.
Trump’s tariff delay spurs BTC bounce
In a post on his Truth Social platform, President Trump announced an extension of the EU tariff deadline to July 9, backing away from the previously scheduled June 1 hike. This announcement came just days after he criticized the lack of progress in negotiations with Brussels, which had rattled markets and led to a 3.9% drop in BTC on Friday. The policy reversal helped restore calm and provided a tailwind for Bitcoin’s upward move to start the week.
Technical analysis angle
The question that investors most interested now is when BTC will have 120k?
Congratulations to the investors. BTC goes on our analysis. Although the price is sideways, we still earn 3000 prices from this coin.
Note that the 113k region can be an important price area for adjustment before 120k and even higher
🔥BTC 4H is currently in the adjustment phase, this time will cause a lot of traders, Future - Margin to lose money, this rhythm will last long
At this time, whether new or old, should spend more time to practice, load more knowledge about the PTKT, as well as find knowledge posts at the channel ..., to strengthen the solid foundation, as well as avoid losing money at this time offline
==> Comments for trend reference. Wishing investors successfully trading
EUR/GBP Bullish Breakout Forming – Falling Wedge & Retest SetupEUR/GBP has been in a prolonged downtrend over the past several weeks, characterized by lower highs and lower lows. However, the recent price action shows signs of exhaustion in selling pressure, as the candles begin to compress into a Falling Wedge pattern — a classic bullish reversal formation.
The wedge is defined by two descending, converging trendlines. As price moves closer to the apex of this wedge, volatility contracts and volume typically dries up (not shown here, but conceptually expected). This signals that market participants are preparing for a directional breakout, most likely to the upside in this context.
🔍 Key Technical Elements:
🔸 1. Falling Wedge Pattern:
The Falling Wedge is a bullish setup that forms during a downtrend and signals a potential reversal when confirmed. Price here has followed a steady decline, but the slowing momentum and structure of the wedge suggest the sellers are losing control.
The wedge acts as a compression zone, where bearish moves are becoming less impactful.
Price touches both upper and lower wedge boundaries multiple times, increasing pattern validity.
A breakout has already occurred, and the pair is now undergoing a textbook retest of the broken wedge resistance (now acting as support).
🔸 2. Retest at Key Support Zone (SR Interchange):
The retest is happening precisely at a former support/resistance flip zone, labeled SR – Interchange on the chart. This is a historically significant area where price has reacted multiple times, adding confluence to the setup.
If this level holds during the retest, it may invite strong buying interest, fueling the bullish breakout move.
🔸 3. Resistance Zones & Targets:
Inner Resistance (~0.8460): First hurdle for bulls; breaching this will signal strong momentum.
Minor Resistance (~0.85618): This is the primary target of the setup, based on previous structure and wedge height projection.
Major Resistance (~0.8740): A longer-term bullish objective if momentum sustains beyond the first two targets.
These zones serve as logical areas for profit-taking and reassessment.
📐 Measured Move & Target Projection:
The projected breakout target of 0.85618 is derived using a combination of:
The vertical height of the wedge at its thickest point.
Previous market structure resistance zones.
Fibonacci and price symmetry (if analyzed further).
This target also aligns with a previous supply zone, making it a strong magnet for price if bullish momentum kicks in.
💡 Trading Plan (Not Financial Advice):
This setup provides a good risk-to-reward opportunity if executed with patience and proper confirmation:
Entry Zone: After bullish confirmation at the retest (e.g., bullish engulfing candle, pin bar, or break of minor lower high).
Stop Loss: Below the SR Interchange zone or recent swing low (~0.8350–0.8360).
Target 1: Inner Resistance (~0.8460)
Target 2: Minor Resistance (~0.85618)
Target 3 (extended): Major Resistance (~0.8740)
🔄 Market Psychology:
This chart setup reflects a shift in momentum and sentiment:
Sellers have driven the price down consistently but have failed to create new significant lows with force.
Buyers are stepping in at key demand zones, creating higher lows within the wedge.
The breakout suggests smart money accumulation, and the current retest offers one of the last low-risk entries before a broader move.
🔔 Confirmation to Watch:
Bullish reversal candlestick patterns at the retest zone.
Break above local lower highs near 0.8440–0.8460.
Momentum indicators (if used) showing divergence or crossover confirmation.
📉 Bias:
Short-Term Bullish
Valid if support at 0.8390–0.8400 holds and price confirms breakout continuation.
🧠 Minds Post (Expanded Explanation)
Title: EUR/GBP Bullish Reversal Developing – Falling Wedge Breakout Retest
EUR/GBP has broken out of a textbook falling wedge on the 4H chart, which often signals the end of a downtrend and beginning of a new bullish phase. The price is currently pulling back, testing the breakout zone — a crucial step in confirming the validity of the breakout.
If this retest holds, we may see a sharp move toward the 0.8460 and 0.8560 levels — both key resistances based on past price action.
This pattern reflects a deeper market psychology shift — from consistent bearish dominance to a potential bullish takeover. Smart money may already be positioning here.
I’m watching for confirmation at the support zone around 0.8390. If price holds and breaks above local highs, a continuation toward the upper resistance is likely.
Let the market come to you. Don’t chase. Wait for structure, then trade with confidence.
Trump Delays Tariffs, but Trade Tensions with EU Are Heating UpDonald Trump is back in headline mode — and this time, the EU is in his crosshairs.
After weeks of relative calm, the US President reignited global trade tensions by announcing a 50% tariff on all EU imports. But in a surprise twist — and in true reality-TV fashion — he’s now pushed the start date from June 1 to July 9.
So Europe gets a five-week stay of execution. Lucky? Or just stuck in limbo?
Let’s dive into what it means for markets, why traders aren’t exactly panicking yet, and whether this is just another Trump bluff — or a prelude to Trade Wars, Season 2.
🍝 All EU Imports — Yes, Even the Pasta
Trump’s post-holiday bombshell would slap a sweeping 50% tariff on everything from French wine and Italian olive oil to German sedans and Spanish ham.
His reason? Brussels is “dragging its feet,” and Trump, never one to shy away from drama, says enough is enough.
Cue the “America First” soundtrack.
But with the tariff now rescheduled for July 9, markets are interpreting this as more of a pressure tactic than an immediate economic hammer. A cooling-off period? Or the calm before the tariff storm?
👀 Markets Blink — But Just Barely
When the initial June 1 announcement hit Friday, Europe’s Stoxx 600 TVC:SXXP dropped about 1% — not exactly a meltdown, more like a “here we go again” shrug.
US stocks , which are closed for Memorial Day Monday, had already wrapped Friday in the red. Investors were digesting the potential for yet another trade war rerun — just when things were starting to feel a bit less chaotic.
The new July 9 date has offered some breathing room, but it hasn’t erased the risk. Instead, it’s created a countdown clock for volatility — one that traders can’t ignore.
⏳ Bluff or Battle Plan?
Trump’s tone this time is more poker table than podium.
“That’s the way it is,” he told reporters.
“Our discussions with them are going nowhere!” he posted on Truth Social.
“I’m not looking for a deal — we’ve set the deal: 50%.”
Still, the sudden five-week delay suggests there might be some wiggle room behind the scenes. Maybe it’s about giving Brussels time to blink. Or maybe it’s about giving voters time to rally.
🧐 Should Traders Be Freaking Out?
Short answer: No.
Slightly longer answer: Not yet.
While the tone feels sharper and the numbers bigger, traders have learned one thing about Trump: even the most dramatic threats often serve as negotiation leverage.
That said, this isn't 2018. The global economy is more fragile. Rates are higher. Consumer fatigue is real. And if this escalates into tit-for-tat tariffs, the recovery narrative could hit a speed bump — just in time for earnings season.
So traders should:
Keep an eye on EU-exposed sectors — autos, luxury goods, industrials
Monitor the FX space — especially EUR/USD volatility
Watch the earnings calendar for reports from multinationals with eurozone exposure
Stay alert for a potential 3 a.m. Trump pivot post
And maybe keep one tab open for the Brussels response
🌱 A New Deadline, Same Old Drama
So, is this real? Maybe. Is it priced in? Partially. Is it over? Definitely not.
The July 9 date might delay the fallout, but it also means the headlines — and market jitters — aren’t going anywhere. Investors now have five more weeks of speculation, positioning, and potential volatility as the transatlantic trade story unfolds.
And if you’re sitting on European exposure? Maybe don’t go full “buy-the-dip” mode just yet. More like a “watch the tape, prep your hedges, and don’t believe everything you read is final.”
Your turn: are you fading the noise or surfing the chaos? Let us know how you’re playing the next move in this global chess match.
EUR/USD Breakdown Imminent – Rising Wedge at Major ResistanceOn the 1H chart, EUR/USD has developed a Rising Wedge pattern, a classical bearish reversal formation. The pair has been moving higher within a tightening structure, marked by converging trendlines—indicating weakening bullish momentum.
What makes this pattern more compelling is that it’s occurring just below a well-defined Major Resistance Zone around 1.1380–1.1400, where previous attempts to break higher have failed. This area has historically acted as a strong supply zone, increasing the probability of a reversal.
🔍 Key Technical Components:
Rising Wedge Pattern: The wedge reflects a temporary uptrend with weakening strength. Bullish candles are getting smaller, and volume appears to be fading (not shown here but typically expected in this setup).
Black Mind Curve Support: A custom support curve illustrating the underlying parabolic trend. Once this is broken, it often leads to a steeper selloff.
Change of Character (CHOCH): Around the 1.1260 level, there's a possible shift from bullish to bearish structure. If price breaks and closes below this level, it will likely confirm a momentum reversal.
Target Projection: The measured move and previous structural support suggest a drop toward 1.11479, which coincides with a prior demand zone. This also aligns with a potential liquidity sweep beneath recent lows.
🔔 Price Action Signals to Watch:
Bearish engulfing candles or strong rejections from the wedge’s upper boundary.
Breakdown below the lower wedge line and the curved support.
CHOCH confirmation – market structure shift from bullish to bearish around 1.1260.
Retest of the wedge breakout level, followed by continuation to the downside.
📌 Trading Plan (Not Financial Advice):
Entry: On break and retest of wedge support.
Stop Loss: Above the wedge high or resistance (~1.1400).
Target: 1.11479 for first take-profit level; partials can be taken at 1.1260 if needed.
📉 Bias:
Short-Term Bearish – Only upon wedge breakdown and confirmation.
🧠 Minds Section (Expanded for Traders' Perspective)
EUR/USD is approaching a critical technical juncture. We are seeing a textbook rising wedge formation into a major resistance zone, signaling exhaustion of bullish strength. While the pair has enjoyed upward momentum, price action is showing signs of slowing, and the structure is no longer sustainable.
This pattern often traps late buyers before reversing. We are closely watching the lower wedge boundary and curved support—a breakdown here will likely trigger bearish momentum, especially with the CHOCH area near 1.1260 acting as a structure-defining level.
If sellers gain control and the breakdown confirms, there’s high probability for a fall to 1.11479, targeting prior demand zones and potential liquidity pockets.
Now is the time to be cautious if long, or begin planning short setups. Wait for confirmation—no need to rush the trade.
Gold price accumulates above 3300, new week⭐️GOLDEN INFORMATION:
Gold (XAU/USD) faced some selling pressure around the $3,335 mark during Monday’s early Asian session, as easing trade tensions slightly dampened demand for the safe-haven asset. The recent softening in rhetoric surrounding global trade disputes has contributed to the metal’s pullback, though upcoming economic events could shift momentum.
On Sunday, US President Donald Trump announced a delay in imposing the proposed 50% tariffs on the European Union until July 9, easing fears of an imminent escalation in trade hostilities. This development has weighed on bullion prices by reducing immediate risk aversion in the markets.
Nonetheless, investor attention now turns to Wednesday’s release of the FOMC Minutes, which could offer further clarity on the Federal Reserve’s monetary policy outlook. Meanwhile, market participants will continue to monitor trade negotiations between the US and Japan, as well as other major economies. Any renewed tensions or setbacks in these discussions could quickly revive demand for gold as a protective hedge.
⭐️Personal comments NOVA:
Gold prices reacted slightly lower after the official announcement of tariff postponement. Accumulated above 3300
⭐️SET UP GOLD PRICE:
🔥SELL GOLD zone : 3388- 3390 SL 3395
TP1: $3376
TP2: $3363
TP3: $3350
🔥BUY GOLD zone: $3301- $3299 SL $3294
TP1: $3312
TP2: $3325
TP3: $3338
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
EURUSD - SHORT PREDICTION - MONDAY, 26TH MAY 2025A pullback appears to be underway, following a sweep of inducement around the 15-minute level at 1.13900—marking our first significant Change of Character (CHoCH). This shift aligns with the broader narrative from the 1-hour timeframe, suggesting the potential for a deeper retracement into the extreme 1H order block.
With the current price trading around 1.13777, we anticipate a move back up to the 1.14078 level. This area is of interest for initiating short positions, in line with the ongoing correction.
Our first take-profit target is set at 1.13368, where we expect an initial reaction. Should bearish momentum continue, we foresee price extending lower to sweep the previous daily low at 1.12771 and potentially tapping into the daily external order block at 1.12664.
From there, we’ll closely monitor price behavior. If bullish intent begins to form, we’ll assess the potential for long setups targeting a move back toward the weekly high at 1.14190.
VIEW: EURUSD-Cut your losses short and let your winners run.
-The market is a device for transferring money from the impatient to the patient.
-In investing, what is comfortable is rarely profitable.
-Trade what you see, not what you think.
CONFIRMATION
-Price is bullish
-Strong order block
-BOS
-Liquidity sweep
-FVG filled
-Price retraced
NB: Do not ever compare yourself to other traders. Take regular breaks from trading Maintain a trading journal Love your craft Learn from other successful traders.
XAUUSD While the GBPJPY trade is still active, I’ve also spotted a new opportunity on XAUUSD and have entered a sell position. I'm sharing the trade here for traders who may want to take it as well.
🔍 Trade Details:
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:1 / 1:1.50
✔️ Trade Direction: Sell
✔️ Entry Price: 3329.64
✔️ Take Profit: 3324.68
✔️ Stop Loss: 3334.59
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Market Map – A Psychologically and Temporally Dead Day Market Map – A Psychologically and Temporally Dead Day
1. First: Australia & New Zealand (Sydney, Wellington)
The market opens quietly. Low liquidity. These sessions are usually weak and act as a warm-up for Asia — mostly correction or sideways prep.
2. Second: Tokyo, Taipei, and Seoul (Japan & Korea)
They step in early. There’s some movement but nothing serious. No real momentum, because they know Europe and the U.S. are closed — no one dares to break key levels. Everyone’s cautious.
3. Third: Shanghai & Hong Kong (China)
China enters the game but doesn’t carry the market. They’re too cautious when the rest of the world is sleeping. They just balance things — no bullish fuel.
4. Fourth: India & Dubai
They enter mid-morning. Try to give the market a little push, but no one joins. Any move up without backup is a trap. At this point, we see clearly: this is a bull trap.
5. Fifth: Around 11am Cairo time – normally London opens… but?
London is closed. New York is closed.
Who’s left?
Only Frankfurt, Paris, Amsterdam — small players, can’t carry the global market alone.
It’s like trying to push a truck with no engine.
⸻
What’s the Psychology Here?
The market is frozen — traders are scared to buy or sell.
No market makers. No institutions.
Who’s active? A few retail traders, and some weak-volume bots.
Overall behavior:
• Morning buyers are trying to exit.
• Sellers see no follow-through.
• The market is whispering: “I’m not moving until the big dogs return.”
⸻
Summary Before We Touch Technicals:
This is not an entry day.
This is a psychological reading day.
Price is sitting around 3,330 — that’s a balance zone.
Traders are trying to hold price still.
If it breaks below 3,320, real selling could begin — but not today.
That breakdown will come when London or New York reopens.
⸻
Technical Analysis (After the Psychology Is Clear)
• Overall Trend: Sideways with a bearish tilt
• Momentum: Price is above momentum level, but it’s a trap
• Volume: Very low — 168K vs. normal 540K
• RVOL: 0.31 = nobody home
• Candle Structure: Rejection candle — long upper wick = failed breakout
⸻
Trading Plan
Sell Stop Order (Pending Order)
Trigger at: 3,320
Stop Loss: 3,355
Take Profit: 3,255
Only when the market wakes up (after holidays).
⸻
That’s the story. That’s the psychology. That’s the plan.
Near-Term Rebound or Continued Weakness Ahead?
Targets:
- T1 = $301.50
- T2 = $308.00
Stop Levels:
- S1 = $287.50
- S2 = $283.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in UnitedHealth Group.
**Key Insights:**
UnitedHealth Group (UNH) finds itself at a technical and strategic inflection point, presenting opportunities for near-term positioning. This healthcare giant has struggled with recent sector-wide headwinds, including concerns around reimbursement rates and broader market volatility. The $295 level represents a significant area of consolidation, with resistance looming around $300-$308. Analysts emphasize close monitoring of volume spikes as they could signal either bullish conviction or continuation of recent weakness.
A deeper dive into sector fundamentals indicates that defensive healthcare stocks may benefit from a potential market rotation, particularly if the broader market encounters volatility. UnitedHealth Group's dominating position within managed healthcare leaves it well-positioned long-term, but short-term sentiment has weighed heavily, leading to over 10% declines in the last month.
**Recent Performance:**
Shares of UNH have declined in tandem with broader healthcare indices, lagging behind key benchmark ETFs like XLV. Over the last month, the stock dropped sharply from the $330 range and now faces strong technical resistance near $300. Recent market weakness reflects unfavorable investor sentiment as well as concerns over federal investigations and leadership uncertainty.
Expert Analysis:
From a technical perspective, traders point to the $287-$290 range as a critical support zone. A bounce off these levels could lead to short-term retracement opportunities targeting $301 and $308. Below $287, the stock could face further downside to the $275 level. Expert traders recommend cautious LONG positions, highlighting the importance of clearly defined stop-loss orders to navigate the current turbulent environment. Sentiment remains mixed due to ongoing investigations into Medicare billing practices.
News Impact:
Recent headlines around a federal probe into UnitedHealth’s Medicare business and the resignation of its CEO have created a cloud of uncertainty around the stock. This type of news-driven sentiment has weighed heavily on the share price and could limit near-term upside unless key questions around corporate governance and regulatory compliance are addressed.
Trading Recommendation:
Considering its current technical levels and mixed sentiment, we adopt a cautiously bullish stance on UNH. Traders may consider entering LONG positions near $295 with a stop-loss below $287 to protect initial capital. Upside targets of $301 and $308 are realistic in the short term, but disciplined risk management is critical given heightened volatility within the healthcare sector.
Bullish Breakout Could Lead to Further Gains
Targets:
- T1 = $350.75
- T2 = $363.25
Stop Levels:
- S1 = $331.50
- S2 = $320.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective intelligence to identify high-probability trade setups. The wisdom of crowds principle suggests that aggregated market perspectives from experienced professionals often outperform individual forecasts, reducing cognitive biases and highlighting consensus opportunities in Tesla.
**Key Insights:**
Tesla continues to demonstrate impressive resilience and positive technical setups despite broader market volatility. The stock has maintained its position above critical support levels, with buying activity persistently pushing prices upward. Key market drivers include Tesla’s leadership in electric vehicle innovation and artificial intelligence integration enhancing its long-term value proposition. Furthermore, renewed market enthusiasm for growth stocks contributes to Tesla’s current trajectory.
**Recent Performance:**
Recently, Tesla's price has stayed on a steady uptrend, advancing 2.7% over the past 7 days and outperforming both the NASDAQ and S&P 500 indices. While brief market corrections momentarily tested its support levels, Tesla quickly recovered, underscoring investor confidence in its growth trajectory. This strong relative outperformance confirms robust market interest in the stock as a leader in innovation.
Expert Analysis:
Market analysts have generally taken a curated bullish view on Tesla, citing multiple bullish technical indicators such as the ongoing price breakout above moving averages and a bullish consolidation pattern. Several analysts project $400 as the next key psychological level if Tesla can surpass its immediate resistance at $354.25. The fundamentals remain compelling, supported by Elon Musk's proactive engagement in Tesla's strategic advancements, which continues to instill confidence among shareholders.
News Impact:
Tesla’s current spotlight is bolstered by anticipation around its robo-taxi service, renewed AI ambitions, and Elon Musk's visible leadership within Tesla operations. These developments, coupled with strong market sentiment during recent announcements, have further strengthened its medium-term outlook. External macroeconomic risks, however, may affect momentum, necessitating vigilance by traders.
Trading Recommendation:
The technical and fundamental setups for Tesla present an opportunity for traders to take long positions with clear upside targets in mind. Critical levels include the immediate support zone at $336.76 and a breakout above $354.25, which can further fuel Tesla’s bullish momentum. Traders should monitor macroeconomic conditions and company updates while maintaining vigilance on stop-loss levels to mitigate risk as market conditions evolve.
Update GBPJPY May 26th, Buy Scalp and Sell SwingRefer to the previous analysis — see how price reacted perfectly from TP1.
I expect price to retest the sell zone, but a break of the blue box is necessary for that scenario to unfold. I also have a take profit level within that area.
Once price enters the zone, I’ll wait for confirmation to sell — or consider placing a sell limit order.
The main target for this short setup is @190.07.