Beyond Technical Analysis
XAUUSD projectionXAUUSD is geared toward a bearish sentiment. raid of asian high checked, mitigation of an order block also checked. other confluences recorded also
BTC's Bull Run: Profit Realized, Resistance AheadCurrently, BTC is hovering around $88,000. We had already achieved our profit target yesterday. Ever since BTC broke through the $85,000 mark, it has been rising continuously. The market is in a bullish - dominated trend, with strong buying power driving the price up steadily. Although it's in an uptrend, there's uncertainty about its future movement as it hasn't broken through the $89,000 - $90,000 resistance range. If it fails to break through this resistance zone effectively, the price may decline again eventually.
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.
GBP/USD: Struggles at Resistance, Risks of Weak Oscillation PersDuring the European session on Tuesday, GBP/USD held steady above 1.29000. However, the technical outlook maintained a bearish bias. The US dollar strengthened due to upbeat data, suppressing the rebound of the British pound. The exchange rate faced resistance at key resistance levels when attempting to rise.
If it fails to break through these resistance levels, in the short term, it may continue the weak, oscillatory downward trend, and the downside risks still remain. The market lacks strong momentum, and overall, it stays in a weak, oscillatory pattern.
GBPUSD
sell@1.29600-1.29900
tp:1.28800
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.
Gold: Safe - Haven Drop, Short - Term BetsGold remains buoyed by safe - haven sentiment. Nevertheless, subsequent to a substantial rally to a high, gold underwent a swift retracement. In truth, the support for gold emanating from safe - haven requirements is a rather commonplace occurrence. Given that the bullish impetus in the gold market failed to persist, this implies that the upside potential for gold bulls is circumscribed. During the US trading session in the gold market, gold initially rallied and then declined. We directly initiated a short position on gold at $3032. As projected, gold declined, enabling us to realize profits. Should gold rebound to an elevated level during the US trading session, a short position should still be contemplated.
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.
JPY/USD Technical Analysis – Bullish Breakout from Falling WedgeIntroduction
The JPY/USD chart showcases a classic falling wedge pattern, a strong bullish reversal signal. This pattern is characterized by converging downward-sloping trendlines, indicating a weakening bearish momentum. Eventually, buyers stepped in, leading to a breakout to the upside. This analysis breaks down key elements, including support and resistance zones, trendlines, trading strategy, and risk management.
1. Breakdown of the Chart Pattern
A. The Falling Wedge Formation (Bullish Reversal Pattern)
A falling wedge is a bullish technical pattern that forms when the price consolidates within two downward-sloping trendlines that converge over time. This signals that selling pressure is decreasing and a reversal may be near.
Downtrend Structure: The price was previously in a consistent downtrend, making lower highs and lower lows, which formed the wedge.
Breakout Confirmation: Once the price broke above the upper trendline, the pattern was confirmed, indicating the start of a bullish move.
Retest Possibility: Often, after a breakout, the price retests the upper trendline before continuing higher. If it holds, it strengthens the bullish outlook.
B. Key Levels Identified in the Chart
1. Support Zone (Buying Area)
The price found strong support in the 0.006291 – 0.006500 region.
Buyers stepped in, preventing the price from dropping further.
This support level coincides with the bottom of the wedge, further validating its importance.
2. Resistance Zone (Profit Target)
The 0.007100 – 0.007200 area is a major resistance level where sellers have previously dominated.
If the price reaches this level and consolidates, traders will look for either a breakout or a rejection.
A break above 0.007200 would indicate further bullish continuation.
3. Trendlines & Curve Formation
A curved trendline in the chart suggests a gradual transition from bearish to bullish momentum.
The dotted ascending trendline now acts as dynamic support, helping the price sustain its bullish move.
2. Trading Strategy & Risk Management
A. Entry Strategies
Traders have two primary ways to enter this trade:
Aggressive Entry:
Enter immediately after the breakout of the wedge.
Higher risk but captures early momentum.
Conservative Entry:
Wait for a pullback to the trendline before entering.
Lower risk as it confirms trend continuation.
B. Take Profit Targets
Primary Target: 0.007117 (Resistance level from previous highs).
Extended Target: 0.007200 (Next significant resistance).
C. Stop Loss Placement
Below the recent swing low at 0.006291 to protect against false breakouts.
Ensures a favorable risk-to-reward ratio.
3. Market Sentiment & Confirmation Signals
✅ Bullish Confirmation
Breakout from the falling wedge
Price holding above the trendline
Higher highs and higher lows formation
Increased buying volume
⚠️ Bearish Risks & Invalidations
A break below the trendline would indicate weak momentum.
If the price fails to hold support, it could reverse downward.
Low volume on the breakout could signal a fake breakout.
4. Final Thoughts
This setup provides a high-probability trading opportunity following the breakout from a falling wedge pattern. The risk-to-reward ratio is favorable, making it an ideal setup for trend-following traders. However, patience is key—waiting for a successful retest before entering can minimize risks. If the price maintains momentum, we could see a rally toward the 0.007100 – 0.007200 resistance zone in the coming weeks. 🚀
Eyes Off the Road, But On the Prize?While Tesla often dominates the autonomous driving narrative, the reality is far more nuanced. This article posits that Mobileye, with its recent significant collaboration with Volkswagen, stands as the only true competitor in this high-stakes technological race. Volkswagen's decision to integrate Mobileye's advanced camera, radar, and mapping technologies into its high-volume models underscores a growing industry trend: established automakers are increasingly relying on specialized technology providers to navigate the complexities of assisted and autonomous driving. This partnership not only validates Mobileye's technological prowess but also signals a potential shift in the autonomous driving landscape, moving beyond Tesla's proprietary approach.
Mobileye's strategic advantage lies in its comprehensive suite of technologies, notably the Surround ADAS platform powered by the EyeQ™6 High processor. This vertically integrated solution delivers sophisticated Level 2+ capabilities, including hands-free driving in specific conditions, and is designed for scalability across mass-market vehicles. Complementing this is Mobileye's innovative Road Experience Management™ (REM™) technology, a crowdsourced mapping system that leverages data from millions of vehicles to create and maintain high-definition maps globally. This approach offers near real-time updates and superior local accuracy, providing a critical foundation for future autonomous capabilities and contrasting with Tesla's reliance on its fleet data.
The fundamental difference in business models further distinguishes the two companies. Mobileye operates as a technology supplier, forging partnerships with over 50 automakers and integrating its solutions into numerous vehicle models. This strategy allows for a diverse and expansive collection of real-world driving data. In contrast, Tesla's vertically integrated model confines its autonomous driving technology primarily to its vehicles, potentially limiting its market reach and the breadth of its data acquisition. While Tesla champions an in-house approach, Mobileye's collaborative strategy positions it as a key enabler for the wider automotive industry's autonomous transition.
Ultimately, Mobileye's current focus on delivering robust and scalable Level 2+ systems, exemplified by the Volkswagen partnership, reflects a pragmatic evolution towards full autonomy. Coupled with positive analyst outlooks and a solid financial foundation, Mobileye is not just a contender but the most significant challenger to Tesla's autonomous driving ambitions, offering a compelling alternative path in the pursuit of a driverless future.
TRADING PLAN: GBPJPY SHORT TRADE SETUP Considering the bearish sentiment in GJ today, and the successful liquidity grab at the Asian session high, we'll take a short position. Our initial target is a 1:1 risk-reward ratio, followed by a 1:2 ratio after securing some profits.
GU sells TP hit!!!In my last trading setup update I told you tht buy Limit Order was invalidated so we took the sells which went straight to the profit up to 40 pips 1/2RRR thts +2%
BTC/USD Rising Wedge – Bearish Breakdown Ahead?Introduction: Understanding the Market Structure
This Bitcoin (BTC/USD) 4-hour chart presents a technical setup with a mix of bullish and bearish formations. The analysis focuses on key support and resistance zones, trendlines, and chart patterns to determine the next possible move.
🔍 The key takeaway? BTC has formed a Rising Wedge, a bearish reversal pattern, signaling potential downside unless a breakout invalidates the setup.
1. Market Structure & Current Trend Analysis
📌 Market in Curve Formation – The Accumulation Phase
Before the recent rally, Bitcoin was in a downtrend, making lower lows and lower highs, suggesting a period of price weakness.
However, price found strong support at around $77,600 - $80,000, forming a curved bottom structure—an early signal of an accumulation phase.
This bottoming pattern transitioned into a bullish uptrend, leading to the formation of a rising wedge.
🔹 Key Observations:
✔ Accumulation near $77,600 created a base for buyers.
✔ The gradual recovery curve suggests a shift from bearish to bullish momentum.
✔ Bitcoin later formed higher lows, confirming a temporary uptrend.
⚠ Shift in Momentum – The Rising Wedge Appears
The price rallied from the support zone but started forming a Rising Wedge pattern, which is typically a bearish signal.
A rising wedge indicates that although buyers are pushing prices up, they are losing momentum.
The narrowing price range suggests that sellers are entering at higher levels, weakening bullish strength.
2. Key Technical Levels to Watch
🔵 Resistance Zone ($92,000 - $94,957)
The shaded area near $92,000 - $94,957 is a major resistance level, where BTC previously failed to sustain a breakout.
This supply zone has been tested multiple times, reinforcing its strength.
The Stop Loss for short positions is placed above $94,957—any breakout above this level would invalidate the bearish setup.
🟠 Support Zone ($77,600 - $80,000)
The strong demand zone between $77,600 - $80,000 aligns with previous support levels.
If the rising wedge breaks down, this is the first major price target where BTC could find support.
A strong breakdown below $77,600 could lead to further declines toward $75,000 or lower.
3. The Rising Wedge Pattern – Bearish Warning!
🔍 What is a Rising Wedge?
A Rising Wedge is a bearish reversal pattern that forms during an uptrend when price moves within two converging trendlines.
It indicates that buyers are losing strength, and sellers are preparing to take control.
Once the lower trendline breaks, it confirms bearish momentum, leading to a price drop.
📝 Current BTC/USD Rising Wedge Analysis:
BTC has formed higher highs and higher lows, but the price range is narrowing.
The lower trendline is critical—a breakdown below this level could trigger a sharp decline.
The bearish target aligns with the support zone near $77,600.
4. Trading Plan – Possible Scenarios
📉 Bearish Breakdown Scenario (High Probability)
✅ Entry: Short BTC if the price breaks below the rising wedge (~$86,000 - $85,500).
✅ Stop Loss: Above $94,957 to protect against invalidation.
✅ Take Profit Target: $77,600 - $80,000 (first support level).
✅ Extended Target: If BTC drops below $77,600, watch for $75,000 - $72,000.
✅ Risk-Reward Ratio: Ideally 1:3 or higher for optimal trade management.
📈 Bullish Breakout Scenario (Low Probability but Possible!)
If BTC breaks and closes above $94,957, the bearish setup becomes invalid.
A confirmed breakout above resistance could push BTC towards $98,000 - $100,000.
Traders should wait for volume confirmation before entering long positions.
5. Risk Management & Final Thoughts
⚠ Risk Factors to Consider:
If BTC breaks the wedge with low volume, the move might be a false breakdown.
Macroeconomic events, such as interest rate decisions, can influence price behavior.
Watch for bullish divergences in indicators like RSI or MACD before shorting aggressively.
🔎 Conclusion:
The Rising Wedge pattern suggests a bearish reversal—a breakdown could send BTC toward $77,600.
Traders should wait for confirmation before entering trades.
If BTC breaks above $94,957, a bullish continuation could push it toward $100,000.
🔥 Bearish Bias Until Breakdown Confirmation!
Would you like an indicator-based analysis (e.g., RSI, MACD, or Moving Averages)? 🚀
Gold (XAU/USD) Technical Analysis – Triangle Breakout & Bullish Overview of the Chart
This chart presents a daily timeframe (1D) analysis of Gold (XAU/USD) and highlights a well-defined bullish trend supported by a breakout from a triangle pattern. The overall price action suggests a strong uptrend continuation, with clearly marked support and resistance levels, trendlines, and potential trade setups.
Gold has been consistently respecting key technical levels, forming higher highs and higher lows, which is a classic indicator of a strong bullish market. Traders can use this analysis to identify entry points, stop-loss levels, and profit targets for a strategic trading approach.
Key Technical Components in the Chart
1. Triangle Pattern Formation – The Setup for Breakout
One of the most crucial formations in this chart is the triangle pattern, which acts as a continuation pattern.
The triangle pattern (highlighted in green) represents a period of consolidation where price action was squeezing between higher lows and lower highs before a breakout occurred.
This pattern suggests that buyers and sellers were in equilibrium, building up momentum before gold made a decisive move to the upside.
The breakout above the upper boundary of the triangle confirms the bullish continuation, leading to a strong rally.
📌 Technical Significance: Triangle patterns are a reliable technical structure used by traders to anticipate breakouts. The breakout direction (upward in this case) determines the next trend phase.
2. Trendline Analysis – Defining Market Structure
The dashed black trendline represents the primary ascending trendline, which has been respected multiple times, indicating that the market remains in an uptrend.
Several minor support levels (highlighted in blue) have acted as strong demand zones, preventing price breakdowns and helping sustain the bullish momentum.
A major support zone (highlighted in beige at $2,300-$2,400) serves as the base of the uptrend, where price action historically reversed strongly, indicating heavy institutional buying.
📌 Technical Significance: As long as the price remains above these support levels, the uptrend remains intact.
3. Breakout & Price Action Structure – Momentum Confirmation
The breakout from the triangle pattern signaled the beginning of a new bullish impulse wave, and the price action structure confirms this move.
Higher Highs & Higher Lows: The black zig-zag pattern represents a strong bullish structure where each retracement finds support before continuing higher.
Price Movement Post-Breakout:
After breaking above the triangle’s resistance, gold started forming higher highs at an accelerated pace.
Minor pullbacks are bouncing off key support levels, providing re-entry opportunities for traders.
📌 Technical Significance: A breakout followed by sustained higher highs and strong buying pressure is a key bullish signal.
Trading Plan & Strategy
1. Entry Strategy – Ideal Buying Zones
Buy on Pullbacks:
Enter near minor support levels to take advantage of retracements.
This improves the risk-to-reward ratio and reduces exposure to sudden reversals.
Confirmation Signals:
Look for bullish candlestick patterns (bullish engulfing, pin bars, hammer candles).
Increased trading volume on bullish moves supports trend continuation.
2. Stop-Loss & Risk Management
📍 Stop-Loss: $2,661
Placed below the most recent minor support level to protect against downside risk.
If price breaks below this level, it may signal a trend shift or deeper correction.
📍 Why this Stop-Loss Level?
It ensures a tight risk control while allowing room for natural price fluctuations.
3. Take-Profit & Target Projection
📍 Target Price: $3,170
The measured move projection from the triangle breakout suggests a target near $3,170, which aligns with historical resistance.
If the price approaches $3,100-$3,170, traders should monitor for potential reversals or further breakouts.
4. Key Factors Supporting the Bullish Bias
✅ Uptrend Structure: The market is making higher highs and higher lows, which is a textbook sign of bullish momentum.
✅ Breakout Confirmation: The price has broken out of the triangle pattern and is sustaining higher levels.
✅ Support Levels Holding: Each pullback is being absorbed by buyers at well-defined support zones.
✅ Momentum & Volume: Increased volume and strong buying pressure indicate that the bullish trend is likely to continue.
5. Risk Management & Market Conditions
Market Sentiment:
If gold continues to hold above the support zones, further upside momentum is likely.
If price starts breaking below key support levels, it may signal a trend reversal or deeper correction.
Geopolitical & Economic Factors:
Gold prices are often affected by inflation data, interest rate changes, and global uncertainties.
Traders should monitor economic news that could impact gold’s trend.
Conclusion – A High-Probability Trade Setup
This analysis confirms that gold (XAU/USD) is in a strong bullish uptrend following a successful triangle breakout.
🚀 Trade Setup Summary:
✅ Entry: Buy on pullbacks at minor support levels
✅ Stop-Loss: $2,661 (Below support)
✅ Target Price: $3,170 (Next resistance level)
✅ Risk-Reward Ratio: Favorable setup with strong trend confirmation
🔹 Final Verdict: As long as gold remains above the minor support levels, the bullish bias remains strong, making this a high-probability long trade setup.
Would you like to add any additional indicators (RSI, MACD) for confirmation? 📈
The Power of Commitment in Trading Psychology: A Key to Success
The Power of Commitment in Trading Psychology: A Key to Success 📈💡
Hey TradingView community! I’ve been diving into some trading books lately, and one chapter really hit home: it’s all about commitment. Turns out, it’s the key to making it as a trader—especially in the crypto space where volatility can test your emotions. Here’s what I learned and how I’m applying it to my trading mindset.
Commitment isn’t just about showing up—it’s about promising yourself to be the best trader you can be. I read about a guy who made a ton of money but lost it all because he wasn’t fully in. It made me realize: you can’t just dabble in this game. You gotta go all in. For me, this means sticking to my trading plan, even when the market (or my emotions) tempts me to stray. In crypto, where prices can swing wildly, this is crucial.
One big thing that messes with commitment is the battle between wanting quick wins and sticking to a plan. I’ve caught myself following random advice without thinking—anyone else been there? It’s a trap. Commitment means getting your mind, emotions, and actions on the same page. I’m working on staying disciplined by focusing on my system, even during losing streaks. For example, I use stop-losses and take-profits to keep my emotions in check when trading BTC or ETH.
Here’s a 3-step process I picked up to build commitment:
1️⃣ Figure out what you really want from trading (e.g., steady growth, not just mooning coins).
2️⃣ Spot what’s getting in your way (like fear of losses or FOMO).
3️⃣ Make a plan to push through—like setting clear risk management rules.
For me, this has been a game-changer in staying consistent, especially in volatile markets like crypto.
Psychology matters so much! A lot of traders fail not because their system sucks, but because they can’t stick with it. I’m starting to see how knowing myself better helps me stay committed. Some practical stuff I’m trying: starting small to build confidence, sticking to my system no matter what, learning from experienced traders, and not letting fear of losses throw me off. My current focus is on keeping my position sizes small (1-2% risk per trade) and reviewing my equity curve weekly to ensure I’m on track.
Biggest takeaway: commitment is what makes or breaks you as a trader. It’s about knowing yourself, staying disciplined, and pushing through the tough times. I’m ready to step up—how about you?
What’s your biggest challenge with staying committed in trading?
Let’s discuss in the comments! 👇
AMD Potential Long. 85% Win Rate. Using the above chart as a Macro indicator you can see that the time to buy AMD has arrived.
Each time the RSI moves to an oversold position in the 3 week we often see great returns. The exception being 2008 where the period was much longer than usual.
Yesterday I finished back testing AMD from 1972 to 2025. I came out with a 85% win rate over those years. I did not use the chart above either as it would have created an unfair bias for my normal trading strategy and rules. 1994-1995ish was the first bad trade and another stumbling block was 2008-2009. As it was very drawn out and stop losses were triggered.
Using the 85% Win Rate strategy and using the above chart shows us the following:
RSI: Tickled the oversold zone. I am sceptical of this as I do not think the move will be a massive one as it barely touched the zone but in previous years we will still see a 30-40% move in similar cases.
Phoenix Bollinger Bands: This indicates that price is where its suppose to be. On lower timeframes it also shows that price does have the potential to expand to 130-140 range.
Strategy: The strategy that I use is indicating that the 2 week buy signal is 2 days away from confirming.
I have the following things to do:
1) Update tomorrow if Buy Signal is confirmed. If was more aggressive I would be buying today but because its only a 85% win rate and not 90%+ like the others I will wait.
2) Regardless if price goes down from here or not. I will start to build a position from tomorrow.
Sorry that I did not post all the charts etc in this one today. I am just a bit busy with my own trades and thought I would try get this out ASAP.
Have a blessed day and Stay Adaptable.
XAU/USD Today - Will It Continue Falling?🔔🔔🔔 Gols news:
👉Gold prices continued to decline early Tuesday, though they remained above the $3,000 level. Reports indicate that Trump's tariffs will be narrower and less sentient than initially feared, while the recent recovery of the U.S. dollar from multi-month lows and optimism about a potential peace deal between Russia and Ukraine have weakened XAU/USD. The daily chart for XAU/USD shows the pair under pressure for the third consecutive day, although the decline still appears to be a corrective movement.
👉Meanwhile, U.S. economic data has been largely positive. S&P Global released preliminary estimates for the March Purchasing Managers’ Index (PMI), stating that U.S. business activity growth accelerated in March as a strong expansion in the services sector offset a fresh decline in manufacturing output. The composite PMI improved to 53.5 from 51.6 in February.
Personal analysis:
👉Gold will maintain its downward trend in the short term due to positive news from the USD.
👉Technically, DXY's daily RSI shows signs of recovery after entering the oversold zone.
👉Analysis based on important resistance - support and Fibonacci levels combined with trend lines and EMA to come up with a suitable strategy
Support zone: 3000 - 2.984 - 2.971
Resistance zone: 3.025 - 3.033 - 3.047
Plan:
🔆 Price Zone Setup:
👉Sell Gold 3023- 3025(Scalping)
❌SL: 3029 | ✅TP: 3018 – 3013 – 3007
👉Sell Gold 3038- 3040
❌SL: 3044 | ✅TP: 3033 – 3028 – 3023
👉Buy Gold 2999 - 3002 (Scalping)
❌SL: 2995 | ✅TP: 3006 – 3011 – 3016
👉Buy Gold 2982- 2984
❌SL: 2978 | ✅TP: 2989 – 2994 – 3000
FM wishes you a successful trading day 💰💰💰
DYDXUSDT - a real oppurtunity!the coin is currently in a deep bottom compared to its December peak, having dropped over 80%.
Buying now is a rare opportunity that may not come again in the future.
On the 3-day chart there is a nicly breakout of a 4 months downtrend ...
the most important resistance is at the key level—once it breaks, the price will pump insanely.
best regards Ceciliones🎯
