Gold May be heading towards an ATHThis is my entry for Gold today. Based on my analysis earlier this week, I expected gold to make a brief retracement earlier in the week before a push towards the upside. Now we are aiming for a new high.
Candlestick Analysis
S&P ES Long setup target 5963.50 / Calls SPY target 596Fibonacci technical analysis : S&P 500 E-mini Futures CME_MINI:ES1! has already found support at the Fib level 78.6% (5623.50) of my Down Fib. Last Daily candle (May 2) has closed above retracement Fib level 78.6%. My Down Fib guides me to look for CME_MINI:ES1! to eventually go up to hit first target at Fib level 127.2% (5963.50).
CME_MINI:ES1! – Target 1 at 127.2% (5963.50), Target 2 at 161.8% (6205.50) and Target 3 at 178.6 (6322.75)
Stop loss slightly below the 61.8% retracement Fib level (5506.25).
Option Traders : My AMEX:SPY chart Down Fib shows price to go up to Target 1 at 127.2% (595.82), Target 2 at 161.8% (620.50) and Target 3 at 178.6 (632.50)
Stop loss slightly below the 61.8% retracement Fib level (549).
Enjoy the trading process and take time to smell the roses🌹
MES Short🔴 High Risk Short
Bearish Market Structure Shift caused by price meeting origin of Daily MSS from Mar04. Trade mapped on the hourly timeframe; focusing on impulsive swing high at $5956.25 that created MSS.
Entry on measured 61.8% fib retracement @ $5914.75.
TP1: $5873.25 (1R)
TP2: $5822.25 (2.25R)
Second take profit level lines up with both 200SMA + bullish 4H channel support , adding confluence to trade idea. It stands to reason price will retest the support of a longstanding bullish channel.
Notes:
•Stops moved to BE once TP1 hit
•Trade is high-risk due to SL having no significant higher timeframe importance.
The reason I’m focusing on this leg of price action rather than the 4H high at $5993.25, is because this hourly high specifically created the higher timeframe MSS. It suggests there’s an unusually high amount of sellers at that level.
BTC - Will it break the ATH? BITCOIN is near its all-time high!
Mapped out possible BUY or SELL opportunities in DAILY timeframe.
BTC is currently inside a triangle that is about to burst. Create your alerts/notifications to catch this move :D
3M Wave Analysis – 21 May 2025
- 3M reversed from multi-month resistance level 154.00
- Likely to fall to support level 145.00
3M recently reversed down from the multi-month resistance level 154.00 (which has been reversing the price from the end of January) intersecting with the upper daily Bollinger Band.
The downward reversal from the resistance level 154.00 formed the daily Japanese candlesticks reversal pattern Evening Star.
Given the strength of the resistance level 154.00 and the overbought daily Stochastic, 3M can be expected to fall to the next support level 145.00.
Long trade
1Hr TF overview
🟩 Buyside Trade Log
📈 Pair: SHIB/USDT
🏷️ Type: Intraday | NY Session PM
🧠 Setup: Wyckoff Accumulation (Breakout Phase)
📅 Date: Monday, 19th May 2025
🕐 Time: 1:00 PM (1.55 pm)
🔹 Entry Price: 0.00001393
🔹 Profit Target: 0.00001535 (+10.19%)
🔹 Stop Loss: 0.00001388 (-0.36%)
🔹 Risk-Reward Ratio: 28.4
🔍 Reasoning:
The trade was structured around the Wyckoff Accumulation narrative, where the price completed its consolidation phase and transitioned into a breakout from the resistance ceiling. This move followed clear signs of absorption, a spring phase, and confirmation via higher lows within a trading range. Volume confirmed the breakout leg during the NY PM session.
5min TF entry
Observe the failed first attempt (which provided the consolidation range) and added further conviction to the buy-side entry 2nd attempt.
CADCHF update!!Good day traders, I’m back with yet another update on CadChf and if I can remember well I mentioned the first time I posted this setup that this one is special because it offer us opportunities to learn and get to see if what ICT(Micheal.J) says about his concepts true or not, for me they work!!
The first setup I posted here and the second one will both be tagged in the description below just to support my ideology and how I came about this setup. On the first setup there was a large wick that i stated should be considered as a Gap and we saw price close above it to balance that gap. And you move one TF higher on your weekly there you’ll see that price has failed multiple times to balance that weekly VI, back on our daily TF we can see that price did not fully trade through that 1st.PFVG and we want to see it come back to fully trade through the gap.
Overall bias is BUYSIDE LIQUIDITY!!
How to arrange after gold falls into consolidation🗞News side:
1. US officials said Trump's statement was related to the Golden Dome Project, which may affect the flow of funds
2. The tension in the Middle East has intensified, and the risk aversion sentiment has increased, which is good for gold
3. Although the withdrawal of Indian and Pakistani troops has eased the regional situation, geopolitical risks still exist
4. Trump mentioned the tax bill, which affected economic expectations and affected gold investment sentiment to a certain extent.
📈Technical aspects:
At present, gold is in consolidation, and the upward trend is slightly stagnant. From the hourly chart, there are signs of downward correction after the upward test of 3320. In the short term, the upper 3320 line has a certain suppression, so gold may test the support again and then rise after stabilizing. Then the first support below is the 3292 line, followed by the 3285 line. If it falls below, it may test the two key support points of 3273 and 3265. The current trend is not clear. In the future trading, we will wait patiently for the gold price to stabilize before entering the market.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
OANDA:XAUUSD FX:XAUUSD TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD
CADCHF - Sell Short - Trendline and Candle stick confluences. Market is making a series of LH and LLs- Market has rejected from trend line resistance. Bearish Engulfing candle formation is a strong confluence of market bearish trend.
we can instant enter in the market, SL would be slightly above Last confirmed LH and TPs would be with R:R of 1:1 and 1:2 respectively.
Nifty Analysis EOD – May 21, 2025 – Wednesday 🟢 Nifty Analysis EOD – May 21, 2025 – Wednesday 🔴
🌀 The Dead Cat Bounces Effect After Yesterday's Quick Fall 🌀
Nifty opened with a 45-point gap-up and, within the first 10 minutes, that gap was filled—marking a low of 24692.65. From there, a sudden burst of buying pressure launched the index above the 24768–24800 resistance zone in just 25 minutes. This sharp move triggered a round of short covering, propelling Nifty to the day’s high of 24946.20.
As shared live on TradingView, the Fib resistance zone of 24930–24940 (0.764–0.786 levels) was a key level to watch. True to expectation, Nifty faced strong rejection from this zone, leading to a V-shaped reversal—wiping out all gains in the next hour and marking a new low of 24685.35.
🌀 Screenshot from Tradingview - 1
🌀 Screenshot from Tradingview - 2
It was a rollercoaster ride in the first half. Post this, Nifty traded mostly within the CPR’s Top Central (TC) and Bottom Central (BC) range—though this range itself was 104 points, keeping the session active and far from boring.
Nifty’s close at 24813, around the VWAP and Central CPR, suggests a temporary equilibrium between buyers and sellers. The good part? We closed above the critical 24768–24800 support-turned-resistance. But there's a catch—the close is below yesterday’s Fib 0.5 retracement, signaling potential caution.
⚠️ Cautionary Note:In the short-term, today’s session fits the textbook example of a Dead Cat Bounce. With weekly expiry tomorrow, it's wise to stay alert and not get trapped in noise. Discipline and patience will be key.
🛡 25 Min Time Frame Chart
🔄 What’s Next? / Bias Direction
Wide trading range remains intact. But here’s the game plan:
📈 Long Setup:Above 24850, watch for strength with targets:→ 24920→ 24980→ 25075
📌 Above 25075, sharp short covering can drive price towards 25222 (Yes, it’s far—but good traders plan ahead, always).
📉 Short Setup:Below 24640–24625, weakness may extend down towards:→ 24500→ 24460
Let price action confirm.
🛡 5 Min Intraday Chart
🥷 Gladiator Strategy Update
Strategy Parameters
ATR: 324.57
IB Range: 151.65 → Medium IB
Market Structure: Balanced
Trade Highlights
✅ 1st Long Trigger: 10:05 AM – Target Achieved (R:R = 1:1.5)
💼 Total Trades: 1
🕯 Daily Time Frame Chart
🔍 Support & Resistance Levels
🔺 Resistance Zones:
24,882
24,920
24,980 ~ 25,000
25,062 ~ 25,070
🔻 Support Zones:
24,768 ~ 24,800
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
✍️ Final Thoughts
"Volatility doesn’t trap the prepared, it challenges them."
Tomorrow being expiry, let the levels speak. Stay objective, stay adaptive.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Shiba Inu Crypto: A Useless Coin That Can Still Make You RichHey everyone, welcome back to a new supply and demand crypto analysis. Today, I will analyse one of the most unexpected — but potentially lucrative — investment opportunities in the crypto space right now: Shiba Inu Metaverse crypto.
Yeah, I know what you’re thinking… “Isn’t Shiba Inu just another meme coin?”
And yes, fundamentally, it’s not trying to solve world hunger or revolutionise finance. But guess what? You don’t need a coin to be helpful to make money from it.
All you need is to understand price action and supply and demand. That’s it.
What is Shiba Inu?
So let’s break it down. Shiba Inu started as a meme — a direct competitor to Dogecoin. It’s an ERC-20 token on the Ethereum network with a massive circulating supply and a huge following. Over time, it has evolved and launched its own ecosystem — including Shibarium, SHIB: The Metaverse, and other utilities.
But let’s be real: Shiba Inu is not about real-world utility. It’s about speculation, community hype, and timing the market right based on simple but powerful trading concepts.
Daily Timeframe is Trending UP
Right now, things are shifting in our favour on the daily timeframe. We’ve just entered an uptrend — a key change in market structure — and more importantly, we’ve got a new imbalance forming around $0.00001320. This is the next key level where we’re waiting to re-enter the market.
Why wait? Because smart investors don’t chase candles. They wait for the price to return, where demand will likely kick in again. That level is $0.00001320. Once price returns there and confirms demand, we buy — and we ride the next wave.
As gold's rally stalls, do bears have a chance?Technical aspect:
Gold is currently fluctuating in a narrow range around 3310, and the short-term direction is not clear. However, the rebound potential is relatively weak, but for the London market, gold's willingness to retreat is not strong; however, from a technical perspective, the current gold structure is still biased towards bulls, and gold still has the potential to continue to rebound to the area around 3330, or even the area around 3350;
However, after the rise of gold stagnates, we still cannot aggressively chase gold in trading, one is to prevent technical retracement after the sharp rise of gold; the other is to prevent the retracement of gold in order to grab liquidity after the rise of gold stagnates. In the short term, the support area we must pay attention to is in the 3285-3275 area, followed by the 3260-3250 area. If gold cannot break through the 3320-3330 area in the short term, gold may still continue to test the support area.
Trading strategy:
1. If gold still cannot effectively break through the area around 3320 in the short term, you can consider trying to short gold in small quantities around 3310-3320; TP: 3280-3270, set up protection to prevent gold from continuing to rise to 3330 or even 3350;
2. Consider going long on gold when gold retreats to the 3285-3280 area, set up protection to prevent gold from continuing to retreat to the 3260 area.
Long trade🟩 Buyside Trade Log
📈 Pair: SHIB/USDT
🏷️ Type: Intraday | NY Session PM
🧠 Setup: Breakout
📅 Date: Monday, 19th May 2025
🕜 Time: 1:30 PM
🔹 Entry Price: 0.00001393
🔹 Profit Target: 0.00001448 (+3.95%)
🔹 Stop Loss: 0.00001388 (-0.36%)
🔹 Risk-Reward Ratio: 11.00
🔍 Reasoning:
The trade was triggered during the NY PM session following a breakout from local consolidation. Price action demonstrated strong bullish intent with a clean sweep of near-term resistance and no immediate supply overhead
30min TF
Gold is rising strongly, can it retreat and go long today?🗞News side:
1. US officials said Trump's statement was related to the Golden Dome Project, which may affect the flow of funds
2. The tension in the Middle East has intensified, and the risk aversion sentiment has increased, which is good for gold
3. Although the withdrawal of Indian and Pakistani troops has eased the regional situation, geopolitical risks still exist
4. Trump mentioned the tax bill, which affected economic expectations and affected gold investment sentiment to a certain extent.
📈Technical aspects:
Yesterday we gave the view that there would be suppression at the 3290 level above, but affected by geopolitics, risk aversion sentiment rose again. Today, the moving average spread upward, and the Bollinger Bands opened and expanded, and the situation is still bullish. At present, we need to pay attention to the key short-term support level, focusing on the 3280-3285 support line. If the price retreats to this level and does not weaken, it can be considered as an opportunity for us to go long. If the resistance of 3320 is broken through strongly, the upper target will move up, and the lower support will also move up accordingly. 3300 will be converted into an entry opportunity for bulls to pull back. Therefore, we need to observe the price continuity in the European session. If the European session continues to break highs, the US session's correction will still be mainly based on long positions. During the day, it is recommended to wait for gold to retreat to 3290-3280 and try to arrange long positions, looking upward to 3320-3330.
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD FX:XAUUSD OANDA:XAUUSD
Is a Range Forming?The S&P 500 has enjoyed a powerful rally in the last month, and now some traders may anticipate a sideways move.
The first pattern on today’s chart is 5,971, the final weekly close of 2024. The index chopped on either side of that level a few times in January and early February. It stalled there in late February and early March as tariffs were confirmed on Mexico and Canada. SPX peaked just three points below that price on Monday before halting. Is the old resistance still in effect?
Second, SPX made a lower low and a higher high that session. Tuesday was just the opposite. That combination of an outside candle, followed by an inside candle, may suggest a change of direction is coming.
Third, Wilder’s Relative Strength Index (RSI) has turned down after nearing an overbought condition.
If a pullback occurs, traders may eye roughly 5,773 as support. That was the low in January and a high in late March.
Next, prices are historically far above the 50-day simple moving average (SMA). However, the SMA is turning upward. That could suggest the intermediate-term trend has grown more positive, which may keep pullbacks shallow.
Finally, few important events appear to be scheduled before next Wednesday. (Minutes from the last Federal Reserve meeting and Nvidia earnings are both due then.) That lack of catalysts may also create drift – especially with a long holiday weekend approaching.
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PENGUUSDT Breaking Bullish Flag – Eyes on 0.03PENGUUSDT is breaking out of a bullish flag pattern, a classic continuation signal in an uptrend. The breakout is occurring with strong momentum, supported by the RSI crossing above the 50 zone on the 8H timeframe, adding further confidence to bullish bias.
📊 Key Levels:
TP1: 0.382 Fibonacci – $0.020
TP2: 0.5 Fibonacci – $0.025
TP3: 0.618 Fibonacci – $0.030
Stop Loss: $0.012 (below recent swing low)
This breakout may mark the beginning of a new bullish leg. Keep an eye on volume for confirmation and adjust risk accordingly.
Trade safe and always use proper risk management.
#PENGUUSDT #Crypto #BullishFlag #RSI #Fibonacci #Breakout #Altcoins
Bitcoin consolidating above $106K on the H4Bitcoin consolidating above $106K on the H4 — pressure is building.
🟢 Bullish Scenario:
Clean break + close above $107K → opens the gate to $109.2K, then $111K
Momentum remains with bulls, and higher lows are intact.
🔴 Bearish Scenario:
Failure to hold $105K = potential revisit of $103.6K (last demand zone)
Below that? Eyes on the 200 EMA near $101.5K
CADCHF: Pullback From Support 🇨🇦🇨🇭
There is a high chance to see a pullback from the underlined
daily horizontal support on CADCHF.
A formation of a high momentum bullish candle
after its test and a consolidation on an hourly time frame confirms
the strength of the buyers.
Goal - 0.595
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EURUSD: One More Bullish ConfirmationThe EURUSD pair formed another bullish pattern on the 4-hour chart following a test of significant daily/intraday support.
An inverted head and shoulders pattern was formed, with a bullish breakout of the neckline.
I anticipate further upward movement in the market, with a target of 1.1414.
AUDCAD: Bull Trap & Bullish Confirmation 🇦🇺🇨🇦
AUDCAD formed a liquidity grab after a test of significant intraday/daily support.
A cup & handle pattern and a violation of its neckline with a bullish imbalance
provide a strong bullish confirmation.
I expect an up move now, at least to 0.899
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Looking to buy ESES is sustaining bullish structure on 1H and 4H. Currently in discount zone. ES swept liquidity below daily lows, filled 4H FVG and starting to reverse. 1:3 RR long trade potential.
EurAud update.Good day traders, I’m back with yet another update on EurAud. In the description I will tag my previous setup on EurAud to show you where we are in price and I left the drawings as they were to help you understand price more.
On Monday price opened with that same bullish flow and pushed till the low of the volume imbalance as expected but as we can see that FVG was able to hold price above. From the original setup what price did yesterday was expected Thursday or Friday the latest, so since price did not go for that 1st.PFVG on Monday and Tuesday, we can now expect price to go for that level.
If we take a closer look at that leg higher from that FVG, we have a balanced price range that we can expect price not to respect.
