GBPCHF: Range BreakoutThis range breakout follows the same pattern as my other idea on CADCHF. In a very similar fashion, price has been in a range since September 2024.
The upper range boundary has shown signs of weakening or breaching a couple of times over the past few months. However, price recently closed above this range level over the past two days, which indicates a higher probability of sustained breakout.
The daily ATR is currently 64.3 pips. This sets my trading parameters at TP 32 and SL 64. Note that I'm only targeting 0.5x ATR because I scale into positions, but I also want to ensure I'm able to secure a profit with minimal holding costs.
Candlestick Analysis
CADCHF: Range BreakoutCADHCF has been in a range since August 2024. This range is quite wide at approximately 160~ pips.
Another observable detail is that the upper range boundary breached twice - once in November 2024 and then again last month, in January 2025.
Right now, in early-February, price is showing signs of breaching the upper range boundary again. Unlike the previous breakouts, this one seems more sustained.
Right now, the daily ATR is 41.4 pips. This sets my trading parameters at TP 20 and SL 41.
Long trade
Buyside Trade
Pair: AUDNZD
Date: Monday, 10th February 2025
Session: NY Session PM (noon)
Trade Details:
Entry: 1.11158
Profit Level: 1.11694 (+0.48%)
Stop Level: 1.11047 (-0.10%)
Risk-Reward Ratio (RR): 4.83
Reason: Buyside momentum and reach a pivotal price level alongside mapping - Wyckoff Phase D trending inside the range for buyside trade.
Long trade
4Hr TF overview
Buyside Trade
Date: Wednesday, 12th February 2025
Time: 3:00 PM (NY Time)
Trade Details:
Entry: 97,480.1
Profit Level: 98,548.8 (+1.10%)
Stop Level: 97,196.3 (-0.29%)
Risk-Reward Ratio (RR): 3.77
Reason: Looking at the 4hr TF seemed indicative of a buyside trade based on the narrative of supply and demand.
Gold Uptrend is Breaking Don’t Miss This High Probability ShortGold has been on an incredible 49-day bullish run, but signs are emerging that the momentum is fading. Is the reversal finally here? In this analysis, I break down why I believe gold is setting up for a potential short opportunity and how I plan to execute it.
Starting from the weekly timeframe, we identify a key rejection at $2943, signaling potential exhaustion after an extended bullish trend. On the daily timeframe, price has failed to hold above $2897, forming a critical rejection zone that could lead to further downside.
Diving deeper into the H4 and H1 timeframes, we observe a key structure break around $2900, followed by price failing to create a new high. This shift in market structure suggests a weakening bullish trend, increasing the probability of a bearish follow-through.
Key Levels to Watch:
🔹 Break & Retest Setup: Waiting for a clean break below $2881 (yesterday’s daily low), followed by a retest to confirm the sell-side momentum.
🔹 Bearish Target Zones: Liquidity levels at $2854, $2788, and $2747, with a final downside objective near $2746.
🔹 Risk Management: Stops will be determined based on price action confirmation, ensuring a controlled approach to the trade.
With buyers struggling to push higher and multiple liquidity pockets below, we could see a sharp pullback before any further upside continuation. This is not a long-term bearish call on gold but rather a short-term high-probability short setup to capitalize on potential downside movement.
📉 Will gold break lower, or will buyers regain control? Watch the full analysis, boost this idea, and share it with fellow traders so you don’t miss the next big move! 🚀💰
Gold 1hour time frame . Move between trendlines !!! Gold (XAU/USD) – 1H Chart Analysis (Feb 12, 2025)
📉 Market Structure:
Gold remains in an ascending channel, showing a steady uptrend.
Price recently made a lower high, indicating short-term weakness.
The key support zone ($2,850-$2,860) aligns with the lower trendline.
🔑 Key Levels to Watch:
Support: $2,850-$2,860 (trendline + demand zone)
Resistance: $2,900+ (recent high)
Major Downside Break Level: Below $2,850, risk of deeper retracement
📊 Potential Scenarios:
Bullish Case: If price bounces from $2,850-$2,860, it could resume the uptrend toward $2,900+.
Bearish Case: A confirmed break below $2,850 could push price to $2,820-$2,800 as the next key support.
📌 Conclusion: Gold is at a critical support level. If buyers step in at $2,850, we may see continuation to new highs. However, losing this level could shift momentum bearish. 🚀📉
GMAB / GENMAB / Likely this is the scenarioThe last 10 Years give us an idea how this stock moves.
Today i bough some expecting around 20% profit until End of July.
I look at Seasonality / seasonal price tendencies and identified a good period to be long in that stock. I have confidence in that and my entry was the break of yesterday candle.
Feel free to contact me for some chat.
Leave a like or comment or both ;-)
Trade what you see, trade what you understand and trade carefully and risk adjusted!
Cheers!
The Daily Edge – Feb 12, 2025XAUUSD Holds Momentum While 2900 Faces Rejection
Market Overview
Price continued higher but rejected 2900, leaving a long wick.
Key re-entry zones:
2870-2880 POI (aligned with last week’s Thursday high and open).
Tuesday’s low, which holds liquidity for potential continuation.
Key Observations
Rejection at 2900: Selling pressure present, but no major breakdown.
POI at 2870-2880: A key liquidity area for long re-entries.
4H structure remains intact, showing a consolidation → expansion → retracement cycle.
Next Steps
Manage longs while price holds structure.
Look for re-entries at 2870-2880 if price retraces.
Expect continuation if support holds at POIs.
How do you use market rhythms like consolidation, expansion, and retracement to improve execution?
#XAUUSD #Gold #TradingView #MarketAnalysis
NZDCHF LONGMarket structure Bullish on HTFs 3
entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Previous Structure point Daily
around Psychologiical Level 0.51500
H4 Candlestick rejection
Rejection from Previous structure
Levels 6.74
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
Eur/Joy sell setup UsdJpy gave confluence to this. I'll be looking to go short from 159.788 you can wait for H4 rejection of the zone before looking for sell opportunities or you go aggressive, it depends on the kinda trader you are.
Taking the 159.5 as Inducement my point of interest looks valid and I'll be anticipating what price would do at that level.
Kindly boost if you find this insightful 🫴
UsdJpy Sell idea I'm looking for short opportunity at 154.085 which is the H4 point of interest. Though that zone also aligns with daily key-level.
Previous week was bearish, breaking the 152.026 monthly level. So I'll be looking to short to that monthly level hoping this week close bearish as well.
USD/JPY Trading Plan: Resistance in Focus Before the Next DropSince the beginning of the year, USD/JPY has been in a bearish trend, with the price dropping from 159 to 151.
After reaching support around the 151 zone following Friday's NFP, the price started to reverse upward and is currently trading at 153.63.
In my view, this is just a correction of the initial leg down, and once resistance is reached, the price is likely to resume its downward trend.
The sell zone starts above 154 and extends to 155, where I will be looking for selling opportunities.
In the medium term, the price could drop to 146, with the first major support at the recent low of 151.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDCAD SHORTMarket structure bearish on HTFs DW
Entry at Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Point
Around Psychological Level 1.44000
H4 EMA retest
H4 Candlestick rejection
Levels 10.28
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Gold is expected to continue to fall to the 2870-2860 regionAs I Stated in My Previous Analysis,gold has shown clear rejection signals around the 2942 and 2929 levels, indicating the presence of selling pressure and panic-driven resistance. Based on the current market structure, a noticeable shift in trend is emerging, with the price action gradually shifting downward.
Following the trading strategy I shared in my previous update, short positions initiated around the 2910-2920 resistance zone have played out well, as gold has already declined as expected, reaching a low of 2894. If gold fails to break above the 2910-2920 zone, further downside movement toward the 2870-2860 region remains highly likely.
Bros, did you follow my short trade on gold? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
Short gold after reboundDear Traders,
After retracing to the 2881 level, gold has rebounded and is currently extending its recovery above 2907. It is evident that as prices push higher, bearish forces are actively countering the move, and some profit-taking is taking place. The candlestick chart shows clear rejection signals near the 2942 and 2929 levels, indicating notable selling pressure and fear-induced resistance at higher levels.
For short-term trading, short positions can be considered within the 2910-2920 range. I believe that before resuming its uptrend, gold may still need to retest the validity of the 2900 support level. Furthermore, if downside momentum persists, there remains a possibility of further testing the 2870-2860 region.
Bros, do you have the courage to short gold with me? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
GBPCHF SHORT Market structure bearish on HTFs DW
Entry at both Weekly and Daily AOi
Weekly Rejection At AOi
Previous Weekly Structure Point
Daily Rejection At AOi
Previous Daily Structure Point
Around Psychological Level 1.13000
H4 Candlestick rejection
Levels 9.01
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBPUSD SHORTMarket structure bearish HTFs 3
Entry at both Weekly and Daily at AOi
Weekly Rejection At AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 1.24000
H4 Candlestick rejection
Levels 6.18
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King