Chart Patterns
XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025)XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025)
Weekly recap:
Even though Gold is MACRO bullish on the HTF. We did a fantastic job last week adapting to sells from ATHs, and back below 2930s. We anticipated we can at least retest into near demand zone around 2880s BUT we extended the bearish profit taking move printing an unexpected LL at 2840s. This is lining up with EOM and new business month prices setting up around the corner.
Reminder on Gold:
Even though Gold is MACRO bullish on the HTF, the asset class sees very large retracement / pullback as markets moves in waves. Keep in mind we are starting a new business month. We have to be careful where if Gold buyers do no reclaims price above 2880-2890 we can instead see extension of retracement into Trump trade Nov 2024 prices of 2750-2760s. With no NEW trade war tensions events, geopolitical risk on the back burner, Feds slow approach to rate cuts, USD starting to find a support/ bullish steam and on Gold specifically profit taking from record break highs requires adaption.
Something to look out for on the Macro.
Trade ideas for upcoming week:
Since Gold is currently in a secondary phase of MS i will be playing sells into better demanded prices
Bullish bias:
1 - Gold comes down into first 2760 AOI
Bearish bias:
1 - Holds below 2880s
2 - Breaks and holds below current lows at 2845 KL
Economic outlook:
In terms of economic events this week, we have a lot to unfold as we are in a new business month. To begin this week, We have United States ISM Manufacturing PMI and during the second half of the week will be our main focus as we have United States ISM PMI Services data, Initial Jobless Claims, NFP and Unemployment rate.
1 - Monday : ISM Manufacturing PMI
2 - Wednesday : ISM PMI Services
3 - Thursday : Initial Jobless Claims
4 - Friday : NFP, Unemployment Rate
Daily Reminder:
-Caution-
Stay Smart, Trade safe, follow your trading plan, follow your risk management plan, focus on long term vision, keep emotions out and avoid crashing your account.
BTC - Stand on daily support and look to long Hello traders, please feel free to share your trading ideas, and please give a Boost if you agree with my trading plan. My trading strategy is Price Action, which is the simplest strategy of trading on the price movement. A key part of my discipline is Stop Loss set when opening a trading position, which ensures every trading is risk managed. My 1 to 1 trading training is available, please message. Trade well and good luck!
$BTC Box Humiliation 2.0
Bears thought they won—Bitcoin snapped back inside the range!
🔸 Weekly Close Inside the Box?
$84K fakeout shook weak hands.
Now back above GETTEX:92K —bullish structure intact.
🔸 Upside Target: $110K+
Same pattern as before—sideways grind before liftoff.
A break above GETTEX:98K = game over for bears.
🔸 Action Plan:
✅ Holding longs—no need to overthink.
✅ Stay patient—big move incoming.
✅ Watch the weekly close—above GETTEX:92K , it’s 🚀 time.
This is the classic trap—weak hands panic, smart money loads up. If you know, you know.
BITCOINUSD READY TO RETEST hi trader's what do you think in BITCOINUSD
current prices 94600
BITCOINUSD 3 and 4 day only droping and now BITCOINUSD rest in support area mind be possible little droping BITCOINUSD then he pump upside to retest more details in a chart
support area 83500' 82000
demand zone 90000, 92000
please like comment and follow thank you
BTC - keep it simpleWe may retest old 2021 high. we may drop further but I still think we are bullish in the red channel. RSI never hit euphoria green phase or yellow resistance. we are break support on RSI trend but we have seen that type of fake out before. It seems we are in the middle of the road here.
GBPUSD longPrice is showing bullish signs on the 3M and the monthly
The monthly formed a three pin pattern indicating that price will go higher than February's high at 1.2715
The weekly and daily timeframes are not giving obvious signs as to where price is headed but I am waiting for a buy confirmation to form on the 4h and daily timeframe before I buy the pair.
Airbnb Weekly Update (03/02/2025) - Inverse Head and ShouldersThe chart for Airbnb (ABNB) on the weekly timeframe suggests a potential inverse head and shoulders pattern, which is typically a bullish reversal signal.
Inverse Head and Shoulders Formation:
The chart clearly outlines a left shoulder, head, and right shoulder pattern. This structure often signals a reversal from a downtrend to an uptrend.
The neckline (blue resistance line) has been tested multiple times, indicating its significance. A confirmed breakout above this level could lead to further upside momentum.
Volume Analysis:
Volume spikes during the formation of the right shoulder suggest increasing interest from buyers. If volume increases during a breakout above the neckline, it would confirm the bullish bias.
RSI Momentum:
The RSI is currently around neutral levels (50.78), suggesting there’s room for upward movement before hitting overbought conditions. This supports the potential for further gains if momentum builds.
Ichimoku Cloud Support:
The price appears to be consolidating above the Ichimoku cloud, which often acts as dynamic support in an uptrend.
Upside Target:
If the breakout occurs, the measured move target can be calculated by adding the height of the head to the breakout point. This would project a potential target near $175–$180.
GBPAUD Bullish breakout, The Week Ahead 03rd March '25The GBPAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios.
Key Levels to Watch
Resistance Levels: 2.030, 2.040, 2.056
Support Levels: 2.010, 1.9927, 1.9770, 1.9620
Bullish Scenario
If GBPAUD sustains price action above the 2.010 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 2.030, followed by 2.040 and ultimately 2.056 in the longer term.
Bearish Scenario
A failure to hold above 2.010, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.9927, with further retracement potential toward 1.9770 and 1.9620 over an extended timeframe.
Conclusion
GBPAUD remains in a bullish structure, but price action around the 2.010 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Trading Genius Reveals How To Succeed In 2025 (Must Watch!)Let me explain. The market won't start growing in a matter of days. It is true that long-term support has been hit, activated, but the next bullish wave will take time to develop. Between each wave, there is always a period of sideways, consolidation.
It is the first time that MA200 is tested as support coming off a major high —since September 2023. XLMUSDT daily.
Now, a period of sideways action will start (consolidation), after this period is over we will experience massive growth. Sideways is sideways, just so you know. This period can last anywhere between 1-3 months. The action will vary between pairs, some will move first while others will take longer.
Patience is key.
Start accumulating and whatever you do, focus on the long-term.
The waiting can be boring and troublesome for a few, this will be your test. If you try to move from pair to pair trying to catch the next bullish wave, you will fail. The exchanges will only buy those pairs that nobody is buying to create the illusion of massive growth. The truth is that most of the market will be sideways and the gamblers will be getting whipsawed. That's how it all works.
When you see a pair growing 600% in a single day, just know that nobody is holding it other than the exchange. It is an illusion. To succeed, create and follow a strategy, focus on the long-term.
Any easy and quick money mentality will result in a great opportunity being lost. It will be hard to lose in a bull-market, but you can lose by ending up with 2-3X "trading" when you can end up with 10-20X with a simple strategy of buy and hold.
Namaste.
AUD/USD Technical AnalysisCurrent Market Trend: Bearish 📉
AUD/USD has been in a strong downtrend, experiencing significant selling pressure. After a continuous decline, the pair has now found support around the 0.61900 level, where buyers have stepped in, leading to a short-term rebound.
Possible Scenarios:
📈 Bullish Scenario:
If AUD/USD manages to break and hold above the 0.62200 resistance level, we may see further upside movement toward 0.62300 and potentially 0.62800.
A successful breakout above 0.62800 could signal a trend reversal, leading to further bullish momentum.
📉 Bearish Scenario:
If the pair fails to break above 0.62200, selling pressure may increase, pushing the price lower.
A move below 0.61900 could indicate weakness, with the next downside targets at 0.61700 and 0.60900.
A break below 0.60900 would confirm a deeper bearish trend, opening the door for further downside moves.
Trading Strategy:
Bullish entry: After a confirmed breakout above 0.62200, targeting 0.62800 with a stop-loss below 0.61900.
Bearish entry: If the price rejects 0.62200, looking for short positions with targets at 0.61700 and 0.60900.
DeGRAM | EURGBP retest of the support levelEURGBP is in an ascending channel between the trend lines.
The price is moving from the lower boundary of the channel as well as the support level, which coincides with the 88.6% retracement level.
The chart is forming an ascending structure.
On the 1H Timeframe, the indicators indicate a bullish convergence formation.
We expect growth in the channel after consolidation above the support.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
#ADA/USDT#ADA
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.5923
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.6615
First target 0.7111
Second target at 0.7585
Third target at 0.8205
What will nasdaq do? What will nasdaq do?
Truthfully I have no clue however based on technicals we have hit daily support. -
On the 1h we have a gap that needs to be filled at level 20,712.2 which is where I’m planning on entering if I see smt .let’s keep it simple !!
Also on the Vix we have reached resistance levels rejecting from 22.55 and possibly going to slap support if we get passed 17.50 to around 13.00 with that we should see very big pushes to the upside on Nasdaq . Last Friday was a pain however I got a good entry so I am looking to add to my position. Good luck
#TRUMP/USDT#TRUMP
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 12.50
Entry price 13.00
First target 13.53
Second target 14.31
Third target 15.06
EURUSD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0373
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0429
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Btcusd H1 outlook Target 95kBTCUSD is poised for a significant rebound after yesterday's pullback from $87,055. The current price of $80,474 represents a 50% Fibonacci correction level of the $52,600-$108,350 rise, providing a strong foundation for a bullish reversal.
Key points:
- The recent downturn has created a buying opportunity, with a potential target of $95,000.
- The $80,474 level serves as a crucial support, with a bounce expected to propel prices higher.
- The 50% Fibonacci correction level indicates a likely reversal, as the market seeks to retest recent highs.
- Bullish momentum is building, with a potential breakout above $87,055 paving the way for a rally to $95,000.
- Traders should be prepared to buy, as the current setup favors a significant upside move.
Best regards Travis ❤️
Gold in Correction or Bullish Move?Gold (XAUUSD) Weekly Update:
Gold has entered a correction phase after showing divergence. Based on Elliott Wave, Wave 3 has ended, and we're now in Wave 4. If 2800 holds, the main trend stays bullish, and after this correction, Wave 5 could push us towards $3000!
Key Levels:
Support: 2800
Resistance: 2862 – 2882
As long as price stays below the 2862-2882 range, the trend is bearish short-term. A break above could signal a bullish continuation. 📈
What’s your take on gold? Will we see $3000 soon?