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XAUUSD As indicated Yest , we were expecting a meltdown which started and didn't finish. Garnish Pattern Formed in today's CHART indicating probability flying a little bit high,to confirm the flight we should look at $3325 once this level is broken with BULLISH MOMENTUM then we should target the next level @ $3435. However if we were to confirm our FALL (MELTDOWN) then we should inspect level $3196-99 once this level is broken , then we should wait for a retest and have our ENTRIES and Target $2968 as our TAKE PROFIT zone. Rising Wedge which we identified on 5/9 09:45. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 3,333.85 within the next 1 hour. The Bullish momentum seems to be increasing in bits. Overall we are somehow BULLISH today , until proven otherwise , will be back with further updates as the market continue unfolding.
OANDA:XAUUSDLong
by Ahmedshebe
TURBOUSDT Forming an Ascending Triangle | Breakout Incoming?Hey traders! 👋 TURBOUSDT has been catching some serious attention lately, and for good reason. After a sharp rally, it’s now forming one of the most powerful bullish continuation patterns out there — an ascending triangle. Let’s take a closer look at what’s happening here 👇 📐 Technical Structure: Ascending Triangle The chart clearly shows higher lows pressing against a horizontal resistance — a classic ascending triangle. This often signals that buyers are building pressure and a breakout could be around the corner. Key Observations: Flat Resistance: Around the 0.00629 area. Price has tapped it multiple times, showing strong supply. Rising Support Trendline: Buyers are stepping in at higher levels, tightening the range. Volume: There's a noticeable increase in volume near the resistance, which could fuel the breakout. 🎯 Target Levels if Breakout Occurs If price breaks above the horizontal resistance with strong momentum, here are the potential targets based on recent structure and extension zones: TP1: 0.008846 TP2: 0.010783 TP3: 0.013338 TP4 (Stretch Target): 0.014000 Each level aligns with key psychological or historical resistance zones. ⚠️ What Could Go Wrong? Not every triangle breaks upward — here's what to watch for: False Breakouts: A wick above the resistance without follow-through could be a trap. Break of Ascending Trendline: If price falls below the rising support, this could invalidate the pattern and trigger a deeper pullback. Volume Drops: Weak volume during breakout attempts often signals a lack of conviction. 🛠️ How to Approach This Trade Wait for Confirmation: Look for a candle close above 0.00629 with increased volume. Manage Risk: Set a stop-loss just below the ascending trendline or recent swing low. Scale Out: Take partial profits at each target level to lock in gains. 📌 Final Thoughts TURBO is gearing up for a potential explosive move. Whether it breaks out or fakes out, this pattern is one to watch closely. Keep alerts on the breakout zone and be ready for action — but as always, protect your capital first. 📢 Do you think it’ll explode from here, or is this another bull trap? Let me know in the comments below and share your own analysis!
by MJVeats
Buy Ethereum: This coin lags BitcoinHello, The Ethereum coin is a great coin to consider adding to your portfolio. Bitcoin has rallied over the past few days passing above $100K yesterday and looks poised to break the previous high as more money begins flowing in. For those not already invested, we see an opportunity in boarding the Ethereum train as investors who missed the Bitcoin rally are likely to pack their money here. From a technical perspective the coin is still trading at the bottom and is at a great entry point. The target for this coin is $4,400 giving a return over 100% from the current price. The MACD indicator is also heading to 0 crossover further strengthening our view for a solid buy. Don't let this opportunity pass. Ethereum's fundamentals, market dynamics, and technical setup align for a powerful breakout. Act now to position yourself ahead of the curve. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:ETHUSDLong
by thesharkke
XAU/USD: Institutional Accumulation or New Bearish Impulse?Technical Context: The graphical analysis shows that the price of gold (XAU/USD) is currently consolidating within a significant demand zone following the recent bullish impulse. The daily chart shows an attempt to bounce off the 3,300 USD zone, a key psychological level. Volume and COT Analysis: The latest COT data (April 29, 2025) indicates a slight reduction in long positions by non-commercial operators (-18,519 contracts), balanced by an increase in commercial long positions (+1,659 contracts), signaling potential institutional accumulation. On the retail sentiment front, traders are slightly more exposed to the downside (51% short vs. 49% long), which could indicate a potential short squeeze if the price resumes an upward trend. Seasonal Trends: According to data, May historically shows mixed performances with an average of +9.83% over the last 10 years, but with significant fluctuations between longer and more recent periods. Key Levels: Resistance: 3,380 - 3,400 USD (previous distribution zone) Support: 3,300 USD (current demand zone) and 3,050 USD (secondary support) Trading Strategy: Bullish Scenario: Buy above 3,340 USD with a target at 3,400 USD and a stop loss below 3,300 USD. Bearish Scenario: Sell below 3,300 USD with a target at 3,050 USD and a stop loss above 3,340 USD.
OANDA:XAUUSDLong
by EdgeTradingJourney
1
Gold Technicals & FundamentalsThe chart shows gold trading inside a descending channel, with the current price action testing the upper boundary of the channel. The pivot zone around $3,320 is acting as a potential intraday resistance. Despite the recent bounce, the price has not yet broken structure or the descending channel, implying bearish control is still intact unless a breakout above the pivot occurs. The RSI is near 41, which is moderately bearish and suggests that there is still room for a downside move before oversold conditions. The volume spike during the last bearish candle also indicates strong selling interest near the upper channel boundary. The black arrow path suggests a probable lower high formation followed by continuation to the downside toward support near $3,260, aligning with the channel’s lower trendline. Recent hawkish Fed comments and resilient labor market data have strengthened the U.S. dollar, which typically pressures gold lower. As long as Fed rate cut expectations are pushed further out, gold may remain under pressure.
OANDA:XAUUSDShort
by xxChartWhizxx
Gold prices pulled back. Will prices continue to fall?Latest news: Trump announced a trade deal with the UK, which boosted market risk appetite; coupled with a sharp rise in the US dollar and US bond yields, gold prices plummeted in the Asian morning trading session. US President Trump and British Prime Minister Starmer announced a "breakthrough agreement" on trade, which made market traders predict that the United States would also reach such an agreement with other countries. This prediction has made market buyers lose motivation. Quaid believes that if the United States and China reach an agreement, gold prices will face great resistance to rise, and gold prices should fall back to $3,200/ounce. Market trading analysis: The upward trend of gold paused and started a sharp decline. As described by the RSI, buyers are losing momentum. This is not good for gold, and the price has now fallen below $3,300/ounce. Quaid believes that it will continue to fall and may fall to the cycle low of $3,202/ounce. Short-term trading strategy: Short at 3280, stop loss at 3290, and take profit at 3260. Quaid believes that if the price of gold falls below the downward resistance level of 3275, you can continue to hold your position and choose the right time to trade.
OANDA:XAUUSDShort
by Quaid-1
GOLD 30m Buy Setup | FVG + Fib Discount + Reversal Block🌟 GOLD (XAUUSD) Buy Opportunity | May 9, 2025 | 30m SMC Setup This GOLD setup on the 30-minute timeframe presents a textbook Smart Money entry. We’ve got a deep retracement into the 61.8% Fibonacci level, clear Fair Value Gap (FVG) demand zone, and a sharp rejection wick + micro reversal block right at the zone. 🔍 KEY CONFLUENCES: 🔻 Deep Discount: 61.8% Fib zone 🟧 FVG block inside key institutional candle 🧱 Reversal block right before the reaction 💥 Aggressive price rejection at 3,297 zone 📈 Targeting premium levels ~3,369.6 🛡️ SL below 70.5% (~3,293.2) — safe under liquidity grab 📈 Setup Specs: Timeframe: 30min Direction: Long Entry Zone: 3,302 – 3,303 TP: 3,369.6 SL: ~3,293.2 RR: Approx. 1:8+ 💡 Trade Logic: Smart Money engineered a sweep of local lows, then left an imbalance (FVG) as the market shifted. The 61.8% retracement + bullish wick combo confirms intent. The reaction is strong — we expect price to fill the inefficiency and target premium liquidity above. 🎯 Chart Ninja Tip: “Where price pauses, Smart Money loads. Where it explodes, they’ve already finished.”
OANDA:XAUUSDLong
by ChartNinjas88
USDJPY TECHNICAL ANALYSIS.The third chart you uploaded shows the USD/JPY currency pair on the 1-hour timeframe, as displayed on TradingView. Key observations: 1. Trend Reversal: The chart shows an initial downtrend (red line) followed by a strong bullish reversal (green line). The reversal started from a demand zone (gray box), where buyers stepped in and pushed the price up. 2. Bullish Momentum: The price has moved significantly upwards, breaking through resistance levels. The current price is around 145.902, and the chart shows a bullish continuation pattern aiming for a target of 146.500. 3. Moving Average Support: The blue curved line appears to be a moving average (possibly a 50 or 100 period), providing dynamic support during the upward movement. The chart indicates a strong bullish sentiment, with a clear target of 146.500. The momentum looks robust after the demand zone bounce. Would you like guidance on managing risk or identifying entry points in this scenario?
Long
by XAUUSD_EXPERT_Team
Bitcoin Local TopBitcoin: rally meets resistance Context • April low: $74 000 → today’s high: $101 200 (+37 %) • 90‑day pause on new US tariffs lifted risk assets; FOMC left rates at 4.25‑4.50 % with real yields still > 2 % • Active conflicts in Ukraine, Gaza and the South China Sea keep macro‑volatility elevated Flows • US spot‑ETF complex: cumulative net inflow $40.7 bn, AUM $106 bn • BlackRock’s IBIT: 15 consecutive inflow days, $6.96 bn YTD • MicroStrategy: bought 15 355 BTC (~$1.42 bn) last week, now holds 553 k BTC Technical focus (2‑hour chart) • Price is 11 % above the rising trendline from 1 May • Key confluence: $101 700 – $103 000 (0.27 Fib plus unfilled weekly supply) • First support: $97 000 – $98 000; major demand: $92 000 • Mean‑reversion target if momentum breaks: $86 000 • Invalidation of pullback view: daily close above $103 500 Base case 60 % probability of a retest of $92–97 k before any sustained advance 30 % chance of a deeper wash to $86 k 10 % chance of a clean breakout through $103 k toward $109 k+ Takeaways • Long‑only allocators: add on a confirmed weekly close above $103 k; risk below $98 k • Swing traders: fade spikes above $102 k toward $97 k; tighten stops if daily > $103 k • Spot accumulators: schedule bids at $92 k and $86 k; avoid chasing upside extensions Educational commentary, not investment advice. Manage position size and respect stops.
Short
by manelfx
Hypecoin Flips $20 — Bullish Trend Targets $29 Next Hypecoin has officially flipped the $20 resistance into support — a key SR level that marks bullish continuation in the current trend structure. Market Structure: Price is printing higher highs and higher lows. SR Flip: $20 resistance now acting as daily support. Fibonacci Confluence: 0.618 Fib aligns with $20, strengthening support zone. Next Target: $29 — a potential 41% move from current levels. If price retests the $20 area and holds, it will confirm a bullish SR retest with Fib support, increasing the probability of rotation up toward $29. Traders should monitor how price reacts around the $20 mark — failure to hold could invalidate the short-term bullish setup, but as long as that level holds, momentum remains upward.
Long
by The_Alchemist_Trader_
XAUUSD – 1h Fib Premium Rejection Setup + Liquidity Sweep📉 XAUUSD SHORT SETUP – May 8, 2025 | SMC Confluence Mastery Gold is showing a high-probability short scenario off a premium Fib retracement zone with rejection from key structure and Smart Money reversal patterns. Here’s why this 1h setup could be the next sniper entry for Chart Ninjas: 🧠 KEY CONFLUENCES IN THIS TRADE: 🔺 Entry in Premium Zone: Price retraced into 70.5%–100% zone and rejected cleanly 🧊 Liquidity Above: Engineered buy-side liquidity was swept before reversal 📉 Bearish Order Flow: Consecutive lower highs + break of structure (BOS) 🛠️ Entry at 78.6% zone (~$3,416.99), stop above swing high 🕳️ Targeting Deep Discount: TP at ~-62% Fib level, near $3,262.01 🚨 Risk-Reward: Approx. 1:4.5 RR — clean structure with low risk ⚙️ Trade Execution Strategy: Look for rejection candles / breaker blocks in the 78–100% zone Set SL just above the swing high (~$3,420) Target full imbalance fill into deep discount zone Manage with trailing stop after price hits 0% or -27% 📊 Setup Summary: Timeframe: 1H Bias: Bearish Entry: Premium Fib Rejection TP: -62% Fib Extension SL: Above 100% level RR: 1:4.5+ Confluences: Fib, Liquidity Sweep, BOS 💬 Chart Ninja Insight: “Smart money never sells lows or buys highs. They sell where liquidity is hiding—just like this.”
OANDA:XAUUSDShort
by ChartNinjas88
Chapter 3: “The Skyveil @$116 Shattered” (Buy until $124)The smoke still clung to the air as the dust settled atop $113. Behind them, the battlefield lay littered with broken resistance. But NASDAQ:PLTR did not stop to rest. No… the warrior lifted its gaze, and there it was: The green dotted line. A spectral threshold, shimmering above the plains at $116–$117, a boundary etched by the hands of past momentum. For many, it was a ceiling. For PLTR, it was a dare. “Cross me,” the line seemed to whisper. “If you can.” And so… they marched. With each step higher, the volume beneath them rumbled like war drums. Every tick upward: a shield raised, a sword drawn. $114… $115… $116… And then — the clash. The green line wasn’t just a price level. It was a fortress in the sky. As PLTR’s price struck its surface, a shockwave rippled through the chart. Red candles flared, sellers firing their volleys from the ramparts. The price staggered backward, briefly retreating toward $115.75… $115.50… But this wasn’t retreat. This was the drawing back of an arrow before the release. Suddenly — A surge of volume. A roar of momentum. A candle forged in fire. A towering green candle burst forth, piercing the green dotted veil, splitting it like thunder cleaving the night. Stop-losses ignited. Shorts fled. Momentum traders piled in, shouting like an army unleashed. PLTR didn’t just break the green line. It obliterated it. The price flew higher: $117… $118… $119.85. Every level above was no longer resistance — it was acceleration. And now, standing tall at $119.85, up +8.5%, the warrior looked beyond. Ahead shimmered new battlements: $120… $121… $122. The final walls before reclaiming the higher kingdom. The market watched in awe. “It was never about breaking resistance,” whispered the charts. “It was about proving the sky was never the limit.” PLTR stood, sword raised, armor shining in the glow of its momentum. The green line broken beneath its feet. The wind at its back. And as the candles flickered forward, every tick toward $124 felt inevitable. The battle wasn’t over.... ...The conquest had only just begun.
NASDAQ:PLTRLong
by CreativeSilence
1
NZD/USD Trade Idea – Bearish Setup / Trade PredictionThe pair is currently in a clear downtrend, printing a consistent series of Lower Highs (LH) and Lower Lows (LL). 📉 Using the Fibonacci retracement technique, we’ve identified a potential short opportunity with the following setup: 📊 Trade Parameters: Pair: NZD/USD Trend: Bearish Entry (Sell Limit): 0.59440 Stop Loss (SL): 0.59787 Take Profit 1 (TP1): 0.59093 ✅ (1:1 R:R) Take Profit 2 (TP2): 0.58746 ✅ (1:2 R:R) Lot Size: 0.33 Risk: $200 Reward: Up to $300 🔁 Trade Strategy: We’ll be opening two positions: TP1 at 1:1 risk-reward TP2 at 1:2 risk-reward This split approach helps manage risk while allowing profits to run in case the trend continues. 📌 Note: Always confirm with price action or candlestick patterns near the entry zone before placing the order. 🕵️‍♂️ Monitor for momentum continuation and protect capital with proper risk management. #NZDUSD #Forex #Fibonacci #BearishTrend #TradingStrategy #RiskReward #TechnicalAnalysis #FXSetup
Short
by asimafridi
Nifty Market view and trade plan * I explain weekly chart, in explanation I explained from last four months but actually it was from last four weeks. So Nifty price action shows - Slight down to consolidation bias Market has trapped lower low formation so 23500/23600 will act as strong demand zone Major constituent of Nifty 1. Finnifty - Consolidatiing after hitting all time high so, down to sideways for short term ( one to four week) 2. Nifty IT - Slight down and consolidation 3. Nifty oil and Gas - Down this previous demand zone of 10750 4. Nifty Auto - Follows almost Nifty and Nifty oil and gas structure so down to side ways 5. Nifty FMCG - At the bottom of consolidation so down chance are high Over all sideways to down bias
NSE:NIFTY
by Siddharth_24