Chart Patterns
BTC - Compression compression compressionLike the title suggests, we're still compressing in this developing new value area above the big range value area.
I've merged the profiles up here to give a better idea of where the high and low of this value is forming at the moment and allow us to look through the choppiness of it all.
While price seems to move very aggressively from one side to the other, so far we always bounced back inside after each deviation.
We can identify clear supply above 106k and demand below 102k. It is not price crossing these levels that would make me bullish or bearish, but how price is behaving once these levels get tagged: slow grind and twap for bulls, quick drop below for bears. There is the assumption that slow bleed usually leeds to a big nuke, but in reality it leeds more often to late shorts piling into support, then lows start holding and bears puke.
Pattern that works better for continued downward price action is support holding but each bounce is smaller, then a quick drop.
For intraday continuation moves, we seem to be respecting the first vwap band, vwap tap could give a decent reaction at first contact. Otherwise daily poc would be where I look for longs as well.
SILVER SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
SILVER pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 30.468 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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AUDUSD Will Go Up From Support! Long!
Take a look at our analysis for AUDUSD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.632.
The above observations make me that the market will inevitably achieve 0.650 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD - Long Term Sell (TP : 1.64075)Hello,
EURAUD is good time to bearish because it could not recover the Bull.
So far, it is range market in H4 for long time.
Weekly and Monthly showed me they are going to bearish trend.
I am trading the entry level soon. I do not trade yet because it is showed strong retracement by news.
I am waiting for more multiple 4 hours candles and trade with small risk.
Good luck.
SL : 1.668
Sell Entry Level : 1.66766 - 1.65913
TP : 1.64075
Good Luck - Do not trade big lot to prevent Margin Call. Big lot with small margin, the trend will be reversal temporarily until stopped-out your account by Margin call and big drop.
Gold sell zoneHere’s a polished and engaging rewrite of your XAUUSD analysis, tailored for social media:
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💰 **XAUUSD Analysis Update** 🛠️
The market is currently consolidating after massive bullish momentum. 📈 I've identified a key zone based on **previous rejections** on the **daily and 3-hour timeframes**—a critical area to watch.
🔍 **What I'm Seeing:**
- **Strong volumes** and **bearish order blocks** within this zone.
- Expecting a **pullback and retest** of the marked area before a potential surge towards the **sell zone**.
- Based on historical price action and volume, a significant correction from this level seems likely.
🎯 **My Plan:**
- Entering and layering buys from the identified zone.
- Targeting premium reversal areas for sells.
- Risk-managed limit orders are already in place—no room for guesswork here!
🚨 **Key Takeaway:** Patience is key. Let's see how price action unfolds! 📊
💬 What’s your outlook on XAUUSD? Drop your thoughts below! 👇 #Gold #XAUUSD #ForexTrading
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Let me know if you'd like any tweaks or additional details!
XAUUSD - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing great. Let me share my personal view on XAUUSD (Gold) with you.
Based on what I see on the chart, I expect gold to make a small pullback to the 2760–2763 zone. From there, it might push higher, aiming for new all-time highs. However, if 2735.67 is broken, I anticipate a further decline.
📈 Expectation:
Bullish Scenario: A pullback to 2760–2763 followed by a rally targeting:
1️⃣ 2,800 (Psychological Level)
2️⃣ 2,825 (Psychological Level)
3️⃣ 2,850 (Psychological Level)
Bearish Scenario: A break below 2735.67 may lead to further downside movement.
💡 Key Levels to Watch:
Resistance Levels: 2800 / 2825 / 2850
Support Level: 2735.67
💬 What’s your perspective on XAU/USD ? Share your analysis in the comments!
Trade safe
DXY Weakens, EUR/USD Breaks Out BullishThe DXY has broken its bullish trendline and a key support area. It is now approaching the next support level on the daily timeframe. Similarly, EUR/USD has broken out above its falling wedge pattern, signaling a bullish move for the euro. Consider buying EUR/USD and riding the trend until it reaches the resistance level.
Ethereum's about to blow!COINBASE:ETHUSD
Ethereum is severely compressed and could rebound like a spring once it breaks its Falling wedge.✌️
⚠️ Disclaimer:
This is not financial advice. Always manage your risks and trade responsibly.
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Let’s navigate the markets together—join the journey today! 💹✨
BTCD Break StructureA break of this structure either upwards or downwards could mean different things. A breakdown could mean strong upward movement for altcoins and Bitcoin dominance weakening. A break upwards could mean BTC outperformance while altcoins remain stagnant or lose value. Either way, we wait.
ON Semi is fundamentally undervalued and ready for a reversalTechnical View
NASDAQ:ON ON bounce off from a bigger support area from 2022 at around $53 building an ascending triangle. We have a gap above our current price (which can function as a magnet for the stock price). A smaller resistance at $60 might be our first target and the bigger resistance at $77 could be our final target resulting in 36% ROI. The trade would be invalidated below $50. Since this is a bigger swing trade, I would not put my SL to close to the current stock price. If you’re interested why this is a mid- to long-term swing trade read the fundamental information below.
Support Zones
$50-53
Target Zones
$60
$77
Fundamental View
ON Semiconductor concluded the third quarter of 2024 with revenue amounting to $1,762 million, reflecting a 2% increase from the second quarter but a -19.2% year-over-year decline. Nevertheless, the revenue for the quarter exceeded the consensus estimate by 0.70%. The most significant revenue losses were observed in the industrial end-market, with figures reaching $439.90 million compared to the average estimate of $464.97 million, marking a -28.6% decrease.
The gross margin experienced a 2% improvement, now constituting 45.4% of total revenue. Looking ahead, the acquisition of GlobalFoundries’ New York plant is anticipated to enhance the company's chip production capabilities. This facility is expected to maintain consistent production costs while simultaneously increasing production efficiency, in anticipation of a future rise in demand.
The stock has decreased by 11.26% on a year-to-date basis, with a reported trailing twelve months (TTM) earnings per share (EPS) of $4.03. Management has reported having over $1 billion in free cash flow and plans, according to Barron’s, to utilize half of each quarter’s cash flow to repurchase shares under onsemi’s Share Repurchase Program. The reduction in investments will contribute to increasing free cash flow margins, thereby reinforcing OnSemi’s objective of returning 50% of free cash flow to investors. This, combined with a projected slight improvement in sales growth and profitability, is expected to elevate EPS to $7.11 by 2027.
Currently, the company's valuation appears reasonable, trading at a forward price-to-earnings (P/E) ratio of 13.49, which is lower than 90% of the time over the past five years and significantly beneath the S&P 500 P/E ratio as well as the industry median P/E of 25.4. Based on analysts' projections for EPS and maintaining a steady P/E ratio, the company is anticipated to reach a price of $95.91 within the next two years. While this scenario may seem overly optimistic, it is evident that the market is currently undervaluing the stock, especially when compared to its main competitors, such as Texas Instruments and Analog Devices.
Since EV is a superior trend I don’t think Trumps political decision will have an impact. In addition, “Vice President” Musk has a, let’s say, not so little interest in selling more EVs.
Reversal for Gold?Price is printing a high timeframe trendline touch today ( 22.1.25 )
Price on the lower timefram have been trading in a rising channel since december 30th.
Price have broken out from the lower timefram channel now into a 3rd touch of a higher timeframe trendline.
If price now falls into the lower timeframe channel i will use that as validation for this thesis.
Reasoning for using the lower timeframe upper channel TL is becuase it has 4 datapoints and looks to be in play.
Entry: I will wait for price to fall into the channel then go short with my SL placed above a recent high.
Gold Trade Plan 24/01/2025Dear Traders,
price Reached Order block (resistance Zone )-Today i dont Recommend Trade on Gold ,
because price is near on TOP ,,,,if price Hit new ATH , Then Bearish Scenario will be Cancelled,
(it means Bearish Scenario still Valid )
Today Price should be close at least 30-40 $ Below Current Price (2775) approximately 2730
otherwise , possible to Hit New ATH ,
If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
Bank of Japan Raises Rates, Yen StrengthensBank of Japan Raises Rates, Yen Strengthens
The Bank of Japan (BOJ) has raised short-term interest rates to 0.5%, the highest level in 17 years. While this move was anticipated, the currency market responded with a significant strengthening of the yen, with USD/JPY falling by approximately 0.6%.
At a press conference, BOJ Governor Ueda stated that there is no predetermined course for future rate adjustments. Meanwhile, media reports cite analysts’ opinions suggesting that the rate could be raised again before the end of 2025.
Technical analysis of the USD/JPY chart shows the formation of a descending channel (highlighted in red) at the start of 2025. The news of the rate hike enabled bears to launch another attack on the psychological level of 155 yen per dollar—a level that had previously served as support earlier this month. As of the morning of 24 January, bulls are managing to defend this level, but how long can they hold out if bearish pressure persists?
Key points to note:
→ The USD/JPY trend resembles a rounding-top pattern.
→ The yen's strength is also supported by the dollar’s weakness, influenced by some uncertainty surrounding the introduction of international trade tariffs promised by US President Trump.
Today, at 17:45 GMT+3, the Purchasing Managers' Index (PMI) figures will be released, potentially triggering heightened volatility in financial markets.
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US30/ BULL MUMENTUMThe price action currently shows bullish momentum, maintaining movement above the 44,090 support level. This sustained movement increases the likelihood of a bullish trend continuation toward the next key level of 44,470. If this level is broken decisively, with a clear 4-hour candle closure above it, the price will likely trade within the strong consolidation zone between 44,470 and the last resistance levels, targeting 45,090 and potentially 45,500 as upside objectives.
On the bearish side, a reversal scenario would require the price to fall and close a 4-hour candle below the critical zone of 44,090–43,770. Such a development would signal weakening bullish momentum and could open the path for further downside movement toward 43,360. If the price continues to decline, the next significant support level to watch would be the demand zone around 42,720–42,290.