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Silver (XAG/USD) - Bearish Breakdown from Rising Wedge!Market Overview: The Silver (XAG/USD) 1-hour chart reveals a Rising Wedge pattern, which is a well-known bearish reversal formation. This suggests that the recent bullish trend is losing momentum, and a breakdown could lead to a significant price decline. 🔹 Key Technical Analysis 1️⃣ Rising Wedge Formation & Breakdown The price has been moving within a rising wedge, characterized by higher highs and higher lows but with weakening momentum. A breakdown has occurred, confirming the bearish structure as the price has failed to sustain higher levels. Historically, when a rising wedge breaks to the downside, price tends to drop by the same height as the wedge itself, which aligns with our projected target zone. 2️⃣ Price Action & Retest Possibility After the breakdown, a retest of the broken wedge support (now resistance) around $33.50 - $33.80 could provide a potential short-selling opportunity. If price fails to reclaim the wedge support, further downside pressure is expected. 3️⃣ Downside Target & Support Zone The measured move suggests a decline towards the $31.00 - $30.60 region, which coincides with a strong historical support zone. This area is highlighted as a potential profit-taking level for short trades. 📉 Trading Plan - Short Setup 🔸 Entry: Look for a rejection from the $33.50 - $33.80 zone (previous wedge support, now resistance). 🔸 Stop Loss: Above $34.00 to protect against false breakouts. 🔸 Take Profit: $31.00 - $30.60 (previous demand area). 🔸 Risk-Reward Ratio: Favorable setup, ensuring proper risk management. 🛑 Risk Factors to Consider ⚠️ If Silver regains strength and breaks back above $34.00, it could invalidate the bearish breakdown and shift momentum back to the upside. ⚠️ Macroeconomic events such as inflation data, Fed speeches, or geopolitical factors could influence price action unpredictably.
OANDA:XAGUSDShort
by ForexOptimizer
Q1 Recap and What’s AheadThe first quarter of 2025 saw significant price movements in many different asset classes. Traders saw equity indices broadly selling off with the ES contract falling near 10% from the highs while Gold continued to push higher to all time high levels. There are many factors contributing to the price movement, including a shift in the administration in the U.S., geopolitical tensions globally, and critical tariff announcements looming. There are also questions about the Fed environment and the strategy that will be implemented this year to begin cutting interest rates. Looking at the CME Fed Watch Tool today, it seems the market is pricing another rate pause for the May meeting and a near 60% chance of rate cuts coming in June. There is a large slate of economic date coming out for the rest of the week that could add great volatility to this uncertain market, including: Tariff Announcement Initial Jobless Claims Nonfarm Payroll Unemployment Rate Average Hourly Earnings This morning, traders saw the ADP Nonfarm Employment Change come in higher than expected and the markets are having a mixed reaction. President Trump will be speaking at 3:00 P.M. Central Time to introduce the tariff plan and how it will be rolled out, adding a level of clarity for the market moving forward into Q2. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/ *CME Group futures are not suitable for all investors and involve the risk of loss. Copyright © 2023 CME Group Inc. **All examples in this report are hypothetical interpretations of situations and are used for explanation purposes only. The views in this report reflect solely those of the author and not necessarily those of CME Group or its affiliated institutions. This report and the information herein should not be considered investment advice or the results of actual market experience.
CME_MINI:ES1!
by CME_Group
CADCHF Bullish Breakout: Key Levels to WatchThe market has been in an uptrend, forming higher highs and higher lows after a previous strong downtrend. Currently, CADCHF is testing a key resistance level (0.6185 - 0.6190), with signs of consolidation. A slight retracement is expected before a potential breakout to the upside. Key Levels: Resistance Levels: 0.6225 – First target after breakout. 0.6265 – Major resistance zone and final target. Support Levels: 0.6130 - 0.6140 – Potential retest zone before further upside. 0.6050 – Strong demand zone (invalidates bullish bias if broken). Trade Plan: 📉 Pullback Entry: Waiting for a small retracement to the 0.6140 zone before entering long. 📈 Bullish Breakout Confirmation: A break and close above 0.6190 could confirm further upside towards 0.6225 - 0.6265. Final Outlook: Bias: Bullish above 0.6140, bearish below. Risk Management: Stop loss below 0.6130. Potential Reward: A successful breakout can provide +80 pips upside.
Long
by ultreosforex
AUDCAD Technical AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment! Let’s master the market together. Please share your thoughts and encourage us to do more by liking this idea.
Short
by dkb14246
2
NZDUSD - Like a Bow and Arrow!!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈NZDUSD has been overall bullish trading within the rising wedge pattern marked in blue. Today, NZDUSD is retesting the lower bound of the wedge. Moreover, it is approaching a strong structure marked in green. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As #NZDUSD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TheSignalyst
4
822% in 1 day from 0.36 to 3.32 that's current state of market🚨 822% in 1 day from 0.36 to 3.32 that’s the current state of how wild things are in the stock market 🔥 NASDAQ:RSLS Lots of opportunities out there 👀 but as always you MUST take profit along the way, these mostly low quality stocks exploding on news which might be real or not, exploding on shortsellers getting trapped and squeezed. When the party is over they usually slide all the way down where they came from so you need to be smart and take profits. 800% in a day is enough, no need to be greedy for more and get surprised with drop saying the news company previously released is unverified or the offering company does overnight.
NASDAQ:RSLS
by ProfitTradeRoom
Gold - Looking To Buy Dips In The Short TermH1 - Bullish trend pattern in the form of higher highs, higher lows structure Strong bullish momentum Expecting retraces and further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDLong
by VladimirRibakov
USDJPY INTRADAY capped bearish below 151.20 awaits tariff dataThe USDJPY currency pair remains in a bearish trend, with the recent price action showing signs of an oversold bounce. While a temporary rebound is in play, the broader sentiment remains weak unless a decisive breakout occurs. Key Levels to Watch: Resistance Levels: 151.21 (critical level), 152.20, 153.04 Support Levels: 149.17, 148.26, 147.22 Bearish Scenario: A rejection from the 151.21 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 149.17, with extended declines targeting 148.26 and 147.22 over the longer timeframe. Bullish Scenario: A breakout above 151.21 with a daily close above this level would challenge the bearish sentiment, opening the door for further gains toward 152.20, followed by 153.04. Conclusion: The market sentiment remains bearish, with 151.21 acting as a critical resistance zone. A rejection from this level could reinforce the downtrend, while a confirmed breakout would shift the outlook to bullish, favouring further upside. Traders should closely monitor price action at this key level for confirmation. 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.
by TradeNation
Hanzo | US30 15 min Breaks – Will Confirm the Next Move🆚 US30 The Path of Precision – Hanzo’s Market Strike 🔥 Key Levels & Breakout Strategy – 15M TF 🔥 Deep market insight – no random moves, only calculated execution. ☄️ Bullish Break Out Setup – 42150 Zone Price must break liquidity with high volume to confirm the move. ☄️ Bearih Break out Setup – 41730 Zone Price must break liquidity with high volume to confirm the move. 🩸 15M Time Frame Confluence ———— CHoCH & Liquidity Grab @ 19100 Key Level / Equal Highs Formation Strong Rejection from 18800 – The Ultimate Pivot 🔥 1H Time Frame Confirmation Twin Wicks @ 41740 : 42150 – Liquidity Engineered BOS @ — 41750 | 42050 – Directional Shift Confirmed ☄️ 4H Historical Market Memory —— 💯 March 17, 2025 – First Retest @ 41830 💯 March 20, 2025 – Second Retest @ 41830 💯 March 24, 2025 – Third Retest @ 41830 💯 March 31, 2025 – Fourth Retest @ 41830 👌 The Market Has Spoken – Are You Ready to Strike?
FX:US30
by Path_Of_Hanzo
Do you think I'm joking ???I might be wrong and this might never happen, but it might come true From a technical perspective!!! Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
SPX - Melt up & Crash series [3]Blue parallel channel held perfectly while many were bearish! Now has a date with the top rail, maybe at 2.618 intersection who knows... Expanding megaphone (green) had false breakdown, if it breaks back in and upwards = huge bullish move. So much room on the RSI to run with huge positive divergence. Not financial advice. Amazes me how long these patterns take to form, for them to be concrete and actionable. Hopefully this series is the last one I post. Realistically just waiting for this low to be set. Think this could be it.
SP:SPXLong
by mypostsareNotFinancialAdvice
There may be a downward adjustment today!Yesterday, gold fell under pressure at 3150 and then tested the 3100 mark again in the evening, breaking the previous trend line that had been rising for several days. The market gradually slowed down from strong bullish trend, and the daily line turned negative. Don’t expect the market to turn to bearish and fall sharply at this point. The long-short conversion needs time to brew, and now it is still a bullish trend, so the probability of forming a volatile trend here is relatively high, with a range of 3138-3100. Only when it breaks below 3100 can we see the market turning to bearish. If the daily line is just a single negative correction, it will not change the overall upward trend. It depends on whether it can continue to close negative today. The previous trend line support broke and turned into a pressure line, basically coinciding with the 3135-3138 pressure line. This morning's three consecutive positive waves just touched it. The key depends on the performance of the European session: If the European session suppresses the decline and weakens, then the third test of 3100 may break. If the European session continues to strengthen and break through 3138, it will also hit the high point of 3148-3149 In terms of trading, 1. Directly push up and break the high, aggressively chase long at 3132, stop profit at 3145; 2. Continue to buy after falling back to 3133, stop loss at 3125 if the callback is too large 3. The European session rebounded several times but failed to maintain sideways, lightly short at 3132 in the evening, and automatically stop profit at 3110 around midnight.
PYTH:XAUUSDShort
by Oliver389
GBP/CAD 4H ANALYSIS – BULLISH BREAKOUT OR REVERSAL ?📉 Descending Channel 🔴 The price was moving inside a downward trend (channel) 📉, but it broke out ✅, signaling a potential bullish move 📈. 📍 Demand Zone (Support) at 1.85000 - 1.84201 🟦 Buyers stepped in here, pushing the price up 🚀. 🛑 Stop Loss: 1.84201 🔻 (If price falls below this, the bullish setup may fail ❌). 📍 Resistance Area Around 1.86000 - 1.86500 🔵 Key level to watch! If the price breaks above this zone, expect more upside 📈. 🎯 Target Point: 1.87727 🎯 If buyers remain strong, price could hit this level next! 🎯🚀 📊 Indicator Check: 📍 9-period DEMA (1.85000) 🟡 – Price is above this moving average, favoring a bullish bias ✅. 🔥 Possible Trade Setup: ✅ Buy Entry near 1.85000 - 1.85500 🎯 Target: 1.87727 📈 🛑 Stop Loss: 1.84201 🚨 If price breaks below 1.85000, be cautious ⚠️! A reversal to the downside could happen. 🚀 Overall Bias: Bullish (📈) above 1.85000, Bearish (📉) below **1
Long
by Jameshead007
S&P500: Persistent SupportThe S&P 500 continued its recovery following its reaction to the support at 5509 points. However, in our primary scenario, we expect the index to fall below this mark to ultimately complete wave in green within our color-matched Target Zone (coordinates: 4988 points – 4763 points). Within this range, there are entry opportunities for long positions, which could be hedged with a stop 1% below the Zone’s lower boundary. Once the corrective movement has reached its low, the final upward movement of the green wave structure should commence. In the process, the index should gain significantly and reach the high of wave above the resistance at 6166 points. If this mark is surpassed prematurely, our alternative scenario with a 30% probability will come into play.
CME_MINI:ES1!
by MarketIntel
Breaking: Ethereum is Good ($EBULL) Surge 40% TodayThe price of Ethereum is Good coin ($EBULL) broke out of a falling wedge surging 40% today amidst Ethereum reclaiming $1900 pivot today. Albeit the crypto market was in a constant state of bloodbath, $EBULL shocked mainstream traders and DEGEN Maxis surging 40% to reclaim the $1M+ Market cap previously attended by the asset. With the RSI at 60.92 and the support perfectly materialized, a 70% legged up is brewing up despite the recent breakout. With a whooping 24 hours trading volume of $32,124.71, representing a 133.40% increment in trading volume. These and many more technical factors hints at a potential 70% surge. About ETHEREUM IS GOOD $EBULL is here to reignite the glory of Ethereum in the memecoin universe, emphasizing the chain's unmatched legacy. With a nod to Ethereum's resilience and vitality, $EBULL invites the community to embrace their inner bull and charge forward with confidence. ETHEREUM IS GOOD Price Live Data The live ETHEREUM IS GOOD price today is $0.000109 USD with a 24-hour trading volume of $32,915.77 USD. ETHEREUM IS GOOD is up 9.00% in the last 24 hours. The current CoinMarketCap ranking is #1887, with a live market cap of $1,093,146 USD. It has a circulating supply of 10,000,000,000 EBULL coins and a max. supply of 10,000,000,000 EBULL coins.
UNISWAP:EBULLWETH_1F4EF1.USDLong
by DEXWireNews