Forex
Bearish drop for the Cable?The price is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level top our take profit.
Entry: 1.2371
Why we like it:
There is a pullback resistance that aligns with the 38.2% Fibonacci retracement.
Stop loss: 1.2489
Why we like it:
There is a pullback resistance that is slightly below the 78.6% Fibonacci retracement.
Take profit: 1.2239
Why we like it:
There is a pullback support level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Could the price reverse from here?USD/CHF is currently reacting to the resistance level, which is a pullback resistance. A reversal from this level could indicate a double-top pattern, potentially leading to a price drop toward our take-profit target.
Entry: 0.9136
Why we like it:
There is a pullback resistance level.
Stop loss: 0.9173
Why we like it:
There is a resistance level at the 127.2% Fibonacci extension.
Take profit: 0.9058
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish drop for the Fiber?The price is rising towards the resistance level which is a pullback resistance that is slightly below the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.0346
Why we like it:
There is a pullback resistance that is slightly below the 50% Fibonacci retracement.
Stop loss: 1.0381
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 1.0263
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal?USD/JPY is rising towards the resistance level which is an overlap resistance that aligns wit the 78.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 158.31
Why we like it:
There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement.
Stop loss: 158.77
Why we like it:
There is a resistance level at the 100% Fibonacci projection.
Take profit: 157.66
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Gold confirm analysis till NFP read the caption For December, the NFP report is expected to show that the US economy created 160,000 new positions, another solid figure. At the same time, the Unemployment Rate is foreseen to remain steady at 4.2%. If that’s the case, financial markets will likely welcome the headlines that would allow the Federal Reserve’s (Fed) recently adopted tighter path when the meet on January 28-29
GBP/USD Descending Channel Dominates Bearish OutlookChart Analysis:
The GBP/USD pair continues to slide within a well-established descending channel, with bearish momentum intensifying as it tests key support levels.
1️⃣ Descending Channel:
The pair remains firmly within the red-shaded descending channel, reinforcing the dominant downtrend.
Price is approaching the lower boundary of the channel, a critical area to watch for potential rebounds or further breakdowns.
2️⃣ Key Support Levels:
Immediate support lies at 1.2290, currently being tested.
Further downside could target the next key support at 1.2037 if bearish pressure persists.
3️⃣ Moving Averages:
50-day SMA (blue): Trending downward at 1.2664, reflecting short-term bearish sentiment.
200-day SMA (red): Sloping lower at 1.2804, confirming a broader bearish trend.
4️⃣ Momentum Indicators:
RSI: At 32.8, nearing oversold conditions but still aligned with the downtrend.
MACD: Bearish momentum remains strong, with the MACD line deeply negative and extending lower.
What to Watch:
A break below 1.2290 could pave the way for a decline toward 1.2037.
Any corrective rallies within the channel may face resistance at the midline or upper boundary.
Oversold RSI levels could signal a temporary pullback, but momentum remains bearish.
GBP/USD remains under intense selling pressure as it trends lower within the descending channel. Traders should monitor key levels for potential breakout or continuation signals.
-MW
AUD/USD Testing Key Support Amid Persistent DowntrendChart Analysis:
The AUD/USD pair continues its downward trajectory, reaching critical support levels, while bearish momentum remains dominant.
1️⃣ Key Support Levels:
Immediate support at 0.6190, marking the current level of defense for buyers.
Further support at 0.6169, the next line of demand if the pair breaks lower.
2️⃣ Downtrend Line:
The pair remains constrained by a steep descending trendline, highlighting the sustained bearish pressure.
3️⃣ Moving Averages:
50-week SMA (blue): Trending downward at 0.6574, aligning with the bearish outlook.
200-week SMA (red): Sloping lower near 0.6870, confirming the broader bearish trend.
4️⃣ Momentum Indicators:
RSI: Hovering near 30, indicating oversold conditions, but further downside cannot be ruled out.
MACD: Deeply negative and declining, reflecting strong bearish momentum.
What to Watch:
A break below 0.6190 could open the door for further declines toward 0.6169 or lower levels.
Any sustained break above the descending trendline would indicate easing bearish pressure and may attract buyers.
Monitor RSI for potential bullish divergence as the pair approaches oversold levels.
AUD/USD remains under intense bearish pressure, with key support levels being tested. Traders should watch for any breakout or breakdown signals to determine the pair’s next directional move.
-MW
My Crazy Trading Story and How I Fixed ItHey everyone! I want to tell you about this one time when trading made me feel like I was on a wild rollercoaster. I made some money with a trade, and I got so excited that I thought I could do it again, but even bigger. But guess what? I lost a lot of that money back because I was too greedy.
I know you guys have felt this too:
- Fear: When your trade starts going down, and you get scared, selling it too early. Then, you see it going up the next day, and you're like, "Oh no, why did I do that?"
- Greed: When you win big, you want more, right? But sometimes, that makes you keep a trade too long or do another one without thinking, and then you lose.
-Worry: Those nights where you can't stop thinking about your trades. You're either scared to lose more or afraid you'll miss out if you don't trade. It's so hard to decide what to do.
It's super frustrating when you mess up because you're letting your feelings control your trades. But I found a cool trick that helped me a lot:
My Trick: The Chill-Out Break
When I start feeling all those big emotions - like greed or worry - I set a timer for 15 minutes. I go outside, take a walk, or play with my dog. Anything to get my mind off trading for a bit. When I come back, I'm calmer, and I can think better about what to do next. It's like taking a timeout in a game, but for your brain.
This little break has stopped me from making bad choices just because I was feeling too much. It's not just about making more money; it's about being happy while trading.
Have you ever felt like this when you're trading? What do you do to calm down? Let's talk about it! Ever felt this way? Send me a DM, I'm more than happy to help or even join my webinar this Sunday.
Kris/Mindbloome Exchange
Trade What You See
GBPJPY Sell/Short SignalWhat I have been marking up for GBPJPY it appears to have pumped a few pips prior to stopping at its main shoulder of resistance. I have been watching key levels for take profits potential here of the levels 192.020, 188.006, and 183.762 for day trades and swing trades. Rejection levels of 199.853 and 198.881 has proven that we are facing a lower high trend rejection for a continuous downtrend for the next few months it potentially has here. I suggest to use proper risk management when entering the trade and to have your stop losses set at 30-50 pips depending where you entered in. You may close when you feel is best to do so on your own. Please message me if you have any questions about this trade! Thanks!
XAUUSD H1 Move Read The Caption This is a 1-hour candlestick chart of XAU/USD (Gold Spot against the US Dollar), showing technical analysis:
1. Uptrend Channel: The yellow channel indicates an upward price trend. The price consistently bounced between the upper and lower boundaries of this channel.
2. Breakout and Support: The price has broken out of the channel, forming a new area of support near 2,675. This level is marked by a blue horizontal line.
3. Target Zone: A potential bearish scenario is highlighted, where the price could drop to the "Target Zone" near 2,650. This area is represented by a horizontal blue line at the bottom.
4. Predicted Price Movement: The white zigzag lines depict possible price movements:
A short-term rally testing the upper resistance near 2,680-2,690.
A subsequent downward movement back to the support or the target zone at 2,650.
5. Analysis Context:
Traders are monitoring the resistance level for rejection or a further breakout.
A break below the blue support line could lead to further selling pressure toward the 2,650 target zone.
This chart likely reflects a near-term bearish bias following the break from the ascending channel.
AUDJPY Buyers In Panic! SELL!
My dear friends,
AUDJPY looks like it will make a good move, and here are the details:
The market is trading on 98.841 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 98.129
Recommended Stop Loss - 99.245
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURCHF The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on EURCHF and concluded the following:
The market is trading on 0.9427 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.9384
Safe Stop Loss - 0.9455
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GOLD Set To Fall! SELL!
My dear subscribers,
GOLD looks like it will make a good move, and here are the details:
The market is trading on 2673.9 pivot level.
Bias - Bearish
My Stop Loss - 2693.3
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2643.0
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
AUDCAD Massive Long! BUY!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.8915
Bias - Bearish
Safe Stop Loss - 0.8899
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8943
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
EURUSD: Bearish Continuation & Short Trade
EURUSD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell EURUSD
Entry - 1.0300
Stop - 1.0258
Take - 1.0379
Our Risk - 1%
Start protection of your profits from lower levels
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AUDUSD Technical Analysis! BUY!
My dear friends,
My technical analysis for AUDUSD is below:
The market is trading on 0.6199 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.6226
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPCHF: Expecting Bullish Movement! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPCHF chart which, if analyzed properly, clearly points in the upward direction.
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EURCAD: Bearish Forecast & Bearish Scenario
Balance of buyers and sellers on the EURCAD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
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