Bearish reversal off 61.8% Fibonacci resistance?EUR/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.48821
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.49410
Why we like it:
There is a pullback resistance level.
Take profit: 1.47454
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.
Forex
Bearish drop?EUR/JPY is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 163.78
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 164.76
Why we like it:
There is a pullback resistance level.
Take profit: 162.12
Why we like it:
There is an overlap 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.
USDJPY: Channel Up extending its 2nd bullish wave.USDJPY continues to trade on an highly bullish 1D technical outlook (RSI = 66.571, MACD = 1.090, ADX = 47.294) as today made a new high inside the 4 month Channel Up. It is on its 2nd bullish wave and it has started its 2nd stage, as it crossed above the 0.382 Fibonacci level, much like the previous bullish wave on October 21st. Aim for the 0 Fib near the top of the Channel (TP = 164.000)
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Trading in My PJs: How Comfort Turned My Trading AroundI used to think you had to look the part to be a serious trader - suit up, stare at screens in some office-like setting, and wear that intense Wall Street frown. But one chilly morning, I decided to ditch the suit for my pajamas, and guess what? It was one of the best moves for my trading career.
The Day Comfort Clicked Waking up to the cold, I chose to trade from my cozy bed, PJ's on, with a warm cup of tea instead of my usual coffee. Something amazing happened right then. I felt so relaxed, the stress of trading just melted away, and suddenly, my decisions were clearer. I started catching trends I would've missed in my buttoned-up days, and my performance? It just took off.
How Comfort Changed My Trading Trading from the comfort of my own bed or a comfy chair did more than just feel good:
-Stress Vanished: Being in a chill environment made me less worried about market swings, leading to more thoughtful calls.
-Sharper Focus: Without the itch of a stiff shirt or the squeeze of a tie, I could zone in on those charts for hours, picking up on patterns I'd usually miss.
-Smarter Risk Management: Feeling at ease meant I stuck to my trading plan better, dodging those impulsive trades that often left me in the red.
Making Comfort Work for Me It wasn't just about chilling out all day. Here's how I mixed comfort with keeping my game tight:
-My Trading Nook: I made a little corner in my room my trading spot, with all my gear handy, but with that homey, warm feel.
-Sticking to a Schedule: Even in my pajamas, I kept things structured, starting with a quick workout to get my brain going, then trading with the same focus as if I were at work.
-Mindset Shift: I treated my comfy setup like a professional space, ensuring I was not just trading but also learning and growing.
What I Took Away The big lesson? Your surroundings play a huge role in your trading psychology. A bit of comfort can lead to a calmer, smarter approach to the markets. It's not about slacking; it's about setting up the perfect mental space for making wise choices.
Are You Trading Uncomfortably? If you're still in an uncomfortable setup, thinking formality equals seriousness, maybe it's time to reconsider. Comfort could be your trading edge.
Finding That Balance Of course, there's a balance to strike. While trading in PJs can be a game-changer, you still need discipline, to stay informed, and dive into market news.
If you're curious about blending comfort with trading discipline or if your setup's not cutting it, shoot me a DM. I've walked this path, and I'm here to help you find what clicks for you too!
Kris/Mindbloome Exchange
My Fitness Journey: How Hitting the Gym Upped My Trading GameThere was a time in my trading journey when I thought that focusing solely on numbers, charts, and the next big trade was the way to go. But honestly, I was burning out, feeling foggy, and my health was taking a backseat. That all changed when I decided to swap my late-night snacks for a gym membership.
The Day It Hit Me: I'll be real with you; I started working out not for the six-pack but because I needed to clear my head and get some energy back. And wow, did it ever transform my trading game. I've got the charts to prove it - my trading performance before and after getting fit. Before, I was missing opportunities, getting stressed, and making rash decisions. Now, I'm more alert, my timing's spot-on, and my risk management? It's like night and day.
What Being Out of Shape Does to You I did some digging, and there's actual science behind why this works. Exercise gets your brain firing on all cylinders, making you better at those quick, critical decisions we face every trading day. It's not about becoming a bodybuilder; it's about getting your blood pumping to where it counts - especially your brain.
How I Got My Groove Back I'm not saying you need to live at the gym. My routine's simple; I do what I can even while the markets are buzzing. A quick morning workout or some stretches during lunch breaks has made all the difference. It’s all about finding that sweet spot, where you're not just a trader but a healthy human being too.
What I Learned from All This This journey's been an eye-opener. I realized that being a good trader isn't just about knowing the market; it's about knowing yourself. This wasn't just about sharing data; it was about sharing a piece of my life, hoping it echoes with you. It's sparked so many chats because, let's be real, we all struggle with keeping our health in check while chasing those green candles.
Are You Trading While Unfit? The timing was perfect. With everyone talking about burnout and how to stay sharp, my story about how fitness upped my trading game felt like a message that needed to be out there. Whether you're into stocks, crypto, or forex, here's the deal - your health directly impacts your wealth.
If you’re stuck or want to chat about juggling trading with a healthy lifestyle, hit me up with a DM. I’ve walked this path, and I’m here to lend a hand!
Kris/Mindbloome Exchange
XAUUSD BUY AGAIN ONE TIME ALL TIME HIGH GOLD BIG FLYING SOON XAUUSD one time again new trend is likely to continue benefiting tech and energy companies It is highly probable that XAUUSD will establish a new all-time long term target buy
XAUUSD BUY NOW FOMC MINUTES STRONG BULLISH
TP 2675
TP 2680
TP 2690
TARGET 2700
STRONGLY HOLD
GBPAUD SELL | Idea Trading AnalysisGBPAUD is moving on support zone
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support line .
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Gbpusd move to down (Read the caption)This chart presents a technical analysis of GBP/USD on the 1-hour timeframe. Here's the breakdown:
1. Trend and Channel:
A descending channel is outlined with yellow lines, showing the pair's recent bearish trend.
The price has broken out of this channel to the upside, indicating a potential reversal or retracement.
2. Key Zones:
Sell Loss Zone (Red Area): Above 1.2631-1.2632, likely representing a stop-loss zone for sell positions.
Target Zone (Blue Area): Between 1.2388 and 1.2386, identified as a potential price target for short positions.
3. Resistance Levels:
A significant resistance is marked near 1.2571, which aligns with the breakout area and could act as a decision point for future price action.
4. Projected Price Movement:
White arrows show a bearish projection from current levels. The analysis suggests a potential pullback after a minor consolidation or false breakout near the resistance, targeting the highlighted target zone.
GBPCAD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for GBPCAD below:
The instrument tests an important psychological level 1.7763
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 - 1.7884
Recommended Stop Loss - 1.7690
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
CADCHF: Short Signal with Entry/SL/TP
CADCHF
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short CADCHF
Entry Point - 0.6324
Stop Loss - 0.6351
Take Profit - 0.6276
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
key performance of sentiment cycle indicatorI couldn’t resist sharing this idea again because the performance of the Sentiment Cycle Indicator continues to impress, as demonstrated by the latest chart. This post follows up on the idea I shared yesterday, showcasing the indicator’s ability to identify price manipulation and avoid market traps.
Let me explain: Around midnight on Wednesday (yesterday at 00:00 hours), the market was in a sideways phase. The indicator briefly signaled a buy, followed by a small sell signal, before going sideways again. Later, it gave a sell signal, and after another sideways period, it returned to sell mode. What’s remarkable is how accurately the indicator identifies these phases, guiding you through periods of low volume and reduced market activity.
• The Red and Green Backgrounds: These represent clear buy and sell signals, helping traders act with confidence.
• No green/red background or Plain chart: This signify sideways markets, where no significant signals are detected, helping traders avoid over-trading or entering low-probability trades. (highlighted in blue line border box)
Notice the two marked blue areas—these are prime examples of how the indicator detects manipulative sideways phases, keeping you out of risky trades. It lets you stay disciplined by waiting for confirmed buy or sell signals, avoiding unnecessary losses.
Additionally:
• Stop-Loss Options: The indicator allows you to set your stop-loss either on the same candle or the previous one, giving you flexibility in trade management.
• Small and Precise Signals: The indicator generates accurate signals with minimal noise, helping you enter trades with confidence and tighter risk management.
This is a perfect demonstration of how this tool not only gives high-probability buy and sell signals but also helps you understand market manipulation and avoid common traps. Whether you’re an experienced trader or a beginner, this indicator offers clarity and structure in your decision-making process.
Give it a try—you’ll see how effective it is in helping you trade smarter and avoid over-trading!
GBPNZD Trading Opportunity! BUY!
My dear subscribers,
My technical analysis for GBPNZD is below:
The price is coiling around a solid key level - 2.2036
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.2185
My Stop Loss - 2.1959
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURUSD What Next? BUY!
My dear friends,
Please, find my technical outlook for EURUSD below:
The instrument tests an important psychological level 1.0297
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 - 1.03353
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
GBPUSD: Will Start Growing! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPUSD pair which is likely to be pushed up by the bulls so we will buy!
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USDCAD: Weak Market & Bearish Forecast
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the USDCAD pair price action which suggests a high likelihood of a coming move down.
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