XAUUSD BUY AGAIN ALL TIEM HIGHFakeout Possibility:
The price has sharply surged, but it may be a liquidity grab before a reversal.
If buyers fail to hold above the first support zone, a deeper drop could occur.
Resistance Strength:
The resistance zones above are historically strong, making a breakout difficult.
If momentum weakens before reaching the first target, a rejection is likely.
Potential Double Top Formation:
If price retests resistance without breaking, a double top pattern could form.
This could trigger a reversal towards the lower support levels.
Volume Confirmation:
If there is decreasing bullish volume as price climbs, it may indicate a false rally.
Strong bearish volume appearing at resistance would support a reversal
Forexsetup
USOLI NEXT MOVE ounter-Analysis (Bearish Scenario Instead of Bullish)
Rejection at Resistance Instead of Breakout
The targets assume that price will move past resistance zones at $69-$71, but resistance could hold, causing a reversal.
If sellers step in near resistance, we could see another leg downward instead of a rally.
Support Failure Instead of Bounce
The chart suggests that crude oil will bounce from support (~$66.89), but if selling pressure increases, the price could break below support instead.
A break below $65.85 (strong support) could send USOIL toward lower levels ($64 or below).
Lower High Formation Instead of Uptrend
If oil fails to break above resistance and forms a lower high, it could indicate continued bearish momentum rather than a bullish reversal.
The previous downtrend might still be intact, with this current move just being a retracement before another drop.
Fundamental Risks
Macroeconomic factors like higher interest rates, reduced demand, or increased oil supply could prevent a bullish rally.
If economic data suggests slowing growth, oil prices could struggle to push higher.
GBPUSD STRONG ANALYSIS 1. Over-Reliance on the Ascending Channel
The chart assumes price will stay within the current rising channel, but price action often breaks such structures. A bearish breakdown could invalidate this projection.
If 1.26070 support fails, we may see a larger downtrend rather than a bounce.
2. Resistance Might Be Stronger Than Expected
The 1.8060 resistance is plotted far from the current price (1.28773). Assuming such a long-term rally without testing lower levels could be overly optimistic.
Sellers may push price down near 1.2700 or lower before any meaningful bullish move.
3. Volume and Momentum Are Missing from the Analysis
There's no clear volume confirmation supporting the bullish move. If buying volume weakens, the price may consolidate instead of rallying.
RSI/MACD divergence could indicate exhaustion, leading to a bearish reversal.
4. Macro Factors Could Invalidate This Setup
The British Pound is highly sensitive to economic data (inflation, interest rates, etc.).
If upcoming news favors the USD, the GBP/USD pair could break below support levels rather than respecting the predicted bounce zones.
Possible Alternative Scenario
A false breakout above recent highs could lead to a reversal, with price targeting 1.26070 or even lower levels before finding real bullish strength
Gold weekly chart should be read the caption Gold continues to correct lower amid the selloff in the US stock market as it tightens financial conditions when it’s this aggressive.
The problem here is that we got weaker economic data with increasing inflation expectations. The market might be fearing that in case we get a slowdown, the Fed might not be fast enough in cutting rates amid inflation remaining above target and uncomfortably high long-term inflation
Btcusd strong sell 1. Breakout Possibility Instead of Rejection
The chart assumes Bitcoin will face resistance at ~99,000 and drop towards the 96,000 support zone. However, Bitcoin has shown strong bullish momentum leading up to this point. If the buying pressure continues, BTC could break out above resistance instead of reversing.
A clean breakout and retest of the resistance zone as new support could send BTC toward 100,000+ rather than declining.
2. Liquidity Trap & Fakeout Risks
Market makers often target areas with high liquidity. If many traders anticipate a drop from resistance, a fakeout could occur—where BTC briefly dips, then reverses upward, liquidating short positions.
Instead of a clean sell-off, price could wick down to shake out weak hands before continuing higher
3. Support May Not Hold
The identified support area near 96,000 assumes buyers will step in. However, if market sentiment shifts (e.g., news events, macroeconomic data), BTC could crash through support instead of bouncing
If BTC closes below support, the next downside target could be around 94,000 or lower.
4. Fundamental & External Factors
Technical patterns are useful, but external factors like news, ETF inflows, and macroeconomic conditions can disrupt traditional price movements
If a major bullish event (e.g., institutional buying, regulatory clarity) occurs, BTC could invalidate the expected bearish retracement and continue surging
Conclusion:
While the given analysis suggests a bearish correction from resistance alternative scenarios include
A bullish breakout above resistance
A fakeout drop before continuation higher
A failed support level leading to deeper declines.
External catalysts overriding technical expectations
GBP/CAD Potential short opportunity 📉 Price is back into a key supply zone, signaling a potential reversal. Before executing, I’m watching for:
✅ Further confirmation on H1 or H4
✅ A clear Change of Character (CHoCH)
✅ Liquidity sweep to trap early buyers
⚠️ Patience is key! Let the market show its hand before entering. A strong rejection and lower timeframe breakdown could confirm the setup.
📊 What’s your take? Are you seeing the same setup? Drop your thoughts below! 👇
#GBPCAD #ForexTrading #SmartMoney #LiquiditySweep #CHoCH #PriceAction #ForexSetup
EURUSD Hits Support Zone—Is a Bullish Reversal Coming!!!As I expected , the EURUSD ( FX:EURUSD ) fell to the target I set yesterday.
EURUSD is moving near Support zone($1.039-$1.033) and 100_SMA(4-hour) .
According to the theory of Elliott waves , it seems that the EURUSD has succeeded in completing the corrective Zigzag(ABC/5-3-5) , and we should wait for the EURUSD to rise again. One of the signs of completion can be a Bullish Engulfing Candlestick Pattern with a suitable volume .
I expect EURUSD to rise to Resistance zone($1.0534-$1.0448) after breaking the Resistance lines .
Note: If EURUSD goes below $1.0333, we can expect more dumps .
Please respect each other's ideas and express them politely if you agree or disagree.
Euro/U.S.Dollar Analyze (EURUSD), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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AudCad should follow the trend.Looking for Impulse Down.
AudCad now at Daily FVG area. I am expecting it will follow down trend to take lower liquidity. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
GBP USD Trade Setup Daily Timeframe
On the daily timeframe, GBP USD has broken below a key support level, which has now turned into resistance. and the price is currently rejecting this level.
We will focus on selling opportunities by analyzing the lower timeframes for entry patterns and confirmation.
XAUUSD buy all time high full more op gold opportunity (XAUUSD) buy 2680_2675 support area
Resistance 2720_2750 soon
developments that will shape the next year and offers exclusive guidance into their potential impact on various asset classes
XAUUSD buy opportunity now 2689_2680
Target 2700
Target 2710
Target 2720
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
GBPJPY | Long ideaJPY pairs have been going on a bullish ride and I expect it to keep going. I am looking for a drop in the zone (green arrow) before I would be interested in a long position. To be honest I don't even think it is going to get there, it might go flying instead of dropping first.
Anyway, let me know what you think!