XRP 1hour and 5min time frame, my idea what will happen. time 14:21, price is $2.43
1st profit taker: $2.46
sell order on $2.46 with potential profit taker $2.36 around time 15:50
What i use:
✔ 1H Chart: Identifies trend direction using EMA 50.
✔ 5M Chart: Confirms entries in the direction of the 1H trend when price pulls back to EMA 9 or EMA 21.
✔ Added: RSI or MACD for extra confluence.
🔹 Ideal for day traders and scalpers looking to trade XRP with higher accuracy. 🚀
Longterm
Why did gold prices surge and hit a new ATH over the weekend ?Gold News:
🔆 New US Tax Policy : The Trump administration announced plans to impose a 25% tariff on imports from Mexico and Canada. This increased concerns about trade tensions, causing investors to seek gold as a safe-haven asset.
🔆 Weak US economic data : US GDP in the fourth quarter of 2024 increased by only 2.3%, lower than the forecast of 2.6%, raising expectations that the US Federal Reserve (Fed) may have to cut interest rates in the coming months. This weakened the USD, supporting gold prices.
🔆 US bond yields fell : The yield on the 10-year US Treasury bond maintained its downward trend to 4.54%, making gold more attractive than fixed-income assets.
🔆 Global Risk Aversion : In addition to the uncertainties from the US, the market also reacted to the geopolitical situation in the Middle East and Europe, with news of escalating tensions between Iran and Israel.
🔆All these factors pushed the price of gold to a record high, reaching a new peak of $2,817/ounce
Technical analysis and commentary:
🔆The current gold price is still maintaining an upward trend, however, the RSI shows that gold is correcting down, which could create a stronger upward momentum. Economic data is leaning towards buyers and there is no clear sign that sellers will join in. The analysis is based on support and resistance levels combined with Fibonacci to come up with a reasonable plan.
Resistance: $2,817, $2,838, $2,850
Support: $2,788, $2,765, $2,734
Thank you for reading my comment: "FM"
Gold Trends in European and US Trading SessionsNews:
🔆XAU/USD hit a record high of $2,817.23 an ounce on January 31 after US President Donald Trump imposed 25% tariffs on imports from Canada and Mexico, along with a 10% tariff on goods from China, raising concerns about a global trade war.
🔆Gold prices are forecast to reach $3,000 an ounce by the end of 2025, based on expectations of interest rate cuts and increasing global uncertainty.
🔆However, gold prices fell nearly 1% on Monday. The decline was largely due to President Trump's tariff policies, which have strengthened the US dollar in the short term.
Technical analysis:
Support: The $2,770 area (European trading session) is considered a key support level. If gold holds above this level, the uptrend could continue.
Resistance: The record high of $2,817.23/ounce is now a major resistance level. Breaking through this level could open up new bullish momentum for gold.
Conclusion:
🔆Gold prices are still in a strong uptrend. However, gold prices are in a correction phase due to the strengthening of the US dollar. However, the demand for gold as a safe-haven asset could limit the decline. Monitoring economic and political developments, especially trade policies and fluctuations in the US dollar, will be important to predict the gold price trend in the coming time.
Analysis based on resistance - support zones combined with Fibonacci
Plan:
🔆Setting a price range:
👉 Buy gold 2768 - 2770 (EUROPEAN TRADING SESSION)
❌SL: 2761 | ✅TP: 2773 – 2780 – 2790
👉 Sell gold 2817 -2820
❌SL: 2824 | ✅TP: 2812 - 2806 – 2800
👉 Buy gold 2748 – 2750
❌SL: 2744 | ✅TP: 2755 – 2762 – 2770
Thank you for reading my comment: "FM"
USDCAD currency pair trend after US imposes 25% tariff on CanadaNews:
🔆The Canadian dollar weakens as Donald Trump imposes 25% tariffs on Canada on February 1
🔆 Monetary policy : The Bank of Canada (BoC) has cut its benchmark interest rate to 3.00% by January 2025, following previous cuts. This rate cut could weaken the CAD, while the US Federal Reserve (Fed) is also in an easing cycle.
🔆 Oil prices : Canada is a major oil exporter, so oil price movements have a significant impact on the CAD. Oil prices have recently risen on expectations of higher demand from China, which could support the CAD.
Technical analysis:
🔆 Long-term trend : USD/CAD continues its strong uptrend, especially after breaking out of its previous short-term trading range.
🔆 Support and Resistance : If the uptrend continues, the next resistance level could be in the 1.4900–1.5000 range. Conversely, if there is a downside correction, the key support level to watch is 1.4280.
Future Outlook:
CAD is expected to strengthen in 2025 as lower interest rates stimulate economic growth and increase investor risk appetite. However, this outlook depends on the recovery of the global economy and demand for commodities, especially oil. Additionally, Canada is also considering a delicate tariff policy approach with the US to limit CAD weakness against the USD
Conclusion:
The USD/CAD pair is currently in a strong uptrend, supported by technical and fundamental factors. However, traders should be cautious and closely monitor economic developments, monetary policies and oil price fluctuations to make sound trading decisions.
Xau/Usd Comments for Today's US Trading SessionFactors Affecting Gold Price Today
1. Waiting for US Advance GDP q/q và Unemployment Claims
One of the important events that the market is watching today is Advance GDP q/q và Unemployment Claims. If the numbers are lower than expected, this could put pressure on gold.
2. Fed Monetary Policy
The Fed kept interest rates unchanged at its most recent meeting and stressed that it is in no rush to cut. Chairman Jerome Powell said that more data is needed to ensure that inflation is actually falling before considering a policy adjustment.
Currently, the market is betting on the possibility of the Fed cutting interest rates in May or June, which will support gold prices in the medium term.
3. USD and US bond yield movements
The USD index stabilized around 108, while the US 10-year bond yield hovered around 4.5%, maintaining a downward trend after peaking on January 14. If the USD weakens or yields continue to fall, gold prices may continue to rise.
4. Impact from geopolitical tensions and tariffs
US President Donald Trump is considering new tariff policies, which may impact risk sentiment in financial markets. If concerns about trade policies increase, safe-haven demand for gold may increase.
Conclusion
In the short term, gold is still under pressure from monetary policy, but in the long term, expectations of a Fed rate cut may support gold prices to rise. Investors should closely monitor market developments and important economic data to have appropriate trading strategies.
Plan:
🔆 Set price range:
👉 Buy gold 2730 – 2733
❌SL: 2725 | ✅TP: 2738 – 2745 – 2752
👉SELL Gold 2788 -2790
❌SL: 2796 | ✅TP: 2783 - 2777 - 2770
Thank you for reading my comment: "FM"
USDCHF - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
0.89147 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 0.89147 is broken.
Technical analysis:
A trough is formed in daily chart at 0.89645 on 01/27/2025, so more gains to resistance(s) 0.91497, 0.92218, 0.94400 and more heights is expected.
Take Profits:
0.85510
0.86286
0.87474
0.88195
0.89147
0.90367
0.91497
0.92218
0.94400
0.96000
0.99200
1.01453
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WTI - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 64.000, resumption of uptrend is expected.
We make sure when the resistance at 80.100 breaks.
If the support at 64.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
A trough is formed in daily chart at 66.510 on 11/18/2024, so more gains to resistance(s) 75.446, 77.920 and maximum to Major Resistance (80.100) is expected.
Take Profits:
75.446
77.920
80.100
83.961
87.000
93.882
100.802
109.192
126.350
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Bearish trends in the days ahead. Hello,
To all my folks who are trading forex. Right now everything has been going crazy with all the news across the world.
One thing can be sure is the USD is reigning supreme. With a guy sitting at the big White House in DC. Be rest assured he wants to be first at everything. He wants US first in everything. It’s only a matter of time before things start to reflect certain aspects of that. Especially the USD.
So let’s take a look at what the EUR has been doing for a while! What it has been doing for a long time is falling.
Things will continue to be that way. If we extend the times on the chart to 4hrs, day, week and even month. You can see that things are looking to trace back to low’s that haven’t been hit in years.
Of course, things will always have to retrace, you will have your support and resistance levels. That’s a gimme. It’s what we do at those levels is what will define these future trades.
At this time. It’s time to throw the towel in and admit. We are in a EUR/USD downtrend for a long time to come.
As always, research your entries, confirm your strengths and look for opportunities to trade smarter. If you enjoy this publish idea, please follow and boost this up.
- Thank you
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is below the resistance 199.790, resumption of downtrend is expected.
We make sure when the support at 182.782 breaks.
If the resistance at 199.790 is broken, the short-term forecast -resumption of downtrend- will be invalid.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected.
Take Profits:
196.006
193.510
191.884
189.477
186.231
182.782
178.409
Total Profit: 3204 pip
Closed trade(s): 1584 pip Profit
Open trade(s): 1620 pip Profit
Trade Setup:
We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO.
Closed Profit:
TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit.
TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit.
TP3 @ 191.884 touched at 2025-01-13 with 480 pip Profit.
TP4 @ 189.477 touched at 2025-01-17 with 720 pip Profit.
67 + 317 + 480 + 720 = 1584 pip
Open Profit:
Profit for one SELL trade is 196.68(open price) - 192.632(current price) = 405 pip
4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620 pip
__________________________________________________________________
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TAO ANALYSIS📊 #TAO Analysis
✅There is a formation of Falling Wedge Pattern on daily chart with a breakout and currently trading around its major resistance area🧐
Pattern signals potential bullish movement incoming after a breakout of major resistance zone
👀Current Price: $479
🚀 Target Price: $659
⚡️What to do ?
👀Keep an eye on #TAO price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#TAO #Cryptocurrency #TechnicalAnalysis #DYOR
etc longterm buy"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
SOL - Two Massive Longs Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 SOL is currently approaching an interesting zone as it nears the upper bound of the channel and its previous all-time high.
🏹For SOL to enter the price discovery phase and reach new ATHs, a daily candle close above $260 is required.
On the other hand, if it retests the green structure and the lower trendline, it would present a massive opportunity to accumulate at a discounted rate.
For now, we wait! ⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
US500 - Short-Term Pain!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈US500 has been in a correction phase and it is currently approaching the lower bound of the blue channel.
Moreover, the blue zone is a strong demand and structure.
🏹 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 #US500 approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
If the blue intersection is broken downward, a deeper correction towards the green intersection would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Expecting a new ATH for XAU/USD next week✍️ NOVA hello everyone, Let's comment on gold price next week from 01/27/2025 - 01/31/2025
🔥 World situation:
Gold prices continued to rise this week, nearing the all-time high of $2,790, with a breakthrough seeming increasingly likely. Comments from US President Donald Trump could serve as a potential catalyst for further gains, especially as he hinted at holding off on imposing tariffs on Chinese goods. Currently, XAU/USD stands at $2,772, up 0.60%.
Market sentiment turned slightly cautious despite Trump's softened stance on trade policies with both allies and rivals. On the economic front, Friday's US data showed an improvement in December's manufacturing activity, according to S&P Global, while the University of Michigan's final January survey revealed a decline in consumer sentiment.
🔥 Identify:
Positive market - the chance of gold price reaching new ATH is very high. The moves on the chance of interest rate cut still exist after President TRUMP supported lower interest rates than the current
🔥 Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: $2790, $2800, $2820
Support : $2754, $2719
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NZDUSD - LongTerm + MidTerm forecast, Technical AnalysisMonthly TimeFrame:
Weekly TimeFrame:
LongTerm forecast (Monthly Timeframe):
Price is in a Downtrend, But 0.5470 is a Major support.
Considering that this support line has not been broken since 2009, there is a high probability that the price will be rejected and a long-term upward trend will be formed.
But this process will also take years.
MidTerm forecast (Daily Timeframe):
0.57992 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach MidTerm targets.
Beginning of entry zone (0.5540)
Ending of entry zone (0.5470)
Take Profits:
0.5664
0.5750
0.5799
0.5863
0.5916
0.6036
0.6118
0.6259
0.6368
__________________________________________________________________
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. . . . . . . . . . . Drop some feedback below in the comment!
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EURCHF is starting to turn upLooks like a trend reversal at last.
1. Strong pinbars from the levels below 0.92 that rob the stops.
2. A broken trend line, higher lows, higher highs
3. it is currently at a very important level,we are watching how it will react and whether it will be overcome.
4. We are now long on a larger time frame.
sol buy limit longterm"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
Trading Plan for Today's US Trading Session🔆Trump uncertainty pushes gold prices near all-time highs. Gold prices jumped to a near three-month high on Wednesday, trading just below a record high, boosted by a weak dollar and a lack of clarity around U.S. President Donald Trump’s policy plans, which investors fear could spark a trade war and increase market volatility.
🔆 Assessment:
👉In the long term, the gold trend is still maintaining an upward momentum. However, the short term is showing a slight adjustment
👉In the context of not many economic policies of major financial countries being announced. Investors' concern is to find safer investment channels such as Gold. And wait for clear policies of D. Trump to be able to make reasonable investment decisions
Plan:
🔆Price Zone Setup:
👉 Buy Gold 2720 – 2722
❌SL: 2715 | ✅TP: 2728 – 2733 – 2740
👉SELL Gold 2774 -2776
❌SL: 2781 | ✅TP: 2767 - 2760 - 2753
Thank you for reading my comment: "FM"
CAD/CHF - Analysis and Forecast for 2025Are you ready to explore one of the most intriguing currency pairs in the forex market? 🌍 In this video, I dive deep into CAD/CHF to uncover the trends, key levels, and potential opportunities that 2025 holds for traders like you! 🕵️♂️💡
🚀 What to Expect:
✅ A detailed analysis of the Canadian Dollar 🇨🇦 vs. Swiss Franc 🇨🇭.
✅ Key drivers shaping the forex market this year, including oil prices 🛢️, monetary policy 📊, and global economic dynamics 🌐.
✅ Entry points, targets 🎯, and risk management tips for smarter trading.
💼 Whether you're a seasoned trader or just starting your journey, this video provides actionable insights to help you make informed decisions. 📊📈
👀 Why CAD/CHF?
The CAD/CHF pair is not just another forex pair—it’s a battleground of two strong economies with unique influences. From Canada’s oil-driven strength 🛢️ to Switzerland’s reputation for stability 🏦, this pair offers volatility and opportunity for those who know how to trade it.
💡 Don't Miss Out!
Watch till the end to see why I entered a buy position and how I plan to capitalize on the upcoming trends. 🎯💰
🌟 Hit the Like Button 👍, Subscribe 🔔, and Join the Discussion in the Comments!
Let’s decode the future of CAD/CHF together! 💬👨💻
BTC Building Blocks...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
BTC Building Blocks:
📈 Short-Term Bullish:
BTC is currently trading within a short-term bullish block.
📈 Long-Term Bullish:
If the $108,500 level is broken to the upside, BTC is expected to enter a long-term bullish block, initiating a new bullish phase toward the $125,000 mark.
📉 Short-Term Bearish:
If BTC breaks below the short-term bullish block at $100,000, it will enter a short-term bearish block phase.
📉 Long-Term Bearish:
If the $90,000 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $75,000 mark, is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Gold Trend in US Session🔆Technical analysis and prediction:
Gold is still in an uptrend and there is no sign of reversal, based on the short-term trend line of the 15m time frame, gold is showing signs of a slight decrease and will break out to the $2774 area
🔆Price Zone Setup:
👉 Buy Gold 2754 – 2756
❌SL: 2749 | ✅TP: 2761 – 2766 – 2772
👉SELL Gold 2774 -2776
❌SL: 2781 | ✅TP: 2767 - 2760 - 2753
Thank you for reading my comment: "FM"