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S&P 500 resistance levels#SPX Upon observing the 6-month cash data of the S&P index, it becomes clear that this index has reached significant resistance levels. However, it is still too early to proclaim the beginning of a major correction in this index. That said, it can be anticipated that a potential price correction might extend to the range of 4800 to 4500. When comparing the wave count of this index with the Warren Buffett Indicator, both reveal a common message: the S&P is currently situated in sensitive zones. There are two critical price ranges for this index that could lead to significant price reversals: the first range is between 6085 and 6240, and the second range is between 7900 and 8000.
SP:SPXShort
by NEoWave-Academy
XAU/USD Analysis – Wedge Breakdown & Bearish Trade Setup1. Chart Overview The 15-minute XAU/USD chart shows a descending wedge pattern forming after a price rally. The wedge is characterized by a series of lower highs and lower lows, signaling a gradual weakening of bullish momentum. After consolidating within this wedge, the price has broken down, suggesting a bearish continuation. This setup provides a high-probability short trade with clear entry, stop-loss, and multiple take-profit levels. 2. Key Technical Elements A) Chart Pattern – Descending Wedge Breakdown A descending wedge is typically a bullish reversal pattern when forming at the bottom of a downtrend. However, in this case, it appears at the end of a corrective move, making it a bearish continuation setup. The upper trendline (black dashed line) acts as resistance, preventing price from breaking higher. The lower trendline (solid blue line) represents temporary support. The wedge narrows as price action contracts, leading to an eventual breakdown. 👉 Breakout Confirmation: The price has broken below the wedge’s support trendline. A minor pullback to retest the broken trendline suggests validation of the breakdown. B) Resistance & Support Levels 1️⃣ Resistance Level (Sell Zone) – $3,100 to $3,135 This area previously acted as a supply zone, rejecting bullish attempts. Price was unable to sustain above this level, leading to further downside pressure. Stop-loss should be placed above this level ($3,135.57) to protect against invalidation. 2️⃣ Support Level (Buy Zone) – $3,050 to $3,056 This was a previous reaction zone where price briefly bounced before continuing lower. Now acting as Take Profit 1 (TP1) at $3,056.58. 3️⃣ Breakout & Retest After breaking the wedge, price retested the trendline but failed to reclaim it, confirming the bearish trend. 3. Trade Setup & Execution 🔵 Entry Point: Short trade activation upon the breakdown and retest of the wedge structure. Price rejection at the trendline confirms seller strength. 🔴 Stop-Loss: Placed at $3,135.57, slightly above recent swing highs. This protects against false breakouts or sudden reversals. 🎯 Take Profit Levels: TP1 ($3,056.58): First target where buyers might step in. TP2 ($3,022.39): Midway target, acting as another strong support. TP3 ($2,985.44): Final target where price may stabilize or reverse. 4. Market Context & Confirmation Indicators 📉 Bearish Confirmation: Strong downward momentum suggests continued selling pressure. Price action is failing to make new highs, confirming lower highs and lower lows. 📊 Risk-to-Reward Ratio (RRR): The trade offers a favorable RRR, as the downside potential is significantly larger than the stop-loss range. ⚡ Additional Confirmation: A strong bearish candle confirmed the breakout, rejecting higher levels. Potential support breakouts suggest that price could reach TP3 if bearish momentum continues. 5. Conclusion – Trading Strategy Summary ✅ Pattern Identified: Descending Wedge Breakdown (Bearish) ✅ Trade Direction: Short (Sell) ✅ Entry Trigger: Breakout & Retest of the Trendline ✅ Stop-Loss: Above $3,135.57 (Wedge Resistance Zone) ✅ Take Profit Targets: TP1: $3,056.58 TP2: $3,022.39 TP3: $2,985.44 📌 Final Thoughts: This setup provides a high-probability trade with a clear breakdown structure and downside potential. If the price continues to respect the bearish trend, reaching all TP levels is likely. However, traders should monitor for reversal signals and manage risk accordingly. 🔔 Risk Warning: Always use proper risk management and adjust positions according to market conditions! 🚀
OANDA:XAUUSDShort
by GoldMasterTrades
Gold fluctuates sharply at high levelsToday, the market focuses on the US non-farm payrolls data for March, including key indicators such as unemployment rate, non-farm payrolls and wage growth. The market generally expects: The unemployment rate remains unchanged at 3.9% The number of farm payrolls may be lower than the previous value of 275,000 The average hourly wage growth rate may slow down From the perspective of expectations, the data is generally favorable for gold. However, it is necessary to be vigilant that the ADP employment data released this week performed strongly. If today's non-farm payrolls are also better than expected, it may put pressure on gold prices. Therefore, it is expected that gold will maintain a volatile pattern during the day, waiting for data guidance. Technical analysis Daily level: Yesterday, the gold price fluctuated violently, first falling from the high of 3167 to the low of 3062, a drop of $1,000, and then rebounding strongly from the low of 3054 to 3135 during the US trading period, and finally closed at around 3100 The daily line formed a large negative line with an ultra-long lower shadow, showing a fierce battle between bulls and bears $3100 became a key psychological barrier, which was both the low point of yesterday's retracement and the previous double bottom support 1-hour level: The moving average system showed signs of turning downward, and the downward trend line suppression level moved down to around 3108 Key price Upper resistance: 3108 (trend line suppression) → 3135 (yesterday's US trading high) Lower support: 3100 (psychological barrier) → 3085 → 3057/3054 (top and bottom conversion position) Trading strategy Short strategy: Entry point: around 3108 (trend line suppression) Stop loss: above 3118 Target: around 3060 Applicable conditions: no strong breakthrough in European session Long strategy: First look at 3100 support, and try long with a light position if it stabilizes If it falls below 3100, pay attention to the support level of 3085/3057 For a better profit and loss ratio, you can consider arranging mid-term long orders Risk warning Non-agricultural data may cause violent fluctuations. It is recommended to reduce positions or wait and see before the data If the European session breaks through the suppression of 3118, you need to give up the idea of ​​short orders Strictly control stop loss and guard against false breakthrough risks Pay attention to the impact of the difference between the actual value of the data and the expectation on the market Summary Gold has entered the consolidation stage after experiencing a huge shock of 100 points. Non-agricultural data may become a key factor in breaking the current balance. Suggestions for investors: 3108 is the watershed for the Asian and European sessions, and high-altitude trading is the main focus Adjust positions before the US session to cope with the non-agricultural market Focus on the breakthrough of 3100 support and 3108 resistance Flexibly adjust strategies based on actual performance after data is released
FX:XAUUSD
by Golden_Legend
GBP/USD Short Trade Setup with Resistance & Support Levels"### **Chart Description: GBP/USD Short Trade Setup** This chart represents a **GBP/USD (British Pound to US Dollar) 1-hour timeframe** trade setup, highlighting key technical levels for a potential **short (sell) trade**. #### **Key Components:** - **Short-Term Resistance (1.31450 - 1.31600 Zone):** A price area where GBP/USD has faced selling pressure. - **Entry Point (1.30970):** The suggested level to enter the short position. - **Stop Loss (SL) at 1.31450:** If the price moves above this level, the trade is invalidated. - **Target (1.29376):** The price target based on previous support levels. - **Support Zone (1.29200 - 1.29400):** A historically strong buying zone where price is expected to react.
Short
by Michael-trades-
Dow Jones - Value Is The King Of 2025!Dow Jones ( TVC:DJI ) withstands all bearish struggles: Click chart above to see the detailed analysis👆🏻 All major U.S. indices have been weakening lately but the Dow Jones is clearly the strongest of all. It seems like big institutions are shifting back to value stocks and therefore the Dow Jones remains very strong. Looking at technicals, this trend is rather likely to continue during 2025. Levels to watch: $40.000, $50.000 Keep your long term vision, Philip (BasicTrading)
TVC:DJILong
by basictradingtv
8
" Don't Get Fooled! "Hello Traders 🐺 In this idea, I’ve got some shocking news for you my friends. So maybe right now you're asking yourself: "Am I getting bearish on Alts? Or are things still the same?" Let me break it down for you: As you might know, there are different scenarios that affect whether BTC Dominance (BTC.D) goes up or down. And I want to make it super clear, so you really understand how the market actually works 👇 1️⃣ BTC Pumps – Alts Drop (BTC.D 🚀) In this case, we’ll see a brutal pump in BTC.D. Why? BTC.D shows how much of the total crypto liquidity is allocated to BTC itself. So when BTC pumps, naturally it grabs a bigger share of the market. And when Alts start shaking, money flows out of them and into BTC. 2️⃣ BTC Dumps – Alts Crash Even Harder (BTC.D 🚀) When the overall market is bearish, BTC.D still grows, because during Bitcoin crashes, Altcoins suffer way more. Example? BTC corrects 10%, and Alts go through a full bloodbath. 3️⃣ BTC.D Sideways – Alts Start Pumping (BTC.D 👇) Here, we see BTC consolidating or slightly correcting, and in the meantime, money starts flowing into Alts. That’s when BTC.D starts to fall hard. 4️⃣ Bull Market Madness – Alts Go Wild (BTC.D 👇) In this phase, BTC.D crashes hard, and Alts go parabolic. This is typically the final phase of a bull run. But where are we now? Over the past 2 years, we saw BTC pump, while most Alts underperformed massively. Even in USD terms, many Alts are still far from their ATH. And against BTC? Total disaster. 😬 Now, if you look at the monthly BTC.D chart, RSI is printing a new all-time high, and it’s getting very close to the 70 level, which usually means overbought. Also, BTC.D historically tends to form a double top in RSI before it starts to correct—and as we speak, it’s trying to form that exact same structure. So be careful! Don’t let the big players fool you into selling your Alts too early. On the daily chart: BTC.D is currently inside a rising wedge pattern, which is a bearish setup. It’s now getting very close to the blue resistance line, which is a monthly resistance. Last time it touched this area, we saw a strong rejection with a big wick. Final Thought: This time, as BTC starts to grow, we might see a bit of lag in Alts. But when BTC.D reaches its limit, get ready for a massive explosion in Altcoin prices. 💣 I hope you enjoyed this idea! Make sure to like and follow for more support — and as always: 🐺 Discipline is rarely enjoyable, but almost always profitable 🐺 🐺 KIU_COIN 🐺
CRYPTOCAP:BTC.DShort
by Kiu_Coin
EUR/USD Analysis Ascending Triangle Breakout – Bullish TargetOverview of the Chart: The chart represents the EUR/USD (Euro to U.S. Dollar) pair on a 1-hour timeframe, showcasing a bullish ascending triangle breakout. The pattern indicates an upward continuation in the trend after a period of consolidation. This analysis will break down the key elements of the chart, the technical structure, and the potential trading strategy. 1. Market Structure & Key Zones A. Market Curve Area (Early Trend Development) The price started with a strong bullish trend leading up to the formation of the triangle. The curved trendline suggests a gradual increase in buying pressure, indicating that the market was preparing for a larger breakout. B. Resistance and Support Levels Resistance Level (Red Arrow & Blue Box): This level acted as a price ceiling where sellers previously dominated. The market attempted multiple times to break this resistance before successfully breaching it. Support Level (Green Arrow & Yellow Zone): The price consistently found buyers at this level, reinforcing a higher low structure. The rising support line within the triangle indicated strong accumulation by buyers. 2. Chart Pattern: Ascending Triangle Formation The price action formed an ascending triangle, which is a well-known bullish continuation pattern. The higher lows (trendline support) indicated buyers were gaining control, gradually pushing the price toward the resistance. Eventually, the resistance was broken with strong bullish momentum, confirming a valid breakout. 3. Breakout Confirmation & Retest The breakout above the resistance level came with high volume, indicating strong market participation. After the breakout, a minor pullback (retest) occurred, confirming previous resistance as new support. The price surged upward after the retest, validating the bullish trade setup. 4. Trade Setup & Risk Management A. Entry Strategy A trader would enter a buy (long) position after confirming the breakout. Entry Trigger: Either at breakout (high-risk, early entry) Or after a successful retest (safer entry) B. Stop Loss Placement A stop loss is placed below the previous support level at 1.07276, ensuring risk is limited in case of a false breakout. C. Target Projection The target price is measured using the height of the triangle added to the breakout level. Based on this calculation, the projected target is around 1.12838. 5. Conclusion & Trading Plan The EUR/USD pair has executed a clean ascending triangle breakout, signaling further bullish movement. The trading plan suggests: ✅ Entry: Buy after breakout confirmation or retest. ✅ Stop Loss: Placed below 1.07276 for risk management. ✅ Take Profit: Targeting 1.12838, based on the pattern’s height projection. This setup presents a high-probability long opportunity in a trending market, with proper risk management to protect against potential reversals.
Long
by GoldMasterTrades
Bullish Setup on AUD/USD – Are You In?Hi traders ! , Analyzing AUD/USD on the 1H timeframe, spotting a potential long entry : 🔹 Entry: 0.62851 🔹 TP: 0.63934 🎯 🔹 SL: 0.61863 🔻 AUD/USD is respecting the lower boundary of the ascending channel and bouncing off support. If this trend continues, we could see a push toward 0.63934. RSI is neutral, leaving room for further upside. ⚠️ DISCLAIMER: This is not financial advice. Every trader makes their own decision.
Long
by FXOnTop
BTC/USDT 4H Chart Analysis 🚀 BTC/USDT 4H Chart Analysis 🏆 🔍 Market Overview: Bitcoin (BTC/USDT) is currently testing a key support zone. A confirmed breakdown could open the doors for a bearish move, while a bounce could lead to a recovery attempt. 📌 Key Observations: 🔶 Important Resistance (🟠 82,743.59 USDT) 🚧 This level has acted as a strong resistance zone. A breakout above this could trigger bullish momentum. 🔵 Crucial Support (81,633.22 USDT) 🛡️ Holding above this level is important for buyers to prevent further downside. ❌ If BTC confirms a close below this support, it could signal a continuation of the downtrend. 📊 Moving Averages (7, 25, 99 SMA): 🟡 Short-Term SMA (7): Price is testing this moving average. 🔵 Medium-Term SMA (25): Turning into potential resistance. 🟢 Long-Term SMA (99): Still bullish but flattening out. ⚡ Trade Triggers: ✅ Long Trigger (📈💰) - If BTC breaks above 82,743.59 USDT with volume → 🚀 Buy opportunity! ❌ Short Trigger (📉🔻) - If BTC closes below 81,633.22 USDT, it confirms a bearish breakdown → 🏴‍☠️ Short setup active! 📢 Trading Strategy: 💎 Bullish Plan: Wait for a breakout above 82,743.59 USDT with strong volume → 🎯 Target: 83,500+ USDT. ⚠️ Bearish Plan: If BTC breaks below 81,633.22 USDT, expect a drop towards 79,986.83 USDT, with a final target at 78,445.12 USDT. 🔥 Final Thoughts: Bitcoin is at a decision point! 🎯 A breakout could push BTC higher, while a breakdown signals deeper corrections. 📢 Watch volume for confirmation before taking a position! 🚀 🔔 Stay Alert & Manage Risk! 🎯
Short
by Alireza-Abedi
Gold may break support level and continue to decline nextHello traders, I want share with you my opinion about Gold. The price started to grow from the buyer zone between 2885–2905 points, forming a clean bullish impulse and entering a broadening wedge structure. During the uptrend, Gold made several rebounds from the support line and broke above the current support level at 3070, which later became a key point in the price structure. After reaching the resistance line of the wedge, the price turned around and began a downward correction. The decline brought it back into the support area between 3087–3070 points, but this zone has already failed to hold the momentum. Currently, XAU is trading below the upper boundary of the support area and showing clear signs of weakness. The breakout to the downside from the wedge structure has already taken place, and the price is starting to form a local pullback. I expect this pullback to be short-lived, followed by a continuation of the downward movement. My target for this move is the 2990 level, which aligns with the support line of the broadening wedge and serves as the next strong reaction zone. Given the failed rebound from resistance, the breakdown of the support area, and the structure of the broadening wedge, I remain bearish and expect Gold to continue declining toward TP 1 — 2990 level. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
2
CAD/SGD SHORT Investment Opportunity Hello everyone, I am Andrea Russo, a Forex Trader, and today I want to share with you a trading strategy that I am currently following on the CAD/SGD currency pair. This analysis is designed to help traders better understand the dynamics of this pair and optimize their trades. CAD/SGD SHORT Position Analysis I decided to enter a SHORT position on CAD/SGD at the level of 0.9460, with a profit target (Take Profit) set at 0.9405 and a stop loss at 0.9479. This setup was chosen after careful technical and fundamental analysis. Strategy Rationale Technical Analysis: The chart shows significant resistance around the level of 0.9470, which has rejected the price several times in the past. In addition, momentum indicators suggest a possible downside. Fundamental Analysis: Recent economic news points to weakness in the Canadian dollar against the Singapore dollar, making this SHORT position particularly attractive. Risk Management Risk management is key in any trade. With a stop loss of 0.9479, the risk is well defined and limited. The risk/reward ratio is favorable, with the potential for gains greater than losses. Trader Tips Monitor the Market: It is important to follow economic news and events that could affect the CAD or SGD. Adjust Strategy: If the market moves against the position, consider closing the trade or reviewing the stop loss and take profit levels. Discipline: Always stick to your trading plan and do not let emotions influence your trading. Conclusion This SHORT position on CAD/SGD represents an interesting opportunity for traders looking to take advantage of the current market conditions. Always remember to do your own analysis and trade with caution. Happy trading everyone! Andrea Russo, Forex Trader
Short
by Andrea_Russo_SwipeUP
Honestly, I don't feel like explaining, the chart says it all !!Tesla's price can drop below $200 and then have a good increase. 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!!
NASDAQ:TSLAShort
by CobraVanguard
Closing multiple orders with ProfitAs discussed throughout my Wednesday's session commentary: "Technical analysis: The Price-action was once again seen Trading below the #3,152.80 benchmark extended decline where Sellers should finally prevailed and dragg the Price-action more than #57 points downwards (as was announced on one of my remarks lately that Gold always prints #57 point decline once the local High’s rejects the sequence and delivers the eminent rebound). Gold is dangerously approaching again the Higher High’s trendline of the Daily chart’s wide Ascending Channel, way above the #MA50 (aswell on Daily chart, representing in the same manner the Long-term Support zone) in Overbought waters, however every pullback on Gold is accumulation zone for new Bullish cycle." First order I have engaged was Wednesday's Sell order (#3,132.80 - #3,111.80) and I have continued Selling every local High's throughout yesterday's session as I announced possible Selling correction ahead on Gold. Technical analysis: Gold delivered Selling extension as I announced however it would be best for Short-term Sellers to wait for area to be engulfed, as today’s session will most likely represent the crossroads for the next Week, taking in consideration that one can never foresee the sequence until when Fundamentally driven rises and upswing (such as current one) will last and how Gold will digest today's session NFP numbers. Lagging upswing sequence comforted Sellers on it’s Intra-day basis, as Price-action was close to the #2-Month Bottom. The Price-action has altered the downtrend fractal near the Daily chart’s Ascending Channel’s Lower zone, as discussed on my latest commentary, with current mentioned configuration above representing former strong #1-Month Resistance zone. As long as this holds, there are Higher probabilities to reach the Hourly 4 chart’s Higher High’s Lower zone again on Spot prices however touch may be completed Lower depending on the aggression of the current variance. Technically, Gold should ease the Overbought levels, but on such Fundamental landscape (Bull bias), both sides are equally probable unless #3,137.80 gets invalidated to the upside once again. After all, on the Daily timeframe, the pattern is an healthy Ascending Channel which just touched the Higher High’s trendline and has a limit just over current structure, my main point of interests (depending on the impulse of the wave started early last Week). Above the #3,137.80, Short-term Selling pattern is invalidated and the relief attempt may be accelerated towards the Hourly 4 chart’s #3,152.80 benchmark. My position: After excellent week behind me, I didn't had to Trade the NFP however I will as I do expect downside surprise on NFP which could skyrocket Gold upwards coupled with Powell's talks.
TVC:GOLDLong
by goldenBear88