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GBPJPY DECSEDING CHANNEL TREND 📉 GBP/JPY Trading Analysis – 4H Timeframe 📈 GBP/JPY has been consistently following a descending channel, showing bearish momentum. The current market price is 188.615, with potential for further movement. A key entry level is identified at 187.300, aligning with technical support. The target area is set at 191.100, reflecting potential bullish reversal. EMA 50 serves as a crucial dynamic resistance in the 4-hour timeframe. If the price retests 187.300, it could provide a strong buying opportunity. A break above the descending channel may signal trend reversal. Risk management is essential, with a stop loss placed below 187.000. Bullish confirmation will be stronger if candlestick patterns support upward movement. Market sentiment and fundamentals should also be considered. A breakout above EMA 50 could confirm a bullish trend shift. Price action near key resistance levels will determine further movement. If momentum weakens, consolidation may occur before further upside. Traders should monitor volume and volatility for confirmation. Patience and discipline are key for a successful trade execution. #GBPJPY #ForexTrading #TechnicalAnalysis
Long
by professionalman088
2
AUDUSD BULLISH AUDUSD is currently in a bearish trend. However, a bullish divergence has formed on the RSI, signaling potential weakening of the downside momentum. I will look for a buy opportunity with a buy stop order placed above the most recent lower high (LH). The trade setup will be activated only if price breaks above the LH, confirming a possible shift in structure and validation of the divergence signal." Optional TradingView-style Idea Title: "AUDUSD | Watching for Bullish Reversal on RSI Divergence and LH Break"
Long
by razashabbir218
Gbpusd buyThis is a GBP/USD (British Pound/US Dollar) 1-hour timeframe technical analysis from FXCM, indicating a buy trade setup with the following details: 1. Entry Point: Expected around 1.26838, marked with an upward green arrow. This suggests a potential support level where buyers may step in. 2. First Target Level: 1.27673, indicating an initial resistance level where price could react. 3. Second Target Level: 1.28259, representing the final bullish target if the price continues to rise. 4. Market Outlook: The analysis suggests a bullish structure, with an expectation that price will pull back to the support level at 1.26838, form a higher low, and then push towards the resistance levels. 5. Price Action Strategy: The chart implies a pattern where buyers enter at support, leading to an upward momentum that could break through resistance levels. This setup signals a potential long (buy) opportunity, expecting GBP/USD to trend higher after a pullback.
Short
by MARK_STEVAN
Gold extending relief rally as expectedAs discussed throughout my yesterday's session commentary: "Quick update: Gold is Trading within Neutral waters and it is question now which side will prevail. I am in excellent position currently, Highly satisfied with my Profits without urge to Risk more on ranging market. Either #2,892.80 - #2,900.80 gets tested, or #2,852.80 benchmark. If Resistance zone rejects the Price-action, I will Sell Gold there on spot Targeting #2,852.80 benchmark once again. If however #2,900.80 gets invalidated, Short-term Bullish bias is restored." Technical analysis: Gold is currently being rejected just above the Higher High’s Upper zone trendline of the Hourly 4 chart’s Ascending Channel that started with the February #28 local Low's. Within that Channel, the Price-action (Xau-Usd Spot) always tested the Higher High's extension zone after strong local Bottom rejection, so assuming no further Fundamental news breakout (and DX doesn't make a new Low or Bond Yields (near #5-Month High’s) continue the rejection towards new Support break), I don't see why this Hourly 4 chart’s fractal won't get repeated. #2,922.80 - #2,927.80 would be a fair estimate and those who Bought Gold should start taking Profits there. If however #2,927.80 gets invalidated, that would be a Bull break-out call towards the #2,952.80 benchmark (small chances for Selling configuration then to develop subsequently). Gold is having Bullish sentiment due Trump's Tariff declaration where DX is taking strong hits with every Hourly candle and Gold benefits on the other side posing as an well known safe-haven asset. Regardless, I am expecting #3,000.80 benchmark extension on the Medium-term run, and market closing above #2,900.80 benchmark restores Short-term Bullish trend as I mentioned throughout my yesterday's session commentary. Do not expect any meaningful pullback and do not Sell Gold at all costs as long as DX is Trading on such disappointing numbers. My position: My #2,902.80 pending Buying order got triggered and is currently running in decent Profit.
OANDA:XAUUSDLong
by goldenBear88
UPDATE ON BTC BEARISH SENTIMENT BTC PLAYING OUT PERFECTLY! 🔥📉 FUNDAMENTALS DRIVE THE MARKET Bitcoin followed our analysis exactly as predicted—breaking out, retesting the key blue zone, and now continuing its dump. This move aligns with our technical outlook, but what fueled it? Fundamentals. 📊 Key Takeaways: 🔹 BTC pumped after news related to Trump’s stance on Bitcoin, showing how macro events impact price action. 🔹 Despite the temporary rally, the market respected our technical levels, confirming the power of combining fundamental & technical analysis. 🔹 My entry was based on the 4H timeframe, and now the trade is running in profit as BTC heads toward our target zone. My profit target has changes from 72k to 71,523 💡 Lesson: Fundamentals are the fuel that moves the market, while technicals show us the roadmap. Never trade in isolation stay updated on news that affects market sentiment! ✅ If you followed the trade, you can now move your Stop Loss to Break Even (BE) to secure profits and eliminate risk. You can check my previous Analysis on BTCUSD What’s your take on this move? Drop your thoughts below! 👇📉🔥
BITSTAMP:BTCUSDShort
by VENRAW
BULLS AND BEAR STRUGGLES Currently price is ranging on the daily FVG. This is one of the signs that I want to see on my points of interest because it is an indication according to my personal rules that price is not willing to continue and chances of respecting that level are high. We also have a 4hr FVG just above the Daily FVG. I'm anticipating price to wick into that 4hr FVG POI then have the daily candle's body close within the Daily FVG for a good confirmation of a sell program. I have POIs on the lower side of the chart which needs to be satisfied before resuming the buy program. But we'll know this once price starts moving. Don't be the liquidity guys. Have a pipful day.
ICMARKETS:XAUUSD
by Tineey_trader
Gold strong analysistoday i already asking you so market very very intrested now gold strong and market waiting for breakout. if market breakout 2921 to 2942 suddenly and again breakout 2942 to 2960 confirm. today gold market working day work completely now see the breakout and again trade okay. if market not breakout 2921 then back again 2900 to 2880, 2860, 2830 very very strong and all account washed so try my chart patterns and analysis and make good profits. thanks dear appericiate my analysis
OANDA:XAUUSDShort
by rgmfxkiller777
US30 Setup: 50% Fib & Imbalance in Focus for a Potential Short.The US 30 Dow Jones index is under pressure 📉 but is currently hovering around a significant previous support level. I’m watching for a retracement into a four-hour imbalance as a potential opportunity to go short. Additionally, I’m looking for the retrace to align with the equilibrium point, which is the 50% Fibonacci level of the current price swing from high to low 📊. For this trade, the price must stay within the imbalance zone and avoid breaking the high. If there’s a clear break of structure near the imbalance point of interest, I plan to sell 🔻. This is not financial advice. 🚨
THINKMARKETS:US30Short
by fxtraderanthony
#Bitcoin Update - 04.03.2025📢 Bitcoin Update – 04.03.2025 Bitcoin is moving like Dogecoin used to—where every tweet from Elon Musk pumps the price, only to dump soon after. Yesterday's price action proved it again. On Sunday, after Trump's tweet, BTC surged, but today, it has completely reversed. 🔍 Technical Perspective: Even though the move was fake, Bitcoin perfectly retested the yellow zone before dropping. It has now reached the black line, which represents a key retracement level on the daily bearish trend. 🚨 What's Next? ➡️ BTC could drop further to retest the lower yellow zone or reverse from here. 🚫 No buy trades at the moment. ✅ Sell trades can be considered, but stop-loss is a must! ⚠️ Market is highly manipulated by news, so trade cautiously! #Bitcoin #CryptoAnalysis #BTC #Trading
Long
by MoonTradingForecast
Why I Think GBPJPY Will Continue to Sell...Technical Analysis Hey Rich Friends, Happy Monday. I think GBPJPY will continue to sell this week. Here is what I am looking at: - The market is approaching a previous area of support. If it breaks below 188.830, there is a strong chance that it will continue to drop. This is a potential sell-stop entry. - The stochastic is facing down, the slow line (orange) is on top of the fast line (blue), and both lines have crossed below 20. These are strong bearish confirmations for me. - There is bearish confluence on higher time frames (4H, D1, W1) - I will be using a previous high for my stop loss, and previous lows as my TPs. Make sure you check the news and cross-reference your chart before copying trade ideas from anyone. Peace and Profits, Cha
Short
by MoneyMantraCha
GBP/JPY Tuesday Targets The chart provided is a 4-hour (H4) analysis of GBP/JPY (GJ), incorporating Fibonacci retracement levels, a projected bullish move, and potential daily targets. Below is a detailed breakdown with the inclusion of Fair Value Gaps (FVGs) and session theory for a more comprehensive outlook. --- Key Observations: Fibonacci Levels and Price Action: 1. Fibonacci Retracement Zone: - The 0.5 (190.420) and 0.618 (189.804) levels are highlighted as key retracement zones where price may pull back before continuing its upward trajectory. - Price is currently near 190.868, indicating it is within range to test these levels for support before a potential bullish continuation. 2. Projected Bullish Move: - A green arrow indicates an anticipated bullish move from the Fibonacci retracement zone toward the daily target at 193.059. - This projection suggests a higher low formation at the retracement zone, aligning with bullish market structure. Fair Value Gaps (FVGs): - FVG Identification: - The chart does not explicitly mark FVGs, but they can be inferred in areas where price has moved impulsively, leaving inefficiencies or untested zones. - A potential FVG exists between the 0.5 and 0.618 Fibonacci levels, where price may revisit to fill the imbalance before resuming its upward momentum. - Role of FVGs in the Setup: - The FVG within the retracement zone aligns with the expectation of a pullback to support levels, offering high-probability entry points for long positions. Session Theory: 1. Asian Session: - During the Asian session, price may consolidate or test the Fibonacci retracement zone as liquidity builds for the next move. - Watch for low volatility during this session, which could set up the pullback. 2. London Session: - The London session often brings increased volatility and directional moves. - A bullish breakout from the retracement zone could occur during this session, aligning with the projected upward move toward 193.059. 3. New York Session: - The New York session may provide additional momentum to extend the bullish move or retest breakout levels. - If price reaches near the daily target during this session, expect potential resistance or consolidation around 193.059.
Long
by BernerFX
XAUUSD: 3/3 Today's Market Analysis and StrategyGold technical analysis Daily chart resistance 2892-2930, support below 2850 Four-hour chart resistance 2876-2892, support below 2832 One-hour chart resistance 2876, support below 2860 Gold news analysis: Last Friday, gold technical pressure 2884 mark further ushered in a very weak unilateral adjustment downward trend, Asian, European and American markets successively under pressure to fall and fluctuate downward, the US market accelerated downward to break through the 2840 mark to reach 2832 and began to rebound, closing near 2860, closing with a decline for two consecutive trading days, short-term gold price encountered resistance at the 2950 mark ushered in a daily level adjustment, today's Asian market opened under the influence of weekend news, gold price quickly rushed up to pierce the 2876 mark, and then fell into a shock consolidation. Gold operation suggestions: Today's upper short-term resistance is 2876-2892. Any rebound before the daily level breaks through and stabilizes at 2892 is a short-selling opportunity. Pay attention to the lower low support around 2825-30. Overall, rely on this range to participate in high selling and low buying, and wait patiently for key points to enter the market. Sell: 2870near SL: 2875 Sell: 2892near SL: 2897 Use small size to control risk
TVC:GOLDShort
by ActuaryJ