EUR/USD - Daily Market BreakdownHi all.
This is looking to be a pretty high probability idea for some potential trade setups, let me explain the Breakdown
Daily - Recent MSS, Key level, Over Sold RSI level. Firstly our Key level is a fairly big clue to look for some sort of Market Reversals. We have been in a Bearish movement now for almost 6 Months which also explains the weekly Oversold RSI confirmation. The MSS is also giving us a good confirmation with this strong market structure that we will get a bullish movement from the next Demand zone
4H - Once again with a Key Level we can see a very strong POI of which price is bouncing off now ALTHOUGH I personally do not like this level to buy from, Id like to see the market drop some more and respect the Demand zone after filling Imbalance
Speaking of Imbalance I have marked out 2 TP levels simply being HTF Imbalance areas on the Daily TF.
For a very safe trade Id be looking to take Bullish trade positions after taking out the recent Monthly High marked out.
For Entrys here im using demand zones on the 1H and Id like to see price continue on the Bearish momentum for a little longer before taking out the next Protected High.
Good luck to all the traders that follow this plan
Pivot Points
Gold's 3 x bullish major structural changes in 1 weekFor ease of viewing I have displayed only the major structural BOS & ChoCh on this 1Hr chart of XAUUSD.
The brown trail is a standard Bollinger band setting and price is captured only in the past week.
See the 1,2,3 on chart. 2 major Bos in price leadup during the past week. 1 major ChoCh on 30 January.
On the lower timeframe it's noted some bearish sentiment and breaks in structure but I also see that on the 1Hr chart that price has held the 50ema.
I expect price to find buyers around 2783 to 2787 around the 50ema on 1hr and the overall bullish sentiment will prevail.
See the Bear OB where selling started to occur Friday.
Did somebody say some selling?
Gold & silver are Not overbought and price will be looking to continue its ascent to 3000 very quickly imho.
XRP/USD Trade Update - Liquidity Grab & Potential Reversal I’m still holding my XRP/USD long position, but price recently broke to the downside from a wedge formation. Instead of continuing directly toward my TP, it’s now seeking engineered liquidity before making its next move.
🔎 Key Observations:
✅ Liquidity Grab: Price is dipping into a key liquidity zone, sweeping weak hands before a potential move back up.
✅ 30M Order Block: I’ve identified a demand zone around 2.8170, which could act as support for a reversal.
✅ Bullish Continuation? If price holds the 2.8170 area and reacts strongly, I anticipate a move back toward TP levels. However, if this zone fails, I’ll reassess my bias.
🎯 Plan Moving Forward:
📌 Watching the 30M order block reaction closely.
📌 If bullish confirmation appears, I expect a push back toward my TP.
📌 If invalidated, I’ll adjust my trade accordingly.
Let me know what you think—are you still bullish on XRP/USD? Drop your thoughts in the comments!
#XRPUSD #SmartMoneyConcepts #Liquidity #OrderBlocks #Forex #CryptoTrading
Bless Trading!
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
__________________________________________________________________
❤️ If you find this helpful and want more FREE forecasts in TradingView,
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 BOOST button,
. . . . . . . . . . . Drop some feedback below in the comment!
🙏 Your Support is appreciated!
Let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
BTC Monthly Camarilla PivotsBtc had a good monthly closure. In my point of view (and based on february generally being a bullish day for crypto historically) We are more likely to see a bounce from either the L3 or even just from the central purple pivot point were we are now (that is the most optimistic level) The projected ranging levels are L3 and H3 so those generally provide a good swing from one to the other. However because Feb is generally a bullish month I would advise caution IF we make to past the monthly H3. A break out from H4 to H5 in my opinion could be a lpossible explosive finish for this cycle. In the same vein be very careful if we fail to bounce off the purple pivot or the L3 on a daily close... that could mean a test of L4 of lower even. Good luck.
KAS Cycle Update 01/31- Completing the Feb to Beginning of MarchKaspa is about mid-way through its current 60-day cycle. As it did not show particular strength after the last cycle low, I suspect it will chop around until the next daily cycle low (DCL), which should also be a Weekly Cycle Low (WCL).
To show that this year-long range has been an ACCUMULATION pattern rather than a DISTRIBUTION pattern, Kaspa has to stay above 0.10 and DEFINITELY not lose the lower box.
Invalidation of a distributive top will be confirmed if it breaks above the most recent blue trendline.
From the longer trendlines (the strong red below and the upper blue), Kaspa is currently in a compression wedge.
The next DCL/WCL should be telling. If Bitcoin (still the king) can show some strength (it is also coming up on a DCL/WCL), Kaspa should follow, and the next DCL/WCL, when confirmed, should be a great entry point for a long.
The yellow path is my current expectation of Kaspa's path (bullish bias).
Thanks, Uncle Camel (CamelFinance,) for the insights on cycle theory.
GBPCHF - 13 Jan 2025 SetupGBPCHF Market structure are now in a bearish mode. Spotted suply area (Red Rectangle). its the extreme supply area that breaking down and negate the bullish market structure. and theres also support become resistance on that area.
Entry Position : Short
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly above supply area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
EURCHF - 21 Jan 2025 SetupEURCHF Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). the demand area are the area that breaking new high so it can be great area.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
NZDJPY - 22 Jan 2025 SetupNZDJPY Market structure are now on a Bullish mode. Spotted demand area (Green Rectangle). its the first demand area after the price breaking bearish structure.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
GOLD - 22 Jan 2025 SetupGOLD Market structure are now on a Bullish mode. Spotted nearest demand area (Green Rectangle). its avery good demand structure that breaking a new high from last week.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
EURAUD - 28 Jan 2025 SetupEURAUD Market structure are making N pattern on the market structure with strong bullish rally. Spotted demand area (Green Rectangle). its a very good demand area structure after the price creating a higher high.
Entry Position : Long
Profit Target : 1:3 Shown on the chart image (Green Line)
Stop Loss : Slightly below demand area (Red Line)
Follow me if u guys making any gains from this idea.
Thanks
Coffee Trade Team
Oil looks good to longGreat opportunity for longs on OIL, I expect the retracement to at least 0.5 of the correction we received on this asset, we have taken the liquidity below the previously formed equal lows which have appeared before the impulse movement as well as tested the daily imbalance formed prior to the run up higher, lots of liquidity on shorts resting higher which is likely to be taken, probably not this week but I anticipate the start of the next month which is February to be bullish for Oil at least in the context I have described
GBPCAD is ready For a BuyHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today GBPCAD analysis 👆
🟢This Chart includes_ (GBPCAD market update)
🟢What is The Next Opportunity on GBPCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
AUDUSD buying Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity onAUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
CAD/JPY - A perfect entry towards the demand zone!Hi guys we are going to take a look at a great set up in the eyes of CAD/JPY.
So far we had a strong drop which targeted the lower support area which found some resistance which givesd us an indication that we would rebound from this point onwards.
We can see the strong support area at 106.800
Also we can see the strong demand zone which is going to be our target area at 108.500
And we can see a weak bottom at 106 area
Simple Technical analysis here.
Entry: 107.250
Target 1: 107.830
Target 2: 108.500
SL: 106.500
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
$BABA Potential Bullish Reversal, (Daily TF)12/25/2024
Alright, I know there's a lot here so let me know if you have any questions and I'll do my best to answer. This is for educational purpose only.
1. Price dropped 18% ($101 -> $82.64) in 15 days.
2. Triple resistance on Tue, Nov 19 & Fri, Nov 29 & Tue, Dec 17 @ ~$87. Resistance zone between $86.70 - $87.75.
3. Bearish Fibonacci (Dec 9 - Dec 20). Anticipate sideways movement around 0.382 ($86.44), 0.5 ($87.91) and 0.618 ($89.38).
4. The light-brown boxes and light-brown line highlight the potential movement of price.
--------------------------------
$85.52: Current price
$85.00: Next bearish price target
Bullish Resistance Points:
$86.44 - 0.382 Bearish Fibonacci (potential daily sideways movement)
$87.00 - Resistance zone
$87.60 - Previous Weekly High
$87.91 - 0.5 Bearish Fibonacci (potential daily sideways movement)
$89.38 - 0.618 Bearish Fibonacci (potential sideways movement or reversal)
$91.44 - 0.786 Bearish Fibonacci (potential reversal)
$90.56 - $91.83: Bullish Gap to be filled
-------------------------------
Currently in a play: NYSE:BABA 21 MAR 25 110c @ $1.24
Currently up 5% (@ $1.31).
Profit Target: $2.24 (contract price)
Stop Loss: n/a (manually monitoring for now)