AUDUSD Price ActionHey traders! It's the last trading day of the week, so let's dive into some analysis on this pair.
We can see that price has grabbed liquidity on both the upside and downside. At the top, a new supply zone has formed, sweeping liquidity from the previous supply zone. On the flip side, there's also a demand zone where liquidity has been collected.
Right now, we’ve got internal liquidity on both sides, making this a solid area to look for trade opportunities. Aim for a 1:3 to 1:5 risk-to-reward ratio—stay disciplined and don't get greedy! Risk management is key.
Wishing you all a profitable day and a great weekend—use it to refine your analysis and come back stronger next week! 📊🔥 Happy trading! 🚀
Priceaction
2025-03-13 - priceactiontds - daily update - nasdaq futuresGood Evening and I hope you are well.
comment: Bulls can’t get anything going that’s not sold heavily. I can’t see this not closing at the lows tomorrow. The target is obvious, 2024-09 low at 18867. The tight bear channel started at 22245. This selling without any meaningful bounce is so weird and overdone, it’s hard to grasp. We went from melting higher on literally any news to not being able to close green on a week where news were all in line or not bad. I can not take this as a W1 of a new bear market where my next target is likely 18000 for W3 and 16000 for W5.
current market cycle: trading range - only daily closes below 20000 mark the end of this bull trend
key levels: 19000 - 21000
bull case: Easy as pie to write. Bulls need anything above 19800. Anything below is much more likely to that we sell hard again, since it’s not stopping. Bulls can not trap any bears and are quick to give up on any selling pressure. Best for bulls would be to stay above today’s low and make another higher low above 19165. Weekly close above 19500 would surprise me big time.
Invalidation is below 19140.
bear case: Bears are really overdoing it. A 5-10% up move is around the corner I think. Next target below is the September 2024 low at 18867, which aligns somewhat with the current bear channel. The channel is the dominant feature right now, so trade it. My base assumption for tomorrow is another try by the bulls and heavy selling into the weekend. Would not be surprised if we close the week below 19000.
Invalidation is above 19600 but bulls need something above 19800 if they want further upside. 19600 is just the break of the bear channel.
short term: Can only be neutral for now. Having a bullish bias but bulls are not doing enough for now. I wait. 20k is my first target. Nothing changed. Selling down here is not for me.
medium-long term - Update from 2024-02-23: Will update this on the weekend. Bear trend has started.
trade of the day: Yeah. Globex printed the high of the day early and market could not get above it or 19600 for that matter. I thought a trading range day was much more likely and we had decent two-sided trading but bulls are running for the exists and just want out. 6 x 1h bars that struggled to stay above 19550 was the cue that we likely test down again.
Master Price Action Trading With Expedia Group StockExpedia Group NASDAQ:EXPE stock is dropping as expected. This decline highlights the importance of understanding supply and demand imbalances, particularly on larger timeframes like the monthly chart, which many traders often overlook. Ignoring these imbalances can lead to costly mistakes, as evidenced by the current bearish price action in $EXPE.
The strong imbalance at $195 per share is helping the stock price to drop as expected. We can see bearish price action being formed with room to drop much lower. There is room to reach the latest bullish impulse in the monthly timeframe.
Gold Update | $3k+ Then DumpSimilar to my last gold post we're tracking price using another method, parallel channels and Elliott Impulse Wave.
Price finished correction wave 4 and is now on impulse wave 5 that will take us to $3k+
I'm interested in long positions only working with a 30d - MA. This will help with entries and further price movement on the way up.
Gold (XAU/USD) at a Critical Level – Key Zones to WatchCurrently, there is mixed bias in the market. On the higher timeframe (D1), the candle is rejecting with strong momentum, indicating selling pressure. However, there is also a possibility that it is forming a bottom wick, which could lead to a rejection from key levels like 2930.
Key Observations:
If 2930 acts as support, we may see a bounce, leading to a potential upside move.
If 4H sustains below 2930, it could indicate further downside continuation.
Trade Setup: 30m
🔹 Buy above 2045 if price shows bullish confirmation.
🔹 Sell below 2030 if price sustains under this level.
📊 Waiting for price action confirmation before entering a trade.
GOLD UPCOMING TRADE SETUP To predict the changes and movement in the price of gold, I am currently analyzing the 30M time frame of gold. When the New York session opens, I will look for selling opportunities at my key selling levels. I won’t take any sell trades until the market hunts its buy-side liquidity. Let’s work together to conquer this trade and turn our dreams into reality.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
This is my analysis or prediction.
#XAUUSD 30M Technical Analyze Expected Move.
EURUSDEURUSD has gotten to the Daily OB where we are looking for possible reversal confirmations. And here on the 15mins - price has Changed Character and also confirmed with a new BOS, before the BOS, we can see how price has reacted, creating even more liquidity - equal highs close to our entry zone which is above 50% fib retracement. I am looking to short price from the 1.09048 zone targeting the 1.08416 zone where we have a possible roadblock for price to stop and continue the buys on the 1H TF, or sell all the way to the 1.06068 zone to facilitate a new buys.
GBPJPY Price ActionHello Traders,
As you can see, I have marked the liquidity levels on the left-hand side where a liquidity sweep has already occurred. Additionally, I have identified a new liquidity area where the price is expected to sweep next. I have also marked the take profit area.
Furthermore, you can see other liquidity levels, which I have highlighted with circles. This pattern is also known as the QM Pattern or Head & Shoulders (HS) Pattern .
Don't forget to manage your risk and protect your balance. Market structure repeats itself over and over again.
Wishing you all the best and happy trading!
Thank you.
2025-03-13 - priceactiontds - daily update - dax
Good Evening and I hope you are well.
comment: Bulls making higher lows and closing 4h bars at the highs. They need a 1h close above 22900 for more upside. Until the bear trend line is broken, bears are still in control though. 22600 is a bad spot to trade. Either wait for a bigger pullback or a breakout. We are currently inside the big bear channel and a smaller bull channel. Breakout mode and will likely see a bigger move over the next 1-2 days.
current market cycle: trading range - bull trend clearly broken now
key levels: 22000 - 24000
bull case: Bulls need a 1h close above 22900 and they should not let the market drop below 22500 again. That’s all there is to it. Wait for the breakout.
Invalidation is below 21900.
bear case: Not making more stuff up here. Bears need lower lows again and stay inside the bear channel. Below 22500 we likely sell off to 22300 or finally for 22000.
Invalidation is above 22900.
short term: Neutral around 22600. Watch the chart. Contracting range and 2 channels. Wait for better structure or clear breakout.
medium-long term from 2024-02-26: As much as I would love to see this 30% lower, it’s not happening anytime soon. Market will probably has to move sideways for some weeks before this could go down. Daily close below 22000 is needed to turn this neutral and end the bull trend-.
current swing trade: None
trade of the day: Yesterday I told you to be bullish. Bullish it was. 500 points.
EURCAD - Weekly Forecast - Technical Analysis & Trading IdeasOANDA:EURCAD
💡 Daily Timeframe:
As forecasted by 4CastMachine AI, The Euro also reached our TP7 at 1.5777 by breaking the resistance at 1.5156.
The broken resistance area will serve as our new support area and Buy Zone.
As long as this area is not broken down, there is a possibility of a resumption of the uptrend.
If the price enters our new buy zone with a corrective wave and is rejected from it, we will enter with buy trades.
💡 H4 Timeframe:
The bearish wave is expected to continue as long as the price is below the strong resistance at 1.5857
💡 H1 Timeframe:
The uptrend is broken, and price is in an impulse wave.
1.5729 support is broken now. It will act as a Resistance now!
Forecast:
Correction wave toward the Sell Zone
Another Downward Impulse wave toward Lower TPs
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NAZDAQ - Weekly Forecast - Technical Analysis & Trading IdeasNASDAQ:NDX IG:NASDAQ
Midterm forecast:
20796.85 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
Technical analysis:
A peak is formed in daily chart at 22254.20 on 02/18/2025, so more losses to support(s) 19337.48, 18815.60, 18313.47 and more depths is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (20554.38 to 20796.85).
We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (20554.38)
Ending of entry zone (20796.85)
Take Profits:
19901.88
19337.48
18815.60
18313.47
17841.19
16988.69
16247.08
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ForecastCity Support Team
2025-03-11 - priceactiontds - daily update - daxGood Evening and I hope you are well.
comment: Bears are clearly in control and we have two bear trend lines above us. One around 22600 and the bigger one around 23000. Bulls need to claim 22900 and bears obviously want 22k. Absolutely no idea what we get first. Buying volume increased big time at previous low around 22300 but overall market sentiment has to reverse. I can not see dax rallying 2%+ if us indexes stay at the lows. 22400 is the neutral price, so don’t trade it.
current market cycle: trading range - bull trend clearly broken now
key levels: 22000 - 24000
bull case: Bulls need to get back above 22800 if they want further upside. For now they have buy new lows and scalp. For bulls to reverse this, they would need to print a clear higher low and trapping late bears. Market can not rally, if we make lower lows the whole time. Not much for bulls here and it could be because they expect 22k to be hit and want to buy that.
Invalidation is below 21900.
bear case: Bears want to finally print 22000 again. last time we did was early February. Problem for them is, we are at huge previous support. Should you bet that the breakout will happen? Never. Wait for it to happen and join along and wait for a bounce to sell higher. Any bounce has to stay below 22600 and then we can continue down. Selling below 22400 is bad, no matter what. Bears remain in control until the current bear channel is broken.
Invalidation is above 23600.
short term: Neutral around 22400. Bearish above 22500 if we stall too much and bears come around again. If bulls stay above 22300/22400 and print a lower high, I will join them if us markets do the same. I expect a huge bounce soon.
medium-long term from 2024-02-26: As much as I would love to see this 30% lower, it’s not happening anytime soon. Market will probably has to move sideways for some weeks before this could go down. Daily close below 22000 is needed to turn this neutral and end the bull trend-.
current swing trade: None
trade of the day: Buying during the Globex session was fun and then selling above 22800 again, since it was resistance from yesterday. Where should you have sold? Market hit 22835 and then only printed lower highs for 7 15m bars. That was certainly strong enough to cover longs.
Bitcoin - Weekly Forecast - Technical Analysis & Trading IdeasMidterm forecast:
While the price is above the support 73777.00, resumption of uptrend is expected.
We make sure when the resistance at 91037.20 breaks.
If the support at 73777.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.
BITSTAMP:BTCUSD
Technical analysis:
A peak is formed in daily chart at 109588.00 on 01/20/2025, so more losses to support(s) 78180.00 and minimum to Major Support (73777.00) is expected.
Take Profits:
86499.57
91037.20
94505.46
98489.63
101430.12
105431.17
109932.89
115000.00
120000.00
125000.00
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130000.00
S&P500 -Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
5870.56 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
$S&P500
Technical analysis:
A peak is formed in daily chart at 6150.05 on 02/19/2025, so more losses to support(s) 5568.78, 5398.95, 5261.00 and more depths is expected.
Take Profits:
5677.80
5568.78
5398.95
5261.00
5122.47
4944.41
4800.00
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Have a successful week,
ForecastCity Support Team
MSTR | Back to 120s / Double Digits | FractalPrice action blew off to a high around $540 and since then closed back under the historical close.
The goal here is to see price action consolidate under resistance in the preparation for a major sell-off
To invalidate all of this I would like to see more of an accumulation pattern back above major resistance, but if we see an increase in aggressive selling then price will be hunting for at least $120.
Price action also looked a bit familiar to the 2021 sell-off with the same blow-off-top and a ABC pattern breakdown
After the C sell-off price retraced back to B and then finally flushed out back to major support
Current price action has pretty much done the first phase and we should expect some consolidation before the next big move.
DKNG | Back to $10Seeing how price action is weakening over time I could say that bears are looking to take over
Would like to see buyers pushup to local resistance to only selloff once again as we head towards $30 in which we will see a pullback trigger occur.
When the time is right we'll asses price action again to see if we get a straight drop or a full retracement back to ~40.
GBPJPY Key Support Retest – Potential Bounce or Break?I've been watching #GBPJPY on the 30-minute chart, and there's a strong support level around 189.91. The price has tested this level multiple times and bounced back each time, showing clear buying interest. Right now, it's retesting the same zone, and if it rejects again, we could see another push to the upside. I'm keeping an eye on this level for a potential long setup, but if it breaks below, further downside could be in play. Waiting for confirmation before making a move!