ES1!: Bearish bearish bearish, intra-day levels I feel like I want to be kind this week and share my levels just because so many people are being silly and trying to long a very clear sentiment shift.
Listen, I get it, it was bullish and then it wasn't.
The market makes things reality faster than the human brain and emotions can accept.
You need to be quick to change your tune guys or you're going to continue to sustain losses.
I have been doing this for too long and can come across as harsh to some, but I just don't have time for stupidity.
Market is bearish, until it isn't. Stop trying to get cute.
That said, I am expecting a bounce very soon, we statistically speaking should see a re-test of the ema 200 breakdown within the next few days, if not tomorrow.
The numbers on the levels in the chart represent the probability associated with hitting the levels as a %.
Stick to day trading IMO and play the levels/support and resistance.
Not advice and please please please be safe and use your brain, no your emotions.
Community ideas
Lingrid | GOLD bullish TREND Continuation PotentialOANDA:XAUUSD market tested the 2880 level as I anticipated yesterday. It formed a false breakout from the consolidation zone and moved higher, breaking above the 2900 level and by taking liquidity from below the range zone. Currently, the price is testing the midpoint of the consolidation zone, which typically acts as both support and resistance. Therefore, there is a possibility that the price may roll back, especially if upcoming news proves to be negative for the market. However, this seems unlikely given the current bullish momentum. Since the price has tested the zone below the consolidation zone, I expect it to aim for the zone above the consolidation zone and previous week high. My goal is resistance zone around 2935
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GOLD ROUTE MAP UPDATEHey Everyone,
PIPTASTIC day on the markets today with our chart idea playing out as analysed. Yesterday we had the break below 2901 bearish target, opening the first level of the retracement range at 2878, which just fell short by a few pips. This then provided the support for the bounce all the way into 2922 completing our Bullish target. We were able to take the ride up all the way from the retracement range, inline with our plans to buy dips
We are now looking for a lock above 2922 for a continuation or failure to lock will see price reject into the lower Goldturns for support and bounce, also keeping in mind the small gap left on the retracement range
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 30 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
BULLISH TARGET
2922 - DONE
EMA5 CROSS AND LOCK ABOVE 2922 WILL OPEN THE FOLLOWING BULLISH TARGET
2947
EMA5 CROSS AND LOCK ABOVE 2947 WILL OPEN THE FOLLOWING BULLISH TARGET
2968
BEARISH TARGETS
2901 - DONE
EMA5 CROSS AND LOCK BELOW 2901 WILL OPEN THE FOLLOWING RETRACEMENT RANGE
2878 - 2851
EMA5 CROSS AND LOCK BELOW 2851 WILL OPEN THE SWING RANGE
SWING RANGE
2820 - 2796
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for your likes, comments and follows, we really appreciate it!
Mr Gold
GoldViewFX
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains below the key resistance zone, experiencing choppy and range-bound movements since last week. As long as the price stays below this resistance level, we expect a potential decline towards the identified support levels.
A break below $2895 could increase selling pressure and open the door for lower targets.
What’s your outlook on gold? Do you think resistance will break?
Don’t forget to like and share your thoughts in the comments! ❤️
Will Solana drop 26% before finding support at $90?Hello and greetings to all the crypto enthusiasts, ✌
All previous targets were nailed ✅! Now, let’s dive into a full analysis of the upcoming price potential for Solana 🔍📈.
Solana remains in a downward channel, with a projected additional decline of at least 26% in the short term. A key support level at $90 is expected to be retested before any sustainable upward momentum can develop. The $100 mark serves as a significant psychological resistance, influencing market sentiment. Along the way, temporary bullish movements and short-lived green candles are natural fluctuations within the broader downtrend.📚🙌
🧨 Our team's main opinion is: 🧨
Solana is in a downtrend, likely dropping another 26% to retest $90, with $100 as key resistance, while brief upward moves are expected. 📚🎇
Give me some energy !!
✨We invest hours crafting valuable ideas, and your support means everything—feel free to ask questions in the comments! 😊💬
Cheers, Mad Whale. 🐋
How to Backtest a Trading Strategy on TradingViewBacktesting is an essential part of developing a profitable trading strategy. It allows you to test how your system would have performed in past market conditions before risking real money.
In this guide, I’ll walk you through the step-by-step process of backtesting using TradingView’s Bar Replay Tool and other key methods. By the end, you’ll be able to analyze and optimize your strategy for better results.
📌 Step 1: Open Your Chart & Select a Timeframe
The first step in backtesting is choosing the right chart and timeframe based on your trading style:
Scalping → 1-minute (M1) or 5-minute (M5) charts
Day Trading → 15-minute (M15) or 1-hour (H1) charts
Swing Trading → 4-hour (H4) or daily (D1) charts
Select the asset you want to test (stocks, forex, crypto, indices, etc.) and ensure there’s enough historical data available.
Enough available data in this chart:
⏳ Step 2: Activate the Bar Replay Tool
TradingView’s Bar Replay Tool lets you scroll back in time and simulate live market conditions. Here’s how to use it:
Click on the "Replay" button in the top toolbar.
Select a point in the past where you want to begin your test.
The chart will "rewind," hiding future price action.
At this stage, you’re looking at the market as if it were happening in real-time. This prevents hindsight bias, which is when you unconsciously adjust decisions based on already knowing the outcome.
Enable it here:
Then choose a point on the chart:
📈 Step 3: Apply Your Trading Strategy
Now, it’s time to apply your chosen strategy. This could be:
Indicator-based strategies (e.g., EMA crossovers, MACD signals, RSI divergences).
Price action trading (e.g., support/resistance levels, candlestick patterns, chart patterns).
Algorithmic or rule-based trading (e.g., entry and exit conditions based on technical indicators).
The strategies above are just some examples so make sure to use your own strategy.
Make sure to document your trade setup, including:
✅ Entry conditions (What triggers a trade?)
✅ Stop-loss placement (Where do you exit if wrong?)
✅ Take-profit target (What is the goal?)
✅ Risk-to-reward ratio (Is it worth taking the trade?)
Here is an example how to draw it out on your chart:
▶️ Step 4: Play the Market & Record Your Trades
Now comes the real testing phase:
Press "Play" or use the "Step Forward" button to move price action forward bar by bar.
When a trade setup appears, log it in a trading journal or spreadsheet.
Record:
Entry price
Stop-loss level
Take-profit target
Win/Loss outcome
You can use a simple Google Sheet, Excel or Notion template to track results. The more data you collect, the better your analysis will be later.
📊 Step 5: Analyze Your Results & Optimize
After backtesting at least 50-100 trades, it’s time to analyze the performance of your strategy. Here are some key metrics to review:
Win Rate (%) → How many trades were profitable?
Risk-to-Reward Ratio → Are your winners bigger than your losers?
Drawdowns → What’s the worst losing streak your system encountered?
Market Conditions → Did your strategy perform better in trends or ranging markets?
🚀 Final Thoughts
Backtesting is a crucial step for any serious trader. It allows you to:
✅ Gain confidence in your strategy.
✅ Identify weaknesses and make adjustments.
✅ Avoid trading systems that don’t work before losing real money.
However, keep in mind that past performance does not guarantee future results. After backtesting, it’s best to forward-test your strategy in a demo account before using real capital.
__________________________________________
Have you backtested your strategy before? What were your results? Let me know in the comments! 💬
THE KOG REPORT - UpdateEnd of day update from us here at KOG:
A decent day on Gold again where we managed to trade it in to the red box region, get a tap and bounce over the Asia session and a nice move upside completing the move shared, plus bonus pips for traders.
We now have crucial support at the 2907 level with resistance here at 2910. If we continue to hold the resistance we should see a pull back into support, it's that support level that needs to be monitored, if we fail to break it, we may see this tap into 2930-35 before any further RIPs.
As always, trade safe.
KOG
XRPUSDT: A Massive Move Is Coming – But Will It Be Up or Down?Yello, Paradisers! Are we about to see an explosive breakout in XRP, or is a deeper pullback lurking around the corner? Let’s break it down.
💎XRPUSDT has formed a falling wedge alongside a bullish divergence, signaling a potential upside move. Adding to the bullish case, we also see an inverse head & shoulders pattern forming underneath – a combination that significantly increases the probability of a breakout.
💎For a high-probability bullish confirmation, we need a breakout and candle close above the falling wedge.
💎That said, if price retraces deeper, we should be watching the major support zone for a potential bounce. A bullish I-ChoCH on lower timeframes will serve as the key confirmation for a reversal.
💎The invalidation level? If XRPUSDT breaks down and closes candle below the major support zone, this bullish setup will be completely invalidated.
🎖Stay sharp, Paradisers. The next move will decide everything! As always, discipline and patience will separate the winners from the crowd. Be strategic, trade smart, and wait for the highest probability setups.
MyCryptoParadise
iFeel the success 🌴
Bitcoin Teeters on $80K Edge: Will It Hold or Fold?Bitcoin is currently priced at $81,145, reflecting a volatile recovery after dipping to $78,000 recently. This movement comes amid a broader cryptocurrency market downturn, with the total market cap dropping 4.4% in the last 24 hours, dragging down major altcoins and fueling a cautious mood among traders. The lack of strong bullish momentum suggests Bitcoin may struggle to push higher unless market sentiment shifts significantly.
Technical Indicators and Key Levels
Technically, Bitcoin is hovering near a pivotal support at $80,000, a level with both psychological and historical significance. The price is trading below the 20-period moving average of around $81,500, signaling a short-term bearish tilt. The Relative Strength Index (RSI) at 45 shows neutral momentum, with no immediate signs of exhaustion in either direction. Resistance looms at $82,000, a barrier that previously halted upward moves. A decisive move above this level could spark optimism, but failure to defend $80,000 risks further declines.
Potential Scenarios and Trading Considerations
Two scenarios dominate the 1-hour chart. A hold above $80,000, followed by a break past the 20-period moving average, could pave the way for a push to $82,000, especially if volume picks up to validate the move. On the flip side, a drop below $80,000 might accelerate selling, targeting $78,000 or even $75,000, particularly if volume surges on the downside. Given the current volatility, traders should prioritize tight stop-losses and avoid excessive leverage to manage risks effectively.
Broader Context and Final Tips
Despite short-term uncertainty, Bitcoin’s long-term uptrend remains intact, as historical patterns suggest resilience over time. However, external triggers, like regulatory updates or economic data such as upcoming US inflation figures, could sway the market in either direction. Traders should monitor volume closely for confirmation of any breakout or breakdown and focus on how Bitcoin reacts at $80,000 support and $82,000 resistance. Staying disciplined, keeping risk in check, and adapting to real-time developments will be critical in this setup.
Note: Volume spikes are your cue, watch them to confirm any significant price action.
Bitcoin Tests Resistance: Will the CME Gap Get Filled?Bitcoin ( BINANCE:BTCUSDT ) continued its downward trend as I expected in the previous post , but over the past 12 hours , Bitcoin has started to increase from Potential Reversal Zone(PRZ) . The question is whether this upward trend will continue in the past few hours or not !?
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JOLTS Job Openings & Its Potential Impact on Bitcoin
The JOLTS Job Openings report will be released today, March 11 . It provides key insights into the U.S. labor market . This data can influence the Federal Reserve’s monetary policy stance , impacting risk assets like Bitcoin.
Potential Impact on Bitcoin :
Higher-than-expected job openings : Signals labor market strength, increasing the likelihood of Fed tightening → Bearish for Bitcoin
Lower-than-expected job openings : Suggests labor market weakness, increasing the odds of rate cuts → Bullish for Bitcoin
Historical Influence :
In previous months, JOLTS data has triggered volatility across financial markets, including crypto. For instance, a sharp decline in job openings last year led to a weaker dollar and Bitcoin rally. Conversely, stronger-than-expected job numbers have reinforced hawkish Fed expectations, pressuring Bitcoin.
I believe there's a higher probability that the JOLTS report will come in weaker than expected, which could lead to a short-term rally in Bitcoin and gold. However, if the report is stronger than anticipated, we might see temporary selling pressure in the market. What is your idea!?
Today's positive news was " Trump Plans Order to End Crypto Banking Restrictions ". In general, Trump's statements no longer affect the crypto market as much as before. Do you agree with me?
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Now let's take a look at the Bitcoin chart on the 1-hour timeframe and use technical analysis tools .
Bitcoin is moving in the Resistance zone($84,130_$81,500) and near the 200_SMA(Daily) .
According to Elliott Wave theory , Bitcoin has completed five down waves , and we should wait for the next up waves . One of the signs of the end of wave 5 is the presence of a Regular Divergence (RD+) between two consecutive valleys .
According to the above explanation , I expect Bitcoin to re-attack the Resistance zone($84,130_$81,500) after a downward correction and attempt to fill the CME Gap($86,400_$84,200) .
Note: If Bitcoin can move above $87,200, we can expect the start of an uptrend.
Note: We should expect a bigger drop if Bitcoin falls below $72,000.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC: Still Bearish and Lacking Hope for a Significant RiseBTC - Still Bearish and Lacking Hope for a Significant Rise
In our last analysis, BTC experienced a deep pullback, halting twice near the resistance zone of 90600 - 91600. Both times, BTC declined by 14.50% to 19.50%, even as the market anticipated a bullish wave.
Currently, BTC is holding strong, with the highest potential being a possible rise to 90600 before moving further down. The prospects for a movement above the 110K mark have significantly diminished.
Let's see what unfolds next.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Bitcoin - Bulls vs Bears: Who Will Win This Battle?Market overview:
Daily Timeframe
The daily chart is the foundation of this analysis, providing a macro perspective on Bitcoin’s current market structure. Price is trading between two critical zones, one acting as support and the other as resistance. These levels have historically played a significant role in Bitcoin’s price action, making them key areas to watch for potential breakouts or breakdowns.
Currently, Bitcoin has tested the lower support zone multiple times, showing that buyers are actively defending this level. However, each bounce has been met with selling pressure near the previous support-turned-resistance zone, which indicates indecision in the market. This price action suggests that Bitcoin is in a consolidation phase, where liquidity is building before a larger directional move.
There are two potential scenarios that will determine the next major trend:
Bullish Breakout:
If Bitcoin breaks above the resistance zone (the green-marked area on the chart), it would indicate a shift in market sentiment, with buyers taking control. This move would confirm that the recent downside movement was a temporary correction rather than a trend reversal. A clean breakout, followed by a successful retest of the level as support, would provide an ideal confirmation for a long position, targeting higher resistance levels.
Bearish Breakdown:
If Bitcoin loses the current support zone, it would confirm that sellers remain in control. A daily close below this level would likely trigger increased selling pressure, leading to a move towards lower support zones. In this case, a short position would be favored, with potential downside targets in mind.
Since price is still within this range, waiting for a confirmed breakout or breakdown is crucial before committing to a directional trade. Acting too soon, without confirmation, could lead to getting trapped in false breakouts or liquidity grabs.
4-Hour Timeframe – Liquidity Sweep & Bullish Reversal Signs
Looking at the 4-hour chart, Bitcoin has recently swept a major low, a move often associated with liquidity grabs. However, price did not close below this level, suggesting that the move was intended to trap sellers rather than initiate a true breakdown.
Liquidity sweeps occur when market makers push price below a previous low to trigger stop-losses and induce panic selling before reversing the price direction. This failure to break lower could be a sign that Bitcoin is gearing up for an upside move, but further confirmation is required.
1-Hour Timeframe – Key Level for a Bullish Breakout
The 1-hour chart further supports the bullish case, as it also shows a liquidity sweep of recent lows, similar to what was observed on the 4-hour timeframe. This confluence strengthens the idea that Bitcoin may be preparing for a move higher.
A key resistance level has been marked with a black line on the chart. This level represents the most recent structural high that must be broken and flipped into support to confirm bullish momentum.
Trading plan for a long position:
Break Above the Key High – Price must first move above the marked resistance level to signal strength.
Retest & Hold as Support – A successful retest of this level as new support would indicate that buyers are in control.
Entry for a Long Position – Once support is confirmed, a long position can be considered, targeting higher resistance levels.
If Bitcoin fails to break this level, the bullish thesis weakens, and attention should shift back to the daily support zone for potential bearish continuation.
Upcoming Bitcoin-Related News & Events to Watch
While technical analysis provides clear trade setups, macroeconomic events can heavily influence Bitcoin’s movement. Some key fundamental catalysts to watch in the coming days include:
CPI & Inflation Data (March 12, 2025) – Higher-than-expected inflation could negatively impact risk assets like Bitcoin, while lower inflation numbers could support a bullish breakout.
FOMC Meeting & Interest Rate Decision (March 20, 2025) – The Federal Reserve’s stance on interest rates will be crucial. A more dovish tone could provide a bullish tailwind for Bitcoin, while hawkish policy could lead to downside movement.
Final Thoughts
The daily range is the most critical structure to watch, whichever level breaks first will determine the trade setup.
The 4-hour liquidity sweep suggests potential bullish momentum but still needs confirmation.
The 1-hour key high must be broken and flipped into support before looking for long positions.
Macro events like CPI and Fed decisions could heavily impact Bitcoin’s movement.
__________________________________________
Thanks for your support!
If you found this idea helpful or learned something new, drop a like 👍 and leave a comment, I’d love to hear your thoughts! 🚀
Make sure to follow me for more price action insights, free indicators, and trading strategies. Let’s grow and trade smarter together! 📈
VETUSDT on the Edge – Is a Major Breakdown Coming?Yello! Is VETUSDT on the verge of a bigger drop, or could a reversal be in play? The price action is signaling a critical moment, and traders need to stay sharp. A major move is brewing let’s analyze the setup.
💎#VETUSD remains under strong bearish pressure, repeatedly rejecting from the descending trendline and key supply zone. Price is also trading below the 200 EMA, reinforcing the bearish momentum and signaling that sellers remain in control. Until VET reclaims $0.02695, the risk of further downside remains high.
💎The next major support level to watch is $0.02117, where a temporary bounce could occur. However, if selling pressure continues, VET is likely to push lower toward $0.01906, a historically strong accumulation zone. This level will be crucial either it holds as a buying opportunity, or we see deeper downside continuation.
💎For the bulls to regain control, it must reclaim $0.02695 and break past the supply zone. A sustained push beyond $0.025, combined with strong buying momentum, could indicate the start of a recovery. However, a true trend reversal will only be confirmed if NYSE:VET closes above $0.02695 and reclaims the 200 EMA, invalidating the bearish setup and signaling bullish strength.
Patience is key, Paradisers. The market rewards those who wait for confirmation instead of chasing every move.
MyCryptoParadise
iFeel the success 🌴
GBP/USD Double Top (11.03.2025)The GBP/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Double Top Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 1.2784
2nd Support – 1.2724
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BTCUSDT Major supports and resistances after FallWe were expecting this fall from 108K$ and now most of target almost hit:
Now we can expect maybe some range here for a while near 77K$ support zone and soon after that more fall is also expected or if the red trendline break to the upside then market is again bullish.
Major supports now:
A. 78000$
B. 72000$
C. 69000$
Major Resistances now:
A. 85000$
B. 89000$
C. 93000$
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
ADA Ready for PUMP or what ?The price has formed a Triangle on the daily time frame, and if it breaks out, it can drive the price up to around $1.5 .
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
The Official Start of Alt Season (Only Up For 217days)I dare to say that it’s the official start of alt season. Over the next 217 days, we are going only up...
ONLY IF WE HOLD THE LINE.
So, throughout this technical analysis (TA), you will see some very important charts that we need to hold the line on. If the line is broken, there is no alt season for me; the line in the sand will be drawn.
The main chart above is currently TOTAL2, which means the total crypto market cap WITHOUT BTC.
What you’re about to see here on these charts is nothing short of amazing. The chart on the left is my new secret weapon for knowing when alts have bottomed. As you can see, every time we hit the top of this resistance on this chart, it marks a major alt bottom. So far, it has been happening once a year since 2022.
As of this week, we have gotten the 4th hit.
The stars are once again aligning. Finally, once I see everything lining up, I know that there’s an extremely high chance that I will be correct. What are the chances that we hit the top of this resistance for the 4th time on the week of the Fibonacci time sequence you see on the main chart, which also happens to be the bottom of this diagonal support? Again, too many things are lining up here for me.
This time, the Fibonacci sequence I’m following failed to give us anything on the first two hits, but the third (2.618) showed a nice pivot, and the fourth (3.618) showed us the August 2024 alt crash, which is a very important date and event because it mirrored the COVID crash of the last cycle in many ways. So far, then, we have a 50% hit rate on this sequence. We shall see if this week’s Fibonacci count is the actual bottom and pivot of the year.
The most important date for me is the one after October 13th, 2025. This has very much piqued my interest because this is exactly when I think the altcoin market will top this year.
Why October? Well, if you take a look at my Bitcoin TAs, I think September 2025 will be the Bitcoin cycle top this year, and what normally happens is the altcoin market rallies 20–30 days after BTC has topped. Let’s take a look:
As you can see, Bitcoin topped in April 2021, and 28 days later, the alt market topped.
In the 2017 bull market, the same thing happened: Bitcoin topped, and 22 days later, the altcoin market topped.
My thesis for Bitcoin is that we are currently starting the final Wave 5 that will top in mid-September. As you can see, my Fibonacci time sequence has a hit on this timeframe, which is also 1,050 days from the cycle low—the exact length the last two cycles have taken from bottom to top. So if Bitcoin tops in Mid September 2025 its very much possible that 20-30days after that alt market will top which line up with Mid October !
The ascending triangle technical target is about a 5 trillion market cap at the 3.618 level, which is the Fibonacci level we topped out at last cycle.
Many of the greatest rallies have started at this RSI level.
The Wyckoff Spring indicator fired off for the third time in ETH history. This is a real-time signal; it has no lag.
Could this be the spring?
Conclusion
I’m 99% sure this is the bottom as long as this diagonal support is not broken. That’s the only condition here. If it holds, a V-shaped recovery is likely, and expect only up for 217 days.
Bitcoin - Please Just Listen To The Charts!Bitcoin ( CRYPTO:BTCUSD ) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Despite literally everybody freaking out about cryptos lately, big brother Bitcoin is still creating bullish market structure. During every past cycle we witnessed a correction of at least -20% before we then saw a parabolic rally. So far, Bitcoin is just doing its normal "volatility thing".
Levels to watch: 70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Hellena | GOLD (4H): LONG to resistance area at 2955 (Wave 3).As in the last forecast - I insist that the five-wave movement is not over yet. Therefore, I believe that the price will reach at least the resistance area at 2955.837.
The correction wave “2” is either already completed or will be completed soon.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Dollar Index(DXY) Rebounds from Key Support–Is a New High Cominghello guys.
Let's see what happened for us index and what will happen:
Uptrend Support:
The price has been respecting a long-term ascending trendline since 2011, indicating a strong bullish structure.
Recent price action suggests that the index retested this trendline and bounced off it.
Key Resistance & Breakout Potential:
The index is in a consolidation phase after reaching a local high.
If the price holds above the trendline and breaks the previous high (~13,250-13,400), it could trigger further upside movement.
The next potential target is near 13,500-13,800 based on historical price action and Fibonacci extensions.
-------------------------------------------------
Possible Scenario:
Bullish Case: If the price holds above the trendline and breaks the current range resistance, it could continue toward new highs.
Bearish Case: A breakdown below the 12,800 support level could lead to a deeper correction toward 12,400-12,000.
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Consequences of This Move:
For USD Strength:
A bullish continuation in the Dollar Index means a stronger USD, which could negatively impact commodities (gold, oil) and emerging market currencies.
Forex pairs like EUR/USD and GBP/USD could decline as the USD gains strength.
For Global Markets:
A weaker DXY (if the support breaks) would typically support equity markets and commodities like gold and Bitcoin, as a weaker dollar makes them more attractive.
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Conclusion:
The chart suggests bullish momentum, but confirmation is needed with a breakout above 13,250-13,400.
As long as the price respects the trendline and Fibonacci support, the uptrend remains intact.
Keep an eye on macroeconomic events (e.g., Fed rate decisions, inflation data), as they can impact this movement significantly.
Gold next move (expecting bearish move)(10-03-2025)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (10-03-2025)
Current price- 2904
"if Price stays below 2920, then next target is 2894, 2882 and 2860 and above that 2950"
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
NQ Long (03-11-25)NAZ is at U Turn #2 and third triangle Key Level. You would think we would see a bounce as we are 13% from ATH and 13% from 2024 Open Price. Follow KL's lower for support or look for any bounce 1st, then to stall and drop. NAZ has no strength and much of the prior strength (past few years) came in the O/N (overnight). BTD/FOMO's are on at the Tiki Bar on Spring Break. Just a classic pump/dump, they aren't even hiding it.
Bitcoin can fall to buyer zone and then start to growHello traders, I want share with you my opinion about Bitcoin. A while ago, the price entered a downward channel, where it immediately rebounded from the resistance line and dropped to the resistance level, which aligned with the seller zone. After that, BTC bounced back up, rising to the resistance line of the channel before falling to the support line. However, it quickly climbed back to the seller zone before continuing its decline within the downward channel. Later, the price reached the 99000 resistance level, reversed, and dropped to the support level, which coincided with the buyer zone. Eventually, it broke through this level, exiting the downward channel. After that, Bitcoin started trading within a triangle pattern, where it made a sharp upward impulse from the support line to the resistance line, followed by a correction to the 84400 support level. Recently, BTC rebounded from this level and attempted to grow but failed, and now it is trading near the support line of the triangle. In my view, Bitcoin could decline to the buyer zone, breaking out of the triangle pattern before beginning a new upward movement. Based on this, my target is set at 93000. Please share this idea with your friends and click Boost 🚀