GBPNOK at Key Support: Will It Surge to 14.04732?FOREXCOM:GBPNOK is trading at critical support zone that has historically led to strong bullish reactions. The recent price action suggests that this area may act as a base for a potential upward move.
A strong bullish candle has confirmed the setup, signaling potential upward movement toward the 14.04732 level. However, if the price fails to maintain this momentum or hold key support, the bullish scenario could be invalidated, opening the door for further downside.
What’s your outlook on this setup? Share your ideas or feedback in the comments below!
Supply and Demand
GBPNZD: Sell Opportunity After Support BreakOANDA:GBPNZD has broken a key support zone signaling a potential increase in bearish momentum. The price is currently retesting this broken support, which now serves as resistance.
If sellers confirm resistance at this level, I expect the price to move downward toward 2.15600, aligning with the bearish trend. On the other hand, a failure to hold resistance could indicate a bullish shift.
Traders should watch for bearish confirmation signals, such as bearish engulfing candles or strong selling volume, before entering short positions.
EURUSD 19/01/25
Here's the revised version without bullet points:
This week marks a special occasion as we celebrate the birthday of our head mentor!
Heading into the week, we maintain the same bias as last week: focus on the lows being taken out, while the highs serve as key entry areas. The game plan is straightforward. Look for a solid pullback to sell into the lows, or wait for the lows to be run and then target a pullback to current highs or newly formed highs yet to emerge.
Our bias remains bearish, so patience is key. Wait for a run on the highs before taking action. There’s no need to overcomplicate things—if you’ve been following Orion, everything is already in place.
Trade safely, trust Orion, and always stick to your risk management plan.
Alikze »» DOGE|Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
📣 BINANCE:DOGEUSDT
🟢 It is moving in an ascending channel that has had positive reactions to the trend line several times.
🟢 It is currently in the important area of 39 cents. If the price can stabilize above the 39 range, it can touch the nearby targets of 43 and 48 cents.
🟢 Therefore, by stabilizing in the 39 cents area, it will be able to break the supply area for the mentioned nearby targets.
💎 BINANCE:DOGEUSDT in the weekly timeframe:
💎Considering that in the weekly timeframe, Dogecoin has succeeded in breaking the triangle density, therefore, Dogecoin can continue its growth in this upward rally to the height of the triangle, which this growth from the golden area of the previous wave can touch the target of the previous major ceiling and the $ 1.2 range.
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Short trade
30min TF overview
Entry 4Hr
Structure Day
Tokyo to LND Session PM
Sat 18th Jan 24
11.00 pm
Sellside trade
Structure Day
Entry 4Hr TF
Sellside trade idea.?
Reason: Observing the premium (PD Array) a desirable price zone was reached and objectively seemed indicative of a sellside trade.?
Tokyo to LND session making a higher high.?
Target demand zone 30min TF
Entry 105459.5
Profit level 103155.0 (2.19%)
Stop level 105899.5 (0.42%)
RR 5.24
Short trade
Sell-side trade
SHIBUSDT
Sun 19th Jan 10.00 am
Tokyo Session PM
Entry 0.000021842
Profit level 0.000021127 (3.27%)
Stop level 0.000021978 (0.62%)
RR 5.26
15min TF overview
Reason: Observing price action since the 17th Jan 25 and reaching a pivotal supply level confirmed directional bias and as a continuation of sell-side dominance at this time
2nd trade-in session was executed for the record.
MOG Dip: An Opportunity You Can't Miss!I might be getting too greedy on MOG, but I see those equal lows intact and a chance to hit the weekly block a bit lower.
Maybe BTC will lend a hand if it breaks below 92k. I'm focusing mainly on positioning over the next month, so I'm being patient with the bids.
BYBIT:MOGUSDT
SHIB Awakening? Eyes on the ChartAlright, I know CRYPTOCAP:SHIB hasn’t been getting much love recently, and it’s clear it’s been lagging considerably compared to similar dog coins.
However, I do see an opportunity, maybe a bit early, as the weekly block that interests me the most is much lower. But it seems like it’s trying to find a bottom by defending the current low from the week of December 16th.
I’ll start bidding as close to 0.00002 as possible. BINANCE:SHIBUSDT
XAU/USD | Gold Price Liquidity Grab Analysis Timeframe: 4H
Key Highlights:
1. Liquidity Zone (LIQ): A significant liquidity zone is identified at the $2,732 level, as marked by the purple box. Price action shows signs of a liquidity grab, evident from the sharp spike above the zone before reversing.
2. Breakout Confirmation: The breakout above the previous resistance suggests a bullish intent; however, the failure to sustain above $2,732 indicates a possible fakeout.
3. Short-term Support: The smaller purple zone ($2,696 - $2,703) now acts as immediate support, providing potential opportunities for buyers to re-enter.
4. Potential Downside Risk: A break below $2,696 could open doors for a deeper correction toward the $2,688 level, or possibly further down to $2,513 if bearish momentum increases.
Strategy Insights:
Buyers: Consider waiting for a confirmed retest of the $2,703 zone for a potential bounce. Tight stop-loss placement below $2,688 is recommended.
Sellers: Monitor for rejection around the $2,732 zone. A reversal signal here could provide a shorting opportunity targeting $2,688 or lower.
Outlook:
Gold remains volatile, and traders are advised to watch key levels closely. A decisive move beyond $2,732 with volume could indicate further upside to $2,800 and beyond. Conversely, sustained rejection at resistance and a break below support could confirm a bearish trend.
Risk management is critical—trade wisely!
XAU/USD 20-24 January 2025 Weekly AnalysisWeekly Analysis:
Swing Structure -> Bullish.
Internal Structure -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024.
Price Action Analysis:
In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish Change of Character (CHoCH), indicated by a blue dotted line. Price's consistent upward momentum had positioned this CHoCH much closer to recent price levels as expected for weeks.
Now, for the first time since 23 November 2020, price has printed a bearish CHoCH. We are currently trading within a defined internal range.
Price is anticipated to trade down towards either the discount of the internal 50% Equilibrium (EQ), highlighted in blue, or the Weekly demand zone before targeting the weak internal high.
Note:
It is highly unlikely price will "crash" as many analysts are predicting. My view is this is merely a corrective wave of the primary trend.
Given the Federal Reserve's dovish policy stance alongside heightened geopolitical risks, market volatility is likely to remain elevated, influencing intraday price swings.
Weekly Chart:
Daily Analysis:
-> Swing -> Bullish.
-> Internal -> Bullish.
Analysis/Bias remains the same as analysis dated 01 December 2024
Price Action Analysis:
Price has shown a reaction from discount of internal 50% EQ. Currently price has been unable to target the weak internal high
Given the current internal range dynamics, price is expected to target weak internal high, priced at 2,790.170 However, considering the signs of a pullback phase on the Weekly timeframe, there remains a possibility of price printing a bearish Internal Break of Structure (iBOS). Price has yet to tap into Daily demand.
Note:
With the Fed maintaining a dovish policy stance and the continued rise in geopolitical tensions, we should anticipate elevated market volatility, which may impact both intraday and longer-term price action.
Daily Chart:
H4 Analysis:
-> Swing: Bearish.
-> Internal: Bullish.
Bias and analysis remains the same as analysis of 17 January 2025.
Price has finally printed a bullish iBOS in accordance with scenario one of my analysis dated 16 December 2024.
Price Action Analysis:
After bullish iBOS, we expect bearish pullback. First indication, but not confirmation of bearish pullback phase initiation is for price to print a bearish CHoCH. Current CHoCH positioning is denoted with a blue dotted line.
Price is now trading within an internal low and fractal high.
Intraday Expectation:
Price to indicate bearish pullback phase initiation by printing bearish CHoCH. This would also establish internal structure.
Note:
With the Federal Reserve's dovish stance and persisting geopolitical uncertainties, heightened volatility in Gold is expected to continue. Traders should proceed with caution and adjust risk management strategies in this high-volatility environment.
H4 Chart:
Coming WEEK is going to be very crucial !! As we can see NIFTY has formed more like a doji candle which shows signs of indecision but hasn’t yet tested our demand zone hence if this structure would have formed around our demand zone then we would have confirmed the trend REVERSAL but since the demand zone is yet to be tested, no aggressive buying position should be made unless this weekly candle is formed which could decide further coming trends so plan your trades accordingly.
US30 Big Selling Pressure on the wayHello Traders what's do think about US30 given suggestion in comments.
The observation US30 Donald Trump return to office as the 47thPresident of United states that could pressure on the US30 to move downward a selling trend. if you believe there will be downtrend pressure on US30 You may Eye on Target it could be useful to track market reaction or other Trumps policy and also related news in the Day if the price will Break from our levels then Next near support 42,050.00.
if you like this analysis please support my work like and fallow thanks for Love.
ETHBTC rock solid demand zoneLooking at ETHBTC we are 50% of the demandzone on the monthly timeframe.
Normally demandzones hold precise at 50% and bounce up from there.
As we can see buyers stepping in on the Daily timeframe.
All indicators line up perfectly.
- ETHBTC technical strong setup
- Trump pro crypto
- Alt season should start according to the cryto cycle
Prepare for beserk ETH moves
THE KOG REPORT - Weekly Quick update on the weekly chart:
As you can see price approached the red box on the swing and rejected giving us the move down we witnessed towards the end of the week.
We now have red box support below at the 2675-80 level which can be a possible extension level if they want to continue this move upside. We also need to monitor the red box above for the weekly break to confirm the move.
Please have a look at the KOG Report for the bias levels and targets together with the intra-day red box targets.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
JAN 19TH 2025 ANLYSIS /SENTIMENT
🔥 Futures Market Analysis: Friday Recap & Monday Domination Plan 🔥
Friday Recap (January 19, 2025): Crushing the Week 💪
Friday’s futures market wrapped up with some serious moves and setups for next week:
1. 📈 Equity Futures:
• S&P 500 E-mini climbed steadily, flirting with key resistance at 4,500. Bulls stayed in control, setting up for what could be a breakout week.
• Nasdaq Futures stole the spotlight 🚀, smashing through resistance as tech stocks carried the load. If you’re not watching this, what are you even doing?
• Dow Jones Futures cooled off as industrials and energy weighed down the index. Time to let the big dogs rest.
2. 🛢️ Commodities:
• Crude Oil Futures tapped the brakes (-1.3%) after a red-hot rally earlier in the week. The sell-off screams profit-taking, not panic. Watch for a bounce next week.
• Gold Futures hit a six-month high 💰—safe-haven buyers are loving inflation fears and global tension. It’s shiny for a reason.
3. 📉 Treasury Yields & Volatility:
• Bond futures relaxed, with yields dipping as traders priced in Fed softness.
• The VIX dropped as if it knew Monday would be quiet. But don’t let the low volatility fool you—big moves are brewing.
💥 Monday Outlook: Dominate the Holiday Gap 💥
With markets closed Monday (MLK Day), here’s how to stay ahead of the game:
1. Sunday Night Action (Overnight Session):
• Expect light trading volumes—perfect for quick volatility spikes.
• 🔑 Focus Areas:
• News from Asia & Europe could dictate overnight direction.
• Crypto futures (Bitcoin 🚀, anyone?) may provide early clues for risk appetite.
2. Tuesday Gap Risk:
• Big Gaps Ahead? With no trading Monday, markets could open Tuesday with serious energy. Gaps up or down will depend on weekend news—don’t sleep on this!
• Levels to Watch:
• S&P 500 E-mini: 🚧 Resistance at 4,500, support at 4,420.
• Nasdaq Futures: Ready to rumble between 15,800 (resistance) and 15,300 (support).
📅 What’s Coming Next Week?
💡 Tuesday: Flash PMI data could shake things up.
🔥 Thursday: Initial jobless claims—are we still #winning in the labor market?
💣 Friday: Core PCE inflation (aka: what the Fed really cares about). This will be the week’s mic drop.
Your Game Plan: From Crushing It to Kicking Ass 🔥
1. 🚨 Be Ready for Whipsaws: Low volume means traps are everywhere. Stay sharp, and don’t let the algos outsmart you.
2. 📊 Monitor Key Indicators:
• VIX: A spike = risk-off.
• Crude Oil: If it starts bouncing, it could set the tone for energy stocks.
3. 💪 Scenario Mindset for Tuesday:
• Bullish Setup: Earnings and macro optimism light the fuse.
• Bearish Setup: Bad news (or no news) throws cold water on the rally.
You’re not here to play nice. You’re here to dominate. So bring the heat Tuesday and make sure your strategy is locked and loaded. Let’s kick ass and take names this week. 💥
Let me know if you want me to tweak the energy or tone!
SCRT/USDT- BUY SETUP
BINANCE:SCRTUSDT
ENTRY : 0.3707 - 0.3877
🏓TARGETS :
✔︎T1 : 0.5068
✔︎T2 : 0.6321
✘STOP : 0.3313
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- pump candle low
2- volume profile valu area low
• Opposite side targets:
1- volume profile POC
2- liqudity above volume profile
💡Entry setup
1- reclaim pump candle low - VAL
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
ETH will shock everybodyWhen you are in the markets for a longer time you can see the mistakes people make over and over again.
To break it down:
So Trump tweeted his meme coin and now Solana is pumping and ETH is dropping. So people invested in ETH are getting unsure because look at the strong green candles of SOL and ETH looks like it's sliding away.
So now people are chasing SOL and suddenly ETH is nothing worth anymore. Well that's the receipe to get REKT and loose it all.
Fundamentally how can ETH be worth nothing? They have +20 year experience and grow organically to the level it's now. ETH is integrated with almost all platforms.
ETH is always the leading altcoin to start altseason is will now also.
Technically just because ETH is making some red candles doesn't mean it's a weak coin.
Actually the opposite, while SOL is pumping just because of a hype that's never good and will fallback to the real price. ETH is consolidating in a nice wedge and will breakout heavy in the coming weeks.
Then altseason is started don't miss the boat.
Analyzing Key Forex Patterns and IndicatorsAnalyzing the SPX500 chart reveals several key patterns and indicators critical for forex trading
1. Support and Resistance Levels:
Resistance Zone: The blue-shaded area around the 6,071 level is a significant resistance zone where the price has struggled to break through.
Support Level: The horizontal blue line at approximately 5,840 (labeled "SMS") represents a notable support level where buying interest has emerged in the past.
2. Swing High (SH):
The red horizontal line marked "SH" around the 6,077 level highlights a failed swing high, indicating a previous peak in price.
3. Price Movements:
There is a notable decline from the resistance zone around 6,020 to a low near 5,770, followed by a recovery towards the 6,000 level.
4. Volume:
The volume, indicated as "Vol 7.14K" at the top of the chart, provides insight into the trading activity during this period.
Potential Effectiveness of this Technical Signals:
Resistance Zone: If the price breaks above this level with strong volume, it could signal a bullish trend continuation. However, failure to break through may indicate a reversal or consolidation.
Support Level: Maintaining above this support level is crucial for a bullish outlook. A break below could signal a bearish trend and further downside potential which the break has occured.
Swing High (SH): The swing high at 6,020 serves as a reference point for potential resistance. Approaching this level again will be a key area for observing either a breakout or a reversal.
These technical signals are effective in predicting market movements as they reflect historical price action and trader behavior. However, they may fail due to unexpected news, economic events, or changes in market sentiment that can cause deviations from historical patterns.
In summary, the chart offers valuable insights into support and resistance levels, swing highs, and price movements, which are essential for making informed trading decisions in the forex market.
Ethereum's Second Scenario (3D)Now, it’s worth taking a look at higher timeframes.
Regarding Ethereum's bearish scenario, as you may recall, we previously considered a large triangle for Ethereum, which remains valid and has not been invalidated.
However, the available data suggests that the scenario from this analysis is still valid as well. The strength of the bounce from the green zone to the upside will determine the next scenario, indicating that we need more data.
The market in higher timeframes, like the 3-day chart, is corrective. This is why traders in the 4-hour timeframe are facing a bearish trend. Support from Trump and the U.S. government for Bitcoin has also slowed down this correction, extending its duration.
In any case, the green zone could reverse the trend in the 3-day timeframe toward the red circle.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
The Solana "$Trump Pump" on its way to the Solana "$Trump Dump."Since the Friday launch of the official $Trump Meme Coin, both $Trump and Solana are literally "to the moon" in just a few hours. All I can say is with the inauguration just 48 hours away, this will be the most epic pump and dump in the history of Crypto. I'm sitting this one out. No telling whats going to happen, but its going to be fast and brutal whenever it hits.
A telling post from Coinbase Support on Reddit:
Poster: "How to cash out Trump coin from Coinbase wallet? It's giving 20k dollars to 2k when you swwp it to USD. "
Support: "Hi xxxxxxxxxxx, we're sorry to hear about the significant value difference when trying to cash out Trump Coin from Coinbase Wallet. Verify that there is sufficient liquidity for Trump Coin. Low liquidity often results in a wide gap between the token’s nominal value and the actual cash-out value. Instead of swapping the entire amount at once, consider breaking the transaction into smaller amounts. This can sometimes minimize slippage and get you a better overall rate.
If the problem persists, please contact our support team through the Coinbase Help Center for more detailed assistance."
Maybe there is a "safe" proxie trade on this, but I haven't found it yet.
Sit back and enjoy the show.