14-04-25 USDJPY Pivot LevelHi team,
USDJPY pivot levels are set.
Watch out for break or bounce at these levels
Supportandresitance
Macro resistance became support BTCUSD 4hBTC 4h broke through the long term resistance. Has already retested and is currently on the way up. This line is now support.
Will it break through the second long term support line which became resistance or will we go down again? Time will tell.
SPY Trade Review – Potential Pop and Flop SetupI’m tracking a potential pop and flop scenario forming on SPY. There’s a setup for a possible 5.5% move higher, followed by the opportunity for a larger short of up to 15% toward final downside targets.
SPY and its key influencers, including the Magnificent Seven , are currently rebounding off significant support levels. This could allow for continued upside before running into major resistance.
As highlighted in the chart, we may see a further push higher of approximately 5.5% , taking us into the weekly/daily high support lost zone at $564 . If this level acts as firm resistance and price reverses, a break below $549.83 (our trigger for adding short exposure) could lead to a significant selloff.
Downside targets include:
- Target 1: $502
- Target 2: $476.30 (a potential new local low)
A daily or weekly close above $564.52 would invalidate this short setup.
This is a high time frame setup , but I’ve shown it on the 4-hour chart for greater clarity. Now we wait and see!
XAUUSD: Buy or Sell ?Hello everyone, let’s take a look at OANDA:XAUUSD and plan the latest strategy for this afternoon!
Currently, this precious metal is trading around the 3039 USD level, recording a 1.94% gain on the day.
The main driver of the rally comes from the news that the United States will impose tariffs of up to 104% on imports from China starting Wednesday. This decision has sparked concerns about a potential global economic recession, thereby boosting demand for safe-haven assets like gold.
In addition, the market is expecting the Federal Reserve (Fed) to begin a rate-cutting cycle soon, with over a 60% chance of it happening as early as May, and a projected five more rate cuts in 2025. This expectation is weakening the USD, further supporting gold prices. Although some Fed officials continue to deliver hawkish signals, concerns that tariffs could increase inflation remain and are putting pressure on the Fed's upcoming policy decisions.
From a technical standpoint, an effort to shift the trend has formed above the resistance of the descending trend channel, and price is now reacting near the key resistance level at 3055. A breakout and price consolidation above 3055 will trigger the continuation of the current upward move. A retest of the previous broken consolidation resistance at 3020 may also occur.
The market structure is fully bullish. A breakout above key resistance or a pullback to support levels will likely lead to the next phase of growth, but if the 3055 level is broken earlier than expected, it could eventually push this metal up to 3110.
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BNB Bulls Must Defend This LevelBNB is currently trading near a key support and resistance zone, a historically significant area that has acted as both supply and demand over the past few years. After reaching its all-time high (ATH) near $793, price has been gradually correcting, and is now approaching a critical point.
The 50-week EMA (Exponential Moving Average) is acting as dynamic support, and so far has played a strong role in providing bounce zones during corrections. This EMA is currently being tested once again, and price action around it will be crucial.
Just below this lies a major horizontal support zone around $415–$430, which previously served as a breakout base in 2023. If this area holds, BNB could see a rebound attempt.
Where will gold price go today?Hello dear friends, a new week has arrived, wishing you a lot of energy!
At the beginning of the new trading week, gold continues to extend its previous downward trend. The precious metal once dropped below the $3,000 mark but quickly regained some recovery, although it has not yet fully stabilized. Currently, the trading level is moving around the $3,027 area, marking a decline of more than 0.32% at the time of writing.
Regarding the outlook, global economic and political factors indicate an unfavorable environment for gold prices during this period.
Accordingly, this week, 16 experts participated in the Kitco News Gold Survey, and the results show that Wall Street has reversed its extremely optimistic view from the previous week. Five experts (31%) predict that gold prices will recover this week. Eight (50%) believe that gold prices will continue to decline. The remaining three (19%) think that gold prices will move sideways around the current low levels.
Meanwhile, the Kitco online survey attracted 273 retail investors to participate. Retail investor sentiment only slightly decreased compared to the previous week. A total of 167 people (61%) expect gold prices to rise this week; 70 people (26%) predict a decline; while the remaining 36 people (13%) think prices will move sideways.
What about you, what do you think about the gold price trend this week?
Solana’s Critical Support at $120 - Will It Hold or Break?Solana has been respecting its $120 support level for over a year, consistently bouncing back every time it tested this zone. However, the price is now once again hovering around this crucial level after a small bounce a couple of weeks ago. The key question remains: will Solana hold this support and rally again, or is a major breakdown coming?
Weakening Support: A Bearish Signal?
When a price level is tested repeatedly, it often weakens as buyers at that level get exhausted. The most recent bounce from $120 was notably weak, indicating that buying pressure might be fading. This could be an early warning sign that sellers are gaining control, increasing the probability of a breakdown.
The $75 Scenario: What If Support Fails?
If Solana fails to hold $120, the next major support level sits around $75—a price zone where significant demand previously emerged. A breakdown could trigger a sharp move lower as stop-losses get triggered and bearish momentum accelerates.
Key Factors to Watch:
• Volume & Strength of the Current Test – Is buying volume picking up, or are sellers in control?
• Market Sentiment & Macro Trends – Broader crypto market trends, Bitcoin’s movement, and macroeconomic factors could influence Solana’s direction.
• False Breakouts & Traps – Sometimes, a brief break below support is a shakeout before a strong reversal. A reclaim of $120 after a breakdown could signal a bullish trap for shorts.
Final Thoughts
While $120 has been a strong floor for Solana, repeated tests make it more fragile. If buyers fail to step in with conviction, a drop toward $75 becomes a real possibility. However, if bulls defend this level strongly, we could see another bounce, potentially setting up a reversal.
Thanks for your support.
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Gold returns to a sharp decline?Dear friends!
Gold has a downward trend today, with the current price fluctuating around 3,097 dollars. The main reason is due to the tax measures of U.S. President Donald Trump, which help clarify the market trend but raise concerns about economic recession, thereby boosting the demand for USD, leading to an increase in its value, which affects gold.
From a technical perspective, it is not advisable to buy at this moment, as the risk is high, and for selling, we should wait for the price to establish a clear trend.
At present, it is most worth waiting for consolidation on the basis of a downward trend, as the market will sharply hit important milestones that you can build your trading strategy upon.
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Gold at the Edge! Rebound or Breakdown?Hi Traders! 🚀 XAU/USD is testing a key trendline support—will it bounce or break?
🔹 Scenarios:
📈 Buy if it breaks above $3,010, with a stop loss at $3,008 and targets at $3,020 and $3,057.
📉 Sell if it breaks below $3,008, with a stop loss at $3,012 and targets at $3,000 and $2,985.
📊 RSI near oversold—potential bounce ahead! Keep an eye on the price action.
📢 Stay alert to economic news! High-impact events could bring volatility.
🔥 Smash that like button and show some energy! Let’s trade like pros! 🚀
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade at your own risk.
GBPUSD Week 13 Swing Zone/LevelsYour next trade could be the beginning of your success in Forex.
We’ve been performing exceptionally well so far, identifying key swing levels as always.
- Stop Loss (SL): Set between 10-15 pips from the 5-minute candle entry.
- Dynamic Take Profit (DTP): Adjusted based on price reaction to swing levels.
Let’s capitalize on the momentum!
#BROCCOLIUSDT is showing bearish potential SHORT BYBIT:BROCCOLIUSDT.P from $0.04545
🛡 Stop Loss: $0.04737
🕒 Timeframe: 1H
⚡️ Overview:
➡️ BYBIT:BROCCOLIUSDT.P is showing bearish momentum on the 1-hour timeframe after a significant drop from $0.06000 to the current consolidation zone of $0.4203–$0.4885.
➡️ The price recently tested the $0.04545 level (a possible retest of a broken support, now acting as resistance), which could serve as an entry point for a short.
➡️ The volume profile on the left shows strong buyer interest at $0.0325 (POC), which acts as a key support level. However, the lack of significant buying volume at current levels suggests potential for further downside.
➡️ The price structure remains bearish: lower highs and lows are forming after the drop.
➡️ The RSI (14) indicator on the 1H timeframe is presumably around 45 (based on price action), indicating neutral momentum with room for a downward move.
🎯 Take Profit Targets:
💎 TP 1: $0.04400
💎 TP 2: $0.04290
💎 TP 3: $0.04203
⚡️Plan:
➡️ Entry: Sell below $0.04545 after the 1-hour candle closes below this level to confirm the rejection from resistance.
➡️ Stop Loss: Set at $0.04737, which provides a 7% risk from the entry point and protects against a potential breakout.
➡️ Risk/Reward Ratio: From 1:2 (for TP1) to 1:5 (for TP3), making this trade attractive from a risk management perspective.
➡️ After the drop, the price has stabilized, indicating possible consolidation or accumulation.
➡️ Resistance zone: $0.04885 (upper boundary of the current range).
Technical Indicators:
➡️ The chart shows candles in red and green, reflecting bearish and bullish movements.
➡️ After the sharp decline, the price has formed lower highs and lows, but in recent hours, there’s an attempt at recovery.
📢 A price rejection below $0.04545 with increasing selling volume increases the likelihood of reaching the targets.
📢 The $0.04400 and $0.04290 levels may act as areas for partial profit-taking, so monitor price action in these zones.
📢 Risks: If the price breaks above $0.04885, it could signal a false breakdown and a potential reversal to the upside. In this case, consider reassessing the position.
📊 The decline in BYBIT:BROCCOLIUSDT.P aligns with cautious sentiment in the crypto market.
📊 As of March 20, 2025, BYBIT:BTCUSDT.P is trading around $90,000, showing signs of consolidation, which may pressure altcoins like BYBIT:BROCCOLIUSDT.P
BYBIT:BROCCOLIUSDT.P is showing bearish potential on the 1H timeframe.
⚡️A confirmed rejection below $0.04545 is your signal to act!
$IBM too hot, due for a chillHi, constructed a chart here showing many levels. I personally think NYSE:IBM will face some downside weeks to come. My trade plan is written in the idea box. The two lines that aren't labeled are 50ema and 50sma.
WSL
Charting the Path Forward: Key Levels to WatchPrevious Analysis: Successful Bullish Breakout
In our previous analysis, we identified a Falling Wedge pattern accompanied by bullish divergence, forecasting a breakout above 147.807. The price hit our target, confirming the bullish momentum and reaching key Fibonacci levels.
What’s Next:
Upon analyzing the chart, we observe that price has found support at 147.535 after a pullback during the American session. We anticipate the price to reach our first target, and after consolidation and a possible pullback, we expect to hit our second target near the upper line of the channel.
However, if the price declines from the first target and breaches support at 147.535, the next key support level is at 146.306.
Remember to follow your risk management strategies to protect your capital.
UsdJpy buy continuation Taking Yesterday's low as Inducement my point of interest is 149.034. I'm anticipating price to retrace back to that zone before pushing toward.
Kindly boost if you find this insightful 🫴
Alts- Will they drop further? (+name your alt)In my early February analysis on altcoins , I noted that while a bounce was likely after the sharp drop triggered by Trump’s initial tax remarks, the $1.3T level would act as strong resistance.
I expected another decline once this resistance was confirmed— which is exactly what happened, as the market reached that level and began to drop again.
After multiple tests of the rising trendline that began in October 2023, last week saw a breakdown, with price finding support just above $900B (an important level as we can see from the posted chart).
But was that the full extent of the drop?
In my view, we are far from being in the clear, and further declines seem likely. Technically, the rising trendline has been broken, and the recent rebound appears to be corrective rather than the start of a sustained recovery.
As long as the price remains below the $1.15T–$1.2T zone, I see a high probability of the market
breaking under 900B zone support and reaching $700B in the coming months.
The game plan is clear: DCA,accumulate, and let the market work!HKEX:2800
Breakthrough downtrend channel on last Sept2024 and W-Chart formed MACD Goldencross for bullish mode.
If enter now at 24.50
Target Profit 1 Level at : 30.70 (~25.3%)
Target Profit 2 @33.50; another ~9% (cumulative + ~36%)
Target Profit 3 : ATH
Continue to DCA and accumulate; you may wait for slight retracement to add position. 24.26
Time frame : 9-24months
It created higher hi recently for W chart.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
Follow your trade plan then zen with 📙 and 🍵 while waiting for profits to be reazlied.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage the trading buddies.
GBPJPY Trade Analysis**GBP/JPY 15-minute chart**
**Trade Analysis & Idea:**
📉 **Previous Downtrend**: The pair experienced a strong drop before finding support around **191.400**.
📈 **Current Recovery**: Price is now rebounding and trading above short-term moving averages (blue & red EMA).
🔄 **Resistance Zone**: The **192.000 - 192.200** area may act as resistance for further upside.
### **Potential Trade Setups:**
1️⃣ **Bullish Continuation**:
- If price **breaks & closes above 192.000**, we could see further upside towards **192.400 - 192.600**.
- A strong candle close above resistance would confirm bullish momentum.
2️⃣ **Rejection & Pullback**:
- If price struggles to hold above 192.000, a pullback toward **191.700 - 191.500** is possible.
- Look for **bearish candlestick patterns** (e.g., rejection wicks, engulfing candles) to confirm a short opportunity.
### **Risk Management:**
✅ Secure partial profits at key levels.
✅ Use **tight stop-loss** below **191.700** for longs or above **192.200** for shorts.
EURGBP - Approaching Key Resistance: Is 0.8370 the next target?OANDA:EURGBP is nearing a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past. This zone also aligns with prior supply areas where sellers have stepped in, making it a potential point of interest for those looking for short opportunities. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection wicks, bearish candlestick patterns, or signs of weakening bullish pressure, I anticipate a move toward the 0.83700 level. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for further upside. It's a pivotal area where price action will likely provide clearer clues on the next direction.
Just my take on support and resistance zones, not financial advice. Always confirm your setups and trade with a proper risk management.
AUDUSD – LONGAUDUSD – LONG
ENTRY PRICE - 0.62850
SL - 0.61800
TP - 0.64900
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Falling Wedge Breakout in Play? Key Levels to Watch!After analyzing the chart across multiple timeframes, we have identified a Falling Wedge pattern, signaling a potential bullish breakout. Additionally, bullish divergence is visible on most timeframes, reinforcing the likelihood of upward momentum.
Currently, the price is trading above a strong support level at 146.213, indicating a solid base. Our nearest resistance stands at 147.807—a breakout above this level could pave the way for further gains. The next key targets align with the 38.2% and 50% Fibonacci retracement levels, offering potential profit opportunities.
As always, stick to your risk management strategy to protect your capital. Stay disciplined and trade wisely!
The Steps to Identify Key Levels on Chart Scalping Opportunity)**The Steps to Identify Key Levels on Chart:**
1. **Support & Resistance:**
- Identify areas where the price has bounced multiple times.
- Based on your chart, key **support** seems around **2900**, while **resistance** could be near **2925-2930**.
2. **Trendlines:**
- Check if highs/lows are forming a triangle pattern.
- If lower highs and higher lows appear, it could be a **symmetrical triangle** (potential breakout).
3. **Moving Averages & Volume:**
- The **moving averages (EMA)** are close together, suggesting consolidation.
- Look for a volume spike near breakout points (above 2925 or below 2900).
### **Possible Chart Pattern Scenarios:**
- If price **breaks above 2925-2930 with volume**, it could be a **bullish breakout**.
- If price **drops below 2900**, it may confirm a **bearish breakdown** (continuation down).
- If price keeps bouncing between 2900-2925, it's likely **range-bound** (scalping opportunity).
Euro can rebound up from support line to 1.1000 pointsHello traders, I want share with you my opinion about Euro. Looking at this chart, we can see that a few days ago, the price entered a range, where it immediately broke through the 1.0425 support level, which aligned with the buyer zone, and then moved to the upper part of the range. After trading near this area for some time, the price dropped back to the buyer zone, reaching the support line before starting to rise again. Soon, the Euro broke the 1.0425 level once more and later exited the range, continuing its upward movement. Not long after, the price climbed to the 1.0805 support level, which coincided with a support area. It traded around this level for a while before breaking through it as well. Following that, the Euro reached the resistance line, reversed, and corrected back to the support area, where it found support again. Recently, it rebounded and started moving upward. Given this, I expect a further rebound from the support line and a breakout above the resistance line. Based on this scenario, my TP is set at 1.1000 points Please share this idea with your friends and click Boost 🚀
