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TradeCityPro | BCHUSDT Bitcoin Fork Ready to Hit New Highs?👋 Welcome to TradeCityPro Channel! Let’s dive in and analyze the Bitcoin fork, BCH, to understand why this altcoin is performing much better than the broader market and is being supported at higher levels. 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Time Frame In the weekly time frame, we see that BCH is in a much better position compared to other altcoins and continues to form higher highs and higher lows! After hitting the 707 resistance and getting rejected, we’ve been ranging in a large box. However, it’s fair to say that buyers have the upper hand in this box because, after touching the critical 268 support, we engulfed the previous three weekly candles and experienced a sharp move up to 424. Currently, we’re at a critical point: we could either form a lower high relative to the previous resistance or undergo a mid-term correction and re-enter after breaking 424! 📉 Daily Time Frame In the daily time frame, the situation is similarly favorable, and BCH is continuing its trend with good momentum. The formation of higher highs and higher lows provides a sense of calm to the uptrend. After the heavy decline in February, it was natural for us to enter a ranging period before forming a new structure. This happened, and after retesting the 268 support, we started forming higher highs and lows, with our first entry at the 345 level. Currently, after a rejection from 435, we’ve corrected to 386, which was a low-volume move, technically considered a pullback. If we see a supportive candle at this level, it’s a trigger for a buy, and breaking 435 will be the next trigger! ✍️ Final Thoughts Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities! This is our analysis, not financial advice always do your own research. What do you think? Share your ideas below and pass this along to friends! ❤️
Long
by tradecitypro
5
DOW JONES INDEX (US30): Your Plan to Buy Explained There is a high chance that US30 will resume growth soon. The index is currently testing a wide daily support cluster. My signal to buy will be a bullish violation and a candle close above 41920 minor horizontal resistance. A bullish movement will be anticipated at least to 42200 level then. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:US30Long
by VasilyTrader
2
STRUCTURE SHIFT OR FALSE BREAKOUT? MAJOR MOVE LOADING? EURUSD 22/05 – STRUCTURE SHIFT OR FALSE BREAKOUT? MAJOR MOVE LOADING? 🌐 MACRO OUTLOOK The market remains caught between dovish expectations and hawkish reality. While recent US CPI and PPI came in weaker than expected, Fed officials have refrained from confirming any imminent rate cuts, keeping the dollar resilient in the medium term. Meanwhile, the ECB’s cautious stance and ongoing inflation risks across the eurozone continue to cap euro strength. The divergence in tone between the Fed and the ECB adds to the short-term volatility and uncertainty around EURUSD’s direction. 📉 TECHNICAL ANALYSIS (H1 + H4 Timeframe) EURUSD has faked a breakout above the 1.1310–1.1320 resistance zone and is now pulling back to the key structure support around 1.1279 — a critical short-term level. 📌 Key Observations: Bearish engulfing candle formed on H1 after price rejected the upper zone → potential reversal signal. EMA 13 is crossing below EMA 34 → suggesting short-term downside pressure. A confirmed H1 close below 1.1279 opens room for deeper retracement towards 1.1234 (previous demand/FVG area). If momentum builds, we could see a broader correction toward 1.1148 in the coming days. ⚙️ TRADE STRATEGY FOR TODAY 🔻 PRIMARY SCENARIO – SELL THE RALLY Entry Zone: 1.1315 – 1.1318 (near FVG + fake breakout zone) Stop Loss: 1.1360 Take Profit Targets: → TP1: 1.1279 → TP2: 1.1234 → TP3: 1.1148 🔹 ALTERNATE SCENARIO – BUY SCALP ON STRONG REACTION Buy Entry: 1.1234 – 1.1230 (only with bullish M15 confirmation) Stop Loss: 1.1210 Take Profit: 1.1279 → 1.1300 🧠 STRATEGIC INSIGHT A D1 candle close below 1.1234 will confirm a structure break and likely initiate a deeper downward trend. On the flip side, if 1.1234 holds and US jobless claims disappoint later today, EURUSD may recover back to test 1.131x. Market sentiment is highly reactive — stay flexible and prioritize price action confirmation. 📌 FINAL THOUGHTS: EURUSD is at a pivotal point — either confirming a new downtrend or bouncing back within the current range. This is a trader’s market: clear key levels, disciplined risk management, and adaptive execution are essential. 📈 Follow for real-time chart updates, FVG mapping, and more daily trading setups. Stay smart, stay sharp. Risk management first.
Short
by MMFlowTrading
1
GOLD 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELSGOLD MARKET UPDATE 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELS – BIG MOVE AHEAD? Gold’s recent rally has paused as traders weigh the latest signals from the Federal Reserve. Despite geopolitical tensions and softer U.S. economic data, the Fed is sticking with a "higher-for-longer" interest rate policy, which has kept the U.S. dollar strong and put pressure on gold’s price action. 📉 However, the technical outlook suggests a different story. ⚙️ TECHNICAL ANALYSIS: Is It A Bearish Trap Or A Hidden Bullish Opportunity? Looking at the 1H timeframe, XAU/USD is consolidating after reaching a major Fair Value Gap (FVG) between 3328–3356. This zone reveals significant volatility and potential liquidity grabs, with two key FVG zones forming above and below the current price levels. There’s a potential bullish scenario if gold retraces to the 3250–3252 support zone, where strong trendline confluence and dynamic support are likely to drive demand. On the flip side, any rejection from the 3354–3356 SELL ZONE could initiate a bearish trend, pushing gold lower to test key structural support levels. 💹 TRADING STRATEGY FOR TODAY: 🔵 BUY ZONE Entry: 3252–3250 Stop Loss: 3246 Take Profit: 3256 – 3260 – 3264 – 3268 – 3272 – 3280 – 3300 – ??? 🔵 BUY SCALP Entry: 3277–3275 Stop Loss: 3272 Take Profit: 3280 – 3284 – 3288 – 3292 – 3296 – 3300 🔻 SELL ZONE Entry: 3354–3356 Stop Loss: 3360 Take Profit: 3350 – 3346 – 3342 – 3338 – 3334 – 3330 – 3320 🔻 SELL SCALP Entry: 3328–3330 Stop Loss: 3334 Take Profit: 3324 – 3320 – 3316 – 3310 – 3305 – 3300 🌍 MACRO INSIGHT The Fed’s hawkish stance continues to weigh on gold, but geopolitical uncertainty and ongoing de-dollarization trends maintain gold’s appeal. China, along with other central banks, is still actively accumulating gold, signaling that long-term bullish pressure remains intact. Keep an eye on U.S. data this week, especially PMI and jobless claims, as these could act as short-term catalysts for gold. 📌 KEY NOTES Volatility is increasing, so stay disciplined. Stick to your key levels and manage risk effectively. Patience and strategy will be key as the market moves in the coming days. Stay alert and trade wisely!
OANDA:XAUUSDLong
by MMFlowTrading
2
#NIFTY Intraday Support and Resistance Levels - 22/05/2025Today a flat opening is expected in Nifty. After opening, if Nifty sustains above the 24750–24800 level, an upside movement is likely towards 24850, 24900, and possibly up to 24950+, which will act as a strong resistance zone for today’s session. Any rally reaching this level may witness a reversal. On the downside, if Nifty starts trading below 24700, a major downside movement is expected towards 24600, 24550, and potentially 24500– levels in today’s session.
NSE:NIFTY
by TradZoo
USDCAD RETEST OR FRESH DOWNTREND? PRICE AT A CRUCIAL CROSSROAD!USDCAD 22/05 – KEY RETEST OR FRESH DOWNTREND? PRICE AT A CRUCIAL CROSSROAD! 🌐 MACRO BACKDROP: Canada’s CPI and Retail Sales have come in weaker than expected, signaling sluggish consumer demand and reducing the probability of near-term rate hikes by the Bank of Canada. Meanwhile, the USD is stabilizing, supported by steady U.S. Treasury yields after the Fed reaffirmed its “higher for longer” stance. Oil prices, a major driver of the Canadian Dollar, have shown no significant breakout, further weakening CAD’s bullish momentum. 🔍 TECHNICAL OVERVIEW (H1–H4 Chart): After hitting a key swing low at 1.3820, USDCAD is now retracing towards the 0.5 Fibonacci zone (1.3889 – 1.3913), which also aligns with: The 200 EMA resistance (red line) Previous structure rejection zone ➡️ This area is critical – it could act as a trap zone before price resumes downward or breaks to confirm a short-term bullish reversal. 📈 TRADE SETUPS: 🔻 SELL SETUP (HIGH PROBABILITY IF PRICE FAILS AT RESISTANCE): Entry: 1.3900 – 1.3913 Stop Loss: 1.3930 Take Profit Targets: 1.3884 → 1.3859 → 1.3847 → 1.3820 🔹 BUY SETUP (IF PRICE HOLDS ABOVE THE BASE ZONE): Entry: 1.3820 – 1.3823 Stop Loss: 1.3805 Take Profit Targets: 1.3847 → 1.3880 → 1.3913 ⚠️ STRATEGY NOTES: Be cautious during the New York session, as potential comments from Fed officials or crude oil updates could spike volatility. This is a textbook case of “reaction vs. continuation” at a Fibo cluster – stick to confirmed candlestick signals to avoid false breakouts. 📌 FINAL THOUGHTS: USDCAD is in a corrective rally after an extended decline. The 1.3913 zone is a key decision point. Sellers should watch for signs of exhaustion, while buyers can target short-term retracements if support holds at 1.3820.
Long
by MMFlowTrading
Gold Analysis – Can Buyers Push the Price Up to $3,350?OANDA:XAUUSD is trading within a clearly defined ascending channel, with price action consistently respecting both the upper and lower boundaries. The recent bullish momentum indicates that buyers are in control, suggesting a potential continuation to the upside. Price has recently broken through a key resistance zone and has now returned to retest it. If this level holds as support, it will reinforce the bullish structure and increase the likelihood of a move toward the 3,350 target, aligning with the upper boundary of the channel. As long as price remains above this support zone, the bullish outlook remains intact. However, failure to hold above this level could invalidate the bullish scenario and increase the likelihood of a deeper pullback. Remember, always confirm your setups and use proper risk management.
OANDA:XAUUSDLong
by LucasMgoldview
1
Gold Analysis – Key Sell Opportunity After Trendline Break | XAUGold has shown a significant rejection from the 3340–3350 resistance zone and broke below the ascending trendline. The price is currently retesting the breakout area around 3294, which may act as a new supply zone. Based on current market structure and liquidity behavior, a short position is now favorable. Trade Plan: Entry Zone: 3294 – 3300 Stop Loss: Above 3310 Take Profit 1: 3260 Take Profit 2: 3240 Market volatility remains high, and price may hunt liquidity toward the 3240 zone before a potential bounce. Monitor U.S. session volume and possible news catalysts.
OANDA:XAUUSDShort
by mmozafari1357
JPY Hits 2-Week High as Dollar WeakensThe Japanese yen strengthened to around 143 per dollar on Thursday, its highest in over two weeks, as concerns over the U.S. fiscal outlook pressured the dollar. Fears that Trump’s proposed tax cuts could add over $3 trillion to U.S. debt weighed on investor confidence. Japan’s Finance Minister Kato said he did not discuss currency levels with Treasury Secretary Bessent at the G7 summit. Domestically, core machinery orders surged 13% in March, beating expectations of a 1.6% drop, while May PMI data showed continued weakness in both manufacturing and services.
by ChartMage
Gold Completes A Correction Within Bullish TrendGold made another sharp leg to the upside in first half of April, even showed some accelerating price action away from the 3,000 level. This suggests it might have been part of wave three when looking at the Daily and 4-hour time frame, so there can be more upside within a much more extended impulse structure. Possibly already now after blue wave four consolidation shows first signs of a bottom near 3120. Notice that pullback from recent high is in three legs, while price recovered out of wave (C) channel, so looks like new recovery is in the cards.
SAXO:XAUUSDLong
by ew-forecast
USDJPY TRADE PLAN – MAY 21 BIG BREAKOUT AHEAD?USDJPY TRADE PLAN – MAY 21 | FED HAWKISH BUT YEN STAYS WEAK – BIG BREAKOUT AHEAD? USDJPY is entering a critical technical zone as the market weighs the Fed’s persistent hawkish stance against Japan’s passive approach to the Yen’s depreciation. After a strong rally, we are seeing a potential exhaustion with key levels in play. 🌍 MACRO CONTEXT: FED remains hawkish: Officials continue to support higher-for-longer interest rates to tame inflation → USD remains firm. Bank of Japan silence: No signs of FX intervention or rate policy shift, causing ongoing weakness in JPY. Risk sentiment neutral: Risk-off flows are muted; USDJPY remains trapped in a wide range – awaiting macro catalysts. 📊 TECHNICAL OUTLOOK (H2 CHART): Price is now correcting within a falling channel. Price broke below the MA200 and rising trendline, now retesting a key support zone at 143.77. The current range 141.99 – 144.71 is critical – a breakout from either end may dictate the next medium-term direction. 🎯 TRADE SETUPS FOR TODAY: ✅ SCENARIO A – SELL THE RALLY (PRIMARY BIAS): If price rejects 144.71: SELL ZONE: 144.70 – 144.71 SL: 145.10 TP: 143.77 → 143.30 → 142.50 → 141.99 → Key resistance area – price may trigger strong seller interest. ✅ SCENARIO B – SELL ON BREAKDOWN: If price breaks 143.77 and retests: SELL ZONE: 143.60 – 143.70 (post-breakdown entry) SL: 144.10 TP: 142.50 → 142.00 → 141.99 ✅ SCENARIO C – SHORT-TERM BUY (LESS FAVORABLE): If price reacts positively at 141.99 with bullish confirmation: BUY ZONE: 141.90 – 141.99 SL: 141.50 TP: 142.50 → 143.00 → 143.77 → Only take this setup if strong reversal signals appear. 🔑 KEY LEVELS TO WATCH: Resistance: 144.71 – 145.00 – 148.44 Support: 143.77 – 143.30 – 141.99 – 141.20 📌 FINAL THOUGHTS: USDJPY remains in a volatile consolidation zone, pressured by a hawkish Fed but lacking JPY strength. Watch for PMI data and Fed comments this week for directional cues. Until then, respect the current range and trade with discipline. 📣 Bias favors SELL from 144.71 unless buyers reclaim full control – trade the reaction, not the prediction!
Short
by MMFlowTrading
2
Forecast for #GALAUSDT📉 Forecast for BYBIT:GALAUSDT.P (1H TF) 🕒 Current Situation: The price is in a key decision zone near POC $0.01851, consolidating after a breakout from the Falling Wedge pattern. ➡️ The direction depends on the reaction to this area. ✅ Overview: ➡️ A Triple Bottom (Bottom 1-2-3) pattern is visible — a bullish signal. ➡️ Price broke out of the wedge and is now retesting. ➡️ Two scenarios remain: LONG if support holds or SHORT if it breaks. 📢 Bullish sign: candle wicks down + rising volume on bounce. 🧭 Watch price action and volume near $0.0185–0.0190. ************************ 📈 LONG SCENARIO - Conditions: Holding above $0.0190 Entry: BYBIT:GALAUSDT.P from $0.02020 🛡 Stop loss: $0.01986 🎯 TP Targets: 💎 TP 1: $0.02040 💎 TP 2: $0.02065 💎 TP 3: $0.02085 📍 Confirming bullish strength after wedge breakout. ************************** 📉 SHORT SCENARIO - Conditions: Break and close below $0.0185 Entry: BYBIT:GALAUSDT.P from $0.01800 🛡 Stop loss: $0.01825 🎯 TP Targets: 💎 TP 1: $0.01784 💎 TP 2: $0.01766 💎 TP 3: $0.01756 📢 Confirmation: high volume + multiple closes below POC. ⚠️ Losing $0.0185 reactivates the bearish structure toward $0.01700. 🚀 Conclusion: We are in a decision zone. 📍 Hold above POC = bullish setup. 📍 Breakdown = bearish setup. 📢 Wait for confirmation with volume and price reaction BYBIT:GALAUSDT.P
by MoriartyTrading
1
Sterling Extends Rally Amid U.S. Fiscal ConcernsGBP/USD extended its gains for a fourth consecutive session, trading near 1.3430 during Thursday’s Asian session. The pair’s upward movement is largely supported by continued weakness in the U.S. Dollar, following Moody’s downgrade of the U.S. credit rating from Aaa to Aa1, in line with earlier downgrades by Fitch in 2023 and S&P in 2011. Moody’s cited projections that U.S. federal debt could surge to 134% of GDP by 2035, up from 98% in 2023, with the budget deficit potentially widening to nearly 9% of GDP. Key concerns include rising interest payments, growing social expenditures, and weakening tax revenues. The first critical support for GBP/USD is seen at 1.3450 and the first resistance is located at 1.3250.
by ChartMage
Euro Extends Rally Ahead of PMI DataEUR/USD trades near 1.1340 during Asian hours, close to two-week highs, extending gains for a fourth session ahead of Eurozone PMI data expected to show improved growth for May. The U.S. dollar remains under pressure as markets await Thursday’s S&P Global PMI. Moody’s downgraded the U.S. credit rating to Aa1, matching earlier cuts by Fitch and S&P, citing rising debt, projected to reach 134% of GDP by 2035, and a nearly 9% deficit. Trump’s tax-cut plan cleared the House Rules Committee, but the DXY still trades lower near 99.50. The key resistance is located at 1.1390, and the first support stands at 1.1260.
by ChartMage
CESC Ltd – Short-Term Breakout Idea|Target: ₹171.00 CMP: ₹165.70 Recommended Buy Range: ₹164.50 – ₹165.00 Target: ₹171.00 🎯 Stop Loss: ₹161.50 🛡️ Timeframe: 15 min & 1H Risk-Reward: ~1.4:1 Type: Momentum Breakout / Swing Trade 🔍 Technical Analysis: ✅ EMA Cross (9/13) bullish crossover ✅ Price trading above EMA-26 ✅ RSI at 65 – bullish, not overbought ✅ BB %B around 1.0 – strong upper band breakout ✅ Volume spike supports the move Watch for a strong close above ₹167 to confirm momentum toward ₹171. For Education Purposes Only
NSE:CESCLong
by rmhetre15
Is EUR/USD continuing its uptrend from the 1.126 level?Hello everyone, it's great to see all of you again in the current trading session. Let’s discuss and launch a new trading campaign together! In general, EURUSD experienced a significant price increase yesterday, with a rise in price and a breakout above the 1.126 level. It is now trading at a new high of 1.132, the best gain at the end of April. So what are the reasons and factors that have driven this currency pair? Regarding the influencing factors: EUR/USD maintains a bullish trend during the first half of the week, approaching the important 1.1300 zone after a sharp sell-off of the US Dollar. Growing concerns about trade, along with new worries about the US economy, have added further pressure on the US Dollar. Regarding the new outlook for EURUSD: On the 1D chart, EURUSD is currently receiving strong support at the 1.126 – 1.127 level. A break below this level will lead to a significant price drop, while holding this level will lead to a price increase. Upon careful observation, we can see the pair has broken through the 1.126 resistance level. Both the short-term and medium-term outlooks show that the bullish trend is gradually strengthening. If the upward momentum continues, the next bullish targets for EURUSD will be 1.140 and 1.150...
Long
by LucasMgoldview