GBPUSD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.25400 zone, GBPUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.25400 support and resistance area.
Trade safe, Joe.
Technical Analysis
#FARTCOINUSDT remains weak — expecting further downside📉 SHORT BYBIT:FARTCOINUSDT.P from $0.4570
🛡 Stop Loss: $0.4865
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:FARTCOINUSDT.P remains under selling pressure, forming a downtrend. The price is testing the $0.4570 level, which previously acted as support, but the market remains weak.
➡️ POC (Point of Control) at $0.5449 indicates the main liquidity zone, far above the current price. This suggests seller dominance, with major trading activity still at higher levels.
➡️ A breakdown of $0.4570 would trigger further downside, opening the way to $0.4350 – $0.4168.
➡️ The $0.4168 level is a key support, where buyers previously showed interest.
⚡ Plan:
➡️ Enter SHORT from $0.4570 after confirming a breakdown.
➡️ Stop-Loss at $0.4865, placed above the nearest resistance.
➡️ Key downside targets: $0.4350 and $0.4168.
🎯 TP Targets:
💎 TP 1: $0.4350
🔥 TP 2: $0.4168
🚀 BYBIT:FARTCOINUSDT.P remains weak — expecting further downside!
📢 The market structure remains bearish. Volume continues to decline, confirming the weakening buying interest.
📢 However, a short-term bounce at $0.4168 is possible. If significant volume appears at this level, a brief return to $0.4350 could occur, but the overall movement remains downward.
📢 BYBIT:FARTCOINUSDT.P is in a bearish structure, and unless $0.4570 is reclaimed, we are likely to see further downside movement. A short-term bounce at $0.4168 is possible, but the overall trend remains weak.
CHFJPY Potential DownsidesHey Traders, in today's trading session we are monitoring CHFJPY for a selling opportunity around 170.400 zone, CHFJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 170.400 support and resistance area.
Trade safe, Joe.
GbpChf buy idea Taking yesterday's (Wednesday) low 1.13111 as Inducement and using previous week (Wednesday) High 1.13057 as my point of interest. I'm interested in going long on GBPCHF.
This is just my insight you can check usdChf chart I posted my insight in the Mind section.
Kindly boost if you find this insightful 🫴
EUR/USD Bullish Rebound Strong Support SignalEUR/USD is trading at approximately 1.0430. Your target price of 1.0630 suggests an anticipated upward movement of 200 pips, indicating a bullish outlook as the pair rebounds from a strong support level.
Technical analysis indicates that EUR/USD has rebounded off multi-month trend support, with the pair now trading unchanged for 2025. This suggests that a breakout may be imminent, with key resistance levels to watch at 1.05 and 1.0573/87. A decisive move above these levels could pave the way toward your target price of 1.0630.
Fundamentally, the European Central Bank (ECB) has implemented five interest rate cuts since June, with the possibility of up to three more reductions this year. This monetary easing stance aims to stimulate economic activity within the Eurozone. In contrast, the U.S. Federal Reserve has adopted a more cautious approach, indicating no immediate plans for rate cuts despite persistent inflation. These divergent monetary policies could influence the EUR/USD dynamics, potentially supporting a bullish scenario for the euro.
In summary, the EUR/USD pair is exhibiting signs of a potential bullish breakout, supported by technical indicators and contrasting monetary policies between the ECB and the Federal Reserve. Traders should monitor key resistance levels and stay attuned to central bank communications to make informed trading decisions.
Thu 13th Feb 2025 EUR/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a EUR/AUD Buy. Enjoy the day all. Cheers. Jim
#NIFTY Intraday Support and Resistance Levels - 13/02/2025Today will be flat or slightly gap up opening expected in nifty. After opening if nifty sustain above 23050 level then only expected upside rally upto the 23250 level. This level will act as a strong upside resistance for today's session. Any bullish rally can give reversal from this level. Below 23000 level sharp downside expected in today's session.
Nightly $SPY / $SPX Scenarios for 2.13.2025🔮
🌍 Market-Moving News:
No additional significant news beyond scheduled data releases.
📊 Key Data Releases:
📅 Thursday, Feb 13:
🏭 Producer Price Index (PPI) (8:30 AM ET):
Forecast: +0.3% MoM; Previous: +0.2% MoM.
Forecast: +3.3% YoY; Previous: +3.3% YoY.
📉 Initial Jobless Claims (8:30 AM ET):
Forecast: 217K; Previous: 219K.
📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
#Bitcoin at a Crossroads: Is a Reversal or Just the Beginning?BYBIT:BTCUSDT.P is once again in the spotlight! The market is at a crossroads, and Bitcoin is deciding its next move. Recent weeks have shown volatility: sharp swings, battles for key levels, and attempts to hold critical zones.
💡 Key Metrics:
✔ Current Price: $95,472
✔ ATH: $109,356
✔ RSI: 45 – no clear overbought or oversold signals yet
✔ POC (Point of Control): $95,732 – we are near a major liquidity zone
🔥 What’s happening with #BTC?
Bitcoin previously tested the $102,000 area, but sellers took control and pushed the price down. BYBIT:BTCUSDT.P is now trading at a strong support level with high liquidity, making this zone crucial for future movements.
If BYBIT:BTCUSDT.P holds above $95,700, we could see a retest of $102,500 and higher. However, a breakdown below this level could lead to a move toward $92,000 or lower.
📉 Current Situation:
➡️ BYBIT:BTCUSDT.P continues testing the key $95,732 level, which serves as the POC (Point of Control) – the area with the highest liquidity and the most concentrated orders.
➡️ The price is consolidating at the lower boundary of the strong support zone $92,700 - $95,700. This level has held multiple times, but bearish pressure is increasing.
➡️ Resistance at $102,500 - $104,000 remains a crucial barrier for recovery.
⚡ Possible Scenarios:
📉 Bearish Scenario (Breakdown Below):
🔴 If BYBIT:BTCUSDT.P breaks and holds below $92,700, further downside movement is likely:
✅ Target 1: $88,000 – a previous area of strong buyer interest.
✅ Target 2: $84,500 – a critical support zone where a strong bounce may occur.
✅ If selling pressure continues, the next major support lies around $80,000.
📈 Bullish Scenario (Reversal Upwards):
🟢 If BYBIT:BTCUSDT.P holds above $95,700 and breaks $100,000, a strong upward impulse may follow:
✅ Target 1: $104,000 – the nearest key resistance.
✅ Target 2: $110,000 - $112,000 – an area where new local highs could be formed.
✅ A breakout above $115,000 would open the way for testing $120,000.
📌 Bitcoin is currently in a high-risk zone, where any move could trigger a strong breakout.
📌 For traders: Be cautious with short positions, as the $92,700 - $95,700 zone could induce a bounce.
📌 For long-term investors: Watch the price reaction at $92,700 – if this level holds, it may be a strong accumulation point.
📌 Risk Factor: If BYBIT:BTCUSDT.P breaks and consolidates below $92,700, bearish momentum could intensify, leading to further declines towards $88,000 and below.
🚀 # BYBIT:BTCUSDT.P is at a crossroads – be ready for a big move!
#BILLYUSDT remains in a downtrend signal📉 SHORT BYBIT:BILLYUSDT.P from $0.0036300
🛡 Stop Loss: $0.0036860
⏱ 1H Timeframe
✅ Overview:
➡️ BYBIT:BILLYUSDT.P continues its downward trend, testing the $0.0036300 level as a potential short entry point.
➡️ POC (Point of Control) at $0.0040257 indicates the highest liquidity zone, located significantly above the current price, confirming seller dominance.
➡️ The price failed to hold above $0.0038700, reinforcing the bearish scenario.
➡️ If the price breaks below $0.0036300, a further decline towards the target levels is likely.
⚡ Plan:
➡️ Enter short below $0.0036300, confirming further downside movement.
➡️ Risk management via Stop-Loss at $0.0036860, placed above the nearest resistance.
➡️ Primary downside targets:
🎯 TP Targets:
💎 TP1: $0.0034890
🔥 TP2: $0.0033642
🚀 BYBIT:BILLYUSDT.P remains in a downtrend — expecting further decline!
📢 BYBIT:BILLYUSDT.P is under strong selling pressure with no signs of buyer recovery.
📢 If $0.0036300 breaks with increasing volume, a move towards $0.0034890 – $0.0033642 becomes more likely.
📢 However, if the price rebounds above $0.0036860, the scenario may change.
TradeCityPro | ONDOUSDT Good Opportunity to Buy👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review one of my favorite projects that I plan to put in my spot portfolio and find its entry points together
🌐 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 Timeframe
In the weekly timeframe, it is one of the coins that has still managed to hold itself bullish and in the declines, its recent corrections have not yet fallen below the support of 1.2110, which is a good sign.
Also, it has corrected only two weeks after its listing and after the breakdown of the listed price, it has experienced a good move and Sharpe, which is also a good sign for this coin and this event has also caused a trend to form on this coin.
This upward trend, which we recently reacted to again, can help us a lot in the future, both in terms of reaction to it and in case of a breakdown of the trend line itself and any of the triggers on the chart can be a timely exit trigger for us in relation to the time of the breakdown.
To re-enter, we ourselves entered with a breakdown of 0.8456 and bought. For now, we continue to hold it. Our more reliable trigger is the breakdown of 2.0675. There is a risk trigger, let's also set a stop-buy with our previous weekly candle shadow and make our purchase with a stop loss of 0.8456
📅 Daily Timeframe
In the daily time frame, we are really in a better situation than the rest of the altcoins and we are fluctuating at a higher bottom than the rest of them, which still encourages me to be more bullish
The candle a few days ago that caused a drop in all altcoins led to a green candle and strong buyers' pressure in this coin, and it did not care about the corrections of a few days and it is in its range box
I myself will enter after the 1.6110 break and it is likely that the 2.0833 break will be sharp, so I will try to have a long futures position trigger or buy with this level, and with the ath trigger failure, I will simply raise my entry point and do nothing below 0.5683 for now I don't give
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
EURUSD - H4, H1 forecasts, Technical Analysis & Trading IdeasIntraday forecast
The downtrend is broken, and the price is in an impulse wave.
Forecast:
1- Correction wave toward the Buy Zone
2- Another Upward Impulse wave toward Higher TPs
SL: Below 1.0331
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SYN ANALYSIS📊 #SYN Analysis : Update
✅ Here we can see the price is around its major support zone. Falling wedge pattern is forming and 2 times bullish move from the same support point. We would see a good breakout soon and achieve our targets
👀Current Price: $0.4542
🚀 Target Price: $0.9700
⚡️What to do ?
👀Keep an eye on #SYN price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#SYN #Cryptocurrency #TechnicalAnalysis #DYOR
NZDUSD: High CPI and Potential DownsidesHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.56400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56400 support and resistance area.
Trade safe, Joe.
AUDJPY Is Recovering After The Wedge PatternAUDJPY pair is sharply and impulsively recovering after we spotted the wedge pattern, so it’s now rising in minimum three waves A/1-B/2-C/3 that can retrace the price back to the starting point of the wedge pattern and back to 99-100 area, especially if we consider an unfilled GAP at 98.35 level. Currently we can see it making a five-wave impulse into wave A/1, so after corrective pullback in wave B/2, be aware of a bigger rally within wave C or maybe even wave 3 if goes decisively above 100 area.
The ending diagonal (wedge) pattern is a special type of wave that occurs in wave 5 of an impulse or wave C of a correction. An ending diagonal pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlap in price, while wave 3 can not be the shortest amongst waves 1, 3 and 5.
The reason why they are so interesting is because they are indicating a reversal, usually a strong one, which can retrace the price back to the starting point of the pattern.
EURUSD - Analysis and Potential Setups (Intraday- 12.02.25)Overall Trend & Context:
The pair is in an overall downtrend on the higher time frames and we are now waiting for the lower time frames to shift in accordance with the narrative.
Technical Findings:
Price is at a daily level of supply (as well as refined zones down to the 15m & 5m)
LTF oversold conditions.
We could still see further upward movement so will wait for either a break at 1.03650 or for our OANDA:GBPUSD trade to run into profits (or both).
Potential Scenarios:
For now I will only be considering shorts.
Risk accordingly and be safe for CPI today.
SBICARD – Descending Triangle Breakout 920 to 1100+ TargetSBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case.
Breakout Confirmation & Key Levels
Resistance Breakout:
The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal.
Buying Zone:
Above ₹800 – A sustained move above this level confirms the breakout.
Stop-Loss Level:
Below ₹750 – Any close below this level could invalidate the bullish setup.
Target Levels:
Initial Target: ₹920+
Projected Target: ₹1100+ (based on pattern height projection)
EUR/USD Technical Analysis: Consolidation, Demand Zones✅ Daily Timeframe Insights:
The EUR/USD has been consolidating between the 25% and 75% levels of its range. A potential upside continuation is expected if the demand zone at the bottom of the range holds. We’re eyeing a breakout of key levels for a bullish push.
✅ Weekly Timeframe Overview:
The EUR/USD is poised to target the previous week's high, supported by a weekly structural shift. This aligns with a broader retracement from liquidity lows, indicating strong momentum for further upside in the short term.
✅ Key Levels to Watch:
Resistance at 1.04670 (December high) is critical for further bullish confirmation.
Immediate downside risk arises if the current demand zone fails to hold.
✅ Economic Impact:
Today’s inflation data release will likely drive significant volatility. Traders should prepare for rapid price action and adjust strategies accordingly.
⚙️ Technical Tools & Key Concepts Used:
Liquidity zones
Supply & demand analysis
Fibonacci retracements (0.5 and 0.618 levels)
Weekly and daily fractal structure shifts
🚀 Forecast Summary:
While the bullish trend remains intact, news events like inflation figures could create temporary volatility or even reversals. For now, EUR/USD’s demand zones remain in control, favoring upside continuation. A break below key levels would signal short-term bearish opportunities.
Tags:
#EURUSD #ForexTrading #TechnicalAnalysis #SupplyAndDemand #PriceAction #TradingStrategy
Eur/Joy sell setup UsdJpy gave confluence to this. I'll be looking to go short from 159.788 you can wait for H4 rejection of the zone before looking for sell opportunities or you go aggressive, it depends on the kinda trader you are.
Taking the 159.5 as Inducement my point of interest looks valid and I'll be anticipating what price would do at that level.
Kindly boost if you find this insightful 🫴