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Technical Analysis

Gold/USD Monthly Elliott Wave & Fibonacci ProjectionsPEPPERSTONE:XAUUSD This analysis presents a detailed Elliott Wave count on the monthly chart of Gold/USD with Fibonacci extension levels for key price targets. Wave Structure: The chart follows a classical 5-wave impulse structure (I to V). Wave V is currently forming with possible subwave developments marked (1, 2, 3, 4, 5). Fibonacci Key Levels: 100% ($2,529) — initial projection target 127.2% ($2,778) — intermediate resistance 161.8% ($3,095) — dominant bullish extension target 261.8% ($3,019) — extended bullish zone Potential Price Movement: A correction near $2,550 aligns with the Fibonacci 161.8% retracement, followed by a rally to complete wave V. Long-term resistance and liquidity zones highlighted around $3,095. Use this projection for long-term trading strategies. Fibonacci and wave alignments may guide stop-loss placements or profit-taking points. Keep an eye on corrections near wave 4 zones for confirmation before further bullish continuation Disclaimer: This analysis is for informational and educational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to trade any securities or assets. Trading in financial markets involves substantial risk and may not be suitable for all investors. Past performance is not indicative of future results. Always conduct your own research and consult with a certified financial advisor before making trading decisions.
PEPPERSTONE:XAUUSDLong
by Trwin
2
Fundamental Weakness Meets Technical Strength, AMD at a Turning?Hello readers, Advanced Micro Devices (AMD) posted strong Q4 earnings, with a 24% year-over-year revenue increase to $7.66 billion, slightly surpassing estimates. Adjusted EPS came in at $1.09, just above expectations. However, the data center segment underperformed, bringing in $3.86 billion a 69% YoY increase but below the $4.1 billion analysts had anticipated. Additionally, CEO Lisa Su cautioned that data center sales may decline by 7% in the next quarter. This guidance, combined with the revenue miss, led to an 8.2% pre-market drop in AMD’s stock price. Technical Perspective The price has finally arrived at the first key area of interest. This level has been anticipated for some time, and the fundamental reaction has now drawn the price close to the marked zone. For those considering this as a potential investment, I can provide a small but valuable confirmation: from a technical standpoint, this is not a mistake to take, as this area holds the potential to generate strong liquidity for further growth. Key criteria: 1. Strong horizontal price zone around the $100 2. The round number itself $100 3. The trendline since 2018 4. Channel projection 5. Equal waves from the top For a more in-depth technical analysis, visit my Substack channel - content is now available for English readers. Simply go to my profile and click on "Website." Regards, Vaido Disclaimer: This is not financial advice. Always conduct your own research and consider risk management before making any investment decisions.
NASDAQ:AMDLong
by VaidoVeek
NZDUSD Falling Wedge Breakout – 400+ Pips Opportunity!NZDUSD forex pair is currently trading at 0.56800, with a target price of 0.60000, offering a potential gain of 400+ pips. This bullish outlook is supported by a falling wedge breakout, a technical pattern indicating a reversal from a downtrend to an uptrend. The breakout is further strengthened by a good bounce from a key support level, suggesting strong buying interest at lower prices. The rising momentum and breakout signal a shift in market sentiment, potentially attracting more buyers. The target of 0.60000 represents a significant resistance level, and reaching it would require sustained upward pressure. Traders may view this as a buying opportunity, aligning with the breakout’s direction. However, factors like economic data, global risk sentiment, and commodity prices (e.g., dairy exports for NZD) should be monitored. Proper risk management, including stop-loss orders below the support level, is crucial to manage potential reversals. This setup combines a strong technical pattern with clear profit potential, making it appealing for short-to-medium-term trading strategies.
Long
by AndrewsMarket-Mastery
Ethereum (ETH/USDT) Rebound or Further Drop? Critical Levels!!📊 Ethereum (ETH/USDT) Daily Chart Analysis – Feb 4, 2025 🔴 Current Market Overview: Closing Price: $2,692.12 (-6.52%) 📉 200 EMA Level: $3,128.49 (acting as resistance) Key Support: $2,250 - $2,400 (Strong Support Zone) ✅ Key Resistance: $3,900 - $4,100 (Demand Zone) 🔥 📉 Price Action Insights: ETH has seen a sharp decline, breaking below the 200 EMA 🚨. Price bounced off the Strong Support area, indicating buying interest 📈. A recovery scenario suggests ETH could retest the $3,000+ zone before heading towards the demand zone near $4,000. 🛠 Trading Strategy: ✅ Bullish Scenario: A successful higher low formation around $2,750-$2,800 could trigger a move towards $3,250 - $4,000 📊. Look for confirmation of bullish momentum with volume increase. 🚨 Bearish Risk: If ETH fails to hold above support ($2,400-$2,500), further downside towards $2,000 is possible 😨. 🎯 Final Thoughts: ETH is at a critical support; a bounce here could offer a great risk-reward opportunity 🚀. Keep an eye on 200 EMA resistance and volume confirmation. 💬 What’s your plan? Are you bullish or waiting for more confirmation? 🤔
by MrStellanSight
GBP/USD Trend Reversal? Smart Money Entering the Market!GBP/USD is a major forex pair representing the exchange rate between the British Pound (GBP) and the US Dollar (USD). The current price is 1.25100, and the target price is set at 1.27000, indicating an expected upward movement. This trade setup suggests a potential gain of over 200 pips if the price reaches the target. A pip, or "percentage in point," is a standard unit of movement in forex trading, where 1 pip in GBP/USD is 0.0001. The trend line breakout confirms a bullish signal, meaning the price has moved above a key resistance level. Strong volume support indicates that many traders are participating in this move, adding to the momentum. A breakout with high volume often leads to sustained price movement, increasing the likelihood of hitting the target. If the trend continues, traders might see further gains beyond the expected 1.27000 level. However, risk management is crucial, as market conditions can change unexpectedly. Keeping an eye on economic news and key events related to the UK and US economies is essential. Overall, this setup suggests a strong buying opportunity for traders looking to capitalize on the breakout.
Long
by AndrewsMarket-Mastery
LDO ANALYSIS🔮 #LDO Analysis  🚀🚀 💲💲 #LDO is trading in a Descending Broadening Wedge Pattern. And the price pullback from descending trendline. Also #LDO is trading in a consolidation zone. We will see a retest first then a bullish momentum can be expected. 💸Current Price -- $1.691 📈Target Price   --  $2.450 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #LDO  #Cryptocurrency #DYOR
Long
by ZEUS_Market_Alerts
Gold’s Bullish Surge Eyeing the $2,700 Breakout! The chart displays a bullish recovery following a significant downtrend, transitioning into an uptrend within a defined ascending channel. A symmetrical triangle breakout during the bearish phase marked the beginning of this upward movement. Key support is identified around $2,600, while resistance levels are at $2,697, aligned with the 100% Fibonacci projection, and $2,728, which corresponds to the 138.2% Fibonacci extension and acts as a potential exhaustion point. The psychological level of $2,700 plays a critical role as a resistance zone. The price is currently near the upper boundary of the ascending channel, suggesting possible resistance and a chance for consolidation or retracement. If the price breaks above $2,700, it could target $2,728 or higher, while a rejection might lead to a pullback toward the midline or lower boundary of the channel. The bullish momentum remains intact, and traders could consider entering on a breakout above $2,700 or on a retracement near the channel’s lower boundary. Targets lie at $2,728 or higher, with stops placed below the last swing low or channel support. This chart signals a strong bullish trend with critical action expected around the $2,700 level.
OANDA:XAUUSD
by wolfchemist
1
GOLD 1H TRADING ANALYSIS FOR THE DAY / ALL TIME HIGHDear Traders, Please seee our updated Analysis of the New Chart (5th February) Key Observations All orange circles represent previously achieved targets: Reflects accurate analysis and alignment with market conditions. In this chart TP1 (2817.55): Successfully hit. TP2 (2837.03): Successfully hit. TP3 (2856.51): Pending Resistance Levels: 2845.42 Support Levels: Key Support: 2812. GOLDTURN Levels: 2837 (critical weighted level). 2828 (critical weighted level). 2817 (next major support level). 2807 - 2812 (lower demand zone). EMA5 (Red Line): Currently above TP2 (2837), indicating ongoing bullish momentum. EMA5's position will be critical for determining future price action. Recommendations Focus on EMA5 Behavior: Bullish Case: * If EMA5 holds above TP2 (2837) and Goldturn 2837 provides support, bullish momentum will likely push the price higher to retest and achieve TP3 (2856.51). * If EMA5 cross and lock above 2856, it will determine further bullish target to 2869 Bearish Case: * If EMA5 cross and lock below 2837: Indicates bearish pressure, likely pushing the price towards Goldturn 2828. * If EMA5 crosses and locks below Goldturn 2828: Expect further decline to: Goldturn 2817 (strong demand zone and support). * If EMA5 crosses and locks below Goldturn 2817 : Expect further decline to: 2807 - 2812 (key structural support). Summary of Key Points Holding above indicates bullish momentum with potential retest of 2856.51. Breaking below leads to bearish targets at 2823, 2817, and 2807. We will continue to capitalize on buying dips using our identified support levels, aiming for gains of 30 to 40 pips per trade. Consistent with our previous strategy, each of our structured levels typically provides reliable bounces ranging from 20 to 40 pips, offering steady opportunities for short-term profits. Please show us support with likes, comments, and follow our channel. Don't forget to boost our post. The Quantum Trading Mastery
FXOPEN:XAUUSD
by TheQUANTUMTraders
Nightly $SPX / $SPY Scenarios for 2.5.2025🔮 🔮 🌍 Market-Moving News: 📊 Trade Balance: The U.S. trade deficit is expected to widen to $96.50 billion in December, up from $78.20 billion in November. 📈 Key Data Releases: ADP Nonfarm Employment Change (8:15 AM ET): 🏢 Forecast: 148K | Previous: 122K Services PMI (9:45 AM ET): 🏭 Forecast: 52.8 | Previous: 56.8 ISM Non-Manufacturing PMI (10:00 AM ET): 📊 Forecast: 54.2 | Previous: 54.1 💡 Market Scenarios: 📈 GAP ABOVE HPZ: A further gap up will get a rejection below 6032. 📊 OPEN WITHIN EEZ: Slight move higher as a continuation and drop down 1% off the HCZ. 📉 GAP BELOW HCZ: Consolidate lower and pump back higher. 📌 #trading #stockmarket #SPX #SPY #daytrading #charting #trendtao
SP:SPX
by PogChan
BANKBEES : Going long for about 6.25% of the net capitalI have taken 2 positions at different levels, both close to the lower trendline of the ascending channel. The net allocation in the scrip currently amounts to 6.25% of my net capital. I do not plan to add to the position anytime soon. For now, my target is the all-time high, which would yield a profit of approximately 9% based on the average entry price. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
NSE:BANKBEESLong
by Sniper-Traders
GBP/CAD Fall of the Pound A Bearish Trap Has Been Set Rising Channel Breakdown The chart previously exhibited a rising channel with two parallel white trendlines containing the price movement. The price broke below the channel, signaling a shift in market structure from bullish to bearish. Bearish Momentum Confirmation After the breakdown, the price retested the lower trendline but failed to reclaim it, confirming resistance. A strong bearish rejection followed, indicated by the red shaded area showing selling momentum. Short Entry & Risk-Reward Setup The short position was entered near 1.78981, slightly below the breakdown point. The stop-loss is set at 1.80996, positioned above the breakdown level to avoid whipsaws. The take-profit target is 1.75724, aligning with previous support and a logical demand zone. Indicators & Confluence EMA or Trend-Based Indicator. The red shading suggests the price is trending below a dynamic moving average, reinforcing bearish sentiment. Bearish Candlestick Formation, A series of red candles and a retest failure further confirm selling pressure. Trade Rationale & Risk-Reward Analysis Trade Type: Short Entry: 1.78981 Stop Loss: 1.80996 (~200 pips above entry) Take Profit: 1.75724 ( 325 pips below entry) Always book Profit every 10% Risk-Reward Ratio: 1:1.6 , indicating a solid risk-adjusted trade with a favorable reward potential. This trade capitalizes on the bearish breakdown of the rising channel, with a clear stop-loss placement and a logical take-profit target. If momentum sustains, the price could continue trending lower towards 1.75724 or even extend further.
Short
by wolfchemist
1
TradeCityPro | ARBUSDT The Most Important Support of Its Life👋 Welcome to the TradeCityPro channel! Let's analyze and review one of our important Layer 2 projects, which is currently at one of its most critical support levels, and update our previous analysis. 🌐 Overview Bitcoin As always, before starting our analysis, let’s take a look at Bitcoin on the one-hour timeframe. We have settled down a bit compared to yesterday's fluctuations, but it’s still not a great time to open futures positions because any news can trigger stop-losses. However, if you insist on opening a position, the breakout of 100,026 wouldn’t be a bad entry, but you must reduce your risk. These days, it’s better to be an observer in futures trading. On the other hand, Bitcoin dominance is also crucial with this level’s breakout—if it turns green, you can open a position; otherwise, it’s better to switch to an altcoin or not open any position at all. 🕵️‍♂️ Previous Analysis In our previous Arbitrum analysis, we had a more bullish outlook and were waiting for a breakout of 0.9689 on the four-hour timeframe to open a long position. This breakout happened, and we experienced a clean move up to the 1.2364 resistance level. 📊 Weekly Timeframe On the weekly timeframe, we clearly see a rejection from the 1.1887 resistance, which was previously tested as a pullback. Now, this level has become even more significant, and after rejection, we reached the critical level of 0.4792. If you had bought earlier after the breakout of 0.6487, taking profit at 1.1887 was very logical—either securing profits or withdrawing your initial capital. If you didn’t take these actions, you likely hit your stop-loss by now. However, if you managed your capital properly and only lost a maximum of 2% of your funds, then nothing major has happened. Taking profit at 1.1887 was the smart move. This weekly candle is one of the most volatile we’ve seen recently for ARB, dropping 30% in a single day before recovering. If it closes green or even slightly higher with better volume, it could act as an entry trigger for those whose strategy aligns with it. However, I personally prefer to see some ranging first and enter on a different timeframe to follow the movement. 📈 Daily Timeframe Yesterday’s daily candle was truly impressive and showed the strength of buyers. Under normal market conditions, I would have bought with this candle, anticipating the start of an uptrend. However, this candle was mainly driven by emotions and FOMO, and many traders still don’t fully grasp the consequences of their decisions—they might realize it in the coming days. That’s why this candle doesn’t convince me, and I’m not buying based on it. Now, you might think, “What if this is the best entry point?” Personally, I would be much happier if price makes a sharp move up to 0.6487 with momentum—this would provide a more confident entry with a tighter stop-loss. In that scenario, both positions would reach their risk-to-reward targets up to 0.9178, but my entry would be more secure, and I could allocate more capital. If the daily candle closes below 0.4792 and RSI enters the oversold zone, ARB’s situation will worsen significantly, potentially forming new lows. That wouldn’t be good and could lead to deeper corrections. 📝 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! ❤️
Long
by tradecitypro
16
JTO ANALYSIS📊 #JTO Analysis ✅There is a formation of Descending Channel Pattern in daily chart with a breakout and retest the levels. We would see a good price moment in few weeks if breakout sustains here and also breakout the major resistance zone 🧐 👀Current Price:  $3.220 🚀 Target Price:    $4.100 ⚡️What to do ? 👀Keep an eye on #JTO price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #JTO  #Cryptocurrency #Breakout #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1
EUR/USD Poised for Reversal from Key Demand Zone – Smart Money A📊 Market Outlook: Bullish Reversal from Demand Zone EUR/USD is approaching a critical daily demand zone (highlighted in yellow), where we anticipate a potential trend reversal. The technical and fundamental data suggest that a buying opportunity is emerging. 🔹 Why Am I Bullish on EUR? ✅ Retail Traders Overloaded on Shorts – The retail crowd is excessively short, which often leads to short squeezes when smart money steps in. ✅ Non-Commercial Traders are Overly Short – CFTC data reveals that large speculative traders hold extreme short positions, signaling a potential contrarian move. ✅ Commercial Traders Accumulating Longs – The smart money (hedgers & institutions) are heavily long on EUR, suggesting value buying at these levels. ✅ Key Demand Zone in Play – Price is approaching a major liquidity pocket, historically acting as strong support and a reversal zone. 🔹 Technical Levels to Watch 📍 Support Zone: Yellow Area On Chart 📈 My Trade Bias: Waiting for confirmation signs in the demand zone. Looking for bullish structure shifts & momentum buyers stepping in. 🚀 What do you think? Will EUR/USD bounce from here or break lower? Comment below! 👇📩 #EURUSD #Forex #SmartMoney #OrderFlow #Liquidity #PriceAction #CFTCData #ForexTrading #FXAnalysis
CME:6E1!Long
by Inevitable_Trader