XYZ breakout imminent? Block NYSE:XYZ looks like it's getting ready to breakout.
It was impressive to see this stock holding relative strength today as the markets were under pressure and selling off.
The OANDA:SPX500USD & NASDAQ:QQQ sold off and this stock closed green.
2 bullish patterns can be observed on the daily chart. A bull flag and and inverse head and shoulders.
The major indices broke key ranges to the downside and this stock has traded in a tight range.
Trade
DXY Short-Term Reversal Zone in SightUS Dollar Index (DXY) is approaching a strong support zone at 98.90–98.00, which has historically acted as a base for bullish reversals. The price is now testing the lower bound of this zone after a steady downtrend from the 101.94 high.
Key Technical Structure:
Support Zone: 98.90–98.00 (tested 3+ times)
Double Bottom Potential forming if bulls hold the zone
Upside Targets:
101.94: Key horizontal resistance
103.50: Swing high from early April
Scenarios to Watch:
🔹 Bullish Rebound:
Price bounces off 98.90–98.00 support
Confirmation: Break and close above 100.50 near-term resistance
Could fuel move back to 101.94, possibly 103.50
🔹 Bearish Breakdown:
Daily close below 98.00 would invalidate bullish setup
Opens downside to 97.00 and even 95.50
Macro Drivers to Watch:
FOMC speakers and interest rate guidance
US jobless claims or inflation surprise
Risk-off sentiment (benefits USD) vs. continued global risk appetite
Conclusion:
DXY is trading at a make-or-break support zone. Watch for clear bullish reaction or bearish breakdown before committing. The setup favors a bounce unless 98.00 fails.
Repeat of Late Apr-May lows & rallyThe chart shows the SPDR S&P 500 ETF Trust (SPY) on a 1-hour timeframe, with a pattern appearing to be repeating itself from late April/May(Liberation day announcements) dip and then boot and rally from trade announcements, all marked by colored lines.
The colored lines (blue, red, purple) highlight a recurring price action setup. Each set of lines seems to mark a sequence of movements:
Blue: Sharp drop, then gap up
Red: Consolidation at a lower higher from gap up, return to high, consolidation back lower at previous lower high
Purple: Breakout & reversal upward.
BTC - Bullish Madness or Bearish Retest?Zooming out on BTC chart we can note this major bearish trendline on the HTF. This diagonal support / resistance line can take BTC to 7,000.
Likely? Maybe not. Possible? Absolutely.
A straight move up on BTC like we have seen the last two years is very dangerous. There is a large chain reaction of leveraged sell orders via long position stop losses cascading down the price levels.
Can this trigger a massive and fast flash crash?
In my view - absolutely.
Here are two potential moves that take price to those low liquidations levels.
Possibility 1
110,000 to 35,000
35,000 retrace to 81,000
81,000 to 7,000
Possibility 2
110,000 to 43,000
43,000 retrace to 72,000
72,000 to 7,000
Note that both of these possibilities end with 7,000. I’m mapping out two routes that take us there, using confluences with trendlines, volume profiles, liquidity mapping, and common sense.
Always remember that crypto is a very new market, with some unique mechanics that differentiate it from other more established markets. Predominantly the futures and high leverage usage and the ways these platforms make their money…
Beware and be prepared.
Understanding the Economic Calendar: A Must-Have Tool for EveryThe economic calendar is an essential tool that helps traders track economic events and indicators that may impact financial markets such as Forex, gold, and stock indices.
Common data listed in the calendar include interest rates, GDP, inflation (CPI), unemployment rates, retail sales, consumer confidence, FOMC minutes, and speeches from central bank officials. Each event shows the release time, the issuing country, detailed content, and an impact rating from low to high. Traders need to check the economic calendar daily to anticipate periods of high market volatility.
For example, when the U.S. releases interest rate decisions or the Non-Farm Payroll (NFP) report, CAPITALCOM:GOLD gold and USD pairs often experience fast and strong price movements. Based on the calendar, traders can avoid trading right before major news to reduce risk, or take advantage of the volatility if they have experience. In addition, the economic calendar supports building medium- and long-term strategies based on economic cycles. Understanding macroeconomic trends allows traders to be more proactive and confident instead of reacting to price movements. Combining the economic calendar with technical analysis improves decision-making and risk management. Traders can access the calendar for free on reputable websites like Forex Factory, Investing, or directly within MT4 and MT5 platforms. This is a must-use tool for anyone aiming to trade professionally and with discipline.
Wishing you success and clarity in every trade.
MT4 User Guide for BeginnersMetaTrader 4 (MT4) is a popular trading platform for Forex and gold markets. To get started, download the software from your broker’s website or install the MT4 app from the App Store or Google Play.
After installation, open the platform and log in using your account number, password, and the server provided by your broker. Once the bottom right corner shows “Connected,” you’re successfully logged in.
The MT4 interface includes: Market Watch (price list), Chart (candlestick chart), Terminal (order management), and Navigator (accounts and indicators). To open a chart, right-click on a symbol in Market Watch and select “Chart Window.” To add technical indicators, go to the Insert menu > Indicators.
To place an order, press F9 or right-click on the chart and choose “New Order,” then enter the volume and select Buy or Sell. You can also set Stop Loss and Take Profit levels if needed. For pending orders, choose the order type under “Pending Order,” set your desired price, and confirm.
To manage your trades, go to the “Trade” tab at the bottom where you can modify or close orders by right-clicking them. Trading history is available under the “Account History” tab.
MT4 supports chart customization, saving templates, and using advanced indicators. It’s a flexible platform suitable for both beginners and experienced traders. Practice regularly to master its features.
Good luck with your trading journey!
MNQ Trade Setup -- Waiting for Flash PMI ImpactI’m holding off on a re-entry as we approach the Flash PMI at 9:45 AM. My bias is that there’s a potential for price manipulation to push higher above buy-side liquidity, taking out the highs before continuing lower. I’m waiting for the PMI release to confirm this idea and get better clarity on the market direction.
Bias: Expecting a possible manipulation higher to take out buy-side liquidity, followed by a continuation lower.
Waiting for Flash PMI to unfold before making any further decisions.
$NVTS is up 125%, but they might not be done yet!NASDAQ:NVTS Could see more upside if...
We close the week above $4.66 Double Bottom Breakout. This would lead us to the following targets...
🎯$6📏$7.76
- Bullish cross on H5_L indicator
- Volume shelf launch with GAP
- NASDAQ:NVDA Partnership
- Small Cap
- High Short Float
Popular Trading Styles in ForexHere are some common trading styles used in the Forex market:
Trend Following: Traders identify and follow the main market trend, buying in an uptrend and selling in a downtrend.
Reversal Trading: Traders look for points where the trend may reverse and enter positions against the current trend.
Range Trading: Traders buy near support and sell near resistance when the price moves within a defined range.
News Trading: Traders capitalize on strong market movements following major economic news releases.
Scalping: Traders open and close trades very quickly, aiming to profit from small price movements.
Swing Trading: Traders hold positions from several days to weeks, taking advantage of short-term price swings within a larger trend.
Technical Analysis Trading: Decisions are based on indicators, price patterns, and volume analysis.
Fundamental Analysis Trading: Traders analyze economic and political factors affecting currency values to make trading decisions.
If you have any questions or need further explanation on any style, feel free to ask.
Good luck and happy trading!
GBP/USD Cable Heist:Join the Thief Trading Style to Raid Profit!GBP/USD Cable Heist Plan - Thief Trading Style 😎💸
Greetings, wealth chasers and market bandits! 👋💰
Welcome to the Thief Trading Style, blending sharp technicals with savvy fundamentals to raid the GBP/USD "Cable" Forex Market. 📊 Follow the strategy outlined in the chart, focusing on long entries targeting the high-stakes Red Zone. 🌋 Expect an overbought market, consolidation, or trend reversal where bears might set traps. 🐻 Nail the plan, grab your profits, and treat yourself—you’ve earned it! 🎯💵🎉
Entry 📈: The heist begins! 🚨 Wait for the MA breakout at 1.34700, then strike for bullish gains. 🐂 Set buy stop orders above the moving average or place buy limit orders within a 15/30-minute timeframe at the recent swing high/low. ⏰ Don’t miss the move—set a chart alert to catch the breakout! 🔔
Stop Loss 🛑: Listen up, crew! 🗣️ For buy stop orders, hold off on setting your stop loss until after the breakout. 🚀 Place it at the recent swing low on the 4H timeframe (1.33300) for swing/day trades. 📍 Adjust based on your risk, lot size, and number of orders. Play smart, or you’re dancing with danger! 🔥😈
Target 🎯: Aim for 1.37000 or bail early if the market shifts. 🏃♂️ Scalpers, stick to long-side trades. 👀 Got deep pockets? Jump in now. 💪 Otherwise, join the swing traders and execute the plan with a trailing stop loss to secure your loot. 🔒💰
Market Outlook: GBP/USD is riding a bullish wave, fueled by key fundamentals. 🐃 Dive into the COT Report, macro data, sentiment, intermarket analysis, and future trend targets via the linkss below for the full scoop. 🔗👉
Why This Trade?: The bullish setup on GBP/USD is backed by strong technical signals, with the MA breakout confirming upward momentum. 📈 Fundamentals, including favorable COT positioning and positive macro data, suggest sustained strength in the pound. 💪 Intermarket correlations and sentiment analysis further align with a bullish outlook, making this an ideal moment to strike the Cable for potential high rewards. 🌟 The Red Zone target at 1.37000 offers a prime risk-to-reward ratio for disciplined traders. 🤑
⚠️ Trading Alert: News & Position Management 📰:
News releases can shake up prices and volatility. 🌪️ To stay safe:
Skip new trades during news events. 🚫
Use trailing stops to lock in profits and protect open positions. 🔐
Boost the Heist! 🚀: Support our plan by hitting the Boost Button to supercharge our market raids. 💥 With the Thief Trading Style, we’re stacking profits daily. 📈 Join the crew, execute the plan, and let’s make money moves! 💪🤝😺
Stay sharp for the next heist plan. Until then, keep robbing the markets! 🤑🐱👤
XAUUAD UPDATE: 21_5_25This chart from TradingView represents the price movement of Gold (XAU/USD) on the 1-hour timeframe. Here are the key details and technical insights:
Chart Overview:
Instrument: Gold (XAU/USD)
Timeframe: 1 hour
Current Price: $3,292.835
Price Change: +2.568 (+0.08%)
Key Zones and Annotations:
1. Support Zones:
Around $3,230–$3,250: Identified as a recent support level (highlighted in yellow).
Another stronger support level is visible around $3,100.
2. Resistance Zones:
Near $3,350: Strong resistance zone based on prior price action.
The chart indicates this as a major target area.
3. Trade Setup (as per annotations):
Entry Area: Near current price or after a minor pullback to the support zone.
Stop-Loss: Just below the lower yellow support zone (~$3,230).
Take-Profit: Around $3,350 (upper resistance).
The blue arrows indicate an expected pullback before a continuation upward.
4. Volume: No significant anomaly; average volume trends are seen, though some spikes align with sharp price moves.
Interpretation:
This chart suggests a bullish bias, expecting a pullback to the highlighted support before continuing upward to retest the resistance at $3,350. The setup is based on market structure and recent breakouts above previous resistance levels.
Would you like a deeper technical analysis or a forecast based on this setup?
AUD/NZD Forex Ambush: Thief Trading’s Profit-Grabbing Plan!🌟 AUD/NZD Forex Heist: Snag Profits with the Thief Trading Plan! 🚀💰
Hey there, wealth hunters and market bandits! 🤑💸
Welcome to the Thief Trading blueprint for cracking the AUD/NZD "Aussie vs Kiwi" Forex vault! 🏦🔥 This plan fuses sharp technicals 📊 with gritty fundamentals 📈 to score big loot. Follow the charted strategy, leaning into long entries, and aim to cash out near the high-risk Yellow Moving Average Zone 🎯—a hotspot for overbought vibes, consolidation, or trend flips where bearish bandits prowl 🐻. Grab your profits and treat yourself—you’ve earned it! 💪🎉
Entry Signals 🔑:
Bullish Ambush 🚀: Jump in on a pullback to the Blue MA at 1.08600 or Green MA at 1.07600. 📈
Bearish Blitz ⚡: Go short on a break below the Blue MA at 1.08200, riding the downward wave. 📉
Set a chart alert 🔔 to catch the breakout entry in real-time!
Stop Loss Tactics 🛑:
For buy stop orders, wait for the breakout to confirm before setting your stop. 📍 Place it at 1.07800 for Blue MA bullish entries or 1.06800 for Green MA entries on swing trades. Adjust based on your risk, lot size, and number of orders—play smart, not wild! 😎🔥
Profit Targets 🎯:
Bullish Raiders 🏴☠️: Shoot for 1.09700 or bail early if the market shifts.
Bearish Thieves 🕵️: Target 1.07600.
Scalpers 👀: Stick to long-side scalps. Big players can dive in; smaller traders, join the swing crew and execute the heist with a trailing stop loss to guard your gains! 💰🛡️
The AUD/NZD Forex Bank Heist (Day/Swing Trade) is riding a bullish surge 🐂, driven by key fundamentals. 📜 Dig into the COT Report, macroeconomics, sentiment analysis, intermarket trends, and future price targets for the full scoop—check those links! 🔗👉
Trading Alert: News & Position Management 🚨
News drops can shake the market! 📰 To protect your stash:
Avoid new trades during news events. 🚫
Use trailing stops to lock in profits on open positions. 🔒
Support the heist! Hit that Boost Button 🚀 to power up our robbery squad. With the Thief Trading Style, stacking profits daily is a breeze! 🌟 Stay sharp for the next heist—catch you in the markets! 🤑🐱👤🤝.
GBP/AUD Heist: Bullish Breakout Plan to Steal Profits!🌟 Pound vs. Aussie Heist: GBP/AUD Trading Plan 🚀💸
Hey Money Makers & Thieves! 🤑💰 Ready to pull off a master heist on the GBP/AUD Forex market? Based on 🔥 Thief Trading Style 🔥 blending technicals and fundamentals, here’s the plan to conquer the "Pound vs. Aussie" with a long entry strategy targeting the high-risk Red Zone. Let’s dive in! 📈🎯
Entry 📈:
The heist is live! Wait for the MA breakout at 2.10000 to strike—bullish profits are calling! 🔔
Set buy stop orders above the Moving Average for breakout entries.
Or, place buy limit orders on a 15 or 30-minute timeframe at the most recent swing low/high for pullback entries.
📌Pro tip: Set an alert on your chart to catch the breakout moment! 🚨
Stop Loss 🛑:
Protect your loot with a Thief SL at the recent swing low/high on the 4H timeframe (2.07400).
Adjust SL based on your risk, lot size, and number of orders. Stay sharp! 🔍
Target 🎯:
Aim for 2.14400 or exit early to secure profits before the target. Don’t get greedy! 💪
Scalpers, Listen Up 👀:
Stick to the long side for quick scalps.
Big players can jump in now; smaller traders, join the swing trade robbery with a trailing SL to lock in gains. 💰
Market Outlook 💵:
GBP/AUD is riding a bullish wave, fueled by fundamentals, macro trends, COT reports, quantitative analysis, sentiment, and intermarket dynamics. Stay updated as these can shift fast! 🌎📊
⚠️ Trading Alert: News & Position Management 📰:
Avoid new trades during news releases to dodge volatility traps.
Use trailing stop-loss orders to protect running positions and secure profits. 🚫
Latest Market Data (UTC+1, May 20, 2025, 12:02 PM BST):
Forex (GBP/AUD): Current price ~2.09850 (source: financialjuice.com).
COT Report (Latest Friday, May 16, 2025):
Non-commercial long positions increased, signaling bullish sentiment among large speculators.
Net long positions rose by 5,200 contracts (source: CFTC.gov).
Commodities & Metals: Gold and oil prices stable, supporting AUD strength but GBP bolstered by UK economic data.
Indices & Crypto: No direct impact, but risk-on sentiment in global indices supports bullish GBP/AUD bias.
💖 Boost the Heist! 💥:
Hit the Boost Button to power up our robbery team! 🤝 With the Thief Trading Style, we’re stealing profits daily. Stay tuned for the next heist plan! 🐱👤🚀
Happy trading, and let’s make that money! 💸🎉
Disclaimer: Trading involves risk. Always manage your risk and stay informed.
EUR/JPY "Yuppy" Heist: Sniping Swiss Profits with Thief Trading!🌍 Hello Global Traders! 🌟
Money Makers, Risk Takers, and Market Shakers! 🤑💸✈️
Dive into our EUR/JPY "Yuppy" Forex heist, crafted with the signature 🔥Thief Trading Style🔥, blending sharp technicals and deep fundamentals. Follow the strategy outlined in the TradingView chart, focusing on a long entry targeting the high-risk MA Zone. Expect a wild ride with overbought conditions, consolidation, and potential trend reversals where bearish players lurk. 🏆💰 Celebrate your wins, traders—you’ve earned it! 💪🎉
Entry 📈: The vault’s open! Grab bullish opportunities at any price, but for precision, set buy limit orders on a 15 or 30-minute timeframe near swing lows or highs for pullback entries.
Stop Loss 🛑:
📍 Place your Thief SL at the recent swing low on the 4H timeframe (163.00) for scalping or day trades.
📍 Adjust SL based on your risk tolerance, lot size, and number of open orders.
Target 🎯: Aim for 167.00
💵 EUR/JPY "Yuppy" is riding a bullish wave, fueled by key market drivers. ☝
Unlock the full picture—dive into Fundamentals, Macro Insights, COT Reports, Quantitative Analysis, Sentiment Outlook, Intermarket Trends, and Future Targets. Check 👉🌎🔗.
⚠️ Trading Alert: News & Position Management 📰🚨
News can shake the market hard. Protect your trades by:
Avoiding new entries during news releases.
Using trailing stops to lock in profits and shield running positions.
📌 Markets move fast—stay sharp, keep learning, and adapt your strategy as conditions evolve.
💖 Power up our heist! 🚀 Tap the Boost Button to amplify our Thief Trading Style and make stealing profits a breeze. Join our crew, grow stronger, and conquer the markets daily with ease. 🏆🤝❤️
Catch you at the next heist, traders—stay ready! 🤑🐱👤🤩
Market next move 1. Over-Reliance on Support Zone
The analysis heavily leans on the assumption that the support zone (marked with the purple "Support" label) will hold.
However, this support has already been tested multiple times, which weakens its strength.
A break below this zone could trigger significant stop-loss hunting, leading to a bearish breakdown instead of a bullish reversal.
2. Volume Analysis Suggests Weak Momentum
The recent bounce lacks strong volume. This suggests that buying interest is not convincing at this level.
Without volume confirmation, any bullish move is less likely to sustain.
3. Lower Highs Pattern
Despite small rallies, the chart is forming lower highs, which is typically a bearish signal.
This hints at seller dominance, and the yellow bullish projection might be overly optimistic.
4. Resistance Overhead
The price is approaching a short-term resistance zone (red box), which has rejected the price previously.
Without a clear breakout above that, the bullish case is speculative.
5. Fundamental Factors Unaccounted
The chart doesn’t account for macro factors like U.S. dollar strength, interest rates, or geopolitical influences that often affect gold.
If the dollar strengthens, gold may drop, breaking the support.
Market next move Bearish Disruption Analysis:
1. Range Weakness and Exhaustion Risk:
The price has been ranging within a tight zone, and repeated tests of the support line near 3,215–3,218 show weakening buyer pressure.
If bulls were strong, we might have already seen a breakout with momentum. Instead, there's sideways choppiness, suggesting indecision or exhaustion.
2. Lower Highs Forming:
Despite a flat support zone, price is forming lower highs, a bearish signal. Sellers are stepping in earlier on each bounce, tightening the range from the top.
3. Volume Depletion:
Volume is gradually dropping during this consolidation. If a breakout happens without a volume surge, it risks becoming a false breakout.
4. Liquidity Sweep Possibility:
Market makers might push price below the support zone (~3,215) to trigger stop-losses and accumulate orders before a potential real breakout. This would trap late buyers who enter early.
5. Bearish Scenario Path:
If price breaks below 3,215 and closes under that on decent volume, expect a move to the next demand zone near 3,200 or lower.
Downside target could be around 3,180–3,190, where the previous demand base formed on May 15.
GBP/JPY Short and CAD/JPY ShortGBP/JPY Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.