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EurCad = ascending channel + symmetrical triangleHere we have something that to me looks like a combination of a symmetrical triangle and an up ascending channel. It is currently evolving within, and I think it will continue to do it a bit more, especially now that is successfully broke above the symmetrical triangle. It might look like it already has broken out prior, but it wasn't fully formed. Nearer the end, it can be seen that price bounced back and forth within the triangle two times, and accurate. Now that it's broken above, I know of a potential idea which is to buy from a pullback into the level marked which I believe is demand zone. I also think it can be normal for price to be traded as a break below and selling an ascending channel. But I think in this case it is being held up in a stronger format with support from triangle which might guide its meaning to a different turn.
Long
by CyberFxTrader
#T/USDT#T The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.01704. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 0.01716 First target: 0.01732 Second target: 0.01745 Third target: 0.01757
Long
by CryptoAnalystSignal
1
EUR/CAD Short, AUD/CAD Short, USD/CHF Long and USD/JPY ShortEUR/CAD Short Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it. AUD/CAD Short Minimum entry requirements: • 1H impulse down below area of value. • 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. USD/CHF Long Minimum entry requirements: • Tap into area of value. • 1H impulse up above 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. USD/JPY Short Minimum entry requirements: • If structured 1H continuation forms, 1H risk entry within it.
by StewySongs
KASPY COULD BE THE NEXT BIG THING (TA+TRADE PLAN)Technical Analysis of KASPY (KASPY/USD) BY BLAŽ FABJAN 1. Price Action & Trend Structure: Falling Wedge (Red Zone): The chart shows a classic falling wedge pattern, a bullish reversal formation. This indicates that the downtrend has slowed down, and a breakout could be imminent. Descending Triangle (Top Right Zone): This descending triangle formation suggests consolidation near resistance. If KASPY breaks out above the horizontal line of the triangle, a move towards higher targets can be expected. 2. Key Support and Resistance Levels: Bottom 1 (Green Box): A significant support zone that previously bounced the price upwards. This zone should hold if the price tests it again. Bottom 2 (Green Box): Another crucial support level showing a potential buying area. This could act as a safety net in case the market dips. Resistance Levels (Red and Blue Targets): The upper red zone represents significant resistance, where the price might face selling pressure. The chart shows targets aligned with these resistance zones. 3. Technical Indicators: VMC Clipser (B Divergences): The indicator shows mixed signals with a divergence in the upward movement, suggesting potential reversal or continuation. The positive divergence is noted with green arrows indicating buying opportunities. RSI (Relative Strength Index): RSI is at 50.97, indicating neutral market conditions. It is not overbought or oversold, which suggests that there is room for price action in either direction. Money Flow Index (MFI): The MFI value is 54.13, which confirms that there is moderate buying interest. MFI values above 50 suggest positive money flow, supporting potential upside movement. Stochastic Oscillator: The stochastic oscillator shows a level of 21.93, indicating an oversold condition. This could signal an upward bounce as the market may be ready to reverse. 4. Market Sentiment & Time to Bounce: The chart annotation “Time to Bounce” suggests a potential upward price movement after consolidating within the rectangle and descending triangle formation. The market sentiment appears to favor a bullish breakout. Trading Plan Entry Points: Primary Entry: If KASPY breaks above the upper boundary of the descending triangle, targeting the breakout point at around 0.0000020 (upper resistance zone), this could be the ideal entry point for a bullish trade. Secondary Entry (Bounce Play): If the price approaches the support areas (Bottom 1 or Bottom 2), consider entering long positions as the price bounces upward off these zones. The oversold conditions in the stochastic oscillator provide confidence for a potential bounce. Target Levels: Target 1: Around the upper red zone resistance (0.0000020), which has already been marked as a target in the chart. Target 2: The second resistance zone at 0.0000025, aligning with the overall market conditions. Long-term Target: A breakout could send the price higher to 0.0000035 (or higher), depending on the strength of the breakout. Stop Loss & Risk Management: Stop Loss: Place stop loss orders below the support level (around 0.0000015) to minimize losses if the price fails to hold at support. A tighter stop loss could be placed just below the bottom of the falling wedge. Risk-to-Reward Ratio: Aim for at least a 3:1 risk-to-reward ratio for this trade, ensuring that the potential profit justifies the risk taken. The KASPY chart shows a favorable setup for a potential bullish move, with a falling wedge pattern and a descending triangle indicating a possible breakout. Key indicators support this outlook, with neutral RSI and a favorable stochastic reading. The trading plan includes strategic entry points, realistic target levels, and prudent risk management.
CRYPTO:KASPYUSDLong
by elfabiiani
NO.1 MEME COIN ON KASPA IS NACHO THE KAT - DYORThe chart shows a symmetrical triangle pattern forming after a falling wedge. A falling wedge is typically seen as a bullish reversal pattern, indicating that the price may break out to the upside after the convergence of the trendlines. The symmetrical triangle, which is forming after the falling wedge, suggests consolidation before the breakout, likely pointing towards higher price action. Key Points Price Action and Trend: NACHO has been in a downtrend, creating a falling wedge. The falling wedge has converging trendlines, which is a common setup for a bullish breakout. Currently, the price is consolidating within a symmetrical triangle pattern, with lower highs and higher lows, indicating indecision in the market. The breakout from this triangle is likely to be significant, either continuing the previous downtrend or initiating a bullish reversal. Volume Analysis: The volume profile at the bottom shows an increase in volume as the price approaches the apex of the symmetrical triangle, suggesting potential strength behind the breakout. It's important to monitor if volume increases further upon breakout to confirm the strength of the move. Key Indicators: RSI (Relative Strength Index): The RSI is currently around 50.39, suggesting a neutral market sentiment. The RSI has been ranging between oversold and overbought territories, which indicates that NACHO has not yet entered a strong trend but may be preparing for one. Stochastic RSI: The Stochastic RSI is hovering around 37.57, showing a neutral stance, but it is closer to the oversold region, which could indicate that NACHO is near a potential reversal. Money Flow Index (MFI): The MFI is at 35, indicating that the market is not yet in a strong buying or selling pressure zone. This shows that there is room for price movement based on volume. VMC Cipher B Divergences: Positive divergence could suggest bullish momentum emerging, even if the price remains in consolidation. Target and Resistance Levels: If NACHO breaks out to the upside from the symmetrical triangle, the target is likely near the upper trendline of the wedge, which aligns with previous highs, possibly reaching the 0.00004500-0.00005000 USDT range. Immediate resistance is near the 0.00004300 price level. Support levels to watch are 0.00003000 and 0.00002000, which are key levels from previous price action. Trading Plan Entry Strategy: Breakout Strategy: A strong breakout above the upper trendline of the symmetrical triangle would be a potential buy signal. If the price breaks and closes above 0.00004200, consider entering a long position with a target at 0.00004500-0.00005000. Volume Confirmation: Ensure that the breakout is accompanied by an increase in volume. A low-volume breakout could be a false signal. Stop-Loss Strategy: Initial Stop-Loss: Place a stop-loss just below the symmetrical triangle's lower trendline or 0.00003000. This provides a reasonable distance to avoid being stopped out on small fluctuations. Trailing Stop: As the price moves up towards your target, consider adjusting your stop-loss to lock in profits, especially if the price exceeds the 0.00004300 resistance level. Take-Profit Strategy: First Profit Target: Set a take-profit order around 0.00004500, the first resistance level. This is a key point based on the historical price action and previous swing highs. Secondary Target: If the price breaks past 0.00004500, adjust the target to 0.00005000, which is the next logical resistance zone. Risk Management: Position Sizing: Risk no more than 1-2% of your total capital on this trade. For example, if your trading account is $5,000, you should risk no more than $100-$150 per trade. Risk-Reward Ratio: Aim for a minimum 2:1 risk-to-reward ratio. For example, if you risk $150 on a trade, aim for a potential reward of $300 or more. Additional Considerations: Market Sentiment: As NACHO is a meme coin, market sentiment plays a huge role. Watch for social media trends and any news related to meme coins or Kaspa-based coins that could drive the price action. Macro Conditions: Stay updated on the general market conditions for cryptocurrencies, as a broader downtrend in the market could limit the upside potential, even if technicals suggest a breakout. NACHO THE KAT presents a technical setup with the potential for an upward move following a breakout from the symmetrical triangle. A close watch on volume and key price levels will be critical for confirming the breakout and determining the right moment for entry.
Long
by elfabiiani
5
Gold Price Analysis May 5The D candle cluster appears with the sellers still dominating. 3270 is still playing a key role in reversing the trend. The h1 structure is creating a false break in the 70 zone and wants to continue falling in the corrective downtrend. Pay attention to the 3263 break zone in the European session, when breaking this zone, Gold will form an uptrend and the possibility of breaking the 3270 zone is very high. 3285 will be the next reaction zone when breaking 3270, then the Down wave of Gold will be broken. Gold can reach 3303 when there are retests to the support zones. In the opposite direction, Gold does not break 3262 and continues to fall, it will be favorable for the downtrend and the possibility of forming a double top pattern and falling sharply is also quite high. The Trendline zone 3243 is considered an important support zone in the near future for the Gold price decline. Next, pay attention to the reaction zone of the daily support around 3225.
OANDA:XAUUSD
by TVS-Trader
US30: Local Bearish Bias! Short! My dear friends, Today we will analyse US30 together☺️ The market is at an inflection zone and price has now reached an area around 41,170 where previous reversals or breakouts have occurred. And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 41,039..Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
BLACKBULL:US30Short
by FreeXauusdSignals
1
Nightly $SPY / $SPX Scenarios for May 6, 2025 🔮🔮 🌍 Market-Moving News 🌍 📉 Market Retreats Amid Tariff Concerns U.S. stock markets declined on May 5, 2025, as investors reacted to potential tariffs and key earnings reports. The S&P 500 dropped 0.6%, and the Nasdaq decreased 0.7%. Notably, Palantir Technologies ( NASDAQ:PLTR ) fell nearly 8% in extended trading despite raising its full-year revenue forecast and exceeding Q1 revenue estimates. 🏛️ Fed Meeting Commences Amid Political Pressure The Federal Reserve's two-day meeting begins today, with the central bank expected to maintain its benchmark interest rate at 4.25%-4.5%. Despite President Trump's calls for rate cuts, the Fed remains cautious due to inflationary risks from new tariffs and migration policies. 🎬 Entertainment Stocks Under Pressure Streaming giants Netflix ( NASDAQ:NFLX ) and Disney ( NYSE:DIS ) experienced premarket losses of over 5% and 3%, respectively, following President Trump's proposal of a 100% tariff on foreign-made movies. 🏠 Housing Market Faces Challenges The U.S. housing market is weakening due to persistent high mortgage rates and economic uncertainty driven by tariff policies. Mortgage rates, currently averaging 6.76%, have deterred both prospective buyers and sellers. 📊 Key Data Releases 📊 📅 Tuesday, May 6: 8:30 AM ET: U.S. International Trade in Goods and Services (March) ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
USDJPY NEXT MOVE Assumption of a Bullish Continuation (Without Confirmation) • Disruption: The projected upward path to the “Double Top Resistance” presumes a bullish continuation without confirming signals (e.g., bullish candlestick patterns, volume spikes, or RSI divergence). • Alternative View: Price is currently rejecting the resistance zone and heading downward—this could be the start of a deeper retracement or trend reversal, not just a dip. ⸻ 2. “Strong Support” Zone is Based on a Single Bounce • Disruption: The “Strong Support” zone is derived from a single historical reaction. It might not hold on the next test, especially if momentum and volume increase on the way down. • Counterpoint: Stronger support typically comes from multiple prior reactions or a broader consolidation zone. ⸻ 3. Lack of Consideration for Bearish Structure • Disruption: The broader structure is bearish (from left to right on the chart), with lower highs and lower lows. The analysis skips over this longer-term downtrend context. • Alternative: Instead of anticipating a return to 148, traders might watch for short setups if price fails to break back above the resistance cleanly. ⸻ 4. Volume Decline During the Recent Rally • Disruption: The bullish leg into early May shows diminishing volume. This divergence between price increase and falling volume weakens the bullish case. • Warning Sign: Could indicate a bull trap, followed by a sharper fall through the support. ⸻ 5. Overemphasis on “Double Top” without Neckline Break • Disruption: The projected double top at ~148 assumes that level will be revisited. But without a confirmed breakout through 144.000, it’s premature to predict such a move. • Risk: Traders buying now on this expectation may be caught in a pullback that dips below the “Strong Support.”
Long
by Vip_Signal
1
GOLD NEXT MOVE NEXT WEEK GOLD BIG DOWN GOLD SELL NOW 3230- LIMIT 3240=3250 FIRST TARGET 3200 NEXT TARGET 3180 LONG TARGET 3150 Counter-Analysis to the Bearish Bias 1. Volume Analysis Suggests Demand at Lows The highlighted "Strong Support" zone around 3,156 shows high buying volume—evidenced by the tall green bars on the volume histogram. This may indicate accumulation, not preparation for breakdown, contrary to the red arrows implying a strong downward continuation. 2. Oversold Market Conditions Given the repeated tests of lower support zones without major follow-through, there's a risk of bearish exhaustion. A reversal pattern (e.g., double bottom or inverse head and shoulders) could form near 3,215 or 3,187. 3. Failed Breakdown Possibility Price rebounded sharply from the support zone below 3,220, which could be interpreted as a bear trap. If price closes above the 3,248 resistance level, the market may target the 3,294 and even higher levels, invalidating the bearish roadmap. 4. Ignored Higher Timeframe Context This chart is on a 1H timeframe, but without a higher timeframe reference (e.g., 4H or Daily), the bias may be misleading. If the daily chart is bullish or consolidating, this 1H downtrend could just be a retracement. 5. No Confirmation of Breakdown Yet None of the major support levels (e.g., 3,215 or 3,187) have been broken with high volume and strong candles. Until a confirmed lower low below 3,156 is printed, this remains a range or consolidation, not a breakdown. Alternative Bullish Scenario If price holds above 3,215 and breaks 3,248 with volume, the next target could be: 3,293 (Resistance) Possibly 3,320 and above (double top region
TVC:GOLDLong
by Vip_Signal
DEFENSE EU vs USEU defense massively outperforming the US up 50% from the lows. Lockheed Martin is forced to console American allies, convincing them not to abandon the US Defense industry as Trump completely destroys it with his pro-Russia behavior. I don't see any way back to NATO normal. Trump has weaponized the US defense industry against our (former allies?) allies and that is unacceptable. The US defense industry mostly sells $107 billion annually to NATO, EU nations. This win-win EU-US relationship between our allies has made it possible for the US to develope and sustain military technology we would otherwise not have been able to afford alone. So America first? Not really. More like America last! At any rate, should a downturn occur and need to be long. #EUAD is a good place to be.
CBOE:EUADLong
by RealMacro
8
ALERT: ALT SEASON INCOMING? 🚨 ALERT: ALT SEASON INCOMING? 🚨 Take a close look at the BTC/ETH chart — we’re seeing early signs of a major rotation out of Bitcoin and into Ethereum and altcoins. Historically, when the BTC/ETH ratio starts to fall, it's a clear signal that capital is flowing into altcoins, marking the beginning of alt season. 🔍 The ratio is showing bearish divergence and approaching a key support zone. If this level breaks, ETH is likely to outperform BTC significantly — and we all know what follows: altcoins explode. 📉 BTC dominance is stalling, ETH gaining strength, and altcoins are waking up. The market is shifting. Don't get caught late. 🚀 Get ready. The alt season might just be starting now. #AltSeason #Crypto #BTC #ETH #TradingView #CryptoTrends
Long
by MiguelFTCurado
8
EUR_GBP WILL FALL|SHORT| ✅EUR_GBP has hit a key structure level of 0.8540 Which implies a high likelihood of a move down As some market participants will be taking profit from their long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ 

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by ProSignalsFx
1
EURNZD On The Rise! BUY! My dear followers, This is my opinion on the EURNZD next move: The asset is approaching an important pivot point 1.8946 Bias - Bullish Safe Stop Loss - 1.8880 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.9061 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1