Get started

Trend Analysis

GBPUSD is in the Buying Direction after Testing SupportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
Cardano (ADAUSD) Key Levels The Week Ahead 03rd March ‘25Cardano (ADAUSD) maintains a bullish sentiment in the longer term, but recent price action is showing signs of potential weakness, as a double-top reversal pattern may be forming following its all-time high at 13,250 on December 3, 2024. The key trading level at 8,660 will be crucial in determining the next directional move. Key Levels to Watch Resistance Levels: 8,660 (Neckline), 8,748 (50 DMA), 9,450, 10,000 Support Levels: 7,393 (20 DMA), 6,832, 5,820 (200 DMA) Bearish Scenario If ADAUSD fails to break above the 8,660 neckline and faces rejection, it could confirm the double-top pattern, increasing the likelihood of a downward move. A breakdown below 8,660 could expose support at 7,393 (20 DMA), with further downside targets at 6,832 and 5,820 (200 DMA) over the longer term. Bullish Scenario A strong breakout and daily close above the 8,660 neckline resistance would invalidate the bearish pattern, potentially leading to a bullish continuation. In this scenario, ADAUSD could retest 8,748 (50 DMA), with further upside potential toward 9,450 and 10,000 if momentum strengthens. Conclusion While Cardano remains in a broader uptrend, the 8,660 neckline serves as a key pivot point. A rejection at this level could confirm a bearish double-top formation, while a breakout above it may trigger renewed bullish momentum. Traders should monitor this level closely for confirmation of the next major move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:ADAUSD
by TradeNation
Closing my Selling order with ProfitAs discussed throughout my Friday's session commentary: "My position: My Selling order has been closed automatically (#2,892.80 - #2,872.80) with Take Profit hit and left me without any orders. As Gold delivered decline in continuation throughout Asian session, I have missed #2,872.80 - #2,852.80 benchmark extension (currently #3-Week Low's test) however I don't mind since my returns for current weeks are excellent. I have stated potential of #2,892.80 - #2,900.80 Support now turned to Resistance zone, as long as it preserves Selling bias and reverses each Bullish reversal, Price-action within or below is Bearish. Keep in mind that as long as we Trade below the mentioned zone, #2,852.80 benchmark break-out has more chances to be delivered rather than #2,900.80 benchmark. Keep Selling every High's on Gold with #2,900.80 Top's however if #2,852.80 benchmark gives away, #2,827.80 is next contact point to monitor." I have closed my Selling order (#2,852.80 - #2,835.80) throughout Friday's session delivering fine #17-point Profit, extending my results range to #142 Profits and #24 Stop-hits regarding December #2023 - March #2025. Quick update: Gold is Trading within Neutral waters and it is question now which side will prevail. I am in excellent position currently, Highly satisfied with my Profits without urge to Risk more on ranging market. Either #2,892.80 - #2,900.80 gets tested, or #2,852.80 benchmark. If Resistance zone rejects the Price-action, I will Sell Gold there on spot Targeting #2,852.80 benchmark once again. If however #2,900.80 gets invalidated, Short-term Bullish bias is restored.
TVC:GOLDLong
by goldenBear88
Long Position on KAITO/USDT 📈 Long Position on KAITO/USDT 🚀 🔹 Entry: $2.11 🔹 Target: $3.33 🔹 Stop Loss: Below $1.96 I'm taking a long position on KAITO/USDT as it's holding well within a strong ascending channel. Why This Trade? ✅ Price is respecting trendline support – strong demand zone. ✅ MACD is showing signs of a potential crossover, signaling a reversal. ✅ RSI is near oversold, suggesting buyers could step in soon. ✅ Risk-to-reward ratio is solid, making this trade worth the setup. 📌 Things to Watch: 🔸 If price bounces off trendline, I expect continuation upwards. 🔸 If price breaks below support, I’ll cut the trade early to minimize risk. All set! Let’s see how it plays out. Are you trading this setup too? 📊🔥 #Crypto #Trading #TechnicalAnalysis #LongSetup #KAITO
PHEMEX:KAITOUSDT.PLong
by TrendShredder
US500- A buy setup coming upHello, A nice correction happening on this pair US500. The S&P 500 Index, also known as the Standard & Poor’s 500 or the US500, is an American stock market index that tracks the performance of the top 500 companies listed on the Nasdaq Stock Market or the New York Stock Exchange. It is a free-floating index covering US firms with the largest market capitalization and book value, representing approximately 80 per cent of the total value of the country’s equity market. I expect a smaller correction on the US500 lower timeframe before a continuation to the upside. Look for entries on lower timeframes with a target at the top. Stop loss below the bottom. Zero crossover on the MACD to be used as confirmation as well. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Good luck.
TRADENATION:US500Long
by thesharkke
Gold trend today European and American trading session🔔🔔🔔 Gold news: 👉Gold prices saw a slight increase on Monday, driven by a weaker US Dollar. Expectations of another Federal Reserve rate cut put pressure on the USD, which in turn boosted XAU/USD. Additionally, concerns over Trump’s proposed tariffs and the potential for a global trade conflict added to gold’s appeal. 👉The US Dollar also faced downward pressure due to a strong rebound in the crypto market, led by Bitcoin (BTC), after Trump instructed the Presidential Working Group on Sunday to advance plans for a Crypto Strategic Reserve, which will include Bitcoin, Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). 👉A broad decline in the US Dollar allowed gold prices to recover after suffering significant losses in the previous two trading sessions. Meanwhile, the Euro (EUR) strengthened as Europe intensified its diplomatic efforts to resolve the Ukraine conflict, further weighing on the USD and supporting the USD-denominated gold price. Personal opinion: 👉Gold price will recover to the 2890 area, then there will be a technical decline to the 2934 area before continuing the uptrend. Because there is currently no strong news for gold to break through this area. 👉Note: any move on President Trump's tariff policy will be considered first, so pay attention to this related news for better trading Analysis: 👉Based on trend lines and EMA combined with important resistance - support levels to come up with a suitable strategy Plan: 🔆 Price Zone Setup: 👉Sell Gold 2887 – 2890 ❌SL: 2895 | ✅TP: 2883– 2877 – 2870 👉Buy Gold 2833 – 2835 ❌SL: 2827 | ✅TP: 2839– 2844 – 2850 FM wishes you a successful trading day 💰💰💰
OANDA:XAUUSDShort
by FM-ForexMastermind
1
BTCUSDT WANT BIG BUY LETS SE 📈 BTCUSDT Analysis & Forecast 📈 🔹 Time Frame: H4 🔹 Analysis: BTCUSDT has rejected its $85K support zone, indicating strong buying pressure at lower levels. This signals a potential bullish move towards higher price targets. 🔹 Buy Opportunity: A strong bullish momentum is expected within the same range, eyeing key upside targets. 🔹 Technical Targets: ✅ First Target: $105K – If bullish momentum continues, price may reach this level. ✅ Second Target: $108K – A breakout above $105K could push BTC higher toward this next target. 🔹 Key Levels to Watch: ✅ Resistance Zone: $96.7K – BTC needs to break above this level to confirm further upside. ✅ Support Zone: $85K – Holding above this level strengthens the bullish outlook. 📊 Traders should monitor price action, volume, and key resistance breakouts while managing risk. Stay ready for potential market volatility! 🚀🔥
CRYPTO:BTCUSDLong
by ALBERTGOLDHUNTER
Gold prices are said to be negative in the short termWorld gold prices recovered slightly amid a decline in the US dollar. At 9:45 a.m. on March 3, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 107.130 points (down 0.4%). Gold prices will continue to decrease. “There is no reason to think that this profit-taking correction will not last for a while longer. But we need to remember that so far gold has only fallen less than 4% from its peak, after rising 12% this year.” The fundamentals that drove gold demand over the past two years remain intact, so any possible decline to as low as $2,600 an ounce would be short-lived.” In addition to strong demand from central banks, I also expect capital flows into gold ETFs to increase as interest rates fall, making gold more attractive to investors. “However, this factor may be somewhat affected by speculators reducing their net buying positions in the gold futures market. Currently, the net buying position remains very high as concerns about lingering tariffs from the administration of US President Donald Trump cause investors to seek safe haven assets such as gold."
OANDA:XAUUSDShort
by FalCol_TradingMaster
NIFTY NIFTY Prediction 1. Current fall may stop at Green Zone Green Zone - 1 is approx 22000 Green Zone -2 is approx 20500 2. Retracement expected from Green Zone to Red Zone - If current fall takes support at Green Support 1, then retracement till above red zone - If current fall takes support at Green support 2, then retracement till below red zone 3. Red zone will act as strong resistance and then market may fall further till Yellow zones Final fall 1 is the first support of current NIFTY crash 4. Yellow zones are the end of the current crash; therefore, Nifty will make a new high once it touches yellow zones. *Note - Market may make all time high from green zones as well but chances seems low at current situation.
NSE:NIFTYShort
by I_M_VARUN_TYAGI
XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025)XAU/USD - Gold Weekly Analysis(3rd. Mar. 2025 to 7th Mar. 2025) Weekly recap: Even though Gold is MACRO bullish on the HTF. We did a fantastic job last week adapting to sells from ATHs, and back below 2930s. We anticipated we can at least retest into near demand zone around 2880s BUT we extended the bearish profit taking move printing an unexpected LL at 2840s. This is lining up with EOM and new business month prices setting up around the corner. Reminder on Gold: Even though Gold is MACRO bullish on the HTF, the asset class sees very large retracement / pullback as markets moves in waves. Keep in mind we are starting a new business month. We have to be careful where if Gold buyers do no reclaims price above 2880-2890 we can instead see extension of retracement into Trump trade Nov 2024 prices of 2750-2760s. With no NEW trade war tensions events, geopolitical risk on the back burner, Feds slow approach to rate cuts, USD starting to find a support/ bullish steam and on Gold specifically profit taking from record break highs requires adaption. Something to look out for on the Macro. Trade ideas for upcoming week: Since Gold is currently in a secondary phase of MS i will be playing sells into better demanded prices Bullish bias: 1 - Gold comes down into first 2760 AOI Bearish bias: 1 - Holds below 2880s 2 - Breaks and holds below current lows at 2845 KL Economic outlook: In terms of economic events this week, we have a lot to unfold as we are in a new business month. To begin this week, We have United States ISM Manufacturing PMI and during the second half of the week will be our main focus as we have United States ISM PMI Services data, Initial Jobless Claims, NFP and Unemployment rate. 1 - Monday : ISM Manufacturing PMI 2 - Wednesday : ISM PMI Services 3 - Thursday : Initial Jobless Claims 4 - Friday : NFP, Unemployment Rate Daily Reminder: -Caution- Stay Smart, Trade safe, follow your trading plan, follow your risk management plan, focus on long term vision, keep emotions out and avoid crashing your account.
OANDA:XAUUSD
by KamauRemmers