Spy $615 What? is it happening this is a short thesis road bk to $615 last time we were so close we hit $613 now my assessment is seeing Road back to $615 I do anticipate it open Monday around $598-$601 Max target we do have very strong support around 588ish which I don't think we see unless markets grab liquidity to wipe out calls and trap shorts Which is very common these Days.. I will Keep updating this is my personal thesis i think the correction is over and we are heading back to $615 Come Monday Morning Ill post and see what my bot foresees as well as my Price forecast to give an extra confidence boost on the thesis... as Always traders good luck and safe trades
Trend Analysis
BITCOIN BEFORE & AFTER READ IN CAPTIONSBitcoin (BTC/USD) on a 1-hour timeframe, where the target of 82,622 has been successfully completed. The price was moving within a downward channel, facing resistance at higher levels and bouncing off a support level. After hitting the target, the price has started to rebound, showing potential for further movement or a reversal toward higher levels.
GBPUSD LONGOn the Daily Timeframe, price moved out from an Area of interest and and might be seeking the next area of value due to the lower timeframe of Price Action forming.
4H/1H - Price is trading around the base of an ascending channel which might be signifying a possible change of lower timeframe trend. If the base hold then I'll be waiting for a M15 Flag which I will taking a RE or RRE on it.
Bitcoin (BTC/USD) Technical Analysis – Daily Timeframe Bitcoin (BTC/USD) Technical Analysis – Daily Timeframe
This chart presents a technical breakdown of Bitcoin (BTC/USD) using supply and demand zones to anticipate potential price movements. It reflects a bearish bias as price action shows rejection from the supply zone (sell zone) and an expected drop toward the demand zone (buy zone).
🔍 Key Chart Elements
1. Supply Zone (Sell Zone) – Resistance Area
The supply zone is highlighted in the upper region, approximately between $86,000 and $88,000.
This area represents a strong resistance where sellers are active, preventing further price increases.
Bitcoin recently tested this zone but failed to break above, leading to a price rejection.
2. Demand Zone (Buy Zone) – Support Area
The demand zone is marked in the lower region, around $69,000 to $67,000.
This is a historical support level where strong buying interest is expected.
If Bitcoin reaches this level, a potential bullish reversal could occur.
📉 Bearish Price Projection
The chart includes a downward arrow, indicating an expected bearish movement from the supply zone toward the demand zone.
Reason for the expected drop:
BTC is struggling to gain momentum above $86,000, showing signs of weakness.
The recent bearish candles suggest increased selling pressure in the market.
A failed breakout above resistance increases the likelihood of a downward move.
Price Targets:
First target: Around $74,000, a potential minor support.
Second target: Around $69,000, which aligns with the demand zone and could act as a strong support level.
🔄 Potential Alternative Scenario – Bullish Breakout (Low Probability)
If BTC manages to break above the $88,000 resistance level, it could trigger a bullish rally.
In this case, the next targets would be $92,000 and $96,000.
However, given the current market structure, this is a less likely scenario unless buying momentum increases significantly.
NAS100 BUY ANALYSIS SMART MONEY CONCEPT Here on Nas100 price has form a a demand around area of 20676.30 which is likely to continue moving up as more traders will likely to come and push the price up so trader should go for long with expect profit target of 21349.74 and 21946.22 . Use money management
USD/CHF 4-Hour Timeframe AnalysisUSD/CHF 4-Hour Timeframe Analysis
The USD/CHF pair is exhibiting strong indications of potential bearish momentum following a rejection at a major key resistance level. After forming a double top at 0.92000, the price has consistently produced a sequence of lower highs (LH) and lower lows (LL), confirming a bearish market structure. During this downtrend, we have identified significant minor and major key levels that are likely to influence future price movements.
A critical area of interest is the 0.90100 level, which previously served as minor support. The price recently broke below this level, facilitating the accumulation of a substantial volume of seller orders, eventually driving the price down to the next minor key support at 0.89000. Despite reaching this support, we anticipate a liquidity hunt where the price may temporarily retrace to capture stop-losses within the liquidity zone before resuming its downward trajectory.
Our strategy involves waiting for the price to execute a liquidity hunt, targeting stop-losses placed by large-volume sellers within the identified liquidity zone. Once this liquidity grab occurs, we will await a confirmed 4-hour candle close below the minor key level before initiating a sell order. We have set a sell limit at 0.90070, with a stop-loss (SL) positioned at 0.90810 and a take-profit (TP) at 0.88920, aligning with the next significant support level.
Fundamental Insight:
Recent macroeconomic data adds further weight to our technical analysis:
SNB Policy Outlook: Any indications of a hawkish stance or reduced likelihood of rate cuts from the Swiss National Bank (SNB) could strengthen the CHF, reinforcing the bearish outlook for USD/CHF.
US Economic Data: Soft U.S. economic indicators, including weaker-than-expected employment figures or declining inflation, may exert downward pressure on the USD, further supporting our bearish bias.
Market Sentiment: Heightened global uncertainty may increase demand for the Swiss Franc as a safe-haven asset, adding further downside potential for the USD/CHF pair.
Market Outlook:
Considering the confluence of technical patterns and fundamental drivers, we maintain a bearish outlook on USD/CHF. However, it is imperative to confirm the anticipated liquidity grab and observe a 4-hour candle close before proceeding with trade execution.
Trade Parameters:
Entry: Sell limit at 0.90070
Stop Loss: 0.90810 (above the recent lower high)
Take Profit: 0.88920 (next minor key support level)
📌 Disclaimer:
This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
PLTRPLTR hit the 1.0 I have been waiting for and looks primed for a move higher. The main question I am asking myself, is this just wave A, or is it all of wave (4). We've hit the target area for wave (4), but it was very short. Wave (2) was long, so I expect (4) to be short, but damn, talk about SHORT lol. This consolidation has lasted all of 9 days (7 trading days). This next move higher will tell us the answers we seek based upon the structure that it takes on. If it appears corrective in nature, then it is likely wave B carving itself out. Should it be impulsive in nature, then we know that (4) was short, and we're within wave (5) already. Either way I see this though, we should be moving up very soon if not already starting to.
USOIL As we can see price is approaching the previous highs that supply was made .This level is now a resistance point . In current trades , traders can secure a profit target at that level .
Now If the price breaks that level which is 70.32, we can expect price to further on continue a bullish movement towards 71.13 after a break and retest depending on the momentum of the market .
Traders are therefore encouraged to look at these key levels if we expect a beginning of a bullish trend.
Further swings could be aimed at 71.55 - 71.98
Wish you the best of luck 💯
NZDUSD Ready for a Bullish MoveHello Traders
In This Chart NZDUSD HOURLY Forex Forecast By FOREX PLANET
today NZDUSD analysis 👆
🟢This Chart includes_ (NZDUSD market update)
🟢What is The Next Opportunity on NZDUSD 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
GBP/NZD: let's take profit occur before buying againWith strong bullish momentum, GBP/NZD remains attractive for long positions. Fundamentals favor the GBP over the NZD, while technicals suggest room for further upside.
Fundamentals:
- GBP Strength: Hawkish Bank of England and resilient UK economy.
- NZD Weakness: Recession in New Zealand and dovish RBNZ policy weigh on the NZD.
Trade Idea
- Buy Zone: 2.1945-2.2200. This level corrispond to 0.5 Fibo and also 4h demand.
- Targets: 2.2440, then 2.2800.
- Stop Loss: Below 2.1800.
Important: enter just in case of rejection! it means that price will need to go in the buy zone area and then have a strong upside (CHOC, COS on lower TF).
If you follow me, you will receive updates so you know when and where I enter, close, TP.