US30 Short IdeaPrice action should go above to rest above the liquidity and take it to go back all the way down to daily support zone
Trend Lines
NZDUSDRSI indicates Bullish Divergence.
Trendline Break: A break above a significant downtrend line signals a shift in market sentiment from bearish to bullish. This is a key technical signal that buyers are starting to gain control.
Bearish continuation Price is looking weak. So I expect the precious weeks lows to be taken. We've tapped into an orderblock and I expect that to be the zone of the reversal
GBPUSD → Correction before bullish trend continuationFX:GBPUSD has been rising for the last month and a half as the market sentiment and the behavior of the dollar, which is gradually updating lows.
The tariff war by trump is just in full swing. The dollar continues its correction on the back of US politics as well as inflation data.
GBPUSD at this time is trading in the bullish zone, above the support at 1.262 - 1.2576. Thus, within the framework of the correction, which has been observed since the opening of the European session, the price may test the liquidity area before further growth.
Resistance levels: 1.2718, 1.2678
Support levels: 1.262, 1.2576
The local trend is bullish and the price is forming a local correction. In this case, it is worth looking for strong support zones with the purpose of rebound and continuation of growth. Targets in this case are intermediate highs: 1.2718, 1.2811
Regards R. Linda!
USD/JPY Bearish Breakdown: Eyes on 148.39 Support! USD/JPY Technical Analysis – February 24, 2025
USD/JPY continues its bearish momentum, having already broken below 149.67, confirming further downside pressure. The price is now stabilizing around 149.33, and as long as it remains below the 151.04 resistance, the bearish trend is intact.
A further drop toward the 148.39 support zone is now likely, with an extended bearish target at 147.82.
However, a potential correction toward 151.04 - 151.79 could occur before continuing downward. If USD/JPY reclaims 151.04, it could become volatile and attempt a push toward 151.79 before deciding on the next direction.
Key Levels to Watch:
Pivot Point: 149.678
Resistance Levels: 151.04, 151.79, 152.64
Support Levels: 148.39, 147.82, 146.33
📉 Directional Bias:
Bearish continuation expected toward 148.39 - 147.82 as long as below 149.67
💬 Will USD/JPY reach 148.39 next, or will it retrace before another drop? Let’s watch the price action! 🚀🔥
Trading Signans for EUR/USD sell below 1.05280The upcoming week is filled with important fundamental events, which puts the EUR/USD pair at a critical juncture -it could either move toward the 5th figure range or descend to the 3rd figure range. Last week, the EUR/USD recorded a high of 1.0507 and a low of 1.0401, closing on Friday at 1.0461, which is essentially in the middle of this price range. This outcome reflects the indecision among both buyers and sellers in the EUR/USD market.
EUR/USD LONGEUR/USD LONG "break of a resistance area and retest +38.2% fib retracement + 50 ema dynamic support + trendline "
USDCHF SELL 0.9000On the daily chart, USDCHF fell back from a high level, and the short-term bears are in an urgent position. At present, we can pay attention to the resistance near 0.9000. If the rebound is blocked, we can consider shorting. Pay attention to the area near 0.8900 below. After breaking through, the support below is near 0.8800.
USD/CHF - 1H Analysis & Prediction📈 USD/CHF - 1H Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 0.90892 - 0.90933 - Major supply zone (resistance).
✅ 0.89139 - 0.89335 - Major demand zone (support).
✅ Break of Structure (BOS) confirms bearish sentiment but a pullback is expected.
🚀 Bullish Retracement Scenario:
🔹 Price is currently bouncing from the demand zone (0.89139 - 0.89335).
🔹 A retracement towards the 0.90892 - 0.90933 supply zone is likely before further downside movement.
🔹 Fibonacci retracement levels suggest price may react around 0.89931 (0.786 level) before moving up.
📉 Bearish Continuation Scenario:
🔹 If price rejects 0.90892 - 0.90933, it could drop back towards the 0.89139 - 0.89335 support.
🔹 A break below 0.89139 could lead to further bearish continuation.
💡 Trading Plan:
✅ Look for sell confirmations in the 0.90892 - 0.90933 zone.
✅ Potential buy setups from the current demand zone if bullish confirmations appear.
✅ Be cautious of liquidity grabs before entering trades.
#FXFOREVER #USDCHF #SmartMoney #PriceAction #ForexTrading #LiquidityHunt
EUR/USD - H1 Analysis & Prediction📈 EUR/USD - H1 Analysis & Prediction
🔹 Key Levels & Market Structure:
✅ 1.05342 - Potential retest level before continuation.
✅ 1.06003 - Major supply zone, watch for price reaction.
✅ BOS (Break of Structure) confirmed, signaling bullish momentum.
🚀 Bullish Scenario:
🔹 If price successfully retests 1.05342, expect a move towards 1.06003.
🔹 A strong break above 1.06003 could indicate further upside potential.
📉 Bearish Scenario:
🔹 If price fails to hold 1.05342, it may retrace lower towards demand zones.
🔹 Watch for liquidity grabs and potential reversals before entering trades.
💡 Trading Plan:
✅ Look for bullish confirmations at 1.05342 for potential long entries.
✅ Monitor price action in the 1.06003 supply zone for reactions.
✅ Break above 1.06003 confirms strong upside momentum.
#FXFOREVER #EURUSD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt
Will USD/JPY Correct After Hitting Key Resistance?After analyzing multiple charts, the USDJPY chart reveals a potential correction as the price encounters resistance at a broken weekly trendline, now serving as a key supply zone. The steep uptrend appears overextended, increasing the likelihood of a retracement as the market consolidates gains. A breakdown of the rising support trendline could signal a shift toward bearish sentiment, with Fibonacci retracement levels offering critical targets for the correction.
Key Levels to Watch:
• 38.2% Retracement: 154.377
• 50.0% Retracement: 153.281
• 61.8% Retracement: 152.185
Stay sharp and trade smart as we head into the new year! 🎉
EURUSD InsightHello, subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- The U.S. February Services PMI preliminary reading came in at 49.7, falling below the benchmark 50 for the first time in 25 months.
- The finalized U.S. 1-year inflation expectation was confirmed at 4.3%, matching the preliminary reading but surging 1.0% from the previous month. Meanwhile, the finalized 5-year long-term inflation expectation was revised up by 0.2% to 3.3%.
- The South China Morning Post reported that a Chinese research team has discovered a new bat coronavirus that uses the same human receptor as the virus causing COVID-19, posing a potential risk of animal-to-human transmission.
- In the German federal election, the center-right Christian Democratic Union is expected to win. Markets are closely watching whether Germany’s constitutional "debt brake" will be eased after the election.
Key Economic Events This Week
+ Feb 24: Eurozone January CPI
+ Feb 25: Germany Q4 GDP
+ Feb 27: U.S. Q4 GDP
+ Feb 28: Germany February CPI, U.S. January PCE Price Index
EUR/USD Chart Analysis
The upward trend remains intact; however, the pair is struggling to break through the previous high. If it successfully surpasses this resistance level, a short-term rise to the 1.06000 level is expected, while in the mid-to-long term, it could form a peak around 1.08000.
However, if it fails to break through the 1.05000 resistance, a pullback toward 1.02000 may occur, after which the market will likely determine its next direction.
Price Action Analysis: Key Levels and Future ScenariosAfter analyzing multiple timeframes, we can see that the price managed to rise to 150.738 on Friday, 21st of February. However, after encountering resistance, it reversed and broke the support level at 149.568.
Additionally, the price has been trading within a channel since Monday, 23rd of December 2024, consistently respecting the lower boundary of the channel four times in the past. The previous support at 149.568 has now turned into a resistance level.
Given the price’s historical respect for the channel, we expect it to follow the same pattern. If the price breaks above the fresh resistance at 149.568, the next target will be 152.000. On the other hand, if the price fails to break this resistance, the next support level lies at 147.208.
For the long run, ensure you follow proper risk management strategies. Happy trading!
BIST 100 WEEKLY PROFILESorry guys. But it has Huge bearish diveegences momentum. Large speculators opened many short positions. Also adding more...
QUALYS / QLYS Possible scenarioUpmove, correction, trendline break, correction, up up up...
A good starting point for tat would be the .618 retracement, dont you think?
Leave a like and feel free to comment and discuss...
Bitcoin Breaks Uptrend line– Is a Crash Coming?As I expected in the previous post , Bitcoin ( CRYPTO:BTCUSD ) started to rise and reached the upper areas of the Resistance zone($100,520-$97,260) .
Bitcoin is moving in the Resistance zone($100,520-$97,260) and has managed to break the Uptrend line .
According to Elliott's wave theory , Bitcoin seems to have finally completed the main wave C .
I expect Bitcoin to attack the Heavy Support zone($93,300-$90,500) and Support lines once again, this is likely to be a heavy drop .
Note: If Bitcoin breaks the Resistance zone($100,520-$97,260), we expect more Pumps.
Do you think Bitcoin can break the Heavy Support zone($93,300-$90,500) or not?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Paycom Software Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Paycom Software Inc Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey | Subdivision 1
* 1st Retracement(Gap Fill) | 0.5 Area & Entry Bias
- Triple Formation
* Trendline 1&2 | Wedge Structure & Resistance Area | Subdivision 2
* 2nd Retracement Configuration | 0.618 Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* 012345 Wave Feature
* Ongoing Entry & Bottom Structure Demand
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
GBPUSDAs we see we are in up channel and we have tow strong support 1.25066 is equal to 50% fibo for the last up move and the downlin of our channel
now is the price come back to this level and shw as a revesal pattern we take log to the channel up line
if the price break the level we waiting for reteste and confirmation we take short for the next support at 1.23723
LR
PARESHANI continues!!As we can see NIFTY despite its weakness has not reached our demand zone and our psychological level of 22500 hence these is more room for fall till signs of REVERSAL is seen around these zones and trendline support for a new trend so plan your trades accordingly and keep watching.
Embraer S.A. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Embraer S.A. Stock Quote
- Double Formation
* (Uptrend Argument)) | Completed Survey | Subdivision 1
* (Area Of Value)) At 36.00 USD | Bottom Structure
- Triple Formation
* ABC Flat Feature & Potential Entry | Subdivision 2
* 1st Retracement Configuration | 0.5 Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Long Condition)) At 50.00 USD
* Ongoing Entry & Channel Feature
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Woodward Inc Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Woodward Inc Stock Quote
- Double Formation
* 1st Retracement At 0.786 Area | Completed Survey
* (Intraday Uptrend)) & Gap Fill | Subdivision 1
- Triple Formation
* ABC Flat Feature & Potential Entry | Subdivision 2
* 2nd Retracement Configuration | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Neutral Area)) At 220.00 USD
* Ongoing Entry & Wave 3 Feature | Downtrend Continuation
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
