Falling towards 61.8% Fibonacci support?GBP/CHF is falling towards the support level which is a pullback support that line sup with the 61.8% and the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 1.0897
Why we like it:
There is a pullback support level that aligns with the 61.8% and the 38.2% Fibonacci retracement.
Stop loss: 1.0786
Why we like it:
There is a pullback support level that line sup with the 61.8% Fibonacci retracement.
Take profit: 1.1038
Why we like it:
There is a pullback resistance level.
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Chart Patterns
Bearish drop?NZD/JPY is reacting off the resistance level which is a pullback resistance and could potentially drop from this level to our take profit.
Entry: 86.13
Why we like it:
There is a pullback resistance level.
Stop loss: 87.27
Why we like it:
There is a pullback resistance level that lines up with the 78.6% Fibonacci projection.
Take profit: 85.10
Why we like it:
There is an overlap support level that aligns with the 61.8% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
PARTI/USDT – Is the sleeper altcoin waking up? well well well...🎯 PARTI/USDT – Is the sleeper altcoin waking up?
Date: May 5, 2025
After weeks of sideways consolidation, PARTI/USDT is showing early signs of life. A strong daily candle has just pushed above the local resistance zone around $0.2285–$0.2390, hinting at a possible trend reversal. Price is riding the 4EMA (currently at $0.2045), which is now curving upward and acting as dynamic support.
📈 Bullish Signals:
RSI at 60.28: Momentum is strengthening but still leaves room for further upside before being overbought.
Higher lows forming since mid-April indicate growing buying pressure.
Breakout above previous highs confirms bullish intent, at least in the short term.
🔑 Potential Entry Points:
Aggressive entry: Around $0.2390 (breakout zone).
Conservative entry: Retest of $0.2285 or EMA bounce near $0.2050.
✅ Validation/Invalidation:
Valid as long as the price holds above $0.2050 (EMA + previous structure).
Invalidation below $0.1950 – would signal failed breakout and potential return to range.
🎯 Upside Targets:
TP1: $0.3419 – previous key resistance, likely to be tested if momentum continues.
TP2: $0.4393 – a more ambitious target, representing a full breakout continuation.
🧠 Extra Note: Volume is starting to pick up — keep an eye on follow-through. A low-volume breakout could be a trap, while strong volume confirmation would validate this move.
what do you think about?
good trading!
Bitcoin H4 | Potential bullish bounceBitcoin (BTC/USD) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 91,933.60 which is a swing-low support that aligns close to the 23.6% Fibonacci retracement.
Stop loss is at 87,400.00 which is a level that lies underneath a pullback support.
Take profit is at 99,342.60 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
SPY - support & resistant areas for today May 5 2025These are Support and Resistance lines for today, May 5th, 2025, and will not be valid for the next day. Mark these in your chart by clicking grab this below.
Yellow Lines: Heavily S/R areas, price action will start when closing in on these.
White Lines: Are SL, TP or Mid Level Support and Resistance Areas, these are traded if consolidation take place on them.
Silver Lines: An Area where price action could happen and do work on a choppy day.
Bullish bounce off pullback support?CAD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 103.77
1st Support: 103.11
1st Resistance: 105.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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USDJPY Analysis Today: Technical and Order Flow !In this video I will be sharing my USDJPY analysis today, by providing my complete technical and order flow analysis, so you can watch it to possibly improve your forex trading skillset. The video is structured in 3 parts, first I will be performing my complete technical analysis, then I will be moving to the COT data analysis, so how the big payers in market are moving their orders, and to do this I will be using my customized proprietary software and then I will be putting together these two different types of analysis.
Gold is stimulated to rise stronglyGold has risen strongly as a safe haven, breaking the shock of last week. The current 3328 line is under strong pressure again, and it is recommended to short. Gold has risen and reached the key resistance level in the previous period. Gold has broken through upward without falling back, which means there is no opportunity to go long. First look at the short side to see if it will fall back and adjust. Gold operation is recommended to short on rebound and go long on pullback. Focus on the resistance level of 3330 and the support level of 3260.
BTC/USDT – Weekly Chart Analysis (Long-Term View)BTC/USDT Chart Pattern: Multi-Year Cup and Handle Formation
The chart shows a textbook “cup and handle” formation, a highly reliable bullish continuation pattern. This pattern has played out over several years (2021-2025), indicating long-term accumulation and a breakout attempt.
Cup Phase:
Extended from mid-2021 to early 2024.
Formed a deep and rounded base, often indicating institutional accumulation.
The rounded lows reflect a gradual sentiment recovery from the 2022-2023 bear market.
Handle Phase:
A short-term consolidation after moving above the $70,000-$74,000 resistance area.
Price action pulled back marginally after hitting $110,000, forming higher lows near $85,000.
The structure resembles a bull flag or pennant, which is usually seen before the next upward move.
Key Support and Resistance Areas:
Key Support $70,000–$74,000. Previous resistance turned into support
Psychological Support $85,000 Local Retracement Low
Immediate Resistance $100,000–$110,000 Near ATH, selling pressure area
Long-term Target $130,000+ Measured move from cup pattern
Volume: Volume was high during the breakout from late 2024 to early 2025, which validates the breakout from the cup resistance area.
If BTC breaks above $100,000–$110,000 with strong volumes, we can expect continuation towards:
$130,000 (short-term target)
$150,000–$180,000 (extension based on pattern symmetry)
Bearish Risks:
Failure to hold $85,000 could lead to a retest of the $70K support area.
Sustained breakdown below $70K would invalidate the bullish pattern, but this seems unlikely given the strong fundamentals and macro structure.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
Has Bitcoin Begun Its Final D-Leg Correction?Bitcoin could be starting the final stage of a larger corrective pattern — known as the D-leg — which often follows major trends in the market. This kind of structure typically forms after a big move up, and signals that the market might need a deeper reset before continuing higher.
Recently, Bitcoin was rejected from a key resistance zone around $98,300, which aligns with several technical indicators including a major daily support/resistance flip, the 0.618 Fibonacci retracement, and the Point of Control (a price level with the most traded volume). This rejection has sparked concerns that a local top may already be in for this cycle.
Why This Matters:
If Bitcoin fails to hold its current support levels, we could see a continuation to the downside, with targets potentially reaching sub-$60K levels. This aligns with a broader corrective pattern some analysts call an ABCD structure — where the D-leg often marks the final leg down before the next larger trend can begin.
This scenario becomes more likely if the current support zone breaks down, which would confirm a shift in market structure. Until then, there’s still room for price to range or attempt another retest of the highs, but caution is warranted.
What’s Next:
Watch for a breakdown below the recent lows — this would strongly suggest the D-leg is underway.
A confirmed breakdown would likely lead to a longer correction over the coming weeks or months.
However, if Bitcoin reclaims resistance above $98,300, this bearish outlook could be invalidated and the structure may reset.
Right now, we’re at a major decision point in the market. While the signs are stacking in favor of a deeper pullback, it’s important to wait for price to confirm with structure and volume before acting on it.
XAUUSD H4 | Bearish Reversal Based on the H4 chart, the price is approaching our sell entry level at 3275.86, a pullback resistance that aligns with the 50% Fibo retracement.
Our take profit is set at 3222.63, an overlap support.
The stop loss is set at 3314.24, a swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
LTC last point of support'' Decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether is ready to be marked up... what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances ''
Failure to get back up above the trading range will result in lower lows, be careful.
Multiple markets Monday the gold came to a 382 which means we should be looking for sellers even though there's no real evidence of selling even to this point at 12:30 p.m. on Monday. I have a bias that the smart money is going to drive the gold lower...... but I need more evidence from the sellers. I think there are similar issues with the ES
EURUSD Will Fall! Short!
Here is our detailed technical review for EURUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.133.
The above observations make me that the market will inevitably achieve 1.125 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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ETHEREUM NEXT BIG MOVE: Smart Money Accumulation? | ETH/USD Chart timeframe: 6H | Exchange: Coinbase
Price at post: $1,816
Ethereum is currently consolidating inside a major demand zone between $1,536 – $1,850, where we’ve seen multiple strong rejections to the downside. This orange zone represents a key institutional accumulation range. Price has tested this area multiple times, building a strong base of support.
Key Technical Highlights:
Demand Zone (Highlighted in Orange): ETH has respected this zone since April, showing accumulation by smart money.
Supply Zone (Blue Zone): Major resistance starts around $2,637, with peak volume interest visible up to $3,557 – a key profit-taking zone if the bullish breakout occurs.
Visible Range Volume Profile: Clearly shows heavy past activity in the upper blue zone. If ETH reclaims $2,000+, expect volume-driven momentum into $2,637 and potentially $3,557.
Bullish Structure Potential: The pattern is forming a potential Wyckoff Accumulation, with Spring & Test around $1,536. Watch for a breakout above $2,000 to confirm a bullish trend reversal.
Short-Term Plan:
Bullish Confirmation Above: $2,000 – look for breakout volume and candle close on the 6H/1D timeframe.
Targets: $2,637 (first take profit), $3,557 (major supply zone).
Invalidation: Break and close below $1,500.
Outlook:
Ethereum looks poised for a significant breakout if the current range holds. Watch for bullish confirmation above key levels, especially as volume begins to rise. The current consolidation might be the calm before a powerful move – don’t miss it.
Do you think ETH will break out or break down? Comment your bias below!
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#ETHUSD #Ethereum #CryptoTrading #SmartMoney #SupplyAndDemand #Wyckoff #LuxAlgo #TradingView #Altcoins #Bitcoin
XAU/USD: NFP has come,What's Next? (READ THE CAPTION)By analyzing the gold chart on the 1-hour timeframe, we can see that after yesterday’s analysis, the price successfully rallied from $3231 to $3268. Once it reached that zone, selling pressure kicked in, and gold has since corrected down to $3239.
If gold stabilizes below $3257, we may expect further downside. The potential bearish targets are $3237 and $3221.
Keep a close eye on the $3209–$3220 zone, as price reaction there could be significant.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GOLD SENDS CLEAR BEARISH SIGNALS|SHORT
GOLD SIGNAL
Trade Direction: short
Entry Level: 3,270.07
Target Level: 3,197.87
Stop Loss: 3,317.86
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 2h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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