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Bearish drop off pullback resistance?GBP/USD has rejected the resistance level, which is a pullback resistance, and could potentially drop from this level to our take profit target. Entry: 1.3342 Why we like it: There is a pullback resistance level. Stop loss: 1.3442 Why we like it: There is a pullback resistance level. Take profit: 1.3160 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
Sharing of the Trading Strategy for Next WeekIn the short term, the trend of the EUR/USD is dominated by the non-farm payrolls data and technical aspects, with a fluctuation range of 1.12-1.16. In the medium to long term, the US dollar faces structural pressures, and the euro is likely to gradually strengthen to 1.30. However, it is necessary to be vigilant against the periodic corrections brought about by policy divergences and geopolitical risks. Trading Strategy: buy@1.12800-1.13000 TP:1.15000-1.16000 you are currently struggling with losses, or are unsure which of the numerous trading strategies to follow, at this moment, you can choose to observe the operations within our channel.
Long
by HilaryBloomer
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 mrsamfx81
ASAHI SONGWON : Chart Pattern Breakout#ASAHISONG #cupandhandle #chartpattern #breakout #swingtrade #swingtrading ASAHISONG : Swing Trade >> Chart Pattern Breakout soon >> Cup & Handle Visible >> Volumes Dried up >> Good Strength in Stock Swing Traders can lock Profit at 10% and keep Trailing Disc : Charts shared are for study Purpose & not a Trade Recommendation Pls do uour Own Analysis or Consult ur Financial Advisor before taking any position, Dont go all in...plan ur Trades with Proper Position Sizing, Risk Management and clear plan.
NSE:ASAHISONGLong
by moneyfesttrading
GBPNZD At a important pointAccording to the GBPNZD situation it's a important price. because : 1. The waves shows that the slop of bearish legs is increasing and the time of bullish legs is increasing too. these two contradict each other. 2. we have a bullish trend line and a support level (2.20911 -2.21792) at the daily timeframe that price can revers there. 3. also we had a strong bearish movement. and above price is a resistance level (2.23268) too. these all shows that we should have two scenarios : 1. after a good candlestick on the support level (2.20911 -2.21792) and trendline and break the resistance level (2.23268) in daily or 4H timeframe we can buy. 2. after breaking the support level (2.20911 -2.21792) and the trendline with a strong bearish candle at daily or 4H timeframe we can sell. the targets of both scenarios is evident. after the scenarios happen i will update the analysis. It's just my personal analysis and I have no responsibility for your trades. thanks for your attention.
by Arco-ir
2
Nasdaq – Daily Breakout Alert!📈 Nasdaq – Daily Breakout Alert! Wonderful breakout spotted on the Nasdaq Daily Chart after a prolonged consolidation of nearly 2 months. If the price sustains above 19,945 and breaks past the key resistance at 20,060, we could witness the beginning of a fresh rally in the index. 🔍 All eyes now on the price action in this critical zone. Continuation above these levels could trigger strong bullish momentum — assuming no major global turmoil disrupts the setup. #NASDAQ #Breakout #TechnicalAnalysis #USMarkets #BullishSignal #ChartWatch #TradingView
CME_MINI:NQ1!
by ispark4u
CNERGY | Rising Wedge & Bearish Divergence!Two sign of danger Rising Wedge Pattern and Bearish Divergence with Volume indicator Rising Wedge Pattern: Characteristics: Converging trend lines with higher highs and higher lows, narrowing range. Interpretation: Bearish reversal pattern, weakening buying pressure. Trading Strategy: Short selling after break below lower trend line, set stop-loss above upper trend line. Confirmation: Decreasing volume and other indicators like RSI or MACD can add to bearish implications. Bearish Divergence with Volume: When you see a price increase accompanied by decreasing volume in technical charts, it's often considered a bearish sign. Weakening upward momentum: Decreasing volume during a price increase can indicate that the upward momentum is losing steam. This could be due to a lack of buyers or interest in the stock at current prices. Potential reversal: A price increase on low volume might suggest that the trend is about to reverse. If there's not enough buying pressure to sustain the price increase, sellers might step in, causing prices to drop. False breakout: Decreasing volume during a price increase can also indicate a false breakout. If the price breaks out above a resistance level on low volume, it might not be a genuine breakout, and prices could fall back below the resistance level.
PSX:CNERGYShort
by mbaberhanif
Rotating out of defensive, bear trap seen on CokeNYSE:KO had enjoyed a strong upside since Jan 2025, netting a gain of more than 20%. However, recent price action has suggest that Coke is looking at a near-term correction after a bearish morning star was see forming at 72.00 psychological resistance. Furthermore, the stock has formed a bull trap where it fails to close above 3% after breaking 72.00. MACD remain bullish on the longer-term horizon but stochastic oscillator has shown an overbought signal and forms a bearish divergence. 23-period ROC also display similar outlook. Volume has picked up and is likely going to see further downside pressure. Key support to watch are at 68, 65 and 63
NYSE:KO
by William-trading
2
THE EUR/USD IS DROPPING! DONT MISS OUTI believe the EURUSD will drop SIGNIFICANTLY (to around 0.8). Here is why: Europe’s economy is spiraling out of control. Manufacturing is contracting, with the latest PMI figures showing a disastrous 45.1—FAR FAR BELOW the 50 threshold that indicates growth. Energy prices are skyrocketing, businesses are struggling, and consumer confidence is plummeting. The European Central Bank (ECB) is in a state of desperation, resorting to crazy interest rates to salvage the economy, but its efforts are only making the euro less appealing to investors. The ECB’s actions are signaling its desperation. Governing Council member Yannis Stournaras has already hinted at aggressive rate cuts throughout 2025, aiming to bring rates down to 2% by the end of the year. This move is a death sentence for the euro. Lower rates mean reduced demand for the currency, and investors are fleeing to safer assets. The ECB is essentially handing victory to the dollar on a silver platter. While the euro is experiencing a significant decline, the U.S. dollar is experiencing a remarkable surge. The Federal Reserve is adopting a cautious approach to rate cuts, indicating that the U.S. still offers higher returns on investments, making the dollar far more attractive compared to the euro. So, investors are abandoning euros and hoarding dollars, accelerating the downward spiral of the euro’s value. Which would in turn make the EURUSD drop Furthermore, the recent strength in the euro was merely a mirage, as history suggests that such rallies cannot endure. The underlying fundamentals are fundamentally flawed, with the U.S. economy outperforming Europe in terms of growth, innovation, and resilience. The euro’s rise was unsustainable, and now reality is crashing down upon it. The market is correcting, and the euro is plummeting. Moreover, the bond markets are in turmoil. The U.S. bond market has been aggressively sold off, but China is ramping up its purchases of 10-year T-bills. This influx of capital into the U.S. is further strengthening the dollar, making it difficult for the euro to compete with the demand for U.S. assets. Additionally, the uncertainty surrounding the trade war between the U.S. and China has shaken global markets. Investors are panicking and seeking safe havens, but the euro is not one of them. The uncertainty surrounding U.S.-China trade relations is driving capital into the dollar, leaving the euro to deteriorate further. Lastly, my technical analysis suggests that the EUR/USD is in freefall. The pair began 2023 on a rocky path, dropping 0.8% on the first trading day of the year. It has broken key support levels, and traders are rapidly turning bearish. I am expecting a catastrophic crash for the euro based on trendlines, RSI levels and more from the monthly charts, weekly, daily, and even the 4H. No matter what chart you use they all suggest the same idea. The EURUSD will drop. So I’m shorting. If I am wrong then what the EURUSD has been doing for the past 17 years is about to somehow change, and the news is wrong, the charts wouldn’t add up etc. in that crazy scenario, sure the EURUSD may rise a bit but let me tell you guys.. I am so sure of this, more sure than any other trade. Do your own research and don’t just blindly believe me, but I will be shorting.
Short
by SethGoforth
1
#202518 - priceactiontds - weekly update - oilGood Evening and I hope you are well. comment: Bears defended the breakout area and kept the market in a bear trend. Bulls tried to print a higher low with a decent bull reversal bar on Thursday. Now what? No idea. Oil below 60 is a big thing and staying below is somewhat low probability, given the past 6 years. The chart is still pretty bearish and if you want to be a bull and look at this, would you be thrilled to buy it at 58? I’m not sure. If you could hold below 53 and add lower as well, sure but as of now, bulls have not done enough to convice me this is a credible bottom. current market cycle: trading range on monthly tf and bear trend on the daily key levels: 54 - 65 bull case: Bulls want to keep Thursday the higher low and go up from here. Above 60 they are slightly favored to test 62/64 again but one could also draw another bear trend line from 71.66 to 63.9 from last Monday. So buying here is not favorable, no matter how you look at this chart. Only above 65 do bulls take control again and can test the next bigger bear trend line around 67. Invalidation is below 54. bear case: Bears kept the bounce around the breakout area from the W1 low. Now they need to make lower lows to confirm the acceleration of this bear trend. If they fail, this will become fuel for the bulls to test back up to either 67 or even the W2 high at 71.66. My line in the sand for the bears is a daily bull bar close above the daily 20ema. If bulls can get that, I think more bears will give up. Until then, bears are slightly favored, especially below 56.29 to test 54.48 again. Invalidation is a daily close above 62 and for sure anything above 65. short term: Neutral around 58. Below 56.29 I think we can do 54.48 or lower and above 62 I expect more upside for 64 or higher. medium-long term - Update from 2025-04-27: This does look like another bear trap below 60, which was to be expected.
NYMEX:MCL1!
by priceactiontds
EURUSD Bulls Reloading — Big Week Ahead? FOMCEURUSD has been riding the uptrend for a while now, but we’ve finally hit a bit of a pause. Recently, the pair posted one of its biggest up-days since 2009 — a huge bullish signal — and momentum carried it even higher! 🔥 Now, price has pulled back slightly from the highs, with last week showing a modest dip as the dollar regained some strength. I do expect we could see a little more pullback in the short term… but overall, my bias remains bullish. I believe the uptrend is still intact, and we could see EURUSD push higher again this week! 📈 What’s your view? Are you buying the dip or expecting a deeper correction? Drop your thoughts below — and if you found this analysis useful, a boost or follow is always appreciated! 🙌
Long
by omz_zz
1
Trend Analysis and Trading Tips for the Gold MarketThe market is deeply trapped in the tariff issue. US stocks and the US dollar are in urgent need of economic data to boost their performance. If the April NFP data is poor, it will trigger a selling spree in the market, and the risk of economic recession in the United States will increase. On the contrary, the significance of good NFP data far exceeds the data itself. From a technical perspective, when the data is bearish, the upward pressure on the gold price doubles. Overall, it is highly likely that the April NFP data will be bearish for the gold price and drive it down. The fact that the gold price hit a low of nearly 3,220 yesterday also confirms this expectation. In addition, good data reduces the market's expectation of the Federal Reserve's interest rate cut. Since an interest rate cut by the Fed is bullish for the gold price, and vice versa. The tariff issue is likely to cool down soon. Although it doesn't mean the end, it will still suppress the gold price. Recently, we have accurately grasped the gold market, attaching equal importance to fundamental and technical analysis. In the following period, the market will still fluctuate around fundamental news such as the tariff issue. If the NFP data exceeds expectations and the tariff issue takes a turn for the better, the risk aversion sentiment will fade away, and the gold price is highly likely to retrace. It is recommended not to rush to buy at a higher price next week. I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
FOREXCOM:XAUUSD
by H_C_12
Analysis of Gold's Trend and Trading Suggestions for Next WeekAfter the release of the non-farm payrolls data, the market reacted quickly but showed a divergent trend, bringing a short-term boost to market confidence. However, the downward revision of historical data and external uncertainties still keep investors cautious. In the short term, risky assets may still have some room for growth, but in the medium to long term, downward risks are gradually accumulating. From a technical perspective, in the 1-hour K-line chart of gold, the moving average system shows an obvious bearish arrangement with a death cross pointing downward, and each moving average continues to diverge downward, indicating that the short-term bearish force is dominant. Currently, the gold price is falling back under the pressure at the level of 3,270. Judging from the subsequent trend, around 3,270 will become a key turning point in the battle between bulls and bears for gold next week. Although there has been a rebound in the price of gold, the rebound range is relatively limited compared to the previous decline, which further shows that the bullish force has not fully taken the upper hand. If the gold price continues to be under pressure at the level of 3,270 and fails to break through effectively next week, the market is likely to continue in a range-bound pattern. In the short term, it will be difficult for the bulls in the gold market to achieve a trend reversal. Investors need to pay close attention to the breakthrough situation of this key price level and the changes in trading volume to grasp the subsequent market trend. XAUUSD sell@3255-3265 tp:3240-3220 Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
FOREXCOM:XAUUSDShort
by VolatilityWise
XRPUSD Possible Scenarios Refer to the support and resistance level drawn on the chart; there are 3 possible scenarios that might occur. 1. If the price breaks the resistance, it may continue the uptrend. 2. If the price is still within the support and resistance level, it may continue sideways. 3. If the price breaks the support, it may continue the downtrend. At this moment, there is hidden divergence appearing on XRPUSD as if it will strengthen the bearish mood. If the price breaks the resistance level, the hidden divergence will be cancelled. This is just my opinion. Not recommended to buy or sell.
BITSTAMP:XRPUSD
by AdamIdris2
3