Community ideas
at a Tipping Point ,Bearish Liquidity Trap Setting Up on XAU Bias
Bearish until proven otherwise
Entry Zone: 3247–3252 (15M order block & 50% retracement zone)
Trigger
M5 liquidity sweep + bearish CHoCH (watch for another run above 3250 with immediate failure)
Stop Loss
Above 3255 (above most recent swing high)
Target 1. 3208 (recent low)
Target 2. 3175 (liquidity pocket on H1)
RR. Approx. 2.5:1 or higher
Session Focus.
NY open for execution, avoid late session
XAUUSD Still in Major Bullish Trend with Potential CorrectionOANDA:XAUUSD remains in a major bullish trend. Minor trend indicates potential correction before continuing upward. Correction target is the 200 EMA to fill the gap. Stochastic has already flipped downward, showing confluence with divergence.
It's a shame that gold will continue to fallGold Weekly Forecast
Gold closed last week below the previous weekly lows at 3,260, confirming bearish intent. Price has now left behind multiple imbalances from the bullish leg that started at the 3,000 level.
We could first see a retracement to the small imbalance zone around 3,300, followed by a bearish continuation back to the main support/imbalance zone near 3,000.
Sideways price action is likely early in the week — but unless bulls reclaim 3,300+, momentum favors a retest of the base.
Bias: Bearish
Key Zones:
• Resistance / Rebalance: 3,300
• Support / Imbalance Target: 3,000
—
Weekly forecast by Sphinx Trading
Drop your view in the comments.
#Gold #XAUUSD #GoldForecast #LiquidityVoids #TechnicalAnalysis #SphinxWeekly #SmartMoney #FVG #3kLevel
Trade Plan – MGC (Micro Gold Futures) | Sunday, May 4Trend Bias (Multi-Timeframe Analysis):
• 1W: Bullish – Strong macro uptrend with pullback off all-time highs.
• 1D: Bearish – Lower highs and lower lows forming after topping out at $3,509.
• 4H: Bearish – Clean downtrend continuation forming.
• 1H: Bearish – Price rejected lower highs, now curling down again.
• 15M: Bullish – Short-term bounce from $3,210 low, but corrective in nature.
Trade Setup:
• Direction: Short
• Entry Zone: $3,250 – $3,260
• Price has retraced to a lower-high zone under supply; aligns with hourly resistance.
• Stop Loss: $3,270
• Just above 1H structure and 15M failed high.
• Take Profit: $3,210
• Prior swing low and liquidity zone.
#202518 - priceactiontds - weekly update - bitcoinGood Evening and I hope you are well.
comment: Only Thursday was bullish and right now market is trying to decide if this breakout was legit or not. If bulls can stay above 95000, the breakout above has a higher chance of being succesful. Below 94000 it has likely failed and I favor the bears for more downside.
current market cycle: weekly chart says continuation of the bull trend but i highly doubt it. much more likely we are in a big trading range 73000 - 110000
key levels: 85k - 100k (if bears somehow manage to get below 85k again, we test 80k next)
bull case: Bulls want this breakout to be the start of the third leg up for 100000. That’s all there really is to it. Bull trends need higher lows and higher highs and if bulls fail to prevent the market from falling below the breakout bar under 94000, this was likely a bull trap.
Invalidation is below 94000.
bear case: Bears want a trading range 70000 - 98000 and not let market hit 100000 again because that would for sure attract more degenerates again. Bears really don’t have much here until they print a decent bear bar that gets below 94000. This looks as bullish as can be and above 98000 I expect 100k to be hit.
Invalidation is above 101k.
short term: Neutral. Below 94000 it’s likely a failed breakout and above 97000 we can expect 100000 or more. Above 100000 there would not be a reason not to go for a new ath, same as for other markets like dax.
medium-long term - Update from 2025-04-13: Bear targets for this year are met. Now we likely range before we get new impulse to either side. I wait for market reaction around 100000 before I write more here. For now my assumption is still that this will be a trading range 73000 - 100000 for longer than a retest or even new highs.
Update BTC.DFrom the data shown on the drawing, we find that a Diagonal Leading pattern has been formed and is then considered a wave A, then a correction is made in wave B, which is the bottom of the Leading pattern, from which altcoins and Ethereum breathe, and when it reaches the bottom, then a final wave C begins, rising strongly in the same direction upward. Let us follow
Note: The model fails if it closes above an area 55.26%
Bullish till March 26 High but open for retrace.We are at a daily -BPR at the moment. All daily candles have been bullish so far since April 22. The whole sentiment behind this has been the 90 day tariff pause.
There definitely is a mix of fundamental and technical reasons for both bullish and bearish bias once we achieve this target.
For this week, I would look for a long entry only if NQ retraces lower first. Otherwise would have to just watch it do its thing. Once we hit the March 26 High, I am very open for NQ to go to All time high again because that is what it historically does but I am also completely open for it to start dumping to monthly lows because it seems that the sell-side was not hit and the higher lows made on the 4H chart seem to be very low resistance targets.
Not a good time to marry a bias.
Ratio Charts in TradingView and IAAbove you can see the Bitcoin to Ethereum ratio chart. Ratio analysis between two or more symbols is a critical method for comparing the strength and weakness of assets relative to each other. TradingView offers basic capabilities for this task, but with the help of artificial intelligence (AI) and custom scripts, much more advanced and creative analyses can be conducted.
Here are some practical ideas:
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4. Smart Alerts Based on Price Pattern Breakouts
For more information, search Google for "How to Use Ratio Charts in TradingView: A Hidden Gem for Traders."
DOGE - 1$ NextDoge is getting ready for the next wave. Based on the previous trend we are looking at the next target around 1.1$.
Doge can break 1$ easily based on the current trend and overall interested in DOGE.
Entry: 0.1766
TP1: 0.22086
TP2: 0.30439
TP3: 0.40104
TP4: 0.53436
TP5: 1.13587
Stop Loss: 0.1143
Follow us for more such ideas.
Cheers
GreenCrypto
Potential bullish rise?The Aussie (AUD/USD) has bounced off the pivot which is a pullback support and could rise to the 1st resistance which has been identified as an overlap resistance.
Pivot: 0.6391
1st Support: 0.6258
1st Resistance: 0.6647
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Don't Miss this: Mastering Wave 3 Targets in Elliott Wave TheoryHello friends,
Welcome to RK_Chaarts,
Today we'll analyze WOCKHARDT LTD's chart using the Elliott Wave theory for educational purposes.
In this educational series, we'll explore how to assume the target of wave three. Today's topic is specifically focused on understanding the measurements and projections for wave three.
We can see that wave one on the monthly chart is complete, and wave two has also ended. Currently, we're likely in wave three.
Generally, wave three's target is 161.8% of wave one. If wave one is 100 points, wave three's target would be around 162 points. If extended, it can reach 261 points, 361 points, or even 423% in rare cases.
However, a key rule is that wave three will never be the shortest. If it's not extended, we expect it to be at least equal to wave one. Typically, wave three reaches 161.8% in general cases.
We've shared this analysis in a video format for educational purposes only. Please note that this is not a tip or advisory. Watch the video carefully to understand how the Elliott Wave theory helps us analyze the chart and set targets.
Thanks for joining and watching the video! If you like this series, please like and comment below. Your feedback will encourage us to create more content.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
BTC/USDT Quick Update – May 4 #2Rising Wedge Pattern Identified
– Price is currently trading within a rising wedge on the 4H chart, often considered a structure worth monitoring for potential volatility.
Price Near Local Resistance (~ GETTEX:97K )
– BTC is reacting around the GETTEX:97K zone, a level where price has previously stalled, suggesting possible decision-making by market participants.
RSI Around 47
– RSI has cooled from higher levels and is now neutral, indicating a balance between buyers and sellers at this stage.
Parabolic SAR Above Candles
– SAR dots are now positioned above price, typically signaling a slowdown in recent upward momentum.
ADX Reading Below 20
– A low ADX value suggests the current trend lacks strong directional strength, implying potential for sideways or corrective movement.
Volume Not Supporting Recent Move
– As price climbed, volume remained relatively low, which can indicate a lack of strong participation behind the move.
Key Levels to Watch
– Support: $95K (wedge base), GETTEX:92K (prior demand zone)
– Resistance: GETTEX:97K (local), $102K (major overhead zone)
What to Monitor
– A break above GETTEX:97K could lead to a retest of higher zones. A break below $95K might open up a move toward $92K. Watching for confirmation either way.
TRUMP Forming Major Reversal Within Bullish Wave StructureTRUMPUSDT has completed a substantial corrective phase, culminating in a pronounced low within a high-probability buy-back zone between 8.25 and 9.81 This accumulation area aligns with critical Fibonacci retracement levels and historical structural support, suggesting the end of a major wave cycle likely Wave 2 or Wave B.
Current price action signals the emergence of a new impulsive phase, with price initiating a potential Wave 3 advance. Immediate resistance resides around 16.43–16.51, a key internal supply zone. A confirmed breakout above this area would validate the bullish continuation, opening the path toward the external supply region near 45.65.
If the bullish momentum sustains beyond that, higher Fibonacci expansion levels project extended targets toward the 87.90 zone consistent with the terminal points of a larger Wave 5 within the macro Wave formation.
Maintaining structural integrity above the key demand zone is essential to uphold the bullish thesis. Failure to defend this zone could expose the market to deeper corrective retracements.
However, as long as price remains above 7.14, the bias remains favorably bullish with clearly defined invalidation levels and high-reward potential.
BITCOIN - Dumping! Leading Indicator?Bitcoin printed a slightly higher high of an ascending wedge and that was a little bearish clue:
Which became a bearish engulf:
And has now slipped down a descending line to "roll off the table" and slump down.
This shallow trend that leads to a slump is often very bearish and there are various examples of this throughout the historical chart:
Stock indexes have printed a fastest wave up ever with record breaking gains:
Nasdaq Futures -
This was immedietly after the Trump Tariff selling climax.
I think that the wave up is likely to be a reactionary wave as part of crash structure.
Notice that it is currently within the retracement Golden Window (0.618 - 0.786).
This is a likely retracement ratio band for a failure and sometimes up to about 0.81 and still be a failure.
So, Bitcoin being of higher risk to stock indexes will often move first.
It might just be a leading indicator to stock indexes.
I am leaning bearish here and my portfolio is reflective of that.
Not advice
$100K Bitcoin Within Days » Top Altcoins Choice —Your Pick (S5)Bitcoin is now bullish confirmed with a break above $97,000. Today Bitcoin trades at the highest price since late February 2025, and it is set to continue growing and growing aiming next at a break and challenge of 100K.
As soon as 100K is conquered, the Altcoins will go wild.
Which pair is your favorite Altcoin right now?
Let's start Session 5 of Your Top Altcoin Choice.
» Leave a comment with your preferred Altcoin trading pair and I will reply to your comment with a full analysis.
» We will do one pair per user/commentator.
Feel free to ask any questions.
Bitcoin is bullish now and set to grow long-term. The next All-Time High can happen around $160,000 just as it can be $180,000 or $250,000. Patience is key.
Thanks a lot for your continued support.
Namaste.