SPX as an exampleCorrect me if I'm wrong, but this has got to be one of the craziest monthly candlesticks the stock markets have ever printed, and perfectly completes a potential wave 4 in a 5 wave count.
Support and Resistance
SHORT AGAIN 100 95run it back they still dont make enough money for this valuation risky short yet again. grabbed may 23 100 90P
UK100 Bulls Charging – Will They Breach 8,490 or Stall?Price is currently consolidating just below the 8,490 🔼 resistance after a strong bullish rally. The structure remains bullish with consistent higher lows, and price is testing a key supply-turned-resistance zone. Bulls need a clear breakout to maintain momentum.
Support at: 8,378 🔽, 8,165 🔽, 7,935 🔽, 7,600 🔽
Resistance at: 8,490 🔼, 8,625 🔼, 8,729 🔼
Bias:
🔼 Bullish: A confirmed breakout above 8,490 could trigger a continuation toward 8,625 and 8,779.
🔽 Bearish: Rejection at 8,490 or break below 8,378 could initiate a drop back to 8,165 or lower.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
US30 Bulls Testing Resistance – Will 40,770 Hold or Break?Price is currently testing the 40,770 🔼 resistance zone after a strong bullish push. This level has previously acted as a key ceiling and could determine the next directional move. Price has been climbing steadily with higher lows, indicating bullish momentum.
Support at: 40,194 🔽, 39,070 🔽, 36,800 🔽
Resistance at: 40,770 🔼, 41,552 🔼, 42,540 🔼
Bias:
🔼 Bullish: A clean breakout and hold above 40,770 could open the path to 41,552 and 42,540.
🔽 Bearish: Rejection at 40,770 or a drop below 40,194 could signal weakness and send price back to 39,070.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
GOLD → Consolidation. Traders are waiting for news...FX:XAUUSD remains in consolidation at 3370-3270. Traders are in no hurry to take any action, as there is a lot of important news ahead. Let's take a closer look at the situation...
On Wednesday, gold is trading lower, remaining in a sideways range as traders await the release of US GDP data for the first quarter. A sharp slowdown in growth is expected, and a possible contraction in the economy could increase bets on a Fed rate cut and support gold. Meanwhile, the dollar is holding steady amid tariff news and expectations for key employment and inflation data.
A retest of the range support is forming. The approach is quite sharp, and the pre-breakout potential has been exhausted. A false breakout of support could trigger an upward correction.
Support levels: 3270, 3245
Resistance levels: 3314, 3329, 3352
If the dollar continues to fall after the news, this could support gold and the price could continue to trade between 3370 and 3270. Unpredictable news could trigger a breakout and a fall.
Best regards, R. Linda!
Short gold, gold may continue to fall to 3245-3235Fundamentals:
1. Focus on the performance of US economic data and the dynamics of the Federal Reserve;
2. Pay attention to whether the geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
The rebound momentum of gold has gradually weakened, and gold has failed to effectively break through the 3320-3330 resistance zone many times recently, and has built multiple short-term top structures in this area, which has limited the height of gold rebound and further strengthened the bearish sentiment in the market, which is conducive to further decline of gold. In addition, gold has tested the area near 3260 many times, which has weakened the support strength of this area to a certain extent. Gold may fall below this area at any time and continue to the 3245-235 zone.
Trading strategy:
Consider shorting gold again with the 3315-3325 zone as resistance, and expect gold to fall below 3260 and continue to the 3245-3235 zone.
NASDAQ, USTECH, DEAD CAT BOUNCEContinues bearish divergence
Multiple rejections from resistance area
Dead cat bounce appeared
failure to break resistance can lead towards 18500 area
Gap needs to be filled in that area
Negative GDP data will be the actalyst in bearish move
job market data is also negative
slowdown of economic growth
AMD Key Long-term LevelsThese are key Long-term Levels for AMD.
Currently it is reacting positively at the key support zone of 80 to 90.
Considering the earnings release date is on 6th May 2025, monitoring the price action post earnings need to be observed. Any positive impact could possibly push the price higher.
The next key Target in the medium-term is around 120 to 130 Level.
Disclaimer:
This chart is for educational purposes only and does not constitute financial advice.
Gold key resistance not broken, Continuation of weak shock!📌 Pattern analysis and attention:
📊Technical aspects: The current golden week maintains a range of 3260-3360 fluctuations, showing a weak oscillation pattern of falling first and then rising, but with stronger downward momentum. Technical aspects show that 3360 is a short-term long-short watershed. If it cannot be broken through, it will maintain low-level fluctuations; 3340 is the core key position. If it stands firm, it will turn into a strong oscillation, otherwise it will continue to be weak. The first two days of the week closed below 3320, confirming short-term weakness.
🎯Practical strategy: Short sell when it rebounds to 3320-3325 area, target 3310-3300.
EURUSD meltdown incoming | 🔹 Pair / TF | EUR/USD, 4 h → Lower Timeframes |
| 🔹 Bias | Bearish (potential reversal after reaching higher resistance, with RFI divergence) |
📊 Key Levels (Adjusted based on higher price)
Level: ~1.13900 - ~1.14100 (Potential Immediate Resistance Zone - based on possible previous highs or Fibonacci levels not visible on the prior chart)
Level: ~1.14954 (Potential Higher Resistance - extrapolating from previous chart structure)
Level: ~1.11504 (Previous R1 - now potential support if price reverses significantly)
Level: ~1.10777 (Previous Resistance Zone - now potential stronger support if price falls further)
🚨 Trigger (Adjusted)
With an entry at 1.1375, you are likely anticipating a reversal from a higher resistance level.
Look for bearish rejection signals (bearish engulfing, pin bar) forming around the ~1.13900 - ~1.14100 zone or potentially higher.
Crucially, examine the RFI on the lower timeframes (if possible). If the price made a higher high to reach 1.1375, but the RFI did not make a corresponding higher high (or showed a lower high), this would indicate bearish divergence, strengthening the case for a potential reversal.
✅ Confirmation (Adjusted)
Confirm bearish candlestick patterns on lower timeframes (1h, 15m) at the potential resistance levels.
Look for bearish divergence on the RFI. This is a strong signal that upward momentum is waning.
If you are using RSI, watch for a break below the 50 level after the bearish price action.
Increasing selling volume on lower timeframes during the rejection would add confirmation.
🎯 Entry & Stops (Adjusted)
| 🔶 Entry | 1.1375 (Your Given Entry Price) |
| 🔴 Stop-Loss | Above the high of the rejection candle and potentially above the ~1.14100 level or the next visible resistance, depending on your risk tolerance (e.g., ~1.14250 - ~1.14400) |
Your entry is already executed. Now focus on stop-loss placement and target levels.
Risk: Manage your position size according to your risk tolerance and the chosen stop-loss level.
🎯 Profit Targets (Adjusted)
| Target | Level | Pips (approximate from 1.1375) | RRR (depending on stop-loss) |
| :----- | :--------- | :----------------------------- | :--------------------------- |
| T1 | ~1.13000 | ~75 | Varies |
| T2 | ~1.12500 | ~125 | Varies |
| T3 | ~1.11504 | ~225 | Varies |
Consider taking partial profits at each target level.
Adjust your stop-loss to breakeven or in profit as the trade moves in your favor.
⚙️ Trade Management (Adjusted)
Monitor the RFI closely for any signs of bullish resurgence. If the RFI starts breaking back above previous highs or its trendline (if one forms), consider reducing your position or closing the trade.
Pay attention to price action at potential support levels.
Be prepared to adjust your targets based on market conditions.
🔑 Rationale (Adjusted)
With an entry at 1.1375, the trade idea is based on a potential reversal from a higher, currently identified resistance level.
Bearish divergence on the RFI (if present) would be a key supporting factor, indicating that the recent upward move lacked strong momentum.
Bearish price action at resistance would confirm the selling pressure.
Targeting previous support levels offers logical profit objectives.
⚡ Highlight (Adjusted):
Given your entry at 1.1375, the strategy now revolves around a potential bearish reversal from a higher resistance level, with a strong emphasis on identifying bearish divergence on the RFI to support the short trade. Monitor price action and the RFI closely for confirmation and trade management.
Wheat / ZWN2025 / ZW1! - Price action at weekly supportWheat futures have had an interesting short-term price action character change, with a Higher-High printing on the H1. The price action is happening on a weekly level that has formed over the last year. Seasonality also favours wheat higher in the short term, although that is not the basis of this trade idea.
In anticipation of a Higher-Low forming on the H1 in this area around local support and the 61.8 fib level, there is a favourable RR trade in this area. I have decided to sell a put spread just below the market. I'm treating a break of the weekly level as a signal to manage the risk on the spread, with a first target at the daily swing high from two weeks ago. I will manage any trailing risk via the H4.
TradeCityPro | ENSUSDT Huge Breakout Coming? 👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze one of the DeFi coins, ENS, together. It’s been performing well recently and has some exciting news!
🌐 Bitcoin Overview
Before starting the analysis, I want to remind you that, as per your request, we’ve moved the Bitcoin analysis from the main section to a separate daily analysis. This allows us to discuss Bitcoin’s status in more detail and analyze its charts and dominance together.
This is the general analysis of Bitcoin dominance, which we promised to cover separately and analyze in longer timeframes.
📊 Weekly Timeframe
In the weekly timeframe, ENS is one of the bullish coins in the market with a promising outlook. It began its main upward movement before the start of 2025, back in late 2023.
After breaking the 9.99 level, we entered the main uptrend, and we can say that we broke the market cap ceiling, achieving a new ATH market cap.
We’re also riding a bullish curved line that acts as support. If this line is broken, it signals a weakening of the main uptrend. A drop below 15.90 would indicate a trend change in the MWC (Market Wide Correction).
Currently, our key weekly support has shifted. We were supported at 13.15, easily moving past this level. Our spot exit trigger is now 13.15, whereas last week it was 15.90.
📈 Daily Timeframe
In the daily timeframe, after a rejection from the ATH at 47.68, we entered a range box between 30.75 and 37.77. After some weak movements toward resistance, we saw a corrective wave.
Following a daily engulfing candle that covered the previous three candles, we experienced a sharp downward wave to 13.49. After that, seller pressure seemed to fade, and buyers stepped in. After a fake breakout at 13.49, we saw a move up to 18.41.
Additionally, the trendline formed during the recent declines in this chart was broken after the support at 13.49. However, since the trigger hasn’t been activated yet, we’re not acting on this trendline for now. But if 18.41 is broken, you could consider a risky spot buy.
✍️ Final Thoughts
Stay level-headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
#ETHUSDTTwo areas for selling trades are marked with a reward of one to three. It is better to enter in the higher area because it is less risky, and the lower area is more risky because the price may hit the lower area stop to reach the upper area.
GBPJPY SIGNAL UPDATE READ THE CAPTIANBaddy dears friends 👋🏼
(gbpjpy signal technical analysis satup 👇🏼
( GBPJPY ) BUY zone
( TRADE SATUP)
ENTRY POINT (190.750) to (190.650) 📊
FIRST TP (191.00)📊
2ND TARGET (191.400) 📊
LAST TARGET (191.800) 📊
STOP LOOS (190.200)❌
FALLOW RISK MANAGEMENT ✅
#usdcadYou can enter in two steps and the best entry is in the low-risk zone. The low-risk zone has a reward of 1 to 10, which can also be done risk-free, but I recommend being patient until you reach TP 10.
USOIL – Key Levels in Play. Here's What I'm WatchingAfter rejecting the 65.27 resistance, USOIL sold off sharply, dropping to the 59.5 support zone — just as anticipated.
This confirms that the market is still respecting key support and resistance levels and trend lines.
Current Scenario:
Price is sitting around 59.5. If this support holds, we could see a corrective move (buy) back to the 62 region. But that zone is now a strong area of interest — previously a broken support, now likely to act as resistance.
Here’s my game plan:
– If price pulls back to 62 and fails to break above, I’ll be watching for a sell setup targeting the 57 or even 55 area.
– If price breaks and holds above 62 with momentum, then I’ll re-evaluate for possible upside continuation.
– Right now, a short-term buy from 59.5 to 62 is valid, but it's riskier. The safer bias remains to the downside until 62 is broken cleanly.
So, while buyers might attempt something from current levels, the dominant trend and structure still favor the sellers — especially below 62.
NZDUSD Continues to Trade Under the Pressure of a Strong DollarHey Traders, in today's trading session we are monitoring NZDUSD for a selling opportunity around 0.59400 zone, NZDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.59400 support and resistance area.
Trade safe, Joe.
#BEARISH MOVE EXPECTEDIn this analysis we're focusing on 1H time frame for gold. In this analyze we are using downward trendline along with the combination of price action. When price enter in our supply area, so our first step is to observe how price will react and if price give any bearish confirmation then we'll execute our trade. Confirmation is very important.
Always use stoploss for your trade.
Always use proper money management and proper R:R ratio.
This is my analysis not a financial advice.
#XAUUSD 1H Technical Analysis Expected Move.
Gold Key Points Summary How to grasp the end of the monthly line📌Fundamentals:
Trade policy easing and dollar rebound
Economic data and Fed policy game
Russia-Ukraine conflict and Middle East situation
📊Technical aspects:
From the 4-hour analysis, the upper side continues to focus on the short-term suppression of the 3328-35 line, focusing on the 3345-56 first-line suppression. During the day, the counterattack relies on this position to continue to bearish and continue to fall. The lower support is around 3290-85, and the short-term long-short strong and weak watershed is the 3260-65 first-line mark. Before the daily level does not fall below this position, we will continue to see long and short shocks, and the high-altitude low-multi cycle will mainly participate.
🎯Practical strategy:
1. Go short when gold rebounds at 3328-35, and cover short positions when it rebounds at 3343-52. Target 3310-3315, and look at 3275-80 if it breaks;
NASDAQ INDEX (US100): Move Up Ahead
I think that US100 is going to bounce.
The price is currently retesting a recently broken
key daily horizontal resistance.
We see a strong positive bullish reaction to that.
Next resistance - 19779
❤️Please, support my work with like, thank you!❤️
Short gold after the rebound!Fundamentals:
1. First, focus on Trump and the Fed’s dynamics;
2. Pay attention to whether geopolitical conflicts escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
Technical aspects:
Although gold once rebounded from around 3267 under the circumstances of the ADP data being significantly positive, reversing the downward trend in the short term. However, the recent rebound high of gold only stopped at around 3330, and multiple top turning points were built in the 3320-3330 area, which greatly limited the height of gold’s rebound and further the bearish sentiment in the market. Therefore, I think the area around 3260 is not the low point of this round of decline. I think gold is very likely to continue to fall and continue to the 3240-3230 area, or even lower.
Trading strategy:
Consider shorting gold when it rebounds to the 3315-3325 area, and expect gold to fall below 3260 and completely open up the downward space!
How should gold be positioned after the ADP data is released?Although the current ADP data is positive, and the US GDP in the first quarter is sluggish, the risk of US recession has increased, but gold has not risen sharply, and the 1H moving average is still radiating downward. At present, it can only be regarded as a short-term correction to the oversold area. If the upper 3300-3310 does not break, you can go short. Brothers who have made profits now can exit the transaction in time. We are patiently waiting for entry opportunities.
If you agree with this point of view, or you have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Bank of America May Face a DowntrendBank of America has rebounded sharply in recent weeks, but some traders may expect a move to the downside.
The first pattern on today’s chart is the series of lower highs since March 3. Combined with the low in early April, a falling channel may have formed.
Second is the price zone between roughly $39 and $40, which represents a basing area March 10-13. BAC is now stalling at the same level, which may suggest old support has become new resistance.
Third, stochastics on the megabank are turning down from an overbought condition.
Next, the 50-day simple moving average (SMA) had a “death cross” below the 200-day SMA earlier this month. That may indicate the long-term trend has turned negative.
Finally, BAC is a highly active underlier in the options market. That could help traders take positions with calls and puts.
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