Bitcoin Daily Bullish CUP pattern but with resistance coming in
Please excuse the number of lines here but this is my working chart and I am short of time but I wanted to share this.
Bitcoin Daily has printed a Bullish CUP and is back on the Rim but we have still to reach the edge of the Cup, which is expected around 15th May, 10 days. When PA entered thhis Cuo, it also ranged sideways for a while.....
Something that PA has to face in the near future is that red 236 fib circle. And PA may be already reacting to that.
Look to the left and see what happened last time we hit a red 236 fib circle.
I think we are in a stronger position this time though but a Drop to the Long term rising trend line is a very real possibility
That is around 92K - > 87K -Not a Major drop and it would actually play into the Bulls hands by resetting the Daily MACD that is already beginning to turn slightly Bearish
This is NOT a reason to PANIC or Sell but is more an opportunity, maybe the last one, to Buy BTC at around this price.
I think a drop back down to the 2.272 Fib extension at 77K is highly unlikely but we should have a plan should this happen.
We do have the DXY support group, sorry, THE FED announcing the Next decision of Rates on 7th and it is very likely that PA will Drop till then, slowly hopefully, resetting the MACD as previously mentioned, and then push through that 236 Fib circle after the continued Freeze on Rates is announced.
We have to wait and see......
Trend Analysis
NZDCAD Will Go Higher! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.821.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.825 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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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EURUSD: FOMC rate decisionThe week of macro data in the US started on Tuesday, with Jobs openings data. As per posted data, there have been 7.192M jobs open in March, which was below market expectation of 7,48M. The GDP Growth rate for the Q1 was standing at -0,3% for the quarter, which came as a surprise to the market, which was expecting to see the figure of +0,3%. Analysts are noting that this drop in economic output represents reflection of trade tariffs of the US Administration. The week-end brought the PCE data for March, which was closely watched by market participants, as this indicator represents Fed's favourite inflation indicator. As per published data, the PCE Price index reached 0% in March for the month, and 2,3% on a yearly basis. Figures were in line with market estimates. At the same time, core PCE was also at the level of 0%, beating market estimates of 0,1%. Personal Income in March was increased by 0,5%, while Personal Spending was higher by 0,7%. The ISM Manufacturing PMI in April was standing at 48,7, a bit higher from the forecasted 48. The Non-farm payrolls in April were increased by 177K, which was significantly above the market forecast of 130K. The Unemployment rate was without change from the previous month, at 4,2%.
The GfK Consumer Confidence in May reached the level of -20,6, much better than forecasted -26. The Retail Sales in Germany dropped by -0,2% in March for the month, bringing the total figure to 2,2% on a yearly basis. The slowdown in retail sales was higher from market consensus of 3,2% on a yearly basis. The Unemployment rate in Germany remained stable at 6,3% in April and without change from the previous month. The GDP Growth rate in Germany for Q1 reached 0,2% for the quarter, while it stands at -0,2% compared to the previous year. Both figures were in line with market estimates. At the same time, the GDP Growth rate in the Euro Zone reached the level of 0,4% for Q1 and 1,2% on a yearly basis. The GDP growth rate for the Euro Zone beat market expectations of 0,2% for the quarter and 1,0% for the year. Preliminary inflation rate in Germany in April was 0,4% for the month and 2,1% on a yearly basis. The Inflation rate in the Euro Zone preliminary in April was at the level of 2,2%, while the unemployment rate was steady at the level of 6,2%
The eurusd currency pair was mostly under sentiment of the US jobs data and consequently, its impact on the Fed rate decision in the coming period. In this sense, the US Dollar gained during the week, reaching its highest level at 1,1296 against euro as of the end of the week. The RSI started its move aways from the overbought market side, ending the week at the level of 56. It still does not represent the clear sign that the market is headed toward the oversold market side. The MA50 continues to diverge from MA200, after two lines made a cross, some three weeks ago.
The week ahead is going to be a very important one, considering the Fed's rate decision on Wednesday. Prior and during this day, some increased market nervousness and volatility might be quite possible. Previously, the market was testing the 1,1460, historically important resistance level. There has not been enough market strength for this level to be breached, in which sense, the market reverted a bit toward the downside. Still, the support level at 1,12 has not been tested during the previous week. The 1,13 level historically is not significant, in which sense, it should not be expected that the market will spend too much time around this level. As per current charts, there is higher probability for the 1,12 level, which could easily be the next stop for the eurusd pair. At the same time, there is some probability that the market might return toward 1,1460 to test it for one more time. Charts are not pointing toward the potential of higher grounds, at this moment.
Important news to watch during the week ahead are:
EUR: Retail Sales for March in the EuroZone, Balance of trade in Germany in March, Industrial Production in Germany in March.
USD: ISM Services PMI for April, FOMC Meeting and Interest Rate Decision will be held on Wednesday, May 7th, after which the Fed will held a press conference.
MARKETS week ahead: May 5 – 11Last week in the news
Two major events during the previous week shaped the market sentiment. One is related to the Chinese government which noted a consideration to start the negotiations in order to relax currently imposed trade tariffs, while the other is related to stronger than expected US jobs market. The US equities finished the week higher, where S&P 500 closed the week at the level of 5.686. The US Dollar also gained strength on positive news. Inversely, the price of gold was traded at the lower grounds, ending the week at the level of $3.240. The US 10Y yields reacted on a strong jobs data, diminishing the potential recession in the US, where yields closed the week at the level of 4,30%. BTC was also among weekly gainers, where the level of $ 98K has been tested.
The previous week was full of currently important US macro data, which brought back higher volatility on financial markets. The week started with jobs opening data. Posted JOLTs showed 7.192M jobs open in March, which was modestly below market expectation of 7,48M. Fed's favourite inflation gauge, the PCE Price Index, was standing at the level of 0% in March, same as core PCE. On a yearly basis, the PCE was 2,3%. However, the star of the week were the Non-farm payrolls, which increased by 177K in April, which was much better than anticipated 130K. This figure brought a relief to market participants, as it seems that the US economy is not entering into a recession. On the opposite side are some analysts who are noting that it is too early in time for trade tariffs to be reflected on the US economy and jobs data. Still, the GDP Growth rate preliminary for Q1 came as a surprise at the level of -0,3% for the quarter. The market was expecting to see the figure of +0,3%. Analysts are in consensus that such a surprising drop in the output of the US economy is a reflection of trade tariffs imposed by the US Administration in the previous period.
A lot of investors' attention took the Assembly meeting of Berkshire Hataway, held on Saturday in Omaha, US. As announced, its founder and CEO Warren Buffet will step down from his CEO position as of the end of this year. His place will take Greg Abel, vice chairman of Berkshire Hataway for non-insurance operations. Reflecting on trade tariffs, Warren Buffet strongly criticized, noting “Trade tariffs are an act of war … trade should not be a weapon”.
The FOMC meeting is scheduled to take place on May 6-7th. This meeting will be closely watched by markets, as it is expected that the Fed will provide their current view on the current state of the economy as well as potential negative implications of imposed trade tariffs. As per current market expectations, based on the CME FedWatch Tool, the first rate cut during this year is postponed for July this year, amid currently strong jobs data.
CRYPTO MARKET
The crypto market had another relatively positive week. News related to the potential relaxation of the US-China trade tariffs as well as better than expected US jobs data, left their positive market also on the crypto market. BTC was for one more time in the focus of market participants, however, the majority of other coins was not left behind. Total crypto market capitalization gained 1% compared to the week before, adding $35B to its total market cap. Daily trading volumes were modestly decreased to the level of $106B on a daily basis, from $166B traded the week before. Total crypto market increase from the beginning of this year, currently stands at -9%, with $283B outflow of funds.
The leader of the market during the previous week was BTC. This coin managed to gain more than 2% on a weekly basis, adding total $ 39B to its market cap, but also to the total capitalization of the crypto market. ETH also had a relatively good week, considering gain of 1,15% in value adding $2,5B to its market cap. One of the significant weekly gainers was Monero, with a surge in market cap of 24%, adding $ 1B to the total value. On the opposite side were coins which did not manage to finish the week in green. Market favourite Solana lost 1% in value on a weekly basis, while BNB was last traded down by 1,4%. This week Uniswap ended with a loss of 11,8% on a weekly basis, while Algorand and Filecoin were traded down by around 8%.
There has been sort of increased activity when coins in circulation are in question. Filecoin managed to increase its coins in circulation by 0,4%. IOTAs total coins on the market surged by 0,5%, while Stellar and DASH marked an increase of 0,2%, same as XRP. This week Maker decreased its number of circulating coins by 1,4%.
Crypto futures market
The positive market sentiment continues to be reflected in the crypto futures. Both BTC and ETH futures were traded higher during the previous week.
BTC futures gained in value around 1,5% for all maturities. Futures maturing in December this year managed to pass the $100K level, ending the week at $101.305. At the same time, futures maturing in December next year closed the week at $107.390.
ETH futures were traded higher by around 2% for all maturities. December 2026 ended the week at $1.938. Futures maturing a year later managed to pass the $2K level, closing the week at $2.084.
#202518 - priceactiontds - weekly update - nasdaqGood Evening and I hope you are well.
comment: Bulls want at least 20536 now and run all the stops from before the big sell-off. Bears are not doing anything at all, so bulls will likely get it. This could be a breakout-retest and I marked the area for that with the red rectangle. Small chance bears come around next week but for now it’s too early to short and buying into 9 consecutive bull days is statistically beyond moronic.
current market cycle: trading range
key levels: 15500 - 23000 (upper range is a guess, could also become 21000 but for now we don’t know so I assume the higher price)
bull case: 20536 and then 21000. Those are the next targets and bulls are in full control of the market. The measured move from the buy spike at the lows is around 22350 and it’s possible that we get there. I think we need to see a pullback and how deep that will be. If we get only another sell spike and immediate buying for higher highs, we can also assume much higher prices. Above 21100 there is no reason not to go for 23000.
Invalidation is below 19100.
bear case: Bears have nothing. Below 19100 market is neutral but until then, selling this is dumb. Wait for more bears to appear or at least seeing something that resembles a topping pattern. Like a lower high on the 1h chart. Don’t try to be the lucky bear who shorted the exact high.
Invalidation is above 21100.
short term: Neutral. No interest in buying such a buy climax but it’s way too early for shorts. Patience is key.
medium-long term - Update from 2024-04-26: My most bearish target for 2025 was 17500ish. Now I assume we will be in a trading range 16000 - 23000 for much longer.
XauUsd bullish outlook✅ Reasons for Entry:
✅ Third Touch on H4 Extreme Trendline confirms clean anchor & rejection
✅ Strong RBS zone at 3235 — previously supported upward impulsive move
✅ Visible demand rejection wicks on H1 and M15 — signs of buyer defense
✅ Bullish market structure still intact on D1 (trend continuation bias)
✅ Extreme Trendline + Structure + Rejection = High-probability setup
Auto Generated by Custom Smart Trading Chart AI
XAUUSD UPDATE : FED INTEREST RATE DECISION hello & happy weekend everyone
For coming week trade forecast. From the left side, the daily chart indicates that a breakout has occurred, and the current increase is a temporary pullback. If a rejection happens at the 0.236 daily retracement and the trendline on 1 hour chart successfully pushes the price downward, I see an opportunity to short towards the upcoming Fed interest rate decision.
And I am very grateful for the support given, especially in some of the previous trades. I hope that my trade plan can help traders identify the direction to enter the market.
good luck all
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
CADCHF to fall further?I would like to believe that this pair is not looking good for the future. Looks like its about to crash hard in next couple of months. Hope im wrong with my analysis and crashing will not the case. If it bounces off liq 1 then retests ob at liq 2 and then finally fails we will aim to hold it short for long term.
Gold Daily Outlook - XAUUSD May 4thXAUUSD Daily Outlook – May 5, 2025
Structure doesn’t lie. Gold is cooling off – but the real game might just be starting.
📊 Trend & Structure:
HTF Bias: Bullish (intact), but showing signs of exhaustion.
Daily Market Flow: Strong rejection from 3500 ATH → bearish correction underway.
Latest Daily Candle: Bearish with large upper wick – confirms aggressive selling after liquidity grab.
🔹 Key Daily Levels:
🔻 Premium Rejection Zone
Zone: 3475–3500
Confluence: Previous ATH + liquidity sweep + FVG + overextension
Note: Reversal confirmed. Sellers aggressively stepped in.
🔻 Active Imbalance Zone
Zone: 3375–3400
Context: Unmitigated bearish FVG formed after ATH rejection
What to expect: Intraday bounces possible, but mostly mitigation unless reclaimed.
🔹 Current Reaction Zone
Zone: 3220–3255
Structure: Micro CHoCH + fresh demand reaction + FVG fill
Note: Bulls defending here. Breakdown = lower retracement likely.
🔻 Key Mid-Term Support
Zone: 3050–3080
Reason: Daily demand + OB + prior BOS
Expectation: Strongest support if price breaks 3200 – ideal HTF reentry.
🔢 Fibonacci Extension Targets (if 3500 breaks)
Using impulse leg 2970 → 3500 with retrace to 3204.50:
Extension Level
Target Price
Commentary
1.0
3500
ATH (already hit)
1.12
3558
First extension zone, minor reaction possible
1.272
3610
Institutional TP1 zone
1.414
3660
Premium FVG / liquidity target
1.618
3730
Strong continuation target, reversal zone
1.786
3785
Final blow-off area, low probability without macro push
📊 Summary:
Gold reached a major milestone at 3500, swept liquidity, and is now in correction mode. As long as 3220–3255 holds, bulls may stage a short-term defense. However, failure to hold opens the door to 3050–3080, the next major structure zone.
Above 3500, use extension zones to track sentiment traps and profit-taking waves.
🧠 Final Thought:
From greed at 3500 to fear at 3200 — markets reset sentiment before the next move. Smart money isn’t emotional. Stay with structure, not ego.
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
#XAUUSD #GoldOutlook #SMC #LiquidityHunt #SmartMoneyFlow
Gold Weekly Outlook - XAUUSD May 5th- May 9th🌍 XAUUSD Weekly Outlook – “Gold’s Cooling Off… Or Just Reloading? 🔁💥”
📅 Week of May 5–9, 2025
After breaking records with a fiery move into 3533, Gold just blinked. But is this the start of a deeper pullback — or simply a power nap before another skyrocket? Let’s break it down.
🧱 Macro Structure:
🔹 Massive bullish expansion from sub-2000 to 3533 → clear weekly BOS & continuation
🔹 First real retracement candle after months of nonstop gains
🔹 Price now hovering around the 3240–3270 mid-range FVG zone
🔑 Key Weekly Levels + Real Confluence:
📍 Price Range Zone Type What’s Here & Why It Matters
3533 🔺 ATH / Weak High Top liquidity grab + Premium high — supply reaction confirmed
3480–3510 ⚠ Reversal OB zone Weekly OB + clean FVG + sell-off origin = potential rejection zone
3240–3270 🔵 Micro Demand Mid-imbalance fill + minor OB + current retest base
3050–3100 🟦 Weekly Demand Block Big boy OB + 50% FIB retrace + macro HL zone → sniper reentry magnet
2750–2850 🧠 Strong HTF Demand Long-term CHoCH zone + discount imbalance stack = last line of defense
🔎 Weekly Confluences:
✅ SMC: BOS confirmed, CHoCH flipped in 2023 = macro bullish bias holds
📐 FIBO: 3050–3100 = perfect golden pocket (50%) of last full impulse
📊 EMA 5/21: Full bullish lock, no signs of EMA cross down
🔥 Liquidity: Above 3533 = final weak highs, below 3050 = deep liquidity pool
🧭 Bias Summary:
Bullish overall, but watching for:
A trap sell into 3050–3100 (clean sniper reentry zone)
🧲 Liquidity grab near 3300+ that could fuel another leg up or fakeout
🙏 Like this breakdown? Boost and follow us for sniper setups all week.
📌 Important Notice!!!
The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.
#XAUUSD #GoldOutlook #SMC #LiquidityHunt #SmartMoneyFlow
“BTC 4H Chart: Eye on $91,247 Support After Local Resistance”The BTCUSDT 4H chart shows a strong uptrend, but price is now facing resistance. If the trendline breaks, the $91,000 support zone becomes a key level to watch. Is this just a pullback or the start of a bigger correction?
🔍 Key Levels:
Resistance: $97,000
Support Zones: $95,000 & $91,000
Trendline Decision: Watch the 4H candle close for confirmation.
🧠 Strategy:
Wait for a pullback or go long on a confirmed bounce — both setups are possible. Follow price action closely and trade smart.
BTCUSD – 5M Premium Zone Rejection | Short Setup Activated🧩 BTCUSD – 5-Minute Breakdown | May 4, 2025
The BoS has happened, but don’t let it fool you — price just entered the danger zone. This is where Smart Money loves to trap late longs and send price tumbling.
🧠 SMC Playbook:
🔨 BoS Identified: Minor bullish BoS after initial reaction from the previous low.
🟥 Supply Zone (Entry Area): 79%–100% retracement zone from the latest swing high to low.
🔄 Reversal Point: Entry just above the 79% zone (95,499–95,629).
🎯 Target: Weak Low = 95,200
🧼 Stop-Loss: Above 95,629 (structure invalidation)
📏 RR Ratio Potential: 1:3 to 1:4+
🔎 Narrative:
Price is engineered to grab liquidity before making the real move. The Strong High acts as protection — Smart Money is defending this area. Once the premium fills, we expect a clean breakdown back into the discount zone.
📊 Key Observations:
❌ Buyers are likely trapped.
📍OB tapped + Fibonacci 79–100% = High confluence.
💥 Expecting liquidity sweep → sharp sell-off.
⏰ Execution timeframe = M1/M5 confirmation (engulfing, CHoCH, etc.)
📣 How to Trade It:
Monitor price action inside red zone (79–100%).
Wait for lower timeframe confirmation (e.g. bearish engulfing, M1 CHoCH).
Short from ~95,500 with SL above 95,630.
TP at Weak Low → potential extension to 94,800 if momentum kicks in.
🧠 Chart Ninja Tip:
“Don’t chase price — trap it. Let price come to you and confirm. The premium zone is where trades go from good to god-tier.”
💬 Drop a 🧠 if you’re watching this level too.
📈 Save this chart for your next sniper entry.
🔁 Share it with your SMC crew and ride the liquidity wave!
BTCUSD: Expecting Bearish Continuation! Here is Why:
Looking at the chart of BTCUSD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
RGTI time to buy Current Price: As of May 3, 2025, RGTI is trading at $10.63, with a recent intraday high of $10.91 and a low of $9.13.
Analyst Ratings: The consensus among analysts is a "Strong Buy," with price targets ranging from $12 to $17. The average target is approximately $14.80, suggesting a potential upside of around 39% from the current price
XAU/USD 4hAs usual, the market is ttracted toward either the support level or the target. It gravitates to one or the other. Once the first “orbit” is left, the price is attracted to the other. Here, we can see that the price remains under the influence of the support level, and the rejection of the bullish-target deviation (pale purple line) is clearly visible.
Since the downtrend is accompanied by strong volume (the blue dot candle), the bearish scenario prevails. The optimal point to enter a short position is at the bullish deviation (gray line), with a bearish target currently around 3,164.
APPLE Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for APPLE below:
The price is coiling around a solid key level - 205.25
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 208.36
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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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WISH YOU ALL LUCK
OG Strong Chart Will Yield 888% Profits Within 6 MonthsI had to choose between this one and Milan's fan token. I went with this one because the chart is different. Milan (ACMUSDT) has the same chart as Atlético de Madrid (ATMUSDT). So you know what to look for there and you can also know now that ACMUSDT too is also bullish and coming out of major market bottom and low.
OG's chart is much more different though, the bottom was hit in May 2022 with a long-term higher low in August 2024 and another higher low on the 3rd of February 2025. This is a strong pair based on TA and guess what? It is ready now for a new wave of growth.
"Higher lows lead to higher highs," is a saying that I like to repeat over and over because it sounds nice. It doesn't necessarily have to be true but it will be true this time.
Most of the Altcoins produced a lower low in April compared to February or March, the fact that OGUSDT produced a higher low in April is a signal strength. This is enough to support a bullish wave.
The four weeks of bullish consolidation (prices moving slowly higher and the sessions closing green) supports the higher low signal.
Low volume in this instance—context is always needed for a signal to be interpreted correctly—means that the real action is yet to start. Not that the "growth is weak" but rather that there is no growth yet. So this is a positive signal. The fact that the market isn't dropping and is slowly growing and consolidating will lead to a strong bullish jump.
Ok. The technical analysis and signals are in place.
Now that we are done with the technological jargon we can move to the part we like most, take profits targets (TP for short).
Spoiler alert! I use the fibonacci tool to extract my targets against all other methods because this has been proven the most accurate over the years. Period.
» The purple target at ~$43 can yield 888% profits.
» The red target at $32 can yield 634% profits.
» The blue target at $21 can give an easy 380% profits if you were to buy at the current price and sell when this target hits.
Will these target hit or will they miss?
Just wait and see.
I can assure you that the market will turn green. That's all that matters to me.
It matters to me to give you a great entry price and great timing.
You are the one that should focus on securing your profits, it is a win-win-win.
Abundance, love, wealth, health and peace.
Thanks for being with me.
When I am gone, you will miss me.
Namaste.