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WTI Oil H4 | Swing-high resistance at 50% Fibonacci retracementWTI oil (USOIL) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 59.68 which is a swing-high resistance that aligns close to the 50.0% Fibonacci retracement. Stop loss is at 62.30 which is a level that sits above an overlap resistance. Take profit is at 56.05 which is a multi-swing-low support. 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.
TRADU:USOILShort
by Tradu
GBPAUD Potential LongsFX:GBPAUD 📊After reaching 2.16400, which is a high it hasn't seen in almost a decade back in 2015, price has finally cooled off and been on a downtrend for 27 days, down by roughly 5.3% to the daily demand range at 2.04838. Before the third push downward to the daily demand zone, price was consolidating for roughly 3 weeks, giving movements of 350 pips from its high to low. 📊The highlighted candles below are 4h candles that make up one spinning top candle on the daily timeframe, this may suggest that for the next few days, price may have the ability for short term reversals back to the upside. For aggressive swing entry, we can place the stop loss below the swing low on the daily demand range and target the first TP at the impulse zone above. The point of control of the volume profile is sitting between the 0.62 and 0.709 points of the Fibonacci retracement tool, this suggests that price has some chances of breaking above the impulse zone but react and respect the Fibonacci zone. If it respects the point of control zone, we can expect that sellers are still in control, by then, we can look for sell opportunities to catch the ride downwards. 📃On fundamentals, UK’s Financial Times Stock Exchange 100 Index (FTSE 100) rose 1.1%, as giants like Shell and Standard Chartered released positive management updates. Shell announced $3.5 billion buyback of shares after surpassing 50% increase of quarterly adjusted earnings when compared to previous earnings. At the same time, Standard Chartered’s pretax profit increased by 10% for Q1, which they shared was due to outstanding performance from their institutional wealth management divisions. There might be some positive outlook for inflation as the Eurozone revealed a steady inflation of 2.2% for April, which was the same as market expectations. However, Deutsche Bank has forecasted a 25-basis point rate cut by BoE, downwards to 4.25%, this may signal bearish movements for the GBP
Long
by CandleCipher
1
Oil Drop Short Position Greetings Traders this is my idea on Oil and it is a Long shot for a Short. This is my explanation: On the 4H chart of WTI crude oil, we can observe a well-defined downtrend that began near the $72.50 level. After a sharp sell-off, price entered a brief accumulation phase and has now pulled back into a previous support zone — now acting as resistance — offering a prime opportunity for trend continuation. 🔑 Key Technical Zones: 🟥 Beginning of a Downtrend: Around $72.50 – local top and start of bearish momentum. 🟧 Breakdown Zone: Around $59.00 – key support turned resistance after a strong breakdown. 🟦 Accumulation Zone: Around $62.00–64.00 – consolidation phase before continuing lower. ✅ Retracement Area (Green Box): Around $60.00–60.25 – previous support now acting as resistance; ideal zone to re-enter short. 🔵 Target Zone: $53.30 – projected next support level and target for the short position. 🎯 Active Short Position: Entry: $60.00 Stop Loss: $61.20 (above retracement zone) Take Profit: $53.30 Risk/Reward Ratio: ~1:4.5 After a confirmed bearish structure, price pulled back into the retracement area, which previously acted as support. This area is now likely to serve as resistance, and price rejection here aligns with a high-probability trend continuation trade. The target for the short is set at $53.30, which corresponds with the previous swing low, while the stop loss is positioned safely above the rejection zone to avoid false breakouts. 📈 Conclusion: This setup reflects a textbook lower high formation within a strong downtrend, offering a clean structure and favorable risk-to-reward ratio. Watching closely for bearish confirmations within the retracement zone to validate momentum continuation. Dear Traders like,comment let me know what do you think?
PShort
by Zaks_ForexRules
2 out of 2? gBPcAd..iT’s tIMe yET?1D- Daily timeframe we saw price break structure lower but after the break price did not move lower in fact we saw it retracing. 4H- Here price agreed with the daily by breaking structure higher to go take the liquidity(Internal) resting higher, if we take a closer look at the leg that broke structure higher we can than identify imbalances in price and as ICT mentions price looks for two things 1. liquidity and 2. Imbalances. Right now our focus is price balancing before going for the buyside.
Long
by FxPipMaster_TebohoMatla
SOLANA (SOL/USDT) – Bullish Flag Forming on 4H!Hey traders! #SOLANA is currently consolidating sideways and printing a bullish flag pattern on the 4-hour timeframe – a classic continuation signal after a strong upward move! 🚀 Here's the plan: Wait for a clean breakout above the flag's resistance Enter on the retest of the breakout level to confirm support Apply strict risk management and target the next major resistance zone Watch for increasing volume to validate the move Why this matters? The bullish flag often leads to explosive moves when confirmed properly. Don’t chase the breakout — let price come to you. Patience = profits. 🧘‍♂️ Key Levels & Entry Plan marked on chart Drop your thoughts below – do you agree with this setup or see it differently? Like & Follow for more clean, no-hype trade ideas! #Solana #SOL #CryptoTrading #BullishFlag #TradingView #TechnicalAnalysis #Altcoins #CryptoSetup #BreakoutTrade
Long
by mudusir
EURUSD - ANALYSIS👀 Observation: Hello, everyone! I hope you're doing well. I’d like to share my analysis of EUR-USD with you. Looking at the chart, I see that EUR-USD is currently in a downward channel and is at the top of the channel. I expect the price to move down towards the bottom of the channel, and eventually break the channel to the downside, with the target around 1.12140. However, if the price breaks above 1.14251 on the 1-hour time frame, I will be looking for the next target around 1.1600. 📉 Expectation: Bearish Scenario: Price to move down to 1.12140 after breaking the channel downward. Bullish Scenario: If the price breaks 1.14251 on the 1-hour chart, the next target would be 1.1600. 💡 Key Levels to Watch: Resistance: 1.14251 Support: 1.12140 💬 What are your thoughts on EUR-USD this week? Let me know in the comments! Trade safe
Short
by PouyanTradeFX
1
Analysis of the latest gold trend on May 7: The spot gold price continued to rise on Tuesday, breaking through the psychological barrier of $3,400/ounce. The resonance between technical and fundamental factors shows that bulls have re-dominated the price operation rhythm. At present, global geopolitical risks continue to ferment, and the market's risk aversion sentiment has accelerated the inflow of funds into safe assets such as gold. At the same time, the Federal Reserve's interest rate meeting this week has become the core game point in the market. The policy statement and Powell's press conference will directly affect the market's expectations of the interest rate path. The US core PCE price index for March released last week fell to 2.6% year-on-year (in line with expectations), while the April non-farm employment data remained resilient, showing that the supply and demand relationship in the labor market remained in a tight balance. The above data combination alleviated the market's excessive concerns about the risk of "re-inflation" and provided breathing space for gold bulls. From the perspective of intraday price behavior, gold shows the typical characteristics of rapid rise after a small cycle correction. The daily K-line combination continues the long arrangement, the moving average system shows a divergent rise, the technical form is in line with the characteristics of "stepped short squeeze", and the probability of continued upward trend is high in the future market. Based on the combination of fundamental and technical factors, the current gold market is still in a strong bull-dominated pattern. The operational strategy is recommended to focus on the callback low and long, and at the same time be wary of short-term fluctuation risks caused by the Fed's policy tone being more hawkish than expected. The 4H chart K-line combination pattern is long, and the probability of a change on Wednesday is small, and the continuation is expected to fluctuate upward; short-term support is 3374, and strong support is 3370-3366; in terms of specific points, the upper side needs to focus on the 3430-3470 US dollar/ounce area (Fibonacci extension level and previous dense trading area resonance resistance), and the lower side needs to pay close attention to the 3260-3250 US dollar/ounce support band (double support of the bullish trend line and the integer psychological barrier) Operation strategy: 1. Go long on gold near 3375, stop loss at 3365, and target 3400-3430;
FLong
by Isabella_Sophiad
USDCAD → Storming the support level to break throughFX:USDCAD continues to storm support within the trading range amid a global downtrend The currency pair is within the range, but the battle for support continues. The reaction to false breakouts is weakening and the price continues to attack the 1.378 level, which only increases the chances of a further decline The dollar is rebounding from resistance and beginning to fall, which is having a corresponding effect on USDCAD. If the currency pair breaks 1.378 and consolidates below the level, this could trigger a continuation of the trend after consolidation... Resistance levels: 1.381, 1.383 Support levels: 1.378, 1.374 Focus on the lower boundary of the trading range at 1.378. The role of the range is consolidation against the backdrop of a downtrend. Thus, a breakout of support will activate the distribution phase Best regards, R. Linda!
Short
by RLinda
4
It is in an upward trend with fluctuations, and the overall viewFrom the perspective of the intraday price action, gold exhibits the typical feature of a rapid rally after a small-cycle correction. On the daily chart, the K-line combination continues to be in a bullish arrangement, and the moving average system shows a divergent upward trend. The technical pattern conforms to the characteristics of a "stepped short squeeze", and there is a relatively high probability that the upward trend will continue in the future. Taking into account both fundamental and technical factors, the current gold market is still in a strong pattern dominated by the bulls. In terms of the trading strategy, it is recommended to focus on going long on pullbacks. At the same time, be vigilant against the risk of short-term fluctuations triggered by an unexpectedly hawkish tone of the Federal Reserve's policy. During the US trading session, the price of gold rose to 3,399 and then declined. It is currently quoted at 3,395. The K-line combination pattern on the 4-hour chart is bullish. There is a relatively low probability of a significant trend change on Wednesday, and it is expected to continue to rise in a volatile manner tomorrow. The short-term support is at 3,374, and the strong support is in the range of 3,370 - 3,366. The short-term resistance is at 3,388, and the strong resistance is at 3,398. If this level is broken, the upward target can be seen at 3,410. Regarding specific price levels, the area between 3,430 - 3,470 US dollars per ounce (the resonance resistance of the Fibonacci extension level and the previous densely traded area) needs to be closely watched on the upside. On the downside, the support zone between 3,260 - 3,250 US dollars per ounce (the double support of the bullish trend line and the round-number psychological barrier) should be closely monitored. 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. Trading Strategy: buy@3375-3380 TP:3400-3430
OLong
by HilaryBloomer
USDJPY Technical Outlook: SMC and Wyckoff Analysis 5 May 2025As of May 5, 2025, the USDJPY pair is trading around ¥144.30, reflecting a 0.40% decrease from the previous session. This movement follows the Bank of Japan's decision to maintain interest rates while revising growth forecasts downward, leading to a depreciation of the yen. Technical Analysis: Support and Resistance Levels: The pair is approaching a significant support zone near ¥143.00. A break below this level could expose the next support at ¥141.00, while resistance is observed around ¥148.00. Relative Strength Index (RSI): The RSI is nearing oversold territory, suggesting potential for a short-term rebound. Smart Money Concepts: Order Blocks: A bullish order block is identified between ¥142.50 and ¥143.00, indicating potential institutional buying interest. Liquidity Pools: Liquidity above the recent highs near ¥148.00 may attract price action if bullish momentum resumes. Wyckoff Method Perspective: Accumulation Phase: The recent price action suggests a possible accumulation phase, with the pair trading within a range between ¥140.00 and ¥146.00. Spring Test: A false breakout below ¥143.00 could serve as a spring, leading to potentially high buying volume. Fundamental Factors: Bank of Japan (BOJ) Policy: The BOJ's decision to keep rates unchanged, despite lowering growth forecasts, has contributed to yen weakness. Federal Reserve Outlook: Market participants are closely watching the ISM Services PMI later today and the upcoming FOMC meeting for signals on US monetary policy, which could impact USDJPY dynamics. Conclusion: The USDJPY pair is at a critical juncture, with technical indicators pointing to potential support near ¥143.00. Traders should monitor price action around this level for signs of accumulation or further downside. Fundamental developments, particularly central bank policies, will play a crucial role in determining the pair's direction in the near term.
Long
by Apexfx_Alpha
Is everyone missing the leading diagonal Ive seen conflicting Elliot Wave Counts with both Bullish counts suggesting a new ATH is at hand as the decline is only a 3 wave decline and not five and bearish counts suggesting this is only a bear market rally since the Trump Tariff Tantrums. However if we look at the decline as either a leading diagonal in a primary 4th Wave of an overall bull market or a leading diagonal which often occurs in reversal of trend from Bull to bear or vice versa. What is not commonly recognized is that the C wave in these structures is often pronounced and extended. If this count is correct the Dow has about 1000 points of upside before a very sharp decline in an E wave that will probably throw-over the lower trendline and find support in the 35000 area for a significant Wave 2 or B wave rally. The typical characteristics of the e wave are sharp and deep.
BShort
by Goodfella58
EURUSD LONG FORECAST Q2 W19 D6 Y25EURUSD LONG FORECAST Q2 W19 D6 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅4 hour order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Long
by JCFRGNT
BTCUSD at Key Supply Zone — Will Bears Take Over?Bitcoin is currently trading at $94,670, sitting just below a major supply zone on the 1-hour chart. Price has tested this region multiple times but failed to break higher — a potential sign of weakness setting in. Key Technical Zones: Supply Zone (Resistance): $94,500 - $95,250 Multiple rejections in this zone. Watch for bearish engulfing or lower highs forming. First Support: $85,759 A key level where price previously consolidated before the last breakout. Major Demand Zone: $75,800 - $76,000 Strong bullish reaction in the past. If price dumps, this is the most likely bounce zone. What’s Happening? Bulls are losing momentum at the top of the range. LuxAlgo’s Visible Range confirms high-volume resistance above. Possible scenario: Break below $85,759 could accelerate a drop to $76K. My Outlook: Leaning bearish unless BTC breaks above $95,250 with strength and volume. A rejection could provide a nice short opportunity down to $85K and possibly $76K. --- Will BTC break out or is a correction incoming? Comment your outlook and follow for more clean technical breakdowns!
BShort
by FrankFx14
LITCOIN SIGNALSHello dears You see that after a good growth, the price was in a range and then we had a decline until the support area was identified, which is also a good area and it was able to record a new ceiling, which is a good sign. Now the best and least risky thing is to buy steps. We have identified the buying steps for you and the targets... Note that this analysis is in daily time and may take a while, so if you are not patient, do not enter. *Trade safely with us*
Long
by TheHunters_Company