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XAUUSD Bullish Retracement Opportunity: Targeting $4,030 ?(XAUUSD) price action, focusing on a recent strong move and a potential reversal setup. 1. Key Price Action Prior Uptrend: The chart shows a significant, powerful bullish move leading up to the $4,030–$4,040 area, evidenced by a series of large, green (bullish) candlesticks. This indicates strong buying pressure and momentum preceding the current segment. Recent Sell-off/Correction: Following the high, the price experienced a sharp sell-off (red candlesticks), bringing it back down significantly. Current Bounce and Retracement Area: The price has bounced off a lower area and is now currently trading around $4,012.48. 2. Proposed Trading Scenario (Technical Pattern) The black and green arrow indicates a potential bullish reversal/continuation pattern: Potential Retracement/Support Zone: The cyan-shaded rectangle, roughly between $3,990 and $4,005, appears to be a demand zone or a zone of prior support/resistance that the price is expected to re-test. The proposed path shows the price first pulling back to this zone before resuming its ascent. Planned Trajectory: The indicated path suggests a "dip-buying" strategy, where a trader would wait for a pullback into the support/demand zone (the cyan box) and then enter a long position. Target 1 (T1): $4,030.42: This is the immediate target, likely a re-test of a recent swing high or a key resistance level. Target 2 (T2): $4,040.00: This is the secondary target, indicating an expectation for the price to break the first resistance and continue higher to test the ultimate recent high or the next significant resistance level. 3. Conclusion The analysis suggests a bullish outlook in the short to medium term, following an initial retracement. The trading plan hinges on the cyan box holding as a key support/demand zone to facilitate a push back toward the recent high, aiming for new short-term highs at $4,030 and $4,040. This is a classic "buy-the-dip" setup within a broader context of strong upward momentum.
GBEBROKERS:XAUUSDLong
by fx_martin9
STMX/USDT 4-hour short trade opportunityBINANCE:STMXUSDT STMX/USDT 4-hour short trade opportunity The price has been rejected twice at the rising wedge pattern and is now testing the horizontal level (HL). The weakness in price momentum and bearish divergence confirms that a sell-off is likely in the coming hours. Overall, this is a Bearish setup for STMX/USDT, and a Short position could be considered. Please note that this is not financial advice, and you should always do your own research before making any investment decisions.
SShort
by ChartsInsights
EURUSD > Important Trading Levels You Should WatchAnalysis of #EURUSD Hi traders, today we will have a look at #EURUSD as you can see here looking at the chart we have the EURUSD tested trendline resistance and started to go down. the market right now is out of momentum and there is no reason for the euro to keep going up, although the trend direction is to the upside it's better to look for buy entries instead of selling entries, but if you want to sell you can look for the market to retest the trendline resistance, near 1,0900 and form double top before you getting in a sell the better option is to wait for the market to test the trendline support which is also the structure support Zone near 1.0700 it will make a very good level for entry with a good reward to risk I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
by TheTradersAvenue
4
WEEKLY CHART - RANA SUGARS LTDThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. RANA SUGARS - MY VIEW - EXPECTED 150.63% RETURNS/ GAINS ✅✅✅✅ Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
NSE:RANASUGLong
by Tradelikemee
BTC is getting ready for the Big moveHi guys, This is Martin, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #BTC UPDATE BTC is forming this big falling wedge pattern what is falling wedge pattern The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend. *BTC Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout * RSI is also sowing some bullish divergences move *If it conform this pattern then according to the pattern we will see good bounce Stay tuned I will keep updating This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
by MartinTraderc
4
EURJPY - 240 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Short
by Tradelikemee
2
BTCUSDT - BEAR FLAG BREAKING TO THE DOWNSIDE?We have published this idea back in early March. BTCUSDT bearish flag is possibly breaking down and playing out as expected. Would expect a retrace to ~$38K before it continues its downward movement. Major support around $30K. FED move to reduce balance sheet (QT - taking liquidity out of the market) will keep pressure on the risk assets. Cryptos are moving in sync with tech sector/Nasdaq. Expect more downside in cryptos & overall market until QT ends. * Not financial advice; Do your own DD. Thank you for your time.
COINBASE:BTCUSDShort
by BlokBox
Bitcoin Bulls Vs Bears (why You should Wait to Buy PULLBACK)Bitcoin Bulls have successfully kicked 11700 as** like its no mans business but then it looks stuck or should I say trapped? with the bears growing in strength with each bear trend bar, bears are trying to force a pullback to below 11k zone possibly I see the 10800 to 10500 zone just where price broke out from the pennant earlier. Thanks for reading, Liking, Commenting and possibly if you are new here start by clicking the follow button on this post. Yes the bulls are serious about the Bullish trend on the Bigger trend channel as bears have failed to break out of the (big channel highlighted in green trendlines) but inside this big trend channel is nested some smaller trend channel created by the past few days pump by the bulls. If you are well known to Price action and channels, then you know that its likely we retest the start or beginning of the small channel at around the breakout point from the pennant also nested inside the bigger Trend Channel. OH Yes! I know the fall wont be easy because of the current trading range form around 11200 to 11700 zone meaning chances of breakout at either side is high but......Retest of breakout point looks higher at the current point.
by MachiavelliTrader
5