BTC "SELL @ 113.5K@ Part IIMorning folks,
So, everything goes just perfect. Sell around 113.5K resistance is done well. If you're in, move stops to breakeven. Now we need just to watch whether 2nd part of our plan will come true or not.
If you remember, we suggest the failure of reverse H&S pattern here and drop below 107K lows.
So we keep the bearish context for this setup for now.
Still, on the right arm's bottom you can see small reverse H&S pattern. If you have an opposite view, or just want to make a scalp trade - it could be useful for this purpose:
Take care
S.
Daily Charts
Counter-Pattern BTC Idea. Sell @ 113.5KMorning folks,
So, our plan stands in progress, everything is fine, while market is moving with 3-Drive pattern to the upside. It's time to decide what to do next.
BTC will remain under pressure until the mid September, due to big Treasury borrowings. At the same time we see that it is forming reverse H&S pattern, which is potentially bullish. Our idea is to go against it with the most safe way and Sell at the neckline and K-resistance area of 113.5K level.
Because we think that this H&S has more chances to fail rather than to work properly. But, anyway, if even it will work as it should, the right arm deep should let us to move stops to breakeven. So, we think that this trade scenario cares not much risk
Gold 1H – Smart Money Plays Below 3,600Gold on the 1H timeframe is consolidating near 3,600 after sweeping short-term liquidity. Price is currently building imbalance around intraday highs, while demand sits lower at 3,565. This structure suggests engineered moves to trap both buyers and sellers before the next expansion.
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📌 Key Structure & Liquidity Zones (1H):
• 🔼 Buy Zone 3,565 – 3,563 (SL 3,560): Discount demand block, aligned with bullish order flow.
• 📍 Scalp Sell Zone 3,594 – 3,596 (SL 3,601): Intraday rejection pocket; scalp opportunity.
• 🔽 Sell Zone 3,630 – 3,628 (SL 3,637): Premium supply zone, ideal for liquidity sweep reaction.
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📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Block Reaction
• Entry: 3,565 – 3,563
• Stop Loss: 3,560
• Take Profits:
o TP1: 3,585
o TP2: 3,595
o TP3: 3,600+
👉 Expect liquidity sweep into discount demand before resuming bullish trend.
🔻 Sell Scalp Setup – Intraday Reaction
• Entry: 3,594 – 3,596
• Stop Loss: 3,601
• Take Profits:
o TP1: 3,592
o TP2: 3,590
o TP3: 3,585 → 3580 → 3570 → 3560
👉 Short-term liquidity pocket; scalp only with strict risk control.
🔻 Sell Setup – Premium Rejection
• Entry: 3,630 – 3,628
• Stop Loss: 3,637
• Take Profits:
o TP1: 3,610
o TP2: 3,600
o TP3: 3,590
👉 Targeting liquidity resting below intraday lows; best for quick shorts.
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🔑 Strategy Note
Overall bias remains bullish, but smart money may engineer a sweep of 3,626 supply before driving price back into 3,565 demand. Cleaner setup is to buy dips, while sell scalps remain short-lived opportunities.
Gold 4H Outlook – Buy the Dip or Fade the Drop?Gold on the 4H timeframe is consolidating below 3,600 after a strong bullish run. Current structure shows price resting near premium levels, with liquidity building both above 3,600 and below 3,530. This suggests engineered sweeps before the next expansion.
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📌 Key Structure & Liquidity Zones (4H):
• 🔼 Buy Zone 3,572 – 3,574 (SL 3,565): Fresh demand zone sitting at intraday discount; potential continuation area.
• 🔽 Sell Scalp Zone 3,530 – 3,526 (SL 3,537): Short-term supply/pivot area; scalp opportunity if price rejects.
• 📍 Liquidity Magnet 3,603 – 3,605: Upside imbalance zone likely to be rebalanced.
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📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Demand Zone Reaction
• Entry: 3,572 – 3,574
• Stop Loss: 3,565
• Take Profits:
o TP1: 3,585
o TP2: 3,595
o TP3: 3,605
👉 Demand block aligned with bullish order flow. Look for liquidity sweep and rejection to resume trend.
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🔻 Sell Scalp Setup – Short-Term Reaction
• Entry: 3,530 – 3,528
• Stop Loss: 3,537
• Take Profits:
o TP1: 3,520
o TP2: 3,510
o TP3: 3,500
👉 Intraday supply zone and pivot. Best used for quick scalps against trend, targeting downside liquidity.
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🔑 Strategy Note
Bias remains bullish overall, but intraday shorts are valid for scalps. The cleaner setup is buying into 3,572–3,574 for continuation toward 3,600+. Smart money may sweep liquidity at 3,530 before reversing higher.
Gold 05/09: Ready to Scalp the Drop or Buy the Dip?🟢 Market Context
Gold is currently showing a short-term bearish setup after a ChoCH (Change of Character) near 3,536.556. The market is rejecting supply and forming liquidity sweeps around the 3,531–3,533 zone. Expecting price to pull lower toward demand areas before the next bullish leg.
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📍 Key Levels & Trade Plan
🔴 Intraday Sell (Scalp Opportunity)
• Entry: 3,531 – 3,533
• Stop Loss: 3,535
• Target: 3,485
🟢 Swing Buy Zones
1. Buy Zone 1: 3,475 – 3,477
o Stop Loss: 3,470
o Target: 3,508 – 3,526
2. Buy Zone 2 (Deeper Discount): 3,441 – 3,443
o Stop Loss: 3,435
o Target: 3,500+
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⚖️ SMC Bias
• Short-term: Bearish scalp from supply zone.
• Mid-term: Looking for liquidity grab and bullish reversal at demand zones.
• Long-term: Maintaining bullish order flow as long as deeper demand (3,441) holds.
Gold 04/09 – Smart Money Setup: Sell Scalp, Prep for Buy Zones🟢 Market Context
Gold is currently showing a short-term bearish setup after a ChoCH (Change of Character) near 3,536.556. The market is rejecting supply and forming liquidity sweeps around the 3,531–3,533 zone. Expecting price to pull lower toward demand areas before the next bullish leg.
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📍 Key Levels & Trade Plan
🔴 Intraday Sell (Scalp Opportunity)
• Entry: 3,531 – 3,533
• Stop Loss: 3,535
• Target: 3,485
🟢 Swing Buy Zones
1. Buy Zone 1: 3,475 – 3,477
o Stop Loss: 3,470
o Target: 3,508 – 3,526
2. Buy Zone 2 (Deeper Discount): 3,441 – 3,443
o Stop Loss: 3,435
o Target: 3,500+
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⚖️ SMC Bias
• Short-term: Bearish scalp from supply zone.
• Mid-term: Looking for liquidity grab and bullish reversal at demand zones.
• Long-term: Maintaining bullish order flow as long as deeper demand (3,441) holds.
Gold 03/09 – Smart Money Playbook: Buy the Dip, Sell the High🟢 Market Context
Gold maintains a bullish order flow after multiple BOS (Break of Structure) and ChoCH (Change of Character) confirmations. Price is currently consolidating near the 3,533–3,540 zone, with a clear FVG (Fair Value Gap) below. The market shows potential for liquidity sweep before another leg upward.
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📍 Key Levels
• Resistance (Sell Zones): 3564 | 3575–3576 | 3586 | 3595
• Support (Buy Zones): 3528 | 3508 | 3494 | 3480–3478 | 3468
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🛠️ Trade Ideas
✅ Buy Zone (Intraday Swing)
• Entry: 3480 – 3478
• SL: 3473
• TP: 3485 – 3490 – 3500 – 3515 – 3520 – 3530
📌 Expectation: Price to mitigate FVG and react from demand zone before continuation upward.
✅ Buy Scalp (Quick Reaction)
• Entry: 3501 – 3503
• SL: 3491
• TP: 3510 – 3525 – 3545 – 3550
📌 Expectation: Short-term liquidity grab above 3500 psychological level leading to bullish push.
❌ Sell Zone (Countertrend Play)
• Entry: 3575 – 3573
• SL: 3582
• TP: 3565 – 3555 – 3545 – 3530 – 3520
📌 Expectation: Strong supply zone where smart money may hunt liquidity before reversal.
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🔑 SMC Insights
• BOS confirms bullish bias, but price may retrace to fill imbalance (FVG).
• Liquidity likely resting around 3480–3500 before a push to test 3575+.
• High probability of buying dips at demand and selling extreme supply zones.
BTC 3-Drive Pullback. 113.5KMorning folks,
BTC for now is moving accurately from one our target to another. First it was 108.4K, now it is 108K. Next should be 104-105K...
Still, price stands at strong support area and is forming bullish reversal session on daily chart. On 1H chart we have clear 3-Drive Buy pattern. So, chances are above zero that before it keep going down, the pullback happens...
That's why if you want to go short we call you to wait for the bounce and try to sell the rally instead. The minimum 3-Drive target is above 113K top, where we have also K-resistance area. So, just watch for it, if you want to sell.
Also we have no objections against long entry with 3-Drive. Although it doesn't correspond to overall context and we do not include this trade in our plan. But, now this trade has a small risk and could be considered, if you want.
I sign this update with "Long" idea, but only for pullback. Context remains bearish.
Gold 01/09: FVG Retracement – Buy the Dip, Short 3515SMC Analysis for 01/09
Gold continues to maintain a bullish order flow after clear BOS and ChoCH confirmations. Price has created an FVG (Fair Value Gap) around 3463 and is currently moving toward the 3515 supply zone.
✅ BUY Scenarios
• Buy Zone 1: 3418 – 3422
o Demand zone aligned with trendline + liquidity sweep.
o SL 3410
o TP: 3430 – 3445 – 3455 – 3460+.
• Buy Scalp Zone: 3352 – 3350
o Deep liquidity grab area for quick scalp.
o SL 3344
o TP: 3360 – 3380 – 3400.
👉 All buy zones follow the dominant bullish structure. The best strategy is to wait for retracements to enter long.
❌ SELL Scenario
• Sell Zone: 3515 – 3517
o H1 supply zone overlapping resistance.
o SL 3522
o TP: 3500 – 3485 – 3475 – 3465 – 3450.
👉 Short trades are only for quick pullbacks. Larger bias remains bullish unless a strong bearish ChoCH develops.
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📌 Conclusion:
• Main bias: Buy the dip at 3415–3422, 3442–3447, and scalp at 3352–3350.
• Secondary play: Sell 3515–3520 back to demand.
• Keep an eye on FVG 3463 as the key reaction level.
Will Gold Back Again To 3400 ?Market Context
• Price has shown multiple bullish break of structure, confirming short-term bullish order flow.
• A supply zone around 3449 – 3451 may provide liquidity for a reaction.
• The fair value gap between 3360 – 3310 remains unfilled and could attract price.
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Key Levels
• Supply Zone: 3449 – 3451
• Buy Zone 1: 3396 – 3400 (SL 3390)
• Buy Zone 2: 3310 – 3315 (SL 3303)
• FVG Zone: 3360 – 3310
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Trading Scenarios
Primary Buy Setup
• Entry: 3396 – 3400
• Stop Loss: 3390
• Target: 3449 – 3460 liquidity sweep
Secondary Buy Setup
• Entry: 3310 – 3315
• Stop Loss: 3303
• Target: 3396 – 3449
Counter-trend Sell
• Entry: 3449 – 3451 if rejection occurs
• Stop Loss: above 3458
• Target: 3400 demand
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Summary
The main bias remains bullish with two buy zones identified: 3400 for a shallow entry and 3310 for a deeper liquidity sweep. Short positions at supply should only be considered as counter-trend scalps.
Gold 29/08: Smart Money Targets 3444 or Sweeps 3395Market Context (SMC View):
• Gold rejected from 3423 liquidity zone and is retracing into discount.
• Demand sits at 3397–3395, which could provide a bounce if tapped.
• Premium supply zones above 3422 and 3442 remain attractive for shorts.
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🔼 BUY SCENARIO
• Buy Zone: 3397 – 3395
• SL: 3389
• TP: 3405 → 3415 → 3425
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🔽 SELL SCENARIO 1 (Price Action)
• Sell Zone: 3422 – 3424
• SL: 3430
• TP: 3412 → 3400
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🔽 SELL SCENARIO 2 (Swing)
• Sell Zone: 3442 – 3444
• SL: 3452
• TP: 3425 → 3412 → 3400
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📌 Conclusion & Notes
• Bias: Buy on dips at 3397–3395, then look for liquidity grab around 3422–3424 or extended sweep into 3442–3444 for short entries.
• 3422–3424 is the first intraday supply zone, while 3442–3444 is the major swing sell zone.
• Patience: wait for rejection/confirmation candles before selling.
• Protect capital: keep SL tight, as gold tends to hunt liquidity around round numbers.
Divergence has appeared at H4 – TOP IS ABOUT TO BE FORMEDGold SMC Daily Plan – 28/08
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Market Context (SMC perspective):
• Price is currently trading around 3395–3396 after an impulsive bullish run and showing early bearish divergence on H4, signaling a potential short-term top.
• Key resistance sits at 3400 – a clean break above could sweep liquidity towards 342x–343x, retesting old ATH.
• If 3370 support breaks, price could retrace deeper into the 335x BUY zone for a strong bullish setup.
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Key Levels:
• Resistance: 3396–3400 (Sell Zone), 342x–343x (liquidity sweep area)
• Support: 3370, 3354–3352 (Buy Zone), 3325 (SL for buys)
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SMC Zones & Liquidity Pools:
• BUY ZONE 1: 3354–3352 (below liquidity sweep under 3370)
o SL: 3347
o TP: 3365 → 3375 → 3385 → 3395 → 3400+
• BUY ZONE 2: 3380 – 3382
o SL: 3374
o TP: 3390 → 3400 → 3415 →3430 → 3450+
• SELL ZONE: 3408 - 3410 (above recent high)
o SL: 3416
o TP: 3390 → 3380 → 3375 → 3360
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Plan & Scenarios:
1. Sell Scenario (Primary Bias – Divergence Play):
o Wait for liquidity grab above 3396–3399 (sweep into resistance)
o Enter short with SL above 3403
o Scale out profits at 3390–3380–3375; leave runner targeting 3360 if support breaks
2. Buy Scenario (Counter Play – Break & Retest):
o If price dips into 3354–3352 buy zone, look for bullish reaction (choch / BOS on lower TF)
o Enter long with SL below 3347
o Target 3365–3375–3385–3395–3400+
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Confluence:
• H4 bearish divergence indicating exhaustion at top
• Untapped liquidity zones above 3396 and below 3370
• FVG and imbalance areas aligning with the 335x buy zone
BTC 114-114.70K Resistsance to WatchMorning Folks,
Our recent plan worked nice - 108.40$ target is done. Not occasionally we called to not set too deep targets because of strong 105-108K support area. Which, honestly speaking has decisive meaning for BTC.
Now we keep an eye on 114-114.7K resistance area. Potentially it might be interesting for bearish position taking. Although more precisely we could say if market will get there.
Bullish ideas might interesting only if BTC returns to ~118K top. In this case reverse H&S pattern might start forming. But, since liquidity pressure in the US continues we do not count on this scenario right now. More probable that in nearest 1-2 weeks BTC spends in sideways action.
Gold 27/08: Smart Money Targets 3405 or Sweeps 3355?Gold SMC Daily Plan – 27/08
Market Context (SMC View):
• Price consolidates around 3378, respecting the liquidity trendline with multiple BOS and ChoCH, showing smart money activity.
• Key resistance: 3393–3406 (supply & liquidity pool).
• Key support: 3352–3358 (demand zone) with OB near 3325.
• Expect a liquidity sweep either above 3405 or below 3355 before trend confirmation.
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📊 Key Liquidity Zones & Entries
✅ Sell Zone: 3402–3406
o SL: 3410
o TP: 3390 → 3380 → 3360
✅ Buy Zone 1: 3352–3358
o SL: 3345
o TP: 3360 → 3375 → 3385 → 3395
✅ Buy Zone 2 (intraday pullback): 3376–3380
o SL: 3370
o TP: 3385 → 3395 → 3405
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SMC Scenarios for 27/08
Scenario 1 – Liquidity Grab at Resistance:
• If price sweeps 3402–3406, watch for fake breakout signs.
o Short from zone with TP as above.
Scenario 2 – Buy on Dip (Demand Zone):
• If price retraces deeper to 3352–3358, wait for bullish reaction to buy.
• If price respects trend and holds 3376–3380, look for intraday longs.
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SMC Notes:
• Focus on buying dips unless liquidity grab happens first at 3402–3406.
• Watch price action near trendline & OB at 3325 for high-probability reversals.
AUDJPY - The Bears Are Still Strong!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance.
Moreover, the blue zone is a strong resistance.
📚 As per my trading style:
As #AUDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
105-108K is a Vital BTC areaMorning folks,
It seems that everything goes as we suggested. S. Bessent grabs all available liquidity out of the market. RRP is done already, next is a banking reserves. They still need around $500 Bln. This explains, why other markets show reasonable action while BTC totally erased Powell speech effect.
BTC now stands at vital area. Downside breakout of 105-108K support will lead probably to appearing of big daily H&S pattern and following drop under 80K area...
For now we do not consider any long positions. To take the short one, you anyway will have to do it against the Friday's top of 117K, which seems a bit too far for daily/intraday trading. So, you have to find either closer area for stop placement or wait for some upside bounce.
Although it is a temptation to treat daily shape as Double Top, I wouldn't aimed right now on its 101K target. Better to consider closer standing ones around 108K first.
AUDCAD At Make-or-Break Zone – Time to Ride the Bulls?AUDCAD has been overall bullish trading within this rising channel 📈
Right now, price is retesting the lower bound acting as support 🔑
As long as this zone holds, I’ll be looking for longs targeting the upper bound 🎯
Patience is key here ⏳ — let the bulls step in, then ride the next impulse 🚀
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
BTC 108-110K Vital area is TestingMorning folks,
Not many things to say for now, as major problem stands in fundamental area - US liquidity drought. S. Bessent grabs everything that he could and even more. He already finished RRP source totally and now US Treasury intends to put his hands in Banking Reserves. They still need ~ 350 Bln for their TGA Fed account and another 250Bln of net debt borrowing.
The major question whether BTC will able to hold this? So we do not want to take part in this adventure, especially with Jackson Hole meeting right around the corner.
We suggest to watch for market reaction on this support area and rely on clear patterns. If somehow this area will be broken, BTC could return back into 80-100K trading range. Many things will depend on close price of this week.
So, stay aside for now.
BANDUSD attempting an invh&s + double bottom breakoutBAND has been available for a significant iscount lately but the sale may be ending soon as it is now attempting both an inverse head & shoulders breakout, as well as sending wicks above the neckline of a slightly larger double bottom pattern. The double bottom pattern is in chartreuse and the inverse head and shoulder pattern is in lilac. We can also see BAND looks lke it’s about to have a golden cros in the next week or 2 which should increase probability to confirm the breakout of these two bullish patterns as it will add bullish confluence as long as prce action isn’t two high above the 30&200 moving averages at the time of the golden cross *not financial advice*
Chainlink climbing the measured move line staircaseLooks like Chanlink is ready to confirm the double bottom breakout here as the past few candles have already started to climb up the measured move line like a staircase.Always possible for a dip back below the neckline at this point but probability slightly favors the readout being validated instead for now. *not financial advice*
EURUSD - One More Bearish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURUSD has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance.
Moreover, the blue zone is a strong supply.
📚 As per my trading style:
As #EURUSD retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.