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Double Top or Bottom

GBPUSD breakout could target 1.47GBPUSD is testing key resistance and may be gearing up for a breakout toward 1.47, with a potential 17:1 reward. Even if it reaches just a third of that move, the setup remains highly attractive. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
4
TSLA | Buy @LTP | SL below 240 | 1st Target 360⚡ Tesla (TSLA) – Breakout from Demand Zone, Big Upside Potential TSLA recently respected the strong demand zone around $220–$240 and has bounced sharply with increasing volume, signaling renewed buying interest. Price has now cleared immediate resistance and is forming higher lows a bullish sign. 📍 Entry: $282.16 🎯 Targets: TP1: $330 (mid-level) TP2: $367.34 (major resistance zone) ❌ Stop-loss: Below $242.79 This setup offers an excellent risk-to-reward ratio with a potential breakout rally if broader market sentiment supports tech. Volume spikes confirm accumulation, and momentum indicators are likely flipping bullish. Keep an eye on price action near $300 for further confirmation.
NASDAQ:TSLALong
by ProfitLossMereSath
No fear of retracement, continue to be long on goldFundamentals: 1. First, focus on Trump and the Fed’s dynamics; 2. Pay attention to whether the 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: Gold fell after touching 3330, but it is obvious that the retracement space of gold is being compressed. The lowest price of gold only fell back to 3313, and it did not even make any attempt below 3310. With the continuous consolidation and strengthening of the support in the 3310-3300 area, the double bottom structure and the arc bottom form a technical resonance in the short term. Gold should still have room to continue to rise. I expect that gold is likely to continue to rebound and extend to the 3350-3360 area. Trading strategy: It is possible to consider going long on gold again after gold falls back to the 3315-3305 area, and expect gold to rise above 3350 as expected!
OANDA:XAUUSDLong
by OsbornLytton
EURGBP Technical Setup: 1:3 R:R Opportunity on RetestAfter the drop to 0.8250 — a level not touched since 2022 — EURGBP rebounded to 0.8450 before starting another decline. However, the 0.8250 support held firm once again, a higher low follow, and EURGBP eventually broke above 0.8450, confirming a double bottom pattern. Price acceleration quickly took the pair above 0.8700, and now EURGBP is undergoing a normal correction. The broken neckline at 0.8450 now acts as clear support. Traders could look to buy near the 0.8450 retest, using a tight stop below the neckline, and aiming for at least a 1:3 risk-reward ratio. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
4
BTC/USD Price Action Update – April 28, 2025📊BTC/USD Price Action Update – April 25, 2025 🔹Current Price: 94,039.17 🔹Timeframe: 15M 📌Key Demand Zones (Support): 🟢93,331.61–93,464.50 – Immediate Intraday Demand (potential bullish continuation zone) 🟢92,901.29–93,042.00 – Deeper Demand Support (stronger reaction expected if tapped) 📌Key Resistance Level: 🔴94,518.29 – Short-Term Target Resistance 📈Bullish Outlook: Price has shown strong recovery from the demand zones. Holding above 93,331 keeps the bullish structure intact. A clean break and retest can push price toward 94,518. Watch for bullish engulfing or BOS for confirmation. 📉Bearish Outlook: If price breaks below 93,331, expect a deeper pullback into 92,901–93,042. Loss of 92,900 could indicate short-term bearish momentum. ⚡Trade Setup Tip: ✅Look for long setups on bullish reaction at 93,464 or 93,042 ✅Manage trades carefully near 94,500 resistance ✅Use tight stop-loss for scalps below demand zones #BTCUSD #BitcoinTrading #CryptoAnalysis #SmartMoneyConcepts #SupplyAndDemand #IntradayTrading #BreakOfStructure #BTCScalping #CryptoUpdate #FXFOREVER #ForexAndCrypto
CRYPTO:BTCUSDLong
by FXFOREVER_87
2
LGVN Bullish opportunity Longeveron Inc. (LGVN) offers a strong bullish opportunity as it nears a potential breakout from its prevailing downtrend. The stock has been consolidating with increasing volume and tightening price ranges, indicating accumulating buyer interest. A decisive break above the critical resistance level of $1.92, coinciding with the downtrend's upper trendline, could trigger a bullish reversal, propelling LGVN toward an initial target of $2.25, with further upside potential to $2.60. Traders should watch for strong volume confirmation and stay mindful of broader market conditions to manage risks effectively. Not advise for buying or selling, just I like what I do :)
NASDAQ:LGVNLong
by NEVERMINDS1
EUR/USD: Long-Term Breakout with Fundamental and Tech ConfluenceFor the first time since 2008, EUR/USD is showing signs of a potential long-term trend reversal. The pair has broken above the descending channel that has defined the bearish structure for over 15 years. But this is not just a technical breakout — the fundamentals support this move as well. The U.S. dollar remains under pressure as the market shifts its rate expectations. Instead of the 1–2 rate cuts initially priced in for 2025, forecasts now suggest 2–3 cuts, possibly more depending on the pace of economic softening. This aligns well with the breakout we are observing on the chart. Technical picture: confirming the breakout on all levels 1.The descending trendline from 2008 has been broken. 2.On the weekly timeframe, the price has already secured a close above this trendline, confirming the breakout structurally. 3.On the monthly timeframe, the 100-period SMA sits right at the neckline area of a large double bottom reversal pattern — adding one more layer of confirmation. These factors are not isolated — they support and reinforce each other, creating a confluence of signals across multiple timeframes. Target according to classical technical analysis: The minimal target for this breakout stands at 1.2300. This is both a major resistance zone from previous highs and approximately 70% of the height of the larger double bottom pattern — fully in line with the textbook approach to classical chart analysis.
Long
by borschenkovitc
3
AT&T I Tipping Point : Short Opportunity with Head & ShouldersHey traders after a previous trade trade on the hood hitting targets of 16.4%. Today I bring you NYSE:T Technical + Fundamental View Pro Tip - Breakdown below the Entry Line will be considered at Trade Initiation. (Risky Traders) R:R= 5.4 - Rest can follow entry at day close post breakdown SL above Entry Candle. - The Breakdown Below the Entry Line will confirm the head and shoulder pattern Entry Line - 26.93 Stoploss - 27.53 Target 1 - 25.59 (Neckline of head and shoulder) Target 2 - 24.74 Target 3 - 23.68 Technical View - Head And Shoulder on Daily Time frame - On the hourly timeframe, the chart looks weak, showing a potential double top pattern where the second peak is lower than the first, indicating growing investor fear. Fundamental View - High Debt: Over $140 billion in debt limits investment capacity and consumes significant cash flow. - Network Issues: Poor service quality and outages risk losing customers to competitors. - Strong Competition : T-Mobile and Verizon offer better plans, making customer retention harder. - Market Saturation: The U.S. wireless market is nearly saturated, limiting new customer growth. - Execution Risks: Growth and debt reduction depend on flawless asset sales and network upgrades; delays could harm finances and stock performance. Additional Considerations - AT&T’s valuation is higher than some peers, potentially capping upside. - Telecom market competitiveness means growth hinges on successful 5G and fiber rollouts. - Dividend yield (~3.9%) is attractive but lower than some rivals, which may impact income investors.
NYSE:TShort
by REUBEN_EUSTACE
GBPUSD double top: will technical and fundamental drivers align?GBPUSD is setting up for a massive move with a double top forming on the weekly chart. Learn how to catch the breakout and target over 1,300 pips with smart risk-to-reward. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
by ThinkMarkets
2