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CHF/JPY SENDS CLEAR BEARISH SIGNALS|SHORT Hello, Friends! It makes sense for us to go short on CHF/JPY right now from the resistance line above with the target of 182.348 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
Descending Triangle Showdown: XRP Bulls vs Bears at $2.80..!XRP is currently hovering around the $2.80 level, sitting precisely at the 0.5 Fibonacci retracement zone, which has been acting as a strong support level in recent sessions. 📉 Technical Structure: * Price action has formed a descending triangle pattern, indicating a period of consolidation following the sharp rally in July. * The 0.5 Fibonacci level ($2.80) is a critical zone to watch; a strong bounce here could signal renewed bullish momentum. * A break below $2.80 could open the doors for a retest of the 0.618 Fibonacci level ($2.60) or even deeper support near $2.00. * On the upside, a breakout above the descending trendline would be the first sign of strength, potentially driving XRP back towards $3.40–$3.80 resistance levels. ⚠️ Key Takeaway: XRP is at a make-or-break level. Bulls must defend $2.80 to keep the broader uptrend intact, while bears are eyeing a decisive breakdown to extend the correction phase. Traders should stay alert for a confirmed breakout or breakdown from this tight consolidation range. 💡 Strategy Watch: * Aggressive traders may look for long entries near $2.80 support with tight stops. * Conservative traders can wait for confirmation: a break above the trendline for bullish momentum or a clean break below $2.80 for bearish continuation.
by Kartik_Elkunchwar
Bitcoin Confirms Downtrend – Short Bias in PlayBitcoin Confirms Downtrend – Short Bias in Play Hello traders, BTC has shown strong bearish momentum, breaking below a key support and falling out of the rising channel. With price now holding firmly beneath this area, the downtrend has been confirmed. The focus now is on waiting for a pullback to find better short entries. The 111k level is a key zone to watch, where a retest of the broken channel could provide an ideal entry, creating a clean Dow structure for further downside. Short scenario: Entry around 111k, with a target near 105k. Long reaction trade: Around 105k, a small long can be considered to capture a short-term bounce as liquidity is absorbed, also offering relief for any trapped short positions. The medium-term bias remains firmly bearish until structure changes. That’s my perspective on BTC going forward. Manage risk carefully and share your thoughts in the comments – do you see further downside or a potential reversal?
BINANCE:BTCUSDShort
by BrianLionCapital
1
NZD/JPY SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! Bearish trend on NZD/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 85.565. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
CAD/JPY BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! CAD/JPY is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 105.850. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBP/JPY LONG FROM SUPPORT Hello, Friends! GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is clearly falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 198.525 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Long
by EliteTradingSignals
1
XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag formation. Medium-term traders are now waiting for a clear breakout confirmation, as that will determine the next medium- to long-term move. Once confirmed, the plan is to trade immediately in the breakout direction. In the meantime, short-term and intraday traders continue to work inside the flag, taking scalping opportunities while price remains range-bound. From my perspective, the probability of an upside breakout and continuation of the broader bullish trend is high after such a long period of consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed just below in case of a breakdown. A particularly important zone is the Fibonacci retracement 0.5 at 3354, which combines dynamic and static support with a key Fibonacci level. This is a strong area to build medium- to long-term long positions. An earlier entry can also be considered around 3372, where the previous candle confirmed strong bullish momentum. In this case, stops should be kept tight, just under the nearest support. The bullish case only fails if price breaks and closes firmly below the lower trendline, which would confirm a reversal. That’s my view on gold for the coming sessions – stay patient, manage risk, and wait for the structure to confirm. What’s your outlook? Let’s discuss in the comments.
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin – Short-Term Outlook at Key LevelsBitcoin – Short-Term Outlook at Key Levels Hello traders, BTC is consolidating around the rising trendline on the daily chart, showing a firm rejection at this level. The broader structure remains in line with the scenario I shared previously, but here’s an updated view to refine short-term opportunities. The channel is still the main focus. Recent sideways price action has formed a key support–resistance zone, which will decide the next short-term move: 113.3k resistance: A breakout here would confirm fresh long positions. 108.8k support: A breakdown would trigger short opportunities. Should support fail, the medium-term bias shifts to the bearish path outlined earlier, with potential downside towards the 9x region, supported by the larger timeframe structure. That’s my current outlook for BTC in the short term. Manage risk carefully, and let’s see how price reacts at these critical levels. Share your view in the comments – do you see BTC breaking higher or lower?
BINANCE:BTCUSDLong
by BrianLionCapital
7
Bitcoin Scenario Remains IntactBitcoin Scenario Remains Intact Hello traders, BTC spent the day moving sideways, which might feel frustrating for some. However, the price structure remains firmly within the channel, and in my view, this retest phase is necessary to strengthen the outlook. The current reactions inside the channel are short-term in nature, but they highlight how BTC is closely following technical analysis behaviour at this stage. The plan is still to look for long entries around the Fibonacci retracement levels – especially the 0.618 and 0.5 zones. With little fundamental news driving momentum right now, many traders remain undecided. This makes the technical levels even more important as reference points. That’s my perspective on BTC for now. What’s yours? Share your outlook in the comments so we can discuss further.
BINANCE:BTCUSDLong
by BrianLionCapital
1
XAUUSD Price Action Update – Waves in PlayXAUUSD Price Action Update – Waves in Play Hello traders, As I shared yesterday in the long-term outlook for gold, the first scenario is playing out almost perfectly. Price reaction levels have been spot on, making trading much easier – and that’s exactly why detailed planning is so important when building a scenario. Key reaction zones have already delivered profits: the buy at 3375 and the sell at 3409 both worked well. More importantly, my long-side projection is still valid, with targets at least around 3430 and potentially as high as 3450. Following that scenario, the plan remains to look for buy entries on pullbacks, since no market goes straight up or straight down. Every move needs secondary phases of liquidity grabs and corrections. With the current structure, buying here feels a bit “mid-range”, but with larger profit potential the risk can be justified. A buy entry around 3405 looks reasonable, while corrective short setups can be considered near 3430. Holding onto long positions at current levels remains very logical – and remember, cultivating the right trading mindset is just as important as finding good entries. Drop your thoughts in the comments, let’s discuss this setup together.
OANDA:XAUUSDLong
by BrianLionCapital
EUR/NZD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! We are now examining the EUR/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.960 level. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
XAU/USD Intraday Plan | Support & Resistance to WatchGold is trading around $3,400, pushing higher after reclaiming the $3,386 level, with the next target at $3,406. A clean break and sustained hold above $3,406 would open the path toward $3,422. On the downside, failure to clear resistance could trigger a pullback into the $3,386 support, with deeper weakness exposing $3,363 and the $3,347–$3,328 support zone. 📌Key Levels to Watch Resistance: $3,406 $3,422 Support: $3,386 $3,363 $3,347 $3,328 🔎 Fundamental Focus – Thursday, Aug 28 Today’s focus is on U.S. Prelim GDP and Unemployment Claims, both high-impact releases likely to move gold. Pending Home Sales also on the calendar. ⚠️ Volatility expected — watch for sharp moves and possible fakeouts around release times.
OANDA:XAUUSDLong
by azgoldtrader