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GBPUSD Technical Overview GBPUSD Technical Overview
GBPUSD recently peaked at 1.3790, aligning with a key historical resistance zone from October 2021. On the Daily Chart, this move completed a significant bearish pattern, suggesting the potential for further downside.
Over the last 7 trading sessions, the pair has declined nearly 400 pips, moving decisively lower.
Given the steep drop, a technical correction may be on the horizon before GBPUSD potentially resumes its bearish trajectory, as indicated by the current chart setup.
If NFP data can be strong today, GBPUSD could extend to the first target 1.3100 or 1.3000 as shown in the chart.
Overall, GBPUSD looks like it has started a downtrend.
Let's see how the price will unfolds.
You may find more details in the chart!
Thank you and Good Luck!
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GOLD: Be careful, It's More Complex Than it SeemsGOLD: Be careful, It's More Complex Than it Seems
After the NFP data came in at 73k vs. the expected 110k, the market reacted aggressively to the US dollar. Today, the US dollar was affected on two fronts.
One was the NFP data and the other was the mess that President Trump is creating with his tariffs against many countries. Uncertainty regarding the future impact of the tariffs remains high and unknown.
After the NFP data GOLD reacted aggressively against the US dollar by breaking easily two small structural areas towards 3315 and 3334. A possible correction is expected before gold moves further to 3370; 3400 and 3400, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
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Solana Update · Retrace, Bears & The Bullish BiasSolana had a retrace in May. Notice the 19-May date on the chart. This retrace produced four weeks red. The bullish move that led to this retrace lasted 6 weeks. The last rise lasted five weeks and the current retrace might last only two weeks, can be less.
We are seeing Solana rising but this rise is not a one-time off event, this is a trend that is developing. An uptrend as a long-term phenomena is different to a short-term bullish moves. A short-term move tends to be really fast, one strong burst and that's it. A long-term move is different. Instead of seeing 2-3 candles and Solana trading at $1,000, we see dozens and dozens of candles with prices slowly rising. There are strong fluctuations but the end result is always up. And that's how you see the fluctuations on the chart.
Solana moved up and then immediately started to retrace. Then another rise and another retrace again. This retrace will end and prices will continue to grow long-term. The bulls are in. The bull market is on. Solana, Bitcoin, Crypto and the rest of the Altcoins market is going up.
Namaste.
Gold 30Min Engaged ( Buy & Sell Reversal Entry Detected )Time Frame: 30-Minute Warfare
Entry Protocol: Only after volume-verified breakout
🩸Bearish Reversal - 3304
🩸Bullish Reversal - 3275
➗ Hanzo Protocol: Volume-Tiered Entry Authority
➕ Zone Activated: Dynamic market pressure detected.
The level isn’t just price — it’s a memory of where they moved size.
Volume is rising beneath the surface — not noise, but preparation.
🔥 Tactical Note:
We wait for the energy signature — when volume betrays intention.
The trap gets set. The weak follow. We execute.
4000$ is last resistance left Ready for breakout and pump?market is still bullish and i am looking for breakout here to the upside for sure But we should consider this factor that major resistance now is touching and we may have first short-term fall.
so for now we may have correction and dump to the targets like 3300$ which is first support of 0.23 Fibonacci level.
and after this healthy correction or without it we can expect more pump and breakout of 4K$ and heavy pump to the targets like 7K$.
DISCLAIMER: ((trade based on your own decision))
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Take profit is more important than a stop lossAre you actually in profit, or just delaying your next loss?
How many times have you watched your gains vanish because you wanted more?
Maybe it's time to stop fearing losses and start planning exits.
Hello✌️
Spend 3 minutes ⏰ reading this educational material.
💸 Why Most Traders Lose Profits They Already Had
Most traders obsess over stop losses but never define where they'll take profits. Imagine entering a great trade, watching the price go up, then suddenly it pulls back and you're out with nothing. That happens because you didn’t define your win.
A well-placed take profit acts like a contract with your future self. It secures your gain before the market decides otherwise.
📉 No Take Profit? Say Hello to Unnecessary Losses
Failing to set a take profit is basically handing the market a free ticket to reverse your gains. Especially in the highly volatile crypto space, a missed exit often turns into a regretful stop out. So while everyone is talking about stop losses, you should focus on where the money is actually made.
🧮 A Clear Profit Target Creates a Clear Mind
Having a defined profit target gives your mind a place to rest. It brings structure and removes hesitation. This peace of mind is something new traders lack, which often leads them to close early or hold too long.
🧠 Greed Is the Real Enemy of Your Gains
Greed whispers "Wait, it might go higher"
But when you don't have a take profit plan, that whisper becomes your worst advisor. Pro traders map their exits before entering, while amateurs dream of riding forever.
🛡 True Capital Protection Begins with Profit Protection
If you're aiming for safe capital in crypto, it's not just about minimizing losses. It's about securing wins. Beginners often build their whole plan around stop loss. But advanced traders fear losing profits more than they fear taking a hit.
🎯 Take Profit Is Your Emergency Exit Plan
Setting a profit target is like having an escape route during a fire. Without it, you’ll panic when things turn. Crypto markets are full of pump traps. Your profit is only real when you actually take it.
🚪 Exit Strategy Matters More Than Entry
Everyone talks about entries, but it's your exit that defines whether your trade ends in green or red. Many traders nail the perfect entry but without a clear exit plan, they hand back their profits. Prioritizing your take profit is not optional. It’s essential.
🔁 Managing Gains Is Managing Emotions
Without a defined exit, every candle can shake your decision-making. But when your take profit is set in advance, emotions can’t hijack your strategy. You’re following a plan, not a feeling.
📊 TradingView Tools to Manage Take Profits Effectively
In the world of trading, the right tool means the right decision. TradingView offers powerful tools that help you manage not just your stop loss but more importantly, your take profit targets. With tools like Price Range and Long/Short Position, you can easily visualize where you entered and where you need to exit before greed pulls you deeper.
The Fibonacci Extension tool is especially valuable during bullish runs. It allows you to map out realistic and strategic profit levels like TP1, TP2, and TP3. These targets can then be paired with horizontal lines or alerts within TradingView’s chart system.
Even if you're using a free TradingView account, a simple custom Pine Script can help set alerts when your percentage targets are hit so you can scale out or lock in profits instead of emotionally reacting to price movement.
Using these tools practically empowers traders to build real-world strategies and take control of their exits, not just their entries. That’s the real edge.
📌 Final Takeaway
A clear, well-placed take profit protects both your money and your mind. Don’t let your wins dissolve into losses. With the right tools and the right mindset, you don’t just survive the market, you beat it. Start managing your profits today, not just your losses.
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📜Please make sure to do your own research before investing, and review the disclaimer provided at the end of each post.
Those daily +20% to +30% candles soon will appear!!Those Fibonacci levels which are last supports for healthy & #Bullish market are all touching i mean the 0.218$(0.5 #Fibonacci) & 0.202(0.61 #Fibonacci) and i think these supports are strong enough to stop the correction and soon again it will pump and even can break daily high near 0.42$ and hit targets like 0.5$ and 0.75$.
DISCLAIMER: ((trade based on your own decision))
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ChainLink · Short-Term Correction (Retrace) · 2025 Bull MarketWe have evidence that ChainLink won't be moving much lower. There are mainly two reasons: 1) There aren't that many sellers and 2) we have strong support. We have an active support range between $14.5 and $15.95. This is the reversal point. Either current prices or this lower range which shows an intersection between two strong moving averages as well as Fib. retracement levels.
The rise between June and July has a stronger slope compared to the one before. The April-May rise was more spread out and so the correction lasts longer. The present one has a stronger slope, it is more steep, and thus a retrace will have a shorter duration because prices will continue growing.
Volume is extremely low on the drop and bearish momentum is not present. There can be one final flush reaching the levels mentioned above or lower on a wick and the market turns. The flush would make everything seen pretty bad and red but the truth is that this would be the end. When the major sell is in, the market turns around and moves the other way.
LINKUSDT is retracing within a bullish bias mid-term. Long-term growth is possible based on the bigger picture.
LINKUSDT is facing an intersection of multiple support zones, if these levels hold, we can see a resumption of the bullish move and prices grow. Each time a retrace is over, the bullish wave that follows will be many times stronger than the previous one until the bull market ends.
We are still looking at bottom prices. The best is yet to come.
Namaste.
Sui Update · Support Found, Moving AveragesWe will focus solely on the chart. As a move happens, there are always fluctuations, down and up. What determines the trend is not the short-term but the broader market move. When a pair is producing higher highs and higher lows, we are growing and going up. If there is a drop short-term, this is nothing more than a retrace because prices (profits) are rising mid- and long-term. This is the current situation and has been true for many months.
Each time Sui retraces, it finds support and then continues to grow.
SUIUSDT peaked 28-July, now five days ago. A classic retrace because after this date all days are red. Facing resistance led to immediately to a test of support. A test of support tends to lead to a new challenge of resistance.
SUIUSDT is working support at EMA89 and EMA55 daily, the same levels we had active on the last update. These levels seen to be holding strong so far and if they hold, we can see growth right away. Normally, support tends to be pierced briefly and then the market turns. So anything goes.
We can see a reversal happen now, or it can take a few days at most. The action is already happening at support and within a higher low. It can move a bit lower, but we are getting ready for the next bullish jump. This one will be a surprise and it will bring the entire market up. No excuses, no reason, just up.
Namaste.
NFP Volatility Ahead – Is the Dollar Ready to Break Higher?🟢 DXY Outlook – A Key Day for the Dollar Index
Yesterday’s monthly candle closed with strong bullish momentum, marking a powerful start to August. Today, on the first trading day of the month, we’re expecting three major U.S. economic releases:
NFP, Average Hourly Earnings (m/m), and the Unemployment Rate.
As discussed in last week’s outlook, DXY has successfully broken above the key 100 level and confirmed a monthly close above it — a significant technical development. With no major order blocks or visible resistance in the way, the path toward the 102 target appears technically clear.
That said, I anticipate mixed data from today’s releases — which means we could see both sides of liquidity being taken during the initial reaction. Price might dip toward lower zones temporarily to collect liquidity before resuming its bullish move toward 102.
📌 In summary:
From a swing perspective, I believe the direction remains bullish for the Dollar Index as long as we hold above the 100 level.
When I say the data might be “mixed,” I mean the market could show an initial drop toward lower zones at the time of release — not because of a reversal, but to grab liquidity before continuing higher toward the 102 target.
Unless we see something unexpectedly extreme in the numbers, I expect the DXY to remain on track to reach the 102 level in the coming days or next week.
🔁 This analysis will be updated whenever necessary.
Disclaimer: This is not financial advice. Just my personal opinion.
Insider Selloff + Liquidity Sweep🔻 PENGU/USDT TRADE IDEA 🔻
📣 Hey CandleCraft crew!
Today we’re diving into a chilly little bird that flew a bit too close to the heat. 🐧 PENGU pumped hard — but when team wallets start dumping $17M worth of tokens, that’s not bullish, that’s suspicious. Think iceberg ahead.
🔥 TRADE SETUP
Bias: Short
Strategy: Insider Selloff + Liquidity Sweep
Entry: $0.036 – $0.038
SL: $0.041
TPs: $0.030, $0.025, $0.018
Why?
– HTF sweep of liquidity above $0.04
– Insider wallet moved 485M tokens to exchanges
– LTF CHoCH + RSI breakdown
– Price hovering under 20-day EMA with weakening volume.
Candle Craft | Signal. Structure. Execution.
HelenP. I Bitcoin will rebound down from resistance levelHi folks today I'm prepared for you Bitcoin analytics. A technical review of the chart reveals a prolonged period of horizontal consolidation, during which the price has been trading within a well-defined range between support at 114700 and resistance near 119700. This phase of balance follows a significant prior uptrend, and a major ascending trend line is currently intersecting this range. My analysis for a short position is based on the expectation of a final 'test and fail' at the top of this consolidation. I believe the price will make one more attempt to rally towards the resistance zone around 119700. A strong rejection from this area, demonstrating sellers' control, would serve as the main confirmation for a bearish bias. Such a rejection would likely initiate a powerful downward move across the range, with sufficient momentum to break the critical ascending trend line. This would be a significant structural event, signaling a potential reversal of the larger trend. Therefore, the primary goal for this scenario is logically set at the 114700 support level, the bottom of the consolidation range. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Mechanical vs. Anticipation Trades: The Fine LineWhen traders talk about discipline, they often refer to following rules — sticking to a plan, being methodical, and avoiding emotional decisions. But there's a subtle and powerful difference between being rule-based and being blindly mechanical. And even more, there's a moment in every trader’s process where discipline demands adaptation.
Let’s look at a recent trade on Gold to understand this better.
On Thursday, I published an analysis on Gold stating that the recent breakdown of support had turned that zone into resistance. A short entry from that level made sense.
It was mechanical, clean, and aligned with what the chart was showing at the time.
And, at first, it worked. Price rose into the resistance area and dropped. Perfect reaction. Textbook setup. Confirmation. The kind of trade you want to see when following a rule-based system.
But then something changed.
Price came back. Quickly.(I'm talking about initial 3315-3293 drop and the quick recover)
So, the very next rally pushed straight back into the same resistance area, hmmm...too simple, is the market giving us a second chance to sell?
That was the first sign that the market might not respect the previous structure anymore.
It dipped again after, but the second drop was different: slower, weaker, choppier.
That told me one thing: the selling pressure was fading.
So I shifted. From mechanical execution to anticipatory mindset.
This is where many traders struggle — not because they don’t have a system, but because they don’t know when to let go of it. Or worse: they abandon it too quickly without cause.
In this case, the evidence was building. The failed follow-through. The loss of momentum. The compression in structure. All signs that a reversal was brewing.
Rather than continuing to blindly short, referring to a zone that no longer held the same weight, I started looking for the opposite: an upside breakout and momentum acceleration.
That transition wasn’t based on emotion. It was based on market behavior.
________________________________________
Mechanical vs. Anticipation: What’s the Real Difference?
A mechanical trade is rule-based:
• If X happens, and Y confirms, then enter.
• No need for interpretation, no second guessing.
• It can (in theory) be automated.
An anticipatory trade is different:
• It’s about reading intent in price action before confirmation.
• Higher risk usually, but higher reward if you’re right.
• Can’t be automated. It requires presence, experience, and context.
And the tricky part? Often, we lie to ourselves. We say we’re "mechanical" while actually guessing. Or we think we’re being smart and intuitive, when in fact, we’re being impulsive.
The key is awareness.
In my Gold ideas, the initial short was mechanical. But the invalidation came quickly — and I was alert enough to switch gears. That shift is not a betrayal of discipline. It’s an upgrade of it.
________________________________________
Final Thoughts:
Discipline is not doing the same thing no matter what. Discipline is doing what the market requires you to do, without emotional distortion.
And that, often, means walking the fine line between the setup you planned for, and the reality that just showed up.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
EURO long: The "What If?" tradeHello traders
The Euro is showing signs of bottoming out at the weekly support levels against
USD, JPY, CAD and AUD.
MOST IMPORTANT:
USD:
While King Dollar is clearly reigning after the FOMC indication not to expect rate cuts any time soon and solid economic data, the "What If" factor is NFP tomorrow and to a minor extent month end settling. If the NFP print comes in significantly lower than expectations, the Euro may pop higher. If the print is above expectations, still take a moment to check where the most jobs are. if it is in hospitality and leisure, it is probably summer hiring.
JPY: The BoJ kept rates unchanged.
CAD: The loonie is under siege with Trump's renewed 35% tariffs announced today. However, IF Russian sanctions against oil sales come to fruition, the CAD may strengthen. Watch Oil prices.
AUD: CPI came in below expectations. PPI has just printed lower too.
The Euro Zone's unemployment rate ticked down and German CPI ticked higher. The impact of tariffs seems to be priced in for the moment.
The biggest "What If" ?
The decision of the Federal Appeals Court if the International Trade Court verdict is upheld. In that case, it is all but guaranteed that it will reach the Supreme Court. IF the Supreme Court declares it unlawful, the USD MAY drop like a lead balloon.
The risk assets in these charts are all at right around the weekly 20 SMA.
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Just some food for thought. Let me know what your thoughts are.
Gold can reach resistance area and then continue to fallHello traders, I want share with you my opinion about Gold. Over an extended period, the price action of Gold has been contained within a large descending triangle, a pattern characterized by a series of lower highs testing a descending resistance line and a relatively flat support base. The major seller zone around the 3415 resistance level has consistently capped upward rebounds, establishing a clear downward pressure on the asset. The most critical recent development has been a decisive breakdown, where the price broke below a key ascending trend line and, more importantly, below the horizontal support at 3310. This structural break has shifted the immediate market dynamics, turning the former support area of 3310 - 3320 into a new ceiling of resistance. The primary working hypothesis is a short scenario based on the principle of a breakdown and retest. It is anticipated that the price will attempt a corrective rally back towards this new resistance area around 3310. A failure to reclaim this level, confirmed by a strong rejection, would validate the breakdown and signal the continuation of the larger downward trend. Therefore, the tp for this next bearish leg is logically placed at the 3240 level. This target represents a significant area of potential support and a measured objective following the resolution of the recent consolidation. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Oil Faces Bearish Turn After Speculative SpikeOil Faces Bearish Turn After Speculative Spike
Since June 24, 2024, when oil prices reached $64 entered a 38-day bullish correction. Based on the chart, this move appears to be forming an ABC corrective pattern, which may now be nearing completion.
From here, a renewed decline is likely, with potential downside targets at $65, $60, and $56.
Geopolitical Speculation Oil prices jumped in recent days following President Donald Trump's heightened rhetoric toward Russia. His announcement of a tighter deadline to end the war in Ukraine, along with tariff threats targeting countries trading Russian oil, stirred market reactions.
However, this rally seems driven more by speculation, and oil may soon resume the bearish movement again.
You may find more details in the chart!
Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day