NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION?NZD/USD TRADING PLAN – MAY 21 | RETEST OR CONTINUATION? 🔍
After several steady bullish sessions, NZD/USD is pulling back slightly from the 0.5961 resistance zone. The pair remains within a well-defined ascending channel on the H1 chart and is approaching a key support area around 0.5910 — a zone that could trigger a technical bounce and continuation of the current bullish trend.
🌍 MACRO CONTEXT:
The US Dollar Index (DXY) is showing signs of weakness following disappointing CPI and PPI data. This opens up room for commodity currencies like NZD to recover further.
Meanwhile, New Zealand's domestic consumption data has exceeded expectations, and the RBNZ continues to maintain a stable policy outlook — a medium-term bullish sign for NZD.
Market sentiment is leaning cautiously against the USD, especially as the Fed holds its “no cut but no hike” stance — boosting interest in alternative currencies.
📊 TECHNICAL OUTLOOK (H1):
NZD/USD is trading within an ascending price channel.
EMA 13 is above EMA 34 and EMA 200 — a positive short-term trend signal.
Two important zones to watch today are 0.5910 (key support) and 0.5961 (key resistance).
🎯 TRADE SETUPS FOR TODAY:
✅ SCENARIO A – BUY THE RETEST:
If price tests the 0.5910 zone and shows strong reaction:
BUY ZONE: 0.5910 – 0.5915
SL: 0.5890
TP: 0.5960 → 0.5980 → 0.6000 → 0.6006
→ This zone aligns with ascending channel support + prior FVG → strong rebound probability.
✅ SCENARIO B – BREAKOUT & CONTINUATION:
If price breaks and holds above 0.5961:
BUY SCALP: 0.5965 – 0.5970
SL: 0.5950
TP: 0.5980 → 0.6000 → 0.6006
❌ SCENARIO C – BEARISH BREAKDOWN:
If price fails to hold above 0.5910 and closes H1 candle below it:
SELL SCALP: 0.5900 – 0.5895
SL: 0.5915
TP: 0.5870 → 0.5850 → 0.5820
📌 FINAL THOUGHTS:
NZD/USD is at a critical decision point — this could be a retest before continuation to 0.6000 or the beginning of a deeper drop.
Watch the 0.5910 level closely to determine market direction.
⚠️ Risk management is key — high volatility expected as U.S. PMI data is set for release during today’s NY session.
🧠 Be patient. Let price come to your zone. React, don’t predict.
Trading
GOLD 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELSGOLD MARKET UPDATE 21/05 – FED'S HAWKISH STANCE VS. TECHNICAL LEVELS – BIG MOVE AHEAD?
Gold’s recent rally has paused as traders weigh the latest signals from the Federal Reserve. Despite geopolitical tensions and softer U.S. economic data, the Fed is sticking with a "higher-for-longer" interest rate policy, which has kept the U.S. dollar strong and put pressure on gold’s price action.
📉 However, the technical outlook suggests a different story.
⚙️ TECHNICAL ANALYSIS: Is It A Bearish Trap Or A Hidden Bullish Opportunity?
Looking at the 1H timeframe, XAU/USD is consolidating after reaching a major Fair Value Gap (FVG) between 3328–3356. This zone reveals significant volatility and potential liquidity grabs, with two key FVG zones forming above and below the current price levels.
There’s a potential bullish scenario if gold retraces to the 3250–3252 support zone, where strong trendline confluence and dynamic support are likely to drive demand.
On the flip side, any rejection from the 3354–3356 SELL ZONE could initiate a bearish trend, pushing gold lower to test key structural support levels.
💹 TRADING STRATEGY FOR TODAY:
🔵 BUY ZONE
Entry: 3252–3250
Stop Loss: 3246
Take Profit:
3256 – 3260 – 3264 – 3268 – 3272 – 3280 – 3300 – ???
🔵 BUY SCALP
Entry: 3277–3275
Stop Loss: 3272
Take Profit:
3280 – 3284 – 3288 – 3292 – 3296 – 3300
🔻 SELL ZONE
Entry: 3354–3356
Stop Loss: 3360
Take Profit:
3350 – 3346 – 3342 – 3338 – 3334 – 3330 – 3320
🔻 SELL SCALP
Entry: 3328–3330
Stop Loss: 3334
Take Profit:
3324 – 3320 – 3316 – 3310 – 3305 – 3300
🌍 MACRO INSIGHT
The Fed’s hawkish stance continues to weigh on gold, but geopolitical uncertainty and ongoing de-dollarization trends maintain gold’s appeal.
China, along with other central banks, is still actively accumulating gold, signaling that long-term bullish pressure remains intact.
Keep an eye on U.S. data this week, especially PMI and jobless claims, as these could act as short-term catalysts for gold.
📌 KEY NOTES
Volatility is increasing, so stay disciplined. Stick to your key levels and manage risk effectively. Patience and strategy will be key as the market moves in the coming days.
Stay alert and trade wisely!
THETAUSDT: Strong Fundamentals, Bullish Technicals: What’s Next?Hello Everyone!
In this idea, I’ll break down BINANCE:THETAUSDT from both a fundamental and technical perspective. The goal is to uncover whether THETA presents a real opportunity or if it’s just another altcoin market noise.
1. Fundamental Analysis
I’m bullish on THETA not only for its technical setup but also for its strong fundamentals:
- AI Integration Advantage: THETA is carving out a niche in the AI and decentralized video infrastructure space which is a sector currently enjoying massive global attention and investment. This AI focus gives THETA a competitive edge in a rapidly evolving industry.
- Tokenomics: THETA has a maximum and circulating supply of 1 billion tokens , which is relatively no inflationary token.
- Upcoming Catalyst : EdgeCloud Beta Launch : A major catalyst is scheduled for June 25 , with the beta launch of THETA’s EdgeCloud platform. This development could generate renewed investor interest and media attention.
- Active Transparent Team : THETA’s team is known for being highly active and continuously forming strategic partnerships, which reinforces long-term credibility and ecosystem growth.
2. Technical Analysis
On Weekly timeframe
- THETA has recently made an upward move from a strong demand zone , showing clear signs of buyer interest. Notably, it didn't break below its 2023 bottom , which reinforces a bullish structure and suggests that the long-term support is holding firm.
- Additionally, the MACD is on the verge of a bullish crossover, signaling a potential shift in momentum. If confirmed.
On 4D timeframe
- THETA also bounced off a PD Array, specifically a Fair Value Gap (FVG) , which often acts as a high-probability reaction zone in ICT . Adding to the bullish confluence, it closed a previous 4-day candle with strength , confirming bullish intent and showing institutional interest may be stepping in at this level.
- THETA is currently targeting the next PD Array — a swing point around $1.08 . If price sweeps this level with strength, the next potential target lies around $1.311 , aligning with the next major liquidity zone .
On 4H timeframe
- For bullish momentum to truly build, THETA must break above the key resistance zone at $0.93 . This level has acted as a supply barrier, and a clean breakout could trigger increased buying pressure.
- On the Cumulative Volume Delta (CVD) , there's a bullish divergence forming — a strong indication that buying interest.
In conclusion, THETA/USDT is showing promising signs both technically and fundamentally. The bounce from a key demand zone, bullish divergence on CVD, and a potential MACD crossover suggest momentum may be shifting in favor of bulls. If price breaks above the $0.93 resistance , we could see a move toward $1.311 .
On the fundamental side, THETA’s involvement in the booming AI sector, capped supply, upcoming EdgeCloud beta launch (June 25), and an active development team provide strong long-term potential.
As always, manage risk wisely and monitor key levels for confirmation.
Gold Price Analysis – Bullish Trendline Support...This 1-hour chart of Gold Spot (XAU/USD) shows a strong bullish trend supported by an ascending trendline. Price has recently broken above a key resistance level and is now approaching a marked Reversal Area. A pullback towards the highlighted trendline support and horizontal zone (~3,250) is anticipated before a potential continuation upwards. The chart suggests bullish momentum remains intact as long as the price holds above trendline support. Watch for price action confirmation near the support zone for potential long opportunities.
HUGE POTENTIAL IN THE NIFTY AUTO INDEX - STARTING OF THE 5 WAVEIndian Auto Index Technical Analysis
The Indian Auto Index made an all-time high (ATH) of approximately 27,700, completing Wave 3
From there, a Wave 4 corrective phase began, ending at 19,300 (a 30% decline).
A large Flag pattern has formed on the monthly charts and has been broken with a strong bullish candle, projecting a full target of 38,000 (an upside of 63%).
Using the Fibonacci extension from the COVID fall, the 3.618 level comes to approximately 32,600.
Taking the extension of Waves 3 and 4, the 1.618 level also points to 32,600, reinforcing this level as a major target.
List of Technical Targets
Target 1 – 23,960
Target 2 – 25,500
Target 3 – 27,700 (previous ATH)
Target 4 – 32,600 (Fibonacci confluence)
Target 5 – 34,000
Target 6 – 38,000 (flag pattern breakout target)
Important Dates Based on Time Cycle Analysis
17 November 2025
30 March 2026
4 January 2027
29 April 2029
BITCOIN Free Signal! Sell!
Hello,Traders!
BITCOIN keep growing in a
Strong uptrend but the price
Will soon hit an an all-time-high
Price around 109,400$ which
Is also a resistance from where
We can go short with the
Take Profit of 103,900$
And the Stop Loss of 109,739$
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Price Analysis May 20Yesterday's D candle is still in the sideways range of Gold, showing only a little bit of bullish force and the next developments are unclear.
Gold has broken out of 3218 and is heading towards resistance 3236 in the late European session. This is also an important breakout zone, if it breaks this zone, Gold will find 3282 in the US session, which is completely possible. The resistance zones around 3250 are really no longer valuable for the return of Gold's price increase. The resistance zone is considered for Scalping to pay attention to the price reaction to SELL around 3265.
After Gold decreases, the Break out zone 3218 acts as immediate support, the Break out zone 3192 is the Target for SELL entries and if the US session's strong selling force breaks this zone, then don't buy anymore and have to wait for support 3159.
Wish you a successful transaction
EUR_USD BULLISH BREAKOUT|LONG|
✅EUR_USD made a bullish
Breakout of the key horizontal
Level of 1.1287 and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further bullish move up
After a potential local
Retest of the new support
LONG🚀
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Nightly $SPY / $SPX Scenarios for May 21, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for May 21, 2025 🔮
🌍 Market-Moving News 🌍
🇺🇸 G7 Finance Ministers Convene Amid Tariff Tensions
Finance ministers from G7 nations are meeting in Banff, Alberta, focusing on restoring global stability and growth. Discussions are expected to address excess manufacturing capacity, non-market economic practices, and financial crimes. Tensions may arise due to recent U.S. tariffs affecting multiple G7 nations.
🛢️ Oil Prices Rise on Geopolitical Concerns
Oil prices increased over 1% following reports that Israel may be preparing a military strike on Iranian nuclear facilities. Such actions could disrupt Middle East oil supplies, particularly if Iran blocks the Strait of Hormuz, a vital passage for crude exports.
📈 Retail Earnings in Focus
Major retailers, including Lowe's ( NYSE:LOW ), Target ( NYSE:TGT ), and TJX Companies ( NYSE:TJX ), are set to report earnings today. Investors will be closely monitoring these reports for insights into consumer spending patterns amid ongoing economic uncertainties.
📊 Key Data Releases 📊
📅 Wednesday, May 21:
10:00 AM ET: State Employment and Unemployment (Monthly) for April 2025
10:30 AM ET: EIA Crude Oil Inventory Report
⚠️ Disclaimer:
This information is for educational and informational purposes only and should not be construed as financial advice. Always consult a licensed financial advisor before making investment decisions.
📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
US30: Bears Are Winning! Short!
My dear friends,
Today we will analyse US30 together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 42,703.0 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 42,646.1.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
SILVER: Next Move Is Up! Long!
My dear friends,
Today we will analyse SILVER together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 32.982 will confirm the new direction upwards with the target being the next key level of 33.261 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
EURUSD: Target Is Down! Short!
My dear friends,
Today we will analyse EURUSD together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 1.12459 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
GOLD: Move Up Expected! Long!
My dear friends,
Today we will analyse GOLD together☺️
The market is at an inflection zone and price has now reached an area around 3,380.59 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 3,309.37.Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
ADA (Cardano) – Long Swing Setup from Major Support ZoneADA is currently trading within a critical support area ($0.71–$0.73), offering a compelling higher low opportunity. With BTC holding strength, ADA may be gearing up for a rebound, particularly if it maintains structure above the support.
🔹 Entry Zone:
$0.71 – $0.73
🎯 Take Profit Targets:
🥇 $0.80 – $0.84
🥈 $0.98 – $1.02
🛑 Stop Loss:
Daily close below $0.66 (loss of higher low and structural invalidation)
LINK (Chainlink) – Breakout Setup Aligned With BTC Macro MoveWith BTC on the verge of a new all-time high, the market is poised for high-beta altcoins like LINK to follow with strength. LINK is currently testing the 200-day EMA — a critical momentum indicator. If BTC confirms breakout and LINK holds this zone, it sets up a high-probability continuation play.
🔹 Entry Zone:
$16 (on confirmation of support at 200-day EMA)
🎯 Take Profit Targets:
🥇 $20 (prior range high / psychological resistance)
🥈 $25 (multi-month breakout level)
🥉 $30 (macro extension target)
🛑 Stop Loss:
Daily close below $14.50 (breakdown of EMA support and invalidation of current structure)
Never bet against Elon?Never betting against the man is a pretty solid strategy. Nevertheless, considering I am long shares I want to take this textbook trade to hedge (again).
This morning on my spike alerts list was $NASDAQ:TSLA. With an opening high of 354.56 which swiftly closed back inside the range a 30m spike was created. The ATR Clearance fits my criteria to consider this a valid spike to play.
Add to this the context of the Daily. NASDAQ:TSLA is riding the 50% of the big move down on the Daily at 351.39. The spike combined with the Resistance makes this a "have to take" trade.
Playing this with July 300P Options.
MNQ 5.20.25 Trade Management (3)Execution, Risk management and Profit taking shown live in the next 3 posts I am about to share with you guys.
I wanted to use that 4H 10am Low as an entry and we caught it. Now we are watching to see if that was just a manipulation to trade into that bearish FVG I outlined near that Buyside liquidity area we were targetting.
Closing the day out with $110 in profits, Which you will see on Video #3
Polkadot (DOT/USDT) Ready to Explode? Full Technical Breakdown Hello everyone!
In today’s idea, I’ll be breaking down the technical analysis of BINANCE:DOTUSDT . I hope you find this analysis valuable and insightful for your trading decisions.
On weekly TF
- There was a huge liquidity sweep on the bottom of 4 AUG 2024 on APRIL 2025
- As shown in the chart above, the MACD has started to cross bullishly on 1W timeframe. The last time this occurred, DOT rallied by approximately 200%.
- Two weekly candles have closed above the previous high that led to the last bottom (around $4.772), signaling a market structure shift from bearish to bullish.
On 4D TF
- On the OBV , a downtrend line was broken, and a retest is currently in progress.
- There is a very important Fair Value Gap (FVG) being retested right now.
- Note: The 4D candle closes today. Monitor closely to see if it closes above the FVG — respect the FVG.
- A good potential entry zone is between $4.44 – $4.241.
In conclusion, DOT/USDT is showing promising bullish signals across higher timeframes, with a potential entry zone between $4.44 – $4.241. As always, manage your risk and wait for confirmation before entering. I’ll be watching the 4D close closely — stay sharp!
Momentum shift: bulls take control with the clean break outAfter a consolidation and indecision phase, price eventually broke out of the range with good bullish momentum, signifying a probable continuation of the trend. The breakout candle closed above the resistance level, making it a new support area (entry zone). This is in line with prior structure and volume accumulation.
Entry Zone: 3,258 – 3,261
Stop Loss (SL): Below 3,255 to guard against false breaks
Take Profit 1 (TP1): 3,264 (important resistance re-test)
Take Profit 2 (TP2): 3,267 (former swing high)
This setup has a good risk-reward and is consistent with the sentiment after a liquidity pull from lower levels.
Reminder: Wait for a small retracement or confirmation prior to entry to minimize drawdown. Suitable for breakout traders who want to capture momentum early.
AUD-CAD Local Long! Buy!
Hello,Traders!
AUD-CAD will soon hit
A horizontal support level
Of 0.8888 after a sharp
Fall down but its a strong
Support so we will be
Expecting a rebound and
A local move up
Buy!
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GOLD - WAITING FOR BREAK OUTOverall Price is still bearish, however, we may get short term buy opportunity as well.
Trade idea 1: SELL below 3207
Trade idea 2: BUY above 3225
Please note these trade ideas are for 100-200 pips target only.
Once trade is activated, I will update SL too.
Share your opinion below, Thank you.