Channeltrend
NAS100USD / UNDER EARNING Q3 / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Current Upward Momentum , The NAS100USD is moving upwards, likely driven by positive sentiment or market reaction to Q3 earnings. It indicates that buyers currently dominate the market, pushing prices higher.
Supply Zone (20,418 - 20,522) , This is a potential resistance area. If prices reach this zone, they may face selling pressure. If sellers overpower buyers, it could lead to a downward movement from this level.
Demand Zone (19,963 - 19,753) , If prices begin to decline from the supply zone, this demand zone serves as a support area. Here, buyers might step in, leading to a potential bounce or stabilization. This level might offer a good entry for long positions if the overall trend remains bullish.
Breaking the Supply Zone , If NAS100USD breaks above 20,522, it would signal a continuation of the upward trend, targeting the next supply level around 20,820. This would indicate strong buying pressure and positive momentum, likely driven by sustained optimism or robust earnings.
Sell EUR/CAD Bearish ChannelThe EUR/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.4908, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.4866
2nd Support – 1.4834
Stop-Loss: To manage risk, place a stop-loss order above 1.4940. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
XAUUSD / OVERALL UNDER BULLISH PRESSURE / 4HXAUUSD / 4H TIME FRAME
HELLO TRADERS
Current Price Behavior , Prices are trading inside a demand zone—a price range where buying interest is expected to be strong, leading to potential price increases.
Today, prices have declined by 1.80%, signaling short-term weakness.
A potential decline is expected to continue toward the demand line at $2,685. This level serves as support, where buyers may step in to stop further declines.
If prices stabilize inside the demand zone or if a 4-hour candle opens above/inside the zone, this suggests a potential increase.
In this case, the target price levels are $2,750 and $2,757, implying a bullish rebound.
If prices break below the demand zone, this indicates further weakness.
In this case, prices are expected to decline further toward $2,685 and possibly $2,663, suggesting a bearish continuation.
NAS100USD / TRADING ABOVE DEMAND ZONE / 1H NAS100USD / 1H TIME FRAME
HELLO TRADERS
Prices Declined to Target ,As mentioned that the prices have already declined and reached a previously set target. This likely indicates that the price moved lower to a level anticipated by prior analysis.
Trading Above Demand Zone , Prices are currently above a “demand zone,” which is an area where buying interest is expected to be strong enough to support the price from declining further. Being above this zone indicates some stability and that the asset is holding its ground.
Stabilizing Above the Demand Zone , If prices stabilize above this zone, it could suggest an upward trend. This signals that the demand is strong enough to prevent further decline, encouraging buyers.
Targeting Supply Zone , The text suggests that if prices continue to remain above the demand zone, they may increase to reach the supply zone between 20,361 and 20,405. A supply zone is an area where selling pressure might start, potentially capping price gains. This range is likely a price target where sellers might step in.
Risk of Breaking the Demand Zone , If prices break below the demand zone, a decline could occur, with the next demand zone between 20,084 and 20,041 being the likely target. This suggests that the asset could continue its downtrend if buyers fail to defend the current demand zone.
Confirmation of Downtrend , The downtrend would be confirmed if the price breaks through the lower demand zone, meaning the asset could continue to fall if it fails to find support at these levels.
NAS100USD / AFTER EARNING Q3 / 1HNAS100USD / 1H TIME FRAME
HELLO TRADERS
After the Q3 earnings report was released, prices showed volatility (declines and increases), suggesting market uncertainty or instability.
Current Price Level , Prices are currently below the supply line at 20,382, indicating downward pressure.
Downside Projection , If the decline continues, the price may reach the demand zone between 20,184 and 20,138. If it falls further, the next target range is between 20,084 and 20,041.
Upside Potential , If prices break above the supply line (20,382), the analysis suggests that prices could rise toward a supply zone between 20,460 and 20,523.
Range and Time Frame , The price movement is taking place within the range of 20,041 to 20,523 on a 1-hour time frame, which means this analysis is for short-term trading.
Supply Zone : 20,460 and 20,523.
Demand Zone : 20,184 and 20,138 , 20,084 and 20,041.
Sell USD/CAD BoC Interest RateThe USD/CAD pair on the H1 timeframe presents a potential selling opportunity due to channel. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.3818, This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.3778
2nd Support – 1.3750
Stop-Loss: To manage risk, place a stop-loss order above 1.3845. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
USDJPY / UNDER DOWNWARD PRESSURE / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
Accumulation Phase, After breaking out of a straight channel, the price of USD/JPY has entered an accumulation zone, meaning it’s trading in a range without a clear trend. The range is defined between 150.350 and 147.152 .
Range Breakout ,The direction of the next major move will be determined by whether the price breaks above 150.350 or below 147.152. Breaking out of this range on either side will signal the market’s direction.
Downward Pressure , The overall sentiment seems bearish, indicating the price is trading under downward pressure. However, it is still within an accumulation phase.
Fair Value Gap (FVG), The analysis suggests that the price might try to move towards the FVG, located between 150.979 and 152.746, before any potential decline. If the price breaks through this FVG zone, it will confirm an upward trend
Demand Zone, There’s a key demand zone between 146.786 and 145.982. If this zone is broken, it will confirm a downtrend and likely signal further bearish movement.
FVG : 150.979 and 152.746.
Demand Zone : 146.786 and 145.982.
Accumulation Zone : 150.350 and 147.152.
XAUUSD / UNDER MIDDLE EAST TENSION / 4H XAUUSD / 4H TIME FRAME
HELLO TRADERS
After breaking the previous all-time high (ATH) of $2,685, gold prices have continued to rise. My next targets are set at $2,750 and $2,788. The ongoing tensions in the Middle East are a significant factor contributing to the upward momentum, making it likely that gold will reach these levels.
As long as gold remains stable above the demand zone between $2,714 and $2,701, bullish pressure is expected to persist, potentially driving prices to my target levels. However, if the demand zone is breached, it could signal a decline, with prices possibly revisiting the previous ATH of $2,685.
In conclusion, as long as tensions in the Middle East continue, the overall outlook for gold suggests sustained upward pressure.
Demand Zone : $2,714 and $2,701.
New Historical Zone : $2,750 and $2,788.
BITCOIN / TRADING SENSITIVE AREA / 1HBITCOIN / 1H TIME FRAME
HELLO TRADERS
Prices are trading near the demand zone, which is an area where buying interest is high enough to prevent the price from falling further. It suggests that if prices stabilize and remain above this zone, buyers are likely maintaining control.
If prices remain above the demand zone, the analysis forecasts a potential increase toward the supply zone, which is the range between 69,058 and 69,513. A supply zone is an area where sellers are likely to step in and create downward pressure on the price.
On the other hand, if prices break below the demand zone, it would confirm a downtrend. This means the selling pressure has overwhelmed buying, pushing the price downward. The analysis predicts the price could then fall to the next demand zone between 65,420 and 64,867.
Supply Zone : 69,058 and 69,513.
Demand Zone : 65,420 and 64,867.
Nvidia - New All Time High Is Coming!Nvidia ( NASDAQ:NVDA ) can rally another +50%:
Click chart above to see the detailed analysis👆🏻
After creating an expected correction of about -40%, Nvidia is now almost back to new all time highs, showing no signs of weakness despite the recent tech stock correction. If Nvidia creates a new all time high, it is quite likely that it will rally again, potentially all the way up to $400.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
BNBUSD / OVERALL DOWNWARD PRESSURE / 4HBNBUSD / 4H TIME FRAME
HELLO TRADERS
Current Status , Prices are attempting to stabilize above 585.4 ,If successful, the price is expected to rise towards a supply zone between 605.8 and 619.1.
Uptrend Confirmation , For an uptrend to be confirmed, the price must break above the supply zone between 605.8 and 619.1.
Downtrend Scenario , If prices break below 585.4, it indicates a likely decline towards a demand zone between 571.8 and 565.5 , To confirm a downtrend, prices would need to break below this demand zone.
Range & Direction , The price is currently fluctuating between the supply and demand zones. Breaking either side of this range will help determine the future direction.
General Market Sentiment, Despite the analysis of potential movement in both directions, the overall tendency suggests the prices are under downward pressure.
Supply Zone : 605.8 and 619.1.
Demand Zone : 571.8 and 565.5.
XRPUSDT / TRADING FVG AREA / 4HXRPUSDT / 4H TIME FRAME
HELLO TRADERS
FVG Area (0.55 - 0.54) , The price is currently trading and stabilizing within the Fair Value Gap (FVG) between 0.55 and 0.54 , The FVG area refers to a zone where there’s an imbalance between buy and sell orders, often indicating where price might consolidate before making a significant move.
Potential Decline , The prices suggests that if the price continues to decline, it could reach the demand zone between 0.52 and 0.50. The demand zone is where buying interest is expected to be stronger, possibly halting the downward movement.
Potential Upside , If the price breaks above the FVG area with a 4-hour candle close, it’s expected to increase, targeting the supply zone between 0.59 and 0.60. A supply zone represents a price area where selling pressure may increase.
Confirmation of Trend , To confirm an uptrend, the price needs to break the supply zone (0.59 - 0.60) , To confirm a downtrend, the price must break the demand zone (0.50 - 0.52).
Overall Trend , Despite the short-term potential for upward movement, the text concludes that the price is under downward pressure.
Supply Zone : 0.59 - 0.60.
Demand Zone : 0.50 - 0.52.
FVG : 0.55 - 0.54.
USDJPY /BETWEEN FVG AREA / 4HUSDJPY / 4H TIME FRAME
HELLO TRADERS
The price is attempting to reach a Fair Value Gap (FVG) between 150.961 and 152.784. This suggests the price is in a critical area that could lead to potential buying or selling opportunities.
There’s a possibility of the price retesting 148.340 before starting to rise. This indicates that the author believes the price might dip before moving upwards.
The statement notes that the overall price is under bearish pressure, meaning there is a downward trend. The reference to remaining below the FVG indicates a struggle for the price to rise past this zone.
If the price does not break above the FVG, the analysis suggests it may decline further, targeting the FVG between 148.340 and 146.430. This is interpreted as a confirmation of a downtrend.
To confirm a downtrend, the price must break below the current FVG, aiming for a secondary FVG between 145.291 and 144.379. This indicates a bearish outlook if these levels are breached.
UPWARD FVG : 150.961 and 152.784.
DOWNWARD FVG : 148.340 and 146.430 , 145.291 and 144.379.
US30 / UNDER Q3 EARNING , AFTER BREAKOUT THE CHANNEL / 4HUS30 / 4H TIME FRAME
HELLO TRADERS
The chart mentions a breakout from a price channel followed by the publication of Q3 earnings, suggesting that these two events contributed to the rise in the US30’s price, reaching a new all-time high (ATH) of 43,323.
It notes that prices are currently trading below the ATH, implying a potential pullback or correction.
The analysis identifies a demand zone between 42,877 and 43,649. The text suggests that if prices stabilize within this zone, there is potential for a bullish reversal, with prices possibly rising back to the ATH and even reaching new historical peaks between 43,620 and 44,005.
For a bearish scenario to play out, the text suggests that prices would need to break below a Fair Value Gap (FVG) between 42,404 and 42,238. Breaking this level could confirm a downtrend.
Despite the potential for a pullback, the overall tone of the analysis is bullish, as prices are said to be under upward pressure after breaking out of the channel.
ATH : 43323
Demand Zone : 42,877 and 43,649.
FVG : 42,404 and 42,238.
XAUUSD / BREAKOUT THE CHANNEL AND ATH AT 2,685$ / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
The asset is experiencing upward momentum after breaking out of a channel, suggesting a bullish.
The price has broken its previous ATH at $2,685 and is currently attempting to reach a new ATH at $2,700. ATH levels are significant as they represent new highs in price, and breaking them often signals bullish strength.
The price is hovering around a fair value gap between $2,685 and $2,682. As long as it stabilizes above this range, it suggests further potential for upward movement towards $2,700 and even $2,720.
If the price breaks below this FVG, it may decline toward a demand zone between $2,676 and $2,670. Breaking this demand zone would indicate a further decline.
Demand Zone : 2,676$ and 2,670$.
FVG : 2,685$ and 2,682$.
NAS100USD / TRADING INSIDE FVG AREA / 1H NAS100USD / 1H TIME FRAME
HEELO TRADERS
Price Movement and Supply Zone , After prices increased and reached a supply zone, they began to decline , A supply zone refers to a price area where selling pressure exceeds buying pressure, causing the price to drop.
Current Trading Range (FVG) , The price is currently trading between 20,272 and 20,200, which is considered an FVG (Fair Value Gap) , FVG represents an imbalance between buyers and sellers, where prices move quickly and leave a gap that hasn’t been filled. The price is stabilizing within this zone.
Expected Price Movement , If prices hold within this FVG range, there’s an indication that they may increase and test the supply zone between 20,416 and 20,521 ,However, if the price breaks below this FVG area, a further decline is expected towards a demand zone between 20,138 and 20,068.
Demand Zone and Potential Rebound , The demand zone, where buying pressure is stronger than selling pressure, suggests a potential price increase if the price stabilizes in this zone , But if the price breaks below this demand zone, it signals confirmation of a downtrend.
Supply Zone : 20,416 and 20,521.
Demand Zone : 20,138 and 20,068.
FVG : 20,272 and 20,200.
XAUUSD / RANGE BETWEEN 2,68$ AND 2,645$ / 1H XAUUSD / 1H TIME FRAME
HELLO TRADERS
The market experienced a significant price rise, with a 230 pip profit after reaching a demand zone (an area where buying interest is strong).
Prices are now trading between $2,668 and $2,645, creating a defined range.
A break below $2,645 signals a potential further decline to the next demand zone between $2,645 and $2,636.
A break above $2,668 could lead to a price rise, first to an all-time high (ATH) at $2,685.
If prices break above $2,685, the market might witness new historical peaks.
Supply Zone : 2,668$ and 2,685$ ( ATH ).
Demand Zone ; 2,645$ and 2,636$.
XAUUSD / BREAKOUT THE TREND / 1HXAUUSD / 1H TIME FRAME
HELLO TRADERS
Price Movement on Friday , The price rose by 0.93%, trying to reach $2,668 before declining to
$2,645 and $2,636.
Key Level at $2,668 , If the price breaks and stabilizes above $2,668, further upward movement is expected. The target for this rise is the all-time high (ATH) at $2,685.
Stabilizing Below $2,668 , If the price stabilizes below $2,668, it suggests a continued decline toward $2,645 and $2,636.
Breaking the ATH of $2,685 , If the ATH is broken, prices are predicted to move into a new historical zone between $2,700 and $2,710.
Breaking the Demand Zone at $2,636 , If prices break below and stabilize under $2,636, it
indicates further declines.
Trading Range , The price is expected to fluctuate between $2,685 and $2,604 overall.
Key Points:
Price Target Levels: $2,668, $2,685 (ATH), $2,700-$2,710 (new zone), and $2,636 (demand zone).
NAS100USD / UNDER UPWARD PRESSURE / 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
The price is attempting to re-enter a supply zone between 20,356 and 20,209. A supply zone is a price range where selling pressure may increase, potentially driving the price down.
If the price breaks below this supply zone, it is expected to move toward a demand zone between 19,883 and 19,727. A demand zone is a range where buying pressure might increase, supporting the price and potentially causing it to rise.
If the price closes a 4-hour candle either inside the supply zone or demand zone, it suggests increased momentum in that direction
If prices close in the demand zone and then recover, there is a potential to move upward toward the next supply zone, between 20,607 and 20,796.
Supply Zone : 20,607 and 20,796.
Demand Zone : 19,883 and 19,727.
Sell GBP/USD Bearish ChannelThe GBP/USD pair on the H1 timeframe presents a potential selling opportunity due to a recent downward Bearish Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 1.3062. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 1.2988
2nd Support – 1.2960
Stop-Loss: To manage risk, place a stop-loss order above 1.3090. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Today High Impact News :
GBP - GDP, Trade Balance
EUR - German CPI
USD - PPI
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
GBPUSD / BETWEEN DEMAND ZONE AND FVG / 4HGBPUSD / 4H TIME FRAME
HELLO TRADERS
Prices are moving towards a demand zone located between 1.306 and 1.300. In technical analysis, a demand zone represents an area where buyers are likely to step in, potentially pushing prices higher.
After hitting the demand zone, the expectation is that prices will rise towards the FVG area between 1.313 and 1.324 , The FVG (Fair Value Gap) area is often a price gap left on the chart that may get filled in the future, typically considered a point of interest where the price might reverse or stall.
Once the price hits the FVG area, the text anticipates that it will fall back to the demand zone (1.306–1.300) and potentially drop below this zone to the target demand zone between 1.286 and 1.281. This suggests the overall sentiment is bearish in the longer term after a short-term rise.
• Initial Demand Zone: 1.306–1.300 (current support).
• FVG Area: 1.313–1.324 (temporary resistance).
• Target Demand Zone: 1.286–1.281 (final expected support level).
NAS100USD / UNDER FOMCE PRESSURE / 4HNAS100USD / 4H TIME FRMAE
HELLO TRADERS
Range , Between 20,209 and 20,356 , This range represents a resistance or supply zone , where selling pressure is likely strong. The market is “processing” this zone, meaning it is trading within these boundaries, with no clear breakout above or below yet.
The mention of “prices under bearish pressure” indicates that the market is leaning towards a decline rather than an increase. This means sellers are dominant, and there could be downward price movement unless key levels are broken.
The Federal Open Market Committee (FOMC) speech is mentioned as a key event that could influence the market. FOMC meetings and speeches are important as they provide insight into the Federal Reserve’s economic policy, which often impacts market sentiment and price action , Impact: FOMC announcements can shift the market either positively or negatively, making it a key factor to watch for traders.
Range: Between 19,578 and 19,370 , If the market fails to break out of the supply zone (20,209–20,356), it is expected to decline towards this demand zone. A demand zone indicates a level where buying pressure could increase, potentially causing a reversal or support for prices.
If the supply zone (20,209–20,356) is broken to the upside, the text suggests that prices could rise, with targets at , 20,607: Immediate potential upside target , ATH (All-Time High) 20,796: The highest price point in recent history, which would represent a significant bullish move.
Supply Zone :20,209 and 20,356.
Demand Zone : 19,578 and 19,370.
FVG : 19,223 and 18,911.
