Contains IO script
$US10YR - Potential Double Head & Shoulders Pattern Forming FPMARKETS:US10YR - Potential double head and shoulders pattern on the Daily Chart. This could align with Trump's lower rates initiative. We are seeing some weakness coming into employment data, seems like CPI and PPI are showing progress on inflation. The smaller Head & Shoulders pattern has a measured move to around 4.23% right at the 200 SMA (yellow) and the larger Head & Shoulders pattern measured move is 3.70%. This could take several months to play out since this is a daily chart. All eyes on this Friday's PCE and Non-farm payroll first week of February. I think we will have favorable PCE numbers YoY in February and March which could help the fed take their eyes off inflation and focus on jobs numbers, allowing them to cut. The market is pricing in 1.5 cuts this year. I think we will see 3-4 cuts.
Gold holds steady as investors eye Fed decisionGold prices were little changed on Wednesday as market participants awaited the U.S. interest rate verdict, while the spotlight was also on President Donald Trump's trade policies amid fresh tariff threats.
💡Key Market Influences:
Asian Bank Holiday (Lunar New Year): Liquidity will be significantly lower today, which may lead to a tighter price range in the Asian .
FOMC Data Release Tonight: The market will closely watch the statements from Fed Chairman Powell, as they could have a major impact on USD (DXY) and set the long-term direction for gold.
📊 Key Observations:
1. Support & Resistance Levels:
o Immediate Resistance:
$2,771–2,772 (Marked OB Zone): This is a supply zone or order block (OB) identified on the 1-hour chart, acting as a critical resistance level.
All-Time High Zone: The price is approaching a significant
resistance area near the $2,790 level, the all-time high.
o Support Levels:
$2,737 Level (Marked POI Level): This is an important demand zone
(Point of Interest or POI) where buying pressure previously occurred.
$2,710 Zone: Another significant support level where price saw a reversal,
reinforced by the proximity of the 200 EMA.
2. Order Block on 1-Hour (OB on 1H):
The $2,771–2,772 area is identified as a bearish order block. If the price fails to break
above this level, it could signal a rejection and potential downside movement.
o Demand Zone Near $2,737:
A key bullish order block where price bounced upward after
a CHoCH (Change of Character) confirmed bullish momentum.
3. Trend Analysis:
o Bullish Channel Formation:
Price is trading in an ascending channel, indicating a bullish trend.
Price is currently in the middle of the channel, suggesting more room for upside if
it can break the resistance zone.
o Higher Lows Formation:
Clear signs of higher lows confirm the bullish structure on this timeframe.
4. Exponential Moving Average (EMA): 200 EMA:
Positioned around $2,737, providing dynamic support.
The price bounced off this level, indicating strong bullish sentiment
as long as it stays above the EMA.
5. Change of Character (CHoCH):
o Bullish CHoCH:
The breakout above the previous structure low near $2,737
signals a shift from bearish to bullish momentum.
6. Volume Insights:
o Noticeable spikes in volume near the $2,737 support level,
suggesting increased buyer activity in this area.
Trading Insights:
1. Bullish Scenario:
o A clear breakout above $2,771–2,772 OB could lead to a continuation
toward the $2,790 all-time high.
o Maintain long positions as long as price stays above the 200 EMA
and the $2,737 support zone.
2. Bearish Scenario:
o Rejection at $2,771–2,772 may lead to a retracement toward
the $2,737 support level or the $2,710 zone.
o Watch for a break below $2,737, which could invalidate the bullish trend.
Key Levels to Watch:
• Resistance: $2,771–2,772 and $2,790
• Support: $2,737 and $2,710
• Critical EMA Level: 200 EMA at $2,737
⚠️ Next Steps:
• Monitor price action closely around the $2,771–2,772
OB zone for signs of a breakout or rejection.
• Use the ascending channel boundaries to plan entry and exit points.
• Keep an eye on volume spikes for confirmation of trend strength.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more
analysis with you and share your opinion about the possible trend of this chart
with me !
📢 Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only. Always trade responsibly and
manage your risk effectively
What Next In EURUSD
Key Levels:
1. Resistance Levels:
o The red supply zone above (around 1.04500) represents a key resistance area.
Price has rejected this level in the past, showing that sellers are active there.
o Another small resistance zone is identified near 1.04390 from previous candles.
2. Support Levels:
o The light blue demand zone below (1.04126) acts as a significant support area.
Buyers stepped in here previously, causing a rally.
o A second support level is near 1.04100, aligning with
the current price's point of interest (POI).
________________________________________
Market Behavior:
1. Range-Bound Price Action:
o The note on the chart mentions that the price was in a range yesterday. This is evident as
price oscillates between the resistance zone (1.04500) and
the demand/support zone (1.04126).
o Breakout confirmation (upward or downward) is crucial for clarity on the next trend.
2. Current Price:
o The price is currently testing the demand zone (POI Level). If it holds, we may see a
bounce back toward resistance at 1.04500.
________________________________________
💡 Technical Indicators:
1. Exponential Moving Average (EMA):
o The price is hovering near the blue EMA line, which is likely a 50-period EMA. This suggests
a mixed market sentiment where buyers and sellers are evenly matched.
o A strong price reaction above or below the EMA can indicate the next potential trend.
________________________________________
📊 Supply and Demand Zones:
1. Supply Zone:
o The red supply zone at the top indicates strong selling pressure. Price will need strong
momentum to break through it.
2. Demand Zone:
o The light blue demand zone has seen active buyers before. It's a critical level for bulls to
maintain to avoid further downside.
________________________________________
📊 Trading Plan:
1. For Buyers:
o Wait for a bullish reaction from the demand zone (1.04126) and a possible breakout above
the range (1.04500) to target higher levels.
o A bounce off the EMA would also signal bullish momentum.
2. For Sellers:
o Look for a rejection at the resistance zone (1.04500) or a confirmed break below the
demand zone at 1.04126 for shorting opportunities.
________________________________________
⚠️Recommendation:
• Wait for Breakout:
o Avoid trading in the current range until a breakout occurs, as it is unclear if the price will
move higher or lower.
o Monitor for volume and candlestick patterns at key levels (rejections or breakouts).
This chart currently exhibits consolidation, requiring a patient approach for clarity on the
next directional move.
👉 Always follow TP/SL to protect your capital and maximize profits!
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more
analysis with you and share your opinion about the possible trend of this chart
with me !
📢Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only.
Always trade responsibly and manage your risk effectively
27/01/2025 Gold (xauusd) Analysis,Gold's Weekly Start: Price GapOANDA:XAUUSD Daily Plan for XAUUSD: Gold Opens the Week with a Price Gap
Market Overview
In Asian Session Price Gap Down Open 2671 -2764 (50 Pips)
Technical Insights
Current Price Range:
Gold is fluctuating between $2,773 and $2,756, forming a temporary range of about 170 pips. This range is expected to hold during the Asian sessions unless disrupted by key market data later in the week.
Key Levels to Watch:
Resistance Zones:
$2,786 - $2,784 (Major Resistance)
$2,778 - $2,772 (Short-Term Resistance)
Support Zones:
$2,759 - $2,761 (Immediate Support)
$2,750 - $2,745 - $2,735 (Stronger Support Zones)
Order Block :
OB on 4H time (2733.54-2716.92)
Trendline:
Seen in chart 1H Trend Line work As support Also wait for breakout then Retest and after entry with Confirmation (selling Till Next Support Level)
Fib Level: (Uptrend seen in H4 Time)
On 4H - Golden Zone = 2761-2755
- Discount Zone = 2755- 2741
Market Behavior:
If price remains below $2,773, SELL momentum will likely dominate.
A breakout above this level will invalidate short-term sell strategies, prompting the need to wait for higher entries.
Sideways movement may persist due to lower liquidity during the Asian session.
Stay tuned for updates once the confirmations are in place!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Silver Wolf Traders Community
Disclaimer: This is for educational purposes only. Always trade responsibly and manage your risk effectively
EOS/USDT long term can hold buy spot.After a strong increase, you can easily see that the price has had a significant recovery. I expect the next increase when the price completes an upward structure with higher peaks and troughs.
Prepare to BUY Spot STPTUSDT (M & 3M Cycle Combination)🚀 Prepare to BUY Spot STPTUSDT (M & 3M Cycle Combination)
🌟 The combined M & 3M cycles for STPTUSDT signal a golden opportunity – A strong setup for exponential mid-term gains! 🌟
🌍 Market Overview:
STPTUSDT has officially entered its bullish M & 3M cycles starting January 2025. The current price action marks the beginning of a strong upward trend, presenting an ideal accumulation phase for early movers.
📊 Trade Plan:
📌 Entry Point:
Ideal accumulation zone: $0.05835, based on the signal from the Rainbow indicator.
If you haven’t entered yet, prioritize accumulating STPT around $0.12 or lower.
🎯 Target:
x5 - x6 potential return as the cycles progress.
⏳ Hold Time:
Approximately 6 months – Aligns with the mid-term bullish cycle outlook.
💡 Note:
Focus on building your position within the suggested price range for maximum returns.
Keep an eye on breakout confirmations and overall market trends to fine-tune your strategy.
Stay patient and disciplined to capture the full upside potential of this setup.
🔥 STPTUSDT is poised for massive growth – Don’t miss this powerful dual-cycle opportunity!
Prepare to BUY Spot LDOUSDT (W-M Cycle)🚀 Prepare to BUY Spot LDOUSDT (W-M Cycle)
🌟 The W-M cycle for LDOUSDT presents an incredible opportunity – A prime setup for mid-term gains! 🌟
🌍 Market Overview:
LDOUSDT is entering a favorable accumulation phase within its W-M cycle, with a potential strong upside in the coming months. Currently, prices are consolidating near key levels, offering an excellent buying opportunity around $2 or lower.
📊 Trade Plan:
📌 Entry Point:
Around $2 or as low as possible – The ideal accumulation zone during the current cycle phase.
With Indicator: Confirm entry points with your preferred technical setup for precision.
🎯 Target:
$3.5 - $4.5 – Aiming for significant returns as the W-M cycle progresses.
⏳ Hold Time:
Approximately 2 months – Aligned with the mid-term bullish outlook of this cycle.
💡 Note:
Prioritize accumulating LDO at the suggested price range.
Stay vigilant for breakout confirmations and monitor key market trends.
Patience and discipline will be crucial to maximizing gains.
🔥 LDOUSDT is primed for a strong move – Don’t miss out on this mid-cycle opportunity! 🔥