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#NASDAQ INDEX (#US100): Bullish Move After the Trap

I see a confirmed liquidity grab below a key horizontal support
on an hourly time frame on πŸ“ˆNASDAQ Index.

A formation of a cup & handle pattern and a breakout of its neckline
afterward suggest a strong buying interest.

The market will rise more and reach at least 25023 level.
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1H time frame
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#CHFJPY: Waiting For Breakout πŸ‡¨πŸ‡­πŸ‡―πŸ‡΅

πŸ“ˆCHFJPY is stuck on a key daily resistance based on a current ATH.
Its breakout will be a reliable signal to buy.

Wait for a daily candle close above 191.32 as a confirmation.
Expect a bullish continuation at least to 192.0 level then.
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Daily time frame
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#EURUSD: Updated Support & Resistance Analysis πŸ‡ͺπŸ‡ΊπŸ‡ΊπŸ‡Έ

Here is my latest structure analysis for ⚠️EURUSD.

Resistance 1
: 1.173 - 1.178 area
Resistance 2: 1.181 - 1.182 area
Resistance 3: 1.187 - 1.192 area

Support 1: 1.153 - 1.156 area
Support 2: 1.145 - 1.146 area
Support 3: 1.135 - 1.141 area

Consider these structures for pullback/breakout trading.
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Daily time frame
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MarketBreakdown | GBPUSD, USDJPY, GBPCAD, GBPCHF

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #GBPUSD daily time frame πŸ‡¬πŸ‡§πŸ‡ΊπŸ‡Έ

The pair is trading in a short-term downtrend since
the middle of September.

It looks like the market successfully completed a correctional movement
after a formation of a new local Lower Low and ready to drop lower.

With a high probability, we will see a test of 1.325 level soon
with a potential continuation lower to 1.321.

2️⃣ #USDJPY daily time frame πŸ‡―πŸ‡΅πŸ‡ΊπŸ‡Έ

The price is currently breaking a significant daily resistance.
I think that the price is going to rise more and reach monthly highs.

A consequent bullish breakout of 153.3 level and a daily
candle close above that will push the pair way higher.

3️⃣ #GBPCAD daily time frame πŸ‡¬πŸ‡§πŸ‡¨πŸ‡¦

The pair is testing a major bullish OB order block zone.
Trading in a strong uptrend, chances will be high to see a bullish
movement from the underlined area and a trend continuation.

4️⃣ #GBPCHF daily time frame πŸ‡¬πŸ‡§πŸ‡¨πŸ‡­

The price is currently stuck on a major daily support cluster.
Its breakout will be a historical event and confirm a continuation
of a bearish trend to lower levels.
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#Gold traders this week!😻
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Great feedbacks, from my followers!😍
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#GBPNZD: Pullback From Trend Line πŸ‡¬πŸ‡§πŸ‡³πŸ‡Ώ

πŸ“ˆGBPNZD may bounce from a strong rising trend line on a daily.

The price formed an inverted head and shoulders after its test
and violated its neckline this morning.

I expect a pullback to 2.3215
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Daily/1H time frames
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#NZDJPY: Important Breakout πŸ‡³πŸ‡ΏπŸ‡―πŸ‡΅

πŸ“ˆNZDJPY broke and closed above a significant horizontal
resistance cluster
on a daily.

There is a high chance that the market will go higher soon.

Expect a bullish continuation to 88.3 level.
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Daily time frame
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#EURCAD: Another Trend Line Based Opportunity πŸ‡ͺπŸ‡ΊπŸ‡¨πŸ‡¦

πŸ“ˆEURCAD may continue rising after a test of a solid
rising trend line on a daily.

A formation of a double bottom pattern accompanied by
a bullish Change of Character on an hourly time frame
indicates a strong buying interest.

Goal - 1.6305
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Daily/4H time frames
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US Inflation Data in 30 minutes!

Get ready for a high volatility!πŸ“ˆ
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Very strange week, traders.
The markets were very stubborn, and it was very complicated to catch good entries.

A crazy 6%+ correction that we saw both on #Gold and #Silver lead to massive losses of many traders, who bought blindly every dip, not considering potential losses.πŸ’§

That is a great lesson that shows that even obvious trends and rallies may trap you at any moment.

Have a great, weekend everyone and learn on your mistakes!πŸ‘
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#SAD πŸ˜”
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2025/10/25 17:21:20
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