Get started

Bullishpattern

XAU/USD 4H Chart Analysis – Wave 5 Setup in PlayHey traders! Just wanted to share this clean Elliott Wave setup I’m tracking on Gold (XAU/USD). We’ve just completed what looks like a textbook Wave (4) correction, finding support right at the lower boundary of this long-term ascending channel. Price also respected the 38.2% Fibonacci retracement perfectly, lining up around the $3,090 level. That level is acting as a key demand zone right now. 🌀 According to the wave count: Wave (3) topped out near $3,500 Wave (4) retraced sharply into the channel base We are now potentially at the launch point for Wave (5) — the final impulse leg 💹 Wave (5) Projection: Targeting the upper channel boundary, which aligns closely with $3,740–$3,750 This area also completes the measured move and matches key structural confluence 📈 Technical Confluence Supporting the Bullish Bias: RSI bounced cleanly from oversold territory Bullish EMA crossover (20/50) is happening right near the bounce zone We’re also seeing a break of the corrective trend line, suggesting momentum is shifting back in favor of the bulls 📍 Key Levels to Watch: $3,149: minor pullback area / possible retest $3,283: Fib 23.6% resistance — needs to be cleared for confirmation $3,500: Major resistance & previous high — breakout zone $3,747: Wave 5 target ⚠️ Invalidation Zone: If price breaks below $3,090, and especially $3,041, I’ll be reassessing the wave count. That would suggest a deeper Wave 4 or a breakdown in bullish structure. 📌 Conclusion: I’m watching this setup closely. Gold looks poised for a strong upside leg if current levels hold. The structure is clean, momentum is turning, and we’ve got multiple confirmations in place. I’ll be scaling in with proper risk management and looking to ride this potential Wave 5 to new highs. Drop your thoughts below — are you long on Gold? Let’s talk setups 👇 @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
OANDA:XAUUSDLong
by WrightWayInvestments
XAUUSD – Bullish Flag Breakout & Black curve Line | Target Gold (XAUUSD) is currently shaping a textbook bullish flag pattern on the daily chart, signaling a potential continuation of the strong uptrend that started late last year. This setup, when combined with the custom-drawn Black Mind Curve, provides a structured and disciplined approach for identifying entry, retest, stop loss, and profit targets. Let’s break it down in detail: 🔍 1. Flagpole: The Impulse Move The rally from around $2,550 in December 2024 to nearly $3,330 in April 2025 formed a steep and aggressive uptrend, which now serves as the flagpole of our pattern. This impulsive wave represents strong buying momentum and is the backbone of the entire bullish flag structure. It shows institutional interest and heavy volume participation in gold, likely driven by macroeconomic factors such as inflation hedging, USD weakness, or geopolitical uncertainty. 🔷 2. Bullish Flag: The Consolidation Zone Following the peak, gold entered a consolidation phase, forming two parallel descending trendlines, indicating healthy profit-taking and temporary market indecision. This is not a reversal but rather a pause in the trend, often seen before the next leg higher. This down-sloping consolidation resembles a flag pattern—a reliable bullish continuation formation where the price temporarily contracts before a breakout. The flag pattern is still valid as long as price remains inside or breaks above the upper boundary with momentum. 📈 3. Breakout Signal and Retesting Level As of now, price is testing the upper boundary of the flag. A bullish breakout is anticipated once price closes above the $3,300–$3,350 resistance zone. Following the breakout, a pullback to retest this same level is expected, forming a new support zone—a classic "breakout–retest–rally" setup. 💡 Retest Zone: $3,300 to $3,350 This is your key zone to watch for confirmation. A bounce here could offer the best risk-reward entry. 🛡️ 4. Stop Loss Placement: Protecting Your Capital To manage risk effectively, the stop loss should be placed below the lower boundary of the flag, and ideally just under the psychological round number at $2,970. This protects your trade from a false breakout or sudden trend reversal while keeping the risk/reward ratio favorable. 🎯 5. Target Projection: Measured Move Strategy We use the height of the flagpole (approximately $750) and project it upward from the breakout point to estimate the target price. 📌 Target Level: $4,318 (approx.) This aligns with technical confluence and psychological resistance above the $4,300 level. If momentum remains strong and the macro environment continues to support gold prices, this level is a very realistic short-to-medium-term target. 🧠 6. The Black Mind Curve: A Unique Trend Framework The chart features a custom “Black Mind Curve”, a smooth parabolic line following the overall trend structure. This curve acts as a visual guide for trend strength, suggesting that gold is respecting a higher time frame uptrend trajectory. It helps reinforce that the bullish structure is still intact—even during short-term pullbacks—by mapping the psychological rhythm of market participants. This curve is especially useful for swing traders who need to maintain conviction during consolidations. 🧠 Trading Psychology (Mind Framework): "Charts show the facts; your mind interprets the truth." Here’s the psychological approach for this trade: Recognize the Setup: Bullish flag is forming—observe, don’t rush. Wait for Confirmation: Let price break out and retest—avoid FOMO. Act on Logic: Enter with defined stop and target—keep emotions out. Stay Disciplined: Don’t move stop loss irrationally—trust your setup. Let the Market Work: Once the trade is active, manage it calmly. 🔁 Summary of Trade Plan: ✅ Entry: On confirmed breakout and successful retest of $3,300–$3,350 ✅ Stop Loss: Below $2,970 ✅ Target: $4,318 ✅ Pattern Type: Bullish Flag + Trend Curve Support ✅ Risk-Reward Ratio: ~1:3+ (Ideal setup) 📝 Final Thoughts: This is a high-probability bullish continuation pattern supported by strong technical structure and psychological market behavior. The breakout is likely to attract institutional flows, especially if it aligns with fundamental tailwinds like falling interest rates or rising inflation. Stay patient, wait for the retest confirmation, and trade with discipline. Gold is poised for a potential new leg higher—and this setup provides a structured roadmap to ride that move confidently.
OANDA:XAUUSDLong
by GoldMasterTrades
BTC: Next Big Move is Brewing – $116K Target Locked!🚀 Hey Traders! 👋 If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups that actually deliver! 💹🔥 Bitcoin has been following a highly consistent rally-consolidation-breakout pattern over the last few weeks — each time breaking out with nearly +10% upside moves after forming solid accumulation zones. 📈 📊 Observational Pattern: Let’s break it down: Phase 1 (April 19–21) Accumulation range: GETTEX:82K –$84K Breakout: ~11% gain to ~$93K Phase 2 (April 25–May 7) Range: ~$91K–$94K Breakout: ~10% rally to ~$103.5K Phase 3 (Current Zone: May 9–Now) Range: ~$101K–$104K Price is consolidating, showing signs of continuation. 🧠 What the Chart is Telling Us: Bitcoin is forming a bullish continuation structure (like a stepping staircase) — a pattern often seen in strong trending markets. Each green box (marked in chart) represents a clear demand zone followed by a breakout. If this pattern repeats, we can expect a move towards $114K–$116K. Invalidation Level: A daily close below $101K would break the rising support and flip sentiment short-term bearish. ✅ Summary: Target: $114K–$116K Invalidation: Daily close < $101K ⚠️ Trade with discipline. Let the chart confirm before aping in. We’ll keep updating as the setup evolves — pin this for reference. 🧠
Long
by CoreCrypto1
OIL – Oil India Ltd | Target: ₹429.00🟢 Trade Details: LTP: ₹417.30 Recommended Buy Range: ₹415.50 – ₹416.00 🎯 Target: ₹429.00 🛑 Stop Loss: ₹408.70 🔍 Technical Snapshot: ✅ Strong bullish candle with volume confirmation ✅ EMA crossover supports the uptrend (9 EMA > 13 EMA) ✅ RSI at 62.22 shows healthy momentum ✅ Breakout above previous range box visible on Daily & 1H TF 📊 BB %B at 0.82 – still room before overbought levels 💼 Strategy: Suitable for short-term MTF holding (2–5 days) Risk-Reward ~1:1.5 Trail SL to cost once ₹424+ is breached Use smaller timeframes (15m / 1H) to confirm entry with volume For Education Purposes Only
NSE:OILLong
by rmhetre15
AUD/USD 4H | Wave 2 Pullback in MotionAUD/USD is currently completing a corrective Wave (2) within a larger impulsive structure. After the peak of Wave (1) at 0.65145, price has been in a healthy retracement phase, now nearing key fib confluence zones. 🟣 EMA Confluence: Price is reacting near the 100 & 200 EMA (0.6373–0.6394), which has acted as dynamic support throughout this structure. We are currently holding above the 0.382 level, with the golden zone (0.618–0.705) sitting just below. 🔄 Bullish Continuation Scenario: If the pair holds above 0.6285 and we see bullish confirmation candles, we may begin the next leg higher — Wave (3) — targeting 0.66250–0.66766 as initial projection zones. 📊 RSI: The RSI is hovering just below the 50 level, showing temporary bearish pressure, but has room to recover if structure holds. 🧠 Plan: 📍 Watching 0.6285–0.6214 for final support 📍 Wave (3) target zone: 0.66500+ 📍 Invalidation: Clean break and close below 0.6015 🔔 Wave (2) entries are where the patient traders shine. Eyes on structure, and let price do the heavy lifting. @WrightWayInvestments @WrightWayInvestments @WrightWayInvestments
Long
by WrightWayInvestments
Weekly Range bound | 4H swingFellow trader, Eicher motors has broken the range bound market in weekly timeframe, and now the market is re-testing. Aggressive entry : Whoever enter the market immediately after the breakout Conservative entry : Whoever enter after the market re-test. The weekly range bound breakout target is 5684 & the SL for the same is 4548 Now in the re-test, there is a clear formation of a swing in 4H/1D timeframe, after a inverted H&S pattern breakout in 1H timeframe consider to enter the trade based on this swing. Considering the pattern of Weekly or 4H time frame trade can be taken, the SL and Targets are in the chart. The Risk : Reward ratio for the swing is 1:4.47 Sensibull : sbull.co
NSE:EICHERMOTLong
by the_paradox
EUR/USD Long📍 Entry (Buy Limit): 1.1085 This is just above the 1.1000 psychological level but below previous minor structure at 1.1100. Captures a shallow retest without risking being front-run by liquidity sweeps. 🛑 Stop Loss (SL): 1.0910 Below consolidation zone and wicks around 1.10 Provides enough space beneath the major breakout level while staying tight for R:R 🎯 Take Profit Targets: TP1: 1.1500 (Previous weekly resistance, already tested but not broken) TP2: 1.2000 (Next clean monthly structure level) TP3 (macro): 1.2400 (Upper range of long-term channel, highly reactive zone) ⚖️ Risk/Reward: Risk: ~175 pips Reward:  • TP1: ~415 pips  • TP2: ~915 pips  • TP3: ~1,315 pips R:R = 2.4 to 1, 5.2 to 1, 7.5 to 1
Long
by tradercat2025