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CHF/USD Bullish Cup Formation | Support & Breakout Target Pattern Formation: Bullish Cup & Handle Breakout Setup The price action on this CHF/USD 1-hour chart exhibits a Cup & Handle pattern, which is a well-known bullish continuation setup. This pattern suggests that buyers are gradually gaining control and a breakout could be imminent. 1️⃣ Understanding the Cup Formation The cup shape (curved blue line) signifies a gradual accumulation phase, where price initially declined, formed a rounded bottom, and then started recovering. This indicates that buyers are regaining momentum after a consolidation period. The lowest point of the cup formed around March 16, from where the price began a steady upward move. 2️⃣ Key Support & Resistance Levels Support Level: The strong demand zone is established around 1.1300 - 1.1320, as shown by multiple price bounces. Resistance Level & ATH (All-Time High): The price struggled to break 1.1450 - 1.1470, indicating a major resistance zone where sellers previously took control. 3️⃣ Handle Formation & Pullback After reaching resistance, the price formed a slight retracement (small descending wedge), which created the handle of the pattern. The pullback was necessary to clear short-term overbought conditions before a potential breakout attempt. 4️⃣ Trading Strategy & Price Projection 🔹 Entry & Breakout Confirmation If CHF/USD breaks above 1.1450 - 1.1470 with volume confirmation, this will validate the Cup & Handle breakout. A confirmed breakout suggests further upside momentum toward 1.1570 - 1.1600, aligning with the pattern’s measured move. 🔹 Stop-Loss Placement A logical stop-loss should be placed below the handle’s low (~1.1300 - 1.1320), in case of a false breakout or sudden market reversal. 🔹 Target Projection Based on Pattern Measurement The height of the cup (~200 pips from bottom to resistance) is projected upwards from the breakout level. This results in a take-profit target of 1.1575 - 1.1600. 5️⃣ Additional Technical Confluences ✅ Trendline Support: The price is respecting an ascending trendline, indicating continued higher lows and bullish sentiment. ✅ Bullish Momentum: The series of higher lows confirms a strong uptrend, favoring buyers. ✅ Potential Fakeout Risks: A failed breakout below 1.1300 could invalidate the bullish outlook, leading to a deeper retracement. 6️⃣ Final Thoughts: Is This a Good Setup? 📌 Overall Bias: Bullish ✅ 📌 Breakout Confirmation Needed: Above 1.1450 - 1.1470 📌 Target: 1.1570 - 1.1600 🎯 📌 Risk Management: Stop-loss below 1.1300 If CHF/USD sustains momentum above resistance, traders can anticipate a strong bullish rally toward the projected target. However, it’s essential to wait for confirmation before entering long positions. 📈🔥
Long
by GoldMasterTrades
JPY/USD Trading Setup – Falling Wedge Breakout & Bullish MoveThe JPY/USD 1-hour chart is displaying a well-defined falling wedge pattern, which is typically a bullish reversal setup. This pattern forms as price action moves within converging trendlines, indicating that selling pressure is gradually weakening. The breakout from this pattern signals a potential trend reversal, and the price may be heading toward key resistance zones and an eventual bullish target. This analysis will break down the chart structure, market psychology, key levels, and a trading setup to help traders make an informed decision. 1. Understanding the Falling Wedge Pattern The falling wedge is a common price action pattern characterized by: 🔹 Lower highs and lower lows forming within two downward-sloping trendlines. 🔹 Decreasing volume, indicating that sellers are losing momentum. 🔹 A breakout above the upper trendline, confirming a shift in trend and signaling the start of bullish momentum. Market Psychology Behind the Wedge Pattern: 📉 During the wedge formation, the market is in a downtrend, and sellers are in control. However, with each new lower low, the price finds strong support, and buyers start stepping in. 📊 As the wedge narrows, the downward momentum weakens, and sellers struggle to push the price lower. Eventually, demand exceeds supply, leading to a breakout to the upside, which is exactly what we see on this chart. 2. Key Levels & Market Structure 🔹 Support Zone & Reversal Area: The support zone between 0.006660 - 0.006680 acted as a strong demand area, preventing further downside. This is also labeled as a reversal area, meaning buyers were aggressive in this zone. The final touch at this support led to a strong bounce, initiating the breakout. 🔹 Resistance Level: The price is now approaching a key resistance area at 0.006780 - 0.006800, which previously acted as a supply zone. A break and retest of this level would further confirm bullish momentum. 🔹 All-Time High (ATH) & Target Level: The ATH region is marked on the chart as a historical resistance level where price faced strong selling pressure before. If the current breakout holds, price action could aim for the 0.006851 target level, completing the measured move from the wedge pattern. 3. Trading Strategy & Execution Plan 📈 Entry Strategy: There are two main ways to enter this trade: 1️⃣ Aggressive Entry: Enter immediately after the breakout above the falling wedge. 2️⃣ Conservative Entry: Wait for a breakout AND retest of the previous resistance turned support (0.006780 zone) before entering long. 🔻 Stop-Loss Placement: To manage risk, traders should consider placing stop-loss orders: Below the previous support zone (0.006660) to minimize downside risk. Alternatively, below the wedge breakout point if using a tight stop-loss. 🎯 Take-Profit Targets: 1️⃣ First Target: 0.006780 (near-term resistance level). 2️⃣ Final Target: 0.006851 (based on wedge breakout projection). 4. Confirmation & Risk Management 🔎 Key Confirmation Factors for a Strong Breakout: ✅ Price breaks above the falling wedge with strong bullish candles. ✅ Volume increases, showing strong buying interest. ✅ RSI or other momentum indicators confirm bullish divergence. ⚠️ Potential Risks to Consider: False Breakout: If price falls back inside the wedge, this could invalidate the bullish setup. Rejection at Resistance: If buyers fail to push price above the 0.006780 resistance, it could lead to another consolidation. 5. Final Thoughts & Trading Outlook 📌 This JPY/USD chart presents a high-probability bullish setup due to the breakout from a falling wedge pattern. 📌 The breakout, strong support zone, and bullish price action indicate further upside potential. 📌 Risk management is key—waiting for confirmation can increase the probability of success. 💡 Final Verdict: Bullish Bias – Watching for Retest & Continuation to Target! 🚀
Long
by GoldMasterTrades
#FORMUSDT: Quick Breakdown of a Long Setup!📉 Long BYBIT:FORMUSDT.P from $1.9037 🛡 Stop Loss: $1.8313 🕒 1H Timeframe ⚡️Overview: ➡️ Current Price: $1.8831 — this is where BYBIT:FORMUSDT.P is trading right now. ➡️ The price recently dropped from around $2.0000 to $1.4000 — a sharp decline! But then it started recovering and is now in a consolidation zone. ➡️ Volume: At the bottom of the chart, you can see volume bars. There was a particularly large volume at the $1.4000 level, where the price reversed. This suggests a lot of activity — possibly big players starting to buy. ➡️ Key Levels: The right side of the chart shows important price levels: ➡️ $1.8313 — stop loss to protect us from losses. ➡️ $1.8932 and $1.88313 — the nearest resistance levels that the price needs to break to move higher. ➡️ $1.7464 — a support level below, in case the price goes down. 🎯 TP Targets: 💎 TP 1: $1.9690 💎 TP 2: $2.0400 💎 TP 3: $2.0890 ⚡️ Plan: ➡️ Entry Point: $1.9037 — this is the level to enter the buy. The price is currently slightly below ($1.8831), so we need to wait for it to rise to this mark. ➡️ Stop Loss: $1.8313 — if the price falls below this, the trade will close with a small loss to minimize risks. Risk/ Reward: If we calculate, the distance from the entry to the stop loss is $0.0724, and to TP1 — $0.0653 (a ratio of nearly 1:1). To TP2 — $0.1363 (1:1.88), and to TP3 — $0.1853 (1:2.56). This is a good profit potential if the price moves up! 📢 The BYBIT:FORMUSDT.P price just bounced off the strong $1.4000 level, where there was high volume. This could be a signal that big players started buying, and the market is ready to rise. 📢 The $1.9037 level (entry point) aligns with the POC (Point of Control) — the zone with the highest trading volume, which often attracts the price. 📢 If the price breaks the resistance at $1.8932, it could easily reach $1.9037 and then move toward our targets. 🎯 How Does This Signal Relate to the Market? The recent news about the resolution of the #Ripple vs. #SEC case, which I wrote about earlier, creates a positive backdrop for the entire crypto market. ➡️ When major projects like #Ripple gain clarity, it adds confidence to investors. ➡️ Altcoins like BYBIT:FORMUSDT.P can catch this wave of optimism. ➡️ If the market continues to rise, BYBIT:FORMUSDT.P has a chance to break resistance and move toward our targets! ➡️ Important: The crypto market is volatile, so don’t forget about risk management. Don’t risk more than 1-2% of your deposit on a single trade.
Long
by MoriartyTrading
Bitcoin (BTC/USD) – Bullish Breakout in Progress📈 Chart Pattern: Bitcoin has been trading inside a descending channel for several weeks. Recently, BTC has broken out of the channel’s upper boundary, indicating a potential shift in momentum. 🔹 Key Levels: Support: $80,043.75 (Critical stop-loss level) Resistance: $87,500 (Short-term) Target: $92,944.17 (Upside projection) 📊 Trading Plan: BTC might retest the breakout zone before continuing the upward move. A confirmed higher low formation could signal strong bullish momentum. If BTC remains above $85,500, further upside toward $92,944.17 is possible. ⚠️ Risk Management: If BTC drops below $80,043.75, the bullish setup could become invalid. Traders should wait for confirmation before entering long positions. 💡 Conclusion: This breakout could lead to a strong uptrend, but traders should watch for a successful retest before making a move. 🚀🔍
BINANCE:BTCUSDLong
by PIPsOptimizer
#FARTCOINUSDT is showing bullish momentum📈LONG BYBIT:FARTCOINUSDT.P from $0.3590 🛡 Stop Loss: $0.3465 🕒 Timeframe: 1H ⚡️ Overview: ➡️ BYBIT:FARTCOINUSDT.P is showing bullish momentum on the 1-hour timeframe. ➡️ The price has recently broken through the resistance zone at $0.3590, which could serve as an entry point for a long position. ➡️ The chart shows an accumulation zone in the $0.3374–$0.3590 range, where volumes (visible on the volume profile to the left) indicate strong buyer interest. ➡️ The POC (Point of Control) is at $0.3462, confirming support below the current price. ➡️ The price is maintaining an uptrend structure: higher lows and highs are forming, and the breakout at $0.3590 is accompanied by increasing volumes, signaling bullish activity. ➡️ The #RSI (14) indicator on the 1H timeframe is at 65, indicating bullish momentum without being overbought, leaving room for further growth. 🚀 Plan: ➡️ Entry: Buy above $0.3590 after the 1-hour candle closes above this level to confirm the breakout. ➡️ Stop Loss: Set at $0.3465 (below the support zone and POC), which provides a 3.5% risk from the entry point and protects against false breakouts. ➡️ Risk/Reward Ratio: From 1:2 (for TP1) to 1:5.5 (for TP3), making this trade attractive from a risk management perspective. 🎯 Take Profit Targets: 💎 TP1: $0.3660 (nearest resistance level, +1.9% from entry) 💎 TP2: $0.3730 (zone of previous highs, +3.9%) 💎 TP3: $0.3790 (key growth target, +5.6%) 📢 A price consolidation above $0.3590 with sustained volume increases the likelihood of reaching the targets. The $0.3660 and $0.3730 levels may act as profit-taking zones, so monitor price action in these areas. 📢 Risks: If the price drops below $0.3465, it could signal a false breakout and a return to the consolidation zone of $0.3374–$0.3465. In this case, consider reassessing the position. 📢 Market Context: The rise of BYBIT:FARTCOINUSDT.P may be supported by the overall positive sentiment in the crypto market. As of March 19, 2025, BYBIT:BTCUSDT.P is trading steadily above $90,000, creating a favorable backdrop for altcoins. BYBIT:FARTCOINUSDT.P is showing strength and potential for growth on the 1H timeframe. A confirmed breakout above $0.3590 is your signal to act! We expect a move toward the $0.3660–$0.3790 levels.
Long
by MoriartyTrading
TradingView Idea for EUR/AUD (4H Chart) Market Overview: The EUR/AUD 4-hour chart displays a downtrend followed by a consolidation phase at a critical support zone. The price is currently reacting within a demand area, indicating a potential bullish reversal. Key Levels: Support Zone: ~1.7050 - 1.7100 (Highlighted in dark grey) Resistance Zone: ~1.7200 (Short-term) Target Level: ~1.74217 Potential Trade Scenarios: Bullish Scenario: If the price holds above the support zone, we could see a rebound towards 1.7200, with further continuation towards the 1.74217 target. Retest and Breakout: A slight pullback into the support zone, followed by a breakout above 1.7200, could confirm a strong buying momentum. Bearish Risk: A failure to hold above support may lead to further downside continuation. Trade Plan: Entry: Look for bullish confirmation in the demand zone. Stop Loss: Below the support zone (~1.7050). Take Profit: First at 1.7200, then 1.74217 for an extended move. Bias: Bullish if support holds, bearish if price breaks below.
Long
by ForexOptimizer
EUR/JPY Bullish Continuation in an Ascending Channel This EUR/JPY 4-hour chart shows a strong bullish trend within an ascending channel, indicating a potential continuation of upward momentum. Key Highlights: ✅ Ascending Channel – Price is trading within a well-defined upward channel, showing steady bullish movement. ✅ Support Zones – Two key support areas marked, which could act as potential entry zones on a retracement. ✅ Target Level – The projected target is around 165.831, aligning with previous resistance zones. ✅ Price Action Expectation – A pullback to the support level within the channel before another bullish impulse toward the target. Trading Plan: 📌 Bullish Bias: Wait for a retracement toward the marked support zones for a potential long entry. 📌 Invalidation: A strong break below the channel and support zones would invalidate the bullish setup.
Long
by ForexOptimizer
USD/CHF - Bullish Reversal Setup This 4-hour chart of USD/CHF shows a potential bullish reversal from a key support level. Support Zone: The price is approaching a strong support level around 1.10193 - 1.12261, where previous price action has reacted. Reversal Expectation: A bounce from this level could trigger a bullish move toward the 1.15719 resistance level. Target Projection: If price respects the support, a 3.00% potential upside is expected. Trading Plan: Buy Entry: Look for bullish confirmation signals at the support zone. Stop-Loss: Below the support area to minimize risk. Take Profit: First target at 1.15719. Technical Indicators to Watch: Bullish Candlestick Patterns at support. RSI / MACD for momentum confirmation. Trendline Breakout for additional bullish confirmation.
Long
by ForexOptimizer
#RUNEUSDT is showing signs of growth📈 Long BYBIT:RUNEUSDT.P from $1.161 🛡 Stop loss $1.140 🕒 1H Timeframe ⚡️ Overview: ➡️ The main POC (Point of Control) is at 1.08, indicating the area with the highest trading volume. ➡️ The 1.154 level acts as a local support, as the price previously bounced from this zone. ➡️ The volume and market profile highlight areas of high trader activity, especially in the 1.100 – 1.161 range. 🎯 TP Targets: 💎 TP 1: $1.174 💎 TP 2: $1.185 💎 TP 3: $1.195 📢 Monitor key levels before entering the trade! 📢 If 1.140 is broken downward, the trade may be invalidated. 📢 If the price holds above 1.161 and continues rising, the bullish momentum remains intact. BYBIT:RUNEUSDT.P is showing signs of growth — expecting further upside movement!
Long
by MoriartyTrading
TradeCityPro | HBARUSDT Better Condition Than the Market!👋 Welcome to the TradeCityPro channel! Let's go together and examine one of the popular coins in the market that has experienced less correction recently and is in better condition than other altcoins! 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe We go to the weekly time frame and see that hbar's condition is much better than other altcoins, and this is precisely due to the entry of momentum and Bitcoin's bullishness! After we broke through the support at 0.04339 and engulfed the previous weekly candle, it was a bullish sign, and after the trigger at 0.06219 was activated, we broke this resistance and momentum entered this coin! If you made your purchase in the spot section from this level, the situation is okay for now, but you can save profit or withdraw the principal capital. If you want to re-enter, you can make your purchase after the 0.33056 break. 📈 Daily Timeframe In the daily time frame, we have higher levels and a better situation than the rest of the coins, and in a situation where most altcoins are forming lower bottoms, this has not even lost its main level. After the 0.06470 and daily box break, we experienced a movement of about 500%, and if we draw a Fibonacci, we are currently at the 0.382 level, and this in itself increases the importance of this level! If the 0.37350 ceiling is broken, it shows us that we are going to experience a new movement! This daily candle can be a good trigger to buy again, and the reason is that we are rising from a good support level and it is also a good Fibonacci level, but this trigger is risky and after the break of 0.26486 it will be a better trigger to welcome, and for a temporary exit, you can also temporarily exit with a break of 0.18653. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
6
GBP/USD 15-Minute Chart Analysis & Trade SetupGBP/USD 15-Minute Chart Analysis & Trade Setup 📊 Trade Setup Idea 🟢 Bullish Scenario (Long Entry) Entry: Above 1.29050 (if price sustains & closes above) Target 1: 1.29400 Target 2: 1.29800 (if strong breakout) Stop Loss: Below 1.28600 (tight SL for risk control) ✅ Confirmation: Look for a retest of 1.29050 as support before entry **Key Observations:** 1. **Price Movement:** GBP/USD is currently trading around **1.28937**, with recent bullish momentum. 2. **Moving Averages:** - The price has crossed above the short-term moving averages (red & blue), indicating potential short-term bullish sentiment. - The black moving average (likely a longer-term MA) may act as dynamic resistance/support. 3. **Volume Surge:** A notable increase in volume suggests strong participation from buyers. 4. **Potential Resistance:** Around **1.29050 - 1.29100** based on previous highs. 5. **Support Levels:** **1.28800 - 1.28650** may act as support zones if price retraces. ### **Trading Insights:** - A **break above 1.29100** could trigger further upside momentum. - If **price fails to sustain above 1.2890**, a pullback towards support zones may occur. - Consider **risk management** before entering trades.
Long
by elitetrader9090
IOST Breakout Coming? Avoid FOMO & Trade Smart!IOST/USDT 1W chart shows a strong bounce from the support zone, indicating potential bullish momentum. The price is currently approaching the falling resistance trendline, which has acted as a major barrier in previous attempts to rally. The Stoch RSI has formed a bullish crossover, signaling a possible trend reversal. However, a breakout above the descending resistance trendline is required to confirm further upside. If you missed the entry at the bottom, avoid emotional FOMO—wait for a confirmed breakout to capture the next leg up.
Long
by unichartz
GBP/USD - Institutional Backed Long Setup📌 Trade Execution & Technicals Pair: GBP/USD Timeframe: 15M Trade Type: Long Position Entry: 1.2816 – Price rejected key Fibonacci retracement level (0.62 Fib) after a liquidity sweep Stop Loss: Below 1.2800 Take Profit Levels: TP1: 1.2862 (-0.27 Fib extension) ✅ Target TP2: 1.2883 (-0.62 Fib extension) ✅ Target Technical Confluence: Fibonacci Retracement Levels: Price bounced off the 0.62 retracement (1.2816) Market Structure: Higher low formation confirmed bullish continuation Institutional Liquidity Grab: Price swept sell-side liquidity before reversing bullish 📊 Trade Outcome ✅ High-Probability Long Setup Both TP1 & TP2 levels hit with strong bullish momentum Risk-to-Reward Ratio (RRR) > 1:3 Price action confirmed bullish institutional positioning 🌍 High-Impact News That Influenced GBP/USD UK S&P Global Services PMI (Actual: 51.0 vs Forecast: 51.1) – Slightly weaker, but still expansionary US ADP National Employment (77K vs Forecast: 140K) – Weaker than expected, USD pressured BoE Treasury Select Hearing (Hawkish Bias) – Supporting GBP strength US ISM Manufacturing Prices & Business Activity Upcoming – Expected to increase USD volatility 💡 News Summary: Weaker-than-expected US jobs data pressured the USD, providing momentum for GBP/USD upside GBP remained resilient despite mixed PMI data, benefiting from USD weakness 📈 Volatility & Liquidity Insights 🔍 Prime Market Terminal Key Data: GBP/USD Average True Range (ATR): 1-week ATR: 0.81% 1-month ATR: 0.86% Institutional Liquidity Insights: High liquidity buildup in the 1.2800-1.2820 range, acting as support Strong order flow pushing GBP/USD higher post-US employment data release 🏦 Institutional Positioning & Market Flow 📊 Commitment of Traders (COT) Data & Smart Money Insights: Dealer Positioning: GBP Net Positioning: +56,707 contracts (Bullish institutional sentiment) USD Net Positioning: -11,542 contracts (Bearish outlook on USD) Open Interest & Retail Sentiment: Retail Short Bias: 72% Short, 28% Long – Potential short squeeze Smart Money Accumulation Zone: 1.2800-1.2820 📌 Conclusion 🔹 Why This Trade Worked: ✔ Liquidity Grab Below 1.2816 Before Reversal ✔ Institutional Positioning Confirmed Bullish Momentum ✔ Weaker US Jobs Data Weighed on USD, Pushing GBP/USD Higher 🚀 Next Steps: Monitoring 1.2860 for continuation towards 1.2900 key level Watching upcoming US ISM data for potential volatility spike 🔥 What’s your outlook on GBP/USD? Comment your thoughts below!
Long
by LDForex_
XCN has serious breakout potential on the 5th wave count.XCN went on a massive run over the past few months, followed by a significant decline along with the overall crypto market. The chart, however, is telling a story of what could become a massive move to the upside on the 5th wave of the wedge pattern's internal wave count. I wouldn't count XCN out just yet. I think good things are coming to XCN in the future, even if the 5th wave ends up failing this time around. Good luck, and always use a stop loss!
CRYPTO:XCNUSDLong
by MetaShackle
Bullish Outlook going forward for NQNQ has pulled back and taken Feb. Monthly low as well as grabbing some additional liquidity from Nov. last year. I shorted NQ on Thursday for 473 points to my anticipated level of support. I nearly caught the bottom of the market, followed by an aggressive back move up to equilibrium to end the week. Going forward, with the high impact news coming up in the first 2 weeks of March, I see a bullish outlook and the potential for new ATH. Here is an idea of what I see playing out over the short-term.
CME_MINI:NQ1!Long
by WicksAndSticksTrading
Bitcoin Bullish Scenario: Breakout & Retest Idea📈 Bullish Scenario: Breakout & Retest of the $95,000–$99,500 Zone 🚀 🔹 Idea: Price breaks above the strong resistance around $95,000 and holds it as new support on a retest. 🎯 Potential Entry: ✅ Trigger: A clear break and close above $95,000 on the 1H or 4H chart, followed by a pullback to retest $95,000–$96,000 as support. ✅ Confirmation: Enter on the first bullish candle or bullish engulfing pattern confirming the retest holds. 🔻 Stop-Loss Placement: 🔸 Aggressive: Below the breakout zone ($94,000–$94,500). 🔸 Conservative: Below the last swing low prior to the breakout ($92,000–$93,000). 🎯 Targets: 🎯 T1: $99,500 (next immediate resistance). 🎯 T2: $105,000–$109,000 (upper resistance on the chart). 💡 Consider taking partial profit at T1 and moving stop-loss to breakeven. ⚠️ Risk Management Tips: 🔹 Risk only 1–2% of your capital per trade. 🔹 If the retest fails quickly and price closes back below $95,000, exit early to minimize losses. 📢 Disclaimer: This is for educational and informational purposes only and not financial advice. Always do your own research and manage risk accordingly before making any investment decisions. 📊 What’s your take on this setup? Drop your thoughts in the comments! 👇🔥
BITSTAMP:BTCUSDLong
by VidaDeTraderPT