Get started

Candlestick Analysis

Silver Embarking on Bullish Reversal?Silver’s bearish wedge breakout may have run its course, with Friday’s rebound from key support at $31.00—where the 50DMA and former resistance converge—suggesting a potential shift in direction. While MACD hasn’t confirmed it yet, RSI (14) has broken its week-long downtrend, hinting at a turn in momentum. With price action firming and Friday’s hammer candle flashing a bullish signal, the near-term bias has tilted higher. That case would strengthen further if silver adds to gains on Monday, completing a morning star pattern in the process. A quick glance at the chart shows silver’s tendency to gravitate toward big and half-big figures, putting $31.50, $32, $32.50, and $33 on the radar for those considering longs. Aside from the first, they screen as potential targets depending on risk tolerance. A stop beneath $31 offers protection against a reversal. Good luck! DS
FOREXCOM:XAGUSD01Long
by FOREXcom
1
BEARS ARE TRAPPED - $2990's SOONAs illustrated, Im visualizing a strong beginning to a historical bullish MARCH. On average in 15, 10, and 5 years, MARCH has been mostly bullish. To anticipate a bullish march, FEB must make sense and leave a few clues that could indicate a healthy setup for a potential buy opportunity. In this case, FEB made a natural correction toward the end of the month which makes total sense and it is completely appropriate and necessary to setup March for what COULD be next: A STRONG BULLISH MARCH that could potentially take the yellow metal to see $3,000 USD/Oz for its first time in history. The setup looks beautiful; with a bullish engulfing candle closing above previous candles, and such bounce having taken place below a major daily support and very near FEB's breaker block that served as a major support - trampoline level for the month (of February) to expand so strongly. Market has grabbed liquidity at a discount price level, below the 50% retracement of the expansive move of FEB; yet another positive sign of a potential continuation to the upside since: THE TREND IS YOUR FRIEND . I could be off in my timing by 1 week; maybe 2 AT MOST.. But there will be a continuation simply because the demand for gold just keeps rising with all the BS going on around the world + USA's insane tariffs THAT COME INTO EFFECT IN MARCH ... JOIN THE DOTS @!#$% ... -- GOOD LUCK!
OANDA:XAUUSDLong
by PersaGold
ZB1! - End of February Analysis- Monthly bullish order block has held up well, supporting the bullish narrative of price drawing up to 120.00 - Monthly candle closed convincingly above the 3 month rejection block @ 117.08. - Monthly volume imbalance rests a little higher than where the monthly buyside liquidity pool is @ 120.25 – 121.23. Buyside rests @ 120.18 and this is the draw that I am looking forward to going into this months price action - October 2024’s monthly candle prints a SIBI and this is also a area to study. Many confluences in this area making it high probability for a bullish draw. Bullish delivery with bonds mean bearish delivery for US10Y. - Successful projection of February's draw on liquidity
CBOT:ZB1!Long
by LegendSince
EURUSD Potential Short Setup - 1HR Swing TradeThis trading idea proposes a short position in EURUSD on the 1-hour timeframe, based on the expectation of a continued downward move. The entry point is strategically located at a resistance level, with a stop-loss order to manage risk and a take-profit target set at a potential support zone. Disclaimer : This analysis is based on the provided image and should not be considered financial advice. Trading involves risks, and it is essential to conduct your own research and consult with a financial advisor before making any trading decisions.
by APFXpro
S&P 500 (March 2025) - End of January AnalysisS&P breaks the two week winning streak, finishing 1% down in rough trading conditions as China’s AI push weights amid bevy of corporate reports. With the news being released by Donald Trump that 25% tariffs will be imposed on Mexico and Canada + 10% for China, this could be seen as a bullish signal for the stock index. But sometimes bullies don’t always get their way and we could be in for a short term retracement targeting the lows of October’s bullish order block @ $5,856 - $5,776
CME_MINI:ESH2025Short
by LegendSince
Dollar Index - End of January AnalysisJune 2022 was the last time we witnessed a major bullish run reaching into macro imbalances @ 110. Donald Trump was elected in November 2024 and ever since, we have witnessed a similar run, in which Dollar punished those who were short based on market trend and sentiment at the time. Many long term traders saw 106 as ‘safe’ price point to place their buystops but the market had other plans… As the algorithm repriced higher upto 106, it became a self fulfilling prophecy where more buy stops were triggered increasing the likelihood of a low resistance liquidity run. Highs for the month is 110.176 Lows for the month is 107.969 Bearish bias negated if I see a candle body closure above the monthly highs and CE of 6 month sellside imbalance.
TVC:DXYShort
by LegendSince
Weekly Edge – Week 09 Reflection & Prepping for Week 10### Weekly Edge – Week 09 Reflection & Prepping for Week 10 ## Market Overview & Higher Timeframe Structure ### Quarterly Chart – Bullish Expansion Continues - Q1 2025 remains bullish, trading above Q4 2024 and holding within the upper 50% of its overall range. - The last six consecutive quarters have printed higher highs and higher lows, demonstrating strong momentum and breakout behavior. ### Monthly Chart (February Close) – Key Points of Interest (POIs) - Imbalance POIs: - 2780 aligns with the October 2024 short-term high (2790). - 2730 serves as another imbalance level of interest. - November 2024 high at 2760 remains untested on the monthly chart. - Price Action Observations: - February closed above January, reinforcing bullish continuation. - Wick rejections at higher prices signal some resistance. - These POIs provide opportunities for long continuation trades and short-term targets for potential pullbacks before continuation. ## Weekly Chart – First Bearish Close of 2025 - Week 09 printed the first bearish weekly candle of the year, closing below the last two weekly periods and engulfing both. - Price traded into the weekly imbalance (2820–2860) and saw profit-taking into Friday’s close, showing intraday bullish sentiment. - Despite the bearish close, weekly structure remains bullish overall, with no confirmed trend reversal yet. ## Daily Chart – Initial Structural Shift - Break in structure to the downside: - The daily range low of 2860 was taken out, and price closed below it. - For a confirmed daily trend change from bullish to bearish, price needs to print a lower high followed by another lower low. - Short-Term Intraday Bias: - Looking for longs back into the recent consolidation range around 2860. - Watching for short setups from POIs within the range, particularly if price prints a lower high. ### Key POI for Shorts - 2900–2920 (Failed imbalance, now acting as an inversion level). - This area sits within the premium end of the recent bearish swing and aligns with the most recent 4H consolidation before expanding to new lows. ## March Trading Focus & Community Themes ### Scaling In Model Success - February’s execution of scaling in at springs and upthrusts worked well. ### Profit-Taking Optimization - March’s priority is to refine systematic exits, balancing drawdown control while letting winners run. ### Market Structure & Multi-Time Frame Analysis - Continuing to map structure across timeframes using hand-drawn charts. - Improving recognition of daily swing trades aligned with lower timeframe setups. ### Exit Strategy Refinement - Monitoring price action to develop clear exit rules. - Ensuring profits are protected while allowing strong trades to run. ## Looking Ahead – Key Plans for Week 10 - Monitoring longs off the weekly imbalance high (2860) back into the daily POI. - Tracking how price responds at 2900–2920 for potential short setups. - Continuing to develop and optimize scaling, exits, and market structure recognition in March. The focus remains on trading with clarity, confidence, and control. #WeeklyEdge #HandDrawnCharts #ScalingIn #MarketStructure #TradeExecution
OANDA:XAUUSD
by PipsnPaper
Solana’s 60% Correction: Time to Buy the Dip?After reaching an all-time high around the $300 zone, Solana experienced a sharp decline of approximately 60%, dropping to a key support level above $120. This pullback could present a strong buying opportunity for speculators anticipating a reversal toward $200. Conclusion: ✅ Dips below $140 should be considered potential entry points. ✅ The setup becomes invalid if the price closes below $120 on a daily basis. ✅ A move toward $200 remains a reasonable and achievable target.
Long
by Mihai_Iacob
2
Ethereum’s Dip: A Golden Buying Opportunity?Ethereum has been a disappointment for traders. Many were expecting a new all-time high, but so far, Ethereum has failed to deliver. However, for speculators like me, this type of market movement presents an ideal trading opportunity. Recently, ETH reached a key confluence support zone around the psychologically significant $2,000 level, reinforced by multiple technical factors. This setup suggests a strong potential for a reversal. What’s Next? ✅ The $2,000 support zone remains critical, and I expect it to hold, leading to an upside move. ✅ While not aiming for extreme highs, I’m looking to buy dips near $2,200 with a target around $2,800.
COINBASE:ETHUSDLong
by Mihai_Iacob
5
ICP Trading Plan: Buying Dips with a 1:3 Risk-Reward RatioLike most altcoins, ICP has been declining since December. At the beginning of February, it reached a key support level around $6. After this drop, the coin began to consolidate, but recent price action suggests a potential reversal to the upside. A confirmed breakout above $7 would strengthen this outlook, potentially leading to a test of the psychologically significant $10 level. I’m looking to buy dips in anticipation of this scenario, aiming for a minimum risk-to-reward ratio of 1:3.
BINANCE:ICPUSDLong
by Mihai_Iacob