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EUR/USD Chart Pattern Analysis (1H Timeframe) – Bearish SetupThe EUR/USD 1-hour chart presents a compelling bearish setup, characterized by a rejection from a key resistance zone, a weakening support level, and a potential trendline breakdown. These technical elements suggest an increased probability of downward movement if bearish momentum persists. Key Technical Components: Resistance Rejection & Selling Pressure: The price action tested a well-defined resistance zone, which aligns with previous swing highs. A rejection from this level indicates that sellers have stepped in, preventing further upside movement. This area serves as a supply zone, reinforcing a bearish outlook as long as price remains below it. Support Level at Risk of Breakdown: The market is currently testing a support zone, which has previously acted as a demand area. A break below this support would confirm increased selling pressure, likely triggering a more significant decline. The support level is structurally weak, as the price has already tested it multiple times, increasing the likelihood of a breakdown. Ascending Trendline Violation: The ascending trendline has been a key dynamic support for the recent uptrend. If the price breaks below this trendline with strong volume, it would signify a potential trend reversal, shifting market sentiment from bullish to bearish. A confirmed breakdown would further validate the bearish continuation scenario. Sell Stop Placement & Profit Targets: A Sell Stop order is positioned below the support zone to capture a breakdown trade. The first Take Profit (TP1) is set at 1.08312, a level that has historically acted as support and resistance. The second Take Profit (TP2) is placed at 1.07659, representing a more extended bearish move toward the next major demand zone. Conclusion & Trading Strategy: Bearish Scenario: If the price breaks below the support level and ascending trendline, it could trigger a sell-off, leading to a potential downside move toward TP1 and TP2. Bullish Rebound Possibility: If the support level holds and buyers regain control, the price may attempt to retest the resistance zone. However, the bearish structure remains dominant unless the price breaks above resistance. Final Outlook: Traders should closely monitor price action at the support and trendline intersection. A confirmed breakdown below these levels, preferably with increased volume, would reinforce the bearish outlook. Proper risk management and stop-loss placement above the resistance zone are recommended to mitigate potential reversals. Would you like me to refine it further for professional publication or trading forums? 🚀
Short
by GoldMasterTrades
JPY/USD – Bullish Breakout After Falling Wedge!Let's take a deep dive into the JPY/USD price action and technical setup on the daily chart. The market has presented us with a falling wedge breakout, a strong bullish reversal signal. This pattern indicates a potential shift from the previous downtrend into an uptrend. 1️⃣ Falling Wedge Pattern – Bullish Reversal Signal The falling wedge is a classic bullish reversal pattern. It forms when price action makes lower highs and lower lows within two converging trendlines. The key characteristic of this pattern is the decreasing selling pressure, leading to a breakout to the upside. We observed a clear breakout from the wedge, indicating bullish momentum. Buyers have stepped in strongly, pushing prices above the resistance zone. This signals a potential trend reversal from bearish to bullish. 2️⃣ Breakout Confirmation & Key Levels Once the price broke above the wedge, it faced a crucial resistance zone (marked in blue on the chart). After breaking this level, it has now turned into support—a strong technical confirmation. Resistance Turned Support: The previous resistance is now acting as support, giving further confidence in the bullish move. Retest Expected: After breakouts, the price often comes back to retest support before continuing higher. If it holds, it’s a good entry opportunity. 3️⃣ Entry, Stop Loss & Take Profit Targets Based on the technical setup, here’s how we can approach this trade: 🔹 Entry: Ideal entry is around the current support zone after a successful retest. 🔹 Stop Loss: Placed below the support level at 0.006574 to minimize risk. 🔹 Take Profit (TP): The target price is set at 0.007126, aligning with the previous swing high. 4️⃣ Trade Outlook & Expected Movement If the price holds above support, we expect a bullish continuation towards the target. A minor pullback is possible before the next move higher. If the price breaks below the support zone, it may invalidate the bullish setup. 📌 Final Thoughts This setup is a high-probability bullish trade, backed by the falling wedge breakout and retest of a key level. However, always manage risk properly and wait for confirmation before entering the trade. What do you think? Do you see further upside, or is this a false breakout? Drop your thoughts below! 👇 #JPYUSD #ForexTrading #TechnicalAnalysis #TradingView #BullishBreakout #ChartPatterns
Long
by GoldMasterTrades
Bitcoin (BTC/USD) – Bearish Rejection from Supply ZoneThis chart represents a technical analysis of Bitcoin (BTC/USD) on the daily timeframe, highlighting key levels of resistance, support, and potential price movement. It indicates a bearish rejection from a supply zone, which suggests that BTC may experience further downside pressure. Key Components of the Chart: 📌 1. All-Time High (ATH) + Resistance Zone (~$110,000 - $115,000) This is the highest price level Bitcoin has ever reached on this chart. It acts as a strong resistance zone, meaning sellers are likely to step in if the price approaches this level again. 📌 2. Supply Zone (~$88,000 - $90,000) The supply zone is an area where selling pressure is high. BTC attempted to break above this zone but got rejected, leading to a sharp decline. This rejection confirms that bears are in control, pushing the price downward. 📌 3. Stop Loss (~$95,629) This level represents the point where a bearish trade would be invalidated. If BTC breaks above this level, it could indicate a shift in momentum toward bullish territory. 📌 4. Current Price Action (~$83,444) BTC is currently trading below the supply zone, showing weakness. The recent lower high formation suggests a continuation of the downtrend. 📌 5. Take Profit (TP) Level (~$65,969) This is the target level for a potential bearish move. The $65,969 level has acted as major support in the past, meaning buyers may step in here. If BTC reaches this level, it could either bounce back up or break lower, leading to further downside movement. 📌 6. Major Support Level (~$45,000 - $50,000) If BTC breaks below the $65,969 support, the next major support zone is around $45,000 - $50,000. This area is historically significant and could provide a strong buying opportunity. Trade Plan & Strategy: 🔴 Bearish Bias: The rejection from the supply zone signals a continuation of the downtrend. A short position can be considered if BTC fails to break above the supply zone again. 🎯 Trade Setup: Entry: Around $85,000 - $88,000 (if BTC retests the supply zone and gets rejected again). Stop Loss: Above $95,629 to protect against an unexpected bullish breakout. Take Profit (TP): Around $65,969, targeting the next major support level. Conclusion: BTC is showing signs of a bearish continuation, with strong resistance at the supply zone. A potential move toward $65,969 is likely if selling pressure continues. If BTC breaks below this key level, a further decline toward $45,000 - $50,000 could happen. ⚠️ Disclaimer : This is not financial advice. Always conduct your own research before making trading decisions. 🚀📉
BITSTAMP:BTCUSDShort
by GoldMasterTrades
Analysis of USD/JPY Chart**Analysis of USD/JPY Chart** **Chart Pattern & Market Structure** - The chart identifies a **triangle chart pattern**, which often signals a potential breakout. - Price has been consolidating within this structure and recently **broke above the pattern**, indicating possible bullish momentum. **Key Technical Levels** - **Resistance Zone (~149.8 - 150.0):** Price is testing this area, which previously acted as a supply zone. A breakout above could open doors for higher levels. - **Support Zone (~148.5 - 149.0):** If price retraces, this area could act as a strong demand zone. - **EMA50 (~149.2):** Currently acting as a dynamic support, maintaining the bullish structure. **Potential Price Movement** - The chart suggests a possible pullback toward **support** before continuing higher toward the next resistance zone (~151.5 - 152.0). - If price breaks below the **support zone**, the uptrend could weaken, leading to a bearish scenario. **Trading Considerations** - A **successful breakout above resistance** (~150) could push price towards **152.0**. - A **rejection at resistance** might bring price back to **support (~148.5 - 149.0)** before another bullish attempt. - Traders should watch for **confirmation signals** (candlestick patterns, volume spikes) before entering trades.
Long
by elitetrader9090
Hedera Hashgraph: Balancing ActHedera Hashgraph’s HBAR continues to hover just above the $0.17 support level, moving within an increasingly narrow sideways range. If the price breaks sustainably below this red line (38% probable), the green corrective wave alt. will establish a new low. Our primary assumption, however, remains that the green wave was already completed with the late February low, at the upper boundary of our now grayed-out Target Zone. If this assumption holds and buying pressure returns soon, HBAR should rally above the $0.39 resistance during the green impulse wave .
BINANCE:HBARUSD
by MarketIntel
Gold (XAU/USD) Chart Analysis**Gold (XAU/USD) Chart Analysis** 📌 **Current Price:** $3,014.41 📊 **Chart Pattern:** Uptrend with Higher Highs & Higher Lows 🎯 **Short-Term Target:** $3,020 **🔹 Key Levels:** - **Support:** - $3,012 (7 EMA) - $3,008 (21 EMA) - $3,003 (50 EMA) - **Resistance:** - $3,015 (Immediate) - $3,020 (Psychological Level) **✅ Trade Setup (Scalping Strategy):** - **Entry:** On retracement near $3,012 (7 EMA) - **Stop-Loss:** Below $3,008 - **Take Profit:** $3,020 📢 **Gold is in a strong uptrend. Bullish momentum remains intact unless price drops below $3,008!** 🚀
OANDA:XAUUSDLong
by elitetrader9090
AUD/JPY Chart AnalysisAUD/JPY Chart Analysis **Key Patterns Identified:** 1. **Rectangle Pattern (Range-bound Market)** - The price traded within a horizontal range, forming a consolidation zone. - Two clear support touches at the bottom of the range (labeled as Bottom 1 and Bottom 2). - The price respected both support and resistance levels multiple times before breaking out. 2. **Double Bottom Formation** - A classic reversal pattern, signaling potential bullish momentum. - Bottom 1 and Bottom 2 indicate strong support, where buyers stepped in. - The breakout above the rectangle confirms the pattern, suggesting further upside potential. **Breakout Confirmation:** - The price successfully **broke out** above the rectangle's resistance. - Volume increased during the breakout, supporting bullish momentum. - Moving Averages (EMA 7, 21, and 50) are aligned bullishly, confirming the uptrend. **Target Projection:** - The expected target is measured based on the rectangle’s height. - The breakout suggests a potential move towards **97.00** as the next resistance zone. **Key Levels to Watch:** - **Support:** 94.50 (previous range support), 95.00 (psychological level). - **Resistance:** 96.00 (current price zone), 97.00 (breakout target). **Conclusion:** - **Bullish Bias:** Price action and technical indicators favor more upside. - **Watch for Retests:** A pullback to the breakout zone (around 95.00) could offer buying opportunities. - **Risk Management:** If price re-enters the rectangle, the breakout may fail, requiring reassessment.
Long
by elitetrader9090
WELCOME 3000 GOLD WILL GOLD MARK NEW ATH AGAIN!🔥 Attention Traders! 🔥 XAUUSD is heating up! Here's the latest analysis: 🔻 Bearish Setup: Watch for a potential decline if the price breaks below 2979-3003. Key targets: 2960 & 2945. 🔺 Bullish Setup: A breakout above 2911 could signal buying opportunities! Keep an eye on these targets: 3015 & 3030. 📉 Risk Management: Always protect your capital by setting stop-losses and adjusting position sizes based on your risk tolerance. Trading with discipline is key to success! 📊 Stay Engaged: Share your thoughts and strategies as we navigate through this volatile market. Let’s aim for new highs while managing risk effectively! 💵🚀
OANDA:XAUUSD
by ANNA_EXPERT
2
GBP/USD Chart Analysis: (1H Timeframe)**Chart Analysis: GBP/USD (1H Timeframe)** **1. Chart Pattern - Rising Wedge 📉** - The price has formed a **rising wedge**, a bearish reversal pattern. - A rising wedge occurs when price makes higher highs and higher lows but within a narrowing range, suggesting weakening bullish momentum. - The price has now broken out of the wedge, signaling a potential downward move. **2. Key Levels & Targets 🎯** - **Current Price:** Around **1.29720** - **EMA Levels:** - **7 EMA:** 1.29767 (Short-term trend indicator) - **21 EMA:** 1.29748 - **50 EMA:** 1.29629 (More reliable trend indicator) - **Bearish Breakdown Targets:** - **First Target (Red Label):** Around **1.2800**, aligning with previous support levels. - **Final Target (Green Label):** Around **1.2650**, suggesting a larger move downward if selling pressure continues. **3. Confirmation of Downtrend? 🔻** - The breakdown below the rising wedge suggests a potential **downtrend continuation**. - The **break below 1.2900** would likely confirm a stronger bearish move. - Volume is increasing on the move down, indicating strong selling interest. *Possible Trade Setups 📊** 1. **Bearish Scenario:** - A short position can be considered if price continues breaking below key EMAs and previous support. - **Entry:** Below 1.2960 - **Stop Loss:** Above 1.3000 - **Take Profit:** 1.2800 (first target) or 1.2650 (final target). 2. **Bullish Reversal Possibility:** - If price **reclaims the wedge** and breaks above 1.3000, it could invalidate the bearish pattern. **Conclusion:** - The **rising wedge breakdown** suggests bearish momentum. - A move below **1.2900** would confirm further downside. - **Watch for volume confirmation** before entering a trade.
Short
by elitetrader9090
Zscaler: BalancedZS has seen buyers and sellers largely balancing each other recently, preventing any significant moves in either direction. As a result, we continue to place the stock in a corrective rally as part of the magenta wave , with its high anticipated above the $259.61 resistance. However, if the price falls below the $153.70 support, the ongoing corrective structure will extend further, with the turquoise wave alt.X establishing a new low. This alternative scenario carries a 35% probability.
NASDAQ:ZS
by MarketIntel
Silver Climbs on Weak Inflation DataSilver surged toward $33.90 an ounce, its highest since late October with ongoing trade tensions and rising Fed rate cut expectations after weak U.S. inflation data. Trump threatened 200% tariffs on European wines in response to the EU’s 50% tariff on U.S. whiskey, further heightening market uncertainty. U.S. producer prices remained flat in February in the meantime, consumer inflation rose just 0.2%, and jobless claims declined, signaling a resilient labor market. If silver breaks above $34.00, the next resistance levels are $34.85 and $35.00. On the downside, support is at $33.80, with further levels at $33.15 and $32.75 if selling pressure increases. 
FOREXCOM:XAGUSD
by ChartMage
Gold's Record Week: $2,980 MilestoneGold surged above $2,980 per ounce, hitting a record and heading for a 2% weekly gain as risk aversion and Fed rate cut expectations grew. Trump escalated trade tensions, threatening a 200% tariff on European wines after the EU's 50% tax on U.S. whiskey. February's PPI and CPI data showed easing inflation, increasing Fed flexibility for rate cuts, and raising gold's appeal. Strong ETF inflows and continued central bank purchases, with China extending its buying for a fourth month, further supported prices. Key resistance stands at 3000, with further levels at 3045 and 3100. Support is at 2980, followed by 2916 and 2885.  
EIGHTCAP:XAUUSD
by ChartMage
Euro Climbs on German Deal, Awaits Fitch RatingThe euro climbed toward $1.09, nearing its highest since early November, as Germany agreed on debt reform and increased spending. Chancellor-elect Friedrich Merz secured a deal with the Green and Social Democrat parties ahead of next week’s parliamentary vote. Markets await Fitch’s rating decision on France, which is due after Friday’s close. Meanwhile, trade tensions rose as Trump threatened a 200% tariff on European wines in response to the EU’s tax on American whiskey. On geopolitics, Trump called his talks with Putin on Ukraine “very good,” expressing optimism for a resolution. Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0800, with further levels at 1.0730 and 1.0650.  
by ChartMage
Yen Gains on Rate Hike ExpectationsThe Japanese yen traded around 148.6 per dollar on Monday, near a five-month high, as expectations for BOJ rate hikes remained strong. However, the central bank is expected to keep its policy unchanged in this week’s meeting. Major Japanese firms approved wage hikes for the third year, boosting consumer spending and inflation, and potentially allowing future rate increases. The yen also gained from dollar weakness as US economic concerns and trade policies pushed investors toward safe-haven currencies like the yen and Swiss franc. Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
Is Shell Ready to Break Through Key Resistance on Its 5th Try..?🚨 Shell's 5th Attempt to Break Resistance at 0.3380 🚨 Shell is currently testing the key resistance level of 0.3380 for the 5th time. 🔥 Here's what to watch for: 📈 Strategy: Wait for a breakout on the 4-hour timeframe. If Shell sustains above **0.3380**, we could enter a long position on the retest. 🎯 Targets: First target: 0.4000 Second target: 0.4500 Keep an eye on this level—could be a big move ahead! 🚀
Long
by Kartik_Elkunchwar
Gold (XAU/USD) – Head & Shoulders Pattern Analysis**📈 Gold (XAU/USD) – Head & Shoulders Pattern Analysis** This chart represents the **Gold Spot (XAU/USD) 1-hour timeframe** and shows a potential **Head and Shoulders (H&S) pattern**, which is a bearish reversal signal. Let's break it down: **🛠 Key Elements of the Chart:** 1. **📉 Head & Shoulders Formation (Bearish Sign)** - **Left Shoulder**: Price makes a peak, then retraces. - **Head (ATH – All-Time High at ~$3,005)**: The highest point before pulling back. - **Right Shoulder**: Another peak, lower than the head, indicating weakness. - **Neckline (Support Zone)**: Marked in red. A breakdown below this level confirms the pattern. 2. **📊 Exponential Moving Averages (EMA)** - **EMA50 (Black Line)**: Indicates medium-term trend support. - Price is testing this moving average, which acts as a dynamic support level. 3. **🔴 Resistance & Support Zones** - **Resistance (Green Box near ATH)**: Selling pressure is strong at these levels. - **Support (Red Zones)**: Price could test these areas if the H&S pattern plays out. 4. **📉 Bearish Projection (Blue Arrow)** - If price **breaks below the neckline (~$2,974)**, it could drop to the next major support at **$2,940–$2,920**. 5. **📈 Bullish Scenario (Gray Arrow)** - If price **rebounds from EMA50 and the support zone**, it could attempt another rally towards **$3,005 and beyond**. ### **📌 Trading Implications:** ✅ **Bearish Breakdown:** - Sell below **$2,974** with targets at **$2,950–$2,920**. - Confirmation comes from increased volume on breakdown. ✅ **Bullish Reversal:** - If price holds above EMA50 and **breaks $2,990**, it could **retest ATH at $3,005+**. - Strong buying interest could push gold to **$3,020–$3,050** in a risk-off environment. ### **🔎 Conclusion:** 📊 **Gold is at a critical level**—watch for a **breakout or breakdown** confirmation. A confirmed **H&S breakdown** could signal a retracement, while a **bounce above EMA50** keeps the **bullish trend intact**. 🚀💰 #XAUUSD
FOREXCOM:XAUUSDShort
by elitetrader9090
GBPJPY Trade Analysis**GBP/JPY 15-minute chart** **Trade Analysis & Idea:** 📉 **Previous Downtrend**: The pair experienced a strong drop before finding support around **191.400**. 📈 **Current Recovery**: Price is now rebounding and trading above short-term moving averages (blue & red EMA). 🔄 **Resistance Zone**: The **192.000 - 192.200** area may act as resistance for further upside. ### **Potential Trade Setups:** 1️⃣ **Bullish Continuation**: - If price **breaks & closes above 192.000**, we could see further upside towards **192.400 - 192.600**. - A strong candle close above resistance would confirm bullish momentum. 2️⃣ **Rejection & Pullback**: - If price struggles to hold above 192.000, a pullback toward **191.700 - 191.500** is possible. - Look for **bearish candlestick patterns** (e.g., rejection wicks, engulfing candles) to confirm a short opportunity. ### **Risk Management:** ✅ Secure partial profits at key levels. ✅ Use **tight stop-loss** below **191.700** for longs or above **192.200** for shorts.
by elitetrader9090
ETH/USDT – Ascending channel. Breakdown below support?Ethereum - is a smart contract platform that allows developers to build decentralized applications (DApps) on its blockchain. CoinMarketCap : #2 ↗️ Ethereum is moving within an ascending channel, and the bullish trend remains intact. Inside the channel, there are two triangles. The first triangle, with a base of 88%, has played out—its third wave broke through the triangle. Liquidity grabs and shakeouts before the growth in the inner channel zones are marked with yellow circles. Currently, we see a mirrored situation with a new triangle, this time with a 156% base. However, if this pattern plays out, it will break the ascending channel. At the moment, the price has been dragged below the channel support, and there is a lot of negative sentiment in the news and opinions. Few believe in an upward move, and many have been liquidated. To me, this looks like a strong trigger. ⤵️The bearish scenario implies a -61% drop. (A less likely scenario.) I've marked everything on the chart—consider this in your trading strategy. Remember, there's a lot of negativity around Ethereum, just like with all altcoins... I also believe that on the monthly chart, it will end up being just a wick of the candle.
Long
by KECapital