Get started

Chart Patterns

BTC/USDT - 1H Price Action & Smart Money AnalysisBTC/USDT - 1H Price Action & Smart Money Analysis Exchange: OKX | Chart Type: Heikin Ashi | Timeframe: 1H Indicators: Price Action Concepts (SMC), Liquidity Zones, Structure Scanner Market Structure & Key Levels Bitcoin is currently trading around $87,629, following a strong bearish structure characterized by multiple Break of Structure (BOS) events. However, the recent Change of Character (ChoCH) suggests a potential shift in market dynamics. Key observations: 🔴 Major Supply Zones: • $96K - $100K → Strong resistance zone with high sell-side liquidity. • $108K - $112K → Potential final target if momentum sustains. 🟢 Major Demand Zones: • $68K - $72K → High confluence zone with historical buy orders. • $60K - GETTEX:64K → Strong liquidity accumulation zone, potential long entry if price revisits. Trend Analysis & Price Projection 📉 Downtrend Confirmation: The price has been making lower highs and lower lows, maintaining a bearish trend. However, the formation of a ChoCH indicates a possible trend reversal if demand steps in. 📈 Bullish Scenario: If Bitcoin successfully breaks and holds above GETTEX:92K , it could trigger a short squeeze, leading to an upside target of $100K - $112K. 📉 Bearish Scenario: If rejection occurs near FWB:88K - GETTEX:92K , we could see further downside, potentially testing liquidity zones around $72K before any meaningful recovery. Trading Strategy & Risk Management ✅ Breakout Confirmation: Long positions are only valid above GETTEX:92K with a clear breakout structure. ✅ Short-term Scalping: Potential short opportunities from FWB:88K - GETTEX:92K down to liquidity levels near $72K. ⚠️ Risk Consideration: Always maintain strict risk management with a 1:2 risk-to-reward ratio, ensuring stop-loss placement based on structure invalidation. Final Thoughts Bitcoin is currently at a critical inflection point—a breakout above GETTEX:92K could accelerate bullish momentum, while failure to hold this level may push prices lower to test deeper liquidity pools. Traders should wait for confirmations and manage risk accordingly. 📊 Next Key Levels to Watch: 🔹 Bullish Breakout → GETTEX:92K → $100K → $112K 🔹 Bearish Breakdown → $80K → $72K → GETTEX:64K 🔔 Trade with discipline & let the market confirm your bias before entering positions. This analysis provides a structured breakdown of price action, liquidity zones, and potential trade setups while emphasizing risk management. Let me know if you’d like any refinements! 🚀
by algomanlife
NASDAQ– Key Trendline Test & Support Levels The Nasdaq 100 (NDQ100) has been under selling pressure as investors weigh macroeconomic factors, including Federal Reserve policy decisions and technology sector earnings. While AI-driven stocks have shown resilience, broader concerns about interest rates and valuations have led to increased volatility. The latest economic reports indicate mixed signals: GDP growth remains steady, but inflation remains stubbornly high. The Fed’s stance on potential rate cuts is uncertain, adding to investor caution. Additionally, geopolitical tensions and supply chain disruptions continue to pose risks to growth stocks, making technical levels highly significant for traders. Technical Analysis Timeframe: 1D Trendline Retest: NDQ100 is currently testing a long-term ascending trendline, which has provided dynamic support since mid-2024. Key Levels to Watch: Support Zones: 20,681.94 – A critical level where buyers may attempt to regain control. 20,000.00-19,500.00 (Blue Zone) – A broader support area where demand has historically been strong. Resistance Levels: 21,247.62 – The immediate resistance level that bulls need to reclaim for a recovery. Bearish Breakdown Risk: A sustained break below 20,681.94 could accelerate selling pressure, pushing the index toward 19,500.00 and below. Bullish Scenario: If NDQ100 holds the current trendline and rebounds, we could see a push back toward 21,247.62, confirming continued bullish structure. Final Thoughts The Nasdaq 100 is at a make-or-break level. Holding the trendline could trigger a bullish reversal, but a breakdown could lead to deeper declines. Macroeconomic developments and earnings reports will be key catalysts in the coming weeks. 📌 What’s Your Take? Bullish or Bearish? Drop your insights below!
EIGHTCAP:NDQ100Long
by FrankFx14
DOW JONES: 1D MA200 and Channel Up bottom. Bullish.Dow Jones is bearish on its 1D technical outlook (RSI = 36.722, MACD = -181.150, ADX = 58.438) as it is running the bearish wave of the 16 month Channel Up. Being so close to the 1D MA200 has been a buy signal since November 2nd 2023. Additionally, the price just hit the 0.382 Fibonacci level from the last consolidation phase. If that's confirmed, then the index is about to complete the new consolidation phase. The target on the previous one has been at least the 3.0 Fibonacci extension. The trade is long, TP = 50,500. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DJILong
by InvestingScope
Will gold fall again after stabilizing and rebounding?In terms of short-term gold operation ideas, it is recommended to short on rebounds and long on pullbacks. The short-term focus on the upper side is the 2916-2920 line of resistance, and the short-term focus on the lower side is the 2890-2895 line of support. It is necessary to control the position and stop loss, and set a stop loss strictly. Short order strategy: Strategy 1: Short 20% of the gold position in batches when it rebounds to around 2916-2920, stop loss 6 points, target around 2900-2895, break to see 2890 line; Long order strategy: Strategy 2: Long 20% ​​of the gold position in batches when it pulls back to around 2890-2893, stop loss 6 points, target around 2900-2910, break to see 2915 line;
TVC:GOLDLong
by x7p2x7p2
Oil Tariff Problems – Breaking Lower From a Sideways Range?In a previous post on Oil from December 9th (please take a look at our timeline for details) we highlighted that prices were back to an interesting level on the chart. Tests of an uptrend, which had been forming since the September 10th low at 65.63, were being seen as a sideways range in price developed. It was suggested at the time that traders may be watching this support level, as closing breaks below it might expose a more extended phase of price weakness, or if the support held, upside pressures might emerge once more. As we now know, the support level remained intact and a strong price rally was seen up to 81.01, the January 15th session high. However, as impressive as the December/January Oil price strength proved to be, after trading to the 81.01 January 15th highs, there was an equally significant failure of upside momentum, as sellers materialised again. This saw a sharp decline in Oil prices, all the way down to 67.11 the latest correction low posted on March 4th. Now, this last move lower has been in response to concerns about the demand outlook for Oil across the rest of 2025 as President Trump’s tariffs on key trading partners Canada, Mexico and China took effect and were met by retaliatory tariffs back on US goods. The fear is that an escalation of trade wars will negatively impact the global economy, and the ensuring slowdown will see the demand for Oil reduce. Whether it does or not remains to be seen, but Oil prices may remain volatile across the rest of this week as traders receive more tariff updates and start to focus on key US economic data in the form of the US ISM Services PMI, released tomorrow at 1500 GMT, and then the all important US Non-farm Payrolls, which is released at 1330 GMT on Friday. Technical Focus: What is now interesting with the chart above, is that Tuesday is seeing breaks under the support offered by the uptrend, which if confirmed on a closing basis, may in turn suggest the possibility of a more extended phase of Oil price weakness. This type of break lower in price is no guarantee of further declines and much will depend on future price sentiment and trends, but if it does happen, being aware of possible support levels, can be helpful. Technical Update: Potential Oil Price Downside Focus Previous correction lows are often a good place to start, as they have held declines before and seen prices rally, so are potentially areas where buyers maybe found again. With this in mind, 66.75, the November 18th low, or even 65.63, which was the September 10th low, may well be worth watching as possible support levels. Now, if these lower supports do give way on a closing basis, it’s not out of the question from a longer term perspective that there could be potential for an even deeper decline. If this is the case, as highlighted on the chart above, it might prove to be 63.68, which was the May 2023 low, or even 61.91, which was the November 2021 low that could in time come into focus. What if the Support Holds? Now, with so much uncertainty, it is possible that these support levels hold, so having some potential resistance levels to consider if there is a bounce can also be useful. Half of this week’s sell-off stands at 68.84, which if broken to the upside may suggest greater risks for continued Oil price strength. However, as recently proved to be the case when the market recovered into the 68.47 February 20th price high, it was the declining Bollinger mid-average that limited and then reversed the rally back to the downside. So, it could be this mid-average, which currently stands at 70.95, that traders might feel is a more challenging resistance area to overcome. Certainly, it would need to be broken on an upside closing basis, before evidence might turn towards a more extended retracement of January/March price declines. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
PEPPERSTONE:SPOTCRUDE
by Pepperstone
1
Heading into 61.8% Fibonacci resistance?USD/JPY rising towards the resistance level which is an overlap resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 150.06 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 151.31 Why we like it: There is an overlap resistance level. Take profit: 148.17 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
100% Profitable Gold Trading SignalsGold trend analysis: Gold's trend this week fluctuated upward, with corrections during the rise, and 3 box ranges. The current support and resistance levels are also clear. Yesterday's tariff policy triggered trade disputes, which escalated the risk aversion of gold prices. Gold prices rose from 2860 this week and traded below 2930 in two trading days. Although there was a correction in the early morning, the support below 2895 is still relatively obvious, so today we still maintain a correction bullish idea. Today, the US market will welcome the ADP small non-farm data. At that time, we will adjust our trading ideas according to the published data results. Qinshi Jinsheng predicts that if the published data is greater than the previous value of 183,000, it will have a negative impact on the gold price; on the contrary, if the published value is less than the expected 144,000, then the gold price may break through 2930 to test the historical high; there is also a trend of falling first and then rising if it is between the two values. Just pay attention to the US market. From the hourly chart, the low point of gold price after breaking through the second box yesterday is at 2900. Today, we can wait for gold price to pull back to this position to place bullish positions, and protect the box below 2895. The upper resistance still needs to pay attention to the suppression of 2930, and only after breaking through will it go to the high of 2956. In view of the release of US data, I suggest that the Asian and European sessions should be treated as range fluctuations first, and the strategy should be adjusted after the data is released. Go long near 2900 below, protect 2894, and look at the two targets of 2920 to 2928 above; If it goes above 2930 above, go short and look for a pullback, protect 5 points, and look at the target near 2908.
OANDA:XAUUSDLong
by niwmniwm
#GALA/USDT#GALA The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.01674 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the Moving Average 100 Entry price 0.01870 First target 0.01870 Second target 0.01993 Third target 0.02129
Long
by CryptoAnalystSignal
BTC SHORT TP: 85,4000 05-03-2025Bitcoin is currently displaying a rebound pattern towards the 85,000 - 85,500 zone, which is crucial to maintain its bullish momentum. I suggest entering a short position in this range with tight stop-losses to capitalize on the anticipated movement. This analysis is based on a 1-hour timeframe, so we should expect results within 8 to 11 hours. If the expected price action does not occur within that timeframe, the trade will be considered invalid. Be sure to follow me for ongoing updates and to continue generating profits! We've successfully executed 6 trades in a row—let's aim for this to be the 7th, or we start fresh!
CRYPTO:BTCUSDShort
by ReyDragon21
XAUUSD (Gold) Long SetupXAUUSD (Gold) Long Setup | Bullish Flag Breakout 📌 Entry: 2916.8 (Entry after breakout confirmation) 🛑 Stop Loss: 2895.0 (Below the flag support) 🎯 Target 1: 2945.0 (Previous structure high) 🎯 Target 2: 2970.0 (Major resistance level) 🔍 Setup Explanation: • A bullish flag pattern has formed, and a breakout is occurring. • Trendline breakout has been confirmed, with a potential higher low formation or direct upward move. • If strong bullish momentum continues, price may reach 2945-2970 levels. 📌 Risk Management: • Placing SL at 2895.0 helps to avoid fake breakouts. • Risk-to-reward ratio (R:R) = 1:3+, making it a profitable setup
FX:XAUUSDLong
by erdenemunkh731
GBP/NZD Rounded Top (06.03.25)The GBP/NZD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Rounded Top Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2.2362 2nd Support – 2.2266 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
1
GBP/JPY - Dragon & Cypher Patterns in Play! Welcome, traders! Today, we’re diving into GBP/JPY, where two powerful harmonic structures—the Dragon and Cypher patterns—are shaping the market structure. Let’s break it down: 🐉 Dragon Pattern - The Bullish Shift The market recently completed a Dragon pattern, marking a potential trend reversal from the previous bearish impulse. This pattern indicated buying pressure stepping in at key support, leading to a strong upward move. 🔶 Cypher Formation - A Brief Pause Before More Upside? Following the Dragon breakout, price action formed a Cypher pattern, with price currently hovering around its completion zone. A pullback here could act as a retracement before continuation, offering potential trade opportunities. 📈 Key Levels & Targets ✅ Cypher Target: Aligned with Fibonacci 23.6%, signaling the first area of interest. ✅ Dragon Target: The extended projection suggests an eventual move toward Fibonacci 2.618, completing a larger bullish sequence. 🎯 Trade Plan & Psychology A minor pullback is expected before price resumes its bullish momentum toward higher targets. Risk Management: A stop below the Cypher structure helps manage risk, ensuring protection against any unexpected reversals. Patience is key! Let the market confirm the move before committing to a position. 🔥 If the structure holds, we could see a strong continuation to the upside. Stay disciplined and trade the plan! Let me know your thoughts in the comments. Happy trading! 🚀📊
Long
by TradeChartPatternsLikeThePros