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AUDJPY Ready To "Drop A Shoulder"? Multi-Timeframe May Help!OANDA:AUDJPY is beginning to form a very convincingly strong Reversal Pattern, the Head & Shoulders! Starting with the Daily Chart we can see that Price is Forming a Doji Candle just after trying to Breakout of a Major Resistance Zone created from the Highs of March 18th and if Price is unable to close above this level, this strengthens the Bearish and Reversal Bias. Now the 4 Hr Chart shows both the "First Shoulder" or Previous Higher High that was surpassed by the "Head" which is the New Higher High, has formed quite quickly with a slightly Ascending "Neckline" or Support Line where Bulls were able to make their Last Stand. With a Reversal Pattern, you want to see a Change in Trend, in this case, would be a Lower High then that of the Higher High or "Head" @ 96.204. *If Bulls are able to Push Price above the "Left Shoulder" or Previous Higher High @ 95.952, this will Invalidate the Head & Shoulders Set-up! **If Bulls are unable to Break Above 95.952 and Price is pushed back down to the Confirmation or "Neckline" for a 3rd time, this Confirms the Head & Shoulders Set-up!! Based on the Distance between the Head and Neckline, we can project a potential drop down to the next Support Level as a Price Target @ 95.00 once: 1) Pattern is Confirmed 2) Breakout is Validated
Short
by Novi_Fibonacci
2
Don’t be too optimistic, gold may change its face at any time!Gold continued to rebound to around 3320, and it seems to have completely stood above 3300. The bulls are recovering. Should we chase gold in a big way? In fact, due to the disruption of news such as the Federal Reserve's interest rate decision and tariffs, the gold market has clearly shown the characteristics of frequent switching between long and short positions and discontinuity between long and short positions. Therefore, even if gold rebounds to a certain extent, it is difficult for the market to stand unilaterally on the bull side. In the short term, gold began to retreat from around 3366, reaching a minimum of around 3283, with a retracement of $83; and currently it has only rebounded from the low of 3283 to around 3320, and the rebound is even less than 50%. Gold bulls are not as strong as imagined; although gold continues to rebound, before regaining the 3325-3335 area, it can only be regarded as a technical repair of the sharp drop, and cannot be completely regarded as a reversal of the trend. So after the rebound of gold, gold bears may counterattack strongly at any time. Therefore, in short-term trading, after gold rebounds, you can consider shorting gold with the 3325-3335 area as resistance, and the first entry area worth paying attention to is 3320-3330.
OANDA:XAUUSDShort
by Trading_Steffen
Delayed Cycle Kicks Off This March? (Chart)🚀📈 Delayed Cycle Kicks Off This March? 🔥💡 March has (almost) arrived, and Bitcoin has officially confirmed $79,478 as major structural support—a critical level that had to be checked before the next move. This aligns perfectly with my previous idea of a delayed cycle playing out. 📌 Long above 79K 📌 Short below 79K 📌 Short-term target: GETTEX:87K+ With this structural support holding, I expect Bitcoin to push toward the next major test: $113,800. This is the all-time trendline, a level of historical significance. 🔑 What happens at 113K? This is where Bitcoin’s fate for this cycle will be decided: ✅ A breakout above 113K could unlock a run to 150K - 200K, a true extension of this cycle. ❌ A terminal rejection at 113K could mark the end of this cycle, signaling a broader correction phase. At the moment, the probabilities lean toward further upside, with an 80% chance of continuation. The 20% downside risk remains for a dip to FWB:65K-66K, but as long as Bitcoin stays above 79K, the bullish thesis remains intact. 💡 March looks strong, and I’m stepping on the gas today. Let’s make it a powerful month! 🚀 One Love, The FXPROFESSOR 💙 video:
Long
by FX_Professor
10
GER40 Breaks Resistance – Eyes Set on 25,000 The index has broken above the key resistance at 24,367 🔼, turning it into fresh support. This breakout confirms bullish momentum, with strong upward structure and follow-through candles. Support Levels: 24,367 🔽, 23,718 🔽 Resistance Levels: 25,000 🔼 Bias: 🔼 Bullish: If price holds above 24,367, we may see a continued push toward 25,000. 🔽 Bearish: A drop below 24,367 could invalidate the breakout and shift momentum back to 23,718. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
THINKMARKETS:GER40
by SPOT_FX
MeghaHorn or BowTie Pattern !!!Key Observations: Pattern Formation: A broadening wedge or megaphone pattern (also likened to a bow tie) is forming. Price is oscillating between expanding trend lines. Labeled waves: 1, 2, 3, 4, 5 within the pattern. Critical Zones: Buy Above: $2,815.98 (upper boundary of the wedge). Sell Below: $2,258.03 (lower boundary of the wedge). No Trading Zone: Between $2,258 – $2,815 (uncertainty/consolidation area). Price Target: If price breaks below, Target 1 is indicated around $1,800 or below (implied from structure). Current Price: Trading at $2,748.56, up +5.05%, within the “No Trading Zone”. Summary: The chart suggests waiting for a breakout or breakdown from the wedge pattern to determine the next move. A breakout above $2,815 could signal a buy opportunity, while a breakdown below $2,258 could trigger a sell with a potential target near $1,800. Ask ChatGPT
COINBASE:ETHUSD
by GKTrademanthan
DXY Holds Above Channel Support: Next Leg Higher?Hey Traders, The U.S. Dollar Index (DXY) is consolidating just above a strong support cluster around 97.325, aligned with ascending channel structure and historical demand. Price action is suggesting a potential bullish continuation if this support zone holds firm. Current Market Conditions: * DXY is trading within a well-defined ascending channel, maintaining higher highs and higher lows. * Price is currently hovering above the 97.325 key support area and mid-channel dynamic trendline. * Recent candles show rejection from the lower boundary of the bullish channel, indicating buyers may be stepping in again. * Structure remains bullish unless price closes decisively below 97.325. Fundamental Analysis/Outlook: The dollar remains buoyed by persistent inflation pressures and Fed Chair Powell’s continued hawkish tone. Markets are pricing in fewer rate cuts in the near term, reinforcing USD strength. Today’s USD resilience is also supported by mild risk-off sentiment ahead of U.S. CPI data and Powell’s congressional testimony, which could further move the greenback. Targets: * TP1: 97.756 * TP2: 98.085 * TP3: 98.373 Risk Management: * Stop-loss: Below 97.325 to invalidate bullish structure. * Risk-to-Reward (R\:R): Minimum 1:2 setup. Consider adjusting position size based on support behaviour and macro event volatility. Technical Outlook: * Price needs to hold above 97.421–97.325 zone to maintain bullish bias. * Watch for bullish engulfing or momentum candles as confirmation for long setups. * A break above 97.630 could accelerate the rally toward higher resistance at 98.373. Conclusion: DXY is at a decision point. If bulls maintain control above 97.325, the index could push higher toward the 98.00+ zone. Keep an eye on U.S. economic data and Fed commentary for directional confirmation. Sign-off: “In markets, clarity often lies just beyond the fear. Trade the levels, not the noise.” 💬 Let me know your thoughts in the comments, and don’t forget to boost and follow for more insights. Trade safe!
TVC:DXYLong
by SignalSage_Ben
$IBIT a BITCOIN ETF Is Breaking Out of a Flat BaseNASDAQ:IBIT I have been looking at this for quite awhile now. I drew in an “area” of resistance, and it has hit that twice in the last few days. I bought a position on Jul 3rd and was stopped out. It just broke again so I have opened yet another position and will use a stop on a close below the 21 EMA (blue). If you like this idea, please make it your own and trade it only using your own trading plan. Remember, it is YOUR money at risk.
NASDAQ:IBITLong
by jaxdog
Quick take o sugar futuresThe technical picture is starting to look quite interesting. Let's see if seasonality will kick in as well. Let's dig in. MARKETSCOM:SUGAR ICEUS:SB1! Let us know what you think in the comments below. Thank you. 75.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:SUGAR
by Marketscom
Is #THETA Ready For a Major Reversal or Another Fakeout ahead?Yello, Paradisers! Is this breakout the beginning of a bullish reversal for #THETA or just a setup to trap the herd before a sharp dump? Let’s break down the setup of #ThetaNetwork: 💎After weeks of slow bleeding inside a falling wedge, #THETAUSDT has broken out of this pattern. The price is currently hovering around $0.718, and it’s the first time in weeks we’re seeing real bullish momentum starting to build. The volume is slowly picking up, so the probability of a bullish push is higher. 💎A clean breakout above the descending resistance now opens the door toward moderate resistance at $0.999. That’s the next key hurdle where we expect sellers to show up. If bulls are strong enough to clear that zone, we’re targeting the strong supply level at $1.284, where significant distribution will likely begin. 💎Why this setup matters: The support zone between $0.60 and $0.66 has acted as strong demand for multiple weeks now for #THETAUSD. Price wicked into it again recently and got bought up quickly, forming a potential higher low. This kind of accumulation behavior often precedes a strong leg up if volume confirms the move. 💎However, if price loses the key support at $0.60, and more importantly breaks below the setup invalidation level at $0.439, we’ll treat this as a failed breakout and expect a deeper correction. That would bring us back into the lower demand zones, and we’ll sit on our hands until the next proper high-probability entry appears. Stay patient, Paradisers. Let the breakout confirm, and only then do we strike with conviction. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
Gold at a Decision Point-Just as Tariff Headlines Return(July 9)📌 4H Technical Outlook by MJTrading Price is compressing inside a falling channel, nested within a large symmetrical triangle, and now sits right at a high-stakes confluence zone — a perfect intersection of dynamic EMAs, rising trendline support, and local structure. This could be a pivot point for the next major leg. 🧭 Key Scenarios: 🟢 Bullish Breakout Potential: If price breaks above the falling channel and holds above $3,310–$3,320: 🎯 Target: $3,400, and eventually upper triangle resistance near $3,480–$3,500 ✅ Watch for impulsive breakout + retest confirmation 🟡 Bearish Breakdown Risk: If the rising trendline gives way and price closes below $3,275 (High Risk) and $3,245(Low Risk): 🎯 Targets: First $3,232, then key level $3,166 ⚠️ Further weakness may expose $3,000 psychological support 🔍 Why It Matters: • Symmetry + compression = potential volatility expansion • Trump tariff headlines today (July 9) could trigger safe haven demand • Strong historical respect of these trendlines • EMAs aligning around decision zone “Another BreathTaking Edge” — because this is one of those moments where market structure whispers louder than words. 🗣 Boost if you find value, and follow MJTrading for more clean setups.🚀🚀 #XAUUSD #Gold #TradingView #TechnicalAnalysis #ChartPatterns #PriceAction #BreakoutTrade #Forex #MJTrading Zoom in to get closer to battlefield: Zoom out to see where we are:
CAPITALCOM:GOLD
by MJElahifx
1
TON/USDT : TON at a Key Breakout Level – Will $3 Hold or Break?By analyzing the TON Coin chart on the 3-day timeframe, we can see that after climbing back to the $3 level, this zone has now turned into a key resistance area. The most important condition for further bullish movement is a strong breakout and confirmation above $3. If that scenario plays out, the next potential upside targets are $3.15, $3.63, $4.20, and $4.68. ⚠️ (A deeper and more detailed analysis is recommended for long-term investment considerations.) Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3