Get started

Chart Patterns

GBPUSD // Strong bullish momentum ahead! Reversal pattern formed📊 GBPUSD Technical Analysis – Bullish Reversal in Play! 🚀 GBPUSD has formed an Inverse Cup and Handle pattern at the bottom of the downtrend, signaling a potential trend reversal. A strong bullish breakout above the trendline confirms buying momentum. Additionally, price has successfully broken above the 200 EMA with a powerful bullish candle, further strengthening the bullish outlook. 📌 Entry: Activated on breakout above resistance 🎯 Target 1: 1.2780 🎯 Target 2: 1.2860 The technical setup aligns with a bullish continuation, and buyers are gaining control. Stay updated for more insights! 🔔 Like, comment, and follow for more premium analysis! 📈🔥
Long
by TrendLogic1
1
3.4 Analysis of the latest gold market trends: Analysis of gold news: On Monday (March 3), the price of gold rose strongly. The market sentiment is still relatively cautious at present, and the market is waiting for more clear information, especially around the possible policy changes of US President Trump. The recent rise in gold prices is mainly driven by the Fed's expectations of future interest rate cuts and geopolitical uncertainties. The probability of the Fed's interest rate cut in June is as high as 77.6%, and the probability of maintaining the status quo is only 22.4%. This ratio reflects that the market's cautious sentiment on the US economic outlook has increased significantly. If the Fed starts a rate cut cycle in the middle of the year, it will effectively suppress the US dollar and US bond yields, providing strong support for the rise in gold prices. On the other hand, although the US 10-year Treasury yield has slightly rebounded from last Friday's low of 4.19% to 4.23%, the downward trend of the overall yield has not been fundamentally reversed. The continued decline in interest rates will further reduce the cost of holding gold and enhance the investment attractiveness of gold. Looking ahead, gold prices will continue to attract safe-haven demand as US tariffs on Canada, Mexico and China will take effect on March 4. Trump's tariffs could trigger market volatility and potential trade retaliation. Additionally, reports that Ukrainian President Volodymyr Zelensky has rejected calls for a ceasefire between Ukraine and Russia may also continue to support gold buyers. U.S. Commerce Secretary Howard Lutnick said on Sunday that tariffs against Canada and Mexico will take effect on Tuesday, but Trump will decide whether to stick to the planned 25% tariff level. Gold technical analysis: From the daily chart, gold prices rebounded from strong support at $2,832 again on Friday, triggering a rapid reversal. However, the rebound will only gain momentum after a sustained break above the 21-day moving average of $2,895. The RSI continued to rise after holding near the 50 level, indicating that buyers may remain in control in the short term. If it breaks through the 21-day moving average, it can be judged that this retracement is in place, and there will be a new round of upward trend. After gold fell back to 2859 during the day, it rose all the way. The short-term form showed strong performance, which was exactly the opposite of last week's decline. After last week's sharp decline, there will be a lot of room for rebound, and the current fluctuations are also relatively large, so you must wait patiently for a suitable entry position, and do not rush the operation. The daily cycle pulls back to the MA5 position, but there is no pullback after touching it, and the decline is very difficult. If it continues to rise, the resistance is 2900/2908. After the price breaks through the high point of 2877, the upward space is opened. According to the current pattern, 2900 is just a matter of longs stepping on the accelerator. Pay attention to timely withdrawal of short orders. Go long on the short-term retracement to 2877, and consider short above 2910. Taken together, in terms of today's short-term operation of gold, our professional and senior gold analyst team recommends to focus on longs on callbacks, supplemented by shorts on rebounds. The top short-term focus will be on the 2905-2910 first-line resistance, and the bottom short-term focus will be on the 2878-2873 first-line support.
FOREXCOM:XAUUSDLong
by Caesar_Gorman1
GOLD HAS BREAK LOWER HIGH, CAN CONTINUE ITS BULLISH TREND AGAIN.Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis.. XAUUSD Has break the lower high that means now This is no more sell trend, So it will be good to go with the trend that's why I have decided to go for long.. According to me XAUUSD will move further high and move for long (bullish) to the long term resistance area around 2950..XAUUSD can reach to the 1st Target around 2930 and then it will reach to 2950 and emt me tell you that 2950 is a major resistance area.. I Have identified the Long Position also in the chart... KEY POINTS: ENTRY PRICE 2914 LONG TERM RESISTANCE 2948/2953 TARGETS: 1st TARGET 2930 2nd TARGET 2950 CANCEL TRADE 2895
OANDA:XAUUSDLong
by Team_Elliana_Trades
USD/MXN: The Mexican Peso Weakens as New Tariffs Take EffectOver the last three trading sessions, the pair has risen by more than 2% in favor of the U.S. dollar as the threat of tariffs has become a reality. So far, President Trump has confirmed that the measures will take effect today, and there is currently no hope for another deadline extension. The President of Mexico has traveled to the United States for an official meeting, but at this time, there are no expectations that the measure will be lifted in the short term. Given this, investors have determined that the U.S. dollar is likely the strongest currency to consider, especially if there is a potential economic slowdown in Mexico’s activity in the coming months. Consistent Sideways Range For now, USD/MXN remains in a sideways range, defined by a ceiling at 20.91 pesos per dollar and a floor at 20.07 pesos per dollar. The recent bullish momentum has once again tested resistance, and if upward pressure on the U.S. dollar remains strong, it is possible that the sideways channel could give way to an uptrend, which has remained dormant. It is important to note that the latest candlestick in the formation shows strong neutrality, highlighting the barrier imposed by the current resistance level. ADX Indicator At the moment, the ADX line has started an upward trend and is now above the neutral level of 20 on the indicator. This suggests that the average of bullish movements in recent trading sessions is becoming trend-defining. However, it is crucial that the ADX line continues to move away from the neutral level to confirm that buying pressure is strengthening in the short term. Key Levels: 20.91: Major resistance, marking the upper boundary of the broad sideways range and acting as the most critical barrier for the latest bullish move. Breaks above this level could lead to new highs, ending the current consolidation phase. 20.43: Important support, aligning with the Ichimoku cloud barrier as well as the 50 and 100-period moving averages, highlighting the strength of this level. If the price falls below this point, the sideways range could extend further in the coming sessions. 20.07: Final support, positioned at the lowest price levels recorded in December 2024. If the price nears this zone, it could reinforce the bearish outlook, completely invalidating the long-term bullish trend. By Julian Pineda, CFA – Market Analyst
by FOREXcom
The XAUUSD todayGold has been analyzed as aggressively bullish today. The previous week saw a bearish trend due to last week's monthly close and some structural patterns. However, it's now shifting to the bullish side, having already reached 192 px (info line tool) , and may continue its bullish momentum." According to our analysis. Entry ;2910.00 1; Target point ;2920 2; Target point ;2930 3; Target point ;2940 closing point ;2898 It's my my thought. What you think about "XAUUSD" write in comment section. Thanks.
OANDA:XAUUSD
by David_1_8
1
BTC/USDT Long term PatternHere we can see a clear pattern since the bulls and bears from 2014/2015 till present times. Every bull and bear with the same amount of days. We are now in a zone of correction with a possible reverse to the upside at about 73K, although if it fails and does a correction like last bull we can see a move down to about 49K/50K. Let's see what the future holds for us in the crypto market, but just wanted to let this pattern identification here that gives us some insight on what might happen.
COINBASE:BTCUSD
by DiogoA12
NVIDIA Stock Goes Diving-Dressed ahead of Dotcom Crash RepeatingNvidia’s stock recently experienced a significant decline, tanked to 6-month low reflecting a mix of investor sentiment shifts, market dynamics, and company-specific concerns. Here’s our @PandorraResearch Team ̶M̶u̶m̶b̶o̶ ̶j̶u̶m̶b̶o̶ fundamental and technical breakdown of what is going on with Nvidia stock NASDAQ:NVDA and why: 1. Cooling AI Enthusiasm Nvidia has been at the forefront of the AI boom, with its chips powering advanced AI platforms. However, investor optimism about AI-related stocks has begun to wane. While Nvidia reported impressive revenue growth (122% in recent earnings), its future guidance failed to meet sky-high expectations. Investors are increasingly concerned that the returns from AI investments may take longer to materialize than initially anticipated. This cooling enthusiasm has led to a reassessment of Nvidia’s valuation, contributing to the stock's decline. 2. High Valuation Concerns Nvidia’s price-to-earnings (P/E) ratio had soared to levels significantly higher than industry averages, reflecting lofty expectations for its future growth. At its peak, Nvidia was trading at 45 times expected earnings, compared to the S&P 500’s average of 22 times. Such high valuations often make stocks vulnerable to corrections when market sentiment changes or growth slows. The recent sell-off suggests that some investors are beginning to view Nvidia’s stock as overvalued. 3. DOJ Antitrust Investigation Another factor weighing on Nvidia’s stock is news of a U.S. Department of Justice (DOJ) subpoena investigating potential antitrust violations. The probe reportedly focuses on whether Nvidia’s business practices limit customer options or stifle competition. While no formal charges have been filed, such investigations create uncertainty and make investors jittery about regulatory risks. 4. Broader Market Pressures The decline in Nvidia’s stock also coincides with broader market challenges. Rising interest rates and concerns about the U.S. economy have led many investors to shift away from high-growth tech stocks like Nvidia toward more stable, rate-sensitive investments. Additionally, a general downturn in the Nasdaq Composite index has amplified the pressure on Nvidia shares. 5. Profit-Taking After a Massive Rally Before its recent drop, Nvidia had seen meteoric gains—its stock surged over 120% in one year and briefly became the world’s most valuable company. Such rapid growth often attracts profit-taking as traders sell off shares to lock in gains. Analysts described this as a "routine selloff" after an extraordinary rally. Technical challenge The main technical 3-month log scaled graph for Nvidia's stock indicates on unattainable highs never seen before since Dotcom crash, reached through a massive long term path inside upside channel. Conclusion Nvidia’s stock decline is driven by a combination of factors: tempered AI optimism, valuation concerns, regulatory uncertainty, broader economic pressures, and profit-taking after an exceptional run-up. While some analysts remain bullish on Nvidia due to its dominance in AI hardware, others see the pullback as a natural correction in response to overextended valuations and shifting market conditions. -- Best schadenfreude wishes, @PandorraResearch Team 😎
NASDAQ:NVDA
by PandorraResearch
S&P Weekly... One More Shoulder?When we take a look at the weekly chart of the S&P with some indicators, seems like we are close to the end of a trend. RSI with the negative divergence, Stoch RSI and Macd heading down, possible head & shoulders pattern. Fibonacci (retracement) is also turning down from the 200 mark. 20 week average is broken down. Fibo 161 is almost at the same level as the 50 week average, which might hold the trend if we are lucky. Considering the pattern between Jan 2nd 2022 and Jan 2nd 2024 as a cup and handle, seems like we have reached its target level as well. One other option is the Elliott wave. If so, there might be a 5th leg, not sure if it will be higher though. Time will tell. However, the monthly chart is not looking bright either. Being cautious is a good idea.
TVC:SPX
by erdem_bilgin
GBP/JPY (British Pound / Japanese Yen) on the 1-hour timeframe, GBP/JPY (British Pound / Japanese Yen) on the 1-hour timeframe, illustrating a potential bullish setup. Chart Analysis: • The price is currently around 188.65, trading near a support zone (highlighted in red). • A possible bullish breakout is depicted, with price expected to rise towards 190.78 - 191.75. • Key levels: • Support Zone: Around 188.30 - 187.75 (potential bounce area). • Resistance Zone: Around 190.78 - 191.75 (potential target). • The chart also includes a rounded top formation, indicating a prior bearish move, followed by consolidation. • The expected scenario suggests a breakout from consolidation, leading to an upward move.
by Artiverma256