Get started

Chart Patterns

Bearish reversal?GBP/USD has reacted off the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could drop from this level to our take profit. Entry: 1.2477 Why we like it: There is a pullback resistance level that lines up with the 78.6% Fibonacci retracement. Stop loss: 1.2613 Why we like it: There is an overlap resistance level. Take profit: 1.2367 Why we like it: There is an overlap support level that aligns with the 38.2% Fibonacci retracement. 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
1
Ethereum $ETH Price AnalysisEthereum is currently sandwiched between two significant price zones in chart 1: - A bullish order block in the $2k-$2.4k range, which has acted as a solid support, holding three times already - A bearish order block in the $3.9k-$4.2k range, serving as a formidable resistance that has not been breached in three attempts The critical question now is whether: - Bears will push the price below this support level in the coming weeks, or - Bulls will break through the resistance to push the price higher My take on the situation: I believe the bulls have a better chance, and here's why: 1. Ascending Triangle Formation: As seen in Chart 1, Ethereum's chart is possibly forming an ascending triangle, a pattern that typically suggests bullish continuation 2. ETH/BTC Ratio: Chart 2 shows Ethereum CRYPTOCAP:ETH relative to Bitcoin CRYPTOCAP:BTC , where it's encountering two robust bullish order blocks in the 0.03-0.032 and 0.023-0.027 ranges on a weekly chart. These could signal a significant support and reversal point 3. Ethereum ETF Inflows vs. Outflows: According to data provider like coinglass, the last three months have shown much higher inflows than outflows into Ethereum ETFs. This suggests that smart money might be accumulating, setting the stage for a potential upward breakout Given these points, the technical setup appears to favor a bullish scenario in the near term
CRYPTO:ETHUSDLong
by OfficerDonut
1
UK100The UK100, also known as the FTSE 100, is a stock market index that represents the 100 largest and most liquid companies listed on the London Stock Exchange. These companies are the crème de la crème of the UK's corporate world, spanning various sectors such as energy, finance, healthcare, and consumer goods. Here are some of the top companies that make up the FTSE 100 index: Top 5 Companies by Market Capitalization: AstraZeneca plc (AZN): A pharmaceutical giant with a market cap of $236.45 billion ¹ Shell plc (SHEL): An energy behemoth with a market cap of $230.97 billion ¹ HSBC Holdings plc (HSBA): A banking giant with a market cap of $162.67 billion ¹ Unilever plc (ULVR): A consumer goods company with a market cap of $136.77 billion ¹ Rio Tinto Group (RIO): A mining company with a market cap of $110.09 billion ¹ Other Notable Companies: BP plc (BP.): An energy company GlaxoSmithKline plc (GSK): A pharmaceutical company British American Tobacco plc (BATS): A tobacco company Tesco plc (TSCO): A retail company Vodafone Group plc (VOD): A telecommunications company These companies are the backbone of the UK's economy, and their performance has a significant impact on the overall market. The FTSE 100 index is widely followed by investors, analysts, and financial media, and is considered a benchmark for the UK's stock market performance.
FX:UK100Long
by Shavyfxhub
1
GBP/NZD Double Bottom & Divergence Hint Bullish ReversalThe GBPNZD pair, previously entrenched in a bearish trend, has exhibited signs of weakening downward momentum, marked by the emergence of bullish divergence. A decisive break above the prior lower high (LH) could signal a potential trend reversal, shifting the bias toward bullish territory. This view is further reinforced by the formation of a double-bottom pattern, a technical structure often indicative of exhaustion in selling pressure and a foundation for upward price action. Traders may monitor these developments for confirmation of a bullish reversal.
Long
by AnalytixEdgeByQasim
1
Alt Season Finally About to Begin It has been a pretty brutal stretch for the majority of alts since this chart topped in the first week of December. However, after almost 2 months of accumulation we are seeing more and more compression on this chart ( notice the higher lows and lower highs). Once this pattern breaks, which I believe it will sometime in the next 7-10 days (based on the current rate of compression), alts will start ripping to the upside. I think the market makers knew how bullish the majority of retail sentiment was at the beginning of this month (new year, new administration) and wanted to delay the true breakout until sentiment was more bearish. I will post my elliot wave analysis for the bigger picture on this chart once we get a breakout to the upside. I think this wave will be explosive and we will start to see daily candles with >50% on many different alts. Bottom line, if you own alts, this should be the chart you are focused on. And its almost ready.
CRYPTOCAP:OTHERSLong
by crypto477
3
XAUUSD BEARISH H1 ANALYSIS READ CAPTIONHi traders. what do you think about gold CURRENT PRICE. 2770 Today on 25th January 2025 Currently, Gold is trading at $2770 its important to note that Gold has rejected the his high area 2686. now Gold Showing Strong resistance in this range, we may see a retest of these levels but for now the focus should shift to the support levels key Resistance 2781 to 2786 Gold has faced reject high at these levels this week, So keep an eye on these areas if theres a retest First target (Support Levels) 2750-2745 Watch these levels closely as the first line of support bounce. Demand zone and Second #Target 2730_2725 This zone represents a stronger demand area where we could see a solid rebound if gold pulls back Further. Focus on support zones now and consider waiting for a retest of #resistance before making any major decisions Outlook Current position_2770 Trend #Bearish Stop Loss 2795 Target 1 2750_2745 Target 2 2730_2725 Dont Forget to like support and comments
TVC:GOLDShort
by PUALTRADINGCLUB
ATH next week, most likely 2806As it looks now, GOLD will pullback to 55-62 level to close the 4H gap from Friday. There is 30% chance for GOLD to test this level and it is the best case scenario (for the entry). You can enter even higher with a small size. When reaching the 2800 level, there is a possibility triggering of SL clusters positioned above the ATH, so price can climb further(2830) but then fall back sharply to find liquidity. If you decide to trade this idea and you are a beginner, I will try to update this trade when - if entry conditions are met. You wont miss anything. DO NOT ENTER blindly on the entry line. Entry line is not a trigger, look for entry trigger on lower TF like 15M, 5M or 1M (combined) to find BOS and CHOC on these lower TF. You can also check my last GOLD trade how it works. Every line on my chart is TP line, you should always TP partially (not waiting with all positions till 2806). Wish you good luck. P.S. : I´m not a signal service, I´m sharing my own trades, knowledge and ideas to help beginners survive on the market. If you want to spend your money on signalist who are living from your money, please contact one of them, they will most likely comment this idea. If you want to support this idea, thank you in advance. If you want to learn, discuss, have more signals for free, you know what to do.
TVC:GOLDLong
by Rendon1
BTCUSD can fly to 107k (red the caption)Good morning, Traders! Hello everyone! BTCUSD Analysis: Long Opportunity in Accumulation Zone The Bitcoin market is in an accumulation zone, indicating a potential buying opportunity. Key Points: _Simple Moving Average (SMA):_ $101,398 _RSI:_ Oversold (below 25) _Lower Low Indicator:_ Suggests a trend reversal _Accumulation Zone:_ $98,500 _Support:_ $96,500 _Recommendation:_ Go LONG on BTCUSD Target Levels: _1st Target:_ $104,000 _2nd Target:_ $107,000 Trading Strategy: Consider going long on OANDA:BTCUSD , with a stop-loss to be determined based on individual risk management strategies. Please LIKE and COMMENT below if you find this analysis helpful! Your feedback is greatly appreciated! Have a great trading day! Hope my idea will be profitable for you 😄 Best wishes Tom 😎
OANDA:BTCUSDLong
by Tom_Trades_670
USOIL: Bull Run Continue Next Target: 77:00Disclaimer: This particular analysis is not a trading advice but a personal analysis for study purpose only. Greetings! What are your thoughts on USOIL let me know in the comment section. Current USOIL price: 74.50 After breaking the trendline of 71.50 market has been bullish. Currently market is working under the range of 78.00 and 73.50 market is trying to test the lower areas but it would jump up from 73.50 to 77.00 because of the devaluation of USD, Middle East Crisis and US shale production plateau which can disrupt the supply and drive the prices up. I think after hitting higher area of 80.00 market went in the phase of correction and now again its ready to join the bulls again. Supporting Areas: 73.50, 72.00 Resistance: 75.50, 77.00 Demand Zone: 77.00 Like, comment and support for latest updates on USOIL. Thanks for your support
TVC:USOILLong
by ATF_Trades_FX
1
XAUUSD M15 | Bearish Drop Based on the M15 chart, the price is approaching our sell entry level at 2,770.05, which aligns with an overlap resistance zone and the 50% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 2,749.14, near the recent swing low, a key support level where price may find buying interest. The stop loss is placed at 2,785.59, above the previous swing high, providing room for price fluctuations while ensuring the bearish setup remains valid. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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. Stratos Europe Ltd (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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. Stratos Trading Pty. Limited (fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com/au Stratos Global LLC (fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:XAUUSDShort
by FXCM
ADA/USDT | 1W🩸 CRYPTOCAP:ADA ⁀➷ #Cardano. Macro chart Another 💯 Intermediate Target - $1.4 🚩 Macro Target 1 - $2 🚩 Macro Target 2 - $3.3 🚩 Macro Target 3 - $5.3 - Not financial advice, trade with caution. #Crypto #Cardano #ADA #Investment #L1 ✅ Stay updated on market news and developments that may influence the price of Cardano. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
by Nyskohuz
Fantom (FTM) to print 18,000% move in 2025 to $150 ??** This is a year long forecast ** On the above 10 day chart price action has corrected 70% from the highs of early 2021. A number or reasons now exist for a bullish outlook. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. Higher highs higher lows confirm the end of the downtrend. 3) The bull flag. Have drawn this flag in a number of different ways to capture the last 3 years of price action. The red and blue arrows capture the optimum confluence. If you find a higher count, let me know in the comments below. 4) A 18000% move to $150 will print should the bull flag repeat the 1st impulsive wave. Look left, corrections of up to 80% should be expected along the way! 5) First resistance is at $3 as indicated by the inverse head and shoulders. Is it possible price action continues to correct? Sure. Is it probable? No. Ww Type: trade Risk: you deicide return: 18000% or 180x projected.
FLong
by without_worries
108
Nothing !!!If the head and shoulders pattern breaks, the price will fall to $1.97. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
5