Gold (XAU/USD) Breakout & Retest Trade Setup - Bullish Move!Gold (XAU/USD) has successfully broken out of the consolidation zone after a strong rally. The price action recently tested the previous resistance level, which is now acting as new support.
Trade Setup:
Entry: Price has retested the breakout zone and is showing signs of bullish momentum.
Support: The previous resistance area (now turned support) is holding well.
Stop Loss: Placed just below the support at $3,034.562 to manage risk.
Target: A potential upside move towards the $3,055 zone, which aligns with the next key resistance level.
This setup follows a breakout-retest continuation pattern, a classic technical strategy where price revisits a breakout level before resuming the trend. If bullish momentum continues, we can expect a move towards the projected target.
📌 Key Levels to Watch:
Support: $3,034.562
Resistance/Target: $3,055
Current Price: $3,039.925
💡 Risk-to-Reward Ratio: Favorable, as the stop loss is placed strategically below support.
⚠️ Disclaimer : This is not financial advice. Always manage your risk and use proper risk management techniques.
What are your thoughts on this setup? Will Gold push higher or face rejection? Let me know in the comments! 🚀💬
Chartpatterntrading
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! 💵🚀
Reversal Trade - Godfrey PhilipGodfrey Philip
This stock is forming good Weekly Tighter Close. Let's wait & check out how it behaves this week.
17 Feb Week Rejection is alarming.
No follow through to that rejection in last week. This week is defending last weekly low so far.
Highly Risky Trade, Rs.600, I am targeting 10% i.e. 24 Feb 25 Weekly High.
This is not a Buy Reco, Do your own Diligence. This is purely for educational purpose.
GBPAUD - Short Sell - 90 Percent Trade Chances Bearish Confluences:
1- HL broken, LL formation
2- Trend Line Broken
3- Support Level 2.04831 Broken
4- Divergence played on 4H time Frame
5- Formation of Bearish Wedge pattern
6- Sentiments of Sell are > 90 %
TRADE PLAN :
Entry can be made at current Market Price or wait for the Price to retest support level, Keep the STOP loss above HH and Take Profit (TP) levels are set to TP1 and TP2 as marked on the chart.
HAPPY TRADING GUYZ !
REGARDS,
PRO_TRADE_PROFESSOR
GOLD ROAD MAP 3000 TO WATERFALL ALERT!🔥 Attention Traders! 🔥
XAUUSD is on fire! 🔥 Here's the latest update:
🔻 Bearish Outlook: Watch out for a potential drop if price falls below 2979. Targets: 2940 & 2960.
🔺 Bullish Outlook: A breakout above 2989 could lead to buying opportunities! Watch for targets: 3000 & 3020.
📈 Stay Tuned: Share your thoughts and strategies as we navigate this golden market! Let's hit new highs! 💰🚀
NEWS MOVE ALERT PPI AND UNEMPLOYEEMENT CLAIM.🚨 Gold Trading Update 🚨
Hey Traders! 👋
Here's the current scenario: Gold is heading towards the 2950-2955 level. Expect a possible fake-out, followed by a sharp drop. 📉
🔍 Key Insight: There’s an FVG on the H1 chart, signaling a potential sell-off before we see another GOLD rally. 🚀
Today’s News: PPI report 📊 drops, so expect a significant market move! Gold might respect the FVG and target these levels for a potential buy:
👉 2970
👉 2980
👉 3000
⚠️ Tip: Follow my strategy and always use proper risk management with a 1:2 risk-to-reward ratio. 💡
Happy Trading! 💰📈
Fractality in Trading: the market’s hidden patternHave you ever noticed how price movements look similar across different timeframes? This is Fractality in Trading, a concept that suggests markets behave in repeating patterns regardless of scale.
In the chart above, we compare the 1-Day (left) vs. 1-Week (right) timeframe for NASDAQ 100 Futures. Despite the difference in time horizons, the price movements, corrections, and trend reversals mirror each other, following the same wave structures.
What Does This Mean for Traders?
✔️ Price Action Repeats Itself: Market cycles—uptrends, downtrends, and consolidations—occur in similar ways across different timeframes.
✔️ Multi-Timeframe Analysis (MTA): By analyzing a higher timeframe (1W), traders can identify key trends and use the lower timeframe (1D) for precision entries.
✔️ Scalability: Whether you are a swing trader, day trader, or long-term investor, the same patterns apply, making technical analysis universally effective.
Key Takeaway
Understanding fractality helps traders align their trades with the dominant trend, reducing false signals and improving trade confidence.
Do you use multi-timeframe analysis in your strategy? Let me know in the comments!
Double Bottom pattern: A bullish reversal signal The Double Bottom pattern is a classic reversal formation that signals a potential trend change from bearish to bullish. It occurs after a prolonged downtrend when price forms two distinct lows at a similar level, indicating strong support.
How to Identify:
✔️ Two Lows: Price touches the same support level twice, forming a "W" shape.
✔️ Resistance Breakout: The neckline (resistance level) marks the breakout zone.
✔️ Trend Reversal Confirmation: Once price breaks above resistance, momentum shifts bullish.
Interpretation:
In this chart, we see a clear bearish trend, followed by two attempts to break below the same support level.
After failing to break lower, buyers regained strength, pushing price above resistance, confirming the bullish reversal.
Once resistance turns into support, traders often enter long positions, targeting higher levels.
What’s Next?
A sustained breakout could fuel further upside momentum. However, watch for potential false breakouts and retracements back to support before continuation.
Gold (XAU/USD) 1H Chart Analysis – Key Levels & Trade Setups!Gold (XAU/USD) 1H Chart Analysis 🏆✨
1️⃣ Support & Resistance Zones 🚧
Resistance Zones (Purple areas):
🔹 Lower resistance ~ 2,920
🔹 Upper resistance ~ 2,960
Support Zone 🛡️ around 2,900
2️⃣ Possible Price Movements 📈📉
✅ Bullish Scenario: If price breaks above 2,920, it may surge towards 2,960 🚀💰
❌ Bearish Scenario: If price gets rejected at 2,920, a pullback to 2,900 is likely ⚠️📉
3️⃣ Trend Analysis 📊
🔥 The price is in an uptrend after bouncing from 2,880
🔍 Watch the 2,920 level—break or rejection will decide the next big move!
💡 Trading Plan:
Bullish: Wait for a breakout 🔼 above 2,920, then target 2,960 🎯
Bearish: Short if price rejects 2,920, aiming for 2,900 📉
GOLD VIEW 1H READ THE CHAPTIAN Hello 👋 gold Traders
technical analysis of Gold (XAU/USD) on a 1-hour timeframe. Here’s a breakdown of the key elements:
1. Fair Value Gap (FVG Level): The purple zone represents an area of inefficiency where price may return to fill before continuing its trend.
2. Change of Character (CHOCH): Indicates a potential shift in market structure, suggesting bullish momentum.
3. Double Top (Red Arrows): Price was rejected twice at the same level, indicating possible resistance.
4. Moving Averages:
200 EMA (Blue Line at 2,901.507): Long-term trend indicator.
30 EMA (Red Line at 2,911.101): Short-term trend indicator.
5. Price Action Forecast:
Price is expected to retrace into the FVG level before continuing upwards toward the target point at 2,961.779.
This suggests a bullish outlook as long as price respects the FVG level as support. Would you like a more detailed breakdown
Don't forget boost 🚀 and follow don't miss more good idea 💡
Breakout in Organogenesis Holdings Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Breakout in ADT Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Mastering Elliott wave theory: Understanding market cyclesElliott Wave Theory is a powerful tool for predicting market movements by analyzing repetitive price patterns driven by investor psychology. The theory divides market trends into five impulsive waves (1-5) and three corrective waves (A-B-C). Let's break it down:
🔹 Impulse Waves (1-5)
Wave 1: The start of the trend, usually fueled by early investors.
Wave 2: A corrective pullback as traders take profit.
Wave 3: The strongest wave, fueled by momentum and broad market participation.
Wave 4: Another pullback, but shallower than Wave 2.
Wave 5: The final move up, often driven by FOMO before a correction begins.
🔻 Corrective Waves (A-B-C)
Wave A: The first decline as early traders exit positions.
Wave B: A short-lived recovery as some traders think the trend will continue.
Wave C: The final bearish wave, often deeper than Wave A, marking the end of the correction.
Three Key Principles of Elliott Wave Theory
✔️ Wave 3 is never the shortest impulse wave.
✔️ Wave 2 never retraces past the start of Wave 1.
✔️ Wave 4 never overlaps with Wave 1.
How to Use It?
Traders use Elliott Waves to identify entry and exit points, confirming trends with indicators like Fibonacci retracements and RSI.
ARKM | CHART PATTERNS | BUY the BOTTOMARKM is a fairly new altcoin that's been on my TOP alt list for some time.
The bearish M chart pattern is a pattern that signifies a large correction, especially in the macro timeframe such as the weekly. By looking at the chart, e can see the correction is nearly over since it has almost retraced ack to opening levels - almost .
Opening levels have in fact not yet been retested, and this may be a great place to stack up / re-accumulate if you're a believer.
Another ALT that's seems to be approaching a bottom is AVAX:
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BINANCE:ARKMUSDT
GBP/USD - Fair Value Gap (FVG) Short SetupOverview:
A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies.
Key Technical Insights:
🔹 Fair Value Gap (FVG) Zones:
The price is approaching an FVG entry zone around 1.2700, which may act as resistance.
A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts.
🔹 Bearish Trade Setup:
The plan anticipates a reaction at the first FVG zone, leading to a downside move.
If price continues higher, the second FVG zone provides another opportunity to enter shorts.
🔹 Stop Loss & Target:
Stop Loss: Placed above 1.2928 to protect against invalidation.
Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling.
Trade Plan:
📌 Entry Strategy:
Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone.
If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900.
📌 Exit Strategy:
Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade.
Stop Loss: Above 1.2928 to mitigate risk.
Final Thoughts:
✅ Bearish bias unless price breaks above 1.2928.
✅ Look for rejection at FVG zones for ideal entries.
✅ Potential downside move towards 1.2350 target.
📉 Patience is key—wait for confirmation before entering! 🚀
Breakout in Innodata Inc...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
The SECRET to BULLISH CHART PATTERNS | EducationBullish chart patterns play out towards the upside... atleast most of the time.
In some cases, a bullish pattern forms - seemingly strong- but ends up going the complete opposite direction. There is a way to navigate this very frustrating outcome - by waiting for confirmation.
Through waiting a little longer, you will surely reduce the profits - but this greatly reduces the risk of playing a "failed" pattern.
Keep a close eye on this bullish chart pattern forming on SUI:
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#NH , 1D and 1W Bullish Pattern
Looks Very Good in Weekly And Daily Time Frame , It is Ready for Breakout from Pattern .
It has Repeated the same pattern in Past so High chances to go up .
if u find this Chart Helpful pls like and Follow for More like this charts .
I am A Swing Trader , Trade only Price Action Patterns .
Maruti : Make or Break?Technical view
Box trading strategy in which you identify or stop consolidating for a couple of days and trading the direction of the breakout in this case Maruti Suzuki india limited is consolidating for past 3 days.
What is the strategy why does this work?
When a stock price moves sideways, it usually happens for two main reasons: either people are losing interest in the stock, or there's a lot of activity but the number of buyers and sellers is balanced.
Now, imagine a group of traders who are watching this stock. They have set their stop-loss orders close to where they bought the stock. This means if the price moves too far against them, they'll automatically sell to limit their losses.
When the stock finally breaks out of this sideways pattern, something interesting happens. New buyers or sellers jump in, excited about the movement. At the same time, those traders who were holding onto their positions start to sell because their stop-loss orders are triggered.
This combination of new traders entering the market and existing traders exiting their positions creates a surge in momentum in the direction of the breakout. So, if the price breaks upward, it can rise quickly as both new buyers come in and former holders sell out, pushing the price even higher.
Pro Tip
Entry at 15m tf Strong Candle Close (Outside the Box)
StopLoss is at Entry Candle high or Low (Not more than (0.8%)
Targets :- 12,887.50 (Upside) 12,411.25 (Downside)
Fundamental View
Profit: Maruti Suzuki India Ltd reported a consolidated net profit of ₹3,727 crore for Q3 FY25, a 16% YOY increase. However, another source indicates a standalone net profit of ₹3,525 crore, up 13% YOY, but below market expectations of ₹3,624 crore.
Revenue: The company reported revenue of ₹38,764 crore, a 16% YOY increase.
Sales Volume: Total sales were 566,213 units, up 13% from last year3. Domestic sales were 466,993 units (up 8.7%), and exports were 99,220 units, a significant increase of 38.2%.
EBITDA: Operating profit (EBITDA) increased by 14.4% YOY.
Not an Investment Advise
SUI | ALTS | BULLISH Chart Pattern?A bullish chart pattern is forming on SUI in the daily chart.
It should be noted that this patter is still premature - meaning that it's not yet completed and there is not yet the confirmation that we need to act on it:
Don't miss the most recent update on XRP here:
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COINBASE:SUIUSD
GOLD - at support? holds or not??#GOLD. market just near to his current supporting region that is around 2909-10 to 2914-15
that region is most important for now and if market hold it in that only case we can see bounce again. otherwise not,.
Note: 2908-09 is the final area for now and we will go for cut n reverse below that.
good luck
trade wisely