ABOUT XAUUSDMy option about gold Is more bearish so that zone is good and strong restanice if the price comes to that zone it can pullback
Double Top or Bottom
DXY – Break or Bounce? Key Levels to WatchTVC:DXY
The DXY has broken below the 106.96 support, establishing a new fractal at 106.14 while testing the major April 2024 fractal resistance forged at 106.51. This price action leaves the dollar in a critical decision zone, with two main scenarios in play:
1️⃣ Bullish Scenario: If the dollar holds above the newly formed support and reclaims the daily fractal resistance at 107.38, it could trigger a recovery attempt, potentially leading to a retest of previous highs and the weekly fractal resistance.
2️⃣ Bearish Scenario: A failure to hold current levels could push the DXY below the emerging triangle structure, targeting the weekly fractal support at 105.42. A break below this level increases the probability of reaching the 200% Fibonacci extension at 104.59, where a bullish Crab pattern is projected in convergence —a critical area for potential trend reversals.
🔍 Key Technical Factors:
📌 Consolidation Triangle: DXY is stuck below the double top neckline but above the most recent fractal support forged at 106.14.
📌 Fibonacci Levels : The dollar is currently trading at the 38.2% Fibonacci retracement (106.35) , with projected harmonic patterns aligning near the next 50% retracement level.
📌 Liquidity & Stop Hunts: Multiple bullish harmonic patterns emerging just below the weekly fractal support indicate possible stop-hunting activity against short positions.
💡 Key Levels to Watch:
📈 Resistance Levels:
Weekly – 110.17
Daily – 107.38
4H – 106.65
Monthly – 106.51
📉 Support Levels:
4H – 106.17
Daily – 106.14
Weekly – 105.42
Monthly – 100.15
⚠️ Final Thoughts: DXY is at a crucial inflection point. A breakout above 107.38 could fuel a bullish move, while a breakdown below 105.42 may accelerate a bearish extension towards 104.59-104.78.
Until the price confirms direction, it is advisable to remain neutral and wait for a clear signal before committing to a directional bias.
Happy Trading,
André Cardoso
💡 Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
Hikma Pharma Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Hikma Pharma Stock Quote
- Double Formation
* (Continuation Argument)) | Completed Survey
* Pattern Confirmation | Entry Feature & Long Support | Subdivision 1
- Triple Formation
* 1.618 & 0.618 Retracement Area | Long Support | Subdivision 2
* (Neutral Area)) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Uptrend Argument))
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
CRUDE OIL : Bearish due to Double Top formation
DOUBLE TOP PATTERN -
Crude oil has recently formed a double top pattern on daily chart and has broken down from it indicating bearish momentum for the commodity
SUPPORT-RESISTANCE ZONE BREAKDOWN -
crude oil has recently broken down from a strong support-resistance zone with strong red candlestick indicating strong bearish confirmation
PROFIT TARGET -
level is at 68.16
$HPE – Potential Double Top Reversal in Play?NYSE:HPE
The stock is testing critical support at $20.55 , which serves as the neckline of a potential double top reversal pattern . The stock remains in a broader uptrend since March 2020, but the current price action is showing increasing downside pressure, putting this key level at risk.
🔹 Bearish Scenario – Breakdown in Focus:
A clear break below $20.55 could confirm the double top pattern, opening the door for a move toward $16.78, where the long-term ascending trendline from March 2020 aligns. This would represent a -18% decline and signal a potential shift in market structure.
🔹 Bullish Outlook:
As long as NYSE:HPE holds above $20.55, the uptrend remains valid. A bounce from this level could see price retesting resistances at $21.98, $24.24, and $24.66.
🔹 Resistance and Support Levels:
📉 Support: $20.55 (neckline), $20.34 (most recent fractal support), $15.77
📈 Resistance: $21.98, $24.24, $24.66
Happy Trading,
André Cardoso
💡 Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
BTCUSD has formed a double top patternOn the daily chart, BTCUSD formed a head and shoulders top pattern, and the short-term bearish pattern is dominant. At present, attention can be paid to the resistance in the 91000-92500 area. If the rebound is blocked, short selling can be considered, and the downside target is around 73600.
NZDCHF: Another Liquidity Sweep Trade?! 🇳🇿🇨🇭
I see almost perfect liquidity grab on NZDCHF
after a test of a key daily demand zone.
Probabilities will be high that the price will at least pullback
from the underlined area to 0.5121 level.
❤️Please, support my work with like, thank you!❤️
Continue to short gold after the reboundGold's decline yesterday found support around the 2888 level before staging a rebound, and it has now recovered to the 2925 area. Although the bulls have begun their counterattack, their momentum appears significantly weaker compared to previous recoveries, indicating a growing lack of confidence among bullish participants.
Yesterday’s downward breakout from a period of sideways consolidation pushed gold through multiple key support levels and decisively breached the 2900 mark. This demonstrated strengthening bearish momentum, driven by profit-taking from earlier positions and an influx of panic-driven selling. Despite the current rebound, it’s likely just a technical correction following the sharp drop, providing more opportunities to short gold.
As gold’s price action shifts lower, the 2925-2935 zone now stands out as a prominent short-term resistance area. For short-term trades, we can use this zone as a key level to initiate fresh short positions. Gold is likely to retest the 2890 support area, and a decisive break below this level could open the path for further declines toward the 2870-2860 region.
Bros, profits are the ultimate goal in trading. Accumulating profits is what changes lives and destinies. Choosing wisely is far more important than just working hard. If you want to replicate trade signals and earn stable profits, or if you want to deeply learn the correct trading logic and techniques, you can consider joining the channel at the bottom of this article!
XAUUSD bearish biasDouble top form
Price breakout of the major support
Possible further drop is expected
BIDU: MAs coiling tightly + Double bottomI really like BIDU stock here, so I entered more than my usual size.
What I like about this setup
- MAs coiling super tightly across all timeframes. 10, 20, 50, 100, 200. Tight MAs represent volatility contraction and this often leads to volatility expansion, i.e. large price movements. All the MAs are now within 5% range. When the MAs crossover, its like this combo nuclear reaction igniting one another, propelling the stock upwards. And its possible you get a sustained one.
- 10 and 20 MA are already above 50MA. short term, we are up. And now I'm waiting for the next nuclear reaction to happen.
- We have attempted to break above this 94.5 key resistance for many times now. If we do, easily 113 as price target.
- Double bottom formation. Yes, its not a double bottom yet since it hasn't break above the neckline. But that false breakdown earlier gave me extra confidence that we have bottomed.
- Fibo retracement at 50% line now. Good support. (did not draw it in, else it becomes cluttered)
- Tailwind from China internet sector.
When will I stop loss
- Break below previous low at 96.8 and stay below 50MA for 5 days.
Others
- I note that Im front-running this a little. If it goes to 92.5 above the flag, and 200sma, it would be better confirmation. But I entered with options, so I wanted a better price before the pump actually happens.
BTC Potential Drop to $72K: 3 Signs Indicating a Trend BreatherBitcoin has been on an incredible run, but I believe we may be heading for a pullback toward $72K. There are three key signs that suggest a breather is due:
Double Top Formation – We've seen a clear double top pattern forming, signaling a potential reversal.
RSI Divergence – The RSI is showing divergence from price action, often a sign that the momentum is weakening.
Overbought Conditions – Bitcoin has been in overbought territory for a while now, suggesting that a correction could be on the horizon.
Keep an eye on these factors as they could play a big role in where BTC goes next. Stay cautious and be prepared for potential volatility.
I hope you find it helpful!
Take care and keep it shiny.
Kina ♥
$BTCUSD Expansion or Reversal? Key Levels to WatchBITSTAMP:BTCUSD
Overview
We explore the key resistance and support levels, potential pattern formations, and what we should monitor in the coming sessions.
Bitcoin appears to be forming an expanding triangle within the broader range of its weekly fractals. Additionally, there is the potential emergence of a double top reversal pattern . This pattern has a critical support level at $89,164, which acts as a neckline. A breakdown below this support could threaten the weekly fractal support positioned at $91,530. If the breakdown confirms , Bitcoin may experience a significant decline, targeting the previously broken monthly fractal resistance at $73,794 , representing a potential 17% drop . This level coincides with the 200% Fibonacci extension, often seen as a default target for a double top reversal.
Despite the downside risks, a corrective move lower may provide a bullish setup. A key support level at $76,368 aligns with the 161.8% Fibonacci extension of the last bullish swing. A potential Bullish Deep Crab Pattern could form around this level, indicating a possible reversal. If Bitcoin reaches this zone, traders should monitor price reactions for signs of recovery.
Will Bitcoin break higher, or is a deeper correction on the horizon? Stay tuned for further updates!
Key Takeaways
Weekly Fractal Resistance: $109,359
Weekly Fractal Support: $91,530
Daily Fractal Resistance: $98,871 (rejecting 38.2% Fibonacci retracement at $98,314)
Daily Support: $93,340 (above weekly fractal support)
Critical Support Level: $89,164 (neckline for a potential double top)
Downside Target: $73,794 (previous monthly fractal resistance, aligning with 200% Fibonacci extension)
Bullish Reversal Zone: $76,368 (161.8% Fibonacci extension, potential Bullish Deep Crab Pattern)
It is important to remain neutral regarding bias unless the price confirms the pattern with a breakdown below the neckline. Until that happens, the market structure remains open to different scenarios, and traders should focus on confirmation signals rather than assumptions.
Happy Trading,
André Cardoso
Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
Microchip Tech. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Microchip Tech. Stock Quote | Chart & Forecast Summary
- Double Formation
* A+ Set Up)) At 99.00 USD | Subdivision 1
* ((No Trade)) & Bottom Structure | Invalid Pattern Confirmation
- Triple Formation
* (Continuation Argument)) | Retracement Area | Subdivision 2
* Numbered Retracement | Downtrend Set Up | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Neutral Area)) At 53.00 USD
* Ongoing Entry & Channel Structure Feature
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Dollar Index (DXY): Pullback From Resistance
I think we may see a local bearish continuation after a test
of a key daily/intraday resistance.
A local Change of Character on an hourly clearly shows the strength of the sellers.
The index may retrace at least to 106.53
❤️Please, support my work with like, thank you!❤️
Need Bear's Help to Push BTC HigherOnce this breaks below the double top neckline, bears will be pushing this down, below the neckline EVERYONE has been talking about, but the true test will be when it retests the neckline, as resistance. If it fails, then this double top has an 18% drop ahead, but nothing would be better than ripping it higher as bears become net buyers in a short squeeze that may finally help us break out above top of range, or at least tag it!
BTC BEARISH TOP TARGETSDouble top targeting 68k or a diamond top targeting 72.5k. Double top would be in play after breaking 89k. Diamond top has already broken structure at 93.5k.
The Kroger Co. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# The Kroger Co. Stock Quote
- Double Formation
* (Entry Bias Hypothesis)) | Completed Survey | Subdivision 1
* 1st Retracement | 1 Area & Entry Bias
- Triple Formation
* ABC Flat Feature | Support & Resistance Area | Subdivision 2
* 2nd Retracement Configuration | 0.618 Area | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias))
* (Neutral Area)) At 73.00 USD
* Ongoing Entry & Channel Mark Up
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
$NASDAQ:AISP breaking resistance for a 35%++ upsideNASDAQ:AISP broke it's double bottom pattern resistance with some upside potential.
Entry Point: At the current price OR (as I suspect there will be a retest of the $6 resistance) somewhere around $6
Price Target: $8.14 - 35% from the $6 resistance.
LONG ON USOILOil is currently rising from a major demand zone.
It has broken out of a nice double/triple bottom and a downtrend line.
I expect price to tap into the demand zone as a pullback from its recent break of a high and then continue to rise.
I am buying oil and expecting it to rise to the next supply level for just about 200 pips or a $2 move on.
EURUSD DUMP Easily anticipating a lock for high of week. If not, I will cove to .055
Rapid 1.2.3 (i) (ii) (iii) on Monday's open running straight to previous week highs before bearish ChoCh, BOS and change in market structure.
LO premarket move anticipating to control risk with SL to BE targeting equilibrium or 50% retracement to open the week
***Unfortunately price is currently trading above VWAP. A strong high volume move across is required to validate the move***
-YungEmsi
CHFJPY: Pullback From Support 🇨🇭🇯🇵
CHFJPY looks bullish after a test of a key horizontal support.
As a confirmation, I identified a double bottom pattern
on an hourly.
Its neckline was violated with the market opening today.
I believe that the pair will continue rising at least to 167.0 level.
❤️Please, support my work with like, thank you!❤️
GBP/NZD - 1H Analysis & Prediction📉 GBP/NZD - 1H Analysis & Prediction
🔹 Key Market Structure & Levels:
✅ Choch (Change of Character) & BOS (Break of Structure) confirm bearish sentiment.
✅ Fair Value Gap (FVG) in the supply zone indicates potential rejection.
✅ Demand Zones:
2.18352 - 2.18687 (Potential reaction area)
2.16800 - 2.17231 (Stronger demand zone)
📌 Scenarios to Watch:
1️⃣ Bearish Move Before Reversal:
Price might reject from the FVG zone and drop towards the 2.18352 - 2.18687 zone.
If it breaks below, expect further downside to 2.16800 - 2.17231 before a potential bullish move.
2️⃣ Bullish Move to 2.21504:
If price reacts from the demand zone, it may push towards 2.21504, a key liquidity target.
Watch for a bullish confirmation after tapping the demand zone.
💡 Trading Plan:
✅ Look for short entries around the FVG zone.
✅ Monitor bullish price action at 2.18352 - 2.18687 for potential long positions.
✅ If price sweeps 2.16800 - 2.17231, expect a strong reversal to the upside.
#FXFOREVER #GBPNZD #SmartMoney #LiquidityHunt #ForexTrading #PriceAction
