USD/ JPY) bullish trend analysis Read The ChaptianSMC trading point update
Technical analysis of 4-hour for USD/JPY (U.S. Dollar vs Japanese Yen). Here's the breakdown of the idea
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1. Bullish Structure
The market is moving within a rising channel, indicating a bullish trend.
Higher highs and higher lows support the uptrend.
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2. Key Zones
Support Zone (Demand Area): Around the 144.500–145.000 level, price has reacted positively here multiple times — it's marked as a strong support level.
Resistance Zone: Around 148.000 — this level is marked as an obstacle before reaching the final target point.
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3. Indicators & Confluence
EMA 200: Price is currently testing just above/below the EMA 200 — a key dynamic support/resistance level.
RSI: Showing a bullish divergence or a potential recovery from oversold zone (both RSI lines are turning upward).
MACD-style Oscillator (Custom): Showing signs of a bullish crossover, confirming upward momentum.
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4. Projection & Target
The expected move is a bounce from support, followed by:
A retest of resistance around 148.
A continuation to the target zone at 150.864 — marked as the final target point.
The potential move is approximately +592 pips (4.19%).
Mr SMC Trading point
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Conclusion
This is a bullish continuation setup, expecting price to maintain above the support zone and ride the trendline and channel toward 150.864. The confluence of RSI, structure, and EMA adds strength to the idea.
Pales support boost 🚀 analysis follow)
Foryou
EUR/USD) breakout trand line analysis Read The ChaptianSMC trading point update
Technical analysis 1-hour EUR/USD (Euro vs US Dollar) chart using Smart Money Concepts (SMC) and technical confluence. Here's the idea behind the analysis:
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1. Bearish Rejection Setup
Strong resistance zone around 1.12176–1.12500 has been tested multiple times and held.
Bearish rejection is shown with a black circle indicating a breakdown from previous support turned resistance (support flip).
Price failed to stay above the key structure, indicating bearish intent.
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2. Break of Structure
The support level near 1.11600 has been broken, marked by the black circle.
This is a clear change in structure, implying a likely shift from bullish to bearish.
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3. Price Action Forecast
The chart expects a minor pullback (retest) into the broken support zone (now resistance).
Followed by a continuation move to the downside, targeting the support level at 1.10668.
Projection shows a ~100 pip drop from current levels.
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4. EMA & RSI
EMA 200 is trending downward and acting as dynamic resistance.
RSI (14) is under 50 and sloping down, suggesting bearish momentum is building.
Mr SMC Trading point
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Conclusion
This is a bearish continuation setup based on structure break, failed bullish momentum, and confirmation via indicators. The analyst expects EUR/USD to reject the 1.116 area again and drop toward the 1.10668 target.
Pelas support boost 🚀 analysis follow)
BTC/USD) Make some trand analysis Read The ChaptianSMC trading point update
Technical analysis of Bitcoin (BTC) against USDT on a 4-hour timeframe using key price action concepts. Here's a breakdown of the idea conveyed:
Key Elements in the Chart:
1. Support and Resistance Zones:
Support Level (Yellow Boxes): Indicate areas where buying interest is strong enough to prevent the price from falling further.
Resistance Level: Zones where selling interest is strong enough to halt upward price movement.
These zones have been respected multiple times and serve as potential trade entry or exit points.
2. Breakout Strategy:
The chart highlights breakout points (black circles) above resistance zones, signaling strong bullish momentum.
After breaking resistance, price typically retests the zone as new support before moving higher—this is a classic breakout and retest structure.
3. Target Projection:
The vertical lines represent measured move projections, likely using the height of the prior consolidation range to estimate the next move.
The target point is marked around $112,559.59, indicating a bullish target following the breakout.
4. 200 EMA (Exponential Moving Average):
The 200 EMA at $96,827.38 acts as dynamic support, showing the overall bullish trend is intact.
5. RSI (Relative Strength Index):
RSI values (54.97 and 52.87) suggest neither overbought nor oversold conditions, implying room for further upside.
Mr SMC Trading point
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Conclusion:
The analysis suggests a bullish continuation setup:
BTC has broken out from a consolidation range.
Retesting previous resistance as support.
The bullish target is $112,559.59 based on the breakout projection.
The trend remains bullish as long as price stays above the support zone and 200 EMA.
Pales support boost 🚀 analysis follow)
USD/JPY) support level back up Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY on the 4-hour timeframe suggests a bullish setup with the following key insights:
Analysis Overview:
1. Current Price: 147.492
2. Support Zone: Around 145.263 to 146.000
Marked as "Support Level / FVG" (Fair Value Gap), this is the potential demand zone where the price may retrace before bouncing.
3. Trendline: An ascending trendline is supporting the bullish structure.
4. EMA 200: Price is trading above the 200 EMA (145.263), which is generally a bullish signal.
5. RSI Indicator:
RSI is near overbought levels (currently at 63.46 and 70.56), suggesting strong bullish momentum but a potential pullback.
6. Target Zone: 151.360
Highlighted as the "Target Point" – this is the resistance area where price might face selling pressure.
Mr SMC Trading point
Trade Idea:
Entry: Buy on retracement into the support zone (around 145.5–146.0).
Stop Loss: Below the support zone or EMA (around 144.800 or as per risk tolerance).
Take Profit: Near the target zone around 151.360.
Risk-to-Reward: Favorable, approximately 1:2.5 to 1:3 depending on the entry.
Conclusion:
The idea is based on price respecting support, fair value gap (FVG), bullish structure, and a target based on recent price projections. If the price respects the support and bullish trendline, the bullish continuation towards 151.360 is a valid expectation.
Pales support boost 🚀 analysis follow)
XAU/USD) back up Trand analysis Read The ChaptianSMC Trading point update
Technical analysis for XAU/USD (Gold vs. US Dollar) on the 4-hour timeframe suggests a bullish reversal setup from a key support zone. Here's a breakdown of the idea:
Key Observations:
1. Support Zone (Yellow Box at ~3,100–3,140):
The price recently touched a significant support area marked by multiple previous bounces (green arrows).
The latest green arrow shows a bullish reaction from this zone, indicating potential for an upward move.
2. Resistance Zone (~3,220–3,250):
This intermediate zone is expected to be the first area of interest for bulls.
The analysis suggests a brief pullback or consolidation before continuation.
3. Target Point (~3,375):
The chart outlines a projected move to around 3,375, aligning with a previous supply zone and the upper channel line.
This is likely the main target for a swing trade.
4. EMA 200 (Blue Line - ~3,221):
Price is hovering around the 200 EMA, acting as a dynamic resistance.
A breakout above this would add bullish confirmation.
5. RSI Indicator (~41):
RSI is recovering from an oversold region (~38), indicating potential momentum building for a reversal.
Mr SMC Trading point
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Conclusion:
This is a bullish reversal setup with:
Entry zone: Around 3,120–3,140
Short-term resistance: ~3,220–3,250
Final target: ~3,375
Invalidation: A clear break and close below the yellow support box (~3,100)
Pales support boost 🚀 analysis follow)
XAU/USD) bullish trend analysis Read The ChaptianSMC trading point update
Technical analysis of XAU/USD (Gold Spot price against USD) on a 1-hour timeframe, featuring a Smart Money Concept (SMC) approach. Here's a breakdown of the key ideas presented:
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1. Downtrend & Trendline Break
The chart initially shows a downtrend with two red arrows marking lower highs.
A trendline is broken, indicating a potential shift in market structure.
CHOCH (Change of Character) is labeled — a key SMC concept signaling a reversal from bearish to bullish structure.
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2. Orderblock & FVG (Fair Value Gap)
A bullish orderblock is highlighted, indicating an area where institutional buying may have occurred.
A Fair Value Gap (FVG) is shown, which often acts as a magnet for price to fill inefficiencies before continuing in the intended direction.
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3. Resistance & Target Zones
A resistance level is marked near 3248–3250, which price may revisit and possibly break.
Two target points are identified:
First target: ~3344
Final target: ~3433
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4. EMA 200
The EMA 200 is acting as dynamic resistance; a break above it adds confluence to the bullish bias.
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5. Expected Move
The analysis anticipates:
1. A pullback into the FVG or orderblock.
2. A bullish continuation after mitigating those zones.
3. Price aiming for the resistance and eventually the upper targets.
Mr SMC Trading point
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Conclusion
This is a bullish outlook based on a structural break (CHOCH), institutional demand (orderblock), and gap-filling logic (FVG). The price is expected to pull back slightly and then rally toward the 3344 and 3433 levels if it holds the orderblock zone.
Pales support boost 🚀 analysis follow)
XAU/USD) bearish trand analysis Read The ChaptianSMC Trading point update
Technical analysis of XAU/USD (Gold vs. USD) on the 4-hour timeframe suggests a bearish outlook. Here's a breakdown of the key elements:
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Key Levels:
1. Resistance Zone (Upper Yellow Block):
Around 3,450–3,500.
Price was previously rejected from this level, forming a double-top like structure.
2. Rejection Point (Mid-Level Zone):
Near 3,300–3,310.
Price repeatedly failed to break and hold above this zone, indicating strong selling pressure.
3. Support Zone / Demand Block (Lower Yellow Block):
Around 3,100–3,125.
This is the target area, labeled clearly as TARGET POINT: 3,116.501.
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Indicators:
200 EMA:
Currently above the price, suggesting downward momentum.
Acting as a dynamic resistance.
RSI (14):
Around 39, slightly above oversold territory (30).
Indicates bearish pressure but not yet oversold — room for further downside.
The chart suggests that if price breaks below the mid-level support, we could expect a move towards the support block around 3,116.
The bearish wave projection drawn in the chart confirms the trader’s expectation of a drop.
The setup appears to be a break-and-retest of the mid-zone, followed by continuation downward.
Mr SMC Trading point
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Trading Idea Summary:
Bias: Bearish
Entry Trigger: Break below ~3,225–3,230 with confirmation
Target: ~3,116
Invalidation/Stop: Close above 3,300–3,310 (rejection zone)
Pales support boost 🚀 analysis follow)
AUD)USD) resistance level back down Read The ChaptianSMC Trading point update
Technical analysis for the AUD/USD pair on the 1-hour timeframe. Here's a breakdown of the idea presented:
Key Elements:
1. Resistance Level (0.65000 - 0.65200 area):
Price is approaching this strong resistance zone.
RSI is in the overbought zone (above 70), indicating potential reversal or correction.
2. Expected Price Action:
The chart suggests that price may spike into the resistance area (possibly a liquidity grab).
After hitting resistance, a drop is expected toward the FVG (Fair Value Gap) zone.
3. FVG and Target Zone (~0.64059):
There’s a highlighted Fair Value Gap that may attract price for mitigation.
Target point is near the EMA200 level and inside a previous structure zone.
This area also aligns with the RSI cooling off.
4. Support Level (~0.63600):
Marked as a stronger support area, though the current trade setup doesn't expect price to reach there soon.
5. EMA200 (blue line around 0.64202):
Acts as dynamic support.
Target is slightly below this EMA, potentially a liquidity sweep before a bounce.
Mr SMC Trading point
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Summary of the Idea:
Bearish bias after a resistance rejection.
Look for short opportunities around the resistance zone (0.6500 area).
Target near 0.6405–0.6420 (FVG + EMA200).
Overbought RSI supports this pullback expectation.
Pelas support boost 🚀 analysis follow)
USD Index (DXY) Short Setup: Reversal Expected from Resistance Z1. Entry Point: ~102.430
The price is currently below this level at 101.583, suggesting a potential short setup once the entry level is reached or confirmed.
2. Stop Loss: ~103.196
This is the price level where losses are limited if the trade moves against the intended direction. It's placed above a strong resistance zone.
3. Resistance Point: ~100.580
This was a previous resistance level which has now been broken, indicating a bullish push. The current price is above this, which may signal a breakout.
4. EA Target Point: ~97.857
The take-profit level, significantly lower, indicating a bearish target. This suggests a short position is intended from the entry point.
Indicators and Signals
The chart uses moving averages (likely 50 EMA and 200 EMA), and the price has surged above them, often a bullish signal.
However, the analysis seems to anticipate a reversal from the 102.430 level, expecting a drop back down toward 97.857.
The move from the current price to the target would be a 4.40% decline, a significant move for an index.
Trade Plan Summary
Trade Type: Likely a short/sell from the 102.430 level.
Risk: ~0.77 (103.196 - 102.430)
Reward: ~4.57 (102.430 - 97.857)
Risk-to-Reward Ratio: Approx. 1:6, which is favorable if the setup works out.
XAU/USD) Bullish trand line analysis Read The ChaptianSMC Trading point update
Technical analysis of Gold Spot (XAUUSD) on the 4-hour timeframe, featuring key support and resistance levels, price action projections, and RSI for momentum evaluation. Here's a breakdown of the idea:
Key Points in the Analysis:
1. Support & Resistance Zones:
Big Support / Buying Zone: Around 3,222 – 3,240. This zone has seen previous bullish reversals and is supported by the 200 EMA.
Intermediate Support Level: Around 3,270–3,290, where price might bounce before attempting a breakout.
Key Resistance Level: Around 3,350–3,365. Price must break this area to move toward higher targets.
2. Price Action Projections:
The analysis shows two bullish potential scenarios:
Scenario 1: Price breaks above the resistance level directly and moves toward the target point at 3,535.83.
Scenario 2: A retracement to the lower support or even the big buying zone before a bullish rally to the same target.
3. RSI (Relative Strength Index):
Currently near the neutral zone (around 49), suggesting there's room for movement in either direction.
No extreme overbought/oversold signals right now.
4. EMA (200):
The price is currently hovering above the 200 EMA (3,222.01), which acts as a long-term support and trend indicator.
Mr SMC Trading point
Summary of the Trading Idea:
Bias: Bullish
Entry Zones: Look for long entries at either the support level (3,270–3,290) or lower buying zone (around 3,222).
Target: 3,435.05 initially, then 3,535.83.
Invalidation: A clear breakdown below the 3,222 support level could invalidate the bullish bias.
Pelas support boost 🚀 analysis follow)
USD/JPY) Bullish reversal analysis Read The ChaptianSMC Trading point update
Technical Analysis USD/JPY suggests a bullish outlook based on the following key technical components:
1. Buying Zone: The chart identifies a green rectangular area labeled "BUYING ZONE" just above the 200 EMA (blue line at 144.079). This implies that price retracement into this zone could be an opportunity to go long (buy).
2. Support & Resistance:
Support Level: Clearly marked around 143.00, showing a previous demand area.
Resistance Level: Around the 145.800–146.000 region, price previously rejected here.
3. Bullish Pattern: The curved arrow suggests the formation of a bullish continuation pattern (possibly a cup & handle or flag), with the expectation of a breakout toward the upside.
4. Target Point: The target is projected at 148.153, implying a potential move of approximately 291.7 pips from the buying zone—suggesting a favorable risk-reward ratio.
5. RSI Indicator: The RSI (Relative Strength Index) is currently around 55, not in the overbought zone, indicating more room for upside movement.
Mr SMC Trading point
Summary of Idea:
Strategy: Buy near 145.00–145.20 (Buying Zone).
Stop Loss: Just below the 200 EMA or the lower bound of the green zone.
Take Profit: Near the 148.153 target.
Confirmation: Wait for bullish confirmation/candlestick reversal in the buying zone.
Pelas support boost 🚀 analysis follow)
Bullish Reversal Forming at Key Support Zone – Targeting 3,450Instrument: Unspecified (likely XAU/USD or an index, judging by the price range)
Current Price: ~3,250.100
Indicators Used:
EMA 50 (Red): 3,284.255
EMA 200 (Blue): 3,287.152
🟣 Key Zones:
Support Zone: Around 3,200 – a strong demand zone where price previously bounced.
Target Zone: Around 3,450 – the last major resistance and recent high.
📉 Current Price Action:
Price recently tested the support zone and is forming a potential double bottom pattern.
EMAs are above the price, indicating a short-term bearish trend, but the price holding support may suggest a possible reversal.
A bullish trajectory is drawn, projecting a potential rise toward the target zone at 3,450.
📈 Potential Trade Idea (Hypothetical):
Entry: Near current price or on pullback to the small support box (~3,240)
Stop-loss: Below the major support (~3,190)
Take-profit: Around 3,450
⚠️ Key Considerations:
Price needs to break above the EMAs to confirm momentum shift.
Watch for confirmation with bullish candlesticks or volume spike.
Failure to hold the 3,200 support could invalidate this setup.
(XAU/USD) Bearish Trade Setup – Targeting $3,222 with 1:6 Risk/REntry Point: Around 3,409.33 - 3,408.41 USD.
Stop Loss: 3,437.87 USD.
Target (Take Profit): 3,222.53 USD.
Risk/Reward Ratio: Approximately 1:6, which is favorable.
📉 Price Action & Trend Analysis:
A rising wedge (or channel) appears to have formed and broken to the downside — a bearish signal.
The current price at 3,341.47 has broken below a minor support zone (highlighted in purple), indicating bearish momentum.
Price is now approaching the 200 EMA, which is acting as potential dynamic support.
📌 Key Levels Highlighted:
Support Zones: Near 3,347.47 (previous minor support) and 3,222.53 (main target zone).
Resistance Zones: At the entry level and above, near 3,437.87 (Stop Loss zone).
🔄 Indicators:
Moving Averages (Red and Blue Lines): Shorter-term moving average (red) is below the longer-term (blue), indicating downward pressure.
Momentum Shift: The sharp drop suggests a likely continuation of the bearish trend.
BTC/USD) Resistance level pullback Read The ChaptianSMC Trading point update
Technical analysis of Bitcoin (BTCUSDT), highlighting key levels and potential price movements based on trend channels, support/resistance, and RSI. Here's the breakdown:
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Key Elements in the Analysis:
1. Trend Channel:
BTC is trading within an ascending channel, indicating an ongoing bullish trend.
The recent price action hit the upper boundary (resistance) of the channel, suggesting potential for a pullback.
2. Resistance Zone:
105,586.06 is marked as a resistance level, where price faced rejection.
Strong reaction here suggests sellers are defending this area.
3. Support Zone:
A new support level is established around 98,000.
This zone aligns with the lower boundary of the ascending channel and previous breakout structure.
4. Target Point (Bearish Projection):
The chart projects a potential drop to the 97,367.51 level, representing a ~7.4% correction.
This move mirrors the prior leg up, applying a measured move concept.
5. RSI Indicator:
RSI is around 66–71, indicating overbought conditions.
A bearish divergence or trendline break on RSI suggests weakening momentum.
Mr SMC Trading point
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Summary of Trading Idea:
Bias: Short-term Bearish (correction within an overall bullish trend)
Expected Move: Potential dip toward 97,367.51 support
Confirmation: Rejection at resistance, RSI divergence, and trendline break
Invalidation: A strong breakout above 105,586.06 would nullify the correction setup and favor continued bullish movement
pelas support boost 🚀 analysis follow)
(BTC/USD) 1H Trade Setup – Key Entry, Stop Loss & Dual TargetEntry Point: 95,431
Stop Loss: 95,264
Target Points:
Upside (Target 1): 100,674 (Potential gain: +5.36%)
Downside (Target 2): 86,614 (Potential loss: -7.57%)
Trade Setup:
Risk-Reward Ratio:
Approx. 1:0.7 (Not ideal; the reward is smaller than the potential loss)
Support Zones:
Highlighted in purple beneath the entry zone — this indicates a historically strong support area.
Resistance Zones:
The upper purple zone marks the next significant resistance around 100,000–100,795.
Technical Indicators:
50 EMA (Blue Line): Indicates mid-term trend support, currently holding price action.
Price Action: BTC appears to be retracing toward support after a bullish rally.
Interpretation:
The setup implies a long (buy) position with a very tight stop loss.
The price is nearing a support zone, and if it holds, there's potential for an upward move to the target at 100,674.
However, if price breaks below 95,264, a sharp drop to 86,614 is anticipated.
XUA/USD) bullish trend analysis Read The ChaptianSMC Trading point update
Technical analysis chart for Gold Spot (XAUUSD) on the 4-hour timeframe. Here's a breakdown of the key ideas behind the analysis:
1. Trend and Structure:
The overall trend shows a bullish move followed by a correction and now a potential continuation upward.
A bullish breakout from a descending trendline suggests a shift in momentum from bearish to bullish.
2. Key Zones:
Order Block / Buying Zone (~3,280-3,310): A demand area where price is expected to find support and potentially bounce higher.
Support Level (~3,320-3,360): Price is currently above this level, suggesting buyers are in control.
Resistance Level (~3,440-3,495): Marked as a potential short-term ceiling; a breakout above this level may signal strong bullish continuation.
Target Point (~3,494): This is the projected take-profit level for a bullish move.
3. RSI Indicator:
RSI is around 63–64, close to overbought territory but not yet extreme. This suggests moderate bullish momentum without signs of immediate reversal.
4. Projected Move:
The chart outlines a possible retracement to the support or order block zone, followed by a bounce and a push toward the resistance level and target.
Mr SMC Trading point
Strategy Implication:
Buy on pullback to the support or order block zone.
Stop-loss could be placed below the order block (~3,280).
Take-profit around the target zone (~3,494).
pales support boost 🚀 analysis follow)
EUR/USD) Big Support level Analysis Read The ChaptianSMC Trading point update
Technical analysis of EUR/USD on the 1-hour timeframe. The idea centers around a potential reversal from a major support zone, aiming for higher resistance targets. Here's a detailed breakdown:
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1. Big Support Level
A strong horizontal support zone is highlighted around 1.1275–1.1290.
Price is currently reacting off this level, suggesting a potential bullish reversal.
2. EMA 200 as Resistance
The 200-period EMA (~1.1346) is above current price, possibly acting as a dynamic resistance.
A break and hold above it could confirm bullish momentum.
3. Resistance Levels & Target Points
The first target is the 1.14367 resistance level, a clear supply zone.
The second target point is around 1.15622, aligned with a previous major high and strong resistance zone.
4. RSI Indicator
RSI is at 44.02, indicating neutral to slightly oversold conditions—this supports a potential bullish move, especially from support.
5. Forecast Path
The chart projects a likely pullback and breakout pattern:
Rebound from the support zone.
Break through EMA 200 and minor resistance.
Rally toward first and second targets.
Mr SMC Trading point
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Summary of the Idea:
This is a trend-reversal-to-continuation setup, with EUR/USD expected to rise from a key support area toward 1.14367, and potentially 1.15622, provided price holds above the support and breaks the EMA 200.
Pales support boost 🚀 analysis follow)
USD/JPY) Bullish trand analysis Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY on the 2-hour timeframe, and it presents a bullish continuation setup. Here's a breakdown of the key elements and the idea behind the analysis:
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1. Ascending Channel Formation
The price is trading within an ascending channel, suggesting a controlled uptrend.
Higher highs and higher lows confirm the trend structure.
2. Key Support and Fair Value Gap (FVG)
There’s a well-identified support level where price has bounced before (highlighted in yellow).
A Fair Value Gap (FVG) zone is marked slightly above the support level, which could act as a short-term demand area.
Price is currently pulling back into this zone, potentially setting up a buying opportunity.
3. EMA 200 Support
The 200 EMA (~143.78) is acting as dynamic support just below the current price.
If price drops further, this level may offer strong technical support.
4. RSI Momentum
RSI is above 50 (currently 56.37), supporting the bullish trend and showing room for continued upside.
5. Target Point
The chart anticipates a bounce off the support/FVG zone and a rally toward the upper boundary of the channel, targeting 147.153.
Mr SMC Trading point
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Summary of the Idea:
This is a bullish continuation setup within an uptrend channel. The analyst expects a potential long entry around the FVG/support zone, with a target at the channel top (147.15). Confluence from the EMA 200, RSI, and previous structure supports this bullish bias.
Pales support boost 🚀 analysis follow)
XAU/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update
technical analysis of Gold Spot (XAU/USD) on the 4-hour timeframe, projecting a bullish outlook. Here's a breakdown of the main ideas conveyed:
1. Support Level & Double Bottom
A strong support level is marked around the 3,177 area, with the price bouncing from it twice (highlighted by two black dots), indicating a potential double bottom pattern, which is typically a bullish reversal signal.
2. EMA 200 Support
The 200 EMA (Exponential Moving Average) lies just below the current price (~3,177), acting as dynamic support. The fact that price is holding above it adds strength to the bullish argument.
3. Bullish Divergence on RSI
The RSI (Relative Strength Index) shows a bullish divergence, where the price made lower lows but RSI made higher lows—another potential reversal indicator.
4. Price Projection
If the bullish move plays out, the chart outlines two upward targets:
Target Point: ~3,501.67
Next Target Point: ~3,729.23
These are based on measured moves from previous impulse legs (shown by vertical blue projections).
5. Entry Setup
The chart suggests a break above the short-term consolidation could trigger the bullish run toward the first target, aligning with bullish price structure and support confirmation.
Mr SMC Trading point
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Overall Idea: The chart expects a bullish reversal from support, confirmed by double bottom, EMA 200 support, and RSI divergence, targeting higher resistance zones.
Pales support boost 🚀 analysis follow)
XAUUSD Bullish Continuation Setup (read-caption)📊 Chart Overview:
Asset: Unspecified (likely XAUUSD or a crypto asset).
Timeframe: Looks like 4H or Daily.
Tools Used:
EMA 50 (🔴 Red Line) — 3,283.978
EMA 200 (🔵 Blue Line) — 3,185.603
Resistance & Support Zones (🔴 Highlighted boxes)
Price: 3,335.415
🔍 Technical Analysis:
🟩 Trend Direction:
📈 Uptrend Confirmed: Price is above both EMA 50 and EMA 200 → Strong bullish momentum.
✅ Golden Cross: EMA 50 is above EMA 200, confirming long-term bullish bias.
📌 Key Levels:
🧱 Main Support Zone (🟥 Bottom Box - ~2,950–3,050):
Historical strong bounce zone.
Acts as a bullish base in case of a deeper pullback.
🔄 Mid Resistance/Support (~3,180–3,260):
Now acting as support after price bounced above it.
Also aligns with EMA 200 ➕🟦 – adds confluence.
📌 Main Resistance Zone (~3,300–3,380):
Current area of consolidation.
If broken, price likely to retest upper resistance.
🚧 Top Resistance Zone (~3,450–3,500):
Target area if bullish breakout continues.
✈️ Next take-profit zone for bulls.
🧭 Market Forecast:
🔁 Retest Expected: Price might pull back slightly to the main resistance area (~3,300), retesting previous resistance as support.
🚀 Upside Potential: Upon successful retest, price is projected to head toward the upper resistance (~3,480).
📉 Bearish Scenario: If price breaks back below 3,260 and EMA 50, expect a dip toward 3,180 or even the main support zone.
📈 Summary:
Bias: ✅ Bullish
Watch for:
🔍 Retest of 3,300 zone
✅ Breakout above 3,380
❌ Breakdown below 3,260 invalidates bullish scenario
GBP/USD Short Trade Setup: Reversal from 1.34370 with Target at Entry Point:
Marked at 1.34370, where the analyst anticipates a reversal or price rejection.
Stop Loss:
Positioned above at 1.34975, covering a 2.62% risk margin. This is a protective level in case the price moves against the trade.
Target (Take Profit):
Set at 1.31015, just above a strong support zone around 1.30818. This is where the analyst expects the price to eventually fall.
Resistance Point:
Noted around 1.33007 – 1.32859, acting as an intermediate level of interest and possible price reaction zone.
USD/JPY) bullish trend analysis Read The ChaptianSMC Trading point update
Technical analysis of USD/JPY chart shows a bullish reversal setup. Here’s a breakdown behind the analysis:
1. Downtrend & Channel Breakout:
Price was trending downward within a descending channel (marked “channel trend”).
Recently, the price broke out of the channel, signaling a potential trend reversal.
2. Demand Zone (Diamond Zone):
The yellow box labeled “Diamond Zone” represents a demand/support zone where price previously found buyers.
A retest of this zone is expected before the bullish move.
3. EMA (200):
The EMA (200) is currently above the price but close. A break above this level (142.522) could add to bullish momentum.
4. RSI Indicator:
RSI is showing a bounce off a mid-level (~50), suggesting bullish momentum is gaining.
5. Target Level:
The analysis targets 147.838, which aligns with a prior resistance zone.
The move projects a 5.19% gain (~778.5 pips) from the current setup.
Trading Idea Summary:
Entry: Around the “Diamond Zone” after a successful retest.
Confirmation: Watch for bullish candlestick patterns or a break above EMA 200.
Target: 147.838
Stop Loss (implied): Below the Diamond Zone (~140.000)
Pales support boost 🚀 analysis follow)