Could the price reverse from here?USD/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 71% Fibonacci retracement and could drop from this level to our take profit.
Entry: 150.40
Why we like it:
There is a pullback resistance level that lines up with the 71% Fibonacci retracement.
Stop loss: 150.89
Why we like it:
There is a pullback resistance that lines up with the 88.6% Fibonacci retracement.
Take profit: 149.62
Why we like it:
There is a pullback support level.
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.
Harmonic Patterns
TRXUSDT Breakout detected, Accumulate!!Join our community and start your crypto journey today for:
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Let's analyze TRXUSDT:
TRX has broken out after prolonged consolidation, signaling strong potential. Fundamentally and technically, TRX appears robust. An ascending triangle breakout suggests bullish momentum. Accumulate TRX now to capitalize on this upward trend. This breakout indicates a significant price movement is likely.
Resistance zone: $0.2540- $0.2614
Target 1: $0.2735
Target 2: $0.3010
Target 3: $0.3391
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments, and feel free to request any specific chart analysis you’d like to see.
USD/CAD trandline breakout 4h bullish setup USD/CAD currency pair on the 4-hour timeframe with a bullish setup. Here's a breakout of key elements:
Analysis:
Entry Point: Around 1.43100 (breakout of the trendline).
Targets:
Target 1: ~1.43827
Target 2: ~1.4500
Final Target: ~1.4700
Stop Loss: Below 1.4236 (marked in red).
Support Levels:
1.4183 (key support)
1.4236 (another major support level)
Resistance Levels:
1.4382
1.4500
Trade Idea:
A breakout above the trendline signals a bullish move.
Entry confirmation could come from retests or bullish candlestick formations.
Ensure risk management with a proper stop-loss placement.
Would you like me to refine this based on any specific indicator or confirmation strategy?
GOLD: What to do if you Hold a Short position?Gold is rebounding. Pay attention to the resistance above 3020. At present, we can see obvious selling pressure on the 2H chart. MACD has formed a divergence. 2H is a larger period. Its form is short, which means that tomorrow or the day after tomorrow, the market will fall sharply.
In addition, the divergence of MACD is sometimes repaired by shock market. This situation is not uncommon, so when trading, we need to focus on the support.
Judging from the current candlestick chart arrangement, there is support near 3100, followed by the 3096-3088 range. If a larger divergence pattern is to be formed, the price may reach the 3036-3048 range. At that time, there is no need to hesitate too much, just sell it.
INVERSE CUP AND HANDLE $TSLA TO $120 The inverted cup and handle, also known as the upside-down cup and handle pattern, is a bearish chart formation that can occur in both uptrends and downtrends. Unlike the traditional bullish cup and handle pattern, this inverse pattern features two key components: the "cup," which forms an inverted U-shape, and the "handle," a brief upward retracement following the cup.
Sell NASDAQ:TSLA right now with fact check:
brand reputation risk, high competition, loss of EV market leadership, cyber truck/ product recalls, declining sales with lower margin, stock volatility concern, insider selling, investors buy it based on expected future earnings rather than its current profitability.
+ Head and shoulder/ inverse cup and handle, P/E ratio 79.8-161.23 (overpriced), falling knife, dead cat bounce, the lowest target estimate stands at $120.00, below the 50-day, 100-day, and 200-day moving averages, MACD indicator is -19.8, bearish signals.
+ potential stagflation, tariff war, slow economic growth, inflation, rising public debt, geopolitical tensions, ai bubble, and more
XAUUSDHello Traders! 👋
What are your thoughts on GOLD?
Gold remains in a strong uptrend, and the first target is expected to be around $3200. At this level, due to a resistance zone, a temporary correction is likely.
This correction may extend down to the bottom of the ascending channel, which acts as a key support area. After completing the pullback, the bullish trend is expected to resume, aiming for the top of the channel as the next target.
If price breaks above the channel, higher targets could be activated.
Don’t forget to like and share your thoughts in the comments! ❤️
EUR/USD Key Levels – Watch Out! The EUR/USD pair is approaching crucial selling zones, signaling potential bearish pressure ahead! 🔥
📉 Price Action Insights:
A strong supply zone is identified, aligning with our bearish outlook.
Choch (Change of Character) confirms a shift in structure—indicating a possible rejection from higher levels.
If price taps into our selling zones, we could see a strong drop to the downside!
🔎 Plan Ahead:
Will sellers dominate, or will bulls regain control? Stay sharp and trade smart! 💡
💬 Drop your thoughts below! Are you shorting or waiting for confirmations? 👇
theta buy midterm "🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
4-Hour Chart Analysis.The chart shows Bitcoin (BTC) previously trading within an ascending channel (marked by two parallel black lines).
Recently, BTC broke below this channel, signaling a bearish shift in momentum.
BTC is currently attempting to retest the lower boundary of the broken channel.
This is critical—if BTC fails to reclaim the channel, it could confirm a downtrend continuation.
The chart suggests a possible short-term bounce toward resistance around $85,000-$86,000.
However, after this retest, BTC is expected to drop sharply toward $79,000 - $78,400 (green support zone).
$79,059 & $78,424 are identified as key support zones.
If BTC reaches these levels and holds, a rebound is possible.
If broken, BTC could see a deeper decline toward lower levels.
Breakout invalidation: If BTC breaks above $86,000 with strong volume, it could regain bullish momentum and move higher.
BTCUSD-Possible future movementBitcoin is in the 4 wave of the fifth wave of the MAJOR 5th wave...As per Neo waves..4th is correcting and forming a Ending diagonal 4th leg..after which a major 5 violent move up will come..a Rocket move next year...lasting a year probably..So..makes sense to hold or buy on a dip..
Long APPL between 196-205A bat pattern forming at 0.886 price at 203 at point D.
Pricing goes lower than 196 below point X, would invalidate the pattern.
The support of 196 is the previous resistance, which is why I see this pattern will soon test this points and a buy call might be realises.
Otherwise next support @ 169 would be the extreme for next buy call.
Gold is crazy. When will it peak?Gold has experienced a wave of rapid declines and market washouts. It successfully made many people get off the market with one move, and then it continued to rise all the way. It is really strong.
At present, it seems that gold is getting closer and closer to the top, but you can still take advantage of the pullback to make long orders, but you must not stay in the long term.
At present, gold is getting closer and closer to the top, but you can still take advantage of the correction to go long, but don't be a long-term investor. Gold can take advantage of the trend to take long positions above 3100
Gold breaks through historical highs again, trend and analysis.From the perspective of future trends, combined with various signals from fundamentals and technical aspects, spot gold is still in an upward cycle dominated by bulls in the short term. From a technical perspective, the weekly, daily and H4 cycle performances are all extremely strong, with no signs of decline or desire to fall. Therefore, cyclical bullishness needs to wait for the daily line to peak or to break out of a continuous decline before looking at the effective space for decline.
The upper resistance of gold is currently connected by the recent high point line and the extension line. The upper pressure can be seen in the 3128-3132 area, and the lower support can be seen in 3100 or even 3086. After getting support, enter the market to buy more. If it breaks through, the upper side will further look to around 3152-3177