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Bullish - Breakout observed from a descending channelEntry Zone: We recommend accumulating FSL in the zone of ₹375 - ₹385. Target 1 (T1): ₹405 Target 2 (T2): ₹420 Target 3 (T3): ₹450 (If momentum sustains above T2) Stop Loss (SL): ₹360 (Closing basis) Rationale: Channel Breakout: The stock has successfully broken out of a prominent descending channel, indicating a potential shift in momentum from bearish to bullish. This breakout is supported by decent volumes on the breakout candle. RSI Confirmation: The Relative Strength Index (RSI) has shown a strong move above the 50-mark and is trending upwards, suggesting increasing buying interest and underlying strength. Support from Previous Levels: The breakout retests appear to hold the previous resistance now acting as support, which is a classic bullish reversal pattern. Risk-Reward: The current setup offers a favorable risk-to-reward ratio for short-term traders. Key Risk: A close below ₹360 would negate the current bullish view and could lead to further downside. Traders should adhere strictly to the stop-loss. Disclaimer: This report is for informational purposes only and does not constitute financial advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Equity investments are subject to market risks.
NSE:FSLLong
by rmhetre15
BTCUSDT – Hitting resistance, is selling pressure returning?Bitcoin is showing signs of losing momentum after touching the resistance zone around 111,669. On the H4 timeframe, the previous bullish structure has stalled with a series of red candles and a clear pullback, bringing price back to test the EMA 34 zone. In terms of news, although the market remains excited due to expectations surrounding a Bitcoin spot ETF, many large investors are starting to take profits after the recent sharp rally. This is causing selling pressure to slightly outweigh buying in the short term. The most likely scenario now is that BTC could make a mild upward move to retest the 111,600 area – but if it fails to break above, a reversal back toward the support zone at 105,800 is highly probable. This area aligns with the EMA 89 and a previous accumulation zone. Current strategy: don’t get caught in a false breakout. Instead, watch the 111,600 area and wait for a clear signal. If a reversal candlestick pattern appears, short-term sell entries may be considered with a target near the lower support.
Long
by Rocky_trade_
EURUSD – Testing Key Resistance, Signs of a Pullback EmergingEURUSD is gradually approaching the strong resistance zone around 1.142 – a level that has rejected price at least twice in the past. The recent bullish momentum is clear, but the current move is nearing a major barrier, increasing the likelihood of a short-term pullback. If the price fails to break this zone and rejection signals appear, a drop back toward the support area around 1.125 is highly possible – this level aligns with the EMA 89 and recent swing lows. It will be a key area to watch where the market might “take a breath” before deciding the next direction. The current strategy is to patiently observe price action at this resistance zone. If confirmation appears, this could offer an opportunity for short-term sell setups. However, if the price decisively breaks above 1.142, the bearish scenario would be invalidated.
Short
by Rocky_trade_
2
XAUUSD holds the trend – Will it break through 3,440?Gold continues to maintain a strong uptrend on the daily timeframe, supported by a rising trendline and upward-sloping EMA 34 and EMA 89. The price is now approaching the key resistance zone at 3,440 – a level that has been rejected twice in the past – making a slight pullback entirely possible. However, the market structure shows no signs of reversal, and any dip toward the support area around 3,210 could present a “buy on dip” opportunity. As long as the price remains above the ascending trendline, the primary trend is still upward. Traders are advised to patiently wait for clear signals near support rather than FOMO at resistance. If the 3,440 barrier is broken successfully, bullish momentum may accelerate toward higher targets.
OANDA:XAUUSDLong
by Rocky_trade_
BTCUSD MMC Breakdown – Curve Collapse & H&S Sell-Off Loading🔍 Chart Overview – BTC/USD (1H Timeframe) This setup uses Mirror Market Concepts (MMC) to forecast Bitcoin’s next potential major move, blending institutional-level curve analysis, pattern recognition, and structure shifts. We are currently seeing a Head & Shoulders (H&S) pattern develop under a Black Mind Curve Resistance, supported by a sloping neckline and a clear zone of structure breaks and retests. Price is positioned for a significant bearish continuation if confirmation hits. 📐 Breakdown of Key Components: 🧠 1. Mirror Market Concepts (MMC) MMC focuses on the symmetry and memory of market behavior. When certain price structures mirror past reactions (support, resistance, or rejection points), we gain an edge in anticipating where big moves will happen. Here, the curve structure and neckline level align to mirror prior bearish reactions. 👤 2. Head & Shoulders Pattern Left Shoulder: Formed with rising volume and strong bullish momentum. Head: A sharp move upward forming a new high, but eventually fails to sustain above the curve. Right Shoulder: A weaker bullish attempt, indicating exhaustion and imbalance. The neckline is clearly marked — a break below it validates the reversal pattern. 🟠 3. Black Mind Curve Resistance This is an institutional resistance arc — an MMC dynamic level that mirrors prior selling patterns. Price reacted strongly under this curve, confirming its relevance. It acted as a ceiling for the head formation, capping bullish continuation and turning price downward. 🔵 4. Black Mind Curve Support Drawn beneath the price action, this dynamic support is about to be tested again. A clean break below the curve and neckline would likely result in a strong drop. ⚠️ 5. Major CHoCH & BOS Zones CHoCH (Change of Character): Price failed to form new highs and showed early bearish shift. BOS (Break of Structure): Confirmed when neckline is broken. These are vital MMC confirmation points that strengthen the short idea. 🔁 6. Retest & Boom (Bearish Version) Price could retest the neckline or the broken trendline (shown by the blue arrows), offering a perfect "sell on retest" opportunity before dropping to the target. This is a classic MMC play — breakdown ➝ retest ➝ continuation. 🎯 7. Target Zone Projected based on: Height of the H&S pattern. Previous key structure zone. MMC symmetry principles. Expected target: near $101,700 – $102,000. 🧨 Trade Idea: ✅ Bearish Setup (Preferred Bias) Wait for a clean neckline break and candle close. Look for retest of neckline or curve (lower timeframes). Sell with target near $101,700, SL above right shoulder. 🚫 Invalidation: Price closes back above right shoulder and curve. Invalidates the bearish structure.
CRYPTO:BTCUSDShort
by GoldMasterTrades
Gold 4H VIP Move – MMC Curve Break or Bounce?📈 Market: XAUUSD – 4H Timeframe This setup is based on Mirror Market Concepts (MMC), a method that reflects the idea of market symmetry, key structural levels, and curve dynamics (institutional behavior). We’re looking at how price interacts with historically significant zones, demand transfers, and resistance curves. 🔍 Full Chart Analysis Breakdown: 1. ⚙️ Mirror Market Concepts (MMC) MMC focuses on how past price actions "mirror" into the future. If a zone caused a strong move before, it can likely do it again — either by rejecting price or acting as a magnet for liquidity. You can see how historical supply and demand zones still influence price today. 2. 🧱 Major Resistance Zone (Top Blue Zone: ~$3,470 – $3,520) This is a historical supply area where sellers were previously dominant. Every time price enters this zone, it reacts with strong selling pressure. Watch closely: a clean breakout + retest above this zone could open the door to higher time frame bullish continuation. 3. 🚧 Black Mind Curve Resistance (Orange Arc) A dynamic resistance level based on institutional selling behavior over time. This curve aligns with historical highs and retracements, suggesting smart money is actively defending this region. Price is now testing this curve — either it gets rejected and drops, or breaks above for a breakout boom. 4. 🟦 Mini Reversal Zone (Around $3,400) This zone sits right under the curve and major resistance, making it a critical decision point. A strong reaction here could mean a short-term selloff, but if broken, this zone could flip into support, validating the breakout. 5. 📉 Trending Support Line (Upward Diagonal) Acting as short-term bullish support. As price pulls back, this trendline could catch the dip, causing a bounce toward the reversal or major resistance zone. You can also call this the "retest and boom" line, as seen in your chart’s annotation. 6. 🧊 Demand Transferred (Mid-Zone Shift) Shows where institutional demand entered and was then shifted upward to support the rally. This is a powerful MMC concept — demand didn’t disappear, it just migrated up, forming new support levels. 7. 🔄 SR Interchange Zone (~$3,160 – $3,200) Classic support/resistance flip zone. If the trendline and mid-zone fail, price might drop here to collect liquidity and trigger new buy orders. This is your “last stand” zone for bulls. 8. 🧱 Break of Structure (BOS) Confirmation BOS already occurred earlier on the chart — this confirms bullish shift in structure. Now, price is looking to retest the previous high or break it entirely. 🎯 Trade Scenarios ✅ Bullish Setup (Base Case): Price continues to hold above the trending support. Breaks mini reversal zone + Black Curve Resistance. Retests the zone (validation). Pushes toward the Major Resistance Zone ($3,470 – $3,520). ⚠️ Bearish Setup (If Rejected): Price hits the curve and mini reversal zone and gets rejected hard. Drops back to trending support, possibly breaks it. Targets SR Interchange Zone (~$3,160 – $3,200) as the next buy zone. 💬 Mind / Trading Wisdom: “Price doesn’t lie. It reacts. Let it show you the intention — breakout or rejection. Follow MMC structure, respect the curve resistance, and let price action guide your entries.” 📌 Summary for Traders: Concepts Used: Mirror Market Concepts (MMC), Curve Resistance, SR Flip, Demand Transfer, BOS. Current Price Action: Testing reversal zone + curve. Bias: Bullish but cautiously watching for rejection. Next Levels: Watch $3,400 – $3,520 for decision. Retest = entry. Rejection = liquidity hunt.
OANDA:XAUUSDLong
by GoldMasterTrades
XAU/USD Outlook: Will Gold Open with a Bullish Gap?XAU/USD Outlook: Will Gold Open with a Bullish Gap? Date Range: 26th – 30th May 2025 Timeframe: H4 (4-hour chart) Market Bias: Short-term bullish 🔍 Fundamental Analysis US–China Trade Tensions: China halting imports of US goods puts pressure on the dollar (gold tends to move inversely). Escalating tensions support gold as a safe-haven asset. Tariff Threats to the EU: Trump proposes 50% tariffs on EU products → potential retaliatory measures raise global uncertainty. Risk-averse sentiment may push capital into gold. Physical Gold Demand: High seasonal demand from India and China ahead of festivals. Inflation fears globally increase gold's appeal. 🌍 Macro Overview Monetary Policy: The Fed may face pressure to cut rates if trade tensions weaken the economy → bearish for USD, bullish for gold. PBOC could devalue the yuan in response to trade friction, boosting gold prices in USD terms. Market Sentiment: A potential rise in the VIX (fear index) may drive investors towards safe havens like gold. Strong demand for physical gold and ETFs, particularly in Asia, continues to support price. Key Events This Week: US Core PCE (inflation indicator) US Consumer Confidence EU and China responses to recent US trade policy 📊 Technical Analysis (H4) Trend: Clear ascending channel Current Price: 3,407.554 Key Resistance Levels: 3,407 – 3,444 (major resistance zone) 3,444.436 = potential all-time high Support Zones: 3,361.648 (channel midpoint) 3,325.347 (lower channel boundary) Fair Value Gaps (FVG): FVG 1: 3,361 – 3,407 FVG 2: 3,325 – 3,340 Price Action Note: A doji candle near resistance suggests a possible short-term pullback before continuation 🔄 Possible Scenarios 🔼 Bullish Scenario (60% probability): Break above 3,444 with momentum could trigger a bullish gap and extend toward 3,500 Strong fundamental and technical support for upside 🔽 Bearish Scenario: Rejection from 3,444 may lead to a pullback toward 3,361 or even 3,325 for buy setups 💡 Trade Plan ✅ Long Setup: Entry: 3,361 – 3,370 (pullback into FVG or mid-channel support) Take Profit: 3,444 (TP1), 3,500 (TP2) Stop Loss: Below 3,325 ❌ Short Setup (only on confirmed rejection): Entry: On clear rejection at 3,444 (e.g. bearish engulfing or head & shoulders pattern) Take Profit: 3,361 Stop Loss: Above 3,444 ⏰ Optimal Trading Times Monitor market open (Sunday, 26th May) for confirmation of a potential bullish gap Best liquidity during London and New York sessions 📝 Summary: Gold is well-positioned for a bullish move amid escalating trade tensions and USD weakness. Watch closely for a breakout above 3,444 or a retracement to 3,361 as a strategic buy zone. Stay updated on US inflation data and trade policy developments to adjust accordingly.
OANDA:XAUUSDLong
by MMFlowTrading
4
EURUSD Direction | Daily Timeframe OutlookThese are the points we can take from the daily time frame : 1.EURUSD has broken through quite strong resistance, and we have not seen any wicks on any time frame, this indicates that EURUSD is still strong for buying 2.After finishing its uptrend, Eurusd fell to the weekly support that I marked, 3.After completing the correction phase, this week there was a fairly strong closing in the market structure shift (MSS) area 4.The conclusion is, eurusd will continue its upward trend, this is useful for daily traders as a direction to determine which trading positions are profitable
Long
by Ivannn7
TradeCityPro | CFXUSDT A Wild Week of Volatility Ahead?👋 Welcome to TradeCityPro Channel! Let’s dive in and analyze another altcoin in the market, CFX, which is likely to experience a highly volatile week ahead, offering great trading opportunities. 🌐 Overview Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 🕒 Weekly Time Frame CFX stands out as an older coin with prior bull-run experience. It’s trading above last year’s lows and hasn’t experienced steep declines. Yesterday, we analyzed this coin briefly, but today, we’ll go into more detail. Unlike most altcoins that began their bullish moves from their lowest levels, CFX has already started its upward trajectory from 0.1219. Fibonacci analysis shows that 0.1219 aligns with the 50% retracement level—a significant support both in Fibonacci terms and Dow Theory. After forming a range around this level and breaking the 0.1810 trigger, the coin moved toward its first target at 0.2596. However, we were rejected at 0.2596 and even lost the critical support at 0.1087, dropping to the next support at 0.0647. Currently, it appears we’re pulling back to the key 0.1087 level. 📊 Daily Time Frame On the daily chart, CFX was in a ranging box, forming higher lows. A breakout above 0.1851 was accompanied by a strong entry candle with buyer momentum, an RSI entry signal, and volume confirmation. Stop-loss was set at the daily low of 0.14. If you followed this trigger, you’re likely in profit despite the current red daily candle. This correction is healthy, as an uptrend without pullbacks or red candles is often unsustainable. After breaking the daily box between 0.1046 and 0.1230 and losing its support with an engulfing candle, we experienced a downward move to 0.0647. From there, sellers effectively exited the market, and buyers showed strength. After breaking 0.0823, we formed higher highs and lows. Now, after breaking 0.1046, we can consider buying for spot, with the main trigger being a break of 0.1230. ✍️ Final Thoughts Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities! This is our analysis, not financial advice always do your own research. What do you think? Share your ideas below and pass this along to friends! ❤️
Long
by tradecitypro
3
EURAUD – Bullish Breakout from Inverse Head & Shoulders + Target🔍 Pattern Insight: Inverse Head & Shoulders – A Powerful Reversal Formation On the weekly timeframe, EURAUD has completed and broken out of a textbook Inverse Head & Shoulders (IHS) pattern — a highly regarded bullish reversal setup that often signals the end of a downtrend and the beginning of a sustainable uptrend. Let’s break it down: Left Shoulder: Formed in mid-2021 after a strong downtrend, price found support and rebounded, forming the initial shoulder low. Head: A lower low was established around early 2022, marking the deepest point of the pattern. This represents the last dominant push by sellers before exhaustion. Right Shoulder: In late 2022 to early 2023, bulls stepped in earlier than before, establishing a higher low — a strong sign of decreasing bearish momentum and accumulation. Neckline : A descending resistance trendline connecting the peaks between the shoulders and the head. Once broken, it confirms the IHS breakout and trend reversal. This multi-year formation reflects a major psychological shift: sellers lost control at the head, and buyers gradually regained dominance at the right shoulder, eventually breaking resistance. 📉 Retest in Progress – High Probability Entry Zone Post-breakout, price action has pulled back for a technical retest of the neckline and curve line support — a dynamic trendline representing growing bullish momentum. This retest is essential for validating the breakout and building the base for a continuation rally. The convergence of support zones (neckline + curve line) around the 1.70–1.72 area provides a strong confluence zone where buyers may step in again. This is often viewed as a second-chance entry for traders who missed the breakout. 🎯 Measured Target Projection & Resistance Levels The IHS pattern gives us a clear measured move: Measured Move Target: Distance from the head to neckline (~2,800+ pips) projected from the breakout point. Target Zone: 1.92 – 1.95, just above the major resistance zone. Resistance Zone: 1.85 – 1.87 is a historically significant supply area and may act as interim resistance. Break and close above the resistance zone would further validate the bullish trajectory and open the door for higher targets. 📌 Risk Management – Defined Parameters To manage risk effectively, consider: Stop Loss: Below the recent retest low and curve line support, ideally placed at 1.63848, protecting against a false breakout. Entry Idea: If bullish confirmation (e.g., bullish engulfing candle, higher low on lower timeframe) appears at retest zone, initiate a long position. Risk-to-Reward (RR): Targeting 1.92 from an entry around 1.72 offers a 4:1 RR or better — highly attractive for swing and position traders. 🧠 Psychological and Structural Significance This pattern is not just technical — it represents behavioral change in the market: The head shows capitulation — a final wave of bearish pressure. The right shoulder indicates growing confidence in bulls and waning selling interest. The neckline breakout is where sentiment flips — traders recognize the change and enter long positions, fueling the breakout. The current retest phase is crucial. Many professional traders wait for this moment to confirm that support holds before fully committing. 🔎 Final Thoughts & Strategy Trend has shifted bullish on the weekly chart after years of consolidation and decline. We’re seeing a classic breakout–retest–continuation setup. A breakout above 1.85 would likely trigger momentum traders and institutions, driving price swiftly toward the 1.92–1.95 range. Invalidation: Break below 1.63848 would invalidate the pattern and shift sentiment back to neutral or bearish. 📈 Trade Plan Summary: Pattern: Inverse Head & Shoulders (weekly) Bias: Bullish Entry Zone: 1.70 – 1.73 (retest area) Target: 1.92+ Stop Loss: Below 1.63848 Risk Level: Medium (weekly setup, but long-term play)
Long
by GoldMasterTrades
XAUUSD Bullish Flag Breakout – $4,300 Target in SightGold (XAU/USD) continues its strong bullish momentum in 2025, and the current price structure reveals a classic bullish flag pattern on the daily chart, suggesting further upside. This setup presents a potential continuation of the prevailing uptrend, possibly leading to new all-time highs in the coming months. 🟢 1. Clear Bullish Trend Foundation Gold has been in a strong uptrend since late 2024, supported by: Global inflationary pressures. Geopolitical instability. Central bank gold purchases and dollar weakness. This uptrend is visually supported by a well-defined rising structure, with higher highs and higher lows. 📐 2. Bullish Flag Pattern Formation The current price action has formed a bullish flag, a bullish continuation pattern that appears after a sharp rally. The flag represents a period of consolidation or pullback before the next impulsive move up. The flagpole is the sharp rally that took place from mid-February to April 2025. The flag itself is a downward-sloping channel or wedge, indicating temporary profit-taking or market indecision. Volume typically decreases during the flag formation, then surges on breakout—confirming trend continuation. This pattern is now showing signs of a breakout to the upside, suggesting the bulls are regaining control. 🔍 3. Key Technical Levels 🔹 Major Resistance Zone (~3,500–3,600): This zone has acted as a supply region in the past. Price is now testing this level and attempting a breakout. A successful retest of this zone as new support will confirm the breakout. 🎯 Projected Target: $4,300+ Measured move target based on the flagpole’s height. Clean projection points to the 4,300–4,350 area as the next major upside objective. 🛑 Support & Stop-Loss : Strong support exists around $3,125, aligning with the flag base. This area is a logical stop-loss zone for traders entering on the breakout. 🔁 4. Expected Price Behavior Breakout: Price is expected to break above the flag resistance and the horizontal supply zone. Retest Phase: A pullback toward the breakout zone (~3,600) could occur before the next impulsive move. This would offer a prime buy-on-dip opportunity. Final Impulse: A sharp rally could follow, targeting the 4,300+ region. 💡 5. Trading Psychology Behind the Setup During the flag formation, short-term traders take profit, and new buyers hesitate due to perceived overbought conditions. However, the overall market sentiment remains bullish, with larger players accumulating during dips. Once the resistance breaks, fear of missing out (FOMO) often drives prices sharply higher. ⚠️ 6. Risk Factors to Watch Sudden USD strength or rising real yields. Geopolitical de-escalation that reduces safe-haven demand. FOMC rate surprises or unexpected hawkish policy shifts. ✅ Conclusion: Bullish Breakout Setup in Play Gold is poised for another leg up after completing a textbook bullish flag pattern. With macroeconomic tailwinds and a solid technical base, this setup offers a high-probability long opportunity targeting the $4,300 zone. Watch for a confirmed breakout and possible retest to load long positions with solid risk-reward.
OANDA:XAUUSDLong
by GoldMasterTrades
EUR/JPY Technical Breakdown: Rising Wedge Breakdown + Target🔺 1. Rising Wedge Pattern Explained A Rising Wedge is formed when: Price action creates higher highs and higher lows, but The slope of the support line is steeper than the resistance line. This signals that buyers are losing strength, and momentum is fading. In this chart: The wedge began forming around mid-February 2025. Price was compressing within converging trendlines. After multiple failed breakouts near resistance (~165.50), the pair finally broke below the lower trendline, confirming a bearish breakout. This pattern is considered reliable because it traps late buyers and shifts sentiment from bullish to bearish quickly once the lower boundary is breached. 🔻 2. Key Technical Zones 📌 Major Resistance Zone (~165.00 – 166.00) Strong supply area; price has rejected here multiple times since late 2023. Resistance was confirmed again during the wedge formation. High volume spike noted near this level, followed by a steep drop—evidence of distribution and smart money exiting long positions. 📌 Major Support Zone (~156.00 – 157.00) Historically held as a demand zone. Previous bounces suggest it is structurally significant. However, repeated tests can weaken the zone, increasing the likelihood of a breakdown. 🎯 Target Price: 153.433 Measured by taking the height of the wedge and projecting it from the breakout point. Coincides with a previously tested level (support turned target). Bears could aim for this level as a swing target. 📉 3. Market Psychology Behind the Pattern As price climbs inside a rising wedge, volume often declines, showing buyer exhaustion. False breakouts near the top of the wedge trap breakout traders, adding fuel to the downside move once price breaks the lower boundary. The sharp selloff post-breakout is often driven by stop-loss cascades and aggressive short positioning. 🔁 4. Potential Price Path & Trade Plan Retest in Progress: Price may retest the broken wedge support (now resistance) near 163.00–164.00 before further decline. This retest zone offers a high-probability short entry opportunity with tight risk management. Immediate Downside Levels: 160.00 (psychological level), 157.00 (support zone), and final target at 153.43. Bearish Continuation Scenario: If the pair maintains below the wedge and forms lower highs, it confirms ongoing bearish sentiment. 🛑 5. Risk Factors to Monitor ECB or BOJ monetary policy shifts (rate cuts/hikes, yield curve control updates). Risk-on vs risk-off flows, especially in times of geopolitical or macroeconomic shocks. Intervention by the Bank of Japan to protect JPY from excessive weakening. ✅ Conclusion: A Tactical Short Opportunity The EUR/JPY chart is setting up for a potential medium-term short swing trade following a confirmed rising wedge breakdown. With clear rejection from a long-standing resistance zone and fading bullish momentum, the technicals align for a move toward 153.43 over the coming weeks. Traders should watch for clean retests and structure-based entries, managing risk around 164.50 with profit-taking at key support zones along the path.
Short
by GoldMasterTrades
EUR/GBP – Bearish Triangle Breakdown in Play (Long-Term Setup)This EUR/GBP weekly chart is flashing a long-term bearish triangle pattern that has finally broken down, signaling potential for a major move to the downside. This setup is packed with high-confluence signals that traders should not ignore. 🔍 Pattern Breakdown: 📐 Bearish Triangle Pattern The pair has been forming lower highs while maintaining a relatively flat support base, forming a descending triangle, a classically bearish continuation pattern. The pressure has been building for over 6 years, with buyers failing to make new highs while sellers stepped in aggressively at lower levels. The triangle support has now been broken, and price is entering a retest phase, which is critical for confirming the breakdown. 🟧 Black Mind Curve Resistance A unique visual tool here is the Black Mind Curve — a curved trendline that mirrors the psychology of long-term resistance. This curve has consistently capped price action since the 2009 peak, reinforcing the dominance of sellers in this zone. Every time price reached this curve, it reversed — confirming it as a dynamic resistance. 🧱 Major Horizontal Resistance Zone The shaded blue zone around 0.92–0.93 represents a long-term resistance area, which has repeatedly rejected price for over a decade. This zone also aligns with the Black Mind Curve, adding to the confluence. The most recent swing high failed to break this area, and the pair rolled over again. 🔄 Retesting in Progress After the recent breakdown of triangle support, price is currently retesting the underside of the broken support line (now acting as resistance). This is a textbook setup: break → retest → continuation. If this retest fails (which is likely based on history), the bearish move should resume. 🎯 Bearish Target Projection The projected move from the triangle breakdown points to the 0.64330 area, which aligns with a major support level from early 2007 and 2008. This level is a high-probability magnet if the pattern plays out in full — giving a long-term swing trade or position-trading opportunity. 🧠 Why This Matters (Pro Insights) This chart is powerful because: It’s on the weekly timeframe – high conviction and larger moves. It shows a long-term squeeze finally breaking. Resistance is reinforced by multiple layers (curve + horizontal zone). Retest confirms possible continuation sell setup. This isn’t a short-term scalp — it’s a position trade idea that could develop over months or even a couple years, with a massive risk-reward potential. ⚠️ Trade Plan Summary Bias: Bearish Pattern: Descending Triangle (broken) Current Action: Retesting broken support Entry Zone: On bearish rejection near 0.8400–0.8450 Stop Loss: Above resistance zone (around 0.9285) Target: 0.64330 Risk/Reward: Potentially >4:1 on a swing basis
Short
by GoldMasterTrades
JPY/USD Weekly Chart – Bullish Triangle Breakout Pattern Forming🔍 Chart Pattern Breakdown: The chart is showing a symmetrical triangle pattern forming on the weekly timeframe of JPY/USD (Japanese Yen vs. US Dollar). This triangle is developing after a massive multi-year downtrend, which started all the way back in 2021. Such a triangle at the bottom of a trend often signals a potential reversal or a strong trend shift. Here's what's happening technically: 🔺 Triangle Formation (Consolidation Phase): Lower highs and higher lows indicate a clear symmetrical triangle. The price has been bouncing between these converging trendlines for months. This compression is like a spring — it’s storing energy and getting ready to break out. The triangle pattern is nearing its apex, which means a breakout is likely soon. 📉 Previous Trend Context: Before the triangle, the market had a strong bearish move — a downtrend that brought the pair into a major weekly support zone. This support zone (marked in light blue) around 0.0062–0.0063 has been tested and respected multiple times. 📊 Key Technical Zones: Support Zone: 0.0062 – 0.0063 — this is where price bounced and formed the base of the triangle. Resistance Zone / Triangle Top: Around 0.0071 – this is the upper boundary of the triangle. A breakout above this will confirm the bullish scenario. Target Area: 0.00829 – derived from measuring the height of the triangle and projecting it from the breakout point. Major BOS (Break of Structure): Once price breaks above the triangle and the BOS line, it confirms a shift from bearish to bullish structure. SL Zone: Stop loss area is just below the support zone at 0.00629 to protect against false breakouts. 🔁 Retest Setup: After the breakout, it's common to see a pullback to retest the previous resistance (now turned support). That retest often provides a high-probability entry for swing and position traders. If it happens — that’s your golden moment! 🎯 Trade Plan (Example for Education): Entry Criteria Value/Zone Breakout Entry Above 0.0071 (confirmed candle close) Retest Entry 0.0069 – 0.0070 (support flip) Stop-Loss (SL) Below 0.00629 Target (TP) 0.00829 ✅ Why This Setup Matters: Clear structure on the weekly chart. Multi-touch points on both trendlines = strong pattern. Support zone backing the triangle base gives extra conviction. A breakout from such consolidation patterns often results in sharp movements. Risk/reward ratio is highly favorable. ⚠️ Risk Management Reminder: Always trade with a plan, use a stop-loss, and don’t jump into the breakout blindly. Volume confirmation or retest confirmation will help increase the success rate. These kinds of setups are powerful, but only when approached with discipline. 🧠 Final Thoughts: This JPY/USD triangle on the weekly chart is a textbook example of potential bullish reversal from a major downtrend. It’s showing signs of a structural shift, supported by strong support, tightening price action, and the chance for a breakout to deliver a major upside move toward 0.00829. If you’re a swing or position trader, keep this on your radar. Momentum is building — don’t miss the move when the breakout hits. 📈🔥
Long
by GoldMasterTrades
Silver Double Top at Major Resistance – Bearish Breakdown📌 Overview: This chart shows a classic Double Top Pattern forming on the weekly timeframe for Silver (XAG/USD). Price has reached a multi-year resistance zone and failed to break above it twice, signaling potential exhaustion of bullish momentum and the possibility of a larger trend reversal. 🧩 Detailed Pattern Breakdown: 🔹 1. Double Top Pattern The double top is one of the most reliable bearish reversal patterns, formed when the market tests a resistance level twice and fails to break it, creating two rounded or sharp peaks. In this case: Top 1 and Top 2 occurred near the $35–36 zone, clearly marked as a major resistance level. This indicates strong selling pressure from that zone. 🔹 2. Major Resistance Zone The $35–36 price range has historically acted as a ceiling for Silver prices. It rejected price several times between 2021 and 2025. When this kind of level holds, it often precedes sharp corrections, especially when volume begins to drop and momentum weakens. 🔹 3. Rising Trendline Break After forming the double top, price broke down through a key ascending trendline, a sign that the bulls are losing control. The breakdown is further confirmed by a strong bearish candle, closing below both the trendline and a critical SR (Support-Resistance) Interchange zone. 🔹 4. Retesting in Progress Post-breakdown, the price action is now retesting the broken trendline and horizontal zone (~$28). This is a crucial moment: If Silver gets rejected here, it confirms the bearish breakout and signals entry for sellers. If it reclaims this level, the bearish setup could fail, and price might consolidate or resume uptrend. 🔹 5. SR - Interchange Zone This zone is marked because it acted as resistance during the 2022-2023 period, and then flipped into support in 2024. Currently, it’s being tested from below, making it an SR flip retest. These zones often become inflection points. 🔹 6. Black Mind Curve Support An important and unique addition is the “Black Mind Curve Support” – a curved dynamic trendline that has historically aligned with price retracements. The projected path shows that the curve and horizontal support (~$22.68) intersect, strengthening the significance of that level. 🔹 7. Measured Move & Target Based on the height of the Double Top pattern (approx. $10 range from top to neckline), the measured move places the target near $22.68, which matches both: Historical demand zone Curve support This alignment makes $22.68 a realistic and strong downside target. 🧭 Strategic Summary: Pattern Type: Double Top (Bearish Reversal) Key Resistance: $35–36 (Multi-year rejection level) Trendline: Broken (Bearish confirmation) Retesting Area: $28–29 zone (Watch for rejection) Downside Target: $22.68 (Confluence of support zones) Invalidation: Clean weekly close above $35 🔍 What Traders Should Watch: ✅ Bearish Candlestick Confirmation at the retest zone (e.g. bearish engulfing, shooting star). ✅ Increased volume on drop, confirming participation by larger players. 🚫 Invalidation signal would be a sustained move and close back above the resistance zone. ⚖️ Risk Management Tip: This pattern offers a high risk-to-reward ratio trade setup. Short entries on the retest with stop loss above $36 can provide substantial downside potential toward $22–23, especially in a commodity market prone to sharp retracements. 📌 Final Thoughts: Silver appears to be forming a clean double top reversal at a long-term resistance. If the current retest fails, a significant correction may follow, targeting the $22.68 level. This pattern, combined with key support-resistance dynamics and psychological zones, makes this setup worth monitoring for medium- to long-term traders.
OANDA:XAGUSDShort
by GoldMasterTrades
3
Bitcoin (BTC/USD) – Rising Wedge Pattern Signals & BreakdownThis chart illustrates a Rising Wedge Pattern on the weekly timeframe for Bitcoin (BTC/USD), which is generally considered a bearish reversal pattern in technical analysis. The pattern appears after a strong upward move and typically signals that the price is losing momentum and may be preparing for a significant correction. 📐 What is a Rising Wedge Pattern? A rising wedge is a chart pattern formed when the price consolidates between two upward-sloping trendlines – the support line (bottom) and the resistance line (top) – with the two lines converging toward each other. As price climbs higher, it forms higher highs and higher lows. However, the slope of the highs is less steep than the slope of the lows, showing a loss of bullish strength. Eventually, the price breaks below the support line, often leading to a sharp move downward. 🔍 Key Highlights from the Chart: 📌 1. Major Resistance Zone (~$110K–$120K): BTC is currently facing heavy resistance in this area. This zone has historically acted as a supply zone where bulls have struggled to break through. Multiple rejection wicks indicate strong selling pressure. 📌 2. Pattern Touchpoints: BTC has now formed multiple touchpoints on both the support and resistance lines of the wedge, confirming the structure. This gives the pattern higher validity from a technical analysis perspective. 📌 3. SR Interchange Zone (~$65K–$70K): This is a key horizontal zone where past resistance could act as future support. A successful breakdown may first test this level before continuation. 📌 4. Retesting After Breakdown: After breaking the wedge support, a retest of the broken trendline is often seen. If the retest is rejected, it confirms the breakdown and opens the door to deeper bearish movement. 🎯 Target Projection: If the wedge breaks down and the bearish scenario plays out, we could see Bitcoin fall to the $22,000–$25,000 region – marked as the final target zone on the chart. This level aligns with: Previous macro-support zones from 2021 Fibonacci retracement levels Psychological price levels where buyers may re-enter ⚠️ Bearish Factors to Watch: Bearish divergence on indicators like RSI or MACD (not shown on chart but worth checking) Volume decreasing as price rises – a classic wedge behavior Macroeconomic headwinds or Bitcoin halving-related exhaustion Rejection from major resistance with strong bearish candles 🕒 Timeframe & Patience: This is a weekly chart, which means the pattern will play out over weeks or months, not days. Patience is key. A clear break, retest, and rejection would be the most reliable confirmation to expect further downside. ✅ Invalidation Scenario: If BTC breaks above the wedge resistance line with strong bullish volume and holds above the $120K level, this bearish thesis becomes invalid. In that case, BTC could enter price discovery mode, making new all-time highs. 💬 Final Thoughts: This analysis is a technical outlook, not financial advice. Always use stop-loss strategies and manage your risk carefully. Market sentiment, news, and macro factors can quickly shift the scenario. However, from a purely technical standpoint, the rising wedge pattern is a powerful signal that should not be ignored.
CRYPTO:BTCUSDShort
by GoldMasterTrades
1
Learn TOP 3 Elements of a Perfect SWING TRADE (GOLD, FOREX) In the today's post, I will share with you a formula of ideal swing trading setup. ✔️Element 1 - Market Trend When you are planning a swing trade, it is highly recommendable that the direction of your trade would match with the direction of the market trend. If the market is trading in a bullish trend, you should look for buying the market while if the market is bearish, you should look for shorting. Take a look at CHFJPY pair on a daily. Obviously, the market is trading in a bullish trend and your should look for swing BUYING opportunity. ✔️Element 2 - Key Level You should look for a trading opportunity from a key structure. IF the market is bullish, you should look for buying from a key horizontal or vertical SUPPORT, WHILE if the market is bearish, you should look for shorting from a key horizontal or vertical RESISTANCE. CHFJPY is currently approaching a rising trend line - a key vertical support. Please, note that if the price is NOT on a key structure, you should patiently wait for the test of the closest one. ✔️Element 3 - Confirmation Once the market is on a key level, do not open a trading position blindly. Look for a confirmation - for the sign of strength of the buyers, if you want to buy or for the sign of strength of the sellers, if you are planning to short. There are dozens of confirmation strategies, one of the most accurate is the price action confirmation. Analyzing a 4H time frame on CHFJPY, we can spot a falling wedge pattern. While the price is stuck within that, the minor trend remains bearish. Bullish breakout of the resistance of the wedge will be the important sign of strength of the buyers and can be your strong bullish confirmation. Following these 3 conditions, you will achieve high win rate in swing trading. Try these techniques yourself and good luck in your trading journey. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:XAUUSDEducation
by VasilyTrader
10
EUR/CAD LongMacro fundamentals favor EUR strength: Strong Q1 GDP, sticky inflation, and no urgency for ECB rate cuts. CAD is weakening: Oil prices are down ~15% for the month, BoC is leaning dovish, and trade risks remain elevated. Technical structure is bullish: EUR/CAD broke above multi-year resistance at 1.5500. Price is now pulling back into that zone, which is likely to act as support (classic break-and-retest setup). Monthly and weekly candles both support a bullish continuation, and this entry gives you a clean structure with tight risk and high reward potential. EUR/CAD Swing Long Trade Setup Entry: 1.5520 (buy limit) Stop Loss: 1.5375 (below weekly structure and invalidation point) Take Profit 1: 1.5800 Take Profit 2: 1.6000
Long
by tradercat2025
NFP ANALYSIS🚀#NFP Analysis : Pattern Formation💲💲 🔮As we can see in the chart of #NFP that there is a formation inverse head and shoulder pattern and it's a bullish pattern. Also there is a perfect breakout and retest of the levels. This indicates a potential bullish move.📈📈 🔰Current Price: $0.0910 🎯 Target Price:    $0.1100 ⚡️What to do ? 👀Keep an eye on #NFP price action. We can trade according to the chart and make some profits. The price must close above the neckline. After that we will see a bullish move. ⚡️⚡️ #NFP  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1