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Technical Analysis

Silver (XAG/USD) – Rising Wedge Breakdown & Bearish OutlookChart Overview This is a 1-hour chart of Silver (XAG/USD) from OANDA, showing recent price action forming a rising wedge pattern followed by a bearish breakdown. The price initially rallied within the wedge but failed to sustain gains above the key resistance zone, leading to a strong rejection and downward momentum. Key Chart Elements & Analysis 1. Rising Wedge Formation (Bearish Pattern) The market was in an uptrend, forming higher highs and higher lows within a rising wedge pattern. A rising wedge is a classic bearish reversal pattern, which indicates weakening buying pressure as price consolidates upward. The price eventually broke below the lower trendline, signaling a shift in momentum from bullish to bearish. 2. Resistance Zone & Rejection A strong resistance zone was identified around $33.80 - $34.20 USD (highlighted in blue). Price attempted multiple times to break above this level but faced selling pressure, leading to a sharp reversal. The final breakout attempt failed, confirming that sellers are in control. 3. Breakdown & Retest of Support After breaking down from the wedge, the price found temporary support around $33.20 USD, which aligns with a previous consolidation area. A retest of the broken wedge support turned into resistance, further confirming the bearish bias. The rejection from this level strengthened the case for a move lower. 4. Next Support Level & Target Projection The next significant support zone is around $31.95 - $32.00 USD (marked as the "Target" area). This level coincides with previous price action support, making it a high-probability bearish target. The breakdown is expected to follow a measured move projection, bringing price toward this level. Trade Plan & Execution Strategy 📉 Bearish Setup (Short Opportunity) Ideal Entry: A pullback to the previous support (now resistance) at $33.20 - $33.40 USD could offer an entry for shorts. Stop-Loss: Above $33.80 USD, just above the resistance zone. Target Levels: Primary Target: $32.50 USD Final Target: $31.95 - $32.00 USD Confirmation: Look for price rejection or bearish candlestick formations at resistance before entering. ⚠️ Risk Management & Considerations Bullish Scenario: If price reclaims $33.80 USD, the bearish setup could be invalidated, and a move higher toward $34.50 USD is possible. Market Conditions: Keep an eye on macroeconomic factors, news events, and USD strength, as they can influence silver prices. Conclusion: Bearish Outlook with Downside Target 🎯 The rising wedge breakdown signals further downside potential. A support retest rejection confirms selling pressure. $31.95 - $32.00 USD remains the main target, aligning with technical projections. Short positions with proper risk management remain favorable in this setup.
OANDA:XAGUSDShort
by GoldMasterTrades
TRX ANALYSIS📊 #TRX Analysis ✅There is a formation of Falling Wedge Pattern on 12 hr chart and currently trading around its major support zone🧐 Pattern signals potential bullish movement incoming after a breakout 👀Current Price:  $0.2290 🚀 Target Price:    $0.2500 ⚡️What to do ? 👀Keep an eye on #TRX price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #TRX  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
EUR/USD 4H Analysis – Bearish Breakdown Setup1. Market Structure & Trend The EUR/USD chart shows a previous uptrend, confirmed by the ascending trendline, where the price made higher highs and higher lows. However, the trendline has now been broken, signaling a potential shift in market direction. The price is currently retracing from a key resistance zone, and a possible bearish continuation is expected. 2. Key Levels & Zones ✅ Resistance Zone (1.09563 - 1.1000): This blue-shaded area represents a strong resistance level, where sellers have stepped in multiple times. Price previously attempted to break this level but failed, forming a rejection. This suggests buyers are losing strength, and sellers are likely to dominate. ✅ Support Level (1.0800 - 1.0780): A critical support zone, which acted as a demand area in the past. If price breaks below this level with strong bearish momentum, it confirms a trend reversal. ✅ Target Level (1.06870): The next major downside target aligns with previous market structure and liquidity zones. This area marks a key demand zone, where buyers might step in again. 3. Trade Setup & Execution Plan 🔹 Entry Strategy A sell entry is ideal on a confirmed break and retest of the support zone at 1.0800. If price retests this level and forms bearish rejection candles (such as pin bars or engulfing patterns), it strengthens the bearish bias. 🔹 Stop Loss & Risk Management A stop loss should be placed above the resistance zone at 1.09563, ensuring a safe exit if the market reverses bullish. Risk-to-Reward Ratio (RRR): Entry: Below 1.0800 (after confirmation). Stop Loss: Above 1.09563 (resistance zone). Target: 1.06870 (support zone). RRR: Around 1:3, meaning potential profit is three times the risk. 4. Confirmation Indicators & Confluences ✅ Bearish Trendline Break: The ascending trendline has been broken, confirming a possible shift in trend. ✅ Support Flip: If the price breaks support and retests it as resistance, it confirms bearish continuation. ✅ Price Action Candlestick Patterns: Look for bearish engulfing candles, pin bars, or rejection wicks at key levels. ✅ Volume Analysis: Increased selling pressure after support break indicates strong bearish momentum. 5. Final Thoughts & Bias 📉 Bias: Bearish (Unless resistance is reclaimed). 💡 Key Watch: Break and retest of 1.0800 support for confirmation. ⚠️ Risk Management: Always use a stop loss to manage risk effectively. Conclusion This setup presents a high-probability short trade with a clear entry, stop loss, and target. Traders should wait for confirmation signals before executing the trade. If price breaks above resistance, the bearish outlook is invalidated. 🔔 Stay cautious and trade with discipline! 🚀
Short
by GoldMasterTrades
CHF/USD Bearish Reversal: Trendline Break Strong Sell-Off!his CHF/USD (Swiss Franc/U.S. Dollar) 1-hour chart showcases a bearish trading setup, signaling a potential downside move after a failed breakout at a key resistance level. Below is a comprehensive breakdown of the chart, highlighting key technical elements, potential trade setups, and risk management considerations. 1. Identified Chart Pattern – Cup & Handle (Failed Breakout) The chart initially formed a Cup and Handle pattern, a bullish continuation setup where: The rounded bottom (cup) indicated accumulation and a gradual shift in trend from bearish to bullish. The handle consolidation represented a minor pullback before a potential breakout. However, the pattern failed to hold its bullish momentum. Instead of continuing higher, the price was rejected at the resistance level (ATH – All-Time High), signaling a shift in sentiment. 2. Key Technical Levels Resistance Level + ATH (All-Time High) The price reached a significant resistance zone (marked in blue), aligning with an all-time high (ATH) level. Multiple rejections at this level indicate strong selling pressure, making it a potential distribution area where smart money is offloading positions. Support Level + Reversal Zone After rejection from the resistance, the price retraced to a critical support zone, previously acting as a demand area (buyers stepping in). A break below this level confirms bearish momentum, increasing the likelihood of further downside movement. Trendline Break – Bearish Confirmation The trendline (marked in black) represents the primary uptrend support that guided price movement. The break below this trendline signals a loss of bullish strength, increasing the probability of a trend reversal rather than a continuation. 3. Projected Price Movement – Bearish Scenario Given the trendline break and rejection from resistance, the chart suggests a bearish wave with the following expectations: A retest of the broken trendline and support zone before continuing downward. Lower highs and lower lows formation – confirming a new downtrend. A potential drop towards key downside targets (marked as TP1, TP2, and the final target). Take Profit (TP) Targets: ✅ TP1 (1.1128): A minor support level where price may find temporary buying interest. ✅ TP2 (1.1111): A more significant support area that previously acted as demand. ✅ Final Target (1.1035): The ultimate downside objective, aligning with a major support zone and historical price action levels. Stop-Loss Placement (SL): 📍 Above the broken trendline OR the recent swing high, ensuring protection against false breakouts or retracements. 4. Trade Execution & Risk Management Entry Strategy (For Short Positions) 🔹 Aggressive Entry: Enter short immediately after the support zone break. 🔹 Conservative Entry: Wait for a retest of the support-turned-resistance area for confirmation before shorting. Risk-Reward Ratio Consideration: A properly placed stop-loss above resistance ensures a favorable risk-to-reward ratio. Ideal ratio: 1:2 or better, meaning potential reward should be at least twice the risk. 5. Market Sentiment & Possible Alternative Scenario While the primary outlook is bearish, traders must remain flexible and monitor price action closely: If price reclaims the support zone and breaks above resistance, it invalidates the bearish setup, shifting momentum back to bullish. A sustained close above the trendline could trap early sellers, leading to a short squeeze rally back toward resistance. 6. Final Thoughts 🔹 Bearish Bias: This setup favors downside movement due to trendline break, resistance rejection, and market structure shift. 🔹 Key Levels to Watch: Support zone retest, trendline confirmation, and target levels. 🔹 Risk Management is Essential: Using stop-loss protection and proper trade sizing to mitigate potential losses. Conclusion: High-Probability Bearish Setup 🚀 The CHF/USD pair has shifted to a bearish structure after failing to break its ATH resistance. The breakdown of the trendline and key support level suggests a strong sell-off towards the 1.1035 target. Traders should look for short opportunities on pullbacks while managing risk effectively. Would you like me to refine or simplify any part of this analysis for your TradingView post? 📉🔥
Short
by GoldMasterTrades
Can further declines in DXY attract buyers of this commodity?ICEUS:CT1! futures have been on a steady decline for some time now. Could potential further declines in DXY attract buying interest of MARKETSCOM:COTTON ? Let's dig in. Let us know what you think in the comments below. Thank you. 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
M
by Marketscom
GOLD (XAU/USD) Trading Plan: Can Gold Surge Past $3100?🚀Published by MMFlowTrading on 20 March 2025 📊 Market Snapshot Gold (XAU/USD) is riding a strong uptrend on the H1 chart, moving within a clear ascending channel 📈. After breaking the $3000 psychological barrier, bullish momentum remains intact 💪. However, with key resistance ahead and US economic data on the horizon, volatility could spike. Let’s break down the setup for today’s trading session! 🧠 🔍 Technical Analysis Ascending Channel: Gold is trading in a well-defined ascending channel (highlighted in orange on the chart) 📉📈. The price has respected both the upper and lower boundaries, confirming a solid uptrend. It’s currently testing the upper channel resistance at $3070.612 🚧 Key Resistance Levels: Immediate resistance at $3070.612, a high-volume area (VPOC) where sellers may step in 🛑 A break above could target $3081.053, then $3097.774, with $3100 as the next psychological level 🎯 Key Support Levels: Nearest support at $3031.774, aligning with the channel’s lower boundary and a prior VPOC 🛡️. A deeper pullback might test $3024.254 or $3017.197, where buyers previously defended (marked by yellow circles) 📍 Additional Levels to Watch: Resistance: $3054 - $3061 - $3070 🚧 Support: $3044 - $3038 - $3031 - $3026 🛡️ 🌍 Fundamental Insights US Dollar Dynamics: Gold often moves inversely to the USD 💱. Today, 20 March 2025, markets are focused on the US Jobless Claims data (due at 13:30 GMT) and Fed speeches, which could sway the Dollar 📅. A weaker-than-expected US report may weaken the USD, boosting Gold towards $3100 🚀. Safe-Haven Demand: Geopolitical tensions (e.g., Middle East unrest, US-China trade talks) continue to support Gold as a safe-haven asset 🛡️. This underpins the bullish outlook for now. Interest Rate Environment: The Fed’s dovish tone in early 2025 has lowered the opportunity cost of holding Gold, supporting its upward trajectory 📉. Meanwhile, keep an eye on UK inflation data this week, as it could impact GBP and indirectly influence Gold. 📝 Trading Plan Buy Opportunity (Buy Zone: $3032 - $3030) 🟢 Stop Loss (SL): $3026 ⛔ Take Profit (TP): $3038 - $3042 - $3046 - $3050 - $3060 💵 Sell Opportunity (Sell Zone: $3069 - $3071) 🔴 Stop Loss (SL): $3075 ⛔ Take Profit (TP): $3065 - $3060 - $3055 - $3050 💵 ⚠️ Market Alert Gold has been hitting all-time highs following the FOMC meeting earlier today 🌪️. With US data due during the London session, expect volatility—stick to your TP/SL to safeguard your account! 🛡️💡
OANDA:XAUUSDShort
by MMFlowTrading
JPY/USD Breakout from Falling Channel – Bullish Trading SetupOverview of the Chart: The Japanese Yen (JPY) against the U.S. Dollar (USD) 1-hour chart showcases a well-defined market structure, transitioning from a downtrend within a falling channel to a breakout with bullish momentum. The chart highlights critical support and resistance levels, a confirmed breakout, and a forecasted price movement that could indicate further bullish continuation. This analysis will break down the chart patterns, technical indicators, and potential trade setups, providing a professional outlook on price action behavior. Technical Breakdown of the Chart 1. Falling Channel Pattern – Downtrend Phase The price had been trading within a descending channel, marked by two parallel trendlines (blue lines), indicating a controlled downtrend. A falling channel is a bullish reversal pattern, as it signals that bearish momentum is weakening. Within the channel, price action consistently created lower highs and lower lows, adhering to the structure of the pattern. The red dashed trendline inside the channel acted as a dynamic resistance, rejecting price movements multiple times before the breakout. 📌 Key Observation: The falling channel pattern suggests accumulation, where selling pressure gradually diminishes, paving the way for a bullish reversal. 2. Support Zone & Bullish Breakout The price eventually reached a strong horizontal support level (highlighted blue zone at the bottom), which acted as a critical demand area. This support level had previously led to strong rebounds, making it a significant zone for potential reversals. Bullish breakout confirmation: A strong bullish candle closed above the upper boundary of the channel, breaking the trendline resistance. The breakout suggests a shift in market structure from a downtrend to an uptrend, as buyers regained control. The price has now moved above the previous resistance, confirming the bullish momentum. 📌 Key Takeaway: The breakout is a strong signal that sellers have lost control, and a potential bullish trend could emerge. 3. Resistance Zone – Key Barrier for Buyers The next area of interest is the resistance level (highlighted in a blue rectangular zone). This level has historically acted as a strong supply zone, where price previously struggled to break through. If the price manages to sustain above this level, it would confirm bullish continuation toward higher price targets. 📌 Technical View: If buyers break past this resistance, it could lead to a strong bullish rally, reinforcing the new uptrend. 4. Target Projection & Forecasted Price Movement The chart outlines a forecasted bullish path using a zigzag projection (black lines). Here’s the expected price action: Short-Term Movement: Price might face temporary resistance near the blue resistance zone. A minor pullback or consolidation in this area is expected before further movement. Retest of Support: If price pulls back, it could retest the broken channel resistance or the support zone. A successful retest and bounce would validate the strength of the breakout. Bullish Continuation: If the resistance zone is broken, price is likely to continue toward the target level of 0.006842, a previous swing high. This level acts as the final upside target based on historical resistance levels. 📌 Key Insight: The market structure suggests that price will follow a higher-high, higher-low pattern, which is characteristic of an uptrend.
Long
by GoldMasterTrades
BTCUSD | Rising Wedge Breakdown – Bearish SetupChart Overview: This chart represents Bitcoin (BTC/USD) on the 1-hour timeframe and showcases a Rising Wedge pattern. The price action has reached a key resistance level, and a potential breakdown scenario is unfolding. 1️⃣ Pattern Identification: Rising Wedge Formation A Rising Wedge is a bearish reversal pattern that forms when price moves within two converging upward-sloping trendlines. The narrowing price range indicates a weakening trend, and a breakdown usually leads to a significant price drop. Upper Trendline (Resistance): Marked in blue, this trendline connects the higher highs. Lower Trendline (Support): Also in blue, connecting the higher lows. Breakdown Confirmation: The price has already moved below the wedge support, confirming the bearish bias. 2️⃣ Key Price Levels & Zones 🔹 Resistance Zone (Blue Box) This strong resistance level has repeatedly rejected the price. The final rejection led to a breakout failure and potential trend reversal. 🔹 Support Zone (Blue Box) A strong demand zone, but a breakdown below it triggers a bearish trend. This level is now acting as potential resistance after the breakdown. 🔹 ATH (All-Time High) – $87,566 This marks the highest price level reached in the given timeframe. 3️⃣ Market Structure Breakdown 🔻 Bearish Momentum & Breakdown After touching the resistance, BTC failed to sustain upward movement. A breakout of the wedge's lower trendline confirms a trend reversal. Price action suggests a lower-high, lower-low structure, indicating a bearish market shift. 📉 Expected Price Movement (Wave Structure) The breakout retest could result in a small pullback to previous support (now resistance). After confirmation, price is likely to continue downward in a wave-like structure. Fibonacci levels or key support zones will act as profit-taking targets. 4️⃣ Trade Setup & Targets 🔻 Short Setup (Bearish Trade Idea) Entry: On a successful retest of the broken support zone. Stop-Loss (SL): Above the previous resistance zone for risk management. Take Profit (TP) Targets: TP 1: $81,638 TP 2: $77,897 Final Target: $74,990 5️⃣ Summary & Conclusion 📌 BTC/USD has broken out of a Rising Wedge pattern, confirming a bearish trend. 📌 A pullback and retest may occur before further downside continuation. 📌 The chart suggests a short opportunity, targeting lower support zones for potential profit-taking. 📌 Traders should manage risk with a well-placed stop-loss above key resistance. This setup aligns with technical analysis principles, confirming a high-probability short trade for BTC. 🚀
BShort
by GoldMasterTrades
1
Gold (XAU/USD) Trading Setup – Short Opportunity with Key Target📌 Chart Overview This is a 1-hour (H1) candlestick chart of XAU/USD (Gold to US Dollar), displaying a potential short (sell) trading setup. The price action suggests that gold is testing a strong resistance zone, and if it gets rejected, a bearish move could follow. The chart includes key technical elements like trendlines, support/resistance levels, and take-profit (TP) zones. 🛠️ Technical Breakdown 1️⃣ Uptrend and Resistance Test Gold has been in a strong uptrend, as seen from the ascending trendline supporting price movements since March 14. The price is currently testing a major resistance zone around the ATH (All-Time High) + Resistance Level (~$3,057-$3,072). A rejection from this level would indicate a potential trend reversal or pullback before any further bullish continuation. 2️⃣ Sell Stop Placement – Waiting for Confirmation Instead of entering a trade immediately, a Sell Stop order is placed below the trendline. This means the trade will only activate if the price breaks down from the trendline support, confirming bearish momentum. 3️⃣ Target Levels (Take Profit Zones) Once the sell trade is activated, the price is expected to move toward the following TP (Take Profit) zones: TP 1 (~$3,045) – First minor support; price might pause or bounce briefly. TP 2 (~$3,037-$3,040) – A stronger support zone, where profit can be partially secured. TP 3 (~$3,029-$3,028) – The final target, aligning with a significant support level. This is the most crucial zone where price could reverse or consolidate. 4️⃣ Support Zone and Potential Bounce The green-shaded area represents a strong support level (~$3,028-$3,030), previously tested in past price action. If the price reaches this area, buyers might step in, potentially pushing gold back up. 📉 Trade Execution Plan ✔️ Entry: Below the trendline, activated by the Sell Stop order. ✔️ Stop Loss: Above the resistance level (~$3,072) to limit risk. ✔️ Profit Targets: TP1, TP2, and TP3 (scaling out profits). ✔️ Confirmation Factors: Rejection from resistance, trendline breakdown, and bearish momentum indicators. 🔎 Final Thoughts & Market Sentiment If price fails to break the trendline, gold might continue its bullish run toward new highs. If the breakdown occurs as anticipated, a strong short trade opportunity is present. Always monitor fundamental factors (like economic data and news) that could impact gold prices. Risk Management Tip: Use proper position sizing and a trailing stop to lock in profits if the trade moves in favor. ✅ 📊 Conclusion : A well-structured short setup, with a solid risk-reward ratio and defined execution plan. Happy trading! 🚀📉
OANDA:XAUUSDShort
by GoldMasterTrades
Nightly $SPY / $SPX Scenarios for March 20, 2025🔮 🔮 🌍 Market-Moving News 🌍: 🇨🇳🏦 People's Bank of China (PBOC) Interest Rate Decision 🏦: On March 20, the PBOC will announce its latest interest rate decision. While specific expectations are not detailed, any adjustments could influence global markets, particularly in the Asia-Pacific region. ​ 🇬🇧🏦 Bank of England Interest Rate Decision 🏦: The Bank of England is scheduled to announce its interest rate decision on March 20. Analysts anticipate that the central bank will maintain the current rate at 4.5%, following a recent reduction. This decision will be closely watched for its implications on the UK economy and global financial markets. ​ 📊 Key Data Releases 📊: 📅 Thursday, March 20: 📉 Initial Jobless Claims (8:30 AM ET) 📉:This weekly report indicates the number of individuals filing for unemployment benefits for the first time, providing insight into the labor market's health. Forecast: 225,000​ Previous: 220,000​ 🏭 Philadelphia Fed Manufacturing Index (8:30 AM ET) 🏭:This index measures manufacturing activity in the Philadelphia Federal Reserve district, with positive numbers indicating expansion. Forecast: 10.0​ Previous: 18.1​ 🏠 Existing Home Sales (10:00 AM ET) 🏠:This data reflects the annualized number of previously constructed homes sold during the prior month, offering insights into the housing market's strength. Forecast: 3.95 million annualized units​ Previous: 4.08 million annualized units ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AShort
by TrendTao
#XLM #XLMUSDT #Stellar #Analysis #Eddy#XLM #XLMUSDT #Stellar #Analysis #Eddy Everything is clear on the chart, I didn't have enough time to explain further. From the supply area, with or without the area hunt, it can fall to the demand area. Then you can invest in your style by getting the necessary confirmations when the high-time divergence is completed, which is probably the third collision on the lines marked in the demand area. This analysis is only to show important areas. It is never too late to buy and invest. Do not rush and do not be fooled by the positive movements and reactions of the market. Wait for the price to reach its valuable areas. In the analysis of the Atom currency, as you can see, there is a strong demand area that is intact. Be patient until the price falls from the decision or extreme flips to the green area of ​​the important demand area. Be sure to check this currency in your monthly time frame and draw the areas. Then refer to the weekly, daily and four-hour time frames and draw the lower time areas and look for confirmation for volatility. Do not rush to invest and buy spot and let the price reach the support area. Important areas are drawn and labeled so you can make informed decisions. Good luck.
by Eddy_Trade_
ETHEREUM -Weekly forecast,Technical Analysis & Trading IdeasMidterm forecast: While the price is above the support 1521.00, beginning of uptrend is expected. We make sure when the resistance at 2090.33 breaks. If the support at 1521.00 is broken, the short-term forecast -beginning of uptrend- will be invalid. BITSTAMP:ETHUSD MARKETSCOM:ETHEREUM Technical analysis: A trough is formed in daily chart at 1750.30 on 03/11/2025, so more gains maximum to Major Resistance (2090.33) is expected. Take Profits: 2362.31 2546.73 2801.10 3042.75 3516.43 3741.60 4107.80 4500.00 4868.00 __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . . . . Hit the 'BOOST' button 👍 . . . . . . . . . . . Drop some feedback in the comments below! (e.g., What did you find most useful? How can we improve?) 🙏 Your support is appreciated! Now, it's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
BLong
by ForecastCity
11
#FARTCOINUSDT is showing bullish momentum📈LONG BYBIT:FARTCOINUSDT.P from $0.3590 🛡 Stop Loss: $0.3465 🕒 Timeframe: 1H ⚡️ Overview: ➡️ BYBIT:FARTCOINUSDT.P is showing bullish momentum on the 1-hour timeframe. ➡️ The price has recently broken through the resistance zone at $0.3590, which could serve as an entry point for a long position. ➡️ The chart shows an accumulation zone in the $0.3374–$0.3590 range, where volumes (visible on the volume profile to the left) indicate strong buyer interest. ➡️ The POC (Point of Control) is at $0.3462, confirming support below the current price. ➡️ The price is maintaining an uptrend structure: higher lows and highs are forming, and the breakout at $0.3590 is accompanied by increasing volumes, signaling bullish activity. ➡️ The #RSI (14) indicator on the 1H timeframe is at 65, indicating bullish momentum without being overbought, leaving room for further growth. 🚀 Plan: ➡️ Entry: Buy above $0.3590 after the 1-hour candle closes above this level to confirm the breakout. ➡️ Stop Loss: Set at $0.3465 (below the support zone and POC), which provides a 3.5% risk from the entry point and protects against false breakouts. ➡️ Risk/Reward Ratio: From 1:2 (for TP1) to 1:5.5 (for TP3), making this trade attractive from a risk management perspective. 🎯 Take Profit Targets: 💎 TP1: $0.3660 (nearest resistance level, +1.9% from entry) 💎 TP2: $0.3730 (zone of previous highs, +3.9%) 💎 TP3: $0.3790 (key growth target, +5.6%) 📢 A price consolidation above $0.3590 with sustained volume increases the likelihood of reaching the targets. The $0.3660 and $0.3730 levels may act as profit-taking zones, so monitor price action in these areas. 📢 Risks: If the price drops below $0.3465, it could signal a false breakout and a return to the consolidation zone of $0.3374–$0.3465. In this case, consider reassessing the position. 📢 Market Context: The rise of BYBIT:FARTCOINUSDT.P may be supported by the overall positive sentiment in the crypto market. As of March 19, 2025, BYBIT:BTCUSDT.P is trading steadily above $90,000, creating a favorable backdrop for altcoins. BYBIT:FARTCOINUSDT.P is showing strength and potential for growth on the 1H timeframe. A confirmed breakout above $0.3590 is your signal to act! We expect a move toward the $0.3660–$0.3790 levels.
Long
by MoriartyTrading
Gold (XAU/USD) – Bearish Reversal Setup from ResistanceAnalysis: Gold (XAU/USD) has been trading within a well-defined ascending channel on the 4-hour timeframe. The price is now approaching the key resistance zone around $3,054, where sellers may become active. A potential bearish rejection could lead to a reversal towards the $2,980 target level, aligning with previous support. The setup suggests a sell opportunity at resistance, expecting a downward move. Trading Plan: Entry: Consider selling near $3,054 after confirmation of rejection. Target: $2,980 (Support level). Stop-Loss: Above recent highs to manage risk. Conclusion: If the price fails to break above resistance, XAU/USD could see a pullback, offering a shorting opportunity. Traders should watch for bearish signals before entering trades.
OANDA:XAUUSDShort
by PIPsOptimizer
EURGBP Bearish Continuation Setup Potential Drop to Key Support📌 Overview: The EUR/GBP pair is showing signs of bearish continuation after failing to break above key resistance levels. Price action indicates a potential downward move towards a major support zone, aligning with the overall market structure. 🔎 Technical Analysis: The pair has formed a lower high, indicating weakness in bullish momentum. A breakdown from the recent consolidation zone suggests sellers are in control. Price has breached a key support level, turning it into a resistance zone. The market structure indicates a potential drop towards 0.82773, which aligns with a previous support area. 📊 Key Price Levels: ✔ Resistance: 0.84000 - 0.84200 (previous support turned resistance) ✔ Current Price: 0.83876 ✔ Target: 0.82773 (major support and liquidity zone) ✔ Stop Loss: Above 0.84000, invalidating the bearish setup 📉 Trade Plan & Execution: 🔹 Entry Strategy: Traders can look for a retest of broken support (now resistance) near 0.84000 to confirm selling pressure. A bearish rejection candle (such as a shooting star, bearish engulfing, or pin bar) could confirm the continuation of the downward trend. 🔹 Profit Target: The primary target is 0.82773, which acts as a strong demand zone from previous price action. 🔹 Risk Management: A stop loss should be placed above 0.84000, as a break above this level would invalidate the bearish setup. Maintaining a favorable risk-to-reward ratio (1:2 or better) is advisable for optimal trade execution. 📢 Market Outlook & Considerations: ✅ Bearish Confirmation: Sustained rejection from resistance and lower highs strengthen the bearish outlook towards 0.82773. 🚨 Bullish Reversal Risk: A break above 0.84000 could invalidate the setup, signaling a potential return to bullish momentum. 📊 Fundamental Factors: Keep an eye on GBP and EUR-related economic data, central bank policies, and risk sentiment, which could impact price movements.
Short
by PIPsOptimizer
EUR/USD Bullish Continuation Setup📈 Trend Analysis: The price is trading within a rising channel, suggesting an overall bullish trend. The market recently pulled back to a key support level, presenting a potential buy opportunity. 🔍 Key Levels: Buy Zone: Around 1.08680 - 1.08966, marking strong support. Target: 1.10140, aligning with the upper trendline resistance. 📌 Trade Plan: Look for buy entries near the lower boundary of the ascending channel. Confirmation through bullish candlestick patterns (e.g., engulfing, pin bar) strengthens the setup. ⚠ Risk Management: Stop loss: Below the 1.08680 support level. Take profit: Gradually scale out at 1.10140 resistance.
Long
by PIPsOptimizer
USD/JPY Bearish Continuation📉 Trend Analysis: The chart shows a breakdown from an ascending channel, indicating a potential bearish reversal after an extended uptrend. Price has formed a descending channel, reinforcing the short-term bearish structure. 🔍 Key Levels: Sell Zone: Around 0.0066848 - 0.0066919, acting as resistance. First Target: Around 0.006490, a strong support area. Second Target: Around 0.0065692, marking a deeper level of bearish continuation. Final Target: Around 0.0064632, a critical demand zone. 📌 Trade Plan: Look for sell entries on a possible pullback to the resistance zone. Confirmation through rejection candles or continuation patterns could strengthen the bearish case. ⚠ Risk Management: Stop loss above the previous resistance around 0.0067184. Take profits gradually at key support zones.
Short
by PIPsOptimizer