Wave Analysis
TRBUSDT → High probability of a false breakoutBINANCE:TRBUSDT.P is testing resistance in the 38,700 range as part of a rally. The current strong movement may end in a false breakout...
TRB is forming a distribution pattern. After exiting consolidation, the price rallied 16%, exhausting its potential for further growth.
A false breakout of resistance could trigger a correction.
Bitcoin looks controversial in the overall situation. After a false breakout of the 110K resistance, the price is consolidating below the level. If the flagship correction begins, it may also trigger a correction in altcoins...
Resistance levels: 38,700
Support levels: 35.98, 33.65
If the price fails to consolidate above the level and continue to rise, this will confirm the absence of bullish potential. A false breakout and price consolidation below 38.700 will trigger a correction to 36 - 33
Best regards, R. Linda!
XAUUSD 1HThe chart you've provided is a technical analysis of Gold Spot price (XAU/USD) on a 1-hour timeframe. Here's a breakdown of the key elements:
1. Entry Zone (around 3,345 to 3,350):
This is the suggested area to consider a short (sell) position. The price appears to be approaching or reacting from this zone.
2. Register Level (above 3,360):
This seems to be a resistance area. If the price breaks and holds above this, the short setup might become invalid.
3. Target Successful Zone (around 3,296):
This is the take-profit zone, where the trader expects the price to fall after entering short. It's marked clearly at 3,296.082.
4. Trendline Break:
The pink upward trendline shows previous support. A break below this line (with a red arrow) confirms the sell setup and potential downward momentum.
5. Overall Idea:
The chart implies a bearish setup:
Wait for a price reaction near the entry zone
Enter short if confirmation appears (e.g., bearish candle or trendline break)
Target the 3,296.082 level
Would you like help evaluating this trade idea further or need assistance setting up a trade based on it?
GOLD About To Develop a WXYXZ PatternGOLD About To Develop a WXYXZ Pattern
GOLD it's a very risky trade as we have seen it often rising in days without news or without volume in the market.
However, the previous week gold reached 3365 and looks like the top was already completed.
Trump's decision to impose 50% tariffs also for Europe made gold bouce on Friday.
The current situation looks more stable. As we have seen already, Trump doesn't want to increase tariffs but to reach deals that are better for the US.
US and Europe will resume talks soon and this news improved the market sentiment for a slight sell-off on GOLD.
The chances are that this was the first movement, and a bigger wave may happen. I don't like gold shorts too much due to the price that moves up often without any clear reason.
The pattern this time is showing the possiblitity that it may expand in a large WXYXZ pattern and we could be on the Z wave as shown on the chart.
Targets: 3285 ; 3250; 3170 and 3100
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Gold Price Analysis May 27The price increase at the end of the day was expected to push the price up today, but surprisingly, at the end of the Asian session and the beginning of the European session, gold fell sharply.
After the liquidity sweep to 3305.
The immediate support level that Gold is facing is 3303. This border is still used for trading in the European and American sessions. Pay attention to the daily support level around 3292.
3323 is an important resistance zone when it breaks out, you can SELL scalping here for a round and then the Asian session resistance around 3345 is considered a stable area for gold prices in the uptrend of the American session.
Note that breaking 3303 breaks the uptrend and the recovery will be weak, so consider TP for reasonable buy entries.
EUR/NZD Short and CAD/JPY ShortEUR/NZD Short
Minimum entry requirements:
• If tight non-structured 5 min continuation forms, reduced risk entry on the break of it.
• If tight structured 5 min continuation forms, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation forms, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation forms, reduced risk entry on the break of it or 15 min risk entry within it.
CAD/JPY Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, reduced risk entry on the break of it.
• If tight structured 5 min continuation follows, reduced risk entry on the break of it or 5 min risk entry within it.
• If tight non-structured 15 min continuation follows, 5 min risk entry within it if the continuation is structured on the 5 min chart or reduced risk entry on the break of it.
• If tight structured 15 min continuation follows, reduced risk entry on the break of it or 15 min risk entry within it.
GOLD - it's breakout? What's next??#GOLD - perfect move as per our perveious idea regarding gold and now market just broke his current supporting/key level that was actually 3314-15
Keep close because if that is proper breakout then we can expect a further drop towards further downside areas.
Note: we will go for cut n reverse above 3314-15 on confirmation.
Good luck
Trade wisely
XRPUSDT — Buy From Support, Waiting for Triangle BreakoutOn the 4H chart, XRP is consolidating inside a symmetrical triangle and holding above an ascending trendline — a key support zone that has held multiple times.
🧠 Fundamentally:
Ripple continues expanding partnerships with fintech and banks.
The SEC lawsuit has lost its grip on price action.
A potential Fed rate cut could push crypto sentiment up again.
📌 I’m entering positions near $2.31, gradually accumulating. A breakout above the triangle could trigger a strong move.
🎯 Targets:
$2.50 — initial resistance
$2.65+ — if breakout is confirmed with strong momentum
🔽 If price breaks below $2.20, I’m looking to buy confidently near $1.80, where major demand sits. I don't expect such a dip, but markets can surprise.
NZDUSD - growth ended with a false breakout NZDUSD makes a false breakout of resistance after strong growth in the Asian session. The dollar is correcting a bit before the news at this time, which may give a chance for the currency pair to correct
Scenario: Strong growth of 2.3% is tempered by a false breakout. The price is not ready to continue rising. Consolidation of the price below 0.60200 may intensify the sell-off and trigger a correction to the support at 0.5969 (0.5)
SATS has completed a corrective pattern (1D)Attention: This is a risky and highly volatile meme coin.
The correction of SATS started from the point where we placed the red arrow on the chart.
This correction appears to be an expanding triangle, as wave C is longer than wave A, and wave E is longer than wave C.
Currently, a support zone has formed below the price. As long as this area holds, the price can move toward the flip zone or near it.
Since the flip zone is fresh and untouched, the price may get rejected from this level.
The closure of a daily candle below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
NIFTY - EW ANALYSIS. MULTIPLE TIMEFRAME. 🔍 NIFTY 50 Technical Analysis (Elliott Wave-Based)
🗓️ Chart Date: May 27, 2025 | 📈 Timeframe: Intraday/Short-term
🧭 Wave Structure Overview
Left Chart (Higher Timeframe View)
Wave I to V (impulse) is clearly completed, indicating the end of a bullish cycle.
The current correction phase has begun — ABC pattern:
✅ Wave A completed (sharp downside drop).
🔄 Wave B completed (retracement upward).
⏳ Wave C is in progress (impulsive fall expected).
Right Chart (Shorter Timeframe Confirmation)
The B-to-C leg is developing as a five-wave impulsive structure.
Currently, NIFTY is at the early phase of Wave III of C.
Trigger level:
📉 Below 24,720, the Wave 1 of BC is breached – confirming the breakdown.
Once confirmed, sharp fall expected in Waves III, IV, and V of C.
🎯 Key Levels
📍 Breakdown confirmation below: 24,720
🔻 Potential C wave targets (based on wave projection):
1st target: 24,300
2nd target: 23,800 zone
📈 Immediate resistance: 25,000 – 25,100 (wave B high)
💡 Trading View
Bias: Bearish (ABC correction underway)
Action Point: Start short trades once price breaks below 24,720.
Pattern Confidence: High, as both timeframes confirm wave structure.
📌 Summary
NIFTY has completed a 5-wave bullish structure and is now in a corrective ABC phase. The current B-C leg is unfolding as an impulsive 5-wave move. A breakdown below 24,720 will confirm aggressive selling in Wave C with potential to reach 23,800–24,300. Ideal setup for swing short trades once breakdown is confirmed.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk; please consult with your financial advisor before making any decisions. The author assumes no responsibility for any losses incurred.
GBPUSD Trade IdeaThe GBPUSD pair is showing a strong bullish trend on the 4-hour chart. However, the price currently looks overextended. This suggests the market may be due for a corrective pullback.
I’m watching for a pullback into a discounted zone near the fair value gap.
If the price moves back into this zone, I’ll look for a bullish break of market structure as a signal to enter long.
This plan emphasizes patience and the importance of waiting for a favorable entry rather than chasing an extended move. As always, this is my personal strategy and not financial advice. Proper risk management and discretion are essential.
GOLD/USD A previous bullish trend channel is visible on the leftKey Zones Identified
Support Zone (Red Box at Bottom):
A strong historical buy zone around 3,100 USD, marked as a base for bullish reversal.
Demand Zone (Green Box Mid-Level):
Area where price previously reversed upward, indicating institutional buying interest.
Supply Zone (Smaller Green Box):
Historical sell area where price faced resistance in the past.
Resistance Zone (Dark Green Top Box):
Strong resistance around the 3,446–3,448 USD level, marked as the Target 1 zone.
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Current Market Structure
Price: 3,230.580 USD at the time of the screenshot
Entry Level: Just above current price at 3,232.980 USD (suggested long position)
Stop Loss: Just below demand zone at 3,217.612 USD
Target 1: 3,446.992 USD
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Projected Move
The chart shows a bullish scenario:
Price is expected to retest the entry zone (minor pullback).
Then bounce from demand and head toward Target 1 in the resistance zone.
Favorable risk-reward ratio supported by Ichimoku cloud alignment and demand zone bounce.
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Technical Indicators
Ichimoku Cloud:
Price is currently above the cloud, signaling a bullish trend.
Bullish momentum is supported if price holds above the cloud post-pullback.
Trend Lines:
A previous bullish trend channel is visible on the left.
Breakout and retest dynamics seem in play with current movement.
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Conclusion
This chart illustrates a professional bullish trade setup on XAU/USD, driven by institutional demand zones, Ichimoku cloud confirmation, and a clear risk-managed entry/exit plan. The target aligns with a key resistance zone, offering a good upside potential if price action respects the demand support.
SONIC Impulse Structure Emerging Wave 2 in ProgressSONIC has confirmed the end of its prior bearish cycle after completing a complex corrective structure, culminating in a breakout from a bullish falling wedge formation. The movement marks the initiation of a fresh impulsive sequence, with Wave 1 delivering a solid leg to the upside.
We can deduct from the current price action the start of a Wave 2 correction, unfolding towards the highlighted Buy Back Zone, which coincides with a key structural support range. This zone presents a potential low-risk re-entry opportunity ahead of Wave 3 development.
BONK About to Explode or Fakeout? Key Levels Are UnfoldingYello, Paradisers! Is #BONK gearing up for a face-melting rally, or is this just another trap designed for emotional traders?
💎BONKUSDT has recently formed a double bottom, a key reversal pattern that often appears before significant bullish momentum kicks in. This comes after a sustained bearish trend, and we’re now seeing signs of strength re-entering the market.
💎What’s even more interesting, a lookalike of skewed triangle pattern is starting to emerge. These often signal continuation of strength, and when paired with an already bullish reversal, it paints a potentially explosive short-term picture.
💎#BONKUSDT is currently sitting on ascending support around the $0.00001980 level. This zone is further bolstered by the EMA-50, adding extra technical significance. If BONK can continue to hold this level, the price is well-positioned to push higher toward the $0.00002470 mark, a moderate resistance zone that could serve as the next stepping stone in this bullish scenario.
💎If BONK clears this resistance with conviction, momentum could pick up rapidly, opening the doors for an aggressive move toward the $0.00003100 to $0.00003400 region. This is a critical profit-taking zone, not only because of historical resistance but also due to a dense confluence of technical barriers.
💎Zooming into the 12-hour timeframe, BONK has just entered a golden cross formation. This bullish crossover is acting as dynamic support, with the $0.00001800 level becoming an important defensive area for price stability moving forward.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴