ByteSignals

ByteSignals

EUR/CHF is showing strong bullish potential on the 4H timeframe, having just broken out of a bullish flag formation after a clean bounce from a weekly support zone. 🔹 Technical Highlights: The pair formed a downward-sloping consolidation channel (flag) following a sharp impulsive move upward – classic bullish flag behavior. Price broke above flag resistance...

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The pair has completed a textbook bearish flag pattern on the 4H timeframe, signaling a continuation of the strong downward move that started in early April. The recent consolidation channel (flag) has broken to the downside, confirming bearish momentum. 🔻 Technical Breakdown: Price rallied in a corrective upward-sloping channel (bearish flag) following a steep...

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Ethereum has officially broken down from the rising wedge pattern on the 1-hour chart, confirming a bearish reversal. The wedge breakdown was accompanied by a clear bearish divergence between price and RSI, where price made higher highs but RSI formed lower highs — a strong early warning of weakening bullish momentum. 🔻 The price action has now closed below the...

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USD/CAD is currently forming a bullish reversal setup on the weekly timeframe, suggesting a potential longer-term move to the upside. Right now, the price is rebounding from a long-term ascending trendline, which has acted as dynamic support since 2021. This level also aligns with a prior resistance-turned-support zone, adding confluence. Volume has spiked...

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USD/CAD is currently forming a bullish reversal setup, which often signals a potential upside move. Right now, the price is testing a key support and a historical demand zone, while also printing a Morning Star candlestick pattern on the daily timeframe, which is a classic bullish reversal signal. ⚠️ If buyers hold the trendline and we see a breakout above the...

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CHFJPY is currently trading within a rising wedge pattern — a classic bearish setup! 📐 Right now, it's facing strong resistance around the 172.860 level. This could be a great short opportunity if bearish momentum kicks in. 🚨 A confirmed breakdown below the wedge could trigger a sharp drop toward 171.102. 🔻 Two Trade Setups to Consider: 1️⃣ Short from Current...

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📉 AUDCAD has broken down from a rising wedge pattern, signaling potential bearish momentum. A confirmed breakout below support suggests further downside. Targeting key support levels with a tight stop-loss above the wedge resistance. 🔎 #AUDCAD #Forex #Trading #RisingWedge #PriceAction #TechnicalAnalysis #ForexSignals

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EURGBP is trading in a Falling Wedge Pattern which is Bullish indication. It is recommended to look for a buying oppurtunity near the Support zone at 0.82339 . Stop losse should be below the support zone at 0.82170 #EURGBP #Forex

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The GBP/USD pair has formed a bearish AB=CD pattern on the daily chart, signaling a potential trend reversal. After completing the C-leg retracement, price is expected to decline towards the D-point, aligning with key support levels. A confirmed rejection at resistance strengthens the bearish outlook, Stop loss: 1.2823 Profit targets: 1.2150 and 1.1814. This...

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Gold (XAU/USD) is testing a strong support zone after a bearish move. This level has historically acted as a demand zone, making it a high-probability buying opportunity. Entry: Near the support zone around $2,880-$2,885 Stop Loss: Below the support at $2,862 to manage risk Take Profit 1: $2,920 – Previous resistance level Take Profit 2: $2,953-$2,964 – Upper...

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NZDUSD has broken out of a Rising Wedge pattern, signaling a potential bearish move. Rising wedges typically indicate weakening bullish momentum, and a breakout to the downside suggests that sellers are taking control. #NZDUSD #Forex #Breakout #PriceAction #SellSignal 🚀