DavidHills110

DavidHills110

This chart represents a bullish breakout setup for Bitcoin (BTC/USD) on the 1-hour timeframe. Key Observations: 1. Downtrend Breakout Attempt: The black trendline indicates a previous downtrend. Price is attempting to break above this trendline, signaling a potential trend reversal or short-term bullish move. 2. Entry & Target: The green zone suggests a...

DavidHills110

This chart suggests a potential bullish reversal setup for gold (XAU/USD) on the 1-hour timeframe. Key Observations: 1. Support Zone (Around 2,885 - 2,908): The price recently dropped but found support around 2,885.926, suggesting possible buyer interest. A horizontal support line indicates this level has been tested. 2. Potential Reversal & Upside...

DavidHills110

This chart represents a technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's what it suggests: Key Observations 1. Trend & Price Action: Two bullish channels (marked in blue) show previous uptrends. Price broke out of these channels sharply, leading to a strong downtrend. 2. Resistance & Support Levels: $2,942.35 and $2,928.70 are...

DavidHills110

This chart represents an analysis of Ethereum (ETH) against Tether (USDT) on a 1-hour timeframe from Binance. Here’s a breakdown of the key elements: 1. Price Action & Trendlines The chart shows previous ascending channels (marked in blue) that led to a breakdown. The price recently dropped sharply after breaking below a key resistance zone. 2. Support &...

DavidHills110

This chart represents a USD/JPY (U.S. Dollar / Japanese Yen) 1-hour time frame analysis. The key elements of the chart include: 1. Support and Resistance Levels: 149.294: A lower support level where price could bounce. 150.643: A resistance level that price may break through. Red Zone (~152.000): A strong supply/resistance area where price may struggle to go...

DavidHills110

This chart represents the price action of Gold (CFDs) on the 1-hour timeframe. Here's a breakdown of its meaning: 1. Trend Analysis The chart highlights two previous price channels: A bearish channel (left side) that ended in a breakdown, leading to a sharp drop in price. A bullish channel (middle section) where the price recovered and moved upward. After...

DavidHills110

This USD/JPY 1-hour chart presents a bullish trade setup, anticipating a move higher. Here's the breakdown: Key Observations: 1. Support Zone: The price is bouncing from a yellow demand zone near 149.145 - 149.294, signaling buying pressure. 2. Bullish Projection: The black arrows suggest a potential rally toward the 151.511 resistance zone, marked in...

DavidHills110

This GBP/JPY 1-hour chart presents a bullish trade setup, suggesting an upward move. Here's the analysis: Key Observations: 1. Support Zone: Price has bounced from a strong support level near 188.432 - 189.081, indicating potential buying interest. 2. Bullish Projection: The black arrow suggests an expected rise toward the 191.041 - 191.086 resistance...

DavidHills110

This GBP/USD 1-hour chart suggests a bearish trade setup based on liquidity concepts and market structure. Here’s the breakdown: 1. Bearish Rejection Zone – Price is approaching a key resistance level (1.26555) and is expected to struggle there before dropping. 2. Liquidity & Order Blocks – The chart shows buy-side and sell-side liquidity areas, suggesting...

DavidHills110

This chart represents a Bitcoin (BTC/USD) 1-hour timeframe analysis. Here’s what it suggests: 1. Support & Resistance Levels – The chart shows multiple support and resistance zones marked with blue and red horizontal lines. These indicate key price levels where Bitcoin has historically reacted. 2. Bullish Setup – The black arrow suggests an expected upward...

DavidHills110

"Precision in Execution! 🎯 EUR/USD hit our target perfectly after a textbook rejection from the resistance zone. Our short trade played out as anticipated, delivering solid profits. Identifying key levels and market structure is crucial, and this trade is proof of how effective a well-planned strategy can be. More winning setups coming soon—stay tuned! 📉✅"

DavidHills110

This chart represents a EUR/USD (Euro to US Dollar) price analysis on the 1-hour timeframe with a trade setup. Key Observations: 1. Resistance Rejection The price has reached a strong resistance level around 1.05135 (blue line). A potential rejection is expected from this area, leading to a bearish move. 2. Trade Setup (Sell Position) The red zone...

DavidHills110

This chart represents a gold (XAU/USD) price analysis on the 1-hour timeframe using Elliott Wave Theory. Here's what it suggests: Key Observations: 1. Elliott Wave Pattern The chart marks a five-wave impulse pattern (1-5) followed by corrections (A-B-C). Two strong upward impulsive waves are highlighted in blue channels. Red circles indicate previous wave 5...

DavidHills110

This chart represents Bitcoin (BTC/USD) on the 1-hour timeframe from Coinbase, published on TradingView. Here’s what it indicates: 1. Elliott Wave Count – The red numbers (1-5) show a five-wave structure, likely following Elliott Wave Theory, which suggests an impulsive move. 2. Order Block (OB) – Marked at the top around $100,000, indicating a potential area...

DavidHills110

This is a GBP/JPY 1-hour chart from TradingView, showing price action analysis. Here’s what it suggests: The red highlighted zone represents a support area around 188.000. The black arrows indicate a potential bullish reversal from this support, suggesting a bounce and a move toward higher levels. The purple lightning icon may indicate a key support level or an...

DavidHills110

This chart is a GBP/USD (British Pound to US Dollar) 1-hour analysis on FXCM, published on TradingView. Here’s what it indicates: Key Analysis 1. Elliott Wave Theory Applied The chart follows an Elliott Wave pattern, showing a completed five-wave structure at the top. After reaching a peak near 1.26693, the price started a corrective wave down. 2. Bearish...

DavidHills110

This chart is a Bitcoin (BTC/USDT) 1-hour price analysis on Binance, published on TradingView. Here’s what it suggests: 1. Elliott Wave Analysis: The chart follows Elliott Wave Theory, identifying a completed five-wave bullish sequence. The price has likely reached a peak (Wave 5) and is now undergoing a correction. 2. Bearish Outlook: A drop has already...

DavidHills110

This is a technical analysis chart of GBP/USD (British Pound to US Dollar) on the 1-hour timeframe, published on TradingView. Key Observations: 1. Resistance Zone (Red Area at ~1.2666-1.2669): The price has reached a supply zone where selling pressure is expected. The chart suggests a potential rejection from this level. 2. Expected Price Movement (Black...