DavidHills110

DavidHills110

This chart represents a bearish setup for gold (XAU/USD) on the 1-hour timeframe. Here’s what it indicates: Analysis & Trade Setup: 1. Resistance Zone (Red Box) The red-shaded area highlights a resistance zone where price has struggled to break higher. Price is testing this area again, suggesting potential rejection. 2. Trendline & Structure Breakdown A...

DavidHills110

This chart represents a successful trade setup on the GBP/USD pair on the 1-hour timeframe. Here’s what it indicates: 1. Technical Analysis: The chart shows a breakout from a consolidation zone after a downtrend. A bullish move followed, reaching the target marked on the chart. 2. Trade Setup: The trader identified a support level near 1.25742 and likely...

DavidHills110

This chart is a EUR/USD (Euro to US Dollar) 1-hour timeframe analysis published on TradingView. Here’s what it shows: 1. Support Zone (Green Highlighted Area) – The price bounced from a key support area, where buyers stepped in to push the price higher. 2. Bullish Move (Blue Arrow) – The price started an upward movement after reaching the support level. 3....

DavidHills110

This chart represents Bitcoin (BTC/USDT) on a 1-hour timeframe from Binance, showing a technical setup for a possible short trade (sell position). Here’s what it indicates: 1. Double Top or Bearish Reversal Setup: The price has reached a key resistance level at 97,520 USDT (black horizontal line). The Zig Zag indicator (blue lines) highlights recent swing highs...

DavidHills110

1. Downtrend Confirmation: The price has been declining after reaching a peak (marked by a red arrow and yellow circle), suggesting a strong resistance level. 2. Trendlines and Channels: The black and red trendlines represent resistance levels. The blue and green trendlines indicate possible support zones. The price has been moving within a descending...

DavidHills110

1. Trendline & Support Zone: A diagonal trendline is visible, indicating an upward trend. The blue shaded area represents a key support zone around $2,680–$2,700, where price previously bounced. 2. Price Action & Breakout Setup: ETH is currently at $2,738, moving toward a potential breakout. The price is expected to rise toward the next resistance levels...

DavidHills110

This chart represents a technical analysis of Bitcoin (BTC/USDT) on the 1-hour timeframe from Binance, using Elliott Wave Theory and resistance zones. Here’s what it indicates: 1. Elliott Wave Analysis: The chart shows a completed five-wave impulse move to the downside, labeled (1) to (5). This suggests a bearish trend. 2. Resistance Zone: The blue shaded area...

DavidHills110

Key Observations: 1. Support and Resistance Zone: The blue rectangular box indicates a consolidation range where price has been moving sideways. The black horizontal line marks a key support level where price is expected to bounce. 2. Expected Move (Arrow Projection): The black arrow suggests that price may dip slightly to support and then rally upward...

DavidHills110

Key Observations: 1. Support Zone: The highlighted yellow-green zone represents a support area where buyers are expected to step in. The price has touched this zone and is showing signs of a potential reversal. 2. Expected Move (Arrows): The blue arrow suggests a potential short-term pullback before a rise. The black arrow represents the main bullish move,...

DavidHills110

Key Observations: 1. Uptrend Confirmation: The price is following an upward trendline, acting as dynamic support. The breakout above the resistance zone (green/yellow area) suggests bullish momentum. 2. Trade Setup: Entry Point: Around $2,944.280 Take Profit (Target): $2,980.411 (Green shaded area) Stop-Loss: $2,928.839 (Red shaded area) 3. Technical...

DavidHills110

1. Support Zone (Blue Area at the Bottom) – This marks a strong demand area where price has previously found buyers. 2. Bullish Projection (Black and Blue Arrows) – The chart indicates an expectation of price bouncing from the support zone and moving upwards. 3. Potential Reversal – The price is consolidating near the support, suggesting a possible bullish...

DavidHills110

WOW, congratulations on hitting a massive 380 pips profit! It sounds like our trade reached a peak of 2931, and our chart is looking amazing! That's a huge profit, and you should be incredibly proud of your trading skills and strategy! What's your next move? Are you looking to take on another trade or take a well-deserved break?

DavidHills110

1. Support Zone (Blue Area at the Bottom) – This indicates a demand zone where price previously found buyers. 2. Resistance Levels (Red Lines at the Top) – These mark potential price targets or levels where selling pressure may increase. 3. Trendline (Black Line) – Shows an upward trend that was broken, suggesting a shift in momentum. 4. Entry and Target...

DavidHills110

Key Insights: 1. Support Zone (Blue Area - 94,877 to 95,643) Price recently tested this area and showed signs of rejection, indicating potential bullish momentum. 2. Entry & Target Projection The chart suggests a buy setup with price expected to rise from the current support. The first target is around 96,828, followed by a higher resistance level at...

DavidHills110

The price followed an upward structure, as seen with the black arrows. It hit the 2,921.126 resistance level, marking 220 pips profit from the entry. 2. Support & Resistance Levels Support: Around 2,887.972 - 2,893.870, where buyers stepped in. Resistance: 2,921.126 (first target), and 2,936.080 (potential next target). 3. Next Possible Move If the price...

DavidHills110

1. Trend Breakdown: The price was in an uptrend, as shown by the black ascending trendline. A breakdown has occurred, with the price moving below this trendline. 2. Resistance & Rejection: The blue horizontal line represents a resistance zone around 1.05159. The price attempted to break above but got rejected. 3. Bearish Expectation: The red zone...

DavidHills110

This chart represents a technical analysis of USD/JPY (U.S. Dollar to Japanese Yen) on the 1-hour timeframe. Key Insights: 1. Support Zone (Blue Area): The price has reached a key support zone around 151.00 - 151.80. Buyers may step in, leading to a potential bullish reversal. 2. Bullish Projection: The black arrow indicates an expected price bounce from...

DavidHills110

This chart represents a technical analysis of Gold (XAU/USD) on a 1-hour timeframe. Here’s what it suggests: 1. Support and Resistance Zones: The blue and green highlighted areas represent key resistance and support zones. The price is currently around $2,896, with a support zone near $2,893 - $2,888. The main resistance levels are $2,921 and $2,936. 2....