The *EURJPY analysis image* I shared appears to be a technical analysis (TA). Below is a breakdown of the *tools, patterns, and concepts* referenced in the image: --- ### *1. Timeframes & Tools Mentioned* - *Timeframes*: - NYSE:M 10m 30m 2h (minute, 10-minute, 30-minute, 2-hour charts). - Other intervals: 1M (1-month), 6M (6-month), 1Y (1-year), etc....
This chart of *GBP/USD* on the 4-hour timeframe shows a more advanced price action and smart money concept analysis. Here's a breakdown of the *tools and patterns* used: --- ### *Tools Used:* 1. *Symmetrical Trend Lines:* - Two trend lines (upper and lower) form a *symmetrical triangle* pattern. - These trend lines help identify compression or...
The chart shows a trading analysis setup for the Australian Dollar/U.S. Dollar (AUD/USD) pair on a 4-hour timeframe, likely from a platform like TradingView. Here are the tools and patterns mentioned: ### *Analysis Tools:* 1. *Timeframes*: - 5m, 10m, 30m, 2h, 4h (multi-timeframe analysis). 2. *Indicators*: - Unspecified (labeled "Indicators" but not...
In MY BTC/USDT chart (4H timeframe on TradingView), a mix of *Smart Money Concepts (SMC)* and *Technical Analysis Tools* are being applied. Here's a detailed breakdown of what's used: --- ### *1. Smart Money Concepts (SMC)* #### a. *CHOCH (Change of Character)* - Appears multiple times, signaling *potential trend reversals*. - First CHOCH near the top marked...
From the chart I've shared, here's a breakdown of the *pattern and tools* being used: --- ### *Pattern:* This looks like a *falling wedge pattern*, which is typically a bullish reversal pattern. Here's why: - The price is compressing between two downward-sloping trendlines. - There's a breakout projected to the upside, which is consistent with a wedge...
This is a technical analysis chart of *XAU/USD (Gold Spot vs US Dollar)* on the *daily timeframe (1D)*. Several tools and patterns are used in this analysis. Here's a breakdown: --- ### *1. Fibonacci Retracement Levels* - Standard *Fibonacci retracement* tool is used to measure potential pullback levels. - Common levels seen: *0.236, 0.382, 0.5, 0.618, 0.786* -...
The chart of (GBPJPY, 1D timeframe on TradingView), here’s a breakdown of the *tools, patterns, and concepts* used: --- ### *1. Contracting Pattern (Triangle)* - Clearly labeled as a *Contracting Pattern*. - Formed by two *converging trendlines* (support and resistance). - This pattern suggests *price compression* and potential breakout (in this case, downward...
The chart you provided is a technical analysis of Tesla Inc. (TSLA) on a 2-hour timeframe. Here's a breakdown of the tools and patterns used in the analysis: ### *Tools & Chart Features:* 1. *Trend Lines:* - *Up Trend Line*: Indicates bullish movement during the uptrend phase. - *Down Trend Line*: Shows the shift to a bearish market after the peak. 2....
This chart of the *GBP/NZD (British Pound/New Zealand Dollar)* on the 2-hour timeframe uses a variety of technical analysis tools and concepts from *Smart Money Concepts (SMC)* and *market structure analysis*. Here's a breakdown of the tools and patterns used: --- ### *1. Market Structure Concepts* - *LL (Lower Low), HL (Higher Low), BOS (Break of Structure),...
The chart for the Canadian /Japanese Yen (CAD/JPY) on FXCM uses the following tools and patterns: *Change of character* (CHOCH) This breaks bearish structure → signals potential shift to bullish. *Break of structure*: (BOS) *Break below a previous low. *Down Trend Line* (DTL) : *A diagonal resistance line connecting lower highs, indicating a continuous bearish...
The chart for the British Pound/Japanese Yen (GBP/JPY) on OANDA uses the following tools and patterns: RSI (Relative Strength Index): A momentum oscillator measuring overbought/oversold conditions. Break-out Pattern: Identifies price movements outside key support/resistance levels. Skypoint: Likely a proprietary or custom tool (specific to OANDA or the user)...
### * ETHUSD 2-hour time frame chart analysis". #### *Tools Used:* 1. *Trend Lines:* - An *uptrend channel* is drawn using two parallel trend lines, connecting *higher highs (HH) and higher lows (HL)*. - A *breakout from the trendline* is marked, indicating a possible reversal. 2. *Labels & Annotations:* - *HH (Higher Highs) and HL (Higher...
he chart shown in the image is a technical analysis of the *EUR/AUD* currency pair on a *30-minute timeframe* using *TradingView*. The tools and patterns identified in the chart include: ### *Tools Used:* 1. *Trendlines & Channels:* - A *descending channel* (marked with black trendlines) shows the previous downtrend. - A breakout above this channel suggests...
### *Tools Used in the Chart:* 1. *Ascending Channel* – A trendline-based pattern showing higher highs and higher lows. 2. *Support and Resistance Levels* – Horizontal lines marking key price zones. 3. *Breakout and Retest Markers* – Indicates price breaking a level and retesting it. 4. *Trend Lines* – Upward diagonal lines defining the channel. 5. *Target...
This *EUR/USD* chart on the *2-hour timeframe* is analyzed using *Smart Money Concepts (SMC)* and *price action strategies*. The key patterns and tools used include: ### *1. Market Structure & Trend Analysis* - *Downtrend Line*: A diagonal trendline marking the bearish trend, which is eventually broken. - *Change of Character (CHoCH)*: Marked at key points...
This chart is an analysis of the GBP/USD currency pair on a 2-hour timeframe using smart money concepts (SMC) and institutional trading techniques. Some of the key patterns and tools used in this chart include: 1. *Market Structure Concepts*: - *CHoCH (Change of Character)*: This indicates shifts in market direction, suggesting potential reversals or...
This is a *technical analysis chart* for BTC/USD on a *4-hour timeframe*. The chart employs multiple *technical analysis tools and concepts*, including: 1. *Market Structure Analysis* - *CHOCH (Change of Character):* Indicates a shift in market direction. - *BOS (Break of Structure):* Confirms a trend change. 2. *Trendlines & Channels* -...
### *Analysis of the XAU/USD (Gold) 30-Minute Chart* This chart incorporates multiple *technical analysis tools and patterns* to analyze price movements and potential trade setups. --- ### *Key Tools & Patterns Used:* #### *1. Market Structure & Price Action Concepts:* - *CHoCH (Change of Character):* - Indicates a shift in trend direction. ...