JosEliteTraders

JosEliteTraders Updated 

🚨 USDCHF has officially broken the long-term uptrendline! This signals that the bullish momentum is weakening, and a potential strong sell-off could be on the way. Right now, the price is hovering near a critical neckline support—once this level is breached, expect an aggressive downward move! 📊 What’s Happening? 🔹 Uptrendline Breakdown: The market structure...

JosEliteTraders Updated 

📉 Bitcoin Breakdown – Bears Taking Control? 📉 🔻 Technical Analysis Overview: Bitcoin (BTC/USD) has formed an Inverse Flag & Pole Pattern, signaling a potential downward continuation! After a failed breakout attempt, BTC is showing signs of weakness, with sellers pushing price lower. 📍 Key Insights: ⚡ Pattern: Inverse Flag & Pole – a bearish continuation...

JosEliteTraders

🔥 Massive Bullish Move Incoming? 🔥 📊 Technical Breakdown: The EUR/AUD chart is forming a Flag & Pole pattern, a classic continuation setup signaling further upside! After a strong impulse move, price is consolidating within a bullish flag, preparing for the next breakout. 📍 Key Technical Analysis: ⚡ Pattern: Flag & Pole – Strong bullish continuation...

JosEliteTraders Updated 

ETHUSD is showing a classic Inverse Flag & Pole pattern, signaling a potential bearish continuation. Patience is key—wait for the neckline breakout before securing your position! Key Market Insights: ⚡ Pattern: Inverse Flag & Pole – bearish continuation setup ⚡ EMA 200: Acting as a dynamic resistance level ⚡ Neckline Breakout: The final confirmation for a...

JosEliteTraders

GBPUSD is currently forming a curve chart pattern, signaling a potential bearish move ahead! A neckline break will confirm the downside momentum. Key Market Insights: 🔻 Pattern: Curve chart pattern – bearish setup 🔻 Neckline Breakout: Key confirmation for further decline 🔻 EMA 200 Support Zone: Watch for reactions near this level 🎯 First Target: 1.2770 🎯...

JosEliteTraders

Bitcoin is currently forming a Descending Triangle Chart Pattern, which is typically a bearish formation. Price is struggling to break above the descending resistance line, and now we’re watching for a potential rejection and breakdown. 🛠 Technical Breakdown: ✅ Descending Resistance Line holding firm ✅ Repeated lower highs ✅ Flat base support near $78,000 ✅...