This chart of *USD/JPY* on the 1-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. *Trend Lines:* - Two trend lines (upper and lower) form a *Triangle* pattern. - These trend lines help identify compression or consolidation leading to potential...
This chart analysis of EUR/USD on the 1-hour timeframe uses a combination of *technical tools and patterns* commonly found in smart money concepts and price action trading. Here's a breakdown of what’s being used: ### *Tools Used:* 1. *Trendlines:* - Two trendlines are drawn, marking the *uptrend*. - These help visualize the bullish market structure and...
The chart I've shared for GBP/USD (4-hour timeframe) incorporates several technical analysis tools and patterns. Here's a breakdown of what's being used: ### *1. Tools and Concepts Used:* - *Trend Channel*: - A clear upward sloping channel is drawn with *support and resistance levels* forming the boundaries. - The price is oscillating within this channel,...
In this USD/CAD chart (1H timeframe), you're applying a combination of *Smart Money Concepts (SMC)* and *classic technical analysis tools*. Here's the detailed breakdown: --- ### *1. Smart Money Concepts (SMC) / ICT-Based Tools* #### a. *CHoCH – Change of Character* - Signals a *potential trend reversal*. - Noted where minor trend directions flipped from...
**GBP/USD chart (1H timeframe on TradingView), here's a breakdown of the *tools, concepts, and patterns* used: --- ### *1. Smart Money Concepts (SMC / ICT Concepts)* #### a. *BOS – Break of Structure* - Indicates a shift in market structure, typically when a swing high or low is broken. - Used to confirm *trend continuation* or *reversal*. #### b. *CHoCH –...
The provided S&P Chart appears to be a tradingview chart or analysis screen for S&P 500 E-mini Futures, with some annotations and tools listed. Here are the patterns and tools mentioned or implied: ### *Patterns:* 1. *Resistance Level (D, resistance)* - This indicates a price level where selling pressure may overcome buying pressure, potentially causing the...
This is a *technical analysis chart of BTC/USD (Bitcoin vs US Dollar)* on the *45-minute timeframe, using a mix of **Smart Money Concepts (SMC)* and *market structure* tools. Here's a breakdown of what's used: --- ### *Chart Type & Setup* - *BTC/USD (Bitcoin)* - Timeframe: *45m* - Exchange: *Bitstamp* - Style: *SMC + Price Action within a Parallel...
From the chart you provided (USDCAD, 1H timeframe on TradingView), here are the key *tools and patterns* used: --- ### *1. Fibonacci Retracement Levels* - Clearly marked from the swing high to the swing low. - Levels like *0.236, **0.382, **0.5, **0.618, **0.786, and **1.0* are plotted. - These are used to identify potential reversal or pullback areas. --- ###...
The chart you’ve shared is a *GBP/USD 45-minute timeframe* from TradingView, and it uses a combination of *technical analysis tools and chart patterns*. Here’s a breakdown of what's on the chart: ### *Chart Pattern Identified:* - *Head and Shoulders Pattern* (Potential): - The orange circles indicate what looks like an *inverted head and shoulders* formation (a...
This chart is for *Ethereum (ETH/USD) on the 4-hour timeframe, and it showcases a combination of **price action, **trendline analysis, and **support/resistance concepts*. Here's a breakdown of the patterns and tools used: --- ### *Tools & Patterns Used:* 1. *Bearish Trendline:* - A *downward sloping red trendline* indicating a bearish market structure. -...
This *EUR/JPY 4H chart* is using a combination of *Smart Money Concepts (SMC)* and *price action tools* to highlight market structure and a potential bearish move. Here's a breakdown of what’s being used: --- ### *1. Market Structure Tools* - *BOS (Break of Structure)* Indicates a shift in market structure (from bullish to bearish trend). - *SSL...
The provided image appears to be a *USD/CHF (US Dollar/Swiss Franc) forex chart* with some placeholder text ("Chartchart...") instead of actual visual data. However, based on the structure and labels, here are the likely tools and patterns used in such a chart: ### *1. Tools & Features* - *Timeframes: The chart supports multiple intervals (1m, 5m, 10m, 45m, 1h,...
It looks like you've uploaded a *Gold Spot (XAU/USD) 4-hour chart*, which includes technical analysis tools and patterns. ### *Patterns & Tools Used:* 1. *Ascending Channel:* - The price is trending upward within a clearly defined *parallel channel*. - *Support & Resistance* are defined by the channel's trendlines. 2. *Break of Structure (BOS):* ...
### *Analysis of the NZD/USD (4-Hour) Chart* This chart focuses on market structure, trend analysis, and potential price action scenarios using *technical analysis tools*. --- ### *Key Patterns & Tools Used:* #### *1. Market Structure Concepts:* - *CHoCH (Change of Character):* - Indicates shifts in market sentiment. - *BOS (Break of...
The chart appears to be an analysis of the *GBP/AUD* currency pair on a *1-hour timeframe, created using **TradingView*. Several technical patterns and tools are applied, including: 1. *Chart Patterns:* - *Inverse Head and Shoulders:* A rounded bottom formation is visible, indicating a potential bullish reversal. - *Bullish Cup and Handle:* The curved...
This is a *technical analysis chart* for the *AUD/JPY* currency pair on a *1-hour timeframe* using TradingView. The chart includes various *technical tools and patterns*, such as: ### *1. Trend Analysis* - *Bearish Trendline (Red Line):* Represents a previous downward trend. - *Breakout (Labelled ‘Break-out’):* Indicates when the price broke above the...
CAD/JPY chart consist several trading tools and patterns, including: ### *Tools Used:* 1. *Break of Structure (BOS)* – Indicates a shift in market direction. 2. *Change of Character (CHOCH)* – Shows potential trend reversals. 3. *Liquidity Pool* – Identifies areas where stop losses and pending orders might be triggered. 4. *Bullish Trend Line* – A diagonal...
This *EUR/JPY* chart on the *30-minute timeframe* incorporates *Smart Money Concepts (SMC)* and *technical price action strategies. Here are the key **patterns and tools* used in the analysis: ### *1. Chart Patterns & Market Structure* - *Ascending Channel*: The price formed a rising wedge pattern, with higher highs and higher lows (marked with green...