BTCUSD has seen a solid rebound off a crucial support level, successfully capturing liquidity at the previous month's low. Over the past week, the daily chart displayed choppy price action, leading to a period of consolidation within a tight range. Notably, the weekly timeframe has formed an inside bar pattern, signalling potential indecision among traders. A...
XAUUSD surged to a fresh all-time high on Friday, pushing past previous resistance levels. The price hit 2,508 and closed with a strong bullish candle, indicating the ongoing upward trend. This robust momentum suggests that further gains are likely in the coming week. On the two-week chart, there’s a decisive break and close above the July high, hinting at an...
XAUUSD remains volatile, with a doji candle forming in the previous daily session. Since today is Friday and no major high-impact news is expected, the market may continue to consolidate sideways. The price is currently hovering around the key 2450 level, building liquidity on both sides, and seems to be forming a triangle pattern, indicating a potential breakout....
USTech may produce a temporary pullback before continuing the recovery to the up side. If the price drops down in the 18500 - 18700 range you can look for entry conditions to indicate a Buy entry but also be cautious at that time - if the price breaks below those supports, it can go lower to retest the 17250 - 17750 range
TONUSDT briefly surpassed last week’s high but quickly retraced, dropping back below that level. While this could be interpreted as a false breakout, the price did manage to close above it on the daily timeframe, creating mixed signals. I anticipate the market may decline toward resting liquidity beneath the key 6.00 level. It's worth noting that corrections often...
EURUSD recently experienced a surge, breaking above the previous month's high (PMH). However, the pair encountered significant resistance near the 1.1000 level, which led to a downward movement after the initial breakout. Following this upward impulse, the market has now entered a period of consolidation. The price is hovering close to the previous month's high,...
AUDUSD is making higher highs on the 1-hour chart, but it's important to observe that bullish momentum seems to be waning, with the slope of the upward movement beginning to flatten. As the market approaches the weekly resistance, the upper boundary of the channel, and the key psychological level at 0.9100, close attention should be paid to how the price reacts in...
PEPEUSDT recently experienced a false breakout below the support level. Looking at previous price action, a similar pattern emerged where the price moved sideways before eventually breaking through, forming a candle with a long wick that indicated a rejection at that level. After this period of consolidation, the market surged. We're currently seeing a comparable...
The market has retraced about one-third of the recent bullish move and could be entering a short-term accumulation phase around the 60K price level. However, a strong upward impulse could indicate renewed bullish momentum, possibly driving the price toward the channel boundary. Keeping a close watch on price action around the 60K level will be key to predicting...
This is a Daily chart on the BTCUSD Recently the price has been pulling back producing a correction of about 25% ( something normal for this kind of bull runs ) Recently the price encountered a double support from a general up trend support line ( lower red line ) and a support range. From there the price bounced up and managed to cross above a smaller up trend...
This is a 4H chart on the USTech The price has recently produced a drop The current low point is hitting a crossing of a general up trend support line and a horizontal support range The RSI is providing a further bullish confluence For more certainty, you may want to wait for a MACD cross and a possible 3 white soldiers candlestick pattern
The XRPUSD has produced a breakout to the up side on the weekly chart This can initiate the long-expected rally in it's price This can also align very well with the recent correction in the crypto market and the possible beginning of the next strong up swing in BTC
This is a 4H chart on Gold - Recently the price encountered a strong support range and started producing rejections -In the process the price has been forming a potential double bottom There are 2 ways in which this pattern can be played with a Long position: 1.) Wait for the price to close above the neckline of the Double bottom ( green line ) 2.) Wait for...
The price of Gold is in the process of forming a symmetrical triangle. By definition, this pattern is considered to be neutral until it produces a breakout but for higher reliability, the breakout needs to be in the direction of the trend that lead into the pattern. In this case, we are looking for a breakout to the up side. An additional important point to...
This is a 4H chart on USTech -The price encountered a strong general up trend resistance line -The price produced some rejection after hitting the resistance line -The price is forming a potential Double Top in the proces. Monitor for an entry signal -MACD and RSI are providing further confluence
On the 4H chart, the price of Gold has been forming a potential up trend channel. Recently it did a sharp jump to over 2400 which was a false breakout of the channel followed by a sharp drop. The price can drop further to around 2315 - 2290 where it ca test the previous support range. If this happens in the next few days, the support range can align with the...
This is a weekly chart for Gold. Since 2011, the price has been forming a massive Cup & Handle chart pattern. This pattern gave it's first indication of a potential breakout back in 2021 but since then it has been failing to go effectively above 2070 - 2080 levels. After a few failed attempts, now the price has finally produced an effective breakout. As per the...
The BTCUSD has been forming a symetrical triangle recently which can be observed on the 4H chart. The price just produced a breakout to the upside. Considering that it's an up trend moving leading into the pattern, the breakout to the up side provides more curtainty of the movement. As per the projection of the pattern, the price can reache levels over 92000. If...