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COINBASE:BTCUSD - 4Hr Analysis After analyzing the chart, I believe that price will continue its bullish cycle in the next few hours due to the formation of two key patterns: the Rising Wedge and the Rounding Bottom. Rising Wedge: The Rising Wedge is traditionally a bearish pattern, indicating a potential reversal or breakdown. However, in certain cases,...

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OANDA:XAUUSD Multi-Timeframe Analysis Price is above all moving averages, indicating an uptrend. A Golden Cross is forming near the 2656 level, suggesting bullish potential. However, caution is advised as the price is near strong resistance, which may cap upward movement. For a potential correction, the price target is 2656. The monthly RSI is overbought at...

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OANDA:XAUUSD - 2Hr The analysis suggests the market is showing bearish signals, particularly after price rejected at key resistance zones during the Asian session. The Ascending Channel indicates an upward trend, but the breakdown from the channel signals that bullish momentum is weakening. Key Elements Driving the Short Trade: 1. Golden Pocket (0.5–0.618...

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OANDA:XAUUSD 4H Chart Current Price: 2563.200 Descending Channel: A bearish pattern where price moves between two downward-sloping parallel trendlines, with the upper trendline acting as resistance and the lower trendline as support. This indicates sellers are in control, pushing the price lower with each rally. Bearish Continuation Pennant: A chart pattern...

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OANDA:GBPUSD - 1Hr Chart Price: 1.26202 After analyzing the chart, we found RSI in the extreme oversold zone on higher timeframes. Currently, the price is trading above support at 1.25732, which we anticipate as a potential bullish reversal point. However, strong resistance at R1 (1.26953) may cause consolidation and pullbacks around this level. After...

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OANDA:EURUSD Multi-Timeframe Analysis (Weekly & 4H) After conducting a top-down analysis, we observed the price trading below the 9, 21, 50, and 200 SMAs on the 4H chart, confirming a bearish trend. Currently, the price is stalling and consolidating within a bearish flag pattern, signaling a potential continuation. However, just below this flag, we have a...

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CRYPTO:BTCUSD Multi-Timeframe Analysis Current Price: 71,149.92 Bullish Indicators • Cup and Handle Pattern • Descending Broadening Wedge Key Levels • Strong Pivot Level: 62,500 • Ultimate Resistance: 75,000.00 • Primary Price Target: 90,000.00 Cup and Handle Pattern (Weekly Chart) On the weekly chart, BTCUSD has formed a Cup and Handle pattern—a...

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OANDA:XAUUSD 30-Min Chart Analysis Potential Scenarios Bullish Scenario: • Volume Bullish Divergence: Indicating a potential reversal if buying pressure continues. • Strong Support: Price is near a key support level, which may hold and prompt an upward move. • Falling Broadening Wedge: A potential bullish reversal pattern. If confirmed, this could lead...

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OANDA:XAUUSD Multi-Timeframe Analysis (2Hr - 4Hr) 1st - Falling Wedge (2Hr) 2nd - Head and Shoulders (4Hr) 3rd - Bearish Divergence (Daily) 4th - Extreme Overbought (Weekly) 1 - Falling Wedge Pattern (2-Hour Chart) On the 2-hour chart, we identified a falling wedge pattern suggesting potential price movements. Initially, the price may decline from...

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OANDA:EURUSD Multi-Timeframe Analysis Current Price: 1.07962 Potential for a Bullish Reversal: EUR/USD is showing strong signs of a possible bullish reversal across multiple timeframes, marked by key technical indicators: • Breakout of Descending Channel Upper Trendline • Weekly Major Support Zone • Potential Double Bottom Formation • Emerging Bullish...

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4H Timeframe Current Price: 20,030.9 Bearish Signals: • Rising Wedge (Bearish Reversal) • Ascending Broadening Wedge (Bearish Reversal) Expect the price to test the first price target (PT), followed by the second. Resistance may trigger a bearish reversal after reaching these levels. If the price finds support, we may reach the third PT, which is at the upper...

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OANDA:XAUUSD Analysis 4H Chart Current Price: 2447.215 Analysis Summary • Three White Soldiers Pattern • Volume Analysis • Overbought and Resistance Zone • Overall Bullish Trend Three White Soldiers: The chart shows a clear Three White Soldiers pattern, a strong bullish reversal candlestick formation indicating potential upward momentum. This pattern...

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4H Chart Current Price: 148.656 Reason for Bearish Reversal: • Ascending Broadening Wedge (Bearish Reversal Pattern) • RSI in Oversold Territory (Potential Correction) Bearish Reversal Price Targets: • 1st TP: 146.875 • 2nd TP: 143.750 • 3rd TP: 139.557 Conversely (Bullish Targets): • 1st TP: 150.000 (Psychological Level) • 2nd TP: 151.563 • 3rd TP:...

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OANDA:XAUUSD Current Price: 2737.445 2H Chart Reason for Correction: 1H - Monthly: Overbought Zone (Deeper Correction Possible) As indicated on the chart, the price is in an uptrend within an ascending channel on the Daily chart, and a similar trend is observed on the 2H chart, where an additional ascending channel is also forming. Moreover, Gold is...

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OANDA:GBPJPY Current Price: 195.150 Chart Timeframe: 1-Hour Bullish Outlook: The price tested the Ascending Channel’s lower trendline as support and is now heading toward the 196.049 target. Minor resistance at 195.714 may cause a pullback to 195.339 before the price resumes its move toward the 196.049 target. Alternatively, if the price breaks below...

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OANDA:XAUUSD 1H Timeframe Current Price: 2657.180 The market is currently experiencing significant consolidation between the levels of 2604.352 and 2685.340. These are critical levels to consider for trading strategies. (Bearish Targets) 2656.250 2636.719 2617.188 (Bullish Targets) 2666.000 2675.781 2685.340 Happy trading!

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CRYPTO:BTCUSD At the time of writing, Bitcoin is trading at 59,771.36. Despite forming a Head and Shoulders pattern, a bearish signal with a ~70% probability of continuing downward, the price action is currently undecided. If the price breaks the neckline at 57,088.60, the bearish move could push Bitcoin down to the next target of 49,014.74. However, if the...

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Current Price: 2653.84 Multi-Timeframe Analysis: • 4H Chart: Symmetrical Triangle (Bullish Continuation) • 1D Chart: Pennant (Bullish Continuation) • 1D Chart: Long-Legged Doji (Indecision) Given the bullish signals from both the symmetrical triangle and the pennant patterns, along with the long-legged doji indicating indecision, the market is likely to be...