Chart Patterns
GBP/USD LONG FROM SUPPORT
Hello, Friends!
GBP/USD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 4H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.358 area.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/JPY – Bullish Breakout Setup (1H Timeframe)I’m currently monitoring the USD/JPY pair on the 1-hour chart. The pair was in a bearish trend earlier, but after forming a Bullish Divergence, it has started to print a series of Higher Highs (HHs) and Higher Lows (HLs) — a classic sign of trend reversal and strength.
I’m planning a Buy Stop entry above the most recent Higher High. If the breakout occurs, I’ll execute the trade based on this bullish continuation setup.
🧠 Technical Confluences:
✅ Bullish Divergence observed — signals momentum shift.
✅ Market Structure shifting to HHs and HLs.
✅ Entry planned above recent HH to confirm breakout.
📊 T rade Setup:
Pair USD/JPY
Timeframe 1H
Trend: Bullish
Entry: Buy Stop @ 144.789
Stop Loss: 143.834
Take Profit 1: 145.744
Take Profit 2: 146.699
Lot Size: 0.15
Risk–Reward 1:1 and 1:2
Risk $200
Reward $300
📌 Trade will be activated only upon confirmation — a break above the previous high. Stick to proper risk management.
🔖 Hashtags:
#USDJPY #Forex #ForexTrading #TechnicalAnalysis #PriceAction #BullishBreakout #ForexSetup #TradeIdeas #MarketStructure #ForexSignals #BuySetup #DivergenceTrading #1HChart #FXMarket #RiskManagement
AUD/USD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
AUD/USD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 15m timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.651 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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USD/CHF BEARS ARE GAINING STRENGTH|SHORT
USD/CHF SIGNAL
Trade Direction: short
Entry Level: 0.821
Target Level: 0.815
Stop Loss: 0.826
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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#AAPL - Pivot Point: $197.81#AAPL Trading Update — May 29, 2025
Current Price: $201.36
Pivot Point: $197.81
Upside Targets:
1️⃣ $209.99 — First resistance level to watch for profit booking
2️⃣ $216.49 — Confirmation of bullish momentum if price breaks above
3️⃣ $223.50 — Stronger resistance, potential for trend continuation
4️⃣ $230.50 — Longer-term target signaling significant upside potential
Downside Targets:
1️⃣ $185.65 — Immediate support, key level for bulls to defend
2️⃣ $179.13 — A more significant retracement level, watch for bounce or breakdown
3️⃣ $172.13 — Possible floor if selling pressure intensifies
4️⃣ $165.12 — Strong support zone, critical for trend reversal risk
Support Level: $192.17 — Acts as the first buffer zone; a break below could trigger further downside
Resistance Level: $203.49 — Short-term resistance; a clear breakout above this level would open the door to upside targets
Silver Gains on Tensions, Eyes on FedFriday’s strong U.S. data may support the dollar, as the University of Michigan’s Consumer Sentiment Index rose to 60.5 in June from 52.2, beating forecasts of 53.5 and marking the first gain in six months.
Geopolitical tensions continue to drive safe-haven demand, especially for silver. Israel struck Iranian nuclear and missile sites Friday, killing military officials. On Sunday, Iran began its fourth phase of response, warning of firm retaliation to further Israeli actions.
Markets now turn to Wednesday’s Fed meeting. While rates are expected to stay unchanged, futures still price in two cuts this year, possibly starting in September, supported by last week’s soft inflation data.
Resistance is set at 36.90, while support stands at 35.40.
Expect a Retracement... BUT not a Reversal in S&P Hi Trading Community,
Just a quick update on what I expect price action to look like for the ES over the next couple of days.
As you know, I've been bullish on this move — and I still am. However, there is some justification for a potential retracement to key levels. In particular, my attention is on the 5928 area.
It's too early to call this a full reversal, but let’s stay sharp in our trading and continue learning.
#OneCandleStickAtATime
Gold price falls back and continues to go longFrom the 4-hour market analysis, the support below is around 3408-10. The short-term bullish strong dividing line moves up to the 3388-93 level. The daily level stabilizes above this position and continues to maintain the same low-long rhythm. The short position against the trend needs to be cautious. There is a high probability that the short-term will continue to rush up to test the previous high.
Gold falls back to 3408-10 and goes long. Fall back to 3388-95 and add to long position. Stop loss at 3384. Target at 3445-3450. Continue to hold if it breaks.
ZONE SNIPER SETUP (BEARISH)BTC/USD Supply Zone Reaction Expected...!
Current price action is retracing toward a well defined supply zone between 107,016 and 108,576, an area of previous institutional selling. The expectation is a potential rejection from this zone, leading to a continuation of the broader downtrend.
If price taps into this supply and fails to break above, short opportunities become favorable targeting:
Intermediate support at 104,000.
Final target at 101,565, aligning with prior liquidity sweep.
Invalidation occurs on a strong close above 108,576.
#BTC/USD, #FOREX, @VeloraFXReal
GOLD - Near to his resistance region? Cut n reverse area??#GOLD.. .market just reached near to his current resistance region that is around 3451-52 to 3460-61
Keep close that mentioned region and keep in mind that is our ultimate region and only short expected below that.
Note: we will go for cut n reverse abo w that region on confirmation.
Good luck
Trade wisely
Fake breakout, support, trend line and stop loss for USDJPYI am still bearish on USDJPY. However, you can see from the shorter time frame, there are multiple occasions where fake breakouts happen. This usually stops out the traders with tight SL. Unless you have a clear strategy, after being stopped out from this pair, it is highly likely that you will move on to other pairs/asset classes to find your next pot of gold.
But if you are persistent and have the patience, you will notice this fake breakout patterns. It is getting shorter and shorter. Now, with the support at 142.472, a breakdown will be great as it sends the price to 140 level.
If you wants to short now, it would be better to have a wider SL, say 145.60 , the previous peak where it is more likely not to surpass. A higher SL will mean you cannot be greedy in your position size initially to rein in the gains if it moves in your favour. It is better to have a small position and the market agrees with you than to go on an aggressive mode of say 5-10 contracts position size and shortly market moves against you. The stress would be too much to bear seeing the losses running........
Find one strategy that suits your personality , risk profile and work on it tirelessly.
Gold Poised for Bullish Continuation Within Rising ChannelGold (XAU/USD) is trading within an ascending channel, indicating a bullish trend. Price recently bounced off the lower boundary of the channel and a demand zone, showing strong buyer interest. The Ichimoku cloud also suggests bullish momentum resuming. A clear breakout above the minor resistance zone aligns with the channel’s mid-line, suggesting price may continue higher. If momentum sustains, a push toward the upper resistance zone is likely. The structure indicates healthy retracement and continuation behavior, supported by institutional buying interest. As long as the channel and support zone hold, bullish continuation remains the most probable outcome in the short term.
Entry: 3330
1st Target: 3375
2nd Target: 3402
If you found this analysis helpful, don’t forget to drop a like and comment . Your support keeps quality ideas flowing—let’s grow and win together! 💪📈
XAUUAD UPDATE 16- 6 +2025The chart you provided is a 45-minute time frame analysis for Gold CFDs (US$/OZ). Here's a breakdown of the key elements and what they suggest:
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Current Price
$3,414.93, down -18.42 (-0.54%)
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Analysis Summary
Price Action
The price has recently rejected from a resistance zone (around $3,445–$3,450).
It is currently pulling back, heading downward from this resistance.
Support Zones Highlighted
Multiple horizontal yellow zones mark previous support/resistance levels.
The key immediate support level lies near $3,400–$3,405.
A deeper support area is visible around $3,360–$3,365, and further below near $3,320.
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Forecast Indication (Based on Markings)
A short-term pullback (blue arrow up) may retest the breakdown level (~$3,430).
Then, a potential drop toward the next support at $3,360 is expected (blue arrow down).
A bearish continuation scenario is emphasized with a red downward arrow, suggesting price may head further down to the $3,320 area if $3,360 fails to hold.
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Implications for Traders
Bearish Bias: Suggested by the forecast arrows and recent resistance rejection.
Potential Setup:
Short on pullback near $3,430 (if price fails to reclaim this zone).
Target: $3,360 and possibly $3,320.
Stop-loss: Above $3,450 resistance.
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Would you like a trading plan or signal based on this analysis?
Gold prices look set to reach a fresh ATHGold prices are up on Israel's attack on Iran, as traders and investors buy to hedge against inflation and the higher geopolitical war. Watch the video to learn what levels traders are watching.
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UNIUSDT Perpetual – Descending Triangle Breakout WatchUNIUSDT is currently testing the apex of a descending triangle pattern, with price compressing between a series of lower highs and a strong horizontal support near $7.13. This setup is a potential breakout trade in anticipation of bullish continuation.
Trade Details:
Position: Long
Entry: $7.137
Stop Loss: $6.724
Take Profit: $9.013
Pattern: Descending Triangle
Bias: Bullish Breakout
Setup Rationale:
Price has maintained key support despite downward pressure
A breakout above the descending trendline may trigger a bullish reversal
Volume likely to spike upon breakout confirmation
Risk-to-reward ratio is favorable if trade is executed at breakout with tight stop
Conclusion:
This is a breakout anticipation play. Should price break and close above the trendline resistance, it may initiate a strong upside rally toward the $9 region.
AVAXUSDT Perpetual – Reversal Bounce SetupThis chart displays a potential reversal long entry at a key support level, attempting to capitalize on a relief rally after a heavy downtrend.
Trade Details:
Position: Long
Entry Price: $18.80
Stop Loss: $18.34
Take Profit: $21.08
Risk-to-Reward (RRR): ~5.06
Timeframe: Not specified (likely 1H or 4H)
Setup Rationale:
AVAX is showing possible signs of bottoming after sustained bearish pressure.
The trade banks on a bounce from horizontal support ($18.80 zone).
Strong RRR suggests a low-risk, high-reward profile.
Current red candle could act as a liquidity sweep before reversal.
Conclusion:
This is a counter-trend long play aiming to catch a bounce with tight risk management. Traders should confirm with volume/RSI divergence or bullish price action before full conviction.
ETH/USDTEthereum (ETH/USDT) is currently maintaining its bullish momentum above a well-respected ascending trendline that has been active since early April. After a strong breakout above the 2347 level, the price entered a consolidation phase between 2600 and 2800, suggesting that the market is preparing for its next significant move. As of now, ETH is trading near 2627 and forming higher lows, which is a positive sign of buyer strength.
The key support zones are located at 2347 and 2266, while resistance levels to watch are 2768 and 2834. As long as the price holds above the ascending trendline, the bullish structure remains intact. A bounce from the current region, especially near the trendline, may present a favorable long opportunity. In such a scenario, a breakout above 2768 could open the path toward 2834 and potentially higher levels in the medium term.
A suitable long setup would involve entering around the 2620–2640 zone with a stop loss below 2347 to protect against trend invalidation. The first profit target can be set at 2768, and the second at 2834. However, traders should remain cautious: if ETH breaks below the trendline with strong bearish volume, the bullish outlook would weaken, and the price may revisit lower supports. Until then, the market structure favors buying the dips in alignment with the prevailing uptrend.
GBPUSD – 1 Month Analysis (Long-Term Outlook)Strategy Used:
✔ Smart Money Concept (SMC)
✔ Elliott Wave Theory
✔ Wedge Pattern Breakout
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🔍 Chart Overview:
The pair has completed a classic falling wedge pattern, hinting at a potential long-term bullish reversal.
Wave 5 completion suggests the start of a new cycle or correction (ABC).
Currently in a buyer-dominated zone, with momentum pushing towards the key supply area (seller zone) marked in blue.
A breakout above this zone could indicate continuation toward major highs, while rejection might trigger Wave C or a deeper corrective structure.
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💡 Key Levels:
Immediate Support Zones:
1.2550 - 1.2700 (Buyer's Checkpoint)
1.2000 - 1.2200 (Deeper Buyer Interest)
Major Resistance / Supply Zone:
1.5500 - 1.6000
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🧠 SMC Perspective:
Break of Structure (BoS) confirms bullish intent in multiple zones.
Expecting reaction from premium zone – either for continuation or smart money reversal.
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🌀 Elliott Wave Outlook (Box Inset):
Current wave structure hints at a completed 5-wave impulsive decline.
Now in early stages of ABC correction.
Targeting Wave C to reach the major supply zone in the long-term.
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📌 Summary:
A macro bullish opportunity is unfolding after years of consolidation and impulse decline. Keep eyes on higher timeframe confirmations and reactions at key zones. This chart aligns well with institutional footprints and macro price action logic.