


JasonWaveFx
PremiumAfter a healthy pullback from recent highs, Bitcoin is showing signs of bullish continuation on the 4H chart. Price has respected the key support zone between $115,490 – $115,491, with a secondary support at $112,911. 🔹 Currently trading around $118,246, BTC is attempting to build momentum for a potential breakout toward higher levels. 🎯 Key Targets: $118,648...
It visually highlights a bearish reversal pattern, likely a rising wedge or bear flag, suggesting a potential drop in price. Key Observations: Pattern Formed: Rising wedge or a small upward channel, often indicating weakening bullish momentum. Breakout Expectation: The red arrow and white support line indicate a potential bearish breakout. Target Zone: Labeled...
Current Price: $107,482 Support Level: $102,998 Targets (Resistance Levels): 🎯 Target 1: $109,000 🎯 Target 2: $109,961 🎯 Target 3: $110,829 Trend Bias: Bullish (indicated by the blue arrow) Consolidation Area: Between ~$106,000–$108,000 (prior to breakout attempt) --- 📈 Interpretation: The chart suggests a potential breakout from consolidation, with...
Current Price: ~$3,332 Resistance Level: ~3,400 (marked by the horizontal white line) Potential Upside Target: Approximately 3,421 Expected Move: +89.51 points (+2.70%) 📈 Technical Interpretation: Price Structure: After a recent downtrend, price appears to be forming a base and starting to bounce. Bullish Breakout Potential: The blue shaded area suggests a...
The recent price action shows a strong bearish movement, with a sharp sell-off leading into this setup. Pattern: After a drop, there's a bearish continuation setup, suggesting expectation of further downside. Volume/Volatility: Typically, such candles (long-bodied red) reflect strong selling pressure, likely fueled by broader market sentiment or news. 🔧...
1. Trend Structure: Price is moving within a well-defined downward-sloping channel. It’s respecting both the upper resistance and lower support of the channel. 2. Current Position: Price has bounced from the lower boundary of the channel. It’s now testing the midline or approaching the upper resistance. 3. Potential Scenarios: 🔼 Bullish Case: If price...
Price is moving within a descending channel (purple lines). Support Zone: ~3,340–3,360 Resistance Zone: ~3,410–3,430 --- 🔄 Trade Setup Analysis ✅ Scenario 1: Reversal at Support Expected Path: Price dips into the support zone and bounces back toward resistance. Bullish Reversal Signal: If there's a bullish engulfing, hammer, or strong volume bounce in the...
This chart likely reflects a short setup where the trader expects the price to: Test resistance near 3,330. Fail to break above and start a downtrend. Reach a target near 3,250. If you're planning to trade this setup, you'd ideally want to: Watch for confirmation of a reversal near 3,330. Use stop-loss management above 3,360 (resistance). Set your target...
(BTC/USD on TradingView), here's a breakdown of what can be interpreted: Chart Type: Candlestick chart for BTC/USD. Pattern Drawn: Support and Resistance Zones are marked. Rising and Falling Wedges, and possible bullish flag/pennant patterns are drawn. A measured move projection (yellow and red arrows) from the recent high to the support line is...
technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's a breakdown of the key features and potential implications: Observations: 1. Two Falling Channels (Bullish Flags): The chart shows two downward-sloping blue channels that resemble bull flags. In both cases, after breaking out of the channel to the upside, the price rallied. These breakouts...
A technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's a breakdown of what the chart indicates: 1. Falling Wedge Patterns: Two falling wedge patterns are visible (marked by converging blue trendlines). These typically signal potential bullish reversals, which seems to have occurred, as price broke upward from both. 2. Resistance and...
The image you've provided shows a technical analysis chart for Gold (XAU/USD) on TradingView, likely using a 1-hour timeframe. Here's a breakdown of the key elements: Observations: 1. Trend Channels: A descending channel (blue and red) showing a past bearish move. A bullish channel (yellow lines) indicating the recent recovery. 2. Support and...
This second chart builds on the previous idea and provides a possible trade scenario for CFDs on Gold: Key Observations: Current Price: Around $3,229.79 Two Key Zones: Upper Red Zone (Resistance): Around $3,256–$3,264 — price may react bearishly here. Lower Red Zone (Support-Turned-Resistance): Around $3,220 — may serve as a re-entry sell zone if price fails...
The chart you've shared is a 1-hour candlestick chart of Gold (CFDs on Gold - USD/OZ) from TradingView. Here’s a quick analysis based on the visual elements: Current Price: Around $3,231.45 Resistance Zone: Marked in red between approximately $3,214 and $3,224 Price Action: A red arrow indicates a forecast or observed rejection from higher levels toward the...
]Gold is currently consolidating near the $3,180 level, positioned between key short-term support and resistance zones. The market is showing signs of indecision, and the next directional move will likely be triggered by a clear breakout in either direction on the 1-hour (H1) chart. Key Levels to Watch: Immediate Resistance: $3,200 Immediate Support:...
Gold is currently trading between $3300 – $3310, showing signs of consolidation after recent volatility. At this level, the market is at a key inflection point, and traders should closely monitor upcoming price action for directional clues. 🔍 Key Technical Levels to Watch Critical Resistance Level: $3340 Critical Support Level: $3340 (same level — acting as a...
Bitcoin Consolidating around $97,000 Market Structure: Price is in a strong bullish trend, forming a continuation pattern. Minor consolidation suggests accumulation before a breakout. Psychological resistance at $100,000, a key target for bulls. Trade Setup – Long (Buy) Position: Entry Zone: After a pullback to $96,000–$98,000 Buy Targets: Target 1:...
Gold is currently trading within a critical range near $3,300, where it is exhibiting signs of a bearish reversal, largely supported by the emergence of a Head and Shoulders pattern—a well-known classic reversal formation. This development is particularly significant, as it suggests a potential exhaustion of the recent bullish momentum and a shift in sentiment...