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Candlestick Analysis

XRP/USD Trade Update - Liquidity Grab & Potential Reversal I’m still holding my XRP/USD long position, but price recently broke to the downside from a wedge formation. Instead of continuing directly toward my TP, it’s now seeking engineered liquidity before making its next move. 🔎 Key Observations: ✅ Liquidity Grab: Price is dipping into a key liquidity zone, sweeping weak hands before a potential move back up. ✅ 30M Order Block: I’ve identified a demand zone around 2.8170, which could act as support for a reversal. ✅ Bullish Continuation? If price holds the 2.8170 area and reacts strongly, I anticipate a move back toward TP levels. However, if this zone fails, I’ll reassess my bias. 🎯 Plan Moving Forward: 📌 Watching the 30M order block reaction closely. 📌 If bullish confirmation appears, I expect a push back toward my TP. 📌 If invalidated, I’ll adjust my trade accordingly. Let me know what you think—are you still bullish on XRP/USD? Drop your thoughts in the comments! #XRPUSD #SmartMoneyConcepts #Liquidity #OrderBlocks #Forex #CryptoTrading Bless Trading!
COINBASE:XRPUSDLong
by Juicemannn
9
Long trade 10-sec observation Volume Analysis indicator observation Pair BTCUSD Sat 1st Feb 25 3.50 pm NY Session PM Buyside Trade idea Entry 101014.1 Profit level 102181.6 (1.16%) Stop level 100987.7 (0.03%) RR 44.22 10sec Entry This buyside trade idea is based on supply and demand dynamics and observed price action in the 10-second time frame (10sec TF) for snipper entry. Reason for entry observation of downtrend (look left) and exhaustion of selling pressure utilising Volume analysis indicator.
Long
by davidjulien369
Long trade 1Hr TF overview Pair: UNIUSDT Buyside Trade Setup Entry: 11.384 Profit Level: 12.037 (+5.74%) Stop Level: 11.288 (-0.84%) Risk-Reward Ratio (RR): 6.8 Thought Process: This buyside trade idea is based on supply and demand dynamics and observed price action in the 30-minute timeframe (30M TF). Assessing the overall swing structure while monitoring the fractal structure for directional bias. PD array considerations include premium and discount influences, further guiding trade execution within the framework of market efficiency. A recent unsuccessful sell-side trade provided additional confluence for the buy-side setup, reinforcing the presence of a respected demand zone. The ultimate target is swing high (TP3).
Long
by davidjulien369
XAU/USD: Bearish Continuation Setup with SMC Framework~On the 4H chart, the previous bullish structure shifted to bearish intent after breaking the recent major higher low (HL). This confirmed a change of character (CHoCH) and suggested a potential trend reversal. Following the break, price took out buy-side liquidity (BSL) as inducement and fully mitigated the supply zone/order flow area, solidifying the bearish bias. ~Lower Timeframe Plan (30M & 5M): As we approach the Sunday evening or Monday opening, I am closely watching the 30-minute chart for confirmation of a CHoCH that aligns with the 4H bearish intent. Once the CHoCH on the 30M is validated, I will refine my entry on the 5-minute chart by looking for a CHoCH flip into a precise order block or order flow zone. Expectations: I anticipate price to respect the mitigated supply zone on the 4H and continue its bearish trend. My targets are set at liquidity zones aligned with the higher timeframe structure. I will patiently wait for the setup to develop in alignment with Smart Money Concepts (SMC) principles, focusing on structure, liquidity inducements, and precise entries. Key Levels: • 4H bearish intent confirmed after HL break. • 30M CHoCH confirmation: Awaiting. • 5M entry: Pending precise setup during Sunday evening or Monday open. Let’s Connect: Does this setup align with your perspective on XAU/USD? Drop your thoughts or questions below! Bless trading!
OANDA:XAUUSDShort
by Juicemannn
Strongest Reversal Candlestick Patterns For Gold & Forex In this educational article, we will discuss powerful reversal candlestick patterns that every trader must know. Bullish Engulfing Candle Bullish engulfing candle is one of my favourite ones. It usually indicates the initiation of a bullish movement after a strong bearish wave. The main element of this pattern is a relatively big body. Being bigger than the entire range of the previous (bearish) candle, it should completely "engulf" that. Such a formation indicates the strength of the buyers and their willingness to push the price higher. Bullish engulfing candle that I spotted on Gold chart gave a perfect bullish trend-following signal. Bearish Engulfing Candle The main element of this pattern is a relatively big body that is bigger than the entire range of the previous (bullish) candle. Such a formation indicates the strength of the sellers and their willingness to push the price lower. ________________________ Bullish Inside Bar Inside bar formation is a classic indecision pattern. It usually forms after a strong bullish/bearish impulse and signifies a consolidation . The pattern consists of 2 main elements: mother's bar - a relatively strong bullish or bearish candle, inside bars - the following candles that a trading within the range of the mother's bar. The breakout of the range of the mother's bar may quite accurately confirm the reversal. A bullish breakout of its range and a candle close above that usually initiates a strong bullish movement. Bearish Inside Bar A bearish breakout of the range of the mother's bar and a candle close below that usually initiates a strong bearish movement. Bearish breakout of the range of the mother's bar candlestick provided a strong bearish signal on EURUSD. ________________________ Doji Candle (Morning Star) By a Doji we mean a candle that has the same opening and closing price. Being formed after a strong bearish move, such a Doji will be called a Morning Star. It signifies the oversold condition of the market and the local weakness of sellers. Such a formation may quite accurately indicate a coming bullish movement. Doji Candle (Evening Star) Being formed after a strong bullish move, such a Doji will be called an Evening Star. It signifies the overbought condition of the market and the local weakness of buyers. Such a formation may quite accurately indicate a coming bearish movement. Above is a perfect example of a doji candle and a consequent bearish movement on Silver. I apply these formations for making predictions on financial markets every day. They perfectly work on Forex, Futures, Crypto markets and show their efficiency on various time frames. ❤️Please, support my work with like, thank you!❤️
FXOPEN:XAUUSDEducation
by VasilyTrader
5
AT&T Wave Analysis – 31 January 2025 - AT&T reversed from long-term resistance level 25.00 - Likely to fall to support level 23.00. AT&T is under the bearish pressure after the price failed to break above the long-term resistance level 25.00 (which has been reversing the price from the start of 2020), standing above the upper weekly Bollinger Band. The downward reversal from the resistance level 25.00 will likely form the weekly Shooting Star (strong sell signal for AT&T) – if the price closes this week near the current levels. Given the strength of the resistance level 25.00, AT&T can be expected to fall to the next support level 23.00.
NYSE:TShort
by FxProGlobal
Bitcoin (BTCUSD) - $99,000 Would Really Piss People Off!When Technicals talk, I listen. Weakness is starting to show inside of a premium range after an attempt on all-time highs whilst Donald Trump made an announcement on Monday. As somebody who is pro-crypto, such speeches should strengthen the price of Bitcoin but the opposite happened. Smart individuals buy when there is panic in the marketplace and there is plenty of opportunity to dollar cost into BTC below FWB:88K but for the time being, $99k is the price point to keep an eye out for.
COINBASE:BTCUSDShort
by LegendSince
2
BTC | W-BOTTOM Pattern Continuation - UPDATEA quick continuation on yesterday's BTC update, with regards to the bullish W bottom pattern that likely takes us into the new ATH. There are a few conditions that need to be met in order to "secure" the W pattern, but we're currently not seeing these conditions met. The good news, is that it's beginning to look more like a cup an handle pattern, also a bullish pattern. This daily lose and especially the weekly close is going to be a KEY candle close to watch. ___________________ BINANCE:BTCUSDT
Long
by CryptoCheck-
2
Optimism/USD AnalysisOptimism/USD Analysis: The pair has been in a short-term downtrend but is now approaching a strong support level. A bullish reversal is expected if the price respects this support, confirmed by technical signals such as a bullish engulfing candlestick pattern or other momentum indicators. Key Takeaways: Support Zone: A critical level to monitor for potential bullish confirmation. Confirmation Signals: Bullish engulfing candle or shifts in momentum indicators. Bias: Bullish reversal potential if the support holds. What are your thoughts on this setup? Let’s discuss!
COINBASE:OPUSDLong
by sirkamal
1
Superb weekly closing with Bullish Engulfing candle by Nifty. Superb weekly closing at 23508 with a closing above 50 Weeks EMA (Mother line) which was at 23423. This came along with Bullish Engulfing candle by Nifty now all eyes on Nirmalaji (Indian FM) to deliver a great budget and turnaround this bullish candle into a proper Bull rally. Now the only thing that can stop us and fizzle the rally would be a dank budget. Supports for Nifty remain at 23136 and 22838. Below 22838 the rally can fizzle out into the bear territory again. In such a scenario Bears can drag Nifty further down to 22316, 21869. Below 21869 major support will be near 200 Weeks EMA at 19578. Historical resistances for Nifty based on previous Peaks and Valleys can be at 23883 (Trend line resistance), 24281 and 24904. After getting a closing above 24904 market can think of regaining 25K or even 26K levels. RSI is entering the Bull Zone as well with closing this week at 45.60. RSI Resistance is at 47.49 that is something to look at. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment