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Candlestick Analysis

BTC - Intraday Short.Just opened a short position on BTC, that was entered as the futures markets opened with a sudden influx of liquidity, moving into a 4H Bearish FVG, that should hold and price then turn to continue weekends bearish bias, and by extension, the overall bearish bias in play currently. Target is the hourly TF's SwL, which would be a good reversal area for price to print a positive week in crypto, however, if price doesn't show any signs of a reversal and a change in bias, we should anticipate the unmitigated Weekly BaG as our HTF target/draw on liquidity. Trade what we see, not what we think.
CME:MBT1!Short
by TuataraW20
Long gold after a pullbackGold has continued its upward rebound as expected, reaching the 2950-2955 region. However, after hitting this level, there has been no significant pullback, indicating strong upward momentum. This suggests that gold still has potential for further gains and is likely to break the previous high at 2955. Once gold consolidates above the 2955-2950 region during this upward phase, it will likely attempt to reach the 2970-2980 range. For short-term trading, we should avoid chasing prices too eagerly. Let's patiently wait for a pullback, and once gold retraces to the 2940-2930 support zone, we can consider entering long positions.Bros, are you optimistic about the continuation of gold rebound? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
EURJPY Wave Analysis – 24 February 2025 - EURJPY reversed from support zone - Likely to rise to resistance level 158.00 EURJPY currency pair recently reversed up from the support zone between the multi-month support level 156.00 (which has been reversing the pair rom last August) and the lower daily Bollinger Band. The upward reversal from this support zone is likely to form the daily Japanese candlesticks reversal pattern Piercing Line – if the pair closes today near the current levels. Given the strength of the support level 156.00 and the bullish euro sentiment seen today, EURJPY currency pair can be expected to rise to the next resistance level 158.00.
Long
by FxProGlobal
Gold is expected to continue to reach new highs of 2970-2980Dear Traders, Although gold has slightly retreated after touching around 2948, it is still holding above the 2935-2930 region, maintaining a strong bullish trend. Based on the current gold structure, gold has repeatedly failed to break the 2920-2925 support zone during its pullback, and has not formed a sustained downtrend. On one hand, this reflects strong buying support at lower levels; on the other hand, the pullback space is limited. Therefore, before any trend reversal, gold is likely to have another rally to test new highs. I expect that if gold manages to hold above the 2950-2955 region in this rally, it will likely attempt to reach the 2970-2980 zone. So, for short-term trading, leading into Thursday and Friday, we should primarily focus on going long on gold, with key support around the 2940-2930 region. If gold reaches the 2970-2980 region, we can then consider shorting it. Bros, are you optimistic about gold continuing to hit new highs? Do you know how to grasp the trading rhythm? If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDLong
by Trader_Marvin
EUR/JPY Bulls Seeking Signal as Price Clings to SupportEUR/JPY is teetering above known support, but with momentum favouring the bears, there’s no need to rush into longs. If the pair continues find buyers on dips below 156.21, a long trade could be considered above the level with a stop beneath for protection. 158 looms as an initial target, with 159 and 161 other levels to watch. The preference is to wait for a bottoming signal before entering, similar to the morning star patterns seen in December and early February. RSI (14) and MACD remain firmly bearish, reinforcing the need for patience given the setup is counter to momentum. A convincing break below 156.21 would invalidate the setup, opening the door for shorts targeting a retest of 154.41. Good luck! DS
Long
by FOREXcom
EUR/USD - Short Term Long trade.M = Green W = Deep Blue D = Neon Blue 4H = Pink. Vice Versa of my DXY analysis, EUR/USD should see bullish price action in repsonse to the DXY dropping. The EURUSD pair HTF's are somewhat mixed, with the M looking like its in the motion of forming a reversal coming off of the M bullish FVG created during the last bullish expansive leg. There are key levels on the weekly and daily, but its the Monthly Bearish FVG currently unmitigated above current price action at 1.07, that is my draw on liquidity for any potential trades. Entries to be taken on the LTFs inside the current daily range, with the 4H Bullish OB being my entry level. Keep it real.
CME_MINI:M6E1!Long
by TuataraW20
NASDAQ - Short term downtrend.Bearish downtrend on the NASDAQ, targeting the Daily STL as nearest draw on liqudity. Expecting a retracement into the 4H BaG (Pink area) to then continue the current down-trend to sweep the liquidity at the daily STL. As we can see, the recent bullish expansion to the upside actually took Monthly liquidity which then saw a sharp reversal which has taken out most of the bullish orderflow created in the expansion to the upside, where we created bullish FVGs moving into the HTF areas of interest. Trend turned bearish after the M high was taken, and we have created Bearish BaG on the 4H moving away from the area, as well as a potential Daily FVG being created after Mondays open. The overall daily range for the year so far (2025) has been somewhat consolidatory, so im anticipating any move below the Daily STL we have as our target, to be a sweep and premium price action to then become our draw on liqudiity. Happy trading!
NASDAQ:NDXShort
by TuataraW20
The Daily Edge - 21st Feb 2025Bullish Momentum Stalls as Shorts Remain in Focus Market Overview Bullish price action continued on Thursday, with the daily candle printing a higher high and higher low range. Price closed above the previous bearish candles, maintaining the overall bullish structure. However, price remains within the consolidation range, with highs near 2940 and lows around 2860. The short bias remains intact, and we are actively managing short trades currently in play. Key Observations Price reacted off the imbalance High 2920 today created by the recent push higher, moving from external to internal range liquidity. Price is stalling around key levels despite maintaining a bullish structure. The 50% retracement level of the latest daily swing sits below Friday’s low 2915 Shorts remain active but are at risk as bullish momentum continues within the range. Our Next Steps Manage existing shorts and monitor for signs of reversal or continuation. Watch consolidation boundaries at 2940 highs and 2860 lows for breakout or reversal signals. Observe price action leading into Monday for potential adjustments to the strategy. Reflection Prompt How can managing trades within a consolidation help refine entries and exits, especially when price action begins to stall? #XAUUSD #Gold #TradingEdge #MarketAnalysis #PriceAction #Discipline #PipsnPaper
OANDA:XAUUSDShort
by PipsnPaper
Be bold and short goldBrothers, did you short gold? As I mentioned in my previous article, I have already entered short positions in the 2930-2940 zone. Today, gold has broken below Wednesday’s low, which has to some extent opened further downside potential and strengthened the probability of continued decline. Moreover, under the pressure of the head and shoulders pattern, I believe gold is highly likely to retest the 2920-2910 support zone today. I have followed my trading plan and am currently in profit on my short positions. We can continue to hold and wait for further profit expansion. Did you follow me in shorting gold?If you want to learn more detailed trading ideas and get more trading signals, you can choose to join the channel at the bottom of the article to make trading no longer difficult and make making money a pleasure!
OANDA:XAUUSDShort
by Trader_Marvin