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Chart Patterns

Charting - BTC patternsAs I always say , predicting the price mouvement in the short timeframes is very difficult. But we can spot some bullish consecutive patterns as you can see in the chart : Despite the war panic selling , the decline have been absorbed by the market makers. The recent correction follows perfectly the fibo extention ; normal correction of the recent uptrend. In the last minutes , strong checkmate pattern is being formed. Bullish signal. All patterns in the short timeframes are in favor of the trend continuation. BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT BYBIT:BTCUSDT.P CME:BTC1!
Long
by Monstralian
SNGP | Swing Trade SetupSNGP shows a symmetrical triangle pattern, which often indicates a breakout either upwards or downwards as the price narrows into a point. In this case, the price appears to be breaking out upwards, supported by strong bullish momentum. The chart has three clear target levels: TP1 at 81.50 PKR, TP2 at 93 PKR, and TP3 at 104.64 PKR. This suggests a potential for significant upside if the breakout is sustained. Historically, the stock was in a strong downtrend from 2017 to 2020, followed by a long consolidation phase, and is now showing signs of recovery with possible upward continuation.
PSX:SNGPLong
by mbaberhanif
GOOGLE: Where are they going after earnings? Let's talk about itWHERE WILL GOOGLE GO AFTER THEY REPORT EARNINGS ON TUESDAY?! NASDAQ:GOOG NASDAQ:GOOGL In this video, we will review 3 key items that give us the best probability of predicting where they will go. 1⃣ See if it meets my "High Five Setup" trade strategy 2⃣ Why it's BUY according to my Valuation Metric Tool (6/6 score) I WANT A DIP! 3⃣ Look aHEAD to find out 👇 Video analysis 4/5. Stay tuned!🔔 Like ❤️ Follow 🤳 Share 🔂 Is this MAG7 name finally going to play catchup to its siblings? Drop a comment below. Not financial advice.
NASDAQ:GOOGLong
by RonnieV29
4
XAUUSD Market scenario,, running uptrend (Read captions)XAUUSD Price Forecast 🔔 Gold remains in an uptrend, with key resistance at 2788. A breakout above this level could confirm targets of 2820. Support holds at 2760, and a breakdown through the moving average may trigger further selling, targeting 2739, 2718, and 2696. The 200 EMA & 50 EMA golden crossover signals a bullish outlook. OANDA:XAUUSD Trade Setup: Buy Entry: 2778-2760 Target 1: 2788 Target 2: 2820 Stop Loss: 2755 Trade Setup: Sell Entry: 2778 Target 1: 2760 Target 2: 2739 Target 3: 2718 Target 4: 2696 Stop Loss: 2792
OANDA:XAUUSD
by AlphaForex56
Renewed demand for the Euro | FX ResearchMost of what we've been seeing in recent sessions has been Euro-supportive. Economic data out of the zone has been on the better side of expectations. Inflation data is pointing up, and ECB speak has been decidedly less dovish. Meanwhile, ECB President Lagarde has said she doesn't expect a Euro area recession in the months ahead. Otherwise, the yen has been a little better bid today, perhaps after the BOJ signaled it would be prepared to hike rates more if its outlook was met. Overall, there have been signs of mild U.S. dollar selling, though it’s not enough to be fully convincing, especially with U.S. equity futures pointing south. Month-end flows will also play into things as the day winds down. There has also been talk of mild U.S. dollar demand on portfolio rebalancing. All of this comes ahead of today's round of U.S. data and some major event risk in the days ahead, including tomorrow's U.S. jobs report and next week’s U.S. election. As for the remainder of today, we have Canada GDP, U.S. personal income, personal spending, U.S. core PCE, and U.S. initial jobless claims. Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
by BlackBull_Markets
XAUUSD Real-time analysis of the gold market, continuously updatDear gold traders Yesterday, we chose to leave the field near gold 2785, continued to watch the breakthrough strength near 2790, and finally gold twice explored and stopped near 2790. We have also successfully predicted that gold may have a correction depth in the 2776-2780 range. Those who have followed me can check out my analysis in the last post. Today's deal should be clearer 1: From the perspective of the big cycle, gold is still an upward trend and is still strong. 2: From the observation of the cycle at all levels of the hour line, the trend of gold began to weaken Summary: The purpose of our current day trading can only be backed by the corresponding support, accurate operation, the current gold repeatedly broke new highs, for the future long cycle is indeed accompanied by huge opportunities, but the current day trading choice, we must clearly recognize the pressure and support brought by the various thresholds 3: Figure Summary: The next few prices I marked are very critical Downward analysis: We can look at the red line ABC trend, focusing on the zoning pressure around 2780 and 2778, and 2772-2770 below as a short-term target level Upward analysis: We can look at the trend of the blue line 12345, and focus on the partition support near 2780-2781, and 2790 will be the first target level upward. If, as a trader, you can also carefully split all my crossing paths, it must be the most accurate judgment on the current trend of gold. We can not predict the future perfectly, but we must understand the current market to make a reasonable trading plan for the future. Next, I will continue to update our plans and accompany you to keep up with the trend of gold.
OANDA:XAUUSD
by GoldFxTradingPioneer
Gold collapse imminent? 7hr chartPrice action on Gold since August as shown on the above 7hr chart. A Euphoric rally in the last 3 months has Gold bugs jubilant in celebration with a record 48% win from September 2011 (Ignore the 480% return of the S&P 500 in the same period). There are now messages aplenty calling for $5k and beyond. Who knows. One thing I do know, a common theme throughout the messages, people are euphoric. Market tops print with euphoria. Now this idea is not about who is wrong or who is right, congratulations if you've made a profit. The point of the post is to make sure profits are realised. A profit on paper is not a win and the bubble may now be about to pop. 90% of folks long on gold will not collect the recent gains. Why might the party be about to end? A few reasons.. 1) Price action support is broken. This is also true for RSI. 2) Throughout history RSI above 80 on the 3 week chart (below) has been a warning shot for extreme overbought conditions. Look left. Corrections between 20% and 50% are recorded. 3) Price action is at historical macro resistance (see 2 month chart below). Is it possible this time is different? Sure. Is it probable? No. Ww 3 week 2 month
OANDA:XAUUSDShort
by without_worries
27