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GBP/JPY) Bearish analysis Read The ChaptianSMC Trading point update GBP/JPY 2-hour chart outlines a clear bearish setup within a well-defined downtrend. Here's a breakdown of the trading idea: --- Technical Overview: Downtrend Channel: The pair is respecting a downward-sloping channel, with repeated rejections at the upper boundary, confirming bearish control. Resistance Zone (~187.8 - 188.5): Price has reached a highlighted resistance area that aligns with previous swing highs and trendline resistance — marked with red arrows for prior rejections. Bearish Projection: The analysis anticipates a rejection from this resistance zone followed by a downward impulse move. A pullback is expected, but continuation toward the target support zone around 179.150 is likely. Target Zone (~179.150): This level lines up with previous price action and matches the measured move (blue vertical box), adding confluence. EMA 200 (around 190.36): Price is well below the 200 EMA, reinforcing the bearish structure and trend bias. RSI Indicator (~52): RSI is slightly above 50 but not bullish — this neutral reading suggests the pair has room to drop if resistance holds. Mr SMC Trading point --- Trading Idea Summary: Bias: Bearish Entry Zone: 187.8 – 188.5 (resistance) Confirmation: Bearish candlestick pattern or rejection signal Target: 179.150 Invalidation: Break and close above 190.365 (above EMA 200 and prior highs) --- plase support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
23
USD/JPY) demand and supply analysis ); Read The ChaptianSMC Trading point update shows a bearish setup for USD/JPY on the 1-hour timeframe. Here’s a breakdown --- 1. Trend Context: Downtrend: The pair is clearly in a bearish channel, forming lower highs and lower lows. 200 EMA (~146.297) is above price and sloping down — confirms bearish bias. --- 2. Key Zones Identified: Supply Zone (~144.800–145.200): A strong area of resistance where sellers may re-enter. If price returns here, it’s a potential short setup. Demand Zone (~142.800–143.100): A possible reaction point where short-term buyers may provide a bounce. Target Point (~141.168): A projected target if the downtrend continues and demand zone fails. --- 3. Expected Scenarios: Primary Bearish Move: Price may react from current levels or from the demand zone. A pullback to the supply zone is expected before continuation downward. Then, sell-off toward the target zone around 141.168. Alternate Play: Price could bounce between the demand and supply zones a bit more before breaking down. --- 4. Indicators: RSI (~46.37): Shows room to the downside before oversold, aligning with bearish momentum. Mild bullish divergence in RSI recently, suggesting potential for a small pullback or bounce. Mr SMC Trading point --- Summary of Idea: This is a sell setup: Sell entries: Ideal around the supply zone (144.8–145.2). First target: Demand zone (~143.0) Final target: 141.168 Invalidation: Break above 146.30 (200 EMA and channel resistance). pales support boost 🚀 analysis follow,)
Short
by SMC-Trading-Point
10
EUR /USD) resistance level rejected support level Read The ChaptSMC Trading point update analysis of the EUR/USD currency pair on a 1-hour timeframe, and it presents a potential bearish setup. Here's a breakdown of the idea: Key Elements: Resistance Zone (around 1.14182): The price is currently approaching a marked resistance area. The analysis suggests this could be a turning point where price may reverse. Projected Movement (Black Arrows): The chart predicts a double top formation or a rejection from the resistance level, followed by a strong move downward. Target Point: The drop is expected to reach the key support zone around 1.10942, aligning with a previous structure and a potential liquidity zone. EMA 200 (around 1.10389): Price remains well above the 200 EMA, suggesting the trend is still bullish overall, but the setup targets a potential correction or short-term reversal. RSI Indicator (~60): RSI is above 60 but not overbought yet. This supports the idea that there's room for one more push up into resistance before a drop. Mr SMC Trading point Summary of the Idea: 1. Watch for price reaction around 1.14182. 2. If there's a clear rejection or double top, a short position may be considered. 3. Target area is around 1.10942. 4. The setup assumes a corrective move in a broader bullish trend. plase support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
5
XAU/USD) Flag Analysis Read The ChaptianSMC Trading point update Analysis presents a bullish outlook for XAU/USD (Gold vs USD) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here’s a breakdown of the key elements: --- Key Analysis Points: 1. Order Block + Key Support Zone: Price recently tapped into a bullish order block around the $3,166.74–$3,208.62 zone. This area is also marked as a "key support level", suggesting a strong demand zone. The confluence of the Fair Value Gap (FVG) and order block gives this zone higher validity for potential reversal. 2. Bullish Market Structure: The chart shows higher highs and higher lows, indicating a bullish trend. Price action broke above a small consolidation, showing bullish momentum is resuming. 3. Projected Target: The target point is set at $3,283.01, suggesting about a 55-point upside from the current price. This target sits above a previous high, indicating anticipation of a liquidity grab or breakout. 4. RSI (Relative Strength Index): RSI is at 57.94, which is a neutral-to-bullish zone. It supports the idea that there's still room for price to move up before being overbought. 5. EMA 200 (Exponential Moving Average): The price is well above the 200 EMA, confirming a bullish bias in the higher timeframe. Mr SMC Trading point --- Possible Strategy: Long (Buy) Entry Zone: Between $3,166–$3,208 (ideal near the order block/FVG). Target: $3,283 Stop Loss: Below the order block, ideally below $3,166 to avoid getting wicked out. --- Final Thoughts: This is a well-structured bullish setup based on institutional concepts like order blocks and FVGs. The price is aligned with the trend, and RSI supports more upside. However, watch for any major news catalysts (especially with those economic event icons shown). Pales support boost 🚀 analysis follow)
FX:XAUUSDLong
by SMC-Trading-Point
2
BTC/USD) breakout up trand analysis Read The ChaptianMr SMC Trading point update bullish analysis of Bitcoin (BTC/USD) on the 4-hour timeframe, showing a potential breakout and rally scenario. breakdown: --- 1. Market Structure: Downtrend Channel: Price has been moving within a falling channel. Double Bottom Pattern: Marked by two green arrows — a bullish reversal signal. Breakout Attempt: Price is testing the upper trendline and 200 EMA (~$83,952), suggesting possible breakout. --- 2. Key Zones: FVG (Fair Value Gap): Around $78,678 — a demand zone where price could retest before moving higher. Breakout Confirmation Zone: ~$85,130 — breaking above this with volume signals strength. Target Point: $95,206 — an upside target projecting ~31.77% gain from the breakout. --- 3. Indicators: 200 EMA: Currently acting as resistance. Break above it confirms bullish momentum. RSI: Around 60 — pointing upward with bullish divergence from recent lows, showing increasing buying pressure. --- 4. Scenarios: Scenario 1 (Bullish Continuation): Breaks above trendline and 200 EMA. Retest (optional) and then heads toward $95,206 target. Scenario 2 (Retest First): Price dips into the FVG/demand zone. Finds support and launches upwards, confirming a strong base. Mr SMC Trading point --- Summary of the Idea: This is a buy setup on breakout or on pullback: Aggressive Entry: Break and close above $85,130. Safe Entry: Pullback into $78,678 area (FVG). Target: $95,206 Risk Zone: Below $78,000 (invalidates bullish structure). Pales support boost 🚀 analysis follow)
BITSTAMP:BTCUSDLong
by SMC-Trading-Point
6
XAU/USD) Bullish trand analysis Read The ChaptianSMC Trading point update technical analysis of Gold (XAUUSD) on a 2-hour timeframe, with a bullish outlook. Here's a breakdown 1. Trend & Structure: Uptrend Channel: Price is moving within a clear upward channel, respecting the trendline. Higher Highs and Higher Lows: Indicates strong bullish momentum. 2. Key Zones: Key Support Level (Yellow Box): Around $3,158.49 – this is the "safe entry point" if price pulls back. First Entry Point: Around $3,222.76 – likely a breakout entry above a local resistance. Target Point: $3,378.01 – a projected bullish target based on continuation. 3. Indicators: RSI (14): Currently above 70 (overbought zone), but still climbing. There's bullish strength, but a pullback may occur soon. 200 EMA: Positioned below current price, confirming the bullish bias. Mr SMC Trading point 4. Expected Scenarios (2 Paths): Bullish Continuation: Price keeps rising, respecting the uptrend and hitting the target. Pullback and Bounce: Price may retrace to the support zone or trendline, then bounce back up to target. Summary of Idea: This is a buy setup: Buy at breakout above $3,222.76 (First Entry) Safer buy at $3,158.49 (Support Re-test) Target: $3,378.01 Watch RSI for pullback clues. Pales support boost 🚀 analysis follow)
CAPITALCOM:GOLDLong
by SMC-Trading-Point
5
GOLD MONTHLY CHART LONG TERM ROUTE MAP ANALYSISMonthly Time Frame Analysis for GOLD Dear Traders, Attached is the Monthly Chart Route Map for GOLD. Since October 2023, we have consistently analyzed and traded GOLD with 100% target accuracy. The Golden Circle areas marked on the chart highlight our precise analysis and successful target achievements. Key Highlights: * After successfully hitting TP1 and TP2, the candle has closed above TP2. * EMA5 has crossed and locked above the TP2 level at 2603, confirming upward momentum. * The EMA5 detachment process has been completed successfully. * As previously noted, the Fair Value Gap (FVG) provided robust support at 2535, facilitating the upward push. What’s Next for GOLD? Based on these confirmations, we anticipate hitting TP3 this month. However, we have identified two significant GOLDTURN levels at 2702 and 2603. In the short term, we may see some bearish movements, but the monthly chart reveals the bigger picture: a sustained long-term bullish trend. This kind of temporary reversal strengthens the bullish trend and offers an excellent opportunity to buy at dips near support levels, reducing risk. Recommendations: To understand the support structure in greater detail, refer to our smaller time frame analyses, which will help you identify optimal dip-buying opportunities while keeping the long-term gaps in mind. As always, we’ll keep you updated with daily insights. Don’t forget to check our analyses on weekly, daily, 12H, 4H, and 1H time frames. We appreciate your continued support! Please show your encouragement by liking, commenting, and sharing this post. The Quantum Trading Mastery
FXOPEN:XAUUSDLong
by TheQUANTUMTraders
BTC/USD) rejected point analysis Read The ChaptianSMC Trading point update This chart presents a bearish short-term technical analysis for Bitcoin (BTC/USD) on the 2-hour timeframe. Here’s a breakdown --- Key Observations: 1. Downtrend Structure: Price is forming lower highs and lower lows. A clear downtrend is marked on the chart. 2. Rejection Zone: The yellow highlighted area near $83,800–$84,000 is labeled as a “rejected point.” Price touched this zone and got rejected again, confirming resistance. 3. 200 EMA (Exponential Moving Average): The 200 EMA is at $82,291, acting as dynamic resistance. Price is currently below it, reinforcing bearish momentum. 4. Support Level / Target: The yellow box at the bottom around $74,559 is marked as the support zone and target level. This is the previous low and aligns with the lower boundary of the descending channel. 5. RSI (Relative Strength Index): RSI is showing a potential bearish divergence and is pointing downward, suggesting weakening bullish momentum and a likely move lower. Mr SMC Trading point --- Trade Idea: Bias: Bearish Entry: Around $81,300–$82,000 (after rejection confirmation) Target: $74,559 (support level) Stop-loss: Could be placed just above the rejection zone, around $84,000 --- Pales support boost 🚀 analysis follow)
BITSTAMP:BTCUSDShort
by SMC-Trading-Point
13
XAUUSD Analysis: Will It Soar or Dip? Esential Levels to Monitor🚨 Attention Traders! 🚨 XAUUSD is making waves and breaking through key levels! 🔥 The price is currently battling between 2977 and 2987 — will we see a breakout soon? Bearish Alert: A dip below this range could lead us to targets like 2960 and 2955. ⚠️ Bullish Opportunity: A move above 2987 could trigger buying opportunities, with targets around 3004 and 3030. 🚀 💬 Let’s Talk Strategy! What’s your take on this? Share your insights as we ride this golden wave together and unlock new opportunities! 💰
TVC:GOLD
by ANNA_EXPERT
XAUUSD Update: Bullish or Bearish? Key Levels to Watch! 🚨 Attention Traders! 🚨 XAUUSD is making waves and breaking through key levels! 🔥 The price is currently battling between 2980 and 2989 — will we see a breakout soon? Bearish Alert: A dip below this range could lead us to targets like 2860 and 2850. ⚠️ Bullish Opportunity: A move above 2989 could trigger buying opportunities, with targets around 3004 and 3027. 🚀 💬 Let’s Talk Strategy! What’s your take on this? Share your insights as we ride this golden wave together and unlock new opportunities! 💰
TVC:GOLD
by ANNA_EXPERT
USD/JPY) Bullish reversal analysis Read The ChaptianSMC Trading point update This chart is for USD/JPY on the 1-hour timeframe, and it presents a bullish trade setup. Let’s break down the idea --- Key Observations: 1. Current Price: USD/JPY is trading around 146.281. 2. Overall Bias: Bullish setup expecting a bounce from demand into a higher target zone. 3. EMA 200: Price is currently below the 200 EMA (147.942), which usually suggests a bearish trend — but this setup is aiming for a short-term bullish retracement. 4. Demand Zone (Buy Area): Marked in yellow between 145.822 and slightly above. Labeled as "FVG orders" (Fair Value Gap), suggesting institutional interest or imbalance fill. 5. Trendline Support: The price is approaching a rising trendline, adding confluence for a potential bounce. 6. Expected Move: Price is expected to bounce from the demand zone, form a higher low, and then move up toward the target zone at 148.221. Two upside targets are drawn: First Move: ~1.12% (30.6 pips) Full Target: ~1.76% (256.1 pips) Mr SMC Trading point 7. RSI (Relative Strength Index): RSI is around 37.66, nearing oversold territory, supporting a bullish reversal idea. --- Trade Idea Summary: Bias: Bullish Entry Zone: Around 145.822 (fair value gap & trendline support) Target Zone: 148.221 Stop Loss: Likely just below the demand zone or trendline Confluence Factors: Trendline support RSI nearing oversold Fair value gap zone EMA 200 overhead (target acts as resistance) --- Pelas support boost 🚀 analysis follow
Long
by SMC-Trading-Point
13
XAU/USD) Bearish trand analysis Read The ChaptianSMC Trading point update This chart analysis is for Gold Spot (XAU/USD) on the 1-hour timeframe. Here’s a breakdown of the idea shown: --- Key Points in the Analysis: 1. Current Price: XAU/USD is around $2,982.92 at the time of the chart. 2. Trend: The chart suggests a bearish outlook. Price has been consistently rejected from the yellow supply zone (around 3,020–3,033). EMA 200 (blue line) is above the current price, confirming downward momentum. 3. Rejection Zone: Marked in yellow between 3,020 and 3,033. Labeled as “Reject points”. Price failed to break above this zone multiple times. 4. Breakout Pattern: Two descending rectangles highlight bearish continuation patterns. A bearish flag or wedge is visible, followed by a breakout downward. 5. Target Zone: Highlighted in yellow between 2,900 and 2,921, with target point at 2,920.615. Price is expected to move down to this level. 6. RSI (Relative Strength Index): RSI is declining and shows bearish divergence, supporting downside move. Currently around 39.19, which is closer to oversold territory but still has room to drop. Mr SMC Trading point --- Trade Idea Summary: Bias: Bearish Entry Area: Rejection near 3,020–3,033 zone Target: 2,920.615 (highlighted support zone) Stop Loss: Could be placed above 3,033 (supply zone or EMA 200) Confluence Factors: EMA 200 rejection Bearish RSI divergence Repeated supply rejection Breakout from bear flag structures Pales support boost 🚀 analysis follow)
OANDA:XAUUSDShort
by SMC-Trading-Point
12
EUR /USD) bearish trand analysis Read The ChaptianSMC Trading point update This chart presents a technical analysis of the EUR/USD pair on a 1-hour timeframe. Here's the breakdown and idea behind the analysis: Chart Analysis Summary: 1. Trend Structure: The price was in a downtrend, moving within a descending channel. Recently, the price has rejected the upper boundary of the channel (noted as "down reject"). There's a 200 EMA (Exponential Moving Average) acting as dynamic support around the 1.09086 level. Mr SMC Trading point 2. Support Zone: A strong demand zone (highlighted in yellow) is visible near the 1.08183 area. This zone aligns with previous structure support and a potential reversal point. 3. RSI Indicator: RSI is around 49, showing a neutral to slightly bearish momentum. No overbought/oversold signals yet, suggesting room for further downside before a reversal. 4. Projection Idea: The analyst expects a possible short-term drop into the yellow support zone (target: 1.08183). After reaching the target, a bullish reversal is anticipated, aiming for a breakout above the downtrend with a rally towards the 1.10500+ zone. Trading Idea: Short-Term Bearish Move: Sell toward 1.08183 if price confirms rejection of the trendline or 200 EMA. Medium-Term Bullish Reversal: Watch for bullish confirmation (e.g., engulfing candle, RSI divergence) at the 1.08183 zone to go long toward higher highs. Pales support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
2
BTC/USD) Bullish reversal analysis Read The ChaptianSMC Trading point update This is a bullish reversal analysis on BTC/USD (Bitcoin to USD) on the 4-hour chart, suggesting a potential long opportunity after a sharp corrective move. --- Key Breakdown of the Chart: 1. Strong Downward Move with Potential Reversal: Bitcoin experienced a sharp drop from the 88k region to ~74,387.50, now hitting a key demand zone (marked as "Orderblock"). 2. Bullish Reaction Expected: From the Orderblock support zone, a bullish reversal is anticipated. The projected move aims to fill the imbalance and test the target zone between 87,152.94 and 88,557.14. 3. RSI Oversold: RSI is around 32.27, indicating oversold conditions and adding confluence for a potential bounce. 4. EMA (200): The 200 EMA lies around 85,153.85, which may act as dynamic resistance on the way up. Mr SMC Trading point 5. Price Target: The expected upside move is approximately +13,722.85 points (+18.75%), aiming for the supply zone above 87k. --- Conclusion / Trade Idea: Entry Zone: Near 74,387.50, the orderblock/demand area. Target Zone: 87,152.94 – 88,557.14 Bias: Bullish short- to mid-term reversal. Confluences: Oversold RSI, clean support zone, potential trendline bounce, and price inefficiency above. --- Pales support boost 🚀 analysis follow)
COINBASE:BTCUSDLong
by SMC-Trading-Point
1
XAU/USD) Bearish analysis Read The ChaptianSMC Trading point update This chart analysis of Gold (XAU/USD) on the 2-hour timeframe appears to be a bearish setup based on Smart Money Concepts (SMC). Here's a breakdown Key Elements: 1. Price Channel Break & CHoCH: The price was in a rising channel. A clear Change of Character (CHoCH) occurred after the price broke below the structure, signaling a shift from bullish to bearish. 2. Fair Value Gap (FVG): There's a bearish Fair Value Gap (FVG) highlighted in the yellow box around the 3,047–3,075 level. The expectation is that price may retrace into this FVG before continuing downward. Mr SMC Trading point 3. Target Zone: A major demand zone or target point is marked around 2,940, indicating a potential bearish move of around -148 points (~4.8%) from the FVG. 4. EMA & RSI: 200 EMA is around 3,047, acting as dynamic resistance now. RSI is below 40 and trending down, showing bearish momentum with slight bullish divergence, hinting at a short retracement before another drop. --- Summary of the Idea: Bias: Bearish Trade Plan: Wait for price to retrace into the FVG zone (~3,047–3,075). Look for bearish confirmation (like bearish engulfing or rejections). Enter short with a target at 2,940, stop above FVG. Let me know if you’d like help formulating a trade setup or risk management plan based on this. Pales support boost 🚀 analysis follow)
CAPITALCOM:GOLDShort
by SMC-Trading-Point
USD/JPY) bullish trend analysis Read The ChaptianSMC Trading point update This chart is an analysis of the USD/JPY currency pair on a 2-hour timeframe, and it presents a possible bullish scenario. Here’s a breakdown of the idea: --- Key Points of the Analysis: 1. Support Level & Change of Character (ChoCH): Price found strong support around 144.556. A ChoCH (Change of Character) is noted, indicating a potential shift from a bearish to a bullish trend. 2. Bullish Reversal Setup: The price is forming higher lows, suggesting the start of a "New Up Trend". There's a clear zig-zag bullish projection, suggesting potential long opportunities. 3. Target Zones: The first target point is in the range of 149.692 – 150.493. This area is also marked with a resistance zone, making it a logical TP (Take Profit) level. 4. Risk/Reward Ratio: The risk is around -3.75% (-564.8 pips), and the reward is around +3.94% (+569.2 pips), suggesting a 1:1.05 R/R ratio. 5. RSI Indicator (Below): RSI is showing a bullish divergence (price made lower lows while RSI made higher lows). This divergence supports the idea of a possible bullish reversal. 6. 200 EMA: The 200 EMA is at 148.767, acting as a dynamic resistance. Price may react around that level before hitting the final target zone. Mr SMC Trading point --- Conclusion: This analysis suggests a potential long trade setup on USD/JPY based on: A support zone, Bullish RSI divergence, Market structure shift (ChoCH), And projected movement toward 149.692–150.493. Idea: Buy near the support zone (~144.556) and target the resistance zone (~150.493) while managing risk carefully. --- Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
2
USD/JPY Bullish Reversal: Order Block & EMA 200 TargetSMC Trading point update This chart presents a technical analysis of USD/JPY on the 1-hour timeframe. The key insights from this analysis are: 1. Order Block & Potential Reversal The price has dropped significantly and reached a highlighted order block zone (a key demand area). A potential inverse head and shoulders pattern is forming, indicating a possible bullish reversal. 2. Expected Bullish Movement The price is expected to bounce from the order block, creating a bullish structure. The projected move suggests a retracement toward a resistance zone, which aligns with previous price action. Mr SMC Trading point 3. Target Zone & EMA 200 The target zone is around 148.946 - 149.178, aligning with the 200 EMA, a significant resistance level. 4. RSI Indicator The RSI is currently low (~38.93), indicating potential for a reversal as the market may be oversold. Conclusion The chart suggests a bullish retracement after the recent drop, targeting the resistance zone near the 200 EMA. However, confirmation is needed (e.g., bullish price action, volume increase) before taking a trade. Keep an eye on fundamental news that may impact USD/JPY volatility. Pales support boost 🚀 analysis follow)
Long
by SMC-Trading-Point
Rounded Top Forming – Will XRP Hold the $2 Support Line?CRYPTOCAP:XRP is currently showing signs of weakness as it continues to drift lower beneath a rounded distribution arc. The price action indicates a potential rounded top pattern, which typically suggests a gradual shift from bullish to bearish sentiment. The asset has broken below the mid S/R zone and is now trading near a crucial strong support area, just above the 200 EMA — which is acting as dynamic support at around $1.95. This level is a key battleground for bulls and bears. DYR, NFA
Short
by unichartz
Gold (XAUUSD) Bullish Reversal Setup – FVG Entry to EMA 200 ResiThis chart shows a potential bullish setup for Gold (XAUUSD) on the 15-minute timeframe, with some key technical elements and a projected trade idea. Here's a breakdown of the analysis: 1. Current Market Overview Price: Trading around $3,038.51. Trend: Recent downtrend followed by a minor recovery. Indicators: EMA 200 (Blue): Currently at $3,090.41, acting as a dynamic resistance. EMA 30 (Red): Positioned below the EMA 200, indicating a still bearish trend but with potential for a pullback. 2. Key Zones & Labels Limit Entry Zone: Highlighted around $3,025.72 (bottom purple zone) Labeled as “LIMIT ENTRY”, indicating a potential buy entry. This area corresponds with a fair value gap (fvg) — often used in smart money concepts as a sign of institutional interest. Target Zone: Around $3,082.22 (top purple zone) Labeled as “target point EA”. Lies just below the EMA 200 resistance level, which is a likely take-profit area for a bullish move. 3. Projected Price Action A possible bullish retracement is anticipated: Dip into the limit entry/fvg zone at ~$3,025. Then, a rally targeting the $3,082 zone, possibly extending toward the EMA 200 at ~$3,090. 4. Trade Setup (Based on the Chart) Entry: Around $3,025.72 (limit buy) Target: Between $3,082.22 - $3,090.41 Risk: Likely below the FVG zone (~$3,015–$3,020), depending on risk appetite. Conclusion This is a smart money concept-based setup anticipating a liquidity grab or fair value gap fill before a bullish move. The trade aims for a reversal at a key demand zone, with confirmation from EMA confluence above as a profit target. Would you like help plotting stop-loss levels or analyzing the risk/reward ratio?
CAPITALCOM:GOLDLong
by EA_GOLD_MAN_COPY_TRADE
2
EURUSD Bearish Correction Resistance Rejection Support TargeTTrading point update This chart provides a technical analysis of EUR/USD on the 3-hour timeframe with key insights: Analysis & Expectations 1. Overbought Condition & Rejection Price reached a strong resistance zone (highlighted in yellow) around 1.11425 - 1.10751, leading to a sharp rejection. The RSI is in the overbought zone (~68.43) and showing a downward slope, indicating a potential bearish correction. Mr SMC Trading point 2. Expected Bearish Correction A potential drop is expected toward the support level around 1.08501 - 1.07925, aligning with past price action. The 200 EMA (1.07757) also serves as a significant support level, reinforcing a possible retracement. 3. Target Levels Short-term Bearish Target: 1.08501 (Support level) Key Support Zone: 1.07925 - 1.07757 (Near 200 EMA) Conclusion The analysis suggests a bearish retracement after the strong bullish move. Traders may look for short opportunities targeting the support level and 200 EMA while watching for confirmation signals before entering. Pales support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
1
Gold (XAU/USD) Technical Analysis: SMC Trading point update This chart is a technical analysis of Gold (XAU/USD) on a 4-hour timeframe. Here’s a breakdown 1. Ascending Channel: The price is moving within an upward channel, showing a bullish trend. Higher highs and higher lows confirm the uptrend. 2. Support and Resistance Zones: Yellow Boxes: Key support zones where price previously consolidated before moving higher. Red Arrows: Marking resistance zones where the price faced rejection. Green Arrows: Indicating support levels where the price bounced. 3. Current Price Action: Price recently dropped to a key support zone (around $3,050). A bullish reaction is expected from this level. If support holds, the price may continue the uptrend toward the target of $3,186. 4. Projected Move: The black zigzag line suggests a potential bounce from support. If the support level holds, price could move back up within the channel. Mr SMC Trading point Conclusion: If price respects the support zone, there could be a good buying opportunity. A break below the support zone would signal potential bearish movement. Monitoring price action around the yellow zone is crucial for confirming direction. Pales support boost 🚀 analysis follow )
FOREXCOM:XAUUSDLong
by SMC-Trading-Point