GOLD (XAUUSD): Classic Trend-Following Pattern
Gold closed on Thursday, forming a bullish flag pattern
on an hourly time frame.
The flag reflects a correction that the market started after a completion
of a strong bullish wave.
A breakout of its resistance line and a candle close above will signify
a highly probable resumption of the trend.
With a high probability, the price will move up at least to a current ATH.
(Remember that the price may respect a trend line one or several times more
and a correction can be more extended, that is why we rely on a breakout of a reliable trigger).
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Flag
GOLD (XAUUSD): Trend-Following Setup ExplainedI spotted a bullish flag pattern on ⚠️Gold pair.
After reaching a new higher high, the price corrected within an expanding channel
To catch the next bullish move, I'm waiting for a bullish breakout of the flag's resistance.
We need a 4H candle close above that to confirm the breakout.
Target will be 3360
GBPUSD: Intraday Bullish Move Ahead! 🇬🇧🇺🇸
I see 2 strong intraday price action signals
on GBPUSD on an hourly time frame.
The price formed a double bottom pattern after a test of the underlined support.
Its neckline and a resistance line of a falling channel were broken
with London session opening.
We can expect a bullish continuation now.
Goal - 1.3271
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USDCAD Bear Flag pattern still in play, POST BOCIntraday Update: The USDCAD slipped to bear flag support following the interest rate decision. The market was trading short CAD in hopes of a cut, and was disappointed. A break of the 1.3830 level would open up channel support at 1.3760. The BOC presser is ongoing at time of writing.
Decentraland to Skyrocket 6000% in 2025? Explosive Potential...On the above 4-day chart price action has corrected 96% since November 2021.
A recession is coming, everyone is talking about it… that can only mean one thing, sellers are ready drop the price action the remaining 4% to $0
But what if…. What if price action prints a 6000% upward move instead?
Based on the technical chart for MANA/USDT (where the volume is at), we're seeing a compelling bull flag pattern with strong confirmation signals. Price action is currently testing the lower boundary of a multi-year descending channel, with the RSI oscillator showing significant positive divergence—a classic signal that downward momentum may be weakening despite continued price declines.
What makes this setup particularly interesting is the historical context on positive divergence. The divergence is measured over 24 days. For those of you that follow my work elsewhere you’ll recognise the significance of this period with stochastic RSI rotation.
Looking left, the 6000% forecast is a repeat of the impulsive move of 2021, which would take price action to circa $10 to $11. This forecast is also matched by the Fibonacci 1.272 level, which is interesting on its own for a reason I’ll explain elsewhere.
Is it possible sellers keep on selling the remaining 4% to 0, sure… sellers today are driven by fear and News.
Is it probable? No.
Ww
PS: No further public updates on this idea until August.
CADJPY structures created, having bullish view
Coming again on OANDA:CADJPY , analysis before this one closed manually, now having batter situation and sharing new view based on price action and patterns.
Few times price is bounce on zone 102.450. Now we have BULLISH FLAG (better visible on 2,1H TF) and we have TRIANGL formation, tomorrow BAC rate cut and some pairs like EUR and GBP versus CAD looks like will go bearish.
View is here bullish for this week.
SUP zone: 102.400
RES zone: 104.250, 105.000
Is the Finnish Bank OmaSp about to collapse?The charts are suggesting caution. On the above 10-day chart:
1) Double top in price.
2) Regular bearish divergence.
The higher the timeframe you look the more ugly this divergence is.
Laterally I’m wondering if the small banking crisis that hit the US is now venturing to other parts of the world. OmaSp does not appear to be in isolation.
There were some tell-tell signs before the collapses of Silicon Valley and Signature Banks. (No one in Europe heard of those banks!) They were:
1) Strong bond market exposure.
AND
2) Same TA as above.
“OmaSp has been active in the bond market since 2013” says their website. Very true..
Until recently you could get the information on their Bond market exposure.. You click on the WebPage today and you get:
www.omasp.fi
“Unfortunately the webpage you were looking for can not be found”
Oh dear…
Ww
Type: Trade, short
Risk: <=3%
Timeframe: Candles closing at 19 and under.
10-day Silicon Valley Bank
before
after
10-day Signature Bank
before
after
CHFJPY: Intraday Bullish Signal?! 🇨🇭🇯🇵
It looks like CHFJPY has completed a local correctional movement
after a formation of a strong bullish wave.
I see a violation of a resistance line of a falling wedge pattern as a confirmation.
Next goal - 175.72
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Total 3 targeting 1.5TWelcome back dearest reader,
This is going to be a short one, all information is in the chart above.
Total 3 has been in a Massive Cup and handle formation.
Measured from the base of the cup till the top of the handle gives us a ''total 3'' price target of 1.5T$ which is 100x from here. If you were to do a different analysis and like flags more then we come to the same price target of 1.5T$ (Blue bars).
Price action is now retesting resistance from march 2024 as support. When this is done i expect blast-off mode.
~Rustle
TSLA 45M chart - BULL flag Coiling for Breakout!www.tradingview.com
🚀 TSLA 45m – Bull Flag Coiling for Breakout
NASDAQ:TSLA TSLA ripped from $214 → $276 📈 and is now forming a bull flag just under resistance at $276.87.
🔹 Strong volume on the pole, cooling off during flag 🧊
🔹 RSI ~74 — strong, but not overheated 💪
🔹 MACD crossover 🔄 + momentum building 📊
🔹 Above all key EMAs (20/50/100/200) 🟢
🔹 OBV trending up — smart money is loading 💼📦
⚠️ Breakout above $277 = launch toward $293–$300, with extended target of $310–$330 if trend continues.
❌ Invalidation below $263.
📌 Watching for a breakout + retest entry 🔁
Let it cook. 🔥
Possible Bearish Market on USDCHFUSDCHF has been moving between support and resistance levels thereby creating a sideways movement on daily and weekly timeframes, also creating some flag patterns, currently, there is a potential sells on weekly and daily timeframes,
we might see a little movement up to the resistance zone at 92081, creating a triple top pattern before starting the downward movement again.
let's watch out for the market this week.
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Confluence at 65KBTC seems to be developing a bullish Gartley pattern, currently evolving within a potential bear flag.
The pattern would complete at point D, around $64,600–65,000, where multiple confluences meet:
- 78.6% retracement of XA
- 141.4% extension of BC
- Lower boundary of the flag
- Retest of former resistance trendline
- Saylor’s average entry price 😏
A key condition: we need to break below the current wedge to increase probabilities of reaching point C.
Until then, the pattern remains a setup in progress.
Letting it unfold, one leg at a time.