Get started

Fractal

GBP USD Complete Analysis - Top Down - Structure wiseHi guys, Below im going to go through a detailed breakdown of GBP USD for longer term swing trades and what i am looking for to confirm any trade direction. Firstly i want to start of at the monthly time frame: Below is a photo of the monthly timeframe clearly showing bearish structure with lower highs and lower lows: So our monthly bias is bearish, and the last rally could just be a pull back to continue lower, However, considering that the low that was created in September of 2022 created a new all time low for the pair, i am skeptical that this pair will go any lower. Furthermore, looking at the price action from the low of 2016 till date we can see that price has been pretty much range bound, which also looks to be a Wyckoff accumulation schematic. However this will only be confirmed once price breaks above the last high marked up in the above drawing, as this will confirm bullish strength and a break of long term structure to the upside. Conclusion of monthly time frame analysis: Trend is bearish but it seems to be at it's turning point. So we need to see confirmations of lower timeframe to determine weather price will continue to drop or go higher. Now lets look at the daily time frame: Looking on the daily time frame we clearly see bullish structure, with higher lows and higher highs, however remember this entire structure could just be a pull back of the monthly time frame's bearish structure. So when will this move be considered a pull back of the bearish monthly structure? if price manages to break the recent low marked up in the above drawing at around 1.204. this will indicate a break of the bullish structure on the daily timeframe and a shift from bullish to bearish structure. As long as price is above this low, 1.204 then the structure will remain to be bullish. So to recap, on the monthly we are overall bearish but we are expecting that we are at the end of the bearish move, but we need to see the lower timeframes confirm if price wants to go higher. As of now, the daily structure is bullish and the structure is holding. So we can look for buys at this point. Lets go down to the 4 hr time frame: On the 4 hr timeframe we can see the clear bearish structure. but remember that as long as price is above the 1.204 mark then we are bullish on the daily, so this bearish structure gives us opportunities to enter long positions at lower prices. But in order to confirm that this bearish structure will not just continue to drop and shatter the 1.204 mark, then we need to see a shift in structure from bearish to bullish, which will occur when price breaks above the high in the above photo at around 1.28. This will indicate the end of this bearish pull back and a change in structure from bearish to bullish, so then we will have bullish structure on the 4 hr and the daily time frames. Entries however will be taken on the 15 or 5 min timeframes, when the time comes. For now i need to wait and see if the 4 hr structure will turn bullish or not. Also another note on the 4 hr timeframe, structure aside, we can see some signs of accumulation where we have just done a quick sweep and stop hunt of the lows which also indicate that bullish strength may enter soon. As shown in the below photo: So overall i am bullish on GBP USD but i need the 4 hr time frame to confirm my bias by breaking structure upwards and clearing the 1.28 mark. At that point we will scope in on the 15 min for entries on pull backs. The other scenario is if price continues to be bearish, and breaks the low on the daily time frame at around 1.204, this will completely shift our bias from bullish to bearish, and will look for sell positions on pull backs. So for now, we wait. Wait for price to show you what it wants to do, does it want to respect the bullish structure on the daily time frame? or does it want to shift the structure from bullish to bearish? this will be the deciding factor here. And based on that we can analyze further and look to take some good swing trades. If you made it this far, i thank you for your time and patience, and i hope this helped you in some way. Thank you, and happy new year to everyone!!
Long
by mohamed_hammoud
4
Analysis of USD/JPY (Hourly Chart)The USD/JPY pair is currently trading near a critical zone, indicating potential for a strong movement. The price has been consolidating near the 157.00 level, which serves as a key psychological zone. Based on the recent price action and support/resistance levels, there are two plausible scenarios: continuation of the uptrend or a reversal toward lower levels. Key Levels to Watch: Resistance Levels: First resistance: 157.50 Second resistance: 158.00 Major resistance: 158.50 Support Levels: First support: 156.50 Second support: 155.50 Major support: 154.50 Potential Scenarios: 1. Bullish Scenario (Buy): If the price breaks above 157.50 and consolidates, it may indicate the continuation of the uptrend. Entry: Wait for a clear breakout above 157.50. Targets: Target 1: 158.00 Target 2: 158.50 Stop-Loss: Place the stop-loss below 156.70 to protect against unexpected reversals. 2. Bearish Scenario (Sell): If the price falls below 156.50 and closes under this level, a downward correction or trend reversal may be in play. Entry: Enter short positions if the price breaks and consolidates below 156.50. Targets: Target 1: 155.50 Target 2: 154.50 Stop-Loss: Place the stop-loss above 157.00 to limit potential losses. Technical Indicators to Monitor: RSI (Relative Strength Index): RSI hovering around the 50-60 range may indicate potential bullish momentum if it moves higher. Conversely, a drop below 50 could signal bearish pressure. Moving Averages (MA): Watch for the 50-period MA crossing above or below the 200-period MA for trend confirmation. Summary: At the moment, the market sentiment appears bullish, but the lack of strong movement suggests caution. Traders should monitor the 157.50 resistance level closely for confirmation of a breakout, while also keeping an eye on the 156.50 support level for potential bearish setups.
by MD-Priceaction
EURUSD THREE POSSIBLE OUTCOMESWe have a decent weekly range to work with of just over 230 pips. First setup is for price to pullback a bit higher without breaking the previous weeks high targeting the low Price could also take the previous weeks high for a deeper pullback then wait for price to bearish confirmation to target the low. This setup would take slightly longer to play out than the first. The last out come is for price to go above the December's high and that would invalidate this setup and I will post my insights if that happens. Flow with the market and use lower timeframe confirmation if you see a good setup.
Short
by Keyserfx
NVDA Z-Wave Coming to and End | -50%Z Wave coming to an end as the Trend Reader is overbought with weak price action As shown I've highlighted the buyer in comparison and price is decreasing at each pump with the same amount in pullbacks except for this 3rd rally you can see price pulled back around 50% which can indicate the bears stating to roll in as buyers keep getting weaker. Probably 30% increase before we see any significant selling, once price enters Top Zone ~($185) we'll look for short opportunities.
NASDAQ:NVDAShort
by Nathanl19
GALA 300% Next MovePrice is coiling up for the second half of this fractal pattern (Rally C) and I'm looking at a bottom some time around February as the last pattern took off around the same time The reason for this forecast to hit the Demand level again is because of the divergence move seen on the Trend Reader, and the fractal pattern itself calls for a retest back to demand Long term EMA is projecting flat readings for the future and this can also give us a signal for price to slam back down. Trend Reader The Short Term Signal Line is racing back to the oversold zone and once the crossover takes effect we should see price shoot back up Looking back at the Long Term Signal Line its projecting that long term momentum is dying off and that after we hit this next high we can expect price to selloff like shown before with the last divergence pattern. Targets 7.7 Cents 13 Cents 16 Cents
BINANCE:GALAUSDLong
by Nathanl19
2
Will XRP Ever see sub $2 again? My thoughts inside.Will XRP Ever see sub $2 again❔️ Here is my current thoughts.🤔 📈 As we enter a new year and the close of a number of higher time frame candles it's easier to take a step back and look at the bigger picture.📉 There is no rush to act now. One GOLD phrase I use a lot when trading is 🌟"Hurry Up & Wait"🌟 👌 Regarding XRP right now. I do not know and it is ok to say so belive it or not.👍 It's easy to assume that after nearly 25 years of trading I should always have a trade on or know where the next one is. For me anyway that is not the case and for many other very successful traders I know that stands for them too.✅️ 🟢 On the current 60min chart the 8 hour leg up that just took out my key high noted in my earlier chart yesterday will tell me where I want to be depending on the next leg, be it either the continuation or retracement/reversal created in the next 8 hours will give me a better picture. ℹ️ However whilst price remains above 2.10 USD I do not want to take the short side of XRP.
COINBASE:XRPUSD
by seekingpips
XRP Ready to POP or FLOP? My entry bar maybe my exit too! I shared my last short during the formation of this 240min bar (marked on the chart) and I have held onto both of my shorts however price hasn't tipped it's hand as of yet. I don't like what I'm seeing here and being the last trading day of the year and having this position still in a very small profit I will be exiting my shorts just above break even and call it a year if price breaches the high of previous bar of my last short entry. ℹ️ My XRP buy limits will remain in the market regardless of the outcome of my short plan. 🟢2025 I plan on sharing a lot more and helping out where and when I can. 🟢My children have all flown the nest now so I will have a bit more time to partake in discussion and answering questions when I can. ⭐️Have a great week and year⭐️ Remember Without A Plan It's Just Gambling👌
COINBASE:XRPUSD
by seekingpips
2
BTC 2025 I have plotted the yearly OHL. White line shows year open. If you think BTC is bullish then you buy the year open and hold till EOY or hodl till your heart desires. Alternatively you could gamble and wait for a dip below year open and buy then. Or perhaps you can wait till there's a dip below year open and then wait for a reclaim back on top of the year open level to start bidding. Regardless I see a strong bull trend: 12 years of buy year open and hold till EOY = positive return 3 years of buy on year open and hold till EOY = negative return 2015 is an outlier but despite the heavy drawdown the year end gave a positive return. The probabilities are very skewed and its pretty crazy how complicated we make the LTF analysis and forecasts where the simplest of strategies garners significant gains. The years following a halving year (2013, 2017, 2021) all have a 100% hit rate of buy year open and hold till EOY. Those years offered a very positive return and marked the top of the "cycle" being followed by a down year. My personal opinion is you either buy now or buy higher later. We might look back in a few years and lament on how we had so much time to buy sub 100k. Alts see a similar pattern. The beginning of the year is crucial in determining what lies ahead.
CRYPTO:BTCUSDLong
by bhx10
4
XYO, possible fractal for more upward sugresThis one looks like a possible fractal appearing. The 3 lines denote very clear trend lines, which have been broken twice in previous instances. There are also two boxes that I've highlighted to show two possible fractals. Given the shape of the fractal, it could be on the cards again to play out for a third time taken into account the increased size of the fractal this time. Although, it could also be wave 3 having played out for the start of another impulse, but volume needs to pick up to confirm that. Worth keeping an eye, I wont be adding it to my portfolio. Follow for more.
COINBASE:XYOUSD
by cryptechcapital
1