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Gold’s Next Big Move: Election Night’s Hidden Chart Signals!Chart Analysis Summary In both charts, we see a prominent ascending channel on a higher time frame (HTF), suggesting an overall bullish structure initially. However, there are signs of potential reversals, especially around critical levels where price fails to break higher and instead forms correctional structures. The ascending channel shown aligns with The Rule of Three, as it often precedes reversals after the third touch due to exhaustion in the trend​​. Reversal Signal: Double Top with Bearish Flag The first chart illustrates a double top pattern within the broader ascending channel, a common reversal signal. This pattern suggests a weakening bullish momentum, aligning with a probable corrective phase. Following the double top, we observe a bearish flag or descending channel, indicating that the price may continue downward after a break. This aligns with Patterns within Patterns, where a smaller bearish flag within a larger corrective structure increases the probability of a downside move​. Bull Flag Structure and Liquidity Zone Testing The second chart labels a large bull flag on the higher time frame (4H) near a liquidity zone. The corrective phase within this flag aligns with the market psychology of retracement after an impulsive move. Multi-Touch Confirmation indicates that these structures gain credibility with multiple touches on key support/resistance lines, making the upcoming third touch a critical point for deciding the direction​. Potential Entry and Exit Scenarios Based on Entry Types from your strategy: High-Probability Entry: Enter on a break of the corrective structure (such as the bear flag or descending channel) following multiple touches. Place a stop loss above the recent high if you’re anticipating a downside continuation, using a reduced-risk entry if you see low-momentum candles and ascending channels close to the top​. Wait for Confirmation: Given the corrective nature, it might be safer to wait for a confirmed breakout rather than entering at the top without solid confirmation. Back-tested data often shows better results when entries are taken after the third touch or initial pullback post-breakout​​. Confluence of Multi-Touch and Patterns The multi-touch confirmation method supports the idea of a third touch before a potential breakout or breakdown. Additionally, patterns within patterns enhance reliability, as seen with ascending or descending channels within larger structures, suggesting the market’s next probable moves more accurately. Strategy Application: Assess the Momentum: Enter on the first pullback (flag formation) after a significant breakout if momentum is strong. For a conservative approach, watch for a third touch on the boundary of the corrective channel. Risk Management: As part of your trading plan, place stops conservatively to avoid getting caught in corrective waves, as tight stops near liquidity zones may result in unnecessary stop-outs. Psychological Preparation: Avoid the perfectionist trap; if the confluence signals are strong but not perfect, following the 80/20 rule may be more beneficial than waiting for ideal entries, as markets rarely align perfectly with expectations​​.
OANDA:XAUUSD
by Adlercon333
Gold’s Next Big Move: Election Night’s Hidden Chart Signals!This is an image of the original Video tutorial i made walking through XAU/USD Chart Analysis Summary In both charts, we see a prominent ascending channel on a higher time frame (HTF), suggesting an overall bullish structure initially. However, there are signs of potential reversals, especially around critical levels where price fails to break higher and instead forms correctional structures. The ascending channel shown aligns with The Rule of Three, as it often precedes reversals after the third touch due to exhaustion in the trend​​. Reversal Signal: Double Top with Bearish Flag The first chart illustrates a double top pattern within the broader ascending channel, a common reversal signal. This pattern suggests a weakening bullish momentum, aligning with a probable corrective phase. Following the double top, we observe a bearish flag or descending channel, indicating that the price may continue downward after a break. This aligns with Patterns within Patterns, where a smaller bearish flag within a larger corrective structure increases the probability of a downside move​. Bull Flag Structure and Liquidity Zone Testing The second chart labels a large bull flag on the higher time frame (4H) near a liquidity zone. The corrective phase within this flag aligns with the market psychology of retracement after an impulsive move. Multi-Touch Confirmation indicates that these structures gain credibility with multiple touches on key support/resistance lines, making the upcoming third touch a critical point for deciding the direction​. Potential Entry and Exit Scenarios Based on Entry Types from your strategy: High-Probability Entry: Enter on a break of the corrective structure (such as the bear flag or descending channel) following multiple touches. Place a stop loss above the recent high if you’re anticipating a downside continuation, using a reduced-risk entry if you see low-momentum candles and ascending channels close to the top​. Wait for Confirmation: Given the corrective nature, it might be safer to wait for a confirmed breakout rather than entering at the top without solid confirmation. Back-tested data often shows better results when entries are taken after the third touch or initial pullback post-breakout​​. Confluence of Multi-Touch and Patterns The multi-touch confirmation method supports the idea of a third touch before a potential breakout or breakdown. Additionally, patterns within patterns enhance reliability, as seen with ascending or descending channels within larger structures, suggesting the market’s next probable moves more accurately. Strategy Application: Assess the Momentum: Enter on the first pullback (flag formation) after a significant breakout if momentum is strong. For a conservative approach, watch for a third touch on the boundary of the corrective channel. Risk Management: As part of your trading plan, place stops conservatively to avoid getting caught in corrective waves, as tight stops near liquidity zones may result in unnecessary stop-outs. Psychological Preparation: Avoid the perfectionist trap; if the confluence signals are strong but not perfect, following the 80/20 rule may be more beneficial than waiting for ideal entries, as markets rarely align perfectly with expectations​​.
OANDA:XAUUSD
by Adlercon333
Top Resistance Points in XAUUSDOur XAUUSD market analysis highlights a key sell level at 2750-2756, with an extreme sell zone around 2772-2776, where we expect significant selling pressure to develop. These levels are critical for those looking to capitalize on potential resistance in XAUUSD. On the buy side, our support area is set at 2702-2698 , suggesting a buy opportunity if the price revisits this range. However, given today's emphasis on the sell zones, these levels may see stronger market activity. Keep an eye out for any major USD news today, as it could impact these levels. If this analysis adds value to your trading strategy, a boost would be greatly appreciated—it’s always motivating to know my insights are valuable!
FOREXCOM:XAUUSDShort
by bluechipfx
PAYTM Ascending triangle PatternPaytm Daily Chart Analysis This daily chart of ONE 97 Communications Ltd (Paytm) shows a strong uptrend with prices consistently following an ascending trendline, forming a triangle pattern with higher lows. The stock is currently testing the resistance zone around ₹780 - ₹790, which aligns with previous rejections. Key Observations: 1. Triangle Pattern Formation: A triangle pattern is forming as the price consolidates within narrowing boundaries, indicating a possible breakout soon. The lower trendline has acted as strong support throughout this rally. 2. EMA Support: The price is trading above the 13, 48, and 200 EMA levels, signaling a bullish sentiment. These EMAs have provided reliable support, reinforcing the ongoing uptrend. 3. Volume Analysis: There is steady volume, with spikes on green days, suggesting accumulation. This volume behavior often precedes a breakout, where a significant volume increase can confirm the direction. 4. Resistance Levels: The key resistance levels to watch are ₹790 and ₹803. A breakout above these levels, especially with high volume, could push the stock into new highs. 5. Potential Scenarios: • Bullish Breakout: If the price closes above ₹790 with strong volume, it may lead to a breakout, targeting ₹850 and higher. • Reversal Scenario: If it fails to break ₹790 and reverses, it may retest the support around ₹748. A breakdown below this support could lead to further downside toward ₹700 or lower. RSI: The RSI is around 59, indicating mild bullish momentum. Watch for an RSI break above 60 to confirm strength on a potential breakout. Summary: Paytm’s price action suggests a high probability of a breakout. Traders should watch for a close above ₹790 for confirmation. Maintain caution around resistance and support levels, as a failed breakout could lead to a pullback. Disclaimer: This analysis is for educational purposes only and should not be considered as financial or trading advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
NSE:PAYTMLong
by tintinhawk
Bitcoin's Big Move: Is a Bullish Breakout Brewing?Hello CryptoTalk-ET fams, it's such a long time since we posted in here. Hope you guys are all fine and that this message will find you. Today we are going to look on Bitcoin's higher timeframe movements by which it seems an appropriate time to drop a reminder on the bullishness of the giant of all cryptos. Let's dive into today's insight. As we look at the Bitcoin chart, it’s hard not to get excited about what might be unfolding. In the world of trading, sometimes a chart tells a story, and this one is whispering bullish potential. If you’re a long-term Bitcoin enthusiast, this might be the setup you’ve been waiting for. The Setup: Consolidation Ready to Explode? First, let’s talk about that long consolidation phase. Imagine a coiled spring being pressed tighter and tighter — eventually, it’s going to snap back with some serious force. That’s what Bitcoin’s price has been doing over the last several months. Trading within the confines of that blue channel, BTC has been building up potential energy, and now, it looks like it’s ready to let loose. This phase of sideways movement is what traders call “accumulation” — a period where the market is gathering strength, waiting for the right moment to break free. On the chart, it’s clear that Bitcoin has now broken out of this consolidation channel, a powerful bullish signal. The Bullish Blueprint: A Classic Chart Pattern If you zoom in, you’ll notice a pattern that any technical analysis enthusiast will recognize: a series of higher highs and higher lows, reminiscent of the classic Elliott Wave structure. In simpler terms, Bitcoin is moving in an uptrend, creating stepping stones higher and higher. But this isn’t just any ordinary uptrend. The breakout from the blue trendlines suggests that Bitcoin is poised for a larger, more sustained movement. This kind of setup often signals the beginning of a new bullish phase, particularly on higher time frames. The $100,000 Target: Just Dreaming? Now, let’s address the elephant in the room: that big, green box near the $100,000 mark labeled as the take-profit zone. Yes, you read that right — six figures. This isn’t some wild, unrealistic moonshot target. Based on this chart setup and Bitcoin’s historical price patterns, $100,000 could actually be within reach. The logic here is simple. With the breakout from consolidation, Bitcoin has cleared an important resistance zone. If the current momentum holds, we could be looking at a classic “breakout and run” scenario, where prices don’t just rise but do so with conviction. Risk Management: Keeping It Smart Of course, with any trade, it’s essential to have a solid plan. This chart doesn’t just suggest a potential entry point; it also highlights a stop-loss level around the $59,982 mark. For traders, this is crucial. You want to ride the waves, but you also need a life raft if things don’t go as planned. The beauty of this setup lies in its risk-to-reward ratio. With the stop-loss in place, you know exactly how much you’re putting on the line, while the potential reward — a run toward $100,000 — could be several times that risk. Volume: The Secret Ingredient Here’s something interesting: Take a look at the volume bars at the bottom, particularly the ones marked by the red circle. Volume often tells the real story in trading. Think of it as the heartbeat of the market — when volume spikes, it means more traders are getting involved, more energy is being pumped into the move. And during the consolidation phase, if those volume spikes comes in at any point of time it will confirm us that we are in an accumulation phase, where big players were quietly positioning themselves. This accumulation phase is often the precursor to a major breakout. So when the volume starts to increase in sync with a price breakout, it’s usually a bullish sign. It means that more and more traders are putting their chips on the table, betting on higher prices. By this our priority to make ourselves in a better position will be making sure those volume bars are gaining an increment in length. Final Thoughts: A Bullish Journey Ahead? If this setup unfolds as anticipated, Bitcoin could be on the verge of an impressive rally. The structure is solid, the breakout is clear, and when the volume confirms it — we can say all signs are pointing toward a bullish continuation in the higher time frames. Of course, as with any market, there are no guarantees. But for those who believe in Bitcoin’s long-term potential, this could be a rare opportunity to catch a trend that’s been building up for months. Keep an eye on that entry point, monitor the volume, and let’s see if Bitcoin’s bullish journey toward six figures finally begins. Remember even though this doesn't mean we are already in the bullish move it feels like Bitcoin is showing all the possible bullish sentiments towards the market. That being said though we are still in an immature market in which needs a really heavy inspection and risk management tricks we need to consider that we might be seeing a further lower correction if the bears persist their position. Besides that we need the total sentiment to change in real time since we need to see a tangible movement of the volume. Hope we will be watching that in the near future since we are in a US election year. Are we ready for the ride? Buckle up — this could be the start of something big. 🚀 Stay tuned. More updates will be coming in.
Long
by cryptotalk_et
1
Trading Alert: Ready for a Bounce to 2810? XAUUSD Market Insights: Supply Zone: Currently facing resistance at 2788-90. Support Level: Key buying opportunity at 2780-74. Target: Aiming for 2810. Upcoming Catalyst: NFP report this Friday could create volatility. Strategy: Watch for a bullish reversal at support to enter a long position. Be ready for potential price swings around the NFP release. Feedback Welcome: If you like this analysis, your support would be appreciated!
FX_IDC:XAUUSDLong
by bluechipfx
INJ ANALYSIS🚀#INJ Analysis : 🔮#INJ is trading in a symmetrical triangle pattern on the daily timeframe. 💁‍♂️ We could expect a breakout and reach towards resistance 1 zone and could expect a potential bullish move📈 Expect a bullish wave of around 20-25% in the coming days 🔰Current Price:  $20.20 🎯 Target Price:   $27.35 ⚡️What to do ? 👀Keep an eye on #INJ price action. We can trade according to the chart and make some profits⚡️⚡️ #INJ  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
XAUUSD: Watch for a Sharp Decline Soon!XAUUSD MARKET ANALYSIS Today, we are focusing on key intraday levels that could influence trading decisions: Support Level: 2734-30 Resistance Level: 2748-50 Upcoming Market Events: This Friday, we have the highly anticipated Non-Farm Payroll (NFP) report, which historically tends to create significant volatility in the market. The data released can lead to quick price movements, offering potential trading opportunities. Monitor Price Action: If the price approaches the support level (2734-30) and holds, it may provide a buying opportunity, signaling potential upward momentum. Conversely, if the price breaks through the resistance level (2748-50), it could indicate a bullish trend, suggesting traders might consider entering long positions. Consider Market Sentiment: Pay attention to pre-NFP sentiment in the market. A strong jobs report could lead to a rally, while a weaker report might trigger a sell-off. Adjust your strategies accordingly. If you find this analysis valuable, please like the idea. Your support motivates us to continue providing high-quality content!
OANDA:XAUUSDLong
by bluechipfx
Potential Upside for EURNZDTechnical overview: The EURNZD currency pair has recently formed a head and shoulders pattern, and the price is currently at the neckline of this pattern as well as a significant resistance zone (1.8065-1.8160). If the price successfully breaks through this area, it could reach the specified price targets. However, if the price reverses downward from this zone, the first valid support level will be 1.78360. Fundamental overview: Considering recent geopolitical tensions that have driven the market toward risk-off sentiment, along with recent statements from the RBNZ, the NZD has weakened over the past month. If tensions continue to escalate in the coming days and weeks, we can expect this currency pair to increase further. This analysis will certainly be updated after the price reacts to the resistance zone and neckline. Don’t miss the upcoming trading opportunities in this currency pair. What are your thoughts on EURNZD ? are you bullish or bearish?
Long
by Market-Analyzer
5
WE GOT A 5/5 TRADE SETUP ON MBLY. LARGE MOVE INCOMING! NASDAQ:MBLY 🖐️WE GOT A 5/5 TRADE SETUP ON MOBILEYE. My trading strategy consists of 5 Indicators: 1.) A clear and clean Charting pattern setup. ✔️For this chart that is a symmetrical pattern. 2.) A Volume Gap to fill and strong buying area. ✔️ Clearly sitting on a large "Volume shelf" - JW 3.) The MACD up trending. Crossing Zero line=Bullish ✔️ We are indeed up trending and a Zero line crossing is imminent for this chart. 4.) Stochastic rising and making higher lows. ✔️ Up trending and just crossed the middle RSI band. Higher lows are being made on this chart. 5.) Weekly Stochastic Up Trend. Most bullish once it crosses up through lower band or down through upper band. ✔️ Clearly had a red through yellow flip and are up trending on this charts stochastic heading toward Lower band. Bonus: We are staying above the 50MA and about to have the 25MA cross upward through the 50MA as well (BULLISH Signal). Finally, I've been following this stock for awhile now and every market open we get a massive amount of short volume in order to try and drive down the stock and get the 20% of shareholders who aren't NASDAQ:INTC to sell them their shares for them to cover at lower prices. I hope you enjoyed it! Like ❤️ Follow 🤳 Share 🔂 NASDAQ:QQQ AMEX:SPY AMEX:IWM NASDAQ:TSLA NASDAQ:ENPH NASDAQ:SBUX NYSE:MCD #Stock #stocks #Stockmarket #EarningsReport #TradingTips #investing #investingideas
NASDAQ:MBLYLong
by RonnieV29
18
The Perfect Setup Unfolding: Don’t Miss This High-Prob TradeIWhat’s Changed and What to Look for Now? 1. Structure and Pattern Focus: Wedge and Correction Identified The yellow descending lines still highlight a wedge-shaped correction after the price made an upward impulsive move. Wedges often act as continuation patterns, meaning the trend (in this case, bullish) is likely to resume once the wedge is broken. Price has already broken out of the wedge and pulled back, hinting that the market might continue upward after this slight retracement. 🔍 What to Do: If you spot a wedge breakout like this, wait for a retest—which seems to be forming now—before entering the trade. This increases the chance of entering at a safer spot rather than chasing the move. 2. Identifying the "Potential Buy Zone" You have a Potential Buy Zone marked around the 2,636–2,647 range, which aligns with both: Key Fibonacci levels: 61.8% and 78.6% retracement levels. Demand area: The price previously bounced from this region, showing there’s buying interest. 📝 What to Do: Watch for price action signals within the buy zone, such as: Pin bars (candles with long lower wicks). Engulfing candles (strong green candles that close above the previous red ones). Mini flags or pullbacks to signal buyers stepping in. 3. Set Entry and Stop-Loss Levels Smartly If you enter within the buy zone, place your stop-loss below the 78.6% Fibonacci level (around 2,620). This ensures you’re protected if the trade goes against you. Target One: 2,675.051 Target Two: Around 2,700 These targets are based on previous highs and Fibonacci extensions (-27.2% and -51.8%). 🔍 Pro Tip: Always plan 2:1 or 3:1 risk-reward ratios. In this case, the stop-loss is relatively tight compared to the potential reward, making this a high-reward trade setup if price respects the buy zone. 4. Using "The Rule of Three" to Confirm the Setup Based on the Rule of Three, you should always have three confirmations before entering a trade​​. In this scenario, here’s how it applies: First confirmation: Price has entered the Fibonacci zone and buy zone (2,636–2,647). Second confirmation: A bullish reaction or candlestick signal forms (like a pin bar). Third confirmation: If price breaks above a mini-flag or consolidates slightly above this zone, it’s a strong sign to enter the trade. 5. What to Watch for as a Beginner If price touches the buy zone and starts to show signs of rejection (like a wick or small bullish candles), that’s your signal to consider entering. Be patient: If the price doesn’t give a clear signal, stay on the sidelines. Waiting for a proper entry reduces losses from impulsive trades. How to Back-Test This Setup: Look at past trades where the price pulled back into a similar buy zone with Fibonacci overlap. Record how often these setups worked and whether waiting for the confirmation signals improved your success rate. Summary for New Traders This chart is a great example of a continuation setup: Trend identification: The trend is still up, with a correction (wedge). Entry zone: The buy zone is based on Fibonacci and prior support. Wait for confirmation: Use candlestick patterns or break/retest setups. Targets and stop-loss: Define a stop below the buy zone, and target the next highs (2,675 and 2,700). This is an excellent opportunity to practice patience and discipline—wait for the right signals, and trade according to the plan. Use small positions if you're new, or try this setup in a demo account to build confidence!
OANDA:XAUUSD
by Adlercon333
Bitcoin - It Will Reach $100.000!Bitcoin ( BITSTAMP:BTCUSD ) will break out soon: Click chart above to see the detailed analysis👆🏻 Everything, and I literally mean everything, is bullish on Bitcoin. The previous cycles, timeframes, market structure and price action are all pointing towards the continuation of the bull run which started in 2023. And a breakout above the all time high, is the next trigger. Levels to watch: $70.000, $100.000 Keep your long term vision, Philip (BasicTrading)
BITSTAMP:BTCUSDLong
by basictradingtv
15