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Reversalpattern

EUR/JPY – Double Top with RSI Divergence (Bearish Setup)Technical Analysis (Short Trade Idea) EUR/JPY is forming a textbook double top pattern with notable bearish signals: First top: 173.242 S econd top: 173.111 (lower high, indicating weakening bullish pressure) Neckline: 171.650 – key support level, potential breakdown trigger RSI divergence: Bearish divergence observed as RSI prints lower highs while price forms nearly equal tops, signaling momentum loss This structure suggests a potential reversal from recent highs. A short opportunity may arise if price breaks below the neckline at 171.650 with confirmation. Trade Setup Sell Stop: 171.650 Stop Loss: 173.148 Take Profit 1: 170.180 Take Profit 2: 168.642
Short
by fahadfarooq54
2
Amd - This is just the beginning!Amd - NASDAQ:AMD - perfectly plays out: (click chart above to see the in depth analysis👆🏻) Despite the harsh drop of about -65% which we have been witnessing starting back in 2024, Amd remains bullish. Just three months ago, Amd retested a textbook confluence of support. We saw bullish confirmation, the bottom is in and Amd will rally significantly from here. Levels to watch: $200, $300 Keep your long term vision! Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
7
Bitcoin - We have to see new highs now!Bitcoin - CRYPTO:BTCUSD - is now at the previous highs: (click chart above to see the in depth analysis👆🏻) It could really not be more exciting on Bitcoin at the moment. With the current "all or nothing" potential breakout or double top creation, we will either see a bullrun or a bear market. So far, bulls are still strong, so the chances of a breakout luckily remain higher. Levels to watch: $100.000 Keep your long term vision! Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
15
Cup of the Morning for DXYThe TVC:DXY seems to be forming a Cup and Handle Pattern on the 1Hr Chart! Cup and Handle pattern is considered a strong Reversal Pattern where we should expect Bullishness for the USD. After the 2nd or Equal High to the 1st was formed, Price made a Retracement to the 38.2% Fibonacci level and found Support to the begin forming the "Handle" or Consolidation Phase of the Pattern. Price must Break and Close above the "Brim" or Equal Highs of the Cup @ 99.113 to Confirm the pattern! Once confirmed, we can then look for price on DXY to rise up to the next level of Resistance in the 99.6 area!
TVC:DXYLong
by Novi_Fibonacci
Micron Technology - Starting the next +80% move!Micron Technology - NASDAQ:MU - perfectly respects structure: (click chart above to see the in depth analysis👆🏻) Starting back in mid 2024, Micron Technology created the expected long term top formation. We witnessed a correction of about -60%, which ultimately resulted in a retest of a confluence of support. So far, Micron Technology rallied about +60%, with another +80% to follow soon. Levels to watch: $150, $180 Keep your long term vision! Philip (BasicTrading)
NASDAQ:MULong
by basictradingtv
11
Dogecoin - Don't forget the dog now!Dogecoin - CRYPTO:DOGEUSD - still remains quite bullish: (click chart above to see the in depth analysis👆🏻) Basically during every major bullrun on Dogecoin, we always saw a correction of at least -60%. Therefore the recent drop of -70% was not a surprise at all but rather a natural all time high rejection. If Dogecoin manages to now create bullish confirmation, the bullrun will continue. Levels to watch: $0.2. $0.5 Keep your long term vision! Philip (BasicTrading)
CRYPTO:DOGEUSDLong
by basictradingtv
24
Could BOJ's "HOLD" on Rates Turn AUDJPY "On Its Head"?Here I have a Multi-Timeframe analysis on OANDA:AUDJPY which is giving multiple signs of Higher Prices potentially to come!! First on the Daily we can see that Price formed a Hammer Candle after testing the March 11th Support Zone and as the next Daily candle forms (Today), we are already seeing a Bullish Confirmation candle begin! *Bullish Engulfing would be a textbook Confirmation Candle! Now zooming into the 4Hr / 1 Hr Charts, this Hammer is formed by what looks to be a very Strong Reversal Pattern, the Inverted Head and Shoulders! Now we are still waiting for the Confirmation of the Pattern where Price needs to rise to the "Neckline" or Resistance Level. Once Confirmed, we will look for a Breakout of the Pattern and if Validated, could deliver great Long Opportunities as a Breakout and Retest of the Inverted Head and Shoulders Pattern! If the Pattern is Successful, we could expect the Price Target to be at the next level of Resistance being the 95.3 - 95.6 Area! Fundamentally, the BOJ begins the week with Policy Rate decision Monday evening where they forecast a HOLD on Interest Rates, staying at .5%. This could have drastic implications on the JPY, potentially weakening it.
Long
by Novi_Fibonacci
Amd - This starts the next +200% rally!Amd - NASDAQ:AMD - is preparing a major rally: (click chart above to see the in depth analysis👆🏻) It has - once again - not been unexpected at all that we now see a major reversal rally on Amd. After the harsh drop of about -65%, Amd retested a significant confluence of support and already created bullish confirmation. It is quite likely that this now starts the next bullrun. Levels to watch: $100, $300 Keep your long term vision! Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
23
Nvidia - The breakout will eventually follow!Nvidia - NASDAQ:NVDA - will break out soon: (click chart above to see the in depth analysis👆🏻) Over the course of the past couple of days, we saw a quite strong rally of +50% on Nvidia. Considering the market cap of this company, such a move is quite impressive. Following this overall very strong bullish momentum, an all time high breakout is quite likely to happen soon. Levels to watch: $150 Keep your long term vision! Philip (BasicTrading)
NASDAQ:NVDALong
by basictradingtv
18
JPY/USD Deep Analysis Using MMC – Curve Zone + Volume Burst Zone📌 Overview: Today’s chart setup on JPY/USD demonstrates a classic Mirror Market Concept scenario, where price mimics past structure and behavior to create high-probability trade setups. We are looking at a textbook reversal with a rounded bottom forming right above a key Support Zone—signaling a strong potential move upward. This is not just a basic support bounce. It’s a multi-layered confluence where structure, volume, and price action come together to build a strong bullish narrative. 🌀 Phase 1: The Curve Zone Support (Accumulation) The Curve Zone Support (marked clearly on the chart) sits right above 0.006890–0.006910. Price touched this zone multiple times without breaking it, forming higher lows—a typical sign of accumulation. This pattern resembles a “rounded bottom” or cup shape, indicating that sellers are getting exhausted and buyers are slowly stepping in. 💡 Market Psychology: This is where smart money begins to accumulate positions, absorbing panic sellers while price coils up. 🧱 Phase 2: SR Interchange + Central Zone Reaction Notice the SR Interchange Zone around 0.006950. Previously it acted as a resistance, but price broke above and now respects it as support. This is a textbook SR flip, confirming that this level holds weight. The Central Zone, formed earlier, is where a battle between bulls and bears took place. Now price is creeping back toward it. 🧠 Mirror Market Concept Insight: Market tends to repeat structure. The earlier bullish rally from the same base level is a mirrored version of what’s forming now. That’s why this concept gives us confidence in projecting future price moves. 🔊 Phase 3: Volume Burst Area – The Target Zone We’ve marked a Volume Burst Area around 0.007040. This is where heavy buying occurred before a sharp decline. According to MMC, these areas often act like magnets—price gravitates back toward them once demand builds up below. If price clears the midpoint (50% retracement) around 0.006960, it opens the door for a bullish breakout toward the volume cluster. 🎯 Trade Plan Based on This Setup: Component Details Entry Zone 0.006920 – 0.006930 (buy zone) Stop Loss Below 0.006890 First Target 0.006980 (mid-level reaction) Final Target 0.007000 – 0.007040 (Volume Zone) 🧬 MMC Confluences That Make This Setup Powerful: ✅ Curve Zone Support – Foundational base for entry. ✅ SR Flip (Interchange) – Old resistance turned support. ✅ Volume Burst Area – Target based on prior aggressive moves. ✅ Structure Break – Bullish structure shift as price forms higher lows. ✅ Psychology – Accumulation turning into expansion. 🏁 Final Thoughts: This chart is a great example of how Mirror Market Concepts can unlock the hidden patterns of the market. It’s not just technicals, it’s also about understanding how traders think and how price reflects those emotions. When you combine curve structures, SR interchanges, and volume dynamics, you’re not guessing—you’re anticipating. If price respects this structure, this could be a clean move toward 0.007000+, offering a great risk-to-reward ratio.
Long
by GoldMasterTrades
Tesla - Don't get confused right here!Tesla - NASDAQ:TSLA - is about to create the bullish reversal: (click chart above to see the in depth analysis👆🏻) 2025 has been a rough year for Tesla so far. With a drop of about -50%, Tesla is clearly breaking the average retail trader. But the underlying trend is still quite bullish and if position strategy, risk execution and mindset control are all mastered, Tesla is a quite rewarding stock. Levels to watch: $275, $400 Keep your long term vision! Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
9