Get started

Technical Analysis

Gold (XAU/USD) – Bullish Reversal & Breakout PatternChart Pattern Analysis The 15-minute chart of Gold (XAU/USD) showcases a classic support-resistance structure, along with a potential bullish reversal pattern forming. The price is currently reacting to key levels, and the setup suggests an impending move toward higher price targets. Key Chart Patterns Identified: 🔹 Support & Resistance Flip: The price initially struggled at resistance (~$3,038 - $3,045) before experiencing a pullback. It found strong support (~$3,027 - $3,030), confirming a potential retest zone for a bullish reversal. 🔹 Double Bottom Reversal Pattern: The price bounced twice from the support zone, forming a possible double-bottom pattern – a classic bullish reversal sign. If the price successfully holds this level, a breakout above the previous high (ATH - $3,045) is expected. 🔹 Break & Retest Structure: A bullish breakout from resistance could trigger a rally toward the next target zone ($3,056 - $3,060). A possible higher low formation suggests market accumulation before an upward continuation. Trade Plan – How to Approach This Setup 📌 Entry Confirmation: Look for a bullish candle formation at support (~$3,027 - $3,030). A strong breakout and retest above ATH ($3,045) would provide further confirmation. 📌 Stop-Loss Placement: Below support ($3,027) to limit downside risk. If price breaks below this zone, the bullish scenario gets invalidated. 📌 Take-Profit Targets: 1️⃣ First Target: $3,045 (ATH breakout confirmation) 2️⃣ Final Target: $3,056 - $3,060 (Major Resistance & TP Zone) Potential Market Scenarios: ✅ Bullish Breakout: If price breaks & retests resistance ($3,045), a rally toward $3,060 is likely. ❌ Bearish Breakdown: If price fails to hold support ($3,027), a drop to $3,020 - $3,015 could occur. 🚀 Final Thoughts: This setup presents a high-probability bullish opportunity, but confirmation is key! Wait for price action signals before entering. 📊 Do you agree with this analysis? Drop your thoughts in the comments! 🔥
TVC:GOLDLong
by GoldMasterTrades
NZDJPY: Bearish Movement Confirmed 🇳🇿🇯🇵 All Yen pairs look bearish after the early morning BoJ interest rate decision and press conference. NZDJPY formed an inverted cup & handle pattern on a 4H after a test of a key daily resistance. High momentum bearish candle indicates a strong bearish sentiment. I think that the price may drop at least to 86.2 level. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
Will Mixed Geopolitical News Limit the Downside of Oil Prices?Macro: - Oil prices continued their decline following an agreement between the US and Russia to halt attacks on energy infrastructure, though without implementing a complete ceasefire. - The market turned bearish amid expectations that Russian sanctions may be eased, potentially increasing the oil supply surplus. - Uncertainty lingered as geopolitical tensions in the Middle East sent mixed signals. While the possibility of increased supply pushed prices down, fears of conflict disrupting oil production kept some upward pressure. Technical: - USOIL retested its descending channel's upper bound before rejecting the boundary and forming a bearish Engulfing Candlestick, which may provide a hint that bears are in control. The price is below both EMAs, indicating persistent bearish momentum. - Breaking below the support at 65.80 may prompt another plunge to the 100% Fibonacci Extension at 64.00. - Closing above 68.40 and breaking the descending channel's upper bound may shift the current structure sideways before retesting the following resistance at 70.20. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
FX:USOILSPOTShort
by DatTong
Nightly $SPY / $SPX Scenarios for March 19, 2025 🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸🏦 Federal Reserve Interest Rate Decision 🏦: The Federal Open Market Committee (FOMC) will announce its interest rate decision on Wednesday, March 19, at 2:00 PM ET, followed by a press conference with Fed Chair Jerome Powell at 2:30 PM ET. The Fed is widely expected to maintain the federal funds rate at its current range of 4.25% to 4.5%. Investors will closely monitor the Fed's economic projections and Powell's comments for insights into future monetary policy, especially in light of ongoing trade tensions and global economic uncertainties. 🇯🇵💴 Bank of Japan Monetary Policy Decision 💴: The Bank of Japan (BOJ) is set to announce its monetary policy decision on March 19. The BOJ is expected to keep interest rates steady, as policymakers assess the potential impact of U.S. trade policies on Japan's export-driven economy. The yen has remained stable ahead of the announcement, with traders awaiting the BOJ's guidance on future monetary policy. 📊 Key Data Releases 📊: 📅 Wednesday, March 19: 🏢 Existing Home Sales (10:00 AM ET) 🏢:This report measures the annualized number of existing residential buildings sold during the previous month, providing insight into the strength of the housing market. Forecast: 5.50 million annualized units​ Previous: 5.47 million annualized units​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao
Europe Vs US Break Out!This chart suggests huge long-term implications after breaking for the 2nd time this 16-year downtrend. EU since Trump took office has outperformed the US by 23%! More than half of that has occurred since the ambush on Zeleneskyy in the Oval Office. While no new high has been made yet to confirm, it is noteworthy that money may be flowing toward the EU more than the US for a decade or more. EU has a much lower debt to GDO at 80% than the US at 125%. Stock valuations are much more attractive than in the US. So much so that I labeled the EU as a value trap. Not anymore! The biggest obstacle right now is how much would a US recession impact the EU. Even if it does, I expect the EU to perform much better than the US. As such this chart should continue to outperform. I have another post up you may want to follow.
AMEX:VGKLong
by RealMacro
3
NAS100 Potential Intraday Shorts (Technical Analysis)Technical Outlook: The price action since late February has been decisively bearish, characterized by a significant decline throughout March, indicating a clear mid-term distribution phase. We observed a recent rejection from a 4H and 1H supply zone (which fell within a pronounced drop-base-drop pattern). Notably, the most recent downward push failed to establish new lows. This follows a period of rapid decline with minimal bullish resistance. This suggests two possibilities: Bulls are strategically allowing sellers to exhaust themselves before a potential countermove. The prevailing bearish momentum is overpowering any attempts at bullish recovery. Trading Considerations: The daily candle has formed a bearish engulfing pattern, confirming strong selling pressure. My trading strategy involves waiting for a price retracement back into the identified supply zone. This pullback would serve to fill existing price imbalances and trigger resting orders above, providing an opportunity to enter short positions with improved risk-to-reward ratios on lower timeframes (LTFs). Currently, there are no indications of significant bullish manipulation. Therefore, I anticipate continued downward momentum this week. It's plausible that we might witness a final bearish surge coinciding with the FOMC announcement before a potential bullish reversal - a hypothetical scenario based on technical analysis. Final Notes: The previous instance of the price trading this far below the 200 EMA occurred in December 2022, marking the culmination of a year-long bearish trend. While we are currently only one month into this downward movement, it's crucial to remember that past performance is not indicative of future results. Although a bullish rally is possible, I will maintain a bearish bias and focus on short opportunities until a clear bullish reversal pattern emerges on the 4H and 1H timeframes. When such a reversal occurs, we will be ready to capitalize on the subsequent upward trend! ;)
OANDA:NAS100USDShort
by Apexfx_Alpha
S&P - Will we follow 2020/2021?The S&P has been trading in a rising pattern for over 700 days, similar to the rising pattern observed in 2020 and 2021. In that instance, the price of the S&P broke below the support trendline and lost all SMA support, while also making a lower low. This has not occurred since the start of the current pattern. Could a deeper correction follow? Blue line = 50-day MA Red line = 100-day MA Yellow line = 200-day MA Analysis of the 2020/2021 Price Action We can conclude the following five points: 1. The rising wedge lasted for nearly 700 days. 2. The price consistently made higher highs and higher lows. 3. The S&P found support on the SMAs and never broke below the 200-day MA. 4. After approximately 700 days, the S&P broke below the rising wedge, lost all key SMA support, and made a lower low. 5. During the retest of the rising wedge and key SMAs (which had turned into resistance), a bearish cross (50-day SMA below the 100-day SMA) occurred, leading to a downtrend. How Does the 2020/2021 Price Action Correlate to 2023/2024? We can conclude the following five points: 1. The rising wedge lasted for approximately 750 days. 2. The price continued making higher highs and higher lows. 3. The S&P found support on the SMAs and never broke below the 200-day SMA. 4. After around 750 days, the S&P broke below the rising wedge, lost all key SMA support, and made a lower low. 5. A bearish cross between the 50-day SMA and the 100-day SMA is currently forming. When we overlay the bar pattern of the 2021 bearish price action onto the current chart, it suggests that a revisit to 4,750 is possible. This level is both a technical support and the point where the S&P started its downtrend in 2021. Conclusion Will the S&P follow the 2021 price action, resulting in a sustained downtrend, or will it reclaim all lost SMA levels and continue its uptrend? The price action suggests that there is a real possibility of weakness in the coming months.
CME_MINI:ES1!
by Youriverse
7
ARB/USDT – The zone is interesting for starting accumulation.Arbitrum - is an Ethereum layer-two (L2) scaling solution. It uses optimistic rollups to achieve its goal of improving speed, scalability and cost-efficiency on Ethereum. Arbitrum benefits from the security and compatibility of Ethereum. Another benefit is the higher throughput and lower fees compared to Ethereum. That is made possible thanks to moving most of the computation and storage load off-chain. Arbitrum’s native token is called ARB and is used for governance. Offchain Labs, the developers behind Arbitrum, announced the shift to a decentralized autonomous organization (DAO) structure — the Arbitrum DAO. ARB holders can vote on proposals that affect the features, protocol upgrades, funds allocation and election of a Security Council. CoinMarketCap : #51 The hyped-up Arbitrum! 😂 📉 January - February - March 2024: Bloggers trapped a huge number of people, and now we’re seeing a massive -87% decline! Looking at the main trend, a large descending channel is forming. The price is currently at the support of the inner channel, and if the market makes a final liquidity grab with a downward wick, the price could head toward the support of the outer channel, targeting a -30% drop. In my previous trading idea, I marked the 1.1552 zone, which is exactly where the price reversed. Everything is marked on the chart—the potential profit is very solid, especially for spot trading. The price will react strongly to the resistance zones of both the inner and outer channels. 🚀 These are the moments to watch for position accumulation—when no one is interested and belief in growth is dead, not when everyone is screaming "BUY NOW!" at local tops! *I will update the trading idea as the trend develops.
Long
by KECapital
1
Bitcoin drops. What's next?Hello, Traders! Bitcoin price continues to fall towards the next big support area at 74k-70k. Currently, there is no sign of BTC reversal, and it seems that this correction phase will last long. Ideally, the faster BTC finds its local bottom, the faster it starts to rise again. However, the current market conditions suggest that a period of consolidation might be necessary before a meaningful recovery. I doubt that the BTC price will fall below 70k despite all the negative sentiment surrounding it at the moment. More likely, we will see strong buying pressure at those levels, as institutional investors and long-term holders step in to accumulate at what they perceive as a discount. Also, the stochastic RSI on a weekly scale has dropped to 0, which historically indicates that momentum is oversold and a potential reversal could be near. If we see a bullish cross on the SRSI on a weekly timeframe, this might act as a catalyst for a price rebound, possibly pushing BTC toward new highs. Another indication of a possible bottom is the Fear & Greed Index, which currently sits at around 20. This level reflects extreme fear in the market, a condition that has often preceded local bottoms in previous cycles. Historically, such extreme fear tends to trigger a shift in sentiment, leading to increased demand and a subsequent price recovery. Furthermore, on-chain metrics suggest that long-term holders remain unfazed by the recent downturn, with exchange reserves continuing to decline. This indicates that a significant portion of BTC supply is being moved to cold storage, reducing selling pressure. Additionally, open interest in the futures market has seen a decline, which could mean that excessive leverage is being flushed out—a necessary step for a healthier market structure. If BTC manages to hold the 70k support level and confirms a reversal with increasing volume, we could see a strong recovery phase unfold. However, if the price breaks below this key support, the next significant area to watch would be around 65k, where additional buying interest might emerge. Please don’t forget to boost this idea and leave your comments below.
by Real_CryptoRoy
1
AUDNZD Finally Turning Bearish?AUDNZD pair turned sharply and impulsively down at the end of 2022, probably for wave A. Since the beginning of 2023, it’s been trading in a correction within a downtrend, ideally in a bigger ABC recovery within wave B, where we were observing subwave C as an ending diagonal/wedge pattern. We were actually tracking final subwave (5) of the wedge pattern within wave C of B that put the top in place, from where we saw a nice and sharp turn south which looks like an impulse into wave 1. So, after recent pullback in wave 2, the price action can resume within wave 3 of a five-wave bearish cycle, especially if we consider a broken lower wedge line.
Short
by ew-forecast
#1000CHEEMSUSDT is setting up for a breakout Long BINANCE:1000CHEEMSUSDT.P from $0,0014000 🛡 Stop loss $0,0013740 1h Timeframe ⚡ Plan: ➡️ POC is 0,0013254 ➡️ Waiting for consolidation near resistance and increased buying activity before the breakout. ➡️ Expecting an impulsive upward move as buy orders accumulate. 🎯 TP Targets: 💎 TP 1: $0.0014380 💎 TP 2: $0.0014700 🚀 BINANCE:1000CHEEMSUSDT.P is setting up for a breakout—preparing for an upward move!
BINANCE:1000CHEEMSUSDT.PLong
by MoriartyTrading
TradingView Idea for EUR/AUD (4H Chart) Market Overview: The EUR/AUD 4-hour chart displays a downtrend followed by a consolidation phase at a critical support zone. The price is currently reacting within a demand area, indicating a potential bullish reversal. Key Levels: Support Zone: ~1.7050 - 1.7100 (Highlighted in dark grey) Resistance Zone: ~1.7200 (Short-term) Target Level: ~1.74217 Potential Trade Scenarios: Bullish Scenario: If the price holds above the support zone, we could see a rebound towards 1.7200, with further continuation towards the 1.74217 target. Retest and Breakout: A slight pullback into the support zone, followed by a breakout above 1.7200, could confirm a strong buying momentum. Bearish Risk: A failure to hold above support may lead to further downside continuation. Trade Plan: Entry: Look for bullish confirmation in the demand zone. Stop Loss: Below the support zone (~1.7050). Take Profit: First at 1.7200, then 1.74217 for an extended move. Bias: Bullish if support holds, bearish if price breaks below.
Long
by ForexOptimizer
EUR/GBP Technical Analysis - 4H Chart 📌 Pair: EUR/GBP 📈 Current Price: 0.84092 Key Levels: 🔹 Support Zone: 0.83766 - A key area where price has previously bounced. 🔹 Resistance Zone: 0.84400 - A strong resistance level where price has faced rejection. 🔹 Target Level: 0.85004 - Potential bullish target if price breaks above resistance. Market Structure & Trade Idea: EUR/GBP has shown strong bullish momentum, breaking above the support zone (0.83766). Currently, price is testing the resistance level. A slight pullback toward support could provide a new buying opportunity. A break above resistance would confirm bullish continuation toward 0.85004. Trading Plan: ✅ Bullish Scenario: Wait for a pullback to 0.83766 before entering long, targeting 0.85004. ✅ Bearish Scenario: If price breaks below 0.83766, a deeper retracement to 0.82652 may follow. 🔍 Watch for: Breakout confirmation above resistance. Strong rejection from support before entering a trade.
Long
by ForexOptimizer
JPY/USD Price Action & Trade Setup Market Structure & Trend: The chart illustrates JPY/USD on the 4-hour timeframe, showing a rising channel pattern. Price has recently rejected from resistance near 0.0068058 and is now showing signs of a bearish move. Trade Setup: Bearish bias: The pair is breaking down from the channel, indicating a potential trend reversal. Key levels: Resistance: 0.0068058 Support Zone: 0.0064368 (Target area) Potential Move: A continuation of this bearish movement may lead to a drop toward the support zone. Conclusion: If the price sustains below the midline of the channel, further downside is likely. A retest of support at 0.0064368 could offer potential opportunities for either a bounce or a continuation of the bearish trend. 📌 What’s next? Watch for price action near the support zone for potential trade setups.
Short
by ForexOptimizer
Nightly $SPY / $SPX Scenarios for March 18, 2025 🔮 🔮 🌍 Market-Moving News 🌍: 🇺🇸🏛️ Federal Reserve Meeting Commences 🏛️: The Federal Open Market Committee (FOMC) begins its two-day policy meeting on March 18, with a decision on interest rates expected on March 19. While markets anticipate that the Fed will maintain current rates between 4.25% and 4.5%, investors will closely monitor the meeting for any signals regarding future monetary policy directions.​ 🇨🇳📊 China's Economic Data Release 📊: China is set to release key economic indicators, including retail sales and industrial production figures for February. These data points will offer insights into the health of the world's second-largest economy and could have ripple effects on global markets, including the U.S.​ 📊 Key Data Releases 📊: 📅 Tuesday, March 18: 🏠 Housing Starts (8:30 AM ET) 🏠:This report measures the number of new residential construction projects begun during the month, providing insight into the housing market's strength. Forecast: 1.31 million units (annualized)​ Previous: 1.34 million units​ 🏢 Building Permits (8:30 AM ET) 🏢:This data indicates the number of permits issued for new construction projects, serving as a leading indicator for future housing activity. Forecast: 1.35 million units (annualized)​ Previous: 1.36 million units​ ⚠️ Disclaimer: This information is for educational and informational purposes only and should not be construed as financial advice. Always consult with a professional financial advisor before making investment decisions.⚠️​ 📌 #trading #stockmarket #economy #news #trendtao #charting #technicalanalysis
AMEX:SPYShort
by TrendTao