Get started

Technicals

Solana - This just faked out literally everybody!Solana - CRYPTO:SOLUSD - just faked out literally everybody: (click chart above to see the in depth analysis👆🏻) Over the course of the past 25 days, Solana dropped a significant -30% and wiped out a ton of bulls before creating a complete reversal. Especially with the current horizontal support level, bulls are taking over again, offering us another major crypto trading opportunity. Levels to watch: $120, $250 Keep your long term vision! Philip (BasicTrading)
CRYPTO:SOLUSDLong
by basictradingtv
11
XAUUSD at Critical Support – Bullish Continuation or Pullback 🔍 Market Overview The chart shows a technical setup with clear support and resistance zones, alongside key Exponential Moving Averages (EMAs) to guide directional bias. 📊 Key Technical Levels Resistance Zone: ~$3,445–$3,460 This is a historically reactive area where price has reversed sharply in the past. A breakout above this zone would suggest strong bullish continuation. Strong Supporting Zone: ~$3,375–$3,390 Currently being tested. If the price holds here, it could act as a launchpad for a bullish move toward resistance. Support Zone: ~$3,320–$3,340 If the strong support breaks, the next downside target would be this zone, which aligns with the 200 EMA (blue line) — a dynamic support level. 📈 Moving Averages 50 EMA (Red): Currently at $3,345.60, serving as a short-term dynamic support. 200 EMA (Blue): Currently at $3,304.13, marking a critical longer-term support. Price staying above this EMA reflects a bullish bias. 🔀 Probable Scenarios Bullish Case (Preferred Scenario) If price holds the strong supporting zone and breaks above current highs (~$3,395), it could rally toward the resistance zone at $3,445–$3,460. Break and close above resistance may open the door for further upside continuation. Bearish Case A rejection from current levels or a break below $3,375 would likely lead to a retracement toward the support zone ($3,320–$3,340). A break below the support zone and the 200 EMA would shift the structure into bearish territory. ✅ Bias & Recommendation Current Bias: Cautiously Bullish As long as the price remains above the strong supporting zone and 50 EMA, bulls have the upper hand. Look for confirmation with a higher low or bullish engulfing candle before entering long. Trade Idea: Long Entry: On bullish confirmation above $3,395 Target: $3,445–$3,460 Stop Loss: Below $3,375 (support break)
OANDA:XAUUSD
by MrStellanSight
20
BTC at Key Inflection Zone – Breakout or Rejection Ahead?Asset: BTC/USD Timeframe: 4H or Daily (based on visual pattern structure) As of: May 6, 2025 Indicators: 50 EMA (Red): $91,615.79 200 EMA (Blue): $89,305.75 Key Technical Zones: 🔴 Resistance Zone: ~$104,000 – $108,000 This area has historically acted as a major supply zone. Price has been rejected from this level multiple times, indicating strong selling pressure. 🔁 Flip Zone (Resistance turned Support/Support turned Resistance): ~$95,500 – $100,000 The current price ($95,234.23) is testing this zone from below. A confirmed break and hold above could signal continuation toward the higher resistance. 🟢 Strong Support Zone: ~$88,000 – $91,000 Confluence of 50 EMA and 200 EMA adds strength to this demand zone. Previous breakout level and accumulation area. EMA Outlook: 50 EMA > 200 EMA: Short-term bullish crossover is active, indicating bullish momentum. Both EMAs are sloping upward slightly, suggesting trend strengthening. Price is currently above both EMAs, which acts as dynamic support. Potential Scenarios: ✅ Bullish Scenario: If price reclaims the $95,500–$100,000 resistance-turned-support zone: Expect upward momentum to continue. Target: $104,000–$108,000 zone. Break of $108K could lead to a macro bull continuation. ⚠️ Bearish Scenario: If price rejects the current zone and fails to hold above the $91,000 support: Look for retest of $88,000–$89,000 area (confluence with EMAs). Breakdown below that zone would invalidate bullish structure and signal potential deeper correction. Summary: Bias: Bullish above $91K, Neutral between FWB:88K –$91K, Bearish below $88K. Key Confirmation Needed: Daily close above $100,000 for strong bullish continuation. Risk Management: Watch for fakeouts within the $95K–$100K range due to past volatility.
BINANCE:BTCUSDLong
by MrStellanSight
7
XAUUSD Bullish Continuation Setup (read-caption)📊 Chart Overview: Asset: Unspecified (likely XAUUSD or a crypto asset). Timeframe: Looks like 4H or Daily. Tools Used: EMA 50 (🔴 Red Line) — 3,283.978 EMA 200 (🔵 Blue Line) — 3,185.603 Resistance & Support Zones (🔴 Highlighted boxes) Price: 3,335.415 🔍 Technical Analysis: 🟩 Trend Direction: 📈 Uptrend Confirmed: Price is above both EMA 50 and EMA 200 → Strong bullish momentum. ✅ Golden Cross: EMA 50 is above EMA 200, confirming long-term bullish bias. 📌 Key Levels: 🧱 Main Support Zone (🟥 Bottom Box - ~2,950–3,050): Historical strong bounce zone. Acts as a bullish base in case of a deeper pullback. 🔄 Mid Resistance/Support (~3,180–3,260): Now acting as support after price bounced above it. Also aligns with EMA 200 ➕🟦 – adds confluence. 📌 Main Resistance Zone (~3,300–3,380): Current area of consolidation. If broken, price likely to retest upper resistance. 🚧 Top Resistance Zone (~3,450–3,500): Target area if bullish breakout continues. ✈️ Next take-profit zone for bulls. 🧭 Market Forecast: 🔁 Retest Expected: Price might pull back slightly to the main resistance area (~3,300), retesting previous resistance as support. 🚀 Upside Potential: Upon successful retest, price is projected to head toward the upper resistance (~3,480). 📉 Bearish Scenario: If price breaks back below 3,260 and EMA 50, expect a dip toward 3,180 or even the main support zone. 📈 Summary: Bias: ✅ Bullish Watch for: 🔍 Retest of 3,300 zone ✅ Breakout above 3,380 ❌ Breakdown below 3,260 invalidates bullish scenario
OANDA:XAUUSDLong
by MrStellanSight
7
Gold (XAUUSD) 4H Chart – Key Resistance Test: Breakout or RejectSimple Analysis: Price is currently at a resistance zone (~$3,335). Two possible outcomes are drawn: Bullish scenario: Break above current resistance → move toward the next resistance (~$3,500+). Bearish scenario: Rejection from current resistance → fall back to the support zone (~$3,240). EMAs: 50 EMA (red) is above 200 EMA (blue) = bullish bias, but price must break resistance to continue upward. Summary: Watch for a breakout above ~$3,335 for bullish continuation, or a rejection for a potential drop to support near ~$3,240.
OANDA:XAUUSD
by Fxhenry22
EURNZD Bearish Reversal Confirmed: Break and Retest Below Key Su🧠 Market Context & Structure: Trend Analysis: The pair is currently in a bearish structure. This is evident from lower highs and lower lows forming after a failed bullish breakout attempt. Key Zone: A supply zone (highlighted in red) around 1.90198 – 1.90750 has acted as a strong resistance. Price was rejected here after retesting. Break of Structure (BoS): A clear bearish breakout below the ascending trendline and the horizontal support confirms a shift in sentiment. 📉 Indicators & Confluences: EMA Analysis: EMA 50 (red): 1.90757 EMA 200 (blue): 1.90728 Price is trading below both EMAs, which confirms bearish momentum. Also, a bearish EMA crossover (50 crossing below 200) may be forming or has just occurred — a death cross, which further supports downside bias. 🎯 Trade Setup Breakdown (Bearish Bias): Entry: Around 1.89760 (current price) Stop Loss: Above the supply zone (~1.9020 - 1.9070) Take Profit Target: Around 1.86035 (highlighted in green), aligning with previous demand zone or measured move. Risk-to-Reward Ratio (RRR): Estimated at ~3:1, making this a favorable setup. 🔽 Technical Patterns: Bear Flag / Rising Wedge: The broken ascending pattern suggests a bearish continuation. Retest Confirmation: Price retested the broken structure before continuing down — classic bearish retest behavior. ✅ Conclusion: This is a textbook bearish setup supported by: A failed breakout and structure shift Resistance at a key supply zone Break and retest of support Price under both EMAs (bearish confirmation) 📌 Bias: Bearish 📌 Invalidation Level: Close above 1.9075 📌 Next Support Zone: 1.8600–1.8550 range
Short
by MrStellanSight
8
USD/CHF Reversal Setup (Read-Caption)🧠 Professional Technical Analysis – USD/CHF 💱 🗓️ Date: May 6, 2025 🕰️ Timeframe: Likely 4H or Daily 📊 Current Price: ~0.82218 🔍 Technical Indicators 🔵 EMA 20: 0.84190 (short-term trend) 🔴 EMA 50: 0.82524 (mid-term trend) ❗ Bearish crossover: EMA 20 is below EMA 50 → short-term bearish bias 🐻 📉 Support Zone Analysis 🛡️ 🟥 Key Demand Zone (Support): 0.82084 – 0.81437 🔁 Price has bounced here before 🪃 🕯️ Candles with long lower wicks = buyers stepping in 🧍‍♂️💪 🟠 This is the “bounce zone” 📈 🧭 Trade Idea ✅ Long Entry: Around 0.82084–0.82200 🛑 Stop Loss: Below 0.81437 ❌ 🎯 Take Profit: Around 0.83600 🟢 ⚖️ Risk/Reward: Excellent (>2:1) if bounce holds 🚀 🔄 Price Action Outlook 📉 Downtrend approaching major support 🕯️ Looking for bullish candlestick confirmation (engulfing, hammer, etc.) 📈 Target area aligns with mean reversion to EMA 20 📌 Conclusion 👀 Watching for bullish reversal signs 🔄 🛒 Buy zone is clearly defined ✅ ⛔ Setup is invalidated if price closes below 0.81437
Long
by MrStellanSight
3
Silver Analysis: Bearish Continuation Toward $31 Support ?🧠 Chart Context & Setup Chart Type: Candlestick Timeframe: Likely 4H or Daily Indicators Used: EMA 50 (Red) — 32.814 EMA 200 (Blue) — 32.559 🔍 Key Technical Levels Resistance Zone: 33.600 – 33.950 Price faced repeated rejection in this zone, confirming it as a valid supply/resistance area. Support Zone: 30.600 – 31.100 Marked as the next potential demand zone, aligning with previous accumulation and reaction levels. Current Price: ~32.618 Just below the 50 EMA and slightly above the 200 EMA. 🔄 Market Structure The market experienced a strong bearish impulse in early April, followed by a bullish correction that reclaimed the 200 EMA. Multiple internal liquidity (INT.LQ) sweeps were taken before forming a potential lower high (LH) at the resistance zone. The recent bearish move broke below the EMAs and previous structure, indicating a possible shift back to bearish momentum. 📉 Bearish Scenario Outlook (Most Probable as of Now) The chart shows a projected lower high formation, likely leading into a continuation of the bearish move. If price fails to break back above 32.800–32.900, we could expect a sell-off toward the support zone (30.600–31.100). This move aligns with: Breakdown below EMAs Failed bullish continuation Rejection from a strong resistance zone 🧭 EMA Analysis EMA 50 > EMA 200, but the price is now sandwiched and showing signs of weakness. If price sustains below both EMAs, momentum is likely to favor bears in the short to medium term. ⚠️ Risk Factors to Watch Any strong bullish engulfing candle reclaiming the 33.000 zone could invalidate the bearish thesis. Fundamentals like USD volatility, inflation data, or geopolitical tension could impact Silver drastically. ✅ Conclusion The chart currently suggests a bearish continuation setup, with the potential for price to revisit the $31.00–$30.60 support zone after rejecting resistance. A retest of broken structure around 32.700–32.800 might provide an ideal entry for sellers.
CAPITALCOM:SILVERShort
by MrStellanSight
7
Silver – Bearish Move Toward Support🧠 Market Overview: Instrument: Likely Silver (based on file name). Chart Context: The price is currently trading below both the 50 EMA (red) and 200 EMA (blue), indicating bearish momentum and a possible shift in market structure. 📊 Key Technical Components: 🔹 Exponential Moving Averages (EMA): 50 EMA (32.614) is above the 200 EMA (32.526) but both are above the current price. This crossover is recent and could indicate the beginning of a larger downtrend if confirmed by continued price action below both EMAs. 🔹 Market Structure: POI (Point of Interest) marks a previous swing high where selling pressure emerged. The chart shows internal liquidity (INT.LQ) sweeps both above and below consolidation areas, hinting at smart money manipulation to grab liquidity before making a move. 🔹 Resistance Zone: Clearly defined between approx. 33.4–34.0, where price was rejected after a failed attempt to break higher. Multiple rejections from this zone show strong selling pressure. 🔹 Support Zone: Sitting between approx. 30.8–31.2. Price previously consolidated here before a bullish move, making it a likely target for a return test or a potential bounce. 📉 Bearish Scenario & Projection: The price broke below a short-term structure and failed to hold above EMAs. The current price action shows a bearish pullback likely to form a Lower High (LH). The projected path shows a pullback to previous support-turned-resistance, followed by a breakdown targeting the support zone. ✅ Bias: Short-term bias: Bearish Medium-term bias: Bearish, unless price reclaims the 200 EMA and consolidates above the resistance zone. 🔍 Confluences Supporting Bearish Outlook: Price below EMAs (dynamic resistance). Failed higher highs with liquidity sweeps (indicating smart money selling). Clear market structure shift to the downside. Anticipated retest of support zone around 30.8–31.2.
CAPITALCOM:SILVERShort
by MrStellanSight
4
XAU/USD Market Outlook – Key Levels & Scenarios (May 2025)📊 Market Overview Asset: XAU/USD (Gold vs. USD) – likely Timeframe: 🕒 4H or Daily EMAs: 🔴 50 EMA = 3,281 (short-term trend) 🔵 200 EMA = 3,179 (long-term trend) 🧱 Key Zones 🔺 Main Resistance Zone (🚫 Supply Area) 📍 ~3,320–3,400 🔍 Observation: Strong rejection zone with multiple failed attempts. 🚧 Price struggles to break and hold above here. ⚖️ Mid Support & Resistance Zone 📍 ~3,200–3,250 🧭 Current Action: Price is consolidating here. This is a key decision zone. A bounce or breakdown will likely decide the next big move. 🤔 🟦 Main Support Zone 📍 ~2,980–3,030 🛑 Observation: Major demand zone. If price falls here, it might attract buyers 👥 for a potential rebound. 📉 EMA Analysis 🔴 50 EMA is above 🔵 200 EMA → Trend still technically bullish ✅ 🟡 BUT: Price is currently below 50 EMA, showing short-term weakness ⚠️ ⚡️ 200 EMA is nearby (~3,179): Acting as dynamic support — a critical bounce zone! 🛡️ 🔮 Scenarios 🐂 Bullish Path ✅ If price bounces from 3,200 support zone and reclaims 🔴 50 EMA: 🎯 Target: Retest of 3,320–3,400 🔺 zone 📈 Confirmation: Strong candle closing above 3,281 🔴 EMA 🐻 Bearish Path 🚨 If price breaks below 3,200 & 200 EMA: 🕳️ Expect drop towards 2,980–3,030 🟦 zone 📉 Confirmation: Candle closes below 3,179 with weak retest ✅ Conclusion 📍 Key Level to Watch: 3,200 ⚖️ Market Sentiment: Neutral → Bearish bias unless price reclaims 50 EMA 🔒 Risk Tip: Avoid longs until price confirms bullish structure again 🔐
OANDA:XAUUSD
by MrStellanSight
8
EUR/AUD Bearish Channel with Key Support Ahead📉 Market Structure Analysis (Bearish Bias) Current Trend: The pair is trading within a well-defined descending channel, indicating a bearish trend. Price action is forming lower highs and lower lows, adhering to the channel boundaries. Moving Averages (EMA): EMA 50 (Red) at 1.77491 is above the price, acting as dynamic resistance. EMA 200 (Blue) at 1.73338 is close to current price, likely to act as a support area in the short term. The bearish crossover between the 50 EMA and current price supports the continuation of downward momentum. 🔍 Key Zones: Weak Resistance Zone: Located around 1.7740 – 1.8000, previously a support area, now acting as resistance. Price rejection from this zone multiple times indicates sellers' strength. Support Zone: Located around 1.6950 – 1.7100, where demand may return. This zone coincides with the lower boundary of the descending channel, making it a likely reaction zone. 📊 Forecast / Expectation: The chart projects a bear flag / corrective pullback before another leg downward toward the support zone. If price breaks and sustains below the EMA 200, it will likely accelerate bearish pressure. The descending channel suggests potential continuation to the downside unless price breaks out of the upper boundary with momentum. ✅ Trade Implications: Bearish Setup: Look for short opportunities on intraday pullbacks near the resistance or EMA 50. Bullish Invalidations: A breakout above the descending channel and sustained move above 1.7800 would invalidate the bearish outlook. Conclusion: This chart presents a technically clean bearish setup. The confluence of a descending channel, EMA rejection, and defined resistance/support zones suggests the EUR/AUD may continue lower, especially if it loses the 1.7300 level decisively.
Short
by MrStellanSight
10
US30 Approaching Key Resistance Within Rising Channel:🧠 Chart Context & Overview Chart Type: Candlestick Time Frame: Appears to be Daily (based on price action and spacing of dates) Current Price: ~$40,798.4 Indicators: EMA 50 (Red): ~40,065.2 EMA 200 (Blue): ~41,475.6 Trend Structure: Ascending channel with higher highs and higher lows forming since early April. 🔍 Technical Breakdown 📈 Trend Analysis The price is moving within a rising parallel channel, respecting both upper and lower boundaries. The recent bullish candles indicate momentum building towards a breakout or test of resistance. 🔄 EMA Confluence Price is above the 50 EMA, showing short-term bullish momentum. EMA 200 is acting as overhead resistance (~41,475), aligned with the top of the channel—a key decision zone. 📊 Support & Resistance Levels Immediate Resistance: ~41,475 (EMA 200 & upper channel boundary). Support Levels: ~40,065 (EMA 50) ~39,000 (mid-channel support zone) ~38,000 (lower channel boundary) 📌 Scenarios to Watch ✅ Bullish Case: A clean breakout above the channel and the 200 EMA (~41,475) with strong volume could trigger a trend continuation toward: 42,500 – next psychological and historical resistance Potentially higher if macro sentiment aligns ⚠️ Bearish Case: Rejection at 200 EMA or the upper channel could lead to: A pullback to the mid-channel zone (~39,800–40,000) Further downside to retest the lower channel support (~38,000) 📅 Outlook The chart currently supports a bullish bias within an uptrend structure, but the key resistance zone (41,475) must be broken decisively for confirmation. Watch for volume and candle structure near that level to assess breakout validity.
CAPITALCOM:US30Long
by MrStellanSight
18
NASDAQ Bullish Breakout Above Channel;📈 Technical Analysis Overview 1. Breakout from Downtrend Channel The price has clearly broken out of a descending channel, confirmed by a clean breakout above the upper trendline. This is a bullish signal, indicating the end of the prior downtrend and the start of a possible uptrend or reversal. 2. Moving Averages (EMA 50 & EMA 200) EMA 50 (Red): 18,965 EMA 200 (Blue): 19,409 Price is currently trading above both EMAs, which is another strong bullish indicator. A bullish crossover (where EMA 50 crosses above EMA 200) is likely imminent if upward momentum continues—this would form a Golden Cross, further confirming bullish sentiment. 3. Structure and Market Behavior After the breakout, price retested the breakout zone and showed a bounce, forming a higher low, which is characteristic of a bullish structure. The chart includes projected price action with higher highs and higher lows—suggesting a bullish continuation pattern. 4. Volume & Momentum (Not shown but implied) Breakouts are typically validated by volume. Although volume is not shown, the sharp upward movement and breakout above resistance suggest strong buying pressure. 🔍 Key Levels to Watch Resistance: 20,000 psychological level; above that, 20,500–21,000 may act as resistance. Support: 19,400 (near EMA 200), and 18,965 (EMA 50); a break below may invalidate the bullish setup. 📊 Conclusion The chart shows a clear breakout from a descending channel, supported by the price moving above both key EMAs. The structure favors bullish continuation, especially if price holds above the 19,400–19,500 support zone. Upside targets lie around 20,500 to 21,000.
IG:NASDAQLong
by MrStellanSight
8
Bearish Rejection at Resistance – Potential Drop Incoming🔍 Chart Analysis Summary 1. Key Zones Resistance Zone: ~$3,340 – $3,360 Price has been rejected multiple times from this area, showing strong selling pressure. Support Zone: ~$3,200 – $3,240 Strong historical support level, previously held during a pullback after the last rally. 2. Moving Averages EMA 50 (Red): Currently at ~$3,340 Price is fluctuating around it, indicating short-term indecision or a possible retest. EMA 200 (Blue): Currently at ~$3,300 Acting as a mid-term support level. Price previously bounced from this region. 3. Pattern and Price Action Fakeout Potential: The chart suggests a possible false breakout above the resistance followed by a sharp drop—highlighted by the arrow. This is a common bull trap setup. Bearish Outlook Indicated: The projected path suggests a rejection from resistance and a drop to the support zone (~$3,200). This would create a lower high, a bearish sign. 4. Trading Bias Bearish Setup if: Price fails to hold above $3,340 (EMA50). Price gets rejected from the resistance zone and breaks below $3,300 (EMA200). Bullish Invalidated if: Price closes convincingly above the $3,360 resistance with volume, flipping it into support. 📉 Potential Trade Idea Short Entry: Around $3,350–$3,355 Stop Loss: Above $3,365 (above resistance zone) Target: $3,220–$3,230 (support zone)
OANDA:XAUUSDShort
by MrStellanSight
13
Bearish Reversal Setup: Resistance Rejection Targeting Key Chart Overview: Asset: Unspecified (likely XAU/USD or an index based on price levels) Indicators: EMA 50 (red) — currently around 3,306.84 EMA 200 (blue) — currently around 3,300.54 Key Zones: Resistance Zone: ~3,320 to 3,360 Support Zone: ~3,190 to 3,240 Technical Analysis: Trend Context: The asset previously had a strong bullish run, peaking above 3,400. After the peak, it shifted into a lower high structure, indicating potential distribution. Price is currently fluctuating below the resistance zone but above the support zone, suggesting range-bound conditions. Moving Averages (EMA Analysis): The 50 EMA is currently below the 200 EMA, signaling short-term bearish pressure. Price is hovering around these EMAs, suggesting indecision and the possibility of a breakout or breakdown. Resistance Behavior: Price is projected to retest the resistance zone (~3,340–3,360) before a major drop. The resistance zone has already acted as a strong supply area multiple times, reinforcing its significance. Support Expectation: After rejection from the resistance zone, price is expected to decline sharply toward the support zone (~3,200). The drawn arrows suggest an expectation of a rapid sell-off after the final fake-out at resistance. Structure and Price Action: The forecasted scenario shows a liquidity grab above resistance (fake breakout) followed by a strong bearish reversal. This is typical in a "distribution phase" where market makers induce breakout traders before reversing the move. Summary: Primary Bias: Bearish Setup: Short from resistance rejection after liquidity sweep. Target: Support zone around 3,200. Invalidation: A clean breakout and retest above the resistance zone (~3,360) would invalidate the bearish idea. Risk Management: Ensure proper stop loss above resistance to mitigate risk in case of a genuine breakout.
OANDA:XAUUSDShort
by MrStellanSight
5
CAD/JPY at Key Decision Zone: Breakout or Rejection?🕵️‍♂️ Chart Overview: Instrument: CAD/JPY Chart Type: Candlestick Time Frame: Appears to be intraday (possibly 1H or 4H) EMAs Used: 50 EMA (Red): 102.814 200 EMA (Blue): 102.710 📊 Key Zones Identified: 1. Immediate Zone (103.30 - 103.50) Marked as: “Resistance + Support” This is a key decision zone. Price has tested this region multiple times, showing it holds dual roles — a flip zone. Price is currently testing this zone again. A break and retest above could confirm bullish momentum. 2. Upper Resistance Zone (104.80 - 105.50) A broader supply area where previous strong selling pressure occurred. This is the next logical target if price breaks and holds above 103.50. 3. Lower Support (101.29) Strong horizontal support, clearly defined from previous lows. If the price fails to break above the current zone, a rejection could lead to a move back down toward this support. 📈 Bullish Scenario: Break above 103.50, with a successful retest confirming new support. Momentum could carry price toward the 105.00–105.50 resistance. Supported by 50 EMA crossing above 200 EMA (early sign of bullish crossover — Golden Cross). 📉 Bearish Scenario: Rejection from the 103.30–103.50 zone could signal continuation of range-bound or bearish pressure. Break below 102.00, followed by momentum towards 101.29 key support. Would invalidate short-term bullish structure. 📌 Additional Technical Notes: The chart shows consolidation between 102.00 and 103.50 — likely accumulation or re-accumulation phase. EMAs are tightening, indicating a potential volatility expansion move is near. Volume is not visible but would be useful to confirm breakout strength. 📍Conclusion: CAD/JPY is currently at a critical decision zone. The next few candles will be key. Monitor: Breakout direction Retest confirmations Momentum and volume indicators (if available)
by MrStellanSight
2
XAUUSD – Bullish Reversal Setup Near Support🟦 Chart Context: Type: Intraday (likely 15m or 1h timeframe). Indicators Used: EMA 50 (Red): 3,316.497 EMA 200 (Blue): 3,316.332 Current Price: 3,312.650 🔍 Technical Analysis: 1. Trend & Moving Averages: EMA Crossover (Bearish): The 50 EMA is slightly above the 200 EMA, but both are flat and converging, suggesting a neutral to slightly bearish short-term sentiment. Price below both EMAs indicates bearish pressure in the immediate term. 2. Key Zones: Resistance Zone: 3,355 – 3,370 Price was previously rejected from this zone, indicating strong supply and likely sell orders. Support Zone: 3,295 – 3,305 Price has bounced here multiple times, suggesting active buyers. Strong Support: 3,265 – 3,275 A broader and more historically respected area that could lead to a significant reversal if tested. 3. Price Action: Currently forming lower highs and lower lows, which is a classic sign of short-term weakness. A small descending triangle appears to be forming near the support level (bearish bias), but the drawn forecast suggests a potential fakeout breakdown followed by a bullish reversal. 4. Expected Scenario (as per chart projection): Price might dip briefly into the 3,295–3,305 support, triggering liquidity grab (stop hunts). A potential bullish rally towards the 3,355–3,370 resistance zone is expected. This suggests a buy-the-dip strategy near support with tight risk management. 📈 Trade Outlook: 🟢 Bullish Bias: If the support at 3,295–3,305 holds and price reclaims the 200 EMA convincingly. Target: 3,355–3,370 resistance zone. 🔴 Bearish Bias: If price breaks below the strong support (3,265), expect continuation lower. Downside targets would then extend towards 3,240–3,250. ✅ Conclusion: Current bias: Neutral to short-term bearish unless the lower support holds. Key action zone: Watch price reaction around 3,295. Strategy suggestion: Monitor for a bullish reversal signal at support; avoid chasing trades in the middle of the range.
OANDA:XAUUSDLong
by MrStellanSight
5
XAUUSD Price Outlook – Bearish Setup in Play ??Asset Overview The chart represents a price action analysis with support and resistance zones, along with EMA indicators (50 and 200), likely on a 4H or 1H timeframe. Key Technical Levels Resistance Zone: ~3,400 to 3,450 First Support Zone: ~3,230 to 3,250 Second Support Zone: ~3,090 to 3,130 Indicators EMA 50 (Red): Currently around 3,340, acting as dynamic resistance. EMA 200 (Blue): Positioned near 3,232, reinforcing the first support zone. Price Action Insight Price had a strong uptrend, peaking above 3,440 before pulling back. A lower high may be forming, suggesting possible trend exhaustion. The current bounce appears to be a retracement back toward resistance or EMA 50. Projected Move (As Illustrated on Chart) Short-term bullish move into the resistance zone (~3,400–3,450). Failure to break above resistance leads to sharp rejection. Price retraces to first support zone (aligned with EMA 200). If support fails, deeper drop expected toward the lower support zone (~3,100). Strategic Notes 📉 Bearish Bias if price fails to break above resistance. 🔍 Watch for bearish candlestick patterns or divergences near resistance. 🛡️ First support aligns with EMA 200, making it a critical level for bulls to defend. 🔻 Breakdown below 3,230 opens room for larger correction to 3,100–3,090. Conclusion Currently, the chart suggests a potential short opportunity if price confirms rejection at resistance. The EMA cross structure remains bullish long-term, but momentum is weakening, and failure to reclaim highs could shift sentiment bearish in the short to mid-term.
OANDA:XAUUSDShort
by MrStellanSight
1
"XAU/USD at Crucial Support Zone"📈 Chart Overview Instrument: Likely XAU/USD (Gold vs USD) Date: April 22, 2025 Timeframe: Appears to be a short-term chart (possibly 1H or 4H) 🧠 Key Technical Elements 1. Exponential Moving Averages (EMAs) 50 EMA (Red): Currently at 3,406.818 — acting as short-term dynamic support/resistance. 200 EMA (Blue): Currently at 3,277.286 — indicating long-term trend direction. The price is well above the 200 EMA, indicating a bullish long-term trend. However, it’s now testing the 50 EMA, suggesting a potential short-term inflection point. 2. Support and Resistance Zones Immediate Resistance Zone: Around 3,430 – 3,440, which price recently rejected. Key Support Zone: Around 3,385 – 3,390 (labeled “FOCUS ON THIS POINT”), which aligns closely with the 50 EMA. Lower Support Zones: 3,310 – 3,320 3,240 – 3,260 🔍 Technical Scenarios Outlined on Chart ✅ Bullish Scenario (Upper Arrow Path) If the price holds above the 3,385 support zone, especially with support from the 50 EMA: We may see a bounce back to test and potentially break above the 3,430 resistance. This would confirm a continuation of the uptrend. ⚠️ Bearish Scenario (Lower Arrow Path) If the price fails to hold above 3,385: A breakdown may lead to a drop toward 3,320, with possible continuation toward 3,240. This would indicate a short-term bearish correction within a longer bullish trend. 🔑 Critical Price Level Focus on the 3,385 zone — This is a confluence area where: Horizontal support meets 50 EMA is located A potential decision point for bulls vs. bears 🧭 Trading Strategy Considerations For Bulls: Look for bullish candlestick formations or volume confirmation near the 3,385 level. Target a retest of the 3,430+ area with stops below 3,375. For Bears: Watch for strong bearish breakdown below 3,385. First target: 3,320, second: 3,240, with stop-loss above 3,400. 📌 Conclusion The chart illustrates a key inflection point. Price is at a decision zone — hold and bounce = continuation of bullish momentum, break = short-term correction. All eyes on how price reacts at the 50 EMA and support zone near 3,385.
OANDA:XAUUSDShort
by MrStellanSight
11
BTC Approaches Breakout Zone in Ascending Triangle – Key Resist,📈 Chart Overview Instrument: BTC/USD Timeframe: Likely 4H or Daily Indicators Used: EMA 50 (Red) – 84,924.30 EMA 200 (Blue) – 85,558.47 🔍 Key Technical Observations 1. Ascending Triangle Formation The chart shows a clear ascending triangle, a bullish continuation pattern. Flat resistance zone: Around $88,700–$89,000. Higher lows forming a solid upward sloping trendline, suggesting increasing buying pressure. 2. Price Above Key EMAs Current price: $88,779.43, which is above both the 50 EMA and 200 EMA. This indicates bullish momentum as price breaks above dynamic resistance levels. 3. Volume Consideration (Missing) While volume is not visible on the chart, an ideal breakout from an ascending triangle should be accompanied by increasing volume to confirm validity. 🔄 Possible Scenarios ✅ Bullish Breakout A confirmed breakout above $89,000 with strong volume can lead to a measured move toward: Target = Triangle height ≈ $13,000 → Potential target: $101,500 – $102,000 Next resistance levels to watch: $92,000, $95,000, and $100,000 psychological zone. ❌ Fakeout or Rejection If BTC gets rejected at resistance, watch for: Retest of support trendline (~$86,000). EMA 50 and 200 as dynamic support around $84,900–$85,500. Breakdown below the trendline may signal a short-term correction to $80,000–$82,500. 📊 Conclusion BTC is at a crucial decision point. The ascending triangle suggests bullish potential, but a breakout confirmation is essential. Price is above both major EMAs, signaling strength, but a rejection from resistance could invite short-term bears.
BINANCE:BTCUSDLong
by MrStellanSight
2
Bearish Reversal in Play! | Key EMA Rejection & Support Targets🔍 Chart Analysis Summary 🕐 Timeframe: Likely a short-term (H1 or H4) chart. 📈 Asset: Most probably XAU/USD (Gold) or a similar asset. 🔴 Trend Breakdown 📍 Previous Trend: ✅ Strong bullish momentum 📈 pushing price into a resistance zone. 📍 Current Price Action: 🚨 Bearish rejection from resistance 🟥 Price got rejected exactly at the resistance zone (gray box) and the EMA 50 line 🔴 — a classic setup for a reversal ⚠️ 📉 Key Technical Levels 🟦 Resistance Zone: 🔹 Between 3,385 – 3,400 USD 🧱 This zone rejected price strongly (see red candles) 📌 Also aligned with EMA 50 (3,400.837) — confluence adds strength 💪 🟩 Support Zones: First Support Zone – ~3,285 📉 💙 In line with the EMA 200 (3,285.687) 🛡️ Might cause a temporary bounce 📈 Second Support Zone – ~3,240 📉 Marked as the deeper support in the bear case 🕳️ 💥 If the first support breaks, this becomes the next target 🎯 📊 Indicator Insights EMA 50 (🔴 Red): 3,400.837 – acting as dynamic resistance 😤 EMA 200 (🔵 Blue): 3,285.687 – acting as dynamic support 🛡️ 📉 Price breaking below EMA 50 = first bearish sign 📉 Approaching EMA 200 = watch for either a bounce 🏀 or a breakdown 💥 🎯 Bearish Setup Forecast 📉 Here's what the arrows show (strategy logic): 📉 Breakdown below resistance → strong bearish move 🎯 Target 1: First support (EMA 200 / ~3,285) 🔄 Minor pullback possible (fake bounce 🪃) 💣 Continuation lower toward next support (~3,240) 📌 Critical Zone to Watch 🔍 ⚫️ The circle marked “FOCUS ON THIS POINT” is key: 📌 Failed retest = confirmation of resistance 📌 Price rejected this level + closed below = strong bearish signal 🚨 🧠 Professional Insights Element Observation Emoji Trend Shift Bullish ➡️ Bearish reversal 🔄📉 Momentum Bearish pressure increasing 💨🟥 Risk Point Resistance near EMA 50 ⚠️🧱 Trade Idea Short toward supports 📉🎯 Confirmation Rejection candle after retest 🕯️🔁 Focus Level EMA confluence near resistance 🎯📌 🛠️ Possible Trade Plan (for educational purposes only) Short Entry: Below 3,385 (after rejection 🔻) Stop-Loss: Above 3,405 (above EMA 50 🛑) Target 1: 3,285 🧲 Target 2: 3,240 📉
OANDA:XAUUSDShort
by MrStellanSight
1
US30 Approaching Key Support Zone – Potential Reversal Ahead?📊 Chart Overview: Timeframe: Looks like an intraday (maybe 1H or 2H). Indicators: EMA 50 (Red): 38,964.7 EMA 200 (Blue): 39,637.0 🔍 Key Levels & Structure: 🔵 Support Zone (Highlighted): Around 36,800 – 37,200 range. This is a well-tested support level where price previously bounced. Current price action is approaching this zone again, which increases the chance of a potential bullish reaction. 🟣 Resistance Level: Defined around 40,500 area. Price has rejected multiple times from this zone. Previously served as a consolidation/decision area. 📍 Focus Point (Previous Support Turned Resistance): Near 38,700 – 39,000. This level may act as a reaction point on the way back up. 📉 Current Price Action: Strong downward momentum heading into the support zone. Price is under both EMAs, suggesting short-term bearish trend. However, the drawn arrow suggests a potential reversal bounce from the support. 🧠 Interpretation & Scenario Plan: 🅰️ Bullish Scenario: Price touches or sweeps the support zone. Bullish structure or reversal candle forms (e.g., hammer, bullish engulfing). Break back above EMA 50 & Focus Point could confirm the shift. Target: Revisit Resistance Zone (above 40,000). 🅱️ Bearish Scenario: Support fails to hold. Clean break below 36,800 with volume could lead to accelerated sell-off. Watch for breakdown retests of support turned resistance. 🔔 Takeaway: ⚠️ Current move is bearish, but price is approaching a key demand zone. Bulls might step in if the zone holds. Confirmation is key before going long. Reclaiming EMAs would strengthen bullish bias.
CAPITALCOM:US30Long
by MrStellanSight
6