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Trendpattern

FTMUSDT - Inverse Head & Shoulders - A Prime Long Opportunity?1.) Quick Overview On the FTM/USDT 4-hour chart, an inverse Head & Shoulders pattern is shaping up, often hinting at a bullish reversal. If the pattern completes, this could offer an excellent long setup. The key level to watch is around the mOpen at $0.6555, where the price is expected to dip and complete the “right shoulder,” potentially setting the stage for a strong bounce. 2.) Deep Dive: Chart Analysis Inverse Head & Shoulders Pattern: - Left Shoulder: Formed near $0.6342. - Head: A deeper low at $0.4744, marking the low point of the pattern. - Right Shoulder (In Progress): Expected to complete around mOpen at $0.6555. If the price touches down here and holds, it could serve as an ideal long entry point. Fibonacci Retracement: - The 0.382 Fibonacci retracement level aligns near $0.6555, supporting the right shoulder as a potential bounce zone. Key Levels to Watch: - mOpen at $0.6555: This is our primary entry level, where the right shoulder could find support. - VAL (Volume Area Low) at $0.6324: Another important support zone where the anchored VWAP also aligns, reinforcing this area as a significant base. If the price dips below mOpen, the VAL may act as a secondary support level. - VAH (Volume Area High) at $0.7262: Our initial target if the inverse Head & Shoulders completes, with potential for further gains. Volume Profile: - Increased volume near the head formation suggests accumulation, supporting a bullish scenario if the right shoulder completes as expected. 3.) Trade Setup - Entry: Look for a long entry around $0.6555. - Stop Loss: Place the stop loss just below $0.58 to manage risk if the pattern fails. - Target: Initial target at $0.7262 with room for more upside if the breakout continues. - Risk-to-Reward: Favorable setup with solid support and a high-probability bounce area. 4.) Final Thoughts - With the combination of the inverse Head & Shoulders, support at mOpen, Fibonacci, and anchored VWAP at the VAL, this FTM/USDT setup looks promising for a long position. Watch for confirmation around $0.6555 to see if the right shoulder completes. Disclaimer This analysis is for educational purposes and should not be taken as financial advice. Always do your own research and manage risk carefully!
Long
by SiDec
SolanaHi guys on the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern. But the situation is not interesting here at the moment. If the red support area ($104.5) is completely consumed, we expect a reaction from the area of ​​$188.4 or $160.3, and the possibility of continuing the downward trend to the specified price area is strengthened. If the support area of ​​$104.5 is preserved and the downtrend line is broken upwards, our mentality for an uptrend will be strengthened. What do you think?
Short
by BiTBingo
No false-break upwards here in Gold-It's moving up fast Gold and Silver had a healthy downwards correction from what I understand. A few nervous Gold-holders after Donald Trump's re-election. But there is much more to the story for gold prices to go higher. I see the intraday charts looking bullish for silver and gold today, as momentum is shifting back to the upside. Wait and see what the Economic News tells us before rushing to go Long Economic data just released was probably more in favour of the USD, but I note it was a mixed-bag release and in some ways favouring Gold price. Gold price has shrugged off the data it seems.
EIGHTCAP:XAUUSDLong
by Easy_Explosive_Trading
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
$SPY tough spot right now, but there's still a glimmer of hope!On the daily chart, there are three bearish signals without even considering indicators: 1. Price is below the EMAs. 2. With a gap down. 3. From a coil spring. On the weekly chart, the trend remains intact. However, if we drop below the fast EMA, a significant test will be the slow EMA. The key level to watch is the low of the daily channel line at $554, which aligns with the weekly slow EMA at approximately $551. For me, that represents the definitive line in the sand for SPY.
AMEX:SPY
by WavesInvesting
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
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
Still Waiting For Change Of Character in M15, To Start My Buys1. Am excited price has broken a very strong H4 low, therefore anytime soon price will start reversal. 2.Here you can see what am expecting the price to do so that I can start buying and in the other hand I included the POIS for sells, for those still interested in selling. 3.I have more than a week without executing orders this is because am patiently waiting for the market to give me that setup that I love which is the one shown in that diagram above, am not interested in selling for me personally is very risky but doing sells is the best option because main trend is bearish. 4. So, congrats to those who have been selling until this point, you are the real definition of no risk no gain, but don't worry soon or later I'll get those buys I've been waiting.
by RentCash
BTC and Trendlines: Patience over FOMO for a Clear SignalTrendlines are key to staying disciplined. Recently, BTC has seen some impressive inflows, with a couple of green bars showing up nicely on the charts. In the past, this might have triggered some FOMO, tempting me to start adding capital as those green bars intensified. But does this necessarily mean we’re seeing a trend reversal? Absolutely not. The real difference between FOMO and a solid trade setup lies in waiting for the ‘jive’ of multiple signals to confirm the move. For me, the most reliable indicator remains the trendline. If the yellow trendline is decisively broken, then we can confidently say BTC is on Wave 3 of 5 of 5 of 1. However, this recent green uptick alone isn’t enough to suggest a decent trade opportunity yet. Points A, B, and C might have been valid entry points in the past, but without a clear break of the upper trendline, the risk of a reversal still looms large. For confirmation, I’m looking for a decisive break—a full open and close above the trendline, ideally on at least a 4-hour timeframe. Only then can we be more certain about BTC’s next big move. If Point D is reached (around $63,600), that’s where I’m fully in—riding it up to around $130K. Until then, it’s all about waiting for the signals to align and not getting caught up in short-term excitement.
by cryptechcapital
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