David_1_8

David_1_8

*Tools & Patterns Used in This Chart (GBP/USD - 45m Chart)* #### *Key Tools & Concepts Applied:* 1. *CHOCH (Change of Character)* - A shift in market structure indicating a possible trend reversal. 2. *BOS (Break of Structure)* - Confirms bearish momentum by breaking previous lows, signaling a continuation downward. 3. *Order Block (OB) -...

David_1_8

# *Tools & Concepts Used in This Chart (EUR/USD - 30m Chart)* #### *Key Tools & Annotations Applied:* 1. *CHOCH (Change of Character)* - Indicates a shift in market structure, signaling a potential reversal or continuation of trend. 2. *Order Block (OB)* - A highlighted *supply zone (pink area)* where institutional orders might be present, acting...

David_1_8

*Tools & Patterns Used in This Chart (BTC/USD - 30m Chart)* #### *Chart Pattern:* 1. *Symmetrical Triangle Pattern* - Formed by two *trend lines* converging towards a point. - Indicates a potential *breakout*, in this case, a bullish breakout. #### *Tools & Annotations Used:* 1. *Trend Lines* - Two *diagonal trend lines* form the *triangle...

David_1_8

Sagar: The chart for *EUR/AUD on the 1D timeframe* utilizes various *technical analysis tools and patterns* to forecast price movement. Below are the key elements present in the analysis: ### *Patterns and Tools Used:* 1. *Change of Character (CHOCH):* - Marked at different points, indicating a potential shift in market structure. - CHOCH often...

David_1_8

The chart for *EUR/AUD on the 1D timeframe* utilizes various *technical analysis tools and patterns* to forecast price movement. Below are the key elements present in the analysis: ### *Patterns and Tools Used:* 1. *Change of Character (CHOCH):* - Marked at different points, indicating a potential shift in market structure. - CHOCH often signifies a...

David_1_8

In this I use several technical analysis tools and patterns to analyze the AUD/JPY currency pair on a 4-hour timeframe. Here are the key elements present: ### *Patterns and Tools Used:* 1. *Downtrend Channel:* - The price is moving within a descending channel, marked by parallel trendlines indicating a downtrend. - The chart highlights "Lower Lows" (LL)...

David_1_8

# *Tools & Patterns Used in This Chart (VIX - Volatility S&P 500 Index - 4H Chart)* #### *Patterns Identified:* 1. *Order Block (OB)* - Marked in a *purple shaded area* near the recent high. - Indicates a *supply zone* where price may react and reverse. 2. *Fair Value Gap (FVG)* - Highlighted inside the *purple zone* below the OB. - Represents an...

David_1_8

## *Pattern Identified:* 1. *Descending Trendline / Bearish Structure* - The market is in a *downtrend, confirmed by the **Bearish Trendline* (marked in black). - *Lower highs and lower lows* suggest continued bearish momentum. 2. *Bear Flag Pattern* (Near the current price area) - A *small consolidation within a downward trend*, indicating a...

David_1_8

## *Pattern Identified:* 1. *Ascending Channel Pattern (Trend Channel)* - The price is moving within a well-defined *support and resistance channel* (marked in purple). - The market is in an *uptrend, respecting both the **support trendline* and *resistance trendline*. ### *Technical Tools Used:* 1. *Break of Structure (BOS)* - Marked in...

David_1_8

GBP/CHF chart is based on several technical analysis tools and patterns have been used. Here’s a breakdown of what’s visible: #*Pattern Identified:* 1. *Ascending Triangle Pattern* - The chart includes two trendlines forming an *ascending triangle*, which is a bullish continuation pattern. - The price is making higher lows while testing a...

David_1_8

The chart shown is a 4-hour (H4) price chart of the NZD/USD currency pair, with various technical analysis tools and patterns applied. Below are the key elements identified: *Technical Analysis Tools and Patterns:* 1. *Bearish Trend Line:* - A downward-sloping trend line indicating a prevailing bearish trend before a potential reversal. 2. *Break of...

David_1_8

This chart appears to be a *GBP/CAD (British Pound/Canadian Dollar) 4-hour timeframe analysis. It features multiple technical analysis elements, including: ### *Key Features Observed:* 1. *Elliott Wave Structure* – The chart displays *numbered waves (1-5), indicating an **impulse wave pattern* following Elliott Wave Theory. 2. *Trend Lines (TL)* – Two...

David_1_8

The pattern in the chart appears to be a *bullish triangle breakout* pattern. Here's why: 1. The chart shows a *descending trend* followed by a *bullish reversal, indicated by the **Break of Structure (BOS)* and a *higher low* formation. 2. The price action forms a *triangle, with a **bearish triangle trendline* on top and a *bullish triangle trendline* on...

David_1_8

This chart appears to be a technical analysis of NVIDIA Corporation (NVDA) on the 1-hour timeframe. The tools and patterns applied include: 1. *Market Structure Concepts*: - *Lower Highs (LH) and Lower Lows (LL)*: These indicate a downtrend. - *Break of Structure (BOS)*: Suggests a shift in market direction. - *Change of Character (CHOCH)*: A potential...

David_1_8

The chart contains multiple technical patterns, indicating a bearish market structure. Here are the key patterns identified: 1. *Rising Wedge* – This is a bearish reversal pattern where price moves upward within a narrowing range before breaking down. It suggests weakening bullish momentum and potential selling pressure. 2. *Double Top* – A classic reversal...

David_1_8

Hello" The chart of "SOLUSDT" shows a *Descending Channel* (also known as a Bearish Channel) pattern. This is characterized by parallel trendlines sloping downward, indicating a bearish trend. However, the chart also includes *projections for a bullish breakout, suggesting a potential **trend reversal*. # Key Observations: 1. *Descending Channel* – Price has...

David_1_8

Hello" The chart of CADJPY illustrate a "Rounded Top" pattern, which is a type of reversal pattern often indicating a shift from an uptrend to a downtrend. This is confirmed by the label "ROUND TOP" at the top of the chart. Additionally, the right side of the chart shows a *demand zone*, where price is expected to find support, followed by a projected bullish...

David_1_8

Hello" The AUDCAD pair has shifted from a bearish downtrend to a bullish uptrend. To achieve our goal, focus on following the trend, and open trades from the order block. The fear value gap will serve as the closing point. We've identified a change in character, indicating a bullish trend, which suggests the continuation of this uptrend. Key points: There are...