Fx_steven7

Fx_steven7

The chart you've shared is a 1-hour technical analysis for Gold Spot (XAU/USD). Here's a breakdown of the setup and its implications: --- 🔍 Chart Summary Trend Context: Price has formed a descending channel after peaking around 3,420–3,430. A clear distribution phase is marked by red arrows near the highs. Followed by a channel down, indicating bearish...

Fx_steven7 Updated 

This BTC/USD 1-hour chart shows a rounded bottom reversal pattern, followed by a breakout signal. Here's a breakdown of the technical setup: --- 🟢 Chart Pattern Overview Pattern Type: Rounded Bottom (accumulation phase) Key Support Zone: Around $102,900 (highlighted by yellow horizontal line) Breakout Confirmation: Price broke above descending resistance...

Fx_steven7

This chart shows a Bitcoin (BTC/USD) 1-hour analysis with a falling wedge pattern, Fibonacci arcs, and breakout targets. Here's a breakdown of the technical setup: --- 🔍 Pattern Analysis The chart outlines a falling wedge formation, which is typically bullish. The wedge converges with lower highs and lower lows, bounded by two descending trendlines. BTC has...

Fx_steven7 Updated 

This BTC/USD 1-hour chart shows a bearish setup with the following elements: --- 📉 Chart Analysis Summary Pattern Type: Sideways consolidation after a downtrend (potential bearish continuation). Breakout Expectation: A bearish move is anticipated if price breaks below the key support zone. --- 📌 Trade Plan Entry Trigger: Short position below the...

Fx_steven7 Updated 

This chart shows a bullish setup for XAU/USD (Gold vs USD) on the 1-hour timeframe. Here’s a breakdown of the key technical components: --- 📉 Current Trend: Descending channel (falling wedge) visible since the recent high around 3,452. Price is currently testing the lower bound of the channel, which often acts as support in a bullish reversal setup. --- 📌...

Fx_steven7

This ETH/USD (Ethereum to US Dollar) 1-hour chart outlines a bullish trade setup. Here's a breakdown of the analysis: --- Chart Summary: Current Price: ~$2,541.8 Bullish Projection: A move toward the $2,700–$2,800 range. Take Profit Zone: Highlighted between $2,700 and $2,860, targeting a key resistance area. Stop Loss: Marked below $2,440, just under...

Fx_steven7 Updated 

This chart shows a Gold Spot vs US Dollar (XAU/USD) trading setup on the 2-hour timeframe, with a clear bearish outlook. Here's a breakdown: --- 🔍 Trade Analysis Summary: Price Context: Price recently rejected a resistance zone around $3,431. The chart suggests an anticipated move down toward previous support. Horizontal Levels: Resistance (STOP LOSS):...

Fx_steven7

This BTC/USD (Bitcoin vs. US Dollar) 2-hour chart outlines a potential long (buy) trade setup based on price action and key support/resistance zones: Key Observations: Support Zone (Entry Area): Around $103,800–$104,200 Price has bounced from this zone multiple times, indicating strong buyer interest. Stop Loss: Below the key support at $102,769.78 A break...

Fx_steven7 Updated 

This is a technical analysis chart of Gold Spot vs. USD (XAU/USD) on the 4-hour timeframe. Here’s a breakdown of what the chart is showing: --- Trend Overview The chart shows an ascending triangle pattern, a bullish continuation setup. Price has been making higher lows (blue arrows), while resistance is flat near the $3,372–$3,374 level. --- Key...

Fx_steven7

This chart shows a technical breakout setup on the XAU/USD 2-hour timeframe, highlighting a bullish continuation pattern after a breakout. Key Elements on the Chart: 1. Downward Trendline (Blue) – Broken: The chart initially shows a long-term descending trendline (connecting red arrows) which was broken to the upside. This breakout occurred around the $3,300...

Fx_steven7

The chart you’ve shared shows the US500 (S&P 500 Index) on the 1-hour timeframe with a bullish outlook. Key Observations: Current Price: Around 6,013.32 Resistance Level: Near 6,047.95 (green horizontal line) Take Profit Zone: Marked above 6,060, around 6,080 Structure: Price has been forming higher lows, suggesting bullish momentum. A bullish breakout...

Fx_steven7

This chart shows a technical analysis of the Gold Spot vs. U.S. Dollar (XAU/USD) on the 4-hour timeframe, with a clear triangle breakout strategy: Key Elements: Triangle Pattern: A symmetrical triangle pattern formed between early April and mid-June, which has now broken out to the upside. Breakout Confirmation: Price has broken above the triangle resistance,...

Fx_steven7 Updated 

This chart represents the price action of Gold Spot against the U.S. Dollar (XAU/USD) on the 2-hour timeframe. Here's a breakdown of the technical analysis presented: Key Observations: 1. Rising Channel Breakout: The price had been moving within an ascending channel (marked by the upward blue trendline). Recently, it broke out of this rising channel to the...

Fx_steven7 Updated 

This is a technical analysis chart for Bitcoin (BTC/USD) showing a bullish reversal pattern, likely a "double bottom" or "W" pattern, with key trading levels marked. Here's a breakdown of the trading setup: --- Pattern Analysis The chart outlines a bullish harmonic pattern (possibly a W or double-bottom formation). The pattern suggests a price reversal from...

Fx_steven7

This chart is a technical analysis of Bitcoin (BTC/USD) on a 2-hour timeframe, showing a possible bullish scenario. Here's a breakdown of what the chart indicates: Key Price Levels: Current Price: Around $105,494 Stop Loss: Marked near the $103,000–$104,000 range (highlighted red zone) Take Profit Target: $112,231.19 Key Resistance Before TP:...

Fx_steven7

This chart is an analysis of USDT Dominance (as a percentage of total crypto market cap) on a 2-hour timeframe, posted on TradingView. Here's a breakdown of what the chart suggests: --- Interpretation: Current Level: 4.81% (as marked on the right side). Resistance Zone (Red Line - STOP LOSS): Around 4.92% Support Zones: Primary Support (Target Area):...

Fx_steven7

This chart displays a GBP/USD (British Pound/US Dollar) trading setup on the 2-hour timeframe. Here's a breakdown of the technical outlook: --- 🔍 Analysis Summary: Trendlines: A prior blue ascending trendline shows bullish momentum. Followed by a red descending trendline, indicating a correction or consolidation phase. Current Setup: Price has recently...

Fx_steven7 Updated 

The chart you've shared is a technical analysis of Bitcoin (BTC/USD) on a 2-hour timeframe. Here's a breakdown of the key elements and potential trade idea illustrated: Key Observations: 1. Resistance Zone (Gray Box): Price recently tested a resistance area around the $110,000–$111,000 range. This zone has previously acted as a strong supply area. 2. Rising...