AUD/CHF is signaling a potential bullish reversal on the 1-hour and 4-hour charts, with a double timeframe bullish divergence between price action and momentum oscillators (RSI and MACD). This setup indicates weakening bearish momentum and a possible upward correction. Key Observations 4-Hour Chart: Price Action: Lower lows (LL) in the downtrend. RSI (14):...
Market Structure: Timeframe: Weekly: Bearish trend still intact. Daily/4H: A bullish Cypher pattern has formed, offering a potential reversal opportunity. Key Level: The 0.786 Fibonacci retracement level is the ideal entry for this Cypher pattern. Price is approaching a strong support zone at this level. Trade Setup: US100 Long (Cypher Pattern Completion at...
Based on a 36-year historical analysis of the U.S. Dollar Index (DXY), a clear cyclical pattern emerges in relation to U.S. election cycles. Key Observations: Election Year Impact: After every U.S. election, DXY tends to move in one clear direction (either bullish or bearish) for the first 1 to 2 years. Reversal Phase: Following this initial move, the next 1 to 2...
A Bullish Gartley Harmonic Pattern has formed on the ETH/USDT chart, indicating a potential reversal zone and a buying opportunity. This classic harmonic pattern suggests that Ethereum could be ready to bounce back and start a new bullish wave. Key Levels to Watch: 📌 Pattern Structure: X-A: Initial impulse wave. A-B: 61.8% retracement of X-A. B-C: Reversal at...
Market Analysis: Asset: CHF/JPY Timeframes: 1-Hour: Bearish divergence confirmed (lower highs on RSI, higher highs on price). 4-Hour: Bearish trendline tested and respected (3 touches for confirmation). Bias: Bearish. Trade Setup: Entry Point: Enter a sell position after price rejects the 4-hour bearish trendline. Look for confirmation such as a bearish...
Market Analysis: Asset: CAD/CHF Timeframe: 1-Hour Pattern Identified: Head and Shoulders (bearish reversal pattern). Neckline: The support level forming the base of the head and shoulders. Trend Confirmation: Look for a bearish trend continuation after a break and retest of the neckline. Trade Setup: Entry Point: Enter a sell position after the neckline breaks...
1. Market Analysis: Asset: US Oil (WTI Crude) Timeframes: 1-hour (1H) and 4-hour (4H) Setup: Bullish divergence observed on both 1-hour and 4-hour timeframes Support Level: Price is near a strong support zone, providing a solid base for a potential bounce. 2. Divergence Details: Bullish Divergence: Both 1-hour and 4-hour charts are showing bullish divergence,...
1. Market Analysis: Asset: GBPUSD Timeframe: 1-hour Pattern: Bearish divergence 2. Divergence Details: Bearish Divergence: A bearish divergence occurs when the price forms higher highs, but the oscillator (like RSI or MACD) forms lower highs. This suggests that buying momentum is weakening, and a downward reversal might be on the horizon. 3. Trade Setup: Entry...
Title: Long US30 (Dow Jones Industrial Average) Based on 1-Hour Bullish Divergence Trade Setup: - Asset: US30 (Dow Jones Industrial Average) - Timeframe: 1-hour - Entry: Buy at the close of a bullish candlestick pattern confirming divergence - Stop-Loss: Below the recent swing low on the 1-hour chart - Take-Profit: Based on key resistance levels or a 1:2...
Title: Long US100 (Nasdaq 100) Based on 1-Hour Bullish Divergence Trade Setup: - Asset: US100 (Nasdaq 100) - Timeframe: 1-hour - Entry: Buy at the close of a bullish candlestick pattern confirming divergence - Stop-Loss: Below the recent swing low on the 1-hour chart - Take-Profit: Equal to the stop-loss distance (1:1 risk-reward ratio) Analysis: - Bullish...
Title: Long Natural Gas Based on Bullish Divergence and Weekly Order Block Trade Setup: - Asset: Natural Gas - Timeframes: Daily and Weekly - Entry: Buy at the close of a bullish candlestick pattern confirming divergence on the daily chart - Stop-Loss: Below the weekly order block or recent swing low - Take-Profit: Based on key resistance levels or a 1:3...
Trade Idea: Short US Oil (WTI Crude Oil) Analysis: Head and Shoulders Pattern: The Head and Shoulders pattern is a classical reversal pattern that typically forms after an uptrend and indicates a potential trend reversal to the downside. In this case, the presence of a Head and Shoulders pattern on US Oil suggests a possible reversal from bullish to bearish...
Analysis: Sentiment Analysis: The sentiment analysis indicates a strong bullish bias, with 90% of traders favoring a long setup on EURUSD. This sentiment alignment suggests a potential bullish momentum in the market. Divergence: Divergence between price and indicators like MACD or RSI on the 1-hour and 4-hour charts can signal a potential reversal or...
. Market Analysis: Asset: WTI (US Oil) Timeframes: 1-Hour: Bearish divergence observed, suggesting weakening bullish momentum. Daily: Trendline resistance tested and validated with three touchpoints, reinforcing its strength. 2. Divergence and Trendline Details: Bearish Divergence: The price is making higher highs on the 1-hour chart, while oscillators (RSI,...
This analysis focuses on the historical performance of the USD/SGD pair, specifically in the month of December, over the past decade. The identified pattern is a bearish head and shoulders formation, a classic technical analysis pattern signaling potential downward movement. Key Points: Pattern Recognition: The USD/SGD pair has exhibited a bearish head and...
Bearish Harmonic Pattern - Bullish Gold The world of financial markets is a complex ecosystem where traders and investors rely on a combination of technical and fundamental analysis to make informed decisions. One tool used in technical analysis is the recognition of chart patterns, such as the bearish harmonic pattern. However, predicting the future price of an...
Market Analysis: Asset: AUD/JPY Timeframe: 1-Hour Bullish Divergence: Observed on the 1-hour RSI, indicating a potential reversal. Trendline Breakout: Price is testing a downward trendline, hinting at a possible breakout to the upside. 4-Hour Trend: Confirmed bullish trend, providing higher timeframe confluence for the long setup. Trade Setup: Entry Point: Enter...
1. Market Analysis: Asset: ADA/USDT (Cardano vs. USDT) Pattern: Bullish Gartley harmonic pattern detected on the daily timeframe. Key Levels: Price is approaching the D-point, which is at the 78.6% Fibonacci retracement of the XA leg, near a strong support zone, signaling a potential bullish reversal. 2. Gartley Pattern Details: XA Leg: Strong initial move...