


MRFOREX_IDEAS
Technical analysis chart for Ethereum (ETHUSD) on a 1-hour timeframe. The chart displays a bullish trend, with a "Bullish Wedge" pattern indicated. The chart also shows a "Buy Trend Line" and a "Target" price level. To determine the Take Profit (TP) and Stop Loss (SL) points, we can analyze the chart as follows: 1. Target (TP): The chart indicates a target price...
Here's a quick analysis of the bullish setup shown: Key Observations: 1. Bullish Wedge Pattern: We've correctly identified a bullish wedge, which is typically a reversal or continuation pattern signaling upward momentum after a period of consolidation. The wedge appears to have formed over a few days, showing tightening price action with higher lows. 2....
XAUUSD on the 1-hour timeframe, here’s a structured sell target setup: 📉 Bearish Setup Summary Current Price: ~$3,334 Structure: Lower high and lower low sequence forming Breakdown Confirmation: Price failing to break above the $3,349.41 resistance zone (marked by horizontal line) ✅ Sell Entry Zone Entry: Between $3,340 – $3,332 (ideal after a minor pullback...
Read full description: I'm providing a H-4 Xauusd technical analysis highlighting a Bearish Wedge pattern. Here's a breakdown of the chart elements: --- 🔍 Key Chart Features: 1. Bearish Wedge: The chart shows price action consolidating within a rising wedge. This is typically a bearish reversal pattern, especially when it forms after an uptrend or in a...
Here I'm providing a USDJPY pairs buy setup according to H-4Time frame #Target 1. Around 145.200 #Target 2. Around 149.300 Stop Loss: Around 140.300 Chart structure : To execute this buy setup, a trader would typically wait for the price to bounce off the support line and then enter a long position. ( should be place buy from present at the movement...
This chart shows a technical analysis for BTC/USD (Bitcoin to US Dollar) on the 2-hour time frame. Here's a breakdown of the analysis. 🔍 Key Chart Elements Support Area (Orange Zone): The price has tested this zone multiple times and bounced, indicating strong demand. It's marked between ~102,000 and ~103,000 USD. Resistance Line (~108,366 USD): A key level...
I'm provided a chart with a downward trend, indicating a potential sell signal for gold. The chart is labeled "Gold sell target" and has a "Stop loss" line above it. The "Today Target (Trading signal for two day, 5,6 June, 2025)" is also indicated on the chart. To determine the take profit (TP) levels for a gold sell trade, we need to analyse the chart and...
The chart I’ve shared is a BTC/USD 4-hour timeframe setup showing a bullish trading strategy. Here's a breakdown of what the chart indicates: 🔍 Key Technical Elements: 1. Support Line: A strong horizontal support is marked near the $102,143.72 area. The recent price action bounced off this line, suggesting it’s holding well. 2. Bullish Wedge Pattern: There...
My GBP/USD 4-hour chart analysis clearly presents a bearish outlook with a "Sell Signal" identified at the top of the rising channel. Here's a breakdown of the technical insight we're working with: 🔍 Chart Analysis Summary: Trend Channel: Price had been moving within an ascending channel. Sell Trigger: The pair is now testing the upper boundary of the channel...
I'm providing M-30 Gold chart. according to chart analysis we expect to sell targets. #Chart with a downward trend, indicating a potential sell signal. The chart is labeled with various technical indicators and annotations. #To determine the Take Profit (TP) and Stop Loss (SL) points, we need to analyze the chart and identify the relevant levels. ##Key...
Here's a breakdown of the EUR/USD sell setup illustrated in our chart Technical Analysis Summary: Pair: EUR/USD Timeframe: 1-hour (1h) Current Price: ~1.14157 --- Key Patterns and Zones Identified: 1. Bearish Wedge (Top Left): A wedge is drawn showing potential exhaustion in bullish momentum. Typically, a bearish wedge indicates a trend reversal or...
Based on the chart we've shared for USD/CAD on the weekly timeframe, we can identify two target points (TPs) derived from the price action and technical breakdown shown: 🔍 Analysis Summary: The price has broken below a long-term ascending trendline and horizontal support zone (around the 1.36–1.37 area). The chart indicates a bearish breakdown with two...
BTCUSD M15 chart we've provided, here's a breakdown for potential Take Profits (TPs) and Stop Loss (SL) placements based on the bullish setup and the indicated target zone: 🔍 Chart Observations: Timeframe: M15 (15-minute) Pattern: "Bullish Wedge" marked — a bullish continuation pattern Current price: Around 104,010 Target zone: 106,800 – 107,200 --- 🎯...
Gold Spot / U.S. Dollar price on a 2-hour timeframe, with various annotations and indicators. The chart appears to be a technical analysis chart, with a downward trend indicated by the red lines and arrows. To determine the exact Take Profit (TP) and Stop Loss (SL) points, we need to analyze the chart and identify the relevant levels. From the chart, we can see...
🔍 #Chart Structure Analysis Trend Overview Previous Trend: There is a visible bullish trend channel (Buy Pattern) before entering a consolidation phase. Current Phase: The price is in a range-bound consolidation, marked by the oval-shaped zone labeled "Weekly movement area according to H1 candlestick." --- 📈 Key Technical Zones Support Levels Support Double...
Highlighting a bullish breakout on the ETH/USD pair. The 2,303.55 level (marked by the red horizontal line) acted as a resistance, and price has broken above it with strong momentum. The pattern appears to resemble an inverse head and shoulders or rounded bottom, suggesting a bullish reversal. The projected move, shown with the arrows, targets the $2,900–$3,100...
Buy Zone (Entry Area): Around: 3,200 - 3,220 USD Take Profit Targets: TP1: 3,284.119 USD TP2: 3,351.520 USD TP3: 3,437.647 USD Stop Loss: Below: 3,120 USD (based on the marked stop loss zone) This setup is based on a potential reversal from a support trendline and a projected bullish breakout. Make sure to adjust for volatility and use proper risk...
EUR/USD on the 1-hour timeframe, here are the key buy targets and levels identified: Entry Zone (Buy Setup Area): Around 1.1100 or slightly above. Targets: 1. Target 1: Price Level: Approximately 1.12738 This appears to be the first take-profit zone, possibly a prior resistance or supply area. 2. Target 2: Price Level: Approximately 1.14248 This is the...