📉 Market Structure & Trend The chart represents a descending channel where price has continuously rejected from the upper boundary. Multiple lower highs and lower lows indicate a bearish trend. Gold/EUR has once again reached the channel resistance and failed to break above, suggesting a strong sell opportunity. Key Technical Levels 🔴 Resistance: 2,809 - Local...
The EUR/GBP pair has been in a downtrend, with lower highs and lower lows forming. Recently, price rejected a key resistance zone and is now continuing its bearish momentum. 🔎 Key Observations: ✅ Resistance Levels: 0.83598 - 0.83910 acted as a strong rejection zone. ✅ Sell Confirmation: Price has broken below minor support and is now moving downward. ✅ Bearish...
The EUR/USD pair has broken below an ascending channel, signaling a potential bearish trend. After the breakdown, price is now retesting the previous support as new resistance, creating a sell opportunity. 🔎 Key Observations: ✅ Resistance Zone: The 1.08392 - 1.08411 level is acting as a strong resistance after the breakdown. ✅ Sell Confirmation: A rejection from...
The USD/JPY pair has been in a clear downtrend, trading within a descending channel for an extended period. Recently, price action has broken above the channel, but it is now facing resistance around the 150.35 level. Retest Zone: The pair is currently retesting the broken trendline, and if it fails to sustain above this level, a rejection could lead to further...
Chart Analysis: The GBP/USD pair is currently trading around 1.29578, facing resistance near 1.30366. A support zone has been identified around 1.29000, which the price is testing. If this support level breaks, we could see a bearish move toward the next target near 1.26970. Strong support is positioned lower, which may act as a key reversal point if the...
📈 Chart Overview: Timeframe: 4H (Ethereum/USDT) Trend Reversal: Ethereum has broken out of a falling wedge pattern, indicating a shift from bearish to bullish momentum. Support Level: Around $1,800 - $1,900, where price previously found strong buying interest. Retest Confirmation: ETH successfully retested the breakout level (~$2,020), confirming a potential...
Key Observations: Ascending Channel: BTC has been trading within an upward-sloping structure, confirming bullish momentum. Retest Level: The price has pulled back to the trendline for a retest, a crucial confirmation point before potential upside continuation. Target Projection: The expected breakout move suggests a 13.69% increase, targeting $97,467 - $98,630...
Analysis: The price has experienced a strong uptrend but is now showing signs of resistance near the 3,054.161 level. A support level is identified around 3,000, which has been tested multiple times. A potential sell setup is indicated after the price retested a resistance-turned-support zone around 3,027.737. The target for the downside move is marked at...
This 4-hour GBP/USD chart indicates a potential bearish setup. Price has been trading within a range, with resistance around 1.30366 and support near 1.29467. The price recently retested the support zone, showing signs of weakness. If the support level fails to hold, a breakdown could push the price towards the 1.27035 target. A stronger support level is...
Ethereum has broken out of a descending channel and is consolidating near a key support zone. The price action suggests a potential bullish continuation, with a buying opportunity forming above the $2,000 - $2,100 support level. Key Levels to Watch: Support: ~$2,000, ~$1,800 Resistance Zone: ~$2,250 Target: ~$2,530 Trading Plan: Buy Entry: On breakout and...
Chart Analysis: BTC/USD is trading within a descending channel, showing a bearish trend. Price recently tested the resistance zone but faced rejection. A strong sell signal is indicated, suggesting a move towards the support level around $79,877. If price breaks below support, further downside is possible. Trading Plan: Sell below resistance with a target at...
Overview: The price action of Gold (XAU/USD) on the 2-hour timeframe indicates a potential bearish move. A Head & Shoulders pattern has formed, signaling a possible trend reversal. The market recently tested a resistance level and is now showing signs of weakness. Key Levels: 🔹 Resistance: $3,044 - $3,055 (Rejection Zone) 🔹 Sell Entry: Below $3,028 (Break of...
EUR/USD VIP Short Setup | Smart Money Move 🔥📉" Chart Analysis: Ascending Channel Breakdown: EUR/USD broke below a well-respected bullish channel, signaling a potential downtrend. Retest & Resistance: Price is currently retesting the broken structure near 1.08565, a key resistance zone. Sell Confirmation: The rejection at this level suggests bearish...
Key Elements in the Chart: Uptrend Channel: The price was moving inside an ascending channel but recently broke downward. Resistance Zone: Marked near the 150.000 level, indicating a key rejection area where sellers are strong. Sell Zone: A potential short-selling opportunity is identified around 149.300 after a breakdown from the channel. Support Zone: Located...
Market Overview: Bitcoin (BTC/USDT) is currently trading within a well-defined descending channel after an extended bullish rally. The price action shows signs of a lower high formation, indicating a possible continuation of the downtrend. This setup aligns with a sell limit strategy, anticipating a rejection from a key resistance level before a potential decline...
This chart presents a bearish trading setup for GBP/USD on a 4-hour timeframe from OANDA. Key Observations: Ascending Channel Breakdown: GBP/USD was previously trading inside an ascending channel, but it has now broken below support, signaling a potential downtrend. Retest Level: The price is currently retesting the broken support at 1.29645, which may act as a...
Key Observations: Strong Support Level: ETH has bounced from a strong support zone around $1,792 - $1,905. Retest & Buy Zone: Price has broken above a key level and is now retesting it, indicating a potential buy opportunity. Resistance Zone: A key resistance zone is marked near $2,557.71. Target Levels: The first target is set at $2,557.71, with a possible...
Key Observations: Descending Channel: The price has been moving downward within a channel, showing lower highs and lower lows. Support Level: Marked near $79,912.83, where the price recently bounced. Breakout Scenario: BTC appears to be breaking out of the channel, suggesting a potential bullish trend. Target: The projected target is $110,146.67, indicating a...