WTI Crude Oil (USOIL) has successfully broken above the descending trend-line, signalling a potential trend reversal. After the breakout, the price has retraced back to retest the trend-line support, confirming its strength as a new support level. Key Technical Observations: ✅ Trend-line Breakout & Retest – The price has broken the downward trend-line and is now...
Gold (XAU/USD) has successfully broken through the major resistance zone at 2940/2942, signaling strong bullish momentum in the market. This breakout indicates a potential continuation of the uptrend, with buyers likely to push prices higher. Breakout Confirmation & Market Sentiment The breakout above 2940/2942 suggests a shift in market sentiment, with bulls...
The long-anticipated breakout in ETH/USD has finally occurred, confirming a shift in momentum toward the upside. Ethereum has broken through the key trend resistance, signaling strong bullish intent. Traders and investors can now look for entry opportunities at the breakout level, with the potential for further price appreciation in the coming sessions. Entry &...
The XRP/USD price chart is currently forming a bullish pennant pattern, which is a continuation pattern that typically signals the resumption of an upward trend after a consolidation phase. Pattern Analysis The pennant structure consists of a strong bullish impulse move (flagpole) followed by a tightening consolidation range, forming a symmetrical triangle. This...
AUD/USD has successfully broken a strong resistance level, signaling bullish momentum. After the breakout, we may see a retracement to the previous resistance area, which could now act as support before the next leg up. If buyers continue stepping in, further upside movement is expected. 🔹 Key Levels to Watch: ✅ Support: Retesting the previous resistance zone ✅...
Gold is struggling at the 2906–2907 resistance on both H1 and D1 timeframes. it is failed to break this level in H1 time frame , Now we could see a drop toward the 2883/2880 support zone. A break below that could extend the bearish move to 2864. However, if gold manages to break and hold above 2907, expect bullish momentum to continue. Keep an eye on price...
Gold has reached a strong demand zone around 2882/2878. After a sharp decline, price action shows signs of reversal, with potential bullish momentum building up. Price is expected to rebound from the support zone and push towards key resistance levels: ✅ Target 1: 2894 ✅ Target 2: 2907 A bullish engulfing candle or a strong rejection from the support zone could...
NZD/USD has broken a key resistance level on the H1 timeframe, confirming strong bullish momentum. This breakout signals a shift in market sentiment, with buyers taking control and pushing the price higher. If the momentum continues, we could see further upside movement. 📌 Trade Details: ✅ Entry: 0.56860 🔹 Support Level/Stop Loss: 0.56180 🎯 Target 1: 0.57540 🎯...
SOL/USDC has successfully broken out of its downward trend and is now showing strong bullish momentum. With this breakout, we anticipate further upward movement, making it an ideal opportunity for buyers. 🔹 Entry: 195 🔹 Target 1: 205 🔹 Target 2: 217 🔹 Stop Loss: 187 A sustained move above the entry level could signal further gains, while the stop loss is...
EUR/USD has faced strong rejection from the 1.04400 resistance level in the H1 timeframe, signaling a possible downside move. If bearish momentum continues, the price may decline towards the following key levels: 📉 Target 1: 1.03950 📉 Target 2: 1.03500 🔹 Stop Loss: 1.04700 (to limit potential losses in case of reversal)
USOIL is showing a potential sell opportunity following a breakout of the upward trend on the 30-minute timeframe. This signals a possible shift in momentum toward the downside. Trade Setup: 🔻 Sell Entry Zone: 73.000 – 73.300 🔻 Resistance Level: 73.700 (Key level to watch for invalidation) Target Levels: ✅ Target 1: 72.300 ✅ Target 2: 71.670 ✅ Target 3:...
BTC/USD is showing a potential buy opportunity following a breakout of the downward trend on the 30-minute timeframe. This breakout signals a possible shift in momentum toward the upside. Trade Setup: 🟢 Buy Entry: 96,000 🔴 Stop Loss: 94,900 (Below key support to manage risk) Target Levels: ✅ Target 1: 97,100 ✅ Target 2: 97,800 ✅ Target 3: 98,500 Risk...
Gold is currently forming a bullish pennant pattern, a strong continuation signal indicating potential upward movement. This pattern emerges after a sharp price rally, followed by a brief period of consolidation within converging trendlines, creating a small symmetrical triangle. Key Characteristics: ✅ Strong Uptrend: The pennant forms after a significant bullish...
If gold breaks the support level of 2791, it could potentially drop to 2780, 2772, or even 2766. However, if it fails to break this support and starts moving upward, breaking the 2797 resistance, it may surge higher with strong bullish momentum.
Gold is currently trading around $2387, having formed a bearish flag pattern on the chart. This pattern suggests a potential continuation of the downtrend. The bearish flag pattern in gold suggests that the market is likely to break out below the lower boundary of the flag, potentially targeting $2367 or lower. This breakout is often accompanied by increased...
Gold Market Breakout Gold has broken out above the key resistance level of $2374, suggesting a potential continuation of the uptrend. This breakout is accompanied by a complex technical pattern, consisting of an inverse head and shoulders pattern and a bullish expanding triangle. Inverse Head and Shoulders Pattern: Left shoulder: Formed around $2366, with a...
Bearish Flag Pattern in BTCUSD The BTCUSD chart is currently forming a bearish flag pattern, indicating a potential continuation of the downtrend. With Bitcoin's price hovering around $64,300, this pattern suggests that the market is likely to break out below the lower boundary of the flag, potentially targeting $62,000 or lower. Key Characteristics: Flagpole:...
The Falling Wedge pattern is a bullish chart pattern that forms when the price of a security is consolidating within a narrowing, downward-sloping range. Here's a description of the pattern: Key Characteristics: 1. Downward slope: The price is moving downward, but at a decreasing rate. 2. Narrowing range: The range between the highs and lows is decreasing,...