


Royalfxsignal
Technical Analysis: USD/JPY – Double Bottom Reversal Formation Pair: USD/JPY Timeframe: 30-Minute (M30) Date: May 7, 2025 Pattern: Double Bottom – Bullish Reversal Pattern 📈 Market Structure Overview The USD/JPY pair has recently shifted from a short-term downtrend into a potential bullish reversal phase, evidenced by the appearance of a double bottom...
USDCAD – Rising Wedge Breakdown Signaling Bearish Reversal Pair: USD/CAD Timeframe: 30-Minute Date: May 6, 2025 Type: Pattern-Based Reversal Setup Bias: Bearish 🧠 Technical Pattern: Rising Wedge (Bearish Reversal) The chart presents a clearly defined Rising Wedge pattern, a bearish formation that often appears after an uptrend or during consolidation. It's...
XAGUSD (Silver/USD) - Symmetrical Triangle Breakout with Bullish Continuation Setup Timeframe: 30-Minute Chart Date: May 6, 2025 Instrument: Silver vs US Dollar (XAG/USD) 📊 Chart Pattern Analysis The chart displays a symmetrical triangle formation, a classic continuation pattern that signals potential for a breakout after a consolidation phase. The structure...
GBP/USD 30-Minute Chart Analysis Pattern: Triple Bottom Reversal Instrument: British Pound / U.S. Dollar (GBP/USD) Timeframe: 30M Bias: Bullish Reversal Current Price: 1.33867 🔍 Chart Pattern Overview – Triple Bottom The chart displays a Triple Bottom formation, which is a classic bullish reversal pattern that signals the exhaustion of selling pressure and...
EUR/USD 3H Analysis – Falling Wedge Breakout with Bullish Continuation Setup This chart of EUR/USD on the 3-hour timeframe illustrates a classic Falling Wedge pattern, signaling a potential bullish reversal. The pattern is well-defined with clear structure, support/resistance levels, and momentum indicators aligning for a long setup. 🔹 Market Context &...
ETH/USD Technical Analysis (30-Min Chart) 🗓️ Chart Date: May 6, 2025 🧠 Author: Royalfxsignal 🟨 Chart Pattern: Rectangle Pattern (Bearish Bias) 🧱 Structure Explanation: This ETH/USD chart shows a Rectangle Pattern, also known as a Range-Bound Consolidation. Price has been oscillating between a defined resistance zone and a support zone, indicating indecision in...
BTC/USD – Double Bottom Reversal Pattern Forming a Bullish Setup Chart Overview: Timeframe: 45-minute chart Instrument: Bitcoin vs US Dollar (BTC/USD) Platform: Bitstamp via TradingView Date: May 6, 2025 🔍 Technical Analysis Breakdown 1. Trend Context – Prior Downtrend The price had been in a sustained downtrend, characterized by a series of lower highs and...
USD/JPY Trade Setup – Falling Wedge Breakout Indicates Bullish Reversal Timeframe: 45-Minute Chart Instrument: USD/JPY (U.S. Dollar / Japanese Yen) Pattern: Falling Wedge Trend Bias: Bullish (Reversal Setup) 🧠 Chart Pattern Analysis: Falling Wedge The chart depicts a well-formed Falling Wedge pattern — a classical bullish reversal signal typically forming...
USD/CAD (30-Min Chart) – Bullish Breakout from Falling Wedge Formation 🧩 Market Context The USD/CAD pair is currently presenting a technically clean and high-probability bullish reversal setup, confirmed by a breakout from a Falling Wedge pattern on the 30-minute chart. This setup emerges after a short-term downtrend, positioning it as a potential bullish...
XAG/USD – Symmetrical Triangle Forming a Bearish Setup (30-Min Chart) 📌 Overview This XAG/USD (Silver vs. US Dollar) chart on the 30-minute timeframe showcases a well-defined symmetrical triangle pattern forming after a sharp decline, indicating potential continuation to the downside. Triangle patterns are consolidation phases, and given the prior trend is...
EUR/JPY Technical Analysis – Falling Wedge Breakout with Bullish Continuation Setup Chart: 30-Minute Timeframe Date: May 5, 2025 Asset: Euro / Japanese Yen (EUR/JPY) Chart Pattern: Falling Wedge + Breakout & Retest 🔍 1. Trend Context & Price Behavior Prior to the pattern formation, EUR/JPY experienced a strong bullish rally, establishing a local high near...
GBP/USD – Triple Bottom Reversal & Breakout Setup Timeframe: 30-Minute Chart Published: May 5, 2025 Pair: GBP/USD – British Pound / U.S. Dollar By: RoyalFxSignal 🧠 Chart Context & Market Structure The GBP/USD pair recently experienced a prolonged downtrend, characterized by lower highs and lower lows. However, the chart now shows clear signs of bullish...
Technical Analysis: ETH/USD (30-Min Chart) Published: May 5, 2025 By: RoyalFxSignal 🔍 Chart Overview This ETH/USD chart highlights a textbook Double Top pattern, a bearish reversal signal following a strong prior uptrend. The market structure, support/resistance levels, and price action behavior all align to present a high-probability short (sell) trading...
USDCAD Bullish Reversal Setup – Double Bottom Pattern Timeframe: 45-Minute Instrument: USDCAD (U.S. Dollar / Canadian Dollar) Date: May 4, 2025 Chart Pattern: Double Bottom Bias: Bullish Reversal 🧠 Technical Breakdown: This chart highlights a classic Double Bottom pattern, signaling a potential end to the recent downtrend and a shift toward bullish momentum. ...
XAG/USD Technical Analysis – Inverse Head & Shoulders Suggests Bullish Reversal Asset: Silver / U.S. Dollar (XAG/USD) Timeframe: 45-Minute Date of Analysis: May 4, 2025 Chart Type: Reversal Pattern (Inverse Head & Shoulders) Strategy: Breakout Reversal Setup 🧩 Pattern Identification – Inverse Head & Shoulders The chart clearly displays a classic Inverse Head &...
EUR/JPY – Rising Wedge Breakdown Signals Bearish Reversal Timeframe: 45-Minute Chart (OANDA) Pattern: Rising Wedge → Bearish Reversal Date: May 4, 2025 Current Price: ~163.64 Market Bias: Bearish (short-term) 🧠 Technical Overview: The EUR/JPY pair recently formed a Rising Wedge pattern, a well-known bearish reversal formation that occurs after a bullish trend....
GBP/USD – Bullish Falling Wedge Breakout Setup | 1H Technical Breakdown Pair: GBP/USD (British Pound / U.S. Dollar) Timeframe: 1H (Hourly) Published: May 4, 2025 Platform: OANDA Technical Pattern: Falling Wedge (Bullish Reversal) 🔍 Chart Pattern Breakdown: Falling Wedge The primary structure visible on the chart is a Falling Wedge, a classic bullish reversal...
Ethereum (ETH/USD) – Bearish Breakdown from Rising Wedge | Long-Term Weekly Analysis Published: May 4, 2025 Timeframe: 1W (Weekly) Instrument: Ethereum vs U.S. Dollar (ETH/USD) Exchange: Bitstamp 🔍 Pattern Overview: Rising Wedge Breakdown (Bearish) This ETH/USD weekly chart showcases a bearish breakdown from a Rising Wedge, a classic reversal pattern in...