


Royalfxsignal
BTC/USD Weekly Chart Analysis – Cup & Handle Breakout Asset: Bitcoin (BTC/USD) Timeframe: Weekly (1W) Pattern: Cup and Handle (Bullish Continuation) Date of Analysis: May 4, 2025 Source: Bitstamp 🔍 Pattern Explanation: Cup and Handle The Cup and Handle is a classic bullish continuation pattern that signals consolidation followed by breakout potential. It...
XAU/USD (Gold vs US Dollar) Intraday Chart Analysis Pattern: Symmetrical Triangle Timeframe: 45-Minute Date: May 4, 2025 🔷 Technical Chart Pattern: Symmetrical Triangle The price action in XAU/USD has formed a symmetrical triangle pattern, which typically represents a phase of market consolidation and indecision between buyers and sellers. This triangle is...
USD/JPY Weekly Analysis – Symmetrical Triangle Forming a Potential Bearish Breakout Setup Date: May 3, 2025 | Timeframe: 1W (Weekly) 🔷 Pattern Overview: Symmetrical Triangle The USD/JPY pair is currently trading within a well-defined symmetrical triangle pattern that has been developing since mid-2023. This classic chart pattern represents a period of...
Silver (XAG/USD) – Bearish Reversal Forming via Classic Double Top Pattern 🔍 Chart Overview The daily price action of Silver (XAG/USD) clearly displays a Double Top pattern, indicating a potential bearish reversal after an extended bullish run. The pattern structure is well-defined, supported by historical resistance, and price behavior is now aligning with a...
EUR/JPY Daily Chart – Rising Wedge Pattern Suggests Bearish Reversal Ahead 🔍 Market Context & Structure The EUR/JPY pair has been consolidating within a rising wedge formation on the daily chart — a pattern that often precedes bearish reversals. This technical setup has developed after a strong rally off the March 2025 lows, with price pushing toward a...
GBP/USD Daily Chart Analysis – Rectangle Pattern Breakout & Bullish Continuation Potential 🔶 Chart Overview: The GBP/USD daily chart shows a well-structured rectangle consolidation pattern that has been in formation since late 2023. The price has been trading between clearly defined horizontal support (~1.2273) and resistance (~1.3652–1.38) levels for several...
(ETH/USD) 1H Analysis — Classic Double Top Formation Signaling Bearish Reversal Date Analyzed: May 2, 2025 Asset: Ethereum (ETH/USD) Time Frame: 1 Hour (1H) Chart Pattern: Double Top Technical Bias: Bearish Trade Type: Short Setup 🔍 Overview of Price Structure Ethereum has formed a Double Top pattern, a well-established bearish reversal formation that often...
Comprehensive Chart Breakdown – BTC/USD (1-Hour Timeframe) Pattern: Bullish Pennant | Instrument: Bitcoin / US Dollar (BTC/USD) | Exchange: Bitstamp | Timeframe: 1H Technical View as of May 2, 2025 🔍 1. Market Context: Prior to the pennant formation, Bitcoin exhibited a strong bullish impulse leg from the sub-$94,000 zone up to nearly $97,800, forming the...
XAU/USD 1H Chart Analysis – Bearish Triangle Breakout 🔷 1. Chart Pattern Formation: Symmetrical Triangle The market had been consolidating within a symmetrical triangle, a pattern defined by descending resistance and ascending support lines. This pattern reflects price compression — a tug-of-war between buyers and sellers — leading to a breakout as volatility...
XAG/USD Technical Analysis – Bearish Breakdown from Symmetrical Triangle Timeframe: 1H Instrument: Silver / U.S. Dollar (XAG/USD) Analysis Date: May 1, 2025 Chart Type: Price Action & Pattern-based Analysis 🔺 Pattern Formation – Symmetrical Triangle Between April 17 and April 30, price action formed a Symmetrical Triangle Pattern, characterized by: Rising...
GBP/USD – Falling Wedge Breakout Suggests Potential Bullish Reversal Pair: GBP/USD Timeframe: 1H (Hourly) Pattern: Falling Wedge Bias: Bullish Date: May 1, 2025 Author: RoyalFXSignal 🧠 Market Psychology The market has been in a corrective bearish phase, characterized by lower highs and lower lows, often a signal of profit-taking or fading bullish momentum from...
EUR/USD – Falling Wedge Breakout from Support Zone | Bullish Reversal Setup (May 2025) Pair: EUR/USD Timeframe: 1-Hour (H1) Chart Pattern: Falling Wedge Bias: Bullish Reversal Published: May 1, 2025 🧠 Technical Overview The EUR/USD pair has formed a classic falling wedge pattern, a well-known bullish reversal formation, following a strong downtrend. This setup...
USDCAD – Double Bottom Formation Signaling Potential Bullish Reversal Timeframe: 2-Hour (H2) Pair: USD/CAD Published: May 1, 2025 Pattern Type: Double Bottom (Bullish Reversal) 🧠 Technical Analysis Overview This chart showcases a double bottom pattern, a reliable bullish reversal structure that forms after a sustained downtrend. The double bottom is confirmed...
JPYUSD Technical Analysis – Falling Wedge Breakout | Bullish Reversal Trade Setup 🗓 Chart Overview Pair: Japanese Yen / U.S. Dollar (JPYUSD) Timeframe: 45-Minute Chart Market Session: Consolidation phase after prolonged decline Pattern Detected: Falling Wedge Trading Bias: Bullish (Breakout Expected) Type: Price Action Setup + Support/Resistance Confluence ...
ETH/USD Analysis – Rising Wedge Breakdown Indicates Bearish Momentum 🧠 Chart Pattern Breakdown – Rising Wedge This Ethereum to USD chart on the 45-minute timeframe clearly illustrates the formation of a Rising Wedge pattern, a well-documented bearish reversal structure. This pattern is often seen at the end of an uptrend or after a corrective move, indicating...
📊 Bitcoin Breakout from Falling Wedge | Bullish Trend May Resume Toward $112K Bitcoin (BTC/USD) is showing strong signs of a bullish continuation after breaking out from a classic Falling Wedge pattern on the daily timeframe. This breakout could mark a significant turning point in BTC’s price action, potentially pushing the price toward the next major resistance...
XAU/USD Chart Analysis — Triple Bottom Reversal Pattern 🔷 Chart Context: Asset: Gold Spot (XAU/USD) Timeframe: 2-hour (H2) Chart Pattern: Triple Bottom Market Structure: Previously bearish, transitioning into potential bullish reversal 🧩 Pattern Breakdown: Triple Bottom Formation A Triple Bottom pattern has clearly developed, which is a strong bullish...
EUR/JPY 45-Minute Chart — Advanced Technical Analysis Pattern: Falling Wedge Breakout with Retest Opportunity 📈 I. Technical Pattern Analysis: Falling Wedge The EUR/JPY pair has formed a textbook falling wedge pattern, which is typically a bullish reversal or continuation pattern, depending on where it forms within the trend structure. In this case, the falling...