This chart is for the AUD/USD currency pair on a 30-minute timeframe. It appears to be a double top pattern, which is typically a bearish reversal pattern. Here's a breakdown of the strategy implied in the chart: Key Elements: Double Top (Red Arrows): Indicates a strong resistance zone around the 0.6389 area. Neckline (Blue Horizontal Line): Around 0.637
This chart shows a bearish setup for the USD/JPY pair on the 30-minute timeframe. The price is moving within a descending triangle pattern, a classic bearish continuation signal. Here's a breakdown of the setup: Entry Point: Near the current price level, around 142.5. Stop Loss: Just above the descending resistance line, slightly above 143.0. Take Profit: Near...
This USD/SEK (U.S. Dollar/Swedish Krona) chart on the 30-minute timeframe shows a potential bullish setup following a falling wedge breakout: Green arrow: Marks a breakout from the wedge pattern. Red arrow: Previous swing high or resistance level. Blue triangle path: Suggests the anticipated upward move. Take Profit (TP): Target price level is near the...
This chart shows a technical analysis setup for the USD/CAD pair on the 30-minute timeframe. Key Elements: Descending Channel: The price is in a downtrend, forming lower highs and lower lows within a clearly defined downward channel. Double Bottom Pattern (Orange Circle): Suggests a potential bullish reversal, but not confirmed unless the neckline is...
This chart shows the US Government Bonds 10-Year Yield (US10Y) on a 30-minute timeframe. Here’s a breakdown of the technical analysis represented: 1. Downtrend Pattern: A descending triangle or falling wedge formation is drawn using blue and green trendlines. The chart shows a significant drop from around 4.60% down to near 4.27%. 2. Key Markers: Red Down...
This chart shows a potential trade setup for USD/JPY on the 30-minute timeframe. Here's a quick breakdown of what's being illustrated: Pattern: The chart appears to show a double top or "M" pattern forming, suggesting a bearish reversal. Entry Point: The trader seems to anticipate a short (sell) position after the price reaches the second peak (highlighted with...
This chart shows a trading setup for XAU/USD (Gold Spot vs US Dollar) on the 30-minute timeframe. Here's a quick breakdown of the analysis: 1. Chart Pattern: The chart illustrates a possible bullish reversal or double bottom setup, suggesting a potential long (buy) opportunity. 2. Entry Point: The green arrow indicates a bounce off support, signaling a...
This chart shows a gold trading setup (CFDs on Gold - US$/OZ) on a 30-minute timeframe. Here’s a quick breakdown: Trend Direction: Strong uptrend with a series of higher highs and higher lows. Entry Point: The second green arrow indicates a breakout confirmation after a small pullback, suggesting a buy entry. Stop Loss: Set just below the breakout level (in red...
This chart is a technical analysis of the EUR/USD currency pair on a 30-minute timeframe, showing a trading plan with key levels: 1. Entry Point (Short Position): Around 1.13922, marked with a red downward arrow. 2. Stop Loss: Slightly above the green resistance zone (around 1.14000), where the trade would be exited if price moves against the position. 3....
This chart shows a technical analysis setup for USD/JPY on a 30-minute timeframe. Here's a breakdown of what it’s indicating: Support Zone (Green Box at Bottom): Price has reached a support level around 141.98 – 142.00 (marked by the green arrow). This is where buyers previously stepped in. Stop Loss (STP LOSS): Placed just below the support zone, minimizing...
This chart displays a potential short trade setup for GBP/USD on the 30-minute timeframe. Here's a breakdown of what it's showing: Entry Point: The red downward arrow near the top indicates a suggested entry for a short trade (selling). Stop Loss: Positioned just above the recent high around the 1.32900 level, marked in red. Take Profit Targets: 1. First...
This chart is a trading setup for CFDs on Gold (XAU/USD) on a 30-minute timeframe, published on April 16, 2025. Here’s a breakdown of what the chart suggests: Trade Setup Overview: Current Price: Around 3,291.990. Trade Type: Sell/Short Position. Stop Loss: Around 3,298.648. Take Profit Levels: First TP: Near 3,266.833.
This chart is a technical analysis for BTC/USD (Bitcoin to US Dollar) on the 30-minute timeframe. Here's a quick breakdown of what it shows: Chart Pattern: The red lines and orange circles indicate a double bottom pattern, suggesting a potential bullish reversal. Support Zone: Around $83,136 – marked in green. Price rebounded from this zone. Resistance/Target...
This chart shows a technical analysis setup for Gold Spot (XAU/USD) on the 30-minute timeframe. Here's a breakdown of the strategy being shown: Pattern: The price is moving within a rectangle/range, forming a range-bound market between the resistance zone near 3,247 and support around 3,202. There's a clear support line (blue horizontal line) being tested...
This chart shows a BTC/USD 30-minute timeframe with a double/triple top pattern forming around the $85,900 level, marked with red arrows and a "STOP LOSS" label. The highlighted zones and annotations suggest a potential short trade setup. Here's a breakdown: Resistance Zone (Top Red Box): Bitcoin has tested this level multiple times and failed to break higher,...
This chart illustrates a triple top pattern for BTC/USD on the 30-minute timeframe—a classic bearish reversal signal. Here's a quick breakdown: Red Arrows / Top Zone: Three clear attempts to break resistance around the 85,900 level, all failing, which defines the triple top. Support Zone: Horizontal red line around 83,300 indicates a strong support...
This chart shows the price action of XAU/USD (Gold Spot vs. U.S. Dollar) on a 30-minute timeframe. It appears to be a range-bound market setup, and here's a breakdown of what’s going on: Key Elements: 1. Horizontal Range: Support Zone: Around the 3,195 area (green highlighted zone). Resistance Zone: Around the 3,240–3,250 area (purple zone at the top). 2....
This chart shows a potential USD/JPY long (buy) trade setup based on a double bottom pattern or range support bounce. Here’s a quick breakdown of what’s happening: Key Observations: Timeframe: 30-minute chart. Support Zone: Around 142.200–142.500, which has held multiple times (highlighted by orange circles). Resistance Zone: Around 144.800–145.000, previously...