money_magnet2

money_magnet2 Updated 

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...

money_magnet2 Updated 

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....

money_magnet2

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...

money_magnet2 Updated 

This chart shows a potential "triple top" pattern in the XAU/USD (Gold Spot vs. US Dollar) market on the 30-minute timeframe. Here's a quick breakdown of what's going on: Triple Top Pattern: The three red arrows mark three peaks near the same level, signaling strong resistance around the 3,245–3,250 area. Support Line: The purple line below the peaks indicates...