Top 3 Candlestick Patterns You Could Use Finding a candlestick pattern:
Morning star
Bullish engulfing
Hammer
These strategies help you detect if a price is in an uptrend or not.
The problem is if you enter when the pattern is not touching support.
Make sure
Price is above 50 EMA
Price is above 200 EMA
Price is indicating a candlestick
Now sometimes the price will not go up immediately.If that's the case you need to exit your position.
Also consider looking at it like the price is a consolidation or range this means volatility kicking in.
So try to give your position atleast 2 weeks also set stop loss positions
to exit when you feel you are not
Able to risk all your capital.
It will take time to master trading.
Rocket 🚀 Boost This Content To Learn More.
Disclaimer ⚠️ Trading is risky please learn about risk management and profit taking strategies and feel free to use a simulation trading account before you use real money.
Candlestick Analysis
MET (Meteora) - TGE 15m FA/TA, Levels & RiskBias: short-term neutral>bullish if 0.581 holds; mid-term neutral.
Market read:
BTC ≈ $110.6k, ETH ≈ $3.88k, SOL ≈ $193.1. Risk tone modestly positive.
DXY ≈ 99.0; USD/JPY ≈ 152.6; SPY ≈ 671.8; UST 10Y ≈ 4.00%. Liquidity backdrop acceptable.
MET status (T+~13h)
Price ≈ 0.58 with intraday reclaim attempts. Day-one range ~0.516–0.687. Fib from H→L: 0.552 (0.236 up from L), 0.577–0.581 cluster, 0.601, 0.621, 0.646. Your 5–15m charts show RSI>70, MACD crossing up, TRIX rising, DEMA≈0.581 acting as pivot. Expect supply near 0.581/0.597 and heavy inventory 0.55–0.58.
Levels:
Support: 0.566 → 0.559 → 0.545 → 0.515.
Resistance: 0.581 pivot → 0.597–0.601 → 0.621 → 0.646.
Setups and risk (1m/5m/15m/30m)
• Break-retest long: Confirm a 5–15m close ≥0.581, then entry on retest 0.573–0.581. SL 0.566. TP1 0.597–0.601, TP2 0.621, TP3 0.646.
• Fail-reclaim short: If rejection at 0.581 with RSI>75 and waning volume, short perps only; SL 0.586; TP 0.565 then 0.559.
• 30m bias flip: Two consecutive closes ≥0.581 with rising volume/OBV shift bias to constructive; below 0.566 momentum stalls back to 0.559–0.545.
• Execution: post-only limits on Jupiter/Meteora, slippage ≤0.5%. Risk ≤1R per attempt.
FA + flow:
Day-one unlock and broad venue access create two-sided flow; watch Solana beta and CEX listings for impulse. MET’s microcap relative to SOL/JUP/ME/GRASS implies higher variance; treat 0.581 as line-in-the-sand for continuation.
Plan:
If you are flat: only engage on 0.581 hold. If long from lower: trim 25–50% into 0.597–0.601, trail to 0.569, run remainder for 0.621/0.646. If 0.566 breaks on volume, step aside and reassess near 0.559/0.545.
Outlook:
bullish above 0.581 and strengthening into 0.601; neutral-to-bearish on failures back under 0.566.
For educational purposes; not financial advice.
The 3-Step Rocket Booster Strategy + Morning Star Chart PatternWhen you look at this chart pattern
for this forex pair OANDA:AUDCAD
What do you see??
Well you will see the Rocket booster strategy.
What is the rocket booster strategy?
Its a trading strategy that has 3 steps:
1-The price has to be above the 50 EMA
2-The price has to be above the 200 EMA
3-The price action should gap up
Now on the last step think of this step
as the price action step
If you look at this chart you
will see something
called the Morning Star candlestick chart pattern.
Followed by the doji
Now this is a breakout pattern from the
50 EMA..
This is a special pattern for you to understand.
Am one day late on this chart pattern
and entering on the doji where there is fear
is the best time to position yourself in this
forex pair.
Rocket boost this content to learn more.
Disclaimer: Trading is risky, which means you will lose money
Whether you like it or not.
Bulls May Defend the 4110–4100 Zone! A Counterattack Is BrewingAs expected, gold reached the 4120-4110 area during the decline, and the bears are relatively in an advantageous position. However, we can also clearly see that since gold started the 4000 defense battle, although gold was once weak, it still adhered to its bottom line during the defense process. Therefore, even if the bears currently have the upper hand, it is difficult for them to cross the line!
From the short-term, we can clearly see that gold has tested the 4110-4100 area three times, and has shown good rebound performance after touching this area. As it has failed to break through the 4110-4100 area many times during the retracement process, this area has become a key stronghold and lifeline for the bulls' defense. The bulls may launch a series of counterattacks with this area as the core.
Therefore, in the short term, we might consider using the 4110-4100 area as support to try to go long on gold, initially aiming for a rebound target area of 4125-4135.
The Bears Are Warming Up!Gold Faces Renewed Downside Pressure!Gold maintained its rebound momentum during the day, and currently has rebounded to around 4155. However, we can clearly see from the rebound process that the rebound of gold is relatively lacking in strength, and in the local structure, the decline of gold is more eye-catching!
Judging from the current structure, gold is currently in a falling wedge structure, and even if it continues to rebound during the day, it still remains below the first rebound high of 4161, and even failed to break through 4155 during the rebound. This is enough to prove that the current bullish force is still insufficient. Overall, gold is under pressure from the double top structure and the double neckline around 4185. Until gold reclaims 4185, it will remain weak overall.
Primary support lies below the lower edge of the falling wedge pattern, around 4128. However, this area is relatively weak and could be broken at any time. Short-term support lies below, in the 4120-4110 area, followed by 4080-4070. If gold continues to maintain its downward pressure from the falling wedge pattern, it is likely to test these two support areas.
So in the short term, we can appropriately consider starting to short gold in the 4160-4170 area. First, aim for the retracement target area of 4130-4120.
Weak Bulls, Strong Bears! The Perfect Moment to Short Gold!Let me start with the conclusion. I've been shorting gold in the 4145-4155 range according to the trading plan in the previous article. Why do I insist on shorting gold, and what are my reasons for insisting on shorting gold?
1. After a sharp decline in gold prices, market bullish sentiment has yet to fully recover. Lack of bullish confidence has led to insufficient liquidity, potentially making it difficult to sustain a sustained gold rebound.
2. After gold fell from around 4381 to 4004, its first rebound high was near 4161. However, even during its ongoing rebound, gold has not been able to reach the 4160 area, and has not yet broken through the 4155 area. The rebound momentum is relatively weak.
3. In the short term, gold has successfully formed a falling wedge pattern within its technical structure, and has repeatedly encountered resistance and retreated at the upper edge of the pattern. The effective suppression of the falling wedge structure suggests that gold still has considerable room for a short-term pullback.
4. Even amidst recent geopolitical tensions, supported by a certain degree of risk aversion, gold's rebound momentum remains weak, and the market is in a strong bearish mood.
5. Support below has yet to be verified, and its effectiveness needs to be tested and validated. A short-term retest of support is necessary.
These are the five reasons why I'm sticking with my short position on gold! Now all we have to do is patiently wait for profits to expand and pocket the gains!
The market is bearish, but I am firmly bullish.#XAUUSD OANDA:XAUUSD
From the perspective of the 4H cycle, the gold price is still above the rising trend line, and we remain bullish on intraday trading. As time goes by, the lower defense gradually moves up to around 4030. Holding this position, the trend remains bullish. The current gold rebound is slightly weak, and there may be another decline in the short term. Continue to pay attention to the support of 4100-4090 below. If it falls back to the support again and is not broken, we can consider going long on gold with a light position. The first target is 4130-4140, with a stop loss. If the short-term support is lost, look for opportunities below again.
Gold’s Rally May Be a Setup! Smart Money Is Selling the Highs!At present, the short-term direction of gold is not obvious. Although it is moving upward, the rebound is not very strong. So far, it has not broken through the first high point area of 4161 built by the rebound after the decline, so the overall performance is still weak. Under the current market conditions, even if gold rises due to the self-rescue behavior of some bulls, the upward space is expected to be limited. It is expected to maintain a wide range of fluctuations in the 4080-4160 area to repair market sentiment.
During the repair process, I suggest that it is best not to blindly chase the rise in gold just because of the rise in gold. After all, it is necessary to prevent some bulls from spontaneously self-rescue and then push up shipments. Therefore, the resistance area that must be paid attention to first is the 4145-4155 area, followed by the 4175-4185 area. It is estimated that according to the current market conditions, gold may find it difficult to reach the resistance of the 4175-4185 area; and the support area below is the 4090-4080 area after gold rebounds. The second thing we need to pay attention to is the 4040-4030 area.
Therefore, for short-term trading, we can start shorting gold after the rebound of gold by relying on the resistance of the 4145-4155 area, first aiming at the short-term retracement target of the 4100-4090 area.
SILVER (XAG/USD): Potential Pullback Trade ExplainedThe price of ⚠️SILVER is currently consolidating within a strong horizontal support structure.
To initiate a long position with a confirmation, wait for a bullish breakout of the resistance of the range on a 4H time frame.
A 4H candle closing above 49.40 will confirm a violation.
A Subsequent bullish momentum is anticipated, potentially reaching the 50.50 resistance level.
The setup will be invalidated if the price establishes a new lower low.
GBPUSD SHORT Market structure bearish on HTFs 3
Entry at both Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Structure point Daily
Around Psychological Level 1.34500
H4 Candlestick rejection
Rejection from Previous structure
Levels
Entry 110%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
CADJPY LONGMarket structure bullish on HTFs DW
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily Previous Structure Point
Touching EMA Daily
Around Psychological Level 107.000
H4 Candlestick rejection
Levels 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
BTC 4H Analysis | Day 8🥳 Hey everyone! Hope you’re doing great! Welcome to SatoshiFrame channel.
✨ Today we’re diving into the 1-Hour Bitcoin analysis. Stay tuned and follow along!
👀 On Bitcoin’s 4-hour time frame, as shown in the chart, we can see that after a series of declines, Bitcoin has consolidated inside a large 4H range (box). This box has been classified by traders and is currently being “priced in” for the market’s next move. For now, price is still some distance from the top of the box, but the mid-range area, where price is currently hovering, could be a good zone for a potential long setup.
⛏ Multi time frame levels (1H and 15M) have already triggered signals for traders, and price is now moving toward $111,144. A breakout above this level could confirm a long entry. However, breaking this resistance may be challenging and could have a lower win rate, so we’ll use a more conservative risk approach for this move.
🧮 Looking at the RSI oscillator, it’s forming a short-term oscillating resistance near the overbought zone. The 65 level aligns beautifully with the $111,144 price resistance, meaning if RSI breaks above this threshold, that resistance could be taken out, allowing momentum to push further into the overbought region.
🕯 Bitcoin’s volume over the past few days has been strong enough to support powerful moves, but the activity has been mostly indecisive, aimed at liquidity collection within the range. If you pay close attention, you’ll notice extremely precise triggers forming at the box’s highs and lows. In short, large amounts of capital that are expected to exit gold are still in a phase of indecision, and Bitcoin hasn’t yet absorbed that risk capital.
🧠 I’m considering two main scenarios for Bitcoin’s position:
🟢 Scenario 1
Breakout above the $111,144 resistance, accompanied by RSI crossing above 65 and a noticeable increase in buy volume, signaling intent for a Bitcoin pump.
🟢 Scenario 2
Set a buy stop with a larger stop size, staying positioned for a gradual breakout. As Bitcoin breaks higher levels, we can scale in with additional volume.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Gold – Has the Positioning Cleanout Ended?In our update on Monday, we discussed the possible involvement of speculators in recent Gold moves and the potential for higher volatility that this could generate because they tend to liquidate positions quickly when a particular move turns stale.
It seems this may have had an impact on Gold prices this week, with a push to record highs of 4381 on Monday followed by a sharp reversal and drop down to lows at 4004 on Wednesday morning, a straight line move that may have more similarities with Bitcoin price action than the potential number 1 safe haven asset of choice for investors.
Now, with traders still reeling from the speed of changes in Gold prices, the emphasis may shift to short term drivers with the US and EU announcing further sanctions on Russian energy in an attempt to end the war in Ukraine, while uncertainty is growing around trade discussions between the US and China after the White House yesterday announced it is considering applying new broad software export restrictions against China, bringing into doubt the ability of the 2 sides to reach an agreement in time for President Trump and Chinese President Xi to potentially still meet at some stage next week.
Also, with the on-going US government shutdown starving traders of some key economic data readings ahead of a crucial Federal Reserve (Fed) interest rate decision next week (Wednesday October 29th), the delayed US CPI reading on Friday, due at 1330 BST may take on increased significance. Any CPI reading above market expectations could lead to a stronger dollar with potential negative implications for Gold, while an in-line or below print could help to stabilise prices around current levels.
Looking forward, with so much uncertainty surrounding the current direction of Gold, it can be helpful to adapt your approach from a technical aspect to initiating trades. This may mean assessing the wider perspective through a daily chart, before moving to a more near-term approach, using a 4 hourly chart to monitor prices ahead of the key risk events into the weekend.
This may help you to adjust your time horizons to potentially take advantage of any short term over extension of moves that could be followed by a quick snap back/reversal as investors consider the wider macro backdrop.
Technical Update: Gold - The Daily Perspective
During periods of high volatility, prices often become stretched away from the 20-period Bollinger mid-average, driven by momentum or sentiment extremes. However, when sentiment shifts direction, price tends to snap back sharply to the average, highlighting the market’s tendency to revert after an overextension.
As shown on the daily chart above, Gold’s latest price weakness could possibly be seen as a similar snap-back move. However, the rising daily Bollinger mid-average, currently at 4037, has so far held the decline on a closing basis, suggesting reversion might be at play following recent volatility.
Traders could now be focusing on this 4037 Bollinger mid-average as a daily support focus, with closing defence of this level watched over the coming key risk events.
However, by also monitoring the 4-hourly chart, it may offer earlier clues to shorter term directional risks, helping traders to anticipate whether longer term momentum is building again or may stall.
Potential Shorter Term Support Levels:
With the 4037 daily Bollinger mid-average already acting as support, the 4-hourly chart perhaps adds another layer of interest. It suggests 4004 as also a potential support level. This is equal to the 38.2% Fibonacci retracement of the September 18th to October 20th rally, and current price action suggests attempts at recovery may well be developing from here.
While not a guarantee of further weakness, 4-hourly closing breaks below the 4004/4037 range, a combination of both the daily and 4 hourly supports, could signal further price weakness. Such breaks may open the way for tests of 3944, the October 9th low, and potentially 3915, the deeper 62% Fibonacci retracement.
Potential Shorter Term Resistance Levels:
Following the recent recovery from the 4004/4037 support zone, the 4-hourly chart suggests 4141 could now be the first resistance focus. This level marks the 38.2% Fibonacci retracement of the October 20th to 21st decline and has already capped earlier attempts at price strength on Wednesday, perhaps further increasing traders attention on this level.
A confirmed 4-hour closing break above 4141 in Gold could lead to further attempts to move higher with 4184, the 50% retracement of the recent decline potentially then the next resistance.
If this level gives way, the rally could have potential to extend towards 4227, which is the higher 62% retracement.
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Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
What is Equilibrium in SMC. Balance and Imbalance in Forex Gold
Equilibrium is one of the core elements for understanding market liquidity.
In this article, we will go through the essential basics of liquidity in Forex trading with Smart Money Concepts SMC.
You will learn the interconnections between supply and demand and I will explain how to easily identify balance and imbalance on any market.
Let's start our discussion with understanding how forex pairs move.
The price of an asset goes up if the market demand is stronger than the market supply. The excess of buying activity make the markets update the highs. In smart money concepts, such an event will also be called a buying imbalance.
Look at a strong bullish rally on Gold.
The price is going up because of a buying imbalance.
A strong buying activity creates a massive amount of buyers with unfilled orders.
To entice sellers to start selling, they must offer a higher-better price.
At the same time, if the price of an asset goes down , it means that the market supply is stronger than a demand. The excess of supply will make the markets update the lows. In smc, it will be called a selling imbalance.
That is exactly what is happening with GBPUSD forex pair.
A strong selling activity and the shortage of demand makes the price go down.
The excess of supply or demand on the market can not be eternal.
The lower the price becomes, the more buyers will start buying, and the more sellers will start closing their positions.
At some moment, the surplus of supply will be absorbed by the buyers.
That will be a moment when the market will find equilibrium , the balance between supply and demand.
A strong bearish imbalance on USDJPY made the price drop significantly.
The falling price made 3 things:
It attracted more buyers, because the lower the price the more profitable is buying USDJPY.
It discouraged some buyers from buying, considering that the price is already "too low".
It encouraged some buyers to close their positions in profit.
Because of that, USDJPY stopped falling and found a balance in supply and demand. That is what we call Equilibrium .
In a bull run, the higher the price will go, the more sellers will start selling.
At some moment, buying imbalance will be absorbed by the bears and supply & demand will eventually balance.
Such an event will be called the equilibrium .
EURGBP was rallying strongly.
The higher the price went, the more sellers started to sell, considering selling the pair more and more profitable.
And the same time, fewer buyers were buying and the more started to close their buy positions in profits.
At some moment, the entire excess of the market demand was absorbed by a supply. The market stopped growing and equilibrium was found.
One of the main characteristics of a market equilibrium is sideways price movement and a termination of a formation of new highs or new lows.
Usually, such a sideways price action will form a horizontal range.
That's a real example how a CAD JPY pair found an equilibrium after an extended bearish movement. A formation of a horizontal range confirmed a balance between a supply and a demand.
Please, note that these ranges will form on any time frame that you analyse.
The rule is that the higher is the time frame of the range, the stronger is the market equilibrium.
Above, I have 3 different charts:
USDJPY on a daily time frame, EURJPY on a 4H and GBPUSD on 15 minutes.
All the pairs found an equilibrium in horizontal ranges.
An equilibrium on USDJPY will signify intra week or even intra month balance,
while on EURJPY it will mean intraday/intra week balance.
On GBPUSD, it will signify intraday equilibrium.
Market equilibrium can not last forever.
Fundamentals news and changing market conditions, make the market participants constantly reassess a fair value of an asset.
A violation of the range and a breakout of one of its boundaries will be a trigger of an occurrence of an imbalance .
A bullish violation of the upper boundary of the range will signify a buying imbalance and a highly probable rise to the new highs.
While a bearish violation of the lower boundary of the range will mean a selling imbalance and a highly probable fall to the new lows.
Please, study how GBPCHF was moving for a week on an hourly time frame.
The periods of balance were changed by the periods of bullish or bearish imbalances, that found a new equilibrium on higher/lower price levels.
Understanding of basic principles of supply and demand in trading is essential for profitable trading smart money concepts.
Learn to recognize the periods of imbalance and equilibrium.
It will provide you the edge in understanding and trading any forex pair.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NASDAQ INDEX (US100): Bullish Move After the Trap
I see a confirmed liquidity grab below a key horizontal support
on an hourly time frame.
A formation of a cup & handle pattern and a breakout of its neckline
afterward suggest a strong buygin interest.
The market will rise more and reach at least 25023 level.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold finally has a supply range! Time for bullish correction?I talked about everything but the obvious inverse head and shoulders/Quasimodo forming the right shoulder now. If everything goes right can we expect an arm to extend upwards here during the stochastic buy cycle?
Let me know what you think and be sure to share and care for others if you found this helpful.
Also talked about the "REAPER WARNING" as we have a reaper inversion range actively terrorizing price 🧩
USD/JPY(20251023)Today's AnalysisMarket News:
The shutdown continues, and the US Senate has rejected the temporary funding bill for the 12th time.
Technical Analysis:
Today's buy/sell levels:
151.83
Support and resistance levels:
152.38
152.17
152.04
151.61
151.48
151.27
Trading Strategy:
If the stock breaks above 152.04, consider buying, with the first target price being 152.17.
If the stock breaks below 151.83, consider selling, with the first target price being 151.61.
AUDUSD: Monitoring Downside MomentumDaily Timeframe:
Yesterday's session closed with a doji (inside bar). There's a lot of indecision going on. Price is maintaining below the HTL, however, the ranging bars may indicate that there's a lack of selling pressure.
If momentum does not pickup, we might see a fakeout. For the time being, I still maintain a bearish stance on the daily timeframe.
H1 Timeframe:
Price is breaking below the ATL, which is the first indication that momentum may be picking up throughout the Asian session.
Price remains choppy around the EMAs, which is a less reliable momentum signal.
However, I do think this pair has potential if price does not close back above the ATL.
GBPJPY: Trend ContinuationOver on the daily timeframe, price is respecting the EMAs. This is indicating a clear uptrend. In addition, the HTL is a resistance turned support level so overall bullish sentiment unless price crosses back below this level.
The H1 timeframe is also supporting the notion that there's momentum to the upside. Structurally, there's momentum to the upside. This is first indicated by price breaking above the DTL.
In this case, price's acceleration away from the EMA is not clear signal. This was quite choppy since October 12th.
There's potential to the upside, but I'd approach this pair a bit more cautiously.
Ethereum Uptrend Under Pressure, Setup in PlayETH/USD is clinging to uptrend support, providing a level that can be used to build setups around. The first thing that stands out is the inability for the price to bounce meaningfully, differentiating it from last week, at least so far. Secondly, prior to Wednesday’s bearish candle, there was a string of dojis, indicating that while the recent price action has been bearish, there’s still plenty of indecision out there as to whether the move will extend.
As things stand, momentum signals favour downside with RSI (14) and MACD shifting from neutral to bearish territory. However, marginal bullish divergence between RSI (14) and price provides an early warning signal that downside pressure may be in the process of bottoming. As such, while selling rallies and downside breaks is preferred, until one of those eventuates, there’s still opportunity to look for short-term countertrend trades.
If we see a definitive break of the April uptrend and push below the October 17 low beneath $3700, shorts could be established with a stop above either level to protect against reversal. $3500 and $2930 screen as two potential targets.
However, if the trendline continues to be defended successfully, longs could be established with a stop beneath either today’s or the October 17 low for protection. $4100 or the 50-day moving average loom as possible targets.
Good luck!
DS
EURJPY: Trend ContinuationThe daily structure is indicating that price is trading in the direction of the overall uptrend. Price is held supported and it bounced off of the EMA20.
Over on the H1 timeframe, there's quite a few confluences. There's a chance that momentum really picks up in this session.
Price is breaking above DTL, indicating momentum has a chance to pick up going into this Sydney/Tokyo session.
Price is also showing confluence with the higher TF, trading in the direction of the uptrend.
Price is also exiting away from the EMA band. However, there's a lot of overlap with the EMAs so it's a rather weak signal.






















