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Candlestick Analysis

Gold (XAU/USD) – Breakdown & Two Clear ScenariosGold recently moved inside a defined price range between 4260–4160, even forming a bullish triangle pattern, suggesting indecision with a slight bias upward. During today’s session, price has broken below the Previous Day Low (PDL), which now acts as short-term resistance. From here, we can play two likely scenarios: 📈 Bullish Scenario If gold reclaims and breaks above the PDL, we may see price retrace toward the Previous Day High (PDH). Upside potential lies near ~4240, with buyers regaining control. 📉 Bearish Scenario If the PDL remains as strong resistance and price rejects it, a throwback could lead gold to test liquidity near the 4100 zone. This area also coincides with the midline of the bullish channel, making it a key support zone for potential buys. 🌐 Fundamental Context According to Reuters, recent weeks have seen a weakening USD and high market expectations of a Fed rate cut in December, which supports gold as a non-yielding asset. However, stronger-than-expected U.S. employment data and rising Treasury yields have created periodic pullbacks, showing short-term pressure. Safe-haven demand remains a factor due to ongoing geopolitical tensions and global economic uncertainty, further boosting gold’s medium-term bullish story. OANDA:XAUUSD
FOREXCOM:XAUUSDLong
by Dan-Goldfx
FireHoseReel | BNB Daily Analysis #19🔥 Welcome To FireHoseReel ! Let’s dive into BinanceCoin (BNB) analysis. 👀 BNB 1H Overview BNB reacted to its resistance yesterday and activated its long trigger. It is now still struggling with the same resistance zone, while we have slightly moved the resistance higher for the new trigger. 📊 Volume Analysis BNB volume has formed a divergence with price. A clear resistance breakout requires rising buy volume for confirmation. Keep in mind that all valid breakouts need volume convergence—otherwise, a fakeout is very likely. ✍️ BNB Trading Scenarios 🟢 Long Scenario: A breakout above the current resistance at $904, supported by increasing buy volume, could open a valid long setup. 🔴 Short Scenario: A breakdown below the maker-buyer low at $877, confirmed with strong selling pressure on the 1H timeframe, could activate a short setup. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Long
by FireHoseReel
Ethereum crypto strong demand at $2,880 playing outEthereum tapped a major demand zone at $2,880, and the reaction is clear: buyers stepped in, just like they usually do when a clean, fresh imbalance takes control. The last time ETH reacted to a similar structure on the bigger timeframes, we saw extended bullish legs unfolding week after week. Right now, the question is simple: Will this demand level hold long enough to push ETH toward $4,120 and beyond? Based on the current imbalance structure, the answer leans strongly toward yes.
Long
by AlfonsoMoreno
Hammer Candle Sparks Bullish HopesCoiling within a falling wedge and having printed a hammer candle on the daily timeframe last Friday, a resumption of the broader bullish trend in CHF/JPY may soon be on the cards. However, with RSI (14) and MACD turning neutral on directional bias, confirmation of the bullish signal would be preferred before considering long setups. 192.70 is a level worth keeping an eye on during Monday’s session, coinciding with the high set on 30 October where the price bounced strongly following a failed downside break on Friday. Should we see a retest of the level followed by another bounce, it would strengthen conviction about establishing long positions, creating a setup where entry could be made above the level with a stop beneath it or Friday’s low to protect against an extension of the latest pullback. The first topside level of note for bulls would be the November downtrend, currently around 194.00. If the pair were to break and hold above this level, it would signal a potential return to the November high of 195.73, putting both it and horizontal resistance at 194.57 on the radar as other bullish targets. Of course, should CHF/JPY resume its push lower, it would open the door for bearish setups, especially if we see a close beneath 192.70. If that were to eventuate, shorts could be established on the break with a stop above for protection, targeting the influential 50DMA where the price has bounced on six separate occasions since August when breached. A sustained move beyond that level would put 190.54 resistance and uptrend support dating back to February on the radar for bears. Good luck! DS
Long
by FOREX.com
FireHoseReel | BNB Daily Analysis #18🔥 Welcome To FireHoseReel ! Let’s dive into BinanceCoin (BNB) analysis. 👀 BNB 1H Overview BNB is still holding the same position as yesterday, and due to the holiday period, the market hasn’t shown major changes. I’ve only adjusted the newly formed resistance slightly and moved it to $898.22. 📊 Volume Analysis BNB volume was very low yesterday, but today it’s showing a moderate increase. Sundays usually bring more activity than Saturdays, so with rising volume, any trigger activation could lead to a faster move. ✍️ BNB Trading Scenarios 🟢 Long Scenario: A breakout above the newly formed resistance at $898.22, supported by rising buy volume, could act as a risky long trigger. The next key long level lies around $922.57. 🔴 Short Scenario: A 15-minute base has formed in this zone, which may offer a quick entry with a tight stop. The main short trigger is at $877.33—a confirmed break with volume could validate a short entry. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel
Top 3 Mistakes Forex Traders MakeI had to Docukent this trade because it reminds of the time. This time was slow.I tried to buy between two Moving Averages. The 50 EMA and the 200 EMA. Then I put a chart pattern. This chart pattern is called the trendline support. But there is a problem. How do I use a chart pattern on forex trading? And how do I trade with confidence so I used the following. 1-The trendline support 2-The Stochastic 3-RSI These three tools are the mistakes that forex traders don't use. Rocket boost this content to learn more. Disclaimer ⚠️ Trading is risky please learn about risk management and profit taking strategies. Also feel free to use a simulation trading account before you use real money.
Long
by lubosi
BTC/USD – Band Rejection + Gap Squeeze Play (Textbook Execution)Caught a clean 30m bullish band rejection on BTC/USD, aligned with a textbook gap-up squeeze setup. Price gapped above the lower Bollinger Band after a clear downtrend, forming a strong engulfing candle. Entry triggered on break of the rejection candle high at 89,276. Trade Highlights: - Entry: 89,276 (2 lots) - Target 1: Midline (9 EMA) hit at 89,372 (+0.11%) - Target 2: Upper Band hit at 89,672 (+0.44%) - Stop: 89,044 (below rejection low) - Result: Full 1:1 RR achieved on both lots Setup Confluence: - Lower band rejection with hammer - Gap-up ≥ 1% with strong close - X/Y band stretch> 1.6 confirms squeeze - No opposite rejection before midline Takeaway: A+ setup with high-probability structure and mechanical execution. Kill fast, ride smart.
COINBASE:BTCUSD
by Ethical_Bear
SNDK - Bullish Scenario Since 04 Sept, Momentum Still Intact!SNDK - CURRENT PRICE : 228.47 🔥 Bullish Scenario Supported by Trend Structure & Fibonacci Reactions SNDK began showing early signs of a bullish scenario when price respected a rising support line , indicating steady accumulation and higher lows forming. The major bullish confirmation occurred on 04 September , when price broke above the 55.55 level (look at red arrow), triggering strong momentum and leading to a rapid vertical rally. As with many fast-moving stocks, a healthy retracement followed, and SNDK pulled back precisely toward the Fibonacci 38.2% golden ratio, where the stock found support and began forming a new base. This behavior suggests the prior uptrend remains intact, and the uptrend may resume as long as the stock continues to hold above this retracement zone. Some Elliott Wave practitioners may also interpret the current structure as a developing Wave 5, suggesting the potential for another upside leg if the trend continues to follow impulsive wave behavior. Take note that I'm using logarithmic scale chart because the share price has already risen more than 300% since the 04 September breakout, making it more suitable for analyzing large percentage moves and trend structure. ENTRY PRICE : 228.47 FIRST TARGET : 270.00 SECOND TARGET : 324.00 (Projected based on Fibonacci extension) SUPPORT : 183.00 (The low of 21 Nov HAMMER candle)
NASDAQ:SNDKLong
by IMRAN_96
1
Long trade 🟩 Buy-Side-trade Buy-side Trade Pair: AUDNZD Date: Thu 4th Dec 2025 Time: 2:00 am (NY Time) Session: Tokyo Session AM 📘 Trade Details Entry: 1.14615 Profit Level: 1.15475 (+0.75%) Stop Level: 1.14483 (–0.12%) Risk–Reward (RR): 6.52 📗 Model / Structure (ICT / SMC) Market Structure Shift (MSS) → bullish BOS Price trades into discount retracement zone FVG (Fair Value Gap) inside mitigation zone Imbalance fill → rejection → bullish displacement EMA/WMA alignment confirms directional trend 📙 Liquidity Story Swept liquidity beneath prior swing low (red marker) Inducement engineered below 1.14300 We assume price is now delivering into inefficiency above 1.15000 Liquidity magnets aligning with: 1.15200 micro-high 1.15500 extension 0.50 & 0.75 fib levels align with higher-timeframe targets 📕 Sentiment / Narrative AUD strengthening from commodity sentiment NZD losing footing on macro softness Tokyo Session → bullish continuation characteristics Multi-session volatility expansion supports upward delivery 📒 Outcome / Expectations We assume expansion towards 1.15400–1.15600 Clean inefficiency above → strong draw-on-liquidity Stop placed under structural pivot protected by OB Clear upside space for continuation to weekly premium zone
Long
by davidjulien369
FireHoseReel | XRP Breaks Key Support, Eyes $1.99 Next🔥 Welcome To FireHoseReel ! Let’s jump into Ripple (XRP) market analysis. 👀 XRP 4H Overview Compared to most coins in the market, XRP has experienced a sharper sell-off. Based on chart data, it has now broken its dynamic support and is currently moving toward the next dynamic support around $1.9928. 📊 Volume Analysis XRP volume has declined due to the holiday period, so we rely more on past reactions. Previously, price attempted to defend this zone and bounce higher. This time, however, the level has been broken with a strong sell-off candle. ✍️ XRP Trading Scenarios 🟢 Long Scenario: A breakout above the local high at $2.2454, supported by strong buying volume, could trigger a sharp upside move. 🔴 Short Scenario: At the moment, a stop can be defined above the previous 4H candle. For a safer entry, wait for a reaction at $1.9928—if this support breaks with selling pressure, a short setup becomes valid. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel
1
FireHoseReel | BNB Daily Analysis #17🔥 Welcome To FireHoseReel ! Let’s dive into BinanceCoin (BNB) analysis. 👀 BNB 1H Overview After the recent drop, BNB is currently ranging between $895 and $877. A breakdown below the range floor could trigger a deeper correction. This support also aligns with the 38% Fibonacci retracement, making it a valid technical level. 📊 Volume Analysis Volume increased during the sell-off, then dropped sharply in momentum. A strong sell-off candle hit the maker-buyer zone, followed by range consolidation. Due to the holiday period, volume conditions remain weak. ✍️ BNB Trading Scenarios 🟢 Long Scenario: A breakout above the range high at $922 could activate the next long trigger. 🔴 Short Scenario: A breakdown of the current floor (maker-buyer zone), potentially driven by a long squeeze and sudden volatility spike, could open the door for a short entry after a pullback with tighter risk. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel
FireHoseReel | HYPE on 0.618 Fibonacci Decision Zone🔥 Welcome To FireHoseReel ! Let’s jump into HyperLiquid (HYPE) market analysis. 👀 HYPE 1H Overview HYPE is currently trading near a key support zone and is forming a lower low compared to the previous bottom. This area also aligns with the 0.618 Fibonacci retracement, making it a critical reaction zone. 📊 Volume Analysis HYPE volume has dropped significantly. The first strong increase in volume is likely to define the next major move. Volume is the most reliable confirmation here. ✍️ HYPE Trading Scenarios 🟢 Long Scenario: A breakout above $35.945, either through a short squeeze or strong buy volume, can activate a bullish move to the upside. 🔴 Short Scenario: A breakdown below the current support near $33.179 with rising sell volume can trigger a solid short setup. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel
FireHoseReel | BNB Daily Analysis #16🔥 Welcome To FireHoseReel ! Let’s dive into BinanceCoin (BNB) analysis. 👀 BNB 1H Overview BNB is currently hovering near a key support zone. A breakdown below this level could trigger a deeper correction toward lower prices. 📊 Volume Analysis Trading volume has dropped sharply at this corrective level. A new surge in either buy or sell volume could ignite a strong momentum move. ✍️ BNB Trading Scenarios 🟢 Long Scenario: A breakout above $922.57 with rising buy volume could offer a solid long opportunity. 🔴 Short Scenario: A breakdown below the current support at $895, accompanied by strong selling pressure, could trigger a valid short setup. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel