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Candlestick Analysis

From 'pullbacks' to a 'correction' (S&P 500)Setup Still Bullish. Be patient for entry near end of the corrective move lower Evidence.. -Trend is up, no top pattern -No longer 'dips' to 50 DMA, now into a 'correction' with possible move towards 100 DMA -Large bearish engulfing weekly candle -The 4 month old trendline has broken. -RSI has dropped under support - but not yet characteristic of bearish trend by going oversold -Price has landed at a demand zone under 6500 (could rebound from here) Signal Looking to go long on another test of the demand zone OR at next supports found at matching lows of 6350 then 6200
OANDA:SPX500USDLong
by jasperlawler
1
USD/JPY: Bearish Bias Remains Despite 1-Hour Triangle Break RiskA small symmetrical triangle has formed on the 1-hour chart, suggesting an upside break could be pending. However, with the elongated bearish engulfing candle that appeared on Friday after an extended move, I suspect any rally from here may be limited. Bears could look to fade into moves towards the 153 handle and maintain a bearish bias while prices remain beneath Friday’s high. The bias is for an eventual move down to the March high (151.30), near the weekly pivot point (151.14). A break beneath the 150.32 high would imply a deeper retracement for USD/JPY and bring the 150.00 handle and 150.33 high-volume node into focus. Matt Simpson, Market Analyst at City Index and Forex.com.
Short
by City Index
EURNZD – Possible Reversal / Buy SetupPrice is testing the 2.0150–2.0180 support zone, which acted as a strong base in the last impulse. Decreasing volume suggests possible accumulation. A move back toward 2.0250–2.0300 would align with the previous high and volume node. 🎯 Trade Setup Buy Entry: 2.0180 Stop Loss: Below 2.0150 Take Profit: 2.0250 – 2.0300 📈 A clean setup if buyers defend this zone — watch for confirmation before entering. ⚠️ Disclaimer: This analysis is for educational purposes only. Always conduct your own research and manage risk appropriately.
Long
by pipsifii
1
USDT.D Lower High Again — Why I’m Still Bullish on AltsQuick take: the weekly downtrend in USDT dominance is intact. We keep respecting the same descending trendline that starts at the Nov 7, 2022 peak, then tags Sep 11, 2023 → Aug 5, 2024 → Apr 7, 2025 → Oct 6, 2025. Every touch has printed a lower high. Price is still below the weekly 200 EMA (see the thick cyan line on the chart), which keeps the high-timeframe bias pointed down for USDT.D—and by extension, up for BTC/ETH/altcoins, because USDT.D typically moves inversely to the crypto market. The part that matters to me is how liquidity spikes on CRYPTOCAP:USDT.D have behaved. On Aug 5, 2024, we swept the prior highs and then bled lower for roughly ~168 days, about ~45% down from that spike. On Apr 7, 2025, same story: a sharp markup and then a ~36% markdown after the sweep. Today we’ve done it again—another wick into the trendline, another lower high, and we’re still trading under the 200-week EMA. That combo has consistently led to multi-week declines in dominance. Short term, after last Friday’s deleveraging and thin books, I’m not pretending to know every intraday zigzag. But on daily/weekly, the picture hasn’t changed: we cleaned the prior highs, failed at the trendline, and are sitting around the mid-4% zone with momentum fading under the EMAs. My base case is chop under the line and then a push lower toward the ~3% area (marked on the chart). If that plays out, it’s exactly the sort of backdrop that’s fueled alt rallies in the past as stablecoins rotate into risk. What would make me reconsider? A meaningful refill of the wick and acceptance back toward ~5.5% with a weekly close above the trendline and the 200 EMA. Until I see that, I’m treating last week as a de-leveraging spike before higher for crypto broadly, not the end of the cycle. I’ll be watching the next 30 days: hold under the line and roll over, and I like the odds we slide toward 3%—which, historically, has lined up with strong legs up in BTC, ETH, and the better alts.
CRYPTOCAP:USDT.DLong
by Trading_Soldier
ETH 15M Analysis - Key Triggers Ahead | Day 33☃️ Welcome to the cryptos winter , I hope you’ve started your day well. ⏰ We’re analyzing ETH on the 15-Minutes timeframe . 👀 On the 15-minute timeframe for Ethereum, we can see that after an impressive 10% rally, ETH showed one of the strongest recoveries in the market compared to other major coins — managing to climb above $4,100 and form a new trading range early in the week. Currently, Ethereum is consolidating within a range between $4,200 (top) and $4,121 (bottom). A breakout from this range could create either a long or short setup. Keep in mind that following this strong bullish move, trading volume has started to decline inside this range. 🧮 Looking at the RSI oscillator, we can see that after the recent surge, ETH’s momentum is now fluctuating between 43 and 70. A breakout above or below this RSI range would likely increase volatility and accelerate Ethereum’s next move — potentially with fewer candles but stronger momentum. 🕯 The size and volume of recent candles during Ethereum’s rally have been exceptional. Major buyers and institutional players have added substantial ETH positions to their portfolios. The large, high-volume bullish candles leading up to the current range reflect Ethereum’s strong momentum. Now, while the price is oscillating inside the range with reduced volume, a clear volume expansion is expected once the range breaks. 🧠 As Ethereum remains trapped inside this trading range, a breakout will require increased volume and RSI confirmation beyond the defined thresholds. This setup gives us two potential scenarios: ↗️ Long scenario: If Ethereum breaks above $4,200, which acts as a taker-seller resistance, and RSI pushes above 70 (Overbought zone), ETH could launch another bullish leg early in the week — showing an even stronger recovery compared to the rest of the market. 📉 Short scenario: If Ethereum breaks below $4,121, which is a maker-buyer support, and RSI drops under 43 toward the Oversold zone, it could continue its downward correction. However, given ETH’s strong bullish momentum, this bearish scenario would likely require negative market fundamentals to fully play out. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by FireHoseReel
BTC 15M Analysis - Key Triggers Ahead | Day 55☃️ Welcome to the cryptos winter , I hope you’ve started your day well. ⏰ We’re analyzing BTC on the 15-Minutes timeframe . 👀 On the 15-minute timeframe for Bitcoin, we can see that after breaking out and consolidating above the $114,351 zone, BTC began moving upward and is now trading within a 15-minute range. A breakout from this range could trigger the next move. The top of this trading range sits at $115,715 and the bottom at $114,750 — breaking and holding beyond either level could start a strong leg for Bitcoin as the new week begins. 🧮 The RSI oscillator on the 15-minute timeframe shows Bitcoin currently moving within a range capped at 64 on the top and 42 on the bottom. A breakout from this RSI range could significantly increase buying or selling momentum, adding fuel to Bitcoin’s next move. 🕯 The size, volume, and count of green candles have increased since the flash crash, and institutions like BlackRock, World Liberty, and Trump-aligned funds have been averaging solid buy positions. With rising buying volume, Bitcoin could break through its ticker-seller resistance at $115,715 and continue its bullish move following the recent dramatic flash crash. 🔍 Despite concerns like the ongoing U.S.–China economic (tariff) war, the market remains in a risk-off mode on higher timeframes. If entering trades, we aim to manage capital across multiple entries — for example, allocating only 0.25% risk per position or averaging in gradually. 🧠 Two trading scenarios are considered for Bitcoin, both offering clear opportunities for structured entries. ↗️ Long scenario (breakout above the range): If Bitcoin breaks above $115,715 with rising buy volume and RSI crossing above 64, it could initiate another strong bullish leg toward higher resistance levels. 📉 Short scenario (breakdown below the range): If the micro-buyer support at $114,750 — a key demand zone — breaks, Bitcoin may extend its correction downward. This move should coincide with RSI losing the 42 level and increasing sell volume. Note: in short positions, take profits quickly and maintain tight risk-to-reward control. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by FireHoseReel
EURAUD: Another Gap to Trade Today 🇪🇺🇦🇺 EURAUD formed a gap down opening. My signal to buy will be a bullish breakout of a minor intraday horizontal resistance. An hourly candle close above 1.78375 will confirm a violation, a bullish continuation will be expected at least to 1.79 level then. ❤️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.
Long
by VasilyTrader
1
Silver: New ATH, Sharp Pullback, and What Comes NextLast week, something traders had been waiting for finally happened — Silver reached a new all-time high, touching 51.30 before a strong 3,000-pip selloff followed. However, looking closely at the chart, we can see that this decline stopped precisely at the confluence of horizontal support and the ascending channel’s lower boundary — a technical level that often attracts renewed buying interest. In my Friday’s analysis, I mentioned that although Silver looked very strong, traders should watch the ATH zone and the channel’s upper resistance for potential pullbacks. Indeed, XAGUSD reacted exactly from that area and corrected lower. Now, things get very interesting: 1. Strong demand near $50 – Despite the initial drop on Friday, Silver built a solid floor just under the 50 level, suggesting that buyers remain in control and the recent ATH might just be a prelude to new highs. 2. Holding above the median line – The price is hovering around the channel’s midline without testing the lower boundary, a clear sign of underlying strength. 3. Potential pennant formation – Although not perfectly shaped, the price action since Thursday resembles a small pennant, which is typically a continuation pattern in bullish trends. Putting these clues together, the technical picture still favors the upside, with confirmation coming if price sustains above the 50.50–50.70 zone. If that happens, considering Silver’s recent momentum, we could easily see $55 as the next target in the coming week. As long as $49 remains intact, my plan stays simple — buy the dips. 🚀
OANDA:XAGUSDLong
by Mihai_Iacob
12
Bulls Regain Control!Is 4100 the Next Big Target?After touching the 3945-3955 area three times during the week, gold rebounded quickly and showed a clear lower shadow in the candle chart. It also showed an oscillating upward structure in the short-term structure, and formed a secondary springboard in the 3970-3980 area to rise again, and closed above 4010 on Friday. It can be seen that after the gold pullback, the bulls regained dominance and continued the bullish trend. The short-term technical structure is biased towards bulls, the center of gravity is gradually moving up, and the buying support below is strong. I believe that gold still has the potential to continue to rise. The current short-term resistance of gold is in the 3930-3940 area. Once gold breaks through this resistance area, it could retest the previous highs of 3950-3960, or even extend its upward trend to around 4100. So, how do you execute the trade next? I think we can consider going long on gold when it retraces to the 4000-3990 area, initially aiming for a short-term upside target of the 4030-4040 area. Gold is showing renewed bullish momentum as buyers defend the 3970 zone. Could this be the start of another strong rally toward 4100? Follow me for real-time gold insights &to my traders' channel for exclusive setups!
OANDA:XAUUSDLong
by WaveRider_Steffen
XRP 1D Analysis - Key Triggers Ahead☃️ Welcome to the cryptos winter , I hope you’ve started your day well. ⏰ We’re analyzing XRP on the 1-Day timeframe . 👀 On the daily timeframe of Ripple (XRP), we can see that — for this analysis — I decided to share my perspective from left to right across the chart. From mid-May to late June, Ripple was trading below a descending dynamic resistance trendline, which it successfully broke to the upside, rallying from $2 to $3.5. In that area, heavy profit-taking occurred, pushing the price downward. The first major support after that sharp rally was at $2.74. Later, Ripple formed a lower high at $3.23 and a double bottom (equal low) around $2.74, which created a strong static support and positioned the price within the final third of its triangle pattern. It then broke its dynamic trendline resistance again and managed to make a higher high, but this time it failed to show the same sharp bullish momentum. It was quickly rejected from $3.1, which was a taker-seller zone, and pulled back toward its static support. Buyers didn’t allow the key floor to break — they defended the level aggressively, pouring in additional liquidity to keep XRP above support. However, since no major new capital inflow entered the market and Ripple remained compressed within multiple overlapping triangle formations, a new dynamic resistance was formed. Even with intense effort from buyers, that resistance couldn’t be broken, and eventually, Ripple lost its key static support at $2.74 and dropped further. Although this move was technically predictable, the speed and depth of the fall were hard to manage in real time. Now, Ripple is sitting above a strong buyer-maker support zone, and much of the selling volume is being absorbed by buybacks. Retail traders are also accumulating again. The interesting point: Ripple has a critical resistance at $2.58 — if it breaks and holds above this level, it can reignite a bullish move upward. The main resistance zone remains the same old static support area that buyers previously tried hard to protect. Once the $2.74 level is broken back to the upside, Ripple could experience a strong pump. 🧮 On the daily RSI oscillator, Ripple had a very strong static resistance zone around 62, and on its last touch it got heavily rejected, dropping below 50 and 30 without much resistance. Currently, RSI has a support around 26.5 and a key resistance around 40 — these are the main RSI pivot levels. If Ripple’s RSI breaks out of this range, it can trigger higher volatility and momentum aligned with the market direction. 🕯 The recent candle structures — especially the large bearish candle with a long lower wick — caused panic and FOMO among Ripple holders. This led many institutions and big wallets to switch into risk-off mode, dumping their XRP positions and causing a 50% crash within hours. However, Ripple has recovered well, and the last two bullish candles came with solid buying volume, likely supported by the RSI exiting its oversold zone. With continued buying volume and a break above the key taker-seller resistance at $2.58, Ripple could resume its upward movement. 🧠 If we held Ripple — what would we do? Personally, if I owned XRP right now, I’d strictly follow capital and risk management, avoiding emotional decisions driven by fear or greed. Ripple is currently forming a new trading range with tight highs and lows, meaning that breaking either boundary will likely start the next major leg of movement. The upcoming week, especially with the meeting between Trump and the Chinese President, could significantly impact risk markets. So for now, I’d do nothing major — and if I decided to open a position, I’d do it with minimal risk (and yes, I call that “a bad habit” on purpose 🙂). This scenario will be updated with more precision and detail in future analyses. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by FireHoseReel
CAD/JPY GOING LONG! BUT FOR HOW LONG? I want to document this possible direction because from what I am seeing this looks very probable. When it comes to this pair we have seen a great push to the upside that looked very steady until the disaster of 10/10 but I believe we will bounce long! but for how long is the good question, I would pay attention to this pair due to the fact that there is no real impactful news this week for either pair! Meaning some good foundational trades should be possible but again we follow price action and then move a long side! My theory is- Price will push down to .786 or .619 level and then bounce back up for a pullback or correction! (for my ICC) this is where I will be looking to do longs if I see HH N HL on smaller time frames up until critical prices like 108.497 and 108.962 and above! one of these key levels will either hold and push down even further or it will be broken and price will continue! tell me your feed back and thoughts on this trading idea.
Long
by TaYbTrading
SUI 1D Analysis - Key Triggers Ahead☃️ Welcome to the cryptos winter , I hope you’ve started your day well. ⏰ We’re analyzing SUI on the 1-Day timeframe . 👀 On the daily timeframe of the SUI coin, we can see that SUI was moving along a slightly upward curved line, continuously forming higher highs and higher lows. After creating a top around the $4.3 zone, it faced a strong rejection and dropped toward the $3.3 support area. From there, it started forming lower highs and lower lows, practically entering a descending channel. At the third and final lower high, SUI formed a strong daily indecision candle, which broke its multi-timeframe support at the $3.5 zone and continued moving downward. During the historic flash crash night of crypto, SUI opened around $3.4, then plunged to $0.5. Following exchange buybacks and market maker interventions, it made a massive upper shadow wick back toward the $2.6 zone, where it finally closed its daily candle. 🧮 Looking at the RSI oscillator, SUI experienced a heavy rejection from the 57 level, dropping below 50 and moving toward its daily oversold zone. The key RSI levels are currently around 36.5 and 50, with the 36.5 zone acting as the nearest crucial pivot level. A bounce from this region would slightly reduce the fear and FOMO of a deeper drop among traders. 🎮 A Fibonacci retracement drawn from $3.5 down to the market maker support zone at $2.43 reveals several important resistance levels. The 0.618 zone serves as a major resistance level—if this level breaks, it could lead to a higher low formation above $2.5, signaling a potential bullish reversal. The next resistance lies around 0.382, which is currently out of buyers’ immediate reach. 🕯 The recent candle sizes and volumes indicate strong selling pressure and rapid price teleportation downward. Signs of this drop could already be seen through the bearish indecision daily candle, but such an extreme dump couldn’t have been predicted purely by technicals. This crash was largely caused by Chinese fund managers selling their holdings, with large wallets entering risk-off mode, unwilling to take further losses. They, along with the Chinese government, sold off their SUI positions to prevent deeper damage—a case of “prevention is better than cure.” During the recovery phase, exchanges executed significant buybacks, and because the price had fallen to major discounts, many market-making buyers placed strong limit orders at low levels, which helped drive the price back upward. 🪙On the weekly timeframe (SUI/BTC pair), this trading symbol has an extremely critical bottom—losing it could lead to a deep correction that would heavily impact SUI’s core structure. Thanks to buyer support and exchange buybacks, this bottom hasn’t yet been broken in the current weekly candle. There’s also a dynamic resistance trendline pressing down on its relative value; currently, SUI is in the final third of this price compression phase. If this trendline breaks, SUI could gain relative strength against Bitcoin and move upward. 🧠 Currently, SUI sits below its key resistance zone at $2.85. A break and daily close above this level could allow SUI to form a higher low compared to its flash crash bottom, retracing part of the recent drop and providing a better exit opportunity for many holders and traders. This scenario will be updated with more precision and detail in future analyses. ❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
by FireHoseReel
GBPCHF - Waiting for Bearish Wedge to Resolve Strong Level of Support waiting to be broken. Wait for re-test of level and enter on BE or Pin bar Bearish activity - M pattern (Double top) combined with a neckline break Buyside activity on October 1st completely taken out. No historical level for downside target Plan to short @ 1.07000 depending on price action (candlestick rejections) Target = 1.05500 Stop Loss @ prev. daily high can yield a 3:1 R/R, maybe more if momentum kicks in.
Short
by KAS109