Candlestick Analysis
Start shorting gold in a swing trade, target: 3435-3415Gold has just broken through the 3500 level and continued to near 3509. Bullish momentum is strong. Currently, gold has significantly deviated from technical indicators and is driven entirely by market sentiment. However, from a trading perspective, it's difficult to easily find a suitable entry point to participate in a long gold trade.
However, since yesterday's 3480 level, I've been increasing my short positions in gold and planning swing trading. Although there has not been a decent pullback yet, there are still reasons to support my shorting of gold!
1. While prices above 3500 have broken through historical highs, this is still uncharted territory, and bulls may be more cautious and hesitant.
2. Market expectations for a rate cut are currently growing, but after the Fed implements the cut, gold could experience a significant pullback, creating a "buy the expectation, sell the reality" phenomenon.
3. Although sentiment is currently driving the market, and technical indicators are completely distorted, there's still room for a technical pullback once market sentiment returns to rationality.
4. Based on current signs, gold may be accelerating towards its peak.
These are the reasons why I'm continuing to increase my short positions in gold. As a swing trade, while the holding period may be extended, my target for the short position remains firmly in the 3435-3415 range. If gold breaks below this range, the trend could extend to 3400-3390.
Of course, during swing trades, the longer holding period doesn't prevent us from executing short-term, daytime long trades. For short-term, daytime long trades, the current support area worth watching is 3485-3475. We can wait for gold to retrace to this area and then participate in gold long trades.
USDCAD 1H long wachtlistUSDCAD is falling for a while with no significant pullback.
Now it's approaching 2 strong support levels, so I expect a good pullback in that area.
Tomorrow is also CAD high impact news so hopefully it can fuel the drop even more that the RSI get really red oversold. At that point I'm happy to step in with my buy orders :)
My plan is as follows:
- I want to see one sharp drop into the support zone
- At that moment I will place buy orders every 20 - 30 pips
- RSI oversold
Because it's friday possible to carry trade over the weekend
USDJPY – Range Breakout Potential?The summer months can often lead to ranges forming for certain FX markets, as traders take their well-earned breaks and news flow or events lack the impetus to see moves extend in any one direction. That has certainly been the case for USDJPY, which after a brief bout of volatility, when the popular currency pair moved from a low of 145.85 on July 24th to a high of 150.91 on August 1st, has traded in a range between 146.00 and 149.00 for the last 4 weeks.
However, it can also be true that the start of September is a time when FX volatility starts to increase again, with traders back from holidays and ready to put new risk into the market. This can lead to range extremes being tested and, if broken, can see momentum build in the direction of the break, especially if there are specific scheduled data points or events unfolding in real time that traders may want to digest and then react to. Again, in the case of USDJPY there could be some potential for either side of the 146-149 range to be tested in the next 2 weeks.
As an example, traders may be waiting on the outcome of a lawsuit brought by Fed Governor Cook regarding her potential sacking by President Trump. This political challenge to the independence of the Federal Reserve has seen the dollar come under pressure at the end of August. A decision from the presiding judge could come as soon as this afternoon.
Also, important this week could be US employment data, given that Fed Chairman Powell suggested at Jackson Hole that the health of the labour market may now be a greater concern impacting whether the US central bank decides to cut interest rates at their meeting on September 17th. There are 3 US labour market updates to consider this week, starting with the JOLTs Job Openings release at 1500 BST on Wednesday, this is followed by the ADP Private Sector Payrolls update at 1315 BST on Thursday, ending with the pivotal Non-farm Payrolls on Friday at 1330 BST. With traders leaning towards a 25bps (0.25%) cut from the Fed in September, any deviation from market expectations could see outsized moves for USDJPY into the weekend.
When considering trading a range or even trading a potential breakout it can be helpful to consider the technical outlook to support your decision making.
Watching the Sideways Range Build
Since the sharp sell-off on August 1st, USDJPY has entered a choppy sideways phase of price activity, reflecting a more balanced market with no clear dominance from buyers or sellers.
As shown in the chart above, USDJPY remains range-bound between 146.21 (August 14th low) and 148.78 (August 22nd high). While these levels hold on a closing basis, the sideways range may persist for an extended period.
With USDJPY remaining range-bound between 146.21 and 148.78, no conclusive resolution is evident yet, meaning the timing of a breakout is uncertain, but increased volatility during September might well prompt a shift in the balance.
So, let’s consider where the next potential support or resistance levels may stand, if such a test of the range extremes or even a breakout develops
Potential Resistance Levels:
We've identified 148.78 (August 22nd high) as the potential initial resistance focus for USDJPY. A close above this level may lead to a more extended phase of price strength.
A close above 148.78 could shift the outlook for USDJPY towards higher levels. As shown in the chart above, the next resistance might then stand at 149.19 (July 16th high). If this level is also breached on a closing basis, further upside could open scope to 151.66, which is the 61.8% Fibonacci retracement of the 2025 sell-off.
Potential Support Levels:
To the downside, 146.21 (August 14th low) marks the lower boundary of the current range. A close below this level could signal the emergence of further downside momentum.
A close below 146.21 may trigger a more extended phase of weakness in USDJPY, with the next support potentially being seen at 145.35 (50% retracement of the April 22nd to July 16th rally). If this level was to be broken, then a test of 144.06 (61.8% retracement) could be possible if the weakness persists.
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MANA 1D Analysis | Key Triggers Ahead💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing MKR on the 1-Day timeframe timeframe .
👀 On the daily timeframe of MANA, we can see that the coin is inside a compression with a triangle pattern. With the daily candle open, it is moving upward, and the reason for this is the clearing of sellers’ orders. MANA currently has a very important resistance at the $0.2995 area, which is considered a major resistance in the multi-timeframe view.
⚙️ Looking at MANA’s volatility, on the daily timeframe it is positioned above the 50 level and has a key resistance at the 54.25 area. If the oscillator crosses this level, MANA can build a higher low compared to its previous lows.
🕯 The number and size of red candles inside this triangle are much greater than the green ones, and to break out of this pattern and compression, we need more green candles in the multi-timeframe, especially on the 4-hour chart. If you zoom in on the chart, the 4-hour candles and patterns will display more clearly.
💰 On the daily timeframe of MANABTC, we can see that in the past 3 days, its trading volume and volatility have increased. A Fibonacci has been drawn from the breakout area to the corrective bottom, and with a breakout of the 0.38 Fib level, it can once again move upward.
🔔 The alert zones we have considered are the $0.274 area and the $0.3015 area. Based on price action in these zones, we can make the best trading decisions. Note that MANA has an important chart compared to Bitcoin, so be sure to check that chart as well.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
Long Trade
15min TF overview
📘 Trade Journal Entry
Pair: EUR/GBP
Date: Mon 1st Sept 25
Time: 1.15 pm
Session: London PM
Timeframe: 15m
🔹 Trade Details
Direction: Buyside Trade
Entry: 0.86439
Profit Target: 0.86655 (+0.25%)
Stop Loss: 0.86381 (–0.07%)
Risk-Reward Ratio (RR): 3.72
🔹 Technical Context
Market structure shows higher-timeframe liquidity sweeps near London/NY overlap.
TD VWAP (0.86576) and TMA (0.86552) align with the target zone.
Entry positioned at intraday support near session low, rejecting Asian range.
Stop loss tight, just below the intraday order block.
Profit level set just under the prior session high (liquidity pool).
1min TF overview
🔹 Trade Narrative
Price action indicates bullish intent after reclaiming the session VWAP. The setup aligns with London PM continuation play, targeting liquidity above recent highs. Stop placement ensures minimal downside while maximising R: R.
Long trade
15min TF overview
📘 Trade Journal Entry
Pair: USD/CAD
Date/Time: Fri 29 Aug 25 – 11:30 am
Session: New York AM
Timeframe: 1H
Trade Type: Buy-side
📊 Trade Parameters
Entry: 1.37308
Stop Loss: 1.37264 (0.03%)
Take Profit: 1.37721 (0.30%)
Risk/Reward Ratio: 9.79: 1
🕵 Observations
Trade initiated at the discount zone following an extended downside move.
FVG + YDL confluence provided a strong liquidity pool for reversal entry.
Volume divergence supported buy-side intent at session lows.
Entry refined with a tight stop below the accumulation base.
✅ Trade Narrative
Price swept session lows near YDL, rejecting liquidity beneath 1.3726 before bouncing.
Entry executed at 1.37308, targeting intraday liquidity pocket at 1.3772.
Stop was minimal (1.37264), offering a highly asymmetric RR (9.79R).
The setup aligns with Wyckoff-style accumulation and the NY session expansion higher.
5min TF
Long trade
15min TF overview
📘 Trade Journal Entry
Pair: GBP/USD
Date: Sun 31st August 25
Time: 1.00 am
Session: New York AM
Timeframe: 15m
🔹 Trade Details
Direction: Buyside Trade
Entry: 1.35209
Profit Target: 1.35948 (+0.55%)
Stop Loss: 1.35164 (–0.03%)
Risk-Reward Ratio (RR): 18.12
🔹 Technical Context
Entry followed breakout of consolidation range into NY session liquidity run.
VWAP (1.35277) and TMA (1.35253) are confirming a bullish bias.
A stop is placed just below the intraday structural low.
Target aligned with prior liquidity pool around 1.3595 (session high cluster).
Session timing (NY open impulse) reinforced momentum play.
5min TF overview
🔹 Trade Narrative
This setup represents a high R: R execution with a tight stop just below structural protection. The trade capitalises on the NY liquidity grab and bullish order flow continuation. Strong confluence from VWAP/TMA and prior highs provided conviction for holding toward the target.
MKR 1D Analysis | Key Triggers Ahead💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing MKR on the 1-Day timeframe timeframe .
👀 On the daily timeframe of MKR, we can see that after breaking its ascending trendline, the coin was rejected from the top of its box, and the trendline was also broken. Then it moved downward and was supported by buyer makers at the $1480 area, forming a V-pattern. With a breakout of this level, the coin can give us confirmation for the end of its correction.
⚙️ Looking at this coin’s volatility on the daily timeframe, if the oscillator crosses the 50 RSI level, the coin can start a new trend and move upward. Note that in the multi-timeframe from 1 to 4 hours, the coin is currently in its OverBuy zone.
🕯 The size and number of red candles are much greater than the green ones, but if in this leg the coin manages to create a trend reversal, it can close some strong green candles. Keep in mind that most of the large-sized, high-volume candles were recorded after major news releases.
💰 On the daily timeframe of MKRBTC, we can see that it is in a long-term 185-day range box. A breakout from this box could bring a very strong move. For breaking out of this box, we can take futures positions earlier. Breaking the 0.01562 level can serve as confirmation of a trend reversal for this coin against Bitcoin.
🔔 The alert zone we’ve identified is at the $1677 level. With a breakout and consolidation above this zone, the coin can move upward. Be sure to follow today’s U.S. session news, as an important economic announcement will be released that could impact the market.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
ETH 1H Analysis – Key Triggers Ahead | Day 9💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing ETH on the 1-hour timeframe timeframe .
🔭 On the 1-hour timeframe of Ethereum, we can see that after being rejected from the \$4500 alert zone, Ethereum moved downward and formed short-term support at the \$4371 area. If this level is broken, Ethereum could experience a deeper correction in the multi-timeframe view.
⛏ The key RSI levels are at 58 and 39. Once the oscillator crosses these levels, Ethereum can start its move.
💰 The size and number of Ethereum’s red candles are significantly greater than the green ones, and if this support is lost, Ethereum could move further downward into selling pressure.
🪙 On the 1-hour ETHBTC timeframe, we can see that after activating the short alert zone and receiving confirmation for a sell trade, Ethereum is moving downward. It has support at the 0.03996 level, which coincides with the 30 RSI zone or the OverSell boundary.
🔔 The alert zones considered for Ethereum are the \$4371 area and the \$4500 area. Based on price action in these zones, we can find the best trade opportunities. With further decline of ETH against Bitcoin, reduced volatility, and price leaning toward selling, we may see a deeper correction.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
XAUUSD (15M) – Decision Point at Rising Support|BULLS AGAIN BACKFOREXCOM:XAUUSD
Structure | Trend | Key Reaction Zones
Gold moved strongly from an accumulation zone, rallying into channel resistance ~3,508. Now, price is testing rising trendline support + retest zone at 3,490–3,478. This is the immediate decision point.
Market Overview
Momentum remains bullish after the strong breakout, but repeated supply pressure at 3,508 capped upside. Buyers must defend current support levels; otherwise, a breakdown toward lower supports may follow. A bounce here could restore bullish continuation toward fresh highs.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 3,498
🎯 Target 2: 3,508 (channel high)
🎯 Target 3: Extension above 3,520
❌ Bearish Case 📉 →
🎯 Downside Target 1: 3,478
🎯 Downside Target 2: 3,467
🎯 Extended: 3,456
Current Levels to Watch
Resistance 🔴: 3,498 – 3,508
Support 🟢: 3,490 – 3,478 – 3,467
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
Gold near 3500, Who Wins—Bulls or Bears?Today, after gold touched around 3437 during the retracement, it was pushed up to around 3490 again by market sentiment. The bullish momentum was extremely strong and it is currently in a strong bullish trend. According to the current gold trend, there may be room for continuation above. However, in the transaction, I have made it clear that I will no longer aggressively chase the rise of gold!
First, gold has risen sharply under the influence of fundamentals, and it is difficult to follow up in time on the technical level, resulting in a technical pullback demand for gold; in addition, gold has shown obvious signs of acceleration during the rise, and the market often easily has turning points after acceleration, and although gold is in an obvious bullish trend, it is still under considerable pressure before breaking through the previous high of 3500. These are the reasons why I am unwilling to continue chasing the rise in gold. The most important point is that since the market expectations of interest rate cuts have increased, a large amount of buying has appeared to push up gold prices before the Federal Reserve announced the interest rate cut. It is very likely that the phenomenon of "buying expectations and selling facts" will occur.
Therefore, in the current transaction, I do not advocate continuing to chase gold at high levels. On the contrary, in the 3475-3495 area, I will consider creating as many short positions as possible as a swing trade, and be ready to welcome gold to retreat to the 3435-3415 area at any time.
Of course, because swing trading requires a certain period of time, we can still participate in intraday short-term trading during the execution of swing trading, follow the mainstream trend and try to go long on gold with the support area. The support area we must first pay attention to is in the 3460-3450 area. If gold first touches this area during the retracement process, we can consider going long on gold in intraday short-term trading.
CAPITALCOM:GOLD FX:XAUUSD TVC:GOLD FOREXCOM:XAUUSD OANDA:XAUUSD
AUD/USD Watching the Ceiling and FloorThis is just my analysis, not financial advice.
On this 4H AUD/USD chart, I see two important levels:
Ceiling (Red Line – 0.65688): Price is testing this zone. Often, markets slow down or turn here, but sometimes they break through.
Floor (Green Line – 0.64146): If price falls to this area, it has bounced before, so I’m watching it as a possible reaction point.
Right now, price is sitting closer to the ceiling. I’ll be watching to see if it breaks higher or if sellers step in.
I’m not telling anyone what to do—this is just how I see the chart and a simple way to mark levels that matter to me.
Reference means profit, what are you still hesitating about?Gold has continued its strong momentum recently, strengthening for several consecutive days, and the market has fallen into an extreme bull market. After the opening of the Asian session in the morning, bullish momentum was released again, and the price of gold rose and broke through the 3500 mark, setting a new historical high.
The current market has already deviated from technical analysis. Gold has been in an overbought state for many days, and the retracement is very limited. This not only puts huge pressure on those who chase long positions in the market, but is also a torment for traders who have been holding short positions. Even many retail investors have gone bankrupt.
However, under extreme market conditions, Followers received exclusive reminders last night to seize the opportunity to short near 3500, and reduced their positions and exited the market when there was a slight pullback just now. When the market is forced to take losses or is trapped in it, Followers can still maintain good profits.
The current bullish trend is strong, and we cannot rule out the possibility of extreme pull-up and selling in the market. In the short term, we should pay attention to the upper pressure of 3510-3520. If it does not break, gold will have a correction. Pay attention to 3385-3375 below. Operate with caution in extreme market conditions. The recent decline is limited. You can exit the market when you make a profit of $10-20. Only when you have the profit in your pocket can you feel truly at ease.
SWING IDEA - NAVA Nava Ltd , a diversified natural resources and energy company, is showing a promising swing opportunity with a breakout backed by strong technical signals.
Reasons are listed below :
Cup and Handle breakout, a strong bullish continuation pattern
Confirmed bullish price action post breakout
Bullish engulfing candle on the daily timeframe
Volume spike, confirming breakout strength
Trading near its 52-week high, showing momentum
Sustaining above 50 & 200 EMA on the daily chart
Target - 750 // 810
Stop loss - daily close below 645
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