HUBS falls on high volume within descending wedgeHUBS falls on high volume within descending wedge. Looking for a breakout.
Chart Patterns
I called silver at $30, now its heading toward $50I said silver would be worth $30/oz in February 2022. Now, its almost to $50. But RSI is very overbought, so caution is warranted.
$OSCR Gap filled and bull flag retest in developmentThe gap has been filled, it appears that a minor bull flag is being retested
$HYPE (4-HOUR): BEARISH GARTLEY harmonic pattern, LONG set-upGETTEX:HYPE LONG set-up looks great on the 12-HOUR chart, but the 4-HOUR has been flashing a huge RED FLAG in a form of BEARISH GARTLEY harmonic pattern.
Rejection at $40.8 has completed the formation of this high-percentage (70%) pattern, and I never go against these, most of the times they signal a trap.
So, basically the GARTLEY's right 'shoulder top' is called PRZ (Potential REVERSAL Zone) and we should monitor for continuation down or an invalidation attempt, candle closes above the PRZ ($40.8). $40 is also a major horizontal support/resistance pivot level.
Additionally, we are dealing with a confluence of two falling resistances (green 200 MA at $42.85 plus a FALLING trendline from the ATH). Both of these resistances must be reclaimed to FULLY invalidate the GARTLEY and trigger my LONG.
That's the set-up, the 12-HOUR already BULLISH just waiting for #HYPE to show BULLISHNESS on the 4-HOUR, volumes and strong candles a MUST here.
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Parkin (DFM) – Possible Reversal + Positive Earnings Momentum!Greetings Traders,
The Parkin (DFM) chart is showing signs of a potential reversal setup following an extended downtrend. Let’s break it down:
Key Observations:
A bullish divergence is forming on the RSI, hinting at a possible trend shift.
Price is consolidating near recent lows, forming a falling wedge pattern.
Upcoming earnings are estimated to be positive, which could fuel upside momentum.
A breakout with strong volume above AED 5.70 could confirm the trend reversal.
Take Profit zones: AED 6.15 and AED 6.60.
Stop Loss: around AED 5.25 to manage downside risk.
💡 Strategy: Wait for breakout confirmation supported by volume and earnings results. Enter cautiously and manage positions with defined stop losses.
Happy Trading & Stay Disciplined!
AUDCAD double top pattern -box pattern consolidation short AUDCAD day candle stern formed the double top pattern and now price looks to be consolidating in a box and less chances to go up and price may further go down . Let us see how it plays out
FETUSDT UPDATE#FET
UPDATE
FET Technical Setup
Pattern: Bullish Falling Wedge
Current Price: $0.037
Target Price: $0.057
Target % Gain: 60.80%
NYSE:FET is breaking out of a bullish falling wedge pattern on the 1D timeframe. Current price is $0.037 with a target near $0.057, showing about 60% potential upside. The breakout indicates renewed bullish strength with the potential for continued upward movement.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
NEARUSDT UPDATE #NEAR
UPDATE
NEAR Technical Setup
Pattern: Bullish Falling Wedge
Current Price: $0.037
Target Price: $0.057
Target % Gain: 30.20%
CBOE:NEAR is breaking out of a bullish falling wedge pattern on the 1D timeframe. Current price is $0.037 with a target near $0.057, showing about 30% potential upside. The breakout highlights renewed bullish momentum and a structure that supports a possible continuation to the upside.
Time Frame: 1D
Risk Management Tip: Always use proper risk management.
USDCAD SellAs long as there is no 4-hour candle close above the supply zone, I anticipate the price will move to mitigate the demand zone, targeting approximately $1.394.
BNF to fill the GAP or retest 20 DEMA if not sustained higher!This scenario involves a temporary pullback, which is normal after a sharp rally.
Scenario A: Filling the Gap: The price drops to fill the recent price gap created during the ascent.
Support Target: The Lower edge of the gap area. Once filled, the market may resume its upward trajectory.
Scenario B: Retest the 20 DEMA: The selling pressure is strong enough to push the price down to retest the 20 DEMA (56,730.55).
Key Level: If the 20 DEMA holds, it would be a healthy correction and a high-probability buying opportunity to resume the rally.
Risk: A decisive break below the 20 DEMA would signal a deeper correction, potentially towards the neckline of the Inverse H&S or the next significant support, which could be the 200 DEMA (54,287.85)—though this seems less likely in the immediate term without a strong catalyst.
The scenarios are probable if the levels are not sustained higher and any close above 58200 would negate this view.
Multiply Group (ADX) – Bearish Divergence Ahead, Stay Cautious!Greetings Traders,
A bearish divergence has appeared on the Multiply (ADX) daily chart — time to stay alert!
Key Observations:
RSI shows a bearish divergence, signaling possible short-term weakness.
High volumes recently indicate strong participation — a good sign for future momentum.
Price action may move sideways, consolidate, or even push slightly higher before a decisive move.
The buy zone is above the last higher-high (≈ AED 3.45) with confirmation from strong volume.
Stop Loss: around AED 2.75 (below last low).
Take Profit: near AED 4.15, aligning with the upper target projection.
💡 Strategy: Wait and observe the divergence play out. Enter only on confirmed breakout with volume confirmation. Manage risk with tight stop-loss levels.
Happy Trading & Stay Disciplined!
SHELLUSDT Forming Falling WedgeSHELLUSDT is currently forming a falling wedge pattern, a classic bullish reversal structure that often signals the end of a downtrend and the beginning of a new upward move. This technical setup reflects a period of market compression where selling pressure weakens while buyers gradually gain strength. As the price tightens near the wedge’s apex, traders are anticipating a breakout that could mark the start of a significant bullish trend in the coming days.
The trading volume remains strong, indicating active participation and growing interest among traders and investors. A volume surge accompanying a breakout from this pattern would be a powerful confirmation of bullish momentum. With an expected gain of around 140% to 150%+, SHELLUSDT is attracting attention as a high-potential opportunity in the altcoin market. The technical structure aligns well with broader market sentiment, hinting at possible price acceleration once resistance levels are breached.
Investors are showing renewed confidence in SHELL’s fundamentals and market positioning, further supporting the technical outlook. As accumulation continues and confidence builds, SHELLUSDT could experience a strong rally phase, potentially outperforming many peers in the near term. The combination of bullish pattern formation, healthy volume, and investor interest positions SHELLUSDT as one to watch for traders looking for dynamic breakout opportunities.
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POTEND LONG TERM SELL OF EURCADIf my trendline analysis hold, EURCAD might have just begone a downtrend. Market must lead and we follow
$VELO critical threshold | Either turn or fall The VELO chart has completed a retest after a classic Bearish Rising Wedge breakout.
It's currently heading directly towards the demand zone.
A strong reaction from here could lead to a return to the wedge; otherwise, a major decline could open the door.
Nzdcad bearish flag pattern shortAfter today’s candle analysis it’s pretty clear the existence of resistance at 0.808 and now almost triple pattern formed price likely will go down as s far the flag pattern .
Fib Extension ZoneMarkets are still climbing, stocks only go up blah blah blah... I believe a proper correction is well overdue. That little pullback we had was nothing and just the beginning to whats to come.
price is bouncing off both my transparent line and my parallel trend line that being respected so far.
Price has finally reached my Fib Extension Zone. I will be WATCHING for a correction to begin from this point on... if you haven't locked in any profits yet. my opinion, you should... not all, but something.
If price continue to rise. I will continue to dollar cost.
Hope is helps and God Bless....
Gold is unlikely to rebound significantly in the short term：
I. Core Logic Analysis
Current Market Drivers
Bearish Factors:
Progress in Ukraine peace talks cools risk aversion sentiment.
Profit-taking and technical correction triggered by the previous rapid price increase.
Exchanges raising margin requirements, forcing some positions to liquidate.
Strengthening US Dollar Index, putting pressure on dollar-denominated gold.
Bullish Factors:
Underlying support remains from expectations of Fed rate cuts.
The trend of global central bank gold buying continues (against the backdrop of de-dollarization).
Long-term macroeconomic risks persist, solidifying gold's value as a safe-haven asset.
Key Technical Signals
Daily Chart: Tuesday's large bearish candlestick engulfed the previous day's gains; the 5-day moving average has turned downward, indicating short-term weakness. However, Wednesday's long lower shadow shows buying support exists below.
4-Hour Chart: A "bullish engulfing" pattern formed, but the price remains in a 4000-4160 range consolidation. A breakout from this range is needed to determine the direction.
1-Hour Chart: Moving averages are converging; MACD shows a golden cross but with limited momentum, suggesting the rebound is a technical correction rather than a trend reversal.
II. Long-Short Battle and Operational Approach
Short-Term Positioning:
Entering a period of consolidation and repair after the sharp drop; low probability of a unilateral trend, but volatility remains high (potentially 100$-300$ intraday).
Main Strategy: Buy low and sell high within the range, focusing particularly on the momentum rhythm on the minute chart (30-minute) to avoid holding positions against the trend.
Key Price Levels:
Resistance Zone: 4160-4185 (yesterday's high + previous high pressure on the 1-hour chart)
Support Zone: 4010-4005 (integer psychological level + buffer zone near Tuesday's low)
Strong Support: 3950 (potential extension target if 4050 breaks)
III. Specific Trading Strategies
Short Position Setup (Primary)
Entry Zone: 4145-4155
Stop Loss: Above 4165 (to guard against false breakouts)
Targets: 4100 → 4080 → 4050
Signal Confirmation: Look for signs like shrinking volume stagnation or small bearish candlesticks showing pressure after a rebound into the resistance zone.
Long Position Setup (Secondary)
Entry Zone: 4040-4050
Stop Loss: Below 4035
Targets: 4090 → 4130
Important Notes: Consider partial profit-taking near the 4000 integer psychological level; avoid blindly chasing the downside.
IV. Risk Control Reminders
Position Management: Single position ≤ 5% of capital; Total exposure ≤ 15%.
Stop-Loss Discipline: Set strict stop-losses; avoid holding losing positions (increased volatility raises liquidation risk).
Pacing: Prioritize tracking 30-minute momentum for entry, following the trend (avoid entering limit orders against the trend).
Summary: Gold is in a phase of short-term consolidation amidst a long-term bullish outlook. Intraday strategy favors buying low and selling high within the 4160-4010 range. Follow the trend after a confirmed breakout from this range.
ADIB Stock Analysis – Converging Triangle in Focus!Greetings Traders,
Today, we’re taking a closer look at ADIB (Abu Dhabi Islamic Bank) — an interesting setup forming on the chart!
Key Highlights:
Fundamentally strong: ADIB continues to deliver solid YoY earnings growth.
Bearish divergence was observed earlier, leading to strong selling pressure, followed by the formation of a converging triangle pattern.
This triangle appears to represent a corrective phase after a prolonged bullish rally.
The stock recently announced positive earnings results, reinforcing the underlying strength.
Considering the technical and fundamental setup, a bullish breakout from the triangle looks probable.
Trading Plan: Wait for a confirmed breakout above the upper trendline before entering a cautious long position. Traders can take a risky position after break-out of triangle. And for Cautious traders wait for the breakout from the upper tip of the triangle.
Stop Loss: Below the recent swing low.
Keep an eye on volume during the breakout — confirmation is key.
Happy Trading & Stay Disciplined!
Possible long positionthis is what expected for XAGUSD.A possible long position with marked target( blue lines).
$RMBS out of a wedge patternNASDAQ:RMBS same pattern as $CRDO. My only concern is the earnings next week. Other than that NASDAQ:RMBS is a buy. Also has highest IBD composite rating of 99.
Could FFAI be setting up for another run? NASDAQ:FFAI
The weekly over the last year or so seems to be potentially forming an inverted head and shoulders, and if you go to the daily, the second shoulder itself seems to be forming one. It’s also holding above the .786 of a vwap drawn from its high volume candle (December I believe) of last year. If it recovers the 200 MA, I think it’s going to go. I will likely wait for confirmation before entering, a close above the daily neckline for short term, then the weekly neckline should it play out.
If you see any speed bumps, or just plain disagree with my analysis, please comment. As always, I want to be right either way my money, not my ego.
EURGBP: Bearish Forecast & Outlook
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURGBP pair which is likely to be pushed down by the bears so we will sell!
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WATCH THE DATE AUGUST 2026Watching this date beqause of hitting the upper neckline and retesting the upper triangle, could se a potential -20% on the BTC chart and then moving to the moon within a year to 0.001 BTC
