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Chart Patterns

Is the psychedelic sector losing steam?Watching the charts daily for the last few months and I'm starting to see sign of bulls getting tired, little signs that tell me "ok this is different" than it has been over the last few months. I would not be surprised to see some deeper consolidations of 30% or more, but I also would not be surprised to see continuation higher from here either. Here's what I'm watching in the short term in order to gauge which is the most likely scenario.
AMEX:CYBN
by McGuireTO
ORB = Opening Range BreakoutThe Opening Range = the price high and low set during a fixed starting window of a trading session (for example, the first 15 or 30 minutes after market open). ORB High = the highest price reached in that window. ORB Low = the lowest price reached in that window. These two levels create the ORB box. 🔹 How It Works Draw the Box Mark the high and low of your chosen opening range (e.g., 9:30–10:00 AM NY time). Wait for Breakout If price breaks above the ORB high, you look for a long entry. If price breaks below the ORB low, you look for a short entry. Confirm with Trend Always check the higher timeframe bias (Buyers 🟢 / Sellers 🔴 / Neutral ⚪). Only take the breakout in the direction of the market bias for higher probability. 🔹 Trade Management Entry: On candle close outside the ORB box (not just a wick). Stop Loss: Inside the box, typically just beyond the opposite side. Take Profit: 1:1, 2:1 R:R, or next support/resistance level. No Trade: If price chops around inside the box without clear breakout. 🔹 Why Traders Use ORB It captures early session volatility. Gives defined risk with the box. Works across assets (XAU/USD, FX pairs, indices, even stocks). 👉 In short: Box = Balance. Break = Imbalance. Trade the break with the trend, not against it.
OANDA:XAUUSD
by ChartGeq
Gold Futures – Momentum Strong but Eyes on Jobs DataPrice pushed extremely bullish yesterday, with little chance for pullbacks. I admittedly got stopped out a few times from reacting too quickly to impulses, so today I’m focused on patience and waiting for confirmation. Currently, Gold is holding above recent levels after breaking higher. There’s still a clean 4H/8H FVG below that price could revisit, but as long as momentum stays intact, buyers remain in control. ⚠️ Important: Tomorrow brings ADP Non-Farm Employment, Jobless Claims, and ISM Services PMI — all of which could drive volatility. Friday is the heavyweight NFP release. Until then, we may see liquidity hunts or choppy price action. Scenarios I’m watching: ✅ Bullish continuation toward new highs if support holds. 🔄 Deeper pullback into the FVG if momentum stalls. Staying patient, letting the market show its hand, and keeping risk tight ahead of news.
COMEX_MINI:MGC1!Long
by DWoodz
Day 22 — Trading Only S&P Futures & Market analysisWelcome to Day 22 of Trading Only S&P Futures! Today I kept things simple — waited for the 10am JOLTS report to set direction and only got long after we held the 1-min MOB. Even then, I stayed cautious since price was still under 6465 resistance. I focused on gamma levels, which played out clean on both the buy and sell side. The only real slip-up was a FOMO long, and that reminded me of an important rule: I should only size up when I’ve got 2+ confirmations. If I take a trade with less, it needs to be 1 contract only — risk management first. Closed the session with +256.25, ending the day disciplined and green. 📰 News Highlights U.S. JULY JOLTS JOB OPENINGS FALL TO 7.181M (EST. 7.380M, PREV. 7.357M) — LOWEST SINCE MARCH 2021 🔑 Key Levels for Tomorrow Above 6470 = Flip Bullish Below 6450 = Remain Bearish
CME_MINI:ES1!
by DiYWALLST
ict conceptsTrading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
FOREXCOM:NAS100Short
by SiyaVK
S&P500: Short-Term Pullback Before Next RallyS&P futures initially slipped yesterday but managed to stabilize soon. Our primary outlook is that the ongoing turquoise wave B will continue to move higher, likely topping out just below resistance at 6,675 points. After that, we expect wave C to drive the index directly into the magenta long Target Zone between 6,082 and 5,650 points, where the low of the wave (4) correction should be established. From there, the impulsive wave (5) is expected to begin, pushing the index above the 6,675 points resistance and completing the broader blue wave (III). Alternatively, there is a 35% chance that the index could break out directly above 6,675 points without first reaching the magenta Target Zone. In this scenario, the index would already be forming the alternative wave alt.(5) in magenta.
CME_MINI:ES1!Short
by MarketIntel
4
BANUSDT CHART ANALYSİSHOW DO CRYPTO WALLETS WORK? When someone sends Bitcoin, Ethereum, Dogecoin, or any other type of digital currency to your crypto wallet, you are not actually transferring any coins. What they are doing is signing off ownership thereof to your wallet’s address. That is to say, they are confirming that the crypto on the blockchain no longer belongs to their address but yours. Two digital codes are necessary for this process: a public key and a private key. A public key is a string of letters and numbers automatically generated by the crypto wallet provider. For example, a public key could look like this: B1Robo539i7L822can5oY5xgV614. A private key is another string of numbers and letters but one that only the owner of the wallet should know.
by EngineeringRobo
1
The Four Different Sideways TrendsIn the modern Market Structure, stocks, indexes and industry indexes move sideways or trend moving horizontally most of the time. Understanding this phenomenon and how to use it to your advantage is important to learn. There are 4 different types of price moving sideways: 1. The consolidation is a very narrow price range, often less than 5% but can be wider. The consolidation trend usually lasts a few days to a few weeks. The price action is very tight and small. Pro traders dominate consolidations usually. Price pings between a narrow price range low and high. Price is a penny spread or few pennies at most. This means the candlesticks are very very small and tightly compacted. Consolidations are relatively easy to identify on a stock chart. These pattern create a liquidity shift which an HFT AI algo discovers and triggers its automated orders to drive price up or down based on the positions the pro traders are holding. Consolidations create fast paced momentum and velocity runs that you can take advantage of IF you learn to enter the position BEFORE HFTs and then the smaller funds, retail day traders and gamblers drive price upward. You and pro traders ride the run until you see a Pro trader exit candle pattern to close the position. 2. The Platform Position sideways trend is also very precise with consistent highs and lows. These are the realm of the Dark Pools hidden accumulation and if you are trying to day trade a platform then it will whipsaw and cause losses. The width is too narrow for day trading. The platform is about 10% of the price in width. Platforms form after a market has had a correction and numerous stocks are building bottoms. Once the bottom completes and the Dark Pools recognize that the stock price is below fundamental levels the Dark Pool raise their buy zone price range to a new level. Often HFTs gap up a stock and then Dark Pools resume their hidden accumulation at that higher level. The goal is to enter just before the HFT gap up to the new fundamental level for swing or day trading. Platforms offer low risk and the position can be held for weeks or months generating excellent income with minimal time for busy trades who do not have the time to swing trade. Platforms are also good for swing traders if they time their entry correctly. 3. Sideways trends are a mix of retail investors and retail day traders, smaller funds managers and sometimes Dark Pools hidden within the wider sideways trend. These trends with the wider mix of market participants have inconsistent highs and lows which often times causes retail day traders losses as they do not understand the dynamics of the wide sideways trend. These sideways trends are more than 10% and as wide as 20% of the stock price. 4. The Trading Range is the hardest to trade and often causes the most losses as frequently the trading range is so wide it is not easily recognized on the daily charts but is visible and obvious on a weekly chart. The inconsistent highs and lows within the very wide trading range cause problems and losses for most day and swing retail traders. The size differential of each sideways trend tells you WHO is in control of price and how to trade it for maximum profits, lower risk, and to make trading fun rather than harder.
BCBA:SPYEducation
by MarthaStokesCMT-TechniTrader
1
BITCOIN PREDICTION: WHY IS NOBODY TALKING ABOUT THIS!!?(warning)Yello Paradisers! In this video, we are again, as professional traders, analyzing the multi-time frame context of the market. On an ultra-high time frame, we are seeing the medium moving average touch. We are also discussing the possible channel retest, plus I'm sharing with you the bearish cross and bearish divergence. On the high time frame chart, we are having the zigzag finished, probably with the highest probability. The first ultra-high time frame wave is starting, that is the question of this video, which we are answering, and we are seeing the bullish divergence. On the medium timeframe, we are seeing that as we are touching the resistance, the volume is dropping, which is a bearish sign. We are seeing two bearish divergences on RSI and MACD histogram, and with the highest probability, we are finishing the first wave. On the low timeframe chart, I'm discussing the ending diagonal with you, and I forgot to tell you about this, but we are also having a bearish cross there. Paradisers! Keep in mind to trade only with a proper professional trading strategy. Wait for confirmations. Play with tactics. This is the only way you can be long-term profitable. Remember, don’t trade without confirmations. Wait for them before creating a trade. Be disciplined, patient, and emotionally controlled. Only trade the highest probability setups with the greatest risk to reward ratio. This will ensure that you become a long-term profitable professional trader. Don't be a gambler. Don't try to get rich quick. Make sure that your trading is professionally based on proper strategies and trade tactics.
Short
by MyCryptoParadise
8
GOLD: RSI WEAKNESS – Potential Reversal IncomingFX:XAUUSD Gold has enjoyed a strong bullish rally since Jerome Powell’s dovish stance and hints at a possible rate cut. However, after breaking out of the long-term ascending triangle, we’re now spotting RSI weakness on H1 and H4, signaling potential bearish divergence and a trend reversal setup. In this video, I break down: ✅ Why RSI is flashing weakness ✅ Key levels to watch for confirmation ✅ My ideal breakout entry below 3515 ✅ Risk management tips for this setup Don’t jump in too early! Wait for the next 4H candle close and proper formation before execution. 📊 Stay tuned, this could be a high-probability trade if the reversal confirms.
FX:XAUUSDShort
by niclaxfx