Get started

Double Top or Bottom

XAUUSD Short: Rejection From Supply Targets $4,070 Demand LineHello traders! Gold (XAUUSD) is showing signs of a potential corrective move after a strong bullish rally from the $3,950–$3,970 Demand Zone, where multiple fake breakouts confirmed the presence of strong buyers. This area coincides with the ascending Demand Line, which has provided consistent support for price growth. Each touch on this line has led to notable bullish impulses, signaling accumulation and strengthening buyer momentum. Currently, the price approached the $4,140–$4,160 Supply Zone, which aligns with both a Supply Line and the neckline of a previous Double Top pattern. This confluence area represents a critical resistance zone where sellers have historically regained control. The current rejection from this level suggests that a short-term pullback could be underway as the market seeks to retest lower support. I expect the first key area to watch is the $4,070 pivot level, which aligns with the Demand Line. This zone is expected to act as dynamic support for a potential rebound. If price holds above this level, the bullish structure remains valid, with a possible retest of the $4,150–$4,160 Supply Zone. However, a confirmed break below $4,070 could trigger a deeper correction toward the $3,950 Demand Zone, where fresh buying opportunities may emerge. Manage your risk!
FOREXCOM:XAUUSDShort
by heniitrading
11
Bitcoin Falling Wedge Signals Breakout or Breakdown ZoneBitcoin is trading inside a falling wedge, a pattern that traditionally leans bullish when the breakout occurs. At the same time, the price is approaching a historically sensitive region — the 112,000 USD zone, which is acting as the potential Point A (left shoulder zone). If Bitcoin rejects from 112k–113k, this level may complete the left side of a developing head and shoulder formation, especially if the market loses its neckline later. Important Supports to Watch $97,000 → The most crucial support on the daily. $97,500–$98,000 → Double-bottom demand zone. $92,000 → The next major support & unfilled gap region. A clean break below 97k will flip the entire market structure bearish and likely trigger a rapid decline toward 92k, confirming the neckline breakdown of a head and shoulder setup. Bullish Scenario If BTC forms a double bottom around 97.5k–98k, or if it sweeps liquidity and reclaims the level: The falling wedge can break upward. A push toward 112k becomes highly probable next week. A breakout above 113k invalidates the bearish reversal and opens the way for continuation to higher levels. This scenario requires a successful retest of the falling wedge breakout and strong volume.If BTC gets rejected at 112k–113k, and later breaks down below 98k, the chart will complete: A textbook head and shoulder A lost wedge structure Momentum shift from bullish to bearish This breakdown can trigger a high-velocity dump into the 92k gap zone.What Traders Should Focus On 112k–113k → Critical rejection zone to confirm the left shoulder. 97k–98k → Most important support and possible double-bottom area. 92k → Final downside target if BTC loses the neckline. Watch for liquidity sweeps and volume strength to validate direction.Final View Bitcoin is entering a decision phase. The chart is offering both bullish wedge breakout potential and bearish head and shoulder risk, depending on how price reacts at 112k and 97k. This is a position where traders should stay alert and wait for clean confirmation from either the breakout or the breakdown before placing major trades.
BINANCE:BTCUSD.P
by crypto_vulture_signals
USDCAD - Bullish Continuation Using Multiple Forms of DivergenceHere on the USDCAD we have a bullish continuation trade which represents a perfect example of how countertrend & trend continuation trading can be used together. Following a violation of our most recent level of structure price has given us a pullback and a double bottom which I used for my reason for entry into the trade. Other forms of confluence come from psychological numbers, Fibonacci levels & both hidden and regular divergence on the RSI. If you have any questions or comments please leave them below. Akil
Long
by Akil_Stokes
2
EURUSD Long: Bullish Correction Toward 1.16100 ResistanceHello traders! EURUSD is showing signs of recovery after an extended period of bearish movement inside a descending channel, where sellers controlled the market structure. After several failed attempts to break above the upper boundary, the price has formed a Pivot Point near the Demand Zone around 1.15300, a level where buyers have previously shown strong reaction. Currently, a rising Demand Line now supports the bullish correction, helping price break out of the descending channel to the upside. The pair is currently moving toward the Supply Zone located at 1.15900–1.16100, which aligns with a key resistance level that previously triggered reversals.For now, the 1.15300 area remains the critical support for buyers. I expect, holding above this level may allow EURUSD to continue pushing toward the 1.16100 resistance. However, any bearish rejection pattern in the 1.15900–1.16100 zone would signal a potential pullback toward the Demand Line or a retest of 1.15300. On the other hand, a confirmed break and close above 1.16100 would indicate a possible shift toward a medium-term bullish structure. Manage your risk!
Long
by heniitrading
15
S&P 500 Extreme Breadth Reading! Caution!Why It Matters Strong breadth = healthy rally, broad participation → more sustainable trend. Weak breadth = top-heavy rally, fragile momentum → prone to correction. Think of it like an airplane: If all four engines (hundreds of stocks) are pushing, you can climb easily. If one engine (a few mega-caps) is doing all the work, you can stay aloft — but not for long! CAUTION! is in order! Click boost, follow, comment nicely for more authentic, no BS, raw analysis. Let's get to 6,000 followers. ))
AMEX:RSPLong
by RealMacro
25
UK100 DOUBLE TOPHey awesome traders! Hope you’re snagging pips. FTSE just printed a clean Double Top—first peak near 9,790, second swing failed beneath it, and price is hovering under the short EL ~9,739.7. This puts sellers in control if we confirm below the neckline. Key Levels Peaks: 9,788–9,790 Short EL: 9,739.7 Mid level: 9,679.8 (0.5) Neckline / Trendline break: 9,571.2 200-SMA: 9,488.3 Measured move T1: ~9,355.7 Trading Plan Aggressive short: Fade the second top / EL 9,739–9,745 on bearish rejection (engulfing/pin). Stop: above 9,795 (beyond tops). TPs: 9,680 → 9,571 → 9,488 → 9,355. Conservative short (confirmation): Wait for a 4H close below 9,571, then sell the retest as resistance. Invalidation: sustained reclaim back above 9,571, or especially above 9,740–9,790.
CAPITALCOM:UK100Short
by TradeChartPatternsLikeThePros
1
PEPE/USD (2 hour chart Analysis)🟢 PEPE/USD (2-Hour Chart Analysis) PEPE is currently trading around $0.00000620, sitting slightly below its 50-period moving average, which shows that the short-term trend is still under pressure. The RSI on the 2-hour chart is hovering below 50 — meaning momentum remains weak, but not oversold enough to confirm exhaustion. Price has formed a shallow base near the $0.00000590-$0.00000600 zone, an area that also aligns with a small fair value gap (FVG), suggesting it could act as short-term support if buyers step back in. This area will likely determine whether the next move is a bounce or another slide. My bias is mildly bullish, but only if confirmation steps in. If PEPE breaks above the 50-period MA with convincing volume, it could trigger a short-term upside move toward $0.00000640-$0.00000650. However, if the price fails to reclaim that moving average and loses support near $0.00000590, a deeper correction could follow. The best move here is patience — let the market show its hand before reacting. As always, PEPE is a high-volatility meme token, so manage risk wisely and never trade with emotions.
CRYPTO:PEPEUSDLong
by OmeresanMarineTamarapreye