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M-pattern

EURUSD - Moving towards the upper boundary in the rising channelSince reaching its recent low on August 1st, EUR/USD has been moving within a clear and consistent rising channel on the 4-hour chart. This upward structure has been well respected, with price action repeatedly reacting to both the upper resistance and lower support boundaries. The overall trajectory suggests that buyers have been steadily in control, but current market positioning shows the pair approaching a significant area that could determine the next directional move. Rising channel On the 4-hour timeframe, EUR/USD continues to trade inside this well-defined rising channel, with the slope indicating a healthy bullish trend. The price has been making higher highs and higher lows, consistently respecting the boundaries of the channel. At present, EUR/USD is hovering near the midline of this structure, which often acts as a pivot area where momentum can either accelerate toward the channel top or retrace toward its base. 4H FVG resistance Currently, EUR/USD is facing a strong 4-hour Fair Value Gap (FVG) resistance zone, positioned around the 1.1720–1.1750 region. This supply area is from a sharp sell-off from late July and may act as a significant hurdle for buyers. If this resistance holds, price could be pushed back down toward the lower boundary of the rising channel, possibly testing the 1.1620–1.1650 area. However, if EUR/USD manages to decisively break above this 4H FVG, it would open the door for a continuation toward the upper channel trendline, which currently lies near the 1.1850 level. Bullish support on the rising channel Should the 4H bearish FVG remain unbroken, the lower boundary of the rising channel becomes an important support to watch. A pullback toward this zone could provide buyers with a favorable opportunity to re-enter the market. A strong bounce from this support would reinforce the bullish structure and potentially set the stage for another attempt to breach the resistance area, with the aim of resuming the climb toward the channel’s upper limits. Final thoughts EUR/USD is in a critical position within its well-structured rising channel. The outcome at the current 4H FVG resistance will likely dictate the next swing. A break above could fuel a run toward the upper channel boundary near 1.1850, while rejection here may see a retracement to the lower channel support before another push higher. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
Long
by Youriverse
42
Bullish pennant forming on 1hr?ETH/USD appears to be forming a bullish pennant on the 1H chart following a strong impulsive run from $4,290.64 to $4,518.60. The consolidation is converging toward the apex with declining volume, consistent with continuation pattern behavior. Breakout Projection : Pole height : $227.96 Estimated breakout point : ~$4,622 Target : ~$4,842 Invalidation : Breakdown below the lower pennant trendline with strong volume before breakout would invalidate the bullish pennant thesis. This is not financial advice. It is merely an observation of an optimistic apparent pattern formation. Always do your own research and assess your own risk tolerance before making any trades.
COINBASE:ETHUSDLong
by jsd303
1
Mastering bearish candlestick patterns - How to use it!Bearish candlestick patterns are a cornerstone of technical analysis, relied upon by traders across financial markets to assess the likelihood of price reversals or continued downward trends. At their core, these patterns are visual representations of shifts in market sentiment, formed by the open, high, low, and close prices over one or several trading sessions. When recognized accurately and interpreted in context, bearish candlestick setups can alert market participants to the fading strength of buyers and the increasing presence of sellers, which often precedes downward price movements. Expanding on this, a comprehensive understanding of each pattern’s nuances, psychological underpinnings, and optimal trading applications can significantly enhance a trader’s analytical toolkit. What will be discussed? - What is a shooting star? - What is a hanging man? - What is a gravestone dojo? - What is an evening star? - What are the three black crows? - How to trade the bearish candlestick patterns? Shooting star The shooting star pattern stands as a prominent candlestick configuration foreshadowing potential bearish reversals after an uptrend. This single-candle pattern is distinguished by a small real body situated near the lower end of the price range, a long upper shadow that is at least twice the length of the body, and little to no lower shadow. The psychological narrative implied by the shooting star is compelling: buyers initially control the session, pushing prices sharply higher, but by the close, sellers have overwhelmed this optimism, pulling the price back down to near or below the opening point. This abrupt shift in control suggests that the bullish momentum is waning, priming the market for a price correction or reversal. Hanging man The hanging man, while visually similar to the hammer pattern of bullish reversals, is distinctly bearish because of its position at the top of an established uptrend. This single-candle pattern features a small body at the upper part of the trading range and a markedly long lower shadow, again with minimal or absent upper shadow. During the session, substantial selling pressure drives prices down, accounting for the extended lower shadow, yet buyers temporarily regain some control, recovering much of the loss by the close. Despite this late-session recovery, the appearance of the hanging man warns traders that sellers are growing more aggressive – especially if the next candle confirms the weakness with a lower close. Gravestone doji A classic and somewhat ominous formation, the gravestone doji is a specialized form of doji candlestick that carries even greater weight when it appears after a rising market. Here, the open, close, and low are all clustered near the session’s low, forming a long upper shadow with no lower shadow. This structure vividly illustrates a dramatic shift in sentiment: buyers propel prices higher during the session, only to be met by intense selling which pushes prices back to the opening level by the close. This failed rally, marked by the upper wick, reflects the exhaustion of buying interest and the potential onset of bearish dominance. Bearish engulfing Turning to multi-candle setups, the bearish engulfing pattern is a powerful, two-bar reversal pattern. The initial candle is bullish and typically a continuation of the prevailing uptrend, but the second candle is bearish and must open above and close below the body of the first candle, “engulfing” it completely. The transition from a relatively small upward move to a much larger downward move highlights a rapid escalation in sell-side enthusiasm. Importantly, the larger the second candle and the greater the volume accompanying it, the more reliable the signal. Evening star The evening star expands the analysis further into a three-candlestick formation, representing a storyline of shifting market dynamics. The pattern commences with a long bullish candle, followed by an indecisive small candle (the star) that gaps above the previous close, and concludes with a large bearish candle that closes deep into the first candle’s body. The evening star is especially meaningful because it narrates a transition from bullish exhaustion to bearish control over three sessions, making it a robust signal of a pending trend reversal. The reliability of the evening star increases if the bearish candle is accompanied by high volume, confirming a surge in selling pressure. Three black crows Among the most striking bearish signals is the three black crows pattern. It comprises three consecutive large bearish candles, each opening within the body of the previous candle and closing successively lower. This pattern demonstrates relentless selling over several sessions, erasing prior gains and indicating that bearish sentiment is in full swing. Collectively, the three black crows can shift market psychology significantly when they appear after a lengthy uptrend, especially if accompanied by increased trading volume. How to trade the bearish candlestick patterns? Effectively using bearish candlestick patterns in a trading strategy requires more than mere recognition of shapes. The context in which these patterns emerge matters greatly; traders should analyze preceding price action, the scope of the trend, and any converging signals from other technical tools such as momentum oscillators or volume indicators. Confirmation is a best practice, waiting for a subsequent session that continues in the bearish direction can filter out false signals and decrease the chances of whipsaw trades. In practice, traders may use these patterns to identify short-selling opportunities, define entry and exit points, or adjust stop-loss levels to protect profits as a trend appears to reverse. Risk management is crucial, as no pattern is infallible. Position sizing, stop-loss placement, and ongoing evaluation of the broader market environment all contribute to the prudent use of candlestick analysis. By integrating these patterns into a comprehensive market analysis framework, traders are better positioned to interpret crowd psychology, anticipate significant reversals, and navigate the complexities of price movement with a higher degree of confidence and skill. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
TRADENATION:BTCUSDEducation
by Youriverse
52
Glitters of Gold - Looks like Morning Star and Bullish Flag Disclaimer : Do your own research before investing. This is just a chart analysis. No recommendation to buy and sell. With the up and down of stock market, there is always a safe investment place and its shine increase as the time passes with the increase in price, yes its GOLD. Everyone love it. if you look at gold from last couple of years, there is continuous growth in this metal. while doing my chart analysis i found gold charts are quite interesting. Gold is currently trading in range and formation of 2 patterns can be seen in the daily chart with my support and resistance level marked in CHART. For some its investment and for some its trading however my recommendation is always do some SIP in GOLD. Happy Investing.
CAPITALCOM:GOLDLong
by CandleQuest
4
INJUSDT Daily Chart Analysis | Uptrend Brewing at Crucial LevelINJUSDT Daily Chart Analysis | Uptrend Brewing at Crucial Resistance 🔍 Let’s break down the INJ/USDT setup, examining its technical structure and mapping out key opportunities as it gears up for a decisive move. ⏳ Daily Overview The INJUSDT pair is forming a solid bullish structure, supported by a clear ascending triangle pattern on the daily timeframe. Notably, the 3SMA (7, 25, 99) are crossing to the upside, signaling the early stage of a potential upward trend. This momentum is reinforced by the ascending triangle’s rising trendline, showing steady accumulation and higher lows. 🔺 Bullish Scenario: Price is consolidating just below the critical resistance at $15.340—a key zone highlighted by multiple rejections in recent months. A confirmed breakout above this level, especially if backed by a surge in volume, would not only trigger a triangle breakout but also complete the weekly candle formation as a bullish hammer, strengthening the bullish case. If this breakout sustains, short-term targets line up at $20.290, with the long-term roadmap pointing toward $33.970. 📊 Key Highlights: - 3SMA (7, 25, 99) MA cross signals the beginning of an upward trend. - Daily ascending triangle points to persistent bullish pressure. - $15.340 remains a crucial resistance; price has tested and failed here twice before. - Breakout confirmation (with volume) could ignite a rapid move to $20.290. - Failure to break may result in another retest of the triangle’s trendline support. 🚨 Conclusion: All eyes are on the $15.340 resistance. Wait for clear daily close and volume confirmation before entering. A successful breakout aligns with a bullish weekly hammer and could trigger the next phase higher. Beware of fakeouts, as rejection at resistance could send INJUSDT to retest lower trendline zones. Stay sharp and plan your entries wisely!
Long
by AtresCryptoAcademy
Bullish Breakout Watch on Inverted Head & ShouldersSteel Dynamics ( NASDAQ:STLD ) is consolidating on the daily chart but forming an inverted head and shoulders (IHS) pattern, signaling potential bullish reversal. Neutral until breakout above 140 pivot, but bias leans bullish with supportive steel fundamentals. Long idea on confirmation; current price ~132-135 (as of July 23, 2025). Upside targets offer strong risk-reward if triggered. Thought Process Walkthrough: Spotting the Setup: Scanned steel stocks amid sector rebound signals. STLD's daily chart shows a downtrend bottoming at 107, forming IHS: head at 107 support, shoulders higher, neckline ~140. Overlaid rectangular consolidation (107-151.5) adds confluence for breakout potential. Technical Tools: Used trendlines (descending from highs, capping at 140-151.5), pivot points (140 key reaction level), and classic patterns. No indicators needed—price action clear: volume up on rallies, RSI neutral ~50. IHS target: measure 33-point head-to-neck, add to breakout → ~173 (adjusted to 185 for prior highs). Rectangular height ~44 points → 208 target. Key Levels: Support: 107 (IHS head, historical low—break invalidates bull case). Resistance: 151.5 (rectangular top, past peaks—break above 155 confirms momentum). These are significant due to repeated price reactions, providing high-probability zones. Prediction: Consolidation now, but bullish breakout likely if 140 clears on volume, driven by pattern resolution and fundamentals. Without it, range-bound neutrality persists. Fundamentals Supporting Thesis: US steel outlook for 2025 shows moderate growth: CAGR ~2.4% through 2030, driven by automotive and construction demand. Economic moderation but robust drivers like infrastructure spending position the sector. For NASDAQ:STLD STLD, Q2 2025 EPS $2.01 missed estimates but operating income rose 39% despite challenges; revenue $4.57B, EBITDA $533M. Management eyes profitability acceleration into 2026 via efficiencies and demand While global capacity rises ~6.7%,US protections and STLD's strong balance sheet support upside.
NASDAQ:STLDLong
by Consularis
BAJAJ HOUSING FINANCE LTD GOOD TIME TO PICK IT Bajaj Housing Finance Ltd. (BHFL) is a prominent non-banking financial company (NBFC) in India, specializing in housing-related finance. It's a subsidiary of Bajaj Finance Ltd., and has been classified as an Upper-Layer NBFC by the RBI under its Scale-Based Regulations. 📊 Latest Financial Highlights (Q1 FY26 Preview) - Assets Under Management (AUM): 1.2 lakh crore, up 24% YoY and 5% QoQ - Loan Assets: 1.05 lakh crore, up 24.2% YoY - Disbursements: 14,640 crore, up 22% YoY - Net Profit (PAT): Expected to rise 19–21% YoY to 574–584 crore - Net Interest Income (NII): Estimated to grow 24–28% YoY to 827–851 crore - Net Interest Margin (NIM): Projected at ~3.2%, slightly compressed due to rate cuts The company is well-positioned to benefit from the rising demand for housing loans, as more people seek to buy homes. With a focus on technology and customer service, BHFL is likely to enhance its operational efficiency, attracting more clients and growing its market share. As a result, the stock price of BHFL could rise, with steady growth by its expanding loan portfolio and strong brand recognition. In 2026, its share price target would be 253, as per our analysis. SHORT TERM VIEW entry - 119.50-123 stop loss - 117.60 target - 135-140
NSE:BAJAJHFLLong
by ACHARTS3108
$WIF | Inverted head and shoulders $Wif/Usdt BINANCE:WIFUSDT.P The price is formed the Inverted head and shoulders pattern and did a breakout of the neckline, expecting the price to retest green lines (neckline). If 1H CC hit and bounce above the green lines, it'll be a long opportunity. Entering at current price will increase the SL, it's suggested to wait for a retest, to have better entry and a good risk management. Use only 1-2% of your portfolio. NFA, DYOR TP:
Long
by CmpCryptoInsights
8
Mastering supply and demand zones - how to use it in trading?Supply and demand zones are key concepts in technical analysis used by traders to identify potential price reversal areas on a chart. They are based on the idea that prices move due to an imbalance between buyers (demand) and sellers (supply). ------------------------- What will be discussed? - What are supply and demand zones? - How to detect supply and demand zones? - Examples from supply and demand zones? - How to trade using supply and demand zones? ------------------------- What are supply and demand zones? Supply and demand zones are areas on a price chart where the forces of buying and selling are strongly concentrated, causing significant movements in price. In simple terms, a supply zone is an area where selling pressure exceeds buying pressure, often leading to a drop in price. It usually forms when price moves upward into a region where sellers begin to outnumber buyers, pushing the price back down. On the other hand, a demand zone is a region where buying pressure exceeds selling pressure, typically resulting in a rise in price. This occurs when price moves downward into a region where buyers see value and begin to outnumber sellers, causing the price to increase again. These zones reflect areas of imbalance in the market. In a supply zone, sellers are more eager to sell than buyers are to buy, often due to overbought conditions, news, or fundamental changes. In a demand zone, buyers are more eager to buy than sellers are to sell, often because the price has become attractive or undervalued. Traders look for these zones because they provide clues about where price may reverse or stall, offering potential entries or exits for trades. ------------------------- How to detect supply and demand zones? Identifying supply and demand zones involves analyzing price action on a chart, typically using candlestick patterns. A common way to detect a supply zone is to look for a sharp upward move followed by a sudden reversal or strong drop in price. The area where the price stalled before falling sharply is likely to be a supply zone. This zone includes the highest candle body or wick before the drop, and a few candles before it that mark where the selling pressure began. To identify a demand zone, you would look for a sharp drop in price followed by a strong rally upward. The area where the price paused before rising significantly can be considered a demand zone. Like with supply zones, the demand zone includes the lowest candle before the price reversed and a few candles leading up to it. These zones are not exact price levels but rather ranges. Price does not have to touch an exact line to react; it often moves within the general area. For more accuracy, traders often refine their zones by identifying them on higher time frames such as the 4-hour or daily chart, then adjusting them slightly on lower time frames like the 1-hour or 15-minute chart. ------------------------- Examples from supply and demand zones: ------------------------- How to trade using supply and demand zones? Trading supply and demand zones involves anticipating how price is likely to behave when it returns to one of these key areas. A common method is to wait for price to enter a zone and then watch for confirmation that it is going to reverse. For example, if price rises into a supply zone, you might look for signs like a bearish candlestick pattern, a drop in volume, or a rejection wick to signal that sellers are stepping in again. This would be an opportunity to enter a short trade with the expectation that price will fall. Conversely, if price falls into a demand zone, you would wait for bullish signals—such as a strong bullish candle, a double bottom pattern, or clear rejection of lower prices—to confirm that buyers are returning. This would be a potential setup for a long trade, expecting the price to move up from the zone. Traders often place stop losses just beyond the zone to limit risk in case the level fails. For a supply zone, the stop loss would go just above the zone, while for a demand zone, it would go just below. Targets can be set at recent support or resistance levels, or by using risk-reward ratios like 1:2 or 1:3 depending on the trader’s strategy. Patience and discipline are important when trading these zones. Not every zone will lead to a reversal, and false breakouts can occur. Therefore, combining supply and demand analysis with other tools such as trendlines, moving averages, or indicators can improve the chances of a successful trade. In summary, supply and demand zones help traders understand where large buying or selling forces are likely to influence price. By learning to identify these zones and waiting for confirmation signals, traders can enter high-probability trades with clear risk and reward levels. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like and leave a comment, I’d love to hear your thoughts!
TRADENATION:BTCUSDEducation
by Youriverse
81
DELTA - Converging Levels Creates Huge Resistance - Retrace?Hello Traders! Whichever Hedge Fund that is responsible for the recent price action in DELTA mustve been in a generous mood... because theyre giving us an excellent hint as to what price will likely do next. And what hint might that be you ask... 1) Trendline (connecting the recent highs) 2) Gap Fill (Resistance) Individually these factors are relatively strong, however when combined they essesntially create a strong barrier that will be very hard for price to break through. Think about it like a wall made from Captain Americas shield... now try and break through that.. aint gonna be easy. So whats next for price? If I was a betting man (and I am, incase you were wondering) I would say theres a high probability that price is going to trade down from this resistance level then retrace to the gap fill below. From the gap fill level we will likely see a bounce. Thanks, I hope you found this post educational or helpful and best of luck on your trading journey!
NYSE:DALShort
by natef1