ETH - Still Bearish BUT...📉ETH has been trading inside a falling red channel , keeping the short-term outlook bearish for now. As long as price remains within this structure, sellers continue to dominate.
⚔️However, ETH is now approaching a massive confluence zone between $2850 and $3000, which aligns with the lower bound of the channel, an area that has acted as a powerful support in the past.
🏹From here, I’ll be looking for potential long setups, anticipating a rebound toward the $3850–$4000 resistance area. But for the bulls to fully take over long-term, a confirmed break above $4000 is essential.
Could this be the last dip before Ethereum’s next explosive move? 👀
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
Reversal
OKB - Entering the Oversold Zone!📉OKB has been steadily correcting within a descending channel , but the price is now approaching a massive confluence area, the intersection of the blue demand zone, lower black trendline, and the oversold region.
⚔️This area has historically acted as a strong accumulation zone, where buyers tend to step back in and drive the next impulsive wave. From here, I’ll be looking for long opportunities, ideally after a clear bullish confirmation or a break above the short-term red channel.
🏹If the bulls manage to defend this zone, we could see a strong push toward the upper bound of the black channel, around the $200 mark.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDCAD - Bulls Preparing to Reload!📈USDCAD has been moving within a clear ascending channel, maintaining a well-defined bullish structure over the past months.
After rejecting the upper bound, price is now pulling back toward a key confluence area, the intersection of the orange support zone and the lower trendline of the channel.
🏹This zone is crucial, as it has acted as a strong demand area in the past, where buyers consistently regained control. From here, I’ll be looking for long setups, aiming for a continuation toward the upper bound of the channel once more.
⚔️As long as the price holds above the orange zone, the overall bullish momentum remains intact.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
Evening Doji Star Sets On USDCHF, Price To FollowOn Wednesday, November 5th, Price on OANDA:USDCHF rose and tested the Resistance Level that's been overhead since August. Today with the decline in price on the Daily, suggests that we are looking at a very strong 3 Candlestick Pattern, the Evening Star Doji!
The Evening Star Doji is a Bearish Reversal Candlestick Pattern consisting of 3 candles: first being a large Bullish candle, second is a Doji candle representing the indecision between Bulls and Bears then followed by the 3rd candle being a large Bearish Candle, meaning Bears have overcome the Bulls.
Now if Price really is to reverse, the following candle after this pattern is formed should be a Bearish one, considering the Confirmation candle will confirm the reversal in price and continue to fall!
GU Could Aim For Higher Prices After Strong Reversal FormsHere on FX:GBPUSD we can see Price on the 4Hr Chart has formed an Inverse Head and Shoulders Pattern!
This is a Bullish indication that Price could be looking to Reverse and start moving higher!
Now the Pattern has been formed and a Valid Breakout has been made, the only thing left is for a Proper Retest of the Breakout!
Currently Price is working down after making the Breakout and once a successful Retest is made in the 1.3140 - 1.3135 range, we should see Price start to work up.
If the Breakout and Retest is correct, I suspect Price will make a break for the next layer of Resistance shown at the next Swing High of 1.33969.
DCR - The Calm Before the Next Impulse!📈DCR has recently surged in a parabolic manner, posting one of its strongest rallies in months. However, after such a vertical move, a correction phase was inevitable, and that’s exactly what we’re seeing now.
📉At the moment, price is retracing within a clear descending channel, approaching a massive confluence zone marked by the demand area and the lower red trendline. This intersection represents a key area of interest to look for potential long setups.
⚔️If buyers manage to defend this zone, DCR could soon resume its next impulsive leg upward, potentially breaking out of the correction structure and extending the broader bullish momentum.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
Mastering Trend Reversals: Morning & Evening Star PatternsSo, you're trying to nail those trend reversals? The Morning and Evening Star patterns are perfect for that. They show up right when the market’s about to shift, giving you a chance to get in before the move really takes off. Let’s break down how these setups work and why they’re such solid tools for traders like you.
🌅 Morning Star Pattern: The Bullish Reversal
The Morning Star pattern is one of the best ways to catch a trend reversal from bearish to bullish. It usually pops up after a downtrend, signaling that the market is about to make a move to the upside. It’s made up of three candles:
A long red candle that shows the market’s been selling off.
A small candle, often a Doji, that indicates indecision or a pause in the downtrend.
A big green candle that confirms the shift, showing buyers are taking control.
When you spot a Morning Star candlestick pattern, it’s a strong indication that the downtrend might be over and the bulls could be taking over. The third candle plays a crucial role here, confirming that the trend is likely reversing.
🌇 Evening Star Pattern: The Bearish Reversal
On the flip side, the Evening Star pattern is the bearish cousin of the Morning Star. It shows up after an uptrend and signals that the market is ready to start heading down. It also consists of three candles:
A long green candle that continues the uptrend.
A small candle, again often a Doji, that suggests the market’s losing momentum.
A big red candle that confirms the reversal, showing sellers are stepping in.
When you see the Evening Star candlestick pattern, it tells you that the market could be shifting from bullish to bearish. The third candle confirms that the reversal might be taking place.
💡 Trading the Star Patterns
Both the Morning Star trading pattern and Evening Star patterns are great for spotting potential trend reversals, but they shouldn't be relied on as the only signal. To increase the reliability of these patterns, consider confirming them with other indicators like RSI (Relative Strength Index) , MACD (Moving Average Convergence Divergence) , or volume analysis.
For example, if a Morning Star pattern candlestick appears and is followed by increasing volume, it adds strength to the reversal signal. Similarly, if the Evening Star shows up with an overbought RSI, it could provide further confirmation that the market is due for a pullback.
By using these additional tools, you can have more confidence in your analysis and make better-informed decisions.
📈 Why These Patterns Matter
The Morning Star and Evening Star patterns are powerful tools for identifying potential trend reversals. They give traders a visual cue that a market shift could be on the horizon, helping to spot potential turning points.
However, it’s crucial to make your trading decisions based on a combination of factors and not rely solely on these patterns. Always make sure to consider the broader market context and other technical indicators before acting on any pattern.
Bitcoin BTC – Short Term Update📊 CRYPTO:BTCUSD initial reaction failed, and price action suggests one more leg lower to complete a 5th wave from the 10/27 peak. This would wrap up the current impulsive decline and set the stage for a larger corrective bounce.
⚠️ Important Note:
Treat any upcoming bounce as corrective, not impulsive. The structure does not yet support a new ATH scenario unless the market proves otherwise with a decisive bullish shift.
$SPY $SPX Scenarios — Friday, Nov 7, 2025🔮 AMEX:SPY SP:SPX Scenarios — Friday, Nov 7, 2025 🔮
🌍 Market-Moving Headlines
🚩 Jobs Day: The October Employment Report headlines Friday, with payrolls expected at -60,000 and the unemployment rate rising to 4.5% — signaling labor market cooling.
📉 Policy implications: A weak print would reinforce expectations for multiple rate cuts in early 2026, while upside surprises could stall the dovish momentum.
💬 Fed watch: Morning remarks from Williams and Jefferson set the tone before the data drop; Miran rounds out the week with a late-day speech.
⚠️ Shutdown delays: The Employment Report and related labor metrics are at risk of delay pending government data releases, adding uncertainty to Friday’s open.
📊 Sentiment & credit check: U-Mich Consumer Sentiment and Consumer Credit round out the macro picture.
📊 Key Data and Events (ET)
⏰ 3:00 AM — John Williams (NY Fed) speech
⏰ 7:00 AM — Philip Jefferson (Fed Vice Chair) speech
⏰ 🚩 8:30 AM — U.S. Employment Report (Oct) — subject to delay
• Nonfarm Payrolls: -60,000
• Unemployment Rate: 4.5%
• Hourly Wages (MoM): 0.3%
⏰ 10:00 AM — UMich Consumer Sentiment (Prelim, Nov) | 53.0 expected
⏰ 3:00 PM — Consumer Credit (Sept) | $10.0B expected
⏰ 3:00 PM — Stephen Miran (Fed Gov) speech
⚠️ Note:
The Employment Report, Unemployment Rate, and Wage Data are flagged at risk of delay due to the government shutdown. All other releases are expected on time. Market volatility will hinge on whether the data prints or is postponed.
⚠️ Disclaimer: Educational and informational only — not financial advice.
📌 #trading #stockmarket #SPY #SPX #JobsReport #NFP #Fed #Jefferson #Williams #inflation #yields #macro #shutdown
XRP - Watching the Confluence Zone for a Bullish Rebound!📉XRP has been in a clear bearish channel for months , forming consistent lower highs and lower lows.
However, the current structure is approaching a critical confluence zone, where the lower bound of the red channel meets the major green support area between $1.75 and $2.00.
⚔️As long as this intersection holds, I’ll be looking for potential long opportunities, anticipating a short-term bullish correction toward the upper boundary of the channel.
This setup offers a clean risk-to-reward opportunity if the bulls manage to defend the zone and regain momentum.
If the support gives way, further downside could follow, but for now, this area remains a key decision point for XRP’s next move.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
CADJPY - The Trio Retest Setup!📈CADJPY has been on a strong bullish run lately, but price is now approaching a critical confluence zone, the perfect Trio Retest Setup.
The red circle highlights the intersection of two upper trendlines (the rising channel and the short-term wedge) together with a major horizontal resistance at 111.00.
⚔️This trio intersection creates a powerful technical barrier, suggesting that the pair is overbought in the short term. From here, I’ll be looking for signs of exhaustion or reversal patterns to catch the next corrective leg down.
🔎A potential retracement could send CADJPY back toward the 106.00–105.00 support zone, which also aligns with the lower boundary of the main ascending channel.
Until the trio zone is broken decisively to the upside, the bears might step in to cool off the momentum.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
EURCAD - Buy the Bounce at Confluence!📈EURCAD remains in a steady rising channel on the daily. Price has pulled back into a strong support zone that perfectly aligns with the channel’s lower bound and the base of the recent micro wedge.
🏹As long as this confluence holds, I’ll be looking for trend-following longs from here, aiming first for the recent highs, then the channel top.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📊All Strategies Are Good; If Managed Properly!
~Richard Nasr
SILVER LONGKeep eyes on silver now after gold. Check the chart. A break of the trendline can trigger an entry. 150000 will be a crucial level to watch too but if this is also broken then-
Target- 155000, 157000
Entry- Break of trendline 148000 or above 150000
Stoploss- 144500
Disclaimer- This is just for educational purpose.
JAI SHREE RAM.
GOLD REVERSAL Hello! Been on a holiday and am back.
Here is a swing trade on GOLD after a good fall and retracement. Gold has made a hammer on the daily timeframe. One can look for a reversal from here.
Entry- 119000-118800
Target- 120500, 121000, 121700
STOP- The low of hammer candle.
Note- You may enter as close as the low of the hammer candle.
Disclaimer- This is just for educational purpose
Jai Shree Ram.
UPS 1W - delivery of a trend reversal is on the way?On the weekly chart, UPS is holding strong around the $82–90 support zone - a key level where buyers historically step in. The structure suggests the end of the long corrective channel and the potential start of a bullish reversal.
Technically, a confirmed breakout above the channel could trigger momentum toward $158, $176, and $202 - attractive targets for mid-term traders.
From a fundamental standpoint, UPS continues to streamline operations, improve automation, and prepare for peak season shipping. Growing e-commerce volumes and steady fuel costs may support stronger margins ahead. If earnings start to reflect these improvements, the stock could easily shift gears into a sustainable uptrend.
* UPS announced that it will report its Q3 results on October 28, 2025.
* The company is introducing increased seasonal charges and shipping rates starting October 26 ahead of the holiday season, which may temporarily reduce demand.
* UPS also announced plans to equip 5,000 of its trucks with air conditioning in the hottest regions of the US, a step to improve working conditions but at a cost.
* The high dividend yield (~7.5%) raises questions about sustainability, as the payout is almost equal to free cash flow.
Tactical play: as long as $82–90 holds, bulls have the initiative. Once the breakout is confirmed - the next big delivery might just be profits.
Verizon (VZ) — Bullish Reversal Setup! Smart Money Loading UpNYSE:VZ is showing early signs of a **trend reversal** after a long downtrend. The price is now testing the **upper boundary of its descending channel**, signaling potential breakout momentum.
Technicals suggest that **smart money might be accumulating** before a larger move toward the $45 range.
💎 The structure looks strong — a clean breakout and retest could confirm a new bullish leg.
Watch for volume confirmation and hold above resistance for a possible **momentum breakout**.
“They laughed when NYSE:VZ dipped. They won’t laugh when it rips.” - twitter (WallStMessiah)
👇 Drop your thoughts below — breakout or fakeout?
Bitcoin short - midterm sell This midterm trend reversal could make price action trade lower, there is a trendline break downwards, sell positions, if channel breaks it give us more confirmation, the current POI level has been traded earlier it is in confluence with 61,8 fibonacci retracement, the 2 targets lower(green lines) are theoretical take profits areas.
Good luck and good trading, this is not financial advice this is solely my own analysis!
IBRX consolidating at $2.3 with volume confirmationThe share price has tested and been holding steady around/above ~2.3 for all of 2025. Volume is showing a very obvious increase over time as shares are being consolidated at this level. Price is due for a reversal. How high? My conservative guess is it will reach at least $6.7 before the end of its upward trend.
Don't know much about the company, just going off the chart.
EURCAD - Bounce Play at the Rail!EURCAD has been respecting its ascending channel beautifully , bouncing between the rails like clockwork. And right now, price is once again retesting the lower trendline, where buyers have consistently stepped in before launching new bullish waves.
🏹As long as this trendline and minor support around 1.62 hold firm, I’ll be watching closely for bullish rejections or reversal patterns to confirm a fresh leg upward. A clean bounce from here could send price back toward the orange structure zone around 1.6350, followed by a potential push toward 1.64+ if momentum builds up.
⚔️However, a break and close below 1.6180 would invalidate the setup and could shift control back to the bears — but until that happens, the path of least resistance remains to the upside.
In short, I’m expecting EURCAD to trap late sellers and fuel another rebound from the channel’s base, the kind of move that rewards patience and precision.
📊 All Strategies Are Good; If Managed Properly!
~Richard Nasr
USDJPY Descending channel pattern selling from key supply zone💹 USD/JPY Technical Outlook (1H)
The pair is selling strongly from the key supply zone around 151.000, respecting the descending channel structure 📉
🔻 Bearish momentum is gaining strength as sellers take control from the upper boundary of the channel.
🎯 Next Target Zones:
149.800 → First support / short-term target
149.000 → Major support / key downside target
📊 As long as price stays below 151.000, bias remains bearish on intraday setups.
Keep an eye on price action & volume confirmation before continuation entries ⚡
#USDJPY #ForexAnalysis #PriceAction #FXTrading #TechnicalAnalysis
Potential Reversal Ready To Flip AU On Its "Head"Price on OANDA:AUDUSD is almost complete with forming the Right and final Shoulder of the potential Inverted Head and Shoulders Pattern!
Once Price has visited the Neckline of the Pattern, it will be Confirmed and will suggest that Price is looking to head higher!!
Once Confirmed, we will want to wait for a Valid Breakout and a Retest to generate potential Long Opportunities to take up to the next Resistance @ .6620!
NZDJPY - Waiting for Bulls to Step In!NZDJPY has been trading within a broad ascending channel and is now approaching a strong demand zone that aligns with the channel’s lower red trendline.
This area has acted as a solid base in the past, and as price retests it once again, it could serve as the starting point for a new bullish swing.
As long as the blue demand zone holds, I’ll be watching for bullish reversal signals to look for long opportunities, with potential short-term targets toward 87.50 and 88.80, where previous supply and the upper boundary of the channel intersect.
However, if the price breaks below 85.00, the bullish structure would weaken, and a deeper correction could follow before buyers regain control.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr






















