GBPJPY – Bulls Knocked Out, Bears Step In!After rejecting the 200.00 resistance, GBPJPY broke below key structure and shifted momentum to bearish.
Price is now retesting the broken support turned resistance, aligned with a descending trendline.
🔎 As long as this area holds, the bias remains bearish with potential for another downward leg.
👉 Plan: Look for short opportunities around the retest zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Reversal
SNAP oversold, preparing to reverse upAfter oversold, SNAP slightly sideways with above average volume. Price is too low, back to 01.2019 price. So, the possibility of bullish reversal is very high.
The price now (Closed on 08.19.2025): $7.18.
Price target: $8.93/ $11.38/ $12.94.
Stop loss: $6.69.
Risk/ Reward ratio: 3.57.
IMO, amateur trader.
AUD Nods To A Strengthening USD With A Strong ReversalOANDA:AUDUSD has completed and confirmed a strong Reversal Pattern, the Head and Shoulders!
Price this morning made a Breakout of the Neckline or Support of the Pattern.
Once Price makes a Retest of the Breakout of the Pattern, this will deliver Short Opportunities to take Price down to the next Support Zone @ .6525 - .6420!
Reversal At New ATH Points To Next Potential Takeoff For JOBYNYSE:JOBY has been making impressive steps lately with reports coming out Friday, August 15th that the company has achieved a great milestone in being the first to fly a piloted electric vertical takeoff and landing air taxi or eVTOL from one public airport being Marina (OAR) to Monterey (MRY).
www.tradingview.com
To end last week and start this week we see price on NYSE:JOBY plummeting and this decline has confirmed a very strong reversal pattern, the Head and Shoulders!
Now, Price has made a solid breakout of the Neckline or Support of the Pattern so we can suspect a potential pullback to the Neckline for a Retest before moving down further in the coming days.
Based off the Potential Extension of a Confirmed Breakout and Validated Retest of a Head and Shoulders Pattern, we can suspect that Price will fall the same length as from the Head to the Neckline, being approx. $4.63, which would land Price not only right in the middle of the Fibonacci Golden Ratio Zone but also a Previous High from June of 2023 @ $11.98! --> This will be the next Buy Opportunity!
With NYSE:JOBY expanding by purchasing Blade Air Mobility who operated in lounges and terminals in the US and Europe and plans to deploy commercially in 2026, this could be a great stock to stock up on!
www.tradingview.com
Reverse Head & Shoulders on XAUUSD (CFD)🟢 Reverse Head & Shoulders on XAUUSD (CFD)
On the 1H chart, the market has recently completed a five-leg structure, which visually aligns with a reverse head & shoulders pattern:
① Left Shoulder: Formed around 3338 with a local support bounce.
② Minor High: First rejection confirming neckline area.
③ Head: The lowest point near 3320, creating a liquidity sweep below previous lows.
④ Right Shoulder: Retesting neckline after liquidity grab.
⑤ Confirmation: Price rejecting higher lows, aligning with bullish order flow.
Key Technical Insights:
Neckline Break: A clean break above the descending neckline (around 3348–3350) could validate the pattern.
Targets:
First target around 3350–3360 (short-term liquidity pool).
Extended target near 3410 if bullish momentum continues.
Invalidation: A drop back below 3320 would invalidate the structure and open the door for deeper bearish continuation.
SMC Context:
The head represents a sweep of liquidity beneath prior lows.
The right shoulder forms with mitigation and BOS signs, suggesting a possible shift in market structure.
If BOS confirms above the neckline, price is likely to fill imbalance zones toward higher liquidity areas.
---
📌 This setup highlights both a classical pattern (reverse H&S) and smart money concepts, merging retail and institutional perspectives for a stronger confirmation bias.
CMG - Bullish Engulfing off 200 SMA & Support Zone?(Weekly chart) NYSE: CMG price action went through a series of flush downs into multiple support levels, where market makers likely cleared out stop-losses. At that zone, price formed a bullish engulfing pattern, signaling a potential attempt to rebound and regain momentum.
Price action highlights:
1) Flush down into the previous high level (resistance turned support).
2) Confluence with the 200 SMA on the weekly chart – a strong long-term support line.
3) Extension through the lower Bollinger Band, signaling short-term oversold.
4) Stochastic oversold, hinting at potential reversal.
5) Last week formed a strong bullish engulfing candle at supports.
This setup offers a favorable risk-reward profile — limited downside with strong upside potential.
AUDCHF - Already Overbought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDCHF has been overall bullish trading within the rising channel marked in red and it is currently retesting the upper bound of the channel acting as an over-bought zone.
Moreover, the blue zone is a strong weekly resistance.
📚 As per my trading style:
As #AUDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDJPY - One More Bearish Impulse Soon!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDJPY has been overall bearish trading within the falling broadening wedge pattern marked in red and it is currently retesting the upper bound of the channel acting as a non-horizontal resistance.
Moreover, the green zone is a strong supply.
📚 As per my trading style:
As #AUDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPCAD - Bulls in Control, But Supply Zone Ahead🏹 GBPCAD has been climbing within a steep bullish channel , approaching a key supply zone around 1.8750. As long as the channel holds, buyers remain in control.
However, if price rejects this supply area and breaks below the 1.8670 support, the bears could take over, potentially triggering a deeper correction.
📌Price is now at a decisive point — a breakout above supply could open the door for fresh highs, while a rejection and channel break could mark the start of a bearish phase.
⚖️ Bulls need a clean break above supply for further upside, while bears are eyeing a channel break for a reversal.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY — Bulls on Standby for a Big Comeback!USDJPY is approaching a key confluence zone where the 🟧 daily support aligns with the long-term bullish trendline.
Price has been in a medium-term correction, but now it’s knocking on the door of a potential bullish reversal.
As long as the highlighted support holds , I’ll be looking for trend-following longs targeting a continuation of the long-term bullish structure.✅
A clear break above the short-term 🔴 channel will confirm the shift in momentum and open the door for the next 📈 impulse move.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
WMTX — From Accumulation to Breakout? WMTX has been in a strong bearish trend 📉 since late 2024, moving within a clear descending channel.
After months of decline, price action shifted into an accumulation phase 📊, forming a range between support and resistance (highlighted in blue).
Recently, buyers 🐂 have stepped in, pushing price toward the upper boundary of this range. A confirmed breakout 🚀 and retest of this zone could signal the end of accumulation and the start of a bullish markup phase 📈, with a potential target near $0.50 💰.
As long as the range low holds, the bias remains bullish ✅, but confirmation from a clean breakout is key for momentum to build.
🔔 Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
SYRUP Priming for a 12% Pop - Longterm ~20% PotentialHey Guys, My last posts were hidden (Again) ty TV, so I'm back at it and keeping it clean and to the point:
Maple Finance
SYRUPUSD
is forming a base at the $0.40 zone after a steep downtrend. Looks like the bleeding's slowing down and we're seeing signs of accumulation.
🍯 Entry: $0.402 - $0.4045
🛑 Stop: $0.3825 (5.4% risk)
🎯 Target 1: $0.4479 (+12.1%)
🚀 Target 2: $0.5100 (+20.6%)
📐 R/R Ratio: ~2.2
This is a structure-based long setup:
Flattening EMAs
Volume compression
Lower wick absorption (buyer presence showing up quietly)
💡 Target 2 ($0.5100) is not a short-term scalp – that's the stretch target IF this turns into full accumulation. Full exit at T1 is a solid take.
More setups on the way.
VRSK – Bullish Pin Bar at Key Support after Earnings Flush?NASDAQ: VRSK delivered good quarterly results, yet price action showed a sharp flush-down bar breaking below the lower Bollinger Band. Recently, price retested the key previous low level at $262, triggered some small stop-losses, and closed back at $262 with a bullish small pin bar. Double bottom setup on VRSK.
Key factors supporting this level:
1. Flush-down move likely to stop out weak holders.
2. Break below lower Bollinger Band, indicating short-term oversold condition.
3. Stochastic oversold and attempting a bullish cross.
4. Bullish pin bar closing back above support.
GBPUSD Approaching Key Psychological Zones!Hey friends 👋
Here’s a fresh GBPUSD analysis I’ve prepared for you. I’m planning to open a **buy** position between **1.32506 – 1.32246**, aiming for a target level of **1.33298**.
Every single like you send my way is a huge source of motivation for me to keep sharing these insights. Big thanks to everyone supporting with a like 🙏
LINK : You want the link for the pump?Hello friends🙌
✅considering the recent market decline, the LINK market has also fallen like other currencies, and many of you are afraid that this is the end and the rise is over or is there still a rise?
✅Well, as we have indicated on the chart, after the price fell to the support area marked with Fibonacci, a double bottom pattern was formed and then the price was increased by buyers.
✅In this wave, we drew another Fibonacci and identified the area where the price pulled back, and we believe this currency has good potential for growth.
✅Now you can buy in steps in the specified areas with capital and risk management and move to the specified targets.
🔥Follow us for more signals🔥
*Trade safely with us*
NIFTY50 Closing Price: ₹24,722.75 (4th Aug 2025, 02:00PM UTC+4)Comprehensive Technical Analysis for NIFTY50
world wide web shunya trade
Closing Price: ₹24,722.75 (4th Aug 2025, 02:00PM UTC+4)
Time Frames:
Intraday: 5M, 15M, 30M, 1H, 4H
Swing: 4H, Daily, Weekly, Monthly
1. Japanese Candlestick Analysis
Intraday (5M-4H)
4H: Bearish Engulfing at 24,722.75 signals rejection of highs.
1H: Dark Cloud Cover below 24,750 confirms weakness.
30M/15M: Shooting Stars at 24,720 indicate exhaustion.
5M: Three Black Crows pattern suggests strong bearish momentum.
Outlook: Bearish reversal likely if 24,700 breaks.
Swing (4H-Monthly)
Daily: Gravestone Doji at 24,722.75 warns of trend exhaustion.
Weekly: Bearish Harami after 3-week rally signals distribution.
Monthly: Long-legged Doji at all-time highs (24,800) indicates indecision.
2. Harmonic Patterns
Intraday
4H/1H: Bearish Butterfly completing at 24,722.75 (D-point).
PRZ: 24,700–24,750 (127.2% XA + 161.8% BC).
30M: Bullish Crab forming at 24,600 (secondary setup).
Swing
Daily: Bearish Gartley near 24,750 (78.6% XA retracement).
Weekly: Potential Bullish Bat at 24,500 if correction extends.
3. Elliott Wave Theory
Intraday
4H: Wave 5 of impulse cycle peaked at 24,722.75.
Structure: Completed 5-wave sequence from 24,200 → 24,722.75.
Corrective Phase: ABC pullback targeting 24,500 (Wave A).
1H: Sub-wave (v) ending with RSI divergence.
Swing
Daily: Wave 3 of primary bull cycle nearing completion at 24,750.
Weekly: Wave (iii) of larger impulse, expecting Wave (iv) correction to 24,300.
Monthly: Wave V of multi-year bull run, nearing major resistance at 24,800.
4. Wyckoff Theory
Intraday
Phase: Distribution (after markup from 24,200 → 24,722.75).
Signs: High volume at 24,722.75 (supply), failed upthrust above 24,750.
Schematic: Phase C (markdown) initiating.
Swing
Daily: Late Markup → Distribution at 24,750.
Weekly: Accumulation completed at 23,500; now in Markup but showing signs of exhaustion.
5. W.D. Gann Theory
Time Theory
Intraday: Key reversal windows:
UTC+4: 10:00–12:00 (resistance test), 14:00–16:00 (trend reversal).
Swing:
Daily: 8th Aug (4 days from close) for time squaring.
Weekly: 12th Aug (1 week) for cycle turn.
Square of 9
24,722.75 → Resistance Angles:
0° (24,750), 90° (24,850), 180° (25,000).
Support: 45° (24,500), 315° (24,250).
Angle Theory
4H Chart: 1x1 Gann Angle (45°) from 24,200 low at 24,500. Price overextended.
Daily Chart: 2x1 Angle (63.75°) at 24,722.75 acting as resistance.
Squaring of Price & Time
Price Range: 24,200 → 24,722.75 (522.75 points).
Time Squaring: 522.75 hours from 24,200 low → 24,750 resistance.
Ranges in Harmony
Primary Range: 24,000–25,000 (1,000 points).
50% Retracement: 24,500 (critical support).
61.8% Retracement: 24,380.
Secondary Range: 24,500–24,750 (250 points).
Price & Time Forecasting
Intraday Targets:
Short-Term: 24,500 (61.8% Fib).
Extension: 24,380 (Gann 45° angle).
Swing Targets:
Weekly: 24,300 (Wave (iv) target).
Monthly: 23,800 (38.2% retracement of entire bull run).
6. Ichimoku Kinko Hyo
Intraday (4H)
Cloud (Kumo): Price below Kumo (bearish).
Tenkan-sen: 24,700 (flat, resistance).
Kijun-sen: 24,650 (support).
Chikou Span: Below price (confirms bearish momentum).
Swing (Daily)
Cloud: Thick cloud resistance at 24,750–24,800.
Tenkan/Kijun: Bearish crossover at 24,700.
7. Indicators
Intraday
RSI (14): 68 (4H) → Overbought; divergence at highs.
Bollinger Bands: Price tagging upper band (24,750); contraction signals volatility.
VWAP: 24,680 (acting as dynamic resistance).
Moving Averages:
50 SMA: 24,600 (support).
200 EMA: 24,400 (major support).
Swing
Daily RSI: 72 (overbought, divergence).
Weekly BB: Upper band at 24,800 (resistance).
Monthly VWAP: 23,500 (major support).
200 WMA: 22,800 (long-term bull support).
Synthesized Forecast
Intraday (Next 24H)
Bearish Scenario (High Probability):
Trigger: Break below 24,700 (1H close).
Targets: 24,500 (T1), 24,380 (T2).
Timeline: 8–12 hours (UTC+4 22:00–02:00).
Bullish Scenario (Low Probability):
Trigger: Sustained close above 24,750.
Target: 24,850 (Gann 90° angle).
Swing (1–4 Weeks)
Bearish Scenario:
Targets: 24,300 (Wave (iv)), 23,800 (38.2% retracement).
Timeline: 5–10 trading days.
Bullish Scenario:
Trigger: Close above 24,800.
Target: 25,200 (Gann 180° angle).
For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya Trade.(world wide web shunya trade)
I welcome your feedback on this analysis, as it will inform and enhance my future work.
Regards,
Shunya.Trade
world wide web shunya trade
⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
[Deep Dive] OP – Edition 4: Accumulated Pressure!Optimism (OP) may be quietly setting the stage for a classic reversal play — with structure, sentiment, and cycle theory all lining up.
After a sharp markdown throughout Q4 2024 and early 2025, OP has spent several months forming what appears to be a rounded accumulation base. And if history rhymes, a markup phase could be next.
🔍 Phase Breakdown
📉 Markdown
The aggressive downtrend sent OP tumbling from above $3 all the way to the $0.50–$0.60 support region, wiping out months of bullish structure and triggering capitulation.
📦 Accumulation
Since then, the price has been compressing sideways in a tight range, respecting the $0.50 psychological zone while creating a rounded bottom pattern. This sideways action — combined with declining volatility — suggests sellers are exhausted, and accumulation may be underway.
📈 Markup Potential
The current setup mirrors textbook market cycles, where markdown gives way to accumulation, followed by expansion. If OP breaks above the $0.70–$0.85 resistance zone with volume, the door opens for a rally toward $1.85 and even $2.00 — the next key supply zones.
⚙️ Fundamental Fuel
Optimism is more than just a Layer 2 — it’s the engine behind the Superchain vision. With OP Stack now powering not only Optimism but also chains like Base and Zora, the protocol is becoming the backbone of Ethereum’s scalability roadmap.
Recent key updates include:
- New governance structures via RetroPGF Round 3 distribution.
- Continued expansion of OP Stack rollups.
- Growth in on-chain activity and TVL thanks to Base's rapid adoption.
All of this adds up to strong long-term tailwinds — especially if Ethereum Layer 2 narratives reheat.
🧠 What to Monitor Next
🔍 Break above $0.85 = confirmation of phase shift.
📊 $0.50 remains the key invalidation level for the current bullish thesis.
🧨 Watch for volume spikes near resistance — they often precede explosive markups.
💬 Are we witnessing the calm before Optimism’s storm — or just another pause in a longer downtrend?
🔔 Disclaimer: This post is for educational and informational purposes only. It does not constitute financial advice. Always do your own research and manage risk carefully.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
GBPUSD – Bearish Bounce Loading?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPUSD has been overall bearish trading within the falling channel marked in red and it is currently in a correction phase.
Moreover, the blue zone is a strong supply.
📚 As per my trading style:
As #GBPUSD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDJPY - Now or Never!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈USDJPY has been overall bullish trading within the rising channel marked in blue and it is currently retesting the upper bound of the channel acting as an over-bought zone.
Moreover, the green zone is a strong weekly resistance.
📚 As per my trading style:
As #USDJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USD Turns GBP On Its "Head"FX:GBPUSD has formed a Head & Shoulders Pattern!
Price has already broken down below the "Neckline" to Confirm that Pattern.
Currently, Price is working its way back up to retest the Breakout and if the level is strong enough and holds, we could see Price follow through with its reversal to lower prices!
If the retest is successful, the May 12th Lows of 1.31741 - 1.31394 could be a good Support level to set as a Price Target.
Now we wait for a Retest!
USDCHF Signals Wave 3 With Double Bottom!OANDA:USDCHF has not only formed a Double Bottom Pattern but also may be generating a potential Elliot Impulse Wave!
Bulls are giving the April & June Lows of .8038 - .8088, another go for a second time today after surpassing the first attempted High created July 17th to break above the level.
So far Price today has broken above July 17th Highs and if Bulls are able to hold this level, this would Confirm:
1) A Breakout of the Double Bottom
2) Wave 3 continuing the Impulse Wave in the Elliot Wave Theory!
The Higher Low @ .79106 created on July 25th, broke the downtrend structure as a 78.6% retracement of the Lower Low @ .78719 created July 1st which was a new 14 Year Low, finishing Wave 2 and initiating Wave 3 of the Impulse Wave.
The Extension of Wave 3 typically will end at the 1.236% or 1.618% level which gives us 2 potential Price Targets to start:
Price Target 1) .81479 - 1.236%
Price Target 2) .82213 - 1.618%
Once Wave 3 has ended, we will look for opportunities at the Wave 4 - Wave 5 juncture!
EUR/CAD: Shorting the Climactic Rally Near 1.6000The strong rally in EUR/CAD has pushed the pair into extreme territory, approaching a major psychological and structural resistance zone. While momentum has been strong, this looks like a potential climactic or "blow-off" top, offering a highly favorable risk/reward opportunity to short the pair in alignment with the weak underlying Euro fundamentals.
The Fundamental Why 📰
The core thesis remains bearish for the Euro. The European Central Bank (ECB) maintains a distinctly dovish tone, signaling a willingness to ease policy further to support a slowing Eurozone economy. This fundamental headwind suggests that extreme rallies in Euro pairs are often exhaustive and present prime shorting opportunities.
The Technical Picture 📊
Major Supply Zone: The price is entering a critical multi-month supply zone between 1.5950 and the key psychological level of 1.6000. This is a major ceiling where significant selling pressure is anticipated.
Fibonacci Extension: This area aligns with a key Fibonacci extension level (1.272) from the last major impulse wave, a common zone where trending moves become exhausted and reversals begin.
Pronounced RSI Divergence: A clear bearish divergence is forming on the daily chart. As price makes this final push to a new high, the Relative Strength Index (RSI) is making a significantly lower high, signaling a deep exhaustion of buying momentum.
The Counter-Trade Rationale 🧠
This is a high-level fade. We are positioning for a reversal at a major, technically significant ceiling. The extreme price extension, combined with clear momentum divergence, indicates that the risk of buying at these highs is substantial. By shorting here, we are betting that the powerful technical resistance and weak fundamentals will trigger a significant correction.
The Setup ✅
📉 Pair: EUR/CAD
👉 Direction: Short
⛔️ Stop Loss: 1.63230
🎯 Entry: 1.59490
✅ Take Profit: 1.52008
⚖️ Risk/Reward: ≈ 2:1