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Trendreversal

BTC/USD – Band Rejection + Gap Squeeze Play (Textbook Execution)Caught a clean 30m bullish band rejection on BTC/USD, aligned with a textbook gap-up squeeze setup. Price gapped above the lower Bollinger Band after a clear downtrend, forming a strong engulfing candle. Entry triggered on break of the rejection candle high at 89,276. Trade Highlights: - Entry: 89,276 (2 lots) - Target 1: Midline (9 EMA) hit at 89,372 (+0.11%) - Target 2: Upper Band hit at 89,672 (+0.44%) - Stop: 89,044 (below rejection low) - Result: Full 1:1 RR achieved on both lots Setup Confluence: - Lower band rejection with hammer - Gap-up ≥ 1% with strong close - X/Y band stretch> 1.6 confirms squeeze - No opposite rejection before midline Takeaway: A+ setup with high-probability structure and mechanical execution. Kill fast, ride smart.
COINBASE:BTCUSD
by Ethical_Bear
SOLUSDT - 30M ANALYSISHey traders! Based on the recent price action, SOL has finished a clean 5-wave impulse down, which usually signals the start of a correction. Right now the structure looks very much like a developing Zig-Zag: - Wave A has played out, - Wave B is close to completing, - and I’m watching for a break of the B-wave resistance to confirm the start of Wave C to the upside. If that happens, the next target zone sits around 146–150. However, it’s important to keep the alternative in mind: Wave B can still form as an expanded flat, meaning price could dip lower and even take out the Wave 5 low before reversing. If that happens, the bullish ABC idea is still possible — it just becomes a deeper setup. So for now: Keep an eye on how price behaves around the B resistance level, stay patient for confirmation, and don’t forget your risk management. This is not financial advice — always DYOR.
by TheWaveHunter
CADJPY: Strong Reversal Setup - Daily MH RejectionCADJPY: Market Structure High Reversal @ Daily Momentum High Setup Analysis: The CADJPY has completed its wave structure followed by a Trend-Changing Pattern, signalling a potential major reversal. Key Technical Points: 📍 The Setup: Tuesday's high has been broken (manipulation move) Price pushed up to the Daily Momentum High (MH) This MH initiated the downside that created the major low Classic liquidity grab before potential reversal 🎯 Trade Invalidation: 111.65 This is the critical level Any trade above 111.65 invalidates the sell setup Must respect this level for the bearish structure to remain valid 🎯 Main Target: H1 structure @ 109.55 Trade Logic: Price manipulation above Tuesday's high swept liquidity at the Daily MH. This is where the previous major downtrend began. With wave structure complete and trend-changing pattern formed, we're watching for confirmation to trade the reversal back down to H1 structure support. Key Principle: Let price prove the reversal. Structure breaks and manipulation moves often precede significant reversals. 👍 Hit the boost button if you found this valuable 👤 Follow for more high-probability setup analysis
Short
by Charts247TradingAcademy
1
Adani Enterprises: The Bull Is Roaring Loud!This is the daily timeframe chart of Adani Enterprises. The stock is moving within a well-defined parallel channel, with a strong support zone around the 2250–2300 range. After the recent decline, the stock respected this zone and started a fresh bullish rally from the support. Earlier, the stock formed a negative pattern, which led to a decline, and its target has already been achieved near the support area. From there, the price has shown a strong rebound. Currently, the stock is trading near the Middle of the channel, where resistance lies between 2520–2540 on the shorter timeframe. Once this resistance zone is broken, the stock will have no immediate boundary, and the next upward move could extend toward 2800–2850. If this rally continues and the support zone holds, we may witness higher levels ahead in Adani Enterprises. Thank you.
NSE:ADANIENTLong
by FiveCircles
HTZ:From Breakdown to Breakout,Bullish Reversal Gaining TractionHertz Global Holdings, Inc. (NASDAQ: HTZ) Technical Outlook: Potential Reversal Following Structural Breakout Date : 5 November 2025 Summary Hertz Global Holdings (HTZ) has exhibited signs of a potential medium-term trend reversal following a prolonged downtrend since mid-2023. Multiple bullish technical signals — including a breakout from key continuation patterns, RSI divergence, and sustained support retests — point toward a possible shift in market sentiment. Price Action and Technical Developments 1. Downtrend continuation : Since July 2023, HTZ has been in a persistent downtrend, reinforced by a breakdown below major horizontal support. 2. Symmetrical triangle breakdown (Feb 2024) : The stock failed to hold within a consolidation structure, confirming bearish momentum at that stage. 3. Bullish divergence (Sept 2024) : Despite registering new price lows, the RSI formed higher highs, suggesting weakening downside momentum and potential for reversal. 4. Falling wedge breakout (Nov 2024) : Price action reversed from a classic bullish pattern, followed by a strong rally through the end of November. 5. Symmetrical triangle breakout (Apr 2025) : HTZ broke out of consolidation on elevated volume, coinciding with a break above the long-term descending trendline — a key technical inflection point. 6. Current setup (Nov 2025) : The share price is consolidating within a falling channel. On 4 November 2025, it rebounded from a confluence of supports — including the uptrend line from September 2024 and prior resistance turned support — reinforcing near-term bullish bias. Trading Idea Entry Zone: 4.71 - 5.50 Target: 10.50 and 15.00 Support: 4.71 Conclusion After a long downtrend, HTZ is showing a clear shift in momentum. With multiple bullish patterns confirmed and strong support holding, the stock may be entering a new uptrend phase toward USD 10.50 and USD 15.00.
NASDAQ:HTZLong
by wan07
AUDUSD - PREPARING FOR A NEW UPTREND?Symbol - AUDUSD AUDUSD is currently in a corrective phase after breaking above the resistance of its descending channel. To maintain bullish momentum, the market needs a period of consolidation or the development of a trading range above 0.6525 The US dollar remains in consolidation, showing limited potential for further gains. Growing anticipation ahead of the upcoming Federal Reserve meeting could provide support for the Australian dollar. The pair is moving into a distribution phase after a period of consolidation. The breakout above 0.6525 confirmed a clean break of the descending channel’s resistance, indicating the early stages of a potential trend reversal. Sustained price action above this level could open the door for continued upward movement. Resistance levels: 0.6567, 0.6610 Support levels: 0.6525, 0.6493 At present, the pair is attempting to establish a shift in trend direction. The ongoing consolidation and distribution above the previously broken trendline are encouraging signs. However, forming a well-defined trading range will be crucial to confirm the beginning of a new short-term uptrend.
Long
by akshit_official
Ramco Cements Breaking Key Resistance | Target 1,100+BUY Setup 🏗️ Entry: ₹1,058-1,065 (Current Level) Target 1: ₹1,083-1,090 Target 2: ₹1,099-1,110 Target 3: ₹1,123-1,135 (Extended) Stop Loss: ₹1,036 Technical Rationale: Breaking above descending channel (blue shaded area) - major bullish reversal Strong momentum with +1.11% gain today Price reclaiming 1,060 resistance zone Breaking above both declining trendlines convincingly High volume (343.03K) supporting the breakout Consolidation zone (1,000-1,060) now acting as support RSI trending upward, showing momentum building Cement sector showing strength on infrastructure demand Multiple resistance levels mapped: 1,036, 1,083, 1,099, 1,123 Clear support at 1,000 psychological level V-shaped recovery from October lows Risk-Reward: Strong 1:3+ ratio Pattern: Falling wedge/descending channel breakout - highly reliable bullish reversal pattern Strategy: Medium-term swing trade - Book 30% at T1 (1,085), 30% at T2 (1,105), trail remaining with SL at 1,065 after T1 Key Levels: Breakout Zone: 1,060 (critical level crossed) Strong Resistance: 1,083, 1,099, 1,123 Major Support: 1,036, 1,000, 980 Sector Catalyst: Infrastructure spending boost expected Cement demand picking up seasonally For educational purposes only. Not SEBI registered. Major pattern breakout - manage position sizing appropriately. Cement stocks can be volatile. Conduct thorough research before investing.
NSE:RAMCOCEMLong
by rmhetre15
2
XAUUSD | Weekly Fakeout → Wedge Breakout | Targeting 3508+🔔 Summary: Reclaimed liquidity, broke wedge structure with strength, and printed continuation signs. Expecting bullish move toward 3,508 on higher timeframe if breakout holds. Will reassess if price closes below 3,314 (invalidates short-term momentum). 🔔 Long Version: 📝 Description: 📆 Date: 2nd August 2025 📊 Timeframe: Weekly → Multi-TF Analysis 📈 Bias: Bullish 🧠 Setup: High-volume breakout from descending wedge + weekly fakeout/liquidity sweep. ⸻ 🧱 Structure • Weekly fakeout below trendline rejected with strength • 4H bullish engulfing candle broke through EMA stack and wedge resistance • Price retested previous Fair Value Gap (FVG) and confirmed buyer strength • Strong volume spike and MACD momentum shift confirmed breakout conviction 📊 Indicators • EMAs: Price above 20/50/100/200 on H1 & 4H • MACD: 4H flipping bullish, Weekly still holding green • Volume: Significant bullish breakout candle, multi-timeframe confluence
OANDA:XAUUSDLong
by ByDaneo
Volume Spread Analysis - Understanding Traps & ConfirmationDespite the fact that the so-called “Big Players” in the game of ups and downs we call the market have the power to manipulate it in ways some cannot even imagine, what they ultimately seek is a healthy market. I’ve mentioned in previous posts that the market behaves like a living organism — and like any organism, it must be healthy in order to grow. In simple terms, the traps institutional players set are there because they need cash flow — liquidity — to achieve that growth. But why do they need to use traps at all? The answer lies in the numbers: one institutional player is equivalent to hundreds, if not thousands, of uninformed or poorly trained retail traders. So, to sustain growth, they are not just inclined but sometimes forced to create traps. Now imagine this: in a market with enormous capital, one big player is equivalent to 100 retail traders. If 25% of those traders were skilled — truly good at the game — think of how much more cash flow would occur, and how much healthier and more stable that growth could be. But don’t be fooled — while big players may benefit from a small portion of skilled retail participants, it’s not their actual goal. Still, it wouldn't hurt them either, as long as liquidity and volatility are preserved. In fact, a higher percentage of skilled players could deepen liquidity and reduce the need for extreme manipulation. However, if too many retail traders become skilled, the game tightens. Profit margins shrink. The edge that institutions hold becomes harder to maintain. And in such a scenario, consistent profitability becomes more difficult — for everyone. As I’ve emphasized in previous ideas, there is a way to understand institutional traps — and one of the keys is learning how to interpret the Relative Strength Index (RSI) properly. However, since RSI is by nature an oscillator, its signals require confirmation. And what better tool to use for confirmation than Volume — specifically through the lens of Volume Spread Analysis (VSA)? In this post, we’ll partially explore how these traps are revealed, using basic tools available on TradingView. We'll also uncover a potential trap in the chart of AIXBT/USD Coin from Binance, using the 1-hour time-frame. 🔹 1. Pre-Top Volume Cluster Let’s begin at the very top of the chart. Just before this top, we can spot a bullish volume cluster — four consecutive volume spikes with rising price. In VSA, such a cluster often suggests that the current trend is reaching exhaustion. ⚠️ Important Note: Not all clusters mark a reversal. Even if we see one or two bearish candlesticks after-ward — even if they are engulfing — that alone does not confirm the reversal. The real signs are already present in the volume indicator. As I’ve said in the past, in previously posted ideas: Big Players always leave footprints. Learning to read those footprints is the language every serious retail trader must eventually understand. And one of the clearest footprints is what we’ll discuss next. 🔻 2. The Buying Climax A Buying Climax is a tell-tale sign of professional distribution — it appears (in our case) as a large bullish volume spike accompanied by a bearish candlestick, signaling the potential end of a rally. In our AIXBT/USD Coin chart, we observe two buying climaxes: • The first comes at the end of the bullish volume cluster, followed by a bearish candle. • The second follows right after, repeating the same bearish confirmation. 🧠 Even though price was making a new Higher High — these repeated climaxes on increasing volume suggest supply is entering the market, and the uptrend is likely unsustainable. ✅ Conclusion This is just one piece of the larger puzzle, but even basic tools like RSI and Volume, when read in the context of structure and intent, can reveal traps set by institutional hands. The more we train ourselves to see these signs, the closer we get to trading in harmony with the market’s true rhythm — not against it. Now let’s take a look at another signal that hints at a possible reversal. But before we continue, keep in mind: what I’m about to describe doesn’t always play out in the simplified way I’ll mention here. The market behaves differently at any given moment — so this kind of analysis always requires a careful and adaptive approach. This time, I’m referring to a smaller bearish cluster, made up of three volume spikes, each of them clearly above the 20-period Moving Average — and appearing just before the bullish cluster I highlighted earlier. • The fact that the first spike in this bearish group breaks above the MA is a strong signal that bearish pressure is stepping in. • The fact that all three spikes remain above the MA adds weight to that signal. However — and this is crucial — just like I mentioned before, this alone doesn't confirm a reversal. It still requires confirmation. Even though this smaller bearish cluster forms a new low, and even though it aligns with a bearish RSI divergence marked with a dashed trend line, it’s not a signal to enter a trade. Why? Because volume confirmation is missing. And that's exactly why RSI alone isn't enough. It can point to weakness — but not confirm the turn. True confirmation only comes with the next bullish volume spike, which: • a) breaks above the MA, • b) is higher than the first bearish spike in the previous cluster, • c) appears with an engulfing candlestick, and • d) is supported by an RSI plot that follows the move. This collective behavior — the interaction between price, volume, and momentum — is not random. It’s one of the many harmonies that exist in the market’s structure. And learning to recognize these harmonies is key to understanding when the market is genuine — and when it's trying to trap you. 🔚 Conclusion All of this leads me to one conclusion — based not just on theory, but on direct experience. We’ve all seen the countless videos across platforms where retail traders explain things like RSI divergences as if they’re guaranteed signals. But the truth is: not all of these videos are made by successful traders — and blindly following them can be dangerous. Early in my trading journey, I made that exact mistake. I followed those “educational” videos without question, and nearly blew my account in the process. Can you imagine what would happen if someone entered a trade solely based on the divergence we discussed — without waiting for confirmation? If you’ve followed this chart example to its end, you already know the answer. Worse, this kind of psychological frustration often leads to even bigger mistakes — especially if you haven’t applied one of the simplest protective tools: the Stop Loss. And sadly, many traders skip it. So let this be a reminder: A divergence is not a signal. Confirmation is everything. Let’s now take things a step deeper — by partially revealing something that remains known only to a small circle of elite traders. Something that’s rarely discussed in public — yet sits hidden in plain sight. Many traders know that Volume Spread Analysis (VSA) is based on the teachings of Richard Wyckoff and expanded through Tom Williams in Master the Markets. And yes — the most of VSA’s power comes from those principles. But that’s only part of the story. What did these two big names revealing in secret code using multiple paragraphs and terminologies, but purposely do not reveal it in simple words in a few lines. And they are doing the right thing. Because if I said to myself that if everyone knew that then the market might crashed, then for sure they had that thought as well What truly sets VSA apart, and what gives it its real power, is that it operates in two distinct languages. 🧩 The Hidden Language of VSA — What Most Don’t See Let’s now go a step deeper — by partially revealing something known only to a few traders who’ve spent enough time observing the market beyond surface-level signals. Something that’s often overlooked, yet has always been in plain sight. We all know that VSA stands for Volume Spread Analysis. And we commonly refer to “spread” as the distance between the open and the close of a candlestick. This is what many traders fixate on — the relationship between price movement and volume. But that’s only part of the story. What did names like Wyckoff and Tom Williams really reveal? They spoke in code — long paragraphs, obscure terminology, layered ideas — never quite saying "this is the hidden key" in a few plain words. And they were right to do so. Because I’ve thought the same thing myself: If everyone knew this… if it was simplified and passed around like a hack… the market could collapse into chaos. If I’ve had that thought, I’m certain they did too. So instead, they left trails. Patterns. Puzzles. They left the second language in the open — but made sure only those with patience, discipline, and time in the charts would ever truly hear it. There are things the open and close can’t tell you, but... That… is part of what I meant earlier when I said VSA speaks in two languages. Some of you already sense what I’m pointing toward. For the rest — keep watching. You’ll know it when you see it. And once you do, you’ll never unsee it again. Let’s begin with what most traders already know. We say "spread" in VSA to refer to the range between the open and the close of a candlestick. This spread, in relation to volume, tells us whether a candle shows strength or weakness. • A wide spread on high volume may signal professional activity. • A narrow spread on high volume could suggest absorption or hidden effort. This is the first language — the most commonly taught, and the most widely shared. But what about the second? Here's where things get interesting. Let’s revisit our AIXBT/USD Coin chart, and specifically the large engulfing candlestick that forms around 18:30, just after the very top. Now ask yourself: • 🔍 Where did this candle open? • 📍 What previous zone did it revisit or retest? What’s the story behind on that retest? • Have you noticed the macro scale Hidden bearish divergence between RSI & PA? What you're seeing is not just a rejection. It’s a trigger zone — a price level left behind earlier by institutional activity. This candle, with its precise open, combined with the volume behavior, is no coincidence. It's not just a rejection — it's a setup, part of a pre-engineered trap. By stealing what Tom Williams said: Big players are simply saying to uninformed traders – “thank you for your money”. The interaction of price levels over time, the zones formed by previous activity, and how volume behavior aligns with those zones to signal intent. Most traders never see this and even fewer can interpret it. Why This Matters That engulfing candlestick is not just a visual cue — it's a multiple level footprint. It confirms everything we discussed earlier about how the market is manipulated — often in ways most traders can’t even begin to imagine. Two opposite forces within a zone. One prevails while the other reveals a future! So now, let this sink in: To truly master VSA, one must learn to read both languages. The visible structure, and the hidden context. One without the other is incomplete. Now you know why Confirmation is so crucial. That’s all for now. I hope that all the above paragraphs were able to give you a hint of how things work! And remember: Everything I write is just a small glimpse of the whole that needs to be considered. Until next time — stay safe, trade wisely, and never stop learning.
by WhatComes21
Gold (XAUUSD) – Lower TF Wave (B) Top in Place? Higher TF Conflu⚠️ Price has now completed what appears to be a clean 5-wave advance into the key supply zone — potentially completing wave ((C)) of (B) on the lower timeframe. • Wave ((ii)) = expanding flat • Wave ((iv)) = expanding triangle • Final ((v)) push into supply with RSI/MACD divergence A breakdown below 3435 could confirm the reversal into wave (C). Downside fib targets align around 3400, 3350, and 3280. A marginal high can’t be ruled out, but structure is now favouring bears short term.
FX:XAUUSDShort
by EWaveInsights
Equity Research Flash – Hexaware Technologies Ltd.CMP: ₹722.35 | Bullish Momentum Post Trend Reversal HEXT shows a bullish breakout from a falling trendline, with RSI near 60 and strong volume uptick. The price reclaimed the 0.5 Fibonacci level, eyeing next targets at ₹749.85 (0.618) and ₹793.35 (0.786). Fundamentally strong with robust revenue growth, improving ROCE (26.4%), and low debt. A move above ₹750 could trigger further upside. Accumulate on dips with SL at ₹688. Recommendation: Positive | Buy on Dips Near ₹700 For Education Purpose only
NSE:HEXT
by rmhetre15
Smells Like a Trend ReversalWeekly Recap – Gold Market Monday, May 12, 2025 The week began with a sharp GAP during the Asian session (starting around 1:00 AM London / 8:00 PM New York on Sunday) : Gold dropped abruptly by $60, from $3,325 to $3,266. The catalyst was a temporary easing of trade tensions between the U.S. and China, following weekend negotiations that led to a 90-day tariff pause. During the European session (starting at 8:00 AM London / 3:00 AM New York) , the downtrend continued, pushing the price further down to $3,207. Tuesday–Wednesday, May 13–14 Between these two sessions, the price consolidated within a narrow range of $3,265 to $3,202 (63 $ range). Despite better-than-expected U.S. inflation data, there was no significant breakout—the market remained indecisive. Wednesday, May 14 – European Session The price continued its descent, falling from $3,243 to $3,168—a $75 drop—indicating persistent downward pressure despite macroeconomic stability. Thursday, May 15 The Asian session (1:00 AM London / 8:00 PM New York) began quietly, with a range between $3,168 and $3,192. Then a sharp drop to $3,123 followed (down $71), triggered by new statements from President Trump, who announced potential trade deals with India, Japan, and South Korea. In the European session (8:00 AM London / 3:00 AM New York) , a strong reversal occurred. After failed peace negotiations between Russia and Ukraine in Istanbul, and due to growing geopolitical uncertainty plus a weakening dollar, gold surged by $132, from $3,120 to $3,252. Friday, May 16 The Asian session opened slightly bearish, with gold dipping from $3,252 to $3,218. However, bullish momentum returned during the European and U.S. sessions, continuing Thursday’s upward trend and adding $51 by day’s end. 📰 Geopolitical News Landscape India / Pakistan Since the Kashmir terror attack on May 9, 2025, tensions have escalated again. Cross-border airstrikes and border closures have resumed. A fragile ceasefire, brokered by the U.S., is under pressure. Disputes over water rights further strain relations. ➡️ Short-term outlook: high tension remains. Gaza Conflict On May 9, Israel launched Operation Gideon’s Chariot against Hamas, aiming to dismantle the group and rescue hostages. Over 300 deaths have been reported. A leaked plan suggests Gaza will be divided into three heavily controlled zones. The humanitarian situation is catastrophic (over 53,000 deaths since 2023). Peace talks are underway in Doha, but the situation remains dire. ➡️ No relief in sight. Russia / Ukraine Direct talks were held in Istanbul for the first time in three years. While a prisoner exchange (1,000 each side) took place, no substantial progress was achieved. Russia demands Ukrainian troop withdrawals from contested areas—Kyiv refuses. Simultaneously, Russian attacks intensified, including drone strikes on Sumy. ➡️ A ceasefire remains unlikely in the near term. U.S.–China Trade War A 90-day tariff pause was announced the weekend before May 12: U.S. tariffs cut from 145% to 30% Chinese tariffs reduced from 125% to 10% Markets reacted positively at first—especially in retail and shipping sectors. ➡️ However, unresolved structural issues (e.g., tech transfers, export controls) keep tensions fragile. No comprehensive deal is in sight. ⚖️ Trump vs. Powell Tensions escalate between President Trump and Fed Chair Jerome Powell: - Trump demands aggressive rate cuts - Powell warns of inflation risks - The Fed holds the interest rate steady at 4.25–4.5% - A 10% staff reduction is planned at the Fed for “efficiency” ➡️ The growing political interference is increasing market instability. 📉 U.S. Inflation – April 2025 The official inflation rate dropped to 2.3%, the lowest since February 2021. However, consumer inflation expectations soared to 7.3%, the highest since 1981. The University of Michigan Consumer Sentiment Index fell to 50.8—a historic low. ➡️ A clear gap between perception and data is emerging. 📊 Technical Analysis – Short-Term Since May 12, an open GAP exists between $3,289 and $3,325 (36 $ range) A V-shaped reversal formed from the low on May 15 ($3,120) to the Friday close ($3,204) Symmetrical triangle formation suggests a convergence around $3,284 (possible by Tuesday) ➡️ Current trading range: $3,172 to $3,285 (113 $ range) 💡 Outlook for Monday, May 19 Time-Zone-Based Expectations: Asia session (starting 1:00 AM London / 8:00 PM New York Sunday): 👉 Potential retest of $3,154 Europe session (8:00 AM London / 3:00 AM New York): 👉 Bullish outlook toward $3,234 U.S. session (2:30 PM London / 9:30 AM New York): 👉 Possible continuation of bullish move — open-ended potential 📌 Trade Setup – Monday 8:00 AM (London) / 3:00 AM (New York) If price is below $3,154 → I stay flat and wait for clear signals If price is above $3,172 → I consider a long position, unless conflicting news emerges 🎯 Weekly Target My goal for the week is $3,348, provided the U.S. Dollar Index (DXY) holds near the 100-point level. 🧠 Conclusion I am increasingly convinced that news-driven trading delivers the best results—if one can properly interpret the signals. 🔢 Fibonacci Levels 1h chart: low $3,131 → high $3,500 (April 22) Levels: 0.315, 0.382, 0.5 1h chart: low $3,131 → high $3,435 (May 6) Levels: 0.315, 0.382, 0.5 1h chart: low $3,131 → high $3,252 (May 16) Levels: 0.315, 0.382, 0.5 ------------------------------------------------------------------------- This is just my personal market idea and not financial advice! 📢 Trading gold and other financial instruments carries risks – only invest what you can afford to lose. Always do your own analysis, use solid risk management, and trade responsibly. Good luck and safe trading! 🚀📊
OANDA:XAUUSDLong
by Wick-Sniper
1
BTCUSD Rectangle Pattern Breakout + Bearish Retest & Target🧩 Chart Overview This chart captures a well-defined rectangle continuation pattern forming within a rising channel on the 1-hour timeframe. This setup is a classic combination of horizontal and diagonal price structure interaction, offering valuable insights into potential market behavior and trade opportunities. 🧱 Structure Breakdown Rectangle Pattern: Price action was trapped in a sideways consolidation phase between the resistance zone (~104,800 - 105,400) and the support zone (~101,200 - 101,800). This rectangle followed a strong bullish rally, which often implies a continuation pattern. However, the lack of follow-through from bulls near the resistance led to repeated failures to break out, suggesting weakening momentum. Rising Channel: Within this rectangle, price respected a rising trendline support and resistance structure, forming a parallel ascending channel. Bearish Breakout: The significant event occurred when BTC broke down below both the horizontal support of the rectangle and the lower boundary of the rising channel, triggering a structural shift from bullish to bearish. 🔁 Retesting Phase – What’s Happening Now After the breakdown: Price pulled back toward the prior support zone, which is now acting as resistance (a classic example of the support-turns-resistance principle). This is commonly referred to as a retest, which validates the breakout and offers a lower-risk entry point for traders looking to short. The retest area (around 101,500 - 102,000) is crucial. If price fails to reclaim this level and prints bearish confirmation (e.g., rejection wick, bearish engulfing candle), it increases the probability of downward continuation. 🎯 Trade Setup (Short Bias) Entry Zone: 101,500 – 102,000 (on retest rejection confirmation) Stop Loss: Above 103,000 (above prior highs and invalidation point) Target 1 (TP1): 99,347 – key psychological and horizontal support level from prior structure Target 2 (TP2): 97,277 – measured move of the rectangle height projected downward, aligning with previous demand area This setup offers an attractive risk-to-reward ratio, assuming proper trade management and confirmation-based entry. 📊 Additional Technical Confluences Bearish Momentum: The aggressive breakdown candle shows strong seller interest and increased volatility. Volume: If confirmed with high selling volume during the breakdown and low buying volume during the retest, the move gains more credibility. Trend Reversal Signals: The break of the channel and the rectangle support indicates potential trend reversal from short-term bullish to bearish. RSI & Momentum Indicators (optional): Traders may use tools like RSI or MACD to confirm momentum shifts during retest. 📉 Psychological and Price-Level Significance 101,500 was a strong intraday support zone throughout the consolidation phase. Once broken, it flips polarity and acts as resistance. The round-number level of 100,000 is always a psychological magnet for BTC. It often acts as a bounce or breakout zone, so traders should watch price behavior near this area closely. Deeper demand may emerge around 97,000 – 96,500, which can serve as an extended target or reaccumulation zone depending on broader market conditions. ⚠️ Risk Management & Final Thoughts This setup is high-probability only if the retest confirms rejection. Avoid early entries or assumptions before confirmation. Always use proper stop-loss placement to avoid whipsaws or fake-outs. Manage position sizing based on account size and risk tolerance. News events or macro data can override technicals, so be aware of upcoming economic releases or sentiment shifts. 🧵 Conclusion Bitcoin is showing clear signs of short-term weakness following the breakdown of a long-standing consolidation range within a rising channel. The ongoing retest provides an ideal area for short positioning, with clearly defined invalidation and profit targets. ✅ If bears defend the retest zone, expect downside continuation toward 99.3K and possibly 97.2K.
CRYPTO:BTCUSDShort
by GoldMasterTrades
Supply Zone Rejection & BOS Confirm Downtrend ContinuationAfter a clean shift in structure marked by a CHoCH and subsequent BOS, price retraced into a clear supply zone—offering a high-probability short setup. Here's how the setup unfolded: 🧠 Trade Rationale Break of Structure (BOS): Price broke below a key higher low, confirming a bearish structure. Change of Character (CHoCH): Signaled the end of bullish momentum earlier in the sequence. Supply Zone: Price retraced into a well-defined supply area (aligned with imbalance and prior support turned resistance). Entry: Short taken as price tapped into the supply and failed to make a new high—further confirmed by a lower timeframe CHoCH. Target: Aiming for the next BOS level below, aligning with clean equal lows/liquidity draw. 🔍 Key Concepts Highlighted Structure-based trading with CHoCH and BOS labeling. Supply zone entries based on price action confirmation. Risk-to-reward driven decision-making (tight SL above supply, TP near next demand). 💬 What do you think? Do you wait for confirmation within supply, or enter at touch? Let’s discuss—drop your thoughts and feedback!
Short
by SmellyTaz