SELL setup following the short-term bearish trend, with entry ar1. Technical Pattern
The market is forming a Double Top pattern around the 3,700 level.
After breaking the neckline (previous support, now turned resistance, marked in blue), the price is retesting this area.
This confirms a potential bearish continuation.
2. Support & Resistance
Key Resistance: 3,690 – 3,705 (neckline area after the breakdown).
Near-term Support: 3,670 (current retest zone).
Major Support: 3,615 – 3,625 (red zone below, aligning with previous lows and accumulation area).
3. Price Scenarios
If the price fails to break above 3,690 – 3,705, there is a high probability of dropping toward 3,620 – 3,625.
On the other hand, if the price closes above 3,705 on H1/H4, the bearish setup fails, and the market could resume its bullish trend.
4. Trading Implication
This is a SELL setup following the short-term bearish trend, with entry around 3,685 – 3,695.
Target: 3,620 – 3,625.
Stop Loss: above 3,710 (to avoid a false breakout).
Trendtrading
near target is 3,700 – 3,720.1. Main Trend
The chart is currently in a short-term uptrend, shown by the rising channel (red parallel trendlines).
Price has bounced multiple times from the lower trendline → confirming that buyers remain in control.
2. Support & Resistance Zones
Nearest Resistance: 3,675 – 3,685 (blue zone). This level has been tested multiple times and price is now trading around it.
Key Support: around 3,640 (lower trendline). Further below, the strong support is at 3,520 – 3,540 (red box).
3. Current Signals
Price has just broken out above the 3,675 – 3,685 resistance zone, and is now pulling back for a retest.
If price holds above 3,675 → the bullish trend will be reinforced.
The chart also has an upward arrow drawn → indicating expectation of a move towards 3,700.
4. Scenarios Ahead
Bullish Scenario (priority):
If price holds above 3,675 – 3,685 and bounces up, the next target is 3,700 – 3,720.
A break above 3,720 could extend the rally towards 3,750 – 3,770.
Bearish/Correction Scenario:
If price fails to hold 3,675 and breaks lower → it may retest the rising trendline around 3,640.
If the trendline also breaks, there is risk of a drop towards the strong support at 3,520 – 3,540.
5. Conclusion
The overall trend is still bullish.
The key level to watch: 3,675 – 3,685 (retest zone).
Trading Strategy: Prefer long positions if price holds above 3,675, with stop-loss below the trendline. Target 3,700 – 3,720.
Conversely, if 3,675 and the trendline fail, wait for lower supports.
Short term analysis main trend is still bullishXAU/USD Technical Analysis (H1)
1. Overall Trend
Gold (XAU/USD) is moving inside an upward channel, confirmed by two parallel rising trendlines.
After bouncing from the strong support zone around 3,520 – 3,540 USD, price has been forming higher lows, keeping the bullish structure intact.
2. Key Support & Resistance
Strong Resistance: 3,660 – 3,680 USD zone. Price has been rejected here multiple times, creating a zig-zag/triangle-like pattern.
Dynamic Support: The rising trendline. As long as price stays above this line, the bullish bias remains valid.
Static Support: 3,520 – 3,540 USD. If the trendline breaks, this will be the next key zone to test buyers’ strength.
3. Chart Pattern
Price is consolidating in a triangle/zig-zag formation within an uptrend, often considered a continuation pattern.
If the resistance at 3,660 – 3,680 USD is broken, price may rally toward the psychological level 3,700 – 3,720 USD.
4. Trading Scenarios
Bullish (preferred):
Enter long on pullbacks to the trendline or on a breakout above 3,660–3,680.
Target: 3,700 – 3,720 USD.
Stop-loss: Below 3,620 or under the trendline.
Bearish (alternative):
If price breaks the rising trendline, a correction toward 3,520 – 3,540 USD is possible.
This zone will act as a decisive level for the next direction.
👉 Conclusion: The short-term bias remains bullish, but a clear breakout above 3,660 – 3,680 is needed for confirmation.
PUMP SOMETHING LIKE THIS!!PUMP is now in price discovery and that means the only place to look for a long trade to join the PUMP is the previous pivot lows getting swept which will show us a clear defined area to put our stop-loss.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
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This is not financial advice. This is for educational purposes only.
Price Action & Market StructureVery informative video discussing price action & market structure. Most importantly this week we have major impact news (FOMC) with expectancy of a interest rate cut which will move the markets significantly due to the fact we haven't had cuts since December 2024 during this time lots of money will transfer from both sides buyers & sellers so play it safe wait for perfect conditions with reserved risk to reward ratios to optimize your account.
BTC/USD Sell Setup: Overbought Signals a Pullback!COINBASE:BTCUSD The price is currently approaching a key resistance zone at the upper boundary of the ascending channel. This level often marks the point where a pullback could occur, especially as the price nears the top of the channel. If a correction takes place, the next key support level to watch is 113,500 USD.
Should buyers manage to defend this support, the bullish trend could continue, with potential for the price to break through previous highs. However, if the price breaks below the support level, we may see a deeper retracement back to the lower part of the channel.
This setup offers a potential opportunity to enter if a pullback occurs, especially with confirmation from price action, candle patterns, and volume around the key levels. Make sure to manage risk appropriately and only take trades when your setup is validated.
What are your thoughts on this setup? Drop your comments below, and let’s discuss!
Wishing you successful trades!
Bitcoin trend reversal done ? It is quite evident from the previous plan that we have faced trend reversal for bitcoin. We had a classic breakout followd by retest , consolidation and pumps. Bitcoin had been dumping for a while now and it we were expecting something like this in the near time .
Bitcoin is currently targeting 117k2 followed by 119k4 and 123k resistance for now.
A candle close below 115k will invalidate the bullish bias.
We have also shared a lot of altcoins trade along with the Btc view on our app.
Dont forget to check out ........
GBPUSD Bullish or Bearish?Hi Traders!
When analyzing this chart, price made a move to the downside making a low at 1.34000, came up to test 1.36000 to then revisit a daily OB at 1.32000 creating a bearish BOS. However, price didn't close below the previous daily OB low, and pushed back up to the resistance level at 1.36000. Price is now sitting in a range.
If a long presents itself, I would like to see a daily CHOCH happen, price closed above 1.36000 with strength (not just a wick), follow through with bullish confirmation, and 1.36000 retest/new support. Therefore, IMO, this move can still be viewed as a retracement within a bearish structure. For now, I'm waiting for price to show me a solid direction.
Good Luck to all!
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Gold 1H Outlook | Key Levels to Watch – 3595 | 3625 | 3470OANDA:XAUUSD Gold is trading near 3594 after a strong bullish move. On the 1-hour chart, price has been following a rising trendline which shows that buyers are still active.
Here’s what matters for traders today:
🔹 Key Support Levels:
3560 → intraday support where buyers are stepping in.
3525 → major structural support + trendline confluence.
🔹 Resistance Zones:
3595 → first resistance, market is already reacting here.
3625 → next upside objective if buyers stay in control.
📌 Bias:
As long as price holds above 3525, gold remains bullish. Upside path: 3595 → 3625.
A confirmed break below 3525 would mean a shift in structure. In that case, sellers may push price towards 3470.
EURUSD: three paths and none of them easyFor the third month in a row EURUSD closes below the highs of the period — buyers fail to break through, while the 200 EMA adds extra pressure from above. On the other hand, every dip is aggressively bought, leaving sellers unable to reverse the trend. The dollar index has been stuck in the 98.50–97.50 range for eight weeks, and each attempt to strengthen pushes it lower again. Against this backdrop, three scenarios remain on the table.
First scenario: short positions with tight stops from 1.1780, targeting 1.1600 and 1.1400, where reversal patterns may appear.
Second scenario: continuation of sideways trading, prioritizing shorts while price remains below 1.1780.
Third scenario: breakout above 1.1780 with a move toward 1.2200, where selling opportunities may arise, followed by a correction and renewed buying with the trend.
All actions depend on entry points, and each entry has its own rules. Questions? Let me know.
SPOT: Consolidation done in September? SPOT is resting well above the resistance turn support line and is guarded well by the Uptrend support line + EMA20 in weekly chart. TME is unstoppable since May 2025 after broke the long term resistance line. Will SPOT follow their peer TME for the uptrend continuation? The music streaming sector is still looking good, SPOT is still one of the stock to watch in this September definitely. Perhaps TME as well..
EURJPY: FakeoutEURJPY is currently undergoing an interesting transition. While the EMAs indicate that this pair is in an uptrend (where EMA20 is above EMA60), there's early indication that we might be seeing a downtrend soon.
Daily Timeframe:
Price attempted to cross above the daily level, but it failed to close above it. It's also a lower high after a strong run-up, which indicates to me that the upside momentum might be exhausting.
H1 Timeframe:
We see an intraday double top formation, which indicates that price is having a hard time pushing higher. Price also crossed below the intraday neckline.
While it tried to pull back above the intraday neckline, it quickly reverted below, indicating quite a bit of selling pressure.
EURAUD: Ascending Trendline BreakThis is a counter-trend trade as I see exhaustion on the daily timeframe.
Daily Timeframe:
I plotted an ascending trendline on the daily timeframe. Price attempted to push to a new high on August 20th, but failed to hold. That was the first indication that the uptrend might be over.
The signal occurred when price crossed below the ascending trendline. Currently, the daily bar is active. If the current bar manages to close below the ascending trendline and tomorrow's daily bar does the same, it's safe to say that we can expect further downside.
H4 Timeframe
The bearish signal is also supported on the 4-hour timeframe. In the intraday timeframe, price made a "double top" indicating that it's not able to push higher to the upside. I'm anticipating that momentum will build up throughout the rest of the day and into tomorrow as well.
COFFEE could turn around big timePrice on COFFEE looks very interesting at the moment, this latest move broke the narrative of a downtrend.
The most recent interaction with the downtrend is particularly interesting, because it's already showing early signs of consolidation, decreased bearish momentum. What may follow: retest of trendline, low-volume candles suggesting exhaustion, all aligning for potential upwards.
My target would be toward 350$ where we have a clear zone. If this move plays out, it will make a beautiful switch of a narrative that’s we've been seeing for COFFEE. This is what makes the setup so compelling. It’s a "story being shown".
Though a scenario for more downside is possible. Still, I am taking the side for more upside because such decrease is not sustainable long without a correction.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Is the Retracement Over?Hi Traders!
GJ dipped in the 50% fib this past week, and bounced off the previous weekly OB again at 198.500. The retracement might be over, and I'm looking to enter a long swing trade. However, I'd like to see it bounce off the 4HR OB sitting at 199.500/.600 and make a return to the 4HR CHOCH around 199.000/.200 to determine my entry. If so, based on the Daily, I'd be swinging this trade to around 202 and 203. That'd also hit around a Weekly bearish OB.
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
BTCUSD: Decline Movement ContinuesHello everyone, here is my breakdown of the current Bitcoin setup.
Market Analysis
From a broader perspective, the price action for Bitcoin has been bearish since it was rejected from the major Resistance Zone 2 near 118900. This initiated a downtrend that has since been developing within the confines of a large downward wedge pattern, creating a sequence of lower highs and lower lows.
The most recent significant event was the breakdown below the key horizontal Resistance Zone 1 around the 112100 mark. After finding temporary support, the price is now in a corrective rally, heading back up towards the main resistance line of the wedge in a classic retest move.
My Scenario & Strategy
My scenario is based on the expectation that the dominant downtrend will continue. I'm anticipating that the price will complete this corrective bounce and touch the wedge's resistance line. Upon reaching this area, I expect sellers to show strength, reject the price, and cause a reversal that initiates the next impulsive move downwards within the overall structure.
Therefore, the strategy is to watch for this rejection from the wedge's resistance. The primary target for this move is 106500 points, which aligns perfectly with the lower support line of the wedge pattern.
That's the setup I'm tracking. Thank you for your attention, and always manage your risk.
HUNER (1D) — Seller Bias After OB Cluster; Descending BA SlopesHUNER (1D) — Seller Bias After OB Cluster; Descending BA Slopes, 4.00 Support Under Test
Executive read (VPA, 55-bar window)
◉ OB/OS: An OverBought 4/7 tag printed at the apex; no confirmed OS on the right edge. That OB cluster preceded the entire red B→A leg and frames the current risk.
◉ Ranked volume peaks (Top-3):
- B1 (H 4.35/L 4.00) ↑ 68.33M, ↓ 53.3M, Δ +15.03M.
- B2 (H 5.00/L 4.75) ↑ 56.06M, ↓ 44.72M, Δ +11.34M.
- B3 (H 4.71/L 4.39) ↑ 49.81M, ↓ 33.61M, Δ +16.19M.
- S3 (H 4.79/L 4.59) ↑ 41.05M, ↓ 34.1M, Δ +6.95M.
Takeaway: Buying peaks were heavy, but subsequent price action failed to sustain higher highs; sellers have since controlled the B→A leg.
◉ Segment diagnostics:
- C→B advance: top/bottom slopes +22.3° / +21.0° → mature but constructive.
- B→A decline: top/bottom slopes –12.3° / –10.1° → persistent downside pressure.
- Orientation at B: α 212.9° (red) / β 147.1° (red) confirm the bearish state of the current swing geometry.
◉ Levels & structure:
- Support: the S1 low ≈ 4.00 is the active horizontal shelf repeatedly defended.
- Resistance: 4.35 (B1/S1 pivot), 4.71–4.79 (B3/S3 band), then 5.00 (B2). The descending B→A trendline caps bounces before these levels.
Actionable interpretation (educational):
Bias stays bearish-to-neutral while price trades beneath the B→A upper line and below 4.35. A credible shift would require (i) a fresh B-ranked bar with positive Δ near the right edge, and (ii) a close back above the B→A top. Failure to reclaim 4.35 after bounces leaves 4.00 vulnerable; a daily close below 4.00 would validate extension into the S-zones. Conversely, an OS print near 4.00 coupled with flattening BA slopes would set up a tactical mean-reversion toward 4.35 → 4.71/4.79.