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W-pattern

Gold – Bearish Retracement Toward Structural SupportGold is currently moving inside a broad rising wedge, and today’s structure adds more clarity to the short-term direction. A smaller pennant formation developed inside the wedge and has now been broken to the downside — a signal that momentum is shifting and the market may be preparing for a corrective drop toward the wedge’s lower boundary. The key downside target aligns with 4113 – 4127 , which overlaps: The lower trendline of the main rising wedge A previous demand zone A natural symmetry completion of the pennant breakdown As long as price stays below the 4208 invalidation level , the expectation remains for price to revisit the bottom of the wedge before any significant bullish continuation can be confirmed. Watching the reaction at the lower wedge boundary will be crucial, as this area can determine whether gold resumes its larger bullish trend or fails structurally.
OANDA:XAUUSDShort
by GForecast
Will the Sky clear for higher Goldprice? Week 8-12 DecContext: After a quiet week with little impact from economic data, Gold FX_IDC:XAUUSD has been moving sideways within a triangle structure. The US economy looks resilient—better than many expected—shifting all eyes to the FED rate cut decision this Wednesday. 🇺🇸👀 📅 Market Recap: Mon Dec 1 (Asia Session): Price pumped +$60 up to $4264, only to dump -$101 back down to $4163, sweeping liquidity in the beginning of the US Session. 🧹 Consolidation: Since then, Gold has consolidated in a narrow range between $4190 and $4226. ↔️ Friday: US Inflation data was less dramatic than feared, but Gold still dropped around -$64, closing the week near $4191. 🔥 The Week Ahead: We have key dates coming up, but with the Rate Cut Decision pending on Wednesday, data needs to be dramatic to force a major move before then. Quiet/Choppy markets until Wednesday. 💤 The Exception: Tuesday, when US Job Data is released. 📊 🎯 The Trade Setup: If the US Job Market remains stable, there is room for further downside. I am watching for a dip to sweep liquidity before looking for entries. 📉 Downside Targets (Buy Zones): Primary Target: $4150 🥇 Secondary Target: $4110 🥈 There is strong support between this zones, so it is very possible the drop stops right at $4150 without reaching the second target. 🐂 Strategy: I see the market chopping sideways until the announcement. My plan is to look for LONG positions 🚀 if price sweeps into my targets ($4150 / $4110). My last idea about was not longer valid because the right shoulder did not went down, but a Quasimodo pattern could be a thing... Maybee FED does skip the cut? Let's see... ------------------------------------------------------------------------- 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! 🚀📊
FX_IDC:XAUUSD
by Wick-Sniper
4
Massive WALL STREET Short At All Time High Price is testing the all time high while a head and shoulders formation is visible on the Daily, indicating potential distribution at resistance On H4, momentum is overbought and price has remained range bound for approximately four sessions, signaling reduced follow through on the upside Sentiment appears fragile amid discussion of an AI driven excess, and risk appetite is moderating into strength Harmonic confluence is present, with a deep crab on H1 and a crab on H4 aligning near current levels to define a potential reversal zone Multi-timeframe momentum is stretched up to H4; bearish RSI divergence is present on H1 and H4, with H4 showing roughly a 15-point divergence while price holds flat Repeated failures at the all-time high confirm supply; this level continues to cap advances and strengthens the resistance profile The H1 trend has transitioned from flat to lower, shifting near-term bias to the downside within the broader range Cross-market context is consistent, as major US indices are also near record highs and failing to extend, which adds intermarket confirmation Risk parameters are defined with a stop above 48,250 or above the all-time high at 48,425, which would invalidate the reversal thesis Initial downside objective is 47,300, corresponding to the next significant support and consistent with an H4 scale pullback Position management should consider partial profit taking at interim supports and a reduction in risk if RSI resets higher without corresponding price weakness
FOREXCOM:US30Short
by JavonDias_Trading
When an Uptrend Breaks..Smart Money Doesn’t Hesitate📉 XAUUSD MARKET OUTLOOK (1H) - Gold has officially transitioned from its previous rising channel into a clear downtrend structure, marked by lower highs, lower lows, and a decisive break below the rising support line. The bullish momentum has faded, and sellers are gradually taking control. - Price is now moving inside a descending correction channel, and every rally is being absorbed by supply — a textbook shift from accumulation to distribution. 1️⃣ Uptrend Channel Has Been Broken Gold traded for several days inside a rising channel, respecting both support and resistance. But price has now: - Broken below the rising trendline - Retested it and failed - Formed a new bearish structure This confirms the end of the previous bullish phase. 2️⃣ Strong Resistance Zone Holding Firm The resistance zone around 4,235 – 4,245 has rejected price multiple times. Each rejection produced: - Lower swing highs - Increasing bearish pressure - Momentum shift toward sellers This zone is now the ceiling of the new downtrend. 3️⃣ Descending Channel Signals Bearish Continuation - Price is currently moving cleanly inside a downward-sloping channel. - Every bounce is shallow → every drop is sharp. - This is the behavior of a market controlled by sellers. If the current corrective bounce fails at the upper boundary of the channel, another hard leg down is highly likely. 4️⃣ Key Target: Strong Support Zone Below The next major liquidity area lies at the 4,105 – 4,120 strong support zone. This is where buyers previously stepped in aggressively. If price reaches this zone again, expect: - Either a strong bullish reaction - Or a deeper breakdown if momentum remains heavy ➡️ Primary Scenario (High Probability) Retest of the channel top → rejection → bearish continuation into 4,105 – 4,120 zone. Sellers remain in control as long as price stays under the broken trendline. ⚠️ Risk Scenario A clean breakout above the descending channel may trigger a temporary bullish correction, but the overall structure remains bearish unless price reclaims the old resistance zone. What’s your take on gold’s trend shift?
OANDA:XAUUSDShort
by Matthew_TradeRFX
Downfall of DXY?!? Bears Flag The Possibility!Here on TVC:DXY we can see that last week it ended in a Bearish Breakout of an Ascending Channel, the perfect Bear Flag scenario! Now price closed the week on the ascent possibly being the Retest of the Breakout. If the Channel holds price on a successful retest, TVC:DXY will drop! Fundamentally, USD has impactful news all week this week. Even so, with limited data from back logged events not available until after next FOMC Meeting, this means the Federal Reserve will continue to make decisions in "the dark" and with a high probability of a Rate Cut coming in December! If the Bear Flag is successful in being a continuation pattern set-up, we could see price drop down to the prior Low of November under 99!
TVC:DXYShort
by Novi_Fibonacci
Berger Paints: Pattern Formation — Is This the BreakoutThis is the daily timeframe chart of Berger Paint. The stock is moving within a well-defined channel and has formed a Cup & Handle pattern inside the structure. If the pattern continues to hold and the price stays above ₹500, the pattern remains valid. A breakout above the resistance may trigger potential upside targets of ₹766 and ₹866. However, if the price fails and breaks below this zone, the stock may decline toward the channel support near ₹400. Thank you.
NSE:BERGEPAINTLong
by FiveCircles
LULU Analysis | Crucial Support & Resistance Before EarningsIn this video, I break down a complete Lululemon (LULU) stock analysis ahead of its upcoming earnings. You’ll learn the key support & resistance levels, expected volatility zones, and the technical signals that matter most. 🔍 What’s Inside the Video: Lululemon’s current trend & momentum Technical breakdown (chart pattern + volume + indicators) Key support & resistance levels to watch Earnings expectations & potential price reactions Upside and downside targets Risk zones and invalidation levels Short-term and swing-trade ideas 📈 Why This Matters LULU earnings often create huge price swings. This video gives you a clear, actionable view of how the stock might react and what levels traders should focus on.
NASDAQ:LULULong
by Mercury812
SPX500 Short Deep crab pattern completes on M15, mapping a potential reversal zone. Multiple tops formed on M15 and M30 at the same area, reinforcing overhead supply from the prior day’s high that price could not break. RSI reached overbought on M15 and M30, indicating crowded long positioning. Approximately 20 points of RSI bearish divergence across M15 and M30, consistent with a weakening advance. H4 has turned down after last week’s rebound and now aligns with a downside continuation view. Daily slope is flattening and price is trading beneath it, suggesting the early stages of a broader reversal can develop if sellers follow through. Bias is short of the reversal zone identified by the deep crab and repeated tops. Stop loss set at 50 pips to cap risk if resistance fails. First target at 6,600, which is 100 pips from entry, with room to manage partials at nearby structure if momentum confirms. Several US indices and other global indices are printing similar topping behavior and momentum fades, adding intermarket confluence to the short idea.
BLACKBULL:SPX500Short
by JavonDias_Trading
HK50 Long Setup at 25,875Crab pattern completes on M30 and H1, marking a potential reversal zone near current price. Triple bottom visible on M30 and H1, reinforcing a well defined support shelf. RSI is rising as the triple bottom forms, which supports the idea of accumulation rather than a weak bounce. Daily trend remains up, so a rebound aligns with the higher time frame bias. Timeframes up to H4 are oversold, which suggests short term selling pressure is stretched and vulnerable to mean reversion. Stay alert to a possible regime shift toward bearish conditions. If market tone deteriorates, prioritise defense and faster exit. RSI divergence of about 18 points on M30, indicating buyers are stepping in while downside momentum fades. Look for a momentum confirmation trigger, for example, an M30 higher low or an H1 close above the most recent swing high. Entry: 25,875 at or just above the reversal zone. Stop loss: 25,650 to avoid crowding structure while cleanly invalidating the setup if broken. First target: 26,475, which aligns with nearby resistance and a conservative mean reversion objective. Secondary decision point: monitor price behavior as M15 and M30 approach overbought. If thrust is weak, scale partials and tighten risk.
PEPPERSTONE:HK50Long
by JavonDias_Trading
EURJPY Forms Rare Reversal, Aiming For Price Gap??OANDA:EURJPY has formed a rare Reversal Pattern, the Three Drives Pattern, lets break it down! The Three Drives Pattern consists of 3 Bullish attempts to continue pushing price higher. The 3rd attempt is a Fibonacci Extension of the DE Leg giving us Point F where Price, encountering Resistance at the 138.2% Extension @ 180.008, should reverse and head lower! We can see starting the week that OANDA:EURJPY is opening below this level and if Price is unable to move higher, we can expect it to fall from here! When it does, there is a big Price Gap in the 174.712 - 173.249 Range to fill with the Low or Point A being the next line of support @ 172.260 being the Price Target! This could generate a great Short Opportunity!
Short
by Novi_Fibonacci
Short Alphabet (GOOGL) near 290Head and shoulders is visible on H4 and on the Daily. I will look for a firm break and retest of the neckline to confirm a momentum shift. An ABCD harmonic completed around 288, which marks a potential reversal zone based on measured move symmetry. RSI shows a 40-point divergence on H1 and H4, from 82 down to 42. This indicates buyers are losing pressure while sellers gain control. RSI is stretched across multiple intraday timeframes, consistent with mean reversion risk. The primary Daily trend remains up. The H4 trend has flattened and started to roll, which supports a countertrend short setup. Given the longer-term uptrend and elevated speculative sentiment, I will size conservatively and require price action confirmation. Entry zone: around 290 at the ABCD completion area. Stop loss: 305 to allow room for volatility without crowding the structure. First target: 259, which aligns with prior demand and conservative mean reversion. Risk-to-reward ratio: approximately 1 to 1.7.
NASDAQ:GOOGShort
by JavonDias_Trading
JPN225 Long• Trend context: This setup aligns with the H4 uptrend, supported by a strong upward impulse. • Momentum: M15, M30, and H1 are oversold, suggesting a potential rebound from current levels. • Structure: A clear double bottom has formed on both M15 and M30, with RSI divergence of 9 points confirming bullish momentum. • Support zone: Price is holding above strong support at the previous week’s high, a key level that continues to attract buyers. • Pattern signal: A bullish shark pattern is forming, indicating strong reversal potential. • Risk management: Stop loss placed below 50,700 to protect capital. • Target: First target when M15 turns overbought or when price retests 52,600 highs.
PEPPERSTONE:JPN225Long
by JavonDias_Trading
1
JPN225 ShortPattern structure: A bat pattern has completed on the M15 chart, highlighting a potential reversal zone. • Market context: Price is testing the all-time high, an area that has historically acted as strong resistance. • Trend alignment: While this setup moves counter to the H4 trend, recent consolidation has flattened the H1 moving average, suggesting momentum is fading. • Momentum signal: RSI on H1 is showing significant bearish divergence with a clear triple top — a strong early signal of potential exhaustion. • Risk management: Stop loss set at 300 pips to protect capital, with a target of 51,700.
PEPPERSTONE:JPN225Short
by JavonDias_Trading
1
GBPAUD Textbook Bear FlagGBPAUD price had been falling sharply, sellers were in full control, driving the market lower with strong bearish momentum. Then came a pause. Price started climbing slowly, forming a rising channel. That’s the bear flag. Buyers are trying to recover, but it is weak and hesitant, every push higher is met with selling pressure. Inside that flag, sellers are waiting for signs of exhaustion. And if price breaks below the structure strongly, that’s the confirmation we need. I am expecting another impulsive leg down in the direction of the main trend, at around 1.9856. With this kind of pattern, usually the stop-loss is placed just above the flag. Keep in mind that this is just an idea, not a trade and not financial advice.
Short
by TrendDiva
46
xauusd 3894 or 4060 today?October 29, 2025, XAU/USD has specific price targets. The gold price is currently around $4,018, and traders are focusing on key technical levels and the upcoming Federal Reserve interest rate decision. Below is a summary of the key price levels to watch before the market closes today. Analysis Type Key Resistance Key Support Primary Target Alternative Target Technical & Scenario-Based $4,005.79 $3,951.68 $4,059.90 - $4,114.01 (if resistance breaks) $3,893.96 (if support breaks) Bearish Correction - $3,940 $3,870 - Range-Bound $4,010 $3,860 Movement between $3,860 and $4,010 - 🚨 Key Market Driver Today The single most important event influencing gold's movement today is the Federal Reserve's interest rate decision. Markets are overwhelmingly expecting a 25-basis-point rate cut, and how the market reacts will depend heavily on the tone (dovish or hawkish) set by Fed Chair Jerome Powell. Dovish Signal (Bullish for Gold): If the Fed signals openness to further easing, it could weaken the US Dollar and help push gold above the $4,005 resistance toward the higher targets. Hawkish Signal (Bearish for Gold): If the Fed suggests this cut is a "one-and-done" move, it could strengthen the Dollar and trigger a sell-off in gold, pushing it down to test the $3,951 support and potentially lower. 💡 A Note for Your Trading Conflicting Signals Exist: While one technical model suggests a potential rise to $4,010, another maintains a bearish outlook with a target of $3,870, contingent on the price staying below $3,940. This highlights the market's uncertainty ahead of the Fed news. Trade the Reaction: Many analysts advise waiting for the price to convincingly break through one of the key levels ($4,005 resistance or $3,951 support) before committing to a new trade direction, rather than anticipating the move prematurely. In summary, for the remainder of today's session, watch the $4,005 resistance and $3,951 support levels. The Fed's announcement will likely determine whether the price moves towards $4,060 or falls back to $3,894.
OANDA:XAUUSD
by realmillionairefx
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!
Long
by Novi_Fibonacci
1
Got The GUTS For Stocks? Fractyl Health, Inc. Prints A Bull FlagNASDAQ:GUTS has printed a Bull Flag and with Price making a Retracement to the 50% Fibonacci Level @ $1.28, the Consolidation Phase of Price should be coming to and end! This could mean its time to Buy Stock in Fractyl Health, Inc! Once able to Breakout of the Descending Channel of the Flag, Price on Fractyl could keep pushing up!! Currently the Analyst 1 Yr Price Target is set for $6.76, almost a 400% gain! The company is also making great strides in weight loss study's and obesity gene therapy!
NASDAQ:GUTSLong
by Novi_Fibonacci
Triple Bottom At Rising Support Could Spell High Hopes For EJ!Here on OANDA:EURJPY we can see that Price was able to make a Breakout of the Rising Support to start the week last week and since, has made a Pullback to test the Breakout! Price on Tuesday was able to make contact with the Rising Support in the 175.5 area and has formed a Triple Bottom Pattern suggesting this strong reversal pattern is aiming for higher prices! Confirmation on the Triple Bottom Reversal Pattern will come when Price is able to Breakout of the current level holding Price @ 176.3. Once the Breakout of the Triple Bottom is confirmed, this could generate a great Long opportunity from the 176.3 level to the next Resistance Zone @ 177.7 - 177.9
Long
by Novi_Fibonacci