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Euro will rebound from seller zone and then start to fallHello traders, I want share with you my opinion about Euro. The price action for the Euro has been methodically developing within the confines of a large upward channel for several weeks, creating a clear structure of higher highs and higher lows. This pattern has been anchored by the major buyer zone near the 1.1580 support level and capped by a dynamic resistance line. The market has just completed a full upward rotation within this structure and is now at a critical inflection point. Currently, the price of EUR is directly testing the upper boundary of the channel, which forms a powerful confluence of resistance with the horizontal seller zone located at the 1.1720 - 1.1740 area. The primary working hypothesis is a short, rotational scenario, based on the expectation that sellers will successfully defend this significant resistance confluence. A confirmed rejection from this seller zone would validate the integrity of the upward channel and likely initiate a new corrective swing to the downside. This move would first need to break the current support Level at 1.1720. Therefore, the TP for this scenario is logically placed at 1.16150, a target that aligns perfectly with the ascending support line of the channel and represents the most probable objective for this bearish rotation. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
21
DOT Daily After a strong downtrend, the price has stabilized around the 3.23 – 3.27 support zone, showing several bullish reactions from this area. Recently, the price action has formed a Symmetrical Triangle structure, meaning volatility is tightening and energy is building up for a breakout. The key resistance lies in the 4.40 – 4.65 zone (pink box), which could be the first target if the triangle breaks to the upside. A breakout above the descending trendline (upper side of the triangle) with rising volume may signal the start of a strong bullish move. On the other hand, if the triangle support and the 3.23 level are lost, the price may continue lower toward 3.00 and possibly 2.75. The current Symmetrical Triangle can act as either a continuation or a reversal pattern, depending on the breakout direction. Given the recent bullish reactions at support and the market’s defense of the 3.2 zone, the probability of an upward breakout seems slightly higher. ❓ Do you think this triangle pattern could be a signal for a new bullish rally in DOT?
by amir9
1
GBPUSD – Supply Zone Bears on Watch!GBPUSD continues to trade within a broad descending channel on the 4H timeframe. Price is approaching a well-defined supply zone that aligns with the upper red trendline resistance. 📉As long as this area holds, sellers are expected to step in, making it a high-probability zone to look for short setups. A rejection from this level could push price back toward the lower boundary of the channel, keeping the bearish structure intact. Traders should stay cautious and watch for confirmation signals before engaging. ⚠️ Always remember: patience pays. Let the market come to you. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
3
EURNZD: Rose steadily and created a Bullish FlagEURNZD looks quite interesting at the moment. Price rose to the upside steadily and now seems to have created a well known pattern: a bullish flag. My expectation is for the price to continue, but first I would wait for a full strong candle to confirm the signal. I would target 2.00500. If, on the other hand, price will decline below the flag, that would invalidate the continuation, and we can expect a short-term pullback incoming. What do you think?
Long
by TrendDiva
16
Bullish Pattern: V-Shape + Shakeout with Strong RSI SignalOn the QQQ weekly chart, a recurring bullish pattern has emerged multiple times over the last years: 1) V-shape recoveries followed by Cup & Handle formations and then a shakeout, all of which preceded powerful upside moves (highlighted with arrows and circles). 2) Each time the weekly RSI touched the 30 zone , it triggered a strong bullish rally. This happened three times in the past (2018, 2020, 2022) and just occurred again in March/April 2025. 3) Both times the Cup & Handle pattern formed, the RSI found support around the 45 level. This suggests that QQQ may be setting up for another bullish leg if history repeats itself. 📊 Key Takeaways: Weekly RSI bouncing from oversold (30 zone) Recurrent V-Shape + Cup & Handle + Shakeout bullish pattern Strong rallies historically followed this setup ⚠️ Not financial advice — purely a technical pattern study.
NASDAQ:QQQLong
by felipegomesbwm
1
What Bees Can Teach Us About Trading!At first glance, bees and trading seem worlds apart. But look closer, and you’ll find powerful lessons traders can learn from the hive: 🏗️ Discipline & Structure Every bee knows its role and sticks to it. Traders too must follow their plan with precision. 🛡️ Risk Management Forager bees never all leave at once; they manage risk for the colony. Traders should also protect capital and avoid going “all in” on one setup. 🔍 Pattern Recognition Bees know when and where to collect nectar. Traders rely on recognizing price patterns and market cycles. ⏳ Patience & Consistency A single bee’s contribution is small, but millions of trips create honey. Trading success also comes from consistent small gains that compound. 🧘 Emotional Control Bees don’t let fear or greed guide them; they follow their system. The same applies to traders who stay calm and disciplined. 👉 In short: Trade like a bee — structured, patient, and focused on the bigger picture. 📚 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.
TRADENATION:XAUUSDEducation
by TheSignalyst
20
EURUSD - Moving towards the upper boundary in the rising channelSince reaching its recent low on August 1st, EUR/USD has been moving within a clear and consistent rising channel on the 4-hour chart. This upward structure has been well respected, with price action repeatedly reacting to both the upper resistance and lower support boundaries. The overall trajectory suggests that buyers have been steadily in control, but current market positioning shows the pair approaching a significant area that could determine the next directional move. Rising channel On the 4-hour timeframe, EUR/USD continues to trade inside this well-defined rising channel, with the slope indicating a healthy bullish trend. The price has been making higher highs and higher lows, consistently respecting the boundaries of the channel. At present, EUR/USD is hovering near the midline of this structure, which often acts as a pivot area where momentum can either accelerate toward the channel top or retrace toward its base. 4H FVG resistance Currently, EUR/USD is facing a strong 4-hour Fair Value Gap (FVG) resistance zone, positioned around the 1.1720–1.1750 region. This supply area is from a sharp sell-off from late July and may act as a significant hurdle for buyers. If this resistance holds, price could be pushed back down toward the lower boundary of the rising channel, possibly testing the 1.1620–1.1650 area. However, if EUR/USD manages to decisively break above this 4H FVG, it would open the door for a continuation toward the upper channel trendline, which currently lies near the 1.1850 level. Bullish support on the rising channel Should the 4H bearish FVG remain unbroken, the lower boundary of the rising channel becomes an important support to watch. A pullback toward this zone could provide buyers with a favorable opportunity to re-enter the market. A strong bounce from this support would reinforce the bullish structure and potentially set the stage for another attempt to breach the resistance area, with the aim of resuming the climb toward the channel’s upper limits. Final thoughts EUR/USD is in a critical position within its well-structured rising channel. The outcome at the current 4H FVG resistance will likely dictate the next swing. A break above could fuel a run toward the upper channel boundary near 1.1850, while rejection here may see a retracement to the lower channel support before another push higher. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
Long
by Youriverse
43
Bullish pennant forming on 1hr?ETH/USD appears to be forming a bullish pennant on the 1H chart following a strong impulsive run from $4,290.64 to $4,518.60. The consolidation is converging toward the apex with declining volume, consistent with continuation pattern behavior. Breakout Projection : Pole height : $227.96 Estimated breakout point : ~$4,622 Target : ~$4,842 Invalidation : Breakdown below the lower pennant trendline with strong volume before breakout would invalidate the bullish pennant thesis. This is not financial advice. It is merely an observation of an optimistic apparent pattern formation. Always do your own research and assess your own risk tolerance before making any trades.
COINBASE:ETHUSDLong
by jsd303
1
Mastering bearish candlestick patterns - How to use it!Bearish candlestick patterns are a cornerstone of technical analysis, relied upon by traders across financial markets to assess the likelihood of price reversals or continued downward trends. At their core, these patterns are visual representations of shifts in market sentiment, formed by the open, high, low, and close prices over one or several trading sessions. When recognized accurately and interpreted in context, bearish candlestick setups can alert market participants to the fading strength of buyers and the increasing presence of sellers, which often precedes downward price movements. Expanding on this, a comprehensive understanding of each pattern’s nuances, psychological underpinnings, and optimal trading applications can significantly enhance a trader’s analytical toolkit. What will be discussed? - What is a shooting star? - What is a hanging man? - What is a gravestone dojo? - What is an evening star? - What are the three black crows? - How to trade the bearish candlestick patterns? Shooting star The shooting star pattern stands as a prominent candlestick configuration foreshadowing potential bearish reversals after an uptrend. This single-candle pattern is distinguished by a small real body situated near the lower end of the price range, a long upper shadow that is at least twice the length of the body, and little to no lower shadow. The psychological narrative implied by the shooting star is compelling: buyers initially control the session, pushing prices sharply higher, but by the close, sellers have overwhelmed this optimism, pulling the price back down to near or below the opening point. This abrupt shift in control suggests that the bullish momentum is waning, priming the market for a price correction or reversal. Hanging man The hanging man, while visually similar to the hammer pattern of bullish reversals, is distinctly bearish because of its position at the top of an established uptrend. This single-candle pattern features a small body at the upper part of the trading range and a markedly long lower shadow, again with minimal or absent upper shadow. During the session, substantial selling pressure drives prices down, accounting for the extended lower shadow, yet buyers temporarily regain some control, recovering much of the loss by the close. Despite this late-session recovery, the appearance of the hanging man warns traders that sellers are growing more aggressive – especially if the next candle confirms the weakness with a lower close. Gravestone doji A classic and somewhat ominous formation, the gravestone doji is a specialized form of doji candlestick that carries even greater weight when it appears after a rising market. Here, the open, close, and low are all clustered near the session’s low, forming a long upper shadow with no lower shadow. This structure vividly illustrates a dramatic shift in sentiment: buyers propel prices higher during the session, only to be met by intense selling which pushes prices back to the opening level by the close. This failed rally, marked by the upper wick, reflects the exhaustion of buying interest and the potential onset of bearish dominance. Bearish engulfing Turning to multi-candle setups, the bearish engulfing pattern is a powerful, two-bar reversal pattern. The initial candle is bullish and typically a continuation of the prevailing uptrend, but the second candle is bearish and must open above and close below the body of the first candle, “engulfing” it completely. The transition from a relatively small upward move to a much larger downward move highlights a rapid escalation in sell-side enthusiasm. Importantly, the larger the second candle and the greater the volume accompanying it, the more reliable the signal. Evening star The evening star expands the analysis further into a three-candlestick formation, representing a storyline of shifting market dynamics. The pattern commences with a long bullish candle, followed by an indecisive small candle (the star) that gaps above the previous close, and concludes with a large bearish candle that closes deep into the first candle’s body. The evening star is especially meaningful because it narrates a transition from bullish exhaustion to bearish control over three sessions, making it a robust signal of a pending trend reversal. The reliability of the evening star increases if the bearish candle is accompanied by high volume, confirming a surge in selling pressure. Three black crows Among the most striking bearish signals is the three black crows pattern. It comprises three consecutive large bearish candles, each opening within the body of the previous candle and closing successively lower. This pattern demonstrates relentless selling over several sessions, erasing prior gains and indicating that bearish sentiment is in full swing. Collectively, the three black crows can shift market psychology significantly when they appear after a lengthy uptrend, especially if accompanied by increased trading volume. How to trade the bearish candlestick patterns? Effectively using bearish candlestick patterns in a trading strategy requires more than mere recognition of shapes. The context in which these patterns emerge matters greatly; traders should analyze preceding price action, the scope of the trend, and any converging signals from other technical tools such as momentum oscillators or volume indicators. Confirmation is a best practice, waiting for a subsequent session that continues in the bearish direction can filter out false signals and decrease the chances of whipsaw trades. In practice, traders may use these patterns to identify short-selling opportunities, define entry and exit points, or adjust stop-loss levels to protect profits as a trend appears to reverse. Risk management is crucial, as no pattern is infallible. Position sizing, stop-loss placement, and ongoing evaluation of the broader market environment all contribute to the prudent use of candlestick analysis. By integrating these patterns into a comprehensive market analysis framework, traders are better positioned to interpret crowd psychology, anticipate significant reversals, and navigate the complexities of price movement with a higher degree of confidence and skill. ------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Thanks for your support. If you enjoyed this analysis, make sure to follow me so you don't miss the next one. And if you found it helpful, feel free to drop a like 👍 and leave a comment 💬, I’d love to hear your thoughts!
TRADENATION:BTCUSDEducation
by Youriverse
53